Ok, so what will help make transaction confirmation faster?
-Thanks.
It is 10 mins between blocks. If you include a fee with your trasaction you increase the chances of getting included in the next block. Just because block generation is 10 mins does not mean you will have to wait 10 mins. You could send out your transaction 1 minute before block gen and if you include a fee it could be in the next block. also, the 10 minutes per block is the target. Due to the constant increase in hashing power, block generation is usually less than 10 minutes.
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I feel that without being pushed you would not have "outed" this freerider, you kept claiming luck, until a number of people really pushed it. I also feel that this "freerider" has cost me over $50,000 while I was being short changed for the blocks I was solving on your pool. We have the right to know who this person it and what is wrong with his machines so that we can protect ourselves from them.
EDIT: Personally, I find it VERY interesting that you turn PPS off two weeks into this "bad luck" run and thus protecting yourself (financially) against any prolonged run of bad luck, but you had to be pushed to do anything to protect us miners that were being ripped off by this "bad luck" FREERIDER.
Actually, although you may feel that you have a right to know who, you don't and naming him could open Eleuthria to libel charges. The only right you have is to choose to use, or not use, this pool. All this person did, in reality, was distort the Luck figures and receive some compensation that in hindsight might not have been deserved. but playing a loop hole, if it was intentional, is not illegal. Most likely this person wasn't aware of the problem. What if it turns out that USB Block Erupters are the problem? do you think people running them will stop? individually, they are undetectable, too small. but, there are enough people running them to have an impact. Think, how many of them there are in the world. All we can do is sit back and let the pool operaters do their thing and hopefully they will give us some insight as to what hardware is the problem and how to fix it.
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We should all remember, when pool luck is down we all lose. Eleuthria loses too. If there was anything he could think of to fix this he would do it. He is probably pulling his hair out like the rest of us. he is also very good at his job and most likely understands this stuff better than we do.
This is not to say that people shouldn't keep coming up with ideas. Personally, i liked the underperforming hardware idea. a lot of the miners have controllers on their boards that may have a problem with numbers that are too large. There is always the possibility that one of us may come up with something that no one else thought of. Brainstorming is good.
But just yelling that the system is broke and to fix it will not accomplish anything. Even if we did determine that some evil organization is interfering or cheating in some way, it is quite likely that nothing could be done about it.
I understand the randomness of Luck and that it is what it is, but i too "feel" that there has to be something causing this but, untill someone can prove their theory we just have to accept things the way they are. nobody complained when btcguild luck was over 100% for months on end. now it has swung the other way. At least until someone can prove otherwise.
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actually, our luck is being pretty consistent. BTCguild's is about the same as ours.
size doesn't matter.
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I think Bitcoin needs an open source/free Vendor's program that is easy for Brick & Mortar stores to use. It may exist already, but i haven't found it and i've been looking so how would others find it. I saw a video of somone making a sale using those square data transfer things(not sure what they are called). I'd guess you'd also need to be able to email an address to someone as well for those with laptops. Many store transactions are small enough that just seeing them in the transaction que is good enough. If some one rips you off for $30 or less, ya just don't sell to them again.
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I wonder why Slush felt the need to bring the hashrate out to 8 decimal places. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Came across this site was wanting to solo mine my s1 there if I can can ever get it running(long story)they claim to give the founder of a block the full 25 minus transaction fees for pool as well they are merged mining namecoin and keeping any name coin found for keeping pool up and running
If you are talking about the solo pool set up by Ozcoin, They are legit. He's not, he's talking about this: http://bitsolo.net/Oh, i thought he meant solopool.net. This is why people need to be clear about what they are asking. We can't read minds.
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Came across this site was wanting to solo mine my s1 there if I can can ever get it running(long story)they claim to give the founder of a block the full 25 minus transaction fees for pool as well they are merged mining namecoin and keeping any name coin found for keeping pool up and running
If you are talking about the solo pool set up by Ozcoin, They are legit.
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When I get btc from a faucet, do I pay the transaction fee? Or does the faucet pay it?
The faucet pays it. They group a bunch of small transactions together and pay one fee for the over all transaction. Where you get killed is that using all those small transactions in your wallet will cost you more than the Bitcoin Dust is worth.
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The number of stupid/redundant posts will grow expoentially. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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gonna try btc guild call me greedy, I want to see btc dust sprinkling often, the monthly here indicates more than luck is in play.
Good luck with that.
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If that is sitting on the carpet, i'd put something between that carpet and the miner. even card board would be ok. anything to insulate it from the carpet. Potential for static discharge is great.
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Why should they comment on schedule?
Because we have paid for the kit and been promised a delivery date twice....? I presume it is coming but What if it's not till June or July or x If they promise a delivery date twice and they dont or cant deliver should we at least be told with fair warning ?and then compensated for our trust and patience? So, you want them to give you another date that they can miss? I'll tell you what, expect delivery about 4 weeks from today +- 1 week. That is about as real as you are going to get and since i said it, not them, there is no one to get mad at or complain about.
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Why should they comment on schedule? At this point it would be their guess versus your guess. They posted their progress and what they are expecting near term. It will be delivered when it is done, regardless of what they predict. All commenting on delivery date does is piss people off if they are wrong and feed the fire storm. It is obviously happening(if their posts are true) and i would guess that they are doing everything that they can to get it done as quick as they can. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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...With a total of 28 shares for an unconfirmed total of 0.00000065 BTC. I'm averaging between 12.915 to 10.500 Mhash/s.
Does this seem correct? Less than 1 penny for all the resources I've loaned?
Don't take this as a criticism, but "all the resources [you've] loaned", even at the high estimate of 12.9Mh/s, comes out to less than 1/10,000 of a percent of the total shares input to the current pool hashrate, which is currently clocking over 1.3 Terrahashes/sec. And the last 24 hours has been a GOOD pool day, that's about twice the payout (since we've found twice as many blocks) that you would normally expect to see in a statistically average day. As OrganOfCorti said, if you're mining on GPU or CPU, the current difficulty and mining rate of the global BTC pool is so much larger than your capacity to mine on that hardware that it's not efficient. Then you wont take this as a criticism when I say, nowhere on your website does it say, "reg CPU users will need to run their computer for a total of FIVE YEARS to generate 1 bitcoin". I'm confident you DEPEND on the thousands and thousands of us "workers" who are under educated and dumb enough to run our computers for 24 hours to yield the lack of result while you keep everything we generate and have no choice to abandon because you won't payout less than 1 bitcoin. Now I understand why information is pretty scarce. It's clearly a deliberate intent to defraud. It has pretty much been known in these forums for a long time that CPU /GPU mining was a losing proposition. You just can't make a significant impact. The Pool operater provides a service. The onus is not on them to educate potential users. Sadly, what is a lot to some people isn't much to others. Lots of people get, what they consider to be, big mega computers and think that is all they need to mine bitcoin because there is still some old software around that will let them. They are qute disappointed when the learn that it really requires specialized hardware to mine and not big computers. Then they look at the hardware available and ask if the cheapest hardware is worth it. They don't like hearing "no, not anymore". Basically, today there are two types of miners. Those with the financial resources to constantly persue the bigest and best new hardware. And the rest, who are pretty much hobbyist, mining because it is fun for them and a learning experience. I feel bad for you because you didn't know what you were getting into. Also, the pool operator does not read this forum. We all here are just fellow miners.
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luke-jr already made a similar proposal using getblocktemplate, where miners decide which transactions are to be included. Mining Pools are not bad and do not need to be prevented. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FcKeVu3a.png&t=663&c=Jh2nEselXal_Og) Not bait at all. Pools were created to solve a problem. The problem being that if everyone solo-mined very many would get no reward for their efforts. Sure, kill the pools, and then watch the number of miners dwindle as well because the big miners would be the only ones finding any coins regularly. Saying that pools have 51% attack potential is one thing. Saying that the potential goes away with the death of pools is quite another. I mean really imagine a world where your 2Th/s machine only gets income maybe once a year(no i didn't do the math). How many would stay with it? If people were really concerned about the pools being bad, they would stop using them.
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Mining Pools are not bad and do not need to be prevented. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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6. To make real money, go big or don't go at all. Unless you are hobby mining start with at least 1-2 TH/s or have as your goal to build toward this as fast as you can. Go up from there. This is just incorrect. You are restricted by the technology available to you. No matter how many miners you buy, it'll need the same time to break even. yeah, I don't know where these people think economies of scale are coming from.
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I love how people undermine their seemingly logical arguements by using terms like ROI incorrectly. they clearly don't know what the term means. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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I suspect that there is something fundementally flawed in the activity calculation since new people can rise rapidly to hero status and people who have been here almost a year are stuck with Sr. status. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) There's something fundamentally flawed in your understanding of it. You can only get a max activity of 14 per two week period, so newer members will only rise faster if they've posted in all those those periods and you haven't. so then, no account newer than 68 weeks should have 5 coins? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) EDIT: looking at the membersip list i see where i was confused. now my question is, "Where have all the Heroes gone?" https://bitcointalk.org/index.php?action=mlist;sort=ID_GROUP;desc;start=60Less seem to be posting here because the noise has gone up so much. no, i meant that i could not find them in that list where i expected them to be. They appear when the list is sorted by other parameters.
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