The following is the projected timeline for upcoming changes. I will give an "official" warning 3 days prior to the merged mining removal, at which point a server will be identified for users to move to if they wish to continue with merged mining. These are subject to change, but should be close to what happens.
November 23rd: PPLNS made available for Stratum. Configuration to be made available on a per-worker basis under Worker Management.
November 23rd: Warning for removal of merged mining.
November 25th: Ability to specify a requested difficulty on Stratum. This will be done through the website, not the worker password field as originally mentioned.
November 26th: Removal of merged mining from the default pool servers.
Early December: Extra statistics page that will show you your current Stratum connection information. This will display all of your currently connected Stratum sessions, as well as the difficulty each session has been adjusted to.
Have specific difficulties been implemented because I don't see any changes on the website (or I'm looking in the wrong spot). (Not complaining, just asking). Are all changes delayed until the 25BTC halving or just PPLNS? |
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Pears to Bananas - Comparing the ASIC outfits to AMD and Intel is a fool's game. I asked BFL for pictures of boxes filled with parts and before they provided them (sort of) I was chastised with this logic. "Why don't you ask Intel for proof of their materials?"
Maybe because there's a difference between a multi-billion dollar, multi-national, publicly traded, 44 year old corporation with a long history of delivering products on time as predicted ... and Butterfly Labs.
I agree wholeheartedly, but once again, there's a simple solution. If you're not willing to take the risk of pre-ordering without that information/photos/data ahead of time, then simply don't pre-order. People seem to want to be on the cutting edge of Bitcoin mining but want exact specifics and guarantees. Sorry, but the two don't mix. Bitcoin is a risky endeavor all around, if you want guarantees buy more video cards or wait till ASIC's are actually in production before buying one. Complaining that you should have the benefit of being on the cutting edge and front of the line to get your hands on a new mining technology, but shouldn't have to take any risk whatsoever is ridiculous. You sir, are freaking awesome (your avatar picture not withstanding). Most intelligent thing said all month. |
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No, I'm not talking about CPU mining.
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Fireduck should increase the fees until he is back in the black. Put it up to 5 percent for a month. I'll pay it.
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I'm been playing with the Raspberry Pi, which only consumes 4 or 5 watts of power, compiling cgminer on it, etc and combined with this little wireless adapter: http://www.amazon.com/gp/product/B005CLMJLU/ref=oh_details_o00_s00_i02I got to thinking - with the following you could run a totally mobile mining operation out of your truck or car: 1. Android Phone running a wireless hotspot 2. Your favorite USB mining device, 12 Volt input connected to a cigarette adapter. 3. Raspberry Pi running Debian and cgminer 4. Cigarette adapter - to USB to power the Pi. You could be driving to Grandma's house over Christmas while mining the entire trip. Or a trucker who lives in his rig could mine. |
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If you wait any longer, you may as well not order at all because all of the big profits are going to pass you by...
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20,000 enroute, as stated covers all preorders to specified date plus extras.
30,000 follow up in Jan-feb
They are targeting the ability to have next day delivery once pre orders are caught up. Ok, now how many will ship in the first batch (following the "1/3rds approach" that they promised)? They aren't saying, and certainly it will include just a fraction of the 20,000 chips. But they already said they had enough for all of the preorders (at that time) and then some. Haven't we discussed this to death? |
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I hope BFL does NOT try to match this new speed. I'd rather get the new device in my hands first and let them worry about trying to increase the speed later when things have settled down. But competition is a good thing. Congratulations.
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They are certainly not going to wait until all the orders are filled before ordering more chips. In fact I read on their forums that they already ordered 30,000 more chips.
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With litecoin mining you drop your memory down to 300 ?
It doesn't matter which coin you are mining. And 300 may not work on your particular brand/card, each is slightly different. You start at 900 and work your way down 50 at a time at first, then 10 at a time, so 900, 850,800,700,etc. |
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PPLNS is working behind the scenes on Stratum, and the getwork pools will be updated to acknowledge the PPLNS system (but you won't be able to use PPLNS on the getwork pools).
The PPLNS option will become available after the block reward is reduced to 25 BTC, so that I can have a few days of testing PPLNS with my own account to make sure the reward calculations and stat tracking are working properly. You will probably see some PPLNS references show up over the next 48 hours as the testing is taking place.
The merged mining specific server will be added tomorrow, giving everybody 3 days to move to that server if they want to deal with merged mining. Merged mining will be completely disabled on November 26th (around noon PST) for all pools except for the merged mining server.
Will you change the fee structure for PPLNS use since it involves less risk for you? Any plan to lower the PPS fees with higher the difficulty like HHTT since the load on your server is much less? |
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Now at 300kH/s.
I get around 340 or 350 for a 5850. Try a difficulty of 7 or 8. My memory is clocked down to 300 which helps not only with speed but power consumption. |
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If difficulty jumps to 10 times what it is now (right after the ASIC's come out), you'll be making about $8 USD per month. The difficulty will continue to rise as ASICs ship and you'll be down to 1 or 2 dollars per month. If that is worth it to you for the wear and tear on your cards and the noise, go for it.
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If you compiled the current development version in git, you have a pre-release for 0.8, which uses a completely different database layout compared to older versions. As there is no auto-migration implemented yet, it is expected that it would just start downloading from scratch.
What you can do: move the old blk0001.dat and blk0002.dat to blocks/blk00000.dat and blocks/blk00001.dat, and start bitcoind with -reindex.
Also: don't expect the CPU of a Pi to be fast - the part of the block chain after 193000 (the last checkpoint, after which signature checking is enabled) is dominated by CPU power. It's bound to take many hours on a Pi, running at 100% cpu.
I suspect this is the problem. I had tried a bunch of things and no matter what it would start from scratch. Thanks for the tip. |
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Here's where I begin to question. Modularizability sounds great and all, but it's not really the "game-changer" that you make it out to be. As far as I can tell, the BFL singles (only picture of an ASIC device we have currently) is essentially a box around a heatsink and a PCB+chips. In essence, it is almost as bare minimum as you can get. Aside from being able to buy some sort of massive copper-block with slots to insert boards into, you're not really going to get much more efficiency from some sort of modular design (and that's not very efficient really).
If the ASIC vendors can make smaller daughterboards that are alike and can be hosted on an internal bus or something like a mini-PCIe board, then that would cut costs in manufacturing the device. http://en.wikipedia.org/wiki/PCI_Express#PCI_Express_Mini_CardConsider for example the BFL Single. Like you said, it is a square box with a PCB board with a heatsink. Imagine if you only had to produce 1 motherboard and had vertical mounts (like the old BTCFPGA design). This would make it a bit cheaper to produce quantities of add-on boards. With fabs, with quantity there are discounts. There are also less processes to go through to put one together than say a BFL single which should have a higher overhead because it brings lots of components like the case and power supply.. The metal box is one piece and it has to be created n number of times how many boxes you want. With add-on daughter card(s) it should be simpler, cheaper and easier to populate a rig with identical daughter cards (as needed). If I am not mistaken, the BFL mini-rigs are modules but they are separate by connective cabling. They have to be professionally assembled as opposed to an end-user just popping the case open and adding more processing power into one of many east to install slots. As to the cryptocurrencies, there are already merged mining pools, so all the bitcoin forks do not need to covered by vendors, and the non doubleSHA256s can't work alongside bitcoin for ASICs as needs no explanation. [/quote] This has been discussed before. Using PCI instead of USB would make the boards more complicated and harder to design. |
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That's not an error. Automatic payout pays you the amount you specified. This keeps your wallet free of bloat from lots of minor decimals worth of change being constantly carried forward with little chance of ever being consumed (commonly referred to as "bag of pennies"). Manual payouts on the other hand send your entire balance, since it lets you leave the pool without any change being "held hostage".
Oh yes, thank-you because many other pools don't do this. This is one of the reasons I mine at the Guild. |
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Maybe I'm not getting upset because I've been through this before with the FPGA's. Just keep mining with your video cards and try to enjoy the holidays.
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Everyone knows by now that BFL has more power efficient ASICs than their competitors (or at least, they think they do). Therefore people say they will be profitable for longer, which is true.
However, I'm not sure that this is as big a deal as people claim. I'm not sure that most people are taking into account 2nd generation ASICs.
BFL, and other ASIC manufacturers, are going to see sales diminishing as difficulty rises throughout the year 2013. They will be looking for a way to increase or maintain profit. One of the most obvious ways of doing this will be to release 2nd generation ASICs.
If BFL puts a cutoff date on trade ins for 2nd generation ASICs (lets be honest, what company would not put a cut off date on such a thing?), like they have on the 1st generation, then all BFL customers will need to pay more capital to trade in their ASICs for the 2nd generation unless they want to quit mining, or be stuck with a previous generation ASIC.
The sooner they announce/preorder/deliver 2nd generations ASICs, the less important 1st generation power consumption rates will be because you will have less time to reap the benefits of the lower power consumption.
I'm just thinking aloud here... whats your opinion?
I don't think the power improvements of later generations of ASIC kit will be as dramatic as the shift from GPU to ASIC. Probably on the order of 10-15 percent? In fact, I would be surprised if there was a second generation at all. |
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Anybody that spent that much money on their ASICs is going to be watching the returns (the money flowing in). If they notice an anomaly, they will know something is wrong.
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