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Question: What type of pool payouts do you prefer?
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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3931811 times)
pekatete
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June 30, 2015, 01:39:34 PM
 #21001


Just like I thought ..... he's ALWAYS on the ball ..... and seems like a few PH just returned too! Here's to luck continuing to do its thing.
I don't think that's called "on the ball".
Done in time - yes.
On the ball - no.

Semantics really, but if switching over to v3 is literally that (turning a switch), then he'd have had to do the wiring for the switch beforehand for v3 to turn on when the switch is flicked (I'd say that's being on the ball). That slush switched over in (and on) time is a bonus to faint hearted mining there....

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TheRealSteve
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June 30, 2015, 03:07:53 PM
 #21002

Just got a statement on luck in the mail (newsletter).  Online version: https://mining.bitcoin.cz/mailing/newsletter/ee6e9ec82dac/

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June 30, 2015, 06:53:43 PM
 #21003

Just got a statement on luck in the mail (newsletter).  Online version: https://mining.bitcoin.cz/mailing/newsletter/ee6e9ec82dac/

Too little too late imo, been at Antpool since 19th June, tired of the up and downs, this last down was the nail in the coffin for me at Slush.
Especially after seeing "Please note our core systems have not been touched in months."
This absolutely does not fill me with energy and confidence in regards to Slush.

Once again slow to move and upgrade,  ultimately it just looks like the Slush management are slow to move everytime and that hurts miners.
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June 30, 2015, 07:29:10 PM
 #21004

Especially after seeing "Please note our core systems have not been touched in months."
This absolutely does not fill me with energy and confidence in regards to Slush.
Do you prefer someone braking it every day or two?
It means the system is stable and doesn't need much attention, which is a good thing IMHO
As stated in the email there is a lot of work being done, but probably on a test system and Slush will make it live when its ready and triple-checked, so nothing will be broken on core system

BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
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June 30, 2015, 07:39:44 PM
 #21005

Its not about people breaking it or breaking in, we are talking about months here, genuinely they should have had this in hand.
But its all good, its a moot point now, version 3 running, finally they getting multipooling going, hey all good.
hope they keep the 12.5petahash
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July 01, 2015, 05:33:48 AM
 #21006

I stayed put through the whole low luck period with a few miners just to see what happened. The rewards almost doubled so the end result was roughly the same. The only thing I was unable to do was time the payout as precisely.
tarzan2
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July 01, 2015, 06:08:59 AM
 #21007

I stayed put through the whole low luck period with a few miners just to see what happened. The rewards almost doubled so the end result was roughly the same. The only thing I was unable to do was time the payout as precisely.

Rewards were doubled but blocks were 0.. I stayed with all my mining force didn't budge at all and theres like 3-4 days with no pay at all and maybe 10 days with 1 block but even at double that's not by any means good pay

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organofcorti
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July 01, 2015, 07:37:49 AM
 #21008

Just got a statement on luck in the mail (newsletter).  Online version: https://mining.bitcoin.cz/mailing/newsletter/ee6e9ec82dac/

Too little too late imo, been at Antpool since 19th June, tired of the up and downs, this last down was the nail in the coffin for me at Slush.
Especially after seeing "Please note our core systems have not been touched in months."
This absolutely does not fill me with energy and confidence in regards to Slush.

Once again slow to move and upgrade,  ultimately it just looks like the Slush management are slow to move everytime and that hurts miners.

I'm probably mis-reading you, but are you saying that Slush's management have been slow to correct the luck - you know that's not going to happen, yes? You know that the reason you're rewards are closer to normal at a big pool is that you're at a big pool and hence less variance?

Finally, if you do move to a large pool because of variance then you're doing exactly what other miners did when they moved to GHash.IO because of variance on smaller pools - they increased network centralisation significantly.


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tarzan2
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July 01, 2015, 07:47:27 AM
 #21009

Correct me if I'm wrong.. The way i see it slushies have had to eat a loss lately, but since over a large enough sample luck returns to 100%. Therefore we should, with any luck, pun pretended) be making a comeback with crazy bitcoin gains whereas we are made whole.. Or is this something to occur very slowly and unpredictably unsteadily as we forget this month of poverty with like 101% luck for a year?

My knowledge of statistics is weak. I consider it more witchcraft than math.. I was trying tarrot cards on the blockchain but my aura is off due to bad luck.. It ain't math don't lie. Math is sensible

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organofcorti
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July 01, 2015, 07:58:47 AM
 #21010

Correct me if I'm wrong.. The way i see it slushies have had to eat a loss lately, but since over a large enough sample luck returns to 100%. Therefore we should, with any luck, pun pretended) be making a comeback with crazy bitcoin gains whereas we are made whole.. Or is this something to occur very slowly and unpredictably unsteadily as we forget this month of poverty with like 101% luck for a year?

My knowledge of statistics is weak. I consider it more witchcraft than math.. I was trying tarrot cards on the blockchain but my aura is off due to bad luck.. It ain't math don't lie. Math is sensible

I examined some goat entrails and also consulted the magic knucklebones. The probability of the luck of the last 100 rounds at Slush's pool or worse is 0.9631468, which means we'd expect to see the same luck or worse once every 27 re-runs of the last 100 rounds. Not very unlikely.

It's worthwhile keeping track of pool luck - it's how I showed that luck at GHash.IO was impossibly low, after which they found they'd been a victim of some sort of exploit.

Right now at Slush's pool I'm not seeing anything I haven't seen many times before. I don't see any reason to not mine here unless you can't handle variance, in which case mine at a PPS pool or a large pool and try to not think about how you're increasing bitcoin mining centralisation.


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tarzan2
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July 01, 2015, 08:03:58 AM
 #21011

Hmm and a hundred rounds at the slushden is what like ~20 days right? So that's like once a year or so .. I can live with it..

I'm curious how you did that magic tho.. Where did 0.963.. come from? Does it vary significantly by pool? Which pool has the best stats for this? Are you a wizard and did you go to Hogwarts?
Thanks

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organofcorti
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July 01, 2015, 08:13:51 AM
 #21012

Hmm and a hundred rounds at the slushden is what like ~20 days right? So that's like once a year or so .. I can live with it..

I'm curious how you did that magic tho.. Where did 0.963.. come from? Does it vary significantly by pool? Which pool has the best stats for this? Are you a wizard and did you go to Hogwarts?
Thanks

Some of your answers are here:
https://bitcointalk.org/index.php?topic=77000.msg3614424#msg3614424
https://bitcointalk.org/index.php?topic=77000.msg10638159#msg10638159

Last time there was a luck freak out at Slush's pool:
https://bitcointalk.org/index.php?topic=1976.msg5071405#msg5071405
https://bitcointalk.org/index.php?topic=1976.msg5151198#msg5151198

There are lots more "luck bad, sky falling" posts I've addressed in most many of the pool threads.

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mooseCavalry
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July 01, 2015, 03:06:11 PM
 #21013

Better luck (lately) seems to correlate with slush's switch to version 3 blocks. Is there a technical explanation for this?
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July 01, 2015, 03:22:03 PM
 #21014

Better luck (lately) seems to correlate with slush's switch to version 3 blocks. Is there a technical explanation for this?

Recipe:
1/3 tbsp. of black magic
2 lumps of superstition
a pinch of voodoo
3 tsp. of random
and a gallon of confirmation bias.

Mix vigorously.


For an extra kick, pour in gambler's fallacy until mixture thickens.

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organofcorti
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July 01, 2015, 03:37:51 PM
 #21015

Better luck (lately) seems to correlate with slush's switch to version 3 blocks. Is there a technical explanation for this?

Recipe:
1/3 tbsp. of black magic
2 lumps of superstition
a pinch of voodoo
3 tsp. of random
and a gallon of confirmation bias.

Mix vigorously.


For an extra kick, pour in gambler's fallacy until mixture thickens.

And a clear illustration of "any sufficiently advanced technology is indistinguishable from magic".

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jonnybravo0311
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July 02, 2015, 12:34:01 AM
 #21016

Better luck (lately) seems to correlate with slush's switch to version 3 blocks. Is there a technical explanation for this?

Recipe:
1/3 tbsp. of black magic
2 lumps of superstition
a pinch of voodoo
3 tsp. of random
and a gallon of confirmation bias.

Mix vigorously.


For an extra kick, pour in gambler's fallacy until mixture thickens.

And a clear illustration of "any sufficiently advanced technology is indistinguishable from magic".

As soon as people simply accept that technology IS magic, we'll all happily move along with our lives.  Hey, how does that mobile phone work?  Magic!  Oh, how does that 4K tv work?  Why, magic of course!

See how much easier that is? Tongue

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kano
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July 02, 2015, 08:48:23 AM
 #21017

Better luck (lately) seems to correlate with slush's switch to version 3 blocks. Is there a technical explanation for this?

Recipe:
1/3 tbsp. of black magic
2 lumps of superstition
a pinch of voodoo
3 tsp. of random
and a gallon of confirmation bias.

Mix vigorously.


For an extra kick, pour in gambler's fallacy until mixture thickens.

And a clear illustration of "any sufficiently advanced technology is indistinguishable from magic".

... to those who don't understand it ...
Though really these days there is no excuse for not understanding ...

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
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tarzan2
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July 02, 2015, 09:57:50 AM
 #21018

Better luck (lately) seems to correlate with slush's switch to version 3 blocks. Is there a technical explanation for this?

Recipe:
1/3 tbsp. of black magic
2 lumps of superstition
a pinch of voodoo
3 tsp. of random
and a gallon of confirmation bias.

Mix vigorously.


For an extra kick, pour in gambler's fallacy until mixture thickens.

And a clear illustration of "any sufficiently advanced technology is indistinguishable from magic".

... to those who don't understand it ...
Though really these days there is no excuse for not understanding ...

statistics can eat my shorts.. im much happier with topological metric spaces and the construction algebraic structures.. i dont care about dice rolls, seems trivial

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TheRealSteve
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July 02, 2015, 10:34:05 AM
 #21019

Sadly - although I fully understand it from a pragmatic viewpoint - a lot of people do care about dice rolls.  Sadly, because people are not chasing the ephemeral 'luck' - if that was all they were doing, they'd naively pick Eligius (L-), EclipseMC (BFL), Ghash.io or kano.is - but rather lower variability.  That's a positive feedback loop that makes bigger pools even bigger.

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July 02, 2015, 10:58:35 AM
 #21020

Quite a lot of miners do not know what variance is. They pick the biggest pool because it is the biggest. If it is the most popular then it must be the best. People pick their bank (and basically anything) the same way.

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