just catching up on the thread, i got paid the other day for current difficulty payments, but also have a balance from the old ones pending. I checked and registration is closed today to the pool for new miners. But this popped up on my alerts, I'm not sure if it's been posted already - https://bitcointalk.org/index.php?topic=104664.msg10877674#msg10877674I am not sure why my pending at the old difficulty got paid but my newer ones have not been paid yet? I am at 90+ hours? Is there a min amount now for a payout to happen? There's got to be a threshold, otherwise the pool would be pushing dust and the payouts would likely never confirm. I can't find any such threshold listed, however. What happens if I were to submit a single share to the pool? A single share has a value of 0.00000000053513 BTC. BTC cannot be distributed in that amount as you can only have 8 decimal places. How about if I submit 100 shares? Would the pool attempt to send me 5 satoshi? |
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Phil you may not get paid for a while...
Our combined oustanding balance in queue to be paid is 172.10877041 Bitcoin.
There are 2 mined blocks waiting to mature, totalling 50 Bitcoin
And that's precisely the point. A true PPS pool pays out for your submitted shares at the point in time where you request a payout, assuming of course your payout is above the pool's minimum threshold. What BAN is doing is paying a backlog. Using funds from mined blocks to payout some users some amount of owed shares is not PPS. Phil - I can only assume you were able to rent that 100TH/s at a cost less than what you'd expect to earn, otherwise why would you ever point it to a PPS pool? If you were indeed able to find that kind of deal, congrats  |
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Holy moly - 3.5PH  Far too much hash, diff through the roof - sorry guys, I'm off. I'll pop back when it's dropped again  I'd like to see us around 4PH/s, 1% of network... Keep variance tolerable. Well, it was ~4PH for most of November last year & it didn't help then. Nothing has changed since then apart from the higher diff, so I can't see 4PH making any difference now either. Same old story I guess......  I'm trying to understand what is wrong with the code. What problems occur when the Hash rises. Would the pool not be doing ok at 3-4 PH/s? Wouldn't it not average a block per day, at that rate? And if so, would smaller miners be disadvantaged? What needs to change in the code? To put it simply, the larger the hash rate of the pool, the more difficult it becomes to find a share and get it on the chain for payout. It's precisely the opposite problem of your more traditional pool. The higher the difficulty, the more variance experienced by the smaller miner, which discourages smaller miners from mining here. |
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Wow... kano ripped s0br a new one there. Let's see how what s0br states translates: I spend $20,000 a month buying btc to offset the variance not to mention around 200+ BTC I've had to cover from hacks and thefts from the earlier days... Even with our registrations being closed our speed is increasing... which doesn't make things easier for me.
At $250 a coin, that's 80BTC he's personally buying a month to offset variance. BAN is hashing at about 4.5PH/s. Assuming that number has been constant for the past 4 weeks, and with the difficulty pretty much flat over that time (average was 46943160304), BAN should have found 53 blocks give or take. According to the pool's stats, BAN found 51. So, BAN is 2 blocks shy, meaning s0br's on the hook for 50 BTC. But wait... he's not really on the hook, is he? After all, he goes on further to state: Yes.. now with the current delayed payments people do take a risk.. but they can mine a little.. test things.. mine somewhere else and wait. The idea here is to offer people another alternative...
What is this delayed payment stuff? There is no such thing in PPS. You do not wait on block confirmations to make payments. Why is the miner suddenly taking the risk? The whole premise of PPS is that the POOL takes on the risk. As both kano and organofcorti rightly state, this is not PPS. kano calls it BFPPS. organofcorti calls it PPB. Whatever you want to call it, the fact remains that it's not PPS. |
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Yeah... that deleted thread was quite the hot topic around here for a while... man people were so freaking butthurt over that S3 giveaway. All kinds of claims about fake photos, fake winners, fake shipping labels... it was like watching a train wreck... people were just hammering each other. Of course, you had the crazy antics of fire000 mixed in there - that guy's rantings were pretty classic. Completely unintelligible ravings full of venom and spewing nonsense to anybody and everybody. Anyway, since this thread is supposed to offer zero proof (says so right in the thread title), we should probably cease our efforts at actually digging up such things Hummm... I guess my post up a couple may be off topic then? I do hope fire000 still does not have that attorney working the case or that will be one large bill!!  HAHAHA!!! I forgot about that attorney he claimed to have working for him. Oh man, maybe THAT's where the BTC from BAN are actually going... paying attorney's fees! See - that's the kind of zero proof stuff we need in here... totally baseless and right on topic |
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Yeah... that deleted thread was quite the hot topic around here for a while... man people were so freaking butthurt over that S3 giveaway. All kinds of claims about fake photos, fake winners, fake shipping labels... it was like watching a train wreck... people were just hammering each other. Of course, you had the crazy antics of fire000 mixed in there - that guy's rantings were pretty classic. Completely unintelligible ravings full of venom and spewing nonsense to anybody and everybody. Anyway, since this thread is supposed to offer zero proof (says so right in the thread title), we should probably cease our efforts at actually digging up such things |
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There was also another thread that was deleted I believe... and there's also .....Really?'s scam thread. You know... for research purposes |
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Ahhhhhh.... this ought to be fun. I might just pull up a chair, grab some popcorn and watch |
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Every time I've rented gear (i.e. been the miner in your scenario) I've wondered if the mining software on the hardware I'm renting has been altered or modified in some way to withhold blocks. I was especially skeptical when renting hundreds of TH. My confidence level goes up as the amount of gear I'm renting goes down. In other words, I find it highly unlikely that the guy with a few SP20s up for rent has done anything nefarious to his gear. However, the guy who's pushing 500TH/s... well... maybe he's not so nice and uses his gear for block withholding attacks, since that kind of power could indeed impact a pool.
I'm also on the other side - I have 6 S3s up on MRR. I know they are not modified in any way to do a block withholding attack. Each of them runs the same firmware with ck.'s S3 cgminer binary. I actually use MRR as a cheap way to remotely switch pools when I travel for work. Yes, I suppose I could setup a VPN server at home and have full remote management, but pointing the miners to MRR gives me the ability to switch between 5 different pools at the click of a button on a web page.
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I love the energy efficiency comparison he does between manual mining and hardware... Donut powered mining!  |
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It seems we may very well be close to that point seeing miners have to wait until future blocks are found and confirmed so the older ones can be paid.
It's inevitable. Always has been. |
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Bitcoin network touched 400 PH/s yesterday.
Yeah, that was just me testing out my new prototype miners...  |
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i been mining with this pool since august..
it is the only pool ive found that consistently pays more then the btc calculator says i should get with my hash rate..
waiting a couple days for the coins to come through doesnt bother me..
Same here but if the payout system has changed then miners need to know. Having the wrong information posted here and on the pools home page is not right. As the payouts get later and later it makes you wonder, as my last partial payment went 64+ hours. The last time I was on IRC chat it was stated that the payments would be fixed as he would be able to buy enough coins to get everything currant and this would not be a problem going forward. I believe that date was back in December or January as it all had to do with limits on buying thru CoinBase I believe. I have not been back to the chat since. I know miners have left the pool due to the payments and there will be a point where you could see a mass exit. The pool either needs to think about a fee, minimum payout or something other than the way it is now. You also need to consider the halfing of blocks next year and just how many blocks are in queue when that happens. When s0br first started he stated this pool was to be used to promote another business and I always felt I could understand then if the pool was structured not to make money as a stand alone pool. You've stated in your post (the part I bolded) precisely why this pool cannot survive. I've been saying it since the start. Others have also been stating the same. Fee-free PPS is a non-sustainable pool model. It will require the operator to continually dump coins into the wallet so that payouts can be made. It's why every other PPS pool charges fees. Look, s0br may be the nicest guy on the planet, but you are relying upon his good naturedness to continue receiving your payouts. The instant s0br decides he's spent enough of his own coin, bye bye pool, and bye bye payments. |
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Woohoo! Break out the tin foil hats, it's time for the conspiracy! |
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At the moment, S5 is the way to go!
Please remember the traditional pricing, when S1 into S2, S3 into S4, now S5 into more S5 in June 9th. Also, something new may be worked on but not even produced. (Important thing is MINE NOW not count on FUTURE hardware as many number variations will change from Today's expectations)
Well, it would certainly appear that the S5 is at EoL since on your website it clearly states that B5/6 is the final production run of the S5. Is Bitmain just going to stop selling miners? I doubt it, so that means you've got to have something in the works for production and sale in Q3. |
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You cannot manually submit a block and hope it will be accepted. Your miners in conjunction with the cgminer software are working to solve that block.
By the way, when you are pasting a large block of text please use the "code" tags.
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nonnakip and TheAnalogKid, that's great news! Not losing your share count when moving from the US to EU and back is a big win. EDIT: Just some info about the US node hosted by TheAnalogKid... ping: --- us-east01.nastyfans.org ping statistics ---
17 packets transmitted, 17 packets received, 0.0% packet loss
round-trip min/avg/max/stddev = 21.145/24.460/37.589/4.421 ms
EU ping: --- nastyfans.org ping statistics ---
17 packets transmitted, 17 packets received, 0.0% packet loss
round-trip min/avg/max/stddev = 109.459/112.000/127.308/3.961 ms
I'm going to move my miners to be primary at the US node and backup on the EU and continue the tests. By the way, are the graphs/stats still hosted on the main site (nastyfans.org) or would miners pointed to the US node look there to see graphs and stats?Never mind, I see that the stats show up separately on the nastyfans.org site. |
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S1 (x2) - bought in early March last year. Mined with them up until I sold them. Profit. SP10 (x1) - bought as part of May group buy last year. Mined until July then sold it. Combination of mining and resale made the profit. S2 (x1) - bought in May last year, mined until July and sold it at the same price I paid for it. Pure profit. S3 (x9) - bought them in the early batches (1,2,3). Still mining away and have long since paid for themselves. U2 (x5) - bought in February of last year. Still plugged in, but they solo mine. Probably never going to make back what I spent |
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Another week has passed. P2Pool had just over 100% luck for the seven days, and you can see the NastyPoP payout was very close to the 101.66% of expectations. The S3 running on the standard node did a bit better, as it had a nice lucky streak right before the block was found yesterday.
In other news, TheAnalogKid has opened up a US node for OgNasty that runs both the standard NastyP2P as well as the NastyPoP payouts. It'll be interesting to see how, if at all, the data is shared between the US and EU nodes for the NastyPoP payouts. Does it transfer, or would it be ramping up just like starting over on any other PPLNS pool?
3/13 - 3/20
NastyPoP - 0.03402797BTC
NastyP2P - 0.05156673BTC
Expected - 0.0327BTC
Luck - 101.66%
OP is updated.
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