How do you do this with only a 30Gb disk. I just checked the blockchain size on my node and it is 30.1Gb. The blockchain has gotten huge! the full blockchain is around 22GB. you may still have the old blk* files around that were rendered obsolete a year or so ago bitcoin consumes around 3-4TB upstream a month for me, with 700 connections |
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I'd be shocked if ghash.io hasn't been above 50% already for months. It's against their interest for people to know they're > 50%, the solution is to simply submit blocks through unconnected IPs without a block sig that would identify them as ghash.io.
add: It's not like they're relying 100% on people mining on their pool. You'd have to be naive to think they wouldn't obfuscate the identity of blocks discovered by their massive ASIC farm.
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Now as to the which pool you use, for the most part in the long run yes they all will give you about the same payout. However, there are other factors.
It's also problematic that p2pool randomly takes your shares and applies them to the default address, even on 0% fee pools. Use your own p2pool, unless you know the person that's running the one you choose will actually look at the log to reimburse you if this bug occurs. See my post one page up. |
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is blockchain most secure wallet?
USB flash disk stuffed in your butt crack is probably the most secure wallet.. |
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cex.io has been good so far for me, assuming that you know how to invest. It all depends on what you do.
did you manage to get ROI there? i see many users frustated invest there, because their price is so overpriced and their they mantainance fee is too high even after they add trade fee, make it worse for us to get profit from trading Well those who complain don't know how the market works. I've already made an ROI, and a profit. A 800 satoshi fee a trade isn't half bad, assuming you can trade correctly. Sadly, a lot of people think that they can do everything with no fees. Those are the fools. I trade and mine, and I have made a profit, starting with 0.0013 BTC. About 2 GH/s. Learn how to trade before you complain. Seeing as how you're such a master trader, might I suggest working the DOW or NASDAQ instead? I'm sure it'd be a lot more profitable. Every time you buy something that's worth 3-4x what it should be, you're taking a risk. Reminds me of Xcelera. Shame that we can't sell cex short. |
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My GPUs have rarely run above 80oC, the only time I can think of is when the fan died on one of my 5970's and I came back to 100oC and it throttling itself so much that it was getting about 50/100mhash (bitcoin mining).
I think my power supplies have endured much more 'torture', operating in 110oF ambient, etc.
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Hey, Can anyone explain what happened here: www.nogleg.com/doge.logSearch for: 2014-06-07 09:21:33.692077 GOT SHARE! D6UpZiy3teiUvu4kMWRvPkeaTz5poSjPjN db27bad7 prev 613ae623 age 4.89s ...and it credits it to my default address. I ran p2pool with ./run_p2pool.py --net dogecoin -a DMGbitfUYJc6BiNNpmLvgNcwnewnEUwBgV --no-bugreport --disable-upnp --give-author 0 -f 0 (and various --p2pool-nodes).... nogleg.com:9555/fee even shows 0%, yet it clearly credited that one share to my address. Anyone have any clue as to why, or how often this occurs? ed: The only thing I notice is a mystery fourth worker appearing for some reason (all the other new works around that point show three workers): 2014-06-07 09:21:33.703888 New work for worker! Difficulty: 0.001209 Share difficulty: 1.546001 Total block value: 125000.000000 DOGE including 0 transactions 2014-06-07 09:21:33.705461 New work for worker! Difficulty: 0.001209 Share difficulty: 1.546001 Total block value: 125000.000000 DOGE including 0 transactions 2014-06-07 09:21:33.707024 New work for worker! Difficulty: 0.001209 Share difficulty: 1.546001 Total block value: 125000.000000 DOGE including 0 transactions 2014-06-07 09:21:35.977085 New work for worker! Difficulty: 0.001307 Share difficulty: 1.546001 Total block value: 125000.000000 DOGE including 0 transactions I've been mining Aliencoins & haven't touched DOGE in 4 or 5 days.. |
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The major reason is that I don't have a high internet bandwidth (esp. the upload bandwidth)...
speaking of bandwidth, here's what's consumed by around 700 bitcoind connections after a new block (other tcp connections for p2pool/aliencoin)  |
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PBMining has the best price per GHs. But it's not a trading site. You buy your GHs and hash for 5 years. 90% of your return on investment will probably be in the first 6 months. Do the math and it might actually be worthwhile. I made a sizable investment (for me) a couple of months ago and I've earned about 60% of my initial investment back so far.
lol, that's putting a lot of trust into a place to still be around in 5 years. cryptsy's mn1 and mn2 can be traded, and right now 10ghash is priced at .073 , which is essentially the same price it is on cex. the difference is that cryptsy doesn't take away 35% in maintenance fees, like cex does. Lol, this argument again? Most of your return will obviously be weighted at the beginning of the term. After a year, you will see very little return because of difficulty adjustments. With PBMining, you are purchasing a 5 year contract. You don't get your original investment back at the end of the 5 years. So your point isn't really valid. Really, PBMining could have made this a one year contract and it would return about the same. The last 4 years of term will see just a trickle of Satoshis per week. But that's the same result that you would get if you invested in mining gear. What argument was I making, exactly? That it's a rather large leap to assume that some place will still be paying you five years from now? What does PBMining and a 5 year contract have to do with the point I was making? My reply to the PBMining post was "lol, that's putting a lot of trust into a place to still be around in 5 years.", the next statement was in response to the topic, "Best Cloud Mining other Than cex.io". Since we're living in Fantasy Land, I'll point out that Cryptsy's is a lifetime contract, which, well, is longer than 5 years. Since PBMining will still be around in 5 years, I don't see any reason to think that Cryptsy won't also still be around in 5 years. Again, Cryptsy's MN1 and MN2 are a better value than CEX because they contain no maintenance fee. That makes them ~30% more valuable, yet they both are trading at around .007BTC per GH. What's your argument about that statement? (and I don't have interest in any 'cloud' mining shiat) |
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Hi , I need help for bitcoin-qt node in an Ubuntu Server. I tried many source-codes, but it did not work. Can anyone advise me?
I advise you to ask the question you want answered. Great advisement! |
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5 years ? in this type of business ? While the price is smaller than the price on cex.io at least you can trade the Gh when a more profitable solution appears on the market. Paying for a 5 year contract is crazy and seems to be designed to attract noobs. The time you buy the hashes is 5-years and it is the cheapest hashes on net. Nothing to do with n00b attraction, just to sell cheap hashes for everyone wanting to cloudhash instead of own hardware. You get yours after every week's sunday. Since we're living in fantasy land, cryptsy's are 'lifetime', 'lifetime' > 5 years |
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My logic for making profit in cex.io:
Assume you buy 1GHS today @ 0.0072BTC.
1GHS makes approx. 0.00005 BTC/day in today's difficulty (not counting maintenace fee)
So in order to stay profitable, you could either sell the 1 GHS today for >0.0072 BTC, or tomorrow for >0.00715BTC, or after 2 days for >0.0071BTC and so on.
Of course these figures will change after each difficulty adjustment, but logic stays the same.
The way I see it, the only thing that makes it a risky investment is the possibility of a website hack/shutdown etc. (think mtgox) since all the coins/ghs are online.
Ok so I'll try to take the fee into account. From here https://cex.io/maintenancefee is $0.26/month for 1 GHS which makes 0.26/660 = 0,00039 BTC/month which makes 0.000013 BTC/day So for the current difficulty, each GHS makes a net of about 0.000035 BTC/day. For the upcoming diffuculty, each GHS will make roughly 0.00003 BTC/day. and on Cryptsy, it'll make 0.000043 per day, which is why it doesn't make sense that they're at essentially the same price right now again, not that I think either of them is worth buying, but it just shows the general stupidity out there |
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Not that I'm too keen on either price, but buying on cex.io at 0.0072 or whatever it's at now would be stupid or possibly uninformed, since MN2 on Cryptsy is the equiv of .0075 per GH right now, and it doesn't charge that 30%+ maintenance fee that cex.io does (or is it 40% now, after the difficulty increase?).
ed: I'll call it 35% after difficulty increase, since it used to be 35%, they cut the fee by 13%, but the difficulty is about to go up 13%.... so then the MN and MN2 on Cryptsy should be valued near .001.... or cex.io should be worth a shitload less.
i'd need cex.io around 2.5c (ed2: oops, I mean 0.0025) for me to be interested, the cryptsy stuff around 4c (0.004)
err, that'd be MN would be around .01, MN2 around .1.. if you based it off of what people are paying on cex, anyway... gd, fixed |
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nothing. if you believe the bitcoin price is going to go up, buy bitcoins.
the only ASICs you can buy for the last year or so, sell for 300%++ the value they should. too many ignorant people out there
(the new scrypt ASICs are insanely overpriced as well)
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connecting to a single fast node is faster than downloading bootstrap, unless you have an incredibly slow internet connection (and a really fast computer), where the compression of the bootstrap file would be advantageous
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PBMining has the best price per GHs. But it's not a trading site. You buy your GHs and hash for 5 years. 90% of your return on investment will probably be in the first 6 months. Do the math and it might actually be worthwhile. I made a sizable investment (for me) a couple of months ago and I've earned about 60% of my initial investment back so far.
lol, that's putting a lot of trust into a place to still be around in 5 years. cryptsy's mn1 and mn2 can be traded, and right now 10ghash is priced at .073 , which is essentially the same price it is on cex. the difference is that cryptsy doesn't take away 35% in maintenance fees, like cex does. |
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Not that I'm too keen on either price, but buying on cex.io at 0.0072 or whatever it's at now would be stupid or possibly uninformed, since MN2 on Cryptsy is the equiv of .0075 per GH right now, and it doesn't charge that 30%+ maintenance fee that cex.io does (or is it 40% now, after the difficulty increase?).
ed: I'll call it 35% after difficulty increase, since it used to be 35%, they cut the fee by 13%, but the difficulty is about to go up 13%.... so then the MN and MN2 on Cryptsy should be valued near .001.... or cex.io should be worth a shitload less.
i'd need cex.io around 2.5c (ed2: oops, I mean 0.0025) for me to be interested, the cryptsy stuff around 4c (0.004)
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I set a pool back up at nogleg.com:1911, it's a p2pool acting solo.
ed: now on sloth.nogleg.com:1911, and 107.155.104.194 to sync
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haha, 10ghash for $300
butterflylabs sets a fine suggested retail price
that gizmodo article is wrong, you wouldn't break even ever (unless you found some bigger sucker to buy it used for around same price). 30 years? pfft
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