ckpool.org CLOSED - page 58. | Bitcointalksearch.org

ComputerGenie

hero member

Activity: 1092

Merit: 552

Retired IRCX God

Quote from: faheshang on July 22, 2018, 11:17:07 AM

...Time left to block (assuming perfect world 100%): 0 day, -7 hours, -47 min, -32 sec

Iirc, there's a "flaw" in that calc, in that it assumes the current hashrate was the total the whole time. It doesn't work as well past 100% as it does leading up to 100%. Embarrassed

faheshang

member

Activity: 99

Merit: 16

Pool's hashrate leveling off at 400PH

Current Block Reward: 12.67375705

Current Difficulty Needed: 5,178,671,069,072

   Pool 5 min: 402P

   Estimated time between blocks: 0 day, 15 hours, 22 min, 9 sec

   Estimated time for new miner to hit full 5N: 3 days, 4 hours, 50 min, 48 sec

   Pool's current block diff (percent submitted of 1 block expected): 150.7%

   Time left to block (assuming perfect world 100%): 0 day, -7 hours, -47 min, -32 sec

puntpasskick

jr. member

Activity: 46

Merit: 39

Quote from: User name used on July 22, 2018, 11:05:58 AM

Quote from: ?? on ??

Quote from: -ck on July 22, 2018, 09:31:02 AM

Quote from: philipma1957 on July 22, 2018, 09:27:40 AM

Quote from: -ck on July 22, 2018, 08:49:30 AM

A big pool failover has made the hashrate hit new record highs. Here's hoping we get some blocks while they're here.

1 16vV8JJ6rHFmo7gcNxDqyUb5wdpJVQkU7W 116PH/s 7.44PH/s 1.08PH/s 3 153,128,698,502 116011120086 100% 152,665,090,361 0.07389008

is he still here?

Yes he is. I know who it is too since he's been communicating with me and they'll be here for at least half a day.

Hey big miner, you're welcome to stay.

Here's one for you
Hey Big Spender
http://dai.ly/x64o94e

Thanks for spending the day with us 16vV8JJ6rHFmo7gcNxDqyUb5wdpJVQkU7W!

User name used

jr. member

Activity: 102

Merit: 6

Quote from: ?? on ??

Quote from: -ck on July 22, 2018, 09:31:02 AM

Quote from: philipma1957 on July 22, 2018, 09:27:40 AM

Quote from: -ck on July 22, 2018, 08:49:30 AM

A big pool failover has made the hashrate hit new record highs. Here's hoping we get some blocks while they're here.

1 16vV8JJ6rHFmo7gcNxDqyUb5wdpJVQkU7W 116PH/s 7.44PH/s 1.08PH/s 3 153,128,698,502 116011120086 100% 152,665,090,361 0.07389008

is he still here?

Yes he is. I know who it is too since he's been communicating with me and they'll be here for at least half a day.

Hey big miner, you're welcome to stay.

Here's one for you
Hey Big Spender
http://dai.ly/x64o94e

faheshang

member

Activity: 99

Merit: 16

Pool's hashrate is growing incredibly!!!
Current Block Reward: 12.60931193

Current Difficulty Needed: 5,178,671,069,072

   Pool 5 min: 363P

   Estimated time between blocks: 0 day, 17 hours, 1 min, 14 sec

   Estimated time for new miner to hit full 5N: 3 days, 13 hours, 6 min, 11 sec

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: philipma1957 on July 22, 2018, 09:27:40 AM

Quote from: -ck on July 22, 2018, 08:49:30 AM

A big pool failover has made the hashrate hit new record highs. Here's hoping we get some blocks while they're here.

1 16vV8JJ6rHFmo7gcNxDqyUb5wdpJVQkU7W 116PH/s 7.44PH/s 1.08PH/s 3 153,128,698,502 116011120086 100% 152,665,090,361 0.07389008

is he still here?

Yes he is. I know who it is too since he's been communicating with me and they'll be here for at least half a day.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: -ck on July 22, 2018, 08:49:30 AM

A big pool failover has made the hashrate hit new record highs. Here's hoping we get some blocks while they're here.

1 16vV8JJ6rHFmo7gcNxDqyUb5wdpJVQkU7W 116PH/s 7.44PH/s 1.08PH/s 3 153,128,698,502 116011120086 100% 152,665,090,361 0.07389008

is he still here?

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

A big pool failover has made the hashrate hit new record highs. Here's hoping we get some blocks while they're here.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: gvb on July 22, 2018, 02:51:10 AM

Quote from: philipma1957 on July 21, 2018, 05:50:35 AM

I would argue that 100gh of gear should solo mine

Philip,

I also have a few 2PACs.

Would it be more wise then to load balance between the solo and multi ck pool to have chances on both?

And as backup as a pool might go down.

Well the math shows they lose money on multi ck pool unless your power is free.

the math shows they are a crazy high longshot on ck solo pool.

I have mine on ck solo

http://solo.ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

but my pc has a good cpu and I mine an alt which helps a bit.

gvb

jr. member

Activity: 140

Merit: 9

Quote from: philipma1957 on July 21, 2018, 05:50:35 AM

I would argue that 100gh of gear should solo mine

Philip,

I also have a few 2PACs.

Would it be more wise then to load balance between the solo and multi ck pool to have chances on both?

And as backup as a pool might go down.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Yea, in about 1,000 years. .. ... lol My goal is to collect all the sticks the company ordered. Rumor has it there are six. I have two. Feels like 'Ready Player One' a little bit (to bad the movie was terrible btw).

Tonight's beer: Terminal Gravity Eagle Cap IPA, "Center of the Universe" and a little home grown dab.

Edit for block rain dance.

2nd edit. Wife gave me vegan cheese made from coconut. Please save yourselves from this abomination.

faheshang

member

Activity: 99

Merit: 16

LET IT RAIN

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Yea, somehow I was able to "collect" another stick miner floating around here. Going to make -ck and I rich with 30gh on solo.ckpool.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: philipma1957 on July 21, 2018, 05:50:35 AM

Quote from: minerbobbert on July 20, 2018, 11:44:12 PM

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.

I would argue that 100gh of gear should solo mine

Your numbers are tiny the power used is more then the 3 cents a day you would earn.

At 3 cents a day it will take you more then a year to get to 10 dollars which is when you would be paid as I think we are paying at about the 10 dollar level.

You start getting into the queue for a payout once you've accumulated the dust limit which is only 5640 satoshi or 0.00005640 BTC, so much less than 10 dollars, but on average small miners are postponed about 11 blocks at the moment from when they hit the payout limit.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: minerbobbert on July 20, 2018, 11:44:12 PM

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.

I would argue that 100gh of gear should solo mine

Your numbers are tiny the power used is more then the 3 cents a day you would earn.

At 3 cents a day it will take you more then a year to get to 10 dollars which is when you would be paid as I think we are paying at about the 10 dollar level.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: minerbobbert on July 20, 2018, 11:44:12 PM

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.

Work is not "erased". Your payout simply dropped from not contributing for 48 hours so you'll get paid for all the shares you submitted before that and any you submit after that. There is no such thing as "superseding" someone else's work. It's silly to worry about downtime thinking that somehow you won't get paid for it - of course you won't get paid for the period you're not mining... but it has no effect on the period you are mining for. The ramp up/down is about 2 weeks long. If it's not worth mining here, then it's not worth mining ANYWHERE with such a small hashrate. This pool has the fairest small miner/dust payout management you'll find anywhere.

minerbobbert

member

Activity: 177

Merit: 10

Can someone clarify the ramp up/ramp down again for me? I'm a small miner and have less than 100 gh at the moment. I've been mining here for months and managed to earn $1.06 as of a few days ago (not sure my herp/derp numbers as this was from the computergenie site.

Anyway, I get a problem with my miner and had to take it offline for 48 hours before I could start it again... Only to see my prior work is essentially erased and now I'm sitting at $0.05 in pending payouts.

So my question is if it is even worth my time mining here. I can't guarantee my miners won't have downtime in the months to years it will take to get in the payout pool, and if my prior work gets superceded by the guys with the real hashrates in only a few hours I will never earn a payout.

I don't expect to turn a profit mining, I do it to support the network but if I'll never even get a miniscule payout I might as well join the solo pool and give up here.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: faheshang on July 20, 2018, 06:49:38 PM

I don't think some people will ever do the math. I hear about people mining in places where the electricity costs are .20/kwh and they are running something like an S7
and they wonder why they aren't making any money let alone getting any kind of a payout at their pool of choice. Once it is pointed out to them they shouldn't be mining
with an S7 where electricity rates are high, they usually reply that mining is just a hobby to them. Go figure.

This is not as simple as people are being stupid by the way. When I first started mining, I was mining with GPUs that cost more in electricity to run than the worth of BTC it earned at the time. We did it for many reasons; a combination of it being fun, interesting, challenging, we felt like we were contributing to the network and bitcoin growth on the whole, and we earned some bitcoin that may or may not have been worth something in the future. We did NOT just bet on bitcoin's value going up as a way of earning money. If you are mining at a cost equal to or greater than it earns you in bitcoin, and doing so for "profit", you are betting on the value of bitcoin going up - and it's the hardest possible way to earn bitcoin given that equation; it's more effective to just convert $ to BTC, but then you lose all the other aspects I mentioned earlier.

So mining with an S7 or 2 or 3 at a loss is not as stupid as it appears really, but mining with hundreds of them thinking you're earning money probably isn't the smartest thing in the world to do...

faheshang

member

Activity: 99

Merit: 16

Quote from: ComputerGenie on July 20, 2018, 01:04:12 PM

Quote from: faheshang on July 20, 2018, 11:15:58 AM

... As more and more miners realize their profits are going down at other pools, they hopefully will
find a port in the storm at ckpool...

2 things have to happen
1) a run that overcomes our historical bad luck (so that "feels good" happens)
2) people need to learn math

Time and again, I see people that need "instant gratification" and their "greed" for that blinds them to the mathematical fact that their actions run counter to their greed goals. Beyond that, I don't see why this pool didn't massively grow more at any given point in the last year.

I don't think some people will ever do the math. I hear about people mining in places where the electricity costs are .20/kwh and they are running something like an S7
and they wonder why they aren't making any money let alone getting any kind of a payout at their pool of choice. Once it is pointed out to them they shouldn't be mining
with an S7 where electricity rates are high, they usually reply that mining is just a hobby to them. Go figure.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Quote from: ComputerGenie on July 20, 2018, 01:04:12 PM

Time and again, I see people that need "instant gratification" and their "greed" for that blinds them to the mathematical fact that their actions run counter to their greed goals. Beyond that, I don't see why this pool didn't massively grow more at any given point in the last year.

It was an adjustment for me earlier in April when I moved here when our hash rate was 15PH or so. Now, it should be much "easier" or comfortable for people to switch over. Once people learn more about tx fees, scoring, and payouts they'll tend to show up.

Topic: ckpool.org CLOSED - page 58. (Read 162838 times)