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Author Topic: BitMinter.com * Optional Custom Miner, PPLNS, Merged mining, Newbie-Friendly! *  (Read 208591 times)
FriedIV
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July 06, 2013, 12:39:30 PM
 #981

Nice come back on the hash rate. I sure wish one of my jalapenos would arrive.
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Youngbill
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July 06, 2013, 02:22:15 PM
 #982

Hello,

Just started mining with Bitminter about a week ago. Can someone explain or point me in the right direction on what the different icons mean on the mining screen?  I know what the block icon is but what are the others like the bomb, etc?

Thanks,
Bill

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DrHaribo
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July 06, 2013, 02:59:09 PM
 #983

Hello,

Just started mining with Bitminter about a week ago. Can someone explain or point me in the right direction on what the different icons mean on the mining screen?  I know what the block icon is but what are the others like the bomb, etc?

Thanks,
Bill

Hold your mouse pointer over an icon for a moment and all will be revealed. Smiley

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
btceic
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July 06, 2013, 03:01:59 PM
 #984

doc,
any further thoughts on adding litecoin?

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July 06, 2013, 03:07:19 PM
 #985

doc,
any further thoughts on adding litecoin?

No time to look at that now.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
Youngbill
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July 07, 2013, 01:00:57 PM
 #986

Thank you sir!

Bill

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LimKopi
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July 07, 2013, 03:10:23 PM
 #987

Using bitminter.com. nice. but should advertise running costs upfront.

Automated bitcoins!
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July 07, 2013, 05:37:11 PM
 #988

Using bitminter.com. nice. but should advertise running costs upfront.

The 1% fee is on the front page. The sign up page tells you about the default donation setting and how you can change it after signup.

But I know most users don't really read the text on the website. Half the questions I get are already answered on the front page. Perhaps there is too much text, or it needs to be presented in a different way? I've been thinking about a FAQ or Wiki.

For the fees etc. I have been considering a price list page, although it would be pretty simple so far. Mining: 1% + what you donate, if any. Cash out: free.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
davidtehbest
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July 07, 2013, 09:39:18 PM
 #989

Been using this for my USB asic and its going good so far. I tried to use it on an old nvidia gpu but id iddnt detect the card to start mining off it. I dont know if i did something wrong or its just not supported.
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July 08, 2013, 02:54:38 AM
 #990

Been using this for my USB asic and its going good so far. I tried to use it on an old nvidia gpu but id iddnt detect the card to start mining off it. I dont know if i did something wrong or its just not supported.

Depends how old the nVidia is. The very old ones don't support OpenCL and can't be used. The ones with OpenCL work.

But mining on nvidia doesn't make much sense... ASIC is the way Wink

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
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July 08, 2013, 03:08:57 AM
 #991

I've been using bitminter for a few months now and have been very happy with the service.

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Cascaders28
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July 08, 2013, 05:59:57 PM
 #992

New guy here -

I just wanted to drop in and say hello and thanks. I'm a pretty technical person but this client is easily the most straightforward one I've found. I'm a small fish and between some old video cards and a few ASIC USB miners I expect to be between 1500 and 2000 MH/s but I'm having fun and appreciate how easy BitMinter makes it. Thanks!
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July 08, 2013, 07:02:21 PM
 #993

ive tried out a few pools in the past week or two, but why is it with 12 hours of mining i only get .0001 from bitminter, when i usually get around .001 from places like slush and btcguild

edit: was it just bad luck with the pools yesterday?

https://cex.io/r/0/xtachibana/0/

1MQtqnSBKMEfucwVc5TMVvrK5UibDUFzWE   poor man, feel free to donate Sad
DrHaribo
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July 08, 2013, 09:42:55 PM
 #994

I've been using bitminter for a few months now and have been very happy with the service.
I just wanted to drop in and say hello and thanks. I'm a pretty technical person but this client is easily the most straightforward one I've found. I'm a small fish and between some old video cards and a few ASIC USB miners I expect to be between 1500 and 2000 MH/s but I'm having fun and appreciate how easy BitMinter makes it. Thanks!

Thanks, glad you like it, guys Smiley

ive tried out a few pools in the past week or two, but why is it with 12 hours of mining i only get .0001 from bitminter, when i usually get around .001 from places like slush and btcguild

edit: was it just bad luck with the pools yesterday?

Daily income will vary with luck, that's called variance.

In addition to that there is a delay from the time you do some work until that work is fully paid. The work you do is registered in a shift, and then that work is credited with income from new blocks we find until its shift is no longer among the 10 latest shifts. This takes about 15 hours currently. If you turn off the prepay perk then there is an additional delay having to wait for blocks to confirm, which takes about 20 hours.

So, assuming you have prepay on, if you do 24 hours of work and then look at the results, then only 9 of those hours of work have been fully paid. The remaining 15 hours of work are still receiving pay, even if you stop mining, because of how the shifts work.

If you do 12 hours of work and then look at the results, then even the first hour or work is not fully paid yet! Needless to say that is not going to look very profitable.

Also, comparing pools by how much you get paid for 12 hours of mining is pointless. The comparison becomes "which pool has the best luck today?" You can't use that data for anything. The luck a pool has today has no influence on its luck tomorrow.

More interesting: What is the fee? Is income from transaction fees paid out? Do you get namecoins? Is the reward system safe from pool hopping?

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
pening
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July 08, 2013, 09:53:48 PM
 #995

Was there/is there something troublesome with Bitminter?  I found it very easy to use, got in to it and happy for weeks.  Then i found it was offline in patches (DOS?), and then i noticed some really bad luck on the variance.  I noticed it dropped off the Bitcoin Charts hashrate distribution diagram.  about this time i was getting really poor hash report on the web tool, like 25%-50% best of what client was reporting. 

So i switched to another pool and i don't think its dropped offline in three weeks.  Which is a shame as i really liked the tool set provided.
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July 09, 2013, 01:19:46 AM
 #996

Was there/is there something troublesome with Bitminter?  I found it very easy to use, got in to it and happy for weeks.  Then i found it was offline in patches (DOS?), and then i noticed some really bad luck on the variance.  I noticed it dropped off the Bitcoin Charts hashrate distribution diagram.  about this time i was getting really poor hash report on the web tool, like 25%-50% best of what client was reporting. 

Yes, we had many DDoS attacks that caused downtime and instability. I think it's 2 weeks now since the last attack that was able to do anything, though.

Bad luck will happen once in a while, just like good luck.

The website hashrates are only estimates. The website tries to guess your hashrate based on how many proofs of work you send in. Sometimes you find many and it thinks your hashrate is higher than it is, and the other way around when you are unlucky and find few proofs of work. Your actual hashrate is what you see in your miner client.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
xTachibana
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July 09, 2013, 07:05:23 AM
 #997



ive tried out a few pools in the past week or two, but why is it with 12 hours of mining i only get .0001 from bitminter, when i usually get around .001 from places like slush and btcguild

edit: was it just bad luck with the pools yesterday?

Daily income will vary with luck, that's called variance.

In addition to that there is a delay from the time you do some work until that work is fully paid. The work you do is registered in a shift, and then that work is credited with income from new blocks we find until its shift is no longer among the 10 latest shifts. This takes about 15 hours currently. If you turn off the prepay perk then there is an additional delay having to wait for blocks to confirm, which takes about 20 hours.

So, assuming you have prepay on, if you do 24 hours of work and then look at the results, then only 9 of those hours of work have been fully paid. The remaining 15 hours of work are still receiving pay, even if you stop mining, because of how the shifts work.

If you do 12 hours of work and then look at the results, then even the first hour or work is not fully paid yet! Needless to say that is not going to look very profitable.

Also, comparing pools by how much you get paid for 12 hours of mining is pointless. The comparison becomes "which pool has the best luck today?" You can't use that data for anything. The luck a pool has today has no influence on its luck tomorrow.

More interesting: What is the fee? Is income from transaction fees paid out? Do you get namecoins? Is the reward system safe from pool hopping?

[/quote]

ill just assume its luck and variance and do a few more days to a week of mining here Smiley

and yes, you were right about the waiting thing, even with the prepay on, it went from getting .0001 to .0005 ( in addition to the .004 namecoins i got, not that namecoins are worth much :B, something like 2.5 nmc per usd)

https://cex.io/r/0/xtachibana/0/

1MQtqnSBKMEfucwVc5TMVvrK5UibDUFzWE   poor man, feel free to donate Sad
Cascaders28
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July 09, 2013, 07:57:43 PM
 #998

...
Bad luck will happen once in a while, just like good luck.
...

I'm just hoping to clarify - is this current block that has been taking all day an example of bad luck?
DrHaribo
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July 10, 2013, 10:06:24 AM
 #999

...
Bad luck will happen once in a while, just like good luck.
...

I'm just hoping to clarify - is this current block that has been taking all day an example of bad luck?

Yes.

If you look at the block list at http://bitminter.com/blocks you can see that it varies a lot how much work it takes to find a block. Right now at the first page of the block list there is one block that took 95 million proofs of work and one that took 222 thousand, and both at the same difficulty. We spent 15 and a half hours on one and only 2 minutes on the other.

Bitcoin mining is similar to a lottery. Sometimes you go through a lot of lottery tickets before you find a winning one.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
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July 18, 2013, 01:59:36 AM
 #1000

please let us remove this "energy wasting slow cpu implementation in use" as it is not needed. and slows down the hashrate.

Or does "performance" mode remove this silly feature?

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