664
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Bitcoin / Pools / Re: [35 PH] ** 5x AVALON6 GIVEAWAY ** Kano CKPool (kano.is) [0.9% PPLNS] US,DE,SG
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on: March 17, 2016, 04:11:43 AM
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I can tell you one reason why i bought the s7 was because they made it easy. And the easiest part being new to the game was they sold the power supply. I looked at the avalon and while I was new and trying to figure out who was a legit place to buy from, bitmain made it easy.
As I learn more, I may not go that route in the future, but like I said, right now i;m keeping my pool small so I can learn before I go big.
We own an IT company, so this kind of falls right in our laps, we have staff with free cycles that can help manage and maintain, so my costs are very low compared to others. As long as we do it right we could do well!
Buying from Bitmain is easy when paying with bitcoin through their website while Paying via any other method is next to impossible. Any sort of customer support is virtually nonexistent so once you have an issue, you will learn like many here have already that Bitmain will not be very helpful. It would have been a smart PR move on Bitmain's part to do an S7 giveaway with this pool or be more active within this community. My next miner will be an Avalon mostly because they supported this pool with the contest plus everyone talks highly of the quality
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665
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Bitcoin / Pools / Re: [35 PH] ** 5x AVALON6 GIVEAWAY ** Kano CKPool (kano.is) [0.9% PPLNS] US,DE,SG
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on: March 17, 2016, 03:37:38 AM
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Hey Guys, i'm kinda new to the game here. I've been playing around with 4 s7's for a couple weeks now. I own an IT company with our own data center so we are kind of running an experiment with these 4 to learn more about pools with multiple machines, how to manage multiple machines etc.
I've read about why to use kano vs antmine and I fully support that. but as we build a business plan to invest in hardware etc to go big ~150 machines. The problem i've had so far, and keep in mind this is over the last 2-3 weeks.... I get better results with antmine.
With my 4 boxes I can do a steady and predictable 0.1btc with my 4 miners. On here the last few days i'm lucky if i'm getting 0.05.
Am I missing something?
Another question I have is with a machine that finds a block. Does that user get a larger reward or what happens?
I'm aware of the halving, we're working to build experience and knowledge so we can make a very good educated decision on how to move forward after the halving and the potential new hardware.
Kano, we're in canada also and own two smaller data centers, we should chat about a canadian node?
Thanks in advance!
I was mining at Anthole for over a year and then switched to Kano to compare earnings. You need to run these earnings comparisons over an extended time like Phil mentioned. At the end of the day, investing in bitcoin long term and mining at Antpool are two polar opposite schools of thought. IMO Bitcoins survival depends on a strong, ethical community and with so many companies in the space making decisions based on profit and not community...we are no better off than we were with central bank fiat paper money. Mine on a small pool and as Kano said, we need to stop buying Bitmain gear. Vote with our dollars and force these bad actors to conform to what is right or we make them irrelevant.
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667
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Bitcoin / Pools / Re: [35 PH] ** 5x AVALON6 GIVEAWAY ** Kano CKPool (kano.is) [0.9% PPLNS] US,DE,SG
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on: March 16, 2016, 01:52:52 AM
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I do know my s5's have never found a bitcoin block in the year I've owned them. Now i have a s7 pointed here, hopefully it finds a block for the pool someday.
The reality is that an S7 is expected to find a block every 4.7 years under the current difficulty. Think about that for a second. 4.7 years. So sadly, no, your S7 is unlikely to hit a block here (or anywhere). And this is a good illustration of why most miners, especially the smaller ones, prefer pools to solo; a small solo miner can hash for months or years without getting any payout at all. I purchased my first s7 in October and found a block in less than a month, my first and only block. sadly it was mining at anthole EDIT: Hopefully Phil will do another group buy so I can weed out the antminers with Avalon gear. Also, I find it odd that all the fear mongering going on over the block size limit debate never seems to touch on the empty blocks being mined. I even had a member of a prominent wallet company defending mining empty blocks. Seems like a lot of people have their own best interest in mind rather than bitcoins best interest. A wise man once said "..since we expect Bitcoin will last a long time, we don't do shit that assumes Bitcoin wont be here tomorrow"
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668
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Bitcoin / Pools / Re: [35 PH] ** 5x AVALON6 GIVEAWAY ** Kano CKPool (kano.is) [0.9% PPLNS] US,DE,SG
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on: March 14, 2016, 04:28:32 PM
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something interesting from Andreas for all the home miners that have become discouraged recently:
1/ 100,000 x increase in performance from CPU to ASIC created exponential centralization in bitcoin mining
2/ Once we got to 16nm ASICs, the exponential performance increase is over. Now Moore's law is "slow" by comparison, 2 x every 18 mo.
3/ The halving will be the last straw wiping out anyone not at or near Moore's law optimum efficiency/density. One upgrade cycle from parity
4/ After which, mining centralization may stop or even reverse itself. Operating risk, power risk, become bigger factors
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670
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Alternate cryptocurrencies / Altcoin Discussion / Re: Save Bitcoin: Ditch Blockstream and switch to Classic
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on: March 14, 2016, 05:33:55 AM
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instead of debating the blocksize limit, maybe we should start requiring the mining pools to mine blocks that include transactions.
Instead of opining like you know what you're talking about... maybe you should research why those coinbase only/0 tx blocks are all under a minute in duration. And why that is an argument for miners setting their own soft limits on the sizes of their blocks... like they did for the last 6 years. These blocks are basically miners deciding to not shut down their farm for the first minute after a block is solved... once the previous block is verified, they will start including transactions. If bitcoin is more centralized, they could have a separate channel to include tx only they know about. sounds like a shit excuse to run crap code on a pool.
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673
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Other / Meta / Re: Everyone left - bitcointalk has 'jumped the shark'
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on: March 14, 2016, 05:05:44 AM
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There is nothing but bitches and punks left on this forum. The quality of the threads has gone to zero. With all the censorship and strife in Bitcoin - I guess everyone quit trying to have intelligent discourse here. Every thread is the same meaningless bullshit for over 6 months now. 'How to get girls to use bitcoin'.
Bitcointalk has jumped the shark.
Actually I was here in 2013 and left because the quality was kind of low. Back now and I like it. Then you like extreme bullshit. This place is a garbage can or moronic bullshit. A regular dumpster fire. The content is extremely low. If you talk about the most important topic - it gets removed due to Theymos protecting Blockstream. quit your bitching and go to another forum
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677
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Economy / Collectibles / Re: Kialara Physical Bitcoins/HAVEN: Update
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on: March 13, 2016, 09:36:15 PM
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I'm willing to sell my duplicate 2014 Kialara Original for 3x it's original price (300$). EDIT: This was a joke as you can get the 2014 Kialara for around 2x it's original price. This offer is not a valid one. Anyone looking to sell please PM me, I am interested in buying
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679
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Bitcoin / Pools / Re: [35 PH] ** 5x AVALON6 GIVEAWAY ** Kano CKPool (kano.is) [0.9% PPLNS] US,DE,SG
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on: March 13, 2016, 04:55:53 PM
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So, I mentioned last week I was gonna sell my S7 on eBay bc my elec costs are too high (still making couple bucks/day but worried about the upcoming having). I was hoping to get $700 (less the eBay & PayPal fees), so I'm happy it sold yesterday for $825. (Waiting for payment, so jury is still out on how this is gonna end - it's a longtime buyer with good reviews, so I'm hopeful). I'm still mining here (my miner is johnboy21) until I get paid, so here's hoping we can break this logjam before I disconnect. Gonna go make a chicken omelate for breakfast I was one of the bidders that ran up your price in the final minutes. If you decide to sell again, try posting here in the forum as ebay is very risky
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