Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 - page 41. (Read 325004 times)

    What are you doing with that miner man i got frrr electric. You want to sell it? If so what you want for it. I got psu man.

With a heavy heart, after 2 years and 4 months of exclusive mining with Bitminter, I shut down my Jupiter today.  It had barely been breaking even (or probably losing money) for some time now and I needed the space back, plus, with the weather warming up I really didn't want the heat in the house anymore and my shed is full of other things.  I sold it cheap on Craigslist and hoped to recommend the new owner use Bitminter, but when he picked it up he only wanted the power supplies and actually left the Jupiter with me.  It now sits, lonely and cold, in it's original shipping box.

I started mining in December 2013.  The difficulty was 707 Million and my 675 GH/s was making almost half a bitcoin a day!  With the price bouncing around $1000 US, every minute of downtime would have been expensive.  Bitminter was, and always has been, solid.  Back then we were finding 10+ blocks a day.  Four months in, I found my one and only block: 290714.  It was a green block with 20.5% CDF, 2h33min.  The feeling when I checked the Blocks list and saw my name was amazing.

Newer firmware, which I didn't want to install because it would mean downtime, bumped me up to about 720 GH/s.  A major power outage last fall knocked out one of my 4 modules, reducing me to 560 Gh/s, but it didn't really matter anymore. Today, at the current difficulty of 166 billion (an increase of more than a factor of 200 since I started) my Jupiter was making about 0.05 bitcoin a month, and dropping all the time.

Mining has been good to me and I have no regrets.  As great as it was to be "in" when ASICs were first appearing, it seems to me that it marked the beginning of the end of the hobbyist miner as it meant data centers of miners became practical, well, that and the huge increase in the value of bitcoin meant it was worth doing.  I fear for bitcoin as the mining becomes more centralized and more geographically localized: it's losing the distributed nature that is central to it's security.

My intention for writing this is not to bring anyone down, I just wanted to share my melancholy with people who would understand.

Best of luck to you all, and a special thanks to the Dr.

Good luck to you too

Best share ive got so far was 8G on my S3+. Best share on my cgminer with the U3's and gecko was 195M so they are close. Just wish I knew which of the ones on cgminer got that close lol. Its frustrating not being able to expand the window any larger or be able to scroll up and down the shares list.

On a different note, can someone crack this block please. I don't want to have to crack out the red boxers again, they just aren't my colour 

              gt_addict, I hear ya man. But I only got 250 in my miners. I have made 1500 off of them. Free electric helps a lot though. Imagine some one hitting with those geko things. But those sticks are efficient though. Good luck to ya.

I have yet to find a block for Bitcoin. I have no allusions about my chances as I am in a similar boat to yours. I guess my Litecoin block finds will have to tide me over for now.

Certainly was a nice one. Good to see a smaller miner get one. I've got no chance as I'm only just pushing 1Th lol.

I have no clue, but it sure was a nice find by MINEO13CC considering he is averaging between 10 and 12 TH/s.

Anyone know what kind of miners the last two blocks were found with? Never seen those names on the top minera list.

https://bitminter.com/block/btc/0000000000000000048e68f5b3460389a67274ce7b7ce3ee61772c39f1f7d059

Finally, on to the next one!

Certainly hasn't been good. Maybe that's why it looks like Aries has jumped ship and the total pool hashrate dropped down to 2800ghs, lowest I've seen it since I started mining. But maybe Doc can work some magic and get us back to double blocks every so often. 

The pool luck has been miserable these last few blocks.

Thanks!

https://shapeshift.io/ has been around for awhile and they make it stupid easy.

I should have gotten in with some rented high hash rate at about 2 1/2 days duration to get some high shift %.
But, I figured with my luck it would be hit right as soon as I did that. 
Oh well....
 

Thank you. I guess I'll collect a few hundred more to make it worth my while. 

poloniex.com

Can anyone recommend a reputable and fair exchange to transfer NMC to BTC's? I have seen a few online, but also heard that some are scams.

I know they aren't worth much, but better to change them over than have them just sitting in my account collecting dust.
Thanks.

Yes, Changed it to the 11th of April.  Thanks!

Pretty sure you meant 11th of April