kinlo
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Activity: 263
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Pool operator of Triplemining.com
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April 04, 2013, 08:54:19 PM |
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-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
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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.
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kinlo
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Activity: 263
Merit: 250
Pool operator of Triplemining.com
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April 04, 2013, 08:55:02 PM |
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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.
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kilwar
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April 05, 2013, 07:44:24 PM |
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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.
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kinlo
Sr. Member
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Activity: 263
Merit: 250
Pool operator of Triplemining.com
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April 07, 2013, 08:30:52 AM |
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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
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organofcorti
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Poor impulse control.
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April 07, 2013, 08:43:34 AM |
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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 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.
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martynw2000
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April 07, 2013, 09:33:15 AM |
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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
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kinlo
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Activity: 263
Merit: 250
Pool operator of Triplemining.com
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April 07, 2013, 10:34:57 AM |
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We are internally discussing this too. We might change this in the near future.
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organofcorti
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Poor impulse control.
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April 07, 2013, 10:42:03 AM |
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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.
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martynw2000
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April 07, 2013, 11:44:03 AM |
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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.
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organofcorti
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Poor impulse control.
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April 07, 2013, 11:58:05 AM |
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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.
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kilwar
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April 07, 2013, 07:44:28 PM |
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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 Thank you for the info! I'll keep mining
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martynw2000
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April 11, 2013, 06:38:48 PM |
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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?
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kinlo
Sr. Member
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Activity: 263
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Pool operator of Triplemining.com
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April 11, 2013, 08:49:18 PM |
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Not everyone is part of a mining team, so they do not show up in those cases.
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jdebunt
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April 12, 2013, 09:32:13 AM |
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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
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mc_lovin
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www.bitcointrading.com
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May 01, 2013, 05:17:14 PM |
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triplemining y u no find blocckkkkkk
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kinlo
Sr. Member
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Activity: 263
Merit: 250
Pool operator of Triplemining.com
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May 01, 2013, 10:25:33 PM |
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it's finally here... let's hope the following round are a bit shorter
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mc_lovin
Legendary
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Activity: 1190
Merit: 1000
www.bitcointrading.com
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May 01, 2013, 10:33:35 PM |
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it's finally here... let's hope the following round are a bit shorter it's a christmas miracle. we need some asic support!
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Azrael_PT
Full Member
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Activity: 190
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Par Pari Refertur
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May 07, 2013, 04:48:36 PM |
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it's finally here... let's hope the following round are a bit shorter it's a christmas miracle. we need some asic support! Not much but i'm expecting my jalapeño.
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Donations: 16WPtSGFtj7wH2TxQi5tZfdxtAG84zPVwD CEX.IO
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Chrithu
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May 13, 2013, 08:09:25 PM |
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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.
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Azrael_PT
Full Member
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Activity: 190
Merit: 100
Par Pari Refertur
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May 13, 2013, 10:01:31 PM |
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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.
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Donations: 16WPtSGFtj7wH2TxQi5tZfdxtAG84zPVwD CEX.IO
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