Bitcoin Forum
December 06, 2016, 02:31:41 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 [234] 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 ... 426 »
  Print  
Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 828893 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.
mdude77
Legendary
*
Offline Offline

Activity: 1358


View Profile
November 11, 2013, 09:10:35 PM
 #4661

I can't really help with the above, other than suggesting you add eu-stratum.btcguild.com as your 2nd pool.  The US server is online and running solid (as noted by the unchanged pool speed), which means the connection issue is local, not on the server side.

Is gigaforce down?  I thought I had something wrong, but the credentials that work on stratum and eu-strautum do not work on gigaforce.

M

MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
Buyer beware of Bitmain hardware and services.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481034701
Hero Member
*
Offline Offline

Posts: 1481034701

View Profile Personal Message (Offline)

Ignore
1481034701
Reply with quote  #2

1481034701
Report to moderator
1481034701
Hero Member
*
Offline Offline

Posts: 1481034701

View Profile Personal Message (Offline)

Ignore
1481034701
Reply with quote  #2

1481034701
Report to moderator
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
November 11, 2013, 10:36:49 PM
 #4662

I really am curious why everybody calls it "gigaforce".  But no, gigaforge still works just fine, it's the exact same server as what you get redirected to on stratum.btcguild.com, it just skips the validation server.

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

Activity: 205


View Profile
November 11, 2013, 11:29:58 PM
 #4663

I noticed that block 269054 paid out about 70% more than the blocks surrounding it, and I'm curious how that's possible.

This was a few hours ago.

I assume it's because the transaction fees on that particular block were particularly high. But, the block only shows some 200 transactions. Was it a stunningly large transaction or a stunningly large transaction fee? If there's some way to determine this from all the reports that our out there, feel free to teach me how to fish, rather than giving me the fish. Smiley

Tigggger
Legendary
*
Offline Offline

Activity: 952



View Profile
November 11, 2013, 11:36:57 PM
 #4664

I noticed that block 269054 paid out about 70% more than the blocks surrounding it, and I'm curious how that's possible.

This was a few hours ago.

I assume it's because the transaction fees on that particular block were particularly high. But, the block only shows some 200 transactions. Was it a stunningly large transaction or a stunningly large transaction fee? If there's some way to determine this from all the reports that our out there, feel free to teach me how to fish, rather than giving me the fish. Smiley


https://blockchain.info/block-height/269054

Transaction Fees   18.82943281 BTC

Click the hash link to view all the included transactions

https://blockchain.info/block-index/439225/0000000000000004b99b244953c6ae9d3905181e140a47ba9434407d0832a7eb

And from there find the generous transaction

https://blockchain.info/tx/cd754c46f1bd3a43c4e07a8ce2ad9728b4dfffde69293125612baaa33a9af1c5

eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
November 11, 2013, 11:38:58 PM
 #4665

I noticed that block 269054 paid out about 70% more than the blocks surrounding it, and I'm curious how that's possible.

This was a few hours ago.

I assume it's because the transaction fees on that particular block were particularly high. But, the block only shows some 200 transactions. Was it a stunningly large transaction or a stunningly large transaction fee? If there's some way to determine this from all the reports that our out there, feel free to teach me how to fish, rather than giving me the fish. Smiley



On the Pool Stats page, there's a list of blocks at the bottom, which includes how many BTC were mined with the block.  Everything over 25 = Transaction fees.

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

Activity: 205


View Profile
November 11, 2013, 11:45:26 PM
 #4666

Thanks, Tigggger and eleuthria!

Edit: One might think that a cap on total transaction fees is reasonable. ~US$6,392 for processing a transaction of ~$179,860 seems excessive. Not that I am complaining about my tiny share of that—because, you know, hoorah!—but my gut reaction is that this is detrimental to the long-term health of the BTC ecosystem. A percentage with a cap would encourage more transactions.

At the same time, I assume that people who are much smarter than me have put a lot of thought into the subject. Can anyone shed some light?
Tigggger
Legendary
*
Offline Offline

Activity: 952



View Profile
November 11, 2013, 11:47:34 PM
 #4667

Thanks, Tigggger and eleuthria!

No problem, I edited with a bit more info as you were asking how to find it.

BrandonMcPherson
Full Member
***
Offline Offline

Activity: 205


View Profile
November 11, 2013, 11:53:01 PM
 #4668

I edited with another question. Smiley

And a big thanks for the how-to-find-it info.
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
November 11, 2013, 11:53:46 PM
 #4669

Thanks, Tigggger and eleuthria!

Edit: One might think that a cap on total transaction fees is reasonable. ~US$6,392 for processing a transaction of ~$179,860 seems excessive. Not that I am complaining about my tiny share of that—because, you know, hoorah!—but my gut reaction is that this is detrimental to the long-term health of the BTC ecosystem. A percentage with a cap would encourage more transactions.

At the same time, I assume that people who are much smarter than me have put a lot of thought into the subject. Can anyone shed some light?

A transaction with a fee like that is not created by any standard Bitcoin client.  It's somebody writing a transaction in raw format and screwing up.

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

Activity: 205


View Profile
November 12, 2013, 12:18:15 AM
 #4670

Fascinating. Thanks, Eleuthria.

His pain, our gain...
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
November 12, 2013, 12:44:41 AM
 #4671

Fascinating. Thanks, Eleuthria.

His pain, our gain...

It's unfortunate because now you have these pools that share txfees with miners (in the old days that was extremely rare).  Before, they could contact the pool and most upstanding pools would refund the tx fees.  Now that is only an option if your pool makes miners wait for 120 confirmations (and then it's still only a ~16 hour window to try to ask for the error back) before they can claim funds from a block.  In the case of BTC Guild, we do instant crediting of block rewards.  There's no way to refund those fees since the miners already got paid (and in many cases already withdrew).

Of course, the real argument:  Why the hell weren't they using testnet to mess with raw transactions first?  It's just stupid to be playing with thousands of dollars on the live network if you aren't positive you've done it right.

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

Activity: 205


View Profile
November 12, 2013, 01:06:09 AM
 #4672

Good points, and now that I understand more of the issues, I retract my hope that more such blocks come our way. The short term gain is not worth the detrimental impact incidents like this have on the broader ecosystem.

Again, thanks for the insight.
neutralist
Member
**
Offline Offline

Activity: 86


View Profile
November 12, 2013, 04:05:45 AM
 #4673



Transaction Fees   18.82943281 BTC



That's nothing. A while ago someone mined a block with 106 BTC and he is with BTC Guild so everyone who use PPLNS get benefited.
Zelek Uther
Hero Member
*****
Offline Offline

Activity: 658


Run a Bitcoin node.


View Profile
November 12, 2013, 04:31:56 AM
 #4674

I can't really help with the above, other than suggesting you add eu-stratum.btcguild.com as your 2nd pool.  The US server is online and running solid (as noted by the unchanged pool speed), which means the connection issue is local, not on the server side.
Thanks for the helpful advice, I'll do that.  (FYI the issue resolved itself after about 30 mins.)

How much hashrate does one need to qualify for the private server?

 BTW congrats on the pool, it is a superb service!

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
November 12, 2013, 04:46:17 AM
 #4675

I can't really help with the above, other than suggesting you add eu-stratum.btcguild.com as your 2nd pool.  The US server is online and running solid (as noted by the unchanged pool speed), which means the connection issue is local, not on the server side.
Thanks for the helpful advice, I'll do that.  (FYI the issue resolved itself after about 30 mins.)

How much hashrate does one need to qualify for the private server?

 BTW congrats on the pool, it is a superb service!

The "real" private server "required speed" is variable.  It mostly requires that you have a "fairly significant" investment in mining.  As new mining hardware has become available at lower prices, this threshold has been raised over time (otherwise anybody with a Saturn would have it).

However, whenever a persistent attack appears, there are semi-private servers that are quickly distributed to miners with a reasonable history with BTC Guild to help get them back online in the event that the baseline defenses aren't adequate.

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

Activity: 205


View Profile
November 12, 2013, 05:40:23 AM
 #4676

The price of Block Erupters has skyrocketed with the jump in BTC price. 10 days ago they were briefly down to US$7.95 on Amazon. Today, Prime customers can get them for US$23.97.  The blades have edged up a little, while used Jalapenos and Singles have increased maybe 30-40%.

I'm having a hard time doing the math on relative value, especially with the volatility of BTC itself, and especially especially with KNC and BFL promising new deliveries in November.  Shit, that's this month.
eleuthria
Legendary
*
Offline Offline

Activity: 1750


BTC Guild Owner


View Profile WWW
November 12, 2013, 06:09:03 AM
 #4677

The price of Block Erupters has skyrocketed with the jump in BTC price. 10 days ago they were briefly down to US$7.95 on Amazon. Today, Prime customers can get them for US$23.97.  The blades have edged up a little, while used Jalapenos and Singles have increased maybe 30-40%.

I'm having a hard time doing the math on relative value, especially with the volatility of BTC itself, and especially especially with KNC and BFL promising new deliveries in November.  Shit, that's this month.

BFL promising deliveries in November, that's cute.  Obviously 2014 Tongue

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

Activity: 205


View Profile
November 12, 2013, 06:13:18 AM
 #4678

It's a fair point...
jojo69
Hero Member
*****
Offline Offline

Activity: 728



View Profile
November 12, 2013, 07:09:37 AM
 #4679


BFL promising deliveries in November, that's cute.  Obviously 2014 Tongue

guffaw

You guys hear about BFL hiring a call center to run their customer list trying to drum up monarch orders with 20% off vouchers?  There were at least 3 threads and about 95% of posters reported indicating, shall we say, disinterest.

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
BrandonMcPherson
Full Member
***
Offline Offline

Activity: 205


View Profile
November 12, 2013, 07:59:24 AM
 #4680

One would think that one of the larger outfits would learn from their collective mistakes and:

1.) Pre-announce no more than two weeks in advance of shipping, a month if they want to

2.) Sell inventory-on-hand only.

I realize that pre-orders have been used to finance the whole shebang so far, but proof-of-concept has been established. There is VC money available for companies that want to do it right. The pre-order model is clearly a failure.
Pages: « 1 ... 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 [234] 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 ... 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!