Congratulations on finally cracking that block comrades! It’s been a LONG wait!  . Wish you to get a couple more before the end of the month. Usually after not finding blocks for a long time, they start to come in packs here, so there is a good chance for getting some more in the near future.  By the way I believe I have like 70 of the Bitmain $66 coupons as well if anyone is in a need. PM me. Mine on!  |
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I’m mining with an Innosilicon T2T+24 right now, as far as I know they haven’t missed any product launches. The only thing I can think of that were announced but were never sold are their ETH miners. I’ve never heard of them scamming anyone by taking preorders and not delivering.
Sorry that sounds like their T2 turbo not the "+" model. The "+" had a spec of 32TH/S . These should have been sold and delivered in October some time. If you do have one you would be the first person that I know of, would you be willing to do a few images - Miner, Statues page. You could create a topic for that particular model, and I can update the "current hardware list". Thanks for the info. Mine on Yes, would definitely be nice to see! Thanks! |
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Ebang and Asicminer.co are both full of shit.
So, what you’re saying is all 3 of these is just a scam?   |
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Yeah, 10-12 cents sounds about right for the U.S and of course isn’t acceptable to mine with at the moment. The 7 cents that they offered you for the winter isn’t bad at all! Although even at that price you will probably have to struggle with your bill.  I was thinking of buying some of the insilicone 47th/2100w miners, which seem to be about the only ones that can still make a profit but I’ve never purchased from them before and not sure that they even have them in stock. Have you or anyone in this pool ever bought anything from these guys? Yes, even at 7 cents, I am losing money - but I am using it for heat so that helps offset it in my mind a little. I have not bought from insillicon but it appears that this is pre-order. It also seems that they are from China, so if you are in the US, be prepared to pay 27% above the $2,279 price. By the time March arrives, the BTC price may continue to decline or difficulty may go crazy again, so it may take years to get your purchase price covered beyond the power. Also, there is a slim chance that they may never deliver a quality product (or any), so be prepared to throw your BTC away. Most of the people on this forum usually wait until someone has actually received a unit and tested it out. Of course someone needs to be that person, so if it is you, please share your findings! Yeah, heating the house is good, I heat up mine a little when needed. Unfortunately it isn’t needed much where I’m located so it would be nice to make some miners heat up the water, since that costs a lot too. I’ve heard that Russians heat have transformed some of their farms to do just that in Moscow, I think. And yes, I’ve heard about the 27% and I know that it would take forever to get the ROÍ anyhow but at least the miners aren’t as expensive anymore. For example I payed for all my S9’s like $2300 each!!! And now they are like $400 with the power supply!!! That was a horrible deal! But that’s how it goes, you win some and you loose some.  I’m not sure about that T3 model, I think there were a couple more miners that put out lots of TH and use little electricity. My brother sent me a link like a month ago with the list of them but I can’t find it anymore. Found it!!! One is Ebang Ebit E11++ which supposedly puts out 44th at only 1980w And the Asicminer 8 Nano which puts out 44th at 2100w just like the T3 If anyone had any kind of business with one of these companies, please let us know. Thanks! |
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As far as Inno is concerned they've missed the last 2 product launches if I'm not mistaken. This is going back to October when the t2t+ should have been shipped.
I'll dig a little more in my emails but I did have a back and forth going for a bit until they stopped responding, about the same time they sent a mass email that showed all recipients and the price drop.
Wow! That’s good to know! Thanks! I thought that they looked identical to the Antminers, just with an Insilicone sticker on the side!  |
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Yeah, 10-12 cents sounds about right for the U.S and of course isn’t acceptable to mine with at the moment. The 7 cents that they offered you for the winter isn’t bad at all! Although even at that price you will probably have to struggle with your bill. I was thinking of buying some of the insilicone 47th/2100w miners, which seem to be about the only ones that can still make a profit but I’ve never purchased from them before and not sure that they even have them in stock. Have you or anyone in this pool ever bought anything from these guys? Yes, even at 7 cents, I am losing money - but I am using it for heat so that helps offset it in my mind a little. I have not bought from insillicon but it appears that this is pre-order. It also seems that they are from China, so if you are in the US, be prepared to pay 27% above the $2,279 price. By the time March arrives, the BTC price may continue to decline or difficulty may go crazy again, so it may take years to get your purchase price covered beyond the power. Also, there is a slim chance that they may never deliver a quality product (or any), so be prepared to throw your BTC away. Most of the people on this forum usually wait until someone has actually received a unit and tested it out. Of course someone needs to be that person, so if it is you, please share your findings! Yeah, heating the house is good, I heat up mine a little when needed. Unfortunately it isn’t needed much where I’m located so it would be nice to make some miners heat up the water, since that costs a lot too. I’ve heard that Russians heat have transformed some of their farms to do just that in Moscow, I think. And yes, I’ve heard about the 27% and I know that it would take forever to get the ROÍ anyhow but at least the miners aren’t as expensive anymore. For example I payed for all my S9’s like $2300 each!!! And now they are like $400 with the power supply!!! That was a horrible deal! But that’s how it goes, you win some and you loose some. I’m not sure about that T3 model, I think there were a couple more miners that put out lots of TH and use little electricity. My brother sent me a link like a month ago with the list of them but I can’t find it anymore. |
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I guess since the hash rate drop from the large guy leaving, and others who want less variance, some others have left also. I guess people prefer higher fees, fake information, and less reliable service. None of which I've done here  The "100 Luck%" shows luck drifting around, between 93% and 107%, (on 100 blocks) so that's actually all quite as expected. Alas, pool size decides how long the good and bad luck lasts, and even at 200PH, some miners still don't get it I doubled my miners in October and again in November. Granted I am still tiny compared to most with only 8 S9's now, but I must admit that with the lower blocks and BTC prices since I upgraded, it has been painful to see my electric bill climb without out the return to help cover those increased costs. That said, I continue to hang here with Kano since the pool is expertly managed by a seasoned pro, everyone shares their knowledge and insights, and I left in the first place because I wanted the opportunity to see the high monthly rewards that often appear with a smaller pool. I am confident that we will see several more amazing months arrive soon (and I predict we will see 3 blocks before the end of the year). Once the luck turns, those who continue to Mine On with Kano will surely be pleased with HUGE payouts per block due to our our lower pool hash rate. Plus when the pool hoppers come back, we will reap the short term benefits of being fully ramped up (of course the newcomers will get their reward for the effort they put in as well). Obviously these are tricky times (as they have been in the past as I understand). So everyone needs to determine their level of risk and do what makes sense. Merry Christmas, Happy New Year and Mine On with Kano! You will definitely have a green streak sooner or later! Because it should even out to 100% in the end, how long will it take for that to happen, no one knows. If I only had 8 S9’s I would probably too still be in this pool, just paying the electric bill from my pocket for now, knowing that I will get a return later. How much you pay per kilowatt? If not a secret? Normally it is .1204 in the summer in .1054 in the winter. I just finished working with power company and they agreed to "control" my miners and cut the price to .0936 in summer and .0696 in winter. My geothermal has been on that program for years, and I expect that they will probably cut my miner's power for about 8 hours or less each month of Dec / Jan / Feb and similar in July / August / Sept. Yeah, 10-12 cents sounds about right for the U.S and of course isn’t acceptable to mine with at the moment. The 7 cents that they offered you for the winter isn’t bad at all! Although even at that price you will probably have to struggle with your bill. I was thinking of buying some of the insilicone 47th/2100w miners, which seem to be about the only ones that can still make a profit but I’ve never purchased from them before and not sure that they even have them in stock. Have you or anyone in this pool ever bought anything from these guys? |
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I guess since the hash rate drop from the large guy leaving, and others who want less variance, some others have left also. I guess people prefer higher fees, fake information, and less reliable service. None of which I've done here The "100 Luck%" shows luck drifting around, between 93% and 107%, (on 100 blocks) so that's actually all quite as expected. Alas, pool size decides how long the good and bad luck lasts, and even at 200PH, some miners still don't get it I doubled my miners in October and again in November. Granted I am still tiny compared to most with only 8 S9's now, but I must admit that with the lower blocks and BTC prices since I upgraded, it has been painful to see my electric bill climb without out the return to help cover those increased costs. That said, I continue to hang here with Kano since the pool is expertly managed by a seasoned pro, everyone shares their knowledge and insights, and I left in the first place because I wanted the opportunity to see the high monthly rewards that often appear with a smaller pool. I am confident that we will see several more amazing months arrive soon (and I predict we will see 3 blocks before the end of the year). Once the luck turns, those who continue to Mine On with Kano will surely be pleased with HUGE payouts per block due to our our lower pool hash rate. Plus when the pool hoppers come back, we will reap the short term benefits of being fully ramped up (of course the newcomers will get their reward for the effort they put in as well). Obviously these are tricky times (as they have been in the past as I understand). So everyone needs to determine their level of risk and do what makes sense. Merry Christmas, Happy New Year and Mine On with Kano! You will definitely have a green streak sooner or later! Because it should even out to 100% in the end, how long will it take for that to happen, no one knows. If I only had 8 S9’s I would probably too still be in this pool, just paying the electric bill from my pocket for now, knowing that I will get a return later. How much you pay per kilowatt? If not a secret? |
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If i don’t pay my bill by the end of this month, i won’t have electricity the next, If i don’t have electricity, I won’t have miners powered up to have them running for the next month when the luck “could be excellent”. It seems to me that you are unable to account for variance. So when it was high, you were supposed to save that extra income (above 100%) for the time when its low (below 100%), and because of that you need somebody else to do it for you (the PPS pool). Of course you are losing more in fees to that pool, and enter the risks associated with PPS pools... Or, you did the mistake of spending the above 100% bonus immediately, a bonus you would have never received on PPS pools... That said, over a given period of time (the longer the better) two identical asics mining in separate pools, one PPS and one PPLNS, the PPLNS one will earn (a little bit) more, even if you keep "grasshopper hoping" with the PPS asic or try to "game the luck". If your mining operation is failing because the costs in America are now too high, you have other decisions to make rather than blame the pool or the luck: Either move to another country or shutdown (or buy a town powerplant, like Bitmain did), etc. It seems to me that you haven’t realized that I’m not in this pool and just haven’t read everything that we talked about careful enough. I wasn’t here in September and was just saying that it would be impossible for me to point all of my miners here now, simply because I don’t have that much money to pay the electric company without getting paid myself. Because of the ramp up time, even if the pool would be at 100% luck next month. Thank you the awesome lesson! I’m packing my bags to Venezuela!  |
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That's the PPLNS advantage, slow to ramp up, slow to ramp down...
yep! I am getting at least something! I think I have been offline for a month now I have technical problems about AntMiner Offline since fall. The S5 you have is outdated already, just give it a rest. There is no point to use your time fixing it. Take it to the local Antique shop to see how much they will give you for it, for that price you might be able to buy the newest model Insilicon 47Th |
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If you only normally make a 10% profit for 100% luck, then September profit was over 400% of your usual profit. i.e. if you normally make 10% of 100% then your costs are of course 90%, so Sept was 134% - 90% = 44% and since you normally make 10% that's 4.4 times your normal profit so 440% of your normal profit in September. Simple math - though usually it requires a little accounting understanding. Total/Gross income doesn't mean much, it's Net that matters Anyway, as rifleman pointed out and can be seen I specifically stated If luck evens out 100%, then you OBVIOUSLY need to take the good with the bad ...
Anyway, with the price dropping to about half, unless you were doing better than 50% as profit, that would mean you're losing money no matter what - so the pool luck isn't much of an excuse anyway. Actually the profit in this pool in September wasn’t the question I’ve asked. I asked how did you calculate that the profit was double than any other pool? If for example the luck in September was 100% in another pool and here it was 134% how would it make it more than double of profit? Is it because of the 0.9% fee compared to let’s say 2%? And yes, if I wasn’t making 50% clean profit back then I would probably loose some money after electric bill nowadays, but It would still cover most of my electricity bill by the end of the month, when here if we get only half of the expected blocks by the end of the month, that would leave me with thousands of dollars to pay from my pocket, which I don’t have. I think I explained MY situation pretty clear and I really don’t care how others pay to run their miners, I’m just sharing my case. Besides. I don’t know how long is the ramp up time these days but I definitely wouldn’t have the 10-20k to pay the electric company up front the first month. And Kano, I would love to hear your comment on why so many miners have left last month. You think it was because of the drop of BTC price or did it have something to do with the pools luck? The mining has become an industrial level business and it is very hard to stay afloat if you don’t have a couple hundred grand stashed away to gamble with. But I don’t have more money to gamble with other than what I’ve made almost all in the Casino Kano. Don’t get me wrong guys, I don’t have nothing against Kano pool, simply because it has made me more than 20 BTC in like a year with just 3 s7’s at the beginning and then I added only like 7-S9’s. These days of course I have a quite a few more and can only wish I had them all a year ago! I miss those days when we were getting like 12 blocks per day with just like 20PH! Merry Christmas to all and a Happy New Years..... |
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Well if you don't understand variance that may be the case ... E.g. a miner who makes 30% profit from mining, more than doubled their profit here vs any other pool in Sep. If they make 20% profit, then Sep was better than a 250% profit month ... ... so I guess they spent all that on drugs, fast women and fast cars If luck evens out 100%, then you OBVIOUSLY need to take the good with the bad ... But that requires some intelligence ... Yeah, if the miners saved all the profit from September then they might have had a chance to pay some of their electricity for the following 3 months here, but from the looks of the recent hashrate drop, most of them OBVIOUSLY didn’t and spent it all on Fast Women! And I don’t understand why are you saying that in September every miner here doubled their profit compared to other pools?  . Is it because of the 130% luck or the 0.9% fee? I am not talking about September but rather about the current situation in which a 30% Profit is probably possible only in some place in Venezuela or China. But here in North America at this moment you’ll be lucky to just pay your electric bill. If the luck is 60% this month and even if I know that the luck will be 150% the next, that still isn’t going to do any good for me. If i don’t pay my bill by the end of this month, i won’t have electricity the next, If i don’t have electricity, I won’t have miners powered up to have them running for the next month when the luck “could be excellent”. Then all I get are the payments from the blocks on the ramp down with the miners being off until I could get enough money to pay the bill and start the miners again? Would be same as hopping, the only difference is that I would be hopping in the same pool from days when I could afford to have the miners on to the days when the are off. I prefer to keep mine on 24/7, at least until things don’t start to look more stable here. Shouldn’t be hard to understand. And you probably meant to say “take the bad with the good”. And not the other way around. |
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You can’t say that it is an advantage, simply because you never know when you crack a block, so it could be just when you were just starting to ramp up or when you almost ramped down after you left (if you decided to do so in a shorter term). And you may not hit any blocks while your ramp up is at its highest these days if you don’t stay for a long time. The whole point of this system is to deter people from doing just that (pool hopping). Once you are fully ramped up you could do things like take down a machine for cleaning and put it back up next day and hardly notice a dent in profit loss. Also the frequency of the payments doesn't mean its paying less. If something, its paying little bit more (less tx). You could get payments every day or every month, Does it matter if the sum of everyday payments in a month is equal to a monthly pay? It didn’t really matter before (since it did usually sum up to 100% luck at the end of the month) and it might not even matter now for people that have just a few miners (for taking off the shelf for cleaning ) and put out a couple TH or even a hundred, since they can probably cover the missing amount for the electricity out of their pocket and wait for the next month or more. Until the luck evens out to 100%. BUT for people that push PH’s and get a 10k electricity bill at the end of the month and realize that they have to pay 5k out of their pocket (which they probably don’t have just laying around) because the luck was 50% this month, it really does matter! And that will get you HOPPING LIKE A GRASSHOPPER, not knowing what to do! |
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That's the PPLNS advantage, slow to ramp up, slow to ramp down...
yep! I am getting at least something! I think I have been offline for a month now You can’t say that it is an advantage, simply because you never know when you crack a block, so it could be just when you were just starting to ramp up or when you almost ramped down after you left (if you decided to do so in a shorter term). And you may not hit any blocks while your ramp up is at its highest these days if you don’t stay for a long time. By the way, you guys should start cracking the blockies pretty good sooN! The difficulty has dropped by another 10% or so so now we are like we were at the beginning of June or something like that! My current daily rewards have more than doubled since after the difficulty drops! So get ready for a green streak soon! |
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( unless you have the Russians build a nuclear power plant for you) . Do they come standard with a containment vessel or do the Russians still charge extra for that? It all depends on the size of the power plant you need them to build for you. |
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I hope everyone has a Happy Holiday season, whatever your preference. Happy New Years when it gets here. I am not mining at the moment due to the low values of crypto. If/when it becomes profitable again I will be back. I am also on a fixed income that does not leave me room to mine if that mining does not cover the costs of electricity plus a little profit. Taxes should be interesting this year, . cheers Thanks! And Happy Holidays to you too as well as to all of our crypto mining comrades!!! Indeed, the prices aren’t very favorable for mining at this moment ( unless you have the Russians build a nuclear power plant for you) . So lets all ask Santa to bring us nice raise in the Crypto prices and a lower difficulty for next year! So that we all can mine with a good profit again! Happy Holidays to all guys!!! |
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Congratulations guys! You finally cracked that block! |
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The BTC price is just WOW!!!! Wtf is going on?.... I think I will have to pull the plug |
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Put in the data which would be 1350 watts, 24 hours of use per day and the price you pay per kilowatt and press calculate. Take the number that will show that you will have to pay per day for the electricity and minus out what you miner will make, which is about $2.3 daily. And that’s how you will see how much your miner will make you on a daily basis, then times that 30 and you’ll get your monthly income. Or the price that you will have to pay out of your pocket for your 1 S9i brining you the BTC. well, to be honest with $0.1 tariff S9 works negative profit and you need to pay for it from your pocket. Only new miners with 7nm chips will work with profit on your tariff. if you believe in bitcoin, do not mine, just buy bitcoins and wait. Your honesty is highly appreciated my friend but I think it is pretty clear to anyone that can use either one of the calculators mentioned above that they will have to pay about $0.05 out of their pocket per every kilowatt that they use, if they have a tariff of a $0.10. |
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Yes, I forgot that Kano has one. . You can just use that one, all on one page. |
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