minergain.com
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 Offline
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
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July 09, 2018, 01:53:16 PM |
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Nice to have another green block! And it was a decent size as of late too with 13.44613634. Thanks Cryptostar!
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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July 09, 2018, 02:05:42 PM |
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block 2018-07-09 13:45:09 UTC
cryptostarusa again :-)
Nice size block and who says Mondays are the pits?  This is our 2nd of BLOCK MONDAY! |
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Apprentice
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July 09, 2018, 02:16:37 PM |
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just pointed 8 S9s, waiting for my 5ND  |
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rifleman74
Member
Offline
Activity: 658
Merit: 21
4 s9's 2 821's
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July 09, 2018, 03:19:36 PM |
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just pointed 8 S9s, waiting for my 5ND Should be close to six days even now on the 5nd MINE ON WITH KANO-SAN! |
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BSGMiner
Member
Offline
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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July 09, 2018, 04:11:43 PM |
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Yay, blockies! Keep em rollin'
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The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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Apprentice
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July 09, 2018, 05:22:32 PM |
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is kano around? Need help with my account, already PMed.
thanks
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ccgllc
Copper Member
Full Member
Offline
Activity: 658
Merit: 101
Math doesn't care what you believe.
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July 09, 2018, 06:12:55 PM |
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is kano around? Need help with my account, already PMed.
thanks
Kano lives "down under" its the middle of the night for him now. Give him some time, I'm sure he will respond once he wakes up in a few hours. |
Mined for a living since 2017. Dabbled for years before that.
Linux admin since 0.96 kernel and Slackware distributions on (4) floppies...
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kano (OP)
Legendary
Offline
Activity: 4466
Merit: 1800
Linux since 1997 RedHat 4
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July 09, 2018, 07:07:42 PM |
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is kano around? Need help with my account, already PMed.
thanks
I see you logged in and are OK now? There was no lockout/ban in the log but I did see you verified the account  |
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Apprentice
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July 09, 2018, 07:27:20 PM |
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is kano around? Need help with my account, already PMed.
thanks
I see you logged in and are OK now? There was no lockout/ban in the log but I did see you verified the account that was hours ago. ..managed to login just now. thanks |
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kano (OP)
Legendary
Offline
Activity: 4466
Merit: 1800
Linux since 1997 RedHat 4
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July 09, 2018, 07:28:35 PM |
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
So it depends on factors that affect ROI:
1. Future technology mining roadmap e.g. introduction of 7nm
2. Bitcoin price outlook e.g. filing for Bitcoin ETF
3. Network difficulty
Any others?
wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!). after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla.... ..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion). Sounds like someone was lying to you. A miner uses less network in a day than watching a single video on youtube. Miner network per day: 18 SPM to node + tcp data reply from node Each share also has a reply from the node + tcp data reply to the node 2 work per minute from node + tcp data reply to the node 1 extra work per network block from node + tcp data reply to the node A share is about 190 bytes if the usename+worker is 17 bytes (so it can be a bit bigger or smaller dependsing on your username+workername) the tcp data reply is about 51 bytes The share reply is about 98 bytes with again a tcp reply of about 51 bytes. So total per share is about 390 bytes At 18 SPM that 18 * 60 * 24 per day = about 25920 shares per day. = about 10.1MBytes a day in sharesSecond is the work, data on one I jsut checked was 1317 bytes This cna vary a bit due to the number of transactions available - but we'll go with 1319 since it makes a nice round number the tcp data reply is again about 51 bytes. So total per work is about 1370 bytes You get 2 per minute plus one per block change = average about 2 * 60 * 24 per day + 144 blocks per day = about 2880 + 144 per day = under 4.2MBytes a day in workSo say about 15MB a day per miner ... |
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Apprentice
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July 09, 2018, 07:35:49 PM |
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
So it depends on factors that affect ROI:
1. Future technology mining roadmap e.g. introduction of 7nm
2. Bitcoin price outlook e.g. filing for Bitcoin ETF
3. Network difficulty
Any others?
wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!). after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla.... ..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion). Sounds like someone was lying to you. A miner uses less network in a day than watching a single video on youtube. Miner network per day: 18 SPM to node + tcp data reply from node Each share also has a reply from the node + tcp data reply to the node 2 work per minute from node + tcp data reply to the node 1 extra work per network block from node + tcp data reply to the node A share is about 190 bytes if the usename+worker is 17 bytes (so it can be a bit bigger or smaller dependsing on your username+workername) the tcp data reply is about 51 bytes The share reply is about 98 bytes with again a tcp reply of about 51 bytes. So total per share is about 390 bytes At 18 SPM that 18 * 60 * 24 per day = about 25920 shares per day. = about 10.1MBytes a day in sharesSecond is the work, data on one I jsut checked was 1317 bytes This cna vary a bit due to the number of transactions available - but we'll go with 1319 since it makes a nice round number the tcp data reply is again about 51 bytes. So total per work is about 1370 bytes You get 2 per minute plus one per block change = average about 2 * 60 * 24 per day + 144 blocks per day = about 2880 + 144 per day = under 4.2MBytes a day in workSo say about 15MB a day per miner ... not lying to me directly, I am aware about the miner's data usage, but that's the way it is. people at very high levels have something in mind... |
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rifleman74
Member
Offline
Activity: 658
Merit: 21
4 s9's 2 821's
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July 09, 2018, 08:08:11 PM |
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
So it depends on factors that affect ROI:
1. Future technology mining roadmap e.g. introduction of 7nm
2. Bitcoin price outlook e.g. filing for Bitcoin ETF
3. Network difficulty
Any others?
wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!). after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla.... ..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion). Sounds like someone was lying to you. A miner uses less network in a day than watching a single video on youtube. Miner network per day: 18 SPM to node + tcp data reply from node Each share also has a reply from the node + tcp data reply to the node 2 work per minute from node + tcp data reply to the node 1 extra work per network block from node + tcp data reply to the node A share is about 190 bytes if the usename+worker is 17 bytes (so it can be a bit bigger or smaller dependsing on your username+workername) the tcp data reply is about 51 bytes The share reply is about 98 bytes with again a tcp reply of about 51 bytes. So total per share is about 390 bytes At 18 SPM that 18 * 60 * 24 per day = about 25920 shares per day. = about 10.1MBytes a day in sharesSecond is the work, data on one I jsut checked was 1317 bytes This cna vary a bit due to the number of transactions available - but we'll go with 1319 since it makes a nice round number the tcp data reply is again about 51 bytes. So total per work is about 1370 bytes You get 2 per minute plus one per block change = average about 2 * 60 * 24 per day + 144 blocks per day = about 2880 + 144 per day = under 4.2MBytes a day in workSo say about 15MB a day per miner ... not lying to me directly, I am aware about the miner's data usage, but that's the way it is. people at very high levels have something in mind... Nah, it's just an excuse. |
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BSGMiner
Member
Offline
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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July 09, 2018, 08:15:54 PM |
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
[...]
Any others?
What I've been noodling around recently has been the following: 1) How much does Kano's TradeBTC calculator estimate that my miner will get over the next 365 days--assuming it will last that long? (In my case: 0.03  ) 2) How much does Kano's TradeBTC calculator estimate that a new miner will get over the next 365 days--assuming it will last that long? (Avalon 841: 0.14 ) 3) How much does that new miner cost? (For an 841: 0.11  ) 4) How much BTC do I already have? 5) How much much $ am I willing to invest? Essentially, it comes down to simple math whether this will work out better or worse for your situation... |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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rifleman74
Member
Offline
Activity: 658
Merit: 21
4 s9's 2 821's
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July 09, 2018, 08:29:01 PM |
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
[...]
Any others?
What I've been noodling around recently has been the following: 1) How much does Kano's TradeBTC calculator estimate that my miner will get over the next 365 days--assuming it will last that long? (In my case: 0.03 ) 2) How much does Kano's TradeBTC calculator estimate that a new miner will get over the next 365 days--assuming it will last that long? (Avalon 841: 0.14 ) 3) How much does that new miner cost? (For an 841: 0.11 ) 4) How much BTC do I already have? 5) How much much $ am I willing to invest? Essentially, it comes down to simple math whether this will work out better or worse for your situation... And if you believe that BTC will rise a bit within that next year. That also helps. |
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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July 10, 2018, 02:43:21 AM |
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Hahaha! Kano took care of the spammer!  |
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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July 10, 2018, 02:56:29 AM |
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Block by sidewinder! A fast start for our 1st of BLOCK TUESDAY! |
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mercurye
Newbie
Offline
Activity: 51
Merit: 0
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July 10, 2018, 05:32:49 AM |
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
[...]
Any others?
What I've been noodling around recently has been the following: 1) How much does Kano's TradeBTC calculator estimate that my miner will get over the next 365 days--assuming it will last that long? (In my case: 0.03 ) 2) How much does Kano's TradeBTC calculator estimate that a new miner will get over the next 365 days--assuming it will last that long? (Avalon 841: 0.14 ) 3) How much does that new miner cost? (For an 841: 0.11 ) 4) How much BTC do I already have? 5) How much much $ am I willing to invest? Essentially, it comes down to simple math whether this will work out better or worse for your situation... And if you believe that BTC will rise a bit within that next year. That also helps. Thats the ultimate question, if BTC rises. The more investment, the better. Looks like I have the right line of thoughts just a matter of pulling out from fiat wallet rather than BTC, since BTC price is not encouraging at the moment. |
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Apprentice
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July 10, 2018, 07:06:12 AM |
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still unable to setup 2FA, no matter what I do!
always giving invalid code
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Apprentice
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July 10, 2018, 09:32:04 AM |
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just pointed 8 S9s, waiting for my 5ND Should be close to six days even now on the 5nd MINE ON WITH KANO-SAN!is reaching the 5ND relative to the hashrate? |
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kano (OP)
Legendary
Offline
Activity: 4466
Merit: 1800
Linux since 1997 RedHat 4
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July 10, 2018, 09:59:54 AM |
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still unable to setup 2FA, no matter what I do!
always giving invalid code
Use the apps suggested on the web site and make sure your device has the correct time to the second. You can check the time is correct on your device by just going to https://kano.is/In the bottom left is the correct current server UTC time. In the bottom right is the local time your device thinks it is. Check they have the same or very close MM:SS They are quite small so you'll have to expand them to read them. If they are more than a few seconds different then you will regularly have trouble using 2FA as it explains on the 2FA page. It they are out by 30 seconds then you wont be able to ever get it right. |
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