Bitcoin Forum
September 25, 2016, 03:43:59 AM *
News: Due to DDoS attacks, there may be periodic downtime.
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3151 (80.4%)
Bank transfer / USD - 407 (10.4%)
Gold/silver coins and bars - 359 (9.2%)
Total Voters: 3915

Pages: « 1 ... 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] 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 ... 1103 »
  Print  
Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3852448 times)
Skydaddy
Newbie
*
Offline Offline

Activity: 22


View Profile
August 11, 2014, 10:17:25 AM
 #17741

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.
1474775039
Hero Member
*
Offline Offline

Posts: 1474775039

View Profile Personal Message (Offline)

Ignore
1474775039
Reply with quote  #2

1474775039
Report to moderator
1474775039
Hero Member
*
Offline Offline

Posts: 1474775039

View Profile Personal Message (Offline)

Ignore
1474775039
Reply with quote  #2

1474775039
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1474775039
Hero Member
*
Offline Offline

Posts: 1474775039

View Profile Personal Message (Offline)

Ignore
1474775039
Reply with quote  #2

1474775039
Report to moderator
1474775039
Hero Member
*
Offline Offline

Posts: 1474775039

View Profile Personal Message (Offline)

Ignore
1474775039
Reply with quote  #2

1474775039
Report to moderator
1474775039
Hero Member
*
Offline Offline

Posts: 1474775039

View Profile Personal Message (Offline)

Ignore
1474775039
Reply with quote  #2

1474775039
Report to moderator
Billbags
Sr. Member
****
Offline Offline

Activity: 280

Brainwashed this way


View Profile
August 11, 2014, 04:08:12 PM
 #17742

^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
Donator
Legendary
*
Offline Offline

Activity: 1876


Poor impulse control.


View Profile WWW
August 11, 2014, 04:11:27 PM
 #17743

^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
follow @oocBlog for new post notifications
Billbags
Sr. Member
****
Offline Offline

Activity: 280

Brainwashed this way


View Profile
August 11, 2014, 04:15:47 PM
 #17744

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
Member
**
Offline Offline

Activity: 114


View Profile
August 11, 2014, 08:56:45 PM
 #17745

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
Sr. Member
****
Offline Offline

Activity: 475



View Profile WWW
August 11, 2014, 11:56:24 PM
 #17746

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
Full Member
***
Offline Offline

Activity: 122


View Profile
August 12, 2014, 12:59:07 AM
 #17747

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
Sr. Member
****
Offline Offline

Activity: 475



View Profile WWW
August 12, 2014, 01:24:41 AM
 #17748

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
Sr. Member
****
Offline Offline

Activity: 280

Brainwashed this way


View Profile
August 12, 2014, 01:24:59 AM
 #17749

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
Newbie
*
Offline Offline

Activity: 13


View Profile
August 12, 2014, 11:42:37 AM
 #17750

 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
Sr. Member
****
Offline Offline

Activity: 322

3D Printed!


View Profile
August 12, 2014, 03:55:15 PM
 #17751

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?

    Bitcoin-Scratchticket.com       Win Bitcoin Playing Scratchtickets        Provably Fair   
*Got LootCrate?*
*My Stuff For Sale thread/s*   www.CryptoCause.org   Ask me about SEGMining Hosting!
"Don't undertake a project unless it is manifestly important and nearly impossible" - Edwin Land
Devonian
Newbie
*
Offline Offline

Activity: 13


View Profile
August 12, 2014, 04:32:53 PM
 #17752

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
Full Member
***
Offline Offline

Activity: 122


View Profile
August 12, 2014, 05:52:03 PM
 #17753

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
Hero Member
*****
Offline Offline

Activity: 546



View Profile
August 12, 2014, 05:52:12 PM
 #17754

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
Newbie
*
Offline Offline

Activity: 13


View Profile
August 12, 2014, 06:42:28 PM
 #17755

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
Newbie
*
Offline Offline

Activity: 13


View Profile
August 12, 2014, 07:11:47 PM
 #17756

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
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
August 12, 2014, 07:21:27 PM
 #17757

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.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
dbbrummel
Jr. Member
*
Offline Offline

Activity: 49


View Profile
August 13, 2014, 02:53:59 AM
 #17758

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
Hero Member
*****
Offline Offline

Activity: 504

sucker got hacked and screwed --Toad


View Profile WWW
August 13, 2014, 05:36:55 AM
 #17759

The days when people only had 10 MH/s.

bernard75
Legendary
*
Offline Offline

Activity: 1036



View Profile
August 13, 2014, 12:53:11 PM
 #17760



For everybody, just found a new block.
Pages: « 1 ... 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] 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 ... 1103 »
  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!