Bitcoin Forum
July 21, 2018, 06:04:25 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3235 (80.5%)
Bank transfer / USD - 415 (10.3%)
Gold/silver coins and bars - 371 (9.2%)
Total Voters: 4019

Pages: « 1 ... 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] 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 ... 1144 »
  Print  
Author Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool  (Read 4328525 times)
5120-01-518-6126
Full Member
***
Offline Offline

Activity: 175
Merit: 100


< My mining rig >


View Profile
July 25, 2013, 08:07:57 PM
 #11281


This is also affected by increases in our Hashrate. If our hashrate goes up your return will go down. But, it should be offset by increasing the number of blocks we find. You really can't tell much looking at each individual block, your graph 7 day average is a better indicater.

OK, so you're saying it was a coincidence that this hashrate increase, at the apex of my going from >expected to <expected happened while my miners were having a nap. I wonder what the odds are.

How does the hashrate relate to the shares per block being different? I can't see how that works.


If the pool hash rate stays the same while the network hash rate increases, the pool's chance of finding a block decreases, i.e., it will take longer on average for the pool to find a block.  Similarly, if the pool hash rate is increasing while the network hash rate stays the same, the pool's chance of finding a block increases, resulting in shorter round times.

Now, if your hash rate stays the same while the pool's hash rate increases, your share of the pot decreases because your payout is based in part on your_shares_submitted_during_round divided by pool_shares_submitted_during_round.  Your lower payout will be offset a bit if the pool has an increasing hash rate because the pool will find on average, more blocks.
1532196265
Hero Member
*
Offline Offline

Posts: 1532196265

View Profile Personal Message (Offline)

Ignore
1532196265
Reply with quote  #2

1532196265
Report to moderator
1532196265
Hero Member
*
Offline Offline

Posts: 1532196265

View Profile Personal Message (Offline)

Ignore
1532196265
Reply with quote  #2

1532196265
Report to moderator
1532196265
Hero Member
*
Offline Offline

Posts: 1532196265

View Profile Personal Message (Offline)

Ignore
1532196265
Reply with quote  #2

1532196265
Report to moderator
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532196265
Hero Member
*
Offline Offline

Posts: 1532196265

View Profile Personal Message (Offline)

Ignore
1532196265
Reply with quote  #2

1532196265
Report to moderator
micalith
Hero Member
*****
Offline Offline

Activity: 691
Merit: 501



View Profile
July 25, 2013, 09:52:48 PM
 #11282


This is also affected by increases in our Hashrate. If our hashrate goes up your return will go down. But, it should be offset by increasing the number of blocks we find. You really can't tell much looking at each individual block, your graph 7 day average is a better indicater.

OK, so you're saying it was a coincidence that this hashrate increase, at the apex of my going from >expected to <expected happened while my miners were having a nap. I wonder what the odds are.

How does the hashrate relate to the shares per block being different? I can't see how that works.


If the pool hash rate stays the same while the network hash rate increases, the pool's chance of finding a block decreases, i.e., it will take longer on average for the pool to find a block.  Similarly, if the pool hash rate is increasing while the network hash rate stays the same, the pool's chance of finding a block increases, resulting in shorter round times.

Now, if your hash rate stays the same while the pool's hash rate increases, your share of the pot decreases because your payout is based in part on your_shares_submitted_during_round divided by pool_shares_submitted_during_round.  Your lower payout will be offset a bit if the pool has an increasing hash rate because the pool will find on average, more blocks.

I understand that  your_shares_submitted_during_round / pool_shares_submitted_during_round     is what is affected by respective varying hashrates. As such, an increase in the pool's total hashrate explains why I would get a smaller proportion of the total shares for a block. I know that here is added variance to do with how close your last share in the block is to the end of the block, which would explain why the shares proportion doesn't translate perfectly to my earnt BTC as with a proportional earning pool. What I didn't get was why my earnings might have been more than expected more often than less than expected, until I stopped mining for 8 hours, then started again, with more 'balanced' expected earnings.

To be sure, I plotted the numbers for before and after the outage, though not really enough points to confirm anything. I'm guessing that I was just having a lucky run before the outage. If that's right, then there's no long-term penalty for disconnecting other than the current round. Is that right?

   ██                                                     
██████                                                     
██████████                ████              ████           
█████████████          ██████████        ██████████       
█████  █████████    ███████████████   ████████████████     
█████     ████████████████   ████  ██████████  ██████████ 
█████        ██████████          █████████        █████████
█████         ██████             ██████              ████ 
█████         █████              ████                     
█████         █████              ████                     
█████         █████              ████                     
█████         █████              ████                     
█████         █████              ████                     
█████         █████              ████                     
█████         ███████            ██████              ████ 
█████        ███████████         █████████        █████████
█████     █████████████████  ████   █████████  ██████████ 
█████  █████████    ███████████████   ████████████████     
█████████████          █████████         ██████████       
██████████                ████              ████           
  ████                                                     
/Distributed
Credit Chain
//
/////Empower Credit, Enable Finance/////
GithubFacebookMedium ‹‹‹dcc.finance››› RedditTwitterTelegram
Trongersoll
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
July 25, 2013, 11:38:37 PM
 #11283


This is also affected by increases in our Hashrate. If our hashrate goes up your return will go down. But, it should be offset by increasing the number of blocks we find. You really can't tell much looking at each individual block, your graph 7 day average is a better indicater.

OK, so you're saying it was a coincidence that this hashrate increase, at the apex of my going from >expected to <expected happened while my miners were having a nap. I wonder what the odds are.

How does the hashrate relate to the shares per block being different? I can't see how that works.


If the pool hash rate stays the same while the network hash rate increases, the pool's chance of finding a block decreases, i.e., it will take longer on average for the pool to find a block.  Similarly, if the pool hash rate is increasing while the network hash rate stays the same, the pool's chance of finding a block increases, resulting in shorter round times.

Now, if your hash rate stays the same while the pool's hash rate increases, your share of the pot decreases because your payout is based in part on your_shares_submitted_during_round divided by pool_shares_submitted_during_round.  Your lower payout will be offset a bit if the pool has an increasing hash rate because the pool will find on average, more blocks.

I understand that  your_shares_submitted_during_round / pool_shares_submitted_during_round     is what is affected by respective varying hashrates. As such, an increase in the pool's total hashrate explains why I would get a smaller proportion of the total shares for a block. I know that here is added variance to do with how close your last share in the block is to the end of the block, which would explain why the shares proportion doesn't translate perfectly to my earnt BTC as with a proportional earning pool. What I didn't get was why my earnings might have been more than expected more often than less than expected, until I stopped mining for 8 hours, then started again, with more 'balanced' expected earnings.

To be sure, I plotted the numbers for before and after the outage, though not really enough points to confirm anything. I'm guessing that I was just having a lucky run before the outage. If that's right, then there's no long-term penalty for disconnecting other than the current round. Is that right?

yes, i believe that is right.
CMMPro
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
July 26, 2013, 01:51:50 AM
 #11284

Is the pool address still having trouble?
bspurloc
Hero Member
*****
Offline Offline

Activity: 569
Merit: 500


View Profile
July 26, 2013, 07:11:43 PM
 #11285

i just noticed that it broke thru 25 TH/s

that is the highest i've ever seen the 30-minute average for slush ^_^

gg

It is cuz I added another GPU Miner... I do that and someone adds like 200 Jalapenos!

I feel that way everytime i add a ASICminer stick.  Undecided

I was going to buy 4 ASICminer stick yesterday... but first I went to the calculator to see much my monthly BTC would increase.... then I increased the diff from 31256960 to 36256960 and noted it negated 2 ASICminer stick, so every 10 days 660mh/s gets negated... So I decided maybe I should stop chasing the diff. the Video cards I can sell at a profit, ASICminer stick will be useless soon. well to most people! people with 50+ already will love every single one tossed out heh
Trongersoll
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
July 26, 2013, 07:54:33 PM
 #11286

i just noticed that it broke thru 25 TH/s

that is the highest i've ever seen the 30-minute average for slush ^_^

gg

It is cuz I added another GPU Miner... I do that and someone adds like 200 Jalapenos!

I feel that way everytime i add a ASICminer stick.  Undecided

I was going to buy 4 ASICminer stick yesterday... but first I went to the calculator to see much my monthly BTC would increase.... then I increased the diff from 31256960 to 36256960 and noted it negated 2 ASICminer stick, so every 10 days 660mh/s gets negated... So I decided maybe I should stop chasing the diff. the Video cards I can sell at a profit, ASICminer stick will be useless soon. well to most people! people with 50+ already will love every single one tossed out heh

or sold for cheap. Grin
digital
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
July 26, 2013, 08:12:49 PM
 #11287

i just noticed that it broke thru 25 TH/s

that is the highest i've ever seen the 30-minute average for slush ^_^

gg

It is cuz I added another GPU Miner... I do that and someone adds like 200 Jalapenos!

I feel that way everytime i add a ASICminer stick.  Undecided

I was going to buy 4 ASICminer stick yesterday... but first I went to the calculator to see much my monthly BTC would increase.... then I increased the diff from 31256960 to 36256960 and noted it negated 2 ASICminer stick, so every 10 days 660mh/s gets negated... So I decided maybe I should stop chasing the diff. the Video cards I can sell at a profit, ASICminer stick will be useless soon. well to most people! people with 50+ already will love every single one tossed out heh

or sold for cheap. Grin

That's what I'm waiting for.  It won't be long before you can get them for $100 or less...

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
Trongersoll
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
July 26, 2013, 08:32:19 PM
 #11288

i just noticed that it broke thru 25 TH/s

that is the highest i've ever seen the 30-minute average for slush ^_^

gg

It is cuz I added another GPU Miner... I do that and someone adds like 200 Jalapenos!

I feel that way everytime i add a ASICminer stick.  Undecided

I was going to buy 4 ASICminer stick yesterday... but first I went to the calculator to see much my monthly BTC would increase.... then I increased the diff from 31256960 to 36256960 and noted it negated 2 ASICminer stick, so every 10 days 660mh/s gets negated... So I decided maybe I should stop chasing the diff. the Video cards I can sell at a profit, ASICminer stick will be useless soon. well to most people! people with 50+ already will love every single one tossed out heh

or sold for cheap. Grin

That's what I'm waiting for.  It won't be long before you can get them for $100 or less...


you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.
STT
Legendary
*
Online Online

Activity: 1792
Merit: 1069



View Profile WWW
July 26, 2013, 08:48:05 PM
 #11289

That'd be on par with a BFL chip so probably about right presuming they saturate the market

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
digital
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
July 26, 2013, 08:49:35 PM
 #11290



you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  $1-$5 is a long way off, at least in my mind.  Maybe a couple years down the road, when asic innovation has sped up more...

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
Trongersoll
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
July 26, 2013, 09:14:36 PM
 #11291



you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  

Well ya could yesterday, there were some for $92.95 + $4.75 shipping, but they are gone now.  Tongue
coin4mining
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
July 27, 2013, 01:18:18 AM
 #11292

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.
Trongersoll
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
July 27, 2013, 01:40:11 AM
 #11293

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.

Yes, saddly, this is not a pool for part time miners. you might want to try btcguild.
Synethstesia
Jr. Member
*
Offline Offline

Activity: 42
Merit: 0



View Profile
July 27, 2013, 03:58:56 AM
 #11294

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.

This pool doesnt use Pay Per Share as a reward system, it uses a different system which is a bit difficult to explain as I dont completely understand it, but your reward will quickly drop to zero if you quit mining... This is to combat pool hopping. Leave your miner on through the end of round until a block is found, and you will be paid your reward for that block. Other pools have PPS as options, but the fee is always higher because of pool hoppers... Happy Mining!

If You're Feeling Generous:
1Jhh2ZA59tmzyaNpX9hG1WvdwcuqJ4mhPG
TiborB
Member
**
Offline Offline

Activity: 83
Merit: 10


View Profile
July 27, 2013, 05:51:55 AM
 #11295

Hello, I'm newbie here. I just tried this pool yesterday and already produced about 13-15 shares (I don't remember exactly) and then I turn off my miner and go to bed. This morning I saw my estimated reward become zero and nothing at my unconfirmed/confirmed, so what I've mined yesterday is totally useless?

Thanks.

This pool doesnt use Pay Per Share as a reward system, it uses a different system which is a bit difficult to explain as I dont completely understand it, but your reward will quickly drop to zero if you quit mining... This is to combat pool hopping. Leave your miner on through the end of round until a block is found, and you will be paid your reward for that block. Other pools have PPS as options, but the fee is always higher because of pool hoppers... Happy Mining!

I do not think it is very difficult. The value of each share you submit is calculated with the following formula:

scoreshare = exp(t/C)

where t is round duration in seconds, and C is a constant, currently 200. This means the value of each share is exponentially growing, so old share have significantly lower value compared to recent shares. So if you stop mining while others don't, your part of total pool score for that round will decrease exponentially. You can read the original post about this reward calculation method here: https://bitcointalk.org/index.php?topic=1976.msg50002#msg50002.

Additionally, based on measurement I have found that each hour, t is reset to zero and your score is divided by exp(3600/C). This is probably to prevent an arithmetic overflow (see http://en.wikipedia.org/wiki/Arithmetic_overflow).

Hope this helps,
   T
aurel57
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000



View Profile
July 27, 2013, 12:02:45 PM
 #11296

Whats everyones take on the 4TH/s that keeps popping on and off the pool?  Seem we keep jumping between 21 to 25 TH/s ?
bigbeninlondon
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
July 27, 2013, 12:27:33 PM
 #11297



you can buy them for less than $100 now on Amazon now. i was thinking more like 1-5 USD.

Um, from what I can see, only if you buy 30 of them...lol

Or link please.  Bitmit has some close to $100, but nothing that I would trust has hit that mark yet.  

Well ya could yesterday, there were some for $92.95 + $4.75 shipping, but they are gone now.  Tongue

Group buy for K1 Nanos: ~$55 per USB miner:

https://bitcointalk.org/index.php?topic=262654.msg2805819#msg2805819
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
July 27, 2013, 01:11:01 PM
 #11298

19323   2013-07-27 11:49:47   3:49:17   69134080   651109   0.23972420   248702   25.09203097    92 confirmations left
19322   2013-07-27 08:00:30   0:04:19   1328126   7976           0.16960144   248678   25.06350000    68 confirmations left
19321   2013-07-27 07:56:11   0:26:36   8671428   32000   0.00222735   248676   25.17641000    66 confirmations left
19320   2013-07-27 07:29:35   1:57:38   41683117   339136   0.20216081   248671   25.07072005    61 confirmations left


anyone else get paid less for 19321?
nottm28
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
July 27, 2013, 01:14:28 PM
 #11299

19323   2013-07-27 11:49:47   3:49:17   69134080   651109   0.23972420   248702   25.09203097    92 confirmations left
19322   2013-07-27 08:00:30   0:04:19   1328126   7976           0.16960144   248678   25.06350000    68 confirmations left
19321   2013-07-27 07:56:11   0:26:36   8671428   32000   0.00222735   248676   25.17641000    66 confirmations left
19320   2013-07-27 07:29:35   1:57:38   41683117   339136   0.20216081   248671   25.07072005    61 confirmations left


anyone else get paid less for 19321?

that's some hash power - ~140 GH/s ?

[EDIT] normal payout on that round for me btw

donations not accepted
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
July 27, 2013, 01:33:10 PM
 #11300

over 200GH/s Smiley and thats only half, the other half is at btcguild(namecoin bonus) 5 x avalon 82-85GH/s


edit: damn, maybe i had a disconnect then? got slightly less int he round after also
Pages: « 1 ... 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] 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 ... 1144 »
  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!