BTCforPres
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Activity: 9
Merit: 0
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October 28, 2014, 11:31:04 PM |
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What was your joke?
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toptek
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Activity: 1274
Merit: 1000
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October 29, 2014, 03:27:46 AM |
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I'm still pissed because nobody laffed at my joke the other day>  Looks like I deleted it  I didn't see it so i couldn't  . |
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vesperwillow
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October 29, 2014, 02:17:52 PM |
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@vesperwillow
By asking that question we know you are not current on Bitcoin mining(there are very efficient miners out now), but buying BTC at current low prices is a good idea.
Yeah I'm not current, I just stay on top of it every day. Maybe instead I should just stay up 24 hours a day and glue my retina to the screen. I was just suggesting that, because BTC is so low right now, it's cheaper for most people to buy direct than to buy a miner to try and mine back that amount. Because, you know, everyone's power cost is different, and Bitcoin now is more valuable than Bitcoin later, especially if an arbitrage pops up. Love how people say things, and don't even know anything about a person.  Good to see how many active folks we have on the pool, slush has always been great. |
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Billbags
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Activity: 280
Merit: 250
Brainwashed this way
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October 29, 2014, 03:44:04 PM
Last edit: October 29, 2014, 04:34:26 PM by Billbags |
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Wouldn't it be more profitable to buy BTC outright, than to buy new equipment? Unless/until BTC is worth many decimal points, earning fractions won't cover your electrical cost very well over the coming months, regardless of the upgrade.
My post wasn't meant to be malicious. I was just pointing out the facts that new Asics are very efficient now and selling their old miner and buying a new is not a bad idea. My equipement as most others covers my electric with no problem, I do agree over the next few months Bitcoin will be low and volatile until after the fork, due to people knowing about it so soon. I also stated this is a good time to buy at these low prices. Have a good day Back to mining at Slush's Pool..... |
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BTCforPres
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Activity: 9
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October 29, 2014, 05:03:06 PM |
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Ive only been on this subforum for a couple days and I am already sick of it. I don't know how old you all are but you act like children. This is the internet you have to take everything with a grain of salt.
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Billbags
Sr. Member
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Activity: 280
Merit: 250
Brainwashed this way
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October 29, 2014, 06:46:30 PM |
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Can someone explain the cumulative distribution function (CDF) from the stats page. I understand probability theory somewhat from when I was researching the W. Feller citation on the white paper, but I have always had a hard time applying it with Slush's graph. I have always just looked at the number around the one hour mark and if it's 20% or better it usually takes around 4 hours or less to find a block. I also watch it sit at 99% for hours waiting on a block. If someone could explain the number a little better this would help out a great deal. Thanks in advance.
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KNK
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October 29, 2014, 07:05:22 PM |
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Finally some discussion which is pool related, so I will try to explain ... We know (I hope) that usually block is found after exactly difficulty shares are submitted, which is equal to 100% luck, but not all rounds - CDF shows how many rounds (in percent) are completed in the current number of shares submitted. Example as of right now: Current round duration: 3:54:31
Current shares CDF: 51.75 %
Current Bitcoin block, difficulty: 327538, 35985640265
Shares contributed in current round: 26222487684
We have submitted (since the round start) 26222487684, with the current difficulty equal to 35985640265, so we have submitted 26222487684/35985640265=0.72869309788283129217792729468892 In short 0.73, then we look at the graph and it shows CDF being 52%, which means in 52 of 100 rounds we would have found a block by now. Example from the previous round: Duration: 10:25:16
Total Shares: 69928582694
69928582694/35985640265=1.9432357512341735737628677148118 or 1.94 = CDF of 86%, which means that 86% of our rounds are (should be) shorter than that |
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Billbags
Sr. Member
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Activity: 280
Merit: 250
Brainwashed this way
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October 29, 2014, 07:31:18 PM |
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^ Thanks, that's actually a great explanation. I wasn't connecting the difficulty shares to 100% luck with the rounds included. It makes sense now.
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moss
Member
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Activity: 98
Merit: 10
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October 30, 2014, 05:16:48 PM |
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I'm still pissed because nobody laffed at my joke the other day> Looks like I deleted it Was it the one about the Ferengi wormhole?  I replied to that... |
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moss
Member
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Activity: 98
Merit: 10
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October 30, 2014, 05:20:43 PM |
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Well, no blocks found today (UTC time) and current one is at 17.5 hours. BUT, the 1 day pool luck is at 186%.  |
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rpandassociates
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October 30, 2014, 05:58:10 PM |
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Ugh Current round duration: 18:06:26 Current shares CDF: 96.38 % yesterday was a awesome day but now this?  |
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rpandassociates
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October 30, 2014, 06:00:01 PM |
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need to write some software to detect X hrs then switch pools when it exceeds X hrs 24hrs of mining for .004 BTC is not going to cut it |
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pekatete
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October 30, 2014, 06:03:16 PM |
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need to write some software to detect X hrs then switch pools when it exceeds X hrs 24hrs of mining for .004 BTC is not going to cut it Double your hashrate to over 2TH and you'll get more than the 0.004 BTC! 7 blocks yesterday and none so far today .... you never know, once we get at least 1 block today, 4 min blocks may appear out of the blue. |
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Moria843
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Activity: 442
Merit: 250
Found Lost beach - quiet now
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October 30, 2014, 06:18:59 PM |
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Maybe we can go a full UTC day without finding a block or 0 blocks for 30 Oct in the stats page. I've seen several 24+ hour blocks but have never seen a full day just being skipped in the stats log. Maybe it would be a good omen.
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Hot time, summer in the city, back of my mine getting hot & gritty!!!
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Aanders
Newbie
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Activity: 10
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October 30, 2014, 07:23:48 PM |
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Pool luck 1 Day (today) 186% and not a single block for 12+ hours... Insane .. And my room is overheating so i one again have to turn of over night.. Also a reson for the th going up and down.. Maybe others turn of the "heater" at Night ... Crasy 4.5 th and No blocks
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toptek
Legendary
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Activity: 1274
Merit: 1000
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October 30, 2014, 07:27:05 PM
Last edit: October 30, 2014, 07:59:28 PM by toptek |
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Maybe we can go a full UTC day without finding a block or 0 blocks for 30 Oct in the stats page. I've seen several 24+ hour blocks but have never seen a full day just being skipped in the stats log. Maybe it would be a good omen.
SO that's why i had all most 4th run in here till the confirms I was about to park 6.9 TH here for a few days that's how much i love this pool then the confirms stopped I may move the 2.2 th I left here and come back in a bit ,I'm wasting time and money i rented that much so i would stat getting more faster. I not complaining or accusing just asking i couldn't figure out what was going on .I don't do that .. ty btw if any one gives a answer why ?. moving my miner for now and yes i hate to but i'm wasting time getting nothing if that's why and hope you understand . cya |
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toptek
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Activity: 1274
Merit: 1000
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October 30, 2014, 08:04:10 PM |
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Oyea switch back if you left the fun is about start  .... |
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Aanders
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Activity: 10
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October 30, 2014, 08:05:59 PM |
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Im shutting Down for the Night in a bit also... Crasy the % is just gone up from the 187% to 275% without hitting Any blocks .. How does the % work
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pekatete
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October 30, 2014, 08:07:01 PM |
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Im shutting Down for the Night in a bit also... Crasy the % is just gone up from the 187% to 275% without hitting Any blocks .. How does the % work
Ahem! -- whisper -- just hit a block --- /whisper -- |
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toptek
Legendary
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Activity: 1274
Merit: 1000
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October 30, 2014, 08:32:02 PM |
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Im shutting Down for the Night in a bit also... Crasy the % is just gone up from the 187% to 275% without hitting Any blocks .. How does the % work
no idea i saw it go up to 409 % then it started i still don't understand lot of how it works here but keep coming because of how good can be . |
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