Post
Topic
Board Pools
Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
by
christhegoth
on 15/07/2014, 09:02:45 UTC
Thanks to TaggedYa for slamming in a second block after just 7 minutes.

CDF 0.8% means:

https://www.youtube.com/watch?v=y6Sxv-sUYtM


 Good one! Listening more often will do good!


If we can control the queue for blocks being processed in this Pool then, assuming you get good blocks AND bad blocks ( and not just a pile of bad blocks ), we should be able to look stable in processing stuff ( and, as such, receiving payments ).  Which will help with nervous miners.

It's stable payments that Miners need, so that they can play the game and pay the bills.  If the payment cycle is too choppy then it's nigh on impossible to budget.

And if you can't budget how are you supposed to judge whether to add more cash ( a new s3 for example ), or simply hit the off switch?

So slamming in the odd easy block is certainly welcome.  Let's hope we find a few more Smiley


My kit is a spread of old and new.  1 new ( enough ) miner at 700GH/s for 770w, and an old pencil-modded s1 at 130 GH for 220w.  Between them if I can solve 1 block per day ( get 1 payment per day ) I break even on my leccy and the credit card minimum payments ( at a BTC price of about £360 ).  So in a 30 day month if we solve 30 blocks I break even at current BTC prices and pool size/performance.

That's how I judge things really.  The profit ( paying off said Credit Cards, rather than just making the minimum payment ) is these bonus-blocks.

If we could pull 2 blocks solved a day average I'd be laughing Smiley


No doubt sacrificing a few chickens to the Bitcoin gods will help.  Do we have dancing priestesses to help build up that faith?  Can I hear a hallelujah? Wink