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trying to download blockchain using DSL modem. Speedtest.net says 2.77 Mbps download speed.
is this why i'm not getting any connections or something else?
windows 7, 3.5GB RAM, UPnP enabled
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are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?
I like what you have been doing so far (in fact, you have been a reason for my BJ order). But assuming a steady network HR...  Who are you and what did you do to cypherdoc? Anyway, a 100 BJ are mining solo should indeed get more BTC than 100 BJ mining for a pool. However, most people have just 1 BJ and after taking a gamble on BTC in general and HF specifically don't also want to gamble on the roulette table know as block finding. People like me who rather have 12.25 BTC than 50% chance of 25 BTC. clearly i specifically stated "steady" network HR to make it unquestionable that the expected yield from pooled vs solo mining would be the same given an equal orphan rate and no fees from pools. in a rising HR environment, which is what we have now, it's not as clear. still, given this environment, my personal experience soloing has worked better for me than pooling. You're right, I totally read your post wrong.  But to answer your original question: Yes even with a steady network HR, the reduced variance of pooled mining can yield more BTC than solo mining for a long while. I have too little knowledge about probabilities, but I wouldn't be surprised if there's a greater than 10% chance pooled mining will yield more than solo mining over a year with a single BJ. In your case you ordered 8 BJ's (right?) so you are closer to having a private 'pool' than most of us. I can't explain your current ownage of pools though. My best bet would be luck, but I don't know how much latency and downtime will affect the results. And in the end using a pool also gives ease of mind and stability. Both which can be valued higher than more profit. After all T-Bonds still get bought, even though they have a negative inflation adjusted return. actually, in the ideal situation, with no fees, downtime, and equal orphan rates, the yield should be exactly equal. your % hashing power of the network is the same whether you mine solo or in a pool. variance plays no factor except psychologically. in actuality, however, fees degrade the pool performance at its minimum. but then if you factor in the other inefficiencies of latency, downtime, or whatever, the scale tips in favor of solo mining, imho. actually, i have 10 BJ's on order. |
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Take cypherdoc for example, he is a known shill for hashfast. But so what? Yes, the difference is that he has incentive to put the company in a good light. But does that mean there is no useful information there? We do live in the 21st Century, learn how to separate the signal from the noise. Again, think for yourself.
as i said in my endorsement thread, i am no longer getting paid by HashFast. so that's good. the only thing i have against Bitcoinorama is that he tried to say that i had a malice of intent b/c of my cc cancellations with KNC and BF when i had only held those measly orders for a measly 2 wks. i still can provide those receipts if i have to to prove this. and now, we're seeing tons of ppl doing the same thing and considering it normal practice and self protection as they move their orders to cheaper vendors to save money. i believe he was using me to attack HF. but as i said before, i think he has provided useful info that i myself used to initially place my orders with KNC in good faith. |
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how will it work with 6970's?
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this problem has gotten so bad with OSX that i've gone back to the Windows version.
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are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?
I like what you have been doing so far (in fact, you have been a reason for my BJ order). But assuming a steady network HR... Who are you and what did you do to cypherdoc? Anyway, a 100 BJ are mining solo should indeed get more BTC than 100 BJ mining for a pool. However, most people have just 1 BJ and after taking a gamble on BTC in general and HF specifically don't also want to gamble on the roulette table know as block finding. People like me who rather have 12.25 BTC than 50% chance of 25 BTC. clearly i specifically stated "steady" network HR to make it unquestionable that the expected yield from pooled vs solo mining would be the same given an equal orphan rate and no fees from pools. in a rising HR environment, which is what we have now, it's not as clear. still, given this environment, my personal experience soloing has worked better for me than pooling. |
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FYI.
I am no longer being paid by Hashfast. That concluded with batch one.
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The Raspberry Pi will ship with an SD Card pre-loaded with the standard Debian/Linux derivative Raspbian OS, complete with CGMiner pre-installed. Nice, but why not ship with minepeon pre-installed? http://minepeon.com/index.php/Main_PageThe goal is to get ckolivas to directly support the embedded cgminer. HF has set aside a donation unit for him to develop on and will be shipped to him ASAP. It's probably time to contact him. |
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actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.
how does that not make it more affordable to mine be it via pool or solo? solo mining simply results in more variance which i don't mind one bit. it fact, it's more efficient in my hands as i avoid all the pool related problems.
Yes, solo mining is still possible for small miners. If they're willing to do it without ever finding a block. And i mean *ever*. They'll never get any coin, but they'll never have to deal with "pool related problems." You are a disgrace to shilling. Edit: Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time. He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it. i think you're the clueless one. i've compared my pool mining success directly with solo mining and soloing wins every time. and variance means nothing to me. it's b/c the pools are somehow introducing latency and inefficiency. not to mention flat out downtime. and perhaps other nefarious things. who knows. but the data is clear in my hands. Wow.... You just removed all my doubts with that post. PS. if variance means nothing to you then why does hashrate matter in solomining? Do you know why we use pools? because HASHRATE reduce VARIANCE. If you dont care VARIANCE, you shouldnt care why solo mining is still "affordable". Yes... you just proved you're the biggest idiot. it's obvious that variance increases with solo mining. i don't care b/c my solo mining yields have exceeded my pooling yields despite the escalating HR. i'm working off of experience not theory. and i think it's explainable by the inefficiencies of pooled mining. Do you know what luck means? They wouldnt call it variance if the data is consistent. But noone will stop you tho, go ahead and solomining please. are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining? |
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actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.
how does that not make it more affordable to mine be it via pool or solo? solo mining simply results in more variance which i don't mind one bit. it fact, it's more efficient in my hands as i avoid all the pool related problems.
Yes, solo mining is still possible for small miners. If they're willing to do it without ever finding a block. And i mean *ever*. They'll never get any coin, but they'll never have to deal with "pool related problems." You are a disgrace to shilling. Edit: Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time. He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it. i think you're the clueless one. i've compared my pool mining success directly with solo mining and soloing wins every time. and variance means nothing to me. it's b/c the pools are somehow introducing latency and inefficiency. not to mention flat out downtime. and perhaps other nefarious things. who knows. but the data is clear in my hands. Wow.... You just removed all my doubts with that post. PS. if variance means nothing to you then why does hashrate matter in solomining? Do you know why we use pools? because HASHRATE reduce VARIANCE. If you dont care VARIANCE, you shouldnt care why solo mining is still "affordable". Yes... you just proved you're the biggest idiot. it's obvious that variance increases with solo mining. i don't care b/c my solo mining yields have exceeded my pooling yields despite the escalating HR. i'm working off of experience not theory. and i think it's explainable by the inefficiencies of pooled mining. |
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actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.
how does that not make it more affordable to mine be it via pool or solo? solo mining simply results in more variance which i don't mind one bit. it fact, it's more efficient in my hands as i avoid all the pool related problems.
Yes, solo mining is still possible for small miners. If they're willing to do it without ever finding a block. And i mean *ever*. They'll never get any coin, but they'll never have to deal with "pool related problems." You are a disgrace to shilling. Edit: Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time. He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it. i think you're the clueless one. i've compared my pool mining success directly with solo mining and soloing wins every time. and variance means nothing to me. it's b/c the pools are somehow introducing latency and inefficiency. not to mention flat out downtime. and perhaps other nefarious things. who knows. but the data is clear in my hands. |
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And try not to twist your own words
huh? this is all you do. ...
the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners. these prices are extraordinary and i myself may have to order more. this is going to keep the network decentralized and solo mining still affordable. once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.
ORLY? You predicted the price of ASICs would drop? The rest of us were thinking that ASIC prices would skyrocket as the difficulty increased exponentially. But you actually seen this coming, huh... as a matter of fact i did. many of my subscribers here can attest to that prediction which i've continually stressed ever since the beginning of this race last year. i'm not surprised you missed it. point being, this makes it possible for small players to stay in the game, if not for fat profits, at least to support the network.  Who?And try not to twist your own words, spindoc. You didn't say hobby mine -- you said "SOLO mine."   Edit: Bold red text, see? at $6/GH and more likely $4.8/GH i'd say that's pretty affordable. at least better than anyone else. As much as i like to give you credit, you sound so clueless that i cant see you as any reliable source. So.... your visit to HF means moot to me. PS. Solo mining means you mines without a pool. Nothing to do with the cost of hardware. actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH. how does that not make it more affordable to mine be it via pool or solo? solo mining simply results in more variance which i don't mind one bit. it fact, it's more efficient in my hands as i avoid all the pool related problems. Yes, solo mining is still possible for small miners. If they're willing to do it without ever finding a block. And i mean *ever*. They'll never get any coin, but they'll never have to deal with "pool related problems." You are a disgrace to shilling. Edit: Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time. it's too bad you're such an idiot. clearly you don't mine yourself. i've hit 2 solo mining blocks since Sept 10 using my 3 avalons. i've paid them off fully and am now making a steady profit from them despite the run up in the HR. you're such a troll. |
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And try not to twist your own words
huh? this is all you do. ...
the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners. these prices are extraordinary and i myself may have to order more. this is going to keep the network decentralized and solo mining still affordable. once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.
ORLY? You predicted the price of ASICs would drop? The rest of us were thinking that ASIC prices would skyrocket as the difficulty increased exponentially. But you actually seen this coming, huh... as a matter of fact i did. many of my subscribers here can attest to that prediction which i've continually stressed ever since the beginning of this race last year. i'm not surprised you missed it. point being, this makes it possible for small players to stay in the game, if not for fat profits, at least to support the network. Edit: Bold red text, see? at $6/GH and more likely $4.8/GH i'd say that's pretty affordable. at least better than anyone else. As much as i like to give you credit, you sound so clueless that i cant see you as any reliable source. So.... your visit to HF means moot to me. PS. Solo mining means you mines without a pool. Nothing to do with the cost of hardware. actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH. how does that not make it more affordable to mine be it via pool or solo? solo mining simply results in more variance which i don't mind one bit. it fact, it's more efficient in my hands as i avoid all the pool related problems. |
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at $6/GH and more likely $4.8/GH i'd say that's pretty affordable. at least better than anyone else. What does that have to do with the nonsense about solo mining, and why have you failed, for the third time, to answer my questions, which i've painted red, just for you? have you forgotten? you're on ignore. |
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