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

[AriesIV10]

Any reason for the Luck:

49.28 %
Last 10 Blocks

67.13 %
Last 50 Blocks

92.53 %
Last 250 Blocks

[allinvain]

It likely is just random chance as true luck is supposed to be like. Sadly I had to switch temporarily to a different bigger pool which shall remain nameless. The 24+ hr rounds became unbearable.

[Biffa]

Well...   goodbye Slush.  I *LOVE* your site, stats, interface, etc. - but after 5+ days with no payout (when I was averaging 2 days between payouts) and no communication as to why the HORRIBLE luck recently I've moved to Kano.

Hmm, yeah our pool's luck has been shit lately. Most rounds are averaging 12+ hrs. I'm not really happy about this either but kano would likely be worse - ie rounds will be even longer! I totally understand you though and hopefully kano work better for you.

Not worse, easy to check too. https://kano.is/index.php?k=blocks

[allinvain]

Well...   goodbye Slush.  I *LOVE* your site, stats, interface, etc. - but after 5+ days with no payout (when I was averaging 2 days between payouts) and no communication as to why the HORRIBLE luck recently I've moved to Kano.

Hmm, yeah our pool's luck has been shit lately. Most rounds are averaging 12+ hrs. I'm not really happy about this either but kano would likely be worse - ie rounds will be even longer! I totally understand you though and hopefully kano work better for you.

Not worse, easy to check too. https://kano.is/index.php?k=blocks

Yes I know. In the end it's all randomness and all about how long you can wait until you get paid. I've said it so many times both Slush and Kano deserve far far more TH then they get , but it's not happening

[Odetas]

If Slush isn't going to support Bitcoin Cash, can Slush do a one time distribution for all BTC before the fork for all funds even below the minimum threshold?

[KNK]

... distribution for all BTC before the fork for all funds ...

I do not want mine distributed and probably some others too, so that's not a good idea.
They clearly state in their post

If you want to get hold of your coins on the Bitcoin Cash chain, make sure to withdraw your rewards before the chain split

Just set your limit to the minimum 0.001

[allinvain]

Meh, this Bitcoin Crash (pun intended) is like when you wake up from a drunken stupor and find out that your apartment has been broken into, your TV is gone, and it hurts when you pee so you probably now have an STD too.

[Odetas]

... distribution for all BTC before the fork for all funds ...

I do not want mine distributed and probably some others too, so that's not a good idea.
They clearly state in their post

If you want to get hold of your coins on the Bitcoin Cash chain, make sure to withdraw your rewards before the chain split

Just set your limit to the minimum 0.001

Forgive the ignorance, why not?  Is it because the value of the BTC staying in BTC means you get the total value, instead of the split value once it all shakes out?

[ilya5000]

Hey guys, new to this.

But wanted to ask, when the block is found on average what percent share do you get paid? Running an s7 or s9?

[KNK]

Forgive the ignorance, why not?  Is it because the value of the BTC staying in BTC means you get the total value, instead of the split value once it all shakes out?

I just don't care for the few (milli)coins i'll get and prefer to collect some larger amount before transferring it to my wallet that's all.
If you have a lot of small transactions in your wallet you spend more in fees latter, because your output transaction gets bigger

[Odetas]

Forgive the ignorance, why not?  Is it because the value of the BTC staying in BTC means you get the total value, instead of the split value once it all shakes out?

I just don't care for the few (milli)coins i'll get and prefer to collect some larger amount before transferring it to my wallet that's all.
If you have a lot of small transactions in your wallet you spend more in fees latter, because your output transaction gets bigger

The problem with that logic is that Slushpool is a percentage fee, so regardless of how much you take out, it is a sliding scale.  The only exception are small transactions under 0.01 btc, which get hit with a fixed fee.

[KNK]

I mean the fee YOU will need to pay when you decide to spend them.

[Thetaj]

I have a quick question. I have tried Slush pool before and I realized that the overall payout was not consistent with the block reward. But at the time, I used this, the block reward was pretty low and blocks found were few and far between.

My question is this: right now all the chinese pools are pretty much straightup stealing block rewards from miners in the pool (calculated block rewards are around 110-115%). Does Slushpool split the block reward evenly and then apply the pool fee?

If that is the case do we get 110-115% and then pay 1.5% for pool fee?

Because if so I'm gonna switch over to slush even though I am an asian miner. I just don't like being lied to and cheated by Bitmain right now. And I think many of us feel the same way. They promised 115, and they straight up pulled the rug from under us.

[allinvain]

I have a quick question. I have tried Slush pool before and I realized that the overall payout was not consistent with the block reward. But at the time, I used this, the block reward was pretty low and blocks found were few and far between.

My question is this: right now all the chinese pools are pretty much straightup stealing block rewards from miners in the pool (calculated block rewards are around 110-115%). Does Slushpool split the block reward evenly and then apply the pool fee?

If that is the case do we get 110-115% and then pay 1.5% for pool fee?

Because if so I'm gonna switch over to slush even though I am an asian miner. I just don't like being lied to and cheated by Bitmain right now. And I think many of us feel the same way. They promised 115, and they straight up pulled the rug from under us.

I do believe that pool fees are charged AFTER the block reward (+ txt fees + merged mining fees from converting NMC to BTC) and not before.

Pool operators rarely reply to this thread I'm afraid so I don't think you'll get an official answer but I do believe your answer can be found here:

https://slushpool.com/help/manual/rewards

*pool fee is 2% at the moment*

[Thetaj]

Hmm according to the site it should be ~14 X 0.98(our hashrate/pool hash rate)
So the fees for slush are ~108-113% after giving fees to pool. That is still way better than the other pools.

I guess its now about irregular maximum payout vs regular but raped payouts thanks!

[allinvain]

Hmm according to the site it should be ~14 X 0.98(our hashrate/pool hash rate)
So the fees for slush are ~108-113% after giving fees to pool. That is still way better than the other pools.

I guess its now about irregular maximum payout vs regular but raped payouts thanks!

Indeed. My advice is if you don't mind the more irregular payouts you're better off sticking with Slush. The pool has recently seen a modest increase in its overall hashrate too, so that will help theoretically with the block solve times (luck playing a big factor too).

[Thetaj]

yea, I am probably gonna switch back now. My hashrate is only 100T though so I'm probably not going to help anyone much. But still, I really hate getting raped by Chinese pools........115% they said......until September they said.......

[allinvain]

yea, I am probably gonna switch back now. My hashrate is only 100T though so I'm probably not going to help anyone much. But still, I really hate getting raped by Chinese pools........115% they said......until September they said.......

Doesn't matter how much hash you have, one should still not feed the Chinese mining pool monsters. Maybe if enough people got clued in they wouldn't rape miners. The sad reality is that most of the miners on their pools are clueless.

Welcome to our pool btw Happy mining!

[Thetaj]

thanks!  so far so good! daily payout is not as great as BTC.com or antpool, but I'm willing to stick around for 1 difficulty period just to see whats up!

Sadly most of my asian brethrens don't speak a dime of english or understand very little. So they stick with the chinese pools. Slushpool is better and more fair, but if you can't get past the language barrier, it aint gonna cut it. And even if they did, Bitmain will probably remotely shutdown our miners anyway.

[allinvain]

thanks!  so far so good! daily payout is not as great as BTC.com or antpool, but I'm willing to stick around for 1 difficulty period just to see whats up!

Sadly most of my asian brethrens don't speak a dime of english or understand very little. So they stick with the chinese pools. Slushpool is better and more fair, but if you can't get past the language barrier, it aint gonna cut it. And even if they did, Bitmain will probably remotely shutdown our miners anyway.

Actually Slush does support Chinese language, you just have to click on the Chinese flag at the top to switch to that language ( and others).

Hahahaha, yeah that would be pretty funny if Bitmain started doing that but last I heard that "feature" was never used and they patched it/removed it in later firmware revisions.

In regards to the daily payouts, it will fluctuate a lot more than with those bigger pools but you'll see the average should be roughly the same. I tried Antpool for a bit and the payouts were the same, they just came more often cause that pool solves blocks more often. When Slush hits a round of high luck like it did a 3 or 4 blocks ago you'll be very happy! Those few rounds ago gave the pool a luck percentage of ~140% The pool will estimate your daily reward and it should be roughly the same as with your other pools over a long enough time frame.