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Author Topic: ckpool.org ZERO FEE SPLNS no registration mining pool US/DE/CN  (Read 136384 times)
philipma1957
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November 28, 2018, 09:47:22 PM
 #2861

A couple of questions if I may...

One, I have apx 110TH/s that I can point to ckpool.org. I was looking at the BTC.com link on ckpool showing the number of blocks found by ckpool. I have to pay my power bill with the BTC I'm generating - but am wondering with so few blocks found in the last 2 months by ckpool - can I count on payouts enough to cover power? I mean, with BTC at the current rate - if I need 4 blocks of payout and only 3 get found - I'm leery. Would like to try - but I HAVE to be making enough to pay the power. I'm paying apx $0.07/kWh. Just installed the LPM firmware on my S9's a few weeks ago - so not sure what my power bill will be, but prior to that I have been in the $700-$750 pre month range (I also have a few L3 variants running as well).

Two, does this pool allow the S9 variants to use the ASICBoost(LPM) firmware to be utilized? It has dropped my power consumption noticeably - I'd hate to have my power use ramp back up if not supported.

Three,  I assume from looking at the other miners on the pool that this would put me in the top 50 for being on the payout schedule each time - am I reading this correctly?

Thanks!

yeah 110 th means every block  you get paid .

variance can be hard.  you could do 35 th + 35 th + 35 th   nicehash, viabtc and ck.

I have been getting paid at 35 th almost every block  think 1 carry over in the last 20 blocks.

I am not sure if  asicboost antminer works here  ck can answer that.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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November 28, 2018, 10:26:18 PM
 #2862

If anyone from the pool in the Portland area is interested in "Bitcoin and beers" this Thursday night, DM me here or on twitter for details.

With me around you know it will be more noise than signal but still fun. We'll talk bitcoin and beer obviously.

Again, everywhere is close if you have enough time... 5-1/2 hour flight to Portland - not too bad... OR... a one hour drive to watch my nephew performing his own tunes at a Coffee House tomorrow night... hmm... I guess the musician in me says `Support your local musician'... So I'll have to make it another time...
But I will raise a glass for you, and with you just the same - sometime late tomorrow evening... How can you be in two places at once when you're really nowhere at all?

The block, an obstacle in the path of the weak, became a stepping-stone in the path of the strong.
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November 28, 2018, 10:44:43 PM
Merited by mikeywith (2), grinbuck (1)
 #2863

Two, does this pool allow the S9 variants to use the ASICBoost(LPM) firmware to be utilized? It has dropped my power consumption noticeably - I'd hate to have my power use ramp back up if not supported.

Yes. This pool was the first one to support version-rolling (AsicBoost). But whether Bitmain's implementation works properly, if at all, is another story.

ANy recommended wallets? I have a Ledger Nano S. I also use Coinbase (Pro). I have been mining on Nicehash for a while - they have an instant transfer to Coinbase with no transfer fee (not even a mining fee) and then I convert to $ through Coinbase Pro (GDAX) and transfer to my bank - all no fee's other than NiceHash's 2% on the mining. Anyway, if I get ckpool - I'd get one payout per block found - so I'd think either would work - even the Ledger that doesn't suggest receiving mining payouts to their wallet - due to too large of transaction logs tied to the transfers.
Thanks!

I recommend using Bitcoin Core as your hot wallet and your Ledger Nano S as your cold wallet. Here are five reasons why. Most importantly, using a full node as your hot wallet contributes to Bitcoin's economic strength.

If you are unable or unwilling to store the entire Bitcoin blockchain, you may run Bitcoin Core with pruning enabled, using the -prune=<n> command-line argument. (The Ledger Live app may also not work properly with payments from coinbase transactions, which is how this pool pays its miners. There is currently no documentation from Ledger regarding this.)

I also recommend using Bisq instead of Coinbase Pro or any other centralized exchange, and then tethering Bisq's built-in bitcoin wallet to your Bitcoin Core full node (this happens automatically if both Bisq and your Bitcoin Core full node are running on the same computer).
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November 29, 2018, 03:31:54 PM
 #2864

Two, does this pool allow the S9 variants to use the ASICBoost(LPM) firmware to be utilized? It has dropped my power consumption noticeably - I'd hate to have my power use ramp back up if not supported.

Yes. This pool was the first one to support version-rolling (AsicBoost). But whether Bitmain's implementation works properly, if at all, is another story.

ANy recommended wallets? I have a Ledger Nano S. I also use Coinbase (Pro). I have been mining on Nicehash for a while - they have an instant transfer to Coinbase with no transfer fee (not even a mining fee) and then I convert to $ through Coinbase Pro (GDAX) and transfer to my bank - all no fee's other than NiceHash's 2% on the mining. Anyway, if I get ckpool - I'd get one payout per block found - so I'd think either would work - even the Ledger that doesn't suggest receiving mining payouts to their wallet - due to too large of transaction logs tied to the transfers.
Thanks!

I recommend using Bitcoin Core as your hot wallet and your Ledger Nano S as your cold wallet. Here are five reasons why. Most importantly, using a full node as your hot wallet contributes to Bitcoin's economic strength.

If you are unable or unwilling to store the entire Bitcoin blockchain, you may run Bitcoin Core with pruning enabled, using the -prune=<n> command-line argument. (The Ledger Live app may also not work properly with payments from coinbase transactions, which is how this pool pays its miners. There is currently no documentation from Ledger regarding this.)

I also recommend using Bisq instead of Coinbase Pro or any other centralized exchange, and then tethering Bisq's built-in bitcoin wallet to your Bitcoin Core full node (this happens automatically if both Bisq and your Bitcoin Core full node are running on the same computer).

Nicehash had issues with the Bitmain AsicBoost at first - was actually using slightly more power - but they fixed whatever the issue was and then the power use dropped. I got a 10.2% to 14.4% drop across my miners. Noone on here tried the BM LPM firmware on ckpool yet?

The sources you gave for wallets sound very interesting - but I am on a cell internet connection and don't want to use the bandwidth requirements for Bitcoin Core - Even the lower use mode still says it may add another 4 or 5GB of additional downloads each month and I already go over my limit each month as is (22GB before slow down). So far they have not cut my bandwidth, but I don't want to push it.

I will also look into the Bisq system - sounds very intersting as well.

So, ckpool uses a regular Coinbase account to pay out BTC? Would this mean if I had it to pay to my Coinbase wallet - there would be no fees for the transfer? Paying out to a Bisq wallet and then to Ledger would not be an issue? Selling BTC to $ and transferring to the bank to pay bills would work fine within Bisq? Right now it takes about 2 or 3 business days to have $ - same with Bisq? Would it be an issue to send it to a Coinbase wallet or a Coinbase Pro wallet - then do whatever from there? I am also in the middle of big projects and will have hard time finding time to delv into setup and learning Bisq at the moment.

Thanks!

"Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value." - Ayn Rand
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November 29, 2018, 03:47:33 PM
 #2865

I would check out coldcard for storage, samurai wallet if you have android. Cash app would be an upgrade from coinbase at least (imo). Wasabi and bisq are amazing. Bisq is worth the time node or not.

How is it you mine but only have a data plan?

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November 29, 2018, 04:03:07 PM
 #2866

I would check out coldcard for storage, samurai wallet if you have android. Cash app would be an upgrade from coinbase at least (imo). Wasabi and bisq are amazing. Bisq is worth the time node or not.

How is it you mine but only have a data plan?

I will check those out. The miners just mining don't really use that much bandwidth - pretty small really. Most of my bandwidth use is from other stuff - web browsing, social media, youtube, etc... Also - I am only running 12 ASIC miners (8 S9 variants and 4 L3 variants).

Oh, and in case you meant on the techie side - I use a Netgear LB1120 cell router to feed my networks internet connection. Added to the cell plan as a "laptop". I use another router behind that to do DHCP to my miners and other devices.

"Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value." - Ayn Rand
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November 29, 2018, 04:27:20 PM
 #2867

Sounds pretty cool. I had a few wireless s7 running at one point but still routed through cable internet. I have a 4G LTE failover but never thought about using it permanently.

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November 29, 2018, 04:41:44 PM
 #2868

Sounds pretty cool. I had a few wireless s7 running at one point but still routed through cable internet. I have a 4G LTE failover but never thought about using it permanently.

I use a Cisco RV016 multi-wan router behind the Netgear LB1120. I was going to use it to have DSL (primary), satellite, and cell for redundancy as well as combining them for better speed. But, the satellite option was a total absolute abysmal joke - canceled them when I couldn't get consistent speeds over 0.3Mb and their tech support NEVER called me back. Our local ISP for DSL has oversold the area and won't setup any new accounts, so cell was my only option.  Shocked

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November 30, 2018, 02:22:46 AM
 #2869

The sources you gave for wallets sound very interesting - but I am on a cell internet connection and don't want to use the bandwidth requirements for Bitcoin Core - Even the lower use mode still says it may add another 4 or 5GB of additional downloads each month and I already go over my limit each month as is (22GB before slow down). So far they have not cut my bandwidth, but I don't want to push it.

Bitcoin Core includes options to reduce network traffic. That said, the initial block download is currently your biggest hurdle, as Bitcoin Core has to download the entire blockchain when launched for the first time, even with pruning enabled.

So, ckpool uses a regular Coinbase account to pay out BTC? Would this mean if I had it to pay to my Coinbase wallet - there would be no fees for the transfer? Paying out to a Bisq wallet and then to Ledger would not be an issue? Selling BTC to $ and transferring to the bank to pay bills would work fine within Bisq? Right now it takes about 2 or 3 business days to have $ - same with Bisq? Would it be an issue to send it to a Coinbase wallet or a Coinbase Pro wallet - then do whatever from there? I am also in the middle of big projects and will have hard time finding time to delv into setup and learning Bisq at the moment.

No, not Coinbase the company, but coinbase the special field in each Bitcoin block that is used as the sole input for coinbase transactions. A coinbase (or generation) transaction is the first transaction in each Bitcoin block, and it's always created by a miner. In our case, this means that ckpool.org pays its miners directly from each mined block, instead of paying its miners from a central wallet. In other words, the bitcoins that you earn from this pool come directly from each block that the pool successfully mines, and not from another party's wallet. There is no fee deducted from your payouts.

Web wallets (including Coinbase's) traditionally have not worked well with generation transactions, as web wallet operators have tended to abstract control of the underlying Bitcoin addresses from their users. A generation transaction to an address in your web wallet may therefore not be correctly credited to your account. (This is besides the fact that you have to trust the wallet operator completely to not mess with your funds, as they have full control of your wallet's private keys.)

Since you are unable to use Bitcoin Core as your hot wallet, I therefore recommend using Wasabi Wallet as your primary hot wallet. (Samourai Wallet is still in alpha.) It offers robust privacy-enhancing features and should work well with generation transactions. More users using Wasabi Wallet also means that its main privacy feature — Chaumian CoinJoin — works better and faster for all Wasabi Wallet users. You may then send bitcoins that you'd like to keep as savings to your Ledger wallet.

Bisq is a decentralized peer-to-peer exchange. It's like LocalBitcoins or Paxful, except that it's a desktop application that connects you directly to other Bisq users over Tor. Trading happens directly between parties, and so the time elapsed before your funds are credited to your bank account is dependent only on the time taken for a trade to complete (trade duration limits vary by payment method).

I do not recommend using Bisq's built-in wallet as your primary hot wallet, as it suffers from significant privacy issues.
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December 02, 2018, 12:02:53 AM
 #2870

I'm back...at a host, 3x S9's full time... with Boost upgrade....plus I throw a few more on from home for a few hours a week.
C'mon diff drop and lucky streak and price rise..

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December 02, 2018, 03:11:44 AM
Merited by Philopolymath (2)
 #2871

I recommend using Bitcoin Core as your hot wallet and your Ledger Nano S as your cold wallet. Here are five reasons why. Most importantly, using a full node as your hot wallet contributes to Bitcoin's economic strength.

If you are unable or unwilling to store the entire Bitcoin blockchain, you may run Bitcoin Core with pruning enabled, using the -prune=<n> command-line argument. (The Ledger Live app may also not work properly with payments from coinbase transactions, which is how this pool pays its miners. There is currently no documentation from Ledger regarding this.)
It's worth noting you can substantially decrease your bandwidth requirements with bitcoin core by enabling the blocksonly mode. You will have the same level of security, can still send transactions, the only difference to you is that transactions will need one confirm before they even show up in your wallet. This is actually more secure anyway, but a little disconcerting if someone has just sent you some coin as you can't see it till the next block passes. You are not supporting the network as much as a full node, but you are still helping slightly.

Note that no light wallet will ever be as secure as a full blockchain based one, but another alternative for a secure low bandwidth light wallet is still greenbits on android or greenaddress on iphone - they have a web interface you can use on PC as well if need be ( http://greenaddress.it ). These are not as flash as some of the newer wallets but get the job done and have all their code open and auditable.

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December 02, 2018, 11:30:03 AM
Merited by puntpasskick (1)
 #2872

It's worth noting you can substantially decrease your bandwidth requirements with bitcoin core by enabling the blocksonly mode. You will have the same level of security, can still send transactions, the only difference to you is that transactions will need one confirm before they even show up in your wallet. This is actually more secure anyway, but a little disconcerting if someone has just sent you some coin as you can't see it till the next block passes. You are not supporting the network as much as a full node, but you are still helping slightly.

I strongly recommend against running Bitcoin Core in blocks-only mode. It removes the significant privacy benefit of sent transactions blending in with relayed mempool transactions.
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December 03, 2018, 01:26:33 AM
 #2873

Well guys, im going to be adding more to this pool.  275th/s currently, and will be adding another 150 TH/s or so in the next 30 days. Found a spot with essentially free electric, so bringing all my T9+ and s7 back online!

Anyone wanna help me out and let me know what the current ramp up time is? Ive been renting hashrate so that im at full load when the next block is found and I think im close to 5ND.

38AqVxEXiwVu4Lv9J9JAPSZPuRxhDdUnGr is my username if anyone wants to let me know.

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December 03, 2018, 12:12:47 PM
Merited by frodocooper (1), puntpasskick (1)
 #2874

...Anyone wanna help me out and let me know what the current ramp up time is?...
by my calculations:
Code:
Estimated time for new miner to hit full 5N: 52 days, 8 hours, 48 min, 51 sec

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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December 06, 2018, 03:36:14 AM
Last edit: December 06, 2018, 04:06:02 AM by userghost
 #2875

If anyone is on the verge of pulling out because of low BTC costs and high electric and needs a better place to host contact me. I have hosting options that are still very profitable

Also stupid question but I want to make sure im doing this right.

So I have 275 TH/s. Current Estimated time for new miner to hit full 5N: 46 days, 18 hours, 45 min, 14 sec

Pool is 28.4 PH/s at the 1 day mark.

So do I take 275/28400 = 0.0096830985915493 x 12.5 = 0.1210387323943662 and thats the amount I should expect from each block + fees at full ramp?

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December 06, 2018, 05:40:13 AM
 #2876

Not sure about your formula but best answer is: variables will change so any math will as well. I'd use CG's tool to help but with that kind of hashing you'll know after a few days where your derp will lay for this coming block.

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December 06, 2018, 06:00:44 AM
 #2877

Not sure about your formula but best answer is: variables will change so any math will as well. I'd use CG's tool to help but with that kind of hashing you'll know after a few days where your derp will lay for this coming block.

Ive been mining on this pool for if I had to guess around 2 weeks, and have renting a lot of hashing power so I get to full 5nd as fast as possible. Thats why im trying to figure out what my full payout will be to see if I have reached 5nd. Not sure how to calculate when you throw rentals into the equation.

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December 06, 2018, 06:02:31 AM
 #2878

Not sure about your formula but best answer is: variables will change so any math will as well. I'd use CG's tool to help but with that kind of hashing you'll know after a few days where your derp will lay for this coming block.

Ive been mining on this pool for if I had to guess around 2 weeks, and have renting a lot of hashing power so I get to full 5nd as fast as possible. Thats why im trying to figure out what my full payout will be to see if I have reached 5nd. Not sure how to calculate when you throw rentals into the equation.
Just a heads up. The numbers don't add up for renting hashpower just to make up the 5ND so I recommend against it unless you're getting it for very cheap (which you're usually not.)

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December 06, 2018, 06:11:25 AM
 #2879

There isn't much of a need to worry about being fully ramped up as every hash you submit counts regardless. I would look at others on active mining list that have similar hash rates and speculate from there but I think your 0.1 BTC estimate is pretty close looking at the pool this second.

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December 06, 2018, 06:50:23 AM
 #2880

Not sure about your formula but best answer is: variables will change so any math will as well. I'd use CG's tool to help but with that kind of hashing you'll know after a few days where your derp will lay for this coming block.

Ive been mining on this pool for if I had to guess around 2 weeks, and have renting a lot of hashing power so I get to full 5nd as fast as possible. Thats why im trying to figure out what my full payout will be to see if I have reached 5nd. Not sure how to calculate when you throw rentals into the equation.
Just a heads up. The numbers don't add up for renting hashpower just to make up the 5ND so I recommend against it unless you're getting it for very cheap (which you're usually not.)
I was also doing it to support the pool and hopefully finding a block. I found a 5.3 Trillion hash using the rented power, highest number I have ever gotten. I wish it was .4 higher!

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