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

[CanaryInTheMine]

What's going on with this pool??

Seems fine to me.  Normal luck swings.  Pays out.  Responsive.  Low variance because of high hash rate.  Good op.  What's your issue?

M

Yet another failsafe??

But, speaking of luck swings, it looks terrible as of late.

[mdude77]

What's going on with this pool??

Seems fine to me.  Normal luck swings.  Pays out.  Responsive.  Low variance because of high hash rate.  Good op.  What's your issue?

M

Yet another failsafe??

But, speaking of luck swings, it looks terrible as of late.

Failsafes are there for a reason.

It wasn't that long ago that we had 150+% luck.  How come you weren't complaining then?

M

[CanaryInTheMine]

What's going on with this pool??

Seems fine to me.  Normal luck swings.  Pays out.  Responsive.  Low variance because of high hash rate.  Good op.  What's your issue?

M

Yet another failsafe??

But, speaking of luck swings, it looks terrible as of late.

Failsafes are there for a reason.

It wasn't that long ago that we had 150+% luck.  How come you weren't complaining then?

M

I'm complaining about excessive failsafes.

Your argument about prior 150% luck is useless for any new miner that might have joined a week ago.  They have zero benefit when they weren't here.

Is another drive failed??

[mdude77]

Your argument about prior 150% luck is useless for any new miner that might have joined a week ago.  They have zero benefit when they weren't here.

Your point could be applied to any pool. 

M

[kai1770]

Just wanted to say Hello all from a new BTC convert and Eligius swimmer.

[SMB-2525]

I  know these have all been asked and answered somewhere in the previous 156 pages: I have been using Eligius for 50 days and am quite happy
-- Is there an extended description of "CPPSRB reward system appears to be in fail-safe mode"
-- My control panel options seem to have gotten lost. Do I need to completely fill out the page if, for example, I add a namecoin address?

[CanaryInTheMine]

Your argument about prior 150% luck is useless for any new miner that might have joined a week ago.  They have zero benefit when they weren't here.

Your point could be applied to any pool. 

M

I don't see excessive failsafes on other pools, that's my original concern.

[wizkid057]

I'm complaining about excessive failsafes.

The failsafes don't affect your earnings in any way, so, nothing to complain about.  They are there for a reason.  Eligius generally runs on fully automatic up to the moment coinbase transaction payouts when a block is found, 25+ BTC at a time.  This is completely irreversible, is a large amount of coins being paid at once, and any mistakes can mean disaster.  The failsafes prevent any potential disaster, even if it is a bit trigger happy sometimes, I'd much rather have a failsafe than a situation where someone ends up overpaid at the expense of other miners.  The failsafes pause the reward system, give me a chance to loo over the cause, and if all is well just let it continue and do a manual payout later.

For example, lets say Eligius finds a block and for some reason the reward system isn't able to tally the payouts for whatever reason (bitcoind issue, long orphan race, whatever)... if the system were to continue it could potentially overpay people who would be in the next block either because it wasn't able to determine the exact amounts paid initially, or because it pays shelved shares for a block that go further back than they should (due to the orphan).  Keep in mind that even the internal structure of Eligius is a bit decentralized.  As an example, CPPSRB actually monitors the blockchain for our blocks and utilizes that information in conjunction with information from the shares databases.  All of this is to keep Eligius as secure as possible and to ensure that every payout is accurate.

There is no other pool like this, since every other pool takes 100% of earnings 100% of the time, then distributes them to you.  If something goes wrong, they have the funds and just fix whatever needs fixing before paying them out.
Eligius just gets the earnings directly to you 99% of the time and never touches them, so there is no margin for error. Plus, the amount of time and effort that would be needed to eliminate the very few failsafes that do occur far outweighs the benefits of doing so at this time.

Again, they don't affect your earnings whatsoever. They're there to *protect* your earnings.

And for the record, before the drive/array failure a few days ago, the last failsafe was over a month ago, and lasted a few hours.  I fail to see how, even including the hardware related times, that this is excessive by any definition.

Edit: Clarifications

Edit2: Also, in the past the failsafe system was worse, triggered more often, and even missed a few disasters, resulting in personal loss to repay the difference.  This was back when bitcoins were not nearly as expensive and a few coins wasn't then end of the world.  Now, however, a 5 BTC loss is pretty substantial.  So, I'd much rather there be 100 failsafes than have the pool lose 1/100th of a BTC.

[ici_lemmy]

I'm complaining about excessive failsafes.

The failsafes[...] pool lose 1/100th of a BTC.

What I think CTM is getting at:

You don't put a bucket under a leaky faucet, you fix the leak.

I could be wrong though.

the amount of time and effort that would be needed to eliminate the very few failsafes that do occur far outweighs the benefits of doing so at this time.

[Zard]

Hey guys,

Noob here looking for some clarification regarding the current payout policy for dormant accounts.

I remember reading somewhere that balances >.01BTC are payed out.  Is that amount still correct?  How long before an account is considered dormant?  Is dormancy measured from last mining or from most recent visit to stats page?

Thanks for your help guys.


Edit:
I think I found it. 
Minimum payment to dormant accounts appears to be 0.00131072. 
I don't have an exact record of when I stopped mining into an exchange address (herp derp, try to avoid this fellow noobs), but I think it was approximately 2 weeks for the account at Eligius to go dormant.

[wizkid057]

I'll just remove the message about the pool being in failsafe, since it actually makes no difference to miners and just spawns complaints from people who don't even understand the purpose.  Those who care to know if the pool is in failsafe or not will have the know-how to do so without my automatic stats message.

Problem solved.

[wizkid057]

As for the leaky faucet analogy, it is entirely inaccurate here.

The failsafes are intentionally designed into the system.  There is no leaky faucet to be fixed.

To redesign the system to never have a failsafe situation would be, well a complete redesign... the benefits of which are nil.

[abdullahadam]

Problem solved.

You are learning

[mdude77]

the amount of time and effort that would be needed to eliminate the very few failsafes that do occur far outweighs the benefits of doing so at this time.

Exactly the opposite of what you want to hear from your pool operator.

I have no dog in this fight, just pointing out the "fail safes" have been the #1 complaint (next to delayed payouts, don't get me started on the 6 month no NMC payouts) for almost a year or more now? You'd think you'd personally want to fix this issue to better your pool, your supporters and miners (and to minimize the complaints!).. but evidently that is far from the case.

Again, nothing against wk or eligius- I've mined, donated etc. but have moved on to a more comfortable and less stressful pool. Happy mining all  

There are 9.5 PH/s of hashpower here which doesn't seem to be too concerned about it.  I'm a drop in the pond, and I certainly do not consider this pool uncomfortable or stressful.  To each their own..

M

[ProfMac]

Your argument about prior 150% luck is useless for any new miner that might have joined a week ago.  They have zero benefit when they weren't here.

Your point could be applied to any pool. 

M

I don't see excessive failsafes on other pools, that's my original concern.

I don't understand all the angst about fail-safe.  Are you somehow afraid?

[kebabman]

So my shares paid out has dropped to 69.04%, so over 30% shelved! Does this just mean the pool is having a run of bad luck at the moment?

[abdullahadam]

So my shares paid out has dropped to 69.04%, so over 30% shelved! Does this just mean the pool is having a run of bad luck at the moment?

Curious, where do you see how much is shelved?

Yes, current round is awful lol.   Round Luck:   14.9%

[kebabman]

It's on your stats page, it's the "Shares Rewarded" column in your current balance/estimated payout chart.

[abdullahadam]

It's on your stats page, it's the "Shares Rewarded" column in your current balance/estimated payout chart.

Estimated Change:   +0.00879411 BTC   -3.36%

Does this mean that 3.36% of my shares are shelved?

[crashoveride54902]

holy baby mother of christ...really? another 17hr block? dam luck...checked the blockchain and sure nuff...haven't found one in awhile...sad panda...not complaining bout luck thou..just sucks is all...seems like we just had a really long block not to long ago right?