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Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 - page 27. (Read 324945 times)

legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
Damn it's been quite a while since we've hit a block. I've been chugging along with one S3 on the pool, glad to see that it's still making me something Smiley variance is high on pools like Bitminter but they still get blocks.
hero member
Activity: 2534
Merit: 623
BLOCK by sug!!! Its another one in the black so all good so far  Grin
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
i use bitminter for the last 2 years if i remember good.
I tried some other pools back then for 1 week each. and i came up with the opinion that at that time was the best option.
i have some antminers over there and very happy with results.

by the way i would like to buy some more now but i am outside the trends for the last 2 years... if have any kind of proposal for what to buy and of course connect it also to bitminter let me know
hero member
Activity: 2534
Merit: 623
Block yesterday by sergeantloki. Its in the black !!!  Grin
legendary
Activity: 1274
Merit: 1000
Looks like we got a block over the weekend.  Cool
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
I just wish there were a few more of them but the hashrate just isn't big enough. Still I hold out hope that they are at least in the green or black these days.
The fact that they're even finding blocks is pretty encouraging; these kinds of pools haven't died yet and probably won't die for quite some time. I still support them with a bit of hashrate every now and then as they're one of the original and clean pools. I still have memories of using U1 and U2 miners on the pool and getting some nice btc from em as the GUI was very easy to use.
hero member
Activity: 2534
Merit: 623
I just wish there were a few more of them but the hashrate just isn't big enough. Still I hold out hope that they are at least in the green or black these days.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Congrats on the block find Smiley.  Love to see the small pools finding blocks!
hero member
Activity: 2534
Merit: 623
BLOCK by SINYC and its in the black!! Grin
hero member
Activity: 578
Merit: 501
holy sh*t sticks 49 days for a block??!!!

The pool hashrate is just too low. The variance is going to be really high.
newbie
Activity: 14
Merit: 0
holy sh*t sticks 49 days for a block??!!!
hero member
Activity: 2534
Merit: 623
Best efficiency and hashrate is the S9 now. Avalon A721 is a very close second. Avalon has reliability but Bitmain has slight better stats. Hashrate wise it's between 12-14Th per machine. Size wise it's a 120mm each end with hasnbords contained in an extruded aluminium 120x120x300mm square tube (rough measurements).
newbie
Activity: 14
Merit: 0
 A nostalgia visit, once had the 12th largest hash rate with S2's  a few years back, sold everything and moved on... but i miss it... dam!
so my question is what does the average mining rig look like now? which is the best miner? what is the average hash rate? etc

I know this was the best pool by far!
good job. ( best hancock voice )
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
GeForce 8600GT doing 4 MH/s sounds right. It's an extremely slow GPU that people would not mine on even in 2011. Maybe in 2010?
hero member
Activity: 2534
Merit: 623
just the test program not actually mining


Fair enough. Not sure why as it's bitcoin related. You'll get different results mining an altcoin as the algorithm is different  Wink
sr. member
Activity: 468
Merit: 250
just the test program not actually mining
hero member
Activity: 2534
Merit: 623
You shouldn't be using gpus to mine bitcoins. It hasn't been done in years. You will never earn any bitcoins mining direct. You should mine an altcoin and sell that for btc.
sr. member
Activity: 468
Merit: 250
hi and happy new year everyone Smiley

i signed in to test some of my gpu's with the java app and i'm a bit confused.

The first one is a GeForce 8600GT

the dial gauge says 4.27Mhps.

the lower right corner says 4277Khps.

that seems to match.

but when i float my mouse pointer over the lower right corner it says hashrate is in hashes per second.

so which one is correct?

4277Khps or 4277hps?

thanks Smiley

P.S. - my miner program says 8300Khps to 9500Khps which i know is way off which is why i used bitminer in the first place.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Every miner should have the right to propose a transaction that will be added to the next block found by bitminter surely. So there is a chance to get a transaction into the chain that is waiting for a confirmation for a while.

Of course there should be limits for carrying out that possibility. Maybe you have to be active part of the pool for a while, one per month max or something like that. But I think such a feature could push the popularity of that pool a bit.

That's an interesting idea. It would be a very nice feature.

One issue might be that some would use it to scam services that accept zero-confirmation transactions, like some gambling sites do.

Another issue might be some people using this to push through their own low-fee transactions or even accepting payments from a third party to include their low-fee transactions. No harm as long as it would just benefit that miner. But it reduces what we earn from transaction fees from a block, so it hurts all the other miners in the pool.

If this was limited then the second issue probably wouldn't be much of a problem. Double-spending zero-conf txes is harder to do something about.

Have to think more on this.

I have question. I understand score system kind of. But is score like percent of total shares at that given time right. Correct me if I am wrong.

We use PPLNS with shifts, where the work in the 10 latest shifts gets paid when a block is found. Instead of paying each proof-of-work equally, the work is weighed by difficulty.

Let's say you do some work, then the difficulty goes up 5% and you do some more work. The work you did after the difficulty change will count 5% more towards your share of the coins.
newbie
Activity: 11
Merit: 0
I have question. I understand score system kind of. But is score like percent of total shares at that given time right. Correct me if I am wrong.
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