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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1601094 times)
platoon
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June 07, 2011, 01:42:37 AM
 #2521

I see the problem now, fixing it. Please wait a bit.

roger that. thanks
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[Tycho]
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June 07, 2011, 01:51:00 AM
 #2522

I see the problem now, fixing it. Please wait a bit.

EDIT: Fixed. Sorry for the delay.

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.
Thormandy
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June 07, 2011, 03:07:44 AM
Last edit: June 07, 2011, 04:05:11 AM by Thormandy
 #2523

Don't know if this is the right thread or not but, when i withdrew my coins, the bitcoin client (just the standard one, not any miner) shows 0.00 balance.
I have saved my bitcoin address on deepbit and double checked my wallet address as well.
Have I missed a step or is there some sort of confirmation that i need to take care of?
It's been 3 hours so far.

EDIT: I think i didn't have all the blocks downloaded, went through finally now i know lol.
dishwara
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June 07, 2011, 03:22:10 AM
 #2524

Quote
Doesn't the size of "Other" on the Bitcoin Watch pie chart bother anybody?  That is  clearly the reason for the spike in blocks per hour.  Somebody brought an IMMENSE amount of hardware online just before the difficulty increase.

Yeah that definitely caught my eye.  Perhaps Vladimir hooked up the massive stack of 6990's he posted pics of in the "Show Your Mining Rig" thread.

Side note; hey Tycho (anyone really) my lowly HD 5670 cranks out a pretty steady 65 Mhashes / sec but today at work I noticed while watching my stats it varying as high 100 and as low as 30.  I guess mebbe this has been asked before, apologies if I'm being repetitive.  If so mebbe someone could simply point me to an FAQ?

I don't know that a 6990 is worth it compared to the price of 5830, 5850 and 5870 models [even if they are now inflated due to obvious bitcoin mining demand].  I would go so far to say that the 6970 is not worth it [yet] except the 58xx series have gone up in price enough that it is close.  I think the 69xx series for mining only make sense if you use it for something besides mining [i.e. gaming or 3D work] or nothing else is available at a reasonable price anyway and you still want a card for mining despite the price.

Who knows; maybe driver updates in the future will change everything for the 69xx series.

Driver update won't help much. Coz in 5870/5970 has each GPU 1600/3200 cores, while 6970/6990 has GPU 1536/3072 cores.
So, always 5870 faster for now.
If AMD realize that AMD was not best in graphics so far, but now became the BEST to MAKE MONEY & release a GPU (HD 7000 series) with more than 1600 cores, 2000 cores at least, not much big difference will come.
ThatCoolCat
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June 07, 2011, 04:39:48 AM
 #2525

Is there any way to tell if Proportional or PPS give better payouts for a certain MH/s?  Or are they more or less even?

I'm getting 105MH/s and I was wondering if there was a major difference between the two.  (Someone told me I should be doing proportional.)
[Tycho]
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June 07, 2011, 04:47:27 AM
 #2526

Is there any way to tell if Proportional or PPS give better payouts for a certain MH/s?  Or are they more or less even?
I'm getting 105MH/s and I was wondering if there was a major difference between the two.  (Someone told me I should be doing proportional.)
PPS is more profitable when pool is unucky and vice versa.
It doesn't depends on your speed or pool's speed - only on pool's luck.

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.
VastLite
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June 07, 2011, 04:52:22 AM
 #2527

Proportional has a nominal fee of 3%

PPS has a nominal fee of 10%

By nominal, I mean if the pool's luck factor is right on, meaning the same as the current difficulty. If you look at the difficulty history, there have been times in the past where the pool took, on average, 11% more time to mint a block. Under those circumstances, the miners who are using PPS are coming out ahead. More often than not, however, deepbit does a little better than average, so PPS would be doing a little worse. The rule of thumb generally is that if you are going to be mining 24/7, proportional is the wiser choice. If you are going to be mining on and off, or gaming while mining, you may never get a share in during a round, or perhaps only get a couple of shares; this is where it is wiser to use PPS.

Just to sum it up; with PPS, no matter how well or how poorly the pool is doing, you get a fixed rate, but come out at about 10% less than you would solo-mining. With proportional, things should equate to about 3% lower than if you were solo-mining.

At your 105MH/s, the difficulty would probably change many times before even finding a block on your own, so that is where joining a pool is beneficial; you get stable micro-payouts.
Imagex
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June 07, 2011, 05:14:28 AM
 #2528

Two hours no update or payout? Somethings wrong.
Veldy
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June 07, 2011, 05:36:28 AM
 #2529

Is there any way to tell if Proportional or PPS give better payouts for a certain MH/s?  Or are they more or less even?
I'm getting 105MH/s and I was wondering if there was a major difference between the two.  (Someone told me I should be doing proportional.)
PPS is more profitable when pool is unucky and vice versa.
It doesn't depends on your speed or pool's speed - only on pool's luck.

With difficulty as high as it is, CPU miners may be affected by their slow speed and thus be better off with PPS regardless of the circumstances of "luck".

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
ancow
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June 07, 2011, 05:43:54 AM
 #2530

I think size of the payout can have an effect to [if you paid out 0.01BTC, it would get thrown at the end of the queue for signing into a block ... although I think you should still see it with 0 confirmations in your client].
IME the pool then stuffs it into a single transaction with a larger payout, so it still gets processed rather fast.

BTC: 1GAHTMdBN4Yw3PU66sAmUBKSXy2qaq2SF4
[Tycho]
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June 07, 2011, 05:45:39 AM
 #2531

I'm checking the balance updates now.
If there is some problem, i'll find it.

UPD: No, no bugs here, just a very long round.

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.
Axia
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June 07, 2011, 06:29:35 AM
 #2532

I just registered an account and I have no workers. I did confirm my email but when I go to add a worker, it gives me Access denied. Is there a bug in the registration or worker creation system?
[Tycho]
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June 07, 2011, 06:34:36 AM
 #2533

I just registered an account and I have no workers. I did confirm my email but when I go to add a worker, it gives me Access denied. Is there a bug in the registration or worker creation system?
Try again please.

More fixing was needed...

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.
Axia
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June 07, 2011, 06:43:12 AM
 #2534

Worked, thanks!
M4v3R
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June 07, 2011, 06:46:57 AM
 #2535

Hi Tycho, any news on failure detection? I would LOVE that feature, it works on BTC Guild and BTC Mine great, so I figure it's piece of cake for you Smiley.
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June 07, 2011, 06:52:32 AM
 #2536

Hi Tycho, any news on failure detection? I would LOVE that feature, it works on BTC Guild and BTC Mine great, so I figure it's piece of cake for you :).
I'm working on this, will post more info later.
I know that it's long awaited and very important, but I just need to fix some things before.

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.
Lelouch
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June 07, 2011, 07:27:18 AM
 #2537

How can I check if I have set Proportional or PPS? How can I change it? Thanks.
phro
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June 07, 2011, 07:29:36 AM
 #2538

Hey all, I'm trying to go from the enthusiastic amateur who downloaded the client and got bored with it last December (ugh!) to pro miner as quickly as I can.  To that end, noticing that deepbit.net is sadly lacking in an FAQ and that the same questions were coming up over and over in this thread I have just finished slogging through all 129 pages to assemble the useful bits into one place.  I have learned quite a bit, and have slapped it together quickly into a public google doc, editable by all.

https://docs.google.com/document/d/1csdMWjPCshODXu3EUMWCmNs4yN-kd_vTemy396grrI0/edit?hl=en_US&authkey=CMnku6IO

At least I think it is, if I screwed up the permissions let me know.

Anyway, I hope this is useful and that people add to it, change it up, correct any mistakes I've made, and generally keeps the awesome flowing.  In cases where Tycho replied to a question directly, I have used his answers.  For other stuff I went with who seemed right and got thanked for helping.  I've also tried a bit to un-mangle broken English where it came up.  All mistakes are either mine for mistyping or for believing the wrong answer.

Also, about halfway through it occurred to me that it would be nice to see some recognition for the names I was starting to recognize as being particularly helpful but I was way too far in to go back, apologies to you folks, you know who you are.

Obligatory tip cup (the phro needs a rig fund!): 15PF53TGLicZ99dyBaa2CqM15i1eqQ3rYs

Cheers Smiley
[Tycho]
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June 07, 2011, 07:58:12 AM
 #2539

How can I check if I have set Proportional or PPS? How can I change it? Thanks.
It's in the right column of your workers table.

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.
DiabloD3
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June 07, 2011, 08:13:41 AM
 #2540

129 pages.

Just sayin.

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