Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 75. (Read 300752 times)

I have a Jupiter (about 700 GH/s) at btcguild...
It gave 0.63 btc the last 24 hours... never under 0.55...
If it paid less, i would change strategy within a week... not months...

How can we follow along with the mining statistics and take a look at the mining address/reserve fund address?

Edit...you were solo mining with 700GH? That doesn't sound feasible nor realistic...

Isn't joining a larger pool like GHash.IO or slush or something better?

...maybe hold a motion...?

Correct. Usually Cognitive can solo mine consistently enough to make sizable payouts, but it was an unlucky few weeks and I have changed the pool strategy accordingly.

So over the last two months our luck has been so bad that we produced 1/5 the estimated bitcoin we should of produced?

Sure thing.

The calculations being used here can only estimate the output of a given mining rig + pool combination. It turns out that our pool has had a bad luck streak for a good while and we have since switched to mineb.tc which is proving to be a bit more reliable, with more consistent payouts. We should see output much closer to these calculations with the coming dividends.

Cheers,
Garrett

Why are we even talking about merge-mining when we have discrepancies with the calculations from the current operation?

This seems like a high priority vs maybe alt coin mining.

+1

is it possible to mergemine all the altcoins together?

or is this already being done?

Garr can you address these calculations?

He seems to absolutely ignore problems/concerns.

Are my concerns not to be addressed?

Yes it is, I have done this with FPGAs before

Will do. I visited someone today who wants to make a fluid-submersed alt-coin miner, and it looks quite awesome. He did it with ASICminer blades and it works really well. Expect to see a motion tomorrow morning!

Cheers,
Garrett

PS. $0.08/kwh for electricity

is it possible to use cointerra rigs to mine other sha-256 altcoins?

i'm guessing we would have considerable % of total hashing power if we did?

So accord to my rough math if 50% is being held for growth our div that we just received was about 1/5 of what is should of been not really sure how that is a decimal error at this point?

From Sep 10 the day we got our singles we would of made about 4.33 Bitcoins per day for about 4 days until the change on Sept 14 giving us about 17.32 Bitcoins.

 From the 14 until the next change on Sept 25 we would of made about 3.34 Bitcoin per day giving us about 36.74 bitcoin for this difficulty and 54.06 total sense getting the singles.

From Sept 25 until Oct 6 we would of made about 2.53 Per day giving us about 27.83 for this difficulty and a total of 81.89 Bitcoins sense getting the singles.

Anyone have the info about how much has been paid in divs sense Sept 10? Keep in mind 50% of revenue goes to growth(some claim 30%?)

This.

Also what are we paying for electricity where the miners are stored?

Okay as far as I can find our current hashrate is 750GH/s someone please correct me if I am wrong. Also as far as I know the last div before this one was Oct 7.

At the current difficulty this hashrate would produce about
 0.53318557 BTC Per Day
 3.73229898 BTC Per Week
 16.20884127 BTC Per Month

At the last difficulty which started on Nov 17 it would produce about
 0.61885251 BTC Per Day
 4.33196758 BTC Per Week
 18.81311635 BTC Per Month

At the difficulty that started on Nov 05 it would produce about
 0.73822262 BTC   Per Day
 5.16755831 BTC Per Week
 22.44196750 BTC Per Month

At the difficulty that started on Oct 26 it would produce about
 0.96483017 BTC Per Day
 6.75381116 BTC Per Week
 29.33083704 BTC Per Month

At the difficulty that started on Oct 16 it would produce about
 1.40880039 BTC Per Day
 9.86160271 BTC Per Week
 42.82753178 BTC Per Month
 
At the difficulty that started on Oct 06 it would produce about
 1.99269547 BTC Per Day
 13.94886829 BTC Per Week
 60.57794227 BTC Per Month

From Oct 7 to the 16 using 1.98 Per day we would of made about 17.82 Bitcoin
From Oct 16 to the 26 using 1.40 per day we would of made about 12.6 Bitcoin giving us about 30.42 Bitcoins
From Oct 26 to Nov 5 using 0.96 per day we would of made about 9.6 Bitcoin giving us about 40.02 Bitcoins
From Nov 5 to Nov 17 using 0.73 Per day we would of made about 8.76 Bitcoin giving us about 48.78 Bitcoins
From Nov 17 to Nov 28 using 0.62 per day we would of made about 6.82 Bitcoin giving us about 55.6

DO YOU SEE MY PROBLEM!! My best guess is Garr Fucked up the decimal maybe?

As far as I know its 50% that goes towards reinvestment hence the 11BTC. The shareholders received a split of about 5.5btc so if you double that you end up with 11btc. So that would be less than a months div with the equipment we currently have at current difficulty.