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Author Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool  (Read 4328306 times)
l1nkdna
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June 14, 2013, 03:22:48 PM
 #10141

well i've got to say thanks for the intro and help and such but after this statement ---->


"The average time to generate a block at 250.0 Mhps, given difficulty of 15605632.6813, is 8 years, 26 weeks, 1 day, 2 hours, 6 minutes, and 58 seconds"



what with my lonely 1 gpu 6870 (250-300MH) sett-up that runs at approx. 288W on an elec rate of 14.43KW/h and a standing charge of 18pence a day......i'm out.

i'll be back next year when i have a Pi and a BFL Jal'

so long and thnx for all the fish.

sob.
Have fun, dont break anything whilst i'm gone.

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digital
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June 14, 2013, 03:35:29 PM
 #10142

well i've got to say thanks for the intro and help and such but after this statement ---->


"The average time to generate a block at 250.0 Mhps, given difficulty of 15605632.6813, is 8 years, 26 weeks, 1 day, 2 hours, 6 minutes, and 58 seconds"



what with my lonely 1 gpu 6870 (250-300MH) sett-up that runs at approx. 288W on an elec rate of 14.43KW/h and a standing charge of 18pence a day......i'm out.

i'll be back next year when i have a Pi and a BFL Jal'

so long and thnx for all the fish.

sob.
Have fun, dont break anything whilst i'm gone.


Just because you won't find a block, doesn't mean you still can't make $25+ a month mining with that single card.  I don't know if it's worth it for you, but that's the beauty of mining pools.  You don't have to find a block to make btc...

If I help you out: 17QatvSdciyv2zsdAbphDEUzST1S6x46c3
References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
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June 14, 2013, 03:38:47 PM
 #10143

If everyone wasn't aware, slush is a little busy with trezor which I just preordered. Check it out, I got to finally see a picture of him. Hope it works with blockchain.

http://www.bitcointrezor.com/news/trezor-timeline

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l1nkdna
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June 14, 2013, 05:16:15 PM
 #10144

well i've got to say thanks for the intro and help and such but after this statement ---->


"The average time to generate a block at 250.0 Mhps, given difficulty of 15605632.6813, is 8 years, 26 weeks, 1 day, 2 hours, 6 minutes, and 58 seconds"



what with my lonely 1 gpu 6870 (250-300MH) sett-up that runs at approx. 288W on an elec rate of 14.43KW/h and a standing charge of 18pence a day......i'm out.

i'll be back next year when i have a Pi and a BFL Jal'

so long and thnx for all the fish.

sob.
Have fun, dont break anything whilst i'm gone.


Just because you won't find a block, doesn't mean you still can't make $25+ a month mining with that single card.  I don't know if it's worth it for you, but that's the beauty of mining pools.  You don't have to find a block to make btc...

i'd love to, but it would cost me 60 a month or so in power bills to make that ...

1Apz8T6L1FEc1b7g6kXLtgTLUj5x6tTR33
Tamis
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June 14, 2013, 05:19:05 PM
 #10145

If everyone wasn't aware, slush is a little busy with trezor which I just preordered. Check it out, I got to finally see a picture of him. Hope it works with blockchain.

http://www.bitcointrezor.com/news/trezor-timeline

Great initiative ! But really far too expensive for the limited amount of btc I own....
DryMartini
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June 14, 2013, 05:36:54 PM
 #10146

Great initiative! Hope it doesn't require the "admin" to manually fix anomalies every ten transactions though ;-)
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June 14, 2013, 06:21:49 PM
 #10147

So long as it does the job routinely for people in the real world, buying a car or just doing the monthly shopping then its good.    I wonder how the card companies would cast their eye over it with all their chip and wf technology

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Tamis
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June 14, 2013, 06:42:12 PM
 #10148

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?
Trongersoll
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June 14, 2013, 06:45:50 PM
 #10149

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

no there aren't.
gmerk
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June 14, 2013, 06:53:36 PM
 #10150

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

no there aren't.


...the fish he thanked us for...

Unfortunately I'll shortly follow. 300MH/s are too low now...
I wonder how this massive departure (gpu miners) will affect bitcoin's future...

vs3
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June 14, 2013, 07:20:45 PM
 #10151

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

no there aren't.


Actually ... there sort of is ... It has to do with the scoring system on Slush's pool - the shares that are closer to the end get a higher score, and THE LAST SHARE gets the highest score. Since you'll have that last share - your total reward for that block will likely be well above your average. So - that's sort of your bonus for the block Smiley

Trongersoll
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June 14, 2013, 07:29:12 PM
 #10152

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

no there aren't.


Actually ... there sort of is ... It has to do with the scoring system on Slush's pool - the shares that are closer to the end get a higher score, and THE LAST SHARE gets the highest score. Since you'll have that last share - your total reward for that block will likely be well above your average. So - that's sort of your bonus for the block Smiley

Are you sure about this? That doesn't make sense to me. even though past work is discounted, it would seem to me that the one doing the most work would have the highest score.
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June 14, 2013, 07:42:21 PM
 #10153

Quote from: vs3 link=topic=1976.msg2476838#msg2476838
Actually ... there sort of is ... It has to do with the scoring system on Slush's pool - the shares that are closer to the end get a higher score, and THE LAST SHARE gets the highest score. Since you'll have that last share - your total reward for that block will likely be well above your average. So - that's sort of your bonus for the block Smiley

Are you sure about this? That doesn't make sense to me. even though past work is discounted, it would seem to me that the one doing the most work would have the highest score.

You're talking about two different things. The shares submitted in the last second are worth more than all other shares, but the block finder's total reward for the round should still be roughly proportional to his hash rate.

It's not a big difference by the way. At exp(t / 300), the last share will get only 0.3% more than the shares from one second before.
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June 14, 2013, 07:44:12 PM
 #10154

The last share is guaranteed to have the highest score, so if you are a low hashrate miner and you found a block you will definitely get more than usual ... not much but still more than you usually get.
Those doing most of the work may/will not notice such an increase, but a low rate miner will.

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June 14, 2013, 07:47:35 PM
 #10155

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

no there aren't.


Actually ... there sort of is ... It has to do with the scoring system on Slush's pool - the shares that are closer to the end get a higher score, and THE LAST SHARE gets the highest score. Since you'll have that last share - your total reward for that block will likely be well above your average. So - that's sort of your bonus for the block Smiley

Are you sure about this? That doesn't make sense to me. even though past work is discounted, it would seem to me that the one doing the most work would have the highest score.

I wasn't talking about comparing different miners - in this case you're right - whoever does the most work gets the highest TOTAL score.
In my case I was talking about a given miner's individual shares - each of his shares gets a score, and his total score (sum of all shares' score) represents his % share from the total reward.
Each individual share gets a score, and each share's score is higher (exponentially) when they get closer and closer to the end of the round. And that very last share gets the highest score.
So in terms of that - if you have that very last share (e.g. you found the block) that last share would have the highest score (for an individual share). So when you sum up the scores for all of your shares your result would likely be (a total score) noticeably above your average - or in other words that's your sort of a bonus.

Hopefully I explained it a bit better this time Smiley

EDIT:  as others pointed out while I was typing - this will be most evident for slow miners (e.g. those submitting shares at least a few seconds apart). For high-GH/s miners it will likely not make much of a difference.

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June 14, 2013, 08:17:05 PM
 #10156

gotcha.  Smiley Now it makes sense.
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June 14, 2013, 08:26:55 PM
 #10157

Thanks a lot for explaining this detail !

Have a nice week-end yall
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June 14, 2013, 11:45:18 PM
 #10158

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

I believe you get the transaction fees.

https://bitcointalk.org/index.php?topic=1976.msg1354066#msg1354066
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June 15, 2013, 12:08:43 AM
 #10159

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

I believe you get the transaction fees.

https://bitcointalk.org/index.php?topic=1976.msg1354066#msg1354066

Nope. Transaction fees are considered part of the total reward for the block, and as such are shared with everyone (proportionally to their score).

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June 15, 2013, 01:13:55 AM
 #10160

The guy with low mh/s that is quiting was talking about finding a block on the pool.
Are there any bonus reward for the one that finds a block ?

I believe you get the transaction fees.

https://bitcointalk.org/index.php?topic=1976.msg1354066#msg1354066

Nope. Transaction fees are considered part of the total reward for the block, and as such are shared with everyone (proportionally to their score).

I found block 239418 last week and didn't get anything more that any other time.
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