Topic: IS GHASH.IO Cheating Miners? Paying LESS THAN 50% of expected? (Read 7008 times)
It could be that Ghash.io is just having extremely shitting blocks
PPLNS is the worst idea in mining ever conceived. Ghash sucks.
Perhaps my math is wrong
Looks like my math was wrong, my bad there.
No not shill I just mine there with Ant S3s so I see the blocks also. Lots of people quick to attack GHash so I like to defend as my experience there is good
Your math is not wrong, its Ghash who is wrong, Ghash is a great representation of a awesome attorney firm, who throws paperwork at the defense. In stressful situations or close losses they will throw as many numbers and statistics at us in hopes we will overlook the true facts,as you can see both your numbers and my numbers are added correctly, yet my account was still only paid 50% of the reward in question.
EDIT:
And now their latest reply to the situation that I have given stats, reports, screenshots and everything else they need
Matthew Collins Yesterday at 18:10
Hey cyberpinoy,
Can you please leave your miner turned on for 1 hour without using internet channel to which it is connected and show your stats to me?
Best Regards,
Matthew, CEX.IO support
Hey cyberpinoy,
Can you please leave your miner turned on for 1 hour without using internet channel to which it is connected and show your stats to me?
Best Regards,
Matthew, CEX.IO support
Perhaps my math is wrong
Looks like my math was wrong, my bad there.
No not shill I just mine there with Ant S3s so I see the blocks also. Lots of people quick to attack GHash so I like to defend as my experience there is good
Oh and you must work for Ghash because your math is 50% off in ghash favor
You're absolutely correct, she/he is a shill. Check her/his history out. Ghash/cex have many of them on this forum, it's sad.
All I can see from your stats is you have a very unstable miner with huge variance in it's hashing power so something is up with it or your connection with Ghash that is specific to you (hence no one else jumping in with same story). My miners hashing stable over the same period reported by my miners and GHash stats.
Your cloud mining stats, you have picked a small window of 10 hours during which period the block-find times were very very long , 4 hours (x1). 2 hours (x3), 1 hour (x2), less than hour (x3). Even though you highlight 3 blocks where your cost was higher than reward (the long blocks) if you tally all the blocks shown and total reward V's cost you actually still made money in that very bad luck period. Perhaps my math is wrong I just quickly looked and added up what was shown on the screen in a spreadsheet profit 0.00009. Not much admittedly.
It is known fact that the CEX.IO cost for cloud impacts higher on longer blocks sometimes into negative. As difficulty increases that gets a bigger issue. The offset is the high number of block-finds the pool gets of smaller time-frame to balance out the longer ones over time.
So you made some money cloud-mining in a 10 hour period of the worst luck probably ever seen, and 2 blocks that didn't get paid due to an issue at GHash were investigated and have now been paid too. Hopefully your miner is stable and happily hashing again.
Your cloud mining stats, you have picked a small window of 10 hours during which period the block-find times were very very long , 4 hours (x1). 2 hours (x3), 1 hour (x2), less than hour (x3). Even though you highlight 3 blocks where your cost was higher than reward (the long blocks) if you tally all the blocks shown and total reward V's cost you actually still made money in that very bad luck period. Perhaps my math is wrong I just quickly looked and added up what was shown on the screen in a spreadsheet profit 0.00009. Not much admittedly.
It is known fact that the CEX.IO cost for cloud impacts higher on longer blocks sometimes into negative. As difficulty increases that gets a bigger issue. The offset is the high number of block-finds the pool gets of smaller time-frame to balance out the longer ones over time.
So you made some money cloud-mining in a 10 hour period of the worst luck probably ever seen, and 2 blocks that didn't get paid due to an issue at GHash were investigated and have now been paid too. Hopefully your miner is stable and happily hashing again.
I am not sure what makes you think my miner is unstable the picture clearly gives a <5s> average of 1020 and a overall (which would have been a 4 hour average) of 1022. As I had followed their instructions and found out NO it was not my connection or my miner as the other pools I used to test its hash on were matching within the +-10% average it should. I had only 5120 rejects and 21 hardware errors in 3.2 million processed shares, Nothing unstable about that figure is there?
SO it was not my connection or hardware. As you can see in the picture the rate my miner stats have are well under 50% of what Ghash was reporting at the time of that screenshot. it was at only 10% of the work he provided the day before for over 6 hours and a lot more blocks. Even their 1 Hour average is 25% less than what it should be. AND as we all found out it was Ghash.io servers/reporting code not our equipment, as even their script servers were having major issues, it got so bad all external connections were broken leaving only 13Phash for a little while. So this was not an error on my end.
That small window of blocks about the cloud fees was not actually pulled to complain about the payouts, it was pulled to show we were not paid for the blocks that were missing, which as you mentioned have now been paid. But then as I re-read the post I looked closer at the section I had posted, and saw the problems and edited to point the losses out. The bottom line here is it really doesnt matter what you feel the overall situation is you should never lose money on hash you paid a pool for due to maintenance fees, you say their costs go up, how do you think I feel about the 1028 Ghash I was feeding them for 6 hours and only got paid for 10% of that? how am I supposed to feel? Is the electric company going to give me a 90% discount for those 6 hours because Ghash had server or coding or software reporting problems, No, but as you see they gladly took thier fees from the cloud I used to own didnt they?
My miner is stable and happily mining another pool that has reported 1020 to 1058 of hasing power for the past 32 hours actually, Now low payments or exccuses. Thank you very much. I sold their cloud back to them as it is not profitable.
Bottom line Ghash is making themselves rich from its members, fees on withdraws, fees on buying, fees on selling, fees on cloud for maintenance, fees for farting and burping, fees fees fees, low payouts, and hiding blocks for as long as they can, paying its hardware miners only 50%of their reward. Its just not right and people need informed.
Oh and you must work for Ghash because your math is 50% off in ghash favor
But here are the hardcore facts in the balance statements of each line
0.00026826 <---------ENDING BALANCE
0.00031822
0.00029059
0.00030135
0.00027158
0.00027365
0.00024244
0.00028616
0.00025517
0.00028702
0.00024341
0.00026737
0.00022149
0.00024004
0.00019416
0.00024671
0.00020549
0.00021815 <--------STARTING BALANCE
So
0.00026826
-0.00021815
-------------
0.00005011
far cry from the 0.00009000 you show in your math. WHICH is actually mathematically correct,however my account was not paid the 0.00009000 Satoshi that the rewards minus the costs show, it was credited only about what? that right folks again the I was credited close to only 50% what it should have been. Another 50% payout average this thread was started about. So thank you employee of Ghash thank you for allowing us to point out yet another way Ghash seems to be taking another 50%
Paying all blocks are important, but is a small issue. These two unpaid blocks are just the one found out by user.
Another problem - not necessarily is cheating but need to be evaluated too.
Cex.io miners shared ghash.io pool with many other, unknown miners. With more non-cex miners are added to pool, the income of cex miners get into 'negative' value with the maintenance fee. Basically being robbed by fellows in the pool.
Non-cex miners in ghash.io got zero % fee.
After the fiasco yesterday, total ghash.io hash rate has dropped suddenly and income of cex.io miners has recovered but how long? Will someone add back the 10PHs and then income get back to negatives again? I think it will come back to 56Phs again.
Another problem - not necessarily is cheating but need to be evaluated too.
Cex.io miners shared ghash.io pool with many other, unknown miners. With more non-cex miners are added to pool, the income of cex miners get into 'negative' value with the maintenance fee. Basically being robbed by fellows in the pool.
Non-cex miners in ghash.io got zero % fee.
After the fiasco yesterday, total ghash.io hash rate has dropped suddenly and income of cex.io miners has recovered but how long? Will someone add back the 10PHs and then income get back to negatives again? I think it will come back to 56Phs again.
All I can see from your stats is you have a very unstable miner with huge variance in it's hashing power so something is up with it or your connection with Ghash that is specific to you (hence no one else jumping in with same story). My miners hashing stable over the same period reported by my miners and GHash stats.
Your cloud mining stats, you have picked a small window of 10 hours during which period the block-find times were very very long , 4 hours (x1). 2 hours (x3), 1 hour (x2), less than hour (x3). Even though you highlight 3 blocks where your cost was higher than reward (the long blocks) if you tally all the blocks shown and total reward V's cost you actually still made money in that very bad luck period. Perhaps my math is wrong I just quickly looked and added up what was shown on the screen in a spreadsheet profit 0.00009. Not much admittedly.
It is known fact that the CEX.IO cost for cloud impacts higher on longer blocks sometimes into negative. As difficulty increases that gets a bigger issue. The offset is the high number of block-finds the pool gets of smaller time-frame to balance out the longer ones over time.
So you made some money cloud-mining in a 10 hour period of the worst luck probably ever seen, and 2 blocks that didn't get paid due to an issue at GHash were investigated and have now been paid too. Hopefully your miner is stable and happily hashing again.
Your cloud mining stats, you have picked a small window of 10 hours during which period the block-find times were very very long , 4 hours (x1). 2 hours (x3), 1 hour (x2), less than hour (x3). Even though you highlight 3 blocks where your cost was higher than reward (the long blocks) if you tally all the blocks shown and total reward V's cost you actually still made money in that very bad luck period. Perhaps my math is wrong I just quickly looked and added up what was shown on the screen in a spreadsheet profit 0.00009. Not much admittedly.
It is known fact that the CEX.IO cost for cloud impacts higher on longer blocks sometimes into negative. As difficulty increases that gets a bigger issue. The offset is the high number of block-finds the pool gets of smaller time-frame to balance out the longer ones over time.
So you made some money cloud-mining in a 10 hour period of the worst luck probably ever seen, and 2 blocks that didn't get paid due to an issue at GHash were investigated and have now been paid too. Hopefully your miner is stable and happily hashing again.
The outstanding issue regarding blocks 327321 and 317304 has been resolved and rewards distributed. Many thanks for your patience.
https://support.cex.io/hc/en-us/articles/203393233-25-August-2014-Missing-Block-Rewards
https://support.cex.io/hc/en-us/articles/203393233-25-August-2014-Missing-Block-Rewards
I noticed in the customer support tickets you guys seem to do the same thing, you skim past a lot of the information in the ticket and pick and choose what you want to respond to, why have you not addressed the situation and all the proof I posted above, the screenshots, the factual documented payouts and shares provided by workers, as well as the maintenance fees on your cloud that are sometimes larger than the reward on your cloud? You seem to be doing the same exact thing in my support tickets, just skimming past the important things, not even looking at provided screenshots and answering things that are not needed but ignoring the real issues. Thenn closing the ticket claiming it to be merged with others without resolving all the issues in each ticket. responding to a ticket does not mean it is solved, resolving the ticket in hopes that each side is pleased with the outcome resolves a ticket.
Ghash remember you can not plausibly deny simple elementary mathematics, the proof is above. You cant have your cake and eat it to, if 50ghash of cloud that you charge maintenance fees for can process 166,000 shares theh its logically and mathematically correct to understand 1000 Ghash of mining power can process 3.2 million facts are facts. Paying only 1.5 million is in FACT less than 50% of the payout.
To fully come out and answer the OPs question, At this point in time as a (somewhat former) member of Ghash.io I feel YES they are in fact cheating their miners and members and YES they are in fact paying Less than 50% of expected, the proof is in the long post above.
The outstanding issue regarding blocks 327321 and 317304 has been resolved and rewards distributed. Many thanks for your patience.
https://support.cex.io/hc/en-us/articles/203393233-25-August-2014-Missing-Block-Rewards
https://support.cex.io/hc/en-us/articles/203393233-25-August-2014-Missing-Block-Rewards
I know the hashrate on one of my S1's has been all over the place the last few days. We've had server bouncing and some other crap. I had an S1 hashing at 70 GH/s today, the unit showed 187 GH/s.
Even my ghash was low! I have 105 and it was reporting in the 40s.
Even my ghash was low! I have 105 and it was reporting in the 40s.
Edit 3: in the last 167 blocks solved by ghash/cex pool only those 2 did not get paid out. They still have not been at the time of this writing.
GHash.IO pays every found block to its miners, so your investigation regardless of the number of edits will not reveal anything other than that.
We are aware of a discrepancy relating to 2 recent blocks and have announced we are investigating such on our Official thread. https://bitcointalksearch.org/topic/m.8522350
Yeah the edits kinda confirmed that. You almost seem mad that someone dared to investigate this. I thought it relevant to post that I had not seen any others showing it was a one-off thing and not a pattern of behavior.
I may be wrong, you may not be mad over the fact that someone looked into this and questioned whether cex was living up to its promises. At least now you can point to a 3rd party and say "even though he reported security problems with our site and we refused to fix them for multiple weeks and they still remain unresolved he did confirm that we pay for every block mined". Course I still have yet to investigate the smaller payments on those blocks, the original issue of this thread.
The two missing blocks were paid this morning making it a non-issue.
The smaller payouts issue still appears to exist (I have noticed it too I just dont know why). I do not think this is variance because it may take longer to solve a block but when its solved I am still X% of the pool so I should get X% of the payout. TXFEEs are so small on a pool that size they do not amount to much of anything. Additionally the pool shrunk, so presumably my contributions would be a slightly larger percentage of the whole.
Discus fish (f2pool.com) has grown and appears to be larger than CEX. As of last night (dunno about right now) 40% of the entire CEX pool has left and 50% of external miners left. Based on figures obtained when their stratum servers died yesterday CEX has 13 PH/s in cloud mining, everything else is external miners. This is probably for the best given the known security vulnerabilities on the site, the broken code, the constant stream of excuses about how it will take a week to fix problems they just introduced by "upgrading" code without testing it first, the repeated problems of what appears to be their hot wallet running dry. The 62% (and rising) maintenance fee is going to kill whomever keeps their cloud mining product especially since you cant get rid of it without selling it to someone else. Someone is going to be left holding the bag on that one.
The smaller payouts issue still appears to exist (I have noticed it too I just dont know why). I do not think this is variance because it may take longer to solve a block but when its solved I am still X% of the pool so I should get X% of the payout. TXFEEs are so small on a pool that size they do not amount to much of anything. Additionally the pool shrunk, so presumably my contributions would be a slightly larger percentage of the whole.
Discus fish (f2pool.com) has grown and appears to be larger than CEX. As of last night (dunno about right now) 40% of the entire CEX pool has left and 50% of external miners left. Based on figures obtained when their stratum servers died yesterday CEX has 13 PH/s in cloud mining, everything else is external miners. This is probably for the best given the known security vulnerabilities on the site, the broken code, the constant stream of excuses about how it will take a week to fix problems they just introduced by "upgrading" code without testing it first, the repeated problems of what appears to be their hot wallet running dry. The 62% (and rising) maintenance fee is going to kill whomever keeps their cloud mining product especially since you cant get rid of it without selling it to someone else. Someone is going to be left holding the bag on that one.
I believe it was a mistake like you say, it would be pretty bold for an operation as large as CEX.io to think they could hide 2 found blocks worth 25,000.
well it took me a total of 3 minutes to confirm and find the blocks that were processed, and compare the results to my paid blocks and see I was not paid, but it has been well over 9 hours and we still have not been rewarded. So i guess they are taking the "bold" approach here.
EDIT: they have paid for the two blocks, Luckily I made a profit since they were mined with the cloud and have recently been incurring HUGE maintenance fees. PHEW
Look at block 317304 and block 317321. According to blockchain.info it was solved by ghash.io, according to ghash.io they did not solve it so they aren't paying miners for it. Those are the only 2 out of the last 100 blocks as I only just checked because someone else noticed it first.
It could be just 2 blocks that they kept for themselves either because their software is broken (again) or because they needed an extra ~$25k for hookers and blow. I really dont know but it does make me want to dig deeper into which blocks they have paid on and which ones they should have paid on. If it is 2% of all blocks then there is a serious problem in not disclosing that to people, if they are going to charge a fee they need to declare it and not claim 0% pool fee.
Edit: ha! beat me to it
Edit 2: I am currently pulling blocks from blockchain.info associated with ghash.io to see what is going on. I will also look at what IPs were used to see if one is particularly bad about it or not. I am going to go back a couple hundred more blocks and if I dont see anything give up. Program is running now to do all this.
Edit 3: in the last 167 blocks solved by ghash/cex pool only those 2 did not get paid out. They still have not been at the time of this writing.
It could be just 2 blocks that they kept for themselves either because their software is broken (again) or because they needed an extra ~$25k for hookers and blow. I really dont know but it does make me want to dig deeper into which blocks they have paid on and which ones they should have paid on. If it is 2% of all blocks then there is a serious problem in not disclosing that to people, if they are going to charge a fee they need to declare it and not claim 0% pool fee.
Edit: ha! beat me to it
Edit 2: I am currently pulling blocks from blockchain.info associated with ghash.io to see what is going on. I will also look at what IPs were used to see if one is particularly bad about it or not. I am going to go back a couple hundred more blocks and if I dont see anything give up. Program is running now to do all this.
Edit 3: in the last 167 blocks solved by ghash/cex pool only those 2 did not get paid out. They still have not been at the time of this writing.
GHash.IO pays every found block to its miners, so your investigation regardless of the number of edits will not reveal anything other than that.
We are aware of a discrepancy relating to 2 recent blocks and have announced we are investigating such on our Official thread. https://bitcointalksearch.org/topic/m.8522350
I believe it was a mistake like you say, it would be pretty bold for an operation as large as CEX.io to think they could hide 2 found blocks worth 25,000.
First let me tell you how i found this out, I had a problem where for 6 hours my miner was getting paid for only 10% of his hashrate, the support team has still made it like it was on my end, during this time their own servers were going up and down, my miner would not failover to another pool because in my cgminer it was connected and hashing,thus a failover would not happen, During this problem I pointed my miner in other places for a test like they asked me to and finally pointed it back to ghash.io and mined a whole 4 hour block.
I then noticed my 50ghash/s cloud I have with them was charged a maintenance fee for 177,624 shares mined that block
I will list a few things for you to determine yourself, along with screenshots to back it up.
My miner report for that block
(5s):1.023T (avg):1.022Th/s | A:3322712 R:5120 HW:22 WU:13.6/m
This was the payout report
17732 2014-08-24 09:49:25 317250 25.0550 1/120 4 hours 46.77 Ph Your shares 1523536/75000007950 0.00% 168878284227 0.00050896
Here is the report from the block cloud mined and its fees.
2014-08-24 18:34:54 0.00050896 BTC 0.00050977 MINING-Block #317250, Reward: 0.00050896
2014-08-24 18:34:54-0.00010196 BTC 0.00040781 MAINTENANCE-Shares 177624 , Cost: -0.00010196
Now if we do a simple mathematical equation it will tell us something interesting
If you can mine 177,624 shares with 50ghash/s of mining power in a 4 hour block, how many shares can you mine with 1000Ghash/s of mining power in a 4 hour block?
Solution 177,624(20) = 3552480
Wow how ironic to see that mathematically the numbers match very closely to what my miner stats output was huh?
So from this we can clearly assume Ghash.io is paying us less than 50% of what we mine, and make many excuses and avoid this situation in customer support. his first response was
Please view the same picture submitted to him NOTICE the pool I am mining in HAHAHAHA. Also, understand I already told him I had not subtracted the rejected shares from the 3+millions shares provided but even if I did it would still leave my shares provided at over 3 million.
Your thoughts??
In addition lookat the reward versus the cost of their cloud, below is a report of cloud GHS I ussed to own on CEX.io until I saw it was costing me money instead of making me money
2014-08-25 10:19:37 -0.00004996 BTC 0.00026826 MAINTENANCE - Shares 87032 , Cost: -0.00004996<-------------
2014-08-25 10:19:37 0.00002763 BTC 0.00031822 MINING - Block #317346, Reward: 0.00002763<-----------------LOSS of 0.00002233
2014-08-25 08:18:26 -0.00001076 BTC 0.00029059 MAINTENANCE - Shares 18744 , Cost: -0.00001076
2014-08-25 08:18:26 0.00002977 BTC 0.00030135 MINING - Block #317335, Reward: 0.00002977
2014-08-25 07:54:04 -0.00000207 BTC 0.00027158 MAINTENANCE - Shares 3600 , Cost: -0.00000207
2014-08-25 07:54:04 0.00003121 BTC 0.00027365 MINING - Block #317333, Reward: 0.00003121
2014-08-25 07:46:58 -0.00004372 BTC 0.00024244 MAINTENANCE - Shares 76152 , Cost: -0.00004372<--------------
2014-08-25 07:46:58 0.00003099 BTC 0.00028616 MINING - Block #317332, Reward: 0.00003099<------------------LOSS of 0.00001273
2014-08-25 06:03:07 -0.00003185 BTC 0.00025517 MAINTENANCE - Shares 55472 , Cost: -0.00003185
2014-08-25 06:03:07 0.00004361 BTC 0.00028702 MINING - Block #317324, Reward: 0.00004361
2014-08-25 04:46:45 -0.00002396 BTC 0.00024341 MAINTENANCE - Shares 41736 , Cost: -0.00002396
2014-08-25 04:46:45 0.00004588 BTC 0.00026737 MINING - Block #317314, Reward: 0.00004588
2014-08-25 03:48:34 -0.00001855 BTC 0.00022149 MAINTENANCE - Shares 32304 , Cost: -0.00001855
2014-08-25 03:48:34 0.00004588 BTC 0.00024004 MINING - Block #317314, Reward: 0.00004588
2014-08-25 03:03:57 -0.00005255 BTC 0.00019416 MAINTENANCE - Shares 91544 , Cost: -0.00005255<---------------
2014-08-25 03:03:57 0.00004122 BTC 0.00024671 MINING - Block #317310, Reward: 0.00004122<-------------------LOSS of 0.00001600
2014-08-25 00:59:13 -0.00001266 BTC 0.00020549 MAINTENANCE - Shares 22048 , Cost: -0.00001266
2014-08-25 00:59:13 0.00003989 BTC 0.00021815 MINING - Block #317298, Reward: 0.00003989
So ghash.io wheres the block payment for 317304 and block 317321
Recent blocks Found By GHash.IO
Height Time Hash
317398 (Main Chain) 2014-08-25 11:01:28 000000000000000005537de7c2e1cff923f24394c7778a4007c90ba7daf667c8
317391 (Main Chain) 2014-08-25 10:27:36 0000000000000000079874d433e7809a3fd707821eae25af7c7b954524a01cd2
317388 (Main Chain) 2014-08-25 09:37:07 00000000000000001b295c20166ff208e6cbb45317bc1c0046c1b496fba11de8
317379 (Main Chain) 2014-08-25 07:21:48 00000000000000000df30b837fa0eb04d0e17ae91f6da42016e251c44570591a
317373 (Main Chain) 2014-08-25 06:11:20 00000000000000000a786f9dce8d4914ab728de70dd5d9958283f8469ccc6f5e
317354 (Main Chain) 2014-08-25 02:38:29 00000000000000000eba653188a2a5e56a327776ce8b50e2fc973cb9f00c82d6
317346 (Main Chain) 2014-08-25 01:21:07 00000000000000000ba156235ee5023a94341ab56261ffb8ea1d82be4d6d9727
317335 (Main Chain) 2014-08-24 23:19:35 000000000000000011138abc2b473e66674a0477a6a2746a7dcec899b9816f44
317333 (Main Chain) 2014-08-24 23:00:00 0000000000000000033869804030d3b792bf05266341e8942d2c7914b4079474
317332 (Main Chain) 2014-08-24 22:36:05 000000000000000026eef432722080188ba9e6a7cde26958562fd17a8bf94089
317324 (Main Chain) 2014-08-24 20:46:04 0000000000000000035c9c33100333fb82b0e81e9445b1289abcde3eee093e53
317321 (Main Chain) 2014-08-24 19:50:55 000000000000000002aa1f3f86b321c00ad0998e2b4c80a0d7b1c21b42e162dd
317314 (Main Chain) 2014-08-24 18:59:04 0000000000000000089e428ee009e7ab7fcf405e6346e1a38c11fd1f15f8a3b9
317310 (Main Chain) 2014-08-24 17:54:49 000000000000000028dd8105985932dc177198bbbcb22da939a5e2c1f180e878
317304 (Main Chain) 2014-08-24 16:47:01 0000000000000000264613cfeb8bade08f5eead26966f568c9fd6ef32dc44616
So exactly what more is there for you to investigate?
?
EDIT: Actually Ghash.io pls stop farther investigation, After looking at my payout reports closer I think i will be happy with the positive 11,000 satoshi I left in the account before I pointed my hardware elsewhere and sold all my CEX.io GHS in there, and withdrew all myb BTC I had. If you investigate those blocks I will probably end up with a negative balance due to maintenance fees. So I am ok you can greedily keep that 50 BTC if you need it so darn badly.
I then noticed my 50ghash/s cloud I have with them was charged a maintenance fee for 177,624 shares mined that block
I will list a few things for you to determine yourself, along with screenshots to back it up.
My miner report for that block
(5s):1.023T (avg):1.022Th/s | A:3322712 R:5120 HW:22 WU:13.6/m
This was the payout report
17732 2014-08-24 09:49:25 317250 25.0550 1/120 4 hours 46.77 Ph Your shares 1523536/75000007950 0.00% 168878284227 0.00050896
Here is the report from the block cloud mined and its fees.
2014-08-24 18:34:54 0.00050896 BTC 0.00050977 MINING-Block #317250, Reward: 0.00050896
2014-08-24 18:34:54-0.00010196 BTC 0.00040781 MAINTENANCE-Shares 177624 , Cost: -0.00010196
Now if we do a simple mathematical equation it will tell us something interesting
If you can mine 177,624 shares with 50ghash/s of mining power in a 4 hour block, how many shares can you mine with 1000Ghash/s of mining power in a 4 hour block?
Solution 177,624(20) = 3552480
Wow how ironic to see that mathematically the numbers match very closely to what my miner stats output was huh?
So from this we can clearly assume Ghash.io is paying us less than 50% of what we mine, and make many excuses and avoid this situation in customer support. his first response was
Derrik G
Today at 01:59
Hi,
Whats your error rate on your machines? We are not a pay per share pool but a PPLNS pool so your only going to see shares credited towards blocks solved within the last 10 previous shift scores.
Try pointing your miners to nl1.ghash.io:3333 either as a primary or backup pool.
Best Regards,
Derrik G.
CEX.IO Support
Today at 01:59
Hi,
Whats your error rate on your machines? We are not a pay per share pool but a PPLNS pool so your only going to see shares credited towards blocks solved within the last 10 previous shift scores.
Try pointing your miners to nl1.ghash.io:3333 either as a primary or backup pool.
Best Regards,
Derrik G.
CEX.IO Support
Please view the same picture submitted to him NOTICE the pool I am mining in HAHAHAHA. Also, understand I already told him I had not subtracted the rejected shares from the 3+millions shares provided but even if I did it would still leave my shares provided at over 3 million.
Your thoughts??
Look at block 317304 and block 317321.
In addition lookat the reward versus the cost of their cloud, below is a report of cloud GHS I ussed to own on CEX.io until I saw it was costing me money instead of making me money
2014-08-25 10:19:37 -0.00004996 BTC 0.00026826 MAINTENANCE - Shares 87032 , Cost: -0.00004996<-------------
2014-08-25 10:19:37 0.00002763 BTC 0.00031822 MINING - Block #317346, Reward: 0.00002763<-----------------LOSS of 0.00002233
2014-08-25 08:18:26 -0.00001076 BTC 0.00029059 MAINTENANCE - Shares 18744 , Cost: -0.00001076
2014-08-25 08:18:26 0.00002977 BTC 0.00030135 MINING - Block #317335, Reward: 0.00002977
2014-08-25 07:54:04 -0.00000207 BTC 0.00027158 MAINTENANCE - Shares 3600 , Cost: -0.00000207
2014-08-25 07:54:04 0.00003121 BTC 0.00027365 MINING - Block #317333, Reward: 0.00003121
2014-08-25 07:46:58 -0.00004372 BTC 0.00024244 MAINTENANCE - Shares 76152 , Cost: -0.00004372<--------------
2014-08-25 07:46:58 0.00003099 BTC 0.00028616 MINING - Block #317332, Reward: 0.00003099<------------------LOSS of 0.00001273
2014-08-25 06:03:07 -0.00003185 BTC 0.00025517 MAINTENANCE - Shares 55472 , Cost: -0.00003185
2014-08-25 06:03:07 0.00004361 BTC 0.00028702 MINING - Block #317324, Reward: 0.00004361
2014-08-25 04:46:45 -0.00002396 BTC 0.00024341 MAINTENANCE - Shares 41736 , Cost: -0.00002396
2014-08-25 04:46:45 0.00004588 BTC 0.00026737 MINING - Block #317314, Reward: 0.00004588
2014-08-25 03:48:34 -0.00001855 BTC 0.00022149 MAINTENANCE - Shares 32304 , Cost: -0.00001855
2014-08-25 03:48:34 0.00004588 BTC 0.00024004 MINING - Block #317314, Reward: 0.00004588
2014-08-25 03:03:57 -0.00005255 BTC 0.00019416 MAINTENANCE - Shares 91544 , Cost: -0.00005255<---------------
2014-08-25 03:03:57 0.00004122 BTC 0.00024671 MINING - Block #317310, Reward: 0.00004122<-------------------LOSS of 0.00001600
2014-08-25 00:59:13 -0.00001266 BTC 0.00020549 MAINTENANCE - Shares 22048 , Cost: -0.00001266
2014-08-25 00:59:13 0.00003989 BTC 0.00021815 MINING - Block #317298, Reward: 0.00003989
So ghash.io wheres the block payment for 317304 and block 317321
Recent blocks Found By GHash.IO
Height Time Hash
317398 (Main Chain) 2014-08-25 11:01:28 000000000000000005537de7c2e1cff923f24394c7778a4007c90ba7daf667c8
317391 (Main Chain) 2014-08-25 10:27:36 0000000000000000079874d433e7809a3fd707821eae25af7c7b954524a01cd2
317388 (Main Chain) 2014-08-25 09:37:07 00000000000000001b295c20166ff208e6cbb45317bc1c0046c1b496fba11de8
317379 (Main Chain) 2014-08-25 07:21:48 00000000000000000df30b837fa0eb04d0e17ae91f6da42016e251c44570591a
317373 (Main Chain) 2014-08-25 06:11:20 00000000000000000a786f9dce8d4914ab728de70dd5d9958283f8469ccc6f5e
317354 (Main Chain) 2014-08-25 02:38:29 00000000000000000eba653188a2a5e56a327776ce8b50e2fc973cb9f00c82d6
317346 (Main Chain) 2014-08-25 01:21:07 00000000000000000ba156235ee5023a94341ab56261ffb8ea1d82be4d6d9727
317335 (Main Chain) 2014-08-24 23:19:35 000000000000000011138abc2b473e66674a0477a6a2746a7dcec899b9816f44
317333 (Main Chain) 2014-08-24 23:00:00 0000000000000000033869804030d3b792bf05266341e8942d2c7914b4079474
317332 (Main Chain) 2014-08-24 22:36:05 000000000000000026eef432722080188ba9e6a7cde26958562fd17a8bf94089
317324 (Main Chain) 2014-08-24 20:46:04 0000000000000000035c9c33100333fb82b0e81e9445b1289abcde3eee093e53
317321 (Main Chain) 2014-08-24 19:50:55 000000000000000002aa1f3f86b321c00ad0998e2b4c80a0d7b1c21b42e162dd
317314 (Main Chain) 2014-08-24 18:59:04 0000000000000000089e428ee009e7ab7fcf405e6346e1a38c11fd1f15f8a3b9
317310 (Main Chain) 2014-08-24 17:54:49 000000000000000028dd8105985932dc177198bbbcb22da939a5e2c1f180e878
317304 (Main Chain) 2014-08-24 16:47:01 0000000000000000264613cfeb8bade08f5eead26966f568c9fd6ef32dc44616
We are aware of a discrepancy relating to 2 recent blocks and have announced we are investigating such on our Official thread. https://bitcointalksearch.org/topic/m.8522350
So exactly what more is there for you to investigate?
?EDIT: Actually Ghash.io pls stop farther investigation, After looking at my payout reports closer I think i will be happy with the positive 11,000 satoshi I left in the account before I pointed my hardware elsewhere and sold all my CEX.io GHS in there, and withdrew all myb BTC I had. If you investigate those blocks I will probably end up with a negative balance due to maintenance fees. So I am ok you can greedily keep that 50 BTC if you need it so darn badly.
Look at block 317304 and block 317321. According to blockchain.info it was solved by ghash.io, according to ghash.io they did not solve it so they aren't paying miners for it. Those are the only 2 out of the last 100 blocks as I only just checked because someone else noticed it first.
It could be just 2 blocks that they kept for themselves either because their software is broken (again) or because they needed an extra ~$25k for hookers and blow. I really dont know but it does make me want to dig deeper into which blocks they have paid on and which ones they should have paid on. If it is 2% of all blocks then there is a serious problem in not disclosing that to people, if they are going to charge a fee they need to declare it and not claim 0% pool fee.
Edit: ha! beat me to it
Edit 2: I am currently pulling blocks from blockchain.info associated with ghash.io to see what is going on. I will also look at what IPs were used to see if one is particularly bad about it or not. I am going to go back a couple hundred more blocks and if I dont see anything give up. Program is running now to do all this.
Edit 3: in the last 167 blocks solved by ghash/cex pool only those 2 did not get paid out. They still have not been at the time of this writing.
It could be just 2 blocks that they kept for themselves either because their software is broken (again) or because they needed an extra ~$25k for hookers and blow. I really dont know but it does make me want to dig deeper into which blocks they have paid on and which ones they should have paid on. If it is 2% of all blocks then there is a serious problem in not disclosing that to people, if they are going to charge a fee they need to declare it and not claim 0% pool fee.
Edit: ha! beat me to it
Edit 2: I am currently pulling blocks from blockchain.info associated with ghash.io to see what is going on. I will also look at what IPs were used to see if one is particularly bad about it or not. I am going to go back a couple hundred more blocks and if I dont see anything give up. Program is running now to do all this.
Edit 3: in the last 167 blocks solved by ghash/cex pool only those 2 did not get paid out. They still have not been at the time of this writing.
GHash.IO pays every found block to its miners, so your investigation regardless of the number of edits will not reveal anything other than that.
We are aware of a discrepancy relating to 2 recent blocks and have announced we are investigating such on our Official thread. https://bitcointalksearch.org/topic/m.8522350
Look at block 317304 and block 317321. According to blockchain.info it was solved by ghash.io, according to ghash.io they did not solve it so they aren't paying miners for it. Those are the only 2 out of the last 100 blocks as I only just checked because someone else noticed it first.
It could be just 2 blocks that they kept for themselves either because their software is broken (again) or because they needed an extra ~$25k for hookers and blow. I really dont know but it does make me want to dig deeper into which blocks they have paid on and which ones they should have paid on. If it is 2% of all blocks then there is a serious problem in not disclosing that to people, if they are going to charge a fee they need to declare it and not claim 0% pool fee.
Edit: ha! beat me to it
Edit 2: I am currently pulling blocks from blockchain.info associated with ghash.io to see what is going on. I will also look at what IPs were used to see if one is particularly bad about it or not. I am going to go back a couple hundred more blocks and if I dont see anything give up. Program is running now to do all this.
Edit 3: in the last 167 blocks solved by ghash/cex pool only those 2 did not get paid out. They still have not been at the time of this writing.
It could be just 2 blocks that they kept for themselves either because their software is broken (again) or because they needed an extra ~$25k for hookers and blow. I really dont know but it does make me want to dig deeper into which blocks they have paid on and which ones they should have paid on. If it is 2% of all blocks then there is a serious problem in not disclosing that to people, if they are going to charge a fee they need to declare it and not claim 0% pool fee.
Edit: ha! beat me to it
Edit 2: I am currently pulling blocks from blockchain.info associated with ghash.io to see what is going on. I will also look at what IPs were used to see if one is particularly bad about it or not. I am going to go back a couple hundred more blocks and if I dont see anything give up. Program is running now to do all this.
Edit 3: in the last 167 blocks solved by ghash/cex pool only those 2 did not get paid out. They still have not been at the time of this writing.
Blocks 317321 and 317304 were found by Ghash.io according to blockchain and not orphaned.
Those same 2 blocks are not even on the list of blocks found on ghash.io ( completely missing for the list ).
I imagine it is just some glitch as I don't think any big pool like ghash would think they could get away with hiding 2 blocks, eventually someone would spot them.
Those same 2 blocks are not even on the list of blocks found on ghash.io ( completely missing for the list ).
I imagine it is just some glitch as I don't think any big pool like ghash would think they could get away with hiding 2 blocks, eventually someone would spot them.
While I agree you should not make rash decisions and jump out of your pool based on your payout dipping due to variance. There does seem to be some suspicious patterns occuring.
Now that I see Ghash is also paying out less than expected I have to go "hmmm"...and do more research.
http://www.bitcoincharts.com/
Current network speed (calculated by rate of blocks turned in): 147.9PH
https://www.btcguild.com/index.php?page=pool_stats
BTCGuild reported speed (calculated by rate of shares hashed): 12.0PH
http://blockchain.info/pools
BTCGuild reported share of total network (calculated by rate of blocks turned in): 7%
149.9 * .07 = 10.4PH = 12PH - 1.6PH missing blocks
Now of course this can be explained by bad luck, but on how many pools can this bad luck occur.
Also note that the share of network blocks turned in is 9% for two individual unidentified addresses, and 12% completely unknown to blockchain.info.
Obviously there are private players out there, but are they 21% of the actual hashing capacity?
Last link: http://bitcoin.sipa.be/speed-lin-10k.png
A lot of blocks sure are being turned in now that we're in the last 300 blocks before the difficulty change.
Mining Pools on the other hand typically calculate their hash rate based on the number of shares turned in. For example: https://www.btcguild.com/index.php?page=pool_stats and http://eligius.st/~gateway/stats/recent-blocks
Interestingly both of those pools have had an increase of their hash rate, and a drop in pool luck over the same time frame.
What if a major pool, or private miner (Ghash, CoinTerra, etc), mined with half of their hardware on a public pool but executed a withholding attack on the pool? They would collect BTC rewards for the other blocks found by the public pool, but withhold all blocks found and transfer thier BTC rewards to their own pool. This would make the public pool's luck look bad, and their own pool luck look good.
They could even delay the block release until a time when their own pool luck was bad, or the public pool's luck was good, to prevent it from looking too obvious. This delay would cause the entire combined network hash speed to appear much lower than it actually is, at least until they release the found blocks. They would only need to release them before the difficulty increased when the blocks might become invalid.
Disclaimer: I have done no research beyond the links listed above, and this is pure speculation.
Interestingly both of those pools have had an increase of their hash rate, and a drop in pool luck over the same time frame.
What if a major pool, or private miner (Ghash, CoinTerra, etc), mined with half of their hardware on a public pool but executed a withholding attack on the pool? They would collect BTC rewards for the other blocks found by the public pool, but withhold all blocks found and transfer thier BTC rewards to their own pool. This would make the public pool's luck look bad, and their own pool luck look good.
They could even delay the block release until a time when their own pool luck was bad, or the public pool's luck was good, to prevent it from looking too obvious. This delay would cause the entire combined network hash speed to appear much lower than it actually is, at least until they release the found blocks. They would only need to release them before the difficulty increased when the blocks might become invalid.
Disclaimer: I have done no research beyond the links listed above, and this is pure speculation.
Now that I see Ghash is also paying out less than expected I have to go "hmmm"...and do more research.
http://www.bitcoincharts.com/
Current network speed (calculated by rate of blocks turned in): 147.9PH
https://www.btcguild.com/index.php?page=pool_stats
BTCGuild reported speed (calculated by rate of shares hashed): 12.0PH
http://blockchain.info/pools
BTCGuild reported share of total network (calculated by rate of blocks turned in): 7%
149.9 * .07 = 10.4PH = 12PH - 1.6PH missing blocks
Now of course this can be explained by bad luck, but on how many pools can this bad luck occur.
Also note that the share of network blocks turned in is 9% for two individual unidentified addresses, and 12% completely unknown to blockchain.info.
Obviously there are private players out there, but are they 21% of the actual hashing capacity?
Last link: http://bitcoin.sipa.be/speed-lin-10k.png
A lot of blocks sure are being turned in now that we're in the last 300 blocks before the difficulty change.
While I would rarely ever defend ghash I do not see any suspicious pattern. Please point to a specific time period or block sequence where you think they might have been withholding solves for the pool.
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