Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 930. (Read 4382653 times)
November 07, 2011, 01:12:58 PM
NMC payouts fixed, it was stupid issue. Namecoin timed out during sending payouts for some unknown reason, which stops automatic payouts and need manual investigation from my side. However I forgot to setup alert for namecoind daemon (it was only for bitcoin daemon) for this issue on new server so I missed that problem in monitoring. Now they're sent and monitoring fixed.
November 07, 2011, 12:59:52 PM
i have a payout not showing up since the 5th.
wrote the bitparking admin, waiting for response.
wrote the bitparking admin, waiting for response.
Bitparking? I think you have the wrong topic.
no, I just didnt post the three sentences that should've went before or after these.
what i meant was that slush seems to be paying out okay, but the NMC never appeared in my bitparking thingy.
Bitparking addresses are only valid for one use i belive
November 07, 2011, 12:57:00 PM
i have a payout not showing up since the 5th.
wrote the bitparking admin, waiting for response.
wrote the bitparking admin, waiting for response.
Bitparking? I think you have the wrong topic.
no, I just didnt post the three sentences that should've went before or after these.
what i meant was that slush seems to be paying out okay, but the NMC never appeared in my bitparking thingy.
November 07, 2011, 12:15:08 PM
i have a payout not showing up since the 5th.
wrote the bitparking admin, waiting for response.
wrote the bitparking admin, waiting for response.
Bitparking? I think you have the wrong topic.
November 07, 2011, 12:00:58 PM
i have a payout not showing up since the 5th.
wrote the bitparking admin, waiting for response.
wrote the bitparking admin, waiting for response.
November 07, 2011, 11:46:06 AM
If I remember correctly, payouts run every 15 minutes, so perhaps that part is broken. It will probably be fixed soon, since Slush is good at that 
November 07, 2011, 11:37:24 AM
Are Namecoin payouts working right now? I ask because my NMC payment threshold is 20 and my balance is 27.9.
Just asking for information.. Not complaining..
I'm seeing this too. I've got a confirmed reward of 35.90265622 NMC with a send threshold of 10.0. But, perhaps I don't understand the payout mechanism. Do long blocks like the one we are currently in play a role?
November 07, 2011, 10:31:19 AM
Something like this slush:
November 07, 2011, 10:11:35 AM
I noticed someone quoting off the BTC prices for gold. Note, for those who are unaware, fractional gold (and silver) coins demand very high premiums so the small coin once a month or whatever is certainly not the best option. You end up paying lots more per ounce in the long run between premiums and shipping. Just look at the listing of prices above in the thread. A 1 ounce gold coin at 630 BTC but 10 1/10 ounce coins would be 760 btc (and that is actually one of the better premiums I've seen for fractional gold). Silver works in a similar fashion if coins less than 1 ounce are offered.
Just a comment by a PM bug for those who might not have been aware of the markup on fractional coins.
Thralen
Just a comment by a PM bug for those who might not have been aware of the markup on fractional coins.
Thralen
Very good points. Those quotes were taken from an online dealer including S&H but you are right you get "less gold for the same price" using smaller coins. Thus buying 1 oz coin is always better than buying 10x 0.1 oz coins.
Given the average revenue for a miner in one month silver may be a better option and buying fractional silver coins is just plain silly. Even with silver miners should expect a longer period between payouts. Payouts for example once a month based on prior months revenue and shipped in bulk likely would yield the highest return (% of hashing power getting actual silver weight). Of course that requires more trust but smaller one-off purchases of single silver coins going out daily is likely the lowest value.
November 07, 2011, 10:04:43 AM
I noticed someone quoting off the BTC prices for gold. Note, for those who are unaware, fractional gold (and silver) coins demand very high premiums so the small coin once a month or whatever is certainly not the best option. You end up paying lots more per ounce in the long run between premiums and shipping. Just look at the listing of prices above in the thread. A 1 ounce gold coin at 630 BTC but 10 1/10 ounce coins would be 760 btc (and that is actually one of the better premiums I've seen for fractional gold). Silver works in a similar fashion if coins less than 1 ounce are offered.
Just a comment by a PM bug for those who might not have been aware of the markup on fractional coins.
Thralen
Just a comment by a PM bug for those who might not have been aware of the markup on fractional coins.
Thralen
November 07, 2011, 09:52:06 AM
Are Namecoin payouts working right now? I ask because my NMC payment threshold is 20 and my balance is 27.9.
Just asking for information.. Not complaining..
November 07, 2011, 09:23:25 AM
Hi slush
Are there plans to add an e-mail notification if a worker does not contribute shares anymore?
I think this feature would be very usefull for a lot of people (including me of course).
Are there plans to add an e-mail notification if a worker does not contribute shares anymore?
I think this feature would be very usefull for a lot of people (including me of course).
November 07, 2011, 09:01:27 AM
oh one last slam to me namecoins DIDN"T payoff with the last of my bitcoins
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Hm, can you describe it more? Are they pending on your profile for some reason? I'm not aware of any problem with payouts.
nope confirmed namecoin with threshold set @ .o1
November 07, 2011, 08:45:54 AM
Are we talking just for the sake of talking ? We all know that this gold bullion scheme will not be viable for most of the miners in the pool making like 1 BTC / 24 hours at most. This is better suited for miners getting 50 BTC / 24 hours or more etc.
Depends on how often you want/need to get paid. If you are willing to trust Slush w/ a month's worth of revenue then silver is definitely viable and smaller gold coins are possible for larger miners.
1 oz gold coins are ~630 BTC which requires roughly 25 GH for 1 month (at current prices/difficulty).
1/2 oz gold coins are ~335 BTC which requires roughly 13 GH for 1 month (at current prices/difficulty).
1/4 oz gold coins are ~174 BTC which requires roughly 7 GH for 1 month (at current prices/difficulty).
1/10 oz gold coins are ~76 BTC which requires roughly 3 GH for 1 month (at current prices/difficulty).
1 oz silver coins are ~15 BTC which requires roughly 0.6 GH for 1 month (at current prices/difficulty).
Yeah if people want the smallest possible coins and payouts once a week it likely doesn't make sense.
November 07, 2011, 08:21:54 AM
Are we talking just for the sake of talking ? We all know that this gold bullion scheme will not be viable for most of the miners in the pool making like 1 BTC / 24 hours at most. This is better suited for miners getting 50 BTC / 24 hours or more etc.
November 07, 2011, 05:21:37 AM
I understand that it's not practical to carry all the gold bars at home and sendig them via post office, but I am also not aware of any legal reasons preventing you from doing that in cz? Can you describe those "legal reasons" more?
There's a lot of legal restrictions on handling with gold in EU, like reporting who bought gold, gold stores need to save their records for many years etc. It's not like go to gold store, buy 1kg of gold bars locally and resend them by post. Actually it's fastest way to get busted :-).
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Also I trust YOU enough to let you carry my mined bitcoins (or gold bars) until it's value exceeed some defined treshold, but trust some 3rd party US based company to send me gold over the ocean... that's completely defferent story
Of course overseas delivery is a little bit tricky and need to be adressed. At this point I'm just asking for interest.
Well, if you trust me, then you also should (at least partially) trust business partner which I carefully choose. Unfortunately I cannot personally do everything. Maybe I'm good as a pool operator, but definitely not as a good gold reseller, because that's not my domain. Let everybody do the job in which he's good enough. And I believe that people who're handling gold as their main business will do better job in gold and silver delivery than me.
November 07, 2011, 05:08:01 AM
As I claimed - not directly, for security and legal reasons.
I understand that it's not practical to carry all the gold bars at home and sendig them via post office, but I am also not aware of any legal reasons preventing you from doing that in cz? Can you describe those "legal reasons" more?The largest issue becomes "friction" and "trust".
If miner cash out often & quickly they don't have to trust the pool BUT then coinage overhead and shipping overhead eats into the yield.
If miner cash out often & quickly they don't have to trust the pool BUT then coinage overhead and shipping overhead eats into the yield.
Also I trust YOU enough to let you carry my mined bitcoins (or gold bars) until it's value exceeed some defined treshold, but trust some 3rd party US based company to send me gold over the ocean... that's completely defferent story
November 07, 2011, 04:48:29 AM
Still has not told us which "magical" Mother Theresa pool he is using now ...
November 07, 2011, 04:00:31 AM
Slush, one sugestion:
-On the Hall of Fame, add some camp with the user in question, with what place he is, what's its current hash rate and how many block he has found up.
-On the Hall of Fame, add some camp with the user in question, with what place he is, what's its current hash rate and how many block he has found up.
Hm, can you describe it more? I probably don't understand. You mean -> slush, make the stats better? :-)
November 07, 2011, 03:47:43 AM
no more shares worth little or nothing after 15 min
Quote from Meni Rosenfeld's paper about pools, part "Myths":
Quote from: Meni Rosenfeld
The value of my score will decay if I quit a score-based pool, so it forces
me to stay.
Score and payouts are additive. The score you were rewarded for shares
submitted in the past will decay the same way whether you stay or quit; the score you
will receive for shares you submit in the future does not rely on the past. Your total
payout is an independent sum of the two factors.
Score-based methods are disadvantageous for intermittent miners.
The expected payout per share in a hopping-proof method is always the fair solo average
no matter when it was submitted, so your expected total reward over a period of
time is equal exactly to the total value of the shares you submitted, no matter what
your mining pattern is.
me to stay.
Score and payouts are additive. The score you were rewarded for shares
submitted in the past will decay the same way whether you stay or quit; the score you
will receive for shares you submit in the future does not rely on the past. Your total
payout is an independent sum of the two factors.
Score-based methods are disadvantageous for intermittent miners.
The expected payout per share in a hopping-proof method is always the fair solo average
no matter when it was submitted, so your expected total reward over a period of
time is equal exactly to the total value of the shares you submitted, no matter what
your mining pattern is.
It's probably the best response which I can provide, because I told the same many times before, obviously without an effect for some users :-).
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no more variance thanks to "invalid blocks"
I slightly changed your quote, to be more correct. Every pool has invalid blocks, only few of them "protect" users by higher fee. It lower their payout variance, but the final effect is same unless pool operator is Mother Theresa and pay for invalid blocks from his own pocket.
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no more rejected shares because your pool can't play with phoenix
phoenix is crippled in serious way and author is aware of this. Actually latest phoenix work without issues for *most* users as 1/3 of all miners on my pool is phoenix. What's an issue?
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no more problems & promises
Well, I know there was many problems lately, unfortunately only few were caused by my incompetence or lack of support. I already apologize for that and cannot do more. About promises - I'm filling them.
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oh one last slam to me namecoins DIDN"T payoff with the last of my bitcoins
Hm, can you describe it more? Are they pending on your profile for some reason? I'm not aware of any problem with payouts.
If you hate me for some reason, you can leave - I don't keep you by force. But there's no need to make such drama about that. Thanks.
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