I feel sorry for that phone once the sun comes out and beams right on it. |
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Is it normal to get an expired cert from your site when visiting it? Chrome isn't a happy camper when I visit  Also.. 'im getting a 3.8% stale rate.. Is that typical or a bit higher than normal? My stale rate is a bit lower at another lower difficulty pool. I'm assuming you don't pay for stales... Thanks. |
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If so, then how is it possible that different pools use different difficulty settings? How can they "set" the difficulty if it is determined by a formula of miners to hashing power...?
The difficulty you are referring to is PER SHARE difficulty. This exists in BTC as well, its just not highly utilized yet. The difficulty 1 share has X hashes required to solve.. a difficulty 2 share takes 2x hashes (you do shares at half the rate but each one is worth double). This reduces bandwidth and server load. |
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I'm moving everything out of paper assets.
All savings over time is going into investments that will keep their value.
Nobody knows what will keep value though. Gold in and of itself is as worthless as any other metal. It is just people have historically been willing to pay more for it on a weight basis. If sh-t hits the fan in the future, who knows what will be the standard item of value.. maybe gold.. maybe some other commodity. However, if you think about how the vast majority of people dont own much physical gold, I see that as being a hinderance to its dominance. |
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DING we have a winner! 590 k/hash :-D
Now I'm going to try to get the 7870 up to par.
np. good luck. LhY6GBzeLCjhmNP4F9UWMNmWkyhGVrpQwv Payment sent. No luck yet for the 7870..  anything equivelent or close to what worked on the 7950 seems to fall on its face. |
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3 months ago I was making 0.6 BTC a day at $3 a day since the exchange rate was $5 per BTC back then.
Now I am making 0.3 at ~$3.60. Doesn't seem like profitability is going down at all.
as long as the exchange rate increases with difficulty it is still feasible. however the question changes to: is it better to outright BUY BTC or to buy a card? If you are a gamer and will be using the card for gaming afterwards.. that changes things, as the card has value other than mining. |
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OP... please stop being stupid...
spend HOURS reading various forum posts by the veterens here to get an idea of whats up
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Just got done thru a 14 hour block to find the coin.
I crunched probably 8 or those mostlikely more.
I shut down the crunchers for a few hours because I needed the comp's power for other tasks.
Typically I get from oh say 6 to 10 cents worth of BC per completed unit.,
I got exactly 0.0000000000 BC share for all that work.
so I give you that many hours of crunching and get shit on?
so all the work I did in the 'middle' doesn't count for squat for the overall payout? That's not what the site claims.
WTF.
Aaron
switch to a PPS pool like 50btc or ozcoin or btcguild you'll get paid the exact same for EVERY single share you submit no matter what or when. |
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Well, looks like 3m+ is coming the next adjustment.... grr
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The last difficulty peak was around August 2011, below 2,000,000.
The difficulty is now 2,036,671, clearly exceeding that peak.
Thoughts ?
How I picture the rise of difficulty and how some miners must feel! http://imgur.com/rJMhwI WISH it was ONLY 2m right now instead of this 2.8 and rising insanity. |
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Is this normal im on 1MH/s (1000Kh/s) on LTC Coinotron and i have only got 6 LTC after a few hours i was hopping for more i did the calculation based on PPS (pay per share),
Payout per Share = 47.5 LTC / (65536 × 8.8408)
0.006 LTC per Share
Is this correct ??
Cheers
The system assigns the shares after they win the blocks. Look at what the current round time is at the top right of the page, essentially that'll show the amount of time you've been mining that shares haven't been assigned to your account at all yet. After the block is won it goes to "unconfirmed" (on a pps basis, so more come in the longer the round).. after 120 rounds (like 5-6 hours) the winnings for a given round move to confirmed and get paid out after exceeding your threshhold (its not automatic, payouts occur every hour or so it seems). |
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Why do people not like fees? Maybe because they dont feel the services provided are worth a 3-10% tax on earnings.
When you actually calculate it out.. it is a SUBSTANTIAL income for the pool operator.
Say we have a 5% pool that does 2500ghash/s.
5% * 2500 = 125 g/hash worth of fees.
on my rig I am getting 1.7 ghash for about .6 BTC/day
125 / 1.7 * .6 btc = 44.17 BTC/day * 365 = 16122 btc/year.
at current exchange rates.. thats $170k USD/year, not chump change.
Of course, if a pool operator can explain how much it costs, how much time it requires etc than that might help miners understand why they are charged so much.
Of course the pools could be operated as a business and its just the owner making a nice living off of the services he provides...
Your calculations imply a degree of constancy which simply isn't there. 1. If you want to estimate yearly earnings, you have to assume that a pool will maintain a particular % of the network hashrate. 2. The USD/BTC exchange rate is not stable. Six months it was USD $2 per btc. 3. Extrapolating the yearly earnings of a pool from your own mining results is not a valid method. You should convert the hashrate to shares per day, convert that to expected blocks/day. Aside from that, you miss the point - of course the pool owner needs to have a "nice earning" from the services he provides - how else is he or she expected to take maintaining the service seriously? Maintaining a pool is a 7 day 24 hour job, and many of the larger pools employ people from different timezones to be on hand for miner queries and pool emergencies. You make very good points. I was attempting to explain what it seemed like from someone who doesnt understand what goes on for the pool side of things while at the same time curious as to how much effort is required to run a big pool. Thanks. |
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Also it is just environmentally reasonable to have the hashrate utilize less electrical power. It is a bit silly to be spending hundreds and hundreds of watts for a ghash when you can get it for just a couple of watts with an asic.
That said.. as a GPU miner the pending arrival of ASICs is not something I am financially happy about.
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I'll post it later For 550kh/s+ on my 7950 I use this config: host ???
port ???
user xxx
pass xxx
protocol litecoin
worksize 256
vectors 1
aggression 20
threads_per_gpu 1
sharethreads 32
lookup_gap 2
gpu_thread_concurrency 24576
This person managed 700kh/s on water: http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img38.imageshack.us/img38/2250/reaperg.jpgedit: After playing with this for a while and plotting thread_concurries and kh/s quantities, I can say the following: - For any given card there is a thread_concurrency value range which is optimum with lookup_gap == 2. For the 7770, this span is 6080-11456. Below this range the number of stales increases, with it becoming mostly stale in the 4000-ish range. Above this range, the speed in kh/s drops dramatically. Within this range, speed in kh/s seems to plateau and is nearly constant. - Using the lowest thread_concurrency values seems to use the least power (I guess because less memory is being used). - You can run 1550MHz+ RAM on these cards using MSI Afterburner with this file in the Afterburner folder and overlocking mode set to 2 in the Afterburner configuration. DING we have a winner! 590 k/hash :-D Now I'm going to try to get the 7870 up to par. |
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Why do people not like fees? Maybe because they dont feel the services provided are worth a 3-10% tax on earnings.
When you actually calculate it out.. it is a SUBSTANTIAL income for the pool operator.
Say we have a 5% pool that does 2500ghash/s.
5% * 2500 = 125 g/hash worth of fees.
on my rig I am getting 1.7 ghash for about .6 BTC/day
125 / 1.7 * .6 btc = 44.17 BTC/day * 365 = 16122 btc/year.
at current exchange rates.. thats $170k USD/year, not chump change.
Of course, if a pool operator can explain how much it costs, how much time it requires etc than that might help miners understand why they are charged so much.
Of course the pools could be operated as a business and its just the owner making a nice living off of the services he provides...
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Right now if I want even the cheapest dedicated miner I need about $500 for a CPU, RAM, GPU, PSU etc.
I then need to be able to deal with the heat produced by another computer, storing another computer and to have the technical skill and knowledge to set up an OS, keep the thing overclocked right, etc.
Once BFL arrives on the scene, I spend $300 and I need 2 USB ports. No outlets, no overclocking, very little heat. I can leave my miners running at 9W, using very little energy and hashing away for me without preventing me working on my computer.
Which do you think is better for the casual, decentralized,miner?
Your argument is like suggesting that the personal computer was bad for decentralized computer. We're replacing lumbering pieces of hardware forced into a niche with incredibly affordable dedicated hardware designed for the purpose it's serving.
that is a very good point. Heck, if the jalapeno truly only uses a teeny tiny amount of power it would be easy for a huge number of people to own one or two and contribute. However unless the price of a BTC keeps going up, the profitability of doing so will eventually decline enough to dissuade the "masses". |
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I've been able to get 315 out of each of my 7870s (total of 630-640 in reaper).
On the 7950 (there is a 7870 in the same system as well, not sure if that matters) I have yet to get above 340, and that is in cgminer. Reaper it wont go above 310.
I'll try to keep playing with it hoping for a burst of better luck. but i'm running the ram at about 1350 on all the cards, so I doubt I have much more headroom there.
What is your LTC address? I'll send some coins your way for the help.
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FYI
I've changed share difficulty from 8 to 2 in pool LTC.
Why the change? just curious. 8 seemed to be a pretty decent level for rate of share completion. |
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aggression is 12 or 13?
I've tried both 12 and 13, but mainly have been running at 12. |
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You should be able to get more kh/s mining ltc than you get mh/s mining btc. As I said, a 6870 should pull 350kh/s+ easy. I get 550 kh/s on a 7950. You do have to wait a little while for reaper to reach the correct reported hash rate too, it took me about 6 minutes before it stated 550 kh/s.
What driver and SDK version are you using? I'm using the latest on win 7.. and no matter what settings I try I can't seem to get above 300 on either of my cards on cgminer or reaper. Bounty of 25 LTC to whoever can get me some proper hashrates on a 7870 or 7950 |
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