Bitcoin Forum
April 27, 2024, 09:10:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 »
  Print  
Author Topic: [NR 1] Triplemining.com <> BIG jackpot every week <>  (Read 113365 times)
kinlo
Sr. Member
****
Offline Offline

Activity: 263
Merit: 250


Pool operator of Triplemining.com


View Profile
April 04, 2013, 08:54:19 PM
 #861

-If someone adds him / herself to a minipool while the one is already in a other minipool what hapens is the old one disconnected or doesnt anything happen at all?

-what is the plus to enter a big minipool? what I am understanding now is that a big pull makes more chance to win the lottery or am I mistaken? and if so how is this distributed?

We'll take your remarks into account for next time we update the site

Note that you cannot change minipools.  Also note that the minipool is to be seen as something more fun than usefull Smiley
1714209056
Hero Member
*
Offline Offline

Posts: 1714209056

View Profile Personal Message (Offline)

Ignore
1714209056
Reply with quote  #2

1714209056
Report to moderator
1714209056
Hero Member
*
Offline Offline

Posts: 1714209056

View Profile Personal Message (Offline)

Ignore
1714209056
Reply with quote  #2

1714209056
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714209056
Hero Member
*
Offline Offline

Posts: 1714209056

View Profile Personal Message (Offline)

Ignore
1714209056
Reply with quote  #2

1714209056
Report to moderator
1714209056
Hero Member
*
Offline Offline

Posts: 1714209056

View Profile Personal Message (Offline)

Ignore
1714209056
Reply with quote  #2

1714209056
Report to moderator
1714209056
Hero Member
*
Offline Offline

Posts: 1714209056

View Profile Personal Message (Offline)

Ignore
1714209056
Reply with quote  #2

1714209056
Report to moderator
kinlo
Sr. Member
****
Offline Offline

Activity: 263
Merit: 250


Pool operator of Triplemining.com


View Profile
April 04, 2013, 08:55:02 PM
 #862

I'm currently mining in this pool. I also have a question about the "blocks expected to find in 24h" figure.

I'm presuming this is an equation based upon the current difficulty and the average hash-rate over the past 24h? Is this correct? I'm just trying to figure out if it takes the bitcoin difficulty into account, and how accurate this figure is. (That's not a criticism at all, I'm just interested in the math to work it out).

You are correct, this is just the shares found last 24hours divided by the current difficulty.
kilwar
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
April 05, 2013, 07:44:24 PM
 #863

Hello. My most recent shares from the other day have disappeared from my account and I have not been paid for them. My balance has stayed the same the whole time. There were over 4000 shares for one of my workers that have not been credited. Any insight would be great.
Thank you.
kinlo
Sr. Member
****
Offline Offline

Activity: 263
Merit: 250


Pool operator of Triplemining.com


View Profile
April 07, 2013, 08:30:52 AM
 #864

Hello. My most recent shares from the other day have disappeared from my account and I have not been paid for them. My balance has stayed the same the whole time. There were over 4000 shares for one of my workers that have not been credited. Any insight would be great.
Thank you.

We pay only for the shares of the last 24h before a block is found, so you will need to keep on mining.  This is a fair payout system, as you cannot hop this like proportional. This does include some variance (The days we find a block you will be payed a lot, the days we don't find a block you won't be payed) however, as it is risk free, we do not have to charge fee's to remain operational, so in the end you will earn more.

So just keep mining Smiley
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1007


Poor impulse control.


View Profile WWW
April 07, 2013, 08:43:34 AM
 #865

Hello. My most recent shares from the other day have disappeared from my account and I have not been paid for them. My balance has stayed the same the whole time. There were over 4000 shares for one of my workers that have not been credited. Any insight would be great.
Thank you.

We pay only for the shares of the last 24h before a block is found, so you will need to keep on mining.  This is a fair payout system, as you cannot hop this like proportional. This does include some variance (The days we find a block you will be payed a lot, the days we don't find a block you won't be payed) however, as it is risk free, we do not have to charge fee's to remain operational, so in the end you will earn more.

So just keep mining Smiley

Since the network is a but larger now, thought about increasing your 24 hours of shares to 48 hours? It would reduce variance, although it increase by 24 hours the amount of time before a miner is credited.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
martynw2000
Member
**
Offline Offline

Activity: 117
Merit: 10



View Profile
April 07, 2013, 09:33:15 AM
 #866

Personally I quite like 24h.

Considering the success rate of 0.29 - that means one block every 82hrs or so... so 48hrs wouldn't really help combat the problem of pool-hoppers.

IMHO
kinlo
Sr. Member
****
Offline Offline

Activity: 263
Merit: 250


Pool operator of Triplemining.com


View Profile
April 07, 2013, 10:34:57 AM
 #867

We are internally discussing this too.  We might change this in the near future.
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1007


Poor impulse control.


View Profile WWW
April 07, 2013, 10:42:03 AM
 #868

Personally I quite like 24h.

Considering the success rate of 0.29 - that means one block every 82hrs or so... so 48hrs wouldn't really help combat the problem of pool-hoppers.

IMHO

Pool hoppers are not a problem here - at least anyone doing so will not have an effect on your expected earnings. All you have to be concerned about is the hashrate. If you use PPLNH, then the pool hashrate affects variance.

A 48 hour window would reduce variance compared to a 24 hour window. A block every three days means a standard deviation of 1.73 days.



Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
martynw2000
Member
**
Offline Offline

Activity: 117
Merit: 10



View Profile
April 07, 2013, 11:44:03 AM
 #869

Okay, I think I get what you're saying.

So if someone jumps into the pool with a large amount of hashing power, then the effect on the other miners will be diluted more if the window is 48hrs. Okay, well that's a good thing then.
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1007


Poor impulse control.


View Profile WWW
April 07, 2013, 11:58:05 AM
 #870

Okay, I think I get what you're saying.

So if someone jumps into the pool with a large amount of hashing power, then the effect on the other miners will be diluted more if the window is 48hrs. Okay, well that's a good thing then.

Yes. Although one miner with a large hashrate added to the pool will decrease the amount of variance others will experience.

OTOH if the pool loses a significant amount of hashrate, the extended window will also reduce the effect of the increase of variance from that.


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
kilwar
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
April 07, 2013, 07:44:28 PM
 #871

Hello. My most recent shares from the other day have disappeared from my account and I have not been paid for them. My balance has stayed the same the whole time. There were over 4000 shares for one of my workers that have not been credited. Any insight would be great.
Thank you.

We pay only for the shares of the last 24h before a block is found, so you will need to keep on mining.  This is a fair payout system, as you cannot hop this like proportional. This does include some variance (The days we find a block you will be payed a lot, the days we don't find a block you won't be payed) however, as it is risk free, we do not have to charge fee's to remain operational, so in the end you will earn more.

So just keep mining Smiley

Thank you for the info! I'll keep mining Smiley
martynw2000
Member
**
Offline Offline

Activity: 117
Merit: 10



View Profile
April 11, 2013, 06:38:48 PM
 #872

Something I can't work out. Hashrate has tripled recently from ~120Gh to ~360GH, but I can't see much of a difference in the top mining pools list. Are ASICs not showing up on the list? or is there some other reason we're operating at such a high hash rate but it doesn't show up anywhere?
kinlo
Sr. Member
****
Offline Offline

Activity: 263
Merit: 250


Pool operator of Triplemining.com


View Profile
April 11, 2013, 08:49:18 PM
 #873

Not everyone is part of a mining team, so they do not show up in those cases.
jdebunt
Legendary
*
Offline Offline

Activity: 1596
Merit: 1010


View Profile WWW
April 12, 2013, 09:32:13 AM
 #874

Ever since Bitcoin has been in the tech news lately again, i decided to see how it goes, so i'm back to mining for now Smiley
mc_lovin
Legendary
*
Offline Offline

Activity: 1190
Merit: 1000


www.bitcointrading.com


View Profile WWW
May 01, 2013, 05:17:14 PM
 #875

triplemining y u no find blocckkkkkk
kinlo
Sr. Member
****
Offline Offline

Activity: 263
Merit: 250


Pool operator of Triplemining.com


View Profile
May 01, 2013, 10:25:33 PM
 #876

it's finally here... let's hope the following round are a bit shorter Smiley
mc_lovin
Legendary
*
Offline Offline

Activity: 1190
Merit: 1000


www.bitcointrading.com


View Profile WWW
May 01, 2013, 10:33:35 PM
 #877

it's finally here... let's hope the following round are a bit shorter Smiley

it's a christmas miracle.  we need some asic support! 
Azrael_PT
Full Member
***
Offline Offline

Activity: 190
Merit: 100


Par Pari Refertur


View Profile WWW
May 07, 2013, 04:48:36 PM
 #878

it's finally here... let's hope the following round are a bit shorter Smiley

it's a christmas miracle.  we need some asic support! 

Not much but i'm expecting my jalapeño. Wink

Donations: 16WPtSGFtj7wH2TxQi5tZfdxtAG84zPVwD
CEX.IO
Chrithu
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
May 13, 2013, 08:09:25 PM
 #879

Hi there. I stumbled across Triplemining through an add on Bitvisitor.

Since BTCGuild is growing and growing, which as far as I understood poses a potential threat to the system as a whole, I thought it is my responsibility to not further be part of the problem and decided to go looking for a smaller pool.

I virtually JUST NOW started mining on Triplemining. Getting the same hashrates as with BTCGuild. Since there is almost no fee, this looks like the better deal.

To answer my preposter's question: I am solomining. I thought about starting a team, but then again I'm not sure if I want to put up with all the hate you sometimes get when you share referal links.

Azrael_PT
Full Member
***
Offline Offline

Activity: 190
Merit: 100


Par Pari Refertur


View Profile WWW
May 13, 2013, 10:01:31 PM
 #880

Hi there. I stumbled across Triplemining through an add on Bitvisitor.

Since BTCGuild is growing and growing, which as far as I understood poses a potential threat to the system as a whole, I thought it is my responsibility to not further be part of the problem and decided to go looking for a smaller pool.

I virtually JUST NOW started mining on Triplemining. Getting the same hashrates as with BTCGuild. Since there is almost no fee, this looks like the better deal.

To answer my preposter's question: I am solomining. I thought about starting a team, but then again I'm not sure if I want to put up with all the hate you sometimes get when you share referal links.

So you are this team?

#1   Schwiiz   ASIC Inventor   352 GH/s   2

Welcome to "our" little pool.
Thanks for the hash  power. Smiley

Donations: 16WPtSGFtj7wH2TxQi5tZfdxtAG84zPVwD
CEX.IO
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!