mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor

[philipma1957]

Hash rate just quadrupled?

Edit: Briefly.

that is me renting gear.  I do it here and there.   I am near the top of the list in stats.  I keep 2-5 th steady and when I feel lucky smack the pool with 100th for an hour or so.

the upside if you do this and make 2 fast blocks you really score on the second block.  the down side is most likely it won't happen. then you did not score at all.

It is kind of like solo mining with a twist.   if I rent for 1 hour's time and the second block comes fast I get half the coins.   but getting 2 blocks in an hour is unlikely.  even getting one  is not that likely.

If I get no blocks during my high hash time my btc due goes up just a little bit.    say 1.1 turns to 1.2   then I need higher hash in my low time to maintain that hash and not let it slip.

right now I am at 1.54912 btc and on top of the list ..   my hash is at 5.9th   I will move some off the pool and drop to about 2.9th  I will do this for about 6 hours you will see my 1.54912 btc drop over nite  down to maybe 1.52 btc

[deleterase]

Hello mmpool,

If you change to p2pool, will I have to install it as well to mine here?  Sorry for noob question, just starting out 

Thank you.

[bitpop]

Hello mmpool,

If you change to p2pool, will I have to install it as well to mine here?  Sorry for noob question, just starting out 

Thank you.

No they'll be your node

[deleterase]

Hello mmpool,

If you change to p2pool, will I have to install it as well to mine here?  Sorry for noob question, just starting out 

Thank you.

No they'll be your node

Good, thank you 

[philipma1957]

made a block!!!




https://blockchain.info/blocks/mmpool

[mmpool]

Block 321767 was found  by user db694de1 earning them an extra 0.0879 bitcoins in transaction fees.

[philipma1957]

Block 321767 was found  by user db694de1 earning them an extra 0.0879 bitcoins in transaction fees.

  cool good for him.

what is nice is a fast block like this (under 35% cdf)  

 I did very well mining it.  I got 1.6 btc all paid and in my account.

I estimate the low cdf like <35% means I was paid 2x the coin then if I mined at  cex.io  getting so called normal luck.

  of course  if a long block comes along it  is terrible.

[Cockeyed]

Thanks, got 1.7757114+ ;-)

[philipma1957]

Thanks, got 1.7757114+    ;-)

now they say good things come in threes.  

A nice <10% cdf  is coming up next

 fingers crossed!!

[Cheeseater]

How do you add workers? username_ miner or username.miner
Thanks

[bitpop]

How do you add workers? username_ miner or username.miner
Thanks

Neither you don't need workers here

[Katun]

I am new to mining and was considering investing in an SP20 (1.7TH/S). Does this sound like a reasonable undertaking to pursue or am I to late to the game? Any advice or information on getting started (if recommended) would also be appreciated.

[bitpop]

I am new to mining and was considering investing in an SP20 (1.7TH/S). Does this sound like a reasonable undertaking to pursue or am I to late to the game? Any advice or information on getting started (if recommended) would also be appreciated.

Don't ever mine, just buy!

[matthewh3]

I am new to mining and was considering investing in an SP20 (1.7TH/S). Does this sound like a reasonable undertaking to pursue or am I to late to the game? Any advice or information on getting started (if recommended) would also be appreciated.

I'd say it depends on how much you're paying for the miner and how much you're going to pay per kWh for power.  If you've got very cheap power costs and you're getting the miner relatively cheap.  Then it makes sense too, you can use claculators like this one to try and help to decide - http://btcinvest.net/en/bitcoin-mining-profit-calculator.php

[bitzcointalk]

Mining hardware is a SCAM. Well, at least it feels like it.
Network hashrate makes your hashrate nothing every er, um, few weeks...
Don't do it.     


BFL got shut down by the FTC.

Now a days, if you make mining hardware, you do time. he he he

[kjlimo]

Time to top up the hot wallet.  If you can add about 7 or so bitcoins, that ought to let me withdraw the rest of my accounts

Thanks!

[mmpool]

Block 323407 was found  by user 4f36fd12 earning them an extra 0.0868 bitcoins in transaction fees.

[mmpool]

Time to top up the hot wallet.  If you can add about 7 or so bitcoins, that ought to let me withdraw the rest of my accounts

Sorry about that, this was due to fragmentation in the wallet. With the majority of the hot wallet coalesced into one output even a tiny withdrawal from someone would tie up all the funds until confirmation. I've topped up and defragmented.

[philipma1957]

very nice

 I just collected my 1+ btc.   I have had a very nice run with this pool.  Keep up the good work!

[kjlimo]

Time to top up the hot wallet.  If you can add about 7 or so bitcoins, that ought to let me withdraw the rest of my accounts

Sorry about that, this was due to fragmentation in the wallet. With the majority of the hot wallet coalesced into one output even a tiny withdrawal from someone would tie up all the funds until confirmation. I've topped up and defragmented.

No Prob, it worked just a couple hours later for each subsequent account.