[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool

[manic miner]

No need to worry.

If we end up only completing 4 rounds todays, just think .. .. it could always be worse.

1 round a day is bad.
 

Now get back to mining, slaves.

ya... you could be in EclipseMC and get 1 in every 4 days.

Ha, ha..  1 in 4, Now that's funny. 
(but probably not if your in EclipseMC)

I would hope the payouts are very high.

[kkurtmann]

I think payouts would be relatively the same over time on any pool

[tommymal83]

brilliant 4 blocks found over night (gmt) come on lads swing those axes....
we need a really good day to catch up to average ...

[cobra89y]

anyone have that link to overall luck on pools? if I remember correctly its pretty good on slush

[necro_nemesis]

anyone have that link to overall luck on pools? if I remember correctly its pretty good on slush

I refer to the information on pools posted here.

http://organofcorti.blogspot.ca

If you look at the March 16 post you'll be able to see a comparison.

It's nice to reflect on but past performance isn't an indication of future performance. If you remain on the line with any of them long enough you'll see it averages out.

[Mudbankkeith]

need tons of fees

If you have a transaction with paid fees, starting in a block that is later invalid, what happens to that transaction?

If it gets included in a block that is orphaned by the main chain, it will be eventually mined and included in the main chain since it was never confirmed by the main chain.  Typically a high priority transancation that paid miners fees would be included in the orphaned block and the main chain block that replaced it.

Keep in mind that the block reward and the mining fees can't be spent until there are 100 confirmations on that block.

Nice answer thankyou. 

[DestinyOceolot]

I have a question

Every time I try to mine bitcoins I get this error:
 https://i.imgur.com/t41zlgv.jpg


To start cgminer I use a .bat file containing this: 'cgminer --scrypt -o stratum+tcp://stratum.bitcoin.cz:3333 -u **** -p ****'

Also the intensity I set it to makes no difference

How can I start mining bitcoins?

[amspir]

To start cgminer I use a .bat file containing this: 'cgminer --scrypt -o stratum+tcp://stratum.bitcoin.cz:3333 -u **** -p ****'

Also the intensity I set it to makes no difference

How can I start mining bitcoins?

I'm pretty sure that slush isn't running a Litecoin mining pool.  I'm pretty sure the cgminer example is shown on slush's website.

[Nagaroth]

Yes, you are trying to mine a scrypt coin.  Bitcoins are hash 256 or something like that. There is the first page on Slush's Pool about 2/3rds of the way down; and it has a working example of config file for mining bitcoins.  Or are you trying to mine a Scrypt coin? But, you said mine bitcoins so....   Good luck.   

[necro_nemesis]

http://support.bitcoin.cz/Knowledgebase/Article/View/34/5/cgminer-setup

[gourmet]

AND the last one was just found to be invalid.

24 seconds too late, apparently.  Nothing in the pipe.  

So a different pool or someone found the block 24 seconds before us?

Or, better, some pool has found a block. Because their block is different from the one our pool has found.
They've found a block with the same block number ("height"), i.e. position in the block chain.

[gourmet]

Can I adjust somehow the difficulty that I get? I thought that you could do it from the workers edit, but there is nothing there.

I'm not sure what you mean by adjust the difficulty.  That is determined by the bitcoin network.  If you mean adjust the amount of work you get, just power down your rig for part of the day.

There has been a possibility to manually set the (minimum) difficulty (UserDiff) of the shares sent to the pool. It has been replaced by (automatic) VarDiff some time ago.
This is something different than the network difficulty.

No. VarDiff will in time will optimize your difficulty for your miners to maximize your submitted shares and minimize stales.

I'm afraid the reason has nothing to do with stales. (And where there's said that submitted shares are accepted shares?)
In fact, VarDiff tries to minimize ;-) the number of shares submitted, trying to conserve bandwidth and server load for fast miners.

[tommymal83]

Oh boy could this be another bad day for the miners,no blocks found overnight (gmt) btc only finding 10 and eligius only finding 5
which is poor for them ...lets hope it bucks up later on .....

[cobra89y]

yep need some short rounds

[Rondoz]

There has been a possibility to manually set the (minimum) difficulty (UserDiff) of the shares sent to the pool. It has been replaced by (automatic) VarDiff some time ago.
This is something different than the network difficulty.

Yes, something like that, i was looking for. So it is not possible any more. 

[necro_nemesis]

No. VarDiff will in time will optimize your difficulty for your miners to maximize your submitted shares and minimize stales.

I'm afraid the reason has nothing to do with stales. (And where there's said that submitted shares are accepted shares?)
In fact, VarDiff tries to minimize ;-) the number of shares submitted, trying to conserve bandwidth and server load for fast miners.

If this is the case why offer lower difficulty shares at all for slower miners? Yes correction I meant accepted not submitted.

[cobra89y]

yay a block

[The Avenger]

yay a block

Yay, two blocks in 28 hours! Glad I was mining somewhere else

[cobra89y]

hey atleast ur being positive

[Skydaddy]

I know we had an invalid block, but I thought something was wrong with my total as well. Like I refreshed it after being away all day, and it barely went up. It was the first time I noticed an invalid block, and I know there was only about 2 other rounds all day, but it was almost like it subtracted the invalid block amount from my balance.

I could just be seeing things.

If you are looking at your "Total reward:", remember that it is a combination of your "Confirmed reward" (that which has already been confirmed) and your "Unconfirmed reward" (that which is yet to be confirmed). If a block is "Orphaned" in the process of getting all its confirmations, then it is no longer considered a part of the "Unconfirmed reward" and is then not considered in the "Total reward", so yes, it is subtracted from the "Total reward". Effectively, the "Total reward" is what you will bank if each of the pending blocks is "confirmed". The only money that you actually have in the bank is the "Confirmed reward" and that value doesn't change if a pending block is determined invalid.