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

[stevegee58]

Just move the pool out of New York...move it to Texas or Washington or Oregon. NY is just one state, they cant set the laws for crypto for the whole world. Only the people in NY will be screwed.

Already answered:
https://bitcointalk.org/index.php?topic=49417.msg7901141#msg7901141

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[hurricandave]

When online sports betting was legalized, a system was put into place that restricted and denied service to certain states that already had laws against it. I doubt that is open source, but a look at how that was done and where the specific details of which/how IP servers to block could hold some merit. NYC has its BitCoin Center and if the people there don't want to find their business isolated from the rest of the country, they had better get to work stripping the teeth out of the proposal or kiss their millions goodbye.

[mtnminer]

Hello eleuthria, I appreciate you operating BTC Guild and it has been a great pool, that has always paid out well, just as it should.  You are honest and trusty worthy, which has been hard to find.

I as others posted here see the pool numbers declining, I assume this is from miners leaving in pool in anticipation of it shutting down.  I have looked and do not see another pool that I desire to or feel comfortable moving too!  So I have decided, as you and your pool have served me well for a long time now, I am going to ride this out with you. 

I hope you do not have to close the pool. If you do have to close, I trust as you said will give us a notice, that we must move within a certain amount of time.

Thank you
Mtnminer

[jammers]

Hi

I've tried a few of the pools and found btc guild to be great and with the best uptime. I'm also seeing the THs drop, but this has gone from 7000 when i started mining a couple of months ago, up to a peak of 12500 a little while ago and then back down to 9040 this evening, and the share on blockchain drop down to 5% today.

I'm also keen to find out what the plans are, as I'm only a hobby miner.

cheers

Jamie from Ireland

[MoreBloodWine]

I know this fluctuates a lot but DAMN...

Nice drop from what it was last night.

Pool Speed 8,356 TH/s

Seems everyones taken to the hills with the NYC shit being tossed around lol

[eleuthria]

I know this fluctuates a lot but DAMN...

Nice drop from what it was last night.

Pool Speed 8,356 TH/s

Seems everyones taken to the hills with the NYC shit being tossed around lol

I'm thinking it's something else.  The NYC post was put on the website 6 days ago.  We didn't see any change in speed at all until yesterday.

[MoreBloodWine]

I know this fluctuates a lot but DAMN...

Nice drop from what it was last night.

Pool Speed 8,356 TH/s

Seems everyones taken to the hills with the NYC shit being tossed around lol

I'm thinking it's something else.  The NYC post was put on the website 6 days ago.  We didn't see any change in speed at all until yesterday.

Well yesterday I saw it at mid 9k's, just now it's back around 8.6k's

Still weird though with whats been "lost" the past two days... never seen movement like this before.

[xstr8guy]

Has anyone been keeping an eye on DiscusFish's hashrate? They sure are finding a lot of blocks. I wonder if miners aren't migrating there because they're using PPS.

[MoreBloodWine]

Has anyone been keeping an eye on DiscusFish's hashrate? They sure are finding a lot of blocks. I wonder if miners aren't migrating there because they're using PPS.

Who knows...

[eleuthria]

Has anyone been keeping an eye on DiscusFish's hashrate? They sure are finding a lot of blocks. I wonder if miners aren't migrating there because they're using PPS.

They've been growing rapidly for months.  Basically they're the most usable pool in China due to how many Bitcoin sites are blocked by the firewall, and that's where the majority of ASICs are made as well (they're used by most the chinese manufacturers for "testing").  I know prior to their post of an English version they were (over the last 2016 blocks) a little over half the size of GHash.io, twice the size of BTC Guild.

[MoreBloodWine]

Hey Ele, no rush but I sent you a PM I was wondering i you could check out... Ty.

As for Discus, what's the closest they've ever gotten to 51% ?

[jammers]

well it's still averaging about ten blocks a day, today was looking pretty crap but we found three out of the last six blocks in a row, and hash rate is up to about 9200. I have an account on ghash.io and they were about 46ph a couple of days ago, but tonight they're down to 37ph, so it looks like a lot of people with their own hardware are shifting across to discus fish, but their own people are locked in with the hardware pointing at their pool. I found when I switched a few weeks ago to ghash for a weekend, that while there were four times as many blocks, I was getting only half of what I was seeing with BTC Guild for a smaller number of blocks.

I'd say a lot have seen the discus fish post from a few days ago, and the PPS definitely is attractive as I only had that for a few weeks when I started before BTC Guild stopped offering that, and dropped their pool fee to 2%. In a space where ROI drops every fortnight, I understand profit focused people jumping to pool giving the steady return while also hitting more blocks.

Did a quick check on blockchain and they've mining pool share has been

4 day ghash 31% - discus 20% - btc guild 7%
2 day ghash 30% - discus 22% - btc guild 6%
1 day ghash 26% - discus 23% - btc guild 7%

but ghash dropping 17% market share in less than 100 hours is probably a good thing for the ecosystem, especially when they got such a high % before.

What does the pool owner need things to be to be sustainable? is there a target market share you'd like to keep (ie 5% - 10%), or want to grow to (ie back up to 20%+) ? surely a bit of PR to the bitcoin media plugging the strengths of the pool might bring a lot of new miners in, and increase the block finding rate. There's a lot of pools now, and it's all about economics now

i see the law of diminishing returns when it comes to hardware, which is why I don't run my own, especially in a country where electricity is so expensive to begin with, and a hard lesson from litecoin mining which basically superheated my laptop case, through the hinge, and cooked 1/3 of my monitor. 2 ltc for €400 of damage = lesson learned ;p Love watching the bitcoin arms race though from the sidelines, reminds me of all the graphics cards trying to one up each other in the days of 3dfx and OpenGL

[railzand]

Yes ladies and gents, I found a block for us. Inordinately proud. Thanks to eleuthria, miaviator (hosting and hammering the S2), BITMAIN, satoshi and my mum.

[psahx]

Yes ladies and gents, I found a block for us. Inordinately proud. Thanks to eleuthria, miaviator (hosting and hammering the S2), BITMAIN, satoshi and my mum.

Congrats, mate!!!

Keep it up 

[ManeBjorn]

Congratulations!!!!
I hope I hit a block with my 333 mh/s that is solo mining.  My main rigs have not hit one yet on BTCG yet though.

Yes ladies and gents, I found a block for us. Inordinately proud. Thanks to eleuthria, miaviator (hosting and hammering the S2), BITMAIN, satoshi and my mum.

[eleuthria]

Yes ladies and gents, I found a block for us. Inordinately proud. Thanks to eleuthria, miaviator (hosting and hammering the S2), BITMAIN, satoshi and my mum.

Congratulations.



Just an FYI (had an email ask about it), shifts were reduced from 11b shares to 10b shares after the pool speed declined sharply.  This is why that run of 13 blocks earlier is almost as high on the luck chart as the previous run which included 15 block shifts, and why the per share rate is a little higher per block (fewer shares splitting the reward from each block).

[organofcorti]

Yes ladies and gents, I found a block for us. Inordinately proud. Thanks to eleuthria, miaviator (hosting and hammering the S2), BITMAIN, satoshi and my mum.

Congrats!

Is it a boy or a girl? What will you name it? Are you passing cigars around yet?

Get ready for some icky nappies

[MoreBloodWine]

Wish I could find a block, I'm running 3.2Th/s.

[psahx]

Hate you, user #561818. The Lady Luck was so happy to be with us, when you were gone! Now you are back again, and Lady Luck has left as, again...


 

[MoreBloodWine]

Hate you, user #561818. The Lady Luck was so happy to be with us, when you were gone! Now you are back again, and Lady Luck has left as, again...


 

Get the pitchforks n torches ready, lets chase 561818 out of town and back to frankenstein tower.