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Author Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool  (Read 4374774 times)
Vietjan
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April 15, 2020, 07:25:10 PM
Merited by frodocooper (3)
 #23001

Well, here you go:

Quote
Dear miners,

As you might know, we have been merged mining Namecoin (NMC) for several years. However, due to exchanges delisting it and a general lack of liquidity, it has become infeasible for us to exchange NMC for BTC in order to add it to your payouts.

Therefore, we have decided to send the accumulated NMC reward directly to any users who provide an NMC wallet address to claim their reward during the next two months. We apologize for the inconvenience this causes, but we feel it’s better than not distributing the NMC proceeds at all.

Moving forward, we will stop distributing NMC rewards due to the aforementioned reasons. We will reconsider this decision in the event that NMC becomes substantially more valuable in the future, but for the time being, we will begin using NMC merged mining revenue to support our open-source projects such as Braiins OS and Stratum V2 that bring benefits to the whole mining community.

Thank you for your patience and understanding in this matter.
 
- Slush Pool Team
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MoparMiningLLC
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April 15, 2020, 07:40:44 PM
 #23002

Well, here you go:

Quote
Dear miners,

As you might know, we have been merged mining Namecoin (NMC) for several years. However, due to exchanges delisting it and a general lack of liquidity, it has become infeasible for us to exchange NMC for BTC in order to add it to your payouts.

Therefore, we have decided to send the accumulated NMC reward directly to any users who provide an NMC wallet address to claim their reward during the next two months. We apologize for the inconvenience this causes, but we feel it’s better than not distributing the NMC proceeds at all.

Moving forward, we will stop distributing NMC rewards due to the aforementioned reasons. We will reconsider this decision in the event that NMC becomes substantially more valuable in the future, but for the time being, we will begin using NMC merged mining revenue to support our open-source projects such as Braiins OS and Stratum V2 that bring benefits to the whole mining community.

Thank you for your patience and understanding in this matter.
 
- Slush Pool Team

yep. I have seen that message or similar before - once here on this thread about a year and half ago. I havent mined slush in very long but just for spite those bastards can sure as hell pay me the NMC if nothing else just so they dont have it.

Mine BTC @ kano.is Need some thing 3d printed? Need something laser cut? go here: moparmining.com
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Vietjan
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April 15, 2020, 08:13:04 PM
 #23003

If you provide them a NMC address they will send you your accumulated NMC.

But if you haven't mined at Slush for a very long time this won't be much anyway.
So not sure why you are making such a fuss about it and are calling them bastards.
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April 15, 2020, 08:17:26 PM
 #23004

If you provide them a NMC address they will send you your accumulated NMC.

But if you haven't mined at Slush for a very long time this won't be much anyway.
So not sure why you are making such a fuss about it and are calling them bastards.

I have had a NMC address in there since 2018 - I used to mine there a lot. but after a year of seeing that the merged mining was not being paid out (when they stopped right before NMC peaked at $10 to $13 a coin) so the reward can be substantial to some.  I asked and was told that it would be a few weeks to get it paid out, after 2 months, I asked again and was given another date. After that, I stopped mining there.  Since then they have said numerous times that they were going to pay it out. I am curious what does an exchange have to do with paying out the rewards to the miners? If there is a lack of accepting exchanges, that affects the miners not Slush. So that is another bullshit answer.

Even a year ago it was over a dollar a coin - now its under 40 cents a coin. So, they probably kept/sold all the NMC when it worth something, and now that it isnt, they will just buy enough to pay everyone their "rewards" meanwhile doing so they made a profit.

I understand that merged mining is just a benefit and all but when a company promises it, shows you the rewards you should be getting but then never gives it, that makes them liars and the fact that they lie makes them bastards. At least to me.

Not to mention that whole fiasco with the mining company who had hack firmware that was on the pool getting tons of payouts and when it was identified their firmware was bullshit and no good and never found a block - they allowed them to keep all the rewards they were paid out - when they should have in fact made them pay it back and then distributed it to those that were actually mining to the benefit of the pool.

Mine BTC @ kano.is Need some thing 3d printed? Need something laser cut? go here: moparmining.com
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Vietjan
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April 15, 2020, 08:44:54 PM
Last edit: April 16, 2020, 12:04:57 AM by Vietjan
 #23005

On Slush the last Namecoin that was processed was at block 41647 on 2018-01-12 10:28.
According to coinmarketcap.com the highest price of Namecoin around that time was $7.93 on 2018-01-13 14:24, but a week after this the price was already below $5 and another week later it was below $4.

Yeah, they didn't live up to the promises they made about NMC. But a lot of other pools did not even offer the option to merge mine NMC. And the last time I calculated a whole year of merged mining NMC was worth as much as one day of mining Bitcoin.

I'm not even going to bother to claim my NMC, so I really don't understand why you are being so angry about it.

It's like selling something for 73.25 and then going completely bananas when you find out they gave you 73 dollars and a nickel instead of a quarter.
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April 16, 2020, 02:20:25 AM
 #23006

On Slush the last Namecoin that was processed was at block 41647 on 2018-01-12 10:28.
According to coinmarketcap.com the highest price of Namecoin around that time was $7.93 on 2018-01-13 14:24, but a week after this the price was already below $5 and another week later it was below $4.

Yeah, they didn't live up to the promises they made about NMC. But a lot of other pools did not even offer the option to merge mine NMC. And the last time I calculated a whole year of merged mining NMC was worth as much as one day of mining Bitcoin.

I'm not even going to bother to claim my NMC, so I really don't understand why you are being so angry about it.

It's like selling something for 73.25 and then going completely bananas when you find out they gave you 73 dollars and a nickel instead of a quarter.


I was trying to go off memory about the price. even at $7 a coin to pay people now when its 40 cents a coin is a slap in the face, regardless of whether it is a nickle or a thousand bucks.

I am not angry, I am always happy Smiley - I just dont like liars. a lot of people lost money when they pulled that shell game with the huge miner with his bs firmware. they should have pulled back all they paid him and paid ot to the legitimate miners who lost out - the miner never found a single block but took the bulk of all incoming btc from those who actually did.


Mine BTC @ kano.is Need some thing 3d printed? Need something laser cut? go here: moparmining.com
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April 19, 2020, 02:16:29 PM
 #23007

A very nice overnight run.   6 blocks in 4 hours.

Sites I use to earn crypto:
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May 11, 2020, 09:34:00 PM
Last edit: May 12, 2020, 01:51:22 AM by Artemis3
 #23008

Aaand block 630.001 was found Slushpool!

Congratulations! So much for "bad luck" huh?

Yes, this is the very first second block after the halving...

██████
███████
███████
████████
BRAIINS OS+|AUTOTUNING
MINING FIRMWARE
|
Increase hashrate on your Bitcoin ASICs,
improve efficiency as much as 25%, and
get 0% pool fees on Slush Pool
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May 12, 2020, 12:43:53 AM
 #23009

Aaand block 630.001 was found Slushpool!

Congratulations! So much for "bad luck" huh?

Yes, this is the very first block after the halving...

actually the first block after halving with a reward of 6.25 btc was block 630,000 and found by Antpool of all pools... imagine that. it came 40 seconds or so after 629,999 - the last 12.5 btc reward block

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May 18, 2020, 05:57:07 AM
 #23010

slushie scores two in a row.
29% fees...very niiiice [speaking as Borat].
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August 29, 2020, 03:18:11 AM
 #23011

slush generates empty blocks.
EMPTY blocks are not necessary and are a sign that the pool is slow and coded badly.
slush block 645736 EMPTY

Pool: https://kano.is - lowest fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
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September 04, 2020, 09:31:13 PM
 #23012

Looks like half the hashrate on this pool walked out the door on 01. Sept 2020.   

Guess the title of this thread / pool should probably be revised down from 4+EH to 2+EH

Anyone know what the circumstances were that such a large proportion of hashrate left the pool?
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September 05, 2020, 11:28:14 PM
 #23013

On Slush the last Namecoin that was processed was at block 41647 on 2018-01-12 10:28.
According to coinmarketcap.com the highest price of Namecoin around that time was $7.93 on 2018-01-13 14:24, but a week after this the price was already below $5 and another week later it was below $4.

Yeah, they didn't live up to the promises they made about NMC. But a lot of other pools did not even offer the option to merge mine NMC. And the last time I calculated a whole year of merged mining NMC was worth as much as one day of mining Bitcoin.

I'm not even going to bother to claim my NMC, so I really don't understand why you are being so angry about it.

It's like selling something for 73.25 and then going completely bananas when you find out they gave you 73 dollars and a nickel instead of a quarter.


I was trying to go off memory about the price. even at $7 a coin to pay people now when its 40 cents a coin is a slap in the face, regardless of whether it is a nickle or a thousand bucks.

I am not angry, I am always happy Smiley - I just dont like liars. a lot of people lost money when they pulled that shell game with the huge miner with his bs firmware. they should have pulled back all they paid him and paid ot to the legitimate miners who lost out - the miner never found a single block but took the bulk of all incoming btc from those who actually did.



Be curious to see what they did with that namecoin. It’s funny and with slush history that the price fell off a cliff just after they stopped mining them.  Could be pure coincidence or they dumped the massive amount they had to have had.  Without requesting the coin.  How about just show the users what they did with it.  Curious minds would love to know.

BR
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September 08, 2020, 05:29:07 PM
 #23014

Whoa, I'm happy to see slush pool still going strong! I'll have to google that the E in EH means lol. Hope everyone had a great Labour Day Smiley

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September 11, 2020, 03:13:34 PM
Last edit: September 11, 2020, 03:43:07 PM by Artemis3
 #23015

Hmm, i hope they teach SI prefixes at school in your country Cheesy

It means Exa, its what comes after Peta, which comes after Tera, which comes after Giga, which comes after Mega, which comes after Kilo... Ever seen memory or disk drive sizes? Its the same.

1 Exa = 1000 Peta.

Technical answer: EHs = Exahashes per second.

Bitcoin's entire network hashrate is currently about 124 EHs, most of it from Chinese pools...

██████
███████
███████
████████
BRAIINS OS+|AUTOTUNING
MINING FIRMWARE
|
Increase hashrate on your Bitcoin ASICs,
improve efficiency as much as 25%, and
get 0% pool fees on Slush Pool
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September 16, 2020, 08:09:01 PM
 #23016

Anyone know what the circumstances were that such a large proportion of hashrate left the pool?

I wouldn't get hung up on the pool's hashrate. From a screenshot I had from August 2018 they had 256k+ active workers and 6.12 Eh/s. Currently 3.28 Eh/s and 93k+ active workers. Drop since then has largely been due to halving, difficulty, and profitability. People stopped mining because it's not profitable for most and it doesn't make sense to buy the latest gear.
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