bitcoineater
Newbie
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Activity: 6
Merit: 0
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April 21, 2011, 05:11:39 AM |
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i dont see a spot for showing hashes, so Im not sure. It says it is mining, but no other information. Where would I look?
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MrGaSp
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April 21, 2011, 05:38:18 AM |
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i dont see a spot for showing hashes, so Im not sure. It says it is mining, but no other information. Where would I look?
Summary Page or bottom left of the window.
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new_in_this
Member
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Activity: 82
Merit: 10
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April 21, 2011, 12:39:41 PM |
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I think my career as BTC miner is over (rewards have been really low for few days and i don't see point continuing) It's been fun while it lasted, thank you all
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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April 21, 2011, 12:41:59 PM |
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@Tycho, if I switch from PP to PPS, when does that change take effect?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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MrGaSp
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April 21, 2011, 01:04:45 PM |
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@Tycho, if I switch from PP to PPS, when does that change take effect?
I'm not Tycho, but it should be instant
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[Tycho]
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April 21, 2011, 01:17:35 PM |
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I think my career as BTC miner is over (rewards have been really low for few days and i don't see point continuing) It's been fun while it lasted, thank you all :) It's just some unlucky days. Considering the almost doubled bitcoin price now you are earning even more than last week :) @Tycho, if I switch from PP to PPS, when does that change take effect?
Immediately.
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Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks ! ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures ( NEW!). Third year in bitcoin business.
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new_in_this
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Merit: 10
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April 21, 2011, 02:54:14 PM Last edit: April 21, 2011, 03:42:33 PM by new_in_this |
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Considering the almost doubled bitcoin price now you are earning even more than last week Thanks, didn't think of it that way. My electric bill for last month was ~170$ and i was thinking that there is no way for me to compensate it while having fun on mining BTC. edit: my avarega shares are 12.7% worse atm :/
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bitcoineater
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Activity: 6
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April 21, 2011, 05:08:06 PM |
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i dont see a spot for showing hashes, so Im not sure. It says it is mining, but no other information. Where would I look?
Summary Page or bottom left of the window. Thank you. I have solved the problem, turns out i needed different drivers. I am now producing 70Mhash/s, it is also showing shares I am confused about your payment model though. what is the difference between proportional and pay per share?
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[Tycho]
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April 21, 2011, 05:30:11 PM |
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I am confused about your payment model though. what is the difference between proportional and pay per share?
With PPS your income is guaranted and stable, but 10% lower than average expectation. With Proportional the fee is only 3%, but your reward depends on pool luck and may be ~15% higher or lower than expected.
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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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nster
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April 21, 2011, 05:52:11 PM |
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I am confused about your payment model though. what is the difference between proportional and pay per share?
With PPS your income is guaranted and stable, but 10% lower than average expectation. With Proportional the fee is only 3%, but your reward depends on pool luck and may be ~15% higher or lower than expected. Example: this difficulty, we are -13% so far, add + 3% fee and we are at ~16% lower than expected. Last time, we were about 16~17% better, so total after fee was 13~14% better than expected from solo (if difficulty doesn't change) PPS is -10%, but its constant. In the long run, this optional will net you -7% compared to proportional
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167q1CHgVjzLCwQwQvJ3tRMUCrjfqvSznd Donations are welcome Please be kind if I helped
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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April 21, 2011, 06:03:05 PM |
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I am confused about your payment model though. what is the difference between proportional and pay per share?
With PPS your income is guaranted and stable, but 10% lower than average expectation. With Proportional the fee is only 3%, but your reward depends on pool luck and may be ~15% higher or lower than expected. Am I doing this right? So, to see what I would have earned had I always been on the PPS system I should take my number of shares and multiply that number by ~ 0.00048. For example: So, if I had always been on PPS during the period that I processed 10198 shares I would have earned 4.89BTC. Is that right? Am I missing something?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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[Tycho]
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April 21, 2011, 06:18:52 PM |
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Am I doing this right? So, to see what I would have earned had I always been on the PPS system I should take my number of shares and multiply that number by ~ 0.00048. For example: So, if I had always been on PPS during the period that I processed 10198 shares I would have earned 4.89BTC. Is that right? Am I missing something? Yes, should be 4.96937705974470746 BTC (rounded to 8 digits after dot).
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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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proudhon
Legendary
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Activity: 2198
Merit: 1311
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April 21, 2011, 06:21:49 PM |
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Am I doing this right? So, to see what I would have earned had I always been on the PPS system I should take my number of shares and multiply that number by ~ 0.00048. For example: So, if I had always been on PPS during the period that I processed 10198 shares I would have earned 4.89BTC. Is that right? Am I missing something? Yes, should be 4.96937705974470746 BTC (rounded to 8 digits after dot). Ok, thanks. Just wanted to make sure I was doing that correctly.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Grimzer
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April 21, 2011, 10:03:27 PM |
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Hey Tycho, love the site!
Just have a quick question, is it possible to have the payout based on a set amount of time (eg. payout every 24 hours) instead of having it reach a certain account balance? If not, do you think it would be possible to add it as an option?
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VastLite
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April 21, 2011, 10:24:02 PM |
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I'm not Tycho either, but: If you set your payout threshold to say, 3BTC, and it auto-pays you, it will auto-pay you again in 24 hours if you have 3BTC on deepbit. If not, it will auto-pay you as soon as you reach 3BTC and the 24-hour cycle begins again. This is from my experience, so if anyone can add more info, or if my information needs correcting, feel free.
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[Tycho]
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April 21, 2011, 10:40:43 PM |
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Hey Tycho, love the site! Just have a quick question, is it possible to have the payout based on a set amount of time (eg. payout every 24 hours) instead of having it reach a certain account balance? If not, do you think it would be possible to add it as an option?
Thanks. If you set your threshold to a low value (less than your daily reward), for example - 0.01 BTC, then you will receive autopayment every 24 hours.
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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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Grimzer
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Activity: 3
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April 22, 2011, 02:19:19 AM |
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Hey Tycho, love the site! Just have a quick question, is it possible to have the payout based on a set amount of time (eg. payout every 24 hours) instead of having it reach a certain account balance? If not, do you think it would be possible to add it as an option?
Thanks. If you set your threshold to a low value (less than your daily reward), for example - 0.01 BTC, then you will receive autopayment every 24 hours. Ah thank you, that's perfect.
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new_in_this
Member
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Activity: 82
Merit: 10
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April 22, 2011, 02:49:12 AM |
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Why is my average shares per block percentage getting worse and worse? Does it mean that my GPU is getting "out dated" and i need to buy better
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[Tycho]
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April 22, 2011, 02:54:24 AM |
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Why is my average shares per block percentage getting worse and worse? Does it mean that my GPU is getting "out dated" and i need to buy better :o It's not yours shares per block, it's global pool stat. You don't need to worry about this, it eventually goes up and down.
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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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