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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 3926339 times)
qbits
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April 09, 2013, 11:24:43 AM
 #6061

Hi Slush,

I've been mining on your pool for about 6 months now and it seems it is time to quit. Not that there is anything wrong with the pool, on the contrary it is great and I still have one worker (about 1gh/s) left on the pool, but the pool hash rate and difficulty are slowly eroding the motivation to do so. the only way that keeps motivation up the the BTC price Smiley

Most notably for some rounds like:

17371   2013-04-09 07:57:02   0:00:02   2486   none   none   none   230426   25.32750321    87 confirmations left

and
17365   2013-04-09 04:45:16   0:00:10   3559   none   none   none   230396   25.14230000    57 confirmations left

rounds were so short that my gh/s worker running on difficulty 1, did not manage to submit a single share, therefore my earning is '0'. I know statistically in the long term I'm still  earning based on what my hash rate is, however emotionally I'm getting the feeling all those earnings will eventually drop to '0'.

In your recent post you stated that "LTC brings nothing new to the table", well, I'm not so sure about that. In the world of ASICs, GPU miner has no place. Opening LTC pool would allow us to continue mining with bitcon.cz...
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April 09, 2013, 12:04:46 PM
 #6062

Hi Slush,

I've been mining on your pool for about 6 months now and it seems it is time to quit. Not that there is anything wrong with the pool, on the contrary it is great and I still have one worker (about 1gh/s) left on the pool, but the pool hash rate and difficulty are slowly eroding the motivation to do so. the only way that keeps motivation up the the BTC price Smiley

Most notably for some rounds like:

17371   2013-04-09 07:57:02   0:00:02   2486   none   none   none   230426   25.32750321    87 confirmations left

and
17365   2013-04-09 04:45:16   0:00:10   3559   none   none   none   230396   25.14230000    57 confirmations left

rounds were so short that my gh/s worker running on difficulty 1, did not manage to submit a single share, therefore my earning is '0'. I know statistically in the long term I'm still  earning based on what my hash rate is, however emotionally I'm getting the feeling all those earnings will eventually drop to '0'.

In your recent post you stated that "LTC brings nothing new to the table", well, I'm not so sure about that. In the world of ASICs, GPU miner has no place. Opening LTC pool would allow us to continue mining with bitcon.cz...

this is problem with Slush's anti-hopping feature. PPLNS is much better in this case.
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April 09, 2013, 12:07:16 PM
 #6063

Hi Slush,

I've been mining on your pool for about 6 months now and it seems it is time to quit. Not that there is anything wrong with the pool, on the contrary it is great and I still have one worker (about 1gh/s) left on the pool, but the pool hash rate and difficulty are slowly eroding the motivation to do so. the only way that keeps motivation up the the BTC price Smiley

Most notably for some rounds like:

17371   2013-04-09 07:57:02   0:00:02   2486   none   none   none   230426   25.32750321    87 confirmations left

and
17365   2013-04-09 04:45:16   0:00:10   3559   none   none   none   230396   25.14230000    57 confirmations left

rounds were so short that my gh/s worker running on difficulty 1, did not manage to submit a single share, therefore my earning is '0'. I know statistically in the long term I'm still  earning based on what my hash rate is, however emotionally I'm getting the feeling all those earnings will eventually drop to '0'.

In your recent post you stated that "LTC brings nothing new to the table", well, I'm not so sure about that. In the world of ASICs, GPU miner has no place. Opening LTC pool would allow us to continue mining with bitcon.cz...

this is problem with Slush's anti-hopping feature. PPLNS is much better in this case.

Its not a function of anything. The round lasted a whole 2 secs. I have 2 GPUS (7970 and 6670) and none found anything in that interval. Meanwhile, we just got a block after a 4 hour dry spell.
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April 09, 2013, 12:22:43 PM
 #6064


If pool hoppers earn more than fulltime miners, then fulltime miners are earning less than expected - by about two percent when I checked last year. If you prevent pool hopping then everyone can earn the same average payment per share. PPLNS, DGM, PPS and PPS-like methods are fair in that over time you earn the expected amount per share submitted. Proportional methods will on average pay more to strategic pool hoppers than to fulltime miners.

If you want a more in depth explanation I encourage you to read the posts to which I directed you.

You said there is no gain from thereotically to do pool hopping, and you said again there is a 20% gain, which one is true?

I don't want to dig into this kind of complexity, I never had this kind of problem with other pools, thought this pool is PPLNS based, it isn't?


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April 09, 2013, 12:26:17 PM
 #6065


If pool hoppers earn more than fulltime miners, then fulltime miners are earning less than expected - by about two percent when I checked last year. If you prevent pool hopping then everyone can earn the same average payment per share. PPLNS, DGM, PPS and PPS-like methods are fair in that over time you earn the expected amount per share submitted. Proportional methods will on average pay more to strategic pool hoppers than to fulltime miners.

If you want a more in depth explanation I encourage you to read the posts to which I directed you.

You said there is no gain from thereotically to do pool hopping, and you said again there is a 20% gain, which one is true?

I don't want to dig into this kind of complexity, I never had this kind of problem with other pools, thought this pool is PPLNS based, it isn't?



To me it seems that Slush's method penalizes pool hopper leaving it but incentivizes late round pool hopper from other pools joining. Am I missing something here?
organofcorti
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April 09, 2013, 12:56:25 PM
 #6066


If pool hoppers earn more than fulltime miners, then fulltime miners are earning less than expected - by about two percent when I checked last year. If you prevent pool hopping then everyone can earn the same average payment per share. PPLNS, DGM, PPS and PPS-like methods are fair in that over time you earn the expected amount per share submitted. Proportional methods will on average pay more to strategic pool hoppers than to fulltime miners.

If you want a more in depth explanation I encourage you to read the posts to which I directed you.

You said there is no gain from thereotically to do pool hopping, and you said again there is a 20% gain, which one is true?

No, I didn't - perhaps you misunderstood me. Again, read these posts:  http://organofcorti.blogspot.com.au/search?q=MAREK

I don't want to dig into this kind of complexity,

This is fun and very interesting. Slush's score method gave me months of interesting research last year. Try digging into the complexity - you might enjoy it Smiley

I never had this kind of problem with other pools, thought this pool is PPLNS based, it isn't?

No, the pool has it's own special scoring method. It's not yet PPLNS, although Slush has been thinking about changing it for a while. The method is outlined here: https://bitcointalk.org/index.php?topic=1976.msg50002#msg50002


I think you're over-thinking all this. Do you want to stay at slush's pool? Are you ok with losing a tiny percentage of your earnings to pool hoppers in exchange for a stable pool and a responsible pool op with a good reputation who has the longest running top 5 pool? You don't need to be concerned with the technical aspects of pool hopping if you don't want to.



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April 09, 2013, 01:17:43 PM
 #6067


I'm back with more dumb questions. Is it better to have 5 shitty GPU's under one Worker name and pass? Or to give each Worker its own gpu.

my workers scores are

132.1497
186.6425
258.3901
66.6967

Where dose this number get plunged in? What do these numbers stand for and how do they get used?

(I am a 1MB block supporter who thinks all users should be using Full-Node clients)
Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us.
Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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April 09, 2013, 01:45:24 PM
 #6068

Judging because of extremely rare 2/10 second rounds? People are upset when the luck is bad,  but people are also upset when the luck is good... :-) I don't remember how such "good luck" happen last time, it is really rare.

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April 09, 2013, 01:54:55 PM
 #6069

Well none would ba upset if he/she got a share in. I didn't but one's who did are smiling...

EDIT:

Did you consider adding NMC to Stratum? Or is this imposible?
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April 09, 2013, 02:07:44 PM
 #6070

I'm writing regards to recent issues on pool. You may notice that there're some consistency issues on Stats page, e.g. rounds 17370/17371, website also sometimes hangs with "in maintenance" message. The reason is overloaded database; just in last month, the traffic on website quadrupled, much more people started using some monitoring tools polling the API from their widgets, others are refreshing profile page again and again; the traffic on website is just crazy. This *doesn't* affect mining, because mining backends are completely asynchronous - shares are queued and registered to the database lazily, which also explains these inconsistences in statistics page for very short rounds.


I'd suggest you may want a separate machine for querying statistics which caches them locally and doesn't query the database each time.

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April 09, 2013, 03:19:00 PM
 #6071

A newbie question: When I got a first pool worker the password was assigned to it automatically. When I add another worker - do I use the same password or should it be different one? Does this matter?

Thanks!

18rWR6S4onARe8AQ1RgG4iGWKas3R97k4T - donations are most welcome
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April 09, 2013, 03:28:47 PM
 #6072

Is there anyway to get my remaining balance of BTC and NMC sent to my addresses? They are below the send threshold.
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April 09, 2013, 03:31:08 PM
 #6073

Is there anyway to get my remaining balance of BTC and NMC sent to my addresses? They are below the send threshold.

change the threshold
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April 09, 2013, 03:34:11 PM
 #6074

A newbie question: When I got a first pool worker the password was assigned to it automatically. When I add another worker - do I use the same password or should it be different one? Does this matter?

Thanks!

It doesn't matter... Even if you just put in 1 or something as that. If someone knows that password(and username) the only thing it can do is to mine for you... Smiley
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April 09, 2013, 03:46:43 PM
 #6075

Thats the thing. The lowest setting for payout is .05 . I have below that and want to get my coins.
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April 09, 2013, 03:54:59 PM
 #6076

coin-miner 0.54  Copyright (c) 2011-2013 Ufasoft  http://ufasoft.com/coin
Mining for stratum+tcp://api-stratum.bitcoin.cz:3333
Using CPU (16 threads)
Error 80072AFC:  The requested name is valid, but no data of the requested type
was found.

Error 8007274D:  No connection could be made because the target machine actively
 refused it.

And this continues on and on.... What am i doing wrong HuhHuh?

I am poor, but i do work for Coin Smiley
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April 09, 2013, 03:58:16 PM
 #6077

Judging because of extremely rare 2/10 second rounds? People are upset when the luck is bad,  but people are also upset when the luck is good... :-) I don't remember how such "good luck" happen last time, it is really rare.

no, no, I'm not upset as I completely understand the logic behind it and as I said in the long run I earn exactly what I would expect. Having said that, I do realise, that as difficulty increases even gh/s miner will mine less & then even less than less.

btw if the round lasted really short and there would be only one share submitted in the whole pool in that round and if that share was mine, then I would earn 49.xxx BTC for that round Smiley and would send a bottle of very good wine to slush.

my point is: 1gh/s rig will mine about 838 diff1 shares/h = 0.23... shares/s ~= 1 in 4 chance rig will submit a share in that 1 s. if round lasts 2 seconds then we would have approx. 50% chance that rig will submit a share in that time. since network latency is about 20-50 ms depending on your location (20ms in internet terms is very good indeed) and can jump to 80ms, then your chances of submitting a share are much lower because of round trip delay (which is 2x latency) and processing time ( cgminer, or, network card, router with nat, adsl etc, which I cannot measure but would estimate to be another 20ms ) then my 2 second round allows for 1.8s of hash finding or even less. this is where this is painful.

i understand your argument that I could be lucky and submit 3 shares in those 2 seconds by pure luck, but the latency bias still remains.

on the other hand Jeff running his asic miner on diff1 (he should not do it, but there is no way to stop him) with 68 gh/s, is submitting 15 shares / s so he has and extra edge in this situation. above the obvious gh/s advantage.

dialling back share difficulty to 1/2 or 1/4 is probably also not such a good idea. delaying payoff till more than one round is completed who's combined duration is bigger than some threshold is also probably not such a good idea....

Cheers!

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April 09, 2013, 04:06:25 PM
 #6078

I was reading this anti hopping futures that we have. I have the next question. What about miners that runs at 5 or less mhesh/s. I'm running one 1,2 one 4,8 and one 7,2. Am I affected because of them? They are CPU's and they are running on free power. Well I'm not paying it so it is "free".
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April 09, 2013, 04:28:39 PM
 #6079

Thats the thing. The lowest setting for payout is .05 . I have below that and want to get my coins.

Mine to the send threshold. Make sure to put the send threshold up first then when you're past 0.05, do whatever you're doing with your miner and put it back down to cash out.

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April 09, 2013, 04:31:30 PM
 #6080

coin-miner 0.54  Copyright (c) 2011-2013 Ufasoft  http://ufasoft.com/coin
Mining for stratum+tcp://api-stratum.bitcoin.cz:3333
Using CPU (16 threads)
Error 80072AFC:  The requested name is valid, but no data of the requested type
was found.

Error 8007274D:  No connection could be made because the target machine actively
 refused it.

And this continues on and on.... What am i doing wrong HuhHuh?


Try stratum.bitcoin.cz:3333 instead of api-stratum.bitcoin.cz:3333

They resolve to the same ip, but I dont know if slush has anything else going on in the background, could be server load maybe.
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