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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 828553 times)
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ManeBjorn
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September 08, 2014, 12:23:18 AM
 #7761

Luck has been great overall this last several weeks.
BTCG is the best as it always ends above average over 30 day period it seems.
 Cool

Are we about to close without any blocks found?

Hopefully not, we still have about an hour until a shift closes @ 0.  But considering the luck run this last week (20% above expectation), I'm not too worried.  We're still on track to probably get the 3-month luck back over expectation as well soon, unless we have a full week of pretty bad luck.

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eleuthria
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September 08, 2014, 12:33:01 AM
 #7762

Are we about to close without any blocks found?

Hopefully not, we still have about an hour until a shift closes @ 0.  But considering the luck run this last week (20% above expectation), I'm not too worried.  We're still on track to probably get the 3-month luck back over expectation as well soon, unless we have a full week of pretty bad luck.
If you had to guess, how many closings would you say there have been in the past 6 months with no blocks found ?

3, all within the last month.  2 of them were back to back (which is somewhat expected, it was a single bad block after all).  It was only recently that the network difficulty vs shares per shift was at a point where you can expect the occasional 0-block shift.

R.I.P. BTC Guild, 2011 - 2015.
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MoreBloodWine
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September 08, 2014, 01:05:41 AM
 #7763

Are we about to close without any blocks found?

Hopefully not, we still have about an hour until a shift closes @ 0.  But considering the luck run this last week (20% above expectation), I'm not too worried.  We're still on track to probably get the 3-month luck back over expectation as well soon, unless we have a full week of pretty bad luck.
If you had to guess, how many closings would you say there have been in the past 6 months with no blocks found ?

3, all within the last month.  2 of them were back to back (which is somewhat expected, it was a single bad block after all).  It was only recently that the network difficulty vs shares per shift was at a point where you can expect the occasional 0-block shift.
Doesnt sound too bad... better than some other pools I'm guessing.

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eleuthria
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September 08, 2014, 01:58:33 AM
 #7764

Are we about to close without any blocks found?

Hopefully not, we still have about an hour until a shift closes @ 0.  But considering the luck run this last week (20% above expectation), I'm not too worried.  We're still on track to probably get the 3-month luck back over expectation as well soon, unless we have a full week of pretty bad luck.
If you had to guess, how many closings would you say there have been in the past 6 months with no blocks found ?

3, all within the last month.  2 of them were back to back (which is somewhat expected, it was a single bad block after all).  It was only recently that the network difficulty vs shares per shift was at a point where you can expect the occasional 0-block shift.
Doesnt sound too bad... better than some other pools I'm guessing.

GHash had it happen a lot (not sure if it's changed) because they used a pitifully small 'N' value.  I know BitMinter has it happen during their more painful blocks as well.  It's the unfortunate part of PPLNS.  You have a tradeoff of a smaller N value for faster share maturation, or a larger N for slower maturation.  Statistically, it makes no difference in the long run.  However, if you sampled large N shifts vs small N shifts, you'd find that large N shifts were more likely to end up close to expected value on a per-shift basis, while small N shifts had a much larger range.  The average would be the same though.

Depending on how the network grows over the next few months, I may be doubling our shift times to target 2-hours per shift roughly instead of 1-hour.  This would be done by doubling the current 'N' value, which would put us back to the point we used to run at, where 'N' was approximately 10 times the network difficulty.  At that value, the odds of a 0-block shift are incredibly small.  You'd basically need a record breaking block (shares submitted > 10x network difficulty).  I think only one pool (Deepbit) has ever had a round break the 10x mark.

R.I.P. BTC Guild, 2011 - 2015.
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MoreBloodWine
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September 08, 2014, 02:19:36 AM
 #7765

Are we about to close without any blocks found?

Hopefully not, we still have about an hour until a shift closes @ 0.  But considering the luck run this last week (20% above expectation), I'm not too worried.  We're still on track to probably get the 3-month luck back over expectation as well soon, unless we have a full week of pretty bad luck.
If you had to guess, how many closings would you say there have been in the past 6 months with no blocks found ?

3, all within the last month.  2 of them were back to back (which is somewhat expected, it was a single bad block after all).  It was only recently that the network difficulty vs shares per shift was at a point where you can expect the occasional 0-block shift.
Doesnt sound too bad... better than some other pools I'm guessing.

GHash had it happen a lot (not sure if it's changed) because they used a pitifully small 'N' value.  I know BitMinter has it happen during their more painful blocks as well.  It's the unfortunate part of PPLNS.  You have a tradeoff of a smaller N value for faster share maturation, or a larger N for slower maturation.  Statistically, it makes no difference in the long run.  However, if you sampled large N shifts vs small N shifts, you'd find that large N shifts were more likely to end up close to expected value on a per-shift basis, while small N shifts had a much larger range.  The average would be the same though.

Depending on how the network grows over the next few months, I may be doubling our shift times to target 2-hours per shift roughly instead of 1-hour.  This would be done by doubling the current 'N' value, which would put us back to the point we used to run at, where 'N' was approximately 10 times the network difficulty.  At that value, the odds of a 0-block shift are incredibly small.  You'd basically need a record breaking block (shares submitted > 10x network difficulty).  I think only one pool (Deepbit) has ever had a round break the 10x mark.
This is actually what scares me right now, not knowing where diff will be come Jan 1st.

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eleuthria
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September 08, 2014, 02:26:41 AM
 #7766

This is actually what scares me right now, not knowing where diff will be come Jan 1st.

I'm not referring to raw network growth in this case, but specifically *where* it shows up.  I'm still expecting BTC Guild to shrink as a percentage of the network (same with Eligius, slush, BitMinter, etc.).  As posted earlier, "home mining" has become a very specific niche within the overall mining ecosystem.  By Jan 1st, I doubt most original pools combined will even be 15% of the network.  As it stands today, BTC Guild + Eligius + Slush + p2pool + BitMinter + Ozcoin + Eclipse combined are only ~16.5% of the entire network [based off the last 2016 blocks].

R.I.P. BTC Guild, 2011 - 2015.
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MoreBloodWine
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September 08, 2014, 04:38:22 AM
 #7767

This is actually what scares me right now, not knowing where diff will be come Jan 1st.

I'm not referring to raw network growth in this case, but specifically *where* it shows up.  I'm still expecting BTC Guild to shrink as a percentage of the network (same with Eligius, slush, BitMinter, etc.).  As posted earlier, "home mining" has become a very specific niche within the overall mining ecosystem.  By Jan 1st, I doubt most original pools combined will even be 15% of the network.  As it stands today, BTC Guild + Eligius + Slush + p2pool + BitMinter + Ozcoin + Eclipse combined are only ~16.5% of the entire network [based off the last 2016 blocks].
Good lord thats insane.

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DrG
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September 08, 2014, 06:09:50 AM
 #7768

This is actually what scares me right now, not knowing where diff will be come Jan 1st.

I'm not referring to raw network growth in this case, but specifically *where* it shows up.  I'm still expecting BTC Guild to shrink as a percentage of the network (same with Eligius, slush, BitMinter, etc.).  As posted earlier, "home mining" has become a very specific niche within the overall mining ecosystem.  By Jan 1st, I doubt most original pools combined will even be 15% of the network.  As it stands today, BTC Guild + Eligius + Slush + p2pool + BitMinter + Ozcoin + Eclipse combined are only ~16.5% of the entire network [based off the last 2016 blocks].
Good lord thats insane.

Yeah it's only going to get worse.  Take each of the top 4 major vendors and say they're all 15% each - they would have farms that compete will all the home users.  Bitfury, Antminer, AM, KNC, and maybe SP.  I'm sure some of them are throwing hash on DiscusFish.

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September 08, 2014, 11:01:57 AM
 #7769

I'm envisioning a time in the near future when my BFL 7GHs miner becomes a boat anchor.
Heck, it might be there now.  Cool

You are in a maze of twisty little passages, all alike.
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September 08, 2014, 07:17:56 PM
 #7770

Could somebody explain to me what's happening in the top section of the PPLNS Stats page? In the open shifts section their is a "shift completed time" column. What's happening in this area. I don't know what it means that the blocks are not final? What is happening to the blocks. Getting confirmed? Can a block be awarded and fail to be confirmed? I would like to have a better understanding of what's going on in this section of the stats.

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eleuthria
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September 08, 2014, 09:02:13 PM
 #7771

Could somebody explain to me what's happening in the top section of the PPLNS Stats page? In the open shifts section their is a "shift completed time" column. What's happening in this area. I don't know what it means that the blocks are not final? What is happening to the blocks. Getting confirmed? Can a block be awarded and fail to be confirmed? I would like to have a better understanding of what's going on in this section of the stats.

Shifts are based off a certain number of shares.  When enough shares have been submitted to a pool, the current shift completes.

The 10 most recently completed shifts are "open".  Any time a block is solved, the reward is split evenly among all the shares contained in the 10 open shifts.  That is why the warning at the top states that the number are not final, all shifts in the top table will increase in earnings if a block is solved while they're still in that table.

When a new shift completes, the oldest shift is now closed, meaning it will not receive any additional rewards if a block is solved.

R.I.P. BTC Guild, 2011 - 2015.
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September 08, 2014, 09:19:05 PM
 #7772

Thanks

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September 10, 2014, 06:40:21 AM
 #7773

How can I withdraw the BTC "crumbs" in my account? I am probably done mining at BTC Guild and have about .00048 languishing there. Since auto withdrawals only withdraw the exact amount you specify it seems like it would be impossible to ever have a completely empty account.
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September 10, 2014, 07:19:33 AM
 #7774

Why leave luck has been above average consistently.

How can I withdraw the BTC "crumbs" in my account? I am probably done mining at BTC Guild and have about .00048 languishing there. Since auto withdrawals only withdraw the exact amount you specify it seems like it would be impossible to ever have a completely empty account.

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September 10, 2014, 08:31:12 AM
 #7775

It's ALIVE!!!!!!! I've finally done it; I've surpassed the 1Th/s mark
Congrats, so what finally put you over ?

Well I was at ~950, then I BRICKED an S1 by poking around the file system (waiting on USB to uart dongle to revive it)

Dropped to 750

Picked up a habañero from forum user Nanook7. Dude I blinked and it was on my doorstep.
She's aircooled at the moment(hyper 212 EVO) and hashing away at 370-385Ghash
Sweet and congrats, and you oughta know better than poking around file systems heh.
But. But. I... Fine. But I gleaned the info I needed to start making an S1 USB controller clone for a pi or any Linux host with a USB cable

Just in time... for the 6 people who are still mining with S1s.  Lol.
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September 10, 2014, 08:34:36 AM
 #7776

I'm envisioning a time in the near future when my BFL 7GHs miner becomes a boat anchor.
Heck, it might be there now.  Cool

It was at least 6 months ago.
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September 10, 2014, 02:17:19 PM
 #7777

How can I withdraw the BTC "crumbs" in my account? I am probably done mining at BTC Guild and have about .00048 languishing there. Since auto withdrawals only withdraw the exact amount you specify it seems like it would be impossible to ever have a completely empty account.

Manual withdrawals are your full balance.  Auto withdrawals are exact amounts.  This is pretty clearly stated in the support section.  Either mine above 0.01 and do a manual withdrawal for free, or above 0.001 and pay a fee.

R.I.P. BTC Guild, 2011 - 2015.
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Phosphorous
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September 10, 2014, 04:30:12 PM
 #7778

How can I withdraw the BTC "crumbs" in my account? I am probably done mining at BTC Guild and have about .00048 languishing there. Since auto withdrawals only withdraw the exact amount you specify it seems like it would be impossible to ever have a completely empty account.

Manual withdrawals are your full balance.  Auto withdrawals are exact amounts.  This is pretty clearly stated in the support section.  Either mine above 0.01 and do a manual withdrawal for free, or above 0.001 and pay a fee.

Thanks, guess I missed that.
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September 10, 2014, 08:41:25 PM
 #7779

Well the current block and that last block are sure feeling like a sucker punch after the last few weeks of good luck.


Figured I'd pre-empt the bitching about luck with some bitching of my own.

R.I.P. BTC Guild, 2011 - 2015.
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September 10, 2014, 08:44:49 PM
 #7780

Well the current block and that last block are sure feeling like a sucker punch after the last few weeks of good luck.

Figured I'd pre-empt the bitching about luck with some bitching of my own.

LOL, I'm sure many are thinking it, but hadn't written it ... we'll chew it, solve it and move on ...  Wink

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