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Author Topic: [PicoStocks] 100TH/s bitcoin mine [100th]  (Read 469875 times)
klondike_bar
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February 21, 2014, 03:42:58 PM
 #1601

The mine has consistently performed below the expected hashrate.
That's not true. 500TH/28000TH*6*24*25=64.2BTC/day, or ~2.5 blocks/day.
So if we do 3 blocks/day we do better than the expected:
02-20 1
02-19 2
02-18 1
02-17 2
02-16 5
02-15 2
02-14 3
02-13 2
On average 18/8=2.25block/day.
Two days were better than expected, so your statement of consistently below the expected is wrong.


^what? Your logic is not very solid.

He was stating that the average hashrates (3 and 7 day periods) are both trailing under 500GH, closer to 430-450GH.

According to YOUR math, Its actually >2.568 blocks/day that should be found, especially if the mine actually hit the 1GH/share mentioned in a recent update (in which case, closer to 2.59 blocks/day - but lets use your numbers....

ACTUAL/EXPECTED = 2.25/2.568 = 87.62%       

over the past 18 days, the 500TH mine has been operating at 13% less than the expectations - this is pretty massive seperation

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February 21, 2014, 03:59:48 PM
 #1602

The mine has consistently performed below the expected hashrate.
That's not true. 500TH/28000TH*6*24*25=64.2BTC/day, or ~2.5 blocks/day.
So if we do 3 blocks/day we do better than the expected:
02-20 1
02-19 2
02-18 1
02-17 2
02-16 5
02-15 2
02-14 3
02-13 2
On average 18/8=2.25block/day.
Two days were better than expected, so your statement of consistently below the expected is wrong.


true is  521TH/28000TH*6*24*25=72.3BTC/day, or almost 3 blocks/day.
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February 21, 2014, 09:06:31 PM
 #1603

If you use difficulty instead of hashrate, 500TH should yield 80+ coins a day.

Just plug hashrate into a calculator like bitcoinx.

The problem i see is that we have never consistently averaged ~500TH.
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February 22, 2014, 08:36:35 AM
 #1604

Hardware is ok (>500Th/s) but software not suitable for this mine.
We're losing a large part of the profit every day because they are afraid to employ a good programmer.
kano
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February 22, 2014, 08:56:48 AM
 #1605

Hardware is ok (>500Th/s) but software not suitable for this mine.
We're losing a large part of the profit every day because they are afraid to employ a good programmer.

Smiley

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February 22, 2014, 11:11:26 AM
 #1606

Oprogramowanie kopalni nie ma nic wspólnego z oprogramowaniem giełdy - więc argument bezpieczeństwa odpada.
W tym tygodniu podobno odbyło się spotkanie Leszka i Dave'a mieli omawiać też sprawy softu kopalni.
Nie bawią mnie plany zmiany softu za pół roku bo wtedy  kopanie (w tej kopalni)będzie już nieopłacalne.
Z moich obserwacji wynika że 500Th/s ma najmniejsze szczęście w całym systemie lub (nie posądzam nikogo) bloki są upłynniane gdzie indziej(?).
Dave pisał już dawno temu że pracuje nad statystykami a'la Slush, moim zdaniem wystarczy przerobić istniejące statystyki dodać do każdej linijki adres portfela na którym kopie dany sprzęt i wszystko będzie czytelne.
Czekam na aktualny raport ze spotkania.


ps. Jeżeli ktoś może to niech przetłumaczy na Angielski.
kano
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February 22, 2014, 11:21:48 AM
 #1607

...
ps. Jeżeli ktoś może to niech przetłumaczy na Angielski.
Google 'Manglish' Smiley
But easy enough to understand most of it ...

Software mine has nothing to do with the software exchange - so the argument falls security.
This week, apparently there was a meeting of Leszek and Dave had also discussed the matter firmware mine.
Do not play me plans to change the firmware for half a year because then digging (in the mine) will no longer be viable.
From my observation that the 500th / s has the least happiness of the entire system, or (do not suspect anyone) blocks are liquidated elsewhere (?).
Dave wrote a long time ago that he was working on statistics la Slush, in my opinion, is sufficient to convert the existing statistics add to each line of the address book in which copies of the hardware and everything will be clear.
Waiting for current report from the meeting.

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gebir
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February 22, 2014, 11:27:27 AM
 #1608

thx Kano  Roll Eyes
firmware = software
klondike_bar
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February 22, 2014, 03:44:16 PM
 #1609

Oprogramowanie kopalni nie ma nic wspólnego z oprogramowaniem giełdy - więc argument bezpieczeństwa odpada.
W tym tygodniu podobno odbyło się spotkanie Leszka i Dave'a mieli omawiać też sprawy softu kopalni.
Nie bawią mnie plany zmiany softu za pół roku bo wtedy  kopanie (w tej kopalni)będzie już nieopłacalne.
Z moich obserwacji wynika że 500Th/s ma najmniejsze szczęście w całym systemie lub (nie posądzam nikogo) bloki są upłynniane gdzie indziej(?).
Dave pisał już dawno temu że pracuje nad statystykami a'la Slush, moim zdaniem wystarczy przerobić istniejące statystyki dodać do każdej linijki adres portfela na którym kopie dany sprzęt i wszystko będzie czytelne.
Czekam na aktualny raport ze spotkania.


ps. Jeżeli ktoś może to niech przetłumaczy na Angielski.

I don't understand that much polish - you gotta post english on an english forum

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karol
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February 22, 2014, 03:55:52 PM
 #1610

It was posted with ask to translate to English, and Kano did it.
I believe some important information (about Dave's and Tytus's metting) and interesting opinion was posted in this post.
lenart_o
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February 24, 2014, 10:20:11 AM
 #1611

Today seems to be a good day 3 blocks already found
Hi,
I looking for similar hashrate pools and what I see :
bitminter "have only" 367 Thps
and look at their block income https://bitminter.com/blocks
this is lucky pool??
in slush  look at stats:
https://mining.bitcoin.cz/stats/

I'm trying to understand what is with this pool bad luck or something else?
kaerf
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March 02, 2014, 10:46:38 PM
 #1612

we finally had a better than average week.
snowdropfore
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March 04, 2014, 07:44:00 AM
 #1613

are we adding hashrate??

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kaerf
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March 06, 2014, 01:32:55 AM
 #1614

are we adding hashrate??

i'm guessing it's luck (http://150.254.111.246/us/ still has us around 522 TH/s), but it's some nice luck...the 7day average is near 1 PH/s.

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March 06, 2014, 08:54:52 AM
 #1615

Can we get an update on the progress of private mining pool?
jiefangqian
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March 10, 2014, 02:29:59 AM
 #1616

no block Sad

XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
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March 10, 2014, 05:47:23 AM
 #1617

no block Sad
Is this the reason for no transactions since 2014-03-08?
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March 10, 2014, 06:35:54 AM
 #1618

How do I join this and where can i buy shares?
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March 10, 2014, 06:42:37 AM
 #1619

How do I join this and where can i buy shares?
https://picostocks.com/users/add
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March 10, 2014, 12:41:38 PM
 #1620


I would also like to do this, but every time I try to register I get the error: Invalid Bitcoin Address [1HgwPFfasUZvYdkw8kKepxKh6hjE7eyPgj]
I have tried with multiple addresses, and even generated a new address then immediately tried with that one, but I get the same error every time. Sad

Anyone else having problems? Or is picostocks.com having issues?




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