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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1452370 times)
jrmithdobbs
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May 16, 2011, 03:04:32 PM
 #1541

I setup an alias so it would, yes.

Just was able to update, so, good show.

Just wanted to update. We're jumping.

Sorry but security issues this sweeping in a financial operation are not an acceptable risk to us.

I wish you luck but we are not willing to continue. Thanks.
What security issues!?

What the last 4-5 pages are about. Someone changed a bunch of people's payout addresses. Prompting the req for email conf to change it.

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There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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May 16, 2011, 05:17:18 PM
 #1542

I setup an alias so it would, yes.

Just was able to update, so, good show.

Just wanted to update. We're jumping.

Sorry but security issues this sweeping in a financial operation are not an acceptable risk to us.

I wish you luck but we are not willing to continue. Thanks.
What security issues!?

What the last 4-5 pages are about. Someone changed a bunch of people's payout addresses. Prompting the req for email conf to change it.

I wouldnt say a bunch. You're blowing it out of proportions now.
johanatan
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May 16, 2011, 07:19:02 PM
 #1543

Hi,

I am seeing a few of issues with DeepBit currently.  Firstly, although my balance is greater than the minimum required for instant payout and I have not received a payment in 3 days, the instant payout button is disabled.

Also, the reported hash rate from deep is considerably less (27%) than the sum of the hash rates displayed in my console window for my cards.

Thanks!

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winnetou
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May 16, 2011, 08:25:12 PM
 #1544

damn. i have a little farm running, yesterday i had 800mhash, now its only 23-100mhash!!!!!!!! i think theres something wrong!!!!!!!!  Angry
[Tycho]
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May 16, 2011, 09:18:26 PM
 #1545

I have my auto payout set at 10 BTC, however sometimes 15-18 BTC will collect into my deepbit before it actually gets auto-sent off...Why is this?
edit; I set it at 10 and it seems to be depositing around 17.2 instead.
Autopayment is triggered after 24 hours since last payout, so if you earn more during that 24 hours period you will get more than 10

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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May 16, 2011, 09:20:09 PM
 #1546

I am seeing a few of issues with DeepBit currently.  Firstly, although my balance is greater than the minimum required for instant payout and I have not received a payment in 3 days, the instant payout button is disabled.
Also, the reported hash rate from deep is considerably less (27%) than the sum of the hash rates displayed in my console window for my cards.
1) Have you read the text that is printed instead of instant payout button on the site ?
2) Is your bitcoin address set in your deepbit account ?
3) Are you using phoenix miner ?

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.
Veldy
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May 16, 2011, 09:27:21 PM
 #1547

I am seeing a few of issues with DeepBit currently.  Firstly, although my balance is greater than the minimum required for instant payout and I have not received a payment in 3 days, the instant payout button is disabled.
Also, the reported hash rate from deep is considerably less (27%) than the sum of the hash rates displayed in my console window for my cards.
1) Have you read the text that is printed instead of instant payout button on the site ?
2) Is your bitcoin address set in your deepbit account ?
3) Are you using phoenix miner ?

Phoenix 1.47 work just fine with Deepbit and shows stale (rejected) properly unlike 1.45.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
[Tycho]
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May 16, 2011, 09:28:35 PM
 #1548

Just wanted to update. We're jumping.
Sorry but security issues this sweeping in a financial operation are not an acceptable risk to us.
I wish you luck but we are not willing to continue. Thanks.
Sorry, I don't know who are "we" you are talking about and there are no security issues.
Someone stole passwords from 17 pool users (may be by sniffing or using trojan program, those users had same password for workers and the main account) and changed their bitcoin addreses.
I know who are those victims and their loss is refunded by me after they fix the address and change their passwords, so nothing is lost.

Yesterday I reset bitcoin addresses of all the users so they will be sure that it's really correct and set by real owner (because of e-mail confirmation).

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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May 16, 2011, 09:31:28 PM
 #1549

Phoenix 1.47 work just fine with Deepbit and shows stale (rejected) properly unlike 1.45.
Some people reported that Phoenix miner's hashrate display shows bigger hashrate than they really have.
I don't know if it's true or not, so I'm asking about the miner.

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.
Zaft
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May 16, 2011, 09:34:53 PM
 #1550

Hey Tycho, I've got a quick question. I tried searching, but haven't found the answer, so I figured I'd ask here.

I'm using the proportional payout method, but I wanted to know if there's any way to view what my estimated proportion is. I'm currently using three GTX465s, and I'm going to be building a new rig specifically for mining soon, but until that time, I wanted to see what would be more profitable; pay per share or proportional.

Sorry if it's been answered elsewhere.
Veldy
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May 16, 2011, 09:39:20 PM
 #1551

Phoenix 1.47 work just fine with Deepbit and shows stale (rejected) properly unlike 1.45.
Some people reported that Phoenix miner's hashrate display shows bigger hashrate than they really have.
I don't know if it's true or not, so I'm asking about the miner.

It is not.  They are confusing the local hashrate with the hashrate perceived by the server [submitted shares to determine hashrate].  I get the same [with tweaking parameters] using Phoenix as poclbm [with tweaking parameters].  I have since 1.3 when I first tried it.  Only problem I found was it wasn't showing rejected shares in version 1.45, but it is in 1.47.  I tested for a short period this morning against Deepbit and it was fine.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
johanatan
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May 16, 2011, 09:43:49 PM
 #1552

I am seeing a few of issues with DeepBit currently.  Firstly, although my balance is greater than the minimum required for instant payout and I have not received a payment in 3 days, the instant payout button is disabled.
Also, the reported hash rate from deep is considerably less (27%) than the sum of the hash rates displayed in my console window for my cards.
1) Have you read the text that is printed instead of instant payout button on the site ?
Yes, I was referring to the text.  There is no button.

Quote
2) Is your bitcoin address set in your deepbit account ?
Ahh, nope.  That is it.  I saw the 'everyone's address was reset' message but thought that the reset occurred before i joined the pool.

Quote
3) Are you using phoenix miner ?
Nope, poclbm.

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m4rkiz
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May 16, 2011, 10:05:06 PM
 #1553

just realized that block every 13 minutes means 5538 btc per day (with current difficulty) and that is eleven to thirteen hundreds $ daily for [Tycho] depending on price (without even including higher fee from pps)... not a bad business, is it? Cheesy

i just wish that i found about bitcoins few months earlier... just like everyone else is Cheesy
Veldy
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May 16, 2011, 10:09:45 PM
 #1554

just realized that block every 13 minutes means 5538 btc per day (with current difficulty) and that is eleven to thirteen hundreds $ daily for [Tycho] depending on price (without even including higher fee from pps)... not a bad business, is it? Cheesy

i just wish that i found about bitcoins few months earlier... just like everyone else is Cheesy

You forgot to multiple by 0.03 .. so 166BTC * $8.00 (current) = $1329.23  I was about to correct you and see that you already included the 3% Smiley

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ataranlen
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May 16, 2011, 10:11:30 PM
 #1555

I assume a Bold "Shares" Portion on the Statistics page means I solved that block? Otherwise I see no indication that I have ever solved a block.

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Veldy
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May 16, 2011, 10:13:02 PM
 #1556

I assume a Bold "Shares" Portion on the Statistics page means I solved that block? Otherwise I see no indication that I have ever solved a block.

Yes!  If you hit the advanced tab [where you set the payout threshold] you will see how many blocks that you have solved EVER on deepbit.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
ataranlen
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May 16, 2011, 10:16:36 PM
 #1557

"Number of blocks found by you: 1"

Awesome! Thanks for that info!

MineTexas.com Minecraft Server We accept Bitcoin and Dogecoin.
Deepbit on Facebook: http://www.facebook.com/pages/Deepbit/151108048294815
Veldy
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May 16, 2011, 10:21:16 PM
 #1558

"Number of blocks found by you: 1"

Awesome! Thanks for that info!

My pleasure.  I had found two with my "slow" 570GTX (about 133MH/s) and have been running a 6970 since [so, about 5 out of 6 weeks .. I only used the other card for one week] and haven't found a block with any pool since Smiley  Go figure.

I should say that I found both blocks with deepbit.  I was using Slush first, then deepbit, so it wasn't even a week with that "slow" card.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
VastLite
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May 16, 2011, 10:40:05 PM
 #1559

I've somehow found 9, "Number of blocks found by you: 9" which would have equaled 450 BTC when in actuality I've only gained 230 BTC. I know that this is a pool and that we are *pooling* our luck, and that I would have made the 230 BTC regardless of how many blocks I found, it's just interesting to know that my luck is above average. It makes me wonder how I would have fared solo-mining. However, I greatly prefer consistent payouts.

Cheers to all the BTC we've made so far!
Veldy
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May 16, 2011, 11:11:17 PM
 #1560

I've somehow found 9, "Number of blocks found by you: 9" which would have equaled 450 BTC when in actuality I've only gained 230 BTC. I know that this is a pool and that we are *pooling* our luck, and that I would have made the 230 BTC regardless of how many blocks I found, it's just interesting to know that my luck is above average. It makes me wonder how I would have fared solo-mining. However, I greatly prefer consistent payouts.

Cheers to all the BTC we've made so far!

Don't believe in luck; there is no such thing [well, I am a rationalist in that respect].  Simply statistics which are completely random.  Sometimes, one person benefits, even over long periods of time, by beating the odds, but that is how statistics work.  One could call that luck, but that would be putting the supernatural into something what is clearly mathematical in nature. 

If allowed to run for a long enough time [without difficulty changes which affect the statistics ever so slightly due to the "quantum" nature of shares ... you can only submit an entire share, so there is always some work wasted when working on stale shares or dumping the share in progress due to a long polling notification to move on to new work], you would probably find that your payout from the pool would indeed be 3% under what you would have made solo.  Again, that would be over a long period of time.  Even with difficulty included, if you are using reasonable hardware, you will, over a long time, average out to that same ~97% of solo mining.  There are always individuals who escape the odds over long periods of time; especially in a large population, however, the mining population is not really all that large.  Probably in the several thousands if I had to guess [some of those have huge hashing power though and I bet they can report convergence on 97% over time much more quickly].

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
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