SirJMD (OP)
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January 06, 2012, 02:30:33 PM |
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Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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heinz
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January 06, 2012, 02:33:52 PM |
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Solo? Pool? Where? Lots of blocks have been mined in last few days.
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jamesg
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AKA: gigavps
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January 06, 2012, 02:34:55 PM |
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Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?
Please check your sources. Here is a good one -> http://blockchain.info/Please also be more clear. Are you talking about your pool? The network in general?
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Turbor
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BitMinter
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January 06, 2012, 02:37:29 PM |
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Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?
Well i assume you are talking about our current block at bitminter. Yes it is bad luck but 4000000 shares is by far not the worst i have seen. Edit: Since our hashrate is below 100 GH/s it takes some time to mine such blocks down. Other pools do 8 million blocks in one day or even faster but with less reward.
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SirJMD (OP)
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January 06, 2012, 02:56:55 PM |
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Solo? Pool? Where? Lots of blocks have been mined in last few days.
https://bitminter.com/blocksLast BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?
Well i assume you are talking about our current block at bitminter. Yes it is bad luck but 4000000 shares is by far not the worst i have seen. Edit: Since our hashrate is below 100 GH/s it takes some time to mine such blocks down. Other pools do 8 million blocks in one day or even faster but with less reward. What other big pools are there?
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Turbor
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January 06, 2012, 03:55:18 PM |
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There are many. Look in "Pools".
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P4man
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January 06, 2012, 04:00:10 PM |
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Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?
CDF of 97% currently https://bitminter.com/livestats/bigYes, thats bad luck. But only a few days ago we minted 6 blocks in 24 hours, with a lower hashrate at that, so I wouldnt feel too bad yet It just goes with a small pool, you have lucky and not so lucky days. But in the long run you will earn more than with the big pools, because you dont pay a fee.
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-ck
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Ruu \o/
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January 07, 2012, 09:33:33 AM |
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Worst ever block by a pool is ~24 million shares so far as far as I'm aware, but that was at a higher difficulty. If a new pool were to have that as their very first block ever there's a good chance they'd go bankrupt before they found the block...
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Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel 2% Fee Solo mining at solo.ckpool.org -ck
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DeepBit
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January 07, 2012, 03:43:30 PM |
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Edit: Since our hashrate is below 100 GH/s it takes some time to mine such blocks down. Other pools do 8 million blocks in one day or even faster but with less reward.
What other big pools are there? For example, https://deepbit.net with over 3100 GH/s of hashrate :)
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Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks ! Coming soon: ICBIT Trading platform
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P4man
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January 07, 2012, 09:26:11 PM |
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And a, what is it, 3 or 4% fee? The bad luck block has been solved meanwhile, as well as 2 more blocks in the same day averaging miner revenue out already at or maybe above average. More importantly perhaps, huge pools like deepbit give their operators a dangerous amount of control over bitcoin. Luke Jr take down of coilcoin shows this potential. I think its better for cryptocurrencies if hash rate is spread out as much as possible, which is one reason Ill never mine for a pool with more than ~20% of the hashrate.
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DeepBit
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January 08, 2012, 02:08:11 AM |
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And a, what is it, 3 or 4% fee? It's stated right on the main page, 3% I have the best fees ever :)
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Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks ! Coming soon: ICBIT Trading platform
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