Bitcoin Forum
December 09, 2016, 12:07:18 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 ... 426 »
  Print  
Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 829274 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
segabtc
Sr. Member
****
Offline Offline

Activity: 462


View Profile
December 09, 2012, 12:41:23 AM
 #1381

lol , nahh you da man. got faith that is was gonna flip to the other side, just "when" is the only question.
1481242038
Hero Member
*
Offline Offline

Posts: 1481242038

View Profile Personal Message (Offline)

Ignore
1481242038
Reply with quote  #2

1481242038
Report to moderator
Goat says: "Bitcoin is NOT Illegal in Thailand. There is no law against Bitcoin in Thailand!"
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481242038
Hero Member
*
Offline Offline

Posts: 1481242038

View Profile Personal Message (Offline)

Ignore
1481242038
Reply with quote  #2

1481242038
Report to moderator
os2sam
Legendary
*
Online Online

Activity: 1918


Think for yourself


View Profile
December 09, 2012, 12:44:28 AM
 #1382

wow just like that the luck switches to the other side 5 blocks in last 2 shifts.

That's what I get for taking the opportunity of bad luck to shut my mining down to do some maintenance.

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?
DrG
Legendary
*
Offline Offline

Activity: 1456



View Profile
December 09, 2012, 02:26:21 PM
 #1383

What's with the run of bad luck that's going 2 nights now around midnight PST and onward - no blocks for 6 hours  Cry

Eleuthria, I saw this on the BTC Block History Page:

"BTC Guild is a Pure Pay-per-Share, so our luck on blocks has no effect on users. However, this page is provided so people can see what blocks we have found for the network."

With PPLNS available you might want to change that or noobies might get confused  Grin

meebs
Sr. Member
****
Offline Offline

Activity: 364


View Profile
December 09, 2012, 03:04:43 PM
 #1384

wow just like that the luck switches to the other side 5 blocks in last 2 shifts.

wonder how much BTC he made in those 5 blocks after losing 200...

If you enjoyed the advice I gave, feel free to toss over some loose change Smiley
1P67xUSyCchQSwngptRVBKso4mMEZMGALZ
os2sam
Legendary
*
Online Online

Activity: 1918


Think for yourself


View Profile
December 09, 2012, 03:36:18 PM
 #1385

wow just like that the luck switches to the other side 5 blocks in last 2 shifts.

wonder how much BTC he made in those 5 blocks after losing 200...

Dunno for sure, but maybe 3%???

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?
fcmatt
Legendary
*
Offline Offline

Activity: 1106


View Profile
December 09, 2012, 04:43:52 PM
 #1386

wow just like that the luck switches to the other side 5 blocks in last 2 shifts.

wonder how much BTC he made in those 5 blocks after losing 200...

Lets not get jealous :-)

He is losing it back right now.

And i am unsure if pplns is right for me. With very high diff, variance can be so bad, that there is a great chance of luck being bad for a long time before it evens out. Like bad luck until gpus are no longer useful. I think. Pps might be the right play with the gpu cycle of mining ending.
Naelr
Full Member
***
Offline Offline

Activity: 231


View Profile WWW
December 09, 2012, 10:41:01 PM
 #1387

wow just like that the luck switches to the other side 5 blocks in last 2 shifts.

wonder how much BTC he made in those 5 blocks after losing 200...

Lets not get jealous :-)

He is losing it back right now.

And i am unsure if pplns is right for me. With very high diff, variance can be so bad, that there is a great chance of luck being bad for a long time before it evens out. Like bad luck until gpus are no longer useful. I think. Pps might be the right play with the gpu cycle of mining ending.

The right play for you maybe but PPS means that BTC Guild must take the hit for the bad luck.  Sure PPS users got paid during all the bad luck but BTC Guild went in its operating wallet to pay out all those bad luck shares PPS users didn't have to worry about.  PPLNS is the only answer for the future.  Eleuthria doesn't have an unending supply of BTC to payout to the PPS miners sooner or later he is going to have 0 in his wallet and not be able to pay.  I applaud Eleuthria and all he has done and I am switching to full PPLNS luck or no luck I will not ask  Eleuthria to keep paying out of pocket, the 5% he was taking should be to run the pool not pay out when luck goes bad.  This is, of course, everyone's personal choice to make but with ASICs coming it would not surprise me if all PPS pools stopped being PPS. just my 2 bitcents

Naelr

Join me in hosted mining.  And always use 2 Factor Auth whenever possible.
CEX.IO hosting mining
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
December 10, 2012, 04:10:41 AM
 #1388

The right play for you maybe but PPS means that BTC Guild must take the hit for the bad luck.  Sure PPS users got paid during all the bad luck but BTC Guild went in its operating wallet to pay out all those bad luck shares PPS users didn't have to worry about.  PPLNS is the only answer for the future.  Eleuthria doesn't have an unending supply of BTC to payout to the PPS miners sooner or later he is going to have 0 in his wallet and not be able to pay.  I applaud Eleuthria and all he has done and I am switching to full PPLNS luck or no luck I will not ask  Eleuthria to keep paying out of pocket, the 5% he was taking should be to run the pool not pay out when luck goes bad.  This is, of course, everyone's personal choice to make but with ASICs coming it would not surprise me if all PPS pools stopped being PPS. just my 2 bitcents

Naelr

I don't have an unending supply, but there isn't a risk of that buffer going to 0 anytime soon.  BTC Guild is one of the longest running pools, and I've had enough fortune to be there almost at the start.  Regardless of network rate or difficulty, a PPS pool charging a proper fee and keeping a well stocked buffer before pulling money out should not go bankrupt unless there is sabotage. (see organofcorti's writeup about bankruptcy/buffer values for a given PPS fee [this may have been Meni, I'm terrible with names Sad ).

PPLNS is a great option for miners who don't mind variance in order to maximize long term rewards.  PPS is great for miners who don't like really big swings like we've seen the last 2 days (2 shifts paying 0, followed by a few shifts almost paying double PPS, then back to low amounts).

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 1960


Poor impulse control.


View Profile WWW
December 10, 2012, 04:42:42 AM
 #1389

(see organofcorti's writeup about bankruptcy/buffer values for a given PPS fee [this may have been Meni, I'm terrible with names Sad ).

It was Meni's work: https://bitcoil.co.il/pool_analysis.pdf

The relevant section is Appendix C: Safety nets for PPS pools


I did actually use his work in the "PPS pool op risk" context in someone's thread to point out the dangers of an insufficient PPS fee, but if any miners are interested in this you're better off going to the source. It has nice clear examples if you don't follow the derivation.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
Naelr
Full Member
***
Offline Offline

Activity: 231


View Profile WWW
December 10, 2012, 09:48:31 PM
 #1390

The right play for you maybe but PPS means that BTC Guild must take the hit for the bad luck.  Sure PPS users got paid during all the bad luck but BTC Guild went in its operating wallet to pay out all those bad luck shares PPS users didn't have to worry about.  PPLNS is the only answer for the future.  Eleuthria doesn't have an unending supply of BTC to payout to the PPS miners sooner or later he is going to have 0 in his wallet and not be able to pay.  I applaud Eleuthria and all he has done and I am switching to full PPLNS luck or no luck I will not ask  Eleuthria to keep paying out of pocket, the 5% he was taking should be to run the pool not pay out when luck goes bad.  This is, of course, everyone's personal choice to make but with ASICs coming it would not surprise me if all PPS pools stopped being PPS. just my 2 bitcents

Naelr

I don't have an unending supply, but there isn't a risk of that buffer going to 0 anytime soon.  BTC Guild is one of the longest running pools, and I've had enough fortune to be there almost at the start.  Regardless of network rate or difficulty, a PPS pool charging a proper fee and keeping a well stocked buffer before pulling money out should not go bankrupt unless there is sabotage. (see organofcorti's writeup about bankruptcy/buffer values for a given PPS fee [this may have been Meni, I'm terrible with names Sad ).

PPLNS is a great option for miners who don't mind variance in order to maximize long term rewards.  PPS is great for miners who don't like really big swings like we've seen the last 2 days (2 shifts paying 0, followed by a few shifts almost paying double PPS, then back to low amounts).

Oh I figured you had quite a buffer saved up... This isn't the first time you reported bad luck and had to pay out to the PPS's but in the end has all your time, effort and work actually equal to the BTC that is in that buffer?  Or is it more fair to say your in the hole more then anyone knows or you would even care to admit?  Servers, bandwidth, coding, sleepless nights???  Don't get me wrong... I believe BTC Guild is the best pool out there.. your fort coming with all your information you work hard at keeping the pool going and your passionate about BTC and the pool in general ...  I wouldn't want to be putting my limited hashing power into any other pool but I personally feel you have gone above and beyond the call of duty and I am going to put my mining into your PPLNS so I don't take any more from your generosity and am able to give back.  Maybe I am talking out my ass but it is my ass and I can blow it any time I want!   Grin Grin Grin Grin Grin Grin Grin Grin  Keep up the great work... Thanks for all you do!

Naelr

Join me in hosted mining.  And always use 2 Factor Auth whenever possible.
CEX.IO hosting mining
beekeeper
Sr. Member
****
Offline Offline

Activity: 406


LTC


View Profile WWW
December 10, 2012, 10:33:34 PM
 #1391

If the HASH/s would be constant, after long time, eleutheria would gain 5% fee of the transactions he did to cover his already done spending with servers and everything.
However, first the guild increased 300-400% in hash power and then reward halfed. So, it will take long time to stabilize.

25Khs at 5W Litecoin USB dongle (FPGA), 45kHs overclocked
https://bitcointalk.org/index.php?topic=310926
Litecoin FPGA shop -> http://ltcgear.com
meebs
Sr. Member
****
Offline Offline

Activity: 364


View Profile
December 11, 2012, 03:38:52 AM
 #1392

wow just like that the luck switches to the other side 5 blocks in last 2 shifts.

wonder how much BTC he made in those 5 blocks after losing 200...

Lets not get jealous :-)

He is losing it back right now.

And i am unsure if pplns is right for me. With very high diff, variance can be so bad, that there is a great chance of luck being bad for a long time before it evens out. Like bad luck until gpus are no longer useful. I think. Pps might be the right play with the gpu cycle of mining ending.

oh i wasnt jealous, but actually curious (and only curious, as i know that is propriatary information for a pool). I know that supposedly mathmatically they will come ahead approximately the fee % in the long run. but it is interesting to see such huge swings in the mean time.

If you enjoyed the advice I gave, feel free to toss over some loose change Smiley
1P67xUSyCchQSwngptRVBKso4mMEZMGALZ
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 1960


Poor impulse control.


View Profile WWW
December 11, 2012, 04:05:58 AM
 #1393

And i am unsure if pplns is right for me. With very high diff, variance can be so bad, that there is a great chance of luck being bad for a long time before it evens out. Like bad luck until gpus are no longer useful. I think. Pps might be the right play with the gpu cycle of mining ending.

With a very high percentage of the network and a long "look back" period, your daily variance here will be one of the lowest of any non-PPS pool.


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
fcmatt
Legendary
*
Offline Offline

Activity: 1106


View Profile
December 11, 2012, 04:11:21 AM
 #1394

And i am unsure if pplns is right for me. With very high diff, variance can be so bad, that there is a great chance of luck being bad for a long time before it evens out. Like bad luck until gpus are no longer useful. I think. Pps might be the right play with the gpu cycle of mining ending.

With a very high percentage of the network and a long "look back" period, your daily variance here will be one of the lowest of any non-PPS pool.



I guess i no longer feel like trying to earn a bit more. I moved from deepbit to here again just for pps before pplns arrived. I switched back and like the predictable results. Pps for now. Which means pplns users get ready for awesome luck! I moved to pps. Heh.
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
December 12, 2012, 04:26:48 AM
 #1395

Small bug fix on the API:  24 Hour Earnings is now properly adding PPLNS earnings to the "past_24h_rewards" field.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
December 13, 2012, 07:27:23 PM
 #1396

I will be pushing an update to the Stratum server on December 19th.  This change will allow you to set a minimum difficulty on any worker.  Here is how it will work:

1) Difficulty will be adjustable under a new settings page (may involve some changes to Manage Workers).
2) When authorizing a worker with the Stratum server, it will load the difficulty settings you've set.
3) If the newly authorized worker is set to a higher difficulty than your connection is currently set to, the difficulty will be increased immediately.
4) Your difficulty on that connection will never drop below the minimum difficulty of that worker.


For most configurations (native stratum miners), this will be straightforward.  This can get confusing for a Stratum Proxy, since difficulty is set per connection, not per worker.  If you authorize many workers through one Stratum proxy, your difficulty will be set to the highest authorized worker's value.


Var-diff will still adjust difficulty higher if you are submitting shares too frequently.  Recently Stratum pools were updated to a much higher Shares-per-Minute setting, meaning it doesn't adjust a worker unless they submit more than 40 shares per minute.  This reduces overall variance, at the cost of slightly higher bandwidth.  This is still drastically lower than anything you would experience using getwork, and still ends up being only ~0.1 KB/sec data transfer.



This notice is going up almost a week in advance to remind miners that they should set backup pools.  You can set a different BTC Guild server as your backup, which will keep you hashing with BTC Guild during the downtime.  Ideally, your primary would be set to either btcguild.com or de.btcguild.com, and your 1st backup would be set to the other server.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
ilovethebtc
Member
**
Offline Offline

Activity: 61


View Profile
December 16, 2012, 06:10:42 AM
 #1397

There seems to be some connectivity issues right now.  Pool speed is dropping quite a bit.
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
December 16, 2012, 06:12:00 AM
 #1398

There seems to be some connectivity issues right now.  Pool speed is dropping quite a bit.

Yes, there's heavy packet loss to the server that started up about 8 minutes ago.  I'm not seeing any signs that this is an attack, but it's very unusual.  The longest outage I've ever had at the datacenter is ~5 minutes in the last year, everything else was either a DDoS or my servers acting up.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
December 16, 2012, 06:18:23 AM
 #1399

Everything is back online.  Appears it was some internal routing issue with the datacenter.  Total downtime was ~10 minutes.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
ilovethebtc
Member
**
Offline Offline

Activity: 61


View Profile
December 16, 2012, 06:20:11 AM
 #1400

Everything is back online.  Appears it was some internal routing issue with the datacenter.  Total downtime was ~10 minutes.

My miners looking good again.  Thanks.
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 ... 426 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!