[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool

[Billbags]

^ Blocks in shorter chains (or invalid chains) are not used for anything. When the bitcoin client switches to another, longer chain, all valid transactions of the blocks inside the shorter chain are re-added to the pool of queued transactions and will be included in another block. The reward for the blocks on the shorter chain will not be present in the longest chain, so they will be practically lost, which is why a network-enforced 100-block maturation time for generations exists. These blocks on the shorter chains are often called "orphan" blocks. This is because the generation transactions do not have a parent block in the longest chain, so these generation transactions show up as orphans in the list-transactions RPC call.

EDIT: Some other pool finished and reported that block solved before we did. We were working on the same block as other pools, but on separate chains. The chain we were on ended up being the shorter chain thus we lose the block.

The miner/pool with the larger header that reports the block solved first(along with other requirements*) is then rewarded the block.

*So a block includes, among other factors, these 4 things:

1. A set of transactions
2. A timestamp
3. The 256-bit hash of the preceeding block
4. A nonce sufficient to make the hash of the block not exceed the current target

Note: Yes, we are all in the same boat and it seems to be taking on water right now.

[eoakland]

did slush just find a block ?  i saw a CNN Breaking News announcement

[moss]

EDIT: Some other pool finished and reported that block solved before we did. We were working on the same block as other pools, but on separate chains. The chain we were on ended up being the on shorter chain thus we lose the block.
Note: Yes, we are all in the same boat and it seems to be taking on water right now.

This happened to us with another long block fairly recently. So presumably the big pools with all the firepower could always beat us to the punch with these longer blocks?
The last difficulty rise, although not that big, seems to have shoved us over the edge here.

[cris12821]

EDIT: Some other pool finished and reported that block solved before we did. We were working on the same block as other pools, but on separate chains. The chain we were on ended up being the on shorter chain thus we lose the block.
Note: Yes, we are all in the same boat and it seems to be taking on water right now.

This happened to us with another long block fairly recently. So presumably the big pools with all the firepower could always beat us to the punch with these longer blocks?
The last difficulty rise, although not that big, seems to have shoved us over the edge here.

Yea that's about it.  But if I know slushs pool god enough.  We will blow up again soon.... In time.  The more hashing power we get... The better..... Sometimes



WOHOOOOO. 2 BLOCKS 1 BLOCK TOOK 18MINS THe OTHER 10HRS.   Woooooooo
     Were making a come back lol

[Billbags]

^ Ya, it always works out with Slush's Pool. This is a zero-sum game of chance but in the end I've always came out better over time here.

[cris12821]

^ Ya, it always works out with Slush's Pool. This is a zero-sum game of chance but in the end I've always came out better over time here.

Yea.     It's weird.   Other pool might be faster or solve faster or w.e.    but idk.  Slushs pool has a lot more if something that other pools will never have,    that to me.   Is that slushs pool has the largest comeback game.

I plan to stay here.    I don't even want to point one if my miners at another pool to try it or mine.



To me Slushs pool feels like family and you don't give up on family, so I won't give up on slushs pool.   

I'll hash away for as long as possible until the diff is so high it makes it next to impossible to makke back your profit.

[cris12821]

Woooohooooooo so far were back in the game.   Woooooottttttt   hopefully there not invalid though.

GO SLUSH GO.   let's show these other pools what its like to be a family............ Not really but I'm proud

[Lipcrusher]

I've checked out a few of the Hashing Centers in Washington.  0.03/kwh... Awesome price until they tell you ambient cooling and 2 year contract up front....  I think it's hard to predict the future of BTC.  Like most have stated: It's been a lot of fun.  When I broke 100Th/s I was pretty happy.  Figuring out how much I had to reinvest to maintain payouts... What a bitch.

Don't lose too much in this hobby/passion.  When you get to the point that your hardware is paid for, try and use self control ;-)

At the end of each month I have more in the trading account than I have to pay out ( My hosting company takes bitcoin of course ).  When I get too far into the math it can be discouraging or disappointing.  I'm sure lot of people enjoyed extra pocket money.  Even a few lucky people did it for a living.  I think everyone who tried it had fun.


Lip

Did you spent over $100K for 100THS?

I'm in I.T.   I was putting miners in racks that were under utilized.  We had roughly 80 racks that I would spread miners out in.   After the hardware was paid for I'd get more miners with coins.  When I got up to my first 10THs I got my own racks and switched to 208/30 legs instead of 120v.  I'm pretty sure I'm well over 100k in hardware, but it was mostly self funded by mining.  It's been the replacement of old miners and then adding of hash to sustain payouts that has been the challenge.  If power was free this would be super easy.

I was fortunate enough to get involved with Telarus that found DCs for Cointerra.  I was able to piggy back buys.  I have miners from most of the big manufacturers.  I really liked Dragon Miners for a bit.  They just sucked in racks.  Cointerra and S1-S3 do well in in racks.   I wish I had spent more of my own money up front.  I'd be way further ahead.  I'm risk adverse and was doing it thinking I'd just maximize all my racks I was paying for to just host servers. It's just grown from there. ( I was only paying for miners, the power was part of the contract even if not used).

All hardware is paid for. I just need to decide if I'm buying more hash.  I got my shipping notification for 185 S3+ today from Bitmaintech (107 coins).  I'm really interested to see how those go.   It was all bought with coins after expenses.  I should get cheaper power after this next roll out. I'll save almost .025 kwh by volume, which will add a lot to my bottom line.  I'm not looking forwarded to dealing with external PSUs again. But the math seemed real good for the next 6 months.

So interested in Solar, but what an investment.  It would rock if miners lead the way on renewable energy and got us off Middle East oil, all for the Hash!

I also wish I'd participated on the forums instead of just trolling :-)

Lip

[WBF1]

Jeez.  If ur paying anything over like 10-12cent kW/h.  U mine as well shutdown ur miners.   No profit to be made there. Or move them to where it free.   But that's just me.

I'm still profitable at current BTC/USD exchange rate. Not shutting them down.

[kkurtmann]

Jeez.  If ur paying anything over like 10-12cent kW/h.  U mine as well shutdown ur miners.   No profit to be made there. Or move them to where it free.   But that's just me.

I'm still profitable at current BTC/USD exchange rate. Not shutting them down.

would you still be profitable if tomorrow the BTC/USD rate dropped to $100 ? like it was only a year ago.

[wasikidding]

LOL well sorry i almost found my first ever block Best share finally broke the billions barrier 17,527,829,543 only 12 billion short of another block BTC

[WBF1]

Jeez.  If ur paying anything over like 10-12cent kW/h.  U mine as well shutdown ur miners.   No profit to be made there. Or move them to where it free.   But that's just me.

I'm still profitable at current BTC/USD exchange rate. Not shutting them down.

would you still be profitable if tomorrow the BTC/USD rate dropped to $100 ? like it was only a year ago.

$100? no of course not. Would anyone? I guess those getting "free electricity" would be OK though...

[cris12821]

Jeez.  If ur paying anything over like 10-12cent kW/h.  U mine as well shutdown ur miners.   No profit to be made there. Or move them to where it free.   But that's just me.

I'm still profitable at current BTC/USD exchange rate. Not shutting them down.

would you still be profitable if tomorrow the BTC/USD rate dropped to $100 ? like it was only a year ago.

$100? no of course not. Would anyone? I guess those getting "free electricity" would be OK though...

Dang thtd suck.     *stock market people* that's what its like.

I got 10th/s online for a day to boost some speed.     Let's hope luck is on our side. 

Good luck everyone, let's pray the price if btc rockets again soon time.   Though it might just get a lot worse before it decided to get any better.

[Chris_Sabian]

I've been with Slush since I started mining in March 2013 and will continue to stay with them until I finally decide to stop mining.

I've tried other pools but liked Slush the best

[mstrongbow]

I've been on the road and checking my acct. over the past few days...not looking so great. How are things @the guild or eligius compared to here? Are they struggling as much as we seem to be??

[Chris_Sabian]

I've been on the road and checking my acct. over the past few days...not looking so great. How are things @the guild or eligius compared to here? Are they struggling as much as we seem to be??

How is Slush struggling?

Pool luck (1 day, 7 days, 30 days):   110%, 101%, 107%

[TradersWay.JC]

Did we ever find out who came over to Slush's pool and hit us with 3 Petahashes/sec? I was kind of hoping they would stay so we would get more blocks per day but less money per block. I hate blocks that take 12+ hours. Especially the one a few weeks back that took over a day. At least that one wasn't invalid...

[nocroom]

Did we ever find out who came over to Slush's pool and hit us with 3 Petahashes/sec? I was kind of hoping they would stay so we would get more blocks per day but less money per block. I hate blocks that take 12+ hours. Especially the one a few weeks back that took over a day. At least that one wasn't invalid...

they should be blocked 8hrs or less

[TradersWay.JC]

I've been on the road and checking my acct. over the past few days...not looking so great. How are things @the guild or eligius compared to here? Are they struggling as much as we seem to be??

How is Slush struggling?

Pool luck (1 day, 7 days, 30 days):   110%, 101%, 107%

Last month there was a lot of time when we were a bit below 100%.... People seem to forget that we were consistently over 100% for a very long time so on average we are still above average!

Did we ever find out who came over to Slush's pool and hit us with 3 Petahashes/sec? I was kind of hoping they would stay so we would get more blocks per day but less money per block. I hate blocks that take 12+ hours. Especially the one a few weeks back that took over a day. At least that one wasn't invalid...

they should be blocked 8hrs or less

I agree. Blocks below 8 hours I can deal with. Anything above makes me cringe at the thought of the electrical bill...

[eoakland]

slush is on fire now.  it's a block finding machine