Jonny's Mining Emporium (bravo-mining.com)

[bctmke]

The couple I've seen go up were for infinite hash at 0.0053.  They lasted seconds to a couple minutes max.  0.0051 has been pretty consistent... only getting bumped off when those crazy infinite hash orders come online.

Yep thats reasonable.  In many cases you just have to accept that the hash rate might fluctuate as bigger orders come in.

If I want to be sure my hash rate stays - i'll put a fixed order in.  The most recent one was for 40TH for 24 hours or so and it was only .0055.  So not a ton more expensive.

In the end you'll need to play and find the sweet spot for what you want.

[bctmke]

I'm still unclear on the work performed -- I'm guessing that your explanation says that if the pool suffers "bad luck" there will be a diminishing return...

Yes that certainly could be the case.

It's all about the luck.  Good luck and things work in your favor.  Bad luck and they won't

[jonnybravo0311]

Somebody's got some coin to burn... infinite hash orders on both NH and WH for 0.0059 and 0.0058 respectively.  Wonder how long those will last...

EDIT: make that 0.0065.  Some new sha256 alt coin just launch? .... Andddd...gone.

[valkir]

Come on lets have a nice xmas and lets get a block  

Edit: Curious, Jonny are you mining with almost 1ph on Kano ?

[kano]

Come on lets have a nice xmas and lets get a block  

Edit: Curious, Jonny are you mining with almost 1ph on Kano ?

No that isn't him

[jonnybravo0311]

As Kano mentioned, that miner is not me.  My account on Kano's pool is the same as my username here: jonnybravo0311.  All of my gear, save 2 s3s is pointed to my pool.  Those last two will be directed here on Friday after they wrap up my year-long test on OgNasty's hybrid p2pool solution.

[RozoTheMiner]

Come on Christmas block. I'm going to rent 100Th for a day too and hopefully we get it.

[RozoTheMiner]

nicehash.com usually.  MRR also is a good choice but I usually find their prices to be higher.

And...

I can also vouch for nicehash.

I got lucky the two times I used it at a few different pools and they both went on good luck streaks so the PPLNS worked out in my favor (meaning I earned back what I spent and then some).

Thanks guys!!!

It took some additional help from Jonny -- but I was able to get it to work here...

In the meantime -- I played around with another pool and had the same luck Btcmke had!!!

I'm considering moving my machines over -- but I have a question...

It appears that mining-bravo keeps your work record -- like forever (until a block is found/built)...

In the current pool I'm mining at -- we only get credit for the last 10 shifts...

So, my question is:  If I mined here for a week (example purposes) and then went somewhere else -- and then 2 weeks bravo found a block -- would I still get paid for the week that I was here???

I'm not advocating short term participation -- I'm just trying to clarify...

Thanks again for your help...

 

Let's see if I can help clarify things.  The pool pays out using PPLNS.  That means shares have a shelf life.  Currently, it's set to 5N, where N is calculated dynamically based upon the shares of the previous 5 rounds.  All things being equal, that translates into about 5 blocks worth of payments per share.  In other words, if the pool finds blocks at exactly 100% luck, then your share would be paid 5 times.

As with all PPLNS pools, there's the concept of "ramping", where you build up to your theoretical expected payout per share.  For the sake of this explanation, let's assume the pool finds one block per day.  Also, let's assume you mine for 10 days.  Here's how it would break down:

Day 1 - 1/5 expected
Day 2 - 2/5 expected
Day 3 - 3/5 expected
Day 4 - 4/5 expected
Day 5 - 5/5 expected
Day 6 - 5/5 expected
Day 7 - 5/5 expected
Day 8 - 5/5 expected
Day 9 - 5/5 expected
Day 10 - 5/5 expected
Day 11 - 4/5 expected
Day 12 - 3/5 expected
Day 13 - 2/5 expected
Day 14 - 1/5 expected
Day 15 - 0

As you can see, it all adds up.  You mine for 10 days, and you get 10 days of expected payouts... they're just spread out over 15 days

Good luck with your rental!!!  I really want to give that BTC to somebody for Christmas!

I thought I had a good idea how this works but I you just confuse me even more.

[jonnybravo0311]

Sorry about the confusion Rozo.  Let's see if I can explain this without even using Bitcoin. 

Assume you have an empty glass in front of you.  Now, you start pouring water into the glass.  Every now and then I'm going to come by and take a look at that glass and measure how much water you've got in it.  The first time I come by, you've got the glass only 1/5th of the way full.  I mark that down and pay you for 1/5th of a glass of water.  I come by a while later and you've got the glass 2/5 full.  OK, I mark it down and pay you for 2/5 of a glass of water.  This continues until the glass is full of water.  Once your glass is full I pay you for a full glass of water, but I also now open a valve at the bottom of the glass so that water drains out as fast as you're pouring it in.  In this fashion, your glass will always be full of water and every time I stop by, I see you've got a full glass and pay you for it.

Eventually, you stop pouring water into the glass.  However, that valve is still open, so the water is draining at the same rate you were pouring.  When I stop by the next time, I see you've only got 4/5 of a glass, so I pay you for that much.  The time after that, the glass is only 3/5 full, so I pay you for that.  This continues until the glass is empty.

In my story above, every time I stopped by is equivalent to the finding of a block.  I see how much water you have in the glass and pay you for however much is there.  My story assumed I stopped by at even intervals of time, so you'd always know when to expect me.

So, how does luck play into it?  Well, every time I stopped by, I made sure to calibrate that valve on the bottom of the glass.  If I stopped by more often than expected, I'd mark you down and pay you.  If I stopped by less than expected, the valve would clog up and the water you were pouring in would slosh over the edge of the glass and be wasted.  When I finally did stop by, I would notice you had a full glass, and pay you for it, then fix the valve so that the pour rate equaled the drain rate.

OK... maybe I shouldn't try explaining things after I've been drinking

[valkir]

That was perfect!  Really understand well how it work now.

[gupik65]

Wow!  It certainly appears the promo is drawing some decent sized players to the pool!  We're just shy of 1 PH now.

Best of luck to everyone!

Hello !!! Make like Kano as a miner would receive from its speed miners and then still fit people

[bctmke]

Sorry about the confusion Rozo.  Let's see if I can explain this without even using Bitcoin.  

Assume you have an empty glass in front of you.  Now, you start pouring water into the glass.  Every now and then I'm going to come by and take a look at that glass and measure how much water you've got in it.  The first time I come by, you've got the glass only 1/5th of the way full.  I mark that down and pay you for 1/5th of a glass of water.  I come by a while later and you've got the glass 2/5 full.  OK, I mark it down and pay you for 2/5 of a glass of water.  This continues until the glass is full of water.  Once your glass is full I pay you for a full glass of water, but I also now open a valve at the bottom of the glass so that water drains out as fast as you're pouring it in.  In this fashion, your glass will always be full of water and every time I stop by, I see you've got a full glass and pay you for it.

Eventually, you stop pouring water into the glass.  However, that valve is still open, so the water is draining at the same rate you were pouring.  When I stop by the next time, I see you've only got 4/5 of a glass, so I pay you for that much.  The time after that, the glass is only 3/5 full, so I pay you for that.  This continues until the glass is empty.

In my story above, every time I stopped by is equivalent to the finding of a block.  I see how much water you have in the glass and pay you for however much is there.  My story assumed I stopped by at even intervals of time, so you'd always know when to expect me.

So, how does luck play into it?  Well, every time I stopped by, I made sure to calibrate that valve on the bottom of the glass.  If I stopped by more often than expected, I'd mark you down and pay you.  If I stopped by less than expected, the valve would clog up and the water you were pouring in would slosh over the edge of the glass and be wasted.  When I finally did stop by, I would notice you had a full glass, and pay you for it, then fix the valve so that the pour rate equaled the drain rate.

OK... maybe I shouldn't try explaining things after I've been drinking

That's not bad and an interesting way to explain it!  I like it

Knocked my rental back a bit so it sticks around through xmas

[jonnybravo0311]

LOL... I was holding a glass of bourbon while I was writing it and that was the inspiration for the analogy I used

In other news, we're still holding strong at over 500TH.  Let's crack that block today so I can give somebody a nice little Christmas bonus!

[dodziu]

ive pulled out 1 S7 from Kano as i feel lucky today
lets crack this block

[jonnybravo0311]

Good luck!

[traxor]

I've only got 10 fingers dipped into the pool today -- but I'm hoping to grab ahold of that slippery and illusive block!!!

Hope that everyone is having an AWESOME holiday!!!

 

[icezer0z]

I've only got 10 fingers dipped into the pool today -- but I'm hoping to grab ahold of that slippery and illusive block!!!

Hope that everyone is having an AWESOME holiday!!!

 

Merry Christmas!! I logged on to check the pool and I have my fingers crossed as well hoping we get lucky!

[jonnybravo0311]

Well my rental ran out during the night with no luck.  I'll probably do another one next week.  I'm really hoping somebody gets lucky and wins the prize!

Hope everyone is having a great Christmas!

[bctmke]

Well my rental ran out during the night with no luck.  I'll probably do another one next week.  I'm really hoping somebody gets lucky and wins the prize!

Hope everyone is having a great Christmas!

Always a good time seeing family   It's too bad we didn't hit in the timeframe that your rental was up.

It'll come though

I've moved a S3 over so that I can have some constant hash rate for now and my rental is still around until sometime tomorrow.

[eghigo]

Well my rental ran out during the night with no luck.  I'll probably do another one next week.  I'm really hoping somebody gets lucky and wins the prize!

Hope everyone is having a great Christmas!

I will also do another rental next week hoping we hit the block for new year. Happy holidays to all