I added this to the first post showing our miner status:
^ currently shows 1.26 GH/s. What's the miner-reported speed?
I'm getting 799 MH/s from my 5970... do you have plans for overclocking and/or overvolting or are we playing safe?
Topic: [GLBSE] MergedMining BTC/NMC Mining Company - page 11. (Read 43958 times)
^ currently shows 1.26 GH/s. What's the miner-reported speed?
I'm getting 799 MH/s from my 5970... do you have plans for overclocking and/or overvolting or are we playing safe?
The first dividend of 1BTC has been paid.
Hmm, seems to me a dividend of BTC ~0.00027624 was payed per share. GLBSE says there are 10,000 shares. That'd be BTC 2.76240034 in sum, no? Can someone explain why this doesn't add up to 1 BTC?
The first dividend of 1 BTC has been paid.
which will lower your profits increase your variance
This. But as far as smaller pools are in the game and you're running long-term operation, higher variance (in contrast with deepbit, for example) isn't probably an issue. Just my two cents ;-).
Edit: Btw number of found blocks should be roughly the same as before an outage, because during the outage dropped the bitcoin difficulty. So it even didn't affect block variance.
You should be PPS mining with 0% fee for profitability purposes. Slush's pool is good but has gone down hill since he went down for I think 3 days and it has greatly effected the amount of blocks found there which will lower your profits
You could just mine on eligius. No account required, so anyone can see the stats without any login.
I'll look into that. I decided to go with slush's pool. Mostly because it is the original bitcoin mining pool and also happens to be the largest merged mining pool. I've also been quite impressed with how slush has handled the attacks on his pool.
I added this to the first post showing our miner status:
Nice, when will it start mining? Where can we see mining stats?
The miner has been mining away all night and day. I'm still trying to figure out the best way to show stats. I'll have SOMETHING soon.
You could just mine on eligius. No account required, so anyone can see the stats without any login.
They have nice graphs and stats, example:
http://eligius.st/~artefact2/19WCZBTrpSbUWVrJDzAPekodKbiTHvLwnx
Nice, when will it start mining? Where can we see mining stats?
The miner has been mining away all night and day. I'm still trying to figure out the best way to show stats. I'll have SOMETHING soon.
You could just mine on eligius. No account required, so anyone can see the stats without any login.
They have nice graphs and stats.
Simple tables with date, shares submitted, stale shares, paid credit, unpaid credit and electricity usage on a 24hr basis are nice
Typically all this information, besides electricity use, can be grabed by the api to save you on data entry
Typically all this information, besides electricity use, can be grabed by the api to save you on data entry
Nice, when will it start mining? Where can we see mining stats?
The miner has been mining away all night and day. I'm still trying to figure out the best way to show stats. I'll have SOMETHING soon.
The new motherboard was received today and the miner is now 100% operational.
Whoohooooo!
Nice, when will it start mining? Where can we see mining stats?
The new motherboard was received today and the miner is now 100% operational.
A motion has been submitted on the FPGA issue and will run for a couple days. Please vote. If a majority 'Yes' vote is received, I will move forward in purchasing an FPGA miner.
Votingends on Friday, November 4th at 7:30PM EST has ended.
The results of the motion show that investors are interested in pursuing an FPGA miner for the company (4:3 in favor of FPGA mining). However, significant opposition has been noted and I've decided to hold off on the FPGA miner at this time. That isn't to say an FPGA miner won't be added, but I feel that any effort to raise funds now would be met with opposition and could have a negative effect on share prices in the short term. This topic will be brought up again if profitability is threatened by a falling bitcoin exchange rate.
Voting
The results of the motion show that investors are interested in pursuing an FPGA miner for the company (4:3 in favor of FPGA mining). However, significant opposition has been noted and I've decided to hold off on the FPGA miner at this time. That isn't to say an FPGA miner won't be added, but I feel that any effort to raise funds now would be met with opposition and could have a negative effect on share prices in the short term. This topic will be brought up again if profitability is threatened by a falling bitcoin exchange rate.
what's the new timeline for getting the 5970s online?
I went ahead and used my own money to order another motherboard so we wouldn't have to wait for the exchange process with newegg. The new board should arrive Wednesday or Thursday. As soon as the board is delivered, I'll get it running. Hopefully this is the last hurdle.
It's nice of you to use your own money. I'm assuming why we see -15$ in the asset list?
what's the new timeline for getting the 5970s online?
- question: which pool will you use? I opt for eligius, that way we can confirm mining operations/profit without needing a login (just the pool address necessary), easy namecoin merged mining support (I tried it, very simple)
- question: what OS do you use for mining?
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I would suggest using BAMT. It will be much easier on you in the long run and will lower your overall power consumption
Bad news. The motherboard has a dead PCI-E slot. It is being returned to newegg. Unfortunately, that means a loss of $10.73 to ship it back and nearly a $15 restocking fee. Since it is out of stock, a replacement is not an option. I will order a new motherboard and get it running as soon as possible.
They don't pay the return shipping and waive the restocking fee for sending you a defective part?
Bad news. The motherboard has a dead PCI-E slot. It is being returned to newegg. Unfortunately, that means a loss of $10.73 to ship it back and nearly a $15 restocking fee. Since it is out of stock, a replacement is not an option. I will order a new motherboard and get it running as soon as possible.
The miner has been built and is functional. I need to get some sleep. It will be hashing away by tomorrow evening.
Nice! This is good to hear.
If this gets bought I will be selling my shares. I thought you were getting 5970's?
We have 2-5970s already. Perhaps I should put it up for a vote before making the purchase.
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