[CLOSED] Watch the thread for finaly payout info "Project #2" - page 3.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: ?? on ??

Are you okay with the semantics now Giga?

Unpaid is something different from someone saying they are owed something.

Quote from: ?? on ??

Since you are asking me to take responsibility you must think that I am not taking responsibility in some way. Can you please explain yourself?

Owed implies you were wronged in some way hence placing the responsibility on the pool operator. I'm simply saying that your gamble didn't pay off.

Quote from: ?? on ??

Thank you.

You're welcome.

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

Quote from: organofcorti on May 04, 2012, 08:25:10 AM

Quote from: John (John K.) on May 04, 2012, 08:21:10 AM

Actually, I'm fairly amazed at how long Eligius worked well with SMPPS. They have been in the negatives for some time, but the people never left(me included unfortunately), and it sprung back to the positives fairly fast enough to be reassuring. Why is that so? Shocked

Why don't miners leave? Inertia, not understanding that maturity time variance is as bad as payout variance, and lack of strategic miners there. If I mined Eligius, I'd have a script set to mine elsewhere when the the buffer was negative.

Guess you nailed the points. However, I mostly prefer to mine in a place where the payouts are predictable in the short run, hence why I normally go for SMPPS/PPS type of pools. I've tried DGM at Eclipse once for 2 days; the payouts were lower then usual by a lot. Is there a type of payout method most close to PPS? Thanks

(I know it's off topic here, and I apologize for that, but it seems to be the best chance to ask Grin

)

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: John (John K.) on May 04, 2012, 08:21:10 AM

Actually, I'm fairly amazed at how long Eligius worked well with SMPPS. They have been in the negatives for some time, but the people never left(me included unfortunately), and it sprung back to the positives fairly fast enough to be reassuring. Why is that so? Shocked

Why don't miners leave? Inertia, not understanding that maturity time variance is as bad as payout variance, and lack of strategic miners there. If I mined Eligius, I'd have a script set to mine elsewhere when the the buffer was negative.

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

Quote from: jamesg on May 04, 2012, 07:22:32 AM

Quote from: ?? on ??

On a somewhat related note ARS owes us over 58 BTC

Unfortunately, mining at a SMPPS pool with a negative buffer is rolling the dice and hoping that the buffer will turn positive. Add on top of that the problems that started to creep up with the pool and the operators absence, this was definitely a recipe for disaster.

Everything I said above though must be put on the miner and not the operator I'm afraid. Saying that ARS owes you 58 BTC is like hoping your fairy god mother comes down, sprinkles a little fairy dust and fixes all of your problems.

Please take responsibility here. You gambled on getting 100% PPS payout from a pool with a negative buffer and an absent operator and have now lost that bet.

Actually, I'm fairly amazed at how long Eligius worked well with SMPPS. They have been in the negatives for some time, but the people never left(me included unfortunately), and it sprung back to the positives fairly fast enough to be reassuring. Why is that so? Shocked

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: ?? on ??

On a somewhat related note ARS owes us over 58 BTC

Unfortunately, mining at a SMPPS pool with a negative buffer is rolling the dice and hoping that the buffer will turn positive. Add on top of that the problems that started to creep up with the pool and the operators absence, this was definitely a recipe for disaster.

Everything I said above though must be put on the miner and not the operator I'm afraid. Saying that ARS owes you 58 BTC is like hoping your fairy god mother comes down, sprinkles a little fairy dust and fixes all of your problems.

Please take responsibility here. You gambled on getting 100% PPS payout from a pool with a negative buffer and an absent operator and have now lost that bet.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

I saw that. I also got an email from Burning Toad about ARS' close down today - you receive it too?

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: Internet151 on May 03, 2012, 10:38:42 AM

I think anything below 100% pps is cheating ignorant/lazy people (I'm looking at you deepbit).

How does 100% pps work? The lower a fee a PPS pool has the more likely they are to go bankrupt and take all your cash. At 98%, if goat maintained 1700 btc in reserve at all times he'd only have a 1/1000 chance of eventual bankruptcy. For a 1% fee, he'd need to maintain a 3500 btc reserve. Try to get by with a lower reserve, say 500 btc and the chance of eventual bankruptcy with a 2% fee rises to about 67%.

Even at a 10% fee, deepbit needs to maintain a reserve of 365 btc at all times.

So if someone is offering you 100% pps and can't explain why, be aware that if they're attempting to make money by pool hopping, that really isn't viable anymore. Also, be aware that you could lose coins. When a pool becomes bankrupt it will be sudden and you will probably lose whatever coins you were owed. If it was a very long block that caused the pool to become bankrupt, you could lose 10 or more blocks worth of coin.

Internet151

full member

Activity: 174

Merit: 100

I don't spend all day on the forums goat, so if any final decisions are made on how payouts are going to be done let me know via IM please.

Personally I think the best way to do it would to take an average of the last 7 days of user payout stats you have, and just pay everyone that value for the one day your missing data. Obviously not a perfect solution, but it seems better to me than the other ideas in here so far.

Ultimately I don't really care that much as long as some sort of payment comes my way, it doesn't have to be perfect people make mistakes and I'm not going to bust your balls over it. It's only one day worth of BTC and i'm saying this with 32 GH/s.

In regards to your earlier question a few pages back about mining here at 98% PPS, I think anything below 100% pps is cheating ignorant/lazy people (I'm looking at you deepbit).

vampire

hero member

Activity: 574

Merit: 500

How are you going to match users in project2 to forum's nicks?

beaups

newbie

Activity: 35

Merit: 0

I would have been right around 2BTC

localhost

sr. member

Activity: 392

Merit: 250

I don't really know how much I had pending... all I know is I was mining continuously at around 650-700MH/s (more in the 700 - 2x 5870). So, this, times the time between latest payout and server outage. Probably 0.5 to 1 BTC. If I take nyana's figures for 10 GH/s and convert for 700MH/s I get 0.89 BTC.

Tittiez

hero member

Activity: 686

Merit: 500

.5BTC Owed here, thanks goat.

nyana

member

Activity: 81

Merit: 10

8.8 BTC pending

4.X BTC "worked"

6 hours later - offline - speed 10GH

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: jddebug on May 03, 2012, 04:16:01 AM

Quote from: ?? on ??

New idea. People just claim what they think they arw owed. Then pay out based on that. If people over guess then we pay a percent. How does that sound? Sent from phone my internet is out at the house.

Ok, I'm game. 12.1 BTC I believe I'm low on that number but 99.9% sure I'm not high unless the pending was inaccurate.

I will claim 2.3, that's the latest I saw pending and that was about 12 hours before the servers were shutdown, so it might be higher.
//DeaDTerra

jddebug

sr. member

Activity: 446

Merit: 250

Quote from: ?? on ??

New idea. People just claim what they think they arw owed. Then pay out based on that. If people over guess then we pay a percent. How does that sound? Sent from phone my internet is out at the house.

Ok, I'm game. 12.1 BTC I believe I'm low on that number but 99.9% sure I'm not high unless the pending was inaccurate.

beaups

newbie

Activity: 35

Merit: 0

Quote from: jddebug on May 02, 2012, 01:37:51 PM

Quote from: imsaguy on May 02, 2012, 12:28:24 PM

Tell you what, just pay based on historical average and keep whatever my share would be.

This "because this is what imsaguy wants" is a bunch of crap.

I asked why my btc payouts were pending BEFORE the website went down. Its not like I made some number up knowing there was no way to verify the claim. I didn't get my otc rating by lying and cheating.

Mine had been pending for longer than usual too. I KNOW I had 12BTC+ without a doubt. Was so high because had been pending for an extra day for some reason.

Please let us know what you think we would each get with the average historical hash rates. I think that would be more fair than a free for all because free is never really free from my experience.

I think we were all in that situation

jddebug

sr. member

Activity: 446

Merit: 250

Quote from: imsaguy on May 02, 2012, 12:28:24 PM

Tell you what, just pay based on historical average and keep whatever my share would be.

This "because this is what imsaguy wants" is a bunch of crap.

I asked why my btc payouts were pending BEFORE the website went down. Its not like I made some number up knowing there was no way to verify the claim. I didn't get my otc rating by lying and cheating.

Mine had been pending for longer than usual too. I KNOW I had 12BTC+ without a doubt. Was so high because had been pending for an extra day for some reason.

Please let us know what you think we would each get with the average historical hash rates. I think that would be more fair than a free for all because free is never really free from my experience.

imsaguy

vip

Activity: 574

Merit: 500

Don't send me a pm unless you gpg encrypt it.

Tell you what, just pay based on historical average and keep whatever my share would be.

This "because this is what imsaguy wants" is a bunch of crap.

I asked why my btc payouts were pending BEFORE the website went down. Its not like I made some number up knowing there was no way to verify the claim. I didn't get my otc rating by lying and cheating.

beaups

newbie

Activity: 35

Merit: 0

Quote from: ?? on ??

just to make it clear, the new idea to keep imsaguy happy was to pay out 102% what every one earned plus the 144 or so coins we need to pay out. this will be a bonus. whatever rg sends us will also be a bonus assuming he does do something.

this mean the percent for that day might be something like 150% or 250%, it depends on who shows up and how much cheating happens.

no new accounts will be made but yes, this new system favors hoppers like imsaguy over loyal long term loyal people.

i personally am very much against this new system and really wish i could use my old system but this is not just my operation.

Goat - why don't you just post what a % share based on historical averages would look like? Maybe we are all bent out of shape over nothing.

beaups

newbie

Activity: 35

Merit: 0

Quote from: imsaguy on May 02, 2012, 12:10:28 PM

Quote from: John (John K.) on May 02, 2012, 12:07:28 PM

Quote from: dmcurser on May 02, 2012, 12:02:11 PM

We'll I feel its unfair I had 9.26 btc waiting to be paid out via. The last two pending transactions plus whatever wasn't pending right before the server when down. There is no way I would be able to make that up in your one day free for all.

Quote from: beaups on May 02, 2012, 11:51:55 AM

I think historical averages are fair as long as you just look at each member's % of the total BTC available. I have to assume most or all of us used this pool as a backup to GPUMAX so we all would have more work for those couple days.

I still don't understand what you mean by free for all 102% to pay out your settlement? You will generate even more btc from those shares, no?? Or are the coins you have only going to cover the extra 2%? This is wild.

Agreed to both, although I'm only owed ~0.6 btc as I've only pointed my ~700mhs desktop here not my entire farm.

I'm no

I've said all along I'm at 10.x btc. Your average things pays me 2-3btc, roughly 20-30% of what was due.

I didn't say necessarily pay the average daily rate, but everybody's contribution % as a % of the total BTC he has. Meaning, if goat has 136 btc available and you typically represented 10% of his payouts you'd get 13.6BTC. Remember most all of us had higher than usual activity those last couple days so goat should also have more coins than he normally would pay as well.

Topic: [CLOSED] Watch the thread for finaly payout info "Project #2" - page 3. (Read 47892 times)