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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1453597 times)
[Tycho]
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February 27, 2011, 07:19:33 AM
 #81

Hehe, I was about to ask the exact same question.  Did one share at PayPerShare before switching to Proportional for a few hours.  Would be nice to see an "expected reward" field like with slush's pool to avoid confusion here, but it's not too big a deal.
There is not so many users yet, so first blocks take long time to find. When this 4th block will be found, reward will be added to your balance.

dishwara generated 77 shares, at this moment it's ~0.11% of the block (which is not found yet).

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M4v3R
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February 27, 2011, 07:22:50 AM
 #82

Are CPU miners not supported? It's okay if not. I just don't want to continue messing with this trying to make it work.

I've successfully used GPU miner poclbm with "-d 0" option, it used my CPU. Not very powerful though, I only got around 0.01 BTC for ~8 hours of mining on my Intel C2D 2.0 GHz. So you'd want to use your GPU anyway.
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February 27, 2011, 07:40:21 AM
 #83

What happens if you switch from proportional to per-share in the middle of this block if you've gotten a lot of shares in proportional? Will I still get credit for all of those shares?

I think the difficulty will be going up in the next couple hours (block 110880), so hopefully somebody in this pool solves a block before then.

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[Tycho]
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February 27, 2011, 08:04:35 AM
 #84

What happens if you switch from proportional to per-share in the middle of this block if you've gotten a lot of shares in proportional? Will I still get credit for all of those shares?

I think the difficulty will be going up in the next couple hours (block 110880), so hopefully somebody in this pool solves a block before then.
No shares will be lost, mode switch is seamless and you'll receive both parts of reward.

I hope so, this one block is really hard :)

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
ronaldmaustin
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February 27, 2011, 08:07:07 AM
 #85

Okay, so I'm happy with the total absence of "invalid or stale" responses, and my Mhash rate as reported on your site seems to exactly correlate.  So I'm throwing the other 4 GPS's at it for a total of 8.  You are now at over 8Ghash and I am over 2.5Ghash of that.  You should start hitting blocks under 5 1/2 hours at that rate . . . over 218 bitcoins a day.  But I have a feeling those numbers are going to go up very fast.  Good to be in on the ground floor.  Let's see if we are lucky.

One suggestion, I realize there are alot of requests for new things.  If it ain't broke don't fix it.  On the other hand, go ahead and fix them if it won't lead to down time.

EDIT (You should post your current hash rate in the title to attract clients.)
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February 27, 2011, 08:37:10 AM
 #86

Hi,
I just want to make sure i've understood the difference, please ...
Proportional: Reward is based on finding a block. (I think i'm wrong here)
Pay-per-Share: Reward is based on the number of shares submitted, and the price specified on the homepage per share.

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[Tycho]
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February 27, 2011, 08:40:32 AM
 #87

I just want to make sure i've understood the difference, please ...
Proportional: Reward is based on finding a block. (I think i'm wrong here)
Pay-per-Share: Reward is based on the number of shares submitted, and the price specified on the homepage per share.
Yes, you are right.
Proportional: you get your part of the block when it's found. If you submitted 10000 shares and the block took 20000 to solve, you get half of all the reward.
Pay-per-Share: you get that fixed price for every share instantly, even if block is not found yet.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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ronaldmaustin
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February 27, 2011, 09:08:25 AM
 #88

I just want to make sure i've understood the difference, please ...
Proportional: Reward is based on finding a block. (I think i'm wrong here)
Pay-per-Share: Reward is based on the number of shares submitted, and the price specified on the homepage per share.
Yes, you are right.
Proportional: you get your part of the block when it's found. If you submitted 10000 shares and the block took 20000 to solve, you get half of all the reward.
Pay-per-Share: you get that fixed price for every share instantly, even if block is not found yet.

This does need to be simplified a bit more, e.g.

Proportional: . . .  you get half of all the reward, less three percent, which is commission to the pool operator.
Pay-per-Share: . . . that fixed price is, on average, ten percent less than you would get on a statistical average over the long term.

I think these are fair commissions as they are in line with others.  I mention it here only because if it is not completely clear to everyone, people are going to jump all over you when they finally get a clue and they are going to accuse you of cheating them.  Look at Slush's pool . . . people were asking him pointed questions, as if he were up to no good, at a time he wasn't even charging anything.  Just FYI, the only reason I left Slush's pool is that I was getting a large percentage of invalid/stale responses which may have accounted for a percentage of loss larger than anyone's commission.  That may have been a problem on my end, and not with Slush's pool, but since it has apparently been eliminated, I will stick with your pool for awhile.  My motto:  Put all of your eggs in one basket.  Then watch that basket.
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February 27, 2011, 03:02:18 PM
 #89

Software update in progress, may result in ~2 minutes of downtime, sorry.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
telestrial
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February 27, 2011, 04:21:56 PM
 #90

Are CPU miners not supported? It's okay if not. I just don't want to continue messing with this trying to make it work.
Just tested jgarzik's CPU miner and it worked fine for me.
Try to use -P key and see, what it's trying to parse. Then copy it and send to me by private message, i'll try to resolve.

BTW it's deepbit.net, not www.deepbit.net. But works anyway.



Sent! ..At least I think..my outbox is always empty even after I send a PM. It bugs me. But yeah...I think it should be in your inbox!
[Tycho]
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February 27, 2011, 04:26:51 PM
 #91

Are CPU miners not supported? It's okay if not. I just don't want to continue messing with this trying to make it work.
Just tested jgarzik's CPU miner and it worked fine for me.
Try to use -P key and see, what it's trying to parse. Then copy it and send to me by private message, i'll try to resolve.
BTW it's deepbit.net, not www.deepbit.net. But works anyway.

Sent! ..At least I think..my outbox is always empty even after I send a PM. It bugs me. But yeah...I think it should be in your inbox!
Got it. You are trying to connect to port 80 instead of 8332.
Use http://deepbit.net:8332 as URL

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
telestrial
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February 27, 2011, 04:33:45 PM
 #92

Are CPU miners not supported? It's okay if not. I just don't want to continue messing with this trying to make it work.
Just tested jgarzik's CPU miner and it worked fine for me.
Try to use -P key and see, what it's trying to parse. Then copy it and send to me by private message, i'll try to resolve.
BTW it's deepbit.net, not www.deepbit.net. But works anyway.

Sent! ..At least I think..my outbox is always empty even after I send a PM. It bugs me. But yeah...I think it should be in your inbox!
Got it. You are trying to connect to port 80 instead of 8332.
Use http://deepbit.net:8332 as URL


<3
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February 27, 2011, 06:04:48 PM
 #93

Is there a way to trigger a manual payment? I can't seem to find anything to do that. I've also set the automated payment to be 0.01 just to see if it'd auto-transfer but I don't see any change in my wallet or to the account info on the website.

Are all of these things delayed by an hour?
[Tycho]
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February 27, 2011, 06:11:48 PM
 #94

Is there a way to trigger a manual payment? I can't seem to find anything to do that. I've also set the automated payment to be 0.01 just to see if it'd auto-transfer but I don't see any change in my wallet or to the account info on the website.

Are all of these things delayed by an hour?
Yes, they do. Actually i mentioned that during beta stage all payments are processed daily.
I just forced your payment manually.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
paulofisch
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February 27, 2011, 06:15:26 PM
 #95

The Pay-Per-Share seems to pay on a fairly good schedule too.

Can confirm the per-share rate change seems to work seamlessly as well.

EDIT: woo! new block :-)

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yoshi
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February 27, 2011, 07:54:30 PM
 #96

The Pay-Per-Share seems to pay on a fairly good schedule too.

Can confirm the per-share rate change seems to work seamlessly as well.

EDIT: woo! new block :-)

After that 26 hour slog to hit a block, i was tempted to switch to pay-per-share. I glad I didn't cuz we just hit ANOTHER just now! (< 3 hours). Even with that difficulty increase. I hope we can keep up the winning streaks!
JWU42
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February 28, 2011, 01:06:43 AM
 #97

Got my first block in less than 1 week mining on an OC'd 5770.  At the old difficulty 10 days was average.  At new difficulty (55,589) I am now at 15 days.

Man I wish I got into mining about 4 months ago...

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hazek
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February 28, 2011, 01:17:37 AM
 #98

Might be a silly question but: Is this pool viable for someone with a laptop?

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[Tycho]
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February 28, 2011, 01:22:29 AM
 #99

Might be a silly question but: Is this pool viable for someone with a laptop?
Yes, if you understand that you can't mine any serious amount of BTC by CPU with current difficulty.
But you can try, escpecially with Pay-Per-Share mode.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
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February 28, 2011, 01:51:57 AM
 #100

@[Tycho]

Is the thought of having each worker (client) with their own user/pass?  If so, how to add a new worker?

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