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Author Topic: Tired of stale shares?  (Read 5621 times)
1bitc0inplz
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July 03, 2011, 02:16:40 PM
 #1

Tired of stales?
Tired of the lack of scalability of pushpool?
Tired of downtime?

Come checkout my pool (https://pool.bitp.it), it's entirely custom written in scalable Node and CoffeeScript. Since we don't use pushpool we can offer less stales than any other pool.

Whats this mean for you?

It means a more scaleable pool with less stales than any other pool. While some pools are getting 2%, 3%, and in some cases more. Our pool has virtually no stales. It is not uncommon at all for our members to have stales rates of 0.02%



Why should you care about stales?

Stale shares are a form of "artificial fee" that reduces a miner's earnings. If you are currently receiving a 2% stale rate with pool X and on my pool you're receiving 0.02%, all things being equal you will earn more BTC on my pool.

What have you got to lose?

We are an entirely fee free pool. Come give us a try, you literally have nothing to lose. Compare a week on my pool versus a week on your current pool and let me know what you think. I'd venture to say that you'll like what you see  Smiley

Mine @ http://pool.bitp.it - No fees, virtually 0 stales, what's not to love!
Chat with us @ #bitp.it on irc.freenode.net
Learn more about our pool @ http://forum.bitcoin.org/index.php?topic=12181.0
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lebuen
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July 03, 2011, 03:09:10 PM
 #2

Well, I might give this a shot in the near future as I'm kind of fed up with the bad stability of other pools. You might should add some more information to the website about how to connect (especially which port), as this can only be found in your thread in this forum. Also, for small pools it seems crucial to implement some kind of hopping-protection in my opinion.

EDIT: nevermind, found the port when adding new workers.
Boing7898
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July 03, 2011, 04:48:25 PM
 #3

Big vouch for bit pit. I had maximum 0.3% of stales!
Today I had my miner run for some time and had 64 accepted shares and 0 stales!

Ohai.
GRC: FtWgehaapGH5cKSmMPEH91sVzxLUioNZ3s
1bitc0inplz
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July 04, 2011, 02:07:54 AM
 #4

Big vouch for bit pit. I had maximum 0.3% of stales!
Today I had my miner run for some time and had 64 accepted shares and 0 stales!

Thanks for the support!

Also, here is a photo from one of our pool members, showing just how low his stales are:


Mine @ http://pool.bitp.it - No fees, virtually 0 stales, what's not to love!
Chat with us @ #bitp.it on irc.freenode.net
Learn more about our pool @ http://forum.bitcoin.org/index.php?topic=12181.0
TurdHurdur
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July 04, 2011, 10:14:27 PM
 #5

What can I do with the "score", I've amassed?
1bitc0inplz
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July 04, 2011, 10:31:04 PM
 #6

What can I do with the "score", I've amassed?

The score is just for entertainment, it shows you what percentage of the top earns estimated reward that is equal to your estimated reward.

Payouts are purely proportional, and it's the estimated reward (and by extension your shares versus pool shares) that are of value to you.

Mine @ http://pool.bitp.it - No fees, virtually 0 stales, what's not to love!
Chat with us @ #bitp.it on irc.freenode.net
Learn more about our pool @ http://forum.bitcoin.org/index.php?topic=12181.0
talldude
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July 04, 2011, 10:35:28 PM
 #7

What can I do with the "score", I've amassed?

nvm, above answers it.
TurdHurdur
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July 04, 2011, 10:41:44 PM
 #8

The score is just for entertainment, it shows you what percentage of the top earns estimated reward that is equal to your estimated reward.

Payouts are purely proportional, and it's the estimated reward (and by extension your shares versus pool shares) that are of value to you.
Aha, had a feeling it wasn't a score-based pool.
talldude
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July 05, 2011, 12:05:11 AM
 #9

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...
1bitc0inplz
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July 05, 2011, 12:23:24 AM
 #10

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...

That does raise a paradox of how one gets to 300+ GH/s  Wink

Mine @ http://pool.bitp.it - No fees, virtually 0 stales, what's not to love!
Chat with us @ #bitp.it on irc.freenode.net
Learn more about our pool @ http://forum.bitcoin.org/index.php?topic=12181.0
TurdHurdur
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July 05, 2011, 02:18:05 AM
 #11

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...
Not like you have to point all your cards towards it all the time. 440Mhash/s from a 5870 has generated 2500+ shares without a single stale.
talldude
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July 05, 2011, 03:56:25 AM
 #12

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...

That does raise a paradox of how one gets to 300+ GH/s  Wink


That's the thing at this point - if you don't have a decent userbase, the variance in block times is HUGE.

I only have 1 5850 so I'm a small fry and I prefer the consistency the larger pools give. If I had 10 rigs, I could afford to throw one at a low ghash pool and play roulette.
CYPER
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July 05, 2011, 05:12:39 AM
 #13

I don't know if I should consider myself lucky, but I have very low Stales ratio:


If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
Boing7898
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July 05, 2011, 08:51:16 AM
 #14

I don't know if I should consider myself lucky, but I have very low Stales ratio:


It seems you are lucky  Grin
The maximum I got in bit pit of stales is 0.2%

Ohai.
GRC: FtWgehaapGH5cKSmMPEH91sVzxLUioNZ3s
Boing7898
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July 06, 2011, 08:22:12 AM
 #15

Bump! We just got to 21 GHash now! Join before it's too late Tongue

Ohai.
GRC: FtWgehaapGH5cKSmMPEH91sVzxLUioNZ3s
1bitc0inplz
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July 09, 2011, 09:38:19 PM
 #16

Bump! We just got to 21 GHash now! Join before it's too late Tongue

Agreed, we are ~40 GH/s and are offering a bounty of 5 BTC to someone who can find our currently long overdue block.

Nows the perfect time to join in, and earn more!

Mine @ http://pool.bitp.it - No fees, virtually 0 stales, what's not to love!
Chat with us @ #bitp.it on irc.freenode.net
Learn more about our pool @ http://forum.bitcoin.org/index.php?topic=12181.0
cuqa
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July 09, 2011, 11:11:47 PM
 #17

question. what do stale shares have to do with pushpool?
JoelKatz
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July 09, 2011, 11:20:10 PM
 #18

Stale shares are a form of "artificial fee" that reduces a miner's earnings. If you are currently receiving a 2% stale rate with pool X and on my pool you're receiving 0.02%, all things being equal you will earn more BTC on my pool.
With pay per share, that's true. With proportional, the stale rate has no effect the BTC you earn. (The pool will still earn the same amount and you'll still be the same fraction of the pool.)

I am an employee of Ripple.
1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
1bitc0inplz
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July 10, 2011, 12:01:08 AM
 #19

Stale shares are a form of "artificial fee" that reduces a miner's earnings. If you are currently receiving a 2% stale rate with pool X and on my pool you're receiving 0.02%, all things being equal you will earn more BTC on my pool.
With pay per share, that's true. With proportional, the stale rate has no effect the BTC you earn. (The pool will still earn the same amount and you'll still be the same fraction of the pool.)

You are correct. That is why I quoted "artificial fee", because it doesn't strictly effect you payout. However, what it does do is make a certain percentage of your efforts worthless.

Put another way;

If you receive a 2% stale rate, over the course of 100 shares only 98 will be accepted by the pool. However, if your stale rate is 0.02% there is an extremely high chance that all 100 of your shares will be accepted.

Given that information, 100 shares in any reward scheme will net you more reward than 98 shares would.

Mine @ http://pool.bitp.it - No fees, virtually 0 stales, what's not to love!
Chat with us @ #bitp.it on irc.freenode.net
Learn more about our pool @ http://forum.bitcoin.org/index.php?topic=12181.0
JoelKatz
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July 10, 2011, 01:21:54 AM
 #20

Given that information, 100 shares in any reward scheme will net you more reward than 98 shares would.
Not in a proportional scheme. 100 shares out of 100,000 will give you the same reward as 98 shares out of 98,000.

I am an employee of Ripple.
1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
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