Question about Profit Switching with "unlisted" coins...
Please someone let me know how I can do this... If not then consider this a suggestion.
I focus my mining on new, low marketcap alt coins that often don't (yet) appear on any exchanges or WhatToMine (etc.). These coins may not have an exchange value, but they do obviously have "value", that I can manually enter into AM. Personally, I use a service like the new MCT trading platform to estimate a current value for new coins that are not on any exchanges yet.
Presently, I configure a user-defined coin in AM and enter the value and difficulty manually. However, I want to use Profit Switching, which (to do well) requires UP-TO-DATE info on difficulty (etc.). It is not practical to constantly change difficulty data like this manually. HOWEVER, the coins usually have a block explorer API that can feed out things like Network Hash and current Difficulty. So, while the coins' data are not listed in the conventional places that the profit switching algo checks, the necessary information IS out there and available through these APIs.
Is there some way to configure a coin to use a URL for an API to gather this data instead of WhatToMine (etc.)? This would not only let us configure profit switching for new coins, but frankly, it would be more accurate Net Hash and Difficulty data. I am sure that everyone has observed that the "current" difficulty data on WhatToMine lags behind current reality somewhat. If we could use the "official" source of info from the block explorer API, we'd be able to more efficiently switch.
Can this be done in AM now? If not, then consider this a suggestion.
Thanks!
Have you looked at AwesomeMiner Coin Updater plug-in from soothaa? https://bitcointalk.org/index.php?topic=2979494.0 |
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I understand what you're saying, but I don't think you have anything to lose by forking away from ASICs. I think it is pretty clear that the net benefit of forking away from ASICS is higher than the net benefit of keeping with ASIC algorithms, especially if the focus is on decentralisation.
What is the net benefit of forking away from ASICs? The anti-ASIC crowd seem to think that GPUs make a coin more decentralized. While there are millions of GPUs out there, it's naive to think that many very large farms don't already control large percentages of those GPUs... and thus hashrate. Pools make the "decentralized" argument even worse. I argue that just changing parameters of a coin to make it harder for an ASIC to mine it leaves the coin vulnerable to 51% attacks. ASICs don't solve that problem, but they do make it harder to rent the power economically to make a 51% attack. Back when there were no ASIC Equihash miners, you didn't hear anyone in the community saying 'you should fork TO an ASIC algorithm!', while now there is plenty of support to fork away from an ASIC. The community sentiment is clearly in the direction of less ASICs and more mining decentralisation  The "community sentiment" is made up of GPU miners who want to preserve their advantage. I bet if the Zen voting system was implemented tomorrow and you had a vote on this issue, you'd have a pretty clear result in support of GPU mining. You are probably right... but I don't know if GPU miners have thought this through. But if you wait too long, the damage may be done and perhaps through ASICs/Bitmain, Zen ownership may become a little too centralised and who knows what the outcome of the vote would be. ASICs and Bitmain are not the problem. They provide more efficient tools. It's like blaming a company that makes very sharp knives for cutting your vegetables too well. I'm still of the view that Zen in many hands is the best way forward to increase adoption. As a side, this is another reason I really didn't like the Binance Zen listing competition, which required some like 30k USD in Zen purchases to be close to being eligible.
ASIC miners and Bitmain do not stop you from buying Zencash. |
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If it’s naive to think that decentralization is possible. Then what are we creating here exactly. Why are we wasting megawatts of power on a system we already have. A centralized money printing machine. Was this China’s way of taking over money creation from the Americans? What exactly do we have here then?
I'm framing the GPU vs. ASIC debate in another way. There are valid reasons why a coin would be anti-ASIC, and valid reasons to be pro-ASIC. Both camps are trying to solve what appear to be deficiencies in POW consensus. The anti-ASIC crowd seem to think that GPUs make a coin more decentralized. While there are millions of GPUs out there, it's naive to think that many very large farms don't already control large percentages of those GPUs... and thus hashrate. Pools make the "decentralized" argument even worse. I argue that just changing parameters of a coin to make it harder for an ASIC to mine it leaves the coin vulnerable to 51% attacks. ASICs don't solve that problem, but they do make it harder to rent the power economically to make a 51% attack. |
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I know a lot of GPU miners are upset about the Equihash ASICs... it sucks when you've put a lot of money into GPUs, and then have your margins stripped away.
But look at it another way... Smaller coins are getting 51% attacked. With a larger network hashrate because of ASICs, it becomes harder for bad actors to rent the GPU hashpower to attack coins. That may be a factor in ZCash, and possibly Zencash not forking away from ASICs.
The same people attacking the coins are the same ones going to buy up tons of these ASICS. Problem will still exist when it’s convienentt to push another narrative. Just watch and see. This whole system is in Jeapordy due to greedy asic manufacturers. Wasn't that the scenario that Satoshi tried to engineer away? ASICs will only mine one algo (well, except for the Baikals) so why would someone spend hundreds of thousands of dollars to make hundreds of thousands of dollars... and then be left with hardware that could be useless? It makes a lot more sense to rent GPUs because they are so versatile and plentiful. Time is of the essence in 51% attacks. Amassing a huge warehouse full of ASICs, getting them powered up and preparing for an attack takes a lot of work and effort. It's so much easier to rent from Nicehash or Miningrigrentals. There was a code of ethics that needed to be followed here or it all falls apart. We are seeing this in action now. This is a game full of greed. Many have their hearts in the right place, but the scenario we feared (a 51% attack) is so much easier because of trust in decentralization. Really, it's the pools you have to fear, not people buying ASICs. The only way and I mean the only way we can have true decentralization would be to price power equal across the board. I’m going to start rattling some ears at the power grids. Maybe I can get them to start pricing crypto farms accordingingly. Add a premium for being power hogs. Sort of a green tax so to speak. Hmmm I’m liking this. What we need tho is a global initiative because if one country has the cheap power then It will all centralize to that region. If we truly want btc and all the other shitcoins to be secure then we must push for equality. If we don’t your only being naive to the fact that someone with more money than brains will get off attacking the network just because they can.
It's also naive to think that ASICs are the problem. What's the difference between a coin that is ASIC-resistant and has one million GPUs mining away... versus a pro-ASIC coin that has one million ASICs mining away? Nothing except for some ideal that people have that mining with GPUs is somehow "more decentralized." |
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Hi Patrike. Looks like your advice helped with my issue with AM forgetting the locations of my custom miners. The file location was marked as read only in windows. I changed it but it kept changing back. I had to use a tutorial I googled to get the changes to stick, apparently some windows update screwed up windows for everyone it installed for. I always disable updates, but I do let it run once on a new install, and I guess that's what happened. Anyways, I had a good idea, not sure, but it might be an easy one. So about the field that you created in online services that keeps track of pool performance, is it possible for it to show numbers above 100%? That could make it more accurate. Thanks for all your help, and for creating a superb program!
Hello Patrike. So, unfortunately my problem returned. Everything was fine for like 10 days, and then I updated AM, and immediately after AM restarted it forgot all my changes again. So as far as what I did before with windows, the tutorial I read online told me I had to regain ownership of the folders (the whole drive as a matter of fact) then remove the checkbox in file explorer for read only. The thing that is really annoying is that the box still shows up as checked no matter what, (even if the drive is no longer read only) and other Windows users have confirmed this, but I am now able to add or delete files after following the tutorial. I believe the last time AM forgot my settings was right after another AM software update. If AM is able to update it's software why would it be unable to update the config file? Another interesting side note is that AM is remembering some things I've changed. For instance I changed a couple of my wallet addresses and those haven't reverted back when AM forgets the other items. I'm a bit frustrated at this point, every time it happens, at this point I basically have a config file in my head. (Ok, here we go again, point to excavator, point to nevermore, point to ccminer, point to claymore cryptonight miner, delete Baikal cube miner, update ip address of Baikal A900) Any other ideas you have will be greatly appreciated, I just want to keep the miner running. Thanks. It sounds like the Windows system have some strange behaviors here. Are you running any security software that causes these issues? Awesome Miner is not using the same folder for upgrades as for the configuration file. If the user roaming folder where the configuration file is located is set to read-only, Awesome Miner will run into issues saving the configuration. If you have a specific time where you think Awesome Miner did something wrong, please send me the log file by mail and indicate the time of the issue. All I did was install Windows, and Mozilla Firefox, let it update initially, installed Nvidia drivers, then disable windows defender, installed my custom mining software,(only a few) installed Ethlargement pill, updated AM config file, killed Cortana, and started mining. Then after my problem, I followed a tutorial to regain ownership of my folders (user folder), and changed folders from read only to full control, I don't install anything extra whatsoever, I don't surf the internet, I only open a couple yiimp pool stat pages. Before I install the new update I'm going to shoot a video this time closing the program, restarting it, then installing the update, checking the log file etc. If theres anything else you can think of for me to try to capture, I'll include it. Thanks again Patrike. It should only take you about 30 minutes to rebuild a Windows 10 rig on an SSD. Here's the very quick steps needed to get a Windows rig setup to run headless... 1. Install Windows (depending on the version of Windows you may not even have to activate!) Do not do any Windows Updates 2. Install missing drivers for mobo and video card 3. Turn off Windows Update service 4. Enable auto login 5. Disable sleep mode in power control panel 6. Enable RDP 7. Set Windows Defender to ignore the C:\ProgramData\AwesomeMinerService & C:\Users\yourusername\Appdata\Local\AwesomeMinerService & C:\Users\yourusername\Appdata\Roaming\AwesomeMinerService That's all you have to do. From that point on disconnect the monitor keyboard and mouse and RDP into the rig from the comfort of your couch. I just do one more step. I install the Awesome Miner agent and then I rarely even have to RDP into the rig. |
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Is this still going on?  I'm surprised for the bump its more than a year, time flies so fast Well, seems trucobit has a beef with me from another thread, so he stalked some of my other threads to give me a good bashing. It's all good though. I can take the heat. I knew when I started this thread that it would generate some controversy. |
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Long term evidence! We need more Facts. I will take the risk, you can learn from my experience. Is mining to a large pool really better than mining to a small pool long term? https://youtu.be/8UkDgMEb69UJust watched the video. I think to make it more fair, you need to have two identical rigs, with one mining to the large pool, and the other to the small pool... at the same time. Otherwise, it's not a completely fair comparison. Network hashrate, luck, and many other factors will color your results. Also, you mentioned in the video that you will find a small pool that has zero workers. That effectively means you are solo mining, and not really getting any benefits of using a pool other than convenience. |
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I know a lot of GPU miners are upset about the Equihash ASICs... it sucks when you've put a lot of money into GPUs, and then have your margins stripped away.
But look at it another way... Smaller coins are getting 51% attacked. With a larger network hashrate because of ASICs, it becomes harder for bad actors to rent the GPU hashpower to attack coins. That may be a factor in ZCash, and possibly Zencash not forking away from ASICs.
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I believe I found a bug in awesome miner. I have the professional version, using it with a Z9 ASIC. In order to use zpool with #xnsub I made a custom online service for zpool. Works great, however I noticed that no matter what I change the profit factor to in the custom online service I made, it wont change the profitability of the service. I can change any other online services' profit factor and it updates the profit for service almost instantaneously. Am I missing something here? Anyone else experiencing the same thing?
I will email awesome miner at their info@... address, does anyone know the proper channel to report bugs?
You can email the developer: support@awesomeminer.comDon't forget to attach any relevant logs. |
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Moppidoo and Puwaha!
Comments / advice you made on this forum over the last few weeks/months to other peeps opened up the doors for me to learn better mining techniques and learn alot more about mining in general. This has led to more profitable, cooler better, self managed mining rigs.
I just wanted to say thanks for being helpful, in the background you have really been helpful!
Regards
Thank you Smartieee. I believe there is a failure to communicate with trucobit. It's obvious that english isn't his native language, and there is nothing wrong with that. My attempts to help him made him think I was criticizing his methods. He puts a lot of effort into his setup, and I can understand why he wouldn't like to hear that maybe he's doing something wrong, or assuming that AM is the problem. I'm a troubleshooter... I ask questions to get to the root-problem. I love to help miners, especially those who use AM... and I admit my writing style can be sarcastic at times. This is an internet forum, and it it hard to gauge someone's intent through words alone. |
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Here is to complicate life when there are simpler options.
There are other interesting rules in AM, I refer to the documentation and also the use of a whatdogs, in addition to programming a restart every day, either from AM or from the Whatdogs that cost $ 5. Even there are some that control the graphics, if a reboot falls. if the light goes out and it comes back, it turns on, in short, it does not take more than an eBay whatdogs and to know better the options of AM
IFTT I have known it for a long time, I have used it more for self publishing in blogs and Spam, it is very useful, but it seems to me here that complicate what is easy, and read more carefully the rules of AM, and the API, can do this in a simple way.
Well, thank you for that. I'm glad you have your own methods... I shared my method. Feel free to share yours. By the way, watchdogs do not work if the rig is offline. |
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Anyway, putting aside the playfulness.. Kinda weird that you get fed up by people using the wrong terms/words for something.
If I were to react like that to every mistake/error I see IRL or online.. It would make me sour in the end.
It goes beyond just people using the wrong terms, I think. Words and concepts change over time, but that makes it harder to communicate with each other if we allow people to just do it wrong on purpose and not care. It's probably too late to just be the little boy sticking his finger in the dyke over the meaning of "ROI"... but it still has to be done. It's the same kind of attitude I see online or IRL where people are apathetic and non-principled. Don't get me started on emojis... like I said above in another reply... I may just be getting old and cranky. I see that your attitude is "I know more than anyone else and I have to prove it", I stopped to read all your posts and you are a person that you will discuss a lot here if you do not adapt and you are less strict with your nonsense. If life is going badly for you, if you are a bit bitter, do yourself a favor and do not make others bitter, turn off the internet and make your neighbors bitter. Seeing the controversy that you have in all the posts you post, I'll ignore you and not answer more to your messages in the forum of Awesome miner, you have no idea and allows you to give advice. You are smart in your house, but a fool in the rest of the world. With the ignorant it is stupid to argue, especially about the ignorant who want to give lessons. And I call you ignorant morally. Tell me how you really feel trucobit. LOL. I recognize that English may not be your first language, so you may not pick up on the subtleties of what Americans call "snark." This thread was meant to be a fun distraction. |
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I honestly think you are making this harder than it should be. You should be selecting low latency pools.
I just bothered to read all your comments in bitcointalk. You always want to be right, and even to insult people calling her silly for using the term ROI which is also very valid. Ugh... I'm not going to get into this. I've insulted no one, even when I'm right. When I'm wrong, I certainly admit it. Good luck with your experiments. I suspect that when you get some more mining experience, you will understand what I'm trying to convey. In all the post you end up arguing because you are intransigent, and for what you have shown me in AW, a total ignorant of the practice, but if you know the theory. Good luck... some day you will realize that profit switching is a game that you cannot win. That said and for the good of the forum, I will not answer any comments. If you are looking for a fight, look for it in another post. To others, who see their message history and see that he is an unpleasant person who only knows how to talk and always wants to be right, it does not matter what post you read. He is very smart and the others are very stupid
If your life sucks, do not infect me. Here ends my conversation with you and your super intellect, and I will ignore you.
Have fun. If you care to comment once more... please quote me where I insulted you? |
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Honestly, I think you want to make the difficult easy. You can win with little effort, but you can earn more with more effort.
I applaud your efforts, but you are talking about the difference of pennies or cents. Isn't your time worth more? You only look for the best pool (I also look for it, but I check it) and forget, do not change any parameters or test the pool's performance.
Now think slowly, and imagine who will have the best auto swtich closest to reality.
And now I wait for your explanation because what I do is wrong, or really bad is to make the minimum effort and then complain about poor performance. Your first problem is that you are profit switching. For many reasons... I've stated them numerous times on this thread.. chasing a hot coin is not worth the effort. You simply do not earn more by attempting to profit switch on services like zpool. And when you have your profit switching interval set too low like the one minute you have you are not earning more. You are spending more time switching than mining. Right now I'm testing coins and pools, my goal is just to stay between 20-30 coins that I will change every month, we are several people at once checking the performance of the pools and we write them down in an online excel, each one deals with a Lot of coins and makes the measurements. There are many factors you cannot control. For one, network latency is not a static variable, as it will constantly change. Hashrate is not a static variable, as it will constantly change. Network hashrate and difficulty is not a static variale, as it will constantly change. Exchange rates are not a static variable, as it will constantly change. Different coins have different maturity rates. Pool operators have different algorithms for getting coins to exchanges, Low volume coins sell at different rates, and dumps affect exchange rates. Temporary pumps any serve to have you chase a coin that will not be worth what you think it will be when it's finally been exchanged to bitcoin and sent back to you. |
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Hi, it actually makes sense to have benchmarks per coin instead of per algo. It may be a bit of hard work to tweak this in the programming, but in the long run us (users) will have a more down to earth expectation of what we would be earning and the profit switching would be more accurate.
I'm not sure why you would want this. Awesome Miner calculates your earnings based upon your current hashrate, and current price price/difficulty of the coin. If you are getting a different hashrate for two coins on the same algorithm, then something is wrong with you system or setup. I think you do not pay much attention to hashrates for hours like me. Choose 10 different coins, for example Neoscrypt, from different pools in different parts of the world, and then take the test. You'll see that you get different hashrate values. If I am in Spain and I am in contact with a server in the USA or Japan, my connectivity is not as good, with which the hashrate is reduced. If the configuration of Vardiff is not correct in the server, it also changes the hashrate, and so several more things. Hypothetically it is always the same hashrate, but different causes make it fall for different reasons. A Pool in a bad server, will have bad connectivity, bad response, and therefore a poorer hashrate. I think you are introducing artificial problems here. The hashrate on the pool side may be different, but it will be the same on your rig for the same algorithm if every other setting is equal. I don't understand why you would intentionally connect to pools that would introduce more latency. The only way to get it right and correct is to be able to measure the hashrate by pool / currency But this would be an inaccurate measurement by Awesome Miner. Awesome Miner can't control the packets as they travel across the internet. You could be affected by natural latency, by bad routing by ISPs and carriers. I only invite you to take the test and then give your opinion. I have seen it in many currencies, in X17, x16s etc ... Different currencies, different hashrates, but within a margin. In X17 XVG the same rig gives 114-118 mhs, and in another currency that I can not remember now it did not exceed 105, and it is the same thing.
These hashrate differences cause the switch to be incorrect.
This is forcing me to do 3 hours tests in each pool / currency to see the deviation and modify it in the pool through the Profit field, but this is just a patch.
Please do the test and then give your opinion.
I honestly think you are making this harder than it should be. You should be selecting low latency pools. |
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Using that Fork is when I realized the difference of hash between currencies of the same protocol, that disables the effectiveness of Auto swtich and maybe it is the biggest failure of the program, which in my opinion should be taken into account for next updates, for Ensure better changes of the auto switch.
What are your settings for profit switching? What do you have the switching interval set to? 1m 28-32% That is way too fast. Your miners may not even ramp up to full speed by the time another switch happens. |
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Let me see if I follow... you have Awesome Miner installed on a separate computer from your rig... or are they on the same computer? If they are on the same computer, your computer may have rebooted, and that's why it appears that they have both stopped. You can enable a feature to start Awesome Miner to start when windows starts under the General options.
Your last sentence makes it sound like you moved the Awesome Miner program to another computer and you are still having this problem? Did you install the Remote Service on your rig?
yes, i install the remote service on my rig. i change my main awesome from laptop to pc. when on laptop awesome running well. after i change to pc then prob come, i use same registration code on my new pc. Is your PC crashing and rebooting? |
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I suppose. I am sure super nodes will attract a lot of new people in the same time
With this increment from 3.5 to 10% we can expect rise in number of Secure Nodes and this is completely logical. I would like to hear more opinions about this. What do you think how Super Nodes are going to effect network? What are your expectations regarding numbers (except price)etc.. I think the numbers of both Super Nodes and Secure Nodes will even out over time. They both have a 10% share, so many Secure Node operators will convert to private Super Nodes at first if they have enough Zencash to start one. But not everyone has 500 Zen to start a private Super Node, so I anticipate there will be many who join shared Super Nodes through the many services who will be offering this capability. It will take a few months, but people will follow where the most profit is, and the numbers will even out. |
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Hi, it actually makes sense to have benchmarks per coin instead of per algo. It may be a bit of hard work to tweak this in the programming, but in the long run us (users) will have a more down to earth expectation of what we would be earning and the profit switching would be more accurate.
I'm not sure why you would want this. Awesome Miner calculates your earnings based upon your current hashrate, and current price price/difficulty of the coin. If you are getting a different hashrate for two coins on the same algorithm, then something is wrong with you system or setup. |
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Using that Fork is when I realized the difference of hash between currencies of the same protocol, that disables the effectiveness of Auto swtich and maybe it is the biggest failure of the program, which in my opinion should be taken into account for next updates, for Ensure better changes of the auto switch.
What are your settings for profit switching? What do you have the switching interval set to? |
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