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Question: What type of pool payouts do you prefer?
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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3934165 times)
Billbags
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August 12, 2014, 01:24:59 AM
 #17741

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
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Devonian
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August 12, 2014, 11:42:37 AM
 #17742

 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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3D Printed!


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August 12, 2014, 03:55:15 PM
 #17743

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
 #17744

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
 #17745

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
 #17746

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
 #17747

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
 #17748

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
 #17749

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.
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dbbrummel
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August 13, 2014, 02:53:59 AM
 #17750

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
 #17751

The days when people only had 10 MH/s.

bernard75
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August 13, 2014, 12:53:11 PM
 #17752



For everybody, just found a new block.
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August 13, 2014, 12:54:07 PM
 #17753

Sorry for the size, just so exited atm.
cenicsoft
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August 13, 2014, 05:24:36 PM
 #17754

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
 #17755

Here we go again another negative day  Huh
kkurtmann
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August 13, 2014, 05:43:16 PM
 #17756

At least the price is dropping. :/

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Coinnilingus
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I will punch my wife in the face for every tip !


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August 13, 2014, 05:51:26 PM
 #17757

Slush's Block Official Wager Line....

over and under is 16.5 hours for this block...any takers ?  

first person with up to .01 btc (that's my max)

18CS9Bih6bLHsias8PnRjq8RSCb2JC7Kmg btc
zhinkk
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August 13, 2014, 05:55:26 PM
 #17758

Should probably update the OP Smiley

Quote
Bitcoins are ordinarily only ever created in chunks of 50 at a time, with the whole 50 paid to a single person. Furthermore, the race to get the 50 BTC prize in a given block is highly competitive.
bobsav2121
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August 13, 2014, 05:59:49 PM
 #17759

Slush's Block Official Wager Line....

over and under is 16.5 hours for this block...any takers ?  

first person with up to .01 btc (that's my max)

I'm in for 1 Satoshi on the over  Kiss
Coinnilingus
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August 13, 2014, 06:05:59 PM
 #17760

Slush's Block Official Wager Line....

over and under is 16.5 hours for this block...any takers ?  

first person with up to .01 btc (that's my max)

I'm in for 1 Satoshi on the over  Kiss

done deal bro !   1 satoshi =)   PM your addy so i can pony up...it's going to cost me more $ in fees..LoL

18CS9Bih6bLHsias8PnRjq8RSCb2JC7Kmg btc
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