|
|
|
|
|
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
727miner
|
 |
January 20, 2015, 04:16:42 PM
Last edit: January 20, 2015, 06:35:32 PM by 727miner |
|
Payouts 339486, 339552 and 339586 sent
Kano, I didn't receive any of these; my wallet is 1LjZmRdMV7Mk88bx7oMMWgKWaFF8yG1qtp. Could you please check on it? Edit: These showed up now. |
|
|
|
|
mdude77
Legendary
 Offline
Activity: 1540
Merit: 1001
|
|
January 20, 2015, 04:27:17 PM |
|
Payouts 339486, 339552 and 339586 sent
Kano, I didn't receive any of these; my wallet is 1LjZmRdMV7Mk88bx7oMMWgKWaFF8yG1qtp. Could you please check on it? The payments still appear to be unconfirmed. M |
I mine at Kano's Pool because it pays the best and is completely transparent! Come join me! |
|
|
aurel57
Legendary
Offline
Activity: 1176
Merit: 1000
|
|
January 20, 2015, 06:31:11 PM |
|
Payouts 339486, 339552 and 339586 sent
Kano, I didn't receive any of these; my wallet is 1LjZmRdMV7Mk88bx7oMMWgKWaFF8yG1qtp. Could you please check on it? The payments still appear to be unconfirmed. M They all 3 show confirmed in my Coinbase wallet |
|
|
|
|
mdude77
Legendary
Offline
Activity: 1540
Merit: 1001
|
|
January 20, 2015, 06:33:29 PM |
|
Payouts 339486, 339552 and 339586 sent
Kano, I didn't receive any of these; my wallet is 1LjZmRdMV7Mk88bx7oMMWgKWaFF8yG1qtp. Could you please check on it? The payments still appear to be unconfirmed. M They all 3 show confirmed in my Coinbase wallet They are confirmed now. They took a while. M |
I mine at Kano's Pool because it pays the best and is completely transparent! Come join me! |
|
|
hurricandave
Legendary
Offline
Activity: 966
Merit: 1003
|
|
January 20, 2015, 06:34:19 PM |
|
|
|
|
|
|
david99
Newbie
Offline
Activity: 16
Merit: 0
|
|
January 20, 2015, 06:39:38 PM |
|
I have 4,8 TH (you can see me at the pool) https://www.miningrigrentals.com/rigs/4161block 339486 - 0.00188319 BTC block 339552 - 0.00823398 btc block 339586 - 0.00579804 btc 1MfoQRP8wGUA82w5RTuonL2n9mK3hYrzm9 I had more than 0.1% of block when blocks was found 25btc : 1000 = 0,025 I feel disappointed |
|
|
|
|
mdude77
Legendary
Offline
Activity: 1540
Merit: 1001
|
|
January 20, 2015, 07:06:09 PM |
|
I have 4,8 TH (you can see me at the pool) https://www.miningrigrentals.com/rigs/4161block 339486 - 0.00188319 BTC block 339552 - 0.00823398 btc block 339586 - 0.00579804 btc 1MfoQRP8wGUA82w5RTuonL2n9mK3hYrzm9 I had more than 0.1% of block when blocks was found 25btc : 1000 = 0,025 I feel disappointed This is PPLNS at work. You haven't reached the 500% threshold yet. When you do, payouts will be around the expected size. It also means if/when you leave, your payouts will slowly decrease, just like they slowly increased. Be patient with it. This high PPLNS setting hurts pool jumpers. Dedicates miners come out ahead. M |
I mine at Kano's Pool because it pays the best and is completely transparent! Come join me! |
|
|
|
ZACHM
|
|
January 20, 2015, 07:07:11 PM |
|
I have 4,8 TH (you can see me at the pool) https://www.miningrigrentals.com/rigs/4161block 339486 - 0.00188319 BTC block 339552 - 0.00823398 btc block 339586 - 0.00579804 btc 1MfoQRP8wGUA82w5RTuonL2n9mK3hYrzm9 I had more than 0.1% of block when blocks was found 25btc : 1000 = 0,025 I feel disappointed You were only on the pool for 12 hours, which was about 150% so you were not on for the full 500%. You should notice that you still get a couple more payouts because you were part of the 500% of the next couple blocks. If your going to rent rigs for use on a PPLNS Pool, I would suggest you rent for a couple days. |
|
|
|
|
nreal
Full Member
Offline
Activity: 932
Merit: 100
arcs-chain.com
|
|
January 20, 2015, 07:14:00 PM
Last edit: January 20, 2015, 07:26:42 PM by nreal |
|
Its a little hard to understand that 500% for me it is anyway  If Ive got a clue it goes like this Pool speed ~5PH one have to be mining ~48h to get 500% (when difficulty increase this takes longer) Pool speed ~2,5 PH have to mine ~96h to get 500% If one starts mining and a block is then found in 5% , miner gets 1% of the full payout. Then next block lets say 20%, miner gets 5% and so on... And the other way then when a miner quits mining, payouts decrease until all 500% is used. If I´m right when quitting whatever % miner has reached payouts continue until mined blocks sum is 500% So if a miner has started with the current round which is now at 218% and it hits now a block(i hope) miner could expect 218/5=43% of full payment. |
|
|
|
|
sjc1490
|
|
January 20, 2015, 07:51:30 PM |
|
|
BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
|
|
|
david99
Newbie
Offline
Activity: 16
Merit: 0
|
|
January 20, 2015, 07:56:15 PM |
|
Thank You
Now I Know that I have to lose at first some money (reneted rig for 0.4 btc for 7 days) to get average profit .
Anyway when I stop mining I will still get some money for certain time.
|
|
|
|
|
|
sjc1490
|
|
January 20, 2015, 07:58:28 PM |
|
Thank You
Now I Know that I have to lose at first some money (reneted rig for 0.4 btc for 7 days) to get average profit .
Anyway when I stop mining I will still get some money for certain time.
If you are going to rent hash you might want to check out CK's solo pool. Who knows you might get lucky. https://bitcointalk.org/index.php?topic=763510.0 |
BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
|
|
|
david99
Newbie
Offline
Activity: 16
Merit: 0
|
|
January 20, 2015, 08:11:24 PM
Last edit: January 21, 2015, 11:27:17 AM by david99 |
|
Thank You
Now I Know that I have to lose at first some money (reneted rig for 0.4 btc for 7 days) to get average profit .
Anyway when I stop mining I will still get some money for certain time.
If you are going to rent hash you might want to check out CK's solo pool. Who knows you might get lucky. https://bitcointalk.org/index.php?topic=763510.0I know this solo pool and I am watching everyday how user ads2003uk is playing . I am going to do it the same way but renting rigs for 3 hours for 5 btc (2PH) is too much gambilng for me at this moment. |
|
|
|
|
nreal
Full Member
Offline
Activity: 932
Merit: 100
arcs-chain.com
|
|
January 20, 2015, 08:12:20 PM |
|
There could be expected time to +-500% in stats page, because it changes as pool speed changes?
|
|
|
|
|
xZork
|
|
January 20, 2015, 08:13:48 PM |
|
Thank You
Now I Know that I have to lose at first some money (reneted rig for 0.4 btc for 7 days) to get average profit .
Anyway when I stop mining I will still get some money for certain time.
If you are going to rent hash you might want to check out CK's solo pool. Who knows you might get lucky. https://bitcointalk.org/index.php?topic=763510.0I know this solo pool and I am watching everyday how user ads2003uk is playing . I am going to do it the same way but renting rigs for 3 hours for 5 btc (2PH) is to much gambilng for me at this moment. He is defiantly a high roller lol. The amount of luck he had in that short period is insane. |
|
|
|
|
sjc1490
|
|
January 20, 2015, 08:45:19 PM |
|
Thank You
Now I Know that I have to lose at first some money (reneted rig for 0.4 btc for 7 days) to get average profit .
Anyway when I stop mining I will still get some money for certain time.
If you are going to rent hash you might want to check out CK's solo pool. Who knows you might get lucky. https://bitcointalk.org/index.php?topic=763510.0I know this solo pool and I am watching everyday how user ads2003uk is playing . I am going to do it the same way but renting rigs for 3 hours for 5 btc (2PH) is to much gambilng for me at this moment. Too rich for my blood also, but he has had some insane luck. |
BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
|
|
|
kano (OP)
Legendary
Offline
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
|
|
January 20, 2015, 10:26:43 PM |
|
Payout 339683 sent
Just some info about payouts, that I've mentioned before, that is really the exact explanation though not as obvious as to what it means.
Every share you submit gets paid in all the blocks found 5N (500% network difficulty) after the share is found.
So if you look at it at the micro level of shares, you expect (on average) to get 5 payments per share where each payment is 1/5 of what the share is worth, PPS - 0.9%
There's no way to guess when blocks will be found in the 5N (500%) after you submit the share, there can be 10 or more of them, there could be only one on a bad luck streak, or with very bad luck, the share may not even get paid once - if it is more than 500% before the next block i.e. an unlucky block that is over 500% Diff%
We've so far only had one block over 500% - it was 525%
So looking at it that way, you can see that each share has the same chance as any other of being paid the expected value, more than the expected value, or less than the expected value. But the expectation is for each share, on average, to be paid the expected PPS - 0.9% value.
Coming and going will not actually affect each share's chance of being paid.
However, when you sum up all the shares into a payout, they, of course, produce a total payout, each time, based on how many shares you submitted in the 5N (500% network difficulty) before the payout.
So you need to look at multiuple payouts to see that you are averaging to get the expected payout, but you'd also have to factor in pool luck over the time frame you are looking at.
|
|
|
|
|
DevonMiner
|
|
January 20, 2015, 10:45:41 PM |
|
My miners have been hopping in and out of the pool all day, wasn't aware of too many restarts ... sure the server had to be rebuilt ... not sure what gives.
Hoping things will settle down.
|
|
|
|
|
|
bittalc1
|
|
January 20, 2015, 10:46:29 PM |
|
Kano i have problems when the pool restarts. I have ants s4 and i set the diff in workers page to 2048, when the pool restarts the diff is not constant it becomes variable and i must restart the miners to get the 2048 again. What should i do? the m monitor from mdude dont have tht option to alert me when the diff becomes variable.
one more thing, after you announce the payout how much time should i wait to see in my wallet?
|
|
|
|
|
|
