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Question: What type of pool payouts do you prefer?
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Total Voters: 3924

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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3933490 times)
ewitte
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June 07, 2013, 04:03:52 PM
 #9761


nearly pre ordered some usb, but at BTC2 its cheaper to get a 6870 gpu for same hashes and a gaming system or 2 after.

Current USB price is ridiculous.  One chip costs closer to BTC0.08 price is high because they are not available in large quantities yet

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ZipTheRip
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June 07, 2013, 04:33:05 PM
 #9762

2013-06-07 12:32:33: Running command: poclbm.exe ZipTheRip.6850:cash@stratum.bitcoin.cz:3333 --device=0 --platform=1 --verbose -r1 -v -f 5 -w 128
2013-06-07 12:32:33: Listener for "6850" started
2013-06-07 12:32:36: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:32:36, started OpenCL miner on platform 1, device 0 (Barts)
2013-06-07 12:32:36: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:32:36, checking for stratum...
2013-06-07 12:32:36: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:32:36, no response to getwork, using as stratum
2013-06-07 12:32:50: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:32:50, Verification failed, check hardware! (1:0:Barts, 2c5351ea)
2013-06-07 12:32:57: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:32:57, Verification failed, check hardware! (1:0:Barts, 03c45553)
2013-06-07 12:32:58: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:32:58, Verification failed, check hardware! (1:0:Barts, 7b6bdb9d)
2013-06-07 12:33:00: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:33:00, Verification failed, check hardware! (1:0:Barts, 1c3be855)
2013-06-07 12:33:12: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:33:12, Verification failed, check hardware! (1:0:Barts, 0704577d)
2013-06-07 12:33:17: Listener for "6850": stratum.bitcoin.cz:3333 07/06/2013 12:33:17, Verification failed, check hardware! (1:0:Barts, 832d17b7)



Just atarted happening, whats going on? any insight or help would be apperciated.
Psyrick
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June 07, 2013, 04:46:19 PM
 #9763

Checked the Gox graph lately? The last time BTC prices crashed this hard, Dwolla had just gotten snuffed out. Any idea what we're looking at this time? My guess is it has something to do with their policy change about account verification for fiat currency withdraws. Suppose it's going to jump back again? If so, it's a great time to swap your Gox dollars for BTC and sell them elsewhere if you don't just use them up instead. If it stabilizes at around $100, no big deal, still worth it for me. If it keeps dropping... Party's over! Everyone out of the pool. ASIC owners will enjoy their fancy bricks while GPU miners play games at max video settings.

BORG 1TA3CQfApBtHafdCRkXAUj2XiaHipPgVA
digital
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June 07, 2013, 04:58:38 PM
 #9764

Checked the Gox graph lately? The last time BTC prices crashed this hard, Dwolla had just gotten snuffed out. Any idea what we're looking at this time? My guess is it has something to do with their policy change about account verification for fiat currency withdraws. Suppose it's going to jump back again? If so, it's a great time to swap your Gox dollars for BTC and sell them elsewhere if you don't just use them up instead. If it stabilizes at around $100, no big deal, still worth it for me. If it keeps dropping... Party's over! Everyone out of the pool. ASIC owners will enjoy their fancy bricks while GPU miners play games at max video settings.

It's really not much to worry about.  If you'd have been watching the price for the last two years you would realize that this is the most stable it has been since it was around $5 / btc.  The price of btc has been super volatile over the last 2-3 years...

Nothing to see here, move along...

If I help you out: 17QatvSdciyv2zsdAbphDEUzST1S6x46c3
References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
diskodasa
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BTC 1Hek4mF4sHcpEJpQdeKwN2i1rVrK5JcZuy


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June 07, 2013, 05:08:37 PM
 #9765

Checked the Gox graph lately? The last time BTC prices crashed this hard, Dwolla had just gotten snuffed out. Any idea what we're looking at this time? My guess is it has something to do with their policy change about account verification for fiat currency withdraws. Suppose it's going to jump back again? If so, it's a great time to swap your Gox dollars for BTC and sell them elsewhere if you don't just use them up instead. If it stabilizes at around $100, no big deal, still worth it for me. If it keeps dropping... Party's over! Everyone out of the pool. ASIC owners will enjoy their fancy bricks while GPU miners play games at max video settings.

You said it!!!

Withdraws from MtGox in EUR is on hold for more than 2 weeks....

1Hek4mF4sHcpEJpQdeKwN2i1rVrK5JcZuy
Herp-a-derp
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June 07, 2013, 05:30:16 PM
 #9766

Someone dumped a lot of BTC on to Gox last Sunday cueing the initial big value drop. This was followed by a smaller dump today which has accelerated the drop.


I imagine it will rise again until the next dump.
bigbeninlondon
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June 07, 2013, 05:44:53 PM
 #9767

So I was under the impression that the difficulty just meant that blocks were found more slowly.  But it appears that my hashrate has fallen about 20% across all of my miners.  Is this to be expected?  I'll check the miners when I get home, but I thought my MH/s would remain unaffected, I would just have a smaller payout.

I guess I'm still a little unclear how the difficulty affects the mining.  Can someone enlighten me on what my expectations should be?
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June 07, 2013, 06:02:23 PM
 #9768

So I was under the impression that the difficulty just meant that blocks were found more slowly.  But it appears that my hashrate has fallen about 20% across all of my miners.  Is this to be expected?  I'll check the miners when I get home, but I thought my MH/s would remain unaffected, I would just have a smaller payout.

I guess I'm still a little unclear how the difficulty affects the mining.  Can someone enlighten me on what my expectations should be?

The Pool GH/s has gone up another 1,000 gh/s which effects pay out % not your hashrate, nor would a diff increase that happened yesterday morning effect a hasah rate a day later....

 However you are saying your HASHRATE went down.... I know some IP's were offline all morning so maybe you were using those ip's and therefore not mining for an hour or 2.
Lucko
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June 07, 2013, 06:05:20 PM
 #9769

Checked the Gox graph lately? The last time BTC prices crashed this hard, Dwolla had just gotten snuffed out. Any idea what we're looking at this time? My guess is it has something to do with their policy change about account verification for fiat currency withdraws. Suppose it's going to jump back again? If so, it's a great time to swap your Gox dollars for BTC and sell them elsewhere if you don't just use them up instead. If it stabilizes at around $100, no big deal, still worth it for me. If it keeps dropping... Party's over! Everyone out of the pool. ASIC owners will enjoy their fancy bricks while GPU miners play games at max video settings.

It's really not much to worry about.  If you'd have been watching the price for the last two years you would realize that this is the most stable it has been since it was around $5 / btc.  The price of btc has been super volatile over the last 2-3 years...

Nothing to see here, move along...
And my bot love it(volatility)... It making me BTC...
So I was under the impression that the difficulty just meant that blocks were found more slowly.  But it appears that my hashrate has fallen about 20% across all of my miners.  Is this to be expected?  I'll check the miners when I get home, but I thought my MH/s would remain unaffected, I would just have a smaller payout.

I guess I'm still a little unclear how the difficulty affects the mining.  Can someone enlighten me on what my expectations should be?
Hashrate follen? Reword or hashrate? If you didn't lost a card it shouldn't drop. Unless you are spiking about reword for block...
AngelusWebDesign
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June 07, 2013, 06:35:08 PM
 #9770

What's up with the Russian text on the "My Account" page? Has the site been hacked or something?
5120-01-518-6126
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June 07, 2013, 06:37:16 PM
 #9771

What's up with the Russian text on the "My Account" page? Has the site been hacked or something?

Think you might have to reselect your language flag.
bigbeninlondon
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June 07, 2013, 06:39:40 PM
 #9772

Checked the Gox graph lately? The last time BTC prices crashed this hard, Dwolla had just gotten snuffed out. Any idea what we're looking at this time? My guess is it has something to do with their policy change about account verification for fiat currency withdraws. Suppose it's going to jump back again? If so, it's a great time to swap your Gox dollars for BTC and sell them elsewhere if you don't just use them up instead. If it stabilizes at around $100, no big deal, still worth it for me. If it keeps dropping... Party's over! Everyone out of the pool. ASIC owners will enjoy their fancy bricks while GPU miners play games at max video settings.

It's really not much to worry about.  If you'd have been watching the price for the last two years you would realize that this is the most stable it has been since it was around $5 / btc.  The price of btc has been super volatile over the last 2-3 years...

Nothing to see here, move along...
And my bot love it(volatility)... It making me BTC...
So I was under the impression that the difficulty just meant that blocks were found more slowly.  But it appears that my hashrate has fallen about 20% across all of my miners.  Is this to be expected?  I'll check the miners when I get home, but I thought my MH/s would remain unaffected, I would just have a smaller payout.

I guess I'm still a little unclear how the difficulty affects the mining.  Can someone enlighten me on what my expectations should be?
Hashrate follen? Reword or hashrate? If you didn't lost a card it shouldn't drop. Unless you are spiking about reword for block...

Both; And I have several machines mining, and they've all dropped off.  Some 10%, some 25%.  But across the board, every device has lost hashing power.

I know that Slush's report of my hashrate can be a little off, but it's been consistently down since yesterday AND the reward has fallen in tandem.
digital
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June 07, 2013, 07:13:30 PM
 #9773

The difficulty changes are designed to keep blocks being found at a steady pace.  So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.

That's how we can predict when the next block halving will be.  It's all about math.  And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks.  So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.

If I help you out: 17QatvSdciyv2zsdAbphDEUzST1S6x46c3
References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
bigbeninlondon
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June 07, 2013, 07:15:20 PM
 #9774

The difficulty changes are designed to keep blocks being found at a steady pace.  So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.

That's how we can predict when the next block halving will be.  It's all about math.  And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks.  So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.

So the lower hashrate is specific to me, correct?  What I SHOULD see is the same hashrate, the same payout just less often.
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June 07, 2013, 07:17:07 PM
 #9775

Checked the Gox graph lately? The last time BTC prices crashed this hard, Dwolla had just gotten snuffed out. Any idea what we're looking at this time? My guess is it has something to do with their policy change about account verification for fiat currency withdraws. Suppose it's going to jump back again? If so, it's a great time to swap your Gox dollars for BTC and sell them elsewhere if you don't just use them up instead. If it stabilizes at around $100, no big deal, still worth it for me. If it keeps dropping... Party's over! Everyone out of the pool. ASIC owners will enjoy their fancy bricks while GPU miners play games at max video settings.

It's really not much to worry about.  If you'd have been watching the price for the last two years you would realize that this is the most stable it has been since it was around $5 / btc.  The price of btc has been super volatile over the last 2-3 years...

Nothing to see here, move along...


Digital, you mentioned virwox as one of you're btc selling sites of choice. Does it take a while to get usd out of there? I've got a bunch in BTC-E i'm gonna unload when the price recovers and need a better/faster place to dump some coins. Thanks in advance.
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June 07, 2013, 07:21:54 PM
 #9776

incase people haven't realised it, the easiest way to turn BTCs into US$ is to buy ASICminers and sell them on eBay. heh.

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
auseeker
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June 07, 2013, 07:24:38 PM
 #9777

incase people haven't realised it, the easiest way to turn BTCs into US$ is to buy ASICminers and sell them on eBay. heh.


lol i bought 1 in arklan's group buy and its mining away happily right now. Was gonna buy more and sell on ebay, but everyone else has the same idea and the price will adjust itself accordingly i'm guessing.
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June 07, 2013, 07:27:33 PM
 #9778

incase people haven't realised it, the easiest way to turn BTCs into US$ is to buy ASICminers and sell them on eBay. heh.


lol i bought 1 in arklan's group buy and its mining away happily right now. Was gonna buy more and sell on ebay, but everyone else has the same idea and the price will adjust itself accordingly i'm guessing.

yeah but the price shouldn't drop below the exchange rate, otherwise it makes more sense to use them yourself.

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
nottm28
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June 07, 2013, 07:32:31 PM
 #9779

The difficulty changes are designed to keep blocks being found at a steady pace.  So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.

That's how we can predict when the next block halving will be.  It's all about math.  And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks.  So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.

So the lower hashrate is specific to me, correct?  What I SHOULD see is the same hashrate, the same payout just less often.

Your hash rate should be stable - it will fluctuate slightly depending on individual worker luck - but if you had about 2 GH/s last week, then you should still have 2 GH/s this week. This is regardless of difficulty increases, increases in the pool hash rate or increases in the network hash rate.

That is the easy bit - your own hash rate is a relative constant.

Now, assuming your own hash rate remains constant (and you not adding in lots of usb miners - so you stay at 2 GH/s):

1) If the pool hash rate increases but the total network hash rate stays the same (so in other words, other existing miners move their rigs over to slush's pool)?

Then you should expect to find blocks more frequently - but your share of the payouts will go down slightly. Net effect is you earn the same over a week.

2) If slush's pool hash rate remains the same but the overall network hash rate increases?

Then you should expect to find blocks less frequently - but your share of the payouts will remain the same. Net effect is you earn less per week.

3) More typically, if slush's pool hash rate increases and the total network hash rate increases proportionally?

Then you should expect to find blocks relatively consistently - but your share of the payouts will go down. Net effect is you earn less per week.

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digital
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June 07, 2013, 07:38:19 PM
 #9780


Digital, you mentioned virwox as one of you're btc selling sites of choice. Does it take a while to get usd out of there? I've got a bunch in BTC-E i'm gonna unload when the price recovers and need a better/faster place to dump some coins. Thanks in advance.

Not at all.  But only if you use paypal.

I always use paypal.  Usually it takes a couple hours total.  And that includes confirmations.

Here's the process (it was a little confusing for me at first):

You deposit btc into your virwox wallett, wait for them to confirm
Sell the BTC for SLL
Sell the SLL for USD
Withdraw the USD via paypal.

Sometimes there is a delay before the paypal transaction gets proessed, but I've never had the total process take more than 6 hours.  And it works just as easy in reverse.  In my opinion it's the best way to buy and sell btc via paypal.

EDIT:  Fair warning though, it tends to be a little more pricey than waiting.  But for me it's worth the extra cost for getting my money (or btc) fast.

If I help you out: 17QatvSdciyv2zsdAbphDEUzST1S6x46c3
References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
Pages: « 1 ... 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 [489] 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 ... 1105 »
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