bit pit - (LP, ESMPPS, 8-decimal payout, SSL, API, 0% fee, Almost 0% Stales!) - page 29.

lowentropy

member

Activity: 84

Merit: 10

Quote from: lowentropy on June 20, 2011, 10:59:31 AM

We were writing a password reset feature yesterday, actually, when the whole MtGox thing happened and basically derailed us Sad

Expect it in the next few hours.

We've now rolled out a reset password feature. Just follow 'Change Password' in the top navigation bar.

We'll also be working on some other account administration basics, like a forgotten password feature, and the ability to re-label and delete your workers.

Thanks everyone! ~26 GH/s now!

lowentropy

member

Activity: 84

Merit: 10

Quote from: RedLine888 on June 20, 2011, 10:30:24 AM

Can you explain me what happened!

I have an account at your pool! I've being mining for several days but my PC restarted and when I reenter the pool I have no workers at all and no rewards at all also I have no e-mail address written and no wallet. When I reenter them and click update it says that it is already used by another user!

WTF?

Thanx

I see you just emailed support, I am looking into this ASAP.

Quote from: Synaesthesia on June 20, 2011, 10:33:23 AM

Scary. I just emailed them and asked if there's a way to change the password.

We were writing a password reset feature yesterday, actually, when the whole MtGox thing happened and basically derailed us Sad

Expect it in the next few hours.

Quote from: kakobrekla on June 20, 2011, 10:40:44 AM

I hope MultiPool comes and hops the pool on above average lenght rounds. Then we will see how cool your scoring method is.

I think you misunderstand several things. First, it's not "our" scoring method, it was invented by Meni Rosenfeld (http://forum.bitcoin.org/index.php?topic=4787.0). Second, it was designed precisely to be immune to pool-hopping

MultiPool's stated purpose is actually to raise awareness of pool-hopping and point out that proportional score systems are broken.

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

I hope MultiPool comes and hops the pool on above average lenght rounds. Then we will see how cool your scoring method is.

Synaesthesia

sr. member

Activity: 546

Merit: 253

Scary. I just emailed them and asked if there's a way to change the password.

RedLine888

full member

Activity: 236

Merit: 109

Can you explain me what happened!

I have an account at your pool! I've being mining for several days but my PC restarted and when I reenter the pool I have no workers at all and no rewards at all also I have no e-mail address written and no wallet. When I reenter them and click update it says that it is already used by another user!

WTF?

Thanx

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

"your new hashes count more than your old hashes"

WRONG. What you are doing is: Your old hashes are worth nothing. while Round duration: 9 days, 10 hours, 45 minutes, 47 seconds

"you should continue mining until they find the block to maximise your payout."

maximise your payout == not get absolute zero for your hard work

Ridiculous.

Synaesthesia

sr. member

Activity: 546

Merit: 253

Quote from: kakobrekla on June 20, 2011, 10:03:00 AM

Quote from: lowentropy on June 20, 2011, 09:57:23 AM

Your variance in a small pool like ours will naturally fluctuate;

What the fuck does this has to do with anything. There is no variance since you solved 0 blocks. We are talking about solving 1 block. It doesnt even matter how big. What matter is im getting x/3 of my work acknowledged instead of x.

So this is fair?

Quote from: lowentropy on June 20, 2011, 09:57:23 AM

We acknowledge this is a concern, which is why we intend to decrease the decay factor next round. But we simply don't feel comfortable re-valuing everyone's shares in the middle of a round.

Yeah it's fair - your new hashes count more than your old hashes. What's unfair about that? A lot of pools use that method. As you say - you should continue mining until they find the block to maximise your payout.

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Quote from: lowentropy on June 20, 2011, 09:57:23 AM

Your variance in a small pool like ours will naturally fluctuate;

What the fuck does this has to do with anything. There is no variance since you solved 0 blocks. We are talking about solving 1 block. It doesnt even matter how big. What matter is im getting x/3 of my work acknowledged instead of x. You can easily verify this if you have basic understanding of how bitcoin and pools work - all data is available.

So this is fair?

Quote from: lowentropy on June 20, 2011, 09:57:23 AM

We acknowledge this is a concern, which is why we intend to decrease the decay factor next round. But we simply don't feel comfortable re-valuing everyone's shares in the middle of a round.

Again, people will be less mad if they are shown wrong estimate and payed correctly than getting payed incorrectly. You said it yourself you will fix it - means you admit its a mistake/error/bug/fuckup (which you then deny).

Join in everybody and get payed from kakobreklas pocket!

Earthlite Organics

newbie

Activity: 56

Merit: 0

I signed up and added all 200-300 of my Megahashes, lol.

My other pool's site seems to go down every other day, trying this one on for size! Thanks.

lowentropy

member

Activity: 84

Merit: 10

Quote from: kakobrekla on June 20, 2011, 08:55:11 AM

50/877227*30000 = on average 1.7 btc. (actually over 31k)
My expected payout is 0.3 to 0.9 - depending on the last minute luck. (And current block luck factor is only 1.1)

Your calculation seemingly assumes we're a proportional pool, which we're not. Your old shares do not matter as much as your new ones. What counts is your hashrate vs. the total hashrate.

Quote from: kakobrekla on June 20, 2011, 08:55:11 AM

Quote from: 1bitc0inplz on June 20, 2011, 08:51:40 AM

We actually have round 2 setup to use a slower decay factor, but we didn't feel comfortable changing the decay mid-round. Once we start round 2, it should be better.

So when you notice something is fucked you rather leave your users assraped than fixing the mistake asap and limiting the damage. There is a difference between users seeing their estimated reward wrong and getting payed wrong.

The scoring system is working as expected. Your variance in a small pool like ours will naturally fluctuate; as we grow your score will become more steady. But the scoring system is not a "mistake", it is working as designed. If you want a proportional reward, this is not the pool for you.

Quote from: kakobrekla on June 20, 2011, 08:55:11 AM

(Imagine being disconnected few min before block is solved!)

We acknowledge this is a concern, which is why we intend to decrease the decay factor next round. But we simply don't feel comfortable re-valuing everyone's shares in the middle of a round.

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Quote from: Synaesthesia on June 20, 2011, 09:42:50 AM

Mining with bigger pools gets you much more regular income - mining with small pools is riskier.

Also this block may be way over 8770000 shares you know - that throws a wrench in your calculations.

Can you read? He posted 1.1 luck factor. Meaning 8770000*1.1 shares. If block would be found in that moment, I should be getting ~1.5 if things are fair, not .5. 300% difference. Fuck that.

Synaesthesia

sr. member

Activity: 546

Merit: 253

Mining with bigger pools gets you much more regular income - mining with small pools is riskier.

Also this block may be way over 8770000 shares you know - that throws a wrench in your calculations.

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Well....

50/877227*30000 = on average 1.7 btc. (actually over 31k)
My expected payout is 0.3 to 0.9 - depending on the last minute luck. (And current block luck factor is only 1.1)

Disappointing Sad

Edit: even lower now, at max possible hashrate (my rate is 300, site is showing 320 - my lucky strike) im getting less than 0.6. Unacceptable.

Quote from: 1bitc0inplz on June 20, 2011, 08:51:40 AM

We actually have round 2 setup to use a slower decay factor, but we didn't feel comfortable changing the decay mid-round. Once we start round 2, it should be better.

So when you notice something is fucked you rather leave your users assraped than fixing the mistake asap and limiting the damage. There is a difference between users seeing their estimated reward wrong and getting payed wrong.

I guess I better not stop now or ill get fuckin 0 for my 30k shares.

(Imagine being disconnected few min before block is solved!)

1bitc0inplz

member

Activity: 112

Merit: 10

Quote from: kakobrekla on June 20, 2011, 08:46:23 AM

IMHO shares value is degraded too quickly. I have been in from the start, over 30k shares submited and my reward is jumping between 0.3 to 0.9 btc all the time. (slow hashrate) Sad

We agree.

We actually have round 2 setup to use a slower decay factor, but we didn't feel comfortable changing the decay mid-round. Once we start round 2, it should be better.

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

IMHO shares value is degraded too quickly. I have been in from the start, over 30k shares submited and my reward is jumping between 0.3 and 0.9 btc all the time. (slow hashrate) Sad

Its like only luck (speed of solving) of last few minutes (before block is solved) of share submiting counts. I understand this is a anti pool hopping measure, but isnt it a bit too aggresive?

1bitc0inplz

member

Activity: 112

Merit: 10

Quick update for everyone.

Here are our latest round staistics:

Code:

round: 1
shares in round: 971136
current difficulty: 876954.49351354
luck: 1.1073961159707608

This block is imminent, I can feel it!

RedLine888

full member

Activity: 236

Merit: 109

Thanx for the explanation!

Keep on hashin'

Grin

Tx2000

full member

Activity: 182

Merit: 100

Good to see more joining. At any rate, time for sleep. Been a wild day for BTC for sure. Hopefully the pool will have it's first block in the morning.

1bitc0inplz

member

Activity: 112

Merit: 10

Quote from: jme621 on June 20, 2011, 01:43:32 AM

just added 600mh to the cause, cause i want the bonus hehe

edit: just for fun, gonna giva ya 1.2gh for the next 24hours or until we find block, which ever happens first. then ill keep 600 there.

Thank you, I appreciate your contribution.

1bitc0inplz

member

Activity: 112

Merit: 10

Quote from: RedLine888 on June 20, 2011, 02:01:09 AM

Hi!

Can you please tell me what does it mean if my real hashing power is 4x420+ Mh\s but at your pool it is displayed as 4x250-400 Mh\s?

Thanx!

Our pool only really shows an estimate. If you look at the total pool hash rate you will see it swings up and down. We are still tweaking it, but no matter how much we tweak it, it will never show what your own miner shows. Your miner will always show you your "true" hash rate.

Have no worries, the hash rate we show you is merely informational, and has no bearing on shares, estimated rewards, or score.

I have a 295 MH/s card myself, right now pool.bitp.it shows my hash rate at 325 MH/s... other times I've seen it as low as 220 MH/s... lol.

Topic: bit pit - (LP, ESMPPS, 8-decimal payout, SSL, API, 0% fee, Almost 0% Stales!) - page 29. (Read 80690 times)