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Question: What type of pool payouts do you prefer?
Bitcoins - 3160 (80.5%)
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Gold/silver coins and bars - 359 (9.1%)
Total Voters: 3924

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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3933511 times)
The Avenger
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February 14, 2014, 06:23:39 PM
 #14921

Last call for "3-blocks-in-an-hour" slush train!

This train has now departed for "usual-8-hour-blockville"  Grin

"I am not The Avenger"
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Trefdraeth
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February 14, 2014, 06:29:58 PM
 #14922

Last call for "3-blocks-in-an-hour" slush train!

This train has now departed for "usual-8-hour-blockville"  Grin

Now watch the 'hoppers' pile back in and forget all their conspiracy BS  Cool
cyberm
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February 14, 2014, 06:39:29 PM
 #14923

26.00 BTC?Huh? WTF Roll Eyes

someone paying 0.9 BTC as fee w00000t
https://blockchain.info/tx/fa6bf9a4d3b427d3404afb48e22b8b57cbb3084cef02ab0f4427b07fef9c6955

Trefdraeth
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February 14, 2014, 06:49:24 PM
 #14924


Ouch!
Sir Alan
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February 14, 2014, 07:01:31 PM
 #14925

The sound of somebody somewhere kicking himself.

(The person who inadvertently paid a fee of 25BTC not so long ago is still in hospital being treated for psychological trauma.)

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moo.over
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February 14, 2014, 07:17:08 PM
 #14926

5 quick blocks in a row....wow, I was trying to change my 4 miners over to a different pool about 4 hours ago, but couldn't remote into them. Thank you Technical glitch.


Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?

binja9
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February 14, 2014, 07:32:23 PM
 #14927

Oh wow is me -





5 quick blocks in a row....wow, I was trying to change my 4 miners over to a different pool about 4 hours ago, but couldn't remote into them. Thank you Technical glitch.


Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?



Good Grief - run me through the logic
All this luck - beating it off with a stick now - is talking about it somehow going to end luck in some conveluted conspiracy theory.
 
anthem
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February 14, 2014, 07:45:03 PM
 #14928

5 quick blocks in a row....wow, I was trying to change my 4 miners over to a different pool about 4 hours ago, but couldn't remote into them. Thank you Technical glitch.


Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?



believe it or not, even if we sustained todays pace for 3 days, it may not go back to "normal" - though I'm certainly not going to argue against it. . . 
CheeseSammich
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February 14, 2014, 07:53:08 PM
 #14929

Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?



Don't ever go to Las Vegas.
Trefdraeth
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February 14, 2014, 07:59:51 PM
 #14930

5 quick blocks in a row....wow, I was trying to change my 4 miners over to a different pool about 4 hours ago, but couldn't remote into them. Thank you Technical glitch.


Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?



Dude, it's NOT luck. It's a function of statistics. Sometimes you win, sometime you loose. Long term you will achieve 'average' wherever you are, and for how long you decide to stay there.

That said, feel free to 'hop off', I like my shares with all these Gh/s seeking what they will never find, elsewhere.  Cool

Stick with Slush  Grin
moo.over
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February 14, 2014, 08:30:51 PM
 #14931

Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?



Don't ever go to Las Vegas.


Why not? Win some money then  walk away....... isnt that the smartest thing to do?

Really ive been watching the pool carefully, log in like ever hour at work (its addicting). I get it, in the long run it should even out......(well should)...... but i also notice that there will be one good day (kind of like today) then it will suck for 3-4 days....

Honestly, who REALLY thinks we will hit a few more >3 hour blocks in the next 24 hours???

Lets have a vote


CheeseSammich
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February 14, 2014, 08:43:48 PM
 #14932

Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?



Don't ever go to Las Vegas.


Why not? Win some money then  walk away....... isnt that the smartest thing to do?

No, it's not.
Walking away ahead at a gambling game makes more sense because you reduce the risk of losing your winnings to 0%.
Since there's no risk mining to begin with... you're not protecting your "winnings" in any way by leaving.  You're only hurting yourself by lowering your mining reward.
You're also assuming that "somewhere else" will have more "luck" than where you are now.  There's no way to prove that will actually happen.  It's a guessing game.

In the long run... staying in one pool makes the most sense... especially this one, since Slush's pool penalizes hopping by nature.

Pick a new pool and stay with it... or simply stay here.   Hopping is just a dumb move, IMO.


Trefdraeth
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February 14, 2014, 08:49:22 PM
 #14933

+1, Well said.
KNK
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February 14, 2014, 08:54:23 PM
 #14934

In the long run... staying in one pool makes the most sense... especially this one, since Slush's pool penalizes hopping by nature.

Pick a new pool and stay with it... or simply stay here.   Hopping is just a dumb move, IMO.

+2^256
Sticking to one pool only means 100% earnings for your hardware. Anything else is gambling and if you want to gamble ... ... ... solo mine with CPU

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
moo.over
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February 14, 2014, 09:08:52 PM
 #14935



[/quote]


In the long run... staying in one pool makes the most sense... especially this one, since Slush's pool penalizes hopping by nature.


[/quote]

Im at vegas now.. I brought with me 500, as of RIGHT now i am up to 1,000. Should I walk away or keep gambling until i make 2,000?


Anyhow. I am not hopping. I have been with slush since I started mining 3 weeks ago, so my luck % is roughly 90%. I actually like the pool and how it well it pays out(when it does find a block).


But honest question to everyone here....Who thinks we will find a few more less then three hour blocks in the last 24 hours. Again, I feel like we have one REALLY good day, then 2-3 crappy ones.

Anyhow all of this is talk, I am just killing time at work.
KNK
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February 14, 2014, 09:49:52 PM
 #14936

Who thinks we will find a few more less then three hour blocks in the last 24 hours.
I guess you mean next 24 hours.
 
Pool luck 166%, 84%, 90%, one 10+h block and one ~6h, pool ~777Th, network ~27Ph

The pool should find ~4 blocks daily, we have 11 ... if we find the next block before 2014-02-14 17:00 we are fine ... or our next round should be less than 20h to keep 100% daily luck.
To recover our weekly luck we need to have (approximately) round 21672 out of the stats page by the end of (edit 15-th) 17-th or otherwise twice the normal rounds per day ... on average 3h rounds, so yes we should have few more 'less than 3h' rounds in the next 72h and probably at least one in the next 24h

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
moo.over
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February 14, 2014, 09:59:26 PM
 #14937

Who thinks we will find a few more less then three hour blocks in the last 24 hours.
I guess you mean next 24 hours.
 
Pool luck 166%, 84%, 90%, one 10+h block and one ~6h, pool ~777Th, network ~27Ph

The pool should find ~4 blocks daily, we have 11 ... if we find the next block before 2014-02-14 17:00 we are fine ... or our next round should be less than 20h to keep 100% daily luck.
To recover our weekly luck we need to have (approximately) round 21672 out of the stats page by the end of 15-th or otherwise twice the normal rounds per day ... on average 3h rounds, so yes we should have few more 'less than 3h' rounds in the next 72h and probably at least one in the next 24h


This i like to read, some nice rational logic. Actually makes sense. I dont think it will take 72 hours to get back to 30day luck. More like 1week.


Where do you guys think the difficulty level will be next changeup? THat is what I worried about most......
EdB666
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February 14, 2014, 10:28:40 PM
 #14938

Who thinks we will find a few more less then three hour blocks in the last 24 hours.
I guess you mean next 24 hours.
 
Pool luck 166%, 84%, 90%, one 10+h block and one ~6h, pool ~777Th, network ~27Ph

The pool should find ~4 blocks daily, we have 11 ... if we find the next block before 2014-02-14 17:00 we are fine ... or our next round should be less than 20h to keep 100% daily luck.
To recover our weekly luck we need to have (approximately) round 21672 out of the stats page by the end of (edit 15-th) 17-th or otherwise twice the normal rounds per day ... on average 3h rounds, so yes we should have few more 'less than 3h' rounds in the next 72h and probably at least one in the next 24h


Unless my calculations are a bit off, I thought that with neutral luck, we should expect ~7 blocks daily - the CDF hits 50% at 3 and a bit hours IIRC.

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Poor impulse control.


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February 14, 2014, 10:31:36 PM
 #14939

Now that we had our lucky streak, doesn't it logically make sense to move over to another pool?



Don't ever go to Las Vegas.


Why not? Win some money then  walk away....... isnt that the smartest thing to do?

No, it's not.
Walking away ahead at a gambling game makes more sense because you reduce the risk of losing your winnings to 0%.
Since there's no risk mining to begin with... you're not protecting your "winnings" in any way by leaving.  You're only hurting yourself by lowering your mining reward.
You're also assuming that "somewhere else" will have more "luck" than where you are now.  There's no way to prove that will actually happen.  It's a guessing game.

In the long run... staying in one pool makes the most sense... especially this one, since Slush's pool penalizes hopping by nature.

Pick a new pool and stay with it... or simply stay here.   Hopping is just a dumb move, IMO.




As I mentioned a couple of pages back, I've managed to get an average of 100% of expected reward by mining at Slush's pool. The scoring algorithm penalises pool hopping more than standard proportional, but there are still gains to be made if you know exactly how far into a new round you should leave.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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The Avenger
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February 14, 2014, 11:16:09 PM
 #14940

As I mentioned a couple of pages back, I've managed to get an average of 100% of expected reward by mining at Slush's pool. The scoring algorithm penalises pool hopping more than standard proportional, but there are still gains to be made if you know exactly how far into a new round you should leave.


"I am not The Avenger"
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