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

[styleruk]

Well I never thought I would see the pool this low, but still I bet there a block on the horizon soon. I can feel it 

COME ON BLOCK!!!!!!!

I get worried when I reach near the top 50!

[HerbPean]

Guys,

I have mine here for like 2 years and always kept going going whatever luck we had during that time.

I feel the pain.

I wish you guys a green horizon !

Mine on

EDIT: You guys still have Fefox ! probably the oldest account in the top 50

[gt_addict]

Yea FedEx and thinker are still here, 5th 6th and chi264 have gone though.

I'm staying positive though my share has increased so when a block does turn up I'll be better off 

[th1nk3rs]

Well I thought it was time to register and say hello rather than banging my head on the wall watching the block.

I'm sticking with the pool regardless as it's always done me right and in the process of changing all the old SP35s over to the S9s so I should kick in around 2000 TH/s in the next month or so depending on when the batch is delivered to Iceland.

Hope everyone else sticks with it for as long as they can.

Cheers

[styleruk]

Hat's off to you mate, well done.
I'm splitting mine for a bit, so bored of no activity.  I quite enjoy watching the pennies roll in, but I know it'll be a bigger one because of all the leavers.

[jlrx81]

I have been mining with bitmain for a little while now after a false start during the gpu mining craze, and I have pretty much reinvested everything in more miners, going from a used S4 to several S7's and S9.

I have never seen anything like this and it is frustrating this time of year, as it is my games fund lol.

How long can this really go on, and is it not possible (just out of curiosity here) to simply abandon the block and hope for greener pastures?

It is crazy that I am currently so high on the list.

[jonnybravo0311]

No, there is no abandoning a block.  The pool is constantly creating new block templates based upon the currently unconfirmed transactions it wishes to include into a block.  The pool then appropriates work to miners, and each miner attempts to find a hash that will successfully meet the requirements and solve the block.

[DrHaribo]

About abandoning the block, many have suggested this, but this is already what we do. Every hash is already a different block. We are trying billions upon billions of different blocks per second. If we kept hashing the same block then nothing would happen. We abandon every block after just a single try. But it can take many attempts before we find a valid one.

Thanks th1nk3rs! If we can finally find the next block and get some more hashrate in then we get things going again.

[gt_addict]

Well I thought it was time to register and say hello rather than banging my head on the wall watching the block.

I'm sticking with the pool regardless as it's always done me right and in the process of changing all the old SP35s over to the S9s so I should kick in around 2000 TH/s in the next month or so depending on when the batch is delivered to Iceland.

Hope everyone else sticks with it for as long as they can.

Cheers

Well it's nice to finally see an elusive bitminter member

We will do it soon I can feel it in my creaky old bones.

[Mikestang]

If it ever cools down in southern California (was 95*F yesterday...) I'll turn my A6 back on and point it here.  Reminds me I do need to update my payout address, though.  

For the time being my 65GH pointed here ain't going nowhere tho, haha.

[DrHaribo]

For the time being my 65GH pointed here ain't going nowhere tho, haha.

Who knows, sometimes some of the smallest miners would win when we had mint races

[pondule]

I can't help thinking that something may be configured wrong, we've only had one green namecoin in the last month with 8 reds and 9 blacks over the same period. Aren't we meant to get 33% of each colour on average?

[bitwitt]

For the time being my 65GH pointed here ain't going nowhere tho, haha.

Who knows, sometimes some of the smallest miners would win when we had mint races

You still have no clue. I warned you 20 months ago that your pool was dying. I offered to donate money and gave you some NMC. You started a new forum and hide all the old post.
Nice to see you fail.
Why is it you you don't care? I feel bad for the people that have drank your kool-aid.
why don't you just close the pool?
Last time i offered to send you BTC you changed the forum so no one would see the posts?
   GO MINE @ Kano pool

[gt_addict]

For the time being my 65GH pointed here ain't going nowhere tho, haha.

Who knows, sometimes some of the smallest miners would win when we had mint races

You still have no clue. I warned you 20 months ago that your pool was dying. I offered to donate money and gave you some NMC. You started a new forum and hide all the old post.
Nice to see you fail.
Why is it you you don't care? I feel bad for the people that have drank your kool-aid.
why don't you just close the pool?
Last time i offered to send you BTC you changed the forum so no one would see the posts?
   GO MINE @ Kano pool

Who stole the jam out of your donut?  

What has the Dr got to gain by NOT configuring the pool properly or by hiding your posts? He's doing this for the community so we have options on who to mine with. It would be a very boring and unprofitable world (for smaller miners) if everyone went on Kano.

The fact that he didn't accept any btc from you speaks volumes as why would someone put themselves into debt with a person like you when there is no need to. Dr can't magic a block out of thin air it's all to do with luck, Kano has 30x more hashpower than here so 30x more chances or hitting a block. But you get smaller rewards for it.  The stupid thing is people leaving reduces our chances.

Anyway I've had my early morning rant now. I've been mining here since I started with a couple of USB sticks and the Bitminter Client almost a year ago and I won't be going anywhere.

NOW LETS GET THAT DAMN BLOCK SOLVED!!!! I'll even wear some green clothes today lol

[DrHaribo]

You still have no clue. I warned you 20 months ago that your pool was dying. I offered to donate money and gave you some NMC. You started a new forum and hide all the old post.
Nice to see you fail.

I'm sorry to hear you are so unhappy with the pool that you want it to die.

I did run some ads back then, as was suggested, but this is not easy to turn around with ads.

Last time i offered to send you BTC you changed the forum so no one would see the posts?

The old Bitminter thread is still there. You can look it up and read all the posts if you want. Here is why a new (self-moderated) Bitminter thread was started:

In the old thread people were spamming misinformation and refusing to stop. It was an open thread where I had no power to delete posts and control the madness. I asked admins if they could make it self-moderated so I could stop these things repeatedly derailing the thread. They said they can't change an existing thread, I have to start a new one. So I did.

One issue was some people kept harassing new miners in the pool, keeping it from growing. If a new miner had less than average luck the first few days, the accusations of block withholding got completely out of control. This made it difficult to get more hashrate in the pool. Who wants to join a pool where people harass and hate on newcomers? I should add that most Bitminter users are nice and helpful people. It was just a couple that had gotten very scared of block withholding after it happened at BTCGuild and Eligius - a big miner there had made their own mining client with a bug that caused the block withholding.

Another thing that kept happening was people who were insisting they could earn above average from pool hopping the pool-hop safe mining pools. Instead of math, like pool hoppers used in the olden days, these guys insisted they could predict the future. At times people who believed such superstition would take over the thread and make it hard to discuss other things. I also felt obligated to keep correcting them so newcomers don't get tricked into believing yesterday's luck can be used to predict today's luck.

You are the first to complain about the switch from the old spammy thread to the new thread where I delete the worst garbage. Among the earliest messages in this thread you can see positive feedback from people who were tired of what the old thread was becoming.

[DrHaribo]

Why is it you you don't care? I feel bad for the people that have drank your kool-aid.

Of course I care. I built everything alone from scratch, including all the software. I've been working on the pool for over five and a half years now. I worked extremely hard the first two years, where I barely did much else, apart from working a different full-time job. I still work on the pool, and a loud alarm, WWII air raid siren style, still wakes me up in the night if there is an issue with any of the servers. The alarm is always on and my laptop is always within reach. I do what I can to ensure our mining never stops. But I do sleep more and work less than before. I was burning out and it was not possible to continue like that.

Here is what remains of the old (2010-2011) pools:

Slush: 124 PH/s - the one that invented mining pools
Eligius: 2.25 PH/s - the one that wanted to pay you directly instead of going through a pool wallet
P2pool: 1.7 PH/s - the one that wanted to decentralize the pool
Bitminter: 1.4 PH/s - the one that wanted to make mining accessible to everyone, with a GUI
(Bitminter had 2.7 PH/s before this unlucky round)

Yes, at this point it looks like the three smallest are dying and there will be only Slush left. So you can think that these other three must really suck and those pool operators don't give a damn. There is a survivor bias here. You think a survivor who is not doing so good sucks, because you have completely forgotten the dead.

So many pools started in 2011. So many pools have come and gone from 2010 till today. Most you probably never heard of. Some I can't remember anymore. What was the name of that Swedish one? I think it was the first to add IPv6 support. I just can't remember its name. It feels like a hundred years ago. All those pools I worked so hard to be able to compete with. I thought some of them would just crush me. All those old battles. All forgotten now.

Some pools just suddenly disappeared. Some are still listed in the bitcoin wiki although their websites have been down for months. Those are the pool operators that didn't care. And I can understand that after they put a lot of effort into their pool and it still died, they don't want to put any more effort into it. But they should leave a short goodbye notice and give people a little time to cash out their coins before shutting the servers down. That's a minimum obligation you have when you run a pool.

Unlike most pools, Bitminter didn't die yet. Because I do care. And because the miners care, some who have been here for years, and a few even all the way back to the beginning.

But yes, it looks grim. We have never before had this combination of extremely low hashpower and extremely bad luck at the same time. The result is that we lost half our hashpower in a month.

[wmabern]

Doc, It makes me sad to read your post. Bitminter was the first pool I joined when I first started mining this past February. I started with an S7, then added another and then another for a total of three S7's. I did rent a lot of hash from NH/WH while I was here.
Unfortunately, I couldn't afford to stay here and I moved to Kano. I started there with the S7's and then moved on to the S9's - around a batch 4 or 5 S9. Now I have four S9's and am still on Kano.
With my electric costs, I couldn't justify or afford to stay here and mine any longer. It was just a major money-losing endeavor and I was in it for the money, to help with the bills, not as a hobby.

I wish I could throw 10 or 15PH at your pool. But I only have  ~ 50TH of my own hardware. I don't rent anymore. I enjoyed my time here, but just couldn't take the endless empty shifts.
Good luck and best wishes. I hope somehow something good comes to fruition for you folks . Meanwhile I'm making a little profit over my electric costs which is the only way I'm able to proceed. The mining profit helps with the bills each month otherwise I would be paycheck-to-paycheck. We (on Kano) have our ups and downs, but still managing to average around 3 blocks a day. We just hit our first block for the mining day as I was typing this. I am in no way saying or implying anything bad about Bitminter. I wish you folks only the best. Hoping you get a nice, big, fat, juicy BLOCK very soon!  

Best wishes and take care!!!!!!!!

~whirledps

EDIT: I just logged into my account on Bitminter. I know it's probably meaningless, but I still have some Namecoins in my account. The pool is welcome to have them and spread them around. Like I said, it's just under 3 coins, so probably worth very little. But ya'll are welcome to have them! If I have to do something to make them a donation, please let me know.
Happy Veterans day! 

[jbak1972]

Trying a little boost.  You never know.  

http://rig.rent/rigs/25449
http://rig.rent/rigs/25525

I've got the first one for 5 hours and the second one for 6 hours.  That drains my funds completely.  I hope it freaking works.

[gt_addict]

Trying a little boost.  You never know.  

http://rig.rent/rigs/25449
http://rig.rent/rigs/25525

I've got the first one for 5 hours and the second one for 6 hours.  That drains my funds completely.  I hope it freaking works.

If I had any decent amount of btc left (just bought my first decent miner S9) then id do the same. Good luck!!!!!!

[PsychoticBoy]

Thumbs up Dr Haribo

I have supported this pool from the beginning and it is one of the most reliable pool OP's EVER.



Keep up the good work doc.

Cheers,
PB