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[SpeedDemon13]

6 Sapphire R9 290x Trixx at ~165Mh  

After mining with various algos i am more and more sure what 7850/7870/270 have the best speed/price ratio.

You always have to factor in scalability too. More hash power per rig. Because if you have to build two or more rigs with the same hash power of 6x 290x, you might end up using more power. Because you still have to power another mobo and cpu per rig, just my advice and opinion on it.

Yes, but 165/6=27.5 per gpu and i have about 65-70% of hash power for less than 50% price.

People in the crypto realm will always argue power efficiency and others will argue scalability. Like in servers or computing in the IT world, people will balance power efficiency, but put a premium on scalability. I side towards scalability personally.

To power each additional rig will be an extra 75 watts to 120 watts for the mobo, cpu and other components plus the cost of the base setup, even if those components are mostly at idle. Then you have to factor space issues also. Power cost kind of goes out the door once you have enough hash power to compensate, exception if your in an area where electricity is too expensive. My rate are 16.8 cents baseline and 33 cents peak/over base line per kwh in California.

I'm doing about 790 watts shown on a kill-a-watt meter for my current setup.

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[reftop123]

Yes, but 165/6=27.5 per gpu and i have about 65-70% of hash power for less than 50% price.

Impossible. I have 1 rig with 1 motherboard, 1 cpu, 1 sdd & 2 psu.
You have 50% of my price for your rig, only having a 65% hashrate, you need to continue that line until you meet my hashrate and get the total costs of THAT setup.

You'll see that in the longer end, it's more expensive. I've started out like that and had 5 rigs running for the same hashrate that i've got 2 rigs running now.
You will need 3x more PSU, SDD, motherboard, CPU's, .....

Fine for me, as i said earlier  

But for me electricity is free, and even more, old 775 dual pci-e mobos, shitty cases, cpu's and more or less ''standart'' psu's are free too

I just can't setup a giant monster with 2 psu's and GPU'S on risers at work. I am prefer 6 ''usual'' (and free) computers in usual cases.



More shit-look, less questions

[SpeedDemon13]

Yes, but 165/6=27.5 per gpu and i have about 65-70% of hash power for less than 50% price.

Impossible. I have 1 rig with 1 motherboard, 1 cpu, 1 sdd & 2 psu.
You have 50% of my price for your rig, only having a 65% hashrate, you need to continue that line until you meet my hashrate and get the total costs of THAT setup.

You'll see that in the longer end, it's more expensive. I've started out like that and had 5 rigs running for the same hashrate that i've got 2 rigs running now.
You will need 3x more PSU, SDD, motherboard, CPU's, .....

Fine for me, as i said earlier   I just can't setup a giant monster with 2 psu's and GPU'S on risers at work. I am prefer 6 ''usual'' computers in usual cases.

True, your job might start questioning you why you have a open system with risers...lmfao

I'm trying to reduce my 2x 850 watt corsair psus to one 1300 watt evga supernova that I got for $50 US, but still need to buy the cables for it...lol That will probably increase my efficiency to around 750 watts, I know there some power leakage running two psus oppose to a single one.

Maybe down clock the memory on the gpus, seem like the Eth hash algo is more responsive to core OC'ing than memory....

[Gumbork]

there is a good amount of cheap video cards on ebay right, i might grab a few to setup a rig. how long is the mining period for ?

[bitspender]

More shit-look, less questions

And here i am, removing the dust from my rigs on a daily base with a little brush between every fanblade and cooling fin 
Badass setup mate 

[SpeedDemon13]

there is a good amount of cheap video cards on ebay right, i might grab a few to setup a rig. how long is the mining period for ?

Until 2mil is reached, than a voting will occur to continue pow or pow/pos hybrid or total pos.

[SpeedDemon13]

More shit-look, less questions

And here i am, removing the dust from my rigs on a daily base with a little brush between every fanblade and cooling fin  
Badass setup mate  

Looks like a good old LGA 775 board...lol

But pci-e risers would be good to keep temps low, which in turn decrease power leakage. Risers are cheap on ebay and amazon.

[Gumbork]

there is a good amount of cheap video cards on ebay right, i might grab a few to setup a rig. how long is the mining period for ?

Until 2mil is reached, than a voting will occur to continue pow or pow/pos hybrid or total pos.

Thanks for the info, whats the current supply if im not wrong there is 18k in new coins everyday.

[SpeedDemon13]

there is a good amount of cheap video cards on ebay right, i might grab a few to setup a rig. how long is the mining period for ?

Until 2mil is reached, than a voting will occur to continue pow or pow/pos hybrid or total pos.

Thanks for the info, whats the current supply if im not wrong there is 18k in new coins everyday.

As of this typing, we are at 24,408. So, 24,408 x 3 = 73,224 approximately, that's not including uncles...

[Corsa1r]

Is it just me or does the block explorer not work? I've mined a couple of blocks but putting address in the block explorer shows nothing

[8-bit-Party]

http://www.mydocker.xyz:8000/ does not support address search (yet)

[ShiftTeam]

http://www.mydocker.xyz:8000/ does not support address search (yet)

I can give you a heads up regarding development. We are currently implementing a SQL-backend to work parallel with leveldb and in future completely replace leveldb. By this you can pretty much take any blockexplorer on github and convert it. This might help possibility to establish a more solid version than the ones currently existing as open source for ethereum. We have asked to be added on existing explorers, but no luck.

[Q_R_V]

I have to say that decentralization is pretty bad at the moment    One pool and all hashpower in it. Seriously?
We need more pools if this project have to thrive.

[P-Funk]

ShiftTeam, is the long term goal to provide a platform equal to Ethereum as far as its decentralized application feature? I ask because I see your twitter name is "shiftcurrency." The Ethereum project has done their best to present Ether as a token of value for their network, putting the focus on the network's application abilities rather than its ability to transmit its token or currency from one account to another, which the thousands of cryptocurrencies out there are all capable of doing.

[Hix]

I have to say that decentralization is pretty bad at the moment    One pool and all hashpower in it. Seriously?
We need more pools if this project have to thrive.

91 blocks per hour it is only 35-40% from all blocks.

[trid]

One pool and all hashpower in it.

No
net hashrate on pool counts only pool speed, w/o solo miners etc

[ShiftTeam]

ShiftTeam, is the long term goal to provide a platform equal to Ethereum as far as its decentralized application feature? I ask because I see your twitter name is "shiftcurrency." The Ethereum project has done their best to present Ether as a token of value for their network, putting the focus on the network's application abilities rather than its ability to transmit its token or currency from one account to another, which the thousands of cryptocurrencies out there are all capable of doing.

This is exactly our aim and will be more clear in our mission statement that will come. The whole idea behind shift is to pay bountys for Shift nodes and for pushing dapps onto the shift network, That is the whole idea since we got started. Right now we are, and have experienced some issues with bugs in ethereum core which have taken a toll on the development team not being able to focus on the above things, but instead have to spend alot of time error searching. However, there is no other way to do this, we must have a solid base to stand upon, the bugs must be fixed first. Right now there is a issue that transactions gets inserted into THE LOCAL (not global) transaction database that should not be there, which makes transactions hard to verify. Ocminer are experiencing some problems with this.

Kind regards

[Q_R_V]

Well, you are right, my bad. I just noticed number of blocks. At first moment i looked at Net Hashrate displayed at suprnova. Nevertheless more pools would be nice. If i am not mistaken current ethereum pools could be relatively easy forked and changed into shift pools. Am i right?

[ShiftTeam]

Well, you are right, my bad. I just noticed number of blocks. At first moment i looked at Net Hashrate displayed at suprnova. Nevertheless more pools would be nice. If i am not mistaken current ethereum pools could be relatively easy forked and changed into shift pools. Am i right?

This is correct. Would take about 20 mins of work. But since we are experience the above bug maybe this is not the best time for lifting new pools.

[P-Funk]

Currently there is a supply of 72,998,905 Ether. This is the 60,000,000 from the IPO + 12,000,000 for foundation/development/contributor rewards + about a million from mining since Frontier got its start. Now from mining, assuming the 15 second block target holds, we get an annual inflation of 10,519,200 Ether (5760 blocks/day * 5 ether per block * 365.25). So only if Ether mining continued for 7 years would mining rewards surpass its premine. But then there's this, scroll down to Difficulty adjustment scheme: https://blog.ethereum.org/2015/08/04/ethereum-protocol-update-1/

At Ethereum block 200,000 (under 9 hours away as of writing) the difficulty starts to increase little by little beyond the nethashrate's target. This scheme is to freeze out the network to allow it to switch to proof-of-stake. I haven't read if block target or reward will change at the PoS changeover, but if it stays the same it will still take just under 7 years for the Ethereum network's mining/staking rewards to match the 72 million Ether premine.

I think for this reason a healthy fork of Ethereum such as (maybe) Shift will make a healthier ecosystem for this type of network. It's a good selling point for Shift too.