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Author Topic: Will variance regress to the mean, or will I continue to get screwed?  (Read 1120 times)
yochdog
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January 25, 2012, 10:12:36 PM
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Just looked at the ole Deepbit account, and over the life of my account, I have found 37 blocks.  Thus, I would expect to have mined approximately 1,850 BTC.

HOWEVER, I have only earned 1,453 BTC.  This seems like a huge disparity!  Have I just been insanely lucky, and expect my luck to get worse? 

Wish I had been solo mining.....

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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Eveofwar
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January 25, 2012, 10:13:13 PM
 #2

Just looked at the ole Deepbit account, and over the life of my account, I have found 37 blocks.  Thus, I would expect to have mined approximately 1,850 BTC.

HOWEVER, I have only earned 1,453 BTC.  This seems like a huge disparity!  Have I just been insanely lucky, and expect my luck to get worse? 

Wish I had been solo mining.....

Probably should have been pool hopping.
yochdog
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January 25, 2012, 10:13:58 PM
 #3

Just looked at the ole Deepbit account, and over the life of my account, I have found 37 blocks.  Thus, I would expect to have mined approximately 1,850 BTC.

HOWEVER, I have only earned 1,453 BTC.  This seems like a huge disparity!  Have I just been insanely lucky, and expect my luck to get worse? 

Wish I had been solo mining.....

Probably should have been pool hopping.

My understanding is that hopping is unethical.....

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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January 25, 2012, 10:14:45 PM
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Just looked at the ole Deepbit account, and over the life of my account, I have found 37 blocks.  Thus, I would expect to have mined approximately 1,850 BTC.

HOWEVER, I have only earned 1,453 BTC.  This seems like a huge disparity!  Have I just been insanely lucky, and expect my luck to get worse? 

Wish I had been solo mining.....

Probably should have been pool hopping.

My understanding is that hopping is unethical.....

And profitable.
Clipse
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January 25, 2012, 10:31:12 PM
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What holliday said, you most likely got above avg lucky on the pool and the other difference is the deepbit fee.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
FreeMoney
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January 25, 2012, 10:37:27 PM
 #6

Just looked at the ole Deepbit account, and over the life of my account, I have found 37 blocks.  Thus, I would expect to have mined approximately 1,850 BTC.

HOWEVER, I have only earned 1,453 BTC.  This seems like a huge disparity!  Have I just been insanely lucky, and expect my luck to get worse? 

Wish I had been solo mining.....

Probably should have been pool hopping.

My understanding is that hopping is unethical.....

They you shouldn't have paid people 397BTC to do it. You are subsidizing that behavior.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
yochdog
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January 26, 2012, 05:18:46 AM
 #7

Just looked at the ole Deepbit account, and over the life of my account, I have found 37 blocks.  Thus, I would expect to have mined approximately 1,850 BTC.

HOWEVER, I have only earned 1,453 BTC.  This seems like a huge disparity!  Have I just been insanely lucky, and expect my luck to get worse? 

Wish I had been solo mining.....

Probably should have been pool hopping.

My understanding is that hopping is unethical.....

They you shouldn't have paid people 397BTC to do it. You are subsidizing that behavior.

I switched to Eclipse.....They claim to be immune from hopping, and I get an instant 3% raise.  Win Win!!

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
FreeMoney
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January 26, 2012, 05:23:41 AM
 #8

Just looked at the ole Deepbit account, and over the life of my account, I have found 37 blocks.  Thus, I would expect to have mined approximately 1,850 BTC.

HOWEVER, I have only earned 1,453 BTC.  This seems like a huge disparity!  Have I just been insanely lucky, and expect my luck to get worse? 

Wish I had been solo mining.....

Probably should have been pool hopping.

My understanding is that hopping is unethical.....

They you shouldn't have paid people 397BTC to do it. You are subsidizing that behavior.

I switched to Eclipse.....They claim to be immune from hopping, and I get an instant 3% raise.  Win Win!!

Very nice. I think hopping works itself out eventually. People move to pools that don't use the vulnerable system and only pool hoppers use the ones where hopping helps and eventually give it up because everyone is doing it so it gets so little advantage compared to a set it and forget it pool.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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