[DISCONTINUED] cryp.today Mining revenue stats Scrypt Scrypt-N X11 X13 - page 44.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: helloman2k on May 01, 2014, 11:54:50 AM

wow that's crazy... profitability dropped by so much for most pools. didn't expect ASICs' effect to be this big, this quick, this early. that's bad news Cry

wonder if i should consider cancelling my ASIC order, looks like I'll never see ROI with this trend, it'll only get worse.

this is kinda incredible, lots of people are gonna lose money mining, don't you think.

Probably, but who said this is easy money? There is a lot of hype and bad math going around to confuse people into investing in something they don't fully understand, but the fact is that profitable mining is hard and boring work with a lot of risk involved. It should be covered in government warning labels, like plastic bags and extension cords Grin

dyask

hero member

Activity: 854

Merit: 510

Quote from: helloman2k on May 01, 2014, 11:54:50 AM

wow that's crazy... profitability dropped by so much for most pools. didn't expect ASICs' effect to be this big, this quick, this early. that's bad news Cry

wonder if i should consider cancelling my ASIC order, looks like I'll never see ROI with this trend, it'll only get worse.

this is kinda incredible, lots of people are gonna lose money mining, don't you think.

I'm betting that normal scrypt is going to get really tough as coin move to srcypt-n, scrypt-jane or something else. Time will tell.

helloman2k

newbie

Activity: 4

Merit: 0

wow that's crazy... profitability dropped by so much for most pools. didn't expect ASICs' effect to be this big, this quick, this early. that's bad news Cry

wonder if i should consider cancelling my ASIC order, looks like I'll never see ROI with this trend, it'll only get worse.

this is kinda incredible, lots of people are gonna lose money mining, don't you think.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: helloman2k on May 01, 2014, 04:29:40 AM

hey suchmoon, I'm following this thread everyday, great contribution!

the BTC/MH/day ratio has been pretty low these couple of days, is this a temporary phase or is it going to stay this low from now on? would you know the reason for the drop? sorry I'm new to this.

What z0rr0 said - ASICs are probably doing this. If I knew what's going to happen tomorrow I would be sipping mojitos on my private island

.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Nicehash was down for a few hours so this affected their numbers. Although others a sliding down too, even without downtimes.

z0rr0

sr. member

Activity: 303

Merit: 250

Quote from: helloman2k on May 01, 2014, 04:29:40 AM

hey suchmoon, I'm following this thread everyday, great contribution!

the BTC/MH/day ratio has been pretty low these couple of days, is this a temporary phase or is it going to stay this low from now on? would you know the reason for the drop? sorry I'm new to this.

ASICs are coming

Quote from: suchmoon on April 28, 2014, 12:19:34 PM

Scrypt is dead anyway, haven't you heard? Grin

helloman2k

newbie

Activity: 4

Merit: 0

hey suchmoon, I'm following this thread everyday, great contribution!

the BTC/MH/day ratio has been pretty low these couple of days, is this a temporary phase or is it going to stay this low from now on? would you know the reason for the drop? sorry I'm new to this.

kained

newbie

Activity: 35

Merit: 0

For anyone interested in learning a little more about scrypt.cc, I made a video.

How to Mine Bitcoin on the Cloud - No Hardware Required

https://www.youtube.com/watch?v=NJgUO0NUsnA

dyask

hero member

Activity: 854

Merit: 510

For what it is worth, I think suchmoon's data is better than the personal data I was collecting. My personal data is contaminated because I've started comingling the small amounts of bitcoin I'm getting back from a HYIP I got scammed in. (btc-arbs.com) Anyway I was looking through his spreadsheet and he is really doing a lot of work to maintain nice data. My dates are also out of whack since I'm GMT+9.

Anyway another thanks to you suchmoon!

bclcjunkie

hero member

Activity: 833

Merit: 1001

that's just tip of the iceberg... watch the difficulty go batshit crazy once A2 germinator floods the market... i think this month of May alone we should see 50% jump.. based on my wild estimates (no of vendors x no of asics in stock based on their websites) there'll be at least 50gh worth of scrypt mining asic dumped on the market this month alone...

Quote from: suchmoon on April 30, 2014, 11:57:28 AM

No major changes to the charts today. LTC difficulty jumped another 17%.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

No major changes to the charts today. LTC difficulty jumped another 17%.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: z0rr0 on April 29, 2014, 01:46:05 PM

Quote from: suchmoon on April 28, 2014, 12:19:34 PM

Quote from: z0rr0 on April 28, 2014, 12:13:28 PM

FTC block reward 200 -> 80. DOGE block reward 250 000 -> 125 000
I wonder how this will impact the overall multipools profitability.

Doge difficulty dropped and its exchange rate went up, so it will probably balance itself out. Scrypt is dead anyway, haven't you heard? Grin

I'm an alive witness of the resurrections of such dead ones, as chinacoin and doubloons, but I guess what the rise of such 100+MH monsters will be able to do with small scrypt coins, (if they will not not change the algo), someone could fork and 51% them just for fun...sadly

From my unprofessional point of view, scrypt-N just uses more memory, and X11 uses combined hashing functions, so the latter may be more protected against future asics..

Is there some sort of info site with approximate overall scrypt-coins hashrate? To compare it to first mass distribution of gridseeds, blades and then kncs?

http://liteshack.com/ might help. If you mean aggregate of all coins then I don't know if there is something like that. But Litecoin + Doge + a few more top coins is pretty much 90% of all altcoins anyway.

X11 might actually be more vulnerable to ASICs, because memory is expensive.

Edit: forking small coins should be possible now with some of the hash rental services, I'm surprised it's not being done already.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: JHammer on April 29, 2014, 01:10:30 PM

Whats your opinion about how long it will be before we start seeing ASIC's that can mine Scrypt-N, X11? I been hearing maybe by the first of 2015?

I think its just a matter of time..

I wont say GPU mining is dead, as I have been a big GPU fan for the past year and it treated me well back 2013 before the huge bubble in BTC and LTC. Made a small killing..

But I have to wonder if this time it really is true.. That GPU mining will soon be a thing of the past just like CPU mining is now..

And I wonder with all these 100 MH's to 300 MH's script miners coming out soon, what the future of Script mining will be.. I guess in 6 months we will need 300 MH's just to make a decent payout mining script?

Just curious what you think..

Thanks for your Thread.. I follow it daily..

Rumor has it that X11 FPGAs are available. Technically there is nothing to prevent ASICs from being developed if there is enough demand, so it's quite possible that once Scrypt coins get murdered by ASICs and GPU miners migrate to other algorithms then ASICs will follow 6-12 months later. I try not to worry about that far in the future though. My goal is to keep myself diversified with GPUs and ASICs, and upgrade before the current generation becomes worthless. I moved from Gridseed 5-chip miners to blades quite successfully, and I hope to be able to do that a couple more times at least. If I can't do that I'll just take whatever I made in mining and move on to something else.

z0rr0

sr. member

Activity: 303

Merit: 250

Quote from: suchmoon on April 28, 2014, 12:19:34 PM

Quote from: z0rr0 on April 28, 2014, 12:13:28 PM

FTC block reward 200 -> 80. DOGE block reward 250 000 -> 125 000
I wonder how this will impact the overall multipools profitability.

Doge difficulty dropped and its exchange rate went up, so it will probably balance itself out. Scrypt is dead anyway, haven't you heard? Grin

I'm an alive witness of the resurrections of such dead ones, as chinacoin and doubloons, but I guess what the rise of such 100+MH monsters will be able to do with small scrypt coins, (if they will not not change the algo), someone could fork and 51% them just for fun...sadly

From my unprofessional point of view, scrypt-N just uses more memory, and X11 uses combined hashing functions, so the latter may be more protected against future asics..

Is there some sort of info site with approximate overall scrypt-coins hashrate? To compare it to first mass distribution of gridseeds, blades and then kncs?

JHammer

member

Activity: 112

Merit: 10

Whats your opinion about how long it will be before we start seeing ASIC's that can mine Scrypt-N, X11? I been hearing maybe by the first of 2015?

I think its just a matter of time..

I wont say GPU mining is dead, as I have been a big GPU fan for the past year and it treated me well back 2013 before the huge bubble in BTC and LTC. Made a small killing..

But I have to wonder if this time it really is true.. That GPU mining will soon be a thing of the past just like CPU mining is now..

And I wonder with all these 100 MH's to 300 MH's script miners coming out soon, what the future of Script mining will be.. I guess in 6 months we will need 300 MH's just to make a decent payout mining script?

Just curious what you think..

Thanks for your Thread.. I follow it daily..

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

I had to make some corrections to past average data. It doesn't affect the charts, just in the spreadsheet some formulas were messed up when I was moving rows from current to past.

Other than that there are no changes for today. Scrypt profitability continues to slide down so check out alternatives - Scrypt-N, X11 etc - if you have GPU rigs. I'll be testing TradeMyBit X11 pool within the next few days - waiting for a few hardware bits to come in.

Banch

newbie

Activity: 27

Merit: 0

Can you add www.megamultipool.com

Thanks!

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: z0rr0 on April 28, 2014, 12:13:28 PM

FTC block reward 200 -> 80. DOGE block reward 250 000 -> 125 000
I wonder how this will impact the overall multipools profitability.

Doge difficulty dropped and its exchange rate went up, so it will probably balance itself out. Scrypt is dead anyway, haven't you heard? Grin

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

I have moved single coins (Doge, LTC, and Vertcoin) to the right side of the spreadsheet and removed them from the charts. I'll probably stop tracking these coins altogether, but might keep theoretical profitability on the spreadsheet at least. I kept the "LTC ideal" line on the main chart as a reference since most pools still compare themselves to LTC.

New pools/services have been added:

Hashco.ws
LeaseRig X11 algorithm
NiceHash (N) - Scrypt-N algorithm

Just to remind, for Scrypt-N and X11 I'm using "scrypt equivalent" hashrates to be able to compare them to regular Scrypt pools. For Scrypt-N my hashrate factor is ~0.47 and for X11 the factor is ~2.8. Since I have not done any extensive tuning you might be able to get better results.

z0rr0

sr. member

Activity: 303

Merit: 250

FTC block reward 200 -> 80. DOGE block reward 250 000 -> 125 000
I wonder how this will impact the overall multipools profitability.

Topic: [DISCONTINUED] cryp.today Mining revenue stats Scrypt Scrypt-N X11 X13 - page 44. (Read 144321 times)