Status as of Thursday, June 18
Posted: Thu Jun 18, 2015 9:59 am
Here's today's quick status:
- We are being overloaded with support tickets. Rest assured that we have all money owed and that we are going to respond as soon as possible. We want to get all the daemons moved over to the new servers as quickly as we can to increase reliability, if it can be increased any further.
- We are discovering that some mining rental companies are promising our customers a single miner, but are actually packaging multiple inferior miners together in one connection, which means that they cannot take advantage of all features and earn maximum profits. This is something we'll investigate next week in an effort to notify affected users they are not receiving the product they are paying these cloud mining companies for.
- We've moved 40 of the 137 active daemons over to the new servers. 70 more are downloading blocks (since it is faster to download across the Internet than to copy off the slammed disks). As you can see, performance has improved significantly but we don't want to rest now, given that we don't know what will happen if hashrate rises above 30 before we've finished.
- Chris is still sick and despite that, he stayed up until 7:10am last night to move daemons.
- One performance improvement I didn't consider is that when you consolidate these huge wallets, the daemons don't produce as much data on disk because they don't have to track the ridiculous number of private keys. This is something to keep in mind for people running bitcoin who receive lots of transactions.
- Once we can delete the old daemon data, we were considering buying two 1TB SSDs, which would only cost $1k, and eliminating RAID and other complex solutions. Our database is 500GB, but part of that is because we cannot delete data without overloading the disks. I never considered that we would see a day when solid state disks were large enough to be the only tier of storage, and where CacheCade solutions would be obsolete. Instead of RAID, we could simply copy the database to an attached hard drive every day - while the process would take a very long time because the hard drive is slow, the SSDs would barely be affected. Rootdude's commends on this would be appreciated.
- Finally, we apologize in advance to customers who are waiting for a while to receive replies. These are great times indeed, and who would have thought we would ever see profitability above 8 cents again?