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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1500287 times)
[Tycho]
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March 07, 2011, 01:19:25 AM
 #361

I am having trouble understanding the payment system. I have my automatic payment set to 10 BTC. Wouldn't that make it to where I get my reward when my balance reaches 10 BTC? Currently, my balance is at ~17 BTC. Why hasn't the automatic payment been sent?
As i said some times here, in main post and on main page of site - during beta stage payments are processed daily because of additional checks :)
And one other reason: MANY people set their threshold to 0.01 BTC and tried even smaller numbers, so if i would pay every hour, it will flood the network with lots of low-priority transactions, which is not nice.

Just forced one payment for someone with ~17 BTC.

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[Tycho]
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March 07, 2011, 01:20:57 AM
 #362

Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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March 07, 2011, 01:24:40 AM
 #363

Suppose more options are better. Interested in what this one will be. lol

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March 07, 2011, 01:35:02 AM
 #364

Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.
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March 07, 2011, 01:40:59 AM
 #365

I am having trouble understanding the payment system. I have my automatic payment set to 10 BTC. Wouldn't that make it to where I get my reward when my balance reaches 10 BTC? Currently, my balance is at ~17 BTC. Why hasn't the automatic payment been sent?
As i said some times here, in main post and on main page of site - during beta stage payments are processed daily because of additional checks Smiley
And one other reason: MANY people set their threshold to 0.01 BTC and tried even smaller numbers, so if i would pay every hour, it will flood the network with lots of low-priority transactions, which is not nice.

Just forced one payment for someone with ~17 BTC.

Oops! Sorry for being stupid, I should've read more carefully.

ding·us/ˈdiNGgəs/
Noun: Used to refer to something whose name the speaker cannot remember, is unsure of, or is humorously or euphemistically omitting
Neereus
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March 07, 2011, 01:46:43 AM
 #366

Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.

My guess is that while if you are on the extremes of the speed it is easy enough to figure that out, but for those around the middle, it can be difficult to say which is better.

Donate (even 0.01 BTC) to my Robot Fund:
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BitLex
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March 07, 2011, 02:42:55 AM
 #367

Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.

My guess is that while if you are on the extremes of the speed it is easy enough to figure that out, but for those around the middle, it can be difficult to say which is better.
there is no way, no matter what hashrate you have, to automagically switch to option with the greatest payout,
except maybe if you own a time-machine, but i guess then you would have better stuff todo with it anyway.

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March 07, 2011, 02:53:18 AM
 #368

Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.

My guess is that while if you are on the extremes of the speed it is easy enough to figure that out, but for those around the middle, it can be difficult to say which is better.
there is no way, no matter what hashrate you have, to automagically switch to option with the greatest payout,
except maybe if you own a time-machine, but i guess then you would have better stuff todo with it anyway.


It is (in theory) possible to take an average hashrate (and from extension, average amount of shares of some time) and figure out how much you can expect to make in the long run using the different payouts.

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18jXUmXEz3c8Ji3SqZMwGE6PYY3V7qyQ86
Neereus
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March 07, 2011, 03:03:43 AM
 #369

Would it be possible to get the payouts listed in descending order? (Newest on top)

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BitLex
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March 07, 2011, 03:06:53 AM
 #370

It is (in theory) possible to take an average hashrate (and from extension, average amount of shares of some time) and figure out how much you can expect to make in the long run using the different payouts.
well, in the long run you'll get <7% more from proportional, that's what you can expect.
no need to take your hashrate or any imaginary numbers into account.

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March 07, 2011, 03:13:26 AM
 #371

It is (in theory) possible to take an average hashrate (and from extension, average amount of shares of some time) and figure out how much you can expect to make in the long run using the different payouts.
well, in the long run you'll get <7% more from proportional, that's what you can expect.
no need to take your hashrate or any imaginary numbers into account.


I would say not true for those with lower hashrates, but could be wrong.

Quote
any imaginary numbers into account.

No need to be snide.

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[Tycho]
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March 07, 2011, 03:38:13 AM
 #372

It is (in theory) possible to take an average hashrate (and from extension, average amount of shares of some time) and figure out how much you can expect to make in the long run using the different payouts.
well, in the long run you'll get <7% more from proportional, that's what you can expect.
no need to take your hashrate or any imaginary numbers into account.
I would say not true for those with lower hashrates, but could be wrong.
Should be true for anyone.

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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March 07, 2011, 03:38:42 AM
 #373

Would it be possible to get the payouts listed in descending order? (Newest on top)
It's possible, but what is your reason for that ?

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.
Neereus
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March 07, 2011, 03:41:37 AM
 #374

It is (in theory) possible to take an average hashrate (and from extension, average amount of shares of some time) and figure out how much you can expect to make in the long run using the different payouts.
well, in the long run you'll get <7% more from proportional, that's what you can expect.
no need to take your hashrate or any imaginary numbers into account.
I would say not true for those with lower hashrates, but could be wrong.
Should be true for anyone.


Then I stand corrected.
Was thinking the chance to miss blocks with lower hash rates might make a difference.

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March 07, 2011, 03:43:26 AM
 #375

Would it be possible to get the payouts listed in descending order? (Newest on top)
It's possible, but what is your reason for that ?

Well, it's not a problem right now. But once there is quite a few transfers, it would be nice to just see the latest one sent without having to scroll to the bottom.

Donate (even 0.01 BTC) to my Robot Fund:
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[Tycho]
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March 07, 2011, 03:45:12 AM
 #376

well, in the long run you'll get <7% more from proportional, that's what you can expect.
no need to take your hashrate or any imaginary numbers into account.
I would say not true for those with lower hashrates, but could be wrong.
Should be true for anyone.
Then I stand corrected.
Was thinking the chance to miss blocks with lower hash rates might make a difference.
If you miss each one of two rounds, then you need ~twice more hashrate. Then you will have, possibly, one share in each round, which gives you twice the reward, just proportional to your speed.

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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March 07, 2011, 03:49:58 AM
 #377

well, in the long run you'll get <7% more from proportional, that's what you can expect.
no need to take your hashrate or any imaginary numbers into account.
I would say not true for those with lower hashrates, but could be wrong.
Should be true for anyone.
Then I stand corrected.
Was thinking the chance to miss blocks with lower hash rates might make a difference.
If you miss each one of two rounds, then you need ~twice more hashrate. Then you will have, possibly, one share in each round, which gives you twice the reward, just proportional to your speed.

Makes sense, thanks.

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TurdHurdur
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March 07, 2011, 07:12:49 AM
 #378

I made 0.19246032 in no time at all:
Code:
07.03.2011 00:19:21 0h 00m 252 0.19246032
sc8nt4u
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March 07, 2011, 07:39:41 AM
 #379

I made 0.19246032 in no time at all:
Code:
07.03.2011 00:19:21 0h 00m 252 0.19246032

22 seconds.

06.03.2011 21:19:21   0h 00m   252    1.53968254
06.03.2011 21:18:59   0h 18m   12021    1.44035438
[Tycho]
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March 07, 2011, 08:05:37 AM
 #380

Geezus proportional is profitable again.
It's always the same on average, as i said earlier.

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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