Thank you  But for now I am a bit overwhelmed by it all.  I found something big  first time in 39 years . I was 18 at the time back in 1975.  It was pretty cool to find that.

Finding this was more  of an oh shit what should I do moment.

 Historically buying btc occasionally wins over buying gear and mining.

  Take the batch 1 s-3's  sold at 2 for 1.5 btc and if you purchased them you got a coupon or a refund.  so the 1.5 btc was  really only 1.35 btc

So the day I purchased mine I paid  1.35 btc after the adjustment  you paid for 1.35 btc the same day.  THAT DAY WAS JUNE 30

HERE IS THE SALE 
https://blockchain.info/tx/fc58360c81e322871913b48ae1f4c897532129b5d0166c04fd9505733216a532 

coins were 618  I paid 834 for the 2 machines. 


 a coin holder paid the same 834.usd for the 1.35 in coins   well 1.35 coins are worth 648 usd  so a coin holder put up 834 and now has 648   a loss of 186



me a machine buyer I mined 1.10 coins as of today  1.1 x current price of 480 is  528 dollars  I have these in a very cheap power spot they have mined from July 23  up to now power for these is under 3 cents a kwatt  that is  around 50 cents a day or 25 bucks so far   so   take the 528 - 25 = 503 make it 500   .

834 - 500 = a loss of 334 but I have 2 working s-3's

  I did better with the  2 s-3s as selling 2 s-3s today for 300 each would be a breeze.

even if I paid full price for these in power it would 125 not 25.

    so I would be losing 434 today  selling two of these for 300 each would still make profit.  So for batch one buy s-3s was better then holding coins if :

A) power was under  15 cents
B) you had psu's on hand.

even  if   you purchased a psu for 100-120 you still would have made money on the batch 1 s-3s

I only have 5 mh but they are all paid for.

 i also have an s-3 which is paid for.

Down  more:

 https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   27,428,630,902
Estimated Next Difficulty:   29,997,491,453 (+9.37%)
Adjust time:   After 477 Blocks, About 3.1 days


http://bitcoincharts.com/

Difficulty   27428630902
Estimated   29407065995 in 476 blks

7.21% here

So  the two have drifted from .0007  to 7.2%

And from 14.78   to 9.37%

This is the common pattern since bitcoincharts is real time number that projects  it self into the future.

btcwisedom uses the realtime number and older data to guess the future.  since growth has been slower since june 30th   they have had a different accuracy pattern.  or at least a smaller pattern.   So one tends to always be high the other tend to always be low and they trend to the middle.

now at the 3 day mark 9% looks good.

with a 9% rate in the bag there is a large incentive to not increase your gear until the day after the jump.  (say what)   this is for the miners that count the builders.

bitmain tech will start shipping today knowing that the rates will drop a bit for the next 2-3 days while the gear is in transit.  So we may go down to 8% then the next jump will come in 14-15 days that way both the new gear owners of an s-3 get a break  for the first  2 weeks of ownership.  and if bitmaintech wants to mine then ship in 2 jumps it  is rinse and repeat .

  So while my .0007 jump got attention it looks to be part of the overall builders diff jump plan for us few small miners. I will take the 8-9 percent to the bank.

  Ah shit happens I read hundreds of comments on hashtalk.  I knew when I found this it was a big deal.
So many people mining had no idea how they were making the system work. by the way it still works  with every pool but nicehash.  I do believe there are workarounds for nicehash to be brought back. but it will not be as seesaw in payoffs.  they may adjust payments over a 5 or 10 day time period not 1 day. 

 I knew if I kept my mouth shut it would have been wrong  many people  could lose money that they could not afford to lose. 

  yeah a lot of drama.    I did not want to see zen facing a .04 or .045 payout per 1th of gear come sunday or monday vs .019-.022 per th norm

Or a slick group  that would milk it for  .027  per th a lot but not enough to really draw attention.

Ah I found it in the middle of last night  and this were complicated by too much coffee pm's email's yada yada yada



I just posted this. here https://bitcointalk.org/index.php?topic=720844.msg8768366#msg8768366

"Okay Josh the  ceo   of zen-gaw and I had a long talk via pm.  He paid me 1.75btc .

0.75btc   was to repay the money I spent to figure the nicehash issue out.

1.0btc was a finders fee  for saving his company a possible huge financial  setback  if this was done after the large fri sha256 was done.

 I wish I had been able to explain this easier and simpler and not caused the drama that has occurred.

  But plain and simple  If I had figured out Mt Gox 1 week sooner and saved that day I would have.
If I figured out BIPs in advance and saved 1000 lost coins I would have.
 If I had been able to do this for trade fortress I would have.

I also think in each case I would have pissed off a lot of people.  No matter how I had done it.  


I know that I pissed off people here that  was not my intent.  I still have an S-3 mining in the zen cloud and it will earn less.  I want to point out they stopped the problem and knowing them they will come up with a better idea.
   I still feel like I walked up to them and said your left nut is bad it has to go.  Or if you arer\ a girl your left ovary is bad time to cut it out. the pain today is real but in the long run you will survive.
   To their credit they did give me a bounty and did not fluff off the problem.  If they were MT Gox they would have run.

Josh thank you for being a stand up guy. Plus a man of your word."



THIS IS NOT SOMETHING I WAS LOOKING FOR .

In retrospect I was a bit afraid that I found something this big.

  I got a bit paranoid  and I rushed it to print so to speak.  
Don't drink coffee and sit at  a pc for 20 hours out of 24 .  If you find something important you may handle it stupidly.
If I ever find a large problem like this again.  
I will handle it differently.

I do believe I stopped a lot of money from being stolen from zen-gaw which ultimately helps their customers.

Okay Josh the  ceo   of zen-gaw and I had a long talk via pm.  He paid me 1.75btc .

0.75btc   was to repay the money I spent to figure the nicehash issue out.

1.0btc was a finders fee  for saving his company a possible huge financial  setback  if this was done after the large fri sha256 was done.

 I wish I had been able to explain this easier and simpler and not cased the drama that has occurred.

  But plain and simple  If I had figured out Mt Gox 1 week sooner and saved that day I would have.
If I figured out BIPs in advance and saved 1000 lost coins I would have.
 If I had been able to do this for trade fortress I would have.

I also think in each case I would have pissed off a lot of people.  No matter had I did it. 
I know that I pissed off people here was not my intent.  I still have an S-3 mining in the zen cloud and it will earn less.  I want to point out they stopped the problem and knowing them they will come up with a better idea.
   I still feel like I walked up to them and said your left nut is bad it has to go.  Or if you arer a girl your left ovary is bad time to cut it out. the pain today is real but in the long run you will survive.
   To their credit they did give me a bounty and did not fluff off the problem.  If they were MT Gox they would have run.

Josh thank you for being a stand up guy. Plus a man of your word.

I did this on another thread and I am quoting it here.

yeah I rather an attempt at honesty then all of us cutting throats over coins.



I went for my swim and further developed  how cheap it was to do this. the case example below is made up but very easy for anyone to do.
_______________________________________________________________________________ _____

Lets say I am Lee from china and run this thread. I am not him  and he did not do this.

https://bitcointalk.org/index.php?topic=514758.0

Zen-Gaw is a rival to me.  I have tons of hashpower in my data centers and Zen-Gaw  drains customers from me.
How can I fight back?

So In lee's mind he says I have 66 1.5th  not sold or hosted that is 100th.  I have them pointed at ghash and I get normal luck so my 100th is getting 1.9 btc before the power bill.

He points the 100th at nicehash ands sells his hash at 0.0310  way too high.

He has a friend open an account at westhash buying 100th at 0.0311  also way too high.

so 100 x 0.0310 = 3.10btc  so 100 x 0.0311 = 3.11btc   he is getting  to jump the going price from 0.019 to 0.030
for .001 btc and  a 2 percent fee which is .02 x 3.1 or 0.062  and .02 x 3.11 which is 0.0622 that means .
0.0622
0.0620
0.001
_________
0.1252   btc spent

  to rise  the payout from say .010 an s-3 to .015 and s-3 and all other gear following nicehash sha256

It is legal to do this and in the end Lee would still have his 100th earning the 1.9 btc - .1252 and his bottom line would be only  60 usd worse off...  each day he did it.
__________________________________________________________________________

Zen-gaw would lose 4 to 10 btc for each 1 day attack.   just guessing but I think I am correct. Since the loss for just the top ten champions was about 1 btc yesterday.

I have been thanked via pm from  GAW Miners_Ceo

he promised me a btc bounty.  So I spent .75btc to find the problem  I guess he will send me 1.75btc

that would be a btc bounty plus the .75btc in expenses

 I will post on that when he  sends it.

I am taking Off for some pizza at the jersey shore.  be back later.

At collider. I deleted your post but I have saved a copy of it.

to all please read  top of thread

https://bitcointalk.org/index.php?topic=777194.0

New edit:
 I want to say that the bounty question was caused by my rush . Eric of zen mentioned to not post details here on bitcointalk. I had a miscommunication with him  and posted details my bad. Eric then said the would not pay the bounty.
  Frankly talking on pm's at 1:00 am
was my mistake I was tired and misunderstood Eric.  Posting so fast was a mistake on my part.  I got a lot of people going in lots of directions over this.  I know I pissed off Eric and he said no bounty.  To defend him it was late at night I dropped a bombshell on him and spam filters caused a lot of people a lot of grief.
  on the good side some real fixes are offered to this problem in the discussion on hashtalk.org so for now no nicehash but this idea below has promise

https://hashtalk.org/topic/5145/nicehash-sha256/737?page=39


since westhash/nicehash had rapid price flux someone proposed  a one month average I thought a diff jump length may be enough to fix it. cost of driving price up 10 or 11 days in a row would be more then enough and easier to detect.




Older edit:

 I am in contact with Gaw ceo and he asked me to say a few things.
I  am trying to be fair.  So here goes.
I stumbled on this problem. I tried to contact Eric and zen on zen hashtalk it was late last night and there was some miscommunication between the two of us. He asked me to not announce what I had found. I said okay He wanted emails explaining the flaw.  I sent multiple emails to him.  He kept saying I was not sending emails. I made a  statement that I did not believe him.  I posted what I found here.  In retrospect I suppose I could have waited longer to release the details.  I did not I released them.  My 1:00 am thinking may or may not have been the best thinking.

  Well the nicehash sha 256 mining option was ended on zen-gaw.  I have to say I have caused quite a few angry people. I wish that Eric's spam filters were not working as hard as they were in retrospect I would have waited to release this to see how they handled the issue.  I think I was mistaken and most likely Eric really did not have those emails.

 _______________________________________________________________________________ __

In defense of Eric and Josh of Zen and Gaw they closed the mining op for that pool they did the correct thing.

https://hashtalk.org/topic/5145/nicehash-sha256/3  They ended the nicehash -sha256 option
_______________________________________________________________________________ _______


I locked the first try at writing this thread  I decided I want to be able to moderate the thread.

I had 4 s-3's they mined at westhash and at nicehash. I sometimes would get huge spikes in price on Nicehash and westhash.  Often getting 2x normal payouts. I did not understand why but noted it as something I would look into. I did not understand why anyone would pay for sha256 hash at 2x the going rates.
I sold off my s-3's . I purchased 2 asicminer tubes.

 I was mining at mmpool.org with a pair of asic miner tubes. Why a small pool because asicminer tubes have pool choice limits if you use the stock controller (thanks fried cat).
So two days ago I thought I saw a flaw in mmpool.org's method of running the pool.  The pool is small around 50th.  I decided to test my idea out.  It involved buying large hash from westhash (a nicehash partner)  I purchased blocks of 30 th or 50 th even  100 th on and off from westhash and pointed them at mmpool.org  sometimes the mmpool.org got up to 130th of which 80th was all mine.
   After 30 hours of testing I spent about .75btc doing the tests I decided my idea that mmpool.org was flawed was wrong.  I did raise my btc due if it ever hits a block and would kind of break even if the block is hit soon.  The result I was looking for did not happen.  Sometimes an experiment can give a different result then you were looking for.
 I drove the price up from about .0245btc to .0307 btc on both westhash and its partner nicehash.  After I stopped the btc spending price dropped down to about .025btc




I realized this has other results.  I own an s-3  hosted on zen-cloud   and point it at nicehash.
here are scheduled payoffs for all zen gear pointed at nicehash


Payoff are .0307 per th.      now for 1 zen cloud s-3  this means you get .0145 instead of .0095   a gain of about .0050btc so no one would spend .7500 btc to gain .0050 btc.  But If I had pointed the extra hash at cex.io/ghash   my .75btc would have paid back around .5btc  so I would be spending around .2500 btc to earn .0050  now we all know  that makes no sense at all spending 50x the btc units to get 1 btc units for the 1 s-3 is silly a waste of money.

But zen cloud is full of gh in the sky.
the top ten are more then 100th total



 Those people would be paid  100 x .0307 = 3.07 btc  instead of standard 1.9 btc - 2.1 btc    so that is around 1 btc extra on just the top ten sha256 miners.  This could have cost zen-gaw big bucks. I like or should I say liked this company or maybe I should say I have had a hot and cold relationship with the company.  They have been very nice to me and at time really fucking stupid.
I am basically an honest guy so I decide to post a thread to them.  I fear they have been robbed more then once by manipulation on nicehash by someone buying on westhash.  I have seen huge over paid sha256 hash and could not understand why people would overpay for  sha 256 hash.  This reason is really good reason.  

So I do the right thing. I posted this thread.




I have more to say but I am going for a swim.  Be back in a few hours.

 I locked this will start over

Well here goes I have a zen thread I like the company enough to post a long thread

https://bitcointalk.org/index.php?topic=698679.0;all
https://bitcointalk.org/index.php?topic=743152.0

I find they were subject to attack I was not looking to rob them threaten them. I was looking to inform them of the problem. I was told they may reward me which would have been fine although I really wanted my .75 btc refunded that was done for the testing,  Not much more. What happens is a lot of bs ending with 2 return emails.

 So six minutes after I post I get an email from them telling me oh your emails were in my spam box . We would have rewarded you well but you posted it on bitcointalk so  we are not helping you or rewarding you.  I was not looking for a reward as much as I was looking to get my testing funds back. Frankly they may have been robbed a lot of btc.  As nicehash has had some wild crazy high payouts on sha256. At times 2x the norm  I am pretty sure they were being exploited in that pool as I was able to duplicate the method of attack at my own expense.

Edit









I find a huge fucking problem that could have cost them countless coins.. I believe they have been robbed with this flaw since some patterns on nicehash/westhash were weird and I get this in his pm's

  I think he got my emails. Here is part of one I sent.  I am tired and going to sleep.  thanks all

I was asked to delete them by a gaw staff member.  I will repost them in the morning if he continues to tell me my emails sent to explain this problem do not reach him.    I did them a favor  that would save them a lot of coin.  They deleted the thread on hashtalk.  I spent around .75btc to find the problem and to be able to prove it. It does exist and  frankly I proved it. 

  hashpoints are worth 1 penny each I earn them with upvotes I lose them with down votes.  I also earn them by keeping btc in my zen account right now I have 386 hp's 375 were earned from mining or 3.75 usd   I can lose them if people down vote a post.

  this is why I posted the fact that the zen-gaw system has a flaw that allows for huge gains in your earnings .  If I post it on the hashtalk site I fear a ban and endless down votes.

I am hoping to attract attention here and have This addressed rather quickly.

I pm'd the  Gaw Miners_CEO account here on bitcointalk as the should be Josh of zen-gaw

I have discovered a fundamental flaw  that allows for boosting earnings on  the zencloud site.

I will not tell the flaw to anyone but him as I like the company. I am awaiting an answer from him.

I have some money left in the company so it is in my best interest to not say what the flaw is but it is real and once pointed out easy to exploit. They can also fix this flaw with ease.

Once he gets back to me with a reply and fixes or does not fix the flaw I will reveal the flaw. Since someone else will figure it out eventually and in fact may have done so.  

  So to Josh of gaw-zen please answer the pm.

 To this site I am spending coin to prove their is a flaw so far I spent about .75 btc

 here is a link to my Zen thread

https://bitcointalk.org/index.php?topic=743152.msg8697967#msg8697967

I agree with the above with some exceptions.  Or maybe caveats.

Proper cooling along with slight under clocking and down volting will allow gear long life 3 -5 years easy.  I believe an s-3 an s-1 will last 3-5 years if not pushed hard and kept pretty cool.
I have had 50-80 gpus' 2000 or more usb sticks. blades gridseeds s-1s and s-3's in my hands.. four or five usb sticks have died four or 5 gpu's died. Most gear lasts.  But I do not push the shit out of it I do not redline it.  I use really good psu's Fans fans fans. My failure rate is pretty good.

here is a pair of  photo's from corsair's website


Now if dogie says  he has one with 8 plug's and 8 separate cable's
it means corsair has a mistake on the website.


I see 6 plug jacks for  6 pcie cables



I see 6 pcie cables 2 of which look to be 2x ended



so back to what I said only one fully modular 1 rail 8  well 9  separate cables is the very expensive evga 1600

maybe the corsair 1500  it has 10 but is more then 429 usd
http://www.corsair.com/en-us/ax1500i-digital-atx-power-supply-1500-watt-fully-modular-psu

while it is 10.86 from btc wise it is under that at bitcoincharts

https://bitcoinwisdom.com/bitcoin/difficulty

 Bitcoin Difficulty ----------27,428,630,902
Estimated Next Difficulty:   30,408,729,351 (+10.86%)
Adjust time:   After 663 Blocks, About 4.3 days

http://bitcoincharts.com/

Difficulty   27428630902
Estimated   29354966811 in 663 blks

This is around 7%