Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB

[georgem]

Thanks you two

I know about all the ins and outs, but it still peeves me off.

And having a big hangover doesn't help much.

I feel you. If it helps: You are not alone...  

Be happy that either way you are an early adopter of the most groundbreaking technology of the last 20 years.

So even if you think mining doesn't pay you well.... your mining DOES HELP the bitcoin network stay stable and strong.

So I suggest you keep on mining AND buying bitcoin regularly.

[1715580958]

1715580958

[xstr8guy]

20% dif increase -- wtf

all these increases really F**K me off

Everywhere you look there's people trying to get people interested in Bitcoin - but to be honest -
- increases  make it pretty impossible to earn anything.

Why would you want to invest in mining Bitcoin when you see your investment get wiped out in the same month- ordered 2 S1 - making 5
set them up 3rd June and by end of June they pretty much not earning a penny just back to where I was before

I am not after earning a million ,  a return of investment and a little on top would be nice.

I really hope something bad happens to the greedy people  who are forcing  small scale users like me out

Let me get this straight. You're adding mining capacity to your farm AND you're complaining because other "greedy people" are doing the same?!

Pot calling the kettle black, I guess.

[ProfMac]

Is there some payout system with Eligius? Do they pay out once in 24 hours, or how do they handle this. Before i had to write a ticket to get 2.4 BTC, and now they are again cumulated 2.8 BTC. I am doing something wrong?

Usually, your miner has a BTC address for the account name.  The shares are credited to this account, and you can view them on the web.  They pay out at a default threshold.  It is all automatic, and the default are reasonable.  The threshold is something like 0.04 BTC at the moment.

If you publish your payout address, anyone can look at the statistics and see if anything seems odd.

[vulgartrendkill]

I'm trying to log on to my page and I'm currently getting a 502 bad gateway error.  My miners seem to be hashing though.

Anyone else having problems?

[CryptKeeper]

I'm trying to log on to my page and I'm currently getting a 502 bad gateway error.  My miners seem to be hashing though.

Anyone else having problems?

Yes, me too!

[thecr4ne]

I get "500 internal server error" but otherwise same result.

[fiona6622]

Is there some payout system with Eligius? Do they pay out once in 24 hours, or how do they handle this. Before i had to write a ticket to get 2.4 BTC, and now they are again cumulated 2.8 BTC. I am doing something wrong?

Usually, your miner has a BTC address for the account name.  The shares are credited to this account, and you can view them on the web.  They pay out at a default threshold.  It is all automatic, and the default are reasonable.  The threshold is something like 0.04 BTC at the moment.

If you publish your payout address, anyone can look at the statistics and see if anything seems odd.

Yes i know this, my threshold is set on 0.04 but unlike other pools, this one again don't pay out. My question was if some one does know in which intervals the threshold is being paid out. Every 24 hours, every 2 days or every 3 days. Any one got any ideea?

[sciack]

I get "500 internal server error" but otherwise same result.

same here, front end seems to be down

[crashoveride54902]

Is there some payout system with Eligius? Do they pay out once in 24 hours, or how do they handle this. Before i had to write a ticket to get 2.4 BTC, and now they are again cumulated 2.8 BTC. I am doing something wrong?

Usually, your miner has a BTC address for the account name.  The shares are credited to this account, and you can view them on the web.  They pay out at a default threshold.  It is all automatic, and the default are reasonable.  The threshold is something like 0.04 BTC at the moment.

If you publish your payout address, anyone can look at the statistics and see if anything seems odd.

Yes i know this, my threshold is set on 0.04 but unlike other pools, this one again don't pay out. My question was if some one does know in which intervals the threshold is being paid out. Every 24 hours, every 2 days or every 3 days. Any one got any ideea?

look on your page...you'll see something like "164.76965403 BTC are ahead in queue, putting this user's payout after a 6 block delay." this is mine...so in 6 blocks i'll get a payout...it is on the right hand side...near the middle

[Majixagi]

Yes i know this, my threshold is set on 0.04 but unlike other pools, this one again don't pay out. My question was if some one does know in which intervals the threshold is being paid out. Every 24 hours, every 2 days or every 3 days. Any one got any ideea?

Right now the payment interval looks like 2 days, 17 hours and 41 minutes. If you have waited longer than that and you are over threshold then you should be paid shortly. Click "payout queue" on your stats page and it should be pretty clear.

[ProfMac]

Is there some payout system with Eligius? Do they pay out once in 24 hours, or how do they handle this. Before i had to write a ticket to get 2.4 BTC, and now they are again cumulated 2.8 BTC. I am doing something wrong?

Usually, your miner has a BTC address for the account name.  The shares are credited to this account, and you can view them on the web.  They pay out at a default threshold.  It is all automatic, and the default are reasonable.  The threshold is something like 0.04 BTC at the moment.

If you publish your payout address, anyone can look at the statistics and see if anything seems odd.

Yes i know this, my threshold is set on 0.04 but unlike other pools, this one again don't pay out. My question was if some one does know in which intervals the threshold is being paid out. Every 24 hours, every 2 days or every 3 days. Any one got any ideea?

Actually, it does pay out.  It pays all 25 BTC to miners every block that the pool finds.  What is hard to predict is who it pays.

For example, if a block is orphaned, suddenly those people were not actually paid, so they go back into the queue.  Since they were at the top of the queue before, they are at the top of the queue again, and everybody else is farther down.

Someone with a small mining rig, such as a Batch #2 Avalon  , might earn enough to cross their pay threshold but be 7 days since they were last paid.  The queue is paid out by oldest first, so they might jump to the top of the queue suddenly, and push a large mining rig into a later block.

[Bitskint]

I really hope something bad happens to the greedy people  who are forcing  small scale users like me out

Let me get this straight. You're adding mining capacity to your farm AND you're complaining because other "greedy people" are doing the same?!

Pot calling the kettle black, I guess.

I was referring to the people  with 100's of Th. +

Not the ones with a few.

It is those who are hurting  the difficulty - adding masses of machines.

In the long term, they do hurt the little people like me and others who make a little and are not greedy.

So it is not exactly  a Pot calling a Kettle , and yes I want to earn - as we all do.

Personally I have almost 1 ( 5 x S1 miners ) - and waiting for ROI still.

1BkQfrRarYhu8QdMTXUs748oYiSyTw24bv


This damned hangover is still hurting LOL , and I don't want sympathy as it
was self inflicted - suppose last night was a scream and makes it worth it

p.s. I did not really mean  i wish harm to them, I am really not like that, and wish I had not
said it. I am anti harm in any circumstance -- an Anti War kind of person to be honest.  Peace and all that

So I take it back

[ProfMac]

I really hope something bad happens to the greedy people  who are forcing  small scale users like me out

Let me get this straight. You're adding mining capacity to your farm AND you're complaining because other "greedy people" are doing the same?!

Pot calling the kettle black, I guess.

I was referring to the people  with 100's of Th. +

Not the ones with a few.

It is those who are hurting  the difficulty - adding masses of machines.

In the long term, they do hurt the little people like me and others who make a little and are not greedy.

So it is not exactly  a Pot calling a Kettle , and yes I want to earn - as we all do.

Personally I have almost 1 ( 5 x S1 miners ) - and waiting for ROI still.

1BkQfrRarYhu8QdMTXUs748oYiSyTw24bv


This damned hangover is still hurting LOL , and I don't want sympathy as it
was self inflicted - suppose last night was a scream and makes it worth it

It's called The Tragedy of the Commons.  A seminal paper was written in Science in 1968 by Garrett Hardin.  It happens with fishing, timber, open range grazing, and now bitcoin mining.

You are a peer to all the other miners.  To everyone else, you are one of the greedy others who is stealing their profits.

I don't know of anyone who has purchased mining equipment after the Batch #2 Avalons who has achieved breakeven, even though everyone has made ROI, whatever their own ROI number is.

[ProfMac]

Oh, and Garrett Hardin was from Dallas, as am I.  This makes us saturated our entire life in Mercantile philosophy.

Oddly enough, I think the Tragedy of the Commons is the rebuttal that explains why Ayn Rand is wrong.  I bet Dr. Hardin would have agreed.

[Bitskint]

I really hope something bad happens to the greedy people  who are forcing  small scale users like me out

Let me get this straight. You're adding mining capacity to your farm AND you're complaining because other "greedy people" are doing the same?!

Pot calling the kettle black, I guess.

This damned hangover is still hurting LOL , and I don't want sympathy as it
was self inflicted - suppose last night was a scream and makes it worth it

It's called The Tragedy of the Commons.  A seminal paper was written in Science in 1968 by Garrett Hardin.  It happens with fishing, timber, open range grazing, and now bitcoin mining.

You are a peer to all the other miners.  To everyone else, you are one of the greedy others who is stealing their profits.

I don't know of anyone who has purchased mining equipment after the Batch #2 Avalons who has achieved breakeven, even though everyone has made ROI, whatever their own ROI number is.

Thank you for that link

[baddw]

Is there some payout system with Eligius? Do they pay out once in 24 hours, or how do they handle this. Before i had to write a ticket to get 2.4 BTC, and now they are again cumulated 2.8 BTC. I am doing something wrong?

Usually, your miner has a BTC address for the account name.  The shares are credited to this account, and you can view them on the web.  They pay out at a default threshold.  It is all automatic, and the default are reasonable.  The threshold is something like 0.04 BTC at the moment.

If you publish your payout address, anyone can look at the statistics and see if anything seems odd.

Yes i know this, my threshold is set on 0.04 but unlike other pools, this one again don't pay out. My question was if some one does know in which intervals the threshold is being paid out. Every 24 hours, every 2 days or every 3 days. Any one got any ideea?

Read the post in my sig for a very detailed explanation of the payment queue.

With your seemingly high hashrate and your low payout threshold, you are hitting your threshold very quickly every time, but this puts you all the way at the bottom of the queue, so it will take you a long time to get paid out because people will keep jumping ahead of you in the queue as they hit their thresholds and they have gone longer without a payment than you have.  I recommend setting your payment threshold to ~2 days worth of hashing, this will reduce your payout variance significantly but you still might go 3 or 4 days between payments sometimes.

[crashoveride54902]

I really hope something bad happens to the greedy people  who are forcing  small scale users like me out

Let me get this straight. You're adding mining capacity to your farm AND you're complaining because other "greedy people" are doing the same?!

Pot calling the kettle black, I guess.

I was referring to the people  with 100's of Th. +

Not the ones with a few.

It is those who are hurting  the difficulty - adding masses of machines.

In the long term, they do hurt the little people like me and others who make a little and are not greedy.

So it is not exactly  a Pot calling a Kettle , and yes I want to earn - as we all do.

Personally I have almost 1 ( 5 x S1 miners ) - and waiting for ROI still.

1BkQfrRarYhu8QdMTXUs748oYiSyTw24bv


This damned hangover is still hurting LOL , and I don't want sympathy as it
was self inflicted - suppose last night was a scream and makes it worth it

It's called The Tragedy of the Commons.  A seminal paper was written in Science in 1968 by Garrett Hardin.  It happens with fishing, timber, open range grazing, and now bitcoin mining.

You are a peer to all the other miners.  To everyone else, you are one of the greedy others who is stealing their profits.

I don't know of anyone who has purchased mining equipment after the Batch #2 Avalons who has achieved breakeven, even though everyone has made ROI, whatever their own ROI number is.

well you don't know me but my knc jup has ROI'd and that was bought 2nd hand for around 25.4btc and the 2nd jup. i bought a cpl months ago is about to ROI too...but my 3rd nov jup i lost track on when it'll ROI if it will...but i'll just keep a mining

[xstr8guy]

Why is the Eligius payout queue so ridiculously obtuse? Other pools don't have this problem.

[ProfMac]

It's called The Tragedy of the Commons.  A seminal paper was written in Science in 1968 by Garrett Hardin.  It happens with fishing, timber, open range grazing, and now bitcoin mining.

You are a peer to all the other miners.  To everyone else, you are one of the greedy others who is stealing their profits.

I don't know of anyone who has purchased mining equipment after the Batch #2 Avalons who has achieved breakeven, even though everyone has made ROI, whatever their own ROI number is.

well you don't know me but my knc jup has ROI'd and that was bought 2nd hand for around 25.4btc and the 2nd jup. i bought a cpl months ago is about to ROI too...but my 3rd nov jup i lost track on when it'll ROI if it will...but i'll just keep a mining

It's great to hear that you have made breakeven.  I looked at some Avalon modules today, and they are selling for almost 2X the expected return.  I don't know a way to buy more mining hardware and make money today.  I turned my Avalons off the first week in June.

[ProfMac]

Why is the Eligius payout queue so ridiculously obtuse? Other pools don't have this problem.

He tried to run a pool with 0% fee, but also without going broke, and in a way that no one could steal funds from a central wallet.  He came up with something that does all that, and is unique.

Some of us don't think the queue is obtuse.  He pays from oldest to newest, to everyone who is over threshold, and on lucky rounds he pays out back pay.  The rules are very simple, and they work.