GregoryGHarding wrote: its already been discussed.. building a wider highway only brings more carsso ? more cars more money, right? I would rather have 5% of 80k each day then 5% of 40k.
Chat archive · 2017-06
piet · · #5170
tmopar · · #5171
(can rather)
GregoryGHarding · · #5172
piet wrote:no, more cars, more traffic, and requirement to add another lane, rinse and repeatGregoryGHarding wrote: its already been discussed.. building a wider highway only brings more carsso ? more cars more money, right? I would rather have 5% of 80k each day then 5% of 40k.
VanessaEzekowitz · · #5173
Greg, that would only be true (in both the case of servers and in the car analogy) if you assume continuous, unlimited growth. That’s a bad assumption: sooner or later, you’ll end up with more capacity than can be fully utilized.
has started a new topic: Zeus Piece Parts
frphm · · #5175
Denying growth seems counterproductive...and I agree with tmopar, it’s most likely too late to stop it. I myself plan on adding 6 Gh/s to the pool soon, and blocking new registrations wouldn’t change that.
GregoryGHarding · · #5176
my point is they are working on streamlining their software and systems they have now. remember they only just installed a whole new server 2 weeks ago
GregoryGHarding · · #5177
frphm wrote: Denying growth seems counterproductive...and I agree with tmopar, it’s most likely too late to stop it. I myself plan on adding 6 Gh/s to the pool soon, and blocking new registrations wouldn’t change that.when they say around 550GH/s causes stability issues why would you, as a user on PH and investor in crypto mining add 6GH to PH pool, its almost gonna cause you to lose money at this stage and your gonna come back and complain about it. let them atleast fix the bugs before you go doing that its like shooting your own foot
siberianbreaks · · #5178
Huge share +5 min
siberianbreaks · · #5179
share delay i mean
siberianbreaks · · #5180
share delay fixed, thank you
frphm · · #5181
The idea that this pool can just lock down and never expand capacity is not a healthy or forward thinking idea, and will lead to people leaving. If this pool can’t deal with growth even from its existing users, then what do you think the logical decision is for people to make? Leave. Do you really think I’m the only one that wants to expand my mining power? If your point is to wait and let them work out bugs, then fantastic. I wish them the best, and I guess I’ll twiddle my thumbs for a short while. But your original point was a lot simpler than that, and boiled down to "expansion=bad", which I fundamentally - for my own interests and for the longterm health of the pool - find ludicrous.
frphm · · #5182
Expansion means more money for them and us, and an objectively meager investment of money compared to longterm benefits, and mostly a large investment of time on their part. I sincerely do not understand the resistance to it.
Steve Sokolowski · · #5183
We expect to have improved performance finished by tomorrow night and will issue a release then
mjgraham · · #5184
Any thoughts on the WAMP balances being off, it is hard to calculate offsets after a while to know how much is going in.
Steve Sokolowski · · #5185
GregoryGHarding wrote:No money is being lost when shares are delayed. They are just delayed, and the system credits them later.frphm wrote: Denying growth seems counterproductive...and I agree with tmopar, it’s most likely too late to stop it. I myself plan on adding 6 Gh/s to the pool soon, and blocking new registrations wouldn’t change that.when they say around 550GH/s causes stability issues why would you, as a user on PH and investor in crypto mining add 6GH to PH pool, its almost gonna cause you to lose money at this stage and your gonna come back and complain about it. let them atleast fix the bugs before you go doing that its like shooting your own foot
mjgraham · · #5186
let me ask this, I understand the delay , but if the stats are delayed when we are making the shares is that what we are being credited for? for the at time value? if that is the case then it really doesn’t matter if the stuff is delayed or not.
Steve Sokolowski · · #5187
mjgraham wrote: let me ask this, I understand the delay , but if the stats are delayed when we are making the shares is that what we are being credited for? for the at time value? if that is the case then it really doesn’t matter if the stuff is delayed or not.It makes no difference that things are delayed for profits, because it’s just queuing shares in the background at the price they were at the time. All that happens is that the balances get updated a few minutes later, that’s all.
Steve Sokolowski · · #5188
As to the expansion questions, we don’t want to hire someone until this bubble pops, as many businesses went into bankruptcy in 2014. Once the crash occurs, we’ll have a better idea of what the long-term profit potential of the business is and how much investment should be made.
mjgraham · · #5189
Steve I was going to ask, the WAMP balances still show as if there was no payout, just started counting up from there today
GregoryGHarding · · #5190
also steve was wondering is i can volunteer myself as a moderator since theres been an invrease in advertising bots and whatnot
GregoryGHarding · · #5191
increase
GregoryGHarding · · #5192
Steve Sokolowski wrote:wasn’t sure if the timestamp feature was implemented where shit went sideways for a few days. Thanks for clearifyingmjgraham wrote: let me ask this, I understand the delay , but if the stats are delayed when we are making the shares is that what we are being credited for? for the at time value? if that is the case then it really doesn’t matter if the stuff is delayed or not.It makes no difference that things are delayed for profits, because it’s just queuing shares in the background at the price they were at the time. All that happens is that the balances get updated a few minutes later, that’s all.
piet · · #5193
hopefully balances will be corrected, made $16 with 500mhz yesterday, its not even 50% 
piet · · #5194
when i look at the PH history hashing chart, its not higher then 260 mhz, NH really shows 500 mhz. Also my own miners dont show up...
piet · · #5195
forget what i just wrote, everything is lagging and sticky like maple sirop with patience all comes well...
with patience all comes well...piet · · #5196
11.87 yesterday, you`re doing a great job Sokolowski Bros. !!!
piet · · #5197
frphm wrote: Denying growth seems counterproductive...and I agree with tmopar, it’s most likely too late to stop it. I myself plan on adding 6 Gh/s to the pool soon, and blocking new registrations wouldn’t change that.Some friends did some math after i showed them PH, now their not selling @ NH anymore but mine (btc) here. You cant stop it...
mickeekung · · #5198
Day before yesterday Scrypt price was extremely high and yesterday X11 price was extremely high too but now both of them seem return back to normal.
piet · · #5199
Did you see what X11 did yesterday! I`m gonna rent some X11 today.
mickeekung · · #5200
piet wrote: Did you see what X11 did yesterday! I`m gonna rent some X11 today.Yes I see. Yesterday the price was raise up to 10¢ more than Scrypt. Unlucky the rent price in Nicehash was raise too.
GregoryGHarding · · #5201
mickeekung wrote:botspiet wrote: Did you see what X11 did yesterday! I`m gonna rent some X11 today.Yes I see. Yesterday the price was raise up to 10¢ more than Scrypt. Unlucky the rent price in Nicehash was raise too.
FRISKIE · · #5202
Do you guys notice how Nicehash manipulates the price these days? If not, look closely at the prices, and watch at ever level that ends in "1" - e. 0.0281 , 0.0291 etc. - you'll see this little "price setter" orders at each of these positions, and what they do is "switch on" periodically by ramping "Speed" way up to something like 400 , which draws all avaliable miners below up to that level, leaving any "Standard" orders below with "0". Those orders can either be patient and wait until the price setter switches back off, or, climb up. This price setter "scam" (they should allow the market to drive pricing) also drives up the price of "Fixed" orders to whatever level they want, by simply "switching on" price setter orders at higher levels, and grabbing all the miners up higher. The weekends are particularly bad, and they consistently hold prices above 0.031 , I suppose because they know more people are online.
FRISKIE · · #5203
Who is mining X11 from Nicehash? What are your PW args?
mickeekung · · #5204
FRISKIE wrote: Who is mining X11 from Nicehash? What are your PW args?https://forums.prohashing.com/viewtopic.php?f=5&t=1539. In here
FRISKIE · · #5205
https://forums.prohashing.com/viewtopic.php?f=5&t=1539. In hereThanks mate
FRISKIE · · #5206
Note - the below info re: Nicehash "price fixing" relates to Scrypt - the same method is used on other protocols though. I see today the minimum level seems to fluctuate and occasionally settle to 0.319 , that's the lowest price I've been able to snatch today.
FRISKIE · · #5207
@ Chris & Steve, please give heads up if you're restarting the server please give a heads up here so those of us with Nicehash orders will know to go check if the order survived or got cancelled. Not sure if that's the reason for my own orders being cancelled twice today already, but being a Sunday I'm probably ok to consider server restarts as prime suspect
has started a new topic: Status as of Sunday, June 11, 2017
has started a new topic: Requesting a 1337coin pool
mjgraham · · #5210
I have also noticed people on nicehash instering a lot of 500+ GH orders at all different prices, i mean right now there is 4 800+ orders spread all over the price range
mjgraham · · #5211
well looks like the delay is not much better, sitting on 360 seconds as it is now
nimbus · · #5212
is any electrician here i have a question
here i have a questionmjgraham · · #5213
not really an electrician but maybe I can help
nimbus · · #5214
so do you know how many L3+ i can run in home their consumption is 800w
nimbus · · #5215
btw i am in the uk
nimbus · · #5216
i could find any information on the net
piet · · #5217
what fuse do you have ?
mjgraham · · #5218
well if they use 800W that will be on the safe side 7A@120v normally outlet circuits are rated for 15A so two per circuit to be safe, if you just want how many can I put in my house then what is your service 200A?
nimbus · · #5219
i have no idea really i dont have any knowledge about electricity
nimbus · · #5220
what is 200 A
mjgraham · · #5221
if you had a 200A service and didn’t use anything else in the house you could run maybe 50 but normally the pole transformer and everything else is not rated for a continuous duty of 200A,well you could look at the breaker panel and see what the main breaker is rated for , if you just talking a coupe miners shouldnt be an issue if you are going to go all out you more than likely going to need some work on the electrical system
mjgraham · · #5222
200A is 200 Amp service sorry
piet · · #5223
UK is on 230v, normal UK fuse is 13 amps. 2000w per fuse should be ok.
nimbus · · #5224
oh i see i just checked the box on main switch it says 100a 230v 50mhz
mjgraham · · #5225
I agree it really depends on what your plan is, how many miners you plan on running? like piet said you could run 2 per circuit but depends on if you are just wanting the stick them here and there in the house or have some wiring done , how many miner you thinking about.
nimbus · · #5226
my problem i am not sure i am planing to rum 15x L3+ but next year ill increase to 50+ or more just want to make sure the circuts is safe
nimbus · · #5227
run*
mjgraham · · #5228
you going to be pushing it with 15 and certainly 50 will not work you going to need to make sure to have someone wire up some stuff, while not everyone has access to it but if you knew now much current you were using now would help with a clamp on amp meter. like I mentioned maybe it is different over seas Even though I have a 200 Amp service if I drew 200A for more than a few mins I would burn the pole transformer off the pole. I can see a stamp that says 15KVa on it which would be 60A and a lot of the times there rated at 2x anyway but I would get someone involved for wiring the place.
nimbus · · #5229
i see thank you so much guys i get some ideas you made me happy i think i need to do some changes in installation
nimbus · · #5230
btw where are you from guys
has started a new topic: Newbie performance question
mjgraham · · #5232
I am in the US
nimbus · · #5233
I heard electricity is quite cheap in some states in here it is bloody 17 pence
mjgraham · · #5234
shew if I converted that correctly that is more that 2x my rate and mine is a little high
has started a new topic: WAMP delay and getting paid
FRISKIE · · #5236
I have also noticed people on nicehash instering a lot of 500+ GH ordersAfter careful observation over countless days, I am convinced that it's Nicehash themselves placing these orders. They will have used their NicehashBot to set these orders with triggers based on %total miners of the "price setting" order they have at the next level below. When enough orders come in above the Nicehash order that has grabbed all the miners, the one above watches until that %total miners drops below a threshold, which triggers the one above it to ramps it's speed up to several 100 GHs , and all the miners are then grabbed up to that level. All the "legitimate" customer orders below that level are left with ZERO miners, and must either raise their price to climb up to get some miners, or patiently wait with ZERO miners until the Nicehash "price setter" orders above them "switch off" (reduce speed back to 0.010)
FRISKIE · · #5237
It would likely be illegal if not for the following text included in their FAQ "Q - Is NiceHash competing with customer's buying orders?" "A - No, we generally do not submit our own buying orders. We are striving towards open market for all buyers and bidders for hashing power. The only exception for placing our own buying orders is when paying price for miners is significantly below ideal 100% luck mining for Scrypt and SHA256 algorithms." In other words "YES" , any time they feel the need to fix the price in favor of the miners selling hashing power.
piet · · #5238
is that also happening on fixed or only standard orders ?
piet · · #5239
fixed is fixed, right ?
piet · · #5240
NH cancelled some of my orders past days, this would explain some
FRISKIE · · #5241
By fixed in this context I mean "rigged"
FRISKIE · · #5242
Go there and look at each price level that ends in "1" , ex. 0.0281, 0.0291 and so on . . at each of these levels you will find an order that is either 0.010 (if it is switched off) , or in the several 100's if it is "switched on" and it will have grabbed up all the miners
siberianbreaks · · #5243
Nicehash should be listed at badbitcoin.org, because yes its a scam
FRISKIE · · #5244
Nicehash should be listed at badbitcoin.org, because yes its a scamThing is, I still make a handsome profit there in spite of the price fixing, so I'm understandably reluctant to do anything more than spread the word and hope they realize that the jig is up, and stop on their own.
FRISKIE · · #5245
And of course flag the behavior to other NH users here so they can be aware of what's happening. Once you know this, you can observe the patterns and at least time your order for the observed lowest point they are allowing prices to drop to at that time.
frphm · · #5246
Is there an alternative to NH?
FRISKIE · · #5247
Not exactly in the same way, other sites provide miners to rent but they are not aggregated for easy orders like NH. You have to rent them individually from a list that shows the hashing power on offer, price, and a reputation ranking based on past performance.
FRISKIE · · #5248
Or, at least if there is a service other than NH that aggregates the miners for rental I don't about it.
frphm · · #5249
Anyone here used Hashnest?
frphm · · #5250
Nevermind, I asked before I knew what it was. Off topic.
GregoryGHarding · · #5251
i use hashflare, however they do not allow you to choose your pool, only from a preset listing. contracts are indefinate
FRISKIE · · #5252
Right, I have an Ethereum contract with Hashflare, it's a little unclear to me still if it's going to be profitable as difficulties rise over time. What are your thoughts @GregoryGHarding?
GregoryGHarding · · #5253
im not even a week in yet. however ETH contracts are only a year. you may have to buy a higher hast rate or they may offer a higher hash rate after difficulty gets so high
GregoryGHarding · · #5254
they do temporarly stop your service if it becomes not profitable, however they activate it again once it becomes profitable
FRISKIE · · #5255
Yes, I read that, thanks for reminding, and I recall they cancel it if it's unprofitable for a longer period of time.
GregoryGHarding · · #5256
one thing im not a fan of with HF is that stats are update once a day
FRISKIE · · #5257
All in all I prefer NH, even with the aggressive price fixing currently underway
GregoryGHarding · · #5258
i haven't head of a permanent cancel with the indefinite contracts. each algo has a different TOS
GregoryGHarding · · #5259
heard*
frphm · · #5260
Can Hashflare be pointed here for Scrypt mining, or no? Couldn’t find the list of pools they support
GregoryGHarding · · #5261
no
GregoryGHarding · · #5262
i will give you their scrypt list
FRISKIE · · #5263
Maybe it's actually "fair" in a screwed up way As I admitted earlier, if I am careful to place an order as the price drops to it's lowest "allowed" point, I am still profitable, sometimes remarkably so when Prohashing has a good day - with the price fixing the miners are surely making a profit, so who knows . . it works for everyone, so maybe I should just shut up 
As I admitted earlier, if I am careful to place an order as the price drops to it's lowest "allowed" point, I am still profitable, sometimes remarkably so when Prohashing has a good day - with the price fixing the miners are surely making a profit, so who knows . . it works for everyone, so maybe I should just shut up GregoryGHarding · · #5264
Give me coins, litecoinpool, liteguardian, f2pool, ltc1btc, and lastly coinotron
frphm · · #5265
Thank you!
FRISKIE · · #5266
i haven't head of a permanent cancel with the indefinite contractsThis was with the 1 year ETH contracts
GregoryGHarding · · #5267
i figured that was the case
frphm · · #5268
I’m super confused about NiceHash’s "Approximate Duration" calculation, because it’s estimating a negative return no matter what I input.
FRISKIE · · #5269
What kind of "return" do you mean?