sorry2xs
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May 21, 2015, 05:22:44 PM |
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so in the Bitcoin mining industry the hardware miner caries the largest financial burden versus the pool operator,with that said the miner can exist alone while the pool can't exist without the hardware owner.
The hardware miner also reaps the biggest reward, you have to weigh that into account and look at net cost, not gross. well me speak for my situation right now summer in south Florida my hashrate is @ about 9.5 TH/s my power company meter is reading 16.5 kw/h @ 012 cent a kw/h, 500 kw/h belongs to personal home use, my net earning a month does not allow me to lease a new BMW every 2 years HaHa, when factoring in the cost of mining hardware versus sever cost which i have priced on ebay with 4/6 core xeon cpus and 128 gib of ram with no hard drives for around 2500.00 US miners take the biggest risks and until kano.is pool was launched the other pplns pools kept our submitted shares when the miners disconnected form their pool whether it was by choice or ISP or Power failures all under the guise of preventing a Raulo's attack, and with i will not cry the expences of oeprating a pool........
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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sorry2xs
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May 21, 2015, 05:50:17 PM |
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I have a question that really isn't specific to this pool, but I'll ask here anyway:
What do pool operators expect to do as the result of a halving next year? While I am not a pool operator, I expect most of the operational costs are largely fixed, and paid for in the appropriate currency for your operation. It would seem like your income will get cut in half (as measured in BTC, not percentage) along with your mining "clients".
Any thoughts on this, or does this need to go to a different thread?
what happens to network diff. when it splits also I hope price of btc to double maybe
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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jonnybravo0311
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Mine at Jonny's Pool
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May 21, 2015, 05:59:26 PM |
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I have a question that really isn't specific to this pool, but I'll ask here anyway:
What do pool operators expect to do as the result of a halving next year? While I am not a pool operator, I expect most of the operational costs are largely fixed, and paid for in the appropriate currency for your operation. It would seem like your income will get cut in half (as measured in BTC, not percentage) along with your mining "clients".
Any thoughts on this, or does this need to go to a different thread?
what happens to network diff. when it splits also I hope price of btc to double maybe The same thing that happened when block rewards went from 50 to 25. Fewer coins generated per block. We all hope the price of BTC rises to match, and maybe it will. As for network difficulty, there's nothing magical about it. The network will adjust according to how long it takes to find 2016 blocks as it always has.
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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sorry2xs
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May 21, 2015, 06:11:16 PM |
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I have a question that really isn't specific to this pool, but I'll ask here anyway:
What do pool operators expect to do as the result of a halving next year? While I am not a pool operator, I expect most of the operational costs are largely fixed, and paid for in the appropriate currency for your operation. It would seem like your income will get cut in half (as measured in BTC, not percentage) along with your mining "clients".
Any thoughts on this, or does this need to go to a different thread?
what happens to network diff. when it splits also I hope price of btc to double maybe The same thing that happened when block rewards went from 50 to 25. Fewer coins generated per block. We all hope the price of BTC rises to match, and maybe it will. As for network difficulty, there's nothing magical about it. The network will adjust according to how long it takes to find 2016 blocks as it always has. i was hoping it too would also halve
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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alh
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May 21, 2015, 06:53:42 PM |
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I have a question that really isn't specific to this pool, but I'll ask here anyway:
What do pool operators expect to do as the result of a halving next year? While I am not a pool operator, I expect most of the operational costs are largely fixed, and paid for in the appropriate currency for your operation. It would seem like your income will get cut in half (as measured in BTC, not percentage) along with your mining "clients".
Any thoughts on this, or does this need to go to a different thread?
what happens to network diff. when it splits also I hope price of btc to double maybe The same thing that happened when block rewards went from 50 to 25. Fewer coins generated per block. We all hope the price of BTC rises to match, and maybe it will. As for network difficulty, there's nothing magical about it. The network will adjust according to how long it takes to find 2016 blocks as it always has. i was hoping it too would also halve The network difficulty is driven by the rate at which blocks are found, not how many Bitcoins are "contained" within the block. The only way difficulty falls, is if the hash rate falls. Only if miners disappear from the network will difficulty fall. Think of the halving has having your wage rate cut in half, not the number hours you work in the week.
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sorry2xs
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May 21, 2015, 07:55:35 PM |
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I have a question that really isn't specific to this pool, but I'll ask here anyway:
What do pool operators expect to do as the result of a halving next year? While I am not a pool operator, I expect most of the operational costs are largely fixed, and paid for in the appropriate currency for your operation. It would seem like your income will get cut in half (as measured in BTC, not percentage) along with your mining "clients".
Any thoughts on this, or does this need to go to a different thread?
what happens to network diff. when it splits also I hope price of btc to double maybe The same thing that happened when block rewards went from 50 to 25. Fewer coins generated per block. We all hope the price of BTC rises to match, and maybe it will. As for network difficulty, there's nothing magical about it. The network will adjust according to how long it takes to find 2016 blocks as it always has. i was hoping it too would also halve The network difficulty is driven by the rate at which blocks are found, not how many Bitcoins are "contained" within the block. The only way difficulty falls, is if the hash rate falls. Only if miners disappear from the network will difficulty fall. Think of the halving has having your wage rate cut in half, not the number hours you work in the week. wow, an employer tried that tactic on me once...
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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kano (OP)
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May 21, 2015, 11:03:41 PM |
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... wow, an employer tried that tactic on me once...
Bitcoin does it to it's employees (miners) every 210,000 blocks (~4years)
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sorry2xs
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May 21, 2015, 11:28:02 PM |
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... wow, an employer tried that tactic on me once...
Bitcoin does it to it's employees (miners) every 210,000 blocks (~4years) well maybe demand would have increased and cause a increase in the price of Bicoin and give its employees a raise.
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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SergES
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May 25, 2015, 04:07:16 PM |
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It works...180 hours not block.
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scotty2u2
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May 25, 2015, 04:15:12 PM |
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thedreamer
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Go Big or Go Home.....
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May 25, 2015, 04:22:43 PM |
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Cool the forum's back. Took a while. LOL.
On another note. OMFG, still no block!?!
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Go Big or Go Home.
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sorry2xs
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Dark Passenger Bitcoin miner 2013,Bitcoin node
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May 25, 2015, 04:43:47 PM |
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Cool the forum's back. Took a while. LOL.
On another note. OMFG, still no block!?!
Would it be to creepy to say i missed it???
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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thedreamer
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Go Big or Go Home.....
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 25, 2015, 04:46:51 PM |
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Cool the forum's back. Took a while. LOL.
On another note. OMFG, still no block!?!
Would it be to creepy to say i missed it??? You and me both. Also since I'm putting up a lot of my Miners for sale and don't want to deal with Ebay BS. Kano, please!!! restart the darn pool a few times to kick it in the ass.. Thank You. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Go Big or Go Home.
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sorry2xs
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Dark Passenger Bitcoin miner 2013,Bitcoin node
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May 25, 2015, 05:16:00 PM |
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Cool the forum's back. Took a while. LOL.
On another note. OMFG, still no block!?!
Would it be to creepy to say i missed it??? You and me both. Also since I'm putting up a lot of my Miners for sale and don't want to deal with Ebay BS. Kano, please!!! restart the darn pool a few times to kick it in the ass.. Thank You. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) can you pm me with the info
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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CapnBDL
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May 25, 2015, 08:01:54 PM |
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Cool the forum's back. Took a while. LOL.
On another note. OMFG, still no block!?!
Would it be to creepy to say i missed it??? You and me both. Also since I'm putting up a lot of my Miners for sale and don't want to deal with Ebay BS. Kano, please!!! restart the darn pool a few times to kick it in the ass.. Thank You. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Your frustration is noted. As a quiet participant of this fine pool for the past eleven weeks, one must relay that on my last trip to Vegas I was sure that the number 28 was due because it hadn't hit in the past 480 spins of the roulette wheel. $450 bucks later I received the message from the universe that has been stated here many times which is that luck is luck and talismans are talismans. If it makes one feel better please exit your respective structure, point your right hand NNW, and recite the genesis block (1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa ) 109 times. If it works, then one is completely wrong and we all are grateful for your efforts. For my part, after 180 hours, I rented 50TH for 29 hours. Talisman = yes,; Help with this block = maybe. Kano, you run a good shop and I'm in it for the long haul. Thanks, DYG Well done...well done! I think most of us are still here. Where the heck else have we got this much effort spent? Thanks kano and ck!
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xZork
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May 26, 2015, 02:18:35 AM |
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Question. I've always been a firm believer in "if it's not broke don't fix it". I currently have 2 S2 units that run fine, one on your pool and one somewhere else. What would be the benefit of flashing other then running the new version of cgminer? I am not sure what "up to commit 38d93800" means. Also does keeping my S2's as is create headache or any trouble? Thanks for reading.
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kano (OP)
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Linux since 1997 RedHat 4
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May 26, 2015, 01:37:41 PM |
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Question. I've always been a firm believer in "if it's not broke don't fix it". I currently have 2 S2 units that run fine, one on your pool and one somewhere else. What would be the benefit of flashing other then running the new version of cgminer? I am not sure what "up to commit 38d93800" means. Also does keeping my S2's as is create headache or any trouble? Thanks for reading. The S2 firmware is just on the SD card so doing an update isn't risky. If you are running a Bitmain version then most likely all the issues I've pointed out exist in it: Dropping p2pool blocks, queueing up way too much work, sending duplicates to the pool, sending shares to the pool that shouldn't be sent, problems with the LCD display, old version of cgminer. I've also updated the web to allow you to view and set api-allow rather than have it stuck on the highly insecure default setting of W:0/0 My Miner Status web page is a much updated version - I've removed all the unnecessary stuff and added colour highlighting ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) cgminer uses the stardard API not the hacked/changed one that's not backward compatible There's a bunch of updates listed at that link. The commit number is the last cgminer commit in my release since there are changes since 4.9.1 that I added including fixing an api-allow bug - up to commit 38d93800 i.e. up to: https://github.com/ckolivas/cgminer/commit/38d938000bf19eb397cdbf81a46b785215cbdfd9
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sorry2xs
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Dark Passenger Bitcoin miner 2013,Bitcoin node
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May 26, 2015, 02:08:52 PM |
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Kano do you foresee any future fixes for the S5 and C1 time permitting of course.
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Please tip the Node 1MPWKB23NsZsXHANnFwVAWT86mL24fqAjF; KO4UX THAT NO GOOD DO GOODER BAT!!!
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