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Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 96. (Read 1601412 times)

hero member
Activity: 560
Merit: 500
I noticed under advanced the other day that I had found a block at some point. I have only made about 8BTC from Deepbit so this was both extremely lucky and unlucky. It would be nice if there were some sort of a reward for finding a block quicker than you should but I don't think that will happen. Of course I could go solo mining but that would be fruitless since the odds of me finding another block soon are slim to none. Can you at least show the date and block id of the ones we found? Another idea would be to split the transaction fees with the block finder since they are currently kept by the pool operators. I came back because I think neither BIP 16/17 are ready for deployment without additional testing and I found out some things I didn't like about the other pool I switched to. In all honesty, once the BIP thing blows over I will probably be looking for another pool again but I think these are things you should look at.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Quote
Click on the worker name to open it's control page

-> Click on the worker name to open its control page

Elementary school was a bitch for some people, huh...?
STFU noob. [Tycho]'s native language is Russian, don't blame him for each mistake like a small kid.
sr. member
Activity: 435
Merit: 250
Quote
Click on the worker name to open it's control page

-> Click on the worker name to open its control page

Elementary school was a bitch for some people, huh...?
hero member
Activity: 742
Merit: 500
What is the recommend number of gpus per worker on deepbit?
I recommend using one worker per one mining core. This also makes monitoring easier.
Directing more than 20 miners to single worker account will disable LP for this worker.
hero member
Activity: 531
Merit: 505
member
Activity: 86
Merit: 10
What is the recommend number of gpus per worker on deepbit?


hero member
Activity: 742
Merit: 500
Ist there any other port to use? My ISP blocks port 8332. Any chance to make port 80, 443 or anything like this available?
Currently no other ports are available for mining.

Have you tried asking your ISP support to unblock it ?
full member
Activity: 174
Merit: 100
Ist there any other port to use? My ISP blocks port 8332. Any chance to make port 80, 443 or anything like this available?

Cheers
End!
hero member
Activity: 742
Merit: 500
Thats rather disturbing. More than 3 double spends being attempted as we speak by the looks of it.
Most of those "attempts" are just people recently restored their wallet.dat from backups or trying to use copies of same wallet.dat file on different PCs without performing full rescan.
It's not dangerous.
hero member
Activity: 560
Merit: 500
Many months ago I created a thread, proposing considerable bounty of 50 BTC (~$1300 at the time of posting) for a new site tracking blockchain forks and double-spend attempts: https://bitcointalksearch.org/topic/bounty-bitcoin-blockchain-monitoring-site-7622

Recently this bounty was finally taken and now we can easily notice any performed attempts of evil forking, including 51% attacks: http://blockchain.info/orphaned-blocks

Double-spend tracking: http://blockchain.info/double-spends

Thats rather disturbing. More than 3 double spends being attempted as we speak by the looks of it.
legendary
Activity: 3583
Merit: 1094
Think for yourself
There are many reasons not to pull any tricks with "selling mining power"
So, what is the purpose of selling hash power to someone else?
Possible reasons:
1) Direct this mining power to some pool with lower fees and just take the difference without supporting own servers.
2) Sell it to some other reseller, paying more than 0% PPS.
3) Sell it directly as mining contracts. This may sound like a kind of gambling, but some persons may think that in future, with ongoing difficulty or USD/BTC rate adjustments they can gain more than the amount paid for given hashrate. Sometimes this is profitable.

Is there a thread where this is discussed?  Yesterday was the first I had heard of it.
Thanks,
Sam
hero member
Activity: 742
Merit: 500
Many months ago I created a thread, proposing considerable bounty of 50 BTC (~$1300 at the time of posting) for a new site tracking blockchain forks and double-spend attempts: https://bitcointalksearch.org/topic/bounty-bitcoin-blockchain-monitoring-site-7622

Recently this bounty was finally taken and now we can easily notice any performed attempts of evil forking, including 51% attacks: http://blockchain.info/orphaned-blocks

Double-spend tracking: http://blockchain.info/double-spends
hero member
Activity: 560
Merit: 500

There are many reasons not to pull any tricks with "selling mining power"

So, what is the purpose of selling hash power to someone else?

I had never heard or conceived of such a thing until I looked at Goat's pool thread yesterday where he states he can pay more per share than the what is earned from solving blocks by reselling the hash's.

Why is that?  And how can that work?  And what are these third parties doing with these hash's/hash power that they are paying more than they are worth?

Very disturbing,
Sam

You hit the nail on the head my friend. I am concerned about where sold hashing power may go. Who is to say someone doesn't buy the hashing power to mount a 51% attack or something like that.

Edit: Not that I think Goat would have anything to do with such an attack.
hero member
Activity: 742
Merit: 500
There are many reasons not to pull any tricks with "selling mining power"
So, what is the purpose of selling hash power to someone else?
Possible reasons:
1) Direct this mining power to some pool with lower fees and just take the difference without supporting own servers.
2) Sell it to some other reseller, paying more than 0% PPS.
3) Sell it directly as mining contracts. This may sound like a kind of gambling, but some persons may think that in future, with ongoing difficulty or USD/BTC rate adjustments they can gain more than the amount paid for given hashrate. Sometimes this is profitable.
legendary
Activity: 3583
Merit: 1094
Think for yourself

There are many reasons not to pull any tricks with "selling mining power"

So, what is the purpose of selling hash power to someone else?

I had never heard or conceived of such a thing until I looked at Goat's pool thread yesterday where he states he can pay more per share than the what is earned from solving blocks by reselling the hash's.

Why is that?  And how can that work?  And what are these third parties doing with these hash's/hash power that they are paying more than they are worth?

Very disturbing,
Sam
hero member
Activity: 560
Merit: 500
The second is that I recently discovered the pool I am with is selling its mining power and isn't really mining its own blocks. I did not sign up for that and someone said Deepbit is doing the same thing but I do not believe that is the case. Can you please confirm that deepbit is not selling any of its hashing power?
No, we are not selling any hashing power.
Hashes of all our mined blocks are published on the stats page and can be analyzed by anyone to check this.
There are many reasons not to pull any tricks with "selling mining power", including those:
1) relaying shares to some other place greatly reduces stability.
2) selling small part of hashing power is meaningless, but selling most power is impossible since very few private projects can sustain it (if any)
3) (I forgot the 3rd one, but it has something to do with responsibility)

As for the case with your other pool, I think that pure PPS pool can do anything he wants with those shares unless you don't like some specific usage.

Thanks Tycho this is what I wanted to know. This other person claimed you were and I thought it was BS. As far as them doing what they want with hashing power because its PPS I just think it is misleading to call yourself a pool if you are really acting as proxy. I would like to know my shares are going towards x purpose and in this case it is preserving the current protocol.
hero member
Activity: 742
Merit: 500
The second is that I recently discovered the pool I am with is selling its mining power and isn't really mining its own blocks. I did not sign up for that and someone said Deepbit is doing the same thing but I do not believe that is the case. Can you please confirm that deepbit is not selling any of its hashing power?
No, we are not selling any hashing power.
Hashes of all our mined blocks are published on the stats page and can be analyzed by anyone to check this.
There are many reasons not to pull any tricks with "selling mining power", including those:
1) relaying shares to some other place greatly reduces stability.
2) selling small part of hashing power is meaningless, but selling most power is impossible since very few private projects can sustain it (if any)
3) (I forgot the 3rd one, but it has something to do with responsibility)

As for the case with your other pool, I think that pure PPS pool can do anything he wants with those shares unless you don't like some specific usage.
hero member
Activity: 560
Merit: 500
I was thinking of coming back to deepbit for several reasons. One of the largest is the BIP 16/17 issue of being untested. I support Tycho in his efforts to maintain the original protocol.

The second is that I recently discovered the pool I am with is selling its mining power and isn't really mining its own blocks. I did not sign up for that and someone said Deepbit is doing the same thing but I do not believe that is the case. Can you please confirm that deepbit is not selling any of its hashing power?
hero member
Activity: 504
Merit: 500
What are the consequences of having a "Poolhopping detected" message for my account stats ? I can't find this message documented anywhere.
It's added just for testing automatic detection routines, punishing is not implemented yet.

slap them hoppers in the sack.  Grin
hero member
Activity: 742
Merit: 500
What are the consequences of having a "Poolhopping detected" message for my account stats ? I can't find this message documented anywhere.
It's added just for testing automatic detection routines, punishing is not implemented yet.
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