3 blocks in little over a day.
Look again. ITs 4 blocks in 24 hours now. Actually in less than 12 hours. Gotta be a record.
Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 340. (Read 837101 times)
January 01, 2012, 11:35:06 AM
Look again. ITs 4 blocks in 24 hours now. Actually in less than 12 hours. Gotta be a record.
January 01, 2012, 10:22:48 AM
3 blocks in little over a day. I am liking that. However I no longer makeup 20% of the pool. Good the pool is growing but I liked pulling down a solid 10 BTC per block.
January 01, 2012, 10:16:57 AM
Yes, very lucky start on the new year. Let's hope it continues this way.
Happy new year! And congrats on your first bitcoin block, Turbor!
Happy new year! And congrats on your first bitcoin block, Turbor!
January 01, 2012, 08:46:33 AM
Happy new year everyone. Looks like we had a good start. Found my first block... finally
December 30, 2011, 05:36:03 PM
Thanks for clarifying this.
December 30, 2011, 04:58:58 PM
Hey mackminer, nice to see some bigger miners at bitminter. DrHaribo should know best about payout. When i was mining at EMC we often had 4000000+ share blocks. Since we are that small, it takes a while to mine down such a block.
Edit: here is the payout for the last block https://bitminter.com/block/btc/159569 looks ok to me ?!
Edit: here is the payout for the last block https://bitminter.com/block/btc/159569 looks ok to me ?!
"Successful minting by: DeathAndTaxes" BOOYAH
As far as the payout. Remember PPLNS is subject to "luck variance". If you contribute 10% of hashing power then you get 10% of the rewards. If that ends up being 3 blocks in one day that is 50*3*10% = 15 BTC per day. If that ends up being one block in 3 days 50/3*10% = 1.67 BTC
Those are pretty much the two extremes I have seen. In the long run you will earn 10% of what the pool earns and that works out to ~1 BTC per GH per day (at current difficulty).
December 30, 2011, 01:31:22 PM
Hey mackminer, nice to see some bigger miners at bitminter. DrHaribo should know best about payout. When i was mining at EMC we often had 4000000+ share blocks. Since we are that small, it takes a while to mine down such a block.
Edit: here is the payout for the last block https://bitminter.com/block/btc/159569 looks ok to me ?!
Edit: here is the payout for the last block https://bitminter.com/block/btc/159569 looks ok to me ?!
December 30, 2011, 01:23:46 PM
Hi,
Can anyone tell me why my expected payout per block is really low on my account at about 5?
A block hasn't been found in 2 days now and I'm consistently contributing about 10% of the hashing power of the pool.
Thanks.
Can anyone tell me why my expected payout per block is really low on my account at about 5?
A block hasn't been found in 2 days now and I'm consistently contributing about 10% of the hashing power of the pool.
Thanks.
10% of the hashing power would result in 10% of the block reward, being around 5?
edit: and yes, we are having an unlucky block again. On a good day we should find 2 or 3.
December 30, 2011, 01:16:08 PM
Hi,
Can anyone tell me why my expected payout per block is really low on my account at about 5?
A block hasn't been found in 2 days now and I'm consistently contributing about 10% of the hashing power of the pool.
Thanks.
Can anyone tell me why my expected payout per block is really low on my account at about 5?
A block hasn't been found in 2 days now and I'm consistently contributing about 10% of the hashing power of the pool.
Thanks.
December 30, 2011, 04:33:39 AM
https://bitminter.com/members/workers:
21,021 accepted, 56 rejected
cgminer status line:
21,218 accepted, 18 rejected
21,021 accepted, 56 rejected
cgminer status line:
21,218 accepted, 18 rejected
The server is telling the miner that the share is rejected only if it is rejected on both chains (bitcoin and namecoin). I agree this is confusing. Better to report accept/reject to miner based on the bitcoin chain only, perhaps?
Difficulty: "The chance that a proof of work will create a block is 1 divided by the difficulty. ..."
Accepted: "Proofs of work that would create a block at difficulty 1. Most will not actually create a block but serve as a measure of the amount of work done by each user."
Going by that, 100% of proofs of work would create a block at difficulty 1.
Accepted: "Proofs of work that would create a block at difficulty 1. Most will not actually create a block but serve as a measure of the amount of work done by each user."
Going by that, 100% of proofs of work would create a block at difficulty 1.
Yes, if the bitcoin difficulty was 1 then every proof of work you send to the pool (that is not stale/rejected) would create a new block. The bitcoin difficulty is much higher than 1, though.
December 29, 2011, 12:45:51 PM
Also... what does "CDF" stand for on the BitMinter live stats page?
If you mouse over "CDF" it gives an explanation. See also: http://en.wikipedia.org/wiki/Cumulative_distribution_functionThanks. I noticed the dotted underlines and tried to get the hover tips before posting my previous but I guess I didn't hover long enough.
Now I notice that the hover-tip definition of Difficulty must be incorrect:
Difficulty: "The chance that a proof of work will create a block is 1 divided by the difficulty. ..."
Accepted: "Proofs of work that would create a block at difficulty 1. Most will not actually create a block but serve as a measure of the amount of work done by each user."
Going by that, 100% of proofs of work would create a block at difficulty 1.
Alas, en.bitcoin.it is currently down and I don't know where else to look for a definition of difficulty.
December 29, 2011, 11:56:26 AM
Also... what does "CDF" stand for on the BitMinter live stats page?
If you mouse over "CDF" it gives an explanation. See also: http://en.wikipedia.org/wiki/Cumulative_distribution_function December 29, 2011, 10:52:16 AM
During my first BitMinter session, about 12 hours in:
https://bitminter.com/members/workers:
21,021 accepted, 56 rejected
cgminer status line:
21,218 accepted, 18 rejected
Any thoughts on the big difference in rejected count?
Also... what does "CDF" stand for on the BitMinter live stats page?
Thanks...
https://bitminter.com/members/workers:
21,021 accepted, 56 rejected
cgminer status line:
21,218 accepted, 18 rejected
Any thoughts on the big difference in rejected count?
Also... what does "CDF" stand for on the BitMinter live stats page?
Thanks...
December 25, 2011, 07:18:15 PM
Welcome back, Turbor and the others who returned
Quick update on the website:
In other news, v1.1.0 of the BitMinter miner is out: https://bitcointalksearch.org/topic/m.662061
And also, today we have 1500 members
Quick update on the website:
- You can now add multiple OpenID identities to your bitminter account, go to My Account->Logins in the menus
- Account balances again shown at the top of the transactions list. This had accidentally disappeared after the changes to how balances are shown on the "account details" page
- Fixed block and shift timestamps on the full-page livestats page to be UTC timezone like all other timestamps on the website
- Fixed full-page livestats sometimes playing the "new block" sound when there was no new block
In other news, v1.1.0 of the BitMinter miner is out: https://bitcointalksearch.org/topic/m.662061
And also, today we have 1500 members
December 24, 2011, 10:37:48 AM
December 16, 2011, 03:17:49 PM
And you also finally re-enabled the block finding cheat
Yeah, the cheat is a bit flaky. Kinda like this car (il tempo gigante) http://www.youtube.com/watch?v=d5ShwTIhGyw
December 16, 2011, 01:53:21 PM
And you also finally re-enabled the block finding cheat
December 13, 2011, 01:57:16 PM
We are back up again
December 13, 2011, 01:49:47 PM
The datacenter hosting the BitMinter server is having an outage right now. Let's hope it will be short.
December 10, 2011, 09:31:48 AM
You can send any coin to an exchange and there buy the coins you want
The one i use the most is BTC-E where i do change litecoin and namecoin into bitcoin
The one i use the most is BTC-E where i do change litecoin and namecoin into bitcoin
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