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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 70. (Read 318060 times)

hero member
Activity: 501
Merit: 500
Would you mind telling us what the total Gh/s is of the brand new toys arrived today ?
I'm curious

A bit less than 200GH/s.
member
Activity: 82
Merit: 10
Any news?

Installing a new batch of hardware, arrived today!
Would you mind telling us what the total Gh/s is of the brand new toys arrived today ?
I'm curious
member
Activity: 80
Merit: 10
hero member
Activity: 501
Merit: 500
New batches are getting cheaper and cheaper! :-)
hero member
Activity: 639
Merit: 500
Any news?

Installing a new batch of hardware, arrived today!
That's awesome! Thanks! We wait.
sr. member
Activity: 251
Merit: 250
in the last days the avr.  block generation is 7.7 Blocks per hour. normal is 6 blocks per hour.  the whole bitcoinnetwork makes 128% of blocks . so the 120% of the p2pool is not b etter than other pools

Excuse me, but how could you relate P2Pool performances with how many blocks the whole bitcoin network is it generating? The first is a number derived by "pool luck", the second depends on the total hashing power of the network.

I checked the formula for the pool-luck. it seems,  you are right and i am wrong
hero member
Activity: 501
Merit: 500
Any news?

Installing a new batch of hardware, arrived today!
hero member
Activity: 501
Merit: 500
in the last days the avr.  block generation is 7.7 Blocks per hour. normal is 6 blocks per hour.  the whole bitcoinnetwork makes 128% of blocks . so the 120% of the p2pool is not b etter than other pools

Excuse me, but how could you relate P2Pool performances with how many blocks the whole bitcoin network is it generating? The first is a number derived by "pool luck", the second depends on the total hashing power of the network.
sr. member
Activity: 251
Merit: 250
p2pool hashrate on all-time-high
hero member
Activity: 639
Merit: 500
newbie
Activity: 22
Merit: 0
Can't wait for the next 1.7TH/s to drop on the network. Cheesy
legendary
Activity: 1498
Merit: 1000
I will be very upset if you change the bonus system for existing deposits.

I worked hard to get referrals and have several accounts with large deposits of my own and some very large referrals.  If you change the scheme for existing members half way through it is extremely unfair.

Pyramining already said it wouldn't affect current account, only new accounts... so yeah calm down.
legendary
Activity: 1232
Merit: 1001
No, luck is calculated with current hash rate and current difficult. Blocks per hour of the whole network have nothing to do with this calculation.


But, this really was not the important part. Luck will also go down again. Basically it just doesn't matter on which pool you mine. On Average the payout will always be the same.

And P2Pool makes mining absolute decentralized and allows you to pool mine without giving a 3rd party the ability to abuse you hash power, supporting this is a bonus.
hero member
Activity: 591
Merit: 500
luck is calculated with 6 Blocks per hour, not with 7.7 Blocks per hour

with 7.7 block per hour the estimated time to block is 11h:33m and not 12h:55m which is shown in this moment on p2pool website. so they calculate with 6 blocks per hour, and this is to less in the moment
Once again, you need to educate yourself on this more before making ill-informed statements.
sr. member
Activity: 251
Merit: 250
luck is calculated with 6 Blocks per hour, not with 7.7 Blocks per hour

with 7.7 block per hour the estimated time to block is 11h:33m and not 12h:55m which is shown in this moment on p2pool website. so they calculate with 6 blocks per hour, and this is to less in the moment
hero member
Activity: 591
Merit: 500
I wrote from the whole bitcoin-network. when all miners together produce 7,7 blocks per hour, that means 128% . and then 120% quote of p2pool is to less
That's not what he meant. He just meant that on average for the past week, p2pool has found blocks 20% faster than expected. You can see the luck here.
sr. member
Activity: 251
Merit: 250

You're obviously not taking into account the massive increase in hashrate that p2pool has seen in the past week. The average block time was longer before.

 I wrote from the whole bitcoin-network. when all miners together produce 7,7 blocks per hour, that means 128% . and then 120% quote of p2pool is to less
hero member
Activity: 591
Merit: 500
in the last days the avr.  block generation is 7.7 Blocks per hour. normal is 6 blocks per hour.  the whole bitcoinnetwork makes 128% of blocks . so the 120% of the p2pool is not b etter than other pools
You're obviously not taking into account the massive increase in hashrate that p2pool has seen in the past week. The average block time was longer before.
sr. member
Activity: 251
Merit: 250


  Besides p2pool is still at 120% for the last 7 days. That means at another pool pyramining would have made 20% less.



in the last days the avr.  block generation is 7.7 Blocks per hour. normal is 6 blocks per hour.  the whole bitcoinnetwork makes 128% of blocks . so the 120% of the p2pool is not b etter than other pools
hero member
Activity: 490
Merit: 500
I like that pyramining supports p2pool. It's really sad that so few run a P2Pool node + miner.

Also variance usually equals out over time, it doesn't really matter if a pool pays daily or if you get bigger chunks once in a while. Besides p2pool is still at 120% for the last 7 days. That means at another pool pyramining would have made 20% less.

Just stop getting nervous every time a blog takes longer. That just happens.

Actually I saw a pretty good write up from a couple months ago which shows how p2pool could be better for the bottom line if it is setup correctly.  I'm looking forward to pyramining making the p2pool public, I wish  at least 1 of 2 options though (if not both) - 1 get it operating in a merge mine mode, 2 some sort of bonus in the spirit of pyramining for the pyramining accounts as well.  The merge mined coins could actually be traded by pyramining and then insert into the standard btc payouts of the pyramining accounts and donated to merged miners automatically.

The combination of all of the above plus mining with transaction fees being passed on, the pyramining pool would likely see some good growth in excess of the hash rate pyramining is providing directly.
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