Just added some commands for MintBot in the IRC chat room: !help !mtgox !hashrate. More to come later. But have some more important things to implement first.
And yes, a solution for pesky namecoins will come too.
Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 303. (Read 837101 times)
August 04, 2012, 06:01:30 PM
August 04, 2012, 12:53:39 PM
Are there any plans to add namecoin to bitcoin direct conversion?
There are plans to add something along those lines. I can't promise when, though.
+10
August 04, 2012, 12:18:46 PM
Are there any plans to add namecoin to bitcoin direct conversion?
There are plans to add something along those lines. I can't promise when, though.
August 04, 2012, 11:51:54 AM
BitMinter client 1.3.0beta3 is out: https://bitcointalksearch.org/topic/m.1078163
And thank you for your support.
Very nice to see the pool growing!
Thanks to DrHaribo for making an awesome pool! 
And thank you for your support.
Very nice to see the pool growing!
August 04, 2012, 10:22:15 AM
BitMinter.com is an awesome pool. You can see me in the stats with 2 mini rigs mining on the pool full time.
Thanks to DrHaribo for making an awesome pool!
Thanks to DrHaribo for making an awesome pool!
August 04, 2012, 09:57:29 AM
Okay I still don't get it, because they dont know which pool will get a reward and how soon
If you know a proportional pool's current round is long, then you know payout will be very bad, so avoid it.
If you know a proportional pool's current round just started, there's a chance of very high payout, so give it a try, but leave before the round gets too long.
This is why proportional pools try to hide their round information.
regular miners are learning they are not getting full value and move to pools with fair payout systems
August 04, 2012, 09:25:16 AM
Okay I still don't get it, because they dont know which pool will get a reward and how soon
If you know a proportional pool's current round is long, then you know payout will be very bad, so avoid it.
If you know a proportional pool's current round just started, there's a chance of very high payout, so give it a try, but leave before the round gets too long.
This is why proportional pools try to hide their round information.
August 04, 2012, 09:22:21 AM
Try starting here: http://howtohop.blogspot.com.au/2012/03/how-to-hop-5-back-to-basics.html
August 04, 2012, 09:10:56 AM
Okay I get it now. A round is just what it takes to find the next block reward
if you submit shares early i the round and reward found, you have a higher percent of all submitted shares
No your percentage would just be the percentage of your hashrate to the pool. The profit lays in the fact you on average spend more shares in short (profitable) rounds than long rounds. So you win more on the short rounds than you lose on the long rounds. for non stop miners, assuming the pool isnt hopped, that would even out.
Okay I still don't get it, because they dont know which pool will get a reward and how soon
August 04, 2012, 09:08:09 AM
Okay I get it now. A round is just what it takes to find the next block reward
if you submit shares early i the round and reward found, you have a higher percent of all submitted shares
No your percentage would just be the percentage of your hashrate to the pool. The profit lays in the fact you on average spend more shares in short (profitable) rounds than long rounds. So you win more on the short rounds than you lose on the long rounds. for non stop miners, assuming the pool isnt hopped, that would even out.
August 04, 2012, 09:06:28 AM
Isn't it just a game of luck, what skill would be involved for pool hopping? I'm guessing, hopping to pools that have the highest hashrate?
No, you want to hop to pools (with a flawed payout system like proportional) when they are early in their round. Think of it like this; if you would switch to a proportional pool that is on a 10M share round, the best you can hope for at that point is ~20% PPS if they hit a block shortly after. It could be a lot worse even if that block takes even longer. So youd have to be nuts to hop there. What poolhoppers do is avoid these pools and instead try to mine when the pool just started a new round. Now you could get unlucky and the round might last 10M shares, not that you would mine there that long, but you could hit the jackpot as well on short rounds. Overall, its nicely profitable. Or so I hear
.If you want details, here is a good read:
https://bitcoil.co.il/pool_analysis.pdf
Bitminter uses PPLNS payout system which can not be hopped profitably. Well, you can always get lucky, but it would just be that, luck. Payout is determined by future luck, not past luck like proportional pools. If you cant predict the future, then in the long run there is nothing to gain or lose from hopping it.
Okay I get it now. A round is just what it takes to find the next block reward
if you submit shares early i the round and reward found, you have a higher percent of all submitted shares
August 04, 2012, 09:02:23 AM
Isn't it just a game of luck, what skill would be involved for pool hopping? I'm guessing, hopping to pools that have the highest hashrate?
No, you want to hop to pools (with a flawed payout system like proportional) when they are early in their round. Think of it like this; if you would switch to a proportional pool that is on a 10M share round, the best you can hope for at that point is ~20% PPS if they hit a block shortly after. It could be a lot worse even if that block takes even longer. So youd have to be nuts to hop there. What poolhoppers do is avoid these pools and instead try to mine when the pool just started a new round. Now you could get unlucky and the round might last 10M shares, not that you would mine there that long, but you could hit the jackpot as well on short rounds. Overall you spend relatively more shares on short than long rounds and its nicely profitable. Or so I hear
.If you want details, here is a good read:
https://bitcoil.co.il/pool_analysis.pdf
Bitminter uses PPLNS payout system which can not be hopped profitably. Well, you can always get lucky, but it would just be that, luck. Payout is determined by future luck, not past luck like proportional pools. If you cant predict the future, then in the long run there is nothing to gain or lose from hopping it.
August 04, 2012, 08:32:02 AM
What the heck is pool hopping?
Hmmm. Can't tell if serious.
Either way it's something you don't need to worry about if you mine here.
Isn't it just a game of luck, what skill would be involved for pool hopping? I'm guessing, hopping to pools that have the highest hashrate? for proportional
or hopping after difficulty rises to pools that didn't change difficulty yet? i dont know
August 04, 2012, 08:16:41 AM
What the heck is pool hopping?
Hmmm. Can't tell if serious.
Either way it's something you don't need to worry about if you mine here.
August 04, 2012, 08:14:50 AM
What the heck is pool hopping?
August 02, 2012, 10:21:29 AM
10-minute (4% CDF) and 2-minute (0.9% CDF) blocks for us this morning...Nice. WTG Fefox and benude!
August 02, 2012, 09:59:59 AM
Everyone using cgminer or BFGminer, please make sure you are running the latest version. A bug was fixed that could cause the miner to flood the server with getwork requests. It may have been the issue we had a couple weeks back.
sr. member
Activity: 266
Merit: 250
The king and the pawn go in the same box @ endgame
July 25, 2012, 08:32:59 PM
*sigh* Let's kill this block!
Edit: Thanks SgtSpike!
Haha, I seriously killed a block with my measly 380 MH/s? Awesome!Edit: Thanks SgtSpike!
I got lucky once on 100 M/hash s on my 4980...lmao
July 24, 2012, 07:43:21 PM
Thanks for reply. This is a must have. My mining rig is headless, I am using different devices to look at my stats. API for miners is really needed
July 24, 2012, 07:18:57 PM
Hello. I was looking on the page for API to get my workers stats. Are there any way to do it? I just found API for whole pool statistics. What's about separate stats per miner, where I can get it?
Still on my TODO list, this. You can see some such info in your browser if you are logged in. But this requires logging into the website. There will be an API to use to get this info instead, hopefully soon.
Haha, I seriously killed a block with my measly 380 MH/s? Awesome!
Winning!
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