ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1152.

talnted

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Activity: 236

Merit: 100

www.bitcoingem.com

Quote from: lophie on April 29, 2013, 10:56:07 PM

Quote from: DiabloD3 on April 29, 2013, 10:30:38 PM

Quote from: friedcat on April 29, 2013, 09:16:24 PM

Quote from: lophie on April 29, 2013, 09:12:33 PM

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

We are switching to solo mode since we could not find enough pools having stable connection from China to distribute the hashpower.

The solo solution is being tested/done along with the deployment. The only problem is transparency. We plan to do it with writing information to the coinbase transaction to let everyone check.

You should consider p2pool instead of solo. Your traffic stays local like solo, but your variance is decreased like it would be on a pool.

+1, and increase the income by using this https://bitcointalksearch.org/topic/a-complete-guide-to-p2pool-merged-mining-btcnmcdvcixci0c-plus-ltc-linux-62842

Not suggesting we actually invest in alt-coins (Although it wouldn't be a bad idea), Just suggesting collecting them and selling them daily on vircurex or something.

So we merge mine with these asics for alt currencies and then dump them on exchanges? Do you realize how fast the value will fall for these alt currencies doing this? It will quickly become worthless. I cant imagine this is the direction ASICminer will go.

nebulus

hero member

Activity: 490

Merit: 500

... it only gets better...

+1 on p2pool Cheesy

penta

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Quote from: friedcat on April 29, 2013, 09:47:50 PM

Quote from: lophie on April 29, 2013, 09:30:14 PM

Just imagine all the share holders pointing at your pool even if it requires higher fees just to get the chances of us getting a block more probable. Grin

talk about incentive Shocked

No, it's not the business range of ASICMINER.

Also, public pool is an attract of both cyber and social attack which we would not like to be involved in.

What we will provide is transparency. We would not accept outside hashpowers.

this is good news.
i dont think there will be anymore of a transparency issue than there is already, if asicminer want to screw over the shareholders they could already by directing some of their hardware to other pools/solo. so it dosnt really change much as long as they report their solo mining numbers.

lophie

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Activity: 924

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Unlimited Free Crypto

Quote from: gog1 on April 29, 2013, 11:29:12 PM

Doesn't people get high stales and orphans from p2pool?

Used to. Not as much anymore. But some people around here claim to be still bad though. But is it worse than solo?

gog1

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Activity: 756

Merit: 500

Doesn't people get high stales and orphans from p2pool?

lophie

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Activity: 924

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Unlimited Free Crypto

Quote from: DiabloD3 on April 29, 2013, 10:30:38 PM

Quote from: friedcat on April 29, 2013, 09:16:24 PM

Quote from: lophie on April 29, 2013, 09:12:33 PM

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

We are switching to solo mode since we could not find enough pools having stable connection from China to distribute the hashpower.

The solo solution is being tested/done along with the deployment. The only problem is transparency. We plan to do it with writing information to the coinbase transaction to let everyone check.

You should consider p2pool instead of solo. Your traffic stays local like solo, but your variance is decreased like it would be on a pool.

+1, and increase the income by using this https://bitcointalksearch.org/topic/a-complete-guide-to-p2pool-merged-mining-btcnmcdvcixci0c-plus-ltc-linux-62842

Not suggesting we actually invest in alt-coins (Although it wouldn't be a bad idea), Just suggesting collecting them and selling them daily on vircurex or something.

DiabloD3

legendary

Activity: 1162

Merit: 1000

DiabloMiner author

Quote from: friedcat on April 29, 2013, 09:16:24 PM

Quote from: lophie on April 29, 2013, 09:12:33 PM

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

We are switching to solo mode since we could not find enough pools having stable connection from China to distribute the hashpower.

The solo solution is being tested/done along with the deployment. The only problem is transparency. We plan to do it with writing information to the coinbase transaction to let everyone check.

You should consider p2pool instead of solo. Your traffic stays local like solo, but your variance is decreased like it would be on a pool.

keystroke

hero member

Activity: 900

Merit: 1014

advocate of a cryptographic attack on the globe

Check out this latest change to 0.8.2:
https://github.com/bitcoin/bitcoin/pull/2577

This pull defines 'uneconomic dust' as 54.3 uBTC (5430 satoshis, about $0.007 at current prices), and treats any transaction with outputs less than 5430 satoshis as non-standard (won't be relayed, won't be mined). 5430 satoshis is derived from the cost (in fees) to spend a TxOut/TxIn. See https://people.xiph.org/~greg/txouts2.png for proportion of recent outputs this will (eventually) affect.

Will this make the initial Satoshis sent on dividends no longer relay/get mined?

furuknap

sr. member

Activity: 294

Merit: 250

http://coin.furuknap.net/

Regarding stock prices, there was a sell wall on BTCT of around [email protected] previously. I just checked in and saw a 'massive' sell-off and subsequent drop in price. The sell-off turned out to be 108 shares sold between 2:46 and 2:56.

Someone got cold feet or an urgent need for around ฿126.

.b

BlackLilac Jordan

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Activity: 163

Merit: 100

Quote from: friedcat on April 29, 2013, 09:16:24 PM

Quote from: lophie on April 29, 2013, 09:12:33 PM

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

We are switching to solo mode since we could not find enough pools having stable connection from China to distribute the hashpower.

The solo solution is being tested/done along with the deployment. The only problem is transparency. We plan to do it with writing information to the coinbase transaction to let everyone check.

Sweet.

friedcat

donator

Activity: 848

Merit: 1005

Quote from: lophie on April 29, 2013, 09:30:14 PM

Just imagine all the share holders pointing at your pool even if it requires higher fees just to get the chances of us getting a block more probable. Grin

talk about incentive Shocked

No, it's not the business range of ASICMINER.

Also, public pool is an attract of both cyber and social attack which we would not like to be involved in.

What we will provide is transparency. We would not accept outside hashpowers.

kano

legendary

Activity: 4634

Merit: 1851

Linux since 1997 RedHat 4

Quote from: lophie on April 29, 2013, 09:30:14 PM

Just imagine all the share holders pointing at your pool even if it requires higher fees just to get the chances of us getting a block more probable. Grin

talk about incentive Shocked

Makes no difference.

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

Just imagine all the share holders pointing at your pool even if it requires higher fees just to get the chances of us getting a block more probable. Grin

talk about incentive Shocked

novusordo

sr. member

Activity: 800

Merit: 250

Quote from: friedcat on April 29, 2013, 09:16:24 PM

Quote from: lophie on April 29, 2013, 09:12:33 PM

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

We are switching to solo mode since we could not find enough pools having stable connection from China to distribute the hashpower.

The solo solution is being tested/done along with the deployment. The only problem is transparency. We plan to do it with writing information to the coinbase transaction to let everyone check.

This is fantastic!

More variance, but no pool fees. This also helps out with BTCGuild's situation of being in possession of too much hashing power.

Franktank

hero member

Activity: 560

Merit: 500

Quote from: friedcat on April 29, 2013, 09:16:24 PM

Quote from: lophie on April 29, 2013, 09:12:33 PM

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

We are switching to solo mode since we could not find enough pools having stable connection from China to distribute the hashpower.

The solo solution is being tested/done along with the deployment. The only problem is transparency. We plan to do it with writing information to the coinbase transaction to let everyone check.

Forgive my ignorance on the technicalities of mining but does that mean the possibility of starting your own pool? Will there be a document/sheet being updated live for shareholders to see? I'm sure other maybe wondering the same thing

Cheers

friedcat

donator

Activity: 848

Merit: 1005

Quote from: lophie on April 29, 2013, 09:12:33 PM

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

We are switching to solo mode since we could not find enough pools having stable connection from China to distribute the hashpower.

The solo solution is being tested/done along with the deployment. The only problem is transparency. We plan to do it with writing information to the coinbase transaction to let everyone check.

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

So ASICMINER don't have secondary pool in case 1st pool went offline Huh

. Isn't that like.... easy to setup or something?

sveetsnelda

hero member

Activity: 642

Merit: 500

One of BTCGuild's servers was unavailable for a while (I've got some machines directed there). Eleuthria had to run a large SQL query to fix a PPLNS shift. It's been back up for a bit though.

ineededausername

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Activity: 784

Merit: 1000

bitcoin hundred-aire

It appears to have been a temporary outage, hashrate is increasing quickly (one-hour estimate on btcguild).

SmiGueL

sr. member

Activity: 322

Merit: 252

After reading this I didn't expected it either Huh

Quote from: eleuthria on April 26, 2013, 11:26:58 PM

Sorry about that. Back when BTC Guild started getting DDoS'd about 2 months ago, I gave many users a private server they could access to mine from during the attacks. The server was hosted outside of the main datacenter, and as a result was not hit when the other servers were. Many users were moved to another server after the first round of attacks, still private and "protected" (due to anonymity), but not at the same location. ASICMINER was still mining on the original protected/private server.

This week I have moved all servers back into either colocation or Amazon EC2, to get away from servers with such open security systems (no 2-factor auth, poor/no IP whitelisting, too much control available through the management panels, etc.). As a result, ASICMINER had to shift their Stratum proxies to a new IP, and it caused a temporary dip in the hash rate. However, the result of the move is ASICMINER is now hashing on a colocated server in a very stable and reliable datacenter, one that will likely never be moved as long as BTC Guild is in business.

_{* Hashrate climbing up slowly, now @ 4+ TH/s}

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1152. (Read 3917543 times)