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KBomba

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KBomba
Jun 30th, 2014
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  1. [16:14:02] KBomba Jake: You're a dev here?
  2. [16:14:14] t00tie Duwanor: Learn mining before you buy hardware for it
  3. [16:14:30] Jake KBomba, need a hand with something?
  4. [16:14:38] |<-- Platn has left freenode (Read error: Connection reset by peer)
  5. [16:14:40] KBomba Your BTC/(MH/S) how is that calculated? When people get paid out (4 or 6 times a day) or when it's mined?
  6. [16:14:55] Duwanor Oh I'm not in any place to buy a rig just yet, just looking for info.
  7. [16:15:00] KBomba Because you don't have a classic payout-in-btc-only pool
  8. [16:15:16] Jake the BTC/Mhash/Day is calculated based on the price of coins as they are mined compared to the difficulty and like likelyhood to find a block
  9. [16:15:29] KBomba So it's not really what I'll get?
  10. [16:15:40] Jake it's what it's worth at the direct time
  11. [16:15:42] Arokh42 this is like the perfect training for the support bot Jake:D
  12. [16:15:43] KBomba Price might be lower when it gets exchanged
  13. [16:15:48] Jake more of an estimate
  14. [16:16:00] Jake Arokh42, good thing this bot has capacitive learning right
  15. [16:16:02] MrBotterson >>>>> NEW RUBYCOIN BLOCK JUST FOUND BY PIOTREKNJ AT 9:13:37 ON 06-30-14
  16. [16:16:02] MrBotterson >>>>> HEIGHT: 72287 | DIFF: 11.14302452 | REWARD: 75
  17. [16:16:03] KBomba But that's now how other multipools calculate it he
  18. [16:16:19] KBomba I'm writing this profit calc which also takes multipools into accounts
  19. [16:16:20] KBomba http://en.wikipedia.org/wiki/Rosary
  20. [16:16:24] KBomba OOPS
  21. [16:16:35] KBomba https://bitcointalk.org/index.php?topic=167229.msg7587887#msg7587887
  22. [16:16:39] KBomba ^ That one
  23. [16:16:40] Jake it's more of a rough guide so you can see what coin and algorithm is the most profitable
  24. [16:16:43] KBomba *blush*
  25. [16:16:48] ThinAir busted
  26. [16:17:01] Duwanor Okay so a quick question, how much would a decent asic cost? And what kind of outputs would it show.
  27. [16:17:03] KBomba Yeah, but it's like comparing eggs and apples (or whatever the right expression is in english)
  28. [16:17:16] Jake Duwanor, they're around $100 for the better ones these days
  29. [16:17:23] Jake at around 1.3Meha hashes
  30. [16:17:26] Jake mega*
  31. [16:17:27] |<-- notsoshifty has left freenode (Quit: My MacBook has gone to sleep. ZZZzzz…)
  32. [16:17:41] nicetime duwanor: how match cash do you want to spend?
  33. [16:17:44] Duwanor Oh really? Damn. What sort of hourly coin output would that have/ Roughly.
  34. [16:18:03] Jake KBomba, it is accurate as long as you're pulling them from the site live
  35. [16:18:10] Jake well Duwanor
  36. [16:18:15] Jake !khash 1300 doge hour
  37. [16:18:16] Shibe_Wanders Expected Profit: 132.44836627 DOGE per hour
  38. [16:18:21] KBomba Jake: And autotrading themselves?
  39. [16:18:58] ThinAir Jake, taking the system completely offline when it's having trouble is much preferable, see if they can detect that and just shut it down. I had some rentals last night and if they had failed-over quickly it would be no big deal.
  40. [16:19:18] Jake KBomba, the auto trading system is user set, you lose the network charges for BTC during those transactions and because they only occur every 6 hours a coin can lose or gain value
  41. [16:19:31] KBomba Mostly lose
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