[1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]

[philipma1957]

Holy sh... what happen to the difficulty !
wow +21 000 000 !!!

  yeah 32%  that may happen again and again  and again.  I think we are looking at 200 mill diff by oct-nov.

  am usb sticks may lose out this year rather then next.  I am hoping for a raise in btc price but only time will tell since a btc price rise is not certain.

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[kano]

Code:

 Difficulty	 Delta
11187257.46	
12153411.70	 8.64%
15605632.68	28.41%
19339258.27	23.92%
21335329.11	10.32%
26162875.68	22.63%
31256960.72	19.47%
37392766.13	19.63%
50810339.04	35.88%
65750060.14	29.40%
86933017.77	32.22%

[philipma1957]

Code:

 Difficulty	 Delta
11187257.46	
12153411.70	 8.64%
15605632.68	28.41%
19339258.27	23.92%
21335329.11	10.32%
26162875.68	22.63%
31256960.72	19.47%
37392766.13	19.63%
50810339.04	35.88%
65750060.14	29.40%
86933017.77	32.22%

yeah and knc is supposed to drop 1000th in gear in the next 2 months plus a lot more hashpower is coming out.  Last week we got close to 850th in hash (estimated)

 I would think that 2000th is possible by  Nov. 1   =  about 180 diff.

   I also think that 3000th in hash may be true by feb.1  = about 270 diff.  


 price of btc   will have some affect on how much mining gear gets purchased and put into use.

 100 am  usb sticks  hash at 33gh about 400 watts at 18 cents a k watt  and  a diff of 87 mill and a price of 130 usd btc.

 they make about 2 coins in 10 days  a profit of about 230 usd  after power (not counting purchase price).  

 but make diff 200 mill   and you earn .83 coins and a net of about 90 usd after power but not counting purchase price.

so at a diff of 87 mill and a price of 130 usd a btc the sticks look good.
 at a diff of 200 mill and a price of 130 usd a btc the sticks do not look good.  

  but jack price to 200 usd a btc and sticks still look good. for me playing with the sticks has been okay. I sold off about 125 on ebay low margins but a little made on each stick.  so my cost for the 75 sticks on hand has been low.

  I would like a better piece of gear like a knc miner and may get one down the road. I would wait to see if one comes out with no preorder time. my bfl orders are still waiting waiting waiting

[cspindor]

I have the usb stick. I have not had any problems with them. im going to set up 50gh or more soon. im not good with programing things. the reason im with bit minter is that I could not get any other miner to work.

So my question is. if I buy the 10gh blades that have come on the market am I going to be able to just plug them in and they work? or is there programing to do?
if so how hard. I cant do the c promt stuff. yea I know laugh at me im lamb. but seriously how hard is it to set up these (no pc) style hardware?

[OldDutchman777]

What is the theoretical maximum number of USB STICKS or BLADES that can be powered off a 110/120Volt 15Amp circuit without popping the CB?

Is 115x15=1725VA/2.5VA=690 sticks max correct??  That number seems like I am calculating that wrong.  Far too high?

phillipma1957, anyone, please comment.  TIA 

[TheQuin]

What is the theoretical maximum number of USB STICKS or BLADES that can be powered off a 110/120Volt 15Amp circuit without popping the CB?

Is 115x15=1725VA/2.5VA=690 sticks max correct??  That number seems like I am calculating that wrong.  Far too high?

phillipma1957, anyone, please comment.  TIA 

The maths is good, just you will lose some power given off as heat by the USB hub's power supply. Say 80% efficiency for a high spec computer PSU but those cheap bricks are probably about 50%. Volt Amps are Watts and you wouldn't worry about plugging in 1.5KW heater, kettle or whatever. 2.5W is tiny really.

[OldDutchman777]

What is the theoretical maximum number of USB STICKS or BLADES that can be powered off a 110/120Volt 15Amp circuit without popping the CB?

Is 115x15=1725VA/2.5VA=690 sticks max correct??  That number seems like I am calculating that wrong.  Far too high?

phillipma1957, anyone, please comment.  TIA 

The maths is good, just you will lose some power given off as heat by the USB hub's power supply. Say 80% efficiency for a high spec computer PSU but those cheap bricks are probably about 50%. Volt Amps are Watts and you wouldn't worry about plugging in 1.5KW heater, kettle or whatever. 2.5W is tiny really.

Great Answer!!  Good news for me. Thank You my friend.  I love this board.

[Stinky_Pete]

I have the usb stick. I have not had any problems with them. im going to set up 50gh or more soon. im not good with programing things. the reason im with bit minter is that I could not get any other miner to work.

So my question is. if I buy the 10gh blades that have come on the market am I going to be able to just plug them in and they work? or is there programing to do?
if so how hard. I cant do the c promt stuff. yea I know laugh at me im lamb. but seriously how hard is it to set up these (no pc) style hardware?

If you couldn't get any other miner to work with a USB ASIC, then you may not be able to set up a blade. They require more configuration than the USB sticks. I think there are threads on this forum which give pretty clear instructions, and I am considering buying a blade.

[cspindor]

quote4339

Thanx for the info. I realy want in on this. I may have to take some night classes to improve my skills.

It looks to me these blade are the way to go as far as price. also it looks to me that most of the other tech is not shipping yet. or has a waiting list.

[OldDutchman777]

quote4339

Thanx for the info. I realy want in on this. I may have to take some night classes to improve my skills.

It looks to me these blade are the way to go as far as price. also it looks to me that most of the other tech is not shipping yet. or has a waiting list.

I think blades will soon be the new sticks if one wants any chance of keeping up with diff increases and total network hashing power.  That is the current view from this extreme neophyte.  Would like to hear the thoughts of the experienced miners regarding the long term(2-3 months) viability of a stick mining rig.

[cspindor]

would someone post some figures from a 10gh blade? how many day currently is it taking 10ghs to make one coin?

[TheQuin]

would someone post some figures from a 10gh blade? how many day currently is it taking 10ghs to make one coin?

http://mining.thegenesisblock.com/a/38c48bfc4c

[philipma1957]

quote4339

Thanx for the info. I realy want in on this. I may have to take some night classes to improve my skills.

It looks to me these blade are the way to go as far as price. also it looks to me that most of the other tech is not shipping yet. or has a waiting list.

I think blades will soon be the new sticks if one wants any chance of keeping up with diff increases and total network hashing power.  That is the current view from this extreme neophyte.  Would like to hear the thoughts of the experienced miners regarding the long term(2-3 months) viability of a stick mining rig.

 

sticks have plus marks and down marks.
plus
1) easy setup
2)low cost to buy in for a few
3)small

down
1)low hash
2)messy if you do 100 sticks
3)about 105 stick max for a pc. your mobo is the key  to how many you can do.

I think the sticks will not be viable by early spring or late winter.
 feb-march.

 as for a temp 2-3 month setup  with usb sticks yeah  you can go for it.  just don't bet the farm.

[philipma1957]

would someone post some figures from a 10gh blade? how many day currently is it taking 10ghs to make one coin?

  10.1 gh for 10 days at a diff of 87 mill will make .59 coins 

10.1 gh for 10 days at a diff of 113 mill will make .45 coins

10.1 gh for 10 days at a diff of 147 mill will make  .34 coins   


so this is a 30 day projection of coins earned for the next 30 days at 30% diff jumps.   sooner or later the 30% jumps will level off  but as to when that happens

[cspindor]

is the diff really going up that fast/ it seam like the tech wont pay for its self.

please comment

[epg]

would someone post some figures from a 10gh blade? how many day currently is it taking 10ghs to make one coin?

  10.1 gh for 10 days at a diff of 87 mill will make .59 coins 

10.1 gh for 10 days at a diff of 113 mill will make .45 coins

10.1 gh for 10 days at a diff of 147 mill will make  .34 coins   


so this is a 30 day projection of coins earned for the next 30 days at 30% diff jumps.   sooner or later the 30% jumps will level off  but as to when that happens

Think you're off by a decimal point there. It'd be 0.059BTC, 0.045, 0.034, etc.

[OldDutchman777]

quote4339

Thanx for the info. I realy want in on this. I may have to take some night classes to improve my skills.

It looks to me these blade are the way to go as far as price. also it looks to me that most of the other tech is not shipping yet. or has a waiting list.

I think blades will soon be the new sticks if one wants any chance of keeping up with diff increases and total network hashing power.  That is the current view from this extreme neophyte.  Would like to hear the thoughts of the experienced miners regarding the long term(2-3 months) viability of a stick mining rig.

 

sticks have plus marks and down marks.
plus
1) easy setup
2)low cost to buy in for a few
3)small

down
1)low hash
2)messy if you do 100 sticks
3)about 105 stick max for a pc. your mobo is the key  to how many you can do.

I think the sticks will not be viable by early spring or late winter.
 feb-march.

 as for a temp 2-3 month setup  with usb sticks yeah  you can go for it.  just don't bet the farm.

Thanks for the excellent info and quick reply philipma1957.   In my view, you are to good info what Canary is to hardware supply.

On top of the big diff jump it looks to me like the price of BTC is going to take a near term hit as the likelihood of striking Syria in the short term fade away.

[Epoch]

is the diff really going up that fast/ it seam like the tech wont pay for its self.

Yes, diff has been going up 20%-35% every 10-12 days for the past few months. And it will likely continue to do so for a while.

This is why a growing number of people are beginning to realize (or at least suspect) that any hardware bought now may not actually pay for itself. Or, at least, not any time soon. The less expensive hardware in terms of $/GH is all pre-order, months away; and the on-hand stuff (ASICMiner blades, sticks, ebay) is very expensive.

Either way it is a big gamble. There may be better choices for investing your $ than in mining hardware right now. If you aren't in the game already, this may not be the best time to start.

[philipma1957]

would someone post some figures from a 10gh blade? how many day currently is it taking 10ghs to make one coin?

  10.1 gh for 10 days at a diff of 87 mill will make .59 coins 

10.1 gh for 10 days at a diff of 113 mill will make .45 coins

10.1 gh for 10 days at a diff of 147 mill will make  .34 coins   


so this is a 30 day projection of coins earned for the next 30 days at 30% diff jumps.   sooner or later the 30% jumps will level off  but as to when that happens

Think you're off by a decimal point there. It'd be 0.059BTC, 0.045, 0.034, etc.

 no I did 10 day estimates not 1 day estimates.

[cspindor]

great info...thanx