[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool

[MoparMiningLLC]

Aaand block 630.001 was found Slushpool!

Congratulations! So much for "bad luck" huh?

Yes, this is the very first block after the halving...

actually the first block after halving with a reward of 6.25 btc was block 630,000 and found by Antpool of all pools... imagine that. it came 40 seconds or so after 629,999 - the last 12.5 btc reward block

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[Biodom]

slushie scores two in a row.
29% fees...very niiiice [speaking as Borat].

[kano]

slush generates empty blocks.
EMPTY blocks are not necessary and are a sign that the pool is slow and coded badly.
slush block 645736 EMPTY

[Dropwise]

Looks like half the hashrate on this pool walked out the door on 01. Sept 2020.   

Guess the title of this thread / pool should probably be revised down from 4+EH to 2+EH

Anyone know what the circumstances were that such a large proportion of hashrate left the pool?

[d57heinz]

On Slush the last Namecoin that was processed was at block 41647 on 2018-01-12 10:28.
According to coinmarketcap.com the highest price of Namecoin around that time was $7.93 on 2018-01-13 14:24, but a week after this the price was already below $5 and another week later it was below $4.

Yeah, they didn't live up to the promises they made about NMC. But a lot of other pools did not even offer the option to merge mine NMC. And the last time I calculated a whole year of merged mining NMC was worth as much as one day of mining Bitcoin.

I'm not even going to bother to claim my NMC, so I really don't understand why you are being so angry about it.

It's like selling something for 73.25 and then going completely bananas when you find out they gave you 73 dollars and a nickel instead of a quarter.

I was trying to go off memory about the price. even at $7 a coin to pay people now when its 40 cents a coin is a slap in the face, regardless of whether it is a nickle or a thousand bucks.

I am not angry, I am always happy - I just dont like liars. a lot of people lost money when they pulled that shell game with the huge miner with his bs firmware. they should have pulled back all they paid him and paid ot to the legitimate miners who lost out - the miner never found a single block but took the bulk of all incoming btc from those who actually did.

Be curious to see what they did with that namecoin. It’s funny and with slush history that the price fell off a cliff just after they stopped mining them.  Could be pure coincidence or they dumped the massive amount they had to have had.  Without requesting the coin.  How about just show the users what they did with it.  Curious minds would love to know.

BR
Doug

[naypalm]

Whoa, I'm happy to see slush pool still going strong! I'll have to google that the E in EH means lol. Hope everyone had a great Labour Day

[Artemis3]

Hmm, i hope they teach SI prefixes at school in your country

It means Exa, its what comes after Peta, which comes after Tera, which comes after Giga, which comes after Mega, which comes after Kilo... Ever seen memory or disk drive sizes? Its the same.

1 Exa = 1000 Peta.

Technical answer: EHs = Exahashes per second.

Bitcoin's entire network hashrate is currently about 124 EHs, most of it from Chinese pools...

[mgoz]

Anyone know what the circumstances were that such a large proportion of hashrate left the pool?

I wouldn't get hung up on the pool's hashrate. From a screenshot I had from August 2018 they had 256k+ active workers and 6.12 Eh/s. Currently 3.28 Eh/s and 93k+ active workers. Drop since then has largely been due to halving, difficulty, and profitability. People stopped mining because it's not profitable for most and it doesn't make sense to buy the latest gear.

[braiins]

POOL MAINTENANCE

Pool system upgrade is scheduled for this Wednesday July 14th, from approx. 7:00 to 10:00 AM UTC (3:00 to 6:00 AM EST).

During that time, the Slush Pool website may not be accessible. Mining won't be affected in any way.

— Braiins team: Slush Pool, Braiins OS+ & Stratum V2

[OgNasty]

Nice to see an update here after such a long period of inactivity. It looks like this braiins brand is making an appearance alongside slush’s social media as well. Was some sort of a deal struck or more likely am I out of the loop about braiins and how it is intertwined with the slush pool project? Would love to know more about this.

[NotFuzzyWarm]

As far as I know, Slush begat the Braiins team to develop Stratum V2 and BoS to work with it. The Braiins group recently bought/rebranded the original Slush company.

[braiins]

True, we were neglecting Bitcointalk a bit. We will change that going forward:)

History of the pool (project) & Braiins (company)

1. Pool project started by Marek Palatinus (a.k.a. "Slush") in December 2010
2. In April 2013 Braiins company takes over development of the pool with majority stake in the project
3. Pool rebrands to "Slush Pool" as it was called "Bitcoin.cz Mining Pool" before
4. Marek sets up another company SatoshiLabs which does Trezor (not connected to pool or Braiins)
5. Braiins acquired the remaining minority stake in the pool from Marek in summer 2020
6. Braiins is a BTC mining company - developing new mining protocol Stratum V2, mining firmware Braiins OS+ and more mining projects in the pipeline

Detailed story of the pool & Braiins: https://braiins.com/story

Braiins Acquired Remaining Stake in Slush Pool: https://braiins.com/blog/braiins-acquires-remaining-stake-in-slush-pool-slush-focusing-on-satoshilabs

Braiins Twitter: https://twitter.com/braiins_systems

[joker_josue]

2. In April 2013 Braiins company takes over development of the pool with majority stake in the project in 2013
3. Pool rebrands to "Slush Pool" as it was called "Bitcoin.cz Mining Pool" before

I remember that time well!

Although I currently no longer have the ability to mine in the pool, I had the privilege of mine in this pool and managed to gather a good part of what I have in bitcoin.
At the time it was not even considered the largest pool, as it is today.

Keep doing a great job! Congratulations!

[kano]

Hey, is there a reason why slush lies about being the "World First Mining Pool" ?

Puddinpop's first post about his 'pooled' mining code was October 13, 2010
https://bitcointalk.org/index.php?topic=1458.0

And doublec ran a pool for a couple of months from October 17, 2010
https://bitcointalk.org/index.php?topic=1458.msg17340#msg17340
https://bluishcoder.co.nz/bitcoin-pool/

... before slush started in December 16, 2010

Slush clearly knew about it since he posted in the above thread also and stated that it was another pool:

You may be interested that we started another mining pool yesterday. Works with all standard CPU/GPU miners and we already found three blocks in one day. First block was already paid (it works differently than yours pool, transactions to users aren't directly inside block). http://bitcointalk.org/index.php?topic=1976.0. You are welcome!

Slush link here in this thread:
https://bitcointalk.org/index.php?topic=1976.msg30520#msg30520

Hi all, I just started my own bitcoin mining server on http://mining.bitcoin.cz . Server was heavily tested on Testnet, but it is still beta stage software. But there is already ~600000khash/s of power and more will come tomorrow.

Server is based on principle which is discussed above and which satoshi accepted as possible. Server works with all CPU/GPU miners following standard getwork() interface - jgarzik's CPU miner, m0mchil's and Diablo's GPU miners. All needed information are on site homepage.

Sending rewards - when block found, 50BTCs are written to server's wallet, not on miner's wallets. Every miner can specify own 'sending treshold', which is minimum amount to send to his wallet. This should help with sending 0.0001 BTCs and so on. Currently the cron script for sending is disabled, I will process few first payments manually - just to be sure that everything is working fine.

If you are interested, please open account, enter wallet address, register own workers and start mining! Also report all troubles, I will work on them ASAP! Please be patient with short server outages in this stage. In the most cases, miners will solve that by restarting itself.

[joker_josue]

OK, there was another pool working a few months ago.

I could say it was the second pool in the world. But, the first one no longer exists.
Thus, it can be said to be the first active pool in the world.


If this makes such a mess, I suggest you add the word: ACTIVE

[MoparMiningLLC]

If it was not the first pool then it should not say it that it is the first pool.

If all pools that were started before Slush are no longer running than maybe Slush could say they are the "longest running pool" being as prior ones are no longer running - if that is the case.

[o_solo_miner]

Slush was the first CZ Mining Pool, he is one of the first mining pools, and the only one that is still active from the begining.
I can't see a lie, only marketing.

[kano]

Slush was the first CZ Mining Pool, he is one of the first mining pools, and the only one that is still active from the begining.
I can't see a lie, only marketing.

It's simple English.
First doesn't mean Second.

I imagine the current Tokyo Olympics would have a lot of problems if anyone who wasn't first could claim world-wide that they were first

Since my simple search only found one other pool before them, then I'm also presuming they were 2nd and not 3rd or later.

(and FYI slush sold the pool ...)

[MoparMiningLLC]

he is one of the first mining pools, and the only one that is still active from the begining.
I can't see a lie, only marketing.

One of the first is not the same as “the first”  slush may still be the only one active from then but again that still doesn’t make the pool the “first”

So, for anyone that clearly understands the English language - the statement “The First Mining Pool” is a lie.

[Artemis3]

By the way, the current Hashrate has been for a while 6+ EH...