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121  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining Profitability Chart (Bitcoin and Namecoin) on: June 19, 2011, 12:28:28 AM
You're probably aware of this but if not your chart does not seem to be updating mtgox price.
122  Alternate cryptocurrencies / Altcoin Discussion / Re: Namecoin miners, stand up and be counted! on: June 18, 2011, 08:22:39 PM
Currently solo mining with 170MH/s.  We'll see how it goes.

At the current difficulty that 1 block every 256 days. With the current difficulty trend i'd say 50% to find 1 block within 3 years.


Actually 170 MH is stated as 16 days 8 hours 11 min according to:

http://dot-bit.org/tools/namecoinCalculator.php?difficulty=55882.4523785&hashrate=170000

Still not a great bet, but much better than 256 days. (Are you a network guy?) ;o) lol
123  Bitcoin / Pools / Re: BTC Guild - 0% Fees, Long polling, SSL, JSON API, and more [~1300 gH/sec] on: June 12, 2011, 12:41:58 PM
Did BTCGuild get ddos or being ddos'd as well as Deepbit? Site is extremely slow and the round shares have reset a time or two with no changes on the block statistics page.
124  Bitcoin / Mining / Re: SOLUTION: Right now, stop mining on deepbit and pick a new pool. on: June 09, 2011, 02:40:56 AM
What?  I always sell my stocks at 1% upswing and it's working out well so far.  Why do you think Mt. Gox is behind?  I send like 500 transaction per day.  I keep buying and then selling when it instantly goes up 1%.

I'm seeing all kinds of fluctuation!

Oh you play the noise. Nice. So you buy (and pay the .65% fee), wait until it goes up 1%, then sell (and pay the .65% fee). I knew you were bright, but this takes the cake.

... Oh damn.  There's a fee?  I'll have to sell at 165% from now on!

Well I was going to say something about capital gains, but then realized I probably shouldn't hijack the thread anymore than it already has been.... ;o)
125  Bitcoin / Pools / Re: Please test: New Experimental Pool "Eligius" (~130 GH/s) on: June 08, 2011, 12:46:42 AM
Why has my payout been withheld?

"Unpaid reward : 1.82903769 BTC
This is the reward you earned by contributing to the previous blocks. This amount will be paid to you when it reaches 1 BTC or after one week of inactivity, when the pool finds a block."
Sometimes, the miners earning less than 1 BTC reach their minimum payout at the same time, which can result in a total should-be-paid over the 50 BTC available. When that happens, the pool prioritizes people who have been waiting longer, and leaves the rest to catchup in the next block(s).

I see.  That at least explains the weird behavior I've seen.  I got the payment and a few others afterwards. Thanks for the reply


So I'm still a little confused. I haven't had a delay yet, but I would like to understand how the transactions work.

So say block 1xxxx1 is solved by eligius and 10 people are each owed .50 btc for a total of 5.00. Block transaction pays out 45 directly and 5 to a holding pool???

Block 1xxxx2 is solved by eligius and those 10 people are each owed 1.00 now. Wouldn't the pool total payout for that round be 55?

I don't get where the delay is introduced?




Anyone able to answer why there is a delay? Unless you are trying to avoid transaction fees and only pay out 50 btc per block, but that would result at some point in the vast majority being unpaid as the incremental < 1.00 miner balances keep accumulating, would it not?
126  Bitcoin / Mining / Re: Which mining pool is the best right now? on: June 07, 2011, 03:18:25 AM
I just started mining today (and no, I'm not buying any ridiculous GPUs until I know there's actually some hope of producing revenue with them. The reason I started doing this is that I'm short on money. Tongue) and I followed all the instructions to set up GPU/CPU miners. I am currently connected to slush's pool, as my best GPU, an Nvidia Geforce 8500 GT, can only produce 2.5 mhash per second, and from what I can gather from this forum that is a ridiculously awful performance. I am currently mining with that GPU and a second, horribly slow CPU on a different computer.
My question is: is there a mining pool that gives the individuals more Bitcoins than slush? Because, the last I checked, the Bitcoin -> USD rate is somewhat shy of several hundred dollars per Bitcoin, which is around what it would have to be to make this whole foray profitable, with the amounts that slush is giving me. It seems like a bad time to jump on the bandwagon right now - from what I can tell from one day of research the difficulty is skyrocketing.
Thanks,
flight39

You may want to double check the btc to dollar rates and your electric rates, unless you don't pay for electric ;o)
127  Bitcoin / Pools / Re: Please test: New Experimental Pool "Eligius" (~130 GH/s) on: June 07, 2011, 02:17:22 AM
Why has my payout been withheld?

"Unpaid reward : 1.82903769 BTC
This is the reward you earned by contributing to the previous blocks. This amount will be paid to you when it reaches 1 BTC or after one week of inactivity, when the pool finds a block."
Sometimes, the miners earning less than 1 BTC reach their minimum payout at the same time, which can result in a total should-be-paid over the 50 BTC available. When that happens, the pool prioritizes people who have been waiting longer, and leaves the rest to catchup in the next block(s).

I see.  That at least explains the weird behavior I've seen.  I got the payment and a few others afterwards. Thanks for the reply


So I'm still a little confused. I haven't had a delay yet, but I would like to understand how the transactions work.

So say block 1xxxx1 is solved by eligius and 10 people are each owed .50 btc for a total of 5.00. Block transaction pays out 45 directly and 5 to a holding pool???

Block 1xxxx2 is solved by eligius and those 10 people are each owed 1.00 now. Wouldn't the pool total payout for that round be 55?

I don't get where the delay is introduced?
128  Bitcoin / Pools / Re: Please test: New Experimental Pool "Eligius" (~130 GH/s) on: June 07, 2011, 01:02:22 AM
Artefact -- Any chance of putting the last refreshed time back on the bottom of the page? I only ask to lessen the bandwidth. It reminds me that I can wait 2 more minutes for an auto refresh rather than hitting f5 every minute ;o)
129  Bitcoin / Pools / Re: Please test: New Experimental Pool "Eligius" on: June 03, 2011, 11:35:52 AM
I can't speak to your situation, but I've received a share of every block found since I started and it's obvious I've received payment since it's right on the block transaction. I love this pool ;o)
130  Bitcoin / Mining / Re: Mining on 40 computers on: June 03, 2011, 02:49:48 AM
I work at a school that has 4000 computers. They are not on all the time. Not saying yours are not, but figure out what bare cpu * (hours of operation) is going to gain you and then figure in the % chance that you will be fired or dismissed from your studies/job and determine yourself whether it is a worthwhile risk or not ;o)

I have complete 100% admin access (I am the admin) but their measly 2-4 and a few 10-20 MH/s are most definitely not worth it... lmao though I wish they were...
131  Bitcoin / Pools / Re: Cooperative mining (640Ghash/s) on: June 03, 2011, 02:24:20 AM
I switched to slush's pool and then regretably back to my previous pool again. I did leave Slush as my backup but the reason I switched is I got  and still get constant "Problems communicating with bitcoin RPC". I don't have this with other pools and am using win7 guiminer.
132  Bitcoin / Pools / Re: Please test: New Experimental Pool "Eligius" on: June 02, 2011, 11:40:08 PM
I've had 220 or so going to eligius for a few days. 2 hr average hashrate hovers pretty close to 220, with dips and spikes of varying degrees.

What miner are you using?


Sorry just saw this. I'm using GUIMiner.
133  Bitcoin / Pools / Re: Please test: New Experimental Pool "Eligius" on: June 02, 2011, 02:21:14 AM
I've had 220 or so going to eligius for a few days. 2 hr average hashrate hovers pretty close to 220, with dips and spikes of varying degrees.
134  Bitcoin / Mining / Re: BTC Poolwatch on: May 29, 2011, 11:14:19 PM
So is this totally a teaser? No website or api calls available yet? It looks cool, but I'm bummed I can't use it...
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