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

[RobertRibbeck]

.00001670349 x 2694047.952955 = 45.000

So that means they are charging 10% for PPS - sounds about right.

Edit: and .0000184377 × 2440642.606916 = 45.000 also ...

Edit2:

Code:

197568	18:10:37 6-Sep-2012 UTC	0x1a063a38 (2694047.952955)
197567	18:10:24 6-Sep-2012 UTC	0x1a06dfbe (2440642.606916)

Care to explain WTF you said

hah. i was expecting that.

as diff goes up.. you get paid less per share. the reverse is also true.

I'm not talking block to block ... I'm looking week to week ... month to month
IF the difficulty changed Why am I still seeing the SAME FOUND SHARES
if difficulty increases my shares would drop ... less shares for the same hash rate
this hasn't happened

[1714012669]

1714012669

[1714012669]

1714012669

[kano]

.00001670349 x 2694047.952955 = 45.000

So that means they are charging 10% for PPS - sounds about right.

Edit: and .0000184377 × 2440642.606916 = 45.000 also ...

Edit2:

Code:

197568	18:10:37 6-Sep-2012 UTC	0x1a063a38 (2694047.952955)
197567	18:10:24 6-Sep-2012 UTC	0x1a06dfbe (2440642.606916)

Care to explain WTF you said

The PPS rate is based on the difficulty.
The difficulty changed at block 197568 to 2694047.952955

What that means is that you have to mine (on average) 2694047.952955 difficulty 1 shares to find a block.
Since a block is made up (on average) of 2694047.952955 difficulty 1 shares and is worth 50 BTC, then each share (without fees) is worth 50/2694047.952955 = 0.000018559 BTC

The number of shares you find does not drop, the value of the shares drops.
You have been mining 1 difficulty shares ... always ... so no change in the average rate you find shares.

To reverse that you multiply the PPS rate times the difficulty to work out how much the pool is paying ...

.00001670349 x 2694047.952955 = 45.000 BTC

Thus the pool is paying 45BTC per block (PPS) = 10% fee

So it all makes sense.

[Shadow383]

.00001670349 x 2694047.952955 = 45.000

So that means they are charging 10% for PPS - sounds about right.

Edit: and .0000184377 × 2440642.606916 = 45.000 also ...

Edit2:

Code:

197568	18:10:37 6-Sep-2012 UTC	0x1a063a38 (2694047.952955)
197567	18:10:24 6-Sep-2012 UTC	0x1a06dfbe (2440642.606916)

Care to explain WTF you said

hah. i was expecting that.

as diff goes up.. you get paid less per share. the reverse is also true.

I'm not talking block to block ... I'm looking week to week ... month to month
IF the difficulty changed Why am I still seeing the SAME FOUND SHARES
if difficulty increases my shares would drop ... less shares for the same hash rate
this hasn't happened

Because you're solving difficulty 1 shares.
At a difficulty of 2694047.952955, it takes an average of 2694047.952955 of those shares to find a block. The amount of processing power required to find those shares doesn't change.

[RobertRibbeck]

.00001670349 x 2694047.952955 = 45.000

So that means they are charging 10% for PPS - sounds about right.

Edit: and .0000184377 × 2440642.606916 = 45.000 also ...

Edit2:

Code:

197568	18:10:37 6-Sep-2012 UTC	0x1a063a38 (2694047.952955)
197567	18:10:24 6-Sep-2012 UTC	0x1a06dfbe (2440642.606916)

Care to explain WTF you said

The PPS rate is based on the difficulty.
The difficulty changed at block 197568 to 2694047.952955

What that means is that you have to mine (on average) 2694047.952955 difficulty 1 shares to find a block.
Since a block is made up (on average) of 2694047.952955 difficulty 1 shares and is worth 50 BTC, then each share (without fees) is worth 50/2694047.952955 = 0.000018559 BTC

The number of shares you find does not drop, the value of the shares drops.
You have been mining 1 difficulty shares ... always ... so no change in the average rate you find shares.

To reverse that you multiply the PPS rate times the difficulty to work out how much the pool is paying ...

.00001670349 x 2694047.952955 = 45.000 BTC

Thus the pool is paying 45BTC per block (PPS) = 10% fee

So it all makes sense.

so what you are saying as difficulty changes the number of share's per found bock is constant ??
It's just the pay per share changes

I thought you found less shares with increased difficulty  NOT they were just worth less

EDIT
  I think I just got it... difficulty increases ... it takes MORE shares to find a block (pays the same coins)
you still mine the same number of shares (a constant for your hardware...same hash rate)
but it's more shares to get the same payout

THANKS to all of you that convoluted the explanations with BS

[[Tycho]]

I thought you found less shares with increased difficulty  NOT they were just worth less

Less blocks are found per MH/s or per given number of diff-1 shares when difficulty is high, but same number of shares per MH/s because difficulty is always 1 for shares.

[RobertRibbeck]

I thought you found less shares with increased difficulty  NOT they were just worth less

Less blocks are found per MH/s or per given number of diff-1 shares when difficulty is high, but same number of shares per MH/s because difficulty is always 1 for shares.

See my edit below

[Shadow383]

I thought you found less shares with increased difficulty  NOT they were just worth less

Less blocks are found per MH/s or per given number of diff-1 shares when difficulty is high, but same number of shares per MH/s because difficulty is always 1 for shares.

See my edit below

Lovely. Was it really necessary to be such a tosser about this? It's a very easy system to understand.

[RobertRibbeck]

I thought you found less shares with increased difficulty  NOT they were just worth less

Less blocks are found per MH/s or per given number of diff-1 shares when difficulty is high, but same number of shares per MH/s because difficulty is always 1 for shares.

See my edit below

Lovely. Was it really necessary to be such a tosser about this? It's a very easy system to understand.

and Just WHAT do we call YOU
comments like this are UNNECESSARY
basing on flames
not everyone understands or can explain to others

you on the other hand have been reported to the mods for you useless comments
regardless of how long you've been here and gotten away with such behavior

Have a nice life

[organofcorti]

THANKS to all of you that convoluted the explanations with BS

I think everyone just assumed that since you have 155 posts and are not posting in the "newbie" DeepBit thread that they could post explanations that required a bit more knowledge than you have. No one was trying to make you look bad.

[RobertRibbeck]

THANKS to all of you that convoluted the explanations with BS

I think everyone just assumed that since you have 155 posts and are not posting in the "newbie" DeepBit thread that they could post explanations that required a bit more knowledge than you have. No one was trying to make you look bad.

ASSUME  ass of u and me

I was just having an Alzheimer's moment and no one was explaining is SIMPLE ENGLISH

[os2sam]

I thought you found less shares with increased difficulty  NOT they were just worth less

Less blocks are found per MH/s or per given number of diff-1 shares when difficulty is high, but same number of shares per MH/s because difficulty is always 1 for shares.

See my edit below

If you plan on being a long term Deepbit miner, mining 24/7, you would probably make more using proportional.  Lower fee, and I believe overall long term luck on Deepbit beats the difficulty.
Sam

[organofcorti]

THANKS to all of you that convoluted the explanations with BS

I think everyone just assumed that since you have 155 posts and are not posting in the "newbie" DeepBit thread that they could post explanations that required a bit more knowledge than you have. No one was trying to make you look bad.

ASSUME  ass of u and me

I was just having an Alzheimer's moment and no one was explaining is SIMPLE ENGLISH

We were assuming you knew what you were talking about about, and you assumed that we could provide an explanation in simple english. We were both destined to disappointment.

[fcmatt]

Tycho owes us for doing this support request... :-)

[os2sam]

Does Deepbit currently support rolltime?
Thanks,
Sam

[[Tycho]]

Does Deepbit currently support rolltime?

Not yet.

[kano]

Does Deepbit currently support rolltime?
Thanks,
Sam

As I've mentioned before, if you look at the cgminer API 'stats' command,
it will tell you roll-n-time support information for each pool in your list that you have done at least one getwork.

[fcmatt]

Is that recent solved block with 22+ million shares a new record?

[[Tycho]]

Is that recent solved block with 22+ million shares a new record?

Depends on the definition of "record".
If you count by shares - then yes, may be. But it would be better to count % of D.

[zvs]

THANKS to all of you that convoluted the explanations with BS

I think everyone just assumed that since you have 155 posts and are not posting in the "newbie" DeepBit thread that they could post explanations that required a bit more knowledge than you have. No one was trying to make you look bad.

but he mines on deepbit

[jermwerty]

Ouch 6+ hour block... that is one way to write-off a quarter of the day!