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Question: What type of pool payouts do you prefer?
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Author Topic: [2.5+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4325929 times)
MrTeal
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January 06, 2015, 05:06:34 PM
 #20281

The so-called "luck" is only a measure of past success and always averages out. Next week this thing you call luck will be 20% and you will be wondering where your luck went and who jinxed the pool, etc.
No, bitcoin luck is computed as a factor of the probability of finding a block given your (the pool's) hashing power and the network hashing power, given that the number of blocks that can be released by the network in the effective timeframe is known.

In our case (and this is a conspiracy theory of some magnitude!), I am thinking the new hardware that hit the market of late, ahem... S5 ... have not been deployed en-masse on slush, but elsewhere, and that is reducing their luck thus we pick up the pieces where we were beaten by a matter of seconds before! Of-course, that theory assumes there is something wrong with the S5's (even the S3 variants and other bitmain rigs updated with the Jan firmware!).
One small (but important) correction: Pool luck is dependent on the pool hashrate and current difficulty, not network hashrate. In this case it would matter because adding hashing power to the rest of the network (no matter what kind it is) doesn't affect Slush's luck. The ~10PH/s on Slush will still find X blocks/day whether the network is 20PH/s or 2000PH/s, at least until the next difficulty retarget.

There is also no limit on the number of blocks that can be released on the network in a given timeframe. Difficulty will adjust to try and get a block every 10 minutes, but you could have all 2016 blocks of one difficulty period found in one day as opposed to two weeks.
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pekatete
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January 06, 2015, 05:41:00 PM
 #20282

^^^ Clear as mud .....

Sir Alan
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January 07, 2015, 03:42:42 PM
 #20283

The so-called "luck" is only a measure of past success
Agreed

Quote
and always averages out.
It ain't necessarily so.  That's the gambler's fallacy.  It assumes that the universe somehow keeps a record of past events in order to even things up, and confuses luck with probability.  In an essentially random system such as bitcoin mining, just because it averaged out in the past doesn't mean it must always do so.

1Eeyore17YeHrbJW5Q3pSdV8sXujkdrrFc
rpandassociates
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January 07, 2015, 04:21:30 PM
 #20284

ahhhh who quit dancing hahahahaha Grin
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January 10, 2015, 05:25:48 AM
 #20285

Just a little tip one of my S3+s keep showing low hash rate at the pool, i tried many different pools and it was always that one unit coming in low. I tried different power supplys different settings. An what do you know I replaced The LAN cable and blam right in line with the rest.....  Undecided
Mick2000
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January 10, 2015, 01:56:49 PM
 #20286

Just a little tip one of my S3+s keep showing low hash rate at the pool, i tried many different pools and it was always that one unit coming in low. I tried different power supplys different settings. An what do you know I replaced The LAN cable and blam right in line with the rest.....  Undecided


Genius! i've been struggling with the same problem on all 3 miners. (S3, S3+ & S2) Changed all for better quality cables. Hash a treat now. Thanks for the advice!   Grin
SargeR33
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January 11, 2015, 01:18:51 AM
 #20287

What the other guy said about leveling out, 10 - 14hrs between blocks.

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January 11, 2015, 11:03:13 AM
 #20288

usually my auto payouts  after 1,5-2 days , last payout recived 2015-01-07 03:04:05 3-4days ago??
runs 2,8TH, week ago added +1,6THs, ~4,3total now.
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January 12, 2015, 06:31:38 AM
 #20289

usually my auto payouts  after 1,5-2 days , last payout recived 2015-01-07 03:04:05 3-4days ago??
runs 2,8TH, week ago added +1,6THs, ~4,3total now.

Welcome to the wonderful world of mining bitcoins.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
rupy
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January 14, 2015, 01:07:21 AM
 #20290

I'm sure this must have been proposed already, and maybe it doesn't work, but if you added a "finders keepers" option to the pool; that would give you more BTC if you find a block from others that also tick that box, I would certainly tick it! It doesn't have to be much, or maybe you can have multiple values so you will get extra BTC when you find a block in proportion to the others that are in your group. Say 5%, 25% and 50%...

Everyone that doesn't tick the box are unaffected so this would only add a little more "game" for the "perceived as lucky".

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pekatete
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January 14, 2015, 01:09:20 AM
 #20291

I'm sure this must have been proposed already, and maybe it doesn't work, but if you added a "finders keepers" option to the pool; that would give you more BTC if you find a block from others that also tick that box, I would certainly tick it! It doesn't have to be much, or maybe you can have multiple values so you will get extra BTC when you find a block in proportion to the others that are in your group. Say 5%, 25% and 50%...

Everyone that doesn't tick the box are unaffected so this would only add a little more "game" for the "perceived as lucky".
solo mining = finders keepers.
nuff said.

rupy
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January 14, 2015, 01:23:05 AM
 #20292

Also what about adding cometstream to stratum so that we can pool over port 80?

https://code.google.com/p/rupy/wiki/CometStream

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kkurtmann
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January 14, 2015, 05:08:07 AM
 #20293

Also what about adding cometstream to stratum so that we can pool over port 80?

https://code.google.com/p/rupy/wiki/CometStream

I looked at your link but can't see any reason for this. Can you enlighten me?

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
SargeR33
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January 14, 2015, 07:13:05 AM
 #20294

When you consider how small Slush pools hashrate distribution is, you'll realise what "luck" is when we find those blocks with 1 - 3hr round times. THAT is luck, what is happening now is normal. Want to test your own luck? Mine with 6th, you could find a block in a couple months or 33 years.

I'm dedicated to this pool. Yeah its a gamble, but I invested some of my BTC in extra mining power. If we find a block in the 17hrs, I'll be happy. If not, I won't be fussed about it. The whole bitcoin thing is becoming a bigger gamble every day. Stand to lose more than you earn. People are still expecting huge bounces. I won't expect any bounce. I'll just do what I can afford until its over.

rupy
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January 14, 2015, 09:09:40 AM
 #20295

@kkurtmann Well, it's just simpler to have everything synchronize over on port, now you need two solutions: 1 webserver and then 1 socketserver with memory leaks, file descriptor leaks, thread management, etc. Basically it's the way we should all go; microservices HTTP-only is a good standard so firewalls and scaling works the same way everywhere, language agnostic, so we can focus on the product with different tools; because developers want them, not because some guy with a suit & tie had a bad morning and needed complexity to keep his job.

@SargeR33 @pekatete I can tell you never found 2 blocks in one week after earning only like 2 BTC on the pool... 50 vs. 2 that's like 2500% and it feels wrong. After all being lucky is the meaning of life. If you mine you already won the lottery! Wink

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pekatete
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January 14, 2015, 11:45:26 AM
 #20296

@SargeR33 @pekatete I can tell you never found 2 blocks in one week after earning only like 2 BTC on the pool... 50 vs. 2 that's like 2500% and it feels wrong. After all being lucky is the meaning of life. If you mine you already won the lottery! Wink
What on earth are you on about? I know the bitcoin price is tanking like there's no tomorow, but care to say that again in plain English?

Moria843
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January 14, 2015, 01:35:53 PM
 #20297

I'm sure this must have been proposed already, and maybe it doesn't work, but if you added a "finders keepers" option to the pool; that would give you more BTC if you find a block from others that also tick that box, I would certainly tick it! It doesn't have to be much, or maybe you can have multiple values so you will get extra BTC when you find a block in proportion to the others that are in your group. Say 5%, 25% and 50%...

Everyone that doesn't tick the box are unaffected so this would only add a little more "game" for the "perceived as lucky".

I suggested the following in the development corner:
At the end of each week give everyone that found one or more confirmed blocks during the week a 0.3 BTC bonus. Could even add a weekly bonus section to "Hall of Fame" or a separate "Bonus Awards" section to the pool stats. This would be a special acknowledgement that will especially make small miners (who do not find blocks often or will never make current "Hall of Fame") happy while not significantly reducing the payout to other pool members.

Been waiting for "admin review" for about 2 months.

Hot time, summer in the city, back of my mine getting hot & gritty!!!
bad1bob
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January 14, 2015, 04:10:45 PM
 #20298

blocks mined cut in half here over the last week, BTC half the price they where a month ago, whats next ?
Rudler
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January 14, 2015, 04:18:28 PM
 #20299

What happend again to the blocktimes?
7:59:20.....
18:00:05....
11:29:28.....
actual block: 21:37:34

One week ago, the blocks were flying and now?

Somebody have a reason for this?
digicoinuser
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January 14, 2015, 07:09:51 PM
 #20300

What happend again to the blocktimes?
7:59:20.....
18:00:05....
11:29:28.....
actual block: 21:37:34

One week ago, the blocks were flying and now?

Somebody have a reason for this?


Dunno, mining is volatile and not on a set schedule.  I thought it was a nice holiday reward.   Smiley

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