[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 475.

vesperwillow

hero member

Activity: 616

Merit: 500

Quote from: mike_980 on December 11, 2013, 06:43:44 AM

mannn this is a long round, lets hope we get a few fast ones to make up for it when this one is over!

Also how does everyone go about selling their bitcoins (if they do)... I won't go into asking whether it's good to hold onto them as that will only start arguments Tongue

is there a thread dedicated to the best BTC exchanges or something? n00b question I know!

I use coinbase. Their exchange rate is very nice (usually between mtgox and btce) and refreshes frequently. You get money into your account within 2-3 days of selling them. More reliable than any other place I've tried, and they have merchant capabilities, and are actively listening to the user base for suggestions and making improvements.

If you're interested in signing up with them (after looking into them), you could use my referral link below. They'll deposit $5USD worth of BTC into your account by using my link.

Tazza

newbie

Activity: 41

Merit: 0

Quote from: mike_980 on December 11, 2013, 06:43:44 AM

Also how does everyone go about selling their bitcoins

localbitcoins. It's easy, and payments are often instantaneous. No exchange necessary. Your mileage may vary depending on where you live though

Mudbankkeith

hero member

Activity: 868

Merit: 1000

Quote from: mike_980 on December 11, 2013, 06:43:44 AM

mannn this is a long round, lets hope we get a few fast ones to make up for it when this one is over!

Also how does everyone go about selling their bitcoins (if they do)... I won't go into asking whether it's good to hold onto them as that will only start arguments Tongue

is there a thread dedicated to the best BTC exchanges or something? n00b question I know!

One option is to open a bitstamp account. useful for buying and selling, (there are other sites also available)

For a quick check on prices you can follow this link:- http://preev.com/

Or follow the genesis block:- http://thegenesisblock.com/

mike_980

newbie

Activity: 28

Merit: 0

mannn this is a long round, lets hope we get a few fast ones to make up for it when this one is over!

Also how does everyone go about selling their bitcoins (if they do)... I won't go into asking whether it's good to hold onto them as that will only start arguments Tongue

is there a thread dedicated to the best BTC exchanges or something? n00b question I know!

morrisford

newbie

Activity: 29

Merit: 0

When I first started with Slush about two weeks ago I set the threshold to 0.01 and when I crossed the threshold it transferred.

Morris

cenicsoft

sr. member

Activity: 276

Merit: 250

Quote from: cepo on December 10, 2013, 08:35:06 PM

thanks.
is btcguild better than slush coz of more THs pool speed?

Higher pool speed means more blocks, but you'll earn less share per block. As long as the pool is large enough to consistently generate blocks, you'll see earnings pretty stable no matter which major pool you choose. It's really a preference at that point and learning the nuances of each pool.

cepo

newbie

Activity: 25

Merit: 0

thanks.
is btcguild better than slush coz of more THs pool speed?

cenicsoft

sr. member

Activity: 276

Merit: 250

Quote from: cepo on December 10, 2013, 08:19:51 PM

Thanks mate.
Would you say it makes more sense to go with BTC Guild?

Also my Estimated reward at slush pool are changing all the time.
Sometimes I will get 0.000231 BTC, sometimes i will get 0.000192. is that normal?

It's normal since Slush uses a method where the latest shares submitted are more valuable than earlier shares. If you have disconnects or pool hop, you'll see wide swings in earnings.

cepo

newbie

Activity: 25

Merit: 0

Quote from: cenicsoft on December 10, 2013, 08:06:51 PM

Quote from: cepo on December 10, 2013, 07:42:52 PM

can someone tell me how many btc make a day in slush pool?
and how many MH/GH you use?

Thanks

It's based on luck, but Slush's pool averages around 12 blocks per day so here's the math:

Your Hash Rate/Pool's Hash Rate * blocks per day * 25 which is current payout per block *.98 after Slush takes 2%. There will be some variation since the payout per block doesn't include transaction fees.

So if you were hashing at 100Gh/s you could expect 0.062 Bitcoin per day based upon the hash rate at the current time I checked.

100/474653.331 * 12 * 25 * .98 = .062

Thanks mate.
Would you say it makes more sense to go with BTC Guild?

Also my Estimated reward at slush pool are changing all the time.
Sometimes I will get 0.000231 BTC, sometimes i will get 0.000192. is that normal?

cenicsoft

sr. member

Activity: 276

Merit: 250

Quote from: cepo on December 10, 2013, 07:42:52 PM

can someone tell me how many btc make a day in slush pool?
and how many MH/GH you use?

Thanks

It's based on luck, but Slush's pool averages around 12 blocks per day so here's the math:

Your Hash Rate/Pool's Hash Rate * blocks per day * 25 which is current payout per block *.98 after Slush takes 2%. There will be some variation since the payout per block doesn't include transaction fees.

So if you were hashing at 100Gh/s you could expect 0.062 Bitcoin per day based upon the hash rate at the current time I checked.

100/474653.331 * 12 * 25 * .98 = .062

cepo

newbie

Activity: 25

Merit: 0

can someone tell me how many btc make a day in slush pool?
and how many MH/GH you use?

Thanks

cenicsoft

sr. member

Activity: 276

Merit: 250

Quote from: btceic on December 10, 2013, 04:07:21 PM

Any changes to the minimum payout?

I have 0.006 stuck after I switched to bitminter.

Minimum payout is now at .05. Some places in the knowledge base refer to it being .01, but that was changed a long time ago I believe.

cosurgi

sr. member

Activity: 298

Merit: 250

Quote from: btceic on December 10, 2013, 04:07:21 PM

Any changes to the minimum payout?

I have 0.006 stuck after I switched to bitminter.

try http://support.bitcoin.cz/Knowledgebase/List

btceic

sr. member

Activity: 392

Merit: 250

♫ A wave came crashing like a fist to the jaw ♫

Any changes to the minimum payout?

I have 0.006 stuck after I switched to bitminter.

Matumaru

member

Activity: 73

Merit: 10

14 Blocks found until now. Not bad for 908M

BuhTuglia

full member

Activity: 137

Merit: 100

Quote from: Melb on December 10, 2013, 10:57:39 AM

Quote from: gourmet on December 10, 2013, 10:25:37 AM

New diff 908M more than an hour ago.
28.4 % increase.
(Pool hasn't found a block since yet.)

Viability of mining might be shorter lived than anticipated!

Wait until the diff is 300 trillion and the next block reduction hits...

Melb

newbie

Activity: 58

Merit: 0

Quote from: gourmet on December 10, 2013, 10:25:37 AM

New diff 908M more than an hour ago.
28.4 % increase.
(Pool hasn't found a block since yet.)

Viability of mining might be shorter lived than anticipated!

gourmet

sr. member

Activity: 311

Merit: 250

New diff 908M, 28.4 % increase.
(More than an hour ago.)
(Pool hasn't found a block since then yet.)

vesperwillow

hero member

Activity: 616

Merit: 500

Quote from: timmmers on December 09, 2013, 06:55:22 PM

it's income, and if it's like BFL...you'll miss that boat. You won't be hashing until its not worth it. Buying a big ASIC is very risky. A month lost hashing while others have been delivered to drive the difficulty up is a killer. Lose you serious income.

This is the precise reason I could never purchase a Neptune, even at the special discounted pricing. At best we're looking 3 months away, at worst 6 months. Even 3 months away.. will 4 or 5TH be enough to break even? It's sketchy at best, and that's hoping BTC value rises.

timmmers

sr. member

Activity: 1176

Merit: 265

Quote from: valerien on December 09, 2013, 03:27:59 PM

Quote from: KNK on December 09, 2013, 03:15:42 PM

Quote from: valerien on December 09, 2013, 03:08:56 PM

... would we need 120x more powerful hardware in 6 months ...

The hardware will be 10 times (not 120x but still quite an increase) more powerful, so if you want to keep your income steady, you will need a recent hardware ... do you still use your old 386 or even Pentium I (if you are old enough to ever had one of course)?

recycled/donated anything that old ages ago.. mostly Pentium4's and PentiumD's and the AthlonX2 (or whatever the equiv at the time was) lying around my garage.

hd 4870 in one of them pulling 70, a gtx480 in a cpl year old gaming rig pulling 130, and a gts250 pulling 30 in the few years-older rig addition to a cpu mining botnet I have running at night with some client computers. nothing crazy but it was getting me 0.01 per day last summer until I tried to deal with mtgox and lost my morale with btc's when I couldn't get my hands on any USD.. then tried another broker recently when the price spiked and wanted to get back into the game.

looks like you can get about 70GH/sec for about 3.5k if you buy 2 cubes full of blades chalked full of block erupter miners... at this point you need to drop long paper into a 1,200GH/sec miner or go home.

You can probably get a 14oGH/150GH KNC rig for that on ebay, I've seen a few go for that ballpark lately. Mine manages just under 1BTC a week after the latest diff increase, down from just over. So If I bought it today it would probably more than break even. It did that weeks ago though. All jam now until it costs more to power than it mines.
In 3-6 months the 20nm rigs will be out, hashing at roughly 3TH for 13k a pop, power required will be much more, 2kw range ...so it's getting industrial now.
The most important thing to consider isn't difficulty or power or speed though. It's delivery. IF you're paying that kind of money you'll get a rig with a pretty short sweet spot where it makes the lion's share of it's income, and if it's like BFL...you'll miss that boat. You won't be hashing until its not worth it. Buying a big ASIC is very risky. A month lost hashing while others have been delivered to drive the difficulty up is a killer. Lose you serious income.

Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 475. (Read 4382714 times)