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Author Topic: [FREE] ckpool.org ZERO FEE SPLNS no registration mining pool  (Read 52065 times)
philipma1957
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April 21, 2017, 09:18:16 PM
 #41

From post #1...

"SPLNS calculation is done on the fly and updated every minute based as a product of HERP DERP.
Herp stands for Hash Extracted Rate Product - where each share is worth sqrt(MIN(share diff, network_diff) / work_diff) * work_diff / 2
Derp stands for Difficulty Extrapolated Reward Payment - where the reward equals the user's herp divided by the pool's herp.
The pool's Herp is simply added until it reaches 5 * network difficulty. After that it is biased every minute by scaling existing herp down to add the latest minute's herp and all users' herp is adjusted by the same scale the pool's was."

P.s. Landy1264 - thank you. Like I said informative little pool here.

okay  so derp = my money due

and
my herp/ pool herp = derp

so I am renting right now   so my derp should rise
Yes that's correct so I should explicitly say: DERP is your expected reward if a block is found now.
 

cool I am going to increase rental  I want my derp to go up

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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April 21, 2017, 09:21:43 PM
 #42

cool I am going to increase rental  I want my derp to go up
Excellent, thanks and good luck.

Remember to the other miners, on the very first block of the pool, it is effectively like a proportional pool so you can "hop" on and game it to get more reward if it's a lucky block than you otherwise could get on an established running pool.

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ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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philipma1957
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April 21, 2017, 09:25:54 PM
 #43

cool I am going to increase rental  I want my derp to go up
Excellent, thanks and good luck.

Remember to the other miners, on the very first block of the pool, it is effectively like a proportional pool so you can "hop" on and game it to get more reward if it's a lucky block than you otherwise could get on an established running pool.

yeah I started this rental and was at derp of .33  I moved it to .37

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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April 21, 2017, 09:51:37 PM
 #44

yeah I started this rental and was at derp of .33  I moved it to .37
Nice. You've pushed this pool past 1PH for the first time since its inception. Since this pool monitors and reports worker luck, if you monitor the luck of rental miners over enough shares you can get an idea of it there's something wrong with your rental - but if they're *just* withholding blocks, it won't show up unless you mine trillions of shares. Since this is a new calculation, I don't have a good guide for how long is "enough" yet but so far I'm seeing virtually all the workers on the pool currently converging towards 1.0 which to be honest is reassuring. However note that I haven't had a bitcoin-related mathematician like organofcorti or meni rosenfeld confirm the validity of my calculations though.

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April 21, 2017, 10:10:22 PM
 #45

yeah I started this rental and was at derp of .33  I moved it to .37
Nice. You've pushed this pool past 1PH for the first time since its inception. Since this pool monitors and reports worker luck, if you monitor the luck of rental miners over enough shares you can get an idea of it there's something wrong with your rental - but if they're *just* withholding blocks, it won't show up unless you mine trillions of shares. Since this is a new calculation, I don't have a good guide for how long is "enough" yet but so far I'm seeing virtually all the workers on the pool currently converging towards 1.0 which to be honest is reassuring. However note that I haven't had a bitcoin-related mathematician like organofcorti or meni rosenfeld confirm the validity of my calculations though.

I added a 500TH rental for a few hours, it would be awesome if one of us has super luck and hits a block Smiley

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philipma1957
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April 21, 2017, 10:44:20 PM
 #46

Would be nice  to hit it early.  I will run my 800th  for abut 40 more minutes.

http://ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

{
 "hashrate1m": "792T",
 "hashrate5m": "884T",
 "hashrate1hr": "574T",
 "hashrate1d": "43.7T",
 "hashrate7d": "7.83T",
 "lastshare": 1492814068,
 "workers": 2,
 "shares": 1219654360,
 "bestshare": 348980386.0,
 "lns": 1219654360.1,
 "luck": 1.0,
 "herp": 1214800863.253699,
"derp": 0.85360232,   >>>>>>>>>>  this was .33 so I moved it .5 btc so far
 "worker": [
  {
   "hashrate1m": "792T",
   "hashrate5m": "884T",
   "hashrate1hr": "574T",
   "hashrate1d": "43.7T",
   "hashrate7d": "7.83T",
   "lastshare": 1492814068,
   "shares": 1219654360,
   "bestshare": 348980386.0,
   "lns": 1219654360.1,
   "luck": 1.0,
   "herp": 1214800863.253699,
   "workername": "1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje.1"
  }
 ]
}

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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April 21, 2017, 10:47:53 PM
 #47

Would be nice  to hit it early.  I will run my 800th  for abut 40 more minutes.

"derp": 0.85360232,   >>>>>>>>>>  this was .33 so I moved it .5 btc so far
Yep this is precisely what I mean and demonstrates what would happen on every block on the "proportional" payout mechanism and why no pool should be using it today. The only reason it's prop at the moment is because the N is building up. But there is no other fair way to build up this N which is also a nice way to build up the pool's hashrate to start out. Of course none of this is a guarantee of a windfall unless the 1st block is lucky, which I really hope it is Smiley Getting a pool started from scratch and attracting hashrate is incredibly difficult these days.

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ComputerGenie
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April 21, 2017, 10:49:23 PM
 #48

Would be nice  to hit it early.  I will run my 800th  for abut 40 more minutes.

"derp": 0.85360232,   >>>>>>>>>>  this was .33 so I moved it .5 btc so far
My 5TH is at 0.37911017 because I got in early.  Tongue

If you have to ask why, you wouldn`t understand my answer.
philipma1957
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April 21, 2017, 11:04:26 PM
 #49

Would be nice  to hit it early.  I will run my 800th  for abut 40 more minutes.

"derp": 0.85360232,   >>>>>>>>>>  this was .33 so I moved it .5 btc so far
Yep this is precisely what I mean and demonstrates what would happen on every block on the "proportional" payout mechanism and why no pool should be using it today. The only reason it's prop at the moment is because the N is building up. But there is no other fair way to build up this N which is also a nice way to build up the pool's hashrate to start out. Of course none of this is a guarantee of a windfall unless the 1st block is lucky, which I really hope it is Smiley Getting a pool started from scratch and attracting hashrate is incredibly difficult these days.

it can be good on the second block also even the third.

5 n is now 5 x  520,808,749,422 = 2,604,043,747,110

So until  the pool has done  that many shares    a big jump  in hash like an 800 th size  will move you upwards faster then the coin you spend on the rental. (WITH IN REASON)

 IF you pay a 10% premium to rent right now  it is not a fuck over.

I estimate  blocks are 13.75 - .5% = 13.68125   which is  9.45%  so  if you can rent at  .5200 on nice hash  to do this  you are close to even.

the lowest rental on nicehash at the moment is .5178  so  you could be  a bit ahead on the odds if you rent low.

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
philipma1957
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April 21, 2017, 11:07:26 PM
 #50

Would be nice  to hit it early.  I will run my 800th  for abut 40 more minutes.

"derp": 0.85360232,   >>>>>>>>>>  this was .33 so I moved it .5 btc so far
Yep this is precisely what I mean and demonstrates what would happen on every block on the "proportional" payout mechanism and why no pool should be using it today. The only reason it's prop at the moment is because the N is building up. But there is no other fair way to build up this N which is also a nice way to build up the pool's hashrate to start out. Of course none of this is a guarantee of a windfall unless the 1st block is lucky, which I really hope it is Smiley Getting a pool started from scratch and attracting hashrate is incredibly difficult these days.


http://ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

{
 "hashrate1m": "971T",
 "hashrate5m": "902T",
 "hashrate1hr": "702T",
 "hashrate1d": "61.8T",
 "hashrate7d": "10.5T",
 "lastshare": 1492815928,
 "workers": 2,
 "shares": 1605912933,
 "bestshare": 1985338139.0,
 "lns": 1605912933.1,
 "luck": 1.01,
 "herp": 1621362475.181367,
"derp": 1.13177218,
 "worker": [
  {
   "hashrate1m": "971T",
   "hashrate5m": "902T",
   "hashrate1hr": "702T",
   "hashrate1d": "61.8T",
   "hashrate7d": "10.5T",
   "lastshare": 1492815928,
   "shares": 1605912933,
   "bestshare": 1985338139.0,
   "lns": 1605912933.1,
   "luck": 1.01,
   "herp": 1621362475.181367,
   "workername": "1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje.1"
  }
 ]
}


derp is at 1.13 coins  i have 10 minutes to go.  it will then drop  since I won't be mining for a few days.

I spent .04 btc to jump up  about .8 btc  this will decline once I stop mining.

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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April 22, 2017, 08:48:58 AM
 #51

{
 "hashrate1m": "61.7T",
 "hashrate5m": "31.5T",
 "hashrate1hr": "3.54T",
 "hashrate1d": "152G",
 "hashrate7d": "21.7G",
 "lastshare": 1492850789,
 "workers": 5,
 "shares": 3061205,
 "bestshare": 3139421.0,
 "lns": 3061205.1,
 "luck": 1.06,
 "herp": 3232367.161432016,
 "derp": 0.00198541,
 "worker": [
  {
   "hashrate1m": "61.7T",
   "hashrate5m": "31.5T",
   "hashrate1hr": "3.54T",
   "hashrate1d": "152G",
   "hashrate7d": "21.7G",
   "lastshare": 1492850789,
   "shares": 3061205,
   "bestshare": 3139421.0,
   "lns": 3061205.1,
   "luck": 1.06,
   "herp": 3232367.161432016,
   "workername": "1EjTdmm8768CPvt8kXQRrZoby2ivXjyPpb"
  }
 ]
}

my derp is 0.001 but i just started on the pool Smiley

with a little luck we will get a block or maybe two`

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April 23, 2017, 05:58:25 AM
 #52

Hello, New miner here running S9 I just pointed my miner at this new mining pool you guys are talking about in this thread? How do payouts work? How can I monitor my stats? Is there a main site to register at?
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April 23, 2017, 06:22:55 AM
 #53

Hello, New miner here running S9 I just pointed my miner at this new mining pool you guys are talking about in this thread? How do payouts work? How can I monitor my stats? Is there a main site to register at?
https://bitcointalk.org/index.php?topic=1876330.msg18650392#msg18650392

If you have to ask why, you wouldn`t understand my answer.
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April 23, 2017, 07:38:51 AM
 #54

Well I in the pool. So "derp" is my payout? Paid when the next block is found? How often is that? Are my number looking okay?

"hashrate1m": "12.3T",
 "hashrate5m": "11T",
 "hashrate1hr": "10.3T",
 "hashrate1d": "920G",
 "hashrate7d": "136G",
 "lastshare": 1492932993,
 "workers": 1,
 "shares": 19244792,
 "bestshare": 15574988.0,
 "lns": 19244792.1,
 "luck": 0.95,
 "herp": 18260717.48742153,
 "derp": 0.00639655,
 "worker": [
  {
   "hashrate1m": "12.3T",
   "hashrate5m": "11T",
   "hashrate1hr": "10.3T",
   "hashrate1d": "920G",
   "hashrate7d": "136G",
   "lastshare": 1492932993,
   "shares": 19244792,
   "bestshare": 15574988.0,
   "lns": 19244792.1,
   "luck": 0.95,
   "herp": 18260717.48742153,
ComputerGenie
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April 23, 2017, 08:03:26 AM
 #55

Well I in the pool. So "derp" is my payout? Paid when the next block is found? How often is that?...

Derp stands for Difficulty Extrapolated Reward Payment - where the reward equals the user's herp divided by the pool's herp i.e. it is the expected reward should a block be found now.
...
Coinbase generation - Block solve reward is distributed directly from the block to each user, meaning each user gets a 'mined' transaction directly into their wallet as soon as the block is solved so there is no wait to get paid and no pool wallet storing user's rewards. Rewards will be considered 'immature' by bitcoin rules so will be unspendable until 100 network confirmations have passed.


If you have to ask why, you wouldn`t understand my answer.
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April 23, 2017, 08:10:05 AM
 #56

Well I in the pool. So "derp" is my payout? Paid when the next block is found? How often is that?...

Derp stands for Difficulty Extrapolated Reward Payment - where the reward equals the user's herp divided by the pool's herp i.e. it is the expected reward should a block be found now.
...
Coinbase generation - Block solve reward is distributed directly from the block to each user, meaning each user gets a 'mined' transaction directly into their wallet as soon as the block is solved so there is no wait to get paid and no pool wallet storing user's rewards. Rewards will be considered 'immature' by bitcoin rules so will be unspendable until 100 network confirmations have passed.


Also, some web wallets (especially exchange wallets) and some lightweight wallets do not play nice with coinbase generations. Best to use a full node's wallet when mining on pools using coinbase generations of mining rewards.
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April 23, 2017, 08:26:30 AM
 #57

Also, some web wallets (especially exchange wallets) and some lightweight wallets do not play nice with coinbase generations. Best to use a full node's wallet when mining on pools using coinbase generations of mining rewards.
As far as web wallets go, always remember ....
https://youtu.be/F12lpqnug-0

If you have to ask why, you wouldn`t understand my answer.
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April 23, 2017, 02:59:16 PM
 #58

Mine is a coinbase wallet will that work okay? I put my wallet address as my worker correct?
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April 23, 2017, 03:09:27 PM
 #59

Mine is a coinbase wallet will that work okay? I put my wallet address as my worker correct?
Yes, it will work, as far as the pool is concerned (my personal animus towards online wallets is a separate issue).
Yes just set your "worker" as like:
Code:
1GeniexG7MnLr9WH48jG1cPLqgGbqUsaFM.WorkerName
but with your addy.
Or, if you only have one miner, then just set your "worker" as like:
Code:
1GeniexG7MnLr9WH48jG1cPLqgGbqUsaFM
but with your addy.

If you have to ask why, you wouldn`t understand my answer.
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April 23, 2017, 03:32:06 PM
 #60

Great thanks bro. I set my address as worker like 1LcDSrR8RxRPdaRp32PgBtojREAhJ.1 hope that works okay. I seem to be connected to the pool. How long do you imagine until a block is usually solved? Do you think this mining pool will be more profitable then antpool? Also, if I left the pool now will I still get my "derp" or do I lose it if I leave the pool before the block is solved?
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