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Board Pools
Topic OP
Prohashing
by
2alt
on 11/05/2020, 16:10:40 UTC
Have an s9 so just a scrub miner lol. Been using nicehash mostly since the payouts are decent and in BTC. PPS which is nice since dont run it 24/7

But always playing with other pools. Found prohashing.com the other day. Really nice pool it seems. You can do PPS or PPLNS. PPS will direct your miner to the best coin. PPLNS you have to pick a coin.

But coolest part of this pool is you get paid in any coin you want. Been actually collecting up some dogecoins here. On the PPS.

Seems fees suck as usual. 4% for PPS and 2% for PPLNS. However I think the fact they direct you to lowest diff shares will override that 2%. Will have to test and see. Wanna see how much dogecoins i get in a day as is.

Even cooler is you can set multiple coins as payout and weight them out. 25% BTC 25% BCH 50% DGB for example. Wild.

Anyone else try them?
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Board Pools
Re: Nicehash sha-256 insane payouts last 2 days...
by
2alt
on 20/04/2020, 17:02:00 UTC
what happen at algo sha-256 ?
new coin ?

lol I have no idea what this other guy saying. But I think its due to people soloing for btc before halving.

Who knows. But good for me Smiley
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Board Pools
Nicehash sha-256 insane payouts last 2 days...
by
2alt
on 20/04/2020, 14:06:13 UTC
Have you guys seen what nicehash is paying? Yesterday was even more. Currently around 3-4x what a normal pool would pay.

People are making huge bids for sha-256 hash power.

Check it out if have a sha256 miner.
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Topic
Board Mining support
Re: Antminer s9 firmware
by
2alt
on 19/04/2020, 19:57:57 UTC
Nicehash is bomb.

Today the payouts are insane.

Also, why the hashrate shows 0 issue with s9 is because diff is 500k. If you don't submit a share for a few, hashrate will show 0. Its no issue, you get paid for every share.

Viabtc good, and dgb mining good for digibyte. But nicehash by far most profitable. Check the profits today. Like 8x. Earlier was even more. Some is paying big bucks for sha 256.

Nicehash bomb because you wake up to crazy mining. And they pay in BTC out the gate.
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Board Mining support
Re: Antminer s9 firmware
by
2alt
on 12/04/2020, 17:34:19 UTC
Yeah, now I understand. If a pool that is finding just a few blocks a year went to PPS, they would bankrupt in a week.

viabtc is the best pool. Checked them all. Very nice pool.

Oddly their 4% fee is probably a huge money maker for them as they know a block is always right around the corner.

Outside of that, awesome pool features. Thanks to the people that pointed me at it. Using PPLNS. Will try pps+ one day this week and compare.

This s9 is just a toy. Will see how the next weeks go, and then will get something better. I trade stocks, but not coins. I just buy them on nasty dumps and hold, but also only into a small amount of alts. BTC is 80% of my coin holdings. We'll see how the next weeks go. Couple alts catching my attention.
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Board Speculation
Re: Should I sell bitcoin now?
by
2alt
on 12/04/2020, 13:17:14 UTC
To add as I really didnt answer the question.

If you are worried to that level, you have way too much invested in BTC. Cash is king right now. 10% of my total net worth is invested into BTC. So not too worried. That percentage will go up or down depending on what BTC does.

But don't ever invest so much into BTC / Stocks that you are worried. Figure how much you want to invest, put it on your nano ledger and just forget about it.

We are in the infancy of crypto. In 10 years BTC may be worth 100K or in 10 years a completely new system comes out and BTC is worth $0. Consider that and invest accordingly.

None of this applies to traders. Putting 50% of your total wealth into BTC to trade is fine. You can dump it at your loss. However I would not recommend my worst enemy to invest 50% of their total wealth into BTC cold storage.

Remember cash is king....for now.
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Topic
Board Speculation
Re: On May 12, BTC was at $12M (sell order) to reach a value of 0$
by
2alt
on 11/04/2020, 14:05:18 UTC
ALMOST "reach a value of 0$" for a millisecond on a single exchange that crashed during massive spam of trades. So what? Does that change anything for you how low flash-crash went? It's only flash crash. Currently, SP500 is -17% from before covid panic sell - btc is -25%!
SP500 is a index of 500 biggest US stocks, was prevented from drops by circuit breakouts (at least 20), helped by helicopter money. BTC was on his own.

link
"Traditional markets are in circuit breaker mode the majority of time;. They only trade occasionally." - BTC was exposed to panic sell for much longer.

But lets also compare average volatility. According to that BTC reacted more calmly to panic sell than most assets. Especially stocks.


link


link


Safe-haven saves you during economic crisis. Nothing saves you during market crash. Especially during whole world, all assets massive panic sell caused by pandemic.
Economic crisis is not equal market crash.
Flash-crash is only a flash-crash. Does not mean anything.



Ah, there are other people that understand whats happening in traditional markets. I was getting worried after reading a little here this morning.

What I wanted to add. We are only in the infancy of crypto. Watch when we come out of the other side of this. More and more exchanges are listing BTC and those printers running non stop printing money, well....a LOT will go into BTC come later this year.

Unrelated, but totally related. Gold too. While there is plenty out there, you cannot print more. You cannot print more BTC. Anything in limited quantities will go up after this crisis.

And while warren buffet has massive cash, its not sitting in the us dollar...
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Board Speculation
Re: Should I sell bitcoin now?
by
2alt
on 11/04/2020, 13:31:47 UTC
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

I dont get where you see that everyone predicting that?  Dow Jones made more then 10% this week. That is like Bitcoin would make 50%. Bitcoin is behind all that stock optimism. If stock market is not wrong ( it could be) then Bitcoin will follow.

The feds are printing money non stop and pumping the market is why.

Monday - 60 bill
Tuesday - 60 billion
Wednesday 60 billion
Thursday - 2.3 TRILLION to hide unemployment.

And this is what is being announced. I am sure its more.

Thursday around 8:30am futures were down close to 1%. In a single candle it went from -1 to +1.5. Next candle pushed it over 2%. They did this to offset the bad news of unemployment.

Hmmm, the world is shutdown, we have an unknown disease killing people, balance sheet highest ever, unemployment highest ever. And DOW does best week since the 1930's. This is because the central banks are pumping it. Well, they are handing it to investors and letting them pump it.

Japan really never recovered from WW2 and their central banks own 80% of all stocks. This is what will happen here as we headed for a deep, deep, deep hole.

BTC certainly could go to 3k. It could also decouple from following the market and take off on its own. However, I believe they will not stop pumping the markets until election so odds are higher that BTC will go up than it will go down.

But do NOT think the market is doing anything good. It  is essentially the feds slowly taking it over to help calm people.
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Topic
Board Mining speculation
Solo Mining calculations.
by
2alt
on 11/04/2020, 11:36:53 UTC
Trying to figure how long various coins will take to solo. But the formula I found, and the numbers I am getting do not make sense. Formula I found and seems to be the formula posted all over, but the results I am getting do not make sense.

network hashrate / personalrate * blocktime                 = time to find a block

Lets take DGB sha-256 for example here.

Network hashrate = 1.2P
My hasrate = 13.5 TH
Blocktime = 75 seconds

So convert PH/s to TH/s

1.2 * 1000 = 1200

1200 / 13.5 = 88.9
88.9 * 75 = 6666.667 seconds

Which comes out to 111 minutes to find a block. Which does not seem right at all. I am doing something wrong here.

Thanks for any help.
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Topic
Board Mining support
Re: Antminer s9 firmware
by
2alt
on 11/04/2020, 00:45:52 UTC
I see, that makes sense.

All the PPS pools are super busy and can swing that. They appear to be making their money from TX fees, while pps+ is looking like 4% fees.

Totally was the confusion.

Will add a pps / pps+ (not 4% for sure lol) pool to my rotation. Will be nice to be able to mine for a day and not have to worry about a block find.

Thanks again!
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Topic
Board Mining support
Re: Antminer s9 firmware
by
2alt
on 10/04/2020, 22:48:40 UTC
Can you go into more detail about pps?

I always thought those pay per every share regardless. They work great on pools that are constantly finding blocks. Or great to nicehash with low bids because you will get paid always. Make a sure low bid so the hash comes here and there, but pps pays every share so no hash wasted.

There are no decent BTC pools. They are either massive, or so small you will be waiting years for blocks.

This s9 is not profitable by any means. Pointless to join a big pool to make $2 in BTC and pay $3 for electric. Might as well just buy the btc and throw the miner out the window or sell it for $50 on ebay.

Now had a profitable farm, definitely would be on a standard pool. But to

Going to solo. Soloing DGB now. But will rotate probably daily between DGB, SRV, BCH, and BTC. Solomining.io and ckpool look the best. And paying $3 a day for a lottery ticket basically if I want to turn it on.

If you can explain about pps that would be cool. The other thing is I dont think the estimates include TX fees so pool mining is possibly more profitable, pps+ sounds cool since it appears you get paid for every share, and then the tx fees get split up between the latest miners. Probably really profitable if you have a good hash (not 13.5 lol).

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Topic
Board Pools
Re: ckpool.org ZERO FEE SPLNS no registration mining pool US/DE/CN
by
2alt
on 10/04/2020, 15:10:13 UTC
Thanks man. Makes perfect sense. I get the nicehash part.

What I missed is the line where when a block is found, only 150 miners get paid. If mined for a day or two, disconnect, you will drop in that queue. There should be more people in this pool sadly. Really like the system. But sadly it would take me a year of mining just to get into the top 200. Will have to do some math later to see how fast some of those guys up there will be dropping.

If 1-2 blocks were found a day, this would be a killer system. But at this point they should consider a PPLNS system. More people would join the pool. We need around 20x the people and would be really nice pool. But to think well, they only solved one block this year, and it will take close to 3 block solves for me to see a payout, its not too great at luring me in Smiley

On the other hand, the guys with nice hash are basically soloing with some added help. Happy for them. Hope they get lots of blocks.

Thanks again for the info! Very helpful.
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Topic
Board Pools
Re: ckpool.org ZERO FEE SPLNS no registration mining pool US/DE/CN
by
2alt
on 10/04/2020, 13:43:14 UTC
Quote
2) Is this PPS or PPLNS? It is labeled as score based pplns, but even after disconnecting from the pool for near 24 hours, come back and still have tons of shares. Or is all the math figured out when a block is found? It would seem that if people can disconnect for 24+ hours and still have active shares, it would drastically reduce the payout for active miners. Especially since the rounds are so long.
It is neither.
Perhaps reading the 1st post where how the pool operates is described would help? Wink

Geez, why even post? You added 0 to this thread. Of course I read that, it the exact same info on the front page of the site.

Its labeled as SPLNS.

Score per last number of shares. Avoid pool hopping. Well, if I can collect shares, disconnect for 24+ hours and still get a payout, I don't see how this stops pool hopping. After not mining for 24+ hours, my derp showed my estimate as around $5 worth of BTC. And before I disconnected from the pool I was at around $8 in BTC based of the derp score. I am sure even days later I would still have some derp.

That sounds really terrible and most likely why people are not joining this pool. If a block was found daily, sure. But extremely long rounds, now you end up having to split the reward with 100's of others that haven't mined in days.

I guess I will check my derp in another 24 hours and see.

But if someone can answer my question - Is this basically how it works? Or is derp re-calculated on block find? I think the code is available so can check myself, but figure easier to simply ask people that have been mining here for a while.
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Topic
Board Pools
Re: ckpool.org ZERO FEE SPLNS no registration mining pool US/DE/CN
by
2alt
on 10/04/2020, 12:36:39 UTC
Hi,

Have a couple of questions.

1) Graphs. Are these only updated while you are looking at the page? I shutdown my desktop last night and this morning when I looked at my stats, the graph was not updated all night. I think this is the case. Checked a few other miners and they had no graph at all.

2) Is this PPS or PPLNS? It is labeled as score based pplns, but even after disconnecting from the pool for near 24 hours, come back and still have tons of shares. Or is all the math figured out when a block is found? It would seem that if people can disconnect for 24+ hours and still have active shares, it would drastically reduce the payout for active miners. Especially since the rounds are so long.

Thanks!
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Topic
Board Mining support
Merits 3 from 1 user
Re: Antminer s9 firmware
by
2alt
on 10/04/2020, 11:45:53 UTC
⭐ Merited by frodocooper (3)
Thanks for the replies.

Yes, I meant SD card. Smiley

I was under the impression the newest firmwares have drop downs? And additional power modes. Or maybe those are older firmwares and the latest one just simplifies all the settings. My miner settings just have 3 pool options and a low powermode checkbox. But now looking at the bitmain site I see the firmware was published august 8th, with file date of July 31st. So has to be the latest. I swear I'm getting old and with a few drinks in me, my IQ goes to 0. Went right over my head.

Ok, no nicehash Smiley

Been on ckpool switching between solo and their pool, but I think the pool is no good, they found 1 block all year. I will certainly try the solo from time to time. I know this miner isn't profitable, but a good intro for me to asics. We'll see what BTC price is looking like end of summer. Lease ends in october, will make sure my next place is like a 2 flat where the building owner will let me upgrade the power and get s17 or s19. Pretty sure a dryer outlet would be able to handle those anyway. Will have to research down the line.

Would love to find a pool that is pplns and finds 3-5 blocks a week. I used to love mining on 2miners. The first day I mined there we hit 3 zec blocks. Same what flypool was paying for a month. I was psyched. There were certainly dry times though were it would take 1 week+ to find a block. So I guess it all averages out. But it was such a fun pool as we would totally celebrate when we found a block.

If anyone knows of a smallish pplns pool like that, feel free to pass it on. 3 day weekend for us at work so have plenty of time to try out all kinds of pools. Will check out the ones above as well, thanks for that.
 
The thing about pps is lets say a block takes 2 hours to find. A miner that mined for the 1st hour will still get a payout. I feel like once you disconnect from a pool, your shares should go to 0 within 10-15 minutes or so. That way the rewards are bigger for the active miners. I guess pps+ is pps for block reward, and pplns for tx fee.

Lots of fun to make enough BTC for a starbucks a day, and then shit your pants when electric bill comes. Smiley



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Topic
Board Mining support
Re: Antminer s9 firmware
by
2alt
on 10/04/2020, 01:11:14 UTC
Ok, so what I am gathering,

1) Use s9_fix_upgrade.gz via sd card. No sig checks done via sd card.
2) Update to latest firmware as normal

Does that sound right?

Will wait for someone to jump in before I try. No sending to bitmain of course, so if I brick it over a firmware update would be so mad at myself.

Thanks! Please help lol.

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Topic
Board Mining support
Merits 4 from 1 user
Topic OP
Antminer s9 firmware
by
2alt
on 09/04/2020, 21:03:55 UTC
⭐ Merited by frodocooper (4)
Hi all,

I recently traded some kid a bike frame for an s9.

Out of the shipping box its working without issue. It works completely fine on something like ckpool, but on nicehash keep dropping to 0 hash from time to time. Submitted a ticket and they recommended I install the asic boost firmware.

To start, I am an idiot. Im a linux engineer by trade (or well everyone is an engineer these days, lets just say linux admin). And gunned through the upgrade.

I did take a screenshot of the current firmware that was installed prior.

Kernel Version   Linux 3.14.0-xilinx-g16220c3 #83 SMP PREEMPT Thu Jul 12 11:42:53 CST 2018
File System Version   Wed Jul 31 16:18:27 CST 2019

I could not SSH by default and did not copy the kernel log which was silly.

I removed the pool to stop mining as I figured a firmware upgrade while under load isnt the best idea, and went ahead with the upgrade. Got the message firmware upgraded, reboot in progress.

After the reboot, nothing changed. Did some searching and seems the 2019 firmwares are locked?. Came across an article that wanted me to install s9_fix_upgrade.gz. Went to install that, but got the no sig error.

It appears nothing changed, the miner is blocking the update or something. Had I saved the previous kernel log would of had more info on this.

What can I do in this situation? Am I stuck on this firmware? I did find plenty of threads here but many are old and some are conflicting.

If anyone can help, would be greatly appreciated. I do see on the miner the usb port had been accessed due to the rip on a sticker that was covering part of it.

But my 2nd question while not really important, what did this attempted upgrade do to the miner? It succeeded and rebooted which is odd.

Thanks!
Post
Topic
Board Mining (Altcoins)
Re: Mining , still worth it?
by
2alt
on 05/06/2018, 12:55:38 UTC
We know you run windows since you say TDP Smiley

1070ti is 180w by default. It is still lowered a bit. It needs at least 160w to stay over 550 sol's.

No clue why you are even here.

To put moronic kids like yourself in their place.  Now run along snowflake and go play with your linux or ethos.  You are correct. You have "no clue" so stop hiding behind your keyboard running your mouth.

Which part of....You dont lose ANY money until you sell for less than you have in something (AKA Mining coins, stock market, car, truck, your doll collection and even your purses. Wink

FYI...They arent laughing with you...they are laughing at you.

You are definitely on something. How did losing money come into this quote?

1) I am older than you, you put your birthday in your user name. Who does that? Oh yeah, you do Smiley
2) We can swap linkedin profiles to prove I have a career (and career history) that will your whole life to shame.
3) You are not that funny.
Post
Topic
Board Mining (Altcoins)
Re: Mining , still worth it?
by
2alt
on 05/06/2018, 04:07:41 UTC
We know you run windows since you say TDP Smiley

1070ti is 180w by default. It is still lowered a bit. It needs at least 160w to stay over 550 sol's.

No clue why you are even here.
Post
Topic
Board Mining (Altcoins)
Re: Mining , still worth it?
by
2alt
on 04/06/2018, 22:00:34 UTC
Even if you are mining and selling immediately each week / month you will make profit. Enough to make it worth it? Probably not. The added electric is $50-$60 a month. And immediately selling coins would be like $300 for the month. So $240 profit a month.

But you can do better things such as mining the most profitable coin and selling then trading right away. Make more gains.

Or mining a coin you are going to hold for a bit. BCI right now the coin. Been mining and holding.

Based on what?  Nvidia cards?  Amd?  7 of them?  20 of them? 50 of them?  Electric $50-$60 a month?  How do you know what the cost of power is in any given city?  Again, how many cards and what type determines power usage.  What if coin prices go up...then so does profit. Same with down.   So your answer(s) is so arbritary it isnt even funny.

I was saying in my case you idiot.

Obviously its different all over, and completely depends on cards.

Since it is difficult to grasp items at scale, we will take it down -

1 * 1070ti.
550 sols
160w

You will make a profit here. Not much, but a profit.

Also depends on how you mine. If you mine a coin at $2 and wait until its $20 to sell, you made 10x more than the guy that sold that same coin for $2.

There are many people that don't have any mining gear so just talk nonsense. People that have gear are still running them and making profit. How much depends on many things.