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Question: What type of pool payouts do you prefer?
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Author Topic: [2.5+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4326022 times)
Billbags
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August 11, 2014, 04:15:47 PM
 #17721

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
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jterry211
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August 11, 2014, 08:56:45 PM
 #17722

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
 #17723

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
 #17724

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
 #17725

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
 #17726

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
 #17727

 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
 #17728

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
 #17729

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
 #17730

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

sjc1490
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August 12, 2014, 05:52:12 PM
 #17731

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
 #17732

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
 #17733

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
 #17734

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
dbbrummel
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August 13, 2014, 02:53:59 AM
 #17735

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.

Vortex20000
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August 13, 2014, 05:36:55 AM
 #17736

The days when people only had 10 MH/s.

bernard75
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August 13, 2014, 12:53:11 PM
 #17737



For everybody, just found a new block.
bernard75
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August 13, 2014, 12:54:07 PM
 #17738

Sorry for the size, just so exited atm.
cenicsoft
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August 13, 2014, 05:24:36 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!!!!!!!

It wouldn't increase the number of blocks being processed, but more transactions per block could increase the fees per block, ultimately increasing your share of each block by a small amount.  Fees per block are minimal right now that it wouldn't make a huge difference.

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bobsav2121
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August 13, 2014, 05:40:52 PM
 #17740

Here we go again another negative day  Huh
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