Topic: [ANN] sgminer v5 - optimized X11/X13/NeoScrypt/Lyra2RE/etc. kernel-switch miner - page 56. (Read 877844 times)

Yes, your logic is correct for the most part.

However, I'd like to mention these items:

* the 0.2 DASH per 100% (which is currently 0.4 DASH with the promotion) base rate can be changed at any time. It can become higher or lower. This is all business. For example, about 10 hours ago X11 mining was more profitable than it is now.

* I don't know when the promotion will end, haven't decided yet. Currently the pool has about 120mhs of X11 and it is pretty hard to guesstimate the baserate from such low hash. The income is very jumpy (time between blocks is large). I feel that with 0.4 DASH per 100% I can get miners and that's what I am doing (even though looks like I am paying out more than I am earning).

* I am planning to seriously compete with other multipools and I want people to come to my pool and I want them to be happy with their earnings

* My software can switch algorithms, so it is not always X11. It can be X13 for example, so this is getting some extra profit as well.

* Yes, my kernel is faster than Wolf's leaked bins. I am not sure how it competes with his private bins though. And even though it is faster, do you think it is faster like 50% or more??? I wish it was true...

* All multipools take relatively high % from miners, usually 2% - 7%. It's just my payment strategy is different. And I think it may be very compelling to some miners who don't care about megahashes, different coin launches, different miners etc... They just want to mine some BTC and they want it to be simple, yet profitable. This is my offering.

A personal question: A few posts ago there was a claim that you can mine Quark for about 2X or 3X the profit, why are you not mining Quark?

Thanks

Looks on par for me.  Just received 0.00324 BTC after 24hrs on Dashminer.  That's on an 280X generating at 81%.

However, currently WITHOUT Wolf's bin, I'm generating roughly 0.0017 BTC a day at best on Westhash.  Now, after promotion and payout goes back down to 0.2 DASH/day (0.002 estimated BTC equivalent) my payout from Dashminer will be estimated at 0.00162 BTC a day.  If your miner is better than Wolf's but I'm generating the roughly the same payout elsewhere WITHOUT Wolf's bin, I guessing you are profiting the extra hash since I'm not necessarily benefiting from it.  I do find the "we have a fast mining kernel" and the claim that it is better than Wolf's (on the Dashminer thread) marketing strategy interesting because if the statement is true, it actually has no relevance to the miner because, in reality, they don't benefit from it...you do.  I'm not saying that's necessarily bad, it is capitalism after all...I just find the psychology behind it interesting.

Hi,

I've been a little bit disconnected from mining lately due to hard work.

I am getting 6,7Mhs with sgminer 4.2.1 in each Gigabyte R9 280x. Is it a good performance right now?

I write my config just in case can help to someone with lower hashrates:

Yes. Develop a better open source sg.

Don't ask me how that happened.... but for 3 or 4 hours it was giving me diff 8
If you can look at the shares I got at least 2 diff 8 shares in that time.

Interesting. If Dashminer gets good, fast X11 kernel, Dash community will have to react to avoid mining monopolization, 51% attack, masternode discrimination and all such things. They can put bold bounty for even faster kernel and/or DDOS dashminer pool. Or coordinate block withholding attack against the pool. Seems that with open sourced miner with open protocol and PPS payout from the pool it's impossible to countermeasure this attack, so Dashminer will have to close the protocol, which is almost impossible without closing miner sources. Which will violate GPL, because it's sgminer after all.
All this is pure speculation, of course, I'm watching how it will play out

I hear you.

But everybody replies in this thread, not in dashminer's thread. And so I have to also reply here.

Thanks for trying out the pool.

0.2 DASH/day is what is shown in miner software. Current promotion is "double payout". So you will get 0.4 DASH/day.

> Hmm now my diff is set at 8 and I haven't found a share in almost 2 hours...
dashminer.com sets share difficulty pretty low (around 0.1) with a target of 3 seconds for low reject ratio. There's no way to get to diff 8.

Hijacking a competitor thread... yet another low in cryptocurrency folks standard.

I am trying out this pool just for the fun of it....
It looks like they are actually paying about .2 dash/day on a 290x.
What happened to .4 dash/day?

edit:
Hmm now my diff is set at 8 and I haven't found a share in almost 2 hours...

Not negativity. Curiosity. I want to see how this scheme will work or how will it fail.

To developers...

If you have some custom kernels that are faster than publicly available ones... Please talk to me and I can either buy it for BTC or pay you some % from total pool earnings.
This can all be discussed.

You are spending a lot of time developing kernels, this can be rewarded.

I want my pool to have the best payouts to my miners. I don't want people to somehow cheat into using my pool. I want them to come by themselves and be happy of what they are earning. And yes, I want to earn from it myself.

I understand that there are a lot of people who think everything needs to be shared, opensource rulez, etc. I am not one of them.
I believe in capitalism. I am ready to compete with other pools.

Thanks!

Hi rednoW!

Thanks for the info.
Yes, I've heard there is a lot of interest in SharkCoin with the Quark algo.
Unfortunately, my miner does not support it. I thought about adding Quark, but the profitability was too small. Now I am thinking that my decision was wrong.
Perhaps I'll add it. My only fear is that by the time I add it, the SAK interest would be gone.

Also, my miner does not support Lyra2 or scrypt-n. I've heard that you can get some good profits on those.

As I mentioned before, it is hard to compete with nicehash or rig rentals. Because some people are ready to pay really high BTC even when their earnings are going to be less than what they paid for hash.

But still, there are a lot of X11 miners. There are a lot of miners on conventional DASH pools. Those are not multipools. Their income is less than what I am paying.

There will always be miners who follow the latest trends, mine newest coins even before they hit exchanges, etc. They get the most profit usually.

But there are other miners who just do it for fun and perhaps they want to support their coin. What I am doing is for them...

My pool is called "DashMiner" and I am supporting DASH community with 1% of earnings to DASH donation address. I strongly believe that I can offer at least 10% more DASH per day to DASH miners. What's bad in this?

Thanks!

2 dashminer

With amd 290 and quark performance near 15mhs (that is real with kachur miner) you'll get 0.006 btc per day on nicehash. The pool with clear stats, reputation and payout in btc. You'll need to pay near 0.008 btc per amd290 to get miners )))
And i'm sure your miner is not fastest in x11 algo )))

Thank you #crysx.

This is a serious thoughtful reply and I really appreciate it.

You write this:
"if it looks like negativity - then there really needs to be more specific details ... like HOW the miner works - where it mines specifically to - what percentage goes to you - etc ..."

But I ask you this question: Why do I need to provide more details?
I am telling how much I will pay you for your hardware. You can even know it before doing any mining at the pool.
R9 290 is 100%, which is 0.004 BTC per day, R9 280X is 85%, and so on.
You can compare with your current income and decide. For some people it would be awesome numbers, for others - not so much...

Can somebody post here how much they are earning say per R9 280X or R9 290. Algorithm and coin being mined. Then we can compare. (Or perhaps I will redirect my pool to this better coin)

What percentage goes to me... It is really hard to tell because the daily income depends on luck and this is pretty much PPS scheme - I am paying miners the same amount no matter how many blocks the pool finds. If you are interested, currently the pool is mining DASH and EXCL and there is about 100 mhs of hashrate. The number of blocks found so far is rather small (looks like I was out of luck) and I am paying miners from my own BTC.

Why do I have to tell anyone what algorithm I am using and which coin I am mining?
So that all other miners switch to this same coin and ruin the pool profit?

This is a commercial product, no doubt about this.
I don't want to end up like yaamp or hamsterpool or any other pools that closed recently.

Thanks!

PS: Just look at blackcoinpool...



Is this more "transparent" than my offering?

dashminer ...

if it looks like negativity - then there really needs to be more specific details ... like HOW the miner works - where it mines specifically to - what percentage goes to you - etc ...

we are not all coders here - so we cant all look at the code and create an opinion ... those that are devs and coders will definitely have something to say when they do look at the code - so people like ...

like i said earlier - lack of transparency and specific details WILL result in this ... its not just expressing opinions just for the sake of it ... especially from miners like ourselves ( as we cant speak for anyone else ) who WILL mine and become a loyal advocate IF we can rest assured that all is safe and well - and that no hashes ( or coins for that matter - no matter how small the 'percentage' ) are running as you state they are ...

transparency and attention to detail is the key to selling your product - whether it be a service or app or the like ...

djm34 - wolf0 - sp - pallas - etc ... they ALL are specific about what they have opensourced - what they have private - and what they have to sell or not ... even if it does meet the positive feedback of the community - there is no ambiguity ...

thats why we trust these devs ...

you will have to EARN your trust - and yes - some of us WILL test your pool and the mining ...

but the same issue i have had on the spreadcoin thread still ensues ...

that is ... if we have to continuously change miners and settings - then that could be a massive issue for miners like us ...

for the smaller miner with one or two machines and / cards - then that is no major deal ... but for miners with farms that is manually intensive - its a different story ... so we would rather use miners that we don't have to fiddle with - especially if algo change over and mining different coins are involved ... for the dash miner only - your pool sounds very promising ... i know sp is a huge dash advocate ...

which is why IM skeptical ( not speaking for the others here ) about a dedicated miner ... especially coming form a newbie - no matter how good a dev you may be ...

the devs i have mentioned earlier have the respect ( and in some cases - the opposition ) of the community as they have committed a great deal of time and effort to 'help' the community with the products that they develop ... most times completely free ...

time will tell ... but we will only ever commit one of the test machines to mine on your pool and will monitor it closely ...

that is when i have the time to do it ... too many things on our plate at the moment ...

hope it works out - as it sounds like you have done well ...

but again ... we wont be committing our amd side of the farm just for this ...

#crysx

So much negativity, but well... What can you expect from bitcointalk.

What's funny is that people criticizing have not even tried the pool and/or the software.

I don't know why you are so hung up on some person saying that he tried the pool.
The pool currently has about 10 miners. If all of them posted here would you be more happy?
Do you think that I am scamming you to mine for one day and not receive any payout? Something like that?
BTW, "notsofast" tried it and even twitted about it. I think he is a well known miner.

As for payouts... it is really hard to compete with mining rig rentals. And I know that sometimes people pay crazy prices to mine some new coin that is going to be completely forgotten a few months later.

But if you are mining DASH on a pool, then we definitely can give you a boost in the amount of DASH coins you receive per day.
You can compare our payouts with others on poolpicker.

If you have some constructive questions - please do ask them. But I think just saying bad things about stuff that you have no idea about is just not fair.

Thanks
dashminer

How are you guys any different than wepaybtc.com? Same Miner concept and almost same server locations. Even with your promotion going on, nicehash is equal to if not more than your payout.  The bin that you have is of no consequence to miners because your payout does not depend on speed. In fact if you have a higher speed bin than wolf0 but are paying out the same as nicehash then you are the only one profiting from the bin. I think you need to increase the payout to get miners to move over, especially when your promotion ends.

I can only mumble "aggrh.. umm... try a smaller model... may be physical modelling will be cheaper..."

I see ... I have some convergence problems here ... I tried both nvidia amgx and paralution but with mixed results. Maybe it's a model problem (((