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Author Topic: [204 GH/s] yourbtc.net closing it's doors on 2011-12-08  (Read 19690 times)
urstroyer
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September 11, 2011, 08:41:35 AM
 #1

yourbtc.net closing it's doors on 2011-12-08

Hello fellow miners,

it was really a hard decision for me but i'am going to close this pool within the end of day.

I underestimated the amount of time it takes to operate that pool and can't combine it with my fulltime job and private life any longer.
If anyone is interested in taking over the pool, just let me know.

When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
So you will receive some additional payouts, just like you would have stopped mining for a while.

Please don't be sad, there are lots of other great pools out there:

- Eclipse MC (http://www.eclipsemc.com) another great double geometric payout pool
- Bitminter (http://www.bitminter.com) another really cool pool, the webfrontend and charts are awesome
- ABCPool (http://www.ABCPool.co) 0% pps, those guys who run this pool have to be crazy not taking a fee

I would like to thank all of you, who trusted in yourbtc.net! Special thanks to Meni who consulted me very well and invented this awesome DGM payout method.

@Mods: please unstick me again, i think Eclipse MC is the pool, that should be sticked instead. Thanks and sorry for inconvinience.

---- Old Post ----



Welcome to yourbtc.net,

we are proud to present our Bitcoin Mining Pool with Double Geometric Payout Method.

Right now, we offer this service at NO FEE!

Please note, that the pool just started and pool hashrate takes some time to grow. So the first block can take a while. Just relax and keep mining here, your expected payout won't suffer.

We appreciate donations to keep this service up and running. Feel free to adjust the donation percentage in your User Account.

If you are interested, visit us at: http://www.yourbtc.net

Status Report
- Pool Frontend: Up and Running
- Pool Backend: Up and Running
- Registration: Open

So what makes yourbtc.net the first choice for Bitcoin Mining?

  • Double Geometric Payout Method
  • Merged Mining
  • No Fees - optional Donation of 2% can be adjusted
  • Single Sign On with your existing Google, Yahoo or Facebook Account
  • Long Polling and Low Stale Percentage
  • Custom build Web Frontend
  • SSL Certificate - please use https://yourbtc.net
  • Individual and interactive Statistics
  • Automatic and full Decimal Payouts
  • Shoutbox and E-Mail Support
  • JSON API
  • Many additional features added almost daily

Finished Promotion
Each Round Share from count 1 to 1,000,000 receive 0.00001 BTC bonus - finished September 20, 2011
Each Round Share up to 1,000,000 receive 0.00001 BTC bonus - finished September 28, 2011

Advantages of Double Geometric Payout Method

This method was invented by Meni Rosenfeld, detailed information can be found here: https://bitcointalk.org/index.php?topic=39497.0

Low Variance Mining
This method offers steady income per share similar to PPS. We take the risk of long rounds and pay even when the pool buffer runs out.

Pool Hopping Proofed
Pool Hopping on yourbtc.net does not increase income, to make sure, everyone will receive a fair value for submitted shares.

Double Geometric Variables
f (Fixed Fee) = -1
c (Variable Fee) = 0.5
o (Cross-Round Leakage) = 0.5
c+f-cf = 0 (Average Total Fee)

You are welcome to ask any questions or leave a comment in this thread. Thanks!

Hope to see you soon and may the hashpower be with you,

Chris aka urstroyer



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September 11, 2011, 02:44:49 PM
 #2

Not really the first DGS, but that's ok Smiley

We've been running in conjunction with the geometric scoring system for several days now.

Site looks nice, though!  Good luck to you, I hope you can make it!




If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
urstroyer
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September 11, 2011, 02:50:48 PM
 #3

Not really the first DGS, but that's ok Smiley

We've been running in conjunction with the geometric scoring system for several days now.

Site looks nice, though!  Good luck to you, I hope you can make it!

Thanks for feedback Inaba, i have changed the wording.

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September 11, 2011, 03:44:18 PM
 #4

Im in.

Will add 1gh for now to see how we go. If things look well i will add some more n Wink

urstroyer
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September 11, 2011, 04:01:47 PM
 #5

To clarify how score method and payout works here is a simplified sample for 24/7 mining:



When you start mining the estimated payout appears to be slightly lower than PPS but it will pay when you participate on multiple blocks and the system will pay you off well.

Half of your score is carried into the next round, so you benefit from your efforts of previous rounds. It works because of a slow decay of user score, the rate depends on pool hashrate.

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September 12, 2011, 12:31:42 AM
 #6

Interesting graph, can you expand it out a bit more?

Why did you choose a value of .5 for o out of curiosity?


If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
urstroyer
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September 12, 2011, 06:03:17 AM
 #7

Interesting graph, can you expand it out a bit more?

Why did you choose a value of .5 for o out of curiosity?

To explain why o = 0.5 i would like to quote from Meni Rosenfeld:

Quote
Increasing o reduces participants' share-based variance but increases maturity time. When o=0 this becomes the geometric method. When o->1 this becomes a variant of PPLNS, with exponential decay instead of 0-1 cutoff (note that "exponential" does not mean "rapid", the decay can be chosen to be slow).

So the decay is VERY slow and of course depending on how many shares the pool can generate per timeframe.
Instead of a share become worthless after N Shares like in many PPLNS Pools, every share receives an exponential decay.

Regarding the graph, i will try do expand later today.

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September 12, 2011, 08:42:15 AM
 #8

Very cool.

Why did you choose a value of .5 for o out of curiosity?
Compared to o=0.99, c=0.01, the choice of o=0.5, c=0.5 allows to decrease pool-based variance, at the cost of increased operator risk. Which is substantial, doing this with 0 average fee is dangerous.

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September 12, 2011, 03:53:00 PM
 #9

Compared to o=0.99, c=0.01, the choice of o=0.5, c=0.5 allows to decrease pool-based variance, at the cost of increased operator risk. Which is substantial, doing this with 0 average fee is dangerous.

Yeah i know. Right now, i try to counter the risk with optional donations. If i have to pay a bunch of bitcoins myself, i will do it for the community and as a proof that this method is a very innovating idea.

So far, it seems that almost nobody is interested. I'am greatful for any suggestions or wishes to get this baby running.

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September 12, 2011, 07:20:20 PM
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Compared to o=0.99, c=0.01, the choice of o=0.5, c=0.5 allows to decrease pool-based variance, at the cost of increased operator risk. Which is substantial, doing this with 0 average fee is dangerous.

Yeah i know. Right now, i try to counter the risk with optional donations. If i have to pay a bunch of bitcoins myself, i will do it for the community and as a proof that this method is a very innovating idea.

So far, it seems that almost nobody is interested. I'am greatful for any suggestions or wishes to get this baby running.

Please no gimmicks.  Give me a proportional pool or a PPS pool, or I'm just not interested.

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September 12, 2011, 07:32:47 PM
 #11

Please no gimmicks.  Give me a proportional pool or a PPS pool, or I'm just not interested.

Nothing personal, but that is a pretty ignorant statement.  Proportional Pools are fatally flawed because they will be exploited by pool hoppers.   Straight-up PPS pools are fatally flawed because they will eventually go bankrupt unless they have massive fees.

The alternatives are not gimmicks.  They are the only reasonable options that don't screw over miners and don't screw over pool operators.

Although I am happy at my current SMPPS pools, I thank urstroyer for setting this up and I hope it is successful.

Was I helpful?  1TwmzX1wBxNF2qtAJRhdKmi2WyLZ5VHRs
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September 13, 2011, 08:20:48 AM
 #12

I love how people read new ideas and implement them fairly quickly
Big props to the pool operator for trying this system out, I think I'll add this pool as a backup
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September 13, 2011, 09:22:31 AM
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Straight-up PPS pools are fatally flawed because they will eventually go bankrupt unless they have massive fees.
PPS pools aren't fatally flawed, they just aren't very attractive right now because most PPS operators don't know what they're doing. I believe PPS will be the reward system of the future, but I won't derail the thread into discussing my vision of it. Maybe I'll write about it in its own thread sometime.

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September 13, 2011, 04:07:24 PM
 #14

In order to improve the total Hashrate and convince you of this pool, we are going to give away up to 10 BTC:

Each Round Share from count 1 to 1,000,000 receive 0.00001 BTC bonus

Visit our website for more information and rules.

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September 14, 2011, 04:57:02 AM
 #15

When would the 10btc be paid?? At the end of the promotion of a million shares or when the first block is found?

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September 14, 2011, 05:52:09 AM
 #16

When would the 10btc be paid?? At the end of the promotion of a million shares or when the first block is found?

As soon as we reach 1,000,000 shares the promotion btc will be payed. So there is no need to find a block.

Current average payout per share with promotion added is 0.000038 BTC, a very good offer.

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September 15, 2011, 06:17:42 PM
 #17

Pool Updates:

Pool Geomap
Are you interested, where our pool member live? Try out this new chart!
You can even check out the hashrate for every country with mouse over.

User Top 20
If you are interested, who donates most of our hashing power your welcome to use this chart.
In case you don't want your name displayed in public, just visit Pool Options and change your Pool Privacy options.

Please leave a comment if you have a suggestions for more statistics.
I'am happy to implement it for our pool.

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September 15, 2011, 10:06:54 PM
 #18

Hiya.

Just to let you know im having connection problems in the uk.

Chris

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September 16, 2011, 03:47:57 AM
 #19

Hiya.

Just to let you know im having connection problems in the uk.

Chris

Should be up and running again! Sorry for this inconvenience.

I'am setting up cluster machines this weekend to make sure we have a backup scenario.

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September 17, 2011, 10:46:17 AM
 #20

Added some FAQ for better understanding how Double Geometric with our parameters work.

Comming up next: JSON API

Still 75% of promotion BTC left. You better hurry up, cause someone from russia is currently hashing the bonus away ^^

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September 18, 2011, 01:56:21 PM
 #21

Feature Update

  • Personal API Key
  • Pool Estimated Payout
  • New Logo for yourbtc.net - special thanks to my girlfriend littlebug <3

I would love to hear some feedback if you have any wishes for more features or stats. Just tell me and i will make it happen!

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September 21, 2011, 08:31:25 AM
 #22

Pool seems to be down - 0 Mhashes and I can't connect...
urstroyer
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September 21, 2011, 11:42:22 AM
 #23

Pool seems to be down - 0 Mhashes and I can't connect...

Hi Bizzy,

pool is up and running again. I will investigate what caused this problem and fix it.

Sorry for this inconvenience, pool was unreachable for some hours today.

Therefore i will give away some btc from my own pocket later today according to all member who mined in the last 24 hours to cover your loss. Promise you won't have any disadvantages.

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September 21, 2011, 05:05:47 PM
 #24

All user were credited a bonus of 0.00003000 BTC per gen. valid share during the last 24 hours.
They are show in the right pane under "Pending Promotion Payout:".
As soon as we solve our first block, it will be payed as an additional bonus.

Sorry for this inconvenience, pool was unreachable multiple times today. Running stable again.

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September 21, 2011, 08:05:39 PM
 #25

Thanks! Am back mining again...
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September 22, 2011, 08:36:09 AM
 #26

Site and mining down bud.

Just to let you know, I was just about to rejoin but cant.

Chris

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September 22, 2011, 09:39:30 AM
 #27

Available again.

Sorry for that, i will add some bonus BTC as usual later today to make sure, you won't have a disadvantage from the outage.

I will get some technicial assistance tonight, so we will see a permanent fix soon. Keep you up2date.

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September 23, 2011, 06:22:02 PM
 #28

Pool is running perfectly stable now.

Giving away another 10 BTC for free. Just join mining and get 0.00001 BTC bonus each valid share up 1,000,000 shares.

If you are interested but quite not understand yet, how our payout system DGS works, feel free to visit our FAQ section: http://www.yourbtc.net/faq-page

Most user voted for additional stats, so i'am going to add some more this weekend.

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September 24, 2011, 05:18:24 PM
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Nice pool. I'm testing it right now. A bit laggy...
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September 24, 2011, 08:25:22 PM
 #30

Great promotions in this pool!

I notice the Estimated Payout graph totally changed over the last 24ish hours; previously it showed a slowly dropping expected value when my miners were idle (which I think made sense with the payout calculation method), but now it's like it's averaged over time and doesn't make as much sense to me. Are you able to explain how it works now? Thanks!
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September 24, 2011, 09:28:30 PM
 #31

Great promotions in this pool!

I notice the Estimated Payout graph totally changed over the last 24ish hours; previously it showed a slowly dropping expected value when my miners were idle (which I think made sense with the payout calculation method), but now it's like it's averaged over time and doesn't make as much sense to me. Are you able to explain how it works now? Thanks!

Thanks for your feedback. The Double Geometric Method with our settings your expected value per share is under the impact of an permanent exponential decay.

This means if you generate a share right now, it will loose it's value as soon more and more shares were generated. Of course the higher the hashrate of the pool, the decay will happen faster, because more share per second were submitted by the pool. Compared with PPLNS this lowers your variance because you don't have to be afraid, that your share will become instant worthless as soon as N more shares are generated.

Here is a graph, which compares our method with PPLNS:



Maybe you noticed, that the area below each curve is the same. This indicates that the total average payout is the same, only the distribution is different.

The following graph shows, that payout for you shares happens during over millions of generated shares and several rounds, compared to PPLNS where the full payout happens when a block is found.



I would like to thank Meni Rosenfeld, who invented this method, and made these visuals possible.

So, to answer your question, if the decay of your past shares is even to fresh generated shares and your graph is not going up, it could be because the hashrate in the past was higher than the hashrate you got right now. It really depends on some more circumstances like pool hashrate for example.

Hope this brings some light in the dark.

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September 25, 2011, 07:25:34 PM
 #32

First Block found! Congrats everyone!

Still over 50% of the 10 promotion BTC left! Time to jump in.

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September 26, 2011, 02:15:27 AM
 #33

Quote
I notice the Estimated Payout graph totally changed over the last 24ish hours; previously it showed a slowly dropping expected value when my miners were idle (which I think made sense with the payout calculation method), but now it's like it's averaged over time and doesn't make as much sense to me. Are you able to explain how it works now? Thanks!
Oops! Just realised I'd gone from looking at my User Estimated Payout to the pool Estimated Payout chart. All is good :-)

Would you mind explaining what this means on the pool website:
Rnd. Share Val.: 0.00025292

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September 26, 2011, 05:57:53 AM
 #34

Oops! Just realised I'd gone from looking at my User Estimated Payout to the pool Estimated Payout chart. All is good :-)

Would you mind explaining what this means on the pool website:
Rnd. Share Val.: 0.00025292

Yeah sure, here is a quick example:
We just started a new block and gathered 120,000 shares and the estimated pool payout at this time is 23 BTC.
23 / 120000 = 0.00019167

It should be called "current average value per share in this round" but that lenght doesn't fit into the header.

I have deceided to remove it yet, because the value would only be true if we find a block at the moment the value is displayed.

The final value per share can be viewed in your personal account under "Previous Rounds" when we know exactly how many shares were needed to find a block.

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September 26, 2011, 01:16:33 PM
 #35

Everyday another suprise:
Server seems to be offline atm. I've already called my server hoster, they are "investigating" that issue... Hope it will brb soon!

Update:
Problem is fixed. Seems like the whole datacenter was unreachable for about 2 hours.

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September 27, 2011, 10:25:33 AM
 #36

We got lucky today and solved a block within a quick round.

Double Geometric Method is working really great so far!

The average payout value per share and of round 2 was 0.00008079 BTC.

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September 28, 2011, 05:01:51 PM
 #37

I need your feedback for further pool improvements. Please give feedback if you like to:
http://yourbtc.net/content/upcoming-feature-poll-what-do-you-see-next

Still giving away free Google Music Invites if you are interested:
http://yourbtc.net/content/google-music-beta-invite-giveaway

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October 01, 2011, 02:41:00 PM
 #38

Our lucky strike goes on! Another block bites the dust.

The average payout value per share and of round 3 was 0.00003795 BTC.

We can still handle a bunch of new miners, i would love to see some new miners soon.

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October 05, 2011, 03:10:22 PM
 #39

News Update:
Our pretty young pool just solved block no. 4 a few hours ago. The average payout per share on block 148102: 0.00003789 BTC.

The pool is running a decent hashrate right now, so the average time to solve a block decreased.

We even got some new features:

* Worker Idle Notification
Can be adjusted on every single worker now.

* Payout Notification
Will be send everytime you receive BTC.

* Payout Address Change Notification
For improved security.

* Average Hashrate
Access over User Statistics -> Worker Lifetime

* Improve Geomap
Even more colors now. If you like other colors, let me know.

You are welcome to join us!

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October 06, 2011, 02:20:40 PM
 #40

I may sound like idiotic but? Is pure PPS stil best for slow miners with slow hashrates (under 100mhash). There are some PPS pools with 0%fee and they share full 50BTC/shares. So that should be best option? Right? Or do we get more advantage with DGM in long run? Im not sure if i understadn even single thing about DGM?
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October 06, 2011, 02:35:25 PM
 #41

I may sound like idiotic but? Is pure PPS stil best for slow miners with slow hashrates (under 100mhash). There are some PPS pools with 0%fee and they share full 50BTC/shares. So that should be best option? Right? Or do we get more advantage with DGM in long run? Im not sure if i understadn even single thing about DGM?
0% fee PPS (and I'm talking about real PPS, not fakes) would have been best, but in fact it's too good to be true - in pools that have this this is a promotional offer that can't be sustained over the long run. Many PPS operators don't completely understand the risks involved and their pool is at risk of bankruptcy or switching to a safer method. But if a pool does manage to offer PPS with low fees it's better than any other method with the same fees.

But it doesn't matter too much. 100 MH/s is less than what some people have but it's high enough that you don't have to worry about share-based variance. DGM, PPLNS etc. will be perfectly fine and I think this pool is better than currently existing PPS offers. Larger pools have an advantage though.

You don't really need to understand the specifics of DGM. There are good methods and bad methods, and all good methods (such as DGM) will give you pretty much the same payout over the long run.

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October 13, 2011, 07:19:33 PM
 #42

Greetings,

we are working on merged mining as well. Until we get a working solution, i'am donating 15 BTC to our miners to make sure you won't have a disadvantage.

In order to gain full advantage of merged mining we will gather all nmc and trade them for you into btc as a service.
Payout will happen in form of our so called Loyality Bonus. This is how it works:

Everytime the pool gains additional income like transaction fees from solved blocks or merged mining earnings it will be gathered in our Loyality Bonus pool balance.

  • We gather all additional earnings in a Loyality Bonus pool balance.
  • At the end of every month, the whole pool balance is payed to the pool and we start at zero pool balance again.
  • Payout is calculated propotional on monthly shares:
    [your payout] = [Loyality Bonus pool balance] / [all monthly valid shares] * [your monthly valid shares]

I hope you like it!

Cheers,

Chris

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October 13, 2011, 07:46:59 PM
 #43

In order to gain full advantage of merged mining we will gather all nmc and trade them for you into btc as a service.
This part I like...

[your payout] = [Loyality Bonus pool balance] / [all monthly valid shares] * [your monthly valid shares][/li][/list]
This part I don't like. What's the point using a hopping-proof method and then adding a hoppable feature?

The method handles transaction fees as is as long as you determine B correctly. It needs to be the total block reward corresponding to a share's getwork.

You can add namecoins by having separate Bitcoin Score and Namecoin Score, where the namecoin reward according to the method is converted to bitcoins before entering the confirmed balance.

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October 13, 2011, 07:59:50 PM
 #44

    [your payout] = [Loyality Bonus pool balance] / [all monthly valid shares] * [your monthly valid shares][/li][/list]
    This part I don't like. What's the point using a hopping-proof method and then adding a hoppable feature?

    The method handles transaction fees as is as long as you determine B correctly. It needs to be the total block reward corresponding to a share's getwork.

    You can add namecoins by having separate Bitcoin Score and Namecoin Score, where the namecoin reward according to the method is converted to bitcoins before entering the confirmed balance.

    Agreed, thats a quick and dirty offer to stay competitive. Will work on this, as soon mm is enabled in order to offer a fair and transparent longterm solution.

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    October 15, 2011, 05:59:52 PM
     #45

    Hi,

    I've recently run into difficulties with my main pool and am in the market for a new one (I have 720 MH/s).  I thought I'd start here (for the DGM of course).

    I was also thrown by the line
    Quote
    [your payout] = [Loyality Bonus pool balance] / [all monthly valid shares] * [your monthly valid shares]
    and although not as bad as the proportional reward system (due to the fixed round length of one month) it is definitely rather ugly.  I'm glad to see that this issue has already been raised.

    I have many thoughts and questions but I'll keep them to myself for now, read around a bit more, and see how things go.
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    October 16, 2011, 12:52:01 PM
     #46

    The method handles transaction fees as is as long as you determine B correctly. It needs to be the total block reward corresponding to a share's getwork.

    Did some homework after Meni's feedback, in order to determine B (block reward + transaction fees) correctly when a share was submitted:

    bitcoind version 0.5 will get a "getmemorypool" call, which is capable to get the btc amount of transaction fees, if the current network block would be solved at that moment.

    So the distribution of transaction fees will be included into DGM on yourbtc.net as soon as it's technically possible.

    teukon
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    October 16, 2011, 03:04:00 PM
     #47

    I'm not currently able to connect to the pool (yourbtc.net:8999, s15747378.onlinehome-server.info:8999) or the site (either http or https), nor do I get a response when pinging yourbtc.net.  Any idea on the cause?  Is this a common problem?
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    October 16, 2011, 03:16:00 PM
     #48

    I'm not currently able to connect to the pool (yourbtc.net:8999, s15747378.onlinehome-server.info:8999) or the site (either http or https), nor do I get a response when pinging yourbtc.net.  Any idea on the cause?  Is this a common problem?


    Hi teukon,

    sounds like a routing problem. Server and all services are up and running.

    Could you try to connect your miner to 87.106.84.25:8999 as a workaround?

    If you are on irc you find me on #yourbtc / irc.freenode.net to figure this out.

    Best regards,

    Chris

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    October 16, 2011, 03:50:42 PM
     #49

    I'm not currently able to connect to the pool (yourbtc.net:8999, s15747378.onlinehome-server.info:8999) or the site (either http or https), nor do I get a response when pinging yourbtc.net.  Any idea on the cause?  Is this a common problem?


    Hi teukon,

    sounds like a routing problem. Server and all services are up and running.

    Could you try to connect your miner to 87.106.84.25:8999 as a workaround?

    If you are on irc you find me on #yourbtc / irc.freenode.net to figure this out.

    Best regards,

    Chris

    No joy.  Substituting 87.106.84.25 for yourbtc.net make no difference to site access, pool access, or ping.  Everything looks dead.  I'm fully able to use pretty much any other site.  Furthermore, the site and pool were working fine for me when I signed up and I got in about 12 hours of good mining.

    I'm afraid I'm not on irc.

    Thanks for the help.

    EDIT: http://www.downforeveryoneorjustme.com/yourbtc.net says the site is fine.  Also, I'm able to ssh into a machine with a different ip address and ping yourbtc.net.  I just can't ping it from any of the machines behind my router/modem/ip address.  I've change no router or network settings in the last 12 hours that I'm aware of.

    My ip address is 86.30.188.162 if that's of any help.
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    October 16, 2011, 06:11:25 PM
     #50

    I'm not currently able to connect to the pool (yourbtc.net:8999, s15747378.onlinehome-server.info:8999) or the site (either http or https), nor do I get a response when pinging yourbtc.net.  Any idea on the cause?  Is this a common problem?


    Hi teukon,

    sounds like a routing problem. Server and all services are up and running.

    Could you try to connect your miner to 87.106.84.25:8999 as a workaround?

    If you are on irc you find me on #yourbtc / irc.freenode.net to figure this out.

    Best regards,

    Chris

    No joy.  Substituting 87.106.84.25 for yourbtc.net make no difference to site access, pool access, or ping.  Everything looks dead.  I'm fully able to use pretty much any other site.  Furthermore, the site and pool were working fine for me when I signed up and I got in about 12 hours of good mining.

    I'm afraid I'm not on irc.

    Thanks for the help.

    EDIT: http://www.downforeveryoneorjustme.com/yourbtc.net says the site is fine.  Also, I'm able to ssh into a machine with a different ip address and ping yourbtc.net.  I just can't ping it from any of the machines behind my router/modem/ip address.  I've change no router or network settings in the last 12 hours that I'm aware of.

    My ip address is 86.30.188.162 if that's of any help.


    Got the same result when sending a ping to your machine from my server. I can reach you without a problem from my connection @home.

    I'am afraid, i can't offer a solution until tomorrow. My server hosting company has to investigate this issue.

    If you have a dynamic ip adress, try to reconnect your internet to get a new ip.

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    October 16, 2011, 06:30:21 PM
     #51

    Got the same result when sending a ping to your machine from my server. I can reach you without a problem from my connection @home.

    I'am afraid, i can't offer a solution until tomorrow. My server hosting company has to investigate this issue.

    If you have a dynamic ip adress, try to reconnect your internet to get a new ip.

    It's possible that my ISP gave me a new ip address in the night and that simply asking for a new one (keeping the modem off for long enough) would get things working again.  However, it does seem strange that yourbtc.net can only handle certain ip addresses.

    I'm using another pool at the moment but I'll be back when I can get onto yourbtc.net without trickery.
    teukon
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    October 16, 2011, 08:26:40 PM
     #52

    I've just discovered that I have the same problem with "en.wikipedia.org" so I started hunting for other bad sites.  Most sites I tried worked fine, including: "www.google.com", "slashdot.org", "www.gamefaqs.com", "www.bbc.co.uk".  I found that "www.ebay.co.uk" and "senseis.xmp.net" were also problematic so your site is not alone.  I know that networking problems are most commonly a computer settings, router, or modem problem, but I think at this point I suspect my ISP has screwed up.

    Thanks for your help anyway, hopefully I'll resolve this issue soon and be back with you.

    EDIT:  Yes, my ISP (Virgin Media, UK) is having major problems.  The problems are nationwide too!  I've set up a quick proxy for browsing but will wait until things are back to normal rejoining this pool.  I'm sorry if I caused you much trouble and thank you for the help.
    urstroyer
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    October 17, 2011, 05:21:42 AM
     #53

    No problem, i'am glad to get at least some feedback Smiley

    Glad to see you back.

    BTW:
    If you have any feature request feel free to open a ticket under Pool Development & Support.
    I try to make everything possible, to make it everyone comfortable using this pool.

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    October 18, 2011, 01:10:47 AM
     #54

    May I ask how the "estimated loyalty bonus" is calculated?  Should I expect my estimated loyalty bonus to increase as I add more shares to my total for the month?
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    October 18, 2011, 04:29:59 AM
     #55

    May I ask how the "estimated loyalty bonus" is calculated?  Should I expect my estimated loyalty bonus to increase as I add more shares to my total for the month?


    Exactly, thats the way it works at the moment. You get a proportional peace of cake at the end of month. Everyday single share which was submitted this month will count.

    Please note, thats a workaround, to offer a replacement for the currently missing merged mining feature.
    The final goal is to include payout for merged mining rewards and of course transaction fees on found block into the double geometric method.

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    October 18, 2011, 10:30:41 AM
     #56

    Exactly, thats the way it works at the moment. You get a propotional peace of cake at the end of month. Everyday single share which was submitted this month will count.

    Please note, thats a workaround, to offer a replacement for the currently missing merged mining feature.
    The final goal is to include payout for merged mining rewards and of course transaction fees on found block into the double geometric method.

    The reason I ask is that my estimated loyalty bonus is not increasing as quickly as my estimated payout.  I was simply after the formulae used to arrive at these two figures.

    Thanks.
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    October 21, 2011, 06:26:16 PM
     #57

    Switched to yourbtc from deepbit the other day during the DDOS outages. So far, it's looking great Smiley Seems like I'm making more BTC here than with deepbit even after donating a little bit. Cheers for the hard work.

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    October 24, 2011, 10:11:53 PM
     #58

    I'm slighly confused by the new work pushes I'm currently receiving.  Some new jobs come with a BTC block number and they correlate quite well with the blocks reported by the Bitcoin block explorer.  However, I can't find a clean correspondence between new jobs and Namecoin blocks and this worries me.  Is this normal?  I really would expect to receive a new job for every new Namecoin block.

    For 21:00 -> 22:00 UTC (2011-10-24)

    My received new jobs:
      03:38 (BTC 150495)
      08:43 (BTC 150496)
      18:43
      23:07 (BTC 150497)
      33:07
      43:08
      46:48 (BTC 150498)
      56:48
      57:31 (BTC 150499)

    Bitcoin block explorer:
      02:57, 150495
      08:00, 150496
      22:24, 150497
      44:08, 150498
      56:31, 150499

    Namecoin block explorer:
      09:51, 24197
      16:29, 24198
      24:25, 24199
      32:00, 24200
      34:29, 24201
      40:03, 24202
      45:29, 24203
      45:59, 24204
      50:10, 24205
      55:45, 24206

    Thoughts?
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    October 24, 2011, 10:20:46 PM
     #59

    I'm slighly confused by the new work pushes I'm currently receiving.  Some new jobs come with a BTC block number and they correlate quite well with the blocks reported by the Bitcoin block explorer.  However, I can't find a clean correspondence between new jobs and Namecoin blocks and this worries me.  Is this normal?  I really would expect to receive a new job for every new Namecoin block.

    For 21:00 -> 22:00 UTC (2011-10-24)

    My received new jobs:
      03:38 (BTC 150495)
      08:43 (BTC 150496)
      18:43
      23:07 (BTC 150497)
      33:07
      43:08
      46:48 (BTC 150498)
      56:48
      57:31 (BTC 150499)

    Bitcoin block explorer:
      02:57, 150495
      08:00, 150496
      22:24, 150497
      44:08, 150498
      56:31, 150499

    Namecoin block explorer:
      09:51, 24197
      16:29, 24198
      24:25, 24199
      32:00, 24200
      34:29, 24201
      40:03, 24202
      45:29, 24203
      45:59, 24204
      50:10, 24205
      55:45, 24206

    Thoughts?


    I have addressed a similar issue to the poolserverj dev here: https://bitcointalk.org/index.php?topic=33144.msg591274#msg591274

    We switched back to our stable non-mm enviroment, these side effects should not appear anymore.

    Added 5 BTC in our bonus pool to compensate your non merged mining earnings yet. I have faith in shadders, that he will release a working mm psj version soon Smiley

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    October 24, 2011, 10:46:31 PM
     #60

    I have addressed a similar issue to the poolserverj dev here: https://bitcointalk.org/index.php?topic=33144.msg591274#msg591274

    We switched back to our stable non-mm enviroment, these side effects should not appear anymore.

    Added 5 BTC in our bonus pool to compensate your non merged mining earnings yet. I have faith in shadders, that he will release a working mm psj version soon Smiley

    I'm glad to hear the issue is known and am looking forward to a working merged mining system.
    urstroyer
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    October 25, 2011, 10:07:19 AM
     #61

    I have addressed a similar issue to the poolserverj dev here: https://bitcointalk.org/index.php?topic=33144.msg591274#msg591274

    We switched back to our stable non-mm enviroment, these side effects should not appear anymore.

    Added 5 BTC in our bonus pool to compensate your non merged mining earnings yet. I have faith in shadders, that he will release a working mm psj version soon Smiley

    I'm glad to hear the issue is known and am looking forward to a working merged mining system.


    shadders was very fast in fixing the last issues.

    That means, we got Merged Mining enabled now!

    All blocks found this month still will be added to the loyality pool. Starting on 1st nov NCM earnings will be distributed on double geometric method exactly like BTC.

    More details about that soon.

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    October 25, 2011, 10:59:34 AM
     #62

    shadders was very fast in fixing the last issues.

    That means, we got Merged Mining enabled now!

    All blocks found this month still will be added to the loyality pool. Starting on 1st nov NCM earnings will be distributed on double geometric method exactly like BTC.

    More details about that soon.

    Good news.

    I'd like to send shadders some BTC for the hard work, do you have a link for me?

    There appears to be some kind of delay but this is probably a clock sync issue.  I'm more concerned by the gaps of rejects I seem to now be getting.  Here's some data (09:45 -> 10:45 UTC, 2011-10-25):
    {
    My miner's state:
      09:46:19 - Disconnected (Presumably you are brining merged mining online here)
      09:48:01 - Connected
      09:48:01 - NMC 24299
      09:51:03 - New job
      09:57:15 - New job
        (all shares here are rejected)
      09:57:25 - BTC 150559
      10:03:25 - New job
      10:05:20 - New job
      10:05:21 - NMC 24301
      10:07:25 - New job
        (all shares here are rejected)
      10:07:36 - BTC 150560
      10:08:07 - New job
      10:15:23 - New job
      10:18:38 - New job
      10:20:00 - New job
      10:24:40 - New job
      10:24:40 - NMC 24306
      10:33:11 - New job
      10:36:05 - New job
        (all shares here are rejected)
      10:36:15 - BTC 150562
      10:37:50 - New job
      10:39:49 - New job
      10:39:53 - New job
      10:39:54 - NMC 24309

    Bitcoin block explorer:
      09:50:23, 150559
      10:04:36, 150560
      10:23:32, 150561
      10:32:47, 150562
      10:39:22, 150563

    Namecoin block explorer:
      09:45:45, 24300
      10:00:55, 24301
      10:03:27, 24302
      10:07:29, 24303
      10:14:26, 24304
      10:16:42, 24305
      10:18:39, 24306
      10:28:47, 24307
      10:36:06, 24308
      10:37:52, 24309
      10:40:58, 24310
    }

    Is this all as it should be?

    Also, when you do start applying DGM to the Namecoin blocks, will there be namecoins in my account to withdraw or will they be automatically traded for bitcoins.  I'd guess there are a fair few miners who don't care much for namecoins and so some options for payout would be nice:

    1) Donate all earned namecoins to the pool.
    2) Withdraw earned namecoins to a namecoin wallet.
    3) Have the pool convert the namecoins to bitcoins and added to my Bitcoin balance (with the pool taking a fixed fee for this service - 5% say).
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    October 25, 2011, 11:03:33 AM
     #63

    It would be nice to have an option to automatically trade namecoins for bitcoins and add to account.

    And yes, the same issue with rejected shares as stated above.
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    October 25, 2011, 11:36:48 AM
     #64

    And yes, the same issue with rejected shares as stated above.

    While the rejects are certainly a problem I would much rather use a 98% efficient merged mining pool than a 99.6% efficient normal Bitcoin pool.
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    October 25, 2011, 08:26:16 PM
     #65

    Just noticed that my efficiency has dropped ~1-2% as well. Is this because of merged mining?

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    October 25, 2011, 08:27:50 PM
     #66

    Also noticed that we jumped to 55GH/s after merged mining was implemented  Wink

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    October 25, 2011, 09:15:09 PM
     #67


    1) Donate all earned namecoins to the pool.
    2) Withdraw earned namecoins to a namecoin wallet.
    3) Have the pool convert the namecoins to bitcoins and added to my Bitcoin balance (with the pool taking a fixed fee for this service - 5% say).


    It would be nice to have an option to automatically trade namecoins for bitcoins and add to account.

    And yes, the same issue with rejected shares as stated above.

    Hey, sorry for the delay but just got home.

    My plan right now, is to implement the namecoin distribution on double geometric method like Meni Rosenfeld suggested:
    "You can add namecoins by having separate Bitcoin Score and Namecoin Score, where the namecoin reward according to the method is converted to bitcoins before entering the confirmed balance."

    To keep things simple for you, the pool exchanges the nmc into btc and put it into the btc balance. I will have to do some work on the web frontend to make trade exchange rate etc. visible for you.

    If there is someone who really really want's the nmc payed out as they are, i would like to hear some feedback.

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    October 25, 2011, 09:36:42 PM
     #68

    Just noticed that my efficiency has dropped ~1-2% as well. Is this because of merged mining?

    Yes, i can confirm this fact. The pool runs on 97% efficiency compared to non-mm on 99%+.

    I guess, the longpoll on nmc blocks identifies stale shares on the nmc blockchain. It happens more often yet, since the nmc difficulty is still very low.

    The good news is, that these shares should still be valid on the nmc blockchain. I guess the psj engine doesn't make a difference on both chains right now.

    I'am sure we see some more improvements soon!

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    October 25, 2011, 11:01:06 PM
     #69

    If there is someone who really really want's the nmc payed out as they are, i would like to hear some feedback.

    I'm perfectly happy with receiving only bitcoins.

    I guess, the longpoll on nmc blocks identifies stale shares on the nmc blockchain. It happens more often yet, since the nmc difficulty is still very low.

    Interesting.  The thing I noticed was that after merged mining came online, there were significant rejects when moving to a new Bitcoin block.  The Namecoin longpolls don't seem to generate any significant rejects for me.  There was a predictable 10 second period of rejects when moving to a new Bitcoin block (this has now shrunk to only 6 seconds it seems but I have few data points to go on).

    It's a bit upsetting to lose my 99.9% efficiency average but I'll live. Smiley
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    October 25, 2011, 11:17:21 PM
     #70


    Interesting.  The thing I noticed was that after merged mining came online, there were significant rejects when moving to a new Bitcoin block.  The Namecoin longpolls don't seem to generate any significant rejects for me.  There was a predictable 10 second period of rejects when moving to a new Bitcoin block (this has now shrunk to only 6 seconds it seems but I have few data points to go on).

    It's a bit upsetting to lose my 99.9% efficiency average but I'll live. Smiley


    Thanks for your input teukon, i just tweaked some settings on the server. Hope to see some improvements now.

    I'll keep an eye on it.

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    October 26, 2011, 07:38:21 AM
     #71

    My statistics current round: Valid Shares 14,026 Invalid Shares 995 Efficiency 93.38%
    Hm.. I'm using the latest cgminer if it helps.. Any ideas?
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    October 26, 2011, 10:53:18 AM
     #72

    My statistics current round: Valid Shares 14,026 Invalid Shares 995 Efficiency 93.38%
    Hm.. I'm using the latest cgminer if it helps.. Any ideas?


    Ouch!  I didn't realise this stales situation was so sensitive to the end users configuration.  My current round data is:

    Current Speed   Valid Shares   Invalid Shares   Efficiency   
    720.00 MHash/s   8,161   175   97.90%   

    So I've only dropped about 2%.  I'm using phoenix with an aggression of 12 for what it's worth.
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    October 28, 2011, 10:10:02 AM
     #73

    Just some data on the current stales situation.  Excerpts from the output of phoenix on a 350 MH/s miner (times in UTC + 1).

    My miner is now alerted to Namecoin block changes with an impressive 6 new jobs!
    {
    [28/10/2011 10:36:08] Result: 527688f6 accepted               
    [28/10/2011 10:36:19] Result: a2265f38 accepted               
    [28/10/2011 10:36:35] LP: New work pushed                     
    [28/10/2011 10:36:40] LP: New work pushed                     
    [28/10/2011 10:36:40] Currently on block: 24955               
    [28/10/2011 10:36:41] LP: New work pushed                     
    [28/10/2011 10:36:42] LP: New work pushed                     
    [28/10/2011 10:36:43] Result: e6a20530 accepted               
    [28/10/2011 10:36:43] LP: New work pushed                     
    [28/10/2011 10:36:44] LP: New work pushed                     
    [28/10/2011 10:36:55] Result: c7755a8a accepted               
    [28/10/2011 10:37:01] Result: fe495922 accepted               
    }
    As you can see here, there can still be a significant window of rejects.
    {
    [28/10/2011 10:57:57] Result: 6fb45837 accepted               
    [28/10/2011 10:58:09] Result: 9b264748 accepted               
    [28/10/2011 10:58:18] LP: New work pushed                     
    [28/10/2011 10:58:22] Result: 32fc2451 rejected               
    [28/10/2011 10:58:23] LP: New work pushed                     
    [28/10/2011 10:58:23] Currently on block: 24962               
    [28/10/2011 10:58:24] LP: New work pushed                     
    [28/10/2011 10:58:25] LP: New work pushed                     
    [28/10/2011 10:58:26] LP: New work pushed                     
    [28/10/2011 10:58:27] LP: New work pushed                     
    [28/10/2011 10:58:29] LP: New work pushed                     
    [28/10/2011 10:58:33] Result: 14bcb49c accepted               
    [28/10/2011 10:58:35] Result: 309e5bcc accepted               
    }

    The window of rejects when the Bitcoin block changes still exists.
    {
    [28/10/2011 10:43:39] LP: New work pushed                     
    [28/10/2011 10:43:43] Result: 13845b18 rejected               
    [28/10/2011 10:43:43] Result: 0e7d80ea rejected               
    [28/10/2011 10:43:47] Result: 8ee66e58 rejected               
    [28/10/2011 10:43:57] Result: c552249c accepted                           
    }
    {
    [28/10/2011 10:55:49] LP: New work pushed                     
    [28/10/2011 10:55:52] Result: 96c68812 rejected               
    [28/10/2011 10:55:56] Currently on block: 150893             
    }
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    October 28, 2011, 10:33:36 AM
     #74

    I am now running on this pool with under 2% stales. See sig.
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    October 28, 2011, 11:27:17 AM
     #75

    Thanks for your results.

    I'am currently in contact with shadders (poolserverj dev) and gathering log files atm.

    Keep you informed if got an update.

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    October 28, 2011, 11:49:34 AM
     #76

    I am now running on this pool with under 2% stales. See sig.

    I'm glad you've managed this.  It would have been a shame if your monsterous hashing power was taking a 4-5% hit.  I've been working pretty hard on my stales and my average for this round is 1.67% (only 8000 shares though) so until there's a change to the server software I doubt either of us will be able to do much better.

    Thanks for your results.

    I'am currently in contact with shadders (poolserverj dev) and gathering log files atm.

    Keep you informed if got an update.

    Excellent.  I hope this is not interfering too much with the plan to start using DGM for the Namecoin block rewards at the start of November.
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    October 28, 2011, 04:04:21 PM
     #77

    I am now running on this pool with under 2% stales. See sig.

    I'm glad you've managed this.  It would have been a shame if your monsterous hashing power was taking a 4-5% hit.  I've been working pretty hard on my stales and my average for this round is 1.67% (only 8000 shares though) so until there's a change to the server software I doubt either of us will be able to do much better.

    Thanks for your results.

    I'am currently in contact with shadders (poolserverj dev) and gathering log files atm.

    Keep you informed if got an update.

    Excellent.  I hope this is not interfering too much with the plan to start using DGM for the Namecoin block rewards at the start of November.

    The problem with higher stale rates and cgminer is hotfixed for now.

    We are now accepting stale shares from NMC chain as a valid share until we have a more advanced solution.

    You find a more detailed and technical discussion here:
    https://bitcointalk.org/index.php?topic=28402.msg597031#msg597031

    A slightly higher amount of stale shares is still a side effect of MM and frequent long polls. Stale rate will stilll decreasing a little bit in future with namecoin difficulty increasing.

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    October 29, 2011, 10:05:39 AM
     #78

    The problem with higher stale rates and cgminer is hotfixed for now.

    We are now accepting stale shares from NMC chain as a valid share until we have a more advanced solution.

    This is fine short-term but if there is a fundamental problem with using cgminer (at least old versions of) for merged mining then ultimately the people using such software need to feel the sting of their inefficiency.  People that will try different mining software and will try to configure it so as to reduce stales should be appropriately rewarded.  If cgminer is the only option for a user (for whatever reason) then they will simply have to live with the stales.

    I can offer help to anyone at this pool trying to use phoenix.
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    October 29, 2011, 10:08:19 AM
     #79

    Does anyone know what happened at the pool recently?  The pool's hashrate and estimated payout graphs both flatlined for a few hours.
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    October 29, 2011, 10:22:08 AM
     #80

    Does anyone know what happened at the pool recently?  The pool's hashrate and estimated payout graphs both flatlined for a few hours.


    It seems like bitcoind got stuck in middle about 9 hours ago. Fixed it with server restart. If it happens again, i will take a more detailed look into it.

    Currently finishing DGM on NMC blockchain, if all goes fine, it will go live today.

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    October 29, 2011, 06:34:15 PM
     #81

    In order to support Merged Mining and get a fair reward of namecoin blocks we did major updates on the pool:

    - Loyality Payout has been done and the feature is now removed
    - Therefore all upcomming NMC earnings are distributed on Double Geometric Method just like BTC
    - NMC earnings are automatically converted into BTC on current exchange rates and put into the payout queue
    - All stats are independent for each chain (BTC & NMC) in the frontend
    - According charts will be updated soon

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    October 29, 2011, 06:51:35 PM
     #82

    In order to support Merged Mining and get a fair reward of namecoin blocks we did major updates on the pool:

    - Loyality Payout has been done and the feature is now removed
    - Therefore all upcomming NMC earnings are distributed on Double Geometric Method just like BTC
    - NMC earnings are automatically converted into BTC on current exchange rates and put into the payout queue
    - All stats are independent for each chain (BTC & NMC) in the frontend
    - According charts will be updated soon

    Not to mention that stales are lower than ever!!! I am running under .1% since I repointed the farm earlier today. Smiley
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    October 29, 2011, 07:13:08 PM
     #83

    In order to support Merged Mining and get a fair reward of namecoin blocks we did major updates on the pool:

    - Loyality Payout has been done and the feature is now removed
    - Therefore all upcomming NMC earnings are distributed on Double Geometric Method just like BTC
    - NMC earnings are automatically converted into BTC on current exchange rates and put into the payout queue
    - All stats are independent for each chain (BTC & NMC) in the frontend
    - According charts will be updated soon

    Awesome!

    What's the current plan for the transaction fee rewards?
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    October 29, 2011, 07:15:13 PM
     #84

    In order to support Merged Mining and get a fair reward of namecoin blocks we did major updates on the pool:

    - Loyality Payout has been done and the feature is now removed
    - Therefore all upcomming NMC earnings are distributed on Double Geometric Method just like BTC
    - NMC earnings are automatically converted into BTC on current exchange rates and put into the payout queue
    - All stats are independent for each chain (BTC & NMC) in the frontend
    - According charts will be updated soon

    Awesome!

    What's the current plan for the transaction fee rewards?


    Yes of course:

    The method handles transaction fees as is as long as you determine B correctly. It needs to be the total block reward corresponding to a share's getwork.

    Did some homework after Meni's feedback, in order to determine B (block reward + transaction fees) correctly when a share was submitted:

    bitcoind version 0.5 will get a "getmemorypool" call, which is capable to get the btc amount of transaction fees, if the current network block would be solved at that moment.

    So the distribution of transaction fees will be included into DGM on yourbtc.net as soon as it's technically possible.

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    October 29, 2011, 07:23:28 PM
     #85

    In order to support Merged Mining and get a fair reward of namecoin blocks we did major updates on the pool:

    - Loyality Payout has been done and the feature is now removed
    - Therefore all upcomming NMC earnings are distributed on Double Geometric Method just like BTC
    - NMC earnings are automatically converted into BTC on current exchange rates and put into the payout queue
    - All stats are independent for each chain (BTC & NMC) in the frontend
    - According charts will be updated soon

    Great Chris! I just adjusted my donation rate in order to appreciate your efforts.
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    October 29, 2011, 07:39:24 PM
     #86

    Did some homework after Meni's feedback, in order to determine B (block reward + transaction fees) correctly when a share was submitted:

    bitcoind version 0.5 will get a "getmemorypool" call, which is capable to get the btc amount of transaction fees, if the current network block would be solved at that moment.

    So the distribution of transaction fees will be included into DGM on yourbtc.net as soon as it's technically possible.

    Yep, I read this and appreciate the problem.  I just wondered what do you plan to do with the transaction fee rewards between now and when bitcoind 0.5 comes out?
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    October 29, 2011, 08:07:58 PM
     #87

    Not sure yet, if you have any suggestions let me know.

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    October 29, 2011, 11:08:51 PM
     #88

    Not sure yet, if you have any suggestions let me know.

    I don't have any good suggestions.  What I would do is to include the transaction fee rewards with the blocks for now and begin to scale the share values appropriately once bitcoind 0.5 comes out.  This means that the pool will be less than perfect on the pool hopping front for now but instinct tells me that it's a big improvement over the loyalty bonus approach.

    Perhaps Meni has some better ideas.
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    October 30, 2011, 10:36:12 AM
     #89

    Also, I'm a little confused about how block generation works so I'll lay down my current understanding.  Feel free to correct me.

    Each new job is basically a header containing, among other things, a list of transactions to be verified.  This means that the "block reward + transaction fees" as far as a miner of this pool sees them will only change when new work is pushed.  Consequently, the pool would only need to find the total transaction fees for each of the jobs it sends out and not the transaction fees currently up for grabs on the network when a share is submitted.

    A competing pool could react to new transactions by compiling and sending out new jobs more frequently (perhaps whenever it can increase the block reward + transaction fee by 0.1 BTC).  The shares at a pool would consequently be more valuable on average and so they could offer higher income for their miners.
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    October 30, 2011, 11:32:04 AM
     #90

    Not sure yet, if you have any suggestions let me know.

    I don't have any good suggestions.  What I would do is to include the transaction fee rewards with the blocks for now and begin to scale the share values appropriately once bitcoind 0.5 comes out.  This means that the pool will be less than perfect on the pool hopping front for now but instinct tells me that it's a big improvement over the loyalty bonus approach.

    Perhaps Meni has some better ideas.
    I find it odd that with the current version one can't get the block reward. As a temporary measure until the new version I'd do one of the following:
    1. If "Transaction fees are paid" is not important for the pitch, I'd just keep them.
    2. If it is, base all score calculation on B=50. When a block is found, in addition to the payment specified by the method, pay the transaction fees for the block to participants in proportion to their score.

    Each new job is basically a header containing, among other things, a list of transactions to be verified.  This means that the "block reward + transaction fees" as far as a miner of this pool sees them will only change when new work is pushed.  Consequently, the pool would only need to find the total transaction fees for each of the jobs it sends out and not the transaction fees currently up for grabs on the network when a share is submitted.
    Yes, except that only the Merkle root of the transaction list is in the header, not the entire list.

    A competing pool could react to new transactions by compiling and sending out new jobs more frequently (perhaps whenever it can increase the block reward + transaction fee by 0.1 BTC).  The shares at a pool would consequently be more valuable on average and so they could offer higher income for their miners.
    Yes, if transaction fees are rapidly changing, the pool (and, in a proper scoring method, the miners) are incentivized to work on an up-to-date header with higher fees. This should be balanced with the resource cost of frequently pushing work.

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    October 30, 2011, 12:15:24 PM
     #91

    A competing pool could react to new transactions by compiling and sending out new jobs more frequently (perhaps whenever it can increase the block reward + transaction fee by 0.1 BTC).  The shares at a pool would consequently be more valuable on average and so they could offer higher income for their miners.
    Yes, if transaction fees are rapidly changing, the pool (and, in a proper scoring method, the miners) are incentivized to work on an up-to-date header with higher fees. This should be balanced with the resource cost of frequently pushing work.

    Ah good.

    So, in the long run (assuming Bitcoin bitcoin becomes large and transaction fees become the primary incentive to mine) then the profitability of mining will fluctuate significantly on a minute by minute basis.  Miners could then start hopping the PPS pools (provided they are still alive) and true 24-7 mining will disappear.  I wonder what miners will then do to limit the wear on their equiptment, particularly considering that the hardware may be Bitcoin mining specific.

    Of course, this is hardly significant at this stage but it's nice to get the mathematics right.
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    October 30, 2011, 01:09:59 PM
     #92

    A competing pool could react to new transactions by compiling and sending out new jobs more frequently (perhaps whenever it can increase the block reward + transaction fee by 0.1 BTC).  The shares at a pool would consequently be more valuable on average and so they could offer higher income for their miners.
    Yes, if transaction fees are rapidly changing, the pool (and, in a proper scoring method, the miners) are incentivized to work on an up-to-date header with higher fees. This should be balanced with the resource cost of frequently pushing work.

    Ah good.

    So, in the long run (assuming Bitcoin bitcoin becomes large and transaction fees become the primary incentive to mine) then the profitability of mining will fluctuate significantly on a minute by minute basis.  Miners could then start hopping the PPS pools (provided they are still alive) and true 24-7 mining will disappear.  I wonder what miners will then do to limit the wear on their equiptment, particularly considering that the hardware may be Bitcoin mining specific.

    Of course, this is hardly significant at this stage but it's nice to get the mathematics right.
    In the future, PPS pools won't be literally "specified payment per share", but rather "specified fraction of share's value per share". That is, pB(1-f) given immediately per share where f is known and fixed, p changes every two weeks and B is variable.

    If the thermal cycle cost is higher than the electricity cost, and there are really no other profitable things to do, they will probably keep mining 24/7 after all.

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    October 30, 2011, 01:58:41 PM
     #93

    In the future, PPS pools won't be literally "specified payment per share", but rather "specified fraction of share's value per share". That is, pB(1-f) given immediately per share where f is known and fixed, p changes every two weeks and B is variable.

    Agreed.  By PPS I was referring to a fixed amount per share.  I agree that a variable share value would make sense and that this could well be considered PPS (the miner has variance no worse than that forced by share difficulty and the pool takes the risk for a fee).  I have a similar ambiguity/confusion problem with the term PPLNS.  Ah well.

    If the thermal cycle cost is higher than the electricity cost, and there are really no other profitable things to do, they will probably keep mining 24/7 after all.

    True but that's an interesting 'if'.  There are many ways the market might address this oscillation.
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    October 31, 2011, 10:25:12 AM
     #94

    Is something wrong with the site? My hashrate is stuck at Hashrate: 1.46 GHash/s. Hm... it seems to me top 20 is also frozen. Is it just me?
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    October 31, 2011, 10:32:57 AM
     #95

    Is something wrong with the site? My hashrate is stuck at Hashrate: 1.46 GHash/s. Hm... it seems to me top 20 is also frozen. Is it just me?

    The pool server is accepting shares but it looks like one of the jobs for calculating the hash rate is stuck. Just keep mining and I'll ping urstroyer on IRC.
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    October 31, 2011, 12:16:25 PM
     #96

    Backround script for share calculation messed up.

    Its running smooth again. Every submitted share was credited, no worries. Got some blocks!

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    October 31, 2011, 07:01:32 PM
     #97

    Backround script for share calculation messed up.

    Its running smooth again. Every submitted share was credited, no worries. Got some blocks!

    I'm glad to see things seem to be back to normal.

    However, Namecoin block 25574 was remarkably unlucky (1304912 shares all at difficulty 156504.39 puts this block in the top 0.024% of unlucky blocks).  Of course, such poor luck can happen but such an extreme example occuring at the same time as the reward system was changed and the pool was having problems with stats is too much to ignore.

    Have you checked for any missing Namecoin blocks?  Do you keep a log of the nonces for shares (or is such a log automatically kept by PoolServerJ)?
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    October 31, 2011, 07:32:22 PM
     #98


    I'm glad to see things seem to be back to normal.

    However, Namecoin block 25574 was remarkably unlucky (1304912 shares all at difficulty 156504.39 puts this block in the top 0.024% of unlucky blocks).  Of course, such poor luck can happen but such an extreme example occuring at the same time as the reward system was changed and the pool was having problems with stats is too much to ignore.

    Have you checked for any missing Namecoin blocks?  Do you keep a log of the nonces for shares (or is such a log automatically kept by PoolServerJ)?


    While I agree the circumstances are a bit unusual, I have had multiple dealings with urstroyer and know that he is doing everything in his power to make sure the pool runs smoothly and wants the pool to succeed. Smiley
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    October 31, 2011, 08:05:42 PM
     #99

    This very long round could be a result of a bug at recent psj release which only affected nmc blockchain.
    See this post here: https://bitcointalk.org/index.php?topic=33142.msg599834#msg599834

    If there was a technical issue, it's clearly fixed now.

    Payed out 20 BTC on my own and several nmc blocks found before frontend was finished (transaction loyality bonus). I think it should cover it really well.

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    October 31, 2011, 08:58:11 PM
     #100

    While I agree the circumstances are a bit unusual, I have had multiple dealings with urstroyer and know that he is doing everything in his power to make sure the pool runs smoothly and wants the pool to succeed. Smiley

    To be sure, I do not doubt urstroyer's integrity one whit.  I only meant to highlight what is almost certainly a technical problem.  I care far more about the reputation and apparent professionalism of the pool than I do about any personal lost income.

    I'm glad it appears to be fixed and hope that this pool proves itself solid in the next few weeks.
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    November 01, 2011, 12:22:12 PM
     #101

    Wow!!! We just knocked down two blocks in 30 minutes!  Grin

    Let's keep'em coming.
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    November 01, 2011, 01:56:41 PM
     #102

    Wow!!! We just knocked down two blocks in 30 minutes!  Grin

    Let's keep'em coming.

    Very kind of you to use the word "We" there. Wink
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    November 01, 2011, 02:04:22 PM
     #103


    Very kind of you to use the word "We" there. Wink


    Every share helps. Smiley
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    November 01, 2011, 02:32:52 PM
     #104


    Very kind of you to use the word "We" there. Wink


    Every share helps. Smiley

    We may end up getting a few more shares in the near future.  RFCPool.com has just closed and this small pool was PPLNS.  I doubt all of these miners are going to suddenly change to PPS+fee or Proportional.  However, I expect many will be looking specifically for PPLNS and so will go to mineco.in or simplecoin.us rather than here.

    Ah well, there's always hope.
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    November 01, 2011, 07:20:51 PM
     #105

    Registration still open until the pool reaches 100 Ghash/s.

    Thats the point were i have to figure out if current donations are enough to compensate the risk i'am taking to keep paying rewards if pool runs unlucky.

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    November 02, 2011, 12:24:54 AM
     #106

    Registration still open until the pool reaches 100 Ghash/s.

    Thats the point were i have to figure out if current donations are enough to compensate the risk i'am taking to keep paying rewards if pool runs unlucky.

    If you are running into problems with pool risk at large hashrates then perhaps you can tweak the parameters of DGM (making it more PPLNS like) so that you have less risk.

    I would imagine that a fee should be brought in at some point and it should be done purely to pay for server costs and for your time.  At the moment you (and arguably gigavps) are providing a free service and you're simply not going to be able to sustain this on donations alone.
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    November 02, 2011, 05:13:54 AM
     #107

    Can someone explain why the risk is greater for urstroyer at higher hashrates? Just because there are more members and if the pool gets unlucky then a percentage of the payout comes from his pocket (which could be a large amount if we are going through lots of blocks)?

    Sorry, I'm still catching up on the mathematics of all of this  Wink

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    November 02, 2011, 05:16:06 AM
     #108

    Also, at the current rate, are you breaking even with a 2% donation from miners or would that need to be increased?

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    November 02, 2011, 08:48:54 AM
     #109

    and it should be done purely to pay for server costs and for your time.
    I disagree. A fee should also be taken for the risk. It doesn't have to be a high fee if planned properly.

    Can someone explain why the risk is greater for urstroyer at higher hashrates? Just because there are more members and if the pool gets unlucky then a percentage of the payout comes from his pocket (which could be a large amount if we are going through lots of blocks)?
    Yes, that's basically it. With more miners there's more money passed around and more to lose if the pool gets unlucky. More formally, the variance of the number of blocks found is proportional to the hashrate. But the relative variance is inversely proportional to the hashrate, so with proper planning more hashrate is a good thing.

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    November 02, 2011, 11:27:11 AM
     #110

    Also, at the current rate, are you breaking even with a 2% donation from miners or would that need to be increased?

    If you check out http://yourbtc.net/content/overview-bitcoin you'll see that the actual donation is much less than 2%.

    and it should be done purely to pay for server costs and for your time.
    I disagree. A fee should also be taken for the risk. It doesn't have to be a high fee if planned properly.

    I don't doubt that, for DGM, the best approach in the long term would be to change a fee to offset the intrinsic pool operator risk.  In the reasonably short term (order months - sorry I wasn't clear) I think it will be tough for a small pool that needs income to survive.  In this context it might make sense to start requiring a fee but I feel such a fee should be used as efficiently as possible.  I'd rather see it all spent on the server and operator's time and have the parameters of DGM tweaked so that the risk is covered by donations.  This will mean higher share variance for a lower fee and I must admit I'm biased towards such models.

    That said, if this pool started charging a fee to offset pool operator risk I'd still continue to use it so I'm probably best ignored. Smiley
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    November 02, 2011, 06:17:14 PM
     #111

    Also, at the current rate, are you breaking even with a 2% donation from miners or would that need to be increased?

    If you check out http://yourbtc.net/content/overview-bitcoin you'll see that the actual donation is much less than 2%.

    But isn't that just because some of you have changed your donation to 0%? Smiley

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    November 03, 2011, 09:57:32 PM
     #112

    After a few days, it is safe to say, that merged mining implementation works really well.

    Already over 20 nmc blocks where found, distributed on double geometric method and converted to btc for payout. This should be a nice boost for your mining rewards.

    We recently added luck graphs for each blockchain, if you are interested:
    https://yourbtc.net/content/luck-bitcoin
    https://yourbtc.net/content/luck-namecoin

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    November 04, 2011, 02:49:02 AM
     #113

    After a few days, it is safe to say, that merged mining implementation works really well.

    Already over 20 nmc blocks where found, distributed on double geometric method and converted to btc for payout. This should be a nice boost for your mining rewards.

    We recently added luck graphs for each blockchain, if you are interested:
    https://yourbtc.net/content/luck-bitcoin
    https://yourbtc.net/content/luck-namecoin

    I've just seen some of the changes to the site and everything looks good to me.  Well, to be honest, I still think "Estimated Payout" and "Estimated Payout next Block" are incorrect labels but it seems I'm the only one that has a problem with this so I'll just let it go.  Changing all the "Invalid" to "Efficiency" is much appreciated, consistency is good. Smiley

    The luck graph with 20 entries seem fine to me.  I think the luck graphs are a very useful element of the site and are good for people scouting for new sites to see at a glance that the site is working fine.

    The pool seems to be settling down nicely after the upheaval of merged mining.  The only minor problem I see now is that the site is down.  Other than that everything looks good. Tongue
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    November 05, 2011, 06:42:45 AM
     #114

    Looks like the pool is down again; website is unreachable and all my workers are on the backup pool.
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    November 05, 2011, 06:46:22 AM
     #115

    Looks like the pool is down again; website is unreachable and all my worker are on the backup pool.

    yep Sad pool is down about 2 hours already... urstroyer, please, investigate stability issues.
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    November 05, 2011, 08:31:35 AM
     #116

    Looks like the pool is down again; website is unreachable and all my worker are on the backup pool.

    yep Sad pool is down about 2 hours already... urstroyer, please, investigate stability issues.

    Server is up and running again, sorry for the outage.

    I identified the possible source of the problem and will report back soon.

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    November 05, 2011, 05:52:47 PM
     #117

    Also this week here are some exciting news for you:

    - BTC block and converted NMC payments are now combined and send as one payment instead of two.
    - E-Mail notifications about BTC payments can be disabled by every pool member (enabled by default).
    - Added FAQ content for more information about how payment for both Bitcoin and Namecoin work.
    - Lots of other cosmetic improvements and bugfixes on the web frontend.

    Promise: I won't get lazy now, still a load of new features incomming over the next weeks!

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    November 06, 2011, 02:41:40 AM
     #118

    Some minor points on the charts:

    - Credit History charts still have an old "Estimated Payout" label at the bottom.
    - The geomap occasionally displays the figures on the colour key to a large number of decimal places.
    - Credit History charts need a scale on the x-axis.
    - The Namecoin luck chart could do with labels for the scale on the y-axis.
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    November 06, 2011, 05:27:36 PM
     #119

    Urstroyer?  Have you considered asking for this pool to be added to the pool comparison table discussed here: https://bitcointalk.org/index.php?topic=12920.0?

    I've come across this at several points in the past and it appears to be actively maintained.  I think yourbtc.net would look pretty good on this list and its inclusion may attract a few more miners.

    Just a thought.
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    November 06, 2011, 08:26:17 PM
     #120

    Some minor points on the charts:

    - Credit History charts still have an old "Estimated Payout" label at the bottom.
    - The geomap occasionally displays the figures on the colour key to a large number of decimal places.
    - Credit History charts need a scale on the x-axis.
    - The Namecoin luck chart could do with labels for the scale on the y-axis.


    All issues fixed.

    Can't reproduce the large number of decimal places on our geomap. If it happens again, it would be great if you could take a screenshot for me.

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    November 06, 2011, 09:55:37 PM
     #121

    Some minor points on the charts:

    - Credit History charts still have an old "Estimated Payout" label at the bottom.
    - The geomap occasionally displays the figures on the colour key to a large number of decimal places.
    - Credit History charts need a scale on the x-axis.
    - The Namecoin luck chart could do with labels for the scale on the y-axis.


    All issues fixed.

    Can't reproduce the large number of decimal places on our geomap. If it happens again, it would be great if you could take a screenshot for me.

    I will if I see it again.
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    November 07, 2011, 02:28:01 AM
     #122

    I've noticed the server has been going down rather frequetly recently.  I remember not long ago I managed to fill my hashrate graph with solid mining (save one barely detectable blip) but now there are a bunch of spikes to 0, some a full hour wide!

    Any idea on the cause?
    ocminer
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    November 07, 2011, 10:56:59 PM
     #123

    Its "ok" for me, just some minor downtimes where cgminer automatically switches over to deepbit:



    suprnova pools - reliable mining pools - #suprnova on freenet
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    November 08, 2011, 05:29:51 AM
     #124

    as far as I can observe downtime happens when new block is found Smiley
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    November 08, 2011, 11:31:40 AM
     #125

    From the site:

    Quote from: urstroyer
    Sorry, have been really busy the last couple of days. Here is a statement in short: under certan circumstances the server doesn't respond anymore (workaound server restart), i'am looking for a fix today.

    Quote from: urstroyer
    As many of you noticed we experienced small outages of our poolserver in random intervals recently.

    We are looking forward to fix this issue with an upgrade to PoolserverJ 0.4 today at 06:00pm (GMT+1).
    The downtime window for the upgrade will be pretty small, just a couple of minutes.

    I take this to mean that the problem is in software rather than hardware.  The new version of PoolServerJ 0.4 is much more than just a few patches and bugfixes.  See https://bitcointalk.org/index.php?topic=51226.0 for a full list of new features.

    Best of luck with the upgrade urstroyer.  I'll be watching my stales, new jobs, uptime, et cetera like a hawk when this is put into place.  I hope this will help squash any last minute bugs and/or configuration issues as quickly as possible.
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    November 08, 2011, 04:07:27 PM
     #126

    teukon,

    touch wood, the 0.4.0 upgrade should be smoother than previous ones.  The merged mining implementation touched pretty much every part of poolserverj's internal due the major refactoring required.  The additional features in 0.4.0 are built on top of the merged mining code and each feature is very much more self contained in it's own part of the code and tested in isolation from the other features whereas merged mining had to be done in one massive change then all parts of the code tested.  Also these were no where near as rushed as merged mining so have had an awful lot more testing on my local test environment before I committed them.  But as I said... touch wood.  Wink

    PoolServerJ Home Page - High performance java mining pool engine

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    November 08, 2011, 05:56:48 PM
     #127

    PoolserverJ v0.4 didn't love me today Cry Update will be scheduled to tomorrow, if shadders can help here.

    Code:
    /poolserverj-0.4.0rc1/bin# java -classpath poolserverj.jar:../lib/*:../lib/lib_non-maven/*:../lib/plugins com.shadworld.poolserver.servicelauncher.PoolServerService start ../conf/local-daemon-mm.properties
    Args - [2]: start ../conf/local-daemon-mm.properties
    PoolServerJ Service Starting Tue Nov 08 18:30:58 CET 2011
    [18:30:58.816] user.dir: /****/poolserverj-0.4.0rc1/bin
    [18:30:58.817] Home path set to: /****/poolserverj-0.4.0rc1/bin/poolserverj.jar
    [18:30:58.817] Home directory set from jar file location to: /****/poolserverj-0.4.0rc1
    #####################################################################
    ###                PLEASE READ THIS                               ###
    ###                                                               ###
    ### PoolServerj contains the capability to send donations via     ###
    ### the coinbase transaction.  The provided sample properties     ###
    ### file is configured to send a small donation to the            ###
    ### poolserverj developer.  You can remove this if you want to.   ###
    ###                                                               ###
    ### This warning is intended to ensure you are aware that it      ###
    ### exists and will not appear again once you acknowlege it.      ###
    ###                                                               ###
    ### If you have read this warning and would like to continue      ###
    ### please indicate that you agree you are aware of the default   ###
    ### donation by typing 'I agree' at the prompt.                   ###
    #####################################################################

    Do you agree that you are aware of the default donation? : I agree
    [18:31:00.969] Failed to read from console
    java.io.IOException: No such file or directory
            at java.io.UnixFileSystem.createFileExclusively(Native Method)
            at java.io.File.createNewFile(File.java:883)
            at com.shadworld.poolserver.conf.Conf.doDonationWarning(Conf.java:298)
            at com.shadworld.poolserver.conf.Conf.update(Conf.java:263)
            at com.shadworld.poolserver.conf.Conf.init(Conf.java:189)
            at com.shadworld.poolserver.conf.Conf.init(Conf.java:175)
            at com.shadworld.poolserver.PoolServer.<init>(PoolServer.java:113)
            at com.shadworld.poolserver.servicelauncher.PoolServerService.start(PoolServerService.java:98)
            at com.shadworld.poolserver.servicelauncher.PoolServerService.windowsService(PoolServerService.java:58)
            at com.shadworld.poolserver.servicelauncher.PoolServerService.main(PoolServerService.java:28)

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    November 08, 2011, 07:55:56 PM
     #128

    hmmm, I wonder if this is a bug of some sort. I am working on installing the new version today as well and I am getting the same exact error

    it's kind of strange because everything looks right

    let me know if you figure out the problem and I will do the same..

    thanks Smiley
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    November 08, 2011, 08:03:12 PM
     #129

    hmmm, I wonder if this is a bug of some sort. I am working on installing the new version today as well and I am getting the same exact error

    it's kind of strange because everything looks right

    let me know if you figure out the problem and I will do the same..

    thanks Smiley

    Good to hear, i'am not alone in this Cheesy

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    November 09, 2011, 02:51:32 PM
     #130

    I am glad to see the pool is growing.  Grin

    How do we get more miners to come over?
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    November 09, 2011, 10:00:51 PM
     #131

    The pool has to run 100% flawless before more miners will come over...

    suprnova pools - reliable mining pools - #suprnova on freenet
    https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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    November 09, 2011, 11:10:55 PM
     #132

    The pool has to run 100% flawless before more miners will come over...

    Not sure if you are new miner or not. If so, I am happy that you came over.  Cheesy

    I know urstroyer has setup a "test" server to try out 0.4 of psj. I will help him test it with my hashing power to make sure it is working smoothly before moving over to the main pool server. If you have any other suggestions, let's get them over to urstroyer so he can implement.

    I have also recommend he use monit to monitor the different services on the server and restart them if necessary. Hopefully this will be implemented soon.

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    November 10, 2011, 09:34:23 AM
     #133

    The pool has to run 100% flawless before more miners will come over...

    Agreed.  With an average 3 outages a day over the last week I'd expect people to be leaving this pool in droves.  Given the fierce competition out there between the pools one can't expect a near future promise of stability to last for long.
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    November 10, 2011, 04:08:32 PM
     #134

    It seems all pools have this problem in the beginning.  Lord knows my pool was bouncing like a ball on occasion when I first started it up. 

    If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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    November 10, 2011, 05:37:41 PM
     #135

    The pool has to run 100% flawless before more miners will come over...

    Agreed.  With an average 3 outages a day over the last week I'd expect people to be leaving this pool in droves.  Given the fierce competition out there between the pools one can't expect a near future promise of stability to last for long.


    Just ordered a REALLY nice new server for loads of new capacity, those outages will be history soon. This is a really expensive one but you are worth the money!

    ocminer
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    November 10, 2011, 10:40:06 PM
     #136

    Nice to read, I'll up my donations a bit to help you out :-)


    suprnova pools - reliable mining pools - #suprnova on freenet
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    November 11, 2011, 12:56:44 AM
     #137

    The pool has to run 100% flawless before more miners will come over...

    Agreed.  With an average 3 outages a day over the last week I'd expect people to be leaving this pool in droves.  Given the fierce competition out there between the pools one can't expect a near future promise of stability to last for long.


    Just ordered a REALLY nice new server for loads of new capacity, those outages will be history soon. This is a really expensive one but you are worth the money!

    Awesome!  Have fun with the upgrade (it's always satisfying to work with new hardware).


    Nice to read, I'll up my donations a bit to help you out :-)

    I was particularly impressed to see that the pending donation is nearly 1% of the pending payout, a huge improvement (not long ago it was only 0.3%).
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    November 11, 2011, 01:29:13 PM
     #138

    Take a look at my new profile pic...

    TWMZ has been kind enough to add profile pic sizes in addition to the sig bar version. In your sig bar url, change /sig/ to /avatar/ and you get the new version.

    Now go off and promote the pool!  Grin
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    November 11, 2011, 02:08:34 PM
     #139

    Take a look at my new profile pic...

    TWMZ has been kind enough to add profile pic sizes in addition to the sig bar version. In your sig bar url, change /sig/ to /avatar/ and you get the new version.

    Now go off and promote the pool!  Grin

    Have a look at my avatar too! :-D gigasvps, congrats on the first building rig place! Wink
    jamesg
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    November 11, 2011, 02:16:13 PM
     #140

    Take a look at my new profile pic...

    TWMZ has been kind enough to add profile pic sizes in addition to the sig bar version. In your sig bar url, change /sig/ to /avatar/ and you get the new version.

    Now go off and promote the pool!  Grin

    Have a look at my avatar too! :-D gigasvps, congrats on the first building rig place! Wink

    Thanks. I donated my prize to shadders for his work on poolserverj.
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    November 12, 2011, 02:27:30 AM
     #141

    Looks like the pool has hit a new milestone. 150Gh!! 175Gh  Grin

    Welcome all new miners and thanks for being a part of the pool.
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    November 12, 2011, 07:41:06 AM
     #142

    Thanks. I donated my prize to shadders for his work on poolserverj.

    and he loves you for it... not often I get donations direct from miners.  I guess psj is kind of below the radar for most miners which is kinda funny since it's actually their point of contact with the pool.

    PoolServerJ Home Page - High performance java mining pool engine

    MineZzone Zencash mining pool: Site / Support thread - PPLNT - 0% fee until 30th June - Stability and orphans sorted!!!

    Quote from: Matthew N. Wright
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    November 12, 2011, 10:38:37 AM
     #143

    and he loves you for it... not often I get donations direct from miners.  I guess psj is kind of below the radar for most miners which is kinda funny since it's actually their point of contact with the pool.

    This is what happens when you make awesome software!

    Speaking of awesome software, I have been keeping track of my payouts vs.  PPS and since I started mining at the pool, I'm at PPS + 20%!  Cheesy

    So as of right now, I am upping my donations to urstroyer for making such an awesome pool. Thanks!
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    November 12, 2011, 09:47:35 PM
     #144

    We just broke the 200 GH/s barrier today! I wan't to thank all member for this milestone!

    Brand new server is comming up next week and a bunch of new features and improvements were made this week. I'll post a summary tomorrow.

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    November 13, 2011, 12:46:18 AM
     #145

    We just broke the 200 GH/s barrier today! I wan't to thank all member for this milestone!

    Brand new server is comming up next week and a bunch of new features and improvements were made this week. I'll post a summary tomorrow.

    Can't seem to access the website.
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    November 13, 2011, 12:50:31 AM
     #146

    Yeah, seems to be down currently

    Edit: miners down as well

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    November 13, 2011, 02:06:23 AM
     #147

    Heh, I was wondering why my hashrate keeps jumping all around. It seems some people use me as a backup pool to you... so everytime you go down, my hashrate doubles to 250 - 300 GH/s heh

    If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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    November 13, 2011, 02:15:04 AM
     #148

    urstroyer has ordered a bigger server to help with the cpu spikes. He will also be installing monit to monitor and restart services if necessary. Unfortunately, every pool goes through growing pains and we are experiencing one now.

    It's 3am in Germany, so he'll be up in a couple hours to restart the services.

    Even with sporadic downtime, yourbtc is still the best pool around, hence the massive growth it has started to see. IMHO it will be a top ten sticked pool within the week.
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    November 13, 2011, 03:42:05 AM
     #149

    Pool is back online.
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    November 13, 2011, 11:31:53 AM
     #150

    It would now seem that yourbtc.net is a top ten pool. How do we get this tread stickied!  Grin
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    November 13, 2011, 11:52:27 AM
     #151

    It would now seem that yourbtc.net is a top ten pool. How do we get this tread stickied!  Grin

    you wait for DiabloD3, to do the top 10 at his leisure usually every week or so...

    | Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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    November 13, 2011, 01:40:18 PM
     #152

    Why are forum admin or moderator remove signature of yourbtc.net from user profiles like mine?
    I think this is really odd, since other pool signatures are still online.

    Anybody got a clue why this is happening?

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    November 13, 2011, 01:44:32 PM
     #153

    Why are forum admin or moderator remove signature of yourbtc.net from user profiles like mine?
    I think this is really odd, since other pool signatures are still online.

    Anybody got a clue why this is happening?

    https://bitcointalk.org/index.php?topic=51077.0

    | Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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    November 13, 2011, 01:46:31 PM
     #154

    Why are forum admin or moderator remove signature of yourbtc.net from user profiles like mine?
    I think this is really odd, since other pool signatures are still online.

    Anybody got a clue why this is happening?

    https://bitcointalk.org/index.php?topic=51077.0

    Thanks a lot Great!

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    November 14, 2011, 06:55:37 AM
     #155

    Current Server Stability

    As many of you already recognized, we experience some server stability issues recently.

    In order to eliminate those issues whe migrating to a way more powerful server early this week.

    More details will follow up soon. Thanks for your patience!

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    November 14, 2011, 07:25:27 PM
     #156

    I've just gotten back and am glad to see that this pool is doing well (aside from the continuing server instability issue).  Reaching 200 GH/s, if only briefly, was unbelievable.  Does anyone know what caused this spike in hashing power?

    @urstroyer: What's the situation with regard to the correct proportioning of share scores with respect to currently available transaction fees?  I noticed that while merged mining and the new PoolServerJ were being discussed that bitcoind 0.5 was mentioned (I forget where).  Certainly I'm not asking for such a tweak in the near future, I'm merely curious about the current state of affairs.
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    November 14, 2011, 07:39:22 PM
     #157

    I've just gotten back and am glad to see that this pool is doing well (aside from the continuing server instability issue).  Reaching 200 GH/s, if only briefly, was unbelievable.  Does anyone know what caused this spike in hashing power?

    @urstroyer: What's the situation with regard to the correct proportioning of share scores with respect to currently available transaction fees?  I noticed that while merged mining and the new PoolServerJ were being discussed that bitcoind 0.5 was mentioned (I forget where).  Certainly I'm not asking for such a tweak in the near future, I'm merely curious about the current state of affairs.

    As soon as we migrated to the new server (which could be tomorrow) poolserverj will be updated to the newest release and of course bitcoind 0.5.
    When we got that working, the total reward (B) for each submitted share will be block reward + transactionfees that would be incluced if the share would solve the block.

    Eta should be next week!

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    November 14, 2011, 08:14:32 PM
     #158

    As soon as we migrated to the new server (which could be tomorrow) poolserverj will be updated to the newest release and of course bitcoind 0.5.
    When we got that working, the total reward (B) for each submitted share will be block reward + transactionfees that would be incluced if the share would solve the block.

    Eta should be next week!

    Cool!  With such an update I believe it could be argued that yourbtc.net is less hoppable than most existing (possibly all) PPS pools! Smiley
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    November 14, 2011, 11:28:13 PM
     #159

    Err... PPS pools aren't hoppable by nature.  Can you clarify what you mean?  The de facto definition of hoppable is a pool where one can gain a monetary advantage by only submitting shares during a limited time/shares (typically 43.x% or 46.x%, I forget which) window.  While you could hop to and from a PPS pool, it will gain you no advantage.  So while every pool is hoppable, only certain pools will realize an advantage to a hopper.  Those that won't are typically considered unhoppable.  PPS falls into this definition by default.


    If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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    November 15, 2011, 02:34:09 AM
     #160

    Looks like the pool is firing on all cylinders right now!  Grin

    It's so awesome to see this pool go from 10Gh to 150Gh we're running at now.

    Welcome all new miners and thanks for making this pool awesome.
    Meni Rosenfeld
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    November 15, 2011, 06:07:04 AM
     #161

    Err... PPS pools aren't hoppable by nature.  Can you clarify what you mean?  The de facto definition of hoppable is a pool where one can gain a monetary advantage by only submitting shares during a limited time/shares (typically 43.x% or 46.x%, I forget which) window.  While you could hop to and from a PPS pool, it will gain you no advantage.  So while every pool is hoppable, only certain pools will realize an advantage to a hopper.  Those that won't are typically considered unhoppable.  PPS falls into this definition by default.
    In its most general scope, "hoppable" means the relative attractiveness of mining for a pool is different at different times. If the block reward is fixed, PPS isn't hoppable. When block rewards are variable (which they are to some extent now and more so going forward), the attractiveness is measured relatively to the momentary block reward. If a PPS pool literally offers a fixed pay per share, its attractiveness relative to the block reward is constantly changing, and it becomes hoppable - you mine there when the rewards is more than the solo average, and mine elsewhere when it is less. Now it doesn't matter, but in the future a correct PPS pool will always offer a reward of (1-f)pB per share where B is the block reward at the time it was submitted. Other hopping-proof methods can also adapt to this new reality by incorporating the current block reward into the share's score (at the cost of additional variance for the operator). By implementing this now, yourbtc is indeed less hoppable than the currently implemented PPS. (I'm not sure how it is in EMC. I don't know if I emphasized this point when we corresponded about the scoring.)

    See also section "Variable block rewards" of AoBpmrs.

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    November 15, 2011, 04:42:29 PM
     #162

    Err... PPS pools aren't hoppable by nature.  Can you clarify what you mean?  The de facto definition of hoppable is a pool where one can gain a monetary advantage by only submitting shares during a limited time/shares (typically 43.x% or 46.x%, I forget which) window.  While you could hop to and from a PPS pool, it will gain you no advantage.  So while every pool is hoppable, only certain pools will realize an advantage to a hopper.  Those that won't are typically considered unhoppable.  PPS falls into this definition by default.
    In its most general scope, "hoppable" means the relative attractiveness of mining for a pool is different at different times. If the block reward is fixed, PPS isn't hoppable. When block rewards are variable (which they are to some extent now and more so going forward), the attractiveness is measured relatively to the momentary block reward. If a PPS pool literally offers a fixed pay per share, its attractiveness relative to the block reward is constantly changing, and it becomes hoppable - you mine there when the rewards is more than the solo average, and mine elsewhere when it is less. Now it doesn't matter, but in the future a correct PPS pool will always offer a reward of (1-f)pB per share where B is the block reward at the time it was submitted. Other hopping-proof methods can also adapt to this new reality by incorporating the current block reward into the share's score (at the cost of additional variance for the operator). By implementing this now, yourbtc is indeed less hoppable than the currently implemented PPS. (I'm not sure how it is in EMC. I don't know if I emphasized this point when we corresponded about the scoring.)

    See also section "Variable block rewards" of AoBpmrs.

    Yes, this is pretty much all I meant.  Most PPS pools right now pay an amount per share which depends on difficulty but not transaction fee rewards.  This is insignificant in the grand scheme of things right now, I just thought it was interesting.

    Also, I've always used "hoppable" with reference to solo mining rather than the PPS reward system or as a general relative property.
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    November 15, 2011, 08:34:59 PM
     #163

    New STABLE server is online!

    Please connect your miner to:
    mining.yourbtc.net:8999

    The website and domain will move to the new server end of this week.

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    November 15, 2011, 09:06:57 PM
     #164

    Looks like yourbtc.net is climbing the ranks, we're the #8 pool by blocks found -> http://blockchain.info/pools?timespan=4days
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    November 15, 2011, 11:57:37 PM
     #165

    Looks like yourbtc.net is climbing the ranks, we're the #8 pool by blocks found -> http://blockchain.info/pools?timespan=4days

    I see us as #5 on the "4 days" chart and #4 on the "24 hour" chart; serious business!

    I'm happy to report that the new server seems to be running fine for me.  Time will tell if this solves the server instability issue.
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    November 16, 2011, 12:06:34 AM
     #166

    Looks like yourbtc.net is climbing the ranks, we're the #8 pool by blocks found -> http://blockchain.info/pools?timespan=4days

    I see us as #5 on the "4 days" chart and #4 on the "24 hour" chart; serious business!

    I'm happy to report that the new server seems to be running fine for me.  Time will tell if this solves the server instability issue.


    urstroyer has promised me that he is setting up monit to automatically restart any services that start using so much ram, cpu or can't be reached for whatever reason. This should solve 98% of stability issues as the server should be able to monitor itself.
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    November 16, 2011, 12:24:12 AM
     #167

    urstroyer has promised me that he is setting up monit to automatically restart any services that start using so much ram, cpu or can't be reached for whatever reason. This should solve 98% of stability issues as the server should be able to monitor itself.

    This could be very helpful indeed.  It looks like urstroyer is being presented with an opportunity to become the operator of an established "big pool" and he's not wasting it.

    Good luck urstroyer!
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    November 16, 2011, 05:23:43 AM
     #168

    The website and domain will move to the new server end of this week.
    Is it really a good idea to have the pool and the website on the same server?

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    November 16, 2011, 07:09:06 AM
     #169

    The website and domain will move to the new server end of this week.
    Is it really a good idea to have the pool and the website on the same server?

    This is a rhetorical question, isn't it?
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    November 16, 2011, 08:27:07 AM
     #170

    The website and domain will move to the new server end of this week.
    Is it really a good idea to have the pool and the website on the same server?
    This is a rhetorical question, isn't it?
    It's about 80% rhetorical. I don't know the first thing about web service administration and I'm not qualified to make any assertive statement.

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    November 16, 2011, 02:11:07 PM
     #171

    Server Migration completed.

    * your miner on yourbtc.net:8999 will be redirected to our new server now
    * webserver and poolserver are kept seperated

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    November 16, 2011, 03:23:06 PM
     #172

    It's not rhetorical and the answer is an emphatic no.  It is not a good idea for a number of reasons, but most importantly from a security standpoint.  The web site has a much larger attack surface than the pool server.  When they are both on the same box, a compromise on one is automatically means the other is compromised.  When they are split, your pool is still secure, even if the website isn't.

    Additionally, if you need to take the website down for whatever reason (breach, upgrade, failure), the pool will stay up.  It's one of the reasons EclipseMC has such stability - even if the website gets munged, the pool keeps running.  There's a lot less to go wrong with the pool server as well.




    If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
    ocminer
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    November 16, 2011, 10:26:37 PM
     #173

    So I don't have to change anything to miner.yourbtc.net ?

    suprnova pools - reliable mining pools - #suprnova on freenet
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    November 16, 2011, 11:55:29 PM
     #174

    Looks like yourbtc.net is climbing the ranks, we're the #8 pool by blocks found -> http://blockchain.info/pools?timespan=4days

    I see us as #5 on the "4 days" chart and #4 on the "24 hour" chart; serious business!

    I'm happy to report that the new server seems to be running fine for me.  Time will tell if this solves the server instability issue.


    Just so you know, that chart is wildly inaccurate, so don't put too much stock into it.  blockchain.info doesn't get the blocks found correctly and incorrectly attribute blocks to different IPs/pools that they didn't find.  For example, you can see the last 3 or 4 blocks in my pool are attributed to Alaska Pool, somewhere in Nigeria and some unknown IPs.  The last few blocks for yourbtc.net show up as various IPs as well.

    If you want to be sure, you have to cross reference your blocks found page with what's on blockchain.info.  Most of it will be wrong.  Maybe they reconcile later?  I dunno how they have it setup though.

    If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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    November 17, 2011, 06:43:26 AM
     #175

    So I don't have to change anything to miner.yourbtc.net ?

    Yep right, you can use whateveryouwant.yourbtc.net or just yourbtc.net. The only important thing is to use Port 8999.

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    November 17, 2011, 09:15:45 AM
     #176

    So I don't have to change anything to miner.yourbtc.net ?

    Yep right, you can use whateveryouwant.yourbtc.net or just yourbtc.net. The only important thing is to use Port 8999.

    Hmm, as [mining|srv02].yourbtc.net and *.yourbtc.net resolv to different IPs you're doing some kind of port forwarding or proxying there.
    For a transitional phase this is fine but in the long run you shouldn't do this as it
    - undermines the pool/website separation (see above)
    - adds a additional error source to the pool
    - slows down the connection to the pool
    - makes it unpredictable where users connect to (which might become a problem in the future).

    Anyway the new server works like a charm! My efficiency raised up to ~99.6% and cgminer warnings ("Pool not providing work fast enough") dropped by ~50%. Great work, urstroyer!
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    November 17, 2011, 10:26:18 AM
     #177

    Looks like yourbtc.net is climbing the ranks, we're the #8 pool by blocks found -> http://blockchain.info/pools?timespan=4days

    I see us as #5 on the "4 days" chart and #4 on the "24 hour" chart; serious business!

    I'm happy to report that the new server seems to be running fine for me.  Time will tell if this solves the server instability issue.


    Just so you know, that chart is wildly inaccurate, so don't put too much stock into it.  blockchain.info doesn't get the blocks found correctly and incorrectly attribute blocks to different IPs/pools that they didn't find.  For example, you can see the last 3 or 4 blocks in my pool are attributed to Alaska Pool, somewhere in Nigeria and some unknown IPs.  The last few blocks for yourbtc.net show up as various IPs as well.

    If you want to be sure, you have to cross reference your blocks found page with what's on blockchain.info.  Most of it will be wrong.  Maybe they reconcile later?  I dunno how they have it setup though.


    Good point.  I thought something was up when Slush was no-where to be seen on the 24 hour chart.
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    November 17, 2011, 11:45:01 AM
     #178

    Good point.  I thought something was up when Slush was no-where to be seen on the 24 hour chart.
    Even funnier is when they put up names of Bitcoin core developers.

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    November 17, 2011, 08:34:27 PM
     #179

    The latest btc block we found was orphaned...  Angry

    But we are in luck.

    urstroyer has paid everyone in the round for the orphaned block. He paid out 62.61273634 BTC out of his own pocket.

    I don't know about you, but that's one generous pool op.

    I have up'd my donations.

    Thanks urstroyer!
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    November 18, 2011, 06:21:53 AM
     #180

    Super rad! Thanks urstroyer!

    What exactly does a block being 'orphaned' mean? Sorry for my naivete.

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    November 18, 2011, 06:30:00 AM
     #181

    By the way, in case anyone as an iPhone/iPad, the developer of BTCMon recently added the yourbtc.net pool to their app. More info here: https://bitcointalk.org/index.php?topic=48969.0 . Really nice way to monitor your current hashrate, check if any miners are down and also see your current balance. If you message the guy, he'll probably offer you a free promo code for the app.

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    November 18, 2011, 06:44:10 AM
     #182

    EDIT: nevermind, got it working

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    November 18, 2011, 07:30:34 AM
     #183

    What exactly does a block being 'orphaned' mean? Sorry for my naivete.

    Have a look at https://en.bitcoin.it/wiki/Block_chain
    teukon
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    November 18, 2011, 11:58:42 AM
     #184

    It appears the site is down but the pool is still running.
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    November 18, 2011, 12:05:09 PM
     #185

    It appears the site is down but the pool is still running.


    Good thing urstroyer got us off that other server!
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    November 18, 2011, 12:21:25 PM
     #186

    It appears the site is down but the pool is still running.


    For me it's the exact opposite - I can connect to the website but not to the pool.  Huh
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    November 18, 2011, 01:08:04 PM
     #187

    For me it's the exact opposite - I can connect to the website but not to the pool.  Huh

    Strange.

    Also, now that the site is back up the hashrate charts show significant downtime.  I can't be sure but I believe my miners were working away happily throughout this period.  Has anyone else experienced this?
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    November 18, 2011, 07:46:23 PM
     #188

    Per Giga's invite, I have joined you all in the never ending search for love. Interesting method you got here, and I look forward to seeing how it pays out, literally and figuratively. I still have a few machines to move over, and hope to bring... meh, 6 more cards on next week? Something like that.

    Love and kisses,

    Hotdog



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    November 18, 2011, 07:57:58 PM
     #189

    Per Giga's invite, I have joined you all in the never ending search for love. Interesting method you got here, and I look forward to seeing how it pays out, literally and figuratively. I still have a few machines to move over, and hope to bring... meh, 6 more cards on next week? Something like that.

    Love and kisses,

    Hotdog


    Thanks for coming over Hotdog. Don't forget to show your pride -> http://btcstats.net/?yourbtc
    Hotdog453
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    November 18, 2011, 08:13:53 PM
     #190

    Hells to the yes. I feel like I'm in a biker gang.

    You know what they do in biker gangs, when they run out of women?

    They play cards.

    You sickos.
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    November 18, 2011, 09:46:14 PM
     #191

    Per Giga's invite, I have joined you all in the never ending search for love. Interesting method you got here, and I look forward to seeing how it pays out, literally and figuratively. I still have a few machines to move over, and hope to bring... meh, 6 more cards on next week? Something like that.

    Love and kisses,

    Hotdog

    Welcome Hotdog.  As you've noticed, the reward system used here is a bit different to those used on most other pools.  I assume Giga's filled you in but if you still have questions about the reward system or your payouts then let us know.

    Happy mining!
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    November 18, 2011, 10:12:32 PM
     #192

    Yup, the curve is unique, but it makes logical sense when you think about it. Been used to PPS for so long, this might be an amusing change.

    Plus, Namecoin is always a plus. That's a first for me.
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    November 19, 2011, 06:48:29 AM
     #193

    Anyone know where I can pickup some 5970s? Trying to upgrade my pair of 5830s, but these things seem hard to come by. $500 each on newegg seems steep.

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    November 19, 2011, 09:53:42 AM
     #194

    Anyone know where I can pickup some 5970s? Trying to upgrade my pair of 5830s, but these things seem hard to come by. $500 each on newegg seems steep.

    grubles over in #bitcoin-otc irc is selling 4 of them from around $400 each. You might want to touch base with him.
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    November 19, 2011, 12:48:02 PM
     #195

    It's interesting to see that many pools have been losing users while yourbtc.net has been gaining.

    Not only is this pool larger than all of the unstickied pools I've found it's now comfortably larger than ABCpool.co, eclipsemc.com, and bitcoins.lc.

    yourbtc.net is currently the 7th largest pool (just behind eligius.st and bitclockers.com).  With another 50 GH/s, it would be in the top 5 with ars, deepbit, slush, and btcguild!

    It's also good to see that the Merged mining bonus has increased to about 6.4%.  This is a decent bonus when you consider how much some people complain about losing 7-10% in fees at the biggest pools.  I can comfortably donate a decent amount to this pool and still do very well.
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    November 19, 2011, 12:55:08 PM
     #196

    It's interesting to see that many pools have been losing users while yourbtc.net has been gaining.

    Not only is this pool larger than all of the unstickied pools I've found it's now comfortably larger than ABCpool.co, eclipsemc.com, and bitcoins.lc.

    yourbtc.net is currently the 7th largest pool (just behind eligius.st and bitclockers.com).  With another 50 GH/s, it would be in the top 5 with ars, deepbit, slush, and btcguild!

    It's also good to see that the Merged mining bonus has increased to about 6.4%.  This is a decent bonus when you consider how much some people complain about losing 7-10% in fees at the biggest pools.  I can comfortably donate a decent amount to this pool and still do very well.


    Well said! Every little bit help.  Grin
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    November 19, 2011, 05:01:21 PM
     #197

    Feature Update 2011-11-19

    Direct Namecoin Payout enabled
    * Use "User Account -> Pool Options" and disable auto NMC to BTC exchange if you don't want to auto exchange your NMC into BTC.
    * If your NMC balance exceed the threshold and you stored a valid Namecoin payout address in your Pool Options payout in NMC will happen.
    * Auto convert NMC to BTC is still set as default for new user.

    iPhone App BTCmon supports yourbtc.net
    * Keep track of your pool stats on your iPhone. To bad i have an android device!

    Clarification how to connect your worker
    * Please update your worker to connect to mining.yourbtc.net:8999 only for the future.
    * Right now you can connect to yourbtc.net:8999 as well, but all traffic is redirected through the webserver which becomes a problem, if the webserver has any issues.
    * In order to offer a stable mining enviroment, we will shut down the traffic redirection in a few weeks.

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    November 20, 2011, 01:10:27 PM
     #198

    Anyone else seeing an odd delay in MtGox showing balances?

    I've had 4 payouts thus far from YourBTC->MtGox, first one at:

    2011-11-20 05:48:04

    And none of them have posted to MtGox yet.

    BlockExplorer shows them fine, though:

    http://blockexplorer.com/address/12gh7zgDJy4TskMn1EyEiHLpzNeAnBJSX7

    Anyhoogle, pool seems stable and strong.
    jamesg
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    November 20, 2011, 01:52:31 PM
     #199

    Anyone else seeing an odd delay in MtGox showing balances?

    I've had 4 payouts thus far from YourBTC->MtGox, first one at:

    2011-11-20 05:48:04

    And none of them have posted to MtGox yet.

    BlockExplorer shows them fine, though:

    http://blockexplorer.com/address/12gh7zgDJy4TskMn1EyEiHLpzNeAnBJSX7

    Anyhoogle, pool seems stable and strong.

    Hey Hotdog, I too have btc transactions into mtgox that have yet to show up. We've been gox'd.
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    November 20, 2011, 02:00:01 PM
     #200

    Anyone else seeing an odd delay in MtGox showing balances?

    I've had 4 payouts thus far from YourBTC->MtGox, first one at:

    2011-11-20 05:48:04

    And none of them have posted to MtGox yet.

    BlockExplorer shows them fine, though:

    http://blockexplorer.com/address/12gh7zgDJy4TskMn1EyEiHLpzNeAnBJSX7

    Anyhoogle, pool seems stable and strong.

    Hey Hotdog, I too have btc transactions into mtgox that have yet to show up. We've been gox'd.

    GOX'D!

    Okay, fair enough. Just wanted to make sure it wasn't just me.
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    November 20, 2011, 07:04:24 PM
     #201

    @Hotdog453 & @gigavps:
    I really hope you won't get GOXED and receive your payment sooner or later there!

    We just intruduced the Member Status System!

    What does that mean for me?

    You will receive special benefits as a VIP Member for donating at least 3% to the pool:

    * Instant 100% block rewards
    ** No more waiting for 120 confirmations until you receive a payout
    ** You will be payed for invalid (orphaned) blocks too

    One of the next planned benefits for VIP Member:
    - Cashout your balance according to your score
    described by Meni Rosenfeld here: https://bitcoil.co.il/pool_analysis.pdf (Chapter 7.7 Score cashout)

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    November 21, 2011, 02:08:10 PM
     #202

    My coins finally made it.  Smiley

    <sarcasm>

    As for the pool, it would be great if someone else could find a block

    154220   2011-11-21 14:37:47   gigavps   1,002,904   54.30290127   0.00005415   1.15%   0
    154159   2011-11-21 03:32:48   gigavps   2,721,052   81.98756643   0.00003013   1.16%   63
    154063   2011-11-20 12:41:38   gigavps   4,499,229   87.25668638   0.00001939   1.01%   120
    153954   2011-11-19 12:19:59   gigavps   516,253   31.88870399   0.00006177   1.05%   120

    </sarcasm>

    I'm on fire!!!  Grin
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    November 21, 2011, 02:29:43 PM
     #203

    Please update all your worker to connect: mining.yourbtc.net:8999

    Connections to yourbtc.net:8999 will be shut down tonight at 07:00 PM (GMT+1).

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    November 21, 2011, 03:05:51 PM
     #204

    Yup, mine did too.

    The member levels make sense, and that's a nice feature to have. Props.
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    November 21, 2011, 03:10:02 PM
     #205

    My coins finally made it.  Smiley

    <sarcasm>

    As for the pool, it would be great if someone else could find a block

    154220   2011-11-21 14:37:47   gigavps   1,002,904   54.30290127   0.00005415   1.15%   0
    154159   2011-11-21 03:32:48   gigavps   2,721,052   81.98756643   0.00003013   1.16%   63
    154063   2011-11-20 12:41:38   gigavps   4,499,229   87.25668638   0.00001939   1.01%   120
    153954   2011-11-19 12:19:59   gigavps   516,253   31.88870399   0.00006177   1.05%   120

    </sarcasm>

    I'm on fire!!!  Grin

    Lol.  This reminds me of the beginning of November when you were finding nearly 1 block per day.  I don't know if these stats exist on the site but so far the top contributors are:

    gigavps: 16 blocks
    Anonymous: 10 blocks
    1l1l11ll1l: 7 blocks

    Anonymous did a lot of work at the pool before you arrived.
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    November 22, 2011, 08:10:06 PM
     #206

    [Feature Update 2011-11-22}

    Hall of Fame
    * Here you can prove yourself and take a look, how you perform in our pool.

    Share Payout Comparison
    * You find it here: Pool Statistics -> Charts -> Share Payout
    * Compare DGM and PPS method on pool history.
    * Those numbers are historical values and have no influence on future luck in finding blocks.

    @admins: we would appreciate to get this thread sticky, we are already top 10.

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    November 23, 2011, 05:13:13 PM
     #207

    I love that this pool gets new features nearly everyday  Grin Grin Grin

    urstroyer is a machine

    edit: 1 block found by me in the hall of fame, yay

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    November 23, 2011, 05:21:27 PM
     #208

    I love that this pool gets new features nearly everyday  Grin Grin Grin

    urstroyer is a machine

    edit: 1 block found by me in the hall of fame, yay

    Yep. And the uptime of the pools has been fantastic also. I have one rig showing 150k shares submitted and it's still going!  Grin
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    November 23, 2011, 11:49:28 PM
     #209

    I love that this pool gets new features nearly everyday  Grin Grin Grin

    urstroyer is a machine

    edit: 1 block found by me in the hall of fame, yay

    Yep. And the uptime of the pools has been fantastic also. I have one rig showing 150k shares submitted and it's still going!  Grin

    Agreed; the hashrate charts suggests that any server downtime problems have been significantly reduced.  It's still early days to say that reliablility is a selling point of this pool but I'm hopeful that this high quality service will continue and yourbtc.net will build such a reputation over the next month or so.
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    November 25, 2011, 12:54:45 PM
     #210

    Yup. The pool is incredibly boring from that aspect; the bitch just runs and runs and runs and runs and runs.
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    November 26, 2011, 05:12:26 AM
     #211

    Getting close to the 400GHash/s mark now...wow

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    December 03, 2011, 01:47:52 PM
     #212

    We did some polish into the Hall of Fame, so you'll receive a golden/silver/bronze bitcoin medal for top 3 places.

    In addition every user can now use the private mail feature on the website to contact other pool member or me, the pool op.

    There are still capacitys for new member!

    If you looking for a reliable and stable pool and like the thrill of pplns but dislike it's flaw (variance) then the Double Geometric Method we use, could be interesting for you.

    yourbtc.net is still on 0% fee and offers special benefits for VIP User who donate at least 3% (currently Instant Payouts and orphaned block insurance). That's a really good offer.

    And this could also be interesting:

    p2k, a very skilled developer, is working an a poolserver software called ecoinpool.
    We are already alpha testing this software in a dedicated enviroment and it has already found it's first bitcoin block on main net.
    More details will follow over the next weeks.

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    December 06, 2011, 02:46:28 AM
     #213

    Why is this pool not on the top 10 list?

    Mods got no love for you?


    Tips gladly accepted: 1LPaxHPvpzN3FbaGBaZShov3EFafxJDG42
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    December 06, 2011, 11:47:34 AM
     #214

    Why is this pool not on the top 10 list?

    Mods got no love for you?

    Perhaps the mods just haven't been on for a long time.  It's not a big worry though.  The fact is, even unstickied, this pool has quickly swelled to the size of arsbitcoin.com and eligius.st.
    ocminer
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    December 07, 2011, 11:43:34 PM
     #215

    Hey urs,

    just wanted to let you know the new server is doing a really good job, keep up the good work !

    suprnova pools - reliable mining pools - #suprnova on freenet
    https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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    December 08, 2011, 04:40:46 AM
     #216

    Came to check you guys out, old IRC pal from ARS is here;
    Whats up GigaVPS!

    You guys seem to be moving along very well. Debating a change...I know it's lazy but, can you reiterate your payment method, more importantly could you just reiterate equation?

    -I apologize, I can't stand reading Meni

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    December 08, 2011, 05:04:46 AM
     #217

    -I apologize, I can't stand reading Meni
    Is there anything I can do to change this?

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    December 08, 2011, 05:08:47 PM
     #218

    yourbtc.net closing it's doors on 2011-12-08

    Hello fellow miners,

    it was really a hard decision for me but i'am going to close this pool within the end of day.

    I underestimated the amount of time it takes to operate that pool and can't combine it with my fulltime job and private life any longer.
    If anyone is interested in taking over the pool, just let me know.

    When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
    So you will receive some additional payouts, just like you would have stopped mining for a while.

    Please don't be sad, there are lots of other great pools out there:

    - Eclipse MC (http://www.eclipsemc.com) another great double geometric payout pool
    - Bitminter (http://www.bitminter.com) another really cool pool, the webfrontend and charts are awesome
    - ABCPool (http://www.ABCPool.co) 0% pps, those guys who run this pool have to be crazy not taking a fee

    I would like to thank all of you, who trusted in yourbtc.net! Special thanks to Meni who consulted me very well and invented this awesome DGM payout method.

    @Mods: please unstick me again, i think Eclipse MC is the pool, that should be sticked instead. Thanks and sorry for inconvinience.

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    December 08, 2011, 05:25:04 PM
     #219

    Sad to see you close your doors Sad
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    December 08, 2011, 06:03:00 PM
     #220

    I'm sorry to see this pool likely come to an end so soon but I'm definitely glad that you're not allowing this project to cut too deeply into your own life.

    I hope you had fun creating and growing this pool Smiley.  I certainly had fun helping.
    Inaba
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    December 08, 2011, 06:14:00 PM
     #221

    Man, sorry to see your go urdestroyer.  The only other banner waving in the DGM camp Sad 

    Hope all goes well for you.

    If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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    December 08, 2011, 08:10:05 PM
     #222

    A sad day indeed. This pool seemed poised to become the new star. I completely sympathize with your situation though, I only wish more people would realize running a pool properly is serious business.

    The only other banner waving in the DGM camp Sad
    No need to give up hope, I know of at least 2 pools which are considering switching. PPLNS is also fine, as is PPS if the fees are kept reasonable. There's a promising new pool in the PPS scene, though it seems it wasn't announced here so I'm not sure I'm at liberty to mention it.

    When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
    So you will receive some additional payouts, just like you would have stopped mining for a while.
    You are doing it wrong (I mean, this can work too, but there's a proper way to do it). From each miner's score you can calculate his expected pending payout. If the pool closes you need to pay this amount to everyone (like cashout, but with no fee since it is you who initiated the shutdown). By so doing you are paying back the stochastic loan you took from miners when you started the pool. The pool was a model for DGM in life, let it be one also in death.

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    December 09, 2011, 12:24:43 AM
     #223

    Wow I'm really bummed out to see this pool go.

    Are there any other pools out there with merged mining that automatically exchange namecoin to bitcoin for you?
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    December 09, 2011, 12:30:19 AM
     #224

    Wow I'm really bummed out to see this pool go.

    Are there any other pools out there with merged mining that automatically exchange namecoin to bitcoin for you?

    Eclipse does this also and they have the same payout system.
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    December 09, 2011, 08:08:40 AM
     #225


    it does take time, and for small reward
    shame to see you go, yourbtc was looking like taking off
    all the best with your future endeavours urstroyer
    Graet

    p.s. PM sent

    | Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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    December 09, 2011, 08:07:06 PM
     #226

    Thanks @all

    I already received a couple of messages from people who are interested in either continue running the pool or interested in the pool frontend.

    So i decided to make the pool frontend open source and public so everyone can use and customize it. It will take a couple of days until it's ready to be published.

    The software is designed for Double Geometric Method only as it comes and the variables f, c and o can be set as you like.

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    December 11, 2011, 02:43:51 AM
     #227

    Thanks @all

    I already received a couple of messages from people who are interested in either continue running the pool or interested in the pool frontend.

    So i decided to make the pool frontend open source and public so everyone can use and customize it. It will take a couple of days until it's ready to be published.

    The software is designed for Double Geometric Method only as it comes and the variables f, c and o can be set as you like.

    Please, let us know when and where you'll release the source code of the site...

    EclipseMC pool growing!!! Reach 180GHash!

    SMS and PayPal cashout enabled pool!!

    Thanks!
    Thiago
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    December 28, 2011, 07:21:25 PM
     #228

    Any word on releasing the source?  I'm still hoping someone will take over and continue development as this was really a fantastic pool.

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    February 22, 2012, 12:17:18 AM
     #229

    Quote
    When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
    So you will receive some additional payouts, just like you would have stopped mining for a while.

    Disappointing there's been no further word on the final payout, now that the site seems to have closed - hopefully it's not a case of taking the money and running...
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    February 22, 2012, 07:17:36 AM
     #230

    Quote
    When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
    So you will receive some additional payouts, just like you would have stopped mining for a while.

    Disappointing there's been no further word on the final payout, now that the site seems to have closed - hopefully it's not a case of taking the money and running...

    What are you talking about??? The final payout ("psdeudo block") was done in December. There was a big announcement on the YourBTC.net frontpage for weeks...
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    February 22, 2012, 09:30:12 AM
     #231

    Quote
    When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
    So you will receive some additional payouts, just like you would have stopped mining for a while.

    Disappointing there's been no further word on the final payout, now that the site seems to have closed - hopefully it's not a case of taking the money and running...

    What are you talking about??? The final payout ("psdeudo block") was done in December. There was a big announcement on the YourBTC.net frontpage for weeks...
    I guess he meant there's no permanent record of this fact here on bitcointalk. But I guess you've just provided it.

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    February 22, 2012, 09:48:30 AM
     #232

    Any word on releasing the source?  I'm still hoping someone will take over and continue development as this was really a fantastic pool.

    urstroyer allowed and helped Ozcoin to setup the frontend, we are continuing to develop it. Also we carried the NMC/BTC conversion over.

    I will ask next I see him if he is planning to open source still Smiley

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