Chat archive · 2018-11
PolakCrypto · Wed Nov 21, 2018 04:27 AM UTC
gotta have the balls to make the smart decision
PolakCrypto · Wed Nov 21, 2018 04:28 AM UTC
ziggy u got the firmware mod on your l3’s for better efficiency
CSZiggy · Wed Nov 21, 2018 04:28 AM UTC
no i hand tuned all mine in the first month I got them
CSZiggy · Wed Nov 21, 2018 04:29 AM UTC
did a lot of mixing and matching to get all the boards up with 0 errors
PolakCrypto · Wed Nov 21, 2018 04:29 AM UTC
i heard there was a custom firmware you could get for l3+ to lower power usage and up hashrate a little bit
CSZiggy · Wed Nov 21, 2018 04:29 AM UTC
put all the ’normal/bad’ boards in 3 units and put all the high end boards in others to allow them to get upped without tossing error on the slower boards
CSZiggy · Wed Nov 21, 2018 04:30 AM UTC
its not enough to make up 3X difference
CSZiggy · Wed Nov 21, 2018 04:31 AM UTC
Polak are you paying for your electricty or is it free?
CSZiggy · Wed Nov 21, 2018 04:32 AM UTC
the price i pay in electric to mine, vs the price i can buy coins at
PolakCrypto · Wed Nov 21, 2018 04:32 AM UTC
yeah i cant really argue that..like the L3+ is tough to justify costs of mining at all
CSZiggy · Wed Nov 21, 2018 04:33 AM UTC
with 30% price slides, is there a miner that makes money? or only if the coins sell down the river for more later on?
CSZiggy · Wed Nov 21, 2018 04:33 AM UTC
i read the break even point for mining with BTC was like 5400 $ usd
CSZiggy · Wed Nov 21, 2018 04:33 AM UTC
thats how much in electric it would cost to mine 1 BTC
CSZiggy · Wed Nov 21, 2018 04:33 AM UTC
right now you could buy one for $4400
CSZiggy · Wed Nov 21, 2018 04:34 AM UTC
at what point do you run numbers and decide its not worth it to wish and hope you break even?
CSZiggy · Wed Nov 21, 2018 04:34 AM UTC
if you mine residential, and go over certain limits
CSZiggy · Wed Nov 21, 2018 04:35 AM UTC
they start to add in extra prices for the electric
CSZiggy · Wed Nov 21, 2018 04:35 AM UTC
each house is alloted a certain amount, if your over there is a surplus charge added to every kWh you burn.
CSZiggy · Wed Nov 21, 2018 04:35 AM UTC
I had a shop setup in a business with commercial electric class service
CSZiggy · Wed Nov 21, 2018 04:35 AM UTC
so I could pump it all day and price was the same.
CSZiggy · Wed Nov 21, 2018 04:36 AM UTC
but if you mine with a miner at home, there may be surpluss electric charge that means you pay a LOT more to mine than you think
PolakCrypto · Wed Nov 21, 2018 04:36 AM UTC
aint gotta get mad at me cause prices are dropping
CSZiggy · Wed Nov 21, 2018 04:36 AM UTC
im not mad at all, just pointing out some ppl dont figure out the electric
CSZiggy · Wed Nov 21, 2018 04:37 AM UTC
ever plug a watt/volt meter into the rigs to see how much they suck from the wall?
PolakCrypto · Wed Nov 21, 2018 04:37 AM UTC
this guys chewing me out for having one small rig
PolakCrypto · Wed Nov 21, 2018 04:37 AM UTC
like im causing climate change
CSZiggy · Wed Nov 21, 2018 04:38 AM UTC
yeah..1 small rig running 24-7 is more than enough to add in surplus charges on all the wattages you use over like 2000 a month
PolakCrypto · Wed Nov 21, 2018 04:39 AM UTC
how much wattage is 1 small rig to you?
CSZiggy · Wed Nov 21, 2018 04:39 AM UTC
if the prices jump up, or the difficuty drops so I can get a LOT more coins per month
CSZiggy · Wed Nov 21, 2018 04:40 AM UTC
if your using USB miners I think you are safe
CSZiggy · Wed Nov 21, 2018 04:40 AM UTC
it would differ from state 2state
CSZiggy · Wed Nov 21, 2018 04:40 AM UTC
and electric to electric
CSZiggy · Wed Nov 21, 2018 04:41 AM UTC
class A commercial got me the lower rate
CSZiggy · Wed Nov 21, 2018 04:42 AM UTC
you can deduct it all, it doesnt matter
CSZiggy · Wed Nov 21, 2018 04:42 AM UTC
but if you cant sell the coins to have a capital gains
CSZiggy · Wed Nov 21, 2018 04:42 AM UTC
you have nothing to deduct it from
CSZiggy · Wed Nov 21, 2018 04:43 AM UTC
so you sorta have to sell the coins in the year they were made, so you can take off the cost of the pwoer to make them from the capital gains you owe at the end
CSZiggy · Wed Nov 21, 2018 04:44 AM UTC
or if the coins become worth half as much as they were when you mined them=still screwed
PolakCrypto · Wed Nov 21, 2018 04:44 AM UTC
your problem is you gotta pay for all the people with free electricity
PolakCrypto · Wed Nov 21, 2018 04:44 AM UTC
so rates gotta be high no matter what
CSZiggy · Wed Nov 21, 2018 04:44 AM UTC
the rates could be .20 a kWH
CSZiggy · Wed Nov 21, 2018 04:44 AM UTC
as long as when i sell them i owe enough in capital to write off the power its still free
CSZiggy · Wed Nov 21, 2018 04:45 AM UTC
wether i pay the IRS 20K or the electric company 20K doesnt matter
CSZiggy · Wed Nov 21, 2018 04:45 AM UTC
its when i pay the electic company 20K and I only owe 0 cause i didnt sell any coins it becomes messy
CSZiggy · Wed Nov 21, 2018 04:47 AM UTC
electricty becomes free if you pay more in capital gains to offset it
GregoryGHarding · Wed Nov 21, 2018 04:51 AM UTC
im stale sharing my own blocks lol
GregoryGHarding · Wed Nov 21, 2018 04:51 AM UTC
Quark Bloodcoin 3.2 0 2 $0.000031434954102528 Stale 28 minutes ago 3379362 Quark Bloodcoin 3.2 0 8 $0.000031464266237183994 Immature 28 minutes ago 3379362 Quark Bloodcoin 3.2 0 1 $0.000031434954102528 Stale 28 minutes ago 3379362 GregoryGHarding · Wed Nov 21, 2018 04:52 AM UTC
[list=][*]Quark Bloodcoin 3.2 0 2 $0.000031434954102528 Stale 28 minutes ago 3379362[*]Quark Bloodcoin 3.2 0 8 $0.000031464266237183994 Immature 28 minutes ago 3379362[*]Quark Bloodcoin 3.2 0 1 $0.000031434954102528 Stale 28 minutes ago 3379362[/list]
GregoryGHarding · Wed Nov 21, 2018 04:53 AM UTC
useless.. tried to make it more readable
GregoryGHarding · Wed Nov 21, 2018 04:53 AM UTC
[list=test][*]Quark Bloodcoin 3.2 0 2 $0.000031434954102528 Stale 28 minutes ago 3379362[*]Quark Bloodcoin 3.2 0 8 $0.000031464266237183994 Immature 28 minutes ago 3379362[*]Quark Bloodcoin 3.2 0 1 $0.000031434954102528 Stale 28 minutes ago 3379362[/list]
GregoryGHarding · Wed Nov 21, 2018 04:54 AM UTC
[*]Quark Bloodcoin 3.2 0 2 $0.000031434954102528 Stale 28 minutes ago 3379362[*]Quark Bloodcoin 3.2 0 8 $0.000031464266237183994 Immature 28 minutes ago 3379362[*]Quark Bloodcoin 3.2 0 1 $0.000031434954102528 Stale 28 minutes ago 3379362[/list]
GregoryGHarding · Wed Nov 21, 2018 04:54 AM UTC
[list][*]Quark Bloodcoin 3.2 0 2 $0.000031434954102528 Stale 28 minutes ago 3379362[/*:m][*]Quark Bloodcoin 3.2 0 8 $0.000031464266237183994 Immature 28 minutes ago 3379362[/*:m][*]Quark Bloodcoin 3.2 0 1 $0.000031434954102528 Stale 28 minutes ago 3379362[/*:m][/list:u][/list]
CSZiggy · Wed Nov 21, 2018 05:00 AM UTC
apexseals must REALLY like his Teacoins.
CSZiggy · Wed Nov 21, 2018 05:01 AM UTC
Ohhh they re-ordered the tabs for the live coin status....wonder if that goofs anyone up
GregoryGHarding · Wed Nov 21, 2018 05:06 AM UTC
i still am a little dumbfounded how i found my block 3 times
CSZiggy · Wed Nov 21, 2018 05:10 AM UTC
i would say that was their FIX for bot miners...but the way teacoins are being mined, ill guess not.
CSZiggy · Wed Nov 21, 2018 07:25 AM UTC
not sure dont have any miners up to see
CSZiggy · Wed Nov 21, 2018 07:25 AM UTC
the stats up top just flashed back, so maybe a good sign
Forum notification · Wed Nov 21, 2018 09:27 PM UTC
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Clear Live Balances Forum notification · Wed Nov 21, 2018 09:28 PM UTC
Forum notification · Wed Nov 21, 2018 09:37 PM UTC
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Quark Difficulty Forum notification · Thu Nov 22, 2018 05:01 AM UTC
Forum notification · Thu Nov 22, 2018 09:22 AM UTC
cc4506 · Thu Nov 22, 2018 02:36 PM UTC
Yes, Happy Thanksgiving everyone!
Forum notification · Thu Nov 22, 2018 02:55 PM UTC
ajs · Thu Nov 22, 2018 03:23 PM UTC
Happy Thanksgiving to Steve, Chris, Constance and Vance (and any others) - Thank you for running an honest, transparent business
Forum notification · Thu Nov 22, 2018 07:44 PM UTC
has started a new topic:
Bitcoin payouts delayed oppresseddude · Fri Nov 23, 2018 09:36 AM UTC
Has anyone noticed their L3 utility on prohash goes down about 50% compared to straight mining for litecoin? Do we still earn the same regardless of our miners utility value?
oppresseddude · Fri Nov 23, 2018 09:39 AM UTC
On litecoinpool.org i get a utility of 7 whereas prohash is only 3.
oppresseddude · Fri Nov 23, 2018 09:42 AM UTC
I’d hate to earn less than $1.10 for 800 watts a day... o.0
