[PicoStocks] 100TH/s bitcoin mine [100th]

[papamoi]

100TH is growing today.
Now: 109 TH/s

never too late while ghash.io is above one peta....

[RHA]

Now: 114 TH/s

[RHA]

We are also seeing more orphaned blocks than before - usually this was very rare.  Jared is looking into it.

Manifestation of someone selfish-mining?

No quite. Eclipse MC is similar in size and there are no orphans in last 50 blocks.
Maybe some network problems causing bad propagation to outside?

[gebir]

Slush's pool ~280TH/s                2013-11-08 17:05:18  ---> 2013-11-10 12:16:42   ---  20 blocks solved
Eclipse       ~120TH/s                2013-11-08 18:36:17  ---> 2013-11-10 11:16:47   ---    6 blocks solved
100 TH  (90-120TH/s)                2013-11-08 17:32:12  ---> 2013-11-10 13:17:00   ---    1 block  solved

Dave, Leszek - please comment

[kaerf]

Slush's pool ~280TH/s                2013-11-08 17:05:18  ---> 2013-11-10 12:16:42   ---  20 blocks solved
Eclipse       ~120TH/s                2013-11-08 18:36:17  ---> 2013-11-10 11:16:47   ---    6 blocks solved
100 TH  (90-120TH/s)                2013-11-08 17:32:12  ---> 2013-11-10 13:17:00   ---    1 block  solved

Dave, Leszek - please comment

+1

The behavior of the mine (based on dividend payouts) is fairly strange. Lately, we're seeing barely any blocks get solved. Previously, there was a consistent pattern of a "normal" hash rate day then a low hash rate day then a normal day..always averaging out to less than expected dividends.


I've asked a couple times already and would like to hear your thoughts on going back to full pooled mining.

[RHA]

Use Eligius - zero pool fees, readable stats, fees from transaction in blocks included in payments...

[filharvey]

What is happening, number of blocks found have dropped of heavily to ~2-3 a day. Also the last couple of dividends seem to be half what a block should be.

Phil

[bobboooiie]

Maybe little silly question to post here but can anyone tell me who operator of ghash.io is ?(his ID on bitcointalk)

[greaterninja]

Maybe little silly question to post here but can anyone tell me who operator of ghash.io is ?(his ID on bitcointalk)

.It is publicly on the internet...hint.  


Anyways, lets stay on topic.  As of 11/10/2013 @6:17pm  MST.  The 100TH mine is at ~123.4TH/s
As pointed out, there is also something wrong with dividend payouts and fees per share.  The dividends and fees are inconsistent in values.
At 123.4 TH/s....Thats about 236 MH/s per share.  If difficulty was held constant (which we know it will actually increase), $236 MH/s at .02BTC would take 96 days to ROI.  Since difficulty will actually increase it will take far more than 96 days to make ROI on .02btc/share

Even at 200TH or 385MH/s per share, it would take 58 days to make ROI if difficulty is held constant.   Again, difficulty will change every 10.x days.  So 58 days ROI on .02btc is highly unlikely.
It is in 200TH's best interests to increase hashrate to 500TH or 1000TH/s.  This would make the mine lucrative for the majority of its shareholders.  200Th is a little too late to the game.  The shares are statistically worth 0.02btc or less.

[jiefangqian]

yes

[iCEBREAKER]

Slush's pool ~280TH/s                2013-11-08 17:05:18  ---> 2013-11-10 12:16:42   ---  20 blocks solved
Eclipse       ~120TH/s                2013-11-08 18:36:17  ---> 2013-11-10 11:16:47   ---    6 blocks solved
100 TH  (90-120TH/s)                2013-11-08 17:32:12  ---> 2013-11-10 13:17:00   ---    1 block  solved

Dave, Leszek - please comment

This is ridiculous.  100TH is no longer sufficient for solo mining, nor is running a full node our core competence.

Get in a pool and stop wasting the hashes for which we've waited so long.

3% PPS at 50BTC is a great deal.  Take it!

[Isokivi]

3% is highway robbery and pps is for the mathematically impared. If you must "pool-up" then please consider bitmiter: ppnls 1% fees.

[iCEBREAKER]

3% is highway robbery and pps is for the mathematically impared. If you must "pool-up" then please consider bitmiter: ppnls 1% fees.

Bitminter is good too.

I like PPS because it's simple zero variance.  No (well, much less) math required to estimate hashrate.

Anything is better than wasting shares on orphans; that is adding insult to injury!

[finlof]

http://eligius.st/~gateway/ is 0%.

edit - if you look at the last pmt it came from a payout from slush's pool, so looks like they are at least mining some on slush's https://blockchain.info/tx/85791245bfa322ab92a01a1ddcab8c5d665465feed2f5fc203b55afcdec2cf48

edit2 - and there is some mining going on btcguild's pool based on this https://blockchain.info/tx/811b4265f68814acd32ddb80de4c64c524a3ccff55c2873b82122c63fee1d2cb

[RHA]

Now: 142 TH/s

[Bitweasil]

Now: 142 TH/s

As the network flirts with 5PH... :-/

[rPman]

Now: 142 TH/s

Hey, it's lie or mistake!
Current calculations via dividends (any owner's dividend log - https://picostocks.com/users/incomes/1325 ):

0,00002528   13.11.2013 0:40
0,00000259   12.11.2013 21:16
0,00004744   12.11.2013 7:55
0,00000086   12.11.2013 7:35
0,0000473   12.11.2013 6:04
0,00002528   11.11.2013 23:57
0,00009492   11.11.2013 22:19
0,00004733   11.11.2013 21:50
0,0000095   11.11.2013 18:50
0,00000022   11.11.2013 17:50
0,00004766   11.11.2013 10:41
0,00000151   11.11.2013 9:53
0,00002528   11.11.2013 4:25
0,00004731   11.11.2013 0:09
0,00004767   10.11.2013 21:45
0,00000391   10.11.2013 17:49
0,00002528   10.11.2013 11:43
0,00002528   09.11.2013 17:24
0,00000221   09.11.2013 12:47
0,0000016   09.11.2013 1:14
---------------------------
0,00052843   3,976574074   <-- dividend summ and interval in days
   
diff kk:   510,929
share GH/s:   0,135003508   <-- =(diff_kk*4294967296*summ_btc) / (25*3600*24*days_interval*1000)
total shares:   518271
total TH/s:   69,96840291   <-- =share_ghs*total_shares/1000

It's not fluctuation (such a low power last week), i am watching for it every day last months, and power of project no more 100th (except 2-3 days 155TH/s in 27 Sent 2013)

[RHA]

(edited)
I've calculated the dividends from the last three days (11th, 12th, 13th Nov) and they are equvalent to >124 TH/s, so it looks like fluctuations in 9th or 10th Nov.
(https://picostocks.com/stocks/bitcoins/19)

[rPman]

This 100th project power calculation. Data loaded from dividend log (any user), this data can't be different with total dividend log, or it was big midstake of 100th/picostocks.

Here is prepared data for building charts.
Next chart show project's power fluctuation between 6-09-2013 and 14-11-2013:

Brief:
* blue line - power calculated each 40 dividend (aprox. 4-5 days) for each dividend payment time
* red line - power calculation for each network difficulty change (most correct and usefull for calculating total dividend payment)

It's showed, that 100th project never reached for declared 100th. And of course for promised 200th, even for a short time.

[kaerf]

Here's what I have (some minor errors around diff changes)

(my numbers are based off of deposits to the dividend address)

The thing that I find strange is the consistent up and down between days. I'd expect a bit more variation...not sure what this pattern is attributed to.