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Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 775799 times)
christhegoth
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July 10, 2014, 06:19:13 AM
 #6981

The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.

Yup, gonna run some trials now to see if I can improve performance. I'll post results.

I only have the one s1, but if we can save our miners it's worth it.

Ok, the lowest I could get it running at was 130 GH. That ate about 310w. The ratio always seems to be 0.42 GH/w. Where as the newer miners roll in at closer to 1 GH/w.

So you can dial them back, but your profit will stay crap. Not the best of news.

check this thread => https://bitcointalk.org/index.php?topic=526060.0

"With this voltage my 3 antminer s1 are hashing at 140 GH/s each for 500 watts (166 watts per ant)"

I got my 3 down to 434 watts at the wall with a RM750 PS at 140 GH/s as well.


Yup, that did it.  I now pull about 200w for 140 GH/s, which is near enough for me.

Good news for our s1 crowd as well, as a ratio of 0.7 GH/w is not bad.  Just glad I only have the 1 s1.  My Coindesk unit is 700GH for 720w, and that's useful Smiley
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christhegoth
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July 10, 2014, 06:48:23 AM
 #6982

Hello everyone

If you not believe in a long term growth of the bitcoin it makes no sense to invest in mining. you might be better off if you go to a casino and bet everything on red or black you have.
Whatever GH/W ratio you have it is only a matter of time till it makes no profit because of the electricity bill.

But mining is not dead. we just have to wait till the big guys feel the heat and the difficulty level will decrease and our miners will be profitable again.

The whole question of success or defeat is about to establish bitcoin as a method of payment instead of hoarding and speculating for a higher price.

Work for the acceptance of the coin is the key for a profit with mining.

We not only need more Gigahashs we need a broader audience to spend bitcoins and not only collect them.

best regards
Joerg

With any mining outfit the rule is simple enough:

Unless your profits are HUGE ( like 2 grand a month ) you can't draw a wage of 1 grand a month.  Simply because of how you need 1 grand a month building up to replace older kit.

If you want a small mechanism that pays for IT repairs than 1 TH is fine; but you won't get a wage out of it, just repair & upgrade money.

Still, that's better than a kick in the bollocks Wink
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July 10, 2014, 09:44:00 PM
 #6983

The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.

Yup, gonna run some trials now to see if I can improve performance. I'll post results.

I only have the one s1, but if we can save our miners it's worth it.

Ok, the lowest I could get it running at was 130 GH. That ate about 310w. The ratio always seems to be 0.42 GH/w. Where as the newer miners roll in at closer to 1 GH/w.

So you can dial them back, but your profit will stay crap. Not the best of news.

check this thread => https://bitcointalk.org/index.php?topic=526060.0

"With this voltage my 3 antminer s1 are hashing at 140 GH/s each for 500 watts (166 watts per ant)"

I got my 3 down to 434 watts at the wall with a RM750 PS at 140 GH/s as well.


Yup, that did it.  I now pull about 200w for 140 GH/s, which is near enough for me.

Good news for our s1 crowd as well, as a ratio of 0.7 GH/w is not bad.  Just glad I only have the 1 s1.  My Coindesk unit is 700GH for 720w, and that's useful Smiley


good I am glad you have a better power number now.   BTW a q-tip with 90% alcohol rubbed across the  8 POWERED DOWN resistors.

Will clean off the pencil and set you back to the higher volts.

I just sold my 3  after I set them back to full power.  The buyer had free power and wanted the higher speeds.

https://bitcointalk.org/index.php?topic=675598.msg7716943#msg7716943   here they are back to full speed. less then 20 minutes time




[/quote]

██     Please support sidehack with his new miner project Send to :

1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr

 
 ██
DrHaribo
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July 11, 2014, 02:17:21 PM
 #6984

Upgrades (as previously announced) went smooth. Looks like most miners came back after being disconnected for the upgrade. If yours didn't, you'll want to have a look at them.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
christhegoth
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July 11, 2014, 02:42:43 PM
 #6985

Support Request:

I haz one of these:

http://technobit.eu/index.php?id_product=69&controller=product&id_lang=1

It uses Hex16A3 chips and I could do with a driver in the Bitminter client as, naturally, the set-up guide is not there anymore ( even though it's a new product ).

There's a BitcoinTalk thread here on it.  The voltage appears to be 875 mV, but that'll need testing.

https://bitcointalk.org/index.php?topic=520089.40


It's a USB unit, so having our client support it would be a good idea Smiley


PS:  Found this as well.  Not a very well written guide, but apparently the latest cgminer likes them ( could have fooled me but there you go ):

https://bitcointalk.org/index.php?topic=618582.0
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July 12, 2014, 11:08:04 AM
 #6986

It uses Hex16A3 chips and I could do with a driver in the Bitminter client as, naturally, the set-up guide is not there anymore ( even though it's a new product ).

It's a real pain that every manufacturer is inventing their own protocols for this. I don't have time to add them all.

It looks like the Rockminer R-box is a popular product, I may look into that first.

You'll need to get that device running with bfgminer or cgminer. Maybe someone here has the same machine and can help?

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
christhegoth
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July 12, 2014, 11:53:01 AM
 #6987

It uses Hex16A3 chips and I could do with a driver in the Bitminter client as, naturally, the set-up guide is not there anymore ( even though it's a new product ).

It's a real pain that every manufacturer is inventing their own protocols for this. I don't have time to add them all.

It looks like the Rockminer R-box is a popular product, I may look into that first.

You'll need to get that device running with bfgminer or cgminer. Maybe someone here has the same machine and can help?


I have it working with cgminer 4.4.1 & Debian ( latest ) as per instructions on the thread I posted to:

https://bitcointalk.org/index.php?topic=520089.0;all

Works a treat Smiley
gb1971
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July 12, 2014, 03:39:57 PM
 #6988

It uses Hex16A3 chips and I could do with a driver in the Bitminter client as, naturally, the set-up guide is not there anymore ( even though it's a new product ).

It's a real pain that every manufacturer is inventing their own protocols for this. I don't have time to add them all.

It looks like the Rockminer R-box is a popular product, I may look into that first.

You'll need to get that device running with bfgminer or cgminer. Maybe someone here has the same machine and can help?

r-box support would be nice
i hope you can find the time doc Wink
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July 13, 2014, 04:47:52 AM
 #6989

Fun is starting to go away for me, difficulty so high, more blocks are taking days and pool speed is getting more again.  Speed is not winning in our luck part so it seems.

I don't like it, putting more money in than getting out now... not fun.

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July 13, 2014, 08:22:31 AM
 #6990

Fun is starting to go away for me, difficulty so high, more blocks are taking days and pool speed is getting more again.  Speed is not winning in our luck part so it seems.

I don't like it, putting more money in than getting out now... not fun.

This last 1.5 weeks has been pretty slow. I've only made enough to cover costs.

Coin-mining is like running a shop. You get good months and bad months. But...

If it's not working out you do have the option to switch the units off. Never forget that.


The blocks have been naff of late though, fair comment.
DrHaribo
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July 13, 2014, 08:46:16 AM
 #6991

Reward graph is looking pretty good (last 500 shifts):

https://bitminter.com/stats/rewards

So payouts have been good lately.

Unlucky blocks take longer than lucky blocks. That can give you the impression that you're having bad luck all the time. Don't let that fool you though.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
christhegoth
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July 13, 2014, 09:23:42 AM
 #6992

Reward graph is looking pretty good (last 500 shifts):

https://bitminter.com/stats/rewards

So payouts have been good lately.

Unlucky blocks take longer than lucky blocks. That can give you the impression that you're having bad luck all the time. Don't let that fool you though.



Yup, peaks & troughs.

Also BTC has increased in value over the past 3 or so weeks:

http://bitcoincharts.com/charts/coinfloorGBP#rg60ztgTzm1g10zm2g25

£350 a month or so back is now £370.  And it's all looking stable too.  It's not a huge return, but 1 miner running at 700GH for 700w is enough to run a credit card that pays for my IT costs ( repairs, upgrades, etc ).  A small shop.

Drawing a wage you're gonna need a Minerscube 5 at least, but for top-ups to your main job I'd say we're still good.

It's just the last 1.5 weeks that have been crap.  Which means the next 1.5 weeks should be pretty good in theory ( according to the good Dr's graph ).


It was never gonna be big money.  But it's still some money.  Which is better than no money Wink


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July 13, 2014, 09:39:28 AM
 #6993

Reward graph is looking pretty good (last 500 shifts):

https://bitminter.com/stats/rewards

So payouts have been good lately.

Unlucky blocks take longer than lucky blocks. That can give you the impression that you're having bad luck all the time. Don't let that fool you though.



Yup, peaks & troughs.

Also BTC has increased in value over the past 3 or so weeks:

http://bitcoincharts.com/charts/coinfloorGBP#rg60ztgTzm1g10zm2g25

£350 a month or so back is now £370.  And it's all looking stable too.  It's not a huge return, but 1 miner running at 700GH for 700w is enough to run a credit card that pays for my IT costs ( repairs, upgrades, etc ).  A small shop.

Drawing a wage you're gonna need a Minerscube 5 at least, but for top-ups to your main job I'd say we're still good.

It's just the last 1.5 weeks that have been crap.  Which means the next 1.5 weeks should be pretty good in theory ( according to the good Dr's graph ).


It was never gonna be big money.  But it's still some money.  Which is better than no money Wink




What kind of scam are you pimping? Minerscube 5? Never heard of it and certainly if it was legit, there'd be a lot of talk in the Hardware forum.
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July 13, 2014, 10:28:19 AM
 #6994

When you're buying mining equipment, make sure you compare price per GH/s (remember to add power supply, if not included), electricity usage, etc.

There are some very bad deals out there, which can never break even. Whether you pay $10 per GH/s or less than $1 per GH/s is important.

It's just the last 1.5 weeks that have been crap.

Last 10 days we found 19 blocks, so 1.9 blocks per day. The average we can expect with our hashrate currently is 1.6 blocks per day. I wouldn't call 1.9 "crap". Or 1.72 blocks per day the last 11 days, which is still good. Depending on whether 1.5 weeks is 10 or 11 days.

Try not to focus only on the unlucky rounds. It will make you think you are having bad luck when you're actually being lucky.

Which means the next 1.5 weeks should be pretty good in theory

No, past luck has no impact on future luck. Thinking so is called "gambler's fallacy", which you can read about on Wikipedia.

Every time you play the lottery or roll the dice your chance of winning is the same. It doesn't matter whether you won or lost the previous time(s).

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
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July 13, 2014, 11:45:23 AM
 #6995

Thanks to TaggedYa for slamming in a second block after just 7 minutes.

CDF 0.8% means:

https://www.youtube.com/watch?v=y6Sxv-sUYtM

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
gb1971
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July 13, 2014, 12:00:04 PM
 #6996

Thanks to TaggedYa for slamming in a second block after just 7 minutes.

CDF 0.8% means:

https://www.youtube.com/watch?v=y6Sxv-sUYtM

yeah slamdunking 7 minute blocks makes me happy too thx TaggedYa!!!!

nice 1 doc Smiley
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July 13, 2014, 12:32:45 PM
 #6997

Thanks to TaggedYa for slamming in a second block after just 7 minutes.

CDF 0.8% means:

https://www.youtube.com/watch?v=y6Sxv-sUYtM

yeah slamdunking 7 minute blocks makes me happy too thx TaggedYa!!!!

nice 1 doc Smiley

It's like a bonus for working long hours.
christhegoth
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July 13, 2014, 02:45:54 PM
 #6998

When you're buying mining equipment, make sure you compare price per GH/s (remember to add power supply, if not included), electricity usage, etc.

There are some very bad deals out there, which can never break even. Whether you pay $10 per GH/s or less than $1 per GH/s is important.

It's just the last 1.5 weeks that have been crap.

Last 10 days we found 19 blocks, so 1.9 blocks per day. The average we can expect with our hashrate currently is 1.6 blocks per day. I wouldn't call 1.9 "crap". Or 1.72 blocks per day the last 11 days, which is still good. Depending on whether 1.5 weeks is 10 or 11 days.

Try not to focus only on the unlucky rounds. It will make you think you are having bad luck when you're actually being lucky.

Which means the next 1.5 weeks should be pretty good in theory

No, past luck has no impact on future luck. Thinking so is called "gambler's fallacy", which you can read about on Wikipedia.

Every time you play the lottery or roll the dice your chance of winning is the same. It doesn't matter whether you won or lost the previous time(s).



The graph you put up clearly shows an oscillation, that then translates into an average.  From my view we had that 3 day block, then a day with like 4 in one day ( glorious ), and then after that we have 1 block per day for the next 4 days. Then 2 so far today. In 9 days we picked up 10 blocks.  Which is below the 10.9 per week quoted by someone a few posts back.

Following the cycle so far ( not gambling in the true sense ) that would suggest we now have a few days of good times coming.

Which naturally means I have just jinxed it Wink

Hence why I advise to think monthly.  Good weeks happen, bad weeks happen, and it's what it adds up to at the end of the month that counts ( as in, can you pay your electricity or not ).

This pool does appear to perform well.  You just have to allow for the odd duff week, as life is life.


I chose to pick up an S3 to add to my Coindesk unit.  My Coindesk is running at 700 GH/s for 770w at present, and can be dialed back to 530 GH/s for 500w later in it's lifetime ( as difficulty rises ).

The s3 is brand spanking new, so based on that I should get maximum profit on a 1.1 GH/s per watt unit.  Not sure if I'll be able to pencil-mod it later in it's life, but I would assume it's the same as the S1 here.
christhegoth
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July 13, 2014, 02:49:05 PM
 #6999

Reward graph is looking pretty good (last 500 shifts):

https://bitminter.com/stats/rewards

So payouts have been good lately.

Unlucky blocks take longer than lucky blocks. That can give you the impression that you're having bad luck all the time. Don't let that fool you though.



Yup, peaks & troughs.

Also BTC has increased in value over the past 3 or so weeks:

http://bitcoincharts.com/charts/coinfloorGBP#rg60ztgTzm1g10zm2g25

£350 a month or so back is now £370.  And it's all looking stable too.  It's not a huge return, but 1 miner running at 700GH for 700w is enough to run a credit card that pays for my IT costs ( repairs, upgrades, etc ).  A small shop.

Drawing a wage you're gonna need a Minerscube 5 at least, but for top-ups to your main job I'd say we're still good.

It's just the last 1.5 weeks that have been crap.  Which means the next 1.5 weeks should be pretty good in theory ( according to the good Dr's graph ).


It was never gonna be big money.  But it's still some money.  Which is better than no money Wink




What kind of scam are you pimping? Minerscube 5? Never heard of it and certainly if it was legit, there'd be a lot of talk in the Hardware forum.


My good sir, check this baby out:

http://www.minersbox.com/index.php/products/minersbox-5

5TH/s for 825w.  Sexy huh?  Just need to find me 5 grand Wink


I would assume you know about these:

http://www.spondoolies-tech.com/products/sp30-yukon-september-batch-1

6TH/s for 2500w, so not as good as the cube.
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July 13, 2014, 03:15:43 PM
 #7000

It's just the last 1.5 weeks that have been crap.

Quote from: drharibo

Last 10 days we found 19 blocks, so 1.9 blocks per day. The average we can expect with our hashrate currently is 1.6 blocks per day. I wouldn't call 1.9 "crap". Or 1.72 blocks per day the last 11 days, which is still good. Depending on whether 1.5 weeks is 10 or 11 days.

Try not to focus only on the unlucky rounds. It will make you think you are having bad luck when you're actually being lucky.



Apologies, I was talking about blocks actually processed, not blocks found.  I'm counting the payments.

Although the fact we've found more than we've chewed through is certainly good news.  It means we won't go dark any time soon Smiley


Which means, naturally, I have just jinxed it Wink
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