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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 829654 times)
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Graet
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October 10, 2012, 12:35:48 AM
 #1081

With people like you being the engine of Bitcoin, it's going nowehere. Yet another wonderful idea ruined by bunch of idiots.
with respect 99.9% of the worlds population uses fiat money without ever being involved in production, transport or verification of transactions of that money in fact most don't even think about all that - as long as it works. This restricts no-one from using fiat money.

Bitcoin mining is changing a *lot* over the next few months from dedicated Bitcoin only hardware to the halving of the block reward.
GPU will be much less profitable - how many of your 99% will be purchasing single use dedicated hardware to Bitcoin mine on? If they do they should be looking t the AVALON ASIC, apparently that will be power cable and network cable and it will mine with minimal setup required.

Bitcoin "mining" and verification will continue fine - and no I am not trying to grab all the mining for myself - if there was only 1 miner on the planet Bitcoin is dead - the distributed trust model is gone and it is centralised (something it was designed not to be and something I am not interested in).

Please if you are going to discuss this keep it to reality "happens to Bitcoin if death squads come and just eliminate most of top miners" I am not sure what country you live in but that is very unlikely to happen in mine...

and really your "normal people " should not be beta testing any software let alone a digital cryptocurrency.

Bitcoin mining is open to anyone that wants to learn and try - not everyone is willing to learn or try, this is not the fault of the community or Bitcoin.

Abusing people for reponding does not strengthen your case
peace
Graet

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a transaction fee.
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Graet
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October 10, 2012, 12:51:36 AM
 #1082

With people like you being the engine of Bitcoin, it's going nowehere. Yet another wonderful idea ruined by bunch of idiots.
with respect 99.9% of the worlds population uses fiat money without ever being involved in production, transport or verification of transactions of that money in fact most don't even think about all that - as long as it works.

Problme here is of different nature.
no at all
Bitcoin is free - those that choose to learn and invest can be involved in Bitcoin mining
Those that choose not to can just use Bitcoin as a currency
There is more choice here than in the fiat systems - try joining in and printing your national currency - it wont work , most countries call it counterfeiting.
Graet

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October 10, 2012, 02:59:33 AM
 #1083

Does the pool no longer automatically redirect you to the stratum servers?  CG Miner 2.8.1 says it's using LP.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 10, 2012, 11:49:35 AM
 #1084

Does the pool no longer automatically redirect you to the stratum servers?  CG Miner 2.8.1 says it's using LP.

OK, I see that stratum is using a new port and a different IP address now.  Is there a DNS name that that IP address resolves to?  Also are you going to use a different port and host/IP for each server location?  Are these going to be changing often?
Thanks,
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 10, 2012, 12:27:17 PM
 #1085

Following is how I am using the new stratum version:

cgminer -o btcguild.com:8332 -u averwind -p x -I 9 -v 2 -w 128

I have 10miners and all of them had the same windows message this morning "cgminer has stopped working". I will give it another go but this just doesn't look good...
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October 10, 2012, 04:09:59 PM
 #1086

Following is how I am using the new stratum version:

cgminer -o btcguild.com:8332 -u averwind -p x -I 9 -v 2 -w 128

I have 10miners and all of them had the same windows message this morning "cgminer has stopped working". I will give it another go but this just doesn't look good...

Did you cut off the worker part of your command line?  Because -u averwind is not a valid worker (you're missing _[workername]).

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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October 10, 2012, 04:18:28 PM
 #1087

Did you cut off the worker part of your command line?  Because -u averwind is not a valid worker (you're missing _[workername]).

Yeah I intentionally cut it. The statistics and everything was showing that all was fine for 5 hours than suddenly I got the windows message telling me nothing.
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October 10, 2012, 04:26:41 PM
 #1088

Did you cut off the worker part of your command line?  Because -u averwind is not a valid worker (you're missing _[workername]).

Yeah I intentionally cut it. The statistics and everything was showing that all was fine for 5 hours than suddenly I got the windows message telling me nothing.

I haven't used the new cgminer on Windows (my only miners use Linux).  Are you using 2.8.0 or 2.8.1?  I know 2.8.0 had issues if there's any kind of connection trouble between you and the server.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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October 10, 2012, 04:52:15 PM
 #1089

Unfortunately my cgminer 2.8.1 freezed during pool restart few minutes ago. So there's still some problem...

I'm an idiot (again). It was fault in my code.

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October 10, 2012, 05:29:37 PM
 #1090

I haven't used the new cgminer on Windows (my only miners use Linux).  Are you using 2.8.0 or 2.8.1?  I know 2.8.0 had issues if there's any kind of connection trouble between you and the server.

2.8.1 for the last 4 hours there wasn't a problem.
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October 10, 2012, 06:12:54 PM
 #1091

For those who haven't read it yet, organofcorti has a writeup about variable difficulty found here: http://organofcorti.blogspot.com/2012/10/71-variable-pool-difficulty.html

For a summary of the BTC Guild effects:

BTC Guild has a target share rate of 12-19 shares per minute.  This means your hourly variance should be between -7% to +7%.  Daily variance should be between -1.5% to 1.5%.  This is assuming you are at the low end (12 shares per minute).

This only affects users that have enough speed to require a difficulty greater than 1.  For users still at difficulty=1, the individual miner variance is no different than what you would have had before Stratum on any other PPS pool.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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October 10, 2012, 08:34:15 PM
 #1092

WARNING TO CGMINER USERS
A bug has been reported by two users so far with cgminer 2.8.1.  This bug is so far only being shown to affect workers that are very fast (> 4 GH/s).  There seems to be a bug in cgminer 2.8.1's difficulty targetting, and when a miner either hits difficulty=4, or is supposed to hit difficulty=8 (not yet confirmed which part is causing the problem), it is having drastically reduced share submissions.

If you are having this problem, downgrade to a 2.7.x version of cgminer and use the stratum proxy, or regular getwork pools.  I've posted on the cgminer thread and am waiting for a response from ckolivas.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
BitMinerN8
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October 10, 2012, 09:43:37 PM
 #1093

WARNING TO CGMINER USERS
A bug has been reported by two users so far with cgminer 2.8.1.  This bug is so far only being shown to affect workers that are very fast (> 4 GH/s).  There seems to be a bug in cgminer 2.8.1's difficulty targetting, and when a miner either hits difficulty=4, or is supposed to hit difficulty=8 (not yet confirmed which part is causing the problem), it is having drastically reduced share submissions.

If you are having this problem, downgrade to a 2.7.x version of cgminer and use the stratum proxy, or regular getwork pools.  I've posted on the cgminer thread and am waiting for a response from ckolivas.

Something else I noticed with the issue was the cgminer console looked fine, as in it reported your normal hash rate consistantly. When I would look on the Worker Summary page it would get slower and slower over 10 min or so. Switched back to cgminer 2.7.7 and Stratum Proxy 1.0.2 and all is well. For those needing the latest Stratum proxy, it's here: https://github.com/slush0/stratum-mining-proxy
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October 10, 2012, 10:49:09 PM
 #1094

The payout minimum will not be lowered any time soon.  If it does, there will be a fee attached to requesting such a small payout, because I will not be the one paying the transaction fee in order to send somebody a payout that is worth less than $1.
As a long time user of Bitcoin and a developer: Thank you for taking a firm position against making dust payouts. Blockchain bloat is no one's friend, and tiny outputs will likely never get spent— meaning they'll bloat the txout set perpetually.
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October 10, 2012, 10:55:34 PM
 #1095

The payout minimum will not be lowered any time soon.  If it does, there will be a fee attached to requesting such a small payout, because I will not be the one paying the transaction fee in order to send somebody a payout that is worth less than $1.
As a long time user of Bitcoin and a developer: Thank you for taking a firm position against making dust payouts. Blockchain bloat is no one's friend, and tiny outputs will likely never get spent— meaning they'll bloat the txout set perpetually.


Can that be remedied by sending all coins from one wallet to another in one transaction?  Also what is the recommended payout size?  I've heard 1 BTC is good.
Thanks,
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 10, 2012, 10:55:45 PM
 #1096

As a long time user of Bitcoin and a developer: Thank you for taking a firm position against making dust payouts. Blockchain bloat is no one's friend, and tiny outputs will likely never get spent— meaning they'll bloat the txout set perpetually.

On the other hand, thanks to sites like Satoshi dice or Deepbit, bitcoin client get drastically improved in the area of tx processing and a lot of other major improvements are coming thanks to unbelievable effort of core developers. Although I'm not a fan of bloating blockchain, these things definitely help whole project move forward its prime time...

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October 11, 2012, 12:19:24 AM
 #1097

The payout minimum will not be lowered any time soon.  If it does, there will be a fee attached to requesting such a small payout, because I will not be the one paying the transaction fee in order to send somebody a payout that is worth less than $1.
As a long time user of Bitcoin and a developer: Thank you for taking a firm position against making dust payouts. Blockchain bloat is no one's friend, and tiny outputs will likely never get spent— meaning they'll bloat the txout set perpetually.


Can that be remedied by sending all coins from one wallet to another in one transaction?  Also what is the recommended payout size?  I've heard 1 BTC is good.
Thanks,
Sam

I've always felt the best setting for automatic payments to be the greater of:  1 BTC or your weekly mining revenue.  Think of it as your weekly mining paycheck.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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October 11, 2012, 12:20:29 AM
 #1098

The payout minimum will not be lowered any time soon.  If it does, there will be a fee attached to requesting such a small payout, because I will not be the one paying the transaction fee in order to send somebody a payout that is worth less than $1.
As a long time user of Bitcoin and a developer: Thank you for taking a firm position against making dust payouts. Blockchain bloat is no one's friend, and tiny outputs will likely never get spent— meaning they'll bloat the txout set perpetually.


Can that be remedied by sending all coins from one wallet to another in one transaction?  Also what is the recommended payout size?  I've heard 1 BTC is good.
Thanks,
Sam

I've always felt the best setting for automatic payments to be the greater of:  1 BTC or your weekly mining revenue.  Think of it as your weekly mining paycheck.

And your weekly mining earnings variance will be minimal.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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October 11, 2012, 01:03:50 AM
 #1099

The payout minimum will not be lowered any time soon.  If it does, there will be a fee attached to requesting such a small payout, because I will not be the one paying the transaction fee in order to send somebody a payout that is worth less than $1.
As a long time user of Bitcoin and a developer: Thank you for taking a firm position against making dust payouts. Blockchain bloat is no one's friend, and tiny outputs will likely never get spent— meaning they'll bloat the txout set perpetually.


Can that be remedied by sending all coins from one wallet to another in one transaction?  Also what is the recommended payout size?  I've heard 1 BTC is good.
Thanks,
Sam

I've always felt the best setting for automatic payments to be the greater of:  1 BTC or your weekly mining revenue.  Think of it as your weekly mining paycheck.

Riiiiiiiiiiiiiight - trap all small miners into your stupid pool in order to prevent blockchain from becoming bloated. Fuck you!

I swear - if someone gives me a button which would permanently eliminate current and any future pool owners, I'd press
it right now. What next showoff of your power we can expect? Miners with less than 1 GHash/sec can't join? Fuck you!

Now you've gone a bit beyond ridiculous.

Don't know if you've been keeping tabs on what's going to be happening to the network hash rate, but, in 2 or 3 months 1Ghs will be a smaller percentage your 35Mhs/s 4670 is now.  And he won't be barring small hash rate miners.
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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October 11, 2012, 01:20:09 AM
 #1100

Riiiiiiiiiiiiiight - trap all small miners into your stupid pool in order to prevent blockchain from becoming bloated. Fuck you!

I swear - if someone gives me a button which would permanently eliminate current and any future pool owners, I'd press
it right now. What next showoff of your power we can expect? Miners with less than 1 GHash/sec can't join? Fuck you!

You're welcome to fuck off and mine solo.  If 0.10 BTC is too much for a miner to accumulate before needing to withdraw, then maybe they should reconsider mining, since they're obviously losing money by doing so.  I gave recommended numbers, not mandatory amounts.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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