Mining at 7566.57 MH/s... should I go solo, etc? - page 2.

Jaime Frontero

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Activity: 126

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Quote from: ensign_lee on May 22, 2011, 12:41:38 AM

Question - why does common concensus seem to be that he should go and mine solo wiht 7.5 Ghash/sec?

It's not like his volatility doesn't lessen a ton like most of the rest of us, and a even a 2% fee (there are several with lesser fees) isn't a huge cut. Why wouldn't he want to mine in a pool?

because the main reason to mine a pool is to even out variability.

with that kind of Gigahashage, he has no variability to speak of.

ensign_lee

hero member

Activity: 886

Merit: 500

Question - why does common concensus seem to be that he should go and mine solo wiht 7.5 Ghash/sec?

It's not like his volatility doesn't lessen a ton like most of the rest of us, and a even a 2% fee (there are several with lesser fees) isn't a huge cut. Why wouldn't he want to mine in a pool?

bahnfire

jr. member

Activity: 139

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The World’s First Blockchain Core

I am on BIOS position #2 (standard) due to heat concerns and crashing - so I am getting around 300MH/s per GPU (4 GPUs/PC * 6 = 7200MH/s). One of my machines is watercooled and I have that one set fairly high (~400MH/s). I am using an Asus Mboard w/ 2x PCIe, AMD Phenom x4, 1GB RAM, 32GB HDD, 1600W PSU, 2x XFX 6990s, and Windows 7 (64 bit). The water cooled PC is using Koolance blocks and reservoir and has a 4x PCIe MBoard (it will have 4x cards in it soon running Linux, waiting on other 2x cards for this one - the other 8 cards for are in the garage waiting to be assembled).

I am using GUIMINER since I needed something quick to test and play with.

Quick question - do you need the crossfire cable connected between the 2x cards? Any advantage to this vs not? (Going to bed soon - will check posts in morning)

Thank You,
Paul

Jaime Frontero

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Activity: 126

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Quote from: bahnfire on May 21, 2011, 11:44:52 PM

Hmm... I will need to recalc this then. Any difference between slush/deepbit/etc? I will need to run the system for another 24-48 hours to get a better baseline.

Thank You,
Paul

with 12 6990s, you should be getting about 9 Gh/s already - that's at 750 Mh/s each.

what are your boxes made out of? OS, mining program, etc...

bahnfire

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Activity: 139

Merit: 1

The World’s First Blockchain Core

Hmm... I will need to recalc this then. Any difference between slush/deepbit/etc? I will need to run the system for another 24-48 hours to get a better baseline.

Thank You,
Paul

Jaime Frontero

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Activity: 126

Merit: 100

Quote from: bahnfire on May 21, 2011, 11:31:07 PM

No, it's really 7500MH/s. I am running 6x machines with 2x 6990s in each machine and I plan on expanding to 4 more machines next week. The hard part is keeping them cool enough - so I am moving them to a facility that has a good A/C and enough power (each machine takes ~10A @ 110V).

I will try solo mining since I am only at ~15BTC/24 hour period.

Thank You,
Paul

even minus 2% for slush's pool, with 7.5 Gh/s running pooled, you should be somewhere around 30BTC/day...

bahnfire

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Activity: 139

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The World’s First Blockchain Core

No, it's really 7500MH/s. I am running 6x machines with 2x 6990s in each machine and I plan on expanding to 4 more machines next week. The hard part is keeping them cool enough - so I am moving them to a facility that has a good A/C and enough power (each machine takes ~10A @ 110V).

I will try solo mining since I am only at ~15BTC/24 hour period.

Thank You,
Paul

mrb

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Activity: 1512

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Quote from: SchizophrenicX on May 21, 2011, 11:02:41 PM

Hi I'm new to bitcoin and have many things to learn, may I know how you guys come up with these figures ? I'll soon be expanding my mining capacity too and would like to know at which point in the future should I consider mining solo and why.

By definition, at difficulty 1 you must hash an average of ~4 billion blocks (exactly 2**32) to solve one.
So at the current difficulty of 244139, you have hash 2**32*244139 blocks. Just divide this by you hashing rate to find how long it would take to solve one.

Jaime Frontero

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Activity: 126

Merit: 100

Quote from: mrb on May 21, 2011, 11:22:02 PM

Quote from: Jaime Frontero on May 21, 2011, 11:02:18 PM

< shrug >
if the (old) Bitcoin Calculator is wrong, then it's wrong. but that's what it says for 10 Gh/s.

We are both right. I quoted numbers for 7567 Mh/s. For 10Gh/s it is indeed ~29 hours.

ah, of course. sorry - my mind was busy being boggled by the idea of 10Gh/s in my living room...

mrb

legendary

Activity: 1512

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Quote from: Jaime Frontero on May 21, 2011, 11:02:18 PM

< shrug >
if the (old) Bitcoin Calculator is wrong, then it's wrong. but that's what it says for 10 Gh/s.

We are both right. I quoted numbers for 7567 Mh/s. For 10 Gh/s it is indeed ~29 hours.

Jaime Frontero

full member

Activity: 126

Merit: 100

Quote from: SchizophrenicX on May 21, 2011, 11:02:41 PM

Quote from: Jaime Frontero on May 21, 2011, 10:41:27 PM

you'll average a block every 29 hours.

why on earth wouldn't you mine solo?

Quote from: mrb on May 21, 2011, 10:52:40 PM

Quote from: Jaime Frontero on May 21, 2011, 10:41:27 PM

you'll average a block every 29 hours.

Nope. 2**32*244139/7567e6/3600 = a block every ~38 hours.

Hi I'm new to bitcoin and have many things to learn, may I know how you guys come up with these figures ? I'll soon be expanding my mining capacity too and would like to know at which point in the future should I consider mining solo and why.

try these two:

http://www.alloscomp.com/bitcoin/old_calculator.php
https://en.bitcoin.it/wiki/Mining_hardware_comparison

but mostly, just read the mining sub-forum. every day. over and over...

SchizophrenicX

member

Activity: 112

Merit: 100

"I'm not psychic; I'm just damn good"

Quote from: Jaime Frontero on May 21, 2011, 10:41:27 PM

you'll average a block every 29 hours.

why on earth wouldn't you mine solo?

Quote from: mrb on May 21, 2011, 10:52:40 PM

Quote from: Jaime Frontero on May 21, 2011, 10:41:27 PM

you'll average a block every 29 hours.

Nope. 2**32*244139/7567e6/3600 = a block every ~38 hours.

Hi I'm new to bitcoin and have many things to learn, may I know how you guys come up with these figures ? I'll soon be expanding my mining capacity too and would like to know at which point in the future should I consider mining solo and why.

Jaime Frontero

full member

Activity: 126

Merit: 100

Quote from: mrb on May 21, 2011, 10:52:40 PM

Quote from: Jaime Frontero on May 21, 2011, 10:41:27 PM

you'll average a block every 29 hours.

Nope. 2**32*244139/7567e6/3600 = a block every ~38 hours.

< shrug >

if the (old) Bitcoin Calculator is wrong, then it's wrong. but that's what it says for 10 Gh/s.

mrb

legendary

Activity: 1512

Merit: 1028

Quote from: Jaime Frontero on May 21, 2011, 10:41:27 PM

you'll average a block every 29 hours.

Nope. 2**32*244139/7567e6/3600 = a block every ~38 hours.

error

hero member

Activity: 588

Merit: 500

If you really have 7.5Ghash/sec there's little point to being in a public pool.

If you mistyped, and have 7.5Mhash/sec, then you shouldn't be mining at all.

allinvain

legendary

Activity: 3080

Merit: 1083

Holy christ what kind of hardware you have dude?

Basiley

newbie

Activity: 42

Merit: 0

sure. "only" ~50 bigger farm and you can get serious Hardware utilisation, finally.

Jaime Frontero

full member

Activity: 126

Merit: 100

you'll average a block every 29 hours.

why on earth wouldn't you mine solo?

bahnfire

jr. member

Activity: 139

Merit: 1

The World’s First Blockchain Core

Hi All,
I am currently mining >7500 MH/s (on a pool) and would like to know if this kind of setup is better solo or with certain pools. I plan on expanding this to >10000MH/s by the end of next week.
Thank You,
Paul

Topic: Mining at 7566.57 MH/s... should I go solo, etc? - page 2. (Read 5901 times)