Wow, that is some awesome luck this morning!  Nice payouts today.


Welcome to the pool!

Yay, bitcointalk is back.


Yeah, that's what I was hoping for, going through anti-DDoS only increasing stales a little.


Thank you, and thanks for testing

Do you know exactly what happened? Disconnected and getting timeouts trying to reconnect? It could be an issue with the renting service as well.

But yeah, I am unsure how well this works, so you should set a backup pool if using test.bitminter.com:3333 just in case. Disconnecting you for 10 hours is totally unexpected though, and I hope that's not the new anti ddos system doing that.


Yeah, pretty sweet

Thanks a lot, very useful data.

Your reject numbers are looking extremely good, with all the servers.

The 4 hour offline is odd though. I'll see if I can figure out what's going on there.

Needs a bit more testing. Looks like low reject ratio now, but it hasn't been running long enough.


On the test URL how is the reject ratio?

reject ratio = rejected / (accepted + rejected)

Thank you Hope it is working well!

If you ever wondered what it's like to run a pool: https://bitcointalk.org/index.php?topic=1060858.msg11396503#msg11396503




And in the words of the Beatles: here comes the sun. Three quick blocks this morning.


Thanks for helping out! Let me know how it goes with rejected/accepted work.

Please vote in the poll at the top of the page. Still zero votes for Facebook.


Two factor does help security some.

How to turn on two-factor authentication for some OpenID providers: https://bitcointalk.org/index.php?topic=27062.msg4892396#msg4892396

To run a mining pool you should be a full-stack developer, bitcoin-expert and security-expert. You'll need to run the business side of things as well. And you have to do public relations and customer support, etc. It's quite a wide skill set. Easier to do with a team than a single person.

You should be willing to work very hard, putting in a crazy amount of hours.

You must have your services monitored and be ready to wake up in the middle of the night from a screaming alarm if your systems go down or become unstable. Then rush to fix things. Usually problems will occur at the worst times, whether it's Murphy's Law or because someone decides that the time from christmas eve till new year's eve is the best time to conduct heavy DDoS attacks against you.

The moment you launch a pool you have made a whole new group of enemies. DDoS attacks will be frequent and hacking attacks will be constant. It is unlikely that you will ever learn who any of these people are. But you can be sure they'll make a major effort to hurt you every single day.

Any little bug or security vulnerability can have disastrous consequences. You'll see other bitcoin services go down in flames. Watch their users plot how to get their money back, or just plain revenge.

Being a pool operator means walking a fine line between failure and insanity.


No.

There are hundreds (thousands?) of people doing the same.

They decide they want to have their own coin. Usually it's a plan to create a new coin, premine the hell out of it, then the whole world will start using it "just because" and they will be rich. So they take bitcoin or a bitcoin-clone and rename it. Sometimes the software still says bitcoin in a few places because they're not very good at renaming things. Noone uses the new coin. Then it dies.

The problem is that they are starting at the wrong end. You have to see the other person's point of view. Why would they use your coin instead of bitcoin? What will you offer these people? How will your coin be better for them than bitcoin?

Starting with an idea on how to improve the world and going from there is much easier than starting with the idea that you want to be rich/successful/whatever and then asking yourself how you can accomplish that.

Same thing goes for starting a new mining pool or a new anything.

Ah yes, 25 blocks not counting the stales. That is particularly bad luck to have two of those.

Trying out a new anti-DDoS solution at stratum+tcp://test.bitminter.com:3333

It would be very useful if a few people would try it out for a day or two. Let me know if it runs stable for you and whether the ratio of rejected work is looking OK.

Thanks. Indeed sometimes quiet is alright.


In the last 30 days we found 27 blocks. Average luck would yield about 30.8 blocks. So that's just under 88%.

I think "what it should be like" is not a good way to word it. That's like saying every family should have 2.5 children. It makes all families sound abnormal.

I agree there could be more stats on the website. Until I have time to add more, have a look at organofcorti.blogspot.com - a lot of cool stats

Yes, they are. Same thing with Bitminter. I would expect most pools are using their own software and are not vulnerable.

I thought ghash had their own implementation as well. Although of course they could have made the same mistake.

I hope you contacted these pools and gave them a chance to fix the issue before going public with it.

Yes, you need ASICs to mine. Forget anything else.

Unfortunately mining on cheap ASICs (USB sticks) is also pointless at this time. You need the bigger ASICs with low cost per GH/s and low electricity usage. You'll also need cheap electricity. If electricity is expensive where you live, then things will be difficult.

PPLNS is last N shares, period (regardless of the round). Paying per the round is called proportional. Proportional is a broken system that should never be used, due to its vulnerability to pool hopping.

How did this ancient thread from 2011 full of useless information come back to life?

That would be awesome. I started using and recommending blockorigin.pfoe.be to people because it was much more accurate than blockchain.info.  But I haven't been using it for some time because most blocks are not recognized now.

If you want to expand it and add pages with block and transaction info then I'll switch over the block and tx links at Bitminter to you. I had to switch them to blockexplorer.com because blockchain.info was so inaccurate.


I have some discount codes (that expire in a week) for gandi.net if you need domain names

Any plans for doing other things in the bitcoin scene?

Try the BTC Guild thread: https://bitcointalk.org/index.php?topic=49417.0

Welcome