0. What's this spike in unknown?
There was a little bit of a spike in unknowns this week (up to 14%). 1AcAj9p6zJn4xLXdvmdiuPCtY7YkBPTAJo was originally on GHash.IO, but then last Sunday (15th June) it moved off GHash.IO and started solomining. This reduced GHash.IO's hashrate significantly, and by itself reduced GHash.IO's weekly average percentage of the network by almost 5%. Interestingly, it's also associated with a number of other unknown generation addresses.
There's still no proof that this address is not in some way associted with GHash.IO. Bitcointalk forumite gigavps thought that the address may belong "to bitfury or one of their backers".
If the address is still associated with GHash.IO in some way, then the change in GHash.IO's percentage of the network is cosmetic. Even if this address is in no way associated with them, GHash.IO still has more than 33% of the network, which is 8% more than I'm comfortable with.
No doubt in my mind that ghash.io has been obfuscating some of their blocks for quite some time. CEX.io is like Blue Bell ice cream... you know, where they sell all they can and they eat the rest. It's not rocket science to 'hide' blocks that you mine yourself. Given how much money they're making, I'm sure they've figured it out themselves or hired someone to do it for them. |
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I wish people would realize the fallacy of this whole ping time being the most important factor nonsense. Here's my post copy & pasted from another board, in reply to someone that questioned what I was saying. Keep in mind that this is for DOGE, the shares are farther apart for Bitcoins, so latency will have less of an impact. Sure,
Find a p2pool with at least 200 shares, preferably 500+. See what the orphan rate is, ignore the DOA rate (unless it's incredibly abnormal, like p2pool.org's).
Pool A has an orphan rate of 15%, pool B has an orphan rate of 10%. You have 30ms latency to pool A, 200ms latency to pool B (0% packetloss to both). P2pool attempts to time shares 15s apart, but from my experience it's more than that... so, let's be liberal with it and say 6 shares per minute, plus one block per minute. That's seven interruptions per minute.
There's a 170ms latency difference, which ends up being 340ms because of the round trip. Re: Your machine gets work, an interrupt occurs a nanosecond later, your machine keeps working on the old work for ~170ms, gets the new work and then there's another 170ms until that new work can be submitted... so then 7*340ms, 2380ms, 2.38s of dead time per minute. That's roughly a 4% DOA differential between Pool A and pool B.
So then you have, say, expected DOA of 1% on pool A, expected DOA of 5% on pool B.... adding those to the orphan rates, it becomes 16% for pool A and 15% for pool B, which means you'd be better off on pool B.
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AOEN is a fair coin.
fix spelling |
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Anyone want to purchase the alienco.in domain (and site if you want), the aliencoin dicegame, api, etc...
I will probably be shutting it all down very soon. There has just been no traction with the coin and the dev has abandoned the coin a long time ago. Contact me if you want to purchase any of the assets before I take them offline.
I hate Indian .in country code... no privacy.. |
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Those coins are still sitting, unconfirmed, unrefunded, in the blockchain somewhere. And without an explorer, there's no way to even track them down.
I have a user who's lost a ton of coins because the bek blockchain won't reject the transaction. Absurd.
Should be easy to recover, no different than recovering bitcoins or anything else that doesn't have proper transaction fee. BTW, is there any way to get rid of these? I have tens of millions of them sitting around somewhere. If syncing with the blockchain is a problem, I can set up 10 nodes or so.. |
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You could run it on a VPS w/ 2 GB of (dedicated, not shared) RAM, but I suspect you'd have to edit the source to block all transactions, or set the correct variables (limitfreerelay in bitcoin?).... limitfreerelay I believe is what would stop the transactions from even entering memory, unlike maxblocksize.
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ah, hi, I answered in PM but just in case,
I don't keep up with bitcoin mining so much anymore, so I really have no clue what p2pool's current block time is, I'm guessing it's somewhere between 12-36 hours. Once p2pool finds a block, you'll get paid out based on the total value of your shares vs everyone else's (over x period of time).
If it says 'GOT SHARE' in your log and it's not returning orphans or DOA's, then it's working..
If you're running the p2pool as a solo pool (just yourself mining), then it might be a very long time until you find a block... then you'd want to make sure your bitcoind is well connected (connect it to me at 5.9.24.81 for one, hoho).
ed: Payment is to default address (-a) used on command line (*or if you edited default in source code) unless a different valid address is provided on miner (and you aren't taking 100% fees)... I always mined with Colonel Sanders or Ronald McDonald or something and just had the -a flag set to where I wanted payout to be.
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But I am, I even tell that under my nick. Edit: seems like I'm not telling that... I'm just telling others to do so. Anyway I run one. Easy instructions for running a node like that would be appreciated. I guess there would be a a few dozen people doing that, since there is still capacity to run other, basic stuff like IRC there. Download the source, follow the instructions in build-unix.md. Turn off the wallet. Upload the blockchain and use bitcoind -reindex or redownload it all and put listen=1 in the conf file and open port 8333.. |
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Why don't you just set up a solo p2pool? That's probably the easiest way? nets = dict(
bitcoin=math.Object(
PARENT=networks.nets['bitcoin'],
SHARE_PERIOD=30, # seconds
CHAIN_LENGTH=24*60*60//10, # shares
REAL_CHAIN_LENGTH=24*60*60//10, # shares
TARGET_LOOKBEHIND=200, # shares
SPREAD=3, # blocks
IDENTIFIER='fc70035c7a81bc6f'.decode('hex'),
PREFIX='2472ef181efcd37b'.decode('hex'),
P2P_PORT=9333,
MIN_TARGET=0,
MAX_TARGET=2**256//2**32 - 1,
PERSIST=True,
WORKER_PORT=9332,
BOOTSTRAP_ADDRS='forre.st vps.forre.st portals94.ns01.us 54.227.25.14 119.1.96.99 204.10.105.113 76.104.150.248 89.71.151.9 76.114.13.54 72.201.24.106 79.160.2.128 207.244.175.195 168.7.116.24
3 94.23.215.27 218.54.45.177 5.9.157.150 78.155.217.76 91.154.90.163 173.52.43.124 78.225.49.209 220.135.57.230 169.237.101.193:8335 98.236.74.28 204.19.23.19 98.122.165.84:8338 71.90.88.222 67.168.13
2.228 193.6.148.18 80.218.174.253 50.43.56.102 68.13.4.106 24.246.31.2 176.31.208.222 1.202.128.218 86.155.135.31 204.237.15.51 5.12.158.126:38007 202.60.68.242 94.19.53.147 65.130.126.82 184.56.21.18
2 213.112.114.73 218.242.51.246 86.173.200.160 204.15.85.157 37.59.15.50 62.217.124.203 80.87.240.47 198.61.137.12 108.161.134.32 198.154.60.183:10333 71.39.52.34:9335 46.23.72.52:9343 83.143.42.177 1
92.95.61.149 144.76.17.34 46.65.68.119 188.227.176.66:9336 75.142.155.245:9336 213.67.135.99 76.115.224.177 50.148.193.245 64.53.185.79 80.65.30.137 109.126.14.42 76.84.63.146'.split(' '),
ANNOUNCE_CHANNEL='#p2pool',
VERSION_CHECK=lambda v: 50700 <= v < 60000 or 60010 <= v < 60100 or 60400 <= v,
VERSION_WARNING=lambda v: 'Upgrade Bitcoin to >=0.8.5!' if v < 80500 else None,
),
Change identifier and prefix, e.g. change identifier from fc70035c7a81bc6f to dd70035c7a81bc33, similar with prefix. Remove all the bootstrap addresses. Probably should change the p2p and worker ports also. Change persist=true to persist=false. done |
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For example I purchased my first Antminer S1 through Sushi's group buy in early February for 1.45 BTCI set it up and overclocked it to 200 GH/s and started mining on February 12th. Using http://retrocalc.net/ I see I've roughly made 0.8 off that 1 Antminer S1(2.24 Total BTC mined). I don't think making nearly $500 off of one miner(out of several I bought) is just barely making ROI, do you? Another factor is I luckily have free electricity, so helps a great deal. Now I've sold most of my Ants, but I've held onto Antminer #1, as that little guy is proof that you can ROI in this difficult environment. He'll always have a place in my BTC heart....  I don't know if those numbers are correct, it's saying 200ghash would make .05 bitcoins a day in mid-february. doesn't seem correct to me. but sure doesn't hold a candle to buying a radeon 5830 for $100 from newegg in 2011 and paying it off in like 2 1/2 days |
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You can roi. I have and i'm no wizard.
I don't understand the miner price today though as they were cheaper, or the same price 2-3 weeks ago, and it is a later point in time.
Companies just ripping people off from recent price increase right now.
Now anyone who is trying to mine alts with gpus these days, myself included, needs some wizard assistance cause were all fucked lol.
You must be talking fiat ROI. Fiat ROI just depends on timing - you buy the miner when BTC value is low, mine and hope BTC goes up to cover your cost. BTC ROI is pretty much impossible with any ASIC. I think the naysayers are talking about BTC ROI. I have made over fiat return on antminers, and I am a week away from btc roi (technically the asics have made there btc roi price up, but I added in the cost of power and psus to be fair) in around 3 months. -This assumes straight mining numbers (- power and psus), and if I held every btc mined, and sold them all this second. A hell of allot of people used btc asics way before I ever did, and I do not see how they could not have gotten roi. May I ask which machines you purchased. The only ASICs known to easily do BTC ROI have been the Avalon Batch 1 & 2 units and the initial KNC deliveries. All the other miners are struggling to make BTC ROI including Bitmain S1 buyers as far as I can tell from forum posts. Did you buy your eq secondhand/used? Not true, every January through early March Antminer S1 owner has ROI'ed: http://retrocalc.net/No clue what an Antminer is, since checking information on ASICs hasn't been worth the time since Avalon batch 2, but even if it does show some greater # of bitcoins, when were these Antminers paid for? Not before mid-November hopefully? lol. |
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wtf do people continue to believe those %'s?
you seriously think they're tagging all their blocks?
not all of it is on a public pool
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If I am pool mining, punching out shares and my humble miner miraculously performs a miracle and solves an entire block; do I get credited the block reward or does it go to the pool for distribution?
you can't solve a partial block yes, it goes to the pool for distribution |
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Mining with this card was never profitable when taking into account the bitcoin price at the time of mining.
In 2010/2011 you could mine lots of bitcoins with this card but the coins were essentially worthless at the time.
The rise of bitcoin price made it (hugely) profitable after the fact, but so would buying 1000USD worth of coins at that time (at 0.05 $/BTC)
Same situation today. The card will cost many times more in electricity than it will get in bitcoins.
If the bitcoin price rises to 1,000,000 USD even this would be profitable.
That being said, using GPU today to mine bitcoins is completely a big no-no. Asic's are the only way now because with todays bitcoin prices you can marginally get your investment back.
For investment purposes this is not the way to go. It is much simpeler just buying the coins and holding them (in well protected wallet, read up on this FIRST).
2010, maybe. not 2011. I payed off half a dozen 5830's in about 10 days What do you suggest for this point in time? 6/9/2014? I'd suggest buying bitcoins if you think their price is going to go up. ASICs are all incredibly overpriced, as is the 'rented' ghash at cex.io (they'd use it themselves if they made more money that way). GPUs are pointless for bitcoins. If you're a gamer and have a good card and live with your parents, they probably wouldn't notice an extra $10 or something on their electricity bill if you mined some scrypt coin at night or somesuch. You should be able to make a little bit off of that. |
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I've never used one of those online wallets, but they don't provide you the private key, do they? So essentially they're providing a service to you (the wallet) while retaining complete control over it.
Unless the security of the site itself was compromised, then there wouldn't be any issues..
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If you have to ask about it on this forum, then you should probably consider doing something else with that $3M.
...or I could give you all sorts of hot tips for a 10% down payment.
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Mining with this card was never profitable when taking into account the bitcoin price at the time of mining.
In 2010/2011 you could mine lots of bitcoins with this card but the coins were essentially worthless at the time.
The rise of bitcoin price made it (hugely) profitable after the fact, but so would buying 1000USD worth of coins at that time (at 0.05 $/BTC)
Same situation today. The card will cost many times more in electricity than it will get in bitcoins.
If the bitcoin price rises to 1,000,000 USD even this would be profitable.
That being said, using GPU today to mine bitcoins is completely a big no-no. Asic's are the only way now because with todays bitcoin prices you can marginally get your investment back.
For investment purposes this is not the way to go. It is much simpeler just buying the coins and holding them (in well protected wallet, read up on this FIRST).
2010, maybe. not 2011. I payed off half a dozen 5830's in about 10 days |
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