I just started mining your pool on the 10th, so far I like the way its run and looks like you have a lot of loyal miners. I do hope this pool can get to around 4Ph with BTC closing. I started mining about 3 months ago since I had access to data center space and cheap power, i'm around 38Th and hope to grow to about 50 in the next couple months. Learned a lot along the way and much more to learn, I've tried them all and so far I think Slush and westhash have provided the best return. I must say slush has the best GUI, monitoring tools and analytics available to miners. But I can see you put in a lot in to the backend, reliability and mining functionality which is what matters in the end. Since the 500% payout is about 12-13 days, I've yet to see a payout at my full hash and want to see what a full month or 2 look like in return. So generally just saying Hi to all the loyal miners that have been here from the start and hope to stay a long time myself. Today I rented 2Ph for about 30 min to see if we can break this block and move on, no dice. Maybe I'll put another 2Ph in for an hour later and see if that helps.
We were at 5PH back in January, but alas the big hashers that made up the majority left and most probably went to Antpool ...Nice pushing up the rate for a short run!
It doesn't matter if it doesn't "break the block", all the shares will still be paid the same way as any others.
You don't lose anything (it's luck based over the short term) so the mining wasn't wasted.
Of course from a luck perspective, finding a block would be the best thing, since PPLNS is all about luck, in the short term
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1. network almost 400Ph, looks like another 4-5% increase coming, you think the growth is all china farms or new tech in chips and appliances coming online that smoke existing hardware? I'm running mostly S4, S5 and 2 SP31's.
From a financial point of view, any company that can buy a lot of hardware (and thus get discounts on buying) and cheap electricity is going to keep pushing up the hash rate until they stop making a profit (and probably some time after that)Quote
2. do you think transaction fees will make up the 12.5 BTC loss in reward next summer? Again assuming diff keeps at current pace, cost of power stay constant then I think many small miners will be out due to costs and rewards only 12.5
Average block Tx fees wont suddenly jump and BTC price wont suddenly jump up, due to the block halving at block 420,000Will indeed be interesting to see what happens then.
Going from 50BTC to 25BTC wasn't much of an issue.
But 25BTC to 12.5BTC in a market, where most miners are borderline on losing money, may have a big effect if the BTC price doesn't go up before that.
but....it's messin' with my little farm!! 
It's bad enough when ya have to do a restart for MS updates, then ya get knocked out by lightning. WTW...lol...nutin' I can do about it. I have batt backup, but it only lasts so long. Sheesh. I do love the sunshine tho. 
