Bitcoin Forum
December 03, 2016, 06:49:34 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3160 (80.5%)
Bank transfer / USD - 407 (10.4%)
Gold/silver coins and bars - 359 (9.1%)
Total Voters: 3924

Pages: « 1 ... 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] 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 ... 1105 »
  Print  
Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3925764 times)
crhys
Member
**
Offline Offline

Activity: 109

Bitcoin Foundation Member


View Profile
August 31, 2013, 05:33:52 PM
 #11841


Not a bad run so far...


Yeah! I want to go on record and blame this good luck on the DIFF.
so keep that in mind when we have bad luck it cant be the diff.

*apology* I am new to this whole thing and even though I've been trying to read as much as I can the last few weeks, it's a lot to absorb. Please forgive this possibly stupid question.*/apology*

What is DIFF?



It refers to difficulty, it an automatic thing which makes mining bitcoin more difficult the faster they are found, basically its to keep the bitcoin law true "coins can only be found once every 10 minutes (on average)".

That the jist of it, I am also a newb so might have forgotten something :-)

 

16JZWC433XRxjWwR7X65uxRVFdLTmoPr4t
1480747774
Hero Member
*
Offline Offline

Posts: 1480747774

View Profile Personal Message (Offline)

Ignore
1480747774
Reply with quote  #2

1480747774
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
unknown.usr
Member
**
Offline Offline

Activity: 106


View Profile
August 31, 2013, 06:27:37 PM
 #11842


Yeah! I want to go on record and blame this good luck on the DIFF.
so keep that in mind when we have bad luck it cant be the diff.

+1  Smiley
Trongersoll
Sr. Member
****
Offline Offline

Activity: 448


Retired Software Engineer


View Profile
August 31, 2013, 06:46:27 PM
 #11843


Not a bad run so far...


Yeah! I want to go on record and blame this good luck on the DIFF.
so keep that in mind when we have bad luck it cant be the diff.

*apology* I am new to this whole thing and even though I've been trying to read as much as I can the last few weeks, it's a lot to absorb. Please forgive this possibly stupid question.*/apology*

What is DIFF?


(I was being sarcastic)

Current Bitcoin block, difficulty:   255299, 65750060
http://dot-bit.org/tools/nextDifficulty.php

simple terms how hard it is to find a block. next GUESS increase is .... 89 516 328  +24million wow its getting crazy up in here!


Everytime we have a run of bad luck people blame it on the difficulty, which isn't likely. so he was being funny.

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
TiborB
Member
**
Offline Offline

Activity: 83


View Profile
August 31, 2013, 07:27:06 PM
 #11844

Looks like blockchain.info is undergoing maintenance currently. Perhaps that is why blocks are showing up invalid? If Slush is using blockchain.info for verification (as it appears he might be), then this could be causing our invalid block issues.

actually, the first 2 were invalid at a time when blockchain.info was still up.

I wonder what mechanism they are using to pull the data from blockchain.info. If only part of the site was down, say the mechanism that feeds out block information, then it is possible this could have caused an error on the pool. Could also just be Slush's pool having some issues as well. I am very glad this is now fixed though.

Actually, I am rather surprised to see those blocks valid on blockchain.info, then after an outage as orphaned, then later as valid again. What I saw there made me draw premature conclusions...
I would not take if for granted that the pool uses blockchain.info services to decide if a block is valid (on the main chain, not orphaned) or not... AFAIK any bitcoin client can give you that information.
console_cowboy
Member
**
Offline Offline

Activity: 98



View Profile
August 31, 2013, 08:01:57 PM
 #11845

Looks like blockchain.info is undergoing maintenance currently. Perhaps that is why blocks are showing up invalid? If Slush is using blockchain.info for verification (as it appears he might be), then this could be causing our invalid block issues.

actually, the first 2 were invalid at a time when blockchain.info was still up.

I wonder what mechanism they are using to pull the data from blockchain.info. If only part of the site was down, say the mechanism that feeds out block information, then it is possible this could have caused an error on the pool. Could also just be Slush's pool having some issues as well. I am very glad this is now fixed though.

Actually, I am rather surprised to see those blocks valid on blockchain.info, then after an outage as orphaned, then later as valid again. What I saw there made me draw premature conclusions...
I would not take if for granted that the pool uses blockchain.info services to decide if a block is valid (on the main chain, not orphaned) or not... AFAIK any bitcoin client can give you that information.



This is very true. I imagine that someone with Slush's knowledge would not be relying on an external service. Good call.
cosurgi
Sr. Member
****
Offline Offline

Activity: 298


View Profile
September 01, 2013, 10:33:57 AM
 #11846

190% luck! Incredible.

Quote
Pool luck (1 day, 7 days, 30 days):   190%, 100%, 101%

unknown.usr
Member
**
Offline Offline

Activity: 106


View Profile
September 01, 2013, 03:36:23 PM
 #11847

Just curious, why does this happen?


19854   2013-09-01 15:26:31   0:09:01   5753209   none   none   255501   25.18890280    99 confirmations left


Never mind, it updated a few moments later.
BuhTuglia
Full Member
***
Offline Offline

Activity: 137



View Profile WWW
September 01, 2013, 05:57:49 PM
 #11848


Great run until that six hour iceberg hit. Well, can't have everything.

russell

Just another dust miner... Enquiring Gnomes want to Mine!
Send nothing to 16SVa2iQA6HuNPDGYShpmeEvUBRi2gW7f1
Behemot
Full Member
***
Offline Offline

Activity: 152



View Profile WWW
September 01, 2013, 10:14:57 PM
 #11849

If I'd delete my account in pool, will I be payed off automatically?

pembo210
Member
**
Offline Offline

Activity: 74



View Profile
September 01, 2013, 10:58:12 PM
 #11850

If I'd delete my account in pool, will I be payed off automatically?
I think if you set your Send Threshold to lower than your Confirmed Reward, it will auto payout. Same with leftover NMC.

BTC: 1Pemboia8GbXizfT9y5cX8gLQhDYpqigS3
LTC: LScJUUWec5imTGSD5AQ6F3FrkRwAMAn6ab
DOGE: DTHEMoonLYJyQ548ti6Mg8eX9mBg6TXgEn
Trongersoll
Sr. Member
****
Offline Offline

Activity: 448


Retired Software Engineer


View Profile
September 01, 2013, 11:31:29 PM
 #11851

If I'd delete my account in pool, will I be payed off automatically?
I think if you set your Send Threshold to lower than your Confirmed Reward, it will auto payout. Same with leftover NMC.

except that some of us have less NMC than the smallest allowable threshold. I think i remember slush saying that account deletion was a way to get what was left. but that was a while ago considering how quiet slush has been.

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
dna2
Jr. Member
*
Offline Offline

Activity: 33


View Profile
September 01, 2013, 11:40:03 PM
 #11852

It would be even more nice to have NMC again  Wink
BuhTuglia
Full Member
***
Offline Offline

Activity: 137



View Profile WWW
September 02, 2013, 12:03:52 AM
 #11853


Is NMC worth anything ATM? And why did the time between blocks get so large there at the end?

russell

Just another dust miner... Enquiring Gnomes want to Mine!
Send nothing to 16SVa2iQA6HuNPDGYShpmeEvUBRi2gW7f1
BuhTuglia
Full Member
***
Offline Offline

Activity: 137



View Profile WWW
September 02, 2013, 05:19:51 AM
 #11854


> Is NMC worth anything ATM? And why did the time between blocks get so large there at the end?

To answer my own stupid question, 0.00408590 BTC on Vircurex.com. So the answer is, not much. So if I had four thousand namecoins, I'd have the equivalent of one bitcoin? Is that right? I'll send my five or so lousy namecoins to the first person that gives me a place to send them. Just don't keep bombing me with addresses after you see one posted.

ole dumb russell

Just another dust miner... Enquiring Gnomes want to Mine!
Send nothing to 16SVa2iQA6HuNPDGYShpmeEvUBRi2gW7f1
BuhTuglia
Full Member
***
Offline Offline

Activity: 137



View Profile WWW
September 02, 2013, 05:21:28 AM
 #11855


Okay, basic math. If I had /250/ NMC, I'd have one BTC. Still, not much.

Just another dust miner... Enquiring Gnomes want to Mine!
Send nothing to 16SVa2iQA6HuNPDGYShpmeEvUBRi2gW7f1
trasla
Hero Member
*****
Offline Offline

Activity: 662



View Profile
September 02, 2013, 10:14:55 AM
 #11856

I'll send my five or so lousy namecoins to the first person that gives me a place to send them. Just don't keep bombing me with addresses after you see one posted.

ND9ZeiPyXvoB5kucxHi31RXwV8FXLmAVLM

Thanks Smiley
Behemot
Full Member
***
Offline Offline

Activity: 152



View Profile WWW
September 02, 2013, 10:43:52 AM
 #11857

except that some of us have less NMC than the smallest allowable threshold. I think i remember slush saying that account deletion was a way to get what was left. but that was a while ago considering how quiet slush has been.

I even have less BTC than treshold.

Anyway, is that for sure? SHA-256 is no longer profitable, I have switched to Scrypt.

T3NU0US
Newbie
*
Offline Offline

Activity: 13



View Profile
September 02, 2013, 02:09:01 PM
 #11858


Not a bad run so far...


Yeah! I want to go on record and blame this good luck on the DIFF.
so keep that in mind when we have bad luck it cant be the diff.

*apology* I am new to this whole thing and even though I've been trying to read as much as I can the last few weeks, it's a lot to absorb. Please forgive this possibly stupid question.*/apology*

What is DIFF?



It refers to difficulty, it an automatic thing which makes mining bitcoin more difficult the faster they are found, basically its to keep the bitcoin law true "coins can only be found once every 10 minutes (on average)".

That the jist of it, I am also a newb so might have forgotten something :-)

 

Thank you. How does it relate to the Diff 1/1 output?

I'm a dork. I'm not smart enough to be a geek.
Graet
VIP
Legendary
*
Offline Offline

Activity: 980



View Profile WWW
September 02, 2013, 02:21:24 PM
 #11859


Not a bad run so far...


Yeah! I want to go on record and blame this good luck on the DIFF.
so keep that in mind when we have bad luck it cant be the diff.

*apology* I am new to this whole thing and even though I've been trying to read as much as I can the last few weeks, it's a lot to absorb. Please forgive this possibly stupid question.*/apology*

What is DIFF?



It refers to difficulty, it an automatic thing which makes mining bitcoin more difficult the faster they are found, basically its to keep the bitcoin law true "coins can only be found once every 10 minutes (on average)".

That the jist of it, I am also a newb so might have forgotten something :-)

 

Thank you. How does it relate to the Diff 1/1 output?
a Diff 65750061/1 share will find a block
Pools distribute Diff1 shares historically to give miners something easier to work on and to count so miners can be paid - now that pools distribute variable difficulty shares (higher for faster miners) they usually convert back to diff1 for counting shares and paying miners

https://en.bitcoin.it/wiki/Difficulty

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
trasla
Hero Member
*****
Offline Offline

Activity: 662



View Profile
September 02, 2013, 03:00:47 PM
 #11860


a Diff 65750061/1 share will find a block
Pools distribute Diff1 shares historically to give miners something easier to work on and to count so miners can be paid - now that pools distribute variable difficulty shares (higher for faster miners) they usually convert back to diff1 for counting shares and paying miners

https://en.bitcoin.it/wiki/Difficulty

Pools do not distribute shares.
You find shares and send them to the pool.
Difficulty does not effect how long it takes to calculate the hash, you dont get "something easier to work on", you just dont have to calculate that many hashes before one fits given diff.

Your miners calculate hundreds of thousands of hashes per second. Those match a certain difficulty (and all lower ones).
You choose a diff and send all hashes matching at least that diff as shares to the server.
You tell the server which number is yours, and based on that the server can calculate your hashing power.

If you set a higher diff in the pool config, your miners will do exactly what they did before, they will not calculate more or less or easier tasks or anything.
Your mining client will just send less of your hashes to the pool, and they will be rated higher.
Pages: « 1 ... 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] 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 ... 1105 »
  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!