Author

Topic: Extremly slow minting? (Read 1519 times)

donator
Activity: 532
Merit: 501
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January 07, 2012, 10:08:11 PM
#11
For example, https://deepbit.net with over 3100 GH/s of hashrate :)
And a, what is it,  3 or 4% fee?
It's stated right on the main page, 3%
I have the best fees ever :)
hero member
Activity: 518
Merit: 500
January 07, 2012, 05:26:11 PM
#10
For example, https://deepbit.net with over 3100 GH/s of hashrate Smiley

And a, what is it,  3 or 4% fee?
The bad luck block has been solved meanwhile, as well as 2 more blocks in the same day averaging miner revenue out already at or maybe above average.

More importantly perhaps, huge pools like deepbit give their operators a dangerous amount of control over bitcoin.  Luke Jr take down of coilcoin shows this potential. I think its better for cryptocurrencies if hash rate is spread out as much as possible, which is one reason Ill never mine for a pool with more than ~20% of the hashrate.
donator
Activity: 532
Merit: 501
We have cookies
January 07, 2012, 11:43:30 AM
#9
Edit: Since our hashrate is below 100 GH/s it takes some time to mine such blocks down. Other pools do 8 million blocks in one day or even faster but with less reward.
What other big pools are there?
For example, https://deepbit.net with over 3100 GH/s of hashrate :)
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
January 07, 2012, 05:33:33 AM
#8
Worst ever block by a pool is ~24 million shares so far as far as I'm aware, but that was at a higher difficulty. If a new pool were to have that as their very first block ever there's a good chance they'd go bankrupt before they found the block...
hero member
Activity: 518
Merit: 500
January 06, 2012, 12:00:10 PM
#7
Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?

CDF of 97% currently

https://bitminter.com/livestats/big

Yes, thats bad luck. But only a few days ago we minted 6 blocks in 24 hours, with a lower hashrate at that, so I wouldnt feel too bad yet Smiley
It just goes with a small pool, you have lucky and not so lucky days. But in the long run you will earn more than with the big pools, because you dont pay a fee.

legendary
Activity: 1022
Merit: 1000
BitMinter
January 06, 2012, 11:55:18 AM
#6
There are many. Look in "Pools".
newbie
Activity: 38
Merit: 0
January 06, 2012, 10:56:55 AM
#5
Solo? Pool? Where? Lots of blocks have been mined in last few days.

https://bitminter.com/blocks


Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?

Well i assume you are talking about our current block at bitminter. Yes it is bad luck but 4000000 shares is by far not the worst i have seen.

Edit: Since our hashrate is below 100 GH/s it takes some time to mine such blocks down. Other pools do 8 million blocks in one day or even faster but with less reward.

What other big pools are there?
legendary
Activity: 1022
Merit: 1000
BitMinter
January 06, 2012, 10:37:29 AM
#4
Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?

Well i assume you are talking about our current block at bitminter. Yes it is bad luck but 4000000 shares is by far not the worst i have seen.

Edit: Since our hashrate is below 100 GH/s it takes some time to mine such blocks down. Other pools do 8 million blocks in one day or even faster but with less reward.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
January 06, 2012, 10:34:55 AM
#3
Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?

Please check your sources.

Here is a good one -> http://blockchain.info/

Please also be more clear. Are you talking about your pool? The network in general?
member
Activity: 172
Merit: 10
January 06, 2012, 10:33:52 AM
#2
Solo? Pool? Where? Lots of blocks have been mined in last few days.
newbie
Activity: 38
Merit: 0
January 06, 2012, 10:30:33 AM
#1
Last BTC block was minted 2 days and 5 hours ago.. Whats up with this? Really bad luck?
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