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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 22. (Read 318060 times)

member
Activity: 108
Merit: 10
2013-04-16 1 year now
Total deposited amount:   0.10518028 BTC
Total allocated hashing power:   21.0 MH/s
Current bonus:   10.0%
Average bonus:   9.9%
Pending rewards:   0.00330521 BTC
Sent rewards:   0.0 BTC
Last update:   2013-04-15 21:43:07 UTC

with this money I can 17GH/s for 5 years on pbmining
and everey week payout
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
This was more than a small hole... Sad
hero member
Activity: 798
Merit: 1000
Well, that sucks for us early adopters (bit of a kick in the face), but I suppose it's necessary (or something like it) to get new people through the door.

If the new plan works as expected, through last generation hardware, it should become helpful to old accounts, too.

No worries Smiley
hero member
Activity: 501
Merit: 500
Well, that sucks for us early adopters (bit of a kick in the face), but I suppose it's necessary (or something like it) to get new people through the door.

If the new plan works as expected, through last generation hardware, it should become helpful to old accounts, too.
hero member
Activity: 798
Merit: 1000
If P2Pool's bad luck keeps harassing us, I will gradually switch part of the miners somewhere else, however I think it's not a very good idea... P2pool is not broken and it should give the max profit.

Yep, agreed.

Quote
Old accounts are getting less performances because hashing power is no more split evenly across deposits, but it's allocated proportionally to the USD value at the time the deposit has been made. However newer accounts when completed will give their hashing power to old ones

Well, that sucks for us early adopters (bit of a kick in the face), but I suppose it's necessary (or something like it) to get new people through the door.

sr. member
Activity: 266
Merit: 250
Site reorganization and new accounts reopening are a bit delayed because I am working on assembling/installing the new hardware (I think it's the most important task!).
That's fine and well. Thanks for the updates but could you make them just a little bit more frequent?
hero member
Activity: 501
Merit: 500
Site reorganization and new accounts reopening are a bit delayed because I am working on assembling/installing the new hardware (I think it's the most important task!).
hero member
Activity: 501
Merit: 500
We have almost reached 20TH/s of total hashing power, other 5TH/s are coming this week. Hopefully with better "luck" on the pool we should see payouts coming again starting from this week.

Old accounts are getting less performances because hashing power is no more split evenly across deposits, but it's allocated proportionally to the USD value at the time the deposit has been made. However newer accounts when completed will give their hashing power to old ones. Oldest 10 accounts are also getting a further bonus, in order to speed up completion of oldest accounts.

If P2Pool's bad luck keeps harassing us, I will gradually switch part of the miners somewhere else, however I think it's not a very good idea... P2pool is not broken and it should give the max profit.
hero member
Activity: 501
Merit: 500
Pyramining: Any chance we can move to eligius? Steadier payouts would be better all around. Plus, they merge mine nmc that would help offset the management costs.

Usually on the average, P2Pool is the pool who yelds the maximum revenue. Unfortunately during the last month it has been very unlucky (that's why it's taking longer than predicted for filling the hole). Since the average luck should point toward 100%, I wouldn't switch to another pool. In the past months there has been a (long) period of time with luck at 120% ...
member
Activity: 108
Merit: 10
Status update: first 5TH/s have been installed. I will be able to install about 5TH/s week, maybe slightly more. There is a small "hole" to recoup due to the power usage of the previous generation ASICs. In a few days, payouts could start coming again.
I will post some more details in the next days. I have been very busy making everything up and running.
whats happens next?

when we payout ?
legendary
Activity: 994
Merit: 1000
I dont see the point arguing about it here.  Pyramining will or will not switch, and arguing here will make no difference (unless he puts up a poll)!!!

Regardless of variance, I dont see any advantage of sticking with P2P.  If they paid out 110% or some other benefit, I could understand sticking with them, but I do agree that as they have bad luck, hashrate drops, further reducing the chance of finding a block etc etc all while difficulty is increasing.  I have a lot of BTC still invested and I would be happy with a switch to a larger pool (even one with a fee if needed).

More importantly, if we have already mined approx 5 BTC, where are my pay outs?  My queued deposits were activated more than 2 weeks ago and no payment showing!!

I am wondering the same. I had quite a few small deposits activated from my chained accounts. The new deposits for new hardware should not be responsible for the debt the old hardware racked up. Not sure how he would make that distinction in the DB but the newly activated deposits should have received earnings by now.
hero member
Activity: 868
Merit: 500
I dont see the point arguing about it here.  Pyramining will or will not switch, and arguing here will make no difference (unless he puts up a poll)!!!

Regardless of variance, I dont see any advantage of sticking with P2P.  If they paid out 110% or some other benefit, I could understand sticking with them, but I do agree that as they have bad luck, hashrate drops, further reducing the chance of finding a block etc etc all while difficulty is increasing.  I have a lot of BTC still invested and I would be happy with a switch to a larger pool (even one with a fee if needed).

More importantly, if we have already mined approx 5 BTC, where are my pay outs?  My queued deposits were activated more than 2 weeks ago and no payment showing!!
legendary
Activity: 994
Merit: 1000
If p2pool is lacking in hashpower overall then it's probably worth moving pools, otherwise we're fine where we are.

Thats my point
Did you not read my posts? Can you or squeaker explain how we will get that missing btc back? If you can't then please shut up.
I am happy that you and squeaker don't care if you ever see your btc back from this mine, but I do. I trust pyra but with the speed at which we have been losing ground, we need to move to a standard pool. IF/WHEN p2pool gets back up to par with the standard network, then by all means go back to it, but be ready to be move back when we have another 3+ months of under performance.

Why can no one here provide an intelligent reasoned argument against what I have been saying?
I will keep posting this "shit" as you call it until either pyra chimes in, or someone actual debates at the level where I am.
We have been operating at less than 100% of the standard network for 90+ days and that gap is getting wider. We are likely to lose another 13% relative to the network at the next diff adjustment.

I provide hard data and #s and all I get in return is variance is ok, stop ignoring the fact that we are at a loss and provide a debate or jump in with me and request the move to a standard pool.
hero member
Activity: 798
Merit: 1000
Christ.  Hopefully Pyra chimes in one way or the other so we don't have to listen to this shit anymore.

For what it's worth, Squeak is quite right that this is just variance at play and it will even out given enough time.   If p2pool is lacking in hashpower overall then it's probably worth moving pools, otherwise we're fine where we are.

legendary
Activity: 994
Merit: 1000
What I want us you to tell me my #s are wrong, argue something other than variance blah blah yada yada.
If we were still at 100%+ earnings with p2pool growing at a steady pace your argument would make sense, but we aren't so its like telling people in the desert they aren't thirsty because rain fall varies and it will rain again eventually.


I don't quibble with your numbers... I just have a longer view is all... a short-term sampling is less accurate for longer-term results, and variance balances out with much more time.

I've already talked about this too... I don't want to just keep going endlessly with the equivalent of "I'm right" "no, I'm right" "no, I'm right" etc etc etc, when we're just seeing the situation in different ways.

The short term results doesn't concern me... they do concern you... what is debatable about that? Nothing that I can see... and neither of our opinions is any more or less valid than the other.

Honestly, I said earlier I was done debating this, and I don't want to be sucked back into it again. I said my peace.

=squeak=

ps: oh... and the fox news dig? isn't that kind of beneath you? if you're confident in the argument you're presenting, why would you have to resort to silly stuff like that? on the political blogs, that's the moment you lose your argument, when you attack the messenger, instead of debate the message.


Message received, you can't argue the facts in front of you so you say your looking longterm and I am not.

Fact is I am looking long term, I have a decent amount invested and would like to get it back before the next halving, every 2016 blocks that p2pool doesn't grow in relation to the rest of the network we lose ground. The fact that you can't see that makes me wonder what else you can't see.

Please tell me how we get back the bitcoins we haven't mined thanks to p2pool? When you can explain that in actual #s and not longterm variance, etc then I might consider your side of the argument. And please don't say that pyra will save p2pool with the remaining hashpower, that's barely 15% of the current hashrate. Nothing compared to the difficulty increases over the past few months.
sr. member
Activity: 450
Merit: 250
What I want us you to tell me my #s are wrong, argue something other than variance blah blah yada yada.
If we were still at 100%+ earnings with p2pool growing at a steady pace your argument would make sense, but we aren't so its like telling people in the desert they aren't thirsty because rain fall varies and it will rain again eventually.


I don't quibble with your numbers... I just have a longer view is all... a short-term sampling is less accurate for longer-term results, and variance balances out with much more time.

I've already talked about this too... I don't want to just keep going endlessly with the equivalent of "I'm right" "no, I'm right" "no, I'm right" etc etc etc, when we're just seeing the situation in different ways.

The short term results doesn't concern me... they do concern you... what is debatable about that? Nothing that I can see... and neither of our opinions is any more or less valid than the other.

Honestly, I said earlier I was done debating this, and I don't want to be sucked back into it again. I said my peace.

=squeak=

ps: oh... and the fox news dig? isn't that kind of beneath you? if you're confident in the argument you're presenting, why would you have to resort to silly stuff like that? on the political blogs, that's the moment you lose your argument, when you attack the messenger, instead of debate the message.
legendary
Activity: 994
Merit: 1000
it just amazes me how short-term you guys appear to be thinking...

=squeak=
Do you manually add the squeak thing after every post?
Yes... it is my signature Tongue

=squeak=


Its awesome that you could reply to that post and yet couldn't see fit to comment on more pressing matters. Do you by chance work for fox news???
I've already said what I needed to say... it hasn't changed... what point would there be in repeating myself?

=squeak=


What I want us you to tell me my #s are wrong, argue something other than variance blah blah yada yada.
If we were still at 100%+ earnings with p2pool growing at a steady pace your argument would make sense, but we aren't so its like telling people in the desert they aren't thirsty because rain fall varies and it will rain again eventually.

sr. member
Activity: 450
Merit: 250
it just amazes me how short-term you guys appear to be thinking...

=squeak=
Do you manually add the squeak thing after every post?
Yes... it is my signature Tongue

=squeak=


Its awesome that you could reply to that post and yet couldn't see fit to comment on more pressing matters. Do you by chance work for fox news???
I've already said what I needed to say... it hasn't changed... what point would there be in repeating myself?

=squeak=
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