bigolin
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Activity: 136
Merit: 2
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March 08, 2018, 09:59:50 PM |
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Just cause it says newbie here doesn't mean I'm a newbie to mining or to the pool.
I honestly never noticed your badge and never really take it into consideration. People learn things all the time whether they are newbies or not. My next response was going to be that the only way to spread the Tx fees to everyone over time would be to take it away from the ones that rightly earned it by mining it. Luckily everyone was quick to jump in and help clear up a misunderstanding and spread some more knowledge. Newb or not, I'm glad you are here, glad you are mining with us, and glad you learned something that will hopefully help you down the road some. I still learn all the time and I have been in it for a bit as well. When I've been in it so long I can't learn anything new, then I probably won't be interested in it anymore! |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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tkalfaoglu
Newbie
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Activity: 25
Merit: 0
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March 09, 2018, 01:42:29 PM |
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I noticed no new coins in 2018 altogether. Is this pool still alive?
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TheQuin
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March 09, 2018, 01:46:56 PM
Last edit: March 09, 2018, 02:37:59 PM by TheQuin |
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I noticed no new coins in 2018 altogether. Is this pool still alive?
Maybe try reading back the last few pages of the thread? I'm pretty sure if the pool was dead someone would have mentioned it. You might also learn some interesting things about mining. |
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johnPalli
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March 09, 2018, 03:58:41 PM |
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I noticed no new coins in 2018 altogether. Is this pool still alive?
Maybe try reading back the last few pages of the thread? I'm pretty sure if the pool was dead someone would have mentioned it. You might also learn some interesting things about mining. This felt salty but funny at the same time. Deserved I guess, not the “lucky” moment for certain statements. |
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TheQuin
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March 09, 2018, 04:09:46 PM |
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I noticed no new coins in 2018 altogether. Is this pool still alive?
Maybe try reading back the last few pages of the thread? I'm pretty sure if the pool was dead someone would have mentioned it. You might also learn some interesting things about mining. This felt salty but funny at the same time. Deserved I guess, not the “lucky” moment for certain statements. I haven't mined for a long time but this thread still shows up in my unread replies. It brings back painful memories of what a run of bad luck feels like. I also find it a bit baffling that people can invest in mining without first fully understanding how it works..... and don't get me starting on people not reading just a tiny bit before posting. |
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Haterson915
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Activity: 6
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March 09, 2018, 05:22:25 PM |
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Our amount of work since the last block is over 10.6 trillion. That's more than 3x the difficulty and is certainly bad luck. This is fairly rare.
The worst block we've had took an amount of work that was 11x the difficulty. This is the awful block of which we do not speak. Except I just did. Thankfully something like that is extremely rare.
Thanks for the informative response and the honesty. For some reason hearing about that awful 11x block actually makes me feel better!!?! I can't say that because I wasn't in the pool for that block. I have a tendency to personify inanimate objects that are relevant to my life, like cars, computers, television sets... We have nicknamed our Miner "Peggy." I find myself almost daily screaming "Peggy, you stupid, lazy &!+¢#, find me some money!!!" It is both futile and cathartic. Regardless, we are still hanging in there! I hope everyone who is reading this (and your stupid, lazy machines) all hang in there with us too! Cheers! |
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DrHaribo (OP)
Legendary
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Activity: 2730
Merit: 1034
Needs more jiggawatts
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March 09, 2018, 07:14:32 PM |
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I find myself almost daily screaming "Peggy, you stupid, lazy &!+¢#, find me some money!!!"
Some miners used to wear lucky underwear. Perhaps what you are doing will work better to improve our luck.  |
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baldhead94
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Activity: 7
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March 10, 2018, 07:35:58 AM |
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facing eternity, mining in a medium or big pool would be exactly the same - even if you try solo mining.
but an human being so far isn't eternal and could be unlucky his life long :-)
except for the horrible one we shouldn't mention an x4 or a x5 block can occur frome time to time, the pool has just to gather enough hashing power to reduce interval without finding block for exemple once a month.
its on a good way, I've just seen 55Ph, can a mathematician draw something about it ?
And many thanks Doc for this pool !
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tredos1
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March 10, 2018, 05:31:51 PM |
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Hi again,
Thanks Dr. Haribo for clearing up my understanding of how the fees work, it makes a lot more sense to me now. To further display my ignorance, how will it work for fees when we reach the end state of all the coins being found? I assume the idea would be for bitcoin to remain a viable currency at that point? At least that's what the founder must have had in mind. Given that, was the idea that everyone would just provide hashpower for free in order to participate in the community of bitcoin when there were no more coins to be mined? Sorry if that's a stupid question.
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DrHaribo (OP)
Legendary
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Activity: 2730
Merit: 1034
Needs more jiggawatts
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March 10, 2018, 11:51:28 PM |
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Thanks Dr. Haribo for clearing up my understanding of how the fees work, it makes a lot more sense to me now. To further display my ignorance, how will it work for fees when we reach the end state of all the coins being found? I assume the idea would be for bitcoin to remain a viable currency at that point? At least that's what the founder must have had in mind. Given that, was the idea that everyone would just provide hashpower for free in order to participate in the community of bitcoin when there were no more coins to be mined? Sorry if that's a stupid question.
Yeah, at that point you mine for fees. Today you earn new coins + transaction fees. Once all coins have been created, the "new coins" will be zero. So transaction fees are then 100% of your earnings from mining. |
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longman77
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March 11, 2018, 12:22:49 AM |
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41 Thps -- Wow
What does one have to yield that kinda of hash power?
Almost 3000 S9's??? and a small nuclear power plant to power them??
or is there some type of hardware that can scale up to those levels without 3000+ machines?
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bigolin
Jr. Member
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Activity: 136
Merit: 2
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March 11, 2018, 04:22:16 AM |
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Doc,
I've been meaning to ask and thought this might be the easiest method of discussion. Is there any possibility for a notification system or an app that would alert when a block is found? I discovered that you were utilizing the Yo App for a while and I have sent multiple Yo's but never receive one when a block is discovered. Are there any plans to implement some type of a notification system on the accounts? That would be the most simple method I would assume since we are registering accounts via email address. Just a thought. I know I would personally love this, even if it required a donation and was considered a perk.
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DrHaribo (OP)
Legendary
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Activity: 2730
Merit: 1034
Needs more jiggawatts
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March 11, 2018, 09:13:27 AM |
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Yeah, I should probably add notifications by email. Currently there is the Yo thing, and also notifications in the chat.
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LevinSwe
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March 11, 2018, 09:28:39 AM |
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Hi, longman77, I think it's rented hashes, someone rented SHA256 at nicehash with a 50PH limit for some days ago. |
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bigolin
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Activity: 136
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March 11, 2018, 06:06:32 PM |
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Yeah, I should probably add notifications by email. Currently there is the Yo thing, and also notifications in the chat.
Awesome. Let me know if I can do anything to assist. I'm down for some testing on notifications. |
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Mikestang
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Activity: 1274
Merit: 1000
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March 12, 2018, 05:13:45 PM |
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Hey, look at that, we got a block and I didn't even notice.  |
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bigolin
Jr. Member
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Activity: 136
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March 12, 2018, 11:36:24 PM |
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Hey, look at that, we got a block and I didn't even notice. Hence the need for those notifications! Hopefully those bad boys will be up and running by the next block. Come on Doc! You can do it! |
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bigolin
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Activity: 136
Merit: 2
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March 13, 2018, 01:17:06 PM |
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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.
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DrHaribo (OP)
Legendary
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Activity: 2730
Merit: 1034
Needs more jiggawatts
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March 13, 2018, 01:41:50 PM |
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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 |
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JoseR
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March 15, 2018, 03:52:43 PM |
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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??   |
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