eleuthria
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Activity: 1750
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April 27, 2011, 05:57:35 PM |
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WOOO WE HIT THE 200Ghash MARK! WOOO
Yep and since that happened .. 27.04.2011 15:09:58 2h 01m 343371 27.04.2011 13:08:43 1h 14m 210267 27.04.2011 11:54:21 1h 51m 309034 27.04.2011 10:03:08 1h 15m I'm going PPS It's all my fault. I finished building a status page I could load on my iPhone which shows me how long my machines have been running, pulls the latest market depth to get an accurate $ value for the work, an estimate of the electricity cost per machine, and then computes average profit per computer/daily profit. Put the system online last night and reset my stats on Deepbit. Since then the pool's luck has dived. I'm sorry, I swear my intentions were pure!
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RIP BTC Guild, April 2011 - June 2015
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TheShoura
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Activity: 98
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Testing
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April 27, 2011, 05:59:40 PM |
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So I'm only mining on a small GPU, 50khash/s, part time... Would one payment mode be more beneficial over the other?
PPS. But at 50khash/s it would take you about five and half years to earn your first bitcoin. Of course, it's far worse than that because the difficulty increases about every 2 weeks, so, really, you'll probably never earn a bitcoin. I'd use that GPU for something else if I were you. But working on a proprotional payout, I've gotten 0.01954144 BTC after about an hour or so of work.... 5 years? You can't be serious...
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Fiyasko
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Okey Dokey Lokey
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April 27, 2011, 06:10:57 PM |
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link=topic=3889.msg97110#msg97110 date=1303927180] So I'm only mining on a small GPU, 50khash/s, part time... Would one payment mode be more beneficial over the other?
PPS. But at 50khash/s it would take you about five and half years to earn your first bitcoin. Of course, it's far worse than that because the difficulty increases about every 2 weeks, so, really, you'll probably never earn a bitcoin. I'd use that GPU for something else if I were you. But working on a proprotional payout, I've gotten 0.01954144 BTC after about an hour or so of work.... 5 years? You can't be serious... [/quote] 27.04.2011 07:09:58 2h 01m 343371 0.06045356 27.04.2011 05:08:43 1h 14m 210267 0.06366192 27.04.2011 03:54:21 1h 51m 309034 0.05791110 27.04.2011 02:03:08 1h 15m 207364 0.06104483 27.04.2011 00:48:00 0h 15m 42605 0.04439620 Thats what im getting with Proportional @ 250Mhashes, Wouldnt what your saying mean that if i switch to PPS i'll loose out?[quote author=TheShoura
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[Tycho]
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April 27, 2011, 06:15:00 PM |
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27.04.2011 15:09:58 2h 01m 343371 27.04.2011 13:08:43 1h 14m 210267 27.04.2011 11:54:21 1h 51m 309034 27.04.2011 10:03:08 1h 15m
I'm going PPS :D Good :) But you should remember that each block's lenght doesn't depends on the previous ones :)
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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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TheShoura
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April 27, 2011, 06:18:11 PM |
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okay so I switched to a Cuda miner and it boosted to 60khash/s.... but I still don't understand how PPS versus proportional works... is there a wiki detailing this? I wanna find out which is better for BTC production! edit: i keep seeing this, what does it mean:
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proudhon
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April 27, 2011, 06:27:47 PM |
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okay so I switched to a Cuda miner and it boosted to 60khash/s.... but I still don't understand how PPS versus proportional works... is there a wiki detailing this? I wanna find out which is better for BTC production! edit: i keep seeing this, what does it mean: Just a little FYI, you're pulling 60, 000 khash/s (also referred to as 60Mhash/s) not 60 khash/s. At 60,000 khash/s you'll do ~0.6BTC per day.
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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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TheShoura
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April 27, 2011, 06:29:37 PM |
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....fail, I should have said 60Mhash/s
anyone know what the whole "found hash!" thing that keeps poping in my CMD window is? I only started seeing it when I swithched to Cuda based RPC miner from poclbm
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Security: 8452BCD9 ALWAYS gpg ident the person you're about to exchange with!
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[Tycho]
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April 27, 2011, 06:30:30 PM |
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okay so I switched to a Cuda miner and it boosted to 60khash/s.... but I still don't understand how PPS versus proportional works... is there a wiki detailing this? I wanna find out which is better for BTC production!
It's on the main page. I'll add the description on the registration page too... anyone know what the whole "found hash!" thing that keeps poping in my CMD window is? I only started seeing it when I swithched to Cuda based RPC miner from poclbm It means that you found a share. poclbm says "accepted" in this case.
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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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TheShoura
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April 27, 2011, 06:34:35 PM |
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okay so I switched to a Cuda miner and it boosted to 60khash/s.... but I still don't understand how PPS versus proportional works... is there a wiki detailing this? I wanna find out which is better for BTC production!
It's on the main page. I'll add the description on the registration page too... anyone know what the whole "found hash!" thing that keeps poping in my CMD window is? I only started seeing it when I swithched to Cuda based RPC miner from poclbm It means that you found a share. poclbm says "accepted" in this case. Ah okay thank you. Answered both of my questions! So with proportional, I find a 50BTC block, i get paid ~40 something less a fee? How did I get 0.01 over the span of 1 hour then? with pay per share, its pretty cut and dry. I just don't understand how proportion is working
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If you would like to send me a tip: 1HVGGWGWgHkyh9K8sntkZmXoiopX8Bsvv8
Security: 8452BCD9 ALWAYS gpg ident the person you're about to exchange with!
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[Tycho]
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April 27, 2011, 06:44:24 PM |
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So with proportional, I find a 50BTC block, i get paid ~40 something less a fee? How did I get 0.01 over the span of 1 hour then? with pay per share, its pretty cut and dry. I just don't understand how proportion is working
When pool finds a block, it's divided propotionally to all the participants.
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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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TheShoura
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April 27, 2011, 06:45:59 PM |
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So with proportional, I find a 50BTC block, i get paid ~40 something less a fee? How did I get 0.01 over the span of 1 hour then? with pay per share, its pretty cut and dry. I just don't understand how proportion is working
When pool finds a block, it's divided propotionally to all the participants. Hmm... this seems like it would be more worth while since getting paid per share is kinda... low.. also my slow GPU isn't really doing shares all that fast heh
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Security: 8452BCD9 ALWAYS gpg ident the person you're about to exchange with!
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[Tycho]
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April 27, 2011, 06:47:11 PM |
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Hmm... this seems like it would be more worth while since getting paid per share is kinda... low.. also my slow GPU isn't really doing shares all that fast heh On average Proportional will give you 7% more than PPS. But it depends on pool's luck. At this moment the luck is lower than usual, so you'll get more with PPS. In both modes your reward depends partially or fully on the number of shares submitted.
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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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TheShoura
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April 27, 2011, 06:50:25 PM |
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Hmm... this seems like it would be more worth while since getting paid per share is kinda... low.. also my slow GPU isn't really doing shares all that fast heh On average Proportional will give you 7% more than PPS. But it depends on pool's luck. At this moment the luck is lower than usual, so you'll get more with PPS. Ah okay that makes sense, luck. I was looking for some kind of formula LOL I might say on PPS for a day, switch to proportional next and see how it goes? I think Proportional would be best tho since its based on divided work. Also; how would this work... if I wanna pause mining, say to sleep (cus I cant sleep with rig in its current state, using backup, noisy card) or to play a game..... do I just close the mining window and re-open when I'm ready? does this hurt anything per-se? I know its going to stop production, but does it discard whatever I'm working on, or save it to continue later?
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If you would like to send me a tip: 1HVGGWGWgHkyh9K8sntkZmXoiopX8Bsvv8
Security: 8452BCD9 ALWAYS gpg ident the person you're about to exchange with!
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[Tycho]
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April 27, 2011, 06:56:21 PM |
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Ah okay that makes sense, luck. I was looking for some kind of formula LOL
I might say on PPS for a day, switch to proportional next and see how it goes? I think Proportional would be best tho since its based on divided work.
This won't work since luck is different in each moment :) Formula for PPS: your shares * (45 BTC / current difficulty) At this moment: 0.00048728937632327 BTC per share Formula for each block in Proportional: 48.5 BTC * (your shares / total shares of this block) Also; how would this work... if I wanna pause mining, say to sleep (cus I cant sleep with rig in its current state, using backup, noisy card) or to play a game..... do I just close the mining window and re-open when I'm ready? does this hurt anything per-se? I know its going to stop production, but does it discard whatever I'm working on, or save it to continue later?
Mining process is almost stateless, there is nothing to discard.
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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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phenom
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April 27, 2011, 10:06:48 PM |
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Tycho, Have you seen the new phoenix miner? Any suggested settings for that for your pool please? It's boosted my MH/s by a lot but I've noticed the stale rate has risen quite a bit
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[Tycho]
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April 27, 2011, 11:08:01 PM |
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Have you seen the new phoenix miner? Any suggested settings for that for your pool please?
Yes, I tried it, didn't worked well on my system. But some people report good results. It supports long polling, so you don't need any special settings unles you are getting warnings about running idle. It's boosted my MH/s by a lot but I've noticed the stale rate has risen quite a bit :-\
I know the cause of stale share increase, it shouldn't affect your results. Try the new version of phoenix, this bug may be fixed already.
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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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TheShoura
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Testing
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April 27, 2011, 11:17:47 PM |
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Saw the guide there and that's what got me started I'm contemplating building a mining rig right now with some extra cash... 3-4 5870's on a cheap cpu can be had for about a grand
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If you would like to send me a tip: 1HVGGWGWgHkyh9K8sntkZmXoiopX8Bsvv8
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JoeTheTech
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April 27, 2011, 11:51:39 PM |
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Hello all, I am not much on posting in forums but thought it was time to say thank you to Tycho for the work and dedication put into Deepbit.net. I also would like to say thanks to all the members that have contributed to this and other threads on this forum. Many of you have been a great help in understanding how this all works.
I started mining solo in mid 2010 with CPUs only. Success was very rare but my interest was captured. I recently purchased a used 5870 from eBay which is turning out to be a good investment. My full time mining rig is an old MSI motherboard with a Q6600 CPU, overclocked 5870, 850 watt power supply, 2 gig ram. Other than the video card and power supply the system is over 4 years old (my old gaming rig reborn). It is sitting in the server room I admin over and working very smoothly.
I have a few bills to pay but plan on investing in another GPU very soon.
If your looking for a pool to join I would say Deepbit.net is the place to be.
Have a great day.
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Kick
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April 28, 2011, 12:57:43 AM |
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Hello all, I am not much on posting in forums but thought it was time to say thank you to Tycho for the work and dedication put into Deepbit.net. I also would like to say thanks to all the members that have contributed to this and other threads on this forum. Many of you have been a great help in understanding how this all works.
I started mining solo in mid 2010 with CPUs only. Success was very rare but my interest was captured. I recently purchased a used 5870 from eBay which is turning out to be a good investment. My full time mining rig is an old MSI motherboard with a Q6600 CPU, overclocked 5870, 850 watt power supply, 2 gig ram. Other than the video card and power supply the system is over 4 years old (my old gaming rig reborn). It is sitting in the server room I admin over and working very smoothly.
I have a few bills to pay but plan on investing in another GPU very soon.
If your looking for a pool to join I would say Deepbit.net is the place to be.
Have a great day.
Most definitely.
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