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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829872 times)
noegzit
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February 11, 2014, 10:29:54 PM
 #9301

From https://www.litecoinpool.org/help

Quote
What is the share difficulty?
    The share difficulty is a number that gives an indication of how difficult it is to find a share. The lower this number, the more shares a miner will find at a given speed, and the lower their value. For this reason, the share difficulty does not affect miners' expected earnings.

Quote
How does share difficulty influence my earnings?
    Short answer: it doesn't.
    Long answer: a higher/lower share difficulty does not mean you will be earning more/less, because your expected earnings are independent of the share difficulty: they only depend on your hash rate and on the network difficulty. A higher share difficulty can only increase the variance, but not in a significant way.

I already quoted this a few days ago.
But maybe it's not bad to repeat it again and again...
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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coins101
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February 11, 2014, 10:51:27 PM
 #9302

OK. I got my feet up. Please carry on.



KS
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February 11, 2014, 11:45:59 PM
 #9303

The .plan is for H2O to count each share equally, but we're not there yet (unless I missed the memo).

Given the fast switching, I was wondering whether having more cards with a lower hashrate would be more advantageous than having less but faster ones, for the same total hashrate. I'd love to see some empirical data.

I really don't understand this line of thinking...

1MH/s = 1MH/s = 1MH/s

Doesn't matter if you are using 2 cards or 200... you are still submitting the same amount of hashes that has the same percentage of being within the target difficulty to submit a share or solve a block.


Maybe not for middlecoin, but for fast coins on pools that pay out PPLNS, it can be beneficial to submit more frequent, smaller shares (under vardiff).  Take a round that only has a few submitted shares before it is solved.  On at least one of the pools I mine against, if you didn't submit any shares in a given round, regardless of your PPLNS shares, you get zilch, zero, nada.  If you submit even 1 share, you get your full PLNS value, which generally nets a huge payout on really short rounds.  I experimented with running one of my machines with 4 instances of the mining application, using 4 different worker names instead of lumping them all in once instance, and the payout appeared slightly higher.  Because of variability in payouts in day-to-day mining I couldn't say it was significantly better so I ditched it - It was just more work and maintenance than it was worth.

Like for everything else, you have to tweak you setting and settings. It should be calculated with the U per card, number of cards, and coin switch time/frequency, I guess.

You can control the U and number of cards, but unless you run your own pool, the last bit is a bit more complicated (and you might not want to interfere with it to follow market trends better - or vice versa!)

TL;DR: it depends. Smiley
ckoeber
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February 11, 2014, 11:49:43 PM
 #9304

Here's the easy test; switch to CleverWafflePoolMiner and see first if they have a lower rejection rate and see if the payout is vastly different.

If you get an additional 0.0000001 BTC then GREAT! Congratulations!
oinquer
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February 12, 2014, 12:09:27 AM
 #9305

just going to say one thing about dificulty.

Ohh its the same!! THE SAME!!! well...my graphics card at 1024 diff in wafflepool can achieve the 650 khash at 45º celsius. if i change to 256 for the same 650khash it goes up to 50º celsius.
Dont know why and dont care...1024 it is.
coins101
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February 12, 2014, 12:41:48 AM
 #9306

just going to say one thing about dificulty.

Ohh its the same!! THE SAME!!! well...my graphics card at 1024 diff in wafflepool can achieve the 650 khash at 45º celsius. if i change to 256 for the same 650khash it goes up to 50º celsius.
Dont know why and dont care...1024 it is.

Don't believe you.  Tongue
dealio
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February 12, 2014, 12:48:53 AM
 #9307

http://forum.maplewoodonline.com/uploads/FileUpload/4d/1d8a75a091441a6f3f5b02e3dc6c16.gif

made it to the moon while distracted with the buttery delicious

very nice
djchii
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February 12, 2014, 01:11:05 AM
 #9308

Anyone else notice a payment go out for .00000001 BTC?  I'm assuming it's coming from here, since I don't use that addy for anything else.
LPCobris
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February 12, 2014, 01:28:49 AM
 #9309



made it to the moon while distracted with the buttery delicious

very nice

LOOOOOOOOOOOOOOOOOOL...

So much drama... Even Je$u$ likes popcorn!

For me don´t care... 6.1 Mhash getting good payout with very little fuss... Sure Rejects... but in the end the cashflow is positive...

Cumprimentos,

LPC
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February 12, 2014, 01:38:36 AM
 #9310



made it to the moon while distracted with the buttery delicious

very nice

Today will indeed be nice, but I'll have to pass on the butter... pesky lactose!

BTC: 1EyCRbT3YeskViEtH9KfRLpjdR2nsrrcW6
Doom4535
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February 12, 2014, 01:42:25 AM
 #9311

I've found using the username 1CVTp4Bk2GkbRDdfVCuEuVXphmzyYJq3Cn seems to reduce the number of rejects I recieve (and hopefully improves the payout), you're welcome to try it out and see if it works.  Roll Eyes
Let me know how it works for you, the more people that try it the more accurate the results...


FLAP: FDf1mMgvMU5CxT1vR33iZr5sf9u2Mb4gcr
EXE: EKtwmweMBLtg5xNXp1anofonJsJiao1DYY
free bitcoin lottery
PCMiner
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February 12, 2014, 01:42:34 AM
 #9312



made it to the moon while distracted with the buttery delicious

very nice

This earned a genuine laugh out of me....
LPCobris
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February 12, 2014, 02:00:48 AM
 #9313

I've found using the username 1CVTp4Bk2GkbRDdfVCuEuVXphmzyYJq3Cn seems to reduce the number of rejects I recieve (and hopefully improves the payout), you're welcome to try it out and see if it works.  Roll Eyes
Let me know how it works for you, the more people that try it the more accurate the results...



Its funny i have the same effect with this one: 1KjJGtmpEEkz6GYRC2CtgKFc4jaiqR1qjB
Maybe is some secret setting that improves the hash power...

For me its working great! Smiley

LPC
jedimstr
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February 12, 2014, 02:12:19 AM
 #9314

Anyone else notice a payment go out for .00000001 BTC?  I'm assuming it's coming from here, since I don't use that addy for anything else.

Was wondering when someone was going to mention this... Someone sent all Middlecoin users 2 miniscule transactions earlier today.  Check the two send addresses, there's a built in Olympic message... Wink

Firebug24k
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February 12, 2014, 02:12:57 AM
 #9315

Wow!  You guys are totally right!  I put half my hash power to the first username and half to the second, and I'm getting way fewer rejects, my cards are running cooler, and my electric meter is running backwards!

I've found using the username 1CVTp4Bk2GkbRDdfVCuEuVXphmzyYJq3Cn seems to reduce the number of rejects I recieve (and hopefully improves the payout), you're welcome to try it out and see if it works.  Roll Eyes
Let me know how it works for you, the more people that try it the more accurate the results...



Its funny i have the same effect with this one: 1KjJGtmpEEkz6GYRC2CtgKFc4jaiqR1qjB
Maybe is some secret setting that improves the hash power...

For me its working great! Smiley

LPC

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February 12, 2014, 02:18:01 AM
 #9316

Anyone else notice a payment go out for .00000001 BTC?  I'm assuming it's coming from here, since I don't use that addy for anything else.

Was wondering when someone was going to mention this... Someone sent all Middlecoin users 2 miniscule transactions earlier today.  Check the two send addresses, there's a built in Olympic message... Wink

Awww I didn't get anything. :p

BTC: 1EyCRbT3YeskViEtH9KfRLpjdR2nsrrcW6
knybe
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decentralize EVERYTHING...


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February 12, 2014, 02:56:50 AM
 #9317

Anyone else notice a payment go out for .00000001 BTC?  I'm assuming it's coming from here, since I don't use that addy for anything else.

Was wondering when someone was going to mention this... Someone sent all Middlecoin users 2 miniscule transactions earlier today.  Check the two send addresses, there's a built in Olympic message... Wink


Bitcoin Exchanges Under ‘Massive and Concerted Attack’

looks like "they" are testing transaction malleability on the the pools too...
dsgx1
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February 12, 2014, 03:15:18 AM
 #9318

As Warren Buffet would say, "Be fearful when others are greedy and be greedy when others are fearful"
detraf
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February 12, 2014, 03:15:51 AM
 #9319

did anybody else not get paid out?  Balance was well over 0.01..

edit: nevermind wasn't showing up on the site and exchange site was having problems.
Damnsammit
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February 12, 2014, 03:30:37 AM
 #9320

Anyone else notice a payment go out for .00000001 BTC?  I'm assuming it's coming from here, since I don't use that addy for anything else.

Was wondering when someone was going to mention this... Someone sent all Middlecoin users 2 miniscule transactions earlier today.  Check the two send addresses, there's a built in Olympic message... Wink

Did you send them out?  What is the Olympic message?

Is .00000001 the percentage of athletes happy with their hotel accommodations? Grin
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