[CLOSED] Ninja Group Buy #5 - QTY 8 Gridseed LA6M 48Mhash Scrypt [0/160]

[MWNinja]

Well be hashing starting tomorrow when I pick them up and get them configured.  Ghash autopayout keeps complaining about payout addresses, so it looks like it's not going to work anyways. I'm open to using any multi-pool, leasing, anything to get us the best return. 

[Flep182]

Well be hashing starting tomorrow when I pick them up and get them configured.  Ghash autopayout keeps complaining about payout addresses, so it looks like it's not going to work anyways. I'm open to using any multi-pool, leasing, anything to get us the best return.  

Multipool Scrypt I'd go for:

1. Nicehash (with diff set at 256) (with minimum payout to the payout on LTC * 1,2)
2. Clevermining (with diff set at 256)

For SHA256 I'd go for this:

1. Nicehash (with minimum payout to the "average" payout on 1 Th in BTC * 1,05)
2. GHash.io

Since you're in the US you'd be better off with WestHash I think, same system.

Minimum payout refers to the payout per hash that the market at that point gives, if it drops under that it kicks your miner off and lets it drop to the failover pool. Once the payout pops up above your set minimum you'll be mining nicehash again automatically.

Regarding the average payout on BTC, I fill in 1 Th here: https://bitcoinwisdom.com/bitcoin/difficulty (atm 0.02109) so you'd end up with a minimum wanted payout of 0,0221445 BTC per Th/day.
LTC same thing, Nicehash pops up and down a bit throughout the day, I keep my miners there when it's about 110/120% above regular LTC levels.

I on average update those minimum levels every week to one and a half week, at least when there is a BTC difficulty change or a bit jump with LTC.

I don't mind getting paid every two weeks if that makes it a lot easier for you from a bookkeeping point of view, higher would be a bit too long though.

[lynn_402]

For SHA256 I'd go for this:

1. Nicehash (with minimum payout to the "average" payout on 1 Th in BTC * 1,05)
2. GHash.io

Can we please stay away from Ghash for Sha though? Let's not allow them to get near 50% of the network again.

[daemonfox]

For SHA256 I'd go for this:

1. Nicehash (with minimum payout to the "average" payout on 1 Th in BTC * 1,05)
2. GHash.io

Can we please stay away from Ghash for Sha though? Let's not allow them to get near 50% of the network again.

You're joking right? I think we are well past any chance of that happening again so easily... sitting close to 200 PH on the network now... and Ghash hasn't surpassed 56 PH with current nearer 46 PH... they have not been more than 30% of nethash in the last few weeks and it would take them 40+ PH from where they sit now to achieve that. I would be more worried at how quickly Discus Fish has grown and why none of the other pools can match CEX's success with Ghash.io's output.

[lynn_402]

For SHA256 I'd go for this:

1. Nicehash (with minimum payout to the "average" payout on 1 Th in BTC * 1,05)
2. GHash.io

Can we please stay away from Ghash for Sha though? Let's not allow them to get near 50% of the network again.

You're joking right? I think we are well past any chance of that happening again so easily... sitting close to 200 PH on the network now... and Ghash hasn't surpassed 56 PH with current nearer 46 PH... they have not been more than 30% of nethash in the last few weeks and it would take them 40+ PH from where they sit now to achieve that. I would be more worried at how quickly Discus Fish has grown and why none of the other pools can match CEX's success with Ghash.io's output.

It will happen again for sure, if people keep thinking like you do (it's ok for me to do it because the majority of the other miners probably won't!)

30% is, imho, way too big for something that's supposed to be decentralized.

Anyways, that's not what this topic is about, sorry for the digression.

[Flep182]

I was mainly aiming at Ghash for their extra mined coins that they deliver with merged mining. In that sense we could cover some of the electric with those coins. Eligius does merged with NMC but I haven't seen a payout there for months.

Getting a few percent extra does a lot for the profitability. I don't think Ghash will get anywhere near 50% again, so I don't see the problem there at the moment. We could vote on it?

And @MWNinja, we've been mining for a few days now. Where did we go for? And is there a place to check the results so far?

[MWNinja]

We're on ghash for now, I'll get a stats page up for everyone later this week.  I've started also experimenting with nicehash/westhash, and will probably add them to this group shortly as well.

[urbanBTC]

For SHA256 I'd go for this:

1. Nicehash (with minimum payout to the "average" payout on 1 Th in BTC * 1,05)
2. GHash.io

Can we please stay away from Ghash for Sha though? Let's not allow them to get near 50% of the network again.

You're joking right? I think we are well past any chance of that happening again so easily... sitting close to 200 PH on the network now... and Ghash hasn't surpassed 56 PH with current nearer 46 PH... they have not been more than 30% of nethash in the last few weeks and it would take them 40+ PH from where they sit now to achieve that. I would be more worried at how quickly Discus Fish has grown and why none of the other pools can match CEX's success with Ghash.io's output.

It will happen again for sure, if people keep thinking like you do (it's ok for me to do it because the majority of the other miners probably won't!)

30% is, imho, way too big for something that's supposed to be decentralized.

Anyways, that's not what this topic is about, sorry for the digression.

Yous would think ninjas would do a vote or somethings.

Seem like theys worked like ninjas in the dark to get ghash.   Ninjas are silent i guess.  Seem like complete opposite as saying payout not works for them.

What should wes think ninjas would do after that S3 lease that worded like buys..... ninjas even changed that topic it seemed so scammy on words

[daemonfox]

Yous would think ninjas would do a vote or somethings.

Seem like theys worked like ninjas in the dark to get ghash.   Ninjas are silent i guess.  Seem like complete opposite as saying payout not works for them.

What should wes think ninjas would do after that S3 lease that worded like buys..... ninjas even changed that topic it seemed so scammy on words

GO AWAY! You obviously are not a customer, nor have any interest in Ninjacolo... we all read you post and know how you feel STOP REPEATING IT!

[Flep182]

Yous would think ninjas would do a vote or somethings.

Seem like theys worked like ninjas in the dark to get ghash.   Ninjas are silent i guess.  Seem like complete opposite as saying payout not works for them.

What should wes think ninjas would do after that S3 lease that worded like buys..... ninjas even changed that topic it seemed so scammy on words

GO AWAY! You obviously are not a customer, nor have any interest in Ninjacolo... we all read you post and know how you feel STOP REPEATING IT!

What daemonfox says here. I've been critical of Ninja before and am on top of this GB regarding management but he's not a bad guy. So please leave the thread alone if you are not a customer or won't be adding anything usefull.

[Flep182]

We're on ghash for now, I'll get a stats page up for everyone later this week.  I've started also experimenting with nicehash/westhash, and will probably add them to this group shortly as well.

How's the statspage coming? This one hasn't been updated in a while: http://coinninja.com/minerstats5.php

[Flep182]

We're on ghash for now, I'll get a stats page up for everyone later this week.  I've started also experimenting with nicehash/westhash, and will probably add them to this group shortly as well.

How's the statspage coming? This one hasn't been updated in a while: http://coinninja.com/minerstats5.php

Ninja, would it be too much to ask to get an update on this GB? With the recent payout we'd be getting close to ROI in 5000 days so a bit more active interest is greatly appreciated.

[MWNinja]

Upgrade kits for our S1's have arrived; now waiting on a large order of thermal grease.  I'm expecting that we will have them upgraded on Monday.

No time to work on the stats page at the moment, busy building out a new warehouse and upgrading 100 S1s.  I've been testing Nicehash/Westhash and the results look good, once the upgrades are done I will move the miners there and anyone can get the stats based on our payout addr.

[lynn_402]

It's been almost a month now since the last payment, what's up with this project?

[Flep182]

It's been almost a month now since the last payment, what's up with this project?

And where are the results/addresses for the Nicehash accounts?

[lynn_402]

It's been almost a month now since the last payment, what's up with this project?

Payment received, right after I posted this!

Thanks.

[pimd]

Is this GB officially dead? Received my last payment on oct. 16.
Did I miss something?

[Flep182]

No, Ninja is doing a lot of other stuff and has stopped responding here about this GB.

I'm getting quite close to calling this whole thing scammish.

[lynn_402]

No, Ninja is doing a lot of other stuff and has stopped responding here about this GB.

I'm getting quite close to calling this whole thing scammish.

If Ninja is too busy to manage this group buy, it would be nice if he could buy back the shares like he did for GB#4.

[Flep182]

Just popped a question in the thread of his latest business venture: https://bitcointalk.org/index.php?topic=782519.msg9600396#msg9600396