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Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 836802 times)
golfwidow
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June 18, 2014, 07:08:01 PM
 #6481

Thanks for such an easy-to-use package! As a newbie, it was extremely hard to get started on a small scale until I found your product. Easy enough for even a cave-woman to use! Great work! Grin


Good luck with your mining have fun.  I happen to think it is  a better hobby then most.

Thanks! I'm sure many more stupid questions will follow, but so far I'm having a blast. Smiley
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Grayson5
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June 18, 2014, 07:21:37 PM
 #6482

Last week we had a great run.......this week so far....not so much.....come on luck!
MoreBloodWine
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June 18, 2014, 08:10:38 PM
 #6483

Thanks! I'm sure many more stupid questions will follow, but so far I'm having a blast. Smiley
What is this Bitminter thing ?







Sorry, couldn't resist lol

To be decided...
philipma1957
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June 18, 2014, 09:04:01 PM
 #6484

I'm still failing to see the benefit to the attacker?  Other than them making money on bad equipment that wouldn't otherwise make any money.  Even if the solved blocks aren't being counted, they are still paying for the power.

Also, I think everyone is jumping off of Ghash because they almost hit the fabled 51% mark and no one wants to have hashing power that consolidated.  See article below.

http://www.pcworld.com/article/2364000/bitcoin-price-dips-as-backers-fear-mining-monopoly.html

The issued has occurred twice according  BTCGuild and  Eligus pools.

At first I can understand the attacker's motives  would be he did not understand why he could not get blocks via solo mining  so he leached onto big pools to get coins. Not wanting to take a 2 or 3 million usd loss.

  He got caught twice by both pools.

 Now I am not making this up  or  at least those 2 pools have accused a big  miner of the problem.

So a lets be nice and say his gear/software is finally fixed and he just mines for coins and no longer mines with shit gear/bad software.

No worries for all of us  if that is the case. 

  But just remember it was done and can be done again.

  I am fine with the fact that  some big miner has a big cannon he can point at my pool and blast my pool with bad luck.  Do you know why I am fine with that.

 I don't run or own a pool.

  So I can skip around I can be in six pools and I can protect myself in a lot of ways.

 Since the bad luck cannon can't hit every pool at every time.

 I only need put 20% of my hash in 5 pools  and at worse  I get some damage in one pool.


True and real pool owners are the ones at risk since their pool can get shot at and they don't get to jump around or spread the risk of the attack. So good luck to them and I hope then can protect their interests. Find good detection methods of a clever attack like this if indeed it happens to them.

3) Never invest more than you can afford to lose
2)Not your keys not your coins.
1) be like JJG just DCA
Red Star Mining
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June 18, 2014, 10:26:05 PM
 #6485

Last week we had a great run.......this week so far....not so much.....come on luck!

They've not just had a bad run of BTC blocks but NMC also?  Have the Eligius attackers changed their tactics and moved here?
bitwitt
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June 18, 2014, 11:51:00 PM
Last edit: June 19, 2014, 12:03:54 AM by bitwitt
 #6486

Multipool
    Why don't you go mine  Bitcoins at  some other pool. Then report back on how many blocks you find. KOI seems to find blocks with the same Thps. Just seems like something is wrong.
 Undecided
Entropy-uc
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June 19, 2014, 12:49:39 AM
 #6487

I am getting concerned about multipool being on this pool in this environment.

As a pass through of other miners, multipool could be 90% block withholders and we would never know.  And they make an ideal cut out.  Who am I to sue if it turn out they are collecting rewards that are rightfully mine?

I am all for bitminter growing, but I don't like the sudden appearance of 20% of the pool from a group that doesn't deliver a block solution for weeks.

Let's have a serious discussion about the merits of allowing pass through accounts.  What is the up side of having them on bitminter?  And how long do we allow them to collect 17% of all rewards while their history has them contributing a statistically unlikely amount themselves?
freeowl
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June 19, 2014, 02:59:45 AM
 #6488

Is the pool down? I cannot connect and the popup shows 0TH/s total and no image for my stuff. Is it just me?
Grayson5
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June 19, 2014, 03:01:26 AM
 #6489

No, I just checked also and showing 0's for everything....

I'm not at home, but I assume my miners are still running.
regular
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June 19, 2014, 03:05:26 AM
 #6490

pool down for me too...I'm on my backup pool atm
Stalker2
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June 19, 2014, 03:08:02 AM
 #6491

miners are not mining...
bitminter.com not responding!
jfederkins
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June 19, 2014, 03:11:47 AM
 #6492

pool down for me too...I'm on my backup pool atm

Yup, it looks like it's down

I can't connect to my backup either  Shocked
freeowl
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June 19, 2014, 03:20:12 AM
 #6493

Too bad I dont have backup pool. This one was the one I was able to connect on 443. So I guess we wait.
btcshiner
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June 19, 2014, 03:29:00 AM
 #6494

No, I just checked also and showing 0's for everything....

I'm not at home, but I assume my miners are still running.

Miners are ringing bells
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June 19, 2014, 03:31:37 AM
 #6495

Here to, miner is beeping and see the pool at 0hash.

anoying sound that beeping.

mark978
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June 19, 2014, 03:41:38 AM
 #6496

If you don't mind the slightly dirty feeling of mining with a BFL associated pool, Eclipsemc.com Bitcoin Mining Pool also allows for 443 mining. That's the only other pool I'm aware of.
steveo
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June 19, 2014, 03:45:29 AM
 #6497

pool is down!! Sad
philipma1957
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June 19, 2014, 03:58:59 AM
 #6498

I am getting concerned about multipool being on this pool in this environment.

As a pass through of other miners, multipool could be 90% block withholders and we would never know.  And they make an ideal cut out.  Who am I to sue if it turn out they are collecting rewards that are rightfully mine?

I am all for bitminter growing, but I don't like the sudden appearance of 20% of the pool from a group that doesn't deliver a block solution for weeks.

Let's have a serious discussion about the merits of allowing pass through accounts.  What is the up side of having them on bitminter?  And how long do we allow them to collect 17% of all rewards while their history has them contributing a statistically unlikely amount themselves?

     While not blaming them  and not saying they are innocent.

  A smaller pool  like bitminter  in the 1200 th size can be damaged pretty heavy by a group of this size 250th.

Here is the rub  we (meaning the doctor ) says they are bad and bans them.  

 They form 25-30     8th to 10 th  accounts  under the radar   of block making since 8th needs months to make a block.

 And bitminter has shit luck for 2 months.  what is the defense for this?

 one a miner can belong to 5 or six pools or 10 pools  since the  'BL'  cannon here may be a 250th canon it can attack just one pool our size  not 4 or 5 pools.

What can bitminter do.  Against  multipool which is a big group it is easy to see  he could ban them.  

 I rather he does not  I rather he builds the solo mining connection  have asked and begged for.  I rather anyone that want to use that connection can use it.  

And here is your kicker anyone in the top 100 miners is auto switched to the solo pool if his luck has gone to  shit.   This works to lessen the power of a BL canon.

3) Never invest more than you can afford to lose
2)Not your keys not your coins.
1) be like JJG just DCA
jfederkins
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June 19, 2014, 04:24:12 AM
 #6499

Any word on what is causing the outage?
HerbPean
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June 19, 2014, 04:27:24 AM
 #6500

Any word on what is causing the outage?


Didn't find any informations about it anywhere. Switched my gears to an other pool for the moment.
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