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13501  Bitcoin / Mining speculation / Re: I dont pay for power. What type of rig would you build? on: March 10, 2014, 02:53:22 AM
The switch is a bit overkill unless you have other equipment to hook up. You can get a decent 5-port switch for $30.
13502  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 1.085 BTC for 180GH/s on: March 10, 2014, 02:48:10 AM
.05 per day per antminer is very good. I wouldnt change a thing. I am making about .039 I think

He is making 0.05 per day for both. That is about 32 usd per day. Assuming he's using 900 W (overclocked, otherwise daily earnings would be a bit lower), that's 21 kwh/day. At 0.15/kwh that is 3 usd per day in electricity, for a net profit of about 29 usd per day. Over a three month period that translates to spending a bit under $300 for electricity and around $1400 hardware cost.
13503  Bitcoin / Group buys / Re: Refund lists for round 17 of Dz Coop. on: March 10, 2014, 12:45:56 AM
Mine not received. I will be sending email as Bob requested.

EDIT: email sent
13504  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 1.085 BTC for 180GH/s on: March 09, 2014, 11:47:15 PM
Ant miners work wonderfully well with p2pool, which helps the bitcoin network stay decentralized, and there are never payout issues since p2pool always mines coins directly to your wallet.

P2pool has been struggling to maintain and grow its hash rate to keep up with the network and needs your help to grow. If we can get to say 20-30% of the network (an ambitious target), we can help prevent any future 51% attacks.

https://bitcointalk.org/index.php?topic=504700.0
https://bitcointalk.org/index.php?topic=18313.0
https://bitcointalk.org/index.php?topic=153232.0

Thanks book marked. What is the 51% attacks?

https://en.bitcoin.it/wiki/Weaknesses#Attacker_has_a_lot_of_computing_power
13505  Bitcoin / Bitcoin Discussion / Re: Hackers steal data from MtGox server and release it with Mark's reddit account. on: March 09, 2014, 11:03:26 PM
Since the data seems to have been stolen around the time MtGox shutdown or later the question would be ... why would you keep this information on a webserver if you aren't actively using it anymore?  

Is competence even a question any more?
13506  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 1.085 BTC for 180GH/s on: March 09, 2014, 10:57:25 PM
Ant miners work wonderfully well with p2pool, which helps the bitcoin network stay decentralized, and there are never payout issues since p2pool always mines coins directly to your wallet.

P2pool has been struggling to maintain and grow its hash rate to keep up with the network and needs your help to grow. If we can get to say 20-30% of the network (an ambitious target), we can help prevent any future 51% attacks.

https://bitcointalk.org/index.php?topic=504700.0
https://bitcointalk.org/index.php?topic=18313.0
https://bitcointalk.org/index.php?topic=153232.0
13507  Bitcoin / Pools / Re: Which Pool ??? on: March 09, 2014, 10:53:13 PM
Also one more advice try to find a p2pool with a bigger hashpower Wink

Not really, all the p2pool nodes share the same hashpower. But if you are going to use a public node I do recommend you choose one that is well-maintained with an experienced operator or organization supporting it (such as the nastyfans node). Another factor would be choosing a node close to you since this will reduce your local DOA rate a little, but that is secondary to the node being well run.


13508  Bitcoin / Pools / Re: P2Pool.com support and information thread on: March 09, 2014, 10:49:52 PM
sort of.  the network as a whole is 99.99% DDoS resistant, an individual node is not.

If you run your own node it is DDOS resistant since, unlike a high-profile conventional pool node, there is nothing about your particular node that would make it a target. If you run on a well-known public node, there is some risk, but the nature of p2pool makes it much easier for people to open more and more public nodes (or switch to running a private node), again making none of them in particular valuable targets.
13509  Bitcoin / Pools / Re: P2Pool.com support and information thread on: March 09, 2014, 10:47:05 PM
... but I still think it'd be more accurate to call this a benefit of how the p2pool protocol works, rather than attributing it to decentralization.  A pool could do something similar, by only connecting to a handful of nodes that they know to be well connected & have 1Gbps+ connections..

No that's not the same thing. Those 1G connections won't do the trick, since that doesn't reduce latency. On a global scale speed-of-light delay is a significant component. The blocks in p2pool are essentially pre-broadcast; once solved, they're released by all p2pool nodes to the coin network simultaneously. A conventional pool could do the same thing but it would require something similar to this part of the p2pool protocol with globally-distributed nodes to pull off. Just fast connections is not enough.

It is fair to say this doesn't necessarily reduce orphans in practice since other factors come into play.
13510  Bitcoin / Pools / Re: Which Pool ??? on: March 09, 2014, 10:32:59 PM
I reiterate the recommendation for using a p2pool node such as nastyfans. You will have more variance in your mining from day to day but over a period of a few weeks it will even out and you will be helping bitcoin stay decentralized. P2pool has been struggling lately because people don't understand it and needs your help to grow.
13511  Bitcoin / Pools / Re: Which Pool ??? on: March 09, 2014, 10:30:34 PM
EDIT: I know not a good scientific test, since it would be best to have 2 identical sets of hardware mining the different pools during the same specific time windows... but I only have 1 ant...  (if someone wants to send me another I would be happy to run and posts results:) lol)

Even during the same time period there is random variation between the pools. Each pool finds its own blocks, so one day one pool will make more and the next day another pool will make more.

13512  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: March 09, 2014, 03:27:28 PM
so looks like my payment will finally come its in the 30s in queue just took an extra 3 days :/. So on average about 5 days to get payouts not terrible but definitely not convenient.

Not typical. There were some malfunctions last week that slowed down payments. Under normal conditions I've gotten daily payments.  Some of the big miners get many payments per day.
13513  Bitcoin / Pools / Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 09, 2014, 03:25:50 PM
reported speed is 98 TH right now, speed on p2pool.info still shows 150 TH but is clearly wrong.

BTW, those 1TH units popping up like mushrooms after a rainfall seem to behave fairly well on p2pool, I'm testing one since yesterday.

spiccioli


I remember gmaxwell reporting the Cointerra machines work wonderfully with p2pool. Wish more CT owners would install some nodes and get with the p2pool program. Smiley

I've heard they work very well even with a remote node. Obviously separate nodes are better for decentralization but for p2pool to survive it needs to grow hash rate here, so even getting people on remote nodes can be a means to an end.


13514  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 1.11 BTC for 180GH/s on: March 09, 2014, 10:42:23 AM
Could I use 2 overclocked on a CX750 power supply?   I've already got one miner on it and am looking to pick up another S1.  Just wondering if I should buy another PSU or can they both be used on one.  If not, any recommendations for a good PSU?

Definitely do not do that. Even non-overclocked two S1's use around 730 W. I measured it with a Kill-A-Watt and posted a picture. That's probably okay for a 750 if it is a gold or platinum with good efficiency at around 80-85% load.

Two overclocked is too much for a 750 PSU. Use two separate PSUs or find at least a 900-1000 PSU.



13515  Bitcoin / Pools / Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 09, 2014, 05:16:46 AM
Looks like we lost multipool to eligius recently, which is a big chunk of TH (currently 12 TH, but I think sometimes 20 TH or more).

However, I'm not seeing a drop off in total hash rate, so I guess there is enough coming online to take its place. Nasty just added 1.6 TH and I added almost 1 TH.

I hope we can keep p2pool viable.


13516  Bitcoin / Mining speculation / Re: I dont pay for power. What type of rig would you build? on: March 09, 2014, 05:13:05 AM
Depends on your budget. If you are thinking about maybe getting "an" S1, then I'm assuming your budget is less than $1000. That being the case, don't worry about power at all. (You won't even max out one regular 15 amp outlet with anything you can buy for <= $1K.) S1 is probably the best bang for the buck right now.
13517  Bitcoin / Mining / Re: Found block in pool... on: March 09, 2014, 05:08:10 AM
If a miner finds a block, in pool mining, what does that necessarily mean to the person who found it? Is that like carrying the baton past the finish line? Everyone gets credit?

Pretty much that. Some pools pay a bonus to the one who found the block.
13518  Economy / Service Discussion / Re: Mining - the new ponzi on: March 09, 2014, 05:07:02 AM
It's really quite simple. Don't ever send money (for any reason) to anyone you don't have good reason to trust. And with that ends almost all (if not all) of these "mining" operations.
13519  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: March 09, 2014, 05:00:21 AM
The issue of ID verification is relevant to MtGox since it appears there may have, in addition to the other problems with MtGox, been a data breach where 20 GB of ID documents were stolen from MtGox.

13520  Bitcoin / Group buys / Re: Refund lists for round 17 of Dz Coop. on: March 09, 2014, 04:53:09 AM
Still waiting. Requested Feb 7.
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