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Question: What type of pool payouts do you prefer?
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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3860207 times)
KNK
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December 09, 2013, 08:15:42 PM
 #13621

... would we need 120x more powerful hardware in 6 months ...
The hardware will be 10 times (not 120x but still quite an increase) more powerful, so if you want to keep your income steady, you will need a recent hardware ... do you still use your old 386 or even Pentium I (if you are old enough to ever had one of course)?

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madpoet
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December 09, 2013, 08:19:25 PM
 #13622

No but I do still like coding BASIC on my TRS-80 Smiley
vesperwillow
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December 09, 2013, 08:21:44 PM
 #13623

No but I do still like coding BASIC on my TRS-80 Smiley

My Tandy 1000HX will totally outmine your TRS 80. Bring it! Wink

valerien
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December 09, 2013, 08:27:59 PM
 #13624

... would we need 120x more powerful hardware in 6 months ...
The hardware will be 10 times (not 120x but still quite an increase) more powerful, so if you want to keep your income steady, you will need a recent hardware ... do you still use your old 386 or even Pentium I (if you are old enough to ever had one of course)?


recycled/donated anything that old ages ago.. mostly Pentium4's and PentiumD's and the AthlonX2 (or whatever the equiv at the time was) lying around my garage.

hd 4870 in one of them pulling 70, a gtx480 in a cpl year old gaming rig pulling 130, and a gts250 pulling 30 in the few years-older rig addition to a cpu mining botnet I have running at night with some client computers. nothing crazy but it was getting me 0.01 per day last summer until I tried to deal with mtgox and lost my morale with btc's when I couldn't get my hands on any USD.. then tried another broker recently when the price spiked and wanted to get back into the game.


looks like you can get about 70GH/sec for about 3.5k if you buy 2 cubes full of blades chalked full of block erupter miners... at this point you need to drop long paper into a 1,200GH/sec miner or go home.

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timmmers
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December 09, 2013, 11:55:22 PM
 #13625

... would we need 120x more powerful hardware in 6 months ...
The hardware will be 10 times (not 120x but still quite an increase) more powerful, so if you want to keep your income steady, you will need a recent hardware ... do you still use your old 386 or even Pentium I (if you are old enough to ever had one of course)?


recycled/donated anything that old ages ago.. mostly Pentium4's and PentiumD's and the AthlonX2 (or whatever the equiv at the time was) lying around my garage.

hd 4870 in one of them pulling 70, a gtx480 in a cpl year old gaming rig pulling 130, and a gts250 pulling 30 in the few years-older rig addition to a cpu mining botnet I have running at night with some client computers. nothing crazy but it was getting me 0.01 per day last summer until I tried to deal with mtgox and lost my morale with btc's when I couldn't get my hands on any USD.. then tried another broker recently when the price spiked and wanted to get back into the game.


looks like you can get about 70GH/sec for about 3.5k if you buy 2 cubes full of blades chalked full of block erupter miners... at this point you need to drop long paper into a 1,200GH/sec miner or go home.

You can probably get a 14oGH/150GH KNC rig for that on ebay, I've seen a few go for that ballpark lately. Mine manages just under 1BTC a week after the latest diff increase, down from just over. So If I bought it today it would probably more than break even. It did that weeks ago though. All jam now until it costs more to power than it mines.
In 3-6 months the 20nm rigs will be out, hashing at roughly 3TH for 13k a pop, power required will be much more, 2kw range ...so it's getting industrial now.
The most important thing to consider isn't difficulty or power or speed though. It's delivery. IF you're paying that kind of money you'll get a rig with a pretty short sweet spot where it makes the lion's share of it's income, and if it's like BFL...you'll miss that boat. You won't be hashing until its not worth it. Buying a big ASIC is very risky. A month lost hashing while others have been delivered to drive the difficulty up is a killer. Lose you serious income.


vesperwillow
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December 10, 2013, 12:45:52 AM
 #13626

it's income, and if it's like BFL...you'll miss that boat. You won't be hashing until its not worth it. Buying a big ASIC is very risky. A month lost hashing while others have been delivered to drive the difficulty up is a killer. Lose you serious income.

This is the precise reason I could never purchase a Neptune, even at the special discounted pricing. At best we're looking 3 months away, at worst 6 months. Even 3 months away.. will 4 or 5TH be enough to break even? It's sketchy at best, and that's hoping BTC value rises.

gourmet
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December 10, 2013, 03:25:37 PM
 #13627

New diff 908M, 28.4 % increase.
(More than an hour ago.)
(Pool hasn't found a block since then yet.)
Melb
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December 10, 2013, 03:57:39 PM
 #13628

New diff 908M more than an hour ago.
28.4 % increase.
(Pool hasn't found a block since yet.)


Viability of mining might be shorter lived than anticipated!
BuhTuglia
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December 10, 2013, 08:49:08 PM
 #13629

New diff 908M more than an hour ago.
28.4 % increase.
(Pool hasn't found a block since yet.)


Viability of mining might be shorter lived than anticipated!

Wait until the diff is 300 trillion and the next block reduction hits...

Just another dust miner... Enquiring Gnomes want to Mine!
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Matumaru
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December 10, 2013, 08:50:42 PM
 #13630


14 Blocks found until now. Not bad for 908M
btceic
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December 10, 2013, 09:07:21 PM
 #13631

Any changes to the minimum payout?

I have 0.006 stuck after I switched to bitminter.

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cosurgi
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December 10, 2013, 10:59:12 PM
 #13632

Any changes to the minimum payout?

I have 0.006 stuck after I switched to bitminter.
try http://support.bitcoin.cz/Knowledgebase/List

cenicsoft
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December 11, 2013, 12:00:59 AM
 #13633

Any changes to the minimum payout?

I have 0.006 stuck after I switched to bitminter.

Minimum payout is now at .05.  Some places in the knowledge base refer to it being .01, but that was changed a long time ago I believe.

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cepo
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December 11, 2013, 12:42:52 AM
 #13634

can someone tell me how many btc make a day in slush pool?
and how many MH/GH you use?

Thanks
cenicsoft
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December 11, 2013, 01:06:51 AM
 #13635

can someone tell me how many btc make a day in slush pool?
and how many MH/GH you use?

Thanks

It's based on luck, but Slush's pool averages around 12 blocks per day so here's the math:

Your Hash Rate/Pool's Hash Rate * blocks per day * 25 which is current payout per block *.98 after Slush takes 2%.  There will be some variation since the payout per block doesn't include transaction fees.

So if you were hashing at 100Gh/s you could expect 0.062 Bitcoin per day based upon the hash rate at the current time I checked.

100/474653.331 * 12 * 25 * .98 = .062

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cepo
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December 11, 2013, 01:19:51 AM
 #13636

can someone tell me how many btc make a day in slush pool?
and how many MH/GH you use?

Thanks

It's based on luck, but Slush's pool averages around 12 blocks per day so here's the math:

Your Hash Rate/Pool's Hash Rate * blocks per day * 25 which is current payout per block *.98 after Slush takes 2%.  There will be some variation since the payout per block doesn't include transaction fees.

So if you were hashing at 100Gh/s you could expect 0.062 Bitcoin per day based upon the hash rate at the current time I checked.

100/474653.331 * 12 * 25 * .98 = .062

Thanks mate.
Would you say it makes more sense to go with BTC Guild?


Also my Estimated reward at slush pool are changing all the time.
Sometimes I will get 0.000231 BTC, sometimes i will get 0.000192. is that normal?
cenicsoft
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December 11, 2013, 01:30:27 AM
 #13637


Thanks mate.
Would you say it makes more sense to go with BTC Guild?


Also my Estimated reward at slush pool are changing all the time.
Sometimes I will get 0.000231 BTC, sometimes i will get 0.000192. is that normal?

It's normal since Slush uses a method where the latest shares submitted are more valuable than earlier shares.  If you have disconnects or pool hop, you'll see wide swings in earnings.

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cepo
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December 11, 2013, 01:35:06 AM
 #13638

thanks.
is btcguild better than slush coz of more THs pool speed?
cenicsoft
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December 11, 2013, 01:38:35 AM
 #13639

thanks.
is btcguild better than slush coz of more THs pool speed?

Higher pool speed means more blocks, but you'll earn less share per block.  As long as the pool is large enough to consistently generate blocks, you'll see earnings pretty stable no matter which major pool you choose.  It's really a preference at that point and learning the nuances of each pool.

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morrisford
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December 11, 2013, 01:40:31 AM
 #13640

When I first started with Slush about two weeks ago I set the threshold to 0.01 and when I crossed the threshold it transferred.

Morris
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