Chat archive · 2018-11
CSZiggy · · #90822
@oppresseddude : are you overclocking the L3? Have you plugged in a watt-meter to check how much its pulling from the wall? And its not 800 watts a day, its 800 watt-hours per day.
CSZiggy · · #90823
800(depending on the overclock) watts is how much power is consumed per second. Not for the whole day. On your electric bill its watt-hours.
GregoryGHarding · · #90825
@CSZiggy : hour*
GregoryGHarding · · #90826
800 watts = 0.8 KwH X 24 hours in a day = 19.2 Kilowatts a day or 576 Kilowatts per month
GregoryGHarding · · #90827
take the 576 and multiply it by your power cost in cents per kilowatt hour and thats your monthly cost to run @oppresseddude :
CSZiggy · · #90828
@GregoryGHarding : Correct. I was just pointing out he isnt just using 800 watts for the whole month or the whole day its continuous.
CSZiggy · · #90829
at 800 watts, 578 X ...if electric is .12 cents=$69.36 // .10 cents=$57.80 // and .5 cents for Kwh=34.68
CSZiggy · · #90830
so if mining LTC and paying over 5 cents/Kwh you are spending more in electricty than the coin is currently worth.
CSZiggy · · #90831
plus once the coin is mined if live in USA then you owe income tax on it. Buying the coin means only a tax if you sell it for a profit.
CSZiggy · · #90832
That is ALSO assuming the wattage to run it doesnt put you over your supply cap, which incurrs additional costs on every watt used over your limit the rest of that month.
CSZiggy · · #90833
Also to note: friend was running HIS numbers and thought he only had to pay the Energy Charge on the wattage to run the miner. he sorta left out the Transmission + distribution charges also applied to each watt used. Took his energy from 5 cents up to 12 just like that.
GregoryGHarding · · #90834
my energy is .08 usd all in
GregoryGHarding · · #90835
plus like a 15 dollar base fee
Foxx · · #90836
CSZiggy wrote: plus once the coin is mined if live in USA then you owe income tax on it. Buying the coin means only a tax if you sell it for a profit.this is true but... many factors determine how much the net is on that mined coin. factors such as expenses - ie; energy consumption, operating expenses, anything involved such as rent, a percentage of your home. then once your net if figured, then your tax bracket comes into play. for argument’s sake, say your net for the day is $10 and your tax bracket is a net 18% then you owe $1.80 that $10 leaving you with $8.20. many, many factors involved and many many ways it can turn.
CSZiggy · · #90837
@Foxx : dont forget the additional 15% for self employment tax. That brings the tax up to 30-50%
CSZiggy · · #90838
CSZiggy · · #90839
I also dont think its the net that gets the tax, its revue generated that is taxed. Then you deduct what you spent from that. Capital gains is on net after what you paid for the coin or were taxed when it was made.
CSZiggy · · #90840
thats why last year I just went to bitcoin.tax filled in my API keys, got my 8949 form and handed it to my CPA.
dohckiller10 · · #90841
mining server down?
CSZiggy · · #90842
is it?
dohckiller10 · · #90843
yea man
CSZiggy · · #90844
do you have any connected machines?
dohckiller10 · · #90845
yea
CSZiggy · · #90846
then the mining isnt down
CSZiggy · · #90847
prolly just website or data from the servers that gets displayed
dohckiller10 · · #90848
well i have it connected to the power
dohckiller10 · · #90849
its just disconected like 5 min ago
CSZiggy · · #90850
log into it and see if its still on prohashing or on a backup
dohckiller10 · · #90851
prohashing not loading
CSZiggy · · #90852
the website isnt
CSZiggy · · #90853
check the miner itself
dohckiller10 · · #90854
i did im just reporting that mining server is down
CSZiggy · · #90855
i just ran a GPU miner software and it connected and got shares submitted
CSZiggy · · #90856
so i dont think the mining server is down
dohckiller10 · · #90857
try to load the setting page
CSZiggy · · #90858
yes, the WEBSITE is down, they are seperate
dohckiller10 · · #90859
i run a asic
CSZiggy · · #90860
you dont need the website to mine on the pool
dohckiller10 · · #90861
well the pool is down then
CSZiggy · · #90862
just cant see the profits until the webpage comes back up
CSZiggy · · #90863
the shares will still submit and be credited
CSZiggy · · #90864
no, the pool is UP, the webpage is down
dohckiller10 · · #90865
i notice my z9 fan going up and down, its trying to connect to the pool
creader · · #90866
is ther an issue with ripple payouts? I waiting since two days for payout and yes i’m over the minimum 
CSZiggy · · #90867
i think ripple is that strange one
CSZiggy · · #90868
you have to have a wallet setup with coins already in it to get stuff, or needs an ID number
CSZiggy · · #90869
give me a sec @creader :
CSZiggy · · #90870
CSZiggy · · #90871
was something about ID tags, using them or not depending on the wallets. i didnt follow it too close since I dont touch ripple, sorry.
CSZiggy · · #90872
if you didnt get a payment Id put in a support ticket
CSZiggy · · #90873
did you sign the W2 forms up?
CSZiggy · · #90874
@creader : if you are close/over $600 you have to have that paperwork on file to get more payments.
creader · · #90875
hmm thanks. ok i try to open an support ticket.
CSZiggy · · #90876
as its getting close to the end of the year, some folks may be closing in on the yearly limit, without the paperwork they wont get anymore payments
CSZiggy · · #90877
@creader : support tickets use their own accounts. NOT the prohashing or forum account.
CSZiggy · · #90878
if you’ve never put in a ticket there, have to make an account first
creader · · #90879
ok thank you. ..
CSZiggy · · #90880
best of luck, happy mining!
creader · · #90881
same to you
CSZiggy · · #90882
prohashing.com:3338 neoscrypt block 238771....[2018-11-24 05:39:08] accepted: 1/1 (100.00%), 1072.68 kH/s yay!!!
CSZiggy · · #90883
so looks like the mining server is still up and working, just webpages down
CSZiggy · · #90884
Nice, in 1 hour the LTC difficulty looking to drop 8%. More coins for those left still mining. Drop looks like 20% of the miners stopped mining on LTC network.
CSZiggy · · #90885
Looking @Twitter to see if there were any updates, STEVE - https://twitter.com/hashtag/prohashing?lang=en do you guys still use this account or is this one an official account? Hasn’t been updated or had new posts in a while. Doesnt seem to be the same as https://twitter.com/prohashing?lang=en
BogBeast · · #90886
Looks like prohashing.com is down and the pool has stopped.. Any maintenance due?
citronick · · #90887
all my rigs have failed-over to backup pool
CSZiggy · · #90888
confirmed, unable to connect GPU mining to pool, connection closed by pool.
Steve Sokolowski · · #90889
it looks like something caused the primary server to reboot, but no shares were lost except for a few people who failed over to the backup pools for a brief period
Steve Sokolowski · · #90890
everything has been restored
CSZiggy · · #90891
well there she crashs
CSZiggy · · #90892
took all of 5 hours to drop 12% on btc, 10% across the board. Go GO 28$ LTCs
CSZiggy · · #90893
And, we all laughed when STEVE said $900 BTC back in the summer.
CSZiggy · · #90894
I do NOT see it recovering..not later, not ever. Public no longer is interested/too wary, its not going to pick back up.
CSZiggy · · #90895
sorta wish I could run my miners, with diff drop litecoinpool is paying almost 20% more than here. Would be a nice mount of coins if it was worthwhile to mine with the costs as they are now.
GregoryGHarding · · #90896
we always laugh with steves projections, but we are the ones not learning anything, because hes never far from truth
CSZiggy · · #90897
i’d say in a day or 2 if the price doesnt jump back up where it was, a lot of folks will be shutting off. Then i realized most the people on here dont actually know how much they earn or pay to earn it so will continue to mine at a negative for the next month until they notice the prices.
CSZiggy · · #90898
That makes a 40% value crash in 10 days time. Talk about volatile
GregoryGHarding · · #90899
i continue mining at a loss because im paid in a coin now undervalued, so it will be future profit
GregoryGHarding · · #90900
i mine with the mindset unless its in cash or in my bank account, it dosent exist
GregoryGHarding · · #90901
it take the pressure off
CSZiggy · · #90902
if you were mining a flat stable coin and getting moar coins in the undervalued coin then yes. But with all the coins losing value, you arent getting anymore percent of coins than you were before. Just the values are less.
CSZiggy · · #90903
before you made $10 a day and got 10X $1 coins. Now you make $5 and get 10X $0.50 coins. Still the same number of coins, just less value to each of them.
CSZiggy · · #90904
GregoryGHarding wrote: i mine with the mindset unless its in cash or in my bank account, it dosent existexcept to the IRS if living in the USA, it DOES exist and is taxed at the time you created it.
citronick · · #90905
did the pool just die?
alim · · #90906
Something is up - I have had issues with sha (half speed & switching) & x11 (switching) - have switched off some
CSZiggy · · #90907
what is switching? in the autopool it assigning the next coin to mine?
CSZiggy · · #90908
alim wrote: Something is up - I have had issues with sha (half speed & switching) & x11 (switching) - have switched off someThe HALF speed I get, what do you mean by switching?
CSZiggy · · #90909
CLIMB you bitches CLIMB, blast off to the moon!
alim · · #90910
CSZiggy wrote: The HALF speed I get, what do you mean by switching?I mean went to a back up pool - both SHA and X11 were down long enough for a back up pool to synch and submit hashes. For the SHA it was happening frequently and I could hear the fans revving up and down until I finally switched it off at about 4am
CSZiggy · · #90911
yeah i noticed this morning the whole pool was being dropped over and over
CSZiggy · · #90912
goes up to 20K workers then back down to 1200 and then they slowly climb back up...and repeat
CSZiggy · · #90913
i left a voicemail, but its holiday so who knows when they will get it, check, or fix it.
CSZiggy · · #90914
@alim : gotcha, so by switching you meant failing over to backup pool, check.
CSZiggy · · #90915
going to bet profits are down today, not just the overnight crash, but with people constantly rebooting instead of mining its hard to get a hashrate going.
CSZiggy · · #90916
This happens every year at yearly upgrade. The server creates some config file by default that isnt big enough and each year chris has to go back in and alter the file to be larger to work with the pool.
olkah · · #90917
what with the pool, he almost never works 
has started a new topic: stratum servers off and on?
suykast · · #90919
connection is going crazy today, on of since etc 4oclock
suykast · · #90920
this way it cant work, has to be done some
alim · · #90921
ok, it is not just me - just set your back up pool as the 1st pool until it is sorted. Thanks @CSZiggy - on Baikals it is just a click to switch pools 
coldlexm · · #90922
All my S9(custom fw) have gone crazy . As I switched to viabtc, all S9 turned back to life. Strange...