Pages:
Author

Topic: [1050 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] - page 98. (Read 837101 times)

member
Activity: 71
Merit: 10
Yep - grim, grim, grim, over the last few days.
Still, luck is luck so hopefully we'll see some green on the stats and a few nice quick blocks soon.
newbie
Activity: 53
Merit: 0
On the bright side Bitcoin is headed back toward $1000!!!!! come on $10,000!!!
hero member
Activity: 630
Merit: 501
Ugh, last 3 days have been brutal with one thing and another, monster blocks, bitminter troubles, local troubles. Should be making about 0.07 BTC/day but 3 day total is 0.047 at bitminter, with only about another 0.03 at the backup pool.

I feel your pain! I am suffering the same. I have only made 0.05BTC yesterday out of the 0.1214BTC I should be making every day.
hero member
Activity: 518
Merit: 500
Hodl!
Ugh, last 3 days have been brutal with one thing and another, monster blocks, bitminter troubles, local troubles. Should be making about 0.07 BTC/day but 3 day total is 0.047 at bitminter, with only about another 0.03 at the backup pool.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Can somebody explain for me (or link to an explanation) the reason for the extra long shift that ended at 2014-01-03 02:10?  I understand some server moves have been going on ... were we down for awhile?  My bfgminer crashed at that time and I only submitted minimal work for that shift before I realized and came back up.

Yes, the data center outage caused mining to stop for a while and that's the reason we took longer to finish one of the shifts.

Try the latest version of bfgminer, hopefully the crashing when being disconnected is fixed.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
Can somebody explain for me (or link to an explanation) the reason for the extra long shift that ended at 2014-01-03 02:10?  I understand some server moves have been going on ... were we down for awhile?  My bfgminer crashed at that time and I only submitted minimal work for that shift before I realized and came back up.
legendary
Activity: 1064
Merit: 1001
Seems the las bit of trouble did hurt the pool as I thought it might ;-(

Ws around 418Th and since then is holding steady / slight bouncing around from 377 - 385, I'm almost afraid to think of what it will look like when the new equipments out around the end of next month.
newbie
Activity: 11
Merit: 0
at me is it better, last 1 1/2 hours not connection losts.
Thanks a lot
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Most users are back on the main server. We have 300-400 users still on the backup server, and their hashrate is not showing on the website. They should switch over eventually. The DNS TTL is 10 minutes, but some network equipment just ignores this, so it may take a while to update for some users.

Just keeps saying it's dead. Nothing's changed in the config has it?

No changes.

hy, i have i little connection Problem too. all 20-30 min, no respondering from Server Stratum+tcp. for shot time.
no cry, only a info to the admin.

Any better now?

After the data center issue the ddos attackers renewed their efforts to attack the mining server. Some users have been having issues connecting during the attacks.

The main thing is to not attempt to reconnect to the mining server too quickly over and over, which happens if you restart the miner many times.

Wasn't getting anything other than it couldn't find the address... think there was some general internet flakiness going on, my ISP was out for an hour yesterday morning, then after that came back up, there was a handful of sites unreachable, and some very slow. Has been staying on bitminter overnight.

Host not found? Probably a DNS issue. Could have to do with your ISP outage.
newbie
Activity: 11
Merit: 0
hy, i have i little connection Problem too. all 20-30 min, no respondering from Server Stratum+tcp. for shot time.
no cry, only a info to the admin.
hero member
Activity: 518
Merit: 500
Hodl!
I can't stay on again, bouncing to backup.... stratum, might be getting filtered IP changed again.

I didn't notice any attacks today. Maybe this is something else, or there was a small attack that I missed. Any error message?

Wasn't getting anything other than it couldn't find the address... think there was some general internet flakiness going on, my ISP was out for an hour yesterday morning, then after that came back up, there was a handful of sites unreachable, and some very slow. Has been staying on bitminter overnight.
member
Activity: 71
Merit: 10
Morning, I failed over off the pool last night and I can't get back on this morning.
"0: Enabled Dead Quota 1 Prio 0: stratum+tcp://mint.bitminter.com:3333  User:"
Just keeps saying it's dead. Nothing's changed in the config has it?
Cheers
legendary
Activity: 922
Merit: 1003
One more question, am I correct to assume that the 'shift method' is superior to the PPLNS,N=24h: of triplemining.  If I do some work there, but then leave without them solving a block in the next 24 hours after my departure, I get nothing essentially for the time i did work, as I was not there working in the 24hrs prior to the block being sloved.
Same problem exists here.

If you mine for a shift, then stop, and the pool finds less blocks than average (or no blocks) within the next 10 shifts (20 hours or so), you will get less than expected (or nothing, in the case of no blocks found). That is variance; in this case, the 'bad luck' kind.

Conversely (and equally likely), you can run into a bout of good luck in which the pool will find more blocks than average during that 10 shift period after you stop. In this case your payment will actually be more than expected for the work you put in.

In the long run, variance/luck evens out. Which is why I was careful to use the term "expected payout" in my previous response. If you want/need to be paid for every share you submit, no more and no less, regardless of pool luck, your only option is to find a pool offering PPS (pay per share). You will pay a hefty fee for that (3%-5%). It's an option to consider, though.
full member
Activity: 184
Merit: 100
One more question, am I correct to assume that the 'shift method' is superior to the PPLNS,N=24h: of triplemining.  If I do some work there, but then leave without them solving a block in the next 24 hours after my departure, I get nothing essentially for the time i did work, as I was not there working in the 24hrs prior to the block being sloved.
legendary
Activity: 1190
Merit: 1001
Some issues with the pool today?  Keeps going offline for me?
full member
Activity: 184
Merit: 100
Hi,

Trying to wrap my head around the way this payment system works.  Do I have to mine here 'steady'  and constantly to get rewarded or can I use this as a backup to my regular pool?

For example if Eligius goes down and it failsover into this pool, and I work here lets say for about 1.5 shifts. Will I we rewarded fully for the time I spend hashing here or does not sticking around somehow penalize me or lower the payout for the time I do spend here.

Thanks
BitMinter rewards you fairly for your share contribution. So whether you mine 'steady', or only occasionally, makes no difference. Your expected payout here is exactly what you would expect for the time spent here. There is no penalty (or benefit) in mining steadily, or mining occasionally, here. In other words, it is fair as you would expect.

Because of the PPLNS share system, you will need to wait about 10 shifts after you STOP mining for all of your earnings to fully accumulate. Then, of course, another 120 blocks or so before your final payment becomes confirmed just like with most pools (unless you use the pre-pay perk).

Very well said, you understood and answered my question fully, thanks!
legendary
Activity: 922
Merit: 1003
Hi,

Trying to wrap my head around the way this payment system works.  Do I have to mine here 'steady'  and constantly to get rewarded or can I use this as a backup to my regular pool?

For example if Eligius goes down and it failsover into this pool, and I work here lets say for about 1.5 shifts. Will I we rewarded fully for the time I spend hashing here or does not sticking around somehow penalize me or lower the payout for the time I do spend here.

Thanks
BitMinter rewards you fairly for your share contribution. So whether you mine 'steady', or only occasionally, makes no difference. Your expected payout here is exactly what you would expect for the time spent here. There is no penalty (or benefit) in mining steadily, or mining occasionally, here. In other words, it is fair as you would expect.

Because of the PPLNS share system, you will need to wait about 10 shifts after you STOP mining for all of your earnings to fully accumulate. Then, of course, another 120 blocks or so before your final payment becomes confirmed just like with most pools (unless you use the pre-pay perk).
full member
Activity: 184
Merit: 100
Hi,

Trying to wrap my head around the way this payment system works.  Do I have to mine here 'steady'  and constantly to get rewarded or can I use this as a backup to my regular pool?

For example if Eligius goes down and it failsover into this pool, and I work here lets say for about 1.5 shifts. Will I we rewarded fully for the time I spend hashing here or does not sticking around somehow penalize me or lower the payout for the time I do spend here.

Thanks
member
Activity: 112
Merit: 10
On the stats page https://bitminter.com/livestats/big the Latest Blocks section only lists the time the block was made, not the date. That probably made perfect sense when difficulty was lower but we had a 20 hour block yesterday. That combined with a few other longer blocks makes the time stamp on that frame meaningless as we don't know which day each block was made. If I look at Latest Blocks now the ten blocks listed span a period of around four days.

Is there room to add the date as well as the time to the clickable link portion (under the Time column) of the Latest Blocks frame?
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
some of our effort will be lost now.

Not all lottery tickets are winners.  Every share you submit is like a lottery ticket.  It's as simple as that.

We pooled our resources, bought several million lottery tickets, and none of them were winners.  Our effort was lost.  Bummer!  But, on average, we'll keep winning a certain percentage of the time, so I'm going to keep buying tickets.


No kidding? I don't want to win with every ticket. I'm not saying that.

"PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries. "

PPLNS - is protecting miners from "lottery ticket" effect. Because in the long run probability to "win" is as high as your hash-rate is compared to networks.

All i want to say is it would be better to hold loyal miners and value their effort.

The reward has to come out of blocks actually found.

Quote
In the long run it wont matter for the stable miners,

Exactly!

Quote
and there would be less pool hoppers if they know that their effort wont get lost.

But effort will always be lost when blocks are not found and there is no way to change that.
Pages:
Jump to: