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This would be nice: P.S Recent Pool Upgrades....NICE WORK DOC! I think this would be a delightful addition. I just wanted to mention (found by reading organofcorti.blogspot.com) that for the last 50 days our luck is 30-50% more than the average, meaning in this pool we get (by luck) more than our hashrate deserves. And I'm happy with that  Me too! I plan to mention this anywhere that I can. I'm still quite surprised that Bitminter isn't a bigger pool. A stat like this, though no indication of future earnings, might be enough to get some people to bring their hash here. |
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cenicsoft, thanks a lot for that post. That gives me some food for thought.
The two parts of the website I am most unhappy with are the front page and the account details page which you get right after login.
What should be on the page after login?
Seeing how your own mining is gong makes a lot of sense. Perhaps instead of the pay per block some info on your hashrate could do the job? Maybe a small graph of your hashrate over recent shifts, as well as your current live hashrate? A lot of people like to watch the pool hashrate as well. It's already displayed at the top of every page, but it could be shown in the same graph as well.
Keeping the account balance is probably good too.
How many blocks do we need to find before you get X coins which you want to spend on something? Ok, I can see that this is something many would want. It's difficult to do that without getting all the confusion I was trying to put an end to. Perhaps the optional display you mentioned is a solution. I also have to explain to people several times per day that they get paid when blocks are found, not when shifts are finished. Obviously the website is confusing in this regard. I would like the website to make this fact obvious: "when blocks come in, coins come in". I'm not sure how best to do that, and I want to avoid the focus on how much you get per block and all the confusion that ensues.
To anyone using Bitminter: after you log in what do you most often need? Not necessarily exact numbers or buttons, but what you'd use them for.
When I log on the first thing I do is jump to the full stats page. I look to see that all of my miners are up and running both by my personal hash rate and at the number of workers that I have active. |
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I will send you some info in PM.
Fahlcor
Cool, thanks. I'll check it in a bit.
I'm not sure how familiar you are with the pencil mod but you can mod these in either direction, undervolt or overvolt. The idea of undervolting (what i've done) is to lower you hashing power and your power consumption at the same time. The way the S1's work as you lower both the power consumption lowers faster than your hashing power so you can increase your hash per watt. So far everything is working fine. What you loose is overall hashing power, you gain in efficiency. I think I might actually be throwing less errors (as a percentage of hash) than I did before the mod. Either way I've always had a really low amount of errors.
The nice thing abotu the pencil mod is that its really easy to un-do so when (not if) the price of BTCs goes back up sufficiently high enough I can un-do the pencil mod and overclock these back up for full raw hashing power.
Let me know if this answers your question or if you're interested in hearing more.
Didn't realize the pencil mod worked to under volt them to improve Ghash/Watt. That makes sense. Thanks for the explanation. Yeah, here's a how-to video. https://www.youtube.com/watch?v=aqhB96fSh64 |
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Hey Fahlcor, that is some serious power you're bringing. What kind of equipment are you running and how are you liking it? I'm still running S3's and some pencil-moded s1's so I may be looking to upgrade so some new stuff in the near future.
Curious to know what kind of performance are you getting with the pencil-moded S1's and are they throwing off a lot of hardware errors? I'm not sure how familiar you are with the pencil mod but you can mod these in either direction, undervolt or overvolt. The idea of undervolting (what i've done) is to lower you hashing power and your power consumption at the same time. The way the S1's work as you lower both the power consumption lowers faster than your hashing power so you can increase your hash per watt. So far everything is working fine. What you loose is overall hashing power, you gain in efficiency. I think I might actually be throwing less errors (as a percentage of hash) than I did before the mod. Either way I've always had a really low amount of errors. The nice thing abotu the pencil mod is that its really easy to un-do so when (not if) the price of BTCs goes back up sufficiently high enough I can un-do the pencil mod and overclock these back up for full raw hashing power. Let me know if this answers your question or if you're interested in hearing more. WOOOOOT!! block
If I can catch another one in the next 12 hours I will be up .5 btc on my rental. .75 earned back so far on the 1 btc I spent.
Everyone think Block!!!!
If I hit another I would gladly put another BTC into the hopper for rentals and hopefully help hit a block faster.
Fahlcor
Woohooo I'm up .55 BTC from my rental and still a good chunk of time until it fully wears off. My miners just came off of 5 days back to back being on rentals also. Was a strong week for me. If anyone else is renting and wants to time it together let me know. Otherwise once these last 2 confirm I will be tossing at least 1 BTC back into more rentals to see what happens. Fahlcor I'm not terribly familiar with renting hash at the levels you seem to be renting. I've seen the companies that rent hashing power (cloud hash, etc...) and the guys on ebay leasing out their equipment by the hour but it seems like your taking a different route. If I can learn a little more about where you're renting it, what the costs look like and how the process works I might be willing to time something with you. Any of threads of links to information that you can pass along would be much appreciated. Despite my loathing of luck chasers, I'm willing to play a little Blackjack or drop some money in the slot machine as it were. |
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Hey Fahlcor, that is some serious power you're bringing. What kind of equipment are you running and how are you liking it? I'm still running S3's and some pencil-moded s1's so I may be looking to upgrade so some new stuff in the near future.
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Doc, if you're looking for other improvements to make to the site it might be nice to have a date and time stamp on when blocks are found / solved. There is a "Time" column in the latest blocks section of the full sized live stats but I can never figure out when (the date) blocks were mined. I know there are other resources to keep track of this but that is one small and easy to fix area that could use a little tweak.
https://bitminter.com/blocksYou'll find the full date and time of each block found. Fahlcor, Thanks I totally forgot this this was on the site. |
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Doc, if you're looking for other improvements to make to the site it might be nice to have a date and time stamp on when blocks are found / solved. There is a "Time" column in the latest blocks section of the full sized live stats but I can never figure out when (the date) blocks were mined. I know there are other resources to keep track of this but that is one small and easy to fix area that could use a little tweak.
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Doc,
I'd like to see how all of those measures if possible. The one that I think I'll enjoy most is "Pay per billion proofs-of-work (shares) e.g.0.20561798 BTC". Maybe you could set it up like the Live Stats. Something lite and then another option that shows you everything.
I also think it would be helpful if you could incorporate someone's exchange rate. I'm particular the exchange rates that are based on a few different exchanges but anything would be useful. It would knock off another bitcoin related item that I have to go elsewhere to see.
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It would be great to catch a break. Even if only this once...  |
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I don't know if you guys follow the general Macro metrics of Bitcoin but I like to see what's happening at a high level. Here is a chart I've been watching closely. The wat I see it, more transactions spread around the network means more adoption. I feel as though this could be a good leading indicator of where the BTC market is heading. Obviously we all look at the current price but with that aside, do you guys have any charts that you watch? https://blockchain.info/charts/n-transactions-excluding-popularHeavy Hash rate folks, I'd be particularly interested to see what you're watching. |
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got some Spondoolies online today... hopefully they can help power thru this block now. Yeah you did! Good to see some heavy hitters sticking around through the good and bad luck. I'd like to second this. Glad to see you guys around and involved. |
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Yep, this is a really brutal block but overall this month has been great. You gotta take the good with the bad, no way around it.
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An artist creates a work of art. The work of art is property. Does the artist owe income tax on the day the piece of art is complete? I doubt it. Creating the accepted block of Bitcoin transactions is a beautiful work of art.
An artist sells a work of art. The artist owes income tax. A Bitcoin miner sells/uses the block reward. The miner owes income tax.
A miner mines a lump of rock out of the mine. Little does the miner know there's a piece of gold inside the rock. Does the miner owe income tax right away? Later the miner breaks open the rock and finds a shiny piece of gold-colored metal. Does the miner owe income tax yet? The miner tests the metal and discovers it is gold. Now does the miner owe income tax? The miner doesn't have the money to pay and would have to sell the gold in order to have enough money to pay the tax.
Yeah, that's the way it should work but not the way the IRS set things up. Does anyone know if I have to form an LLC to claim my mining expenses for equipment and electricity, etc... Or is there a way to claim them on a normal return using Turbo Tax. I'm thinking under self employment or a sole proprietorship. I welcome your thoughts.... |
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I had a bit of API fun an made a simple push notification using YO. Send a YO to BITMINTED to subscribe. You'll get a YO when a new BTC block is mined on BitMinter (accurate to within 15 minutes, does not send multiple notifications if more than one block found each 15 minutes). This sounds way cool. I'll give it a try too! Thanks for setting it up. |
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I just wanted to post a note of endorsement and recommendation for BitMinter. DrHaribo is very helpful and BitMinter is probably the most enjoyable pool to mine with.
I didn't get paid for saying this; it's just the unvarnished truth.
Varnish is overrated! I couldn't agree more!!!! |
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So who is this Roberto185 miner? Is this someone who was already in the pool that is scaling up or should we roll out the welcome to Bitminter red carpet? Either way, it nice to see another 50-60 Th/s joining to cause!!!!!
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Glad this was a cleanup. I was really worried I had pushed my rhetoric too far in the old thread. Now, on to earning and learning!!!!
Bitminter rules!!!!!!!
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I think there are some macro effects for sure but I think the big issue was some bad luck that scared some people off. There was also a lot of chatter (from idiots) on this forum topic about jumping pools to chase luck. Lately we've been super lucky (knock on wood) so I hoping to see some of the luck-chasers swing back in.
I like the idea of merging with (or better, absorbing) another pool that is in a similar situation to ours. This is a great pool and the Doc does everything you could hope for to make it as easy as possible to be successful here.
Your post about (idiots) is what keeps people away from this pool. I made over 7% more by switching pools. you can just go knock on wood if that's how you figure your returns. no luck chasers will EVER swing back in, when there is no luck involved. It's a numbers game ...............do the math................ Forgot to tell you the 2 and 3 day blocks Bitcoin price fell 10% or more and never figured that in block count to dollars. Please tell me who the (idiot) is? Good luck to all My post isn't keeping anyone away. Posts like yours do. Your switching could have just as easily netted you less. Stayed could have just as easily netted you more. Switching to maintain a stable roll on income is one thing. Moving pools due to bad luck is like switching poker tables or slot machines at a casino. "I'm not winning right now, so I'm going to move to another table" "I didn't win at the other table and I won at this table. I must be a genius" <---- Your right, how could someone say this and be an idiot. Sorry |
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I think there are some macro effects for sure but I think the big issue was some bad luck that scared some people off. There was also a lot of chatter (from idiots) on this forum topic about jumping pools to chase luck. Lately we've been super lucky (knock on wood) so I hoping to see some of the luck-chasers swing back in.
I like the idea of merging with (or better, absorbing) another pool that is in a similar situation to ours. This is a great pool and the Doc does everything you could hope for to make it as easy as possible to be successful here.
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