I got the same error message and just went with python poclbm-mod.py also. I forgot about the possibility of it being a system format issue.

dos2unix worked for me, but I had to install it.

sudo apt-get install dos2unix
dos2unix poclbm-mod.py

If you're on bitcoinpool it only takes as long to get paid as it takes for the pool to solve a block (which seems to be running long this round). How much is a different question.   

Bitcoinpool's has rate has nearly doubled in the last 3-4 days. Could be some of them.

Mathematical proof is not real world proof, it is numbers making sense. I'm sure we would all like to see real world proof of this. The thread devolved into fights over simple definitions, terminology and hardheadedness between the math theory claiming the research to be irrefutable vs an actual test.



If I was a pool operator and another operator came into my thread and offered this up I would see it as hostile and be apprehensive also. He has his own pool. Even if is stats aren't constantly updated, anyone can calculate the sweet spot with some accuracy and try it out. There is no reason to repeatedly challenge another operator to exploiting their pool at the detriment of their users either way. That was adding fuel to the fire at a time when the whole conversation was going downhill.

I haven't seen and credible reasons to avoid them either.

I'm chalking it up to general devolution of the thread due to trolling, ignorance, arrogance, and ego. Par for the course of web boards all over the internet.

Recommendation ignored due to lack of reason, failure to address original question, and troll meter pegging loudly.

Anyone else?

Has anyone that's been at bitcoin pool for a while seen a better than average return vs a PPS pool?

I just built a mining box this past week that gets ~600Mh/s and want to know which place would give a better return.

It looks like I get about 0.32 BTC/hr at deepbit doing PPS, or roughly 230/mo. I like the steady payout even if it's 10% fee.

Of course I like the idea of no fees at bitcoinpool but my efficiency seems to vary a bit (80'ish-110) when leaving the client on 24/7 and 600Mh/s and is a small part of the growing total hash speed.

I had no problem running the binary on 7 x64. I don't think a x64 binary would gain anything more.

Well then, question answered. Thanks. I didn't see it.

*Awww c'mon .. let the stoners have their fun. It's not like they don't see innuendo everywhere anyway.

Yeah, banks love that stuff, especially with loan rates. I meant more along the lines of going down all 8 places. Not something that has to be addressed now but I'm intellectually curious since it exists. It would also have to be addressed for any type of standardization and/or mainstream adoption.

Actually if half jumped out then you would get more than what you had before they jumped. My experience with bitcoinpool so far is that you make your stake in the pool in the first few minutes then maintain it until the block is found. If more people come in while the round is in progress they will dilute your shares with their power. If a bunch of people stop mining and you keep going you will increase your shares.

My experience. I jump into a new round with 600 Mh/s and my estimated earnings are between 2.80-3.00 once the pool settles at about 11 Mh/s. However during the round the pool went up to 15 Mh/s and my estimated earnings were diluted down to more like 1.80-2.00. If everyone jumped in the pool at a new round and the pool was 15Mh/s then got out halfway through my estimated earnings would go up if I continued until the end.

Kind of a reverse hack. Come to think of it, I hope a lot of people try this "exploit" while I'm in a round.

I never said anything about what I wanted it to be. I was working within the parameters I was given to point out the inconvenience of lack of terminology. I hope it's spelled out for you now.


Again, nope, just pointing out the fact that the terminology doesn't exist. And I have no problem thinking. In fact I was pointing out that no one had thought of what to call anything below .01. If someone said that the adopted standard was "point zero zero zero one" bitcoins I would have no problem with that. I think there could be a better and simpler way to represent it than that.


I am familiar with most of the worlds major currencies and their value relative to mine have possessed a few different ones in my lifetime.

Thanks

I'm glad someone got the gist of my posts somewhere in there. Since I am a newbie and was just curious I will leave it up to the community to discuss. I don't really have a preference either way. It was just kinda of a general bugging feeling of not being able to quantify.

First of all it's not the same concept. You are talking about inflated value of currency and goods over a 50 year period. You're talking about hundreds. I'm talking about fractioning into thousand-ths and million-ths. When fiat currencies and values are inflating over time BTC will be going the other way and fractioning.

I would expect anyone here to get the concept. I'm talking about wider adoption. If BTC is not going to inflate/deflate or follow the value of another currency then complete other sections of POS software would have to be written for calculating equivalent value, that cost money, as well as training. A lot of money for mainstream acceptance.

Then you go into a store and buy something.

Clerk: That'll be $xx.xx.
Me: I want to pay with Bitcoins.
Clerk: *Blank stare*
Me: You know, Bitcoins. *holds up Bitcoins accepted here sign*
Clerk: oh yeah .. *fumbles* ... here it is ... it's .0015 bitcoins.? *confused look*
Me: pays with bitcoins somehow

The kid at the local fast food join can't calculate my change back without the computer telling him what it is.

bitcent sounds kinda lame I think. especially since that's what I've been mining for the last week until I got some better parts for a mining box. 

It's gonna be a real problem if the software ever starts carrying it out past 2 decimal places. what do you call .001 bitcoins without sounding nerdy or geeky. 100,000 satoshi's?

Like it or not every established currency has a easily recognizable/understandable representation for whole and fractions of their currency.

I'm not sure why they 8 decimal places was coded into the system, except to for the fact that it will cap around 21 million. If there's a cap then it would somewhat make sense if you started breaking it into smaller pieces.

Not only does it go to equality of representation as well as intrinsic value, but can you image going to the grocery store and in line after someone who just paid $150 for their groceries and the clerk ask you for "point zero zero one five bitcoins" or 150,000 satoshis?

So if a bitcoin can be carried out to 8 decimal places ...

is a bitcoin 1.00 BTC or 0.01 BTC

if 1.00 is a bitcoin, is 0.01 a bitcent?

conversly, if a bitcoin in 0.01, is a 1.00 a bitdollar?

There are mathematical proofs for blackjack and poker too, many times over. They're called statistics or odds.

Statistics don't keep me from losing a hand at poker, or even having a bad month. They also don't keep me from having a bad night at the blackjack tables. Statistics are a good rule of thumb in the short term, but much more effective in the long term.

True that you can't lose all your value in mining in a pool, but some of the rounds have gone out for a pretty long time and diminished the returns of the people who got out earlier than later, or stuck it out. But you won't ALWAYS get the 20-30% increased returns.

There's still a luck factor involved (stated in my bitcoin documents and websites) that can't be qualified or quantified.

You seem adamant that it works. The why don't you try it out instead of espousing that it's the holy grail of mining. I've dealt a lot with statistics from just learning to play card games. Mathematical proofs can be wrong, you never know until you test them, and they have to be tested over a good period of time. You can't do it for a day, or even a week. A better data set would be 3-6 months.

I can connect to both pool and site now.

poclbm connected. no website from here.

 
 I just picked up 2 Used HD 5850's from Ebay for ~$170 each. A slight savings over new one's w/ rebate at Newegg (but no rebate to deal with). I upgraded the BIOS's to the ATI 5870 bios and currently running at 900/900 Core/Mem Clocks. I don't know what their power draw is but I'm getting ~316Mh/s each. That's around the bottom end of an unoptimized 5870 according to the Mining Hardware List.

I agree. Basically there's no way to prove it except for saying you got lucky and pulled it off once or twice.

If someone could do this reliably then they would be predicting when blocks would be found on more than 1 site then they might as well build a massive solo rig and do it for themselves rather than losing money in pools.