[4 PH/S+] BCMonster.com Mining Pool / [PPLNS Payout][Pays TxFee]

[notabeliever]

my best share so far is a poultry: 910,529,102

edit: are the difficulty settings too low? an Antminer S7 running 9.56K Difficulty?

can I push my S5 with a high diff like your suggestion for the S7?

[krisgt30]

my best share so far is a poultry: 910,529,102

edit: are the difficulty settings too low? an Antminer S7 running 9.56K Difficulty?

can I push my S5 with a high diff like your suggestion for the S7?

At this pool you can not manually set the difficulty. Port 3333 is set to vardiff and will set an appropriate diff for your device. We have found that the diff is usually higher than the standard. (IE standard diff for s7 is 4.7k but seeing diff range between 6-15k)

The other port 3332 is for smaller devices with a var diff starting at 1 and working its way up to appropriate levels to accomodate slower rigs.

[Laviathon]

my best share so far is a poultry: 910,529,102

edit: are the difficulty settings too low? an Antminer S7 running 9.56K Difficulty?

can I push my S5 with a high diff like your suggestion for the S7?

At this pool you can not manually set the difficulty. Port 3333 is set to vardiff and will set an appropriate diff for your device. We have found that the diff is usually higher than the standard. (IE standard diff for s7 is 4.7k but seeing diff range between 6-15k)

The other port 3332 is for smaller devices with a var diff starting at 1 and working its way up to appropriate levels to accomodate slower rigs.

The 3332 port is fixed for like Video Cards and stuff.  It is the only thing that would that low.  s1 should be on on 3334 Pretty much everything else should just run the vardiff 3333.    It just controls the rate at which the shares come in.  No effect on the best share.

[Laviathon]

hahaah the 4th block will be a easy one....

Lies......

[BitcoinLover 1337]

2 Blocks in 1 Weeks seems not very atractive for my small miners..
i would eanr less than i would orn on an bigger pool with some more ph/s

i think thoose like gawminer and some are also using the big pools

[Laviathon]

2 Blocks in 1 Weeks seems not very atractive for my small miners..
i would eanr less than i would orn on an bigger pool with some more ph/s

i think thoose like gawminer and some are also using the big pools

Thanks for your input.  What exactly are you hashing with?

[krisgt30]

2 Blocks in 1 Weeks seems not very atractive for my small miners..
i would eanr less than i would orn on an bigger pool with some more ph/s

i think thoose like gawminer and some are also using the big pools

It depends on fees of the pool as well. Pay close attention to those percentages deducted. A round like this round small miners make more than us bigger miners that threwe big rental hash at the pool. All the small miners are up in btc, whereas myself and Laviathon are down in btc this round.

[Laviathon]

Guess I will thow up another 24 hour rental.  What the heck. 

[jonnybravo0311]

Good luck!

[cabal2000]

Good luck!

Cross you fingers!! Love to see the 4th cracked..

[Alehandros]

fingers crossed!!

[HistoryBloke]

So I signed up for this pool tonight and put my single Antminer S1 on it.  I have two S3s that I might send over also.  I see it's been almost a month since a block was found.  I can't imagine if I brought around 1.1 Th/s that I'd really make much, especially since the blocks aren't coming very fast.  Then again, I'm relatively new and don't know too much about how pools work and/or payouts.  Even the payout system explanation is so full of jargon and reads like graduate student's physics dissertation.

Why not do something like this... (using Slush's Pool as an example)

"Whatever your Hash Rate is at the time a block is found will determine your reward.  Found a block while having a high hash rate?  Awesome!  You made more than someone with a lower hash rate.  Turned off your equipment for 12 hours and no blocks were found in that 12 hour period?  Awesome!  It didn't hurt you at all since no blocks were found.  No blocks?  No reward!  In fact, you got lucky and saved some electricity!  But understand, if we had found a block during that 12 hours that you had a 0 hash rate... you would have made NOTHING!  So always keep your hash rate high so your reward is maximized."

Anyway, it was nice making .01 BTC every 2 days (since I have free electricity and am only operating at about 1.1 Th/s) but now it seems to be every 3-4 days on Slush's Pool.  It's pretty fun to help start something!

[Laviathon]

So I signed up for this pool tonight and put my single Antminer S1 on it.  I have two S3s that I might send over also.  I see it's been almost a month since a block was found.  I can't imagine if I brought around 1.1 Th/s that I'd really make much, especially since the blocks aren't coming very fast.  Then again, I'm relatively new and don't know too much about how pools work and/or payouts.  Even the payout system explanation is so full of jargon and reads like graduate student's physics dissertation.

Why not do something like this... (using Slush's Pool as an example)

"Whatever your Hash Rate is at the time a block is found will determine your reward.  Found a block while having a high hash rate?  Awesome!  You made more than someone with a lower hash rate.  Turned off your equipment for 12 hours and no blocks were found in that 12 hour period?  Awesome!  It didn't hurt you at all since no blocks were found.  No blocks?  No reward!  In fact, you got lucky and saved some electricity!  But understand, if we had found a block during that 12 hours that you had a 0 hash rate... you would have made NOTHING!  So always keep your hash rate high so your reward is maximized."

Anyway, it was nice making .01 BTC every 2 days (since I have free electricity and am only operating at about 1.1 Th/s) but now it seems to be every 3-4 days on Slush's Pool.  It's pretty fun to help start something!

That would only work on a huge pool that is finding blocks  in hours.  It is not a bad idea but during the build up there would be 0 incentive for people to keep there miner here for weeks while a block was found.  The pool is here to stay and we will find more blocks.   Even with a bad round the payouts will come a lot faster than a month as the hash rate increases.  Who is to say that a year from now if we can manage to get to a multi PH/s point that we wont do that.  I really do appreciate your input and I will take all the Hash you can bring our way.  I hope you can get on here and make some BTC.

[Laviathon]

Block 4 at last!

[krisgt30]

Words cannot express how happy I am right now. Now let's get our btc back!

[messypete]

Words cannot express how happy I am right now. Now let's get our btc back!

Well done Laviathon. 
I am very happy that's over. Now I hope round 5 is less painful.

I made a loss on that round but did well in the other rounds so cant complain.

Krisgt30 - sent PM.

[HistoryBloke]

Yay!  I just saw the Block 4 good news!  Congrats everyone!

[Alehandros]

well played Sir!

[jonnybravo0311]

Congrats on finding your fourth block!

[krisgt30]

Once this block is confirmed, BCTeamRental will be back up and running with rental hash. Then I will follow with some BTC of my own on my account.

Thanks Johnny, now its your turn