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Topic: GPUMAX | The Bitcoin Mining Marketplace - page 23. (Read 215555 times)

newbie
Activity: 35
Merit: 0
anyone else is having problems? my miner is not connecting.  Undecided

Consider reading the 2 posts right before yours.
sr. member
Activity: 385
Merit: 250
anyone else is having problems? my miner is not connecting.  Undecided
member
Activity: 108
Merit: 10
yes its dead
sr. member
Activity: 252
Merit: 250
Inactive


Any issues with GPUMax reporting Dead in cgminer?
legendary
Activity: 1274
Merit: 1004
Update

Due to on-going issues (high stale/reject) with Slush's pool we've stopped supporting it. 

Thanks,

-pirate
Can you give an update on how many people are still in the queue waiting for an account, and how quickly you're moving towards getting accounts for all the users waiting?
Thanks.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
Update

Due to on-going issues (high stale/reject) with Slush's pool we've stopped supporting it. 

Thanks,

-pirate
hero member
Activity: 630
Merit: 500
Cgminer is constantly complaining that GPUMAX is not providing work fast enough and eventually switches back to my other pool.  This might be OK if the PPS price was so high it made up for the micro gaps, but it doesn't.

I'm rarely getting insufficient work, and only immediately after longpolls. Then it's back to normal. Check your private pool or latency?
I cannot get GPUMAX to pull work from my private pool--might as well just say who, it's BTCGuild.  It is set up properly in GPUMAX, it just never passes through the work.  I never understood why that was an option anyway.  I just configured cgminer for both pools and whenever GPUMAX had work for me cgminer would switch over.  As far as latency, shouldn't be an issue, especially when I did tests when I used to run a public pool of my own.  I am ~12ms to a good hop such as Google, ~71ms to BTCGuild, and ~49ms to GPUMAX.
legendary
Activity: 1316
Merit: 1005
Cgminer is constantly complaining that GPUMAX is not providing work fast enough and eventually switches back to my other pool.  This might be OK if the PPS price was so high it made up for the micro gaps, but it doesn't.

I'm rarely getting insufficient work, and only immediately after longpolls. Then it's back to normal. Check your private pool or latency?
hero member
Activity: 630
Merit: 500
Just wanted to give some feedback about my GPUMAX experience lately.

For months my cgminer has not been getting work from GPUMAX even thought it "pings" the pool successfully periodically and my PPS price is inline with what I've used in the past and what other users are currently reporting they have set theirs to.  I decided to run a little test and drop my PPS price *WAY* down just to see if I would get work.  I now get "chunks" of work every once in a while, but most of the time cgminer is hitting my other pool instead.  I have been watching things closely when cgminer does actually get work from GPUMAX and I noticed it is not a good quality "stream" of work.  It is very choppy.  Cgminer is constantly complaining that GPUMAX is not providing work fast enough and eventually switches back to my other pool.  This might be OK if the PPS price was so high it made up for the micro gaps, but it doesn't.

At this time I am disabling GPUMAX as one of my pool options.  I don't think this is a problem with buyers of GPUMAX shares so much as it is an infrastructure and programming problem, based on the patterns I see.  I really don't have anything against this service, I would just like to see it become a little more solid.
hero member
Activity: 560
Merit: 500
I am the one who knocks
It is all in the eye of the beholder (or customer in this case).

For people who have enjoy gambling and do not want to invest in their own mining hardware then GPUMAX is perfect.  Maybe you win, maybe you dont.

Looking at it using the same logic some people would ask why other sit in front of slot machines when they *know* that the house has an edge (i.e. they are paying for more for the coins they might win).   There are about 9,001 answers to that, but it is very similar.

chasing those 5 blocks in 10 minute moments "This pool is ready to payout" lol
Now if pirate starts offering free drinks we know it is a casino!
Only to high rollers, sorry Smiley

High roller?  I am still outside with my nose pressed aginst the glass...
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
It is all in the eye of the beholder (or customer in this case).

For people who have enjoy gambling and do not want to invest in their own mining hardware then GPUMAX is perfect.  Maybe you win, maybe you dont.

Looking at it using the same logic some people would ask why other sit in front of slot machines when they *know* that the house has an edge (i.e. they are paying for more for the coins they might win).   There are about 9,001 answers to that, but it is very similar.

chasing those 5 blocks in 10 minute moments "This pool is ready to payout" lol
Now if pirate starts offering free drinks we know it is a casino!
Only to high rollers, sorry Smiley
hero member
Activity: 560
Merit: 500
I am the one who knocks
It is all in the eye of the beholder (or customer in this case).

For people who have enjoy gambling and do not want to invest in their own mining hardware then GPUMAX is perfect.  Maybe you win, maybe you dont.

Looking at it using the same logic some people would ask why other sit in front of slot machines when they *know* that the house has an edge (i.e. they are paying for more for the coins they might win).   There are about 9,001 answers to that, but it is very similar.

chasing those 5 blocks in 10 minute moments "This pool is ready to payout" lol
Now if pirate starts offering free drinks we know it is a casino!
hero member
Activity: 504
Merit: 500
It is all in the eye of the beholder (or customer in this case).

For people who have enjoy gambling and do not want to invest in their own mining hardware then GPUMAX is perfect.  Maybe you win, maybe you dont.

Looking at it using the same logic some people would ask why other sit in front of slot machines when they *know* that the house has an edge (i.e. they are paying for more for the coins they might win).   There are about 9,001 answers to that, but it is very similar.

chasing those 5 blocks in 10 minute moments "This pool is ready to payout" lol
legendary
Activity: 1904
Merit: 1002
I am a miner, and I have made a few purchases.  In fact I doubled my money one one purchase and lost a small amount twice.  I quit while I was ahead.
hero member
Activity: 560
Merit: 500
I am the one who knocks
It is all in the eye of the beholder (or customer in this case).

For people who have enjoy gambling and do not want to invest in their own mining hardware then GPUMAX is perfect.  Maybe you win, maybe you dont.

Looking at it using the same logic some people would ask why other sit in front of slot machines when they *know* that the house has an edge (i.e. they are paying for more for the coins they might win).   There are about 9,001 answers to that, but it is very similar.
hero member
Activity: 840
Merit: 1000
In that case, who would ever pay the premium? Huh

Vandroiy,

I am, again, going to make this quite simple for you. Paying a premium on shares and running them on deepbit is like gambling. If deepbit gets lucky, you get more coins than you paid. If deepbit is unlucky while you are running your purchase, you get less coins than you paid. Miners and pirate are the house in this case, winning every time a bet is placed. Purchasers are the gamblers trying to win big.

Best,
gigavps
I highly doubt there is a huge market for -EV mining "gambling".  There are many gambling games that have less of a house hedge and are more fun than mining.
legendary
Activity: 1036
Merit: 1002
Vandroiy,

I am, again, going to make this quite simple for you. Paying a premium on shares and running them on deepbit is like gambling. If deepbit gets lucky, you get more coins than you paid. If deepbit is unlucky while you are running your purchase, you get less coins than you paid. Miners and pirate are the house in this case, winning every time a bet is placed. Purchasers are the gamblers trying to win big.

Best,
gigavps

Just like Macau is a gambling paradise between Hong Kong Dollars and Yuan? Grin

No, seriously, have you ever felt it exciting to do that? Where are the gamblers, I only see miners everywhere.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
In that case, who would ever pay the premium? Huh

Vandroiy,

I am, again, going to make this quite simple for you. Paying a premium on shares and running them on deepbit is like gambling. If deepbit gets lucky, you get more coins than you paid. If deepbit is unlucky while you are running your purchase, you get less coins than you paid. Miners and pirate are the house in this case, winning every time a bet is placed. Purchasers are the gamblers trying to win big.

Best,
gigavps
legendary
Activity: 1036
Merit: 1002
Gpumax payments primarily stem from people paying for hashing power.  In fact, all of the payments come from purchases, less pirate's 10% cut.  Does that puzzle piece help you figure out where Pirate's profits are coming from?

Hm... not really. Maged said it, and Pirate had to confirm it: some output coins were shown to come from BS&T. That would be quite the strange mistake, to run it on coins that need no laundering.

BS&T coin output here just shouldn't be happening unless something is wrong.

Are you suggesting it's not a laundry? In that case, who would ever pay the premium? Huh
legendary
Activity: 1904
Merit: 1002
I hope you soon realize how crazy you sound.

"heavily involved" includes you. Roll Eyes

Let me just spell it out more clearly.

Is it possible that gpumax payments primarily stem from BS&T deposits? Or would you guys notice that and can you rule it out somehow?

Gpumax payments primarily stem from people paying for hashing power.  In fact, all of the payments come from purchases, less pirate's 10% cut.  Does that puzzle piece help you figure out where Pirate's profits are coming from?
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