[OLD] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 #

[Luke-Jr]

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Greetings Eligius Miners,

After much discussion, Luke-Jr has decided retire from his post as Eligius pool operator and has turned over the keys to Eligius to my care.

There are many reasons behind this decision, but I'll summarize by saying that Luke has many many things on his agenda which, in my opinion, are more important than the day to day maintenance of running a mining pool.  And since we obviously don't want to shutdown the pool, it was decided that I would be the best candidate to take on this task.

For those who know me on IRC and otherwise, you already know that this will not be any kind of issue and falls well within my expertise.  For those who don't, here's a little background.  I'm a mostly self-taught programmer, hardware engineer, network engineer, and any other IT field you can think of.  I have close to 20 years of personal experience in the field and over a decade of professional experience.  As for the Bitcoin community, I've been involved at various levels from the moment I heard of it's existence somewhere around a year ago.  Since then I've contributed as much as possible, most recently with the redesign of the Eligius stats pages to be more server-side friendly.  If you have any questions or concerns, feel free to shoot me a message on IRC or other contact method.

Without sounding too much like a politician, for the moment, and in general, my goal is to do my best to make sure the pool continues to run smoothly.

In the short term, this means I plan to implement CPPSRB, a replacement for the current SMPPS reward system, which will get Eligius back on track and get current and new miner's paid more quickly for their work.  This has been on the table for some time, but it is a significant undertaking to code, test, and tweak (as can be noted from some discussions about the matter in #eligius recently).  I hope to have this particular project under way very soon.

I will also continue development of the "New Stats" to provide more and more information in the best ways possible.

As always, I plan to stick with the ideals behind the pool in general, continuing to be supportive of things like no-signup mining and providing as much openness as is possible regarding the operation.

There is much progress to be made, and soon!  I'm glad I'll be along to help keep everyone mining away!

Sincerely,

- -wk

Contact: wizkid057 at gmail.com (Email, Google Talk, etc)

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[muyuu]

Thanks for everything, Luke. I hope you stay around as a user and a contributor.

[hotdealdave]

Thanks Luke Jr. for all the effort you put in to this pool for us, and everything else you do for the community.

Wizkid, congrats and thanks for accepting the torch you have been handed. Don't let us scorch you too badly!

[wizkid057]

Making progress on implementing CPPSRB!

[WynX]

Making progress on implementing CPPSRB!

Nice


Oh, thanks Luke for all your efforts!

[dunand]

Thanks Luke

[wizkid057]

Greetings Miners,

I have put together a poll for miner opinion on a detail of the switch to CPPSRB.  The goal is to get miners mining under the CPPSRB reward system ASAP.

Please read/vote here: https://bitcointalk.org/index.php?topic=121070.0

Thanks!

-wk

[wizkid057]

Greetings Miners,

I have put together a poll for miner opinion on a detail of the switch to CPPSRB.  The goal is to get miners mining under the CPPSRB reward system ASAP.

Please read/vote here: https://bitcointalk.org/index.php?topic=121070.0

Thanks!

-wk

As of now, SMPPS is disabled.  All shares following the finding of block 00000000000000c1dc82ebf3e5f3829d3247fd03471612f2a4e0f234b75a660d will be treated as CPPSRB shares.  Payouts will be caught up as soon as I am done with the code!

Stats will still be online, and will show blocks and such, but, the balance information will still be SMPPS based and such until the CPPSRB code is finished.  This will be updated, so, don't pay much mind to balance data from the the mentioned block forward.  Miners will be paid based on CPPSRB from now on.  Unpaid balances and extra credit from SMPPS will carry forward, so, no worries.

-wk

[The00Dustin]

As of now, SMPPS is disabled.  All shares following the finding of block 00000000000000c1dc82ebf3e5f3829d3247fd03471612f2a4e0f234b75a660d will be treated as CPPSRB shares.  Payouts will be caught up as soon as I am done with the code!

Stats will still be online, and will show blocks and such, but, the balance information will still be SMPPS based and such until the CPPSRB code is finished.  This will be updated, so, don't pay much mind to balance data from the the mentioned block forward.  Miners will be paid based on CPPSRB from now on.  Unpaid balances and extra credit from SMPPS will carry forward, so, no worries.

-wk

Once you get the CPPSRB code active, if it has been more than 7 days, will miners that remained inactive get paid their earnings (non-ec that isn't up to the next auto-payout) on the next block?  I am active, but I asked because several people have been posting about not getting paid, and I believe they should based on how the pool is supposed to work tied with how CPPSRB is supposed to work, but if I am wrong, presumably they will only get paid on lucky blocks, and that would be good to know.

[wizkid057]

As of now, SMPPS is disabled.  All shares following the finding of block 00000000000000c1dc82ebf3e5f3829d3247fd03471612f2a4e0f234b75a660d will be treated as CPPSRB shares.  Payouts will be caught up as soon as I am done with the code!

Stats will still be online, and will show blocks and such, but, the balance information will still be SMPPS based and such until the CPPSRB code is finished.  This will be updated, so, don't pay much mind to balance data from the the mentioned block forward.  Miners will be paid based on CPPSRB from now on.  Unpaid balances and extra credit from SMPPS will carry forward, so, no worries.

-wk

Once you get the CPPSRB code active, if it has been more than 7 days, will miners that remained inactive get paid their earnings (non-ec that isn't up to the next auto-payout) on the next block?  I am active, but I asked because several people have been posting about not getting paid, and I believe they should based on how the pool is supposed to work tied with how CPPSRB is supposed to work, but if I am wrong, presumably they will only get paid on lucky blocks, and that would be good to know.

Any unpaid balance as of the block I mentioned is earned.  People who aren't quite up to the minimum payout may or may not become inactive depending on their luck with CPPSRB and their current mining activity.  Extra credit will carry over, but CPPSRB means that basically newer extra credit is paid first.  So someone who stopped mining a while back but hasn't hit the minimum payout because of SMMPS trickling them extra credit will likely become inactive and be paid very soon.

[Merrick]

Glad to see you making the switch.

[Raize]

I and another miner I recommended to use Eligius for some of our miners have not gotten any payments since last week. I'll update this thread when that changes.

[The00Dustin]

See what I did to the subject?  I think someone needs to tag Luke-Jr to do that to the OP...

[wizkid057]

I and another miner I recommended to use Eligius for some of our miners have not gotten any payments since last week. I'll update this thread when that changes.

As specified a few posts back, payouts have been temporarily paused while I complete the CPPSRB code.  With any luck I should have it completed this weekend and the pool will catch up with payouts at that time.

[Raize]

I and another miner I recommended to use Eligius for some of our miners have not gotten any payments since last week. I'll update this thread when that changes.

As specified a few posts back, payouts have been temporarily paused while I complete the CPPSRB code.  With any luck I should have it completed this weekend and the pool will catch up with payouts at that time.

Okay. I was just confused, it sounded like new payouts would start with that first block from the description on the page. I have to be honest, I don't really keep up to date on this thread, I view the stats page for my miners more often.

[kislam]

Here's my current balance:

                            Unpaid Balance   Extra Credit
As of last block*:   0.34253887 BTC   0.33829912 BTC

Unpaid + EC totals higher than 0.67, I am not currently mining here and not planning to start until the new system is fully in place and rewards are being sent out smoothly. I believe there are others in similar situation and with the same question in mind:

     When can I expect to get paid, and more importantly, how much?

[The00Dustin]

Here's my current balance:

                            Unpaid Balance   Extra Credit
As of last block*:   0.34253887 BTC   0.33829912 BTC

Unpaid + EC totals higher than 0.67, I am not currently mining here and not planning to start until the new system is fully in place and rewards are being sent out smoothly. I believe there are others in similar situation and with the same question in mind:

     When can I expect to get paid, and more importantly, how much?

That EC number is no longer accurate because at least one block has been found since the switch to CPPSRB.  That having been said, you can expect to be paid your real unpaid balance (as of the last SMPPS block if you haven't been mining since before then, or including whatever CPPSRB mining you did do if you have) at the latter of the following:

1) 7 days after the last SMPPS block (if you were no longer mining at that point)
2) After wizkid gets the CPPSRB code in place (no one gets any payouts before that, period)
3) After other unpaid balances "older" than yours get paid out as necessary (assuming the pool doesn't actually have the BTC for the unpaid balances, which I have no theory on)

Regardless, any EC you think has turned into unpaid balance afer the switch to CPPSRB didn't really and will NOT be paid out until / unless you mine on a lucky block (I'm thinking >100% on the current stats page, much different than calculations seen at some other pools), at which point part of it will be paid out (up to all of it, in theory) based on how many shares you submitted during that block.

[wizkid057]

Here's my current balance:

                            Unpaid Balance   Extra Credit
As of last block*:   0.34253887 BTC   0.33829912 BTC

Unpaid + EC totals higher than 0.67, I am not currently mining here and not planning to start until the new system is fully in place and rewards are being sent out smoothly. I believe there are others in similar situation and with the same question in mind:

     When can I expect to get paid, and more importantly, how much?

That EC number is no longer accurate because at least one block has been found since the switch to CPPSRB.  That having been said, you can expect to be paid your real unpaid balance (as of the last SMPPS block if you haven't been mining since before then, or including whatever CPPSRB mining you did do if you have) at the latter of the following:

1) 7 days after the last SMPPS block (if you were no longer mining at that point)
2) After wizkid gets the CPPSRB code in place (no one gets any payouts before that, period)
3) After other unpaid balances "older" than yours get paid out as necessary (assuming the pool doesn't actually have the BTC for the unpaid balances, which I have no theory on)

Regardless, any EC you think has turned into unpaid balance afer the switch to CPPSRB didn't really and will NOT be paid out until / unless you mine on a lucky block (I'm thinking >100% on the current stats page, much different than calculations seen at some other pools), at which point part of it will be paid out (up to all of it, in theory) based on how many shares you submitted during that block.

The "Unpaid Balance" for every miner, regardless of how low of a value it is, is due to miners and the pool does in fact have the funds to pay those amounts.  The extra credit will only be able to be paid as possible based on pool luck.

The balances on the stats pages are not completely accurate, as they are still based on SMPPS. (There is a huge red notice at the top of every stats page about this...)

You can check what you're balance was as of the last SMPPS block in the raw JSON output from the coinbaser script here: http://eligius.st/~luke-jr/raw/7/blocks/00000000000000c1dc82ebf3e5f3829d3247fd03471612f2a4e0f234b75a660d.json
This should contain every single address with any balance (balance or credit).

After this, data will follow CPPSRB.  This is documented here: http://eligius.st/wiki/index.php/Capped_PPS_with_Recent_Backpay (It mentions a 25 BTC block reward in anticipation of the reward halving happening at block 210,000.  I'll note again, even through it is noted there, that the system will obviously use the normal 50 BTC block reward while it is still possible, to avoid confusion.)

CPPSRB will still have the 7-day timeout for inactivity, but, keep in mind that CPPSRB can still pay for old shares (extra credit under SMPPS) so, it can still take a while to go fully inactive.  After the system is up and running I do believe I will be replacing the timeout with an actual "no longer mining" timeout to get miners their balances when they stop mining, and when they are paid it will reset the timeout.  So, if they get any backpay, they'll get another payment in 7 days, etc.

-wk

[The00Dustin]

CPPSRB will still have the 7-day timeout for inactivity, but, keep in mind that CPPSRB can still pay for old shares (extra credit under SMPPS) so, it can still take a while to go fully inactive.  After the system is up and running I do believe I will be replacing the timeout with an actual "no longer mining" timeout to get miners their balances when they stop mining, and when they are paid it will reset the timeout.  So, if they get any backpay, they'll get another payment in 7 days, etc.

-wk

I forgot that RB stood for recent backpay.  So in theory, it could pay all EC even for someone that hasn't mined in a year, but that is still nearly impossible, statistically speaking.  I like the idea of a mining timeout, although I'm not sure it it would be good to send out micropayments every 7 days.  That having been said, if it is still going to be "mined," maybe mining the micro amount won 't be as bad, and I think the client tries to minimize fees, nonetheless.

[Luke-Jr]

CPPSRB will still have the 7-day timeout for inactivity, but, keep in mind that CPPSRB can still pay for old shares (extra credit under SMPPS) so, it can still take a while to go fully inactive.  After the system is up and running I do believe I will be replacing the timeout with an actual "no longer mining" timeout to get miners their balances when they stop mining, and when they are paid it will reset the timeout.  So, if they get any backpay, they'll get another payment in 7 days, etc.

-wk

I forgot that RB stood for recent backpay.  So in theory, it could pay all EC even for someone that hasn't mined in a year, but that is still nearly impossible, statistically speaking.  I like the idea of a mining timeout, although I'm not sure it it would be good to send out micropayments every 7 days.  That having been said, if it is still going to be "mined," maybe mining the micro amount won 't be as bad, and I think the client tries to minimize fees, nonetheless.

Mining small amounts doesn't cost anything, but I personally would be worried that a bunch of tiny micropayments for idle miners will hurt those miners when they go to spend it. I've recommended to wizkid057 that he reconsider this part of his plan, and only add such a rule if there's actually a problem left after we switch to CPPSRB; due to the CPPSRB algorithm, however, I expect the problem will simply go away without such an extra rule.