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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3853259 times)
improveourselves
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December 15, 2014, 07:11:04 AM
 #20221

Thank you for your answer. bitcoin-qt is version 0.5.1-beta. And I just checked it again after letting it run for a while, and happily it has 5 connections now. Smiley And last block was 1050 days ago! So it'll be a while. Oh my lord, did I see that right? 20 GB size to see the latest BTC transactions? I only have 0.003 BTC coming, which is about $0.01. For 20 GB size I wonder if it's even worth it. Maybe I should wait until I get a better computer? This is an old 2010 one. What do you think?
UPDATE: Ok, just found the latest bitcoin-qt version, downloaded, running fine. It does notify me that it's out of sync, and connected faster to the servers, but surely will take a long time. Thanks for help. I feel stupid for not figuring it out myself, but meh, it's been years since I mined.

No worries, if you have the drive space and bandwidth I say let it run and sync up. Then you'll have your $1 and go from there! Welcome back..keep on mining!

Thank you 727m! My old laptop is only able to mine about 3000 kbps and nowhere near other's Gbps. I started this as a pilot long ago, to show a potential investor that it was real, and hoped for a 20 computer network but never got funded. Oh well. Have to proceed from here. So here's what I propose. I have researched into other areas since then, and have power production inventions on the tech side, and neocortical self-programming upgrades on the biological side. The first would significantly reduce miners' electric cost for mining, and the second shows people how to hard-"wire" new information directly into long term brain storage. I have autism, suffered a brain injury, and combined my investigations and rewiring (neurological) with understanding others' "savant" skills, to create a new method of remembering and learning. Increased memory and creativity result.

There are additional books and projects on which I'm working as I have time, but I am horribly cash-shy. No funds to invest in mining equipment, so I would like to find some of you with capital, and discuss options to help improve your lives or those of your choosing, so that I can earn BTC to launch some of the international projects (tech and education) which I have in mind, so that I can finally get out of poverty and improve the planetary standard of living.

Anyway, if you are open to discuss further, and/or can gather the veterans here who may remember me starting to at least have familiarity, then I would much appreciate it.

(And, the bitcoin program is caught up up to 3 years and 4 weeks ago, which means it's regrowing everything from the beginning. Hope my transactions appear.)

Have a great Monday!
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kkurtmann
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December 15, 2014, 08:51:34 AM
 #20222

There is a bootstrap that you can download through BitTorrent which should catch you up faster.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Sir Alan
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December 16, 2014, 06:03:18 PM
 #20223

There is a bootstrap that you can download through BitTorrent which should catch you up faster.
Or just use Electrum and you don't have to download anything.  Wink

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Billbags
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December 17, 2014, 06:50:53 AM
 #20224

^ you guys really like the Trezor?

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
kkurtmann
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December 17, 2014, 08:28:07 AM
 #20225

I like it fine.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Billbags
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December 17, 2014, 10:50:13 AM
 #20226

I like it fine.

I'll use your link to order one. Thanks

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
kkurtmann
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December 17, 2014, 07:22:40 PM
 #20227

I like it fine.

I'll use your link to order one. Thanks

Cool, thanks Billbags. I have 3, one is from the preorders. I use it for every Bitcoin transaction I have done since owning them.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
ronny2014
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December 17, 2014, 10:57:02 PM
 #20228

hi,

i have made a actual mining pool comparison and calculation of what your expected earnings are at actual bitcoin difficulty rate per december 16th 2014:

https://bitcointalk.org/index.php?topic=896056

thanks for your comments.

regards,
ronny


Franklin16422
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December 18, 2014, 03:04:54 PM
 #20229

I'm looking for a probability calculation that would let me calculate the odds for finding a block at a given hash rate and a given difficulty (or current difficulty) . Does such a thing exist?

I'm considering purchasing a mining contract for a solo pool (been running one here for the last month and doing OK) so I want to know what level of mining capability will bring me (statistically) a btc block.

Thanks for any info!
sjc1490
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December 18, 2014, 03:35:53 PM
 #20230

I'm looking for a probability calculation that would let me calculate the odds for finding a block at a given hash rate and a given difficulty (or current difficulty) . Does such a thing exist?

I'm considering purchasing a mining contract for a solo pool (been running one here for the last month and doing OK) so I want to know what level of mining capability will bring me (statistically) a btc block.

Thanks for any info!

That will be like playing the lottery 100Th if you are very lucky around 19 days. Part of my hash are on a smaller pool 164 TH and we are 128 hours in. Stay with a pool. especially if you are going to rent hash.

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
KNK
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December 18, 2014, 03:55:29 PM
 #20231

As a rule of thumb, for a solo mining to be reasonable, you need at least 1/2016 of the network hashrate, because you need to able to find at least 1 block each difficulty change (assuming 100% luck).
Otherwise you will be playing a catchup with the difficulty.

You can directly use the network hashrate from https://bitcoinwisdom.com/bitcoin/difficulty and compare it to your hashrate. Your percentage of the network is your chance of finding a block

Another way to calculate it is to comapre network diff to the number of diff 1 shares your hardware can provide instead. Network diff aims for 1 block each 10min, so your chance to find a block is the number of diff 1 shares you can provide for the same period vs network diff.
4.295GH/s = 1 share per second
1GH/s is approximately 140 shares per 10 min
10GH/s ~= 1397
100GH/s ~= 13970
1TH/s ~= 139700

Example:
 Network diff now is 39457671307
 Your hashrate is 3.5TH/s ~= 488950 diff 1 shares each 10 min
 Your chance to find a block is 488950/39457671307*100 = 0,00123917601775%
 To find a block before diff change 2016*0,00123917601775 = 2,49817885179%

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
HPmuirt
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December 21, 2014, 08:47:18 AM
 #20232

Can I ask why has the old site stats page changed? The columns/data for Your Shares and Your BTC Reward seem to have been removed.

I was sure that I read that no changes would be made to the old site (https://mining.bitcoin.cz/stats/) as many people said they wanted to stick with using that site.

I am in the middle of running my own pool comparison and so I have a spread sheet of all blocks found at each site and my reward for each of those blocks. All of the pools I have run this test on publish different pool stats, but the one common thing published by all pools is your reward per block (it's kinda the most important piece of information) so why has Slush removed this?

I know the new site shows the block rewards, but the stats info is different so would require a new set of columns in my spread sheet and thus means that I would not have continuous data throughout my (2 months and counting) test. Any chance someone could look at the old site and re-instate the missing columns please?

Dazed and Confused

HPmuirt
dmwardjr
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December 21, 2014, 09:43:58 AM
 #20233

If one of my rigs find a block, do i get a bonus?


BTC ADDRESS: 1HBSBwbFDg2XQii8cNJGAhLyd2mFS4jbG9
Billbags
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December 21, 2014, 11:11:30 AM
 #20234

^ Just the satisfaction of knowing your rig found it Wink The few, The proud, The ones who have actually found a block Grin


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
dmwardjr
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December 21, 2014, 11:16:15 AM
 #20235

^ Just the satisfaction of knowing your rig found it Wink The few, the proud, the ones who have actually found a block Grin



Alright.

Thanks, Billbags.

Just wanted to make sure!!!

It's 5:15am here.  I've been up all night looking at exhaust fans online.  Gotta get some sleep now.

Best Regards

BTC ADDRESS: 1HBSBwbFDg2XQii8cNJGAhLyd2mFS4jbG9
Sir Alan
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December 21, 2014, 11:51:30 AM
 #20236

Can I ask why has the old site stats page changed? The columns/data for Your Shares and Your BTC Reward seem to have been removed.
Huh I just checked and they are still there on mine.  You are looking at the Statistics page, and not the My Account page, aren't you?

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Sir Alan
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December 21, 2014, 12:02:05 PM
 #20237

I've been up all night looking at exhaust fans online.
I've heard of football fans, and baseball fans, but...

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727miner
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December 21, 2014, 12:40:53 PM
 #20238

If one of my rigs find a block, do i get a bonus?


Sweet! I've only found one block (269489) about a year ago on Slush's pool and that was with a few Block Erupters! Times sure have changed since then  Wink
HPmuirt
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December 21, 2014, 02:35:10 PM
 #20239

Can I ask why has the old site stats page changed? The columns/data for Your Shares and Your BTC Reward seem to have been removed.
Huh I just checked and they are still there on mine.  You are looking at the Statistics page, and not the My Account page, aren't you?
Thanks for the reply, but please ignore my last post - total brainfart on my part!  Roll Eyes

It was because I had been logged out of both the new and old sites when I did an F5. It happened at the same time and is strange because I have not logged out/in to either for weeks as the PC is on all the time and the browser window is always on the pool stats pages. Oh well, I'll know next time  Grin

Cheers n beers

HP
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December 21, 2014, 08:21:23 PM
 #20240

I've been up all night looking at exhaust fans online.
I've heard of football fans, and baseball fans, but...

LOL   Grin Grin Grin

If you were to see what I'm up to you would understand, Sir Alan.

Two pics and you'll understand:

My rigs in an existing closet [18.5 Th/s; over clocked just a wee little bit]:





The new mining closet I'm building still needs a bit more work (caulking, priming, painting, finish electrical, add an exhaust fan, add an exhaust duct with damper to the outside through the window in the closet, weather stripping around all of the doors, etc.  As for the size of this thing: it's big enough to easily hold 96 S4's.  It has two 36 inch doors on each side to have easy access to the front of the rigs.  Each door will have four (4) 25"(w) x 14"(h) grilles to allow a 12,000 CFM to 18,410 CFM exhaust fan to easily pull air into the rigs intake, through the outtake fans into the closet and out of the exhaust fan to the back yard.  One of the doors has four (4) grilles already.  I'm installing the grilles only as needed.  I only need one door with grilles at the moment.  More grilles will be added as rigs are added.  The center door in the front is for access to the switch, router, PDU's, fan, the rear of the rigs, etc.




25.5 Th/s will be added to this in March for a total of 44 Th/s.  The goal is 200 Th/s by the end of 2015!

These guys are doing something similar to what I'm doing but in a POD.  They are pulling the air in through filtered grilles with three (3) 6500 CFM fans to cool the rigs but more high dollar elaborate:

http://www.cryptokube.com/

Youtube video of what they are doing:

https://www.youtube.com/watch?v=5bDtgIcVb3s

I have a window in the back center of this new closet.  It is 32"(w) x 36"(h).  This new closet is 8'(w) x 8'(d) x 7'(h) = 448 Cubic Feet.  I'm presently eye-balling a 30 inch single phase 120/240 Volt 12,000 Cubic Feet per Minute (CFM) exhaust fan:

http://www.h-mac.com/tpi-mcd30-112.html

I'm also eye-balling two different 30 inch single phase 240 Volt 18,410 CFM exhaust fans:

http://www.industrialfansdirect.com/IND-FA-EF-RS/LFI-HVAR30CBD30500M.html

http://www.industrialfansdirect.com/IND-FA-EF-CM-II/LFI-HVA30SLB10500.html

BTC ADDRESS: 1HBSBwbFDg2XQii8cNJGAhLyd2mFS4jbG9
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