philipma1957 (OP)
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Activity: 4116
Merit: 7834
'The right to privacy matters'
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April 17, 2015, 04:52:48 PM |
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i do not understand y u sold the s5 hosted by lee! that is very low hash speed man! i have 11th and i underclock to ~9th have to think serious about summer... waiting to see the miner edge on the market!!! made a calculation, and from when i started ~mid september 2014 till now, the average diff was +3.8% ok time to mine i guess  I could have kept my 4 miners at lee. ( a mistake to sell) but I had the chimney leak and was nervous that it might need a full teardown and repair ($$ 4-6k) So I sold off all miners but 2 and sold off coins (8 at 280 which is good at the moment) I then had 6k in hand for the repairs. So I found a new guy turns out he served in the Marines and was actually on my Navy base was i was stationed there. Translation he worked really hard and did a very nice job on a complete chimney reflashing and he used a ton of sealant . I am pretty sure that it will stay fixed and the price was under 1 k. So I am a bit cash rich miner poor. Told the wife I will get her 2-3k worth of kitchen upgrades. I I left Lee's 4 miners online I would have been better off then I was selling them. But the wife is happy. That is worth a lot more then a shit load of mining gear. |
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mavericklm
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April 17, 2015, 04:56:04 PM |
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But the wife is happy. That is worth a lot more then a shit load of mining gear.
1312312% true!  chimney? look into rocket stove, rmh, maybe an adaptation.... no need for chimney with rocket stove! summer is coming and i look forward to cocking again outside on my crappy rocket stove! |
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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April 17, 2015, 08:53:28 PM |
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i do not understand y u sold the s5 hosted by lee! that is very low hash speed man! i have 11th and i underclock to ~9th have to think serious about summer... waiting to see the miner edge on the market!!! made a calculation, and from when i started ~mid september 2014 till now, the average diff was +3.8% ok time to mine i guess I could have kept my 4 miners at lee. ( a mistake to sell) but I had the chimney leak and was nervous that it might need a full teardown and repair ($$ 4-6k) So I sold off all miners but 2 and sold off coins (8 at 280 which is good at the moment) I then had 6k in hand for the repairs. So I found a new guy turns out he served in the Marines and was actually on my Navy base was i was stationed there. Translation he worked really hard and did a very nice job on a complete chimney reflashing and he used a ton of sealant . I am pretty sure that it will stay fixed and the price was under 1 k. So I am a bit cash rich miner poor. Told the wife I will get her 2-3k worth of kitchen upgrades. I I left Lee's 4 miners online I would have been better off then I was selling them. But the wife is happy. That is worth a lot more then a shit load of mining gear. Glad to hear it went well on repairs. It truly is hard to find a good/honest skilled labor. My last experience was about 1.5 weeks ago with a electrician he was scared because of miners. To put in 1 240 breaker he gave me a ballpark of 500, and the official quote came in at over 1k. Was rediclous turned out he didnt know it was a sub panel and thought it was a main. Needless to say he will not be working on my house. |
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adaseb
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Activity: 3752
Merit: 1709
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April 17, 2015, 09:31:37 PM |
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I don't think the price going below $200 will affect the difficulty much. It might affect it by around -5% or so. We were below $200 for a couple days and the difficulty wasn't decreasing anyways.
For miners its worse because about a month ago, price was almost $300 and difficulty is pretty much exactly where it is right now but we were making 25% more.
Its not a linear curve.
Price might go down 50% and difficulty might only go down 20%.
I think the reason being is that many miners right now have free electricity and for them it doesn't matter what the price is because they are always pulling in a profit.
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alh
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Activity: 1843
Merit: 1050
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April 17, 2015, 09:46:54 PM |
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The latest bicoinwisdom projection puts the new difficulty at about 47.6 Billion. Looking back through the list of prior adjustments, that's like a "reset" back to March 8th if it holds true. Just an interesting viewpoint, for a Friday afternoon here in MN. |
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philipma1957 (OP)
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Activity: 4116
Merit: 7834
'The right to privacy matters'
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April 17, 2015, 10:24:11 PM |
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I don't think the price going below $200 will affect the difficulty much. It might affect it by around -5% or so. We were below $200 for a couple days and the difficulty wasn't decreasing anyways.
For miners its worse because about a month ago, price was almost $300 and difficulty is pretty much exactly where it is right now but we were making 25% more.
Its not a linear curve.
Price might go down 50% and difficulty might only go down 20%.
I think the reason being is that many miners right now have free electricity and for them it doesn't matter what the price is because they are always pulling in a profit.
Yeah and while I have a 2.4 cent setup it is only 2 s-3's . In a friends office. I will soon move 2 or 3 avalon 4.1's to another friends place he has 0.07 usd power and while 7 cents is not as good as 2.4 cents it is decent. the whole game will turn into spot mining only in under 8 cent power places. |
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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April 17, 2015, 11:43:39 PM |
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I don't think the price going below $200 will affect the difficulty much. It might affect it by around -5% or so. We were below $200 for a couple days and the difficulty wasn't decreasing anyways.
For miners its worse because about a month ago, price was almost $300 and difficulty is pretty much exactly where it is right now but we were making 25% more.
Its not a linear curve.
Price might go down 50% and difficulty might only go down 20%.
I think the reason being is that many miners right now have free electricity and for them it doesn't matter what the price is because they are always pulling in a profit.
Yeah and while I have a 2.4 cent setup it is only 2 s-3's . In a friends office. I will soon move 2 or 3 avalon 4.1's to another friends place he has 0.07 usd power and while 7 cents is not as good as 2.4 cents it is decent. the whole game will turn into spot mining only in under 8 cent power places. My big thing is getting a summer mining area. Cooling by fan's and extraction of heat is a lot cheaper then AC. A cant pay AC bill to cool all of my gear, so currently next few weeks will be making my new summer mining area. |
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philipma1957 (OP)
Legendary
Offline
Activity: 4116
Merit: 7834
'The right to privacy matters'
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April 18, 2015, 12:04:26 AM |
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I don't think the price going below $200 will affect the difficulty much. It might affect it by around -5% or so. We were below $200 for a couple days and the difficulty wasn't decreasing anyways.
For miners its worse because about a month ago, price was almost $300 and difficulty is pretty much exactly where it is right now but we were making 25% more.
Its not a linear curve.
Price might go down 50% and difficulty might only go down 20%.
I think the reason being is that many miners right now have free electricity and for them it doesn't matter what the price is because they are always pulling in a profit.
Yeah and while I have a 2.4 cent setup it is only 2 s-3's . In a friends office. I will soon move 2 or 3 avalon 4.1's to another friends place he has 0.07 usd power and while 7 cents is not as good as 2.4 cents it is decent. the whole game will turn into spot mining only in under 8 cent power places. My big thing is getting a summer mining area. Cooling by fan's and extraction of heat is a lot cheaper then AC. A cant pay AC bill to cool all of my gear, so currently next few weeks will be making my new summer mining area. last summer I switched to gridseed blades 17 of them. mistake first off my pc like running 12 or 13 of them not 17. then the ltc market crashed. only good thing was power was down to about 1500 watts. this summer i want to stay under 1000 watts. |
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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April 18, 2015, 12:45:01 AM |
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I don't think the price going below $200 will affect the difficulty much. It might affect it by around -5% or so. We were below $200 for a couple days and the difficulty wasn't decreasing anyways.
For miners its worse because about a month ago, price was almost $300 and difficulty is pretty much exactly where it is right now but we were making 25% more.
Its not a linear curve.
Price might go down 50% and difficulty might only go down 20%.
I think the reason being is that many miners right now have free electricity and for them it doesn't matter what the price is because they are always pulling in a profit.
Yeah and while I have a 2.4 cent setup it is only 2 s-3's . In a friends office. I will soon move 2 or 3 avalon 4.1's to another friends place he has 0.07 usd power and while 7 cents is not as good as 2.4 cents it is decent. the whole game will turn into spot mining only in under 8 cent power places. My big thing is getting a summer mining area. Cooling by fan's and extraction of heat is a lot cheaper then AC. A cant pay AC bill to cool all of my gear, so currently next few weeks will be making my new summer mining area. last summer I switched to gridseed blades 17 of them. mistake first off my pc like running 12 or 13 of them not 17. then the ltc market crashed. only good thing was power was down to about 1500 watts. this summer i want to stay under 1000 watts. I got rid of inefficient gear. The A1 1T, and S3's (hated to get rid of them loved them). I will be starting summer with around 10k watts. I thought I would be much lower... but I ended up going from 12k to 10k. So now I have to perfect the fan's and exhust. Hopefully get some of the parts this weekend and start out on it. I'm lucky to have a lot of room for miners. I'm really looking foward to the summer design I have. Will be nice to have them all in same room. |
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philipma1957 (OP)
Legendary
Offline
Activity: 4116
Merit: 7834
'The right to privacy matters'
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April 18, 2015, 01:22:55 AM |
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I don't think the price going below $200 will affect the difficulty much. It might affect it by around -5% or so. We were below $200 for a couple days and the difficulty wasn't decreasing anyways.
For miners its worse because about a month ago, price was almost $300 and difficulty is pretty much exactly where it is right now but we were making 25% more.
Its not a linear curve.
Price might go down 50% and difficulty might only go down 20%.
I think the reason being is that many miners right now have free electricity and for them it doesn't matter what the price is because they are always pulling in a profit.
Yeah and while I have a 2.4 cent setup it is only 2 s-3's . In a friends office. I will soon move 2 or 3 avalon 4.1's to another friends place he has 0.07 usd power and while 7 cents is not as good as 2.4 cents it is decent. the whole game will turn into spot mining only in under 8 cent power places. My big thing is getting a summer mining area. Cooling by fan's and extraction of heat is a lot cheaper then AC. A cant pay AC bill to cool all of my gear, so currently next few weeks will be making my new summer mining area. last summer I switched to gridseed blades 17 of them. mistake first off my pc like running 12 or 13 of them not 17. then the ltc market crashed. only good thing was power was down to about 1500 watts. this summer i want to stay under 1000 watts. I got rid of inefficient gear. The A1 1T, and S3's (hated to get rid of them loved them). I will be starting summer with around 10k watts. I thought I would be much lower... but I ended up going from 12k to 10k. So now I have to perfect the fan's and exhust. Hopefully get some of the parts this weekend and start out on it. I'm lucky to have a lot of room for miners. I'm really looking foward to the summer design I have. Will be nice to have them all in same room. I have some very good fans that I won't be needing. this model http://www.ebay.com/itm/Comair-Rotron-CLE2L2X-550CFM-49A-115V-Axial-Fan-/280883455850?I can send them for postage only let me know itf you want them my zip is 07731 |
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notlist3d
Legendary
Offline
Activity: 1456
Merit: 1000
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April 18, 2015, 01:40:28 AM |
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I don't think the price going below $200 will affect the difficulty much. It might affect it by around -5% or so. We were below $200 for a couple days and the difficulty wasn't decreasing anyways.
For miners its worse because about a month ago, price was almost $300 and difficulty is pretty much exactly where it is right now but we were making 25% more.
Its not a linear curve.
Price might go down 50% and difficulty might only go down 20%.
I think the reason being is that many miners right now have free electricity and for them it doesn't matter what the price is because they are always pulling in a profit.
Yeah and while I have a 2.4 cent setup it is only 2 s-3's . In a friends office. I will soon move 2 or 3 avalon 4.1's to another friends place he has 0.07 usd power and while 7 cents is not as good as 2.4 cents it is decent. the whole game will turn into spot mining only in under 8 cent power places. My big thing is getting a summer mining area. Cooling by fan's and extraction of heat is a lot cheaper then AC. A cant pay AC bill to cool all of my gear, so currently next few weeks will be making my new summer mining area. last summer I switched to gridseed blades 17 of them. mistake first off my pc like running 12 or 13 of them not 17. then the ltc market crashed. only good thing was power was down to about 1500 watts. this summer i want to stay under 1000 watts. I got rid of inefficient gear. The A1 1T, and S3's (hated to get rid of them loved them). I will be starting summer with around 10k watts. I thought I would be much lower... but I ended up going from 12k to 10k. So now I have to perfect the fan's and exhust. Hopefully get some of the parts this weekend and start out on it. I'm lucky to have a lot of room for miners. I'm really looking foward to the summer design I have. Will be nice to have them all in same room. I have some very good fans that I won't be needing. this model http://www.ebay.com/itm/Comair-Rotron-CLE2L2X-550CFM-49A-115V-Axial-Fan-/280883455850?I can send them for postage only let me know itf you want them my zip is 07731 Thanks for offer. But I had a coupon and some gift cards I used on fan's. I should have them soon. I've got some of the electrical. Still going through it on list. I'm hoping to have a little done this weekend. We will see if it happens or not. Hopefully it at least is started if plans go as I think. |
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philipma1957 (OP)
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Activity: 4116
Merit: 7834
'The right to privacy matters'
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April 18, 2015, 04:16:25 AM |
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I am looking at www.bitcoinwisdom.com(-3.50%)221 blocks left Bitcoin Difficulty: 49,446,390,688 Estimated Next Difficulty: 47,717,551,792 (-3.50%) Adjust time: After 221 Blocks, About 1.6 days Hashrate(?): 327,923,230 GH/s Block Generation Time(?): 1 block: 10.5 minutes 3 blocks: 31.4 minutes 6 blocks: 1.0 hours Updated: 0:10 (5.3 minutes ago) www.coinbase.com is at 224 usd with 221 blocks left negative is certain we would need to do all 221 blocks in under 24 hours time. that won't happen. |
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notlist3d
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Activity: 1456
Merit: 1000
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April 18, 2015, 04:21:47 AM |
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I am looking at www.bitcoinwisdom.com(-3.50%)221 blocks left Bitcoin Difficulty: 49,446,390,688 Estimated Next Difficulty: 47,717,551,792 (-3.50%) Adjust time: After 221 Blocks, About 1.6 days Hashrate(?): 327,923,230 GH/s Block Generation Time(?): 1 block: 10.5 minutes 3 blocks: 31.4 minutes 6 blocks: 1.0 hours Updated: 0:10 (5.3 minutes ago) www.coinbase.com is at 224 usd with 221 blocks left negative is certain we would need to do all 221 blocks in under 24 hours time. that won't happen. Pretty amazing another negative. Looking back a year ago I would have never guessed so many negatives in the future. I was guessing positive, man was I wrong. |
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philipma1957 (OP)
Legendary
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Activity: 4116
Merit: 7834
'The right to privacy matters'
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April 18, 2015, 05:19:13 AM |
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I am looking at www.bitcoinwisdom.com(-3.50%)221 blocks left Bitcoin Difficulty: 49,446,390,688 Estimated Next Difficulty: 47,717,551,792 (-3.50%) Adjust time: After 221 Blocks, About 1.6 days Hashrate(?): 327,923,230 GH/s Block Generation Time(?): 1 block: 10.5 minutes 3 blocks: 31.4 minutes 6 blocks: 1.0 hours Updated: 0:10 (5.3 minutes ago) www.coinbase.com is at 224 usd with 221 blocks left negative is certain we would need to do all 221 blocks in under 24 hours time. that won't happen. Pretty amazing another negative. Looking back a year ago I would have never guessed so many negatives in the future. I was guessing positive, man was I wrong. not so sure what to think. I saw this starting when the s-3 came out and the s-1 was downclocking to 1.2 watts thus the new gen was 1.2 to .8 watts I predicted the big slowdown would be worse with the s-5 only doing .52 watts. What I missed was price dropping from 350-400 late last year to the current 220 now. My guess is if price were to jump to 1000 usd or better yet 2000 usd we would see insane growth I am not to sure what is best for the coin. Have to wait it out. |
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Mikestang
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April 18, 2015, 05:54:45 AM |
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My guess is if price were to jump to 1000 usd or better yet 2000 usd we would see insane growth I am not to sure what is best for the coin. Have to wait it out.
I don't think we'll see prices like that for like two more halvings; but since the number of block reward coins then will be 6.25, at $1000/ BTC a block would still be worth basically the same in 8 years as it is today. |
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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April 18, 2015, 06:03:39 AM |
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I am looking at www.bitcoinwisdom.com(-3.50%)221 blocks left Bitcoin Difficulty: 49,446,390,688 Estimated Next Difficulty: 47,717,551,792 (-3.50%) Adjust time: After 221 Blocks, About 1.6 days Hashrate(?): 327,923,230 GH/s Block Generation Time(?): 1 block: 10.5 minutes 3 blocks: 31.4 minutes 6 blocks: 1.0 hours Updated: 0:10 (5.3 minutes ago) www.coinbase.com is at 224 usd with 221 blocks left negative is certain we would need to do all 221 blocks in under 24 hours time. that won't happen. Pretty amazing another negative. Looking back a year ago I would have never guessed so many negatives in the future. I was guessing positive, man was I wrong. not so sure what to think. I saw this starting when the s-3 came out and the s-1 was downclocking to 1.2 watts thus the new gen was 1.2 to .8 watts I predicted the big slowdown would be worse with the s-5 only doing .52 watts. What I missed was price dropping from 350-400 late last year to the current 220 now. My guess is if price were to jump to 1000 usd or better yet 2000 usd we would see insane growth I am not to sure what is best for the coin. Have to wait it out. I'm still not sure when all the A1's will be removed. I thought it would have already happened. But with so many negatives I think there are quite a few A1's still providing hash. I think there is a lot of "old" gear that one day will come off just not sure when. |
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mavericklm
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April 18, 2015, 01:58:10 PM |
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what happened to the 12ph that where on tron? what happened to antpool, is it back to full speed? so y the -4%?  inefficient farms for btc but ok for pumped shit coins?..... |
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notlist3d
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Activity: 1456
Merit: 1000
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April 18, 2015, 02:11:12 PM |
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what happened to the 12ph that where on tron? what happened to antpool, is it back to full speed? so y the -4%? inefficient farms for btc but ok for pumped shit coins?..... It is at full spead for sure. If you look at it yesterday on antpool it temporary went up to 66.7 PH. Don't know where the burst came from was not long but you can see it: Picture: http://s100.photobucket.com/user/notlist3d/media/antpool/antpool_zpssmf9atth.png.html?sort=3&o=0 |
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philipma1957 (OP)
Legendary
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Activity: 4116
Merit: 7834
'The right to privacy matters'
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April 18, 2015, 02:44:10 PM |
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what happened to the 12ph that where on tron? what happened to antpool, is it back to full speed? so y the -4%? inefficient farms for btc but ok for pumped shit coins?.....Also most mining is Northern Hemisphere and the heat is coming. For me summer rates jump from 13 to 16.9 cents. Add in heat factor my winter rates are 10 cents and my summer rates are 18 cents. For others worse then above. Now I sold off 12 sp20s and 2 s-5's . I kept the 2 avalon 4.1's . I clocked them down to 1600 gh vs 2200gh as I don't need the heat they make. I suspect a lot of miners are starting to down clock. So a home miner may have a 20% drop off. Since we are not the big amount of network hash rate our 20% drop turns into 3 or 4 or 5 % |
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