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Author Topic: BitMinter.com * Optional Custom Miner, PPLNS, Merged mining, Newbie-Friendly! *  (Read 219964 times)
JshLnsctt
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May 22, 2013, 12:32:57 AM
 #861

i'm running with +/- 1400 megs, the expected rate is a bit over .06/day. Since the 15th I received .186 when the expected rate should have been .24. I have my auto deposit set for .02 and I receive 2 payments/day. I understand how mining works and the variance involved, but the 4 pennies a day appear to be consistent

We just now had a dip in our luck, but before that it was average for a good while, going a little above and a little below at times.

Could it be related to the (currently) 4 hours 40 minutes delay for work to get paid through 10 shifts? Or the 20 hour delay for confirmations if not using the prepay perk?


Why is the delay so much longer than previously?  I just logged on to check on my amount earned and noticed that there is a pile of work in the current shift and my amount earned has not changed.
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notnatural
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May 22, 2013, 05:52:50 AM
 #862

need to get my post up so i can post some outside of Newbie thank
DrHaribo
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May 22, 2013, 04:13:56 PM
 #863

i'm running with +/- 1400 megs, the expected rate is a bit over .06/day. Since the 15th I received .186 when the expected rate should have been .24. I have my auto deposit set for .02 and I receive 2 payments/day. I understand how mining works and the variance involved, but the 4 pennies a day appear to be consistent

We just now had a dip in our luck, but before that it was average for a good while, going a little above and a little below at times.

Could it be related to the (currently) 4 hours 40 minutes delay for work to get paid through 10 shifts? Or the 20 hour delay for confirmations if not using the prepay perk?


Why is the delay so much longer than previously?  I just logged on to check on my amount earned and noticed that there is a pile of work in the current shift and my amount earned has not changed.

The two delays have been almost the same for the last few weeks. Why do you feel the delay has gotten longer?

Having work in the current incomplete shift means you get paid after the shift is completed. Having work in the last 10 completed shifts means you get paid now if blocks are found. If you have a pile of work in the current shift, then you'll get paid later.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
Bitoy
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May 22, 2013, 05:08:10 PM
 #864

Looks cool. Will try it.
kodo
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May 22, 2013, 05:16:44 PM
 #865

Wow cool idea man
Maldark
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May 22, 2013, 06:38:14 PM
 #866

Hi there

I'm new to both Bitcoin, Bit mining and BitMinter.

Anyway, I've been going steady for a few days, and my desktop pulls off about 125 Mhps with its GTX 680. My laptop only pulls 60 Mhps with its GTX 580. Anyway, i've been looking at it, and a Butterfly Labs " 5 GH/s Bitcoin Miner - BitForce 5 GH/s SC" should pull 5GH/s which should amount to about 0,25 - 0,3 BTC per day. A BTC is worth about $122 whereas the ASIC costs $274. This would mean, that in about 8 days that would be a total profit / loss of 0. Is my math way off or am I missing something else completely? Sounds too good to be true does it not?

Kind regards

Maldark
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May 22, 2013, 07:03:07 PM
 #867

Maldark, keep in mind that as more and more machines start mining the difficulty will keep going up, and the 5 GH/s will give you less and less bitcoins.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
Navles
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May 22, 2013, 07:22:47 PM
 #868

Looks awesome.

+1
CRYMinter
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May 22, 2013, 07:37:11 PM
 #869

make sure that you are running the bitminter mining app in "high performance" mode...it really just minimizes the window on your screen.  This way you are not loosing any gpu's on your mining app.
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May 22, 2013, 07:39:26 PM
 #870

it is a clean running app though.  It will either see your cards or not.  If it does then you are done...if not then you need to keep looking at drivers, configurations or anything else to get it to be seen by the app.
Maldark
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May 22, 2013, 07:53:12 PM
 #871

Maldark, keep in mind that as more and more machines start mining the difficulty will keep going up, and the 5 GH/s will give you less and less bitcoins.


How fast will this happen?

If I got the machine tomorrow, how many days would you think it'd take?

I'm just looking for a rough estimate Smiley

Kind regards

I can see that the video where I got the 0.25 - 0.3 numbers from is a month old, what do you think 5 GH/s gives nowadays?
JshLnsctt
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May 22, 2013, 10:51:13 PM
 #872

Maldark, keep in mind that as more and more machines start mining the difficulty will keep going up, and the 5 GH/s will give you less and less bitcoins.


How fast will this happen?

If I got the machine tomorrow, how many days would you think it'd take?

I'm just looking for a rough estimate Smiley

Kind regards

I can see that the video where I got the 0.25 - 0.3 numbers from is a month old, what do you think 5 GH/s gives nowadays?

The machines have a minimum 2month+ pre-order wait on them.  The ones that are currently shipping were ordered a year ago, I am still waiting for my two.  It is totally impossible to assume how much the difficulty will change by the time which you receive an ordered ASIC.
Maldark
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May 23, 2013, 04:41:55 AM
 #873

The machines have a minimum 2month+ pre-order wait on them.  The ones that are currently shipping were ordered a year ago, I am still waiting for my two.  It is totally impossible to assume how much the difficulty will change by the time which you receive an ordered ASIC.

That's quite a wait Sad

How long ago did you order?
SnitraM
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May 23, 2013, 07:41:36 AM
 #874

Maldark, keep in mind that as more and more machines start mining the difficulty will keep going up, and the 5 GH/s will give you less and less bitcoins.


How fast will this happen?

If I got the machine tomorrow, how many days would you think it'd take?

I'm just looking for a rough estimate Smiley
...

If you double the days, you should have some margin. However I think you won't get any miner tomorrow
from BFL if you order today. They are ~1 year late.
seshep
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May 23, 2013, 08:36:34 AM
 #875

Any suggestions with current vid cards and motherboards for mining  would be much apreciated.

Webzone
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May 24, 2013, 03:25:32 AM
 #876

Looking great. I'm trying out the Beta at the moment, and it seems to give a slightly higher hash rate than the old client. Keep up the good work.

The big delays i somewhat a little annoying. Would be great to have some faster execution in confirmation. I have tried to use the perks as I have read that it should make a difference. But I cant feel any difference. But I might be wrong about that.
jedimental
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May 24, 2013, 04:28:12 AM
 #877

For beginners Bitminter cannot be beat. By far the easiest setup Bitcoin mining operation.
SnitraM
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May 24, 2013, 09:01:00 AM
 #878

Any suggestions with current vid cards and motherboards for mining  would be much apreciated.

If you're buying just for mining: none. The ASICs will make it hard for you to recoup the money.

If you're buying for playing and mining when not playing: AMD. Nvidia's cards can't mine very well.
geriop
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May 24, 2013, 09:01:55 AM
 #879

Pretty nice. Mine's named Jupiter.
alylxixi
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May 24, 2013, 11:55:36 AM
 #880

wow, awesome!
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