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Tiennou74
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October 08, 2013, 04:14:58 PM |
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Everything looks good for me in the table you posted It would be great to be able to see the graphs should I create an account in BTCGuild? Is there a team to join? ----- Here is something interesting I found in one of the forums for selecting the pools. 1) Pareto principle solution split: Wiki: http://en.wikipedia.org/wiki/Pareto_principle20% of pools takes over 80% of whole BTC distribution and taking under consideration the splitting KNC computing power between pools with the same hashrate to have share in 80% of generated bitcoins: - BTC Guild - 50 BTC - Deepbit - Eclipse MC - ASIC Miner - BitMinter - Slush Then we'll have 80% probablity to get share in every block. 2) Normal distribution and standard deviation rule Wiki: http://en.wikipedia.org/wiki/Normal_distributionhttp://en.wikipedia.org/wiki/Six_SigmaWe should have not fixed hashing power, but it should be calculated daily regarding Moving Average and Standard deviation etc We should have a share only in pools which are covered in 0.5 STD Deviation from average distribution to maximize incoming bitcoicoins, taking under consideration probabilty and BTC Value https://docs.google.com/file/d/0B8x7IPjfIwAbUmpkRERSaTE0Z1U/edit?usp=sharingSo to maximize incoming bitcoins we should have share on those 3 pools - Deepbit - EclipseMC - ASIC Miner ===== This is very academic approach and could be little bit different from the real, but it's very good base to start researchers to maximize incoiming coins. |
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thomas_s
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October 08, 2013, 04:24:40 PM |
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Everything looks good for me in the table you posted It would be great to be able to see the graphs should I create an account in BTCGuild? Is there a team to join? ----- Here is something interesting I found in one of the forums for selecting the pools. 1) Pareto principle solution split: Wiki: http://en.wikipedia.org/wiki/Pareto_principle20% of pools takes over 80% of whole BTC distribution and taking under consideration the splitting KNC computing power between pools with the same hashrate to have share in 80% of generated bitcoins: - BTC Guild - 50 BTC - Deepbit - Eclipse MC - ASIC Miner - BitMinter - Slush Then we'll have 80% probablity to get share in every block. 2) Normal distribution and standard deviation rule Wiki: http://en.wikipedia.org/wiki/Normal_distributionhttp://en.wikipedia.org/wiki/Six_SigmaWe should have not fixed hashing power, but it should be calculated daily regarding Moving Average and Standard deviation etc We should have a share only in pools which are covered in 0.5 STD Deviation from average distribution to maximize incoming bitcoicoins, taking under consideration probabilty and BTC Value https://docs.google.com/file/d/0B8x7IPjfIwAbUmpkRERSaTE0Z1U/edit?usp=sharingSo to maximize incoming bitcoins we should have share on those 3 pools - Deepbit - EclipseMC - ASIC Miner ===== This is very academic approach and could be little bit different from the real, but it's very good base to start researchers to maximize incoiming coins. ASIC Miner isn't a pool from what I understand its a company, you can buy shares in it but can't actually mine on their pool |
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Thyatis
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October 08, 2013, 05:48:34 PM |
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Everything looks good for me in the table you posted It would be great to be able to see the graphs should I create an account in BTCGuild? Is there a team to join? ----- Here is something interesting I found in one of the forums for selecting the pools. 1) Pareto principle solution split: Wiki: http://en.wikipedia.org/wiki/Pareto_principle20% of pools takes over 80% of whole BTC distribution and taking under consideration the splitting KNC computing power between pools with the same hashrate to have share in 80% of generated bitcoins: - BTC Guild - 50 BTC - Deepbit - Eclipse MC - ASIC Miner - BitMinter - Slush Then we'll have 80% probablity to get share in every block. 2) Normal distribution and standard deviation rule Wiki: http://en.wikipedia.org/wiki/Normal_distributionhttp://en.wikipedia.org/wiki/Six_SigmaWe should have not fixed hashing power, but it should be calculated daily regarding Moving Average and Standard deviation etc We should have a share only in pools which are covered in 0.5 STD Deviation from average distribution to maximize incoming bitcoicoins, taking under consideration probabilty and BTC Value https://docs.google.com/file/d/0B8x7IPjfIwAbUmpkRERSaTE0Z1U/edit?usp=sharingSo to maximize incoming bitcoins we should have share on those 3 pools - Deepbit - EclipseMC - ASIC Miner ===== This is very academic approach and could be little bit different from the real, but it's very good base to start researchers to maximize incoiming coins. ASIC Miner isn't a pool from what I understand its a company, you can buy shares in it but can't actually mine on their pool So if i am correct, we need to mine on all pools above? If so is there some type of application that will auto switch pools? |
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philipma1957
Legendary
 Offline
Activity: 4298
Merit: 8773
'The right to privacy matters'
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October 08, 2013, 05:49:22 PM |
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Everything looks good for me in the table you posted It would be great to be able to see the graphs should I create an account in BTCGuild? Is there a team to join? ----- Here is something interesting I found in one of the forums for selecting the pools. 1) Pareto principle solution split: Wiki: http://en.wikipedia.org/wiki/Pareto_principle20% of pools takes over 80% of whole BTC distribution and taking under consideration the splitting KNC computing power between pools with the same hashrate to have share in 80% of generated bitcoins: - BTC Guild - 50 BTC - Deepbit - Eclipse MC - ASIC Miner - BitMinter - Slush Then we'll have 80% probablity to get share in every block. 2) Normal distribution and standard deviation rule Wiki: http://en.wikipedia.org/wiki/Normal_distributionhttp://en.wikipedia.org/wiki/Six_SigmaWe should have not fixed hashing power, but it should be calculated daily regarding Moving Average and Standard deviation etc We should have a share only in pools which are covered in 0.5 STD Deviation from average distribution to maximize incoming bitcoicoins, taking under consideration probabilty and BTC Value https://docs.google.com/file/d/0B8x7IPjfIwAbUmpkRERSaTE0Z1U/edit?usp=sharingSo to maximize incoming bitcoins we should have share on those 3 pools - Deepbit - EclipseMC - ASIC Miner ===== This is very academic approach and could be little bit different from the real, but it's very good base to start researchers to maximize incoiming coins. ASIC Miner isn't a pool from what I understand its a company, you can buy shares in it but can't actually mine on their pool That is correct. I have been very loyal to bit minter but the idea of using 2 or 3 or 4 pools does appeal to me. |
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baros008
Member
Offline
Activity: 78
Merit: 10
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October 08, 2013, 06:34:51 PM |
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Wallet ID order # Forum ID shares
17MHb1RGGDrZrmwaw4CZkw4RxJvscPjGZm 0 -Redacted- 5
1NtgJf4znCsA5GJDCbqtowHL2143WyqLkC 26 f… 1
1M7m94KA9m7PP4jnpQT828w6iggPr7rygd 28 j… 1
1g6ie6Poh9tk4XqqQU4d5ciJEEh9Z9rhZ BTC DyslexicZombei 1
14M6Z6jmSRiabnVQVkLdjajDYuePrkVHD4 TxID: f39a.. Thomas_s 1
15J54qEXL6LXrGEQhC4GLydMjSHYZgBnaE TxID: f39a.. bobsag3 1
11zdPjd9tbVoUW84d8xP8r8Rwim9M6g5r 34, 43 A… 11
1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x 36, 37, 38 philipma1957 9
1K1ZjYHvv1NnCCkFK4JyxnrxwoqzmbxDDz 39 z… 1
1J1eydkbAXQEbLLjETQjrqJr4M6JhjF9kM 40,PP-4,PP-10 c… 11
1KFmw2oaqVuFRNeFMVMyEjNDg8kM4bigAG 45 m… 4
1BDMjhYTS1QY7Xh7A1QXHh4ZUwaypesis5 46 b… 15
1Pmpxh7Zf2LRp7HqJoc1LUaRAf6JkJ7Nrp PP-1 b… 10
1MKL371ykcP2ETQyUA2JHvh11YuFkJfaub PP-2 Miramyn 1
18MWmexH8yZGwvKUQCCQGeepC1358KfTtP PP-3 Cantrip 2
1DxMEbKicyAhBJRuHYQ6ViNS38R3zzHFJ2 Transfer f… 3
16f1jyqEG9UyVsho54R2oTyiSaw2iCXpQz TxID: 0557.. u… 1
1AUygSXSm4oeNeZ5G91T7EGaiLc27GejCL TxID: cc12.. T… 2
1NgC3GaT1HRndhwv8s9HgqMiK91RLiPU1C PP-11 u… 7
1Bz85yQKb6CjL9TiZkvjt2jYwp8AQdxWqG PP-12 D… 5
1KnNYh2MAkG4AhYmyXeAnLf9e2veHrXKiW PP-5 T… 8
Total 100 shares
my information is correct. |
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-Redacted-
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October 08, 2013, 06:43:18 PM |
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The problem, of course, is that spreading your hash rate across z number of pools means that you might share in 80% of the blocks that are hit, but you'll only get 1/z the reward from each of the pools because you are only sending 1/z shares to each pool.
And, you end up with the same amount that you would have had if you had mined consistently in one pool - which ends up paying you z times as much reward for each block hit but only finds 1/z of the blocks that are found. I've tested this extensively for many months now, and almost all of the pools pay out almost identical amounts over a long period of time (meaning weeks) - within expected variance.
Think about it - any pool that paid significantly less would lose users as people notice and move to different pools, which results in the pool finding fewer blocks and finding them more infrequently, which means that more users leave, lather, rinse, and repeat until the pool has no miners left, doesn't make enough to cover expenses, and goes away.
EDIT: We've gotten two .25 BTC payouts from BTCGuild so far, one from GB5 and one from GB6, and should have some name coins being paid out shortly... Yay!!!
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philipma1957
Legendary
Offline
Activity: 4298
Merit: 8773
'The right to privacy matters'
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October 08, 2013, 06:59:53 PM |
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Wallet ID order # Forum ID shares
17MHb1RGGDrZrmwaw4CZkw4RxJvscPjGZm 0 -Redacted- 5
1NtgJf4znCsA5GJDCbqtowHL2143WyqLkC 26 f… 1
1M7m94KA9m7PP4jnpQT828w6iggPr7rygd 28 j… 1
1g6ie6Poh9tk4XqqQU4d5ciJEEh9Z9rhZ BTC DyslexicZombei 1
14M6Z6jmSRiabnVQVkLdjajDYuePrkVHD4 TxID: f39a.. Thomas_s 1
15J54qEXL6LXrGEQhC4GLydMjSHYZgBnaE TxID: f39a.. bobsag3 1
11zdPjd9tbVoUW84d8xP8r8Rwim9M6g5r 34, 43 A… 11
1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x 36, 37, 38 philipma1957 9
1K1ZjYHvv1NnCCkFK4JyxnrxwoqzmbxDDz 39 z… 1
1J1eydkbAXQEbLLjETQjrqJr4M6JhjF9kM 40,PP-4,PP-10 c… 11
1KFmw2oaqVuFRNeFMVMyEjNDg8kM4bigAG 45 m… 4
1BDMjhYTS1QY7Xh7A1QXHh4ZUwaypesis5 46 b… 15
1Pmpxh7Zf2LRp7HqJoc1LUaRAf6JkJ7Nrp PP-1 b… 10
1MKL371ykcP2ETQyUA2JHvh11YuFkJfaub PP-2 Miramyn 1
18MWmexH8yZGwvKUQCCQGeepC1358KfTtP PP-3 Cantrip 2
1DxMEbKicyAhBJRuHYQ6ViNS38R3zzHFJ2 Transfer f… 3
16f1jyqEG9UyVsho54R2oTyiSaw2iCXpQz TxID: 0557.. u… 1
1AUygSXSm4oeNeZ5G91T7EGaiLc27GejCL TxID: cc12.. T… 2
1NgC3GaT1HRndhwv8s9HgqMiK91RLiPU1C PP-11 u… 7
1Bz85yQKb6CjL9TiZkvjt2jYwp8AQdxWqG PP-12 D… 5
1KnNYh2MAkG4AhYmyXeAnLf9e2veHrXKiW PP-5 T… 8
Total 100 shares
my information is correct. the info for me appears correct 9 shares and 1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x for an address |
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mootinator
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October 08, 2013, 07:05:21 PM |
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EDIT: We've gotten two .25 BTC payouts from BTCGuild so far, one from GB5 and one from GB6, and should have some name coins being paid out shortly... Yay!!!
Are we converting the NMC to BTC or paying that out separately? (Which sounds a bit like an excessive amount of work.) |
No
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-Redacted-
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October 08, 2013, 07:11:09 PM
Last edit: October 08, 2013, 07:34:59 PM by -Redacted- |
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EDIT: We've gotten two .25 BTC payouts from BTCGuild so far, one from GB5 and one from GB6, and should have some name coins being paid out shortly... Yay!!!
Are we converting the NMC to BTC or paying that out separately? (Which sounds a bit like an excessive amount of work.) I'll convert it over to BTC every once in a while and distribute it with a bi-monthly payout. Might take a while to accumulate enough to make it worth doing... Right now I'm sending all the group buy NMC to my namecoin wallet, which probably already has 50 or 60 namecoins sitting in it, so we get kind of a running jumpstart there when it comes time to cash them out and distribute the proceeds.... EDIT: and we grabbed our first two namecoins from BTC Guild mining. Here's a screen grab from the GB6 account...  -R- |
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drduck
Member
Offline
Activity: 83
Merit: 10
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October 08, 2013, 07:22:14 PM |
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EDIT: We've gotten two .25 BTC payouts from BTCGuild so far, one from GB5 and one from GB6, and should have some name coins being paid out shortly... Yay!!!
Yay! And thank you for your work again! But it all averages out - I find BTCG, 50BTC, Slush, EMC, Eligius, GigaVPS, BitMinter, OzCoin and even HHTT all pay out roughly the same over a long period of time if you mine on them consistently. I've spent many, many months of sending the same amount of hashrate to multiple pools and comparing the payouts over longer periods of time - weeks at a time - including the little bit extra you get for merged mining on some pools, and they're all virtually identical, payout wise, long term.
Ok, you said it all there. So from my part I am fine with BTCGuild. So. We are doing merged mining now? That is great. If its too much of a hassle, maybe someone trusted is willing to help? I would do it... |
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-Redacted-
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October 08, 2013, 07:33:40 PM |
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Yes we're doing merged mining - it is automatic with PPLNS on BTCGuild...
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Miramyn
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October 08, 2013, 07:49:43 PM |
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Thanks -Redacted-, DZ, bobsag, thomas_s and everyone else who put their time, efforts and everything else into getting this off the ground and BTC into our wallets You guys are awesome  |
When I was younger we didn't have behavioural disorders. They called it "being a brat". It was as simple as that!
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unknown.usr
Member
Offline
Activity: 106
Merit: 10
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October 08, 2013, 07:56:26 PM |
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DZ - could you put this up on the OP, please ??
Group Buy 5 payout sheet. Please check your info ESPECIALLY your payout wallet ID. If you haven't given me specific permission to show your Forum ID, just the first letter is shown. This is in a fixed font, so there should not be two addresses that are shorter than the others...
Mine looks correct. Thanks! |
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philipma1957
Legendary
Offline
Activity: 4298
Merit: 8773
'The right to privacy matters'
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October 08, 2013, 08:31:38 PM |
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R5 LOOKS GOOD.. For my payout and order info.
I am having trouble finding link for R6 payouts/order info. Is there a link for that? TIA
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-Redacted-
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October 08, 2013, 08:37:55 PM |
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Not yet, hoping to have that up later tonight. Still working on it.
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clintar
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October 08, 2013, 09:05:31 PM |
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DZ - could you put this up on the OP, please ??
Group Buy 5 payout sheet. Please check your info ESPECIALLY your payout wallet ID. If you haven't given me specific permission to show your Forum ID, just the first letter is shown. This is in a fixed font, so there should not be two addresses that are shorter than the others...
Wallet ID order # Forum ID shares
17MHb1RGGDrZrmwaw4CZkw4RxJvscPjGZm 0 -Redacted- 5
1NtgJf4znCsA5GJDCbqtowHL2143WyqLkC 26 f… 1
1M7m94KA9m7PP4jnpQT828w6iggPr7rygd 28 j… 1
1g6ie6Poh9tk4XqqQU4d5ciJEEh9Z9rhZ BTC DyslexicZombei 1
14M6Z6jmSRiabnVQVkLdjajDYuePrkVHD4 TxID: f39a.. Thomas_s 1
15J54qEXL6LXrGEQhC4GLydMjSHYZgBnaE TxID: f39a.. bobsag3 1
11zdPjd9tbVoUW84d8xP8r8Rwim9M6g5r 34, 43 A… 11
1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x 36, 37, 38 philipma1957 9
1K1ZjYHvv1NnCCkFK4JyxnrxwoqzmbxDDz 39 z… 1
1J1eydkbAXQEbLLjETQjrqJr4M6JhjF9kM 40,PP-4,PP-10 c… 11
1KFmw2oaqVuFRNeFMVMyEjNDg8kM4bigAG 45 m… 4
1BDMjhYTS1QY7Xh7A1QXHh4ZUwaypesis5 46 b… 15
1Pmpxh7Zf2LRp7HqJoc1LUaRAf6JkJ7Nrp PP-1 b… 10
1MKL371ykcP2ETQyUA2JHvh11YuFkJfaub PP-2 Miramyn 1
18MWmexH8yZGwvKUQCCQGeepC1358KfTtP PP-3 Cantrip 2
1DxMEbKicyAhBJRuHYQ6ViNS38R3zzHFJ2 Transfer f… 3
16f1jyqEG9UyVsho54R2oTyiSaw2iCXpQz TxID: 0557.. u… 1
1AUygSXSm4oeNeZ5G91T7EGaiLc27GejCL TxID: cc12.. T… 2
1NgC3GaT1HRndhwv8s9HgqMiK91RLiPU1C PP-11 u… 7
1Bz85yQKb6CjL9TiZkvjt2jYwp8AQdxWqG PP-12 D… 5
1KnNYh2MAkG4AhYmyXeAnLf9e2veHrXKiW PP-5 T… 8
Total 100 shares
Not sure where I wound up in R5 or R6, but messaged thomas_s my txid for 2 shares and and payout address. payout address should be 1P4yWhXx7FKtWiGJYZuX5CNEm126iSFuZg |
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-Redacted-
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October 08, 2013, 09:07:59 PM |
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Short answer: R6...
Haven't been posting much on that thread since it ended up so short - been doing most of the posting here.
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Thyatis
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October 08, 2013, 09:45:14 PM |
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R7 what are the plans i will own some shares in t hat too.
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DyslexicZombei (OP)
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October 08, 2013, 10:27:36 PM
Last edit: October 09, 2013, 03:53:43 AM by DyslexicZombei |
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Checking in by phone. I'll update the OP when I get home.
PM Update: OP updated with latest info from -Redacted-. Mahalo!
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-Redacted-
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October 08, 2013, 10:41:29 PM
Last edit: October 08, 2013, 11:05:00 PM by -Redacted- |
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Jupiter down for some quick maintenance - case fan. I have to get it buttoned back up so I have somewhere for my Bitfuries to be....
We're back hashing - it isn't a problem with the connector or how it has to be forced on, the fan just plain doesn't work - didn't have a meter at hand, so I couldn't tell if there's juice on the connector. I'll leave this to bobsag3 to deal with once it gets down in hosting, I just don't have the room to leave it running with the case off to diagnose - it means I have to shut down several hundred Gh/s worth of bitfuries - and they haven't been hashing since the Jupiter got here...
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