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Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 834289 times)
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May 04, 2013, 05:39:30 PM
 #2921

What do you think "RealAsicMiner" is running?  The whole Bitminter hash rate jumped almost 3 Thps.
Here's a good read for ya: https://bitcointalk.org/index.php?topic=99497.0

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May 04, 2013, 05:41:41 PM
 #2922

Well looks like someone got there 1,500 GH/s Bitcoin Miner BitForce Mini Rig SC

Delivered  Cool Cool!

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May 04, 2013, 05:47:19 PM
 #2923

Well looks like someone got there 1,500 GH/s Bitcoin Miner BitForce Mini Rig SC

Delivered  Cool Cool!
https://bitcointalk.org/index.php?topic=27062.msg2027471#msg2027471

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May 04, 2013, 06:30:24 PM
 #2924

Cool, anyway.

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May 04, 2013, 06:32:07 PM
 #2925

And luck is bi-directional.  Except for Bitminter where the payout graph hasn't gone over the expect line for more than a year.

Do you mean we have not had one lucky day for a full year? You know that's not true.

The actual is above the expected for part of the graph when I look at it now: http://bitminter.com/stats/rewards
And it has not been 1 year since this could last be seen.

The rewards graph is only the last 500 shifts. Currently, as I write this, it goes back to shift 14399 which was 2013-04-18 20:38 UTC. That's only 16 days. I'll agree the last 5 days or so were bad, but let's not go overboard.

I'll get some more data to show how the luck has been. In the meantime please give the FUD some rest.

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May 04, 2013, 06:36:43 PM
 #2926

And luck is bi-directional.  Except for Bitminter where the payout graph hasn't gone over the expect line for more than a year.

Do you mean we have not had one lucky day for a full year? You know that's not true.

The actual is above the expected for part of the graph when I look at it now: http://bitminter.com/stats/rewards
And it has not been 1 year since this could last be seen.

The rewards graph is only the last 500 shifts. Currently, as I write this, it goes back to shift 14399 which was 2013-04-18 20:38 UTC. That's only 16 days. I'll agree the last 5 days or so were bad, but let's not go overboard.

I'll get some more data to show how the luck has been. In the meantime please give the FUD some rest.


I said that actual rewards have trended below expected for several months.  That is true.  And it continues to be true.

If everything was kosher, you would expect to see that trend chart having equal areas above, and below the expected reward line.  I have never looked at the chart and seen it ahead at the end of a 500 block period.

It's not FUD to give you fair warning that you are likely being exploited in some fashion.

Graet was robbed for months by miners hopping payout methods and didn't notice until they broke the bank.  You need to be more vigilant.

Edit:  The 500 block shortfall is also remarkably consistent at slightly greater than 10%.  I mined several thousand coins with Bitminter before deciding the pattern was too suspicious to tolerate.  That's the price of a nice car that is missing, and I was only 3% of your pool at my peak.
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May 04, 2013, 06:46:56 PM
 #2927

[...]
The rewards graph is only the last 500 shifts. Currently, as I write this, it goes back to shift 14399 which was 2013-04-18 20:38 UTC. That's only 16 days. [...]
A clearer description of the x-axis would probably be helpful. I.e the actual dates.

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May 05, 2013, 01:33:12 AM
 #2928

DDoS or server screwed up?

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May 05, 2013, 01:35:00 AM
 #2929

And We're Down.....

Thinking about doing business with johnniewalkerhttps://bitcointalk.org/index.php?action=profile;u=72227?
First read this thread https://bitcointalk.org/index.php?topic=131841.0

Also, Join the National Rifle Association to protect 2nd Amendment Rights http://membership.nrahq.org/default.asp?campaignid=XR020022
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May 05, 2013, 01:40:43 AM
 #2930

The shares are still accepted, or am I wrong? (might be the backup server I can't tell from here)
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May 05, 2013, 01:40:54 AM
 #2931

And We're up =)

Thinking about doing business with johnniewalkerhttps://bitcointalk.org/index.php?action=profile;u=72227?
First read this thread https://bitcointalk.org/index.php?topic=131841.0

Also, Join the National Rifle Association to protect 2nd Amendment Rights http://membership.nrahq.org/default.asp?campaignid=XR020022
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May 05, 2013, 01:52:38 AM
 #2932

Sorry, there was a few minutes downtime as the server was overloaded. Running OK again now.

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May 05, 2013, 02:08:47 AM
 #2933

Waiting on that run of good luck...I mean the other guy did the math. How many days will it take to get 16 blocks (average) in a day???
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May 05, 2013, 05:29:25 AM
 #2934

The miner collects coins for shares submitted to the pool.  And chooses not to submit winning block solutions.  It would be done only out of pure malice.  But there is plenty of malice around here lately.  Any pool operator that isn't considering worst case scenarios is going to get run over by some bad actors.

On the long run, if the attacker submits enough 'rotten' shares (i.e. discarding winning ones), wouldn't it easily be detected by the lower than expected (i.e. zero, if the attacker discards all winning shares) found blocks / submitted proofs of work?
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May 05, 2013, 05:39:23 AM
 #2935

2 Stale blocks in a row!?!  Huh Shocked

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May 05, 2013, 05:45:03 AM
 #2936

2 Stale blocks in a row!?!  Huh Shocked

I thought so, but nope, we took over BTCGuild on 234580 thanks to 234581 right behind, and theirs was orphaned.
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May 05, 2013, 06:15:46 AM
 #2937

Now with 8+ TH/s we should on avg be finding 16 blocks/day at current difficulty 10076293.

So far today (past 15 hrs) found 4.
Yesterday (during full 24 hr period) found 7.
I think you need to give things more time.

Somebody correct me if I'm wrong, ASICMINER started mining on Bitminter from around shift 14893 2013-05-04 08:24 UTC (an educated guesstimate).

Now, 22 hours later, at ~ 6:15 UTC we have mined 15 blocks. Looks like we are right on track.

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May 05, 2013, 07:04:02 AM
 #2938

Now with 8+ TH/s we should on avg be finding 16 blocks/day at current difficulty 10076293.

So far today (past 15 hrs) found 4.
Yesterday (during full 24 hr period) found 7.
I think you need to give things more time.

Somebody correct me if I'm wrong, ASICMINER started mining on Bitminter from around shift 14893 2013-05-04 08:24 UTC (an educated guesstimate).

Now, 22 hours later, at ~ 6:15 UTC we have mined 15 blocks. Looks like we are right on track.
Either way, it's a statistical expected average.
Give it a week or two and you still can't guarantee it to be very near the average ...

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May 05, 2013, 08:56:07 AM
 #2939

Now with 8+ TH/s we should on avg be finding 16 blocks/day at current difficulty 10076293.

So far today (past 15 hrs) found 4.
Yesterday (during full 24 hr period) found 7.
I think you need to give things more time.

Somebody correct me if I'm wrong, ASICMINER started mining on Bitminter from around shift 14893 2013-05-04 08:24 UTC (an educated guesstimate).

Now, 22 hours later, at ~ 6:15 UTC we have mined 15 blocks. Looks like we are right on track.
Either way, it's a statistical expected average.
Give it a week or two and you still can't guarantee it to be very near the average ...

Yup, my point was that you can't expect 24 hrs based "results" after just a few hours of higher hashrate.

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May 05, 2013, 04:44:30 PM
 #2940

All the data is available but it would take a few days work.  I did  this back in the fall and bitminter was fine for a 90 day period of time.  I will tell you what i will go back and do it again. I will go back to aug 2012.

Below is from aug 1 2012.  I used this calculator https://bitclockers.com/calc   to get the normal number.

keep in mind 50 coins a block if you try to double-check my work  until late nov.

hash power is the hash for each block made added and divided by the blocks made .  so it is a good but not perfect number.  I am up to aug 10th 2012 we made 61 blocks and normal would be 53.16


  61 blocks made vs 53.16  is huge .  1.147 to 1   or 14.7 percent over normal then toss in the namecoins.  you also need to understand that determining the true daily hash rate  is not possible I don't have enough samples of hash rate my samples are when a block is found.


DATE------------------Blocks----------------Difficulty--------------Hashpower-------------- normal blocks for this

 Aug  1 2012------------7-------------- 2,036,671------------------470.85Gh/s--------------------- 4.64
 Aug  2 2012------------3---------------2,036,671------------------534.00Gh/s----------------------5.26
 Aug  3 2012------------5---------------2,036,671------------------531.99Gh/s----------------------5.25
 Aug  4 2012------------6---------------2,036,671------------------513.04Gh/s----------------------5.07
 Aug  5 2012------------4---------------2,036,671------------------518.61Gh/s----------------------5.11
 Aug  6 2012------------3---------------2,036,671------------------552.93Gh/s----------------------5.46
 Aug  7 2012------------5---------------2,036,671------------------536.80Gh/s----------------------5.30
 Aug  8 2012------------8---------------2,036,671------------------540.74Gh/s----------------------5.34
 Aug  9 2012------------9---------------2,036,671------------------557.76Gh/s----------------------5.51  
 Aug 10 2012-----------11--------------2,036,671------------------633.70Gh/s----------------------6.26



This method has a flaw  the hash rate of bitminter is found by using the hashpower when a block was made.  so if it was a bad day and 3 blocks were made only 3 samples of hash rate were used to find  the daily hashrate.  So the hash rate could be higher and the luck is worse but more likely the average hash rate is lower .  reason is if bitminter goes down and hash rate is 0  for 1 hour no block will be made.  So my hash rate average is missing all down time.   BTW I believe that is true when you look at bitminter's luck charts.  In order to be really accurate 4 samples of hashrate every hour would be far better to know the true daily hashrate. A total of 96 samples a day.

    I think the doctors luck chart is wrong  and always reads low for the same reason. He uses the current hashrate when the block is found. Thus the luck is calculated with all down time missing.  So in a 24 hour day if the system is down 1 hour  luck will be based on 24 hours up time.  The only way to really figure out luck is for some one to write a script that gives us 4 samples(even 10 per hour)  of bitminter every hour of every day for the next month. I would be certain that the average hashrate with those numbers will be 3 to 5% less then the hash rate used by counting it only when a block is minted.

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