Interesting idea.
Waiting for the first person to offer insurance for copumpkin's liabilities 

Ah, gotcha. One mystery solved.
BTW, nice hashrate your "private farm" has clipse. Thats what, ~3-400GH? And Im sure they are all yours .

How did he manage to register in december 31, 1969?
That date is no coincidence btw, for those that dont know, unixtime is a way to format date and time thats calculated as seconds since January 1st 1970. IOW, this particular worker has an empty or "null" creation date. Probably an oversight by the pool op when he made it.

"Hidden by user" is back. The worker created in unixtime=0. Check this out:



He has supposedly mined 60500 shares out of a total of 78000 this round.


Hypothesis: this is a fabricated worker whos purpose is to artifically inflate share count at the beginning of a round. IOW, bitclockers are hopping themselves.

Good plan: blame the hoppers, but reek in the profits yourself! No wonder they are hesitant to switch to a fair payout system.

GPUmax seems to be buying again nonstop atm, and has been for the past 8 or 12 hours. I dont know how many GH GPUmax controls, but its clearly in the 100s of GH, if not nearer 1TH.

The first post in this thread shows a list of approved pools where you can send hashes to if you buy them. We all wonder who is buying, but perhaps we can find out at least where they are being sent. I checked them all, one by one. Lets go over them:

Deepbit. It has no historical charts for hashrate that I can find, but its currently at 3.9 TH, which is roughly where it was yesterday.
Slush, no historical charts either, but atm down ~200GH compared to yesterday
BTC guild. No real change: https://www.btcguild.com/pool_chart.php
Ozcoin: down by 50 or so GH, perhaps more, but they had some downtime: https://ozco.in/content/hashrate
Arsbitcoin:  not sure, but compared to Organofcorti's analysis, down by 50+GH https://arsbitcoin.com/poolstats.php
Eclipse: no change: https://eclipsemc.com/graphs/historical_rate.php
Bitclockers: no change, slightly down perhaps but also had downtime: http://bitclockers.com/statistics
BTCmine: down ~50GH compared to yesterday : http://btcmine.com/stats/
Bitminter: down ~40-50GH compared to yesterday (no charts, but https://bitminter.com/livestats/big)

So almost all of them are down since gpumax became active again and miners are no longer mining on their private pools; ,
But best I can tell, none are really up either. So if those "lost" hashes from the above pools,  plus the hashes that come from pools that are not on that list,like Clipse and Goat, P2Pool, or whatever,  if they dont end up on any of those approved pools... where are they going?

Pirate, is that something you are willing to disclose, and if not, why not?


edit: shortly after writing this, gpumax seems to have stalled, and I notice deepbit is down ~400GH, slush is back up the 200GH it was missing earlier. Are they being sent to deepbit?

But wherever else you send them, how can you achieve a positive ROI?

Since you cant time the purchases precisely (AFAIK), its rather useless for hopping. YOu might try hopping with purchased shares by sending them to your own proxy and hop from there, but aside from the stales I suspect that would cause, and your proxy that would have to withstand such massive spikes, AFAIK gpumax doesnt even let you send them to any pool other than the ones they approved. Even if you could, good luck getting >160% PPS from hopping these days.

So I guess Im missing the point too. Who is buying at 160% PPS and what for?

I think its the daemon. It produces no output. But if you started, the good news is that it has already started downloading and indexing the blockchain

Interesting stuff:



Note the "hidden_by_user", who somehow created his worker in 1969, probably before Satoshi was even born.
During other blocks, that same user sometimes had more hashrate than the entire pool combined, I assumed it to be goat or clipse though I never understood how they could change the registration date without hacking the site. I guess it must be something registered by the poolop.

THen, and hour later, same round:



Now he actually is hidden?

More interesting stuff when you just glance over the block history. Blocks are now linked to blockexplorer, I guess that proves they are legit. Or are they? The times dont match the ones in blockexporer, I mean they are not even close. Its not a timezone issue either  with a constant number of hours difference and perhaps a few minutes fluctuation, its like there is no correlation whatsoever.  Only the day usually matches. Still ahm, stretching the length truth?

Some of the blocks are even in the wrong order. Look at blockid 570 (1722286) which was listed before blocks 571 and 572 (172345). I suppose typos can happen, if you manually invent your blocks.

I can guess the response though. " We dont support pool hopping ".
 

If I understand this correctly, he just provides the software so you can turn your existing botnet in to a bitcoin farm. Thats probably not even illegal.

Tsja, met 1 post and nul reputatie zullen er toch niet veel geneigd zijn om eerst te betalen denk ik, ook al is het via bankoverschrijving.
Als je van je bitcoins af wil, kan je ze ruilen voor paypal euro's hier:

https://www.spendbitcoins.com/convert/paypal/

Krijg je nog een mooie prijs voor ook, gewoon de Mt Gox koers.
Werkt perfect, al vaak gebruikt. Je kan er ook amazon vouchers en vanalles anders mee kopen.

Yeah, just read 2 posts below the one you are quoting .

Yeah I knew what you were getting at, I was just trying to be lazy.

Anyway, your data seems to span a relatively short period of time. I found 5 1TX by deepbit blocks in it that I eliminated, it doesnt change the chart in any significant way:

 Okay, I goofed up. *blush*. I was looking at "bits", which is just difficulty, not exactly proof its the same guy heh.
Any chance you can provide me with a csv or something to subtract your (1tx) blocks ?
If you cant give me a csv, can you give me a ballpark estimate of how many 1tx blocks you mine per day or week?

BTW, I did the same exercise on some data preceding the recent 1TH boost. Its not quite as clear cut, but it does seem to follow a similar pattern:



There seems to be no relationship with difficulty, just a bottom at around 3Hr, like there is one now at 1hr.

All. But almost certainly, all 1TX blocks over that period belong to the mystery miner, they all have the same "bits"  for 10 or more blocks, not a single exception. BTW, that actually applies to all 1TX blocks since the beginning of the year. If other pools or miners produce 1TX blocks on rare occasions, I havent seen it this year.

Had another look at the stats of our mystery miner, and rather than just counting blocks per day, I had a look at the average time in between blocks (gets rid of variance when finding blocks just before or after midnight). The result is interesting:

(click to enlarge)


What you see above is a 24hr average of time inbetween blocks every day.

Aside from 2 obvious spikes, possibly caused by some downtime?, its surprisingly stable around 1 block per hour.
Of course you could say thats a logical consequence of having 16.6% of the network hashing power, and that its coincidence, but it looks like he may be throttling himself to an average of 1 block per hour.

It will be interesting to see what happens after the upcoming difficulty change, if he maintains 1 block per hour or if the time between blocks increases and he just maintains his hashrate.

Fair enough. Best of luck to you then.

If giving honest advice to a guy who just spent 600+ BTC on something he claims to have no clue about, is trolling, then how would you describe your own post?

You wont lose it all no matter what, but even a gambler likes to know the odds and if you were not being ironical about not knowing what you are doing, then I hope at least you have a gpumax account; if you dont, sign up for one asap (or perhaps ask giga to make a deal so you can use his). This contract is risky but not entirely unreasonable for someone who  knows what he is doing and wants to pool hop and expects >130% PPS. If you are going to direct these hashes to a regular pool at 100% PPS, chances of you making a profit are IMO, almost nill. Next difficulty change is in 4 days, currently estimated at +17%
http://dot-bit.org/tools/nextDifficulty.php

7 more difficulty changes to come. Can you spot the trend:
http://bitcoin.sipa.be/speed-lin.png

I dont think its wise to assume a 120% PPS return over this long a period (seems questionable gpumax will be able to maintain those high lease prices indefinitely) and at the same time assume difficulty will remain constant - its been going up steadily for the past 4 months, and all the FPGA goodies, not to mention mega botnets,  are only just coming online.

Not as risky as putting your money on bitcoinica, but a big gamble nonetheless. I hope the buyer knows what he is doing.

Ah, but you may want to check the date on that post and then look up price/difficulty for back then .


Feel free to make me a less ludicrous offer by PM.