Thanks bro
btw when will we find a block lol
<Graet> ;;bc,calc 2400000 <gribble> The average time to generate a block at 2400000 Khps, given current difficulty of 2864140.507811 , is 8 weeks, 3 days, 7 hours, 46 minutes, and 19 seconds when you find a block the hoppers will come for 43% of the next block then leave the "regular" miners to finish it off. Proportional is a flawed payout system that is exploited by "strategic miners" and "regular miners" lose out It is well documented in these forums. https://bitcoil.co.il/pool_summary.pdfhttps://bitcoil.co.il/pool_analysis.pdfshould be required reading for anyone considering opening a pool  In terms of the time currently where it sits, though the hoppers may take care of the other 43%, by the time the current block is found, ASIC's will be released which would change the aspect of all pooled mining besides PPS and PPLNS, so as of right now with that time frame, proportional isn't a flawed system as that documentation will be outdated within a few months. Also, with the new website update, we'll be able to reward users using a double Geometric standard, which I do believe you also use. Again, yes, this is my first non P2Pool server I've been running, there are some learning curves that we will be adjusting to. Potentially outdated required reading material already has been browsed, but again, a lot of this will possibly change in the next few months due to ASIC's along with us changing our reward system as well. The first and foremost important thing on our pool is that we're upgrading our website along with our reward system and potentially adding a PPS service on top of this all. I may be, "late in the game" for opening a pool, but the more pools that are available the more decentralized Bitcoin will be. There's a lot of variable that will change and for the fact that the documentation provided is over a year old, I find it hard to rely on those statistics when so many things have/will change over the course of the past year and the next few months to come. I trust you're not going to be changing the reward system mid-round?  At this moment, you are a hopper - this early in a round the shares have a higher expected yield. My mining at all at this point is however a gamble that gibbyd-btc can find enough miners to actually solve a block in some reasonable timeframe... I'll be turning off at 100k shares. No, I will not be turning off the current reward system mid-round. Once our first block is solved, payouts will be done, and then the new website will be uploaded and MySQL will be flushed to adjust for the new payout system. Currently at 5.5GH/s it's time frame is: Average 20 days, 8 hours, 9 minutes 50% 14 days, 2 hours, 21 minutes 95% 60 days, 22 hours, 23 minutes So a MAXIMUM is ~61 days, while our average is going to be ~20.5 days at 7GH/s which we have been doing with proper miners on, not on top of if we get more hashing power. Once this current round is over and payouts are made, will be when we update our system to reflect new payouts and reward system on a more fair payout schedule. |
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More miners are welcome! |
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In my opinion, keep going at it, the reward right now you'll receive will be quite good seeing the total shares you have. Again that 43% in 2 months time will ultimately not affect the following block, since our website will be updated by then with new payout/reward systems. |
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Thanks bro
btw when will we find a block lol
<Graet> ;;bc,calc 2400000 <gribble> The average time to generate a block at 2400000 Khps, given current difficulty of 2864140.507811 , is 8 weeks, 3 days, 7 hours, 46 minutes, and 19 seconds when you find a block the hoppers will come for 43% of the next block then leave the "regular" miners to finish it off. Proportional is a flawed payout system that is exploited by "strategic miners" and "regular miners" lose out It is well documented in these forums. https://bitcoil.co.il/pool_summary.pdfhttps://bitcoil.co.il/pool_analysis.pdfshould be required reading for anyone considering opening a pool In terms of the time currently where it sits, though the hoppers may take care of the other 43%, by the time the current block is found, ASIC's will be released which would change the aspect of all pooled mining besides PPS and PPLNS, so as of right now with that time frame, proportional isn't a flawed system as that documentation will be outdated within a few months.
Also, with the new website update, we'll be able to reward users using a double Geometric standard, which I do believe you also use. Again, yes, this is my first non P2Pool server I've been running, there are some learning curves that we will be adjusting to. Potentially outdated required reading material already has been browsed, but again, a lot of this will possibly change in the next few months due to ASIC's along with us changing our reward system as well.
The first and foremost important thing on our pool is that we're upgrading our website along with our reward system and potentially adding a PPS service on top of this all. I may be, "late in the game" for opening a pool, but the more pools that are available the more decentralized Bitcoin will be.
There's a lot of variable that will change and for the fact that the documentation provided is over a year old, I find it hard to rely on those statistics when so many things have/will change over the course of the past year and the next few months to come.Information given has proven this wrong. Thanks Graet for the info! |
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Yes, the graphs and the hash rates aren't extremely accurate but the shares are 100% accurate as that number is directly pulled from MySQL. The graphs are simple Java scripts that calculate your hash rate based on the time stamp and how often you send shares, so it's not actually reading your hash rate in real time, thus making it inaccurate from what I understand. I'll see what I can do on fixing this, however, for now it won't be something that is immediately resolved since I believe an update of the entire website will be coming soon enough.
Oh crud - total shares - My mistake. I'll be editing my posts to reflect it. As for the hash - I went ahead and sold my free hashes to someone so I won't be able to mine on your pool for the next 13 days... unless more hardware arrives --- if ASICs don't start shipping in october, I may just hit you up to 90% of pool capacity then. Is that number accurate... if not how much getwork could you actually handle? Currently we are working to be able to support both Getwork and Getblocktemplate. Once we have Getblocktemplate, we'll be able to support a lot more. |
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OK i joined Right on, glad to have you! |
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~3500mh/s online for the next 14 days. This puts average time to find a block at ~40 days.
If we could get another 6.5 gh/s --- we could bring our average time to find a block down to 14 days. C'mon folks, lets get it done.
Noticed a 2.5gh/s discrepency between the pool owners hashing numbers and reported statistics. I'm out.
The hashrate number on there isn't very good, but the share totals on the stats page seem to be right Yes, the graphs and the hash rates aren't extremely accurate but the shares are 100% accurate as that number is directly pulled from MySQL. The graphs are simple Java scripts that calculate your hash rate based on the time stamp and how often you send shares, so it's not actually reading your hash rate in real time, thus making it inaccurate from what I understand. I'll see what I can do on fixing this, however, for now it won't be something that is immediately resolved since I believe an update of the entire website will be coming soon enough. |
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actually that sounds normal pool guesses hash rate based on submitted shares or getwork rate... and both can vary.
So what I'm not understanding is... when I'm at ~3500 mh/s and another user is at ~3500 mh/s and our shares are in the 8000 to 9000 range... meanwhile your shares are close to 2500 and you're only hashing at 60mh/s
My first reaction was, that you've somehow inflated your shares.
Nope. I'm honestly not doing anything to pad my shares or do anything devious; you were showing popping around from 2GH/s to 3.5GH/s while the other user was around 4-5GH/s (more around 4.5GH/s) from the statistics area on the website. I'm not sure what other information I could give you to settle your nerves.. but I can provide as much as possible if you still believe I'm padding. -EDIT- You did mention the 2.5K~ shares, which is my accumulated total shares, so perhaps you got that number mixed up with the shares this round? |
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example at this time:
overall network statistics reports: 4080 mh/s for the pool. You're listed on top hashers this round ~90 mh/s.
Last round lists your total shares at aprox 2600 thats in the 1000 mh/s range.
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If it turns out buggy I'll retract my prev post. What's your actual hash rate?
I know it's slightly buggy because I only hash at 68 MH/s on average 68837 khash/s 68830 khash/s 68784 khash/s 68817 khash/s 68755 khash/s 68765 khash/s 68817 khash/s 68781 khash/s 68844 khash/s 68831 khash/s 68723 khash/s 68810 khash/s 68861 khash/s 68706 khash/s 68860 khash/s 68800 khash/s and it shows me at 90-100 at times. The shares are accurate, but I do not believe that the graphs are. |
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~3500mh/s online for the next 14 days. This puts average time to find a block at ~40 days.
If we could get another 6.5 gh/s --- we could bring our average time to find a block down to 14 days. C'mon folks, lets get it done.
Noticed a 2.5gh/s discrepency between the pool owners hashing numbers and reported statistics. I'm out.
The shares are logged, the front end is ~1 year old, which Xenland (the original developer) and I worked together on patching back together for it to work, so there could be some bugs in it. I'm not sure how you calculated a 2.5 GH/s discrepancy; but I'd really like to figure out your math. |
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~3500mh/s online for the next 14 days. This puts average time to find a block at ~40 days.
If we could get another 6.5 gh/s --- we could bring our average time to find a block down to 14 days. C'mon folks, lets get it done.
Noticed a 2.5gh/s discrepency between the pool owners hashing numbers and reported statistics. I'm out.
The shares are logged, the front end is ~1 year old, which Xenland (the original developer) and I worked together on patching back together for it to work, so there could be some bugs in it. I'm not sure how you calculated a 2.5 GH/s discrepancy; but I'd really like to figure out your math. |
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~3500mh/s online for the next 14 days. This puts average time to find a block at ~40 days.
If we could get another 6.5 gh/s --- we could bring our average time to find a block down to 14 days. C'mon folks, lets get it done.
We're now at ~8.5GH/s total right now, keep 'em coming! |
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~3500mh/s online for the next 14 days. This puts average time to find a block at ~40 days.
If we could get another 6.5 gh/s --- we could bring our average time to find a block down to 14 days. C'mon folks, lets get it done.
We're now at ~8.5GH/s total right now, keep 'em coming! |
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Recent update, our pool is now at 0% fees and will remain 0% fee based to gain popularity. Donations are gladly accepted, as of this time no fees will be taken.
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Recent update, our pool is now at 0% fees and will remain 0% fee based to gain popularity. Donations are gladly accepted, as of this time no fees will be taken.
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Accepting new and Experienced Miners!
If you'd like to see something changed in our pool, please let us know too!
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It looks like you're running under 80 MH/s. With proportional payouts isn't it
going to be a long time between payouts?
What makes your pool worth mining at when there's so many others and Pay-Per-Share offers
a much faster return on mining?
Also, the USD/BTC chart is broken. Trade Hill shut down a long time ago.
Yes, at 80 MH/s it would be quite a while before one individual gets a block. That's why we're accepting miners, so that the increase in hashing will help bring those numbers up. What makes our pool worth mining at? It's a straight 0.5% fee, most places make you pay a "donation" or PPS is sometimes 3-17%, so if enough people mine, the odds are higher you're going to get what you mine for, making it more fair. The more shares you have per round on finding a block, the higher the payout is for you. In regards to the graph being broken, we're aware of that. Some things we are keeping as is, as we're working with the original developer of it on upgrading it. We're aware Trade Hill is gone, along with the graph not working. There will be some website updates coming soon, along with that, we'll be bringing our Xenforo forums back for everyone. |
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Accepting new and experienced miners!
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RPC port in bitcoin.conf is 8332 .. in your JSON config you specify 8333?
Will give it a try, was an obvious oversight on my end -.- however, if it works, it works.. Will report back shortly! did it work and when will you start your pool? No it wasn't the solution, the problem was with PushPool, I recompiled it and it's working fine now. The pool will be up soon, doing some minor tweaks to the front page of it and then giving it a spin around the block to make sure everything is working correctly. Will make a post soon in the "Pools" area once the pool is operational, hopefully within the next 24-48 hours or less! Our pool is up, our post is here! https://bitcointalk.org/index.php?topic=113621.0 |
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