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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 3854202 times)
MichaelAlbayati
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June 07, 2014, 04:58:40 AM
 #16861

Question :
How long it usually takes until the Pool pays out what you've got already within the "Send threshold:"...

Example: My Send threshold is 0.1 BTC , and I've already got 0.10486336 BTC in Confirmed reward, how long it's should take until I see that number in my wallet? Or I have to do something else?

I'm new here, so forgive me...

Thank you for all of your advices and answers.
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sjc1490
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June 07, 2014, 05:42:29 AM
 #16862

Usually pays every hour, you can go as low as .01

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mstrongbow
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June 07, 2014, 06:55:24 AM
 #16863

Usually pays every hour, you can go as low as .01

Yup and I have noticed payouts are closer to the TOP of the hour as well.

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MichaelAlbayati
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June 07, 2014, 07:20:57 AM
 #16864

Usually pays every hour, you can go as low as .01

Thank you so much guys,

I already got the payment...
Mentalfloss
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June 07, 2014, 10:07:48 AM
 #16865

I started mining on this pool just a few weeks ago, but, whats the avg earning / day for 200 GH/s for example?(1 antminer S1).

For example, one day i earned around 8 €, another 10€, another maybe 5€... it depends always on the blocks of course... sometimes a block is found with just mins or 1 hour, and sometimes you have to wait 17 hours xDD

That question is the intrigue of The Great and Mighty SLUSH POOL. Since Slush is not the biggest fish in the sea, there is no "average day" and therefore, no "average earning / day". On the rare day, we may feel lucky to get 1 block resolved, and then on another we may be so blessed as to get 10 or more blocks resolved. These past few days have been wonderful, and that is why I mine SLUSH. I find it boring to sit back knowing that every hour, we would find a block and that being part of a "super sized" pool, each and every participant would receive his tiny share of the reward, but the consistency would be there at at the end of the month or the end of the three month cycle I would find "X" bitcoin in my wallet. With SLUSH, we may have a slow day with 1 block, and the next day we may have a very exciting rush of blocks. Ultimately, and "on average", at the end of the month I would find that same number of Bitcoin in my wallet, but the "roller coaster ride" made it all worth the drama and excitement of mining with SLUSH. Typically any of the Bitcoin Calculators will tell you what to "expect" to earn in a given month. If you work with a "super sized" pool, you'll find that estimation to be fairly close. If you work with a less than "super sized" pool, you'll find that estimation to be fairly close. The way that I look at it is, do I want to be bored while waiting for my Bitcocin bank to build, or do I want DRAMA, and Excitement, and a bit of misery along the path to the bank, and every time, I choose SLUSH. Ride the roller coaster! Cool

I ran a 7-week experiment starting in 11/2013 where I pointed 1/2 of my hashing power to BTC Guild. I earned almost exactly the same but just a little more here. Granted that is an unscientific experiment but it was to silence a current and any future whiner. And I am glad to see you get some excitement out of being here but I was here to earn cash. My old farm of block erupter blades and cubes are no longer generating what they cost to run in electricity costs and today is possibly their last day running as I consider shutting them down. Any new mining equipment these days is priced too high vs difficulty pushing it to obsolescence in weeks, anything even close to ROI is impossible. Even as an enjoyable hobby I'm not spending $1,000 to return $100.
Donkeycongo
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June 07, 2014, 10:42:43 AM
 #16866

I started mining on this pool just a few weeks ago, but, whats the avg earning / day for 200 GH/s for example?(1 antminer S1).

For example, one day i earned around 8 €, another 10€, another maybe 5€... it depends always on the blocks of course... sometimes a block is found with just mins or 1 hour, and sometimes you have to wait 17 hours xDD

That question is the intrigue of The Great and Mighty SLUSH POOL. Since Slush is not the biggest fish in the sea, there is no "average day" and therefore, no "average earning / day". On the rare day, we may feel lucky to get 1 block resolved, and then on another we may be so blessed as to get 10 or more blocks resolved. These past few days have been wonderful, and that is why I mine SLUSH. I find it boring to sit back knowing that every hour, we would find a block and that being part of a "super sized" pool, each and every participant would receive his tiny share of the reward, but the consistency would be there at at the end of the month or the end of the three month cycle I would find "X" bitcoin in my wallet. With SLUSH, we may have a slow day with 1 block, and the next day we may have a very exciting rush of blocks. Ultimately, and "on average", at the end of the month I would find that same number of Bitcoin in my wallet, but the "roller coaster ride" made it all worth the drama and excitement of mining with SLUSH. Typically any of the Bitcoin Calculators will tell you what to "expect" to earn in a given month. If you work with a "super sized" pool, you'll find that estimation to be fairly close. If you work with a less than "super sized" pool, you'll find that estimation to be fairly close. The way that I look at it is, do I want to be bored while waiting for my Bitcocin bank to build, or do I want DRAMA, and Excitement, and a bit of misery along the path to the bank, and every time, I choose SLUSH. Ride the roller coaster! Cool

I ran a 7-week experiment starting in 11/2013 where I pointed 1/2 of my hashing power to BTC Guild. I earned almost exactly the same but just a little more here. Granted that is an unscientific experiment but it was to silence a current and any future whiner. And I am glad to see you get some excitement out of being here but I was here to earn cash. My old farm of block erupter blades and cubes are no longer generating what they cost to run in electricity costs and today is possibly their last day running as I consider shutting them down. Any new mining equipment these days is priced too high vs difficulty pushing it to obsolescence in weeks, anything even close to ROI is impossible. Even as an enjoyable hobby I'm not spending $1,000 to return $100.


Maybe enjoy the ride, I do agree some gear is not worth running now, if you consider what you got involved in, if you want to turn cash around fast and not hold coins over time or at the end you are correct, look at pre last xmas prices, we wont hit them again, but every coin today if you believe in Bitcoin is worth more in the tomorrows to come
mammix2
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June 07, 2014, 11:20:49 AM
 #16867

Hi guys,

I need your help in relation to BitBargain's sellers test. There is one question that i am struggling with so i would appreciate your help very much. The question is:
"You want to sell at Bitstamp Ask + 4%, but never below 200 GBP per BTC. What is the price formula for this?".

I hope someone here is a BitBargain seller and came across this question on the test Smiley

Many thanks in advance and i am looking forward to your replies.

Hi

Did you ever get the answer to this question. im stuck on this question too. Ive been over and over the formulas in the Price matching but keep getting it wrong.

Here is the answer i keep coming to.. but is wrong..

1 | bitstampUSD_ask * USD_in_GBP * 1.04 | minprice(200, item=btc)

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Alexiandar
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June 07, 2014, 05:26:01 PM
 #16868

Hi mammix2,

I did get it right eventually, on my 3rd time. I did complain to them that there was not much info on that question, like they listed all the variables you can use, but no rules of how to use them and similar. 2 of the admins were not helpful at all, while the 3rd one was great at pointing you where you went wrong instead of just saying "wrong" as the other 2. After my complaint they put some more info and made few more changes on their "how to" guide, so they clearly agreed that not all of their sellers are software programmers and they need to explain a bit more of the process and include the USD_in_GBP variable in their examples as people on their site are most likely to work with GBP and not USD.

I believe this was my correct answer:
200 | bitstampUSD_ask * USD_in_GBP * 1.04

You always start with the lowest amount you want to sell your BTC, which in your case is 1 and should be 200 like the question asks. You don't need to use the function "minprice(floor, param1=value1, param2=value2, etc)" unless you want to want to match the price of other sellers by including other criteria.

Hope this helps and best of luck with your exam Smiley
sjc1490
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June 07, 2014, 11:23:42 PM
 #16869

Anybody else notice how every evening (CST) the hash rate jumps up to around 32+ from the 26 to 28 rate? Seems like this has been going on for the last 4 days or so. Is Ghash crashing everyday or something?

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Dioni
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June 08, 2014, 12:29:59 AM
 #16870

Anybody else notice how every evening (CST) the hash rate jumps up to around 32+ from the 26 to 28 rate? Seems like this has been going on for the last 4 days or so. Is Ghash crashing everyday or something?

I noticed the same thing during the day Hash rate is near normal 26-28 and during evening/night jumps to 30+.... this is annoying, my rewards are impacted (from 3/4 to 1/2)
sjc1490
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June 08, 2014, 04:06:29 AM
 #16871

Yep, same here and it is beginning to suck. Thing is that the solve rate doesn't seem to be any faster just lower payouts.

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
mstrongbow
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June 08, 2014, 04:29:51 AM
 #16872

Yep, same here and it is beginning to suck. Thing is that the solve rate doesn't seem to be any faster just lower payouts.

Solve rate is up a tad....we solved about 15% more today than our recent avg

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sjc1490
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June 08, 2014, 10:45:02 PM
 #16873

Anybody's else payouts stuck?

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markneill
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June 08, 2014, 11:30:16 PM
 #16874

I think a slow ramp up in reward for those joining in the middle of a block would deter hoppers and reward the loyal, kind of reverse of what we have now.

Wait, do people not know how this pool scoring works?

Shares contributed at the very start of the window come easily, they have a low computational cost, and therefore, a lower score.  Shares later cost more to calculate, and so have a higher score.  Each hash is scored, the sum of all the hash scores added up, the block reward divided up (minus the pool fee) between all scores, and you get the proprtion of (your score / pool score) for a given block.

The only way someone jumping in at the end of the block gets the same reward as someone that started at the beginning is if that person has VASTLY more compute power available - and in that case, if they'd been in at the start of the block, they have gotten way more than the original full-time person anyway, because they calculate more hashes per second.
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June 08, 2014, 11:37:31 PM
 #16875

I think a slow ramp up in reward for those joining in the middle of a block would deter hoppers and reward the loyal, kind of reverse of what we have now.

Wait, do people not know how this pool scoring works?

Shares contributed at the very start of the window come easily, they have a low computational cost, and therefore, a lower score.  Shares later cost more to calculate, and so have a higher score.  Each hash is scored, the sum of all the hash scores added up, the block reward divided up (minus the pool fee) between all scores, and you get the proprtion of (your score / pool score) for a given block.

The only way someone jumping in at the end of the block gets the same reward as someone that started at the beginning is if that person has VASTLY more compute power available - and in that case, if they'd been in at the start of the block, they have gotten way more than the original full-time person anyway, because they calculate more hashes per second.

Uhmm...your entire first bit is completely wrong.  The shares do not come more easily or take any more time to calculate at any point during the round.  Score based payment is purely a way to discourage people from leaving the pool, by making your previous work worthless.  The work done is no harder at any point in a round.

The slush payment method is hoppable, though not as badly as the old proportional systems.  However, the concept of pool hopping to increase profits is basically dead since there are no pools large enough with a hoppable method to make it worth the trouble.

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mstrongbow
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June 08, 2014, 11:38:05 PM
 #16876

Many of us slush pool regulars have noticed when a pool/group of miners (or even a single miner with huge hashrate) failes over to the slush pool...those of us mining regularly almost always see our estimated payouts (for current round) decrease almost immediately after previously mentioned miners failover etc.

Just saying. I am not switching anytime soon.

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sjc1490
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June 09, 2014, 12:14:50 AM
 #16877

Agreed on both counts.

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Donkeycongo
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June 09, 2014, 02:39:43 AM
 #16878

what really sucks about slush method is if your miner goes down in last part of round and you don't catch it in time, you get nothing for last 6hrs or work,, DOH!  Embarrassed
Dioni
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June 09, 2014, 05:58:30 AM
 #16879

what really sucks about slush method is if your miner goes down in last part of round and you don't catch it in time, you get nothing for last 6hrs or work,, DOH!  Embarrassed
Agreed happened 2 times for me .. the last time , connection bugged 4 minutes before end of block Angry
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June 09, 2014, 10:15:00 AM
 #16880

22221    2014-06-09 08:07:48    3:24:06    8501589349    804777    0.00437127    304916    25.00466351    89 confirmations left
22220    2014-06-09 04:43:42    3:04:24    7980279619    764631    0.00000000    304891    25.12988034    64 confirmations left
22219    2014-06-09 01:39:18    6:34:46    17918206763    3065284    0.00367330    304872    25.00080000    45 confirmations left


hmm...not at home ...checking remotely..but the one before and after are fine...weird...anyone else seeing the same?

not a big deal..but problems that show up resolve (on the next run thru) themselves are always a bit odd

#22220

Searing

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