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

[cenicsoft]

im using sempron w/ gt 440 with only 14.7-15.0 Mhash/s

can you give me any idea how much will i earn a day?

0.000000

Give or take...0.

That's not fair...I mean, just because you can't /spend/ a thousandth of a cent, doesn't mean you aren't earning a thousands of a cent.

You can use the bitcoin mining calculator here - http://www.alloscomp.com/bitcoin/calculator  You're estimated at 0.00000123 per day with 15 Mhash/s at currently difficulty.  Like the other posters said, you're better off mining an alternative Scrypt based coin.  However, if you wish to experiment with Bitcoin, choose a pool like Bitminter because they count each shift so your shares aren't likely to decay before a block is solved.  On Slush's pool, it's very unlikely you'll earn anything because you may not submit shares at the right time before a block is solved. 

Anyway, the minimum payout on Slush is .01 so at that rate it would take you many years to earn enough to withdrawal.

[markneill]

That's not fair...I mean, just because you can't /spend/ a thousandth of a cent, doesn't mean you aren't earning a thousands of a cent.

The bitcoin protocol uses 8 decimal spaces and if you get less than that, you just get nothing ... yes the life is not fair, but it never was

Sarcasm miss.   

[finbad2]

yup sure is not fair,  warming up your hole with  $4000 heater and paying electricity too.

will be even more unfair in the summer.....


hows this for sarcasm?

[kkurtmann]

perfect

[cheeco]

Hi, im new to forum and wanted some help, I started mining bitcoins about 2 weeks ago with antminer s1 overclocked to 200ghs, first I was getting around 0.0044... bitcoins per round when difficulty was at around 4,,, but now im getting like 0.0033 per each round. can anyone please tell me does difficulty effect how much you get per each round because I thought higher difficulty meant longer rounds... my speed is around 200ghs like before but lower btc per round. can anyone explain why the change has occurred. thanks in advance 

[amspir]

Hi, im new to forum and wanted some help, I started mining bitcoins about 2 weeks ago with antminer s1 overclocked to 200ghs, first I was getting around 0.0044... bitcoins per round when difficulty was at around 4,,, but now im getting like 0.0033 per each round. can anyone please tell me does difficulty effect how much you get per each round because I thought higher difficulty meant longer rounds... my speed is around 200ghs like before but lower btc per round. can anyone explain why the change has occurred. thanks in advance 

Your payout per round depends on the total hashing power of the pool, and doesn't have a direct correlation to the current difficulty.   Increases in difficulty create a longer time between rounds.  More hashing power added to the pool by not you causes lower payouts.


 

[Namnuta]

Hi, im new to forum and wanted some help, I started mining bitcoins about 2 weeks ago with antminer s1 overclocked to 200ghs, first I was getting around 0.0044... bitcoins per round when difficulty was at around 4,,, but now im getting like 0.0033 per each round. can anyone please tell me does difficulty effect how much you get per each round because I thought higher difficulty meant longer rounds... my speed is around 200ghs like before but lower btc per round. can anyone explain why the change has occurred. thanks in advance 

Pool Has grown could be the answer.

[necro_nemesis]

Hi, im new to forum and wanted some help, I started mining bitcoins about 2 weeks ago with antminer s1 overclocked to 200ghs, first I was getting around 0.0044... bitcoins per round when difficulty was at around 4,,, but now im getting like 0.0033 per each round. can anyone please tell me does difficulty effect how much you get per each round because I thought higher difficulty meant longer rounds... my speed is around 200ghs like before but lower btc per round. can anyone explain why the change has occurred. thanks in advance 

Pool has to grow at the same rate as the entire network grows to continue to solve the same number of blocks.

You need to grow at the same rate as the pool to get the same percentage of each of those blocks.

To maintain the same rate of return you have to grow at the rate of the network. Pool size is irrelevant as long as it remains large enough to maintain the ability to solve blocks within an acceptable time frame.

Difficulty increases to control the release of blocks at a predetermined rate taking more computations to solve each block thus requiring more computational power to do it within the same period of time. It's derived from the computational effort being thrown at solving blocks of the entire network.

[Hermonminer]

Is there a hash rate that actually allows a miner to keep pace or even outpace the estimated rise in difficulty or is that just a wrong way of thinking about difficulty?

Thnx

[amspir]

Is there a hash rate that actually allows a miner to keep pace or even outpace the estimated rise in difficulty or is that just a wrong way of thinking about difficulty?

To keep your rate of reward denominated in btc the same, you would keep your personal hashrate in the same proportion to the network hashrate.

[Mblackout]

30 min block to 18 hr block omg

[TheDundalkMiner]

30 min block to 18 hr block omg

No kidding! I've been watching that. As long as it pops soon, that's only 9-10 hrs average across the two

[rangerbob21]

19H+... nothing I can do, but this is getting old...

[nukka33]

over 19hrs since our last block and the 1 day pool luck is 140%...?

that's retarded...

[eleuthria]

over 19hrs since our last block and the 1 day pool luck is 140%...?

that's retarded...

That's because Slush's pool luck stat is only updated when a block is solved, so it always shows a completely inaccurate luck figure before a long round finishes.

[GodfatherBond]

19H+... nothing I can do, but this is getting old...

Does it go over 24h !!! ? Hopefully no.

[ccynthia]

19H+... nothing I can do, but this is getting old...

Does it go over 24h !!! ? Hopefully no.

Yep, it has.

[finbad2]

the 30 day says it all

[rogerli9]

Hi i'm new to this forum
but anyway

Current round duration:   23:25:54

this block must be extremely hard or there must be a problem?

Any advice would be nice

[TheDundalkMiner]

Hi i'm new to this forum
but anyway

Current round duration:   23:25:54

this block must be extremely hard or there must be a problem?

Any advice would be nice

Finally it tipped!

"on to the next one"