I got the notification the package was delivered... just need to get to my mailbox and pick them up  |
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It's possible to hit a block mining with just your computer... it's just extremely unlikely to do so  |
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Yes, it means that 4% of your mining earnings are kept by the pool. The pool tries to offset this by giving you some merge-mined coins (if you set that up).
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Conspiracy theories are the best . |
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Indeed! The pool as a whole is still well over 100% luck based on the two blocks it has found. It would certainly be nice to see that third block solved soon . |
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nicehash.com provides a good rental service. As does miningrigrentals.com.
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Your last sentence is correct. It was a lucky gamble. 800TH/s expects to take about 7.5 days to find a block at current difficulty. Congrats on the hit, though!
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Assuming it keeps running, my rental has about another 6 hours or so.
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Even at 0.0044 my rental has been up and down... I'm refusing to go higher on it. I'm also waiting on a couple Avalons (from Phil's group buy) to replace my ancient S3s at home. I'll have 2 Avalons and 1 S5 and will be selling off the 8 S3s. When we hit a block, hopefully the rental prices go down so I can throw some more hash here |
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Both of those (bfgminer and cgminer) are software that interact with your mining hardware (like Antminer S7 or Avalon 6). Also, are you trying to mine Litecoin? You're in the wrong forum... you'd need to head on over to the alt coin area: https://bitcointalk.org/index.php?board=160.0 |
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And you popped a decent 7.5G share, too, in the 16 hours they were running |
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Well... to be honest, I'm overpaying. Just figured the pool could use a boost and stepped up to the plate to take a swing.
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Jonny's thrown a little love in as well  |
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What mining hardware are you using? What do the logs say?
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The number of nodes isn't a problem, and really never has been. Plenty of people put up and run publicly accessible p2pool nodes. Heck, I was one of them for 2 years. Ideally, if you're interested in p2pool, you'd run your own node. That's the ultimate design of it - to be completely decentralized. It's a fantastic concept. As I pointed out, not everybody does so. So, if there are plenty of nodes from which people can choose, why aren't more people here? Well, that leads back to the part of my post you didn't quote. The variance here is twofold. First, is getting shares onto the chain. Share difficulty is currently 1360000. So what does that mean for expectations? - Antminer S1 would expect to land a share every 9 hours or so
- Antminer S3 would expect to land a share every 3.5 hours or so
- Antminer S5 would expect to land a share every 1.4 hours or so
- Antminer S7 would expect to land a share every half an hour or so
So, the price of entry is pretty steep. And, it only gets worse as more hashing power is added to the pool because the share difficulty rises in conjunction with the added hash. That's the ultimate problem to be solved: how do you keep miners from suffering more and more variance even as the pool gains hash and solves more blocks? |
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Comparing Kano to antpool is like comparing apples to oranges at this point.. The obvious ethical standards antpool shows vs kano is why i would choose kano if the luck was only 70% and ant was 130 % at this point if kano no longer becomes an option for whatever unforeseen reason.. Solo would have to be the way to go for me.. I'm tired of wading thru all the bs that isn't necessary and is most likely what deters so many from getting what btc is all about..
Best Regards
d57heinz
Philosophically and ethically, it's a no-brainer on which pool to choose. Stripping yourself of either or both of those constraints, the pure numbers show it is also a no-brainer on which pool to choose. Happily enough, both answers are the same: kano.is. |
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"errors": "This is a pre-release test build - use at your own risk - do not use for mining or merchant applications, blah, blah......"
The end of that error message is too funny! why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing
P2pool is not only a good thing, it's a great thing, it's really what Bitcoin is all about. I think the main reason more people don't use it is because it's not as user friendly as simply pointing your miners to kano.is, for example. There are lots of extra steps to take, and granted many bitcoiners know more about the ins and outs of computing than the general public, a lot of what p2pool needs to get up and running is beyond the grasp of even your average bitcoiner. exactly sad thing is that the future of p2pool depends on other pool operators if they decide to keep it alive or not because fellow miner does not have such power, what an irony? in origional bitcoin was solo mining the only way to mine and also it was designed to be fair, but with growing difficulty solo mining is no more way to mine and absolutely not fair way, fair way, decentralised mining done thru p2pool was destroyed by its own sofisticated design and greed of node operators (a little less fellow miners than fellow miners) if p2pool mining mechanism was implemented in core it would still allow fellow miner to grab some coins but the condition to own server and linux ability to tune pypy and compile git bitcoind and and and and ... are not the way interesting enough counter easy pooled mining You guys are rehashing the same argument that's been going on here for years. P2Pool is, unfortunately, its own worst enemy. Its fatal flaw is that the more people that join, the more variance they suffer. It is precisely the opposite of what happens on centralized pools. Some people have take steps to mitigate that - see OgNasty's and Nonnakip's NastyPoP method. Unfortunately no good, true solution to the problem has been found. Finally, let's face it: people are not really that interested in running a pool (or node in this case). Maybe they don't have a computer that is on 24 hours a day. Maybe they have limited bandwidth. Maybe they just don't have the technical knowledge and have no desire to learn it. |
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The numbers are always going to favor kano.is no matter how you slice it. The pool doesn't mine empty blocks like ant does. Further as you pointed out, kano.is includes transaction fees for miners whereas ant does not.
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Absolutely, you can use either. As to your question eghigo, that's your call. From a strict numbers point of view, it does not make sense. However, from a "I just want to get this block solved and I'm tired of waiting!" point of view... well... I'm surprised I haven't rented yet |
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