[1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]

[Degenerate]

I've been running 10 USB sticks constantly, I've noticed my balance hasn't changed in the last 14hrs, why is this? Thanks!

[1615230880]

1615230880

[1615230880]

1615230880

[wot_guppy]

The luck today blows...Somebody save us!

I cranked up my Avalon a bit, maybe the extra few watts will find us a block

I got my mighty 2.3Gh/s going for all its worth!
 

-gupgup

[xstr8guy]

I've been running 10 USB sticks constantly, I've noticed my balance hasn't changed in the last 14hrs, why is this? Thanks!

Because we're having terrible luck.  We haven't found a block in almost 15 hours.

Maybe it's your fault. 

[eestimees]

any idea why bitminter 1.4.0 and beta 1.4.1 went blind on bfl jalapeno on easypeasy linux? At first is was detected and hashing well, suddenly bitminter java client lost it.. when I try different usb's or put usb hub in-between, still nothing.. looking at dmesg or lsusb I see my jally.. a few usb erupters are working perfectly on the same pc. also jalapeno work perfectly under osx bitminter java client..

so strange as i had done no update nor configuration changes..

[Nemo1024]

The luck today blows...Somebody save us!

Umm... You are usually the one to do that

[SgtSpike]

We won the wrong lottery guys... CDF of 99.9%!!

[Nemo1024]

  Has there been only one (and soon none) block in the confirmation queue at all?

Anyway, hang in there, everyone. It should average out over time...

[polarhei]

Number will be sum up to At least 120Th/s later on, There the fun begins.

[shmadz]

100,000 shares for a block? meh, bad luck
150,000 shares?? must be really bad luck (went back 40 pages on the block history, never found a block over 150K)

278,000 shares? I begin to think something might be broken...

I'm certain that there will probably be a string of 10 blocks in less than 10 hours after this monster... but it's just so far above normal, like double the previous worst case scenario.

[||bit]

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

[SgtSpike]

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently.  20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator:  http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

[GoMaD]

18h 01m - and done.. Thanks zionj 

[Nemo1024]

18h 01m - and done.. Thanks zionj  

Yay. This mastodon was the payment for the 1 minute block:  

251484    2013-08-11 06:36    1m    399,022    37,392,766    1.1%    17,487.617    BTC    0000

EDIT: And we are over 85% again, while BTCGuild has already found29 blocks today. It also looks like we are down on luck in NMC...

[kano]

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently.  20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator:  http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

You don't use the network rate, that rises (and falls) over the two weeks of a static difficulty, you use the network difficulty.
Current difficulty is 37,392,766.13647456, so the pool should find (on average) one block every 37,392,766 1diff shares submitted until the difficulty changes.

That represents 37,392,766.1364745 x 2^32 hashes.

If the pool is 20TH then it is divide that by 20*10^12 ... = 8030 seconds

So expect to find a block on average every 2hr 13min 50s

Or 10.76 blocks on average a day.

[kano]

So I'm just curious ... any special reason why stratum nonce2 is 6 bytes on bitminter?
Does bitminter expect anyone to have something like 600,000TH/s mining in a single work item?
If stratum nonce2 was 4 bytes, although you only really need 30 seconds, you could hash for a day from a single work item with 213.5TH/s
30 seconds (the norm) allows for 614,891TH/s
nonce2 size 6 allows for up to 156,182,433TH/s per work item for 30s

[||bit]

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently.  20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator:  http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

Yep. Correction is needed. It is 144 blocks per day. Thanks. That comes out to 7.2 blocks/day for BitMinter at 5% of network hash rate. I'm not going by difficulty, but network hash rate because network hash rate is calculated more often (I think) if not more applicable to current variables. I could be wrong.

[westkybitcoins]

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently.  20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator:  http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

Yep. Correction is needed. It is 144 blocks per day. Thanks. That comes out to 7.2 blocks/day for BitMinter at 5% of network hash rate. I'm not going by difficulty, but network hash rate because network hash rate is calculated more often (I think).

It is calculated more often, but it is not relevant until the next difficulty adjustment.

When the math is done by miners trying to make blocks, they only look at the difficulty. It is the frequency of published blocks that people use to determine what the network hash rate is... it is not some accurate snapshot of the network's mining power, but rather an estimate (if everyone was having bad luck, the network hash rate would be calculated as being lower than it really was.)

Currently, the network is finding over 9 blocks an hour, but that is not (yet) in any way hindering us from finding any blocks. Everyone continues to find them at the current difficulty.

[DrHaribo]

There seem to be a compatibility problem with bitminter and the latest cgminer 3.3.3 version. I keep getting this message from bitminter pool:

Seems there is already a fix for this.

So I'm just curious ... any special reason why stratum nonce2 is 6 bytes on bitminter?

To support sub-pools.

I've been running 10 USB sticks constantly, I've noticed my balance hasn't changed in the last 14hrs, why is this? Thanks!

Bad luck - it happens.

[philipma1957]

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently.  20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator:  http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

Yep. Correction is needed. It is 144 blocks per day. Thanks. That comes out to 7.2 blocks/day for BitMinter at 5% of network hash rate. I'm not going by difficulty, but network hash rate because network hash rate is calculated more often (I think).

It is calculated more often, but it is not relevant until the next difficulty adjustment.

When the math is done by miners trying to make blocks, they only look at the difficulty. It is the frequency of published blocks that people use to determine what the network hash rate is... it is not some accurate snapshot of the network's mining power, but rather an estimate (if everyone was having bad luck, the network hash rate would be calculated as being lower than it really was.)

Currently, the network is finding over 9 blocks an hour, but that is not (yet) in any way hindering us from finding any blocks. Everyone continues to find them at the current difficulty.

yeah difficulty is what matters.  think of difficulty of 37 mill as a wheel of fortune you spin.  it has 37 mill slots only one wins.   our hash of 20th it how many times we can spin that wheel. in a given period of time

[lano1106]

So I'm just curious ... any special reason why stratum nonce2 is 6 bytes on bitminter?

To support sub-pools.

Is this a feature available to all or only for special cases? (ie: like when AsicMiner used bitminter)