Author

Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers - page 256. (Read 903163 times)

legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
I guess all those little USB Block Erupters add up....
... to a massive profit for those selling them and a massive loss for those buying them.

Oh give it a rest will you?  Roll Eyes

...
Awwwwww - someone doesn't like the truth.
Did you buy lots and only now realise how silly that was? ... Cheesy
hero member
Activity: 1246
Merit: 501
I guess all those little USB Block Erupters add up....
... to a massive profit for those selling them and a massive loss for those buying them.

Oh give it a rest will you?  Roll Eyes

legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
I guess all those little USB Block Erupters add up....
... to a massive profit for those selling them and a massive loss for those buying them.
hero member
Activity: 574
Merit: 501
I guess all those little USB Block Erupters add up....
legendary
Activity: 1750
Merit: 1007
BTCGuild - the first 200Th pool?    Pool Speed 200,281 GH/s

Some amazing growth hitting the network it seems.  Very surprised that BTC Guild managed to make the climb from 100 TH/s to 200 TH/s before anyone else has hit 100 (not counting hardware manufacturers doing private mining like ghash.io).
hero member
Activity: 574
Merit: 501
BTCGuild - the first 200Th pool?    Pool Speed 200,281 GH/s
legendary
Activity: 1750
Merit: 1007
is merge mining still available on this pool?


Yes, NMC is paid to anybody on the PPLNS payment system.  By default namecoins are not displayed, but they can be turned on in the Settings page.  Whether this display is hidden or not, you are still generating NMC while on PPLNS.
hero member
Activity: 658
Merit: 500
is merge mining still available on this pool?
legendary
Activity: 1750
Merit: 1007
Ahh - so it's the last 24 hours worth of closed shifts.  OK - I was wondering where my recent PPLNS earnings were diappearing to in that number.  I was looking at it after about 10 hours of hashing and wondering why it was so low.  Now I can see that it will take 32 hours or so before it really catches up with 24 hours worth of closed shifts...

It's one of the tricky parts about PPLNS, how to report 24H earnings in a system where your most recent ~8 hours of work are still being paid.  The solution I use is an accurate method, but it's always a little unnerving for people to mine for a day and see a very low 24H earnings because they haven't yet hit 24 hours worth of fully paid work.
hero member
Activity: 574
Merit: 501
Ahh - so it's the last 24 hours worth of closed shifts.  OK - I was wondering where my recent PPLNS earnings were diappearing to in that number.  I was looking at it after about 10 hours of hashing and wondering why it was so low.  Now I can see that it will take 32 hours or so before it really catches up with 24 hours worth of closed shifts...
legendary
Activity: 1750
Merit: 1007
Question about exactly what the 24 hour earnings number is showing - is this the trailing 24 hours, calculated once per hour, or is it somehow shift based?

24-hour earnings has always been an approximation, but it's a rolling 24-hours.  Here's a little extra detail:

For PPS earnings, this is simply PPS Shares in the last 24 hours (updated every hour) * Current PPS Rate.  This is why PPS users will see their 24-hour earnings estimate drop *immediately* when the difficulty adjusts, rather than gradually over the course of 24-hours.

For PPLNS earnings, this is a delayed 24-hour window.  It takes the most recent closed shift as the starting point, and then counts back 24 hours worth of closed shifts.  This is because the open shift earnings aren't complete and will continue getting paid for the next few hours even if you turned off all equipment immediately.
hero member
Activity: 574
Merit: 501
Question about exactly what the 24 hour earnings number is showing - is this the trailing 24 hours, calculated once per hour, or is it somehow shift based?
legendary
Activity: 1750
Merit: 1007
Same diff, diferent shifts

9542 13 0.00000031465193
9506 13 0.00000034953468

Whats going on? Share count for shift chanched without anonce or what?

Shift length is increased whenever the pool grows too much and they start completing extremely fast.  Increasing the share count for shifts has no effect on your earnings when measured in a 24-hour period (or even 12-hour period at the current speed of shifts), it only tweaks the variance you see during individual shift periods.

With the rate of network (and especially pool) growth, it's requiring more adjustment than usual.  Example:  The pool has grown over 10% (nearly 20 TH/s) in the last 24 hours.
hero member
Activity: 910
Merit: 1002
Same diff, diferent shifts

9542 13 0.00000031465193
9506 13 0.00000034953468

Whats going on? Share count for shift chanched without anonce or what?
legendary
Activity: 1750
Merit: 1007
Have you tried a catchpa, fail2ban, vary behavior on failed logins, etc..?

Captcha is an option, but would ruin the current easy to access interface.  Fail2ban isn't all that great, and actually won't even work with Cloudflare as far as I know.  The attacker is no longer affecting the site performance the way it was before now that I've found the main bottleneck that the site was facing during his largest hits.
legendary
Activity: 2072
Merit: 1001
Have you tried a catchpa, fail2ban, vary behavior on failed logins, etc..?
legendary
Activity: 1750
Merit: 1007
I'm asking friedcat about the new blade pricing.  The real issue here is blades lose any kind of novelty/giftable factor.  They cost too much, they're not fun to look at, they aren't a decent conversation starter.  As stated on the disclaimer, these USB miners really aren't likely to make an RoI (they never will when measured strictly in BTC).  It's possible to RoI if the USD price rises (and your options were buy an erupter or sell USD that day, rather than just hold onto the BTC), but that's a gamble/investment choice.

If the margins aren't there for me, I won't sell it.  It's similar on the USB miners.  There's a real disconnect in how retail is supposed to work, and how these group buyers are running the business.  It reminds me of cheap chinese knockoffs that sell products for pennies on the dollar in an attempt to make it up with volume.  I invest my own money into buying this inventory, and I need to make enough markup to justify getting stuck with units plus time/shipping/supplies.
hero member
Activity: 490
Merit: 501
I hate to be that guy but I see group buys for block erupters at .18 btc. Any reason they are able to go so low yet btcguild cannot? I saw the drop to .35 but that is basically double of what we could get elsewhere.

I suspect that it just isn't worth his time for the amount he would make as profit on orders of 1 or 2 erupters if he charged less. Perhaps, he will consider a larger discount for larger orders. This being said, the new ASICminer Blades are becoming available. at the current exchange rate they are about 50USD per gigahash. the erupters are about 145USD per gigahash. Supposedly, the new blades support USB which would make me very happy. Eleuthria, i know you stated that you weren't interested in selling blades, but i'm hoping you'll reconsider. At the current price i'm thinking about not buying any more erupters and only buying blades. But, i love how your store operates much better than the way Sonic and Canary are doing sales. I see too many chances to make a mistake with them and your store is straight forward.
full member
Activity: 194
Merit: 100
I hate to be that guy but I see group buys for block erupters at .18 btc. Any reason they are able to go so low yet btcguild cannot? I saw the drop to .35 but that is basically double of what we could get elsewhere.
Then participate in the group buy...
full member
Activity: 238
Merit: 100
I hate to be that guy but I see group buys for block erupters at .18 btc. Any reason they are able to go so low yet btcguild cannot? I saw the drop to .35 but that is basically double of what we could get elsewhere.
Jump to: