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Author Topic: [DOWN] Bitlc.net - P2SH, No invalid blocks, Custom payouts, EU, 0% fee, LP  (Read 180609 times)
PcChip
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May 30, 2011, 08:57:25 PM
 #161

Am I missing something here?

I dedicated 360 MH/s to this pool for 12+ hours, and it now shows 0.13 BTC after he/she fixed the stats just now.

When I made my previous post about this 2-3 hours ago, I switched my 5850 to point to BTCGuild, and in those 2-3 hours I've already made that much there.

Hopefully I'm just missing something, but please explain

Legacy signature from 2011: 
All rates with Phoenix 1.50 / PhatK
5850 - 400 MH/s  |  5850 - 355 MH/s | 5830 - 310 MH/s  |  GTX570 - 115 MH/s | 5770 - 210 MH/s | 5770 - 200 MH/s
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May 30, 2011, 09:01:48 PM
 #162

Am I missing something here?

I dedicated 360 MH/s to this pool for 12+ hours, and it now shows 0.13 BTC after he/she fixed the stats just now.

When I made my previous post about this 2-3 hours ago, I switched my 5850 to point to BTCGuild, and in those 2-3 hours I've already made that much there.

Hopefully I'm just missing something, but please explain

I don't think you are missing anything, it stinks but we are all playing with luck when it's proportional payout, if no blocks solved 0 BTC and it's been over 20 hours since a block was solved. I'm in the same boat myself and I'm thinking about moving back to something more consistent.

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
https://www.bitworks.io
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May 30, 2011, 09:04:10 PM
 #163

The only way to get steady payouts from a pool is to increase its speed so rounds are shorter and earnings are more frequent. This naturally won't happen as long as people keep jumping ship at the first sign of not making as much at pool X as they were at pool Y.

My advice, either support new pools by helping them grow in size with your added hashing power, or go to deepbit where all the cool kids make their millions  Cool
Bitcoins.lc
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May 30, 2011, 09:28:43 PM
 #164

Am I missing something here?

I dedicated 360 MH/s to this pool for 12+ hours, and it now shows 0.13 BTC after he/she fixed the stats just now.

When I made my previous post about this 2-3 hours ago, I switched my 5850 to point to BTCGuild, and in those 2-3 hours I've already made that much there.

Hopefully I'm just missing something, but please explain

I don't think you are missing anything, it stinks but we are all playing with luck when it's proportional payout, if no blocks solved 0 BTC and it's been over 20 hours since a block was solved. I'm in the same boat myself and I'm thinking about moving back to something more consistent.

No one can control the amount of shares that will be necessary to solve a block/the time it will take until we can credit our users. Since we are a small pool at the moment, it's more noticeable when we get a "tough one", the time it takes for us to solve a new block varies a lot.

As Nythain said, if you want your BTC's as quick as possible you might want to switch over to another pool. If you rather prefer a pool that doesn't want to make money on poor miners, and out of our opinion, gives you the most "bang for the buck" in the long run, Bitcoins.lc is the choice for you.

Oh wait! The "bang for the buck"-thing doesn't work since we don't have any fees! Wink
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May 30, 2011, 10:47:54 PM
 #165

Jine, please could  you tell me how many shares / average hashrate my client was showing for the first two blocks, i need to compare it to my logs (I believe have been underpaid)

workernames : csZBBh and tPtaAK

Bumping due to no answer
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May 30, 2011, 11:17:34 PM
 #166

Jine, please could  you tell me how many shares / average hashrate my client was showing for the first two blocks, i need to compare it to my logs (I believe have been underpaid)

workernames : csZBBh and tPtaAK

Bumping due to no answer

For personal user support questions, please mail us at info@bitcoins.lc so we can keep track of our conversations more easily.

Thank you!
PcChip
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May 31, 2011, 02:00:11 AM
 #167


No one can control the amount of shares that will be necessary to solve a block/the time it will take until we can credit our users. Since we are a small pool at the moment, it's more noticeable when we get a "tough one", the time it takes for us to solve a new block varies a lot.

As Nythain said, if you want your BTC's as quick as possible you might want to switch over to another pool.

I understand that nobody can control how many shares and how long it takes, and I have no problem with that.

However, it should still be proportional; If there are less people taking longer to solve for 50BTC, than each person should get more per block, just stretched out over a longer timeframe.  So the bitcoins per 12 hours, or bitcoins per 24 hours should average out the same between pools.


For example:
If it takes someone 12 hours to make 0.5 BTC at a popular pool that solves blocks rapidly, that person would get the 0.5 BTC from many very small payouts.
If that same person joined a small pool such as this, much fewer blocks would be solved, but since there are much fewer participants, each payout should be much larger, and the total over the 12 hour period should still average out to 0.5 BTC

Legacy signature from 2011: 
All rates with Phoenix 1.50 / PhatK
5850 - 400 MH/s  |  5850 - 355 MH/s | 5830 - 310 MH/s  |  GTX570 - 115 MH/s | 5770 - 210 MH/s | 5770 - 200 MH/s
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May 31, 2011, 02:48:53 AM
 #168

However, it should still be proportional; If there are less people taking longer to solve for 50BTC, than each person should get more per block, just stretched out over a longer timeframe.  So the bitcoins per 12 hours, or bitcoins per 24 hours should average out the same between pools.
Average, yes. The pool has solved 3, maybe 4 blocks. With the ghash/sec the pool is delivering, there is still substantial variance involved. Give it some time to average out.
PcChip
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May 31, 2011, 03:03:23 AM
 #169

I apologize if it sounds like I'm complaining, I do appreciate the work you've put into your new pool and website.  I think it's the best looking one so far, and after you implement the things you're planning to, and once the hashrate gets up there, it will be one of the best around.

Legacy signature from 2011: 
All rates with Phoenix 1.50 / PhatK
5850 - 400 MH/s  |  5850 - 355 MH/s | 5830 - 310 MH/s  |  GTX570 - 115 MH/s | 5770 - 210 MH/s | 5770 - 200 MH/s
Crs
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May 31, 2011, 03:18:27 AM
 #170

website down. ddos again ?
luffy
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May 31, 2011, 06:37:27 AM
 #171

very nice pool. instant payout is working perfectly. of course much to be done but for zero fee i think it is great.
suggestions:
1. it would be nice to choose the workers name and pass.
2. plz consider some sort of notification when workers are not submitting any shares
ersi
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May 31, 2011, 07:36:27 AM
 #172

Please take your time to read up on how mining and pools actually work.

There are many threads on this forum section that detail how it works.

Bare in mind that this pool is still small. Which means that you will not get or see a balance instantly.

The website is being actively worked on - if you got any suggestions that has NOT been mentioned in the thread - make a new reply, mail info@bitcoins.lc or come in to #bitcoins.lc at Quakenet on IRC.
BombaUcigasa
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May 31, 2011, 02:19:26 PM
 #173

Total pool performance    31.25 Ghash/s from 137 workers

Ok...

Previous round (#3) duration    13 hours, 3 minutes

Perfect! According to the math it should be 14 hours on average...

Current round duration    1 day, 14 hours

CAN'T WAIT ANY LONGER!!!!! WHERE IS IT?!
Jobbernowl
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May 31, 2011, 03:09:47 PM
 #174

It appears to be down Sad DDoS?

KedP
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May 31, 2011, 03:57:20 PM
 #175

It appears to be down Sad DDoS?

seems to be working as far as i can tell
lizthegrey
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May 31, 2011, 04:59:44 PM
 #176

Total pool performance    31.25 Ghash/s from 137 workers

Ok...

Previous round (#3) duration    13 hours, 3 minutes

Perfect! According to the math it should be 14 hours on average...

Current round duration    1 day, 14 hours

CAN'T WAIT ANY LONGER!!!!! WHERE IS IT?!

Average   16 hours, 10 minutes 50%   11 hours, 12 minutes 95%   2 days, 0 hours, 26 minutes

We're not outside statistical likelihood yet.
sanchaz
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May 31, 2011, 05:27:28 PM
 #177

but its taking forever!!!

Anonymous Cash-By-Mail Exchange: https://www.bitcoin2cash.com
Kain
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May 31, 2011, 05:40:31 PM
 #178

but its taking forever!!!
This is not Deepbit.
If you want slivers of blocks every ten minutes, go to Deepbit.
If you want chunks on a semi-daily basis, stay here and wait it out.

Patience is a virtue.
sanchaz
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May 31, 2011, 05:55:24 PM
 #179

but its taking forever!!!
This is not Deepbit.
If you want slivers of blocks every ten minutes, go to Deepbit.
If you want chunks on a semi-daily basis, stay here and wait it out.

Patience is a virtue.

im still mining i just like to express my frustration
never had a block go on for so long

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BombaUcigasa
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May 31, 2011, 06:04:04 PM
 #180

I must admit I am impressed with the low rate of invalid shares reported, I usually got 2-3 invalid shares in 100, I get one maybe every 500 shares.
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