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Author Topic: mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor  (Read 316657 times)
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edgar
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June 17, 2015, 01:48:56 AM
 #1041

Many thanks!

I already have BTC, NMC, UNO, IXC wallets.

Perhaps i'll just mine those and leave the others.

Thx again!



E2A - registered but seeing 0 hashrate on the stats. 

rig (SP20) says all good..
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mmpool
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June 18, 2015, 10:56:02 AM
 #1042

E2A - registered but seeing 0 hashrate on the stats. 

rig (SP20) says all good..
Check your username that you're giving to the miners. It should be the same case (capitals/lowercase) as the username you're using when registered. This is the most common reason for 0 stats.

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
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June 22, 2015, 03:24:50 PM
 #1043

I'm new to this pool, but it seems like this round is taking a VERY long time. Currently at 625:52:38 Am I wrong? I know it's not uncommon for pools to get "stuck" on really long rounds sometimes - is that's what's happening here?
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June 22, 2015, 04:18:45 PM
 #1044

I'm new to this pool, but it seems like this round is taking a VERY long time. Currently at 625:52:38 Am I wrong? I know it's not uncommon for pools to get "stuck" on really long rounds sometimes - is that's what's happening here?

stress test?
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June 22, 2015, 11:09:34 PM
 #1045

While I have always and still believe MM pool is one of the best around for mining you must understand the mathematics of things:

Lately as I have looked MM pool has averaged about 200 terrahash (note this is when I have looked at various times in the past few weeks)

Now the current network target for bitcoin is almost 49.7 billion and the network has run about even since the last adjustment about 8 days ago meaning blocks are roughly coming off at a ten minute average.

The estimated hashrate of bitcoin is riht now 343 petahash

So if mm pool is average 200 terrahash (and if I am wrong please correct me )  this is about .20 petahash meaning the entire pool is about .000583% of the network.  If you were 1% of the network you would expect to solve 1 % of 1008 blocks on average per week

(assuming the network and numbers stay the same which they never do but let's take a snapshot)

Since this is less than the block award of 25 (1% of 1008 is 10.08 btc) 

I hope this gives you some realistic expectations.

If you are .000583% of the network in two weeks out of 2016 blocks you should yield about 1.1753 btc

Put another way at 200 terrahash you have about a 50% chance of hitting a block about every 13 days.....at current network difficulty !!

This does not mean you can expect the pool to hit one every 13 days that is a 50% chance and the lower your hash power the more variation luck and in time increasing difficulty can play (although based on block production this cycle in about 5 days difficulty should remain nearly the same )

Since mm pool uses the dgm reward method (read about it in the wiki or on mm pools home page) you MUST BE PATIENT

Yes when you are mining in a pool that is small relative to the entire network you can wait a long time in between rounds.

It is luck when blocks will be solved and recently several were solved in a row.

Now this only discusses btc..... the child coins namecoin, etal....  are much more likely to accumulate in your wallet in mmpool because very few bitcoin pools even merge mine namecoin  or the others.....  The guild was about the longest runner and it closes in week for good.

If you know your tech you can merge mine btc with as many child coins as you can set up on p2pool but unless you really know what you are doing MMPOOL has the perfect set up  AND you will in the end earn just as much bitcoin as you would in Slushes pool , or any of the others or even solo mining (although I would not recommend taking the network on solo at this point....)     

Patience is the key and trust in the integrity of the pool operator plus the benefit in knowing you earn the auxuliary coins !! 

I hope the operator of mm pool does not object to this, since I don't want to discourage anyone but yes there can be some long rounds.....

You will get paid. And when you do it won't be .0000118 btc like in some pools that you can't even withdraw !!!

Hopefully this math clairifies things..... Also read the details of the pools payout method.....

Good luck



I'm new to this pool, but it seems like this round is taking a VERY long time. Currently at 625:52:38 Am I wrong? I know it's not uncommon for pools to get "stuck" on really long rounds sometimes - is that's what's happening here?

Check out my coin Photon
Merge Mine 5 other Blake 256 coins - 6x your hash power  https://www.blakecoin.org/

The obvious choice is not always the best choice.

LOOK DEEPER - Look into the Blake 256 Family -- CC
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June 23, 2015, 01:23:16 AM
 #1046

I hope the operator of mm pool does not object to this, since I don't want to discourage anyone but yes there can be some long rounds.....
I don't mind at all. It's important to point out that low hash rate pools take a long time between blocks. The last few we had close together were an outlier - a nice one though. The only solution is more hash power. This is one of the reasons the PPS portion was introduced - to give some BTC reward during the long periods.

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
philipma1957
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June 23, 2015, 01:32:18 AM
 #1047

I hope the operator of mm pool does not object to this, since I don't want to discourage anyone but yes there can be some long rounds.....
I don't mind at all. It's important to point out that low hash rate pools take a long time between blocks. The last few we had close together were an outlier - a nice one though. The only solution is more hash power. This is one of the reasons the PPS portion was introduced - to give some BTC reward during the long periods.

heres to the start of a new outlier.

We make 4 new blocks before the 4th of July 2015!

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
valkir
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June 23, 2015, 01:35:38 AM
 #1048

We could also rent some power at the same time  Tongue And get some lucky block!  Grin

██     Please support sidehack with his new miner project Send to :

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photon_coin
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June 23, 2015, 04:55:23 AM
 #1049

You can mine 8 coins with the same hash power at mm pool all at the same time. 

In particular if you want to mine any of the child coins it is by far the best place to be mining.

But why mine just a few if you can get 8 chances at solving a block for each share submitted !!


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June 23, 2015, 07:21:00 AM
 #1050

You can mine 8 coins with the same hash power at mm pool all at the same time. 

In particular if you want to mine any of the child coins it is by far the best place to be mining.

But why mine just a few if you can get 8 chances at solving a block for each share submitted !!



7 coins - username isnt a coin, bruh
philipma1957
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June 23, 2015, 09:37:16 PM
 #1051

is site down?

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
valkir
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June 23, 2015, 09:39:29 PM
 #1052

Not for me phil.
http://downforeveryoneorjustme.com/#

Said its ok!

██     Please support sidehack with his new miner project Send to :

1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
cinnamon_carter
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June 24, 2015, 06:17:39 AM
 #1053

i stand corrected,  got a little over zealous with counting

maybe someday there will be 8

You can mine 8 coins with the same hash power at mm pool all at the same time. 

In particular if you want to mine any of the child coins it is by far the best place to be mining.

But why mine just a few if you can get 8 chances at solving a block for each share submitted !!



7 coins - username isnt a coin, bruh

Check out my coin Photon
Merge Mine 5 other Blake 256 coins - 6x your hash power  https://www.blakecoin.org/

The obvious choice is not always the best choice.

LOOK DEEPER - Look into the Blake 256 Family -- CC
edgar
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June 24, 2015, 07:59:28 AM
 #1054

i stand corrected,  got a little over zealous with counting

maybe someday there will be 8

You can mine 8 coins with the same hash power at mm pool all at the same time. 

In particular if you want to mine any of the child coins it is by far the best place to be mining.

But why mine just a few if you can get 8 chances at solving a block for each share submitted !!



7 coins - username isnt a coin, bruh


are you photon_coin?

RealMalatesta
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June 24, 2015, 08:21:44 AM
 #1055

i stand corrected,  got a little over zealous with counting

maybe someday there will be 8

You can mine 8 coins with the same hash power at mm pool all at the same time.  

In particular if you want to mine any of the child coins it is by far the best place to be mining.

But why mine just a few if you can get 8 chances at solving a block for each share submitted !!



7 coins - username isnt a coin, bruh



are you photon_coin?



I need new glasses or a new brain or both... 6 coins only for me?
philipma1957
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June 24, 2015, 09:01:51 AM
 #1056

i stand corrected,  got a little over zealous with counting

maybe someday there will be 8

You can mine 8 coins with the same hash power at mm pool all at the same time.  

In particular if you want to mine any of the child coins it is by far the best place to be mining.

But why mine just a few if you can get 8 chances at solving a block for each share submitted !!



7 coins - username isnt a coin, bruh



are you photon_coin?



I need new glasses or a new brain or both... 6 coins only for me?

6 is correct

bitcoin
namecoin
i0coin
ixcoin============ dead coin no earnings
devcoin
groupcoin
unobtanium   



I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
edgar
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June 24, 2015, 11:50:53 AM
 #1057

isnt ixcoin still 'mined' for tx fees/network support..?

valkir
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June 25, 2015, 12:14:48 AM
 #1058

Hey quick question is it normal that I cant make rig rented from MRR work. Second time I try to rent there and hashrate is just down and said that there is a problem on the pool side?

Is it mrr or mmpool ?

██     Please support sidehack with his new miner project Send to :

1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
mmpool
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June 26, 2015, 01:07:18 AM
 #1059

Hey quick question is it normal that I cant make rig rented from MRR work. Second time I try to rent there and hashrate is just down and said that there is a problem on the pool side?
What difficulty level are you using for your password?

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
philipma1957
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June 26, 2015, 01:58:10 AM
 #1060

isnt ixcoin still 'mined' for tx fees/network support..?



may be but we don't earn from it. I could be wrong we need to ask the op.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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