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Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 308. (Read 1601412 times)

BitLex
hero member
Activity: 532
Merit: 505
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 10:06:53 PM
#370
Quote from: Neereus on March 06, 2011, 09:53:18 PM
It is (in theory) possible to take an average hashrate (and from extension, average amount of shares of some time) and figure out how much you can expect to make in the long run using the different payouts.
well, in the long run you'll get <7% more from proportional, that's what you can expect.
no need to take your hashrate or any imaginary numbers into account.
Neereus
newbie
Activity: 28
Merit: 0
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 10:03:43 PM
#369
Would it be possible to get the payouts listed in descending order? (Newest on top)
Neereus
newbie
Activity: 28
Merit: 0
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 09:53:18 PM
#368
Quote from: BitLex on March 06, 2011, 09:42:55 PM
Quote from: Neereus on March 06, 2011, 08:46:43 PM
Quote from: purpleeggguy on March 06, 2011, 08:35:02 PM
Quote from: [Tycho] on March 06, 2011, 08:20:57 PM
Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.

My guess is that while if you are on the extremes of the speed it is easy enough to figure that out, but for those around the middle, it can be difficult to say which is better.
there is no way, no matter what hashrate you have, to automagically switch to option with the greatest payout,
except maybe if you own a time-machine, but i guess then you would have better stuff todo with it anyway.


It is (in theory) possible to take an average hashrate (and from extension, average amount of shares of some time) and figure out how much you can expect to make in the long run using the different payouts.
BitLex
hero member
Activity: 532
Merit: 505
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 09:42:55 PM
#367
Quote from: Neereus on March 06, 2011, 08:46:43 PM
Quote from: purpleeggguy on March 06, 2011, 08:35:02 PM
Quote from: [Tycho] on March 06, 2011, 08:20:57 PM
Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.

My guess is that while if you are on the extremes of the speed it is easy enough to figure that out, but for those around the middle, it can be difficult to say which is better.
there is no way, no matter what hashrate you have, to automagically switch to option with the greatest payout,
except maybe if you own a time-machine, but i guess then you would have better stuff todo with it anyway.
Neereus
newbie
Activity: 28
Merit: 0
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:46:43 PM
#366
Quote from: purpleeggguy on March 06, 2011, 08:35:02 PM
Quote from: [Tycho] on March 06, 2011, 08:20:57 PM
Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.

My guess is that while if you are on the extremes of the speed it is easy enough to figure that out, but for those around the middle, it can be difficult to say which is better.
dingus
full member
Activity: 126
Merit: 100
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:40:59 PM
#365
Quote from: [Tycho] on March 06, 2011, 08:19:25 PM
Quote from: dingus on March 06, 2011, 08:15:16 PM
I am having trouble understanding the payment system. I have my automatic payment set to 10 BTC. Wouldn't that make it to where I get my reward when my balance reaches 10 BTC? Currently, my balance is at ~17 BTC. Why hasn't the automatic payment been sent?
As i said some times here, in main post and on main page of site - during beta stage payments are processed daily because of additional checks Smiley
And one other reason: MANY people set their threshold to 0.01 BTC and tried even smaller numbers, so if i would pay every hour, it will flood the network with lots of low-priority transactions, which is not nice.

Just forced one payment for someone with ~17 BTC.

Oops! Sorry for being stupid, I should've read more carefully.
purpleeggguy
newbie
Activity: 9
Merit: 0
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:35:02 PM
#364
Quote from: [Tycho] on March 06, 2011, 08:20:57 PM
Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.

I kind of wish it would automatically select the option with the greatest payout based on your hash speed, although I suppose that would be less than ideal for the pool.
Neereus
newbie
Activity: 28
Merit: 0
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:24:40 PM
#363
Suppose more options are better. Interested in what this one will be. lol
[Tycho]
hero member
Activity: 742
Merit: 500
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:20:57 PM
#362
Looks like people are still confused with two existing reward distributhing modes, so now i'm working on third one.
Hope you'll like it.
[Tycho]
hero member
Activity: 742
Merit: 500
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:19:25 PM
#361
Quote from: dingus on March 06, 2011, 08:15:16 PM
I am having trouble understanding the payment system. I have my automatic payment set to 10 BTC. Wouldn't that make it to where I get my reward when my balance reaches 10 BTC? Currently, my balance is at ~17 BTC. Why hasn't the automatic payment been sent?
As i said some times here, in main post and on main page of site - during beta stage payments are processed daily because of additional checks :)
And one other reason: MANY people set their threshold to 0.01 BTC and tried even smaller numbers, so if i would pay every hour, it will flood the network with lots of low-priority transactions, which is not nice.

Just forced one payment for someone with ~17 BTC.
hazek
legendary
Activity: 1078
Merit: 1003
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:17:36 PM
#360
Quote from: xenon481 on March 06, 2011, 07:15:19 PM
Why oh why oh why don't people understand statistics and probability?  Huh  Undecided Undecided Undecided

Don't know but it makes me a happy camper, especially when I play poker Smiley
yunk3r
full member
Activity: 133
Merit: 100
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:16:43 PM
#359
Quote from: dingus on March 06, 2011, 08:15:16 PM
I am having trouble understanding the payment system. I have my automatic payment set to 10 BTC. Wouldn't that make it to where I get my reward when my balance reaches 10 BTC? Currently, my balance is at ~17 BTC. Why hasn't the automatic payment been sent?

the payout only happens once per day so if the balance has been over 10 for more than 24 hours than something is wrong.
dingus
full member
Activity: 126
Merit: 100
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 08:15:16 PM
#358
I am having trouble understanding the payment system. I have my automatic payment set to 10 BTC. Wouldn't that make it to where I get my reward when my balance reaches 10 BTC? Currently, my balance is at ~17 BTC. Why hasn't the automatic payment been sent?
JWU42
legendary
Activity: 1666
Merit: 1000
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 07:25:02 PM
#357
I do understand it - just get frustrated is all  Grin

My horizon is very short...
xenon481
sr. member
Activity: 406
Merit: 250
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 07:15:19 PM
#356
Why oh why oh why don't people understand statistics and probability?  Huh  Undecided Undecided Undecided
JWU42
legendary
Activity: 1666
Merit: 1000
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 06:37:21 PM
#355
We had a very tough day - only 6 blocks - I am switching to PPS shortly
new_in_this
member
Activity: 82
Merit: 10
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 05:22:32 PM
#354
Yesterday i switched to proportional and my BTC dropped dramatically :/ From 3 (using pay per share) to 1 (on this proportional)
I'm not sure, but i think that my system is not powerful enough for proportional method and my shares are not helpful.

Going to use proportional for one day more and then back to pay per share option.
slush
legendary
Activity: 1386
Merit: 1097
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 04:57:29 PM
#353
Quote from: JWU42 on March 06, 2011, 12:20:01 PM
Bad luck continues...

Pick one of mode and don't switch after few lucky/unlucky rounds. People should stop thinking about one round; this is probability, gentlemen.

I bet that many people switching between two modes frequently will make less than with one of them all the time, because:

a) When they see few lucky rounds and switch to share based, pool will have long rounds then and
b) When they see few long rounds and switch to PPS, pool will have few very short rounds, because

BUT IN AVERAGE, IT IS STILL THE SAME

One round does not depend on another. Depends on your personality, pick one of mode and keep them; it's the best what you can do.
JWU42
legendary
Activity: 1666
Merit: 1000
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 03:20:55 PM
#352
Worst 3 block streak this month...

06.03.2011 17:54:05   5h 16m   
06.03.2011 12:38:04   5h 58m      
06.03.2011 06:39:11   3h 17m      
JWU42
legendary
Activity: 1666
Merit: 1000
Re: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too
March 06, 2011, 12:20:01 PM
#351
I will not switch to PPS
I will not switch to PPS
I will not switch to PPS
 Roll Eyes

Bad luck continues...

At 44Ghash we should be 1h30m average.  95% is 4h30m.
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