Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 41. (Read 1514749 times)

Damn, still running one of them? Talk about a power hungry beast! Definitely the best looking miner BM ever made  
I still have one of mine from ever so long ago now sitting in storage and donated 2 others to Sidehack that he used to use as heaters.

As to the 7 blocks in 4 days -- has to be a bug in the old cgminer software as it is simply not possible. Perhaps it is tied to the diff being astronomically higher these days vs when the s4 was made?

that would be likely what I would have suspected but as you see no shares submitted to that pool.... so that's impossible to have found 7 blocks on BSOD pool.... But would like more input tho

but your bestshare just 27,908,683 to solve block you need 12,720,005,267,390 diff BTC now.
I thing you found block from 2nd pool = bsod.pw/ (FxTC Coin)

Imagine logging onto your antminer s4 and seeing this: 7 blocks found?

I think you are spot on. Truly the probability of a BTC price drop or flatline into the halving is over 65%. The probability of the Diff rising to flatline is also over 65%. If you're a miner, you better have your house in order prior to the halving. Efficiency up to date and costs dialed down to the lowest possible level. Also, NO DEBT. Institutional money sees the opportunity in sweeping the table on BTC longs and weak miners. Once the bloodletting is in full swing they will strike. Buying up BTC, Cheap Hardware and expanding commercial facilities. This is also my plan.

Google translate:
"tell me a host of comrades, how long is the cue ball block formed? and if the chances are to take it on my speed"

The answer is 42,
or to be more prcise, if you got luck
statistical spoken: NO

btc value is not the issue at hand - profitability is.

You state they were profitable when BTC was under $500 that was also when BTC reward was 50 BTC not 25 BTC as BTC was at around $650 when the 2nd halving occurred. Though it was at around $300 about a year before the 2nd halving - if I recall correctly.

What I mean is revenue, which will control the profit. However, there is more to revenue than just the BTC value. There is the transaction fees - which could go up and or down, there is the difficulty when it dips the amount of BTC per TH earnings increases and if the difficulty increases the amount of BTC per TH decreases.



but as with the prior halvings it has shown that with the decreased issuance of BTC has caused the value of BTC to increase to match the supply/demand of the market.

but if the BTC value does not increase accordingly than there has to be some way for the farms to keep the revenue up.  One of the things working for that is the increased efficiency of the newer miners.  For years the efficiency was around 80J/TH but now with miners getting around 40J/TH - This increase in efficiency will help boost revenue by reducing the cost.

There are many factors indeed and farms will work to remain in the green, of that I agree. But if BTC value goes down instead of going up - it will still tax even the best of farms.

I should have went more in depth with my thoughts -and I acknowledge that this is my opinion and could be entirely wrong - but as with all speculation, it is just that speculation.

A lot, if not all, of the big farms started when btc price was less than $500/BTC; I think they will remain profitable for some time to come...

So  dishing out

 2016 x 12.5 = 25,200 coins a jump.
 2016 x 6.25 = 12,600 coins a jump.

Why not. 2.625.000?

the way I see it, even with a well managed farm, if the rewards half and btc remains where it is, it will still be hard for the farm to stay afloat. Their profit will be cut - by more than half, because what is being cut in half is the revenue not the profit, so their profit may be cut by more than half easily.

I think I will still be ok because at least my machines are way more efficient with using the T17/S17 vs the S9's

Yeah   with 18,000,000 loose and 3,000,000 restricted.  we have a supply of 21,000,000

At least 2,000,000  are early coins

So 16,000,000 easy access.

Maybe 1,000,000 of them are lost.

Still makes 15,000,000 that can be moved and shifted with ease.

So  dishing out

 2016 x 12.5 = 25,200 coins a jump.
 2016 x 6.25 = 12,600 coins a jump.

12,600 coins do not make much difference in the easy to get mined coins.

does make a difference for a miner. 

does make a difference for a builder like bitmain.

I have always felt   that the 3.125 jump  will be the key jump.

not this one.  As the reward to transaction ratio in a 3.25 block  will be critical.

My goodness, a voice of reason amongst the din. Jeesus...people look at me like I have three heads when I tell them this. Not to mention the ridiculous assumption that BTC goes up before the halving due to " Less Supply". Huh?? Less supply??? No it is still 21 million. Likely you will see MORE BTC for sale as poorly managed farms go under and liquidate their assets. ( BTC ).

nice point ck, demand and supply That's it.

Difficulty will fall for a bit and then eventually rise back to where it was, and then keep rising. The value of bitcoin people will tell you all sorts of things about, but in my opinion the two are not linked in any way, and any associations people have made with bitcoin value and halving is just associating coincidental movements. I believe the value is dissociated and unrelated.

that's sure, we're here to solve block.
the best place to test your luck  12.5 before halving next year.

Lets ramp up some PH here again Fellas....
Threw a couple at it today..

It's spring in Australia

Spring?  It's not even winter yet!

Enjoy the spring! -19C here :-P

What are you mining with and you know this is a solo pool right?, you dont get nothing for your machines pointed at this pool, not even if it hits a block.
Unless its your mining address..

So that being said, give us a little more information



Otherwise start reading here
https://bitcointalksearch.org/topic/yh-solockpoolorg-2-fee-solo-mining-usade-255-blocks-solved-763510