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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3926634 times)
jterry211
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September 17, 2014, 08:45:25 PM
 #18481

Shut down some miners yea. Or crash a few pools or btc exchanges.     Cheesy.  

All. Very simply steps.   Might be time to go to ghash for ahwle till slush gets back in the game or diff lowers

I don't see how taking any or all exchanges offline would lower difficulty. Miners gunna mine.

Say a hacker or group of Hackers takes out an exchange and oh say a couple 100 thousand bitcoins get lost permanently that means that have to be mined again.  In turn the difficulty goes down.  Read an article a while back about the volume affecting the mining difficulties etc etc.  Will have to find it and post.

JT
Difficulty is calculated in this exact feedback loop. None of that above applies. Lost coins are lost coins, they can't be remined. Only 21 million bitcoin will ever be mined. Only reducing hashpower can reduce difficulity. Difficulty is calculated every 2016 blocks as part of the new target adjustment.

60minhr∗24hrday∗7dayweek 10minblock=2016 in 2weeks

Tcurrent=Tprior∗tprior/2weeks

D=work/2(32)=2(256)/(Tcurrent+1)∗2(32)

hashes/second≈D∗2(32)/600

My bad misread i suppose. Thats what i get for being dyslexic.

JT
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Billbags
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September 17, 2014, 08:53:14 PM
 #18482

^ That's ok, believe me, my first theory on that formula was wrong because I left out the fact that it only gets calculated and applied every 2016 blocks, and not continuously, so it took some time for me to get the understanding of it working right.

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
Jcga
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September 17, 2014, 08:57:41 PM
 #18483


Chance du pool (1 jour, 7 jours, 30 jours):   304%, 108%, 108%

304%


Jcga
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September 17, 2014, 09:29:57 PM
 #18484

+1 leLol

where does this funny guys come from, may i know Wink

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September 17, 2014, 09:34:43 PM
 #18485


Chance du pool (1 jour, 7 jours, 30 jours):   304%, 108%, 108%

304%



Happy days are here again, let the blocks rain down on Slush again.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Jcga
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September 17, 2014, 09:49:18 PM
 #18486

@Jcga
Good old Texas USA. Just having a good time with today's luck Grin

oui une bonne journée.
Slush is in France, french way Tongue
Texas, how far do you live from San Antonio, the Spurs Smiley
Hey guys you sending soldiers to fight against "Ebola" betta shoot very well lol

jterry211
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September 17, 2014, 09:56:18 PM
 #18487

@Jcga
Texas USA. Just having a good time with today's luck Grin

I live outside of Houston.

JT
cris12821
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September 18, 2014, 12:51:58 AM
 #18488

So lately iv been watching the diff prediction rise.    It started at like 31 its now 35-38  and I have a feeling when it comes for diff ride it will be at around 42-46.   I thinks is on have like 5 levels in 28hrs or less.   And by the looks of it, its not going to drop, slow down or stop rising anytime soon.

The higher the diff, the more miners people add,   and the so called "only way" to lower it is for miners to be turned off.   
So this is why i have a feeling it'll be 42-48 by the time it finLly changes. 

I'm not loosing hope.  The hope is there, just loosing hope of it dropping or stopping anytime soon.



My theory is,  with your own miners  everyone who runs more than 5th/s turn off ur miners and reduce the speed to 1-5th/s and keep ur miners ready for when and if price rises or diff shootsnthrough the roof.

Instead of adding more and more and more miners to keep up with diff,    turn half your miners off so diff drops thus doubling your profit(I'm pretty sure)




We here at slushs are a family.   And as a family were strong and were lucky.    But diff won't drop or slow down anytime soon with more and more people turning onnmore miners.


Thanks.

Give Respect , Get Respect
jdany
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September 18, 2014, 12:57:26 AM
 #18489

In the sage words of Dr. Dre, Today was a good day.
sjc1490
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September 18, 2014, 01:12:08 AM
 #18490

So lately iv been watching the diff prediction rise.    It started at like 31 its now 35-38  and I have a feeling when it comes for diff ride it will be at around 42-46.   I thinks is on have like 5 levels in 28hrs or less.   And by the looks of it, its not going to drop, slow down or stop rising anytime soon.

The higher the diff, the more miners people add,   and the so called "only way" to lower it is for miners to be turned off.    
So this is why i have a feeling it'll be 42-48 by the time it finLly changes.  

I'm not loosing hope.  The hope is there, just loosing hope of it dropping or stopping anytime soon.



My theory is,  with your own miners  everyone who runs more than 5th/s turn off ur miners and reduce the speed to 1-5th/s and keep ur miners ready for when and if price rises or diff shootsnthrough the roof.

Instead of adding more and more and more miners to keep up with diff,    turn half your miners off so diff drops thus doubling your profit(I'm pretty sure)




We here at slushs are a family.   And as a family were strong and were lucky.    But diff won't drop or slow down anytime soon with more and more people turning onnmore miners.


Thanks.

You do realize there is 248 TH PH thanks typo on the network, it will never happen. Enjoy while you can as home mining will be nothing but a hobby in the not to distant future. Just the nature of the beast.

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
cris12821
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September 18, 2014, 01:34:33 AM
 #18491

So lately iv been watching the diff prediction rise.    It started at like 31 its now 35-38  and I have a feeling when it comes for diff ride it will be at around 42-46.   I thinks is on have like 5 levels in 28hrs or less.   And by the looks of it, its not going to drop, slow down or stop rising anytime soon.

The higher the diff, the more miners people add,   and the so called "only way" to lower it is for miners to be turned off.    
So this is why i have a feeling it'll be 42-48 by the time it finLly changes.  

I'm not loosing hope.  The hope is there, just loosing hope of it dropping or stopping anytime soon.



My theory is,  with your own miners  everyone who runs more than 5th/s turn off ur miners and reduce the speed to 1-5th/s and keep ur miners ready for when and if price rises or diff shootsnthrough the roof.

Instead of adding more and more and more miners to keep up with diff,    turn half your miners off so diff drops thus doubling your profit(I'm pretty sure)




We here at slushs are a family.   And as a family were strong and were lucky.    But diff won't drop or slow down anytime soon with more and more people turning onnmore miners.


Thanks.

You do realize there is 248 TH on the network, it will never happen. Enjoy while you can as home mining will be nothing but a hobby in the not to distant future. Just the nature of the beast.




No I do realize.  But alllll of this can be fixed by people simply... Reducing there speed.   That doesn't mean just slush users.   It means EVERYONE.      Cut urnspeed in half, save btc, increase profitability.


I understand it all, but everyone halving there speeds would double maybe triplenour profits.   But since that won't happen.   I guess going broke to try and make moneybis the big thing now in bitcoin world.




Hobby, it already is a hobby.   And one hell of a hobby.   Started a few weeks ago, made some money but seems with btc/ $ drop and diff constantly rising every single day.  Maaking IT dead hard TO ROI.




Unless people were smart and and halved there.mining speed.    And suffer low rewards for ahwile so we can get lower diff.  Butnsince nobody seems to think like that.



SUFFER AWAY.  Seems to be what everyone likes to do

Complains about slow blocks, slow or low payouts lower payouts eTC.     Well. Why are you complaining...... The solutions to fix it all are out there but  ppl just  keep complaining or.... Let's just buy more miners increase my speed....... Causingnhigher diff causing longer blocks or smaller payouts.  


I'm just in this to make a few hundred $  possibly hopefully a few thousand $$    or at least break even

FOR I have spoken my 2 sense into this.

I like this hobby, its great for my ADHD.   Always got stuff to do things to check on, math tobdo.      Keeps the hands and the head busy, works for me as long as I can break even  and make a few bucks after that is all I care about.

Give Respect , Get Respect
sjc1490
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September 18, 2014, 02:34:48 AM
 #18492

Don't get me wrong the idea itself isn't bad just it will never happen on a scale large enough to have any effect.

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
cris12821
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September 18, 2014, 02:51:24 AM
 #18493

Don't get me wrong the idea itself isn't bad just it will never happen on a scale large enough to have any effect.


On a small scale itl mean nothing. But on a large scale ( all pool miners cut speed in half). It would make a diff.  

Butbas we all say, it'll never happen.     Why would something that Makes sense actually be taken into consideration,    loo cause we all live in a world with people that have uncommon sense.  Cheesy.      Sorry.  Just saying what's true.       





I just don't get why everyone complains about high diff or something when everyone complaining are probably the ones causing it to go higher.   Crap the diff is higher.  Need more hash power. .. Damnit it went higher... Need more hash power.      Instead think.  Damn the diff keeps going so Hugh,  what if I turned off my miners instead.


Again this is just MY IWN 2 sense

Give Respect , Get Respect
toptek
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September 18, 2014, 03:42:25 AM
 #18494

So lately iv been watching the diff prediction rise.    It started at like 31 its now 35-38  and I have a feeling when it comes for diff ride it will be at around 42-46.   I thinks is on have like 5 levels in 28hrs or less.   And by the looks of it, its not going to drop, slow down or stop rising anytime soon.

The higher the diff, the more miners people add,   and the so called "only way" to lower it is for miners to be turned off.    
So this is why i have a feeling it'll be 42-48 by the time it finLly changes.  

I'm not loosing hope.  The hope is there, just loosing hope of it dropping or stopping anytime soon.



My theory is,  with your own miners  everyone who runs more than 5th/s turn off ur miners and reduce the speed to 1-5th/s and keep ur miners ready for when and if price rises or diff shootsnthrough the roof.

Instead of adding more and more and more miners to keep up with diff,    turn half your miners off so diff drops thus doubling your profit(I'm pretty sure)




We here at slushs are a family.   And as a family were strong and were lucky.    But diff won't drop or slow down anytime soon with more and more people turning onnmore miners.


Thanks.

You do realize there is 248 TH on the network, it will never happen. Enjoy while you can as home mining will be nothing but a hobby in the not to distant future. Just the nature of the beast.




No I do realize.  But alllll of this can be fixed by people simply... Reducing there speed.   That doesn't mean just slush users.   It means EVERYONE.      Cut urnspeed in half, save btc, increase profitability.


I understand it all, but everyone halving there speeds would double maybe triplenour profits.   But since that won't happen.   I guess going broke to try and make moneybis the big thing now in bitcoin world.




Hobby, it already is a hobby.   And one hell of a hobby.   Started a few weeks ago, made some money but seems with btc/ $ drop and diff constantly rising every single day.  Maaking IT dead hard TO ROI.




Unless people were smart and and halved there.mining speed.    And suffer low rewards for ahwile so we can get lower diff.  Butnsince nobody seems to think like that.



SUFFER AWAY.  Seems to be what everyone likes to do

Complains about slow blocks, slow or low payouts lower payouts eTC.     Well. Why are you complaining...... The solutions to fix it all are out there but  ppl just  keep complaining or.... Let's just buy more miners increase my speed....... Causingnhigher diff causing longer blocks or smaller payouts.  


I'm just in this to make a few hundred $  possibly hopefully a few thousand $$    or at least break even

FOR I have spoken my 2 sense into this.

I like this hobby, its great for my ADHD.   Always got stuff to do things to check on, math tobdo.      Keeps the hands and the head busy, works for me as long as I can break even  and make a few bucks after that is all I care about.



exactly, why i do it is a really fun hobby atm i don't have ADHD but am disabled to the point i can't work and my DR won't let me go back to work ive tried but he won't let me so this keeps my mind jumping . and i all i hope for is to break even and make a little extra change on the side, I'm set . The days of getting rich off this are all but over unless you want spend like what may be 40 k for the hardware.


cya
kkurtmann
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September 18, 2014, 04:19:29 AM
 #18495

So lately iv been watching the diff prediction rise.    It started at like 31 its now 35-38  and I have a feeling when it comes for diff ride it will be at around 42-46.   I thinks is on have like 5 levels in 28hrs or less.   And by the looks of it, its not going to drop, slow down or stop rising anytime soon.

The higher the diff, the more miners people add,   and the so called "only way" to lower it is for miners to be turned off.    
So this is why i have a feeling it'll be 42-48 by the time it finLly changes.  

I'm not loosing hope.  The hope is there, just loosing hope of it dropping or stopping anytime soon.



My theory is,  with your own miners  everyone who runs more than 5th/s turn off ur miners and reduce the speed to 1-5th/s and keep ur miners ready for when and if price rises or diff shootsnthrough the roof.

Instead of adding more and more and more miners to keep up with diff,    turn half your miners off so diff drops thus doubling your profit(I'm pretty sure)




We here at slushs are a family.   And as a family were strong and were lucky.    But diff won't drop or slow down anytime soon with more and more people turning onnmore miners.


Thanks.

You do realize there is 248 TH on the network, it will never happen. Enjoy while you can as home mining will be nothing but a hobby in the not to distant future. Just the nature of the beast.

You do realize there is 248 PH/s on the network

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
kcal63
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September 18, 2014, 09:52:45 AM
 #18496

Yep while cutting the total network hash is a wonderful idea, it will never happen. Try to convince Intel, Microsoft, IBM or Swissbank to turn off some hashing power. Yeah "Hey guys that new $44 million server center you just built? Mind turning off half?" LOL
Just in NY and Connecticut there are companies building new centers due on line by Nov that will have an additional 14 PHs of additional mining power. (That's not counting whatever Intel is building, cause they never announce it or even discuss it).
moss
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September 18, 2014, 10:15:32 AM
 #18497

Yep while cutting the total network hash is a wonderful idea, it will never happen. Try to convince Intel, Microsoft, IBM or Swissbank to turn off some hashing power. Yeah "Hey guys that new $44 million server center you just built? Mind turning off half?" LOL
Just in NY and Connecticut there are companies building new centers due on line by Nov that will have an additional 14 PHs of additional mining power. (That's not counting whatever Intel is building, cause they never announce it or even discuss it).


I wonder what proportion of the total network hash indie miners contribute?  I suspect that most of the hashing power comes from large scale operations, so whatever we did would have little effect.
toptek
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September 18, 2014, 10:27:16 AM
 #18498

Yep while cutting the total network hash is a wonderful idea, it will never happen. Try to convince Intel, Microsoft, IBM or Swissbank to turn off some hashing power. Yeah "Hey guys that new $44 million server center you just built? Mind turning off half?" LOL
Just in NY and Connecticut there are companies building new centers due on line by Nov that will have an additional 14 PHs of additional mining power. (That's not counting whatever Intel is building, cause they never announce it or even discuss it).



true there is no way to stop it and really it was never meant to be stopped if the documentary i watch two weeks ago is right on Bitcoins its gonna be here another 100 years or so if it does not lose value in the market etc.

if they notice the hard ware is getting more efferent and using less power and producing less heat getting more user friendly and cheaper , out of all the complaint i see and try to not say any thing i have yet to see anyone point out to any real degree what I just said .


it's not gonna slow down that's the point it's not meant to Smiley . and hardware will get cheaper and company will get the upper hand but the potential to make money at home will all way be there just not like it was . i see this not as the great gold rush as some like to put it because the great gold rush was some thing of a diff nature if you think about it .  

but any way we might as well get use to it and get ready for more faster and cheaper hardware sure there all ways be that cutting edge stuff only the lucky few get to try before it goes main stream but that's just how it is.



cya
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September 18, 2014, 12:44:18 PM
 #18499

Wow the floor is dropping out from beneath the bitcoin price this morning  Cry
moss
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September 18, 2014, 02:17:52 PM
 #18500

Wow the floor is dropping out from beneath the bitcoin price this morning  Cry

Yeah, not going in the direction we want at all.  Sad
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