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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1559797 times)
FLHippy
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September 02, 2012, 12:06:58 PM
 #5361

Hi there,

    I'm not sure there is an answer to this questions. Luck is luck afterall,


No one knows DISHWARA was the first mining business started using only BTC & a business started public but ended private.


WTF does this have to do with mining luck? Smiley

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September 02, 2012, 12:10:46 PM
 #5362

Hi there,

    I'm not sure there is an answer to this questions. Luck is luck afterall,


No one knows DISHWARA was the first mining business started using only BTC & a business started public but ended private.


WTF does this have to do with mining luck? Smiley
Yes, Since i want to start again, luck is changing.
Ones i become stable, luck will be stable.

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September 02, 2012, 12:11:57 PM
 #5363

Hi there,

    I'm not sure there is an answer to this questions. Luck is luck afterall,


No one knows DISHWARA was the first mining business started using only BTC & a business started public but ended private.


WTF does this have to do with mining luck? Smiley
Yes, Since i want to start again, luck is changing.
Ones i become stable, luck will be stable.

It's ok FLHippy. It's just dishwara's way of welcoming you to mining.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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September 02, 2012, 03:18:56 PM
 #5364

    I'm not sure there is an answer to this questions. Luck is luck afterall,

After casting about it turns out there is an answer to this after all. It's Gambler's Fallacy..... http://en.wikipedia.org/wiki/Gambler's_fallacy

there is no reason to assume at any point that a change of luck is warranted based on prior trials (flips), because every outcome observed will always have been as likely as the other outcomes that were not observed for that particular trial

In other words, luck should be ignored if you're not mining PPS.

Sorry to bother...

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September 02, 2012, 03:29:05 PM
 #5365

    I'm not sure there is an answer to this questions. Luck is luck afterall,

After casting about it turns out there is an answer to this after all. It's Gambler's Fallacy..... http://en.wikipedia.org/wiki/Gambler's_fallacy

there is no reason to assume at any point that a change of luck is warranted based on prior trials (flips), because every outcome observed will always have been as likely as the other outcomes that were not observed for that particular trial

In other words, luck should be ignored if you're not mining PPS.

Sorry to bother...


Well, not ignored. The pool's luck record helps you ensure your payment has been correct if you're on prop. And luck can be analysed to make sure a pool is not being dishonest about results (as Bitclockers were at the start of the year when they were a prop pool).

But why should luck not be ignored if you;re mining PPS? As long as you get paid for every share you submit, what does the pool's luck matter?

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September 02, 2012, 03:38:42 PM
 #5366

    I'm not sure there is an answer to this questions. Luck is luck afterall,
luck should be ignored if you're not mining PPS.

Sorry to bother...
But why should luck not be ignored if you;re mining PPS? As long as you get paid for every share you submit, what does the pool's luck matter?

I'm sorry I think I meant luck should be ignored from day to day, morning to evening, if you're mining proportional (not mining pps). in time you'll make more money with the lower fee.

I was answering my own question, why does it seem luck is bad for a longer time than it's good. Because I'm looking at it twice a day which is much too short of a time period. Extra long block solves weigh more heavily than average and less than average solve times can lift it back up in a 24 hour time span.

I think this is clearer?

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September 02, 2012, 03:50:51 PM
 #5367

    I'm not sure there is an answer to this questions. Luck is luck afterall,
luck should be ignored if you're not mining PPS.

Sorry to bother...
But why should luck not be ignored if you;re mining PPS? As long as you get paid for every share you submit, what does the pool's luck matter?

I'm sorry I think I meant luck should be ignored from day to day, morning to evening, if you're mining proportional (not mining pps). in time you'll make more money with the lower fee.

I was answering my own question, why does it seem luck is bad for a longer time than it's good. Because I'm looking at it twice a day which is much too short of a time period. Extra long block solves weigh more heavily than average and less than average solve times can lift it back up in a 24 hour time span.

I think this is clearer?

Sure. I just thought you were saying that you shouldn't ignore luck for PPS, which didn't make sense. Anyway, good luck!

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September 02, 2012, 04:00:35 PM
 #5368

You want something & you get it without any problem, then its called normal.
You want something & you can't get it then, its bad luck.
You want something, you get that & also you get some other thing which you never thought & that some other thing is good for you, then its good luck.

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September 02, 2012, 05:08:30 PM
 #5369

You want something & you get it without any problem, then its called normal.
You want something & you can't get it then, its bad luck.
You want something, you get that & also you get some other thing which you never thought & that some other thing is good for you, then its good luck.


You're not going to start throwing yoghurt are you? Cause what you're describing is what went down in Greece recently Smiley


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September 02, 2012, 11:46:16 PM
 #5370

You want something & you get it without any problem, then its called normal.
You want something & you can't get it then, its bad luck.
You want something, you get that & also you get some other thing which you never thought & that some other thing is good for you, then its good luck.


You're not going to start throwing yoghurt are you? Cause what you're describing is what went down in Greece recently Smiley



LOL! I live in Greece and believe me nothing of importance has happend as per the country's luck! We're on an economic disaster schedule since 2009 and the program is going on smoothly; until the economic sharks (foreign and domestic) acquire what's (they think) theirs.

This is a pool discussion so I will stop here. As per luck; if you check the graphs, you will notice what several guys here said (including Tycho) it's constant. Look Slush/Deepbit/Eclipse (the biggest pools as per hashrate). Their luck is (almost) constant. If you project this to infinity; you might as well have a very smooth line.

Just my 20c...

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September 04, 2012, 03:42:28 AM
 #5371

This block... almost 11K shares and counting.
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September 08, 2012, 12:26:11 PM
 #5372

This block... almost 11K shares and counting.
Don't worry. With current difficulty it's even less than 400% D :)

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September 09, 2012, 08:10:50 PM
 #5373

This block... almost 11K shares and counting.
Don't worry. With current difficulty it's even less than 400% D Smiley

That makes it just as bad Tycho. Wink
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September 09, 2012, 09:42:34 PM
 #5374

Thycho, all this hashing power hitting your pool recently.. A bunch of smaller miners or a few big players?

 
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September 09, 2012, 09:50:26 PM
 #5375

Tycho, all this hashing power hitting your pool recently.. A bunch of smaller miners or a few big players?
Total hashrate reached 4-4.1 TH/s slowly over time and it looks like relatively small miners.

Some peaks up to 4.8 TH/s were possibly caused by someone directing GPUMAX here via special kind of proxy. I'm working on this.

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September 09, 2012, 10:03:37 PM
 #5376

Tycho, all this hashing power hitting your pool recently.. A bunch of smaller miners or a few big players?
Total hashrate reached 4-4.1 TH/s slowly over time and it looks like relatively small miners.

Some peaks up to 4.8 TH/s were possibly caused by someone directing GPUMAX here via special kind of proxy. I'm working on this.
Out of curiosity, why don't you allow GPUMax?
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September 09, 2012, 10:16:34 PM
 #5377

Out of curiosity, why don't you allow GPUMax?
GPUMAX is allowed, but in this exact case someone tried to poolhop with that hashing power. Since GPUmax is (possibly) not allowing random destinations then it may be some other "project".

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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September 09, 2012, 11:35:42 PM
 #5378

Out of curiosity, why don't you allow GPUMax?
GPUMAX is allowed, but in this exact case someone tried to poolhop with that hashing power. Since GPUmax is (possibly) not allowing random destinations then it may be some other "project".
GPUMax is allowing random destinations, but I can't imagine your average hopping proxy would handle a full-bore GPUMax hit.

What would you class as poolhopping in these circumstances? GPUMax purchases have been starting pretty well instantly, so what if, for example, I made a purchase and activated it when Deepbit solved a block? I could have maybe 100,000 shares all clustered towards the start of one particular round. Would that be enough to get the account blocked?
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September 09, 2012, 11:51:39 PM
 #5379

What would you class as poolhopping in these circumstances? GPUMax purchases have been starting pretty well instantly, so what if, for example, I made a purchase and activated it when Deepbit solved a block? I could have maybe 100,000 shares all clustered towards the start of one particular round. Would that be enough to get the account blocked?
No, probability of false positives is extremely low. I don't think that it's possible.

I saw many "good" bursts from GPUmax and it was ok.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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September 10, 2012, 03:17:15 PM
 #5380

It's been over 2 days since deepbit changed his payout
WHY ??

I'm seeing higher hash rate and more found shares than previously
so why

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