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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 3853545 times)
kkurtmann
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March 28, 2014, 02:25:47 AM
 #16061

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.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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necro_nemesis
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March 28, 2014, 03:59:28 AM
 #16062


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

Slush
kkurtmann
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March 28, 2014, 05:28:26 AM
 #16063


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

Slush



LOL

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
KNK
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March 28, 2014, 09:13:04 AM
 #16064

Внимание для русскоязычных - пул кидает !!!
Пул не кидает. Читать побольше надо как он работает. Чтобы правильно оценить етот пул нужно более несколько суток майнить - на неделю

Can you paraphrase that for me?
Yeah sure, Google translate is having problems with this sentence Smiley

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"

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organofcorti
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Poor impulse control.


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March 28, 2014, 01:09:26 PM
 #16065

Внимание для русскоязычных - пул кидает !!!
Пул не кидает. Читать побольше надо как он работает. Чтобы правильно оценить етот пул нужно более несколько суток майнить - на неделю

Can you paraphrase that for me?
Yeah sure, Google translate is having problems with this sentence Smiley

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 Wink

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necro_nemesis
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March 28, 2014, 01:39:11 PM
 #16066

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

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
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March 28, 2014, 03:11:42 PM
 #16067

so true

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
The Avenger
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March 28, 2014, 05:37:04 PM
 #16068

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

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

"I am not The Avenger"
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necro_nemesis
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March 28, 2014, 06:41:58 PM
 #16069

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

My tea leaves are telling me otherwise so I'm leaving the switches on.
KNK
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March 28, 2014, 07:17:07 PM
 #16070

My tea leaves are telling me
Are they certified?  Roll Eyes

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amspir
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March 28, 2014, 07:19:11 PM
 #16071

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
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March 28, 2014, 07:26:16 PM
 #16072

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.

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amspir
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March 28, 2014, 07:29:17 PM
 #16073

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
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March 28, 2014, 07:34:52 PM
 #16074

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.   Roll Eyes

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macsheadroom
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March 28, 2014, 07:49:43 PM
 #16075

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

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The Avenger
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March 28, 2014, 07:54:41 PM
 #16076

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

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

"I am not The Avenger"
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March 28, 2014, 08:16:25 PM
 #16077

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 Smiley

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
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March 28, 2014, 08:22:12 PM
 #16078

My tea leaves are telling me
Are they certified?  Roll Eyes

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
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March 28, 2014, 08:26:19 PM
 #16079

I will mine until my ant miners die...

DAMN THE COSTS FULL SPEED AHEAD!
KNK
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March 28, 2014, 08:32:45 PM
 #16080

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

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