Topic: Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB - page 54. (Read 1061862 times)

Well, there is the option of changing Bitcoin's PoW algorithm so the ASIC race needs to restart, and keep doing it until manufacturers stop abusing their position...
As the network grows more and more centralised, this seems more viable to convince others to do.

From what I have observed, I think reducing the minimum payout on Eligius pool has negative effect for miners with hash rates above 1 TH/s as the waiting time to get the payout becomes longer than the time to mine it. That is because the average number of blocks that Eligius pool solves per day is below 10 blocks. The only way is to raise the pool hash rate by attracting more miners. But I am not really sure how to achieve that.

I think by now everybody are aware that mining is not profitable. Along the time I have seen more and more home miners step out of the game. In the end the idea of decentralise control over Bitcoin will just be a dream. I am just a hobbyist miner with low hash rate, little budget and high energy cost. But I still believe that the idea of decentralisation is very good. I am really not sure though how millions of miners like me can compete with a handful companies with high budget, to keep the idea of decentralisation going.

it's the same however i'm waiting 0,36 btc, the minimum payout isn't important

If you want payouts more often, configure your minimum payout to the minimum.

Note that you may incur higher transaction fees later on when you want to spend them, though...
That's just how Bitcoin works, not the pool.

yes but other pool have payments each day
however i say this only because i buy hash power from nicehash

Is that a question? If so, then the only way to get the payout faster is to add more hashing power to the pool so that it can solve more blocks. Where do you think the pool get the Bitcoin from for paying the miners?

there is a way to have a payout more fast and not in 2-3 weeks?

Well, a MAC address can be used to confirm the identity of a machine - if it is not changed/obfuscated. Same with the IP address. So I really don't know how you would be able to identify someone correctly just by the IP address and the MAC address.

If you have the IP and MAC of a normal computer, you _could_ contact this person with some technical means. However, this would be considered illegal in most jurisdictions.

If you have the IP and MAC of the router used by a miner, what would you do to identify and contact the person?

The pool operator would be able to block a specific IP of course and hoping that the miner would get on the failover address - if one IS registered. If not, the hash power would be lost, i.e. the miner would "steal" his own power...

In my layman's understanding, this is about all that could be done. Or are there other things?

Wow, some of you are a little nuts.  Cleaned up this thread a little bit.  The accusations of stealing based on a well established policy are a bit absurd, and honestly I don't want to hear it.

The invalid address = donations to the pool is documented and has been this way since day one.  Well established behavior.  It's also a way for people to directly donate to the pool with hash power.  I've seen invalid usernames of "wizkid057_needs_a_vacation" and all sorts of witty invalid user names over the years.  I've also seen some where someone accidentally added a character to a bitcoin address or otherwise made an honest mistake setting up a miner.

When someone screws up and does this unintentionally, and it's obvious, and they contact me along with some kind of proof (username they used + IP they used is generally enough for me in these cases, on a case by case) I'm pretty easy going about it.  It's not a huge deal.  Now when someone complains about it, and after spending time manually going through the database to calculate what they've mined and it turns out to be an insignificant sum.... sorry, you're just SOL and I'm just not going to waste any further time on it.  If you've been mining for days at 200 Th/sec or something with an extra character on the end of your address, I'll take the the time to calculate things and manually send the earnings.  Just don't waste my time on it if you messed up and mined for a short period on the wrong username.  Just fix it and move on.

I'm not going to implement valid address/worker name checking in the pool software.  It's not worth the time and effort when there are plenty of other things I can dedicate my time to.

If someone is dropping money on the street, it isn't the job of whoever finds it to hunt them down even if it is possible.

As for rejecting connections, that might be a reasonable thing to do now, but back when I started Eligius it was expensive (computationally) since you'd need to check it every work request.
Since that time, people have been using invalid usernames to intentionally donate.
And as others have mentioned, it's not like rejecting the connections is going to benefit anybody.

Additionally, it's clearly documented on the website that invalid usernames are handled in this way.
People need to take responsibility for their own mistakes, rather than look for an opportunity to blame someone else.

PS, all pool operators know who is connected to their pools,the operators simple machines know, and if someone sells their bitcoins for cash the bank knows who the players are in detail

anonymity is a big lie

I have made purchases online and i have been given my ip address and my mac address, nothing is anonymous on the www

Show me where the MAC address of the "point of origin" is stored after the first hop...

every packet sent over the internet is traceable back to the point of origin, it is not like in the movies its real life.

There is no account name and address on Eligius, as for the mac address of the modem, I'm curious to know by which mechanism it survives the transit through the ISP gateway etc.

don't drop your wallet,its fair game

There is always a residue of unknown addresses. At one point, part of my miners had a configuration mistake and I contributed quite a bit in this manner.  
No big deal, sooner or later you notice, fix your mistake and that's it. At least, meanwhile, the shares will not have been processed in vain.

but fret not tomorrow church day

Who says anything about "invalid credentials" ? If there is no address or no meaningful address for payment, it can legitimately assumed that the mined shares are fair game. Otherwise, somewhere, electricity will have been used in pure waste.

When you find a coin somewhere on a street with no way to know whose pocket it fell from, you might as well keep it and it's not "stealing" either.