Search content
Sort by

Showing 20 of 81 results by bitsink
Post
Topic
Board Pools
Re: [50+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
bitsink
on 12/05/2017, 21:47:01 UTC
Here are some thoughts about pool payments:

We are all working hard, cracking blocks and we want to maximize our ROI. I get that.

1. The pool makes payments with every block and does not offer to set a payout threshold. I know - kano is not a bank. At the same time these numerous (often dusty) payments are being processed free of charge in our mined blocks, displacing payments which are actually offering to pay fees, reducing our payout. While the pool is not a bank, I believe a compromise could be found to reduce dusty payments to increase the available block space for paying transactions. The pool already holds the coins accumulated over 100 blocks. With some users setting a threshold, this would increase the "buffered" amount somewhat, but is it really such a large risk?

2. When spending these small amounts, the resulting transaction is bloated due to the larger numbers of UTXOs, requiring larger transaction fees when the coins are spent. Yes, this is from a user's perspective and irrelevant from the mining perspective, but most of us surely also actually use bitcoin. It just seems like an unnecessary inefficiency.

3. Even without the option of setting a payout threshold, there is some optimization potential in the payment code: Sometimes it happens that duplicate payments are made in the same block (same sender, same receiver, but two transactions in the same block). Obviously these payments originate from different found blocks, but it really seems redundant to send two transactions instead of just combining them into one.

4. I am also surprised that kano does not seem to payout any newly minted coins. This is one reason for some to mine in the first place.

Feedback welcome and encouraged!

Thanks.
Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 12/05/2017, 21:15:02 UTC
No, they auto-tune during each startup/reboot.  Been that way for many batches now.
Thanks for the heads up.

To bad Sad
The 0.1 W/Gh/s is really nice but I wanted to use less power/watts, then the stock ~1300watts.

You could always hack the firmware or run 2/3 boards for (roughly) 67% of the power consumption. I am certain you would find lots of takers for a single (working and new) hashboard, judging by the amount of boards that seem to be breaking.
Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 12/05/2017, 21:11:28 UTC
Hello,
I couldn't find my answer on Bitmain's website.

Is it possible to change the frequency, to underclock or overclock, the S9-13.5TH/s and S9-11.5TH/s, that are sold at the moment on Bitmain's webshop ?

Thanks
No, they auto-tune during each startup/reboot.  Been that way for many batches now.

This is simply not true! They run the autotune routine ONLY on first start or after a hard reset (possibly on other rare occasions), but definitely not after every restart be it clean or unclean.  There is a flag set in the filesystem that triggers the autotune routine. Maybe somebody could point out where it is exactly - cannot remember off the top of my head. Source: Operating S9-13.5TH/s miner.
Post
Topic
Board Pools
Re: [150+ PH] SlushPool (slushpool.com); World's First Mining Pool
by
bitsink
on 09/04/2017, 13:53:25 UTC
Slush,

Is it possible for you to set up the pool to allow ASICBOOST? I have no idea what this would entail
A pool has nothing to do with ASICBOOST!
Don't listen to trolls (blindly) and do your homework on the matter first.
(hint) this is over an year old (patented) optimisation for mining hardware and software - not illegal to use (in production) if you pay the patent fee.

EDIT: Just to make it clear - it is illegal to use it without paying the fee (as with any other patented technology), but it is not a hack as it was published, probably because of misunderstanding.

It is my understanding that miner and pool need to support asicboost for it to work. Patents will only be valid in the countries they have been granted (generally). Reddit mentions that apparently the patent has not yet been granted (in the us)? Either way, a level playing field would be good. Some redditors say they are already using asicboost, but could be trolling... Does anyone have any first hand info?

Seems the version number needs to be changed in the bmminer.conf and the pool needs to support it (via the stratum protocol) to send the right sort of work.
Post
Topic
Board Pools
Re: [14000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB
by
bitsink
on 08/04/2017, 11:11:41 UTC
I really like Eligus but seems we cannot get paid until the upgrades are finished, I can wait.  Currently mining with AntPool (PPLNS), get paid for every .001 BTC, works for me...

I'll give elig another month. How's anyone's luck on PPLNS? I've heard mixed reviews.

Pointing my hashrate elsewhere until this is working again.
Post
Topic
Board Pools
Re: [30+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
bitsink
on 08/04/2017, 11:05:29 UTC
kano said that bitmain is using asicboost, which everybody thought was just patented software.
now, some info came out that bitmain is using asicboost covertly in hardware...check reddit for details.
This "covert" asicboost would be negated by segwit, apparently, which explains why bitmain is so opposed to segwit.
Current exposé also explains very well why they were mining a lot of empty blocks-check it out.

I am not a specialist in soft or hardware, so don't know if such claims are true, but if they are, i expect a reaction.
It would look like bitmain rejected segwit based on very selfish motives.

EDIT: sources say that Segwit blocks can be mined with Bitmain's hardware. However, and this is critical..
Quote
Using the covert, disabled in public hardware ASICBOOST implementation they can not mine blocks with SegWit commitments.

"they" being Bitmain and possibly other miners in cahoots (large pools in china?)
https://www.reddit.com/r/Bitcoin/comments/63oxzv/so_all_this_bitmain_ver_jihan_bu_drama_is/

tl;dr Allegedly, Bitmain sold you a miner with a hardware feature (that it has control over) that enables 20-30% 'faster' mining for them, but not for YOU (as it is switched OFF in publicly available hardware).

I doubt BM have control over the miner after this entry into the hosts file:

Code:
root@antMiner:~# cat /etc/hosts
127.0.0.1       localhost.localdomain           localhost
127.0.0.1       auth.minerlink.com              auth

More interesting would be how to use the ASICBOOST feature in bitmains (s9) miners to level the paying field, reduce bitmain's advantage and increase our edge until this is patched. To enable the feature requires an entry into the bmminer config and a compatible pool.

Does kano or anyone else have aspirations & know-how to implement this into the pool software? Seems (fromn reddit) some private pools have started using this already.
Post
Topic
Board Pools
Re: [30+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
bitsink
on 08/04/2017, 10:49:49 UTC
The more you buy, the larger your profits.  Wink

Or the LARGER your losses Grin
Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 08/04/2017, 10:43:51 UTC
So it has emerged that Antpool S9 miners (and others) have ASICBOOST functionality built in. Does anyone know a pool that already supports it, other than antpool?

https://www.reddit.com/r/Bitcoin/comments/63yo27/some_circumstantial_evidence_supporting_the_claim/

Until this is patched we should all be using it to level the paying field somewhat and as a way of maximizing revenue. According to some reddit users, it seems some miners have already started using this.

Essentially to have this working a change in /config/bmminer.conf is required and a pool with the required stratum support is required.

Does anybody have further info?

Of course the easiest would be to point the miners to antpool, but that may not be the best idea  Wink

Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 08/04/2017, 10:33:24 UTC
Indeed. It also doesn't seem to do _anything_ per-run - it's just validating the speeds stored in the PIC allow the card to hash sensibly.

It is possible to force it to recalibrate itsself, but apparently that's a support call to BitMain where they add your specific MAC to 'the list' and it gets to run their utility, which presumably does some sort of encrypted communication to the mothership.

Interesting that the non-autotuned boards all show a static clock speed. I have one of these in my autotuning miner and was wondering the cause - it would seem that this might just have been old stock boards.


A hardreset will also trigger the autotune re-calibration as will a change in the controller file system (can't remember the file off the top of my head).
Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 26/03/2017, 13:34:11 UTC

if you rely on bitcoin price increasing to ROI, you would make MORE and be better off just buying bitcoin and holding it..


Truly wise words. Something every miner should consider, before blindly purchasing hardware.
Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 16/03/2017, 19:34:56 UTC
I base it off the real world numbers of already owning them and already earning enough from them to spend 11.6BTC for 10 more (on top of the $0.10 p/kWh I pay for electric).  Wink

Not only a computer and genie, but also a show off. It is probably safe to say that you will only see a fraction of those 11.6BTC again, especially with $0.10 p/kWh electricity (though not entirely clear which currency that is).
Post
Topic
Board Pools
Re: [25+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
bitsink
on 16/03/2017, 19:07:07 UTC
No penalty.   You get rewarded for your accepted share over the last n shares when the block is found.

Yours shares on the weekend will be counted if a block is found while you are not mining on Monday.
You not mining all daytime Friday will reflect if a block is found on the weekend with its 5n look back (currently ~4days 9hrs.).

It averages itself out to an effective hashrate "Your N Avg" for mining.   

I am not yet entirely convinced that it averages itself out and am working on a calculation. I believe that there is a disadvantage for sporadic miners and newbies, anyone who has not filled the 5Nd window with a flatline hashrate. Once I have my results I will publish here.
Post
Topic
Board Pools
Re: [14000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB
by
bitsink
on 16/03/2017, 18:57:55 UTC
Hi I had my miners on Eligius, but I removed them recently (1 week ago) since I had no stats.
Its been over a month from my last payment. How can I know when my next payment is coming and what to expect?

Thanks

Exactly the problem. I would point mine to eligius without delay with such stats. The longer this goes on the worse it gets (payout frequency).
Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 16/03/2017, 18:45:55 UTC
are you talking about customers that ordered for the feb 20th delivery date?? because i didnt get any coupons for any of those miners....

Did anybody from the 20/Feb batch receive a coupon?
Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
bitsink
on 14/03/2017, 21:38:46 UTC
.... But, you ignored the rest of what I said.
Since they are going to sell to us, they should at least make they attempt to give us some of what we want.

Fortunately there are other options, though not as efficient.
If they want to sell to us PITA small miners, they need to address our concerns too. Which would include the ability to adjust the miner to suit our wants/needs.

Yes, I did ignore it because it's wrong. The "PITA small miners" (your words) are a small enough market to not justify the software costs of running multiple versions of code. Any profits from "PITA small miners" become eaten up in the long run by the dev costs to do so.
As I said:
Quote
If you do not want to use that enterprise product in an enterprise environment, then it's on you to create a "solution" for your non-enterprise environment, not the enterprise product manufacture.


P.S. The market is such they don't have to appeal to what you want, because they already have the product you want/need.

Come on now kids. Stop fighting  Kiss
Post
Topic
Board Pools
Re: [25+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
bitsink
on 14/03/2017, 20:45:49 UTC
I was also thinking about the the 5Nd thing, whether this really is just a statistical smoothing function (moving average) or wether it gives "old" miners a 5Nd (currently about 100h, but possibly not constant(Huh)) lead over new miners due to network difficulty changes every 14 days? Are new miners disadvantaged by this in that when their hashes are paid out the 5th time they are worth less (if a diff change has since occurred)? Maybe this has been considered before, but some explanation would be nice.

Anyone willing to chime in on whether newbies starting out are disadvantaged compared to someone who has already "filled" the 5Nd window or not due to upcoming diff increases? Thanks.
What actually happens is that each share you submit (as the web page says) is rewarded in all blocks in the 5Nd after it.
So basically, it takes 5Nd to get rewarded.
It has nothing to do with a lower reward for your work.
When you have 5Nd worth of shares, then you always have a full set of shares to be rewarded.
It has no possible expected effect on your reward at all.
It's simply to do with reducing reward variance (by stretching out the reward time)

Thanks for chiming in!
For clarity: Is a share not worth less after a diff increase, as more shares are now required to find a block? Or are you saying that that share is weighed according to the diff at the time it was submitted and thus worth the same amount of relative pool hash power irrespective of a what the current diff is as compared to the diff at the time of submission? Am I expressing myself clearly?
Post
Topic
Board Pools
Re: [14000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB
by
bitsink
on 14/03/2017, 20:05:29 UTC
All of your questions/comments were answered in the quote you included in your own post.

...Really Huh I fail to see how your post is contributing.
Post
Topic
Board Pools
Re: [25+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
bitsink
on 14/03/2017, 20:03:09 UTC
I was also thinking about the the 5Nd thing, whether this really is just a statistical smoothing function (moving average) or wether it gives "old" miners a 5Nd (currently about 100h, but possibly not constant(Huh)) lead over new miners due to network difficulty changes every 14 days? Are new miners disadvantaged by this in that when their hashes are paid out the 5th time they are worth less (if a diff change has since occurred)? Maybe this has been considered before, but some explanation would be nice.

Anyone willing to chime in on whether newbies starting out are disadvantaged compared to someone who has already "filled" the 5Nd window or not due to upcoming diff increases? Thanks.
Post
Topic
Board Pools
Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE servers 228 blocks solved!
by
bitsink
on 14/03/2017, 19:56:17 UTC
Anyone have recent stats of people mining here?

Took the dive recently on some S9s.  Two purchases 1 , then 2 more.  And low-and-behold hit a block on the 1st S9 last week after having it plugged in for ~10 days!!!  Kicking myself because I was going back and forth on solo-mining while building a box for the 3 units.  Ended up mining on slush...  MONGOLIANS!!!!

For the long-time miners here, what are the odds of hitting blocks solo-mining since the halving???

It obviously depends on your hashrate and the difficulty at the time of mining:
www.coinwarz.com/calculators/bitcoin-mining-calculator/

Obviously it can vary greatly as it is a random process, but this will show you the odds and the odds are against you unless you have a huge hashrate. If you are willing to gamble, then you may aswell play red/black in a casino where the house only has a 2.7% advantage over the player (european version).
Post
Topic
Board Pools
Re: [25+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
bitsink
on 14/03/2017, 19:51:35 UTC
scraped from found blocks on webpage  Smiley



Random noise and statistics. There is no pattern no matter how much we would like to believe there is one  Shocked