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byt411
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May 21, 2014, 03:29:33 PM |
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Is X11 really that profitable? I wonder who is buying those shitcoins...
Price is getting pumped up, since shitty DarkCoin has a new fully anonymous feature, and its an algorithm that needs 11 proof of work methods, and saves more electricity and less heat.
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Ibistru
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May 21, 2014, 04:54:24 PM |
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Is X11 really that profitable? I wonder who is buying those shitcoins...
Price is getting pumped up, since shitty DarkCoin has a new fully anonymous feature, and its an algorithm that needs 11 proof of work methods, and saves more electricity and less heat. I have read about Darkcoin and its anonimity but I have heard that it has a huge premine... is that true? I believe that Dark Wallet will soon bring anonimity to Bitcoin too, that's a great news.
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suchmoon
Legendary
Offline
Activity: 4144
Merit: 9539
https://bpip.org
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May 21, 2014, 06:28:08 PM |
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Is X11 really that profitable? I wonder who is buying those shitcoins...
Price is getting pumped up, since shitty DarkCoin has a new fully anonymous feature, and its an algorithm that needs 11 proof of work methods, and saves more electricity and less heat. I have read about Darkcoin and its anonimity but I have heard that it has a huge premine... is that true? I believe that Dark Wallet will soon bring anonimity to Bitcoin too, that's a great news. They had a premine which they blamed on a bug in the difficulty adjustment code but the exchange rate is now high enough that everyone's willing to forget that. It doesn't change the fact though that the devs are arrogant pricks, forking left and right on short notice and releasing broken wallets.
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Ibistru
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May 21, 2014, 08:32:03 PM |
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I have read about Darkcoin and its anonimity but I have heard that it has a huge premine... is that true? I believe that Dark Wallet will soon bring anonimity to Bitcoin too, that's a great news.
They had a premine which they blamed on a bug in the difficulty adjustment code but the exchange rate is now high enough that everyone's willing to forget that. It doesn't change the fact though that the devs are arrogant pricks, forking left and right on short notice and releasing broken wallets. So it's true that they have a huge stash that they could dump in any moment? Well, I don't know, but it kinda sounds like the usual scam to me. I guess some people will be able to make good trading money with darkcoin and much more people will lose their money, but c'est la vie.
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byt411
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May 21, 2014, 08:34:54 PM |
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I have read about Darkcoin and its anonimity but I have heard that it has a huge premine... is that true? I believe that Dark Wallet will soon bring anonimity to Bitcoin too, that's a great news.
They had a premine which they blamed on a bug in the difficulty adjustment code but the exchange rate is now high enough that everyone's willing to forget that. It doesn't change the fact though that the devs are arrogant pricks, forking left and right on short notice and releasing broken wallets. So it's true that they have a huge stash that they could dump in any moment? Well, I don't know, but it kinda sounds like the usual scam to me. I guess some people will be able to make good trading money with darkcoin and much more people will lose their money, but c'est la vie. It is a scam, and their anonymity feature can easily be implemented into Bitcoin.
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Androidicus
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May 21, 2014, 08:38:17 PM |
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Mmm... general comment
Look at the last 30 days profitability:
2014-04-21 0.00689 BTC / Mhs Per Day with LTC at 0.00483 BTC / Mhs Per Day ( Great!)
Steady decline of LTC to 0.00288 BTC / Mhs / Day with Pool profitability struggling to stay above it (albeit with some nice peaks along the way) at 0.00303 BTC / Mhs / Day with preceeding 4 days below LTC
Now I absolutely love CM, the concept, the stats, simplicity etc. But fearing next 30 days will see LTC sub 0.002 and the 'Dry Altcoin Market' prevailing...
Not FUD - I have been so near to investing in a number of ASICs direct from China but keep holding back! Last week I had convinced myself of ROI in around 3 -4 months but now?
Great to see BTC climbing a big wall in past 24 hours with a significant pump but I wonder how much this will help the Altcoin market and the multi-switching-pools generally?
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Failure is success waiting to happen...
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byt411
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May 21, 2014, 08:40:17 PM |
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Mmm... general comment
Look at the last 30 days profitability:
2014-04-21 0.00689 BTC / Mhs Per Day with LTC at 0.00483 BTC / Mhs Per Day ( Great!)
Steady decline of LTC to 0.00288 BTC / Mhs / Day with Pool profitability struggling to stay above it (albeit with some nice peaks along the way) at 0.00303 BTC / Mhs / Day with preceeding 4 days below LTC
Now I absolutely love CM, the concept, the stats, simplicity etc. But fearing next 30 days will see LTC sub 0.002 and the 'Dry Altcoin Market' prevailing...
Not FUD - I have been so near to investing in a number of ASICs direct from China but keep holding back! Last week I had convinced myself of ROI in around 3 -4 months but now?
Great to see BTC climbing a big wall in past 24 hours with a significant pump but I wonder how much this will help the Altcoin market and the multi-switching-pools generally?
Where are you getting 0.00689/MHs/Day??? BTC is going up, so ROI should go down a bit. Coin price will hopefully stay the same or go up.
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XxEnigmaticxX
Newbie
Offline
Activity: 27
Merit: 0
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May 21, 2014, 08:50:25 PM |
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so i might be wrong here, but im pushing ~14mh/s and all day the readout is reading between 10 and 12.5, why is that. seems like a huge difference. like right now it says im pushing 9.5 but im seeing 14mh.s total output from my machines
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Androidicus
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May 21, 2014, 08:51:28 PM |
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Mmm... general comment
Look at the last 30 days profitability:
2014-04-21 0.00689 BTC / Mhs Per Day with LTC at 0.00483 BTC / Mhs Per Day ( Great!)
Steady decline of LTC to 0.00288 BTC / Mhs / Day with Pool profitability struggling to stay above it (albeit with some nice peaks along the way) at 0.00303 BTC / Mhs / Day with preceeding 4 days below LTC
Now I absolutely love CM, the concept, the stats, simplicity etc. But fearing next 30 days will see LTC sub 0.002 and the 'Dry Altcoin Market' prevailing...
Not FUD - I have been so near to investing in a number of ASICs direct from China but keep holding back! Last week I had convinced myself of ROI in around 3 -4 months but now?
Great to see BTC climbing a big wall in past 24 hours with a significant pump but I wonder how much this will help the Altcoin market and the multi-switching-pools generally?
Where are you getting 0.00689/MHs/Day??? BTC is going up, so ROI should go down a bit. Coin price will hopefully stay the same or go up. CM Profitability was 0.00689 BTC / Mhs / Day on 21st April 2014 per their 'Last 30 Day Profitability' chart.
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Failure is success waiting to happen...
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byt411
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May 21, 2014, 08:52:50 PM |
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Mmm... general comment
Look at the last 30 days profitability:
2014-04-21 0.00689 BTC / Mhs Per Day with LTC at 0.00483 BTC / Mhs Per Day ( Great!)
Steady decline of LTC to 0.00288 BTC / Mhs / Day with Pool profitability struggling to stay above it (albeit with some nice peaks along the way) at 0.00303 BTC / Mhs / Day with preceeding 4 days below LTC
Now I absolutely love CM, the concept, the stats, simplicity etc. But fearing next 30 days will see LTC sub 0.002 and the 'Dry Altcoin Market' prevailing...
Not FUD - I have been so near to investing in a number of ASICs direct from China but keep holding back! Last week I had convinced myself of ROI in around 3 -4 months but now?
Great to see BTC climbing a big wall in past 24 hours with a significant pump but I wonder how much this will help the Altcoin market and the multi-switching-pools generally?
Where are you getting 0.00689/MHs/Day??? BTC is going up, so ROI should go down a bit. Coin price will hopefully stay the same or go up. CM Profitability was 0.00689 BTC / Mhs / Day on 21st April 2014 per their 'Last 30 Day Profitability' chart. Oh. Well, when CM was in beta, we had 0.015 BTC/MHs/Day. Huge decline, i'd say.
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suchmoon
Legendary
Offline
Activity: 4144
Merit: 9539
https://bpip.org
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May 21, 2014, 08:53:39 PM |
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I have read about Darkcoin and its anonimity but I have heard that it has a huge premine... is that true? I believe that Dark Wallet will soon bring anonimity to Bitcoin too, that's a great news.
They had a premine which they blamed on a bug in the difficulty adjustment code but the exchange rate is now high enough that everyone's willing to forget that. It doesn't change the fact though that the devs are arrogant pricks, forking left and right on short notice and releasing broken wallets. So it's true that they have a huge stash that they could dump in any moment? Well, I don't know, but it kinda sounds like the usual scam to me. I guess some people will be able to make good trading money with darkcoin and much more people will lose their money, but c'est la vie. I don't know who owns the stash, haven't been following it that closely, just looked at the whole mess recently when they forked up my wallets. There is a FAQ that reads like the usual sob story of a shitcoin: http://wiki.darkcoin.eu/wiki/FAQ#I_read_somone_who_wrote_that_50.25_of_the_coins_in_circulation_are_owned_by_the_devsSo they either need to come clean with this premine/instamine crap or at least stop acting like 3-year-olds in a sandbox, which is actually unfair to 3-year-olds most of whom are more mature than coindevs around here. But yeah, I still think nobody cares as long as the pumping is good  .
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Androidicus
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May 21, 2014, 08:56:39 PM |
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Mmm... general comment
Look at the last 30 days profitability:
2014-04-21 0.00689 BTC / Mhs Per Day with LTC at 0.00483 BTC / Mhs Per Day ( Great!)
Steady decline of LTC to 0.00288 BTC / Mhs / Day with Pool profitability struggling to stay above it (albeit with some nice peaks along the way) at 0.00303 BTC / Mhs / Day with preceeding 4 days below LTC
Now I absolutely love CM, the concept, the stats, simplicity etc. But fearing next 30 days will see LTC sub 0.002 and the 'Dry Altcoin Market' prevailing...
Not FUD - I have been so near to investing in a number of ASICs direct from China but keep holding back! Last week I had convinced myself of ROI in around 3 -4 months but now?
Great to see BTC climbing a big wall in past 24 hours with a significant pump but I wonder how much this will help the Altcoin market and the multi-switching-pools generally?
Where are you getting 0.00689/MHs/Day??? BTC is going up, so ROI should go down a bit. Coin price will hopefully stay the same or go up. CM Profitability was 0.00689 BTC / Mhs / Day on 21st April 2014 per their 'Last 30 Day Profitability' chart. Oh. Well, when CM was in beta, we had 0.015 BTC/MHs/Day. Huge decline, i'd say. Unfortunately so! Still - I will keep plugging away!
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Failure is success waiting to happen...
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edonkey
Legendary
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Activity: 1150
Merit: 1004
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May 21, 2014, 10:02:41 PM |
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Just a general question.... Is everyone currently mining here on ASICs? Or are there still some die-hard GPU hold outs?  I only have scrypt ASICs pointed at this pool. I have a small amount of GPU and CPU hash power pointed at other pools, mostly for experimental purposes.
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Was I helpful? BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
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mm96817
Newbie
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Activity: 7
Merit: 0
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May 22, 2014, 12:16:36 AM |
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I've been mining with clever for 12 hours now. My only concern is with my hash rate. I have 2 blades with cgminer running at 10.8mhs average for the last 12 hours (i run in verbose log mode with every 5 second hardware summaries, scrape the logs, and do the stats) with very few hardware errors and reject rates that are lower than the pool average. According to my user stats, it says I've done only 5.3mhs in the past hour and 6.9mhs in the past 24 hours (I'm assuming it knows I've been on for only 12 hours). From past mining experience and my own research, I'm pretty sure my blades are doing what cgminer says its doing. So the big question is why are my reported hash rates so low (less than half)? I searched the forum for "low hash rate" and it seems like everyone is instead concerned about high reject rates so if I'm repeating someone else's concern, I apologize and ask that you point me to the right reply. Thanks in advance.
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suchmoon
Legendary
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Activity: 4144
Merit: 9539
https://bpip.org
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May 22, 2014, 12:46:04 AM |
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I've been mining with clever for 12 hours now. My only concern is with my hash rate. I have 2 blades with cgminer running at 10.8mhs average for the last 12 hours (i run in verbose log mode with every 5 second hardware summaries, scrape the logs, and do the stats) with very few hardware errors and reject rates that are lower than the pool average. According to my user stats, it says I've done only 5.3mhs in the past hour and 6.9mhs in the past 24 hours (I'm assuming it knows I've been on for only 12 hours). From past mining experience and my own research, I'm pretty sure my blades are doing what cgminer says its doing. So the big question is why are my reported hash rates so low (less than half)? I searched the forum for "low hash rate" and it seems like everyone is instead concerned about high reject rates so if I'm repeating someone else's concern, I apologize and ask that you point me to the right reply. Thanks in advance.
Take your cgminer "A:" shares and do this: A * 65536 / T where T is the number of seconds cgminer was running ("Device Elapsed" from the API, or just use the number of hours times 3600) Is that any closer to 10 MH/s?
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mm96817
Newbie
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Activity: 7
Merit: 0
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May 22, 2014, 12:59:17 AM |
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Thanks suchmoon for the response. A=3908096/T=361680=10.8. Yup. Right on the money; 10.8mhs exactly what cgminer is reporting. What does anyone suggest to do next? Give it more time? I've been mining with clever for 12 hours now. My only concern is with my hash rate. I have 2 blades with cgminer running at 10.8mhs average for the last 12 hours (i run in verbose log mode with every 5 second hardware summaries, scrape the logs, and do the stats) with very few hardware errors and reject rates that are lower than the pool average. According to my user stats, it says I've done only 5.3mhs in the past hour and 6.9mhs in the past 24 hours (I'm assuming it knows I've been on for only 12 hours). From past mining experience and my own research, I'm pretty sure my blades are doing what cgminer says its doing. So the big question is why are my reported hash rates so low (less than half)? I searched the forum for "low hash rate" and it seems like everyone is instead concerned about high reject rates so if I'm repeating someone else's concern, I apologize and ask that you point me to the right reply. Thanks in advance.
Take your cgminer "A:" shares and do this: A * 65536 / T where T is the number of seconds cgminer was running ("Device Elapsed" from the API, or just use the number of hours times 3600) Is that any closer to 10 MH/s?
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suchmoon
Legendary
Offline
Activity: 4144
Merit: 9539
https://bpip.org
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May 22, 2014, 01:07:37 AM |
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Thanks suchmoon for the response. A=3908096/T=361680=10.8. Yup. Right on the money; 10.8mhs exactly what cgminer is reporting. What does anyone suggest to do next? Give it more time?
Not sure now, I was kind of expecting it to be closer to CM numbers :-) Can you check if you mined at CM all the time, no backup pools involved? What does your 24-hour hashrate chart show?
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mm96817
Newbie
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Activity: 7
Merit: 0
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May 22, 2014, 01:32:19 AM |
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Thanks suchmoon for the response. A=3908096/T=361680=10.8. Yup. Right on the money; 10.8mhs exactly what cgminer is reporting. What does anyone suggest to do next? Give it more time?
Not sure now, I was kind of expecting it to be closer to CM numbers :-) Can you check if you mined at CM all the time, no backup pools involved? What does your 24-hour hashrate chart show? Good points. I've been on the CM pool for the full 10hr.28min duration (no pool switches) and there was no downtime I could see (summary polled every 5 seconds). The 24hr CM hash chart just came to life and it says I peaked out at 9.07 (which is close enough) during the 1st hour. The 2nd-5th hours dropped and peeked out at 7.6, and the final 3 hours are in the 5.1-5.8 range. The 9th-10th hours are not on the chart yet. In my cgminer log, I've been a constant 10.8 throughout the 10.5 hour range. I think it needs more time?
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suchmoon
Legendary
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Activity: 4144
Merit: 9539
https://bpip.org
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May 22, 2014, 02:31:50 AM |
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Thanks suchmoon for the response. A=3908096/T=361680=10.8. Yup. Right on the money; 10.8mhs exactly what cgminer is reporting. What does anyone suggest to do next? Give it more time?
Not sure now, I was kind of expecting it to be closer to CM numbers :-) Can you check if you mined at CM all the time, no backup pools involved? What does your 24-hour hashrate chart show? Good points. I've been on the CM pool for the full 10hr.28min duration (no pool switches) and there was no downtime I could see (summary polled every 5 seconds). The 24hr CM hash chart just came to life and it says I peaked out at 9.07 (which is close enough) during the 1st hour. The 2nd-5th hours dropped and peeked out at 7.6, and the final 3 hours are in the 5.1-5.8 range. The 9th-10th hours are not on the chart yet. In my cgminer log, I've been a constant 10.8 throughout the 10.5 hour range. I think it needs more time? Let's go back to that formula. How did you get the T=361680? It doesn't add up to 10.5 hours for me. It should be ~37800 and with that I get A * 65536 / T = 3908096 * 65536 / 37800 = 6775687 = ~6.8 MH/s How is temperature around blades? Power supplies ok? Any USB errors in system logs?
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mm96817
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May 22, 2014, 03:14:44 AM Last edit: May 22, 2014, 04:28:50 AM by mm96817 |
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Thanks suchmoon for the response. A=3908096/T=361680=10.8. Yup. Right on the money; 10.8mhs exactly what cgminer is reporting. What does anyone suggest to do next? Give it more time?
Not sure now, I was kind of expecting it to be closer to CM numbers :-) Can you check if you mined at CM all the time, no backup pools involved? What does your 24-hour hashrate chart show? Good points. I've been on the CM pool for the full 10hr.28min duration (no pool switches) and there was no downtime I could see (summary polled every 5 seconds). The 24hr CM hash chart just came to life and it says I peaked out at 9.07 (which is close enough) during the 1st hour. The 2nd-5th hours dropped and peeked out at 7.6, and the final 3 hours are in the 5.1-5.8 range. The 9th-10th hours are not on the chart yet. In my cgminer log, I've been a constant 10.8 throughout the 10.5 hour range. I think it needs more time? Let's go back to that formula. How did you get the T=361680? It doesn't add up to 10.5 hours for me. It should be ~37800 and with that I get A * 65536 / T = 3908096 * 65536 / 37800 = 6775687 = ~6.8 MH/s How is temperature around blades? Power supplies ok? Any USB errors in system logs? Regarding T=361680. You're so right. 10hrs * 3600 = 360000 (oops should be 36000) + 28 mins * 60 = 1680. Total 37680 seconds. Geez the original 361680 gave me the magic number I was looking for that I did not even double check the math. How coincidental is that? Furthermore, I did not even multiply A * 65536. What a brain fart on my part. With the given correct number of seconds and using your formula A * 65536 / T, the new number is 3908096*65536/37680=6797265.909 or 6.8mhs. You've got it. Is that suppose to be an average of something? Or is that how CM computes mhs at any given time? My 2 blades run cool at the touch even around the voltage regulators. I've got it clocked conservatively at 800mhz. No usb errors ever in the system logs since I got them a little over a week ago. And the first (and last) week on weminerltc, they ran at a steady 10-10.5mhs on their charts. The 9th and 10th hour just came in at 5.41 and 5.24. And the Last Hour Hashrate right now is 5.2mhs. cgminer is still rocking at 10.8mhs. I'm not sure what's going on. Could you explain your formula a bit more? Thanks much for the input. Edit: I think I know what's going on. Since the formula for the hash rate is based on accepted shares, all 4 of my blade boards had the proper hash rate, BUT 2 of them did not have the proper wu rates which led to improper accepted rates. ahha. I decided to reset the system and give it another whirl. So far so good. All 4 boards are logging expected numbers. Hopefully, the numbers will reconcile with CM's hash rate. Thanks again for the road map and interesting conversation.
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