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Topic: [18 GH][0% Fee] A1BITCOINPOOL.COM 20 BTC BONUS PROPORTIONAL POOL - page 2. (Read 9328 times)

donator
Activity: 1218
Merit: 1079
Gerald Davis
P4, hate to say it but you don't have a clear understanding of hopping, either.  Where does a hopper go if they can't mine a prop pool from  start to 43.5% (47%?)?  If I am a hopper, why would I go to "The other pools you mention are not proportional, they all use hop proof payout mechanisms?"  Do they know I am a hopper?   Hopping is not only the traditional 0-43.5% in one pool and then doing something magical until the next block is found, it truly allows the miner to control where and how they spend their hashing power.  The theoretical best you can do is 128%, but pools that take 3-4 months to find a block, delay or fake stats, and penalize for hopping make 128% unrealistic...  Hopping returns are not cumulative, it just allows a miner to mine at a higher efficiency when the opportunity is available.  My advice: Learn it, try it, love it...  then crap all over the prop pools you join with hopping folklore.

Simple. When no pool has greater than 100% PPS return based on hopping algorithm and current round length the hopper falls back to a fair pool.


So when there are 1 or more pools which are currently yielding >100% PPS (they are before the hop-out point):
hopper mines at the pool with greatest value > 100% PPS

when no pools are hoppable (all prop pools are after hop point and thus reward < 100% PPS)
hopper mines at a fair pool

hero member
Activity: 504
Merit: 504
Decent Programmer to boot!
Our system was hacked last night.  As soon as I can get the data payments will go out.

Is the pool coming back on line as a prop pool?  You still have data on the prop block?

Also, are you are getting hacked atm?





Getting that error myself.
hero member
Activity: 742
Merit: 503
Our system was hacked last night.  As soon as I can get the data payments will go out.

Is the pool coming back on line as a prop pool?  You still have data on the prop block?

Also, are you are getting hacked atm?



hero member
Activity: 742
Merit: 503
P4, hate to say it but you don't have a clear understanding of hopping, either.  Where does a hopper go if they can't mine a prop pool from  start to 43.5% (47%?)?

Is that a question?  Well doh, you go to any PPS or hop proof pool and make 100% PPS like anyone else mining there, until you get another opportunity to hop prop pools. Doh.

Quote
The theoretical best you can do is 128%,

If you only hope ONE pool.


Really, prove it!  What happens if you hop more than one?  School me?

Think about opportunity cost and the current universe of prop pools, not including Score. (oh and how do you determine that hop point?).  Make sure to address that in your elaborate proof.
hero member
Activity: 518
Merit: 500
P4, hate to say it but you don't have a clear understanding of hopping, either.  Where does a hopper go if they can't mine a prop pool from  start to 43.5% (47%?)?

Is that a question?  Well doh, you go to any PPS or hop proof pool and make 100% PPS like anyone else mining there, until you get another opportunity to hop prop pools. Doh.

Quote
The theoretical best you can do is 128%,

If you only hope ONE pool.
hero member
Activity: 742
Merit: 503
I choose EMC/Oz/BP for backups cause they have to type of pool I need, plus has MM (and love, love you guys.)  Hope you understand, cause I hop, just suck at it.

You dont seem to understand what is meant by hopping; hopping doesnt mean switching pools whenever you feel like it. Hopping in this context means joining a proportional pool at the beginning of a new block and leave at the latest at 47% CDF. Doing so increases your profits substantially at the expense of people that dont hop, taking maximum advantage of lucky short blocks without suffering nearly as much on long blocks. You might begin to understand that if you calculate your current reward per share, why its smart to avoid that.

The other pools you mention are not proportional, they all use hop proof payout mechanisms. That means you can join or leave whenever you want without impacting your average reward, because your payout is not based on (known) past luck but (unknown) future luck.

P4, hate to say it but you don't have a clear understanding of hopping, either.  Where does a hopper go if they can't mine a prop pool from  start to 43.5% (47%?)?  If I am a hopper, why would I go to "The other pools you mention are not proportional, they all use hop proof payout mechanisms?"  Do they know I am a hopper?   Hopping is not only the traditional 0-43.5% in one pool and then doing something magical until the next block is found, it truly allows the miner to control where and how they spend their hashing power.  The theoretical best you can do is 128%, but pools that take 3-4 months to find a block, delay or fake stats, and penalize for hopping make 128% unrealistic...  Hopping returns are not cumulative, it just allows a miner to mine at a higher efficiency when the opportunity is available.  My advice: Learn it, try it, love it...  then crap all over the prop pools you join with hopping folklore.

newbie
Activity: 56
Merit: 0
Our system was hacked last night.  As soon as I can get the data payments will go out.
sr. member
Activity: 456
Merit: 250
i was gonna keep mining here.. but.. wayyyyyy tooooo long for a block.
newbie
Activity: 56
Merit: 0
UPDATE:  We are still working on fixing the loading issue of the pages.  The websites offline but your shares are still being counted.  Thanks for your patience. 
hero member
Activity: 518
Merit: 500
 I choose EMC/Oz/BP for backups cause they have to type of pool I need, plus has MM (and love, love you guys.)  Hope you understand, cause I hop, just suck at it.

You dont seem to understand what is meant by hopping; hopping doesnt mean switching pools whenever you feel like it. Hopping in this context means joining a proportional pool at the beginning of a new block and leave at the latest at 47% CDF. Doing so increases your profits substantially at the expense of people that dont hop, taking maximum advantage of lucky short blocks without suffering nearly as much on long blocks. You might begin to understand that if you calculate your current reward per share, why its smart to avoid that.

The other pools you mention are not proportional, they all use hop proof payout mechanisms. That means you can join or leave whenever you want without impacting your average reward, because your payout is not based on (known) past luck but (unknown) future luck.
hero member
Activity: 742
Merit: 503


Quote
You are aware he will be changing the reward method to PPLNS after this block?
You are aware nobody will hop into a pool where the value for the "next share" is now 80% less than PPS?

Quote
Hope you understand, cause I hop, just suck at it.

Um that is like saying I am a bad miner because I am not good bad grades in Calculus.  The hop points are determined by the mining software.  There is no skill.
Quote
You are aware he will be changing the reward method to PPLNS after this block?

No, i didn't know...that would be stupid, now I feel stupid.

Quote
Um that is like saying I am a bad miner because I am not good bad grades in Calculus.  The hop points are determined by the mining software.  There is no skill.

There is skill, otherwise everyone would do it and not condemn what they don't understand.  And I did really good in calculus...I understand how it hopping works...I don't see the correlation... Wink

A1, is he just having a laugh at my expense?
donator
Activity: 1218
Merit: 1079
Gerald Davis
The people who took the PPS should be paid out of A1 pocket, I thought, in order to find a block.
 

Yeah, I assume the fast miners there now took that option. But paying 120% to find a block also doesnt make a lot of sense for the pool. Thats why I suggested he cut his losses, and pays out this block even if its not found, and switches to a payout system that can attract new miners without having to pay them 120%. If the bad luck continues that 120% PPS and possibly 20 BTC  bounty might end up more expensive than paying a one time 50BTC learning fee while delaying his pool from taking off.


Why would he cut his losses? He is running a prop pool and a long round is expected.  Once he finds a block the miners will return and some may stay on to finish the block, charity hopping is a feature to hop with.  See, more hoppers have access to his pool now, but have been hesitant to hop due to TNTmining,his all to good to be true quest to get his first block, and most people got in later in the block, like you.  I really think he wants to run a pool and has been looking to shoulder the cost of doing so.  He is a hopper too and wants to run a prop pool, so I can see why he would do this.

You are aware he will be changing the reward method to PPLNS after this block?
You are aware nobody will hop into a pool where the value for the "next share" is now 80% less than PPS?

Quote
Hope you understand, cause I hop, just suck at it.

Um that is like saying I am a bad miner because I am not good bad grades in Calculus.  The hop points are determined by the mining software.  There is no skill.
hero member
Activity: 742
Merit: 503
Didn't I say that two weeks ago?  Yeah...

I understand the psychological need to finish the block, but you need to weigh that against the hard numbers.  You're better off cutting your losses now and not falling into the Gamblers Fallacy.  It's a hard road to hoe, as far as overcoming it psychologically, but let the math be your guide.

Cut your losses.


That would be too rational!  Wink
hero member
Activity: 742
Merit: 503
The people who took the PPS should be paid out of A1 pocket, I thought, in order to find a block.
 

Yeah, I assume the fast miners there now took that option. But paying 120% to find a block also doesnt make a lot of sense for the pool. Thats why I suggested he cut his losses, and pays out this block even if its not found, and switches to a payout system that can attract new miners without having to pay them 120%. If the bad luck continues that 120% PPS and possibly 20 BTC  bounty might end up more expensive than paying a one time 50BTC learning fee while delaying his pool from taking off.


Why would he cut his losses, "build it and they will come?" He is running a prop pool and a long round is expected.  Once he finds a block the miners will return and some may stay on to finish the block, charity hopping is a feature to hop with.  See, more hoppers have access to his pool now, but have been hesitant to hop due to TNTmining,his all to good to be true quest to get his first block, and most people got in later in the block, like you.  I really think he wants to run a pool and has been looking to shoulder the cost of doing so.  He is a hopper too and wants to run a prop pool, so I can see why he would do this (he is CrAzY.)

P4, you know it was a prop pool, you gave hashes.  If you want less stress, why not go back to you favorite PPLNS pool and focus on miner efficiency and optimization?  You are free to mine anywhere, unless you come from a PPLNS pool and want to maximize your return.  I am on your side until you try and change the pool to suit your mining preference.  I choose EMC/Oz/BP for backups cause they have to type of pool I need, plus has MM (and love, love you guys.)  Hope you understand, cause I hop, just suck at it.

Advice, best way to save miners is to create a fair pool of your own and you will attract miners that favor your arguments.  Then I will post on your thread that your miners should ask you for a prop pool cause they can do better! Not really...just venting.  It still is a free country, starting revolutions will make us all less free.
legendary
Activity: 1260
Merit: 1000
Didn't I say that two weeks ago?  Yeah...

I understand the psychological need to finish the block, but you need to weigh that against the hard numbers.  You're better off cutting your losses now and not falling into the Gamblers Fallacy.  It's a hard road to hoe, as far as overcoming it psychologically, but let the math be your guide.

Cut your losses.
hero member
Activity: 518
Merit: 500
The people who took the PPS should be paid out of A1 pocket, I thought, in order to find a block.
 

Yeah, I assume the fast miners there now took that option. But paying 120% to find a block also doesnt make a lot of sense for the pool. Thats why I suggested he cut his losses, and pays out this block even if its not found, and switches to a payout system that can attract new miners without having to pay them 120%. If the bad luck continues that 120% PPS and possibly 20 BTC  bounty might end up more expensive than paying a one time 50BTC learning fee while delaying his pool from taking off.
hero member
Activity: 774
Merit: 500
Lazy Lurker Reads Alot
About block size i think there is no limit on how many shares a block can be
We saw last time ozcoin hitting 21 million or something and they had earlier also several huge 12 million+ btc blocks in the paste so ..... 7m is bad and nasty but it can be much bigger as been proven
Now do not get me wrong i do not like those big ones one bit and i think maybe there should be a max possible blocksize somehow
But i fear its not going to happen, you either am lucky or on each round  ...
hero member
Activity: 742
Merit: 503
True. Either way, I love this pool to death, so I'm going to roll with it. He's done a great job staying on top of things, and keeping everything running as smooth as possible. Not to mention, being a small pool, I feel I'm doing my part for the community.

I admire your persistence. But have you done the math on how much the shares you submit now are being rewarded? You are mining at 19% PPS. That makes deepbits ~90% PPS look like the bargain of the century.
The poolhoppers and anyone that has contributed shares early on thank you for the continued effort.

 I sure hope you catch that jackpot...

The people who took the PPS should be paid out of A1 pocket, I thought, in order to find a block.  Paying 120% to find a block and 20 btc to the block finder, shows A1 is really committed to mining a second block.  My shares are all prop and 7 million sucks...  So, I hope I get a better shot on round 2. 

This is what inspires our persistence “But resist, we much… we must… and we will much… about… that… be committed.” – Al Sharpton, August 9, 2011
hero member
Activity: 518
Merit: 500
True. Either way, I love this pool to death, so I'm going to roll with it. He's done a great job staying on top of things, and keeping everything running as smooth as possible. Not to mention, being a small pool, I feel I'm doing my part for the community.

I admire your persistence. But have you done the math on how much the shares you submit now are being rewarded? You are mining at 19% PPS. That makes deepbits ~90% PPS look like the bargain of the century.
The poolhoppers and anyone that has contributed shares early on thank you for the continued effort.

 I sure hope you catch that jackpot...
hero member
Activity: 742
Merit: 503
Slush just had a 11 hour, 12 MILLION block.

We are only 5M shares away Cheesy

On the first block too, kinda sucks, but, what if we knock off second and third block on 500k each...  A1 will take a victory lap!
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