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Author Topic: BitMinter.com * Optional Custom Miner, PPLNS, Merged mining, Newbie-Friendly! *  (Read 208808 times)
profitofthegods
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March 05, 2014, 08:54:10 AM
 #1421

Hi, I'm completely new to mining and just trying to figure things out. I like the fact that your pool pays transactions fees, but I wanted to find out more information about how they are allocated if possible. Are the transaction fees for a specific block divided between the people who were paid when that block was found in the same way as regular mining income? For how long would you continue getting payments for a given block? Are they labelled and recognizable as transaction fee income on my account page? Should I presume that if there was a break during which I wasn't mining for you I would also cease to get the transaction fees during that period, even for blocks already found?

I know the transaction fees are only a small part of the income from mining, but I'm trying to work out the profitability of what I'm doing with you as best I can before investing more and I can't find any way to work out what difference the transaction fees will make or whether its so negligible I should just ignore it in my calculations.
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DrHaribo
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March 05, 2014, 11:24:45 PM
 #1422

The income from a block is newly minted coins plus transaction fees.

The two are handled as one total and distributed to miners together. New coins nad transaction fees are not separated in any way.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
profitofthegods
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March 06, 2014, 06:14:27 PM
 #1423

The income from a block is newly minted coins plus transaction fees.

The two are handled as one total and distributed to miners together. New coins nad transaction fees are not separated in any way.


Oh ok, thanks.
DCLacoste
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March 08, 2014, 04:39:48 PM
 #1424

Great pool, I had fun jumping through the history of this thread.  Should have read it before I bought a used Jalapeno, I would have seen the posts back in May 2013 explaining how with the difficulty increases and increases in overall hashing, 5GH would only earn good BTC rates for a while.  Oh well, at least my miner contributes to the Bitcoin network in general Smiley
freddyfarnsworth
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March 08, 2014, 08:51:50 PM
 #1425

Great pool, I had fun jumping through the history of this thread.  Should have read it before I bought a used Jalapeno, I would have seen the posts back in May 2013 explaining how with the difficulty increases and increases in overall hashing, 5GH would only earn good BTC rates for a while.  Oh well, at least my miner contributes to the Bitcoin network in general Smiley

5gh is good, I just got there. Slow still but at least the U1 ants begin to buy themselves.
Litefoot is upgrading jallys to 30gh read thread.

(I will go find it) and post link.

Edit:
https://bitcointalk.org/index.php?topic=336782.0

I want one of those jalleys to upgrade - they still want way to much for them currently on bay. 6gh worth of ants is 100 bucks or so.
Used stock jalleys should be same.

BTC: 1F1X9dN2PRortYaDkq89YJDbQ72i3F5N3h MEOW: KAbvy9jrrajvN5WLo7RWBsYqYfJKyN9WLf DOGE: DAyKSrTiVeRZaReTu1Cyf5Je6qPdKTuKKE
apsvinet
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March 08, 2014, 11:45:54 PM
 #1426

Great pool, I had fun jumping through the history of this thread.  Should have read it before I bought a used Jalapeno, I would have seen the posts back in May 2013 explaining how with the difficulty increases and increases in overall hashing, 5GH would only earn good BTC rates for a while.  Oh well, at least my miner contributes to the Bitcoin network in general Smiley
Did you seriously just make a non relevant comment to a non relevant 3 year old thread? You're a newbie, I get it, you want to get your activity up. But at least post your useless comments on active threads, if you're gonna spam at all.

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∎∎∎   No pool fees Instant activation Never obsolete Always profitable
DrHaribo
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March 09, 2014, 03:16:35 PM
 #1427

Great pool, I had fun jumping through the history of this thread.  Should have read it before I bought a used Jalapeno, I would have seen the posts back in May 2013 explaining how with the difficulty increases and increases in overall hashing, 5GH would only earn good BTC rates for a while.  Oh well, at least my miner contributes to the Bitcoin network in general Smiley
Did you seriously just make a non relevant comment to a non relevant 3 year old thread? You're a newbie, I get it, you want to get your activity up. But at least post your useless comments on active threads, if you're gonna spam at all.

This is the Bitminter newbie thread - it's an active one (look at the posts).

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
Rydenius
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March 11, 2014, 11:44:14 AM
 #1428

DrHaribo,

I wonder if there's something off with the website and the block find reporting (and payout). According to the website we've had a horrible string of bad luck:

3/7 - 1 block (88.7% CDF)
3/8 - 2 blocks (51.1%, 75.6% CDF)
3/9 - 1 block (91.5% CDF)
3/10 - 1 block (76.5% CDF)
3/11 - still working (90.96% CDF)


But https://blockchain.info/blocks/BitMinter is showing the following BitMinter submits:
Height   Time   Hash
290021 (Main Chain)   2014-03-11 11:10:11   00000000000000009cb0e3b44204b2622f633cfa8b121c5f543385f5c08fd408
289975 (Main Chain)   2014-03-11 04:48:10   000000000000000057952059ff8f12685d1089973c4280cb9aa285bf5b1a3a6e
289942 (Main Chain)   2014-03-11 00:00:55   0000000000000000771495f1cc3ce33d1b49c66c64e6844505654c59b52173c5
289867 (Main Chain)   2014-03-10 11:21:47   0000000000000000ae0429a82b49331a5bed34dac89e4d2ffd01e7d82979ab83
289751 (Main Chain)   2014-03-09 20:29:59   0000000000000000331aea0f333be954eaaefcb3a1d7b533724d0f4afce122c6
289733 (Main Chain)   2014-03-09 17:40:23   00000000000000010e08d9a7047466346116e66d258050f5194fe134b673ee0b
289690 (Main Chain)   2014-03-09 09:58:49   00000000000000006a1b92c29fdf149301d72c8ac16fe2bb75f527e0c2a5178a
289643 (Main Chain)   2014-03-09 03:56:07   0000000000000000e47c98fb0e7d75853605a615e5cb6796cb43e5d9f6cb4e04
289579 (Main Chain)   2014-03-08 19:08:30   000000000000000074991b528f776a12291ec6905b8ee7b0efff48fe0c58fa7f
289489 (Main Chain)   2014-03-08 04:46:23   0000000000000000073d4aeeb26c3515a0f13ddf0685d33ced070ce2a6ad3fd6
289430 (Main Chain)   2014-03-07 21:27:47   0000000000000000b8febdb26b59b57d2dcc70fc877e381bcf07feb31c1fdd24

which looks more like normal probability.

Is there something up with this?
Cascaders28
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March 11, 2014, 01:09:47 PM
 #1429

About blockchain.info showing too many Bitminter blocks, let me put it this way, I have sometimes seen their site get something right, but it's not often.

I emailed them about the problem, but they didn't reply.

According to them Deepbit is still finding several blocks per day, and half of P2pool's blocks are made by Bitminter. It would be funny if it wasn't confusing so many people.

TL;DR: blockchain.info data is usually wrong. Use this instead: http://blockorigin.pfoe.be/


And then

All links to blockchain.info has been removed from bitminter.com. Perhaps that will help reduce the confusion.

I encourage all other website owners to do the same. Even having no information is better than linking to misinformation.

Alternative for block, transaction and address information: http://blockexplorer.com/

Alternative for block origin information: http://blockorigin.pfoe.be/



This is over in the main Bitminter thread.
Rydenius
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March 11, 2014, 02:05:40 PM
 #1430

Thanks Cascaders28.

Blockorigin looks to match up with what the BitMinter website is reporting.

Wow... if we've really only found about a block per day over the last week that's really disappointing. Cry  Especially considering the computation power was around 450TH. In the past the BitMinter pool has averaged 3 blocks per day, with 4 blocks on a good day.

This kind of variance is too much for me, I think. I'm going to move to Eligius for a while and see if I can get better luck there. (Of course soon as I do that BitMinter pool will have a string of easy finds... Roll Eyes)
DCLacoste
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March 11, 2014, 11:13:35 PM
 #1431

I wouldn't call it a non-relevant thread.  I think providing the 1 key data point I surmised from reading the thread is relevant to this active thread.  If you don't want to read Newbie comments, feel free to skip this thread  Tongue

Oh .. and +1  Grin

Peace and love

Great pool, I had fun jumping through the history of this thread.  Should have read it before I bought a used Jalapeno, I would have seen the posts back in May 2013 explaining how with the difficulty increases and increases in overall hashing, 5GH would only earn good BTC rates for a while.  Oh well, at least my miner contributes to the Bitcoin network in general Smiley
Did you seriously just make a non relevant comment to a non relevant 3 year old thread? You're a newbie, I get it, you want to get your activity up. But at least post your useless comments on active threads, if you're gonna spam at all.
apsvinet
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March 12, 2014, 01:35:06 AM
 #1432

I wouldn't call it a non-relevant thread.  I think providing the 1 key data point I surmised from reading the thread is relevant to this active thread.  If you don't want to read Newbie comments, feel free to skip this thread  Tongue

Oh .. and +1  Grin

Peace and love

Great pool, I had fun jumping through the history of this thread.  Should have read it before I bought a used Jalapeno, I would have seen the posts back in May 2013 explaining how with the difficulty increases and increases in overall hashing, 5GH would only earn good BTC rates for a while.  Oh well, at least my miner contributes to the Bitcoin network in general Smiley
Did you seriously just make a non relevant comment to a non relevant 3 year old thread? You're a newbie, I get it, you want to get your activity up. But at least post your useless comments on active threads, if you're gonna spam at all.
I'm confused, I didn't understand anything you typed. It might be too late for forum reading.
Oh well, whatever.

Peace.

   ∎               GAWMiners The Hashlet World's first digital cloud miner!
∎∎∎   No pool fees Instant activation Never obsolete Always profitable
janonathon
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March 23, 2014, 02:08:16 AM
 #1433

I wouldn't call it a non-relevant thread.  I think providing the 1 key data point I surmised from reading the thread is relevant to this active thread.  If you don't want to read Newbie comments, feel free to skip this thread  Tongue

Oh .. and +1  Grin

Peace and love

Great pool, I had fun jumping through the history of this thread.  Should have read it before I bought a used Jalapeno, I would have seen the posts back in May 2013 explaining how with the difficulty increases and increases in overall hashing, 5GH would only earn good BTC rates for a while.  Oh well, at least my miner contributes to the Bitcoin network in general Smiley
Did you seriously just make a non relevant comment to a non relevant 3 year old thread? You're a newbie, I get it, you want to get your activity up. But at least post your useless comments on active threads, if you're gonna spam at all.
I'm confused, I didn't understand anything you typed. It might be too late for forum reading.
Oh well, whatever.

Peace.



It means don't come in the thread and leave abusive comments. Bitminter is noob friendly.
soupminer
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April 12, 2014, 07:10:59 PM
 #1434

Any recommendations for a good powered USB 2.0 hub? I'm using an Etekcity 10 port right now but not too happy with it.

It's plugged into a Raspberry Pi so I need 2.0
Flashman
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April 12, 2014, 09:19:42 PM
 #1435

The Pi is picky with hubs, see this list...
http://elinux.org/RPi_Powered_USB_Hubs

or there's

http://thepihut.com/products/7-port-usb-hub-for-the-raspberry-pi

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

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janonathon
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April 14, 2014, 10:52:51 PM
 #1436

Any recommendations for a good powered USB 2.0 hub? I'm using an Etekcity 10 port right now but not too happy with it.

It's plugged into a Raspberry Pi so I need 2.0

This one has worked great for me for a while
http://www.amazon.com/AmazonBasics-Port-USB-power-adapter/dp/B00DQFGJR4/ref=sr_1_7?ie=UTF8&qid=1397515820&sr=8-7&keywords=7port+usb+hub
7 ports and 4A of power, plenty of power for 8 units, you can only fit one U2 and 6 U1's on there though. That's my setup and they all run 2.0GH/s
theweiss
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April 16, 2014, 01:53:56 PM
 #1437

Any recommendations for a good powered USB 2.0 hub? I'm using an Etekcity 10 port right now but not too happy with it.

It's plugged into a Raspberry Pi so I need 2.0

This one has worked great for me for a while
http://www.amazon.com/AmazonBasics-Port-USB-power-adapter/dp/B00DQFGJR4/ref=sr_1_7?ie=UTF8&qid=1397515820&sr=8-7&keywords=7port+usb+hub
7 ports and 4A of power, plenty of power for 8 units, you can only fit one U2 and 6 U1's on there though. That's my setup and they all run 2.0GH/s

I'm running a RPi too and using this hub.  http://www.ebay.com/itm/161225117669?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

It has the most ports that I could find for a hub that plays well with the Rasberry Pi.  Unfortunately, I had to get it from Australia (I live in the US) so it needs a converter (no worries, they are really cheap) and it pretty junky.  Its made of weak plastic and the power cord is really touchy so if you hit it or jostle the cord the power cuts in and out.  It brings back memories of my once beloved Sega Game Gear if any of you are old enough to:  A- Remember Sega Game Gear and B- Remember how temperamental the power cords were. 

Other than the above mentioned, it seems to function quite well.  I'm currently running 4 BFL 30 GH/s units and 1 60 GH/s (though it only runs around 55 gh/ s) and a few USB miners (1 antminter u1 and 3 Block eruptors)
The Dude
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April 17, 2014, 06:00:18 PM
 #1438

Hey guys I got a quick question, how do you reset the COM numbers?
freddyfarnsworth
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April 18, 2014, 02:47:17 AM
 #1439

Hey guys I got a quick question, how do you reset the COM numbers?

https://bitcointalk.org/index.php?topic=22432.msg4502440#msg4502440


Read that and if you still dont get it, lemme no.

BTC: 1F1X9dN2PRortYaDkq89YJDbQ72i3F5N3h MEOW: KAbvy9jrrajvN5WLo7RWBsYqYfJKyN9WLf DOGE: DAyKSrTiVeRZaReTu1Cyf5Je6qPdKTuKKE
The Dude
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April 18, 2014, 04:50:16 AM
 #1440

Hey guys I got a quick question, how do you reset the COM numbers?

https://bitcointalk.org/index.php?topic=22432.msg4502440#msg4502440


Read that and if you still dont get it, lemme no.

I couldn't figure all that out, but it did help me figure out a way to do it. I went to my devices and printers section then I went to the properties of the miners hardware(individually...yes I know very tedious) and in the advanced settings for the port seetings I just changed the COM number. Thanks for the help Smiley
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