Bitcoin Forum
December 10, 2016, 08:47:58 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 [218] 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 ... 376 »
  Print  
Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 776179 times)
tripppn
Hero Member
*****
Offline Offline

Activity: 756


View Profile WWW
September 05, 2013, 05:06:51 AM
 #4341

24hrs!    Shocked

“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
1481402878
Hero Member
*
Offline Offline

Posts: 1481402878

View Profile Personal Message (Offline)

Ignore
1481402878
Reply with quote  #2

1481402878
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
philipma1957
Legendary
*
Offline Offline

Activity: 1582


I charge NOTHING for current signature.


View Profile
September 05, 2013, 05:10:25 AM
 #4342

24hrs!    Shocked
  and that is a long time Shocked


 we should do 4-5 blocks a day  one every 5 to 6 hours.

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

1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr

 
 ██
derekleong75
Full Member
***
Offline Offline

Activity: 232


SG Mining Consortium


View Profile
September 05, 2013, 06:13:58 AM
 #4343

Being Chinese, I am now wearing red underwear to ward off the bad luck.  I STRONGLY SUGGEST IT!

Bitcoin Donations : 1Dch7ZW9SBWyypYUoemRDYn9tvFpDxAt78
Litecoin Donations : LScJgDY8CLsoWM5nN3BRLS6Py2Er8XTzMK
Dogecoin Donations : DQwM44KoN6Q71bSoaLvJkpSEW76LrkSJXy
DoogieHouser
Full Member
***
Offline Offline

Activity: 136


Bitcoin Enthusiast


View Profile
September 05, 2013, 08:24:58 AM
 #4344

24hrs!    Shocked
  and that is a long time Shocked


 we should do 4-5 blocks a day  one every 5 to 6 hours.

Two days ago, we knocked-out 5 blocks in 6 hours, followed by a block that took nearly 12 hours (11:55), then this block. 27 hours and counting.

CDF = 99.6%

Wow!

--Doogie
kano
Legendary
*
Offline Offline

Activity: 1932


Linux since 1997 RedHat 4


View Profile
September 05, 2013, 08:28:20 AM
 #4345

Odd how statistics of random numbers seems to be ... random Smiley

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
dave111223
Hero Member
*****
Offline Offline

Activity: 812



View Profile
September 05, 2013, 09:20:55 AM
 #4346

I wonder what the record for longest block on Bitminter is?

TheQuin
Full Member
***
Offline Offline

Activity: 168


View Profile
September 05, 2013, 09:22:55 AM
 #4347

Odd how statistics of random numbers seems to be ... random Smiley

Even odder how the human mind tries to convince itself that it can see order where none exists.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
FREEBITCO.IN Win up to $200 in BTC every hour. Absolutely free.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
baddogshuck
Newbie
*
Offline Offline

Activity: 5


View Profile
September 05, 2013, 09:28:41 AM
 #4348

If this block turns out to be stale, I'm going to be so annoyed  Tongue
norpick
Jr. Member
*
Offline Offline

Activity: 32



View Profile
September 05, 2013, 09:56:32 AM
 #4349

If this block turns out to be stale, I'm going to be so annoyed  Tongue

It's not looking good is it?  Huh
philipma1957
Legendary
*
Offline Offline

Activity: 1582


I charge NOTHING for current signature.


View Profile
September 05, 2013, 10:12:54 AM
 #4350

Being Chinese, I am now wearing red underwear to ward off the bad luck.  I STRONGLY SUGGEST IT!
my brother teaches english as a second language to Chinese students. I will put on a pair of red jockey under pants right now. Followed by a red jockey undershirt!

 Is this TMI?

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

1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr

 
 ██
AlexMc
Jr. Member
*
Offline Offline

Activity: 50


View Profile
September 05, 2013, 11:07:44 AM
 #4351

Being Chinese, I am now wearing red underwear to ward off the bad luck.  I STRONGLY SUGGEST IT!
my brother teaches english as a second language to Chinese students. I will put on a pair of red jockey under pants right now. Followed by a red jockey undershirt!

 Is this TMI?

Seems to have done the trick!!

Lets hope we don't see another block like that for a while.  99.8% CDF  Cry

TheQuin
Full Member
***
Offline Offline

Activity: 168


View Profile
September 05, 2013, 11:21:51 AM
 #4352

Being Chinese, I am now wearing red underwear to ward off the bad luck.  I STRONGLY SUGGEST IT!
my brother teaches english as a second language to Chinese students. I will put on a pair of red jockey under pants right now. Followed by a red jockey undershirt!

 Is this TMI?

Seems to have done the trick!!

Lets hope we don't see another block like that for a while.  99.8% CDF  Cry

Let's hope so. I have had more than enough visions of people in red underwear for now (actually it works better if it's a hot chick in red underwear.).

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
FREEBITCO.IN Win up to $200 in BTC every hour. Absolutely free.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
kano
Legendary
*
Offline Offline

Activity: 1932


Linux since 1997 RedHat 4


View Profile
September 05, 2013, 12:05:43 PM
 #4353

...
Let's hope so. I have had more than enough visions of people in red underwear for now (actually it works better if it's a hot chick in red underwear.).

This help?
NSFW
http://25.media.tumblr.com/e69e6619cebbff3bdcdfd5e0f3eab825/tumblr_mj643lA1qE1rdxozyo1_500.jpg

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
TheQuin
Full Member
***
Offline Offline

Activity: 168


View Profile
September 05, 2013, 12:24:11 PM
 #4354


Yes that helps, I bookmarked it for the next long block.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
FREEBITCO.IN Win up to $200 in BTC every hour. Absolutely free.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
ThatFatGuy
Jr. Member
*
Offline Offline

Activity: 38


View Profile
September 05, 2013, 12:40:53 PM
 #4355

Howdy Ya'll,
Maybe you can explain something to me:

How is it we went for like four days early in the week with single BTCs in the 55+% CDF, and got paid decently, then on Tuesday,
BitMinter gets 4 BTCs with CDF under 35%, and suddenly the pool Ths go up by around 4.5 Ths, and after two days of what should have been a freaking bonanza after a slow week, I got a total pay off of around 0.13 BTC for that 48 hours of work.

Now I pay the 2% pool perks to get paid first, and I know we don't get paid for stale work, but I have watched my return for slow days be better than extremely good days for pay out.

But most worryingly is I watched my daily profitability go from around from 0.48-0.54 BTCs to 0.34 BTCs on the very day of our best discoveries, and there were no corresponding changes in difficulty or network hashing power: only a change in the pool when blocks were discovered.

So while people are complaining about a CDF of 99%+, it really wasn't surprise.  What was a surprise was BitMinters "API was down so weekly network hash rates couldn't be calculated" for the very week I watched my ROI go from 0.48 BTC to around 0.34 BTC per day in the very 48 hoir period when we get our biggest day for a while, and meanwhile there is a corresponding pool hash rate increase of some 25%?

Basically, because we watch the stats in real time, when we look for accounting of how our work was used, we don't get much explanation, even though I see that the BitMinter weekly pool stats in CDF and payouts correspond closely to other big pools.

Perhaps it was a synchronicity that on our biggest day for a while, Network hash rate suddenly increased such that there was a nearly 25% reduction in my daily return from my miner, that had nothing to do with either a software bug, an increase in pool hash rate, or the way the spoils are divvied up.

But I have read such complaints here before and dismissed them when the BitMinter guy comes in an explains why certain things are the way they are.  And also, I had good support from BitMinter early on when I had a question.  Finally, BitMinter, was the only software that worked with my first tiny .333 Ghs usb plugs, so I wanted to show my appreciation by sticking with the pool as it is a smaller one in the top ten, to help diversify the pool computation.

But it seems that if all things stay the same, my ROI hash rate return will fall below  0.1 BTC per day for a BFL 60 Ghs miner within the next 4 weeks.

While I understand that difficulty increases, I used the 61% year over year depreciation stat in the calculator for a purchasing decision.  Now it appears that only true diagnostic for ROI is network hashrate-- not difficulty.  OR POSSIBLY POOL HASHRATE.

I was under the impression that BitMinter had some type of controls installed so that people couldn't easily pool hop.  But maybe that is what is needed.

So it appears to me, that my BFL 60 Ghs miner which was totally profitable less than 10 days ago suddenly became unprofitable by almost 0.16 BTC per day within a single 48 hour period.

I don't dispute it's possible or likely, it just doesn't seem to correspond to what I was getting several orders of magnitude lower with my .333 ghs miners.

The data does not continue to comply with the estimations at higher hash rates, even when accounting for difficulty.

Thus, I need some kind of explanation or I have to start looking elsewhere for any shred of profitability until I get ROI, which should have been Dec. 14, 2013 at the latest and now seems pushed back to June 2014, as of yesterday.

Honestly, I am trying to make a decent go of this, with good accounting, and yesterday doesn't seem to add up-- even when accounting for unclosed blocks waiting to be paid.

It really sucks, and if Network Hashrate is the true Gorilla in the room rather than difficulty, how has that avoided the major avenues of research here on Bitcointalk.org and other newsworthy sites.  Because if Network Hashrate IS the gorilla in the room, then every calculator I've used lacks a Network Difficulty variable to help keep from screwing ourselves.

If our community is so desperate as to need to completely misrepresent the way that difficulty works so that folks will buy hardware from only 4 manufacturers without a real picture of deflation, then we are everything the straight banking community says we are.

And rather than make the next leap to a 2 Th machine to continue mining, after yesterday, it looks like I should be one of the assholes on eBay asking a lot for a machine and get out of the game now....

It's really kind of disappointing.

Any happy thoughts?    Huh


  
ThatFatGuy
Jr. Member
*
Offline Offline

Activity: 38


View Profile
September 05, 2013, 12:44:35 PM
 #4356

Wow, I'm going to complain some more and threaten to walk out again. We just got a 6.5% CDF Btc 2 minutes ago.... Tongue
TheQuin
Full Member
***
Offline Offline

Activity: 168


View Profile
September 05, 2013, 01:19:04 PM
 #4357

Wow, I'm going to complain some more and threaten to walk out again. We just got a 6.5% CDF Btc 2 minutes ago.... Tongue

That and wearing red underwear seem to be the key to having good luck.

But more seriously variance evens out over much longer periods of time, weeks and months not days.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
FREEBITCO.IN Win up to $200 in BTC every hour. Absolutely free.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 1960


Poor impulse control.


View Profile WWW
September 05, 2013, 01:23:18 PM
 #4358

Howdy Ya'll,
Maybe you can explain something to me:
<snip>

I think you have a lot of misconceptions about pooled mining, and unfortunately that tends to be the case for many miners. I don't really know where to start, but can estimate the amount you could expect to earn per day as follows:

Code:
miner hashrate / 2^32 * B / D * 86400
B = block reward, 25 btc
D = network difficulty, currently 86933017.771194

So in the case of a 60 Ghps miner: 60e09 / 2^32 * 25 / 86933017.771194 * 86400 = 0.3471046 btc expected per day. In your post you mention 034 btc per day. Given the amount of variance one would expect, this is vary close. I don't think you're seeing anything unusual. Maybe you're expectations were a bit unrealistic?


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
philipma1957
Legendary
*
Offline Offline

Activity: 1582


I charge NOTHING for current signature.


View Profile
September 05, 2013, 01:26:32 PM
 #4359

your single will make about 3.52 btc in the next 10 days.   I use this calc


https://bitclockers.com/calc  


 plugged in  61200 hash

350 watts

 .18 usd a k watt

 10 days time


120 usd a btc

87000000 diff  

1% diff change-----   since we will stay at 87 mill for about 10 more days  

25 btc a block



so just see what you make in the next 10 days   over 3.52 btc good luck under  3.52 bad luck   you pay fees so  3.52 is off a bit.

so more like 3.32 btc    you used .34 which 10x is close to my number.  and in 10 days or so diff will jump and your single will be a little worse.

  you could sell it on ebay  but offer pick up only and btc payment only.  No chargebacks that way.  this one is over 4 k


http://www.ebay.com/itm/Butterfly-Labs-BFL-Bitforce-SC-Single-60GH-s-IN-HAND-READY-TO-SHIP-/221276166796?pt=LH_DefaultDomain_0&hash=item3385165a8c  

 I do not think a single will earn 4.5 k over its life.

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

1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr

 
 ██
ThatFatGuy
Jr. Member
*
Offline Offline

Activity: 38


View Profile
September 05, 2013, 01:27:30 PM
 #4360

Okay but riddle me this: How is that my hash rate seems to be decreasing by half every 13 days!?! (according to the Mint Speed of the BitMinter Client v1.4.1).  Friday before last at around 7 PM Central I was getting over 0.6 BTC per day, and now around 0.35 BTC.  

With that rate of change in depreciation, there is no way to argue for even the newest biggest machines, because they would become worthless in a year.

So was there a change in the way that  "Approx Mint Speed" was figured or displayed in the new client that may help to explain the loss of mint speed despite better hash rates in the second week?  

Because external added hashing to the network is the only thing other than that which could explain the high rate of depreciation-- and despite an increase in BTC value from $112 to $145 USD in the same time.

Or maybe larger miners with experience could give some perspective on how long I should give a 60 Ghs machine to get a better estimate?

Thanks.

PS far easier to be an extremely bad drug dealer who was constantly arrested than a legit BTC miner....
Pages: « 1 ... 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 [218] 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 ... 376 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!