[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool

[STT]

That'd be on par with a BFL chip so probably about right presuming they saturate the market

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[digital]

you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  $1-$5 is a long way off, at least in my mind.  Maybe a couple years down the road, when asic innovation has sped up more...

[Trongersoll]

you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  

Well ya could yesterday, there were some for $92.95 + $4.75 shipping, but they are gone now. 

[coin4mining]

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.

[Trongersoll]

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.

Yes, saddly, this is not a pool for part time miners. you might want to try btcguild.

[Synethstesia]

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.

This pool doesnt use Pay Per Share as a reward system, it uses a different system which is a bit difficult to explain as I dont completely understand it, but your reward will quickly drop to zero if you quit mining... This is to combat pool hopping. Leave your miner on through the end of round until a block is found, and you will be paid your reward for that block. Other pools have PPS as options, but the fee is always higher because of pool hoppers... Happy Mining!

[TiborB]

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.

This pool doesnt use Pay Per Share as a reward system, it uses a different system which is a bit difficult to explain as I dont completely understand it, but your reward will quickly drop to zero if you quit mining... This is to combat pool hopping. Leave your miner on through the end of round until a block is found, and you will be paid your reward for that block. Other pools have PPS as options, but the fee is always higher because of pool hoppers... Happy Mining!

I do not think it is very difficult. The value of each share you submit is calculated with the following formula:

score_share = exp(t/C)

where t is round duration in seconds, and C is a constant, currently 200. This means the value of each share is exponentially growing, so old share have significantly lower value compared to recent shares. So if you stop mining while others don't, your part of total pool score for that round will decrease exponentially. You can read the original post about this reward calculation method here: https://bitcointalk.org/index.php?topic=1976.msg50002#msg50002.

Additionally, based on measurement I have found that each hour, t is reset to zero and your score is divided by exp(3600/C). This is probably to prevent an arithmetic overflow (see http://en.wikipedia.org/wiki/Arithmetic_overflow).

Hope this helps,
   T

[aurel57]

Whats everyones take on the 4TH/s that keeps popping on and off the pool?  Seem we keep jumping between 21 to 25 TH/s ?

[bigbeninlondon]

you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  

Well ya could yesterday, there were some for $92.95 + $4.75 shipping, but they are gone now. 

Group buy for K1 Nanos: ~$55 per USB miner:

https://bitcointalk.org/index.php?topic=262654.msg2805819#msg2805819

[elasticband]

19323   2013-07-27 11:49:47   3:49:17   69134080   651109   0.23972420   248702   25.09203097    92 confirmations left
19322   2013-07-27 08:00:30   0:04:19   1328126   7976           0.16960144   248678   25.06350000    68 confirmations left
19321   2013-07-27 07:56:11   0:26:36   8671428   32000   0.00222735   248676   25.17641000    66 confirmations left
19320   2013-07-27 07:29:35   1:57:38   41683117   339136   0.20216081   248671   25.07072005    61 confirmations left


anyone else get paid less for 19321?

[nottm28]

19323   2013-07-27 11:49:47   3:49:17   69134080   651109   0.23972420   248702   25.09203097    92 confirmations left
19322   2013-07-27 08:00:30   0:04:19   1328126   7976           0.16960144   248678   25.06350000    68 confirmations left
19321   2013-07-27 07:56:11   0:26:36   8671428   32000   0.00222735   248676   25.17641000    66 confirmations left
19320   2013-07-27 07:29:35   1:57:38   41683117   339136   0.20216081   248671   25.07072005    61 confirmations left


anyone else get paid less for 19321?

that's some hash power - ~140 GH/s ?

[EDIT] normal payout on that round for me btw

[elasticband]

over 200GH/s and thats only half, the other half is at btcguild(namecoin bonus) 5 x avalon 82-85GH/s


edit: damn, maybe i had a disconnect then? got slightly less int he round after also

[bspurloc]

you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  

Well ya could yesterday, there were some for $92.95 + $4.75 shipping, but they are gone now.  

Group buy for K1 Nanos: ~$55 per USB miner:

https://bitcointalk.org/index.php?topic=262654.msg2805819#msg2805819

thats preorder. dont know why you would do a group buy when its cheaper to buy directly form them
https://bigpicturemining.com/klondike-miner/k1-nano

$49.99 + 4.95 s/h + 75 s/h per extra one
so buying 2 is already cheaper than the group buy. but its pre-order... blah blah

Oh and asic usb miners are $100 on ebay now that is where I was going to buy a few

[bigbeninlondon]

you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  

Well ya could yesterday, there were some for $92.95 + $4.75 shipping, but they are gone now.  

Group buy for K1 Nanos: ~$55 per USB miner:

https://bitcointalk.org/index.php?topic=262654.msg2805819#msg2805819

thats preorder. dont know why you would do a group buy when its cheaper to buy directly form them
https://bigpicturemining.com/klondike-miner/k1-nano

$49.99 + 4.95 s/h + 75 s/h per extra one
so buying 2 is already cheaper than the group buy. but its pre-order... blah blah

Oh and asic usb miners are $100 on ebay now that is where I was going to buy a few

Buying one saves you $13 in the group buy.  Buying 2 saves ~$9.  Buying 3 saves ~$8 and buying 4 saves $3.50

For those interested in ROI $13 is a decent savings for one.  Even at 2, $9 could make the difference between profitability and loss.

I agree though, over 3 there's no reason to use the group buy.

[Trongersoll]

ASICminer USB at .6 BTC has been confirmed by BTCguild. 

[angryrob]

ugh, i hope we get some amazing luck once this round finally finishes...

[MinermanNC]

ugh, i hope we get some amazing luck once this round finally finishes...

ya this sux...I have been gpu mining LTC for last 2 months,,, and this week I went through and cleaned up all my rigs,,, and said I think ill mine on the ol slushs pool for a few days, as he has been having great pool luck, so I did,,,  well was going to switch back over earlier" today but needed just a few more rounds to meet my minimum payout of .05....well 8 hours later here I still am and no closer to my payout before I switch back over...lol,,,, just my luck! oh well ,,,waiting on my terrahash Klondike's to ship one day,,,, and ill be back in this pool for sure,,, hopefully with 50 g/hash.. by then it my not be worth as much tho...lol

[cosurgi]

ya this sux...I have been gpu mining LTC for last 2 months,,, and this week I went through and cleaned up all my rigs,,, and said I think ill mine on the ol slushs pool for a few days....

Why stop mining LTC with GPUs, while profitability is at 2.25 times BTC?

[bigbeninlondon]

ya this sux...I have been gpu mining LTC for last 2 months,,, and this week I went through and cleaned up all my rigs,,, and said I think ill mine on the ol slushs pool for a few days....

Why stop mining LTC with GPUs, while profitability is at 2.25 times BTC?

LTC mining is much harder on hardware.  I had a MOSFET on my mobo catch fire while mining LTC.  I won't do it now; my unused GPU power will either get sold or turned to an SHA-256 altcoin.

[cosurgi]

ya this sux...I have been gpu mining LTC for last 2 months,,, and this week I went through and cleaned up all my rigs,,, and said I think ill mine on the ol slushs pool for a few days....

Why stop mining LTC with GPUs, while profitability is at 2.25 times BTC?

LTC mining is much harder on hardware.  I had a MOSFET on my mobo catch fire while mining LTC.  I won't do it now; my unused GPU power will either get sold or turned to an SHA-256 altcoin.

Perchaps you were overclocking too much? Even if you downclock to 60% efficiency you get 0.6*2.25=1.35 profitability. And actually downclocking GPUs, while leaving RAM speed at default increases LTC mining speed, as I found out. And was quite surprised.