normally they would say everything is running well and smooth.
That sounds to me more like the western style of news. And thanks for the numbers, now I have all that's need to start from, all I need is to find the time and mood to think about what I need to do, and this is a pain in the ass, I don't feel like doing plans when I know the results won't be pleasing at all and mining at a loss is not something I'm going to do, ever!
No problem man, anytime, especially in the few coming months since I started real shopping and I check prices almost every day, the first batch I got for this discount season was 1PH worth of Whatsminer M21s, at a price slightly below 8$/th, with shipping + accounting for difficulty spikes and a moderate failure rate, they should ROI in 6 months, which I can't say I am totally happy about given that we are in a bear market and ROI should be like half that period, but here we are months into the bear market and things don't seem to go as bad/good as they did in the previous bear market, so I will slowly increase my hashrate in the next coming months and hopefully the average cost/profit ratio will be good. And please, don't mine at a loss, it's annoying when people say I mine at a 30% loss because I know BTC will be worth 10 times more in 4 years, come on! where is the logic?
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What we see on the site stratumprotocol.org on its main page it says this: Stratum V2 is the next generation protocol for unified mining. This increases security, increases the efficiency of data transmission and reduces the requirements for the mining infrastructure. There is no question of any individual creation of blocks, the protocol simply improves the interaction between miners, the pool and the blockchain to increase the efficiency of joint mining.
The blocktemplate creation by miners is an add-on feature, it's not the backbone of Stratum V2, the miner firmware needs to implement it and the miner owner needs to choose whether to use it or not, many people are skeptical about this, some people think things could wrong and pools would start losing blocks due to miners adding unverified transactions by mistake or for any other reason. Personally, I think it's too early to judge, I believe the extra encryption and using plain binary instead of JSON will lower the bandwidth usage which is great (of course, assuming the miner doesn't care about the transactions and just sticks to the V1 principles of receiving work and sending shares to the pool). Such a transition would probably take years, but I am confident that sometime in the future every pool and every miner would be using Stratum V2 after it has matured and become stable.
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miner is released and should arrive on wednesday.
That's good news, I think you will still get it earlier than what you initially thought despite the delay in customs because they shipped it out in less than a month contrary to the agreement. Do you plan to run custom firmware on it or just stock settings? I think the upside of buying Bitmain over other brands is the ability to tune the miner, I see people report 24w/th on the S19 pro with underclock settings, 5w/th saving could make a huge difference in the price tanks at some point. I would take any news that comes with political sauce with a grain of salt.
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Well my package legit buy from bitmain with KYC is now held in customs since friday. package was due yesterday. so much for obeying rules.
Better safe than sorry, products getting stuck in customs isn't unpopular worldwide, I had a similar issue before with bitmain back in 2018-2019, they lost my 2*L3s package, DHL said they wouldn't answer any of my questions since the package was "owned" by Bitmain and that Bitmain should contact them, Bitmain, on the other hand, told me to go read the terms which state "once the miner is shipped, ownership is transferred to the buyer and we are not responsible for anything that could happen". So I had to go through a dozen emails and calls, turns out DHL mistakenly sent the miner to an address somewhere in Europe, got stuck in customs or something like that, and took way too long to get finally, probably the gear lost half of its value by then, so ya, that's a part of the game we play, I hope you get your S19 pro soon.
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Crypto mining companies need to start building more profitable miners for consumers to jump right into mining again
I am looking at the difficulty chart and it seems to disagree with your statement, consumers are stacking mining gears like there is no tomorrow, and mining manufacturers don't seem to be worried about their miners not being as profitable as anyone would imagine them to be, in fact, nobody gives a damn if someone who has a 20c/kWh rate is trying to compete in a field which depends 90% on the power rate. So no, I don't think mining manufacturers need to do anything different, you know who needs to do something? it's the people who are under the impression that mining is a life hack to make you rich in a few months, those people need to wake up and smell the coffee, people can't just order a dozen mining gears and think they will end up making a profit, for the same exact reason people don't go around starting their own coffee shops, clothes shop or casinos. Mining is a complex business at its core, it's nothing different than starting a traditional business, if you open up a bar in Saudi Arabia -- it's nobody's fault that nobody entered your shop, and the beer company has to do nothing about because that beer sells just fine in the Czech Republic.
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شخصيا لا يمكنني اعتبار الون ماسك قد تخلى عن اوكرانيا او عن مشروع ستارلينك بهذه الخطوة و لكن من الطبيعي ان لا يكون قادرا على تمويل المشروع الى ما لانهاية خصوصا ان كان لا يجني منه اي ارباح تذكر.
لست متابع جدا لاخبار الون ماسك ولكن قرأت في احدا المقالات انه لم "يتبرع" بشي بل قبض ثمن كل شي من الجكومة الامريكية, ولكن هدا ليس مربط الفرس, لقد تم فعلا انقطاع خدمات ستارك لنك في الشرق الاكراني, عقب تغيردة الون ماسك التي كانت حول السلام في اكرانيا واجراء انتبخابات في الاقاليم الشرقية للبلاد, فسرها البعض انه تراجع من الون في دعم اكرانيا لكي لا تتمكن من دخول تلك الاقاليم مجددا, فسرها البعض الاخر ان الون يعرف ان هزيمة روسيا في اقاليم شرق اكرانيا يعني ان الحرب قد تأخد منحنى جديد قد يصل الى استخدام الاسلحة النووية, واي شي من هدا القبيل سيكون مدمر للاقتصاد العالمي وبحكم ان الون اغنى شخص في العالم فسوق تكون خسارته كبيرة جدا. التفسيرات والتحليلات كثيرة ولم نعد نعلم اين توجد الحقيقة, المهم في الموضوع ان ورقة الون مسك قد احترقحت في عالم الكريبتو وحتى تغيرداته لم يصبح لها تاثير على كبير سوق الكريبتو كما كانت في السابق, وهدا شي جيد.
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If it's not that much of a bother,
It is, but can't say no to an old friend who so happens to be a fellow, optimistic miner. can you quote some prices for the s19s series, used ones? Here are some randomly picked offers for today Used S19 95th $1800 > usa S19 pro 21$/th > usa S19 95t $1650 > China New S19 90th $1650 > hk S19pro 100T &1800 > hk Oh, and what I mean about prices is not the one people are asking for, if you have some information on the price at which gear is actually bought, not staying 6 months in a warehouse waiting, I need to do a little planning. Hard to tell at which prices people are buying, judging by the verification process that goes on some of those groups where people report successful deals, there doesn't seem to be much of action even at these prices, also by looking at the last item listed you would have probably come to the same conclusion, some sellers are selling cheaper than Bitmain, so they bought those $1900 deals with a 30% discount which is $1,330 + the coupon value which is roughly 30% of face value so 1330+ 171 = $1501 and they want to make an easy $300 profit. Mind you, some folks in the U.S would still get that deal knowing that the seller secured an easy $300 profit, you know why? because most of those Chinese resellers will declare the shipment at a ridiculously low price (like $200 per gear) and then trump tax becomes almost nothing, so, 1800+50$ tax + shipping vs $1501 + 475 1,976+ shipping for a direct bitmain purchase. 1,850+ shipping through those resellers. In fact, one of the suppliers I used to deal with told me they can deliver mining gear to the U.S at almost zero tax, don't ask me how because I don't know, but I am pretty sure they have their ways, this explains why in most cases U.S small miners are better off buying from U.S resellers who deal with those Chinese to re-route the shipment and trick the law.
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You can't figure out if your miner is infected or not just by looking at the kernel log, but usually, if you can't edit the pool details it means the miner is infected, you mentioned something about not being able to change the pool details but the kernel log states 01-01 19:34:23.00 E cgminer[22640]: Most likely you have input the wrong URL, forgotten to add a port, or have not set up workers 01-01 19:34:23.00 W cgminer[22640]: Pool: 0 URL: stratum+tcp://us-east.stratum.braiins.com:3333 User: ...... Password: 01-01 19:34:23.00 W cgminer[22640]: Pool: 1 URL: stratum+tcp://us-east.stratum.braiins.com:3333 User: ...... Password: 01-01 19:34:23.00 W cgminer[22640]: Pool: 2 URL: stratum+tcp://us-east.stratum.braiins.com:3333 User: ...... Password: Most viruses use Nicehash and not braiins/slush, so I assume those entries are yours? also, did you try sdcard flash?
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The only way it does not happen is the Russian vs Ukraine conflict ends in the next 10 days. As I think that would spark a huge rally world wide.
It's more like NATO vs Russia now, which unfortunately could very well last for a couple of years, I think the market will adapt and overcome before that war ends, hopefully sometime next year then U.S inflation starts to come down and the fed starts injecting money in the markets, of course, this whole thing change, if China decides to take Taiwan and the U.S, decides to intervene, that would bring us back to square zero and we would need to wait for another year, two or a couple of years. The current pace is 104% gear prices have dropped massively this week in HK and China.
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and we are in the hole. for six cent mining.
btw this almost never happens.
by nov 7-9 we will know just how bad we are.
I think it did happen close to the button of the 2018 bear market, where the most efficient gears at 6 cents were barely making any profit for like a month in Nov 2018, that's when miners really capitulated and almost 6 months' worth of hashrate was wiped out in a month, so whenever we get to that stage, I would expect a 20-30% drop in difficulty to happen, probably coupled with a drop in price as well (like what happened in 2019 we fell from 6k to 3k) so maybe now we fall to 13-14k right around the difficulty drop and then we start to recover slowly.
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So, if we wanted to allocate a % of hashrate to a solo situation, using something like CK pool would be just as effective as mining to a node we had onsite/physically closer to our miners, themselves?
On paper, mining against your own node is "better", but in the real world, it's not, because running mining a node is not easy, and there is a huge difference between just a node and a mining node, a mining node needs to be perfectly connected to the other mining nodes, letting the other miners (in today's world 'pools') know that you found a block as fast as possible is key, so that they stop working on the current block and thus reduce the chances of orphan blocks. In fact, I won't be surprised if large pools have some other means of communicating outside of bitcoin network to allow fast block proportion, also if your node goes down for whatever reason like a server issue, the consequences for a mining node are devastating, not saying it's impossible, but it's close to impossible to maintain a mining node on your local PC with your home grade router and an internet connection, you need to spend a good amount of money for a dedicated server that meets all basic requirements. Solo pools do all of that for you for FREE, and charge you a tiny bit of fee in the event of finding a block, I say free because it's free, they charge you nothing if you don't find a block, which isn't the case when renting a server, you will have to pay those fees wether or not you find a block, so really, it's a no-brainer when it comes to mining, if you want to run a mining node for the sake of helping with BTC decentralization -- go for it, but don't risk losing a whole block while paying more fees just to mine BTC. That's the takeaway I've came to with this thread. The orphan block comment was mainly what I was trying to understand, I guess. Ya, it's pretty much that, just think of it this way, if large pools with mining nodes spread all over the globe using super high-end servers and dedicated gigabit connections still lose orphan races once in a while, how bad is it going to be for me running a mining a node on my 3 years old laptops with 10mbps shared connection? What about working with smaller pools? Is that a thing? Where you combine forces/hashrate to a solo-like endeavor with a group of other similar minded miners trying to survive. ? You can use trusted small pools like Kano.is, the total hashrate there is pretty small so if the pool happens to hit a block, you get some heavy payouts, other people like willi9974 use a different approach where he collects say 10 folks, each of them pays x amount of BTC and they rent some good hashrate and point it to cksolo pool hopping to hit a block.
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موضوع ممتاز بصراحة, اتمنى ان تغير عمود الحالة لشيء يرمز لحالة الحملة الحالية وليس فقط (جديد \ قديم) لانه هدا التصنيف لايكفي, يجب ان تكون الحالة مشابه للموضوع الاصلي OFNP || مفتوحة للمشاركين الجدد PNYC || لم يتم تأكيد الدفع بعد FLUX || الحملة في حالة تغير مستمر بين الإغلاق والقبول CFNP || مغلق للمشاركين الجدد
اعرف ان متابعة حالة كل حملة سيكون متعب نسبيا ولكن يمكن التحديث مباشرة من المصادر التي استعمتلها يعني مثلا مرة في الاسبوع او مرتين في الاسبوع ويفضل ان يكون ترتيب الحملات المفتوحة للمشاركين الجدد في الاعلى.
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well 4.9% still sucks unless we get over 22k and stay there
Miners who use 30w/th or less and have a power rate of 6 cents and below are still way above water even at current prices, we still have our ways to go, either more difficulty increase (20-30% increase) or a similar negative percentage in price, when people who pay 6 cents and mine with S19s are no longer profitable, we would start to have some nice difficulty drops, we are not there yet.
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Wow, it took long, but apparently 1miau had a strong comeback on this one!
It's so scary how those 2 years passed like 2 months. The battle is heating up!
Except for the fact that I am not even half as motivated as I was back then, I don't think there will be any battle here, 1miau will beat me hands down.
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Bitcoin addresses are not automatically anonymous. You have to go to effort to make them ... mostly anonymous ... or never use your bitcoins.
Yet another pool falsely claiming anonymity (same as solo.ckpool)
Bitcoin address is not anonymous once it interacts with the blockchain either by sending or receiving, there is nothing you can do about it to make it anonymous, a bitcoin address is by default pseudonymous given that you generate it yourself (not via an exchange that knows your real identity). Now back to the question at hand, using a BTC address vs an email address to mine, reading the above post makes it seem like using an email address provides better pseudonymity which is questionable. Using a pool that needs only your BTC address means the only thing you risk revealing is a BTC address, using a pool that requires an email login, means you are revealing both your email address and BTC address to the pool itself only (unless the pool's data is somehow breached then both your email address and BTC address would be public which is even worse), so it all boils down to how pseudonymous your email address can be, if you create a Gmail account which requires your phone number and your mother's last name and then you use that email on a pool, it's a lot worse than using just a bitcoin address despite it being broadcasted every 30 seconds or what so ever. Now all of that is only relevant up to the point where you get the payout to your address, how you handle those transactions will determine whether that address remains pseudonymous or not, which really leads to the conclusion that there isn't that much of a difference between the two types of a pool if you know how to handle your email address and bitcoin wallet, so to me personally using only an BTC address is just more convenient and requires less computation/maintenance on the pool's server, it has little to do the anonymity, pseudonymity or privacy of the pool.
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With all due respect to OP, who in their right mind would risk a whole block? this would make sense if there were no other solo mining pools which have been there for years and proven to be trustworthy, it's true that Cksolo charges 2% but 1% more fees is nothing compared to risking a whole block, there is another trusted pool with even lower fees than OP's pool that charges 0.5%.
I am not trying to let you down if you are honest and not trying to scam, but why waste time and effort in making something that probably nobody is going to use? anyway, good luck
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Latest Block: 758139 (25 minutes ago) Current Pace: 121.8611% (124 / 101.76 expected, 22.24 ahead) Projected Epoch Length: between 11d 11h 43m 25s and 13d 16h 48m 47s That 121% was scary to say the least, we did settle down at 113% for a while but now luckily we dropped Latest Block: 758685 (3 minutes ago) Current Pace: 104.7546% (670 / 639.59 expected, 30.41 ahead) Previous Difficulty: 31360548173144.85 Current Difficulty: 35610794164371.65 Next Difficulty: between 36554537184896 and 37350674819937 Next Difficulty Change: between +2.6502% and +4.8858% Previous Retarget: last Monday at 12:50 PM (+13.5528%) Next Retarget (earliest): October 23, 2022 at 9:35 PM (in 8d 22h 9m 4s) Next Retarget (latest): October 24, 2022 at 4:23 AM (in 9d 4h 56m 57s) Projected Epoch Length: between 13d 8h 44m 58s and 13d 15h 32m 51s
This can't be pure luck, it seems like some large players were forced to shut down or maybe downclock their miners! Current hashrate is about 260EH, 10% is 26EH or 26,000,000/140th (S19 xp) = 1,857,142 s19 xp at roughly 600MW worth of power, logically speaking we should not see a 10% increase anymore, in fact, if this epoch ends up + then from there own, we should not see even 5% increase moving forward.
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Pretty simple, by checking the status page or the kernel log you will see which board is bad, regadless of the numbering be it 0,1 and 2 or 4,5 and 6.
Then look at the control board where the ribbon cable plugs, there will be some labeling that corrposned to the hash boards numbers, in fact, even if the labeling on the control board was different it does not matter if says 0,1,2 or even a,b,c you just need to figure out the sequence for one miner and apply the same logic to the rest.
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now a reliable supplyer for second hand machines in portugal is overpriced as fu.... like an s17 pro cost 3000 euros wili in china cost 700 USD Um, welcome to the world of economics? Resellers have to pay for the miner + import taxes/VAT, shipping, etc. + make some money otherwise what's the point? Since you don't live in China that's just how the world works. The logic is indeed correct, but making a 2300$ profit on a $700 investment is unreal, not with the given market condition. OP, you need to make up your mind on what gears do you actually want, that is the first step, the rest is easy, the Chinese resller i deal with provides DDP shipping which takes care of all custom and stuff, if they happen to have the gear you want at the price you like I will connect you both to deal directly.
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shiped to portugal well not entirly not caring about power becouse even if is free power is not unlimited and i have around 150kva of power to use . and the s9 generation consumes half the power of new generations for 14th only plus the shiping fees is amost the same so trying to get some balance here since i plan to drain about 130-140 kva leaving a few marging error for air circulation and lights some advices are welcome
So roughly 120kw, i believe the best balance would be something in the 40-60 w/th, maybe m21s or m20s, each needs about 3.3kw, the m20s is about 62th on average, m21s is 52th on average. So you can squeeze in about 35 of them 35*52 = 1820th or 35*62 = 2170th Of course the m21s will be slightly cheaper , both will consume roughly the same amount of power. Keep in mind those will be used, brand new will be m30s, same power with an average of 82th instead.
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