[Closed] MineCo.in

[Wuked]

Mineco.in

Mineco is currently closed.

[1715616121]

1715616121

[1715616121]

1715616121

[kiwiasian]

Lol not even 1 GH/s.

[Wuked]

You've gotta start somewhere right ?

I've now added a JSON API, and forum signature for each user, available in the user account area.

It could possibly look a little bit nicer no ?

[Wuked]

Slowly getting more power signed up.

Many people have asked what kind of system we are running, is it a VPS etc?

It's not a VPS, it's running on dedicated server running just the pool.

Also people have asked about instant payouts - this feature is currently being added.

Come chat to use in #mineco on freenetnode !

[HeroMiner]

Awesome pool - just started mining here and didn't have a single stale share yet with 250 total submitted. I never got below at least 2% rejected shares on any other pool I tried.

Did you give the server steroids or whats going on Wuked? Very nice !

[Wuked]

From my tests I'm getting less than 0.01% stale rate on the shares.

I was getting about 2% on other pools I tested.

I would guess this is down to different versions of software, and hardware, and possibly the server load.

[Wuked]

Just to let everyone know, we will be offering a 5 BTC bonus to whomever finds our first block.

This money won't be from the pool reward, but from my own stash.

[kwukduck]

looks very good, i'll be joining soon

[wyze]

I'll be getting my 5830 up and running this afternoon, after I get home from work and I will throw it your way. It's not much, but every bit helps.

[AWOLRanger]

Wow, this pool has grown a great deal in the past day!!  And I have to believe we are close to finding our first block soon!! And I would love to be the one that gets lucky and finds it!! lol

[klaaster]

5 BTC was a nice carrot, power grows. Good luck to all 

[grue]

Wow, this pool has grown a great deal in the past day!!  And I have to believe we are close to finding our first block soon!! And I would love to be the one that gets lucky and finds it!! lol

you clearly do not understand how mining works.

[AWOLRanger]

Wow, this pool has grown a great deal in the past day!!  And I have to believe we are close to finding our first block soon!! And I would love to be the one that gets lucky and finds it!! lol

you clearly do not understand how mining works.

LOL, I am still very new to this, to be sure.

[zerokwel]

Once I get my new card I will for sure point one In this direction

[grue]

Wow, this pool has grown a great deal in the past day!!  And I have to believe we are close to finding our first block soon!! And I would love to be the one that gets lucky and finds it!! lol

you clearly do not understand how mining works.

LOL, I am still very new to this, to be sure.

The outcome of each hash is independent of any hashes that are before it. in other words, after hashing for one year (and not getting anything), the chances of you getting a block is still the same.

[Freakin]

wow up to 10GH already in a day! 

Nice work and nice bounty

[kwukduck]

i also get much less stale/reject then in previous pool

[AWOLRanger]

Wow, this pool has grown a great deal in the past day!!  And I have to believe we are close to finding our first block soon!! And I would love to be the one that gets lucky and finds it!! lol

you clearly do not understand how mining works.

LOL, I am still very new to this, to be sure.

The outcome of each hash is independent of any hashes that are before it. in other words, after hashing for one year (and not getting anything), the chances of you getting a block is still the same.

I did not realize that, thanks!

[RedLine888]

AAAA!

my 1.7 GH\s rig wants to find the 1st block.

[LHutz]

I'm in :3

[BtcNmcMiner]

Well, I've been in since sometime between 8 and 10 am CST this morning , just couldn't  post on here until now. Mu user on the pool is IWant Coins.


Between two miners I have 2665 shares accepted and only 14 stale, about .5%  Cool!!

I think I'm going to be sticking with this pool for awhile. My estimated reward keeps rising nicely too, up to about .4 btc for a little over 12 hours of mining at 270-280 Mhash/s

Good luck on the first block everyone

[Wuked]

That's good to hear.

I am thinking about adding a 0.5 BTC bonus to the finder of each block, what do people think about that ?

[luffy]

That's good to hear.

I am thinking about adding a 0.5 BTC bonus to the finder of each block, what do people think about that ?

i think the finder should take the blocks' fees

i have noticed some random disconnections like "miner is idle".
where is the server's location?

[Reikoku]

Adding ~1.8GH to this today as Eligius isn't working properly. Hopefully get that 5BTC.

I also like the idea that the finder gets that block's fees as a reward.

[Sukrim]

Oh look, another proportional pool for Multipool!

[Wuked]

Oh look, another proportional pool for Multipool!

We are discussing a method for combatting this.

We are currently monitoring all users hashrates over a certain period. It's possible we could use this as an indication of how much to pay each user.

[luffy]

what is wrong with this formula?
BlockReward (50BTC+fees)) * (Shares found by you / total shares for this round)
i find it most fair!

p.s. the miners' downtime is most annoying

[Reikoku]

Oh look, another proportional pool for Multipool!

We are discussing a method for combatting this.

We are currently monitoring all users hashrates over a certain period. It's possible we could use this as an indication of how much to pay each user.

Consider a score based system so later shares are worth more than earlier?

That's what Slush uses and it's pretty perfect for 24/7 miners.

[luffy]

i really dislike this "score" method!
a share is a share no matter when it was submitted. it is a proof of work and as this should be valued
the same as every share out there!

[Reikoku]

luffy, with that system, you can avoid long blocks and only mine the whole block on short ones, this makes it more profitable for you (and less for everyone else).

[HeroMiner]

Exactly, the "score" method is the way of the future and its the most fair one. Especially now that Multipool offers an easy way to exploit the regular proportional pools.

[Faraday]

Have added my 1GH to your server  

Suggestions for the web ui:

Hashrate display for workers. Average of the last 10 minutes maybe?
Stale share display for workers.
Option to reset worker data

Thats all i can think of for now.. great work with the pool

Edit: Website now seems to be down? Miners are still going.

[Reikoku]

I should now be on a move from 800MH to 1.8GH. Here's hoping we dig up a block soon!

[ulee]

Hi, something isn't working.
My "Estimated Reward this round" stays at 0.0 BTC, despite the worker stats are counting shares.

[Wuked]

Sorry guys I was just changing a few things on the web front end - your estimated reward should show again in a second.

Nice Suggestions Faraday, I have those stats - but I'm just trying to optimise some scripts because it takes a long time to build them.

[useful_idiot]

Throwing you 2.5ghashes under the guise of saucy.

Can you add support to change worker passwords and a way to view all worker stats easily from a mobile device? I always like to check on my miners from my phone.

cheers.

[gll]

are you still getting 0% stales?!

i dont care about all other stuff

thanks

[Digigami]

not 0%, but reports are anywhere between 0.1 - 1.0%

edit - i'll add, with ~1250MH/sec I'm at 0.26%

[nuclearstar]

looks like you found a block. gj

I got only 2 stale shares out of 1300 total

[Faraday]

First block! Good stuff 

[iopq]

First block! Good stuff 

yeah, too bad it wasn't me :O

[BtcNmcMiner]

Wasn't me either, but 0.47 BTC for a little over one day of mining with 250 Mhash/s isn't too shabby. I only had .7% stale shares too  , I'm already up to 9.5% in the namecoin pool with one miner at 75 Mhash/s Findina a second block soon would be cool! my estimated reward right now is 14BTC and slowly falling. I think I'm going to go buy a second 5770 that I found on Craigslist for $80 ans nearly double my hashrate

[Sukrim]

Oh look, another proportional pool for Multipool!

We are discussing a method for combatting this.

We are currently monitoring all users hashrates over a certain period. It's possible we could use this as an indication of how much to pay each user.

I would then either have a long "tail" of payouts (if you average hash rate on long timers) this making everyone pay for past miners for some time or (if it's shorter than it takes the pool on the current difficulty) still enable hopping.

A working + proven scoring method has been published. Use it!

[Faraday]

I am thinking about adding a 0.5 BTC bonus to the finder of each block, what do people think about that ?

I think that would be a great idea, would maybe bring a new users to the pool  

Also i like the graphs displaying hashrate of the workers, nice!

[Wuked]

Great news guys, we just paid out for the first matured block!

Enjoy your rewards and keep up the good work

[Mousepotato]

I keep getting a lot of "Work queue empty, miner is idle" messages.  Any way around this?

[Wuked]

What software are you using? Have you tried any others?

[Mousepotato]

Only tried phoenix so far. I will try guiminer when I get home.

[Wuked]

Found our second block this morning, should mature in a few hours

Keep up the good work !

[nuclearstar]

nice.
got over half a coin estimated for the 2nd block a lot more than i get from deepbit for my 330mhash/s

Any idea when the submitted shares value would be fixed for induvidual accounts?

[Wuked]

Shouldn't take long - I just need to change some code - it was slowing down that page so much!

[morr]

All pages seem to work smoothly now, much faster than yesterday.

[Wuked]

Good to hear!

The second block has matured and been paid out.. The 3rd should be ready by the morning

[Mousepotato]

I'm still getting about 50% "Work queue empty, miner is idle" messages.  So it effectively cuts my hash rate in half.  Any way to solve this?

[Wuked]

Using Phoenix ?

I'm using GUIMiner and Phoenix and not having any problems.

What's your location ?

[Grouver (BtcBalance)]

Also mining with you guys.
I hope the 1 BTC payout limit gets lowered.

Thanks

[Wuked]

The 1BTC is not a limit, that's just the default!

You can enter something lower!

[Grouver (BtcBalance)]

The 1BTC is not a limit, that's just the default!

You can enter something lower!

Oh, then i did something wrong when trying to change it.
I set it to 0.01 now.
Thanks a bunch.

EDIT:
Maybe iam stupid.
But I cannot find the payout button.
I also can not find anything about how to payout in the Beginners guide.

[padrino]

Wow, this pool has grown a great deal in the past day!!  And I have to believe we are close to finding our first block soon!! And I would love to be the one that gets lucky and finds it!! lol

you clearly do not understand how mining works.

LOL, I am still very new to this, to be sure.

The outcome of each hash is independent of any hashes that are before it. in other words, after hashing for one year (and not getting anything), the chances of you getting a block is still the same.

Ummm, it's a fine point but double check what you are saying.. If the clock always starts at each block then yes the chance for everyone is equally proportional to the hashing power they have. If the clock starts 1 year ago the "chance" is significantly higher at that point.

[Wuked]

The 1BTC is not a limit, that's just the default!

You can enter something lower!

Oh, then i did something wrong when trying to change it.
I set it to 0.01 now.
Thanks a bunch.

EDIT:
Maybe iam stupid.
But I cannot find the payout button.
I also can not find anything about how to payout in the Beginners guide.

As soon as you get some confirmed reward ( you currently have 0 confirmed rewards ) then you'll get the payment automatically from the pool!

[figvam]

Wuked
What's your incentive for running the pool? You don't charge any fees, and you don't seem to get any rewards from it. Or do you plan to introduce fees or perks later?

[Wuked]

I discovered bitcoin, and I wanted to make some software for it - so I made the pool I was mining on someone else's pool, and it was fine - but I wanted the challenge of making my own.

I'm not charging any taxes on it because I'm using reclaimed hardware and it's hosted with the company I work for.

I've told the members in our chatroom, that if we do need to expand on hardware in the future then I will introduce a tax to cover the cost of that, and if I ever get into the position where it's taking up a large amount of my time then the same may apply.

Come join is in #mineco if you want to know more!

[Reikoku]

Wuked, can we get a JSON API for workers so that we can check if our miners are still submitting shares?

[Grouver (BtcBalance)]

I wonder why: "Estimated Reward this round" is after 2 days of mining still set to the same number.

[Wuked]

Because you still have the same % of the block that hasn't been found yet? Unfortunately this is a block that is over the difficulty rating, and so we are "unlucky" this round.

[Wuked]

Saying that... I've just fixed a bug - it should be more accurate now.

[Grouver (BtcBalance)]

This block is a tough one.
This pool needs more GHash/s!

[yigga]

This blog is a though one.
This pool needs more GHash/s!

indeed it is...

this pool needs more luck ^^

[Wuked]

Added more info to the users JSON API so you can monitor your workers.

[Grouver (BtcBalance)]

Wow this block is really taking a long ass time.
Over 2 days now with 25/30 Gh/s.

[dan_a]

I've just added my puny amount of power to the pool (1 x ION2 @ 3.5MH/s and 20 x CPUs each @ 1MH/s.)  I'm sure that'll help crack this block!

[Grouver (BtcBalance)]

I can btw not change the payout value to below 1.0.
Each time it switches back to 1.0 if I fill in my current password to confirm and press the update button.
Please fix this.

[Wuked]

Hello,

I cannot replicate your problem, what does it say after you click update?

[Grouver (BtcBalance)]

Hello,

I cannot replicate your problem, what does it say after you click update?

Never mind, for some odd reason it worked now.
Again.. this block is a pain in the ass and is making me want to leave this pool.

[Wuked]

Relax, we'll get there eventually

[rearwheels]

Hi all,

I've added Mineco.in to btc-poolwatch. If you guys mines on multiple pools, this will provide a 1 page view of all your miner's status.

Please try it out. http://www.btc-poolwatch.com

Tom, Thanks for the heads up on your pool.

Regards,
Koo

[TiWu]

Over 3 days already... 
We quickly need more power! Join us!

[Lugard]

Wow... incredibely hard block.  Meh... who knows, maybe the next one will be 20 minutes

[Lugard]

BTW Wuked, wanted to thank you for putting this pool together.  I like the idea of smaller pools rather than the gargantuan ones currently around... I hope more people follow   Ill be sticking around.

[Reikoku]

Just hit our 4th block after 3 days, then 5th after 11 minutes.

HOPING NO INVALIDS!

[redditorrex]

Gotta love that Lady Luck

[Wuked]

Wow... incredibely hard block.  Meh... who knows, maybe the next one will be 20 minutes

You weren't far wrong

[Grouver (BtcBalance)]

Finnaly...

Btw... what the hell.
I changed my payout to 0.3.
Yesterday it changed to it.
And now its 1.0 again.

I change it to 0.3 fill in my password to confirm, hit submit and then it says i updated my account succesfully.
I logout, login and I switch to Edit details.
And then again its still set to 1.0

Yes, something is wrong.


EDIT:

Now again its set to: 0.10000000 without me filling this in.
I have a 0.3 reward in my mineco account but nothing is happening?
While you said that if you recceive a reward it will automaticly payout based on the amount you have set in your mineco account.
Its set to 0.1 now.. but why nothing is happening?
I just feel something is wrong.


So yeah...
How can i get my bitcoins to my wallet?

[PandaMiner]

what is wrong with this formula?
BlockReward (50BTC+fees)) * (Shares found by you / total shares for this round)

Its syntax and "+" is wrong. But that's it.  

It should be: [added spaces for readability]

(50 BTC - fees) * (Your Shares / Total Shares Per Round)

[ottodv]

I did some low hashrate testing of Mineco.in comparing it against Deepbit (with all things being equal except the pool).
These are the results in the order in which I tried running against both pools:

Deepbit: [50 Accepted] [0 Rejected]
Mineco.in: [27 Accepted] [13 Rejected]
Deepbit: [39 Accepted] [0 Rejected]
Mineco.in: [18 Accepted] [12 Rejected]
Deepbit: [13 Accepted] [0 Rejected]

Something is causing a very high number of rejects on Mineco.in.

[klaaster]

Could you post the pings to both?

[ottodv]

Could you post the pings to both?

$ ping -c 5 mineco.in
PING mineco.in (77.72.0.50) 56(84) bytes of data.
64 bytes from server.wuked.co.uk (77.72.0.50): icmp_req=1 ttl=47 time=60.7 ms
64 bytes from server.wuked.co.uk (77.72.0.50): icmp_req=2 ttl=47 time=63.8 ms
64 bytes from server.wuked.co.uk (77.72.0.50): icmp_req=3 ttl=47 time=72.4 ms
64 bytes from server.wuked.co.uk (77.72.0.50): icmp_req=4 ttl=47 time=60.4 ms
64 bytes from server.wuked.co.uk (77.72.0.50): icmp_req=5 ttl=47 time=56.3 ms

--- mineco.in ping statistics ---
5 packets transmitted, 5 received, 0% packet loss, time 4005ms
rtt min/avg/max/mdev = 56.399/62.772/72.445/5.387 ms


$ ping -c 5 deepbit.net
PING deepbit.net (46.4.121.118) 56(84) bytes of data.
64 bytes from static.118.121.4.46.clients.your-server.de (46.4.121.118): icmp_req=1 ttl=51 time=60.1 ms
64 bytes from static.118.121.4.46.clients.your-server.de (46.4.121.118): icmp_req=2 ttl=51 time=74.9 ms
64 bytes from static.118.121.4.46.clients.your-server.de (46.4.121.118): icmp_req=3 ttl=51 time=63.6 ms
64 bytes from static.118.121.4.46.clients.your-server.de (46.4.121.118): icmp_req=4 ttl=51 time=58.0 ms
64 bytes from static.118.121.4.46.clients.your-server.de (46.4.121.118): icmp_req=5 ttl=51 time=70.8 ms

--- deepbit.net ping statistics ---
5 packets transmitted, 5 received, 0% packet loss, time 4005ms
rtt min/avg/max/mdev = 58.033/65.516/74.918/6.405 ms

[klaaster]

Strange, I expected your ping would be higher to mineco.in.
Then however it maybe is related directly to the pool.

[Wuked]

No one else is reporting the same problem as you are.

1) What's your location
2) What's your hash speed ?
3) What mining software are you using?

[ottodv]

Answers to your questions:

1. Estonia
2. 56 MH/s
3. Phoenix

[PandaMiner]

Hey Wuked, try and put a password recovery script on the site.  My browser knows it, but when I want to make a change, I need to type it in manually, and I have forgotten it.  I have changed a lot of passwords this past week and I didn't keep track of them all. Sigh.

Also, it would be cool if you could link your logo to the "dashboard" or "home" page.

dave

[Wuked]

Hi Dave,

try https://mineco.in/users/password/new ?

[PandaMiner]

Nevermind... I was able to hack my firefox to get my password.

Thanks for the reply.




EDIT:  YES!!! We solved another block.  I think it was lucky, because it was LESS shares than the difficulty rating of 1.3MM.

[Wuked]

Answers to your questions:

1. Estonia
2. 56 MH/s
3. Phoenix

Can I ask, did you try a different miner to see if there was a problem with them too ?

[spiccioli]

Wuked,

I'm testing mineco.in since last night, I have two miners on it, looking at my miners I have submitted more or less 3600 shares, but my account statistics show a lot less of them

# Current rate: 49 GH/s
# Time: 0 days 08:34:05
# Total Shares: 339234
# Difficulty: 1379192
# Server Load: Low
# Your Shares 2362 (0.6963 %)
# Your Reward: 0.34835371 BTC

I'm subtracting stale shares, of course.

Is this page updated seldomly or what?

Regards.

spiccioli.

[Wuked]

That count is your shares for this round only, not your total shares ever.

Since we found a block around 7 hours ago, your local count will contain shares from the old block as well as the new block, whereas the count on the site is only since 3:30am this morning!

[spiccioli]

That count is your shares for this round only, not your total shares ever.

Since we found a block around 7 hours ago, your local count will contain shares from the old block as well as the new block, whereas the count on the site is only since 3:30am this morning!

Thanks, I did not realize this simple issue... time to take a sleep

spiccioli.

[iopq]

what is wrong with this formula?
BlockReward (50BTC+fees)) * (Shares found by you / total shares for this round)

Its syntax and "+" is wrong. But that's it.  

It should be: [added spaces for readability]

(50 BTC - fees) * (Your Shares / Total Shares Per Round)

as I understand it, transaction fees are actually being distributed in this pool
when bitcoins will start being mined at 25, then 12.5, then 6.25 this will become even more important as they will be a larger percentage of the earnings of miners
and eventually, that's all that miners will be able to gain

[ottodv]

Can I ask, did you try a different miner to see if there was a problem with them too ?

No I haven't tried another miner with your pool. I am past the stage of selecting a miner, phoenix worked best on my hardware (both my test miner and mining rig).

You should be able to see what happened on your side, I was mining with the same userid as here.

Here's the output of a new test run on Mineco:

[25/06/2011 19:55:32] Phoenix 1.50 starting...
[25/06/2011 19:55:32] Connected to server
[25/06/2011 19:57:02] Result: 62c6f925 accepted       
[25/06/2011 19:57:54] Result: 30684065 rejected       
[25/06/2011 19:58:24] Result: 13cdb784 accepted       
[25/06/2011 19:59:46] Result: 976a1610 accepted       
[25/06/2011 19:59:54] LP: New work pushed             
[25/06/2011 20:01:16] Result: 8689744b accepted       
[25/06/2011 20:01:27] LP: New work pushed             
[25/06/2011 20:02:41] Result: 5914ff59 rejected       
[25/06/2011 20:04:57] Result: cb3fea61 rejected       
[25/06/2011 20:05:12] Result: 164095d5 rejected       
[25/06/2011 20:05:51] Result: cd6abaae accepted       
[25/06/2011 20:07:35] Result: 198865d6 rejected       
[25/06/2011 20:08:24] LP: New work pushed             
[25/06/2011 20:09:07] Result: fb5b1a31 accepted       
[25/06/2011 20:09:33] Result: c39b0007 accepted       
[25/06/2011 20:10:19] Result: 2f02d9d0 accepted       
[25/06/2011 20:10:20] Result: e96fc0a6 accepted       
[25/06/2011 20:11:04] Result: 8d1a4382 accepted       
[25/06/2011 20:11:07] Result: eacb3665 accepted         
[25/06/2011 20:11:58] Result: 26954655 rejected         
[25/06/2011 20:12:27] Result: 30f374bd accepted         
[25/06/2011 20:14:07] Result: 4c8cd1b9 accepted         
[25/06/2011 20:17:02] Result: dac52cce rejected         
[25/06/2011 20:19:35] Result: 32c9f5b9 rejected         
[25/06/2011 20:20:01] Result: 2c64d9dc accepted         
[25/06/2011 20:20:29] LP: New work pushed               
[25/06/2011 20:21:40] Result: 1c17fbf1 accepted         
[25/06/2011 20:22:16] Result: 82f1de3f accepted         
[25/06/2011 20:23:15] Result: 0ed195e9 accepted         
[25/06/2011 20:24:32] LP: New work pushed               
[25/06/2011 20:25:00] Result: 1fbb1829 accepted         
[25/06/2011 20:26:51] Result: f752da45 rejected         
[25/06/2011 20:27:07] Result: d45f3c48 accepted         
[25/06/2011 20:27:57] Result: 91c5a84b rejected         
[25/06/2011 20:28:13] Result: 852d4ca6 rejected         
[25/06/2011 20:30:39] Result: 2ca456e2 rejected         
[25/06/2011 20:31:10] Result: 386dfe17 rejected         
[25/06/2011 20:33:22] LP: New work pushed               
[25/06/2011 20:33:48] Result: 621ffc6a accepted         
[25/06/2011 20:35:15] Result: cc6e21ac accepted         
[25/06/2011 20:35:35] Result: 7df9b8c8 rejected         
[25/06/2011 20:36:07] LP: New work pushed               
[25/06/2011 20:36:43] Result: dd6e14a7 accepted         
[56.47 Mhash/sec] [22 Accepted] [14 Rejected] [RPC (+LP)]

[figvam]

I can confirm Diablo miner has a problem with the pool. Here's a part of the log to give an idea:

[6/25/11 7:07:00 PM] Accepted block 131 found on ATI RV730 (#1)             
[6/25/11 7:08:49 PM] Accepted block 132 found on ATI RV730 (#1)             
[6/25/11 7:09:55 PM] Accepted block 133 found on ATI RV730 (#1)             
[6/25/11 7:18:11 PM] Accepted block 134 found on ATI RV730 (#1)             
[6/25/11 7:19:49 PM] Rejected block 87 found on ATI RV730 (#1)               
[6/25/11 7:23:08 PM] Rejected block 88 found on ATI RV730 (#1)               
[6/25/11 7:31:47 PM] Rejected block 89 found on ATI RV730 (#1)               
[6/25/11 7:33:31 PM] Rejected block 90 found on ATI RV730 (#1)               
[6/25/11 7:37:07 PM] Rejected block 91 found on ATI RV730 (#1)               
[6/25/11 7:38:18 PM] Rejected block 92 found on ATI RV730 (#1)               
[6/25/11 7:38:45 PM] Rejected block 93 found on ATI RV730 (#1)               
[6/25/11 7:39:34 PM] Accepted block 135 found on ATI RV730 (#1)             
[6/25/11 7:45:34 PM] Accepted block 136 found on ATI RV730 (#1)             
[6/25/11 7:47:37 PM] Accepted block 137 found on ATI RV730 (#1)             
[6/25/11 7:49:01 PM] Rejected block 94 found on ATI RV730 (#1)               
[6/25/11 7:49:40 PM] Rejected block 95 found on ATI RV730 (#1)               
[6/25/11 8:05:10 PM] Rejected block 96 found on ATI RV730 (#1)

with the total stats:

mhash 30.1/30.3 | accept: 145 | reject: 108 | hw error: 0

Phoenix, poclbm and friends work good. Maybe it's Diablo software problem...

[Wuked]

No I haven't tried another miner with your pool. I am past the stage of selecting a miner, phoenix worked best on my hardware (both my test miner and mining rig).

You should be able to see what happened on your side, I was mining with the same userid as here.

Here's the output of a new test run on Mineco:

Your shares are failing with the error "unknown work" - I'm not 100% sure this means, but that's the error pushpool is giving

[Reikoku]

what is wrong with this formula?
BlockReward (50BTC+fees)) * (Shares found by you / total shares for this round)

Its syntax and "+" is wrong. But that's it.  

It should be: [added spaces for readability]

(50 BTC - fees) * (Your Shares / Total Shares Per Round)

Plus is correct, this refers to the transaction fees associated with the block, which are distributed on mineco.in.

[Reikoku]

I did some low hashrate testing of Mineco.in comparing it against Deepbit (with all things being equal except the pool).
These are the results in the order in which I tried running against both pools:

Deepbit: [50 Accepted] [0 Rejected]
Mineco.in: [27 Accepted] [13 Rejected]
Deepbit: [39 Accepted] [0 Rejected]
Mineco.in: [18 Accepted] [12 Rejected]
Deepbit: [13 Accepted] [0 Rejected]

Something is causing a very high number of rejects on Mineco.in.

On my two miners (Mineco.in) I'm currently at:

[286 Accepted] [1 Rejected]
[291 Accepted] [0 Rejected]

Using phoenix with phatk BFI_INT VECTORS FASTLOOP=false WORKSIZE=128

[ottodv]

Your shares are failing with the error "unknown work" - I'm not 100% sure this means, but that's the error pushpool is giving

I just ran a much shorter test on another new pool (ArsBitcoin), with just 8 submitted shares, 3 where rejected.
It's strange that this doesn't happen on Deepbit but does on 2 new pools....

[Wuked]

I guess it's possible that we are running newer versions of pushpool and there could be an issue with some specific versions of software / pushpool ?

[lll]

  What with a site?
Why it is not worked?

[HeroMiner]

What with a site?
Why it is not worked?

LuL.

[lll]

as far as do we count a long block ? got tired

[PandaMiner]

Plus is correct, this refers to the transaction fees associated with the block, which are distributed on mineco.in.

I thought "fees" were the site's fees (or cut of the block). That's how no percentage pools work(ed). 

Are the block fees (paid to the block finder/pool) always the same?

[iopq]

Plus is correct, this refers to the transaction fees associated with the block, which are distributed on mineco.in.

I thought "fees" were the site's fees (or cut of the block). That's how no percentage pools work(ed). 

Are the block fees (paid to the block finder/pool) always the same?

no, it depends on whether transactions are sent for free or with a fee

[Wuked]

New block just started if people are looking for a good time to get on board!

[lll]

Dear Wuked, how to conclude a block an extent 3 days - from you appeals it was not heard, and on a new block you call new. Do you consider that conclude large blocks those, whoever a money need? A policy for you is not correct

[Wuked]

Dear Wuked, how to conclude a block an extent 3 days - from you appeals it was not heard, and on a new block you call new. Do you consider that conclude large blocks those, whoever a money need? A policy for you is not correct

I'm sorry but I have trouble understanding what you are asking ?

[dan_a]

Dear Wuked, how to conclude a block an extent 3 days - from you appeals it was not heard, and on a new block you call new. Do you consider that conclude large blocks those, whoever a money need? A policy for you is not correct

I'm sorry but I have trouble understanding what you are asking ?

I think he (or she) is saying that when we had a block that took 3 days to crack you weren't telling people it was a good time to join in... but now you are almost inviting poolhoppers...

[HeroMiner]

I think he (or she) is saying that when we had a block that took 3 days to crack you weren't telling people it was a good time to join in... but now you are almost inviting poolhoppers...

Ppl can see that we are on a new block anyway. Its just that some miners where switching pools because of that long block and we could need new blood to replace them - I believe that was Wukeds intend.

So come and join in if you're not a pool hopper - we have a great community on IRC going too .

[lll]

dan_a   got it right, when a large block was all threw, and I mining, when new - come all

[lll]

I - the leader in the pool. From the beginning of the block - The current rate of 55 Gh / s at the end of 32 Gh / s. all run away to other pools. To be paid only to those who extracts the block at least 90%. It will be fine. rightly

[Wuked]

We are talking on IRC about implementing something to stop pool hopping - come talk to us if you want III.

At the end of the block, if you were the leader then you would have had the most shares, and the most reward. The people who left would have had less reward.

I was telling people now is a good time to join because lots of people said they prefer to join the pool when a new block is started so they don't lose out in the changeover. I'm not trying to promote pool hopping, just letting people know if they want to move, then now was a good time

Hope that makes sense, and hope you come back to the pool!

[spiccioli]

Hi Wuked,

there is one thing right now that I don't understand: I've got two miners minining on your pool, one miner shows new blocks being pushed at him, the other one no:

Code:

[29/06/2011 18:12:01] Result: 6534e5a1 accepted
[29/06/2011 18:12:06] Result: 96bd51b3 accepted
[29/06/2011 18:13:00] Result: 86d708b5 accepted
[29/06/2011 18:13:07] Result: 636ac516 accepted
[29/06/2011 18:13:44] Result: 913e8bfa accepted
[29/06/2011 18:14:31] Result: c63c7cbf accepted
[29/06/2011 18:14:35] Result: 28075375 accepted
[29/06/2011 18:15:47] Result: 5f149fad accepted
[29/06/2011 18:16:32] Result: 37fcc065 rejected
[29/06/2011 18:16:52] Result: 609ab421 rejected
[29/06/2011 18:16:57] Result: 711db1ca accepted
[29/06/2011 18:17:30] Result: 68321545 rejected
[29/06/2011 18:17:30] Result: f2693230 rejected
[29/06/2011 18:17:30] Result: 6c1fae92 rejected
[29/06/2011 18:17:36] Result: a68caff6 accepted
[29/06/2011 18:17:51] Result: 97b88264 accepted
[29/06/2011 18:17:51] Result: f61f2e82 accepted
[29/06/2011 18:18:02] Result: d674f61c accepted
[29/06/2011 18:18:37] Result: ed3090dc accepted
[29/06/2011 18:18:53] Result: 69d671f2 rejected
[29/06/2011 18:19:00] Result: fcade0f3 accepted
[29/06/2011 18:19:18] Result: 47a0239a accepted
[29/06/2011 18:20:28] Result: f85f23fa accepted
[29/06/2011 18:20:41] Result: 4dc76b9f accepted
[29/06/2011 18:21:09] Result: c532aec5 accepted
[29/06/2011 18:21:23] Result: 0ddf5b21 accepted
[29/06/2011 18:22:26] Result: a7523e8b accepted
[29/06/2011 18:22:30] Result: d89d0688 accepted
[29/06/2011 18:22:54] Result: 0f016d3c accepted
[174.91 Mhash/sec] [6067 Accepted] [437 Rejected] [RPC (+LP)]

Code:

[29/06/2011 18:13:12] Result: e3eebc98 accepted
[29/06/2011 18:13:36] Result: 4a441773 accepted
[29/06/2011 18:14:02] LP: New work pushed
[29/06/2011 18:15:00] Result: 4ab68237 accepted
[29/06/2011 18:16:04] Result: 3c51cc96 accepted
[29/06/2011 18:16:30] LP: New work pushed
[29/06/2011 18:16:59] Result: 92167858 accepted
[29/06/2011 18:17:01] Result: 07817052 accepted
[29/06/2011 18:17:01] Result: 19862239 accepted
[29/06/2011 18:17:03] LP: New work pushed
[29/06/2011 18:17:14] LP: New work pushed
[29/06/2011 18:17:33] Result: e5da9690 accepted
[29/06/2011 18:17:45] Result: 3a09173a accepted
[29/06/2011 18:18:30] Result: 773ffcb7 accepted
[29/06/2011 18:18:45] Result: e6fc3e24 accepted
[29/06/2011 18:19:13] Result: db4dbad2 accepted
[29/06/2011 18:20:40] Result: 44d3fbfa accepted
[29/06/2011 18:20:57] Result: 28131968 accepted
[29/06/2011 18:21:01] Result: 4f5ca2f2 accepted
[29/06/2011 18:21:41] Result: 4e5a6615 accepted
[29/06/2011 18:22:19] Result: e21a7432 accepted
[29/06/2011 18:22:25] Result: 8db61f94 accepted
[29/06/2011 18:22:34] Result: 3bfff74f accepted
[29/06/2011 18:23:21] Result: 2d748ac4 accepted
[29/06/2011 18:23:21] Result: 7b186eb6 accepted
[29/06/2011 18:23:25] Result: 427a768f accepted
[29/06/2011 18:23:25] Result: 33500def accepted
[29/06/2011 18:24:11] Result: 3f52e36a accepted
[29/06/2011 18:24:18] Result: 812cd158 accepted
[192.90 Mhash/sec] [544 Accepted] [32 Rejected] [RPC (+LP)]

They're running on the same rig, so the clock is the same for both of them, using two different accounts; how is it possible that at 18:14:02, for example, one of them does not receive a new block? Miners on other pools all received a new block with a +-1 second accuracy.

The one that is not receiving new blocks is not hanged, as it can be seen from its clock. They're both phoenix 1.5

Regards.

spiccioli.

[Wuked]

Hello,

Is the same thing still happening?

[spiccioli]

Hello,

Is the same thing still happening?

Hi,

if you're asking me, yesterday around 23:14 UTC+2 all my miners went idle but I did find they were sleeping only this morning and then I rebooted my rigs.

Right now they're working ok, I'll report back if it happens again.

spiccioli

[gentakin]

For me, phoenix never worked reliably with network connections. Long Polling would die after a few hours every time (=> no more LP: work pushed). And sometimes it would fail to get new work from the pool, sitting idle until restart.

So maybe you should try poclbm+phatk and see if it works.

[DiabloD3]

For me, phoenix never worked reliably with network connections. Long Polling would die after a few hours every time (=> no more LP: work pushed). And sometimes it would fail to get new work from the pool, sitting idle until restart.

So maybe you should try poclbm+phatk and see if it works.

Or use DiabloMiner which has much better networking code.

[Wuked]

dum dum dum, another block bites the dust... another block down, another block down... another block bites the dust!

[PandaMiner]

dum dum dum, another block bites the dust... another block down, another block down... another block bites the dust!

That's awesome. Remember when we were at 40GH?

[lll]

Dear, Wuked. Do please at changing of password in profile necessarily through e-mail and kapcha at changing of password. Thank you. We will wait

[yigga]

i like how the graph shows that this pool is used by a couple of poolhoppers...

[Wuked]

i like how the graph shows that this pool is used by a couple of poolhoppers...

Actually we have a user who has around 10GH of speed, but is having problems with his power and his internet connectivity. That has caused most of the spikes in the graph as 10GH is over 10% of the pool.

However lots of people are swapping over when a new block starts, and most are staying. Obviously there is some pool hopping going on, but very low scale.

[PandaMiner]

I'm getting 1.9% stales with minecoin, yet 0.1% with another pool.  Is there something going on?

[elrock]

I've been getting about 5% stale shares for the past several hours -- much higher than on any other pool.

[yigga]

I've been getting about 5% stale shares for the past several hours -- much higher than on any other pool.

same here

EDIT: is this our first invalid block? http://blockexplorer.com/block/0000000000000b93a14601382adc58f702742afc9fc9a0636ca8cec2a0f8873f

[burp]

I've been getting about 5% stale shares for the past several hours -- much higher than on any other pool.

same here

EDIT: is this our first invalid block? http://blockexplorer.com/block/0000000000000b93a14601382adc58f702742afc9fc9a0636ca8cec2a0f8873f

No, it's in the current main blockchain.

[yigga]

why are there no confirmations yet?

EDIT:
well, now it seems to be up to date...

[Wuked]

Yep that block was a bit unhappy, but it's all confirmed and paid out now

[psychok9]

Hi!
I like to mine through GUIMiner, how can I complete infos for your pool?

            "name": "mineco.in",
            "host": "mineco.in",
            "url": "https://mineco.in/",
            "port": 3000,
->
            "balance_host": "mineco.in",
            "balance_url": "",
            "balance_token_url": ""

Thank you

[neotrino]

For me, phoenix never worked reliably with network connections. Long Polling would die after a few hours every time (=> no more LP: work pushed). And sometimes it would fail to get new work from the pool, sitting idle until restart.

So maybe you should try poclbm+phatk and see if it works.

Yes. You should try poclbm.

The last version (git clone https://github.com/m0mchil/poclbm.git) Includes very nice features

• phatk kernel tunned to boost 3% https://github.com/m0mchil/poclbm/commit/c980dfd18531bde08668befa0546c4b437779a80
• Now it's possibe to specify multiple pools via command line and poclbm will hop from them when one stop responding and will auto fail-back to the first one when it becomes available later

 

[yigga]

i like the new statistics 

[HeroMiner]

i like the new statistics  

Me too .

Btw.: any of you guys have a payout for block 17 and/or 18 in your wallet yet? Its 2 hours since the site told the payout was made, but it didn't show up in my wallet as of now.

EDIT: never mind, it just showed up, after almost 2 1/2 hours, OMG .

[randomguy7]

Wuked, will this pool continue to pay proportional or is this just temporary till some better (cheatproof, somehow scorebased) way is implemented? I just watched the stats and it looks like there are lots of pool hoppers (or at least a lot of hopping hashing power).
I really like this pool (ultra low rejected shares, pays fees, nice size, ...) but I have to use another one because I'm not gonna feed the hoppers. 

[Wuked]

Hey,

We are going to move to a fairer scoring system shortly, I just need to find the time to program it in.

Give me a few more days

[yigga]

Hey,

We are going to move to a fairer scoring system shortly, I just need to find the time to program it in.

Give me a few more days

thaaaaank youuuuu!

[m3ta]

[386.57 Mhash/sec] [649 Accepted] [42 Rejected] [RPC (+LP)]  <- really not that good.

[elrock]

I also continue to get a high stale rate (5-6%) on this pool compared to other pools. Why is that?  I'm using Phoenix 1.50 with the phatk kernel.

[psychok9]

I also continue to get a high stale rate (5-6%) on this pool compared to other pools. Why is that?  I'm using Phoenix 1.50 with the phatk kernel.

Same here :/

[PandaMiner]

I loved Minecoin when it was under 40ghps.  For some reason, the stales are higher now.

I haven't had a stale on my favorite pool in over 36 hours (7,000+ shares).  Maybe there is something that Wuked can do, something he's overlooked?

[Wuked]

I'm planning on getting another pool server up soon to compliment the current one, which should help improve things!

[brwyatt]

I've looked on the site and in the first few posts in this thread (especially the OP), but I can't seem to find a donate address? Where can I send some coin to help with hosting costs, since there are no fees. I want to see this pool (and others like it) stay around for a while. Where can I send a coin or two to?

Also, in case it wasn't obvious above: Thank you for this pool! I moved here from eligius (which has been having server issues) and used to use DeepBit (which has fairly high fees),  and I couldn't be happier! THANK YOU FOR THIS POOL!

[Wuked]

Due to popular demand I've added a donation address!

[brwyatt]

Due to popular demand I've added a donation address!

Thanks! Sendin' a bit your way shortly!

[psychok9]

Wuked can you fix stales problem?
Thank you.

[Wuked]

I'm working on it, it doesn't seem to be a problem for everyone, just a few.

[Wuked]

I've just made a few changes, please let me know if you see any difference in stale/invalid shares.

[techwtf]

no round duration or round start time in https://mineco.in/stats.json ?

EDIT: oh, sorry. should use last_block.

[PandaMiner]

I've just made a few changes, please let me know if you see any difference in stale/invalid shares.

That's cool you tried something. +1.

Also, you can use the [edit] button on your posts to avoid multiple posting back-to-back.

PS: Just because, imho, it's better, why not utilize anchor text in your signature links?  Let me code it for you!

Code:

[url=http://forum.bitcoin.org/index.php?topic=17310.0]MineCo.in - LP,EU Server,SSL,JSON API,0% TAX[/url]

[psychok9]

I've just made a few changes, please let me know if you see any difference in stale/invalid shares.

Thanks a lot!
The problem seems to persist.
204 accepted, 7 stale/invalid (3,4% atm)

Update 09-07-11, 3:18pm: 2621 accepted, 99 stale/invalid. 3,8%

[elrock]

The fix seems to be working for me -- stale rate down to 1.3% after mining overnight.

[ottodv]

Whatever you did improved a lot. Stales went down from some 5% to 10% to less than 1%. Of the last 2000 shares, only 15 were rejected. 

[lll]

Wuked, I can not sleep, I see everything
If you have a night now, but I have day and I watch my working

[lll]

http://i.piccy.info/i5/48/21/1722148/22222_240.jpg

Explain to someone working my employees?

[brwyatt]

I think there was just a bug in the banner generator... I had a similar issue where it was reporting 0MH/s for me, but it is working correctly now.

It also seems that the banner is either the 30-min average, or for the average of the previous 10 minutes, so they won't always add up correctly.

[lll]

Estimated Reward this round - not growing up, there was no change

[Reikoku]

Estimated Reward this round - not growing up, there was no change

The reward is proportional, and wih your total, that reward seems reasonable for one block, as it would imply that you have around 3% of the hashing power of the pool, which is ~4.5GH/sec continuous.

[lll]

I probably fool
first day of work in this
3 hours is not, was not credited with any shares

[lll]

that the statistics show? Why all wrong?
to whom do we work? last block is closed and no payment to employees, but Wuked received payment for the block

http://i.piccy.info/i5/23/26/1722623/Bezymiannyi_240.jpg

Time: 0 days 02:42:08
Total Shares: 4113161
this is impossible, we've probably 3 blocks considered

[yigga]

something is fu**** up about the stats...

[Peripeteia]

Yup, I'm also experiencing discrepancies with my actual shares generated and the shares being reflected in the pool.

I worked on the last block (the one found on July 10) for more than a day and throughout that period the stats were showing that I had an estimated reward from that block of around .35BTC.

But now the stats are telling me that I contributed 0 shares to the discovery of that block and so I don't get anything 

[spiccioli]

something is fu**** up about the stats...

Not only the stats

this is after one day of work:

Code:

10 Jul - 07:57:17 	1 day 	0 	link 	93 left 	0 	[Hidden]
08 Jul - 23:06:11 	02:44:46 	348768 	link 	Yes 	0.22149394 	tno
08 Jul - 20:21:25 	21:33:36 	2577879 	link 	Yes 	0.25538437 	6990er
07 Jul - 22:47:49 	16:50:39 	1970021 	link 	Yes 	0.25444103 	W000000W

how comes I have no shares/no reward?

I've never mined with less than 500MHs

spiccioli

[lll]

bitcoiny previously earned can not deduce
for this block  ( http://blockexplorer.com/block/0000000000000893ead25e71620b9e151d1fa6af841f51dcd5ab9b65d6929768  )Wuked was rewarded and we are not.


Bad, bad - to be shared with all

[Reikoku]

OK guys, it looks like an issue with the stats server not recognising shares correctly.

Wuked is working on it, I just asked in IRC.

I'll try to get him to post when he gets a second but don't worry, everyone has the issue.

[yigga]

OK guys, it looks like an issue with the stats server not recognising shares correctly.

Wuked is working on it, I just asked in IRC.

I'll try to get him to post when he gets a second but don't worry, everyone has the issue.

thx mate

[Peripeteia]

Thanks for the update, hope the issue us resolved soon.

[Wuked]

Hey Guys,

Sorry about that - it's all sorted now, give the stats a little while to get back into line.

You should all have the correct rewards for the last 2 blocks, and will get credited with them when they mature!

[psychok9]

I've got similar problem.
Seem don't rewards my works, since last 08-07-11, computing 24h/24h atm.

[Wuked]

I've got similar problem.
Seem don't rewards my works, since last 08-07-11, computing 24h/24h atm.

I see you have rewards pending for the last 2 blocks - when they mature you'll get your reward...

[psychok9]

Yes, now I've seen it on unconfirmed
They usually maturing a little over 24 hours, but now seem bigger.

Thank you.

[Wuked]

Remember that it's not us that's verifying the rewards....

It will take however long it takes for the entire bitcoin system to find another 120 blocks...

As the difficulty increases of course this is going to take more time ...

[psychok9]

I've setup my payout at 0.2 BTC, 3 days worked regularly.
Now all stay unconfirmed... the difficulty don't changed so much?
The data seem ok to you? Thanks.

Code:

Estimated Reward this round 	0.07643656 BTC
Unpaid Confirmed Reward 	0 BTC
Unpaid Unconfirmed Reward 	0.54571892 BTC
Total Unpaid Reward 	0.54571892 BTC
2011-07-08 17:54:40 UTC 	0.18713801 	
	Value 	Block
	0.10346875 	24
	0.08366926 	25
2011-07-08 00:42:25 UTC 	0.27867265 	
	Value 	Block
	0.10676307 	20
	0.07806767 	21
	0.09384191 	23
2011-07-07 03:36:26 UTC 	0.24964752 	
	Value 	Block
	0.1358851 	18
	0.11376242 	19
2011-07-06 12:42:21 UTC 	0.21720649 	
	Value 	Block
	0.11014558 	16
	0.10706091 	17

[Wuked]

I've added the block numbers here so you can see :

https://mineco.in/blocks

Block 28 onwards is still waiting to be confirmed..

We had 3 slow blocks, which will have slowed down the pace of your rewards, and before then we have 4/5 very fast blocks so you would have had them quicker than normal.

All looks fine

[psychok9]

Amazing
Thank you for the new stats, very useful, and for the explication

[kiwiasian]

Full decimal payouts?

[Wuked]

Full decimal payouts?

Yes.

[Luke-Jr]

I suggest you update your website...

[HeroMiner]

Too bad you chose the lame and deprecated Eligius approach to "fair" scoring, Wuked. I was on this pool since before the first block was found, but this forces me to go back to BTCMine .

[Grouver (BtcBalance)]

Lol not even 1 GH/s.

Way to ruin young development threads by posting shit like this.
I laugh at you now.
In less then a month Mineco.in has reached 150 GH/s ~

[flower1024]

and i am leaving too....
just want a prop system (they can also be cheat prof)

[Wuked]

Guys, we've been chatting about this in IRC for days now... 

If you want another system, then please give some suggestions, and come talk about it....

and i am leaving too....
just want a prop system (they can also be cheat prof)

This basically is proportional.. but proportional over a shorter length of time to reward people who don't drop out the block at the half way point.

[flower1024]

but it's unfair as i am powering off my pc when i am at work.
and you don't have enough hash rate to even that out for me.

what about the opposite i described here: http://forum.bitcoin.org/index.php?topic=23774.msg298141#msg298141

just calc everthing once per day. shares per day to blocks per day.
i dont think there are many people sitting in front of their machines to watch the satoshi's flowing in....

edit: i don't use irc, just this forum. didn't even know you where changing something before i read the previos post (and after that you pool intro message)

[HeroMiner]

Not everyone is on IRC - I was for the longest time but chose to step back from it.

Anyway, I remember I asked you about fair scoring the day I joined and pointed you to the original method for fair scoring, also know as the "score method". You replied, that it was "way too complex".

Other pools, however, are running with this algo, namely: Slush, BTCMine, Continuum and a few others - these are huge pools so it can't be impossible to implement it in a practical way.

If you guys talked about it though and you think the method you are using now is fine, thats OK - there are plenty of other pools around for me. If you should change it sometime, I will prob come back.

[Wuked]

Sure - we'll test it for a few days and let you know.

This new method is fairer for 24/7 miners like yourself, so I am a bit confused why you dislike it so much

[HeroMiner]

Lol thats my prob mate - I'm a 16/24 miner at most .

[randomguy7]

We're cheat proof now? I'm back

[moomoocow]

Lol thats my prob mate - I'm a 16/24 miner at most .

You do realize this method theoretically gives you what you're supposed to get for the 16/24 hours right?

The method isn't meant to "punish" pool-hoppers but rather not provide any benefit to do so.

[zubatej]

but it's unfair as i am powering off my pc when i am at work.

It's not unfair, it just adds variance, but that can be reduced by choosing large N, so your shares would be counted proportionally to payments for all blocks found in next N shares.

[HeroMiner]

Lol thats my prob mate - I'm a 16/24 miner at most .

You do realize this method theoretically gives you what you're supposed to get for the 16/24 hours right?

The method isn't meant to "punish" pool-hoppers but rather not provide any benefit to do so.

No, I'm not realizing it. There are theoretical constellations where the payout would be fair but most times it won't.

I do realize, that the "original" method isn't completely fair to non 24/7 miners either, but its more so than PPLNS for sure.

[Reikoku]

I'm back with 800MH, in a few weeks 2GH.

Over an infinite time period, PPLNS is not unfair to part-time miners UNLESS they are deliberately hopping at or before the expected halfway point consistently.

Sure, sometimes you will do 4 hours mining at the start of a long block and be credited for nothing, but sometimes you will do 4 hours mining at the end of a block and be credited as if you had been mining the whole block.

[psychok9]

I'm mining lun-friday 13/24hrs. Sat/sunday 24h/24h.
The new method can add too much variance?

[HeroMiner]

I'm not a genius @ math, but my instinct tells me, that when I shut my sys down over night, I will typically, or often, lose all the shares that were generated for the last round, whereas with Menis algo, I won't be losing any shares, but the ones for that round will be worth less when a block is found, becuz thats how it works.

So why should non 24/7 miners stay at this pool? Plz let me know .

[OCedHrt]

I'm back with 800MH, in a few weeks 2GH.

Over an infinite time period, PPLNS is not unfair to part-time miners UNLESS they are deliberately hopping at or before the expected halfway point consistently.

Sure, sometimes you will do 4 hours mining at the start of a long block and be credited for nothing, but sometimes you will do 4 hours mining at the end of a block and be credited as if you had been mining the whole block.

No that's not correct. If you join at the end, you'll get your percent of 750000 shares depending on pool hash rate. If it takes the pool 4 hours to hash 750000 shares, and you join at the last 4 hours, then you will be credited as if you were mining the whole block. If the pool takes 8 hours to generate 750000 shares, then you get half of what you'd normally get for a while block - but this is same as proportional so that is okay. But if you left early, you'd lose there too.

I don't think this is really going to stop pool hoppers...instead of hopping in at the beginning, now just hop in NOT at the beginning - such as at 75% of difficulty and staying to 125%.

[burp]

Yeah, I have to say, I like PPLNS. Especially that it already affects the current round 

Your Shares 1177 (0.0842 %) Your Reward: 0.0 BTC

[rahl]

The outcome of each hash is independent of any hashes that are before it. in other words, after hashing for one year (and not getting anything), the chances of you getting a block is still the same.

And the probablity you don't find any block after a decade of transmitting 1 hash with a probability of 0.001 each every day is still only 2% or sum such...

[figvam]

I suggest to lower the minimum payout at least for a few days so the guys who are moving on (like me) could cash out. I'm just a bit under 0.05 BTC and it's impossible to retrieve that sum now.

*edit* thanks for taking care of that, Wuked.

[Reikoku]

I'm back with 800MH, in a few weeks 2GH.

Over an infinite time period, PPLNS is not unfair to part-time miners UNLESS they are deliberately hopping at or before the expected halfway point consistently.

Sure, sometimes you will do 4 hours mining at the start of a long block and be credited for nothing, but sometimes you will do 4 hours mining at the end of a block and be credited as if you had been mining the whole block.

No that's not correct. If you join at the end, you'll get your percent of 750000 shares depending on pool hash rate. If it takes the pool 4 hours to hash 750000 shares, and you join at the last 4 hours, then you will be credited as if you were mining the whole block. If the pool takes 8 hours to generate 750000 shares, then you get half of what you'd normally get for a while block - but this is same as proportional so that is okay. But if you left early, you'd lose there too.

I don't think this is really going to stop pool hoppers...instead of hopping in at the beginning, now just hop in NOT at the beginning - such as at 75% of difficulty and staying to 125%.

That doesn't work. Your chance of the next hash finding a block is the same after 0 shares as it is after 10,000,000.

All that means is that you'd lose the opportunity to get the gains from shorter blocks.

[HeroMiner]

I rethought the PPLNS system last night and think I overlooked an important aspect.

Say the pool is in the middle of a block of usual "length". When you leave at this point, you will get not credit at all for that block. But if you join the next day, the pool is in the middle of such a block again, you will get full credit for that one, even though you haven't mined since the beginning of that round.

Thats exactly what Reikoku said a few posts back, I must have overlooked that too, sry .

So this method shouldn't be disadvantageous for non 24/7 miners after all.

[flower1024]

it just adds an additional variance.

as i said: as this pool does not have that much hashing power (it's a shame... i really like this pool) it will took very long to even out.

it could be that i am lucky... but who knows?

[OCedHrt]

I'm back with 800MH, in a few weeks 2GH.

Over an infinite time period, PPLNS is not unfair to part-time miners UNLESS they are deliberately hopping at or before the expected halfway point consistently.

Sure, sometimes you will do 4 hours mining at the start of a long block and be credited for nothing, but sometimes you will do 4 hours mining at the end of a block and be credited as if you had been mining the whole block.

No that's not correct. If you join at the end, you'll get your percent of 750000 shares depending on pool hash rate. If it takes the pool 4 hours to hash 750000 shares, and you join at the last 4 hours, then you will be credited as if you were mining the whole block. If the pool takes 8 hours to generate 750000 shares, then you get half of what you'd normally get for a while block - but this is same as proportional so that is okay. But if you left early, you'd lose there too.

I don't think this is really going to stop pool hoppers...instead of hopping in at the beginning, now just hop in NOT at the beginning - such as at 75% of difficulty and staying to 125%.

That doesn't work. Your chance of the next hash finding a block is the same after 0 shares as it is after 10,000,000.

All that means is that you'd lose the opportunity to get the gains from shorter blocks.

You're right on that. You can jump in whenever and be either within 750000 shares of solving the block or not getting any credit at all. With PPLNS, when you join the hashing, when averaged out, has no impact on how much you get. So rather than basing on how many shares the pool has had since the last book, you could hop basing on the pool's current statistical luck.

[zapeta]

Yeah, I have to say, I like PPLNS. Especially that it already affects the current round 

Your Shares 1177 (0.0842 %) Your Reward: 0.0 BTC

Exactly, what a bunch of BS to change mid round.  I had to have my computer off for a day, and now my shares are worthless.

Thankfully my current payout is greater than your minimum, so I'll be taking that and will probably return if you institute a scoring method that isn't obviously broken.

[ottodv]

PPLNS is simple to understand and it appears that it can't be gamed like the old system. Especially it makes joining at the beginning of a round useless - something that was costing us permanent miners. It also seems to me that this system doesn't demotivate people from joining during a drought. I also really like the principle that two or more blocks found quickly are rewarded not just over the round shares but over all the last N shares. So while some shares get you nothing others get you double or triple - for the permanent miner this balances out.

Even if you don't mine 24/7, what you loose at one end you gain at the other end. If you mine little you're gambling as your shares may be worthless or be worth double or triple.

I'll be staying with Mineco.in.

[Wuked]

Yeah, I have to say, I like PPLNS. Especially that it already affects the current round 

Your Shares 1177 (0.0842 %) Your Reward: 0.0 BTC

Exactly, what a bunch of BS to change mid round.  I had to have my computer off for a day, and now my shares are worthless.

Thankfully my current payout is greater than your minimum, so I'll be taking that and will probably return if you institute a scoring method that isn't obviously broken.

Please explain why the method is obviously broken.

[Sukrim]

Just make sure not to cycle out getworks too soon!

Take a look at this scenario:
Current difficulty: 100, next difficulty: 400 (maximum increase = 4 fold)
Last block of difficulty 100 and the first block of difficulty 400 found immediately after each other.
This means if you just rotate all getworks after 1/2 difficulty out, you'd miss 3/4 of getworks for the next round.

You have to have at least (current_difficulty * 2) difficulty1 shares as a reserve to make sure you can always calculate payouts.


I just wonder if "negative hopping" could work - waiting until you are on a long round (e.g. current share count = current difficulty *1.2) and then going in. If a LOT of people follow this strategy, the added hash rate would even make it a self fulfilling prophecy (as it gets more likely that a block is found). Have you done some calculations/simulations based on this?

[Wuked]

Yes of course, We are storing enough info to calculate it

[Wuked]

So what features are you guys looking for that are missing? I'm all ears...

[Digigami]

Ability to delete or edit/rename workers please

[Wuked]

Ability to delete or edit/rename workers please

Editing the name should be possible, but deleting them is a bit of a grey area, as they are linked to blocks and shares by their id

[Digigami]

Yea good point.. alternatively you could allow someone to "delete" the worker through the web interface, but just set a flag in the database so it's hidden from the users view.

But, being able to edit them should work out alright just fine.

[lll]

Wuked, what happens? I'm in the pool 24 / 7. I see that you take a commission of 5-6% give an explanation or I will go to another pool

[Wuked]

Wuked, what happens? I'm in the pool 24 / 7. I see that you take a commission of 5-6% give an explanation or I will go to another pool

I don't understand what you mean? We take no commission. How are you getting this 5-6% value ?

[lll]

145Ghash / 6.621Ghash = 21.90
50 BTC / 21.90 = 2.2831 BTC
and projected
2.1667 BTC
verified in the last three blocks - the loss of 5-6% of the predicted

[Wuked]

145Ghash / 6.621Ghash = 21.90
50 BTC / 21.90 = 2.2831 BTC
and projected
2.1667 BTC
verified in the last three blocks - the loss of 5-6% of the predicted

The 145Ghash is an estimate of the current pool speed over the last 30 minutes, As you can see from the graph the speed fluctuates somewhat.

Reward isn't calculated from the estimated speeds, but in fact from valid shares

Your reward is calculated like this :

Total Shares = Valid Shares in last (Difficulty / 2) Shares
Your Shares  = Your Valid Shares in last (Difficulty / 2) Shares

Your reward = your % of your shares in total shares.

You cannot make a simple calculation like 145Ghash / 6.621Ghash to get your exact reward. The projected reward is the most accurate.

Hope that clears things up a bit.

[Reikoku]

145Ghash / 6.621Ghash = 21.90
50 BTC / 21.90 = 2.2831 BTC
and projected
2.1667 BTC
verified in the last three blocks - the loss of 5-6% of the predicted

Unless the pool is at a constant 145 GH, you can't use such a simple algorithm to calculate what you expect.

[lll]

I was doing stats for 3 days !!!!!
 I came out, that gets paid 94-95% of wages. About BTC that must be shared between participants in a pool of 7 / 24, which comes from part-time participation in a round do not even want to raise the topic ....
I think you should stop cheating and really show% commission, which you take each and decide he should take part in your pool or not. I look forward to one day return to 5% for 3 days. The trust is lost. This occurs in 3 days.

[Wuked]

I was doing stats for 3 days !!!!!
 I came out, that gets paid 94-95% of wages. About BTTS that must be shared between participants in a pool of 7 / 24, which comes from part-time participation in a round do not even want to raise the topic ....
I think you should stop cheating and really show% commission, which you take each and decide he should take part in your pool or not. I look forward to one day return to 5% for 3 days. The trust is lost. This occurs in 3 days.

If I was taking 6% of everyones rewards, that would be 3 BTC per block.. you don't think people would notice ?

When we moved over to PPLNS system I went through the calculations in detail with our pools biggest contributor, and we confirmed that the values were correct for his % of the pool ownership. They certainly were not 6% off.

Again, you are basing your calculations on totally incorrect values. You are using snapshot values, and estimates - so it's not surprising your calculations are around 5% off ?

As I've said - the most accurate value is the "Your Reward:" section in the left.

[Wuked]

The last Block for example was calculated over the last 764101 Shares.

So your reward for a 50BTC block would be :

(YourShares / 764101) * 50 BTC

So if you had 33811 shares then..

(33811 / 764101) * 50 = 2.21246929 BTC

[lll]

I do not need someone else and not give my
 

[Wuked]

I do not know what your username is ?

[lll]

I mean, in our country saying - I do not need another person BTC and I will not give my
 BTC (
do not steal and not give my )

I am not guilty -  a translator

[Wuked]

After talking with some people in IRC, I realised that we were showing the GH settings in gibibyte (GiB) instead of gigabyte (GB).

I've updated it now across the site.

This might account for the 4% in your calculations, but I'm a bit lost on what you are saying/asking so I don't really know

[Luigi]

Would it be possible for you to supply statistics as rss-feed?

[Wuked]

Globally or per user ?

[Luigi]

globally - just to see that a nu block's found

[OCedHrt]

I was getting insane rates of stale shares on my 6730 (20 accepted, 80+ stales). I thought it was my system but switched to BTCGuild and it's much improved (127/11). Not sure what it is I didn't have this problem until yesterday.

[jebathga]

Total this block: 11825
Eligible for Reward: 6359

Could you clearify this?

Maybe it's just cosmetic. It looks from my point of view that I have 11825 shares but only 6359 are counted toward the next block found?

I know the need to stop pool hoppers exists. But it really bites guys like me who mine all night 8-10 hours just to end up loosing all my shares durring the day when I don't mine (using pc durring the day). Would it save my shares if I logged in with only one of my cpu cores mining? or maybe just one of my 5970 cores mining durring the day?

[jebathga]

Total this block: 11825
Eligible for Reward: 6359

Could you clearify this?

Maybe it's just cosmetic. It looks from my point of view that I have 11825 shares but only 6359 are counted toward the next block found?

I know the need to stop pool hoppers exists. But it really bites guys like me who mine all night 8-10 hours just to end up loosing all my shares durring the day when I don't mine (using pc durring the day). Would it save my shares if I logged in with only one of my cpu cores mining? or maybe just one of my 5970 cores mining durring the day?

Now it seems my shares  are falling? 

Total this block: 12568
Eligible for Reward: 5945    What the ?

[Wuked]

Total this block: 11825
Eligible for Reward: 6359

Could you clearify this?

Maybe it's just cosmetic. It looks from my point of view that I have 11825 shares but only 6359 are counted toward the next block found?

I know the need to stop pool hoppers exists. But it really bites guys like me who mine all night 8-10 hours just to end up loosing all my shares durring the day when I don't mine (using pc durring the day). Would it save my shares if I logged in with only one of my cpu cores mining? or maybe just one of my 5970 cores mining durring the day?

Everyone is losing shares, not just you. So your % of the reward is still the same...

Your eligible shares are how many shares you have in the last 1/2 difficulty so your "Estimated Reward" shouldn't be changing all that much..

Read more about the method here : http://eligius.st/wiki/index.php/Pay_Per_Last_N_Shares

Or come chat with us on IRC if you don't understand.

[Wuked]

This Block :/

http://www.youtube.com/watch?v=b4eMyOzD9UI

[HeroMiner]

http://i54.tinypic.com/acct9i.gif

Can I haz new block plees?

[861362]

Can I haz new block plees?

http://img703.imageshack.us/img703/3508/8789601cutecartoonillus.jpg

[Peripeteia]

Another 1 day + block so soon after the last one (Block 44) is really frustrating 

I'm just bitching about it in the hopes that complaining about it will make it go away 

[spiccioli]

Hi,

after last change in difficulty the one I see here http://bitcoincharts.com/bitcoin/ does not match with the one shown in the left frame of the site.

Code:

# Current rate: 130 GH/s
# Time: 0 days 06:50:50
# Total Shares: 801212
# Difficulty: 1690895
# Server Load: Low 

which is the correct one?

spiccioli.

[randomguy7]

My stale rate currently is very high. Were there some changes recently? It was very low when I joined (few weeks ago).

[Bert]

which is the correct one?

Short answer: left frame of the site
Longer answer: The new Bits/difficulty introduced in block number 137088 is 1a09ec04, which once converted into human readable format is 1690895.803052. This is an increase of 8.18% over the previous difficulty of 1563027.996116 (set in block number 135072, which took 12.9 days to solve all 2016 blocks).

[KarlSpaat]

I would like to see a manage worker feature, where i can rename, delete and sort workers. Are there any plans for this feature?

[btcboston]

Are we still doing N = 750,000 or has it changed since the last difficulty update?  The main web site for the pool says 750k at some points, and difficulty/2 at others. 

[Wuked]

Are we still doing N = 750,000 or has it changed since the last difficulty update?  The main web site for the pool says 750k at some points, and difficulty/2 at others. 

We are doing 1/2 N so it's now more like 850k

[StrangeLoop]

Please forgive my noobness, but I just signed up with the pool and am having trouble connecting. I'm running Phoenix via LinuxCoin, and it says "Failed to connect, retrying..." I assume it has something to do with using port 3000 because I've been able to connect to other pools via ports 8332 and 8337, but I could be totally wrong on that.

Anyone have any ideas about what I'm doing wrong? The command I'm entering is (with personal info redacted):

./phoenix.py -u http://[worker name]:[password]@mineco.in:3000 -k phatk DEVICE=0 BFI_INT WORKSIZE=128 AGGRESSION=9

Any help in getting this working would be greatly appreciated! TIA

[Wuked]

Are you behind a firewall ?

Can you try telnet to port 3000 ?

[frownyface]

Please add a feature where I can give someone a high-five every time they find a block.  Seriously makes me do a little dance every time.

[brwyatt]

Please add a feature where I can give someone a high-five every time they find a block.  Seriously makes me do a little dance every time.

Seconded. One of those "useless, but fun anyway" features. So why the heck not? I mean, obviously important things first, but... frownyface has a point, why not share the excitement of the pool finding a block by congratulating the one who officially found it?

[Wuked]

A few of the boys are on their way back now after the namecoin diff increase

[cepler]

I'd like to request a feature:

It would be nice if we could adjust the timezone for statistic output etc to our local timezone vs. GMT..

[gnar1ta$]

Are there any plans to add idle alerts??

[Wuked]

I did a manual payout today guys as the wallet was getting quite big. Anyone with a reward pending of over 0.25 will have received their balance.

There are plans for adding miner idle alerts but I am on holiday at the moment.

[brwyatt]

I did a manual payout today guys as the wallet was getting quite big. Anyone with a reward pending of over 0.25 will have received their balance.

There are plans for adding miner idle alerts but I am on holiday at the moment.

Ah, I'm glad you posted this. I was just about to come here and mention it. I was worried that something might have gone wrong. Thanks for keeping us informed! I'll never complain about getting my money early! 

[ottodv]

Issues/requests:

- The timestamp in the api call (and I think on your site) is not UTC but British time. Currently you are giving us UTC+1. For instance currently I have "last_share_at":"2011-07-28T19:00:14Z" but it's 18:00 GMT.

- I am looking forward to the promised idle miner notification.

- You really need an easy way to donate part of the reward to the pool. Maybe allow us to set a fixed percentage, or a little box on the site from which we can directly donate from our confirmed amount, without having to go through our wallet.

Keep up the good work and enjoy your vacation...

[deti]

What happens with the pool? It's down. I can't connect. Current pool rate 31 Gh/s??

[spiccioli]

Down to 6GH/s, miners connect and give a RPC upstream error and then sit idle

[rahl]

Also says all my funds are unconfirmed now...

[Wuked]

Sorry about that guys, it's all working correctly again now.

[newminerr]

Hey Wuked check your PM's 

[MegaBux]

The formula

N = 1/2 Difficulty

Your Reward = ((YourShares in last N shares) / (last N shares)) * BlockValue

I somewhat eluded to this in a separate thread message, but I'm curious as to why my estimated rewards keep decreasing per round.  My miners are on 24/7 and once every two days may disconnect for up to 5 minutes due to network problems or maintenance.  However, I've noticed that my eligible share-count is decreasing, even though I constantly produce more shares in the round than the eligible count.

What is the relation between eligible and actual shares produced by a miner, and what factors affect the eligible share count?

[btcboston]

It's because the pool's hash rate has been rising.

[spiccioli]

Code:

# Current rate: 141 GH/s
# Time: 1 days 06:42:23
# Total Shares: 3569884
# Difficulty: 1888786
# Server Load: Low
# Your Shares:
Total this block: 17100
Eligible for Reward: 17109
# Your Reward: 0.23924596 BTC 

How comes my shares are now so high?

I was used to 4-5K shares eligible for reward... is something changed?

spiccioli.

[Christian Pezza]

please take off MyBitcoin from your website

How do I start ?

1) Get a bitcoin wallet

You need somewhere to store your rewards!
You can either download the official client from Bitcoin.org or get a hosted wallet at mybitcoin.com

[Grouver (BtcBalance)]

I am mining for about 3 hours straight and my pity 95mhash is still being recognized as 60 mhash on the minecoin server side.
Whats up with this Wuked?

[deti]

3 1/2 days without a new Block!?! Are you sure the pool is still connected securely to the network?

[BurningToad]

3 1/2 days without a new Block!?! Are you sure the pool is still connected securely to the network?

This round is at 8,697,535 shares, well within the realm of possibility.  My pool had two 11 million share rounds lately  

If the pool wasn't "connected" to the bitcoin network, it couldn't generate work to hand out to miners.  So I'm sure things are working normally.

[Neptune]

kind of wierd that the difficulty went down but our shares per block have skyrocketed....that block that took 4 days was over 9 million shares....what is the share record for a block?

[BurningToad]

kind of wierd that the difficulty went down but our shares per block have skyrocketed....that block that took 4 days was over 9 million shares....what is the share record for a block?

13 or 14 million shares last time I tried checking (about a week ago.)

[teukon]

Is there a plan to include a way to donate a percentage of my gains to the pool automatically?

[deepceleron]

# Your Shares:
Total this block: 17100
Eligible for Reward: 17109
# Your Reward: 0.23924596 BTC 

How comes my shares are now so high?

I was used to 4-5K shares eligible for reward... is something changed?

spiccioli.

The pool uses Pay-Per-Last-N-Shares, where your reward if a block is found is computed by how many recent shares you contributed in the period it took the whole pool to contribute (difficulty/2) shares. If the total pool hashrate decreases, you are able to submit a higher percentage of shares in the N shares window, and your reward is higher when a block is found. We of course prefer the more regular payouts that come with a higher hashrate, but your expected reward over time is the same whether the pool has a high or low total hashrate.

BTW, there is no penalty for jumping on in the middle of a long round on a PPLNS pool (and also no logical reason to leave on a long round either). The work you submit now determines your earnings on future block finds (the past luck does not matter), so mine away!

Is there a plan to include a way to donate a percentage of my gains to the pool automatically?

I like that there is no option on the site shaming users into donating a fixed percentage. The donations address from the pool's web site is 1D3ro6Xb9XDvPFCytiNLdSLDHpWXZoA2kn if you want to send something. BTW, this is the highest earnings pool around - a fair unhoppable payment system, no fees, and pays miners the transaction fees earned per block solve in addition to the 50BTC.

BTW, is Wuked on a legendary European vacation? He hasn't signed on to the forum since July 31 (although his sig shows he is still mining away...)

[teukon]

Is there a plan to include a way to donate a percentage of my gains to the pool automatically?

I like that there is no option on the site shaming users into donating a fixed percentage. The donations address from the pool's web site is 1D3ro6Xb9XDvPFCytiNLdSLDHpWXZoA2kn if you want to send something. BTW, this is the highest earnings pool around - a fair unhoppable payment system, no fees, and pays miners the transaction fees earned per block solve in addition to the 50BTC.

BTW, is Wuked on a legendary European vacation? He hasn't signed on to the forum since July 31 (although his sig shows he is still mining away...)

I understand.  Some pools have acted rather shamefully regarding their donation percentages.  Personally, I feel that a donation percentage box set to 0 by default accompanied by a polite sentence making the views of the pool owner on the subject clear would be ideal but if Wuked prefers it this way I'll try to calculate an appropriate donation and do so manually.

I noticed the included transaction fees and this is very much appreciated.  The PPLNS is a big winner for me too.  One thing that is bothering me about PPLNS is trust in the pool operator.  What is to stop a PPLNS pool operator from cashing in a winning block silently once in a while and keeping the reward for themselves.  I don't mean to cast doubt on the trustworthyness of Wuked at all; I'm sure no such scam is taking place.  Is there some kind of mechanism in place which makes it impossible for the pool operator to keep the odd block for themselves and if so how does it work?

[deepceleron]

What is to stop a PPLNS pool operator from cashing in a winning block silently once in a while and keeping the reward for themselves.  I don't mean to cast doubt on the trustworthyness of Wuked at all; I'm sure no such scam is taking place.  Is there some kind of mechanism in place which makes it impossible for the pool operator to keep the odd block for themselves and if so how does it work?

Any pool system besides PPS requires trust in the pool operator, regardless of the payment system used. A pool admin could withhold a winning block payment, or be contributing fake shares into the system so they get paid for work they didn't do. There doesn't seem to be a good way to hold a pool op accountable if you can't know from the outside when a pool has solved a block or verify that all contributed shares are from real miners.

With PPS there are typically high fees, since the pool operator is paying for mining in advance of block solves, takes a risk that there may be a long period of bad luck where he still has to pay miners, and also a PPS pool can be attacked by withholding - bad miners not submitting a winning share if found.

[teukon]

Any pool system besides PPS requires trust in the pool operator, regardless of the payment system used. A pool admin could withhold a winning block payment, or be contributing fake shares into the system so they get paid for work they didn't do. There doesn't seem to be a good way to hold a pool op accountable if you can't know from the outside when a pool has solved a block or verify that all contributed shares are from real miners.

With PPS there are typically high fees, since the pool operator is paying for mining in advance of block solves, takes a risk that there may be a long period of bad luck where he still has to pay miners, and also a PPS pool can be attacked by withholding - bad miners not submitting a winning share if found.

Thanks for the informative post.  There are few users here who are as clear or as eloquent.

[Wuked]

Hi Guys,

I've just got back from my vacation, sorry for being AWOL for so long!

I have quite a bit of work to get done on the pool, so I'll get on all of your messages as soon as possible.

It looks like we've had shocking luck over the last week, but I can assure you that everything seems to be running smoothly on the pool.

[gnar1ta$]

I think bad luck follows me around.  Switched my miners over from guild 3 days ago, they've been green on luck most of the last 3 days.  Not so much here.  If someone wanted to drink their variance sorrows away and was wondering what the probability of hitting X (lets just say 9 million) shares given current D difficulty, how would that be done? I vaguely remember spreadsheets of poisson, and normal distributions from statistics, but I don't know how use them.

[bitfoo]

If someone wanted to drink their variance sorrows away and was wondering what the probability of hitting X (lets just say 9 million) shares given current D difficulty, how would that be done? I vaguely remember spreadsheets of poisson, and normal distributions from statistics, but I don't know how use them.

Slush's pool has a graph of what you're looking for: http://mining.bitcoin.cz/stats/graphs/ - scroll to the bottom.

[deepceleron]

If someone wanted to drink their variance sorrows away and was wondering what the probability of hitting X (lets just say 9 million) shares given current D difficulty, how would that be done? I vaguely remember spreadsheets of poisson, and normal distributions from statistics, but I don't know how use them.

Slush's pool has a graph of what you're looking for: http://mining.bitcoin.cz/stats/graphs/ - scroll to the bottom.

Slush's probability graph is full of math fail. Let me re-twat a previous post of mine (note the probability below was from a lower difficulty):

The CDF is already at 99.999% probability of finding a block per Poisson distribution table since 4 hours ago.
It's now at 8 million shares and 16 hours @ 600ghash/s.

Mathematically very, very improbable, if not practically impossible
http://portal.acm.org/citation.cfm?doid=355993.355997
http://www.itl.nist.gov/div898/handbook/pmc/section3/pmc331.htm

(The probability of not solving a block within 960 minutes at current difficulty with 600ghash/s is <0.0000000000000001% and decreases exponentially after each passing minute)

I get a different answer. The chance of solving a block depends on difficulty.

Here is the probability of an individual hash solving a block: http://blockexplorer.com/q/probability

The current probability of solving a block with an individual hash is: 0.0000000000000001489590023459044440534704278888966655358

The current probability of not solving a block with one hash is therefore :
( 1 - 0.00000000000000014895900234590444 ) = 0.99999999999999985104099765409556

Let's call that chance of not solving with an individual hash (a number very close to 1, or 100%) "Z".

The probability of not solving a block with two hashes is Z * Z, better written as Z^2. Still nearly 100%. We need more hashes.

The pool averaged about 600Ghash per second. That is 600,000,000,000 hashes per second x 60 seconds per minute x 60 minutes per hour x 16 hours in the "imaginary" round. Probably around 34,560,000,000,000,000 hashes. That's another preposterous number, so I'll call that "hashTotal"

A pool trys hashTotal hashes in 16 hours, so the chance of not finding a block in that time is Z ^ hashTotal.

.99999... ^ 3.456E+16 = .02156 = 2.16% chance of not solving a block in 16 hours. Not improbable. Bruteforcing the nonce statistics don't enter into it, since everybody is doing random work on multiple blocks. Actual calculation done in Excel, not Matlab, so feel free to verify the percentage for me.

Note that also you cannot directly compute using shares or just multiply shares*difficulty, because the chance of finding a share (a difficulty 1 block solve) is also random with binomial distribution, and what is important is the complete number of individual hash attempts in the full difficulty problem.

[btcboston]

The current round is about to reach 10,000,000 shares.  At current difficulty, there is a roughly 1 in 254 chance of having a round that long (0.39274%)

[teukon]

Congrats on reaching 10`000`000 shares guys, that's really impressive.

[Wuked]

Go us

[Wuked]

Woooooo

[teukon]

Woooooo

Yay.  Hopefully your next block will be quicker.

[teukon]

Woooooo

Yay.  Hopefully your next block will be quicker.

1 hour 35 mins!  That's more like it.

[brwyatt]

OhThankGodFinally! 

And then another 1.5 hours later!

And maybe now people will come back to the pool?

[deti]

Great! We got the 3rd block today!!!

[frownyface]

Woohoo! Finally found a block! High five!!!

[gnar1ta$]

Woohoo! Finally found a block! High five!!!

Maybe you can be happyface now???

[deepceleron]

81   23 Aug - 15:09:52    11964670
82   23 Aug - 16:45:13    95787
83   25 Aug - 09:00:48    2682514
84   25 Aug - 14:03:11    345797
85   25 Aug - 17:29:06    249814
86   27 Aug - 06:11:49    2517946
87   27 Aug - 15:21:45    617078
88   28 Aug - 02:51:13    825202

Average Round ( last 8 ): 2412351 shares
Average Round ( last 7 ): 1047734 (difficulty 1805700)

Some good block solving going on - just a few more lucky rounds needed to make up for that killer block!

[Dacm4n]

Is the current block time normal for this pool? It seems like a like a long time at 1 days 19:19:51.

[deti]

Is the current block time normal for this pool? It seems like a like a long time at 1 days 19:19:51.

Look at the "Statistics" page. There you can see the "Duration".

[Dacm4n]

Is the current block time normal for this pool? It seems like a like a long time at 1 days 19:19:51.

Look at the "Statistics" page. There you can see the "Duration".

Thanks I see some long ones there.

[deepceleron]

Is the current block time normal for this pool? It seems like a like a long time at 1 days 19:19:51.

It's normal, in fact that round was done an hour after your post, and then another block was found in ten hours.
The pool hashrate is lower than it was a few weeks ago, currently 84 Ghash/s. You get payouts less often, but they are worth more.

Let's calculate the expected round time:

Pool hashes per second: 84,000,000,000
Pool hashes per hour: 302,400,000,000,000
Bitcoin average hashes per block solve: 7,635,483,000,000,000 (at current difficulty)
= Average pool round: 25.25 hours

So blocks solves (and their payouts) average once a day at the current total hashrate. With variance, this means you might get some rounds 1/3 this length, and some 3x this length.

Here's a link to the statistics page mentioned above.
You can compare the number of shares per round to the current difficulty, 1777774. It's been a while since a really long round.

(From the hashrate graph, it also looks like some dumb pool hoppers are still jumping on at the start of new rounds, although with the PPLNS payout method they don't earn more for their work than anyone else. You also don't need to quit mining just because a round is longer than expected; if you do, you will miss out on maximum earnings when a block is found.)

[randomguy7]

Wuked, do you plan to add merged mining for namecoins to your pool?

[ChrisLandin]

Any movement on block 125?? Its still stuck at 120 confirms?

[Reikoku]

Hey Wuked,

Nice to see this is still running well.

Will come in IRC later to chat.

[infofront]

Wuked, do you plan to add merged mining for namecoins to your pool?

I'm interested in this as well.

[teukon]

Although it doesn't count for much, I would be interested in this too.

mineco.in is my secondary pool (mainly backup but sometimes I split resources for low variance and I would move the bulk over for a sufficiently good promotion).  Recently my main pool (simplecoin.us PPLNS) had a reboot to upgrade the merged mining implementation to Luke Jr's and my miners consequently switched over to this pool for 2 hours or so.  I'm very much in the market for a second solid merged-mining PPLNS (or double-geo) pool.

I also used to highly recommend this pool (I converted some users, such as bitkoyn, from BTC Guild to mineco.in) but these days I can only recommend merged mining pools.

Anyway, just some thoughts from a fan.  The true userbase comes first of course.

[BitcoinPappi]

Is the pool is currently not reporting stats properly ? 

[deepceleron]

Is the pool is currently not reporting stats properly ?  

Yep, stats look messed up, I'm still mining fine, but the pool reports a flat 3ghash/s total pool hashrate instead of the 60 or so it should show.

Edit: FYI, it seems the stats problem was due to Euro daylight savings time messing up calculations.

[BitcoinPappi]

I see, I continued minning as well. Stats seem to be working back as normal. The worker status in terms of green for active or red , not fixed yet, but thats just a fyi.

Not needed to mine, just a nice to have

[rahl]

Wuked, do you plan to add merged mining for namecoins to your pool?

I would like this as well. I mine just for fun anyway and namecoins is a very interesting project.

[deepceleron]

Just a bump, the pool is still running great, I am about 1% of the pools hashrate, and I get my ~.50 BTC every time a block is found, averaging about one a day. Big props to megauser boom, who found four blocks in a row with ~15GHash/s. My signature link is not because I am affiliated with the pool admin, just because it works!

[deti]

The homepage is offline and the pool does not work also! Why?

[deepceleron]

The homepage is offline and the pool does not work also! Why?

Looking at the hashrate graph from earlier today, it looks like the pool was down for ~1 hr. Only Wuked would be able to answer this, and he hasn't checked this forum for two months (although he can occasionally be spotted in #mineco on freenode IRC).

[Wuked]

Hey Guys,

The Data centre currently has a problem with heat and have advised that we should power down servers until it is resolved, so I've had to power down the machine running mineco.in.

I don't have any idea when we'll be back online, but when we are I will pay out all rewards and will probably shut down mineco as we are down to about 40GH/sec these days and it's not really worth it, so sorry to all our loyal users, but it's probably time to move on

[BitcoinPappi]

I was wondering what was happening. Wow a pool owner giving up. Hmm perhaps its a sign

[Eveofwar]

I was wondering what was happening. Wow a pool owner giving up. Hmm perhaps its a sign

Not the first time.

[teukon]

Hey Guys,

The Data centre currently has a problem with heat and have advised that we should power down servers until it is resolved, so I've had to power down the machine running mineco.in.

I don't have any idea when we'll be back online, but when we are I will pay out all rewards and will probably shut down mineco as we are down to about 40GH/sec these days and it's not really worth it, so sorry to all our loyal users, but it's probably time to move on

Sorry to hear you're out of the game Wuked.  This pool was always rather attractive to me for offering 0% PPLNS with a reasonable hashrate and was often my backup pool.  Heck, even with a 3% fee this would have been my backup pool.

Best of luck with your future endeavours!

Does anyone know what the largest PPLNS pool is these days?

[DeathAndTaxes]

Does anyone know what the largest PPLNS pool is these days?

I believe it is bitminter which tends to average 75 - 80 GH/s.  0% and merged mining.

[Wuked]

Have Paid out every reward on the system down to 0.00000001 !

[Ilikeham]

Thanks Wuked you provided great service and a reliable pool. I am sorry to see you go but totally understand.

[deti]

I also want to say thanks Wuked for providing a great service and a reliable pool. I am sorry to see you go but I also can understand.

[ottodv]

Sad to see you go Wuked. Wish there was something that could make you change your mind.

[iongchun]

Have Paid out every reward on the system down to 0.00000001 !

Thanks Wuked, sorry to see another PPLNS pool closed after rfcpool.
I also use MineCo.in as backup in the past, maybe I should setup p2pool again...