illodin
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February 09, 2014, 07:17:37 PM |
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Pool admin should kick him out and make him spread the hashes to multiple pools.
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blaaaaacksuit
Sr. Member
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Activity: 280
Merit: 250
Who cares?
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February 09, 2014, 07:25:45 PM |
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Whale reduced his MH in half, which he wouldnt do if he had GPU. Current difficulty is 6 times worse. I think he has access to server farm with >5000 servers. Maybe just using idle time to mine. Mining cost is around 25 to 50 cents each, an I think he mined around 50,000 coins. Significant, but there was 10 BTC buy order last night, so 50K DRK isn't so much more than demand at current prices.
My guess is that the whale believes in this coin and didn't want to boost the price with open market order. Maybe determined that it was cheaper to buy server time than to buy in open market.
I am a dolphin, "only" 350 servers, and I came to same conclusion. I had to reduce output to idle time at current difficulty.
James
What CPU type are you using dolphin? What kind of hash rate do you get from something like that? Always been curious. Do you rent them out or just have access to them through a university? dual Intel Xeon's, various models. About 70% doing minerd. Approx 4000 cores mining on servers got to 100 MH. So around 25kH/core. Is that the same as desktops? I'm managing farm for a guy that somehow has all these servers, so cost is probably close to electricity costs of $30/mo per server, anybody renting or amazon ec2 cant come close to this. I just need to find best ROI for CPUs and unfortunately didn't know about DRK until yesterday. It seems that breakeven for server rental is around difficulty of 40, at 100 I am not even recouping the cost of electricity. I tried to balance out the 2000MH whale, but all I was able to do was generate a few blocks for the pool I am in. If we can get more hashrate to CHAOSiTEC's pool, it could make it worthwhile for me to get back to 100MH. The problem when going up against the whale is he eats all the blocks dramatically reducing actual blocks generated, unless you hit lucky streak. I didn't want to join the pool with the whale even though it would have boosted my output, its just wrong to make things so lopsided. bad for coin. bad for other pools. Hey, big blue whale, at least balance your MH across all the pools! James With my FX-8320 I get about 46khash per core, I'm glad the whale didn't kill his servers entirely, seems like he's helping to get us back down to lower diff. The question is will he turn his power back full blast after we reach 50ish diff again.
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CHAOSiTEC
Legendary
Offline
Activity: 1358
Merit: 1002
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February 09, 2014, 07:27:03 PM |
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Whale reduced his MH in half, which he wouldnt do if he had GPU. Current difficulty is 6 times worse. I think he has access to server farm with >5000 servers. Maybe just using idle time to mine. Mining cost is around 25 to 50 cents each, an I think he mined around 50,000 coins. Significant, but there was 10 BTC buy order last night, so 50K DRK isn't so much more than demand at current prices.
My guess is that the whale believes in this coin and didn't want to boost the price with open market order. Maybe determined that it was cheaper to buy server time than to buy in open market.
I am a dolphin, "only" 350 servers, and I came to same conclusion. I had to reduce output to idle time at current difficulty.
James
What CPU type are you using dolphin? What kind of hash rate do you get from something like that? Always been curious. Do you rent them out or just have access to them through a university? dual Intel Xeon's, various models. About 70% doing minerd. Approx 4000 cores mining on servers got to 100 MH. So around 25kH/core. Is that the same as desktops? I'm managing farm for a guy that somehow has all these servers, so cost is probably close to electricity costs of $30/mo per server, anybody renting or amazon ec2 cant come close to this. I just need to find best ROI for CPUs and unfortunately didn't know about DRK until yesterday. It seems that breakeven for server rental is around difficulty of 40, at 100 I am not even recouping the cost of electricity. I tried to balance out the 2000MH whale, but all I was able to do was generate a few blocks for the pool I am in. If we can get more hashrate to CHAOSiTEC's pool, it could make it worthwhile for me to get back to 100MH. The problem when going up against the whale is he eats all the blocks dramatically reducing actual blocks generated, unless you hit lucky streak. I didn't want to join the pool with the whale even though it would have boosted my output, its just wrong to make things so lopsided. bad for coin. bad for other pools. Hey, big blue whale, at least balance your MH across all the pools! James the only way to have a chance of this is by everyone pool together...
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seoken
Newbie
Offline
Activity: 52
Merit: 0
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February 09, 2014, 07:27:57 PM |
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Brilliantrocket he is a liar. You don't believe him! Lied to my 1M MINT
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blaaaaacksuit
Sr. Member
Offline
Activity: 280
Merit: 250
Who cares?
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February 09, 2014, 07:29:41 PM |
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Brilliantrocket he is a liar. You don't believe him! Lied to my 1M MINT
Say what?
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seoken
Newbie
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Activity: 52
Merit: 0
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February 09, 2014, 07:31:04 PM |
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Brilliantrocket he is a liar. You don't believe him! Lied to my 1M MINT
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jl777
Legendary
Offline
Activity: 1176
Merit: 1134
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February 09, 2014, 07:37:38 PM |
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Whale reduced his MH in half, which he wouldnt do if he had GPU. Current difficulty is 6 times worse. I think he has access to server farm with >5000 servers. Maybe just using idle time to mine. Mining cost is around 25 to 50 cents each, an I think he mined around 50,000 coins. Significant, but there was 10 BTC buy order last night, so 50K DRK isn't so much more than demand at current prices.
My guess is that the whale believes in this coin and didn't want to boost the price with open market order. Maybe determined that it was cheaper to buy server time than to buy in open market.
I am a dolphin, "only" 350 servers, and I came to same conclusion. I had to reduce output to idle time at current difficulty.
James
What CPU type are you using dolphin? What kind of hash rate do you get from something like that? Always been curious. Do you rent them out or just have access to them through a university? dual Intel Xeon's, various models. About 70% doing minerd. Approx 4000 cores mining on servers got to 100 MH. So around 25kH/core. Is that the same as desktops? I'm managing farm for a guy that somehow has all these servers, so cost is probably close to electricity costs of $30/mo per server, anybody renting or amazon ec2 cant come close to this. I just need to find best ROI for CPUs and unfortunately didn't know about DRK until yesterday. It seems that breakeven for server rental is around difficulty of 40, at 100 I am not even recouping the cost of electricity. I tried to balance out the 2000MH whale, but all I was able to do was generate a few blocks for the pool I am in. If we can get more hashrate to CHAOSiTEC's pool, it could make it worthwhile for me to get back to 100MH. The problem when going up against the whale is he eats all the blocks dramatically reducing actual blocks generated, unless you hit lucky streak. I didn't want to join the pool with the whale even though it would have boosted my output, its just wrong to make things so lopsided. bad for coin. bad for other pools. Hey, big blue whale, at least balance your MH across all the pools! James With my FX-8320 I get about 46khash per core, I'm glad the whale didn't kill his servers entirely, seems like he's helping to get us back down to lower diff. The question is will he turn his power back full blast after we reach 50ish diff again. yes
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jl777
Legendary
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Activity: 1176
Merit: 1134
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February 09, 2014, 07:45:21 PM |
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If anybody knows of a decent coin to CPU mine that I dont know about, PM me.
I will tip 1% of what I mine as finders fee.
So, if you can find a good coin, it would be like having 3 dedicated servers mining it for you, just for being the first to let me know about it. With so many new coins coming out all the time, I cant fully research them all anymore.
James
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ATScuba
Newbie
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Activity: 21
Merit: 0
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February 09, 2014, 07:51:34 PM |
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I got a free account with microsoft and a free 30 day trial of azure - allows me to run 20 cores (each gets about 33kh/s) and point them at my pool - If a number of others can jump on this then perhaps we could generate some kh/s to offset this whale?
I realize that it will take alot of folks at 660kh/s - but it is something - and it only took me about 30 min to set up...
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blaaaaacksuit
Sr. Member
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Activity: 280
Merit: 250
Who cares?
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February 09, 2014, 07:53:45 PM |
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If anybody knows of a decent coin to CPU mine that I dont know about, PM me.
I will tip 1% of what I mine as finders fee.
So, if you can find a good coin, it would be like having 3 dedicated servers mining it for you, just for being the first to let me know about it. With so many new coins coming out all the time, I cant fully research them all anymore.
James
Mol might still be worth mining, especially with your hashrate. Not sure about it though, it's a pain to cash them out but it can be done, I know for sure. Mine mol, sign up with guogao.com trade mol for frozen coin on that exchange. Then transfer frozen coin to coinedup and cash out into BTC. Edit: Guogao.com seems to be down for the next few days, wouldnt be the first time.
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deerough
Newbie
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Activity: 25
Merit: 0
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February 09, 2014, 08:01:20 PM |
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I got a free account with microsoft and a free 30 day trial of azure - allows me to run 20 cores (each gets about 33kh/s) and point them at my pool - If a number of others can jump on this then perhaps we could generate some kh/s to offset this whale?
I realize that it will take alot of folks at 660kh/s - but it is something - and it only took me about 30 min to set up...
I may be mistaken, but that Azure free 1 month trial is $200 credit to use up to one month. If you have 20 cores, sounds like you will burn through the $200 monthly credit very quickly.
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CHAOSiTEC
Legendary
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Activity: 1358
Merit: 1002
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February 09, 2014, 08:02:26 PM |
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I got a free account with microsoft and a free 30 day trial of azure - allows me to run 20 cores (each gets about 33kh/s) and point them at my pool - If a number of others can jump on this then perhaps we could generate some kh/s to offset this whale?
I realize that it will take alot of folks at 660kh/s - but it is something - and it only took me about 30 min to set up...
use your trial for later, why not get a decent value in return...
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node-vps.com - Tron / Masternode hosting services
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blaaaaacksuit
Sr. Member
Offline
Activity: 280
Merit: 250
Who cares?
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February 09, 2014, 08:03:46 PM |
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I got a free account with microsoft and a free 30 day trial of azure - allows me to run 20 cores (each gets about 33kh/s) and point them at my pool - If a number of others can jump on this then perhaps we could generate some kh/s to offset this whale?
I realize that it will take alot of folks at 660kh/s - but it is something - and it only took me about 30 min to set up...
I may be mistaken, but that Azure free 1 month trial is $200 credit to use up to one month. If you have 20 cores, sounds like you will burn through the $200 monthly credit very quickly. About four days of continuous use at 20 cores.
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blaaaaacksuit
Sr. Member
Offline
Activity: 280
Merit: 250
Who cares?
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February 09, 2014, 08:08:40 PM |
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The whale is down to under 400 mhash now.
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jl777
Legendary
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Activity: 1176
Merit: 1134
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February 09, 2014, 08:08:55 PM |
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I got a free account with microsoft and a free 30 day trial of azure - allows me to run 20 cores (each gets about 33kh/s) and point them at my pool - If a number of others can jump on this then perhaps we could generate some kh/s to offset this whale?
I realize that it will take alot of folks at 660kh/s - but it is something - and it only took me about 30 min to set up...
I may be mistaken, but that Azure free 1 month trial is $200 credit to use up to one month. If you have 20 cores, sounds like you will burn through the $200 monthly credit very quickly. About four days of continuous use at 20 cores. Even at this reduced rate, whale is using ~30000 cores, would need 1000+ people to Azure. At least whale isnt being totally antisocial, if he was a true raper, he would be totally gone now and wait a week to come back. Maybe he calculates more profits with this method or maybe he REALLY likes this coin? Edit: Hmmm, maybe he is a raper and just woke up and realized he was losing money. Now it will take forever to finish this round.
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blaaaaacksuit
Sr. Member
Offline
Activity: 280
Merit: 250
Who cares?
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February 09, 2014, 08:13:44 PM |
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I got a free account with microsoft and a free 30 day trial of azure - allows me to run 20 cores (each gets about 33kh/s) and point them at my pool - If a number of others can jump on this then perhaps we could generate some kh/s to offset this whale?
I realize that it will take alot of folks at 660kh/s - but it is something - and it only took me about 30 min to set up...
I may be mistaken, but that Azure free 1 month trial is $200 credit to use up to one month. If you have 20 cores, sounds like you will burn through the $200 monthly credit very quickly. About four days of continuous use at 20 cores. Even at this reduced rate, whale is using ~30000 cores, would need 1000+ people to Azure. At least whale isnt being totally antisocial, if he was a true raper, he would be totally gone now and wait a week to come back. Maybe he calculates more profits with this method or maybe he REALLY likes this coin? Edit: Hmmm, maybe he is a raper and just woke up and realized he was losing money. Now it will take forever to finish this round. Something tells me he optimized minerd as well. I remember in the quark days CPU hash rate was around 40khash for quite some time before someone found a way to get in into the 80-90 khash per core range. I don't see why the same thing couldn't be done with these new hashing algorithms.
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jl777
Legendary
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Activity: 1176
Merit: 1134
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February 09, 2014, 08:15:20 PM |
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Whale's MH at coinmine.pl is dropping to zero, but total network MH is unchanged at 1500?! Is the network MH number just wrong, or did the whale just switch to other pools or solomine?
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blaaaaacksuit
Sr. Member
Offline
Activity: 280
Merit: 250
Who cares?
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February 09, 2014, 08:18:22 PM |
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Whale's MH at coinmine.pl is dropping to zero, but total network MH is unchanged at 1500?! Is the network MH number just wrong, or did the whale just switch to other pools or solomine?
I was just thinking about that, I'd say solo, or theres a chinese pool we dont know about. If he goes solo hes protected from someone ddosing the pool hes mining at.
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jl777
Legendary
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Activity: 1176
Merit: 1134
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February 09, 2014, 08:34:34 PM |
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Whale's MH at coinmine.pl is dropping to zero, but total network MH is unchanged at 1500?! Is the network MH number just wrong, or did the whale just switch to other pools or solomine?
I was just thinking about that, I'd say solo, or theres a chinese pool we dont know about. If he goes solo hes protected from someone ddosing the pool hes mining at. I was hoping Monday in China meant computers had to be released to students at univ. Since he moved 800MH without changing overall network MH, it means he is here to stay and going solo. This actually might be good news as it means he is helping us reach the lower diff faster. Hopefully, he will keep it at 800MH. Wait! Now that he is solo mining, isnt a 51% attack that much easier for him to do??? He is doing (total MH) - (sum of all pools MH) = ~70% of all blocks. He can easily generate longest chain, at least nowhere to spend it other than exchanges. Whats worse is by using 33% selfish mining technique, he can always stay just ahead of the rest of us and get a disproportional share of blocks, eg. even more than 70%. The way he is managing his MH, it almost seems like he is throttling it not due to cost, but just trying to stay above 50%. James
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CHAOSiTEC
Legendary
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Activity: 1358
Merit: 1002
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February 09, 2014, 08:34:56 PM |
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Whale's MH at coinmine.pl is dropping to zero, but total network MH is unchanged at 1500?! Is the network MH number just wrong, or did the whale just switch to other pools or solomine?
I was just thinking about that, I'd say solo, or theres a chinese pool we dont know about. If he goes solo hes protected from someone ddosing the pool hes mining at. it takes a while for the network to realise the change
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