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

[dishwara]

So, all are not fighting for a particular block?
I mean every one chooses any block they want to solve?

[BitterTea]

No, everybody is trying to find a block that can be validly connected to the previous one. When someone else finds that block before you, you try to find one that can be connected to theirs instead.

[sniper_sniperson]

Shit, not again!

Score - 1944720.9310

 

[slush]

Pool is going fine, today was just bad luck, nothing more. warweed, you don't need to apologize, it's your rig.

[warweed]

slush to be honest i will give deepbit a 48 hour try and compare averages

one thing i think that makes deepbit attractive to *me* is some of it's feature i think your pool would benifit greatly in a facelift

some things i think would be awesome if even possible is the following
most of it is copys from deep bit

the ability to add more then one worker account at once or at the very least when submiting a new worker have it refresh back to the my account clicking back is annoying as fuck when adding 20 some accounts

some of the features i like on deepbit are the share and share % in the account view

the ability to see your average hashrate (and what would be cool is to see worker hash rate) i also like that the account name changes color if active or not makes it easyer to sort thru

i like tha bility to have a signature pic to brag bout hash rate

long polling and instant payout are AWESOME features i hate having to wait if it's a buy or sell kind of market

and the reward estimation feature is nice not super accurate but still good

and some things i like about your pool are the graphing

if we could bundle this all up into one

duh
winning

plus like i said the front end could certainly use a facelift

[dafishman]

IDK but if everyone goes to Deepbit and slush's pool dissolves we are then left with a monopoly. Sure anyone can create a pool. But who is going to join a 30 or 40 megahash pool? You think 3% is bad...What if he suddenly wants 5%? What happens next month if Deepbit has troubles? Where to then?

Slush is the only real competition right now. Everyone up and left while there was trouble. I understand this. However, the problem is fixed and the future has been addressed by slush. Lesson learned.

It is time for everyone who left to come back.

I know it's not my place to say this, but we need people like slush to keep things somewhat fair and balanced. I know that we will miss having a 2nd option if he leaves.

This was one event:

WAS IT BAD? YES.
WAS IT ADDRESSED? YES.
WERE YOU HAPPY BEFORE YOU LEFT? THAT IS THE QUESTION...

Because as of now the pool is operational again and working the same as when you left. I ask not for slush or myself, but for the good of the entire community.

I truly believe this.

Thank you,

Dafishman

[sniper_sniperson]

What a drama! 

If you have decent gh/s rig just go solo ...

[Dayofswords]

I have no reason to leave slush's pool.

[d3athrow]

Slush i've decided to give your pool a try and with my workers they're not reporting correct stats on the score, my 5830 is somehow beating my 5870 and 6870 in score for each round. Any idea what the issue may be?

[Jaime Frontero]

i was putting one miner into slush's pool before the crash.  173 Mhash/sec.

now i've got two, better miners in his pool - 525 and 325 Mhash.  blocks are cracking, payment is going out, and all's well with the world.

those virgin blocks are getting tough.  still got my big miner going solo though.

[VPoro]

With the hashrate slush's pool had before the big crash, the pool was mining ~50 blocks per day, of which slush got 1 BTC each. That's 50 BTC * 3 USD/BTC (at that time) = 150 USD per day, or 4500 USD per month. That's starting to be a serious amount of money, and would definately warrant for hiring someone to watch the servers while slush is on a holiday / other leave.

I was lucky to notice the crash, and was able to move my miners as soon as things went really bad, but I do feel the pain of the previous posters, losing 30-40 BTC is no fun :/

All in all, at least I won't be moving my miners back before adequate measures are taken to ensure that long (4h+) service outages don't happen; with the current USD/BTC rate, the pool can afford it - that's what the fees are for...

And, to dafishman - I agree that having options is good, however, that shouldn't come at the cost of the miners. Once a failproof mechanism is in place, I will consider moving my miners back. Implementing a software solution just won't cut it, I'm afraid, since as we can see, software can and will fail. Paying someone 100 USD/day to watch over the servers (= check that they work once in 3 hours) while slush is on a holiday would not make a big dent in his wallet with the current fee income

[molecular]

slush to be honest i will give deepbit a 48 hour try and compare averages

That wont tell you anything stastically significant.

It's like switching lanes in heavy traffic.

[cablepair]

one thing I would like to remind everyone is the longer you stay connected to slush's pool the better the payout


I made a decision that I was going to stay with slush with my 375+m/hash (and growing) and im sticking to it
how much more do you really think deepbit is going to net you? and with what cost
the market is still unstable, it jumps up and down 1.00+ usd every day, we need to work together and mine mine mine....
since poor slush went on a vacation and his server crashed (which probably was an attack IMO) everyone has been running around like chickens with their heads cut off. Wheres your loyalty? Slush has a better payout system and a fairer fee, and he works very hard for this thing which we are all very fortunate to be a part of. IMO, we need to band together and make slush's pool better together ive mined with deepbit and over there you feel like just another number. It's much more personal here.

keep up the good work slush
and dont get discouraged
im here with ya bro.

-iMMUNE
1KvnUa3thZ27cBVUUUGw4wfsT65zATpdbo

[onarchy]

As far as I can tell the speed is not back to where it was before the crash. Is there another problem arising?

[eleuthria]

As far as I can tell the speed is not back to where it was before the crash. Is there another problem arising?

A lot of miners moved to deepbit when the crashed happen.  That sudden surge made Deepbit even more reliable in terms of very steady payouts (higher % of total network hash = likely to make more blocks per day), so some people haven't gone back to slush's pool.

This kind of situation is part of why I've gone the route of starting another pool.  The odds of passing great pools like slush or Deepbit are stacked against me, but that's not my goal.  Splitting the network into smaller pools is a way to help the network respond to pool crashes. 

With the percentage of miners in Deepbit, if it went down transactions across the network would see a large increase in time to be processed until the miners either switched pools or Deepbit came back online.  Compared to the overall network speed right now, I think Slush's pool is at a good size.  It's impact on the network is reasonable, but not crippling in the event of another crash.

[Meni Rosenfeld]

one thing I would like to remind everyone is the longer you stay connected to slush's pool the better the payout

This is wrong. It's refreshing to hear this myth said in favor of slush's pool this time. But your expected payout is exactly proportional to the amount of time spent mining.

[olefourtyniner]

one thing I would like to remind everyone is the longer you stay connected to slush's pool the better the payout

This is wrong. It's refreshing to hear this myth said in favor of slush's pool this time. But your expected payout is exactly proportional to the amount of time spent mining.

I think the point that was trying to be made was that in 48 hours you might get unlucky and get a poor payout. With slush running at 180GHs that possible unluckiness is going to be exacerbated compared to deepbit. The longer you stay on slush (or any pool), the closer to the average probable payout you will get. (It's also possible that in 48 hours you get lucky, and then the longer you stay in the pool the less the payout).

Deepbit running at 560GHs is going to get you to a more stable payout quicker than slush. But it's going to cost you 3% versus slush's 2%. So, you'll always earn more in the long run on slush than deepbit. 

All things being equal, slush has some great features that deepbit doesn't, which is why competition is great. I really like a lot of slush's stats and graphs, and I also like that slush has a self signed SSL cert that I can use when accessing my account.

Downtime always occurs. Amazon EC2 was out for 24 hours recently, and they have gobs of people and resources. It'll happen to deepbit eventually, so it's no reason to jump ship.

[cablepair]

is that really a myth? I know I read that on some pools official faq, oh well....

Although I am a Network Administrator the way that bitcoind works and interacts with the miners is still somewhat new to me, but I have been reading about it and am understanding it quite well. I find issue with the statement that because a pool has a higher hash rate that it will be more profitable for the miners. It seems to me that once a pool reaches the level of being able to mine blocks the individual roles of the miners and their payouts should not be affected.

Can you explain how having a 500 g/hash compared to 200 g/hash will be more profitable to the miners? Because I am considering this and not seeing it.

thanks!

[dishwara]

Actually i see opposite.
When i mine in deepbit, i get less than i mine in slush.
I started mining slush only first then as the network grow, i became to get less (also calculated with difficulty.)
So, i started moving around pools testing, At least in 2-3 days i must have mined in all the pools available. But just mine 3-4 hours then go back to deepbit.
But when slush pool failed, deepbit increased size & i felt i am getting low.
So, after slush came online i am on him & i feel i get more than deepbit.

[olefourtyniner]

Can you explain how having a 500 g/hash compared to 200 g/hash will be more profitable to the miners? Because I am considering this and not seeing it.

It won't be more profitable. It all has to do with probabilities. Over time, everything will average out.

500 g/hash is somewhat more likely to make payouts more consistently over short durations. Each block requires a random amount of time to solve. So at 200 g/hash, you might solve one block in 40 minutes, or it might take you 2 hours. That means in one day you could have as many as many as 36 solved blocks, or as few as 12.

When your doing 500g/hash, you'll be solving blocks quicker, which means probabilistically, you should approach the average quicker.

In either case either pool could win or lose the random lotto, and vastly out or underperform the average for any span of time, it's just increasingly unlikely the faster you go, and the longer you're at it.  (hence why pooling is more consistant than solo mining).

Testing out one pool for a couple of days, and switching won't tell you anything, because you might randomly outperform or underperform the average on those time scales, regardless of the pool.