YAY!

Interesting.  I thought all the Rev. 3's had a second fan installed on the bottom. Auto-tuning it now with BFL software to determine the proper bitstream.

On another note, I've received an email from Butterfly Labs saying that our next 2 BFL Singles have shipped and we should receive them by Monday.

I auto-tuned the BFL Single and installed the 832MH/s bitstream as recommended.  Testing is currently underway and this BFL Single will be hashing for us before the end of the day...  Which brings us to a question.  What pool do we want to use?

For those not familiar with GPUMAX, when public work is not available, it falls back to your standard pool.  I'll admit I haven't researched Bitcoin Mining Pools in a while, but did go over a few of the larger ones last night.  I decided that Ozcoin Mining Pool would work best for our purposes, due to their low fees, automatic NMC->BTC conversion, and Double Geometric Payout Method.  If no shareholders are opposed, in addition to GPUMAX, we will be mining with Ozcoin.  This morning I setup an account and set the donation rate at 1%, but am open to suggestions on what we should be making as far as a pool donation as well.

As backup-pool I would like to recommend eclipsemc. They seem to have nearly equal conditions as ozcoin.

Do you run the BFL-Software? Did you consider using cgminer instead?
I don't know how well the BFL-Software works, but cgminer seems to distribute shares among pools very efficiently, so only few shares are lost, if the main pool is lagging or down.

Please do not look too much into tomorrow's dividend payment.  It will only be for a few hours of hashing at about 0.2MH/s per share.  Next week's dividend should be about 0.65MH/s per share for a majority of the week.  Then we're back to waiting on more BFL Single shipments for further increases.  I would also like to stress that this is an actual mining operation and not a theoretical bond payout like a majority of other mining investments on the GLBSE.  That being said, variance and luck will play a role in our dividend payments.


I will look into eclipsemc.  It is run by one of our GLBSE competitors, but I'm open to having a backup, or even a few backup pools.  You can never have too many backups.


No, I don't run the BFL-Software to mine, only to run tests and install bitstreams.  We will be using cgminer as I am a big fan of the software. 


I did secure NastyMining.bit in order to have a farm status page.  I have LOTS of ideas I would like to implement and I have had discussions with an extremely talented programmer in order to bring those ideas to reality.  It will happen eventually, but when it comes to working for free, things take time.  What I can tell you is that it will be done right, and it will be awesome.

+1 for Oz and Eclipse.

MaxBTC also offers DGM and NMC merged mining with 2-factor auth; adding 0.75% 'donation' enables automatic payout. I make use of GPUMAX with a private setting for each of those three pools and set as failovers for cgminer, including a local bitcoind - just in case

Example cgminer pool config:

With that configuration, about 2% of additional share submissions are accepted by failover pools.

Sweet,

Purchasing more shares now....

I never looked into it.  It works and Butterfly Labs will accept it as a trade in for an ASIC, so I'm happy either way.  I should be getting 2 more of them on Monday and I'll let you know if they have the extra fans or not.

Our first mined Bitcoin has been sent as a BTC1 donation.  
Weekly donations to follow.

One of our originally ordered BFL Singles showed up in the mail today (no extra fan on the bottom).  I've emailed Butterfly Labs asking why there was only 1 when the order was for 2.  Hopefully the next one shows up soon.  In any event, we are now hashing away at 1664MH/s.