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1041  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 02, 2014, 09:00:24 AM
I'm getting blocked from www.btcguild.com. the miner seems to be connecting still but I can't get to the dashboard or graphs to check anything.

No problems here. Probably a problem at your closest CloudFlare server. Nothing I can do about that other than wait.  CloudFlare is only used for website access. The mining servers are completely separate.

thanks for the quick reply.
It's been blocked for ~11hrs so I'm having doubts if it will come back on it's own.
http://www.isitdownrightnow.com/btcguild.com.html shows it's working for others.
anything else I can try?


What error do you see when trying to load?  Is it an actual error page, or is it a generic browser error?
1042  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 02, 2014, 08:28:39 AM
I'm getting blocked from www.btcguild.com. the miner seems to be connecting still but I can't get to the dashboard or graphs to check anything.

No problems here. Probably a problem at your closest CloudFlare server. Nothing I can do about that other than wait.  CloudFlare is only used for website access. The mining servers are completely separate.
1043  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 02, 2014, 07:10:37 AM
how will you estimate coin profitabilities? please don't say coinwarz

some of the coinswitching pools have their own algos, but keep them private, some show what they've been mining/milking e.g. https://hashco.ws/stats/

much looking forward to this

That's part of what I need to work out.  I'm obviously not going to rely on a third party profitability estimator.  I'll probably do something simple (price average over last 12 hours vs difficulty vs average coins per block).  Once it is implemented, there will be a stats section which describes how the current "most profitable" coin was chosen by the pool.  Users will always be able to override the auto-switch aspect.

Ideally, on your settings you'll be able to either pick which coin you want to mine, use an 'auto-switch' setting, and then probably have something like "exclude the following coins from auto-switching", where it will pick the most profitable coin of the ones you have not excluded.
1044  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 02, 2014, 07:06:10 AM
feature request:

  • Which worker made how much money
  • How much money specified worker made from specified date to specified date

Neither feature can be implemented.  While share submission counts are stored per worker, that is only for stats (and PPS) purposes.  All PPLNS earnings data is stored on the user account level.  It could be estimated, but estimated stats generally cause more confusion/headache than they're worth.
1045  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 02, 2014, 05:50:10 AM
On ScriptGuild are we going to need wallets for each PnD coin or are you handling the conversion and paying out in BTC?

At least to start, ScryptGuild will not do *any* form of transferring between currencies.  So you'd have to either run your own wallets, or set the payouts to an exchange like BTC-e or Cryptsy.  There will eventually be an instant conversion option on ScryptGuild, probably only to LTC though (since it's ScryptGuild), which uses market rates + small fee, depending on how reliable the exchange APIs are for scrypt coins.


Any screenshot teasers ?

No teasers yet, but the website will probably be functional *before* Friday for setting up accounts and workers.  I've purchased a nice template to start off with, I just need to take a little time to customize it and start replacing demo data with proper placeholders.
1046  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 02, 2014, 04:42:06 AM
ScryptGuild alpha is tentatively scheduled to start on Friday.  After encountering a number of setbacks from code I wrote while sick (always seems like a good idea at the time), I've fixed the problems that prevented the launch last week.  Some family is visiting this week, so I'm holding off on launch until the weekend.  As such, the alpha will probably look much nicer than originally planned.



Cant wait to point my miners to scrypt guild.  Grin

I was just so relieved last night when I finally figured out where that stupid bug was.  I was getting so desperate to get ScryptGuild moving that I was almost considering using that crappy MPOS package most the pools use these days for using with slush's python stratum pool.

Alpha will be fairly basic.  It will be PPLNS, 0% fee during alpha (pool keeps the meager txfees).  At launch it will be manual coin selection by picking a port (probably LTC + Doge +...maybe Moon?).  While that's up and running, I'll be working on another update to the backend to allow multiple chains on the same port, with website (and API) based controls to swap a user between chains.  That will be 'Beta' stage.  Final stage will include the ability to opt in to automatic chain switching based on estimated profitability.

I think users will enjoy the layout for the new ScryptGuild.  It will NOT look like BTC Guild, since I've determined the BTC Guild interface would not be very efficient when working with potentially dozens of different coin chains.  But it also won't be something you've seen on any other pool to date Smiley.
1047  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 02, 2014, 02:53:43 AM
ScryptGuild alpha is tentatively scheduled to start on Friday.  After encountering a number of setbacks from code I wrote while sick (always seems like a good idea at the time), I've fixed the problems that prevented the launch last week.  Some family is visiting this week, so I'm holding off on launch until the weekend.  As such, the alpha will probably look much nicer than originally planned.

1048  Bitcoin / Bitcoin Discussion / Re: CheapAir.com accepting Bitcoin for flights! on: February 01, 2014, 07:32:39 AM
Just bought a roundtrip Kuala Lumpur to Chicago on cheapair using bitcoin.  Totally smooth, but the only thing i noticed was that they charged me $60 worth of btc over the USD price. 

edit: i bought it from the u.s.

I have just checked it as well, and it seems I need to pay nearly 20% more using bitcoin. Sad

I hope you're comparing the BTC:USD conversion to BitStamp and not Gox.  Nobody seriously uses Gox for USD exchange rates.
1049  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 31, 2014, 06:59:01 PM
http://www.alloscomp.com/bitcoin/calculator  is the calculator I've always recommended for hard numbers at current difficulty, which is the only hard number you can be given.  I don't have a calculator on the pool because I believe it is misleading for non-PPS users, since pool luck will skew results one way or another, just confusing most users.

The expected earnings per day of any miner on any pool is based on their speed vs the current network difficulty.  This number is then skewed mostly by pool luck, and then somewhat by pool payout method depending on the method and the configuration.  For BTC Guild's PPLNS, the payment method itself has virtually no variance impact due to an 'N' value in PPLNS that is obscenely high (> 10x difficulty).  The only variance you're likely to see is entirely based on the pool's luck.

The speed of the pool only acts as a limiter, establishing a likely floor and likely ceiling of how far luck/variance can swing over a given period.  You'll have highs and lows, but a pool the size of BTC Guild experiences "extremely poor luck" as a day at 63% expectation.  In smaller pools, that would be "normal" bad luck, with extremely bad luck being something closer to 10-20% expectation.  If it's really small, possibly even 0% if they fail to find a block all day.  With that benefit comes the downside, which is BTC Guild is unable to hit the extremely good luck values that small pools have.  BTC Guild's very good days would be 130-140%, our highest 24-hours I can remember was a hair under 150%.  A smaller pool can see numbers as high as 300-500% in a 24-hour period, it just takes a handful of blocks.
1050  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 31, 2014, 11:01:18 AM

This chart:



indicates that BTC Guild's percent of orphaned blocks was 1.3%.  Since BTCG pays for orphaned blocks, am I correct in thinking that this effectively reduces the 3% transaction fee to 1.7% (not considering other factors that reduce the fee further)?

1.3% is slightly above normal for BTC Guild.  I always use 1% as the rule of thumb for orphans.  So compared to other pools which do not pay orphans, it is effectively a 2% fee for BTC Guild.  Less if the other pool fails to pay transaction fees or namecoins.
1051  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 31, 2014, 04:56:45 AM
okay, something is wrong. I have mined just fine till now. I can mine on ghash but on guild (eu server) it show diff as 2, when I always had 128.
It just wont mine on it anymore. On ghash its on diff 128 and works fine.
On worker settings I have setup 128 diff, so I do not know what happened.

The EU validation server uses diff2 for some users (it doesn't always update when you change worker settings).  You get forwarded to the real servers after a single valid share submission.
1052  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 31, 2014, 04:26:52 AM
My ant repored eu server as dead, anybody else?

No problems connecting to it from here in the US.
1053  Bitcoin / Pools / Re: PB Mining -- 5 year mining contracts! on: January 31, 2014, 03:10:47 AM
No date was ever given for DVC/IXC, only that they would come *after* the new backend and after Scrypt Guild.  Unfortunately, the new backend took much longer than expected (illness + bugs), and was eventually scrapped entirely.  As a result, Scrypt Guild is also pushed back further.

IXC and DVC are *completely* worthless.  If BTC Guild adds them, they'll just become twice as hard to mine from difficulty, and go even further down in value since you'll have a whole lot of new people selling them to the highest bid on the books.  Right now they add less than 0.2%.  If their difficulty was increased by BTC Guild's hash rate, it would be less than 0.1%, not counting the drop in value guaranteed to follow the rise in difficulty.


This isn't saying they won't be added, just that they have always been near the bottom of the list of things to add/consider adding.
Scrypt Guild ?

Ok, so I obviously missed something but do / did I smell a LTC pool on the horizon ?

Yes.  I've hit a few snags on it, but it is absolutely in development.  I've had to push the date back to February due to some setbacks in the adoption of the old backend to scrypt and it's different ways of handling difficulty compared to SHA256.  I also have some family coming to visit + bringing a load of furniture & computers from my old house this weekend, so the odds of it launching this weekend are basically 0.

The idea is a profit-switching scrypt pool.  The alpha will simply be single chains with different ports based on what coin.  Beta will be multiple chains in one URL with the ability to switch via the Web UI.  The "release" version will include the ability to have the site automatically move you between chains based on profitability.
1054  Bitcoin / Pools / Re: [2500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: January 31, 2014, 02:51:04 AM
This will be my last post on the subject but your under the assumption a miner would stay 24 Hours a day so therefor it doesnt make a difference? I and many other  miners don't stand 24 hours why would any miner want to stay during losing blocks times?lol  so the times mining there's more chance of finding blocks in 50 min and catching a good streak then 40 min just look at numbers today you never get 21 finds in a 40 min block and now shifts increase and it magically happens ! I rest my case...........

The expected value of your share is the same.  Always.  It doesn't matter what the shift settings are.  It doesn't matter what the pool speed is.  The expected value of a share never changes.  Pool luck is the ONLY thing that affects the realized value on your shares.  This is true on *EVERY* payment system except PPS, where the realized value is static regardless of pool luck.

Count the blocks BTC Guild solved yesterday.  Count the blocks it solved today.  It's a hell of a lot more, which is exactly why yesterday's payments sucked and todays have not.

Stay in school kids, otherwise you'll look like this moron.
1055  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 31, 2014, 02:49:56 AM
When is additional merged mining coming? I remember end of January was said.

No date was ever given for DVC/IXC, only that they would come *after* the new backend and after Scrypt Guild.  Unfortunately, the new backend took much longer than expected (illness + bugs), and was eventually scrapped entirely.  As a result, Scrypt Guild is also pushed back further.

IXC and DVC are *completely* worthless.  If BTC Guild adds them, they'll just become twice as hard to mine from difficulty, and go even further down in value since you'll have a whole lot of new people selling them to the highest bid on the books.  Right now they add less than 0.2%.  If their difficulty was increased by BTC Guild's hash rate, it would be less than 0.1%, not counting the drop in value guaranteed to follow the rise in difficulty.


This isn't saying they won't be added, just that they have always been near the bottom of the list of things to add/consider adding.
1056  Bitcoin / Pools / Re: [2500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: January 31, 2014, 02:02:26 AM
My apologies to wizkid.  I wouldn't have responded at all if this user's posts weren't pointed out in my thread.  This kind of derailment is why I had my thread converted to self-moderated, but I also won't let somebody hide in another thread spouting provably false information.
1057  Bitcoin / Pools / Re: [450 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff on: January 31, 2014, 01:40:52 AM
Just started to get into bitcoin mining.  I ran for about 5 hours using an old ati 5750 and was seeing nothing in one pool till I came to Slush.  I saw a little bit and decided to get an antminer after seeing someone post about it on here.  It is working great and I have been thinking about ordering 4 more off of amazon along with a USB fan for the hub I have.  Thing that bothers me is I have read on other sites that this is now pointless in doing, and that you will never see a profit from bitcoin mining even if you were to spend thousands of dollars on equipment.  So has this just become a hobby for people or is it something that a profit can be made from?  I didn't plan on ever making enough to retire from work, but I thought I would be able to at some point make a little.  I had hoped that eventually I would be able to get 1.5 coins with out spending much on equipment so I could get me a nice new graphics card.  After that maybe find a site that I could buy more equipment with bitcoins let it run and cash in.


Ever since the block erupters came out people said they were a wait, that people would never make their money back. Then the exchange rate went up 10 times the initial price. Nobody knows what the future holds, they only have guesses. I see the USB Ants as the current Erupters. On paper you'll probably lose, but paper doesn't know what the future holds. Just remember, As the difficulty goes up each piece of hardware you have will earn a bit less. But the price per Gh/s of new equipment should drop as the difficulty goes up.

Only you can decide what is worth it.

One fun thing to note is the argument people will always make:  You'd have been better off buying BTC than buying a miner.  This is mostly true, if the person doing the investing is rational, patient, and holds true to their investment decision.

I have first hand evidence of friends who I recommended not purchase miners at a certain point for that same reason.  They did so anyways.  And they made more off the miners than they would have buying BTC.  Not because of any failure in my math, but a failure in assumptions.  The "buy BTC instead" argument doesn't work if somebody would have cashed out their coins after a reasonable rise.  Such as cashing out the coins they purchased after a 30% gain.  My friends absolutely would have done that, and been happy with a $300 profit after a month.  Instead, they had to sell their coins slowly as they mined them.  They ended up more than doubling their investment because even though they sold coins continuously, they ended up selling at significantly more than a 30% gain over the price when they had purchased their miners.

So a wise, patient, and true believer, investing in BTC would be better off putting their money directly into coins, and following a strict selloff plan.  But those types of investors are rare (though many believe they are that type).  Human emotion is an extremely large factor in trading, especially on highly volatile markets like Bitcoin.
1058  Bitcoin / Pools / Re: [2500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: January 31, 2014, 01:34:33 AM
First off, I know I'm still fairly new to this, but shifts under PPLNS are determined by the number of shares submitted, not the amount of time.  Therefore the length of a round is irrelevant.  Rounds get shorter as hashing power for the pool increases, as hashing power increases so do blocks found.  So, in the long run, say the course of a day, week, month, your income will over all be the same irrelevant of the length of time each shift lasts.  

Second, when you mine for any pool under PPLNS, you will experience variance.  This is due to the fact that sometimes the pool gets lucky and finds a block in 10 minutes and sometimes it takes several hours.  The one thing you have under PPLNS rather than purely a proportional system per block, is you get paid for your shares over the course of several blocks which will help lower the variance.

The moral of the story here is that you don't look at income per share, but income over a period of time.  The only time income per share matters is under a pure PPS system where you get x per share you submit, regardless of the blocks being found.  This is riskier for pools, so most charge a higher fee, like BTC Guild's 7% vs. 3% PPLNS because they agree to pay you the same even when the pool gets unlucky.  So if you don't want to experience variance, you should switch your workers to use PPS vs. PPLNS  because it is the only way you'll get paid the same each time you find a share.

Nice to see someone fairly new that actually has read up on these things and understands them.  What you've posted is extremely close to the explanation I gave on the forum and BTC Guild news post.  One tiny correction: the per share rate "does matter", in that BTC Guild's PPLNS system also provides you a number showing how much any given share was paid in that shift.  It does so because some people like to compare what they're earning on PPLNS directly against PPS.  Obviously the per share rate varies dramatically from shift to shift by luck, but it's just something people have requested to be visible.

The rest of your post is spot on though.  The length of shifts mean *nothing* in the long run.  They simply control the minimum and maximum expected values of a given shift.  Longer shifts = reduced maximum and increased minimum, squeezing the expected variance into a narrower band on the chart.  Longer shifts means the amount paid to each share when a block is solved goes down, but the length of the shift means you will likely see more blocks found before the shift is closed, which ends up being a wash.  Overall, the only thing that matters is pool luck during the time you're mining, the shifts are just an accounting method used to allocate + audit your fair share of the pool's blocks.
1059  Bitcoin / Pools / Re: [2500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: January 30, 2014, 11:51:42 PM
Look at the PPS the numbers don't Lie 17 blocks found today paid for 53  min round .0000000128410 per share 16 blocks today paid .0000000119444 blocks found paid
The day before 16 blocks found per round  the other day paid .00000001549055 for 40 min round  now if that was a 53 min round there would be roughly 1400000 shares paid at that price as opposed too 115000 shares paid  which those extra shares are now being paid the block under @ 15 block price of .00000001452400 pps but this is obviously over some peoples heads numbers and the PPS don't Lie it says what we are getting paid right there but hey nobody is stopping anyone from mining there if you want to work for LESS go for it!!

Please refrain from breeding.  It will not end well for humanity.  It was explicitly stated previously.  You are too stupid to understand PPLNS, but you're also too ignorant to know you don't know how it works.
1060  Bitcoin / Pools / Re: [4300 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 30, 2014, 11:15:11 PM
At the risk of sounding stupid, can someone explain the the pool luck chart to me.  I understand luck neutral is 100%; however, if the line is at say, 134%, what does that mean exactly (or if the line is at 4%, for that matter).  Thanks for any help!

On the graph, it's the luck per shift.  So each shift gets paid X amount for its time.  At 100%, it paid exactly what you'd expect.  That will obviously never happen (or at least almost never happen) since shifts aren't based on blocks found but shares submitted, so it's always going to be at least a little +/- from 100% for a given shift.

This percent is equivalent to how much you made above or below expectation.  So if you plug your hash rate into a mining calculator, it will spit out your expected earnings for a day/week/month.  Subtract the pool fee (3%) from that for your expected earnings on BTC Guild at your hash rate.  If a shift were at 100%, it'd be exactly the same as that calculation (maybe +/- a few satoshis from rounding).  Otherwise, the % shown is basically the % of that expectation.  If it's 134%, you made 34% more than what your speed is expected to make.  If it's 63%, you made 63% of what you would expect to make.
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