When it says Block 1 found, Block 2 found, Block 3 found, etc, it means the 1st, 2nd, and 3rd shares since you started the miner.
At slush's pool, when you submit valid shares, your score goes up.
So, it appears to be working fine. If you have other questions, please ask them explicitly as it is not clear what you are asking.
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Why does the exchange rate show up as 0 Dollars? What is meant by Difficulty? I keep coming across this term and not sure what it means? By looking at the stats generated by that site above. If I run my GPU for 1 year, all I get is 16.74 Bitcoins?? I don't seem to understand then how does one go about earning 10-15 Bitcoins on a daily basis?
Not everyone can have 6 GPU's working in parallel just for Bitcoin Mining!
The exchange rate shows up as 0 dollars because the website appears to be broken. Check http://bitcoincharts.com for current exchange rates. Mining is essentially doing lots fo calculations per second hoping to get lucky and find a winning result. The p2p network adjusts how difficult it is to find the winning result based on how many people are all simultaneously doing calculations. The idea is to keep the rate of winners (i.e. blocks being found) to be about 1 per 10 minutes across the entirety of the p2p network. As more people start mining, the difficulty goes up. As people quit mining, the difficulty goes down. Yes, at 80 MH/s, you'll make only approx 16 BTC over the course of a year (assuming the difficulty doesn't change during that year--which is not a realistic assumption). People who are making 16 BTC per day have a lot more hardware than you. Dozens of machines each with several GPUs running in parallel. Bitcoin mining is not a system to make loads of free money with little/no investment (at least not anymore). Pretty much any hardware purchase is going to take 6 months or more to pay itself off at this point.
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I too think this is a great idea and would be willing to start mining with the network if the phoenix patch makes it to an official release and on to the bamt stack. Also, is there anyway to streamline the setup of p2pool? The setup while not difficult, still makes me hesitate, which IMHO will keep others from coming on board.
As far as I can tell, the patch to phoenix is a patch against an very out of date version of phoenix (forked from phoenix sometime back in July). "sleep" (the function for delaying) does not appear anywhere in the current version of phoenix or the aldyen fork of phoenix. I see no other indication that there is a delay after a long poll, either. I don't know what version is on bamt, but the latest official version of phoenix appears fine.
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Also, disallowing incoming connections on a large miner strikes me as counterintuitive ...
My thought is that, given that most large pools have been targets of DoS or DDoS attacks at some point, they would want to minimize attack surface. Not accepting incoming connections doesn't mean that you can't have connections. It just means that you have to initiate them all, which is easy enough
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If you can't manually force persistent connections to the top mining pools (which you probably can't),
If you know the pool's ip address and they are accepting inbound connections. Most of the large pools don't publish their bitcoind node ip addresses and I would expect they also don't accept inbound connections.
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It really only matters how quickly the pool node can send and receive from the other top 6 pool nodes. If they could connect directly to each other, then you only need 5 (you + the other top 6) to minimize invalid blocks.
If you can't manually force persistent connections to the top mining pools (which you probably can't), then you want many more connections so that you maximize the chances that you accidentally are connected to a node that is "close" to the other pools. In an effort to increase your odds of being close or directly connected to a pool node, you could possibly patch bitcoind to prefer nodes "near" the IP address space of where you suspect pool nodes probably are.
But I suspect if you have too many connections, I'd imagine the cost of communicating with hundreds or thousands of nodes may hurt you enough to negate the value of being connected to many nodes.
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If he had submitted those shares to deepbit he would gain: 1.59190493 BTC (62111 shares*0.00002563BTC )
Remember that Deepbit has 10% fees on their PPS pool. No one who cares about maximizing profit (i.e. the sort of person who would consider using coinotron auto) would use deepbit PPS these days. If he had submitted those shares to any of the 0% fee PPS variant (SMPPS, etc) pools, he would have gained: (62111 shares * 0.00002847 BTC) = 1.76878326 BTC There goes your advantage. Coinotron Auto-mode was only 2.7% better and only if you were Johnny-on-the-spot withdrawing and exchanging coins (which requires either some significant automation or staying away 24/7 to constantly process coins as they mature).
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Just joined the pool last night, coming from a proportional pool, I'm loving the pps!
But I seem to have a bug with the payments. It is reporting an Earned PPS after about 15 hrs of 0.18BTC, which seems right, but the paid PPS has been stuck on about 0.042BTC for about 9 hours, despite the pool solving several blocks in that time frame. My payout percentage has been listed around 0.04%, which also seems about right. Right below this my "next payout amount" is listed as about 0.016BTC.
Shouldn't I have received a small payment with each of the recent blocks being found, or am I just misunderstanding how the SMPPS system works?
johnb210
Your Earned PPS turns into Paid PPS when blocks reach 120 confirmations (according to your "next payout amount"), not when they are initially found. Not sure if that is for sure what is going on for you, but wanted to clarify expectations.
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Please no gimmicks. Give me a proportional pool or a PPS pool, or I'm just not interested.
Nothing personal, but that is a pretty ignorant statement. Proportional Pools are fatally flawed because they will be exploited by pool hoppers. Straight-up PPS pools are fatally flawed because they will eventually go bankrupt unless they have massive fees. The alternatives are not gimmicks. They are the only reasonable options that don't screw over miners and don't screw over pool operators. Although I am happy at my current SMPPS pools, I thank urstroyer for setting this up and I hope it is successful.
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What is the best coin to mine at the moment? I know there is like 6 now, cheers!
Have a look at http://coinotron.com. It shows the profit/BTC. At the moment, bitcoin and I0coin are on par in terms of profitability. Or http://allchains.info/They are all a mess currently.
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The war is over. Solidcoin lost. Time to move on.
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The license has been changed for a few reasons, so we can be updated in advance of the source being used in other projects and to advise others on precautions they need to take. SolidCoin has now fixed multiple vulnerabilities in the Bitcoin client and they need important consideration before being added to other chains. Furthermore to the bitcoin developers which suggest SolidCoin has done nothing it will require them to have a turn around in their public statements to date.
We are not necessarily going to restrict who can use the source code, however this change is mostly brought on by the developers and trolls of Bitcoin. If you don't like it, don't use the source code, simple really.
You do realize that copyright and licenses only protect against actual copying of the source code. Other projects are still free to a) understand the conceptual algorithm changes you made and b) implement the same changes themselves with slightly different code. If you want to protect against that, you'll need to get a Patent (good luck with that).
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Ah standoffs seem like a great idea. Just what I was wanting just didn't know they existed or what they were called. Are they universal? will they fit in any motherboard, (or at least the popular mining motherboards?)
Yes
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I like the --disable-redraw in concept, but it causes a new line with status information to be written every second (which is just as much noise in a log file). Any chance to add an additional option to control how often a status line is output when in --disable-redraw mode?
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I insert plastic motherboard standoffs in the holes on the motherboard and then set it all on a sheet of mdf (wood) that covers the tabletop (which is vinyl and might melt). The standoffs keep the actual circuit board from touching the sheet of wood. These are the standoffs I use: http://amzn.com/B00032Q31AThe MDF was something like $3 at home depot.
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I've been testing Server2 and wanted to let you know that since it came up, I've been getting only about 0.16% stales (CGMiner). Probably the best I've ever seen with any pool. Very nice! Thanks! Need more people to jump on it, should help improve the stale rate for everyone. I also need to work out a load balancing arrangement. 0.094% stales for me since I switched last night. I'm fine if everyone else stays on the other server
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Also note excel 2007+ can open open office files!
Excel 2011 for Mac can not
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