philipma1957
Legendary
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Activity: 4298
Merit: 8833
'The right to privacy matters'
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November 02, 2015, 01:42:30 AM |
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and all this....because I'm courious about this hash renting
I want to understand if it's relevant to rent better faster equippement or no matter how many miners as long the total hash is greater...
and for how long....
Well, if you rent 456253.85Ths you should find a block in about 10 minutes. whish I could...lol that means that 3.1 peta would find a block within 24hrs? what's the exact equation you've used to calculate that ? it is around some where but bitcoinwisdom will give you an idea. punch in the hash say 15th and you will see you get about .11 btc in a day divide the day rate into 25 and you will see how many days 15th needs to hit a block about 240. of course you be lucky and 15th could hit in five minutes. i hit two blocks in under two hours renting five hundred th. about a six hundred to one shot when i did it.
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Ziploc
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November 02, 2015, 01:52:39 AM |
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yes indeed the variance and ''luck'' is there... I avoided that to simplify the discussion BTW thanks all for your time and answers
and what I understood is: (again beside the luck and variance) 1- finding a block means get the right side of multi faced dice (number of faces = difficulty) 2- bigger total hash power = more rolls in a definite span of time 3- a newer generation / faster miner should be equal to a equal sum of hash of multiple older gen / slower miners 4- finding a block might take few seconds or way longer....(this would be luck / variance) and 5- I'm not sure about this; but I think that finding a block is somehow round based ? ie: once someone finds it, the round restarts and everyone starts new round from the scratch.... and thx philipma1957 for Bitcoinwisdom, I never noticed that... always looked at the charts....lol
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Ziploc
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November 02, 2015, 02:00:21 AM |
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And CK.. it's been few days I pointed my humble 2*s3 to your pool and I rented some hash...to experiment.. 1- 1,7 Peta for 10 min.....that was fun but gave nothing....lol 2- 4,6TH for 2 days....still running... 3 -will see
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philipma1957
Legendary
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Activity: 4298
Merit: 8833
'The right to privacy matters'
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November 02, 2015, 02:15:24 AM |
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yes indeed the variance and ''luck'' is there... I avoided that to simplify the discussion BTW thanks all for your time and answers
and what I understood is: (again beside the luck and variance) 1- finding a block means get the right side of multi faced dice (number of faces = difficulty) 2- bigger total hash power = more rolls in a definite span of time 3- a newer generation / faster miner should be equal to a equal sum of hash of multiple older gen / slower miners 4- finding a block might take few seconds or way longer....(this would be luck / variance) and 5- I'm not sure about this; but I think that finding a block is somehow round based ? ie: once someone finds it, the round restarts and everyone starts new round from the scratch.... and thx philipma1957 for Bitcoinwisdom, I never noticed that... always looked at the charts....lol = or > then the diff is a winner. now ask me how an asic chip generates the number. or ask me why can't a clever programmer get the dice to be loaded to spin more winners. And I will tell you : I don't know or understand how the algorithm generates an honest roll of the dice. But I am guessing it is not gamed or rigged since a lot of guys with good minds would be doing it if possible.
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Ziploc
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November 02, 2015, 02:22:20 AM |
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now ask me how an asic chip generates the number. or ask me why can't a clever programmer get the dice to be loaded to spin more winners.
And I will tell you : I don't know or understand how the algorithm generates an honest roll of the dice.
But I am guessing it is not gamed or rigged since a lot of guys with good minds would be doing it if possible.
I though so too but I suspected that there might be ways of improving the odds (like having the latest and newest miner), but I guess there's not Anw Thx again for help and answers to the questions that probably were asked numerous times before. That's appreciated.
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philipma1957
Legendary
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Activity: 4298
Merit: 8833
'The right to privacy matters'
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November 02, 2015, 02:31:20 AM |
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now ask me how an asic chip generates the number. or ask me why can't a clever programmer get the dice to be loaded to spin more winners.
And I will tell you : I don't know or understand how the algorithm generates an honest roll of the dice.
But I am guessing it is not gamed or rigged since a lot of guys with good minds would be doing it if possible.
I though so too but I suspected that there might be ways of improving the odds (like having the latest and newest miner), but I guess there's not Anw Thx again for help and answers to the questions that probably were asked numerous times before. That's appreciated. new fast s-7 saves on power and space to do its 4860 rolls. but 9.5 s-3s doing the same 4860 rolls are equal shot at a block(use more power and more space)
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fredi
Newbie
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Activity: 20
Merit: 0
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November 02, 2015, 03:13:53 AM |
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Dear @-ck I find out the script in solo.nicehash is yours like solo.ckpool . Few month ago i rent some hashrate and pointed to solo.nicehash but i use a wallet address started with 3. I found a block but unfortunately pool do not accept addresses with 3 that time and create an address and sent fund to this address: https://blockchain.info/address/1PN9XH9pPXtYHeupDAiFeFrkgXiwKZVUVeIs there any way that i can access to my coins ? Nicehash admin's refund to me ~3 btc because of that situation. but i spent more than that and lately i got realy bad luck in my life and this 25 btc would be really good help in this time. so i came here and ask. thanks. @ fredi so 25-3 = 22 btc correct? I am not a rich guy so I can't say here is 22 btc , but I feel for you. So I pointed this at ck's pool for 1 day if it hits I will split the block with you http://solo.ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje@ nicehash not telling you what to do but a 3btc refund is a bit lite. You could have given him more for your error not his. WOW, Thanks dear @philipma1957. i don't know what to say. i'm very thankful. But please don't spend more for me.
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fredi
Newbie
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Activity: 20
Merit: 0
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November 02, 2015, 03:24:33 AM Last edit: November 02, 2015, 03:52:11 AM by fredi |
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I don't blame @nicehash or source code or anyone. also i don't want any more refund from nicehash. i just came here and ask. maybe after these month someone found a solution to access these coins. just this! i always pointed my rental hashrate to solo.ckpool but one time i go to "blochchain lottery" in nicehash website and buy a ticket. i didn't have option to set a wallet address and didn't know about three signature address problem. because i saw to block found in blockchain lottery page.
anyway thanks to solo.ckpool and nicehash i found a good amounts of blocks 5 month ago. but because of my family crisis i had to spend all of them. and i am very grateful because if i didn't earn that coins, i have a real problem now!
But i really like to go back to my old game and made some profit if my luck companies me!
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philipma1957
Legendary
Offline
Activity: 4298
Merit: 8833
'The right to privacy matters'
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November 02, 2015, 03:33:07 AM |
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Dear @-ck I find out the script in solo.nicehash is yours like solo.ckpool . Few month ago i rent some hashrate and pointed to solo.nicehash but i use a wallet address started with 3. I found a block but unfortunately pool do not accept addresses with 3 that time and create an address and sent fund to this address: https://blockchain.info/address/1PN9XH9pPXtYHeupDAiFeFrkgXiwKZVUVeIs there any way that i can access to my coins ? Nicehash admin's refund to me ~3 btc because of that situation. but i spent more than that and lately i got realy bad luck in my life and this 25 btc would be really good help in this time. so i came here and ask. thanks. @ fredi so 25-3 = 22 btc correct? I am not a rich guy so I can't say here is 22 btc , but I feel for you. So I pointed this at ck's pool for 1 day if it hits I will split the block with you http://solo.ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje@ nicehash not telling you what to do but a 3btc refund is a bit lite. You could have given him more for your error not his. WOW, Thanks dear @philipma1957. i don't know what to say. i'm very thankful. But please don't spend more for me. its cool I will run it over night. it is not much out of pocket.
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jonnybravo0311
Legendary
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Activity: 1344
Merit: 1024
Mine at Jonny's Pool
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November 02, 2015, 02:45:14 PM |
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now ask me how an asic chip generates the number. or ask me why can't a clever programmer get the dice to be loaded to spin more winners.
And I will tell you : I don't know or understand how the algorithm generates an honest roll of the dice.
But I am guessing it is not gamed or rigged since a lot of guys with good minds would be doing it if possible.
I though so too but I suspected that there might be ways of improving the odds (like having the latest and newest miner), but I guess there's not Anw Thx again for help and answers to the questions that probably were asked numerous times before. That's appreciated. There are ways to optimize things, which the hardware manufacturers take advantage of to make faster, more efficient chips. For example, when trying to calculate the hash, you can stop after a very few number of operations and know for certain that continuing down that path will not lead to a valid answer. You can build that kind of logic into the chip. Each manufacturer has their own methods for getting the most bang for the buck from their chips. Smaller die process, better designs... all play into it. It's always a fair roll of the dice because of the nature of the cryptography underneath the covers. You can't "fudge" a valid solution to the problem. Doesn't matter if you're using pen and paper, or the fastest ASIC on the planet.
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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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Mikestang
Legendary
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Activity: 1274
Merit: 1000
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November 02, 2015, 06:53:18 PM |
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I though so too but I suspected that there might be ways of improving the odds (like having the latest and newest miner), but I guess there's not
What can be done, however, is on the pool side. Pool operators can fine tune their code to make sure potential block solves are broadcast to the network quickly so they do not produce orphan blocks, and also to make sure all the pool workers get new work quickly and start working on the next block as soon as they can. This is a significant, measurable attribute that can be the difference between solving a block and not.
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Ziploc
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November 02, 2015, 09:23:57 PM |
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Nice to know,
thx again for answers
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kano
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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November 03, 2015, 12:34:52 AM |
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... There are ways to optimize things, which the hardware manufacturers take advantage of to make faster, more efficient chips. For example, when trying to calculate the hash, you can stop after a very few number of operations and know for certain that continuing down that path will not lead to a valid answer. You can build that kind of logic into the chip ...
It's only a minor gain. It's an approximate 3% reduction not calculating the full hash in the last few steps of sha256, to just check if it's at least a 1 diff share. I don't think there would be any bitcoin chip manufacturer who doesn't do this. I remember one day suddenly realising this one morning when I woke up, about 2 weeks after I found out about bitcoin - 8-Aug-2011 to be exact ... then I posted on the forum asking about it ... only to find eventually that of course the GPU coders already had it in their ocl code
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DJSniperwolf
Newbie
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Activity: 38
Merit: 0
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November 03, 2015, 04:58:48 AM |
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Hey all, new to the pool. I have decided that Slush's pool and it's "sprinkling" of change on me is tough(about $4.75-$5.00 per day). I run an Antminer S4 that hashes at about 2.5TH/s.
Just picked up and revived the unit from another user, I have one more S4 with a bad beagle board and 2 bad hash boards that I am hoping to fix to use half of the units efficiency.
The one S4 should be sufficient for solo mining, yes? I realize it has somewhat low odds but I feel the power this baby consumes will not be made up from Slush's pool.
Thanks!
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JaredKaragen
Legendary
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Activity: 1848
Merit: 1166
My AR-15 ID's itself as a toaster. Want breakfast?
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November 03, 2015, 09:19:18 AM Last edit: November 03, 2015, 10:47:08 AM by -ck |
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Hey all, new to the pool. I have decided that Slush's pool and it's "sprinkling" of change on me is tough(about $4.75-$5.00 per day). I run an Antminer S4 that hashes at about 2.5TH/s.
Just picked up and revived the unit from another user, I have one more S4 with a bad beagle board and 2 bad hash boards that I am hoping to fix to use half of the units efficiency.
The one S4 should be sufficient for solo mining, yes? I realize it has somewhat low odds but I feel the power this baby consumes will not be made up from Slush's pool.
Thanks!
Presently I only have an S3 and U3 pointed at this solo pool. [altcoin pool ad removed]
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727miner
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November 03, 2015, 11:50:44 AM |
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Hey all, new to the pool. I have decided that Slush's pool and it's "sprinkling" of change on me is tough(about $4.75-$5.00 per day). I run an Antminer S4 that hashes at about 2.5TH/s.
Just picked up and revived the unit from another user, I have one more S4 with a bad beagle board and 2 bad hash boards that I am hoping to fix to use half of the units efficiency.
The one S4 should be sufficient for solo mining, yes? I realize it has somewhat low odds but I feel the power this baby consumes will not be made up from Slush's pool.
Thanks!
Yes, absolutely. One of my S4's solved a block a few months ago and my s4+ came very close (60G best share) a few weeks ago. Good luck to you!
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Cheeseater
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November 03, 2015, 01:52:14 PM |
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Wow congrats on awesome luck!
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Cheeseater
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November 03, 2015, 02:14:02 PM |
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Was that you that just hit?
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