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Question: What type of pool payouts do you prefer?
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Author Topic: [150+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 4319354 times)
necro_nemesis
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March 21, 2014, 05:50:11 PM
 #15921

It's actually termed pool hopping.

http://bitcoin.stackexchange.com/questions/5072/what-is-pool-hopping

Most pools have mechansims in place that make it unrewarding.

Here is a description of Slush's score based system which removes the incentive to hop.

http://support.bitcoin.cz/Knowledgebase/Article/View/32/1/score-based-reward-system
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Trongersoll
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March 21, 2014, 05:54:39 PM
 #15922

Can you explain what pool jumping is?

Is it when someone sees a pool has good luck with finding blocks so they jump to that pool hoping the luck continues?

Thanks in advance for any explanations.

That is the simplest explanation. they leave when the luck is bad and come back when the think it is going to be good. I'm sure that there are more complicated ways of calculating when to stay and go. In the end, they are trying to maximize gains by playing the system. I doubt that what the get is all that worthwhile. but they probably think it is. Like how gamblers always talk about their big wins and forget about their losses.
TRSundown
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March 21, 2014, 06:03:36 PM
 #15923

You guys rock. Thanks for helping this noob with understanding all of this...
DPoS
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March 21, 2014, 06:58:57 PM
 #15924

Can you explain what pool jumping is?

Is it when someone sees a pool has good luck with finding blocks so they jump to that pool hoping the luck continues?

Thanks in advance for any explanations.

That is the simplest explanation. they leave when the luck is bad and come back when the think it is going to be good. I'm sure that there are more complicated ways of calculating when to stay and go. In the end, they are trying to maximize gains by playing the system. I doubt that what the get is all that worthwhile. but they probably think it is. Like how gamblers always talk about their big wins and forget about their losses.

sometimes people jump on a craps table when a roller get hot and want to join the ride.. or the other way like walking past a roulette wheel that shows it landed black 19 of the last 20 spins so you stop and bet red the next 10 thinking that it has to be red more than black now...

two ways of thinking




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nottm28
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March 21, 2014, 07:02:43 PM
 #15925

You see, now we have seven blocks in one day. It's all good. Pool hop if you want, but you will only maximize your profits by luck alone. Hanging in any single pool gives you predictability.

Not true. There's plenty of information about how to maximise income by hopping proportional and scored proportional pools.


Got a link? How can you predict luck?

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necro_nemesis
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March 21, 2014, 07:12:30 PM
 #15926

You see, now we have seven blocks in one day. It's all good. Pool hop if you want, but you will only maximize your profits by luck alone. Hanging in any single pool gives you predictability.

Not true. There's plenty of information about how to maximise income by hopping proportional and scored proportional pools.


Got a link? How can you predict luck?

The only way I know of is using Raulo's attack and AFAIK all notable pools i.e. anything that comes up looking like your not solo mining, have instituted some form of protection against it.
KNK
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March 21, 2014, 07:23:39 PM
 #15927

Not true. There's plenty of information about how to maximise income by hopping proportional and scored proportional pools.
Got a link? How can you predict luck?
You don't. You can calculate 'when to leave a pool' and not loose much, but there should be another pool you can jump to, which is the guessing part, that makes it not worth it IMHO.

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necro_nemesis
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March 21, 2014, 07:39:38 PM
 #15928

I personally don't care who comes and goes. The only one who does likely is the pool itself since it works off a flat percentage whereas all our percentages vary with the size of the pool.
Rondoz
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March 21, 2014, 07:47:58 PM
 #15929

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.
amspir
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March 21, 2014, 08:19:47 PM
 #15930

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.
Mblackout
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March 21, 2014, 08:31:45 PM
 #15931

here we go again .. 8 hours......
Mudbankkeith
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March 21, 2014, 08:35:34 PM
 #15932

here we go again .. 8 hours......

Time for the Hoppers,Skippers & Jumpers to depart

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bronxnua
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March 21, 2014, 08:49:08 PM
 #15933

here we go again .. 8 hours......

Time for the Hoppers,Skippers & Jumpers to depart


I am on with over 1.5TH  and not getting much on slush.. wtf is going on?  over 8 hours.
nottm28
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March 21, 2014, 09:10:21 PM
 #15934

Not true. There's plenty of information about how to maximise income by hopping proportional and scored proportional pools.
Got a link? How can you predict luck?
You don't. You can calculate 'when to leave a pool' and not loose much, but there should be another pool you can jump to, which is the guessing part, that makes it not worth it IMHO.

Hmm, I'm not sure Organofcorti was thinking such a simple solution and I for one would like to know more...

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nottm28
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March 21, 2014, 09:12:46 PM
 #15935

here we go again .. 8 hours......

Time for the Hoppers,Skippers & Jumpers to depart


I am on with over 1.5TH  and not getting much on slush.. wtf is going on?  over 8 hours.

Yes, slush's pool is currently finding approximately 35 blocks per week or 5 a day so 8 hours is not unusual (although disliked by many). To mine here you have to take the long blocks with the short...

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markneill
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March 21, 2014, 09:21:20 PM
 #15936

here we go again .. 8 hours......

Time for the Hoppers,Skippers & Jumpers to depart


I am on with over 1.5TH  and not getting much on slush.. wtf is going on?  over 8 hours.

I know, we haven't had a 12 hour block in...almost a whole day.

CDF is at ~85% on the current block, nothing to see here, move along.
necro_nemesis
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March 21, 2014, 09:41:18 PM
 #15937

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.

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

Some pools have no ability to do this and you have to work it out manually. Some allow you to set minimums. Slush does it automatically. Sit back and relax and let the pool do it's magic. Grin

Hoppers check your stats, I see a strong "move along" signal.
Ski72
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March 21, 2014, 11:07:47 PM
 #15938

DRY spell ...  Undecided

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InfiniteGrim
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March 21, 2014, 11:56:03 PM
 #15939

AND the last one was just found to be invalid.
amspir
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March 22, 2014, 12:15:00 AM
 #15940

AND the last one was just found to be invalid.

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