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Topic: [0Th]Ozcoin Pooled Mining |DGM 1%|Stratum+VarDiff port 80|NEW CN mining| - page 113. (Read 398185 times)

donator
Activity: 2058
Merit: 1007
Poor impulse control.
Ozcoin has had significantly high luck for the last three weeks - the only pool to be so lucky. And your hashrate dropped? Weird.
vip
Activity: 980
Merit: 1001

Members that donate 5% back to the pool get payouts on blockfind, this was implemented for impatient people Cheesy


Hmm, I thought it was a way to help encourage people to help fund the pool?  I'm not all that impatient but I don't mind paying for something that is a value to me, that value being the pool not instant payouts.
Sam
fair call , it is a 50/50 thing, some people do it to support, some to get their BTC quick
Either way it does help pay the bills and is appreciated Cheesy
legendary
Activity: 3583
Merit: 1094
Think for yourself

Members that donate 5% back to the pool get payouts on blockfind, this was implemented for impatient people Cheesy


Hmm, I thought it was a way to help encourage people to help fund the pool?  I'm not all that impatient but I don't mind paying for something that is a value to me, that value being the pool not instant payouts.
Sam
vip
Activity: 980
Merit: 1001
Hi Ozco,

Is 120 confirmations really necessary? Did you ever saw a block having - let's say 10 confirmations - to be invalid?
The DGM makes the waiting to be even more important (because some of the gains gets delayed to future blocks)
Clipse got it Smiley

Obviously we do carry a "buffer"  but its better to pay out when we have the coins to pay than hit a situation where miners are expecting BTC but we don't have them to pay out right now as we have to wait for the confirmations.

Members that donate 5% back to the pool get payouts on blockfind, this was implemented for impatient people Cheesy

Looking out in the real world I see people getting paid for their efforts weekly, fortnightly and sometimes monthly rarely instantly, is ~20hours really that long to wait?

I saw the same question posted in another pools thread too Smiley


I don't understand: when you discover a block (or make a transaction, etc.), the BTC gets credited right away, isn't? And you can also use them right away?! But those things gets ensured to be permanent after some confirmations (i've read a table somewhere showing probabilities of the things to be permanent with the number confirmations => you have way more luck to win at Euromillions than having 10 confirmations and the block to be invalid)
um
generated blocks need 120 confirms - it is hardcoded in bitcoind before the pool or solo miner gets their BTC
block generation and transaction confirmations are very different Smiley
full member
Activity: 148
Merit: 100
Crazy!
Are you just shopping around, trying to get the best deal? Wink

https://bitcointalksearch.org/topic/m.914333

Well, you're close Smiley After writing this message, I said to myself "I'm dumb, why don't I switch back to Ozcoin?".
I don't understand: when you discover a block (or make a transaction, etc.), the BTC gets credited right away, isn't? And you can also use them right away?! But those things gets ensured to be permanent after some confirmations (i've read a table somewhere showing probabilities of the things to be permanent with the number confirmations => you have way more luck to win at Euromillions than having 10 confirmations and the block to be invalid)
hero member
Activity: 504
Merit: 502
Hi Ozco,

Is 120 confirmations really necessary? Did you ever saw a block having - let's say 10 confirmations - to be invalid?
The DGM makes the waiting to be even more important (because some of the gains gets delayed to future blocks)

120 confirmation is neccesary unless all payouts are promised at PPS. You do realise that ozcoin have to wait 120 confirmations before they get credited for the 50 BTC block. If they hit some of those 14-20 blocks they have shown in the past within 120confirmations, that would mean they had allready paid out 700-1000BTC out of their own wallets before getting credited by the network.

Looking at ozcoin hashrate peaks it would be near impossible, unless they carry a huge wallet from their donations which I doubt, for them to payout before clearing the 50 BTC.

Since ozcoin doesnt charge anything, its less than practical to payout anything before receiving the block payment from network.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
Hi Ozco,

Is 120 confirmations really necessary? Did you ever saw a block having - let's say 10 confirmations - to be invalid?
The DGM makes the waiting to be even more important (because some of the gains gets delayed to future blocks)

Are you just shopping around, trying to get the best deal? Wink

https://bitcointalksearch.org/topic/m.914333

full member
Activity: 148
Merit: 100
Crazy!
Hi Ozco,

Is 120 confirmations really necessary? Did you ever saw a block having - let's say 10 confirmations - to be invalid?
The DGM makes the waiting to be even more important (because some of the gains gets delayed to future blocks)
vip
Activity: 980
Merit: 1001
 Pay per Share
5% Fee
Note: Merged Mining and Donations are disabled for PPS method.
Current PPS Rate:0.00002741 BTC

Yes, just set it up the user side. been testing with staff for a few days to be sure it all works Smiley
Had a fair few inquiries - thought we might offer PPS and see how it goes Smiley

For ease and to keep DGM stats correct we have created a dummy user "PPS" this will show the total PPS hashrate for the pool.

Would it be possible to enable it per-worker instead of the whole account ?
Possibly with time, it is much easier for us to manage per account for the time being Smiley
full member
Activity: 184
Merit: 100
Feel the coffee, be the coffee.
 Pay per Share
5% Fee
Note: Merged Mining and Donations are disabled for PPS method.
Current PPS Rate:0.00002741 BTC

Yes, just set it up the user side. been testing with staff for a few days to be sure it all works Smiley
Had a fair few inquiries - thought we might offer PPS and see how it goes Smiley

For ease and to keep DGM stats correct we have created a dummy user "PPS" this will show the total PPS hashrate for the pool.

Would it be possible to enable it per-worker instead of the whole account ?
vip
Activity: 980
Merit: 1001
 Pay per Share
5% Fee
Note: Merged Mining and Donations are disabled for PPS method.
Current PPS Rate:0.00002741 BTC

Yes, just set it up the user side. been testing with staff for a few days to be sure it all works Smiley
Had a fair few inquiries - thought we might offer PPS and see how it goes Smiley

For ease and to keep DGM stats correct we have created a dummy user "PPS" this will show the total PPS hashrate for the pool.
legendary
Activity: 3583
Merit: 1094
Think for yourself
Web site looks slightly different this morning.  Doing PPS too now?
Sam
vip
Activity: 980
Merit: 1001
pretty bad actually... mostly around 64ms, then some up to 100ms.
I'm in Los Angeles, where's the server?
US server is in Dallas
EU in germany
legendary
Activity: 1795
Merit: 1208
This is not OK.
pretty bad actually... mostly around 64ms, then some up to 100ms.
I'm in Los Angeles, where's the server?
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
After disabling Namecoin log-polls and 12 hrs...
EMC 0.7-0.8
Oz: 1.7-1.9

:/

It got worse?!?  Does that percentage include NMC now?  It didn't used to.  Might ask ckolivas about that. 

The only other thing that I can think of is to disable sending stale shares and see what that does.
Sam
some people with fpga are doing better on port 8331, it is bitcoin only.
We will need to find some time to look into this, we have the same hardware mining on the same servers with very different stale rates
some people find turning aux longpolls off helps others find its worse

Just in reference to that Smiley

Firstly, I'm in Aus and thus mine on US (EU is a bad ping for me)

I mine on 8331 with a dual Icarus on one machine
That right now gives A:20414  R:51  HW:0  E:213%  i.e. 0.25%

On my GPU/BFL rig (again port 8331)
That right now gives:
BFL 0:  A:125432 R:1149 HW:0  i.e. 0.92%

GPU 0: A: 54923 R: 146 HW:0  i.e. 0.27%

GPU 1:  A: 56175 R: 124 HW:0  i.e. 0.22%

Soooooo ... that says you are using BFL's (yes I did write that before scrolling back to check your earlier posts)

The other problem (if 8331 doesn't fix it) could be bad ping time/distance to pool?
vip
Activity: 980
Merit: 1001
After disabling Namecoin log-polls and 12 hrs...
EMC 0.7-0.8
Oz: 1.7-1.9

:/

It got worse?!?  Does that percentage include NMC now?  It didn't used to.  Might ask ckolivas about that. 

The only other thing that I can think of is to disable sending stale shares and see what that does.
Sam
some people with fpga are doing better on port 8331, it is bitcoin only.
We will need to find some time to look into this, we have the same hardware mining on the same servers with very different stale rates
some people find turning aux longpolls off helps others find its worse


legendary
Activity: 3583
Merit: 1094
Think for yourself
After disabling Namecoin log-polls and 12 hrs...
EMC 0.7-0.8
Oz: 1.7-1.9

:/

It got worse?!?  Does that percentage include NMC now?  It didn't used to.  Might ask ckolivas about that. 

The only other thing that I can think of is to disable sending stale shares and see what that does.
Sam
legendary
Activity: 1795
Merit: 1208
This is not OK.
After disabling Namecoin log-polls and 12 hrs...
EMC 0.7-0.8
Oz: 1.7-1.9

:/
hero member
Activity: 956
Merit: 1001
Seem to be getting a reject rate of 1.2-1.4%
What are others getting?

As a comparison, on EMC I get 0.6-0.7%.
I have 4 BFLs on CGminer with load balancing between Ozcoin and EMC pool.

143934 shares (146 stales; 0.101%)
sr. member
Activity: 447
Merit: 250
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