Bitcoin Forum
May 24, 2018, 04:09:27 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3230 (80.4%)
Bank transfer / USD - 415 (10.3%)
Gold/silver coins and bars - 371 (9.2%)
Total Voters: 4014

Pages: « 1 ... 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 [998] 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 ... 1142 »
  Print  
Author Topic: [2.5+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4326791 times)
pikachuy
Sr. Member
****
Offline Offline

Activity: 515
Merit: 250


View Profile
November 20, 2014, 08:12:20 PM
 #19941

Anyone who make decisions based on luck,  clearly doesn't understand the statistics of bitcoin mining.
... which is why I am amused by the pool-hoppers who pile aboard after a couple of blocks are found in quick succession (and irritated by the consequent reduction in payouts per block - yes, I know that that also is subjective, as in theory it should result in more smaller payouts and make no difference overall).

It's not the same thing as jumping ship when a pool is consistently performing below par, as that could indicate an underlying problem, cf. another pool's past issue with a very large miner which did not report correct results.
Actually I believe Slush's pool is still a little bit hoppable. It's not like a straight proportional pool but it's still possible to come out ahead mining to ~25% on the CDF and then hopping away.

Yea, it's still can be abused/hopped. Last time, one of my miners died for 8 hours during a long block, i was able to get it mining again during the last few hours until it solved the block. I think the block took like 14 hours or so. My payout was still same as usual as before if I was mining there 24/7.

But the issue was that I didn't mine for the first 8 hours in the beginning of the block Huh

In our words, if the block is taking very long,  you can basically hop on and get your shares in for a couple of hours till it solves it and you will be almost payed the same as if you mined for the whole duration of the long block.

Score system at it's finest...

█ BTC: 32aWPuC6oLREi1LWWrEinnzGaV4w28Pzwb
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527178167
Hero Member
*
Offline Offline

Posts: 1527178167

View Profile Personal Message (Offline)

Ignore
1527178167
Reply with quote  #2

1527178167
Report to moderator
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000


View Profile
November 20, 2014, 08:25:00 PM
 #19942

Anyone who make decisions based on luck,  clearly doesn't understand the statistics of bitcoin mining.
... which is why I am amused by the pool-hoppers who pile aboard after a couple of blocks are found in quick succession (and irritated by the consequent reduction in payouts per block - yes, I know that that also is subjective, as in theory it should result in more smaller payouts and make no difference overall).

It's not the same thing as jumping ship when a pool is consistently performing below par, as that could indicate an underlying problem, cf. another pool's past issue with a very large miner which did not report correct results.
Actually I believe Slush's pool is still a little bit hoppable. It's not like a straight proportional pool but it's still possible to come out ahead mining to ~25% on the CDF and then hopping away.

Yea, it's still can be abused/hopped. Last time, one of my miners died for 8 hours during a long block, i was able to get it mining again during the last few hours until it solved the block. I think the block took like 14 hours or so. My payout was still same as usual as before if I was mining there 24/7.

But the issue was that I didn't mine for the first 8 hours in the beginning of the block Huh

In our words, if the block is taking very long,  you can basically hop on and get your shares in for a couple of hours till it solves it and you will be almost payed the same as if you mined for the whole duration of the long block.

Score system at it's finest...
That's almost like the opposite of pool hopping. Waiting until the block is underway and trying to get in for the last few hours is a good way to lose a lot of coins.
dmwardjr
Legendary
*
Offline Offline

Activity: 1008
Merit: 1021


ProwdClown


View Profile
November 20, 2014, 08:30:04 PM
 #19943

Is it possible we could have our first ever decrease in difficulty the next difficulty change?

Very possible!

We'll see...

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,303,871,431 (+0.01%)
Adjust time:   After 1748 Blocks, About 12.1 days
Hashrate(?):   285,000,092 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated:   14:10 (14.2 minutes ago)

We should come together as a community to promote the best coin(s) for humanity in regards to decentralized currency, privacy, freedom of speech and freedom from tyranny.
pikachuy
Sr. Member
****
Offline Offline

Activity: 515
Merit: 250


View Profile
November 20, 2014, 08:34:55 PM
 #19944

Quote
That's almost like the opposite of pool hopping. Waiting until the block is underway and trying to get in for the last few hours is a good way to lose a lot of coins.

Yea, I'm just saying the score system can be abused. For example, lets say you mine on a PPLNS pool normally, and you've been mining on the PPLNS pool for 12 hours now. You then noticed that slush's pool is having a long block period, like 12+ hours, you then hop onto slush's pool, and hope it solves in a couple of hours or so. 5 hours later, slush's block was solved, and your payout is almost similar as if you were mining for the whole 17 hours on slush's pool. But in reality, you also mined 12 hours on the PPLNS pool and you will still get your shares from the PPLNS but you will also get your payout from only mining on slush's pool for 5 hours. And with how the score system works, your payout will almost be similar to as if you were mining for the whole 17 hours, or the last 5 hours of when the block was solved.

And after that long block was solved from slush's pool, you return back normally to the PPLNS pool.

█ BTC: 32aWPuC6oLREi1LWWrEinnzGaV4w28Pzwb
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000


View Profile
November 20, 2014, 08:39:32 PM
 #19945

Is it possible we could have our first ever decrease in difficulty the next difficulty change?

Very possible!

We'll see...

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,303,871,431 (+0.01%)
Adjust time:   After 1748 Blocks, About 12.1 days
Hashrate(?):   285,000,092 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated:   14:10 (14.2 minutes ago)

There's been decreases in difficulty before, it's just been awhile.
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000


View Profile
November 20, 2014, 08:42:50 PM
 #19946

Quote
That's almost like the opposite of pool hopping. Waiting until the block is underway and trying to get in for the last few hours is a good way to lose a lot of coins.

Yea, I'm just saying the score system can be abused. For example, lets say you mine on a PPLNS pool normally, and you've been mining on the PPLNS pool for 12 hours now. You then noticed that slush's pool is having a long block period, like 12+ hours, you then hop onto slush's pool, and hope it solves in a couple of hours or so. 5 hours later, slush's block was solved, and your payout is almost similar as if you were mining for the whole 17 hours on slush's pool. But in reality, you also mined 12 hours on the PPLNS pool and you will still get your shares from the PPLNS but you will also get your payout from only mining on slush's pool for 5 hours. And with how the score system works, your payout will almost be similar to as if you were mining for the whole 17 hours, or the last 5 hours of when the block was solved.

And after that long block was solved from slush's pool, you return back normally to the PPLNS pool.
That's not really abusing the score system, since doing that you will actually end up with less coins than if you just mined on Slush 100% of the time. When you're pool hopping you want to mine on the proportional pool (or Slush's Pool) at the very start of a round, and then hop away after a certain period of time if a block hasn't been found.
pikachuy
Sr. Member
****
Offline Offline

Activity: 515
Merit: 250


View Profile
November 20, 2014, 08:46:33 PM
 #19947

Quote
That's not really abusing the score system, since doing that you will actually end up with less coins than if you just mined on Slush 100% of the time. When you're pool hopping you want to mine on the proportional pool (or Slush's Pool) at the very start of a round, and then hop away after a certain period of time if a block hasn't been found.

I thought with slush's pool, if the block is long and you only contributed in the first portion of the block and you leave elsewhere, your score/shares becomes useless.

On the side note, what I'm trying to say is why should a person get almost the same payout if they only came and mine for the last 5 hours of the long block, when someone has been contributing for the same whole 17+ hour block will get similar payout also.

█ BTC: 32aWPuC6oLREi1LWWrEinnzGaV4w28Pzwb
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000


View Profile
November 20, 2014, 08:49:57 PM
 #19948

Quote
That's not really abusing the score system, since doing that you will actually end up with less coins than if you just mined on Slush 100% of the time. When you're pool hopping you want to mine on the proportional pool (or Slush's Pool) at the very start of a round, and then hop away after a certain period of time if a block hasn't been found.

I thought with slush's pool, if the block is long and you only contributed in the first portion of the block and you leave elsewhere, your score/shares become becomes useless.
You do. However, you're less likely to solve a block in a given amount of time near the end of the block than at the start. ooc has a good blog post on slush's pool from quite awhile ago that is good reading.
http://howtohop.blogspot.ca/2012/03/how-to-hop-part-1-slushs-pool.html
cris12821
Full Member
***
Offline Offline

Activity: 130
Merit: 100


View Profile
November 21, 2014, 01:15:20 AM
 #19949

Dang Difficulty increases.  Slush never lets you down.  but the raised Difficulty and lowered $/BC sure does.


Looks Like I'll be turning on another 2-3 AntminerS1s next week for a total of 2.2TH/s  to sort of bring me back in the game.

It's hard to stay up to date and in the game when your in college and BTC are your ONLY source of income.      But it's helped me out so far.


Now I just gotta pull some more invisible money out of my ass for another S3 or 2  Sad


All these S1s I got all over the place is brutal and makes it very hard to maintain them.  Tongue  But it works..


I'm stupidly jealous of all of you who can bu many S3s or Miners and still have money to setup a little network for them.  


So jealous... Care to share Cheesy    

GL to all  who has cash flow.









i wonder if the BItcoin network knows that if they turn of 10% of their miners for a few weeks that the diff will drop dramsitaclly which will increase their profit DRAMASTICALLy.  but naw.  everyones theory.  I'ma add more power soo i can make more money... but because i keep adding more to make more money i have to add eve more to make even more money because the diff keeps going up.




Uncommon sense i tell ya... It's no longer Common sense.

Give Respect , Get Respect
cris12821
Full Member
***
Offline Offline

Activity: 130
Merit: 100


View Profile
November 21, 2014, 04:53:34 AM
 #19950

Is it possible we could have our first ever decrease in difficulty the next difficulty change?

Very possible!

We'll see...

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,303,871,431 (+0.01%)
Adjust time:   After 1748 Blocks, About 12.1 days
Hashrate(?):   285,000,092 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated:   14:10 (14.2 minutes ago)

There's been decreases in difficulty before, it's just been awhile.






and I doubt that We willl have any anytime soon.  New Hardware = thousands more buying and thousands more turning on thus doubling the diff and decreasing the cost/BTC.       


I suspect we wont have any drops for like a year when new Hardware stops being developed and bought.  In the meantime.   Expect to get shut out of the game due to diff rise.   


Wether I pay for hydro or not.    I will enver stop.  Sicne BTc are my only source of income.




All these calculations ad stuff.. more miners.. better and faster profit.. but since u add more u increase the diff more.    making profit harder to get.



When if the whole Bitcoin network(which they will never ever do because they dont have common sense)   turned off 10-20% of their miners.  the Difficulty would probably drop back to the 20s it was at like 18 a few months back... now its at 40. 

turn of 10-20% of all miners on the bitcoin network.  and we willl probably get  back their DOUBLING everyone profit  and at a much much faster rate.     


turn off your old miners.  Keep all your new miners running.





But That would make sense... Just nobody will do that because nobody wants Dust collectors sitting around. 

Again.. it comes back to Uncommon Sense

Give Respect , Get Respect
MrGreenHat
Full Member
***
Offline Offline

Activity: 173
Merit: 100


View Profile
November 21, 2014, 05:08:19 AM
 #19951

Is it possible we could have our first ever decrease in difficulty the next difficulty change?

Very possible!

We'll see...

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,303,871,431 (+0.01%)
Adjust time:   After 1748 Blocks, About 12.1 days
Hashrate(?):   285,000,092 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated:   14:10 (14.2 minutes ago)

There's been decreases in difficulty before, it's just been awhile.






and I doubt that We willl have any anytime soon.  New Hardware = thousands more buying and thousands more turning on thus doubling the diff and decreasing the cost/BTC.       


I suspect we wont have any drops for like a year when new Hardware stops being developed and bought.  In the meantime.   Expect to get shut out of the game due to diff rise.   


Wether I pay for hydro or not.    I will enver stop.  Sicne BTc are my only source of income.




All these calculations ad stuff.. more miners.. better and faster profit.. but since u add more u increase the diff more.    making profit harder to get.



When if the whole Bitcoin network(which they will never ever do because they dont have common sense)   turned off 10-20% of their miners.  the Difficulty would probably drop back to the 20s it was at like 18 a few months back... now its at 40. 

turn of 10-20% of all miners on the bitcoin network.  and we willl probably get  back their DOUBLING everyone profit  and at a much much faster rate.     


turn off your old miners.  Keep all your new miners running.





But That would make sense... Just nobody will do that because nobody wants Dust collectors sitting around. 

Again.. it comes back to Uncommon Sense
I'm beginning to wonder if you have any common sense. Why would anyone have any incentive to turn off 10-20% of their miners when they have no idea in actuality that every other miner is doing the same thing? Any miner who chooses not to turn off their rigs will have a 10-20% increase in their chance of finding blocks during your brilliant "difficulty manipulation theory".
slush
Legendary
*
Offline Offline

Activity: 1372
Merit: 1019



View Profile WWW
November 21, 2014, 01:19:25 PM
 #19952

Last time, one of my miners died for 8 hours during a long block, i was able to get it mining again during the last few hours until it solved the block. I think the block took like 14 hours or so. My payout was still same as usual as before if I was mining there 24/7.

...

Score system at it's finest...

Actually it's a feature. I recommend to read https://beta.mining.bitcoin.cz/user-manual/rewards and especially understand the first graph there. You cannot systematically "abuse" the pool like this, because you never know when the round ends...

slush
Legendary
*
Offline Offline

Activity: 1372
Merit: 1019



View Profile WWW
November 21, 2014, 01:24:46 PM
 #19953

ooc has a good blog post on slush's pool from quite awhile ago that is good reading.
http://howtohop.blogspot.ca/2012/03/how-to-hop-part-1-slushs-pool.html

This post from 2012 is quite obsolete, lot of things changed in the meantime. The main difference between current scoring system and ooc's analysis is that the score is continuous, and there's nothing like edge of the round when score is restarted back from zero. That was the major downside of old scoring method, because it made pool hoppable.

I recommend to read very detailed description of current scoring method here: https://beta.mining.bitcoin.cz/user-manual/rewards

Moria843
Sr. Member
****
Offline Offline

Activity: 439
Merit: 250


Found Lost beach - quiet now


View Profile
November 21, 2014, 01:29:56 PM
 #19954

Trying to "beat" the system is like trying to predict the future. Good luck! - That's what you need Cry

Hot time, summer in the city, back of my mine getting hot & gritty!!!
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000


View Profile
November 21, 2014, 01:53:53 PM
 #19955

ooc has a good blog post on slush's pool from quite awhile ago that is good reading.
http://howtohop.blogspot.ca/2012/03/how-to-hop-part-1-slushs-pool.html

This post from 2012 is quite obsolete, lot of things changed in the meantime. The main difference between current scoring system and ooc's analysis is that the score is continuous, and there's nothing like edge of the round when score is restarted back from zero. That was the major downside of old scoring method, because it made pool hoppable.

I recommend to read very detailed description of current scoring method here: https://beta.mining.bitcoin.cz/user-manual/rewards
Excellent, thank you very much slush. When did you implement the change from the straight exponential to the moving average?
ipoop2much
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
November 21, 2014, 02:31:23 PM
 #19956

ooc has a good blog post on slush's pool from quite awhile ago that is good reading.
http://howtohop.blogspot.ca/2012/03/how-to-hop-part-1-slushs-pool.html

This post from 2012 is quite obsolete, lot of things changed in the meantime. The main difference between current scoring system and ooc's analysis is that the score is continuous, and there's nothing like edge of the round when score is restarted back from zero. That was the major downside of old scoring method, because it made pool hoppable.

I recommend to read very detailed description of current scoring method here: https://beta.mining.bitcoin.cz/user-manual/rewards

Wow....it's like the hand of God reached down from the Heavens....and gave a big *whack* across the face  Embarrassed  Priceless....

 Wink Slush is back!!!
kkurtmann
Sr. Member
****
Offline Offline

Activity: 475
Merit: 250



View Profile WWW
November 21, 2014, 07:21:16 PM
 #19957

All hail the Bitcoin God, his name is Slush.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Tazza
Jr. Member
*
Offline Offline

Activity: 41
Merit: 0


View Profile
November 22, 2014, 02:00:41 AM
 #19958

Love the stats page on the new site.

Blew my mind that the highest number of users in a given sector are still battling away at 125-250Mh/s. Also wondering who that one bastard is with 2.5Ph/s heh.
Billbags
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250

Brainwashed this way


View Profile
November 22, 2014, 02:34:34 AM
 #19959

^ You just created page #1000 in this thread.....crazy Tongue  Thread started on November 27, 2010, 01:45:41 PM.

Slush's first newbie post on Bitcointalk.org......he came in swinging and yelling "what's wrong with this crap mining software"

Slush
3378     Bitcoin / Mining software (miners) / Re: A new miner written in Java, should be faster than m0mchil's    on: November 10, 2010, 09:18:20 PM
Hi, what I'm doing wrong?

Code:
C:\Users\myname\xxx>dir
 Volume in drive C has no label.
 Volume Serial Number is FCC4-B48E

 Directory of C:\Users\myname\xxx

10.11.2010  22:14    <DIR>          .
10.11.2010  22:14    <DIR>          ..
10.11.2010  22:04               160 DiabloMiner-Linux.sh
10.11.2010  22:04               161 DiabloMiner-OSX.sh
10.11.2010  22:04               162 DiabloMiner-Solaris.sh
10.11.2010  22:04            35 147 LICENSE
10.11.2010  22:04               759 README
10.11.2010  22:14    <DIR>          target
               5 File(s)         36 389 bytes
               3 Dir(s)  1 469 357 600 768 bytes free

C:\Users\myname\xxx>java -cp target/libs/*:target/DiabloMiner-0.0.1-SNAPSHOT.jar -Djava.library.path=target/libs/natives/windows com.diablominer.DiabloMiner.DiabloMiner
Exception in thread "main" java.lang.NoClassDefFoundError: com/diablominer/DiabloMiner/DiabloMiner
Caused by: java.lang.ClassNotFoundException: com.diablominer.DiabloMiner.DiabloMiner
        at java.net.URLClassLoader$1.run(Unknown Source)
        at java.security.AccessController.doPrivileged(Native Method)
        at java.net.URLClassLoader.findClass(Unknown Source)
        at java.lang.ClassLoader.loadClass(Unknown Source)
        at sun.misc.Launcher$AppClassLoader.loadClass(Unknown Source)
        at java.lang.ClassLoader.loadClass(Unknown Source)
Could not find the main class: com.diablominer.DiabloMiner.DiabloMiner.  Program will exit.


NOTE: Looks like 17 days later he rewrote everything and started pool mining right along with this thread.......

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
kkurtmann
Sr. Member
****
Offline Offline

Activity: 475
Merit: 250



View Profile WWW
November 22, 2014, 03:38:55 AM
 #19960

Nice bit of BTC history you found there Billbags.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
Pages: « 1 ... 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 [998] 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 ... 1142 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!