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Author Topic: [150+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 4165479 times)
Trongersoll
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November 23, 2013, 03:13:04 AM
 #13221

It doesn't work that way. It didn't take that long to find a specific block, it took that long to find any block. Every time someone else finds a block, we start looking for a new block based on what they found. That's why we call that 12 hours a round, not a block.

So every time you see "stratum detected a new block" in the miner log would indicate that the hashing power is being spent on solving a block rather than looking for a new one? Unless someone solves that block first. But if you don't see a new block detected for a long while, the hashing power is being spent finding a new one?

How is hashing power divided between looking for new blocks vs solving, is there a ratio set by the pool operator depending on how many active blocks have been found?

-noob.


When you see "stratum detected a new block" it means that someone somewhere in the world found a solution for the current block and that a new block is now being worked on. Solving is looking for new blocks. Different names for the same thing.

The thing is that there is more than one right solution for any given block. All the pools and solo people use different inputs than every one else in hopes that their input will find the desired output. Say your hashrate is 5 Gh/s, that means you are checking 5 million different inputs every second looking for the one output that will complete the block.

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xZork
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November 23, 2013, 03:27:30 AM
 #13222

It doesn't work that way. It didn't take that long to find a specific block, it took that long to find any block. Every time someone else finds a block, we start looking for a new block based on what they found. That's why we call that 12 hours a round, not a block.

So every time you see "stratum detected a new block" in the miner log would indicate that the hashing power is being spent on solving a block rather than looking for a new one? Unless someone solves that block first. But if you don't see a new block detected for a long while, the hashing power is being spent finding a new one?

How is hashing power divided between looking for new blocks vs solving, is there a ratio set by the pool operator depending on how many active blocks have been found?

-noob.


When you see "stratum detected a new block" it means that someone somewhere in the world found a solution for the current block and that a new block is now being worked on. Solving is looking for new blocks. Different names for the same thing.

The thing is that there is more than one right solution for any given block. All the pools and solo people use different inputs than every one else in hopes that their input will find the desired output. Say your hashrate is 5 Gh/s, that means you are checking 5 million different inputs every second looking for the one output that will complete the block.

Ah, so there is only one active (known) block at a time that all miners are working to solve. Once that is solved, the answer leads to the next block? Also I was a bit thrown on the block vs round. I checked the wiki but will do some more looking.

Sorry if my questions are elementary, I am fairly new and I must say it is quite a lot to grasp. Thank you for taking the time out of your day.

kkurtmann
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November 23, 2013, 06:30:03 AM
 #13223

it definitely is "a lot to grasp" but all the info you are looking for has already been published. google it

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
xZork
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November 23, 2013, 07:10:17 AM
 #13224

it definitely is "a lot to grasp" but all the info you are looking for has already been published. google it

I have googled a lot, read a lot, maybe I am just a simpleton.  Thanks for the constructive criticism.

jmevz
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November 23, 2013, 09:04:17 AM
 #13225

What's with our luck lately?

Trongersoll
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November 23, 2013, 10:01:49 AM
 #13226

It doesn't work that way. It didn't take that long to find a specific block, it took that long to find any block. Every time someone else finds a block, we start looking for a new block based on what they found. That's why we call that 12 hours a round, not a block.

So every time you see "stratum detected a new block" in the miner log would indicate that the hashing power is being spent on solving a block rather than looking for a new one? Unless someone solves that block first. But if you don't see a new block detected for a long while, the hashing power is being spent finding a new one?

How is hashing power divided between looking for new blocks vs solving, is there a ratio set by the pool operator depending on how many active blocks have been found?

-noob.


When you see "stratum detected a new block" it means that someone somewhere in the world found a solution for the current block and that a new block is now being worked on. Solving is looking for new blocks. Different names for the same thing.

The thing is that there is more than one right solution for any given block. All the pools and solo people use different inputs than every one else in hopes that their input will find the desired output. Say your hashrate is 5 Gh/s, that means you are checking 5 million different inputs every second looking for the one output that will complete the block.

Ah, so there is only one active (known) block at a time that all miners are working to solve. Once that is solved, the answer leads to the next block? Also I was a bit thrown on the block vs round. I checked the wiki but will do some more looking.

Sorry if my questions are elementary, I am fairly new and I must say it is quite a lot to grasp. Thank you for taking the time out of your day.
Yes, you have got the blocks down. A round is how long it takes for the pool to find a block. If it took 10 hours for the pool to find a block, that is a 10 hour round. A lot of people will call that a 10 hour block, but that is confusing to new people.

jmevz
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November 23, 2013, 10:40:52 AM
 #13227

It doesn't work that way. It didn't take that long to find a specific block, it took that long to find any block. Every time someone else finds a block, we start looking for a new block based on what they found. That's why we call that 12 hours a round, not a block.

So every time you see "stratum detected a new block" in the miner log would indicate that the hashing power is being spent on solving a block rather than looking for a new one? Unless someone solves that block first. But if you don't see a new block detected for a long while, the hashing power is being spent finding a new one?

How is hashing power divided between looking for new blocks vs solving, is there a ratio set by the pool operator depending on how many active blocks have been found?

-noob.


When you see "stratum detected a new block" it means that someone somewhere in the world found a solution for the current block and that a new block is now being worked on. Solving is looking for new blocks. Different names for the same thing.

The thing is that there is more than one right solution for any given block. All the pools and solo people use different inputs than every one else in hopes that their input will find the desired output. Say your hashrate is 5 Gh/s, that means you are checking 5 million different inputs every second looking for the one output that will complete the block.

Ah, so there is only one active (known) block at a time that all miners are working to solve. Once that is solved, the answer leads to the next block? Also I was a bit thrown on the block vs round. I checked the wiki but will do some more looking.

Sorry if my questions are elementary, I am fairly new and I must say it is quite a lot to grasp. Thank you for taking the time out of your day.
Yes, you have got the blocks down. A round is how long it takes for the pool to find a block. If it took 10 hours for the pool to find a block, that is a 10 hour round. A lot of people will call that a 10 hour block, but that is confusing to new people.

Let me see if I get this myself please? A block is worked on by the entire network and pools. Any pool or miner can solve the block, hence ending their round? Correct? Thus, our round continues until we solve one of these blocks? Hence the 'stratum detected new block?'

gourmet
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November 23, 2013, 06:42:12 PM
 #13228

it definitely is "a lot to grasp" but all the info you are looking for has already been published. google it

I have googled a lot, read a lot, maybe I am just a simpleton.  Thanks for the constructive criticism.

Imagine everyone new in this forum were asking these questions...
BTW, these questions are off-topic in this thread, as they're quite general and not specific to Slush's pool.

[edit] These questions are best posted in the Newbies' section in fact.
gourmet
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November 23, 2013, 06:46:09 PM
 #13229

The thing is that there is more than one right solution for any given block. All the pools and solo people use different inputs than every one else in hopes that their input will find the desired output. Say your hashrate is 5 Gh/s, that means you are checking 5 million different inputs every second looking for the one output that will complete the block.

5 billion :-)
Trongersoll
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November 23, 2013, 07:01:04 PM
 #13230

The thing is that there is more than one right solution for any given block. All the pools and solo people use different inputs than every one else in hopes that their input will find the desired output. Say your hashrate is 5 Gh/s, that means you are checking 5 million different inputs every second looking for the one output that will complete the block.

5 billion :-)

oops, i just knew i was gonna mess that up. I even went over it in my head a few times and still typed it wrong. Tongue

When ever i answer questions here i feel like i'm back in college taking a test.

paulus51
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November 23, 2013, 08:46:58 PM
 #13231

so i understand it so far but what happens wen my machine finds a block ?

wen i see in my account found blocks ...example 1

can some one explane this ? what are the rewards or .... tell me how does this work ?

gourmet
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November 23, 2013, 11:09:31 PM
 #13232

so i understand it so far but what happens wen my machine finds a block ?

wen i see in my account found blocks ...example 1

can some one explane this ? what are the rewards or .... tell me how does this work ?

See this post several posts above...

At Slush's pool, you won't get any extra reward for finding a block. You can have a good feeling and can compare your reward with solo mining. :-)
ninthgate
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November 23, 2013, 11:23:52 PM
 #13233

so i understand it so far but what happens wen my machine finds a block ?

wen i see in my account found blocks ...example 1

can some one explane this ? what are the rewards or .... tell me how does this work ?

See this post several posts above...

At Slush's pool, you won't get any extra reward for finding a block. You can have a good feeling and can compare your reward with solo mining. :-)

well, the solving share would be higher, so you would see a little more.
xZork
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November 24, 2013, 12:06:01 AM
 #13234

Today is making up for the last few. Loving it!

TheWoodser
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November 24, 2013, 12:56:37 AM
 #13235

It doesn't work that way. It didn't take that long to find a specific block, it took that long to find any block. Every time someone else finds a block, we start looking for a new block based on what they found. That's why we call that 12 hours a round, not a block.

So every time you see "stratum detected a new block" in the miner log would indicate that the hashing power is being spent on solving a block rather than looking for a new one? Unless someone solves that block first. But if you don't see a new block detected for a long while, the hashing power is being spent finding a new one?

How is hashing power divided between looking for new blocks vs solving, is there a ratio set by the pool operator depending on how many active blocks have been found?

-noob.


When you see "stratum detected a new block" it means that someone somewhere in the world found a solution for the current block and that a new block is now being worked on. Solving is looking for new blocks. Different names for the same thing.

The thing is that there is more than one right solution for any given block. All the pools and solo people use different inputs than every one else in hopes that their input will find the desired output. Say your hashrate is 5 Gh/s, that means you are checking 5 million different inputs every second looking for the one output that will complete the block.

Ah, so there is only one active (known) block at a time that all miners are working to solve. Once that is solved, the answer leads to the next block? Also I was a bit thrown on the block vs round. I checked the wiki but will do some more looking.

Sorry if my questions are elementary, I am fairly new and I must say it is quite a lot to grasp. Thank you for taking the time out of your day.
Yes, you have got the blocks down. A round is how long it takes for the pool to find a block. If it took 10 hours for the pool to find a block, that is a 10 hour round. A lot of people will call that a 10 hour block, but that is confusing to new people.

Let me see if I get this myself please? A block is worked on by the entire network and pools. Any pool or miner can solve the block, hence ending their round? Correct? Thus, our round continues until we solve one of these blocks? Hence the 'stratum detected new block?'


I hope to clear this once and for all...... There are multiple pools and solo miners all looking for a block.

If you go to the "Stats" page on the Slush's website.... The far left column is the "ROUND" ID Number....This is since the POOL found a block, not since there is a new block

If you look at the "Block #" column... That is the block on the network.  See how they skip a few?  That is because they were found by someone other than us (Slush's Pool)


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kabopar
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November 24, 2013, 07:17:50 AM
 #13236

Reward payouts not happening again.... now more than 2 hours above the threshold.... Slush, pleaaaaase Cry
jmevz
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November 24, 2013, 07:22:06 AM
 #13237

Reward payouts not happening again.... now more than 2 hours above the threshold.... Slush, pleaaaaase Cry

What's your threshold set at? I've upped mine a little, not too worried, I know payouts will happen. I'm more worried about the exchange rate though. How long do we think it will keep this up?

jmevz
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November 24, 2013, 08:26:56 AM
 #13238

If only we could somewhat control our luck?

paulus51
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November 24, 2013, 10:03:31 AM
 #13239

issent it time for the slush pool to join this ? :

Today, BTC Guild has reduced the minimum MANUAL withdrawal level from 0.01 BTC to 0.001 BTC.
However, any payouts under 0.01 BTC will have the transaction fee (0.0005 BTC) deducted from their payout.
 
This is in response to the steady rise of BTC:USD exchange rates,
which have now made amounts as small as 0.002-0.003 useful as they are worth more than $1.

its a win win situation , i mean "low level"  miners wil have some coins earlyer / recular and de pool get some !  Smiley

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November 24, 2013, 04:26:18 PM
 #13240

it definitely is "a lot to grasp" but all the info you are looking for has already been published. google it

its like being in the Unix channel asking a question and the grumps telling u to use MAN. all the answers are in MAN! why ask anything
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