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Author Topic: is my 1st test working? (P2Pool, CGminer, 5Gh/s)  (Read 923 times)
cuzwecoin (OP)
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January 22, 2014, 08:45:32 AM
 #1

hello,
do you think my 1st test is working?
how much do you think I could wait before finding some fraction of bitcoins in my wallet? days or week?

Best regards

http://imageshack.com/a/img34/9337/ge4a.png
HellDiverUK
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January 22, 2014, 09:32:19 AM
 #2

5GH on p2pool?  Cheesy  I doubt you'll see any payout, ever.

I ran ~120GH through p2pool for 48 hours and got a payout of 0.008BTC per day.  I get a consistent 0.038BTC per day through Eligius with exactly the same hardware. 
raskul
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January 22, 2014, 09:34:33 AM
 #3

don't hold your breath.  Shocked

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
smoothrunnings
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January 25, 2014, 02:19:42 AM
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5GH on p2pool?  Cheesy  I doubt you'll see any payout, ever.

I ran ~120GH through p2pool for 48 hours and got a payout of 0.008BTC per day.  I get a consistent 0.038BTC per day through Eligius with exactly the same hardware. 

P2Pool is for people who are looking for a long-term payout and not a short-term payout like you will get Eligius and other bigger fee based pools. You have to be vigilant and run P2Pool for at least 30 days to see the over all payout.
smoothrunnings
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January 25, 2014, 02:21:31 AM
 #5

hello,
do you think my 1st test is working?
how much do you think I could wait before finding some fraction of bitcoins in my wallet? days or week?

Best regards



5GH/s is super low, you probably want to get to 100~120GH/s minimum as it will take you longer to get paid because the difficulty is so high. Look for "bitcion calculator" on google.

raskul
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January 25, 2014, 09:32:33 AM
 #6

5gh/s won't earn you much at all, sorry to be the bearer of bad news.. difficulty is now over 2billion.
and yup, even 100gh is a far cry from what it used to be. I now find myself constantly adding miners to my rigs, just to keep a + equity.

I watched ebay over xmas and into the new year... couldn't believe it! all the hype around bitcoin mining really brought out some unrational thinking, did it not?

If you seriously want to make money with mining - 1TH/s hashing NOW, and you'll be shutting it down (or selling it on ebay) around April.

If however, you want to keep your little 5gh going.. get over to bitparking, merge mining will give you bitcoin (not much), namecoin and devcoin - and a couple others, which I leave to donate to the pool...

best luck.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
smoothrunnings
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January 25, 2014, 01:08:39 PM
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5gh/s won't earn you much at all, sorry to be the bearer of bad news.. difficulty is now over 2billion.
and yup, even 100gh is a far cry from what it used to be. I now find myself constantly adding miners to my rigs, just to keep a + equity.

I watched ebay over xmas and into the new year... couldn't believe it! all the hype around bitcoin mining really brought out some unrational thinking, did it not?

If you seriously want to make money with mining - 1TH/s hashing NOW, and you'll be shutting it down (or selling it on ebay) around April.

If however, you want to keep your little 5gh going.. get over to bitparking, merge mining will give you bitcoin (not much), namecoin and devcoin - and a couple others, which I leave to donate to the pool...

best luck.

If you do the numbers adding to your pool with 110nm, 55nm, or 28nm rigs doesn't make sense as you will never be able to reclaim the money you bought the older hardware for.
raskul
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January 25, 2014, 01:16:40 PM
 #8

5gh/s won't earn you much at all, sorry to be the bearer of bad news.. difficulty is now over 2billion.
and yup, even 100gh is a far cry from what it used to be. I now find myself constantly adding miners to my rigs, just to keep a + equity.

I watched ebay over xmas and into the new year... couldn't believe it! all the hype around bitcoin mining really brought out some unrational thinking, did it not?

If you seriously want to make money with mining - 1TH/s hashing NOW, and you'll be shutting it down (or selling it on ebay) around April.

If however, you want to keep your little 5gh going.. get over to bitparking, merge mining will give you bitcoin (not much), namecoin and devcoin - and a couple others, which I leave to donate to the pool...

best luck.

If you do the numbers adding to your pool with 110nm, 55nm, or 28nm rigs doesn't make sense as you will never be able to reclaim the money you bought the older hardware for.

never say never  Cool
my rigs are currently still making profit (anything over the cost of my electricity to me, I see as profit.)

I've invested in the network, not in returns, so in my way of thinking, I have assets, even if those assets will become eventual negative equity. It happens to us all, like old age.

What the OP was asking, was about making money. I'm turning over beer money and i'm happy with that. I'm not making money and I don't expect ever to do so. I want bitcoin to succeed, and I'm part of that line of thinking.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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