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Author Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool  (Read 4343107 times)
bobsav2121
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August 14, 2014, 04:13:29 PM
 #17761

It all adds in there, but most people I know sold a lot last month so they could buy at this month's prices. Around July 24 we got a good indication of low prices that would start and stay through August. Most of us sold. It's almost time to start the buying again. And I'm ready. Once the buying starts, it will stimulate the market with all the buying transactions of the non-hoarded coins and that will help drive the price back up, mabey even higher than it was.

I was looking thru the blockchain last night and there were a LOT of big $$ transactions, I'm talking 5 and 6 figure, a lot more than I've ever seen before.

Bob
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bozo333
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August 14, 2014, 04:14:31 PM
 #17762

It seems because of difficulty is going up and in the same time now bitcoin price is going down AntMiner S1 will be worthless to run sooner rather then later...
Only good possibility is in cold winter to overclock them if your electricity is "free"... you can use them as electrical heater in the same time...  Roll Eyes

You can upgrade your S1 to be just as fast and same efficiency as the S3 for .46 btc.

https://bitmaintech.com/productDetail.htm?pid=0002014081313175081722f1GeUO063F

JT

From their home page:

The sale of S1 Upgrade Kit is 0.46 BTC each including international shipping, which starts on September 20th or earlier.

Now do your math...The next ~25% diff. increase in a few days plus 2 more until you get your kit (assuming on time delivery 9/20). So diff. at about 29,000,000,000
Daily BTC before expenses around 0.0076 then, after power cost (10c Kwh) thats $2.98/day...for about 2 weeks then next diff. increase.

You are paying about $250 (using today's low exchange rate) to mine slightly more than double than you get with an over clocked
S1 now. OK, some power savings but not huge. So the question is how much did you pay for the S1? If you got it for next to nothing
this upgrade can be a good deal. If you bought if for over $250 like a month ago you are now in for $500 and will likely only break even (if at all)
after 6 months or more.  

If BTC goes over $650 again things look a lot better. Over $1,000 and hurrah!

   
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Billbags
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August 14, 2014, 05:00:19 PM
 #17763

It all adds in there, but most people I know sold a lot last month so they could buy at this month's prices. Around July 24 we got a good indication of low prices that would start and stay through August. Most of us sold. It's almost time to start the buying again. And I'm ready. Once the buying starts, it will stimulate the market with all the buying transactions of the non-hoarded coins and that will help drive the price back up, mabey even higher than it was.

I was looking thru the blockchain last night and there were a LOT of big $$ transactions, I'm talking 5 and 6 figure, a lot more than I've ever seen before.

Bob

Good job Bob, it looks like some big players were creating a quick flash crash, buy selling so much at the same time so they could buy today/tomorrow at a really cheap price. The ritch keep getting ritcher it seems, they don't care who or what they hurt. It would be nice to figure out who they are and get VOD all over those guys!!!!

http://www.cryptocoinsnews.com/news/happened-bitcoin-price-bitfinex-today/2014/08/14?utm_source=rss&utm_medium=rss&utm_campaign=happened-bitcoin-price-bitfinex-today

^Methods used in bitcoin trading. Please note there are different ways to trade Bitcoin. Not everyone trades how we are used to on the normal exchanges.


Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
jterry211
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August 14, 2014, 05:20:07 PM
 #17764

It seems because of difficulty is going up and in the same time now bitcoin price is going down AntMiner S1 will be worthless to run sooner rather then later...
Only good possibility is in cold winter to overclock them if your electricity is "free"... you can use them as electrical heater in the same time...  Roll Eyes

You can upgrade your S1 to be just as fast and same efficiency as the S3 for .46 btc.

https://bitmaintech.com/productDetail.htm?pid=0002014081313175081722f1GeUO063F

JT

From their home page:

The sale of S1 Upgrade Kit is 0.46 BTC each including international shipping, which starts on September 20th or earlier.

Now do your math...The next ~25% diff. increase in a few days plus 2 more until you get your kit (assuming on time delivery 9/20). So diff. at about 29,000,000,000
Daily BTC before expenses around 0.0076 then, after power cost (10c Kwh) thats $2.98/day...for about 2 weeks then next diff. increase.

You are paying about $250 (using today's low exchange rate) to mine slightly more than double than you get with an over clocked
S1 now. OK, some power savings but not huge. So the question is how much did you pay for the S1? If you got it for next to nothing
this upgrade can be a good deal. If you bought if for over $250 like a month ago you are now in for $500 and will likely only break even (if at all)
after 6 months or more.  

If BTC goes over $650 again things look a lot better. Over $1,000 and hurrah!

I realize the economics behind it all i was just saying.  I guess i forget sometimes i dont pay for power. Wink I use solar / power and cooling from my server room at work.

JT
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August 14, 2014, 10:17:08 PM
 #17765

Free power or not if there is no work then no one is making money.

JT
kkurtmann
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August 15, 2014, 12:49:13 AM
 #17766

Free power or not if there is no work then no one is making money.

JT

 how would there be no work?

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
TvaiX
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August 15, 2014, 08:36:33 AM
 #17767

It seems because of difficulty is going up and in the same time now bitcoin price is going down AntMiner S1 will be worthless to run sooner rather then later...
Only good possibility is in cold winter to overclock them if your electricity is "free"... you can use them as electrical heater in the same time...  Roll Eyes

You can upgrade your S1 to be just as fast and same efficiency as the S3 for .46 btc.

https://bitmaintech.com/productDetail.htm?pid=0002014081313175081722f1GeUO063F

JT

I forgot about this option, because I did not like it. Not taking in mind that it will ship in 20/9 maybe, I`m located in eastern Europa and fastest I something receive from China is 3weeks, sometimes even almost 2 mount with economy shipping.
But, what there is in package, how I understand I can buy russbery pi those boards to run and not disassemble S1. And mine idea what I concern about is that S3 has shell what directs air. S1 does not, its huge difference in my mind.
Billbags
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August 15, 2014, 09:13:54 AM
 #17768

https://bitcointalk.org/index.php?topic=671189.5260

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
bozo333
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August 15, 2014, 12:52:47 PM
 #17769

New record hashing power at Slush's?

Today the hash power is 5785484.687 but I have seen 58+... is this record territory?

Just wondering if the new SP30's coming online might be an explanation.

   
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Fieel
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August 15, 2014, 01:57:32 PM
 #17770

Just started mining here. My first time ever, with a Raspberry Pi and a single Antimer with 2 Gh/s.  Grin Grin Grin
alh
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August 15, 2014, 04:22:44 PM
 #17771

Just started mining here. My first time ever, with a Raspberry Pi and a single Antimer with 2 Gh/s.  Grin Grin Grin

Congratulations!!! A journey of TerraHash, begins with but a single GigaHash (or something like that).

 Smiley  Smiley  Smiley
Searing
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August 15, 2014, 05:22:59 PM
 #17772



heh....87% luck for the month ...47% luck for today...it is like Slush's Pool is screaming down the freeway at high speed

LOST...

but damn we are making good time in the wrong direction! Smiley

Searing














 

 

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BitBlender 

 













 















 












 
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starsoccer9
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August 15, 2014, 05:29:34 PM
 #17773

Hopefully we can get a bit higher to 100%.

Just curious but does anyone know why slush stopped with mergemining?
kkurtmann
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August 15, 2014, 06:16:35 PM
 #17774

Hopefully we can get a bit higher to 100%.

Just curious but does anyone know why slush stopped with mergemining?

If you search back in this thread, you can find out for yourself. But iirc it is because namecoin is not supported by the devs anymore.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Fieel
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August 15, 2014, 07:40:33 PM
 #17775

Just started mining here. My first time ever, with a Raspberry Pi and a single Antimer with 2 Gh/s.  Grin Grin Grin

Congratulations!!! A journey of TerraHash, begins with but a single GigaHash (or something like that).

 Smiley  Smiley  Smiley

Ahah, thank you!  Cheesy Cheesy
kkurtmann
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August 16, 2014, 12:35:33 AM
 #17776

at least the BTC to USD price is dropping enough to make some people stop using their old unprofitable hardware now

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
dbbrummel
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August 16, 2014, 02:08:08 PM
 #17777

Hopefully we can get a bit higher to 100%.

Just curious but does anyone know why slush stopped with mergemining?

If you search back in this thread, you can find out for yourself. But iirc it is because namecoin is not supported by the devs anymore.

Speaking of merged mining, I have been balancing between Slush and Ghash. Now I have like 200 Devcoins. What the heck can you do with Devcoins?
nocroom
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August 16, 2014, 02:18:21 PM
 #17778

I like to know when the new design is coming out

https://www.facebook.com/MiningBitcoinCz/photos/pb.281453778607382.-2207520000.1408198667./609727049113385/?type=3&theater

Check out this blog if you want free bitcoins https://bitcoinvest.cc/how-to-get-free-bitcoins-fast
pkobse
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August 16, 2014, 03:09:15 PM
 #17779

Hopefully we can get a bit higher to 100%.

Just curious but does anyone know why slush stopped with mergemining?

If you search back in this thread, you can find out for yourself. But iirc it is because namecoin is not supported by the devs anymore.

Speaking of merged mining, I have been balancing between Slush and Ghash. Now I have like 200 Devcoins. What the heck can you do with Devcoins?

Sell them, invest them, or just keep them there, until you don't have more.

BTC 1C9FGy8kUTF1R21bhLyzXQHDjm87xoRenn,
LTC LXZ7xhLYJU4K8zdtdYc89o81NgwXbSwEbC
or DOGE DKJDnR8deKGRRbFWCnsSDz15ha5t43B75B. :-)
mstrongbow
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August 16, 2014, 05:13:34 PM
 #17780

Where did everybody go? A server must have went down. Nobody leaves when we are doing good.

I switched my hash power over to BTCGuild for a few days....just wanna see what my avg. is over there with the recent diff. rises so I can compare to Slush.
Would I have switched today if not yesterday??Hmmm, that is hard to answer but most likely yes as I am just wanting to look at real figures. I remember last time I switched over...it did not take but a couple days before I was back with Slush.  Grin

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