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Question: What type of pool payouts do you prefer?
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Total Voters: 3966

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Author Topic: [150+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 4298310 times)
kkurtmann
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September 17, 2014, 06:41:06 PM
 #18461

^ please explain idea to lower difficulty? What can we do?

To lower difficulty, we only need to get everyone to stop adding hash power as well as turn off a few machines. Simple.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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00pmac00
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September 17, 2014, 06:59:27 PM
 #18462

^ please explain idea to lower difficulty? What can we do?

To lower difficulty, we only need to get everyone to stop adding hash power as well as turn off a few machines. Simple.

Hilarious Hahaha BTCest joke of the day!

Wait here's another, please just all of you give me your spare change bitcoin so I can buy my father a Birthday present this weekend.
1JEgJhdCPvRCvccvNpfP9e1KPkKfZsrVrC just send there and life will be good again   Grin
I think that will work about as well as your suggestion...Maybe?
cris12821
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September 17, 2014, 06:59:49 PM
 #18463

Shut down some miners yea. Or crash a few pools or btc exchanges.     Cheesy.  

All. Very simply steps.   Might be time to go to ghash for ahwle till slush gets back in the game or diff lowers

Give Respect , Get Respect
kkurtmann
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September 17, 2014, 07:42:31 PM
 #18464

Shut down some miners yea. Or crash a few pools or btc exchanges.     Cheesy.  

All. Very simply steps.   Might be time to go to ghash for ahwle till slush gets back in the game or diff lowers

I don't see how taking any or all exchanges offline would lower difficulty. Miners gunna mine.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
kkurtmann
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September 17, 2014, 07:44:29 PM
 #18465

^ please explain idea to lower difficulty? What can we do?

To lower difficulty, we only need to get everyone to stop adding hash power as well as turn off a few machines. Simple.

Hilarious Hahaha BTCest joke of the day!

Wait here's another, please just all of you give me your spare change bitcoin so I can buy my father a Birthday present this weekend.
1JEgJhdCPvRCvccvNpfP9e1KPkKfZsrVrC just send there and life will be good again   Grin
I think that will work about as well as your suggestion...Maybe?

It's not a suggestion. In fact, it is the only way to lower difficulty. Ain't gunna happen.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
00pmac00
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September 17, 2014, 07:53:03 PM
 #18466

^ please explain idea to lower difficulty? What can we do?

To lower difficulty, we only need to get everyone to stop adding hash power as well as turn off a few machines. Simple.

Hilarious Hahaha BTCest joke of the day!

Wait here's another, please just all of you give me your spare change bitcoin so I can buy my father a Birthday present this weekend.
1JEgJhdCPvRCvccvNpfP9e1KPkKfZsrVrC just send there and life will be good again   Grin
I think that will work about as well as your suggestion...Maybe?

It's not a suggestion. In fact, it is the only way to lower difficulty. Ain't gunna happen.

Yeah, I know. But you said "Simple" ...Uh yeah that was the funny part!
bobsav2121
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September 17, 2014, 08:08:53 PM
 #18467

I wonder if that new semiconductor chip that they hijacked that Malaysian airliner MH 370 and killed all those people to steal would have made the asics obsolete and could have been our new mining technology?

http://m.youtube.com/watch?v=-JzmK3-tIvQ

Bitmain must be behind this
jterry211
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September 17, 2014, 08:17:30 PM
 #18468

Whoever says this pool is dying or dead can suck it. Go Slush get yah some.

JT

dude, slush pool is dying.  #'s don't lie.  don't get me wrong, it gets hot here and there, but more miners are leaving. 
http://blockorigin.pfoe.be/chart.php

Ooh a chart... Ok we are a smaller pool always have been.  I have been here for about a year and the hash rates have quadrupled since i started.  They fluctuate, doesn't mean its dying.  Allot of people dont like how this pool is set up, i do. There are also 6583613.414 Ghash/s that do too.

JT
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September 17, 2014, 08:21:47 PM
 #18469

Shut down some miners yea. Or crash a few pools or btc exchanges.     Cheesy.  

All. Very simply steps.   Might be time to go to ghash for ahwle till slush gets back in the game or diff lowers

I don't see how taking any or all exchanges offline would lower difficulty. Miners gunna mine.

Say a hacker or group of Hackers takes out an exchange and oh say a couple 100 thousand bitcoins get lost permanently that means that have to be mined again.  In turn the difficulty goes down.  Read an article a while back about the volume affecting the mining difficulties etc etc.  Will have to find it and post.

JT
kkurtmann
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September 17, 2014, 08:28:03 PM
 #18470

Shut down some miners yea. Or crash a few pools or btc exchanges.     Cheesy.  

All. Very simply steps.   Might be time to go to ghash for ahwle till slush gets back in the game or diff lowers

I don't see how taking any or all exchanges offline would lower difficulty. Miners gunna mine.

Say a hacker or group of Hackers takes out an exchange and oh say a couple 100 thousand bitcoins get lost permanently that means that have to be mined again.  In turn the difficulty goes down.  Read an article a while back about the volume affecting the mining difficulties etc etc.  Will have to find it and post.

JT

You were misinformed. In fact, I think a few of the newbies here either don't know or were misinformed about what the mining difficulty is, how it works, and what it is used for. Lost coins don't get replaced. You need to do a bit more reading from reputable sources.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Billbags
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September 17, 2014, 08:29:52 PM
 #18471

Shut down some miners yea. Or crash a few pools or btc exchanges.     Cheesy.  

All. Very simply steps.   Might be time to go to ghash for ahwle till slush gets back in the game or diff lowers

I don't see how taking any or all exchanges offline would lower difficulty. Miners gunna mine.

Say a hacker or group of Hackers takes out an exchange and oh say a couple 100 thousand bitcoins get lost permanently that means that have to be mined again.  In turn the difficulty goes down.  Read an article a while back about the volume affecting the mining difficulties etc etc.  Will have to find it and post.

JT
Difficulty is calculated in this control feedback loop. None of that above applies. Lost coins are lost coins, they can't be remined. Only 21 million bitcoin will ever be mined. Only reducing hashpower can reduce difficulity. Difficulty is calculated every 2016 blocks as part of the new target adjustment.

60minhr∗24hrday∗7dayweek 10minblock=2016 in 2weeks

Tcurrent=Tprior∗tprior/2weeks

D=work/2(32)=2(256)/(Tcurrent+1)∗2(32)

hashes/second≈D∗2(32)/600

Definition: The Bitcoin difficulty is the average number of nonces you have to try to find a valid block — aka. the work — divided by 2(32)(roughly 4 billion).

Note that D is just a number for human consumption. It scales in direct proportion to the computational effort required for mining, so twice the difficulty means twice the effort.

If we know the current difficulty D, we can estimate how fast all miners are hashing in aggregate. On average, it takes D∗2(32) hashes to find a nonce that works, and the target is selected to make that take 10 minutes.

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
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September 17, 2014, 08:45:25 PM
 #18472

Shut down some miners yea. Or crash a few pools or btc exchanges.     Cheesy.  

All. Very simply steps.   Might be time to go to ghash for ahwle till slush gets back in the game or diff lowers

I don't see how taking any or all exchanges offline would lower difficulty. Miners gunna mine.

Say a hacker or group of Hackers takes out an exchange and oh say a couple 100 thousand bitcoins get lost permanently that means that have to be mined again.  In turn the difficulty goes down.  Read an article a while back about the volume affecting the mining difficulties etc etc.  Will have to find it and post.

JT
Difficulty is calculated in this exact feedback loop. None of that above applies. Lost coins are lost coins, they can't be remined. Only 21 million bitcoin will ever be mined. Only reducing hashpower can reduce difficulity. Difficulty is calculated every 2016 blocks as part of the new target adjustment.

60minhr∗24hrday∗7dayweek 10minblock=2016 in 2weeks

Tcurrent=Tprior∗tprior/2weeks

D=work/2(32)=2(256)/(Tcurrent+1)∗2(32)

hashes/second≈D∗2(32)/600

My bad misread i suppose. Thats what i get for being dyslexic.

JT
Billbags
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September 17, 2014, 08:53:14 PM
 #18473

^ That's ok, believe me, my first theory on that formula was wrong because I left out the fact that it only gets calculated and applied every 2016 blocks, and not continuously, so it took some time for me to get the understanding of it working right.

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
Jcga
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September 17, 2014, 08:57:41 PM
 #18474


Chance du pool (1 jour, 7 jours, 30 jours):   304%, 108%, 108%

304%

Jcga
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September 17, 2014, 09:29:57 PM
 #18475

+1 leLol

where does this funny guys come from, may i know Wink
kkurtmann
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September 17, 2014, 09:34:43 PM
 #18476


Chance du pool (1 jour, 7 jours, 30 jours):   304%, 108%, 108%

304%



Happy days are here again, let the blocks rain down on Slush again.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Jcga
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September 17, 2014, 09:49:18 PM
 #18477

@Jcga
Good old Texas USA. Just having a good time with today's luck Grin

oui une bonne journée.
Slush is in France, french way Tongue
Texas, how far do you live from San Antonio, the Spurs Smiley
Hey guys you sending soldiers to fight against "Ebola" betta shoot very well lol
jterry211
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September 17, 2014, 09:56:18 PM
 #18478

@Jcga
Texas USA. Just having a good time with today's luck Grin

I live outside of Houston.

JT
cris12821
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September 18, 2014, 12:51:58 AM
 #18479

So lately iv been watching the diff prediction rise.    It started at like 31 its now 35-38  and I have a feeling when it comes for diff ride it will be at around 42-46.   I thinks is on have like 5 levels in 28hrs or less.   And by the looks of it, its not going to drop, slow down or stop rising anytime soon.

The higher the diff, the more miners people add,   and the so called "only way" to lower it is for miners to be turned off.   
So this is why i have a feeling it'll be 42-48 by the time it finLly changes. 

I'm not loosing hope.  The hope is there, just loosing hope of it dropping or stopping anytime soon.



My theory is,  with your own miners  everyone who runs more than 5th/s turn off ur miners and reduce the speed to 1-5th/s and keep ur miners ready for when and if price rises or diff shootsnthrough the roof.

Instead of adding more and more and more miners to keep up with diff,    turn half your miners off so diff drops thus doubling your profit(I'm pretty sure)




We here at slushs are a family.   And as a family were strong and were lucky.    But diff won't drop or slow down anytime soon with more and more people turning onnmore miners.


Thanks.

Give Respect , Get Respect
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September 18, 2014, 12:57:26 AM
 #18480

In the sage words of Dr. Dre, Today was a good day.
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