roy7
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April 11, 2013, 04:13:29 AM Last edit: April 11, 2013, 04:28:03 AM by roy7 |
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This sucks for me because I have a bunch of risk and am not really making any money for my efforts and significant hosting costs. It sucks for miners because they are not getting paid consistently. I think most pool operators running PPS haven't really looked at the math. It only makes sense to run a payment model that is sustainable forever regardless of variance. So I am thinking of switching to PPSLN, which has no risk for me but adds some variance to miners. Anyone with thoughts on that? I'm new to mining, have one 7950 I bought, and don't even use your pool. So my feedback isn't worth a lot. But look at this: http://eligius.st/wiki/index.php/Capped_PPS_with_Recent_BackpayWhen I was searching for pool software I came across them (as a result of eloipool), and this is their latest payment model. I really like it. Feels as close to PPS as you can get with zero risk to you, and recent miners have priority treatment. Everyone, eventually, gets paid for all that is owed once the pool get more blocks than expected instead of less. I would have the payments for a block be build into the coinbase for the block so everyone gets paid as soon as that block matures and the accounting gets much simpler. Eligius does this too, and I think it's super elegant. (Edit: One other tip from their experience, make your policy that shares are based as a share of the next payoff based on the reward at that time. So if the reward drops, you aren't paying out of pocket a share of a previous higher reward that was never realized. Your % of the total work is set at the time you earn the share, but your actual amount of BTC payment is based on the block reward at the time a block is found.)
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techwtf
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April 11, 2013, 04:59:00 AM |
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This sucks for me because I have a bunch of risk and am not really making any money for my efforts and significant hosting costs. It sucks for miners because they are not getting paid consistently. I think most pool operators running PPS haven't really looked at the math. It only makes sense to run a payment model that is sustainable forever regardless of variance. So I am thinking of switching to PPSLN, which has no risk for me but adds some variance to miners. Anyone with thoughts on that? I'm new to mining, have one 7950 I bought, and don't even use your pool. So my feedback isn't worth a lot. But look at this: http://eligius.st/wiki/index.php/Capped_PPS_with_Recent_BackpayWhen I was searching for pool software I came across them (as a result of eloipool), and this is their latest payment model. I really like it. Feels as close to PPS as you can get with zero risk to you, and recent miners have priority treatment. Everyone, eventually, gets paid for all that is owed once the pool get more blocks than expected instead of less. I would have the payments for a block be build into the coinbase for the block so everyone gets paid as soon as that block matures and the accounting gets much simpler. Eligius does this too, and I think it's super elegant. (Edit: One other tip from their experience, make your policy that shares are based as a share of the next payoff based on the reward at that time. So if the reward drops, you aren't paying out of pocket a share of a previous higher reward that was never realized. Your % of the total work is set at the time you earn the share, but your actual amount of BTC payment is based on the block reward at the time a block is found.) It will delay your payment for a long time if bad luck happens. RSMPPS (itzod) & CPPSRB (eligius) is actually the same type. it wont get much attention.
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techwtf
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April 11, 2013, 05:00:20 AM |
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Why are some people showing with a huge negative balance? e.g. 18Udhe at -21 owed and 115NY at -13? Was it another case of updating bitcoind, or..?
fireduck says it is a bad implementation bug ... sadly those avalon miners in China wont pay back
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fireduck (OP)
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April 12, 2013, 02:27:05 AM |
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Why are some people showing with a huge negative balance? e.g. 18Udhe at -21 owed and 115NY at -13? Was it another case of updating bitcoind, or..?
fireduck says it is a bad implementation bug ... sadly those avalon miners in China wont pay back Yeah, in a few weeks once all the PPS shares are more historical I'm going to do some simplifications of the accounting software. Anyways, the PPLNS software seems to be working smoothly now. I hope people come back but if they don't I will have my 6 BFL singles (maybe one day) and a friend of mine is obligated to run his avalons on my pool (once he has them) as part of a deal. So that is Around 500 GH/s right there.
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Bitrated user: fireduck.
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roy7
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April 12, 2013, 04:21:24 AM |
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Anyways, the PPLNS software seems to be working smoothly now. I hope people come back but if they don't I will have my 6 BFL singles (maybe one day) and a friend of mine is obligated to run his avalons on my pool (once he has them) as part of a deal. So that is Around 500 GH/s right there.
Epic.
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spiccioli
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Activity: 1378
Merit: 1003
nec sine labore
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April 12, 2013, 08:04:58 AM |
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fireduck,
is it correct that all fees, as shown on your site, for difficulty above 16 are less than one per cent?
spiccioli
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techwtf
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April 12, 2013, 08:18:44 AM |
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fireduck,
is it correct that all fees, as shown on your site, for difficulty above 16 are less than one per cent?
spiccioli
bitminter offer 0% (will be raised to 1%) PPLNS & all fee is distributed to miner. with PPLNS, pool operator (fireduck) has no risk of losing money (unless he does something extremely wrong). PPS needs a high fee (3%-4%+) to cover the variance / risk.
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spiccioli
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Merit: 1003
nec sine labore
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April 12, 2013, 08:41:27 AM |
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with PPLNS, pool operator (fireduck) has no risk of losing money (unless he does something extremely wrong). PPS needs a high fee (3%-4%+) to cover the variance / risk.
Sure, but he still has to pay for hosting and time he puts into his pool at least. spiccioli
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fireduck (OP)
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April 12, 2013, 04:27:57 PM |
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with PPLNS, pool operator (fireduck) has no risk of losing money (unless he does something extremely wrong). PPS needs a high fee (3%-4%+) to cover the variance / risk.
Sure, but he still has to pay for hosting and time he puts into his pool at least. spiccioli Yep. And those numbers are correct.
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Bitrated user: fireduck.
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Richy_T
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Merit: 2264
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 14, 2013, 09:57:40 PM |
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Hi guys, I'm not playing in this pool at the moment (not related to the recent payout issues, I'm just trying a different tech) but for those who are using my Android app, I have applied some of the updates I mentioned before. Now it should be less network heavy and look a little nicer. I'm wanting to do a similar app for the new pool so I'll try and see about back-porting any changes to this one (who knows, I may be back sometime in any case). Download is here: http://perihelion.nfshost.com/hhttwatcher.apk
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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JWU42
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Activity: 1666
Merit: 1000
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April 16, 2013, 03:07:24 PM |
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FD,
Any chance to add the following:
1. Current shares for the pool in current round 2. Luck meter for each round (going back perhaps 40-50 blocks) 3. Individual stats that show shares per block
Just a few things I enjoy seeing on other pools that are more block based like DGM or PPLNS (i.e., not PPS).
Thanks for the consideration!
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zakoliverz
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April 16, 2013, 03:14:17 PM |
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look's like more and more difficulty to mine.
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JWU42
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Activity: 1666
Merit: 1000
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April 17, 2013, 06:48:43 PM |
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My good luck continues for HHTT -- found this one just in time (right before diff change)... Best Diff = 7988061
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Hippie Tech
aka Amenstop
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Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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April 18, 2013, 02:31:27 AM |
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Most of the credits are being eaten up by avalon miners with little/no shares submitted during the last several days.
Shouldn't the entire credit be gone after one day ?
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JWU42
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Merit: 1000
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April 18, 2013, 02:33:13 AM |
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Not when the pool is only 40 Gh/s.
The N is 2x diff (or nearly 18M shares). It will be a week or more until they phase out
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fireduck (OP)
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April 19, 2013, 03:25:23 PM |
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FD,
Any chance to add the following:
1. Current shares for the pool in current round 2. Luck meter for each round (going back perhaps 40-50 blocks) 3. Individual stats that show shares per block
Just a few things I enjoy seeing on other pools that are more block based like DGM or PPLNS (i.e., not PPS).
Thanks for the consideration!
Yeah, I think I can swing that.
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Bitrated user: fireduck.
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organofcorti
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Merit: 1007
Poor impulse control.
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April 19, 2013, 03:45:24 PM |
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FD,
Any chance to add the following:
1. Current shares for the pool in current round 2. Luck meter for each round (going back perhaps 40-50 blocks) 3. Individual stats that show shares per block
Just a few things I enjoy seeing on other pools that are more block based like DGM or PPLNS (i.e., not PPS).
Thanks for the consideration!
Yeah, I think I can swing that. That would be nice. How about a block history API, if you have time?
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fireduck (OP)
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April 20, 2013, 03:41:15 AM |
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FD,
Any chance to add the following:
1. Current shares for the pool in current round 2. Luck meter for each round (going back perhaps 40-50 blocks) 3. Individual stats that show shares per block
Just a few things I enjoy seeing on other pools that are more block based like DGM or PPLNS (i.e., not PPS).
Thanks for the consideration!
Yeah, I think I can swing that. That would be nice. How about a block history API, if you have time? Yeah, I've been meaning to do that forever. In like of the recent theft from ozcoin, I no longer regret the real inconvenient place I have the payment code running even with all the trouble it occasionally gives me.
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Bitrated user: fireduck.
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solitude
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April 23, 2013, 10:27:49 PM |
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Hi, when slush was ddos'd about five days ago I mined on your pool for about ten hours, but never received a payout. I'm hashing at 1,200 Mhash/sec. How long do you have to mine on HHTT before you are eligible for a payout?
I used stratum.hhtt.1209k.com port 3333 and my bitcoin address as the username. Password doesn't matter right?
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Hardly anyone speaks English on this forum.
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