-ck
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Activity: 4284
Merit: 1645
Ruu \o/
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January 01, 2015, 09:25:45 AM |
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Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock: http://bitcoinclock.com/Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes) |
Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
-ck
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wajiminer
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January 01, 2015, 05:25:16 PM |
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Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock: http://bitcoinclock.com/Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes) Thank You very much!!! Book Marking it now... After that news, I will most definitely invest in rigs and power upgrade to the house to assure I have a minimum of 130 TH/s by the end of the year. That is excellent news to hear. how is that excellent news? |
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wajiminer
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January 01, 2015, 05:32:19 PM |
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Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock: http://bitcoinclock.com/Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes) Thank You very much!!! Book Marking it now... After that news, I will most definitely invest in rigs and power upgrade to the house to assure I have a minimum of 130 TH/s by the end of the year. That is excellent news to hear. how is that excellent news? It's excellent if one thought it was December 2015; like I did. No I'm wondering why block halving in general would be considered good news? We would be getting less per block found, and theres absolutely no guarantee price will go up |
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wajiminer
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January 01, 2015, 05:44:55 PM |
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Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock: http://bitcoinclock.com/Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes) Thank You very much!!! Book Marking it now... After that news, I will most definitely invest in rigs and power upgrade to the house to assure I have a minimum of 130 TH/s by the end of the year. That is excellent news to hear. how is that excellent news? It's excellent if one thought it was December 2015; like I did. No I'm wondering why block halving in general would be considered good news? We would be getting less per block found, and theres absolutely no guarantee price will go up I don't care what you are "wondering" about 'WHY" I asked "MY" question. I'm telling you I asked it cause I first thought it would be December, 2015. Anyone would know one would be getting fewer bitc per block when it halves. I just wanted to know WHEN it halved. Go try to put words in someone else's mouth. Not working here buddy! I'm sorry if that came across badly.. I didn't mean it in a derogatory manner... i get it now that I reread it, you thought it would half in 2015 but it's 2016  I thought I was missing something and there was a benefit to block halving.. sorry for the mixup |
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kano (OP)
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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January 01, 2015, 08:13:31 PM |
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Block reward halving is every 210,000 blocks First one from 50 to 25 was Nov 2012. From https://blockchain.info/block-height/209999 to https://blockchain.info/block-height/210000Next one (420,000) from 25 to 12.5 will be about Oct-Nov 2016. 210,000 blocks is ~4 years at 10 minutes per block. Since difficulty has almost always gone up since 210,000 and thus on average blocks have been less than 10 minutes, it will most likely be less than 4 years between 210,000 and 420,000 |
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kano (OP)
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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January 01, 2015, 08:26:18 PM |
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No I'm wondering why block halving in general would be considered good news? We would be getting less per block found, and theres absolutely no guarantee price will go up
I don't care what you are "wondering" about 'WHY" I asked "MY" question. I'm telling you I asked it cause I first thought it would be December, 2015. Anyone would know one would be getting fewer bitc per block when it halves. I just wanted to know WHEN it halved. Go try to put words in someone else's mouth. Not working here buddy! Hmm, OK, not sure what is wrong with asking "why" ... Indeed the drop from 50 -> 25 did not trigger a double in the price of bitcoin, so it was indeed an immediate (temporary) loss in mining revenue. |
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aurel57
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Activity: 1274
Merit: 1000
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January 02, 2015, 11:13:10 AM |
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#337099 found. Now we need a couple fast and green blocks...
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hurricandave
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Activity: 966
Merit: 1003
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January 02, 2015, 11:59:18 AM |
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Aaaaannnd we gotta greeny  |
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kano (OP)
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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January 02, 2015, 12:06:47 PM |
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Glad to see the pool behaving as it should ... random |
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hurricandave
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Activity: 966
Merit: 1003
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January 03, 2015, 03:25:20 AM |
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gotta nother |
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kano (OP)
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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January 04, 2015, 04:29:06 AM |
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337099 and 337109 payouts sent and confirmed The new block (337209) +101 confirmed 337109  Payout 337209 sent and confirmed Payout 337274 sent and confirmed |
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Blazed
Casascius Addict
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Activity: 2128
Merit: 1119
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January 04, 2015, 02:56:45 PM |
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gotta nother Last 48 hours have been really really nice. Let's keep these fast blocks rolling in please. |
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kano (OP)
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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January 04, 2015, 10:48:27 PM |
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Payouts 337346 and 337351 sent
... and confirmed Payout 337389 sent and confirmed |
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bgibso01
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Activity: 1218
Merit: 1001
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January 05, 2015, 02:28:18 AM |
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Kano,
Is there a way to delete some workers from our pool under manage workers tab?
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kano (OP)
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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January 05, 2015, 05:11:17 AM |
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Kano,
Is there a way to delete some workers from our pool under manage workers tab?
You wont ever be able to 'delete' workers. However, on the 7 mile long todo list there will be an option to ignore workers with no results more than some limit in the past. I'll sort out how that's handled when I get to it - still not 100% decided. |
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hurricandave
Legendary
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Activity: 966
Merit: 1003
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January 05, 2015, 05:13:48 AM |
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Kano,
Is there a way to delete some workers from our pool under manage workers tab?
You wont ever be able to 'delete' workers. However, on the 7 mile long todo list there will be an option to ignore workers with no results more than some limit in the past. I'll sort out how that's handled when I get to it - still not 100% decided. Just need a hide button under management tab |
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bgibso01
Legendary
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Activity: 1218
Merit: 1001
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January 05, 2015, 01:18:16 PM |
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Kano,
Is there a way to delete some workers from our pool under manage workers tab?
You wont ever be able to 'delete' workers. However, on the 7 mile long todo list there will be an option to ignore workers with no results more than some limit in the past. I'll sort out how that's handled when I get to it - still not 100% decided. Gotcha thanks. |
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wajiminer
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January 05, 2015, 02:48:26 PM |
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We lose lightsword ??
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kano (OP)
Legendary
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Activity: 4620
Merit: 1851
Linux since 1997 RedHat 4
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January 06, 2015, 01:29:39 AM |
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We lose lightsword ??
He's been bouncing up and down - but he's still there. 337570 Payout sent and confirmed. |
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ZACHM
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January 06, 2015, 03:59:00 AM |
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Just added my 4.5TH to the pool.
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