Author

Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 249. (Read 837101 times)

legendary
Activity: 1022
Merit: 1000
BitMinter
What you say may be true but it has nothing to do with this pool. He will continue to roll in BTC no matter where he's mining. Sue him if you feel cheated.

The end of GLBSE changed everything. We should leave that out of here. He's been a loyal miner the last months.


wait...are you serious? a loyal miner?

he is using hardware paid for by others. and not paying the users that paid for it

of course he is a loyal miner he is rolling in the btc using other peoples hashpower


can you rethink what you just said there?
hero member
Activity: 896
Merit: 1000
The end of GLBSE changed everything. We should leave that out of here. He's been a loyal miner the last months.


wait...are you serious? a loyal miner?

he is using hardware paid for by others. and not paying the users that paid for it

of course he is a loyal miner he is rolling in the btc using other peoples hashpower


can you rethink what you just said there?
legendary
Activity: 1022
Merit: 1000
BitMinter
The end of GLBSE changed everything. We should leave that out of here. He's been a loyal miner the last months.
hero member
Activity: 896
Merit: 1000
I've never even heard of bitbond before.

Admitted scammer or alleged scammer? Legally binding agreement and his identity is known? If so, isn't there a better place to deal with this? I'll have a look at those links though. This is the first I hear of any of this.

I'm going by secondhand info (though it's from a forum "staff" member) that the mining is happening on your pool
https://bitcointalksearch.org/topic/m.1502746

theres a scam vote thread
https://bitcointalksearch.org/topic/poll-bitbond-amazingrando-136803

my scam claim
https://bitcointalksearch.org/topic/bitbond-amazingrando-140945

and a thread by the user himself
https://bitcointalksearch.org/topic/bitbond-update-and-request-for-feedback-141139

which outlines in his own words the numerous ways he is breaking the contract


he doesn't say "i'm a scammer!" but he outlines what and why he is doing which all goes against the contract


legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
I just got home from a trip to Sweden. Mailbox is full of support requests. And I have a lot going on at my other two jobs as well. So bear with me if things are a bit slow right now.

It has come to my attention that bitbond is mining at this pool
You do know he has stolen 95000 shares of 2mh since the first week of october (something like 6,000 btc) from users??

I've never even heard of bitbond before.

Doc, my personal thoughts are that if it is possible (that's a big if, I assume), amazingrando should be booted from the pool.  BitMinter has too great of a reputation to willingly allow an admitted scammer to continue as its biggest miner.
However, I will also support you if you decide that it is not the place of a pool operator to police the mining community.  That's a very valid argument.

Admitted scammer or alleged scammer? Legally binding agreement and his identity is known? If so, isn't there a better place to deal with this? I'll have a look at those links though. This is the first I hear of any of this.


Nice to see things moving forward at BFL. Smiley
hero member
Activity: 896
Merit: 1000
I'd just like to clarify - the alleged theft is from bitbond's creditors, not from other miners at BitMinter.

Yeah, sorry if it sounded any other way


Just that he is using crowd funded hardware to mine at this pool and not paying out the btc to the funders


He's not cheating the pool in anyway and probably making it money with that much hash power and I'm assuming the pool has some sort of fee or donation (sorry not to familiar with the pool)
donator
Activity: 2058
Merit: 1007
Poor impulse control.
It has come to my attention that bitbond is mining at this pool


You do know he has stolen 95000 shares of 2mh since the first week of october (something like 6,000 btc) from users??

See this thread https://bitcointalksearch.org/topic/bitbond-amazingrando-140945


After reading I'll be interested in if he is allowed to continue mining at your pool

I'd just like to clarify - the alleged theft is from bitbond's creditors, not from other miners at BitMinter.
sr. member
Activity: 348
Merit: 250
It has come to my attention that bitbond is mining at this pool


You do know he has stolen 95000 shares of 2mh since the first week of october (something like 6,000 btc) from users??

See this thread https://bitcointalksearch.org/topic/bitbond-amazingrando-140945


After reading I'll be interested in if he is allowed to continue mining at your pool
Wow...

Doc, my personal thoughts are that if it is possible (that's a big if, I assume), amazingrando should be booted from the pool.  BitMinter has too great of a reputation to willingly allow an admitted scammer to continue as its biggest miner.
However, I will also support you if you decide that it is not the place of a pool operator to police the mining community.  That's a very valid argument.

Sure, amazingrando makes it sound like he's well-intentioned and unlucky rather than a scammer, but he did breach their contract.  It sounds like the only people who didn't get screwed were the ones who had a physical, notarized contract.

When my dad went in on BFL gear with me, I told him up front that we may very well both lose money and that there were no guarantees.  It appears that amazingrando was not so wise when he tried to attract investors.
hero member
Activity: 896
Merit: 1000
It has come to my attention that bitbond is mining at this pool


You do know he has stolen 95000 shares of 2mh since the first week of october (something like 6,000 btc) from users??

See this thread https://bitcointalksearch.org/topic/bitbond-amazingrando-140945


After reading I'll be interested in if he is allowed to continue mining at your pool
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Currently does hashpower support VarDiff ?

From what I understand they do.
sr. member
Activity: 336
Merit: 250

I held back var diff for getwork to give hashpower.com a chance to support that first, that's why there was var diff only for GBT and Stratum at first.


Currently does hashpower support VarDiff ?

Regards
BitcoinOxygen
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Sorry about that, I am not an expert, not even trying to make "authoritative sounding responses", whatever it means Smiley For me, it was Stratum who changes my miner difficulty - same on BitMinter and same on p2pool, I though that's it's feature. On stratum proxy you have option --real-target to force diff1, otherwise it will be dynamic diff.

No worries. With the Stratum vs. GBT war going on there is a lot of misinformation and it is easy to get confused.

I held back var diff for getwork to give hashpower.com a chance to support that first, that's why there was var diff only for GBT and Stratum at first.
legendary
Activity: 1036
Merit: 1000
DARKNETMARKETS.COM
I'm using Stratum.

Increasing the diff level could cut the/my *outgoing* number of packets in half or by a fourth.

If you're using Stratum your bandwidth usage is already low, comparing to GetWork, which is still used by a lots of people. Diff on Stratum is sorted automatically based on your hashrate, to keep your bandwidth usage as same, low level, regardless of the hashing power. If you want to have static diff, changes has to be made to Stratum protocol itself, which may not be greatest idea, as it is working now as indented (dynamically).
"If you're using Stratum your bandwidth usage is already low, comparing to GetWork"
Yes, I know.

"Diff on Stratum is sorted automatically based on your hashrate"
No. This is not inherent to Stratum. This is how BitMinter is setting vardiff.

"If you want to have static diff, changes has to be made to Stratum protocol itself"
False. Again, this is not inherent to Stratum.

You are making authoritative sounding responses without fully understanding the subject matter.

Sorry about that, I am not an expert, not even trying to make "authoritative sounding responses", whatever it means Smiley For me, it was Stratum who changes my miner difficulty - same on BitMinter and same on p2pool, I though that's it's feature. On stratum proxy you have option --real-target to force diff1, otherwise it will be dynamic diff.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Small website update:

  • Added v1.3.1 under "tools" -> "bitminter client". Use it if you want to run v1.3.1 without auto updating. Auto update normally happens whenever you restart the client, if there is a new version available.
  • Show "your score" with 4 decimal places instead of 2 in the livestats, both under "current round" and "latest shifts"
  • Added new app under "tools" -> "third party apps": Bitcoin Mining Monitor, a Google Chrome extension
  • Added Phraust's API wrapper on the API page
  • Added franklin's API wrapper on the API page
sr. member
Activity: 476
Merit: 250
The server choosing the difficulty to go with the work it hands out is supported by all the mining protocols in use (Stratum, GBT, getwork).

Variable difficulty means that this difficulty is not a constant number. At BitMinter this is determined (at the moment) purely from the hashrate of your worker.

The lower difficulty on your work the more often you find proofs of work. Good thing is that it keeps your daily variance low. Bad side of it is adding to your outgoing bandwidth usage, the server's incoming bandwidth and the server's CPU load.

In the future I am thinking about letting users influence the difficulty by preference, within reason.

Yes.

"In the future I am thinking about letting users influence the difficulty by preference, within reason."

Thank you.

And I'm requesting the ability to specifically set a minimum diff. IOWs, a 'floor' diff. While the pool still preserves full ability / power to, defensively, dynamically, increase the in effect diff based on per miner hashrate.

Thanks for your consideration.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
The server choosing the difficulty to go with the work it hands out is supported by all the mining protocols in use (Stratum, GBT, getwork).

Variable difficulty means that this difficulty is not a constant number. At BitMinter this is determined (at the moment) purely from the hashrate of your worker.

The lower difficulty on your work the more often you find proofs of work. Good thing is that it keeps your daily variance low. Bad side of it is adding to your outgoing bandwidth usage, the server's incoming bandwidth and the server's CPU load.

In the future I am thinking about letting users influence the difficulty by preference, within reason.
sr. member
Activity: 476
Merit: 250
I'm using Stratum.

Increasing the diff level could cut the/my *outgoing* number of packets in half or by a fourth.

If you're using Stratum your bandwidth usage is already low, comparing to GetWork, which is still used by a lots of people. Diff on Stratum is sorted automatically based on your hashrate, to keep your bandwidth usage as same, low level, regardless of the hashing power. If you want to have static diff, changes has to be made to Stratum protocol itself, which may not be greatest idea, as it is working now as indented (dynamically).
"If you're using Stratum your bandwidth usage is already low, comparing to GetWork"
Yes, I know.

"Diff on Stratum is sorted automatically based on your hashrate"
No. This is not inherent to Stratum. This is how BitMinter is setting vardiff.

"If you want to have static diff, changes has to be made to Stratum protocol itself"
False. Again, this is not inherent to Stratum.

You are making authoritative sounding responses without fully understanding the subject matter.
legendary
Activity: 1036
Merit: 1000
DARKNETMARKETS.COM
I'm using Stratum.

Increasing the diff level could cut the/my *outgoing* number of packets in half or by a fourth.

If you're using Stratum your bandwidth usage is already low, comparing to GetWork, which is still used by a lots of people. Diff on Stratum is sorted automatically based on your hashrate, to keep your bandwidth usage as same, low level, regardless of the hashing power. If you want to have static diff, changes has to be made to Stratum protocol itself, which may not be greatest idea, as it is working now as indented (dynamically).
sr. member
Activity: 476
Merit: 250
I'm using Stratum.

Increasing the diff level could cut the/my *outgoing* number of packets in half or by a fourth.
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