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Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 775975 times)
DrHaribo
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December 13, 2011, 06:49:47 PM
 #621

The datacenter hosting the BitMinter server is having an outage right now. Let's hope it will be short.

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DrHaribo
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December 13, 2011, 06:57:16 PM
 #622

We are back up again Smiley

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P4man
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December 16, 2011, 06:53:21 PM
 #623

And you also finally re-enabled the block finding cheat Smiley

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December 16, 2011, 08:17:49 PM
 #624

And you also finally re-enabled the block finding cheat Smiley

Yeah, the cheat is a bit flaky. Kinda like this car (il tempo gigante) http://www.youtube.com/watch?v=d5ShwTIhGyw

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December 24, 2011, 03:37:48 PM
 #625


DrHaribo
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December 26, 2011, 12:18:15 AM
 #626

Welcome back, Turbor and the others who returned Smiley

Quick update on the website:
  • You can now add multiple OpenID identities to your bitminter account, go to My Account->Logins in the menus
  • Account balances again shown at the top of the transactions list. This had accidentally disappeared after the changes to how balances are shown on the "account details" page
  • Fixed block and shift timestamps on the full-page livestats page to be UTC timezone like all other timestamps on the website
  • Fixed full-page livestats sometimes playing the "new block" sound when there was no new block

In other news, v1.1.0 of the BitMinter miner is out: https://bitcointalk.org/index.php?topic=31163.msg662061#msg662061
And also, today we have 1500 members Smiley

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Proofer
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December 29, 2011, 03:52:16 PM
 #627

During my first BitMinter session, about 12 hours in:

https://bitminter.com/members/workers:
21,021 accepted, 56 rejected

cgminer status line:
21,218 accepted, 18 rejected

Any thoughts on the big difference in rejected count?

Also... what does "CDF" stand for on the BitMinter live stats page?

Thanks...
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December 29, 2011, 04:56:26 PM
 #628

Also... what does "CDF" stand for on the BitMinter live stats page?
If you mouse over "CDF" it gives an explanation. See also: http://en.wikipedia.org/wiki/Cumulative_distribution_function

BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf
LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
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December 29, 2011, 05:45:51 PM
 #629

Also... what does "CDF" stand for on the BitMinter live stats page?
If you mouse over "CDF" it gives an explanation. See also: http://en.wikipedia.org/wiki/Cumulative_distribution_function

Thanks.  I noticed the dotted underlines and tried to get the hover tips before posting my previous but I guess I didn't  hover long enough.

Now I notice that the hover-tip definition of Difficulty must be incorrect:

Difficulty: "The chance that a proof of work will create a block is 1 divided by the difficulty. ..."

Accepted: "Proofs of work that would create a block at difficulty 1. Most will not actually create a block but serve as a measure of the amount of work done by each user."

Going by that, 100% of proofs of work would create a block at difficulty 1.

Alas, en.bitcoin.it is currently down and I don't know where else to look for a definition of difficulty.
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December 30, 2011, 09:33:39 AM
 #630

https://bitminter.com/members/workers:
21,021 accepted, 56 rejected

cgminer status line:
21,218 accepted, 18 rejected

The server is telling the miner that the share is rejected only if it is rejected on both chains (bitcoin and namecoin). I agree this is confusing. Better to report accept/reject to miner based on the bitcoin chain only, perhaps?

Difficulty: "The chance that a proof of work will create a block is 1 divided by the difficulty. ..."

Accepted: "Proofs of work that would create a block at difficulty 1. Most will not actually create a block but serve as a measure of the amount of work done by each user."

Going by that, 100% of proofs of work would create a block at difficulty 1.

Yes, if the bitcoin difficulty was 1 then every proof of work you send to the pool (that is not stale/rejected) would create a new block. The bitcoin difficulty is much higher than 1, though.

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December 30, 2011, 06:16:08 PM
 #631

Hi,
Can anyone tell me why my expected payout per block is really low on my account at about 5?

A block hasn't been found in 2 days now and I'm consistently contributing about 10% of the hashing power of the pool.

Thanks.

1tpXGRKnzaM42B1A1NZhmsX3tngwkqVEf
P4man
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December 30, 2011, 06:23:46 PM
 #632

Hi,
Can anyone tell me why my expected payout per block is really low on my account at about 5?

A block hasn't been found in 2 days now and I'm consistently contributing about 10% of the hashing power of the pool.

Thanks.

10% of the hashing power would result in 10% of the block reward, being around 5?
edit: and yes, we are having an unlucky block again. On a good day we should find 2 or 3.

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December 30, 2011, 06:31:22 PM
 #633

Hey mackminer, nice to see some bigger miners at bitminter. DrHaribo should know best about payout. When i was mining at EMC we often had 4000000+ share blocks. Since we are that small, it takes a while to mine down such a block.

Edit: here is the payout for the last block https://bitminter.com/block/btc/159569 looks ok to me ?!

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December 30, 2011, 09:58:58 PM
 #634

Hey mackminer, nice to see some bigger miners at bitminter. DrHaribo should know best about payout. When i was mining at EMC we often had 4000000+ share blocks. Since we are that small, it takes a while to mine down such a block.

Edit: here is the payout for the last block https://bitminter.com/block/btc/159569 looks ok to me ?!

"Successful minting by: DeathAndTaxes"  BOOYAH

As far as the payout.  Remember PPLNS is subject to "luck variance".  If you contribute 10% of hashing power then you get 10% of the rewards.  If that ends up being 3 blocks in one day that is 50*3*10% = 15 BTC per day.  If that ends up being one block in 3 days 50/3*10% = 1.67 BTC

Those are pretty much the two extremes I have seen.  In the long run you will earn 10% of what the pool earns and that works out to ~1 BTC per GH per day (at current difficulty).
mackminer
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December 30, 2011, 10:36:03 PM
 #635

Thanks for clarifying this.

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January 01, 2012, 01:46:33 PM
 #636

Happy new year everyone. Looks like we had a good start. Found my first block... finally  Smiley

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January 01, 2012, 03:16:57 PM
 #637

Yes, very lucky start on the new year. Let's hope it continues this way.

Happy new year! And congrats on your first bitcoin block, Turbor! Smiley

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January 01, 2012, 03:22:48 PM
 #638

3 blocks in little over a day.  I am liking that.   However I no longer makeup 20% of the pool.  Good the pool is growing but I liked pulling down a solid 10 BTC per block.
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January 01, 2012, 04:35:06 PM
 #639

3 blocks in little over a day. 

Look again. ITs 4 blocks in 24 hours now. Actually in less than 12 hours. Gotta be a record.

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January 01, 2012, 05:58:27 PM
 #640

Grin

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