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Question: What type of pool payouts do you prefer?
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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3926341 times)
nottm28
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June 27, 2013, 08:35:49 PM
 #10761

Note how I have quoted Paulizei without spamming everyone with a massive post just to make a small point Smiley

does that mean, that i've quoted too much? sorry, my english is propably too bad to figure out the message between the lines.

i hope this question isn't spamming this thread (again?)

No Paulizei not aimed at you - no offense - just helps to cut out parts of a quote - like I did with yours Smiley

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June 27, 2013, 08:36:36 PM
 #10762

this is not directed at any one person but in general to the @AMD 7870 posts above: I just recently upgraded my gaming rig to 7870 ghz edition (hit a 185$ deal on newegg ~2 weeks ago?) and i run it on win7 latest drivers and I get ~405 Mh/s average just using guiminer, which everyone loves to hate it seems, but it runs fine with latest drivers... so I am happy. I am more of a gamer than a miner tho, so my priorities are skewed.

for people who are more knowledgeable i am wondering: my gpu clock is set at 1100. what kind of Mh/s would I be getting if I did do a driver-downgrade and ran cgminer instead...? would it really be so much higher than the ~405Mh/s that i currently get with guiminer?

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June 27, 2013, 08:39:16 PM
 #10763

this is not directed at any one person but in general to the @AMD 7870 posts above: I just recently upgraded my gaming rig to 7870 ghz edition (hit a 185$ deal on newegg ~2 weeks ago?) and i run it on win7 latest drivers and I get ~405 Mh/s average just using guiminer, which everyone loves to hate it seems, but it runs fine with latest drivers... so I am happy. I am more of a gamer than a miner tho, so my priorities are skewed.

for people who are more knowledgeable i am wondering: my gpu clock is set at 1100. what kind of Mh/s would I be getting if I did do a driver-downgrade and ran cgminer instead...? would it really be so much higher than the ~405Mh/s that i currently get with guiminer?

We all used to be gamers too before we found mining...

Nah, I think 420 max for your card so 405 is good enough. I have the same card running at 400 and I'm happy with that - don't want it to overheat...

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nottm28
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June 27, 2013, 08:43:12 PM
 #10764

As hashrate goes up, block rewards go down
But don't worry baby, don't frown
Cause we'll just find a few more blocks per day
I'll all average out for you, in a way

Dont spend all your time on slush' page hitting "stats"
The lower block reward will make you go nuts
Switch over to graphs, at least for a while
Day earnings quite constant, that will make you smile

Besides, thanks for asking, my post count is fine
I really have plenty of time while i mine
But diff will go up, i guess saturday
And thats what will take our earnings away

hahaha....really excellent!!! 

You should upload a video of this to youtube and post a link here - great!

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June 27, 2013, 08:46:21 PM
 #10765

No Paulizei not aimed at you - no offense - just helps to cut out parts of a quote - like I did with yours Smiley

Ok, will try to quote less or shorter. Appreciate your input as I'm quite new writing here and still having my issues with (liverpool) english Wink
[No offense of course, too! Just kidding]

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June 27, 2013, 08:47:46 PM
 #10766

No Paulizei not aimed at you - no offense - just helps to cut out parts of a quote - like I did with yours Smiley

Ok, will try to quote less or shorter. Appreciate your input as I'm quite new writing here and still having my issues with (liverpool) english Wink
[No offense of course, too! Just kidding]


Brilliant - you got it - luckily for you I write in English not scouse Smiley

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June 27, 2013, 08:48:16 PM
 #10767

As hashrate goes up, block rewards go down
But don't worry baby, don't frown
Cause we'll just find a few more blocks per day
I'll all average out for you, in a way

Dont spend all your time on slush' page hitting "stats"
The lower block reward will make you go nuts
Switch over to graphs, at least for a while
Day earnings quite constant, that will make you smile

Besides, thanks for asking, my post count is fine
I really have plenty of time while i mine
But diff will go up, i guess saturday
And thats what will take our earnings away

hahaha....really excellent!!! 

heh, The Miner's Lament

*insert appropriate begging line here* 
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June 27, 2013, 08:52:54 PM
 #10768

Just curious, does anyone know what the 100% figures really are on the pool luck? As of right now the luck is:
Pool luck (1 day, 7 days, 30 days):   51%, 98%, 95%.  And since we found 10 blocks today I can guess that the 1 day luck is finding 20 blocks.  Is that correct?
Pool luck 100% mean we find blocks after exactly 'difficulty' shares, so if we have found today 10 block with total of 193392580 shares we are at 100% if we have found 10 blocks with 386785160 shares calculated we are at 50% luck and if found after just 96696290 shares we are at 200%
The same for the weekly and monthly luck:
Luck = shares calculated / blocks found / difficulty * 100
To make it easier to calculate with the difficulty changing from time to time Slush probably calculates the % for each round and then just averages the % for the period i.e.
round luck = shares / difficulty * 100
There is small mistake introduced at each difficulty change, because part of the shares are against the old difficulty, but it can be ignored and not worth the complication of calculations

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
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June 27, 2013, 08:54:35 PM
 #10769

181 TH/s total network hash rate

http://blockchain.info/charts/hash-rate

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June 27, 2013, 09:05:22 PM
 #10770

181 TH/s total network hash rate

http://blockchain.info/charts/hash-rate


Yeah it hit that yesterday I think, but current is 160TH/s...
https://blockchain.info/stats

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June 28, 2013, 01:07:49 AM
 #10771

man, i just saw the latest graph. my daily performance was real suckage today. even dragged my 7 day average way down. Sad

*insert appropriate begging line here* 
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June 28, 2013, 01:23:33 AM
 #10772

man, i just saw the latest graph. my daily performance was real suckage today. even dragged my 7 day average way down. Sad

Today sucked big time.  The pool luck was very low. 

Hey I spent some bitcoin on mining hardware that I'd like to earn back.  Everyone in the bitcoin mining community needs to stop mining for a few weeks, so I can earn my coins back.  OK   Grin

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June 28, 2013, 03:55:22 AM
 #10773

Wow.  37 BTC block?  12 BTC in fees!!  That was nice.

Somebody must have screwed up!
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June 28, 2013, 03:56:12 AM
 #10774

man, i just saw the latest graph. my daily performance was real suckage today. even dragged my 7 day average way down. Sad

Today sucked big time.  The pool luck was very low. 

Hey I spent some bitcoin on mining hardware that I'd like to earn back.  Everyone in the bitcoin mining community needs to stop mining for a few weeks, so I can earn my coins back.  OK   Grin



that is waht syn floods are for derpa!
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June 28, 2013, 03:56:42 AM
 #10775

man, i just saw the latest graph. my daily performance was real suckage today. even dragged my 7 day average way down. Sad

Today sucked big time.  The pool luck was very low. 

Hey I spent some bitcoin on mining hardware that I'd like to earn back.  Everyone in the bitcoin mining community needs to stop mining for a few weeks, so I can earn my coins back.  OK   Grin



I finally left my beloved Shush's pool a week ago, and moved on as planned and converted all my gpu miners to Litecoin. I only wish I had done it a month ago now. The earnings rate for me is almost 40% higher than were I was at in here just a little over a week ago. So now I sit and wait for my asics,,,, one day maybe, once they arrive I will be back at 45 g/hash, but even then I fear that will not be enough by the time I get em in? But like Arnold says  "Ill be back" lol,,,,,

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June 28, 2013, 03:59:40 AM
 #10776

Maybe I'm missing something, but it seems that this payout strategy is obviously vulnerable to hopping.

If there's any time a miner can identify where he gets a higher payout than he would get solo mining, the pool is vulnerable to hopping. Obviously, the payouts can't always be better than solo mining. So if it's sometimes better, it must also sometimes be worse. If a miner can tell when it's better, he can mine only when it's better.

Say it's the very beginning of the round. If I mine a block before anyone else submits a share, I get the whole 25 BTC. So the payout at the very beginning of a round is as good as solo mining. And if I don't mine a block and someone else does very shortly after me, I get a non-zero payout. Thus mining at the beginning of a round is better than solo mining.

I must be missing something because this is pretty obvious.


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June 28, 2013, 04:09:58 AM
 #10777

Wow.  37 BTC block?  12 BTC in fees!!  That was nice.

Somebody must have screwed up!

Woooah!

http://blockchain.info/tx/024e7b211ff8fdc5371c5df9dd02bedca22f153fb41620ce1d41a6d6bbabc15f

12.6 BTC in fees!

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June 28, 2013, 04:58:41 AM
 #10778

Wow.  37 BTC block?  12 BTC in fees!!  That was nice.

Somebody must have screwed up!

Woooah!

http://blockchain.info/tx/024e7b211ff8fdc5371c5df9dd02bedca22f153fb41620ce1d41a6d6bbabc15f

12.6 BTC in fees!

Yeah, a 942 BTC transaction.
DoomDumas
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June 28, 2013, 08:02:45 AM
 #10779

Wow.  37 BTC block?  12 BTC in fees!!  That was nice.

Somebody must have screwed up!

Wow, indeed what a nice block to find on the pool you mine Smiley Smiley

http://blockchain.info/block/00000000000000c17a0863b994c6e551d02f581e39ea2e1212c4a55e2af1d8fc?site=slush

Joy !


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June 28, 2013, 09:25:45 AM
 #10780

I am curious about the large fluctuations in the total network hashrate. I mean 20,000 GH/s is the size of Slush's entire pool, how does that much compute power come and go so quickly?  Its like someone with 40 BFL Mini Rigs is dropping in and out of the network.

Network hashrate is calculated from the count of blocks found, there's no other way to determine it. But block frequency varies according to the luck. As we can't determine current luck, we have to take it into account always being 100 %. Sure this is not true, and so we are observing variations in network hashrate that don't exist in fact.
Certainly I don't want to say there aren't any variations. They are. But I can't tell how big they really are. Can someone go further and calculate the probable contribution of this effect to the total variation?

  • Miners' workers can tell their hashrate exactly.
  • The pools calculate their hashrates from shares of difficulty 1 or more. With ASICs comming, there'll be more of "more", and the accuracy will go down. Well only absolutely, maybe, and the relative accuracy can be maintained, as the hashrate increases also.
  • The whole network has no means to determine its total hashrate other than from the blocks found, as stated above. [edit:] With increasing difficulty, variations will increase and the accuracy will continue going down.

[edted after n0creativity's reply]:
The pools get 232 less haashes from the miners than the miners themselves calculate. (Or even less, when client difficulty set to > 1.) But they don't obtain them equaly in time, rather with variable frequency according to the luck.

The whole network only gets blocks of current difficulty from both pools and solo miners. (So currently it gets other 19M times less hashes than the pools do.) There's nothing like shares at the network level. Shares' only purpose is to enable reward distribution among pools' clients.
And again, luck (variation) applies.
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