[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool

[gourmet]

Pool luck (1 day, 7 days, 30 days):   67%, 90%, 97% 

Still low this morning:
Pool luck (1 day, 7 days, 30 days):   71%, 90%, 97%

And it will never compensate in the future, as the difficulty is to rise significantly again this evening... :-(

Pool luck (1 day, 7 days, 30 days):   72%, 89%, 96%
Still miserable in the evening...
And the difficulty is going to jump more than 23 % in ~3 hours...

[Ace5high]

This is insane. Even before the rise found blocks have been taking crazy long... 3h, 5h, 4h, 2h, 4h..... such BS lately.... Seriously becoming pointless to mine btc  

btc was designed to increase in value but its looking like the design is backfiring....  

[gourmet]

This is insane. Even before the rise found blocks have been taking crazy long... 3h, 5h, 4h, 2h, 4h..... such BS lately.... Seriously becoming pointless to mine btc  

btc was designed to increase in value but its looking like the design is backfiring....  

Long round duration is due to low pool luck... Even 70 % now:
Pool luck (1 day, 7 days, 30 days):   70%, 89%, 96%
[edit: Sure it depends on pool hashrate also, but this is quite high now.]
Block times for the whole network look OK.

Are there any data for the whole "network luck"? I'm afraid those can't be obtained easily, because the whole network hashrate is calculated from found blocks, thus supposing "network luck" equal to 100 %. This way, one can't differentiate between hashrate changes and luck changes.
Or am I wrong?

[stephengillon]

Btc price will drop ltc price will increase as i see it, then the massive asic farms will start selling cheap and btc will make a slight come back. The farms are basiclly holding btc hostage and dont realise that new people wont be buying in keeping the value what it is anymore

[PrintMule]

Btc price will drop ltc price will increase as i see it, then the massive asic farms will start selling cheap and btc will make a slight come back. The farms are basiclly holding btc hostage and dont realise that new people wont be buying in keeping the value what it is anymore

well, difficulty is certainly not going down, and as asics are useless for anything else- there's no future for anything but asics to mine btc, which by that time is made either worthless or very stable, but hard to get.

[dben428]

Yikes, down to 57% luck on the day.

Well, I'm hoping for the best with Slush's after the difficulty bump. Maybe our luck will turn around.

[nottm28]

Yikes, down to 57% luck on the day.

Well, I'm hoping for the best with Slush's after the difficulty bump. Maybe our luck will turn around.

I was thinking/hoping the same thing.

This time last month we seen an even worse low at 51%

block=start_time,duration,reward,hashes,luck,difficulty,confirmations
236329=2013-05-15 17:22:59,2:33:26,0.00851466,9682,0.56,11187257,
236317=2013-05-15 14:49:33,1:35:47,0.00746129,9624,0.51,11187257,
236309=2013-05-15 13:13:46,1:12:21,0.00747705,9620,0.51,11187257,
236297=2013-05-15 12:01:25,1:11:39,0.00836480,9566,0.58,11187257,

on a positive note, early June seen us at 155% (and the difficulty had increased)

239894=2013-06-05 14:08:15,1:37:48,0.00694371,12628,1.25,12153411,
239886=2013-06-05 12:30:27,0:23:19,0.00621463,12775,1.55,12153411,
239882=2013-06-05 12:07:08,2:39:04,0.00604346,12657,1.50,12153411,
239860=2013-06-05 09:28:04,1:35:51,0.00625340,12523,1.26,12153411,

[dan7733]

Hi Guys!

Just a quick question here, when the reward crosses the payment threshold, is the payment sent immediately?
Or is there a certain time once a day when all the payments are processed?

Thanks!

[nottm28]

Hi Guys!

Just a quick question here, when the reward crosses the payment threshold, is the payment sent immediately?
Or is there a certain time once a day when all the payments are processed?

Thanks!

There's a short delay but is usually processed within about an hour...

[dan7733]

Hi Guys!

Just a quick question here, when the reward crosses the payment threshold, is the payment sent immediately?
Or is there a certain time once a day when all the payments are processed?

Thanks!

There's a short delay but is usually processed within about an hour...

Thanks!

[dben428]

And new difficulty set to 19339258. Let's hope for the best.

[aurel57]

And new difficulty set to 19339258. Let's hope for the best.

Doom and gloom.... its a race to the end

[bspurloc]

And new difficulty set to 19339258. Let's hope for the best.

Yeah....
 now start the posts about how their shares were less and the diff caused it not the 16,000gh/s to 17,400gh/s change last block...

[bspurloc]

Hi Guys!

Just a quick question here, when the reward crosses the payment threshold, is the payment sent immediately?
Or is there a certain time once a day when all the payments are processed?

Thanks!

There's a short delay but is usually processed within about an hour...

Thanks!

they are sent out hourly if u r at the threshold, but dont sit there staring at your wallet, as payments coming to your wallet and be minutes or hours...

[5120-01-518-6126]

Are there any data for the whole "network luck"? I'm afraid those can't be obtained easily, because the whole network hashrate is calculated from found blocks, thus supposing "network luck" equal to 100 %. This way, one can't differentiate between hashrate changes and luck changes.
Or am I wrong?

On way of looking at it is that luck for the whole network is 100% all the time -- I mean, the network always finds a block.  Another way of looking at it is whether the network is finding blocks in less than 10 minutes average per block (>100%), at 10 minutes average (100%), or longer than 10 minutes average (<100%), but then difficulty changes are used to keep the average as close to 10 minutes as possible.

[guytechie]

Reaper is the only mining software working with my hardware, so I'm limited with what I can use with LTC (reaper, cgminer, bfgminer, none works for me on LTC mining).

Does it mean you have some special hardware?
Is the content in parentheses to be understood in the sense that reaper works for you and the following two programs do not?

I guess it's special.  My 6950 (modded to 6970) seems to have problems with other miners except for reaper with BTC.  However, NOTHING (including reaper) works with LTC mining.

[PrintMule]

Reaper is the only mining software working with my hardware, so I'm limited with what I can use with LTC (reaper, cgminer, bfgminer, none works for me on LTC mining).

Does it mean you have some special hardware?
Is the content in parentheses to be understood in the sense that reaper works for you and the following two programs do not?

I guess it's special.  My 6950 (modded to 6970) seems to have problems with other miners except for reaper with BTC.  However, NOTHING (including reaper) works with LTC mining.

maybe you have not enough ram for scrypt mining?

[Trongersoll]

And new difficulty set to 19339258. Let's hope for the best.

Doom and gloom.... its a race to the end

I've said it before and I'll say it again. Because difficulty rises the same for everyone, it has no affect on reward. it is the increase in hashing power that will diminish your reward and that happens over time as new equipment comes on line.

The difficulty just normalizes the output so it is every 10 minutes. Slush's approximately 10% of the pool will get 10% regardless of the difficulty. I don't care if you believe me, it is what it is.

[organofcorti]

And new difficulty set to 19339258. Let's hope for the best.

Doom and gloom.... its a race to the end

I've said it before and I'll say it again. Because difficulty rises the same for everyone, it has no affect on reward. it is the increase in hashing power that will diminish your reward and that happens over time as new equipment comes on line.

Not really true, unless I'm misunderstanding what you mean. Each difficulty 1 share has an expected value of [Bitcoin reward]/[Mining difficulty], so your expected reward per share is directly affected by mining difficulty (and of course the network hashrate - they are really measuring and affecting similar things)

The difficulty just normalizes the output so it is every 10 minutes. Slush's approximately 10% of the pool will get 10% regardless of the difficulty. I don't care if you believe me, it is what it is.

Sure, but with an increase in difficulty (and of course the  network hashrate) Slush's pool will either find fewer blocks, or if it manages to keep a constant proportion of the network, it will require a greater hashrate.

[guytechie]

Reaper is the only mining software working with my hardware, so I'm limited with what I can use with LTC (reaper, cgminer, bfgminer, none works for me on LTC mining).

Does it mean you have some special hardware?
Is the content in parentheses to be understood in the sense that reaper works for you and the following two programs do not?

I guess it's special.  My 6950 (modded to 6970) seems to have problems with other miners except for reaper with BTC.  However, NOTHING (including reaper) works with LTC mining.

maybe you have not enough ram for scrypt mining?

2GB on card, 16 GB system memory.