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Nobody's present in the IRC channel either: #Nexious
I'm there... some user Torepia and Luke-Jr (not sure if that's the same one as here on the forums, but I doubt it is... why he'd be hanging around in a pool channel).
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Just to add to the drama - any emails sent to support@nexious.com are getting bounced. Delivery to the following recipient failed permanently:
support@nexious.com
Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the server for the recipient domain nexious.com by mxb.mailgun.org. [104.130.177.23].
The error that the other server returned was:
550 5.7.1 Relaying denied Not sure if that address ever accepted mail in the first place, but since I've received a number of promotional emails from it, I thought I'd try emailing it back. |
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Just an hour and a half into a 100TH/s rental, I found the first block for nexious.com. Guess the gamble paid off  . Nexious' first block is 384051. Hmmm... and now the pool website shows as unavailable. Well... let's hope that gets sorted quickly. Miners still show they're hashing away, so it's likely just a front end problem. EDIT: actually, now the miners are showing the pool as dead. That's not a good sign. First block found and the pool's website goes dark and the miners can't connect. |
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Well... according to the pool, I found the first block! WOOT!
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Just for fun I threw 100TH/s here for the next day and a half or so. Figured it worth the gamble  . Edit: by the way, I had absolutely no issues getting my NH order up and running. Sorry for the problems you had with yours, Phil. |
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I'll go with +9.6. I'm keeping my hopes up it will be under 10% |
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I don't have a clue if Nexious put the 5 BTC in escrow or not. He'd have to answer you there . Also, I'm not sure how accurate Nexious.com estimated earnings stats are. I mined here for very little time back when it first opened and I still show an expected 0.0128 BTC payout. Then again, they likely are accurate since the N value has probably not yet passed and my shares are still valid. In any case, if and when this pool finds a block, you'd get the value your shares are worth. If you aren't paid out, then you can let the scam accusations fly. That's what happened with BAN. Accusations all over the place about some rigged S3 giveaway, and payments not made to miners. That pool's model was flawed from the get go, and a lot of miners suffered for it. |
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I'm almost owend 1 btc so i'm conserend and not mining here anymore.
How do you figure you're "owed"? This is not a PPS pool. You aren't owed a damn thing until the pool finds a block, at which point you are paid for the number of shares you have at that time. Hence PPLNS: paid per last N shares. I don't know what the N window is here for Nexious, but your shares are only good for that time frame. If a block hasn't been found within that N time frame, then those shares don't get paid. |
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I hate to sound so dumb but are these empty block like dead end roads were you have to turn around after traveling down them and go find another route?
They are blocks that contain no transactions other than the coinbase one to distribute the 25 BTC reward. So, if you had a transaction waiting for confirmation, it's going to wait until somebody else finds a block. To use your driving analogy, it's not like heading down a dead end road - it's more like getting to a traffic circle and just spinning around it a few times before heading off in the right direction. who cares as long as you can keep lining your pockets.
So you wouldn't mind if your paycheck was supposed to be direct deposited into your account, but the bank just decided not to process it. a bank and direct deposit has nothing to do with bitcoin and again as long as there is a 24 hour payout from antpool who cares they pay better than any other pool I tried them all I am tired of trying pools. prove there is a better pool that supports the network and pays better or just as good and I will use it. It was an analogy. Fine let me make it a more direct comparison. I send you 50 BTC but you never get it because pools decide to mine empty blocks. |
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I hate to sound so dumb but are these empty block like dead end roads were you have to turn around after traveling down them and go find another route?
They are blocks that contain no transactions other than the coinbase one to distribute the 25 BTC reward. So, if you had a transaction waiting for confirmation, it's going to wait until somebody else finds a block. To use your driving analogy, it's not like heading down a dead end road - it's more like getting to a traffic circle and just spinning around it a few times before heading off in the right direction.I see you know my wife...  Best. Reply. Ever.  |
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I hate to sound so dumb but are these empty block like dead end roads were you have to turn around after traveling down them and go find another route?
They are blocks that contain no transactions other than the coinbase one to distribute the 25 BTC reward. So, if you had a transaction waiting for confirmation, it's going to wait until somebody else finds a block. To use your driving analogy, it's not like heading down a dead end road - it's more like getting to a traffic circle and just spinning around it a few times before heading off in the right direction. who cares as long as you can keep lining your pockets.
So you wouldn't mind if your paycheck was supposed to be direct deposited into your account, but the bank just decided not to process it. |
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Hello; i am about to buy an antminer U2 and another U1 (USB), the usb port and the mini usb fan. All that for 25 euros+ sending=35 euros more or less Do you think it is a nice price? I know it will be not profitable at all although i donīt pay for electricity. thanks It's too bad everything is so expensive over there. Do I think that's a good price? Not at all. I bought 5 U2 sticks over a year and a half ago for a total of $80 including shipping. At the time I bought them, BTC was about $450, so my entire purchase cost 0.185 BTC. That gave me 10GH/s total mining power. My expected return since then is 0.11270157 BTC. So, after over 18 months I've still not made back what I spent on the hardware. I didn't buy them for profit, however. I bought them for fun. For quite some time they've been playing the lottery by solo mining. |
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1. There is not point in waiting to broadcast your solution simply because somebody else is very likely to find a solution in that timeframe and render your block invalid. If your first block is invalid, your second one also is. So, you got lucky and solved two blocks in a row, but neither of them is going to be added to the chain, so you lost 50BTC plus.
2. The solution you found for your block is unique to you. For example if you're mining on pool 1 and find a block, that solution would not find a block on pool 2.
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So now the rest of the network has to live with pools that don't do their fucking jobs, causing longer transaction confirmation times, because miners are too stupid to stop mining on pools that are actively hurting the network.
So 100% totally this. The real problem is that miners keep right on mining on these pools. AntPool, F2Pool and company care nothing about the network - they care about lining their pockets. I created a thread about empty blocks here: https://bitcointalk.org/index.php?topic=1085800.0. The data is old, but you can see how each pool fares. Just for fun, here's the data on empty blocks since this past difficulty adjustment: AntPool - 27 of its 270 blocks have been empty (yes, that's 10%) F2Pool - 22 of its 341 blocks have been empty (6.45%) Eligius - 2 of its 25 blocks have been empty (8%) BW.com - 5 of its 68 blocks have been empty (7.35%) KnC - 4 of its 96 blocks have been empty (4.17%) Slush - 3 of its 92 blocks have been empty (3.26%) All told since last difficulty adjustment, 1459 blocks have been found. 64 of them were empty blocks (4.39%). |
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2 weeks worth of data this time because last week wasn't worth the effort to post as p2pool found no blocks whatsoever. However, even though there were no blocks found last week, I still received a payout from NastyPoP because of the seat donations that are incorporated into the weekly payouts. Numbers are below:
10/23 - 10/30
NastyPoP: 0.00647901BTC
NastyP2P: 0BTC
Expected: 0.02531252BTC
Luck - 0%
10/30 - 11/6
NastyPoP: 0.02516974BTC
NastyP2P: 0.02863589BTC
Expected: 0.02488117BTC
Luck - 99.8%
OP updated
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no the s2 can deliver 0.008 per day, which mean 0.24 a month, you need two of them, if diff do not increase
but it will increase in less than two week
That doesn't sound right at all, that's very close to what my S5 units are generating (.0095 right now theoretical max) - the S2 is a LOT lower hashspeed than the S5. They are almost identical in hash rate. The S2 is a 1TH/s miner that consumes about 1100W at the wall. The S5 is a 1.155TH/s miner that consumes 590W at the wall. |
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THANK You CK!!
This is number 2 - second one I've hit in only a couple weeks. I'll sent your 0.5 BTC tip after they confirm.
For those who are interested, this time i rented 0.15 BTC worth at Nice hash. I set it to mine at 300Th - It solved the block in the first few minutes of mining. woo hoo!!
Wow! Now that's a nice return on investment . Congrats on your second solo block! |
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Just because how much a coin is worth is going up does not mean how much you will mine is also. As difficulty increases, the amount of coin you get per hash decreases. The fact that you can exchange that smaller amount of coin for more fiat is not relevant.
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now ask me how an asic chip generates the number.
or ask me why can't a clever programmer get the dice to be loaded to spin more winners.
And I will tell you : I don't know or understand how the algorithm generates an honest roll of the dice.
But I am guessing it is not gamed or rigged since a lot of guys with good minds would be doing it if possible.
I though so too but I suspected that there might be ways of improving the odds (like having the latest and newest miner), but I guess there's not Anw Thx again for help and answers to the questions that probably were asked numerous times before. That's appreciated. There are ways to optimize things, which the hardware manufacturers take advantage of to make faster, more efficient chips. For example, when trying to calculate the hash, you can stop after a very few number of operations and know for certain that continuing down that path will not lead to a valid answer. You can build that kind of logic into the chip. Each manufacturer has their own methods for getting the most bang for the buck from their chips. Smaller die process, better designs... all play into it. It's always a fair roll of the dice because of the nature of the cryptography underneath the covers. You can't "fudge" a valid solution to the problem. Doesn't matter if you're using pen and paper, or the fastest ASIC on the planet. |
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so i am mining with high hashrate for 5 days now.. but obviously all my hashpower is being destroyed by "bad luck"..
we are at 16% luck now..
( luck has nothing to do with other pools by the way, just with the difficulty.. orphaned blocks would indicate too much pool-competition )
16% is really bad.. so i am always frightened that something is wrong and we are not noticing it..
and my biggest fear is that i made it broken..
i am merge mining some forgotten coins nobody else is mining ( obviously - i own 90% of the network hash power there, diff quite low. )
so everytime i find a share, i also find 2-4 blocks simultaneously ( each on a different network )
so please tell me that this is no problem for p2pool and i did not break the network.
( it might be confused that one share = 4 blocks on different networks? could that lead to a broken sharechain in p2pool? )
and no i will not tell in public you which networks i use..
( they bring me a 2% bonus on my income.. or with 0% luck... i only loose 98% instead of 100%.. )
concering the merge "bonus": every node operator should definitely set the fee to zero and use the merged coins as his income.. so everybody wins.. ( a negative fee would also be interesting.. but would be quite complicated, as you would have to integrate transactions ("old coins") in the new block )
First, I like your optimism... "I only lose 98% instead of 100%". Second, no, you didn't break the network. I have, in the past, merge mined every coin that could be. there were plenty of times that I would find blocks of multiple coins with a single share. Think about it like this: every time you find a block of BTC, you have by default also found a block of every coin you are merge mining. so i am mining with high hashrate for 5 days now.. but obviously all my hashpower is being destroyed by "bad luck"..
we are at 16% luck now..
( luck has nothing to do with other pools by the way, just with the difficulty.. orphaned blocks would indicate too much pool-competition )
16% is really bad.. so i am always frightened that something is wrong and we are not noticing it..
and my biggest fear is that i made it broken..
That's been my paranoia for a few days... 7 day luck is 0%. 30 day luck is 78.77%. In any case, our current round is painfully long, but certainly not out of the realm of statistical possibility. Let's assume we've had 1.5PH/s average every day. With that hash rate, we'd expect to find a block every 2.06 days. It's almost 10 days. If we round things off a bit, we can see this is a 500% block. Painful... but they happen. In other words, there is nothing wrong here. |
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