Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here. - page 25.

thomas_s

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Activity: 574

Merit: 500

Quote from: Ridicuss on November 09, 2013, 05:25:16 PM

Quote from: bobsag3 on November 09, 2013, 04:21:35 PM

Quote from: testerx on November 09, 2013, 04:12:43 PM

Did we have really bad luck? For some reason my calculations show that at 3.33 thrash we should have mined 30 coins over 9 days at current difficulty. Except we actually were mining at 390 million difficulty for the first few days so it should have been closer to 33. I don't think BTC guild has been yielding that badly so we must have been under 50% hash rate on average. From what I can tell the compensation would bring us up from approximately 50% to about two thirds of calculated returns. But then again there's no way all the equipment could have been up instantly on Nov 1 so if you drop the first day the numbers look better.

Exactly. We had I think ~2.5 days on the old diff, then the remainder on the new diff. Although technically speaking R11/12 didnt start till monday. 7 coins seemed a fair and even compensation, in addition to the free hosting.

Agree with your statements. I think 7 is a very nice compensation. I remember when I joined all I expected was shipping by Nov 1. I had hoped it would be up and hashing quickly and it was. Thanks to the GB team for being honest, open and fair. All you guys put your own time in on these GBs and I appreciate that time.

Thank you!

M

Your very welcome, we do our best to please.

Ridicuss

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Activity: 336

Merit: 250

Quote from: bobsag3 on November 09, 2013, 04:21:35 PM

Quote from: testerx on November 09, 2013, 04:12:43 PM

Did we have really bad luck? For some reason my calculations show that at 3.33 thrash we should have mined 30 coins over 9 days at current difficulty. Except we actually were mining at 390 million difficulty for the first few days so it should have been closer to 33. I don't think BTC guild has been yielding that badly so we must have been under 50% hash rate on average. From what I can tell the compensation would bring us up from approximately 50% to about two thirds of calculated returns. But then again there's no way all the equipment could have been up instantly on Nov 1 so if you drop the first day the numbers look better.

Exactly. We had I think ~2.5 days on the old diff, then the remainder on the new diff. Although technically speaking R11/12 didnt start till monday. 7 coins seemed a fair and even compensation, in addition to the free hosting.

Agree with your statements. I think 7 is a very nice compensation. I remember when I joined all I expected was shipping by Nov 1. I had hoped it would be up and hashing quickly and it was. Thanks to the GB team for being honest, open and fair. All you guys put your own time in on these GBs and I appreciate that time.

Thank you!

M

bobsag3

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Activity: 546

Merit: 500

Owner, Minersource.net

Quote from: testerx on November 09, 2013, 04:12:43 PM

Did we have really bad luck? For some reason my calculations show that at 3.33 thrash we should have mined 30 coins over 9 days at current difficulty. Except we actually were mining at 390 million difficulty for the first few days so it should have been closer to 33. I don't think BTC guild has been yielding that badly so we must have been under 50% hash rate on average. From what I can tell the compensation would bring us up from approximately 50% to about two thirds of calculated returns. But then again there's no way all the equipment could have been up instantly on Nov 1 so if you drop the first day the numbers look better.

Exactly. We had I think ~2.5 days on the old diff, then the remainder on the new diff. Although technically speaking R11/12 didnt start till monday. 7 coins seemed a fair and even compensation, in addition to the free hosting.

testerx

hero member

Activity: 608

Merit: 500

For some reason my calculations show that at 3.33 thrash we should have mined 30 coins over 9 days at current difficulty. Except we actually were mining at 390 million difficulty for the first few days so it should have been closer to 33. I don't think BTC guild has been yielding that badly so we must have been under 50% hash rate on average. From what I can tell the compensation would bring us up from approximately 50% to about two thirds of calculated returns. But there's no way all the equipment could have been up instantly on Nov 1 so if you drop the first day the numbers look better.

I ran the calculations another way and basically we lost about a day and a half vs mining full force from nov 1 with the compensation so I think it's nice and fair since the original promise was that it'd all ship by nov 1

Miramyn

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Activity: 169

Merit: 100

Quote from: bobsag3 on November 09, 2013, 01:15:31 PM

Quote from: philipma1957 on November 09, 2013, 01:02:17 PM

Quote from: bobsag3 on November 09, 2013, 01:00:10 PM

Quote from: philipma1957 on November 09, 2013, 07:30:45 AM

thank you.

i see it is at 3.35 th or so. and I see we are at 14 plus btc. now it is early in the morning in NJ. I know we were not at half power from the first day up to now. we were a better then half power on avg. if we were half power we would be short 14 coins.. So I know the compensation is under 14 coins. I also know it is more then 5 coins since we average less then 75% power.

if we average 50% 14 / .5 = 28 we are owed 14 coins. if we averaged 75% 14 / .75 = 18.67 we are owed 4.67 coins.

So we are owed less then 14 coins and more then 4.67 coins. I am sure some one can get the right number in the next few days.

BTW BTC is 342 usd at coin base

I will be compensating the GB's for a total of 7 BTC to be added to the payout pool, to be paid out the 15th.

Based on my number of lost coins and that the hashrate started at 33% and ramped up to ~80 till yesterday, I think 7 coins is fair. Please let me know what yall think of this, I am open to ideas. Now this is in addition to no hosting fees till Dec 15th. I cant thank yall for being patient with me, been a long trip.

7 is close enough thanks!

I made a promise- best I can do is fulfil it

The fact that we are getting ANY compensation is what makes this Co-Op best one out there

Thanks guys

nicksmith

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Activity: 161

Merit: 100

ditto, thanks Bob! I am sure most of us have lost some money in these group buys on the forum, glad this one is legit and panning out.

madpoet

sr. member

Activity: 448

Merit: 250

I'm good with 7, thanks bob.

bobsag3

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Activity: 546

Merit: 500

Owner, Minersource.net

Quote from: philipma1957 on November 09, 2013, 01:02:17 PM

Quote from: bobsag3 on November 09, 2013, 01:00:10 PM

Quote from: philipma1957 on November 09, 2013, 07:30:45 AM

thank you.

i see it is at 3.35 th or so. and I see we are at 14 plus btc. now it is early in the morning in NJ. I know we were not at half power from the first day up to now. we were a better then half power on avg. if we were half power we would be short 14 coins.. So I know the compensation is under 14 coins. I also know it is more then 5 coins since we average less then 75% power.

if we average 50% 14 / .5 = 28 we are owed 14 coins. if we averaged 75% 14 / .75 = 18.67 we are owed 4.67 coins.

So we are owed less then 14 coins and more then 4.67 coins. I am sure some one can get the right number in the next few days.

BTW BTC is 342 usd at coin base

I will be compensating the GB's for a total of 7 BTC to be added to the payout pool, to be paid out the 15th.

Based on my number of lost coins and that the hashrate started at 33% and ramped up to ~80 till yesterday, I think 7 coins is fair. Please let me know what yall think of this, I am open to ideas. Now this is in addition to no hosting fees till Dec 15th. I cant thank yall for being patient with me, been a long trip.

7 is close enough thanks!

I made a promise- best I can do is fulfil it

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: bobsag3 on November 09, 2013, 01:00:10 PM

Quote from: philipma1957 on November 09, 2013, 07:30:45 AM

thank you.

i see it is at 3.35 th or so. and I see we are at 14 plus btc. now it is early in the morning in NJ. I know we were not at half power from the first day up to now. we were a better then half power on avg. if we were half power we would be short 14 coins.. So I know the compensation is under 14 coins. I also know it is more then 5 coins since we average less then 75% power.

if we average 50% 14 / .5 = 28 we are owed 14 coins. if we averaged 75% 14 / .75 = 18.67 we are owed 4.67 coins.

So we are owed less then 14 coins and more then 4.67 coins. I am sure some one can get the right number in the next few days.

BTW BTC is 342 usd at coin base

I will be compensating the GB's for a total of 7 BTC to be added to the payout pool, to be paid out the 15th.

Based on my number of lost coins and that the hashrate started at 33% and ramped up to ~80 till yesterday, I think 7 coins is fair. Please let me know what yall think of this, I am open to ideas. Now this is in addition to no hosting fees till Dec 15th. I cant thank yall for being patient with me, been a long trip.

7 is close enough thanks!

bobsag3

hero member

Activity: 546

Merit: 500

Owner, Minersource.net

Quote from: philipma1957 on November 09, 2013, 07:30:45 AM

thank you.

i see it is at 3.35 th or so. and I see we are at 14 plus btc. now it is early in the morning in NJ. I know we were not at half power from the first day up to now. we were a better then half power on avg. if we were half power we would be short 14 coins.. So I know the compensation is under 14 coins. I also know it is more then 5 coins since we average less then 75% power.

if we average 50% 14 / .5 = 28 we are owed 14 coins. if we averaged 75% 14 / .75 = 18.67 we are owed 4.67 coins.

So we are owed less then 14 coins and more then 4.67 coins. I am sure some one can get the right number in the next few days.

BTW BTC is 342 usd at coin base

I will be compensating the GB's for a total of 7 BTC to be added to the payout pool, to be paid out the 15th.

Based on my number of lost coins and that the hashrate started at 33% and ramped up to ~80 till yesterday, I think 7 coins is fair. Please let me know what yall think of this, I am open to ideas. Now this is in addition to no hosting fees till Dec 15th. I cant thank yall for being patient with me, been a long trip.

nicksmith

full member

Activity: 161

Merit: 100

Thanks for the updates and new thread. Everything good when you keep letting us know what is going on!

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

thank you.

i see it is at 3.35 th or so. and I see we are at 14 plus btc. now it is early in the morning in NJ. I know we were not at half power from the first day up to now. we were a better then half power on avg. if we were half power we would be short 14 coins.. So I know the compensation is under 14 coins. I also know it is more then 5 coins since we average less then 75% power.

if we average 50% 14 / .5 = 28 we are owed 14 coins. if we averaged 75% 14 / .75 = 18.67 we are owed 4.67 coins.

So we are owed less then 14 coins and more then 4.67 coins. I am sure some one can get the right number in the next few days.

BTW BTC is 342 usd at coin base

madpoet

sr. member

Activity: 448

Merit: 250

Great job. Looking forward to even more

Can we get an explanation of how the lost hashrate will be compensated? Really appreciate how hard you guys work on this.

DyslexicZombei

sr. member

Activity: 364

Merit: 250

R9 thru R12 has reached the minimum hashrate which was promised. We're still awaiting software improvements to chainminer, which we hope will help hashrate as well.

R9-R12 have been merged into one big mega pool and will all be paid out the same (as well as compensated for lost hashrate as we waited to get to our minimum hashrate.

Therefore: To reduce clutter on the GB forum and to simplify R9-12 discussions, please move your questions and discussions for these 4 rounds to this thread.

Thanks.

Topic: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here. - page 25. (Read 25175 times)