I think small miners will trickle in over time but we may get lucky if a larger miner gives the pool a shot and sticks with it.
Wetsuit is our largest miner at the moment and helped us get over the line with that block (thanks again!). Note that I started this pool because I polled people to see if they were interested and had some large miners say they would definitely join if I started such a pool. I wasn't interested in doing all the necessary code and starting the pool unless I knew there'd be support for it so this helped me make up my mind. After starting the pool they said they would only join if the pool got larger. Of course there were no contracts signed and no formal agreements so they were not obliged to do anything as such. I naturally expected this response but it was still disappointing when it happened. Back to me repeating the same thing over and over again - this is the catch 22 that prevents this pool (and all other small pools you see here) from ever really taking off.
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One more problem renting has become very expensive
That is true but the base hashrate of any pool should not be from renters.
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That's what I'm hoping on. That would be a nice reward for those that have been consistently mining here since it would greatly boost rewards for them.
Still would like to see a lot more hashrate and/or miners get on board, I mean the fee is zero so long term profits here should be better than any pool provided we can get a consistent hashrate... but even that doesn't seem to attract anyone. I guess people feel the fancy interfaces are worth their 0.5~10% fees they're paying elsewhere.
In marketing, a pivotal concept is 'the time crunch'. Take action now, or lose the opportunity. Maybe something like that could benefit ckpool. Sign up now, and the fee is 0%. Wait until later, and it's some amount higher than 0%. Etc. Or maybe an early adopter bonus from subsequent blocks, something like that. Nah it's not that at all, it's inertia, history and conservatism that keeps people on other pools.
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Block Party?! Who got the next one then?
We're just still partying from the first block... I've been spoilt by the one that we got and now greedily want another but I know it'll realistically be months before we see another But now would be a great time for a lucky block find It could happen! That's what I'm hoping on. That would be a nice reward for those that have been consistently mining here since it would greatly boost rewards for them. Still would like to see a lot more hashrate and/or miners get on board, I mean the fee is zero so long term profits here should be better than any pool provided we can get a consistent hashrate... but even that doesn't seem to attract anyone. I guess people feel the fancy interfaces are worth their 0.5~10% fees they're paying elsewhere.
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Block Party?! Who got the next one then?
We're just still partying from the first block... I've been spoilt by the one that we got and now greedily want another but I know it'll realistically be months before we see another
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Unless the attacker has over 50% of the hash power, there is no reason for him to not broadcast the block since his block chain is just going to be overtaken by the rest of miners.
Not needed. All you need is a node with an extremely good connection to many network peers. When you find a block, you hold it and keep it to yourself. Next, when someone mines a block, your very well connected node will be one of the first to hear about it and you can broadcast your own block instead. If your block somehow gets propagated faster than the other pools (ie. Being directly connected to large mining pools), they will build on top of yours. If another block is found on top of yours, you don't lose anything. That's totally and utterly impossible. All the pools and big miners are heavily interconnected via extremely high bandwidth low latency connections. Any delays in propagating your own block today is guaranteed suicide. This is a very finely tuned network that has evolved over many years, not some script kiddy quality p2p network, and such an assumption is guaranteed dry anal sex for those delaying their own propagation.
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is segwit really activated now? i see the average fee still very high, are they already saturated the extra room of segwit?
Yes segwit is activated. No, no one is using it yet. That's why it looks like nothing has happened. Only a very small number of actual segwit transactions have been mined to date. Very very few clients currently support it, most exchanges haven't switched to it, most light wallets are only just starting to use segwit addresses and the hardware wallets are only now proudly announcing segwit support. So yes it won't have any effect on fees till all of that passes and there are a lot more segwit transactions in the network instead of regular transactions. Segwit was a technology improvement and security fix. It increasing block capacity was a secondary effect dependent on people using it and not primarily the reason it was developed.
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well not sure what happened the past 12 hours (after segwit went active) but my bitcoin core 14.1 is getting that same message we got earlier when people were using BIP 91 to signal for segwit support.. did something go wrong? "Warning: unknown block versions being mined! It's possible unknown rules are in effect"
Icon
** update **
i closed and reloaded the qt and now atm the message is gone... hummmm
The message will come back when your client sees more blocks. The problem is stupid pool operators using custom block generation and leaving in the segwit activation bit in their block versions. The proper bitcoin client has stopped using that bit now that segwit has activated, and so that bit has no known meaning any more. Thus the bitcoin core client is correctly saying it's not recognising what that bit is for... and the pools that are advertising it don't even know why they're advertising it any more but they haven't gotten off their arses to stop doing it. Then again, these are the same pools that are advertising BU flags still in their coinbase, and BU is another meaningless hostile takeover attempt now relegated to history only.
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Well it's not like they haven't done a bunch of empty block before. I'm not surprised. I'm disappointed.
One cannot be disappointed any more when one has precisely zero expectations.
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Blocksize has been replaced by blockweight now. The max block weight is 4MB now unlike previously where it was only block size of 1MB. Each classic transaction is worth 4x its size in blockweight but segwit transactions are worth 1x their size. That means you can have 1MB of classic transactions or up to 4MB of segwit transactions. Block weight corresponds 1:1 with block size for segwit transactions but is 4:1 for classic transactions. This means that the equivalent of 100 satoshi/byte fee per size in fee per weight is 400 satoshi/byte for classic transactions and 100 satoshi/byte for segwit transactions. That doesn't mean you're paying more for classic transactions though; it means you're paying less for segwit transactions.
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Sorry you haven't been around long enough to know I don't touch altcoins ever for anything.
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My two 2pacs and one gekko have finally earnt some money. Only 0.0021 but still its something.
One day bitcoin will be worth so much that small amount will be something like $10... oh wait it already is! One day bitcoin will be worth so much that small amount will be something like $100.
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Yes. It should be obvious from the transaction being a mined transaction instead of received one in your wallet. Blocks appear here: http://ckpool.org/blocks/And if you click on the only block there: http://ckpool.org/blocks/481797.confirmedYou'll see the details of the payouts and accumulations for those not receiving a payout. Your address appears there in payouts as: "1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje": 0.02528044
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Aaaand even the block can't help us sustain hashrate as we fall below 100TH all over again. Never mind, this pool isn't going away and the faithful shall continue to be rewarded appropriately.
Great news about the block! I haven't been renting for the pool after my first couple of times, my 54 s9's mine here when they are not rented. I have another 100 s9's hopefully coming online in the next 15 days which I shall also be pointing here. Ooh awesome! For some reason I thought you were only hiring all along. This is even better news for the pool then. Time to encourage some friends to join too
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Aaaand even the block can't help us sustain hashrate as we fall below 100TH all over again. Never mind, this pool isn't going away and the faithful shall continue to be rewarded appropriately.
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@jbreher you are funny not understanding humour like that and I thought things would be quiet from people like yourself once segwit activated but I guess I was wrong and I'll just put you back on ignore.
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It's up to the pool to put transactions into the block. That block was mined by antpool owned by bitmain who are officially the enemy of bitcoin now and still doing everything wrong, including mining empty blocks like that one (which they've done for ages and show no signs of stopping now.)
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Nice payout in the wallet! Hashrate heading up, at close to 700T as I'm writing this. Onwards junior birdmen, uh, blockmen (and women)!
Aye, instapayout is very nice, as is the mining icon in your wallet. I think most of the hashrate is still only wetsuit's rentals to be honest, but hey, now that we have a block under our belts things are looking up Two blocks at .ckpool.org pools today and segwit activated, it's a great day all round.
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Cool, I've tried a few things here to that effect, it actually turned into an over-worked mess. CSS layouts with multiple layers get a little weird when the width changes and they're aligned in the middle of the page. Hard to explain why, but fixed/max width and left aligned tend to work out best on widest selection of browsers.
I'll roll it back a bit and see if I can find a simplified way to make that happen. The design might get a little more simplified but that's probably a good thing anyways.
Thanks. Anything's better than plain text (well some things are so ugly that plain text is nicer, but not yours.) I have to add some text linking to the newly live blocks directory as well, now that we finally have something in there
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I just tossed in my 25 TH. Figure now is as good a time as any.
On a side note, I calculate at 700 TH/s pool hash rate, expected block time is like 55-60 days? That sound about right?
Welcome aboard! Yes that sounds correct.
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