[4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 40.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Thetaj on August 11, 2017, 12:27:04 AM

yea, I am probably gonna switch back now. My hashrate is only 100T though so I'm probably not going to help anyone much. But still, I really hate getting raped by Chinese pools........115% they said......until September they said.......

Doesn't matter how much hash you have, one should still not feed the Chinese mining pool monsters. Maybe if enough people got clued in they wouldn't rape miners. The sad reality is that most of the miners on their pools are clueless.

Welcome to our pool btw

Happy mining!

Thetaj

full member

Activity: 402

Merit: 116

yea, I am probably gonna switch back now. My hashrate is only 100T though so I'm probably not going to help anyone much. But still, I really hate getting raped by Chinese pools........115% they said......until September they said.......

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Thetaj on August 10, 2017, 09:20:53 PM

Hmm according to the site it should be ~14 X 0.98(our hashrate/pool hash rate)
So the fees for slush are ~108-113% after giving fees to pool. That is still way better than the other pools.

I guess its now about irregular maximum payout vs regular but raped payouts thanks!

Indeed. My advice is if you don't mind the more irregular payouts you're better off sticking with Slush. The pool has recently seen a modest increase in its overall hashrate too, so that will help theoretically with the block solve times (luck playing a big factor too).

Thetaj

full member

Activity: 402

Merit: 116

Hmm according to the site it should be ~14 X 0.98(our hashrate/pool hash rate)
So the fees for slush are ~108-113% after giving fees to pool. That is still way better than the other pools.

I guess its now about irregular maximum payout vs regular but raped payouts thanks!

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Thetaj on August 10, 2017, 12:04:45 PM

I have a quick question. I have tried Slush pool before and I realized that the overall payout was not consistent with the block reward. But at the time, I used this, the block reward was pretty low and blocks found were few and far between.

My question is this: right now all the chinese pools are pretty much straightup stealing block rewards from miners in the pool (calculated block rewards are around 110-115%). Does Slushpool split the block reward evenly and then apply the pool fee?

If that is the case do we get 110-115% and then pay 1.5% for pool fee?

Because if so I'm gonna switch over to slush even though I am an asian miner. I just don't like being lied to and cheated by Bitmain right now. And I think many of us feel the same way. They promised 115, and they straight up pulled the rug from under us.

I do believe that pool fees are charged AFTER the block reward (+ txt fees + merged mining fees from converting NMC to BTC) and not before.

Pool operators rarely reply to this thread I'm afraid so I don't think you'll get an official answer but I do believe your answer can be found here:

https://slushpool.com/help/manual/rewards

*pool fee is 2% at the moment*

Thetaj

full member

Activity: 402

Merit: 116

I have a quick question. I have tried Slush pool before and I realized that the overall payout was not consistent with the block reward. But at the time, I used this, the block reward was pretty low and blocks found were few and far between.

My question is this: right now all the chinese pools are pretty much straightup stealing block rewards from miners in the pool (calculated block rewards are around 110-115%). Does Slushpool split the block reward evenly and then apply the pool fee?

If that is the case do we get 110-115% and then pay 1.5% for pool fee?

Because if so I'm gonna switch over to slush even though I am an asian miner. I just don't like being lied to and cheated by Bitmain right now. And I think many of us feel the same way. They promised 115, and they straight up pulled the rug from under us.

KNK

hero member

Activity: 692

Merit: 502

I mean the fee YOU will need to pay when you decide to spend them.

Odetas

newbie

Activity: 42

Merit: 0

Quote from: KNK on July 30, 2017, 11:31:00 AM

Quote from: Odetas on July 30, 2017, 08:06:29 AM

Forgive the ignorance, why not? Is it because the value of the BTC staying in BTC means you get the total value, instead of the split value once it all shakes out?

I just don't care for the few (milli)coins i'll get and prefer to collect some larger amount before transferring it to my wallet that's all.
If you have a lot of small transactions in your wallet you spend more in fees latter, because your output transaction gets bigger

The problem with that logic is that Slushpool is a percentage fee, so regardless of how much you take out, it is a sliding scale. The only exception are small transactions under 0.01 btc, which get hit with a fixed fee.

KNK

hero member

Activity: 692

Merit: 502

Quote from: Odetas on July 30, 2017, 08:06:29 AM

Forgive the ignorance, why not? Is it because the value of the BTC staying in BTC means you get the total value, instead of the split value once it all shakes out?

I just don't care for the few (milli)coins i'll get and prefer to collect some larger amount before transferring it to my wallet that's all.
If you have a lot of small transactions in your wallet you spend more in fees latter, because your output transaction gets bigger

ilya5000

newbie

Activity: 1

Merit: 0

Hey guys, new to this.

But wanted to ask, when the block is found on average what percent share do you get paid? Running an s7 or s9?

Odetas

newbie

Activity: 42

Merit: 0

Quote from: KNK on July 30, 2017, 04:05:09 AM

Quote from: Odetas on July 30, 2017, 03:42:08 AM

... distribution for all BTC before the fork for all funds ...

I do not want mine distributed and probably some others too, so that's not a good idea.
They clearly state in their post

Quote

If you want to get hold of your coins on the Bitcoin Cash chain, make sure to withdraw your rewards before the chain split

Just set your limit to the minimum 0.001

Forgive the ignorance, why not? Is it because the value of the BTC staying in BTC means you get the total value, instead of the split value once it all shakes out?

allinvain

legendary

Activity: 3080

Merit: 1080

Meh, this Bitcoin Crash (pun intended) is like when you wake up from a drunken stupor and find out that your apartment has been broken into, your TV is gone, and it hurts when you pee so you probably now have an STD too.

KNK

hero member

Activity: 692

Merit: 502

Quote from: Odetas on July 30, 2017, 03:42:08 AM

... distribution for all BTC before the fork for all funds ...

I do not want mine distributed and probably some others too, so that's not a good idea.
They clearly state in their post

Quote

If you want to get hold of your coins on the Bitcoin Cash chain, make sure to withdraw your rewards before the chain split

Just set your limit to the minimum 0.001

Odetas

newbie

Activity: 42

Merit: 0

If Slush isn't going to support Bitcoin Cash, can Slush do a one time distribution for all BTC before the fork for all funds even below the minimum threshold?

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Biffa on July 27, 2017, 02:02:13 AM

Quote from: allinvain on July 24, 2017, 11:47:03 PM

Quote from: MinerSRQ on July 21, 2017, 06:16:33 AM

Well... goodbye Slush. I *LOVE* your site, stats, interface, etc. - but after 5+ days with no payout (when I was averaging 2 days between payouts) and no communication as to why the HORRIBLE luck recently I've moved to Kano.

Hmm, yeah our pool's luck has been shit lately. Most rounds are averaging 12+ hrs. I'm not really happy about this either but kano would likely be worse - ie rounds will be even longer! I totally understand you though and hopefully kano work better for you.

Not worse, easy to check too. https://kano.is/index.php?k=blocks

Yes I know. In the end it's all randomness and all about how long you can wait until you get paid. I've said it so many times both Slush and Kano deserve far far more TH then they get , but it's not happening Sad

Biffa

legendary

Activity: 3234

Merit: 1220

Quote from: allinvain on July 24, 2017, 11:47:03 PM

Quote from: MinerSRQ on July 21, 2017, 06:16:33 AM

Well... goodbye Slush. I *LOVE* your site, stats, interface, etc. - but after 5+ days with no payout (when I was averaging 2 days between payouts) and no communication as to why the HORRIBLE luck recently I've moved to Kano.

Hmm, yeah our pool's luck has been shit lately. Most rounds are averaging 12+ hrs. I'm not really happy about this either but kano would likely be worse - ie rounds will be even longer! I totally understand you though and hopefully kano work better for you.

Not worse, easy to check too. https://kano.is/index.php?k=blocks

allinvain

legendary

Activity: 3080

Merit: 1080

It likely is just random chance as true luck is supposed to be like. Sadly I had to switch temporarily to a different bigger pool which shall remain nameless. The 24+ hr rounds became unbearable.

AriesIV10

legendary

Activity: 1260

Merit: 1006

Mine for a Bit

Any reason for the Luck:

49.28 %
Last 10 Blocks

67.13 %
Last 50 Blocks

92.53 %
Last 250 Blocks

naska21

hero member

Activity: 1358

Merit: 635

Any news on Slash pool response to BitcoinCash splitting from Bitcoin with a protocol upgrade on August, 1st? How it will handle it?

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: MinerSRQ on July 21, 2017, 06:16:33 AM

Well... goodbye Slush. I *LOVE* your site, stats, interface, etc. - but after 5+ days with no payout (when I was averaging 2 days between payouts) and no communication as to why the HORRIBLE luck recently I've moved to Kano.

Hmm, yeah our pool's luck has been shit lately. Most rounds are averaging 12+ hrs. I'm not really happy about this either but kano would likely be worse - ie rounds will be even longer! I totally understand you though and hopefully kano work better for you.

Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 40. (Read 4382648 times)