Assuming my hash rate doesn't change, if I'm seeing higher than 100% PPS only 10% of the time and the rest of the time its around 50-60%, wouldn't I still be making more by just doing straight PPS?

i.e. in order for me to break even, I need block per shift to be at least 9, there are occasional strings of shifts that run 9+ for 10 or so shifts, but this maybe happens once a week. The majority of the time the block per shift is between 4-8 (outside of green). Again, assuming my hash rate doesn't change and I'm submitting the same number of shares, aren't I still making more BTC by doing PPS instead?

I know that all PPLNS is pretty much just luck, but if difficulty is constantly increasing, won't this luck just continue to get worse and worse as more ASICs are added to the fold?

So Jeff, out of curiosity, just how many BTC have you collected so far since having this beast?

Hey Rex,

I know you're probably busy, but what is the ETA on the redesign?

Hey Portnoy

In the past week or so I've won two 0.3 BTC prizes from the bunny run, but I haven't seen the winnings from them yet, do you know when they process their transactions?

That was rather cryptic, anything you'd like to share lol?

I hope you don't mind too much, going to take my measly 450 MHash/s somewhere else for now. I hope I was able to at least help you work out some of the kinks, good luck to the pool = )

Would it be possible to change the payout threshold to 0.1 or 0.01?

I know it doesn't really matter that much currently, but it's easier for people like me that don't generate nearly as much BTC as others. Who doesn't like consistent payouts?

That makes sense. The concept of "you find a winning hash or you don't" is one that is sometimes hard to wrap my head around.

So basically if we want this pool to succeed we're going to need more people, because while it won't make it 100% that we will find a winning hash faster, we would at least have a higher probability of hitting one faster.

Hey Guys,

I'm helping Hashrack.com get started with mining.

Currently, they've been running for nearly 6 days, have 517k shares and a current hash rate of 17.9/18 GHash/s.

Based on the above figures, when can we expect to see our first solve?

Various calculators put the solve around 7-9 days, but the pool hasn't been running at a consistent 18 GHash/s for those 6 days it's been running.

If we stay at our current rate or higher, my thinking was we might see our first solve like a week from now? Or is it going to be much longer since we're moving from block to block to block? (since they get solved before we can get much progress on them)

Seriously. They will have such an advantage with coin gain anyway, so for them to actually band together and take things over pirate style... But really asics will just make it better for everyone, especially if they just join pools, then everybody wins. Might not get as many shares but the blocks would be flying by so fast it wouldn't matter.

Thank you for being so quick about providing assistance!

After deciding to do the research and setting it up, I was able to configure cgminer for the stratum and it was being reported on the site just fine. I will at least stick around until the first block solve, even if it might be a while.

02/02/2013     18622     N     1     0     0    0     -     dresdenreader

1 jalapeno, ordered pretty late. (I'll be lucky if I see it in May probably.)

Awesome! Glad to hear that.

What are your thoughts on instant share credit?

Out of curiosity, which pool to do you use?

Well, to give you a basic idea, I pre-ordered a Jalapeno yesterday (Feb 2nd) and I'm order #18622.

At least initially, the people that have asics right now before anyone else does are going to be making mad BTC.

Other than that, when it's confirmed that the 1st and 2nd batches of avalon are out, along with the first order of BFL, the difficulty is going to rise pretty fast.

Ultimately I believe it will just make bitcoins more valuable as time goes on, and in fact it will make the entry point a little bit easier for people. A good example of this would be the BFL jalapeno. If it can actually put out 4.5 GHash/s, the payment of $163 versus the amount of money it would take to make a GPU rig pulling the same hash rating is insane. At the bare minimum you're looking at a price difference of at least $1500.

As a whole though, I think it will just make GPU mining more obsolete, just like GPU mining made CPU mining obsolete.

I think it's good for the system as a whole personally.

Payment received! Thanks!

Code: af1f3d1f5e9aacede7c0be73af4e3f72

BTC: 16ocxdB6V3Ve4AdxgU2fJgXTJAPJ7yY5GJ


Neat question : )

Because it takes us newbs a bit of mining here and there to finally figure out what the good pools are. I know when I started I was like, holy shit, there are so many to choose from, where do I go?!

Give him time, he will eventually find a decent pool that he likes with a decent payoff.

I personally would say that two very noob friendly pools are 50BTC and MtRed. 50BTC still has a pretty decent PPS compared to most other pools, and the instant share credit is something a newb would like because it would be instant gratification.

You can always try running RPC miner.

https://bitcointalk.org/?topic=2444.0

You'll want to create a batch file with the following info:

rpcminer-cuda -url=http://pit.deepbit.net:8332 -user=USERNAME -password=RPC_PASSWORD -workrefreshms=60000 -gpu=0 -gpu=1

That should run both GPU's at the same time (I think), alternatively you could them up as separate workers (probably the best idea).

rpcminer-cuda -url=http://pit.deepbit.net:8332 -user=USERNAME -password=RPC_PASSWORD -workrefreshms=60000 -gpu=0

rpcminer-cuda -url=http://pit.deepbit.net:8332 -user=USERNAME -password=RPC_PASSWORD -workrefreshms=60000 -gpu=1



But if you want to continue using GUI miner, you would point at rpcminer-cuda and use the following flags: -workrefreshms=60000 -gpu=0,

Then you would make a new miner and use these flags: -workrefreshms=60000 -gpu=1