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Question: What type of pool payouts do you prefer?
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Author Topic: [2+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4323857 times)
Datelli
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September 13, 2014, 09:51:22 AM
 #18321

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Pool luck (1 day, 7 days, 30 days):   111%, 95%, 107%
And there are still people who complain  Huh
As long as we are over 100% it doesn't matter how much hashpower is added to the pool, because the luck is calculated based on the actual power!
If we are over 100% luck we get more regardless of the pool hashpower.


How about cold figures in stead of complaining? Yesterday I've mined only 0.048 BTC  (due to the increased hashpower)  At this moment (september 13) it's worth only 16,95. (sell on bitonic.nl)
I burn 11,36 Euro's electricity on a daily base, hence... my overwhelming profit was a whopping 5,59 lousy Euro's!


More non complaining figures: when I started mining I got the average of 0.087 BTC daily. At that time a BTC fetched around 635 Euro's, the equivalent of 55,42 Euro's. (still burning 11,36 euro's on electricity/day)

Bases on these non-complaining, but realistic figures I have to conclude that bitcoin "profits" have come down by a factor 10. I predict in a few months from now, mining bitcoins doesn't make any sense anymore for the common man.
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bozo333
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September 13, 2014, 01:28:58 PM
 #18322

 author=Datelli

Bases on these non-complaining, but realistic figures I have to conclude that bitcoin "profits" have come down by a factor 10. I predict in a few months from now, mining bitcoins doesn't make any sense anymore for the common man


The only way to make money in this game is either BTC surges and stays above $650 (or Euro equivalent) or you can buy mining equipment at a good price (I came up with my own formulas for that) and you sell the machines after 2-3 months, while you can get at least half you purchase price back. Of course, this is all 'work' so the real question is if you are not better off simply buying BTC when cheap(er). Keep in mind that many/most ASIC miner manufacturers run their newest machines for 1-2 months themselves before selling them so they are the only ones really ahead of the game.

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September 13, 2014, 01:29:30 PM
 #18323

The last 2 days my income reduced and is still going down. And as finding a block takes as long as usual, I'm off now.
Sad to say, I love this pool, never had any major troubles the last year. But now it's time to move on.

I hope, times will change and slush will find a way to double blockfinding.

So long, and thanks for all the fish!
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September 13, 2014, 01:35:53 PM
 #18324

The last 2 days my income reduced and is still going down. And as finding a block takes as long as usual, I'm off now.
Sad to say, I love this pool, never had any major troubles the last year. But now it's time to move on.

I hope, times will change and slush will find a way to double blockfinding.

So long, and thanks for all the fish!

Here's the reason: 9548835.185 Ghash/s !

When I turned off my machines a couple weeks ago the pool hash rate was around 6.0 mil.

I say thanks for all the memories.

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September 13, 2014, 01:40:08 PM
 #18325

The last 2 days my income reduced and is still going down. And as finding a block takes as long as usual, I'm off now.
Sad to say, I love this pool, never had any major troubles the last year. But now it's time to move on.

I hope, times will change and slush will find a way to double blockfinding.

So long, and thanks for all the fish!

Here's the reason: 9548835.185 Ghash/s !

When I turned off my machines a couple weeks ago the pool hash rate was around 6.0 mil.

I say thanks for all the memories.


Sure, but does a higher hashrate not mean faster blockfinding? Correct me, if I'm wrong.
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September 13, 2014, 02:35:57 PM
 #18326

The last 2 days my income reduced and is still going down. And as finding a block takes as long as usual, I'm off now.
Sad to say, I love this pool, never had any major troubles the last year. But now it's time to move on.

I hope, times will change and slush will find a way to double blockfinding.

So long, and thanks for all the fish!

Here's the reason: 9548835.185 Ghash/s !

When I turned off my machines a couple weeks ago the pool hash rate was around 6.0 mil.

I say thanks for all the memories.


Sure, but does a higher hashrate not mean faster blockfinding? Correct me, if I'm wrong.

You would expect less reward per block, but more blocks, so it should balance out.  But the block rate seems slower than expected.  The funny thing is, every time we have a slow one, we seem to have a quick one straight after, so it's probably going to cancel out?  I think it needs more time to settle down, so I'm going to hang around.


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September 13, 2014, 02:45:31 PM
 #18327


Here's the reason: 9548835.185 Ghash/s !

When I turned off my machines a couple weeks ago the pool hash rate was around 6.0 mil.

I say thanks for all the memories.


Sure, but does a higher hashrate not mean faster blockfinding? Correct me, if I'm wrong.

You would expect less reward per block, but more blocks, so it should balance out.  But the block rate seems slower than expected.  The funny thing is, every time we have a slow one, we seem to have a quick one straight after, so it's probably going to cancel out?  I think it needs more time to settle down, so I'm going to hang around.


You have the higher hash rate, which means that if your contributed rate is the same you get a smaller piece of the pie. But the higher pool hash helps mitigate the effect of increased difficulty. So while Slush may find 6-8 blocks a day now as it did before, you will keep getting less and less payout if your hash rate stays the same.

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September 13, 2014, 02:46:48 PM
 #18328


Here's the reason: 9548835.185 Ghash/s !

When I turned off my machines a couple weeks ago the pool hash rate was around 6.0 mil.

I say thanks for all the memories.


Sure, but does a higher hashrate not mean faster blockfinding? Correct me, if I'm wrong.

You would expect less reward per block, but more blocks, so it should balance out.  But the block rate seems slower than expected.  The funny thing is, every time we have a slow one, we seem to have a quick one straight after, so it's probably going to cancel out?  I think it needs more time to settle down, so I'm going to hang around.


You have the higher hash rate, which means that if your contributed rate is the same you get a smaller piece of the pie. But the higher pool hash helps mitigate the effect of increased difficulty.


that is not true
bozo333
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September 13, 2014, 02:49:17 PM
 #18329

that is not true

well, then explain you reasoning in detail.

There are a lot of misconceptions, personal beliefs and bad math when it comes to mining.

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September 13, 2014, 03:24:31 PM
 #18330

^Hi bozo, you are absolutely right. If you don't add personal hashrate when the pool hashrate goes up your payout goes down. Theoretically we should solve more blocks in relation to the added hashrate.  If you remember you and I talked about hashrate and mining profits a while back, so we can use those numbers as a reference:

FACTS
Old pool hashrate was 6000000 my 5TH had a 0.02  payout per block.

New pool hashrate is   9650000 my 5TH has a 0.012 payout per block.

ASSUMED
Problem is we are still solving around the same amount of blocks, mabey one or two more. This may be bad pool luck right now and we could start solving more blocks soon. Slushs luck number WAS based on 4-5 blocks per day = 100% luck. We are NOW at 99% luck and there has been 6 blocks solved in the last 24 hours so the new 100% luck must be 7-8 blocks in 24 hours.

Note: Once we stable out - our profits should be slightly higher per day/week/month.

Question?
I know on BTCGuild when their pool hashrate goes up or down dramatically their pool operator eleuthria makes adjustments to their shift block count and could adjust the size of the last N share to help their miners out(this can cause a high orphan rate if it's too low). That is a pplns pool with shifts and this is a score based pool. Is there any adjustments Slush can make to help us out with the larger pool hashrate?

PROBLEMS
I'm out of avalible amps to add more miners.
I've had the same strategy since October last year. Keep 0.02 per BLOCK on slush's pool and 0.02 per DAY on BTCGuild. I can no longer accomplish this due to power restrictions. I will have to keep 0.012 per BLOCK now. I guess I can undervolt/underclock what I have now so I can try to reduce amps and add a couple more small miners.


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
cris12821
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September 13, 2014, 03:31:27 PM
 #18331

This sucks.     What pool to while slushs gives us issues. Sad  dang dang.     I just want my first payout, I'm almost there.  Everyone should join back in slushs, maybe get the score back up.   


has anyone heard from the support team about this issue?

Give Respect , Get Respect
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September 13, 2014, 03:33:54 PM
 #18332

You have the higher hash rate, which means that if your contributed rate is the same you get a smaller piece of the pie. But the higher pool hash helps mitigate the effect of increased difficulty.

that is not true

Take a look at the stats page:
2014-09-08 - 3 blocks
2014-09-09 - 3 blocks
2014-09-10 - 5 blocks
2014-09-11 - 5 blocks
on average 4 blocks per day and then the hashrate increase with 33% = expected 6 blocks per day
2014-09-12 - 8 blocks
2014-09-13 (half the day) - 4 blocks = 6 blocks average ... and the day is not over yet

Before 2014-09-12 I got 0.002 per round and now it's down to 0.00135 or 0.008 per day before and 0.0081 per day now ... as you can it's more NOW than BEFORE
Don't trust me - do the math yourself

@Datelli cold figures from the day i have started mining - the difficulty was ~700k and now it is 27428630902, the BTC price was ~0.05$ and now it's ~500$, but the mining is still not dead and makes sense?

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
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September 13, 2014, 04:06:04 PM
 #18333

You have the higher hash rate, which means that if your contributed rate is the same you get a smaller piece of the pie. But the higher pool hash helps mitigate the effect of increased difficulty.

that is not true

Take a look at the stats page:
2014-09-08 - 3 blocks
2014-09-09 - 3 blocks
2014-09-10 - 5 blocks
2014-09-11 - 5 blocks
on average 4 blocks per day and then the hashrate increase with 33% = expected 6 blocks per day
2014-09-12 - 8 blocks
2014-09-13 (half the day) - 4 blocks = 6 blocks average ... and the day is not over yet

Before 2014-09-12 I got 0.002 per round and now it's down to 0.00135 or 0.008 per day before and 0.0081 per day now ... as you can it's more NOW than BEFORE
Don't trust me - do the math yourself

@Datelli cold figures from the day i have started mining - the difficulty was ~700k and now it is 27428630902, the BTC price was ~0.05$ and now it's ~500$, but the mining is still not dead and makes sense?

I pulled out until the total hash comes back to or in the 60's.. the 90/phs+ hurts
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September 13, 2014, 05:01:42 PM
 #18334

Im pulling out as off now, its hurting, and no one cares to explain, just had a look on Slush's facebook page and a lot of digruntled miners there too.   Sad
KNK
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September 13, 2014, 05:14:15 PM
 #18335

Im pulling out as off now, its hurting, and no one cares to explain, just had a look on Slush's facebook page and a lot of digruntled miners there too.   Sad
I'm pulling out reading this crap too
I have posted an explanation that the hashrate increase is giving us more, but you 'post' don't 'read' - that's why 'no one cares to explain'

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
shamacala
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September 13, 2014, 05:26:06 PM
 #18336

Glad your confident over a 3 day higher hash rate average and an extra 1 and a half block per day...lets see how this pans out (meantime, no explanation as to hash rise) other than

"Dear miners, we had a busy night tonight. We were experiencing connectivity issues between our US and Europe datacenters which caused a delay in accounting for your submitted shares. No shares have been lost due to our robust stratum implementation. Once the connectivity has resumed all shares have been accounted for in our Europe data centers. Your Slush pool team."   Huh
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September 13, 2014, 06:35:01 PM
 #18337

Glad your confident over a 3 day higher hash rate average and an extra 1 and a half block per day...lets see how this pans out (meantime, no explanation as to hash rise) other than

"Dear miners, we had a busy night tonight. We were experiencing connectivity issues between our US and Europe datacenters which caused a delay in accounting for your submitted shares. No shares have been lost due to our robust stratum implementation. Once the connectivity has resumed all shares have been accounted for in our Europe data centers. Your Slush pool team."   Huh

Maybe the "slush pool team " can tell us where the hell all that hashing power came from that cut our payout by about 40 %...
Please pretty please
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September 13, 2014, 06:57:30 PM
 #18338

CEX has 50 blocks so far today  WTF      Huh
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September 13, 2014, 07:09:14 PM
 #18339

CEX has 50 blocks so far today  WTF      Huh
9% diff change incoming in next hour hope the rain comes in the next 2 weeks Kiss

BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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September 13, 2014, 07:17:58 PM
 #18340

CEX has 50 blocks so far today  WTF      Huh
9% diff change incoming in next hour hope the rain comes in the next 2 weeks Kiss
lol was just looking at coinbase had it open in another browser tab and when i hit buy sell updated showing a 370.00 btc price i tried to buy 1k and it asked me to log in btc price on login was back to 480.00 ticker shows a low of 479.00 so coinbase played a mean joke on me  Cry thought i was gonna get 3 btc for 1k lol

BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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