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Question: What type of pool payouts do you prefer?
Bitcoins - 3151 (80.4%)
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Gold/silver coins and bars - 359 (9.2%)
Total Voters: 3915

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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3853197 times)
chadtn
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October 02, 2013, 09:44:58 PM
 #12381


Can anyone explain what the Pool Luck means, were currently on 100% daily, 82% weekly and 100% monthly but what does it relate to ?

Many Thanks

Rhys



You can always use your hash rate and the current difficulty to determine an average amount of time it should take you to solve a block.  There is always the chance that the first value your miner comes up with will solve a block, but that is highly unlikely.  When you get a solution sooner than the average calculated time then you got lucky.  If it takes longer you were unlucky.  The way I understand it, 100% luck means that for the time period in question solutions were found in the expected average amount of time.  In the long run our luck should always be at or close to 100%.  Sort term variance can skew luck to above or below the expected average.

Feel free to correct me if I'm totally wrong.  heh..

Chad
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October 02, 2013, 10:53:57 PM
 #12382

That's pretty much it.  You have a 50/50 chance to find a block within [difficulty] number of shares.  If you find one in less shares, you're lucky, if it takes more shares than that, you are unlucky.  In the long run, the number of shares taken to find a block should average out to the difficulty - which people call 100% luck.

And you can calculate that in time, as well.  The pool generates X number of shares per hour, so 100% luck would would mean the pool takes, on average,  

( difficulty in shares / X shares per hour) hours to find blocks..

Now hanging out on Atomic-Trade.com...
DarkMatter
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October 07, 2013, 09:51:45 AM
 #12383

Aaaaaaaaaand we're back!

Feed The Troll!! | 1JKdTyUjxo5VJoaQKjp4oUnXqdSSErC1mp
kabopar
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October 07, 2013, 10:33:10 AM
 #12384

Smiley))))) so good to be back  Smiley))))
ma_bit
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October 07, 2013, 10:51:05 AM
 #12385

What is wrong with this block?

20271    2013-10-05 08:25:31 261795 http://blockchain.info/block/0000000000000002c4d92067c21767eea88d34ae7a61bc9b54482a9ff23bf509?site=slush   25.13406521    invalid
HellDiverUK
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October 07, 2013, 10:53:19 AM
 #12386

It's invalid.
ma_bit
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October 07, 2013, 10:58:02 AM
 #12387

It's invalid.

well, do you have any a bit longer explanation or link to it ? please Smiley
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October 07, 2013, 11:04:31 AM
 #12388

Scroll to top of page.  Type in "Invalid Block" in search box.  Knock yourself out with all the exciting posts.    Grin
dishwara
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October 07, 2013, 11:05:21 AM
 #12389

That was found by slush after this found by EclipseMC
http://blockchain.info/block/0000000000000017a9a2615396f75d71766be086a894c52fdf726468c4b3c252

So network took EclipseMC found block as valid & rejected slush one.
unknown.usr
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October 07, 2013, 02:20:28 PM
 #12390

Wow, hashing power keeps increasing.  My cut keeps decreasing. 
DarkMatter
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October 07, 2013, 02:32:47 PM
 #12391

Wow, hashing power keeps increasing.  My cut keeps decreasing. 

Exciting and sad at the same time, isn't it?

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bspurloc
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October 07, 2013, 03:47:53 PM
 #12392

Wow, hashing power keeps increasing.  My cut keeps decreasing. 

Exciting and sad at the same time, isn't it?

why exciting?

next diff 206+
 grrrr. MORE ASICS!
DarkMatter
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October 07, 2013, 05:15:35 PM
 #12393

Wow, hashing power keeps increasing.  My cut keeps decreasing. 

Exciting and sad at the same time, isn't it?

Exciting because the project goes on, media talk about it and even with the latest value drop after SR busting everything seems going fine.
Sad because my hashrate is everyday less significant Sad

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Trongersoll
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October 07, 2013, 05:23:35 PM
 #12394

Wow, hashing power keeps increasing.  My cut keeps decreasing. 

Exciting and sad at the same time, isn't it?

Exciting because the project goes on, media talk about it and even with the latest value drop after SR busting everything seems going fine.
Sad because my hashrate is everyday less significant Sad

Our problem is that even though our hashrate goes up, it isn't going up any faster than the other pools. If it did, we would get more blocks at our lower rate and come out ahead.

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
unknown.usr
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October 07, 2013, 06:39:17 PM
 #12395

Wow, hashing power keeps increasing.  My cut keeps decreasing. 

Exciting and sad at the same time, isn't it?

Exciting because the project goes on, media talk about it and even with the latest value drop after SR busting everything seems going fine.
Sad because my hashrate is everyday less significant Sad

Our problem is that even though our hashrate goes up, it isn't going up any faster than the other pools. If it did, we would get more blocks at our lower rate and come out ahead.
On Sept 1st, I was making .0214 a day.  Yesterday I made .00628.  The pain, the freakin pain!
Mudbankkeith
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October 07, 2013, 06:47:21 PM
 #12396

Think of all those BFL mini rigs yet to be delivered, by the time they ship, ROI will be gone and return on power costs gone as well.

Time to skip a generation and start booking the next level of hardware (does anyone know what WILL follow 28nm miners?)

BTc donations welcome:-  13c2KuzWCaWFTXF171Zn1HrKhMYARPKv97
MerchantMiner
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October 07, 2013, 06:58:25 PM
 #12397

ROI? Mine 5 bitcoins with £1000 worth of equipment and you have lost ROI............... what happens when its £1000 Per BitCoin!!!!!!!!! you people need to look at the long term , now silk road gone and more investment from the millionaires club we are perfectly , Stop Moaning Keep Mining!
overunity
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October 07, 2013, 08:04:13 PM
 #12398

Does anyone know a video step by step instruction on getting asic miners to work on this pool .
I got one gpu here .
All my asics are with bitminter since it was the only instructional video I could understand .

I tried for hours to get bfg miner running with this pool but gave up .

I know this stuff may be easy to a lot of you but I cannot follow the written instructions but can pause videos till I get it right .

Thank you for any advice .
desired_username
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October 07, 2013, 08:45:48 PM
 #12399

Does anyone know a video step by step instruction on getting asic miners to work on this pool .
I got one gpu here .
All my asics are with bitminter since it was the only instructional video I could understand .

I tried for hours to get bfg miner running with this pool but gave up .

I know this stuff may be easy to a lot of you but I cannot follow the written instructions but can pause videos till I get it right .

Thank you for any advice .

What ASICS are you using?



@Mudbankkeith

22nm----> 14nm as far as I know
Mudbankkeith
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October 07, 2013, 08:56:51 PM
 #12400



22nm----> 14nm as far as I know


where do we start to look for the new tech?

miners need to buy new picks & shovels regularly.

BTc donations welcome:-  13c2KuzWCaWFTXF171Zn1HrKhMYARPKv97
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