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Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 27. (Read 837101 times)

hero member
Activity: 938
Merit: 502
In related news, happy 13 Million Day everyone!
newbie
Activity: 7
Merit: 0
Hello everyone

If you not believe in a long term growth of the bitcoin it makes no sense to invest in mining. you might be better off if you go to a casino and bet everything on red or black you have.
Whatever GH/W ratio you have it is only a matter of time till it makes no profit because of the electricity bill.

But mining is not dead. we just have to wait till the big guys feel the heat and the difficulty level will decrease and our miners will be profitable again.

The whole question of success or defeat is about to establish bitcoin as a method of payment instead of hoarding and speculating for a higher price.

Work for the acceptance of the coin is the key for a profit with mining.

We not only need more Gigahashs we need a broader audience to spend bitcoins and not only collect them.

best regards
Joerg
member
Activity: 296
Merit: 10
The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.

Yup, gonna run some trials now to see if I can improve performance. I'll post results.

I only have the one s1, but if we can save our miners it's worth it.

Ok, the lowest I could get it running at was 130 GH. That ate about 310w. The ratio always seems to be 0.42 GH/w. Where as the newer miners roll in at closer to 1 GH/w.

So you can dial them back, but your profit will stay crap. Not the best of news.

check this thread => https://bitcointalksearch.org/topic/guide-undervolt-antminer-s1-119wgh-at-the-wall-526060

"With this voltage my 3 antminer s1 are hashing at 140 GH/s each for 500 watts (166 watts per ant)"

I got my 3 down to 434 watts at the wall with a RM750 PS at 140 GH/s as well.

IMO, the thing to remember is that once the miner has paid for itself, the only cost is electricity. Even if you only mine $1.01 BTC for every $1.00 of electricity, you are making a profit. A VERY SMALL profit, but still a profit. This is where you have to decide between 3 different options: 1) Buy more efficient miners; 2) Reduce voltage to a point where your cost/profit ration improves; or 3) Stop mining. I personally will be doing a combination of 1 & 2. I have a pair of S3's on order that will replace 2 of my S1's. Once the remaining S1's are no longer profitable running at 180 GH/s I'll drop their voltage to get a better rate. Hopefully, I'll be able to replace all 6 of my S1's with S3's. This will increase my overall hashing power at no additional electric cost.
full member
Activity: 175
Merit: 100
The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.

Yup, gonna run some trials now to see if I can improve performance. I'll post results.

I only have the one s1, but if we can save our miners it's worth it.

Ok, the lowest I could get it running at was 130 GH. That ate about 310w. The ratio always seems to be 0.42 GH/w. Where as the newer miners roll in at closer to 1 GH/w.

So you can dial them back, but your profit will stay crap. Not the best of news.

check this thread => https://bitcointalksearch.org/topic/guide-undervolt-antminer-s1-119wgh-at-the-wall-526060

"With this voltage my 3 antminer s1 are hashing at 140 GH/s each for 500 watts (166 watts per ant)"

I got my 3 down to 434 watts at the wall with a RM750 PS at 140 GH/s as well.
legendary
Activity: 1638
Merit: 1005
The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.

Yup, gonna run some trials now to see if I can improve performance. I'll post results.

I only have the one s1, but if we can save our miners it's worth it.

Ok, the lowest I could get it running at was 130 GH. That ate about 310w. The ratio always seems to be 0.42 GH/w. Where as the newer miners roll in at closer to 1 GH/w.

So you can dial them back, but your profit will stay crap. Not the best of news.

check this thread => https://bitcointalksearch.org/topic/guide-undervolt-antminer-s1-119wgh-at-the-wall-526060

"With this voltage my 3 antminer s1 are hashing at 140 GH/s each for 500 watts (166 watts per ant)"
full member
Activity: 120
Merit: 100
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

Err, I'm not sure I follow your point. Pools don't get to choose how long it takes to find a block nor which block they're working on. It's just dumb luck, and at least according to the weekly stats posted by organofcorti, Bitminter usually comes out as a very lucky pool. Now I hope that exposing that info doesn't jinx us! Smiley

Where do you go to get the blocks?

If we can nab the nice one's first then we get a better return.

The good Doctor does not get his pick of blocks. The blocks are handed out and it's just a matter of luck in how much work it takes the pool to solve.

Gotcha.

Looks like the best option is to dial all s1's down to minimum, and then invest in some S3's or Coindesk kit (assuming you can't afford the new TH stuff coming out) .

The S3 has a 1.1 GH/w ratio if I remember correctly.
full member
Activity: 120
Merit: 100
The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.

Yup, gonna run some trials now to see if I can improve performance. I'll post results.

I only have the one s1, but if we can save our miners it's worth it.

Ok, the lowest I could get it running at was 130 GH. That ate about 310w. The ratio always seems to be 0.42 GH/w. Where as the newer miners roll in at closer to 1 GH/w.

So you can dial them back, but your profit will stay crap. Not the best of news.
member
Activity: 296
Merit: 10
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

Err, I'm not sure I follow your point. Pools don't get to choose how long it takes to find a block nor which block they're working on. It's just dumb luck, and at least according to the weekly stats posted by organofcorti, Bitminter usually comes out as a very lucky pool. Now I hope that exposing that info doesn't jinx us! Smiley

Where do you go to get the blocks?

If we can nab the nice one's first then we get a better return.

The good Doctor does not get his pick of blocks. The blocks are handed out and it's just a matter of luck in how much work it takes the pool to solve.
full member
Activity: 120
Merit: 100
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

Err, I'm not sure I follow your point. Pools don't get to choose how long it takes to find a block nor which block they're working on. It's just dumb luck, and at least according to the weekly stats posted by organofcorti, Bitminter usually comes out as a very lucky pool. Now I hope that exposing that info doesn't jinx us! Smiley

Where do you go to get the blocks?

If we can nab the nice one's first then we get a better return.
full member
Activity: 120
Merit: 100
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

But(i dont know how it works), but i have been in just another pool apart from this one, and we never had there blocks of 24h or so. I mean... its normal that maybe in 1 day we find 2,3,4 blocks, and then suddenly when everything looks to be going nice, a block of 2 days appear?. Its like if the system had something like:

If blocks/day > 3 or 4 then nextblock = 24hours

 Grin Grin

At the current difficulty, someone posted in the previous page, that our average block discovery for a week should be 10.4.

I think we already hit the average this week. It is just normal to hit high difficulty block once in a while as low difficulty one (we found one at 2.x% then 98.9%).

On the long term, we should be close to the average.

well, yeah, thats right. Hope i receive my S3 soon, every day im earning less for blocks argggggg


The S3's do look shnacky.

The Minerscube 5 is sex on a stick though. I got my eye on one of those. Just need to sort the funding ( same old story) .
legendary
Activity: 1638
Merit: 1005
The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.
full member
Activity: 148
Merit: 100
SelfPay - ICO PRE SALE - huge Profit !
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

Err, I'm not sure I follow your point. Pools don't get to choose how long it takes to find a block nor which block they're working on. It's just dumb luck, and at least according to the weekly stats posted by organofcorti, Bitminter usually comes out as a very lucky pool. Now I hope that exposing that info doesn't jinx us! Smiley
full member
Activity: 120
Merit: 100
The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.
sr. member
Activity: 294
Merit: 251
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

But(i dont know how it works), but i have been in just another pool apart from this one, and we never had there blocks of 24h or so. I mean... its normal that maybe in 1 day we find 2,3,4 blocks, and then suddenly when everything looks to be going nice, a block of 2 days appear?. Its like if the system had something like:

If blocks/day > 3 or 4 then nextblock = 24hours

 Grin Grin

At the current difficulty, someone posted in the previous page, that our average block discovery for a week should be 10.4.

I think we already hit the average this week. It is just normal to hit high difficulty block once in a while as low difficulty one (we found one at 2.x% then 98.9%).

On the long term, we should be close to the average.

well, yeah, thats right. Hope i receive my S3 soon, every day im earning less for blocks argggggg
legendary
Activity: 1638
Merit: 1005
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

But(i dont know how it works), but i have been in just another pool apart from this one, and we never had there blocks of 24h or so. I mean... its normal that maybe in 1 day we find 2,3,4 blocks, and then suddenly when everything looks to be going nice, a block of 2 days appear?. Its like if the system had something like:

If blocks/day > 3 or 4 then nextblock = 24hours

 Grin Grin

At the current difficulty, someone posted in the previous page, that our average block discovery for a week should be 10.4.

I think we already hit the average this week. It is just normal to hit high difficulty block once in a while as low difficulty one (we found one at 2.x% then 98.9%).

On the long term, we should be close to the average.
sr. member
Activity: 294
Merit: 251
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.

But(i dont know how it works), but i have been in just another pool apart from this one, and we never had there blocks of 24h or so. I mean... its normal that maybe in 1 day we find 2,3,4 blocks, and then suddenly when everything looks to be going nice, a block of 2 days appear?. Its like if the system had something like:

If blocks/day > 3 or 4 then nextblock = 24hours

 Grin Grin
full member
Activity: 120
Merit: 100
I have the same issue the Ghps (not work share) is going down. I had 620Ghps mining here, 3 weeks later it's 530Ghps!
It's weird they both dropped by 15-16%  Shocked

Code:
2014-07-07 08:56 	5h 54m 	16,818,461,371 	1,362.1 	529.3 	0.038858% 	2,618,368
2014-07-07 03:01 5h 59m 16,818,461,371 1,340.3 537.6 0.040108% 2,699,008
2014-07-06 21:01 5h 57m 16,818,461,371 1,349.2 531.8 0.039418% 2,656,000
2014-07-06 15:03 5h 51m 16,818,461,371 1,371.2 533.0 0.038872% 2,616,832
2014-07-06 09:11 5h 50m 16,818,461,371 1,377.5 536.0 0.038910% 2,621,440

...

2014-06-15 18:29 4h 08m 11,756,551,916 1,356.5 627.4 0.046248% 2,176,000
2014-06-15 14:20 3h 51m 11,756,551,916 1,455.0 619.0 0.042546% 2,001,664
2014-06-15 10:28 3h 54m 11,756,551,916 1,439.3 630.2 0.043788% 2,061,824
2014-06-15 06:33 3h 57m 11,756,551,916 1,418.4 613.1 0.043224% 2,034,432
2014-06-15 02:35 3h 50m 11,756,551,916 1,464.8 628.0 0.042871% 2,019,584

I think it is normal. It is the absolute hashpower of the pool is growing, so your share is going down because its stable.

Yep. When the pool hashrate goes up other people are finishing the shifts before you can get the same amount of work in. That's why your work per shift goes down - the shifts are shorter time-wise.

Hi All,

I’ve been mining for about 2 months now and over the past few days I’ve notice my  work steadily decreasing. There was a power outage on the 4th, but other than that nothing else has changed. Does anyone know what’s up with this?

Completed   Duration   Difficulty   Total Thps   Ghps     score      work
2014-07-06 09:11    5h 50m   16,818,461,371   1,377.5   561.5   0.040764%   2,746,368
2014-07-06 03:21    5h 56m   16,818,461,371   1,354.6   579.5   0.042778%   2,882,748
2014-07-05 21:24    5h 55m   16,818,461,371   1,355.3   581.3   0.042890%   2,887,208
2014-07-05 15:28    5h 46m   16,818,461,371   1,391.9   586.7   0.042155%   2,836,772
2014-07-05 09:41    5h 48m   16,818,461,371   1,385.6   582.7   0.042055%   2,834,160
2014-07-05 03:52    5h 55m   16,818,461,371   1,355.2   585.3   0.043189%   2,906,296
2014-07-04 21:56    5h 56m   16,818,461,371   1,350.6   578.4   0.042825%   2,882,696
2014-07-04 15:59    5h 53m   16,818,461,371   1,364.2   591.8   0.043383%   2,922,696
2014-07-04 10:05    5h 55m   16,818,461,371   1,357.4   167.4   0.012335%   831,364
2014-07-04 04:09    6h 04m   16,818,461,371   1,323.6   595.6   0.045001%   3,029,760
2014-07-03 22:04    6h 01m   16,818,461,371   1,334.1   601.9   0.045118%   3,039,840
2014-07-03 16:02    5h 53m   16,818,461,371   1,364.5   602.0   0.044121%   2,971,632
2014-07-03 10:07    5h 58m   16,818,461,371   1,344.2   602.0   0.044781%   3,017,304
2014-07-03 04:07    6h 09m   16,818,461,371   1,305.6   601.0   0.046031%   3,101,600
2014-07-02 21:57    6h 08m   16,818,461,371   1,307.2   595.2   0.045533%   3,066,352
2014-07-02 15:48    6h 05m   16,818,461,371   1,319.8   605.6   0.045883%   3,091,568
2014-07-02 09:42    6h 13m   16,818,461,371   1,290.2   597.7   0.046330%   3,118,952
2014-07-02 03:28    6h 28m   16,818,461,371   1,240.8   589.0   0.047468%   3,193,476
2014-07-01 20:59    6h 18m   16,818,461,371   1,272.5   597.6   0.046962%   3,161,984
2014-07-01 14:40    6h 14m   16,818,461,371   1,287.8   595.3   0.046229%   3,111,408

Thanks!


Yes, temperature will always effect chip performance. It's like with any computer; the cooler it runs the faster it will respond.
full member
Activity: 120
Merit: 100
Much as I appreciate averages balance stuff out I'm worried about these big blocks & the lack of return on them.

There are many pools. If we are too greedy for blocks we may well have nothing but crap work dumped on us ( big blocks, low pay ). And at that point our average will suffer.

If that happens your only choice will be to go to a new pool. & Bitminter will die.

No-one can afford to run at a loss after all. So I'd be careful about these big blocks. If someone is trying to pay feck-all for a ton of work you really do need to avoid them.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I have 6 S1s, a BE Cube and two BE Blades.    I "think" mine was due to wifi as its back up above 1200 consistently.  I don't watch the ants status page constantly, but they weren't showing anything different when they were down around 1160 as they do now when they are above 1200. (1220s average) 


wifi can do lots of stuff like that.  can you try using a electric wire  cat 5 add on?


http://www.ebay.com/itm/FREE-SHIP-TP-Link-TL-PA2010KIT-AV200-Nano-Powerline-Adapter-Starter-Kit-/221412919336?pt=LH_DefaultDomain_0&hash=item338d3d0828


one of them plugs into router and an outlet.

   one plugs into an outlet next to the miners and into this

http://www.ebay.com/itm/NetGear-ProSafe-GS108NA-8-Ports-Gigabit-Desktop-Switch-NEW-RETAILS-4-69-95-/231262223171?pt=US_Network_Switches&hash=item35d84d7b43

then plug into your miners. all hardwired no dropouts
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Maintenance 2014.07.11 14:00 UTC. Expected mining downtime 1 to 5 min.

Software upgrade on the mining server. You should probably not even notice this. But if you've had problems with your miner(s) crashing when they get disconnected from the pool, then you'll want to watch out (and report the issue to whoever makes your software).
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