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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 829316 times)
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ManeBjorn
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March 18, 2014, 09:26:40 PM
 #6441

That is way too funny I cannot stop giggling.
Thanks a great find.  Cheesy


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pjcltd
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March 18, 2014, 09:31:49 PM
 #6442

7 shifts now and NO Blocks
this is totally mad
i go just under 4 Th/s with nothing to show for the day

BRADLEYPLOOF
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March 18, 2014, 09:36:38 PM
 #6443

7 shifts now and NO Blocks
this is totally mad
i go just under 4 Th/s with nothing to show for the day


I have just under 11 gh/s with very little to show for it...
eleuthria
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March 18, 2014, 09:45:41 PM
 #6444

7 shifts now and NO Blocks
this is totally mad
i go just under 4 Th/s with nothing to show for the day


BTC Guild is approximately 1/6th - 1/5th the network.  The entire network has periods with > 1 hour between blocks.  A 6 hour block is not unexpected for 1/6th - 1/5th the network.  It happens.  As a matter of fact, it happens probably more than once a month (both for the whole network and for the pool).

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
pjcltd
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March 18, 2014, 09:49:29 PM
 #6445

7 shifts now and NO Blocks
this is totally mad
i go just under 4 Th/s with nothing to show for the day


BTC Guild is approximately 1/6th - 1/5th the network.  The entire network has periods with > 1 hour between blocks.  A 6 hour block is not unexpected for 1/6th - 1/5th the network.  It happens.  As a matter of fact, it happens probably more than once a month (both for the whole network and for the pool).

Not having a go at you or the Pool
just saying that its Mad lol
I think your pool system works very well
infact i am using scriptguild as well in the last 7 days i have had .199BTC witch is very good

BrandonMcPherson
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March 18, 2014, 09:52:16 PM
 #6446


You laughed, but it clearly worked. Wink

#BlockFound
flounderella
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March 18, 2014, 10:25:50 PM
 #6447


Unbelievable! Long live the abacus hehe
-ck
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Ruu \o/


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March 18, 2014, 10:36:41 PM
 #6448

BTC Guild is approximately 1/6th - 1/5th the network.  The entire network has periods with > 1 hour between blocks.  A 6 hour block is not unexpected for 1/6th - 1/5th the network.  It happens.  As a matter of fact, it happens probably more than once a month (both for the whole network and for the pool).
See Eleuthria, this is what you're really paid for - explaining luck and variance at least 30 times per day.

Primary developer/maintainer for cgminer and ckpool/ckproxy.
Pooled mine at kano.is, solo mine at solo.ckpool.org
-ck
PatMan
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Watch out for the "Neg-Rep-Dogie-Police".....


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March 18, 2014, 10:41:56 PM
 #6449

Then he's underpaid...... Cheesy Cheesy

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
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BrandonMcPherson
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March 18, 2014, 10:59:11 PM
 #6450

BTC Guild is approximately 1/6th - 1/5th the network.  The entire network has periods with > 1 hour between blocks.  A 6 hour block is not unexpected for 1/6th - 1/5th the network.  It happens.  As a matter of fact, it happens probably more than once a month (both for the whole network and for the pool).
See Eleuthria, this is what you're really paid for - explaining luck and variance at least 30 times per day.

And it's one of the things that makes him such a good pool operator. Variance is a very difficult thing for many people to grasp, and on top of that, new people come along every day. Rather than treating what has to be the nth time someone asks about it or complains about it erroneously (it's possible to whine about variance while still understanding it!), Eleuthria answers the questions courteously and professionally.

Such aplomb from someone so young is rare, especially when you consider the wild west atmosphere that is the Bitcoin community. To recognize that it is not the fault of the new person asking, or even the repeat asker who doesn't understand, that the question has been answered many times before requires insight and patience few have.

Or so say I from my Throne of Judgement™.
ak49er
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March 19, 2014, 12:18:01 AM
 #6451

3 month luck is finally under 100% Sad.  First time it's ever happened.  I did add a 6-month luck figure now that we actually have 6 months of luck history stored.  Then again, expectation states it should be above and below 100% in roughly even amounts of time (averaging out to neutral over an infinite length of time).  I suppose the bright side is we had our good luck when difficulty was lower, which puts long term earnings above expectation by a decent margin for users that were around during those times.
I thought the whole point was that the expectation was that it would be more profitable than PPS over time?  So while it's not unexpected to see it dip below 100% Cry it's not necessarily going to even out over time, or is it?

I don't hold much store by luck as there's sod all I can do about that, so I just collect my coins at the end of the day and count what I have, and don't count what I don't have.

Edit:  Just realized that I may have had a longstanding misconception about the luck chart.  I was under the impression that it was a comparison of PPLNS against PPS.  Can I get a refresher course please?  Embarrassed
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March 19, 2014, 12:19:31 AM
 #6452

3 month luck is finally under 100% Sad.  First time it's ever happened.  I did add a 6-month luck figure now that we actually have 6 months of luck history stored.  Then again, expectation states it should be above and below 100% in roughly even amounts of time (averaging out to neutral over an infinite length of time).  I suppose the bright side is we had our good luck when difficulty was lower, which puts long term earnings above expectation by a decent margin for users that were around during those times.
I thought the whole point was that the expectation was that it would be more profitable than PPS over time?  So while it's not unexpected to see it dip below 100% Cry it's not necessarily going to even out over time?

I don't hold much store by luck as there's sod all I can do about that, so I just collect my coins at the end of the day and count what I have, and don't count what I don't have.

100% luck is significantly better than the old PPS.  For the old PPS to be better, luck had to be approximately 95.5% or less, assuming 0 transaction fees and 0 namecoins.  I think that's one thing a few people failed to understand.  Luck wasn't measured against the 7.5% PPS, it was/is measured against 3% PPS (AKA:  Perfect neutral luck minus 3% pool fee).  If the pool finds *exactly* as many blocks as expected for the shares submitted, you'd have "100% luck".

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
ak49er
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March 19, 2014, 12:25:19 AM
 #6453

100% luck is significantly better than the old PPS.  For the old PPS to be better, luck had to be approximately 95.5% or less, assuming 0 transaction fees and 0 namecoins.  I think that's one thing a few people failed to understand.  Luck wasn't measured against the 7.5% PPS, it was/is measured against 3% PPS (AKA:  Perfect neutral luck minus 3% pool fee).  If the pool finds *exactly* as many blocks as expected for the shares submitted, you'd have "100% luck".
Thanks!  You answered while I was editing my post. Smiley  I was indeed wrong in my understanding of what was being measured.
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March 19, 2014, 01:14:35 AM
 #6454

10 hours only 2 block found~!! Huh Huh

Block we are here don't go some where else!!!  Cheesy Cheesy Cheesy
BrandonMcPherson
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March 19, 2014, 01:31:03 AM
 #6455

::click click slide click click click::
organofcorti
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March 19, 2014, 01:36:24 AM
 #6456

@ eleuthria: How do you average your luck - do you take average[1 / (submitted/expected)] over time, or 1 / [average (submitted/expected) ] ?


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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BrandonMcPherson
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March 19, 2014, 01:56:54 AM
 #6457

#BlockFound

Cheesy
ak49er
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March 19, 2014, 02:00:50 AM
 #6458

So very rough rule of thumb - if we're approx 1/6 of the network, and the network is hitting 6 blocks/hr, we should be getting 1 block/hr on average, so 10 blocks per closed shift give or take.  20 and we can jump for joy, 2 and we have to remind ourselves of the 20.  Tongue
joeofall
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March 19, 2014, 02:58:58 AM
 #6459

 Cheesy Cheesy

Hey Block come here!! we had candy for u!! lol  Grin
BrandonMcPherson
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March 19, 2014, 04:16:07 AM
 #6460

Gulp! That's a new daily low since I've been here. 54.837%...

::dropkicks abacus::

Back to something more productive, like crossing my fingers. Smiley
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