[DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 283.

nster

full member

Activity: 126

Merit: 100

Quote from: [Tycho] on April 21, 2011, 12:30:11 PM

Quote from: bitcoineater on April 21, 2011, 12:08:06 PM

I am confused about your payment model though. what is the difference between proportional and pay per share?

With PPS your income is guaranted and stable, but 10% lower than average expectation.
With Proportional the fee is only 3%, but your reward depends on pool luck and may be ~15% higher or lower than expected.

Example: this difficulty, we are -13% so far, add + 3% fee and we are at ~16% lower than expected. Last time, we were about 16~17% better, so total after fee was 13~14% better than expected from solo (if difficulty doesn't change)

PPS is -10%, but its constant. In the long run, this optional will net you -7% compared to proportional

[Tycho]

hero member

Activity: 742

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Quote from: bitcoineater on April 21, 2011, 12:08:06 PM

I am confused about your payment model though. what is the difference between proportional and pay per share?

With PPS your income is guaranted and stable, but 10% lower than average expectation.
With Proportional the fee is only 3%, but your reward depends on pool luck and may be ~15% higher or lower than expected.

bitcoineater

newbie

Activity: 6

Merit: 0

Quote from: MrGaSp on April 21, 2011, 12:38:18 AM

Quote from: bitcoineater on April 21, 2011, 12:11:39 AM

i dont see a spot for showing hashes, so Im not sure. It says it is mining, but no other information. Where would I look?

Summary Page or bottom left of the window.

Thank you. I have solved the problem, turns out i needed different drivers. I am now producing 70Mhash/s, it is also showing shares

I am confused about your payment model though. what is the difference between proportional and pay per share?

new_in_this

member

Activity: 82

Merit: 10

Quote from: [Tycho] on April 21, 2011, 08:17:35 AM

Considering the almost doubled bitcoin price now you are earning even more than last week

Thanks, didn't think of it that way. My electric bill for last month was ~170$ and i was thinking that there is no way for me to compensate it while having fun on mining BTC.

edit: my avarega shares are 12.7% worse atm :/

[Tycho]

hero member

Activity: 742

Merit: 500

Quote from: new_in_this on April 21, 2011, 07:39:41 AM

I think my career as BTC miner is over (rewards have been really low for few days and i don't see point continuing) It's been fun while it lasted, thank you all :)

It's just some unlucky days. Considering the almost doubled bitcoin price now you are earning even more than last week :)

Quote from: proudhon on April 21, 2011, 07:41:59 AM

@Tycho, if I switch from PP to PPS, when does that change take effect?

Immediately.

MrGaSp

sr. member

Activity: 418

Merit: 253

Quote from: proudhon on April 21, 2011, 07:41:59 AM

@Tycho, if I switch from PP to PPS, when does that change take effect?

I'm not Tycho, but it should be instant

proudhon

legendary

Activity: 2198

Merit: 1311

@Tycho, if I switch from PP to PPS, when does that change take effect?

new_in_this

member

Activity: 82

Merit: 10

I think my career as BTC miner is over (rewards have been really low for few days and i don't see point continuing) It's been fun while it lasted, thank you all

MrGaSp

sr. member

Activity: 418

Merit: 253

Quote from: bitcoineater on April 21, 2011, 12:11:39 AM

i dont see a spot for showing hashes, so Im not sure. It says it is mining, but no other information. Where would I look?

Summary Page or bottom left of the window.

bitcoineater

newbie

Activity: 6

Merit: 0

i dont see a spot for showing hashes, so Im not sure. It says it is mining, but no other information. Where would I look?

MrGaSp

sr. member

Activity: 418

Merit: 253

Quote from: bitcoineater on April 20, 2011, 11:50:55 PM

I just started using your service, and I am new to mining. I got the poclbm-gui running, says its connected to deepbit.net. I've been running for about a half hour and it shows 0 shares accepted and my average speed is still 0. is there something wrong? Im running a 4850 on windows 7 64 bit, installed stream sdk and all

Does the GUI say you are getting any hashes?

bitcoineater

newbie

Activity: 6

Merit: 0

I just started using your service, and I am new to mining. I got the poclbm-gui running, says its connected to deepbit.net. I've been running for about a half hour and it shows 0 shares accepted and my average speed is still 0. is there something wrong? Im running a 4850 on windows 7 64 bit, installed stream sdk and all

Veldy

member

Activity: 98

Merit: 10

Quote from: [Tycho] on April 20, 2011, 09:50:44 PM

I was talking about used ones, of course.
Not sure about eBay, here they are sold for ~$350.

Ok, then you can try your luck with 6990

Not me ... I can't afford one [ok, I can, but I don't want to spend that much on one] and it won't fit in my case. IF decide to get my old machine running again [instead of auctioning the parts], I might consider looking for a used 5970 if it comes from a reputable person here who doesn't run it at high temp (but how do I know?).

[Tycho]

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Activity: 742

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Quote from: grndzero on April 20, 2011, 07:16:37 PM

EDIT: Or to just add up all shares between payouts and show that as a separate column next to the payout in the same timeframe, then the counters wouldn't need to be reset.

That's easy to implement. I'll think about it today :)
Thanks.

[Tycho]

hero member

Activity: 742

Merit: 500

Quote from: Veldy on April 20, 2011, 09:47:33 PM

I was not able to find the 5970 ANYWHERE for cheaper except as used EBay hardware. The item seems quite rare. I saw a few listed as new on EBay and one was over $1000 which is of course absurd. Since most are used and highly prized for this use, I worry that it was not taken care of and flakes out at high use; so only new high end video cards for me when it comes to ATI/AMD GPUs. My NVidia 570GTX OC was nearly a match for the 6970 on the graphics side, but not the bitcoin side.

I was talking about used ones, of course.
Not sure about eBay, here they are sold for ~$350.

Ok, then you can try your luck with 6990 :)

Veldy

member

Activity: 98

Merit: 10

Quote from: [Tycho] on April 20, 2011, 05:56:26 PM

Quote from: Veldy on April 20, 2011, 05:33:38 PM

I do like the feature that slush offers of being able to see the unconfirmed payout.

That's because all balance is always "confirmed" in deepbit

Quote from: Veldy on April 20, 2011, 05:33:38 PM

Maybe when I fix my older computer I can get another GPU online for mining

It is over four years old (Core2 Q6600, 5GB DDR2-800 RAM with PCIx x16) but will take an 6990 or a 6970 if I want

Core2 is not old, but CPU, RAM and PCIe lanes number doesn't matters for mining anyway

I would recommend 5970 instead of 6990 because it's almost twice as cheaper and in some cases may be faster (unless you have suitable drivers, OS and miner).
But if you want to sell it later, new card may be more suitable.

(note that PCI-X and PCIe are different things. But since PCI-X is very rare now it's not an issue

Thanks for your support

I was not able to find the 5970 ANYWHERE for cheaper except as used EBay hardware. The item seems quite rare. I saw a few listed as new on EBay and one was over $1000 which is of course absurd. Since most are used and highly prized for this use, I worry that it was not taken care of and flakes out at high use; so only new high end video cards for me when it comes to ATI/AMD GPUs. My NVidia 570GTX OC was nearly a match for the 6970 on the graphics side, but not the bitcoin side.

MrGaSp

sr. member

Activity: 418

Merit: 253

Quote from: FoS on April 20, 2011, 06:31:34 PM

It seems that all our luck has gone in the past difficulty change. Long blocks is common now. At least at night time(here in Spain gmt +2) it seems we have more luck than day time.
Is someone calling to teeth fairty to help us minning while we sleep?? Or it's only some kind of ghost giving us a lot of bad luck during day? Lol, it should be the bit-ghost, who play with our graphic cards doing they work without sense. Cheesy

Well, all of us should had a rabbit leg above the case or the monitor, it will be good for all.
(Yes, if someone is thinking about... I was a little bit bored and thought about our lately bad luck Tongue

)

I noticed our luck has been horrible, but it has to go both ways so =/

grndzero

sr. member

Activity: 392

Merit: 250

[Feature Request]

Not sure how feasible it would be, but I was wondering if it would be possible to implement a function that resets the counters when an automatic payout is triggered and also show a table for historical purposes. I have an automatic payment level set, so I can already see from historical payouts what kind of timeframe it took me to hit that. My idea is to be able to see how many shares I contributed in that timeframe.

EDIT: Or to just add up all shares between payouts and show that as a separate column next to the payout in the same timeframe, then the counters wouldn't need to be reset.

FoS

newbie

Activity: 22

Merit: 0

It seems that all our luck has gone in the past difficulty change. Long blocks is common now. At least at night time(here in Spain gmt +2) it seems we have more luck than day time.
Is someone calling to teeth fairty to help us minning while we sleep?? Or it's only some kind of ghost giving us a lot of bad luck during day? Lol, it should be the bit-ghost, who play with our graphic cards doing they work without sense. Cheesy

Well, all of us should had a rabbit leg above the case or the monitor, it will be good for all.
(Yes, if someone is thinking about... I was a little bit bored and thought about our lately bad luck Tongue

)

[Tycho]

hero member

Activity: 742

Merit: 500

Quote from: NETio on April 20, 2011, 05:56:36 PM

Anyway, so far it's looking like a fun, mildly competitive, and possibly profitable activity. I'm still a bit confused on exactly how I'm paid and how much, but I'll just run the miner as much as possible, and see what happens in a few days/weeks. In the mean time, what's the most efficient CUDA/OpenCL miner? I'm running a NVIDIA GTX 470 and right now the poclbm OpenCL miner seems to be doing a bit better than the RPC-CUDA miner I started with. I'm new to this, and the only experience I have with distributed computing is rainbow-tables and folding@home (I was/am rather active in the latter's community). Anyway, thanks for making a great system, and this is sort of my thanks to deepbit/intro to this forum.

Thanks :)

Yes, this activity is profitable (with ATI GPU).
Useful GPU comparison page: https://en.bitcoin.it/wiki/Mining_hardware_comparison
You will earn ~0.86 BTC per day or ~0.035 BTC per hour on average when mining at 81.5 MH/s.

poclbm is the most advanced and feature-rich, it's also fastest free miner available.

Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 283. (Read 1601357 times)