Put it into perspective with the math: at the time the block reward was 50 btc, so 10,000 btc is 200 blocks.  At 10 minutes per block that's just over 33 hours of mining reward if you solved every block.  Back then only a few people were mining blocks, so you could earn 10k btc in a couple days.

This is the old way of thinking, the pre-internet way things worked.  We are at the forefront of a revolution where the masses will be able to govern themselves via the connectivity of the internet.  21st century politics is based on principles hundreds of years old, they don't apply any longer and it's up to us to start changing them.

I think this rise we're seeing right now is what we were expecting to see the last two adjustment periods.  I'm guessing we underestimated how long it would take mines to unbox, install, and configure the new hardware and it's only just now coming online.  Batch 2 and 3 of the S7 will probably show their hash in another 4 weeks or so.

Until Bitfury has a completed and working facility I don't put much weight behind claims of this and that.  Put up or shut up, as they say.  With the halving coming soon anything not online yesterday is going to have a hard time justifying expenses, especially something the size of the alleged Exahash facility.  And with the fact that difficulty cannot change by more than a factor of 4 each period it would take several adjustment periods for the diff to catch up if a facility like that was simply switched on at once.

But it should have reset when the last solo block was solved.  I wasn't questioning the ability of a stick to get that share, I was wondering why his worker could report a better best share than the parent address.  

I would totally point my S-3 at a club address for the winter!  I'm just waiting for it to cool down, no sign of that yet in my part of the world...


I think you want the gekko stick support thread, this one is for the solo club that uses ck's solo pool.

So while I was re-syncing the blockchain over the weekend (every time my computer loses power my local copy of the blockchain becomes corrupt, kind of annoying) and I noticed that my USB miners, specifically my U3, freak out while core is syncing.  The U3 is a crazy machine to begin with, but I was really surprised to see it basically be unable to hash while the sync was taking place.  It would have HW errors more than 20%, hash rate would gradually fall and fall and fall if I left it running, so I killed it until the sync was done and now it's back to running, well I hesitate to say good, but it's running as good as a U3 is expected to.

I was thinking it might also be fun to keep track of who currently has the "best share" reported by the club's address.  Chance are it would be from a rental, so maybe that's not quite as fun to track, but seeing who's stick has produced the best "best share" for each solo block period could give someone some bragging rights.

As of this post the best reported share is 51,471,144.  This belongs to philipma1957donation.

Strange, though, because FinksySticks shows a higher best share of 65 million, what gives?

It's good to see this project moving forward, but I wish they took a stand againsty New York's ridiculous regulation environment and set up their business in a more btc friendly state.  Sure, NY is like the USA finance capital, but still, why build a bitcoin business in a state that is hostile to bitcoin?

Thanks for the solo pool change, more data is always welcomed!  I'm sure it wasn't done only to support this club, but it's a good feature and I think we'll see more groups like this make use of it.


Phil, your 20 stick set up is way cool.  I like your reworking of the hubs, also, to increase the psu efficiency.  How much more did the wattage drop when you went to the 90% eff. psu?

Is there any particular reason you post the exact same picture every couple days?  There's no reason to keep doing that, the internet remembers.

Very cool!  I think with a little cable management you would see lower operating temperatures on your machines.

+4.51 to +4.75 please.

Add --usb :1 to the bat file for each stick.  When you launch cgminer that command tells it to only initialize 1 usb device.  That way you can run two instances of cgminer and each will only control a single stick.

I just did this and now I have 1 stick on a laptop port @ 125 freq (0.5A) and one on a hub at 262.5 freq (1.0A, which is what each port on this hub is rated to support), both sticks pointed to the club.

I think that shares summary would be really cool, it would help facilitate a fair spread of the block reward after this initial period is over.  In which case I would probably just point all my solo miners to the club.

Well I could give you specific suggestions, but then I might be revealing where I tend to hide things, so instead I'll leave you with this: where is the least likely place someone would look for something valuable?  Hide it there.  Know where thieves would look (under the bed/matteress, underwear drawer, etc. etc.) and don't use a spot like that.  Know where the police look (inside fireplace/wood burning stove, in couch cushions, in filing cabinet, etc. etc.) and don't use a spot like that.

Get creative, pretend you broke into your house, where would you look for stuff?  Don't put it in any of those places.

Safety deposit boxes are good, but if the bank locks you out or a huge earthquake levels the building you're out of luck.  Better is a lock box buried down several feet at a location only you know. https://youtu.be/VZWX2Q6UaAU?t=1m46s

Glad it worked for you, I'm doing the same thing with several of my usb sticks and one U3.

But check your syntax, per the readme the command should be
don't forget the colon.

No, this thing absolutely does NOT "increase the hashrate of the network" by any measurable amount, nor does it do anything to "secure" the network.  Are you guy just repeating buzz words or what?

A good way to start saving is any time you purchase something on sale, take the money you "saved" and put it away; actually save it!  Otherwise you just end up spending what you saved and you don't save anything. 

Try including --usb :3 in the batch file for your U2s, then launch cgminer for the U2s.  It should fire up and pick up the 3 U2, but with the --usb :3 it will only look for 3 devices total.  Then start another instance of cgminer for the U3, it will see the U2s as "busy" and won't initialize them, but it will pick up the U3.

Super badass!  Max has pushed the limits of what's possible with a stick miner, who would have thought a few months ago that we'd be seeing almost 30GH from a single stick.

Mostly everyone expected the last adjustment period to be a much larger gain, will this be the one that we were afraid of?  I wonder how many S7s Bitmain is keeping for themselves vs. selling to the public.  Maybe they are replacing hash for hash rather than machine for machine and becoming more efficient (lower power costs, more profits) without unnecessarily increasing difficulty?  Could be a viable plan to maximize income by minimizing expenses rather than brute force hash increase.

Accepted, PM replied.