The reason why we switched back from Solo-mining was due to that we didn't have enough of the network mining power and hence had too high of a variance.
Heh, and nobody warned you?
Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 40. (Read 378562 times)
April 08, 2014, 10:10:26 AM
Heh, and nobody warned you?
April 08, 2014, 09:50:05 AM
sorry to be blunt, but you look like bumbling fools. ramping up, ramping down, going solo, changing pools, testing variance.
this is investor money you are playing with, or have you forgotten this?
this is investor money you are playing with, or have you forgotten this?
Thank you for your opinion. Don't be sorry, I appreciate "blunt". It trumps "concise".
Before I describe the events leading up to it, I'll hold off for a day or so to collect more opinions on the decision. It wasn't made lightly.
of course, and thank you for acknowledgement of my comment. I wish you all the best; and a settled mining in the near future, wherever you choose it to be.
April 08, 2014, 09:48:29 AM
sorry to be blunt, but you look like bumbling fools. ramping up, ramping down, going solo, changing pools, testing variance.
this is investor money you are playing with, or have you forgotten this?
this is investor money you are playing with, or have you forgotten this?
Thank you for your opinion. Don't be sorry, I appreciate "blunt". It trumps "concise".
Before I describe the events leading up to it, I'll hold off for a day or so to collect more opinions on the decision. It wasn't made lightly.
April 08, 2014, 09:28:12 AM
Just an update from our side:
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
sorry to be blunt, but you look like bumbling fools. ramping up, ramping down, going solo, changing pools, testing variance.
this is investor money you are playing with, or have you forgotten this?
they are all excuses to hide a hefty portion for themselves so we only see less than half for ourselves. it's called embezzlement.
High variance is bad for operations as we still have bills to pay that come every month, independent on how many blocks we have solved that month.
You can follow both the Hashing power trail and well as the Bitcoin trail, it is all transparent due to the nature of Bitcoin.
//DeaDTerra
This is no excuse for switching to pools that are already the largest and a threat to Bitcoin decentralization! There is absolutely no need to support these guys when p2pool will already do exactly what we need. This is absolute fucking bullshit and I'm getting pissed off that no one is listening to this or backing me up. If you don't want to support p2pool then fine, be jerk offs, but at least point at a smaller pool!!
was anyone complaining about payouts from Ozco.in? Personally i'd have reckoned solo was a better bet, but really DGM on Ozco.in is MADE for a rig like this.
April 08, 2014, 09:24:03 AM
Just an update from our side:
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
sorry to be blunt, but you look like bumbling fools. ramping up, ramping down, going solo, changing pools, testing variance.
this is investor money you are playing with, or have you forgotten this?
they are all excuses to hide a hefty portion for themselves so we only see less than half for ourselves. it's called embezzlement.
High variance is bad for operations as we still have bills to pay that come every month, independent on how many blocks we have solved that month.
You can follow both the Hashing power trail and well as the Bitcoin trail, it is all transparent due to the nature of Bitcoin.
//DeaDTerra
This is no excuse for switching to pools that are already the largest and a threat to Bitcoin decentralization! There is absolutely no need to support these guys when p2pool will already do exactly what we need. This is absolute fucking bullshit and I'm getting pissed off that no one is listening to this or backing me up. If you don't want to support p2pool then fine, be jerk offs, but at least point at a smaller pool!!
April 08, 2014, 09:19:59 AM
Just an update from our side:
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
sorry to be blunt, but you look like bumbling fools. ramping up, ramping down, going solo, changing pools, testing variance.
this is investor money you are playing with, or have you forgotten this?
they are all excuses to hide a hefty portion for themselves so we only see less than half for ourselves. it's called embezzlement.
High variance is bad for operations as we still have bills to pay that come every month, independent on how many blocks we have solved that month.
You can follow both the Hashing power trail and well as the Bitcoin trail, it is all transparent due to the nature of Bitcoin.
//DeaDTerra
April 08, 2014, 08:45:13 AM
Just an update from our side:
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
sorry to be blunt, but you look like bumbling fools. ramping up, ramping down, going solo, changing pools, testing variance.
this is investor money you are playing with, or have you forgotten this?
they are all excuses to hide a hefty portion for themselves so we only see less than half for ourselves. it's called embezzlement.
April 08, 2014, 06:46:09 AM
Hello!
Summing up the "MHS av" columns from the minestate site, the hashpower totals up to 146 Thash, which is roughly 62% of the target. Not sure if this has been asked/answered already, but when can we expect the rest of the hashpower to go live?
Also, what does "MHS5 av" column mean? The numbers there are generally lower.
Summing up the "MHS av" columns from the minestate site, the hashpower totals up to 146 Thash, which is roughly 62% of the target. Not sure if this has been asked/answered already, but when can we expect the rest of the hashpower to go live?
Also, what does "MHS5 av" column mean? The numbers there are generally lower.
April 08, 2014, 02:06:40 AM
Just an update from our side:
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
sorry to be blunt, but you look like bumbling fools. ramping up, ramping down, going solo, changing pools, testing variance.
this is investor money you are playing with, or have you forgotten this?
April 07, 2014, 11:44:11 PM
I'm still unable to access my CryptoMex account, now it asks for a token sent in the registration email, there's no token in my registration email...
April 07, 2014, 09:20:13 PM
I'm also not a fan of mining with Ghash.io. P2Pool is ideal for the hashrate we have, why not mine there? It has a much lower variance than solo mining but still no pool fees.
Why are we leaving ozcoin btw?
Why are we leaving ozcoin btw?
April 07, 2014, 09:17:46 PM
Just an update from our side:
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
Not cool. Please do not support ghash. Its just not neccasary. Mine on the smaller pools, or even better, p2pool.
April 07, 2014, 09:15:50 PM
Just an update from our side:
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
We've switched away from solo mining for the time being, and are spreading our hashrate equally between the three largest pools: btcguild, ghash.io and f2pool (discus fish). The change was made about 36h ago, shortly after we mined our 5th solo block.
Small IceDrill mention here: http://organofcorti.blogspot.com.es/2014/04/april-6th-2014-weekly-hashrate.html (great blog, if you're a miner it should be on your list of weekly things to read).
Payout target for f2pool: https://blockchain.info/address/1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU
April 06, 2014, 10:03:50 AM
I don't have access to the minestate site. Is there a way for interested investors to track the hashrate?
Log in with a google account.
New block: https://blockchain.info/address/12ej4RUwoszmQoKYyFg6Ej27L82xhFS5Ao
April 06, 2014, 08:44:25 AM
I don't have access to the minestate site. Is there a way for interested investors to track the hashrate?
April 05, 2014, 03:17:17 PM
Two weeks keeps coming up 'coz there's 7 internet years in a solar year, and 7 bitcoin years in an internet year, this makes 49 Bitcoin years in a solar year, and it feels like it takes anyone 2 years to accomplish anything, which is 2.12 standard weeks.....
+1 for what it's worth in bitcoin years 
Another disturbing news bit about hashslow and no real comment from icedrill about how
it's affecting or will affect this venture...
or did I miss something earlier in this discussion about the future of Icedrill vs. Hash
April 03, 2014, 08:42:54 PM
Two weeks keeps coming up 'coz there's 7 internet years in a solar year, and 7 bitcoin years in an internet year, this makes 49 Bitcoin years in a solar year, and it feels like it takes anyone 2 years to accomplish anything, which is 2.12 standard weeks.....
April 03, 2014, 04:09:39 PM
The current estimate is to go-live with IceDrill trading and dividend payments on cryptomex around the 19th of April, following a code-review and security audit.
THX. Oh how convenient...this is in "Two Weeks™".
April 03, 2014, 11:33:13 AM
Please start paying divs. We are mining for quite some time now. I would at least like to see that you are technically capable of paying divs. What is causing the hold up?
All the questions that have been currently asked could be answered in 5 mins.
Like the most commonly asked question is whats the eta on dividends being paid out.
The current estimate is to go-live with IceDrill trading and dividend payments on cryptomex around the 19th of April, following a code-review and security audit.
April 03, 2014, 11:32:48 AM
Well we heard mumblings about another data center, probably saving up the coin for the $100,000 n00b tax "setup" and deposit and boss needs a new Mercedes fee...
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