Eric Muyser
Full Member
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Activity: 224
Merit: 100
You can't kill math.
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July 17, 2013, 04:20:44 AM |
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Somebody get AM some better pipes! |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
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stslimited
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July 17, 2013, 04:36:18 AM |
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Somebody get AM some better pipes! they need to get out of the firewall maybe? |
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cp1
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July 17, 2013, 04:37:59 AM |
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It doesn't make sense that China is blocking them from talking to other nodes -- couldn't they just have an offshore node and ssh tunnel to it?
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tkone
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July 17, 2013, 05:18:21 AM |
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i thought that maybe we demand a higher tx fee  that would be cool if AM only included tx that payed higher that would give us more profit too!!! i think its already going on, i never tested it though, but i never really seen any of my transactions on a AM block that i can remember, but i usually use the minium like .001 or something |
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notme
Legendary
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Activity: 1904
Merit: 1002
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July 17, 2013, 05:20:41 AM |
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i thought that maybe we demand a higher tx fee that would be cool if AM only included tx that payed higher that would give us more profit too!!! i think its already going on, i never tested it though, but i never really seen any of my transactions on a AM block that i can remember, but i usually use the minium like .001 or something From the linked block above: Transaction Fees 0.0146 BTC
It is similarly small for other blocks (at least the most recent 10 with one exception of 0.09 in fees). I don't think your theory holds. |
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msm595
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July 17, 2013, 05:45:17 AM |
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I've been thinking about the low number of transactions per block issue and the assumption that we aren't a very well connected node. This made me realize that if we aren't a very well connected node, then our orphaned block rate would be higher than normal as others finding blocks around the same time will be quicker to 'spread the news' and will therefore be the winner. I then checked the blockchain.info orphaned block page https://blockchain.info/orphaned-blocks and sure enough, a high percentage of orphaned blocks are from AsicMiner. edit... Out of the last 25 orphaned blocks, 11 belonged to AsicMiner.I haven't run the numbers but I have a feeling that we are leaving a HUGE amount of bitcoin on the table. Not only are we missing out on a huge amount of transaction fee's, but we're solving blocks that we aren't even getting credit for. It seems to me that peering off a well connected node should be a simple fix. Just ran the numbers. ASICMiner has been solomining since 5/20 (roughly 75 orphan blocks in). Here is the breakdown of those 75 orphans: 192.81.215.101 : ▇ 1
BitMinter : ▇▇▇▇▇▇▇▇ 6
EclipseMC : ▇▇ 2
24.45.164.106 : ▇ 1
173.197.46.89 : ▇ 1
174.101.208.231 : ▇ 1
Bitparking : ▇▇ 2
184.169.161.86 : ▇ 1
98.206.238.190 : ▇ 1
24.14.218.189 : ▇ 1
ASICMiner : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 18
68.3.24.120 : ▇ 1
Deepbit : ▇▇▇▇▇▇ 5
BTC Guild : ▇▇▇▇▇▇▇▇▇▇▇▇▇ 10
84.133.197.138 : ▇ 1
71.201.17.119 : ▇ 1
68.148.13.180 : ▇ 1
Eligius : ▇▇ 2
71.62.207.163 : ▇ 1
64.46.12.75 : ▇ 1
50BTC : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 11
71.118.242.127 : ▇ 1
Slush : ▇▇▇▇▇ 4 |
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Jutarul
Donator
Legendary
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Activity: 994
Merit: 1000
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July 17, 2013, 05:50:24 AM |
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Just ran the numbers. ASICMiner has been solomining since 5/20 (roughly 75 orphan blocks in). Here is the breakdown of those 75 orphans:....
Would you be so kind and also calculate the number of solved and accepted blocks? This will give an indication of how large the percentage effect is. If it's around 2000 blocks the orphan rate is about 1%, which puts things in perspective. |
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Franktank
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July 17, 2013, 05:55:05 AM |
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Just ran the numbers. ASICMiner has been solomining since 5/20 (roughly 75 orphan blocks in). Here is the breakdown of those 75 orphans:....
Would you be so kind and also calculate the number of solved and accepted blocks? This will give an indication of how large the percentage effect is. If it's around 2000 blocks the orphan rate is about 1%, which puts things in perspective. +1 |
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dhenson
Legendary
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Activity: 994
Merit: 1000
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July 17, 2013, 06:01:50 AM |
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If those numbers are correct, 11 out of the last 25 compared to 7 out of the 50 before that. The problem appears to be getting worse.
Not including transactions is not just bad for profits, it's bad for bitcoin. Needlessly orphaning blocks is just bad business, 1% or 10% doesn't matter when it's so easy to fix.
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friedfish
Newbie
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Activity: 13
Merit: 0
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July 17, 2013, 07:24:56 AM |
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news: ASICMINER will announce new mining machines.
ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.
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eleuthria
Legendary
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Activity: 1750
Merit: 1007
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July 17, 2013, 07:27:15 AM |
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Just to correct some likely bad info above: The difference between timestamp and received time is not an indicator of the time it takes the block to propagate. The timestamp for a block is part of the work miners do, even if it takes them 30 seconds to complete that work. It's also defined by the system clock of the node (pool server) that created the work.
ASICMINER's solo poolserver probably has some minor time shifting (ntp would fix that), or their setup is creating work in bulk and caching it for as long as its valid. The only downside to work caching/not updating work frequently is you'll end up losing out on additional transaction fees. If it's just a drifting system clock, that's not a huge concern unless it drifts significantly away from actual time.
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RIP BTC Guild, April 2011 - June 2015
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davecoin
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July 17, 2013, 07:27:45 AM |
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news: ASICMINER will announce new mining machines.
ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.
While your post history is intriguing, do you have a source for a 100GH+ unit? |
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friedfish
Newbie
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Activity: 13
Merit: 0
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July 17, 2013, 07:32:04 AM |
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There is a new BTC future and stock market. The volum is huge. ASICMINER stock is also traded there. If you are interested, you can use the following referral link https://796.com/invite/do/105764 |
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wo0x
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July 17, 2013, 07:36:24 AM |
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i thought that maybe we demand a higher tx fee that would be cool if AM only included tx that payed higher I would really love to see my todays dividends come riding along an asicminer block. Dividends are paid without transactions fees. Technically I have no clue about how miners manipulate which transactions are included in their currently mined blocks, but if that is possible, I want "our transaction" paid this way. |
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friedfish
Newbie
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Activity: 13
Merit: 0
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July 17, 2013, 07:39:26 AM |
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news: ASICMINER will announce new mining machines.
ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.
While your post history is intriguing, do you have a source for a 100GH+ unit? This info is spreading in social medias in China. I put it here just for your information. Make Use of the info at your own discretion. |
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Franktank
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July 17, 2013, 07:45:51 AM |
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news: ASICMINER will announce new mining machines.
ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.
As much as shareholders want this to be true, it's just a rumor until a board member confirms or friedcat says so. Hold steady boys... |
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freedomno1
Legendary
Offline
Activity: 1848
Merit: 1094
Learning the troll avoidance button :)
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July 17, 2013, 08:03:24 AM |
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news: ASICMINER will announce new mining machines.
ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.
As much as shareholders want this to be true, it's just a rumor until a board member confirms or friedcat says so. Hold steady boys... Key word Hold |
Believing in Bitcoins and it's ability to change the world
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msm595
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July 17, 2013, 08:31:08 AM |
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If those numbers are correct, 11 out of the last 25 compared to 7 out of the 50 before that. The problem appears to be getting worse.
Not including transactions is not just bad for profits, it's bad for bitcoin. Needlessly orphaning blocks is just bad business, 1% or 10% doesn't matter when it's so easy to fix.
Keep in mind ASICMiner only had ~5TH/s during those first 30 or so. Would you be so kind and also calculate the number of solved and accepted blocks? This will give an indication of how large the percentage effect is. If it's around 2000 blocks the orphan rate is about 1%, which puts things in perspective.
+1 Got it right here (good blocks : orphan : ratio of orphan to total): Bitparking : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 97:2:0.020202
ASICMiner : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 1668:18:0.010676
BitMinter : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 593:6:0.010017
Deepbit : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 619:5:0.008013
EclipseMC : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 327:2:0.006079
Eligius : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 331:2:0.006006
50BTC : ▇▇▇▇▇▇▇▇▇▇▇▇▇ 1964:11:0.005570
Slush : ▇▇▇▇▇▇▇▇▇ 1086:4:0.003670
BTC Guild : ▇▇▇▇▇▇▇▇ 2795:10:0.003565 (Note: blockchain.info temp ip banned me a couple of times, so some blocks may have been erroneously counted 2x. None of the orphans were counted 2x though). |
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robix
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July 17, 2013, 11:46:57 AM |
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No div estimates for today? Come on guys.
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