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

[psahx]

Here you go!

It worked!!!

 

[daddyfatsax]

I've been doing my dance for a while. I'm gonna need more vodka to keep going.

[hurricandave]

I can now go have a Bourbon and relax. I'm not looking again till the hangover!

[guytechie]

I missed most of the good luck and when I finally got my power and miners back up, this happens!

[DrG]

I missed most of the good luck and when I finally got my power and miners back up, this happens!

Yeah same here.  I had to shut down for 6 hours due to AC failure and those 6 hours happen to be that little surge we had 2 days ago.  I'm running full speed to get 1 block in 12 hours 

[MoreBloodWine]

Who the hell ate all the lucky charms again, almost 6hrs since our last block found.

[guytechie]

Who the hell ate all the lucky charms again, almost 6hrs since our last block found.

That, nearly 9 hour block was pretty crazy.  1:10p to 9:54p.

[MoreBloodWine]

Who the hell ate all the lucky charms again, almost 6hrs since our last block found.

That, nearly 9 hour block was pretty crazy.  1:10p to 9:54p.

Up to 3 blocks so far today... if anyone wants easy tracking of last found, found today / found yesterday just keep an eye on my sig.

http://www.eojmarket.com/BTC-Guild_Stat_Sig/btcg_stat_sig-MoreBloodWine.php

[sumana]

how long it takes to update in website ?
i just started and it shows 800 shares in bfgminer but nothing in  website

[ManeBjorn]

Give it at least an hour to come up to speed at the pool.

how long it takes to update in website ?
i just started and it shows 800 shares in bfgminer but nothing in  website

[guytechie]

Just over 9 hours and still no block found...  This is overcompensating for the good luck we had.

[fivejonnyfive]

Just over 9 hours and still no block found...  This is overcompensating for the good luck we had.

Variance is variance. There are good streaks and there are bad streaks and in theory it all levels out.

But yeah, this block is a nail-biter, huh...  

EDIT: Almost simultaneously to me posting this we found 308482 :-) Here's hoping for a lucky streak to come.

[guytechie]

Just over 9 hours and still no block found...  This is overcompensating for the good luck we had.

Variance is variance. There are good streaks and there are bad streaks and in theory it all levels out.

But yeah, this block is a nail-biter, huh...  

EDIT: Almost simultaneously to me posting this we found 308482 :-) Here's hoping for a lucky streak to come.

I'll toast to that!  With Lucky Charms infused milk!

[eleuthria]

Difficulty: 16,818,461,371 (+24.93% over previous).  We're now approaching the fun territory where it is possible for a shift to go unpaid if a block lasts too long (in terms of shares, not time).

Shifts are ~11b shares currently, meaning the total 'N' value is at ~110b, which is 6.875x current difficulty.  This is the largest 'N' value of any PPLNS pool currently, but since the pool is not growing as fast as the network, it is slowly losing ground compared to difficulty.  This means that if a block takes more than 7x the current diff in shares, at least one shift will go unpaid.  You'll see this on GHash (much more frequently since their 'N' value is very low), p2pool, and BitMinter as well when a particularly long block hits.  Again, 'long' in this sense is a measure of shares, not time, though the two are related.

[psahx]

Difficulty: 16,818,461,371 (+24.93% over previous).  We're now approaching the fun territory where it is possible for a shift to go unpaid if a block lasts too long (in terms of shares, not time).

Shifts are ~11b shares currently, meaning the total 'N' value is at ~110b, which is 6.875x current difficulty.  This is the largest 'N' value of any PPLNS pool currently, but since the pool is not growing as fast as the network, it is slowly losing ground compared to difficulty.  This means that if a block takes more than 7x the current diff in shares, at least one shift will go unpaid.  You'll see this on GHash (much more frequently since their 'N' value is very low), p2pool, and BitMinter as well when a particularly long block hits.  Again, 'long' in this sense is a measure of shares, not time, though the two are related.

So, .... when are you planning to grow the pool? 

[MoreBloodWine]

When he gets rich or cashes out on his coin stash lol

[eleuthria]

Difficulty: 16,818,461,371 (+24.93% over previous).  We're now approaching the fun territory where it is possible for a shift to go unpaid if a block lasts too long (in terms of shares, not time).

Shifts are ~11b shares currently, meaning the total 'N' value is at ~110b, which is 6.875x current difficulty.  This is the largest 'N' value of any PPLNS pool currently, but since the pool is not growing as fast as the network, it is slowly losing ground compared to difficulty.  This means that if a block takes more than 7x the current diff in shares, at least one shift will go unpaid.  You'll see this on GHash (much more frequently since their 'N' value is very low), p2pool, and BitMinter as well when a particularly long block hits.  Again, 'long' in this sense is a measure of shares, not time, though the two are related.

So, .... when are you planning to grow the pool?  

All public pools are continuing to shrink in their share of the network as manufacturers of ASICs build up private farms for a fraction of the cost of individuals.  Most ASICs these days are not going to turn a profit for an end user, but the manufacturer's cost per hash is significantly lower.  In the last 2016 blocks, BTC Guild, Eligius, BitMinter, p2pool, and Slush combined aren't even 20% of the network anymore, and that has been a continuing trend for most of 2014.

[MoreBloodWine]

Difficulty: 16,818,461,371 (+24.93% over previous).  We're now approaching the fun territory where it is possible for a shift to go unpaid if a block lasts too long (in terms of shares, not time).

Shifts are ~11b shares currently, meaning the total 'N' value is at ~110b, which is 6.875x current difficulty.  This is the largest 'N' value of any PPLNS pool currently, but since the pool is not growing as fast as the network, it is slowly losing ground compared to difficulty.  This means that if a block takes more than 7x the current diff in shares, at least one shift will go unpaid.  You'll see this on GHash (much more frequently since their 'N' value is very low), p2pool, and BitMinter as well when a particularly long block hits.  Again, 'long' in this sense is a measure of shares, not time, though the two are related.

So, .... when are you planning to grow the pool?  

All public pools are continuing to shrink in their share of the network as manufacturers of ASICs build up private farms for a fraction of the cost of individuals.  Most ASICs these days are not going to turn a profit for an end user, but the manufacturer's cost per hash is significantly lower.  In the last 2016 blocks, BTC Guild, Eligius, BitMinter, p2pool, and Slush combined aren't even 20% of the network anymore, and that has been a continuing trend for most of 2014.

So basically by say, Feb if not sooner, pools will be obsolete and only private farms will turn a profit thus bringing the doom and gloom end to bitcoin.

[psahx]

All public pools are continuing to shrink in their share of the network as manufacturers of ASICs build up private farms for a fraction of the cost of individuals.  Most ASICs these days are not going to turn a profit for an end user, but the manufacturer's cost per hash is significantly lower.  In the last 2016 blocks, BTC Guild, Eligius, BitMinter, p2pool, and Slush combined aren't even 20% of the network anymore, and that has been a continuing trend for most of 2014.

So sad, but true What are the plans? What would you suggest to an end user? I do not want to hash for GHASH. Maybe you guys (BTC Guild, Eligius, BitMinter and Slush) will cooperate and redirect all your hash power to p2pool?

Sorry, if I sound too stupid, just want to know, what will happen to us

[os2sam]

pools will be obsolete and only private farms will turn a profit thus bringing the doom and gloom end to bitcoin.

I don't follow your logic?!?

Pools will be obsolete because of private farms which will destroy Bitcoin??

That's kind of like the movie "Soylent Green" where global warming caused all food sources to be destroyed which in turn caused a population boom and over populated the Earth.

Obviously I'm missing something, please explain it too me.