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Author Topic: Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB  (Read 1061099 times)
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baddw
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January 14, 2015, 04:41:40 AM
 #3801

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%.

The following are true as of this posting:

  • 99.4% of all shares accepted by Eligius-Ra have been accepted in the past 6 months, however Eligius-Ra has been in operation for over two years.
          
    • Eligius itself has been around longer than this even, however Eligius-Ra is the latest revision of the pool and the longest running.
    • Further, 76.9% of all shares accepted have been in the past 60 days.
    • 51.7% of all shares accepted have been in the past 30 days. Thats over half of all accepted shares done just in the past 30 days.
    • As explained a long time ago (somewhere in the old thread) this will skew any luck stats, especially if the recent month has been unlucky (it has)

       
  • I replaced the SMPPS reward system was replaced with CPPSRB on or about October 2012.
       
    • Due to the way SMPPS works, and a combination of a run of bad luck, miners near the end of this time were earning only a few % PPS, with the rest going to "extra credit".
    • In fairness to those loyal to the pool, the credit earned under SMPPS was passed through to the switch to CPPSRB for all miners who had SMPPS extra credit in case the pool were lucky.
            
      • This credit is added into the 'credit' value in balances.json, and internally kept by the CPPSRB code in the unlikely event that pool gets so lucky that it can start paying this extra credit.
         
    • Veteran miners who are still mining with the same address as they were when SMPPS was active will always show a large difference in the amount of shares rewarded due to this.


  • Pool-wide long term accepted shares paid is 98.0%. (Slightly higher when ignoring pre-CPPSRB blocks, however due to the points above is a mostly pointless stat now since the majority of data is recent)
       
    • No this is not just like mining at a pool with a 2% fee
            
      • Expected long term earnings can never be 100% or more due to orphaned blocks. This is for every pool!
      • If a pool has a fee, it is taken after varaince, ie from the 98% rewarded.  So a pool with a 2% fee is thus only rewarding 96.04% PPS, where Eligius, with 0% fee, is awarding 100% of the subsidy of all blocks mined.
              
         

I misspoke, should have said 98%.

Any pool can have a run of bad luck.  Every pool is susceptible to block withholding.  Anybody executing block withholding attacks on a large scale is surely spreading their hashpower throughout a number of public pools, and hiding their tracks by splitting it up among small accounts within those pools, with different IP's and other obfuscatory measures.  The % of shares paid figure given by Eligius is always going to look bad compared by the numbers shown by any other pool (especially PPLNS pools) because they don't even report the same number.

BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX
DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF
Eligius Payouts/CPPSRB Explained  I am not associated with Eligius in any way.  I just think that it is a good pool with a cool payment system Smiley
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January 14, 2015, 04:50:53 AM
 #3802

Every pool is susceptible to block withholding. 
Every pool save the solo pools for there is nought to gain by withholding there.

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RealMalatesta
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January 14, 2015, 09:02:47 AM
 #3803

Ain't it funny? Every time someone writes the magic words "Withholding attack", a couple of blocks are being found :-)
amaclin
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January 14, 2015, 09:06:27 AM
 #3804

Ain't it funny? Every time someone writes the magic words "Withholding attack", a couple of blocks are being found :-)
Let us check it. Withholding attack? Withholding attack! OMG! Withholding attack...
Oups! I am not Eligius miner... May be these words should be written by miners only?
Moria843
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January 14, 2015, 07:55:40 PM
 #3805

Eligius, Slush, and even GHash seem to be taking much much longer to find blocks. As Marvin Gaye once said "what's going on?"

Hot time, summer in the city, back of my mine getting hot & gritty!!!
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January 14, 2015, 07:57:12 PM
 #3806

Eligius, Slush, and even GHash seem to be taking much much longer to find blocks. As Marvin Gaye once said "what's going on?"

guild took em all  Cheesy

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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January 15, 2015, 01:16:38 AM
 #3807

Is the site down now? I refreshed the page and it's blank.
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January 15, 2015, 01:20:01 AM
 #3808

Is the site down now? I refreshed the page and it's blank.
not loading here currently

The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
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January 15, 2015, 02:41:45 AM
 #3809

Ain't it funny? Every time someone writes the magic words "Withholding attack", a couple of blocks are being found :-)

I think it is funnier that every time we hit a long block someone says "withholding attack".
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January 15, 2015, 05:08:38 AM
 #3810

down for me too
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January 15, 2015, 06:05:11 AM
 #3811

It's back up, damn lost quite a bit because of the downtime, and it didn't even switch back to my backup either, so disappointed.
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January 15, 2015, 09:12:14 AM
 #3812

It's back up, damn lost quite a bit because of the downtime, and it didn't even switch back to my backup either, so disappointed.

You lost something? How comes?
wizkid057 (OP)
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January 15, 2015, 01:13:10 PM
 #3813

It's back up, damn lost quite a bit because of the downtime, and it didn't even switch back to my backup either, so disappointed.

You didn't lose anything. The pool was never down, just the stats taking forever on regular maintenance.

The stats/www side have nothing to do with earnings or the pool core itself.  They're independent.

Tips: 1LDQrLr6dPVqNJmpZm82eZVKqDFRk7ERW8
Operator of the Eligius Mining Pool - 0% Fee, SAPPLNS, GBT, Stratum, IRC+Phone Support, Share Market (coming soon), Generation payouts, and more.
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January 15, 2015, 07:34:39 PM
 #3814

256.24531113 BTC in manual payments applied to balances from tx 7ab578bef2a3cc29aea22617627d5c9235bc7b9009f034d30606f8a1d687d21e

Tips: 1LDQrLr6dPVqNJmpZm82eZVKqDFRk7ERW8
Operator of the Eligius Mining Pool - 0% Fee, SAPPLNS, GBT, Stratum, IRC+Phone Support, Share Market (coming soon), Generation payouts, and more.
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cdjbolton
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January 18, 2015, 05:22:49 PM
 #3815

Hi everyone.

I have just moved over from slush pool as we have been mining on slush for nearly a year and never moved.

It seems that slush is having some bad luck recently, more than normal so ive decided to move over to Eligius.

The only thing i wanted to know is how important is ping times, as im based in England and my ping to slush was around 90ms with Eligius its around 8000ms lol on an online ping test and command prompt gives me a time out error.

All my machines connect just fine and all reports ok on the pool side just wanted to make sure it wasn't an issue.

Other than that all seems to be working really well, setup was very straight forward.
wizkid057 (OP)
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January 18, 2015, 05:44:43 PM
 #3816

Eligius servers do not respond to pings.

Network latency has no effect on mining generally unless we're talking satellite internet type latency.

Tips: 1LDQrLr6dPVqNJmpZm82eZVKqDFRk7ERW8
Operator of the Eligius Mining Pool - 0% Fee, SAPPLNS, GBT, Stratum, IRC+Phone Support, Share Market (coming soon), Generation payouts, and more.
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January 23, 2015, 05:58:11 PM
 #3817

Up to 23 hours, do you think someone is withholding??
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January 23, 2015, 06:11:13 PM
 #3818

Up to 23 hours, do you think someone is withholding??

Wow, found one within seconds of posting this Grin
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January 23, 2015, 10:05:17 PM
 #3819

Up to 23 hours, do you think someone is withholding??

Wow, found one within seconds of posting this Grin

Always works!

https://bitcointalk.org/index.php?topic=441465.msg10148492#msg10148492

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January 24, 2015, 01:16:16 AM
 #3820

Up to 23 hours, do you think someone is withholding??

Wow, found one within seconds of posting this Grin

Always works!

https://bitcointalk.org/index.php?topic=441465.msg10148492#msg10148492
To the point I wonder whether implementing a robot which posts such a message everytime a block luck goes under 100% would contribute to pool mega-performance  Grin

Mining for fun.
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