Two in a row, that's more like it.
I love how we get the best luck when the pool is SHRINKING
Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 362. (Read 4382810 times)
March 19, 2014, 10:40:37 PM
I love how we get the best luck when the pool is SHRINKING
March 19, 2014, 08:40:20 PM
Two in a row, that's more like it.
March 19, 2014, 08:23:05 PM
BOOM from Gloom 
March 19, 2014, 06:29:53 PM
Yeah, pretty slow on finding those blocks lately. Over a whole freaking day just for one block.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
+1
I have mined here for over a year and have briefly dabbled with other pools. My gut feeling always tells me this pool is the 'luckiest' in the long run. Plus if everyone switches to ghashio or btcguild - what do we end up with? One massive pool and centralised bitcoin mining. I'll always mine on 'not the biggest pool'.
good to see some informed people here recently.
March 19, 2014, 06:18:28 PM
well well well, this will certainly separate the men from the boys around here........
or... the informed from the uninformed.
March 19, 2014, 06:00:11 PM
My earnings for our mega round was '0.000000000' yep, that's right, nothing.
I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
I jumped out of a few blocks over the last few days and then they finished within one or two hours. Which annoyed me.
Then I got pig-headed and decided I would not leave until the next block was found - no matter what.
25 hours later
Quite literally the 100% worst possible block in the history of Slush's pool to decide to see through to the end and I did
that was brutal. I was in it till the end. These big blocks are killer!!!
Question about pools. Why slush pool over eligius
Where was Dean Cain & the 'Guinness Book of World Records' crew??? Did I miss'm?? Haha.
March 19, 2014, 04:57:17 PM
Yeah, pretty slow on finding those blocks lately. Over a whole freaking day just for one block.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
+1
I have mined here for over a year and have briefly dabbled with other pools. My gut feeling always tells me this pool is the 'luckiest' in the long run. Plus if everyone switches to ghashio or btcguild - what do we end up with? One massive pool and centralised bitcoin mining. I'll always mine on 'not the biggest pool'.
Last time I hopped to BTCGuild, luck was down hard in Slushes pool...Slushs (in the long run) would have made me .12 to the .07 I pulled from BTC. I'm not leaving....
March 19, 2014, 04:17:16 PM
Yeah, pretty slow on finding those blocks lately. Over a whole freaking day just for one block.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
+1
I have mined here for over a year and have briefly dabbled with other pools. My gut feeling always tells me this pool is the 'luckiest' in the long run. Plus if everyone switches to ghashio or btcguild - what do we end up with? One massive pool and centralised bitcoin mining. I'll always mine on 'not the biggest pool'.
March 19, 2014, 04:13:00 PM
How long does it usually take for unconfirmed to become confirmed?
Slush's pool takes 100 further found blocks for your reward to be confirmed. This is to ensure the block is not a duplicate in a fork etc. Other pools wait for up to 120 further founds blocks for your reward to be confirmed.
[edit] so 100 blocks average 10 mins per block (by design but quite often less) is approx 16.7 hours for a block to be confirmed.
March 19, 2014, 04:11:06 PM
Yeah, pretty slow on finding those blocks lately. Over a whole freaking day just for one block.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
I was tempted to switch over to another pool, but I keep coming back to this one thing:
Your payout over time should be roughly the same, whether solo-mining or in the largest pool (assuming 100% up time and your hashrate is constant) ... theoretically. But when does it become practically ineffectual to mine in a certain pool? I have a single Antminer S1 giving me an average of 205 Gh/s. Solo mining would obviously be quite futile. The average time I would solve a block over a large enough time frame, assuming constant difficulty, is about three years. That is obviously not practical at all. Slush's total hashrate says we should solve a block ever 4 hours and 41 minutes, given a large enough time frame and assuming constant difficulty. This has proven practically true until recently.
So whether in Slush's pool, somewhere else, or even solo-mining, my daily expected average BTC income from my 205 Gh/s is theoretically constant. And that amount is 0.0243 BTC. And given constant difficulty, a large enough time frame (probably like 50 years or so), the math proves that my daily BTC mined is the same no matter where I mine. Naturally, I didn't account for pool fees.
Back to practicality, how bad would Slush have to get for me to leave? Well, if a bunch of miners left the pool the hashrate would drop, but the reward I would get per block would increase. I would still be rewarded the same daily average, but I would have less frequent rewards. For me personally, I would be content with getting .0486 BTC per block but only once every other day on average. That means good rounds would give a block every day, but bad rounds could last five days. Either way, over a period of three or four months, its probably not that big of a deal.
So, for someone who hopes to make the cost of his S1 back in two to three months, I'm gonna just stick on Slush, unless there are obvious, non-mining related issues, like poor server execution or whatever, or blocks are being solved less than one per 40 hours. Why 40? Because it's a little less than two full days and there's a biblical feel to it. For 40 days we wander mt. slush, in search of holy Bitcoin.
March 19, 2014, 04:05:19 PM
Well I checked out Eligius and my "maximum" earning potential is .0939, oddly enough my past 5 days on Slush's has earned me an average of .0950. So a little bit more even with a 24 hour block...
EXACTLY. and that is how it will stay but showing people numbers > other numbers will never get them to see x+.01 > x when long blocks happen.
March 19, 2014, 04:03:41 PM
ONCE again a Big fail for Slush this is becoming far to common that rounds are not consistent hash rate continues to climb while pay out drops. I have been a loyal miner on Slush since I began bitcoin mining and it saddens me that I am at a point where I will have to make a choice what is the best use of my equipment.
I dont know about anyone else but I cant justify running nearly 1TH 24/7 and get one round in a day. just a complete waist of my equipment and electricity because this site cant seem to manage there equipment.
Not sure can hold out on this pool much longer.
Would any one like to offer alternative pools and give reasons why they like each of them?
?
I dont know about anyone else but I cant justify running nearly 1TH 24/7 and get one round in a day. just a complete waist of my equipment and electricity because this site cant seem to manage there equipment.
Not sure can hold out on this pool much longer.
Would any one like to offer alternative pools and give reasons why they like each of them?
? If you go over to Eligius and click on contributors you'll see exactly what you'll earn. It's steady plus you'll get some NMC as well. Your payout would be 1,000.86 Gh/s is 0.11842856 BTC per day.
"Your payout would be 1,000.86 Gh/s is 0.11842856 BTC per day."
In all honesty when eligius says your payout per DAY, it isnt accurate, it means your EVENTUAL payout would average this per day, cuz it is highly unlikely u r going to get paid out in a day.
but regardless of that u wont earn anything significant more or less over slush. slush will almost always beat eligius by a tiny percentage over time.
but hey what do I know, oh yeah I mine both so I know.
March 19, 2014, 04:01:50 PM
Tired of mining forever for 0 BTC?
Have a hundred clicks here for 1 BTC: http://whatever.scam.you.care.to.pick
It's so easy to earn, even I can approve...
So let's just help each other to get some coins, folks...
Have a hundred clicks here for 1 BTC: http://whatever.scam.you.care.to.pick
It's so easy to earn, even I can approve...
So let's just help each other to get some coins, folks...
For the newbies - this is a SCAM warning - https://bitcointalksearch.org/topic/mybitcoinjob-obvious-scam-359078
March 19, 2014, 03:56:50 PM
How long does it usually take for unconfirmed to become confirmed?
March 19, 2014, 03:45:45 PM
Boom! Got sick of 30 hours and only one block, so jumped last block about 5 hr 50min. Less than an hour later it's found 
March 19, 2014, 03:18:24 PM
its over over yet, so far 1 block in 30 hours......... and counting.....
March 19, 2014, 03:15:13 PM
My earnings for our mega round was '0.000000000' yep, that's right, nothing.
I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
I jumped out of a few blocks over the last few days and then they finished within one or two hours. Which annoyed me.
Then I got pig-headed and decided I would not leave until the next block was found - no matter what.
25 hours later
Quite literally the 100% worst possible block in the history of Slush's pool to decide to see through to the end and I did
that was brutal. I was in it till the end. These big blocks are killer!!!
Question about pools. Why slush pool over eligius
March 19, 2014, 01:32:59 PM
My earnings for our mega round was '0.000000000' yep, that's right, nothing.
I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
I jumped out of a few blocks over the last few days and then they finished within one or two hours. Which annoyed me.
Then I got pig-headed and decided I would not leave until the next block was found - no matter what.
25 hours later
Quite literally the 100% worst possible block in the history of Slush's pool to decide to see through to the end and I did
March 19, 2014, 11:56:40 AM
My earnings for our mega round was '0.000000000' yep, that's right, nothing.
I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
So it is your fault that it took so long because you weren't helping.
Twas my fault. I added 20Gh/s to my set up. I should have known better.
March 19, 2014, 11:41:43 AM
My earnings for our mega round was '0.000000000' yep, that's right, nothing.
I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day.
I'm back on now and ready for the next run of super quick rounds.
So it is your fault that it took so long because you weren't helping.
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