Topic: BITMAIN announces Antpool - page 54. (Read 383084 times)

Hmmm. still sounds like there milking the cow to me.

hmmm, I see BITFURY coming up. I don't like the fact that home miners cant mine on there pools you are forced into cloud mining or some shit ! so its decentralization for who the rich or the poor ?

IP address is not relevant.

That is purely the IP address that was fastest/first to pass the block header to blockchain.com - no way is that in any way guaranteed to be the pool that found it

blockchain.com does not connect to every bitcoin node on the planet - not even every pool on the planet.
There is actually no specific reason to have a pool bitcoin connected directly to blockchain.com

It could be the IP address of a bitcoin running in your granny's garage that passed a block to blockchain first.

Bitcoin is peer 2 peer.

I figured I could join in on this discussion... what are people's thoughts on this?

https://forum.bitmain.com/bbs/topics/1832?page=1

I slowly got into mining, based on interest in Bitmain ASICs, even tried out their cloud mining at Hashnest, but realized that it is almost a Ponzi scheme, especially when I lost about half my investment with their New Year's "gift" (which isn't much considering I know others who lost much more there with this stunt they pulled):

https://forum.bitmain.com/bbs/topics/983

Thanks to Bitmain being shady, I am completely out of mining, as it seems they like to control the market:

https://forum.bitmain.com/bbs/topics/1829

I have a feeling that this is the "centralization" of a decentralized currency.... Considering they manufacture the ASICs, and can plug as many as they want, and you KNOW they will announce the Antminer S50+ with 10 PH power in just a month (sarcasm), even though they still have a good inventory of their last model that they haven't sold... and they will probably sell too...

just like their PACMiC scheme:

https://forum.bitmain.com/bbs/topics/1823

What also scares me, is that most Bitcoin nodes are US based, yet the biggest ASIC manufacturers and pools are Chinese based...

No.
If the pool hash rate goes up, so does it's expected block finding rate.
The effects on your expected payouts are luck (non PPS) and network difficulty.

When the pools hash power increases and yours stays the same, then you contributed a smaller slice of the pie because the pie ain't gettin' any bigger.
To keep up with the Jones's, You, gotta keep up with the Jones's.

increasing hashing power, decreasing payout.
why? i dont know, maybe just bad luck.

Good work! Well done!

They've accomplished a lot in the last couple of years, but much of it has obviously been rushed and is characterized by lack of experience.

I hope they get their act together.

BTW: That was the right amount off asshole. It's like saffron, you just need a smidgen.

Keep up the good work you and CK are the best.

Your welcome
If my post of information and complaint is called flinging shit, yours is nothing but diarrhoea.

The P2Pool comment is as I said - feel free to point out how it is incorrect.

I'm the one who has been lobbying bitmain the most to get them to release GPL software they should have.
Oddly enough because ... it was -ck's and my cgminer that they didn't bother to release the code within the terms of our license agreement.
For each of the S1/S2/S3, it has been outside the license requirements when they finally did release it (no Idea about S4/C1/S5 - look it up yourself)
Obviously when I've had to deal with a company that has not adhered to the license agreement terms, in the software we provided, but rather decided their own terms in violation of the license, I'm not going to be painting a rosy picture of them.
I often deal with Bitmain directly, as they have directly with me, I know their names, emails, skypes (and no I won't be sharing any of that information)
They've even paid for 3 of my 7 Bitmain miners and sent them to me.
i.e. I'm not posting random comments, I've dealt with them directly.

Once the S1 code was finally available, I reformatted and recoded it into a proper cgminer driver without various problem they introduced in their version (as also with S2 and finally recently with S3 - all of them in the master cgminer git)
They have still, to this day, ignored those fixes first in the S1 code in the public cgminer git since March last year

I have been asking them multiple times, directly, for a long time, to release the SPI driver code, which they should have released with each miner, that's in all their miners.
They even have replied to me once in the past that they would, but then didn't ...
... that they finally did a few months ago in response to someone else

why are antpool payments not working.. and with as many different services that you have..
Why cant you make a Withdraw button. it seems only logical that there should be one.. instead of 24 hours potential of getting a payment and then ... excuses on why this did not happen

Yes, Dogie gets paid by Bitmain to help with support (as he frequently informs people of). Yes, Bitmain tries to make money. Yes, Bitmain clearly jumped straight into the deep end.

And how does kano try to contribute?

By flinging shit.



How about subtracting a little bit of asshole and see where it gets you?

There are some legitimate issues in here but your unique ability to cover them in shit makes it highly unlikely that we'll ever get some clarity in these regards.

And what give up all the profit he makes from bitmain and other company's from BULL***TING you no way.

Kano, again you're looking for a fight rather than a discussion and I won't indulge that. You can believe whatever you want.

What you just woke up?

I'm still wondering what is incorrect in what I said?

Yes I do tell people to update to the latest cgminer ... and it's free to update ... and it's better free software than the older version.
I have no fucking idea where you think that is related to telling people to spends hundreds of dollars to buy new miners from Bitmain.
If they didn't put you up to making this post, they really should get rid of you.

The 'oldest' - lol
Who cares what the 'oldest' is.
When did they sell the last ones?

... and subtract 42 days that I wrote that post ago ...
Yeah subtraction is tricky isn't it ... 15-Jun back to 4-May ... sounds like 42 not 30 ...

Do you actually even understand what I was talking about?

1 day 2 hours ago:
https://www.blocktrail.com/BTC/block/00000000000000000ac32c17a9ada0a79f0449681a7e8f3e2be6696b1b5d09d3

You seem to want me to repeat it .. ok ...

The fact that they ignored the license until pressured to abide by it ... until they needed to for their own gain.
I don't know what moronic world you live in, but in my world, a company that ignores doing what they are supposed to do until a long time later being pressured to do so, that repeated action falls directly under what I called - a bad track record.

... and it's even obvious why they did ...

They are no longer making high profit per item on the community - they've had to regularly reduce their profit margin, and most people have finally realised after a very long time that they lose BTC by buying Bitmain hardware - mainly due to the fact that the loss is now so obvious where as before required a bit of thought to see it.
So now most of their income is marginal on selling even cheaper again to businesses ... or maybe also selling cheap in china? Not sure about their china business.

So what is the pressure?
Simple - their profits are heading down and they are trying to find a way to catch interest ... even though it will fail ... it's too late.

... and getting a paid employee to fail at making a case for them ... oops

Well I guess you just assume everyone is an idiot and can't see the obvious and will listen to your post lacking anything of relevance.

They didn't need to care about such things before simply because they made so much profit making hardware.

Only just found this post but I feel its important to respond.


"P2Pool" was a terrible translation issue which led to incorrect claims. AntPool was never meant to join onto the original P2Pool network but was designed to decentralise pools. Bitmain spent $100,000s of man hours developing the open source pool software in the hope that others would host their own pools and break the network down into smaller chunks. That never happened, partially because of the technical difficulty in running a pool, the risk in holding miners' funds and because people want the biggest pool. Nothing about AntPool or its intentions is malicious and neither is open sourcing pool software.


The oldest S2s are now 440 days old, S3s 349 days old and S4s are 263 days old [410, 319, 233 at the time of his post]. At some point you have to draw the line, as does every other software company. For example, do you support users running cgminer 3.x, or do you tell them to update to the latest version?


Yes it was a bad thing.


So they did release the drivers, where is the malicious intent there? If they wanted to "screw the community" they'd have said "no" and never posted a thing.


The examples you've provided demonstrate no malicious intent nor willingness to do evil. On top of that you've still not explained why a company with probably the most vested financial interest in the world in Bitcoin succeeding would actively try and destroy Bitcoin. Its like claiming someone will burn down their own house just to wake you up at night. It doesn't make sense.

altcoins add up to ... pretty much nothing.

I've no idea why pools have altcoin equivalents of bitcoind running on their pool servers.
They make hardly anything and can cause all sorts of problems ... that most people don't even see

Which you don't get paid for anyway. that's why WESTHASH S*CkS !


The have a good payout rate yes, but you are mining altcoins for there greedy pockets.

since antpool doesnt show your best share, and you have one, and its too low to be a bitcoin block im guessing you have westhash/nicehash as your main pool with a high p= value and it switched to it sometime in the 9 days and found a few low diff altcoin blocks..

2 things:

1) You didn't find bitcoin blocks.
They would either be bitmain code bugs or altcoin blocks, if you had a pool back up of an evil altcoin.

2) The hash that finds a block, will not find it somewhere else.
Every hash you do MUST be different to every other one you would do on any other pool/solo
Otherwise you would be duplicating work (or mining to a faulty pool)
The technical details make it obvious - you are hashing different information.

Your question is not all that different to:
If I go to Caesars Palace and win a $1000 bet on black 17 on the roulette wheel, would it have won at the Monte Carlo if I bet black 17 at the same time?

I woke up this morning and decided to check the status of my AntMiner S4.  It showed 10 found blocks.  NFW!  All of my other AntMiners, S3's and S5's all show 0 FoundBlocks.

Does that mean that if I were solo mining, it would have found 10 blocks and I would have earned 250 bitcoins?

If this is the case, I'm switching to solo mining.  What are the settings I need to put in there for AntPool solo mining?



Elapsed        GH/S(5s)    GH/S(avg)        FoundBlocks    LocalWork      Utility    WU                BestShare
                     
9d8h15m54s  2,402.38       1,953.78       10                 466,548,240     5.99          27,293.96     179367