Chat archive · 2018-06
jeffms2003 · Sat Jun 23, 2018 02:22 PM UTC
nice - once I have my electrical work done next week I’ll be bringing 7 s9s, 3 more l3++, and a z9 mini online
jeffms2003 · Sat Jun 23, 2018 02:22 PM UTC
just running 1 l3++ for testing right now
minerproo · Sat Jun 23, 2018 02:22 PM UTC
Ripple payments are not Working which is making me nervous
DeterMINEd · Sat Jun 23, 2018 02:38 PM UTC
I have 4 S9's and I am seriously thinking of switching them off. I have cheap electric too, aboit 8.5cents kw/h
jeffms2003 · Sat Jun 23, 2018 02:42 PM UTC
My electric is less than that, but I’m in a commercial building and get the cheaper commercial rates
jeffms2003 · Sat Jun 23, 2018 02:43 PM UTC
Prices can drop a good bit more and I can at least pay my monthly bills, but I suspect much more and mining difficulties will start to drop a good bit for most algos
JustAnotherPLT · Sat Jun 23, 2018 02:49 PM UTC
I cant get my L3+ to mine Lindacoin solo. I’m using c=lindcoin m=solo d=131072, suggestions?
cloaker · Sat Jun 23, 2018 03:02 PM UTC
c=Lindacoin capitol -L- Lindacoin.......the coin name must be entered as it appears on site
JustAnotherPLT · Sat Jun 23, 2018 03:03 PM UTC
c= works for other coins but Linda
cloaker · Sat Jun 23, 2018 03:04 PM UTC
i see. maybe a problem then as it works for me that way when i use it....i do not use ’d’ but it was NEVER going to work with the small l
JustAnotherPLT · Sat Jun 23, 2018 03:05 PM UTC
I’ve tried with just "c" and left out the "m" and "d" still nothing
cloaker · Sat Jun 23, 2018 03:06 PM UTC
i do n=xx,c=Lindacoin,m=solo
cloaker · Sat Jun 23, 2018 03:08 PM UTC
whats up with the expected payouts more than doubling this morning....another crock of shit going on lol?
JustAnotherPLT · Sat Jun 23, 2018 03:08 PM UTC
Ok, was thinking maybe it was down for some reason...Not sure why I can mine other coins but Linda has a hiccup
Forum notification · Sat Jun 23, 2018 03:08 PM UTC
has started a new topic:
SCRYPT COIN: QUANTIS cloaker · Sat Jun 23, 2018 03:08 PM UTC
it could be their completely fucked up here again on site if you look at the front page payouts
JustAnotherPLT · Sat Jun 23, 2018 03:09 PM UTC
I don’t know where else I can solo mine Linda, suggestions?
cloaker · Sat Jun 23, 2018 03:09 PM UTC
im going to end up dropping this site like a sack of dirt its buggy and non trustworthy with too many ’hiccups ’ that NEVER seem to favor the miner
JustAnotherPLT · Sat Jun 23, 2018 03:10 PM UTC
I always used Mining-Dutch but they don’t allow solo
cloaker · Sat Jun 23, 2018 03:10 PM UTC
i would expect them to get it together here - i do not know where to mine solo anywhere else
JustAnotherPLT · Sat Jun 23, 2018 03:11 PM UTC
Alright, well considering it keeps telling me it’s dead with Linda I’ll head back to mining-dutch. Not worth my time here otherwise.
cloaker · Sat Jun 23, 2018 03:12 PM UTC
unfortunately they better get used to that here
Foxx · Sat Jun 23, 2018 03:14 PM UTC
@cloaker : your schtick is old here. get over yourself won’t you?
cloaker · Sat Jun 23, 2018 03:16 PM UTC
there is a screen of the front page since your obviously to fucking stupid to look yourself
cloaker · Sat Jun 23, 2018 03:17 PM UTC
@ foxx RE: lack of intellect
cloaker · Sat Jun 23, 2018 03:18 PM UTC
this is our money and our time so stfu if you dont bring anything to the table
CSZiggy · Sat Jun 23, 2018 03:23 PM UTC
If you are mining correctly and the pool's software incorrectly credits you with too much money, we will pay you the average earnings for that day plus an additional 15% as an apology for the times that the earnings were incorrect. Well hopefully we got 15% extra for that goofup at least.
minerproo · Sat Jun 23, 2018 03:23 PM UTC
21K people are mining here right now
CSZiggy · Sat Jun 23, 2018 03:24 PM UTC
ni there isnt 21K people here
CSZiggy · Sat Jun 23, 2018 03:24 PM UTC
with 21K machines attached
minerproo · Sat Jun 23, 2018 03:24 PM UTC
i am mining with lots of rigs and hash power
minerproo · Sat Jun 23, 2018 03:26 PM UTC
Only thing i like is getting paid in many other coins
minerproo · Sat Jun 23, 2018 03:29 PM UTC
@CSZiggy : are we really making loss?
CSZiggy · Sat Jun 23, 2018 03:36 PM UTC
i am, but i pay too much for my electric
CSZiggy · Sat Jun 23, 2018 03:37 PM UTC
my brother is still running. he makes like .025 coins a day, so in a month he gets .75 of a litecoin from his L3+
minerproo · Sat Jun 23, 2018 03:37 PM UTC
People who use hashes from nicehash?
CSZiggy · Sat Jun 23, 2018 03:37 PM UTC
pay more than the people who own the machines and only have to pay for electric
CSZiggy · Sat Jun 23, 2018 03:38 PM UTC
I guess the idea here is run all year at a loss, sell at the end for a profit and pay half that for taxes and then be able to write off the power and costs to make half your profit.
CSZiggy · Sat Jun 23, 2018 03:40 PM UTC
I still have 400 coins from previous years. Ill sell those this year and add this years coins to the kitty for next years cashout.
cloaker · Sat Jun 23, 2018 03:42 PM UTC
mining isn’t profitable with your coin value down below 6K and your electric above .06 kw/h so i guess ’profitable’ and how one defines it is the rub
cloaker · Sat Jun 23, 2018 03:44 PM UTC
scrypt i think is best mined here due to the variety of coins but its hard to settle for 2$ a day per miner
CSZiggy · Sat Jun 23, 2018 03:44 PM UTC
its not the $2 a day its the .025 coins per day. takes too long to add up to a single coin.
cloaker · Sat Jun 23, 2018 03:44 PM UTC
this is why we cannot afford ’software’ or site based issues week after week...there is no room for error and that downtime may be that days profit
CSZiggy · Sat Jun 23, 2018 03:45 PM UTC
If coins were only 2$ you would only make .02 cents profit but if you got 5 coins a day and were hoping the coins would go up youd be happy
cloaker · Sat Jun 23, 2018 03:45 PM UTC
i have 7 l3+’s going that may generate 15$ today here so slice it however you want to
CSZiggy · Sat Jun 23, 2018 03:46 PM UTC
i spent all that time getting cooling in place, now cant affrod to run any of it so dont matter
cloaker · Sat Jun 23, 2018 03:47 PM UTC
......we’’ bounce back vro
Splinter · Sat Jun 23, 2018 03:53 PM UTC
BTG payments stopped being sent after June 20... what is happening? The payments were "sent" but I did’t receive...
minerproo · Sat Jun 23, 2018 03:54 PM UTC
well mining is difficult as more and more people mine everyday
minerproo · Sat Jun 23, 2018 03:54 PM UTC
no pool is giving you so much profit
CSZiggy · Sat Jun 23, 2018 03:55 PM UTC
test many other pools do you?
CSZiggy · Sat Jun 23, 2018 03:57 PM UTC
I'd argue with the difficulty increases and coin price drops, probably less and less people are mining than were 2 weeks ago.
minerproo · Sat Jun 23, 2018 04:00 PM UTC
I tested almost all pools from nano, supernova multipool auto switch to miningpool hub
minerproo · Sat Jun 23, 2018 04:00 PM UTC
even planned to make my own :p
suykast · Sat Jun 23, 2018 05:17 PM UTC
alot of coins are offline to mine for scrypt, can you take a look at it ?
suykast · Sat Jun 23, 2018 05:17 PM UTC
like gamecredit digibyte pakcoin compu ...
Splinter · Sat Jun 23, 2018 06:18 PM UTC
Splinter wrote: BTG payments stopped being sent after June 20... what is happening? The payments were "sent" but I did’t receive... Now I got the payments
Thx!
DeterMINEd · Sat Jun 23, 2018 09:29 PM UTC
4 x S9's been on for 17.5 hours on the weekend cheapest tariff. Just did the math and in those 17.5 I have made a whopping $1.13. I am giving it until the end of the month and selling up. Anyone got any great ideas to maximise profit? Going solo doesn't pay either.
alim · Sat Jun 23, 2018 10:42 PM UTC
I’m on about $12 for 4 miners.. @DeterMINEd.. my strategy is to take payment in a coin I believe will rise quickly when the market stops dropping. So I’m looking for the relative rise and speed thereof. I’m bouncing around my target coins, taking the one which is not TOP - eg being mined, and when they flip, I switch the payment coins so I’m earning on the higher one and buying the lesser cost one.
alim · Sat Jun 23, 2018 10:44 PM UTC
minerproo wrote: where should i mine then I tried MPH - I found my rate of work acceptance was low. Then I found the move to my payout coins was slower still.. Make sure you don’t plan to change your strategy there.
jeffms2003 · Sun Jun 24, 2018 05:05 AM UTC
network hash rates are about to fall through the floor if prices keep going down.
Foxx · Sun Jun 24, 2018 10:57 AM UTC
@jeffms2003 : one might think that they already should have. might Bitmain already be running the S11 in their mines?
mycide · Sun Jun 24, 2018 12:55 PM UTC
all in the plans, drop support, make smaller investors/asic farmers that did not take profits already forced to sell cheap. Difficulty will keep going up. rigs will never make more coins per day then you make now, no matter the price. Also keep in mind as soon as the next gen rig comes out we will see another amazing moon.. this time, buy the crypto now, sell it when bitmain dumps next gen rigs on market, once that is done price will drop again.
Tomas_Novak · Sun Jun 24, 2018 05:24 PM UTC
in the last hour there times the miners are disconnected
Hobo01 · Sun Jun 24, 2018 06:15 PM UTC
I do have a comment to make regarding the COLLECTION of information for the IRS -MISC form. Reading through the Tax information, prohashing is a foreign pool.
Hobo01 · Sun Jun 24, 2018 06:16 PM UTC
Q-2: Is virtual currency treated as currency for purpo ses of determining whether a transaction results in fore ign currency gain or loss under U.S. federal tax laws? A-2: No. Under currently applicable law, virtual currency is not treated as currency that could generate foreign currency gain or loss for U.S. federal tax purposes
Hobo01 · Sun Jun 24, 2018 06:16 PM UTC
You do not need to collect information.
Hobo01 · Sun Jun 24, 2018 06:16 PM UTC
It is treated as property not currency.
Hobo01 · Sun Jun 24, 2018 06:17 PM UTC
Since you do not pay me in US Dollars. I do not report this as income. It’s property.
Splinter · Sun Jun 24, 2018 06:19 PM UTC
Please add support to Equihash ASICs
Hobo01 · Sun Jun 24, 2018 06:27 PM UTC
Please add another option of opt out to report.
Hobo01 · Sun Jun 24, 2018 06:28 PM UTC
The notice provides that virtual currency is treated as property for U.S. federal tax purposes. General tax principles that apply to property transactions apply to transactions using virtual currency. Among other things, this means that:
Hobo01 · Sun Jun 24, 2018 06:29 PM UTC
I am NOT a 1099 contractor to ProHashing. I am a consumer of a service. PERIOD.
Hobo01 · Sun Jun 24, 2018 06:29 PM UTC
You charge me 4.99% pool fees. That is it.
Hobo01 · Sun Jun 24, 2018 06:30 PM UTC
If I were a contractor, you would charge 0.0% pool fees and pay me in US Dollars on a regular schedule regardless of gain or lose.
......we’’ bounce back vro