citronick
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Activity: 1834
Merit: 1080
---- winter*juvia -----
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October 20, 2016, 12:14:13 PM |
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... and another by bery89 ... hopefully a few more because Oct may not reach 100 blocks Doesn't matter if it reaches 1000 - all that matters is the PPS % - as long as we're averaging a block or more a day, the variance should be OK. The higher the PPS % is the better of course yeah - understood - but I miss those block parties...
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If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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-EOS-
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October 20, 2016, 12:55:10 PM |
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I looked at expected blocks for October and I thought it was 48 yesterday, today it has changed upwards, what causes that to happen? Change in hashrate?
I think we had found 48 blocks as of yesterday, then the 2 today equal 50.
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clgrissom3
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Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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October 20, 2016, 01:27:19 PM |
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I looked at expected blocks for October and I thought it was 48 yesterday, today it has changed upwards, what causes that to happen? Change in hashrate?
I think we had found 48 blocks as of yesterday, then the 2 today equal 50. I think he was talking about the calculated number of expected blocks. It's good to wake up to see 2 blocks this morning! That monster block was getting annoying!
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kano (OP)
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Activity: 4480
Merit: 1800
Linux since 1997 RedHat 4
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October 20, 2016, 01:33:19 PM |
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I looked at expected blocks for October and I thought it was 48 yesterday, today it has changed upwards, what causes that to happen? Change in hashrate?
400% of shares expects 4 blocks - so although we only found 1 during that 400%, the expected (average) was 4
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ZACHM
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October 20, 2016, 03:25:21 PM |
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Now that one is in the past. Who want to kick in the afterburners and start knocking some out for Block Friday! It starts in about 7.5 hours! I'm going to eat chicken for lunch.
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firetreeactual
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Activity: 952
Merit: 1003
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October 20, 2016, 04:58:43 PM Last edit: October 21, 2016, 02:58:09 AM by firetreeactual |
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...to the rescue!...EDIT: Just finished replacing the power brake booster in the truck...just what a 68-yr old gal ought to be doing...not...I sorta kinda feel like the south end of that northbound chicken above. EDIT2: ...and, oh yeah, to keep it OT...be it known that BTC paid for all the parts and supplies. A major reason I mine. I mine here 'cuz my goal is long-term stability, and not who (read as pools) hit the most blocks last month. This is the place.
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To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
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Newko
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October 21, 2016, 10:24:25 AM |
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Geez! When is this bad luck gonna stop? So much red! I knew I should've made chicken tacos last night instead of beef - dang! Nothing to do but keep mining on.
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Newko
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October 21, 2016, 10:30:59 AM |
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[CLIP] EDIT: Just finished replacing the power brake booster in the truck...just what a 68-yr old gal ought to be doing...not...I sorta kinda feel like the south end of that northbound chicken above. My word! There ain't nothing you can't do, is there? You're amazing Now let's beat the heck out of this stubborn block so it feels like the south end of that northbound chicken!
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Newko
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October 21, 2016, 11:52:56 AM |
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Block! Finally cracked that bad boy! [EDIT] Thank you Idaan.z19 !
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clgrissom3
Legendary
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Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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October 21, 2016, 11:55:20 AM |
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Block! Finally cracked that bad boy! [EDIT] Thank you Idaan.z19 !
Okay, let's get Block Friday rolling! We are due!
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PantminerS7
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October 21, 2016, 12:38:43 PM |
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Restart completed, no problems (and no miners affected) Restart was from 11:30:42 UTC to 11:39:52 (just over 9 minutes) [/quote] Kano, We need to get some of our heavy hitters back. Have you thought of emailing the people who dropped off and letting them know what happened over the past few weeks and that we are back on track? [/quote] [/quote] We're all personally going to earn the same anyway. The only difference is that there would be more blocks with more hashpower. However, more hashpower also means that the block rewards have to be shared among more users, meaning you would earn more or less the same either way.
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kspare
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Activity: 38
Merit: 0
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October 21, 2016, 12:46:10 PM |
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not necessarily, this is a numbers game, the more players you have at the table, the better the odds of finding a block. If what you were saying were true it would make just as much sense to just mine solo vs mining here.
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philipma1957
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Activity: 4116
Merit: 7824
'The right to privacy matters'
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October 21, 2016, 02:24:38 PM |
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not necessarily, this is a numbers game, the more players you have at the table, the better the odds of finding a block. If what you were saying were true it would make just as much sense to just mine solo vs mining here.
Not really. 30ph should earn 29.18 btc a day or 2.3344 blocks a day. My 24th should earn .02335 btc a day or 0.001868 blocks a day that means if I solo mine it takes about 535 days to hit a block. Big pools of 10% have less variance. Little pools of 1% have more variance. If all my wishes came true kano would be 8% of the network and have 107% lifetime luck. We are now at 1.7% of the network with 103.75% lifetime luck.
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PantminerS7
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October 21, 2016, 02:53:21 PM |
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not necessarily, this is a numbers game, the more players you have at the table, the better the odds of finding a block. If what you were saying were true it would make just as much sense to just mine solo vs mining here.
Well, yeah it does make sens to solo mine. The only problem is that it may take several years to find a block, which is why people join pools. Your XYZ H/s will make the same either way (,assuming it runs for a long enough time span,) unless you're really lucky or you join a pool that's really lucky. Let's take Phillipma's numbers He could either mine a kano or solo mine for 535 days: Mining at kano = ~.02335/day
535*0.2335=12.4995
Solo mining a block = ~535 days
One block being ~12.5
In other words, he's expected to earn the same either way.
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VRobb
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October 21, 2016, 03:11:30 PM |
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Block! Let's keep Block Friday rolling!
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I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70 Pushing a whopping 1/5 PH! Oh The SPEED!!!
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d57heinz
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Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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October 21, 2016, 03:14:26 PM |
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not necessarily, this is a numbers game, the more players you have at the table, the better the odds of finding a block. If what you were saying were true it would make just as much sense to just mine solo vs mining here.
Not really. 30ph should earn 29.18 btc a day or 2.3344 blocks a day. My 24th should earn .02335 btc a day or 0.001868 blocks a day that means if I solo mine it takes about 535 days to hit a block. Big pools of 10% have less variance. Little pools of 1% have more variance. If all my wishes came true kano would be 8% of the network and have 107% lifetime luck. We are now at 1.7% of the network with 103.75% lifetime luck. Here's how I see it. yea you could solo mine by yourself with 24ths. And prolly you won't hit a block for the whole period. Hell with bad luck it could take twenty years to find one solo. 10x diff is about as high as I've personally witnessed variance to reach. Now here is where luck and statistics play in. If we take that same 24 ths which is prolly two workers being s9s. If I point those to solock and it has only 1200 workers then my worker has a 1/600 chance of being the worker that is served the proper work for returning back the block that ck finds. Yes ck doesn't find as many blocks but being as I have 5 workers out of 1200 or so workers then I have roughly a 1/300 chance of being the one that pops the block for the pool. And I have those odds each and every block ck solo finds. Then when you factor in that you get full reward! I for one am glad I went solo I popped two blocks with 34 the in less than two months at current diff. So it's possible and once you do it makes it hard to go back to a pool. Best Regards d57heinz
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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philipma1957
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Activity: 4116
Merit: 7824
'The right to privacy matters'
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October 21, 2016, 03:25:11 PM Last edit: October 21, 2016, 05:43:04 PM by philipma1957 |
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not necessarily, this is a numbers game, the more players you have at the table, the better the odds of finding a block. If what you were saying were true it would make just as much sense to just mine solo vs mining here.
Not really. 30ph should earn 29.18 btc a day or 2.3344 blocks a day. My 24th should earn .02335 btc a day or 0.001868 blocks a day that means if I solo mine it takes about 535 days to hit a block. Big pools of 10% have less variance. Little pools of 1% have more variance. If all my wishes came true kano would be 8% of the network and have 107% lifetime luck. We are now at 1.7% of the network with 103.75% lifetime luck. Here's how I see it. yea you could solo mine by yourself with 24ths. And prolly you won't hit a block for the whole period. Hell with bad luck it could take twenty years to find one solo. 10x diff is about as high as I've personally witnessed variance to reach. Now here is where luck and statistics play in. If we take that same 24 ths which is prolly two workers being s9s. If I point those to solock and it has only 1200 workers then my worker has a 1/600 chance of being the worker that is served the proper work for returning back the block that ck finds. Yes ck doesn't find as many blocks but being as I have 5 workers out of 1200 or so workers then I have roughly a 1/300 chance of being the one that pops the block for the pool. And I have those odds each and every block ck solo finds. Then when you factor in that you get full reward! I for one am glad I went solo I popped two blocks with 34 the in less than two months at current diff. So it's possible and once you do it makes it hard to go back to a pool. Best Regards d57heinz I think there was a 1200% block which would mean 12 x 535 = 6420 days for a solo if diff was flat would be worst case luck. that is 17 years vs normal luck of 1.7 years or 10 miuntes with god like luck. I hit my fair share of solo blocks. 3 at ck's pool but I had partners and netted 21 of the 75 blocks. coins
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elokk
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October 21, 2016, 04:16:14 PM |
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and another block Thank you REWS5559
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t.me/bitcoinasic
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citronick
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Activity: 1834
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---- winter*juvia -----
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October 21, 2016, 05:01:38 PM |
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so happy.... 3 blocks today ...
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If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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firetreeactual
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Activity: 952
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October 21, 2016, 05:13:47 PM |
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If you are trying to follow Canaan on Twitter...they (Twitter and Reddit) were the subject of a DDoS DNS attack late yesterday. Seems Twitter isn't quite back together yet.
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To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
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