Not sure why you think the data from the miner to the pool is irrelevant, I think it requires more computational resources than the former, and the block template/work sent by the pool is nearly identical to all miners (with some pre-determined minor changes), the submitted shares need to be checked individually and thus probably require a lot more resources.

So while the "traffic size" from the pool to the miner is larger, the "computation power" is higher for the return route, correct me if am wrong.

With that said, we are talking about a few hundred bytes exchanged every "MERKLE_REFRESH_INTERVAL" which is probably 30/60 seconds for most pools, any decent pool should be able to handle hundreds of thousands of miners regardless of their hashrate, I am not aware of any mining pool that requires a minimum hashrate, they all have minimum difficulty and that's all about it, you can mine with a Pentium 1 CPU if you wish, it's all just matter of getting any valid hashes or not.

On a side but related note, posting consecutive posts is against the form rules and might get your posts deleted if someone reports them or a mod sees them, please edit the first post to include the other 2 replies and delete those.

Good luck.

I think 0.2th - 0.25th is and will be for a good period of time enough hashrate to reasonably connect to any mining pool, it's completely fine if I get a valid share every 5 mins instead of every 5 seconds, the pool manages its resources through share difficulty and the hashrate of the device is irrelevant to them, they maintain certain traffic between their server and your miner/proxy by raising/lowering the difficulty.

Now the real question is, what is the price tag? I know you said you don't know, for you to get answers you need to find the answer to that question first, i might be interested in buying a few if it was $50, maybe buy 1-2 if it was $100, ditch the idea altogether if it was $200, so ya, sadly, it all boils down to the price.

Indeed, I am not saying nicehash is worthless, or that people should not use it nor am i promoting another service, this topic is not even intended for how and what you should use nicehash for, this topic was to "expose" the marketing lies made by nicehash, which also reflects well to all other hash rental services, i find it annoying that when just so happen that some other x sha256 coin is paying well and suddenly NH is paying 6% more than mining directly to a BTC pool, you see NH posting that shit all over the internet, bragging about how you will make more profit when you mine to their service.

On the other hand, when THEY are paying 20% or 30% LESS than the average pool, they keep silent and don't mention anything about it, I am not asking for too much, not expecting them to come out and say (we are paying less now, use something else), all am asking is for them to stop doing these marketing lies, in other words, to keep their mouths shut in all cases, including those of which they pay more.

If any thinks that's a fine way of promoting your pool, then any pool that gets a lucky streak for 24 hours and post on their Twitter and here about how they pay 20% more than the average pool, and then on another day when they pay only 80% they act as it has never happened and everything that is left for the newbies to see is that "we are paying 20% more" which was true for x period of time, but despite it being accurate then, it is still a marketing lie.

Pretty wrong to refer to power consmption as X wat per X time, so this part


It is either just MW or MWh (mw hour), only the latter cab be linked to time, you probably want to decide which unit to use so that you can strengthen your position and be taken seriously.

Now, with all the things in the post, you are likely going to need a solid proof first, then, try to reach out to independent media in your country, it would be more affective than just posting here.

Hope you find other people here who are willing to support your case.

It could have flashed the firmware but just so happened that it is the same version, to confirm if it went through or not, you would check your pool settings (should go back to default settings) and the miner's ip settings (back to dhcp).

Try BraiinOS, it should boot from the sdcard without flashing to nand.

But in the first kernel log he posted it was not showing 0 asic for the bad hashboard, which is why we started talking about the EPROM, if shows 0 asic then that is a different story, it is likely the hashboard is dead and needs repair, in other words, it is unlikely to be software related.

Wait, the new logs you posted is telling a different story from the one in the op


This shows that the 3rd chain is dead, in the op it was chain 0 ( labeled 1 in the GUI), did you swap these two hashboards?

All legal stuff aside and assuming you got that handled, the real question is (how much power can you use?) This is will be the most important factor to decide what gears you should buy, buying just whatever is cheapest is a terrible idea, when you answer this question I can suggest a few models that would fit you best.

This could very well be an EPROM related issue, it would have been very helpful if you were able to install custom firmware on this type of control board, there is probably a way to get in using SSH or something else, I'd try to contact BrianOS and Vnish folks (AwsomeMiner to ASIC.to) and ask if they have a way to burn their firmware on this weird control board.

Custom firmware ignores that voltage setting stored in the EPROM and can many times fix such issues, if there is no option, you are going to need a pro to fix it, they will probably start by copying the hex from a good board to the bad one.

It was 2.17% , the last 60 blocks were found pretty slow, slow enough to bring the pace from 103.3% to 102.17%, either bad luck or a lot of hashrate left at the end of the epoch, still 2% is a lot of new gears, price has fallen slightly below 25k, overall, a bad month for miners compared to the a few previous months.

Indeed, and that's a very risky bet to be completely honest, I mean, we all are betting on the price to go up long term, and that's pretty fine, but betting on both price and time has some serious consequences if x doesn't happen before y is asking for too much, they are going to need a price jump BEFORE the halving, none of these large guys will be doing fine post halving, and then it's only a matter of time before the great collapse if the price doesn't make up for the halving.

It will be fun to watch to watch these things unfold.

How do you know your miner is connecting to a server in the U.S when you use other pools? It could be connecting to EU server since most pools have one there, besides the U.S is rather large, servers located in the east side of the country will have lower ping time than those in the west (as far as EU and Africa is concerned).

That p.s many other technical reasons that could affect your ping results,  114 is pretty decent, way better than my average for sure, don't worry at all, keep mining.

It's highly unlikely to be an ISP related issue, it's mainly about your geographical location and the distance between your miner and the pool's server, someone who lives next door to wherever the server is located will have less latency then someone with 10x faster internet connection but lives on the other side of the world.

As far as I know CKpool has a single server in the U.S, the other large pools have different servers in different locations which is probably why you are getting better results in terms of "ping", but, you need to be really far and have a shitty connection to have a ping high enough that would affect your mining operations, it isn't exactly accurate to just ping a pool's website, but it's good enough to get some results, so if you ping Ckpool and it doesn't take more than 200ms or so, you are good.

I personally tried mining to a PPS pool while being behind a VPN of another country in a different continent, mining to a pool in a completely different continent on the other side of the planet, and my rejected/stale shares were close to zero, the overall ping for that route was no less than 300-400ms and it was all good, I am not telling you it's perfectly safe to mine with 300ms, most pool operators won't take the risk of giving the green light because nobody wants to be held responsible, so they will generally tell you to try and keep it below 200ms (most of them won't even give you a number, to begin with), but based on my own personal experience, you will be good with up to 300ms, if you could bring it down to 30ms, ya even better, if not -- still works.

Different ports handle pool difficulty differently, there is no way your miner would work better/worse just because of that, using high difficulty means fewer shares reported to the pool but every share is worth more, reported hashrate will fluctuate when you use high diff on a slow gear, eventually it will catch up and average out, but it would be pretty normal to see a 100th gear reports 500th and then 5th, but that doesn't change the fact that it's nothing but a 100th gear.

You and the pool want something in between, something reasonable, not too low that submits every share every ms and puts stress on the server, your router, and everything involved, also not something too large, where your miner needs 30 mins to find a share above the set difficulty and gives you all those wired readings and then you don't know what's the real hashrate your miner is getting.

Note that, all of that has exactly no effect on your chances of hitting a block, any share that hits a block would be greater than the difficulty set by any port/pool, but to ensure a smooth operation, always just use the ports specified by the pool operator, if it tells you port x is for rental, it really means it's for rental, using it to mine directly could create issues along the way.

It could go up if the difficulty affect is greater than whatever interest they pay for the gear, right? I mean if difficulty is 1 and you need 1 S19 that uses 100$ to mine 1 BTC then your bare cost is $100, if difficulty jumps to 2, you will need 2*19s to make 1 BTC OR run the same S19 for twice the time which also means double cost, so in that case the bare cost is $200.

I believe it will only get worse for them because the difficulty increases more than they can afford to expand, a 10% increase might be 9% from other players and only 1% comes from your company, in order for them not to be affected by the difficulty they will have to keep adding gears every 2 weeks that matches whatever the overall network increase, I would imagine at such scale it would be pretty difficult to accomplish.

Mara has at least 13.5EH, to match the next 3% spike they need to add 0.4EH or 2,857 S19 XPs and 8MW worth of power, there is no way they can keep doing that every difficulty epoch, so until all those large players sit together and decide to stop taking away from their own profit, they will keep making things worse for each other, if they add gears they increase their debt and loans they have to pay, if they don't, they will make less BTC and that will increase the overall cost of their operations, I don't see how things can get better without either a difficulty drop or a price increase.

Probably the deposit page



We as campaign participants don't have to go through that page which is probably why you didn't see it, but anyone making a deposit would notice the 0.001 BTC minimum deposit which also applies to the mining campaign, this was also confirmed in their message to you (100k sats = 0.001 BTC) your deposit/leftover was 0.00046059 BTC which doesn't qualify for APR.

@GazetaBitcoin, was your balance over 0.001 BTC?

According to the source, it says

https://theminermag.com/data/overview/all-in-bitcoin-mining-cost-estimate/

Doesn't mention anything regarding gear upgrades, but could be factored in, the "interest expenses" part I don't understand.

There is another chart for production cost which only takes into account the "electric bill and direct site maintenance expenses but excludes depreciation and amortization expenses", that number shows 15.2k, so that 7k jump could come from the interest rate and the loans they have to repay, takes someone who understands all those terms to come up with an accurate answer, that someone is surely not me.

Indeed, but looking at previous cycles, things seem to repeat quite well, in all years before the halving, the second half of the year wasn't good for the price, also no major price spikes neither before the halving nor a few months after it, and I rather believe that things will repeat than be different this time.



Those are figures they report to the SEC, it would be pretty damn risky to lie about it, besides, why would you do that anyway? also, by looking at how much BTC they mined this year vs how much they sold, they pretty much sold a lot more than they mined, which also suggests that their mining cost is rather high.

As we both agree on, the game now seems to have changed, it was China back then, now it's the U.S.

I think one important thing to look at would be how much it costs those large players to mine BTC, we have to assume that SEC Filings are accurate


All-in Cost of Bitcoin Mining Q1 2023

Core 16.8k
Mara 22.1k
Riot  13.6k

Now, of course, these numbers are bound to increase since the difficulty is increasing every month, it's a quarterly report which means it only represents the first three months of the year, but let's just assume they exchanged some older gear for new ones to offset the difficulty increase.

This means, a somewhat good difficulty reset will not happen unless we drop below 22k and stay there for a while, a MAJOR reset would happen if we fall below 20k and stay there for a while, at current prices, those large players can still afford another 15% difficulty increase, maybe up to 20%, current difficulty is 51.23T, we could probably easily push to 60-65T without the need for price increase, anything above is that will be extremely difficult and very difficult without a price increase.

Where do I see the price going? I think more down than up, we will likely spend the rest of the year going sideways with more down than up, probably something between 19-21k is going to be reached before the end of the year, I think some difficulty reset will happen in early 2024, and a major hashrate capitulation will be post-halving since the price increase that everyone is counting on won't happen until 2025, this is just how I view the market.

The writing was on the wall, you have a small company with a few repair folks, and then out of a sudden Bitmain sends out a couple of hundred thousand 17 series, 40-50% of them failed within a few weeks/months, they all needed repair at the same time, orders start coming in, you don't want to reject repair tickets, you keep bringing in more gears than you can repair, and then ka-boom.

You need up with dozen gears on the shelves, and thousands of angry clients as well as workers, a year later, that gear is worth little to nothing, no worth fixing, a complete mess created by Bitmain and made worse by all the greedy and incompetent repair centers, this isn't just ASIC Master, it's safe to assume that 90% of those repair companies made the same exact mistake.


Good to hear you have patterned with Scott, we did all we could to lift the ban on his account, but alas, these things take forever to happen.