Bitcoin Forum
December 08, 2016, 06:15:42 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
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

Pages: « 1 ... 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] 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 ... 1105 »
  Print  
Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3929684 times)
JPoet
Jr. Member
*
Offline Offline

Activity: 59


View Profile
July 28, 2014, 07:26:59 PM
 #17421

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
1481177742
Hero Member
*
Offline Offline

Posts: 1481177742

View Profile Personal Message (Offline)

Ignore
1481177742
Reply with quote  #2

1481177742
Report to moderator
1481177742
Hero Member
*
Offline Offline

Posts: 1481177742

View Profile Personal Message (Offline)

Ignore
1481177742
Reply with quote  #2

1481177742
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481177742
Hero Member
*
Offline Offline

Posts: 1481177742

View Profile Personal Message (Offline)

Ignore
1481177742
Reply with quote  #2

1481177742
Report to moderator
1481177742
Hero Member
*
Offline Offline

Posts: 1481177742

View Profile Personal Message (Offline)

Ignore
1481177742
Reply with quote  #2

1481177742
Report to moderator
Billbags
Sr. Member
****
Offline Offline

Activity: 280

Brainwashed this way


View Profile
July 28, 2014, 07:28:13 PM
 #17422

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



View Profile
July 28, 2014, 07:30:17 PM
 #17423

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: 126


View Profile
July 28, 2014, 07:30:38 PM
 #17424

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: 59


View Profile
July 28, 2014, 07:33:26 PM
 #17425

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: 574



View Profile
July 28, 2014, 09:33:02 PM
 #17426

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



View Profile
July 28, 2014, 09:36:17 PM
 #17427

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


View Profile
July 28, 2014, 09:38:05 PM
 #17428

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: 574



View Profile
July 28, 2014, 09:46:40 PM
 #17429

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
Omarko
Jr. Member
*
Offline Offline

Activity: 42


View Profile
July 28, 2014, 09:48:37 PM
 #17430

sorry Im still new to this ... how do we find out when the round ends? Its been over 18 hours and the reward I had so far (with my 110gh/s) has been puny at 0.00045383 BTC. Feels like all this work but very little return. Is that how this work ?

some rounds we earn more, some less ? What is that dependent on ?

thanks
sjc1490
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 28, 2014, 09:54:39 PM
 #17431

sorry Im still new to this ... how do we find out when the round ends? Its been over 18 hours and the reward I had so far (with my 110gh/s) has been puny at 0.00045383 BTC. Feels like all this work but very little return. Is that how this work ?

some rounds we earn more, some less ? What is that dependent on ?

thanks
Look at your estimated reward on the account page, when this round ends that is close to what you can expect to receive. This is just an unusually long round, but you look under your statistics page to see when it as well as previous rounds have ended.

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

Activity: 59


View Profile
July 28, 2014, 09:56:14 PM
 #17432

This sounds right for 110ghz, I get about 10x with 10x power.
dropt
Legendary
*
Offline Offline

Activity: 1442



View Profile
July 28, 2014, 09:58:43 PM
 #17433

sorry Im still new to this ... how do we find out when the round ends? Its been over 18 hours and the reward I had so far (with my 110gh/s) has been puny at 0.00045383 BTC. Feels like all this work but very little return. Is that how this work ?

some rounds we earn more, some less ? What is that dependent on ?

thanks

You will know the round ended by visiting the "Statistics" page and seeing the counter reset and the last block added to the table below the displayed variables.

You will get your "puny" 0.00045383BTC when this round ends, and something similar at the end of each round.  Unfortunately the last couple of days have been very poor for everyone here, but sometimes the luck is out of control and it kind of makes up for it.

Quote
Feels like all this work but very little return. Is that how this work ?
110GH/s is hardly anything these days, which is why your reward looks like hardly anything.  Things will be better when some good luck comes around.
dbbrummel
Jr. Member
*
Offline Offline

Activity: 49


View Profile
July 28, 2014, 09:59:04 PM
 #17434

sorry Im still new to this ... how do we find out when the round ends? Its been over 18 hours and the reward I had so far (with my 110gh/s) has been puny at 0.00045383 BTC. Feels like all this work but very little return. Is that how this work ?

some rounds we earn more, some less ? What is that dependent on ?

thanks

The amount earned depends on your hash rate relative to the rest of the pool.
People come and go, some are known as 'Pool Hoppers', they will split and go to
another pool when blocks get long. So, earnings per block are very dynamic but
will be approximately the same during each LOD period.

I have seen blocks take over 24 hours. Everybody hates it but it happens. There
are also the 10 minutes blocks that everyone loves. Best thing to do is not watch
it too close. Go to Coindesk.com and do some reading, or anything other than hitting
refresh during a long block, or you can drive yourself nuts.

Omarko
Jr. Member
*
Offline Offline

Activity: 42


View Profile
July 28, 2014, 10:09:43 PM
 #17435

thanks for all the replies. I understand that 110gh/s is tiny and it will only get worse with difficulty going up. I have an S3 coming but with the electricity costs here in OZ its almost pointless I guess. Bit of fun though!!! Its quite fascinating
syrota
Sr. Member
****
Offline Offline

Activity: 298



View Profile
July 28, 2014, 10:35:15 PM
 #17436

А что происходит? Я такой жопы давно не видел! 19 часов без блока! GHash - висит 4 часа без блока. О нас вообще не говорю. Китайцы опять какую-то хуйню замутили и испытывают! ССУКА! ГДЕ НАШИ 10 БЛОКОВ? Китаёзы - пидоры!!!!!!
syrota
Sr. Member
****
Offline Offline

Activity: 298



View Profile
July 28, 2014, 10:50:36 PM
 #17437

Это 100% договорняк! Кто-то отключает пул от сети в определённое время. Иначе я не могу дать объяснение происходящему. Почему мы ловим 9 блоков и пиздец, зависание. Потом опять парочку и зависание. Потом опять 9 и зависание. А сейчас забыли включить пул в сеть? Поэтому мы попали в такую жопу? АУ!!! Проснитесь!!! Хватит издеваться над своими людьми, которые с Вами!!!!!!!!!!!!!!!!!!!
AFlatMinor
Member
**
Offline Offline

Activity: 73


View Profile
July 28, 2014, 11:02:04 PM
 #17438

Это 100% договорняк! Кто-то отключает пул от сети в определённое время. Иначе я не могу дать объяснение происходящему. Почему мы ловим 9 блоков и пиздец, зависание. Потом опять парочку и зависание. Потом опять 9 и зависание. А сейчас забыли включить пул в сеть? Поэтому мы попали в такую жопу? АУ!!! Проснитесь!!! Хватит издеваться над своими людьми, которые с Вами!!!!!!!!!!!!!!!!!!!

Translation

"Fucking Long Round been drinking lots of Vodka to try and calm down"  Grin
syrota
Sr. Member
****
Offline Offline

Activity: 298



View Profile
July 28, 2014, 11:06:58 PM
 #17439

Get in the translation, if you Google translator does not work. But I shall explain, Google can not convey all intonations and eloquence Russian language. Grin

It is 100% agreement! Someone disconnects from the network pool at certain times. Otherwise I can not give an explanation of what is happening. Why do we catch blocks 9 and fucking hang. Then again, a couple and hang. Then again 9 and hang. Now forgot to include the pool to the network? That is why we are in such an ass? AU! Wake up! Enough to scoff at his men, who with you!!!!!!!
nottm28
Hero Member
*****
Offline Offline

Activity: 574



View Profile
July 28, 2014, 11:17:02 PM
 #17440

Get in the translation, if you Google translator does not work. But I shall explain, Google can not convey all intonations and eloquence Russian language. Grin

It is 100% agreement! Someone disconnects from the network pool at certain times. Otherwise I can not give an explanation of what is happening. Why do we catch blocks 9 and fucking hang. Then again, a couple and hang. Then again 9 and hang. Now forgot to include the pool to the network? That is why we are in such an ass? AU! Wake up! Enough to scoff at his men, who with you!!!!!!!

Hmm, I liked AFlatMinor's translation better:

"Fucking Long Round been drinking lots of Vodka to try and calm down"  Grin

donations not accepted
Pages: « 1 ... 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] 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 ... 1105 »
  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!