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Holy shit. Seriously, what the fuck is this thread?
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HOLY SHIT. I support you BFL, but this is bad news for us BFL supporters.
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y sor buddy i get this is interesting but i no trust you
bests regards mate
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OP is pissed because he bought a GPU farm few months ago. Sorry, it's part of the game.
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http://youtu.be/ub0Th1ewlws?t=58mBullshit. My ears are bleeding. Yes, thank you God, you are so great.  This has been written in the early 1900s and published in 1910. Just a reminder.
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my extremely elaborate estimate puts it at 20.344x and it was quite conservative so your 33x is probably about right.
Yes, somewhere between 20x and 33x is the real value. |
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Yes, increasing PPLNS's N up to 4x Difficulty will definitely reduce variance when you have some downtime. Just like it reduces the variance in the income of a non-24/7 miner, it will also reduce the variance in loss due to downtime for a 24/7 miner. Less chance of a big loss because your miners went down just before we found 3 quick blocks. It would still be a loss, but a smaller one.
It's not possible to pool hop on BitMinter though, and this won't make any difference in that regard. Of course you can move in and out of the pool as you wish, but since you can't predict beforehand whether you get high or low pay you can't "pool hop".
Making pool hopping impossible is really that simple. Just use a fair reward system. It's a shame some pools refuse to do so. And it is outright strange that so many miners still use those pools.
People are dumb, they don't care, mainly. Even the Bitcoin Folks. |
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Correction: the only people that will win are the ones that make the hardware.
Another similarity between Bitcoin and gold. During the gold rush era the first people to profit were the ones who sold the miners and other gold rush followers the tools and supplies they needed. This is really interesting. Let's talk about that. |
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that wiki is very useful  tip me! tip me! I vote for the tip!  |
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Correction: the only people that will win are the ones that make the hardware.
+1+1+1+1 |
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This is getting off-topic now, anyway, p2pool is a truly nice idea, I find it awesome. Sadly, the high orphan rate + the high PoW stale rate + the 0.5% fee makes it less attractive than DeepBit (!!) for lots of users, including me. Bitminter > * for now.
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10000 NMC for 40 BTC... lots of people don't get it then.  |
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Like I'm gonna find a block with 818 MH/s. |
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I got a suggestion from PsychoticBoy to change the N in PPLNS from 2x difficulty to 4x difficulty. That would be to double the size of the shifts. Please speak up if you have an opinion on it.
As a 24/7 miner, I approve of this suggestion. Same here. |
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I'm the guy who compiled the ASICs info table on the wiki  |
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