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Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 170. (Read 837101 times)

legendary
Activity: 1680
Merit: 1014
Code:
252812 	2013-08-18 10:11 	0m 	167,109 	50,810,339 	0.3% 	17,088.755 	BTC 	Sailermin 	96 left

This is more like it.  Grin
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Hey doc...I'm having some problems with bitminter...I tried to setup a stratum server using stratum mining proxy (ran it using bitminters connection settings) and it never worked.  So I decided to change everything back and disable it.  Now my mining software states that Im mining from you at 80 MH/s but the site shows zero.  I havent gotten any bitcent in a few days and the payouts from bitminter seem to indicate that almost zero hashrate is comming back to you guys.


Im unable to use your java client because it fails to detect my fpgas correctly.  I've had to resort to using MPBM with your connection setings.  as of now I'm getting 103 MH/S but I should be able to easily pull a good 500 from you with the current load on my hardware.  Do you know why it would act lower than it should?  I used your pool exclusively but now I'm going to have to look at rollovers to ensure my hashing power is utilized.

Just seeking out any ideas.  I've done a software reset within my mining software but I will physically restart my computer which is hosting the software...do you have any advice or suggestions. 

80-100 MH/s is around the hashrate that the server doesn't reliably estimate. When you are mining that slow, the server sometimes thinks you stopped mining and shows zero hashrate.

Many in the pool are using the stratum mining proxy. I guess it is most likely a problem with the options you are using. Try what Turbor said. If it fails, how does it fail? Do you see any errors? The most common problem when users have been unable to get the proxy working has been wrong user name, worker name or password.

The BitMinter client doesn't support the ZTEX FPGAs. Are they all running slowly all the time? Or is one not working? Or perhaps the hashrate of all of them is fluctuating up and down?
legendary
Activity: 1022
Merit: 1000
BitMinter
Hey doc...I'm having some problems with bitminter...I tried to setup a stratum server using stratum mining proxy (ran it using bitminters connection settings) and it never worked.  So I decided to change everything back and disable it.  Now my mining software states that Im mining from you at 80 MH/s but the site shows zero.  I havent gotten any bitcent in a few days and the payouts from bitminter seem to indicate that almost zero hashrate is comming back to you guys.


Im unable to use your java client because it fails to detect my fpgas correctly.  I've had to resort to using MPBM with your connection setings.  as of now I'm getting 103 MH/S but I should be able to easily pull a good 500 from you with the current load on my hardware.  Do you know why it would act lower than it should?  I used your pool exclusively but now I'm going to have to look at rollovers to ensure my hashing power is utilized.

Just seeking out any ideas.  I've done a software reset within my mining software but I will physically restart my computer which is hosting the software...do you have any advice or suggestions. 

What's the problem with the stratum proxy ? Run it with "mining_proxy.exe -o eu1.bitminter.com -sp 3333 -gp 8332" then you just have to point the fpgas to http://127.0.0.1:8332 and all should be fine. You can use MPBM, cgminer or BTCMiner from Ztex if you use his boards.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
You're comparing BTC Guild's PPS fee/features to your PPLNS fee/features.  That's not a fair comparison when BTC Guild offers PPLNS.  BTC Guild PPLNS pays Orphans, TxFees, and Namecoins at 3%.  By your own statement, that would put the difference at 0.5% (assuming they are donating to get paid orphans).

Yes, in the PPLNS case it would be 0.5%

From what I understand some ASIC buyers are moving to PPS as security against the difficulty going up so fast, which could be said to increase variance or make the variance last considerably longer. I'm just saying that while it does protect you against bad mining luck, it has a considerable price tag.

I could make the same comparison between PPS and PPLNS mining at BTC Guild: 12% vs 3%.


Hey doc...I'm having some problems with bitminter...I tried to setup a stratum server using stratum mining proxy (ran it using bitminters connection settings) and it never worked.  So I decided to change everything back and disable it.  Now my mining software states that Im mining from you at 80 MH/s but the site shows zero.  I havent gotten any bitcent in a few days and the payouts from bitminter seem to indicate that almost zero hashrate is comming back to you guys.


Im unable to use your java client because it fails to detect my fpgas correctly.  I've had to resort to using MPBM with your connection setings.  as of now I'm getting 103 MH/S but I should be able to easily pull a good 500 from you with the current load on my hardware.  Do you know why it would act lower than it should?  I used your pool exclusively but now I'm going to have to look at rollovers to ensure my hashing power is utilized.

Just seeking out any ideas.  I've done a software reset within my mining software but I will physically restart my computer which is hosting the software...do you have any advice or suggestions. 
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
Hi,

Because of the recent difficulty jump, the variances on Bitminter would be quite large. A lot of our customers (about 80%) are new to bitcoin mining. They would not understand the month to month variances so we had to temporarily switch to the Guild for a while. In September we have 110 terahashes coming on-line. The variance would not affect us with that amount of power.

We are very much still working with bitminter. Right now we have to do what serves our customers until the larger majority of our hashing power comes on-line.

Thanks

Emmanuel

To me, this doesn't make sense. You will not be the only ones bringing fresh hashing power to the table in the next few months. So there is a possibility that the hash power proportionally per pool remains the same, when all the new "big" players come online. What I mean is that the % of hash power per pool might stay the same or similar. In other words if variance worries you, that your customers won't understand this basic part of mining, you always will have to stay with the biggest pool.

By staying with BitMinter you could have tried to make a difference.

I hope you understand what I'm trying to say.
hero member
Activity: 767
Merit: 500
BTC Guild pays namecoins and orphan blocks.  The difference isn't even close to 6%.

I'd forgotten btcguild pays namecoins.  I stand corrected.  0.5% difference isn't much really.

Will
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
You're comparing BTC Guild's PPS fee/features to your PPLNS fee/features.  That's not a fair comparison when BTC Guild offers PPLNS.  BTC Guild PPLNS pays Orphans, TxFees, and Namecoins at 3%.  By your own statement, that would put the difference at 0.5% (assuming they are donating to get paid orphans).

Yes, in the PPLNS case it would be 0.5%

From what I understand some ASIC buyers are moving to PPS as security against the difficulty going up so fast, which could be said to increase variance or make the variance last considerably longer. I'm just saying that while it does protect you against bad mining luck, it has a considerable price tag.

I could make the same comparison between PPS and PPLNS mining at BTC Guild: 12% vs 3%.
legendary
Activity: 1750
Merit: 1007
BTC Guild pays namecoins and orphan blocks.  The difference isn't even close to 6%.

If someone is looking to be safe from variance by using PPS on BTC Guild that's 7.5% fee + 1.5% transaction fee income lost + 3% namecoin income lost = 12% versus the 2.5% on BitMinter (including donation for paid orphans).

I'm not saying charging so much is wrong. PPS is very dangerous for a pool. 12% is just what you have to pay for insurance against variance.

Is Deepbit still 10% fee on PPS? That's not better, because you have to remember the transaction fees and namecoins. The total then is 14.5% which is considerably more than BTC Guild.


You're comparing BTC Guild's PPS fee/features to your PPLNS fee/features.  That's not a fair comparison when BTC Guild offers PPLNS.  BTC Guild PPLNS pays Orphans, TxFees, and Namecoins at 3%.  By your own statement, that would put the difference at 0.5% (assuming they are donating to get paid orphans).
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
BTC Guild pays namecoins and orphan blocks.  The difference isn't even close to 6%.

If someone is looking to be safe from variance by using PPS on BTC Guild that's 7.5% fee + 1.5% transaction fee income lost + 3% namecoin income lost = 12% versus the 2.5% on BitMinter (including donation for paid orphans).

I'm not saying charging so much is wrong. PPS is very dangerous for a pool. 12% is just what you have to pay for insurance against variance.

Is Deepbit still 10% fee on PPS? That's not better, because you have to remember the transaction fees and namecoins. The total then is 14.5% which is considerably more than BTC Guild.
legendary
Activity: 1750
Merit: 1007

Hi,

Because of the recent difficulty jump, the variances on Bitminter would be quite large. A lot of our customers (about 80%) are new to bitcoin mining. They would not understand the month to month variances so we had to temporarily switch to the Guild for a while. In September we have 110 terahashes coming on-line. The variance would not affect us with that amount of power.

We are very much still working with bitminter. Right now we have to do what serves our customers until the larger majority of our hashing power comes on-line.

Thanks

Emmanuel

if I was a cloudhashing customer, I would be upset that my hashing power was not being used to best purpose - since BitMinter will give, on average, over time, the best return on hash rate as it pays out +2.98% on namecoin (source) with a 1% fee, vs a 3% fee on btcguild - meaning 1.0298 / 0.97 = 6% improvement.

Will

BTC Guild pays namecoins and orphan blocks.  The difference isn't even close to 6%.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
BitMinter in the news: http://www.youtube.com/watch?v=LC3ZHRF_8kQ&t=19m13s

They should have talked to BFL about borrowing a Jalapeno though, instead of CPU + Intel HD 4000 mining. Wink
hero member
Activity: 767
Merit: 500

Hi,

Because of the recent difficulty jump, the variances on Bitminter would be quite large. A lot of our customers (about 80%) are new to bitcoin mining. They would not understand the month to month variances so we had to temporarily switch to the Guild for a while. In September we have 110 terahashes coming on-line. The variance would not affect us with that amount of power.

We are very much still working with bitminter. Right now we have to do what serves our customers until the larger majority of our hashing power comes on-line.

Thanks

Emmanuel

if I was a cloudhashing customer, I would be upset that my hashing power was not being used to best purpose - since BitMinter will give, on average, over time, the best return on hash rate as it pays out +2.98% on namecoin (source) with a 1% fee, vs a 3% fee on btcguild - meaning 1.0298 / 0.97 = 6% improvement.

Will
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
Where did cloudhashing go ?!
WhitePhantom we need you back in !

Where DID cloudhashing go?  Haven't seen them at Bitminter for a couple of days.  Have they moved to a different pool?  I have contracts with them so am curious as to whether they're actually operational, or not.


Hi,

Because of the recent difficulty jump, the variances on Bitminter would be quite large. A lot of our customers (about 80%) are new to bitcoin mining. They would not understand the month to month variances so we had to temporarily switch to the Guild for a while. In September we have 110 terahashes coming on-line. The variance would not affect us with that amount of power.

We are very much still working with bitminter. Right now we have to do what serves our customers until the larger majority of our hashing power comes on-line.

Thanks

Emmanuel

Thanks for letting us know. So in September we can give the Guild a run for biggest slice of the pie.
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Where did cloudhashing go ?!
WhitePhantom we need you back in !

Where DID cloudhashing go?  Haven't seen them at Bitminter for a couple of days.  Have they moved to a different pool?  I have contracts with them so am curious as to whether they're actually operational, or not.


Hi,

Because of the recent difficulty jump, the variances on Bitminter would be quite large. A lot of our customers (about 80%) are new to bitcoin mining. They would not understand the month to month variances so we had to temporarily switch to the Guild for a while. In September we have 110 terahashes coming on-line. The variance would not affect us with that amount of power.

We are very much still working with bitminter. Right now we have to do what serves our customers until the larger majority of our hashing power comes on-line.

Thanks

Emmanuel
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
Rather newbie question - I've got 2 PCs each running some USB ASICs, and the Bitminter client pointing to the same account. Is there a problem with this set up, I don't seem to be getting the sort of output I'd hoped for?

Perhaps I'm just being impatient. Both machines show 'Approx. mint speed' as 0.04, so that ought to be 0.08 altogether.

Im keen to know this too.

Did you create two workers?
newbie
Activity: 14
Merit: 0
Where did cloudhashing go ?!
WhitePhantom we need you back in !

Where DID cloudhashing go?  Haven't seen them at Bitminter for a couple of days.  Have they moved to a different pool?  I have contracts with them so am curious as to whether they're actually operational, or not.
sr. member
Activity: 243
Merit: 250
Rather newbie question - I've got 2 PCs each running some USB ASICs, and the Bitminter client pointing to the same account. Is there a problem with this set up, I don't seem to be getting the sort of output I'd hoped for?

Perhaps I'm just being impatient. Both machines show 'Approx. mint speed' as 0.04, so that ought to be 0.08 altogether.

Im keen to know this too.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
I have a 3/31 Jalapeno that I did recently upgrade to 7 and I'm pretty sure by the time it gets to me I might be able to use it to warm a mug of coffee. That was a serious jump and we currently seem to be without WhitePhantom and CloudHashing  Undecided

As there are a few on Ebay now put some numbers on here http://mining.thegenesisblock.com/a/190e4d4536 (numbers for the 5.5 at list price and last months difficulty increase.)

At current difficulty increase a coffee warmer by March 2014. So I think that must mean that difficulty should stabilize before then as there will be no point anyone buying an ASIC.
Hmm, that page has all the larger BFL SCs wrong ...
4.5 not 6.0 W/GH
legendary
Activity: 1540
Merit: 1002
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Upgrading the server now - may cause a minute or two of downtime.

Ready for testing idle worker notifications. If you'd like to take part leave a message using the "contact" page on the website while you are logged in. I'll need to know each worker name and which hashrate threshold in MH/s you would like to use. You'll get an email if the worker drops below the selected threshold hashrate. As you have seen the server cannot accurately estimate your hashrate, so try a hashrate 25% or so below your normal hashrate.

After a few days of testing I should have something on the website to use for selecting the idle threashold and activating/deactivating idle worker notifications.

Add [email protected] to your address book and/or antispam whitelist to ensure you can receive the mails.
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