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Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 775112 times)
mruiter
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July 16, 2013, 11:21:36 AM

Oh my god, this block is bad.... Somebody please kill it  Shocked

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July 16, 2013, 11:35:18 AM

Last block on 2013-07-15 17:27 ! WTF ??!!
Now is 2013-07-16 11:20 !

We get the payment for the missing blocks???
 I have seen blocks under 1 min longest block I can remember was 22 or 23 hours.  


our pool's hash rate should earn 6 blocks a day or 1 every 4 hours.



https://bitclockers.com/calc


  put in 8,200,000 for hash.

 put in 26,160,000 for difficulty.  

 you get 157 coins a day or about a block every 4 hours

██     Please support sidehack with his new miner project Send to :

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derekleong75
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July 16, 2013, 01:36:01 PM

The worst would be an orphan. *hides*

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July 16, 2013, 01:39:37 PM

I've never seen a round be so large ! 129M accepted shares and growing !!!
mruiter
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July 16, 2013, 01:45:46 PM

Drharibo , is IT posible something went wrong witheet maintenance yesterday ?!
Or else we Have record....

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July 16, 2013, 02:28:16 PM

Drharibo , is IT posible something went wrong witheet maintenance yesterday ?!
Or else we Have record....
+1 I have never seen such bad luck before

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
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And remember Bicknellski is not collecting money from community;D
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July 16, 2013, 02:42:48 PM

Drharibo , is IT posible something went wrong witheet maintenance yesterday ?!
Or else we Have record....
+1 I have never seen such bad luck before

Your current round is at 135m shares as of this post.  That is only ~5 times current difficulty.  Most pools (BitMinter included I bet) have had *at least* one block that was 10x difficulty.  The fact that BitMinter has solved a few NMC blocks in that time is a good sign that everything is probably still in working order.

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July 16, 2013, 02:46:08 PM

Drharibo , is IT posible something went wrong witheet maintenance yesterday ?!
Or else we Have record....
+1 I have never seen such bad luck before

Your current round is at 135m shares as of this post.  That is only ~5 times current difficulty.  Most pools (BitMinter included I bet) have had *at least* one block that was 10x difficulty.

It is worth asking though. The fact after the maintenance we did not find a single block exists. Shit happen and it may be related. Let us hope that Doc will check it asap. No matter of what i am sticking to the pool. If there was a bug hitting us we will loose a day or two of profits. I can leave with it.

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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July 16, 2013, 02:58:01 PM

Drharibo , is IT posible something went wrong witheet maintenance yesterday ?!
Or else we Have record....
+1 I have never seen such bad luck before

Your current round is at 135m shares as of this post.  That is only ~5 times current difficulty.  Most pools (BitMinter included I bet) have had *at least* one block that was 10x difficulty.

It is worth asking though. The fact after the maintenance we did not find a single block exists. Shit happen and it may be related. Let us hope that Doc will check it asap. No matter of what i am sticking to the pool. If there was a bug hitting us we will loose a day or two of profits. I can leave with it.

No doubt on worth asking.  Mostly just correcting the "worst luck ever" theme that was starting in the last few posts.  Smiley

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derekleong75
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July 16, 2013, 03:50:10 PM

Havent seen a 24 hr block in a long time.  Really long time...

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Cascaders28
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July 16, 2013, 04:04:10 PM

On the 14th we had a 7 min and a 35 min block. Maybe this is just to make us pay for those  Undecided

And I know that isn't really how this works, but it helps me to justify it that way Cheesy
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July 16, 2013, 04:43:03 PM

There was a time 24h rounds were normal Grin Lean back and let the machines do the work.

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July 16, 2013, 04:55:14 PM

There was a time 24h rounds were normal Grin Lean back and let the machines do the work.

But the proffits were higher then to.......

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July 16, 2013, 05:08:32 PM

The worst would be an orphan. *hides*


Bad mojo don't talk that way.  Best would be we get a block in about 10 minutes from this post.  Then pop 2 more quick blocks.

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Jayjay04
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July 16, 2013, 05:23:09 PM

we also had a block at 0 min, so the 99,99% and 24+ hour is possible....

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July 16, 2013, 05:28:10 PM

1 day on this block  Cool
mruiter
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July 16, 2013, 06:24:53 PM

http://bitminter.com/stats/rewards

Looks like Gox and BTC-e graphs when BTC crashed to 60 3 weeks ago  Roll Eyes

Lets see if it skyrockets like btc did , but don't let it take 2 weeks like BTC  Angry

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Keninishna
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July 16, 2013, 08:21:12 PM

looks like the blockstipation is releasing, with 2 new low cdf blocks.
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July 16, 2013, 10:18:21 PM

Last block on 2013-07-15 17:27 ! WTF ??!!
Now is 2013-07-16 11:20 !

We get the payment for the missing blocks???

There are no missing blocks. Just like there are no "extra" blocks when we have lucky short rounds.

Bitcoin mining is like a lottery. Sometimes you find blocks quickly with only a few hashes (lottery tickets) and sometimes it takes many hashes.

Luckily we found a couple quick blocks after that 26 hour block, which helps even out the bad luck we just had.

If the variance makes you uneasy then you can mine in a PPS pool instead. You'll have high fees, no income from transaction fees, no namecoin income. In short, you will lose a lot of money. But you won't have any variance at all. The same (very low) payouts every day.

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July 16, 2013, 10:32:54 PM

Last block on 2013-07-15 17:27 ! WTF ??!!
Now is 2013-07-16 11:20 !

We get the payment for the missing blocks???

There are no missing blocks. Just like there are no "extra" blocks when we have lucky short rounds.

Bitcoin mining is like a lottery. Sometimes you find blocks quickly with only a few hashes (lottery tickets) and sometimes it takes many hashes.

Luckily we found a couple quick blocks after that 26 hour block, which helps even out the bad luck we just had.

If the variance makes you uneasy then you can mine in a PPS pool instead. You'll have high fees, no income from transaction fees, no namecoin income. In short, you will lose a lot of money. But you won't have any variance at all. The same (very low) payouts every day.


That's the thing... all miners occasionally lose out due to bad luck, one way or another. If that didn't happen, then you're also not benefiting from good luck--or else the pool would go bankrupt So really, there's no point in trying to avoid it. I'd rather see the downturns all laid out in a direct correlation (payment = % of block) rather than hidden behind extra fees (and not really knowing how much I'm really losing.)

I'm sticking with Bitminter; I find the payouts to be quite fair. Smiley

Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
...
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In the future, books that summarize the history of money will have a line that says, 揳nd then came bitcoin. It is the economic singularity. And we are living in it now. - Ryan Dickherber
...
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ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)
...
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The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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