NotFuzzyWarm
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Evil beware: We have waffles!
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January 08, 2019, 04:29:10 PM |
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think F1 car against a pinto Actually, more like a F1 car against a 3-legged plow horse... Current ASIC-based miners are hundred's of thousands times faster than mining BTC using GPU's. |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Artemis3
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CLEAN non GPL infringing code made in Rust lang
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January 08, 2019, 07:00:00 PM |
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think F1 car against a pinto Actually, more like a F1 car against a 3-legged plow horse... Current ASIC-based miners are hundred's of thousands times faster than mining BTC using GPU's. And its far more profitable to mine altcoins with the GPUs and then sell those for bitcoin than attempting to mine bitcoin directly with GPUs. There are plenty of pools to choose from in the Pools (Altcoins) forum area, and some even automate the selling for BTC part! |
█████████████████████████
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███████████████████████████ | BRAIINS OS+| | AUTOTUNING
MINING FIRMWARE| | Increase hashrate on your Bitcoin ASICs,
improve efficiency as much as 25%, and
get 0% pool fees on Braiins Pool | |
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studio_mining
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January 09, 2019, 09:38:53 PM |
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think F1 car against a pinto Actually, more like a F1 car against a 3-legged plow horse... Current ASIC-based miners are hundred's of thousands times faster than mining BTC using GPU's. . There are plenty of pools to choose from in the Pools (Altcoins) forum area, and some even automate the selling for BTC part! It's not a question of being "more profitable", you will never make the payment distribution list on this pool w/ GPUs |
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BSGMiner
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1xA921 + 1xA741 + Backup-->1xA6 ;)
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January 10, 2019, 02:00:00 AM
Last edit: January 10, 2019, 02:22:47 AM by BSGMiner |
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It's not a question of being "more profitable", you will never make the payment distribution list on this pool w/ GPUs
I thought if you mined/failed-over here long enough with any applicable miner that you'd eventually get to join the round-robin of The Lucky 50 that get bumped from the Postponed to Payment group eventually... |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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minefarmbuy
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We are not retail.
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January 10, 2019, 02:09:36 AM |
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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.
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-ck (OP)
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Ruu \o/
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January 10, 2019, 02:16:02 AM |
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I thought if you minded here long enough with any applicable miner that you'd eventually get join the round-robin of The Lucky 50 that get bumped from the Postponed to Payment group...
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.
No, I'm quite sure you will never get enough hashes to ever get a payout even here. It's not a lucky 50, you still have to get above the dust threshold and then get in line. There's no luck involved at all. To get above dust threshold with a GPU miner here, you will have to mine for probably a decade with everything else being equal. That's not going to happen. Ergo don't. |
Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
-ck
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BSGMiner
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1xA921 + 1xA741 + Backup-->1xA6 ;)
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January 10, 2019, 02:28:04 AM |
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No, I'm quite sure you will never get enough hashes to ever get a payout even here. It's not a lucky 50, you still have to get above the dust threshold and then get in line. There's no luck involved at all. To get above dust threshold with a GPU miner here, you will have to mine for probably a decade with everything else being equal. That's not going to happen. Ergo don't.
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. P.S. - 'The Lucky 50' was a poorly phrased reference for the last 50 of the total 150 slated to get a payment on the next block. |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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-ck (OP)
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Ruu \o/
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January 10, 2019, 02:30:01 AM |
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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.) |
Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
-ck
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BSGMiner
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1xA921 + 1xA741 + Backup-->1xA6 ;)
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January 10, 2019, 02:41:07 AM |
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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!  |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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Artemis3
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CLEAN non GPL infringing code made in Rust lang
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January 10, 2019, 03:00:11 AM |
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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... |
█████████████████████████
██████████████████████████
██████████████████████████
███████████████████████████ | BRAIINS OS+| | AUTOTUNING
MINING FIRMWARE| | Increase hashrate on your Bitcoin ASICs,
improve efficiency as much as 25%, and
get 0% pool fees on Braiins Pool | |
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-ck (OP)
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Ruu \o/
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January 10, 2019, 03:47:20 AM Merited by minefarmbuy (1) |
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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? |
Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
-ck
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gcanelson
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January 10, 2019, 04:09:44 AM |
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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...  |
The block, an obstacle in the path of the weak, became a stepping-stone in the path of the strong.
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minefarmbuy
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We are not retail.
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January 10, 2019, 03:59:07 PM |
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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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Artemis3
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CLEAN non GPL infringing code made in Rust lang
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January 10, 2019, 05:02:25 PM |
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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... |
█████████████████████████
██████████████████████████
██████████████████████████
███████████████████████████ | BRAIINS OS+| | AUTOTUNING
MINING FIRMWARE| | Increase hashrate on your Bitcoin ASICs,
improve efficiency as much as 25%, and
get 0% pool fees on Braiins Pool | |
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philipma1957
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'The right to privacy matters'
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January 14, 2019, 03:23:11 PM |
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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. |
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minefarmbuy
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We are not retail.
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January 14, 2019, 09:52:02 PM |
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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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Crypthub
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January 20, 2019, 03:14:27 AM |
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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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pavesi
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January 20, 2019, 05:22:40 AM |
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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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Crypthub
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January 20, 2019, 08:35:29 AM |
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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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philipma1957
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January 20, 2019, 04:37:36 PM
Last edit: January 20, 2019, 04:48:10 PM by philipma1957 |
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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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