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

[cablepair]

well I don't agree with that. This may appeal to some people but I can't ever imagine wanting the pool to sell any coins for me. I don't see anyone who mines at eligius would want a feature like that. As miners we want more control over things not less.

My post before was mostly just a joke, Luke-JR does a great job with eligius, IMO its the best pool available right now and for many good reasons.

Merged mining may lower the value of NMC but if it is a viable and useful thing it will certainly not die.

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[Luke-Jr]

Sad to see NMC slip like this and become just another toy.

If they did not implement merged mining = anyone like BCX could attack the network and 51% it etc.
If they did implement merged mining = price will crash like no other.

RIP NMC.

You guys are all ignoring the fact that NMC's purpose is not to be a currency. The value of an individual NMC is irrelevant to its purpose as a p2p domain system.

Luke why did you not consider the option on your forum that said "Yes and no-- I want you to sell them for me and send me more Bitcoins" ? Same thing as the first option ( "Yes, and I'm willing to do the work necessary to get them! " ) but more automated which makes it easier for your users. Thank you !

Basically to discourage people from abusing NMC for financial gain instead of using the actual Namecoin system. It also gave me a simple, obvious way to get paid for the hard work of implementing merged mining (keeping leftovers/unclaimed portions).

[Luke-Jr]

Some data: http://eligius.st/~luke-jr/raw/5/NMC/

[plastic.elastic]

why isnt the payout adjusted to new difficulty?


Also what is the column b4 the paid out in this NMC payout table?

Code:

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[twmz]

why isnt the payout adjusted to new difficulty?

It is.  What makes you think that it isn't?

[bulanula]

Can I still registed for NMC ?

[Luke-Jr]

Can I still registed for NMC ?

Yes, but it won't be applied retroactively anymore. ie, you need to register before you can earn any NMC.

[chunglam]

Payout system not working, I have accumulated 2+ BTC in your pool but still no payout.

[cablepair]

theres nothing wrong with the payout system, this is how SMPPS works, you should get a payout once every 2 or 3 days read this:

http://eligius.st/wiki/index.php/Shared_Maximum_PPS

[twmz]

theres nothing wrong with the payout system, this is how SMPPS works, you should get a payout once every 2 or 3 days read this:

http://eligius.st/wiki/index.php/Shared_Maximum_PPS

Actually, it's more specific to the payment queue process and the fact that payments are via generate transactions and not just the fact that the pool is SMPPS.

chunglam, you're probably just in the queue to be paid.  The pool recently had a string of bad luck and so there was a longer than normal payment backlog (it was up to 4+ days at one point), but it is back down to about 3 days currently thanks to a couple recent short rounds:

See:

http://eligius.st/wiki/index.php/FAQ#Payment_Queue
http://eligius.st/~twmz/

[cablepair]

thanks twmz you explained that much better than I did

[bulanula]

Can I still registed for NMC ?

Yes, but it won't be applied retroactively anymore. ie, you need to register before you can earn any NMC.

So what happened before ? Did you share out the MM profits during testing ? Please clarify as I did not understand. Thank you !

[DeathAndTaxes]

Can I still registed for NMC ?

Yes, but it won't be applied retroactively anymore. ie, you need to register before you can earn any NMC.

So what happened before ? Did you share out the MM profits during testing ? Please clarify as I did not understand. Thank you !

It doesn't matter because you missed the deadline but....

Merged mining was enabled.
Luke asked people to signup if they wanted to get paid NMC.
If you signed up by the deadline you got all NMC from the moment it was enabled.
If you sign up after the deadline you get all forward NMC revenue.

[chunglam]

Actually, it's more specific to the payment queue process and the fact that payments are via generate transactions and not just the fact that the pool is SMPPS.

chunglam, you're probably just in the queue to be paid.  The pool recently had a string of bad luck and so there was a longer than normal payment backlog (it was up to 4+ days at one point), but it is back down to about 3 days currently thanks to a couple recent short rounds:

See:

http://eligius.st/wiki/index.php/FAQ#Payment_Queue
http://eligius.st/~twmz/

Thanks for your clarification. So we had bad luck string and the buffer turned to negative? Do we have pool stats page similar to Ars?

[Luke-Jr]

So we had bad luck string and the buffer turned to negative? Do we have pool stats page similar to Ars?

Buffer is nowhere close to negative.

[twmz]

Actually, it's more specific to the payment queue process and the fact that payments are via generate transactions and not just the fact that the pool is SMPPS.

chunglam, you're probably just in the queue to be paid.  The pool recently had a string of bad luck and so there was a longer than normal payment backlog (it was up to 4+ days at one point), but it is back down to about 3 days currently thanks to a couple recent short rounds:

See:

http://eligius.st/wiki/index.php/FAQ#Payment_Queue
http://eligius.st/~twmz/

Thanks for your clarification. So we had bad luck string and the buffer turned to negative? Do we have pool stats page similar to Ars?

Find one of my long explanations earlier in this thread.  I had a long day and am too tired to type a detailed explanation again.  In a nutshell, it's not the SMPPS buffer (which is very positive).  It's a payment backlog (unrelated to SMPPS and its buffer).  Payment backlogs and negative SMPPS buffers are separate and independent delay-causing-issues.

Or just choose to not care why and instead just accept the fact that that with Eligius you'll get paid less frequently (usually ever 2-4 days instead of every day), but the payments will be proportionally larger and equal to what you would have gotten paid in the same time frame had payments been more frequent..

[SleeperUnit]

Thanks for your clarification. So we had bad luck string and the buffer turned to negative? Do we have pool stats page similar to Ars?

Find one of my long explanations earlier in this thread.  I had a long day and am too tired to type a detailed explanation again.  In a nutshell, it's not the SMPPS buffer (which is very positive).  It's a payment backlog (unrelated to SMPPS and its buffer).  Payment backlogs and negative SMPPS buffers are separate and independent delay-causing-issues.

Or just choose to not care why and instead just accept the fact that that with Eligius you'll get paid less frequently (usually ever 2-4 days instead of every day), but the payments will be proportionally larger and equal to what you would have gotten paid in the same time frame had payments been more frequent..

I had a nice long explanation full of smart ass comments typed up but twmz said it better then I could.

Just know that it's one of the quirks of the payout system, it's also susceptible to luck. During bad luck, the payout queue piles up and then clears out during good luck.

This is most noticeable for the bigger miners. If it takes you over a week to earn .67 BTC, then you usually get payed when the next block is found but if you get there in an hour, your payout must wait until it's one of the oldest balances due.

Lucky for you, I have an easy solution: Set a couple of your GPUs to mine for my address, that way I'll wait a longer to get payed and you'll wait less. Sound good? 

[bulanula]

Can I still registed for NMC ?

Yes, but it won't be applied retroactively anymore. ie, you need to register before you can earn any NMC.

So what happened before ? Did you share out the MM profits during testing ? Please clarify as I did not understand. Thank you !

It doesn't matter because you missed the deadline but....

Merged mining was enabled.
Luke asked people to signup if they wanted to get paid NMC.
If you signed up by the deadline you got all NMC from the moment it was enabled.
If you sign up after the deadline you get all forward NMC revenue.

Thanks for the explanation.

[chunglam]

Thanks for your clarification. So we had bad luck string and the buffer turned to negative? Do we have pool stats page similar to Ars?

Find one of my long explanations earlier in this thread.  I had a long day and am too tired to type a detailed explanation again.  In a nutshell, it's not the SMPPS buffer (which is very positive).  It's a payment backlog (unrelated to SMPPS and its buffer).  Payment backlogs and negative SMPPS buffers are separate and independent delay-causing-issues.

Or just choose to not care why and instead just accept the fact that that with Eligius you'll get paid less frequently (usually ever 2-4 days instead of every day), but the payments will be proportionally larger and equal to what you would have gotten paid in the same time frame had payments been more frequent..

I had a nice long explanation full of smart ass comments typed up but twmz said it better then I could.

Just know that it's one of the quirks of the payout system, it's also susceptible to luck. During bad luck, the payout queue piles up and then clears out during good luck.

This is most noticeable for the bigger miners. If it takes you over a week to earn .67 BTC, then you usually get payed when the next block is found but if you get there in an hour, your payout must wait until it's one of the oldest balances due.

Lucky for you, I have an easy solution: Set a couple of your GPUs to mine for my address, that way I'll wait a longer to get payed and you'll wait less. Sound good? 

Thanks for detail explanation from you guys. My intention is to monitor daily production output by my rigs. Previously, I mined at ABC which is instant payout but without merged-mining. Another advantage of Eligius is the simple worker system. This morning, my account at ABC was hacked and lost about 2 BTC. I will switch half of my rigs to Eligius and another half to Ars because I like its detail pool stats page.

[cablepair]

After using eligius I really dont understand why any pool uses a registration system at all. It seems silly, unnecessary and insecure.