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Question: What type of pool payouts do you prefer?
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Author Topic: [2+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4323879 times)
cr1776
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August 20, 2013, 06:08:42 PM
 #11661

Now it appears that they are both confirmed instead of invalid.

Why tese happens, again two in a row ?

19682    2013-08-19 22:47:11    2:19:51    71506708    208054    0.06592060    253091    25.37953223    invalid
19681    2013-08-19 20:27:20    2:21:40    71930298    210595    0.07538372    253075    25.28987285    invalid


Hopefully Slush will do some troubleshooting.  Both of these blocks showing valid on main chain.
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5120-01-518-6126
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August 20, 2013, 07:21:14 PM
 #11662

Now it appears that they are both confirmed instead of invalid.

Why tese happens, again two in a row ?

19682    2013-08-19 22:47:11    2:19:51    71506708    208054    0.06592060    253091    25.37953223    invalid
19681    2013-08-19 20:27:20    2:21:40    71930298    210595    0.07538372    253075    25.28987285    invalid


Hopefully Slush will do some troubleshooting.  Both of these blocks showing valid on main chain.

Stealth Slush  Smiley
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August 21, 2013, 02:57:26 AM
 #11663

19695   2013-08-20 16:36:14   2:42:38   83893598   69264   0.02116766   253220   25.20305002    invalid

another one popped up =/

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threedrules
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August 21, 2013, 05:00:44 AM
 #11664

once again if you click it its valid
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August 21, 2013, 05:19:21 AM
 #11665


19695    2013-08-20 16:36:14    2:42:38    83893598    11780    0.00344829    253220    25.20305002    invalid

Shows relayed by Slush and valid on Main Chain -- fix plz.  Any idea why the pool servers are starting to throw these errors?
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August 21, 2013, 07:06:08 AM
 #11666


19695    2013-08-20 16:36:14    2:42:38    83893598    11780    0.00344829    253220    25.20305002    invalid

Shows relayed by Slush and valid on Main Chain -- fix plz.  Any idea why the pool servers are starting to throw these errors?

yeah valid....
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August 21, 2013, 11:54:41 AM
 #11667

I have found a new block...do i get some more from it or is it just information?

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August 21, 2013, 01:04:17 PM
 #11668

I have found a new block...do i get some more from it or is it just information?

you get the same like everyone else...
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August 21, 2013, 01:08:56 PM
 #11669

So why the big fuzz that i have found a block in my statistics lol?

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August 21, 2013, 01:10:49 PM
 #11670

So why the big fuzz that i have found a block in my statistics lol?

well, you can be happy that you became a part of the bitcoin history Smiley
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August 21, 2013, 01:18:33 PM
 #11671

So why the big fuzz that i have found a block in my statistics lol?

People also use it to determine their individual luck.  If you've found 5 blocks total, and have a total payout of 140 btc then your more profitable than you would be solo mining, hence lucky. 

However if you have found 5 blocks total but have only been paid out 100 btc, then you're less profitable than you would have been solo mining, hence unlucky.

This is all assuming you only mined after the block halving.

Personally, I've found 7 blocks, and have been paid out 468 btc.  So I'm well ahead of the game (95% of those stats were earned pre-block halving so my blocks count as 50 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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August 21, 2013, 01:22:06 PM
 #11672

I found 5 blocks (one before halving) and I was paid out 27 BTC, so I'm sponsoring the pool Smiley
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August 21, 2013, 01:40:39 PM
 #11673

Doesn't your luck in finding blocks within the pool sort of differ from finding blocks on your own solo-mining?

Like ...the blocks you find would probably not be looked at by your miners unless you were within the pool so therefore you probably wouldn't have found those specific blocks... but i guess with that logic, you still have the same chances of finding a block either way.

I was on bitminter for 1 week when I found my first block. I'm running 20 gh/s, with pool mining I will basically never get to 25btc.

Does this mean that technically I had the same chances of finding that block while solo mining?

And if so, does anyone think I could actually find a block using a 20 gh/s, from my understanding its basically a crapshoot or near impossible. Or was my 1 block in 1 week a total anomaly?

Just wonderwandering here...


So why the big fuzz that i have found a block in my statistics lol?

People also use it to determine their individual luck.  If you've found 5 blocks total, and have a total payout of 140 btc then your more profitable than you would be solo mining, hence lucky. 

However if you have found 5 blocks total but have only been paid out 100 btc, then you're less profitable than you would have been solo mining, hence unlucky.

This is all assuming you only mined after the block halving.

Personally, I've found 7 blocks, and have been paid out 468 btc.  So I'm well ahead of the game (95% of those stats were earned pre-block halving so my blocks count as 50 btc).

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August 21, 2013, 02:06:21 PM
 #11674

I'm pretty sure your odds are the same.  Pool difficulty is less than the network difficulty, but every time you find a share you are solving the pool problem.  The pool just compares your result against the network problem to see if you solved the block.

But just because the odds are the same, doesn't mean you will find a block solo mining after 1 week.  There are calculators out there that can tell you based on the difficulty and your ghash how long it SHOULD take you to find a block solo mining, but that doesn't mean that is how it will turn out.

People tend to use pools because they equal steady income over time.  Solo mining is more like playing the lottery.  But in the long term (years) they should just about equal out.

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
digital
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August 21, 2013, 02:11:34 PM
 #11675

This is a good place to check if you're thinking about solo mining...

http://www.bitcoinx.com/profit/

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
eleuthria
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August 21, 2013, 04:09:49 PM
 #11676

But in the long term (years) they should just about equal out.

Just FYI, to equal out over the course of years, you would need a decent amount of speed (50 GH/s+ right now) that continues to grow proportional to overall network speed.  Otherwise, you're looking at a time frame of decades/centuries or more :p.  Right now, 50 GH/s on average won't even find a block per month, meaning you'll on average see 2-3 difficulty changes between solves.  A bad luck round is normally 3-5x expected time frame, which at 50 GH/s [and upgrading each difficulty increase] would be 5-9 months.  Extremely bad luck rounds (which do happen) are up to 10x difficulty (and very rarely, even worse).

It would likely take you years to recover from that bad round, assuming you continue to increase your hash rate proportional to the network difficulty the entire time.  The flip side is, you could end up _way_ ahead with some good luck rounds early on.

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digital
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August 21, 2013, 04:20:23 PM
 #11677

But in the long term (years) they should just about equal out.

Just FYI, to equal out over the course of years, you would need a decent amount of speed (50 GH/s+ right now) that continues to grow proportional to overall network speed.  Otherwise, you're looking at a time frame of decades/centuries or more :p.  Right now, 50 GH/s on average won't even find a block per month, meaning you'll on average see 2-3 difficulty changes between solves.  A bad luck round is normally 3-5x expected time frame, which at 50 GH/s [and upgrading each difficulty increase] would be 5-9 months.  Extremely bad luck rounds (which do happen) are up to 10x difficulty (and very rarely, even worse).

It would likely take you years to recover from that bad round, assuming you continue to increase your hash rate proportional to the network difficulty the entire time.


Yep.  Just more specific.  That's all info they can get from the link I provided above.  And they can include more variables as well, such as electricity costs, startup costs, etc.

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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August 21, 2013, 05:58:47 PM
 #11678


........And if so, does anyone think I could actually find a block using a 20 gh/s, from my understanding its basically a crapshoot or near impossible. Or was my 1 block in 1 week a total anomaly?

Just wonderwandering here...

I was under the impression our jobs as pool miners was to let the pool know which Nonce isn't the right hash?
If I want Blocks I'd go solo.
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August 21, 2013, 09:01:38 PM
 #11679

Well, it has also to do with luck i guess...in the top 50 list there is someone with several blocks on his name and only hashing with 20Mhash/s Cheesy

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August 21, 2013, 09:13:20 PM
 #11680

Well, it has also to do with luck i guess...in the top 50 list there is someone with several blocks on his name and only hashing with 20Mhash/s Cheesy


cuz they found those blocks when 20mh/s was GODLY!
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