mc_lovin
Legendary
 Offline
Activity: 1190
Merit: 1000
www.bitcointrading.com
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May 20, 2013, 06:15:56 PM |
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Full speed ahead friedcat  |
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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aahzmundus
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May 20, 2013, 06:31:23 PM |
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OK people, someone who knows what they are doing make me a chart that scrapes the blockchain... finds blocks mined by ASICMINER, and then estimates hashrate.
If you do awesome job, I will totally tip you!
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kaerf
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May 20, 2013, 06:35:21 PM |
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Dacm4n
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May 20, 2013, 06:36:42 PM |
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Good decision to solo mine. |
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lettucebee
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May 20, 2013, 06:37:55 PM |
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Good people,
what is the significance of Asicminer mining solo? I don't understand.
Thanks for enlightening me.
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aahzmundus
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May 20, 2013, 06:38:55 PM |
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Pools take a % fee, and previously had downtime which took out some of out profits. Mining solo means slightly more return, and less things can go wrong.
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Caesium
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May 20, 2013, 06:39:23 PM |
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time between blocks ~1hr 36 min.
Not enough data to be meaningful yet. |
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Caesium
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May 20, 2013, 06:41:07 PM |
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OK people, someone who knows what they are doing make me a chart that scrapes the blockchain... finds blocks mined by ASICMINER, and then estimates hashrate.
If you do awesome job, I will totally tip you!
It is not possible to evaluate miner hashrate by blocks. I have an idea ... later .. Sure it is, that's how every single website giving estimated hashrate data works. |
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JimiQ84
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May 20, 2013, 06:41:35 PM |
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OK people, someone who knows what they are doing make me a chart that scrapes the blockchain... finds blocks mined by ASICMINER, and then estimates hashrate.
If you do awesome job, I will totally tip you!
It is not possible to evaluate miner hashrate by blocks. I have an idea ... later .. actually it is quite possible. Pools do it all the time... |
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aahzmundus
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May 20, 2013, 06:42:30 PM |
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Blocks Mined in Period/Total Blocks mined and take that proportion of the current estimated hash rate?
Would not be exact... but it gives us a number.
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JimiQ84
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May 20, 2013, 06:45:14 PM |
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Blocks Mined in Period/Total Blocks mined and take that proportion of the current estimated hash rate?
Would not be exact... but it gives us a number.
Right now it's somewhere around 10TH/s. But luck is major factor. We need more time and more blocks. Then we should use average |
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SmiGueL
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May 20, 2013, 06:49:38 PM
Last edit: May 20, 2013, 10:12:58 PM by SmiGueL |
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Can you/anyone please tell me how/where I can see the latest mined blocks by AM? I think counting the blocks from the last 24h (or maybe 48h) give a pretty good estimation of the hashrate that day. (~35 blocks/day with the current deployed blades) |
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Caesium
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May 20, 2013, 06:50:53 PM |
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Look at the coinbase data for the generation transaction in the blocks linked - friedcat has already confirmed this will be present in all their blocks.
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netzwerg
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Activity: 84
Merit: 10
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May 20, 2013, 06:58:19 PM |
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If it stays at 1hr 36 min, my calculation at current difficulty give me a hashrate of 8.34 TH/s.  |
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muyuu
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Activity: 980
Merit: 1000
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May 20, 2013, 07:22:50 PM |
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You're not including transactions? |
GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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boyohi
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May 20, 2013, 07:26:36 PM |
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We need more blocks before we can say for sure how long between each. It will all average out in the end anyway. Some will take much much longer and others are like this one.
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conv3rsion
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May 20, 2013, 07:27:52 PM |
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You're not including transactions? What? https://blockchain.info/block-index/383941Transaction Fees 0.1392 BTC My question now going forward (for everyone, not specifically Friedcat), for an company like this, is there any advantage to using the pools at all? Solo mining provides 1) No operator fees 2) All transaction fees (which have been consistently rising since Bitcoin started) 3) Less risk from pool owner trust 4) Less risk from pool downtime and DDOS attacks At a cost of 1) More variance (who cares when you have significant hash power) |
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muyuu
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Activity: 980
Merit: 1000
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May 20, 2013, 07:31:16 PM |
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Oh, ok. I was looking at the wrong block from a different tab. |
GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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richard_dein
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Activity: 63
Merit: 10
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May 20, 2013, 07:33:44 PM |
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"Diversification is a protection for ignorance, It makes very little sense for those who know what they're doing." - Warren Buffet
Don't know if this is Warren Buffet supporting the idea of diversification, or sarcasm. Let's take a look at what Warren has as of Dec 21, 2012. 1.) Wells Fargo & Co ........ financial 2.) Coca Cola Co .... consumer 3.) International Business Machines .... tech company 4.) American Express Co .... financial 5.) Procter & Gamble Co .... consumer goods 6.) Wal Mart Stores Inc .... department stores 7.) U S Bancorp Del ... financial 8.) Directv ... cable tv service 9.) Davita Inc ... health care 10.) Phillips 66 ... oil and gas 11) KFT ... food 12) INTC .... tech 13) Viacom ... cable tv service 14) Ingersol Rand ... industrial goods 15) National Oil Well Varco ... oil and gas 16) Johnson and Johnson ... drug etc. His personal wealth is comparable to the market value of a lot of those companies. I'd say he diversifies partly because he's forced to. It's hard to buy a lot of shares even when you have the money, and when you try it's hard not to end up buying more expensive shares. Then it's also not easy to find a nice way to cash out when you hold lots of stock. |
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