Best mining card with hash to power consumption ratio for monero mining as ofr 2017-10? XMR cpu mining importance of number of threads?

Mining is the lifeblood of Bitcoin but like any industry, it consumes power to unlock the precious virtual currency. There are massive mining operations around the world and they are bound to be more popping up in the next few years as Bitcoin and other cryptocurrencies continue their path into mainstream acceptance. As it stands, Bitcoin mining is a lucrative operation. With the price over $11,000, there is a lot of money to be made. Like any factory, mining rigs use electricity. A lot of electricity. According to UK based company Power Compare, the surge in Bitcoin price has directly influenced the demand on power supply.

Citing, the combination of Bitcoin and Bitcoin Cash’s estimated annual electricity consumption has climbed to 31 terawatt-hours. They also estimate that Bitcoin mining generates $9.7 bln a year. They have developed their own Bitcoin Energy Consumption Index, which has provided the most recent data driving these insights. Bitcoin and Bitcoin Cash mining is using a total of 0.13 percent of the global energy consumption - which ranks the combined mining operation as the 61st highest power consumer in the World. Interestingly, but not surprisingly, the power consumption of Bitcoin mining in November increased by nearly 30 percent - no doubt linked to the. If the demand for electricity caused by mining continues keeps at its current rate - mining will consume all of the world’s electricity supply by 2020.

As it stands, Bitcoin mining uses more power than most African countries - as shown in Power Compare’s illustration below. Secret symbol № 24: q?

The setup doesn't really make sense to me. It says it aims to discourage pool hopping, but in reality it makes no difference to big miners, and leaves smaller miners with lower payouts over longer periods of time. If a fat-ass mining operation joins the pool they are the one that will actually find the block and all the small time miners that had been waiting a week to find a block lose their hashes while the big daddy collects most of the payout. Then, if that person/group decides to leave after the payout the whole process starts again.

I may just not fully understand it, and someone else could explain it better, but the setup seems better suited for a really big pool rather than a tiny one. Fwiw I lost a days worth of shares to this pool with not a cent of payout. Went to suprnova and haven't looked back. Getting paid pretty much exactly the same amount as whattomine says I should be making. • • • • • • •. Poolmining op here: As already discussed in another thread and on reddit, the Monacoin pool was supposed to find a lot more blocks over the day than it did given its hashrate.

As a matter of fact the pool did find blocks, 10 to be precise. The reason those blocks were neither shown on the pool's block list was a subtle change done to the process when submitting mined blocks.

After the pool detects that a submitted share has hit the block target, the block gets submitted to the coin daemon. When this succeeds the block has been mined and the block reward is given to the submitter of the block.

This worked fine. What went wrong is that after submitting a block we also request the block's coinbase transaction hash from the daemon to track the confirmation progress. For some unknown reason this hash was not returned by the daemon for those last ten blocks. A coding error in the pool - introduced yesterday - caused the entire block to be regarded as orphaned because of the missing transaction hash and thus the block got not listed. It was simply forgotten.

The code was reverted to the less strict block submission success check. Seven of the ten blocks have fully been paid already and the other three blocks are in their unlock stage. My apologies for this mess! Current 37.4 GH is very little compared to the network's hash of 3600 GH, which is about 1% of the network's hash. The network difficulty swings a lot, sometimes we get around 30 blocks in an hour, other times around 40 blocks. That would make on average of 7 to 9 blocks for poolmining.org in a day. Taking variance into account, anything can happen though, that's the power of statistics.

Looking at the historical number of blocks for the past four days, it varies, because it is expected to vary. Today: 1 block (under expected average) 1 days ago: 3 blocks (under expected average) 2 days ago: 10 blocks (above expected average) 3 days ago: 5 blocks (under expected average) 4 days ago: 7 blocks (at expected average) By my calculations, everything is OK. It is a small pool that is affected by variance to a greater degree than a larger pool. Over a long period of time, not hours, not day, think weeks or more, the payout would move closer to expected average. • • • • • • •. Pool hash rate: 37.4 GH Network hash rate: 3600 GH Ratio: 37.4 / 3600 = 0.010389 Go to and count the number of blocks in some sample hours. I checked several hours, it oscilates randomly between ~ 30 and ~40.

Number of blocks in a day if 30 per hour = 30 x 24 = 720 Number of blocks in a day if 40 per hour = 40 x 24 = 960 Number of blocks poolmining is expected to mine on average if 720 blocks on the network in a day = 720 * 0.010389 = 7.48 Number of blocks poolmining is expected to mine on average if 720 blocks on the network in a day = 720 * 0.010389 = 9.97 So poolmining is expected to find on average between 7.48 and 9.97 blocks per day. Then look at the number of blocks poolmining.org found historically. I gave the data for 5 days, where 3 are under expectations, 1 is above, and 1 is at more or less the expected low. Over these last 5 days, the average is 5 blocks per day, which is 2 blocks below the expected low. This is all fine because of variance and the fact that we are looking at a very small sample of data (5 days). Edit: also take into account the fact, that I'm assuming the pool and the network has a constant hash rate. Which it doesn't, so the calculations and data is not really accurate, but only an indicator.

If I go deep to the 6th day for example. There were 12 blocks found. With this above assumption, the average for the 6 days would increase to 6.17 blocks. If I recall correctly, after VTC halved plenty of miners moved from VTC to Mona, so hashrates increased. So it really depends on what timeframe you take and what assumption on pool vs network hashrate you take. The shorter the timeframe, the greater the possible effect of variance.

• • • • • • •. Wow, still nothing. If this was a fair pool, this is waay beyond reasonable. This reality would be in the bottom.1% of the curve yo dev. You forgot to throw us some scraps to make us stfu edit: yep, fine support indeed! Gone hostile without much provocation. Locked me out without even a hint of an answer.

Quote>>'Email your wallet address to and we'll figure what's wrong. And stop with the accusations pal.'

Siacoin SC Mining Pool Best Payout. Btw, he was addressing another user with the 'pal'. I just jumped in cause i could tell i could make him show his true colours with a bit of bait. • • • • • • •.