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Bitcoin => Bitcoin Discussion => Topic started by: Phinnaeus Gage on April 07, 2014, 08:02:42 PM



Title: Do I have "putting this in perspective" correct?
Post by: Phinnaeus Gage on April 07, 2014, 08:02:42 PM
https://blockchain.info/pools?timespan=24hrs

Quote
Relayed By   count

GHash.IO      44
BTC Guild      22
Discus Fish    20
Eligius          13
Slush             5
EclipseMC       2
TripleMining   1
BitMinter        1

<apologies for using such as an example, but am perplexed>

According to blockchain.info, the above blocks were found in the past 24 hours.

That means that EclipseMC only found 2 blocks equating to ~$900 USD.

Is that all - $900 USD - that is divided among all the clients of EclipseMC dependent on the hash rate they contributed to the pool?

<again, apologies for using said example, for the general consensus is it's a fair pool>


Title: Re: Do I have "putting this in perspective" correct?
Post by: smooth on April 07, 2014, 08:06:08 PM
https://blockchain.info/pools?timespan=24hrs

Quote

Relayed By   count
GHash.IO   44
BTC Guild   22
Discus Fish   20
Eligius   13
Slush   5
EclipseMC   2
TripleMining   1
BitMinter   1

<apologies for using such as an example, but am perplexed>

According to blockchain.info, the above blocks were found in the past 24 hours.

That means that EclipseMC only found 2 blocks equating to ~$900 USD.

Is that all - $900 USD - that is divided among all the clients of EclipseMC dependent on the hash rate they contributed to the pool?

<again, apologies for using said example, for the general consensus is it's a fair pool>

Each block = 25 coins (plus fees), not 1 coin.

There are certainly small pools that only get 1-2 blocks per day, or even wait multiple days for a block. At the target block difficulty there are only 144 blocks per day so a 1% pool expects to get 1-2 of them. Nothing out of the ordinary there.




Title: Re: Do I have "putting this in perspective" correct?
Post by: Phinnaeus Gage on April 07, 2014, 08:08:46 PM
https://blockchain.info/pools?timespan=24hrs

Quote

Relayed By   count
GHash.IO   44
BTC Guild   22
Discus Fish   20
Eligius   13
Slush   5
EclipseMC   2
TripleMining   1
BitMinter   1

<apologies for using such as an example, but am perplexed>

According to blockchain.info, the above blocks were found in the past 24 hours.

That means that EclipseMC only found 2 blocks equating to ~$900 USD.

Is that all - $900 USD - that is divided among all the clients of EclipseMC dependent on the hash rate they contributed to the pool?

<again, apologies for using said example, for the general consensus is it's a fair pool>

Each block = 25 coins (plus fees), not 1 coin.

There are certainly small pools that only get 1-2 blocks per day, or even wait multiple days for a block. At the target block difficulty there are only 144 blocks per day so a 1% pool expects to get 1-2 of them. Nothing out of the ordinary there.


I just found my error and was going to post such, hoping to lock this thread (will do now) prior to anybody commenting.

I'm such an idiot that needs clinical help.  ::)

~Bruno Kucinskas