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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1274. (Read 3917029 times)

hero member
Activity: 560
Merit: 500
legendary
Activity: 2576
Merit: 1186
slush doesn't use CPPSRB... O.o
Apologies. Made an assumption.

I'll go look to see who actually does. Smiley

(Beginning by following the link you helpfully provided.)
And I now remember being put off that pool, back then, by statements such as:

"New miners are better off mining elsewhere until the new reward system is setup, unfortunately"
- https://bitcointalksearch.org/topic/m.1118133

I never bothered to check back to see if a "new reward system" was ever instantiated.
Yeah, that "new reward system" turned out to be CPPSRB ;p
sr. member
Activity: 476
Merit: 250
So, back on topic, from what I'm familiar with, the best pools to point ASICMINER at would be:

BitMinter
OzCoin
p2pool - with caveats
sr. member
Activity: 476
Merit: 250
slush doesn't use CPPSRB... O.o
Apologies. Made an assumption.

I'll go look to see who actually does. Smiley

(Beginning by following the link you helpfully provided.)
And I now remember being put off that pool, back then, by statements such as:

"New miners are better off mining elsewhere until the new reward system is setup, unfortunately"
- https://bitcointalksearch.org/topic/m.1118133

I never bothered to check back to see if a "new reward system" was ever instantiated.
sr. member
Activity: 476
Merit: 250
slush doesn't use CPPSRB... O.o
Apologies. Made an assumption.

I'll go look to see who actually does. Smiley

(Beginning by following the link you helpfully provided.)
legendary
Activity: 2576
Merit: 1186
I find the mechanism of PPLNS easier to understand for distributing a share of the Transaction Fees in a block than DGM.
Have you considered CPPSRB? It's very similar to PPLNS, but much less variance without sacrificing reward times (with PPLNS, you can get equivalent variance only by using N=difficulty*8, which means it takes 8 blocks to get your full reward on average).
Yes, I did.

I had some hassles setting up for slush in the Fall of 2012 - surely all on my side, and also ran across statements such as these when doing research at that time:

"slush's method is high variance, less hoppable than proportional, but still significantly hoppable."
- https://bitcointalk.org/index.php?topic=1976.msg712136;topicseen#msg712136

No doubt my experience is outdated and the actual pool performance has changed since Meni Rosenfeld made those comments, but it is what it is. I've felt no need to make another try at slush since that first try.

-- edit
"it takes 8 blocks to get your full reward on average"

And since I typically see about 10 blocks a day, this hasn't impacted me. To my notice.
slush doesn't use CPPSRB... O.o

Edit: Example CPPSRB pools would be Eligius and BitPenny.

The 8 blocks thing is with low-variance PPLNS - to my knowledge, no pool uses this.
sr. member
Activity: 476
Merit: 250
I find the mechanism of PPLNS easier to understand for distributing a share of the Transaction Fees in a block than DGM.
Have you considered CPPSRB? It's very similar to PPLNS, but much less variance without sacrificing reward times (with PPLNS, you can get equivalent variance only by using N=difficulty*8, which means it takes 8 blocks to get your full reward on average).
Yes, I did.

I had some hassles setting up for slush in the Fall of 2012 - surely all on my side, and also ran across statements such as these when doing research at that time:

"slush's method is high variance, less hoppable than proportional, but still significantly hoppable."
- https://bitcointalk.org/index.php?topic=1976.msg712136;topicseen#msg712136

No doubt my experience is outdated and the actual pool performance has changed since Meni Rosenfeld made those comments, but it is what it is. I've felt no need to make another try at slush since that first try.

-- edit
"it takes 8 blocks to get your full reward on average"

And since I typically see about 10 blocks a day, this hasn't impacted me. To my notice.
hero member
Activity: 868
Merit: 1000
Call me crazy... but if I ran a mining/hardware company with shareholders I would let them know when the 1st ASIC came online, and then again when surpassing the 1 TH/s mark.... tell the shareholders where they can see speed and earnings.....and not wait till the next weekly update.....  Huh

I'm pretty sure Friedcat would do the same...

I don't think it's ASICminer....

edit: it looks more like 16 Avalons coming online
legendary
Activity: 2576
Merit: 1186
I find the mechanism of PPLNS easier to understand for distributing a share of the Transaction Fees in a block than DGM.
Have you considered CPPSRB? It's very similar to PPLNS, but much less variance without sacrificing reward times (with PPLNS, you can get equivalent variance only by using N=difficulty*8, which means it takes 8 blocks to get your full reward on average).
sr. member
Activity: 476
Merit: 250
we'll know more tomorrow.
Yep.

I hope.
Unless all the ASICMINER crew evaporated for Chinese New Year?  Smiley

At this time I consider it an good bet that it is either 'us', or more of the Avalons have started to be actually delivered.
donator
Activity: 919
Merit: 1000
If it is ASICMINER, I would vote, a very minor shareholder vote, for throwing the hashes at BitMinter or OzCoin.

I like the idea of being paid a share of Transaction Fees as well as the base share of 25 per block found.
(Pure PPS is just leaving money on the table.)
I am mining at OzCoin and track the top20 continuously.

Over the weekend there was a large (somewhere at 0.5TH) anonymous miner popping up for a day and left meanwhile.

To me it looks like someone is testing which pool can handle huge hashing power best, we'll know more tomorrow.
sr. member
Activity: 476
Merit: 250
#vote: p2pool

I concur, an excellent choice.

If it is stable enough for the hash rate from a single miner.

I have no idea.

And, I expect, more of a hassle for friedcat, or his delegated minion, to set up.
legendary
Activity: 2058
Merit: 1005
this space intentionally left blank
#vote: p2pool
sr. member
Activity: 476
Merit: 250
If it is ASICMINER, I would vote, a very minor shareholder vote, for throwing the hashes at BitMinter or OzCoin.

I like the idea of being paid a share of Transaction Fees as well as the base share of 25 per block found.
(Pure PPS is just leaving money on the table.)

Both those pools have Stratum running and think they're ready to accept ASIC levels of load. Smiley

-- edit --
I actually prefer BitMinter. Where I'm mining now.

I find the mechanism of PPLNS easier to understand for distributing a share of the Transaction Fees in a block than DGM.
sr. member
Activity: 476
Merit: 250
Another buyer has made the same request, so: let this post stand testament that forum user BitHub has sent me 10.08 bitcoins at my address 14uH2222JviobW9kSHfVNBqSHCmGhvBpif (http://blockchain.info/address/14uH2222JviobW9kSHfVNBqSHCmGhvBpif) in exchange for 28 of my shares of ASICMiner.

Despite the overwhelming demand, I am simply not looking to sell any more of my shares, however. Thank you :]

Forum user Bogart has requested I put notice in this thread that I have transferred 50 of my shares to him in exchange for 18 BTC to be received at the address 1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE (http://blockchain.info/address/1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE)

I am not looking to sell any more of my shares at this time. Thank you

On a more thread-related note, it is exciting to speculate on this mystery miner. We can only hope that it's friedcat! Can't wait for Thursday's news.
quoted to lock it in

Feel free to quote this post as well :]
Transaction locked.  Smiley
sr. member
Activity: 476
Merit: 250
quoted to lock it in
Feel free to quote this post as well :]
No offense meant, rxw.

Part of my 'job' is to process transactions.   Wink
rxw
newbie
Activity: 49
Merit: 0
Another buyer has made the same request, so: let this post stand testament that forum user BitHub has sent me 10.08 bitcoins at my address 14uH2222JviobW9kSHfVNBqSHCmGhvBpif (http://blockchain.info/address/14uH2222JviobW9kSHfVNBqSHCmGhvBpif) in exchange for 28 of my shares of ASICMiner.

Despite the overwhelming demand, I am simply not looking to sell any more of my shares, however. Thank you :]

Forum user Bogart has requested I put notice in this thread that I have transferred 50 of my shares to him in exchange for 18 BTC to be received at the address 1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE (http://blockchain.info/address/1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE)

I am not looking to sell any more of my shares at this time. Thank you

On a more thread-related note, it is exciting to speculate on this mystery miner. We can only hope that it's friedcat! Can't wait for Thursday's news.
quoted to lock it in

Feel free to quote this post as well :]
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
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