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Author Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01  (Read 323923 times)
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DrHaribo
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March 13, 2018, 01:41:50 PM
 #1561

Hey Doc!

I just noticed that the Shifts page is reflecting the last shift that fell off is a 0 pay when we know that a block was discovered during the shift. Just wanted to bring it to your attention in case for whatever reason the shifts page is getting a little more screwy on you than the usual.

Damnit! I think I broke it. I'll have another look at it.

Thanks for letting me know Smiley

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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JoseR
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March 15, 2018, 03:52:43 PM
 #1562

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC    


On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
 Shocked Shocked Huh Huh
rifleman74
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March 15, 2018, 05:26:42 PM
 #1563

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC    


On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
 Shocked Shocked Huh Huh

all depends on how many blocks you find in that period of time.  Pretty simple concept!
bigolin
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March 15, 2018, 07:30:10 PM
 #1564

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC    


On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
 Shocked Shocked Huh Huh

It all comes down to how many blocks were found during your "Shifts". As shifts fall off without finding a block (which happens to many shifts during a nasty 97% CDF block like the last one) those shifts do not receive pay since no blocks were discovered. With this pool, only the last 10 shifts are paid when a block is found. For example, in December, during that block the total TH/s was 2.7 Ph, while in the most recent the total TH/s was almost 8 Ph. This means that the % of shares per shift was significantly smaller unless you also increased your hash rate during the jump. As of now the current hash rate of the pool is hovering around 4.5 Ph/s. We lost a lot of hash rate after that last block so shifts will take longer to complete, but at the same time, your percentage of submitted shares will rise and the amount you are paid will theoretically be higher than it was when there were many more miners and a higher pool hash rate.

The only way you can expect the same pay on two blocks would be for the pool hash rate to stay the same, and for the block reward to be around the same size. I'm sure in December there were a lot more Transaction fees than there are currently which is a small factor in differing pays.
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March 16, 2018, 08:42:21 AM
 #1565

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC    


On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
 Shocked Shocked Huh Huh

It all comes down to how many blocks were found during your "Shifts". As shifts fall off without finding a block (which happens to many shifts during a nasty 97% CDF block like the last one) those shifts do not receive pay since no blocks were discovered. With this pool, only the last 10 shifts are paid when a block is found. For example, in December, during that block the total TH/s was 2.7 Ph, while in the most recent the total TH/s was almost 8 Ph. This means that the % of shares per shift was significantly smaller unless you also increased your hash rate during the jump. As of now the current hash rate of the pool is hovering around 4.5 Ph/s. We lost a lot of hash rate after that last block so shifts will take longer to complete, but at the same time, your percentage of submitted shares will rise and the amount you are paid will theoretically be higher than it was when there were many more miners and a higher pool hash rate.

The only way you can expect the same pay on two blocks would be for the pool hash rate to stay the same, and for the block reward to be around the same size. I'm sure in December there were a lot more Transaction fees than there are currently which is a small factor in differing pays.

Thanks for the explanation! Wink
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March 25, 2018, 05:46:15 PM
 #1566

is there a way to get gridseed gc3355 to work with bitminter
DrHaribo
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March 25, 2018, 05:59:39 PM
 #1567

is there a way to get gridseed gc3355 to work with bitminter

It's not supported by Bitminter client. But you can use it at the Bitminter mining pool the same way you use it at any other pool. Probably with cgminer or bfgminer?

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March 25, 2018, 06:01:56 PM
 #1568

k thank you
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March 25, 2018, 07:12:03 PM
Merited by TheQuin (1)
 #1569

Bitminter now supports Bech32 addresses. So you can cash out to native segwit addresses - those are the addresses starting with "bc1" as specified by BIP-173.

Note that many services don't support Bech32 yet. It's especially annoying that some block explorers don't appear to be able to look them up yet. But I'm sure this will change soon.

If you are using Bitcoin Core then you need to upgrade to version 0.16.0 to get Bech32 support.

More about Bech32:

https://github.com/bitcoin/bips/blob/master/bip-0173.mediawiki
https://en.bitcoin.it/wiki/Bech32_adoption

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bigolin
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March 25, 2018, 08:26:26 PM
 #1570

Bitminter now supports Bech32 addresses. So you can cash out to native segwit addresses - those are the addresses starting with "bc1" as specified by BIP-173.

Note that many services don't support Bech32 yet. It's especially annoying that some block explorers don't appear to be able to look them up yet. But I'm sure this will change soon.

If you are using Bitcoin Core then you need to upgrade to version 0.16.0 to get Bech32 support.

More about Bech32:

https://github.com/bitcoin/bips/blob/master/bip-0173.mediawiki
https://en.bitcoin.it/wiki/Bech32_adoption


Thanks for keeping us in the loop.
How is the notification issue coming? Any chance we may see that soon? I noticed there is already an "email" setting under our account overview and figured it could be as simple as the option being a toggle for "Receive notifications on block". Just checking in and looking forward to the progress!
DrHaribo
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March 25, 2018, 09:04:27 PM
Merited by Last of the V8s (1)
 #1571

Thanks for keeping us in the loop.
How is the notification issue coming? Any chance we may see that soon? I noticed there is already an "email" setting under our account overview and figured it could be as simple as the option being a toggle for "Receive notifications on block". Just checking in and looking forward to the progress!

I'm not working on more notifications yet.

But what I'd like to do is make a separate page with email preferences where you can choose what types of email you want to receive, and then add several new types of notifications.

One issue with sending more emails is that users of Microsoft email services (msn.com, outlook.com, hotmail.com, live.com) frequently report them as spam. They type in their email address when they create their account. Then they receive the email confirmation message and immeditaly report it as spam. This has gotten Bitminter banned from delivering email to these Microsoft services several times already.

Maybe all the toggles can default to off for Microsoft users. Tongue

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DrHaribo
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April 02, 2018, 01:02:00 PM
 #1572

BCH (bitcoin cash) has been credited to accounts equal to their balance of BTC at the time of the fork (2017.08.01)

You can cash out your BCH using "my account" -> "send coins" in the website menu. First click "BCH" on that page. You will need to use a CashAddr style address. If your BCH wallet does not support CashAddr then you can use the address converter at https://cashaddr.bitcoincash.org/ - but note: DO NOT put a bitcoin address into this calculator. It is for BCH addresses from BCH wallets that do not support the new CashAddr addresses yet.

What is bitcoin cash?

Bitcoin cash (BCH) is a fork of Bitcoin (BTC). You can read more about it at https://bitcoincash.org/
It shares a transaction history with bitcoin up to the time of the fork. If a wallet had a bitcoin balance at the time of the fork then it is possible to unlock the same amount on the bitcoin cash blockchain. For every BTC prior to the fork there now exists a BCH.

Does this mean Bitminter will support all other forks?

No. Cash out your BTC to a wallet where you control the private keys, then you can take part in the forks you want. Always cash out. Take control of your coins.

Are we mining BCH now?

No. We are currently only mining BTC, plus NMC through merged mining with BTC.

It says my address is not a valid BCH address?

If you are trying to send BCH to a BTC wallet, stop immediately and get a BCH wallet you can send the coins to.

If you are using a BCH wallet that only supports legacy addresses, use the converter at https://cashaddr.bitcoincash.org/ to get a CashAddr type address.

If you are using a multi-currency wallet or online service that supports multiple currencies, make sure you are sending to a BCH address. Use the converter if necessary, but double check that you have picked a BCH address, not a BTC address.

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Mikestang
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April 02, 2018, 05:18:35 PM
 #1573

One of these days I'll figure out how to cash in my pre-fork coins to BCH, but for now I'm still to nervous to mess around with it.  Nice to know that when I do, I'll have a little more to xfer over from Bitminter.  Thanks!
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April 02, 2018, 09:56:37 PM
 #1574

Can someone please explain why a minter like Homejoin with 10000ths would jump in and out of the pool from day to day. His 10 day running average wouldn't seem to make it worth while.
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April 03, 2018, 03:23:04 AM
 #1575

OpenID Failure: 0x704: I/O transport error: Connect to openid.aol.com:80 timed out

huh??

njmnokc s/n on pool
DrHaribo
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April 03, 2018, 10:05:59 AM
 #1576

OpenID Failure: 0x704: I/O transport error: Connect to openid.aol.com:80 timed out

huh??

njmnokc s/n on pool

Looks like a repeat of a couple weeks back. AOL's OpenID server having intermittent issues.

If you would like a different type of login added to your account, contact support@bitminter.com

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superchargingmachine
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April 03, 2018, 10:29:04 AM
 #1577

To make it easier to empty out your balance with "send coins", it now displays the max you can send. Click the "use" button to use the max amount.

Can someone please explain why a minter like Homejoin with 10000ths would jump in and out of the pool from day to day. His 10 day running average wouldn't seem to make it worth while.

That's probably rentals.

So regular minters will rent time trying to finish the block more quickly? I didn't know people did that. Thanks
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April 03, 2018, 02:59:38 PM
 #1578

OpenID Failure: 0x704: I/O transport error: Connect to openid.aol.com:80 timed out

huh??

njmnokc s/n on pool

Looks like a repeat of a couple weeks back. AOL's OpenID server having intermittent issues.

If you would like a different type of login added to your account, contact support@bitminter.com


Seems to be working now, and thank you for your insight and offer to change.
Happened to me once b4.
If this becomes too common, may take you up on your suggestion to change.
Again, Thank You, DrHaribo.
superchargingmachine
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April 08, 2018, 01:04:48 PM
 #1579

OpenID Failure: 0x704: I/O transport error: Connect to openid.aol.com:80 timed out

huh??

njmnokc s/n on pool

Looks like a repeat of a couple weeks back. AOL's OpenID server having intermittent issues.

If you would like a different type of login added to your account, contact support@bitminter.com


Seems to be working now, and thank you for your insight and offer to change.
Happened to me once b4.
If this becomes too common, may take you up on your suggestion to change.
Again, Thank You, DrHaribo.

I used my Yahoo account and periodically I have trouble logging in due to Open ID failures. It always corrects itself within a couple days.
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April 11, 2018, 06:05:46 PM
 #1580

Good to see the hash rate of the pool up so high, almost 6000Th when I looked a second ago!
However made my excitement at regularly being in the Top 20 when I got my second miner very short-lived! :-D
Hope Cryptokeeper is wearing ear-muffs being surrounded by all those miners.

Hehe I was indeed Cheesy

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