Bitcoin Forum

Just looking opinions please. Is it possible for a pool to mine over 38 days, submit over 1.3 billion shares, go offline twice during this and still not find a single block?   Seems to be a few disgruntled miners over at give me coins pool disputing this, some think there may be a scam going on......just asking before considering joining that pool.

thanks

It doesn't look like real you would have to be REALLY unlucky.

Considering the network difficulty is 5 billion right now....finding a block in 1.3 billion shares would be considered extremely lucky.  Even at the difficulty from a month ago, 1.3 billion shares to find a block would have been faster than expected.

Oh well i don't know why but i thought eh was talking about altcoins, sorry for mislead lol.

Sorry my mistake, not 1.3 billion shares, but 13.5  billion shares....would this make any significant diifference.....?

its look fishy now  :o

It's still very possible with bad luck.

It was fishy before now it's even more fishy. Much more.

Thanks for the opinion, some miners over there are saying that at 10 billion shares, the pool went offline, then when came back on went back to 9 billion shares without a payout....apparently has done this twice.... admins put it down to hardware problems, some miners are putting it down to skimming etc etc.... im just unsure what to do for the best.

At current network difficulties, a block can easily take 35-45 billion shares without even being a "record breaking" bad luck block.  It's uncommon, but not extremely rare, for a block to take > 5x difficulty worth of shares.  Most large pools that have been around for a while have all had a few blocks that have taken 7-9x difficulty before.  The record, as far as I know, was between 10 and 11x.

The 3 worst blocks for Eligius are 10.7% (4.8B shares @ 0.5B difficulty), 11.8% (4.3B shares @ 0.5B difficulty) and 13.2% (16.6B shares @ 2.2B difficulty).
http://eligius.st/~gateway/stats/recent-blocks?sort=desc&order=Luck


Edit: The earliest block included on that page was on Jan 2012, while the pool started on Apr 2011.
So, there could be blocks with even worse luck :P

It wasn't fishy at all before (no block found with 1.3B shares @ 5B difficulty).
It is unlucky, but not that rare, to have no block found with 13.5B shares @ 5B difficulty.

Check my above post for comparison. :)

I was mining scrypt there, left though as the payouts seemed off/to low. Went to rapidhash.net