How rare is it to find a block? According to Slush's website I found one block
Depends when. Years back it was easy. Now it is harder. There are somewhat over 144 blocks per day (say 160) so if you take the network hash rate and divide by 160 that is the hash rate you need to expect to find one block per day. Current hash rate is around 30 PH. 187 TH to expect to find one block per day. 1 TH gets you a block every 187 days. |
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If there is Bitcoin on the exchange (which is anyone's guess)
That's exactly the point. It is not at all clear there is bitcoin on the exchange. They are trading this weird GoxBTC thing against GoxUSD and what either of those mean in real units is anyone's guess (for GotBTC I guess you can look to bitcoinbuilder but for GoxUSD there is no organized market as far as I know). It is totally misleading to label this as a USD vs. BTC price. At this point they might as well be trading beanie babies against furbies. |
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I'm shopping around for a reasonably priced second PWM fan to do "pull" duty. You don't really need a pwm fan as there is no fan control on the second blade anyway. Just get a regular fan and hook it up directly the PSU. Thanks for the info, smooth! I happen to have several spare 120x120x25 fans with 3-pin connectors. I guess I just neet to shave off the ridges to fit it into the 4-pin connector on the 2nd S1 blade. Yes that will work, or use a 3-pin-to-molex adapter and plug into the PSU. A lot of fans come with those, if you have fans around, you probably got the adapters, look for them. |
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I thought 200GH was guaranteed if you overclocked to 400 mhz?
Guaranteed? Overclocking is not guaranteed at all. |
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No, it was most definitely BTC values. Taken to full decimal places and no rounding, 8.088% restocking fee. If I make the .0005 transaction fee my responsibility that becomes 7.8882%. The total amount I am short, again without rounding, is 0.016485898. This is BTC in, BTC out. I even double checked my emails with the blockchain.info transactions to make sure the amount was correct. I'm not complaining, just warning that people should double check.
They said it was whatever your payment method. Most people paid in BTC (either directly or by converting USD). I didn't know there was even an option to pay directly in USD on this one but maybe there was. So if you paid in BTC and didn't get the same BTC back (less "restocking" fee), you have a valid complaint. |
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I'm shopping around for a reasonably priced second PWM fan to do "pull" duty. You don't really need a pwm fan as there is no fan control on the second blade anyway. Just get a regular fan and hook it up directly the PSU. |
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Good luck to the others who are waiting for a refund.
That would include me. Requested on the 7th. Still waiting.... |
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Price follows difficulty.
No it really doesn't. Someone did actual math on this. I don't have a link to the post but its here if someone wants to find it. The causality runs in the other direction (i.e. difficulty follows price), although it isn't terribly strong in that direction either. There are lots of other factors influencing both. |
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Now I need to sit back and decide if I want build another litecoin miner with a pair of r9 290's . or do nothing at all.
I would have preferred a second pair of ant miners over the litecoin miner.
the litecoin miners cost about 1100 to build but they don't earn like they were earning. Frankly they require more attention then the antminers.
I say wait. Not really worth mining LTC at current prices. Some of the alts are a little better than LTC but you have no way to know how long that will last. Then again, GPUs if you don't push them too hard and burn them up, have pretty good resale value (better than dedicated miners). Still, I'd wait for something better. Yeah I am in a funny position. I have done well. with all the deals and group buy plus ebay sales and I am up. I have 440gh in home hash power. 2 s-1's and around 37 sticks of ants and furies. I have 60gh in the cloud. I have 4400 kh doing lite coin in home. I have coins in hand. I am up mostly due to ebay sales and DzCoop R5+R6 and R9-R12.I have 3 gpus and 2 mobos New in box. 2 cpus New in box. 4 PSU's not used. And 5 nano furies coming to my home on weds. For the life of me I don't know what to do next and why ? I have always found it very hard in life to stand pat. I need to do this just stand pat. If I read correctly you can only rtun 1000 more watts of equipment, that being the case you should at least sell of one MB and one CPU; you can't run two more scrypt rigs. The rest you can definitely wait and see what happens with BTC and LTC prices and mining gear. |
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Now I need to sit back and decide if I want build another litecoin miner with a pair of r9 290's . or do nothing at all.
I would have preferred a second pair of ant miners over the litecoin miner.
the litecoin miners cost about 1100 to build but they don't earn like they were earning. Frankly they require more attention then the antminers.
I say wait. Not really worth mining LTC at current prices. Some of the alts are a little better than LTC but you have no way to know how long that will last. Then again, GPUs if you don't push them too hard and burn them up, have pretty good resale value (better than dedicated miners). Still, I'd wait for something better. |
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Funny Fact. It's almost safe to say Every single Antminer ever sold by Sushi or Bitmain will eventually ROI in terms of Bitcoins earned. Maybe not super profits like KNC Jupiters made with pure luck....
Not sure about these Feb 28 ones, but overall they have been a good buy. |
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shipping (<$100) Probably wrong. I just did a quick search on UPS.com (guessing at the exact size and weight, but I was probably close) and it came up at around $300 That's full retail rate. No one pays the full retail rate. Especially not businesses. That's why I said probably. There is a discount, especially if you are shipping hundreds of units at once. I've had a UPS business account before, so I have some idea of the discounts available. My search was for shipping to the west coast of USA also. Some other destinations are probably more. A few may be less. I still very much doubt <$100. |
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You will earn as much, but you will get more transactions.
When you use them to transfer BTC to another address the difference will be in the amount of fees requested : the more transactions received for a given amount, the more fees you'll have to pay to spend this amount.
This is true although if you are careful about it you can aggregate the smaller amounts without a fee (at least currently as long as there are miners willing to include no-fee transactions under the default rules). |
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it doesn't matter which of the rigs found the share - my payout would be the same. Is that correct?
Yes |
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If I assign each rig its own unique payout address, would that cause my earnings to go down?
It will not cause your earnings to go down on average, it will cause your earnings to jump around (a little) more. Either way most of your earnings come from the 200 GH so the difference will be small. My guess is yes, since if one of the 5GH rigs gets a share, it "counts" for or earns less than if the 200GH rig found that share. No all shares count the same, the 5 GH just gets fewer of them. |
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I suspect they "test" some units for a couple weeks before shipping. For example, I bet they are "testing" the units that are going to ship on Feb 28th right now...  This is pure speculation, but most hardware manufacturers learn that it is very beneficial pre-mine before difficulty goes up, and then sell to consumers after the hardware is past its max earning potential. You can speculate all you want of course, but have you actually bought Ant Miners or are you just trolling this thread? At least some of the ones I've bought were almost certainly not used for mining because they had "that new electronics smell" for the first few days of mining. In fact I'd prefer they burned them in for a while, but they clearly didn't. |
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shipping (<$100) Probably wrong. I just did a quick search on UPS.com (guessing at the exact size and weight, but I was probably close) and it came up at around $300 |
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KNC Neptunes and Black Arrow is in BIG trouble Preorders...People never learn. |
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The large miners reduce their own variance by mining with the pool. There is no real benefit to them to setup their own unless they just want to gamble. Right now, with the ever increasing difficulty, the lower the variance the better.
If you charged a minimal service fee, like 0.1% it might help a little. Importantly though I think it would help people realise that you shouldn't expect the benefit of a pool without paying at least some token amount. Using a pool is like paying insurance, yet no one is suggesting that insurance should be a free service. +1000 All the benefits none of the costs and headaches. They are not stupid. FWIW, if I were running a pool I'd charge a fee but offer some kind of rebate program based on hash rate (probably over a period of time) with the largest miners having no fee or a negative fee, and no I'm not a particularly large miner myself. |
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