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61  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 22, 2016, 05:56:32 PM
Thanks again to Organofcorti and Philipma1957, you are gentlemen among trolls  Grin

This discussion is so entertaining, counting T-minus 2 weeks until it starts up again with the same old FUD.
62  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 21, 2016, 11:05:42 PM
Did you have some worthwhile information to add, or are you simply back to take another shot at me?
Can't help but notice the whole "Slush is untrustworthy" tangent seems to have finally disappeared and instead you seem determined to make this about me, despite the fact I have only offered information from outside sources coupled with my own opinions.

Are you insinuating there is some controllable factor for a pool or miner to squeeze out >100% lifetime luck? I really hope not as this is *by my understanding* the whole reasoning behind the difficulty system (to ensure the odds of a block being found by entity A are the same as entity B, all other factors being equal).

No human generated system can be absolutely random, as pointed out earlier in the thread, bandwidth/latency, relative location of nodes, etc. all have an impact.
However, from the point of view of the network, those factors vary from miner to miner, pool to pool, and can change constantly.
I'm pretty confident Organofcorti would agree any gain from having a better connection (and claiming the 1/10,000 blocks [Just a number for illustrative purposes, don't get all worked up] that end up being submitted *just* faster than another) would be impossible to prove either way due to variance.

Pretty sure I had it right thanks, anyone who has actual information PLEASE correct me as you even quoted me on:

Quote
I'm just trying to educate while I continue to learn myself.
63  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 21, 2016, 09:20:17 PM

the fallacy in this logic is that we all started mining on this pool from beginning.. For me i started back in july of 2015.. @organofcorti can you please give me the stats of mining on slush pool from jluly of 2015 to january of 2016 please and thank you..

Best Regards
d57heinz


In this perfect example, this user has fallen victim to The Gambler's Fallacy https://en.wikipedia.org/wiki/Gambler's_fallacy and believes that past performance of a pool has some impact on future performance of a pool. This is false. The odds of Kano's luck remaining >100% are identical to the odds of Kano's luck being <100% in the future, the only factor that changes is time.

User announces: "This pool has >100% lifetime luck! Point your miners here"
Translation:        "I happened to pick this pool as a result of various factors and choices, and just so happened to stumble upon good luck!"

User announces: "This pool has <100% lifetime luck! Point your miners elsewhere!"
Translation:        "I mine on a different pool and personally want your hashpower there so we can find more blocks!"

Not trying to pick on anyone Roll Eyes I'm just trying to educate while I continue to learn myself.
64  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 21, 2016, 06:40:00 PM
Tried Kano.is for a day with 3 miners, only found 1 block in 24 hours. No idea what would cause that.

I'll keep an S5 on there just to see if the pool luck changes at all, other than that it's back to Slush.

Your original post seemed to get lost in the mayhem, thought I would try and help you out.

Slush will find more blocks per day (assuming 100% luck) but you will get a proportionally smaller share of each block.
Kano will find fewer blocks per day (assuming 100% luck) but you will get a proportionally larger share per block.
Small pools (Johnnybravo and the like) will find blocks on the timescale of weeks, you will get a proportionally larger share of these blocks.

On a long enough timeframe your earnings will be equal on any pool, with Kano's 1.1% lower fees you will make 1.1% more than Slush.
The choice is yours, ignore anyone telling you that one pool is better than another based on anything BUT fees, they don't know what they're talking about.

Cheers,

Erumara
65  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 21, 2016, 06:27:19 PM
Big thanks to Organofcorti for that information.

I am forced to point out, especially after Kano's basically personal attack on me (pretty solid evidence I'm on the right track), that you have still NOT provided the PROOF that Slush is responsible, or in any way to blame or to be held accountable for what amounts to an attack against his pool.

MAYBE Genesis controlled the hashpower we're talking about.
MAYBE this was an attack, MAYBE this was an accident.

Evidence submitted and accepted at large:

There was block withholding incident at Slushpool, no-one has argued this point.
There was a loss of income as a result of this block withholding, no-one has argued this point.

You are throwing out hypothetical numbers relating to what Slush and it's users lost as a result of this attack. Ever since, people claiming to be your users (Kano) have been using these hypothetical numbers to spread FUD and misinformation regarding Slush's culpability in these attacks.

Does that make you proud Kano? Now you're in here, promoting FUD and blaming the primary victim (Slush) for the loss of his own income!

I ask again, for the dozenth time, where is the proof Slush is to blame? Where is the logic in attacking a pool operator for the actions of an unknown individual? Why exactly, despite DOZENS of shill posts in this thread and elsewhere encouraging people to use Kano, should anyone choose Kano over Slush?

Lower fees.

It is accepted (based on the information provided) that no pool can detect or prevent a block withholding attack better than another.

A pool is a pool is a pool. Kano's ckpool continues to lose face as a result of the actions of both users and now admins in this thread. If I saw Slush promoting shills and posting in your (self-moderated, way to increase transparency!) pool thread, I would move my hashpower elsewhere as I refuse to support what amounts to shill tactics and FUD to the benefit of YOUR BUSINESS.

So where should you point your miners? As I've said before, IT MAKES NO F**KING DIFFERENCE and personally it's none of my concern.
When people come to these forums seeking information and advice, they should be met with that FACT, not rumor and testimony about how "Slush is really suspicious and didn't answer users asking for privileged information regarding other users"

See if you can guess where my hashpower is NOT going.
66  Bitcoin / Mining speculation / Re: AntMiner S9 rampant speculation thread, have to be quick though on: May 21, 2016, 04:57:25 PM
I also think they are not going to sell it very soon.
So maybe a presale on June 14th with it being delivered on July 14th .
I think holding back on it will be a reaction to both the. 1/2 ing and the ETH coin surge.

Indeed, right before halving there might be much lower demand for the S9, so better wait after halving when the uncentairnity settles - at least for me to ever consider buying it.

I dont think altcoin mining has any effect at all on the S9 though, especially the ETH is just hyped in my opinion and the future price and mining profitability is very uncertain.


Eth coin  is bigger then all other altcoins combined

https://coinmarketcap.com/


634 Currencies / 57 Assets / 2005 Markets

Market Cap: $8756437939 / 24h Vol: $90154394 / BTC Dominance: 78.9%

1   Bitcoin        $ 6,902,431,113   $ 443.38   15,567,825 BTC   $ 51,623,200   -0.11 %   
2   Ethereum    $ 1,073,601,720   $ 13.38   80,241,690 ETH   $ 30,601,200   -3.14 %



all other coins  from 3 to 643 are worth $ 780,405,106

All coins         = $ 8,756,437,939
    BTC           = $ 6,902,431,113
    ETH           = $ 1,073,601,720
 Rest of them = $    780,405,106


  So ETH is a solid number 2.

I can't make the mistake of thinking it will crash and burn.
I can't make the mistake of thinking it will not crash and burn.

So I am middling or straddling both at the moment.

This makes me hesitant to get an s-9 if it were available.  ( I know I would get 1 right now, but no more)


Sound advice, been looking forward to next-gen tech and I find myself in the same boat. Time to diversify and finish up my GPU rig before I go buying more than 1 or 2 s9's
67  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 21, 2016, 02:08:03 AM
...
Also, where does 250BTC come from? I assume you have the facts to back up this number.
...
Oh I missed this one Smiley
Heh, so you don't even know where that number comes from.
Wow, you really need to understand the statistics of pool mining before going off on a rant about "No Facts" Smiley


Quotes? References? Statistics? Nothing?
Truly said like someone who has nothing to back it up, been asking for the proof/data for a month now, still waiting..........
68  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 20, 2016, 10:18:54 PM
I'm not about to put a bounty on this information, but if anyone HAD such evidence and refused to share it, that would make them a far shittier person than any pool operator scamming their members.


Thanks for the FUD
69  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 20, 2016, 10:08:13 PM
genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners

slush hid this ... I wonder why

That would be you making that insinuation, not me.
And if it WAS Genesis and the mistake WAS in error, than this entire topic is still entirely pointless as it doesn't reflect on Slush in any way shape or form.
Also, where does 250BTC come from? I assume you have the facts to back up this number.

Quote
If C is true the whole argument is pointless, Slush is under no obligation to release user information to ANYONE without concrete proof that they INTEND TO cause harm to another pool.
I stand by that 100%, no DOX without PROOF, I would make it a very personal issue if I screwed myself and my fellow users out of BTC due to a setup error and had a pool operator publicly release ANY of my information.


Quote
... well over 10% is minor ... right ... ... ...

Where does this 10% come from? This is the third time I've seen 10% pop up and still the nothingth time anyone has backed it up with facts.
70  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 20, 2016, 07:33:32 PM
Wow, wall of text!

I appreciate you linking those organofcorti articles, I believe I had a look at those back when I was doing my research. Makes a lot more sense 5 months later!

So what I understand is this:

Earlier this year, Slushpool experienced a period of exceptionally bad luck. This was later found to be a product of block withholding. Intentional? Accidental? Did Slush for some reason collude with the miner (alleged to be Genesis Mining)? These questions sadly remain unanswered.

I am not against people throwing in their opinions, but I refuse to watch a thread fill up with FUD and misinformation simply because people (who largely were entirely unaffected by this incident) seem to take a personal issue with Slush not releasing information that may or may not exist. So let's make some scenarios.

A: Slush colluded with the miner and personally covered up any tracks that could lead to the miner for the purpose of HuhHuh
B: The miner intentionally withheld blocks as a form of attack against Slushpool and it's users while making themselves difficult to track.
C: The miner's software was improperly set-up, and this somehow resulted in valid blocks not being submitted.

If A is true, then we need a mob. A big one. Torches, pitchforks, biblethumping. The whole nine yards. As a user I will be front of the pack. The evidence submitted so far to prove A is true is included below:

[evidence]
[/evidence]


If B is true, and Slush holds irrefutable evidence this was the case, as well as this person's information, it should be released to the public to prevent further withholding attacks. Anyone who understands mining knows this is futile because their identity can be easily obfusticated and thusly there is NO POINT releasing this information outside of exactly what he did provide, which was informing people that it happened and making improvements to minimize future vulnerability.

[Most likely scenario]
If B is true and Slush does NOT hold irrefutable evidence, I stand by them 100% for not releasing information that amounts to FUD.
[/Most likely scenario]


If C is true the whole argument is pointless, Slush is under no obligation to release user information to ANYONE without concrete proof that they INTEND TO cause harm to another pool.
I stand by that 100%, no DOX without PROOF, I would make it a very personal issue if I screwed myself and my fellow users out of BTC due to a setup error and had a pool operator publicly release ANY of my information.

You say you've directly accused Genesis of being the bad actor, and doing so purposefully, without any evidence?
There's a way to describe that.

It's called LIBEL and DEFAMATION, a situation Slush clearly steered well away from no matter what the facts. Good move.


Regards,

Erumara
71  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 20, 2016, 03:02:21 PM

lulz the pool luck was well beyond bad in December ... for over 220 blocks ... way obvious that something was wrong back then
https://bitcointalk.org/index.php?topic=77000.msg13482822#msg13482822

As for 'owing' ... well the company that caused it is known, but he hid that detail and no one here I bet even knew it before I posted that.

But ... he let them off scot-free to keep the other miner's BTC and hid their name ... or he didn't let them off scot-free and kept the BTC that was returned.
Which one? No idea. Doesn't matter which, both are inappropriate ...

I'm just trying to make sure I understand exactly what you are trying to say, so despite the fact that Genesis Mining (I'll take your word for it, yet again still waiting for the evidence) was ACTUALLY providing hashpower and expending electricity, and that hashpower was not producing blocks either due to a bad actor intentionally withholding blocks or ?improper setup? of their software.

In this scenario:

Genesis lost revenue (Not as much as they should have)
Slush lost revenue (Can't take 2% of blocks that aren't found)
Slush's miners lost revenue (On a user to user basis it is a minor amount of BTC, but not nothing)

Where exactly is this BTC that should be redistributed? Lacking irrefutable evidence that the entity in question was withholding on purpose, I would never expect a pool operator to go reassigning funds.
Intentional or accidental the only thing you can POSSIBLY divine from this is that pool mining still has room for improvement, and improvements have been made.

End Of Story.

As a pool operator you should fully realize that FUD and rumors are the most powerful tools in the community, I have yet to see any evidence come from anybody painting Slush as a bad actor. I've lost track of how many times I have left an open invitation for these facts to be set forth and I am constantly met with more FUD, and more conspiracy theories.

Frankly between users claiming to use Kano and you yourself perpetrating what, by all appearances, is a smear campaign against your competitor, you have only cemented my decision NOT to use Kano. While I would not hold a pool accountable to it's users actions, your presence here with no more verifiable information than the rest of them has shaken the respect I had for what I thought was a stand-up operation.
72  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 20, 2016, 03:36:24 AM
genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners

slush hid this ... I wonder why


Little odd to see you in here spreading FUD, thought a little better of you frankly. Slush *to my knowledge* was perfectly up front when the block-withholding was confirmed. Insinuating he somehow "owes" the miners due to a bad actor withholding blocks is a bit of a strange way of looking at it.
Utmost of respect to the work you do, but I have left the arena WIDE open for someone to provide the evidence behind these accusations and there is yet to be someone willing or able to provide it.



Thanks Kano for always providing transparency.

Best Regards
d57heinz


Please send me the links to this "transparency", all I can see on Kano's site is the same as has always been there, the most basic of information you could possibly provide. At least I can count on you to reliably show up and spread nonsense regularly, brightens my day to see you back in here, with the same lack of any useful knowledge or information.


If someone takes the time to do the math on all that information they freely share, they might see where the problem lies. Like an almost exactly 10% less payout that expected over the life of the pool...


So I take it you're simply too busy to "do the math"? Or are you simply too "elite" to share your results with the peasants?
Are you really insinuating Slush is taking 10% off the top? This statement could hardly make less sense. You're talking about the theft of ~18BTC/day without a trace, that's a massive accusation to be coming from a Jr. Member who didn't bother including anything to back up such a damaging claim.

I have done the math, every one of my payouts has been on time and 100% accounted for, block for block. Still waiting for someone to show evidence to the contrary.
73  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 19, 2016, 08:36:46 PM
Hate-bait successful!

Please refer to Pros #1: Reference https://slushpool.com/stats/hashrate_proof/

Please also refer to Cons #2:

Transparency my ass, communication zero! Dont lie to him please

More hate, based on no facts, with no references and no evidence. I still fail to understand it.

What pool anyone chooses is precisely none of your concern, anyone with EVIDENCE insisting that Slushpool is not entirely legit is still HIGHLY ENCOURAGED to come forth with it.

I'm not about to put a bounty on this information, but if anyone HAD such evidence and refused to share it, that would make them a far shittier person than any pool operator scamming their members.
74  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: May 19, 2016, 04:52:34 PM
Are there any compelling reasons that make miners stay on this pool?

Pros:

1. Transparency that goes far above and beyond any other pool that I am aware of.
2. Really nicely done GUI, tools, and statistics.
3. Democratic hashpower voting for user-submitted proposals. (Never heard of another pool doing this)
4. Years of experience and uptime coupled with a continually evolving system.
5. Backed by large amount of hashpower including some mines over 1PH.
6. Can use Google 2FA for wallet address changes (As well as perm-locking an address to an account) really nice security features.

Cons:

1. Slightly higher PPS fees.
2. Seems to attract a lot of hate, haven't figured that one out yet.


Feel free to look back over the debate spanning basically the entire life of this post, but better question:

Do you have any compelling reason why not to use this pool?
75  Bitcoin / Mining speculation / Re: Diff thread May 11 to May 24? picks are open!!.... prize = 0.40 btc on: May 17, 2016, 05:01:44 PM
+2.2 = Erumara
76  Other / Meta / Re: Stake your Bitcoin address here on: May 17, 2016, 04:51:04 AM
This is my first address
1LoVeFaWNExnYsgir5QHtV6oFwe622bpjJ

please Quote it
Thanks


Definitely past due, quote me please! Verify if someone has time  Grin


-----BEGIN BITCOIN SIGNED MESSAGE-----
Erumara @ Bitcointalk.org 05/16/2016
Staking address because it's about time
-----BEGIN SIGNATURE-----
13W9FxUiCGpenhStxygzsWDbpTAnnwaQqr
IMvV3nZStbvQqZR057aQvCU9Y6BDPuLL9MBQat4sKJmOLfAMb+nlR4V5VSdrt2JOixJkewgzDOP3rE6RbNmo9G4=
-----END BITCOIN SIGNED MESSAGE-----
77  Bitcoin / Mining speculation / Re: AntMiner S9 rampant speculation thread, have to be quick though on: May 11, 2016, 10:01:23 PM
Gonna guess 6.31TH @ 1380W, hopefully in the 5BTC price range!




When do you think it will show up? I think there are two opinions here:

1) before halving - to take advantage of fools who look only at the current profitability
2) after halving - for Bitmain to mine for themselves at the current profitability


I think you're absolutely correct on both opinions. Why would they do one or the other?
78  Economy / Service Discussion / Re: Cheap electricity for mining Bitcoin on: May 11, 2016, 09:01:02 PM
$0.024USD/kWh at present.

That's really quite good.  Someone in Alberta should setup a mining coop, for independent miners.

Still on the hunt for the remaining startup capital (got a few interested parties but only my business partner so far) We've already found a suitable industrial space that is looking promising. I will be updating in the next few months because come hell or high water that is precisely what I'm hoping to do Cheesy
79  Bitcoin / Mining speculation / Re: Spondoolies done? on: May 11, 2016, 03:42:50 PM
What a crap article, so much typos. Anyways, i guess this just prove competing with China's cheap labor, parts and manufacture is a hard thing to do.

power costs killed them more then anything else
 they never could self mine to off set costs

It was also the machines to though.  Compare the SP20 and S5 that went head to head.  SP20 was metal all the way around they really did not keep material cost down.  Then look at S5 they managed to use 2 slabs of plastic and keep cost's down.

So there really was a big difference on materials.  Bitmain just out designed them on a miner to sell to masses.  And SP claimed they lost money trying to compete on price with S5 (we cannot be sure if true).

But I do agree on power to if they would have self mined at less power costs... they might have been able to stay around much longer. 

"Bitmain just out designed them"Huh Really???

You mean, Bitmain beat them by cutting corners and lowering the price. Design-wise Spondoolies SP20 was miles ahead of Bitmain S5. SP20 is an elegant piece of hardware, S5 is a junk in comparison. Bitmain just does NOT know how to DESIGN anything, they know how to CUT CORNERS for more PROFIT. Bitmain Sux.

I'm just so appalled by these pro-Bitmain people on the forum, do they get paid by Bitmain? If not, they must be smoking something.

Did I tell you how crappy Bitmain S5/S7 miners are? They sux.


To say that Bitmain's miners are subpar is fair, you can't for a second deny the fact that building things cheap and en masse is China in a nutshell. You've failed to consider the fact that in terms of price/reliability/efficiency they are fantastic (not perfect). You're arguing that "Spondoolie makes far superior miners" yet here they are, out of business, almost certainly due to refusing to "cut corners" as you put it.

Guess what, when your competition comes out with a cheaper, mass produced product and drives you out of business; THAT IS THE DEFINITION OF CAPITALISM! Just look at the f**king Iphone! A cheap, poorly made imitation product mass produced by nearly slave labor that holds a huge chunk of the market FOR THOSE PRECISE REASONS!

I have two family members who scoff anytime Bitcoin is mentioned because "China owns 70% of Bitcoin".

THIS FACT MAKES PERFECT SENSE!

China has 1bn people and some of the most restrictive currency controls. Of course they're adopting Bitcoin. They have one of if not the best mass-production capability for consumer products especially electronics. Of course they're mass-manufacturing miners.
Don't hate China for doing what they do best, don't even hate the USA or EU for NOT being the manufacturers, your livable wages and quality of life are the price you pay for your country not being able to compete with them. Whether that's good or bad is a pointless debate.

In any case I'm agreeing with notlist3d, you have made accusations regarding s7's causing house fires which is absolute nonsense. I have (through months of research preparing for my mining rig) come across ZERO incidents regarding a miner fire. I have found a couple incidents regarding electrical fires where miners happened to be the devices pulling the power when the electrical failed, most likely due to poor design or cutting corners. If you have a REAL incident regarding a MINER and NOT THE ELECTRICAL SERVICE causing a fire I would love to review that information. Not that it makes much of a difference because I built a fire-resistant enclosure for my mine because it made all the sense to do so.


tl;dr talks_cheep continues to be a hater with nothing to back it up Tongue
80  Bitcoin / Mining speculation / Re: Diff thread Apr 28 to May 12? picks are open!!.... prize = 0.30 btc on: May 02, 2016, 12:43:47 PM
Gonna go for -0.5 this time
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