Bitcoin.com Mining Pool Official Discussion Thread

[Bitpool4]

Do you plan to update your referral program? If yes, then when?
At the moment it DOES NOT WORK, because the minimum purchase of 100Th \ s
it is very much, even almost not real.
Lost the sense of advertising bitcoin.com and deal with the referral program.

[zowki]

Do you plan to update your referral program? If yes, then when?
At the moment it DOES NOT WORK, because the minimum purchase of 100Th \ s
it is very much, even almost not real.
Lost the sense of advertising bitcoin.com and deal with the referral program.

We don't have plans to update the referral plan at the moment.

Our sales are very strong and our stocks can't keep up with the demand. We are selling faster than we can restock.

When we have sufficient stock then we will consider updating the referral program.

[nplamers]

I have a question regarding our pool mining here. How do we know if the pool mined a block? On the dashboard it says we mined block 484449 1 day ago, but if you go to pool statistics>blocks, it says the most recent mined block was 483204 16 hours ago. I am really confused.

[zowki]

I have a question regarding our pool mining here. How do we know if the pool mined a block? On the dashboard it says we mined block 484449 1 day ago, but if you go to pool statistics>blocks, it says the most recent mined block was 483204 16 hours ago. I am really confused.

The dashboard shows last mined block for either the BTC or BCC chain by highest block height. I will fix this so it only shows the block for the coin you selected in the top bar.

[Sirslicey]

ETA on accepting Bitcoin Cash to buy contracts? I know it's relatively soon.

[zowki]

ETA on accepting Bitcoin Cash to buy contracts? I know it's relatively soon.

Within a week.

[nplamers]

I have a question regarding our pool mining here. How do we know if the pool mined a block? On the dashboard it says we mined block 484449 1 day ago, but if you go to pool statistics>blocks, it says the most recent mined block was 483204 16 hours ago. I am really confused.

The dashboard shows last mined block for either the BTC or BCC chain by highest block height. I will fix this so it only shows the block for the coin you selected in the top bar.

Ahhh ok. Thanks for the response!

[Sirslicey]

ETA on accepting Bitcoin Cash to buy contracts? I know it's relatively soon.

Within a week.

Do you foresee any more price/stock changes on current purchasable contracts within the next week or so? More-so looking at Pre-Order 2 or perhaps a new Pre-Order 3 for November-31st?

[zowki]

ETA on accepting Bitcoin Cash to buy contracts? I know it's relatively soon.

Within a week.

Do you foresee any more price/stock changes on current purchasable contracts within the next week or so?

We will get a big restock in late September. Price will depend on supply and demand, which I can't accurately predict.

[nplamers]

I have another question. Is it recommended to use vardiff or a static diff? If vardiff, how do you set that with an Antminer S7 over static? My best share is only showing as 135M which seems pretty low.

[zowki]

I have another question. Is it recommended to use vardiff or a static diff? If vardiff, how do you set that with an Antminer S7 over static? My best share is only showing as 135M which seems pretty low.

vardiff is fine in most cases. If vardiff is giving you issues the you can set difficulty by following these instructions (from the FAQ)

To set difficulty, enter the worker password as d=xxx (where xxx is the difficulty).

Recommended difficulty is your hashrate in terahashes multiplied by 1000. For example, if your worker has 12TH/s then please enter "d=12000" (without quotes) as the password.

You don't need to set worker difficulty if you are cloud mining.

[nplamers]

I have another question. Is it recommended to use vardiff or a static diff? If vardiff, how do you set that with an Antminer S7 over static? My best share is only showing as 135M which seems pretty low.

vardiff is fine in most cases. If vardiff is giving you issues the you can set difficulty by following these instructions (from the FAQ)

To set difficulty, enter the worker password as d=xxx (where xxx is the difficulty).

Recommended difficulty is your hashrate in terahashes multiplied by 1000. For example, if your worker has 12TH/s then please enter "d=12000" (without quotes) as the password.

You don't need to set worker difficulty if you are cloud mining.

Thanks. I actually currently use the set difficulty. To allow vardiff, do I just use any password that's not "d=xxx"?

[zowki]

I have another question. Is it recommended to use vardiff or a static diff? If vardiff, how do you set that with an Antminer S7 over static? My best share is only showing as 135M which seems pretty low.

vardiff is fine in most cases. If vardiff is giving you issues the you can set difficulty by following these instructions (from the FAQ)

To set difficulty, enter the worker password as d=xxx (where xxx is the difficulty).

Recommended difficulty is your hashrate in terahashes multiplied by 1000. For example, if your worker has 12TH/s then please enter "d=12000" (without quotes) as the password.

You don't need to set worker difficulty if you are cloud mining.

Thanks. I actually currently use the set difficulty. To allow vardiff, do I just use any password that's not "d=xxx"?

Yes, if you set a different password then you'll use vardiff

[nplamers]

vardiff is fine in most cases. If vardiff is giving you issues the you can set difficulty by following these instructions (from the FAQ)

To set difficulty, enter the worker password as d=xxx (where xxx is the difficulty).

Recommended difficulty is your hashrate in terahashes multiplied by 1000. For example, if your worker has 12TH/s then please enter "d=12000" (without quotes) as the password.

You don't need to set worker difficulty if you are cloud mining.

Thanks. I actually currently use the set difficulty. To allow vardiff, do I just use any password that's not "d=xxx"?

Yes, if you set a different password then you'll use vardiff

Thanks!

[nplamers]

Thanks. I actually currently use the set difficulty. To allow vardiff, do I just use any password that's not "d=xxx"?

Yes, if you set a different password then you'll use vardiff

Thanks!

Vardiff isn't working. It keeps setting it to 256 and leaving it there.

[bitkilo]

What happened to Pre-Order 1? Did someone just buy 35,000TH overnight? Or is this some kind of technical issue? Or did these contracts get pulled out due to some plans going ahead?

The Pre-Order #1 plan will be back in stock hopefully by the end of today, they were just taken down to fix a bug and will be available again shorty.

[rogerver]

What happened to Pre-Order 1? Did someone just buy 35,000TH overnight? Or is this some kind of technical issue? Or did these contracts get pulled out due to some plans going ahead?

Since we are getting close to the due date, I may just wait to sell the rest once the hash rate is actually online.

[KevinMcKernan]

What happened to Pre-Order 1? Did someone just buy 35,000TH overnight? Or is this some kind of technical issue? Or did these contracts get pulled out due to some plans going ahead?

Since we are getting close to the due date, I may just wait to sell the rest once the hash rate is actually online.

I would buy much more hash rate if there was more data on historical profitability here. Its hard to know how long a lifetime contract will be profitable for or if these contracts would be under water before they earn their cost basis back.

Any good proxies for this?

[farzin]

What happened to Pre-Order 1? Did someone just buy 35,000TH overnight? Or is this some kind of technical issue? Or did these contracts get pulled out due to some plans going ahead?

Since we are getting close to the due date, I may just wait to sell the rest once the hash rate is actually online.

I would buy much more hash rate if there was more data on historical profitability here. Its hard to know how long a lifetime contract will be profitable for or if these contracts would be under water before they earn their cost basis back.

Any good proxies for this?

I have the same question but I do not believe there is any data for historic profitability. The profitability varies with the price of bitcoin. For example in my case, when I started my lifetime contract, the price of bitcoin was around $2,800, so I have so far benefited from the rise in the price of bitcoin, which now stands at around $4,300. The higher the price of bitcoin goes, the sooner you will get your cost basis back.

[bitkilo]

Since we are getting close to the due date, I may just wait to sell the rest once the hash rate is actually online.

I would buy much more hash rate if there was more data on historical profitability here. Its hard to know how long a lifetime contract will be profitable for or if these contracts would be under water before they earn their cost basis back.

Any good proxies for this?

I have the same question but I do not believe there is any data for historic profitability. The profitability varies with the price of bitcoin. For example in my case, when I started my lifetime contract, the price of bitcoin was around $2,800, so I have so far benefited from the rise in the price of bitcoin, which now stands at around $4,300. The higher the price of bitcoin goes, the sooner you will get your cost basis back.

Yes unfortunately we don't have much historical data from our pool because our mining pool has only been open to public since March 2017.

If the price of bitcoin keeps going up as it has been then yes you will make ROI quicker, the down side to large price rises is that it is normally followed by more miners joining the network and causing the mining difficulty to increase.

Personally if i was looking to make a large investment then i would be seriously considering one of the pre-order #2 plan simply because the price per TH is so much cheaper on those plans. This price will go up the closer we get to the start date of 2017/10/31

[zowki]

What happened to Pre-Order 1? Did someone just buy 35,000TH overnight? Or is this some kind of technical issue? Or did these contracts get pulled out due to some plans going ahead?

Since we are getting close to the due date, I may just wait to sell the rest once the hash rate is actually online.

Roger I was wondering. I believe that you've had some terrible experiences with the United States and you're not fond of their regulations, future, and economic decisions etc. So I want to know, correct me if I'm wrong, are your mining facilities located in the northern parts of the US?
As an investors, I just want to know and confirm with you which continent people are putting their hash rates into when they purchase mining contracts from bitcoin.com. Or is this still too sensitive of information to be shared?
I would appreciate the clarification

Our mining equipment is located in the US and China. The exact locations are sensitive information that I'm not allowed to disclose.

[bitkilo]

Where to fin a good mining? Ou trouver des bons monong?

Please try to keep to English in the English language threads.

If you are looking for a mining pool then you have come to the right place, just pick a mining plan from our available stocks and start mining bitcoins: https://pool.bitcoin.com/index_en.html#buyhashrate

[crypto manager]

yes nice , thank

[PSD13]

Sorry, all sales are final from us, but we do have plans to enable a hash reselling market so existing contract holders can buy and sell their hash rate with each other.

Is something new with the hash reselling market or the approximate date of implementation? Thanks for reply

[zowki]

Sorry, all sales are final from us, but we do have plans to enable a hash reselling market so existing contract holders can buy and sell their hash rate with each other.

Is something new with the hash reselling market or the approximate date of implementation? Thanks for reply

I'm not planning to work on that yet. There's a lot of other features I need to build first.

[LordHelpMe]

Hey guys, im looking to buy mining power but im worried, since im 99% sure bitcoin will apreciate in value wont mining be worthless because if btc increases in value so will the dificulty increase and my earnings depreciate with time

[rogerver]

Hey guys, im looking to buy mining power but im worried, since im 99% sure bitcoin will apreciate in value wont mining be worthless because if btc increases in value so will the dificulty increase and my earnings depreciate with time

That is the million dollar question that all of us can only guess at.
The good news is that dollar on dollar, no matter which way the Bitcoin price goes, I think you are likely to earn a profit.
Try using Greywyvren's great calculator as well.

[LordHelpMe]

where can i find the calculation?

[rogerver]

It is discussed a lot in the thread above.
Here it is:
http://www.greywyvern.com/code/javascri ... itcoincalc

[GreyWyvern]

It is discussed a lot in the thread above.
Here it is:
http://www.greywyvern.com/code/javascri ... itcoincalc

I understand BCH daily earnings by the pool are pretty volatile. But unless I have them, I can't provide a calculation of any kind. The pre-orders do this too by not providing a daily return estimate. I'm still interested in updating the tool to work with the new contracts though!

Also, it looks like the site where I got my difficulty info bitcoinwisdom is now stuck and hasn't updated in two weeks!