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Question: What type of pool payouts do you prefer?
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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3859698 times)
faxfan2002
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March 19, 2014, 01:29:58 PM
 #15881

Well I checked out Eligius and my "maximum" earning potential is .0939, oddly enough my past 5 days on Slush's has earned me an average of .0950. So a little bit more even with a 24 hour block...
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Benjy_Bronk
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March 19, 2014, 01:31:13 PM
 #15882

Quick! Someone throw on another block erupter! Wink

Please donate bitcoins to 1Fnru3bQ35VccmGQiDsA5Up2dmmiddUq47
EdB666
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March 19, 2014, 01:33:56 PM
 #15883

Congratulations Slush's Pool!

http://bestanimations.com/Holidays/Fireworks/fireworksanimation-13.gif

24 hours mining, zero blocks found!

Current round duration:   1 day, 0:00:51
1 day Pool luck:   0%

A great moment in mining history.

I'll be celebrating by barbecuing some roadkill - it feels appropriate.

Okay Slush, we reached 24 hours, no need for overkill, can we have a block now pleeeeeease?

1Q2Wsn4wrmg7gzSWVqDZAfWa441khqnCav
Mblackout
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March 19, 2014, 01:41:55 PM
 #15884

BINGGGGGG!!!!!
The Avenger
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March 19, 2014, 01:43:13 PM
 #15885



1 day, 0:53:55

"I am not The Avenger"
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BuhTuglia
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March 19, 2014, 03:39:52 PM
 #15886


Just the first of many, I'm sure. The future ain't what it used to be.

Just another dust miner... Enquiring Gnomes want to Mine!
Send nothing to 16SVa2iQA6HuNPDGYShpmeEvUBRi2gW7f1
manic miner
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March 19, 2014, 03:55:41 PM
 #15887

 Grin
My earnings for our mega round was '0.000000000' yep, that's right, nothing.

I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
 Cheesy
Trongersoll
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March 19, 2014, 04:41:43 PM
 #15888

Grin
My earnings for our mega round was '0.000000000' yep, that's right, nothing.

I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
 Cheesy

So it is your fault that it took so long because you weren't helping. Wink

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
Scyntech
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March 19, 2014, 04:56:40 PM
 #15889

Grin
My earnings for our mega round was '0.000000000' yep, that's right, nothing.

I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
 Cheesy

So it is your fault that it took so long because you weren't helping. Wink

Twas my fault. I added 20Gh/s to my set up. I should have known better.

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March 19, 2014, 06:32:59 PM
 #15890

Grin
My earnings for our mega round was '0.000000000' yep, that's right, nothing.

I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
 Cheesy
lol! Best story I've read today Grin

I jumped out of a few blocks over the last few days and then they finished within one or two hours. Which annoyed me.

Then I got pig-headed and decided I would not leave until the next block was found - no matter what.

25 hours later Cry

Quite literally the 100% worst possible block in the history of Slush's pool to decide to see through to the end and I did  Cry  Grin

"I am not The Avenger"
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Mblackout
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March 19, 2014, 08:15:13 PM
 #15891

Grin
My earnings for our mega round was '0.000000000' yep, that's right, nothing.

I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
 Cheesy
lol! Best story I've read today Grin

I jumped out of a few blocks over the last few days and then they finished within one or two hours. Which annoyed me.

Then I got pig-headed and decided I would not leave until the next block was found - no matter what.

25 hours later Cry

Quite literally the 100% worst possible block in the history of Slush's pool to decide to see through to the end and I did  Cry  Grin

that was brutal.   I was in it till the end.  These big blocks are killer!!!

Question about pools.  Why slush pool over eligius
finbad2
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March 19, 2014, 08:18:24 PM
 #15892

its over  over yet,   so far 1 block in 30 hours......... and counting.....
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March 19, 2014, 08:45:45 PM
 #15893

Boom! Got sick of 30 hours and only one block, so jumped last block about 5 hr 50min. Less than an hour later it's found  Angry


"I am not The Avenger"
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spazzdla
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March 19, 2014, 08:56:50 PM
 #15894

How long does it usually take for unconfirmed to become confirmed?
nottm28
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March 19, 2014, 09:01:50 PM
 #15895

Tired of mining forever for 0 BTC?
Have a hundred clicks here for 1 BTC: http://whatever.scam.you.care.to.pick
It's so easy to earn, even I can approve...  Smiley
So let's just help each other to get some coins, folks... Cheesy

For the newbies - this is a SCAM warning - https://bitcointalk.org/index.php?topic=359078.0

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bspurloc
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March 19, 2014, 09:03:41 PM
 #15896

ONCE again a Big fail for Slush this is becoming far to common that rounds are not consistent hash rate continues to climb while pay out drops.  I have been a loyal miner on Slush since I began bitcoin mining and it saddens me that I am at a point where I will have to make a choice what is  the best use of my equipment.
I dont know about anyone else but I cant justify running nearly 1TH 24/7 and get one round in a day. just a complete waist of my equipment and electricity because this site cant seem to manage there equipment.

Not sure can hold out on this pool much longer.   


Would any one like to offer alternative pools and give reasons why they like each of them?Huh?

If you go over to Eligius and click on contributors you'll see exactly what you'll earn. It's steady plus you'll get some NMC as well. Your payout would be  1,000.86 Gh/s is 0.11842856 BTC per day.

"Your payout would be  1,000.86 Gh/s is 0.11842856 BTC per day."

In all honesty when eligius says your payout per DAY, it isnt accurate, it means your EVENTUAL payout would average this per day, cuz it is highly unlikely u r going to get paid out in a day.
 but regardless of that u wont earn anything significant more or less over slush. slush will almost always beat eligius by a tiny percentage over time.
but hey what do I know, oh yeah I mine both so I know.
bspurloc
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March 19, 2014, 09:05:19 PM
 #15897

Well I checked out Eligius and my "maximum" earning potential is .0939, oddly enough my past 5 days on Slush's has earned me an average of .0950. So a little bit more even with a 24 hour block...


EXACTLY. and that is how it will stay but showing people numbers > other numbers will never get them to see x+.01 > x when long blocks happen.
fredsbend
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March 19, 2014, 09:11:06 PM
 #15898

Yeah, pretty slow on finding those blocks lately. Over a whole freaking day just for one block.

I was tempted to switch over to another pool, but I keep coming back to this one thing:

Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.

So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.

Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.

So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.

Bitcoin? Looks like fun.
nottm28
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March 19, 2014, 09:13:00 PM
 #15899

How long does it usually take for unconfirmed to become confirmed?

Slush's pool takes 100 further found blocks for your reward to be confirmed. This is to ensure the block is not a duplicate in a fork etc. Other pools wait for up to 120 further founds blocks for your reward to be confirmed.

[edit] so 100 blocks average 10 mins per block (by design but quite often less) is approx 16.7 hours for a block to be confirmed.

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nottm28
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March 19, 2014, 09:17:16 PM
 #15900

Yeah, pretty slow on finding those blocks lately. Over a whole freaking day just for one block.

I was tempted to switch over to another pool, but I keep coming back to this one thing:

Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.

So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.

Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.

So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.

+1

I have mined here for over a year and have briefly dabbled with other pools. My gut feeling always tells me this pool is the 'luckiest' in the long run. Plus if everyone switches to ghashio or btcguild - what do we end up with? One massive pool and centralised bitcoin mining. I'll always mine on 'not the biggest pool'.

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