[DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too

[os2sam]

Just having a simple question, does shares get payed out automatically? I have 45 shares but no btc balance on my account. How do I exchange my shares to BTC?

If your using the Proportional payout method you only get paid when a block is found and then that block gets distributed to all the shares that went into that round.

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[MemphisMonroe]

Just having a simple question, does shares get payed out automatically? I have 45 shares but no btc balance on my account. How do I exchange my shares to BTC?

If your using the Proportional payout method you only get paid when a block is found and then that block gets distributed to all the shares that went into that round.

Cheers, I do however use PPS "You get a fixed amount for every share submitted" Do my shares get submitted at the end of the "block round"?

[os2sam]

Just having a simple question, does shares get payed out automatically? I have 45 shares but no btc balance on my account. How do I exchange my shares to BTC?

If your using the Proportional payout method you only get paid when a block is found and then that block gets distributed to all the shares that went into that round.

Cheers, I do however use PPS "You get a fixed amount for every share submitted" Do my shares get submitted at the end of the "block round"?

No Pay Per Share is a fixed value which is 0.00000001905289022 per share at current difficulty.  So if you have 45 shares I would think you should have a balance of 0.0000008573800599

[MemphisMonroe]

Just having a simple question, does shares get payed out automatically? I have 45 shares but no btc balance on my account. How do I exchange my shares to BTC?

If your using the Proportional payout method you only get paid when a block is found and then that block gets distributed to all the shares that went into that round.

Cheers, I do however use PPS "You get a fixed amount for every share submitted" Do my shares get submitted at the end of the "block round"?

No Pay Per Share is a fixed value which is 0.00000001905289022 per share at current difficulty.  So if you have 45 shares I would think you should have a balance of 0.0000008573800599

Problem is, I have zero balance.

https://i.imgur.com/g6knNIh.jpg

[eleuthria]

I believe on Deepbit's system, if you change a miner to PPS, it remains proportional until the current round is over.  It's been almost 3 years since I did anything on Deepbit, but I'm recalling that little quirk in changing payment methods.

[MemphisMonroe]

I believe on Deepbit's system, if you change a miner to PPS, it remains proportional until the current round is over.  It's been almost 3 years since I did anything on Deepbit, but I'm recalling that little quirk in changing payment methods.

Yeah that explains it. But how long does a round usually lasts? Do you get notified when it's over?

[eleuthria]

I believe on Deepbit's system, if you change a miner to PPS, it remains proportional until the current round is over.  It's been almost 3 years since I did anything on Deepbit, but I'm recalling that little quirk in changing payment methods.

Yeah that explains it. But how long does a round usually lasts? Do you get notified when it's over?

At Deepbit's current size?  Forever is a definite possibility for how long a round can last.  It would currently take Deepbit an average of 4 months to find a block, assuming difficulty doesn't change.  There is mining hardware starting to come out where a single box is faster than the entire Deepbit pool.

[CYPER]

I believe on Deepbit's system, if you change a miner to PPS, it remains proportional until the current round is over.  It's been almost 3 years since I did anything on Deepbit, but I'm recalling that little quirk in changing payment methods.

Yeah that explains it. But how long does a round usually lasts? Do you get notified when it's over?

At Deepbit's current size?  Forever is a definite possibility for how long a round can last.  It would currently take Deepbit an average of 4 months to find a block, assuming difficulty doesn't change.  There is mining hardware starting to come out where a single box is faster than the entire Deepbit pool.

Exactly. I wonder how DeepBit can still be called a functional pool when its hashrate is so low.
I wonder even more why its owner stopped maintaining it and because of that killed it. It's like killing the goose that lays the golden eggs.

[it]

Hello. I have since yesterday following problem:
Trying to make a payment, specify the desired amount and takes the following message umenja Please_wait_for_autopayment! Then again in Biwa tighter amount and throws me on the "My Page" in MDM indicated Please_wait_2_minutes!. Waiting for more than 2 minutes and I want to make a payment and the same happens again. What could be the problem?

[CYPER]

Hello. I have since yesterday following problem:
Trying to make a payment, specify the desired amount and takes the following message umenja Please_wait_for_autopayment! Then again in Biwa tighter amount and throws me on the "My Page" in MDM indicated Please_wait_2_minutes!. Waiting for more than 2 minutes and I want to make a payment and the same happens again. What could be the problem?

Empty hot wallet.

[it]

Hello. I have since yesterday following problem:
Trying to make a payment, specify the desired amount and takes the following message umenja Please_wait_for_autopayment! Then again in Biwa tighter amount and throws me on the "My Page" in MDM indicated Please_wait_2_minutes!. Waiting for more than 2 minutes and I want to make a payment and the same happens again. What could be the problem?

Empty hot wallet.

Do not you understand? At the pool is not enough money to pay?

[CYPER]

Hello. I have since yesterday following problem:
Trying to make a payment, specify the desired amount and takes the following message umenja Please_wait_for_autopayment! Then again in Biwa tighter amount and throws me on the "My Page" in MDM indicated Please_wait_2_minutes!. Waiting for more than 2 minutes and I want to make a payment and the same happens again. What could be the problem?

Empty hot wallet.

Do not you understand? At the pool is not enough money to pay?

Yes. Pool needs to be refilled by owner.

[it]

Hello. I have since yesterday following problem:
Trying to make a payment, specify the desired amount and takes the following message umenja Please_wait_for_autopayment! Then again in Biwa tighter amount and throws me on the "My Page" in MDM indicated Please_wait_2_minutes!. Waiting for more than 2 minutes and I want to make a payment and the same happens again. What could be the problem?

Empty hot wallet.

Do not you understand? At the pool is not enough money to pay?

Yes. Pool needs to be refilled by owner.

And after some time, you can make payments?

[CYPER]

Hello. I have since yesterday following problem:
Trying to make a payment, specify the desired amount and takes the following message umenja Please_wait_for_autopayment! Then again in Biwa tighter amount and throws me on the "My Page" in MDM indicated Please_wait_2_minutes!. Waiting for more than 2 minutes and I want to make a payment and the same happens again. What could be the problem?

Empty hot wallet.

Do not you understand? At the pool is not enough money to pay?

Yes. Pool needs to be refilled by owner.

And after some time, you can make payments?

Usually yes.

[MemphisMonroe]

I believe on Deepbit's system, if you change a miner to PPS, it remains proportional until the current round is over.  It's been almost 3 years since I did anything on Deepbit, but I'm recalling that little quirk in changing payment methods.

Yeah that explains it. But how long does a round usually lasts? Do you get notified when it's over?

At Deepbit's current size?  Forever is a definite possibility for how long a round can last.  It would currently take Deepbit an average of 4 months to find a block, assuming difficulty doesn't change.  There is mining hardware starting to come out where a single box is faster than the entire Deepbit pool.

That made me change to Slush's pool. I really have no idéa what would be best for me at 7.00 MH/s, if someone have advice, feel free ^^.

[eleuthria]

That made me change to Slush's pool. I really have no idéa what would be best for me at 7.00 MH/s, if someone have advice, feel free ^^.

Honestly, as somebody who makes a living running a pool for miners (so its in my best interest to have as many miners as possible):  I would not bother mining at 7 MH/s.  Even as a hobby, because unfortunately, you will *never* earn enough to request a payout at 7 MH/s.

[qnubgsao]

@deepbit (and people considering using deepbit).
My email hosting provider has shutdown (something COMPLETELY OUT OF MY CONTROL), and because of that I cannot get access to my 1.6 BTC.
In 2013-09-05 I emailed because I could not receive rewards, but NOTHING has happened.
I login with my username and password and try do initiate a payout to my wallet (note: the wallet is the SAME wallet I used when I registered the account back in 2011 and it is the SAME wallet I've previously done payout to).
The payout page says I need to check my email for confirmation. But.. of course.. my hosting provider has SHUT DOWN.

It is a simple issue deepbit, just look at the history in my account:
30.03.2011 10:20 141d9jMvk1BXyLnjQ5rF... 0.05

I wonder if my bitcoins are still there or if the funds have been creatively re-appropriated by the deepbit guys...

[RangerK]

Does deepbit report which blocks it has mined?  Or is there an API which provides this information?

I can't seem to figure this out looking at their website: https://deepbit.net/stats

[eleuthria]

Does deepbit report which blocks it has mined?  Or is there an API which provides this information?

I can't seem to figure this out looking at their website: https://deepbit.net/stats

They don't do any kind of coinbase signature like most pools do.  They do report their blocks on the website, but as posted a few pages back, the average time for Deepbit to solve a block is now nearly 5 months.

[RangerK]

Does deepbit report which blocks it has mined?  Or is there an API which provides this information?

I can't seem to figure this out looking at their website: https://deepbit.net/stats

They don't do any kind of coinbase signature like most pools do.  They do report their blocks on the website, but as posted a few pages back, the average time for Deepbit to solve a block is now nearly 5 months.

5 months?  That doesn't seem accurate.

Blockchain.info which uses the imperfect method of IP analysis of relay nodes, reports that today Deepbit is finding 1% of blocks.