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Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 - page 28. (Read 324945 times)

newbie
Activity: 4
Merit: 0
May I propose a new feature?

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.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
And your first block signalling segwit support Smiley

Indeed it is. Unfortunately segwit voting doesn't seem to go much higher than 30% so I guess it may take a while until we see segwit activated.

Aye. At this stage watching percentage voting yes is pointless as it is purely going to depend on number of large pools supporting it rather than absolute percentage. If, and, as soon as, another pool supports segwit the percentage will jump up and stabilise with their hashrate percentage. So it's been static for almost a month since the same sizeable pools have been featuring in the yes vote.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Isn't a new shift meant to start when we hit a block? Stats say last shift finished 2016-12-27 04:44

No, that would be the proportional reward system, which would leave us vulnerable to pool hopping.

See http://bitcoin.stackexchange.com/questions/5072/what-is-pool-hopping
newbie
Activity: 24
Merit: 0
There's that Christmas block! Tongue


Isn't a new shift meant to start when we hit a block? Stats say last shift finished 2016-12-27 04:44
hero member
Activity: 2534
Merit: 623
There's that Christmas block! Tongue


Come on blocks!!! I need to start saving some btc for sidehacks new pods!!  Cheesy
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
And your first block signalling segwit support Smiley

Indeed it is. Unfortunately segwit voting doesn't seem to go much higher than 30% so I guess it may take a while until we see segwit activated.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
There's that Christmas block! Tongue

And your first block signalling segwit support Smiley
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
There's that Christmas block! Tongue
hero member
Activity: 2534
Merit: 623
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Come on, let's have a Christmas block Smiley
legendary
Activity: 1274
Merit: 1000
hero member
Activity: 2534
Merit: 623
BLOCK!!!!   Only 73.24% so if I assume there is a trend the next one should be around the 50% mark  Grin
hero member
Activity: 578
Merit: 501
Soooooo..............anyone fancy sorting this block out?
We are still under the average number of shares at the current difficulty by about 90,000,000,000 shares.
hero member
Activity: 2534
Merit: 623
Soooooo..............anyone fancy sorting this block out?
hero member
Activity: 578
Merit: 501
Hey, where do I "thumbs up" posts again? Oh wait, forgot where I was for a sec.
This is not Reddit. Tongue
donator
Activity: 2058
Merit: 1007
Poor impulse control.
Unfortunately there are no tricks to achieve good luck. Worker difficulty won't affect finding blocks. Empty blocks could be used to reduce the orphan rate a tiny bit. But it won't affect finding blocks.

Talking about time and luck gets confusing. Time depends a lot on hashrate. If you look at time you get the wrong impression of luck.

Number of rounds is directly related to luck though. "7 blocks in a row were above 50% CDF." That says something about luck. I'm sure that has happened several times to all long-running pools though.


Hey, where do I "thumbs up" posts again? Oh wait, forgot where I was for a sec.

hero member
Activity: 2534
Merit: 623
There is no amount of words that can change anything. To get more blocks we would need a higher hashrate, but who's to say that we would get the blocks then anyway. Imagine a massive selection of draws all bundled together. There are 10 green straws among 1000 red straws. You have to find the green straws while blindfolded. If you're lucky you'll get them quickly. If not you would work through 990 straws before you got any greens. Now if you had five more people (all blindfolded) then all of you could choose at the same time. You would work through them quicker but you could well find that you still pick 990 red straws before you get any greens. Or you may find them all quickly. There is no way to know. It is what it is....luck.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
Unfortunately there are no tricks to achieve good luck. Worker difficulty won't affect finding blocks. Empty blocks could be used to reduce the orphan rate a tiny bit. But it won't affect finding blocks.

Talking about time and luck gets confusing. Time depends a lot on hashrate. If you look at time you get the wrong impression of luck.

Number of rounds is directly related to luck though. "7 blocks in a row were above 50% CDF." That says something about luck. I'm sure that has happened several times to all long-running pools though.
newbie
Activity: 24
Merit: 0
The only incentive that will draw miners back is some green blocks.

Although it is ultimately down to luck there may be some tweaks such as difficulty setting that could affect the odds. I'm no expert but I think it may affect the pool's total results if we all picked the "Easy Mode" perk or alternatively if we all ticked the (non-existent) "hard-mode" perk. Maybe we should even stoop low enough to mine empty blocks to give the pool a few seconds head start over the others on each new block. At the moment I feel that odds are against us like playing roulette on a table that has a double-zero as well as the normal one. There may even be some mining rigs that are luckier than others, I wouldn't put it past the manufacturers to add a "withhold block if you're not using their pool" algorithm although I expect someone's checked through the code to ensure that's not true.

Sorry about the rant Doc but it can't be just bad luck for 3 months solid. 
full member
Activity: 171
Merit: 100
Unfortunately there is no incentive for anyone to come back. And that's just the scary truth. For those of us who remain, we still get paid the same. Only now our earnings are farther apart.

Maybe we can do a promotion to sway miners back.
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