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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 3931370 times)
dmwardjr
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October 10, 2014, 07:31:49 AM
 #19121

I gotta sleep now.  See y'all in the forum tomorrow (later today), Lord willing!  Not guaranteed the next day, ya know...

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October 10, 2014, 07:32:17 AM
 #19122

lets take a look at my recent statistics
22937   2014-10-10 06:53:33   17:40:27   115946090985   17735443   0.00475671   324650   25.03150250   99 confirmations left
22936   2014-10-09 13:13:06   6:48:13   43684750551   92392   0.00000070   324539   25.04349057   confirmed
22935   2014-10-09 06:24:53   5:42:43   38699012302   none           none           324497   25.33283836   confirmed
22934   2014-10-09 00:42:10   15:31:23   104975622407   8931643   none           324475   25.08255188   confirmed
22933   2014-10-08 09:10:47   0:48:37   5549320707   1015850   0.00458371   324391   25.00552590   confirmed
22932   2014-10-08 08:22:10   1:50:29   12526830694   2324405   0.00459182   324386   25.10238433   confirmed
22931   2014-10-08 06:31:41   8:12:14   55967681449   10392874   0.00448300   324375   25.08013922   confirmed
22930   2014-10-07 22:19:27   10:11:13   68708671030   12806513   0.00455740   324320   25.35868136   confirmed
22929   2014-10-07 12:08:14   0:15:37   1696202868   322965   0.00457133   324277   25.05056823   confirmed
22928   2014-10-07 11:52:37   8:24:27   56323309578   10550850   0.00442333   324272   25.03743928   confirmed

that brief 24 hr. period of no reward was the 24hr test i was running at ghash.io

so man if i make the same regardless of block time long blocks suck Smiley so i guess thats what gave birth to the "pool hopping stuff and all the different payout structures

I dont understand the math behind it all guess thats why I am not a mathmatician Smiley

so what makes 1 block take 17hrs and another to say the average of 3 to 5 hrs or that rare ocassion up above 48 mins dude if i made .004 x 24 hrs I would be a very happy camper definately a good roi  Smiley

 
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October 10, 2014, 07:38:43 AM
 #19123

lets take a look at my recent statistics
22937   2014-10-10 06:53:33   17:40:27   115946090985   17735443   0.00475671   324650   25.03150250   99 confirmations left
22936   2014-10-09 13:13:06   6:48:13   43684750551   92392   0.00000070   324539   25.04349057   confirmed
22935   2014-10-09 06:24:53   5:42:43   38699012302   none           none           324497   25.33283836   confirmed
22934   2014-10-09 00:42:10   15:31:23   104975622407   8931643   none           324475   25.08255188   confirmed
22933   2014-10-08 09:10:47   0:48:37   5549320707   1015850   0.00458371   324391   25.00552590   confirmed
22932   2014-10-08 08:22:10   1:50:29   12526830694   2324405   0.00459182   324386   25.10238433   confirmed
22931   2014-10-08 06:31:41   8:12:14   55967681449   10392874   0.00448300   324375   25.08013922   confirmed
22930   2014-10-07 22:19:27   10:11:13   68708671030   12806513   0.00455740   324320   25.35868136   confirmed
22929   2014-10-07 12:08:14   0:15:37   1696202868   322965   0.00457133   324277   25.05056823   confirmed
22928   2014-10-07 11:52:37   8:24:27   56323309578   10550850   0.00442333   324272   25.03743928   confirmed

that brief 24 hr. period of no reward was the 24hr test i was running at ghash.io

so man if i make the same regardless of block time long blocks suck Smiley so i guess thats what gave birth to the "pool hopping stuff and all the different payout structures

I dont understand the math behind it all guess thats why I am not a mathmatician Smiley

so what makes 1 block take 17hrs and another to say the average of 3 to 5 hrs or that rare ocassion up above 48 mins dude if i made .004 x 24 hrs I would be a very happy camper definately a good roi  Smiley

 

NOBODY makes anything unless a block is found.  At present difficulty of finding a block, it would take Slush approximately 5 hours and 17 minutes on average to find a block.  However, it can vary GREATLY depending on luck, as you have just seen on Slush.

We found 13 blocks in one day on Slush since I started mining on Slush.  Slush could average 4.5 blocks each day according to their total hashing power on the 22nd of September.  So, Slush did very well as far as LUCK that day.  EXTREMELY WELL!!!

I MUST sleep now.  Have a good night!  And HAPPY MINING!!!  GOOD LUCK!!!

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October 10, 2014, 07:41:20 AM
 #19124


Bitcoin Difficulty:   35,002,482,026
Estimated Next Difficulty:   36,169,128,526 (+3.33%)
Adjust time:   After 1940 Blocks, About 13.0 days
Hashrate(?):   243,102,144 GH/s
Block Generation Time(?):   
1 block: 9.6 minutes
3 blocks: 28.9 minutes
6 blocks: 57.7 minutes
Updated:   2:39 (1.6 minutes ago)

HAPPY MINING AND GOOD NIGHT EVERYBODY

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October 10, 2014, 02:17:46 PM
 #19125

This is a follow up to show 60 Ph/s versus a 57.7 Ph/s on GHash does knock down "shares earned" from .00204... to .00191... on average.  So, my Slush and GHash comparisons were pretty much accurate for the most part.

GHash was probably more like .00193933 on average at 60 Ph/s [even] instead of the .00191766 I had previously posted.  But like I said, "It was a CONSERVATIVE estimate.

19448   2014-10-10 14:00:15   324702   25.2300   5/120   37 minutes   61.46 Ph/s   5707240/75000016968   0.01%   31910124312   0.00191991
19447   2014-10-10 13:23:06   324700   25.0101   7/120   2 hours   59.56 Ph/s   5885880/75000018576   0.01%   86612885289   0.00196275
19446   2014-10-10 11:38:59   324679   25.0193   28/120   2 minutes   57.48 Ph/s   6125240/75000024179   0.01%   1780056876   0.00204332
19445   2014-10-10 11:36:46   324678   25.0383   29/120   30 minutes   58.12 Ph/s   6125240/75000024179   0.01%   24343776026   0.00204487
19444   2014-10-10 11:06:47   324674   25.0425   33/120   29 minutes   58.13 Ph/s   5993240/75000202716   0.01%   23575838967   0.00200113
19443   2014-10-10 10:37:45   324671   25.0785   36/120   10 minutes   58.08 Ph/s   5907000/75000182940   0.01%   8140050516   0.00197517
19442   2014-10-10 10:27:44   324670   25.0661   37/120   an hour   59.97 Ph/s   5852000/75000183525   0.01%   57485393623   0.00195581
19441   2014-10-10 09:19:06   324661   25.0199   46/120   3 hours   57.68 Ph/s   6118640/75000011932   0.01%   139511842389   0.00204117
19440   2014-10-10 06:25:57   324646   25.0384   61/120   5 minutes   57.48 Ph/s   6066720/75000593674   0.01%   4403012177   0.00202533
19439   2014-10-10 06:20:28   324645   25.0990   62/120   24 minutes   59.83 Ph/s   6084760/75000593284   0.01%   19711843980   0.00203627
19438   2014-10-10 05:56:53   324643   25.0289   64/120   3 minutes   57.24 Ph/s   6139320/75000592033   0.01%   2359039938   0.00204879
19437   2014-10-10 05:53:56   324642   25.0231   65/120   4 hours   58.13 Ph/s   6138000/75000591170   0.01%   191079662261   0.00204787

So, Back to my pool comparison:

Slush is averaging right at 8 PH/s TOTAL hashing power.  At present difficulty, that is approximately 5 hours 10 minutes time for each block found.  To be at 100% Luck for the week [while maintaining a consistent 8 PH/s] we would need to find [24 hours divided by 5.16666667 hours] = 4.64516129 blocks each day during that week.  Again, that's to maintain 100% Luck.

[Slush] 4.64516129 blocks x .01452471 average shares with 4.67 TH/s = 0.06746962 BTC average each day.  That would be 2.02408860 BTC in 30 days (1 month).

GHash is averaging right at 60 PH/s TOTAL hashing power.  At present difficulty, that is approximately 41 minutes 21 seconds for each block found.  To be at 100% Luck for the week [while maintaining a consistent 60 PH/s] they would need to find [24 hours divided by .68775 hours] = 34.8964013 blocks each day during that week.  Again, that's to maintain 100% Luck.

EDIT:  CORRECTION MADE TO GHASH ON AVERAGE SHARES, WHICH CHANGES ALL NUMBERS

[GHash] 34.8964013 blocks x .00193933 average shares with 4.67 TH/s = 0.066767564 BTC average each day.  That would be 2.03026914 BTC in 30 days (1 month).  ALSO, one also gets bonus alt coins as well.  Such as NMC and others.  It's a bonus all the way.  Not sure how well those coins are doing and their value related to BTC.  Haven't really looked into THAT part of it deep enough yet.


Slush = 2.02408860 BTC in 30 days

GHash = 2.03026914 BTC in 30 days

They are both so close to being the same in BTC earnings that it PROVES either pool would be fine to mine.  Yes, GHash does give bonus alt-coins as well.  That may make them a little more attractive.  However, Slush can be a bit more attractive on the days they hit well more than 100 % pool luck.  Does that mean GHash does not ever have more than 100% pool luck.  No, they have hit as much as 60 blocks in 24 hours on some days.

Either one of those pools are just as good as the other.  I suppose when we wake up we make a decision on which pool we think will be the luckiest for that day.

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October 10, 2014, 02:56:03 PM
 #19126

Either one of those pools are just as good as the other.  I suppose when we wake up we make a decision on which pool we think will be the luckiest for that day.

Yeah, but when you hop away from Slush, you pretty well sacrifice your shares in the block being worked on.  Best to stick with one or the other IMHO, or both of course, which would even out your variance a bit more.  You might find that's something worth trying: you could put half your ants on Slush and the other half on Ghash.  Personally, I would always stay with Slush - we might get some long blocks, but we certainly get a good number of short ones to compensate. Smiley
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October 10, 2014, 03:04:36 PM
 #19127

Either one of those pools are just as good as the other.  I suppose when we wake up we make a decision on which pool we think will be the luckiest for that day.

Yeah, but when you hop away from Slush, you pretty well sacrifice your shares in the block being worked on.  Best to stick with one or the other IMHO, or both of course, which would even out your variance a bit more.  You might find that's something worth trying: you could put half your ants on Slush and the other half on Ghash.  Personally, I would always stay with Slush - we might get some long blocks, but we certainly get a good number of short ones to compensate. Smiley

TOTALLY AGREE WITH YOU on the "hop" thing.  Yes, shares (earnings) are at jeopardy when hopping from one to the other.  I also believe it would be best to stick with one for at least a week if not a month before ever changing to another OR doing like you said, "Half on one and half on the other."

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October 10, 2014, 03:26:07 PM
 #19128

^ +1 I'm notorious for saying this. Your best bet is to use variance. Variance is dividing your ghs between at least two pools. The system I use is to keep 80%  here at Slush and 20% at BTCguild. Using this method, on bad luck days u still have the possibility of the other pool being very lucky. It's a good proven system no pool hopping involved. If pool hopping really worked we would all be doing it.

Summary: Dont keep all your eggs in the same basket.

https://bitcointalk.org/index.php?topic=416933.0


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October 10, 2014, 03:37:29 PM
 #19129

^ +1 I'm notorious for saying this. Your best bet is to use variance. Variance is dividing your ghs between at least two pools. The system I use is to keep 80%  here at Slush and 20% at BTCguild. Using this method, on bad luck days u still have the possibility of the other pool being very lucky. It's a good proven system no pool hopping involved. If pool hopping really worked we would all be doing it.

Summary: Dont keep all your eggs in the same basket.

https://bitcointalk.org/index.php?topic=416933.0



I believe I would have to agree with you!

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October 10, 2014, 05:44:28 PM
 #19130

Well I am saying as of last few days with that 17hr block that 17hr at ghash i would of got almost .02 here i received .004sumthing for 17hrs of hashing. however there was a quick succession making last nights
Heres the last 24 hrs well over 24 hrs i think
22940   10/10/2014 12:30   0:45:23   4914643496   996708   0.00500069   324688   25.08319862   54 confirmations left
22939   10/10/2014 11:45   2:58:42   17927627072   3759619   0.00479648   324681   25.01928281   47 confirmations left
22938   10/10/2014 8:46   1:53:08   12366475489   2434650   0.00499817   324658   25.16590909   24 confirmations left
22937   10/10/2014 6:53   17:40:27   1.15946E+11   17735443   0.00475671   324650   25.0315025   16 confirmations left
                        
            Total BTC   0.01955205    so not typical slush payout should be .03 minimum that was according to last few weeks and if you see below what was this i got same results for another 24hr period before that one.
      



but here lets take this example now maybe I am not reading this right please look at the times and confirm this is a 24 hr period.I messed up somewhere is this 2 days or am i seeing something crazy "Luck"? I looked it up and down and seems right about a 24 hr period?



22926   10/6/2014 22:21   0:04:03   447454608   78712   0.00462478   324180   25.03244486   confirmed
22925   10/6/2014 22:17   6:51:04   44910072672   8724095   0.00470012   324179   25.07592009   confirmed
22924   10/6/2014 15:26   0:55:51   6246559625   1151428   0.00455269   324135   25.21359071   confirmed
22923   10/6/2014 14:30   4:10:43   27646593769   5226378   0.00460755   324131   25.06981672   confirmed
22922   10/6/2014 10:19   1:19:16   8551541262   1673164   0.00482358   324100   25.09346513   confirmed
22921   10/6/2014 9:00   2:12:24   13982043043   2789129   0.00484627   324093   25.0031   confirmed
22920   10/6/2014 6:47   1:43:16   10807607280   2210484   0.004896   324075   25.01275113   confirmed
22919   10/6/2014 5:04   1:17:36   7888374795   1652382   0.0050748   324067   25.06743279   confirmed
22918   10/6/2014 3:46   0:05:45   583993924            120619   0.00504569   324058   25.04716726   confirmed
22917   10/6/2014 3:41   5:44:52   35011548839   7226368   0.00504082   324057   25.07660599   confirmed
22916   10/5/2014 21:56   2:40:57   17841738135   3412447   0.00468892   324017   25.19408063   confirmed
                        
               0.05290122   BTC   


   



  
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October 10, 2014, 06:00:21 PM
 #19131

When you do a pool comparisons you need to use at least at the minimum 1 month's worth of data preferably 3 to 6. For those that have been here a while we can tell you that Slush averages 5 to 6 blocks a day when you average it out over time. The total payout here is a little better because of the lower hashing rate. Slush is a pool that you point your miners at and forget them, check it once or twice a week and let it be.

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October 10, 2014, 06:12:32 PM
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So could it be said that a good pool is one thats big enough but not to big where as the payouts are less such as the average ghash payout of .004 per block allbe it they blocks process fast enough by the end of the day as noted its .02 Yes agree need a one month data set, anyone got one Smiley?  So here at slush if there are too many miners the payout goes down ? My big question is why does 1 block take 17hrs to hash when another takes 45mins Those 17hr blocks kill a daily payout Smiley I had to run a 24hr comparison to try to figure who to call home slush or ghash ghash is so huge you can gurantee something steady but low. .02etc in my other post can you please confimr that time period that equaled .05 was a 24hr period of blocks or am i missing something is it 2 days? cause if thats a 24hr period i found my home here at slsush Smiley NQA
  
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October 10, 2014, 06:23:37 PM
 #19133

So could it be said that a good pool is one thats big enough but not to big where as the payouts are less such as the average ghash payout of .004 per block allbe it they blocks process fast enough by the end of the day as noted its .02 Yes agree need a one month data set, anyone got one Smiley?  So here at slush if there are too many miners the payout goes down ? My big question is why does 1 block take 17hrs to hash when another takes 45mins Those 17hr blocks kill a daily payout Smiley I had to run a 24hr comparison to try to figure who to call home slush or ghash ghash is so huge you can gurantee something steady but low. .02etc in my other post can you please confimr that time period that equaled .05 was a 24hr period of blocks or am i missing something is it 2 days? cause if thats a 24hr period i found my home here at slsush Smiley NQA
  

Luck (or lack of) is why it took 17 hrs to solve that block. I have seen several 24+ hour rounds to find a block here at Slush. Yes on the 6th we had a good run of luck and did solve 10 blocks that is why you have to look at 90 to 180 days worth of numbers to get a true average. If you were to compare "the evil empire" and us for 6 months I bet you would find we are very close to the same pay out. I mine here because it is a solid pool with very few problems with good support. If you go back and read several hundred pages back you will see these very same questions brought up several times.

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October 10, 2014, 06:44:42 PM
 #19134

My observations agree - in the long run the payouts are about the same. I like slush because it's a little more exciting. Finding a block on GHash is a yawn with its small payout; but finding one on slush is a Boo-Ya.

The only thing I don't like about slush is if you lose power it penalizes you as if you're pool hopping and shares you may have been working on for 20+ hours wither away to nothing.

Hot time, summer in the city, back of my mine getting hot & gritty!!!
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October 10, 2014, 06:48:44 PM
 #19135

My observations agree - in the long run the payouts are about the same. I like slush because it's a little more exciting. Finding a block on GHash is a yawn with its small payout; but finding one on slush is a Boo-Ya.

The only thing I don't like about slush is if you lose power it penalizes you as if you're pool hopping and shares you may have been working on for 20+ hours wither away to nothing.

Agreed, and I let's not forget we don't want to help the  "Evil Empire" achieve the 51%.

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October 10, 2014, 07:20:03 PM
 #19136

^ Its never really been about just the hashrate. They are a farm, not just a pool. New miners think all that hashpower there is home miners so that must be where all the home miners are making good coin. Look at ghash's invalid/orphan rate. It's extremely high because they try to cheat the system by using a low n number. They have also intentionally double spent in the past and admitted it. Cex/ghash are not honest, they are an "Evil Conglomerate" out to rule the world. A "corporation" farm hurts the home miners and really Bitcoin the most. By mining there people are buying them more equipment, thus making their farm larger and bringing our end nearer.

Note: There are solutions for the 51% attack situation. When the fix needs to be implimented it will be. (A nameless bitcoin dev) and others have had the solution ready for awhile now. The whole 51% thing just makes good press, it's all about fear, thats why you never hear that a 51% attack would be noticed immediately and the fix would shut it down almost immediately making all the attackers blocks invalid.

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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October 10, 2014, 08:51:32 PM
 #19137

That is good to hear, but with even a 51% attack fix (and I know you agree) no one entity needs to control 51% of the hash period, that is just bad for us all the way around. Why all these people keep mining there I just don't understand.

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kkurtmann
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October 10, 2014, 09:57:24 PM
 #19138

That is good to hear, but with even a 51% attack fix (and I know you agree) no one entity needs to control 51% of the hash period, that is just bad for us all the way around. Why all these people keep mining there I just don't understand.

Because greed.

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wasikidding
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October 11, 2014, 01:26:32 AM
 #19139

Anyone else have slush website down? Grin

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October 11, 2014, 04:15:12 AM
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I sense 2 blocks next 45 min  Shocked

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