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Question: What type of pool payouts do you prefer?
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Author Topic: [2+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4324120 times)
organofcorti
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Poor impulse control.


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July 01, 2015, 08:13:51 AM
 #21001

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.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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mooseCavalry
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Bull Moose


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July 01, 2015, 03:06:11 PM
 #21002

Better luck (lately) seems to correlate with slush's switch to version 3 blocks. Is there a technical explanation for this?
eleuthria
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July 01, 2015, 03:22:03 PM
 #21003

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.

RIP BTC Guild, April 2011 - June 2015
organofcorti
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Poor impulse control.


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July 01, 2015, 03:37:51 PM
 #21004

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".

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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jonnybravo0311
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July 02, 2015, 12:34:01 AM
 #21005

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

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
kano
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July 02, 2015, 08:48:23 AM
 #21006

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 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!
tarzan2
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Pirates and Bibles Inc.


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July 02, 2015, 09:57:50 AM
 #21007

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

This signature is not making me money or spamming you with advertisements, this might though:
send bitcoinz here>>>> 1TArzAn26Wvw872Yw36JiBe21SEaypJTP <<<<send bitcoinz here
TheRealSteve
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FUN > ROI


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July 02, 2015, 10:34:05 AM
 #21008

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.

DrHaribo
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July 02, 2015, 10:58:35 AM
 #21009

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.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
man114
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July 02, 2015, 11:51:56 PM
 #21010

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.


Pretty much, but your share of the payout is less with the bigger pools.
kano
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July 03, 2015, 12:36:23 AM
 #21011

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.

If you have a local McDonalds, then for most people they would find that more people eat at McDonalds than at their local favourite restaurant.

McDonalds food must be better? Cheesy

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!
chiguireitor
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Coins, Games & Miners


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July 03, 2015, 03:06:24 AM
 #21012

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.

If you have a local McDonalds, then for most people they would find that more people eat at McDonalds than at their local favourite restaurant.

McDonalds food must be better? Cheesy

Social pressure is a bitch... if not, ask the last kid on this clip.

DrHaribo
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July 03, 2015, 10:17:20 AM
 #21013

If you have a local McDonalds, then for most people they would find that more people eat at McDonalds than at their local favourite restaurant.

McDonalds food must be better? Cheesy

Sure, also with McDonalds there is that effect from many people eating there. But they also have a low value reputation pulling in the other direction. Some feel ashamed and don't want anyone to see them eating there. Others feel the need to make up excuses to eat there, thinking McDonalds becomes more socially acceptable if you have a good excuse.

It's kind of like mining in the biggest pool. A lot of people are doing it so you assume it's the best (?), but on the other hand you know the pool is getting too big and reducing the security of bitcoin. So then you make up an excuse, maybe something like "I don't understand this bitcoin stuff, I just run this machine and money comes out." Or maybe you make up a new user name so noone knows it's you, and you tell all your friends that you mine at a different pool.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
edonkey
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July 04, 2015, 08:23:39 PM
 #21014

Is Slush's pool safe from the problems that affected F2Pool and Antpool last night (where they were not validating incoming blocks correctly and forked onto an incorrect chain for 6 blocks)?

I assume that slush is more competent than these other pool operators, and that his team keeps on top of required updates.

But currently slush is not listed on the "safe" pool list, so I have to ask.

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pekatete
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July 04, 2015, 08:32:01 PM
 #21015

Is Slush's pool safe from the problems that affected P2Pool and Antpool last night (where they were not validating incoming blocks correctly and forked onto an incorrect chain for 6 blocks)?

I assume that slush is more competent than these other pool operators, and that his team keeps on top of required updates.

But currently slush is not listed on the "safe" pool list, so I have to ask.
Slush is as safe as houses! They forked to v3 on and in time ..... you can confirm that by checking any of the blocks the pool has won lately (you do not need to be logged in to do that).

DrHaribo
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July 04, 2015, 09:05:25 PM
 #21016

Is Slush's pool safe from the problems that affected P2Pool and Antpool last night

That was F2Pool, not P2Pool.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
kano
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July 04, 2015, 11:42:21 PM
 #21017

Is Slush's pool safe from the problems that affected P2Pool and Antpool last night (where they were not validating incoming blocks correctly and forked onto an incorrect chain for 6 blocks)?

I assume that slush is more competent than these other pool operators, and that his team keeps on top of required updates.

But currently slush is not listed on the "safe" pool list, so I have to ask.
You would have to ask slush if he uses standard bitcoind 0.10.1+ for work generation,
or if he doesn't what does he use and does it correctly ignore all v2 block headers broadcast on the network now?

The issue of only mining v3 blocks is not the only one for the change, ignoring all v2 blocks broadcast after the 95% was reached is also required

... and that's what caused the problem yesterday with f2pool and antpool not ignoring the v2 blocks even though they were already generating v3 blocks as requried

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!
sloopy
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https://bitcointalk.org/index.php?topic=905210.msg


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July 04, 2015, 11:44:41 PM
 #21018

Is Slush's pool safe from the problems that affected P2Pool and Antpool last night (where they were not validating incoming blocks correctly and forked onto an incorrect chain for 6 blocks)?

I assume that slush is more competent than these other pool operators, and that his team keeps on top of required updates.

But currently slush is not listed on the "safe" pool list, so I have to ask.
Slush is as safe as houses! They forked to v3 on and in time ..... you can confirm that by checking any of the blocks the pool has won lately (you do not need to be logged in to do that).

When was the last block? Any today? I don't see anything...

Transaction fees go to the pools and the pools decide to pay them to the miners. Anything else, including off-chain solutions are stealing and not the way Bitcoin was intended to function.
Make the block size set by the pool. Pool = miners and they get the choice.
pekatete
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July 04, 2015, 11:47:27 PM
 #21019

Is Slush's pool safe from the problems that affected P2Pool and Antpool last night (where they were not validating incoming blocks correctly and forked onto an incorrect chain for 6 blocks)?

I assume that slush is more competent than these other pool operators, and that his team keeps on top of required updates.

But currently slush is not listed on the "safe" pool list, so I have to ask.
Slush is as safe as houses! They forked to v3 on and in time ..... you can confirm that by checking any of the blocks the pool has won lately (you do not need to be logged in to do that).

When was the last block? Any today? I don't see anything...
20 odd hrs ago ......
https://blockchain.info/block-index/00000000000000001242e0216eb113f1c50e4c18ecfbc8b9c0224ec82ec391d6?site=slush

edonkey
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July 05, 2015, 12:00:07 AM
 #21020

Is Slush's pool safe from the problems that affected P2Pool and Antpool last night

That was F2Pool, not P2Pool.


Crap! Sorry for the typo. Fixed now.

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