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

[Grix]

Nothing is broken but the luck be ridinkydonk. I'm currently down to 94.5% shares rewarded in total since I started mining like four-five months ago. Was 100% sometime around the start of December, so since then the luck must have been consistently awful and we have all lost a lot of expected revenue.

[baddw]

Nothing is broken but the luck be ridinkydonk. I'm currently down to 94.5% shares rewarded in total since I started mining like four-five months ago. Was 100% sometime around the start of December, so since then the luck must have been consistently awful and we have all lost a lot of expected revenue.

97% is about the max possible long-term.  94.5% is unlucky, but not horribly so.  It probably puts your earnings about even with a 2%-3% fee pool. 

[MrTeal]

Nothing is broken but the luck be ridinkydonk. I'm currently down to 94.5% shares rewarded in total since I started mining like four-five months ago. Was 100% sometime around the start of December, so since then the luck must have been consistently awful and we have all lost a lot of expected revenue.

97% is about the max possible long-term.  94.5% is unlucky, but not horribly so.  It probably puts your earnings about even with a 2%-3% fee pool. 

Since mid-November I'm at a little under 85% shares rewarded.

[Grix]

Nothing is broken but the luck be ridinkydonk. I'm currently down to 94.5% shares rewarded in total since I started mining like four-five months ago. Was 100% sometime around the start of December, so since then the luck must have been consistently awful and we have all lost a lot of expected revenue.

97% is about the max possible long-term.  94.5% is unlucky, but not horribly so.  It probably puts your earnings about even with a 2%-3% fee pool. 

97%? I thought it was 98.04%

[eleuthria]

97% is about the max possible long-term.  94.5% is unlucky, but not horribly so.  It probably puts your earnings about even with a 2%-3% fee pool.  

94.5% would put you at equivalent of a 4.5% fee pool (assuming 1% orphan rate, unpaid orphans, and neutral luck) or a 5.5% PPS pool.  But since you can't know what the luck will be in advance, there's no way to know until after it has already happened.

Not sure where you got "97% is about the max possible".  The rule of thumb orphan rate is 1%, which would put the max possible (assuming luck always balances out to neutral) at 99%.

[eleuthria]

97% is about the max possible long-term.  94.5% is unlucky, but not horribly so.  It probably puts your earnings about even with a 2%-3% fee pool.  

94.5% would put you at equivalent of a 4.5% fee pool (assuming 1% orphan rate, unpaid orphans, and neutral luck) or a 5.5% PPS pool.  But since you can't know what the luck will be in advance, there's no way to know until after it has already happened.

Not sure where you got "97% is about the max possible".  The rule of thumb orphan rate is 1%, which would put the max possible (assuming luck always balances out to neutral) at 99%.

There is no "max possible" simply an expected average.
To prove that point my pool is still quite a bit above 100% payout ... for 3.5 months ... we've been very lucky ... but it's also only been less than 100 blocks, so the sample vs population is small.

That's why I said assuming luck always balances out to neutral.  Probably should've included quotes around "max possible".

[newIndia]

97% is about the max possible long-term.  94.5% is unlucky, but not horribly so.  It probably puts your earnings about even with a 2%-3% fee pool.  

94.5% would put you at equivalent of a 4.5% fee pool (assuming 1% orphan rate, unpaid orphans, and neutral luck) or a 5.5% PPS pool.  But since you can't know what the luck will be in advance, there's no way to know until after it has already happened.

Not sure where you got "97% is about the max possible".  The rule of thumb orphan rate is 1%, which would put the max possible (assuming luck always balances out to neutral) at 99%.

There is no "max possible" simply an expected average.
To prove that point my pool is still quite a bit above 100% payout ... for 3.5 months ... we've been very lucky ... but it's also only been less than 100 blocks, so the sample vs population is small.

That's why I said assuming luck always balances out to neutral.  Probably should've included quotes around "max possible".

Even the network hashpower also shows interesting luck factor about block finding...

Last 7 blocks have been found in 12 minutes !!!

[zefir]

Wow, 11,000TH at 21 hours and still no found block. Is this a new record?

It doesn't matter to me, with my mighty 140GH, but I do pity the other bigger setups.

EDIT: Heh, just popped. I wouldn't be surprised if we have awesome luck now.

Unfortunately, you leaving the pool did not help

I am pointing my 'bigger setup' to eligius and still hope that the recent series of bad luck will be over some day - but this is eating up my reserves. Started mining again a month ago, found 4 blocks, got 40 coins paid out so far. I know variance, luck, and all, but looking at the series of sub 30% blocks I seriously hope that there are measures in place to detect and fight block withholding.

Price for BTC declining faster than you can sell them to pay your operating costs does also not help - but that's a different story and not related to pool.

[baller1]

sure it's just a dice thing.. but can't remember this many 25%-ish or less blocks in one week.. I believe I counted 8. considering each one of those is about 16 hours.. this sucks.

[Grix]

[mavericklm]

C'mon! we gonna have Round Luck: 12%

[ninza]

haven't shaved since the last block  

[RealMalatesta]

haven't shaved since the last block  

Hello Santa.

[ninza]

haven't shaved since the last block  

Hello Santa.

It could be time to start praying to Saint Eligius....and maybe even Saint Nicolas

[Grix]

24 hours! 

[samad]

Please see our website for all the latest details.
Members are encouraged to hang out on our IRC channel.

To use, just point your miner to stratum+tcp://stratum.mining.eligius.st:3334 (or http://gbt.mining.eligius.st:9337 for GBT) with username set to the bitcoin address you want paid.

WARNING: Generations won't show up on your Instawallet, BTC-e, or many web-based wallet balances, so make sure you use the address of a standalone client, MtGox, blockchain.info, or another wallet that has been confirmed to work with generation payouts.

If the pool has problems, call 1-877-281-POOL (7665) (or, from outside the USA or Canada, call +1 818-688-POOL (7665))

Donations for pool may be sent to: 1E1igiusfEjs1pCaGjEERExE9gYcrFwow7


BFGMiner: bfgminer -o stratum.mining.eligius.st:3334 -O YourAddress



Note: This thread is continued from the previous thread found here. This new thread is a self-moderated thread.  I will try to refrain from utilizing this, however, unless obviously necessary to maintain on-topic and accurate information in this thread.  I will also make it a point to note in this thread any time I must delete a post and why.

""WARNING: Generations won't show up on your Instawallet, BTC-e, or many web-based wallet balances, so make sure you use the address of a standalone client, MtGox, blockchain.info, or another wallet that has been confirmed to work with generation payouts.""

could u explainwhat is standalone client???Is multibit wallet ok ? tnx

[RealMalatesta]

24 hours! 

Yeah, I think that something definitively is wrong. A withholding attack is one theorie which I consider, too.

[mavericklm]

Hashrate:   11,222.78 Th/s    Round Time:   25:12:23
Round Shares:   240415009351    Round Luck:   18.3%


2015-01-12 18:59:04   25:22:15   241,671,906,944   43.97G   18.2%   11,364.46 Th   

[baddw]

Please see our website for all the latest details.
Members are encouraged to hang out on our IRC channel.

To use, just point your miner to stratum+tcp://stratum.mining.eligius.st:3334 (or http://gbt.mining.eligius.st:9337 for GBT) with username set to the bitcoin address you want paid.

WARNING: Generations won't show up on your Instawallet, BTC-e, or many web-based wallet balances, so make sure you use the address of a standalone client, MtGox, blockchain.info, or another wallet that has been confirmed to work with generation payouts.

If the pool has problems, call 1-877-281-POOL (7665) (or, from outside the USA or Canada, call +1 818-688-POOL (7665))

Donations for pool may be sent to: 1E1igiusfEjs1pCaGjEERExE9gYcrFwow7


BFGMiner: bfgminer -o stratum.mining.eligius.st:3334 -O YourAddress



Note: This thread is continued from the previous thread found here. This new thread is a self-moderated thread.  I will try to refrain from utilizing this, however, unless obviously necessary to maintain on-topic and accurate information in this thread.  I will also make it a point to note in this thread any time I must delete a post and why.

""WARNING: Generations won't show up on your Instawallet, BTC-e, or many web-based wallet balances, so make sure you use the address of a standalone client, MtGox, blockchain.info, or another wallet that has been confirmed to work with generation payouts.""

could u explainwhat is standalone client???Is multibit wallet ok ? tnx

Yes, Multibit is fine.  "Standalone" means that it is a wallet that runs on your own PC and not on a website.

Grix: I have to admit, I got a good laugh out of your comic

[eleuthria]

I'd suggest you avoid using MtGox addresses

Or any exchange for that matter.  I wonder how many people were (or are still) mining on Eligius using a Bitstamp deposit address that is no longer recognized.

EDIT:  Actually, I don't think Bitstamp worked with generation txes anyways, so probably 0.  Still, don't use any exchange as a wallet.