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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918299 times)
glendall
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May 28, 2013, 05:45:23 PM
 #6021

Okay thank you Matt.
iCEBREAKER
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May 28, 2013, 05:49:13 PM
 #6022

Huh    Huh  Why are we still on Guild but not BitMinter?  Huh    Huh

BitMinter gives us precious Namecoins (worth an extra 6%) and has lower (1% vs 3%) fees!

Shocked   Shocked   That adds up to 8% less profit.   Shocked   Shocked


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Monero
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matt4054
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May 28, 2013, 05:54:41 PM
 #6023

BitMinter gives us precious Namecoins (worth an extra 6%) and has lower (1% vs 3%) fees!

AFAIK, this is speculation because friedcat has neither confirmed or denied that he would exchange the NMC for BTC.
May be true, may be wrong...
gyverlb
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May 28, 2013, 06:22:16 PM
 #6024

I'm expecting dividends to be delayed this week.

What a troll. BFL coming up empty making your ass hurt?

I think Luke-Jr might be worrying about the same thing I'm looking at for some time: there's a huge backlog of dust and low/no-fee transactions waiting to be confirmed (see: http://blockchain.info/fr/unconfirmed-transactions). Unless some miner gives priority to the ASICMINER share confirmation dust it will have a hard time coming through (the dividends should be fine as Luke-Jr corrected later).
These unconfirmed transactions are still growing and slow down some bitcoind operations unless you upgrade to 0.8.2rc3 or later. It seems 0.8.2rc3 can handle these transactions given that you have enough memory and its default setting will ignore a sizable part of it.

I didn't study these transactions but I wonder if someone wants us to strengthen the network against this kind of DoS attack by doing the attack (generating huge amounts of dust) in a progressive and controlled way to force devs to solve the problem (done pending stable release) and miners to upgrade (in progress even without stable release) without disturbing the network too much. In the current situation, it seems to me that some individual with Bitcoins to spare and a modified client can slow <=0.8.1 nodes to a crawl at will by generating dust in very large quantities. If I'm right the people/individual behind the "benign DoS attack" are/is actually doing us a huge service.

P2pool tuning guide
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kokojie
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May 28, 2013, 07:13:51 PM
 #6025

Huh    Huh  Why are we still on Guild but not BitMinter?  Huh    Huh

BitMinter gives us precious Namecoins (worth an extra 6%) and has lower (1% vs 3%) fees!

Shocked   Shocked   That adds up to 8% less profit.   Shocked   Shocked

A small correction, btcguild is 3% fee but pays orphans, so that's worth 1%. Bitminter is 1% but does not pay orphans, so bitminter is only about 1% cheaper in fees. Though the NMC is definite a big extra.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
JimiQ84
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May 28, 2013, 07:20:09 PM
 #6026

Huh    Huh  Why are we still on Guild but not BitMinter?  Huh    Huh

BitMinter gives us precious Namecoins (worth an extra 6%) and has lower (1% vs 3%) fees!

Shocked   Shocked   That adds up to 8% less profit.   Shocked   Shocked

A small correction, btcguild is 3% fee but pays orphans, so that's worth 1%. Bitminter is 1% but does not pay orphans, so bitminter is only about 1% cheaper in fees. Though the NMC is definite a big extra.

it's not that easy reconfigure some 460 blades just like that :-) also, I suppose they are switching everything to solo continuously
Caesium
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May 28, 2013, 07:26:48 PM
 #6027

it's not that easy reconfigure some 460 blades just like that :-) also, I suppose they are switching everything to solo continuously

It is actually, even I managed to knock up a little script to do it - it's a pretty standard HTTP form post which can be created programatically. I had my four blades hopping between pools in minimal time. I'm sure it's not beyond friedcat's abilities to do something similar.

Or they may even have better access than the web form we had to use.

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robix
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May 29, 2013, 08:04:36 AM
 #6028

D-DAY!!!!!!!  Grin
lophie
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May 29, 2013, 08:56:49 AM
 #6029

D-DAY!!!!!!!  Grin

word

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freedomno1
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May 29, 2013, 09:09:55 AM
 #6030


Well this should cause some activity Smiley

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lophie
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May 29, 2013, 09:44:32 AM
 #6031

Lets not talk about how much would the divs turn out to be this week and discuss a different angle. The divs for the past month had sharp swings. It is obvious that divs are not going to be the same for two consecutive weeks.

But do you think guys that at least they will not swing as sharply this and in the upcoming weeks?

EDIT: Personal opinion, One more sharp swing upward because we are still trying to reach the desired % of the network hashing power and one more sharp swing downward for accumulating funds for the next investment (More hardware, extra expenses, etc).

Will take me a while to climb up again, But where is a will, there is a way...
mr.pj
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May 29, 2013, 09:46:44 AM
 #6032

Lets not talk about how much would the divs turn out to be this week and discuss a different angle.

And I was just waiting for the first person to exactly start this discussion again ;-)

But on your question:
I believe that we will see some swings the next 2-3 weeks still, since not everything from hwsale has been shipped yet. And as far as I understand it - friedcat only pays the % of shipped devices

After that I guess we will see some more steady dividends mainly from the mining

g83
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May 29, 2013, 09:57:13 AM
 #6033

waiting for the first one to say its wednesday and i still have not received my divs yet  Smiley
robix
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May 29, 2013, 10:00:32 AM
 #6034

waiting for the first one to say its wednesday and i still have not received my divs yet  Smiley
It's wednesday and I still haven't received my divs yet.  Grin
CanadianGuy
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May 29, 2013, 10:27:22 AM
 #6035

waiting for the first one to say its wednesday and i still have not received my divs yet  Smiley
It's wednesday and I still haven't received my divs yet.  Grin

I checked at 12:01am this morning and no divs.   Angry
phantastisch
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May 29, 2013, 10:59:40 AM
 #6036

waiting for the first one to say its wednesday and i still have not received my divs yet  Smiley
It's wednesday and I still haven't received my divs yet.  Grin

I checked at 12:01am this morning and no divs.   Angry

From now in around 3 to 5 Hours. Be patient.

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JimiQ84
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May 29, 2013, 11:37:33 AM
 #6037

waiting for the first one to say its wednesday and i still have not received my divs yet  Smiley
It's wednesday and I still haven't received my divs yet.  Grin

I checked at 12:01am this morning and no divs.   Angry

From now in around 3 to 5 Hours. Be patient.

also, there is some problem with confirming this transaction
lophie
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May 29, 2013, 11:40:56 AM
 #6038

waiting for the first one to say its wednesday and i still have not received my divs yet  Smiley

So since you are the first to mention it, Isn't that person "you"?

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Luke-Jr
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May 29, 2013, 11:48:47 AM
 #6039

waiting for the first one to say its wednesday and i still have not received my divs yet  Smiley
It's wednesday and I still haven't received my divs yet.  Grin

I checked at 12:01am this morning and no divs.   Angry

From now in around 3 to 5 Hours. Be patient.

also, there is some problem with confirming this transaction
Looks like it didn't get relayed to Eligius, so I can't prioritise it Sad

rdponticelli
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May 29, 2013, 12:06:33 PM
 #6040

This transaction has to reach 100 confirmations before the transaction can be considered valid to be relayed.

It should take, on average, about 4 hours and 20 minutes.
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