[DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 310.

hazek

legendary

Activity: 1078

Merit: 1003

Quote from: electrotime on March 05, 2011, 09:05:41 AM

Hi, Im new here...

What would you recommend for me? PPS or Proportional?

Definitely proportional. But you have to understand there's a bit of variance involved so in short periods PpS is more constant but if you intend to run it for at least a week which is how long I think it'll take to even out for how fast the pool finds blocks you'll get more with proportional.

kosovito

member

Activity: 77

Merit: 10

Quote from: Neereus on March 05, 2011, 08:54:21 AM

Quote from: kosovito on March 05, 2011, 08:46:48 AM

Just a simple question from a noob.

Is needed to run bitcoin with Generating Coins activated?? or running mining in a cmd is ok??

Thanks

If you are generating coins with a miner and connected to deepbit, then no, you do no have to have the regular client up at all.

If you are using a cpu miner, having generate coins on in the regular client would be a counter productive thing to do as well.

Ok, then, i have a GUI miner running, and bitcoint too (but disabled generating coins)
This is the mining:

Is that ok then??

Thanks

electrotime

newbie

Activity: 20

Merit: 0

Hi, Im new here...

http://img508.imageshack.us/img508/1066/paypershare.png

What would you recommend for me? PPS or Proportional?

Neereus

newbie

Activity: 28

Merit: 0

Quote from: kosovito on March 05, 2011, 08:46:48 AM

Just a simple question from a noob.

Is needed to run bitcoin with Generating Coins activated?? or running mining in a cmd is ok??

Thanks

If you are generating coins with a miner and connected to deepbit, then no, you do no have to have the regular client up at all.

If you are using a cpu miner, having generate coins on in the regular client would be a counter productive thing to do as well.

kosovito

member

Activity: 77

Merit: 10

Just a simple question from a noob.

Is needed to run bitcoin with Generating Coins activated?? or running mining in a cmd is ok??

Thanks

JWU42

legendary

Activity: 1666

Merit: 1000

I switched to PPS last night until I see us getting stable again with results.

EDIT: My PPS is even well below normal. Just 0.08823492 last hour. I should be nearer .315/hour with 488Mhash/s based on my calculations.

Last hour back at .331 - as it should be - will watch this today...

os008

member

Activity: 79

Merit: 10

Quote from: new_in_this on March 05, 2011, 04:48:40 AM

Could someone explain proportional/pay per share in a way that i understand?

Here you go ...

Quote from: ronaldmaustin on February 27, 2011, 04:08:25 AM

Quote from: [Tycho] on February 27, 2011, 03:40:32 AM

Quote from: os008 on February 27, 2011, 03:37:10 AM

I just want to make sure i've understood the difference, please ...
Proportional: Reward is based on finding a block. (I think i'm wrong here)
Pay-per-Share: Reward is based on the number of shares submitted, and the price specified on the homepage per share.

Yes, you are right.
Proportional: you get your part of the block when it's found. If you submitted 10000 shares and the block took 20000 to solve, you get half of all the reward.
Pay-per-Share: you get that fixed price for every share instantly, even if block is not found yet.

This does need to be simplified a bit more, e.g.

Proportional: . . . you get half of all the reward, less three percent, which is commission to the pool operator.
Pay-per-Share: . . . that fixed price is, on average, ten percent less than you would get on a statistical average over the long term.

I think these are fair commissions as they are in line with others. I mention it here only because if it is not completely clear to everyone, people are going to jump all over you when they finally get a clue and they are going to accuse you of cheating them. Look at Slush's pool . . . people were asking him pointed questions, as if he were up to no good, at a time he wasn't even charging anything. Just FYI, the only reason I left Slush's pool is that I was getting a large percentage of invalid/stale responses which may have accounted for a percentage of loss larger than anyone's commission. That may have been a problem on my end, and not with Slush's pool, but since it has apparently been eliminated, I will stick with your pool for awhile. My motto: Put all of your eggs in one basket. Then watch that basket.

new_in_this

member

Activity: 82

Merit: 10

Back in mining

HDD was burning hot when i closed my computer and was having lot's of difficulties to boot. It was under warranty and i got replacement disk.

Luckily i'm over paranoid with backups and didn't lose any important info and files

I think that burning hot HDD caused my GPU fan to near max out as inside case was reallyreally hot Shocked

OK, back to topic.

Could someone explain proportional/pay per share in a way that i understand (think i'm stupid)?

EDIT:
@[Tycho]: could you set forum link attribute to open in new window/tab?

VastLite

newbie

Activity: 32

Merit: 0

It has not been a good day for us proportional users... Sad

phathash

member

Activity: 75

Merit: 10

No block for 12 hours?

williamthec

newbie

Activity: 25

Merit: 0

I think maybe ATI cards are much better at 32bits integer computing, which is necessary for cryptography~

Actually my GTX260+ has only 50Mh/s, I'm going to change it for a 5850.

sc8nt4u

sr. member

Activity: 286

Merit: 250

Quote from: bitjet on March 05, 2011, 12:29:50 AM

Quote from: sc8nt4u on March 04, 2011, 11:58:17 PM

Answering your original question, I would do proportional.

Hitting four 5 hour blocks in a day might make you change your mind. Wink

Not as bad as my solo mining average Tongue

bitjet

hero member

Activity: 696

Merit: 500

Quote from: sc8nt4u on March 04, 2011, 11:58:17 PM

Answering your original question, I would do proportional.

Hitting four 5 hour blocks in a day might make you change your mind. Wink

sc8nt4u

sr. member

Activity: 286

Merit: 250

Quote from: polish-jack on March 04, 2011, 11:42:42 PM

Quote from: sc8nt4u on March 04, 2011, 11:35:22 PM

Quote from: polish-jack on March 04, 2011, 11:13:26 PM

I am using my GTX 480 for mining and it's crunching at about 106 Mhash/s. Is it better for me to be on Pay-Per-Share or Proportional payout?

I would sell it and replace it with an ATI.

You are using roughly ~500w @ full load. With 80% PSU efficiency you're pulling 600w from the wall. 600w/hour * 24 hours/day * 30 days = 432 Kwh and at $0.10/Kwh, you would be paying $43.20 a month in electricity and pull in about 57.5 BTC per month or $52.33 a month at current difficulty and current Mt.Gox market price, netting $9.13/mo.

I don't like using ATI cards, their driver support for Linux is not very good.

Well I can't change your mind, but here's some food for thought. You could probably get 5.5x your current Mhash on 2x5870s with at most 50w increase at stock clocks. This would most likely be within your current PSUs power envelope; so you would not need to replace the PSU.

Answering your original question, I would do proportional.

[Tycho]

hero member

Activity: 742

Merit: 500

Quote from: polish-jack on March 04, 2011, 11:42:42 PM

Quote from: sc8nt4u on March 04, 2011, 11:35:22 PM

Quote from: polish-jack on March 04, 2011, 11:13:26 PM

I am using my GTX 480 for mining and it's crunching at about 106 Mhash/s. Is it better for me to be on Pay-Per-Share or Proportional payout?

I would sell it and replace it with an ATI.
You are using roughly ~500w @ full load. With 80% PSU efficiency you're pulling 600w from the wall. 600w/hour * 24 hours/day * 30 days = 432 Kwh and at $0.10/Kwh, you would be paying $43.20 a month in electricity and pull in about 57.5 BTC per month or $52.33 a month at current difficulty and current Mt.Gox market price, netting $9.13/mo.

I don't like using ATI cards, their driver support for Linux is not very good.

Only if mining or other integer stream processing is not your main goal. ATIs are many times faster than nVidia in mining.

polish-jack

newbie

Activity: 7

Merit: 0

Quote from: sc8nt4u on March 04, 2011, 11:35:22 PM

Quote from: polish-jack on March 04, 2011, 11:13:26 PM

I am using my GTX 480 for mining and it's crunching at about 106 Mhash/s. Is it better for me to be on Pay-Per-Share or Proportional payout?

I would sell it and replace it with an ATI.

You are using roughly ~500w @ full load. With 80% PSU efficiency you're pulling 600w from the wall. 600w/hour * 24 hours/day * 30 days = 432 Kwh and at $0.10/Kwh, you would be paying $43.20 a month in electricity and pull in about 57.5 BTC per month or $52.33 a month at current difficulty and current Mt.Gox market price, netting $9.13/mo.

I don't like using ATI cards, their driver support for Linux is not very good.

sc8nt4u

sr. member

Activity: 286

Merit: 250

Quote from: polish-jack on March 04, 2011, 11:13:26 PM

I am using my GTX 480 for mining and it's crunching at about 106 Mhash/s. Is it better for me to be on Pay-Per-Share or Proportional payout?

I would sell it and replace it with an ATI.

You are using roughly ~500w @ full load. With 80% PSU efficiency you're pulling 600w from the wall. 600w/hour * 24 hours/day * 30 days = 432 Kwh and at $0.10/Kwh, you would be paying $43.20 a month in electricity and pull in about 57.5 BTC per month or $52.33 a month at current difficulty and current Mt.Gox market price, netting $9.13/mo.

JWU42

legendary

Activity: 1666

Merit: 1000

I'd say proportional...

polish-jack

newbie

Activity: 7

Merit: 0

I am using my GTX 480 for mining and it's crunching at about 106 Mhash/s. Is it better for me to be on Pay-Per-Share or Proportional payout?

JWU42

legendary

Activity: 1666

Merit: 1000

OK - thanks Tycho!

EDIT : Credits for the PPS shares just appeared as Tycho said it would. Cool

Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 310. (Read 1601343 times)