Yes, they do, but not instantly like most people expect/hope, it can take months, and it will depend on the demand, unfortunately, many people overpay for mining gears, so they pay 7k for S19 today, and even if the profitability drops by 25%, they will still pay 7k, so this kind of "dumb demand" slows down the price drop.

Another factor would be the sellers refusing to sell at lower prices, they will hold for as much as they can, in hope of a difficulity drop or a rebound in the price so they can sell for higher prices.

These two factors plus a few others I might not be aware of, they keep the price from dropping, especially for brand new gears, used gears drop a lot faster in price.

I still recall that right after the halving when profitability dropped by 50% instantly, gear prices didn't flinch until weeks had passed, so I expect this time it will be the same, but profitability has to stay low long enough, if we rebound soon then gear prices will not drop.

Ya, that was my question, if the pool doesn't pay charity, how can you claim that they pay more? most PPS pools are either FPPS or PPS+, depending on the average transaction fees at any given period, FPPS could pay more than PPS+ or vice versa, and then in both cases, the little difference will be determined by the pool's luck which isn't something they can control, so how can you claim that pool A pays more than pool B given that pool fees are the same?

it's only 50gh, pretty close to nothing as far as today's mining is concerned, it will still work, but why not get a new model of those USB sticks that can hash at 20x the speed of this model? but anyway, they will still work, it's just the speed that matters.

How does it pay more, is it a charity?

I would advise against mining to any U.S based pool, those pools are subject to weird American laws, look at what foundry pool does, they blacklisted dozens of addresses of which they don't include any of the transactions related to those addresses just because the U.S government decided to blacklist those addresses for whatever reason, does Luxor pool do the same? if not, how could they go under the U.S radar by including transactions of addresses flagged by the U.S government?

Sooner or later all U.S based pools might be forced to mine what's called "clean blocks", it's a very bad thing for what bitcoin stands for.

If you want to buy large quantities I can connect you to someone who has ready stock in the U.S, I have other resellers who can arrange DDP shipping from HK to the U.S, but most of those folks have 10 MOQ, do let me know the quantity you are looking for and I should be able to help.

No, no, NO..

Those so called bots do not mine bitcoin, mining bitcoin is done using ASIC miners which are made for the exact purpose of mining bitcoin, they cost a lot of money and need a lot of power to run, the clicking you do on those websites is either scam or it generates revenue through ads, they call them mining bots to trick you or to otherwise scam you.

Has anybody here bought this script from you?

This is exactly what this exact pool does, we all mine together to one pool, which increases the odds of finding a block for the pool as a whole, but then only the miner who gets that lucky share will get the reward regardless of how big or small his/her hashrate was.

This is called a solo pool, which is just a replacement for the old solo mining where you had to run your own node and mine to it, mining to a solo pool saves you all that trouble, besides, having close to 100% uptime and very fast connection isn't something the average person can do/afford, which is why we use a solo pool.

The other "normal" pools work the same, it's just the payout that is different, you get paid based on the number of shares you submit (essentially your hashrate speed), there was another pool scheme (forgot the name) that had a sort of a hybrid approach, the block finder gets like 25% or something like that of the block reward, and the remaining is divided between all miners including the one that hit the block, each based on the number of shares they submitted which is sort of stupid if you ask me.

I admire your desire to come up with a new pooling concept, but as it stands right now, everything you may think of has already been done.

You have to pay a lot more to convince anyone, Asicboost saves on average 13-18% on power, so let's run the numbers.

profit today = 0.15$ per th and S9 with 13th gets 1.95$ a day.

Asicboost activated> 88w per th, so a 13th S9 takes 27.4 KwH every day

Asicboost deactivated> 103w per th, 32.1 KwH

so about 4.7 kWh a day per miner so an extra 0.235$ per day for 5 cents rate (could be higher but I doubt anyone with higher rates still run S9s) and that puts you at 1.95+ 0.235 = 2.185$ and that is 12% more than a PPS pool.

Plus, S9s with Asciboost activated run A LOT cooler, and require a lot less cooling, so there is more cost involved when running them without Asicboost, also the lifespan of the miner will be reduced for running hotter, so not even that extra 12% can make up for all of that.

To add more insult to injury, the vast majority of S9s run on firmware versions that do self-tuning to squeeze a lot better efficiency, anywhere between 70w to 80w, and those firmware don't have a non-asicboost version, so it looks like the 12% can be anywhere near double.

I have a few hundreds of S9s that have been tuned and mining at the best efficiency they can, took a lot of work to get them to the stage, and having to flash an old non-asicboost firmware will take a lot of work, I personally won't do it unless it's an offer I can't refuse, and given that this is going to be done for research purposes, I doubt it's worth it to give me such an offer, but hopefully, you get a good offer from someone else, just be careful of scammers and use escrow.


S9ks don't have Non Asicboost firmware, Bitmain didn't write one, and nobody else did.

Not really, GPUs and actual computer hardware topics are still there, and will be there.


I don't think so, when that board was created there was little to no ASICs, if you scroll back a few years, you will see that most people were selling their PCs, Laptops, and related parts, recently since mining bitcoin (as well as many other coins) is only done on ASIC miners, that board became dominated by ASIC topics.

The thing is, ASIC miners only interest people who mine with ASICs, those are unique and specific users, the rest of the members who visit that board do it to shop for a laptop, headphones, a new ram stick, or anything computer-related, and on the other side, someone who wants to buy/sell an ASIC miner will have to filter those users selling their PC parts, it's just a mess because the audiences of both categories are different.

That would be confusing indeed, although I am confused about how you got to that confusion (Maybe because I forgot to mention "Goods" in the title?)  , anyway, the indexing I am suggesting is

Marketplace> Goods > ASIC Miner.


That works too, but I think ( Marketplace> Goods > ASICs ) would be better, ASIC miners by market definition aren't exactly computer hardware, and since there are more topics regarding ASICs than anything else "computer", they might as well get their own child board right under the Goods' board, at least IMO.

The Computer hardware child board has really become such a mess, I know the rules/preference is that certain subject needs to dominate in order to have it's own child board, and as it stands right now, the Computer hardware is dominated by ASIC miners.

Looking at the first 20 topics, about 60% of the topics there are ASIC miner related, this has been the case for months (I did not cherry-pick the first page).


Someone who is actually looking for "computer hardware" in that child board will have a very hard time.

I suggest that ASICs have their own child board (for both alt and BTC).

Mikey.

Judging by his other topic on which he wants to sell the pool's code/project, it does seem like a mining pool.



Same here, I did not mean he is a scammer, but the risk is way too much, especially for solo mining, I mean if it was a PPS pool then well, all you risk is 24 hours' worth of mining, but imagine "magically" winning a whole block only to realize that you can't take it home, I mean even a longstanding pool like CKsolo has once lost a block for some technical reasons, it would be extremely hard to trust a new pool even if the person was trustworthy, I personally won't take that risk and I don't think anyone in their right mind would.

Looking at the overall picture the answer would be yes, we are helping each other and everyone else who believes in Bitcoin, it doesn't matter how you look at it, every hash straightens the ecosystem as a whole.

On the other hand, as far as the solo pool goes, unlike the normal pooled mining, only the person who hits the blocks get the reward, but then the pool gets its fees and thus can be financially self-sustained, so, ya, the more blocks person A finds, the more chances that the pool will be there for person B to use.

And then beyond all that, the fun and the joy of playing this solo game is beyond imagination, everyone here has a story and a dream, and hitting a block on a solo pool can be life-changing, it can also become an addiction, similar to gambling (with worse odds), I just hope that people maintain a good risk/reward ratio when dealing with a solo pool, don't go all in -- but don't stay completely out of it.

With all due respect, why would anyone risk a whole block by mining on a new pool? there are two types of risks involved here.

1- You could very well keep all the rewards to yourself

2- Your pool might not be technically capable of handling blocks in the first place.

One needs to be sure that at least the points above aren't valid, why would I use your new pool over another solo pool that has been there for years and found over 200 blocks?

If it's the 0.8% difference I could use another trusted pool that has 0.5% fees, which is also a pool that's known to find blocks (regardless of the fact that the owner of that pool is such a d***) he is still more trustworthy and technically competent.

هل لديك سؤال معين بخصوص جهاز معين؟ يوجد عشرات الانواع من اجهزة التعدين, ولا يمكن حصرها باي حال من الاحوال, الموضوع يعتمد على عدة جوانب اهمها

- ميزانيت الاستتمار لديك
- تكلفة الكهرباء لكل كيلو وات
- القدرة التشغيلية (الامبير او الوات الذي يمكن ان تسحبه في المكان الذي تود وضع الاجهزة به)

بدون هده المعلومات لايمكن افائدتك باي شي, ان كنت تريد قائمة باشهر اجهزة التعدين ودخلها المتوقع يمكنك الاطلاع عليها هنا https://whattomine.com/miners

Your router won't give a static IP to the miner, you have to set that manually on the miners network configuration, but that could be done later.

Please post a screenshot of the miner status and the pool configuration, chances are, you entered the wrong mining details.

Please use proper pool, nicehash is hard to connect to, they have different URLs for asicboost and non asicboost which can cause issues, try this pool.

URL:



USER:


PASS:


For the user, you can use any valid bitcoin address, make sure there are no leading or trailing spaces on any of the 3 inputs.

Sorry to hear about your father.

You are doing fine as far as mining with your father's hardware, > https://solo.ckpool.org/users/1CQHvHRYVMcRrLqSeYhZEGPrDSsTaxDyib

There is nothing wrong with trying to learn how mining works, but given the fact that your father mined bitcoin before 2016, there is a good chance that he has got some sort of a wallet in there, that would be a lot more rewarding than using his old gear which now is 'sadly' very slow and outdated.

The encouraging news is that your father's gear at that time must have mined some good amount of BTC that was worth very little at that time, so don't give up looking, before digging try to make copies of all the hard drives he has, DO NOT expose them to the internet and do not share any of files with anyone.

At some point, you might have to give out some information in regards to what kind of files you found in order to get help on how to try and extract any PKs in there, but don't rush, learn first so that you won't end up giving a wallet seed or anything that would result in losing your BTC.


Search for a wallet.dat file, bitcoin core, and anything related to Bitcoin wallets, here is a good read

Unfortunately, the discussion regards any funds and wallets won't fit here and would be removed by admins, so keep the mining-related stuff here, and the wallet stuff needs to go to a new topic in Bitcoin Technical Support

Good luck.

Yup, these rich corporates will redefine what mining is, a long time ago, there was 3-5 months ROI possibility on many gears (both in BTC and $), now the minimum is over a year, eventually, it will be like any other business where nobody including those big corporates can hit ROI in a few years.

Power doesn't seem to be limited over there, money isn't limited either, it seems like the only real bottleneck here would be the manufacturing speed, current hashrate estimation is 223EH, a 5% increase is 11.15EH, which translates to nearly 111,000 S19 pros,  to make and deploy that amount of gears is unsustainable IMO, we will have to slow down very soon, but we will never stop growing.

They paid a few extra thousands just to get their gears hosted by Compass, while the power rate was tempting in Russia, I am sure the price difference would pay the power bill at least for the first year (it was anywhere from 2k to 5k) depending on the gear price at that time, but well, sadly newbies have to pay the price twice for not doing enough research.


I can't accuse them of anything without solid proof, however, I can speculate as well. Another point is the fact that they could have delayed responding to the Sanctions, I mean come on! it's not like the U.S police were pointing a gun at Compass's owners telling them to end the deal with the Russian host right now, EU sanctioned everyone in Russia (most of them don't even matter) and they shut their eyes on the Gas companies because well, you can't hurt your own people this way, Compass could have saved those newbies if they wanted, the law isn't black and white, there is always a way to reduce damage if there is a will, but it could be that they intentionally used this excuse to force the clients to sell their gears for cheap, for all we know, the gears could still be mining to Compass "new address" after they bought them 'back' for dust, but we don't know, do we?



That's also a good possibility, Compass is known for having long delays.

What's even worse, many people paid for future orders, not sure how Compass is going to handle that, imagine selling a gear you never saw hashing for 4k or less after paying 10k or more for it, that would be more painful than having had the miner run for a few months at least.