Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01

[gt_addict]

If I had 50Th of my own gear is rent all the time aswell. But ant afford to seeing as my little S3's don't pull in much of a share. I rent from time to time but never see a return on it. Not unless we hit double blocks which is rare these days for some reason.

[DrHaribo]

How high a stale ratio do you get?

I would expect US east versus west would be a difference in stales of about 0.01% and 0.02%

In other words, it's not really going to help.

The problem with renting is that the rented hashes are going through the rental service, creating a lot more latency.

I'm not sure how specific rental services are set up, but imagine the worst case: a miner in Europe is rented out, but connected to a rental service server in the US, and you ask the rental service to deliver the hashes to the Bitminter server in Europe. Any communication between the miner and the Bitminter server is going to cross the Atlantic twice. This is bad.

[DrHaribo]

Thanks for the opinions on the shift length.

I do concur with scyth3. However, based on my previous assessment, I would also opine that having a greater risk versus reward ratio will attract more renters looking for a higher potential payout and will therefore increase the pool's average hashing rate.

Personally I agree. It seems pointless to gamble with a small jackpot and with the odds stacked against you (as they always are at casinos and when renting overpriced hashes). On the other hand, people do play the penny slots at casinos for hours. There must be some attraction to it.

[jonnybravo0311]

On the other hand, people do play the penny slots at casinos for hours. There must be some attraction to it.

It's the draw of the risk to reward ratio.  You risk relatively little to hope for a very large return.  Sometimes it works.  The vast majority of the time it does not.

That and there are so many shiny lights to mesmerize you!

[gt_addict]

Bravo Fefox! Whats your secret? Some super duper code you've written yourself?

[AriesIV10]

Hello,

Bitmain just came out with the ANTMINER S7 BATCH 15 for $582 USD (1.4 BTC).  I have quite a few coupons for $100.00 USD each.  I can give out one per person.  Just PM me with your Bitmain Address and I will donate one to you.  We have to increase this pool to compete with the big boys!

[gt_addict]

Fefox, fancy working your magic on this block please? 

[DrHaribo]

Bitmain just came out with the ANTMINER S7 BATCH 15 for $582 USD (1.4 BTC).  I have quite a few coupons for $100.00 USD each.  I can give out one per person.  Just PM me with your Bitmain Address and I will donate one to you.  We have to increase this pool to compete with the big boys!

Awesome move. Thank you!

[AriesIV10]

WooooHooooooo 5th. Great Job!

hehe - Do It Again!

----------------------

I will donate 2 each $100.00 Bitmain Coupons to each person that solves a BLOCK until the 11th of April.  Just PM me with your Bitmain Address and I will donate one to you once you solve a block.  

Let's ROCK this Pool!

5th, PM me with your Bitmain Address.  Congrats!

EDIT:  11th of April.

[jonnybravo0311]

Pretty sure you meant 11th of April

WooooHooooooo 5th. Great Job!

hehe - Do It Again!

----------------------

I will donate 2 each $100.00 Bitmain Coupons to each person that solves a BLOCK until the 11th of March.  Just PM me with your Bitmain Address and I will donate one to you once you solve a block. 

Let's ROCK this Pool!

5th, PM me with your Bitmain Address.  Congrats!

[AriesIV10]

Pretty sure you meant 11th of April

WooooHooooooo 5th. Great Job!

hehe - Do It Again!

----------------------

I will donate 2 each $100.00 Bitmain Coupons to each person that solves a BLOCK until the 11th of March April.  Just PM me with your Bitmain Address and I will donate one to you once you solve a block.  

Let's ROCK this Pool!

5th, PM me with your Bitmain Address.  Congrats!

Yes, Changed it to the 11th of April.  Thanks!

[wmabern]

Can anyone recommend a reputable and fair exchange to transfer NMC to BTC's? I have seen a few online, but also heard that some are scams.

I know they aren't worth much, but better to change them over than have them just sitting in my account collecting dust.
Thanks.

[not.you]

Can anyone recommend a reputable and fair exchange to transfer NMC to BTC's? I have seen a few online, but also heard that some are scams.

I know they aren't worth much, but better to change them over than have them just sitting in my account collecting dust.
Thanks.

poloniex.com

[wmabern]

Thank you. I guess I'll collect a few hundred more to make it worth my while. 

[wmabern]

I should have gotten in with some rented high hash rate at about 2 1/2 days duration to get some high shift %.
But, I figured with my luck it would be hit right as soon as I did that. 
Oh well....
 

[in2tactics]

Can anyone recommend a reputable and fair exchange to transfer NMC to BTC's? I have seen a few online, but also heard that some are scams.

https://shapeshift.io/ has been around for awhile and they make it stupid easy.

[wmabern]

Thanks!

[in2tactics]

The pool luck has been miserable these last few blocks.

[gt_addict]

Certainly hasn't been good. Maybe that's why it looks like Aries has jumped ship and the total pool hashrate dropped down to 2800ghs, lowest I've seen it since I started mining. But maybe Doc can work some magic and get us back to double blocks every so often. 

[in2tactics]

https://bitminter.com/block/btc/0000000000000000048e68f5b3460389a67274ce7b7ce3ee61772c39f1f7d059

Finally, on to the next one!