Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01

[DrHaribo]

So Bitminter is FOR segwit. If you stay mining with Bitminter, you are supporting the FOR segwit soft fork. is this correct ?. Is there anything we need to do with the miners software.   Example im running bfgminer 5.4.2 on windows 10. Is there any command switches we need to set to enable the segwit ?.

Our blocks the last few months have voted for segwit.

You don't need to do anything. If you mine at Bitminter then your hashpower is voting to activate segwit.

[1714486814]

1714486814

[in2tactics]

Block! That was good timing by iaresmarted.

[DrHaribo]

My antminer status stated I found 3 blocks in the past 4 days??? Yet nothing shows in bitminter stats???

As far as I know we never had a block submitted that didn't show in stats, in all 6 years of operation. When block data is submitted it is very carefully taken care of by the pool.

I don't think those stats are accurate. On average it takes over 7 years to find a single block with 13 TH/s. You'd have to be very lucky to find 3 blocks in 4 days.

What exactly are the stats showing? Do you have the hashes of the blocks?

[TheMinex]

Hi DrHaribo, mined here by the times and hope to continue to do so 
I must admit I haven't a clear view about hard/soft fork cases, the only thing that gave me some true info was a comparison made by Dr.Luke about segwit on Core VS segwit 2Mb.
I completly agree with bitminter on segwit vote, but what will bitminter do in case of hard/soft fork On what chain we will mine  

[DrHaribo]

If we end up with one Bip148 chain and one Bitmain chain, then I would prefer to mine on the Bip148 chain. Bitmain is planning their own hardfork if bip148 goes into effect, so this could happen.

But it depends on whether both survive. Which one will be called bitcoin? Which one will merchants accept?

[DrHaribo]

Bitminter has now been operational for 6 years! That's like several generations in Bitcoin land.

[TheMinex]

If we end up with one Bip148 chain and one Bitmain chain, then I would prefer to mine on the Bip148 chain. Bitmain is planning their own hardfork if bip148 goes into effect, so this could happen.

But it depends on whether both survive. Which one will be called bitcoin? Which one will merchants accept?

That's all I want to hear  thanks DrHaribo  ( In case of low hashrate on the Bip148 chain I'll be ready to increase X4 my little hashpower )

[Mikestang]

Bitmain is planning their own hardfork if bip148 goes into effect, so this could happen.

This is exactly why I recently pulled all my BTC out of China.

[in2tactics]

Block! It would be awesome if we got another before the end of the month.

[DrHaribo]

As we passed the 6 year mark we also hit 6000 likes on Facebook. Thank you to all who mine with us and support the pool!

[Scythargon]

Hello! I'm very new to mining (also it would be super cool to hear your 6 years long story about it, Doc!:), Just started to mine at BitMinter, and want to ask - how many blocks should be shown as "processes" in my workers's statistics or elsewhere in order for me to see some income in coins?
Thanks!

[DrHaribo]

Hello! I'm very new to mining (also it would be super cool to hear your 6 years long story about it, Doc!:), Just started to mine at BitMinter, and want to ask - how many blocks should be shown as "processes" in my workers's statistics or elsewhere in order for me to see some income in coins?
Thanks!

Welcome to the pool

Your work is registered in shifts. When someone in the pool finds a block the work in the last 10 completed shifts get their share of the coins from that block. You can see the blocks and shifts under the "statistics" menu on bitminter.com

For the current (incomplete) shift see the live stats, also under statistics.

[cenicsoft]

Dr. Haribo, have you switched over to supporting BIP91 and will the pool be ready to support SegWit blocks tomorrow?

[-ck]

Dr. Haribo, have you switched over to supporting BIP91 and will the pool be ready to support SegWit blocks tomorrow?

This pool has been signalling BIP141 segwit for a long time. Even without BIP91 support, since basically 100% of blocks are signalling BIP141 now there is no realistic problem without supporting BIP91.

[DrHaribo]

Yep, supporting BIP91.

[rortan75]

clean thread...

[Odetas]

Welcome to the pool

Your work is registered in shifts. When someone in the pool finds a block the work in the last 10 completed shifts get their share of the coins from that block. You can see the blocks and shifts under the "statistics" menu on bitminter.com

For the current (incomplete) shift see the live stats, also under statistics.

Hey Doc, it seems like it takes an awful lot of faith to get started in the pool.  I learned that your individual stats don't actually show anything until the shift you participate in is completed past 100%.  So, if it takes more than 10 shifts to find a block , does someone doing work in the 11th shift not get any payout for work? And judging by this date, no one in the pool has found a block since 6/27, right?  Thanks in advance.

[DrHaribo]

Hey Doc, it seems like it takes an awful lot of faith to get started in the pool.  I learned that your individual stats don't actually show anything until the shift you participate in is completed past 100%.  So, if it takes more than 10 shifts to find a block , does someone doing work in the 11th shift not get any payout for work? And judging by this date, no one in the pool has found a block since 6/27, right?  Thanks in advance.

To see your work in the current incomplete shift, look at the livestats at https://bitminter.com/livestats/big
Your work in completed shifts: https://bitminter.com/shifts
Your work for all time (or since stat reset) is at https://bitminter.com/members/workers

Yeah, when a block is found the last 10 completed shifts get paid. This means the same work can be paid multiple times when we find blocks quickly or some work can get no work when it takes a long time to find a block. So good luck results in high pay and bad luck results in low pay.

Yeah, the last block was 6/27. It's taking a while to find blocks at this difficulty.

[Odetas]

Doc- I hope I wasn't coming across negative or bitter, I like the pool and I like the "gambling" aspect if you will.  It would be great to see that on an FAQ of sorts, just the basics for newbies.  I don't know if people drop off after just a day or two because they don't know these fine details.  Some sort of anticipated pay metric would be great to know, so we can calculate what we "could" earn.  I'm over a week out so far and don't have a clue what my potential earning might be.  I calculated using th/s but I don't know if I'm even in the ballpark.

[DrHaribo]

No problem. Yeah, I should think of some good ways to visualize what's going on even when blocks are not found for a while.

You can estimate your average earnings with a bitcoin mining calculator (google for one). That's the average earnings though. Earnings are as you say affected by luck.