Better get used to it, it is how it is I'm afraid. There has been a false rumour of home mining being profitable for many months now, when in reality the ROI train left the station over 10 months ago & the profit boat sailed into the sunset around the same time. We now have a situation where most of the large (Chinese) pools are so badly coded that they splurge out more stale blocks than good ones while the other large-ish pools are skimming the tops off miners earnings in various different & devious ways, be it block withholding or waiting for diff increases before paying out (Yes, you know who you are & you should be BANned) or some other unethical, greedy behaviour. The saying "biggest isn't best" is especially true in Bitcoinland. The few established & trustworthy pools who are left are having to pay the price, as are their miners. To cap it all off, the only truly decentralised & trust-less pool has been left undeveloped since the GPU mining days - what was supposed to be the last defence against centralization is now languishing in despair at the bottom of the pool table. Only a year or so ago, every mining thread was full of how Bitcoin could replace the corrupt monetary system, giving the power of finance back to the people & away from a small group of "chosen ones". Now all I see in threads are so called "guides" giving paid for & misleading advice, with miners more concerned about how much of that terrible fiat currency (that spawned the birth of Bitcoin in the first place) they can get for their Bitcoins from even more corrupt & manipulative exchanges - greed & profit have taken over the original idea of Bitcoin, and it's only gonna get worse. Some of us still believe in Bitcoin though, me included. The community just has to wise up a little & look at the bigger picture, instead of the short term quick (non) profit making chances that are no longer there. They gone. Then skin up a blanger Well said.
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Westhash or Nicehash and set your password to p=.0xx (what the lowest you will take per 1Th/s) then set back up pools of your choice like one of the other PPS pools or use Kano's CKpool.
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mining since mid 2013 and i have finally found a block Yeah
On this pool? I'm pretty sure this pool hasn't been around that long I think he is new to this pool and I don't see his name on the pools list so I figure he is mining under a diff name. Just wonder if he found the last block on the pool? killowatts.AM?
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mining since mid 2013 and i have finally found a block Yeah
On this pool?
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Another block... hooray!
Songminer, I sent you the shares my node's wallet was paid. TxID: 8b972bf0aa7b574cc2dc4679a9ba28de62ce3887692bb96d217428b828714add
0.00681057BTC
I just moved a couple more miners back and was thinking of renting some again. I wish this had happened a few weeks ago when I was pushing 200-400TH/s of rented gear onto p2pool... slowly building the wallet balance back up, though. I rented about a 1/10 of that and will do so again in 24 hours to pick up some shares and spread them out some as well.
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Another block... hooray!
Songminer, I sent you the shares my node's wallet was paid. TxID: 8b972bf0aa7b574cc2dc4679a9ba28de62ce3887692bb96d217428b828714add
0.00681057BTC
I just moved a couple more miners back and was thinking of renting some again.
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How you making out on the rentals? crushed 6 BTC in 2.3 BTC paid out. With under 12 hours left on the rentals. It will then wind down to my norm of 3th that takes about 2 days. So I could still gain back more but right now I am looking at less then 40% return 23/60 = 38.33% Rental of hash can be very risky. My return should have been about 95%to 97% with normal luck. I had hoped for a bit of good luck but the last 5 days were bad. Total Payout Average Hashrate TH/s Average BTC/TH/s/Day 3 Day Average 5 Day Average 2015-02-22 24.80442488 2,975 0.00841385 0.00741690 0.00715167 my 5 day average is wayyyy under 0.0113 2015-02-21 25.00834364 3,648 0.00691759 0.00461228 0.00823887 2015-02-20 24.94128148 3,637 0.00691926 0.00680897 0.01134472 2015-02-19 - - 0 0.00911916 0.01844826 0.01468604 2015-02-18 49.58756735 3,709 0.01350765 0.01660145 0.02056046 I understand as its been bad on every pool I am mining on. My rental miners I rented for p2pool did not break even for me. The only thing I have made coin on is playing poker Well maybe it will pop 2 over night. I would go from 2.3 to 3.5 btc . I will be lucky to do that. This bad luck streak has got to be killing you.
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Ahhhh.... That makes sense. No problem. When the block is found I'll send you over any BTC my node's payout address receives.
Thanks. I was kinda kidding.. kinda... Sent. TxID: ae4ed57e199a5bfe7340fc8cca987e7b81cdc689252578366ac107ae88619e66 Thank you sir. Much respect. I have to agree about jonnybravo0311 as well.
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Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?
s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC. where do you convert them? would I need to first set up a DOGE Wallet?? If so, suggestions??? I just send DOGE and NMC to my CEX.IO account and once I have enough I convert them for BTC. I would have answered sooner but my internet has been down the last 12 hours. CenturyLink Sucks
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For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash? Currently you're only going to get 0.0008975BTC per TH. Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.
When I have spent coin I have not noticed a problem yet. It use to be when I first started about 2 years ago on Slush I had my payout set at .25 but as difficulty keeps going up I think you will see more miners taking smaller payments. Maybe I'm missing something... is there a minimum payout threshold you can set or is it only the time-based one? Since 1TH/s expects to earn 0.01077 BTC a day right now, that means breaking that payment into 12 pieces - so you get your payments every 2 hours - gets you the number from my post you quoted. At the end of the day, sure you've got the same total number of coins, but the inputs to get there are 12 times more. More inputs, the larger the size of the data in your transaction. The larger the data, the more you pay out in transaction fees. No your right as its time base a miners chooses. I knew the transaction fees are higher if you have a lot of inputs to make up the coin your spending but so far the coins I have spent I really have not notice a high fee yet? I guess I am not sure what is normal or what is high?
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For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash? Currently you're only going to get 0.0008975BTC per TH. Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.
When I have spent coin I have not noticed a problem yet. It use to be when I first started about 2 years ago on Slush I had my payout set at .25 but as difficulty keeps going up I think you will see more miners taking smaller payments.
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For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash? Currently you're only going to get 0.0008975BTC per TH. Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.
I learned to manage my little pieces after having a massive darkcoin transaction that would never propagate. That massive transaction size was fixed in a more recent version. The payout per share changed from: 0.0000000005623611 To: 0.0000000005355110 And payouts on btc are once again behind. Yes they are behind again.Payment in full just came thru
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I'm remaining cautious while watching this pool a little longer. At the moment my miners are at WestHash and Kano, but I did set this pool up as a backup pool. If things remain healthy here then I'll move one of my miners back in a week or so. I will not be moving the whole rig back though.
How did everyone survive yesterday's difficulty change? Has that problem with payment calculation been verified as fixed?
To me it was a non issue as my payments were current and I get paid every two hours so at the most it would have only effected a very small portion of my payments. (But s0br said it was fixed)
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Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?
s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC.
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Yes, I see NMC was paid and the amount reset. Doge waiting still.
Seems the nodes are having issues worldwide. My miners changed pools and came back, but they are still not up to speed.
Edit: after a few hiccups, pretty much back to speed.
I see DOGE coins must have now been paid out as my amount reset. I moved all my miners back here but one that I have left at Kano's pool.
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How you making out on the rentals? crushed 6 BTC in 2.3 BTC paid out. With under 12 hours left on the rentals. It will then wind down to my norm of 3th that takes about 2 days. So I could still gain back more but right now I am looking at less then 40% return 23/60 = 38.33% Rental of hash can be very risky. My return should have been about 95%to 97% with normal luck. I had hoped for a bit of good luck but the last 5 days were bad. Total Payout Average Hashrate TH/s Average BTC/TH/s/Day 3 Day Average 5 Day Average 2015-02-22 24.80442488 2,975 0.00841385 0.00741690 0.00715167 my 5 day average is wayyyy under 0.0113 2015-02-21 25.00834364 3,648 0.00691759 0.00461228 0.00823887 2015-02-20 24.94128148 3,637 0.00691926 0.00680897 0.01134472 2015-02-19 - - 0 0.00911916 0.01844826 0.01468604 2015-02-18 49.58756735 3,709 0.01350765 0.01660145 0.02056046 I understand as its been bad on every pool I am mining on. My rental miners I rented for p2pool did not break even for me. The only thing I have made coin on is playing poker
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Always baffles me how the pool can go so long without a block then two are struck down almost consecutively.
... because luck is a measure of the past and finding a block is not affected by the last time you found one. (and the human mind tends to remember the extreme and forget the average)This is in direct correlation to how many beers one drinks.
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How you making out on the rentals?
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