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Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com - page 163. (Read 465716 times)

newbie
Activity: 52
Merit: 0
Is the whale back again Huh  Angry
newbie
Activity: 52
Merit: 0
Have you counted the benefit of heating your house with rigs?
I'd estimate savings of ~£500 in heating oil thanks to rigs being distributed across the house (use mainly 270s so quite quiet though).

This argument holds true in the winter time. Much less in the summer.

Electricity prices in SE Europe are still quite low. Prices in the north of Europe are also high (Germany, Denmark).

What about moving rigs to SE Europe?

I have 26 rigs and 73 GPUs in total (280x and 7970s mainly). I am negotiating for lower prices for electricity.

Feel free to contact me.

In Northern Ireland it holds for 8 out of 12 months  Wink
sr. member
Activity: 434
Merit: 250
Only the strong will survive  Shocked
member
Activity: 84
Merit: 10
Come on comeonalready... I didn;t know you to be such a doomsday announcer... If I had a penny for all the bad predictions I heard over the years  I would crawl under my rock and be a filthy rich lizzard.

I've been mining since late 2012. I've mined for nothing, I broke 14 GPU's, I've mined at a loss, I've mined with great profits and every time ppl kept saying how the end of the cryptoworld is near and we should all quit. For some, THIS is not a game. If you want to gain enough then you have to stick with the plan and do your homeworks. The market is flooded with Sunday miners and ppl who just want to get rich fast without even understanding what the hell they are doing. They will be the first to go and unfortunately because of all the hype and late jumpers, altcoins with never recover but what the hell, we keep on mining. And as I said before many times, ASICS will not scare hardcore miners, we'll just have to find something else to play with our rigs.

Bottom line is, this is not and will not be the end of GPU rigs. But if you feel like selling then I'm definitely buying.

I agree with you, cryptoworld ends when miners leave it, until then there will be always something to mine with gpu. If it wasn't, we would make one !

For now, please take a look at Vertcoin (VTC) for mining with your rigs.
An influx of miners will only raise the sale of coins which will drive down price and difficulty, which in itself a big negative. It wont die, which is good for the currency itself, but the miner will no longer make money.
member
Activity: 84
Merit: 10
I truly wish everyone luck with mining. Rates on coins and profitability are coming down like world trade. The investment into hardware is no longer justified based on the returns, especially with summer around the corner which requires MUCH more electricity for cooling. Seems those who pay the least for their electric will benefit. Especially when you consider the influx of miners that are taking advantage of lower prices on hardware (recently they have been discounted), the more people mine the quicker coins go down the tubes. I now realize that I could have made WAY more in arbitrage vs. putting money into mining directly.
Sorry to discourage anyone. Good luck.
sr. member
Activity: 490
Merit: 250
Come on comeonalready... I didn;t know you to be such a doomsday announcer... If I had a penny for all the bad predictions I heard over the years  I would crawl under my rock and be a filthy rich lizzard.

I've been mining since late 2012. I've mined for nothing, I broke 14 GPU's, I've mined at a loss, I've mined with great profits and every time ppl kept saying how the end of the cryptoworld is near and we should all quit. For some, THIS is not a game. If you want to gain enough then you have to stick with the plan and do your homeworks. The market is flooded with Sunday miners and ppl who just want to get rich fast without even understanding what the hell they are doing. They will be the first to go and unfortunately because of all the hype and late jumpers, altcoins with never recover but what the hell, we keep on mining. And as I said before many times, ASICS will not scare hardcore miners, we'll just have to find something else to play with our rigs.

Bottom line is, this is not and will not be the end of GPU rigs. But if you feel like selling then I'm definitely buying.

I agree with you, cryptoworld ends when miners leave it, until then there will be always something to mine with gpu. If it wasn't, we would make one !

For now, please take a look at Vertcoin (VTC) for mining with your rigs.
sr. member
Activity: 411
Merit: 250
newbie
Activity: 47
Merit: 0
Anyone having this problem?
http://i943.photobucket.com/albums/ad280/hanopaul_pascual/probs_zpsbe3910a9.jpg

It always happen 5-10 seconds. what is the solution for this?  Huh
Im using wafflepool.

Happend to me also a few times, i would like to know too why if anyone can help? Using wafflepool only.
full member
Activity: 168
Merit: 100

Come on comeonalready... I didn;t know you to be such a doomsday announcer... If I had a penny for all the bad predictions I heard over the years  I would crawl under my rock and be a filthy rich lizzard.

I've been mining since late 2012. I've mined for nothing, I broke 14 GPU's, I've mined at a loss, I've mined with great profits and every time ppl kept saying how the end of the cryptoworld is near and we should all quit. For some, THIS is not a game. If you want to gain enough then you have to stick with the plan and do your homeworks. The market is flooded with Sunday miners and ppl who just want to get rich fast without even understanding what the hell they are doing. They will be the first to go and unfortunately because of all the hype and late jumpers, altcoins with never recover but what the hell, we keep on mining. And as I said before many times, ASICS will not scare hardcore miners, we'll just have to find something else to play with our rigs.

Bottom line is, this is not and will not be the end of GPU rigs. But if you feel like selling then I'm definitely buying.

You touch upon certain subjects that I don't particularly care to discuss publicly, though I will admit that my own particular situation is such that I will be able to continue to mine profitably with GPUs for quite some time to come, so they are not yet for sale!  But ASICs are a very real threat to the viability of profitably mining scrypt coins with GPUs, though I find it highly unlikely that another option would not surface as a suitable alternative.

The beauty of cryptocoin architecture is that we can all collectively mine only as many coins as the underlying network is designed to make available to us.
newbie
Activity: 57
Merit: 0
Litecoin difficulty is now up to...  5162!  ...with a network hashrate of 173GH/s, and only projected to continue rising higher.

That means approximately 0.18704355 LTC per MHD, or 0.00513434 BTC per MHD at the current exchange rate before fees.

Assuming power requirements of 500 watts per 1 MH/s for GPU mining, that brings the breakeven point (not considering fixed capital expenses -- e.g. your equipment), to 0.00042786 BTC, or US$0.2674 per KWh at the current exchange rate before fees.

Do you know how much your electricity costs per KWh?  Or how many MH/s you generate per KWh?  How much higher will the litecoin difficulty be in 2-3 days?  (And how much lower the return per KWh?)  How many will you be surprised at the end of the month as to how little of it you get to keep?  The only GPU miners still running after the shakeout may just be in the bedrooms of children still living with their parents, in college dorm rooms, and on the sly in office buildings.  Who will survive?!  These are very interesting times!

Tune in next week for the exciting conclusion.  Same bit time, same bit channel...




Come on comeonalready... I didn;t know you to be such a doomsday announcer... If I had a penny for all the bad predictions I heard over the years  I would crawl under my rock and be a filthy rich lizzard.

I've been mining since late 2012. I've mined for nothing, I broke 14 GPU's, I've mined at a loss, I've mined with great profits and every time ppl kept saying how the end of the cryptoworld is near and we should all quit. For some, THIS is not a game. If you want to gain enough then you have to stick with the plan and do your homeworks. The market is flooded with Sunday miners and ppl who just want to get rich fast without even understanding what the hell they are doing. They will be the first to go and unfortunately because of all the hype and late jumpers, altcoins with never recover but what the hell, we keep on mining. And as I said before many times, ASICS will not scare hardcore miners, we'll just have to find something else to play with our rigs.

Bottom line is, this is not and will not be the end of GPU rigs. But if you feel like selling then I'm definitely buying.
newbie
Activity: 5
Merit: 0
Can anybody tell me if my issue is normal?
full member
Activity: 168
Merit: 100
And here is my another problem..

Im only using wafflepool but my failover is middlecoin. help  Sad

Unfortunately I do not have an answer for you.  But I am sure someone else will soon.
newbie
Activity: 5
Merit: 0
And here is my another problem..

http://i943.photobucket.com/albums/ad280/hanopaul_pascual/shit_zps25763582.jpg

Im only using wafflepool but my failover is middlecoin. help  Sad
full member
Activity: 168
Merit: 100
Anyone having this problem?

It always happen 5-10 seconds. what is the solution for this?  Huh
Im using wafflepool.

In your example it is happening about two minutes apart.  Also would be helpful not to redact the server name to which you are connecting as that could be a factor.  Are you connected to a pool other than wafflepool?
newbie
Activity: 5
Merit: 0
 Anyone having this problem?
http://i943.photobucket.com/albums/ad280/hanopaul_pascual/probs_zpsbe3910a9.jpg

It always happen 5-10 seconds. what is the solution for this?  Huh
Im using wafflepool.
full member
Activity: 168
Merit: 100
Litecoin difficulty is now up to...  5162!  ...with a network hashrate of 173GH/s, and only projected to continue rising higher.

That means approximately 0.18704355 LTC per MHD, or 0.00513434 BTC per MHD at the current exchange rate before fees.

Assuming power requirements of 500 watts per 1 MH/s for GPU mining, that brings the breakeven point (not considering fixed capital expenses -- e.g. your equipment), to 0.00042786 BTC, or US$0.2674 per KWh at the current exchange rate before fees.

Do you know how much your electricity costs per KWh?  Or how many MH/s you generate per KWh?  How much higher will the litecoin difficulty be in 2-3 days?  (And how much lower the return per KWh?)  How many will you be surprised at the end of the month as to how little of it you get to keep?  The only GPU miners still running after the shakeout may just be in the bedrooms of children still living with their parents, in college dorm rooms, and on the sly in office buildings.  Who will survive?!  These are very interesting times!

Tune in next week for the exciting conclusion.  Same bit time, same bit channel...


newbie
Activity: 56
Merit: 0
, and for most miners here, except you know who, that is not exactly going to make much of a difference.
can we all agree on using the chinese terminator term? or something even more dramatic for what they are doing and going to do.
I call him TILIKUM!!!
(for those of you who live in closets, Tilikum is the whale that killed like 2 trainers and a hobo at Sea World.)
didn't they kill him? i mean.. if they did, why we can not?

I don't think they did, pretty sure they're still whacking him off to breed more hobo-munchers

Sure the trainers had it coming for naming him tilikum, but what did the hobo ever do to him?

And if there is any analogy here, is sfire tilikum, and the hobo the scrypt market?  And what decade are we in to still be calling someone a hobo?

if sfire is tilikum, why he enlarges himself at will. and how much bigger can he make himself before he starts on munching trainers or whoever is around him. or may be he is doing it right now? a week of pool mining and we could hire someone like chucknorris to solve the problem.
full member
Activity: 168
Merit: 100
, and for most miners here, except you know who, that is not exactly going to make much of a difference.
can we all agree on using the chinese terminator term? or something even more dramatic for what they are doing and going to do.
I call him TILIKUM!!!
(for those of you who live in closets, Tilikum is the whale that killed like 2 trainers and a hobo at Sea World.)
didn't they kill him? i mean.. if they did, why we can not?

I don't think they did, pretty sure they're still whacking him off to breed more hobo-munchers

Sure the trainers had it coming for naming him tilikum, but what did the hobo ever do to him?

And if there is any analogy here, is sfire tilikum, and the hobo the scrypt market?  And what decade are we in to still be calling someone a hobo?
full member
Activity: 182
Merit: 100
, and for most miners here, except you know who, that is not exactly going to make much of a difference.
can we all agree on using the chinese terminator term? or something even more dramatic for what they are doing and going to do.
I call him TILIKUM!!!
(for those of you who live in closets, Tilikum is the whale that killed like 2 trainers and a hobo at Sea World.)
didn't they kill him? i mean.. if they did, why we can not?

I don't think they did, pretty sure they're still whacking him off to breed more hobo-munchers
newbie
Activity: 56
Merit: 0
, and for most miners here, except you know who, that is not exactly going to make much of a difference.
can we all agree on using the chinese terminator term? or something even more dramatic for what they are doing and going to do.
I call him TILIKUM!!!
(for those of you who live in closets, Tilikum is the whale that killed like 2 trainers and a hobo at Sea World.)
didn't they kill him? i mean.. if they did, why we can not?
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