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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)
bspurloc
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June 24, 2013, 04:54:48 PM
 #10541

Looks like slush is down 1000+ ghash in the last 24 hours.

not 24 hours... the 3 hour of down time shaved it off....
now need to shave off another 2,000gh/s and get back to better earnings!
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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bspurloc
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June 24, 2013, 04:56:03 PM
 #10542

Down and not pay. I'm worked 5hours for nothing, but Sulsh collected rewards.
18739   2013-06-24 13:11:51   0:00:14   41528      none   none   
18738   2013-06-24 13:11:37   5:25:06   35542283      4469   0.00000000   
18737   2013-06-24 07:46:31   1:48:18   28239829      2130   0.00313965

Same here.  I don't get much anyways and working for 5 hours for 0 is bad. Then I missed the fast one afterwards.  Angry

Same here:

18739    2013-06-24 13:11:51    0:00:14    41528         none    none
18738    2013-06-24 13:11:37    5:25:06    35542283    2853    0.00000000

Hm, none of them has reached the 55 activity limit... So no wonder...
(See activity values inserted in quote headers.)
What is this 55 activity limit?
If activity is less than 55, they get no reward for shares submitted?


Sorry I ever started this now https://bitcointalk.org/index.php?topic=1976.msg2440026#msg2440026 - it was a joke...

Of COURSE it was a joke.  And it's still very funny...


cruel funny too! especially with the new "RULES" it is basically impossible to get to 55.
I am beginning to think 42 is on my back
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June 24, 2013, 04:56:45 PM
 #10543

Looks like slush is down 1000+ ghash in the last 24 hours.

not 24 hours... the 3 hour of down time shaved it off....
now need to shave off another 2,000gh/s and get back to better earnings!

Yeah - my estimated earnings climbed from .0131 to  a whopping .0135 per block  Grin

_.•´¯`•._.•´¯`•.UNILOT.•´¯`•._.•´¯`•._

Play, Bet and Win Big! BOUNTY|AFFILIATE
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June 24, 2013, 04:59:02 PM
 #10544


cruel funny too! especially with the new "RULES" it is basically impossible to get to 55.
I am beginning to think 42 is on my back

Yeah - what's up with that?  I see all these old timers running around with activity = 42.  Did I miss some announcement?

_.•´¯`•._.•´¯`•.UNILOT.•´¯`•._.•´¯`•._

Play, Bet and Win Big! BOUNTY|AFFILIATE
digital
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June 24, 2013, 05:05:56 PM
 #10545


cruel funny too! especially with the new "RULES" it is basically impossible to get to 55.
I am beginning to think 42 is on my back

Yeah - what's up with that?  I see all these old timers running around with activity = 42.  Did I miss some announcement?

My activity count is almost identical to what my post count was before the change.

Call me crazy, but I'm one of the rare posters who actually tries to stick to meaningful and helpfull topics when I post...

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
m5
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June 24, 2013, 05:34:34 PM
 #10546

Which pool do you suggest as a backup? As I have only about 500 MHash/s I want pool with small minimum payout.
Paulizei
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June 24, 2013, 05:42:06 PM
 #10547

Which pool do you suggest as a backup? As I have only about 500 MHash/s I want pool with small minimum payout.

Bitminter has a payout threshold as low as 0.01 and with its PPLNS it's seems to be a good backup pool IMHO
nottm28
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June 24, 2013, 05:54:03 PM
 #10548


cruel funny too! especially with the new "RULES" it is basically impossible to get to 55.
I am beginning to think 42 is on my back

Yeah - what's up with that?  I see all these old timers running around with activity = 42.  Did I miss some announcement?

My activity count is almost identical to what my post count was before the change.

Call me crazy, but I'm one of the rare posters who actually tries to stick to meaningful and helpfull topics when I post...

https://bitcointalk.org/index.php?topic=86580.0

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nottm28
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June 24, 2013, 05:56:54 PM
 #10549

Which pool do you suggest as a backup? As I have only about 500 MHash/s I want pool with small minimum payout.

bitparking needs your spare hashes - admirable pool - only 2-4TH/s normally but they offer NMC, DVC and IXC when you mine BTC.

https://bitcointalk.org/index.php?topic=1976.msg2565283#msg2565283

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gourmet
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June 24, 2013, 06:19:00 PM
 #10550


cruel funny too! especially with the new "RULES" it is basically impossible to get to 55.
I am beginning to think 42 is on my back

Yeah - what's up with that?  I see all these old timers running around with activity = 42.  Did I miss some announcement?

My activity count is almost identical to what my post count was before the change.

Call me crazy, but I'm one of the rare posters who actually tries to stick to meaningful and helpfull topics when I post...

https://bitcointalk.org/index.php?topic=86580.0

Activity & new membergroup limits in the Meta section is now a more appropriate link.

The magical number of 42 is not only the Answer to the Ultimate Question of Life, the Universe, and Everything, but also 3*14. That means that these "oldtimers" have been posting through three fortnights at best.
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June 24, 2013, 07:05:07 PM
 #10551

I'm confused, people are complaining about the increase in the pool's hash rate because their return per block has gone down? If our hashrate goes down, doesn't some other pool's hashrate go up and they get more blocks while we get fewer blocks?

Personally, since the entire Bitcoin hash rate is rising, i think that i'd prefer a smaller piece of more blocks. the only way to increase or maintain your earning rate is to increase your own hash rate.
trasla
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June 24, 2013, 07:30:32 PM
 #10552

Pools hashrate does not matter, really.
The higher it is, the smoother your earnings will be, but its either bigger parts of fewer blocks or smaller parts of more blocks, average the same, as long as the difficulty stays the same.
nottm28
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June 24, 2013, 07:41:47 PM
 #10553

Pools hashrate does not matter, really.
The higher it is, the smoother your earnings will be, but its either bigger parts of fewer blocks or smaller parts of more blocks, average the same, as long as the difficulty stays the same.

Exactly Smiley

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 are 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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trasla
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June 24, 2013, 07:44:45 PM
 #10554

2) and 3) is not true until difficulty adjusts - so you earn less in the long run, but until the next retarget everybody just earns more, because due to increased network hashrate, blocks will be found more frequently than every ten minutes.
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June 24, 2013, 08:00:14 PM
 #10555

2) and 3) is not true until difficulty adjusts - so you earn less in the long run, but until the next retarget everybody just earns more, because due to increased network hashrate, blocks will be found more frequently than every ten minutes.

Sorry I beg to differ. Difficulty is simply a reflection of hash rate - not the other way around. Hash rate is the master - difficulty comes into play in an attempt to make 1 block be found every 10 mins. If someone plugged in a 100 TH miner into the network then it would take a while for difficulty to adjust - but your reward would go down straight away.

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trasla
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June 24, 2013, 08:06:16 PM
 #10556

Why should my reward go down?
The frequency in which i find blocks with a given difficulty does not depend on the network hashrate in any way.
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June 24, 2013, 08:09:48 PM
 #10557

Why should my reward go down?
The frequency in which i find blocks with a given difficulty does not depend on the network hashrate in any way.

Actually, it does because the higher the hashrate relative to yours, the better the odds that someone will fing the next block before you do and you'll have to start all over.
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June 24, 2013, 08:10:57 PM
 #10558

2) and 3) is not true until difficulty adjusts - so you earn less in the long run, but until the next retarget everybody just earns more, because due to increased network hashrate, blocks will be found more frequently than every ten minutes.

Sorry I beg to differ. Difficulty is simply a reflection of hash rate - not the other way around. Hash rate is the master - difficulty comes into play in an attempt to make 1 block be found every 10 mins. If someone plugged in a 100 TH miner into the network then it would take a while for difficulty to adjust - but your reward would go down straight away.

Incorrect regarding rewards, at least directly.  You would still see the same rewards until difficulty adjusted.  You may be mixing up reduces rewards per round (which would happen if pool speed increases), but that's the same net reward for the difficulty since more rounds would complete.

The only immediate reduction in rewards would be the result of orphaned blocks and stale shares.  When the network is producing blocks faster than it should, the rate of orphans and stale shares is higher.  This is a marginal decrease though (fractions of a % decrease in rewards for the remainder of the difficulty).

RIP BTC Guild, April 2011 - June 2015
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June 24, 2013, 08:14:03 PM
 #10559

2) and 3) is not true until difficulty adjusts - so you earn less in the long run, but until the next retarget everybody just earns more, because due to increased network hashrate, blocks will be found more frequently than every ten minutes.

Sorry I beg to differ. Difficulty is simply a reflection of hash rate - not the other way around. Hash rate is the master - difficulty comes into play in an attempt to make 1 block be found every 10 mins. If someone plugged in a 100 TH miner into the network then it would take a while for difficulty to adjust - but your reward would go down straight away.

Incorrect regarding rewards, at least directly.  You would still see the same rewards until difficulty adjusted.  You may be mixing up reduces rewards per round (which would happen if pool speed increases), but that's the same net reward for the difficulty since more rounds would complete.

The only immediate reduction in rewards would be the result of orphaned blocks and stale shares.  When the network is producing blocks faster than it should, the rate of orphans and stale shares is higher.


Oh sure, just what we need, someone who actually knows what he's talking about. Who left the gates between the pools unlocked? heheheheheh
trasla
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June 24, 2013, 08:15:00 PM
 #10560

There is no "starting all over".
Its not like you calculate the block share by share, and after some time its done.
Each of the 336.000 Hashes your USB Block Erupter calculates per second could be a complete valid block.
Of all those hashes, 5 per minute are relayed to the pool, because they satisfy difficulty one.
Any of those could by chance start with many more zeros, and thats a valid block at current difficulty.

But chance does not care how many valid blocks have been found since the old shares you submitted or something like that.
You always work on the current block, and its always a very small chance per share to be the valid block hash.
And it doesnt matter whether you have worked on the same block before or not.
And it does not matter how fast any other miner does find new blocks, as long as you get notified about it fast enough.
The low number of orphaned blocks say we do get notified fast enough, and thus network hashrate does not matter at all for our income, until difficulty rises.
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