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

[Searing]

Wow 40 hours without a block. This is the longest I have seen. Anyone one ever remember a block taking more than 40 hours at Slush before? I think this might be a record.
Time to find my dancing shoes and get the rain dance started.

the block before was also 11 hrs plus if i remember right...so the pair of them may also be the longest

but yeah i think this is the longest i've seen (or heard of) others?

[1714202037]

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[kano]

The amount of time the block takes is not relevant.

What is relevant is the % difficulty the current share diff found is.
So currently network diff is 43971662056.08957672

800% is very rare CDF 0.000335
1000% is extremely rare CDF 0.0000454

I've seen >1000% probably a couple of times before on large pools.

So ... work it out based on the %, not the time.

[cdjbolton]

Hi everyone.

Tough times at the moment 

I have been mining with slush since the very beginning of my mining journey, we started back in February of 2014 and never left.

We currently have around 18TH and we are struggling to keep the mining operation going, I was wondering if anyone had any advice on other pools i could try.

Im looking at either trying eligius or antpool, could anyone give me any advice or point me in the right direction i would appreciate it, as i don't want to jump ship, but it looks like i may have too as with how low the BTC value is at the moment, i cant afford to ride out these really bad luck days.

Any advice is greatly appreciated.

Also happy new year all you slushers been doing the rain dance that long im all danced out.

If you are looking for a more consistent payout then you might want to look into one of the PPS pools in the mining subgroup. You might make a little less overall but you will receive a more consistent payout that you can count on.

Thanks for the advice, is there any pools people could recommend.

I am going to stay with slush till tonight and if there is still no change i think i will have too jump ship

Although i will miss the rush of slush and the community has always been good.

[pekatete]

1 day, 17:43:34 with pool luck of 13% (I don't get that last bit .... more like 1% to me) - better not be an invalid one!

[tommymal83]

wow that was a long one, never known it to be this long

[pekatete]

wow that was a long one, never known it to be this long

Tell me about it .... looks like there was a blockage somewhere, cause it did not take long after that was out of the way before another one popped in!

[dox-ua]

wow that was a long one, never known it to be this long

already another one found )

[SargeR33]

Maybe I'll come back when the btc is a little more stable. At the rate slush's has found blocks, I'd be paying 10x what I would have earned for these last two blocks than I would have in power to find them.

[greek_hephaestus]

First pool Betarigs with targeted price, then
Sesond pool nicehash
Third pool ghash.io

Hi everyone.

Tough times at the moment 

I have been mining with slush since the very beginning of my mining journey, we started back in February of 2014 and never left.

We currently have around 18TH and we are struggling to keep the mining operation going, I was wondering if anyone had any advice on other pools i could try.

Im looking at either trying eligius or antpool, could anyone give me any advice or point me in the right direction i would appreciate it, as i don't want to jump ship, but it looks like i may have too as with how low the BTC value is at the moment, i cant afford to ride out these really bad luck days.

Any advice is greatly appreciated.

Also happy new year all you slushers been doing the rain dance that long im all danced out.

[jterry211]

Just love when people run for the hills when we hit a rough patch. 

JT

[rpandassociates]

23416   2015-01-15 12:52:45   0:29:40            .005BTC okay thats nice but not if theres another 2day block to folllow
23415   2015-01-15 12:23:05   1 day, 17:43:34 .005BTC sorry thats unacceptable

previous cpl days
23414   2015-01-13 18:39:31   11:29:28  .005BTC
23413   2015-01-13 07:10:03   18:00:05  .005BTC

23412   2015-01-12 13:09:58   7:59:20    .005BTC

SO thats a whopping .025 BTC for like 80hrs
80hrs x .10kwh per hr electricity cost x 3.5 per hr kwh
$.35 per hr x 80 hrs like $28 for .025 BTC NOT GOOD

I am now mining at http://mining.bitcoinaffiliatenetwork.com/
averages .034BTC per day with 3.5THs plus dome doge and NMC on the side

Yes indeed here at slushes 6-8 blocks and I make more
Higher risk higher reward
But lately man slush your killing me
Last month instead of earning my average $270+ I only brought in $180
This month at this rate would be even worse......!
Sorry have been a long time slush fan but i cannot afford to keep mining here I will be back when you start averaging 4hr block times no more of these 2 day blocks !

[rpandassociates]

Just love when people run for the hills when we hit a rough patch. 

JT

haha rough patch its a rough cpl months. and it boils down to we have to earn more than we spend in electricity.

With the exception of new years it has been pretty sorry here.

One good day does not offset 30 low paying days. Especially with BTC price in the toilet. Seems like ever since he launched the new website things have taken a turn for the worse.

[MrTeal]

Average generation time (as a multiple of the expected number of shares, IE lower is better)
Jan 04-10: 1.13
Dec 14 - 20: 1.06
Nov 30 - Dec 06: 0.91
Nov 23 - 29: 1.00
Nov 16 - 22: 0.78

Unfortunately OoC doesn't have any stats for the 2 Christmas weeks (slacker!), but my quick calculation shows generation time for those weeks were 0.96 and 1.01. Slush's luck over the last couple months is just a bit better than neutral.

[hennessyhemp]

I'm really hoping we found our bottom yesterday, because paying for equipment that isn't paying for itself is not fun.  And if we have some of the most efficient ones around...everyone is hurting right now...looking forward to some multi-million dollar farms going dark and flooding the market with cheap rigs...then it's back to home mining!

[kano]

Average generation time (as a multiple of the expected number of shares, IE lower is better)
Jan 04-10: 1.13
Dec 14 - 20: 1.06
Nov 30 - Dec 06: 0.91
Nov 23 - 29: 1.00
Nov 16 - 22: 0.78

Unfortunately OoC doesn't have any stats for the 2 Christmas weeks (slacker!), but my quick calculation shows generation time for those weeks were 0.96 and 1.01. Slush's luck over the last couple months is just a bit better than neutral.

Yes what is more stupid is that people don't understand what the pool stats mean and then say "Slush this is your fault we had long blocks"
Long blocks are expected, someone who thinks otherwise really has no idea what they are talking about.

[pekatete]

Yes what is more stupid is that people don't understand what the pool stats mean and then say "Slush this is your fault we had long blocks"
Long blocks are expected, someone who thinks otherwise really has no idea what they are talking about.

In most cases it is not people being stupid, simply ignorant, so your more stupid scenario rarely rears its ugly head.

[poorsnail]

2. PPLNS, Proportional, etc etc... (Ghash.io, Eligius, Kano, Slush, BTC Guild, etc...)

This payment model essentially waits for a block to be mined... then uses some algorithm to distribute the proceeds based on a miner's contribution to the pool. It sounds fine at first however there are some main issues that are unacceptable. This payment model allows the pool to be dishonest. There's nothing stopping a pool from doing a few things.
 1) A pool can choose to not report a block mined to the members of the pool. Essentially it'd allow the pool to keep the 25 bitcoins.
  2) A pool can 'make up' miners and say they did 'x' amount of work or manipulate stats of either their own miners to give itself a bigger share of the 25 btc.
  3) You have to 'trust' that the pool operator(s) are being honest about the statistics.

Simply put, I do not trust the pool operators.

[pekatete]

2. PPLNS, Proportional, etc etc... (Ghash.io, Eligius, Kano, Slush, BTC Guild, etc...)

This payment model essentially waits for a block to be mined... then uses some algorithm to distribute the proceeds based on a miner's contribution to the pool. It sounds fine at first however there are some main issues that are unacceptable. This payment model allows the pool to be dishonest. There's nothing stopping a pool from doing a few things.
 1) A pool can choose to not report a block mined to the members of the pool. Essentially it'd allow the pool to keep the 25 bitcoins.
  2) A pool can 'make up' miners and say they did 'x' amount of work or manipulate stats of either their own miners to give itself a bigger share of the 25 btc.
  3) You have to 'trust' that the pool operator(s) are being honest about the statistics.

Simply put, I do not trust the pool operators.

In most cases it is not people being stupid, simply ignorant, so your more stupid scenario rarely rears its ugly head.

I spoke too soon .....

[kkurtmann]

Good catch pekatete.

[kano]

2. PPLNS, Proportional, etc etc... (Ghash.io, Eligius, Kano, Slush, BTC Guild, etc...)

This payment model essentially waits for a block to be mined... then uses some algorithm to distribute the proceeds based on a miner's contribution to the pool. It sounds fine at first however there are some main issues that are unacceptable. This payment model allows the pool to be dishonest. There's nothing stopping a pool from doing a few things.
 1) A pool can choose to not report a block mined to the members of the pool. Essentially it'd allow the pool to keep the 25 bitcoins.
  2) A pool can 'make up' miners and say they did 'x' amount of work or manipulate stats of either their own miners to give itself a bigger share of the 25 btc.
  3) You have to 'trust' that the pool operator(s) are being honest about the statistics.

Simply put, I do not trust the pool operators.

Except that as I have stated about 1) elsewhere before, stealing the blocks is not likely to succeed, most likely to fail and the OP gets caught and you send the police around to charge them with grand larceny.

The cgminer API and log and stats all show when you find a block.
Who doesn't notice when they find a block?!?

So how is a pool going to steal that block without being caught out?
Well they have no guarantee that they wont be caught ... so 1) is not really an option for a well standing pool.

3) is a repeat of 2) so no point responding to it.

2) is of course a possibility but again, either the pool would have to be stealing a very small %, or the LONG TERM stats would show the pool as being untrustworthy.

However, to respond to your last comment, if you do not trust pool operators, then don't mine on pools.
Mine solo. Simple solution.