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[kano]

The JP node just disappeared off the net (20:17 UTC)
I'm awaiting the provider to sort it out.

Edit: it 'reappeared' at 20:25 ... will wait and see if it is OK before assuming all is fine ...
Everyone mining to JP will have now reconnected but will take up to 5 minutes to fail back.

There's been a repeat performance at 20:57 UTC
JP is still dead at the moment, I'll update this post when it's alive again.

[bigolin]

I know more important things are going on....but I want to join in on this dance party.

Let's pop one!



EDIT: How am I the only one that can't get an image inline here
Must be some newbie limitation!  

[overcon]

Common Block Party!

[overcon]

I know more important things are going on....but I want to join in on this dance party.

Let's pop one!



EDIT: How am I the only one that can't get an image inline here
Must be some newbie limitation! 

HTTPS maybe ...

[bigolin]

I know more important things are going on....but I want to join in on this dance party.

Let's pop one!



EDIT: How am I the only one that can't get an image inline here
Must be some newbie limitation! 

HTTPS maybe ...

When you quote it, it displays both ways. When I post it, nothing either way. Must be a limitation.

[rifleman74]

Dancing increases the number of blocks we find. Obviously, some users haven't been doing their dance!

And the chicken?

It’s a superstition to bring good luck. There is no actual chicken. Sports players do similar things to bring good luck to the sports season like not shaving or not washing their jersey. In this case it’s a dance called the chicken dance. Look it up on YouTube. I’m sure there are a ton of chicken dance videos.

There were a few chickens with Pedro Sorrano.  

It’s very bad to drink Jobus rum. Very bad.

Hey bartender, JoeBu needs a refill!

[manduul]

Guys, I was gonna go onto Reddit and start a thread but the community here is bit more strong and more experienced imo. So, I'm gonna make the question here.

I started mining right at December and I was mining for Nicehash, then Slushpool. At Slush, I was making like .003 throughout December, because "tx fee" on top of the blocks etc. But with this difficulty increases, I'm making half of what I was making only a month ago. So, are you guys still buying the Antminer S9? March batch..?

I'm seriously thinking of mining other coins like maybe UNIT, and trade it to BTC. But then I know if that coin was more profitable, all the BTC miners would switch, so mining that different coin doesn't really make sense at the moment...

I'm also thinking of selling my S9, use the money to invest in some coins.

So, what do you think..? Are you still buying more S9 knowing that the diff will increase like sh*t..?

Sorry everybody if this was little off the topic, but I really want the opinion of experienced miners. Nobody on Reddit will know what 5Nd means, heck, I still don't get it... But you do

[mtaboneweb]

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

[rifleman74]

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

If you believe in $BTC rising in the next few years, you continue to run the miners.  If you can't afford to because you're constantly selling BTC to pay for upkeep/electricity/hosting, then maybe it's time to move on.   Just my two cents...you can still make bank off selling the s9's.

[kano]

The JP node just disappeared off the net (20:17 UTC)
I'm awaiting the provider to sort it out.

Edit: it 'reappeared' at 20:25 ... will wait and see if it is OK before assuming all is fine ...
Everyone mining to JP will have now reconnected but will take up to 5 minutes to fail back.

There's been a repeat performance at 20:57 UTC
JP is still dead at the moment, I'll update this post when it's alive again.

JP came back at 21:13 UTC - sigh 16 minutes off the air that time
This time it's an 'upstream' issue that's being followed up, hopefully no more network dropouts - there's been none since then.

[manduul]

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

BTC.com is my go-to to check stats as well. Better than Blockchain imo. I'm not panicking, but this much of a diff is definitely not what I was expecting. Only 2 good news is keeping me relaxed, 1 being Koreans now getting back into crypto legally, 2 being Lightning Network now live. But then, Koreans getting back into crypto trading makes me think I should sell my miner (if I can find a buyer) and buy buncha ICX or XRP (I don't even like XRP). And also, if Lightning Network gets "mass adoption", what the hell are we miners gonna mine for..?

[bigolin]

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

If you believe in $BTC rising in the next few years, you continue to run the miners.  If you can't afford to because you're constantly selling BTC to pay for upkeep/electricity/hosting, then maybe it's time to move on.   Just my two cents...you can still make bank off selling the s9's.

I'm with Rifleman, I'm sticking with it. I'm running 4 at the moment and I'm hoping to financially hold onto all the BTC I can. If you get in a bind and you need to dump those S9's holler at your boy! I'd even take that janky one that keeps dropping out. (at least we fixed the reboot issue together!)

[manduul]

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

If you believe in $BTC rising in the next few years, you continue to run the miners.  If you can't afford to because you're constantly selling BTC to pay for upkeep/electricity/hosting, then maybe it's time to move on.   Just my two cents...you can still make bank off selling the s9's.

I'm with Rifleman, I'm sticking with it. I'm running 4 at the moment and I'm hoping to financially hold onto all the BTC I can. If you get in a bind and you need to dump those S9's holler at your boy! I'd even take that janky one that keeps dropping out. (at least we fixed the reboot issue together!)

I used to sell half of what I mined, and kept the other half. Bought buncha NEO with it. Now I gotta sell like 90% of what I mine lol. I'm working on my own project and not working a paying job at all. I do believe in Blockchain tech and in Bitcoin. And I know the value of these will be off the roofs in the next few years, and I hope my project will be done by then. Damn

Well, mine on! Thanks guys.

[mtaboneweb]

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

If you believe in $BTC rising in the next few years, you continue to run the miners.  If you can't afford to because you're constantly selling BTC to pay for upkeep/electricity/hosting, then maybe it's time to move on.   Just my two cents...you can still make bank off selling the s9's.

I'm with Rifleman, I'm sticking with it. I'm running 4 at the moment and I'm hoping to financially hold onto all the BTC I can. If you get in a bind and you need to dump those S9's holler at your boy! I'd even take that janky one that keeps dropping out. (at least we fixed the reboot issue together!)

I'm not hurting or having to take any out to pay bills since I'd prefer to let it ride in BTC and some other coins I believe in... That being said when my 4th arrives I'll have to commit to my power upgrade from 100 amp box to 200 amp. Was planning on running 3-220V circuits into the spare bedroom where they are now powered by extension cords running throughout the house (on circuits I know are 20 amp and don't get used). That means another $3000-3500 for the work out-of-pocket.

That one that drops occasionally runs better than my other 2 when it is running but the reboot through Awesome Miner is on top of it and gets it back on track in under 5 minutes. Strange that it will go a week with no issue and then need a kick sometimes 2 days in a row. Chips never go to X's and heat not an issue it just stops hashing on 1 to 2 boards and a reboot is like nothing ever happened.

There's just a portion of me that's new and nervous and another that is unwilling to stop or give up. Hard to tell which I should listen to. Even thought about selling the 4th to pay for power upgrade but they're so hard to get and I bought all 4 of them for $1415 each before they raised the price. Hard to give it up especially since it just adds to what I can make if I continue.

Hate to even admit that I tried Forex trading as well because I could program trading strategies into Meta Trader... Should have got out of that way sooner than I did lol

[nazzer]

The JP node just disappeared off the net (20:17 UTC)
I'm awaiting the provider to sort it out.

Edit: it 'reappeared' at 20:25 ... will wait and see if it is OK before assuming all is fine ...
Everyone mining to JP will have now reconnected but will take up to 5 minutes to fail back.

There's been a repeat performance at 20:57 UTC
JP is still dead at the moment, I'll update this post when it's alive again.

JP came back at 21:13 UTC - sigh 16 minutes off the air that time
This time it's an 'upstream' issue that's being followed up, hopefully no more network dropouts - there's been none since then.

First SG, now JP ... any chance of a new node in Asia, Kano san?

[2tights]

[kano]

The JP node just disappeared off the net (20:17 UTC)
I'm awaiting the provider to sort it out.

Edit: it 'reappeared' at 20:25 ... will wait and see if it is OK before assuming all is fine ...
Everyone mining to JP will have now reconnected but will take up to 5 minutes to fail back.

There's been a repeat performance at 20:57 UTC
JP is still dead at the moment, I'll update this post when it's alive again.

JP came back at 21:13 UTC - sigh 16 minutes off the air that time
This time it's an 'upstream' issue that's being followed up, hopefully no more network dropouts - there's been none since then.

First SG, now JP ... any chance of a new node in Asia, Kano san?

Well SG happened 3 days in a row so I effectively got rid of it by pointing it at JP.

JP seems to have had a few problems, but not at the same level, so it's still where it is for now ...

[Yrth]

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

As long as ASIC mfg's keep pumping out new miners, this will keep happening. They have turned it into an arms race and you have to keep buying more to keep pace.

Alarmists have been sounding the death knell for mining and about how unprofitable mining is and will be every time a new generation of miner comes out. They keep using the same argument that you're better off to buy and hodl BTC instead of purchasing new miners. Somehow, miraculously, BTC has managed to keep pace in through increased interest and rising prices. Somehow us miners are still churning out a profit, though you have to keep adding to your hashrate if you want to keep pace.

[Aurel577]

Dancing increases the number of blocks we find. Obviously, some users haven't been doing their dance!

And the chicken?

Actually the chicken thing started a couple of years ago when a guy said he was eating chicken when we hit several blocks in a row.  So the ritual became if we needed some extra good luck during slow times we all needed to eat some chicken.  It seems that the chicken eating ritual became the chicken dance along the way somehow.

I believe this was the post that started it all...
https://bitcointalk.org/index.php?topic=789369.msg13499983#msg13499983

[clgrissom3]

Dancing increases the number of blocks we find. Obviously, some users haven't been doing their dance!

And the chicken?

Actually the chicken thing started a couple of years ago when a guy said he was eating chicken when we hit several blocks in a row.  So the ritual became if we needed some extra good luck during slow times we all needed to eat some chicken.  It seems that the chicken eating ritual became the chicken dance along the way somehow.

I believe this was the post that started it all...
https://bitcointalk.org/index.php?topic=789369.msg13499983#msg13499983

Wow!  That was a blast from the past!