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Author Topic: [2.5+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4327331 times)
edonkey
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January 18, 2015, 05:57:48 AM
 #20361

I have mined nonstop here since December,2013. This is just ridiculous. I think Slush lost his mojo. Later  trying GHash.IO, can't be any worse than this bullshit

Ghash.io has more hash power, so there will be less variance. But will you make more in the long run? I doubt it.

Note that this person is running an experiment comparing Slush and Ghash.io real world profitability for two months. It's probably too early to call a winner, but so far Slush is ahead:

https://bitcoinsfaq.wordpress.com/2014/12/19/bitcoin-mining-2-longtime-slush-and-ghash-mining-pool-race-started/#more-93

It's interesting that Slush is ahead even with some pretty bad recent dry spells compared to Ghash.io which is at 40 some odd petahash and as a result is popping blocks on a regular basis.

I know that past luck cannot be a measure of future performance. But there certainly seems to be an anecdotal sense from a number of different sources that Ghash.io is less profitable with 0% fees than some other pools that have fees, like Slush.

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SargeR33
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January 18, 2015, 08:45:56 AM
 #20362

Unless you have big power, any of those chinese pools are going to pay very poorly. I switched my miners back on today, and lucky I got in on 3 blocks found today after a slow painful week.

I've been mining another currency at the moment which when converted to BTC pays better than mining any of those junk chinese pools.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.

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January 18, 2015, 03:43:59 PM
 #20363

Unless you have big power, any of those chinese pools are going to pay very poorly. I switched my miners back on today, and lucky I got in on 3 blocks found today after a slow painful week.

I've been mining another currency at the moment which when converted to BTC pays better than mining any of those junk chinese pools.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.

What other currency are you mining?

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organofcorti
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January 19, 2015, 02:32:02 AM
 #20364

SargeR33, can you explain the following comments?

Unless you have big power, any of those chinese pools are going to pay very poorly.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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MrTeal
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January 19, 2015, 02:33:56 AM
 #20365

Is Ghash even Chinese?
organofcorti
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January 19, 2015, 02:40:54 AM
 #20366

Is Ghash even Chinese?

No, not close. Not even chinese-ish.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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January 19, 2015, 07:08:08 AM
 #20367

SargeR33, can you explain the following comments?

Unless you have big power, any of those chinese pools are going to pay very poorly.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.



Newbs gunna be noobs? Sheep follow herds?  What kind of answer are you seeking here? Because I bet it will be at least as interesting as the ones you were quoting.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
SargeR33
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January 19, 2015, 07:25:29 AM
 #20368

SargeR33, can you explain the following comments?

Unless you have big power, any of those chinese pools are going to pay very poorly.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.



If you have 1thash of power, your payout from f2pool is 0.01097974 per day. With 1thash on power on Slush you will make the same amount with 3 - 4 blocks, depending on pools power and the luck. Apart from the last week, and only the last week, I've made approx .03 - .04 btc per day from Slushs pool. This is not even over a 24hr period. From BFA you will stand to make .012 btc per day and that is not including the bonus if I recall correctly. Sure power to pay scales the higher you go, but like I said, for a small user, you will be slaughtered with power bills running a miner 24hrs a day to earn <$2.50 USD per day. For what, a pool which quite likely insta dumps the btc they find. The pay on Ghash.io is also far too poor to be effective. Honestly I've had better overall luck at MMpool than I have at any of those big dominating pools. Sure you get consistency but its such minute amount its not worth it at all.

I may have made a mistake about ghash.io being a chinese pool, I bought two miners from a local here(who was chinese) and he mined ghash.io because "they're a chinese pool". It took him 6 months of mining ghash.io 24/7 with 2.25thash to break even with his miners cost, this does not include power. This was factoring in my purchase off him too.

I've read here many times that those Chinese pools are a problem. I don't think btc is being treated the way it was intended to be. Its severely abused. Especially when you can find miners being dumped on eBay from China as "Brand new" when you know they have been thrashed and run non stop for who knows how long.

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January 19, 2015, 07:30:36 AM
 #20369


Well I'm out on slush pool for now.....except for the week or so of the paycoin POW (at 10x BTC at the time) have been with them from
Oct 18th 2013 with my KNC 550gh Jupiter and made almost exactly 50 btc as a result (still holding boy I'm dumb) anyway just shut it
off on Jan 18th 2015 (could run it a bit longer made a dandy space heater!) but even with that just don't fly to run vs 15c kwh elec
anymore at these prices and difficulty

I'll probably come back IF and I mean a big IF I ever home mine BTC again ..it does not seem likely

anyway thanks slush hopefully will catch your pool again on the rebound in the future with something new btc equip wise

Searing


p.s. I'm sure my 550gh I have just 'yanked' will increase everyones profit from my *ahem* adding to the drop in difficulty
'your welcome' lol Smiley















 

 

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kkurtmann
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January 19, 2015, 07:37:50 AM
 #20370

SargeR33, can you explain the following comments?

Unless you have big power, any of those chinese pools are going to pay very poorly.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.



If you have 1thash of power, your payout from f2pool is 0.01097974 per day. With 1thash on power on Slush you will make the same amount with 3 - 4 blocks, depending on pools power and the luck. Apart from the last week, and only the last week, I've made approx .03 - .04 btc per day from Slushs pool. This is not even over a 24hr period. From BFA you will stand to make .012 btc per day and that is not including the bonus if I recall correctly. Sure power to pay scales the higher you go, but like I said, for a small user, you will be slaughtered with power bills running a miner 24hrs a day to earn <$2.50 USD per day. For what, a pool which quite likely insta dumps the btc they find. The pay on Ghash.io is also far too poor to be effective. Honestly I've had better overall luck at MMpool than I have at any of those big dominating pools. Sure you get consistency but its such minute amount its not worth it at all.

I may have made a mistake about ghash.io being a chinese pool, I bought two miners from a local here(who was chinese) and he mined ghash.io because "they're a chinese pool". It took him 6 months of mining ghash.io 24/7 with 2.25thash to break even with his miners cost, this does not include power. This was factoring in my purchase off him too.

I've read here many times that those Chinese pools are a problem. I don't think btc is being treated the way it was intended to be. Its severely abused. Especially when you can find miners being dumped on eBay from China as "Brand new" when you know they have been thrashed and run non stop for who knows how long.

Seems I almost spoke too soon.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
organofcorti
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January 19, 2015, 07:44:06 AM
 #20371

SargeR33, can you explain the following comments?

Unless you have big power, any of those chinese pools are going to pay very poorly.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.



Newbs gunna be noobs? Sheep follow herds?  What kind of answer are you seeking here? Because I bet it will be at least as interesting as the ones you were quoting.

I'm always interested in the things on which people base their assumptions. "Chinese pools are bad" is a new one on me so I wanted to see if it was part of a new anti-chinese bitcoin movement or something.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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organofcorti
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January 19, 2015, 07:48:09 AM
 #20372

SargeR33, can you explain the following comments?

Unless you have big power, any of those chinese pools are going to pay very poorly.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.



If you have 1thash of power, your payout from f2pool is 0.01097974 per day. With 1thash on power on Slush you will make the same amount with 3 - 4 blocks, depending on pools power and the luck. Apart from the last week, and only the last week, I've made approx .03 - .04 btc per day from Slushs pool. This is not even over a 24hr period. From BFA you will stand to make .012 btc per day and that is not including the bonus if I recall correctly. Sure power to pay scales the higher you go, but like I said, for a small user, you will be slaughtered with power bills running a miner 24hrs a day to earn <$2.50 USD per day. For what, a pool which quite likely insta dumps the btc they find. The pay on Ghash.io is also far too poor to be effective. Honestly I've had better overall luck at MMpool than I have at any of those big dominating pools. Sure you get consistency but its such minute amount its not worth it at all.

I may have made a mistake about ghash.io being a chinese pool, I bought two miners from a local here(who was chinese) and he mined ghash.io because "they're a chinese pool". It took him 6 months of mining ghash.io 24/7 with 2.25thash to break even with his miners cost, this does not include power. This was factoring in my purchase off him too.

I've read here many times that those Chinese pools are a problem. I don't think btc is being treated the way it was intended to be. Its severely abused. Especially when you can find miners being dumped on eBay from China as "Brand new" when you know they have been thrashed and run non stop for who knows how long.


I haven't read anything about Chinese pools being bad. In fact, all I hear about AntPool, for example, are good things. I could be wrong, so can you post some links you mention reading (about Chinese pools being a problem)?

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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January 19, 2015, 08:21:47 AM
 #20373

SargeR33, can you explain the following comments?

Unless you have big power, any of those chinese pools are going to pay very poorly.

If you support those chinese pools(f2pool, ghash, btc china etc) you're part of the problem btc is facing. Get out of there.



Newbs gunna be noobs? Sheep follow herds?  What kind of answer are you seeking here? Because I bet it will be at least as interesting as the ones you were quoting.

I'm always interested in the things on which people base their assumptions. "Chinese pools are bad" is a new one on me so I wanted to see if it was part of a new anti-chinese bitcoin movement or something.

Noobs gunna be nubes, you already knew that part. As far as sheeps and herds, look no further than reddit's r/bitcoin, and there's your answer. Nothing new to see here, move along folks. My bet is won.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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January 19, 2015, 05:07:55 PM
 #20374

23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 

No reward?

I am poor, but i do work for Coin Smiley
1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM
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January 19, 2015, 05:12:13 PM
 #20375

23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 

No reward?
I got a reward. Are you sure you were mining at the end of the block?
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January 19, 2015, 05:30:58 PM
 #20376

23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 

No reward?
I got a reward. Are you sure you were mining at the end of the block?

My miner never turned off as far as I know....

23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418  25.02145808 confirmed 
23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 
23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214  25.20955590 confirmed 

I am poor, but i do work for Coin Smiley
1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM
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January 19, 2015, 05:37:30 PM
 #20377

23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 

No reward?
I got a reward. Are you sure you were mining at the end of the block?

My miner never turned off as far as I know....

23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418  25.02145808 confirmed 
23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 
23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214  25.20955590 confirmed 

23422 - 570904/111674000562=5.11e-6
23421 - 527624/145118640763=3.636e-6
23420 - 473827/78629110635=6.026e-6

For the earliest block you made up 0.0006% of the pool's hashrate (I'm guessing around 60GH/s?). That dropped considerably in the next block, and was still down in the block after that. If I had to guess, I'd say your miner went offline a little more than halfway through 23421, and didn't reconnect until sometime in 23422.
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January 19, 2015, 08:27:14 PM
 #20378

23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 

No reward?
I got a reward. Are you sure you were mining at the end of the block?

My miner never turned off as far as I know....

23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418  25.02145808 confirmed 
23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 
23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214  25.20955590 confirmed 

23422 - 570904/111674000562=5.11e-6
23421 - 527624/145118640763=3.636e-6
23420 - 473827/78629110635=6.026e-6

For the earliest block you made up 0.0006% of the pool's hashrate (I'm guessing around 60GH/s?). That dropped considerably in the next block, and was still down in the block after that. If I had to guess, I'd say your miner went offline a little more than halfway through 23421, and didn't reconnect until sometime in 23422.

You don't have to guess. You nailed it bang on.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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January 20, 2015, 12:27:43 AM
 #20379

23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 

No reward?
I got a reward. Are you sure you were mining at the end of the block?

My miner never turned off as far as I know....

23422 2015-01-18 01:30:35 14:39:21 111674000562 570904 0.00015393 339418  25.02145808 confirmed 
23421 2015-01-17 10:51:14 19:43:13 145118640763 527624 none 339327  25.17548613 confirmed 
23420 2015-01-16 15:08:01 10:10:12 78629110635 473827 0.00015092 339214  25.20955590 confirmed 

23422 - 570904/111674000562=5.11e-6
23421 - 527624/145118640763=3.636e-6
23420 - 473827/78629110635=6.026e-6

For the earliest block you made up 0.0006% of the pool's hashrate (I'm guessing around 60GH/s?). That dropped considerably in the next block, and was still down in the block after that. If I had to guess, I'd say your miner went offline a little more than halfway through 23421, and didn't reconnect until sometime in 23422.

You don't have to guess. You nailed it bang on.

Shitty internet then must of Disconnected... son of a gun.. my small miners are at Slush my big miner is over on Antpool :p

I am poor, but i do work for Coin Smiley
1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM
kkurtmann
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January 20, 2015, 07:59:34 AM
 #20380

Yes, your miners must have disconnected from the internet if they did not power off.

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