Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 - page 11.

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Quote from: bigolin on March 25, 2018, 03:26:26 PM

Thanks for keeping us in the loop.
How is the notification issue coming? Any chance we may see that soon? I noticed there is already an "email" setting under our account overview and figured it could be as simple as the option being a toggle for "Receive notifications on block". Just checking in and looking forward to the progress!

I'm not working on more notifications yet.

But what I'd like to do is make a separate page with email preferences where you can choose what types of email you want to receive, and then add several new types of notifications.

One issue with sending more emails is that users of Microsoft email services (msn.com, outlook.com, hotmail.com, live.com) frequently report them as spam. They type in their email address when they create their account. Then they receive the email confirmation message and immeditaly report it as spam. This has gotten Bitminter banned from delivering email to these Microsoft services several times already.

Maybe all the toggles can default to off for Microsoft users. Tongue

bigolin

jr. member

Activity: 136

Merit: 2

Quote from: DrHaribo on March 25, 2018, 02:12:03 PM

Bitminter now supports Bech32 addresses. So you can cash out to native segwit addresses - those are the addresses starting with "bc1" as specified by BIP-173.

Note that many services don't support Bech32 yet. It's especially annoying that some block explorers don't appear to be able to look them up yet. But I'm sure this will change soon.

If you are using Bitcoin Core then you need to upgrade to version 0.16.0 to get Bech32 support.

More about Bech32:

https://github.com/bitcoin/bips/blob/master/bip-0173.mediawiki
https://en.bitcoin.it/wiki/Bech32_adoption

Thanks for keeping us in the loop.
How is the notification issue coming? Any chance we may see that soon? I noticed there is already an "email" setting under our account overview and figured it could be as simple as the option being a toggle for "Receive notifications on block". Just checking in and looking forward to the progress!

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Bitminter now supports Bech32 addresses. So you can cash out to native segwit addresses - those are the addresses starting with "bc1" as specified by BIP-173.

Note that many services don't support Bech32 yet. It's especially annoying that some block explorers don't appear to be able to look them up yet. But I'm sure this will change soon.

If you are using Bitcoin Core then you need to upgrade to version 0.16.0 to get Bech32 support.

More about Bech32:

https://github.com/bitcoin/bips/blob/master/bip-0173.mediawiki
https://en.bitcoin.it/wiki/Bech32_adoption

acejay320

newbie

Activity: 3

Merit: 0

k thank you

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Quote from: acejay320 on March 25, 2018, 12:46:15 PM

is there a way to get gridseed gc3355 to work with bitminter

It's not supported by Bitminter client. But you can use it at the Bitminter mining pool the same way you use it at any other pool. Probably with cgminer or bfgminer?

acejay320

newbie

Activity: 3

Merit: 0

is there a way to get gridseed gc3355 to work with bitminter

JoseR

newbie

Activity: 3

Merit: 0

Quote from: bigolin on March 15, 2018, 02:30:10 PM

Quote from: JoseR on March 15, 2018, 10:52:43 AM

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC

On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
Shocked

It all comes down to how many blocks were found during your "Shifts". As shifts fall off without finding a block (which happens to many shifts during a nasty 97% CDF block like the last one) those shifts do not receive pay since no blocks were discovered. With this pool, only the last 10 shifts are paid when a block is found. For example, in December, during that block the total TH/s was 2.7 Ph, while in the most recent the total TH/s was almost 8 Ph. This means that the % of shares per shift was significantly smaller unless you also increased your hash rate during the jump. As of now the current hash rate of the pool is hovering around 4.5 Ph/s. We lost a lot of hash rate after that last block so shifts will take longer to complete, but at the same time, your percentage of submitted shares will rise and the amount you are paid will theoretically be higher than it was when there were many more miners and a higher pool hash rate.

The only way you can expect the same pay on two blocks would be for the pool hash rate to stay the same, and for the block reward to be around the same size. I'm sure in December there were a lot more Transaction fees than there are currently which is a small factor in differing pays.

Thanks for the explanation! Wink

bigolin

jr. member

Activity: 136

Merit: 2

Quote from: JoseR on March 15, 2018, 10:52:43 AM

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC

On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
Shocked

It all comes down to how many blocks were found during your "Shifts". As shifts fall off without finding a block (which happens to many shifts during a nasty 97% CDF block like the last one) those shifts do not receive pay since no blocks were discovered. With this pool, only the last 10 shifts are paid when a block is found. For example, in December, during that block the total TH/s was 2.7 Ph, while in the most recent the total TH/s was almost 8 Ph. This means that the % of shares per shift was significantly smaller unless you also increased your hash rate during the jump. As of now the current hash rate of the pool is hovering around 4.5 Ph/s. We lost a lot of hash rate after that last block so shifts will take longer to complete, but at the same time, your percentage of submitted shares will rise and the amount you are paid will theoretically be higher than it was when there were many more miners and a higher pool hash rate.

The only way you can expect the same pay on two blocks would be for the pool hash rate to stay the same, and for the block reward to be around the same size. I'm sure in December there were a lot more Transaction fees than there are currently which is a small factor in differing pays.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: JoseR on March 15, 2018, 10:52:43 AM

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC

On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
Shocked

all depends on how many blocks you find in that period of time. Pretty simple concept!

JoseR

newbie

Activity: 3

Merit: 0

Oh my god!!
After +2 months working and take this??

Date & Time    Description    Debit    Credit
2018-03-11 17:12    Payment for block 512944       0.00701715 BTC
2018-03-11 17:12    Donation to BitMinter BTC donations    0.00007017 BTC

On December for less than a month and with the same machine I take 0.05113840 BTC

Is this correct??
Shocked

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Quote from: bigolin on March 13, 2018, 08:17:06 AM

Hey Doc!

I just noticed that the Shifts page is reflecting the last shift that fell off is a 0 pay when we know that a block was discovered during the shift. Just wanted to bring it to your attention in case for whatever reason the shifts page is getting a little more screwy on you than the usual.

Damnit! I think I broke it. I'll have another look at it.

Thanks for letting me know

bigolin

jr. member

Activity: 136

Merit: 2

Hey Doc!

I just noticed that the Shifts page is reflecting the last shift that fell off is a 0 pay when we know that a block was discovered during the shift. Just wanted to bring it to your attention in case for whatever reason the shifts page is getting a little more screwy on you than the usual.

bigolin

jr. member

Activity: 136

Merit: 2

Quote from: Mikestang on March 12, 2018, 12:13:45 PM

Hey, look at that, we got a block and I didn't even notice. Cool

Hence the need for those notifications! Hopefully those bad boys will be up and running by the next block. Come on Doc! You can do it!

Mikestang

legendary

Activity: 1274

Merit: 1000

Hey, look at that, we got a block and I didn't even notice. Cool

bigolin

jr. member

Activity: 136

Merit: 2

Quote from: DrHaribo on March 11, 2018, 04:13:27 AM

Yeah, I should probably add notifications by email. Currently there is the Yo thing, and also notifications in the chat.

Awesome. Let me know if I can do anything to assist. I'm down for some testing on notifications.

LevinSwe

newbie

Activity: 11

Merit: 0

Hi,

longman77, I think it's rented hashes, someone rented SHA256 at nicehash with a 50PH limit for some days ago.

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Yeah, I should probably add notifications by email. Currently there is the Yo thing, and also notifications in the chat.

bigolin

jr. member

Activity: 136

Merit: 2

Doc,

I've been meaning to ask and thought this might be the easiest method of discussion. Is there any possibility for a notification system or an app that would alert when a block is found? I discovered that you were utilizing the Yo App for a while and I have sent multiple Yo's but never receive one when a block is discovered. Are there any plans to implement some type of a notification system on the accounts? That would be the most simple method I would assume since we are registering accounts via email address. Just a thought. I know I would personally love this, even if it required a donation and was considered a perk.

longman77

newbie

Activity: 18

Merit: 0

41 Thps -- Wow

What does one have to yield that kinda of hash power?

Almost 3000 S9's??? and a small nuclear power plant to power them??

or is there some type of hardware that can scale up to those levels without 3000+ machines?

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Quote from: tredos1 on March 10, 2018, 12:31:51 PM

Thanks Dr. Haribo for clearing up my understanding of how the fees work, it makes a lot more sense to me now. To further display my ignorance, how will it work for fees when we reach the end state of all the coins being found? I assume the idea would be for bitcoin to remain a viable currency at that point? At least that's what the founder must have had in mind. Given that, was the idea that everyone would just provide hashpower for free in order to participate in the community of bitcoin when there were no more coins to be mined? Sorry if that's a stupid question.

Yeah, at that point you mine for fees.

Today you earn new coins + transaction fees. Once all coins have been created, the "new coins" will be zero. So transaction fees are then 100% of your earnings from mining.

Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 - page 11. (Read 324945 times)