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

[KNK]

My tea leaves are telling me

Are they certified? 

[amspir]

Just curious, for those that pay attention to the pool stats,

Does the pool hashrate ever drop during a significant price drop in btc?   I've seen it drop after a few long rounds, but nothing related to price.

[Mudbankkeith]

Just curious, for those that pay attention to the pool stats,

Does the pool hashrate ever drop during a significant price drop in btc?   I've seen it drop after a few long rounds, but nothing related to price.

There will be a drop in hashrate when all the asic erupters become uneconomic in about 6 weeks.
The problem is, by that time, they will account for such a small percentage of the system, the drop will not be noticed.

[amspir]

There will be a drop in hashrate when all the asic erupters become uneconomic in about 6 weeks.
The problem is, by that time, they will account for such a small percentage of the system, the drop will not be noticed.

I can see that being a gradual fade out.   I can also see many of them continue to run, making money for the electric company rather than the owners.

[Mudbankkeith]

There will be a drop in hashrate when all the asic erupters become uneconomic in about 6 weeks.
The problem is, by that time, they will account for such a small percentage of the system, the drop will not be noticed.

I can see that being a gradual fade out.   I can also see many of them continue to run, making money for the electric company rather than the owners.

They will be like CPU, GPU & FPGA miners   .....  dead but they will not go away.
It's a pity they are no good for scrypt, otherwise the litecoin miners could grab a lot of cheap power.   

[macsheadroom]

I am going to mine some Mazacoin with my eruptors when that time arrives...  

[The Avenger]

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.

[STT]

Just curious, for those that pay attention to the pool stats,

Does the pool hashrate ever drop during a significant price drop in btc?   I've seen it drop after a few long rounds, but nothing related to price.

Absolutely, hash rate will drop as its not worth mining and vice versa.   If price rises then those eruptors could carry on use I think, I expect people will buy them on that basis as an investment in 10000 btc

Someone who gets free power could use those but Im sure hash rate can drop, it used to do it before the days of asic but now what else are you going to do with them but gpu mining saw falls often if I remember right.  A chart should show the history

[necro_nemesis]

My tea leaves are telling me

Are they certified? 

Maybe that's the problem. I haven't had much luck with them. I'll grab the Ouija board and see if I can summon us some assistance.

[spazzdla]

I will mine until my ant miners die...

DAMN THE COSTS FULL SPEED AHEAD!

[KNK]

Maybe that's the problem. I haven't had much luck with them. I'll grab the Ouija board and see if I can summon us some assistance.

It's too late for me to drink a coffee, but coffee stains rarely lie - our next block will be in 2-3h from now

[necro_nemesis]

It strikes me as being short sighted if you only mine old miners when they will cover ROI if it's that close to the threshold. You either have to gamble on BTC going one way or the other and either leave them on or trash them. The longer you wait to possibly use them, the more worthless they become.

[manic miner]

I will mine until my ant miners die...

DAMN THE COSTS FULL SPEED AHEAD!

+1 to that brother (or sister. whatever).

Unless BTC value starts to go up then I just cant justify the cost of replacing my ant farm.

I might try and power my rig by giant wheel and get the kids to run round it.  


I have just been looking at the BTC rate against GBP. It was £295 last time I looked and falling.

[cenicsoft]

Just curious, for those that pay attention to the pool stats,

Does the pool hashrate ever drop during a significant price drop in btc?   I've seen it drop after a few long rounds, but nothing related to price.

There will be a drop in hashrate when all the asic erupters become uneconomic in about 6 weeks.
The problem is, by that time, they will account for such a small percentage of the system, the drop will not be noticed.

It's unlikely the hash rate will drop.  As the old miners become obsolete, they are being replaced several times over in terms of hashing power by new machines.  When KNC ships their Neptune, the network hash rate will increase by at least 10 Petahash just with their devices.  All the block eruptors combined come no where near close to that.

[necro_nemesis]

Shoot I'm using S1s like clusters of USB erupters these days. If difficulty keeps rising were all moving into warehouses to keep up. 

[nottm28]

Just curious, for those that pay attention to the pool stats,

Does the pool hashrate ever drop during a significant price drop in btc?   I've seen it drop after a few long rounds, but nothing related to price.

There will be a drop in hashrate when all the asic erupters become uneconomic in about 6 weeks.
The problem is, by that time, they will account for such a small percentage of the system, the drop will not be noticed.

It's unlikely the hash rate will drop.  As the old miners become obsolete, they are being replaced several times over in terms of hashing power by new machines.  When KNC ships their Neptune, the network hash rate will increase by at least 10 Petahash just with their devices.  All the block eruptors combined come no where near close to that.

*when*

Biggest threat is from these 'unknowns' like https://blockchain.info/blocks/137.117.202.26 - seems to have 8PT+

[necro_nemesis]

I suspect the unknowns are ASIC makers running their product covertly so as not to appear to be competing with the product they sell.

[finbad2]

OMG   break already!!!

[necro_nemesis]

OMG   break already!!!

I assume you mean the block and not the need for an intermission to the mens room.  Passed on pro tip: STOP STARING AT THE STATS!

[The Avenger]

OMG   break already!!!

I assume you mean the block and not the need for an intermission to the mens room.  Passed on pro tip: STOP STARING AT THE STATS!

That said, we are 13/20th of the way to 20 hours How's your tea?