frostamation
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Activity: 188
Merit: 10
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January 31, 2014, 12:06:40 AM |
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Just saw there is now a 72hour rentals,
New promotion for Frosta1 and Frosta2 rigs:
First person to rent either rig for 72hours will receive 6 free hours!
Other promotions still in place: 4 slots still open for the first 4 people to rent at 48 hours receive 4 free hours, and anyone who rents for 24hours receive 1 free hour.
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No Gods or Kings. Only Bitcoin
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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January 31, 2014, 12:30:18 AM |
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I haven't read whole thread to be honest..
So, what is the point of hiring these when you could buy coins at cheaper price than you pay for the rig hiring.
Only if you could pick any pool you want and eventually gamble on just announced coin that you still can't buy. Can you do that?
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frostamation
Member
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Activity: 188
Merit: 10
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January 31, 2014, 12:44:32 AM |
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I haven't read whole thread to be honest..
So, what is the point of hiring these when you could buy coins at cheaper price than you pay for the rig hiring.
Only if you could pick any pool you want and eventually gamble on just announced coin that you still can't buy. Can you do that?
Thats pretty much the point, (and yes you can pick whatever pool you want) risk a new coin or an existing coin, hope for it to rise, cash out without having to buy/sell or have equipment/maintenance to deal with. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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January 31, 2014, 12:46:11 AM |
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I haven't read whole thread to be honest..
So, what is the point of hiring these when you could buy coins at cheaper price than you pay for the rig hiring.
Only if you could pick any pool you want and eventually gamble on just announced coin that you still can't buy. Can you do that?
Thats pretty much the point, (and yes you can pick whatever pool you want) risk a new coin or an existing coin, hope for it to rise, cash out without having to buy/sell or have equipment/maintenance to deal with. That's good about new coins and it's actually only point that may pay of. I can buy any coin on exchange cheaper than what I'd get with hiring rig. |
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bitlynx
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January 31, 2014, 01:03:07 AM |
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<snip>
If you want an accurate estimate for the current day, ignore Immature/Unexchanged as they stay somewhat constant. Then calculate:
Balance * (Hours since last payout)
----------------------------------
Hash Rate * 24
Right now, that works out to be:
330 BTC * 20 hours
------------------- = 0.01297 BTC / day
21200 * 24 hours
It is not exact as it assumes all BTC is paid out each day (in reality, only about 90-95% is, the rest is small amounts less than 0.01 btc per miner), and that Immature/Unexchanged is constant and it can vary quite a bit on some days, particularly if the exchanges are running slowly.
</snip>
Excellent, thanks for the correction, Raveneye. I've updated the page - does this seem more accurate? http://home.digitolle.net/miner/middlecoin.php |
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raveneye
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January 31, 2014, 02:14:07 AM |
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<snip>
If you want an accurate estimate for the current day, ignore Immature/Unexchanged as they stay somewhat constant. Then calculate:
Balance * (Hours since last payout)
----------------------------------
Hash Rate * 24
</snip>
Excellent, thanks for the correction, Raveneye. I've updated the page - does this seem more accurate? http://home.digitolle.net/miner/middlecoin.phpIt looks better, but the real test will come in a few minutes when the payouts come and we can see for sure. |
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mpdas108
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January 31, 2014, 04:07:21 AM |
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Calculations should take into account immature and unexchanged, otherwise it will not be accurate. the math is rather simple and you still have it wrong on your page. But you will need ongoing data for it. for example: take a reading at the begining of the day(right after payout) of TOTAL including unexhcanged, immature, and balance, take that number and find the difference between the end of the day total(at payout) including unexchanged,immature, and balance. This will give you the number of actually mined value of coins that day. Then you can take the average of the pools hash rate from the beginning of the day to the end, so that the factor of new workers are taken into account.
Without stratehm.net history to give me exact number, the math for yesterday is about:
Yesterdays starting balance = (20BTC immature + 150BTC unexchanged + 18BTC balance) = 188BTC
Yesterdays ending balance = (18.57BTC immature + 160BTC unexchanged + 354.52BTC balance) = 533.09BTC
Total earnings yesterday = 345.09BTC
Average hashrate yesterday was approximately = 19,600Mh/s (using only accepted shares and rejects don't count)
345.09BTC / 19,600Mh/s = .0176 BTC/Mh/day
Now this is average earnings for the whole pool, actual individual earnings maybe more or less.
The process I just showed you is correct, but without the actual historical data from stratehm.net, this is only an estimation from the graph.
So if you leased your rig to somebody yesterday for higher than .018 BTC/Mh/day then you earned better than the average middlecoiner.
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ubastardz
Newbie
Offline
Activity: 5
Merit: 0
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January 31, 2014, 10:57:46 AM |
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can u add script jane?
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testthewhiterabbit
Newbie
Offline
Activity: 54
Merit: 0
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January 31, 2014, 12:55:11 PM |
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djeZo, a good feature for leasers is a mass price change. Right now if you want to change price on all the machines you have to do them each individually. What would be great is set the BTC/Mhs/day price, select the number of hours, and then apply to all miners.
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bitlynx
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January 31, 2014, 02:45:09 PM |
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<snip>
Calculations should take into account immature and unexchanged, otherwise it will not be accurate. the math is rather simple and you still have it wrong on your page. But you will need ongoing data for it. for example: take a reading at the begining of the day(right after payout) of TOTAL including unexhcanged, immature, and balance, take that number and find the difference between the end of the day total(at payout) including unexchanged,immature, and balance. This will give you the number of actually mined value of coins that day. Then you can take the average of the pools hash rate from the beginning of the day to the end, so that the factor of new workers are taken into account.
Without stratehm.net history to give me exact number, the math for yesterday is about:
Yesterdays starting balance = (20BTC immature + 150BTC unexchanged + 18BTC balance) = 188BTC
Yesterdays ending balance = (18.57BTC immature + 160BTC unexchanged + 354.52BTC balance) = 533.09BTC
Total earnings yesterday = 345.09BTC
Average hashrate yesterday was approximately = 19,600Mh/s (using only accepted shares and rejects don't count)
345.09BTC / 19,600Mh/s = .0176 BTC/Mh/day
</snip>
My formula was still off when I was done with it last night. It should be somewhat more accurate right now, according to raveneye's theory, although it's still not yet taking the unexchanged into account. It'd be really nice if Middlecoin had a json interface to get historical information on their overall system. djeZo, sorry I hijacked your thread, but with all this competition, we need to ensure we're not renting for too little!  |
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bitlynx
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January 31, 2014, 02:46:47 PM |
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djeZo, a good feature for leasers is a mass price change. Right now if you want to change price on all the machines you have to do them each individually. What would be great is set the BTC/Mhs/day price, select the number of hours, and then apply to all miners.
One of the things I prefer about Leaserig over the competition is that we can set individual prices for time spans. This allows us to give people incentive to lease for longer periods of time by making the BTC/MH/Day lower for the highest rental times and charge a "premium" fee for the smallest time spans. |
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Quacko
Newbie
Offline
Activity: 47
Merit: 0
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January 31, 2014, 03:40:45 PM |
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Is the issue already resolved where when cgminer is restarted that the correct pool (the one of the customer) is connected to again? And also his/her backup pools?
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kenshirothefist
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January 31, 2014, 04:45:37 PM |
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Quick question regarding pricing. And please, I would like to get some answers from actual users, who are renting their rigs and have already received payments.
Let me get this straight. Let's say I have a rig with a constant 5 Mh/s mining power. And I rent it for 0.02 BTC/MH/day. Somebody rent's it and uses is for one whole day (24h). So I will get
0.02 * 5 = 0.1 - 2% = 0.098 - 0.0001 tx = 0.0979 BTC
Is that correct? I would appreciate if someone who has actually been paid can confirm this.
BTW: Can I set the minimum amount of hours for rent, for example, 24h, so that my ring can't be rented for less then 24h? I see that Max lease time is currently 24 hours - so after 24 hours I have to wait for another user to rent my rig and meanwhile my rig can mine at my own pools?
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Quacko
Newbie
Offline
Activity: 47
Merit: 0
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January 31, 2014, 04:52:06 PM |
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Quick question regarding pricing. And please, I would like to get some answers from actual users, who are renting their rigs and have already received payments.
Let me get this straight. Let's say I have a rig with a constant 5 Mh/s mining power. And I rent it for 0.02 BTC/MH/day. Somebody rent's it and uses is for one whole day (24h). So I will get
0.02 * 5 = 0.1 - 2% = 0.098 - 0.0001 tx = 0.0979 BTC
Is that correct? I would appreciate if someone who has actually been paid can confirm this.
BTW: Can I set the minimum amount of hours for rent, for example, 24h, so that my ring can't be rented for less then 24h? I see that Max lease time is currently 24 hours - so after 24 hours I have to wait for another user to rent my rig and meanwhile my rig can mine at my own pools?
Just rented for my first 24h. That is correct indeed. |
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ad3000
Newbie
Offline
Activity: 24
Merit: 0
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January 31, 2014, 04:57:05 PM |
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Quick question regarding pricing. And please, I would like to get some answers from actual users, who are renting their rigs and have already received payments.
Let me get this straight. Let's say I have a rig with a constant 5 Mh/s mining power. And I rent it for 0.02 BTC/MH/day. Somebody rent's it and uses is for one whole day (24h). So I will get
0.02 * 5 = 0.1 - 2% = 0.098 - 0.0001 tx = 0.0979 BTC
Is that correct? I would appreciate if someone who has actually been paid can confirm this.
BTW: Can I set the minimum amount of hours for rent, for example, 24h, so that my ring can't be rented for less then 24h? I see that Max lease time is currently 24 hours - so after 24 hours I have to wait for another user to rent my rig and meanwhile my rig can mine at my own pools?
Just rented for my first 24h. That is correct indeed. And it immediately switched back to my pools upon lease expiration. The interface is clunky, but the functionality is great. I would love to have the ability to give 2 addresses to each miner, since I have redundant internet connections. While our rigs will continue to hash with effectively 100% connection stability, the control ability will be lost, and will affect the perceived connection stability on the site. |
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sowanted
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January 31, 2014, 05:51:36 PM |
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hello, I am using task scheduler for start cgminer.exe but if use this code "--api-groups P:switchpool:addpool:removepool:restart:save:* --api-listen --api-allow P:89.212.242.33 --api-port 2014" in my bat file. I saw error ( look at picture ) . when I try to normal open, click by mouse it works normal.  How I can fix this problem? |
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frostamation
Member
Offline
Activity: 188
Merit: 10
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January 31, 2014, 06:00:09 PM |
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hello,
I am using task scheduler for start cgminer.exe but if use this code "--api-groups P:switchpool:addpool:removepool:restart:save:* --api-listen --api-allow P:89.212.242.33 --api-port 2014" in my bat file. I saw error ( look at picture ) . when I try to normal open, click by mouse it works normal.
How I can fix this problem?
syntax error somewhere, i dont use .bat files i use.conf so i cant be for sure where it could be for you but i know whenever i forget a comma or anything it throws the same error and i have to go back and look to see where i missed whatever. |
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djeZo (OP)
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January 31, 2014, 06:04:22 PM |
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hello, I am using task scheduler for start cgminer.exe but if use this code "--api-groups P:switchpool:addpool:removepool:restart:save:* --api-listen --api-allow P:89.212.242.33 --api-port 2014" in my bat file. I saw error ( look at picture ) . when I try to normal open, click by mouse it works normal. How I can fix this problem? You need to define pool (either in command line or config). cgminer will not start without pool to mine on. Quick question regarding pricing. And please, I would like to get some answers from actual users, who are renting their rigs and have already received payments.
Let me get this straight. Let's say I have a rig with a constant 5 Mh/s mining power. And I rent it for 0.02 BTC/MH/day. Somebody rent's it and uses is for one whole day (24h). So I will get
0.02 * 5 = 0.1 - 2% = 0.098 - 0.0001 tx = 0.0979 BTC
Is that correct? I would appreciate if someone who has actually been paid can confirm this.
BTW: Can I set the minimum amount of hours for rent, for example, 24h, so that my ring can't be rented for less then 24h? I see that Max lease time is currently 24 hours - so after 24 hours I have to wait for another user to rent my rig and meanwhile my rig can mine at my own pools?
You define renting plans (hours + price) on your own. You can set (for example) plans like: 3 hours, 0.01 BTC 6 hours, 0.02 BTC 24 hours, 0.05 BTC Customer can only choose one plan and you immediately get payment when he clicks "Hire" button. |
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djeZo (OP)
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January 31, 2014, 06:05:01 PM |
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Is the issue already resolved where when cgminer is restarted that the correct pool (the one of the customer) is connected to again? And also his/her backup pools?
Enable save command and will work. |
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sowanted
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January 31, 2014, 06:31:21 PM |
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hello, I am using task scheduler for start cgminer.exe but if use this code "--api-groups P:switchpool:addpool:removepool:restart:save:* --api-listen --api-allow P:89.212.242.33 --api-port 2014" in my bat file. I saw error ( look at picture ) . when I try to normal open, click by mouse it works normal. How I can fix this problem? You need to define pool (either in command line or config). cgminer will not start without pool to mine on. Thank. I added pool command line, now it works well. Web site added pool the admin panel. I am doing this for power loses. if my pc restart from this reason. It will be start again my default pool so, the renter must change it? my rig is not rented now . cgminer started my default pool from command line not this " Default pool management" I think you can do something for this. |
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