Topic: Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB - page 275. (Read 1061566 times)

The real lesson is never to trust your coins with any pool, online-wallet, exchange, or any other place than your own, secure wallet on your own computer.  Wallets were created for a reason.  The big exchanges are big targets for thieves, hackers, scammers, etc.  Not to mention, there is always the possibility of incompetence and/or malfeasance on the part of the pool/exchange/online-wallet owners.  Which appears to be the case with MtGox.

Eligius is great because it does not hold coins for you, they are mined straight into your wallet.  This may be a little less "user friendly" to people who do not want to set up a wallet, but it is really the most secure option.  Mined coins can never be "stolen" or "lost" from Eligius because they never belong to Eligius in the first place.  (Although I suppose Eligius could be hacked so that the next mined block goes to some arbitrary address...)

Nothing I can do since Eligius paid the coins to the address you used at the pool. Sorry. you'll have to take it up with localcoins

Bitcoin is a risky buisness, and beginners make mistake. At least you learnt something!

And lets just say that those few days worth of bitcoins are not that bad. On my side, I might I lost about 4 months of mining if Mt.Gox goes under

I learnt too. Should not have trusted the Gox.

Yeah the first payment I got came though not an issue but then I was getting rather worried when  none of the rest were coming though, I have since pulled that account and opened with Blockchain.

I have raised a ticket with Localcoins as the BTC hit my wallet then went to diffrent address. If Wizkid is reading this let me know if you can help me resolve the issue.

Hopefully gets all resolved or will be a few days wasted 

As I can see from your miner page, the first payout was sent as a "send" transaction, not a generation transaction. (Eligius usally tries do do all payouts from generations, it is safer that way, but occasionnaly, there is a hiccup in the system and the coins are sent later, with a "send" transaction.) That's why your first payout went trough.

Now if I follow the transaction for 0.04274496 BTC on blockchain.info, I can see that the tx 76800ce837512dcb4b88bd81cb66689bcfbd7f8194eccf5a0a3d5ba7b8382277 indeed sent 0.04274496 BTC to 1JXhZpoUnMh1vwD7SPsrQaWxYVpG5fbhSN. Those 0.04274496 BTC, with some other coins,  were then spent to a bunch of other addresses.

The exchange thus really noticed the coins, but that does not mean (yet) that they "stole" them.

At this point, Eligius can do nothing for you to recover those four payments.

However, I would advise that you immediately change your mining address to somewhere else, eighter wallet you run on your computer (safest), or an e-wallet. (I find the blockchain.info wallet quite good.)

Maybe you could have luck in asking wizkid or luke-jr, the pool operator, to send the remainder of the balance as a "send" transaction instead of a generation transaction. (But I wouldn't count on that either. For security reasons, they don't accept requests to send an accout's balance to another address. But maybe asking of it to be sent to the same address, but by a different mechanism, they would accept. I don't know.)

Yeah been looking into it all night, Seems like the payments have hit my wallet address at Localcoins then vanished yet 1 out of 5 went though.

Have raised a ticket with localcoins and missing 0.2BTC roughly and would be pretty pissed if I never got it back.

Is there anyway to see where the coins went after they hit Localcoins ?

The address they were sent to are 1JXhZpoUnMh1vwD7SPsrQaWxYVpG5fbhSN

Missing amounts of:

2014-02-10 16:24:48 (G)   0.06262604 BTC
2014-02-09 20:03:12 (G)   0.05129054 BTC
2014-02-09 06:41:20 (G)   0.04412432 BTC
2014-02-08 15:09:20 (G)   0.04274496 BTC

Can be seen hitting the wallet anyone make sense of the account or where they went next ?

Cheers

If you click on the "G" on your payments, you can see the page of the block that payed it. If you find your address on that page, then you were payed out. (Or if you don't trust it, you can go check the block on blockexplorer or blockchain.info) If you were payed out, then the pool doesnt have the money anymore and the problem is on your client side.

First, some client won't show unconfirmed transactions. Generations transations take 120 blocks to confirm, about a day.

Second, exchange wallets, such as BTC-E, do NOT support generation transactions, as it is stated on their site. Generated coins sent to that address are simply lost/kept by the exchange. (If it's the case, you might be lucky if you contact them)

Site seems down atm,

Also how would I raise a ticket I am missing 4 payments.

I got the first payment out of 5 fine but the other 4 have not been paid into my account.

Any know ? Cheers

Missing payments on:

2014-02-10 16:24:48 (G)   0.06262604 BTC
2014-02-09 20:03:12 (G)   0.05129054 BTC
2014-02-09 06:41:20 (G)   0.04412432 BTC
2014-02-08 15:09:20 (G)   0.04274496 BTC

GBT enables you to verify the work the pool makes you do.

With stratum, the pool sends you some pre-hased data. Then you (the miner) adds a nonce, you hash, you see if it meets the difficulty requirement, and if it does not, you try again, with the same pre-hash, with another nonce. It it meets the difficulty requirement, you send the nonce back to the pool; it can then verify that it does indeed meet the required difficulty, and credit you the share.

But because things are pre-hashed, you cannot know what the pool wants to include in the block. A dishonest pool might use it's hashpower to deny some transactions in the blockchain, try a double-spend attack, do a 51% attack on an altcoin, etc... Most of that would be found out soon enough, and people would leave the pool, but still, miners would have lost meney.

However, sending a full "raw" block to the miners, so that they could check things up before begenning mining work on the block would be an extremely inneficient way to procced. There are quite voluminous, and because of network latency, etc... a lot of time would be lost in data transers, time not spent on mining, and you would notice an haspower loss.

The "solution" to that is GBT. With GBT, you run a full bitcoin node as if you were a solominer. The GBT pool then instructs you some requirements/constraints on blocks you should mine. If you believe those constraints are sound, then you can start mining, but within those constraints, you have total freedom of the transactions you include in the blocks or not. As long as the constraints are respected, the pool will reward you shares.

Thus, GBT is a system to bring the advantages of both solomining (control over the accepted transactions) and pooled mining (lower variance), and none of the disadvantages.

Unfortunately, GBT is still a quite heavy protocol, both for the miner and the pool; thus it is not quite ready for primetime. But if you feel like it, you can GBT mine on eligius to help improve the protocol.

What is the profit using GBT instead of stratum?

Did a manual payout earlier.  Tx ef086bf7ee8a8742fe16a14ac0f3535293d8fe5e8ae0331357508b60e4d99e52

Queue cleaned up.

If I'm not mistaken, the pool's hashrate is an approximation based on the number of shares contributed. Being only that, it should be subject to quite a lot of volatility (ha), the volatility will appear less the larger the period in which the average is taken from. But it is not the 12 hour average we can see on our stats, it updates fairly frequently, and like our ±10% (sometimes 30%) variance over short periods, the pool's collective hashrate will vary by the same %.

Now back down to 4000TH/s.
What's happening?
Is this just normal variance in the pool hash rate?

Confused I am.

Aahhh! Eligius just jumped to 4500TH/s in the last few minutes. 
There's some big iron being fired up!

Well if that is Bitmain he's not letting his guys have much of a break - 1Nbq has gone up to 600TH/s over the last few days. 

1Nbq is supposedly Bitmain / Antminer.

One of the ASIC companies was using Guild for burn-in testing and started turning off a few days ago.  So it went down 400 TH/s.  The recovery since then has been new miners coming online/speeding up.  The new user on Eligius is likely a different company, not the same one changing pools (that 400 TH/s user didn't show up on any other pool for more than 48 hours after they left).

little over 4000TH/s now

Yea, but pool rate is down to 3300 now - I think some of the big boys are jumping around.
I noticed BTCGuild has been having some big up and downs recently too.
I think somebody is jumping between here and there and back again.

wow we have now two guys (companies) on board with 500+TH/s