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Question: Has anything you've read here or on the Neighbourhood Pool Watch blog changed your mining habits for the better?
Yes
No
I don't mine

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Author Topic: Neighbourhood Pool Watch  (Read 45596 times)
organofcorti
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February 24, 2012, 08:39:20 AM
 #1

Current post:
Early detection of unintentional block withholding

Some previous posts:
FAQ: Bitcoin mining and the luck statistic

Measures of network hashrate centralisation

Neighbourhood Pool Watch 16.9 Another short post on mapping the historical hashrate distribution

Neighbourhood Pool Watch 16.7 Satoshi's hashrate

Neighbourhood Pool Watch 18.1 Who owns 1HTM4TYSXF5yZKLpco6MTUUNfSBCiiwGsU ?

Neighbourhood Pool Watch 9.18 Gridseed - should you mine bitcoin or litecoin?

Neighbourhood Pool Watch  16.3 The unknown network hashrate.

Neighbourhood Pool Watch  17 Goodbye HHTT. The coinbase will never be as strange again.

Neighbourhood Pool Watch  16.2 A short post on mapping the historical pool hashrate

Neighbourhood Pool Watch 16.1 The network: Orphaned blocks part 1

Neighbourhood Pool Watch 12.4 Miner hashrate distributions 28th May 2013

Neighbourhood Pool Watch 13.1: BitMinter and "luck".

Neighbourhood Pool Watch 12.2 Pool and network miner hashrate distributions.

Neighbourhood Pool Watch 12.1 The pre-ASIC network hashrate distribution.

Neighbourhood Pool Watch 8.2 BitcoinPool: The great anomaly hunt.

Neighbourhood Pool Watch 9.4 ASIC choices update 24th December

Neighbourhood Pool Watch 5.2 p2Pool: Achieving expectation Start here

Neighbourhood Pool Watch 9.3 More on ASIC choices

Neighbourhood Pool Watch 9.2 ASIC choices update 2nd November   Starts here

Neighbourhood Pool Watch 9.1 ASIC choices   Starts here

Neighbourhood Pool Watch 8.1 BitcoinPool: Another Bitclockers?   Starts here

Neighbourhood Pool Watch 7.1 Variable pool difficulty  Starts here

Neighbourhood Pool Watch 4.3 Slush's score method and miner earnings part 2   Starts here

Neighbourhood Pool Watch 6.1 Bitlc.net - Pool hopping and unfulfilled promise    Starts here

Neighbourhood Pool Watch 4.2 Slush's score method and miner earnings part 1    Starts here

Neighbourhood Pool Watch 5.1 p2Pool - bad luck or flawed?    Starts here

Neighbourhood Pool Watch 4.1 Slush's pool    Starts here

Neighbourhood Pool Watch 3.2 The risks of SMPPS update    Update

Neighbourhood Pool Watch 3.1 The Rise and Fall of Arsbitcoin.com    Starts here

Neighbourhood Pool Watch 2.2 Deepbit and 'pool hopping'    Starts here

Neighbourhood Pool Watch 2.1 Deepbit    Starts here

Neighbourhood Pool Watch 1.5: Bitclockers.com summary    Starts here

Neighbourhood Pool Watch 1: No-one should mine at Bitclockers


###################################################################
Neighbourhood Pool Watch 1: No-one should mine at Bitclockers is the first in a new installment of blogs from me that have nothing to do with strategic mining - er pool hopping, and everything to do with ensuring miners are safe from dishonest pool operators and cowboys.

The first to be covered is Bitclockers.com

I gave Bitclockers.com an opportunity to explain themselves on the bitclockers.com thread with no answer to my concerns. So I've decided to post what I know about how they are underpaying their fulltime miners.

From the post:
Quote
if Bitclockers.com are reporting block solve times accurately, they are underpaying their miners by about 21%. Since they have claimed they actually are reporting round lengths correctly, the only conclusion we can draw is that fulltime miners at Bitclockers.com are receiving only 79% of what they should be paid. Who's to know how long they have been doing this?

and
Quote
So here's my first rule in choosing a mining pool:

organofcorti's first rule of Bitcoin mining : Do not mine at a pool that publishes false statistics.

A corollary of this is:

Do not mine at Bitclockers.com until they disclose their actual records.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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February 24, 2012, 09:10:37 AM
 #2

Well done Organ.   They've dug themselves into a hole here.

martychubbs
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February 24, 2012, 05:50:34 PM
 #3

Well done Organ.   They've dug themselves into a hole here.

Way to Bust 'em...miners "you need to hide your kids,hide your wife and hide your husband cuz they rapen anybody out here"

http://www.youtube.com/watch?v=EzNhaLUT520
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February 24, 2012, 06:33:53 PM
 #4

Here's yet another reason why everyone should use p2pool.

Damned straight.

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February 24, 2012, 06:36:21 PM
 #5

Here's yet another reason why everyone should use p2pool.

Damned straight.

Yeah I remember that one block where the p2pool operator faked the stats to steal from us miners, it pissed us off so much that we ...

er wait that never happened, it couldn't happen.  Smiley
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February 26, 2012, 09:11:09 AM
 #6

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.

organofcorti
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February 26, 2012, 09:23:22 AM
 #7

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.

I'm not interested in your hopper protection - focused explanations. All I ever wanted to know from the start is why (until today edit: and since round 179) you never had a block under 0.3*D. Did you keep some for your self? No. Then if you've been respecting block boundaries you've been underpaying.

I proved without a doubt that you've been misreporting block lengths, which means  you've probably been stealing from your fulltime miners.

How about you publish the actual block lengths from rounds 179 to 504? If you can't do that you should get the scammer label.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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February 26, 2012, 09:32:23 AM
 #8

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.
then why my average daily income is 1.6-1.8 where i can get around 2.2 to 2.3 on bitlc, when i tried full time on your pool, without hopping?

don't tell me "it's the variance"


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DiabloD3
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February 26, 2012, 10:38:06 AM
 #9

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.
then why my average daily income is 1.6-1.8 where i can get around 2.2 to 2.3 on bitlc, when i tried full time on your pool, without hopping?

don't tell me "it's the variance"

Its the variance.

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February 26, 2012, 05:27:26 PM
 #10

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.
then why my average daily income is 1.6-1.8 where i can get around 2.2 to 2.3 on bitlc, when i tried full time on your pool, without hopping?

don't tell me "it's the variance"

Its the variance.
for couple of days straight?


           █████████████████     ████████
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▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
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██     
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DiabloD3
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February 26, 2012, 05:41:00 PM
 #11

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.
then why my average daily income is 1.6-1.8 where i can get around 2.2 to 2.3 on bitlc, when i tried full time on your pool, without hopping?

don't tell me "it's the variance"

Its the variance.
for couple of days straight?

Deepbit once went like a week without finding a block.

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February 26, 2012, 05:47:25 PM
 #12

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.
then why my average daily income is 1.6-1.8 where i can get around 2.2 to 2.3 on bitlc, when i tried full time on your pool, without hopping?

don't tell me "it's the variance"

Its the variance.
for couple of days straight?

Deepbit once went like a week without finding a block.

When did this happen? Back in the 80s ?

...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)
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February 26, 2012, 05:49:58 PM
 #13

Bitclockers does its best to protect its users, to protect the pool from hoppers bitclockers uses anti hopper protections to mitigate the hoppers bonuses over other miners in the pool

With the Hopping bonus mitigated Hoppers are paid 100% for the shares they mined. NON-Hoppers are not effected and payouts remain 100% of shares mined.
then why my average daily income is 1.6-1.8 where i can get around 2.2 to 2.3 on bitlc, when i tried full time on your pool, without hopping?

don't tell me "it's the variance"

Its the variance.
for couple of days straight?

Deepbit once went like a week without finding a block.

When did this happen? Back in the 80s ?

LOLZ
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February 26, 2012, 07:25:21 PM
 #14

Well done Organ.   They've dug themselves into a hole here.

Way to Bust 'em...I discourage all miners to stay away from BC so "you need to hide your kids,hide your wife and hide your husband cuz they rapen anybody out here"

http://www.youtube.com/watch?v=EzNhaLUT520


http://www.youtube.com/watch?v=JFWuuP-cyy4

Wink

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February 27, 2012, 12:58:37 AM
 #15

Thanks for the heads up, I had a sneaking suspicion something has been up for the past while. Bitclockers- take some action to rectify this swiftly and immediately. One miners lose faith an trust in your operations it will forever be an uphill battle to regain this trust. I am not 100% sure there is foul play here, but please address the issue for the community.

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February 27, 2012, 02:03:04 AM
 #16

When did this happen? Back in the 80s ?
time travel Shocked

It is pitch black. You are likely to be eaten by a grue.

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February 27, 2012, 01:04:39 PM
 #17

Is there enough evidence to ask for a scammers tag? I have a massive amount of shares that were never paid for:(

How much evidence is required?

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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February 28, 2012, 03:21:33 AM
 #18

Is there enough evidence to ask for a scammers tag? I have a massive amount of shares that were never paid for:(

How much evidence is required?
Overwhelming evidence.

Sorry, guys, but I'm just not seeing it.

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February 28, 2012, 06:55:41 AM
 #19

Is there enough evidence to ask for a scammers tag? I have a massive amount of shares that were never paid for:(

How much evidence is required?
Overwhelming evidence.

Sorry, guys, but I'm just not seeing it.

Probably my fault for not making it easier to follow - sorry.

1. We have overwhelming evidence that they haven't been reporting the shares in a round accurately. Without any explanation from them, this is bad. They could be hiding anything with this, including hiding short rounds.

2. They have stated that they are accurately reporting rounds as they occur. I provide an explanation here as to why this means (if they're being truthful about block reporting) they've probably been underpaying their fulltime miners by 21%.

3. Their first round under 0.3xD in over 300 rounds occurred just after I made their obfuscations public. That is unlikely to be a coincidence.

4. I've asked them several times to publish their accurate round lengths which they haven't done. In fact I haven't had any response to any allegation I've made. I have sound mathematical backing behind all of my statements. I'm overstating nothing, if anything I'm being conservative.

I'm aware that I'm probably not covering something that you need to know, but if you can post or pm me your requirements I'll know whether or not I can fulfill them without wasting any more time for either of us.

I don't mine with bitclockers and I don't have a horse in this race.


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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February 28, 2012, 07:48:18 AM
 #20

I do have a horse and can give personal data.

Do you have timestamped shares and payments? Also did you happen to keep your own log of shares submitted (I'm guessing not but thought I'd ask).

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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