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

[KNK]

Bнимaниe для pyccкoязычныx - пyл кидaeт !!!

Пyл нe кидaeт. Читaть пoбoльшe нaдo кaк oн paбoтaeт. Чтoбы пpaвильнo oцeнить eтoт пyл нyжнo бoлee нecкoлькo cyтoк мaйнить - нa нeдeлю

[amspir]

Кидaлы, мaйнил cyтки  c 400 GH  нaчиcлили кoпeйки..... 0.008
Пoзopники нa кoпeйкax нaживaютcя....нaдeюcь ты paзбoгaтeeшь и кyпишь ceбe coвecть...пoдoнoк
Bнимaниe для pyccкoязычныx - пyл кидaeт !!!

You are complaining that pool didn't pay out as expected because it took 14 hours to solve a block?   You should join a bigger pool if you want less randomness in rewards.

[Trongersoll]

Кидaлы, мaйнил cyтки  c 400 GH  нaчиcлили кoпeйки..... 0.008
Пoзopники нa кoпeйкax нaживaютcя....нaдeюcь ты paзбoгaтeeшь и кyпишь ceбe coвecть...пoдoнoк
Bнимaниe для pyccкoязычныx - пyл кидaeт !!!

That's easy for you to say.

[organofcorti]

Bнимaниe для pyccкoязычныx - пyл кидaeт !!!

Пyл нe кидaeт. Читaть пoбoльшe нaдo кaк oн paбoтaeт. Чтoбы пpaвильнo oцeнить eтoт пyл нyжнo бoлee нecкoлькo cyтoк мaйнить - нa нeдeлю

Can you paraphrase that for me?

[TRSundown]

Hey Peeps... So, as the indicator over there says, I am a noob... so... noob question time. The exchange rate for btc has dropped over $100 in the past week. it was up around $614. I know it fluctuates, but can you all help me understand what causes it to fluctuate? As all the IRS regulations about BTC affected it much?

Oh and screw the IRS... btw...

Thanks in advance!

[mdude77]

Hey Peeps... So, as the indicator over there says, I am a noob... so... noob question time. The exchange rate for btc has dropped over $100 in the past week. it was up around $614. I know it fluctuates, but can you all help me understand what causes it to fluctuate? As all the IRS regulations about BTC affected it much?

Oh and screw the IRS... btw...

Thanks in advance!

It always fluctuates.  Eventually it gets low enough that people buy it up.  Then it rises.  Until it gets to the point that the folks who bought it want to sell it.  Then it goes back down.

Rinse and repeat.

M

[necro_nemesis]

If you watch the chats on the exchanges they love to see it move on news. Speculation plays a big part in it's price. Today it was China. Traders make money on movement and their actions can have a significant influence on the price since only a percentage of the currency sits on the exchanges.

[TRSundown]

So I have checked my router internet bandwidth usage and with my 6 miners running there is not much traffic... maybe 20-30kbp/s.

My router is upstairs and it connects into an IP over Power adapter which goes into my basement and connects to the matched box in another power outlet. The ethernet connection then goes into a linksys 24 port 10/100 switch which all of my miners connect to.

I continue to see the miners perform under their baseline rated hash rates (8GH/s each). I know that the workers screen averages over 10 rounds but they are always dropping down to 4-5GH/s. When I log into the miners GUI they all say they are running at 8-11GH/s... But the rewards reflect the 4-5GH/s and not what the miner says...

Based on the low bandwidth usage I didnt think that was an issue but wanted to check and see what you all thought... Any ideas why I might be seeing such a difference?

I am using BTC Garden Miners that are rated for 8GH/s...

Thanks in advance.

[mdude77]

So I have checked my router internet bandwidth usage and with my 6 miners running there is not much traffic... maybe 20-30kbp/s.

My router is upstairs and it connects into an IP over Power adapter which goes into my basement and connects to the matched box in another power outlet. The ethernet connection then goes into a linksys 24 port 10/100 switch which all of my miners connect to.

I continue to see the miners perform under their baseline rated hash rates (8GH/s each). I know that the workers screen averages over 10 rounds but they are always dropping down to 4-5GH/s. When I log into the miners GUI they all say they are running at 8-11GH/s... But the rewards reflect the 4-5GH/s and not what the miner says...

Based on the low bandwidth usage I didnt think that was an issue but wanted to check and see what you all thought... Any ideas why I might be seeing such a difference?

I am using BTC Garden Miners that are rated for 8GH/s...

Thanks in advance.

I would blame your IP over Power connection.  I used them once, and when it worked, it was okay, but the latency was bad. 

M

[kkurtmann]

Hey Peeps... So, as the indicator over there says, I am a noob... so... noob question time. The exchange rate for btc has dropped over $100 in the past week. it was up around $614. I know it fluctuates, but can you all help me understand what causes it to fluctuate? As all the IRS regulations about BTC affected it much?

Oh and screw the IRS... btw...

Thanks in advance!

 too bad you weren't around 2 years ago when BTC/USD rate dropped from $10.00 to $7.00. OUCH, that was a bad hit.

[RoninMD]

Just a reminder, ROI is Return On Investment. It does not mean Profit or Break Even. Your Return On Investment can be less than your original investment.

I don't get it. If you're not planning to profit from mining what's the draw? Difficulty would have to do an about face to make your mining equipment even hold value and the makers are pumping out more each day undermining it's value. If you're looking strictly for BTC to go up to get ahead, stop buying mining equipment and start buying BTC.

Asics is disruptive technology.  Scrypt-N based coins such as vert coin are asic resistant so makers can't increase the difficulty so quickly.

wow! is this really your first post since you registered here in the middle of 2011?

Yup... been lurking for awhile ... at the time I signed up... couldn't save enough money to get a miner.  It took a bit of research to get a miner based on my budget.  Now that I got one, I feel I can run with the wolves now.  Personally I like this pool.  All the other pools are so clean, cold and impersonal.  This particular pool has character.

[kkurtmann]

Just a reminder, ROI is Return On Investment. It does not mean Profit or Break Even. Your Return On Investment can be less than your original investment.

I don't get it. If you're not planning to profit from mining what's the draw? Difficulty would have to do an about face to make your mining equipment even hold value and the makers are pumping out more each day undermining it's value. If you're looking strictly for BTC to go up to get ahead, stop buying mining equipment and start buying BTC.

Asics is disruptive technology.  Scrypt-N based coins such as vert coin are asic resistant so makers can't increase the difficulty so quickly.

wow! is this really your first post since you registered here in the middle of 2011?

Yup... been lurking for awhile ... at the time I signed up... couldn't save enough money to get a miner.  It took a bit of research to get a miner based on my budget.  Now that I got one, I feel I can run with the wolves now.  Personally I like this pool.  All the other pools are so clean, cold and impersonal.  This particular pool has character.

Good for you! Welcome to the club.

[necro_nemesis]

All the other pools are so clean, cold and impersonal.  This particular pool has character.

Slush

[kkurtmann]

All the other pools are so clean, cold and impersonal.  This particular pool has character.

Slush

LOL

[KNK]

Bнимaниe для pyccкoязычныx - пyл кидaeт !!!

Пyл нe кидaeт. Читaть пoбoльшe нaдo кaк oн paбoтaeт. Чтoбы пpaвильнo oцeнить eтoт пyл нyжнo бoлee нecкoлькo cyтoк мaйнить - нa нeдeлю

Can you paraphrase that for me?

Yeah sure, Google translate is having problems with this sentence

He said that the pool is cheating, because he didn't get the expected reward for mining a full day.
I have stated that the pool is not cheating and he need to read more about how it works, then "to properly evaluate the pool you need to mine more than few days - for a week"

[organofcorti]

Bнимaниe для pyccкoязычныx - пyл кидaeт !!!

Пyл нe кидaeт. Читaть пoбoльшe нaдo кaк oн paбoтaeт. Чтoбы пpaвильнo oцeнить eтoт пyл нyжнo бoлee нecкoлькo cyтoк мaйнить - нa нeдeлю

Can you paraphrase that for me?

Yeah sure, Google translate is having problems with this sentence

He said that the pool is cheating, because he didn't get the expected reward for mining a full day.
I have stated that the pool is not cheating and he need to read more about how it works, then "to properly evaluate the pool you need to mine more than few days - for a week"

Thank you, KNK. It looked so cool and mysterious, but it was just more of the same

[necro_nemesis]

Thank you, KNK. It looked so cool and mysterious, but it was just more of the same

There should just be a set of buttons to select what your current complaint is. I think five should about do it. Possibly another two to follow up. "I figured it out" or "It fixed itself".

[kkurtmann]

so true

[The Avenger]

Did everyone enjoy the 5 hour, 4 hour, 3 hour, 2 hour, 1 hour blocks? 

Hope so, as we are off to 20 hour blockville again 

[necro_nemesis]

If you really believe that switch your miners off for the next 19 and half hours and save some hydro.

My tea leaves are telling me otherwise so I'm leaving the switches on.