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Author Topic: Shares increasing, btc not so much  (Read 857 times)
masse (OP)
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January 13, 2014, 05:28:19 PM
 #1

I have been mining on deepbit for more than a week now, and my sw seems to work fine (GUIMiner v2012-12-03). On my account on deepbit I can see my worker shares counter increase all the time, and it says "Mining in progress", but the btc balance isn't increasing anything at all. Is the problem on my side, or what?
Happy for any help/advice.
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Blaater
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January 14, 2014, 12:26:30 AM
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It looks like your Pool on deepbit has not found a block anywhere in the past 'very long'. This means that untill your pool gets a found block, your shares are worthless.
Once your pool finds a block, it will distribute it's 25 bitcoin from that block, accordingly to the people that provided the shares.
masse (OP)
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January 14, 2014, 04:45:55 PM
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It looks like your Pool on deepbit has not found a block anywhere in the past 'very long'. This means that untill your pool gets a found block, your shares are worthless.
Once your pool finds a block, it will distribute it's 25 bitcoin from that block, accordingly to the people that provided the shares.

Ok, but there's only one way for me to create a worker on my deepbit account (I cant chose a pool or something like that), and connect to it from my miner sw, so if the pool doesn't find a block there's nothing I can do? And that would mean that I can more or less quit mining on deepbit, because the block "hitrate" as a total is very low? Is that correct? Or am I just a colossal newbee??  Embarrassed
crazyates
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January 15, 2014, 01:58:53 AM
 #4

People still mine on Deepbit?

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Trini8ed
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January 15, 2014, 02:03:57 AM
 #5

People still mine on Deepbit?

I mined there 2 years ago lol

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masse (OP)
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January 15, 2014, 04:19:55 PM
 #6

People still mine on Deepbit?

I mined there 2 years ago lol

Hmm, starting to think I really am the colossal newbie!  Embarrassed  Smiley
Thanks for the "brutal" comments! Wink Smiley Guess I'm switching to another minig pool now!

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January 15, 2014, 07:58:42 PM
 #7

Yeah, deepbit is funky and no updates ever on the webpage.  Looks abandoned.  I set it to proportional and it did not go up in a week and they had several blocks found.  But when I put it on PPS it goes right along.   That would be what I call skimming.  Was just trying to finish out .01 to cash out with some 333 mh/s usb miners. Sad


 
 
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crazyates
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January 16, 2014, 03:05:13 AM
 #8

People still mine on Deepbit?
I mined there 2 years ago lol
Lol I started there as well, back when you could mine several BTC a day with only a couple GPU. Think I mined a few hundred coins there. Then I switched to Ozcoin, and now I use a split of Slush and Bitminter.

Hmm, starting to think I really am the colossal newbie!  Embarrassed  Smiley
Thanks for the "brutal" comments! Wink Smiley Guess I'm switching to another minig pool now!
Hey we were all newbies once. Deepbit used to be the shit. They would own like 40% of the network. It's just that when everyone started developing their pools for ASICs and larger hashrates, deepbit...well...didn't. They still use an older version of bitcoind, IIRC. They never updated to stratum, still using their own version of GW with roll-n-time. Don't get me wrong, they were the ones that really kicked off pooled mining, and set the basis for pools to follow after. It's just that today, there are smarter and better options. Like the two I suggested above! Wink

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masse (OP)
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January 16, 2014, 04:08:39 PM
 #9

Ok, thanks all for the advice! At least there was nothing wrong w my account and stuff, only my choice of pool! Cheesy
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