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No problem, and you've got it. Either the S3 or the S7 can find a block at any time. Statistically, the S7 will find a block in 10x less time than the S3. If you're using the lottery analogy, your S3 checks 440,000,000,000 times a second to see if it's found a winner. The S7 checks 4,750,000,000,000 times a second. When talking about pools and "shares", we are referring to a baseline called a "difficulty 1 share". We use the large numbers because it's frankly easier for the human mind to comprehend something being more "difficult" if it's perceived as a large number. The reality is that the share is actually a very small number (lots of leading zeroes). At any rate, you can use math to figure out how long you would expect it to take to find that baseline share (diff 1). The formula for doing so can be simplified to: 2^32 / hashrate = time to find a diff 1 share
Applying that formula, you can easily calculate that your S7 expects to find a diff 1 share every 0.00090420364126 seconds. Inverting that gives you how many diff 1 shares per second your S7 should find: 1105.94555735974321. Now that you have this, and you know the current network difficulty, you can figure out the expected time to solve a block: current diff / shares per second = time in seconds to find a block
Again, using the S7 as an example, at the current difficulty, you would expect to find a block after hashing for 161561576.41029279010546 seconds. Convert that into days and you'll see an S7 would expect to take 1869.92565289690729 days to find a block. Given this information, you can then figure out what your expected daily earnings are for an S7 because you know the current block reward is 25 BTC. Simply take 25 and divide it by the number of days to solve a block and you'll get 0.01336952 BTC a day. Putting all that together into a single formula: 25 / (current diff * 2^32 / hashrate / 86400) = expected earnings per day
If you want the more advanced version of that formula (one that doesn't approximate a diff 1 share to 2^32), here it is: (reward / (2^256 / (((2^224 - 2^208) / difficulty) * hashrate))) * 86400 = expected earnings per day
This is the most concise, informative post I've read on the subject. Maybe you wouldn't mind explaining to me how the stratum protocol works. When I mine on a pool that uses stratum does my miner receive the same exact work as all other miners? All miners receive the same work, produce a hash and then increment a random number called the nonce in an attempt to get a share above network difficulty, which solves the block. Is that correct? Also, congrats on your extraordinary luck lately. |
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I have a question. Why 5ND? I like it cause I keep getting paid even when I have to stop mining, but why not 2,3 or 4? Just curious. Thanks Edit- Also has it always been 5ND from the start? Will the number change based on future pool size? I'm done now  |
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After verifying with Laviathon, to qualify for this rounds 1BTC blockfinder bonus, you had to have been actively mining at the time the last block was found. Hope this clarifies things for the miners that dropped off and came back for this new round.
This takes away a lot of incentive for the people who had joined and would have come back and mined through the round. The point is to get people to stick with us. A lot of people see $400 as plenty incentive to tough out 2 rounds with a small pool. Exactly my point. May I be so bold as too make a suggestion. ahahaahha...only I laugh at me  Reverse course on the actively mining part and send another email to all the members reminding them it's game on time! So what I'm saying is: If any miner put in any hash, ask them to come back! That's more hash for the pool = faster block find. And while they're back they'll get to play around with the super cool interface. My favorite part is the round reward part, because it reminds me that even though it may take days to hit - the payout is going to be just as much as if I were on a larger pool. And if we get lucky it will be bigger! Heck I even rented a bit-o-hash. I'll be sticking it out this round even though I don't qualify anymore, or maybe splitting my miner in balance mode. But I'd sure like to see more of the 350 members mentioned in the initial email I received come back. The first email is what reminded me I had even signed up for this cool little pool. That was an attention grabber for sure! |
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After verifying with Laviathon, to qualify for this rounds 1BTC blockfinder bonus, you had to have been actively mining at the time the last block was found. Hope this clarifies things for the miners that dropped off and came back for this new round.
This takes away a lot of incentive for the people who had joined and would have come back and mined through the round. |
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Time for my first block and HIGHEST CDF trophy!  I'm pulling like 1.5TH at the moment so you know it's gonna happen. Followed by 5 blocks in 20 minutes by Kano pool like fish pool just had. I mean seriously? |
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Congrats to 12328BQMNvJFWhp8FanBsHrFuNnCgBub2J  [2016-03-08 14:08:52.331] Possible block solve diff 168999735268.044189 !
[2016-03-08 14:08:52.476] BLOCK ACCEPTED!
[2016-03-08 14:08:52.476] Solved and confirmed block 401746 by 12328BQMNvJFWhp8FanBsHrFuNnCgBub2J
[2016-03-08 14:08:52.476] User 12328BQMNvJFWhp8FanBsHrFuNnCgBub2J:{"hashrate1m": "3.27T", "hashrate5m": "3.2T", "hashrate1hr": "3.43T", "hashrate1d": "4.39T", "hashrate7d": "1.34T"}
[2016-03-08 14:08:52.476] Worker 12328BQMNvJFWhp8FanBsHrFuNnCgBub2J:{"hashrate1m": "3.27T", "hashrate5m": "3.2T", "hashrate1hr": "3.43T", "hashrate1d": "4.39T", "hashrate7d": "1.34T"}
[2016-03-08 14:08:52.476] Block solved after 76551516907 shares at 48.3% diff
Another small miner! Yes! GO Small miners! that's me  Edit- not me that found the block...just I'm a small miner  |
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Kano can have my dust. You don't have to eat it, you can spend it instead.
Edit..my rig doesn't make much but I've sent a few small donations in the past.
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I have never seen the same miner hit two out of three in a row.
Good work!
Yea, that was pretty cool. Happened around the same time Cox decided to kill my internet for the night My SP is back online now though, hitting both solo and Kano until my modest rentals arrive to Kano. Surely a block will come soon with mr. jackson back online |
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Thanks everyone for the answers.
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I have a couple questions please.
1. Has anyone ever hit with a rental from MRR(I know they have from NH, just did..)
2. What happened to worker names being cleared out after seven days? My username "why" has many lame suffixes I would like to clear out. It will just be why.1 from hence forth.
thanks
1.) Yes, blocks have been hit from MRR 2.) don't know about them being cleared out, just use why.1 if you want. I would use a separate worker for rentals. Thanks. 1 more question. What are those 3 icons in the upper left of the page? Sometimes look like faces and such. |
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I have a couple questions please.
1. Has anyone ever hit with a rental from MRR(I know they have from NH, just did..)
2. What happened to worker names being cleared out after seven days? My username "why" has many lame suffixes I would like to clear out. It will just be why.1 from hence forth.
thanks
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HIT NOW RENTAL. BEFORE ME TIME RUNS OUT!  |
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switchin' the SP back to Kano for the night. no..splittin it, i like the balance mode
edit... Gonna get me some Avalon.(and if not i'll get paid so ok)
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Yea pretty cool. Does my computer have a virus now? Odds actually not as bad as I thought...bout 1 in ~10,000 a day depending on the pools hash rate. So I'm on solo with my sp20 and I have an ant7 rental here trying to bust this block. So does ck note the people who put 10% as a donation and give me a better chance? Actually 9 Percent cause the 1 already....which is less than I would be charging hehe.. |
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So you run on solo.ckpool?
I should have clarified. I'm not finding the blocks. Just that someone on the pool finds one. Do miners act as relays in addition to mining...I don't run a node. Yes I run on solo sometimes, no luck so far...I'm not sure what the math says about it Edit. Now I'm running on solo and kano simultaneously now. |
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Hey, I just noticed this pool pays-out instantly on block finds.
Sorry but I can't get payments on every block; I've a very neat wallet, your pool just made it very trashy.
Once a day is more than enough, once a week is best, every block is a big no-no for me.
This falls under "shit forced upon me that I don't want nor need to deal with" category.
Sorry but I cannot mine here for the foreseeable future.
Maybe if you let miners decide when to cashout or once a day at best, but for the time being, I prefer less payments.
It's just less hassle for me.
Keep up the great work, I love how you fill the blocks.
I understood this as satirical? Anyways. I seem to have a "magical miner" On no less than 4 occasions the pool has found a block within 5 minutes of starting. Could this somehow help the pool? Or is it just crazy coincidence? Starting miner now. 3:00 pacific. Edit. 3:05 newbie |
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