ckpool.org CLOSED

[ComputerGenie]

The actual math is so complex I don’t bother to try to explain it.
...All constantly change somewhat.
...If you take 60 days to get to 500% full share.  It takes 60 days to drop to zero.

...I will fix it today and not feel that I lost a ton of money do to it crashing.

Pretty much why I've never tried to explain the math behind my earnings. When we started (and pretty much up to ~2.5N), I had such a large share that my current payout is actually in decay with 80TH running (but measurably less decay than not mining). I figure if some can't grasp the main concept of the pool, then they're never going to understand my stats.  

[1713572425]

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[1713572425]

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[1713572425]

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[1713572425]

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[cdana]

I downloaded pooler-cpuminer-2.5.0-win64 and put it with the command:
minerd.exe -a sha256d -t 2 -o stratum+tcp://depool.ckpool.org:3333 -u 1ErXQN8zvEKQGPodjYrXiLzc4Dj6hXR6Cp -p x
The problem is that after 2-3 hours at: http://ckpool.org/users/1ErXQN8zvEKQGPodjYrXiLzc4Dj6hXR6Cp appears:
{
"hashrate1m": "0",
"hashrate5m": "0",
"hashrate1hr": "0",
"hashrate1d": "0",
"hashrate7d": "0",
"lastshare": 0,
"workers": 1,
"shares": 0,
"bestshare": 0.0,
"lns": 0.09892397644697888,
"luck": 1.0,
"accumulated": 0.0,
"postponed": 0,
"herp": 0.09892360613937053,
"derp": 0.0,
"worker": []
}
In the dos window, everything looks fine:
https://imgur.com/9Bt3hN4
I tried the command
minerd.exe -a sha256d -t 2 -o stratum+tcp://depool.ckpool.org:3333 -u 1ErXQN8zvEKQGPodjYrXiLzc4Dj6hXR6Cp.0 -p x
and so does not work
What's wrong?
Thank you very much. Anticipated.

[o_solo_miner]

I downloaded pooler-cpuminer-2.5.0-win64 and put it with the command:
minerd.exe -a sha256d -t 2 -o stratum+tcp://depool.ckpool.org:3333 -u 1ErXQN8zvEKQGPodjYrXiLzc4Dj6hXR6Cp -p x
The problem is that after 2-3 hours at: http://ckpool.org/users/1ErXQN8zvEKQGPodjYrXiLzc4Dj6hXR6Cp appears:
{
"hashrate1m": "0",
"hashrate5m": "0",
"hashrate1hr": "0",
"hashrate1d": "0",
"hashrate7d": "0",
"lastshare": 0,
"workers": 1,
"shares": 0,
"bestshare": 0.0,
"lns": 0.09892397644697888,
"luck": 1.0,
"accumulated": 0.0,
"postponed": 0,
"herp": 0.09892360613937053,
"derp": 0.0,
"worker": []
}
In the dos window, everything looks fine:

I tried the command
minerd.exe -a sha256d -t 2 -o stratum+tcp://depool.ckpool.org:3333 -u 1ErXQN8zvEKQGPodjYrXiLzc4Dj6hXR6Cp.0 -p x
and so does not work
What's wrong?
Thank you very much. Anticipated.

You did everything right with the software and the setup!
If you continue just 10 Years you will get 10 shares send to the pool, and maybe in 100 Years you reach the payout treshhold.

If you don't got a time machine, for traveling back 7 Years, STOP CPU MINING ON BITCOIN!
Use it for shitcoins with a lower diff. only.

For mining Bitcoin you need an asic miner, as minimum a few TH to make some money.

[Philopolymath]

well Quebec Hydro has frozen all power upgrade requests for crypto miners so I have 350Th in limbo..
I managed to squeeze a few S9's on the garage panel..but it feels like 2012 CPU mining..

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
I WANT MY UPGRADE..

[advark]

thanks guys for taking time to expain



regards from lithuania

[userghost]

Ok questions guys. I have ~250TH on this pool committed for at least a month, possibly for full ramp up. A few questions though that I would like peoples opinions on. These questions are purely financially motivated, I have no interest in dont support company B because they are evil, its all about the money.

This pool is 0% fee which is amazing, people say you will make more money mining here in the long run than anywhere else. Why is this pool more profitable than connectbtc.com They are PPS, so no TX fees are paid, but they pay 110% so each share is treated as if a block were 13.75btc with 0% fees. Wouldnt this be a more profitable choice especially since fees are so low right now?

Is there a way to A) Calculate how close to full ramp you are, or B) see what the potential reward is when fully ramped? 250TH out of 20PH is 1/80th so assuming that the pool is the same hash rate when im fully ramped, does this mean I would see 1.25% of  each block as payment?

This pool changes hash rate alot, especially with Halong helping by burning in their miners. If 5nd is 30 days and I have been mining for 35 days, im fully ramped up and getting a full reward. If, the hash rate drops down, and 5ND goes up to 50 days this would mean I am no longer fully ramped correct? Even though I was earlier?

[Biffa]

Is this transaction a pool payout @-ck

a6eb5238510cc146edc147e131b4955922f6d29cc145c040a9c1265b5dbe4de1

[-ck]

Is this transaction a pool payout @-ck

a6eb5238510cc146edc147e131b4955922f6d29cc145c040a9c1265b5dbe4de1

Nope. All pool payouts are generated "coinbase" coins, like this:
https://btc.com/000000000000000000331f064a0ba7a67fb632d3b24e2a887a6a41cd57a3f2f4

[philipma1957]

Ok questions guys. I have ~250TH on this pool committed for at least a month, possibly for full ramp up. A few questions though that I would like peoples opinions on. These questions are purely financially motivated, I have no interest in dont support company B because they are evil, its all about the money.

This pool is 0% fee which is amazing, people say you will make more money mining here in the long run than anywhere else. Why is this pool more profitable than connectbtc.com They are PPS, so no TX fees are paid, but they pay 110% so each share is treated as if a block were 13.75btc with 0% fees. Wouldnt this be a more profitable choice especially since fees are so low right now?

Is there a way to A) Calculate how close to full ramp you are, or B) see what the potential reward is when fully ramped? 250TH out of 20PH is 1/80th so assuming that the pool is the same hash rate when im fully ramped, does this mean I would see 1.25% of  each block as payment?

This pool changes hash rate alot, especially with Halong helping by burning in their miners. If 5nd is 30 days and I have been mining for 35 days, im fully ramped up and getting a full reward. If, the hash rate drops down, and 5ND goes up to 50 days this would mean I am no longer fully ramped correct? Even though I was earlier?

First question  is yes  if that other pool pays out 13.75 each block  and the blocks hit here are  12.8  you would be correct.  But there are more complexities then a simple yes.

simplest one is no pool can afford to endlessly pay out 13.75  btc when a block is 12.8

But there are even deeper reasons to stay here until you get ramped to 250th
If it is  day 50 and you are at 250th you and move 200th to the pool you mention
Since ramp up is slow ramp down is slow.
Since you left 50th here  ramp down is slower.

thus  you will have
 250th + 250th = 500th one day one of the switch
 248th + 250th = 498th on day two of the switch
 246th + 250th = 496th




that is a nice boost.  but here is the kicker we are at 7500 per coin

you ramp for 50 days  and we are at    11000 per coin = even better

Guess what I did in Nov and Dec last year when coins moved up to  19990

There are a few pools that do give you this shot.
There is just this pool that is fee free.

12.6/80 = 0.1575 btc at full ramp up
computer genie has an app that shows current number.

http://www.yourcomputergenie.com/?address=1GeniexG7MnLr9WH48jG1cPLqgGbqUsaFM

http://www.yourcomputergenie.com/?address=16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr


your last question I am not sure of I think if you leave 50th  of your 250th    and pool grows compared to network growth your full ramp up could last much longer

and of course if the pool growth shrinks compared to network growth  your ramp up drops faster.

But since coins are down under 8k  getting to a ramp up on this pool cost less  then if  coins are at  12k

I have a ramp up of  80th  and I am now mining 45th I shrink very slowly
If I had 80th on the pool you mentioned an went to 45th  My drop from 80th to 45th is in a day. Not months which it will be here.

[-ck]

This pool changes hash rate alot, especially with Halong helping by burning in their miners. If 5nd is 30 days and I have been mining for 35 days, im fully ramped up and getting a full reward. If, the hash rate drops down, and 5ND goes up to 50 days this would mean I am no longer fully ramped correct? Even though I was earlier?

Once you're ramped up, if you keep mining, you stay ramped up.

[User name used]

CK, Thanks. I am learning a lot. Can you clarify "keep mining" please. My concern is downtime due to shutdowns because of electrical storms, vacations(7 days) where I don't want to leave the miners running unmonitored , etc. At what timeframe or threshold twiggers a ramp down? If I risk leaving 1 miner (out of X) running the ramp is preserved at 5N? Granted my hash rate would go down but my full rampup would be saved regardless of the significant pool hashing flucuations?

[-ck]

CK, Thanks. I am learning a lot. Can you clarify "keep mining" please. My concern is downtime due to shutdowns because of electrical storms, vacations(7 days) where I don't want to leave the miners running unmonitored , etc. At what timeframe or threshold twiggers a ramp down? If I risk leaving 1 miner (out of X) connected to my user the ramp is preserved at 5N? Granted my hash rate would go down but my full rampup would be saved regardless of the significant pool hashing flucuations?

It's not a big deal if you have downtime. There's no need to concern yourself with "filling in" the ramp up or anything like that; you simply get paid for the shares you submit. But yes once you have been on for 5N then it doesn't matter how much the pool fluctuates, you are fully ramped up until you disconnect - but then it also takes 5N for it to fully ramp down.

[philipma1957]

CK, Thanks. I am learning a lot. Can you clarify "keep mining" please. My concern is downtime due to shutdowns because of electrical storms, vacations(7 days) where I don't want to leave the miners running unmonitored , etc. At what timeframe or threshold twiggers a ramp down? If I risk leaving 1 miner (out of X) connected to my user the ramp is preserved at 5N? Granted my hash rate would go down but my full rampup would be saved regardless of the significant pool hashing flucuations?

It's not a big deal if you have downtime. There's no need to concern yourself with "filling in" the ramp up or anything like that; you simply get paid for the shares you submit. But yes once you have been on for 5N then it doesn't matter how much the pool fluctuates, you are fully ramped up until you disconnect - but then it also takes 5N for it to fully ramp down.

This is what makes the pools method have real value.

I ramped up to 80th using 5 t1's
I sold 2 and now mine with 2 T1's

But the ramp down  from 80th to 48th  is slow and I enjoy the coin I got for 2 units sold . while still earning on them for about 30 more days

[ComputerGenie]

"ramped up" simply means that, out of the last 5N shares, your contribution is adequately represented.

The fact that the decay rate is also 5N means that a 7 day "vacation" would have less than a 6% effect on payout amount while not mining for that week (and significantly less than 1% for weather/power/internet related shutdowns).

This is another of those things where there's no "easy math" to say "you'll loose x per day", but the short answer is:
"Mine as long as you can and you'll make as much as you can."






As a side note about pools that pay more than 100%:
Those pools can only do that because of the fact that they are taking what they took from others in the past and giving it out now. So, if you can get 105% from them now it's because they have a past history of paying less than 95% (and the honest possibility that at some future point they will only pay people at a rate of less than 100% again). The colloquial term for this is "robbing Peter to pay Paul".

[User name used]

Thanks all. Great info. I appreciate the efforts put into this.

[miner041217]

Hi.
Could you explain what is my daily profit if I take part in miniing within ckpool?
Where could I see it?

I see at my dashboard "derp" value
https://c2n.me/3UAdIPS.png


Is this my future reward?

[capitanraj]

HOW THE REWARDS WORK ?

[User name used]

Hi.
Could you explain what is my daily profit if I take part in miniing within ckpool?
Where could I see it?

I see at my dashboard "derp" value



Is this my future reward?

  ______
Read from page 70 forward. A lot of your answers will be found there. Welcome, I an a newbie also.

[-ck]

New record hashrate:

Code:

[2018-06-04 14:02:15.304] Pool:{"hashrate1m": "100P", "hashrate5m": "97P", "hashrate15m": "94.9P", "hashrate1hr": "86.2P", "hashrate6hr": "64.8P", "hashrate1d": "45.7P", "hashrate7d": "26.3P"}

Again this is Halong burn in, so it will be transient only, but it is most welcome

[User name used]

Understood. It sure distorts our diff% when they go away. I know it is just a warm fuzzy stat but going back to 21PH to find a block is not going to occur in the statistical timeframe the difficulty % reflects. Just an observation. Not a complaint.