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

[WhitePhantom]

Hi Doc,

Do you have an ETA on when E-Mail notification for offline workers might be implemented?

Thanks,
WP

[DrHaribo]

Hi Doc,

Do you have an ETA on when E-Mail notification for offline workers might be implemented?

Thanks,
WP

Hi,

not yet

If cgminer crashing is the problem then have you looked at cgwatcher? https://bitcointalk.org/index.php?topic=159267.0

[||bit]

How many blocks is Bitminter currently finding each day?

[Newar]

How many blocks is Bitminter currently finding each day?

https://bitminter.com/blocks

[||bit]

How many blocks is Bitminter currently finding each day?

https://bitminter.com/blocks

Thanks. that's what I thought to look at before. Wasn't sure if it was the only way. It may not matter anyway for why I'm probing.

Looking at the account I use: I'm perplexed about why Bitminter is showing the expected (btc) per block at 60% of the value it should be if based on the ratio of GH contributed to the entire pool GH. For example, if you contribute 14 GH, and the pool is at 14 TH, then the ratio is 1/1000. Therefore, you should expect 1/1000th of each new block found in the pool (specifically 1/1000 of 25 btc = .025 btc/block). In the account I use, the expected displayed is 60% of the ratio it seems that it should be. I've always liked Bitminter, and the operator seems like a nice guy each time I've communicated with him. But this seems wrong. So, I'm either missing something, or need to find another pool.

My first guess is that it's a way to discourage pool hopping. However, I've been in the pool for a long time though. The only change has been to contribute more GH today. But should that really matter?

Late entry: Though the expected is creeping up slowly to what it should be. It's now at ~65% of the expected expected.

[westkybitcoins]

How many blocks is Bitminter currently finding each day?

https://bitminter.com/blocks

Thanks. that's what I thought to look at before. Wasn't sure if it was the only way. It may not matter anyway for why I'm probing.

Looking at the account I use: I'm perplexed about why Bitminter is showing the expected (btc) per block at 60% of the value it should be if based on the ratio of GH contributed to the entire pool GH. For example, if you contribute 14 GH, and the pool is at 14 TH, then the ratio is 1/1000. Therefore, you should expect 1/1000th of each new block found in the pool (specifically 1/1000 of 25 btc = .025 btc/block). In the account I use, the expected displayed is 60% of the ratio it seems that it should be. I've always liked Bitminter, and the operator seems like a nice guy each time I've communicated with him. But this seems wrong. So, I'm either missing something, or need to find another pool.

My first guess is that it's a way to discourage pool hopping. However, I've been in the pool for a long time though. The only change has been to contribute more GH today. But should that really matter?

Late entry: Though the expected is creeping up slowly to what it should be. It's now at ~65% of the expected expected.

A quick look at my numbers shows I'm getting what I should be: it correctly calculates my hashrate of about 5.4 GH out of about 14.4 TH, translating to 0.0375% of the pool hashrate, and working out to roughly 0.0094 BTC expected per block.

Stupid question: you haven't had any recent downtime have you? The expected is based on the last ten "shifts" worth of work.

EDIT: Doh! You already answered my question for me. By adding new hashrate, it'll take ten shifts before the older shifts with lower values are removed from the average.

[||bit]

How many blocks is Bitminter currently finding each day?

https://bitminter.com/blocks

Thanks. that's what I thought to look at before. Wasn't sure if it was the only way. It may not matter anyway for why I'm probing.

Looking at the account I use: I'm perplexed about why Bitminter is showing the expected (btc) per block at 60% of the value it should be if based on the ratio of GH contributed to the entire pool GH. For example, if you contribute 14 GH, and the pool is at 14 TH, then the ratio is 1/1000. Therefore, you should expect 1/1000th of each new block found in the pool (specifically 1/1000 of 25 btc = .025 btc/block). In the account I use, the expected displayed is 60% of the ratio it seems that it should be. I've always liked Bitminter, and the operator seems like a nice guy each time I've communicated with him. But this seems wrong. So, I'm either missing something, or need to find another pool.

My first guess is that it's a way to discourage pool hopping. However, I've been in the pool for a long time though. The only change has been to contribute more GH today. But should that really matter?

Late entry: Though the expected is creeping up slowly to what it should be. It's now at ~65% of the expected expected.

A quick look at my numbers shows I'm getting what I should be: it correctly calculates my hashrate of about 5.4 GH out of about 14.4 TH, translating to 0.0375% of the pool hashrate, and working out to roughly 0.0094 BTC expected per block.

Stupid question: you haven't had any recent downtime have you? The expected is based on the last ten "shifts" worth of work.

EDIT: Doh! You already answered my question for me. By adding new hashrate, it'll take ten shifts before the older shifts with lower values are removed from the average.

I see. Do you know what is the reasoning for this fading in recognition of contributed work, instead of just paying for work actually contributed each 'shift'?

[TheQuin]

How many blocks is Bitminter currently finding each day?

https://bitminter.com/blocks

Thanks. that's what I thought to look at before. Wasn't sure if it was the only way. It may not matter anyway for why I'm probing.

Looking at the account I use: I'm perplexed about why Bitminter is showing the expected (btc) per block at 60% of the value it should be if based on the ratio of GH contributed to the entire pool GH. For example, if you contribute 14 GH, and the pool is at 14 TH, then the ratio is 1/1000. Therefore, you should expect 1/1000th of each new block found in the pool (specifically 1/1000 of 25 btc = .025 btc/block). In the account I use, the expected displayed is 60% of the ratio it seems that it should be. I've always liked Bitminter, and the operator seems like a nice guy each time I've communicated with him. But this seems wrong. So, I'm either missing something, or need to find another pool.

My first guess is that it's a way to discourage pool hopping. However, I've been in the pool for a long time though. The only change has been to contribute more GH today. But should that really matter?

Late entry: Though the expected is creeping up slowly to what it should be. It's now at ~65% of the expected expected.

A quick look at my numbers shows I'm getting what I should be: it correctly calculates my hashrate of about 5.4 GH out of about 14.4 TH, translating to 0.0375% of the pool hashrate, and working out to roughly 0.0094 BTC expected per block.

Stupid question: you haven't had any recent downtime have you? The expected is based on the last ten "shifts" worth of work.

EDIT: Doh! You already answered my question for me. By adding new hashrate, it'll take ten shifts before the older shifts with lower values are removed from the average.

I see. Do you know what is the reasoning for this fading in recognition of contributed work, instead of just paying for work actually contributed each 'shift'?

This is on Bitminter home page:

"Reward System

Your work is recorded in shifts. When we create a new block you get a share of the income proportional to how much of the work in the last 10 completed shifts is yours. This reward system is known as PPLNS with shifts."

PPLNS is as you suggested to discourage pool hopping.
https://bitcointalk.org/index.php?topic=39832

[DrHaribo]

I see. Do you know what is the reasoning for this fading in recognition of contributed work, instead of just paying for work actually contributed each 'shift'?

Your expected payout for a block is calculated using your percentage of the work registered in the last 10 completed shifts. As your hashrate changes or the pool hashrate changes there will be some lag because 10 shifts take a while to finish. And after 10 new shifts are over, the hashrates have changed again.

If your hashrate and the pool hashrate did not change much the last day or so then it could be because you had some downtime. Have a look at the shifts page at http://bitminter.com/shifts to see how the 10 last shifts look. You have to be logged in to see your numbers for those shifts, naturally.

[DrHaribo]

We need a few more likes on Facebook to reach 1000: http://facebook.com/bitminter

[philipma1957]

Nice to see cloudhashing here and finding a block too. 

 still missing payments .  I was sent a pm saying my payout would come and it has not.

cloudhashing made a payment to its contract holders myself included.

back to the good doc H's pool. I had 15 more usb sticks come in.  I have 55 sticks hashing at 18.3 gh.   i have 30 more sticks coming in. i will then have 85 sticks about 28.3 gh by next week.

I am also waiting on two orders from bfl 4x jalapeños about 24 gh . there was a time that 50gh was a lot now it is meh !  If I count the hash from cloud hasher I have a little more.

[soundasleep]

Today I've added support to keep track of your BitMinter mining wallet balances, and mining hash rates, to CryptFolio (thread). This helps you keep track of mining pool balances over time, and generates reports (such as your overall USD net worth).

[DrHaribo]

Today I've added support to keep track of your BitMinter mining wallet balances, and mining hash rates, to CryptFolio (thread). This helps you keep track of mining pool balances over time, and generates reports (such as your overall USD net worth).

Thanks! I'll add CryptFolio to the third party app list on the website with the next update

[Jayjay04]

Dr Haribo,

I think you can change the 12 TH to 16Th in the title !
Feels good to see the pool growing again, good job.

[SgtSpike]

Today I've added support to keep track of your BitMinter mining wallet balances, and mining hash rates, to CryptFolio (thread). This helps you keep track of mining pool balances over time, and generates reports (such as your overall USD net worth).

Any worker down notifications?  So far, I haven't been able to find anything that will let me know if my workers are down. 

[DrHaribo]

I think you can change the 12 TH to 16Th in the title !
Feels good to see the pool growing again, good job.

Yeah, nice to see more and more miners are receiving their new ASIC hardware!

Today I've added support to keep track of your BitMinter mining wallet balances, and mining hash rates, to CryptFolio (thread). This helps you keep track of mining pool balances over time, and generates reports (such as your overall USD net worth).

Any worker down notifications?  So far, I haven't been able to find anything that will let me know if my workers are down. 

I think this is only for keeping tabs on your coins. There was a nice looking website for worker down notifications but I think they are pretty much dead. I'll have something on BitMinter, but no ETA yet.

[WhitePhantom]

Yesterday J. Morgan got my rigs running on the hosting PC I sent to them, and it's been running rock stable since then (knock on wood).

However, if it starts giving me any stability issues, I will regretfully need to move to a different pool and either pay higher fees or give up the namecoins until this feature is implemented here.

I'm strongly hoping that things stay stable on my host PC so I can keep mining at this wonderful pool.

[SgtSpike]

I think you can change the 12 TH to 16Th in the title !
Feels good to see the pool growing again, good job.

Yeah, nice to see more and more miners are receiving their new ASIC hardware!

Today I've added support to keep track of your BitMinter mining wallet balances, and mining hash rates, to CryptFolio (thread). This helps you keep track of mining pool balances over time, and generates reports (such as your overall USD net worth).

Any worker down notifications?  So far, I haven't been able to find anything that will let me know if my workers are down. 

I think this is only for keeping tabs on your coins. There was a nice looking website for worker down notifications but I think they are pretty much dead. I'll have something on BitMinter, but no ETA yet.

Thanks Dr.  I have to say, after my miners were down for 10 hrs last night/this morning before I happened to check up on them, I might have to change pools just so I can get some notifications.  :\  Would really appreciate if you could get that feature on BitMinter soon!

[WhitePhantom]

Thanks Dr.  I have to say, after my miners were down for 10 hrs last night/this morning before I happened to check up on them, I might have to change pools just so I can get some notifications.  :\  Would really appreciate if you could get that feature on BitMinter soon!

+1

Getting this setup on a per-worker basis would be a godsend.  An E-Mail sent to me saying that the pool hasn't received any shares in the last 5 minutes from a specific worker would be like having a good friend always watching and ready to say to me, "Hey moron, your stuff stopped working! Fix it!"

[SgtSpike]

Thanks Dr.  I have to say, after my miners were down for 10 hrs last night/this morning before I happened to check up on them, I might have to change pools just so I can get some notifications.  :\  Would really appreciate if you could get that feature on BitMinter soon!

+1

Getting this setup on a per-worker basis would be a godsend.  An E-Mail sent to me saying that the pool hasn't received any shares in the last 5 minutes from a specific worker would be like having a good friend always watching and ready to say to me, "Hey moron, your stuff stopped working! Fix it!"

SMS even better, but certainly email would be a great first step.

Actually, come to think of it, I think you can email your phone number and get a text somehow.  I'll have to read up on that.