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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1560274 times)
os2sam
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October 27, 2011, 07:47:28 PM
 #4381

Thanks for the info Sam.  I will look for a Catalyst driver for my 4200 if it is supported.  In the meantime I have switched to the Ufasoft miner and I'm now getting 1.2 Mhash/s. After a few minutes, it still hasn't appeared on my deepbit account page, but I'll let it run for awhile and see if it shows up.

Yep, give it some time.  If your using Windoze I would download speedfan and monitor your laptops temperatures.  The Ufasoft miner has CPU Temp throttling mechanism now so the default is to not go over 83 degrees Celsius.  But the other temps should be monitored too, especially on a laptop.

Once you get your feet wet with your current configuration I would look at building a desktop with a GPU or two and use CG Miner which supports multiple pools with failover.
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 27, 2011, 08:30:30 PM
 #4382

I was getting 1.42MHsh/s on a 3.2GHz Pentium 4 which is pretty good for that older CPU.
About how often were you finding a share with that rate?

With speeds that low, you will be seeing a long period between shares.  A GPU miner runs 300-400 MH/s on average, and even they can sometimes take over 1 minute to find a share (though normally its much faster, and sometimes multiple shares in a second or two, the joy of random hashing!).
With my current setup (Ufasoft at 1.2 Mhash/s) I haven't found a share yet in a little over an hour Sad  I think I'll consider adding a GPU to a desktop and use that.

If your using Windoze I would download speedfan and monitor your laptops temperatures.
Thanks for the tip, I'll do that.

Once you get your feet wet with your current configuration I would look at building a desktop with a GPU or two and use CG Miner which supports multiple pools with failover.
Sounds like good advice.  What other pools would you recommend? Also, do you know if there's a GUI that uses CG Miner as a backend?

Thanks again!

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October 27, 2011, 08:47:03 PM
 #4383

I was getting 1.42MHsh/s on a 3.2GHz Pentium 4 which is pretty good for that older CPU.
About how often were you finding a share with that rate?

At 225 mh/s on (1) 5770, I was getting 1 share every 20s on average. 1.42 mh/s is 0.63% of 225, which would result in 1 share every 3169s (52 minutes). With blocks being on average 10minutes each, this isn't in your favor.

Note that I'm not super fancy at math and I could have converted stuff wrong.

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os2sam
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October 27, 2011, 09:03:48 PM
 #4384

I was getting 1.42MHsh/s on a 3.2GHz Pentium 4 which is pretty good for that older CPU.
About how often were you finding a share with that rate?
Thanks again!

I don't really know.  I was CPU mining on my P4's just for giggles to see what the hash rate was.  I was getting more than 1 share per 52 minutes though, but the difficulty was allot lower in May/June when I started.

On my laptop which is a dual core 2.4 GHz Intel Core Duo I was getting 5.6Mhash/s with about 10 shares an hour or so.  Can't remember for sure now.

Anyway I would check into a pool that has a low hash rate and pays PPS, Pay Per Share.  Deepbit is solving a block about every 20 or 25 minutes and if you get one or two shares an hour, you will never see a share in that time frame.
Sam

A: Because it messes up the order in which people normally read text.
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A: Top-posting.
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October 27, 2011, 09:11:55 PM
 #4385

So what you're saying is even if I *do* solve one or two shares an hour, they will be stale/worthless, since the block will already have been solved?  Makes sense.

And just to confirm what you already though, my 4200 series card is not supported from all the research I've been able to do.

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October 27, 2011, 09:16:55 PM
 #4386

Once you get your feet wet with your current configuration I would look at building a desktop with a GPU or two and use CG Miner which supports multiple pools with failover.
Sounds like good advice.  What other pools would you recommend? Also, do you know if there's a GUI that uses CG Miner as a backend?

Thanks again!

I like Deepbit and BTC Guild the best.  I have only used two other pools besides them but not enough to recommend one way or the other.

But while your CPU mining I would search the Pools thread on the forums for a small PPS or SMPPS pool so that you can get some shares in during a round.  Smaller pools have longer rounds and PPS earns you a flat rate which would be best for a low hash rate.

No there is no GUI for CGMiner.  I like the text base interface myself.  It's easy to navigate.  But search the CG Miner thread, some guy said that he could/would code a GUI front end.  Don't know if he was serious or not.

Happy hashing,
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 27, 2011, 09:17:13 PM
 #4387

So what you're saying is even if I *do* solve one or two shares an hour, they will be stale/worthless, since the block will already have been solved?  Makes sense.

And just to confirm what you already though, my 4200 series card is not supported from all the research I've been able to do.

As long as you have long polling, you will not be submitting stales (outside of latency issues where a share is submitted in the time window between an LP sending and you receiving).  Since shares don't have any type of progress, you're not "losing" any mining time when changing work to the new work sent by the longpoll.

However, I will say that there is absolutely no reason anybody should be CPU mining at this time.   Even with free electricity, you will wear out your components faster, especially on a laptop.  You're essentially trading months/years of use of your laptop for pennies.

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October 27, 2011, 09:22:27 PM
 #4388

So what you're saying is even if I *do* solve one or two shares an hour, they will be stale/worthless, since the block will already have been solved?  Makes sense.

And just to confirm what you already though, my 4200 series card is not supported from all the research I've been able to do.

Pretty much, except for really long blocks, hence the reason to use small PPS pool.

Too bad about the 4200, but my 4670 only does 34.5 Mhash/s.  I wouldn't bother with that anymore, but I run that machine 24/7 as a file and print server so I figured why not mine with it.  And I used it for training purposes mainly.  It's AGP and that was the only AGP GPU I could find still.
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 27, 2011, 09:58:58 PM
 #4389

However, I will say that there is absolutely no reason anybody should be CPU mining at this time.   Even with free electricity, you will wear out your components faster, especially on a laptop.  You're essentially trading months/years of use of your laptop for pennies.
Fair observation.  At this point I'm only mining to learn how to do it.  I'll have to get a GPU or three if I decide to get serious about this.

Pretty much, except for really long blocks, hence the reason to use small PPS pool.
Thanks.  I will look for a small pool to play around in.

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October 27, 2011, 10:30:14 PM
 #4390

Thanks for the info Sam.  I will look for a Catalyst driver for my 4200 if it is supported.  In the meantime I have switched to the Ufasoft miner and I'm now getting 1.2 Mhash/s. After a few minutes, it still hasn't appeared on my deepbit account page, but I'll let it run for awhile and see if it shows up.

The Mobility 4200 is not supported.

http://developer.amd.com/sdks/AMDAPPSDK/pages/DriverCompatibility.aspx

CPU mining is very likely to be unproductive.  A 1.2MH/s you will earn on average 1 share per hour or about $0.07 per month.  You likely will consume 10x to 50x as much in power.
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October 27, 2011, 10:30:39 PM
 #4391

However, I will say that there is absolutely no reason anybody should be CPU mining at this time.   Even with free electricity, you will wear out your components faster, especially on a laptop.  You're essentially trading months/years of use of your laptop for pennies.
Fair observation.  At this point I'm only mining to learn how to do it.  I'll have to get a GPU or three if I decide to get serious about this.

Pretty much, except for really long blocks, hence the reason to use small PPS pool.
Thanks.  I will look for a small pool to play around in.

Have fun but don't splash around too much.  I would suggest a PPS pool until you get your AMD GPU's.

I was trying to get you the links to the Hardware Comparison and Mining Rig's but the site seems to be down or gone.  Here are the links in case someone else knows where they are now.

https://en.bitcoin.it/wiki/Mining_hardware_comparison
https://en.bitcoin.it/wiki/Mining_rig

Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 27, 2011, 11:42:53 PM
 #4392

Have fun but don't splash around too much.  I would suggest a PPS pool until you get your AMD GPU's.

I was trying to get you the links to the Hardware Comparison and Mining Rig's but the site seems to be down or gone.  Here are the links in case someone else knows where they are now.

https://en.bitcoin.it/wiki/Mining_hardware_comparison
https://en.bitcoin.it/wiki/Mining_rig

Thanks, I'll try to snag those links out of Google cache.

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October 28, 2011, 08:32:43 AM
 #4393

Hello,

I had to be paid about an hour ago and I see that payment in the log (https://deepbit.net/payments), but I don't see it in my wallet and when I try to see the transaction details (https://blockexplorer.com/tx/3dea894a2f2c5a37c48513db618dabc695c08370f45e228279c2619d9745f592) it says "No such transaction".

Are there any problems with payouts?

Thanks.
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October 28, 2011, 11:34:21 AM
 #4394

Hello,

I had to be paid about an hour ago and I see that payment in the log (https://deepbit.net/payments), but I don't see it in my wallet and when I try to see the transaction details (https://blockexplorer.com/tx/3dea894a2f2c5a37c48513db618dabc695c08370f45e228279c2619d9745f592) it says "No such transaction".

Are there any problems with payouts?

Thanks.
No problem with payouts & the link shows 0.77900625 btc in the transaction & address.

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October 28, 2011, 03:38:54 PM
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I've checked again later and all were ok, thanks.
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October 28, 2011, 06:15:32 PM
Last edit: October 28, 2011, 10:44:16 PM by soptik
 #4396

Hello,

I had to be paid about an hour ago and I see that payment in the log (https://deepbit.net/payments), but I don't see it in my wallet and when I try to see the transaction details (https://blockexplorer.com/tx/3dea894a2f2c5a37c48513db618dabc695c08370f45e228279c2619d9745f592) it says "No such transaction".

Are there any problems with payouts?

Thanks.

I have the same problem - transaction is in payment history, but it still isn't in blockchain (searched after 1 hour). Was the deepbit payout system changed to send transaction not imediately but after some time?

EDIT: Trasaction finally arrived - after some 70 minutes.
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October 28, 2011, 06:36:09 PM
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Any plans to start merged mining?

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October 29, 2011, 03:21:25 AM
 #4398

So what you're saying is even if I *do* solve one or two shares an hour, they will be stale/worthless, since the block will already have been solved?  Makes sense.
Not worthless if your miner supports long polling. But not really profitable.
The average time to generate a share at 435 Khps is 2 hours, 44 minutes, and 33 seconds

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October 29, 2011, 03:25:54 AM
 #4399

I have the same problem - transaction is in payment history, but it still isn't in blockchain (searched after 1 hour). Was the deepbit payout system changed to send transaction not imediately but after some time?
EDIT: Trasaction finally arrived - after some 70 minutes.
Nothing was changed. Sometimes we have a long round and sometimes there are too many transactions to include.
It's normal. You just need to wait until it gets confirmed if you see the transaction in your payments history.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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October 29, 2011, 10:46:41 AM
 #4400

However, I will say that there is absolutely no reason anybody should be CPU mining at this time.   Even with free electricity, you will wear out your components faster, especially on a laptop.  You're essentially trading months/years of use of your laptop for pennies.
Fair observation.  At this point I'm only mining to learn how to do it.  I'll have to get a GPU or three if I decide to get serious about this.

Pretty much, except for really long blocks, hence the reason to use small PPS pool.
Thanks.  I will look for a small pool to play around in.

Have fun but don't splash around too much.  I would suggest a PPS pool until you get your AMD GPU's.

I was trying to get you the links to the Hardware Comparison and Mining Rig's but the site seems to be down or gone.  Here are the links in case someone else knows where they are now.

https://en.bitcoin.it/wiki/Mining_hardware_comparison
https://en.bitcoin.it/wiki/Mining_rig

Sam

I think the wiki is getting DDoSd or something, its crazy slow for me

any case heres a mirror:

http://btcnetwork.com/wiki/index.php?title=BitCoin_Mining_Hardware_CPU/GPU_Comparison

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