I know how DGM works(ish). and your delusional to think I am going to get paid 3 BTC from the blocks that were solved 6 weeks ago. Or makeup that loss over the next blocks.
From the time of last post, I left 500mh on coinotron, and put 500mh on a different DGM pool.
Coinotron still the exact same balance as two days ago. Already up to .08 btc on the other pool. Coinotron; not a single number has changed in two days.
And your going to tell me my missing 3+btc is your DGM? hmmm. I'll get flamed; but its clearly the pool op skimming off the top. Maybe I am wrong, but this pool is trash ether way.
Coinotron's statistics page shows the last block found was on 4-17. Once a block is eventually found, miners will get paid based on their DGM scores. No, you don't get your 3 "missing" BTC because it isn't missing. It's a long round, and everyone shares the bad luck. Just like in short rounds, you'd all share the additional profit (and make more than PPS would have paid for the short round). Over a long period of time, the good luck equals the bad luck (in a mathematical sense) and it evens out. Of course, any stretch of good or bad luck could last for years, being random and all. |
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DGM pays hoppers their fair share of whatever work they actually did. They aren't punished or paid less. But neither do they get an unfair advantage. (In a proportional pool where someone can hop, hoppers can make more per share than full time miners.) Saying "It by design excludes pool hoppers from fair payments for hashes generated" is the opposite of what DGM's design is. DGM's design is that everyone (including hoppers) are paid fairly for the work they contribute, whether they hop or not.
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My primary issue with most payment schemes are that they punish users when they have punish miners who have downtime --- more than they reward miners who don't have downtime. Which is why I only mine on pure pps or prop pools. Keep in mind DGM pays all miners fairly, whether you mine part time or full time at the pool. Full time miners don't get rewarded at the expense of part timer miners who get punished. Everyone gets the share of reward due them for the mining work contributed. DGM is also non-hoppable. Prop pools are hoppable, and PPS pools have a high risk of pool bankrupcy. |
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they are using the client money for their own investments and for their own mining.
According to you (and many others). There's no factual evidence of that I've ever seen someone share in these threads yet. Just assumptions and opinions. (Or maybe projecting what they would do themselves in BFL's shoes.) Maybe the people who can't understand the definition of a Ponzi scheme should look up "libel" and see if that one is more clear. |
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Any news about Avalon chips shipping??
You're kidding right? In fairness maybe he means shipping from China. |
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Is there a good terracoin blockchain explorer that blocks can be linked to on the Pool stats page instead of linking to bitcoin blocks of the same identification number?
That made me laugh.  |
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Would people ever do searchs that have a whitespace in the middle of the search term? I tend to think of all searches being hashes and block numbers. If spaces should never happen, you could do a little script to remove them on submission. |
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I'm assuming a scrypt FPGA could mine any scrypt coin not just LTC, like you can mine any sha256 coin with sha256 miners?
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Simran is someone who didn't even understand why getting the cheapest PSU for a mining rig is a bad idea let alone test an FPGA for LTC.
This is more than likely the beginnings of a scam.
Simran has nothing to do with the development of jasinlee's LTC FPGA, as far as I know, other than maybe demo'ing one and posting here about them before jasinlee wanted him to. So don't see the relevance. |
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Any advice for folks who've already invested in BFL? Any experience getting a refund etc?
As far as we can tell, every refund request they've received has been honored. So if you'd like your money back just ask them for it. |
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If you want to assume he keeps mining, there are two factors to consider - his current score and his future proportion of the pool's hashrate. Taking them both into account requires some calculations. It's easier to just show what his reward will be if a block is found right now.
Yup. I just wanted to have an accurate way to show a miner their future remaining balance to offset the capacitor charging up originally. I have to imagine there's some learning curve for most miners who have never used a pool with DGM before. |
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Thanks for the info guys. Some of the old butterfly labs FPGAs seem to go for a lot still.
Yeah a couple on ebay past few days, I think ~$1300 which is way too rich for my blood. Some sold months ago for a lot less, but that was before the BTC price surge. |
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The orange ignore button beneath his name suggests to me that the answer may not be finite.
Hey that's interesting. Is the darker the background color on the ignore button, the more people have ignored someone? Never noticed that. |
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smoothie, how many customers need a working product before you'll admit BFL has a working prototype? Just curious.
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FCC web site says testing only takes 1-2 days if it passes on the first test.
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Will have to wait and see. There are 3 projects ongoing I believe, the main one I'm interested in is jasinlee's. His price goal is to match the $/hashrate of GPUs. I believe he has engineering samples delivered and is the furthest along but isn't providing specs, prices, preorders, etc until testing is finished and they are ready to produce a final product.
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Ok thanks for the help guys and for correcting my mistake, I really appreciate it! I guess I'll just still to bitcoins for now.
You can join a merged mining pool (like bitparking) if you want to snag various other coins for free along with your BTC. |
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I'm quite interested in the multiple LTC FPGA projects though. Since ASICs don't exist for LTC yet, FPGAs can still make a lot of sense.
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The FTC link doesn't mention it one way or the other, but I doubt that is intended to cover pre-orders of unfinished products. It seems the intent is to prevent undisclosed delays in shipping finished products? I'm thinking of times I've pre-ordered video games that missed their release dates, for instance.
Still, that was a very interesting link. I'd never heard of the 30-day rule.
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