  Here's to hoping that 2023 goes smoother... |
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If you don't have very cheap electricity you may consider to use an solo pool, because the payouts of a regular pool will probably not be enough to cover even your electricity bill. If you would however mine solo, you have the chance to find a complete block for yourself and basically earn 100K USD equivalent in bitcoin. The chance is slim, but its better to waste money on electricity.
With pools that have regular payouts at least you get something, now whether or not it even comes close to paying the electric bill just depends on what your electricity costs. For most people they would be running at a loss. Just remember that in the case of the very large pools, yes they find a lot of blocks BUT the rewards are split among gazillions of other users with your (tiny) reward being based on how many THs you run vs total pool hash rate. With solo, unless you are talking about only a few THs of stick or pod miners you would be facing a large electric bill each month with the hope of a payout within a few years all the while paying that large bill each month. |
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The probability of a CPU ever finding a block is so small that it would be a waste of electricity since it wouldn't help secure the network.
Chances are pointless at that level.
I was told the same thing with USB mining and how much money I wasted on little USB sticks but here I am.  Very true and against truly astronomically high odds you hit a block.  That said, while using cpu/gpu *is* technically possible the much lower hash rate is several magnitudes lower that of a Compac-F and that much higher against ever finding a block in ones lifetime using them. But yes- it IS technically possible. To me the main point is just get a Compac-F or the new R909 pod und forget about doing it with a cpu/gpu just because you can. Either way is very simple plug & play. Aside from an academic exercise to prove the code works and can actually mine to a node I don't see the point. |
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On a more educational 'for the community' note: Just peruse -ck's git repository and compile/setup one of the early versions of cgminer that still supported what you want. Since you will also have to mine to your own node because no mining pool will accept your required work diff & share rate you won't need stratum which was introduced long after cpu/gpu support was dropped. Just dig in, learn, and code what you may need yourself. With the code being open-source no one here can nor should stop you. We just are not going to support your endovour  Of course you will also lose all the other performance & security updates contained in the later versions unless you also dig through the code and apply them as desired. AFAIK most would not impact your project of using cpu/gpu's. Heck, ask the right questions in a thread dedicated to your goal and some other capable coder(s) might show up to help. Just don't expect the main devs (well, 1 remaining active dev) of the software to be interested or encourage it. |
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why call us an idiot because we want to mine with our gpus? your just being nasty, im just here to improve the community
we know its inefficient, mining with a gpu, sure, but we dont care Bringing back a not only highly inefficient but also highly pointless way to mine BTC is *not* improving the community. It is pandering to the whims of a few folks that want to play with themselves and say they are 'mining BTC' when in-fact they are in no way helping the BTC ecosystem. Should we care that they want to do that? Nope. It's their choice. If they feel they deserve what amounts to a Participation Trophy, well, whatever floats yer boat but guess what... Should the Powers-That-Be help them do it? Hell nope. That's *our* choice. |
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Naturally Kano's, what he would say if you were to do it to the other one? oh no no no... And he would be right to do so because Kano has done a fair bit of updates to cgminer since -ck stopped supporting it & locked his git. Now, if someone wants to add more hardware support to the out-of-date version, fine and dandy but that would be a pretty silly thing to do. As for the community 'needing cpu/gpu support': This is the Bitcoin area - not alts - BTC outgrew being mineable with them long long ago. Since Kano has rather strong feelings regarding scamcoins (which are the only thing mineable with cpu/gpu) that ain't gonna happen. |
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The miner does not store any information regarding coins that it has mined so you are screwed...
Sorry that you lost the coins but hopefully you have now learned to always keep backups for both your computer and offline backups of your wallet keys & passwords.
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Ja. Main point here is that the solo pool should automatically payout. No 'withdrawal' initiated by you needed. In the case of -ck solo pool it is automatically sent as part of the coinbase, in the case of Kano's solo pool payout is to the pool wallet and from there immediately sent to your address that you setup when you joined the pool.
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1. This is the Bitcoin-only mining area. that means unless you are running USB-based miners there is NO software to set up. 2. Bitcoin miners are plug-n-play devices where all you do is fill in the address for mining pool you are using, your user name on the pool, and a password (usually just 'x' is fine). That is about as user-friendly as it gets! Of course you need a wallet to receive BTC but that's a different topic. 3. If you are running a USB-based stick or pod miner then ja, you need to setup cgminer for them - just follow the directions given in the topics for those miners. If you are NOT mining Bitcoin then you need to go to the altcoin ares of the Forum and yes, depending on the coin there may be software setup involved. Folks new to mining (any coin) should peruse the Beginners & Help area of the Forum. |
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I think you can not get the maximum output from any mining rig while powering it from solar power. And pray tell us why? The power source a miner uses is irrelevant. The only thing that matters is how much power is produced. Properly size the solar array to produce at least as much power as the miner(s) draw and as long the sun is shining you are golden. Now, whether or not you can run 24x7 on the power source, that is a different matter. |
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I don't wanna be a partypooper, but I think that "take some time" is an understatement here. From what I read on the topic, this device (NIF) is not really efficient as lasers actually used 322 mega joules to deliver 2.05 mega joules of energy, which then through reaction produced 3.1 mega joules of energy. It is important achievement nevertheless , but I don't expect this to be actually used for at least couple of decades. Anyway, who wants to read more on the subject, here is a good article that explains everything https://www.nature.com/articles/d41586-022-04440-7It can only be good if it's shared with every country if it's just for the US then nothing stops OPEC countries from using fossil fuels.
Don't worry, when/if US develops such tehcnology, China will reverse engineer it. If one has been following the Fusion Power Saga for any length of time they would know that no single country holds a 'lead' in development of it nor can ever monopolize it. As for China et al reverse engineering ANY advanced technology, knowing how to do something is only a small part of what is involved in reproducing it for themselves. It's a matter of all the industrial infrastructure having to exist for making the multitude of bits & pieces required. A prime example of that is the lithography gear used to produce IC's especially cutting edge ones. There is a reason why China has no foundries that are able to produce chips at the 7nm node using home built equipment: They would have to 1st build up far too many other industries first for them to be able to do it. |
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You mean ASIC-based miner manufacturers. ASIC manufacturers are Foundries such as TSMC, Samsung, GloFlo, etc. This is a technical Forum so please use the correct terminology here. An ASIC is dedicated purpose integrated circuit chip that is used a device: It can be for a sha256 processor, heart of a tv remote controller, wireless mouse, digital clock, RING video doorbell, etc. Mining chips amount to just a tiny fraction of ASIC ships produced. |
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I've been reporting all their spam posts to the mods as: Trash, cloudmining spam With any luck they will soon be booted off the Forum Still not banned, or at least the trash posts deleted. I am not sure if the mods are paying attention in this board. Meanwhile, I have just decided to take the shill accounts as a temporary solution. Just an update to this, their accounts & of course posts have been removed by the mods. The mods did leave this post of mine about it as a CSA https://bitcointalk.org/index.php?topic=5422048.msg61423936#msg61423936 |
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interesting, do you have any link to the source/document/scientific paper which describes it? Were rocks really used for trading? Do you know which region this photo comes from? They are from the island nation of Yap. Hard to believe you've never heard of them before... https://en.wikipedia.org/wiki/Rai_stonesCall me dumb ignorant, but no! In fact this part of science is really far from my circle of interests. But it is always good to learn something new, even about Micronesian tribes on bitcoin forum 'Dumb ignorant'? Certainly not! Guess it's more of generational thing... Yapstones is just a tiny bit of - odd - random info I picked up when reading the Riply's Believe it or not clips in the Sunday comics when I was a kid back in the 60's... Nice little article about the stones being 'the original bitcoin' https://www.sciencealert.com/the-original-bitcoin-still-exists-as-giant-stone-money-on-a-tiny-pacific-island. In this case the blockchain is the communal knowledge of each stones ownership history. At a glance, these massive, heavy stone monuments (which are often taller than the people who own them) might not seem like they have a lot in common with a digital system of value that is encrypted, intangible, and basically invisible to human senses.
But that physical contrast masks the stunning shared feature of bitcoin and rai – both forms of currency depend upon a public, community ledger system, that provides transparency about transactions, as well as security, and all without needing a centralised bank structure. |
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I even hope it produces a bit heat. Folks... Ja it would make for a nice foot warmer but remember it is only drawing 60-maybe 100(?) watts and that means very little heat is produced The smallest space heater Ive ever found pulls ~150w on low and 300w on high and is sold as a <drum roll please> under the desk foot warmer... Hmm, found a nice little radiant heat panel, 170W |
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... So e.g. If you expect 250 blocks but only got 200 blocks that's 200 blocks with mean 250/200 = 1.25 (and 1/1.25 = 0.8 of course) Using the gsl library (like I use in KDB) thats: gsl_cdf_gamma_P(200, 200, 0.8 )=0.999518 Well lets hope the suggested random numbers 200 vs 250 are wrong, coz that's a once in about 2074 months event (172.9 years) Of course that's not impossible, but yeah maybe StratumV2 doesn't work  However, since it's not linear, if their actual numbers are even a little higher, (still with the same 80%), the probability starts getting more unlikely faster. Well, whatever it was, it's been swept under the carpet like slush has done twice before. I guess their miners don't really care about losing so much BTC ... ... ... ignorance is bliss. Ja. Apparently with all the other bigger problems happening their 'block shortage' is a yawn. Personally, if I was one of the folks running RIOT I'd want a better answer than it being 'variance'... Throw in the odds against that to begin with and then the fact that this is the 3rd time for Slush/Braiinspool to have it happen, well... If variance truly IS what caused it well, moving to a different pool is pointless because Luck is Luck. Any news regarding if RIOT is using SV2 on the pool they are using now? Going out on a limb here but IMHO they will go back to the original Stratum with their new pool just to take that out of the equation. |
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Actually, the scammer has had 3 personas here: Name: NimboPontik93 Date Registered: December 08, 2022, 04:10:35 PM Name: Pepchich1989 Date Registered: December 08, 2022, 04:14:01 PM Name: martinenrot Date Registered: December 08, 2022, 04:38:44 PM In a way it's kinda funny reading their 3-way convo's trying to lure victims into their scam edit: 12/12/2022, looks like the mods have removed the scammers posts and accounts and are keeping this alive as a CSA  |
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P.S. Is this service in question - bit3-mining.com (not advertising)? Their site is 1 month old and the 'three' folks posting about it are no doubt the same person shilling their SCAM. |
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