joblo
Legendary
Offline
Activity: 1470
Merit: 1114
|
|
July 22, 2016, 02:30:29 AM |
|
oh really ? then let's see if you succeed in enabling single-coin mining
Yes really. Anyway my proposal was not directed to you, it was meant for Crackfoo, you know the guy who runs zpool. I'd take his word before yours and he'd likely elaborate in his response, unlike you. Speaking of elaborating I'll elaborate on my proposal. It is essentially a cross between yiimp and zpool. Take the per-coin selection from yiimp and the autoexchange from zpool. That's what I thought (hoped) yiimp was going to be in the first place. The main issue I see is how to specify both a mining coin and payout coin. Seperate ports for specific coins is one way. A now defunct pool, trademybit, had both single coin ports and multicoin algo ports. Their API, however, only supported the multi-coin pools. It could also be implemented on a seperate server, one for the multipools and one for the single coin pools. The auto-exchange and API are the missing features from existing single coin pools.
|
|
|
|
jkminkov
|
|
July 22, 2016, 06:49:18 AM |
|
The problem with lbry(if it is a problem), is currently we need a lot of Mhash to get it profitable. In a rolling scrypt batch file, you won't stay on the coin long enough to solve it when current blocks are found in 30 minute or longer intervals. To get it profitable we need to get down to about 5 min intervals so a scrypt will actually stay on it long enough to find it. Otherwise its manually selecting the coin to force it to pay. It's the same with sib at the moment. Both coins are incredibly profitable but we currently don't have the hash to hit it.
The probability of finding a block doesn't change with time, it's always the same given a certain difficulty, so "staying on a coin long enough" doesn't make sense. See "gambler's fallacy" for further explanation. true if you play with fiat, a dollar is a dollar after a week, in altcoins your winnings usually drop in hours to the point where your bet becomes higher than winning in a 50:50 game. I don't even bring luck probability where you need at least 2% of total blocks within a difficulty change to have at least average winnings(like in 50:50 game), but this is more for bitcoin mining where difficulty changes in 2 weeks.
|
.:31211457:. 100 dollars in one place talking - Dudes, hooray, Bitcoin against us just one, but we are growing in numbers!
|
|
|
pallas
Legendary
Offline
Activity: 2716
Merit: 1094
Black Belt Developer
|
|
July 22, 2016, 08:08:16 AM Last edit: July 22, 2016, 08:20:24 AM by pallas |
|
The problem with lbry(if it is a problem), is currently we need a lot of Mhash to get it profitable. In a rolling scrypt batch file, you won't stay on the coin long enough to solve it when current blocks are found in 30 minute or longer intervals. To get it profitable we need to get down to about 5 min intervals so a scrypt will actually stay on it long enough to find it. Otherwise its manually selecting the coin to force it to pay. It's the same with sib at the moment. Both coins are incredibly profitable but we currently don't have the hash to hit it.
The probability of finding a block doesn't change with time, it's always the same given a certain difficulty, so "staying on a coin long enough" doesn't make sense. See "gambler's fallacy" for further explanation. true if you play with fiat, a dollar is a dollar after a week, in altcoins your winnings usually drop in hours to the point where your bet becomes higher than winning in a 50:50 game. sometimes it goes down sometimes up. and even if it goes down, you should bring block maturity time into account: for example decred needs a full day. EDIT: furthermore, the average payout per unit of time doesn't change so your point is void. I don't even bring luck probability where you need at least 2% of total blocks within a difficulty change to have at least average winnings(like in 50:50 game), but this is more for bitcoin mining where difficulty changes in 2 weeks.
again difficulty goes up and down. in the case of lbry, we mined only 3 blocks in two days and profit was much higher than expected, and much higher than any other "fast block" coins there is.
|
|
|
|
Drenaj
Newbie
Offline
Activity: 8
Merit: 0
|
|
July 22, 2016, 11:05:02 AM |
|
Indeed we have found 3 blocks and profit is more than lyra2v2 and other altcoins. I am mining with a GTX 1070 OC (190core-452mem) at the moment and getting 252 MH/S. We need more miners to get better results, come join us people! 4th Block arriving soon, don't miss the chance
|
|
|
|
joblo
Legendary
Offline
Activity: 1470
Merit: 1114
|
|
July 22, 2016, 11:55:53 AM |
|
The probability of finding a block doesn't change with time, it's always the same given a certain difficulty, so "staying on a coin long enough" doesn't make sense. See "gambler's fallacy" for further explanation.
true if you play with fiat, a dollar is a dollar after a week, in altcoins your winnings usually drop in hours to the point where your bet becomes higher than winning in a 50:50 game. And an LBC is an LBC after a week. If the graph was shown in the native coin it would only drop at payout time or when a block orphans. Since the graph is displayed in a different currency the exchange fluctuations are added to the graph. Exchange price can go up and down. Profit switching and auto exchange can exacerbate the exchange fluctuations. When a coin becomes profitable it attracts a lot more hash. That more hash will produce more coins. When the coins mature and are sent to the exchnage it will put downward pressure on the price. It can be concluded that will put a downward bias on time risk.
|
|
|
|
joblo
Legendary
Offline
Activity: 1470
Merit: 1114
|
|
July 22, 2016, 12:04:58 PM |
|
Indeed we have found 3 blocks and profit is more than lyra2v2 and other altcoins. I am mining with a GTX 1070 OC (190core-452mem) at the moment and getting 252 MH/S. We need more miners to get better results, come join us people! 4th Block arriving soon, don't miss the chance A newbie sharing wisdom with their first post? Not likely. Two of your three points are false. More miners, ie more hash, will push up diff and reduce reward. And the next block is just as likely to be found now as it was immediately after the previous block was found if you factor out diff fluctuations. A silly mistake to make just after discussing the gambler's fallacy.
|
|
|
|
pallas
Legendary
Offline
Activity: 2716
Merit: 1094
Black Belt Developer
|
|
July 22, 2016, 12:07:02 PM |
|
The probability of finding a block doesn't change with time, it's always the same given a certain difficulty, so "staying on a coin long enough" doesn't make sense. See "gambler's fallacy" for further explanation.
true if you play with fiat, a dollar is a dollar after a week, in altcoins your winnings usually drop in hours to the point where your bet becomes higher than winning in a 50:50 game. And an LBC is an LBC after a week. If the graph was shown in the native coin it would only drop at payout time or when a block orphans. Since the graph is displayed in a different currency the exchange fluctuations are added to the graph. Exchange price can go up and down. Profit switching and auto exchange can exacerbate the exchange fluctuations. When a coin becomes profitable it attracts a lot more hash. That more hash will produce more coins. When the coins mature and are sent to the exchnage it will put downward pressure on the price. It can be concluded that will put a downward bias on time risk. it works that way if most of the other miners ot that coin are not dumping, and it doesn't apply to lbry anyways because zpool has a very low percentage of hashrate. and, again, probability is not affected by time, so the frequency of block finding doesn't affect the price the coins will be sold at.
|
|
|
|
joblo
Legendary
Offline
Activity: 1470
Merit: 1114
|
|
July 22, 2016, 12:33:30 PM |
|
The probability of finding a block doesn't change with time, it's always the same given a certain difficulty, so "staying on a coin long enough" doesn't make sense. See "gambler's fallacy" for further explanation.
true if you play with fiat, a dollar is a dollar after a week, in altcoins your winnings usually drop in hours to the point where your bet becomes higher than winning in a 50:50 game. And an LBC is an LBC after a week. If the graph was shown in the native coin it would only drop at payout time or when a block orphans. Since the graph is displayed in a different currency the exchange fluctuations are added to the graph. Exchange price can go up and down. Profit switching and auto exchange can exacerbate the exchange fluctuations. When a coin becomes profitable it attracts a lot more hash. That more hash will produce more coins. When the coins mature and are sent to the exchnage it will put downward pressure on the price. It can be concluded that will put a downward bias on time risk. it works that way if most of the other miners ot that coin are not dumping, and it doesn't apply to lbry anyways because zpool has a very low percentage of hashrate. and, again, probability is not affected by time, so the frequency of block finding doesn't affect the price the coins will be sold at. The surge in new autodumped coins puts the downward pressure on price, The bigger the surge, the bigger the impact. You mine coins when diff is low and profitability is high. When the surge hits the exchange (as market sell orders) it eats up all the buy orders orders and pushes the price down. Since most pools use the same factors to calculate profit they usually switch in sync. So it's not just zpool but the total of all profit switch autoexchange pools. Smart sellling can mitigate the effect but requires a bigger time investment.
|
|
|
|
Drenaj
Newbie
Offline
Activity: 8
Merit: 0
|
|
July 22, 2016, 01:17:15 PM |
|
Indeed we have found 3 blocks and profit is more than lyra2v2 and other altcoins. I am mining with a GTX 1070 OC (190core-452mem) at the moment and getting 252 MH/S. We need more miners to get better results, come join us people! 4th Block arriving soon, don't miss the chance A newbie sharing wisdom with their first post? Not likely. Two of your three points are false. More miners, ie more hash, will push up diff and reduce reward. And the next block is just as likely to be found now as it was immediately after the previous block was found if you factor out diff fluctuations. A silly mistake to make just after discussing the gambler's fallacy. Sorry man, didn't know being a newbie attracts dictators to come and dictate some "knowledge" about difficulty factors and whatever. I just wanted to share my gpu's hashrate and let others know that lbry is more profitable than lyra2v2... I'm not involved in your pool wars versus other users or other kinds of arguments...
|
|
|
|
joblo
Legendary
Offline
Activity: 1470
Merit: 1114
|
|
July 22, 2016, 03:25:04 PM |
|
Indeed we have found 3 blocks and profit is more than lyra2v2 and other altcoins. I am mining with a GTX 1070 OC (190core-452mem) at the moment and getting 252 MH/S. We need more miners to get better results, come join us people! 4th Block arriving soon, don't miss the chance A newbie sharing wisdom with their first post? Not likely. Two of your three points are false. More miners, ie more hash, will push up diff and reduce reward. And the next block is just as likely to be found now as it was immediately after the previous block was found if you factor out diff fluctuations. A silly mistake to make just after discussing the gambler's fallacy. Sorry man, didn't know being a newbie attracts dictators to come and dictate some "knowledge" about difficulty factors and whatever. I just wanted to share my gpu's hashrate and let others know that lbry is more profitable than lyra2v2... I'm not involved in your pool wars versus other users or other kinds of arguments... I you don't like my advice you are free to ignore it but I won't sit by while the uninformed post incorrect information. I would expect the same when I get things wrong. It's called learning. And please don't resort to name calling, Such anger is unproductive. If it was my sarcasm that put you off, I apologize. But that was not the central part of my post, I was simply trying to correct misinformation. Does that justify calling me a dictator?
|
|
|
|
smilodon
Member
Offline
Activity: 127
Merit: 10
|
|
July 22, 2016, 08:42:58 PM |
|
I turns out that constantly. 3.767218 TTY 4.7090% 0.000000 1m ago Immature (3) Trinity (myr-gr) 0.780378 TTY 1.3006% 0.000000 2m ago Immature (2)
|
|
|
|
JaredKaragen
Legendary
Offline
Activity: 1848
Merit: 1166
My AR-15 ID's itself as a toaster. Want breakfast?
|
|
July 23, 2016, 10:49:55 AM |
|
Testing V1.05 presently. If its good to go by tomorrow sometime, Ill post it up.
To prepare: linked on my post where I update the code are all of the miner apps I have used. I took the neoscrypt and lyra2 versions from the nicehash miner /bin folder, and named them ccminerNS.exe and ccminerlyra2.exe respectively.
And as goes the x11evo version and the 1.8.0 versions for the other two as it was before.
I didn't strip out the timer just yet.... but I took some code redundancy out and it looks much cleaner.
I ran each miner app and checked what default intensity was and entered it in all the algos that I haven't trimmed back; just to clean up the code segments.
skein is still removed from the main loop. you will find it's code and normalization values down at the bottom of the code when it's posted.
So far, much simpler than I expected it to be. The old bug of not detecting the active app is gone.
|
|
|
|
tbearhere
Legendary
Offline
Activity: 3220
Merit: 1003
|
|
July 23, 2016, 11:04:21 AM |
|
Thx JK If I took out skein algo out of my conf file would I earn more BTC? Thx
|
|
|
|
JaredKaragen
Legendary
Offline
Activity: 1848
Merit: 1166
My AR-15 ID's itself as a toaster. Want breakfast?
|
|
July 23, 2016, 11:18:28 AM |
|
Thx JK If I took out skein algo out of my conf file would I earn more BTC? Thx
I just noticed every time my miner would stay on skien more than other algos, it wouldn't earn near as much during that time. Putting my machine solid on lyra2 for a few weeks has been surprisingly good returns.
|
|
|
|
tbearhere
Legendary
Offline
Activity: 3220
Merit: 1003
|
|
July 23, 2016, 11:26:38 AM |
|
Thx JK If I took out skein algo out of my conf file would I earn more BTC? Thx
I just noticed every time my miner would stay on skien more than other algos, it wouldn't earn near as much during that time. Putting my machine solid on lyra2 for a few weeks has been surprisingly good returns. Yes I noticed that too. And right now their all on that algo...maybe one or two coins in that algo bringing down the profits. Thx
|
|
|
|
smilodon
Member
Offline
Activity: 127
Merit: 10
|
|
July 23, 2016, 03:09:35 PM |
|
crackfoo can we do something with the trinyti myr -gr?
Rich (myr-gr) 0.528737 RICHX 13.2184% 0.000601 51s ago Immature (1) Myriad (myr-gr) 65.250483 MYR 13.0501% 0.019823 1m ago Immature (1) Trinity (myr-gr) 4.975975 TTY 14.2171% 0.000000 1m ago Immature (2) Aurora (skein) 0.000645 AUR 0.0258% 0.000147 2m ago Immature (6) Trinity (myr-gr) 8.008209 TTY 10.9701% 0.000000 3m ago Immature (3) Aurora (skein) 0.000906 AUR 0.0362% 0.000206 4m ago Immature (21) Trinity (myr-gr) 3.034404 TTY 6.8964% 0.000000 5m ago Immature (4)
my wallet 15TZv5B7Bq6G9keCBYR6tTD7vvTbwtnhEY
|
|
|
|
permiepirate
Newbie
Offline
Activity: 11
Merit: 0
|
|
July 23, 2016, 04:09:11 PM |
|
I have one gtx 1070 and two gtx 950's i have been messing around with zpool and JK's bat file. Unfortunately i don't think mining at zpool is in my favor at the moment due to extremely long blocks on lbc. mined overnight last night no block in the morning. i have moved to another pool just for lbc for now when that dies down i will be back. I will be getting two more gtx 1070's soon waiting for newegg to get them back in stock. If I put a different pool in the bat just for lbc with the auto switch bat still work properly? Mining on zpool for all coins/algos but lbc?
|
|
|
|
joblo
Legendary
Offline
Activity: 1470
Merit: 1114
|
|
July 23, 2016, 04:55:11 PM |
|
Thx JK If I took out skein algo out of my conf file would I earn more BTC? Thx
Putting my machine solid on lyra2 for a few weeks has been surprisingly good returns. If you like lyra2 try it with cpuminer-opt, i7-6700K almost as fast as 960 and more efficient. I still have no idea what coin still uses it.
|
|
|
|
aarons6
Legendary
Offline
Activity: 1736
Merit: 1006
|
|
July 23, 2016, 08:21:22 PM |
|
i like this pool but it does not like my s7s..
it doesnt seem to be producing enough work to keep them busy.. one or two hashing boards drop out and go to 25c temp and my hash speed drops down to 1.5th or so.
i set the difficulty to 60,000 and it doesnt help.
|
|
|
|
Spiffy_1
|
|
July 23, 2016, 10:32:02 PM |
|
Shameless SIB plug. If you're on suprnova mining it you guys have a huge chunk of the networks hashrate. Come switch over for a while and help decentralise the pools a bit. The profit margins thank you as do the coin supporters. See you guys soon
|
If you like what I've posted, mine for me on whatever algo you like on www.zpool.ca for a minute using my bitcoin address: 1BJJYPRcRPzTEfByCwkeJ8SCBcrnGD1nhL
|
|
|
|