[CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers

[stan258]

If you look at Eligius 7.7 PH about what we have and they are on a 9 HR block as well.  15PH can’t get a solution in 9 hrs is the street I am on.




Edit... F Elvis he does not pay my bills.  

it's not true, their stat page is momentarily screwed (look at the big red alert near the top)

the last block the mined:

https://blockchain.info/it/block-index/402256/0000000000000000761cdffad5de63add6c0e1bfda668b3ae168d5bca1671f11

Then I stand corrected

[1714311959]

1714311959

[ak49er]

Have we ever had a closed shift with zero blocks?  Are we about to?

[iglasses]

Height   Age   Transactions   Total Sent   Relayed By   Size (kB)
299768   2 minutes   382   1,978.28 BTC   BTC Guild   207.37


Looks like it's finally over

[MoreBloodWine]

Height   Age   Transactions   Total Sent   Relayed By   Size (kB)
299768   2 minutes   382   1,978.28 BTC   BTC Guild   207.37


Looks like it's finally over

Ya with the block before that being 8.5hrs ago ;-/

[eleuthria]

Have we ever had a closed shift with zero blocks?  Are we about to?

We didn't luckily.  The N value is currently at just under 9x diff.  I can only recall 2 blocks in the last 3 years that were worse than that on BTC Guild, 1 block on Slush, and 1 block on Deepbit.

[ak49er]

Have we ever had a closed shift with zero blocks?  Are we about to?

We didn't luckily.  The N value is currently at just under 9x diff.  I can only recall 2 blocks in the last 3 years that were worse than that on BTC Guild, 1 block on Slush, and 1 block on Deepbit.

Such is the fun of bitcoin mining.

[xstr8guy]

Looks like we just made up for that lousy block.

[greenlion]

Is there any evidence that some previous unknown pool-hopping scheme has been devised? The fluctuations in reported hashing power in the public pools seems pretty extreme. I don't have good data but anecdotally for BTCGuild it does seem to move with luck.

[fubly]

I think we need an extreme change with the bitcoins. We are absolutely near the point where electricity is more expensive then the worth of an mined bitcoin.

Mining reward/cost will always trend towards 1.  

What we need is an sicgnificant increase of the bitcoin price. It has to go up for more then 100%, if not we all have to switch off all our miners.

I disagree.  What we need is an end to the influx of new miners thinking that this is a game to get rich while doing very little.  There is absolutely no reason people should be making off with thousands of dollars a month for turning on some electronics hardware and doing little, if anything, else.

Only those with old hardware in high electrical rate areas will have to shut down.  Those who have cheap efficient HW in lower cost areas will be able to continue mining.

Bitcoins: A game or not a game, switching off old unefficient hardware. Is this an solution, I think no. On august will be all now availiable miners on the market unefficient. We create bitcoins at minimum for that, that we enable to share our input of electicity (converted into bitcoins) to buy things for the real life or something to have fun.

Paying for fun it´s ok, but when I loose so much money inhalf a very short time, without the chance to buy somthing with 0,0001 bitcoins, then
is something wrong. What we need is an fixed minimum price for the Bitcoins. Also an timeframe where we can dispose this old hardware.

Ok OK OK, there are so many other sha256 coins to create, but all depends on the bitcoins.

[os2sam]

What we need is an fixed minimum price for the Bitcoins.

This type of regulation is one of the things Bitcoin in supposed to free us from.  Bitcoin needs to succeed or fail on its own merits, this type of socialistic meddling is bad for everyone.

Isn't this BTC Guilds thread?

[Angela8488]

I used this site for a long time, overall, a very good site experience, thank you for your great work.

[Fiyasko]

Could we have a lower auto withdrawl amount? Even if it can only trigger once every 24 hours?

[MoreBloodWine]

Could we have a lower auto withdrawl amount? Even if it can only trigger once every 24 hours?

Why, that would just cost you more in fees.

I wouldnt mind seeing an option to bypass auto withdrawls though and just have one payment triggered per day at a user specified time that cashes out your full balance minus change / last 6 digits.

[TheDundalkMiner]

I'm pretty new to this and just had my first experience with a significant outage impacting my miners.

I've got two Antminer S1s chugging away non-stop (usually) on Slush's Pool. I don't hop, etc. Best case for me is for the machines to just do their thing.

Last night though, my internet connection crapped-out and I was out for 14 hours. Now that I'm back up, my statistics show four blocks that my miners worked on, that now show "none" for Your Shares and Your Reward. There are confirmations being churned-out, but nothing for me.

Is this part of the pool hopping policy?

Being someone that doesn't hop (I dedicate miners to Slush and BTC Guild), seems like BS that I'm being dinged like this.

Thanks, Dan

[eleuthria]

I'm pretty new to this and just had my first experience with a significant outage impacting my miners.

I've got two Antminer S1s chugging away non-stop (usually) on Slush's Pool. I don't hop, etc. Best case for me is for the machines to just do their thing.

Last night though, my internet connection crapped-out and I was out for 14 hours. Now that I'm back up, my statistics show four blocks that my miners worked on, that now show "none" for Your Shares and Your Reward. There are confirmations being churned-out, but nothing for me.

Is this part of the pool hopping policy?

Being someone that doesn't hop (I dedicate miners to Slush and BTC Guild), seems like BS that I'm being dinged like this.

Thanks, Dan

PPLNS is a time-delayed method.  Whenever a block is solved, the payment is applied to the 10 open shifts.  A shift takes ~1 hour to complete, so this means each block is split based on the mining activity of users over the last 10 hours.  So while your machines were offline, you were continuing to get paid for most of that time (though it shrank as new shifts completed where you had no shares).

When you first started up again, you wouldn't have any shares in the open shifts.  It takes a while to rebuild shares in all shifts.  This is the "charge up" period, and when you stop mining it's the "wind down" period.  They're symmetrical, meaning you aren't making more or less depending on frequency of mining.  Each share's payout is completely independent of future and past mining activity.  This is explained in the Support/How Am I Rewarded section.

[MoreBloodWine]

Gotta keep this short sweet and simple but for anyone interested in a stats signature that shows off alot of details for your BTCG account, please check out this post !

https://bitcointalk.org/index.php?topic=438133.msg4814132#msg4814132

The last reply today contains some very cool info IMO !!!

Preview:

[eleuthria]

Very minor cosmetic update to the PPLNS Stats page.  The graph will now always use either the 2nd or 3rd most recently closed shift as the end point.  Ever since it was changed from hourly plot points to 3-hour average plot points, it was tending to be 4-5 hours behind the most recently closed shift.  It won't end on the most recently closed shift just in case there is a block pending confirmation that has not yet been credited to the shift (since the luck chart does not include orphans).

[opentoe]

In the past btcguild seems like it was always slightly above 100% luck. It's nothing unusual for it to have a bad luck streak like this.

Say you played blackjack for 30 years and then the dealer took out the Kings..  you would notice a change in the dynamic quickly before even realizing the kings were out.   That was the same type of feeling I had when this downtrend started and why I made a fuss and then left.

Perhaps ghash is doing that 'don't report found blocks right away' ploy.  Or something else like hashing on BTCGuild and disrupting solved blocks somehow.. or maybe they just figured out a better way to distribute work in their pool.

I don't know but I do know that if you keep playing blackjack without kings, eventually you'll just forget how it was when there were kings in blackjack and then make a new sense of what's normal

also.. if that blackjack dealer wanted to go for the long con, they would put kings back in the deck once every 4 shuffles or just take out two kings and two queens so things can still appear normal a little bit more...

just saying

If you read the history here, you'll see I barked up when things went low, luck was down and rewards were low. It just kept getting worse and this was by the months and months. Hey, I was only making 0.03 every 24 hours. So I switched over to another pool, that
s has no fee and even though it takes me a while to figure out what my return is, I'm pulling in 0.06 now. It's just a small tiny rig I have, it isn't important to the big guys who have T's of power and look at us like we're green moss on the ground. Don't ask the same questions twice, or hurt anyone's feelings at all. If you do that, you'll have a tough time with the "entitlement" type attitude towards you pretty thick.

They do the same thing with car fuel prices in America here. One day it was $1.50/gallon, then it shot straight up to like $4.00/gallon and stayed that way a long time. A couple of years at least. Bouncing up and down a little of course the people just acted like robots and took it in. And we (the normal car fuel buyer) were all told it would eventually go back to our previous prices.  This is course never happened, there still is PLENTY of crude oil in the ground to sustain the globe for thousands of years. Manufacturing has even gotten more efficient, so the price "should" go down. But it won't. Now when you see $3.15 or $3.29 at the pump we all jump and are happy on how low it is and go fuel up before it goes back up to $3.75 or whatever it was. We've been suckered big time by the oil industry and soon as those hybrid cars started coming out the oil industry had to do something to keep the billionaire wallets filled to the top.

 

[MoreBloodWine]

Well it seems our luck is picking up a bit, look at blocks found yesterday and blocks found so far today...

[eleuthria]

And another small update to make sure the luck recording doesn't clip a shift with a block pending confirmation.  It probably hasn't happened before, but would've just now.  The entire network hasn't found a block in 50 minutes, and we solved our last block right before a shift close.