jojo69
Legendary
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Activity: 3318
Merit: 4606
diamond-handed zealot
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February 28, 2014, 04:02:32 AM |
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for the love of all that is good do NOT buy anything from BFL
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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dburdett84
Newbie
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Activity: 43
Merit: 0
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February 28, 2014, 04:16:01 AM |
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I know I made the mistake and got a Jalapeno from Amazon for about $150, haven't bought directly from them.
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BrandonMcPherson
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February 28, 2014, 05:12:27 AM |
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the Asicminer Cube is the best deal at the low end. Currently $420 from JonesGear.com. That gets you a 30GH/s device that will do 38GH/s in overclocked mode. You'll need a separate power supply, too—I'd recommend getting a 750watt PSU so you can run two Cubes at some point. If you're willing to spend a bit more, the Antminer S1 is 180GH/s for $1,187, a much better deal if you're willing to invest the money. It overclocks to 200GH/s, and it also needs a separate power supply. These prices are always coming down because any given mining device produces fewer Bitcoins than it did the day before, all things being equal. The Cube, for instance, was $900ish 4-5 weeks ago. Within two weeks, I imagine they'll be in the low $300 range. Unless you're interested in Scrypt mining, the Gridseed Infinity Mini device you mentioned is not as good a deal on a $/GH basis compared to the Cube. If you are interested in Scrypt mining, this device has the benefit of being able to do either Bitcoin or Scrypt—or both at the same time. I hope that helps!
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dburdett84
Newbie
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Activity: 43
Merit: 0
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February 28, 2014, 05:42:48 AM |
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Thanks Brandon, I have been looking at scrypt mining also, and am just using this as an excuse to spend more time in my office with my computers and toys. I don't really expect to make any real money from this or at least turn a measurable profit. I do have an abundance of PSU's laying around in the 750-1200watt range.
I will look more into the Asicminer Cube, and the S1.
The only other ones I have looked at have been the Blockerupter blades. But those still seem a bit high per Ghash.
I do appreciate all of that info, I have basically just left my Jalapeno running on another pool for a pretty long time and am just now getting the time to start reading and planning for a bigger mining rig. It is some time off but I would like to hit 500-700 Ghash within the next month or so.
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aurel57
Legendary
Offline
Activity: 1246
Merit: 1000
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February 28, 2014, 11:40:48 AM Last edit: March 01, 2014, 11:25:07 AM by aurel57 |
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Just wanted to drop in and say HI, this is my first 24 hours in the pool, and am really happy I finally bailed on Slush, I started there back in 2011 and its been a horrible place to be the last year.
I am only a hobby miner, but still a nice pool that has let me earn twice what I did at Slush's pool in 1/3rd the time.
Heres to hopefully many profitable times to come.
Welcome! I also came from Slush as I had started there in June 2013 and stayed thru many shady payouts but always made more there than other pools when I tried others with a few miners, but lately the pools hash rate had not kept up enough to get enough blocks to payout what you can make at other larger pools. The other fact is Eleuthria answered more questions on Slush's pool forum than the pool operator.
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jojo69
Legendary
Offline
Activity: 3318
Merit: 4606
diamond-handed zealot
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February 28, 2014, 05:50:53 PM |
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we are indeed blessed in our pool operator
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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hurricandave
Legendary
Offline
Activity: 966
Merit: 1003
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February 28, 2014, 07:46:36 PM |
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Anybody else notice the 1000 Th/s drop in pool speed since the diff change this morning?
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ManeBjorn
Legendary
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Activity: 1288
Merit: 1004
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February 28, 2014, 07:55:31 PM |
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Yes but at the same time we have been on a good run of luck too. I hope it stays and some people come back. Anybody else notice the 1000 Th/s drop in pool speed since the diff change this morning?
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MoreBloodWine
Legendary
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Activity: 1064
Merit: 1001
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February 28, 2014, 08:00:02 PM |
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Yes but at the same time we have been on a good run of luck too. I hope it stays and some people come back. Anybody else notice the 1000 Th/s drop in pool speed since the diff change this morning?
Kinda makes ya wonder where they all went to.
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To be decided...
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eleuthria (OP)
Legendary
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Activity: 1750
Merit: 1007
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February 28, 2014, 08:00:34 PM |
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Anybody else notice the 1000 Th/s drop in pool speed since the diff change this morning?
Speed is only down a few hundred TH. Nowhere near 1000.
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RIP BTC Guild, April 2011 - June 2015
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ManeBjorn
Legendary
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Activity: 1288
Merit: 1004
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February 28, 2014, 08:05:43 PM |
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Probably some company sending out it's inventory to people who pre-purchased miners. Yes but at the same time we have been on a good run of luck too. I hope it stays and some people come back. Anybody else notice the 1000 Th/s drop in pool speed since the diff change this morning?
Kinda makes ya wonder where they all went to.
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hurricandave
Legendary
Offline
Activity: 966
Merit: 1003
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February 28, 2014, 08:41:44 PM |
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Anybody else notice the 1000 Th/s drop in pool speed since the diff change this morning?
Speed is only down a few hundred TH. Nowhere near 1000. It was a quick bounce, probably as everyone was starting over at the new diff at the same time.
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ManeBjorn
Legendary
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Activity: 1288
Merit: 1004
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February 28, 2014, 09:17:29 PM |
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That makes sense as well. It was a good thing. I like that here we are still having regular results because the pool is so well maintained and the users dedicated. Anybody else notice the 1000 Th/s drop in pool speed since the diff change this morning?
Speed is only down a few hundred TH. Nowhere near 1000. It was a quick bounce, probably as everyone was starting over at the new diff at the same time.
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xstr8guy
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February 28, 2014, 09:49:10 PM |
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Thanks Brandon, I have been looking at scrypt mining also, and am just using this as an excuse to spend more time in my office with my computers and toys. I don't really expect to make any real money from this or at least turn a measurable profit. I do have an abundance of PSU's laying around in the 750-1200watt range.
I will look more into the Asicminer Cube, and the S1.
The only other ones I have looked at have been the Blockerupter blades. But those still seem a bit high per Ghash.
I do appreciate all of that info, I have basically just left my Jalapeno running on another pool for a pretty long time and am just now getting the time to start reading and planning for a bigger mining rig. It is some time off but I would like to hit 500-700 Ghash within the next month or so.
3 Antminers would currently be the only way to go if you're hoping to get above 500GHs without breaking the bank. I don't think you could even buy secondhand gear for less money. ASICMiner may soon have some exciting new miners. But this is a game where waiting is deadly to your income. If I was just getting into mining now I might just start with the first wave of Gridseed Scrypt ASIC miners and skip Bitcoin mining altogether.
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dburdett84
Newbie
Offline
Activity: 43
Merit: 0
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March 01, 2014, 12:22:02 AM |
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Thanks Brandon, I have been looking at scrypt mining also, and am just using this as an excuse to spend more time in my office with my computers and toys. I don't really expect to make any real money from this or at least turn a measurable profit. I do have an abundance of PSU's laying around in the 750-1200watt range.
I will look more into the Asicminer Cube, and the S1.
The only other ones I have looked at have been the Blockerupter blades. But those still seem a bit high per Ghash.
I do appreciate all of that info, I have basically just left my Jalapeno running on another pool for a pretty long time and am just now getting the time to start reading and planning for a bigger mining rig. It is some time off but I would like to hit 500-700 Ghash within the next month or so.
3 Antminers would currently be the only way to go if you're hoping to get above 500GHs without breaking the bank. I don't think you could even buy secondhand gear for less money. ASICMiner may soon have some exciting new miners. But this is a game where waiting is deadly to your income. If I was just getting into mining now I might just start with the first wave of Gridseed Scrypt ASIC miners and skip Bitcoin mining altogether. I've been mining since sep 2011, just with a few tours overseas, I left my GPU's and a BFL block running idle for most of my mining time. I do agree that to someone just starting, scrypt would be the way to go, but for me I don't honestly care about turning a profit on this, its purely a hobby for me. I am now getting into migrating to new hardware, and yes I am really out of touch on it all. The only thing I do when I sell coins is put it back into this. Long story short, I just dumped a large portion of coins I have made since I started(first time ever selling) and have $7868 to spend on hardware and would like to know which way to go. It looks like the Antminer S1 is the best choice right now unless there is another secret powerhouse out there?
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mdude77
Legendary
Offline
Activity: 1540
Merit: 1001
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March 01, 2014, 12:38:39 AM |
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Thanks Brandon, I have been looking at scrypt mining also, and am just using this as an excuse to spend more time in my office with my computers and toys. I don't really expect to make any real money from this or at least turn a measurable profit. I do have an abundance of PSU's laying around in the 750-1200watt range.
I will look more into the Asicminer Cube, and the S1.
The only other ones I have looked at have been the Blockerupter blades. But those still seem a bit high per Ghash.
I do appreciate all of that info, I have basically just left my Jalapeno running on another pool for a pretty long time and am just now getting the time to start reading and planning for a bigger mining rig. It is some time off but I would like to hit 500-700 Ghash within the next month or so.
3 Antminers would currently be the only way to go if you're hoping to get above 500GHs without breaking the bank. I don't think you could even buy secondhand gear for less money. ASICMiner may soon have some exciting new miners. But this is a game where waiting is deadly to your income. If I was just getting into mining now I might just start with the first wave of Gridseed Scrypt ASIC miners and skip Bitcoin mining altogether. I've been mining since sep 2011, just with a few tours overseas, I left my GPU's and a BFL block running idle for most of my mining time. I do agree that to someone just starting, scrypt would be the way to go, but for me I don't honestly care about turning a profit on this, its purely a hobby for me. I am now getting into migrating to new hardware, and yes I am really out of touch on it all. The only thing I do when I sell coins is put it back into this. Long story short, I just dumped a large portion of coins I have made since I started(first time ever selling) and have $7868 to spend on hardware and would like to know which way to go. It looks like the Antminer S1 is the best choice right now unless there is another secret powerhouse out there? I think antminers are the best bang for your buck at the moment. Like anything else, though, your bang will decrease as time goes by with increasing difficulty. M
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I mine at Kano's Pool because it pays the best and is completely transparent! Come join me!
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jedimstr
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March 02, 2014, 12:38:29 AM |
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Variance is such a bitch.
If you think Variance is bad here... try p2pool... it's apparently the Sado-Masochistic pool network.
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eleuthria (OP)
Legendary
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Activity: 1750
Merit: 1007
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March 02, 2014, 12:38:56 AM |
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Variance is such a bitch.
How variance feels after dealing with it for 3 years.
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RIP BTC Guild, April 2011 - June 2015
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BrandonMcPherson
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March 02, 2014, 01:52:41 AM |
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Eleuthria, that seems apropos! Jedi, I'm a poker player and was aiming my whining at variance as a whole, rather than BTC Guild. Variance rules when you're running hot, of course. What made me extra cranky was the large jump in my shift percentages from the temporary decrease in our hashing power. When people came back, I was hoping to be showered by many block awards with artificially high payouts to yours truly. Instead, Lady Luck squatted over us and peed in our mouths as those shifts ticked off the screen one after another. Yeah, I know some folks like that sort of thing, but I'm not one of 'em. ::shakes fist::
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