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Author Topic: [120PH] ckpool.org ZERO FEE SPLNS no registration mining pool US/DE/CN  (Read 92089 times)
-ck
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July 20, 2018, 03:59:51 AM
Merited by frodocooper (1)
 #2181

Looking at the BTC.com page and the CKPool stats, one has to smile  Grin

A trend is developing......

could it be a block a day keeps the doctor away?
But I'm still here... must be some other doctor.

Primary developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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July 20, 2018, 04:14:29 AM
 #2182

I'll take a block a day here or ck's solo pool. Either or is great.  Wink

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July 20, 2018, 05:19:03 AM
 #2183

Estimated 12% increase next difficulty jump. Unreal, I liked it going down 4% last week.

 Bitcoin/Altcoin mining hosting available!    (https://bitcointalk.org/index.php?topic=4458788.0[/url)
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July 20, 2018, 05:36:33 AM
 #2184

Wow, guess I need to get the exhaust situation worked out so I can stay powered on. We have another run of hot days coming next week, back to high 90's and 90F is about my limit right now to keep all four on. Why such a large increase?

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July 20, 2018, 09:13:49 AM
 #2185

 Cheesy Congratulation to 1ME5MsDjRUide4AHFpWRrAWnghZsxYh4f2 for the block!

this comes a bit late, but better late then never.

Yesterday I was unable to log in, today I could log in (this google captcha shit need to be replaced, or fixed)

http://ckpool.org "THE Pool" from the creator of CGMiner & CKPool / Payout System:SPLNS / ZERO FEE!
------------------------------------------- join now -----------------------------------------------
http://solo.ckpool.org for Solominers with the best block notify system
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July 20, 2018, 03:00:56 PM
 #2186

Estimated 12% increase next difficulty jump. Unreal, I liked it going down 4% last week.
I've been wondering about this. It seems the bitcoin asics are at their limit for improvement. Even the latest 10nm
chips are barely better than the 16nm S9s. I've read that 7nm is being developed but that it won't help asics because
the heat involved in mining decreases the effectiveness of thinner wafers. Unless the price of bitcoin jumps up dramatically
before the next difficulty jump, it will not be profitable even with the lowest power rates available. However, if this happens
the global hashrate will decrease quickly thus decreasing the difficulty. Hopefully the profitability will stabilize again to about
where it is now. Next year's mantra will be "decrease power consumption". Look at the s9i that bitmain recently put out.
The design was solely to save energy and does not increase hashrate.

Quickly as you can snatch the bitcoin from my hand
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July 20, 2018, 03:28:51 PM
 #2187

Just got this email from Hashflare:
"Dear users!
 As you know, the last few months have been a difficult time for the cryptocurrency market, which has also affected the operation of our service.
We have made every possible effort in order to resolve the problem that has arisen – for instance, we have considered a variety of technical solutions, which would have allowed us to lower expenses related to maintenance and electricity. However, due to the general instability of the market, the actions we have taken could not significantly influence the current situation.
For over a month our users encountered a situation when the payouts were lower than the maintenance fees, resulting in zero accruals to the balance. As of 18.07.2018, the payouts were lower than maintenance for 28 consecutive days.
BTC mining continues being unprofitable, in light of which we would like to inform you that on 18.07.2018 we were forced to start disabling SHA hardware and today, on 20.07.2018, stop the mining service of active SHA-256 contracts in accordance with clause 5.5 of our Terms of Service, which are required to be accepted when creating a purchase and are the basis of concluding the contract.
We expect that the cryptocurrency market situation will stabilize in the nearest future and we will be able to offer our users new advantageous solutions.
We will continue to inform you about any changes. Stay tuned for updates!
Respectfully,

HashFlare team"

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July 20, 2018, 03:52:38 PM
 #2188

Just got this email from Hashflare:
...[stuff]...
With as much respect as I can muster: cloudmining is for suckers that can't math.  Roll Eyes

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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July 20, 2018, 04:15:58 PM
 #2189

Just got this email from Hashflare:
...[stuff]...
With as much respect as I can muster: cloudmining is for suckers that can't math.  Roll Eyes
You are right to a point. But my point is the global hashrate will go down when the profitability sinks like it has been.
The best place to be is ckpool which saves you energy costs if you have T1 miners and has a 0% fee with transaction
fees going to the miners. As more and more miners realize their profits are going down at other pools, they hopefully will
find a port in the storm at ckpool. By the way, I finished a 1 year ethereum contract with Hashflare and made a good profit,
but I never liked their high priced contracts for bitcoin. Wouldn't have touched them with a 10 foot pole.

Quickly as you can snatch the bitcoin from my hand
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July 20, 2018, 06:04:12 PM
 #2190

... As more and more miners realize their profits are going down at other pools, they hopefully will
find a port in the storm at ckpool...
2 things have to happen
1) a run that overcomes our historical bad luck (so that "feels good" happens)
2) people need to learn math

Time and again, I see people that need "instant gratification" and their "greed" for that blinds them to the mathematical fact that their actions run counter to their greed goals. Beyond that, I don't see why this pool didn't massively grow more at any given point in the last year.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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July 20, 2018, 11:31:29 PM
 #2191


Time and again, I see people that need "instant gratification" and their "greed" for that blinds them to the mathematical fact that their actions run counter to their greed goals. Beyond that, I don't see why this pool didn't massively grow more at any given point in the last year.

It was an adjustment for me earlier in April when I moved here when our hash rate was 15PH or so. Now, it should be much "easier" or comfortable for people to switch over. Once people learn more about tx fees, scoring, and payouts they'll tend to show up.

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July 20, 2018, 11:49:38 PM
 #2192

... As more and more miners realize their profits are going down at other pools, they hopefully will
find a port in the storm at ckpool...
2 things have to happen
1) a run that overcomes our historical bad luck (so that "feels good" happens)
2) people need to learn math

Time and again, I see people that need "instant gratification" and their "greed" for that blinds them to the mathematical fact that their actions run counter to their greed goals. Beyond that, I don't see why this pool didn't massively grow more at any given point in the last year.
I don't think some people will ever do the math. I hear about people mining in places where the electricity costs are .20/kwh and they are running something like an S7
and they wonder why they aren't making any money let alone getting any kind of a payout at their pool of choice. Once it is pointed out to them they shouldn't be mining
with an S7 where electricity rates are high, they usually reply that mining is just a hobby to them. Go figure.

Quickly as you can snatch the bitcoin from my hand
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Today at 12:28:38 AM
Merited by TheQuin (1)
 #2193

I don't think some people will ever do the math. I hear about people mining in places where the electricity costs are .20/kwh and they are running something like an S7
and they wonder why they aren't making any money let alone getting any kind of a payout at their pool of choice. Once it is pointed out to them they shouldn't be mining
with an S7 where electricity rates are high, they usually reply that mining is just a hobby to them. Go figure.
This is not as simple as people are being stupid by the way. When I first started mining, I was mining with GPUs that cost more in electricity to run than the worth of BTC it earned at the time. We did it for many reasons; a combination of it being fun, interesting, challenging, we felt like we were contributing to the network and bitcoin growth on the whole, and we earned some bitcoin that may or may not have been worth something in the future. We did NOT just bet on bitcoin's value going up as a way of earning money. If you are mining at a cost equal to or greater than it earns you in bitcoin, and doing so for "profit", you are betting on the value of bitcoin going up - and it's the hardest possible way to earn bitcoin given that equation; it's more effective to just convert $ to BTC, but then you lose all the other aspects I mentioned earlier.

So mining with an S7 or 2 or 3 at a loss is not as stupid as it appears really, but mining with hundreds of them thinking you're earning money probably isn't the smartest thing in the world to do...

Primary developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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Today at 04:44:12 AM
 #2194

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.
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Today at 04:48:27 AM
 #2195

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.
Work is not "erased". Your payout simply dropped from not contributing for 48 hours so you'll get paid for all the shares you submitted before that and any you submit after that. There is no such thing as "superseding" someone else's work. It's silly to worry about downtime thinking that somehow you won't get paid for it - of course you won't get paid for the period you're not mining... but it has no effect on the period you are mining for. The ramp up/down is about 2 weeks long. If it's not worth mining here, then it's not worth mining ANYWHERE with such a small hashrate. This pool has the fairest small miner/dust payout management you'll find anywhere.

Primary developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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Today at 10:50:35 AM
 #2196

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.

I would argue that  100gh of gear should solo mine

Your numbers are tiny  the power used is more then the   3 cents a day you would earn.

At 3 cents a day  it will take you more then a year  to get to  10 dollars  which is when you would be paid as I think  we are paying at about the 10 dollar level.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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Today at 12:48:50 PM
 #2197

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.

I would argue that  100gh of gear should solo mine

Your numbers are tiny  the power used is more then the   3 cents a day you would earn.

At 3 cents a day  it will take you more then a year  to get to  10 dollars  which is when you would be paid as I think  we are paying at about the 10 dollar level.
You start getting into the queue for a payout once you've accumulated the dust limit which is only 5640 satoshi or 0.00005640 BTC, so much less than 10 dollars, but on average small miners are postponed about 11 blocks at the moment from when they hit the payout limit.

Primary developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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