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Herv12
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May 11, 2016, 11:53:08 AM |
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Wow...after everything there are still people mining Slush ?!?
This is called "an inertia". It is rather a lot of people who mine know variance effects and know that after rain comes sunshine. No need to hurry. Moreover it seems that the sun shines on the pool of slush now! |
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Whoever mines the block which ends up containing your transaction will get its fee.
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jonnybravo0311
Legendary
 Offline
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
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May 11, 2016, 12:12:18 PM |
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Wow...after everything there are still people mining Slush ?!?
This is called "an inertia". It is rather a lot of people who mine know variance effects and know that after rain comes sunshine. No need to hurry. Moreover it seems that the sun shines on the pool of slush now! If people truly understood how the variance works, they'd know that past rain has no bearing whatsoever on future sunshine. |
Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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philipma1957
Legendary
Offline
Activity: 4102
Merit: 7764
'The right to privacy matters'
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May 11, 2016, 02:02:57 PM |
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Wow...after everything there are still people mining Slush ?!?
This is called "an inertia". It is rather a lot of people who mine know variance effects and know that after rain comes sunshine. No need to hurry. Moreover it seems that the sun shines on the pool of slush now! If people truly understood how the variance works, they'd know that past rain has no bearing whatsoever on future sunshine. while that is true it is only true with completely level equipment and software. Best two examples as follows 1) two guys flip a set of true coins. They both should do 50 -50 But one guy is very good with his hands and due to his skill level can truly flip and get 55-45 That would be great software. 2) two guys flip a set of coins one is loaded to turn heads so the guy with a loaded coin will do 53-47 This would be great servers + great internet + ddos protection So in our game 100% luck may not be normal for the pool of your choice. The pool with months of 93% luck may be doing its best since it works with poor software or is ddos over and over. And a pool with months of 102% luck may be under preforming and having truly bad luck. Since it is coded great, has great gear ,great internet, and great ddos protection. So how do you determine what pool to use? Beats me I use 3 or 4 of them. |
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jonnybravo0311
Legendary
Offline
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
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May 11, 2016, 02:14:39 PM |
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Hardware, connectivity, software, etc all do indeed play roles in the overall performance of a pool. For example, we all know there are some "bad actors" out there, and those actors have taken advantage via block withholding attacks (here, Eligius, BTCGuild).
However, my point wasn't to compare the possibilities of someone gaming the system to influence things, it was simply a statement that past performance has no bearing on future performance. Previous events (i.e. I solved 5 blocks in a row under 0.5 CDF) do not influence future. In other words, you cannot state, "We have been unlucky for the past 5 blocks, therefore, we are due for good luck." Or, to use the euphemism of the previous poster, "yesterday's rain does not guarantee today's sunshine."
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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philipma1957
Legendary
Offline
Activity: 4102
Merit: 7764
'The right to privacy matters'
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May 11, 2016, 02:20:18 PM |
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Hardware, connectivity, software, etc all do indeed play roles in the overall performance of a pool. For example, we all know there are some "bad actors" out there, and those actors have taken advantage via block withholding attacks (here, Eligius, BTCGuild).
However, my point wasn't to compare the possibilities of someone gaming the system to influence things, it was simply a statement that past performance has no bearing on future performance. Previous events (i.e. I solved 5 blocks in a row under 0.5 CDF) do not influence future. In other words, you cannot state, "We have been unlucky for the past 5 blocks, therefore, we are due for good luck." Or, to use the euphemism of the previous poster, "yesterday's rain does not guarantee today's sunshine."
True enough. |
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d57heinz
Legendary
Offline
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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May 11, 2016, 02:24:47 PM |
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http://www.newmusicbox.org/articles/From-Computer-Models-of-Musical-Creativity/ i take it noone read this.  too each their own.. This is all about perspective. we all know that after 10,000 blocks it will be near .5 cdf. 100 % luck whatever your flavor, using that logic one can (not with 100% certainty) predict future luck.. I say do what you want. Again its a perspective issue. Best Regards d57heinz
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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jmumich
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May 11, 2016, 02:28:19 PM |
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Wow...after everything there are still people mining Slush ?!?
This is called "an inertia". It is rather a lot of people who mine know variance effects and know that after rain comes sunshine. No need to hurry. Moreover it seems that the sun shines on the pool of slush now! If people truly understood how the variance works, they'd know that past rain has no bearing whatsoever on future sunshine. Maybe a better way to put it is that while it is raining, that is to be expected, because it will rain from time to time. But we can also expect sunshine, because there will be sunshine from time to time. Over a long enough period of time, we are likely to see that we've had the appropriate amount of rain and sunshine. |
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jonnybravo0311
Legendary
Offline
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
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May 11, 2016, 02:30:15 PM |
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Yes, that is exactly how you can state it.
@d57: 100% luck is 0.63 CDF.
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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CarrollFilms
Full Member
Offline
Activity: 156
Merit: 100
Can I eat a Bitcoin?
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May 13, 2016, 06:00:02 PM |
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Did anybody else notice the 10+ Ph/s jump in the pool hash rate?
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Back in my day Bitcoin used to cost $69
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Efficiency V
Newbie
Offline
Activity: 25
Merit: 0
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May 17, 2016, 03:51:01 AM |
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Did anybody else notice the 10+ Ph/s jump in the pool hash rate?
Yeah, its over 70 now... but its not helping lol 7.5 hours without a block  |
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xman77
Newbie
Offline
Activity: 21
Merit: 0
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May 19, 2016, 07:39:27 AM |
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Did anybody else notice the 10+ Ph/s jump in the pool hash rate?
Yeah, its over 70 now... but its not helping lol 7.5 hours without a block The blocks just rolling like crazy my friend....haven't seen it? |
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sbtctalk
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May 19, 2016, 03:59:02 PM |
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Are there any compelling reasons that make miners stay on this pool?
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13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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Erumara
Full Member
Offline
Activity: 140
Merit: 100
I mine because math
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May 19, 2016, 04:52:34 PM |
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Are there any compelling reasons that make miners stay on this pool?
Pros: 1. Transparency that goes far above and beyond any other pool that I am aware of. 2. Really nicely done GUI, tools, and statistics. 3. Democratic hashpower voting for user-submitted proposals. (Never heard of another pool doing this) 4. Years of experience and uptime coupled with a continually evolving system. 5. Backed by large amount of hashpower including some mines over 1PH. 6. Can use Google 2FA for wallet address changes (As well as perm-locking an address to an account) really nice security features. Cons: 1. Slightly higher PPS fees. 2. Seems to attract a lot of hate, haven't figured that one out yet. Feel free to look back over the debate spanning basically the entire life of this post, but better question: Do you have any compelling reason why not to use this pool? |
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bittalc1
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May 19, 2016, 07:55:26 PM |
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Are there any compelling reasons that make miners stay on this pool?
Pros: 1. Transparency that goes far above and beyond any other pool that I am aware of. 2. Really nicely done GUI, tools, and statistics. 3. Democratic hashpower voting for user-submitted proposals. (Never heard of another pool doing this) 4. Years of experience and uptime coupled with a continually evolving system. 5. Backed by large amount of hashpower including some mines over 1PH. 6. Can use Google 2FA for wallet address changes (As well as perm-locking an address to an account) really nice security features. Cons: 1. Slightly higher PPS fees. 2. Seems to attract a lot of hate, haven't figured that one out yet. Feel free to look back over the debate spanning basically the entire life of this post, but better question: Do you have any compelling reason why not to use this pool? Transparency my ass, communication zero! Dont lie to him please |
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Erumara
Full Member
Offline
Activity: 140
Merit: 100
I mine because math
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May 19, 2016, 08:36:46 PM |
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Hate-bait successful! Please refer to Pros #1: Reference https://slushpool.com/stats/hashrate_proof/Please also refer to Cons #2: Transparency my ass, communication zero! Dont lie to him please
More hate, based on no facts, with no references and no evidence. I still fail to understand it. What pool anyone chooses is precisely none of your concern, anyone with EVIDENCE insisting that Slushpool is not entirely legit is still HIGHLY ENCOURAGED to come forth with it. I'm not about to put a bounty on this information, but if anyone HAD such evidence and refused to share it, that would make them a far shittier person than any pool operator scamming their members.
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bittalc1
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May 19, 2016, 08:56:06 PM |
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Hate-bait successful! Please refer to Pros #1: Reference https://slushpool.com/stats/hashrate_proof/Please also refer to Cons #2: Transparency my ass, communication zero! Dont lie to him please
More hate, based on no facts, with no references and no evidence. I still fail to understand it. What pool anyone chooses is precisely none of your concern, anyone with EVIDENCE insisting that Slushpool is not entirely legit is still HIGHLY ENCOURAGED to come forth with it. I'm not about to put a bounty on this information, but if anyone HAD such evidence and refused to share it, that would make them a far shittier person than any pool operator scamming their members. ok sorry didnt knew that slush made it possible to see the hashrate proof, but again that is because of lack of communication. Not all use facebook to see his updates. If he is more acitve here maybe he will atract more PH. |
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xman77
Newbie
Offline
Activity: 21
Merit: 0
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May 19, 2016, 11:34:32 PM |
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Since this January all my payouts from Slush pool show as this transaction is not standard and should not be trusted, why is it like that?
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kano
Legendary
Offline
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
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May 20, 2016, 01:29:59 AM |
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genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners
slush hid this ... I wonder why
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fanatic26
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May 20, 2016, 01:51:19 AM |
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If someone takes the time to do the math on all that information they freely share, they might see where the problem lies. Like an almost exactly 10% less payout that expected over the life of the pool...
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Stop buying industrial miners, running them at home, and then complaining about the noise.
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d57heinz
Legendary
Offline
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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May 20, 2016, 01:52:36 AM |
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genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners
slush hid this ... I wonder why
Thanks Kano for always providing transparency. Best Regards d57heinz |
As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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