Bitcoin Forum
September 27, 2016, 12:12:44 AM *
News: Latest stable version of Bitcoin Core: 0.13.0 (New!) [Torrent]. Make sure you verify it.
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3151 (80.4%)
Bank transfer / USD - 407 (10.4%)
Gold/silver coins and bars - 359 (9.2%)
Total Voters: 3915

Pages: « 1 ... 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 [517] 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 ... 1104 »
  Print  
Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3854040 times)
bspurloc
Hero Member
*****
Offline Offline

Activity: 569


View Profile
June 20, 2013, 01:25:47 PM
 #10321

how come block 242334 is invalid?
does this happen often?

in simplest terms.... if u want a more exacting reason just hold on I'm sure someone would love to say no I'm wrong its this.

when a block is found it needs to be communicated it was completed, when delays occur to do that another may complete it also, causing 1 of them to be invalid.
1 or 2 a week seems the norm more than that means it should be looked at more closely.
1474935164
Hero Member
*
Offline Offline

Posts: 1474935164

View Profile Personal Message (Offline)

Ignore
1474935164
Reply with quote  #2

1474935164
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1474935164
Hero Member
*
Offline Offline

Posts: 1474935164

View Profile Personal Message (Offline)

Ignore
1474935164
Reply with quote  #2

1474935164
Report to moderator
1474935164
Hero Member
*
Offline Offline

Posts: 1474935164

View Profile Personal Message (Offline)

Ignore
1474935164
Reply with quote  #2

1474935164
Report to moderator
1474935164
Hero Member
*
Offline Offline

Posts: 1474935164

View Profile Personal Message (Offline)

Ignore
1474935164
Reply with quote  #2

1474935164
Report to moderator
digital
Hero Member
*****
Offline Offline

Activity: 490


View Profile
June 20, 2013, 01:30:43 PM
 #10322

how come block 242334 is invalid?
does this happen often?

in simplest terms.... if u want a more exacting reason just hold on I'm sure someone would love to say no I'm wrong its this.

when a block is found it needs to be communicated it was completed, when delays occur to do that another may complete it also, causing 1 of them to be invalid.
1 or 2 a week seems the norm more than that means it should be looked at more closely.

Basically right on the money.  I would just word it differently.

When a block is found, it has to be reported to the network.  Even though that reporting is very quick it still takes time.  And in rare instances, another pool/miner will think they found that same block in the time between the original pool/miner finding it and the network getting the report.  When that happens, the second pool/miner to find it will get it marked as invalid.

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
trasla
Hero Member
*****
Offline Offline

Activity: 639



View Profile
June 20, 2013, 01:42:39 PM
 #10323

Actually, if i got right how it works, the time when the block is found does not determine which one is invalid.
It depends on which block will have the next one based on it.

Lets say one pool finds block 17a and one finds 17b. This has to happen in a small time frame, because if either pool had known about the 17 block, it would have stopped working on nr 17 and started working on 18. But it does not matter which one was found first. Both pools relay the found block, so we have some nodes who get notified about 17a first, and disregard messages about 17b cause they already know a valid 17 block, and some the other way round. Some nodes (pools) now work on 18 based on 17a, some work on 18 based on 17b.
As soon as a node finds 18, others get notified and start working on 19. This chain contains either 17a or 17b, the one contained is valid, cause the chain with the other one will not get any longer, cause pools will not work on a 18 based on it, but on a 19 based on the longer chain.

That said, the statistics page on slush pool probably just counts down the block numbers for the number of confirmations needed.
In theory, one could check whether the block is actually contained in the longest chain and display "invalid" way before the 100 has counted down.
digital
Hero Member
*****
Offline Offline

Activity: 490


View Profile
June 20, 2013, 02:07:33 PM
 #10324

Actually, if i got right how it works, the time when the block is found does not determine which one is invalid.
It depends on which block will have the next one based on it.

Lets say one pool finds block 17a and one finds 17b. This has to happen in a small time frame, because if either pool had known about the 17 block, it would have stopped working on nr 17 and started working on 18. But it does not matter which one was found first. Both pools relay the found block, so we have some nodes who get notified about 17a first, and disregard messages about 17b cause they already know a valid 17 block, and some the other way round. Some nodes (pools) now work on 18 based on 17a, some work on 18 based on 17b.
As soon as a node finds 18, others get notified and start working on 19. This chain contains either 17a or 17b, the one contained is valid, cause the chain with the other one will not get any longer, cause pools will not work on a 18 based on it, but on a 19 based on the longer chain.

That said, the statistics page on slush pool probably just counts down the block numbers for the number of confirmations needed.
In theory, one could check whether the block is actually contained in the longest chain and display "invalid" way before the 100 has counted down.

I've never heard it described that way before.  And if that's true, then the chain forks after every block found....

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
trasla
Hero Member
*****
Offline Offline

Activity: 639



View Profile
June 20, 2013, 02:15:14 PM
 #10325

Why should the chain fork after every block?
If a block is found, nodes get notified about it, stop working on the block they were working on and start working on the next one. With enough time between new blocks found, a fork would never occur.
A fork does only occur, if any node finds a block and another nodes finds the same before getting to know about the first.

Though the first block is not necessarily the one who wins, probability is on its side, of course, because if its found earlier, more nodes might hear about that one first, and thus more pools will be working to expand the chain based on the early block instead of the later one. But if a node with fast connection to the one who found th later block heard about it first, and gets a (lucky) quick hit with the next one, the early block will be invalid.
digital
Hero Member
*****
Offline Offline

Activity: 490


View Profile
June 20, 2013, 02:20:09 PM
 #10326

Why should the chain fork after every block?
If a block is found, nodes get notified about it, stop working on the block they were working on and start working on the next one. With enough time between new blocks found, a fork would never occur.
A fork does only occur, if any node finds a block and another nodes finds the same before getting to know about the first.

Though the first block is not necessarily the one who wins, probability is on its side, of course, because if its found earlier, more nodes might hear about that one first, and thus more pools will be working to expand the chain based on the early block instead of the later one. But if a node with fast connection to the one who found th later block heard about it first, and gets a (lucky) quick hit with the next one, the early block will be invalid.

Yeah, I didn't actually mean every block found, but with every invalid block anyone ever finds, the chain forks.  Even if it's only for a short while.

interesting

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
trasla
Hero Member
*****
Offline Offline

Activity: 639



View Profile
June 20, 2013, 02:28:42 PM
 #10327

Yes, every invalid block is a fork, thats why it is invalid - it is not part of the longest chain.
Those forks are usually just one block long, though.
The chance for both sides of the fork to grow longer at the same time again is quite low.

There is a picture illustrating this on wikipedia:
http://de.wikipedia.org/wiki/Bitcoin#Block_Chain
n0creativity
Member
**
Offline Offline

Activity: 65


Sys Admin


View Profile
June 20, 2013, 03:13:35 PM
 #10328

Just got this emailed to me from Avalon.
http://imgur.com/a/fqpME

From those pictures, any drop in network hash rate is only temporary.

And it's back... Oh well.

On another note, I love how when slush starts finding blocks the hashrate jumps by 1,000 or more. I see it in my head like the idiots at the casino who watch someone hit jackpot on a slot machine and stand in line to play it because they think its "hot".  I'm the guy who goes over to the machine they just lost on for an hour and make some quick money while the machine evens its payout ratio.

~~~~~~~~
Software is like sex: it's better when it's free... Linus Torvalds
~~~~~~~~~~~~~~~~
If I helped ya, feel free to drop me some coins... 1JF91kFQWnVAkwG1chn2fnrzotNyg1TxDQ
~~~~~~~~
desired_username
Hero Member
*****
Offline Offline

Activity: 867


View Profile
June 20, 2013, 03:15:27 PM
 #10329

Just got this emailed to me from Avalon.
http://imgur.com/a/fqpME

From those pictures, any drop in network hash rate is only temporary.

And it's back... Oh well.

On another note, I love how when slush starts finding blocks the hashrate jumps by 1,000 or more. I see it in my head like the idiots at the casino who watch someone hit jackpot on a slot machine and stand in line to play it because they think its "hot".  I'm the guy who goes over to the machine they just lost on for an hour and make some quick money while the machine evens its payout ratio.

This. I can imagine how much time they waste monitoring pools all the time Smiley
trasla
Hero Member
*****
Offline Offline

Activity: 639



View Profile
June 20, 2013, 03:17:37 PM
 #10330

I'm the guy who goes over to the machine they just lost on for an hour and make some quick money while the machine evens its payout ratio.

Only theres no mechanism evening the payout-ratio for unlucky pools Smiley
(Of course there is no reason to jump to a pool thats found some lucky quick blocks, too.)
n0creativity
Member
**
Offline Offline

Activity: 65


Sys Admin


View Profile
June 20, 2013, 03:23:48 PM
 #10331

I'm the guy who goes over to the machine they just lost on for an hour and make some quick money while the machine evens its payout ratio.

Only theres no mechanism evening the payout-ratio for unlucky pools Smiley
(Of course there is no reason to jump to a pool thats found some lucky quick blocks, too.)

Very true... which is why I just stay here with Slush. My luck goes as this pool's luck goes.  I don't have time to be changing all my miners around like a day trader dealing in penny stocks.  I have my failover pools setup, but that's about it.

~~~~~~~~
Software is like sex: it's better when it's free... Linus Torvalds
~~~~~~~~~~~~~~~~
If I helped ya, feel free to drop me some coins... 1JF91kFQWnVAkwG1chn2fnrzotNyg1TxDQ
~~~~~~~~
bspurloc
Hero Member
*****
Offline Offline

Activity: 569


View Profile
June 20, 2013, 04:22:43 PM
 #10332

Actually, if i got right how it works, the time when the block is found does not determine which one is invalid.
It depends on which block will have the next one based on it.

Lets say one pool finds block 17a and one finds 17b. This has to happen in a small time frame, because if either pool had known about the 17 block, it would have stopped working on nr 17 and started working on 18. But it does not matter which one was found first. Both pools relay the found block, so we have some nodes who get notified about 17a first, and disregard messages about 17b cause they already know a valid 17 block, and some the other way round. Some nodes (pools) now work on 18 based on 17a, some work on 18 based on 17b.
As soon as a node finds 18, others get notified and start working on 19. This chain contains either 17a or 17b, the one contained is valid, cause the chain with the other one will not get any longer, cause pools will not work on a 18 based on it, but on a 19 based on the longer chain.

That said, the statistics page on slush pool probably just counts down the block numbers for the number of confirmations needed.
In theory, one could check whether the block is actually contained in the longest chain and display "invalid" way before the 100 has counted down.

I like this explanation cuz I totally stop paying attention to what I am reading and just accept it for fact. I just want BTC! trying to not try to understand how it works precisely! haha
bspurloc
Hero Member
*****
Offline Offline

Activity: 569


View Profile
June 20, 2013, 04:26:50 PM
 #10333

Just got this emailed to me from Avalon.
http://imgur.com/a/fqpME

From those pictures, any drop in network hash rate is only temporary.

And it's back... Oh well.

On another note, I love how when slush starts finding blocks the hashrate jumps by 1,000 or more. I see it in my head like the idiots at the casino who watch someone hit jackpot on a slot machine and stand in line to play it because they think its "hot".  I'm the guy who goes over to the machine they just lost on for an hour and make some quick money while the machine evens its payout ratio.

This. I can imagine how much time they waste monitoring pools all the time Smiley

scripts only require time to write them after that u sit back feeding your face
dopamine
Sr. Member
****
Offline Offline

Activity: 471



View Profile
June 20, 2013, 06:09:18 PM
 #10334

What setting should I put for suggested difficulty if I own a avalon?

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
n0creativity
Member
**
Offline Offline

Activity: 65


Sys Admin


View Profile
June 20, 2013, 06:48:46 PM
 #10335


On another note, I love how when slush starts finding blocks the hashrate jumps by 1,000 or more. I see it in my head like the idiots at the casino who watch someone hit jackpot on a slot machine and stand in line to play it because they think its "hot".  I'm the guy who goes over to the machine they just lost on for an hour and make some quick money while the machine evens its payout ratio.

This. I can imagine how much time they waste monitoring pools all the time Smiley

scripts only require time to write them after that u sit back feeding your face

Also true... although the tough part is writing a script that can accurately predict a pool's luck.  I'll get on that right after I finish writing the script that will tell me the next numbers in the lottery...  Wink

~~~~~~~~
Software is like sex: it's better when it's free... Linus Torvalds
~~~~~~~~~~~~~~~~
If I helped ya, feel free to drop me some coins... 1JF91kFQWnVAkwG1chn2fnrzotNyg1TxDQ
~~~~~~~~
ibfr33k
Member
**
Offline Offline

Activity: 75


View Profile
June 20, 2013, 06:56:22 PM
 #10336

Send me a copy when you get it done  Grin

I'm a noob just starting, all donations are welcome.  13DXKRXQncUnWAFtemSwNH7boRZfEfsg5a
bspurloc
Hero Member
*****
Offline Offline

Activity: 569


View Profile
June 20, 2013, 07:47:27 PM
 #10337


On another note, I love how when slush starts finding blocks the hashrate jumps by 1,000 or more. I see it in my head like the idiots at the casino who watch someone hit jackpot on a slot machine and stand in line to play it because they think its "hot".  I'm the guy who goes over to the machine they just lost on for an hour and make some quick money while the machine evens its payout ratio.

This. I can imagine how much time they waste monitoring pools all the time Smiley

scripts only require time to write them after that u sit back feeding your face

Also true... although the tough part is writing a script that can accurately predict a pool's luck.  I'll get on that right after I finish writing the script that will tell me the next numbers in the lottery...  Wink



its not the luck you are after it is a block being found.
if u r on pool x for 5 hours and pool x doesnt score like slush where leaving nets u 0, and script sees slush just found a block, then move all to slush hoping for a quick block. win win if it happens with that kind of speed.
then u just decide what to do if the next block takes more than 2 hours or something.
what do these people care, they have 500gh/s+ and most likely have 1000's of btc.
many rich people are greedy and need schemes to milk every drop.


OH... also some have other pools set as the backup... so if other pools are being syn flooded then their SCRIPTS would move them to slush if slush was the backup.... regardless of luck
bspurloc
Hero Member
*****
Offline Offline

Activity: 569


View Profile
June 20, 2013, 07:49:40 PM
 #10338

What setting should I put for suggested difficulty if I own a avalon?

if you owned an avalon you would know the speed. then in the miner setup pull down for DIFF u would select the speed and the associated diff. if you knew the speed and told us we could go to the miner settings and interact with the pull down to tell you too
dopamine
Sr. Member
****
Offline Offline

Activity: 471



View Profile
June 20, 2013, 08:24:21 PM
 #10339

didnt see the drop down menu thanks  Grin

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
n0creativity
Member
**
Offline Offline

Activity: 65


Sys Admin


View Profile
June 20, 2013, 08:52:38 PM
 #10340



Also true... although the tough part is writing a script that can accurately predict a pool's luck.  I'll get on that right after I finish writing the script that will tell me the next numbers in the lottery...  Wink



its not the luck you are after it is a block being found.
if u r on pool x for 5 hours and pool x doesnt score like slush where leaving nets u 0, and script sees slush just found a block, then move all to slush hoping for a quick block. win win if it happens with that kind of speed.
then u just decide what to do if the next block takes more than 2 hours or something.
what do these people care, they have 500gh/s+ and most likely have 1000's of btc.
many rich people are greedy and need schemes to milk every drop.


OH... also some have other pools set as the backup... so if other pools are being syn flooded then their SCRIPTS would move them to slush if slush was the backup.... regardless of luck

And how, exactly, is that not just a method of attempting to predict luck?

1st off any decent mining app has failover capability not need for a script... if yours doesn't I suggest switching (cgminer is my personal pref).
I am happy being the tortoise rather than the hair but if I was going to attempt to outwit luck it would go something like this:
Personally I would consider mining constantly on a PPS or PPLNS and only switch to slush when the following condition occurs:

Take the last N rounds (probably 100) on slush, round them to the nearest 15 minute mark (so 18 would = 15, 24 would = 30, 65 would = 60, 207.6 would = 215,  etc...) and then take the arithmatic mode of that list, subtract 10 minutes and if any given round on slush hits that time mark, I would switch to mining Slush with the hope that Slush would find a block about 10 minutes after I switch over so I get paid full share on slush and all my PPS or PPLNS are making money.

But I would still be trying to determine how lucky the Slush pool is.

~~~~~~~~
Software is like sex: it's better when it's free... Linus Torvalds
~~~~~~~~~~~~~~~~
If I helped ya, feel free to drop me some coins... 1JF91kFQWnVAkwG1chn2fnrzotNyg1TxDQ
~~~~~~~~
Pages: « 1 ... 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 [517] 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 ... 1104 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!