Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 267. (Read 1601343 times)

Quote from: JJG on May 07, 2011, 10:05:30 AM

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

it would actually be 10 btc/day - 3% for pool fees.

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

Quote from: zoro on May 07, 2011, 12:13:59 PM

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

For another 2.5 days, at which point difficulty jumps 40% (or more) and the expected value falls to about 8 BTC/day for another 10 days or so.

Incase you didnt notice, I already accounted for the difficulty jump
So you: JJG and You Vladimir, Stop bashing everyone who wants to mine.

Veldy

member

Activity: 98

Merit: 10

if you are going to accuse a businessman who finds a profitable way of working and you think it is simple and easy, then
why you don't do the same? Wink

I don't think anybody is accusing him of anything [and making money is a good thing and sort of the purpose of bitcoin mining to begin with]. My ONLY worry is the size of the pool relative to the entire bitcoin mining economy. Also, Tycho has expressed interest in working with other pools to make great things happen if I can paraphrase. I wish I remember where in this thread he wrote that (that is the problem with one giant thread as opposed to setting up a forum just for this pool [on this same site is fine].

zoro

full member

Activity: 226

Merit: 100

if you are going to accuse a businessman who finds a profitable way of working and you think it is simple and easy, then
why you don't do the same? Wink

JJG

member

Activity: 70

Merit: 20

Quote from: Xer on May 07, 2011, 07:38:55 AM

Only a 11 GH farm? rofl tycho. thats a 11GH farm without major hardware costs or porwe cost.
im not sure what your paying for the server but i bet sure as hell it isnt 7698.34 USD a month (diff estimate 152k).

I'm sure programming, hosting, and maintaining the pool software and front-end doesn't cost Tycho anything in the way of time or money, either. Wink

Veldy

member

Activity: 98

Merit: 10

Quote from: JJG on May 07, 2011, 10:05:30 AM

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

For another 2.5 days, at which point difficulty jumps 40% (or more) and the expected value falls to about 8 BTC/day for another 10 days or so.

Also, Tycho dropped to 400GH/s ... not doing so hot! J/K ... looks like about 33% of the entire network hash rate.

JJG

member

Activity: 70

Merit: 20

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

For another 2.5 days, at which point difficulty jumps 40% (or more) and the expected value falls to about 8 BTC/day for another 10 days or so.

JoeTheTech

newbie

Activity: 14

Merit: 0

Pool rate: 405 Gh/s GRATS

Wish I had that kind of preprocessing power.

Thanks again for all your hard work and dedication [Tycho].

Cheers

Xer

member

Activity: 99

Merit: 10

Only a 11 GH farm? rofl tycho. thats a 11GH farm without major hardware costs or porwe cost.
im not sure what your paying for the server but i bet sure as hell it isnt 7698.34 USD a month (diff estimate 152k).

Nilarium

member

Activity: 84

Merit: 10

Quote from: [Tycho] on May 06, 2011, 07:22:48 PM

Hash Rate (khps) 1536000

Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

something like 11.5+- btc every 24hrs

slurch

member

Activity: 70

Merit: 10

~~Pool seems unhappy...anyone confirm for me?~~

Nevermind.

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

lol people are afraid of Tycho becoming rich and throwing a bunch of his own comps in the pool, and then dominating the network.
lol
Like yeah im scared too but shit eh? what do you expect us to do, Flee off of the best Proportional pool?

Tycho, Im about to get 1.5ghashes, Please with your honest opinion, What would give SEEMINGLY MORE income

Are you talking about choosing between PPS or Proportional ?

Quote from: [Tycho] on May 06, 2011, 07:46:53 PM

But with this HUGE ghash pool jump i dont know if it'll be worth it to go in a pool (24/7)

Of course you should mine in a pool. Especially considering the oncoming difficulty jump

Of course Prop.

Difficulty Factor 151580 (reset)
Hash Target 1.7785681020590652e+62
Hash Rate (khps) 1536000

Probability Time:
Average 4 days, 21 hours, 44 minutes
50% 3 days, 9 hours, 36 minutes
95% 14 days, 16 hours, 42 minutes

Thats what im looking at for the next difficulty, So it looks like im not gonna be getting a blocka week avrg, But if anyone disagrees then im prolly going solo
Oh, And who can make a prediction as to how much i would earn in the pool every 24 hrs?

Veldy

member

Activity: 98

Merit: 10

I don't believe that Tycho would do this, but having such a large pool and still growing is getting scarry, especially since it is rapidly approaching that fearful 51% scarey.

Actually there is still a VERY long way to 50% considering that deepbit is not the only pool that grows rapidly.

I am not sure that I agree; especially with people offering to bring GH/s hardware online with your pool. I think you hit nearly 40% today, although we know much of that could be due to variance, however the pool hash rate has grown massively in just the last week and only slush competes significantly and he doesn't appear to have the time or resources to take his pool to the next level. Perhaps many small pools or a couple growing medium size pools (relatively) would help alleviate the apprehension.

[Tycho]

hero member

Activity: 742

Merit: 500

I don't believe that Tycho would do this, but having such a large pool and still growing is getting scarry, especially since it is rapidly approaching that fearful 51% scarey.

Actually there is still a VERY long way to 50% considering that deepbit is not the only pool that grows rapidly.

I'm going to talk with someone like Gavin about considering additional steps towards transprency, so people will know that my pools is not doing anything bad.

Is Tycho an unbiased person to ask? No offense Tycho, but you get 3% of his massive input which is quite considerable.

3% at this speed is only like having 11 GH/s farm. Even ArtForz doing more, but if farm owner does something wrong he can continue mining, and if pool's owner does something to harm the network, he will lose his income. So being honest is better than trying to steal once.

slurch

member

Activity: 70

Merit: 10

Quote from: [Tycho] on May 06, 2011, 07:22:48 PM

Is Tycho an unbiased person to ask? No offense Tycho, but you get 3% of his massive input which is quite considerable. Also, to be honest, I am getting nervous about the size of the pool. Tycho has already said he is investing in mining hardware with his earnings. There is a lot of potential for corruption. I don't believe that Tycho would do this, but having such a large pool and still growing is getting scarry, especially since it is rapidly approaching that fearful 51% scarey.

I am not trying to discourage people to use deepbit, just from allowing it to overcome the bitcoin market.

Tycho's already said that he doesn't plan on taking more than half of the total Bitcoin network over (though I don't know how he plans to mitigate that)...if it gets close, no offense to Tycho, but I should be moving on. It's all about the security of the network.

Veldy

member

Activity: 98

Merit: 10

Is Tycho an unbiased person to ask? No offense Tycho, but you get 3% of his massive input which is quite considerable. Also, to be honest, I am getting nervous about the size of the pool. Tycho has already said he is investing in mining hardware with his earnings. There is a lot of potential for corruption. I don't believe that Tycho would do this, but having such a large pool and still growing is getting scarry, especially since it is rapidly approaching that fearful 51% scarey.

I am not trying to discourage people to use deepbit, just from allowing it to overcome the bitcoin market.

slurch

member

Activity: 70

Merit: 10

Tycho, Im about to get 1.5ghashes, Please with your honest opinion, What would give SEEMINGLY MORE income

Are you talking about choosing between PPS or Proportional ?

But with this HUGE ghash pool jump i dont know if it'll be worth it to go in a pool (24/7)

Of course you should mine in a pool. Especially considering the oncoming difficulty jump

Yeah...it's going to chafe in a serious way.

[Tycho]

hero member

Activity: 742

Merit: 500

Tycho, Im about to get 1.5ghashes, Please with your honest opinion, What would give SEEMINGLY MORE income

Are you talking about choosing between PPS or Proportional ?