Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB - page 52.

praeluceo

full member

Activity: 123

Merit: 100

Thank you for the quick update Luke! I know that luck isn't the same as stale blocks, but we did have 3 stale blocks this week, which feels higher than average at least, so I thought it'd be good to compare to Slush's update today.

Quote from: Luke-Jr on October 24, 2015, 01:44:57 AM

Quote from: praeluceo on October 24, 2015, 12:12:41 AM

So Slush's Pool posted a news update regarding recent orphaned blocks:

https://mining.bitcoin.cz/news/recent-orphaned-blocks-explanation/

I'd be very interested to hear from wizkid057 or Luke-Jr on whether we are also watching our pool; what version of bitcoind Eligius is based off, and whether block submission propagation times are being monitored at all. I'm not just asking because of our terrible luck as of late, which I understand is entirely by chance, but also because having more information on the internal operation of the pool and block submission/fast block relay statistics!

The main bitcoind is running a 0.10.1-based bitcoind. (I don't know how to get info on the other bitcoinds.)

Note that luck is not related to stale blocks (what slush erroneously calls orphaned/invalid).

Luke-Jr

legendary

Activity: 2576

Merit: 1186

Also, I don't know what version slush upgraded from, but there have been no noteworthy changes between 0.10.1 and 0.11.1 that would affect stale blocks (nor is it possible to affect luck).

Luke-Jr

legendary

Activity: 2576

Merit: 1186

Quote from: praeluceo on October 24, 2015, 12:12:41 AM

So Slush's Pool posted a news update regarding recent orphaned blocks:

https://mining.bitcoin.cz/news/recent-orphaned-blocks-explanation/

I'd be very interested to hear from wizkid057 or Luke-Jr on whether we are also watching our pool; what version of bitcoind Eligius is based off, and whether block submission propagation times are being monitored at all. I'm not just asking because of our terrible luck as of late, which I understand is entirely by chance, but also because having more information on the internal operation of the pool and block submission/fast block relay statistics!

The main bitcoind is running a 0.10.1-based bitcoind. (I don't know how to get info on the other bitcoinds.)

Note that luck is not related to stale blocks (what slush erroneously calls orphaned/invalid).

praeluceo

full member

Activity: 123

Merit: 100

So Slush's Pool posted a news update regarding recent orphaned blocks:

https://mining.bitcoin.cz/news/recent-orphaned-blocks-explanation/

I'd be very interested to hear from wizkid057 or Luke-Jr on whether we are also watching our pool; what version of bitcoind Eligius is based off, and whether block submission propagation times are being monitored at all. I'm not just asking because of our terrible luck as of late, which I understand is entirely by chance, but also because having more information on the internal operation of the pool and block submission/fast block relay statistics!

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: btcmner on October 23, 2015, 04:03:20 PM

Quote from: RealMalatesta on October 23, 2015, 04:48:00 AM

It really is creepy to see how the luck is also centralizing in mining since a couple of days.

Well, F2Pool is nearing 50%, there's also that.

That's what I mean.... wondering if I should chant my old song again :-=

btcmner

full member

Activity: 132

Merit: 100

Quote from: RealMalatesta on October 23, 2015, 04:48:00 AM

It really is creepy to see how the luck is also centralizing in mining since a couple of days.

Well, F2Pool is nearing 50%, there's also that.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

It really is creepy to see how the luck is also centralizing in mining since a couple of days.

pirangueiro

full member

Activity: 286

Merit: 115

All off the whales are gone?

paputa

full member

Activity: 232

Merit: 100

Quote from: sorry2xs on October 22, 2015, 03:34:08 PM

Quote from: paputa on October 22, 2015, 03:14:29 PM

Quote from: btcmner on October 22, 2015, 01:57:04 PM

Quote from: paputa on October 22, 2015, 10:56:06 AM

Quote from: majestymage on October 22, 2015, 10:48:48 AM

fun fact
http://imgur.com/gpR1yE3
start make some chanting for eligius because the theory is saying that every time the difficulty is increasing the overall luck is +100%. why is only eligius that it has lower luck? there is a conspiracy against it Grin

he needs some cash XD

That's absurd, as long as the block is not found, there is no block reward and therefore no cash for anybody. :-)

We already had several periods of very good luck in the past, there is no reason we don't have others again later on.

Mining is like a lottery, you never know when you are going to make the average, but eventually you do. Funny enough, people tend to stop mining at a pool when luck is low, and to stay or join a pool when the luck is good. Since long term averages are at play here, the pool hoppers ought to behave exactly in the opposite way, provided other pools pay shelved shares as well, of course. Wink

i not have money for keep the mining, i have spent all in 1 order by nicehash for mining on eligius

sorry to inform you that you will never see any of that money back, once eligius hits the network difficulty shares Grin

are placed in that virtual room full of shelves were shares get
in but never get out

good

sorry2xs

legendary

Activity: 924

Merit: 1000

Dark Passenger Bitcoin miner 2013,Bitcoin node

Quote from: paputa on October 22, 2015, 03:14:29 PM

Quote from: btcmner on October 22, 2015, 01:57:04 PM

Quote from: paputa on October 22, 2015, 10:56:06 AM

Quote from: majestymage on October 22, 2015, 10:48:48 AM

fun fact
http://imgur.com/gpR1yE3
start make some chanting for eligius because the theory is saying that every time the difficulty is increasing the overall luck is +100%. why is only eligius that it has lower luck? there is a conspiracy against it Grin

he needs some cash XD

That's absurd, as long as the block is not found, there is no block reward and therefore no cash for anybody. :-)

We already had several periods of very good luck in the past, there is no reason we don't have others again later on.

Mining is like a lottery, you never know when you are going to make the average, but eventually you do. Funny enough, people tend to stop mining at a pool when luck is low, and to stay or join a pool when the luck is good. Since long term averages are at play here, the pool hoppers ought to behave exactly in the opposite way, provided other pools pay shelved shares as well, of course. Wink

i not have money for keep the mining, i have spent all in 1 order by nicehash for mining on eligius

sorry to inform you that you will never see any of that money back, once eligius hits the network difficulty shares Grin

are placed in that virtual room full of shelves were shares get
in but never get out

paputa

full member

Activity: 232

Merit: 100

Quote from: btcmner on October 22, 2015, 01:57:04 PM

Quote from: paputa on October 22, 2015, 10:56:06 AM

Quote from: majestymage on October 22, 2015, 10:48:48 AM

fun fact
http://imgur.com/gpR1yE3
start make some chanting for eligius because the theory is saying that every time the difficulty is increasing the overall luck is +100%. why is only eligius that it has lower luck? there is a conspiracy against it Grin

he needs some cash XD

That's absurd, as long as the block is not found, there is no block reward and therefore no cash for anybody. :-)

We already had several periods of very good luck in the past, there is no reason we don't have others again later on.

Mining is like a lottery, you never know when you are going to make the average, but eventually you do. Funny enough, people tend to stop mining at a pool when luck is low, and to stay or join a pool when the luck is good. Since long term averages are at play here, the pool hoppers ought to behave exactly in the opposite way, provided other pools pay shelved shares as well, of course. Wink

i not have money for keep the mining, i have spent all in 1 order by nicehash for mining on eligius

RoadTrain

legendary

Activity: 1386

Merit: 1009

Quote from: btcmner on October 22, 2015, 01:57:04 PM

Mining is like a lottery, you never know when you are going to make the average, but eventually you do. Funny enough, people tend to stop mining at a pool when luck is low, and to stay or join a pool when the luck is good. Since long term averages are at play here, the pool hoppers ought to behave exactly in the opposite way, provided other pools pay shelved shares as well, of course. Wink

Yep, I noticed that as well. Currently the pool hashrate is down to ~10 Ph/s from ~17 a month or two ago. Though my gut tells me that jumping in now, when luck is low, would provide a higher chance of getting 100%

But gut feelings with regards to probability theory often tend to be wrong Cheesy

Meanwhile, the top miner is down to 85%...

sorry2xs

legendary

Activity: 924

Merit: 1000

Dark Passenger Bitcoin miner 2013,Bitcoin node

no other pps pool shelves shares, they pay a set rate for share submitted and accepted and miners pay has nothing to do with luck Grin

btcmner

full member

Activity: 132

Merit: 100

Quote from: paputa on October 22, 2015, 10:56:06 AM

Quote from: majestymage on October 22, 2015, 10:48:48 AM

fun fact
http://imgur.com/gpR1yE3
start make some chanting for eligius because the theory is saying that every time the difficulty is increasing the overall luck is +100%. why is only eligius that it has lower luck? there is a conspiracy against it Grin

he needs some cash XD

That's absurd, as long as the block is not found, there is no block reward and therefore no cash for anybody. :-)

We already had several periods of very good luck in the past, there is no reason we don't have others again later on.

Mining is like a lottery, you never know when you are going to make the average, but eventually you do. Funny enough, people tend to stop mining at a pool when luck is low, and to stay or join a pool when the luck is good. Since long term averages are at play here, the pool hoppers ought to behave exactly in the opposite way, provided other pools pay shelved shares as well, of course. Wink

paputa

full member

Activity: 232

Merit: 100

Quote from: majestymage on October 22, 2015, 10:48:48 AM

fun fact
http://imgur.com/gpR1yE3
start make some chanting for eligius because the theory is saying that every time the difficulty is increasing the overall luck is +100%. why is only eligius that it has lower luck? there is a conspiracy against it Grin

he needs some cash XD

majestymage

hero member

Activity: 994

Merit: 504

fun fact
http://imgur.com/gpR1yE3
start make some chanting for eligius because the theory is saying that every time the difficulty is increasing the overall luck is +100%. why is only eligius that it has lower luck? there is a conspiracy against it Grin

paputa

full member

Activity: 232

Merit: 100

Quote from: majestymage on October 22, 2015, 10:44:08 AM

the theory said that you will be paid but take a look at this shitty pool statistics and see that all most all the miners are at ~92-93%...got burned myself with this. Sad

omg, so i just need to wait Shocked

majestymage

hero member

Activity: 994

Merit: 504

the theory said that you will be paid but take a look at this shitty pool statistics and see that all most all the miners are at ~92-93%...got burned myself with this. Sad

majestymage

hero member

Activity: 994

Merit: 504

Quote from: paputa on October 22, 2015, 08:29:54 AM

Quote from: not.you on October 22, 2015, 07:51:49 AM

Quote from: paputa on October 22, 2015, 07:07:51 AM

Quote from: majestymage on October 22, 2015, 07:04:13 AM

Quote from: paputa on October 22, 2015, 06:31:06 AM

Quote from: btcmner on October 22, 2015, 04:31:50 AM

Quote from: paputa on October 21, 2015, 03:08:10 AM

I was about 0.30 btc then slowly disappeared, because the share rewards are low, I thought I was being paid in the block after, but no, I see 0.00, why?

The "0.30" you got at first is an estimate of your rewarded shares. If you stop mining before the block is found, others still keep mining, and the total number of shares for the block grows without your contribution growing as well.
Hence, your share of the block reward is getting lower as time goes. The longer it takes to mine the block, the less significant your contribution is going to be compared to the rest of the pool.

thank you for the information, i understand,however i paid the hashpower on nicehash so this money i can see in the next block?? lost?

i'm sorry to tell you but you lost them Sad

impossible, i read that the shares are always paid (in luck block) now i see shares rewarded: 47.88%

...................................

If the pool is lucky over a period of time then it will go back and pay shelved shares (which is basically just older shares). If the pool is not lucky then it won't pay older shares because it will have so many newer shares already that need to be paid. All shares are saved and have the potential to be paid eventually but it depends on how lucky or unlucky the pool is over time as to how many of those shares will actually be paid.

so in the future i will paid?

you can be paid if the pool gets lucky and with time all of the miners will reach 100% of paid shares. but you have to continue mining and hope that the luck will compensate your unlucky times at the pool

paputa

full member

Activity: 232

Merit: 100

Quote from: not.you on October 22, 2015, 07:51:49 AM

Quote from: paputa on October 22, 2015, 07:07:51 AM

Quote from: majestymage on October 22, 2015, 07:04:13 AM

Quote from: paputa on October 22, 2015, 06:31:06 AM

Quote from: btcmner on October 22, 2015, 04:31:50 AM

Quote from: paputa on October 21, 2015, 03:08:10 AM

I was about 0.30 btc then slowly disappeared, because the share rewards are low, I thought I was being paid in the block after, but no, I see 0.00, why?

The "0.30" you got at first is an estimate of your rewarded shares. If you stop mining before the block is found, others still keep mining, and the total number of shares for the block grows without your contribution growing as well.
Hence, your share of the block reward is getting lower as time goes. The longer it takes to mine the block, the less significant your contribution is going to be compared to the rest of the pool.

thank you for the information, i understand,however i paid the hashpower on nicehash so this money i can see in the next block?? lost?

i'm sorry to tell you but you lost them Sad

impossible, i read that the shares are always paid (in luck block) now i see shares rewarded: 47.88%

...................................

If the pool is lucky over a period of time then it will go back and pay shelved shares (which is basically just older shares). If the pool is not lucky then it won't pay older shares because it will have so many newer shares already that need to be paid. All shares are saved and have the potential to be paid eventually but it depends on how lucky or unlucky the pool is over time as to how many of those shares will actually be paid.

so in the future i will paid?

Topic: Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB - page 52. (Read 1061485 times)