Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB - page 121.

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

Quote from: wizkid057 on August 20, 2014, 06:22:17 PM

Quote from: CanaryInTheMine on August 20, 2014, 06:18:46 PM

this pool just struggles... large miners leave because they can't afford the variance.
I was speaking with some miners at a recent conference and most start here but leave. Sad

so it looks like this pool just can't reach a higher rate to smooth out some of the variance.

The reward system irons out the variance as much as possible, unlike PPLNS pools and related reward system pools.

Eligius is around 5% of the network, and while not a huge amount, is still average of 8 blocks per day, so, variance isn't really that huge. At one point Eligius was over 25% of the network, and while we haven't lost any hash rate since then really, the big farms seem to continue to grow and push the percentage of the network of all of the original pools down...

Eventually all of the original pools combined will probably be only a small percentage of the network.

most of the hardware shipping isn't being pointed at Eligius. I know that very large farms flock to another pool. It would be great of Eligius could grow.

wizkid057

legendary

Activity: 1223

Merit: 1006

Quote from: CanaryInTheMine on August 20, 2014, 06:18:46 PM

this pool just struggles... large miners leave because they can't afford the variance.
I was speaking with some miners at a recent conference and most start here but leave. Sad

so it looks like this pool just can't reach a higher rate to smooth out some of the variance.

The reward system irons out the variance as much as possible, unlike PPLNS pools and related reward system pools.

Eligius is around 5% of the network, and while not a huge amount, is still average of 8 blocks per day, so, variance isn't really that huge. At one point Eligius was over 25% of the network, and while we haven't lost any hash rate since then really, the big farms seem to continue to grow and push the percentage of the network of all of the original pools down...

Eventually all of the original pools combined will probably be only a small percentage of the network.

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

this pool just struggles... large miners leave because they can't afford the variance.
I was speaking with some miners at a recent conference and most start here but leave. Sad

so it looks like this pool just can't reach a higher rate to smooth out some of the variance.

GrapeApe

sr. member

Activity: 476

Merit: 250

Yeah we all tend to notice the negative side of things while the good stuff passes right by as if cloaked.

Variance has not been in our favor so we’re due nobody hop or you'll regret it...

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: wizkid057 on August 20, 2014, 05:22:51 PM

Quote from: GrapeApe on August 20, 2014, 04:56:07 PM

Are we sure everything is okay here these long blocks are becoming a habit....

I had thought the same, but, nothing is out of the ordinary really. Eligius's infrastructure is up and responsive, nothing unusual... just a bit of crap luck combined with a lower overall network hash rate percentage over the past couple of months. Eligius is hovering around 5% of the network these days.

Namecoind is acting up due to some unusual transaction activity causing high CPU usage, but that has no effect on the bitcoin side of things... our namecoind is not even on the same physical servers or network as the rest of the pool.

Anyway, all is well on the bitcoin side of things except lady luck (7-day luck is at 78% Sad

)

Plus, don't forget - bad luck lasts days, but good luck is often over before you notice it.

GrapeApe

sr. member

Activity: 476

Merit: 250

Quote from: wizkid057 on August 20, 2014, 05:22:51 PM

Namecoind is acting up due to some unusual transaction activity causing high CPU usage, but that has no effect on the bitcoin side of things... our namecoind is not even on the same physical servers or network as the rest of the pool.

Anyway, all is well on the bitcoin side of things except lady luck (7-day luck is at 78% Sad

)

Many miners over at p2pool have been reporting the same issues with NMC as well, good to know it's all separated.

I went ahead and sent a small donation to the stats donation address. I've been mining here for 2 years and it's my first (shameful).

http://blockchain.info/tx/9d5d0018826ba938dc79d0a359c52785c291940a3a93556ed7fd0a2dd446f750

wizkid057

legendary

Activity: 1223

Merit: 1006

Quote from: GrapeApe on August 20, 2014, 04:56:07 PM

Are we sure everything is okay here these long blocks are becoming a habit....

I had thought the same, but, nothing is out of the ordinary really. Eligius's infrastructure is up and responsive, nothing unusual... just a bit of crap luck combined with a lower overall network hash rate percentage over the past couple of months. Eligius is hovering around 5% of the network these days.

Namecoind is acting up due to some unusual transaction activity causing high CPU usage, but that has no effect on the bitcoin side of things... our namecoind is not even on the same physical servers or network as the rest of the pool.

Anyway, all is well on the bitcoin side of things except lady luck (7-day luck is at 78% Sad

)

spiceminer15

sr. member

Activity: 336

Merit: 250

just bad luck im sure.

we need a serious bout of good luck to get these shelved shares

GrapeApe

sr. member

Activity: 476

Merit: 250

Are we sure everything is okay here these long blocks are becoming a habit....

jcumins

full member

Activity: 312

Merit: 100

Bcnex - The Ultimate Blockchain Trading Platform

So true.

spiceminer15

sr. member

Activity: 336

Merit: 250

Quote from: jcumins on August 19, 2014, 04:13:58 PM

Yep I agree, Thats just the Bitcoin game. Looks like the bitcoin value is starting to rise a bit too.

Thats a good thing to.

yea as miners we'll need it since the diff went up 20% today

jcumins

full member

Activity: 312

Merit: 100

Bcnex - The Ultimate Blockchain Trading Platform

Yep I agree, Thats just the Bitcoin game. Looks like the bitcoin value is starting to rise a bit too.

Thats a good thing to.

spiceminer15

sr. member

Activity: 336

Merit: 250

Quote from: jcumins on August 19, 2014, 04:00:35 PM

Wow now going on 3 days with only 4 blocks found per 24 hours, geee what bad luck for 9PB in hashing

yeap luck has been shitty lately! hopfully we have a good run of luck soon and start getting our shelved shares

jcumins

full member

Activity: 312

Merit: 100

Bcnex - The Ultimate Blockchain Trading Platform

Wow now going on 3 days with only 4 blocks found per 24 hours, geee what bad luck for 9PB in hashing

Atomar

sr. member

Activity: 280

Merit: 250

Sounds good! Thanks!

wizkid057

legendary

Activity: 1223

Merit: 1006

I'll work on a manual payout to clean up the queue soon.

MoonTime

member

Activity: 96

Merit: 10

Went there, having trouble with setting up payout address.

Looks good though.

Edit: Found it in FAQ

Atomar

sr. member

Activity: 280

Merit: 250

I see. OK. That makes sence.

Thanks for your Explanation though !

robyone

newbie

Activity: 43

Merit: 0

if you look at top of the current queue: http://eligius.st/~wizkid057/newstats/payoutqueue.php

You see that at very top there are people who have not been payed for 6-5 days, so if you at this very moment would have not been payed for 7 days (i.e. it would now be a week since you last got payed), then you would be payed as soon as next block was found and you would be in front of all those people who have not been payed for 6-5 days.

So in other words - if you set out to be payed every, lets say 0.08-0.1 BTC, you would have to wait for that amount to be earned for longer time, but would get payed without waiting in queue.
In average it does not change anything, you would still be payed every 6-7 days if you have configured it or not, but only difference is psychological, you would know, that when you have 0.08-0.1 BTC after 7 days, then you would be payed instantly.

Atomar

sr. member

Activity: 280

Merit: 250

Shoot ... OK.

Will look into the 7 day payout. But why ~7 days ?

Topic: Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB - page 121. (Read 1061417 times)