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Author Topic: DeepBit pool thread for newbies  (Read 63914 times)
A_CardeN
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June 24, 2012, 10:29:39 PM
 #321

With asic tremendous speed coming out ... I assume most PPS pools will die?
Will deepbit still offer PPS once asic arrives?
We still have many months until some fast ASICs will arrive. And we don't know how fast they will be.

Why do you think that most PPS pools will die ?

Just some things I have heard from other people.  And we pretty much do know how fast they will be.  BFL told us.

I am just curious what will happen to GPU mining when asic is out.

try again
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organofcorti
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June 25, 2012, 08:32:02 AM
 #322

If you're new to mining and are on a proportional payout at DeepBit, you may be affected by payout variance, especially of you have a low hashrate. The answer to your variance problems is here!

DeepBit Miners Earnings Insurance bonds.

If you mine here proportionally and invest in these bonds, I pay you if the pool has bad luck. The bonds work just like PPS only at a 1.5 to 1.8% fee.

Please PM me or post to the MEI.DEEPBIT.A thread for more information

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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A_CardeN
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June 25, 2012, 06:24:39 PM
 #323

If you're new to mining and are on a proportional payout at DeepBit, you may be affected by payout variance, especially of you have a low hashrate. The answer to your variance problems is here!

DeepBit Miners Earnings Insurance bonds.

If you mine here proportionally and invest in these bonds, I pay you if the pool has bad luck. The bonds work just like PPS only at a 1.5 to 1.8% fee.

Please PM me or post to the MEI.DEEPBIT.A thread for more information

Interesting.  So this could save GPU miners?

try again
organofcorti
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June 26, 2012, 08:03:42 AM
 #324

If you're new to mining and are on a proportional payout at DeepBit, you may be affected by payout variance, especially of you have a low hashrate. The answer to your variance problems is here!

DeepBit Miners Earnings Insurance bonds.

If you mine here proportionally and invest in these bonds, I pay you if the pool has bad luck. The bonds work just like PPS only at a 1.5 to 1.8% fee.

Please PM me or post to the MEI.DEEPBIT.A thread for more information

Interesting.  So this could save GPU miners?
This could save any miner experiencing variance. If you're earnings are close to your costs (as will be the case for gpu miners) then this will help ensure you remain profitable in the shorter term, not just long term.

It would also be beneficial for ASIC miners, but the earnings compared to ongoing costs are lower so they could swallow a bit more variance before it becomes a problem. But the main benefit will be to those who need to spend earnings in the short term.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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ocbtc
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June 27, 2012, 11:06:53 PM
 #325

what is the current fee for pps?
SheldonCooper
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June 27, 2012, 11:34:24 PM
 #326

what is the current fee for pps?

AFAIK it's 9%, may be i'm wrong.
psilan
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June 28, 2012, 02:38:14 AM
 #327

Pretty happy with deepbit so far. Seems better than p2pool.

Stats on the site are very cool. Would be nice to impliment some kind of graphing so you can see rates/btc/hashing over dya/week/month.

Android app downloaded to view my miner, quite ugly app but still good info.

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June 28, 2012, 07:59:17 PM
 #328

Pretty happy with deepbit so far. Seems better than p2pool.
Stats on the site are very cool. Would be nice to impliment some kind of graphing so you can see rates/btc/hashing over dya/week/month.
Thanks for your suggestion, I'll consider this.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
Tremendoustroll
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July 03, 2012, 04:26:14 PM
 #329

Why does everyother payout from you guys seem to have this issue http://blockchain.info/tx-index/9012289/6ed6a5b8d19b4e59507abd9ca65ae3b1c0bdd325b4282d34424f64c0290ab879

Aren't you guys confirming your own payouts?
At this time we are under a DDoS attack and pool's hashrate is reduced.
The issue with slow confirmation will be fixed soon, sorry for the delays. Any other pool/miner can confirm those transactions too, but most of them are confirmed by our pool.

And again  Huh
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July 03, 2012, 04:47:36 PM
 #330

And again  ???
Pool is working.
Are you experiencing some connection problems ?

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
Tremendoustroll
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July 03, 2012, 06:08:12 PM
 #331

No I'm just sitting here once again wondring if my payout will ever show up, it only took two and a half hours for it to get hte first confirmation.

Quite frankly I pay fees to the pool why on earth aren't you confirming your own payout transactions? Is this seriously the standard of service you're happy with offering and that I'm supposed to be paying for?
ipxtreme
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July 31, 2012, 04:46:35 AM
 #332

how come updates on deep bit are 4 hours old? I thought it updates hourly.

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[Tycho]
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July 31, 2012, 01:03:17 PM
 #333

how come updates on deep bit are 4 hours old? I thought it updates hourly.
We had one 3:10 block today, so there was at least 3+ hours without updates just because there was nothing to update.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
Zigrololo
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August 04, 2012, 07:56:10 PM
 #334

Hey Smiley

New here, and can only post here so... let's go.

I'm looking forward to build a mining rig, and with some time a mining farm. For the hardware I've chosen what looked best to me to avoid hardware failure. I'm an "IT engineer" myself (I'm young so focused on hardware only for now). Here's my choice:

MOBO:  ASUS M5A99X EVO
CPU:     AMD Athlon II X2 250
RAM:    Crucial CT25664BA1339 (2Go 1333 CL9)
PSU:    Seasonic P-1000 Platinum
HDD:    WD3200AAKX
GPU:    Radeon HD 6990 3x (or any other ATI card, and yes I still say ATI 'cause oldschool FTW)
Case:   (rackmount but for the beggining, open air)

What looks very strange to me is the fact of being able to mine using PCI-Express ports that provide less than 16 lanes. In theory you need 16 lanes to provide full GPU power (that's the way I've been told) but since the only thing coming out of the GPU is the result of the mining and not a heavy real-time 3D render I kinda understand this... but still I'm perplex.

Anyway, thoughts on my build ? Thanks !

Zigrololo
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August 04, 2012, 08:09:50 PM
 #335

What looks very strange to me is the fact of being able to mine using PCI-Express ports that provide less than 16 lanes. In theory you need 16 lanes to provide full GPU power (that's the way I've been told) but since the only thing coming out of the GPU is the result of the mining and not a heavy real-time 3D render I kinda understand this... but still I'm perplex.
High speed PCIe transfers are mostly used for texture loading (and usually it's not enough anyway :), so it doesn't matters for such low-bandwidth task as mining.
Even 1x lane would be just fine for mining.

HDD, RAM amount and other things are not important, you just need some bare minimum for your OS to load.
Important things are good PSU and case (or lack of case sometimes, so it won't get in the way of airflow).

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
Zigrololo
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August 04, 2012, 08:25:13 PM
 #336

Thanks for the quick reply, DeepBit.

Yeah so like I thought mining doesn't require the full bandwidth of PCI-Express. Thanks for the tip.

I focused on choosing the cheapest yet still "good" products for things like HDD and RAM. Just enough to load the OS, like you said.
I also tried to look for some Titanium PSUs but the first one available is from Dell and server-only (I suppose without PCI-E cables and Molex is crap with adapters).

I was planning to buy 5-6 builds with the choices I've put up there, and with some time full an entire cabinet like this one:

https://40c2ca9d-a-62cb3a1a-s-sites.googlegroups.com/site/petitesannoncessuisses/armoire-serveur/DSC04761.JPG?attachauth=ANoY7coRIhWO0Nx68n0xcS1zdxCnugCyI7ixkaUYUZaKbGCj8XadPrmWyhVxEW3WAtwKNsa6sg4UCB6iqUU74LtRRyOfhvpOoQrXrAFVoPRDY_z4alWoDgwIOwriTe_3W5I4yw1aXC7145zwmT104jh08C1ZKtjZ_7giUrffSGfBAHllnaSNcdHaJCr9CHKXQ2C5LfLCEJ30X4rYIDrh3Fqu1QuO_7qC3TDqaJUKd0FuehAIfPkIBXc1UoZl8DAW_Usk3lrNgAgb&attredirects=0

Since the power usage would exceed 2-3KW easily and with the high prices we have here, I thought about setting all these machines abroad (since I'm foreigner it's much cheaper abroad). I'd have an old ADSL connection but I believe that would be enough for mining.

PS: just saw I was able to start a thread in the newbie category, sorry about that
fikkar2
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August 09, 2012, 10:57:36 PM
 #337

Guys, I have problem connecting to deepbit.net
I cannot connect to deepbit.net server. Either the website deepbit.net or the pool pit.deepbit.net did not response to my miner/browser.

http://www.bihost.in/deepbitdown.jpg

Does anyone have the same problem? Anyways, I am connecting from Indonesia (If that is matter).

Now, I redirect my miners to other pools, temporarily.

But I like deepbit.net better than other pools.
Perhaps someone can give explanation regarding my problems? I hope it's just temporary.
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August 09, 2012, 11:00:28 PM
 #338

Guys, I have problem connecting to deepbit.net
...
Perhaps someone can give explanation regarding my problems? I hope it's just temporary.
As stated in our main thread, we are experiencing some connection problems caused by our anti-ddos system.
At this moment only ~70% of our regular users are connected.
We are working on this issue, sorry for the inconvenience.

Also, our 9* IP addresses won't respond to ping, try to use your browser for checking.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
fikkar2
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August 09, 2012, 11:05:02 PM
 #339

Guys, I have problem connecting to deepbit.net
...
Perhaps someone can give explanation regarding my problems? I hope it's just temporary.
As stated in our main thread, we are experiencing some connection problems caused by our anti-ddos system.
At this moment only ~70% of our regular users are connected.
We are working on this issue, sorry for the inconvenience.


Ahh,, IC.
Thank you for your fast response.

Will you annouce (via email, perhaps?) to us when the system is fully OnLine and stable?

I have already tried to use my browser, still all my browsers says "The connection has time out" as shown in my picture.
ipxtreme
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August 15, 2012, 01:28:14 AM
 #340

Why so many invalids in last 2 days?

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