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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1597741 times)
DeepBit
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March 03, 2012, 08:04:36 AM
 #4761

I'm trying to figure out if my cards are defective or if something else is wrong on my end.
I have 1.38GH/s and not including variance I should have around 0.93bitcoins/24h.
On deepbit the last 24h has had 31min on average for solved block and I have had 0.71bitcoins/24h.
According my calculations I have 76% vs 100% for no variance for 1.38GH/s.
Is the above normal or is something wrong with my PC?
Your question was already answered on the previous page.
Last two days were very unlucky, just in last 24 hours we had one ~11M shares block and 5 * ~5M shares blocks.
Bad luck happens sometimes, it's expected and shouldn't affect overall monthly rewards.

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DeepBit
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March 03, 2012, 08:13:41 AM
 #4762

1. We already have multisignature support in the protocol and in reality. For example, you can create multisignature transactions with blockchain.info's online wallet.
Current "official" client doesn't supports sending multisignature TXes from the GUI.
I don't know what you're talking about, there is of course a rudimentary multisig support already in the protocol but P2SH will actually make it usable. Currently any multisig transactions are considered non-standard, the benefits of multisig are not really available until P2SH is enabled. What Blockchain.info can do has nothing to do with this and even mentioning it leads me to believe that your understanding of why P2SH is needed might be flawed. Blockchain.info is a 3rd party service, that allows for a different set of features compared to a client that you run on your own.
Current support for multisigs is not "rudimentary", it's fully functional. I know how it works and there are existing multisig TXes in the blockchain. The problem is that "official client" doesn't supports creating ANY multisigs - both plain and P2SH.
P2SH is NOT the same as "multisig support", its just a method that will make many different things easier to use, including multisigs.

I mentioned blockchain.info just as EXAMPLE of working multisigs. You don't need to use this online wallet if your client supports either plain multisigs or P2SH/BIP16.

The benefits of multisigs will not be available right after enabling P2SH just because there are no clients supporting it for normal users. It's just one step towards really deploying it.

P.S.: "next month" is 03.2012

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March 03, 2012, 12:23:40 PM
 #4763

LOL, talk about a streak of bad luck  Shocked
I just saw your last 10 blocks averaged a hair under 4M shares per block.

Anyone want to calculate the odds on that?

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March 03, 2012, 12:29:31 PM
 #4764

I just saw your last 10 blocks averaged a hair under 4M shares per block.
Anyone want to calculate the odds on that?

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March 03, 2012, 12:59:12 PM
 #4765

To be clear, Im not implying its not random. Im just curious how rare it is.

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March 04, 2012, 06:56:27 AM
 #4766

To be clear, Im not implying its not random. Im just curious how rare it is.
You didn't look close enough.
Based on the current hash rate (3950GH/s) for the day of 3-Mar the pool luck was approximately 50% (26 blocks)
I think that has to be some sort of long term bad record of all time for any pool?

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March 04, 2012, 08:47:58 AM
 #4767

To be clear, Im not implying its not random. Im just curious how rare it is.
You didn't look close enough.
Based on the current hash rate (3950GH/s) for the day of 3-Mar the pool luck was approximately 50% (26 blocks)
I think that has to be some sort of long term bad record of all time for any pool?

Why would you think so? Deepbit's been at 50% for a short time before. It's also been at ~200% before, any problems with that?
It won't happen often, obviously, but it can and will.

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March 04, 2012, 08:56:45 AM
Last edit: March 04, 2012, 01:22:08 PM by kano
 #4768

To be clear, Im not implying its not random. Im just curious how rare it is.
You didn't look close enough.
Based on the current hash rate (3950GH/s) for the day of 3-Mar the pool luck was approximately 50% (26 blocks)
I think that has to be some sort of long term bad record of all time for any pool?

Why would you think so? Deepbit's been at 50% for a short time before. It's also been at ~200% before, any problems with that?
It won't happen often, obviously, but it can and will.
Why would I think what?
The only thing I am thinking is that sounds like some sort of bad luck record.
26 blocks with an average of 200% shares (50% luck)
It is indeed rare.

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March 04, 2012, 01:19:15 PM
 #4769

... and just now - ALL 11 blocks from 169599 to 169609 say DeepBit on blockchain.info Smiley
(last block found was 169610 by someone else just a minute ago)

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March 05, 2012, 10:15:25 AM
 #4770

Current support for multisigs is not "rudimentary", it's fully functional. I know how it works and there are existing multisig TXes in the blockchain. The problem is that "official client" doesn't supports creating ANY multisigs - both plain and P2SH.
P2SH is NOT the same as "multisig support", its just a method that will make many different things easier to use, including multisigs.
This is true, but afaik all the devs agree that the way multisig is currently implemented is not a good way. That's why we have BIP 16 (and 17), if multisig was fine just like this then there would be no reason for BIP 16. This is not just Gavin, all the devs agree that P2SH is the way to go.

Quote
I mentioned blockchain.info just as EXAMPLE of working multisigs. You don't need to use this online wallet if your client supports either plain multisigs or P2SH/BIP16.
True, but again, the option of using plain multisigs has basically been shelved by the entire dev team, so P2SH is what we're aiming for. And there is no better implementation in the horizon.

Quote
The benefits of multisigs will not be available right after enabling P2SH just because there are no clients supporting it for normal users. It's just one step towards really deploying it.
I'm aware of this. That's exactly why I would like to see it enabled as soon as possible so the client developers, not just for the official client, can start working on actual use scenarios and GUI features for multisig. There are a lot of other issues to work on regarding Bitcoin protocol as well, for example the scaling issue. It's difficult to completely move on until this is settled.

Quote
P.S.: "next month" is 03.2012
Thanks for making this clear, I appreciate it. By the way I do agree with the way you've handled this whole issue, by deciding that your pool is not the first one to support P2SH. That was smart because your vote has so much weight that it can easily pull others simply by being a large percentage. That's not very democratic.

Also, it seems that P2SH support has increased. It's now at 38% even without Deepbit, which is very impressive in my opinion. Taking Deepbit out of the calculation, it amounts to 55% relative support. With Deepbit the total support would be 70% which is good enough to be totally safe and I'm quite confident that everyone else will upgrade when forced to. Even the miners who don't care for Bitcoin care for their money and mining on a dead end chain would not be smart.

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March 07, 2012, 01:24:37 PM
 #4771

Hey is anyone else not seeing pool luck on the statistics page?
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March 07, 2012, 01:44:07 PM
 #4772

Hey is anyone else not seeing pool luck on the statistics page?
This question is asked EACH time after the difficulty adjustment :)

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March 07, 2012, 02:16:56 PM
 #4773

Sorry didn't see the info any where but I'm still learning. By the way I have about 7gh/s on your pool and I see we had a group of short 2-6min rounds. I don't see any shares for my miners? Bad blocks or something?
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March 07, 2012, 02:26:43 PM
 #4774

By the way I have about 7gh/s on your pool and I see we had a group of short 2-6min rounds. I don't see any shares for my miners? Bad blocks or something?
No, "bad blocks" won't affect your income in our pool.
Check if your timezone is set correctly in the pool settings - may be those blocks were found before you started mining ?

What miner do you use ? Is your balance increasing ?

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March 07, 2012, 02:31:38 PM
 #4775

Hey i'd like to upgrade my Rig's gpu but i need more bTC: ( all donations accepted gonna join your pool today

Just started with bitcoin would love some help :
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Kinds regards,TheLastDovah

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March 07, 2012, 02:38:04 PM
 #4776

The blocks in question are.
169998 2min
169999 3min
170000 6min
170001 less minute

My rigs are running 24/7 and didn't have any power outage. I'm mining with aoclbf and phat kernel. Yes my balance increasing with other round but
the round in question show no shares or increase in balance. I have been mining with you a while and first time I have seen this on my end.
Thanks for your time.

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March 07, 2012, 09:33:13 PM
 #4777

My rigs are running 24/7 and didn't have any power outage. I'm mining with aoclbf and phat kernel. Yes my balance increasing with other round but
the round in question show no shares or increase in balance. I have been mining with you a while and first time I have seen this on my end.
I don't see anything strange about those blocks.
First: are you sure that you were mining in that time ? Is it possible that you had some connection problems of your miners temporarily switched to the backup pool ?

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March 07, 2012, 11:43:41 PM
 #4778

I didn't have a power outage so I guess that would only leave Internet service.It's stable here in the USA but it was only like 11 minutes for all 4 rounds.
I would not of noticed if it went down and back on that quick. Thanks for looking in to it for me.Like I said it's the first time seeing the problem so I'm sure it
was just my Internet or something stupid.I've been running stable with no problems since I started mining so I can't complain. Thanks again and I appreciate
all you effort you put into your pool and forum.
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March 09, 2012, 01:29:29 PM
 #4779

hey all, i've been on deepbit for a few weeks with my 6970 and i'm quite happy with it all, but i do have two questions, first what's the purpose of the teams? Second, there is a persistent difference between my MHash as displayed on my miner (412-414MH) and as displayed on the my account page on deepbit (473MH calculated over 5min) anyone know which is the true figure? I'm guessing the miner is accurate, but I'd love to know for sure.

Oh and before you ask there's only one worker active.

Thanks

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March 09, 2012, 03:06:15 PM
 #4780

hey all, i've been on deepbit for a few weeks with my 6970 and i'm quite happy with it all, but i do have two questions, first what's the purpose of the teams? Second, there is a persistent difference between my MHash as displayed on my miner (412-414MH) and as displayed on the my account page on deepbit (473MH calculated over 5min) anyone know which is the true figure? I'm guessing the miner is accurate, but I'd love to know for sure.

Oh and before you ask there's only one worker active.

Thanks
The MH/s displayed on your account is a calculation based on the rate you submit shares.

You miner MH/s is based on how many MH you do (in the good miner programs)

The relationship between those two number is a pseudo-random number generator.

On average every 2^32 Hashes you should find a share.
However that is the long term average - short term you could easily find +/- 50% (or higher) of that figure.

... and in case you were wondering, it is pointless having your miner report it's real hash rate to the pool since the pool cannot verify it exactly - the pool can only do what it already does (as I said) which is estimate it via "a calculation based on the rate you submit shares"

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Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
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