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Author Topic: HELP us break this block! https://www.bitlc.net/  (Read 1314 times)
pandemic
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January 24, 2013, 04:21:45 PM
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The pool I belong to (https://www.bitlc.net/) is just swamped with this latest block. It's been over 3 weeks, going on 4.

If you can, PLEASE sign up and start mining. We have to be near the end of this one and this block is just pissing me off. I'm throwing everything I've got at it.

https://www.bitlc.net/

It really is a great pool to belong to. Even if you just want to check it out once, they offer a full payout and not just x.xx bitcoins forcing you to leave a remainder.

There's nothing to lose by jumping on board for a few days until this block is busted.

please help!
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zvs
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I have some bitcoins. Somewhere.


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January 24, 2013, 05:48:50 PM
 #2

The pool I belong to (https://www.bitlc.net/) is just swamped with this latest block. It's been over 3 weeks, going on 4.

If you can, PLEASE sign up and start mining. We have to be near the end of this one and this block is just pissing me off. I'm throwing everything I've got at it.

https://www.bitlc.net/

It really is a great pool to belong to. Even if you just want to check it out once, they offer a full payout and not just x.xx bitcoins forcing you to leave a remainder.

There's nothing to lose by jumping on board for a few days until this block is busted.

please help!

The whole 25 BTC is distributed fairly among users that helped solving that block, based on the amount of shares the user contributed with.

that's all I could see in regard to payment... is it prop??


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pandemic
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January 24, 2013, 06:37:56 PM
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it is prop. I've been on the pool for a long time and it's always been very fair and well run. The thing I like most is the fact that you can withdraw everything rather than just to the nearest hundredth of a BTC.

3 weeks and 5 days we've been on this block.
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January 24, 2013, 06:40:55 PM
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Is the pool broke?
An Error Was Encountered

Request error: Insufficient funds

If this error remains, please contact us and provide the message above and a brief description of what you did.
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January 24, 2013, 06:43:08 PM
 #5

Wern't you guys being like massively hopped a few months ago? You were one of the only prop pools left.

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January 24, 2013, 06:45:48 PM
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Wern't you guys being like massively hopped a few months ago? You were one of the only prop pools left.
Yeah. They'd go from 20-50GH/s up to 450GH/s after a block was found, and then it would die back down after the cutoff point.
pandemic
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January 25, 2013, 01:41:38 AM
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everyone, attack!
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January 25, 2013, 03:59:24 AM
 #8

i'd do it if it wasnt prop

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January 25, 2013, 04:05:59 AM
 #9

i'd do it if it wasnt prop
This is the way small prop pools end
This is the way small prop pools end
This is the way small prop pools end
Not with a bang but a whimper.
John (John K.)
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January 25, 2013, 04:38:18 AM
 #10

everyone, attack!

Just leave - prop pools aren't surviving now.

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January 25, 2013, 04:43:45 AM
 #11

Unfortunately, this is the reason proportional as a payment method is dead [or at least on life support].  You're asking people to help "break this block".  Unfortunately, doing this requires people to purposely decide to make less money than they could off most other pools because at the current share count for this round, they will be receiving only about 20% PPS for their shares [assuming its solved relatively quickly].

Proportional was a semi-viable method when very few pools were around, and most miners were very "loyal" to their pool.  Hopping existed, but the impact was extremely small.  Those days are long gone.  If you are mining on a proportional pool, you are losing money unless you're one of the hoppers.

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pandemic
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January 25, 2013, 05:06:56 AM
 #12

I've got a strong loyalty, what can I say. I was looking at deepbit's PPS but meh.
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January 25, 2013, 06:29:18 AM
 #13

I've got a strong loyalty, what can I say. I was looking at deepbit's PPS but meh.
There are WAY better option than just a tiny prop pool or Deepbit PPS.

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organofcorti
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Poor impulse control.


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January 25, 2013, 07:23:36 AM
 #14

I wrote a post on bit.lc last year, and I emailed Jine about it - he thought it was fair.

http://organofcorti.blogspot.com/2012/08/61-bitlcnet-pool-hopping-and.html

There's a potted history there, and and other analyses. Jine's been wanting to change to PPLNS for a year or so but hasn't gotten around to it. I do hope he spends a bit more time on the pool and manages to complete all the upgrades he had in mind (as well as changing to PPLNS he wanted to include a small exchange) and the webpage has always worked well. I'd hate to see another pool die, bleeding out slowly.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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os2sam
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January 25, 2013, 11:51:30 AM
 #15

I've got a strong loyalty, what can I say. I was looking at deepbit's PPS but meh.

You have got to be kidding?!?!

I love Deepbit for it's stability and reliability and did mine PPS on it a very long time ago, when it was the only one doing PPS.  But I have a hard time believing that anyone would pay 10% for PPS at this point in time.

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