Nice... we get the fancy v2 Avalons with extra hashing goodness  . |
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And the crazy price wars on NH continue... F #957522 0.0065 3000.00 1143 2993.8270 F #957523 0.0063 1000.00 733 1029.3823 Nobody spends that kind of coin mining BTC... somebody had to have launched some new SHA256 coin. Or... conspiracy theory time... NH is doing it with their own cash to drive prices up and attract miners! LOL... ok, tin foil hat removed |
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You and me both. It makes no sense whatsoever to pay such a high premium to mine BTC. The only thing I've seen launch recently was this BitcoinUltra thing... I'm not sure that would have caused such a mining rush, but who knows... stranger things have happened.
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Hey Phil,
As mentioned in the OP, I'm in. Sign me up for 2 of them.
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Things look to be settling down to more normal levels on NH - at least the EU servers. Still an infinite order on the US side paying 0.0083.
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Yeah, the prices are still absurdly high. Obviously I'm keeping my own hardware pointed here... what kind of a pool operator would I be if my hardware was pointed someplace else? But I certainly can understand the desire to point your gear someplace that's paying way above expectations . |
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Anyone have any idea how much the price per BTC/TH/Day should be with the current difficulty ? The price on NH are quite high at the moment (0.0048 and over) ...
The simplified formula for figuring out your expected BTC per day is: Block Reward / (Current Difficulty * 2^32 / hash rate / seconds in a day)
So, using that: 25 / (120033340651.23696899 * 2^32 / 1000000000000 / 86400) = 0.00418979
So, at current difficulty you'd expect to make 0.00418979 BTC per TH per day. That's why Phil's got his Avanlons pointed to NH... because he's making considerably more than expected at the current rental rates they're charging. |
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Not getting anything lower than 0.0048 or 0.0049. Someone (probably a mistake) put up an order for 0.045... only a 10TH order, but still... he'll be in for a shock when he finally realizes it LOL.
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That's the goal Only reason I haven't fired up a rental is because the prices are absurd. I figure it'll settle down to normal at the diff change. |
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Yup... any hash could be the winner. Plenty of comments on other pool threads congratulating the guy with an S7, or a few TH being the one solving the block in a pool of multiple PH. I'll probably throw another rental here in the next day or so and hope to strike gold . |
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You aren't missing a thing... and that's exactly what I called them on when I first looked at their code in the github repo. They quickly gave up the whole p2pool development thing they were doing, and haven't touched it in over a year. They didn't know what they were doing then, and haven't bothered to try and understand it since; however, they'll still gladly claim they're supporting p2pool and decentralization.
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When it's your own gear, it's even more satisfying . That first block I ever found was with an S1 I had brought online about 2 weeks prior to finding the block. I had it overclocked and running 200GH/s. Difficulty was about 6.9G then. Crazy that I still remember it... block 297777. I've never found one solo, though. The first block this pool found was pretty close to solo... only a few of us were mining at the time. |
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Found a block on kano? Congrats! Was it your own gear, or a rental? I love the feeling of finding a block. I've only ever found 3. One on p2pool about 2 weeks after I got my second S1. One on nexious... and we all know how that turned out... and one here on my pool . |
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I will look into it for you. Currently digging myself out of a couple feet of snow EDIT: Ok... I checked things out. Whatever happened was on the rental site, not on the pool. The rental connects, then doesn't submit any shares. After 10 minutes, the pool automatically disconnects the miner. At this point, the rental reconnects about a minute later, but again doesn't submit any shares. So, after 10 minutes the pool disconnects it. This process has repeated itself since about 10:38 this morning. Every now and then the rental will submit a share, but then goes for 10 minutes without submitting anything and the pool disconnects it. Meanwhile, plenty of other miners are happily hashing away. |
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With the recent expansion in server infrastructure, ddos protection, rising difficulty, impending reward halving, and otherwise static hashrate on this pool, I finally have to reconsider the fee this pool has. I know many of you have said it would be fine if I raised the fee in the past, and the generous donations from block solvers have meant that I didn't need to raise the fees, but with the combined effect of the above, I seriously have to reconsider it now. What I'm considering is to raise the fee to 0.75% now and then to 1% when the next halving hits, or just raise it to 1% now with a view to just leaving it at that for the foreseeable future. Comments?
Raise it to 1%. Not only are you the pool admin, you are also the author of the pool's code and the mining software that the vast majority of miners use. If people are truly going to complain about 0.125 BTC, then let them setup their own solo mining operation. Pretty sure they'll realize very quickly doing so costs considerably more. |
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Also in NC. Sun is out here. Maybe it will melt the snow off of my solar panels.
Same here. I have to install a motorized snow cleaner on my solar farm.  I have one of those... it's called the neighbors' kids Just took a look at the stats. Some pretty fantastic luck the pool's been having! ~120% the past 30 days. It's very nice to see - and all without SPV mining or empty blocks. |
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No problem... My rental is up and down as well. It's all hash |
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Sure... let me throw some coin at NH and I'll jump on the block party train EDIT: and done... 400TH for the next 12 hours or so... |
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Congrats on moving completely away from f2pool, Phil . Also, pretty sweet deal you got for the power cost... that S7 should be profitable for a while. |
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