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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 902902 times)
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eleuthria (OP)
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January 09, 2014, 12:57:00 AM
Last edit: January 09, 2014, 01:15:15 AM by eleuthria
 #5381

Once the new backend is deployed, the next project on the list is something that's been mentioned in IRC a few times:  Scrypt Guild.

Woohoo!  Multipool will get competition?  It sure needs it!

M

"Scrypt Guild Alpha" is *hopefully* going to be up this weekend, likely just for pure LTC.  But the goal is automatic profit switching among a variety of scrypt coins.  A part of this Stratum Rewrite involves better multi-coin support.  The following is the current list of projects, and expected order:


1) SHA256 Stratum Update
2) Scrypt Guild Alpha (Single Scrypt Coin)
3) SHA256 Merged Mining Update (better NMC support and framework for multiple MM coins like IXC/DVC)
4) Scrypt Guild Beta (Multiple Coin Support, Manual Switching via WebUI)

After that, I'll see which looks faster to implement, DVC/IXC added to BTC Guild, or auto-switching options on Scrypt Guild based on 12-hour weighted average prices.


Ideally, the 4 already identified with a priority will all be complete in under 2 weeks (first two will definitely be done by this weekend), especially with how fast the final pieces are falling into place.

RIP BTC Guild, April 2011 - June 2015
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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mdude77
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January 09, 2014, 01:41:38 AM
 #5382

Once the new backend is deployed, the next project on the list is something that's been mentioned in IRC a few times:  Scrypt Guild.

Woohoo!  Multipool will get competition?  It sure needs it!

M

"Scrypt Guild Alpha" is *hopefully* going to be up this weekend, likely just for pure LTC.  But the goal is automatic profit switching among a variety of scrypt coins.  A part of this Stratum Rewrite involves better multi-coin support.  The following is the current list of projects, and expected order:

Just LTC for a start?  There are a lot of coins you could pick that'll do better than LTC 90% of the time.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
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January 09, 2014, 02:16:35 AM
 #5383

when I first tried BTC mining just a few weeks ago, I was just using my gaming pc. It has a gforce 660, not the greatest I know but It was getting about 80MHs. Could I use this for these scrypt coins?
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January 09, 2014, 02:29:00 AM
 #5384

when I first tried BTC mining just a few weeks ago, I was just using my gaming pc. It has a gforce 660, not the greatest I know but It was getting about 80MHs. Could I use this for these scrypt coins?
Certainly. It should be 1order magnitude less. So ~80khash/second

Should be.

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eleuthria (OP)
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January 09, 2014, 02:59:52 AM
 #5385

Just LTC for a start?  There are a lot of coins you could pick that'll do better than LTC 90% of the time.

M

The other coins bounce in value so much that I figured I'll pick the "stable" one of the bunch for the Alpha version.

RIP BTC Guild, April 2011 - June 2015
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January 09, 2014, 03:08:24 AM
 #5386

It has been a bit disheartening to see the state of Slush's thread.  It really seems wrong for a thread to have 100s of the most recent pages talking about inaccurate rewards with no word at all from the pool op about it for months.
...

When I started mining a year ago I started with Slush.  I always liked Slush's pool but, the continuous problems finally pushed me to switch last Fall.  The block problems, i.e., missing blocks, missing or low rewards, etc, was frustrating enough and was consuming far too much of my time double checking things but, the biggest issue for me was the complete lack of response from Slush in his own Pool's forum thread.  Many have speculated that his Trezor project has interfered with his management of the pool - I don't know.  However, I do know that I value pool OP interaction with and support for their miners.  I can deal with pool problems which, like any service, are going to happen but, it gets tough to tolerate a lack of response from the only person that can provide an answer.

IMHO, the two best pool OPs are you Eleuthria and DrHaribo at Bitminter.  The two of you are consistently engaged in your pool forums in every way and I have never felt "left out in the dark" when there is a pool issue.  As such, BTCG and Bitminter are the only two pools I use any more.

Keep up the good work!!!

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January 09, 2014, 03:37:10 AM
 #5387

....
It has been a bit disheartening to see the state of Slush's thread.  It really seems wrong for a thread to have 100s of the most recent pages talking about inaccurate rewards with no word at all from the pool op about it for months.

....

If Slush changed the pool's reward method to PPLNS, DGM or PPS, most of the payment issues would go away. He was going to do this well before Trezor was a sparkle in his eye. It's a huge shame, DeepBit going the way it has and Slush's pool seemingly on the way - more parts of the network's history disappearing.


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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January 09, 2014, 07:04:19 AM
 #5388

Mod note: Topic converted to self-moderated. This is a special case -- I don't normally do this. Posts before this point must not be deleted.

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January 09, 2014, 08:29:32 AM
 #5389


If Slush changed the pool's reward method to PPLNS, DGM or PPS, most of the payment issues would go away. He was going to do this well before Trezor was a sparkle in his eye. It's a huge shame, DeepBit going the way it has and Slush's pool seemingly on the way - more parts of the network's history disappearing.



Agreed.  I mined at Slush's from I began mining, but I left for good when things started going a bit wrong - wonky payments and the likes.  It's a shame, it was a good pool.


I'm excited about the new pool stuff - the other merged mining coins (IXC, DVC) should raise in value a little as BTCGuild starts paying those out, I got some when I mined at ghash.io but they didn't have much if any value. 

I'd like to see PeerCoin getting a chance on Guild as well, it's a nice concept.
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January 09, 2014, 08:35:51 AM
 #5390


If Slush changed the pool's reward method to PPLNS, DGM or PPS, most of the payment issues would go away. He was going to do this well before Trezor was a sparkle in his eye. It's a huge shame, DeepBit going the way it has and Slush's pool seemingly on the way - more parts of the network's history disappearing.



Agreed.  I mined at Slush's from I began mining, but I left for good when things started going a bit wrong - wonky payments and the likes.  It's a shame, it was a good pool.

Slush is planning/programming new reward system and all sorts of other stuff. Hopefully his pool will endure this hard time and be reborned like phoenix :-)
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January 09, 2014, 08:38:20 AM
 #5391

Slush is planning/programming new reward system and all sorts of other stuff. Hopefully his pool will endure this hard time and be reborned like phoenix :-)

He's been planning/programming that "new" (pretty sure it's just PPLNS or DGM) reward system for the better part of a year if I remember correctly...

RIP BTC Guild, April 2011 - June 2015
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January 09, 2014, 08:49:37 AM
 #5392

I'm not liking it!!!
https://blockchain.info/pools?timespan=24hrs
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January 09, 2014, 08:50:54 AM
 #5393

eleutheria do you still use this tool for working out network percentages?
http://blockorigin.pfoe.be/top.php

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January 09, 2014, 08:56:06 AM
 #5394

Slush is planning/programming new reward system and all sorts of other stuff. Hopefully his pool will endure this hard time and be reborned like phoenix :-)

He's been planning/programming that "new" (pretty sure it's just PPLNS or DGM) reward system for the better part of a year if I remember correctly...


In 2012 I posted http://organofcorti.blogspot.com.au/2012/04/41-slushs-pool.html

At the start, I amended the post:

Quote
Note: On Friday 13th April local time,  Slush gave a timeframe of a few days for a change over to a DGM payout method, which is provably fair and quite flexible. If his change over estimate is accurate, the new payout method should be on line sometime next week. Please keep the changeover in mind during my discussion of the exponential payout system.

This had been an option for some time, and even at the end of 2011 I remember him saying he'd change the reward method.

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eleuthria (OP)
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January 09, 2014, 09:01:24 AM
 #5395

eleutheria do you still use this tool for working out network percentages?
http://blockorigin.pfoe.be/top.php

I do normally, but right now it's really inaccurate.  It relies on blockexplorer.com to stay current.  Blockexplorer was stuck for over a week.  It's catching up now, but unfortunately since blockorigin relies on scraping sites to get an accurate picture, it's ending up with a *massive* amount of "Unknown" sources instead of attributing them to GHash.io as well as a couple other pools that it normally would identify properly.

RIP BTC Guild, April 2011 - June 2015
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January 09, 2014, 09:05:19 AM
Last edit: January 09, 2014, 09:25:46 AM by railzand
 #5396

eleutheria do you still use this tool for working out network percentages?
http://blockorigin.pfoe.be/top.php

I do normally, but right now it's really inaccurate.  It relies on blockexplorer.com to stay current.  Blockexplorer was stuck for over a week.  It's catching up now, but unfortunately since blockorigin relies on scraping sites to get an accurate picture, it's ending up with a *massive* amount of "Unknown" sources instead of attributing them to GHash.io as well as a couple other pools that it normally would identify properly.

kktyvm. just trying to work out where ghash.io really are now in terms of network %

EDIT: I went and quoted your mitigation plan at them https://bitcointalk.org/index.php?topic=318010.msg4405084#msg4405084

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January 09, 2014, 09:05:30 AM
 #5397

I have only mined a few satoshi on slush with my CPU, but their payout system seems unique. Other pools seem to use PPLNS over 10 work shifts, whereas slush uses a share value multiplier depending on how close or far they are from the block solution. Are there major problems with this method ?
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January 09, 2014, 09:18:15 AM
 #5398

I have only mined a few satoshi on slush with my CPU, but their payout system seems unique. Other pools seem to use PPLNS over 10 work shifts, whereas slush uses a share value multiplier depending on how close or far they are from the block solution. Are there major problems with this method ?

The problem with slush's method is it IS hoppable (though pool hopping is mostly dead these days), and has absolutely no way to audit your reward.  With slush's method, you're at the mercy of whatever calculations were done with the scores in the background, with absolutely no way to verify what you ended up receiving.  Judging by the slush thread, it looks like there's likely an error in how the scores are calculated across multiple backends, given the months of posts about weird rewards on different rounds.

That's why I'm a fan of Shift-based PPLNS.  The reward you received can be audited down to the satoshi for any given shift.

RIP BTC Guild, April 2011 - June 2015
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January 09, 2014, 02:10:17 PM
 #5399

eleuthria,

Can you add auto-payouts with splits by percentage?

I think this is a big advantage that gnash-io currently has over every other mining pool. As mining hardware becomes more and more expensive and power hungry, more and more miners will pool resources to acquire hardware. Many miners are not going to be able to run a Neptune at home.

It would be a big benefit to be able to set-up split payouts in the pool and not have to manually manage them.

This would also help single miners that are not pooling hardware because they could send 50% to a cold storage wallet, and 50% to an exchange to be sold.

See post 56 here:
https://bitcointalk.org/index.php?topic=406152.40;topicseen
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January 09, 2014, 02:30:22 PM
 #5400

Eleuthria, might you considering lowering your pool fees temporarily to incentivise more people to get off ghash.io and onto your pool ?
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