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Author Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01  (Read 323921 times)
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in2tactics
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September 04, 2016, 10:20:29 AM
 #1141

Finally, we are on to the next block. GREEN GREEN GREEN Smiley

Current HW: 2x Apollo
Retired HW: 3x 2PAC, 3x Moonlander 2, 2x AntMiner S7-LN, 5x AntMiner U1, 2x ASICMiner Block Erupter Cube, 4x AntMiner S3, 4x AntMiner S1, GAW Black Widow, and ZeusMiner Thunder X6
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September 04, 2016, 06:33:31 PM
 #1142

Two in a row, boom!! :-D

https://www.youtube.com/watch?v=YU8KFnRYKms
gt_addict
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September 04, 2016, 07:15:41 PM
 #1143

Come on three in a row!!!

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in2tactics
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September 05, 2016, 05:30:33 AM
 #1144

Come on three in a row!!!
I am kind of bummed because one of my miners glitched out and it was only mining at 20% speed for 4 shifts. A whole day went by before I noticed. UGH

Current HW: 2x Apollo
Retired HW: 3x 2PAC, 3x Moonlander 2, 2x AntMiner S7-LN, 5x AntMiner U1, 2x ASICMiner Block Erupter Cube, 4x AntMiner S3, 4x AntMiner S1, GAW Black Widow, and ZeusMiner Thunder X6
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September 22, 2016, 08:47:43 PM
Last edit: September 23, 2016, 07:36:29 PM by cenicsoft
 #1145

Hey Doc, at what point does it no longer become viable for you to keep Bitminter going? Based upon 8 blocks a month, in fees, you're making less than $100/block. I'm sure in time and resources, it costs much more than that to run the pool. Do you do it out of your good heart or maybe the advertisements you run make it worth it?

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in2tactics
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September 23, 2016, 07:28:48 AM
 #1146

Hey Doc, at what point does it no longer become viable for you to keep Bitminter going? Based upon 8 blocks a month, in fees, you're making less than $100/mo. I'm sure in time and resources, it costs much more than that to run the pool. Do you do it out of your good heart or maybe the advertisements you run make it worth it?
A quick back of the napkin calculation tells me that for a 12.5 BTC block not including transaction fees, DrHaribo takes home 0.125 BTC per block. If BitMinter averages 8 blocks a month, DrHaribo takes home 1.0 BTC a month. That is certainly more than $100/mo, but I would agree that it is likely below the break-even point even if you include transaction fees.

Current HW: 2x Apollo
Retired HW: 3x 2PAC, 3x Moonlander 2, 2x AntMiner S7-LN, 5x AntMiner U1, 2x ASICMiner Block Erupter Cube, 4x AntMiner S3, 4x AntMiner S1, GAW Black Widow, and ZeusMiner Thunder X6
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September 23, 2016, 07:35:19 PM
 #1147

Hey Doc, at what point does it no longer become viable for you to keep Bitminter going? Based upon 8 blocks a month, in fees, you're making less than $100/block. I'm sure in time and resources, it costs much more than that to run the pool. Do you do it out of your good heart or maybe the advertisements you run make it worth it?
A quick back of the napkin calculation tells me that for a 12.5 BTC block not including transaction fees, DrHaribo takes home 0.125 BTC per block. If BitMinter averages 8 blocks a month, DrHaribo takes home 1.0 BTC a month. That is certainly more than $100/mo, but I would agree that it is likely below the break-even point even if you include transaction fees.

Oops. Meant less than $100/block, not month.
$600/mo. may pay the hard costs with low cost VPS/self managed dedicated servers. Considering the time expenditure for keeping things running, it's probably a loss.

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September 23, 2016, 09:13:24 PM
 #1148

Well, I don't get rich. But the pool lives on. Smiley

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in2tactics
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September 23, 2016, 09:55:11 PM
 #1149

Well, I don't get rich. But the pool lives on. Smiley
I appreciate your continued commitment to providing a quality service.

Current HW: 2x Apollo
Retired HW: 3x 2PAC, 3x Moonlander 2, 2x AntMiner S7-LN, 5x AntMiner U1, 2x ASICMiner Block Erupter Cube, 4x AntMiner S3, 4x AntMiner S1, GAW Black Widow, and ZeusMiner Thunder X6
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September 27, 2016, 08:53:42 PM
 #1150

Well, I don't get rich. But the pool lives on. Smiley
I appreciate your continued commitment to providing a quality service.
As do I, this is the only pool I mine to currently, less than 100GH/s, but hey at least I'm still mining! 
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September 27, 2016, 09:03:40 PM
 #1151

Thanks guys, the support is much appreciated. Smiley

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tgikal
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October 08, 2016, 02:19:25 AM
 #1152

So when's the next block!?

I just got my 1200 GH\s miner running, so I guess I'm contributing something, one of those TH\s is me.
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October 08, 2016, 09:53:14 AM
 #1153

So when's the next block!?

I just got my 1200 GH\s miner running, so I guess I'm contributing something, one of those TH\s is me.

Patience is a virtue Wink

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October 16, 2016, 07:23:58 PM
 #1154

Awh, the reds return - and she's a big one! :-(
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October 16, 2016, 07:35:01 PM
 #1155

Certainly is a big one. But we've always got through it. Hopefully a couple of greens will follow in quick succession *crosses fingers*

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gt_addict
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October 17, 2016, 04:17:53 PM
 #1156

95%??!!!! Come on lets get it done and have a nice shiny green one afterwards please!

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October 18, 2016, 10:43:23 PM
 #1157

Patience is a virtue Wink

*sigh*  Cry
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October 18, 2016, 11:14:29 PM
 #1158

Enough with the namecoin blocks. Let's hit some bitcoin!

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styleruk
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October 19, 2016, 07:58:29 AM
 #1159

Dear Lord!  Come on already!
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October 19, 2016, 06:29:06 PM
 #1160

Could this possibly be the first 100% block? Is that even possible? or does the world end?  Cheesy

**SUPPORT SIDEHACK** Miner Development Donations to:  1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr

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