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1  Local / Новости / Идея крипто-производства - новое потенциа on: December 27, 2017, 03:32:00 PM
На английском языке. Новое потенциальное применение крипто-майнинга.
http://www.kvraudio.com/forum/viewtopic.php?f=33&t=496915

Это для сферы музыкального ПО, но потенциально для любой продукции.

Много скепсиса, но кто его знает - вдруг что-то получится у кого-нибудь. Производителям бесплатного ПО так и так терять нечего, и в этом их сила.
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: Help in using Computta on: December 17, 2017, 07:22:48 PM
Computta referrals is scammy for sure, they pay 5 times less than advertised, no reason to advertize them for the sake of referrals. Not sure about mining performance itself, but may be scammy as well.
3  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin. on: November 30, 2017, 07:33:47 AM
RBPPS may fit for some miners but I don't think it's ideal.

PPLNS is mainly win-win game trying to find more blocks.
But RBPPS is like zero-sum game fighting for limited reward between pool operator and miner.

What kind of pool operator would lose for long time if they have the master key on his hand.
Pool op will change fee frequently or manipulate numbers to get more. Pool op will never lose in this game at last.

The main problem is that RBPPS has grey region between honest and scam while PPLNS has strict line between honest and scam.

Also actually hopping is not discouraged by PPLNS. PPLNS is just for fair distribution system.
pool hopping for cheating strategy is not that same as hopping here and there.


Well, RBPPS is the only truly profitable strategy when buying hashpower at NiceHash. PPS is too, but this hugely depends on pool op's fairness. A lot of ops advertise like 3% fee while in reality they charge 8% easily. I do not agree PPLNS is "fair" by definition, it also depends on pool op's fairness. The mining pool business is all about fairness. PPLNS is only less risky to pool op. PPLNS is as good as PPS only on very large pools like AntPool DASH.
4  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin. on: November 29, 2017, 06:17:37 PM
PPNLS is a very unfair system. I m complaining here about the fact you don't put on your website the sharing system you use, and how it work.

It is your own fault for not researching what PPLNS means and what system the pool is using. PPLNS is a great system as it discourages pool hoppers.

The most fair system is RBPPS if implemented without any "tweaks", using BlockReward*ActualShares/ExpShares formula and all shares are included from start to end of the block. It's also not very risky to pool owners, because reward is paid only after block confirmation. Moreover, if pool is very effective (like Monero pool on MPH with its 98% long-time luck), the pool owner can set 0% or negative RBPPS fee, and set a higher fee on less lucky pools.

Hopping is a reality due to introduction of a lot of profitable competing crypto-currencies. If you do not hop as a miner, you lose anyway by not mining a more profitable currency.
5  Alternate cryptocurrencies / Pools (Altcoins) / Re: [POOL] ----------------- Coinotron ----------- NEW !!! Bitcoin gold --------- on: November 23, 2017, 10:45:59 AM
What is the general formula for conversion of shares to hashes? What factors should I use, like Share difficulty? I would like to calculate the number of hashes required to mine a block. Does Share difficulty change with time on your pools?
6  Alternate cryptocurrencies / Pools (Altcoins) / Re: [POOL] ----------------- Coinotron ----------- NEW !!! Bitcoin gold --------- on: November 23, 2017, 08:40:06 AM
What I've noticed is that on Statistics page for DRK, I read:
Block 775413 Shares 12266263019520 Difficulty 61776206 Payout 5.5
Block 775327 Shares 1414652755968 Difficulty 61287792 Payout 0.56

At the same difficulty the ratio of shares is 8.67, while the ratio of payouts is 9.82. This does not seem to be right. Should not they be roughly similar, or does it mean a considerable part of miners use PPLNS system?
7  Alternate cryptocurrencies / Pools (Altcoins) / Re: [POOL] ----------------- Coinotron ----------- NEW !!! Bitcoin gold --------- on: November 22, 2017, 06:44:45 PM
Another question - while Statistics page display a good variance in the ZEC and DRK rewards which probably depends on the round length (as I would expect with the RBPPS system), ETH pool does not display as much variance. What is the reason?
8  Alternate cryptocurrencies / Pools (Altcoins) / Re: [POOL] ----------------- Coinotron ----------- NEW !!! Bitcoin gold --------- on: November 22, 2017, 06:38:34 PM
Hi! Since you removed RBPPS from FTC pool, is it your general attitude towards RBPPS, does it mean you will eventually remove it on other pools? What was the reason you've removed RBPPS from FTC pool?

Can you offer a round length-based block reward with PPLNS option? Currently BTG and FTC pools display a fixed block reward on the statistics page, does it mean PPLNS option works the same way like on other pools? Your pool is unique in that it offers RBPPS system. My idea is maybe you could combine the two? Calculate the share based on PPLNS, but use RBPPS block rewards. PPLNS 1% fee is very good, RBPPS 2-3% does not look very tempting.
9  Local / Трейдеры / Re: ✔ Готовы к падению с $6000 до $5000 ? on: November 12, 2017, 08:03:21 AM
сразу как эти гандоны отменили свой говнофорк они же начали спамить сеть с последующим пампом каши

но победа за нами
Да нет, это реально конец биткоина. Доверие к нему подорвано. Понятно, что ушлые ребята могли под рост каши дампить 1 млн долларов в день на перегрузку биткоина, но простому народу до лампочки - значит биткоин не выдержал атаки серьезных дядей. Биткоину давно надо было период блоков уменьшить до 14 секунд как это сделал Эфириум. Сеть с такой частотой блоков хрен заспамишь.
10  Local / Трейдеры / Re: ✔ Готовы к падению с $6000 до $5000 ? on: November 12, 2017, 06:53:03 AM
Цена быстрых транзакций сейчас - 0.0017 биткоинов, $10. В очереди по старым ставкам стоят 100тыс транзакций. Это конец биткоину, народ не дурак столько платить за транзакции.
11  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: November 07, 2017, 07:46:39 PM
Is nicehash fubar ATM? If I can get a rental started it just burns away with 90+% rejects, more often it wont even start, which is just burning through cancellation fees... the pool details are the same as they always have been and I know the pools are fine because I'm mining them with my personal miners. I feel like I'm being scammed, charge for rejects then charge for cancellation, perhaps the "new order fee" should be refunded if nicehash cancels the order.
You are right, they sometimes cancel orders and do not refund the fixed order fee. I also constantly get 10% stale shares on DaggerHashimoto, that does not happen often on X11 nor Equihash. Nicehash became hugely problematic. Also CryptoNight was recently pumped removing a lot of hashrate from other algorithms. I think in effect the buying prices will fall eventually - buyers collectively have to account for those risks. Plus a lot of miner software bugs and everyday 30-minute marketplace downs.
12  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: November 07, 2017, 02:09:12 PM
Time to close the nicehash tab and go to MINING RIG RENTALS!
Have you seen the rent prices on MINING RIG RENTALS? It's a complete rip off, I do not understand who would buy hashpower at those prices.
13  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: November 06, 2017, 09:49:19 PM
nicehash used to be good and a profit could be made renting Hash but sadly to say with most coins people want to mine you are better buying at an exchange now
With the recently imposed limitation on price downsteps for all algorithms NiceHash became a place where basically only high-volume purchasers can prosper that can afford fixed order creation fees. Disgusting place to buy hashpower. Was way better 1 month ago.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin [VTC][ANN] Segwit Activated | ASIC Resistant Decentralized GPU Mining on: November 05, 2017, 06:00:51 PM
If I'm not mistaken in about 2 month the block reward will be halved? Or has this been changed? If it will be halved, I do not think it will be profitable to mine on GPU? People will move to other coins.
15  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: November 05, 2017, 08:02:26 AM
Have been selling my hashing power on NiceHash for a little bit.  Started looking into buying hashing power and can't figure out how it is profitable.  I have listed some details of me research below.  If there is someone that can tell me how they are making a profit that would be helpful, thanks in advance.

Looked in LTC
Was going to spend 0.01 BTC @ 0.0046 BTC/GH/Day for 1 day.  This works out to 2.1739 GH for the day.
Current total hashing power is about 31,000 GH/s, my purchase would mine about 1.01 LTC for the day.
That converts to about 0.0075 BTC when the initial buying price was 0.01, a 25% loss, and all the various fees haven't even been factored in.

A little bit later I notice the low end buying prices were up to 0.0056 BTC/GH/Day, even worse and the price of LTC hadn't moved.
How is this profitable, what am I missing? Huh
If this is not profitable no one would be doing it.

Thanks in advance
It depends on what coins you mine, LTC may not be the most profitable coin in average. Purchasers can mine coins you do not know about, even at some private pools. There are 1200 coins after all. It's also a common tactic to monitor difficulty of coins and make hashpower surges when difficulty drops. At those moments you can buy really high. Anyway, most purchases are done by robots.
16  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: November 02, 2017, 06:36:08 AM
Now somebody buys Ethereum hashpower at 0.0100 BTC/GH/s while realistically you can only make 0.0078 considering the network hashrate. I also made quite a lot on NiceHash, but I used profitability factors I know, if hashpower buying price rose just 8% from what I was aiming at I would be losing money. It was mostly due to a good day. But buying at 0.0100 while you can make 0.0078 in a long run is not really reasonable. And this happens too often on NiceHash, so I have a good reason to think the game is rigged. Pool luck? But you can't predict how long it will take to mine a block.

And I see it far worse on X11 and Scrypt.. People paying like 2-3x what they could possibly profit, large orders lasting for days on end.

Indeed, the very best benchmark for REAL Scrypt and X11 profitability is https://prohashing.com/ since it mines dozens of large and small coins. You have to deduct 3% from this site's displayed profitability and that will be the break even price to buy hashpower on NiceHash.

It's hillarious to see somebody right now buying CryptoNight hashpower at 0.5000 BTC/MH/day while MiningPoolHub displays 0.2170 BTC/MH/day profitability for mining Monero.
17  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: November 01, 2017, 08:18:40 PM
You probably never bought hashpower on NiceHash and do not understand its profitability factors. You have to buy at about 3% less than what pool pays you to mine CryptoNight just to break even. In reality you have to buy at even less rate if you want to have profit. I doubt anyone can dump 1 bitcoin everyday just for fun of it, and that's only on CryptoNight. I really hope it's not a rigged game and someone really had to scratch their heads fixing robots went out of control.
Take a look at ckpool.org solo pool on here there are ppl renting 500t or 600t or even more trying to hit a btc block there are btc ltc and other pools setup just for solo mining would I put $5000 to hope to hit a block no but if you do thats 12.5X6000 so that original $5000 doesn't sound like a lot and nicehash will never tell anyone where other ppl are mining at also just because whattomine says x coin is the most profitable thats bullshit if you no how to do the math you'll find more profitable coins to mine also if you throw a bunch of hash at x coin because the difficulty is down that coin may not be profitable to mine but 3 weeks from now when it gets pumped you cash out  

edit: yes I have rented hash from nicehash but not to pool mine I solo mined a bunch of peercoin and made more than I paid at a fixed price
Now somebody buys Ethereum hashpower at 0.0100 BTC/GH/s while realistically you can only make 0.0078 considering the network hashrate. I also made quite a lot on NiceHash, but I used profitability factors I know, if hashpower buying price rose just 8% from what I was aiming at I would be losing money. It was mostly due to a good day. But buying at 0.0100 while you can make 0.0078 in a long run is not really reasonable. And this happens too often on NiceHash, so I have a good reason to think the game is rigged. Pool luck? But you can't predict how long it will take to mine a block.
18  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: October 31, 2017, 10:32:02 PM
You are totally correct, I see this on CryptoNight. Someone pays 10% more than Monero can give when mining on a usual pool. This is either a rigged game from NiceHash or a huge robot mistake, someone simply loses money. There are no coins more profitable than Monero, so if you see on WhatToMine.com that NiceHash pays more, the game is either rigged or someone loses money big time.

A clarification from NiceHash would be useful.
I don't think this is rigged I believe some people are willing to pay more just for the fun of mining ya they can go buy coins from a exchange for less but that removes the mining part I have my own rigs and have been mining for 4 yrs now and I really do this as a hobby not for profit so even if my power where to be more than I make I would still mine
You probably never bought hashpower on NiceHash and do not understand its profitability factors. You have to buy at about 3% less than what pool pays you to mine CryptoNight just to break even. In reality you have to buy at even less rate if you want to have profit. I doubt anyone can dump 1 bitcoin everyday just for fun of it, and that's only on CryptoNight. I really hope it's not a rigged game and someone really had to scratch their heads fixing robots went out of control.
19  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: October 29, 2017, 07:58:44 PM
Hey there,

I am having trouble maintaining profitability across Scrypt and X11 to bid high enough to get consistent hashing power, and the fixed prices are always above profitability.

What are the people mining who are paying these prices? Some are buying massive amounts at twice the rate I can. I'd like to be a part of the competitive market, but I've tried exhaustively and I can't find what coins, pools or technology is needed to bid at those higher levels.

Please advise.

Thank you,

CA

You are totally correct, I see this on CryptoNight. Someone pays 10% more than Monero can give when mining on a usual pool. This is either a rigged game from NiceHash or a huge robot mistake, someone simply loses money. There are no coins more profitable than Monero, so if you see on WhatToMine.com that NiceHash pays more, the game is either rigged or someone loses money big time.

A clarification from NiceHash would be useful.
20  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: October 26, 2017, 09:48:04 PM
Hello !

Can someone tell me why X11 on Nicehash is so low ?
I have two Antminer D3, and with this hashrate (19300 mhs) the best X11 crypto is DPC (29$ per day), then Cannabiscoin (20$), ONX, INFX, also DASH directly (17.14$) and Nicehash is only 15.5$ a day...

Why there is such a big difference ? An adjustement will be planned ?

Thank you
Ha ha, the reason is that NiceHash charges buyers a 3% fee which reduces profits from buying hashpower. NiceHash profit will always be a bit smaller in direct comparison to mining currencies using popular pools. The good side about NiceHash is that buyers may buy hashpower to mine a currency you do not even know about and pay a bit higher than average. Not happens often though.
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