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Question: What type of pool payouts do you prefer?
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Author Topic: [2.5+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4325841 times)
rpandassociates
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January 15, 2015, 04:27:06 PM
 #20341

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 !
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rpandassociates
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January 15, 2015, 04:34:24 PM
 #20342

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
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January 15, 2015, 05:27:42 PM
 #20343

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.
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January 15, 2015, 09:15:48 PM
 #20344

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!

Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
kano
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January 15, 2015, 09:36:49 PM
 #20345

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.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
pekatete
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January 15, 2015, 10:16:55 PM
 #20346

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.

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January 15, 2015, 10:24:50 PM
 #20347

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.
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January 15, 2015, 10:27:09 PM
 #20348

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
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January 15, 2015, 10:37:27 PM
 #20349

Good catch pekatete.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
kano
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January 15, 2015, 10:56:54 PM
 #20350

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.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
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January 15, 2015, 11:21:53 PM
 #20351

I only trust Chinese pools like Antpool, F2Pool, BTCChina,  Very consistent in finding blocks on daily basis. 

Beside,  even if they scam for 2-3 blocks per day,  small miners like me won't get hurt.

On smaller pools,  if the pool operator takes 1-2 blocks per day... it's a big chunk gone and will hurt small miners big time.


Beside that I see more and more blocks with IP addresses on blockchain than the pool name attached to it.


F2Pool    129
AntPool    74
GHash.IO    54
BTCChina Pool    39
BTC Guild    35
KnCMiner    28
Eligius    21
Unknown with 1AcAj9p Address    19
Slush    10
Megabigpower    5
BitMinter    5
P2Pool    4
Bitcoin Affiliate Network    4
MegaBigPower    3
Unknown with 1BwZeHJ Address    2
mmpool    1

Unknown Blocks.
Relayed By    count
212.126.14.122    20
69.157.250.149    15
108.61.166.183    10
88.198.6.235    7
192.237.217.160    7
100.38.32.91    7
98.167.17.122    4
85.195.114.243    4
66.194.38.253    4
211.149.223.99    4
211.149.217.191    4
94.242.222.215    3
85.17.4.212    3
178.79.179.49    3
78.110.175.69    2
54.69.104.67    2
37.34.58.203    2
104.200.24.180    2
89.212.15.202    1
83.150.9.196    1
83.149.248.80    1
81.181.155.180    1
74.87.146.62    1
66.175.218.237    1
62.210.90.95    1
50.188.192.133    1
50.116.59.118    1
5.9.156.134    1
5.9.123.81    1
46.28.204.193    1
216.49.158.161    1
192.187.98.90    1
192.146.137.1    1
192.121.166.20    1
192.0.130.142    1
178.79.131.32    1
173.254.235.34    1
148.251.83.196    1
148.251.1.119    1
142.4.212.168    1
135.23.200.5    1
108.16.2.175    1
104.236.22.62    1
104.130.124.44    1
kano
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January 15, 2015, 11:27:26 PM
 #20352

I only trust Chinese pools like Antpool, F2Pool, BTCChina,  Very consistent in finding blocks on daily basis. 
...
And there you have clearly pointed out your complete lack of understanding of the statistics of bitcoin mining.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
pikachuy
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January 15, 2015, 11:36:52 PM
 #20353

I only trust Chinese pools like Antpool, F2Pool, BTCChina,  Very consistent in finding blocks on daily basis. 
...
And there you have clearly pointed out your complete lack of understanding of the statistics of bitcoin mining.

Its ok kano, don't feed the troll. Sometimes it's not worth teaching a homeless man to fish. Let them learn to fish on their own or until they are willing to learn. Until then, you'll be talking to a brick wall until their mind is opened.

█ BTC: 32aWPuC6oLREi1LWWrEinnzGaV4w28Pzwb
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January 15, 2015, 11:39:49 PM
 #20354

That's why BTC China,  Only twice the size of Slush,  finds 10+ blocks everyday!

Which proves my theory...  1 block per 2 Pentahash Per day!  

F2Pool 67 Pentahash = Should be 33 Blocks per day
Slush 10 Pentahash = Should be 5 Blocks Average per day
BTCChina 23 Pentahash = 10 Blocks Average per day
Antpool  42 Pentahash = 20 Blocks average per day
Bitcoin Aff Network = 2-3 Pentahash = 1 - 2 Block per day average
Bitminter = 1.8 Pentahash  = 1 Block per day
Ghash I.O  40 Pentahash = 20 Blocks per day average

Kano - I don't see your pool name on blockchain... What's up with that? Smiley
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January 15, 2015, 11:45:42 PM
 #20355

That's why BTC China,  Only twice the size of Slush,  finds 10+ blocks everyday!

Which proves my theory...  1 block per 2 Pentahash Per day!  

F2Pool 67 Pentahash = Should be 33 Blocks per day
Slush 10 Pentahash = Should be 5 Blocks Average per day
BTCChina 23 Pentahash = 10 Blocks Average per day
Antpool  42 Pentahash = 20 Blocks average per day
Bitcoin Aff Network = 2-3 Pentahash = 1 - 2 Block per day average
Bitminter = 1.8 Pentahash  = 1 Block per day
Ghash I.O  40 Pentahash = 20 Blocks per day average

Kano - I don't see your pool name on blockchain... What's up with that? Smiley

Would 2 Pentahash be 10 hashes?
kano
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January 16, 2015, 01:10:41 AM
 #20356

Quote
Kano - I don't see your pool name on blockchain... What's up with that? Smiley

https://github.com/blockchain/Blockchain-Known-Pools/issues/20

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
kkurtmann
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January 16, 2015, 01:20:26 AM
 #20357

That's why BTC China,  Only twice the size of Slush,  finds 10+ blocks everyday!

Which proves my theory...  1 block per 2 Pentahash Per day!  

F2Pool 67 Pentahash = Should be 33 Blocks per day
Slush 10 Pentahash = Should be 5 Blocks Average per day
BTCChina 23 Pentahash = 10 Blocks Average per day
Antpool  42 Pentahash = 20 Blocks average per day
Bitcoin Aff Network = 2-3 Pentahash = 1 - 2 Block per day average
Bitminter = 1.8 Pentahash  = 1 Block per day
Ghash I.O  40 Pentahash = 20 Blocks per day average

Kano - I don't see your pool name on blockchain... What's up with that? Smiley

Would 2 Pentahash be 10 hashes?

Indeed it would

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
kkurtmann
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January 16, 2015, 02:42:21 AM
 #20358

When I started mining, it was all kilohash and megahash. I was too late for the centahash and pentahash days.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
poorsnail
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January 16, 2015, 04:07:21 AM
 #20359

thankyou, That answers the question Smiley


very strange, the chinese pool was able to change it's name from "Discus Fish" to "F2 Pool".

Maybe chinese have more connections to blockchain, lol Smiley
kkurtmann
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January 16, 2015, 05:07:54 AM
 #20360

thankyou, That answers the question Smiley


very strange, the chinese pool was able to change it's name from "Discus Fish" to "F2 Pool".

Maybe chinese have more connections to blockchain, lol Smiley

Ok. Now you're just being silly.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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