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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 25. (Read 318060 times)

legendary
Activity: 994
Merit: 1000
I was for the support of p2pool, but with p2pool.info not keeping up with network its time to rethink. I know p2pool is high variance, but this is on the edge of absurd. If I am not mistaken we will get paid our share of the next block, but not for the work submitted over the past 5+ days. That is 5 days of wasted electricity and hashing power.
Perhaps you should have invested your funds in some mining gear and pointed it at a PPS pool instead?

=squeak=

Honestly, where I invest is none of your business.
No, I am not getting worked up, but I am getting a little irritated seeing the clock keep ticking upwards with no block in site.
I chose eligius as the pool because its the smallest big pool and the best one at the moment. Its not very large so by using them we support a diversified ecosystem. Its also the simplest pool to join, your btc Addy is your username, that simple.

I ask you why your so insistent on staying with p2pool?
You are not acknowledging the fact with the diff change in 2 days our chances of finding a block go down even further.
Your also not recognizing the wasted resources for the past 5+ days.

Why didn't you suggest a multi pool strategy? Even though IMO it would be a waste of hashing power, unless we can find a several petahash p2pool to join.

One last thing, do you not want the extra income nmc would bring?
sr. member
Activity: 450
Merit: 250
I was for the support of p2pool, but with p2pool.info not keeping up with network its time to rethink. I know p2pool is high variance, but this is on the edge of absurd. If I am not mistaken we will get paid our share of the next block, but not for the work submitted over the past 5+ days. That is 5 days of wasted electricity and hashing power.
Perhaps you should have invested your funds in some mining gear and pointed it at a PPS pool instead?

=squeak=
sr. member
Activity: 450
Merit: 250
I am not the tinfoil hat type.
I would be fine with the variance but its getting worse. We are now at over 5 days with no block found with difficulty jumping another 20% in 2 days.
Look back at my post history, I was arguing from your POV when he first brought it up, but now its not worth the benefits when this p2pool node is not growing in relation to the network. Plus, when we do find a block we will have to wait for 120 blocks before pyraminings back end doles out earnings. Its time for eligius.

I'll say it again, move the new hardware to eligius asap. The sooner the better.

Why are you so against moving to eligius? Its 0% fee, steadier payouts because its 1/8th of the network and they merge nmc. Why is eligius so terrifying to you?
The question that comes to my mind is, why are you pushing for that pool so much?

You're sounding like you're working yourself up for little reason.

Over the long haul, it balances out.

If you were recommending that Pyramining diversify, devoting the hashpower between P2Pool, Eligius, and 1 other pool, then ok, that's reasonable, and I would be in support of your position. Diversification is a good thing to do... but devoting everything onto a single centralized pool? Screw that.

Variance is just something that comes with the territory, and if you weren't willing to invest in a long-term investment, why did you invest in Pyramining in the first place?

=squeak=
legendary
Activity: 994
Merit: 1000
Whats up with the "small hole"?
Bigger than suspected...

I think the main problem is probably that p2pool has been having terrible luck:

Pool Hashrate: 195 TH/s Estimated Time to Block: 1d6h35m Current Round: 4d20h3m

See:  http://p2pool.info/

Yep, and I will say it again so pyra might see it, we need to move to eligius.


I said this 9 month ago ...
I was for the support of p2pool, but with p2pool.info not keeping up with network its time to rethink. I know p2pool is high variance, but this is on the edge of absurd. If I am not mistaken we will get paid our share of the next block, but not for the work submitted over the past 5+ days. That is 5 days of wasted electricity and hashing power.
hero member
Activity: 798
Merit: 1000

Why are you so against moving to eligius? Its 0% fee, steadier payouts because its 1/8th of the network and they merge nmc. Why is eligius so terrifying to you?

Luke.  That's plenty reason enough.
sr. member
Activity: 251
Merit: 250
Whats up with the "small hole"?
Bigger than suspected...

I think the main problem is probably that p2pool has been having terrible luck:

Pool Hashrate: 195 TH/s Estimated Time to Block: 1d6h35m Current Round: 4d20h3m

See:  http://p2pool.info/

Yep, and I will say it again so pyra might see it, we need to move to eligius.


I said this 9 month ago ...
legendary
Activity: 994
Merit: 1000
Yep, and I will say it again so pyra might see it, we need to move to eligius.
No we don't... variance... it'll even out... and the positives for staying on a decentralized system, outweigh the risks of centralizing on pools.

Don't get so uptight about the variance. We're fine.

Make yourself a hat out of tinfoil if it makes you feel better.

=squeak=
I am not the tinfoil hat type.
I would be fine with the variance but its getting worse. We are now at over 5 days with no block found with difficulty jumping another 20% in 2 days.
Look back at my post history, I was arguing from your POV when he first brought it up, but now its not worth the benefits when this p2pool node is not growing in relation to the network. Plus, when we do find a block we will have to wait for 120 blocks before pyraminings back end doles out earnings. Its time for eligius.

I'll say it again, move the new hardware to eligius asap. The sooner the better.

Why are you so against moving to eligius? Its 0% fee, steadier payouts because its 1/8th of the network and they merge nmc. Why is eligius so terrifying to you?
sr. member
Activity: 450
Merit: 250
Yep, and I will say it again so pyra might see it, we need to move to eligius.
No we don't... variance... it'll even out... and the positives for staying on a decentralized system, outweigh the risks of centralizing on pools.

Don't get so uptight about the variance. We're fine.

Make yourself a hat out of tinfoil if it makes you feel better.

=squeak=
legendary
Activity: 994
Merit: 1000
Whats up with the "small hole"?
Bigger than suspected...

I think the main problem is probably that p2pool has been having terrible luck:

Pool Hashrate: 195 TH/s Estimated Time to Block: 1d6h35m Current Round: 4d20h3m

See:  http://p2pool.info/

Yep, and I will say it again so pyra might see it, we need to move to eligius.
member
Activity: 118
Merit: 10
Nobody accepts bitcoin on the moon.
Whats up with the "small hole"?
Bigger than suspected...

I think the main problem is probably that p2pool has been having terrible luck:

Pool Hashrate: 195 TH/s Estimated Time to Block: 1d6h35m Current Round: 4d20h3m

See:  http://p2pool.info/
legendary
Activity: 1358
Merit: 1002
Whats up with the "small hole"?

Bigger than suspected...
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Whats up with the "small hole"?
legendary
Activity: 994
Merit: 1000
How early are those deposits?
He gave hashing power to each deposit equal to what their deposit was worth at the time. There is also something funky with my deposits some make very close together got varying hash rates.

Pyra also posted that he would split the excess power among the oldest 10 deposits, so your deposits will get hashing power eventually, you could also pm him and ask him to look at it.

Late 2012 deposits.
That explains the hashrate. It also means that you will see that excess hashing power sooner than later.
hero member
Activity: 686
Merit: 500
How early are those deposits?
He gave hashing power to each deposit equal to what their deposit was worth at the time. There is also something funky with my deposits some make very close together got varying hash rates.

Pyra also posted that he would split the excess power among the oldest 10 deposits, so your deposits will get hashing power eventually, you could also pm him and ask him to look at it.

Late 2012 deposits.
legendary
Activity: 994
Merit: 1000


I really hope these numbers are incorrect. If all my account will get is 48MH/s then I may as well forget about it altogether.

How early are those deposits?
He gave hashing power to each deposit equal to what their deposit was worth at the time. There is also something funky with my deposits some make very close together got varying hash rates.

Pyra also posted that he would split the excess power among the oldest 10 deposits, so your deposits will get hashing power eventually, you could also pm him and ask him to look at it.
hero member
Activity: 686
Merit: 500


I really hope these numbers are incorrect. If all my account will get is 48MH/s then I may as well forget about it altogether.
legendary
Activity: 994
Merit: 1000
Hello Pyramining,

Just a quick clarification, one of my accounts has a deposit of 6.1 BTC, was a very early account. I clearly remember that it had been allocated 1.6 gh/s approximately earlier, but now when I logged in after a long time it has come down to 51kh/s Huh?. Isn't that weird, how can the mining power reduce....if this is already deployed hardware. Isnt that the logic you have used to rate the sell prices of the accounts. please provide clarifications.

thanks for all the work you been doing.
karma

I can't speak with 100% certainty, but I think it has to do with how he his allocating the new hashing power to the oldest deposits.
My largest account had 12.xx ghs before and now it has 11.5 with quite a few of my deposits having 0.0 hashing power at the moment.
Either the rest of the deposits will come on with the new hardware, or as the eldest deposits get cleared out.


Hello rd,

I got that, its understandable....but your for exaple went from 12.5 gh/s to 11.5 gh/s....mine went from 1.6gh/s approx to 51kh/s????how does the math workt here...isnt adding up...Pyramining, please shift pool. This aint helping anyone....we are just stuck....in a slow rut....get it up to speed, its not like there aren't better options. Find a good pool, unless your intention is to keep it slow..to make people sick of the whole thing and sell of their accounts...which would be a good deal for you. You have been doing good stuff..but dont spoil it with silly stuff hehe.

karma

Actually based on the available hashrate for each deposit it makes sense. Most of my deposits are currently "inactive" showing 0.0 for hashrate. It appears that the ones that were activated were the ones with the smallest % of payouts.

Look at your deposit list, you probably have only a few very old and small deposits activated.
full member
Activity: 189
Merit: 100
Hello Pyramining,

Just a quick clarification, one of my accounts has a deposit of 6.1 BTC, was a very early account. I clearly remember that it had been allocated 1.6 gh/s approximately earlier, but now when I logged in after a long time it has come down to 51kh/s Huh?. Isn't that weird, how can the mining power reduce....if this is already deployed hardware. Isnt that the logic you have used to rate the sell prices of the accounts. please provide clarifications.

thanks for all the work you been doing.
karma

I can't speak with 100% certainty, but I think it has to do with how he his allocating the new hashing power to the oldest deposits.
My largest account had 12.xx ghs before and now it has 11.5 with quite a few of my deposits having 0.0 hashing power at the moment.
Either the rest of the deposits will come on with the new hardware, or as the eldest deposits get cleared out.


Hello rd,

I got that, its understandable....but your for exaple went from 12.5 gh/s to 11.5 gh/s....mine went from 1.6gh/s approx to 51kh/s????how does the math workt here...isnt adding up...Pyramining, please shift pool. This aint helping anyone....we are just stuck....in a slow rut....get it up to speed, its not like there aren't better options. Find a good pool, unless your intention is to keep it slow..to make people sick of the whole thing and sell of their accounts...which would be a good deal for you. You have been doing good stuff..but dont spoil it with silly stuff hehe.

karma
legendary
Activity: 994
Merit: 1000
not at all concerned about p2pool, and "steady payouts" by using a centralized pool, isn't a big deal to me.

the long-term profitability is way more important than getting a steady drip of coin.

I'd rather deal with the variance, then give up a percentage to a pool, just to have a steadier drip of payouts.

=squeak=

I think I posted something similar, however, eligius doesn't represent a loss in earnings, its a zero % pool plus the nmc mining that would give us an extra % or 2.

The way I have my accts setup I would prefer the steadier payouts from eligius right about now.
P2pool.info is about 1/200th of the network, the extreme times between blocks are only going to get worse unless a major player comes online.
sr. member
Activity: 266
Merit: 250
Does P2Pool manage merged mining via pooled way or it works as solo mining?
I guess that Pyramining won't be enought powerful to solo mining altcoins
Only the master coin being mined is split among the pool. All merge-mined coins via P2Pool, is solo-mining.

=squeak=
I
Why doesn't Pyra come online daily instead of like a bimonthly. Or even every few months? Does he have a full time job other than this?
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