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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1560274 times)
wknight
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September 21, 2012, 03:59:35 PM
 #5421

Well I am pretty sure my post is correct.. i know there was a post that 420 made but hasnt been updated in like two diff's.

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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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organofcorti
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September 21, 2012, 11:12:05 PM
 #5422

Well I am pretty sure my post is correct.. i know there was a post that 420 made but hasnt been updated in like two diff's.

I think he meant in the introduction to the DeepBit thread (ie this thread).

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wknight
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September 21, 2012, 11:16:13 PM
 #5423

Well I am pretty sure my post is correct.. i know there was a post that 420 made but hasnt been updated in like two diff's.

I think he meant in the introduction to the DeepBit thread (ie this thread).

Ahhh.. cheers.. Smiley

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September 22, 2012, 01:32:18 AM
 #5424

When it comes to stales, besides cost, why could not deepbit pay us for them? Are there users who have more then 1%?
If deepbit paid for them would it get more users to offset the cost?
Thoughts?

 
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September 22, 2012, 01:49:54 AM
 #5425

When it comes to stales, besides cost, why could not deepbit pay us for them? Are there users who have more then 1%?
If deepbit paid for them would it get more users to offset the cost?
Thoughts?
If every one is getting the same % stales, and since DeepBit is prop, paying for stales will actually make no difference - it will just make people think things are better Smiley
(though you shouldn't tell them that Cheesy)

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September 22, 2012, 02:04:42 AM
 #5426

When it comes to stales, besides cost, why could not deepbit pay us for them? Are there users who have more then 1%?
If deepbit paid for them would it get more users to offset the cost?
Thoughts?

Paying for stales on proportional does nothing, other than reward bad miners more than good miners.

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September 22, 2012, 02:12:12 AM
 #5427

When it comes to stales, besides cost, why could not deepbit pay us for them? Are there users who have more then 1%?
If deepbit paid for them would it get more users to offset the cost?
Thoughts?

Paying for stales on proportional does nothing, other than reward bad miners more than good miners.

Even on proportional the amount of stales affects the amount rewarded per share on average. Not that I'm recommending pools paying for stales - miners will mine at pools with lower stales. Paying for stales means, as you imply, that miners set up properly are helping reward miners set up poorly.

 

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September 22, 2012, 02:16:59 AM
 #5428

When it comes to stales, besides cost, why could not deepbit pay us for them? Are there users who have more then 1%?
If deepbit paid for them would it get more users to offset the cost?
Thoughts?

Paying for stales on proportional does nothing, other than reward bad miners more than good miners.

Even on proportional the amount of stales affects the amount rewarded per share on average. Not that I'm recommending pools paying for stales - miners will mine at pools with lower stales. Paying for stales means, as you imply, that miners set up properly are helping reward miners set up poorly.


Yeah, I worded it poorly.  Paying for stales over proportional does the following:

1) Hurt the earnings of good miners with proper setups (miners with a lower proportion of stale shares than the pool average stale rate).
2) Help the earnings of bad miners with poor setups (miners with a higher proportion of stale shares than the pool average stale rate).

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September 22, 2012, 02:29:32 AM
 #5429

Thanks guys for the answers. I obviously did not think that through very well.

 
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kano
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September 22, 2012, 05:07:21 AM
 #5430

...
1) Hurt the earnings of good miners with proper setups (miners with a lower proportion of stale shares than the pool average stale rate).
2) Help the earnings of bad miners with poor setups (miners with a higher proportion of stale shares than the pool average stale rate).

i.e. the other side of the coin I mentioned first Smiley

The reality is of course that this is a good thing, not a bad thing since:
If you set up your miner properly, you will gain a little more, proportional to your hash rate, for doing that.
If every sets up their miners properly (i.e. a similar reject rate all around) then no one gets more.
Meanwhile, the pool looks better due to the low reject rate - but with prop, the pool is still paying out the same.
... it's a very old idea Smiley

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DeepBit
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September 24, 2012, 06:11:32 AM
 #5431

Can somebody explain the futures on the stats page?
Those are tickers from icbit.se bitcoin trading platform.
What futures are: http://en.wikipedia.org/wiki/Futures_contract
All our futures are cash-settlement type, BTCUSD is based on USD/BTC exchange rate and the number is in USD (at this moment in contango state, as you see), OIL and GOLD were just recently launched - the price is in BTC.

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yellowcoin
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September 25, 2012, 04:22:16 PM
 #5432

is the pool having issues?

website a little wonky and my miners are complaining.
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September 25, 2012, 04:26:16 PM
Last edit: September 25, 2012, 04:36:32 PM by DeepBit
 #5433

I'll check this now.

UPDATE: Possibly there is a DDoS attack in progress. I'll post more details when possible.

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September 25, 2012, 04:56:03 PM
 #5434

is the pool having issues?

website a little wonky and my miners are complaining.

ditto  here.

 
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September 25, 2012, 06:03:57 PM
 #5435

Same here site is working no issues, but miners can't connect??

Hodling since 2011.®
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September 25, 2012, 06:04:08 PM
 #5436

website's not working and pool's not working for me on my end, 100% stale shares
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September 25, 2012, 06:07:10 PM
 #5437

Please take a look at the first post on this page, situation is explained there.
Now it gets better, but really there is nothing we can do against the DDoS.

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September 25, 2012, 07:02:28 PM
 #5438

I can't connect and niether can my miners. :/ I have coins on there..
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September 25, 2012, 07:02:53 PM
 #5439

Please take a look at the first post on this page, situation is explained there.
Now it gets better, but really there is nothing we can do against the DDoS.

Well you did say "possibly".  So there is definitely a DDoS going on now?

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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September 25, 2012, 07:17:15 PM
 #5440

Well you did say "possibly".  So there is definitely a DDoS going on now?
Yes, now it's definitely a DDoS.
Currently about 40% of users are affected.

I can't connect and niether can my miners. :/ I have coins on there..
Don't worry, your coins won't disappear from your balance.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
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