Bitcoin Forum
February 19, 2018, 08:57:58 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3217 (80.4%)
Bank transfer / USD - 414 (10.3%)
Gold/silver coins and bars - 371 (9.3%)
Total Voters: 4000

Pages: « 1 ... 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 [871] 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 ... 1135 »
  Print  
Author Topic: [2+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4323879 times)
Sonix711
Jr. Member
*
Offline Offline

Activity: 43
Merit: 0


View Profile
July 28, 2014, 01:35:44 PM
 #17401

Hey Everyone Smiley
Hey Slush Smiley

Hope your all well.

When I first started mining, many moons ago, I was mining with Slush's pool...& never really had any problems, thanks very much.

I can't exactly remember what made me switch pools, but I have been mining with BTCGuild currently.
I have wanted to move back to Slush's pool, but the thing thats holding me back is Namecoin merged mining... I never mined them originally with Slush, and now I wish I had.

I have mined a few through BTCGuild, but what with all this talk of regulation in US and such like, if BTCGuild does shutdown completely, will you, Slush, be re-implementing merged Namecoin mining again?

I hope so !!! Otherwise, I have no idea which direction to head in next - without Namecoin mining, there is basically no Namecoin network, right? Unless your talking solo merged mining or something, right?

Any input is welcome - I hope to make new friends here, and perhaps bump into friends from BA's forum originally, or from here originally that I have now met on BA's forum... hope that makes sense... Smiley

For the record, I only mine small scale - I used to GPU mine mainly with 1 x Asus 6870, & 2 x Asus 7970's.
Now I am mining with 1 x BE, 2 x BFL 7gh's, 1 x BFL 25gh's, & 1 x BA Prospero X1 ( rpi version ) mostly running around 100-120gh's unless its crashed - you may have seen my vids on youtube - please
search under my name on here on there Smiley

I hope merged Namecoin mining makes a return to Slush's Pool !!!

Thanks everyone, & again, thanks Slush for all your time & effort in the past & into the future Smiley !!!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
yan7181
Full Member
***
Offline Offline

Activity: 173
Merit: 100


View Profile
July 28, 2014, 01:54:49 PM
 #17402

looks like another 12 hour duration, 4th in 3 days,  Undecided
whispy
Jr. Member
*
Offline Offline

Activity: 44
Merit: 0


View Profile
July 28, 2014, 02:42:14 PM
 #17403

looks like another 12 hour duration, 4th in 3 days,  Undecided

Don't worry it will be an invalid again  Shocked
With the pool size back up to 5.7 Peta looks like we are all gluttons for punishment.
JPoet
Jr. Member
*
Offline Offline

Activity: 55
Merit: 0


View Profile
July 28, 2014, 04:08:25 PM
 #17404

Looks like we may break the record for longest round!
psahx
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
July 28, 2014, 04:08:36 PM
 #17405

Newbie here;
Invalid block == orphaned block?

Yes.

Bitcoin Wiki
sjc1490
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500



View Profile
July 28, 2014, 06:32:04 PM
 #17406

looks like another 12 hour duration, 4th in 3 days,  Undecided

15+, this isn't funny anymore.

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
bmoscato
Sr. Member
****
Offline Offline

Activity: 253
Merit: 250


View Profile
July 28, 2014, 06:50:46 PM
 #17407

This is ridiculous!
Rboxer
Jr. Member
*
Offline Offline

Activity: 38
Merit: 0

Escrow Mining contract 40Gh/s


View Profile
July 28, 2014, 06:51:27 PM
 #17408

looks like another 12 hour duration, 4th in 3 days,  Undecided

15+, this isn't funny anymore.

Lel 12Hours ?
Let see this today round !

Tips me BTC : 13jsAg6S6osJKMaSpMNRSZErSVskXba1rf
bmoscato
Sr. Member
****
Offline Offline

Activity: 253
Merit: 250


View Profile
July 28, 2014, 07:07:44 PM
 #17409

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?
bobsav2121
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
July 28, 2014, 07:13:13 PM
 #17410

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

I've been mining for a while and I still don't quite understand this long block business either. !

Bob

I know its not because of computing power, so what exactly is it ?
sjc1490
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500



View Profile
July 28, 2014, 07:16:49 PM
 #17411

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

I am far from an expert but luck as well as total hashing power does have a part in it. We are coming off of a 30 day run or so of really good luck so I really can't complain too much. Larger pools do usually find more blocks but your share will be a lot smaller so it does average out. Here is a link to weekly pool stats and luck: https://bitcointalk.org/index.php?topic=77000.0

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
JPoet
Jr. Member
*
Offline Offline

Activity: 55
Merit: 0


View Profile
July 28, 2014, 07:26:59 PM
 #17412

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

I am far from an expert but luck as well as total hashing power does have a part in it. We are coming off of a 30 day run or so of really good luck so I really can't complain too much. Larger pools do usually find more blocks but your share will be a lot smaller so it does average out. Here is a link to weekly pool stats and luck: https://bitcointalk.org/index.php?topic=77000.0


I started here last week Sad
Billbags
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250

Brainwashed this way


View Profile
July 28, 2014, 07:28:13 PM
 #17413

It is just taking a long time to find and complete a block.

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
sjc1490
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500



View Profile
July 28, 2014, 07:30:17 PM
 #17414

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

I am far from an expert but luck as well as total hashing power does have a part in it. We are coming off of a 30 day run or so of really good luck so I really can't complain too much. Larger pools do usually find more blocks but your share will be a lot smaller so it does average out. Here is a link to weekly pool stats and luck: https://bitcointalk.org/index.php?topic=77000.0


I started here last week Sad
I know it is tempting to jump ship but hang in there it will pick back up. Usually after a run like this we have a couple of really good rounds.

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
bobsav2121
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
July 28, 2014, 07:30:38 PM
 #17415

That's a very interesting link, never saw that before, THANKS.
Gives a good picture of what exactly is going on.  I switched to "slush" from CEX after having what I thought were bad days. but I see now that it does even out.
Bob
JPoet
Jr. Member
*
Offline Offline

Activity: 55
Merit: 0


View Profile
July 28, 2014, 07:33:26 PM
 #17416

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

I am far from an expert but luck as well as total hashing power does have a part in it. We are coming off of a 30 day run or so of really good luck so I really can't complain too much. Larger pools do usually find more blocks but your share will be a lot smaller so it does average out. Here is a link to weekly pool stats and luck: https://bitcointalk.org/index.php?topic=77000.0


I started here last week Sad
I know it is tempting to jump ship but hang in there it will pick back up. Usually after a run like this we have a couple of really good rounds.

Cool, hanging in.
nottm28
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
July 28, 2014, 09:33:02 PM
 #17417

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

Think of it like this, 5 people (5 miners in the pool - slush) are standing in a room and are being asked to guess a number between 1 and 10000.
They shout their guesses out as fast as they can.
They are trying to guess the same number faster than the 50 people in the room next door (50 miners in ghashio).

With 50 people compared to 5, it's most likely that the larger pool will guess more numbers.

On a lucky day however, slush with it's dedicated army of 5 - will punch way above it's station (and historically always has).

On unlucky days the 50 people next door are having all the fun and us paltry 5 people seem to have no chance.

TL;DR version for the impatient
So to answer you question, the reason we have these longs rounds is due partly to bad luck and partly to the fact that there are much bigger pools than us. I still mine here, always have liked the underdog.


donations not accepted
sjc1490
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500



View Profile
July 28, 2014, 09:36:17 PM
 #17418

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

Think of it like this, 5 people (5 miners in the pool - slush) are standing in a room and are being asked to guess a number between 1 and 10000.
They shout their guesses out as fast as they can.
They are trying to guess the same number faster than the 50 people in the room next door (50 miners in ghashio).

With 50 people compared to 5, it's most likely that the larger pool will guess more numbers.

On a lucky day however, slush with it's dedicated army of 5 - will punch way above it's station (and historically always has).

On unlucky days the 50 people next door are having all the fun and us paltry 5 people seem to have no chance.

TL;DR version for the impatient
So to answer you question, the reason we have these longs rounds is due partly to bad luck and partly to the fact that there are much bigger pools than us. I still mine here, always have liked the underdog.



Well said.

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
dbbrummel
Jr. Member
*
Offline Offline

Activity: 49
Merit: 0


View Profile
July 28, 2014, 09:38:05 PM
 #17419

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

I am far from an expert but luck as well as total hashing power does have a part in it. We are coming off of a 30 day run or so of really good luck so I really can't complain too much. Larger pools do usually find more blocks but your share will be a lot smaller so it does average out. Here is a link to weekly pool stats and luck: https://bitcointalk.org/index.php?topic=77000.0


I started here last week Sad
I know it is tempting to jump ship but hang in there it will pick back up. Usually after a run like this we have a couple of really good rounds.

Cool, hanging in.

If you poke around Blockchain.info you can find some useful information. The most important one for this discussion is the average time to find a block, which is above 10 minutes, which means all pools are suffering a little bit and finding fewer blocks than normal. That high average also means the Level of Difficulty increase coming up may be a small one. Not much of a consolation but we had some big LOD increases recently and they really kill your hardware investment. I'll trade 1 24 hour block for 1 small LOD increase!
nottm28
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
July 28, 2014, 09:46:40 PM
 #17420

I have a question as a newbie to this entire crypto coin thing...  Are these long periods due to the pool not finding a block or that the pool doesn't have enough processing power to decipher the block?

Think of it like this, 5 people (5 miners in the pool - slush) are standing in a room and are being asked to guess a number between 1 and 10000.
They shout their guesses out as fast as they can.
They are trying to guess the same number faster than the 50 people in the room next door (50 miners in ghashio).

With 50 people compared to 5, it's most likely that the larger pool will guess more numbers.

On a lucky day however, slush with it's dedicated army of 5 - will punch way above it's station (and historically always has).

On unlucky days the 50 people next door are having all the fun and us paltry 5 people seem to have no chance.

TL;DR version for the impatient
So to answer you question, the reason we have these longs rounds is due partly to bad luck and partly to the fact that there are much bigger pools than us. I still mine here, always have liked the underdog.



Well said.

Thanks, my son (and other non-bitcoin people) understood it this way way. Opens up loads more questions:
  • What happens if one guy shouts answers really fast - better hash rate
  • What happens if slush and ghash recruit extra people so they guess the numbers faster - difficulty increases and you now have to guess a number between 1 to 15000

etc

donations not accepted
Pages: « 1 ... 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 [871] 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 ... 1135 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!