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

[BitLex]

i'd like to see, what those calculations are based on

Try it yourself first, then tell me if what i'm saying is incorrect.

what you're saying is probably incorrect

oh, so it will be worth mining for a few bitcents/block, but not worth it for 50bitcoins/block?   

Think about it; in the future when you start to get a block every 3 months, what will motivate you to continue mining?

most current miners are motivated by profit,
as long as there is profit in mining, it doesn't matter, if you need 3 hours, 3 days, 3 weeks, 3 months, or 3 years to generate a block.

Don't earnings become 2/3 every 10 days or so?

Why not?

Why?
if you say earning == BTC per day, then you're right as far as it gets less every 2016 blocks,
but 1 BTC might have more value in 3 months than today,
you seem to know the future price already, i don't.

[os008]

if you say earning == BTC per day, then you're right as far as it gets less every 2016 blocks, but 1 BTC might have more value in 3 months than today, you seem to know the future price already, i don't.

Please, no sarcasm. You're right indeed, I forgot about the supply/demand rule, thanks. Time to re-think it over again, but i kindly disagree with you on the point that if it takes 3 years to generate a block at the same exchange rate, no-one will mine; let's agree to disagree on that.

[BitLex]

i kindly disagree with you on the point that if it takes 3 years to generate a block at the same exchange rate

i never said that

[new_in_this]

I was wondering that does it harm my rewards if i reboot computer (let it cool few hours) and shares in miner starts from beginning?
(i'm not sure how long my computer has been mining in a row)

My GPU and HDD's started to make odd sounds and fan speed is 70% ..

[hazek]

Man we're unlucky atm. Yesterday there was a period when it seemed like we had god mode on and were getting blocks within 30-50min but now even with ~30% increased speed it takes us for hoooooouuuuuurrrrrssss :S

[hazek]

Is something wrong with the pool server or is it me? I keep getting

Listener for "hazek": 04/03/2011 16:31:51, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:31:57, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:03, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:09, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:15, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:21, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:28, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:34, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:40, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:46, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:52, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:32:58, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:04, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:10, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:16, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:22, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:28, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:34, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:40, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:46, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:52, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:33:58, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:04, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:10, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:16, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:22, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:28, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:34, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:40, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:46, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:52, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:34:58, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:04, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:10, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:16, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:22, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:28, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:34, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:40, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:46, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:35:52, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:36:36, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:36:43, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:36:49, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:36:55, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:01, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:07, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:13, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:19, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:25, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:31, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:37, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:43, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:49, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:37:55, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:38:01, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:38:07, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:38:13, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:38:19, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:38:25, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:38:31, Problems communicating with bitcoin RPC
Listener for "hazek": 04/03/2011 16:38:37, Problems communicating with bitcoin RPC

And if I ping you I get periods of Request time outs while if I ping anything else I don't?

[m4rkiz]

I was wondering that does it harm my rewards if i reboot computer (let it cool few hours) and shares in miner starts from beginning?

no, it is like mining solo - you can break any time

[Neereus]

@hazek

Had a couple second hiccup from the looks of it but other then that it's fine.

[JWU42]

The last 20 hours hasn't been kind -- would have been better if doing PPS.  This was not the case yesterday, however.

I can only suggest PPS for CPU mining and even more so OLD CPUs where the potential for not submitting a share on a very short "block found" would leave you missing a reward.

[digimag]

Hum, it also seems to me that we have to trust the pool owner, because he has the possibility to cheat by occasionally submitting a block on his own without rewarding users.

[FooDSt4mP]

Hum, it also seems to me that we have to trust the pool owner, because he has the possibility to cheat by occasionally submitting a block on his own without rewarding users.

Yes.  This has been well established in other threads.  All you can do is monitor your rewards and if you're too far from the average over a long period of time, than perhaps consider switching pools or mining solo.  That said, there are many people doing this for each pool, so if the pool owner did cheat, it would probably be noticed unless they did so very infrequently.

[new_in_this]

@m4rkiz

Thanks for info, i was getting really worried about that weird noise coming from GPU. i thought it's end of road for that 

Shutting down compputer and blowing possible dust away with air duster.

[RustyShackleford]

I was wondering that does it harm my rewards if i reboot computer (let it cool few hours) and shares in miner starts from beginning?
(i'm not sure how long my computer has been mining in a row)

My GPU and HDD's started to make odd sounds and fan speed is 70% ..

@m4rkiz

Thanks for info, i was getting really worried about that weird noise coming from GPU. i thought it's end of road for that 

Shutting down compputer and blowing possible dust away with air duster.

I would recommend against giving your computer a 'cooling cycle'. Heating up and cooling down puts more wear on your hardware than you would get letting it do what it was designed to do. The chips themselves will become useless for modern software long before actually -dying- from use. Sounds like you may need to replace a fan there though or you could burn out the chip (much more common).

Keeping it clean is a good start.

Bitcoin/Miners don't really do much hard drive activity, you may want to replace it if it's old while you can still read the data. I'd back up your wallet.dat to a usb drive NOW.


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[mrballcb]

Hi Tycho, your site is nice, and seems to be reliable.  Great job!  I have a small website change suggestion:  The user/pass login always shows in a box on top of the left pane, even when you're logged in.  I suggest to change it so that when you're logged in (and it shows it on the top right side), don't display the user/pass login boxes.  Instead, display "Welcome $USER" and/or a Logout link, or just nothing at all.  It _works_ properly, I'm not complaining about how well it works in the least :-)  Just that it from a UI perspective, it shouldn't continue to prompt you for login credentials if you've already logged in.

Great product!  Thanks!

[foo]

Problem with the payouts today? Mine has been stuck in limbo for many hours now.

[[Tycho]]

Problem with the payouts today? Mine has been stuck in limbo for many hours now.

At this moment there is NO delayed payments.
Look at your "payments" page and check if you had a payment in last 24 hours and that your balance is over threshold.

If you still think that there is a problem - PM me your login name.

[[Tycho]]

Hi Tycho, your site is nice, and seems to be reliable.  Great job!  I have a small website change suggestion:  The user/pass login always shows in a box on top of the left pane, even when you're logged in.  I suggest to change it so that when you're logged in (and it shows it on the top right side), don't display the user/pass login boxes.  Instead, display "Welcome $USER" and/or a Logout link, or just nothing at all.  It _works_ properly, I'm not complaining about how well it works in the least :-)  Just that it from a UI perspective, it shouldn't continue to prompt you for login credentials if you've already logged in.

Thanks for your suggestion, i'll fix it.

[foo]

Problem with the payouts today? Mine has been stuck in limbo for many hours now.

At this moment there is NO delayed payments.
Look at your "payments" page and check if you had a payment in last 24 hours and that your balance is over threshold.

If you still think that there is a problem - PM me your login name.

PM sent - the payment is listed on the site, but the blockexplorer link says "No such transaction".

EDIT: Got the payment now, thanks!

[[Tycho]]

Problem with the payouts today? Mine has been stuck in limbo for many hours now.

At this moment there is NO delayed payments.
Look at your "payments" page and check if you had a payment in last 24 hours and that your balance is over threshold.
If you still think that there is a problem - PM me your login name.

PM sent - the payment is listed on the site, but the blockexplorer link says "No such transaction".

EDIT: Got the payment now, thanks!

Oh, so you were talking about network's delay, not payout delay :)

[foo]

PM sent - the payment is listed on the site, but the blockexplorer link says "No such transaction".

EDIT: Got the payment now, thanks!

Oh, so you were talking about network's delay, not payout delay

Well, I don't know what the holdup was, but I sent a couple of transactions between my wallets tonight (without paying fees) and they went through immediately, so the network seems to be working without delay.