Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 350. (Read 4382840 times)

300 gh/s Avalon, a 19 hour block and a BTC reward of 0.00002856!!!  Might as well be an orphan.

It looked like that especially in the last 1 week.

As a newbie, I tried to analysis using the statistics from the site (https://mining.bitcoin.cz/stats/):

In this line and if the luck meant average against the world, the latest is  176% 89% 100% for 1 7 30 days.    Hence it seems it is just average (100%) if you calculate over 1 month.  But the 89% is very bad (and reflect the feel in the last 1 week).  But the 176% currently (because after a long wait we have 0 hour one), that seems just wide fluctuation of a small pool.  May be one has to be patient.

What I do not understand if one look at say this: http://bitcoinchain.com/pools

You can see that slush pool have average 258,349 GH/s but it only got 56 blocks but other having much less GH/s got more blocks.  Is that normal and are we getting less block than we should. 

It comes back, what does that meant the pool luck statistics reported in the site.  If it does not reflect the average block per time period per GH/s, what does it meant?

Just asking as I am still in this pool. 

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Another question whilst I am still in this pool, is my average average?

My 200 GH/s based on stat. should gave me 0.02 per day (per http://www.bitcoinx.com/profit/) but in this site it is average 0.0125 per day for the last 2 weeks (with last 10 rounds now is 200+ GH/s).  Is that a bit below expectation or it is the bitcoinx too optimistics about this.

In any case may be I should be happy as I saw all these TH/s machine coming everywhere now.  I think that 0.125 / day is not going to last even ...
 

man you guys are having some bad luck over here.

First off, it's my fault for that last long block. I added a new cube yesterday.

Secondly I have to share my idiot moment of the week. I was frustrated beyond anything trying to get it set up. I put in the settings with the IP address and whatnot and then tried to get to the cube via another computer on my network. So I would put it back to factory settings, try different things and try to connect again. No matter what I did, I couldn't reach the cube. I was about to throw it through a window until I realized the network cable I had going to the switch had come just slightly unplugged. Popped it in and I was hashing away. I guess I was the butt of my own April Fool's joke.

China doesnt let business freely exchange for dollars so far as I know so btc ban probably slots into that policy; command economy and all
btc is a network economy supposedly

It's officially April Fools Day server time.

22 minute block...  the good old days. 

I just increased the size of the chart so you can see KNC's segment clearly shown.

Who knows who "Unknown" really is.  It's probably KNC mining with their customers' money.  That is an illegal activity know as "conversion."  But we're all messed if the U.S. government decides to use that massive NSA datacenter in Utah to mine Bitcoin.  I might could envision a collective rock-throwing raid on KNC in Sweden, but disrupting that monster in Utah would be more problematic.

Well, some of us have better estimates of "unknown". The total for the past week is about 11%, and I'm working on getting that down too:

Really? If anyone knew who it was, would it be unknown? Actually, it isn't one, but many. It is a grouping of all unidentified miners.

Who is this major 'Unknown' taking this massive chunk of BTC?!

http://bitcoincharts.com/bitcoin/

Well given the option between fiat or a load of post holes followed closely thereby tumble weeds rolling through the floors of your offices; I'm sure where there's a will there's a way.

The company I deal with only accepts BTC.. it could get complicated if they could not accept BTC.  Using the USD is just way to expensive...  It would be bad news if they could not accept BTC.   We need a french revolution.. but the people have been stripped of their ability to do antying.. every where.

Why couldn't ASIC manufacturing remain China? Will the ban extend to buiding IC's that can hash sha256 that are purchased in fiat? There's nothing in that which says your dealing in bitcoin. Could be viewed as good for the economy if it promotes business done in fiat. China remains the makers and supplies the world's miners. Might be the boost the little guys need since they won't be so readily mining thier inventory.

I myself am holding ..but i think it is 80/20 that China will ban bitcoin businesses etc from dealing with banks in the mainland directly.......won't effect current 'advocates" but would certainly
stop the growth/rush to BTC the ordinary guy starting now would have

the interesting question is will this effect miners? ie you can't even build miners in china anymore?
...ie if so..that would ..not sure what that would do....but the combo
or IRS claims in USA a china ban on bank xfers (hong kong they would move but still) and all the china exchanges have to go
at least to hong kong or out of China mainland... and all the asic mnfg would have to move shop out of China...well that would be quite the drop kick in the....well I can't say makes my tummy hurt and my gonads shrink....
...well you know...guess all our prayers have been answered for 'cheap coin" damn..

Searing

We are due for an ORPHAN...

so we are also due for 5 people declaring something is wrong and they are moving their miners.

and go...

While I agree more decentralisation is ideal, there is no way to stop people from pointing their hashes wherever they want, and market forces dictate this more than any logical reason.

Slushs pool holds too small a market share of hashing. Slushs is only 2% of the hash power... its only going to get worse as the two or three largest hashing pools get even bigger. Ghash, BTC Guild, and Discus... Heck even Eligius are way to big. Its unfortunate that they could not have worked some more even distribution limits into the BTC math to keep it more evenly distributed. Those big ones should burn to the ground... seriously... They should all burn...

+10000000000000   on the luck...  need to get back on a roll,   just when we start its like we hit a 20 hr block.   ugggggg