Hello all.
Are there any rules or conditions about about being in any pool , and how can I know them ?
Thank you .
Most pools will have FAQs. Anything you need to know should be in them. |
|
|
|
That site reports that this pool hashrate is 4.5 PH/s (yet its correct for F2Pool)
...
Is this really showing our effective hashrate here?
Yes, as zachm pointed out that shows the "rate" based on blocks found. One must keep in mind that we, in the Bitcoin community, live in a world of "on average"; when there are days that are double, there are going to be days that are half or less (3d = 0.21%, but 1W is over 2x 3D and 1M is ~2.4x 1W). It all works out in the end.  its looking like a very long END with six months now passed since we met expected blocks tally You need to stop counting in months and start counting in blocks. |
|
|
|
And, you do realize that you will only get Dust while mining with just one Compac?
This means that you will not see any payouts for a very, very, very long time, if ever.
At current difficulty: about one hundred thousandth of a bitcoin per day, unless I've pressed the wrong buttons on my calculator. |
|
|
|
That was a happy coincidence. I almost surely wasn't thinking of that definition when I used the term.  Ha!  |
|
|
|
Any plans of adding auto-rolling?
Not really. It seems like a silly idea to me. There's a 1% house edge. There's no winning strategy. The attraction of the site is that it's fun to take a gamble, to see if you win or lose. Why would you want to have a bot play for you, when it's almost guaranteed to lose in the long run? In fact, it *is* guaranteed to lose in the long run, as long as you choose a sufficiently large interpretation of 'long run', like, say, infinitely large. doog's use of "almost" is correct in this case. From https://en.wikipedia.org/wiki/Almost_surely"In probability theory, one says that an event happens almost surely (sometimes abbreviated as a.s.) if it happens with probability one." |
|
|
|
If it has been sold, maybe the new owners can 1) add some fucking support. 2) up the fucking withdrawal fee's been waiting hours and hours. 3) stop being cheap as shit!!! -_-
Yes, it was sold in 2013. |
|
|
|
I wanted to ask everyone who knows history of satoshidice with evoorhees . I was recently speaking with my boss who thinks the bitcoin gambling business can not be big enough that there could be “review” websites of casinos. I have simply showed him bitcoinstrip only and he wasn’t getting it and calling they are scrubby tiny websites.
Well I wanted to tell him how much satoshidice was sold for but I couldn’t find the figure , do you guys remember how much satoshidice was sold for (not in btc but in dollars)?
I don't know how much it was sold for, but the gross revenue was very big at one point: https://bitcointalk.org/index.php?topic=80312.0Also, when just-dice.com was allowing bets in bitcoin there were some multimillion US dollar bets and I think the house bank was worth tens of millions at one point: https://bitcointalk.org/index.php?topic=242962.1100Enough proof there to show btc gambling in two sites alone has in the past been worth at least tens of millions of US $. Not sure if that counts as "big enough" though. |
|
|
|
Unfortunately there are no tricks to achieve good luck. Worker difficulty won't affect finding blocks. Empty blocks could be used to reduce the orphan rate a tiny bit. But it won't affect finding blocks.
Talking about time and luck gets confusing. Time depends a lot on hashrate. If you look at time you get the wrong impression of luck.
Number of rounds is directly related to luck though. "7 blocks in a row were above 50% CDF." That says something about luck. I'm sure that has happened several times to all long-running pools though.
Hey, where do I "thumbs up" posts again? Oh wait, forgot where I was for a sec. |
|
|
|
Ok, I will try which is the best and I will buy new cpu to mine too.😀 CPU mining went the way of the dinosaur going on six years ago. So I wouldn't bother buying a new CPU just for Bitcoin Mining. cpu might mean "central prospecting unit" I think those were obsoleted by the "General Prospecting Unit's" Which were in turn made obsolete by the Automatic Shovelling Integrated Circuit |
|
|
|
Hey OoC can you remove btc.mining-pool.io ? He's also running a solo mining pool using the same domain, that turns out is 100% a scam. If you mine to the scam solo, the coinbase in the work you get points to a user mining on FUPool. Someone has (unfortunately) already found a block on the scam solo and of course got nothing. https://bitcointalk.org/index.php?topic=1675588.0Also removed solo.mining-pool.io. I've emailed the pool op analpaper, I'll be interested to see if they respond. |
|
|
|
Ok, I will try which is the best and I will buy new cpu to mine too.😀 CPU mining went the way of the dinosaur going on six years ago. So I wouldn't bother buying a new CPU just for Bitcoin Mining. cpu might mean "central prospecting unit" |
|
|
|
Hi,
I'm a new btc miner. I'm currently looking for pools to mine to. I'm looking at btc.com and it shows that f2pool.com, antpool.com, pool.btcc.com and bitfury.com as the largest pool thus getting most blocks. Why aren't these on the list? Where can I find what their fees are? What do you guys think of them? Thanks.
As DrH mentions, f2pool == "Discus fish", the first name by which we knew the pool. Bitfury.com isn't a pool but a private mining concern. antpool.com and pool.btcc.com will be added as soon as a pool op posts here using the correct format to add the data to the list. |
|
|
|
<snip> Offtopic - my question to "organofcorti"... Its not always, I see pioneer members like "organofcorti" commenting on a "small topic" like this one on "S9 bad luck" ; I would like his comment and long term outlook, on the lack of mining equipment and monopoly of a single vendor in this industry. Recently, my investors and I, frustrated with Bitmain and sub-par S9s, we forgo buying more S9s, and invested in more GPU rigs for ETH and ZEC mining. I forsee that this is going be a key sanity check for miners in general. What is your opinion? Thanks citronick Mining luck is never off topic on this board, and it's not a small topic. In fact (as long term miners will tell you) it's a bit of a hobby horse for me, dating back to the 2011 (unfounded) accusations of malfeasance against BTC Guild after a period of bad luck on that pool. I've written a little introduction to mining luck here: http://organofcorti.blogspot.com/2015/07/faq-bitcoin-mining-and-luck-statistic.htmlAs for your actual (and offtopic) question, my opinion (and it's just that) is that rather than miners moving to altcoins, a market leader in btc mining equipment that creates a poor product and provides no recompense to customers is likely to provide fertile soil for the entry of a new manufacturer of btc mining equipment. |
|
|
|
Actually there's another big factor you left out, that is also by design in bitcoin.
Txn Fees.
PPS doesn't include them of course - whereas PPLNS pools like mine and Jonny's do include them in the reward.
e.g. the last 5 blocks on my pool right now have an average TxnFee of 7% on top of the block reward of 12.5BTC
Even for the last 50 blocks it's averaged 4%
(Edit: of course with each halving it becomes more and more important - by design)
That is another major perception mistake on mining in Chinese pools and all PPS pools in general.
I say 'Chinese' pools coz almost all of the mining in China is either PPS or PPLNS without transaction fees.
Pretty much almost all empty blocks are now produced by Chinese pools also.
No, I'm including tx fees. |
|
|
|
I think everyone agrees with what Newko said. citronick you really should come back, Juvia belongs here. Ditto! Come on back citronick and let Juvia help you enjoy the next block party with today's spot price of $669!  Well...I'll third and fourth those tomes. Not to extend the S9 discussion...but, one of my students (a really brilliant person) in my grad school Research Methods class once quipped, "Yeah, correlation doesn't necessarily prove causation...but when you're observing a cat catch and eat a mouse, do you need to see ten other cats eat ten other mice to feel comfy in the statement that cats eat mice?" IMHO you did a good thing, citronick, and for the right reasons, whether it turns out that our paranoia is founded or not. For me and my teeny-tiny group here, we're doing OK still. No worries. <snip> This is testable though, right? You run your mining software, record *all* the hashes 1. smaller than some size, and 2. for some amount of time that provides enough data 3. to test whether or not the data could belong to the theoretical population distribution. The test could be a "goodness of fit test" or use statistical inference. "Enough data" might just mean enough hashes to determine whether or not citronick has the 32 bit error that some previous miners have had (though I assume that Kano has already run that particular test ). |
|
|
|
I think the problem with "CrPPSRB" lies in its presentation. People see that they are being paid back shares when the pool is lucky and think they're making out. What is glossed over (and kano clearly points out), is that the absolute theoretical max reward is 100%. You can never, ever go above that value because at its heart, it's a PPS system. With PPLNS, you can "make up" for swings in bad luck by having swings of good luck. Using kano's pool as an example, you can see from the monthly statistics that while August and September were "bad", March, April, May, June, July and October were good. The pool's lifetime is 105.04%. Same holds true with my own pool. Although, with the small hash rate, I'm far more susceptible to swings of variance, to date my pool is running 105.74%. You simply cannot ever achieve that on any PPS variant.
I agree. A big difference between public perceptions of PPS-var and luck based reward methods is that people expect full payment for shares under PPS-var, whereas people expect that only in the long term for luck based pools. |
|
|
|
Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are. Any extra profit is the pool's profit, not the miners. Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that. The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd. OK then you probably should word it differently coz it clearly reads as: you get paid more if it's higher: Profitability = Actual reward per share / Theoretical reward per share
Yeah, I'll probably change in to something like Pool profitability = Actual reward to pool per share / Theoretical reward to pool per share Edit: e.g. even with the run in of recent bad luck on my pool, only one month has paid average worse than a 1.5% PPS fee (August) (and that was only 3.16% below no fee PPS) Edit2: heh actually I guess that's actually really very funny, that over 15PHs left coz the payout was only 1.33% below no fee PPS (September) I thought your miners had balls of steel? Sheesh, back in my day I stayed on pools that were so unlucky, I had to pay them. If some of you are puzzled by kano's "CrPPSRB" comment, these posts give a bit of back ground and information about SMPPS (a progenitor of CPPSRB): http://organofcorti.blogspot.com/2012/03/31-rise-and-fall-of-arsbitcoincom.htmlhttp://organofcorti.blogspot.com/2012/04/32-risks-of-smpps.html |
|
|
|
Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are. Any extra profit is the pool's profit, not the miners. Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that. The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd. |
|
|
|
that is price for all or each? can you send to sweden?. regards
Price for all. You pay the shipping cost to Sweden yourself - a quick check on the fedex website shows the shipping cost to be AUD 400 to 500 (kr 2700 to 3400) Still interested? |
|
|
|
Ah I'd consider driving inter-state to bring you a coffee in order to pick them up if it didn't cost me 10x as much in petrol costs haha. Good luck with sales mate, good to see some Aussies around here The way this "sale" is going, they'll probably still be in my storage box next time you happen to drive through Sydney I'll make sure to keep an eye on this thread next time I am then haha. Would you send them domestically? Sure, but you'll have to pay for it yourself. |
|
|
|
|
Show Posts
