Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 90. (Read 837175 times)

What pool is Discus Fish 

Look for ASICMiner USB Block Erupter somewhere second hand. They are no longer made. The Antminers are still relatively expensive but will do better, unless you can get 5 block erupters cheap.
It is unlikely that either will pay for themselves, but they should pay for the electricity. They will give you a good introduction to what a 30% increase in difficulty really means.

About blockchain.info showing too many Bitminter blocks, let me put it this way, I have sometimes seen their site get something right, but it's not often.

I emailed them about the problem, but they didn't reply.

According to them Deepbit is still finding several blocks per day, and half of P2pool's blocks are made by Bitminter. It would be funny if it wasn't confusing so many people.

TL;DR: blockchain.info data is usually wrong. Use this instead: http://blockorigin.pfoe.be/


Sounds like a network issue. When it cleared up the client grabbed a lot of work. Wouldn't have expected quite that much though. Also I've never seen it run at half hashrate like that after a network issue. Thanks for the report.


The website estimates your hashrate based only on accepted work. If you have a lot of rejected work or miscalculations (hardware errors) then that can explain the difference.


You'll need ASICs of course, to beat the electricity expenses. I think block erupter can still do that, but I guess it depends on your electricity prices. They can be hard to get at a price where you have a chance to break even, though. Run some scenarios through a bitcoin mining calculator before you decide what you want to pay for one. Or if you just want to try out mining and breaking even isn't that important, a cheap device like that should fit the bill.

evening all

some advise will be greatly appreciated please.
Ive been looking at the possibility of BTC mining but dont really have the funds to buy expensive equipment.
Really like the easy to use interface of BitMinter so am very keen to try this but wanted to know whats the minimum hash rate I need to be outputting to see some sort of return after electricity etc?
Would starting off with say a usb block erupter at 333 be ok or should I at least go for the one that gives around 1.6? The USB miners appeal to me more due to space issues.
many thanks

Not sure if it was just me or not but at 11am EST my Bitminter ran out of work. I then somehow ended up with over 1000000 work units queued up but my hash rate was halved. I let it go for about a minute but it never normalized so I just restarted Bitminter and everything seems fine now.

One question I do have though is that Bitminter usually tells me I'm running at between 98-101 Ghs. When I look at the shifts they're reporting between 89-94. Any insight on the difference?

Blockchain.info data is not always correct - it can show blocks relayed, not mined. You can find plenty of theads about this issue if you search.

Where are the BitMinter-solved blocks (according to blockchain.info)

281690 (Main Chain)   2014-01-21 13:52:18   000000000000000168e9d44e5bb006b700c2c68b6836366bf308fd9bce329fe9
281522 (Main Chain)   2014-01-20 16:03:57   00000000000000010420879cfe8f8fea91dc77252b1351d5dfa9b8203f17b582
281521 (Main Chain)   2014-01-20 15:55:58   00000000000000002711dd1277d53bba994b124060b795271ac153811be2cbe6

They are visible on blockchain.info but they do not appear on the bitminter site:

https://bitminter.com/blocks

Is bitminter keeping half of the blocks or what?

Just a question

is it normal that blockchain.info is showing blocks found by bitminter , that aren`t showing up on the bitminter website itself ?


blocks 281690 & 281522 & 281521

https://blockchain.info/nl/blocks/BitMinter


https://bitminter.com/blocks

It's based on what percentage of the work in the last 10 shifts was done by you. This was a routing error that affected some users and not others, so the few minutes it lasted it had some users mining and others not. This shouldn't affect things noticeably though if you are otherwise mining 24/7 since it was rather short. Some users took a while to switch back from their backups pools though.

To be exact the payouts are not calculated based on accepted proofs of work, but by score. Score = accepted proofs of work divided by difficulty. This slight complication is necessary to make the reward system completely safe from pool hopping during difficulty changes.

Hey Doc, when all/most miners get disconnected, the hash rate drops, and our shift is affected.  Wouldn't everyone's shift get affected equally with the estimated earnings per block remaining about the same?  It seems that when connectivity fails, and you have a poor work shift in the middle, it affects your overall earnings disproportionately to what the effective hash rate of everyone was during that particular shift.

For example, you have 10 shifts, with one about 50% hash rate as all the others.  Well, during an outage, everyone's shift should be affected equally.  However, it seems that the estimated earnings are based upon the overall current hash rate in effect, not the hash rate during a particular shift.

Sorry for the delay, yes, working again. I was preoccupied with work....

Now if we can just get more fast blocks!  I increased my mining power by more than 6 times just in time for this string of long blocks...  I really need to get some red underwear.


Korxax


1NtV1q29FtRAYAkMJHMYbASZLiLur2FQe

Reason for the bumpy ride we had:

It was a network issue that caused the majority of users to be unable to connect for a few minutes. Looks like we were down to 100 TH/s or so and the website was included in that so live stats went down as well. As data center engineers routed around the problem we came back to normal.

Back up, thanks!


Korxax


1NtV1q29FtRAYAkMJHMYbASZLiLur2FQe

Still? Or working now?

Not looking good here either... I get

Communication error, HTTP status code 500

When I use the bitminter client 1.4.3

and if any one wants to donate to me...


1FnzhELFFT5BEbEpQsKyA6dRTPUuZa2EZE

Not sure what that was. Miners unable to connect for a few minutes. Could have been a short network outage. Everything was working before I could look at it.

Apologies for that.

Same here.  All miners disconnected.


Korxax

1NtV1q29FtRAYAkMJHMYbASZLiLur2FQe

Seems I just lost connection to the pool. Anything going on?

EDIT: Things are kicking back online now.

Website updated today. Transaction history got a new details/summary filter and also export to CSV file.

Let me know if you are happy or unhappy with how it works.

I may add more file formats in the future, but there is a lot of software that can eat CSV files.