Bitcoin Forum
January 20, 2018, 04:46:52 PM *
News: Electrum users must upgrade to 3.0.5 if they haven't already. More info.
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3210 (80.4%)
Bank transfer / USD - 410 (10.3%)
Gold/silver coins and bars - 371 (9.3%)
Total Voters: 3989

Pages: « 1 ... 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] 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 ... 1132 »
  Print  
Author Topic: [150+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 4322187 times)
Moria843
Sr. Member
****
Online Online

Activity: 436


Found Lost beach - quiet now


View Profile
July 31, 2014, 05:15:40 PM
 #17561

I use GHash.IO sometimes too but it makes me feel guilty. Not sure why, but feels like I'm helping to feed a monster.

Hot time, summer in the city, back of my mine getting hot & gritty!!!
1516466812
Hero Member
*
Offline Offline

Posts: 1516466812

View Profile Personal Message (Offline)

Ignore
1516466812
Reply with quote  #2

1516466812
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Billbags
Sr. Member
****
Offline Offline

Activity: 280

Brainwashed this way


View Profile
July 31, 2014, 05:45:02 PM
 #17562

About the best you can do is to spread your hashing power with 2,3 or 4 pools to reduce your risks associated with variance.

If you like Slush's pool or any other one that is great, but to just mine one pool is not the smartest thing to do. This is especially true when it comes to smaller pools!

If you are to small to diversify, then you need to go with a large pool.

Small pools when they get to small have no choice but to somehow increase their has rate or shut down.

I remember give-me-coins.com shut down the "BitCoin" mining pool they were running as it was just to small.

I use to mine litecoin and feathercoin with them. A very nice smaller pool.

The problem is they start a pool, and most stop development. They don't really want to put any more money or time into development.

Some people don't like GHash.io because they are so large, but I feel the reason they are so large is because they have a great platform. I am confident that they have put in extreme amounts of cash and labor and it shows.

Hard work pays off.

I know Slush could have just as good a platform if he tried, but I have not seen anything change here really. (In a very, very long
time.)

How much more do you think a pool could make if they went from 5 to 35 petahash and stayed at 2% fees. I bet they make a lot more :-)





Great job on the varience/luck info, but understand Ghash.io is so big because they own most of the hardware mining there. That's why people don't like them. It doesn't have anything to do with platforms. Slush for the most part created pooled mining and the stratum proxy we have to use for asics and is now putting out the wallet that will launch bitcoin to a whole new level. Anyway, all this is actually a complement to you for your post, I just got a little side tracked.

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
CraftyMiner
Jr. Member
*
Offline Offline

Activity: 32


View Profile
July 31, 2014, 09:21:42 PM
 #17563

A quick question to Slush's.  I am thinking of giving up mining against your pool.  Nothing personal, just with only 2Ghz, it's never really going to be worth the hassle.  I have 0.00308557 BTC reward in my account.  Any way I can get it out?  I would like to have something to show for my time and effort.

Thanks.

Shaun

What if you change your payment threshold to 0.00308557

Would that work? Or is there a minimum threshold?

Also - if you are in NZ I could sell you a 180GH Antminer S1 for cheap Smiley then you could mine up a little faster.
Billbags
Sr. Member
****
Offline Offline

Activity: 280

Brainwashed this way


View Profile
July 31, 2014, 09:45:01 PM
 #17564

A quick question to Slush's.  I am thinking of giving up mining against your pool.  Nothing personal, just with only 2Ghz, it's never really going to be worth the hassle.  I have 0.00308557 BTC reward in my account.  Any way I can get it out?  I would like to have something to show for my time and effort.

Thanks.

Shaun

What if you change your payment threshold to 0.00308557

Would that work? Or is there a minimum threshold?

Also - if you are in NZ I could sell you a 180GH Antminer S1 for cheap Smiley then you could mine up a little faster.
[

/quote

http://support.bitcoin.cz/Knowledgebase/Article/View/11/0/is-here-any-instant-payout-button


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
thirdprize
Sr. Member
****
Offline Offline

Activity: 244


View Profile WWW
July 31, 2014, 09:53:59 PM
 #17565

A quick question to Slush's.  I am thinking of giving up mining against your pool.  Nothing personal, just with only 2Ghz, it's never really going to be worth the hassle.  I have 0.00308557 BTC reward in my account.  Any way I can get it out?  I would like to have something to show for my time and effort.

Thanks.

Shaun

What if you change your payment threshold to 0.00308557

Would that work? Or is there a minimum threshold?

Also - if you are in NZ I could sell you a 180GH Antminer S1 for cheap Smiley then you could mine up a little faster.
[


http://support.bitcoin.cz/Knowledgebase/Article/View/11/0/is-here-any-instant-payout-button



Then I guess Slush gets to keep anything that get mined and abandoned.  Probably a nice little earner.

My own personal Altcoin Aggregated RSS News Feed     |||||     Blockchain Explorer for iOS     |||||     Need any Alt Coin devleopment?  Get in touch. ||||  I recommend HitTC Exchange for all your trading needs.
xstr8guy
Hero Member
*****
Offline Offline

Activity: 784


Glow Stick Dance!


View Profile
July 31, 2014, 11:09:07 PM
 #17566

A quick question to Slush's.  I am thinking of giving up mining against your pool.  Nothing personal, just with only 2Ghz, it's never really going to be worth the hassle.  I have 0.00308557 BTC reward in my account.  Any way I can get it out?  I would like to have something to show for my time and effort.

Thanks.

Shaun

What if you change your payment threshold to 0.00308557

Would that work? Or is there a minimum threshold?

Also - if you are in NZ I could sell you a 180GH Antminer S1 for cheap Smiley then you could mine up a little faster.
[


http://support.bitcoin.cz/Knowledgebase/Article/View/11/0/is-here-any-instant-payout-button



Then I guess Slush gets to keep anything that get mined and abandoned.  Probably a nice little earner.

Yeah, your $1.69 is going to make Slush rich!   Grin
sjc1490
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 31, 2014, 11:59:54 PM
 #17567

A quick question to Slush's.  I am thinking of giving up mining against your pool.  Nothing personal, just with only 2Ghz, it's never really going to be worth the hassle.  I have 0.00308557 BTC reward in my account.  Any way I can get it out?  I would like to have something to show for my time and effort.

Thanks.

Shaun

What if you change your payment threshold to 0.00308557

Would that work? Or is there a minimum threshold?

Also - if you are in NZ I could sell you a 180GH Antminer S1 for cheap Smiley then you could mine up a little faster.
[


http://support.bitcoin.cz/Knowledgebase/Article/View/11/0/is-here-any-instant-payout-button



Then I guess Slush gets to keep anything that get mined and abandoned.  Probably a nice little earner.

You realize .01 the minimum is only around $5 USD?

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
Dehnus
Newbie
*
Offline Offline

Activity: 4


View Profile
August 01, 2014, 12:54:51 AM
 #17568

A quick question to Slush's.  I am thinking of giving up mining against your pool.  Nothing personal, just with only 2Ghz, it's never really going to be worth the hassle.  I have 0.00308557 BTC reward in my account.  Any way I can get it out?  I would like to have something to show for my time and effort.

Thanks.

Shaun

What if you change your payment threshold to 0.00308557

Would that work? Or is there a minimum threshold?

Also - if you are in NZ I could sell you a 180GH Antminer S1 for cheap Smiley then you could mine up a little faster.
[


http://support.bitcoin.cz/Knowledgebase/Article/View/11/0/is-here-any-instant-payout-button



Then I guess Slush gets to keep anything that get mined and abandoned.  Probably a nice little earner.

Yeah, your $1.69 is going to make Slush rich!   Grin

I guess he reaaaally knows the value of a dollar Wink.
Skydaddy
Newbie
*
Offline Offline

Activity: 22


View Profile
August 01, 2014, 12:11:07 PM
 #17569

A quick question to Slush's.  I am thinking of giving up mining against your pool.  Nothing personal, just with only 2Ghz, it's never really going to be worth the hassle.  I have 0.00308557 BTC reward in my account.  Any way I can get it out?  I would like to have something to show for my time and effort.

Thanks.

Shaun

What if you change your payment threshold to 0.00308557

Would that work? Or is there a minimum threshold?

Also - if you are in NZ I could sell you a 180GH Antminer S1 for cheap Smiley then you could mine up a little faster.
[


http://support.bitcoin.cz/Knowledgebase/Article/View/11/0/is-here-any-instant-payout-button



Then I guess Slush gets to keep anything that get mined and abandoned.  Probably a nice little earner.

You realize .01 the minimum is only around $5. USD?

Hope you would further realize the difficulty in getting that 0.01 BTC (approx $5.93 USD today) converted to "cash" when the typical minimum Conversion amount is 0.1 BTC (approx $59.30 USD). Your $1.83 isn't gonna make Slush break a sweat. He already get 2% of every block resolved (roughly $300 USD) so he smiles everyday on average 6 times per day, and breaks out into serious laughter when the "luck" is running high. But then of course he does have operating expenses that I wouldn't even want to ponder............... so, eh!
RogMiner
Jr. Member
*
Offline Offline

Activity: 33


View Profile
August 01, 2014, 03:41:52 PM
 #17570

I see the luck is back in our favour, without any action from anyone. Luck is luck, variance is another matter but playing the varience of pools is as risky as playing the stockmarket.
Moria843
Sr. Member
****
Online Online

Activity: 436


Found Lost beach - quiet now


View Profile
August 01, 2014, 05:47:18 PM
 #17571

I see the luck is back in our favour, without any action from anyone. Luck is luck, variance is another matter but playing the varience of pools is as risky as playing the stockmarket.
I helped by moving 4 of my miners away. That always seems to help.  Wink
I could move some more away to spit out a few 10 block days.

Hot time, summer in the city, back of my mine getting hot & gritty!!!
Dehnus
Newbie
*
Offline Offline

Activity: 4


View Profile
August 01, 2014, 11:15:24 PM
 #17572

I see the luck is back in our favour, without any action from anyone. Luck is luck, variance is another matter but playing the varience of pools is as risky as playing the stockmarket.
Indeed this cannot be! How are we to have forum parties together about bad luck and drinking booze to forget our bad luck!? Smiley.

yan7181
Full Member
***
Offline Offline

Activity: 173


View Profile
August 02, 2014, 02:04:32 AM
 #17573

luck is luck, serious, many complaints on the bad luck
but 3 short duration in a row.
hurray~~~
bigbitmine
Full Member
***
Offline Offline

Activity: 210


Big Bit Mine


View Profile
August 02, 2014, 02:14:44 AM
 #17574

After the recent glitch in the Slush matrix I decided to move the test miners over to Eligius.  Hardly any change to a regular day on Slush. They're moved back now.  End result was there's not much point going elsewhere. Payout was set to 0.04 minimum and was paid quickly.  Left them with 0.029 in the kitty.

Just stay calm and ride out the rough!

yan7181
Full Member
***
Offline Offline

Activity: 173


View Profile
August 02, 2014, 06:05:07 AM
 #17575

hi bigbitmine,
what is the payout for eligius? i moved to eligius when slush hit the 1 day duration but the payout was very small
BCwinning
Hero Member
*****
Offline Offline

Activity: 728


View Profile
August 02, 2014, 01:44:29 PM
 #17576

  End result was there's not much point going elsewhere. Payout was set to 0.04 minimum and was paid quickly.  Left them with 0.029 in the kitty.

Just stay calm and ride out the rough!
sure there is, move to ghash and get paid your nmc like you should be. Slush is probably mining them and keeping them for himself as well as charging the pool fee.
So go to ghash get your nmc, ixc, dvc as an added bonus.
If you are in it for the money, I don't see why you wouldn't.

https://www.rixty.com?ref=1337507 sign up for rixty
privacy, it does the body good.
Official Bitcoin Foundation Secretariat
The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2044


Poor impulse control.


View Profile WWW
August 02, 2014, 02:08:06 PM
 #17577

Slush is probably mining them and keeping them for himself as well as charging the pool fee.

Proof? Sounds like bullshit and slander to me.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
BCwinning
Hero Member
*****
Offline Offline

Activity: 728


View Profile
August 02, 2014, 03:04:26 PM
 #17578

Slush is probably mining them and keeping them for himself as well as charging the pool fee.

Proof? Sounds like bullshit and slander to me.
idgaf

https://www.rixty.com?ref=1337507 sign up for rixty
privacy, it does the body good.
Official Bitcoin Foundation Secretariat
The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
bigbitmine
Full Member
***
Offline Offline

Activity: 210


Big Bit Mine


View Profile
August 02, 2014, 04:17:00 PM
 #17579

hi bigbitmine,
what is the payout for eligius? i moved to eligius when slush hit the 1 day duration but the payout was very small

I ran 2 Antminer S3 and an Antminer S1.  Total hash was approx 1050 GH/s.  Earnings were approx 0.025 per day.  Earnings per block was approx 0.0028.  On Slush the they get about 0.0050 per block.  Slush can "normally" churn out about 5 blocks per day on average so it was similar.  Eligius paid out at 0.044.  They add the request to the payment queue and I got the reward after approx 5-6 hours.

Omarko
Member
**
Offline Offline

Activity: 68


View Profile
August 02, 2014, 09:56:07 PM
 #17580

hi all, so after week of mining, I am still confused and I am hoping that someone can explain few more things.

So am I reading this right that blocks play critical role in rewards. E.g. if a pool has not found a block for 5 days, then we are all only getting tiny payout? e.g. at 550gh/s I am getting approx 0.0025 for each block found and in last few days we had a good run so there were quite a few. So thats cool. However, if the pool has not found a block for a week lets say, does that mean that all I am getting is the same 0.0025 ? If that is the case, I understand now why ppl are jumping pools but how does the equatino work out over long term if I stay with the pool, does it balance out ? Also, how many blocks on average does Slush's pool find ? Where can I find that statistic?

also regarding the long periods to find a block, if the above is true, then its bit crazy as for example, if I am running a 1THs setup which would chew up approx 900W of power that would equate to $5.40 electricity cost per day but if all I get is 0.0025btc, thats only equal to $1.50 .... so thats why this all confuses me. If someone could explain, that would be great. thanks
Pages: « 1 ... 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] 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 ... 1132 »
  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!