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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1599523 times)
Nilarium
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May 07, 2011, 06:56:03 AM
Last edit: May 07, 2011, 08:16:05 AM by Nilarium
 #1181

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs
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Xer
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May 07, 2011, 12:38:55 PM
 #1182

Only a 11 GH farm? rofl tycho. thats a 11GH farm without major hardware costs or porwe cost.
im not sure what your paying for the server but i bet sure as hell it isnt 7698.34 USD a month (diff estimate 152k).
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May 07, 2011, 02:30:39 PM
 #1183

Pool rate: 405 Gh/s GRATS

Wish I had that kind of preprocessing power.

Thanks again for all your hard work and dedication [Tycho].

Cheers
JJG
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May 07, 2011, 03:05:30 PM
 #1184

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

For another 2.5 days, at which point difficulty jumps 40% (or more) and the expected value falls to about 8 BTC/day for another 10 days or so.
Veldy
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May 07, 2011, 03:12:31 PM
Last edit: May 07, 2011, 03:28:58 PM by Veldy
 #1185

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

For another 2.5 days, at which point difficulty jumps 40% (or more) and the expected value falls to about 8 BTC/day for another 10 days or so.
Cry  Also, Tycho dropped to 400GH/s ... not doing so hot!  J/K ... looks like about 33% of the entire network hash rate.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
JJG
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May 07, 2011, 03:39:14 PM
 #1186

Only a 11 GH farm? rofl tycho. thats a 11GH farm without major hardware costs or porwe cost.
im not sure what your paying for the server but i bet sure as hell it isnt 7698.34 USD a month (diff estimate 152k).

I'm sure programming, hosting, and maintaining the pool software and front-end doesn't cost Tycho anything in the way of time or money, either.  Wink
zoro
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May 07, 2011, 05:13:59 PM
 #1187

if you are going to accuse a businessman who finds a profitable way of working and you think it is simple and easy, then
why you don't do the same?  Wink

"killer app" of BTC = MasterCoin https://bitcointalk.org/index.php?topic=265488.0Mastercoin(A new protocol layer on top of Bitcoin)
Veldy
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May 07, 2011, 05:19:18 PM
 #1188

if you are going to accuse a businessman who finds a profitable way of working and you think it is simple and easy, then
why you don't do the same?  Wink

I don't think anybody is accusing him of anything [and making money is a good thing and sort of the purpose of bitcoin mining to begin with].  My ONLY worry is the size of the pool relative to the entire bitcoin mining economy.  Also, Tycho has expressed interest in working with other pools to make great things happen if I can paraphrase.  I wish I remember where in this thread he wrote that (that is the problem with one giant thread as opposed to setting up a forum just for this pool [on this same site is fine].

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
Fiyasko
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May 07, 2011, 05:32:04 PM
 #1189

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

For another 2.5 days, at which point difficulty jumps 40% (or more) and the expected value falls to about 8 BTC/day for another 10 days or so.

Incase you didnt notice, I already accounted for the difficulty jump
So you: JJG and You Vladimir, Stop bashing everyone who wants to mine.

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
vuce
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May 07, 2011, 05:55:44 PM
 #1190

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

it would actually be 10 btc/day - 3% for pool fees.
Veldy
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May 07, 2011, 06:02:52 PM
 #1191

Incase you didnt notice, I already accounted for the difficulty jump
So you: JJG and You Vladimir, Stop bashing everyone who wants to mine.

Agreed!  For selfish reasons, I would like to see fewer miners [at least high end miners] Smiley  That won't stop me from encouraging the hobby to people that want to do it.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
Ulysses
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May 07, 2011, 11:15:03 PM
 #1192

it would actually be 10 btc/day - 3% for pool fees.

Actually, it will be less than 3% due to insurance against invalid blocks and long polling.
[Tycho]
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May 07, 2011, 11:41:06 PM
 #1193

Pool rate: 405 Gh/s GRATS
Wish I had that kind of preprocessing power.
Thanks again for all your hard work and dedication [Tycho].
Thanks :)

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
gusti
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May 08, 2011, 12:46:32 AM
 #1194

Is there a limit on workers quantity limit, 20 or so ?
I need more.

If you don't own the private keys, you don't own the coins.
error
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May 08, 2011, 12:53:17 AM
 #1195

Is there a limit on workers quantity limit, 20 or so ?
I need more.

20 GPUs? Time to go solo Tongue

3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
gusti
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May 08, 2011, 12:58:37 AM
 #1196

Is there a limit on workers quantity limit, 20 or so ?
I need more.

20 GPUs? Time to go solo Tongue

For a reason I don´t really understand, I have rigs which discovered 10x more blocks than others with similar power,
in a similar amount of time. So, I like the no-variance style of the pools.

If you don't own the private keys, you don't own the coins.
error
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May 08, 2011, 01:01:49 AM
 #1197

Is there a limit on workers quantity limit, 20 or so ?
I need more.

20 GPUs? Time to go solo Tongue

For a reason I don´t really understand, I have rigs which discovered 10x more blocks than others with similar power,
in a similar amount of time. So, I like the no-variance style of the pools.

Ahh. But you've got enough power to start your own private pool Smiley

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gusti
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May 08, 2011, 01:06:59 AM
 #1198

Is there a limit on workers quantity limit, 20 or so ?
I need more.

20 GPUs? Time to go solo Tongue

For a reason I don´t really understand, I have rigs which discovered 10x more blocks than others with similar power,
in a similar amount of time. So, I like the no-variance style of the pools.

Ahh. But you've got enough power to start your own private pool Smiley

Yes, maybe, but I prefer to stay on what I do better. 
That is adding mining capacity as fast as possible.  Wink 

If you don't own the private keys, you don't own the coins.
slurch
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May 08, 2011, 01:20:30 AM
 #1199

I do have a question for you, Tycho. It seems like Deepbit is going to hit a 50% mark at some point in the extremely near future at the current rate of growth I've been seeing today. You'd mentioned earlier in this thread that you had no plans to exceed that 50% mark...but that may now be happening regardless. My question is whether or not we would be protected (as a pool) from actually executing the >50% attack on the network ourselves by way of some sort of subversion. I'm not horribly tech savvy (as evidenced by my posts around here, I'm sure), but I do see this as a huge potential issue if steps haven't been made to mitigate that sort of risk. I know lots of people around here have brought this up in different ways, but I just wanted to be direct about it.

Other than that one little concern, I've been having a great run in your pool all week. Thanks for having me along. Smiley

Donations accepted at: 1AXKzVc1tTmfC6VkWwBNSzKqThqhwsC5mY
For what, I have no idea...
[Tycho]
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May 08, 2011, 01:47:22 AM
Last edit: May 08, 2011, 01:59:28 AM by [Tycho]
 #1200

You'd mentioned earlier in this thread that you had no plans to exceed that 50% mark...but that may now be happening regardless. My question is whether or not we would be protected (as a pool) from actually executing the >50% attack on the network ourselves by way of some sort of subversion.
Looks like I was wrong about 50%, I thought it was impossible to reach due to pools competition.

I'm open to your proposals on handling such situation (even though I still don't think we can reach it permanently), so we could be more transparent to miners. I'm sure that there IS a solution; the fact of being >50% doesn't means that something bad will happen.

One of the things I can do right now - I'm going to contact slush and get his phone number, so we could notify each other about pool problems.

To mitigate the possible problems deepbit currently runs on servers located in different jurisdictions and we (deepbit admins) reside in other two different jurisdictions, so pool is relatively protected.

Also I want to remind you something from https://en.bitcoin.it/wiki/Attacks#Attacker_has_a_lot_of_computing_power

Quote
The attacker can't:

  • Reverse other people's transactions
  • Prevent transactions from being sent at all (they'll show as 0/unconfirmed)
  • Change the number of coins generated per block
  • Create coins out of thin air
  • Send coins that never belonged to him

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
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