[POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com

[bydand]

i have a 3 card rig.  It is configured to run at 700 per card, and cgminer says it is doing that.  my hashrate on the waffle page has me at 1800 total, rather than the appx 2100 total cgminer says i'm doing.

is there something i need to adjust to fix the discrepancy?

tia

[zneww]

why profit droping on waffle???

God said so.

[Hueristic]

Some won't like this but since it's so rarely iterated:

I like the idea of huge buying pressure on BTC to drive the price up which is basically what multi-scrypt profit pools do. ...

I disagree, Prove this statement.

[TorturdChaos]

@WP - thanks for all your hard work and running such a great mining pool.

I was wondering tho, if VarDiff had been considered or discussed in the past.  The 512 difficulty seems a bit steep.  Looking at the earning log, the coin has been switched approximately 50 times in the last 5hrs, only giving an average of 6 minutes per coin.  My poor slow mining rigs cannot finish their work before the coin switch, especially on really fast coins that only take 30 secs or so.  Even my faster mining rig (800kh/s) shows a lot of stales.  When mining on a VarDiff pool my fast rig normally gets set about 256, while my 2 slow(100khs/ and 200khs/s) rigs are more around 64 or 96.
Or is VarDiff just to much load on the servers?  Would it be better to offer a lower difficultly option or two? (128,256,512 ?)

Thanks!

[suchmoon]

@WP - thanks for all your hard work and running such a great mining pool.

I was wondering tho, if VarDiff had been considered or discussed in the past.  The 512 difficulty seems a bit steep.  Looking at the earning log, the coin has been switched approximately 50 times in the last 5hrs, only giving an average of 6 minutes per coin.  My poor slow mining rigs cannot finish their work before the coin switch, especially on really fast coins that only take 30 secs or so.  Even my faster mining rig (800kh/s) shows a lot of stales.  When mining on a VarDiff pool my fast rig normally gets set about 256, while my 2 slow(100khs/ and 200khs/s) rigs are more around 64 or 96.
Or is VarDiff just to much load on the servers?  Would it be better to offer a lower difficultly option or two? (128,256,512 ?)

Thanks!

The theory says that high difficulty doesn't matter. The practice will catch up with theory over a long enough period of time. It might not look pretty on short term charts, that's all.

[edonkey]

Yep, this is the major downside of no user accounts.  For this to work it will require signed messages.  We'll try to make it as easy as possible, but would be signing something like "doge=xxxxxxx, ltc=yyyyyyy" from your BTC account, so we can verify it was you.  I expect a huge number of "HOW DOES I SINE?" emails, and a lot of "My address is at my exchange, so I can't sign" problems, so we'll see how that goes...

Maybe the answer is to add optional user accounts? If you want to use the pool as it is today with default payout options, you would not need an account. But if you want non-default payouts, you'd need to get an account and set up your profile and payout options.

I know that adding accounts has its own set of complications, like database schema changes, email verification, SSL certificates (and avoiding Heartbleed), two factor options, etc. But it's probably simpler to support because users are familiar with accounts and managing profiles and options. Also, you can build new features on an account system later, like hash rate drop alerts, etc.

[ibfr33k]

Has anyone ever used nicehash's service and mined here?  I tried it for a small amount and it would never connect.  Works fine on CM.

[suchmoon]

Yep, this is the major downside of no user accounts.  For this to work it will require signed messages.  We'll try to make it as easy as possible, but would be signing something like "doge=xxxxxxx, ltc=yyyyyyy" from your BTC account, so we can verify it was you.  I expect a huge number of "HOW DOES I SINE?" emails, and a lot of "My address is at my exchange, so I can't sign" problems, so we'll see how that goes...

Maybe the answer is to add optional user accounts? If you want to use the pool as it is today with default payout options, you would not need an account. But if you want non-default payouts, you'd need to get an account and set up your profile and payout options.

I know that adding accounts has its own set of complications, like database schema changes, email verification, SSL certificates (and avoiding Heartbleed), two factor options, etc. But it's probably simpler to support because users are familiar with accounts and managing profiles and options. Also, you can build new features on an account system later, like hash rate drop alerts, etc.

I think it's more complicated than that. Current users wishing to convert to a user account would still have to go through message signing, otherwise they wouldn't be able to claim their existing BTC address. It also opens some attack vectors that don't exist with an anonymous service. 2FA would help somewhat but is it all really worth the trouble and risk.

[5ick3uffalo]

Has anyone ever used nicehash's service and mined here?  I tried it for a small amount and it would never connect.  Works fine on CM.

Nope, only know HashCows.  I think Waffle and HashCows nearly same profitable regarding to http://poolpicker.eu/

[edonkey]

Yep, this is the major downside of no user accounts.  For this to work it will require signed messages.  We'll try to make it as easy as possible, but would be signing something like "doge=xxxxxxx, ltc=yyyyyyy" from your BTC account, so we can verify it was you.  I expect a huge number of "HOW DOES I SINE?" emails, and a lot of "My address is at my exchange, so I can't sign" problems, so we'll see how that goes...

Maybe the answer is to add optional user accounts? If you want to use the pool as it is today with default payout options, you would not need an account. But if you want non-default payouts, you'd need to get an account and set up your profile and payout options.

I know that adding accounts has its own set of complications, like database schema changes, email verification, SSL certificates (and avoiding Heartbleed), two factor options, etc. But it's probably simpler to support because users are familiar with accounts and managing profiles and options. Also, you can build new features on an account system later, like hash rate drop alerts, etc.

I think it's more complicated than that. Current users wishing to convert to a user account would still have to go through message signing, otherwise they wouldn't be able to claim their existing BTC address. It also opens some attack vectors that don't exist with an anonymous service. 2FA would help somewhat but is it all really worth the trouble and risk.

That's a good point. You need proof of ownership of a BTC address in order to claim it.

But that could be a onetime event. After that managing your addresses and payout options under an account profile GUI would be much easier and supportable than sending a signed message for every option change.

[JHammer]

So thinking ahead 6 to 8 months, what coin can Profit switching pools use as their base coin to compare to? Like "vs LTC" today?  Feathercoin maybe?

[poolwaffle]

So thinking ahead 6 to 8 months, what coin can Profit switching pools use as their base coin to compare to? Like "vs LTC" today?  Feathercoin maybe?

Or maybe LTC?

[JHammer]

So thinking ahead 6 to 8 months, what coin can Profit switching pools use as their base coin to compare to? Like "vs LTC" today?  Feathercoin maybe?

Or maybe LTC?

Maybe.   I know mining and difficulty does not necessarily translate to higher prices..

[JHammer]

Nice to see Pot Coin is in the mix now..  Happy 420   

[suchmoon]

I noticed something amusing today. Can you spot a difference between these two fragments of cgminer logs:

Code:

 [2014-04-23 04:08:23] Network diff set to 766
 [2014-04-23 04:08:23] Stratum from pool 0 detected new block
 [2014-04-23 04:09:00] Network diff set to 901
 [2014-04-23 04:09:00] Stratum from pool 0 detected new block
 [2014-04-23 04:09:14] Network diff set to 1.01K
 [2014-04-23 04:09:14] Stratum from pool 0 detected new block
 [2014-04-23 04:09:15] Network diff set to 314
 [2014-04-23 04:09:15] Stratum from pool 0 detected new block
 [2014-04-23 04:09:40] Network diff set to 288
 [2014-04-23 04:09:40] Stratum from pool 0 detected new block
 [2014-04-23 04:09:49] Network diff set to 299
 [2014-04-23 04:09:49] Stratum from pool 0 detected new block
 [2014-04-23 04:10:40] Network diff set to 317
 [2014-04-23 04:10:40] Stratum from pool 0 detected new block
 [2014-04-23 04:11:26] Network diff set to 319
 [2014-04-23 04:11:26] Stratum from pool 0 detected new block
 [2014-04-23 04:11:29] Network diff set to 325
 [2014-04-23 04:11:29] Stratum from pool 0 detected new block

Code:

 [2014-04-23 04:08:23] Network diff set to 766
 [2014-04-23 04:08:23] Stratum from pool 0 detected new block
 [2014-04-23 04:09:00] Network diff set to 901
 [2014-04-23 04:09:00] Stratum from pool 0 detected new block
 [2014-04-23 04:09:14] Network diff set to 1.01K
 [2014-04-23 04:09:14] Stratum from pool 0 detected new block
 [2014-04-23 04:09:18] Network diff set to 314
 [2014-04-23 04:09:18] Stratum from pool 0 detected new block
 [2014-04-23 04:09:39] Network diff set to 288
 [2014-04-23 04:09:39] Stratum from pool 0 detected new block
 [2014-04-23 04:09:48] Network diff set to 299
 [2014-04-23 04:09:48] Stratum from pool 0 detected new block
 [2014-04-23 04:10:40] Network diff set to 317
 [2014-04-23 04:10:40] Stratum from pool 0 detected new block
 [2014-04-23 04:11:25] Network diff set to 319
 [2014-04-23 04:11:25] Stratum from pool 0 detected new block
 [2014-04-23 04:11:29] Network diff set to 325
 [2014-04-23 04:11:29] Stratum from pool 0 detected new block

The first one is from CleverMining, the second one from WafflePool (or maybe it's the other way around). Great minds think alike?

[phzi]

So thinking ahead 6 to 8 months, what coin can Profit switching pools use as their base coin to compare to? Like "vs LTC" today?  Feathercoin maybe?

Or maybe LTC?

Maybe.   I know mining and difficulty does not necessarily translate to higher prices..

Litecoin is obviously going to be the dominant scrypt network, just as bitcoin is the dominant sha network.  Litecoin simply maintains too much of the hash power and marketcap already, that there's little chance of it being unseated.  And when massive hashing power from ASICs come around, small coins with pitiful network hashrates will get attacked left/right/center similar to SHA altcoin destruction. I think we will be comparing profit vs litecoin for a long time to come.

I noticed something amusing today. Can you spot a difference between these two fragments of cgminer logs:

<snip>

The first one is from CleverMining, the second one from WafflePool (or maybe it's the other way around). Great minds think alike?

Looks like profitability algorithms coming to the same conclusion.

Curious that one of the block change notifications was several seconds faster on one pool - they must have been the ones to find the previous block, I suppose.

[gaalx]

pw, hidden3=whitecoin?

PS to 10000 btc are planned gifts?

[spiderdk]

Hash Rate: 3.27 MH/s (15min approximated)
Worker   15m Hashrate   15m Stalerate
xxxx   3.27 MH/s   10.08%

reject too high on both us servers why

[phzi]

pw, hidden3=whitecoin?

Whitecoin isn't hidden anymore.

[gaalx]

pw, hidden3=whitecoin?

Whitecoin isn't hidden anymore.

Is not hide