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Author Topic: [CLOSED] MtRed (PPS, LP+, API, 0 FEE) STRATUM on mine.mtred.com:3333  (Read 166348 times)
Tomatocage
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brb keeping up with the Kardashians


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February 02, 2013, 05:22:51 PM
 #741

Oh damn, MtRed website is still down.

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ssateneth
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February 03, 2013, 08:43:25 AM
 #742

Heres some lifetime stats of mtred. Excuse the spikes on hashrate; Most of them are filtered out. The cause is mtred's web server would go down but some of the mining servers would stay up, so it would play catch-up and appear to have crazy high hashrate.

Credits go to wizkid057 for creating the graphs. Drag across part of a graph to zoom in. Double click to zoom out.
http://vpn.wizkid057.com/mtred/

dresdenreader
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February 03, 2013, 10:12:27 AM
 #743

Quick question. I've been moving around to different pools trying to figure out what the best rate of return is, and I keep finding that MtRed offers consistantly a higher PPS than any other pool.

However, that being said, I have two issues which continue to keep me looking at other pools:

1.) I don't think I've ever seen the Estimation section of the Dashboard ever give an accurate reading. This is kind of okay as it's just a visual issue really, but it bothers me that this calculation is always way off. I can see how I might be incorrect if I wasn't present for the entire 25.###### transaction, but even when I've been there from start to finish, the estimation is always at least 1/3rd to 1/2 higher than the actual payout.

2.) While the PPS may be the highest I've been able to see so far (including a 1-3% donation), its frustrating that the shares aren't awarded until after the entire section has been completed. I'm assuming that Mt. Red just doesn't have a system in place to allow BTC to be floated so I'm not really per se complaining about this, I was just curious as to why this option isn't available for this pool. I'm more so just wondering if this specific feature has been thought about. I could potentially see a feature like that making the pool more popular, especially when given that the PPS is still higher than say the guys over at 50BTC, and they generate about 7 times more speed than Red does.

Other than those two issues, I have to say that I really do like Mt. Reds pool! It was kind of cool being a redditor myself to see that not only do we have a pool, but that it's in the top ten of all pools out there. Additionally, all of the documentation on the Mt. Red website was good enough that I went from being confused about what specific options to use and miners to having a really easy grasp on how to setup miners for not just Mt. Red, but any other pool or just mining in general.



TLDR; Awesome pool is awesome, but I don't truly know how much BTC I will earn per block found until the block is found, since estimation always gives me wacky numbers and instant share credit isn't offered.

BTC - 16CCpAqNiuqVNkihfEY3UjDsR5UAFYbiMX
DARK LORD CTHULHU BE PRAISED - OFF - QgdYCLwJAE8CA287xUVi5Zkv6NN9PDaA78
https://bitcointalk.org/index.php?topic=294383.0
organofcorti
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Poor impulse control.


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February 03, 2013, 10:28:40 AM
 #744

TLDR; Awesome pool is awesome, but I don't truly know how much BTC I will earn per block found until the block is found, since estimation always gives me wacky numbers and instant share credit isn't offered.

The amount you earn is not based on how long MTRED takes to find a block. Every share you submit that is accepted by the pool is awarded the same amount (assuming you aren't using variable difficulty - otherwise you have to calculate is manually using cgminer's output). Assuming you're only submitting difficulty 1 shares, the amount you're paid will be:

B / D * ( 1 - f )
where:
B = the current bitcoin reward per block (25btc)
D =  the current network mining Difficulty (2968775.33), and
f = the fee or donation you're paying (if you pay a 3% donation, f = 0.03)

Just keep track of your shares and you'll now how much you should be paid.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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dresdenreader
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February 03, 2013, 10:40:10 AM
 #745

TLDR; Awesome pool is awesome, but I don't truly know how much BTC I will earn per block found until the block is found, since estimation always gives me wacky numbers and instant share credit isn't offered.

The amount you earn is not based on how long MTRED takes to find a block. Every share you submit that is accepted by the pool is awarded the same amount (assuming you aren't using variable difficulty - otherwise you have to calculate is manually using cgminer's output). Assuming you're only submitting difficulty 1 shares, the amount you're paid will be:

B / D * ( 1 - f )
where:
B = the current bitcoin reward per block (25btc)
D =  the current network mining Difficulty (2968775.33), and
f = the fee or donation you're paying (if you pay a 3% donation, f = 0.03)

Just keep track of your shares and you'll now how much you should be paid.

Oh, calculating this myself isn't really a problem, but as any other good redditor, I'm lazy. And I'm sure I'm not the only one. I think it's just the convenience factor when you compare feature parity of Mt Red with other pools (at least as far as web UI is concerned). I'm not saying that Mt Red has to be like all of the other pools out there, I'm just saying some of the features seen in those other pools do add value.

And something interesting that caught my eye in this thread specifically, it would actually make sense as to why the current estimation is consistently off (typically twice the amount than the actual payoff).

Anyone else notice the Estimation shown on the dashboard page isn't showing the right estimation? I don't think the code has been changed to reflect the reward halving.

Also, the PPS rate on the main page definitely appears wrong. Smiley

BTC - 16CCpAqNiuqVNkihfEY3UjDsR5UAFYbiMX
DARK LORD CTHULHU BE PRAISED - OFF - QgdYCLwJAE8CA287xUVi5Zkv6NN9PDaA78
https://bitcointalk.org/index.php?topic=294383.0
redditorrex
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Nom Nom Nom


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February 03, 2013, 11:14:50 PM
 #746

Yes, the main page and estimations are 2x more than they should be. 

This is addressed in the redesign; and if the 49ers win, I will upgrade us tomorrow.  Grin

Reddit Mining Team - MtRed.com = Pure PPS + #00GH/s + LP(+) + AutoPay&InstaPay + Audio Notifications
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purelithium
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February 03, 2013, 11:57:40 PM
 #747

Oh that's too bad, 'cause the Ravens are gonna take it!

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dresdenreader
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February 04, 2013, 03:53:33 AM
 #748

Yes, the main page and estimations are 2x more than they should be. 

This is addressed in the redesign; and if the 49ers win, I will upgrade us tomorrow.  Grin

Awesome! Glad to hear that.

What are your thoughts on instant share credit?

BTC - 16CCpAqNiuqVNkihfEY3UjDsR5UAFYbiMX
DARK LORD CTHULHU BE PRAISED - OFF - QgdYCLwJAE8CA287xUVi5Zkv6NN9PDaA78
https://bitcointalk.org/index.php?topic=294383.0
jddebug
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February 04, 2013, 10:24:59 AM
 #749

Please, Instant share credit as well as vardiff stratum.

I won't be able to mine with diff 1 shares once the asic's arrive and I'm using a lot of bandwidth even now.

Please add vardiff or ability to set my difficult for my workers.

Sorry about the 49er's. I was hoping they would will also.

Many thanks.

edit: spelling error and added 49er text.
JWU42
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February 04, 2013, 09:37:08 PM
 #750

+1 on Vardiff.  Glad to see stratum as an option (maybe by default).

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philips
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February 05, 2013, 11:43:59 PM
 #751

Small problem, I have 1BTC stuck in the processing stage since almost a day. No payments since then.

If I look on the Found Blocks list : https://mtred.com/blocks.html there are three blocks stuck on still waiting for 112, 87, 36 confirmations.
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February 06, 2013, 12:00:41 AM
 #752

Small problem, I have 1BTC stuck in the processing stage since almost a day. No payments since then.

If I look on the Found Blocks list : https://mtred.com/blocks.html there are three blocks stuck on still waiting for 112, 87, 36 confirmations.

Same here. I sent in a contact form but have not heard anything back yet.
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February 06, 2013, 12:03:17 AM
 #753

Just now I see that all previously stuck blocks are confirmed, redditorrex fixed it.

Thank you.
jddebug
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February 06, 2013, 12:16:12 AM
 #754

Just now I see that all previously stuck blocks are confirmed, redditorrex fixed it.

Thank you.

Same here, thanks.
jamesg
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AKA: gigavps


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February 06, 2013, 02:35:43 PM
 #755

I think this pool is about to hit 1Th....  Cheesy
dresdenreader
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February 06, 2013, 03:36:58 PM
 #756

I think this pool is about to hit 1Th....  Cheesy

That was rather cryptic, anything you'd like to share lol?

BTC - 16CCpAqNiuqVNkihfEY3UjDsR5UAFYbiMX
DARK LORD CTHULHU BE PRAISED - OFF - QgdYCLwJAE8CA287xUVi5Zkv6NN9PDaA78
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jamesg
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February 06, 2013, 04:11:59 PM
 #757

I think this pool is about to hit 1Th....  Cheesy

That was rather cryptic, anything you'd like to share lol?

Well, I moved over 200Gh this morning but then started having communication problems with the stratum pool so I pulled out until I can speak with the pool op.

False start if you will.
redditorrex
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February 06, 2013, 07:48:46 PM
 #758

Give me another couple of days, Im working on vardiff patches that should help you.

Reddit Mining Team - MtRed.com = Pure PPS + #00GH/s + LP(+) + AutoPay&InstaPay + Audio Notifications
Find us in #mtred @ irc.freenode.net
JWU42
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February 07, 2013, 02:37:45 AM
 #759

Im working on vardiff patches that should help you.

 Grin Grin Grin

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Ruu \o/


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February 07, 2013, 04:03:03 AM
 #760

Sweet on the vardiff! OOC did an analysis of variance and found that 20-24 shares per minute would keep it visibly within that of maintaining diff 1 shares so it seems a reasonable range to aim for 12-24 allowing some hysteresis on diff change. Note also that the spec for stratum specifies that when diff is changed, it is applied only to new work after that, as older work may be submitted at the old diff by mining software and this creates potential for lost work (when going down in diff) and rejects (when going up in diff).

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Pooled mine at kano.is, solo mine at solo.ckpool.org
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