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Question: What type of pool payouts do you prefer?
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Author Topic: [2+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4323849 times)
markneill
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April 03, 2014, 12:18:19 AM
 #16141

at a certain point shutting down the mines will be neccesarry. 

$436 and falling

If you're mining to turn a profit, maybe.

I'm more interested in just making a slow and steady conversion, since my computers are always on, from dollars into the electric bill to BTC.  Will I ever need them?  Maybe, maybe not.  TigerDirect takes them, and so does my preferred site for MP3's, so there's that.

That being said - 2 new Antminers fired up today, they'd already hashed more shares in the 5 minutes they were on than my GPU had in what was the 90 minute lifetime of the chrrent block so far.  Yay.
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finbad2
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April 03, 2014, 12:45:20 AM
 #16142

I get it, and by all means mine away
but let say it went to $20USD a coin
hell  shutdown and buy on the open market.

my point is, we are coming to a point where the pace of mining might actually slow down, pick up again, later for sure

but for the first time, network hash rate might actually go down or hold steady.

anyway, might not.

it is fun thinking about it tho.




eleuthria
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April 03, 2014, 03:12:02 AM
 #16143

at a certain point shutting down the mines will be neccesarry. 

$436 and falling

I wouldn't get your hopes up.  Mining hardware has been pre-ordered already which will probably trickle in all the way to 2015.  The odds of the network hash rate going down are pretty low unless the price is low enough that newer ASICs can't even beat the costs of electricity.  You can't factor in device RoI for network growth when it's already been paid for and the companies have terrible track records of providing refunds.

RIP BTC Guild, April 2011 - June 2015
digdug111
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April 03, 2014, 06:03:54 AM
 #16144

Antminer S1's sold out at Bitmain tech.

S2's are way too expensive also and not available.  Should have picked up my 6th S1 when I had the chance.

Interesting.
necro_nemesis
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April 03, 2014, 06:19:56 AM
 #16145

That's just recently. I'm wondering if it was putting downward pressure on the S2 price prior to them being shipped. Seemed the discounting stopped this week on the S1 just before this. The S2 at it's current price isn't a whole lot better deal. Still uses the same power hungry ASIC. I expect that one to drop radically after the first batch or two goes out. Too much more efficient competition for it soon.
faxfan2002
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April 03, 2014, 07:45:54 AM
 #16146

Any ideas why 3 of miners (out of 5) would be significantly under reporting M/hash's?

First 2 are fine at around ~200Gh/s that last 3 are at 166GH/s - all locally are around ~190GH/s - 210GH/s (overclocked S1's)
The Avenger
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April 03, 2014, 09:55:32 AM
 #16147

Look at all those lovely block being found! Keep it going, let's get that luck up to 2000%!

"I am not The Avenger"
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necro_nemesis
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April 03, 2014, 10:05:37 AM
 #16148

Look at all those lovely block being found! Keep it going, let's get that luck up to 2000%!

I may have to change my underwear.
faxfan2002
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April 03, 2014, 11:50:00 AM
 #16149

Any ideas why 3 of miners (out of 5) would be significantly under reporting M/hash's?

First 2 are fine at around ~200Gh/s that last 3 are at 166GH/s - all locally are around ~190GH/s - 210GH/s (overclocked S1's)

Scratch that, just new blocks being found and the counters catching up. Not used to so many new blocks...
spazzdla
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April 03, 2014, 12:24:54 PM
 #16150

at a certain point shutting down the mines will be neccesarry.  

$436 and falling




Why?  I could be earning zero dollars and still easily afford the power I am using.  I no shutdown.


Also, GIVE US THE BLOCKS, ALL OF THE BLOCKS!!!!  Ahhhhhhhhh YAAA good day for slushies!!!
markneill
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April 03, 2014, 01:13:44 PM
 #16151

at a certain point shutting down the mines will be neccesarry.  

$436 and falling




Why?  I could be earning zero dollars and still easily afford the power I am using.  I no shutdown.


Also, GIVE US THE BLOCKS, ALL OF THE BLOCKS!!!!  Ahhhhhhhhh YAAA good day for slushies!!!

^^this

I already pay to have my computer on all day, 2 U2's drawing another 4W off of the already running 600W PSU is a net zero change.

I'll just pretend it's my electric company giving me back 0.1% of my bill per month.  In BTC.
fredsbend
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April 03, 2014, 03:21:01 PM
 #16152

300 gh/s Avalon, a 19 hour block and a BTC reward of 0.00002856!!!  Might as well be an orphan.

Something's wrong with your stuff. I have only 200 Gh/s and my average block is .0045. My smallest block was .0034 for only an hour since the last and my largest was .0065 for only 29 minutes since last block.

I'm using an Antminer S1.

On the exact block you are talking about I got:

Total Shares       Your Shares     Reward
18829281958   3130134   0.00410163

Bitcoin? Looks like fun.
necro_nemesis
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April 03, 2014, 04:23:41 PM
 #16153

Agreed. There's something wrong. On your "account" screen what is it showing under the "Mhash/s*" column? You should see something just under 300,000. Estimated rewards should float somewhere around .006 with the pool at it's current size.
jarrodkriel72
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April 03, 2014, 05:11:18 PM
 #16154

hello I'm new to bitcoin and I'm having an issue on the bitcoincz or slush's pool. I've been mining on my Samsung galaxy fame but nothing is being reflected on my account. it is saying 0 shares but I've been mining for two days according to my mining app I should have at least four shares already. please can somebody tell me what I'm doing wrong!
Benjy_Bronk
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April 03, 2014, 05:32:10 PM
 #16155

hello I'm new to bitcoin and I'm having an issue on the bitcoincz or slush's pool. I've been mining on my Samsung galaxy fame but nothing is being reflected on my account. it is saying 0 shares but I've been mining for two days according to my mining app I should have at least four shares already. please can somebody tell me what I'm doing wrong!

Is this a serious question or an April fool's joke?


A moose once bit my sister.
Sir Alan
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April 03, 2014, 05:34:55 PM
 #16156

I already pay to have my computer on all day, 2 U2's drawing another 4W off of the already running 600W PSU is a net zero change.

I'll just pretend it's my electric company giving me back 0.1% of my bill per month.  In BTC.
600W is the upper output limit of the PSU.  It doesn't mean you are drawing that much - if you are, it's too close to the limit for comfort.

I have a 750W PSU, but even with with the GPU, CPU, two block eruptors, and a Jalapeño all running flat-out, it draws only about 135W.

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Trongersoll
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April 03, 2014, 05:35:38 PM
 #16157

hello I'm new to bitcoin and I'm having an issue on the bitcoincz or slush's pool. I've been mining on my Samsung galaxy fame but nothing is being reflected on my account. it is saying 0 shares but I've been mining for two days according to my mining app I should have at least four shares already. please can somebody tell me what I'm doing wrong!

Mining on a PC does not produce enough hash power to be correctly be displayed. you are being lost in variance and rounding error. Don't wear out your PC for nothing.
Sir Alan
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April 03, 2014, 05:38:50 PM
 #16158

I've been mining on my Samsung galaxy fame ... please can somebody tell me what I'm doing wrong!
What you are doing wrong is trying to mine Bitcoin on a smartphone.  All you will achieve is the premature failure of the phone through overheating - haven't you noticed it getting warm?

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necro_nemesis
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April 03, 2014, 05:48:44 PM
 #16159

hello I'm new to bitcoin and I'm having an issue on the bitcoincz or slush's pool. I've been mining on my Samsung galaxy fame but nothing is being reflected on my account. it is saying 0 shares but I've been mining for two days according to my mining app I should have at least four shares already. please can somebody tell me what I'm doing wrong!

Is this a serious question or an April fool's joke?



Simple. Your trying to mine diamonds with a soggy noodle.
EasyQuest
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April 03, 2014, 07:13:17 PM
 #16160

How about that pool luck.



Pool luck (1 day, 7 days, 30 days):   249%, 102%, 102%
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