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paputa
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October 18, 2015, 01:57:29 PM |
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there is a way to have a payout more fast and not in 2-3 weeks?
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.anto.
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October 18, 2015, 02:15:02 PM |
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there is a way to have a payout more fast and not in 2-3 weeks?
Is that a question? If so, then the only way to get the payout faster is to add more hashing power to the pool so that it can solve more blocks. Where do you think the pool get the Bitcoin from for paying the miners? |
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paputa
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October 18, 2015, 04:07:46 PM |
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there is a way to have a payout more fast and not in 2-3 weeks?
Is that a question? If so, then the only way to get the payout faster is to add more hashing power to the pool so that it can solve more blocks. Where do you think the pool get the Bitcoin from for paying the miners? yes but other pool have payments each day however i say this only because i buy hash power from nicehash |
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Luke-Jr
Legendary
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Activity: 2576
Merit: 1186
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October 18, 2015, 05:10:21 PM |
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If you want payouts more often, configure your minimum payout to the minimum.
Note that you may incur higher transaction fees later on when you want to spend them, though...
That's just how Bitcoin works, not the pool.
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paputa
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October 18, 2015, 05:12:26 PM |
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If you want payouts more often, configure your minimum payout to the minimum.
Note that you may incur higher transaction fees later on when you want to spend them, though...
That's just how Bitcoin works, not the pool.
it's the same however i'm waiting 0,36 btc, the minimum payout isn't important |
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.anto.
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October 18, 2015, 07:19:07 PM |
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If you want payouts more often, configure your minimum payout to the minimum.
From what I have observed, I think reducing the minimum payout on Eligius pool has negative effect for miners with hash rates above 1 TH/s as the waiting time to get the payout becomes longer than the time to mine it. That is because the average number of blocks that Eligius pool solves per day is below 10 blocks. The only way is to raise the pool hash rate by attracting more miners. But I am not really sure how to achieve that. I think by now everybody are aware that mining is not profitable. Along the time I have seen more and more home miners step out of the game. In the end the idea of decentralise control over Bitcoin will just be a dream. I am just a hobbyist miner with low hash rate, little budget and high energy cost. But I still believe that the idea of decentralisation is very good. I am really not sure though how millions of miners like me can compete with a handful companies with high budget, to keep the idea of decentralisation going. |
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Luke-Jr
Legendary
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Activity: 2576
Merit: 1186
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October 18, 2015, 07:41:49 PM |
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If you want payouts more often, configure your minimum payout to the minimum.
From what I have observed, I think reducing the minimum payout on Eligius pool has negative effect for miners with hash rates above 1 TH/s as the waiting time to get the payout becomes longer than the time to mine it. That is because the average number of blocks that Eligius pool solves per day is below 10 blocks. The only way is to raise the pool hash rate by attracting more miners. But I am not really sure how to achieve that. I think by now everybody are aware that mining is not profitable. Along the time I have seen more and more home miners step out of the game. In the end the idea of decentralise control over Bitcoin will just be a dream. I am just a hobbyist miner with low hash rate, little budget and high energy cost. But I still believe that the idea of decentralisation is very good. I am really not sure though how millions of miners like me can compete with a handful companies with high budget, to keep the idea of decentralisation going. Well, there is the option of changing Bitcoin's PoW algorithm so the ASIC race needs to restart, and keep doing it until manufacturers stop abusing their position... As the network grows more and more centralised, this seems more viable to convince others to do. |
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Biodom
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Activity: 3738
Merit: 3848
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October 19, 2015, 05:50:00 AM |
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If you want payouts more often, configure your minimum payout to the minimum.
Note that you may incur higher transaction fees later on when you want to spend them, though...
That's just how Bitcoin works, not the pool.
1. I am curious about this. It used to be that your pool automatically adjusted payouts so they occur once in 5-7 days as long as it is above minimum. I had SP30 and payouts were all 0.1-0.13 BTC using default. Now, suddenly in the last 2-3 weeks hashing goes for on until at least 0.3-0.35 BTC for miners with the same hashing speed (S7). I don't see a conspiracy, but something changed in payment handling, hopefully not for long. 2. there are also quotes like "0.00000 BTC remains to enter the payment queue, payment should occur in the next few seconds"....nothing 12-24 hours later and now it says "there are 48 BTC ahead of you". Mind you, miner was hashing with the same speed throughout. |
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wizkid057 (OP)
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Merit: 1006
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October 19, 2015, 06:00:29 AM
Last edit: October 19, 2015, 06:28:25 AM by wizkid057 |
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Relax everyone.  Processing a manual payout within the hour. Will resolve all payout queue and payout delay issues. As mentioned I've been doing backend maintenance and changes for at least a couple of weeks, and some of this work has involved causing temporary fail-safe situations that caused the payout queue to grow. Resolving that momentarily and things should go back to normal. --- 539.57337695 BTC in manual payments applied to balances from tx ad5b6d7eb5d07434d0ef9311bbb6e44191a6e75a7fafbecb44a4a23003ec5912 |
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DaveF
Legendary
 Online
Activity: 3458
Merit: 6250
Crypto Swap Exchange
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October 19, 2015, 12:36:26 PM |
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Well, there is the option of changing Bitcoin's PoW algorithm so the ASIC race needs to restart, and keep doing it until manufacturers stop abusing their position...
As the network grows more and more centralised, this seems more viable to convince others to do.
Are we convincing the same groups that can't agree on block size to change algorithm? Peace in the middle east seems more likely. -Dave |
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peteabdo
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October 20, 2015, 11:48:12 PM |
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You're all making it worse. Repent and say some prayers to St. Eligius.
There was an orphan block about 1/2 of that. |
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peteabdo
Newbie
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Activity: 31
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October 20, 2015, 11:56:20 PM |
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I think the bitcoin payout is good and fair I like it just the way it is. If you don't mine for 2 weeks you get cashed out. I think they should have a monthy name coin cashout and everyone starts freash with name coin once a month. I have been mining her for about 2 months and received 5 or 6 bitcoin payouts and no name coin payouts. Not sure if they are still merge mining does anyone know? They don't have to show the totals just have a monthly payout no matter how small it is. Any thoughts?  javascript:void(0); |
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peteabdo
Newbie
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Activity: 31
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October 21, 2015, 12:06:17 AM |
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You're all making it worse. Repent and say some prayers to St. Eligius.
What people don't understand is 335 of that was an orpan/stale block 3 days 2015-10-16 05:43:44 41:10:22 500,164,665,344 60.88G 12.2% 14,493.06 Th Confirmed 1f62JVJAEE... 379,362 ...719fbadc272c65cc34 3 days (2015-10-17 09:25:29) 27:41:45 335,793,665,024 60.88G n/a 14,464.90 Th Stale 1JaxbrU7rM... 379,288 ...af128b9b675a5d1e03 I think the counter should have started over bit it did not. I happen to be watching it when it started over and it was checking the block then it jumped back up once it was marked stale. |
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paputa
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October 21, 2015, 08:08:10 AM |
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I was about 0.30 btc then slowly disappeared, because the share rewards are low, I thought I was being paid in the block after, but no, I see 0.00, why?
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majestymage
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October 22, 2015, 08:47:48 AM |
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because in this period the admin of the pool is hungry for some BTC. conclusion...bad luck in mining at a bad pool...i'll return when the payout system will be near 99-100%. i think that the big contributors are on the verge of commiting suicide right now  |
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paputa
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October 22, 2015, 09:13:43 AM |
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because in this period the admin of the pool is hungry for some BTC. conclusion...bad luck in mining at a bad pool...i'll return when the payout system will be near 99-100%. i think that the big contributors are on the verge of commiting suicide right now |
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btcmner
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October 22, 2015, 09:31:50 AM |
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I was about 0.30 btc then slowly disappeared, because the share rewards are low, I thought I was being paid in the block after, but no, I see 0.00, why?
The "0.30" you got at first is an estimate of your rewarded shares. If you stop mining before the block is found, others still keep mining, and the total number of shares for the block grows without your contribution growing as well. Hence, your share of the block reward is getting lower as time goes. The longer it takes to mine the block, the less significant your contribution is going to be compared to the rest of the pool. |
Mining for fun.
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paputa
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October 22, 2015, 11:31:06 AM |
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I was about 0.30 btc then slowly disappeared, because the share rewards are low, I thought I was being paid in the block after, but no, I see 0.00, why?
The "0.30" you got at first is an estimate of your rewarded shares. If you stop mining before the block is found, others still keep mining, and the total number of shares for the block grows without your contribution growing as well. Hence, your share of the block reward is getting lower as time goes. The longer it takes to mine the block, the less significant your contribution is going to be compared to the rest of the pool. thank you for the information, i understand,however i paid the hashpower on nicehash so this money i can see in the next block?? lost? |
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majestymage
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October 22, 2015, 12:04:13 PM |
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I was about 0.30 btc then slowly disappeared, because the share rewards are low, I thought I was being paid in the block after, but no, I see 0.00, why?
The "0.30" you got at first is an estimate of your rewarded shares. If you stop mining before the block is found, others still keep mining, and the total number of shares for the block grows without your contribution growing as well. Hence, your share of the block reward is getting lower as time goes. The longer it takes to mine the block, the less significant your contribution is going to be compared to the rest of the pool. thank you for the information, i understand,however i paid the hashpower on nicehash so this money i can see in the next block?? lost? i'm sorry to tell you but you lost them  |
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paputa
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October 22, 2015, 12:07:51 PM |
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I was about 0.30 btc then slowly disappeared, because the share rewards are low, I thought I was being paid in the block after, but no, I see 0.00, why?
The "0.30" you got at first is an estimate of your rewarded shares. If you stop mining before the block is found, others still keep mining, and the total number of shares for the block grows without your contribution growing as well. Hence, your share of the block reward is getting lower as time goes. The longer it takes to mine the block, the less significant your contribution is going to be compared to the rest of the pool. thank you for the information, i understand,however i paid the hashpower on nicehash so this money i can see in the next block?? lost? i'm sorry to tell you but you lost them  impossible, i read that the shares are always paid (in luck block) now i see shares rewarded: 47.88% ................................... |
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