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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 3857744 times)
xunknownx
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April 11, 2014, 07:36:09 AM
 #16261

I couldnt find the answers hence i am looking for help. Refreshing webpages i got that down though

https://www.google.ca/search?q=bitcoin+mining&sourceid=ie7&rls=com.microsoft:en-CA:IE-Address&ie=&oe=&gfe_rd=cr&ei=dJJHU9aeO6KV8QekyICoAw

much resources. many answers.

I am already mining i just need to find out how to get see what rate am i hashing at with slush's ?

it says

Average hashrate in last 10 rounds: XXXXXX Mhash/s
and also below that it says Mhash/s*, which should pretty closely resembles your average hashrates above.
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eagerminer
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April 11, 2014, 07:43:31 AM
 #16262

I couldnt find the answers hence i am looking for help. Refreshing webpages i got that down though

https://www.google.ca/search?q=bitcoin+mining&sourceid=ie7&rls=com.microsoft:en-CA:IE-Address&ie=&oe=&gfe_rd=cr&ei=dJJHU9aeO6KV8QekyICoAw

much resources. many answers.

I am already mining i just need to find out how to get see what rate am i hashing at with slush's ?

it says

Average hashrate in last 10 rounds: XXXXXX Mhash/s
and also below that it says Mhash/s*, which should pretty closely resembles your average hashrates above.

THanks for trying to help me out guys, but i just joined the pool a few hour ago the the average hash rate in last 10 rounds is blank. and the column that says   Mhash/s keeps increasing every tie i refresh currently showing  3074141.745 , and as i stated i have no where close to that power.
TrytoHex
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April 11, 2014, 07:47:35 AM
 #16263

WTF My miners dropped from slush to backup pool about 10 minutes ago ?!

Same thing here, my two oldest Workers went to back-up, two new ones just stayed on slush. One came back to slush this morning, one is still on back-up pool
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April 11, 2014, 10:47:20 AM
 #16264

Just happend again, my two oldest workers are on back-up pool, two newer ones keep on hashing on slush...
nukka33
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April 11, 2014, 12:38:40 PM
 #16265

Just happend again, my two oldest workers are on back-up pool, two newer ones keep on hashing on slush...

i've been having problems all night...

now my antminers are mining on slush but my knc hasn't been able to log in for the last 15hrs and is mining on btcguild at the moment.

i tried to restart it, reset it, even tried the hard reset and firmware update but nothing seems to work... Huh
Nono242
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April 11, 2014, 12:47:50 PM
 #16266

Same here, my KnC stopped mining :-(
TrytoHex
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April 11, 2014, 12:57:20 PM
 #16267

Also tried everything, rebooting minepeon a couple of times, added a new worker, nothing works. I submitted a ticket this morning (I'm in Belgium, so it's afternoon Here now) but no response yet.
Skydaddy
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April 11, 2014, 01:19:38 PM
 #16268

THanks for trying to help me out guys, but i just joined the pool a few hour ago the the average hash rate in last 10 rounds is blank. and the column that says   Mhash/s keeps increasing every tie i refresh currently showing  3074141.745 , and as i stated i have no where close to that power.
[/quote]
******************************************************************
Eagerminer,  Hopefully, this explaination might help you out a bit.

     On your "Account" page near the bottom under the heading "Workers" you will see the "Average hashrate in the last 10 rounds:". That information will be blank until you have been "mining" for at least 10 rounds (read "the pool has resolved 10 Blocks"). If you've just joined the pool in the past few hours, you haven't been here long enough to have been part of the "last 10 rounds".

     In the area just below, you will find your "worker's" reportable efforts, including "Current shares" which is what your "reward" is based on, as a percentage of all the shares contributed to the effort of resolving a specific "block" (please note that this number will "reset" to 0 each time that the pool resolves a block, so don't fret when that happens. It's keeping track of your effort with regards to the current "block" the pool is working.) A bit to the right of this you will see "Mhash/s*". That is where you will find "your hashrate". Please note that this hashrate most likely will start out quite low with regards to what may be reported by your "mining software package" but it will grow as your mining continues until such time that it "approaches" the figure that is either reported by your "mining software package" or the "magic number" that you expect to see based on the type and strength of mining hardware you have connected to the system. Note that it will most likely NOT match your expectation exactly because of many factors, but most important is that it is near your expected figure. The "pool" figures this hashrate out based on the number of "shares" that your mining software is submitting, as well as the number of "shares" that are "accepted" or "rejected" and may also be affected by the number of hardware HW errors that your equipment is experiencing, so all these factors bear effects on the "reported hashrate" and are a true reflection of your equipment/mining software package performance.

     If the numbers you ultimately see closely reflect the numbers you expected, then you have nothing to fret about. If they don't match up like you expect, then you need to be questioning the equipment, or the mining software package, or the manner in which you configured the combination.
GodfatherBond
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April 11, 2014, 01:27:23 PM
 #16269

I have strange problems:
I have two Coincraft Desk 1TH miners.
Yesterday they dropped both from slush to backup pool.
I tried to reconnect to slush, another miner works fine, but the second one does not send any shares - it worked fine about a week until yesterday. Restart, reset, checked passwords, url etc. but nothing helps. However it mines just fine on Eligius. Very strange.

Sound like the unit have some internal problem? Or is there any recent changes on pool that can cause this?

Claim your 300€ welcome package at CasinoEuro! Real money casino that accepts also Bitcoins >: Click to Get $100 Bonus < win daily free cash! Fully lisenced.
TrytoHex
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April 11, 2014, 02:42:13 PM
 #16270

I have strange problems:
I have two Coincraft Desk 1TH miners.
Yesterday they dropped both from slush to backup pool.
I tried to reconnect to slush, another miner works fine, but the second one does not send any shares - it worked fine about a week until yesterday. Restart, reset, checked passwords, url etc. but nothing helps. However it mines just fine on Eligius. Very strange.

Sound like the unit have some internal problem? Or is there any recent changes on pool that can cause this?

If you would have just read the last 10 Posts you would have noticed there are more people with the Same problems and nobody got a response yet from support...
bebooba11
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April 11, 2014, 09:32:47 PM
 #16271

WTF My miners dropped from slush to backup pool about 10 minutes ago ?!

One of my workers died and isn't coming back online. My 4 other workers are still going.


ditto i just went to like 17000 or whatever on my 555gh miner....an't working
at least in midwest usa (may be me) i re-started miner same...17000 trickle

did slush just muck up?

Searing

Only One of my workers is still offline. I'm going to try creating a new one so it gets created on a working server Smiley
Nope, still having issues. Something's gotta be up!
The new worker I created is now working with all of my miners. I was on BTC with my 110 gh/s avalon. which was a complete waste since I didnt even hit .01 btc...I guess I just love wasting electricity.
Hermonminer
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April 12, 2014, 04:00:27 PM
 #16272

Things I've discovered about bitcoin mining: a noobs perspective

1. Many (not all) BTC miners are liars hahaha
2. You can make money mining BTC. This is abso#uckinglutely true.
3. Many BTC miners will say that is not true, but...see #1.
4. ROI is not the gold standard for for determining if you actually make money at mining! Caring about or thinking about ROI is just one way of thinking about mining. It is not the only legitimate way. I do not give a ratsa$$ about ROI. That money is gone, gone, gone. It is the cost of doing business. (Except for tax purposes and since many miners are liars, they will not be reporting their earnings to the IRS, so that is moot).
5. The only factors that matter to mining are difficulty as it relates to the amount of time a round MAY take, electricity costs versus BTC reward, BTC/$ exchange rate, and luck.
6. To make real money, go big or don't go at all. Unless you are hobby mining start with at least 1-2 TH/s or have as your goal to build toward this as fast as you can. Go up from there.
7. Read the damn forum posts noobs. Most of the info you need is already there.
8. BTC miners will generally not encourage new miners coming on to a pool because you dilute our rewards to some extent.
9. Mining at other pools will generally not earn you more rewards no matter what their payout formula is (PPlns, pps, dgm, etc.) but please go try them so I can earn more rewards on Slush's when you leave.
10. The BTC mining calculators are all based on certain assumptions that may or may not be true especially the more complex ones. I generally ignore them except to see if my actual earnings match what they say I should be earning (but only as a snapshot of today).
11. I am a BTC miner so I may be lying about all this.
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April 12, 2014, 05:07:48 PM
 #16273

11. I am a BTC miner so I may be lying about all this.

THAT ^ made me laugh.  Cheesy

*insert appropriate begging line here* 
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necro_nemesis
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April 12, 2014, 05:19:51 PM
 #16274

I don't think it's of any significance discouraging new independent miners. Their contributions are a fly on the elephant's back to the likes of KNC. I'd rather see independent miners collectively give those groups a run for their money and keep them in check. Independent miners bring more to the value of BTC than the data centers do who offload BTC for cash flow. As for the pool itself I encourage growth as much as possible since the pool size in itself is irrelevant to the point where we over tax it and it starts to struggle with the workload. If anything new miner's are new interest in BTC value and without growing interest the currency won't grow.
KNK
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April 12, 2014, 05:49:30 PM
 #16275

Things I've discovered about bitcoin mining: a noobs perspective

1. Many (not all) BTC miners are liars hahaha
....
11. I am a BTC miner so I may be lying about all this.
I am also a BTC miner and can confirm that you are complete noob and liar  Grin

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FalconFly
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April 12, 2014, 11:23:26 PM
 #16276

Things I've discovered about bitcoin mining: a noobs perspective

1. Many (not all) BTC miners are liars hahaha
2. You can make money mining BTC. This is abso#uckinglutely true.
3. Many BTC miners will say that is not true, but...see #1.
4. ROI is not the gold standard for for determining if you actually make money at mining! Caring about or thinking about ROI is just one way of thinking about mining. It is not the only legitimate way. I do not give a ratsa$$ about ROI. That money is gone, gone, gone. It is the cost of doing business. (Except for tax purposes and since many miners are liars, they will not be reporting their earnings to the IRS, so that is moot).
5. The only factors that matter to mining are difficulty as it relates to the amount of time a round MAY take, electricity costs versus BTC reward, BTC/$ exchange rate, and luck.
6. To make real money, go big or don't go at all. Unless you are hobby mining start with at least 1-2 TH/s or have as your goal to build toward this as fast as you can. Go up from there.
7. Read the damn forum posts noobs. Most of the info you need is already there.
8. BTC miners will generally not encourage new miners coming on to a pool because you dilute our rewards to some extent.
9. Mining at other pools will generally not earn you more rewards no matter what their payout formula is (PPlns, pps, dgm, etc.) but please go try them so I can earn more rewards on Slush's when you leave.
10. The BTC mining calculators are all based on certain assumptions that may or may not be true especially the more complex ones. I generally ignore them except to see if my actual earnings match what they say I should be earning (but only as a snapshot of today).
11. I am a BTC miner so I may be lying about all this.

Let me share my perspective on that :

1. I'm a miner and honest to the core
2. Hardly at this time, unless you absolutely project a rising BTC valuation to make up for the last months (or somehow managed to build your own highend hardware and operate it at low power costs)
3. Many say that because - it is true (and try to give newbies better options and prevent them to burn money - we've been there ourselves, no need to watch other do the same)
4. ROI is only irrelevant if you don't care about losing money OR are absolutely sure BTC valuation will rise significantly again (most people do and they have little reason not to - only the timeframe remains unknown, could be a long time).
5. the factors that matter to mining are difficulty, efficiency of hardware, cost of aquiring, operating and maintaining hardware and optimum resale time/price, plus how well your hardware regeneration cycle will work out for you....and last but not least BTC valuation itself (little point in mining power-hungry gear, should BTC fall and spend an extended time sub-1$ again, now would it?)
6. to make real money - go for a realistic ROI. Then it doesn't matter if you snatched a small miner for a good price or went for highend gear (all stock gear has about the same overprice level with the smaller ones naturally ending up on the worse end of the scale... in the end that will require resale value to make up for the missing 100% ROI from mining - unless you maybe have free/lowcost electricity, that can make a big difference especially on bigger gear)
7. Yep, often spread across hundreds of posts but within a few weeks it should work. Most important it is to ensure this happens before money is tossed at anything.
8. Miners don't care about new individual miners entering the show - we all know they're raindrops into the ocean. The big guns driving the global hashrate are more of an issue and that's a battle that cannot be won - it's the hardware manufacturers themselves that openly act colluded to drive prices/diff increases at a certain pace. They set the prices to gain maximum profit, mine with their own gear before it's delivered and only deliver limited batches - often with massive delays - in order not to create unwanted mining competition.
9. True, slush is pretty good in terms of rewards and minimum payout, good for small and bigger miners.
10. For as long as the calculators transparently include the empirically most probable diff increases and correctly perform the dynamic calculation, they're ideal. "non complex" calculators that ignore or simplify these variables cannot yield realistic results.
11. I'm a BTC miner, yet I am honest about all this... Won't mine much longer though, my experiment basically is concluded (purchasing directly immediately gave me more BTC than I could have ever mined - at a far lower cost than mining and free of the associated hassles/risks).

This forum signature is like its owner - it can't be bought
necro_nemesis
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April 13, 2014, 01:24:45 AM
 #16277

You mine BTC because deep down inside you're a rebel, pirate, scoundrel and a thief.

You buy BTC because you don't need to lose money acting out this fantasy.
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April 13, 2014, 03:00:29 AM
 #16278

I love how people undermine their seemingly logical arguements by using terms like ROI incorrectly. they clearly don't know what the term means. Shocked

*insert appropriate begging line here* 
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Hermonminer
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April 13, 2014, 04:52:59 AM
 #16279

Been mining since Feb. 9th. Three of my 6 mining rigs have already paid for themselves, another will have paid for itself as soon as I sell the BTCs in my wallet (waiting for a slightly higher price) or can spend that disposable income that I did not have before on something else. Buying and selling BTC means staying glued to the computer all day and is too time consuming. If I wanted to day trade I would day trade stocks. As it is, I sit on my butt minting money or go do something else that is fun or interesting and mint money at the same time.

I get to write off the cost of the miners. They, like all capital equipment, are on a depreciation schedule so the price I paid for them does not stay fixed over the course of time. The calculators I have seen do not seem to account for this and that screws up the ROI formulas. I get to write off some portion of my home office, electricity costs, computer hardware that I use for monitoring or mining, and anything else a creative tax accountant can find. Do the mining calculators account for any of that? Not that I can tell. Sure, I have to pay income tax, so what, it is INCOME and so far it looks pretty good that I will have more income than outgo even if I account for the cost of the miners for ROI. My miners will keep making new money as long as running them does not exceed the cost of the electricity I use and the price of BTC does not fall too low. That too appears to be a long way from happening.   Kiss
eleuthria
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April 13, 2014, 05:13:24 AM
 #16280

Been mining since Feb. 9th. Three of my 6 mining rigs have already paid for themselves, another will have paid for itself as soon as I sell the BTCs in my wallet (waiting for a slightly higher price) or can spend that disposable income that I did not have before on something else. Buying and selling BTC means staying glued to the computer all day and is too time consuming. If I wanted to day trade I would day trade stocks. As it is, I sit on my butt minting money or go do something else that is fun or interesting and mint money at the same time.

I get to write off the cost of the miners. They, like all capital equipment, are on a depreciation schedule so the price I paid for them does not stay fixed over the course of time. The calculators I have seen do not seem to account for this and that screws up the ROI formulas. I get to write off some portion of my home office, electricity costs, computer hardware that I use for monitoring or mining, and anything else a creative tax accountant can find. Do the mining calculators account for any of that? Not that I can tell. Sure, I have to pay income tax, so what, it is INCOME and so far it looks pretty good that I will have more income than outgo even if I account for the cost of the miners for ROI. My miners will keep making new money as long as running them does not exceed the cost of the electricity I use and the price of BTC does not fall too low. That too appears to be a long way from happening.   Kiss

Writing off the cost of equipment doesn't change the ROI.  If your equipment+expenses to mine $4,500 in BTC was $5,000, you still lost money.  Writing off expenses doesn't put money back in your pocket.

R.I.P. BTC Guild, 2011 - 2015.
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