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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 828330 times)
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hurricandave
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July 23, 2014, 09:12:48 AM
 #7481

The Luck Chart is starting to look more like feast or famine. Or as I like to refer too with the Astros - Cripple killers.
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ManeBjorn
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July 23, 2014, 09:18:44 AM
 #7482

LOL
Blocks are coming again and fairly quickly.
I hope it keeps up.


The Luck Chart is starting to look more like feast or famine. Or as I like to refer too with the Astros - Cripple killers.

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July 23, 2014, 09:26:51 AM
 #7483

The problem is that short lucky rounds by nature are, uh, short. While long unlucky rounds are long. So even if luck was perfectly 100% on average, you spend more time overall by far on the long unlucky blocks and all users do is notice those blocks. ..

Primary developer/maintainer for cgminer and ckpool/ckproxy.
Pooled mine at kano.is, solo mine at solo.ckpool.org
-ck
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July 23, 2014, 09:37:33 AM
 #7484

Very true.
It is fun to speculate and jump for joy at lots of blocks and do the Bitcoin Rain Dance during the droughts.  Grin

The problem is that short lucky rounds by nature are, uh, short. While long unlucky rounds are long. So even if luck was perfectly 100% on average, you spend more time overall by far on the long unlucky blocks and all users do is notice those blocks. ..

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July 23, 2014, 11:45:15 AM
 #7485

i use this site and best mining pool

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July 23, 2014, 08:56:38 PM
 #7486

And so it begins.  New York regulators are now proposing things which would make it essentially illegal for anybody to use Bitcoin in that state without being registered. It is so over-reaching that it would even catch things like the Bitcoin tipbot on reddit, which would be an illegally operating entity if it allows you to tip a New York resident.

http://www.dfs.ny.gov/about/press2014/pr1407171-vc.pdf
I've read several articles about this proposal and most of them seem to give the same quote, that merchant and consumers using bitcoin strictly for the sale of Goods and Services are exempt. I view the fact that you collect a 2% fee for providing me the service of access to bitcoin mining software and a service of reasonable security protection from online attackers, makes you a simple merchant and 'us' the consumers of your service. Therefore "We" are not subject to the SDN verification as well as State Licensing. Though you may want to tweak the support page to make it clear 'You are only providing a Service and are not a Bank, Loan Agent, or Monetary Transfer Provider'.

A mining pool is not just buying hashpower and paying in units of a virtual currency, it is using that hashpower to create units of a virtual currency.
It can't sensibly be argued to be the same as a retailer accepting payments for goods.

 
Actually, we don't CREATE units of virtual currency...we FIND "BLOCKS" hidden in code...so essentially, the "mining pool" is a digital-treasure hunting club.

Thanks for posting the news on the pool page. I was unaware of this until I checked my BTCGuild dashboard today. I mine on Slush, which is located in Czech Republic and use BTCGuild as my #2 pool.

As far as those who migrate to Ghash.io...I have been mining Slush for quite some-time and I tried Ghash.io (and a few other pools) but I found Ghash.io less friendly towards small farms/mines as my payouts were less than what I should have expected. Sure the smaller pools may have short dry spells but on avg. I earn about ~5-10% more with Slush and the smaller pools than I would on Ghash. Of course I don't have >10 Th/s either.

Just my 0.0003224BTC

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July 23, 2014, 09:09:37 PM
 #7487

eleuthria .. instead of shutting down the pool can you just ban people from new york from using the pool if the regulations in new york pass ?? it's new york! the place that wants to tell everyone how big a soda they can drink and tell everyone they cannot have more than one weeks worth of food and supplies stored or be considered a home grown terrorist. maybe banning them from bitcoin pools will help people realize that new york is not a good place to live nor start a bitcoin business.

Second Edition Volume One coming soon! Of the Andromeda Martian Catastrophe
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July 23, 2014, 11:46:51 PM
 #7488

its been seven rounds without finding a block... seems like a lot...

Spiceminer's Ant Monitor v1.1.14 - Online mobileminer stats, pool management - https://bitcointalk.org/index.php?topic=760810.0
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July 24, 2014, 12:00:34 AM
 #7489

eleuthria .. instead of shutting down the pool can you just ban people from new york from using the pool if the regulations in new york pass ?? it's new york! the place that wants to tell everyone how big a soda they can drink and tell everyone they cannot have more than one weeks worth of food and supplies stored or be considered a home grown terrorist. maybe banning them from bitcoin pools will help people realize that new york is not a good place to live nor start a bitcoin business.

Don't confuse New York City with the state of the same name. The soda-size ban was passed by the city but overturned by the state Supreme Court.
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July 24, 2014, 03:04:48 AM
 #7490

eleuthria .. instead of shutting down the pool can you just ban people from new york from using the pool if the regulations in new york pass ?? it's new york! the place that wants to tell everyone how big a soda they can drink and tell everyone they cannot have more than one weeks worth of food and supplies stored or be considered a home grown terrorist. maybe banning them from bitcoin pools will help people realize that new york is not a good place to live nor start a bitcoin business.

You can disagree with state legislation without insulting the entire state there, guy.

New York City happens to be the finest place I have ever lived and worked.

And yes, bloomberg's attempted soda ban was stupid.

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July 24, 2014, 03:04:58 AM
 #7491

The law would affect us all in NYS.
At least that is how it reads.

eleuthria .. instead of shutting down the pool can you just ban people from new york from using the pool if the regulations in new york pass ?? it's new york! the place that wants to tell everyone how big a soda they can drink and tell everyone they cannot have more than one weeks worth of food and supplies stored or be considered a home grown terrorist. maybe banning them from bitcoin pools will help people realize that new york is not a good place to live nor start a bitcoin business.

Don't confuse New York City with the state of the same name. The soda-size ban was passed by the city but overturned by the state Supreme Court.

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July 24, 2014, 04:10:56 AM
 #7492

nyc is a shithole

Spiceminer's Ant Monitor v1.1.14 - Online mobileminer stats, pool management - https://bitcointalk.org/index.php?topic=760810.0
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July 24, 2014, 10:47:11 AM
 #7493

nyc is a shithole

Go ahead, bite the Big Apple.
Don't mind the maggots!

You are in a maze of twisty little passages, all alike.
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July 24, 2014, 03:28:37 PM
 #7494

eleuthria .. instead of shutting down the pool can you just ban people from new york from using the pool if the regulations in new york pass ?? it's new york! the place that wants to tell everyone how big a soda they can drink and tell everyone they cannot have more than one weeks worth of food and supplies stored or be considered a home grown terrorist. maybe banning them from bitcoin pools will help people realize that new york is not a good place to live nor start a bitcoin business.

You can disagree with state legislation without insulting the entire state there, guy.

New York City happens to be the finest place I have ever lived and worked.

And yes, bloomberg's attempted soda ban was stupid.



If your finest place regulations become cement then I think you should either leave that state or be banned from mining pools instead of the mining pools going offline.

Second Edition Volume One coming soon! Of the Andromeda Martian Catastrophe
Honeycutt22
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July 24, 2014, 04:04:38 PM
 #7495

eleuthria .. instead of shutting down the pool can you just ban people from new york from using the pool if the regulations in new york pass ?? it's new york! the place that wants to tell everyone how big a soda they can drink and tell everyone they cannot have more than one weeks worth of food and supplies stored or be considered a home grown terrorist. maybe banning them from bitcoin pools will help people realize that new york is not a good place to live nor start a bitcoin business.

You can disagree with state legislation without insulting the entire state there, guy.

New York City happens to be the finest place I have ever lived and worked.

And yes, bloomberg's attempted soda ban was stupid.



If your finest place regulations become cement then I think you should either leave that state or be banned from mining pools instead of the mining pools going offline.

As with any liberals, they attempt to over regulate under the guise of "to protect the starving Oompa Loompa children from pedophiliac dildo wielding alien invaders with the penchant for sodomy from Uranus – don’t you have any compassion?!!?"... Regardless of the nanny state's final solution, shutting down due to one state's asinine approach to this seems bit of an all or nothing approach. I understand the need for contingency plans, but I'm sure there is a more reasonable solution to this that can keep BTC Guild running.

I'm sure Eleuthria is actively brainstorming the options as we speak. A few ideas have beed floating around on the forums that may work...??

Simply ban NY IP addresses - Granted BTC people are tech savvy enough to VPN, but BTC Guild can't be held responsible for a users work around.

I can’t remember what the others were, and I've got to get back to work.. But last little tid bit would be I'm sure there are lawyers out there that would be interested in this type of issue that can be consulted with.
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July 24, 2014, 05:12:21 PM
 #7496

Hey Eleuthria, are you/have you been looking to retire from the pool operating business?
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July 24, 2014, 06:13:10 PM
 #7497

Hey Eleuthria, are you/have you been looking to retire from the pool operating business?


It depends on my mood when you ask me.  I've enjoyed it mostly, though sometimes you get those days where you have a flood of emails from completely clueless people.  I'm terrible as a customer service person when the other side is missing a few nuts & bolts.  I'm more than happy to help and explain things to people under most circumstances, but only if the other side is listening.

I have put time into preparing more formal closure processes though, so I guess you can say I've been looking to retire from the pool business (even though that could be years away).  Being in this game since early 2011, I've seen a lot of Bitcoin businesses go bust, "get hacked", or walk away without notice.  I've always wanted to make sure that when BTC Guild eventually goes away (and it will SOMEDAY), it does so on a positive note.  

It's also no secret that I'm a pessimist when it comes to the future of mining centralization and the fate of public-only pools.  Part of that line of thinking has occasionally made me think of closing sooner rather than later, just because of the fact that if BTC Guild had any sort of compromise or payout error, the likelihood of recovery is significantly lower than it would have been last year (like when the 0.8 upgrade cost the pool [me] 1200 BTC).  While I doubt something like that would happen again (it certainly wouldn't be as big of a loss), it is a potential obstacle with ending on a positive note, and as such is a risk that I'm always factoring into my decisions.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
psahx
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July 24, 2014, 07:26:02 PM
 #7498

Maybe a dumb question, but why shift #18727 shows 0 blocks found, when we have found block #312297 before that shift was closed? In which shift will be block #312297 included?

Thanks!

P.S. I know this is affecting only luck calculations for the pool, because I have already received the reward for the 312297 block.
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July 24, 2014, 07:29:28 PM
 #7499

Maybe a dumb question, but why shift #18727 shows 0 blocks found, when we have found block #312297 before that shift was closed? In which shift will be block #312297 included?

Thanks!

P.S. I know this is affecting only luck calculations for the pool, because I have already received the reward for the 312297 block.

Shift 18727 finished at 11:37 AM.  Block 312297 was found at 11:22 AM, before 18727 was complete.  So Block #312297 was not applied to Shift #18727, it was applied to 18726 (and the 9 before it as well).


EDIT/ADDED LATER: What you are probably noticing is that the block wasn't applied to 18726 (and the 9 before it) until after 18727 was finished.  This is probably because the block didn't have an extra confirmation yet.  The shifts a block is going to be paid to are determined when the block is FOUND, not when it has a 2nd confirmation.  This is why the most recently closed shift can occasionally get an extra block paid to it (and also why the luck graphs don't include the most recently closed shift).

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
psahx
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July 24, 2014, 07:32:50 PM
 #7500

Shift 18727 completed at 11:37 AM.  Block 312297 was found at 11:22 AM, before 18727 was complete.  So Block #312297 was not applied to Shift #18727, it was applied to 18726 (and the 9 before it as well).

I can clearly see that. My concern is, shouldn't shift 18727 include any blocks found before its completion time?
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