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

[Ososober]

so what do you all do with your old usb miners, (the obsolete ones)?
or dont they become obsolete>?

[1715206461]

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[Minor Miner]

We really need to grow.   What is your plan to spur pool growth?

[Newar]

We really need to grow.   What is your plan to spur pool growth?

Just read one of dogies hardware guides and he posts settings for BTCG, Eligius and ghash. Maybe have a chat?

[SgtMoth]

We really need to grow.   What is your plan to spur pool growth?

Its hard to compete with a pool with no fees and mindless miners who dont know any better.

[21M Bitcoin]

interested stuff curious about a legit review . and seems like really good

[cenicsoft]

We really need to grow.   What is your plan to spur pool growth?

Do we really need to grow outside of keeping up with the percentage increase in difficulty?  I don't mind fewer blocks with larger payouts.  As long as we see a block every day or two, the smaller pool is fine with me.  I'm sure Doc would like to see if grow though since the bigger the pool, the more fees he collects.

[Minor Miner]

We really need to grow.   What is your plan to spur pool growth?

Do we really need to grow outside of keeping up with the percentage increase in difficulty?  I don't mind fewer blocks with larger payouts.  As long as we see a block every day or two, the smaller pool is fine with me.  I'm sure Doc would like to see if grow though since the bigger the pool, the more fees he collects.

2% of network would be fine.   But 1% is kind of tight.  Generally, it is where you stop solo mining.

[philipma1957]

We really need to grow.   What is your plan to spur pool growth?

Do we really need to grow outside of keeping up with the percentage increase in difficulty?  I don't mind fewer blocks with larger payouts.  As long as we see a block every day or two, the smaller pool is fine with me.  I'm sure Doc would like to see if grow though since the bigger the pool, the more fees he collects.

2% of network would be fine.   But 1% is kind of tight.  Generally, it is where you stop solo mining.

very difficult to encourage growth in this pool.

Doc is pretty honest pool op but the game has change a lot.

in house 4 or 5th is a home miner top end.  maybe 10th. for some of us.

In the winter I could run 20 s-3's  but that means A little more then I want in house.

So I have gear hosted. I can't handle variance too much stress.  So I use bigger pools

It is easy to use a 5% pool  say 10 blocks a day.  but a 1 percent pool 2 blocks a day .  is a bit harder to do. 3 bad days in a row can mean a lot for some of us.

[theweiss]

We really need to grow.   What is your plan to spur pool growth?

Do we really need to grow outside of keeping up with the percentage increase in difficulty?  I don't mind fewer blocks with larger payouts.  As long as we see a block every day or two, the smaller pool is fine with me.  I'm sure Doc would like to see if grow though since the bigger the pool, the more fees he collects.

2% of network would be fine.   But 1% is kind of tight.  Generally, it is where you stop solo mining.

very difficult to encourage growth in this pool.

Doc is pretty honest pool op but the game has change a lot.

in house 4 or 5th is a home miner top end.  maybe 10th. for some of us.

In the winter I could run 20 s-3's  but that means A little more then I want in house.

So I have gear hosted. I can't handle variance too much stress.  So I use bigger pools

It is easy to use a 5% pool  say 10 blocks a day.  but a 1 percent pool 2 blocks a day .  is a bit harder to do. 3 bad days in a row can mean a lot for some of us.

Are paying hosting fees, etc... daily?  Taken over a month or even a couple weeks your payout works our to about the same as any other pool.  The whole process is a little less fun when we have to wait a day or more for good news.  I miss the days of seeing multiple blocks per day but such is life.  If you need the money out of your mining Daily I guess a smaller pool could pose some problems.  Otherwise, I don't see the drawback.  Is there some other drawback that I'm not seeing?

so what do you all do with your old usb miners, (the obsolete ones)?
or dont they become obsolete>?

Most people sell them on Ebay or elsewhere just before they become completely obsolete.  I have also hear of a couple guys using them to solo mine.  In general, your odds of every hitting a block solo mining with old or older hardware is really really slim but maybe, just maybe, you might find a block that doesn't take a huge amount of work.  For guys that do this, its kind of like playing the lottery and hoping to hit it big, but knowing that they likely never will.

[theweiss]

Separate topic.... can anyone provide some advice for setting up a mining business in the US?  Since I'm paying all of this money in electricity and equipment it would make sense to form a business and claim the power costs and hardware purchases as business expenses.  My setup isn't huge - only 1.5 TH/s once my new S3's arrive - so we're not talking a ton of money.  Any advice of thoughts would be much appreciated.

[bcm2013]

so what do you all do with your old usb miners, (the obsolete ones)?
or dont they become obsolete>?

Believe it or not, I still have mine mining away on BitMinter!  They add around 9-10 gh/s to my total (~400 Gh/s) which is made up of a mishmash of equipment, including two S1's.  They were my first ASIC miners and got me started. 

Perhaps, one day, there will be some useful alt-coin using sha265 that I could point these to.

[oskuro]

almost 2 days lol really

[squall1066]

almost 2 days lol really

Yeah, Rough with the smooth  

If it goes longer than 2 days 4 hours and 55 min, It will be the longest block in over two months.

I keep trying to add power, I cant keep up with diff tho   but who can?

[theweiss]

Every time that I check the Live Stats and this block is still going I cry a little inside.  Fingers crossed that we crack it soon and see some green numbers in the latest blocks column immediately after!!!!!!

[bitwitt]

Just power cycled my miners and put my left and right shoes on the opposite feet.
  trying to change our luck.
 

[porkhang]

what a long block!

[Epoch]

Obviously no one has been wearing red underwear recently.

[neandertal74aus]

ok who broke it? 

60 hours and counting, did the difficulty tripple or something when i wasnt watching

[oskuro]

Really this is a nightmare. .... 

[squall1066]