Topic: ckpool.org CLOSED - page 59. (Read 162894 times)

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.

You are right to a point. But my point is the global hashrate will go down when the profitability sinks like it has been.
The best place to be is ckpool which saves you energy costs if you have T1 miners and has a 0% fee with transaction
fees going to the miners. 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. By the way, I finished a 1 year ethereum contract with Hashflare and made a good profit,
but I never liked their high priced contracts for bitcoin. Wouldn't have touched them with a 10 foot pole.

With as much respect as I can muster: cloudmining is for suckers that can't math. 

Just got this email from Hashflare:
"Dear users!
 As you know, the last few months have been a difficult time for the cryptocurrency market, which has also affected the operation of our service.
We have made every possible effort in order to resolve the problem that has arisen – for instance, we have considered a variety of technical solutions, which would have allowed us to lower expenses related to maintenance and electricity. However, due to the general instability of the market, the actions we have taken could not significantly influence the current situation.
For over a month our users encountered a situation when the payouts were lower than the maintenance fees, resulting in zero accruals to the balance. As of 18.07.2018, the payouts were lower than maintenance for 28 consecutive days.
BTC mining continues being unprofitable, in light of which we would like to inform you that on 18.07.2018 we were forced to start disabling SHA hardware and today, on 20.07.2018, stop the mining service of active SHA-256 contracts in accordance with clause 5.5 of our Terms of Service, which are required to be accepted when creating a purchase and are the basis of concluding the contract.
We expect that the cryptocurrency market situation will stabilize in the nearest future and we will be able to offer our users new advantageous solutions.
We will continue to inform you about any changes. Stay tuned for updates!
Respectfully,

HashFlare team"

I've been wondering about this. It seems the bitcoin asics are at their limit for improvement. Even the latest 10nm
chips are barely better than the 16nm S9s. I've read that 7nm is being developed but that it won't help asics because
the heat involved in mining decreases the effectiveness of thinner wafers. Unless the price of bitcoin jumps up dramatically
before the next difficulty jump, it will not be profitable even with the lowest power rates available. However, if this happens
the global hashrate will decrease quickly thus decreasing the difficulty. Hopefully the profitability will stabilize again to about
where it is now. Next year's mantra will be "decrease power consumption". Look at the s9i that bitmain recently put out.
The design was solely to save energy and does not increase hashrate.

  Congratulation to 1ME5MsDjRUide4AHFpWRrAWnghZsxYh4f2 for the block!

this comes a bit late, but better late then never.

Yesterday I was unable to log in, today I could log in (this google captcha shit need to be replaced, or fixed)

Wow, guess I need to get the exhaust situation worked out so I can stay powered on. We have another run of hot days coming next week, back to high 90's and 90F is about my limit right now to keep all four on. Why such a large increase?

Estimated 12% increase next difficulty jump. Unreal, I liked it going down 4% last week.

I'll take a block a day here or ck's solo pool. Either or is great. 

But I'm still here... must be some other doctor.

Fuck what a day.  .. . nice to come home to a beer and a block.

could it be a block a day keeps the doctor away?

Looking at the BTC.com page and the CKPool stats, one has to smile 

A trend is developing......

maybe so

Pool average over 33 blocks = 108.05757576

I am thinking it was a result of faheshang offering to buy us all Bitcoin mugs.

Yes, nicely done.  You might be on to something there ...

nice  so my ? then %  worked  pretty quickly

Yay!

And, congrats 1ME5MsDjRUide4AHFpWRrAWnghZsxYh4f2

 
A small miner found it!

https://btc.com/00000000000000000031c8a3e6a01c4397759c462f0d1bd66d24a370453933f5

http://ckpool.org/blocks/532663.confirmed