SargeR33
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Activity: 112
Merit: 10
★Bitin.io★ - Instant Exchange
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January 18, 2015, 08:45:56 AM |
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Unless you have big power, any of those chinese pools are going to pay very poorly. I switched my miners back on today, and lucky I got in on 3 blocks found today after a slow painful week.
I've been mining another currency at the moment which when converted to BTC pays better than mining any of those junk chinese pools.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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jackbox
Legendary
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Activity: 1246
Merit: 1024
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January 18, 2015, 03:43:59 PM |
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Unless you have big power, any of those chinese pools are going to pay very poorly. I switched my miners back on today, and lucky I got in on 3 blocks found today after a slow painful week.
I've been mining another currency at the moment which when converted to BTC pays better than mining any of those junk chinese pools.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
What other currency are you mining? |
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organofcorti
Donator
Legendary
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Activity: 2058
Merit: 1007
Poor impulse control.
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January 19, 2015, 02:32:02 AM |
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SargeR33, can you explain the following comments? Unless you have big power, any of those chinese pools are going to pay very poorly.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
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MrTeal
Legendary
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Activity: 1274
Merit: 1004
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January 19, 2015, 02:33:56 AM |
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Is Ghash even Chinese?
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organofcorti
Donator
Legendary
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Activity: 2058
Merit: 1007
Poor impulse control.
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January 19, 2015, 02:40:54 AM |
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Is Ghash even Chinese?
No, not close. Not even chinese-ish. |
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kkurtmann
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January 19, 2015, 07:08:08 AM |
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SargeR33, can you explain the following comments? Unless you have big power, any of those chinese pools are going to pay very poorly.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
Newbs gunna be noobs? Sheep follow herds? What kind of answer are you seeking here? Because I bet it will be at least as interesting as the ones you were quoting. |
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SargeR33
Member
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Activity: 112
Merit: 10
★Bitin.io★ - Instant Exchange
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January 19, 2015, 07:25:29 AM |
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SargeR33, can you explain the following comments? Unless you have big power, any of those chinese pools are going to pay very poorly.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
If you have 1thash of power, your payout from f2pool is 0.01097974 per day. With 1thash on power on Slush you will make the same amount with 3 - 4 blocks, depending on pools power and the luck. Apart from the last week, and only the last week, I've made approx .03 - .04 btc per day from Slushs pool. This is not even over a 24hr period. From BFA you will stand to make .012 btc per day and that is not including the bonus if I recall correctly. Sure power to pay scales the higher you go, but like I said, for a small user, you will be slaughtered with power bills running a miner 24hrs a day to earn <$2.50 USD per day. For what, a pool which quite likely insta dumps the btc they find. The pay on Ghash.io is also far too poor to be effective. Honestly I've had better overall luck at MMpool than I have at any of those big dominating pools. Sure you get consistency but its such minute amount its not worth it at all. I may have made a mistake about ghash.io being a chinese pool, I bought two miners from a local here(who was chinese) and he mined ghash.io because "they're a chinese pool". It took him 6 months of mining ghash.io 24/7 with 2.25thash to break even with his miners cost, this does not include power. This was factoring in my purchase off him too. I've read here many times that those Chinese pools are a problem. I don't think btc is being treated the way it was intended to be. Its severely abused. Especially when you can find miners being dumped on eBay from China as "Brand new" when you know they have been thrashed and run non stop for who knows how long. |
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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January 19, 2015, 07:30:36 AM |
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Well I'm out on slush pool for now.....except for the week or so of the paycoin POW (at 10x BTC at the time) have been with them from Oct 18th 2013 with my KNC 550gh Jupiter and made almost exactly 50 btc as a result (still holding boy I'm dumb) anyway just shut it off on Jan 18th 2015 (could run it a bit longer made a dandy space heater!) but even with that just don't fly to run vs 15c kwh elec anymore at these prices and difficulty I'll probably come back IF and I mean a big IF I ever home mine BTC again ..it does not seem likely anyway thanks slush hopefully will catch your pool again on the rebound in the future with something new btc equip wise Searing p.s. I'm sure my 550gh I have just 'yanked' will increase everyones profit from my *ahem* adding to the drop in difficulty 'your welcome' lol  |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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kkurtmann
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January 19, 2015, 07:37:50 AM |
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SargeR33, can you explain the following comments? Unless you have big power, any of those chinese pools are going to pay very poorly.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
If you have 1thash of power, your payout from f2pool is 0.01097974 per day. With 1thash on power on Slush you will make the same amount with 3 - 4 blocks, depending on pools power and the luck. Apart from the last week, and only the last week, I've made approx .03 - .04 btc per day from Slushs pool. This is not even over a 24hr period. From BFA you will stand to make .012 btc per day and that is not including the bonus if I recall correctly. Sure power to pay scales the higher you go, but like I said, for a small user, you will be slaughtered with power bills running a miner 24hrs a day to earn <$2.50 USD per day. For what, a pool which quite likely insta dumps the btc they find. The pay on Ghash.io is also far too poor to be effective. Honestly I've had better overall luck at MMpool than I have at any of those big dominating pools. Sure you get consistency but its such minute amount its not worth it at all. I may have made a mistake about ghash.io being a chinese pool, I bought two miners from a local here(who was chinese) and he mined ghash.io because "they're a chinese pool". It took him 6 months of mining ghash.io 24/7 with 2.25thash to break even with his miners cost, this does not include power. This was factoring in my purchase off him too. I've read here many times that those Chinese pools are a problem. I don't think btc is being treated the way it was intended to be. Its severely abused. Especially when you can find miners being dumped on eBay from China as "Brand new" when you know they have been thrashed and run non stop for who knows how long. Seems I almost spoke too soon. |
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organofcorti
Donator
Legendary
Offline
Activity: 2058
Merit: 1007
Poor impulse control.
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January 19, 2015, 07:44:06 AM |
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SargeR33, can you explain the following comments? Unless you have big power, any of those chinese pools are going to pay very poorly.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
Newbs gunna be noobs? Sheep follow herds? What kind of answer are you seeking here? Because I bet it will be at least as interesting as the ones you were quoting. I'm always interested in the things on which people base their assumptions. "Chinese pools are bad" is a new one on me so I wanted to see if it was part of a new anti-chinese bitcoin movement or something. |
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organofcorti
Donator
Legendary
Offline
Activity: 2058
Merit: 1007
Poor impulse control.
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January 19, 2015, 07:48:09 AM |
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SargeR33, can you explain the following comments? Unless you have big power, any of those chinese pools are going to pay very poorly.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
If you have 1thash of power, your payout from f2pool is 0.01097974 per day. With 1thash on power on Slush you will make the same amount with 3 - 4 blocks, depending on pools power and the luck. Apart from the last week, and only the last week, I've made approx .03 - .04 btc per day from Slushs pool. This is not even over a 24hr period. From BFA you will stand to make .012 btc per day and that is not including the bonus if I recall correctly. Sure power to pay scales the higher you go, but like I said, for a small user, you will be slaughtered with power bills running a miner 24hrs a day to earn <$2.50 USD per day. For what, a pool which quite likely insta dumps the btc they find. The pay on Ghash.io is also far too poor to be effective. Honestly I've had better overall luck at MMpool than I have at any of those big dominating pools. Sure you get consistency but its such minute amount its not worth it at all. I may have made a mistake about ghash.io being a chinese pool, I bought two miners from a local here(who was chinese) and he mined ghash.io because "they're a chinese pool". It took him 6 months of mining ghash.io 24/7 with 2.25thash to break even with his miners cost, this does not include power. This was factoring in my purchase off him too. I've read here many times that those Chinese pools are a problem. I don't think btc is being treated the way it was intended to be. Its severely abused. Especially when you can find miners being dumped on eBay from China as "Brand new" when you know they have been thrashed and run non stop for who knows how long. I haven't read anything about Chinese pools being bad. In fact, all I hear about AntPool, for example, are good things. I could be wrong, so can you post some links you mention reading (about Chinese pools being a problem)? |
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kkurtmann
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January 19, 2015, 08:21:47 AM |
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SargeR33, can you explain the following comments? Unless you have big power, any of those chinese pools are going to pay very poorly.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
Newbs gunna be noobs? Sheep follow herds? What kind of answer are you seeking here? Because I bet it will be at least as interesting as the ones you were quoting. I'm always interested in the things on which people base their assumptions. "Chinese pools are bad" is a new one on me so I wanted to see if it was part of a new anti-chinese bitcoin movement or something. Noobs gunna be nubes, you already knew that part. As far as sheeps and herds, look no further than reddit's r/bitcoin, and there's your answer. Nothing new to see here, move along folks. My bet is won. |
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Evan
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January 19, 2015, 05:07:55 PM |
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23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed
No reward?
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I am poor, but i do work for Coin 1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM |
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MrTeal
Legendary
Offline
Activity: 1274
Merit: 1004
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January 19, 2015, 05:12:13 PM |
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23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed
No reward?
I got a reward. Are you sure you were mining at the end of the block? |
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Evan
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January 19, 2015, 05:30:58 PM |
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23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed
No reward?
I got a reward. Are you sure you were mining at the end of the block? My miner never turned off as far as I know.... 23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418 25.02145808 confirmed 23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed 23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214 25.20955590 confirmed |
I am poor, but i do work for Coin 1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM |
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MrTeal
Legendary
Offline
Activity: 1274
Merit: 1004
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January 19, 2015, 05:37:30 PM |
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23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed
No reward?
I got a reward. Are you sure you were mining at the end of the block? My miner never turned off as far as I know.... 23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418 25.02145808 confirmed 23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed 23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214 25.20955590 confirmed 23422 - 570904/111674000562=5.11e-6 23421 - 527624/145118640763=3.636e-6 23420 - 473827/78629110635=6.026e-6 For the earliest block you made up 0.0006% of the pool's hashrate (I'm guessing around 60GH/s?). That dropped considerably in the next block, and was still down in the block after that. If I had to guess, I'd say your miner went offline a little more than halfway through 23421, and didn't reconnect until sometime in 23422. |
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kkurtmann
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January 19, 2015, 08:27:14 PM |
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23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed
No reward?
I got a reward. Are you sure you were mining at the end of the block? My miner never turned off as far as I know.... 23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418 25.02145808 confirmed 23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed 23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214 25.20955590 confirmed 23422 - 570904/111674000562=5.11e-6 23421 - 527624/145118640763=3.636e-6 23420 - 473827/78629110635=6.026e-6 For the earliest block you made up 0.0006% of the pool's hashrate (I'm guessing around 60GH/s?). That dropped considerably in the next block, and was still down in the block after that. If I had to guess, I'd say your miner went offline a little more than halfway through 23421, and didn't reconnect until sometime in 23422. You don't have to guess. You nailed it bang on. |
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Evan
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January 20, 2015, 12:27:43 AM |
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23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed
No reward?
I got a reward. Are you sure you were mining at the end of the block? My miner never turned off as far as I know.... 23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418 25.02145808 confirmed 23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327 25.17548613 confirmed 23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214 25.20955590 confirmed 23422 - 570904/111674000562=5.11e-6 23421 - 527624/145118640763=3.636e-6 23420 - 473827/78629110635=6.026e-6 For the earliest block you made up 0.0006% of the pool's hashrate (I'm guessing around 60GH/s?). That dropped considerably in the next block, and was still down in the block after that. If I had to guess, I'd say your miner went offline a little more than halfway through 23421, and didn't reconnect until sometime in 23422. You don't have to guess. You nailed it bang on. Shitty internet then must of Disconnected... son of a gun.. my small miners are at Slush my big miner is over on Antpool :p |
I am poor, but i do work for Coin 1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM |
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kkurtmann
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January 20, 2015, 07:59:34 AM |
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Yes, your miners must have disconnected from the internet if they did not power off.
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kkurtmann
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January 21, 2015, 07:57:39 AM |
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Unless you have big power, any of those chinese pools are going to pay very poorly. I switched my miners back on today, and lucky I got in on 3 blocks found today after a slow painful week.
I've been mining another currency at the moment which when converted to BTC pays better than mining any of those junk chinese pools.
If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.
What other currency are you mining? I would guess he/she is mining any new pump and dump coin that pays more bitcoin than just mining straight bitcoin. Example would be Paycoin which netted 10 times normal bitcoin payout for the week or two it lasted. |
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