[1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 175.

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

Quote from: ||bit on August 13, 2013, 08:36:04 AM

Quote from: SgtSpike on August 13, 2013, 03:19:43 AM

Quote from: ||bit on August 13, 2013, 03:12:33 AM

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently. 20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator: http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

Yep. Correction is needed. It is 144 blocks per day. Thanks. That comes out to 7.2 blocks/day for BitMinter at 5% of network hash rate. I'm not going by difficulty, but network hash rate because network hash rate is calculated more often (I think) if not more applicable to current variables. I could be wrong.

Yeah, right, I made my post coz I didn't know what I was talking about Tongue

lano1106

member

Activity: 112

Merit: 10

Quote from: DrHaribo on August 13, 2013, 09:30:29 AM

Quote from: kano on August 13, 2013, 08:10:30 AM

So I'm just curious ... any special reason why stratum nonce2 is 6 bytes on bitminter?

To support sub-pools.

Is this a feature available to all or only for special cases? (ie: like when AsicMiner used bitminter)

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: westkybitcoins on August 13, 2013, 08:43:30 AM

Quote from: ||bit on August 13, 2013, 08:36:04 AM

Quote from: SgtSpike on August 13, 2013, 03:19:43 AM

Quote from: ||bit on August 13, 2013, 03:12:33 AM

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently. 20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator: http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

Yep. Correction is needed. It is 144 blocks per day. Thanks. That comes out to 7.2 blocks/day for BitMinter at 5% of network hash rate. I'm not going by difficulty, but network hash rate because network hash rate is calculated more often (I think).

It is calculated more often, but it is not relevant until the next difficulty adjustment.

When the math is done by miners trying to make blocks, they only look at the difficulty. It is the frequency of published blocks that people use to determine what the network hash rate is... it is not some accurate snapshot of the network's mining power, but rather an estimate (if everyone was having bad luck, the network hash rate would be calculated as being lower than it really was.)

Currently, the network is finding over 9 blocks an hour, but that is not (yet) in any way hindering us from finding any blocks. Everyone continues to find them at the current difficulty.

yeah difficulty is what matters. think of difficulty of 37 mill as a wheel of fortune you spin. it has 37 mill slots only one wins. our hash of 20th it how many times we can spin that wheel. in a given period of time

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Quote from: lano1106 on August 12, 2013, 11:00:55 PM

There seem to be a compatibility problem with bitminter and the latest cgminer 3.3.3 version. I keep getting this message from bitminter pool:

Seems there is already a fix for this.

Quote from: kano on August 13, 2013, 08:10:30 AM

So I'm just curious ... any special reason why stratum nonce2 is 6 bytes on bitminter?

To support sub-pools.

Quote from: Degenerate on August 12, 2013, 11:58:35 PM

I've been running 10 USB sticks constantly, I've noticed my balance hasn't changed in the last 14hrs, why is this? Thanks!

Bad luck - it happens.

westkybitcoins

legendary

Activity: 980

Merit: 1004

Firstbits: Compromised. Thanks, Android!

Quote from: ||bit on August 13, 2013, 08:36:04 AM

Quote from: SgtSpike on August 13, 2013, 03:19:43 AM

Quote from: ||bit on August 13, 2013, 03:12:33 AM

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently. 20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator: http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

Yep. Correction is needed. It is 144 blocks per day. Thanks. That comes out to 7.2 blocks/day for BitMinter at 5% of network hash rate. I'm not going by difficulty, but network hash rate because network hash rate is calculated more often (I think).

It is calculated more often, but it is not relevant until the next difficulty adjustment.

When the math is done by miners trying to make blocks, they only look at the difficulty. It is the frequency of published blocks that people use to determine what the network hash rate is... it is not some accurate snapshot of the network's mining power, but rather an estimate (if everyone was having bad luck, the network hash rate would be calculated as being lower than it really was.)

Currently, the network is finding over 9 blocks an hour, but that is not (yet) in any way hindering us from finding any blocks. Everyone continues to find them at the current difficulty.

||bit

hero member

Activity: 924

Merit: 506

Quote from: SgtSpike on August 13, 2013, 03:19:43 AM

Quote from: ||bit on August 13, 2013, 03:12:33 AM

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently. 20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator: http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

Yep. Correction is needed. It is 144 blocks per day. Thanks. That comes out to 7.2 blocks/day for BitMinter at 5% of network hash rate. I'm not going by difficulty, but network hash rate because network hash rate is calculated more often (I think) if not more applicable to current variables. I could be wrong.

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

So I'm just curious ... any special reason why stratum nonce2 is 6 bytes on bitminter?
Does bitminter expect anyone to have something like 600,000TH/s mining in a single work item?

If stratum nonce2 was 4 bytes, although you only really need 30 seconds, you could hash for a day from a single work item with 213.5TH/s
30 seconds (the norm) allows for 614,891TH/s
nonce2 size 6 allows for up to 156,182,433TH/s per work item for 30s

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

Quote from: SgtSpike on August 13, 2013, 03:19:43 AM

Quote from: ||bit on August 13, 2013, 03:12:33 AM

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently. 20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator: http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

You don't use the network rate, that rises (and falls) over the two weeks of a static difficulty, you use the network difficulty.
Current difficulty is 37,392,766.13647456, so the pool should find (on average) one block every 37,392,766 1diff shares submitted until the difficulty changes.

That represents 37,392,766.1364745 x 2^32 hashes.

If the pool is 20TH then it is divide that by 20*10^12 ... = 8030 seconds

So expect to find a block on average every 2hr 13min 50s

Or 10.76 blocks on average a day.

Nemo1024

legendary

Activity: 1680

Merit: 1014

Quote from: GoMaD on August 13, 2013, 03:39:52 AM

18h 01m - and done.. Thanks zionj

Yay. This mastodon was the payment for the 1 minute block: Cheesy

251484 2013-08-11 06:36 1m 399,022 37,392,766 1.1% 17,487.617 BTC 0000

EDIT: And we are over 85% again, while BTCGuild has already found29 blocks today. It also looks like we are down on luck in NMC...

GoMaD

member

Activity: 74

Merit: 15

18h 01m - and done.. Thanks zionj

SgtSpike

legendary

Activity: 1400

Merit: 1005

Quote from: ||bit on August 13, 2013, 03:12:33 AM

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

Isn't it 144 blocks/day (at 6 per hour)?

I calculated it differently. 20 TH/s at the current difficulty calculates out to 268 BTC/day using this web calculator: http://www.alloscomp.com/bitcoin/calculator

Therefore, we should be finding, on average, 10-11 blocks per day.

||bit

hero member

Activity: 924

Merit: 506

Bitminter is about 20TH. Network is 400TH. 400 / 20 = 20. Therefore Bitminter has a 1/20 chance of finding a block. Statistically, BM should find 5% of 124, or about 6.2 Blocks/Day (currently).

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

100,000 shares for a block? meh, bad luck
150,000 shares?? must be really bad luck (went back 40 pages on the block history, never found a block over 150K)

278,000 shares? I begin to think something might be broken...

I'm certain that there will probably be a string of 10 blocks in less than 10 hours after this monster... but it's just so far above normal, like double the previous worst case scenario.

polarhei

sr. member

Activity: 462

Merit: 250

Firing it up

Number will be sum up to At least 120Th/s later on, There the fun begins.

Nemo1024

legendary

Activity: 1680

Merit: 1014

Has there been only one (and soon none) block in the confirmation queue at all?

Anyway, hang in there, everyone. It should average out over time...

SgtSpike

legendary

Activity: 1400

Merit: 1005

We won the wrong lottery guys... CDF of 99.9%!!

Nemo1024

legendary

Activity: 1680

Merit: 1014

Quote from: WhitePhantom on August 12, 2013, 10:07:21 PM

The luck today blows...Somebody save us!

Umm... You are usually the one to do that Wink

eestimees

hero member

Activity: 651

Merit: 500

any idea why bitminter 1.4.0 and beta 1.4.1 went blind on bfl jalapeno on easypeasy linux? At first is was detected and hashing well, suddenly bitminter java client lost it.. when I try different usb's or put usb hub in-between, still nothing.. looking at dmesg or lsusb I see my jally.. a few usb erupters are working perfectly on the same pc. also jalapeno work perfectly under osx bitminter java client..

so strange as i had done no update nor configuration changes..

xstr8guy

hero member

Activity: 784

Merit: 1004

Glow Stick Dance!

Quote from: Degenerate on August 12, 2013, 11:58:35 PM

I've been running 10 USB sticks constantly, I've noticed my balance hasn't changed in the last 14hrs, why is this? Thanks!

Because we're having terrible luck. We haven't found a block in almost 15 hours.

Maybe it's your fault. Wink

wot_guppy

newbie

Activity: 8

Merit: 0

Quote from: ironfalcon on August 12, 2013, 11:19:46 PM

Quote from: WhitePhantom on August 12, 2013, 10:07:21 PM

The luck today blows...Somebody save us!

I cranked up my Avalon a bit, maybe the extra few watts will find us a block Cheesy

I got my mighty 2.3Gh/s going for all its worth!
Cheesy

-gupgup

Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 175. (Read 837101 times)