BitShares Forum

Other => Graveyard => BitShares PTS => Topic started by: bytemaster on November 05, 2013, 09:40:00 pm

Title: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: bytemaster on November 05, 2013, 09:40:00 pm

We are currently finding blocks about once per minute or more.  It takes a DO machine over a minute just to find a single birthday collision candidate.    As a result, any blocks found on DO will be orphaned and most effort will be waisted.

Once the difficulty adjusts up to 5 minute intervals again then DO will make sense.

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: kenpodragon on November 06, 2013, 12:01:35 am

Here is a pro-tip.

Create a droplet, get it up and running. Make sure that the bitcoind starts when you boot the computer.
Poweroff the instance
Create a snapshot
When it makes sense to start running again, use this snapshot to get your instances up and running again. If you want to be really high speed, you can use their API.

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: bytemaster on November 06, 2013, 01:13:20 am

Quote from: kenpodragon on November 06, 2013, 12:01:35 am

Here is a pro-tip.

Create a droplet, get it up and running. Make sure that the bitcoind starts when you boot the computer.
Poweroff the instance
Create a snapshot
When it makes sense to start running again, use this snapshot to get your instances up and running again. If you want to be really high speed, you can use their API.

Exactly what I have been doing :)

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: her0 on November 07, 2013, 11:47:51 am

Quote from: kenpodragon on November 06, 2013, 12:01:35 am

Here is a pro-tip.

Create a droplet, get it up and running. Make sure that the bitcoind starts when you boot the computer.
Poweroff the instance
Create a snapshot
When it makes sense to start running again, use this snapshot to get your instances up and running again. If you want to be really high speed, you can use their API.

can you tell me how to Poweroff the instance ？please help more.

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: goldbishop on November 07, 2013, 02:53:50 pm

so at the moment, is useless mining by DO?

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: bytemaster on November 07, 2013, 04:18:47 pm

Quote from: goldbishop on November 07, 2013, 02:53:50 pm

so at the moment, is useless mining by DO?

Lets put it this way I have over 100 DO nodes and have found a total of 2 blocks in the past 12 hours.   Mean while, my desktop i7 machine has also found 2 nodes.    You do the math on the effectiveness of DO.

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: kenpodragon on November 07, 2013, 04:32:21 pm

Quote from: her0 on November 07, 2013, 11:47:51 am

Quote from: kenpodragon on November 06, 2013, 12:01:35 am

Here is a pro-tip.

Create a droplet, get it up and running. Make sure that the bitcoind starts when you boot the computer.
Poweroff the instance
Create a snapshot
When it makes sense to start running again, use this snapshot to get your instances up and running again. If you want to be really high speed, you can use their API.

can you tell me how to Poweroff the instance ？please help more.

log into the instance
sudo poweroff
on the droplet webpage click create snapshot

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: her0 on November 08, 2013, 02:02:22 pm

thx I just get into the mining pool. this DO problem should not exist. am right?

Title: Re: Digital Ocean - You will never find a block until difficulty Adjustment!
Post by: BitNoob on November 08, 2013, 05:58:39 pm

Quote from: bytemaster on November 07, 2013, 04:18:47 pm

Quote from: goldbishop on November 07, 2013, 02:53:50 pm

so at the moment, is useless mining by DO?

Lets put it this way I have over 100 DO nodes and have found a total of 2 blocks in the past 12 hours.   Mean while, my desktop i7 machine has also found 2 nodes.    You do the math on the effectiveness of DO.

Thank you very much for this warning!
is there  any news about the DO efficiency?

I would like to use DO as soon as possible but in the same time i wouldn't like waste my cash in a useless strategy? Could you alert us when using DO will make sense?