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nottm28
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June 04, 2013, 07:06:52 PM |
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Good luck, I've asked that of members numerous times almost a 100 pages ago. I've simply given up. Now I just try to keep up with the 4-8 new pages per day and hope that all the newbs start to figure things out sooner rather than later.
It's human nature mixed with laziness  |
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Herp-a-derp
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June 04, 2013, 09:27:18 PM |
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The pool is doing very well. Big thanks to Slush! |
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PrintMule
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June 04, 2013, 09:50:28 PM |
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3+ weeks ago my reward per block were 0.0014 - 0.0016 per block 1 week ago it was ~0.0011 - 0.0012 now it gets as low as 0.0008 per block 7day moving average has gone from 0.25 to 0.21 and 0.18 Is it difficulty or total hashrate? my work utility has gone from 7.8 to 7.2 If rewards are going down so quickly how are little miners like me supposed to go on? I knew it was expected, but i hoped for 2x slower decline than this  Or my whining is wrong? |
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valladex
Member
 Offline
Activity: 61
Merit: 10
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June 04, 2013, 10:18:17 PM |
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3+ weeks ago my reward per block were 0.0014 - 0.0016 per block 1 week ago it was ~0.0011 - 0.0012 now it gets as low as 0.0008 per block 7day moving average has gone from 0.25 to 0.21 and 0.18 Is it difficulty or total hashrate? my work utility has gone from 7.8 to 7.2 If rewards are going down so quickly how are little miners like me supposed to go on? I knew it was expected, but i hoped for 2x slower decline than this Or my whining is wrong? fairly sure its the difficulty (increases with total network hashrate), with yet another change coming soon. Its also a shame that human greed led to the pointless creation of ASIC's for mining, it monopolises Bitcoin to the few who have a lot of money the same way banks have with fiat currency. |
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kanta
Newbie
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Activity: 31
Merit: 0
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June 04, 2013, 10:52:01 PM |
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3+ weeks ago my reward per block were 0.0014 - 0.0016 per block 1 week ago it was ~0.0011 - 0.0012 now it gets as low as 0.0008 per block 7day moving average has gone from 0.25 to 0.21 and 0.18 Is it difficulty or total hashrate? my work utility has gone from 7.8 to 7.2 If rewards are going down so quickly how are little miners like me supposed to go on? I knew it was expected, but i hoped for 2x slower decline than this Or my whining is wrong? fairly sure its the difficulty (increases with total network hashrate), with yet another change coming soon. Its also a shame that human greed led to the pointless creation of ASIC's for mining, it monopolises Bitcoin to the few who have a lot of money the same way banks have with fiat currency. difficulty increasing would make each block take longer, but wouldn't change the fact that each block is 25 BTC, so the size of your payouts would remain about the same. Network hashrate increasing wihtout your personal hashrate increasing would lower the percentage of work you have contributed, so hashes would happen faster overall, but your own payout would be reduced. As difficulty rises, blocks take longer, and over time more asics/fpgas are introduced to the pool, making gpu mining less lucrative. You have to determine for yourself whether this is right for you |
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5120-01-518-6126
Full Member
Offline
Activity: 174
Merit: 100
< My mining rig >
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June 04, 2013, 10:54:16 PM |
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Good luck, I've asked that of members numerous times almost a 100 pages ago. I've simply given up. Now I just try to keep up with the 4-8 new pages per day and hope that all the newbs start to figure things out sooner rather than later.
It's human nature mixed with laziness lol, on both sides -- some noobs can't wait to get a quick info fix or are too lazy to look up answers on their own, and some ex-noobs jealously guard their info or are too lazy to give the answers again. at least we're all human. |
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desired_username
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June 04, 2013, 11:10:04 PM |
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Good luck, I've asked that of members numerous times almost a 100 pages ago. I've simply given up. Now I just try to keep up with the 4-8 new pages per day and hope that all the newbs start to figure things out sooner rather than later.
It's human nature mixed with laziness lol, on both sides -- some noobs can't wait to get a quick info fix or are too lazy to look up answers on their own, and some ex-noobs jealously guard their info or are too lazy to give the answers again. at least we're all human. I think everyone can decide if they want to answer questions or ignore them. ;-) If you considering it as stealing time, I'm not even sure why you participate in a public forum? |
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sosad
Newbie
Offline
Activity: 16
Merit: 0
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June 04, 2013, 11:36:58 PM |
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Slush I thank you for keeping the forums and pool on the up most ... your the best bro
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minerapia
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June 05, 2013, 12:19:43 AM |
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3+ weeks ago my reward per block were 0.0014 - 0.0016 per block, 1 week ago it was ~0.0011 - 0.0012 now it gets as low as 0.0008 per block. 7day moving average has gone from 0.25 to 0.21 and 0.18 Is it difficulty or total hashrate? my work utility has gone from 7.8 to 7.2 If rewards are going down so quickly how are little miners like me supposed to go on? I knew it was expected, but i hoped for 2x slower decline than this Or my whining is wrong? and its not getting any easier -> Estimated difficulty 15442778 in 111 blks :C Stupid asics :/ maybe its time to start learning LTC world... |
donations -> btc: 1M6yf45NskQxWXknkMTzQ8o6wShQcSY4EC
ltc: LeTpCd6cQL26Q1vjc9kJrTjjFMrPhrpv6j
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5120-01-518-6126
Full Member
Offline
Activity: 174
Merit: 100
< My mining rig >
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June 05, 2013, 01:45:10 AM |
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3+ weeks ago my reward per block were 0.0014 - 0.0016 per block, 1 week ago it was ~0.0011 - 0.0012 now it gets as low as 0.0008 per block. 7day moving average has gone from 0.25 to 0.21 and 0.18 Is it difficulty or total hashrate? my work utility has gone from 7.8 to 7.2 If rewards are going down so quickly how are little miners like me supposed to go on? I knew it was expected, but i hoped for 2x slower decline than this Or my whining is wrong? and its not getting any easier -> Estimated difficulty 15442778 in 111 blks :C Stupid asics :/ maybe its time to start learning LTC world... Well, it'll be awhile before there are ASICs with integrated memory that can run the scrypt algorithm, but I don't doubt they will come if LTC climbs in value. I think a more immediate impact on LTC mining profitability will be the larger gpu mine operators moving from BTC to LTC. |
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Trongersoll
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June 05, 2013, 02:07:41 AM |
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This is like the countdown to the bitcoin apocalypse.  |
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PookieB
Newbie
Offline
Activity: 13
Merit: 0
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June 05, 2013, 02:58:42 AM |
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I've already noticed LTC difficultly climbing with more people moving to GPU LTC mining. It's still a draw as to whether you mine BTC and trade for LTC or mine straight LTC. You'll get the same LTC either way.
PB
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bspurloc
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June 05, 2013, 03:16:27 AM |
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3+ weeks ago my reward per block were 0.0014 - 0.0016 per block 1 week ago it was ~0.0011 - 0.0012 now it gets as low as 0.0008 per block 7day moving average has gone from 0.25 to 0.21 and 0.18 Is it difficulty or total hashrate? my work utility has gone from 7.8 to 7.2 If rewards are going down so quickly how are little miners like me supposed to go on? I knew it was expected, but i hoped for 2x slower decline than this Or my whining is wrong? I noted this... everytime the pool increased by 1000gh/s it was like I lost 1 miner. this happened 2weeks ago and again this monday. 10,500g/s 2 weeks ago becaomse 11,500gh/s which increased to 12,500gh/s monday. so each of those increases I have lost .0011x so I keep adding new miners... it is a losing battle without asics! |
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gmerk
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June 05, 2013, 04:33:17 AM |
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Every diff increase from now on is going to be a bitch.
Net hash rate is exploding (asics finally shipping/working).
This increase could also go above 15,5M, if blocks keep coming at such high rate.
Seems we're coming to the end of small time gpu miners.
Good thing is, I will finally use my pc for normal work, after months of pure mining...
I wonder though, if BTC goes back to 50 or even 5, what are all these asics going to do?
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bspurloc
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June 05, 2013, 05:49:31 AM |
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Every diff increase from now on is going to be a bitch.
Net hash rate is exploding (asics finally shipping/working).
This increase could also go above 15,5M, if blocks keep coming at such high rate.
Seems we're coming to the end of small time gpu miners.
Good thing is, I will finally use my pc for normal work, after months of pure mining...
I wonder though, if BTC goes back to 50 or even 5, what are all these asics going to do?
Crack your neighbors wifi in seconds, or SSLs in an hour. |
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tw2501
Newbie
Offline
Activity: 41
Merit: 0
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June 05, 2013, 06:11:51 AM |
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Is there a problem with block 18403? Mining was running fulltime with 1.5 GH with normal about 0.003 BTC. Last block no shares and no BTC???
18403 2013-06-05 05:51:37 1:46:43 18629176 none none none 239836 25.11830000 98 Bestätigungen ausstehend
OK, has changed now from none to 0.0029 BTC.
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gmerk
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June 05, 2013, 06:15:30 AM |
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Crack your neighbors wifi in seconds, or SSLs in an hour.
And if all asics & their hashrate become a guided bot-net, what can we achieve then... Nice things... |
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gourmet
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June 05, 2013, 06:57:36 AM
Last edit: June 28, 2013, 11:06:22 AM by gourmet |
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Good luck, I've asked that of members numerous times almost a 100 pages ago. I've simply given up. Now I just try to keep up with the 4-8 new pages per day and hope that all the newbs start to figure things out sooner rather than later.
It's human nature mixed with laziness lol, on both sides -- some noobs can't wait to get a quick info fix or are too lazy to look up answers on their own, and some ex-noobs jealously guard their info or are too lazy to give the answers again. at least we're all human. I think everyone can decide if they want to answer questions or ignore them. ;-) Shure he can. And everyone can answer them in any way, including the one I've chosen. If you considering it as stealing time, I'm not even sure why you participate in a public forum?
Yes, I consider spamming the forum by asking f.a.q. w/o oneself trying to find the answer stealing time from the other participants. Fortunately, there are also other participants/posts. Unfortunately, they're dilute in the mass of the products of the human laziness. ;-) |
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iFA88
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June 05, 2013, 07:33:46 AM |
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I have in the last 8 minute increased my hash rate with 300 mhps. ( i come from working to home )
The other GPU has worked the whole night, and the whole 18405 block with 200 mhps.
Why become i lower reward for that?
18405 2013-06-05 06:48:52 0:30:54 5641099 97 0.00025243 239843 25.40456001 94 confirmations left
18404 2013-06-05 06:17:58 0:26:21 4624965 67 0.00044449 239839 25.29670000 90 confirmations left
Thanks for answers.
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kadabra
Newbie
Offline
Activity: 13
Merit: 0
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June 05, 2013, 07:36:15 AM |
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18406 2013-06-05 06:52:13 0:03:21 535845 315 0.01437377 239844 25.05570000 95 confirmations left
18405 2013-06-05 06:48:52 0:30:54 5641099 2869 0.00445161 239843 25.40456001 94 confirmations left
18404 2013-06-05 06:17:58 0:26:21 4624965 2505 0.01359742 239839 25.29670000 90 confirmations left
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