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Showing 16 of 16 results by TheUnk
You buy nothing.
Meanwhile a few elite groups will take over mining.
Very long time before average joe can buy an ASIC miner, and when that time comes difficulty will be so high it will probably not be worth it.
Are ASIC bad for Bitcoin?
Meanwhile a few elite groups will take over mining.
Very long time before average joe can buy an ASIC miner, and when that time comes difficulty will be so high it will probably not be worth it.
Are ASIC bad for Bitcoin?
Re: [17 Th/s] 50BTC.com - PPS|Stratum+Vardiff|Port 80|QIWI,Yandex,Mobile,LR,WM...
Huge stales today minimum 3 maximum 10%, I am totally dissapointed from this pool 
Their front page says they pay for stales too so not sure it's that important is it?
Re: CGMINER ASIC FPGA GPU overc monit fanspd RPC linux/win/osx/mip/r-pi 3.1.1
Is there a way to disable any fan management? Just let it handle itself like it did when I was using GUIMiner?
It's not a matter of disabling fan management. You're the one enabling fan management by giving it commands. Just don't give it any fan related commands and cgminer will only monitor them.Ah ok. It must have added them by default then cause I didn't give it anything but the pool settings.
Re: [8500 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
Doesn't this scoring method encourage pool hopping?
I mean, what is to stop someone for creating a tool to mine this pool for only the first 15mins or so of each new round and then jump over to another pool, a PPS perhaps.
Lets say your payout average is .25 a block on Slush and .20/hr on a PPS. Lets also say that out of 20 rounds, Slush has 5 10min blocks and 15 2hr blocks . The hopper spends 4hrs or so on the pool and gets full payment for 5 blocks in addition to a consistent rate from their PPS pool in between.
Over the 30 hours:
The hopper gets 1.25 from Slush, + 5.2 from their PPS. Earning 6.47 BTC.
Loyal slush miners get full payment for 20 blocks. Earning 5 BTC.
If slush had 20 rounds all 2+ hours:
The hopper would get nothing for their 5 hours, and they only spend 5 hours even if some of those rounds are 4+ hours, but the other 35+ hours spent on a PPS they earn at least 7 BTC.
Loyal miners would earn 5 BTC over the 40+ hours.
I mean, what is to stop someone for creating a tool to mine this pool for only the first 15mins or so of each new round and then jump over to another pool, a PPS perhaps.
Lets say your payout average is .25 a block on Slush and .20/hr on a PPS. Lets also say that out of 20 rounds, Slush has 5 10min blocks and 15 2hr blocks . The hopper spends 4hrs or so on the pool and gets full payment for 5 blocks in addition to a consistent rate from their PPS pool in between.
Over the 30 hours:
The hopper gets 1.25 from Slush, + 5.2 from their PPS. Earning 6.47 BTC.
Loyal slush miners get full payment for 20 blocks. Earning 5 BTC.
If slush had 20 rounds all 2+ hours:
The hopper would get nothing for their 5 hours, and they only spend 5 hours even if some of those rounds are 4+ hours, but the other 35+ hours spent on a PPS they earn at least 7 BTC.
Loyal miners would earn 5 BTC over the 40+ hours.
You need to read more of this thread to understand the scoring. The scores are weighted towards the end of the round to stop this. A hopper doing what you describe would get little or nothing from most rounds.
What part did I not understand? They get full pmt for the short rounds they were part of entirely and nothing for the long rounds they left on.
Re: [8500 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
Doesn't this scoring method encourage pool hopping?
I mean, what is to stop someone for creating a tool to mine this pool for only the first 15mins or so of each new round and then jump over to another pool, a PPS perhaps.
Lets say your payout average is .25 a block on Slush and .20/hr on a PPS. Lets also say that out of 20 rounds, Slush has 5 10min blocks and 15 2hr blocks . The hopper spends 4hrs or so on the pool and gets full payment for 5 blocks in addition to a consistent rate from their PPS pool in between.
Over the 30 hours:
The hopper gets 1.25 from Slush, + 5.2 from their PPS. Earning 6.47 BTC.
Loyal slush miners get full payment for 20 blocks. Earning 5 BTC.
If slush had 20 rounds all 2+ hours:
The hopper would get nothing for their 5 hours, and they only spend 5 hours even if some of those rounds are 4+ hours, but the other 35+ hours spent on a PPS they earn at least 7 BTC.
Loyal miners would earn 5 BTC over the 40+ hours.
I mean, what is to stop someone for creating a tool to mine this pool for only the first 15mins or so of each new round and then jump over to another pool, a PPS perhaps.
Lets say your payout average is .25 a block on Slush and .20/hr on a PPS. Lets also say that out of 20 rounds, Slush has 5 10min blocks and 15 2hr blocks . The hopper spends 4hrs or so on the pool and gets full payment for 5 blocks in addition to a consistent rate from their PPS pool in between.
Over the 30 hours:
The hopper gets 1.25 from Slush, + 5.2 from their PPS. Earning 6.47 BTC.
Loyal slush miners get full payment for 20 blocks. Earning 5 BTC.
If slush had 20 rounds all 2+ hours:
The hopper would get nothing for their 5 hours, and they only spend 5 hours even if some of those rounds are 4+ hours, but the other 35+ hours spent on a PPS they earn at least 7 BTC.
Loyal miners would earn 5 BTC over the 40+ hours.
What card are you trying on the X1?
I have a 7970 on a non-powered x1 to x16 working no problem for a few weeks now, but the 7970s have 2 power plugs so maybe it does not pull much from the slot
I have a 7970 on a non-powered x1 to x16 working no problem for a few weeks now, but the 7970s have 2 power plugs so maybe it does not pull much from the slot
Re: Is miningunited.com a SCAM, turning .1 bitcoins into .137 for almost free?
I got it before the hack. He sent me an email saying they were being hacked and sent 1 btc as an emergency refund.
The same MiningUnitedSales@Gmail.com ?
Re: Is miningunited.com a SCAM, turning .1 bitcoins into .137 for almost free?
now loads a page stating they are closed. EMail them and you get repeated info along with:
"WARNING: The website http://www.BTCcheap.com is NOT related to MU in
anyway. ANY U.S based users using this Vietnamese website is subject
to all regulations in your jurisdiction. It may be AGAINST THE LAW if
you are located in the United States, even if you USE BITCOIN ONLY."
but more importantly
"A 100% BitCoin refund is being sent back to all users. U.S based users
may take longer to receive a BitCoin refund. If your wallet was not
compatible with our service you will NOT RECEIVE A REFUND."
We shall see if this guy was legit soon enough..
"WARNING: The website http://www.BTCcheap.com is NOT related to MU in
anyway. ANY U.S based users using this Vietnamese website is subject
to all regulations in your jurisdiction. It may be AGAINST THE LAW if
you are located in the United States, even if you USE BITCOIN ONLY."
but more importantly
"A 100% BitCoin refund is being sent back to all users. U.S based users
may take longer to receive a BitCoin refund. If your wallet was not
compatible with our service you will NOT RECEIVE A REFUND."
We shall see if this guy was legit soon enough..
It's 4 or 5 Posts I read somewhere else here.
(and my first by the way. Kind of spam, sorry for that )
(and my first by the way. Kind of spam, sorry for that )
And about 4 hours logged in on site.
4 hours logged in, ouch.. Can you just leave the site up or will you time out?
Driver thinks it's inactive and forces it to 2D-mode clocks? Would a dummy plug help?
what do u mean by dummy plug? how to tell the driver to activate the 3rd gpu ?Try plugging your display into this card.
haha well I think I just got suckered into this..
I sent .05 a week ago and got my payout yesterday, confirmed and all.
So I went to send some more, having confidence, sent .60 for the "Anniversary Special!". Nothing showing up, no updates. Ah well, just gonna chalk that $70 off as gambling losses
I sent .05 a week ago and got my payout yesterday, confirmed and all.
So I went to send some more, having confidence, sent .60 for the "Anniversary Special!". Nothing showing up, no updates. Ah well, just gonna chalk that $70 off as gambling losses