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Topic: [CLOSED] BTCMine - ZERO fee mining pool (LP, SSL, JSON API, P2SH) - page 15. (Read 171605 times)

full member
Activity: 228
Merit: 106
Just moved my 776 Mhash to your pool. Bye bye deepbit fees Tongue

Hope I can win more than there
full member
Activity: 154
Merit: 100

And, look at my statistics. There it is, solid proof. You cannot deny factual statistics.

BTCMine
Previous date do not recall 1.17 BTC/24 hr
6/2 0.98 BTC/24 hr
6/3 0.64 BTC/21 hr


Yes, yes. I see your statistics. Indeed those days were quite unlucky for BTCMine, but that certainly doesn't mean the operator is stealing. You simply have to look at the amount of blocks solved and the hash rate for that time frame to see that the low payout is due to poor luck.

newbie
Activity: 45
Merit: 0
All my BTCmine submissions are showing invalid or stale now. Rebooting didn't help.

Switched to slush
member
Activity: 94
Merit: 10
You've got problems again. My workers are shown as offline but they are still submitting work.
This.

I am getting spammed with miner notification emails, lol.

EDIT just recieved long pulls and my miners seem to be submitting valid shares.
EDIT2 And we just solved a block. Everything is working.
hero member
Activity: 551
Merit: 500
You've got problems again. My workers are shown as offline but they are still submitting work.
member
Activity: 98
Merit: 10
I've mined on Deepbit, slush, BTCMine, and Bitclockers for the past two months. All of these pools have good payouts except BTCMine, even with the 0% fee. I've noticed that BTCMine consistently pays out far less, not only today but the other times I have done trials on that pool as well. If you want my full spreadsheet of BTC/24 hr statistics on each pool, I'll give it to you. It would only make sense if the pool operator was taking OUR money...I highly doubt BTCMine has been this unlucky, right on the days I mine on it.

Also, I have reduced my memory frequency and it had zero effect besides reducing my power bill. Yes, I understand variance, but read above.

One, you haven't given it a long enough trial (mining for a day or two simply is not statistically relevant, sorry).  Two, the last week has been both riddled with bad luck, an influx of new miners [due to deepbit going down], a DDOS attack around the same time as a software upgrade.  I have had great luck with BTCMine in the past and probably will in the future.  It still sounds as if you are accusing the operator of doing something wrong (you have essentially said exactly that).  Come out and say it outright if that is the case.  Otherwise, quit rattling the cage because of some bad luck this last week [both with blocks and with technology].  Other miners, including myself have had good luck with BTCMine, so your stats are not accurate. If you don't ever plan to mine with BTCMine again, then don't.

Go ahead and PM me your spreadsheet  Roll Eyes
full member
Activity: 168
Merit: 100
I am not going to mine on your pool again, unless you stop being so greedy with the reward system.

You are the fellow who doesn't understand variance, or the benefits of reducing memory frequency. So, I'm going to have to ask you to elaborate on this statement, because it really doesn't make any sense to me, and I do love to learn new things.

How is this pool operator being "greedy with the reward system"?


I've mined on Deepbit, slush, BTCMine, and Bitclockers for the past two months. All of these pools have good payouts except BTCMine, even with the 0% fee. I've noticed that BTCMine consistently pays out far less, not only today but the other times I have done trials on that pool as well. If you want my full spreadsheet of BTC/24 hr statistics on each pool, I'll give it to you. It would only make sense if the pool operator was taking OUR money...I highly doubt BTCMine has been this unlucky, right on the days I mine on it.

Also, I have reduced my memory frequency and it had zero effect besides reducing my power bill. Yes, I understand variance, but read above.

And, look at my statistics. There it is, solid proof. You cannot deny factual statistics.

In case you missed that, which you evidently did:

Deepbit
5/29 1.55 BTC/24 hr
5/30 1.38 BTC/24 hr
5/31 1.47 BTC/24 hr
6/1 1.44 BTC/24 hr

BTCMine
Previous date do not recall 1.17 BTC/24 hr
6/2 0.98 BTC/24 hr
6/3 0.64 BTC/21 hr
member
Activity: 98
Merit: 10
I am not going to mine on your pool again, unless you stop being so greedy with the reward system.

You are the fellow who doesn't understand variance, or the benefits of reducing memory frequency. So, I'm going to have to ask you to elaborate on this statement, because it really doesn't make any sense to me, and I do love to learn new things.

How is this pool operator being "greedy with the reward system"?


He isn't.  I think the guy is simply accusing the operator of skimming.  That is my take on the statement.  The guy is probably just frustrated and probably doesn't really believe that though.  I know it is frustrating to me when I see long periods on the down side.  You know difficulty jump is imminent and you want to earn as much as possible before then.  Also, one is forced to peak at stats on a regular basis these days due to all the pool attacks, growth stress and what have you.  Peaking at the stats all the time makes things "feel" worse on down days and one tends to forget feeling good on the up days.  Result, some people jump due to variance alone (but that really means that this pool isn't for them at this time anyway).
member
Activity: 98
Merit: 10
I have been watching the stats since I left [I like BTCMine].  I have to say, it has been a most unlucky pool.   Between some software issues, DDOS, and then terrible luck with block sizes [variance] not to mention losing a long round as invalid ... terrible luck.  If statistically it all balances out, then perhaps an equally great period or a prolonged good period is on the horizon.  As we know, statistics predict the future and do not consider the past, so the odds of a lucky day are no better, because of the previous unlucky days.  It is a nice thought though and it certainly could happen.   Going forward, it should vary in luck like its percentage of the total network hashing power suggests.  I recall quite a run of good days a couple of weeks ago ... was stompin' the other significant pools at the time.

For me, with the variance and the score based system, I have a little trouble.  Sometimes, I want to spend a little time playing a video game.  With a larger pool (relatively shorter rounds) or a simple proportional pool, I can stop, take my losses while I play, and then start up again and know that my partial work for the round paid off.  With a score based pool, if I stop to play a game, say for an hour and the round happens to be 4 hours long already and I finish playing my game and start up my miners to find out that we are 10 minutes into the next round, that last 50 minutes of the previous round pretty much eliminated all of my contribution for the first 4 hours when in fact, I contributed 260/310 = 83% to the round which may have been entirely wiped out due to the exponential growth of the score.  The score is a killer (maybe the constant should be reduced or calculated based on the pool's percentage of total network hash rate?).  Yes, it stops pool hopping to some degree, but it also locks down your activities to a significant degree unless you have a dedicated mining machine(s) [which I have, but my best card for mining happens to be my gaming card].

I wonder if the score based system should be replaced with proportional and probably delayed stats (I am not sure that helps anything or not ... I am not sure much gain can be had by pool jumping these days anyway, but I could be wrong.  Consider it.
full member
Activity: 154
Merit: 100
I am not going to mine on your pool again, unless you stop being so greedy with the reward system.

You are the fellow who doesn't understand variance, or the benefits of reducing memory frequency. So, I'm going to have to ask you to elaborate on this statement, because it really doesn't make any sense to me, and I do love to learn new things.

How is this pool operator being "greedy with the reward system"?
member
Activity: 112
Merit: 10
lol, not all pools make the same btc in a day...stop being so greedy.

you have to test longer, pool can be unlucky. many factors.
full member
Activity: 168
Merit: 100
Not very happy with BTCMine. This is my third BTC statistics trial with BTCMine and both times I get higher rewards with deepbit.

Deepbit
5/29 1.55 BTC/24 hr
5/30 1.38 BTC/24 hr
5/31 1.47 BTC/24 hr
6/1 1.44 BTC/24 hr

BTCMine
Previous date do not recall 1.17 BTC/24 hr
6/2 0.98 BTC/24 hr
6/3 0.64 BTC/21 hr

I am not going to mine on your pool again, unless you stop being so greedy with the reward system.
hero member
Activity: 742
Merit: 500
BTCDig - mining pool
My total bouty just increased by 1 BTC on the midle of a round for no aparent reason, i was looking at the gadget trought, it may some issue with the JSON API.
You miss my post? Smiley
hero member
Activity: 1330
Merit: 502
Vave.com - Crypto Casino
My total bouty just increased by 1 BTC on the midle of a round for no aparent reason, i was looking at the gadget trought, it may some issue with the JSON API.
hero member
Activity: 742
Merit: 500
BTCDig - mining pool
I`m having a similar problem with the Total Bounty is decreasing!
Does that have a solution? what happens?

Same here, is everyone experiencing this?

Thanks to all for report.
Found stats page bug. Already fixed and stats updated soon.
This is not affect payments anyway.
legendary
Activity: 3766
Merit: 1364
Armory Developer
I`m having a similar problem with the Total Bounty is decreasing!
Does that have a solution? what happens?

Same here, is everyone experiencing this?
newbie
Activity: 29
Merit: 0
Can anyone answer this with regard to Total Bounty?  Recently switched back to BTCMine over the past 24h and have been watching the stats closely, over the past 2 hours have seen the Total Bounty decrease from 1.1 to .89 BTC.  Total Bounty now displays as less than Total Bounty for 24h.  Have payout set to 1 BTC.

http://otonly.com/x0411/6-3-2011%202-31-50%20PM.jpg

I`m having a similar problem with the Total Bounty is decreasing!
Does that have a solution? what happens?
newbie
Activity: 54
Merit: 0
If I look under the money tab, it's shows the confirmed funds being added there. But not on the
statistics page under confirmed.
member
Activity: 74
Merit: 10
Total bounty is confirmed + unconfirmed.  Total bounty in 24h can be higher if you received a payment (i.e. the part that was paid is no longer in confirmed or unconfirmed)

Right, like I said though I have payout set to 1 BTC and received no payments during this period.

Well, you didn't actually say you hadn't received a payment.  And, to be honest, I would have expected you to have received a payment in the past 24 hours as you're generating about 1BTC per day.  The mine was also down for part of yesterday so that could have something to do with it.
sr. member
Activity: 254
Merit: 250
https://www.soar.earth/
As much as I don't like it myself, its probably due to failed blocks. dbitcoin pls confirm
besides, the pool luck sucked unbelievably for the last 2 days, what would normally be 20btc for me, or close to that, got me so far only 7!!
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