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Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 834525 times)
philipma1957
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March 12, 2013, 02:34:35 AM
 #2601

is the site down?

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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DrHaribo
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March 12, 2013, 03:18:31 AM
 #2602

Sorry for the short downtime. We are on 0.7 and everything should be ok.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
Bitsilver.us
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March 12, 2013, 03:25:31 AM
 #2603

Sorry for the short downtime. We are on 0.7 and everything should be ok.


Thanks !  onward...
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March 12, 2013, 05:00:27 AM
 #2604

The earlier message may have been a bit cryptic. There was a block chain fork: http://bitcoin.org/chainfork.html

We were on 0.7 the whole time so we were on the "correct" side of the fork. Everything ok.

For more details about what happened, there's info all over bitcointalk. You may also want to look at the transcript from the bitcoin-dev IRC channel: http://bitcoinstats.com/irc/bitcoin-dev/logs/2013/03/12 - I guess it will be all over the news today as well.

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WhitePhantom
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March 12, 2013, 08:49:47 AM
 #2605

If you ignore the stale block that took 14 hours, we're nearly 22 hours now with nothing.  Worst luck in a long time, and that's saying something after the recent unlucky streak...  Sad  Can you imagine what a day that balances things out would look like?  Come on good luck!
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March 12, 2013, 11:47:26 AM
 #2606

If you ignore the stale block that took 14 hours, we're nearly 22 hours now with nothing.  Worst luck in a long time, and that's saying something after the recent unlucky streak...  Sad  Can you imagine what a day that balances things out would look like?  Come on good luck!

 Bad Luck is an understatement . First 10 days earned 5. bitcoins last 10 days .5 bitcoins. That is extremely bad luck. Mind you i cranked all 4 of my GPU's to the Max and even had to change my wiring in my house to 20amps to handle the load. at .5 bitcoin in 10 days i am def not covering even electric at this point.

 But i keep plugging away because i love the pool and know what its like when its doing well plus its a friendly community so all i can do is cross my fingers and hope for the best.

 Hang in there guys


Take Care

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philipma1957
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March 12, 2013, 02:53:15 PM
 #2607

well we just did 3 blocks;
  so 14 hours 0 block  stale
 8 hours       1  block  good
2 hours        1  block  good
0 min!!        1 block   good   

right now the network is at  24Th  vs  43 Th   right before the fork.  I suggest cranking our gear up . It may be the asic gear is not working due to something about the fork.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 12, 2013, 03:19:07 PM
 #2608

right now the network is at  24Th  vs  43 Th   right before the fork.  I suggest cranking our gear up . It may be the asic gear is not working due to something about the fork.
ASIC miners are just as unaffected (or affected, depending on how you want to define this) by the fork as anyone else.

I did notice that at the time of the fork, all three of my mining clusters crashed. A significant portion of the network is in EU and eastern/mid USA; many or most of those people would have been asleep during this event (and some of those still would be). If their software crashed as well it would take a while for them to wake up, realize what happened, and restart their miners.

TLDR: nothing to worry about. Eventually everyone will figure out they may need to restart their miners.  Shocked

BTC: 1DJVUnLuPA2bERTkyeir8bKn1eSoRCrYvx
NMC: NFcfHSBBnq622pAr1Xoh9KtnBPA5CUn6id
Isokivi
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March 12, 2013, 04:48:36 PM
 #2609

I spy with my little eye, something beginning with an A (and subsequently following with SIC). carpo446 at nearly 300 Ghs.

Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
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March 12, 2013, 05:42:25 PM
 #2610

I spy with my little eye, something beginning with an A (and subsequently following with SIC). carpo446 at nearly 300 Ghs.

About time we get some ASIC backup Wink

philipma1957
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March 12, 2013, 09:11:23 PM
 #2611

YES THE ASIC IS NICE.

we just minted a block that says external what is this?  never mind it dropped off now it says


225544   2013-03-12 21:07     27m     705,113   4,367,876   14.9%   1,856.798   BTC   carpo446   119 left 

 my guess is that external only shows for a minute

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 13, 2013, 12:53:59 AM
 #2612

I will look at litecoin when I have time. I see it is popular. Wink

It is not that much. Stability with ASICs + Stratum + uptime is more important.

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mybadomen
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March 13, 2013, 06:23:33 AM
 #2613

 Woot seems like luck is on our side today.
WhitePhantom
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March 13, 2013, 07:08:52 AM
 #2614

carpo446 has mined 3 blocks already.  Welcome to the pool!!
philipma1957
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March 13, 2013, 10:44:38 PM
 #2615

Woot seems like luck is on our side today.


over a 72 hour period  we made 23 blocks one was a stale.

 spilt  it in about half and the first 36 hours 4 good blocks 1 stale .

the last 36 hours 18 good blocks.   rough but close estimate.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
mitty
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March 14, 2013, 03:25:44 AM
 #2616

I'm surprised this pool isn't more popular... I think a little variance from PPLNS is a fair trade for no fee. (The recent lucky streak is nice too Smiley )
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March 14, 2013, 03:49:47 AM
 #2617

just in case for Haribo:

https://forums.butterflylabs.com/announcements/913-bitforce-sc-communication-protocol-draft-revision-2-a-4.html#post18426
mybadomen
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March 14, 2013, 12:44:17 PM
 #2618

Woot seems like luck is on our side today.


over a 72 hour period  we made 23 blocks one was a stale.

 spilt  it in about half and the first 36 hours 4 good blocks 1 stale .

the last 36 hours 18 good blocks.   rough but close estimate.


 Hmm is this good for non ASIC users though? Yes tthe pool found more blocks but the difficulty went way up and my percentage dropped from .14 / .15% to 11% the second that ASIC came online? Basically its like 1 ASIC owns the pool it seems to me.

 Can we talk more about Lite coin? As i cant push all these cards any harder and i dont see the point of buying more at this point or even an ASIC without buying a ton of them. Sorta like real life monopoly big companies step in and take it all.

 Just the way it seems to me is all. but still watching to see what happens.
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March 14, 2013, 12:58:11 PM
 #2619

Woot seems like luck is on our side today.


over a 72 hour period  we made 23 blocks one was a stale.

 spilt  it in about half and the first 36 hours 4 good blocks 1 stale .

the last 36 hours 18 good blocks.   rough but close estimate.


 Hmm is this good for non ASIC users though? Yes tthe pool found more blocks but the difficulty went way up and my percentage dropped from .14 / .15% to 11% the second that ASIC came online? Basically its like 1 ASIC owns the pool it seems to me.

Makes no difference to your expected earnings. You earn less but more often - so variance is reduced.

The higher hashrate BitMinter is, the more consistent your earnings are.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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mybadomen
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March 14, 2013, 01:25:14 PM
 #2620

Woot seems like luck is on our side today.


over a 72 hour period  we made 23 blocks one was a stale.

 spilt  it in about half and the first 36 hours 4 good blocks 1 stale .

the last 36 hours 18 good blocks.   rough but close estimate.


 Hmm is this good for non ASIC users though? Yes tthe pool found more blocks but the difficulty went way up and my percentage dropped from .14 / .15% to 11% the second that ASIC came online? Basically its like 1 ASIC owns the pool it seems to me.

Makes no difference to your expected earnings. You earn less but more often - so variance is reduced.

The higher hashrate BitMinter is, the more consistent your earnings are.

 Thanks Mate. 

 Still allot i need to learn that's why i ask Smiley and after reading about Litecoin im note sure its even worth it as Bitcoin is already here and real.

 You explained allot and now it makes sense why when the last ASIC dropped we slowed drastically.

Again Thank you for 1 replying to my question and 2 for helping someone so new to bitcoin. Still deciding if its worth buying an ASIC but i have a ton of these GPU's laying around as i am a Custom PC modder also so really cant sell the cards for ASICS.

 I was looking at the small ASIC's if it ever becomes a necessary to still be a miner.

 I rather enjoy Mining not for the money aspects only but the whole idea and concept. Being a Miner gives you that feeling of actually being part of bitcoin because if we dont mine there is no security or Bitcoins right? or am i misunderstanding it?
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