[...] There is something called opportunity cost. It's the price of hanging onto money or spending money a certain way when you could invest it in other avenues. Say holding onto your coins for the next three months, what could you do with that money in the interim? On top of it, plenty of people also have bills to pay which accrue, including loans and electricity cost. [...]
Opportunity cost is certainly something to always keep in mind. But the same should be said of holding/dumping GPUs (in addition to ALTs). The investment any miner is making on GPUs, could instead be made directly into any number of ALTs, BTC, whatever, off the markets instead of mining. In a sense, most miners are speculators, in that they are weighing the hardware investment/aging cost against unknown future returns. Not always the case though, as lots of people simply mine for fun (casually neglecting minor earnings or losses). To me, mining is mostly a form of supporting the altcoins that I believe to have a future (by adding to their nethash and slowly increasing my stake/position), mixed with the speculative opportunity of mining smaller coins, ones which I would avoid buying directly off the market as the price moves too much on little volume. Well, that and insta-mining ninja launches! Just haven't seen an interesting one of those in a while... |
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[...] Steem is fair, it's just a very unoptimal model for miners. [...]
You don't seem familiar with the facts of the Steem launch. Most/More information is available for anyone interested in learning more about it, so I'll avoid posting further about it here. I would only add that fair is all kinds of wrong in the highlighted sentence. Using it in the context of mining. That's really the same context as in my response bensam1231. The details are too long winded to be posting here, and I have no inclination to extend on it either. Anyhow, back to mining: Anyone has been testing the Claymore dual miner that can report on profitability for Pascal cards? A few comments I read here and there, seem to suggest a very moderate profit increase, especially if we take into account the added power usage. |
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[...] Steem is fair, it's just a very unoptimal model for miners. [...]
You don't seem familiar with the facts of the Steem launch. Most/More information is available for anyone interested in learning more about it, so I'll avoid posting further about it here. I would only add that fair is all kinds of wrong in the highlighted sentence. |
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yiimp pool lbry offline!!! .
Epsylon3 seems offline at the moment, suggesting there's some issue with his connection right now. His downtimes are usually pretty brief though... |
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Epsylon3. I remember back in the day when miners for coins where tied to pools, 1GH, beeeer, ypool ans etc. If you wanted to mine that coin or use the miner you had no choice but to use that pool. Wonder if you could come up with a way to tie your miner with yiimp only for new algos.
That was just the nature of an immature industry with no competition. As a concious marketing strategy it would likely fail. Back in the day there was 1. no pool soft freely available 2. no stratum soft freely available 3. only 2-3 people who were actually coding miners including buchner, reorder (1gh admin) etc. It was similar with ETH at the beginning.. Only a handful of pools (including suprnova  ) and as soon as some samaritian decides to open source pool soft / stratum we have suddenly 30 or more "pools" popping up all with "sysops" or "admins" who rely on the work of others ... even when fixing problems, just check the github issues of some repository and you'll know whats up  crypto community, in the meanwhile, is rather toxic. as soon as you give something away for free, be it a stratum for a certain coin or a optimized miner you get either instantly ddosed as the other party opens a pool itself or the miner/optimizations get packed as "private stratum, private kernel" and get sold for > 1 BTC. Currently the timing is just too bad imho, community has grown, lots of malicious/only profit oriented people around, this is not the "cool, techie" community it was before. Couldn't say it better. On the other hand, it is to be expected when dealing with money. There's other places where some of the cool kids still hang out though! |
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I'm not one to participate in the usual hype/moon chit-chat, but strictly in the speculation mood, I'd say a position in the top20 of crypto currency by market cap seems fairly certain at some point in the horizon. I estimate this much due to DCR's strengths, values and community, but in substantial part also due to the impropriety of some of the altcoins currently sitting in that top range.  Not that I care too much for short term price fluctuations, as I'm in it for the long haul and fully committed to exercising my right to vote in important DCR features/decisions down the road. Looking forward to each new release, and thankful for all the hard working contributors, both c0 developers, as well as the broader community that is picking up the various RFPs. Kudos to all you guys & gals! |
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I'm a CLI fan myself, but I appreciate how a number of people don't really like (or handle?) doing without a GUI, so quite happy for the progress there. Great work guys (and gals) Edit: Don't think it had been highlighted before, though it's few-days-old-news: We've firmly crossed into 1.000.000+ DCR staking/voting! That's over 30% of all DCR in hoarding mode.  |
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1NyZ4KqbPxVKHrARQNMoW6tSFzymqC9nnk Let's see that Bitcoin fungibility at work then... |
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i will no more answer to your pitty cries, there is no buttons on the pool to improve miners luck, sorry.
the wallet works very well, since beginning... never had to touch it
note: sorry to be rude, i answer in your language
Stats on pools can be manipulated. That aside, it's entirely possible for pools to be buggy and not find blocks or have something wrong with it. In this case due to the change in luck on the two pools I mentioned, with exactly the same lucky (roughly), it probably means something is up with yiimp. Just like mining software can be buggy and flake out. Just because something exists doesn't mean it's working perfectly. Some pools have funky stats reporting also. I can't make sense of Coinmine having well over 60% of the hashrate, finds about 50% of the blocks, and still it somehow manages to estimate that it had 60% luck finding recent blocks (when it actually consistently has about 100% or worse). So yeah, something must be wrong with Yiimp |
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Very bad today , with 4x gtx 1070 and 1 ghs power  : [...] All pools have good days and bad days. Some do seem to have more bad days than most, but that is definitely not the case for Yiimp! My personal experience on Yiimp, is that it performs much better than most other pools that support the same coins. Deposit stats are the worst place to look for your recent mining performance though. You should look at the pool stats instead. What if the pool had some downtime? What if you had some internet issues? What if your rig has a couple of crashed cards? Note, I'm not saying that one of these was the case for the past 24h, just that looking at exchange deposits is really the worst way to go about measuring performance... Cheers! |
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Some whale with over 10% of the current ticket pool, is asleep at the wheel or something, they are having a bunch of missed votes for the past 24 hours or so. Their loss, as well as to the PoW miners, who see their block rewards reduced with every missing vote. Wake up Mr. Whale And while you're at it, join a staking pool, then you can fall asleep at the wheel anytime you please! Now seriously, that's what the stakepools are for. Join one. Today. Right now! |
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Just want to say thanks to Myagui and Epsilon for running stakepool.eu, and especially Epsylon who answered a bunch of questions for me on #decred on freenode to help me get setup staking a couple days ago. Just got my first ticket to voted status  Happy staking jwinterm! :bows: |
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I don't understand that market....who would buy BRX at the ICO price of 0.0006667 BTC and sell 1646 BRX at 0.00000040 BTC? That is an enormous loss. For that matter who would sell for any less than the purchase price? I knew I should have waited for the market to open to make my purchase instead buying at the ICO at the last minute. I guess I'm a HODLER now....getting my stake on I guess. I never intended to sell anyway....just wish I'd have waited so that I could've gotten more bang for my dollar. Price went the opposite way of my reasoning....AGAIN! Always opposite--no matter how hard I reason the possible outcomes through.
I know what you mean. I have noticed that ico coins in general seem to be more expensive then when it hits the market, usually lose 50% and have to hold and hope for the best. You would think that early adopters would get a bargain for buying in early but... How early? Adopting BRK/BRX 2 years ago seems to have worked out quite well for some... I'd expect the market will eventually reflect this. |
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Happy to finally see one of the stake pools reaching 5% of the total network tickets!!! @dcrstats (don't recall who was hosting it) : Will be locking up the pool for new users for a while? Other pools want more users too |
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Question: "so why you feel the need to respond is beyond me?" Answer: maybe because you keep posting in his thread? Damn, you beat me to it Epsylon3: Great release, as always! Big thanks from far, far away |
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If you can get higher clocks at the same voltage, it's practically free performance.
No: even at the same voltage, higher clock speed will use more power: " There are several factors contributing to the CPU power consumption; they include dynamic power consumption, short-circuit power consumption, and power loss due to transistor leakage currents. The dynamic power consumption originates from the activity of logic gates inside a CPU. When the logic gates toggle, energy is flowing as the capacitors inside them are charged and discharged. The dynamic power consumed by a CPU is approximately proportional to the CPU frequency, and to the square of the CPU voltage. " so it's linear but in practice it's more than that because of leakage currents and increased fan speed. My best results are almost always a combination of overclocking + undervolting. It's just a bit of a pain to find what are the fastest stable settings for each algorithm (and even between releases, as the performance/stress for a given algorithm changes). |
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How much BRX do you need to get your wallet/address to stake 10 BRK every 10 minutes?
Is this based on the BRK balance of the wallet, how much BRX you need? However much you need now, will change later. Right now there's not enough people staking yet, input sizes are not optimal, and there's a large portion of BRX not yet distributed (what's on ICO offer at the moment). Also, why is the guy from the screenshot getting 10 BRK every 10 minutes, is this because he is one of the few who is staking BRK/BRX at the moment and he is the one finding every block? Or is it because he has quite big wallet sizes?
A combination of factors. Not enough people staking yet, difficulty not adjusted sufficiently yet, most people don't have their inputs optimized yet, and he has a large enough stack, properly split for better staking performance. It'll be at least a couple of months before we have a stable difficulty for staking. Even if the range was settled right now, it will change significantly again as soon as the BRX ICO completes and those coins mature and join the staking arena. |
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[WTB] BRX at 4500 BRX / BTC. PM if interested.
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Posting addresses for giveaways will get the thread locked. Forum rules ya da ya da ya da. You've been warned |
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If 1,472.78 BTC is not collected from the second sale what`s next? There will be a third coin sale and when will it take place?
If all 6,627,494 BRK are not sold at this price raising approximately 1,472.79 BTC, the unsold Breakout Coin will be provably destroyed by Bittrex. If more than 1,472.79 BTC are collected, then the 6,627,494 BRK will be split proportional to the funds received. Any Breakout Stake (BRX) not rewarded will be held by Bittrex in escrow to be offered by Breakout in a later sale. You can find all the details at https://bittrex.com/crowdfund/brk |
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