geebus
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March 25, 2011, 01:45:28 AM |
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when does the payout happens?
thanks
Payouts occur once a block becomes confirmed. Blocks become confirmed after 120 subsequent blocks have been solved by the network (not the pool, but the network as a whole). Our payment daemon checks for payments that need to processed once per minute. So, roughly 60 seconds after the block becomes confirmed, your payments will be sent.
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Feel like donating to me? BTC Address: 14eUVSgBSzLpHXGAfbN9BojXTWvTb91SHJ
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grue
Legendary
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Activity: 2058
Merit: 1434
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March 25, 2011, 01:53:45 AM |
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when does the payout happens?
thanks
when the block that you have shares in gets confirmed
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FairUser (OP)
Sr. Member
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Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
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March 25, 2011, 03:09:09 AM |
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We have hit ~10 Ghash/s and we found 3 blocks today! WOOT! Here's some stats about how well the server is handling all this work. - The server is running directly on hardware dedicated to this pool. It is not running on a VPS on a over loaded server like some other pools.
- At about 10 Ghash/s, it's only using ~ 14KBytes/s of bandwidth. We can handle 51,200KB/s, or ~3,600 Ghash/s at this ratio.
- CPU usage is anywhere between 100-200% (Quad-core can handle 400% at max capacity).
- Memory is using about 6.5GB out of 12GB.
- We have a 1TB drive, and it's nowhere close to being full.
All and all, I would say that the server is doing very well and can handle more traffic, so tell your friends about us. We're ready to take all the traffic and users we can get. Remember, we're the only pool not charging fees, we're running on dedicated hardware, and have a direct fiber connection to the internet which gives us an extremely low latency and high bandwidth. I would like to say THANK YOU to all the miners on our pool that are using our modified miner. Because of you, the load and resources used are substantially lower than what they would be if you used a different miner. Thank you, thank you very much.
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geebus
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March 25, 2011, 07:11:59 AM |
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*** UPDATES ***- Pool now pays out based on set threshold for each user. You cannot set your threshold when creating your account, however, you can change it from the "Account" page. (http://www.bitcoinpool.com/account.php)
- User Page now shows pool speed, and current round duration along with all previous information.
- You can now change your Wallet ID from the user account page.
- You can now change your password from the user account page.
- New version of the modified miner was released today (yesterday?). Download it now: http://www.bitcoinpool.com/file.php?id=6
- We hit 10 Ghash/s!
Once again, thanks for all the support! Tell your friends, tell people that aren't your friends, and happy mining!
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Feel like donating to me? BTC Address: 14eUVSgBSzLpHXGAfbN9BojXTWvTb91SHJ
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CryptikEnigma
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March 25, 2011, 07:20:56 AM |
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What exactly is the payout threshold? Is that where you set how much BTCs you have saved up until it pays out? What would you recommend to set it at?
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FairUser (OP)
Sr. Member
Offline
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
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March 25, 2011, 07:44:28 AM Last edit: March 25, 2011, 08:30:24 AM by FairUser |
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What exactly is the payout threshold? Is that where you set how much BTCs you have saved up until it pays out? What would you recommend to set it at?
You are correct. By default we set it to 0.01 when you signup. Some people have requested the ability to change this, and now you can.
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nster
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March 25, 2011, 11:08:11 AM |
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woot 3 blocks in like 7 hours with ~10Gh/s only, how lucky are we
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167q1CHgVjzLCwQwQvJ3tRMUCrjfqvSznd Donations are welcome Please be kind if I helped
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CryptikEnigma
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March 25, 2011, 11:15:02 AM |
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What are unpaid earnings?
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geebus
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March 25, 2011, 11:27:16 AM |
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What are unpaid earnings?
"Unpaid Earnings" is the amount of BTC held on the server for you until your payment threshold is met, and the server makes a payment to you. Think of it like this... You work a job where you make a few dozen dollars a day, but you only get paid once a week on payday. In this case, the "few dollars a day" is actually, "a few bitcoins per round" and "once a week on payday" is "when your payment threshold is met". So, if you have a threshold set to 1.0, you'll have to earn a total of 1.01 bitcoins before the server pays you. Payments are only processed at the time a solved block is confirmed.
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Feel like donating to me? BTC Address: 14eUVSgBSzLpHXGAfbN9BojXTWvTb91SHJ
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CryptikEnigma
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March 25, 2011, 11:31:26 AM |
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Awesome, I think I've pretty much asked about every stat now lmao. Thanks for the quick replies. BTW I love your avatar, Carlton FTW
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geebus
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March 25, 2011, 11:47:22 AM |
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Awesome, I think I've pretty much asked about every stat now lmao. Thanks for the quick replies. BTW I love your avatar, Carlton FTW
Heh, no problem man, ask away. As long as I can understand the question, I'll answer it to the best of my abilities... ...and my avatar totally makes me laugh every time I see it.
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Feel like donating to me? BTC Address: 14eUVSgBSzLpHXGAfbN9BojXTWvTb91SHJ
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geebus
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March 25, 2011, 12:01:53 PM |
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woot 3 blocks in like 7 hours with ~10Gh/s only, how lucky are we
I know! We're actually solving blocks (average time for past 5 blocks) about 49%% faster than we should be, based on the average time shown on Bitcoin Calculator, for the 11Ghash/s speed of the pool at the time I checked. Difficulty Factor: 68978.8924579 Hash Target: 3.90837462452E+62 Hash Rate (khps): 11000000 Probability Time Average 7 hours, 28 minutes 50% 5 hours, 11 minutes 95% 22 hours, 24 minutes Our actual average round duration from the last 5 blocks is: 3 hours 49 minutes Lots of luck!
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Feel like donating to me? BTC Address: 14eUVSgBSzLpHXGAfbN9BojXTWvTb91SHJ
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foo
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March 25, 2011, 12:08:01 PM |
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Your payouts seem to be taking a long time right now, I have one that has been "0/unconfirmed" for almost 16 hours now. I guess this is because of the large backlog of free transactions? (Viewable at http://bitcoincharts.com/bitcoin/) Could you make sure that you include your own payouts in the blocks your pool mints? (I think the other pools may be doing this now.)
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I know this because Tyler knows this.
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bobR
Member
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Activity: 112
Merit: 10
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March 25, 2011, 03:32:17 PM |
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Bitcoin News - Friday, Mar 25, 2011 Network Hashing Difficulty adjusted to 68,979, a decrease of more than 9%. Seems to have helped us a lot woot 3 blocks in like 7 hours with ~10Gh/s only, how lucky are we
I know! We're actually solving blocks (average time for past 5 blocks) about 49%% faster than we should be, based on the average time shown on Bitcoin Calculator, for the 11Ghash/s speed of the pool at the time I checked. Difficulty Factor: 68978.8924579 Hash Target: 3.90837462452E+62 Hash Rate (khps): 11000000 Probability Time Average 7 hours, 28 minutes 50% 5 hours, 11 minutes 95% 22 hours, 24 minutes Our actual average round duration from the last 5 blocks is: 3 hours 49 minutes Lots of luck!
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nster
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March 25, 2011, 03:56:33 PM Last edit: March 25, 2011, 04:27:58 PM by nster |
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Bitcoin News - Friday, Mar 25, 2011 Network Hashing Difficulty adjusted to 68,979, a decrease of more than 9%. Seems to have helped us a lot woot 3 blocks in like 7 hours with ~10Gh/s only, how lucky are we
I know! We're actually solving blocks (average time for past 5 blocks) about 49%% faster than we should be, based on the average time shown on Bitcoin Calculator, for the 11Ghash/s speed of the pool at the time I checked. Difficulty Factor: 68978.8924579 Hash Target: 3.90837462452E+62 Hash Rate (khps): 11000000 Probability Time Average 7 hours, 28 minutes 50% 5 hours, 11 minutes 95% 22 hours, 24 minutes Our actual average round duration from the last 5 blocks is: 3 hours 49 minutes Lots of luck! yes the difficulty drop helped, but as geebus said, we are still way above average, and on top of that another block was found in 3h something since my post EDIT: SH@$#T! ANOTHER ONE Since this morning at 3:40AM, in 12.5 hours we got 5 blocks, averaging 2.5 hours per block today, THAT A 3RD OF THE TIME WE ARE SUPPOSE TO!!!! YES! 3X BETTER THAN AVERAGE
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167q1CHgVjzLCwQwQvJ3tRMUCrjfqvSznd Donations are welcome Please be kind if I helped
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Drazar
Newbie
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Activity: 10
Merit: 0
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March 25, 2011, 04:23:26 PM |
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yeah, i sure seem to have started at an opportune time, 8 wins since yesterday.......
That's crazier than carltons dancing!
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nster
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March 25, 2011, 04:29:26 PM |
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wayyyyyyyyyy too early to rely on such a prediction, I think it will be between the last difficulty (76193 or somt) and 80000... My bet is in the 78 000 range SH@$#T! ANOTHER ONE Since this morning at 3:40AM, in 12.5 hours we got 5 blocks, averaging 2.5 hours per block today, THAT A 3RD OF THE TIME WE ARE SUPPOSE TO!!!! YES! 3X BETTER THAN AVERAGE
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167q1CHgVjzLCwQwQvJ3tRMUCrjfqvSznd Donations are welcome Please be kind if I helped
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GuyGallowglass
Newbie
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Activity: 8
Merit: 0
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March 25, 2011, 04:35:42 PM |
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Hello I am new here from the past couple days. I have a question after seeing how long it takes to get the payout: This is what my profile says: Earnings - Est. Earnings: 0.26690391 Unconfirmed: 0.32957912 Historical: 0.40150722 Unpaid Earnings: 0 Yet when I look at my account... wait a minute!I was just about to ask why my account hadn't been paid out to yet even though it says it has under historical (i'm assuming), but I just checked and had received new payments pending... new question! Those blocks were confirmed yesterday, does it usually take 12+ hours to receive payment even after a block has been confirmed, or is there unusual strain to the system causing delays? I was just curious because it seemed like it would have been really fast right after a block had been confirmed. Thanks!
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bobR
Member
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Activity: 112
Merit: 10
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March 25, 2011, 05:01:53 PM |
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Why is it taking so long to confirm payment from this pool ? my payment less than 30 minutes earlier from slush was confirmed 50 times already There was no problem on past payments They were there in a few hrs. this has been 7hrs with out any confirmations Is there some problem
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