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Author Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]  (Read 836033 times)
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May 04, 2013, 10:00:51 AM
 #2861

Someone with access to several ASIC's is onboard now, cranking 1.5+THps?  That's insane.  I'll leave my token Nvidia machines on BTC, but the end is near for all GPU BTC mining.  Time for me to switch most everything over to LTC.
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Another 1.5T online, temporarily allocated on bitminter. Will switch to solo later on.

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May 04, 2013, 12:54:10 PM
 #2862

Someone with access to several ASIC's is onboard now, cranking 1.5+THps?  That's insane.  I'll leave my token Nvidia machines on BTC, but the end is near for all GPU BTC mining.  Time for me to switch most everything over to LTC.
ASICMINER
Another 1.5T online, temporarily allocated on bitminter. Will switch to solo later on.

Ah I was wondering why my expected btc per block found went down substantially. This would explain it right?  Weird though, not like we have been finding many blocks lately :-(
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May 04, 2013, 02:25:25 PM
 #2863

Someone with access to several ASIC's is onboard now, cranking 1.5+THps?  That's insane.  I'll leave my token Nvidia machines on BTC, but the end is near for all GPU BTC mining.  Time for me to switch most everything over to LTC.
ASICMINER
Another 1.5T online, temporarily allocated on bitminter. Will switch to solo later on.

Ah I was wondering why my expected btc per block found went down substantially. This would explain it right?  Weird though, not like we have been finding many blocks lately :-(

You get less btc per block and more blocks. btc per shift is unaffected, except that variance is reduced.

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May 04, 2013, 02:57:46 PM
 #2864

'realasicminer' has just found its first block, let's hope this was just bad luck and things go back to normal.

I like BitMinter (that's why I elected it as primary pool), but I must admit that:

  • I had the impression that BitMinter was REALLY unlucky for the past 2 weeks,
  • As one user out of thousands, I'm not willing to pay >1BTC on my expenses to find out why some pool would have a problem (and not getting ROI), I think the pool operator should do it on pool fee's expenses, now that the fees are in place (with all due repect the DrHaribo's work),
  • Switching pools (and losing the NMC) seems to make more sense for an individual, GPU miner. The end is near anyway.
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May 04, 2013, 04:07:07 PM
 #2865

Now with 8+ TH/s we should on avg be finding 16 blocks/day at current difficulty 10076293.

So far today (past 15 hrs) found 4.
Yesterday (during full 24 hr period) found 7.

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May 04, 2013, 04:29:10 PM
 #2866

Wow realasicminer is up to 2.5 th/s. hope the pools luck will improve.

So u r saying that I get less btc per block found but it should be finding more blocks so it evens out. Well we will see cuz frankly luck has stunk here lately.
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May 04, 2013, 04:30:32 PM
 #2867

'realasicminer' has just found its first block, let's hope this was just bad luck and things go back to normal.

I like BitMinter (that's why I elected it as primary pool), but I must admit that:

  • I had the impression that BitMinter was REALLY unlucky for the past 2 weeks,
  • As one user out of thousands, I'm not willing to pay >1BTC on my expenses to find out why some pool would have a problem (and not getting ROI), I think the pool operator should do it on pool fee's expenses, now that the fees are in place (with all due repect the DrHaribo's work),
  • Switching pools (and losing the NMC) seems to make more sense for an individual, GPU miner. The end is near anyway.


See this is what I was wondering. Is it true I should switch to different pool with 300 mhash/sec? Or will we just find more blocks to make up for less per block
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May 04, 2013, 04:39:02 PM
 #2868

What do you think "RealAsicMiner" is running?  The whole Bitminter hash rate jumped almost 3 Thps.
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May 04, 2013, 04:43:10 PM
 #2869

See this is what I was wondering. Is it true I should switch to different pool with 300 mhash/sec? Or will we just find more blocks to make up for less per block

Switching to another PPLNS pool with more or less hashrate should not change anything. If you want security and are willing to pay the fees, you should move to a pure PPS pool. That's why I'm considering, I prefered BitMinter, but I'm curious about the "too unlucky" issue discussed at the moment.
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May 04, 2013, 05:39:30 PM
 #2870

What do you think "RealAsicMiner" is running?  The whole Bitminter hash rate jumped almost 3 Thps.
Here's a good read for ya: https://bitcointalk.org/index.php?topic=99497.0

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May 04, 2013, 05:41:41 PM
 #2871

Well looks like someone got there 1,500 GH/s Bitcoin Miner BitForce Mini Rig SC

Delivered  Cool Cool!

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May 04, 2013, 05:47:19 PM
 #2872

Well looks like someone got there 1,500 GH/s Bitcoin Miner BitForce Mini Rig SC

Delivered  Cool Cool!
https://bitcointalk.org/index.php?topic=27062.msg2027471#msg2027471

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May 04, 2013, 06:30:24 PM
 #2873

Cool, anyway.

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May 04, 2013, 06:32:07 PM
 #2874

And luck is bi-directional.  Except for Bitminter where the payout graph hasn't gone over the expect line for more than a year.

Do you mean we have not had one lucky day for a full year? You know that's not true.

The actual is above the expected for part of the graph when I look at it now: http://bitminter.com/stats/rewards
And it has not been 1 year since this could last be seen.

The rewards graph is only the last 500 shifts. Currently, as I write this, it goes back to shift 14399 which was 2013-04-18 20:38 UTC. That's only 16 days. I'll agree the last 5 days or so were bad, but let's not go overboard.

I'll get some more data to show how the luck has been. In the meantime please give the FUD some rest.

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May 04, 2013, 06:36:43 PM
 #2875

And luck is bi-directional.  Except for Bitminter where the payout graph hasn't gone over the expect line for more than a year.

Do you mean we have not had one lucky day for a full year? You know that's not true.

The actual is above the expected for part of the graph when I look at it now: http://bitminter.com/stats/rewards
And it has not been 1 year since this could last be seen.

The rewards graph is only the last 500 shifts. Currently, as I write this, it goes back to shift 14399 which was 2013-04-18 20:38 UTC. That's only 16 days. I'll agree the last 5 days or so were bad, but let's not go overboard.

I'll get some more data to show how the luck has been. In the meantime please give the FUD some rest.


I said that actual rewards have trended below expected for several months.  That is true.  And it continues to be true.

If everything was kosher, you would expect to see that trend chart having equal areas above, and below the expected reward line.  I have never looked at the chart and seen it ahead at the end of a 500 block period.

It's not FUD to give you fair warning that you are likely being exploited in some fashion.

Graet was robbed for months by miners hopping payout methods and didn't notice until they broke the bank.  You need to be more vigilant.

Edit:  The 500 block shortfall is also remarkably consistent at slightly greater than 10%.  I mined several thousand coins with Bitminter before deciding the pattern was too suspicious to tolerate.  That's the price of a nice car that is missing, and I was only 3% of your pool at my peak.
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May 04, 2013, 06:46:56 PM
 #2876

[...]
The rewards graph is only the last 500 shifts. Currently, as I write this, it goes back to shift 14399 which was 2013-04-18 20:38 UTC. That's only 16 days. [...]
A clearer description of the x-axis would probably be helpful. I.e the actual dates.

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May 05, 2013, 01:33:12 AM
 #2877

DDoS or server screwed up?

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May 05, 2013, 01:35:00 AM
 #2878

And We're Down.....

Thinking about doing business with johnniewalkerhttps://bitcointalk.org/index.php?action=profile;u=72227?
First read this thread https://bitcointalk.org/index.php?topic=131841.0

Also, Join the National Rifle Association to protect 2nd Amendment Rights http://membership.nrahq.org/default.asp?campaignid=XR020022
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May 05, 2013, 01:40:43 AM
 #2879

The shares are still accepted, or am I wrong? (might be the backup server I can't tell from here)
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May 05, 2013, 01:40:54 AM
 #2880

And We're up =)

Thinking about doing business with johnniewalkerhttps://bitcointalk.org/index.php?action=profile;u=72227?
First read this thread https://bitcointalk.org/index.php?topic=131841.0

Also, Join the National Rifle Association to protect 2nd Amendment Rights http://membership.nrahq.org/default.asp?campaignid=XR020022
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