racerx (OP)
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October 31, 2010, 08:55:03 PM |
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Hi All, Im thinking nothing is wrong but I seem to have an odd production rate of bitcoins. I have a number of servers producing bitcoins (50ish cores) but all of a sudden my production seems to have halted though they all are getting new blocks, are still hashing correctly. Has the difficulty just ramped up alot or something else I haven't noticed? gonk@prod-web2.xxxxx.net:~$ bitcoind getinfo { "version" : 31300, "balance" : 0.00000000, "blocks" : 88869, "connections" : 1, "proxy" : "", "generate" : true, "genproclimit" : -1, "difficulty" : 3091.73911604, "hashespersec" : 15913782, "errors" : "" } All the servers are ticking along fine, and they connect out thru a central bitcoin server, but no more BTC since the 26th ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Cheers
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ribuck
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October 31, 2010, 08:59:36 PM |
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Well the difficulty has just ramped up to 3091. Why don't you estimate your total khash/sec and type that into the Bitcon Generation Calculator. See if you've gone longer than the 95% expected time-to-generate at the current difficulty.
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racerx (OP)
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October 31, 2010, 09:13:00 PM |
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Will do, but that probably wont take into account the previously generated coins at a lower dificulty.
Also, when did the difficulty go up?
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ribuck
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October 31, 2010, 09:17:53 PM |
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Within the last 24 hours.
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racerx (OP)
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October 31, 2010, 09:39:44 PM |
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Thanks for the info, Im generating at about 76230 khash's and with the current difficulty it estimates: Average 2 days, 0 hours, 23 minutes 50% 1 day, 9 hours, 32 minutes 95% 6 days, 0 hours, 57 minutes Derived from a collection of hardware Im using and the hash rates I just documented here: http://bitcointalk.org/index.php?topic=1628.0So I guess that means I'm still a day away from 95% with my last 50BTC coming in on the 26th.. just odd with at least 50 a day untill then.
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racerx (OP)
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October 31, 2010, 10:00:29 PM |
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Right, So I just discovered that my 2 6core miners (30khashes combined) have not been taking ntp updates for a while and are about 6 hours in the future. Just reading the http://bitcointalk.org/index.php?topic=960.0 clock thread and Im thinking that might not have helped my cause.
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ribuck
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October 31, 2010, 10:28:33 PM |
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So I guess that means I'm still a day away from 95% 5% of the time you should expect to take longer than that 95% estimate.
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ShadowOfHarbringer
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November 01, 2010, 12:38:09 AM |
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So producing new coins is becoming hardly worth the power needed to produce it... Exactly as predicted by satoshi.
Recently I had to shut down minting on my computer completely, because my electricity bill went crazy...
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racerx (OP)
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November 01, 2010, 08:28:33 AM |
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So producing new coins is becoming hardly worth the power needed to produce it... Exactly as predicted by satoshi.
Recently I had to shut down minting on my computer completely, because my electricity bill went crazy...
I agree, its not cost effective if you pay the bills.
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jgarzik
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November 01, 2010, 04:19:14 PM |
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So producing new coins is becoming hardly worth the power needed to produce it... Exactly as predicted by satoshi.
Recently I had to shut down minting on my computer completely, because my electricity bill went crazy...
I agree, its not cost effective if you pay the bills. ... unless you own current-generation AMD/ATI GPU, of course.
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Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own. Visit bloq.com / metronome.io Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
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racerx (OP)
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November 05, 2010, 08:19:41 PM |
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still no coinage ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) must be uber unlucky
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ShadowOfHarbringer
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November 05, 2010, 08:34:47 PM |
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still no coinage ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) must be uber unlucky On what hardware ?
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Marko
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November 10, 2010, 03:38:56 PM |
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Someone came in with a large amount of GPU power that day. I noticed the dent in my own GPU production as well.
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davux
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November 10, 2010, 03:56:35 PM |
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So does this mean that producing coins will be impossible to do by average people? Which would mean that the number of computers able to produce coins is reducing: it's only the big ones – the average guy is out of the way. Can it happen that in the long run, a couple hundreds, then a couple computers get the monopoly on coin generation?
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nelisky
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November 10, 2010, 04:01:21 PM |
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So does this mean that producing coins will be impossible to do by average people? Which would mean that the number of computers able to produce coins is reducing: it's only the big ones – the average guy is out of the way. Can it happen that in the long run, a couple hundreds, then a couple computers get the monopoly on coin generation?
I don't think so... it will get harder and more spaced, but I'm sure others have experienced the odd block found by the 2MHs machine, just like I do.
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FreeMoney
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November 10, 2010, 04:39:25 PM Last edit: November 10, 2010, 05:07:10 PM by FreeMoney |
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So does this mean that producing coins will be impossible to do by average people? Which would mean that the number of computers able to produce coins is reducing: it's only the big ones – the average guy is out of the way. Can it happen that in the long run, a couple hundreds, then a couple computers get the monopoly on coin generation?
It's not binary in any sense, the odds just decrease, never to zero. If it used to take a GPU farm X minutes and an old CPU Y minutes now it takes them 4500X minutes and 4500Y minutes respectively. No one picks up any advantage, it gets harder by the same fraction for every imaginable set up. In a way you could say that the faster you were then the more you lose.
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