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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 829568 times)
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wpgdeez
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March 10, 2014, 07:40:02 PM
 #6241

I think this as close to being as bad as it can be.
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raskul
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March 10, 2014, 07:51:09 PM
 #6242

I think this as close to being as bad as it can be.

give it 2.4 days - it gets worse  Cheesy

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
ericisback
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March 10, 2014, 10:36:22 PM
 #6243

If the fee for Pay Per Share (PPS) Method is 7.5%, is it correct that if the pool's luck (hypothetically) ran at 92.5% forever, than the PPS method would break even?  Asked another way, if a miner is using PPS, and the pool luck is below 92.5% for an very extended period, would the miner make more than if he was using PPLNS, for the same extended time period?

BTC:  152kxHXJEZpQPvsB2iaQfWHT2DMMYnn8dD
eleuthria
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March 10, 2014, 11:46:12 PM
 #6244

If the fee for Pay Per Share (PPS) Method is 7.5%, is it correct that if the pool's luck (hypothetically) ran at 92.5% forever, than the PPS method would break even?  Asked another way, if a miner is using PPS, and the pool luck is below 92.5% for an very extended period, would the miner make more than if he was using PPLNS, for the same extended time period?

100% Luck = 97-98% payout after pool fee (orphaned blocks make it hard to say which one).  So technically if luck is under 95% or so, that's when PPS would have paid better (although NMC adds a little, so maybe 94%).  You'll notice the pool luck has never been that low for any reasonable length of time.  Trying to hop between them isn't possible, so while you might try to hop PPLNS/PPS and get it right some times, the odds say PPLNS will win most of the time.  Thinking you can guess when to change and "beat the system" is akin to thinking you can beat the casino at its own game.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
bitcoin_miner
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March 11, 2014, 12:27:55 AM
 #6245

bad luck
180 Ghs
ran 24 hours get 0.00984254BTC = $6.193   Sad

if PPLNS bad luck for long time, can change PPLNS to PPS?

mdude77
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March 11, 2014, 01:04:21 AM
 #6246

bad luck
180 Ghs
ran 24 hours get 0.00984254BTC = $6.193   Sad

if PPLNS bad luck for long time, can change PPLNS to PPS?

You're free to change to PPS at any point.  However, in the long run, PPLNS is *always* more profitable.

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.
Trongersoll
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March 11, 2014, 02:40:54 AM
 #6247

um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild? Roll Eyes

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
bitcoin_miner
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March 11, 2014, 02:42:18 AM
 #6248

bad luck
180 Ghs
ran 24 hours get 0.00984254BTC = $6.193   Sad

if PPLNS bad luck for long time, can change PPLNS to PPS?

You're free to change to PPS at any point.  However, in the long run, PPLNS is *always* more profitable.

M

how long run? 5 days? or more?

mdude77
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March 11, 2014, 02:59:21 AM
 #6249

bad luck
180 Ghs
ran 24 hours get 0.00984254BTC = $6.193   Sad

if PPLNS bad luck for long time, can change PPLNS to PPS?

You're free to change to PPS at any point.  However, in the long run, PPLNS is *always* more profitable.

M

how long run? 5 days? or more?

I'd say more.

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.
cloverme
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March 11, 2014, 03:16:08 AM
 #6250

um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild? Roll Eyes

What do people use NMC for anyway?
ManeBjorn
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March 11, 2014, 03:56:44 AM
 #6251

Here is a great bunch of info on the wiki site plus there are some good links to others from there for namecoin.
http://en.wikipedia.org/wiki/Namecoin
Could buy yourself a domain and such.
So many cool things.
Or you could donate it all to me.  Tips are always welcome.

um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild? Roll Eyes

What do people use NMC for anyway?


BitMinerN8
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March 11, 2014, 05:03:56 AM
 #6252

Here is a great bunch of info on the wiki site plus there are some good links to others from there for namecoin.
http://en.wikipedia.org/wiki/Namecoin
Could buy yourself a domain and such.
So many cool things.
Or you could donate it all to me.  Tips are always welcome.

um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild? Roll Eyes

What do people use NMC for anyway?


There is also an active dev group doing some stuff with it, making browser plugins for .bit domains, etc.
http://FreeSpeechMe.org and http://www.meowbit.com/
(Sorry if this was too OT)
ManeBjorn
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March 11, 2014, 05:07:13 AM
 #6253

Great links thanks.  I had not been to those yet.

Here is a great bunch of info on the wiki site plus there are some good links to others from there for namecoin.
http://en.wikipedia.org/wiki/Namecoin
Could buy yourself a domain and such.
So many cool things.
Or you could donate it all to me.  Tips are always welcome.

um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild? Roll Eyes

What do people use NMC for anyway?


There is also an active dev group doing some stuff with it, making browser plugins for .bit domains, etc.
http://FreeSpeechMe.org and http://www.meowbit.com/
(Sorry if this was too OT)

eleuthria
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March 11, 2014, 07:13:40 AM
 #6254

There is also an active dev group doing some stuff with it, making browser plugins for .bit domains, etc.
http://FreeSpeechMe.org and http://www.meowbit.com/
(Sorry if this was too OT)

NMC is part of BTC Guild, so not off topic at all.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
ericisback
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March 11, 2014, 11:24:30 AM
 #6255

um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild? Roll Eyes

+1

BTC:  152kxHXJEZpQPvsB2iaQfWHT2DMMYnn8dD
RoadStress
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March 11, 2014, 12:57:06 PM
 #6256

um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild? Roll Eyes

+1

That would rock and would make life easier for a lot of miners Smiley

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
joeofall
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March 11, 2014, 05:24:45 PM
 #6257

let hope our luck will be back
wpgdeez
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March 11, 2014, 07:30:45 PM
 #6258

Lucky for us the next difficulty isn't much of a jump. I don't know how much more of this bad luck I can take here Sad
ManeBjorn
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March 11, 2014, 08:16:27 PM
 #6259

It's going to be bad luck all around for most pools.  I got some info I have to follow up on that a couple of private farms just brought large multi petihash farms online in the last couple weeks.
If I get this verified I will post about it.

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March 11, 2014, 08:30:37 PM
 #6260

I'm mining with 2Th/s
and no blocks in the last 5 shifts whats going on !!!!!!!!!!!

I have had bad luck before but this is very strange

The current network hash rate is about 1000 times what you've got and the difficulty is now ridiculous, so not having any blocks with 2TH is nothing to cry about.  You could be like me and mine for shares because you couldn't afford a 2Th unit and never in your entire mining career hit a block.  I figure anything is better than nothing and at this point the only point to mining is the fun of it.  There will be no way to make a profit unless you're a pool operator, like Eleutheria,  or you're selling mining equipment.  Those are THE only two ways to break even or make profit within the mining aspect of bitcoin.  If you want to make bitcoin, make something that people are willing to pay bitcoin for and sell that shit.

I'm going to be forced to switch to Eligius because my reward is so little these days. Not like I wanna go but no choice these days. And I read all over "Much more to come - please be patient". Yea, been a year bud. How much more patient?
I know, I know, you'll all hate to see me go.


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