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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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March 31, 2014, 08:00:25 PM
 #6561

With the change if fee, has the crediting of blocks to the pool changed to 1 confirmation ?
I noticed that block 293443 was on blockchain.info for 6 minutes, but not listed by BTCGuild.

Here's how it works:

1) Block is found by BTC Guild.
2) Within a minute, the frontend recognizes the block and it's listed under Pool Stats.  This process also identifies which 10 shifts will get paid for the block.
3) Once the block has a confirmation, the block is credited to the appropriate shifts.



So BTC Guild is still offering the near-instant rewards, you don't have to wait for the block to hit 100-120 confirmations.  It just waits for another block to confirm its own block before applying the reward to accounts.  To date BTC Guild has never had a block get orphaned after another block built off it (it's extremely rare to have a blockchain re-org beyond a single forked block).

EDIT: Obvious exception for the 0.8 hardfork orphans with regard to BTC Guild not having a block orphaned after another block confirmed it.

RIP BTC Guild, April 2011 - June 2015
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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BrandonMcPherson
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March 31, 2014, 08:15:11 PM
 #6562

Solid move, Eleuthria. Simplifying the marketing message is great, especially considering the neutral net effect it has on us miners.
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March 31, 2014, 08:55:42 PM
 #6563

Fee Update (3/31/14)

Don't forget to let Organofcorti know about the changes for the Bitcoin Mining Pools List.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
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eleuthria (OP)
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March 31, 2014, 09:32:47 PM
 #6564

Fee Update (3/31/14)

Don't forget to let Organofcorti know about the changes for the Bitcoin Mining Pools List.

Thanks for the reminder.

RIP BTC Guild, April 2011 - June 2015
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March 31, 2014, 09:33:00 PM
 #6565

 If we have an orphaned block, with the time for conformation and such, will it show up on the dashboard and then disappear? Or is the only way to know that an orphaned block happened is to be watching the blockchain.info?
eleuthria (OP)
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March 31, 2014, 09:35:02 PM
 #6566

If we have an orphaned block, with the time for conformation and such, will it show up on the dashboard and then disappear? Or is the only way to know that an orphaned block happened is to be watching the blockchain.info?

Orphaned blocks will show up under the Pool Stats listing of our last 200 blocks, as "Orphan" for their block #.  They will not appear on your dashboard or on the PPLNS Stats pages at any time (they only show up on those pages after the block has another block confirming it, AKA:  Not orphan).

RIP BTC Guild, April 2011 - June 2015
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March 31, 2014, 09:37:39 PM
 #6567

Thank you.
organofcorti
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March 31, 2014, 09:44:40 PM
 #6568

Fee Update (3/31/14)

Don't forget to let Organofcorti know about the changes for the Bitcoin Mining Pools List.

Thanks for the reminder.

Done.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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March 31, 2014, 10:06:55 PM
 #6569

I'm having trouble accessing the website, anything we need to know?

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March 31, 2014, 10:08:24 PM
 #6570

pool is down?
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March 31, 2014, 10:08:34 PM
 #6571

I'm having trouble accessing the website, anything we need to know?

Website is down for me and all my miners swicthed to my backup pool.  BTCG pool shows "Dead" on my antminers.

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March 31, 2014, 10:09:11 PM
 #6572

pool is down
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March 31, 2014, 10:11:44 PM
 #6573

Simple sounds best for your business but the IRS is probably wrong to try and do this.    If BTC was unique then maybe but its not, there must be thousands of crypto networks many junk but still.
    Are they really going to chase down every 2 bit operation.  I would expect them to target the businesses or hubs first so it is wise to respond but the IRS is criminalising a population which Im sure history has shown to be a pointless endeavour

Quote from: Edmund C. Moy,  38th Director of the United States Mint
The IRS made this ruling because it has the legal authority to do so.  But rules are not laws and therefore can be changed as circumstances dictate and as long as they do not contradict the law.  Wider acceptance of bitcoin, in spite of this speed bump, is one such circumstance that may force the IRS to reconsider its guidance.
http://newsbtc.com/2014/03/28/former-director-u-s-mint-addresses-bitcoin-irs-guidance/

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..PLAY NOW..
eleuthria (OP)
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March 31, 2014, 10:17:33 PM
 #6574

Pool service restored, database server had stopped responding.  Looking into logs now to find the cause so it won't repeat itself.

RIP BTC Guild, April 2011 - June 2015
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March 31, 2014, 10:18:04 PM
 #6575

Pool service restored, database server had stopped responding.  Looking into logs now to find the cause so it won't repeat itself.

Do I need to reconnect my farm?

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eleuthria (OP)
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March 31, 2014, 10:19:28 PM
 #6576

Pool service restored, database server had stopped responding.  Looking into logs now to find the cause so it won't repeat itself.

Do I need to reconnect my farm?

I'd always recommend checking your miners after a confirmed service outage, just because not all software functions perfectly when dealing with unexpected disconnects.

RIP BTC Guild, April 2011 - June 2015
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March 31, 2014, 10:26:53 PM
 #6577

The website is still down for me.
crilleaz
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March 31, 2014, 10:31:49 PM
 #6578

I'm having trouble connecting my miners to the pool..

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March 31, 2014, 10:37:18 PM
 #6579

Pool is down again for me.  half my miners show it as "Dead".  the other half show it "Alive" but they still failed over to my backup pool.  Reboots made no difference.

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eleuthria (OP)
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March 31, 2014, 10:37:37 PM
 #6580

Yes, immediately after posting it was back up it went down again.  I'm looking for the cause.  Mining is back up again at the moment.

RIP BTC Guild, April 2011 - June 2015
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