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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 3854063 times)
Jack of Diamonds
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June 05, 2011, 05:26:12 PM
 #2601

Interesting stats...



Wow! You've made more than double in one round than I've made total with four computers running non-stop for nearly three weeks!

I admit, this does shake my resolve. I've been looking at the returns on having these computers running full bore all this time and I've begun questioning if it is really worth it. Looking at the charts page, my daily reward has been sinking daily to the point where it is hovering around .002 per day. At the rate I'm going, it is going to take me well into next year to generate just 1.00 BTC, if at all!

I'm considering dropping my "send threshold" to .01 to collect what little I've made and dropping out. Is it really worth staying in?

IMO under 10 bitcents per round is pretty bad (not at all unprofitable, but for me it's too low), but if the price keeps at this level or increases, stick with mining.

If you get under 1 cent per round or worse then it's definitely not worth it. But each to their own.

What type of hardware are you running to get over 10 bitcents per round? I am currently running two 5830's that produce ~300 Mhash/sec each. Over the last 12 hours I have averaged around 3.8 bitcents per round.

Mostly 5850's and 5770's, for about 0.66btc per round @ 14ghash/s. Had to negotiate an electricity discount & amp upgrade though since I don't run them at home.

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cosurgi
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June 05, 2011, 05:39:10 PM
 #2602

A couple of quick & very newbie questions:

1- I know that the pool gets 1 BTC as a fee from each found 50 BTC block to keep the servers running, but is there any fee deductions from my payout as well? For example I set my payout to be when I reach 5 BTC, will I get that or less due to certain fees? If yes, how much are they?

2- When setting my wallet address, is that one of my "Receiving Addresses" codes from the Bitcoin application?

Any help would be appreciated.

1) no fee deductions from your payout, you will get it once you have more than your limit 5

2) exactly - the receiving address.

metallicaband
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June 05, 2011, 05:43:07 PM
 #2603

A couple of quick & very newbie questions:

1- I know that the pool gets 1 BTC as a fee from each found 50 BTC block to keep the servers running, but is there any fee deductions from my payout as well? For example I set my payout to be when I reach 5 BTC, will I get that or less due to certain fees? If yes, how much are they?

2- When setting my wallet address, is that one of my "Receiving Addresses" codes from the Bitcoin application?

Any help would be appreciated.

1) no fee deductions from your payout, you will get it once you have more than your limit 5

2) exactly - the receiving address.


Thanks a lot for the fast response =).
SicKk
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June 05, 2011, 07:38:40 PM
 #2604

what is this ´?

#                 Block found             Duration   Total shares    Your reward    Block #   Validity   Cluster GHash/S   Your MHash/S
5152    2011-06-05 19:27:54    0:34:11    383050    none    128833    97 left

my miners are working !


anyone else with this statistic ?
pokermon919
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June 05, 2011, 07:44:17 PM
 #2605

what is this ´?

#                 Block found             Duration   Total shares    Your reward    Block #   Validity   Cluster GHash/S   Your MHash/S
5152    2011-06-05 19:27:54    0:34:11    383050    none    128833    97 left

my miners are working !


anyone else with this statistic ?


I had a reward for that block
Andeh93
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June 05, 2011, 07:46:52 PM
 #2606

what is this ´?

#                 Block found             Duration   Total shares    Your reward    Block #   Validity   Cluster GHash/S   Your MHash/S
5152    2011-06-05 19:27:54    0:34:11    383050    none    128833    97 left

my miners are working !


anyone else with this statistic ?

I did have that, but after a couple of minutes it updated itself and rewarded me, should hopefully update within 10 minutes max?
SicKk
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June 05, 2011, 07:49:42 PM
 #2607

what is this ´?

#                 Block found             Duration   Total shares    Your reward    Block #   Validity   Cluster GHash/S   Your MHash/S
5152    2011-06-05 19:27:54    0:34:11    383050    none    128833    97 left

my miners are working !


anyone else with this statistic ?

I did have that, but after a couple of minutes it updated itself and rewarded me, should hopefully update within 10 minutes max?


o.k. ... got rewarded  Smiley
pokermon919
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June 05, 2011, 07:55:41 PM
 #2608

That's normal, sometimes your total reward will drop and come back when the pool is sorting out new confirmed reward. I posted about that a few pages back and thought there was a problem.
dobitment
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June 05, 2011, 11:51:52 PM
 #2609

Im just starting out mining - I want to confirm that everything works with my slow system before I start putting in more resources.

Right now, I'm getting an average of 0.7 kHash/sec. I'm aware that this will give me very few bitcoins, but my understanding is that it should deliver something other than zero.

I've been using mining.bitcoin.cz for a few hours but less than a day and all of my counters are still at 0. My worker shows 0 blocks found, 0 shares and a score of 0. My estimated reward is 0.00000000000. What i

How can I track my (slow) progress? Am I suffering from update delay, or am I not getting any credit at all? If things are working right, when should I expect to see a single block show up?
error
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June 06, 2011, 12:54:00 AM
 #2610

Im just starting out mining - I want to confirm that everything works with my slow system before I start putting in more resources.

Right now, I'm getting an average of 0.7 kHash/sec. I'm aware that this will give me very few bitcoins, but my understanding is that it should deliver something other than zero.

I've been using mining.bitcoin.cz for a few hours but less than a day and all of my counters are still at 0. My worker shows 0 blocks found, 0 shares and a score of 0. My estimated reward is 0.00000000000. What i

How can I track my (slow) progress? Am I suffering from update delay, or am I not getting any credit at all? If things are working right, when should I expect to see a single block show up?

It's unlikely that you'll EVER get anything out of that.

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Meatball
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June 06, 2011, 01:10:44 AM
 #2611

Yeah, .7 is a waste to even try.  Check out the old mining calculator.

http://www.alloscomp.com/bitcoin/old_calculator.php

Even at current difficulty rates you're looking at over 58,000 years (yes, I said years) before you have a chance of finding a block...
metallicaband
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June 06, 2011, 04:42:38 AM
 #2612

When do "Unconfirmed" rewards become "Confirmed" and when do they get cancelled and don't add up at all?
kitsura
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June 06, 2011, 10:27:31 AM
 #2613

When do "Unconfirmed" rewards become "Confirmed" and when do they get cancelled and don't add up at all?

Rewards are confirmed when the number of confirmation left on the block reaches 0.
Invalid blocks were due to some technical issue, but so far I'm seeing less and less of it.
slush
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June 06, 2011, 10:29:34 AM
 #2614

Hello guys, I was out of forum for few days, I'll respond all your questions later today.

sharky112065
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June 06, 2011, 01:40:05 PM
 #2615

I do not understand why there is no payout when it shows shares > 0 ?

5163    2011-06-05 18:39:13    0:02:22    26196    none    128898    confirmed
5141    2011-06-05 03:59:14    0:00:58    9616    none    128762    confirmed
5137    2011-06-05 02:05:03    0:02:01    19418    none    128742    confirmed

I get payouts on most valid rounds but every now and then on short rounds I get no payout.

For example here is a short round I got paid for.

5171    2011-06-05 21:48:19    0:01:15    13745    0.00747761    128932    confirmed    808.57   120.92

Any ideas/explanations?




Donations welcome: 12KaKtrK52iQjPdtsJq7fJ7smC32tXWbWr
allinvain
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June 06, 2011, 01:54:15 PM
 #2616

wow we're at 800 Ghash/sec now! I'd say we need LP support rather badly now....wouldn't you agree?

Jack of Diamonds
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June 06, 2011, 01:57:13 PM
 #2617

Besides longpolling I'd also prefer instant payment instead of long confirmation periods, not sure if slush has the funds to pull it off though.

The only reason I still mine on deepbit from time to time tbh.

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Mowobyte
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June 06, 2011, 03:08:44 PM
 #2618

Quote
ERROR: Invalid block found on GeForce GTX 285 (#1), possible driver or hardware issue
Block 7 found on Geforce GTX 285 (#1)

I get this message, is this good, bad or can i ignore it?

Beim Bitcoin ist keine Übertreibung übertrieben genug.
Jack of Diamonds
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June 06, 2011, 07:46:14 PM
 #2619

Earnings for block #5195 -66%?

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MiningBuddy
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June 06, 2011, 07:48:38 PM
 #2620

Earnings for block #5195 -66%?
No, it was a 33 second round, yes 33 seconds!
You didn't submit a large amount of shares in that short time so your earnings will be smaller.

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