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Question: What type of pool payouts do you prefer?
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Total Voters: 4000

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Author Topic: [2+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4323881 times)
RogMiner
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August 11, 2014, 08:34:01 AM
 #17721

Your output seems to be similar to mine, At the top the Diff is set to 19.7G this is the current difficulty, then each item in the list shows a different Diff such as 15/10 (I have no idea what this means), the difficulty changed to 1024 is I think a message showing that for some reason the difficulty of the work sent to you has been reset, this does not happen very often for me but it may be a sign that your internet connection is not responding quickly enough so the pool is sending you easier work so you can catch up (but this is just a guess).

Hopefully someone with more experience will confirm the reason for this.
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seamusgalla
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August 11, 2014, 10:04:28 AM
 #17722

http://i.imgur.com/w6Dv22h.png

I mine at a very slow rate. I have the privilege of free electricity and bought some mining hardware months ago. This privilege is running out and I wanted to get my last payout and leave the mining world. I got a mining contract of 3.3TH for 3hrs so that I could reach the threshold for a payout and then I was going to pack my bags and go. The block solved in this time was invalid which is just shit luck, but what I can't understand is why my BTC reward was so low while I had a (relative to my usual) massive share count.

Is there anyone who could clear up the reason for this?

Best,
Seamus
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August 11, 2014, 10:17:25 AM
 #17723

http://i.imgur.com/w6Dv22h.png

I mine at a very slow rate. I have the privilege of free electricity and bought some mining hardware months ago. This privilege is running out and I wanted to get my last payout and leave the mining world. I got a mining contract of 3.3TH for 3hrs so that I could reach the threshold for a payout and then I was going to pack my bags and go. The block solved in this time was invalid which is just shit luck, but what I can't understand is why my BTC reward was so low while I had a (relative to my usual) massive share count.

Is there anyone who could clear up the reason for this?

Best,
Seamus

My first guess would be that your mining contract expired at some point before that block was resolved and that at that point you went back to your regular mining pace. when the reward was computed on the massive loss of your mining power that those shares were not considered, and that the reward that you would have recieved (if the block had not gone invalid) was based on your lesser hashing rate that would have been brought back online when your contract expired. But this is only my opinion, and there are many more experienced miners on this thread that will surely chime in to correct me if necessary.
Billbags
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August 11, 2014, 04:08:12 PM
 #17724

^That sounds about right. This is a Score based pool that has vardiff. This is also another great example of why pool hopping doesn't work. When u come and go, you don't get fully invested for a full payout, if any at all. I feel for your loss on that contract.

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
organofcorti
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August 11, 2014, 04:11:27 PM
 #17725

^That sounds about right. This is a PPLNS pool that has vardiff. This is also a great example of why pool hopping doesn't work. When u come and go, you don't get fully invested for a full payout, if any at all.

Finally! When did Slush's pool change to PPLNS?

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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Billbags
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August 11, 2014, 04:15:47 PM
 #17726

My bad, Score based. Been on Guild threads all morning.

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
jterry211
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August 11, 2014, 08:56:45 PM
 #17727

Been mining for almost a year and using a desktop wallet. Finally getting some new equipment and more bitcoins (hopefully).  Wondering what yall think about online wallets like Xapo or Coinbase etc?

Thanks,
JT
kkurtmann
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August 11, 2014, 11:56:24 PM
 #17728

Been mining for almost a year and using a desktop wallet. Finally getting some new equipment and more bitcoins (hopefully).  Wondering what yall think about online wallets like Xapo or Coinbase etc?

Thanks,
JT

 if you don't like to own your own coins this should be fine

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
bozo333
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August 12, 2014, 12:59:07 AM
 #17729

Upcoming difficulty increase to suck big time.

we were lucky with the last puny increaseS, prepare for a big cut in revenue  Cry

must be those pesky SP30's coming online....


                        25,000,000,000 PREDICTED
Aug 08 2014   19,729,645,941   5.30%   141,230,307 GH/s
Jul 25 2014   18,736,441,558   8.08%   134,120,673 GH/s
Jul 12 2014   17,336,316,979   3.08%   124,098,191 GH/s

kkurtmann
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August 12, 2014, 01:24:41 AM
 #17730

Upcoming difficulty increase to suck big time.

we were lucky with the last puny increaseS, prepare for a big cut in revenue  Cry

must be those pesky SP30's coming online....


                        25,000,000,000 PREDICTED
Aug 08 2014   19,729,645,941   5.30%   141,230,307 GH/s
Jul 25 2014   18,736,441,558   8.08%   134,120,673 GH/s
Jul 12 2014   17,336,316,979   3.08%   124,098,191 GH/s
 

plus the never-ending supply of S3's

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Billbags
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August 12, 2014, 01:24:59 AM
 #17731

One thing is that when the new asics come out, a lot of the old ones get unplugged. I have a room full of unplugged cubes, Klondikes, little singles and s1's. I unplugged as I got the new generation miners. Some of the old ghs does disappear, so that helps a little. But it will eventually get to the point where my mining will not make a profit.

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
Devonian
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August 12, 2014, 11:42:37 AM
 #17732

 Smiley anyone notice that there is a 10% discrepancy between the number of shares their miner gets accepted and the % of BTC allocated?

In particular block 315196 : I mined 0.0030% (big woooo!) of the total shares for that block but only got 0.0027% of the BTC for it!  And I've checked that I was mining for full amount of time so I don't think the back ended loading can account for it!!!

. . . . and another thing - if all us pool miners set our payout trigger to the minimum will that increase the number of Bitcoin transactions, and therefore increase the number of blocks being processed and therefore ultimately increase the reward we get for mining!!!!!!!
mstrongbow
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August 12, 2014, 03:55:15 PM
 #17733

Smiley anyone notice that there is a 10% discrepancy between the number of shares their miner gets accepted and the % of BTC allocated?

In particular block 315196 : I mined 0.0030% (big woooo!) of the total shares for that block but only got 0.0027% of the BTC for it!  And I've checked that I was mining for full amount of time so I don't think the back ended loading can account for it!!!

. . . . and another thing - if all us pool miners set our payout trigger to the minimum will that increase the number of Bitcoin transactions, and therefore increase the number of blocks being processed and therefore ultimately increase the reward we get for mining!!!!!!!

could that be the 2% pool fee you see missing?

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Devonian
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August 12, 2014, 04:32:53 PM
 #17734

Smiley anyone notice that there is a 10% discrepancy between the number of shares their miner gets accepted and the % of BTC allocated?

In particular block 315196 : I mined 0.0030% (big woooo!) of the total shares for that block but only got 0.0027% of the BTC for it!  And I've checked that I was mining for full amount of time so I don't think the back ended loading can account for it!!!

. . . . and another thing - if all us pool miners set our payout trigger to the minimum will that increase the number of Bitcoin transactions, and therefore increase the number of blocks being processed and therefore ultimately increase the reward we get for mining!!!!!!!

could that be the 2% pool fee you see missing?

block 315196 difference was more like 10%!!!!

When does Slush take his share?  I thought it was when payment is made into my wallet.
bozo333
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August 12, 2014, 05:52:03 PM
 #17735

At/under $550 is really no good since many won't be making money then...

And if that breaks then there is no technical support until way down at $440.... sux big time if that happens.

That being said nobody knows the future... Huh

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August 12, 2014, 05:52:12 PM
 #17736

Been mining here since March and today I finally found a block for the first time, not that it means anything but at least I don't feel skunked now. Smiley

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
Devonian
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August 12, 2014, 06:42:28 PM
 #17737

Been mining here since March and today I finally found a block for the first time, not that it means anything but at least I don't feel skunked now. Smiley
Excellent.  Well done.  I wish my miner could find one - it would certainly cheer me up!
Devonian
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August 12, 2014, 07:11:47 PM
 #17738

Anyhooooo - if all us pool miners set our payout trigger to the minimum will that increase the number of Bitcoin transactions, and therefore increase the number of blocks being processed and therefore ultimately increase the reward we get for mining!!!!!!!
eleuthria
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August 12, 2014, 07:21:27 PM
 #17739

Anyhooooo - if all us pool miners set our payout trigger to the minimum will that increase the number of Bitcoin transactions, and therefore increase the number of blocks being processed and therefore ultimately increase the reward we get for mining!!!!!!!

No...it doesn't work like that.  The number of blocks being produced is completely independent of the number of transactions on the network.

RIP BTC Guild, April 2011 - June 2015
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August 13, 2014, 02:53:59 AM
 #17740

Well, at least about 30 PH has left the mining pools since last I checked, from 190 down to 160 +/-.
So block time is back up from 7.5 to 8.7 minutes. That may help make the next LOD easier to survive.

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