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Question: What type of pool payouts do you prefer?
Bitcoins - 3160 (80.5%)
Bank transfer / USD - 407 (10.4%)
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 3926282 times)
necro_nemesis
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April 01, 2014, 02:37:46 AM
 #16141

22 minute block...  the good old days.  Roll Eyes
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Terra Hash
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April 01, 2014, 02:51:33 AM
 #16142

22 minute block...  the good old days.  Roll Eyes
It's officially April Fools Day server time.
STT
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April 01, 2014, 04:19:14 AM
 #16143

Quote
80/20 that China will ban bitcoin businesses etc from dealing with banks in the mainland directly


China doesnt let business freely exchange for dollars so far as I know so btc ban probably slots into that policy; command economy and all
btc is a network economy supposedly

Benjy_Bronk
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April 02, 2014, 11:00:52 AM
 #16144

First off, it's my fault for that last long block. I added a new cube yesterday. Cheesy

Secondly I have to share my idiot moment of the week. I was frustrated beyond anything trying to get it set up. I put in the settings with the IP address and whatnot and then tried to get to the cube via another computer on my network. So I would put it back to factory settings, try different things and try to connect again. No matter what I did, I couldn't reach the cube. I was about to throw it through a window until I realized the network cable I had going to the switch had come just slightly unplugged. Popped it in and I was hashing away. I guess I was the butt of my own April Fool's joke.


Please donate bitcoins to 1Fnru3bQ35VccmGQiDsA5Up2dmmiddUq47
Bitkoinzz
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April 02, 2014, 12:20:45 PM
 #16145

man you guys are having some bad luck over here.
bitfor8888
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April 02, 2014, 01:34:02 PM
 #16146

man you guys are having some bad luck over here.

It looked like that especially in the last 1 week.

As a newbie, I tried to analysis using the statistics from the site (https://mining.bitcoin.cz/stats/):

In this line and if the luck meant average against the world, the latest is  176% 89% 100% for 1 7 30 days.    Hence it seems it is just average (100%) if you calculate over 1 month.  But the 89% is very bad (and reflect the feel in the last 1 week).  But the 176% currently (because after a long wait we have 0 hour one), that seems just wide fluctuation of a small pool.  May be one has to be patient.

What I do not understand if one look at say this: http://bitcoinchain.com/pools

You can see that slush pool have average 258,349 GH/s but it only got 56 blocks but other having much less GH/s got more blocks.  Is that normal and are we getting less block than we should. 

It comes back, what does that meant the pool luck statistics reported in the site.  If it does not reflect the average block per time period per GH/s, what does it meant?

Just asking as I am still in this pool. 

===

Another question whilst I am still in this pool, is my average average?

My 200 GH/s based on stat. should gave me 0.02 per day (per http://www.bitcoinx.com/profit/) but in this site it is average 0.0125 per day for the last 2 weeks (with last 10 rounds now is 200+ GH/s).  Is that a bit below expectation or it is the bitcoinx too optimistics about this.

In any case may be I should be happy as I saw all these TH/s machine coming everywhere now.  I think that 0.125 / day is not going to last even ...
 

RoninMD
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April 02, 2014, 03:13:36 PM
 #16147

We are due for an ORPHAN...

so we are also due for 5 people declaring something is wrong and they are moving their miners.

and go...

300 gh/s Avalon, a 19 hour block and a BTC reward of 0.00002856!!!  Might as well be an orphan.
necro_nemesis
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April 02, 2014, 06:13:39 PM
 #16148

man you guys are having some bad luck over here.

It's all about to change. I made a new tin foil hat and this one is shaped like a pirate's... Arg!
spazzdla
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April 02, 2014, 06:25:52 PM
 #16149

Today I've gotten more blocks on slushies than on my peercoin mining pool.

WTH D7.. How am I getting more BTC BLOCKS?!?!.. /end rant
RoninMD
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April 02, 2014, 06:26:55 PM
 #16150

man you guys are having some bad luck over here.

It's all about to change. I made a new tin foil hat and this one is shaped like a pirate's... Arg!

Harrr!!! I been on this barge for 19 hours and me sees after all this scuttlebut only 2856 pieces of eight.  Haaarrrr!!!
Sir Alan
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April 02, 2014, 09:17:24 PM
 #16151

Harrr!!! I been on this barge for 19 hours and me sees after all this scuttlebut only 2856 pieces of eight.  Haaarrrr!!!
OT, sort of, but to relieve the wait for the next block...

Long John Silver enters the Admiral Benbow Inn, and on being greeted by the landlady answers "I'm very well indeed, Missus 'Awkins, thank'ee kindly for askin'."
"But Mr Silver, you have lost a leg since you were last here."
"Arrr, shot off by a cannon-ball it were, but I've had this 'ere wooden peg fitted, and now I'm as right as rain."
"And you have lost a hand, Mr Silver."
"Arrr, chopped off by a sabre it were, but I've had this 'ere hook fitted, and now I'm as right as rain."
"You are wearing an eye patch, have you lost your eye as well?"
"Arrr, looked up, I did, and a seagull crapped in it."
"But surely that would not cause you to lose an eye?"
"Arrr, well, it were the first day with me new hook."

1Eeyore17YeHrbJW5Q3pSdV8sXujkdrrFc
finbad2
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April 02, 2014, 11:37:36 PM
 #16152

at a certain point shutting down the mines will be neccesarry. 

$436 and falling


necro_nemesis
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April 02, 2014, 11:41:29 PM
 #16153

at a certain point shutting down the mines will be neccesarry. 

$436 and falling




Do us a favor; tell that to this:  https://blockchain.info/charts/hash-rate
markneill
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April 03, 2014, 12:18:19 AM
 #16154

at a certain point shutting down the mines will be neccesarry. 

$436 and falling

If you're mining to turn a profit, maybe.

I'm more interested in just making a slow and steady conversion, since my computers are always on, from dollars into the electric bill to BTC.  Will I ever need them?  Maybe, maybe not.  TigerDirect takes them, and so does my preferred site for MP3's, so there's that.

That being said - 2 new Antminers fired up today, they'd already hashed more shares in the 5 minutes they were on than my GPU had in what was the 90 minute lifetime of the chrrent block so far.  Yay.
finbad2
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April 03, 2014, 12:45:20 AM
 #16155

I get it, and by all means mine away
but let say it went to $20USD a coin
hell  shutdown and buy on the open market.

my point is, we are coming to a point where the pace of mining might actually slow down, pick up again, later for sure

but for the first time, network hash rate might actually go down or hold steady.

anyway, might not.

it is fun thinking about it tho.




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April 03, 2014, 03:12:02 AM
 #16156

at a certain point shutting down the mines will be neccesarry. 

$436 and falling

I wouldn't get your hopes up.  Mining hardware has been pre-ordered already which will probably trickle in all the way to 2015.  The odds of the network hash rate going down are pretty low unless the price is low enough that newer ASICs can't even beat the costs of electricity.  You can't factor in device RoI for network growth when it's already been paid for and the companies have terrible track records of providing refunds.

R.I.P. BTC Guild, 2011 - 2015.
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digdug111
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April 03, 2014, 06:03:54 AM
 #16157

Antminer S1's sold out at Bitmain tech.

S2's are way too expensive also and not available.  Should have picked up my 6th S1 when I had the chance.

Interesting.
necro_nemesis
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April 03, 2014, 06:19:56 AM
 #16158

That's just recently. I'm wondering if it was putting downward pressure on the S2 price prior to them being shipped. Seemed the discounting stopped this week on the S1 just before this. The S2 at it's current price isn't a whole lot better deal. Still uses the same power hungry ASIC. I expect that one to drop radically after the first batch or two goes out. Too much more efficient competition for it soon.
faxfan2002
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April 03, 2014, 07:45:54 AM
 #16159

Any ideas why 3 of miners (out of 5) would be significantly under reporting M/hash's?

First 2 are fine at around ~200Gh/s that last 3 are at 166GH/s - all locally are around ~190GH/s - 210GH/s (overclocked S1's)
The Avenger
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April 03, 2014, 09:55:32 AM
 #16160

Look at all those lovely block being found! Keep it going, let's get that luck up to 2000%!

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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