Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 213. (Read 4382653 times)

I think that people see the luck growing with Slush and point there hardware here, the problem is that by the time they identify that we are being lucky the luck is probably running out so then block times grow and our rewards drop. This is the downside of luck, it can be good or bad and no one can ever tell how long it will last.

The big problem is that many miners are both greedy and stupid (present company excepted, obviously) and therefore they move their hashing power around thinking they will make a fast buck, instead they probably actually do worse because of it, and don't even realise.

The other explanation is that all minders are neither greedy nor stupid but instead a pool has failed and many miners have failed over to slush, its just a coincidence that this always seems to happen whenever Slush is experiencing a run of good luck.

It is what it is and frankly I welcome the new hashing power, I only wish they would stay and make Slush even bigger. Personally I think Slush deserves to be at least 20PH/s.

^ That is actually a good observation. We get in a good pocket of solving blocks, the hoppers come and "rock the boat" and out of the pocket we go.

OMG! How dare you mention S1's are next to nothing on ebay... when someone is trying to sell them in this thread, and selling them quite well, and more selling right now as I type!  regardless of your inconsiderate mentions of proper prices.
How uncaring and unprofessional of you! I mean it is ok to bash bitmain for charging too much but if u note someone is seeking 2x todays prices then OMG OMG... red face angry man time.

Yeah I could load up on tons of S1's in my server room but I would put the circuits at too much of a load... sigh!
that is why I went with upgrade kits. although I probably should have just got s3's and sold the s1's even though I would only get around $75 for them at the time... but it is good to know people here will pay $130+

and BTW, I moved some stuff back here so we are going to have 10 hour blocks again. SIGH...
I was staring at it last night and went to do something else, come back check and block block block... each time oh well

Somebody (probably another pool that mines pools) has pointed apx. 12 PH at us so we are probably screwed for a while. Seems like every time this happens block times go to 12+ hours and our rewards plummet. I know the extra hash should help us solve faster but history here shows the opposite. Hope I am wrong this time.

I pointing more hardware here so kiss your blocks goodbye ..

Last night I upgraded my Antminer S1's to S3's but left the firmware the same. Later on I upgraded the firmware and set about setting the clock speeds to see what hashing rate I could get.

After nearly 24 hours I have a stable S3 hashing at 499GH/s and one S3 hashing at 466GH/s if I try and push the second one to 499GH/s it starts to show errors so i guess that 466 is its limit.

Anyway that two successful upgrades and here's hoping that they will generate enough to pay for themselves and maybe even make a little on top.

It's great to see that luck is currently on our side but remember every bit of good luck will one day be matched with a similur bit of bad luck. I love mining with Slush and will keep going as long as I can, I have tried GHash and others but Slush is just more fun, I do however keep GHash as my backup just in case Slush goes down, although to date I have never needed to use it.

I am happy to keep mining even though the Bitcoin price is dropping as I am quietly hopeful that one day it will bounce back and when that happens my Bitcoins will be worth something substantial, until then I guess i will just keep swapping electricity for Bitcoins.

In an attempt to help with the electricity costs I have recently invested in some solar panels so as soon as they are fitted to the roof they will pay for about half of my bitcoin energy usage, and i hope to upgrade the solar system later on next year to cover the other half (Happy days!).

The luck is nice, but all these pool hoppers sucks!

Love seeing that 200%! Now we just gotta wait for BTC to poke above $400 again

Looks like Slush is on another roll! 

SEVEN blocks already today with nearly half the day left!!! 

Well I've been buying loads of S1's on ebay for next to nothing.  Fed up waiting for Bitmain to produce batch 10.  Plus 4 S1's for £160 gives me much more hashing compared to S3 cost.  Power is not an issue before anyone mentions it.  The main issue I have I they're VERY noisy compared to S3.

In my opinion it has a chance...If enough people and businesses adopt it (it doesn't even have to be legit or in 1st world countries). I think manipulation is not the best word. Bitcoin markets can be easily moved at this stage that's all.

EDIT: Volatility is a known factor for businesses. Again look up hedging. Airlines hedge against fluctuations in fuel prices for example.




Location matters. In the beginning there wasn't any accepting places anywhere and look at the progress now.

Bitcoin is built by the community not forced by a government or pushed by companies with huge budgets. If nobody worked in their free time to improve the scene then we couldn't have reached the current level.

you are correct sir, I didn't have time to dance this time. However, We will take 7 a day anyday

hey man only problem I had was the F2A no cell phone at least coinbase lets me use my Home phone , i see more and more every day i may just have to  break down  and get a smart Phone that's the old School in me . been tiring to avoid a cell phone for years. i wasn't kidding when i said I don't care for that stuff I don't i love the WEbb but some of it can be a bit extreme for  me  and found that dark place on the BiTcoin site to day I knew i would sooner later but these site are the  only one  of this kind and  all searches lead to bitcoin.com forums. "_ .  well any way once i get a smart phone in the next days i hope I'll keep using CB.

  what no one else danced only got 7 not 10 sheeeesh jk much better day after a brutal last few

Yes, a business like Bitcointalk is able to operate in Bitcon so successfully because all of its overhead is also paid in Bitcoin. Unfortunately we don't have that luxury.

Absolutely. We don't currently support Forex accounts whose base currency is Bitcoin because it is just too risky. Thus, we must convert the funds to USD and sell right away. With such a long down trend, and with BTC being 33% of its value from 10 months ago, we would have suffered large losses without converting to fiat.

On a happy note -- a good day for Slush!

Thank you
Bob

You are correct Sir !!!

Just got my S1 upgrades done (finally, the kit has been here for about a week). Great news two of my S1's are now hashing at 478GH/s each at the first attempt.

I haven't upgraded the firmware yet as the Bitmain site seems to be offline but just changing the values in asic-freq to the default level for S3's has got me hashing at a much higher rate, and using less electricity!

I am sure my natural exuberance will be tempered by an increase in difficulty and global hashing rate, but just let me have my few minutes of enjoyment as i watch my hash rate grow.

I found it very easy to strip down the S1 and install the upgrade, but I think Bitmain went over the top when they put the thermal grease on the S1's as there was loads, and it was quite uneven. In my experience its always best to have a smooth even coating to get the heat away from the board.

I hope that the firmware upgrade will be simple and i intent to do it ion the next few days.