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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 829304 times)
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eleuthria
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January 30, 2014, 11:15:11 PM
 #5801

At the risk of sounding stupid, can someone explain the the pool luck chart to me.  I understand luck neutral is 100%; however, if the line is at say, 134%, what does that mean exactly (or if the line is at 4%, for that matter).  Thanks for any help!

On the graph, it's the luck per shift.  So each shift gets paid X amount for its time.  At 100%, it paid exactly what you'd expect.  That will obviously never happen (or at least almost never happen) since shifts aren't based on blocks found but shares submitted, so it's always going to be at least a little +/- from 100% for a given shift.

This percent is equivalent to how much you made above or below expectation.  So if you plug your hash rate into a mining calculator, it will spit out your expected earnings for a day/week/month.  Subtract the pool fee (3%) from that for your expected earnings on BTC Guild at your hash rate.  If a shift were at 100%, it'd be exactly the same as that calculation (maybe +/- a few satoshis from rounding).  Otherwise, the % shown is basically the % of that expectation.  If it's 134%, you made 34% more than what your speed is expected to make.  If it's 63%, you made 63% of what you would expect to make.

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January 31, 2014, 02:40:45 AM
 #5802

When is additional merged mining coming? I remember end of January was said.

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eleuthria
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January 31, 2014, 02:49:56 AM
 #5803

When is additional merged mining coming? I remember end of January was said.

No date was ever given for DVC/IXC, only that they would come *after* the new backend and after Scrypt Guild.  Unfortunately, the new backend took much longer than expected (illness + bugs), and was eventually scrapped entirely.  As a result, Scrypt Guild is also pushed back further.

IXC and DVC are *completely* worthless.  If BTC Guild adds them, they'll just become twice as hard to mine from difficulty, and go even further down in value since you'll have a whole lot of new people selling them to the highest bid on the books.  Right now they add less than 0.2%.  If their difficulty was increased by BTC Guild's hash rate, it would be less than 0.1%, not counting the drop in value guaranteed to follow the rise in difficulty.


This isn't saying they won't be added, just that they have always been near the bottom of the list of things to add/consider adding.

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MoreBloodWine
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January 31, 2014, 03:06:19 AM
 #5804

No date was ever given for DVC/IXC, only that they would come *after* the new backend and after Scrypt Guild.  Unfortunately, the new backend took much longer than expected (illness + bugs), and was eventually scrapped entirely.  As a result, Scrypt Guild is also pushed back further.

IXC and DVC are *completely* worthless.  If BTC Guild adds them, they'll just become twice as hard to mine from difficulty, and go even further down in value since you'll have a whole lot of new people selling them to the highest bid on the books.  Right now they add less than 0.2%.  If their difficulty was increased by BTC Guild's hash rate, it would be less than 0.1%, not counting the drop in value guaranteed to follow the rise in difficulty.


This isn't saying they won't be added, just that they have always been near the bottom of the list of things to add/consider adding.
Scrypt Guild ?

Ok, so I obviously missed something but do / did I smell a LTC pool on the horizon ?

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demonmaestro
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January 31, 2014, 03:08:43 AM
 #5805

No date was ever given for DVC/IXC, only that they would come *after* the new backend and after Scrypt Guild.  Unfortunately, the new backend took much longer than expected (illness + bugs), and was eventually scrapped entirely.  As a result, Scrypt Guild is also pushed back further.

IXC and DVC are *completely* worthless.  If BTC Guild adds them, they'll just become twice as hard to mine from difficulty, and go even further down in value since you'll have a whole lot of new people selling them to the highest bid on the books.  Right now they add less than 0.2%.  If their difficulty was increased by BTC Guild's hash rate, it would be less than 0.1%, not counting the drop in value guaranteed to follow the rise in difficulty.


This isn't saying they won't be added, just that they have always been near the bottom of the list of things to add/consider adding.
Scrypt Guild ?

Ok, so I obviously missed something but do / did I smell a LTC pool on the horizon ?


was in the talks but from that post it soins like it just hit the back burner again...  Eleuthria is a die hard BTC fan so BTCGuild take over everything as far as that goes...

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eleuthria
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January 31, 2014, 03:10:47 AM
 #5806

No date was ever given for DVC/IXC, only that they would come *after* the new backend and after Scrypt Guild.  Unfortunately, the new backend took much longer than expected (illness + bugs), and was eventually scrapped entirely.  As a result, Scrypt Guild is also pushed back further.

IXC and DVC are *completely* worthless.  If BTC Guild adds them, they'll just become twice as hard to mine from difficulty, and go even further down in value since you'll have a whole lot of new people selling them to the highest bid on the books.  Right now they add less than 0.2%.  If their difficulty was increased by BTC Guild's hash rate, it would be less than 0.1%, not counting the drop in value guaranteed to follow the rise in difficulty.


This isn't saying they won't be added, just that they have always been near the bottom of the list of things to add/consider adding.
Scrypt Guild ?

Ok, so I obviously missed something but do / did I smell a LTC pool on the horizon ?

Yes.  I've hit a few snags on it, but it is absolutely in development.  I've had to push the date back to February due to some setbacks in the adoption of the old backend to scrypt and it's different ways of handling difficulty compared to SHA256.  I also have some family coming to visit + bringing a load of furniture & computers from my old house this weekend, so the odds of it launching this weekend are basically 0.

The idea is a profit-switching scrypt pool.  The alpha will simply be single chains with different ports based on what coin.  Beta will be multiple chains in one URL with the ability to switch via the Web UI.  The "release" version will include the ability to have the site automatically move you between chains based on profitability.

R.I.P. BTC Guild, 2011 - 2015.
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MoreBloodWine
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January 31, 2014, 03:11:59 AM
 #5807

was in the talks but from that post it soins like it just hit the back burner again...  Eleuthria is a die hard BTC fan so BTCGuild take over everything as far as that goes...
Back burner or no is fine with me. Don't ge me wrong, I'd love to mine LTC but I'd have to inves sooo much more just to mak i worth while than I ever did with BTC.

That is unless BTC equipment could somehow later be used to mine it, even thn, all that would do is skyroket the piss out of LTC's diff.

Edit: Ps, Eleu... I sent you a PM about your site regarding blocks found.

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alfabitcoin
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January 31, 2014, 04:09:31 AM
 #5808

My ant repored eu server as dead, anybody else?
eleuthria
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January 31, 2014, 04:26:52 AM
 #5809

My ant repored eu server as dead, anybody else?

No problems connecting to it from here in the US.

R.I.P. BTC Guild, 2011 - 2015.
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iglasses
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January 31, 2014, 04:44:17 AM
 #5810

Even with the short term luck tanking I am making more on guild than I would anywhere else.

Eleuthria I have no idea what is involved with running this beast but thanks again for allowing a little nobody like me to take part in this grand whatever the hell it is...lol

I only have a signature because I'm allowed.
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January 31, 2014, 04:52:06 AM
 #5811

When is additional merged mining coming? I remember end of January was said.
<snip>

IXC and DVC are *completely* worthless.  If BTC Guild adds them, they'll just become twice as hard to mine from difficulty, and go even further down in value since you'll have a whole lot of new people selling them to the highest bid on the books.

<snip>

I bow to your expertise, elethuria.  But i respectfully disagree.

The same has been said about NameCoin in the recent past (by you perhaps?).  And each NMC is now worth over $5... more than LTC was but a few short months ago.  Underestimating alternate crypto-currencies is a big mistake and whether they are a viable product or not is a moot point.  They are simply worth what someone is willing to pay for them.  And if NMC can be valued at $5-8, these other junk cryptos can have significant value someday too.

And to be honest with you, IXCoin and DevCoin are the primary reason I'm splitting my hash 50/50 with BTCG and GHash.IO.  Otherwise BTCG would probably get it all.  Silly?  Perhaps.  But it's interesting to me to dabble in something different.
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January 31, 2014, 04:55:37 AM
 #5812

okay, something is wrong. I have mined just fine till now. I can mine on ghash but on guild (eu server) it show diff as 2, when I always had 128.
It just wont mine on it anymore. On ghash its on diff 128 and works fine.
On worker settings I have setup 128 diff, so I do not know what happened.
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January 31, 2014, 04:56:45 AM
 #5813

okay, something is wrong. I have mined just fine till now. I can mine on ghash but on guild (eu server) it show diff as 2, when I always had 128.
It just wont mine on it anymore. On ghash its on diff 128 and works fine.
On worker settings I have setup 128 diff, so I do not know what happened.

The EU validation server uses diff2 for some users (it doesn't always update when you change worker settings).  You get forwarded to the real servers after a single valid share submission.

R.I.P. BTC Guild, 2011 - 2015.
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ericisback
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January 31, 2014, 10:17:37 AM
 #5814


This chart:



indicates that BTC Guild's percent of orphaned blocks was 1.3%.  Since BTCG pays for orphaned blocks, am I correct in thinking that this effectively reduces the 3% transaction fee to 1.7% (not considering other factors that reduce the fee further)?

BTC:  152kxHXJEZpQPvsB2iaQfWHT2DMMYnn8dD
eleuthria
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January 31, 2014, 11:01:18 AM
 #5815


This chart:



indicates that BTC Guild's percent of orphaned blocks was 1.3%.  Since BTCG pays for orphaned blocks, am I correct in thinking that this effectively reduces the 3% transaction fee to 1.7% (not considering other factors that reduce the fee further)?

1.3% is slightly above normal for BTC Guild.  I always use 1% as the rule of thumb for orphans.  So compared to other pools which do not pay orphans, it is effectively a 2% fee for BTC Guild.  Less if the other pool fails to pay transaction fees or namecoins.

R.I.P. BTC Guild, 2011 - 2015.
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January 31, 2014, 12:44:52 PM
 #5816

Quote
Each hour, any accounts with a balance equal to or greater than their payout threshold will be paid an amount equal to their threshold.

So am I understanding this right ?

So lets say I have auo payout at 0.01, and lets say my balance is 0.04, this means there's going to be 4 payments at 0.01 instead of a single at 0.04 just because the thresholds at 0.01.

Sorry but that doesn't make a lot of sense to me.

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January 31, 2014, 12:58:44 PM
 #5817

Quote
Each hour, any accounts with a balance equal to or greater than their payout threshold will be paid an amount equal to their threshold.

So am I understanding this right ?

So lets say I have auo payout at 0.01, and lets say my balance is 0.04, this means there's going to be 4 payments at 0.01 instead of a single at 0.04 just because the thresholds at 0.01.

Sorry but that doesn't make a lot of sense to me.


If you have a threshold of .01, then you'll never have more than .01 in your account.  What happens is if you have .00999999 and get a payout on a shift for .001, you'd have .010999999.  The payment would be .01, and your remaining balance would be left.
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January 31, 2014, 01:21:52 PM
 #5818

Quote
Each hour, any accounts with a balance equal to or greater than their payout threshold will be paid an amount equal to their threshold.

So am I understanding this right ?

So lets say I have auo payout at 0.01, and lets say my balance is 0.04, this means there's going to be 4 payments at 0.01 instead of a single at 0.04 just because the thresholds at 0.01.

Sorry but that doesn't make a lot of sense to me.


If you have a threshold of .01, then you'll never have more than .01 in your account.  What happens is if you have .00999999 and get a payout on a shift for .001, you'd have .010999999.  The payment would be .01, and your remaining balance would be left.
Ex. Someone for one reason or another has a 0.1 threshold and a balnce of 0.09, well lets sy that person one day decids o change it to 0.01. Voila you now have a threshold of 0.01 ad will now get 9 payments of 0.01 if I read that right.

Edit: Yes you an argue why not set a thresh of 0.09, I'm just sayingg it doesnt make sense to me to pay out the exact amout of the threshold if account balance is higher, not inluding dust off course.

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January 31, 2014, 01:26:09 PM
 #5819

Quote
Each hour, any accounts with a balance equal to or greater than their payout threshold will be paid an amount equal to their threshold.

So am I understanding this right ?

So lets say I have auo payout at 0.01, and lets say my balance is 0.04, this means there's going to be 4 payments at 0.01 instead of a single at 0.04 just because the thresholds at 0.01.

Sorry but that doesn't make a lot of sense to me.

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I can confirm that this is the way it works.  I don't really see why it's an issue though because once it catches up then your payouts will level out.  If you have a high balance to begin with couldn't you pick a number to force a single payout to clear your account and then crank it down from there?
Am I missing something?

I only have a signature because I'm allowed.
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January 31, 2014, 01:32:01 PM
 #5820

Quote
Each hour, any accounts with a balance equal to or greater than their payout threshold will be paid an amount equal to their threshold.

So am I understanding this right ?

So lets say I have auo payout at 0.01, and lets say my balance is 0.04, this means there's going to be 4 payments at 0.01 instead of a single at 0.04 just because the thresholds at 0.01.

Sorry but that doesn't make a lot of sense to me.

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I can confirm that this is the way it works.  I don't really see why it's an issue though because once it catches up then your payouts will level out.  If you have a high balance to begin with couldn't you pick a number to force a single payout to clear your account and then crank it down from there?
Am I missing something?
Never said it was an issue just didnt understand it but at the same time I did forget about manuals lol.

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