Thanx for that answer
Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 - page 61. (Read 325004 times)
June 11, 2015, 06:44:56 AM
aha.... that is sommething i can work with.
Thanx for that answer
Thanx for that answer
June 10, 2015, 04:40:41 PM
If you need the payout from one day to keep renting your miners the next day, then you will be out of coins the first time the pool hits bad luck. You run out of coins before we get some good luck again, like today with 3 blocks. That's not something I would recommend.
It could perhaps almost work if you kept the coins you earned when we had good luck as a buffer to cover bad luck later. But it will not work if you use the extra coins to rent more and more hashpower so that there is no buffer for bad luck.
The reason I say "almost" is that hashpower is always rented out at a higher price than the average you can earn with it. So the only way to profit is if you have good luck. Over the long term your luck goes towards average though, which means earning less than you pay to rent miners. We did have a lot of good luck. But sooner or later bad luck will strike.
It could perhaps almost work if you kept the coins you earned when we had good luck as a buffer to cover bad luck later. But it will not work if you use the extra coins to rent more and more hashpower so that there is no buffer for bad luck.
The reason I say "almost" is that hashpower is always rented out at a higher price than the average you can earn with it. So the only way to profit is if you have good luck. Over the long term your luck goes towards average though, which means earning less than you pay to rent miners. We did have a lot of good luck. But sooner or later bad luck will strike.
June 10, 2015, 03:39:58 PM
So because i build up the speed so i do not pay to much at miners i am a part time miner.... oke..
Than i am a part time miner for the last .. months or so i think... hmm.
Never mind, i learned my lesson by suprise.. not building up and not putting in much because i lose it en therefor really must stop now.
I am not talking about long blocks or sommething and so i think you do not get what i mean.. again.. never mind..
greetings.
Than i am a part time miner for the last .. months or so i think... hmm.
Never mind, i learned my lesson by suprise.. not building up and not putting in much because i lose it en therefor really must stop now.
I am not talking about long blocks or sommething and so i think you do not get what i mean.. again.. never mind..
greetings.
June 10, 2015, 11:05:56 AM
Every few days that i rented more and the payout catched up i rented little higher speed, i thought it still counted for if the speed went down that it as slowly went down. Just proven wrong i find out with this last block. Why did you do that doc??
The work you did in the last 10 shifts at the time the block is found is what will get paid. You can see your stats in the shifts here: https://bitminter.com/shifts (to see your own numbers you need to be logged in)
It is rare that we go this long between blocks though. 99.6% CDF on that round. So this is something that happens with 0.4% of the rounds. So one in 250 blocks will be this bad or worse.
This evens out pretty good for constant miners. For part time miners it can be harsh though, when we hit a dry spell.
June 10, 2015, 09:39:11 AM
235 Billions shares without a block should be a new records for us ?
Might be finally my turn to get one for us !
Might be finally my turn to get one for us !
Dude, stop messing around and get the block
I tried !! and failed again
June 10, 2015, 01:20:34 AM
Bloody @$##,
I took me weeks to build up what i earn and steady add more speed and in about 4 days of no speed(lost more than came in so not able to rent) not getting anything.
Every few days that i rented more and the payout catched up i rented little higher speed, i thought it still counted for if the speed went down that it as slowly went down. Just proven wrong i find out with this last block. Why did you do that doc??
Well, one last time till the little bitcoin cents are gone and than because of this need to stop. Just a little one for a why not..
I took me weeks to build up what i earn and steady add more speed and in about 4 days of no speed(lost more than came in so not able to rent) not getting anything.
Every few days that i rented more and the payout catched up i rented little higher speed, i thought it still counted for if the speed went down that it as slowly went down. Just proven wrong i find out with this last block. Why did you do that doc??
Well, one last time till the little bitcoin cents are gone and than because of this need to stop. Just a little one for a why not..
June 09, 2015, 01:34:11 PM
235 Billions shares without a block should be a new records for us ?
Might be finally my turn to get one for us !
Might be finally my turn to get one for us !
Dude, stop messing around and get the block
June 09, 2015, 11:41:54 AM
235 Billions shares without a block should be a new records for us ?
Might be finally my turn to get one for us !
Might be finally my turn to get one for us !
June 07, 2015, 04:49:35 PM
We are back on the usual server again. If you are mining at mint.bitminter.com you will get back on it again the next time your miners reconnect to the server. Until then your miners will be just fine on the other server.
Apologies for the problems this morning. Your miners probably experienced a few minutes of being disconnected until the switchover took effect.
Apologies for the problems this morning. Your miners probably experienced a few minutes of being disconnected until the switchover took effect.
thanks Doc !
June 04, 2015, 12:06:37 AM
We are back on the usual server again. If you are mining at mint.bitminter.com you will get back on it again the next time your miners reconnect to the server. Until then your miners will be just fine on the other server.
Apologies for the problems this morning. Your miners probably experienced a few minutes of being disconnected until the switchover took effect.
Apologies for the problems this morning. Your miners probably experienced a few minutes of being disconnected until the switchover took effect.
June 03, 2015, 11:46:38 PM
There's a problem with the main mining server. DNS has been switched over to a different server while the primary server is being fixed.
June 03, 2015, 01:56:53 PM
Geez.. Enough with the long rounds already..
May 31, 2015, 07:50:11 PM
Contgrats Bitminter for hitting the very last block at the 48 diff mark
Good riddance to 48 diff
You can say that again! lolz.
Also, in 2015 blocks, (notice the number, and this years #.. how nice..) it goes back to 46!
May 31, 2015, 02:41:14 PM
Contgrats Bitminter for hitting the very last block at the 48 diff mark
Good riddance to 48 diff
May 31, 2015, 02:08:40 PM
Wow..
Just FYI.
Contgrats Bitminter for hitting the very last block at the 48 diff mark
Just FYI.
Contgrats Bitminter for hitting the very last block at the 48 diff mark
May 30, 2015, 10:09:02 AM
Wow, that is some awesome luck this morning! Nice payouts today.
Yes indeed Doc. Made a nice chunk of change myself overnight
Nice payouts today.Yes indeed Doc. Made a nice chunk of change myself overnight
Welcome to the pool!
Thanks!
Everyone, also with the diff going negative, blocks will be found much easier. Lets get the pool stable to 3th+ and we will find blocks consistently.
Just FYI.
May 30, 2015, 05:31:44 AM
Wow, that is some awesome luck this morning! Nice payouts today.
Welcome to the pool!
Nice payouts today.Hello everyone. I have been slowing adding 50-100th to the pool for the last 2 weeks now. Just wanted to drop in and introduce myself.
I actually operate a pool myself, but have been impressed with Bitminter. Just wanted to say thanks to the pool op for another great pool.. They are becoming few and far between to find.
My miners name is Dkinchen, so you will see me around..
Have fun everyone, but mostly, don't ever give up
I actually operate a pool myself, but have been impressed with Bitminter. Just wanted to say thanks to the pool op for another great pool.. They are becoming few and far between to find.
My miners name is Dkinchen, so you will see me around..
Have fun everyone, but mostly, don't ever give up
Welcome to the pool!
May 29, 2015, 12:18:06 PM
Hello everyone. I have been slowing adding 50-100th to the pool for the last 2 weeks now. Just wanted to drop in and introduce myself.
I actually operate a pool myself, but have been impressed with Bitminter. Just wanted to say thanks to the pool op for another great pool.. They are becoming few and far between to find.
My miners name is Dkinchen, so you will see me around..
Have fun everyone, but mostly, don't ever give up
I actually operate a pool myself, but have been impressed with Bitminter. Just wanted to say thanks to the pool op for another great pool.. They are becoming few and far between to find.
My miners name is Dkinchen, so you will see me around..
Have fun everyone, but mostly, don't ever give up
May 25, 2015, 11:59:11 AM
Yay, bitcointalk is back.
Yeah, that's what I was hoping for, going through anti-DDoS only increasing stales a little.
Thank you, and thanks for testing
Look like a bit lower reject ratio on regular address...
Yeah, that's what I was hoping for, going through anti-DDoS only increasing stales a little.
On Betarig i do not see the place to put the backup pool.
3 miners from the same provider there and eur and usa are doing good, test gave the problem.
first the 4 hour offline and then the 6 hour offline.
Do not give up Doc, goodluck with all you do.
3 miners from the same provider there and eur and usa are doing good, test gave the problem.
first the 4 hour offline and then the 6 hour offline.
Do not give up Doc, goodluck with all you do.
Thank you, and thanks for testing
May 21, 2015, 06:09:29 AM
On Betarig i do not see the place to put the backup pool.
3 miners from the same provider there and eur and usa are doing good, test gave the problem.
first the 4 hour offline and then the 6 hour offline.
Do not give up Doc, goodluck with all you do.
3 miners from the same provider there and eur and usa are doing good, test gave the problem.
first the 4 hour offline and then the 6 hour offline.
Do not give up Doc, goodluck with all you do.
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