Radiostatic
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Activity: 28
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February 25, 2014, 09:13:09 PM |
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Want to clarify how p2pool works - for those who wonder why they don't get payouts. In p2pool there is such thing like "minimal paid share difficulty". Its value depends on overall pool rate and it changes quite often. Only shares with difficulty above this minimum will be paid. All other shares are just for calculating your hashrate and basically don't affect you payout. Currently minimal difficulty on black coin p2pool is 0.08 - this means that paid shares are those which have diff above 0.08*65536, i.e. 5242. Another thing to take into account is that p2pool works on PPLNS system. When pool finds block it pays only for X last shares submitted to it from all user, not for all shares since last block. This mean that you shall be lucky enough to have your share in this "window" of X shares. More detailed info is here: http://pool-x.eu/aboutpplnsSummary: in order to get payout for particular block you shall have at least one paid share submitted during pool's round window. This might be problematically for miners with low hashrate when p2pool becomes large (and therefore paid share diff increases) - they might consider jumping to regular pools. And one more: all p2pool nodes posted here are part of single p2pool and there is no any difference where you mine your coins. The only thing you might want to check is server latency. So, choose the one that is closer to you. Thank you for putting it into better words than I could! I'm sure this will clear up a lot of confusion on P2P vs centralized pools so should a miner with 2MH/s join a P2P or centralised pool? thanks At that hashrate you can choose really, P2Pools usually have less fees but also infrequent but large payouts. Centralized pools pay out very often but you won't get as much when it does. Why don't try both for 24 hours and see what you like?
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radi324
Full Member
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Activity: 196
Merit: 100
Muniti creator
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February 25, 2014, 09:15:11 PM |
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I'd normally test both but since we're on a time-frame here until mining stops, I can't afford to potentially lose out on a lot of coins while testing... currently on a centralised pool and getting around 9k BCs per day
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artiface
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February 25, 2014, 09:16:07 PM |
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is bc.crypto-coinz.com down? i'm still hashing, but no web page.
nevermind. working again
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Greekpool
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Activity: 42
Merit: 0
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February 25, 2014, 09:17:21 PM |
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Has GreekPool updated to 1.0.1? It would be nice to know which pools have updated and which have not so when we get to 5000 there aren't problems.
Yes we have
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TheProgrammer
Member
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Activity: 78
Merit: 10
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February 25, 2014, 09:18:44 PM |
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Well I'm mining on dev's p2pool to support him but the 188.226.185.177:8336 pool just has been my backup pool and accidentally primary pool on one miner so that's why I noticed. I am mining for the last 20 minutes but i dont see my wallet address in Payout section even though there r like 4 blocks found in 20 mins, what could be wrong?
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Radiostatic
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Activity: 28
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February 25, 2014, 09:20:30 PM |
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Updated with direct link to the block explorer for transactions, blocks and addresses + latest client(1.0.1)!
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CremeFraiche
Newbie
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Activity: 38
Merit: 0
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February 25, 2014, 09:20:53 PM |
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So my last question to Radiostatic. I was mining the whole day with 2MH/s at your pool and payouts stopped suddenly after I was out for work. So no payouts for around 8 hours! Does I have to wait for payouts (is there something on the way) or does my rig was heating my appartment the whole day for nothing?
...does not make sense for me.
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artiface
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February 25, 2014, 09:21:49 PM |
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Updated with direct link to the block explorer for transactions, blocks and addresses + latest client(1.0.1)! Sweet. That was quick!
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oldmarsh
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February 25, 2014, 09:25:14 PM |
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Has GreekPool updated to 1.0.1? It would be nice to know which pools have updated and which have not so when we get to 5000 there aren't problems.
Yes we have Thanks for the response. Also, wanting to buy 1.0 BTC worth of BC.
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Radiostatic
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Activity: 28
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February 25, 2014, 09:28:27 PM |
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So my last question to Radiostatic. I was mining the whole day with 2MH/s at your pool and payouts stopped suddenly after I was out for work. So no payouts for around 8 hours! Does I have to wait for payouts (is there something on the way) or does my rig was heating my appartment the whole day for nothing?
...does not make sense for me.
I don't know exactly when the hashrate exploded, but P2P mining is just like solo mining, it depends on luck. Sometimes you can find 5 blocks in an hour, or 1 block in 5 hours. You'll still end up with the same payout on average if you were to mine solo or on a P2Pool, but P2Pools payout more often than solomining does.
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illodin
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February 25, 2014, 09:33:37 PM |
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Is it ok if I use the same username (i.e. wallet address) for all my miners in a p2pool? And if my miners are weak independently, do having them use the same username help to avoid the situation of not getting paid because of too low hashrate?
Oh and also, if you don't specify the difficulty in the username what is the default? Is it likely to drop below the not-gonna-give-u-any-coins limit?
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oldmarsh
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February 25, 2014, 09:34:37 PM |
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What is with the huge swings in network hashrate?
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Radiostatic
Newbie
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Activity: 28
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February 25, 2014, 09:37:28 PM |
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Is it ok if I use the same username (i.e. wallet address) for all my miners in a p2pool? And if my miners are weak independently, do having them use the same username help to avoid the situation of not getting paid because of too low hashrate?
It might be hard to understand, but the chance to hit a block after 1 minute is just as high as hitting it after 1 hour. But if someone has twice your hashrate they also have twice the chance of hitting a block. So technically you will earn the EXACT same doing centralized mining, P2P mining or even solo mining. The only difference is the fee that is applied, centralized usually having the highest, then P2P, then lastly solo mining which is feeless. It also takes the shortest time to see earnings in a centralized pool, average in a P2Pool because if ANYONE hits a block you get your share of the earnings. And lastly the longest in solo mining because you have to hit the block, but you get the whole value of it.
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illodin
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February 25, 2014, 09:42:04 PM |
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Hmm you quoted my question as if you were giving an answer to it, but I don't see it.
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Radiostatic
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February 25, 2014, 09:45:29 PM |
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Hmm you quoted my question as if you were giving an answer to it, but I don't see it. To answer it directly, you'll earn the same doing several P2Pools as you will doing just one. But you'll get more frequent payouts with less DC in them. You'll also get taxed more by the transaction fee.
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heyho
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Activity: 42
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February 25, 2014, 09:49:02 PM |
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Is it ok if I use the same username (i.e. wallet address) for all my miners in a p2pool? And if my miners are weak independently, do having them use the same username help to avoid the situation of not getting paid because of too low hashrate?
Yes, you can point several workers to mine for single payout address. Their work will be counted together. Oh and also, if you don't specify the difficulty in the username what is the default? Is it likely to drop below the not-gonna-give-u-any-coins limit?
Not sure about what is default - there vardiff algorithm and it will change constantly. But even if diff assigned to your worker will be less than minimal you will be paid only for shares that meet required diff.
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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February 25, 2014, 09:52:11 PM |
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whats going price for 10k blackcoins?
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