40-Pin
Newbie
 Offline
Activity: 13
Merit: 0
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August 29, 2013, 06:11:42 PM |
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11:10:14
Sorry if this is a stupid question but why the slowdown lately?
Difficulty... I understand that but thought there might be some other factor going on (been out of town for the last two weeks so haven't been keeping up on bitcoin news). Never seen difficulty hit this fast, last week there was seeing 16-25 blocks a day. Then again there is always the randomness of it all. Thanks for your reply. |
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"Governments are good at cutting off the heads of a centrally
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to be holding their own." -- Satoshi
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gourmet
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August 29, 2013, 06:27:32 PM
Last edit: August 29, 2013, 06:41:51 PM by gourmet |
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What process takes place behind 100 confirmations counting down to zero when earnings become confirmed. I joined a different pool for a couple of days but there was no such thing there.
I'm back to slush for the fact that it is so simple... and I've gotten a lot of support here.
The process is just waiting for other blocks to be generated, to make sure the block found by the pool is part of the (longest) valid chain and not an orphaned fork. The pool operator has to decide how much risk to take, some pay right away and hope its valid, some count down without displaying (and have the earnings show as unconfirmed reward, too). Some pools even pay for invalid blocks too. So they needn't worry about confirmation. Of course they are pools with different payout methods then Slush's. |
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randayh
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August 29, 2013, 06:56:02 PM |
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Has anyone noticed that the marathon blocks are always around the same time?
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bspurloc
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August 29, 2013, 08:30:19 PM |
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11:10:14
Sorry if this is a stupid question but why the slowdown lately?
Difficulty... so the difficulty affects mining days later? anyhow its called luck. cuz u know we havent had 11 hour 18 hour etc blocks before. SARCASM. |
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bspurloc
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August 29, 2013, 08:31:38 PM |
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Has anyone noticed that the marathon blocks are always around the same time?
all marathons start with finding a block first... or what exactly do u mean around the same time? time of day? other pools?! |
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Trongersoll
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August 29, 2013, 08:35:11 PM |
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A few days ago I changed my difficulty settings up to 5 for several of my miners, after changing it back to 1 the next day my Stratum proxy still shows the difficulty of 5.
I have tried the usual miner and proxy restarts several times.
Any ideas anyone? Need to set the difficulty back to 1 for my slower miners.
Thanks.
I don't know for sure, but i suspect that difficulty numbers are powers of 2, except for 1, ie 1, 2, 4, 8, 16... 5 is probably 4 in actuality. But I could be wrong, this is just a guess on my part. I'm sure someone who actually knows will correct me if i'm wrong. I get corrected a lot...  |
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trasla
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August 29, 2013, 08:57:06 PM |
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I don't know for sure, but i suspect that difficulty numbers are powers of 2, except for 1, ie 1, 2, 4, 8, 16... 5 is probably 4 in actuality. But I could be wrong, this is just a guess on my part. I'm sure someone who actually knows will correct me if i'm wrong. I get corrected a lot... No.  65750060 for example is no power of 2. Besides, 1 is a power of 2, its 2^0. |
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Trongersoll
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August 29, 2013, 09:04:27 PM |
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I don't know for sure, but i suspect that difficulty numbers are powers of 2, except for 1, ie 1, 2, 4, 8, 16... 5 is probably 4 in actuality. But I could be wrong, this is just a guess on my part. I'm sure someone who actually knows will correct me if i'm wrong. I get corrected a lot... No. 65750060 for example is no power of 2. Besides, 1 is a power of 2, its 2^0. You are saying that current "Difficulty" is the same as pool difficulty? I guess i can see this, but then we are returning a lot of unusable numbers as proof of work. |
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bitcoiner49er
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August 29, 2013, 09:09:22 PM |
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11:10:14
Sorry if this is a stupid question but why the slowdown lately?
It's the law of averages, has nothing to do with lately. If "good" luck is 120% one day, then it will adjust with less luck on other days. Percentage of network needs to be maintained for "equal" payout. |
Homo doctus is se semper divitias habet
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Trongersoll
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August 29, 2013, 09:37:14 PM |
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11:10:14
Sorry if this is a stupid question but why the slowdown lately?
It's the law of averages, has nothing to do with lately. If "good" luck is 120% one day, then it will adjust with less luck on other days. Percentage of network needs to be maintained for "equal" payout. Actually, the law of averages isn't really a law, it is more of a suggestion or belief. A coin toss has a 50/50 chance, even if heads came up 500 time in a row previously. |
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mdopro1
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August 29, 2013, 09:38:46 PM |
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11:10:14 5:22:42 3:37:36 Still going I'll make 0.01 BTC in 24 hours Ouch! That hurt small miners like me. |
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Trongersoll
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August 29, 2013, 09:44:44 PM |
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11:10:14 5:22:42 3:37:36 Still going I'll make 0.01 BTC in 24 hours Ouch! That hurt small miners like me. I feel your pain, i only have about 16 Gh/s. thes bad days are painfull. |
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BadAss.Sx
Legendary
Offline
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
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August 29, 2013, 09:52:59 PM |
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already selling my asic miners..
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trasla
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August 29, 2013, 09:58:15 PM |
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I don't know for sure, but i suspect that difficulty numbers are powers of 2, except for 1, ie 1, 2, 4, 8, 16... 5 is probably 4 in actuality. But I could be wrong, this is just a guess on my part. I'm sure someone who actually knows will correct me if i'm wrong. I get corrected a lot... No. 65750060 for example is no power of 2. Besides, 1 is a power of 2, its 2^0. You are saying that current "Difficulty" is the same as pool difficulty? I guess i can see this, but then we are returning a lot of unusable numbers as proof of work. I am not sure what you are trying to tell me. Where should a difference between "pool difficulty" and "current difficulty" be? The pool has to relay a block hash fulfilling the current difficulty to the network in order to have it accepted as valid, so of course we are working on problems of the same difficulty as everybody else, no matter whether in a pool or not. And yes, of course we are returning a lot of unusable numbers - every hash not fulfilling difficulty is unusable. Of the millions of hashes your miner calculates per second only some are sent to the pool, to proof you are trying, but only the one share which "solves the block" is actually useful - all the others are just for distributing the coins based on hashing power. If we'd all be honest, we could just drop all shares not matching diff 65m and tell the pool, how much computing power we are using. |
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organofcorti
Donator
Legendary
Offline
Activity: 2058
Merit: 1007
Poor impulse control.
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August 29, 2013, 10:27:44 PM |
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I don't know for sure, but i suspect that difficulty numbers are powers of 2, except for 1, ie 1, 2, 4, 8, 16... 5 is probably 4 in actuality. But I could be wrong, this is just a guess on my part. I'm sure someone who actually knows will correct me if i'm wrong. I get corrected a lot... No. 65750060 for example is no power of 2. Besides, 1 is a power of 2, its 2^0. You are saying that current "Difficulty" is the same as pool difficulty? I guess i can see this, but then we are returning a lot of unusable numbers as proof of work. I am not sure what you are trying to tell me. Where should a difference between "pool difficulty" and "current difficulty" be? The pool has to relay a block hash fulfilling the current difficulty to the network in order to have it accepted as valid, so of course we are working on problems of the same difficulty as everybody else, no matter whether in a pool or not. And yes, of course we are returning a lot of unusable numbers - every hash not fulfilling difficulty is unusable. Of the millions of hashes your miner calculates per second only some are sent to the pool, to proof you are trying, but only the one share which "solves the block" is actually useful - all the others are just for distributing the coins based on hashing power. If we'd all be honest, we could just drop all shares not matching diff 65m and tell the pool, how much computing power we are using. I think Trongersoll was confusing the network mining difficulty with local share submission difficulty (manually set variable difficulty). |
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Trongersoll
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August 29, 2013, 10:42:30 PM |
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I don't know for sure, but i suspect that difficulty numbers are powers of 2, except for 1, ie 1, 2, 4, 8, 16... 5 is probably 4 in actuality. But I could be wrong, this is just a guess on my part. I'm sure someone who actually knows will correct me if i'm wrong. I get corrected a lot... i No. 65750060 for example is no power of 2. Besides, 1 is a power of 2, its 2^0. You are saying that current "Difficulty" is the same as pool difficulty? I guess i can see this, but then we are returning a lot of unusable numbers as proof of work. I am not sure what you are trying to tell me. Where should a difference between "pool difficulty" and "current difficulty" be? The pool has to relay a block hash fulfilling the current difficulty to the network in order to have it accepted as valid, so of course we are working on problems of the same difficulty as everybody else, no matter whether in a pool or not. And yes, of course we are returning a lot of unusable numbers - every hash not fulfilling difficulty is unusable. Of the millions of hashes your miner calculates per second only some are sent to the pool, to proof you are trying, but only the one share which "solves the block" is actually useful - all the others are just for distributing the coins based on hashing power. If we'd all be honest, we could just drop all shares not matching diff 65m and tell the pool, how much computing power we are using. I think Trongersoll was confusing the network mining difficulty with local share submission difficulty (manually set variable difficulty). I 'm not confused we were talking about local share submission difficulty before i was corrected. I think. |
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organofcorti
Donator
Legendary
Offline
Activity: 2058
Merit: 1007
Poor impulse control.
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August 29, 2013, 10:58:45 PM |
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I 'm not confused we were talking about local share submission difficulty before i was corrected. I think. Ah, I read the post below yours but not actually your post. Sorry! I think it must be trasla confusing share submission difficulty with the network mining difficulty then? As for your "powers of 2" thing,I think it's just that some pools have used 2^x as allowable values for manually set share submission difficulties.However any real positive number could be used. |
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randayh
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August 29, 2013, 11:06:53 PM |
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I don't know about difficulty, but i'm balanced between two pools over the last 24 hours and the other pool is pulling 5 x the BTC. I am too far away to change it and messed up my port forwarding for ssh. so just have to wait it out and hope it gets better.
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BuhTuglia
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August 29, 2013, 11:15:23 PM |
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> already selling my asic miners..
Why, what you got, and how cheap you selling?
russell
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Just another dust miner... Enquiring Gnomes want to Mine!
Send nothing to 16SVa2iQA6HuNPDGYShpmeEvUBRi2gW7f1
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bspurloc
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August 30, 2013, 12:29:24 AM |
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11:10:14
Sorry if this is a stupid question but why the slowdown lately?
It's the law of averages, has nothing to do with lately. If "good" luck is 120% one day, then it will adjust with less luck on other days. Percentage of network needs to be maintained for "equal" payout. exactly. look at the pools graph. We always have insane luck and insane bad luck.... and when we have the insane bad luck it is always blamed on DIFF as if suddenly the diff changes that day, then a few days later we have insane luck. which I think I will start blaming on DIFF to equal it all out |
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