BitcoinPappi
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Activity: 915
Merit: 1005
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May 18, 2015, 04:31:31 AM |
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Another effect is also blatantly obvious and that is the effect on the pool's luck. If a smaller pool has regular bad luck, guess what (yeah I'm sure this level of thinking is beyond your pay grade) that will turn miners away from the pool.
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I am convinced this also happen to bitminter more then once. back to back 99.5% blocks a 70% block then a 97% block this is when I started asking someone to run a solo pool. less then a year ago but with my 58 year old memory maybe 13 months ago.. I don't worry about renting pools like nicehash or westhash being used as a middle man as much as I do stealth miners with a proxy attacking pps pools. Scatter the orders a bit on nice-west hash and odds are you are fine as the risk of renting all from one evil dude lesson quite a bit. But Ban and f2pool as pps run risks. At ckpool solo club members we have more then 5.5btc left but price is high so we are frozen. order #393756 at westhash 0.89993128 btc left order #393760 at nicehash 4.62483203 btc left fixed 5th at least we have action order #394839 at westhash has 4 hours left (my gift to the club) http://solo.ckpool.org/users/1CqbvmuJcLFDFzFewKmBVAaghXEtByzY9Yhigh is still 9,717,111,133.176263 We are missing out on some lucky streak . Hopefully the prices drop on nice hash soon. Would we increase our chances of hitting a block possibly by having 5 different works at 100 TH each ?
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-ck (OP)
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Activity: 4256
Merit: 1645
Ruu \o/
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May 18, 2015, 05:11:36 AM |
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We are missing out on some lucky streak . Hopefully the prices drop on nice hash soon. Would we increase our chances of hitting a block possibly by having 5 different works at 100 TH each ?
Theoretically it shouldn't make any difference at all. However I cannot vouch for potential losses in a massive mining farm setup designed to channel PH hashrates through only a few workers. While I've personally written a proxy (and am still actively developing it to be something much bigger) I can't vouch for the proxies anyone else uses. This is nothing to do with whether it's rental or otherwise. My gut feeling is a massive farm (>1PH) is less likely to be as efficient and have the same amount of potential hash loss as a medium sized farm. It's hard to set up a good farm and the larger the farm, the harder it is - but it's not a given that whoever set it up won't have made it as efficient, it's only generic advice. As I've already said, no one with >1PH has ever found a block on this pool (except for the private Avalon farm that was mining here when I first opened the pool) whereas there have been heaps of blocks solved from 1->600TH miners.
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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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-ck (OP)
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Activity: 4256
Merit: 1645
Ruu \o/
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May 18, 2015, 05:58:15 AM |
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so a home miner at 10 cents with 20 th and 10k makes 665 usd a month after power.
at 11 cents a kwatt 593 at 12 cents a kwatt 521 at 13 cents a kwatt 449 at 14 cents a kwatt 377 at 15 cents a kwatt 305 at 16 cents a kwatt 233 at 17 cents a kwatt 161 at 18 cents a kwatt 89 at 19 cents a kwatt 18
Averaging about 30c here how do you think I feel as a mining software developer that can't afford to mine?
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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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stevej
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Activity: 118
Merit: 10
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May 18, 2015, 06:26:38 AM |
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so a home miner at 10 cents with 20 th and 10k makes 665 usd a month after power.
at 11 cents a kwatt 593 at 12 cents a kwatt 521 at 13 cents a kwatt 449 at 14 cents a kwatt 377 at 15 cents a kwatt 305 at 16 cents a kwatt 233 at 17 cents a kwatt 161 at 18 cents a kwatt 89 at 19 cents a kwatt 18
Averaging about 30c here how do you think I feel as a mining software developer that can't afford to mine? 23.2 cents a kwh here in nz I still have one S3+ pointed at the solo pool though, hoping for the lucky block
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johnp
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May 18, 2015, 06:32:06 AM |
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Just woke up and looked at my PC and and there sitting in my wallet 24.9 coins what a good start to a rainy wet Monday, thanks ckpool.
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*Image Removed*
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zapphood
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Activity: 57
Merit: 0
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May 18, 2015, 07:19:17 AM |
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Wow, the next 2 Blocks. Congrats, another block for 1H5QBZ6GdZug2BNx6oRAi8GBCi4nuJARiK And congrats to the user johnp 1N8zFF9UiYejtjZHJpvr1S1NZC4iJLYeRX
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BitcoinPappi
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Activity: 915
Merit: 1005
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May 18, 2015, 01:16:55 PM |
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We are missing out on some lucky streak . Hopefully the prices drop on nice hash soon. Would we increase our chances of hitting a block possibly by having 5 different works at 100 TH each ?
Theoretically it shouldn't make any difference at all. However I cannot vouch for potential losses in a massive mining farm setup designed to channel PH hashrates through only a few workers. While I've personally written a proxy (and am still actively developing it to be something much bigger) I can't vouch for the proxies anyone else uses. This is nothing to do with whether it's rental or otherwise. My gut feeling is a massive farm (>1PH) is less likely to be as efficient and have the same amount of potential hash loss as a medium sized farm. It's hard to set up a good farm and the larger the farm, the harder it is - but it's not a given that whoever set it up won't have made it as efficient, it's only generic advice. As I've already said, no one with >1PH has ever found a block on this pool (except for the private Avalon farm that was mining here when I first opened the pool) whereas there have been heaps of blocks solved from 1->600TH miners. Thanks for the explanation. I was thinking along the same lines.
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jonnybravo0311
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Activity: 1344
Merit: 1024
Mine at Jonny's Pool
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May 18, 2015, 01:52:35 PM |
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While our group hasn't found a block yet... after the latest winner, I checked my own solo mining - a whopping 9G from 5 U2s. That's when I saw this: That's the best share I've ever seen from those little sticks. Sure, it's nowhere close to finding a block, but it's not that bad, either. Anyway, congrats to johnp and our latest 2-block winner!
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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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philipma1957
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Activity: 4284
Merit: 8721
'The right to privacy matters'
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May 18, 2015, 01:55:33 PM |
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We are missing out on some lucky streak . Hopefully the prices drop on nice hash soon. Would we increase our chances of hitting a block possibly by having 5 different works at 100 TH each ?
Theoretically it shouldn't make any difference at all. However I cannot vouch for potential losses in a massive mining farm setup designed to channel PH hashrates through only a few workers. While I've personally written a proxy (and am still actively developing it to be something much bigger) I can't vouch for the proxies anyone else uses. This is nothing to do with whether it's rental or otherwise. My gut feeling is a massive farm (>1PH) is less likely to be as efficient and have the same amount of potential hash loss as a medium sized farm. It's hard to set up a good farm and the larger the farm, the harder it is - but it's not a given that whoever set it up won't have made it as efficient, it's only generic advice. As I've already said, no one with >1PH has ever found a block on this pool (except for the private Avalon farm that was mining here when I first opened the pool) whereas there have been heaps of blocks solved from 1->600TH miners. Thanks for the explanation. I was thinking along the same lines. And we have about 5.5 btc left sitting idle. I am also thinking to restructure from the 200th west 800th nice spilt . to 1x 100 west and 4x 100 nice. I will pm all members.
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johnp
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May 18, 2015, 02:17:58 PM |
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Just woke up and looked at my PC and and there sitting in my wallet 24.9 coins what a good start to a rainy wet Monday, thanks ckpool. For all those that have asked this was with rented hash from westhash, I have been trying for a few days and different hashrates and spent about 6btc. Good return
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*Image Removed*
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727miner
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May 18, 2015, 02:23:33 PM |
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While our group hasn't found a block yet... after the latest winner, I checked my own solo mining - a whopping 9G from 5 U2s. That's when I saw this: That's the best share I've ever seen from those little sticks. Sure, it's nowhere close to finding a block, but it's not that bad, either. Anyway, congrats to johnp and our latest 2-block winner! That's cool, I have a single NanoFury pointed here and noticed it pulled a 600M share the other day..you never know...
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727miner
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May 18, 2015, 02:24:29 PM |
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Just woke up and looked at my PC and and there sitting in my wallet 24.9 coins what a good start to a rainy wet Monday, thanks ckpool. For all those that have asked this was with rented hash from westhash, I have been trying for a few days and different hashrates and spent about 6btc. Good return Congrats johnp!
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philipma1957
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Activity: 4284
Merit: 8721
'The right to privacy matters'
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May 18, 2015, 02:41:19 PM |
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so a home miner at 10 cents with 20 th and 10k makes 665 usd a month after power.
at 11 cents a kwatt 593 at 12 cents a kwatt 521 at 13 cents a kwatt 449 at 14 cents a kwatt 377 at 15 cents a kwatt 305 at 16 cents a kwatt 233 at 17 cents a kwatt 161 at 18 cents a kwatt 89 at 19 cents a kwatt 18
Averaging about 30c here how do you think I feel as a mining software developer that can't afford to mine? yeah has to kill you. I may ramp up in Oct when 1 drop to 13c - 3c for heating benefits = 10c So for now it is something to look forward to. but at 30c not going to happen.
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philipma1957
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Activity: 4284
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'The right to privacy matters'
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May 18, 2015, 02:44:24 PM Last edit: May 18, 2015, 02:55:59 PM by philipma1957 |
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about restructure I have 5 yes votes and 0 no votes. Since this is a certain tie at worst (10 in the club) and I would be the tie breaker I am going to cancel the 200th and 800th. get our 5.5 btc back and do 1x 100th = 100th at westhash and 4x 100th = 400th at nicehash. I will send pm's to all of us. the 800th is cancelled see below 4.59 + 0.142 fee
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thedreamer
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Activity: 1694
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Go Big or Go Home.....
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May 18, 2015, 03:01:03 PM |
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It's a yes from me, I just can't reply to the pm group. Lol
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Go Big or Go Home.
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philipma1957
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Activity: 4284
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'The right to privacy matters'
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May 18, 2015, 03:03:35 PM |
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It's a yes from me, I just can't reply to the pm group. Lol
two orders cancelled. I will start new ones
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thedreamer
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Activity: 1694
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Go Big or Go Home.....
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May 18, 2015, 03:07:51 PM |
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Plz let us all know if there is anything extra needed to be kicked in for all the work you're doing. Thanks
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Go Big or Go Home.
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philipma1957
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Activity: 4284
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'The right to privacy matters'
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May 18, 2015, 03:23:48 PM |
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For now I don't want fees. I am trying to get the idea of a pool within a pool or a club within a pool at no extra cost to help people with higher power still mine at home. I am not anti cloud services, but so far while not perfect the nice-west hash model appears best. Hey I am 18 cents a kwatt until OCT 1st renting at nice-west point it here point it at kano appears to be my only option for the next 120 days or so. I am not the only one in this boat the new orders are below 5 for 100th 1 is at westhash 4 are at nicehash
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pepto
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May 18, 2015, 04:54:51 PM |
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100T + seems to be the magic numbers lately.
Funny you say that. I had noticed that not a single person who rented 1+ PH has ever found a block here. Not sure exactly what that means but as well as some very lucky people there have been some very unlucky people. There is really, however, no way to confirm the hardware you are hiring isn't configured in such a way as to never find you a block mind you so you're always taking a risk (they'd need to be very nasty operators and I seriously doubt they'd risk their reputation with so much hashrate at their disposal but you never know). Reading onward from here does not make me happy.
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philipma1957
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Activity: 4284
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'The right to privacy matters'
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May 18, 2015, 05:00:58 PM Last edit: May 18, 2015, 05:10:59 PM by philipma1957 |
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100T + seems to be the magic numbers lately.
Funny you say that. I had noticed that not a single person who rented 1+ PH has ever found a block here. Not sure exactly what that means but as well as some very lucky people there have been some very unlucky people. There is really, however, no way to confirm the hardware you are hiring isn't configured in such a way as to never find you a block mind you so you're always taking a risk (they'd need to be very nasty operators and I seriously doubt they'd risk their reputation with so much hashrate at their disposal but you never know). Reading onward from here does not make me happy. yeah it is a bit discouraging but we now have 5 orders at 100th ready to start. and we have the bonus 5th fixed order I paid for. At least more then 5.49 btc is left of the 10 btc so I like to think the glass is more then ½ full. http://solo.ckpool.org/users/1CqbvmuJcLFDFzFewKmBVAaghXEtByzY9YJust kicked in: {"hashrate1m": "178T", "hashrate5m": "58.4T", "hashrate1hr": "10.4T", "hashrate1d": "80.3T", "hashrate7d": "50.3T", "lastupdate": 1431968973, "workers": 10, "bestshare": 511,201,189.7977441}
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