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

[cris12821]

You have the higher hash rate, which means that if your contributed rate is the same you get a smaller piece of the pie. But the higher pool hash helps mitigate the effect of increased difficulty.

that is not true

Take a look at the stats page:
2014-09-08 - 3 blocks
2014-09-09 - 3 blocks
2014-09-10 - 5 blocks
2014-09-11 - 5 blocks
on average 4 blocks per day and then the hashrate increase with 33% = expected 6 blocks per day
2014-09-12 - 8 blocks
2014-09-13 (half the day) - 4 blocks = 6 blocks average ... and the day is not over yet

Before 2014-09-12 I got 0.002 per round and now it's down to 0.00135 or 0.008 per day before and 0.0081 per day now ... as you can it's more NOW than BEFORE
Don't trust me - do the math yourself

@Datelli cold figures from the day i have started mining - the difficulty was ~700k and now it is 27428630902, the BTC price was ~0.05$ and now it's ~500$, but the mining is still not dead and makes sense?

There was a guy who gathered all the block data for  this year and concluded that on avg. we  will get about six blocks. This is my personal experience but back in May when I was running ~1.4 THS, I was getting about 0.1 per day  and now with 2.7 THS I barely get 0.07 or less. You need to realized that the slush is not only pool with increase hashrate.

So true.     the difficulty changing also causes for a decrease in payout.   

But still giving a rather amazing payout.   Years go on more miners get added to pools thus causing an increase in difficulty.

But hey.      A payout is a payout.   And its alllllll about time and patients.


The speed thing fluctuation sucks but met.  I rather stay on a pool that inobi can trust and rely on.   Than one I dontnreally use and may not be so reliable

[wasikidding]

So a quick question the mining calculators make it tough to decide is it possible to still make a profit if I add a cointerra iv there is one available for 950$ I'm gonna try and get it for 850$ or btc equivalent anyone that has one does it hash consistent around 1.6 th/s also what is the stock power draw?

[sjc1490]

So a quick question the mining calculators make it tough to decide is it possible to still make a profit if I add a cointerra iv there is one available for 950$ I'm gonna try and get it for 850$ or btc equivalent anyone that has one does it hash consistent around 1.6 th/s also what is the stock power draw?

I personally haven't had any experience with their hardware but there is a lot on ebay for around that price. Power I think is 1200 w but I would read through the thread https://bitcointalk.org/index.php?topic=269093.2460 before making a decision.

[docfilm]

This is quite interesting... When you look at the difficulty (https://bitcoinwisdom.com/bitcoin/difficulty):

Why does the hash rate go down before the difficulty goes up? I never thought about this - maybe it's a typical newbie question.

Before the last difficulty jump (Sept. 13th?) this hash rate drop was not that high. I wonder if some folks try to manipulate the difficulty by switching on some TBs of hashing power at the right moment?
I don't know how the difficulty steps are calculated. I hope that it's not possible to manipulate them in this way... (Or: Finally, it's not a manipulation, because this TBs of more hashing power really exists, even when they are switched on only temporarily)

[bspurloc]

rah!

back to normal hash...
its like a 1/3 drop...

[Lipcrusher]

So a quick question the mining calculators make it tough to decide is it possible to still make a profit if I add a cointerra iv there is one available for 950$ I'm gonna try and get it for 850$ or btc equivalent anyone that has one does it hash consistent around 1.6 th/s also what is the stock power draw?

I have 18 IVs in my farm. I'm pretty sure the power draw is 2100.  Buying a used one now.... I wouldn't pay more than 500.00 and only if it's a confirmed Data Center pull.  You need time to make your ROI before the next bump and 1.6TH isn't as much as it was 6 months ago...

Cointerra is selling them for 999.00 for buys of 100+ (used confirmed DC pulls ).  It was 1500.00 3 weeks ago.  I think you can see the trend.  In a few months you won't be able to give them away just like old KnC , BFL, Avalon, etc.


Lip

[wasikidding]

So a quick question the mining calculators make it tough to decide is it possible to still make a profit if I add a cointerra iv there is one available for 950$ I'm gonna try and get it for 850$ or btc equivalent anyone that has one does it hash consistent around 1.6 th/s also what is the stock power draw?

I have 18 IVs in my farm. I'm pretty sure the power draw is 2100.  Buying a used one now.... I wouldn't pay more than 500.00 and only if it's a confirmed Data Center pull.  You need time to make your ROI before the next bump and 1.6TH isn't as much as it was 6 months ago...

Cointerra is selling them for 999.00 for buys of 100+ (used confirmed DC pulls ).  It was 1500.00 3 weeks ago.  I think you can see the trend.  In a few months you won't be able to give them away just like old KnC , BFL, Avalon, etc.


Lip

so adding the 1.6ths for 850$ is still not a good deal? it is a dc pull and verified temps and hash i pay like .07 pkwh with 10% diff jumps looks like a sub 90 day roi which is the same as buying 3 s3+ and or 2 tubes etc? I mean Roi is tight across the board right now and im not seeing great improvements sp20 will be more power efficent but costs way to much for the hashrate who knows when s4 etc will come out diff will be 40+ I'm just trying to find an economical way to stay valid until next phase ie: 20nm 1th/s per 500w miners come out for 1th/s per .5btc lol

[Billbags]

So a quick question the mining calculators make it tough to decide is it possible to still make a profit if I add a cointerra iv there is one available for 950$ I'm gonna try and get it for 850$ or btc equivalent anyone that has one does it hash consistent around 1.6 th/s also what is the stock power draw?

Check out CrazyGuys website:

https://asicpuppy.com/magentoPuppy/

Or his thread here:

https://bitcointalk.org/index.php?topic=769998.msg8680806#msg8680806

I wouldn't mess with the used cointerra...IMOHO

^ That power draw seems high. A couple hundred watts can make or break you at this point in the game. You can get new in stock and more efficient for miners for less money

[bitcoinbelieve]

You have the higher hash rate, which means that if your contributed rate is the same you get a smaller piece of the pie. But the higher pool hash helps mitigate the effect of increased difficulty.

that is not true

Take a look at the stats page:
2014-09-08 - 3 blocks
2014-09-09 - 3 blocks
2014-09-10 - 5 blocks
2014-09-11 - 5 blocks
on average 4 blocks per day and then the hashrate increase with 33% = expected 6 blocks per day
2014-09-12 - 8 blocks
2014-09-13 (half the day) - 4 blocks = 6 blocks average ... and the day is not over yet

Before 2014-09-12 I got 0.002 per round and now it's down to 0.00135 or 0.008 per day before and 0.0081 per day now ... as you can it's more NOW than BEFORE
Don't trust me - do the math yourself

@Datelli cold figures from the day i have started mining - the difficulty was ~700k and now it is 27428630902, the BTC price was ~0.05$ and now it's ~500$, but the mining is still not dead and makes sense?

There was a guy who gathered all the block data for  this year and concluded that on avg. we  will get about six blocks. This is my personal experience but back in May when I was running ~1.4 THS, I was getting about 0.1 per day  and now with 2.7 THS I barely get 0.07 or less. You need to realized that the slush is not only pool with increase hashrate.

So true.     the difficulty changing also causes for a decrease in payout.   

But still giving a rather amazing payout.   Years go on more miners get added to pools thus causing an increase in difficulty.

But hey.      A payout is a payout.   And its alllllll about time and patients.


The speed thing fluctuation sucks but met.  I rather stay on a pool that inobi can trust and rely on.   Than one I dontnreally use and may not be so reliable

There is going to be point where small miner like myself won't compete with the large farm and probably needs to stop mining all together. I'm paying almost rent money for electricity every month.

[TvaiX]

I now want owner of big hashrate back to slush pool, because he helped to crunch big long blocks we stuck and if pool luck is above 100% we all get more payment for it in long run...

[Searing]

There is going to be point where small miner like myself won't compete with the large farm and probably needs to stop mining all together. I'm paying almost rent money for electricity every month.

yeah I was looking at the spondoolies sp20 home miner 1190 usd 1100watts at 15c/kwh looks like I'm out..I still have my (bad choice) knc NO ROI Titan 1st batch coming (that is gonna hurt) ....but after that I see zip...cloud mining shares even if legit like hashnet has all the glamor of buying stock...so i will go to www.coinbase.com buy some coin once in awhile but looks like I just can't get the puppy to fly as a home miner...maybe someone in the northwest usa with hydro power at 2c/kwh or some such....and I really found out this was true...all hosting of mriners I could find (Titan DC miner Washington state as an example) when all the costs are figured in the fairest price i could find was you guessed it ..came out to 15c/kwh

sign from god I guess just to go to www.coinbase.com already

[bitcoinbelieve]

yeah I was looking at the spondoolies sp20 home miner 1190 usd 1100watts at 15c/kwh looks like I'm out..I still have my (bad choice) knc NO ROI Titan 1st batch coming (that is gonna hurt) ....but after that I see zip...cloud mining shares even if legit like hashnet has all the glamor of buying stock...so i will go to www.coinbase.com buy some coin once in awhile but looks like I just can't get the puppy to fly as a home miner...maybe someone in the northwest usa with hydro power at 2c/kwh or some such....and I really found out this was true...all hosting of mriners I could find (Titan DC miner Washington state as an example) when all the costs are figured in the fairest price i could find was you guessed it ..came out to 15c/kwh

sign from god I guess just to go to www.coinbase.com already

When I look back, I think it would of been wiser move to buy the bitcoin directly rather than mining. I guess lesson learn

[cris12821]

When I look back, I think it would of been wiser move to buy the bitcoin directly rather than mining. I guess lesson learn

Yea :p.   I recently bought 2 s1s.   Been brining in a sweet profit bought 2 for $340 CAD.     BOUGHT another 9 s1s with 7 PSUs. 3 miners for 340 cad the rest of the miner are basically on loan.    But will give me about 2.4Th/s.

I pay about .08ckw/h but run em on free electrcitiy as well.


But iv thought about just buying them make money faster

[bitcoinbelieve]

^^^ for avg folks, minging will be obsolete very near soon. So far I made little profit for my 8 S1's but as to 4 S3 (near break even). All my S1 have been undervolted and underwatted or current I can't seems to remember right terminology. I'm thinking about selling it, I don't know

[toptek]

Yea :p.   I recently bought 2 s1s.   Been brining in a sweet profit bought 2 for $340 CAD.     BOUGHT another 9 s1s with 7 PSUs. 3 miners for 340 cad the rest of the miner are basically on loan.    But will give me about 2.4Th/s.

I pay about .08ckw/h but run em on free electrcitiy as well.


But iv thought about just buying them make money faster

upgrade those to S1 to S3  that's like 3.5 th with a power draw around 3740 watts or so my math might be wrong on  the watts but its close i think the 278 $ or so  per kit is well worth it or use bit coins. .  

Then wait for the S4 next years which more then likely we won't see till next year or in Dec if then . o yea I'm gonna get a L1 as well . I don't just farm one type of coin . imo  if you do you won't get any were .
 and my S3 I'l have  should hold me till the S4 comes out, i did think about the spondoolies sp20 home miner but if i wait till the S4 come out I'm sure they will use less power  be faster then the spondoolies sp20 home and cost way less.

also I'm glad it is harder now we get to see the true farmers etc its no longer a easy buck, it should have been that way all long, it more worth it now then it ever was . and at some Point soon hardware will slow down it all ways does.  but that's my 2 cs worth which means jack but how i see it .


If i did my math right i have one S3 on order and 4 S1 ones atm  I'll  be at like 2.2 th at normal clocks once i upgrade, if i decide to go out and  buy water cooling ( and the water cooling is not that bad as some say if you know how to i build it  i have built a few for my  videos cards and PC . for those old S1 boards that another 800 GH added back  which i know I  won't do, may even try to sell off the old S1 boards super cheap .


In Maryland atm we only pay 0.09 cents per kw/h which won't be going up for at least two more years were locked in to  that plan and may get  solar panels on top of that .  most of us in Maryland don't pay any more then 10 cents per Kw/h up to around 13 C.  some even pay less in my area. is not just  Washington state etc. from what Ive seen most of the US has really cheap Power compared to over seas .

[00pmac00]

It's down to 5500TH now, which is about 1000TH less than prior to the spike.

EDIT: Now 4700TH my reward per round number is rising but this round is taking forever.

[Lipcrusher]

So a quick question the mining calculators make it tough to decide is it possible to still make a profit if I add a cointerra iv there is one available for 950$ I'm gonna try and get it for 850$ or btc equivalent anyone that has one does it hash consistent around 1.6 th/s also what is the stock power draw?

I have 18 IVs in my farm. I'm pretty sure the power draw is 2100.  Buying a used one now.... I wouldn't pay more than 500.00 and only if it's a confirmed Data Center pull.  You need time to make your ROI before the next bump and 1.6TH isn't as much as it was 6 months ago...

Cointerra is selling them for 999.00 for buys of 100+ (used confirmed DC pulls ).  It was 1500.00 3 weeks ago.  I think you can see the trend.  In a few months you won't be able to give them away just like old KnC , BFL, Avalon, etc.


Lip

so adding the 1.6ths for 850$ is still not a good deal? it is a dc pull and verified temps and hash i pay like .07 pkwh with 10% diff jumps looks like a sub 90 day roi which is the same as buying 3 s3+ and or 2 tubes etc? I mean Roi is tight across the board right now and im not seeing great improvements sp20 will be more power efficent but costs way to much for the hashrate who knows when s4 etc will come out diff will be 40+ I'm just trying to find an economical way to stay valid until next phase ie: 20nm 1th/s per 500w miners come out for 1th/s per .5btc lol

You have to get them cheap and fast ( and of course not broken ).  If you buy them this week for 850, they will be 150 less in 10-15 days.   Smarter Farmers are blowing them out and putting the money toward more effecient miners. Timing is always fun in the BTC world. I only have 2 SP30s.   They are nice, but I can only run two on one 208/30 leg.  Dropping more whips to a rack still costs me money.

My DC only charges me for power. No cost to bandwitch, cooling, or space.  The miners just has to conform to cold side and hotside  ( pull and exhaust ).  I'm in Utah and there are about 3k IVs in the the same DC I'm in.   I'm focusing on S3+ and Spoonies atm.   Even though I swore I'd never do pre purchase again ( Thanks BFL ).

You will be able to get IVs close to 500 next month I'd bet.  It's your money, and I feel confident you understand the math and risk.  Tough call, my brother.   I have 2.5th/s miners I bought last month that are already 1200 less to buy new.

Lip

Lip

[wasikidding]

You have to get them cheap and fast ( and of course not broken ).  If you buy them this week for 850, they will be 150 less in 10-15 days.   Smarter Farmers are blowing them out and putting the money toward more effecient miners. Timing is always fun in the BTC world. I only have 2 SP30s.   They are nice, but I can only run two on one 208/30 leg.  Dropping more whips to a rack still costs me money.

My DC only charges me for power. No cost to bandwitch, cooling, or space.  The miners just has to conform to cold side and hotside  ( pull and exhaust ).  I'm in Utah and there are about 3k IVs in the the same DC I'm in.   I'm focusing on S3+ and Spoonies atm.   Even though I swore I'd never do pre purchase again ( Thanks BFL ).

You will be able to get IVs close to 500 next month I'd bet.  It's your money, and I feel confident you understand the math and risk.  Tough call, my brother.   I have 2.5th/s miners I bought last month that are already 1200 less to buy new.

Lip

Lip

yeah I know it's a tough call thanks for the input I went ahead and went for it im running it at powerstep 5 getting 1.2 but estimated rewards from blocks has gone up considerably i should be able to recoup costs 60 days or less get back over 1.15 btc in 20 days on a 6 block a day avg based on current reward estimate improvement I do like my S3's however because i was waiting on a payout and missed s3+ batch8 i dont wanna wait 2 weeks or more for batch 9 we got lucky with sub 10% increase try to take advantage of next 13-26 days

[moss]

It's down to 5500TH now, which is about 1000TH less than prior to the spike.

Down to 4758TH now, which is less than half of what it was a couple of days ago.  Difficulty up to 29,829,733,124 as well.
I can't say I like these 9+ hour blocks, but I suppose we'll have to get used to them now.  

[bobsav2121]

It's down to 5500TH now, which is about 1000TH less than prior to the spike.

Down to 4758TH now, which is less than half of what it was a couple of days ago.  Difficulty up to 29,829,733,124 as well.
I can't say I like these 9+ hour blocks, but I suppose we'll have to get used to them now.  

Better not if this becomes the norm then we are all out of business , no way can anyone make money like this..