btt - page 83. | Bitcointalksearch.org

stslimited

hero member

Activity: 546

Merit: 500

Quote from: creativex on June 20, 2013, 08:44:17 PM

Quote from: matt4054 on June 20, 2013, 08:26:45 PM

Quote from: creativex on June 20, 2013, 07:34:10 PM

LOL Orphaned! That'll teach me to pay out before getting paid.

Yes, sorry about that, I figured when I read about it in the BitParking thread.

Are you considering other pools (e.g. with PPS) or do you plan to stick with BitParking only?

Yeah, just read that post by doublec. My own bad, I should've checked.

I've tried out bitminter, slush, and btcguild a few times, but I always go back to bitparking. The payouts always seem more consistent over time. Slush is being reported as dead on the Avalon cgminer config though, I need to look into it when I have more time. I'd likely set up slush as first or second failover.

Cheers.

bitminter was the best for me

paying 1.5% for immediate payout, when stales/orphans were about 6% over time, subsidized by the namecoin payouts as well. Best deal for me. But I think mining across two big pools may keep your luck consistent

stslimited

hero member

Activity: 546

Merit: 500

what was basic mining's hashrate before this ASIC arrived?

creativex

sr. member

Activity: 434

Merit: 250

Quote from: matt4054 on June 20, 2013, 08:26:45 PM

Quote from: creativex on June 20, 2013, 07:34:10 PM

LOL Orphaned! That'll teach me to pay out before getting paid.

Yes, sorry about that, I figured when I read about it in the BitParking thread.

Are you considering other pools (e.g. with PPS) or do you plan to stick with BitParking only?

Yeah, just read that post by doublec. My own bad, I should've checked.

I've tried out bitminter, slush, and btcguild a few times, but I always go back to bitparking. The payouts always seem more consistent over time. Slush is being reported as dead on the Avalon cgminer config though, I need to look into it when I have more time. I'd likely set up slush as first or second failover.

Cheers.

matt4054

legendary

Activity: 1946

Merit: 1035

Quote from: creativex on June 20, 2013, 07:34:10 PM

LOL Orphaned! That'll teach me to pay out before getting paid.

Yes, sorry about that, I figured when I read about it in the BitParking thread.

Are you considering other pools (e.g. with PPS) or do you plan to stick with BitParking only?

creativex

sr. member

Activity: 434

Merit: 250

LOL Orphaned! That'll teach me to pay out before getting paid.

creativex

sr. member

Activity: 434

Merit: 250

As to our first ASIC powered dividend, please keep in mind that I didn't get the Avalon configured and mining until sometime after 8 EST last night, so we're not seeing a full day's dividend from it yet. Officially we've only received 0.23708058BTC since that time, the rest(0.56556372) is pending. It will take some time to confirm the blocks and get the payout. Our estimated round payout is 0.70324613BTC, there just haven't been very many rounds completed yet since powering up the Avalon.

I will pay out the confirmed 0.23708058(obviously) + the pending 0.56556372 and then add a bonus .2 to put us over the 1BTC mark before adding in the divvied up ASICMiner proceeds. This should put us over 1.25 for the day and we should handily beat that tomorrow when more confirmations come in.

Cheers.

Carnth

hero member

Activity: 634

Merit: 500

Quote from: thecodyshow on June 20, 2013, 03:55:12 PM

Any chance you will have shares on Bitfunder?

You can purchase MiningCo.ETF pass-through shares on Bitfunder.
MiningCo.ETF is a fund that holds shares in bASIC-MINING, as well as others.

Details here:
https://bitcointalksearch.org/topic/btc-tc-and-bf-miningcoetf-closed-134389

creativex

sr. member

Activity: 434

Merit: 250

Quote from: thecodyshow on June 20, 2013, 03:55:12 PM

Quote from: creativex on June 20, 2013, 03:42:58 PM

Quote from: Carnth on June 20, 2013, 01:38:44 PM

Quote from: creativex on June 20, 2013, 10:53:05 AM

I'd also like to begin phasing out our less efficient GPUs

LTC mining?

Hi Carnth. As you may know I've switched our GPU rigs to LTC mining on a number of occasions when there was an obvious benefit do doing so. This has helped us maintain a yield that's higher than we'd otherwise have been able to achieve while we awaited our consistently delayed ASIC gear. At this time LTC difficulty is 633 and due to jump over 20% in 16hrs. Some of the original GPUs that the company was founded on are already only marginally profitable as it is. I've replaced worn out stock fans with hideous(but effective) kludges on the 5830 & 6950 and the 6870's fan doesn't sound too perty these days. The 7770's and 6770's(which undervolt and overclock well) should remain profitable for awhile still. The rest of them will not when the necessary computer to keep them chugging along is factored into the equation. They're just not efficient enough for these difficulty levels.

Cheers.

Any chance you will have shares on Bitfunder?

I've no plans to do so at this time, but that may be something I look at in the future. I'm stretched pretty thin as it is at the moment and don't want to bite off more than I can safely chew.

thecodyshow

newbie

Activity: 30

Merit: 0

Quote from: creativex on June 20, 2013, 03:42:58 PM

Quote from: Carnth on June 20, 2013, 01:38:44 PM

Quote from: creativex on June 20, 2013, 10:53:05 AM

I'd also like to begin phasing out our less efficient GPUs

LTC mining?

Hi Carnth. As you may know I've switched our GPU rigs to LTC mining on a number of occasions when there was an obvious benefit do doing so. This has helped us maintain a yield that's higher than we'd otherwise have been able to achieve while we awaited our consistently delayed ASIC gear. At this time LTC difficulty is 633 and due to jump over 20% in 16hrs. Some of the original GPUs that the company was founded on are already only marginally profitable as it is. I've replaced worn out stock fans with hideous(but effective) kludges on the 5830 & 6950 and the 6870's fan doesn't sound too perty these days. The 7770's and 6770's(which undervolt and overclock well) should remain profitable for awhile still. The rest of them will not when the necessary computer to keep them chugging along is factored into the equation. They're just not efficient enough for these difficulty levels.

Cheers.

Any chance you will have shares on Bitfunder?

creativex

sr. member

Activity: 434

Merit: 250

Quote from: Carnth on June 20, 2013, 01:38:44 PM

Quote from: creativex on June 20, 2013, 10:53:05 AM

I'd also like to begin phasing out our less efficient GPUs

LTC mining?

Hi Carnth. As you may know I've switched our GPU rigs to LTC mining on a number of occasions when there was an obvious benefit do doing so. This has helped us maintain a yield that's higher than we'd otherwise have been able to achieve while we awaited our consistently delayed ASIC gear. At this time LTC difficulty is 633 and due to jump over 20% in 16hrs. Some of the original GPUs that the company was founded on are already only marginally profitable as it is. I've replaced worn out stock fans with hideous(but effective) kludges on the 5830 & 6950 and the 6870's fan doesn't sound too perty these days. The 7770's and 6770's(which undervolt and overclock well) should remain profitable for awhile still. The rest of them will not when the necessary computer to keep them chugging along is factored into the equation. They're just not efficient enough for these difficulty levels.

Cheers.

wiak2

sr. member

Activity: 560

Merit: 250

The ASICMINER dividend was lower this week, so I expect that may be double current dividends in the coming weeks.. Also, the shares were bought at an average of 2.47 BTC, and the price has risen to around 2.85 BTC, so right there's an increase of 38 BTC over the 100 shares as well.

chkgk

member

Activity: 63

Merit: 10

ha, i overlooked the huge portion of the dividend that comes from the 100 asicminer shares - thx for clarification!

wiak2

sr. member

Activity: 560

Merit: 250

Quote from: chkgk on June 20, 2013, 02:50:05 PM

I am really not sure about my math skills right now, but seeing that the hashrate went up from 2.1gh/s to now roughly 70gh/s aren't we now potentially looking at ~35 times the dividend per share? Shocked

Looks like with 73,800 Mh/s at current difficulty, 1.92 coins are mined per day. In addition, dividends from the 100 ASICMINER shares give roughly 0.258 coins/day this week, for a total of 2.178 coins/day. This is equal to around .000435 coins/day/share in dividends, or 0.159 coins/year/share.

Dumbastronaut

member

Activity: 126

Merit: 16

Quote from: chkgk on June 20, 2013, 02:50:05 PM

I am really not sure about my math skills right now, but seeing that the hashrate went up from 2.1gh/s to now roughly 70gh/s aren't we now potentially looking at ~35 times the dividend per share? Shocked

You also have to take into account the rise in difficulty from others receiving their Avalons.

I would estimate around 25-30x the dividends Grin

I could be way off though

chkgk

member

Activity: 63

Merit: 10

I am really not sure about my math skills right now, but seeing that the hashrate went up from 2.1gh/s to now roughly 70gh/s aren't we now potentially looking at ~35 times the dividend per share? Shocked

creativex

sr. member

Activity: 434

Merit: 250

Quote from: bobboooiie on June 20, 2013, 01:37:41 PM

Cant find it on 1st and last 3 pages so Iam going to ask this

Do you have any other machines you are waiting for ?

Hi bobboooiie. The company's paid for 4 module batch 3 Avalon...which hopefully won't be too far behind our batch 2 unit now that Avalon seems to be getting their ummm...brown stuff together. I've also emailed an individual that claims to have a "custom computer for finding bitcoins imported from China" for sale. He has not yet responded.

Cheers.

Carnth

hero member

Activity: 634

Merit: 500

Quote from: creativex on June 20, 2013, 10:53:05 AM

I'd also like to begin phasing out our less efficient GPUs

LTC mining?

bobboooiie

hero member

Activity: 656

Merit: 500

Cant find it on 1st and last 3 pages so Iam going to ask this

Do you have any other machines you are waiting for ?

creativex

sr. member

Activity: 434

Merit: 250

Nice chart dexX7. Particularly useful as Coinflow's charts haven't updated yet today.

Here's a look at our mining performance on bitparking the past few days. Little bit of a bump there in the last 18hrs or so.

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: Dumbastronaut on June 20, 2013, 11:32:56 AM

Where does one find a chart like this???!

The charting software is called NinjaTrader which allows historical data import, but there is no out-of-the-box data-transformation yet.

Topic: btt - page 83. (Read 407332 times)