Bitcoin Forum
September 30, 2016, 06:38:27 AM *
News: Due to DDoS attacks, there may be periodic downtime.
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3152 (80.4%)
Bank transfer / USD - 407 (10.4%)
Gold/silver coins and bars - 359 (9.2%)
Total Voters: 3916

Pages: « 1 ... 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 [783] 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 ... 1104 »
  Print  
Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3858143 times)
ZephramC
Sr. Member
****
Offline Offline

Activity: 475



View Profile
March 03, 2014, 08:21:58 PM
 #15641

I am curious what effect it could or would have to start mining in a pool after it shows a luck rating of below 80% long term (Monthly), and 60% short term (1 week).

I know this method is used extensively in stock trades. They call it the RSI or Relative Strength Index.

http://www.investopedia.com/terms/r/rsi.asp

Time and price movements are not random, as say hashing is. Luck can be relative, just as Relative Strength is.

Though it is possible to have permanently bad or low luck, it can not happen in nature over extremely long periods of times.

Yes you can flip "Heads" on a coin 100 times in a row, but if starting at toss #1 the laws of probability will prove out in the long run. Aberrations are just "Variance" of the longer term averages.

This can be used to a miners advantage.

If you only start mining on a pool when it has short term (1 to 2 Weeks) luck below  say 60 and switch to Pay Per Share when the pool luck goes above say 120, how would this affect the long term earnings of a miner?

Because just as Bad Luck, never lasts, so to Good Luck can also not last.

Unfortunately my college math skills have long been forgotten.

This is called Gambler's fallacy. In reality for truly random process "bad luck" does not imply "good luck in the future". Even if you toss the coin and wait for 10 heads in a row then the next toss would be equally likely head as tail. There is nothing like "after 10 red in a row in roulette there must be more black than red". The ratio should approach probability, but the difference between "good" and "bad" does not go to zero.
1475217507
Hero Member
*
Offline Offline

Posts: 1475217507

View Profile Personal Message (Offline)

Ignore
1475217507
Reply with quote  #2

1475217507
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1475217507
Hero Member
*
Offline Offline

Posts: 1475217507

View Profile Personal Message (Offline)

Ignore
1475217507
Reply with quote  #2

1475217507
Report to moderator
nottm28
Hero Member
*****
Offline Offline

Activity: 574



View Profile
March 03, 2014, 08:31:36 PM
 #15642

Before I get started, was the 2 second block invalid because it lost an orphan race or because it was invalid for some other reason? And was it two seconds after the last solved block for the network or for the pool?


Alas I only have these details from the slush api. My simple java app writes the blocks to a file over time.

Here is an extract of the log files:

block=start_time,duration,reward,hashes,luck,difficulty,confirmations
239597=2013-06-04 04:07:32,1:44:35,0.00615060,12426,1.09,12153411,
239581=2013-06-04 02:22:57,1:06:19,0.00568213,12426,1.09,12153411,
239579=2013-06-04 01:16:38,1:19:04,0.00532830,12426,1.09,12153411,
239570=2013-06-03 23:57:34,0:00:02,0.00457616,12426,1.09,12153411,invalid
239557=2013-06-03 22:39:26,1:02:08,0.00631690,12581,1.19,12153411,
239550=2013-06-03 21:37:18,1:47:07,0.00620117,12382,1.24,12153411,
239530=2013-06-03 19:50:11,0:23:53,0.00621462,12406,1.29,12153411,

As you can see, there is no indication from the api as to whether the block is invalid because it's orphaned or some other cause. But the logs show this was not a consecutive block for slush. The previous slush block before the 239570 2 second invalid was 239557...

[edit] btw check out the average time for a found block in them days - max 2 hours - and the difficulty only 12 million, and the entire pool hashrate of ~ 12 TH/s - them were the days...

donations not accepted
MrTeal
Legendary
*
Offline Offline

Activity: 1232


View Profile
March 03, 2014, 08:48:51 PM
 #15643

I am curious what effect it could or would have to start mining in a pool after it shows a luck rating of below 80% long term (Monthly), and 60% short term (1 week).

I know this method is used extensively in stock trades. They call it the RSI or Relative Strength Index.

http://www.investopedia.com/terms/r/rsi.asp

Time and price movements are not random, as say hashing is. Luck can be relative, just as Relative Strength is.

Though it is possible to have permanently bad or low luck, it can not happen in nature over extremely long periods of times.

Yes you can flip "Heads" on a coin 100 times in a row, but if starting at toss #1 the laws of probability will prove out in the long run. Aberrations are just "Variance" of the longer term averages.

This can be used to a miners advantage.

If you only start mining on a pool when it has short term (1 to 2 Weeks) luck below  say 60 and switch to Pay Per Share when the pool luck goes above say 120, how would this affect the long term earnings of a miner?

Because just as Bad Luck, never lasts, so to Good Luck can also not last.

Unfortunately my college math skills have long been forgotten.

This is called Gambler's fallacy. In reality for truly random process "bad luck" does not imply "good luck in the future". Even if you toss the coin and wait for 10 heads in a row then the next toss would be equally likely head as tail. There is nothing like "after 10 red in a row in roulette there must be more black than red". The ratio should approach probability, but the difference between "good" and "bad" does not go to zero.

Just to add to that, the reason why the luck will tend to move back to 100% is that the initial variance will get swamped by the new numbers. If you flip a coin 100 times and hit heads 20 times, each of the flips after that still has a 50% chance of coming up heads. So, if you flip it another 900 times you'd expect to hit 450 heads and 450 tails. When you look at the total of 470 heads and 530 tails it might seem like your luck has improved from 20/80, but really that's just where you'd expect it to be for those 900 flips that haven't happened yet.
MLWhuffo
Newbie
*
Offline Offline

Activity: 1


View Profile
March 04, 2014, 07:03:29 AM
 #15644

I'm having a problem with Vardiff. I'm running a pipelined miner; very perky but it takes a while to sync back up when the pool forces a change. The worst offender is Vardiff; it tries to force me to the appropriate difficulty level (which is fine with me), but when it does that my rig has to reset and resync. By the time it's ready to go, the pool has already decided to change the difficulty to a lower level. Rinse, repeat - what a nuisance. When it finally ends up at difficulty 1, it is allowed the time to get going - and almost immediately Vardiff changes the difficulty level again.

If there was a way to lock the difficulty level in Cgminer, I'd lock it at the appropriate value. But there's not, and it's no longer possible to set a difficulty level at the pool. Slush could fix this by allowing us to set a minimum difficulty level; Vardiff could determine the right one then it could be locked in. Or he could put a longer delay between difficulty changes. As it is, it's very difficult to keep my miner running; it spends far too much time resynchronizing and not enough time hashing.

I can live with the "new block" resets, but the Vardiff stuff is ridiculous.
RFF2
Newbie
*
Offline Offline

Activity: 3


View Profile
March 04, 2014, 01:24:49 PM
 #15645

I'm using GUIminer v2012-12-03. It ticks away at an embarassingly slow rate, but it's mine own (and I'm getting a better graphics card).

Nothing has been accepted or marked stale for over a month. It used to work. The console shows:

Code:
2014-03-01 14:08:38: Listener for "Graphics": stratum.bitcoin.cz:8332 01/03/2014 14:08:38, checking for stratum...
2014-03-01 14:08:38: Listener for "Graphics": stratum.bitcoin.cz:8332 01/03/2014 14:08:38, started OpenCL miner on platform 0, device 0 (Caicos)
2014-03-01 14:08:38: Listener for "Graphics": stratum.bitcoin.cz:8332 01/03/2014 14:08:38, diverted to stratum on stratum.bitcoin.cz:3333
2014-03-01 14:08:48: Listener for "Graphics": stratum.bitcoin.cz:8332 01/03/2014 14:08:48, Failed to subscribe
2014-03-01 14:08:50: Listener for "Graphics": stratum.bitcoin.cz:8332 01/03/2014 14:08:50, IO errors - 1, tolerance 2

I've done a lot of searching and come to the conclusion that nowhere is the appropriate server and port and an effective date listed.  I've tried stratum.bitcoin.cz and api.bitcoin.cz and ports 3333 and 3332 but the upshot is still the same. Am I using the wrong settings?
FalconFly
Sr. Member
****
Offline Offline

Activity: 252

Sentinel


View Profile
March 04, 2014, 03:10:39 PM
 #15646

Straight from the slush pool Main page https://mining.bitcoin.cz/ (sounds like this is the pool you use) :
Quote
3. Run miner

Run your own GPU/FPGA/ASIC miner with the worker credentials you gave earlier, and connect it to following URL:
http://api.bitcoin.cz:8332
(Main pool URL)

or
stratum.bitcoin.cz:3333
(If you have Stratum-compatible miner)

I have mine set to stratum.bitcoin.cz:3333 on slush, works like a champ.

PS.
Don't run GPUs on Bitcoin, they're slow as hell, produce no reasonable output (will likely take months just to reach slush minimum pool payout of 0.01BTC) and consume tons of energy which runs up the electrical bill to shocking numbers within short times.
You'd be better off with one of the obsolete Block Erupters (at least they only draw 2W of power)...

This forum signature is like its owner - it can't be bought
Sir Alan
Full Member
***
Offline Offline

Activity: 221


View Profile
March 04, 2014, 06:24:19 PM
 #15647

... I've done a lot of searching and come to the conclusion that nowhere is the appropriate server and port and an effective date listed.  I've tried stratum.bitcoin.cz and api.bitcoin.cz and ports 3333 and 3332 but the upshot is still the same. Am I using the wrong settings?
Your settings appear to be out of date.

Select the server "slush's pool(IPv6/alt)"  (this will automatically point to the correct url and port)
Make sure you have the correct user name and password in the appropriate boxes
Check that the selected device is correct - i.e. the GPU, not the CPU
Use these extra flags: -v -w 128 -f 10

If it still doesn't connect or mine, there could be a firewall issue.

While not wishing to drive anyone away from this pool, FalconFly is right about the poor return on effort of using a GPU for mining Bitcoin.  You might of course consider this worthwhile as a hobby, but you can earn more with your GPU by Scrypt mining through ScryptGuild.

1Eeyore17YeHrbJW5Q3pSdV8sXujkdrrFc
J_Dubbs
Full Member
***
Offline Offline

Activity: 238


View Profile
March 05, 2014, 02:51:15 AM
 #15648

Anyone else have low rewards/shares the last few rounds? Looks like my rewards were cut in half but estimated reward is currently on track, confused...

"a bird in the hand is worth two in the bush"
Learn something new?: 1hzpjSkWaxm7XaEMi5P2fL6hhxuj8gxyX
Samy102
Newbie
*
Offline Offline

Activity: 3


View Profile
March 05, 2014, 11:24:59 AM
 #15649

My rewards of the last 2 rounds were a little bit low (about 3/4 of the rounds before) and the estimated reward is 1/10 at the moment, but the website was a little slow a few minutes ago so i think something happened in the background and it will get back to normal.
FalconFly
Sr. Member
****
Offline Offline

Activity: 252

Sentinel


View Profile
March 05, 2014, 11:57:17 AM
 #15650

Anyone else have low rewards/shares the last few rounds? Looks like my rewards were cut in half but estimated reward is currently on track, confused...

My last three turned a bit sub-par as well.

21768 - 2014-03-05 09:29:54 : about -15% (definitely low)
21767 - 2014-03-05 08:23:34 : about - 5% (still within acceptable limits)
21766 - 2014-03-05 01:09:03 : about - 2% (normal statistical deviation)

This forum signature is like its owner - it can't be bought
RFF2
Newbie
*
Offline Offline

Activity: 3


View Profile
March 05, 2014, 12:57:44 PM
 #15651

Quote
I have mine set to stratum.bitcoin.cz:3333 on slush, works like a champ

Not here:

Code:
2014-03-05 07:51:13: Listener for "Graphics": 05/03/2014 07:51:13, started OpenCL miner on platform 0, device 0 (Caicos)
2014-03-05 07:51:13: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:13, checking for stratum...
2014-03-05 07:51:25: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:25, no response to getwork, using as stratum
2014-03-05 07:51:26: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:26,  [Errno 10061] No connection could be made because the target machine actively refused it
2014-03-05 07:51:27: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:27, IO errors - 1, tolerance 2
2014-03-05 07:51:28: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:28,  [Errno 10061] No connection could be made because the target machine actively refused it
2014-03-05 07:51:29: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:29, IO errors - 2, tolerance 2
2014-03-05 07:51:30: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:30,  [Errno 10061] No connection could be made because the target machine actively refused it
2014-03-05 07:51:31: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:31, IO errors - 3, tolerance 2
2014-03-05 07:51:31: Listener for "Graphics": stratum.bitcoin.cz:8333 05/03/2014 07:51:31, No more backup servers left. Using primary and starting over.

Quote
Select the server "slush's pool(IPv6/alt)"

Not in the list. Just "slush's pool".

Quote
If it still doesn't connect or mine, there could be a firewall issue

The log seems to indicate otherwise. It used to work, I have made no firewall changes, but I did upgrade to Windows 8.1 which may be significant.

Quote
You might of course consider this worthwhile as a hobby, but you can earn more with your GPU by Scrypt mining through ScryptGuild.

I'm sort of doing it as a hobby, not expecting any significant return, but thanks; I'll look into alternatives.
FalconFly
Sr. Member
****
Offline Offline

Activity: 252

Sentinel


View Profile
March 05, 2014, 01:09:25 PM
 #15652

GUIminer is fairly obsolete and doesn't include alot of changes after its last release, but it should still work with the Video Driver (its OpenCL Driver component needs to be up-to-date) properly installed.

Try to enter all data manually using the Pool list entry "other" , sounds like you have a systemic issue there (i.e. some syntax error or alike). If all else fails, try to connect to another pool for troubleshooting.

Since your card seems to be the HD6450, expect something like... 30MH/s performance.
If your Video card is passively cooled like many of these HD6450's, you could actually kill that card in a relatively short time - unless your PC case has good cooling.

This forum signature is like its owner - it can't be bought
KNK
Hero Member
*****
Offline Offline

Activity: 614


View Profile
March 05, 2014, 01:48:06 PM
 #15653

Quote
I have mine set to stratum.bitcoin.cz:3333 on slush, works like a champ
stratum.bitcoin.cz:8333 05/03/2014 07:51:13, checking for stratum...

Can't you see the difference?
You are using port 8333, while the stratum port is 3333. As FalconFly suggested - use "other" and enter the pool details there.

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
Mentalfloss
Jr. Member
*
Offline Offline

Activity: 43


View Profile
March 05, 2014, 02:23:37 PM
 #15654

About six weeks ago there were a few people here dissing Slush and the pool. I ran an experiment and moved half of my hashing to BTC Guild. Almost exactly the same payout from both. Moving all back to Slush today.

I do have a small concern though, my payout on one block was 0. Where did you all say support questions should be posted for the pool, his Facebook account or something?

21760   2014-03-03 19:13:24   12:57:32   9099362387   78309   0.00000000   288773   25.12601933    confirmed
KNK
Hero Member
*****
Offline Offline

Activity: 614


View Profile
March 05, 2014, 02:51:02 PM
 #15655

http://support.bitcoin.cz

But before you post, make sure it is not something on your side (which for this round most likely is).

Compare your shares (as percentage of all pool shares) for this round with those from the round before and after - you will most likely have less shares for 21760 and 21761, because your miner was not working or has not been connected to the pool at the end of the round.
The shares you have for round 21760 are for ~7GH, so if your miner has more than that it's clear it wasn't working

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
losgaaner
Newbie
*
Offline Offline

Activity: 1


View Profile
March 05, 2014, 03:40:06 PM
 #15656

Anyone else have low rewards/shares the last few rounds? Looks like my rewards were cut in half but estimated reward is currently on track, confused...

My last three turned a bit sub-par as well.

21768 - 2014-03-05 09:29:54 : about -15% (definitely low)
21767 - 2014-03-05 08:23:34 : about - 5% (still within acceptable limits)
21766 - 2014-03-05 01:09:03 : about - 2% (normal statistical deviation)


yep same thing at mine... anyone else?
Trefdraeth
Jr. Member
*
Offline Offline

Activity: 32


View Profile WWW
March 05, 2014, 03:58:10 PM
 #15657

About six weeks ago there were a few people here dissing Slush and the pool. I ran an experiment and moved half of my hashing to BTC Guild. Almost exactly the same payout from both. Moving all back to Slush today.

I do have a small concern though, my payout on one block was 0. Where did you all say support questions should be posted for the pool, his Facebook account or something?

21760   2014-03-03 19:13:24   12:57:32   9099362387   78309   0.00000000   288773   25.12601933    confirmed

+1
kabopar
Hero Member
*****
Offline Offline

Activity: 616


View Profile
March 05, 2014, 07:52:24 PM
 #15658

About six weeks ago there were a few people here dissing Slush and the pool. I ran an experiment and moved half of my hashing to BTC Guild. Almost exactly the same payout from both. Moving all back to Slush today.

I do have a small concern though, my payout on one block was 0. Where did you all say support questions should be posted for the pool, his Facebook account or something?

21760   2014-03-03 19:13:24   12:57:32   9099362387   78309   0.00000000   288773   25.12601933    confirmed

+1
My reward for 21760 was also low, about -12.5% relatively to my proportion of shares.
Kaos116
Newbie
*
Offline Offline

Activity: 28


View Profile
March 06, 2014, 02:49:26 AM
 #15659

Not sure how many, but atleast the last 2 rounds found have not been added to my total rewards.
kabopar
Hero Member
*****
Offline Offline

Activity: 616


View Profile
March 06, 2014, 09:57:35 AM
 #15660

Not sure how many, but atleast the last 2 rounds found have not been added to my total rewards.

All rounds are accounted for at my side  (currently upto Slush block #21773).  Which rounds are missing at your side?

Pages: « 1 ... 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 [783] 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 ... 1104 »
  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!