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Author Topic: ckpool.org ZERO FEE SPLNS no registration mining pool US/DE/CN  (Read 115719 times)
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January 10, 2019, 02:30:01 AM
 #2961

No GPU mining for me, but thanks for clarifying the key part of needing to get over the dust threshold first--0.001BTC reward, I presume--and *then* you're qualified to get in line... I see now.
No, the dust reward here is the lowest of any pool at 5640 satoshi (strictly speaking you can theoretically get even less than that as a reward if you get above the 5640, but by the time you get a payout, your share of the block is smaller rather than larger due to pool size fluctuations.)

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January 10, 2019, 02:41:07 AM
 #2962

No GPU mining for me, but thanks for clarifying the key part of needing to get over the dust threshold first--0.001BTC reward, I presume--and *then* you're qualified to get in line... I see now.
No, the dust reward here is the lowest of any pool at 5640 satoshi (strictly speaking you can theoretically get even less than that as a reward if you get above the 5640, but by the time you get a payout, your share of the block is smaller rather than larger due to pool size fluctuations.)
Nice! Well, next time I fail over, I'll make sure it's good and proper! Grin

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January 10, 2019, 03:00:11 AM
 #2963

You will, eventually. CPU's and GPU's will take much longer. S9's are cheap, gekko science has their newpac usb stick. So there are cost friendly options for hobbyists. I still mine with my gpu but won't go into much more detail on ck's thread as they mine altcoins to trade for BTC.
And Pangolinminer sells used 11T M3s for $50...

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January 10, 2019, 03:47:20 AM
Merited by minefarmbuy (1)
 #2964

And Pangolinminer sells used 11T M3s for $50...
That price for that hashrate is truly astounding, irrespective of what its efficiency is. Do you know when I got one of the first 60Gh Avalon miners, the official price was 75BTC?

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January 10, 2019, 04:09:44 AM
 #2965

And Pangolinminer sells used 11T M3s for $50...
That price for that hashrate is truly astounding, irrespective of what its efficiency is. Do you know when I got one of the first 60Gh Avalon miners, the official price was 75BTC?
Amazing... At today's BTC value, you could buy three, and still get enough change from a $1,000,000.00 to buy a burger AND fries...Smiley

The block, an obstacle in the path of the weak, became a stepping-stone in the path of the strong.
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January 10, 2019, 03:59:07 PM
 #2966

And Pangolinminer sells used 11T M3s for $50...
That price for that hashrate is truly astounding, irrespective of what its efficiency is. Do you know when I got one of the first 60Gh Avalon miners, the official price was 75BTC?

Nuts to think about, at least it lasted longer than a pizza.

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January 10, 2019, 05:02:25 PM
 #2967

And Pangolinminer sells used 11T M3s for $50...
That price for that hashrate is truly astounding, irrespective of what its efficiency is. Do you know when I got one of the first 60Gh Avalon miners, the official price was 75BTC?

Its incredibly cheap... MicroBT has the advantage, the M10s are nearly the most efficient SHA256 miners and thats at 16nm, if they release a 7nm...

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January 14, 2019, 03:23:11 PM
 #2968

And Pangolinminer sells used 11T M3s for $50...
That price for that hashrate is truly astounding, irrespective of what its efficiency is. Do you know when I got one of the first 60Gh Avalon miners, the official price was 75BTC?

Its incredibly cheap... MicroBT has the advantage, the M10s are nearly the most efficient SHA256 miners and thats at 16nm, if they release a 7nm...

M10  the 31th does 31 th at 2200 watts. Or 21th at 1280 watts.

Shipped to USA at 880 usd with tariff hit or miss. So it could be 1100

If they build a 7nm. Based on bitmain getting 18th at 900 watts low speed s15 is 50 watts a th.

the m17 (my guess) would be the new one will be under 40 watts a th.

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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January 14, 2019, 09:52:02 PM
 #2969

I would order one by one and sent to residential address. Pango's btc rate is usually decent and philipma is correct with duties would be about $1.1k. We're able to run duty free on these for about $1k after our service fee, so it's a wash IMO or maybe if you're ordering multiples it would add up of course. Our shipping rates will only get better with more volume so hopefully in future.

I had to shut down my small farm, but trying to get some direct service or will have to mine with an off peak rate to keep derp up but still might be looking at $0.07-8 kwh after fees, taxes and whatnot.   

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January 20, 2019, 03:14:27 AM
 #2970

Maybe a noob question here, but I’d like to understand What kind of reward I’m running after for mining on CK Pool. I’ve been mining since about a month and have accumulated a Derp of .2923582 and a Herp of 678,857,764,093.
So what kind of reward should I expect if we were to find a block today? Also, would that future reward be compromised if I had to quit the pool or shutdown my operations? I may not be able to tolerate the financial risk associated to electricity expense without getting rewarded in the end for a found block from the pool.
Thanks in advance for the feeback if possible
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January 20, 2019, 05:22:40 AM
 #2971

Maybe a noob question here, but I’d like to understand What kind of reward I’m running after for mining on CK Pool. I’ve been mining since about a month and have accumulated a Derp of .2923582 and a Herp of 678,857,764,093.
So what kind of reward should I expect if we were to find a block today? Also, would that future reward be compromised if I had to quit the pool or shutdown my operations? I may not be able to tolerate the financial risk associated to electricity expense without getting rewarded in the end for a found block from the pool.
Thanks in advance for the feeback if possible

Easiest answer, your Derp will define what you receive when a block is found.
As far as quitting the pool and shutting down.. There is a slow decay, so with a derp of .292, it may take many weeks/month(s) before your back to 0.

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January 20, 2019, 08:35:29 AM
 #2972

So if i’m getting this right I should receive .292 BTC ? I’ve been here for 40 days with 870th 24/7. Calculators would of given me 1.51 BTC on a "normal" pool. Just wanna get this clear...
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January 20, 2019, 04:37:36 PM
Last edit: January 20, 2019, 04:48:10 PM by philipma1957
 #2973

So if i’m getting this right I should receive .292 BTC ? I’ve been here for 40 days with 870th 24/7. Calculators would of given me 1.51 BTC on a "normal" pool. Just wanna get this clear...

so you are now understanding 5n   vs pps mining.

a typical pps pool  pays 0.00004154 a th  so 870 x 0.00004154 = 0.0361398 a day or 1.44 btc for 40 days.

I do not know  your btc address so I have zero idea what your derp is after 40 days.

5n ramp up is slow

5n ramp down is slow

the pool is about 9ph  

5n ramp up takes  5 months

and we should hit a block 1 time per month

you do not  get full payment until  you ramp up fully.

So  in 5 months you will be at full payment.

Which means you will tap out  and go broke  since 5 months of small payments  is a killer

I wish  I had seen your posts  sooner.

You should have 100th here and 770th at  a  pps pool

each month  shift a bit  more here.

On the positive side if you bail out here  right now and move 770 th to a pps pool leaving 100 th here  you will maintain  that .29 number for many months  and in effect  double collect.

as 100 th should only be  0.123 a month

my advice is leave 100 th here and move 770th to viabtc.com


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I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 20, 2019, 08:40:14 PM
 #2974

Great advice now that the pool is smaller. I would specifically move the hash into CKpool after a block find which is mostly likely what philipma is meaning.

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January 21, 2019, 04:08:31 AM
 #2975

Whish I would of taken that decision way sooner
Still, thanks for the advice 👍
Wow feel like I just wasted 40 days and lost around 5 grand at todays rate  Undecided...
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January 21, 2019, 04:56:50 AM
 #2976

Whish I would of taken that decision way sooner
Still, thanks for the advice 👍
Wow feel like I just wasted 40 days and lost around 5 grand at todays rate  Undecided...

money is not lost  I gave you a full set of instructions  via pm  on your best move.

to keep the .29 derp alive here at very little cost

and earn a lot of coin elsewhere.

This is now  a higher risk pool  for a guy with 1 ph of hard iron.

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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January 21, 2019, 08:22:45 PM
 #2977

Yes and very helpful advices !
You’re the man 👊
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January 22, 2019, 10:14:59 PM
 #2978

Would be nice to get a block before the next halving event..

It is actually very likely that several people here even if they stopped today will still not be fully paid out until after the halving.

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January 23, 2019, 11:06:32 AM
 #2979

Would be nice to get a block before the next halving event..

It is actually very likely that several people here even if they stopped today will still not be fully paid out until after the halving.

I hope this was sarcastic humor, otherwise look here:
http://bitcoinclock.com/
We have around 5 Years to go for the next halving... this pool is not that bad!

Mine on (here and not at antpoo or viabtc Wink )

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January 23, 2019, 03:14:35 PM
 #2980

Would be nice to get a block before the next halving event..

It is actually very likely that several people here even if they stopped today will still not be fully paid out until after the halving.

I hope this was sarcastic humor, otherwise look here:
http://bitcoinclock.com/
We have around 5 Years to go for the next halving... this pool is not that bad!

Mine on (here and not at antpoo or viabtc Wink )


5 years?   Try about 15 months.

Block Halving ETA: 465 days, 8 hours, 22 minutes

Date ETA: May 3, 2020
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