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Author Topic: http://www.pyramining.com/ - Discussion thread (no advertising here)  (Read 297202 times)
rdyoung
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April 10, 2014, 03:25:49 PM
 #2541

:facepalms:

lol sorry. Its just frustrating that pyra is not getting back to us even though bitching about here is not helping
Either he is confused as to why we want a standard pool or he finally pulled his head out of the sand.
He has been arguing that 5+ days between block is ok, variance yada yada, even though we are losing ground at every difficulty change. P2pool.info shows 180ish ths. I think others see the writing on the wall.

Update: I just sent pyra a PM, he hasn't been logged in since the 31st, hopefully he will log back in sooner than later and see it.
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Squeaker
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April 11, 2014, 01:12:07 AM
 #2542

it just amazes me how short-term you guys appear to be thinking...

=squeak=

coinnewbit
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April 11, 2014, 01:19:53 AM
 #2543

it just amazes me how short-term you guys appear to be thinking...

=squeak=

Do you manually add the squeak thing after every post?

      BinaryBase.co    
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rdyoung
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April 11, 2014, 01:57:22 AM
 #2544

it just amazes me how short-term you guys appear to be thinking...

=squeak=


Bullshit

How is watching us lose ground with p2pool and operating at less than 100% of the standard network looking short term?
Its NOT OK to get a block every 1.5 days on average and keep losing ground with every difficulty increase.

You still haven't answered me as to what's enough for you see things differently? 1 block/payout a week? What about every 2 weeks? P2pool is losing hashing power as the network grows.

Why are you so stuck on p2pool? Why are you so vehemently against changing so that we actually make money?

The only argument you have made is variance is normal and that 5+ days between blocks is ok because variance.
I am here saying NO its not ok. Do you have any idea the # of blocks that p2pool now 163ths would have to find back2back to bring us back up to 100% earnings? Do you realize the odds of that happening now as p2pool is actually losing hashing rate.
We have cleared the last longest round time, 5d20h and counting. This is to be blunt, fucking ridiculous.

I know I repeated a couple of things but I am tired of reading your variance is ok BS argument while you ignore the reality of whats happening.
rdyoung
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April 11, 2014, 02:08:07 AM
 #2545

it just amazes me how short-term you guys appear to be thinking...

=squeak=

Do you manually add the squeak thing after every post?

It makes him feel special
coinnewbit
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April 11, 2014, 02:56:37 AM
 #2546

Hey squeaker don't you want your money back too? This is getting out of hand

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rdyoung
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April 11, 2014, 03:15:33 AM
 #2547

Hey squeaker don't you want your money back too? This is getting out of hand

Some information to digest.

The following address is pyraminings p2pool address, 1CzLSNz7V6EufECrjvMXBiVo8Tu7z3XgkF
Going back till the 27th when the earnings from the new hardware started to appear, we have mined 4.827 btc.
Factoring in 9 days of earnings at the last increase, we could have been earning .70btc/day for a total of 6.3btc before the last increase.
The last 5 days would have earned us another 2.87btc.

I based all this math on 7ths. If I went back to when he actually installed the new hardware this #s would likely be much larger.

To sum it up.
We have earned : 4.827btc
We COULD have earned : 9.176btc
We have LOST            : 4.351 btc

Squeaker: Please explain how this scenario is OK? Its all ok because of variance?? Right??? It will all swing back and we will get that 4.351BTC back right??? I have no idea how much it costs pyramining to run the mine, but that missing 4.351btc would have gone a long way to filling the hole from the last hardware and putting money back in our digital pockets.
Squeaker
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April 11, 2014, 03:26:03 AM
 #2548

it just amazes me how short-term you guys appear to be thinking...

=squeak=
Do you manually add the squeak thing after every post?
Yes... it is my signature Tongue

=squeak=

rdyoung
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April 11, 2014, 04:06:54 AM
 #2549

YAY!!!!!!!!!! We found a block, now our "luck" is a whopping 44.1%/7 days 80.0%/30 days 81.5%/90 days

Its all good folks, nothing to see here, variance will eventually adjust our way and we will be fine, gotta look long term. Don't worry about the car wreck in front of you, or the bridge that just collapsed up ahead, LOOOONNNNNGGGGG term it will all be fine.
rdyoung
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April 11, 2014, 04:07:47 AM
 #2550

it just amazes me how short-term you guys appear to be thinking...

=squeak=
Do you manually add the squeak thing after every post?
Yes... it is my signature Tongue

=squeak=


Its awesome that you could reply to that post and yet couldn't see fit to comment on more pressing matters. Do you by chance work for fox news???
Squeaker
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April 11, 2014, 04:15:38 AM
 #2551

it just amazes me how short-term you guys appear to be thinking...

=squeak=
Do you manually add the squeak thing after every post?
Yes... it is my signature Tongue

=squeak=


Its awesome that you could reply to that post and yet couldn't see fit to comment on more pressing matters. Do you by chance work for fox news???
I've already said what I needed to say... it hasn't changed... what point would there be in repeating myself?

=squeak=

rdyoung
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April 11, 2014, 04:26:45 AM
 #2552

it just amazes me how short-term you guys appear to be thinking...

=squeak=
Do you manually add the squeak thing after every post?
Yes... it is my signature Tongue

=squeak=


Its awesome that you could reply to that post and yet couldn't see fit to comment on more pressing matters. Do you by chance work for fox news???
I've already said what I needed to say... it hasn't changed... what point would there be in repeating myself?

=squeak=


What I want us you to tell me my #s are wrong, argue something other than variance blah blah yada yada.
If we were still at 100%+ earnings with p2pool growing at a steady pace your argument would make sense, but we aren't so its like telling people in the desert they aren't thirsty because rain fall varies and it will rain again eventually.

Squeaker
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April 11, 2014, 04:33:33 AM
 #2553

What I want us you to tell me my #s are wrong, argue something other than variance blah blah yada yada.
If we were still at 100%+ earnings with p2pool growing at a steady pace your argument would make sense, but we aren't so its like telling people in the desert they aren't thirsty because rain fall varies and it will rain again eventually.


I don't quibble with your numbers... I just have a longer view is all... a short-term sampling is less accurate for longer-term results, and variance balances out with much more time.

I've already talked about this too... I don't want to just keep going endlessly with the equivalent of "I'm right" "no, I'm right" "no, I'm right" etc etc etc, when we're just seeing the situation in different ways.

The short term results doesn't concern me... they do concern you... what is debatable about that? Nothing that I can see... and neither of our opinions is any more or less valid than the other.

Honestly, I said earlier I was done debating this, and I don't want to be sucked back into it again. I said my peace.

=squeak=

ps: oh... and the fox news dig? isn't that kind of beneath you? if you're confident in the argument you're presenting, why would you have to resort to silly stuff like that? on the political blogs, that's the moment you lose your argument, when you attack the messenger, instead of debate the message.

rdyoung
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April 11, 2014, 04:50:16 AM
 #2554

What I want us you to tell me my #s are wrong, argue something other than variance blah blah yada yada.
If we were still at 100%+ earnings with p2pool growing at a steady pace your argument would make sense, but we aren't so its like telling people in the desert they aren't thirsty because rain fall varies and it will rain again eventually.


I don't quibble with your numbers... I just have a longer view is all... a short-term sampling is less accurate for longer-term results, and variance balances out with much more time.

I've already talked about this too... I don't want to just keep going endlessly with the equivalent of "I'm right" "no, I'm right" "no, I'm right" etc etc etc, when we're just seeing the situation in different ways.

The short term results doesn't concern me... they do concern you... what is debatable about that? Nothing that I can see... and neither of our opinions is any more or less valid than the other.

Honestly, I said earlier I was done debating this, and I don't want to be sucked back into it again. I said my peace.

=squeak=

ps: oh... and the fox news dig? isn't that kind of beneath you? if you're confident in the argument you're presenting, why would you have to resort to silly stuff like that? on the political blogs, that's the moment you lose your argument, when you attack the messenger, instead of debate the message.


Message received, you can't argue the facts in front of you so you say your looking longterm and I am not.

Fact is I am looking long term, I have a decent amount invested and would like to get it back before the next halving, every 2016 blocks that p2pool doesn't grow in relation to the rest of the network we lose ground. The fact that you can't see that makes me wonder what else you can't see.

Please tell me how we get back the bitcoins we haven't mined thanks to p2pool? When you can explain that in actual #s and not longterm variance, etc then I might consider your side of the argument. And please don't say that pyra will save p2pool with the remaining hashpower, that's barely 15% of the current hashrate. Nothing compared to the difficulty increases over the past few months.
simonk83
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April 11, 2014, 05:48:43 AM
 #2555

Christ.  Hopefully Pyra chimes in one way or the other so we don't have to listen to this shit anymore.

For what it's worth, Squeak is quite right that this is just variance at play and it will even out given enough time.   If p2pool is lacking in hashpower overall then it's probably worth moving pools, otherwise we're fine where we are.

rdyoung
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April 11, 2014, 03:12:57 PM
 #2556

If p2pool is lacking in hashpower overall then it's probably worth moving pools, otherwise we're fine where we are.

Thats my point
Did you not read my posts? Can you or squeaker explain how we will get that missing btc back? If you can't then please shut up.
I am happy that you and squeaker don't care if you ever see your btc back from this mine, but I do. I trust pyra but with the speed at which we have been losing ground, we need to move to a standard pool. IF/WHEN p2pool gets back up to par with the standard network, then by all means go back to it, but be ready to be move back when we have another 3+ months of under performance.

Why can no one here provide an intelligent reasoned argument against what I have been saying?
I will keep posting this "shit" as you call it until either pyra chimes in, or someone actual debates at the level where I am.
We have been operating at less than 100% of the standard network for 90+ days and that gap is getting wider. We are likely to lose another 13% relative to the network at the next diff adjustment.

I provide hard data and #s and all I get in return is variance is ok, stop ignoring the fact that we are at a loss and provide a debate or jump in with me and request the move to a standard pool.
Monkey1
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April 11, 2014, 06:54:01 PM
 #2557

I dont see the point arguing about it here.  Pyramining will or will not switch, and arguing here will make no difference (unless he puts up a poll)!!!

Regardless of variance, I dont see any advantage of sticking with P2P.  If they paid out 110% or some other benefit, I could understand sticking with them, but I do agree that as they have bad luck, hashrate drops, further reducing the chance of finding a block etc etc all while difficulty is increasing.  I have a lot of BTC still invested and I would be happy with a switch to a larger pool (even one with a fee if needed).

More importantly, if we have already mined approx 5 BTC, where are my pay outs?  My queued deposits were activated more than 2 weeks ago and no payment showing!!

rdyoung
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April 12, 2014, 06:35:29 PM
 #2558

I dont see the point arguing about it here.  Pyramining will or will not switch, and arguing here will make no difference (unless he puts up a poll)!!!

Regardless of variance, I dont see any advantage of sticking with P2P.  If they paid out 110% or some other benefit, I could understand sticking with them, but I do agree that as they have bad luck, hashrate drops, further reducing the chance of finding a block etc etc all while difficulty is increasing.  I have a lot of BTC still invested and I would be happy with a switch to a larger pool (even one with a fee if needed).

More importantly, if we have already mined approx 5 BTC, where are my pay outs?  My queued deposits were activated more than 2 weeks ago and no payment showing!!

I am wondering the same. I had quite a few small deposits activated from my chained accounts. The new deposits for new hardware should not be responsible for the debt the old hardware racked up. Not sure how he would make that distinction in the DB but the newly activated deposits should have received earnings by now.
kreeften
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April 13, 2014, 08:28:39 PM
 #2559

Status update: first 5TH/s have been installed. I will be able to install about 5TH/s week, maybe slightly more. There is a small "hole" to recoup due to the power usage of the previous generation ASICs. In a few days, payouts could start coming again.
I will post some more details in the next days. I have been very busy making everything up and running.
whats happens next?

when we payout ?

pyramining
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April 13, 2014, 10:06:34 PM
 #2560

Pyramining: Any chance we can move to eligius? Steadier payouts would be better all around. Plus, they merge mine nmc that would help offset the management costs.

Usually on the average, P2Pool is the pool who yelds the maximum revenue. Unfortunately during the last month it has been very unlucky (that's why it's taking longer than predicted for filling the hole). Since the average luck should point toward 100%, I wouldn't switch to another pool. In the past months there has been a (long) period of time with luck at 120% ...
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