philipma1957
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'The right to privacy matters'
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April 20, 2015, 06:37:01 PM |
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I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested. The power cost is missing if he rents power is 0. If he mines power is ?
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Mikestang
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Merit: 1000
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April 20, 2015, 06:43:14 PM |
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I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested. The power cost is missing if he rents power is 0. If he mines power is ? Well he's not going to make his $54 back either way, so better off to own your own hardware.
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-ck (OP)
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Ruu \o/
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April 20, 2015, 10:12:13 PM |
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Guys using pool btc calculator http://tradebtc.net/bitcalc.php i entered 4ths and i got this Your Average 1diff Shares per Minute: 55,879.3545 shares/min does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?All shares submitted does is shows the pool you are working to solve the block. The number submitted has to do with the difficulty you are mining to the pool at. It has nothing to do with the odds of solving a block.
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block.
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Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel 2% Fee Solo mining at solo.ckpool.org -ck
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philipma1957
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Activity: 4214
Merit: 8356
'The right to privacy matters'
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April 20, 2015, 10:15:49 PM |
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I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested. The power cost is missing if he rents power is 0. If he mines power is ? Well he's not going to make his $54 back either way, so better off to own your own hardware. not if he mines it here. but in general owning is better then renting as he can sell it off later on. heck if he buys from you mines here for 2 months never hits but coins jump to 1000 he can sell your gear at a profit.
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Mikestang
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Activity: 1274
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April 20, 2015, 10:35:45 PM |
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Guys using pool btc calculator http://tradebtc.net/bitcalc.php i entered 4ths and i got this Your Average 1diff Shares per Minute: 55,879.3545 shares/min does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?All shares submitted does is shows the pool you are working to solve the block. The number submitted has to do with the difficulty you are mining to the pool at. It has nothing to do with the odds of solving a block.
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block. Ok, I see what you did in the explanation: Each 1 diff share has 1 in [network difficulty] chance of finding a block. I missed the 1 diff part of the post I replied to. 1 difficulty being the key, because depending what your miner difficulty is in the pool results in how many shares (at that diff) you submit. Correct?
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Kexkey
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Smile while thinking.
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April 20, 2015, 11:38:29 PM |
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Guys using pool btc calculator http://tradebtc.net/bitcalc.php i entered 4ths and i got this Your Average 1diff Shares per Minute: 55,879.3545 shares/min does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?All shares submitted does is shows the pool you are working to solve the block. The number submitted has to do with the difficulty you are mining to the pool at. It has nothing to do with the odds of solving a block.
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block. Hum, I'm surprised, I would have thought each 1-diff share has (MAX_DIFF - CURRENT_DIFF) in MAX_DIFF chance of finding a block, since share diff must be above current diff, not exactly current diff. Now I wonder what is the MAX_DIFF... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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This digital signature is not a digital signature.
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kano
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Activity: 4578
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Linux since 1997 RedHat 4
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April 20, 2015, 11:54:31 PM |
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Guys using pool btc calculator http://tradebtc.net/bitcalc.php i entered 4ths and i got this Your Average 1diff Shares per Minute: 55,879.3545 shares/min does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?All shares submitted does is shows the pool you are working to solve the block. The number submitted has to do with the difficulty you are mining to the pool at. It has nothing to do with the odds of solving a block.
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block. Ok, I see what you did in the explanation: Each 1 diff share has 1 in [network difficulty] chance of finding a block. I missed the 1 diff part of the post I replied to. 1 difficulty being the key, because depending what your miner difficulty is in the pool results in how many shares (at that diff) you submit. Correct? Effectively yes. A higher diff N share has N chances in D (network diff) of being a block. Though it is still 1 share.
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vipgelsi
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Activity: 1736
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April 21, 2015, 02:46:44 AM |
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I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested. The power cost is missing if he rents power is 0. If he mines power is ? Power cost is the main reason for renting my electricity rate is .13 in nj
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vipgelsi
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April 21, 2015, 02:52:15 AM |
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Guys using pool btc calculator http://tradebtc.net/bitcalc.php i entered 4ths and i got this Your Average 1diff Shares per Minute: 55,879.3545 shares/min does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?All shares submitted does is shows the pool you are working to solve the block. The number submitted has to do with the difficulty you are mining to the pool at. It has nothing to do with the odds of solving a block.
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block. It might just be me but it doesn't seem that far fetched for a 300ghs machine submiting 4,190.9516 shares/min to have a decent chance at finding a block. another question if the difficulty is 47 billion is there in turn 47 billion diffrent shares? or is every share a random number that just appears after it is hashed? say i hash 1 share and it is 30,230 can someone else find the same 30,230 share or is there only one until the block is solved?
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Mikestang
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April 21, 2015, 02:54:43 AM |
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I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested. The power cost is missing if he rents power is 0. If he mines power is ? Power cost is the main reason for renting my electricity rate is .13 in nj I'm double that in California, but I enjoy the hardware aspect of mining, too. (obviously I don't mine for profit)
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Gws24
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April 21, 2015, 03:28:15 AM |
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It might just be me but it doesn't seem that far fetched for a 300ghs machine submiting 4,190.9516 shares/min to have a decent chance at finding a block.
another question if the difficulty is 47 billion is there in turn 47 billion diffrent shares? or is every share a random number that just appears after it is hashed?
say i hash 1 share and it is 30,230 can someone else find the same 30,230 share or is there only one until the block is solved?
Rougly calculated 4190 diff1 shares per minute and Difficulty at 49 billion leads to 7789 days to find a block or 21 years; depends on what you call decent ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) As for the shares that you hash, those are random hence the luck involved in mining (more hashrate means more shares calculated which means more chances to get lucky).
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jonnybravo0311
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Activity: 1344
Merit: 1023
Mine at Jonny's Pool
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April 21, 2015, 07:05:41 PM |
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Guys using pool btc calculator http://tradebtc.net/bitcalc.php i entered 4ths and i got this Your Average 1diff Shares per Minute: 55,879.3545 shares/min does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?All shares submitted does is shows the pool you are working to solve the block. The number submitted has to do with the difficulty you are mining to the pool at. It has nothing to do with the odds of solving a block.
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block. It might just be me but it doesn't seem that far fetched for a 300ghs machine submiting 4,190.9516 shares/min to have a decent chance at finding a block. another question if the difficulty is 47 billion is there in turn 47 billion diffrent shares? or is every share a random number that just appears after it is hashed? say i hash 1 share and it is 30,230 can someone else find the same 30,230 share or is there only one until the block is solved? LOL... You have a far different definition of decent chance than I do. Anyway, to answer your question about shares, miners can submit the same difficulty share many times.
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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jeffy1021
Member
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Activity: 64
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April 21, 2015, 08:57:47 PM |
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Found an old U1, guess it wouldn't hurt to point it here ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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thedreamer
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Activity: 1694
Merit: 1002
Go Big or Go Home.....
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April 22, 2015, 11:50:09 AM |
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Pool ok? My stats say almost no hashes, even though I'm pointing 860Gh at it. Been going down for about half an hour.
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Go Big or Go Home.
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jibble
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April 22, 2015, 12:05:57 PM |
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Pool ok? My stats say almost no hashes, even though I'm pointing 860Gh at it. Been going down for about half an hour.
pool seems fine, check your miner it could be that
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thedreamer
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Go Big or Go Home.....
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April 22, 2015, 12:41:43 PM |
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Pool ok? My stats say almost no hashes, even though I'm pointing 860Gh at it. Been going down for about half an hour.
pool seems fine, check your miner it could be that You're right. Weird. 2 Different miners stopped hashing to the pool but show hashes being sent. Switched another miner and it seems fine. LOL
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Go Big or Go Home.
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-ck (OP)
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Ruu \o/
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April 22, 2015, 02:17:15 PM |
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The latest version of the pool software has been up for over a month so the earlier instability seems resolved (and more importantly quite a few blocks were solved in that time). I'll be restarting it shortly to pull in the latest changes.
EDIT: Done.
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Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel 2% Fee Solo mining at solo.ckpool.org -ck
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Chris_Sabian
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April 22, 2015, 02:33:04 PM |
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The latest version of the pool software has been up for over a month so the earlier instability seems resolved (and more importantly quite a few blocks were solved in that time). I'll be restarting it shortly to pull in the latest changes.
EDIT: Done.
Thanks for the update. It is good to hear that the previous issues were resolved. Now let's all find a block
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tutorialevideo
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Activity: 1161
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Don`t invest more than you can afford to lose
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April 22, 2015, 06:30:54 PM |
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where is a new block? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ads2003uk
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April 22, 2015, 07:16:23 PM |
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where is a new block? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm working on it ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Had a very little amount in MMR balance so rented a 180gh best share so far: 748,606,743
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