Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com - page 170. (Read 465769 times)

Alrighty.

So, first things first.  I've been very actively monitoring the GHash hashrate, and been turning on/off proxying accordingly.  Overall, I would say we were like 10% on it throughout the last few hours.  Sometimes at 50%, sometimes 0-5% (more often than 50%).  Its unfortunately not the easiest thing to turn on/off, and its not the most accurate when it comes to exact % (its just our load balancer, and its balancing per connection, some connections are 100khs, some are 10MHs, and the balancer doesn't know/care).  So I've probably been a bit more cautious on average than I should have.

As for the big hashrate loss, as I'm sure most of you know, the vast majority of it comes from one guy (he posted here a while ago).  I confirmed with him that he moved to GHash to take advantage of the offer (expected), and he confirmed that when the offer is out (either at the end of the week, or when it drops based on hashrate) that his plan is to come back to WP, so it looks to be a temporary drop (also expected).

I'll keep tweaking our proxy hashrate as their 2x is available, and if there is a time when I won't be able actively tweak (who needs sleep?!) I'll cut it off at that time (or find someone who can enable/disable via web interface - if I write one before then).

Have you ever considered that doge has a large following because people like the uncertainty of variable block rewards (however illusional or perhaps delusional), and that you likely would have been able to accumulate more doge by sending all you hashpower here and then buying doge with btc?

I never would have mentioned this before, but since variable block rewards are going away in a couple days it no longer really matters..

I keep half of my hash pointed at doge these days, so I do agree with you. When all said and done, only the altcoins with strong communities will go anywhere. BTC/LTC are too serious for mainstream but I think DOGE fills in a nice broader appeal. Crypto is still young and there is room for 4-5 others outside bitcoin and litecoin

Thank you guys for your company but I am going to quit wafflepool for good.

 I am going to mine dogecoin on a dedicated mining pools from now on with my mining farm. I think dogecoin value will only rise after the coming fork in 2 days because of static block reward. Hence no more cherry picking those 400,000 blocks. So sad... well it was fun till it lasted.
Also the new algo digishield is going to make it difficult for multipools to take advantage of difficulty adjustment.

With dogecoin rewards next halvening coming in  approx 1 month, and then subsequent halvening every 2 months it will really take off the selling pressure and I genuinely believe it will rise steadily due to its 70,000 strong community on reddit. My guess is it will be worth at least 5 times more than it is now in terms of doge/btc.

I did a big mistake of converting my litecoins for bitcoins for 6 month last year when ltc/btc was between 0.015 and 0.01 only to kick myself when the ratio rose to 0.04 in last dec. If I would have hold on to my litecoins I would be very rich by now.

Not gonna make same mistake again with dogecoin.

So long...

As for the chinese farm of greedy bastards... The bigger they get, the greedier they become...

I see the chinese investors even worse then American Investors... Sleezy Greedy Bastards, that see capitalism in a very fanatical way...

LPC

Out of curiosity, I traced some of the whale's payments through the bitcoin network, and very quickly found about US$3.5 million still sitting unspent in bitcoin wallets.  If the whale were really a pool, then he would have had to pay much of that out to miners.  So it seems that he is indeed a very large farm as he has mentioned, likely with installations located in Guangzhou, Beijing, and Shanghai -- which suggests very strong backing as it has not been necessary for him to convert that much bitcoin into fiat currency in order to cover expenses.

And with all that money, he only donated $63 to Wil for wafflestats.  Well, it's better than nothing I guess!

Both, perhaps? I'm only running a single mongodb instance and mongo REALLY shines (apparently) when you replicate it and shard it. So I'm not using it perfectly.

The largest dataset is storing each datapoint at 1 to 5 minute intervals for two weeks. There are currently 27,294,278 data points for 4500 addresses. Each datapoint is 240bytes in size.

Doesn't really matter either way.  He still controls a significant amount of hashpower.

Clearly, you missed my point entirely..

Both, perhaps? I'm only running a single mongodb instance and mongo REALLY shines (apparently) when you replicate it and shard it. So I'm not using it perfectly.

The largest dataset is storing each datapoint at 1 to 5 minute intervals for two weeks. There are currently 27,294,278 data points for 4500 addresses. Each datapoint is 240bytes in size.

christ, is that just poor design or are mongo databases meant to be used for small stuff?

It's not so much hosting (well, it is), as it is the mongo database I'm hosting. I started using mongo because, well, it's the "new hotness", and I started this project to play with new technologies. The problem is, I didn't realize at the time that 1) This would get so popular, and 2) Mongo needs to have all data in memory for it to be at all efficient.

The database is now hosting ~8gb of data and ~4gb of indexes. I'm sure I could make that more efficient, but, well, at this point it'd be a lot more work than I think it's worth. Because of that amount of data, I need to run it on an AWS server with a LOT of ram, and those are a fair bit more expensive than the other servers I'm running. Every time I've had an issue with the site being slow, it's been because of mongo running out of ram to use.

MongoDB... only once. :-P

Hi M8!
Amaizing job!!

I will give you some Donation!

Also, do you need a hosting plan? I have a Hosting company, PM me with the requirements for the site, we will figure it out!

Best Regards and keep up the good work...

LPC

WAFFLEStats V1.0 - Summarizin' and Detailin'
Just going to get right to it:

Summary Tab
This new first page shows a stacked filled area chart for balances. This allows for a much cleaner overview of what you're currently earning than the previous line charts. It also overlays payments (green line), hashrate (red line), and the "payout threshold" which is yellow dashes.
The balances are all a shade of blue to help tone down the number of colors and to prevent overwhelming you with information. They are stacked so your "unsent" balance is now shown automatically.

The good thing about this graph is that you can see everything at a glance, but you can also turn things on and off as you so desire. Clicking the individual items in the legend will show and hide them. As such, I removed the show buttons.

Details Tab
This allows you to see your hashrate and balance/earnings details, as well as your payments. You can select the period for which it should calculate earnings. Anything else you'd like to see here just let me know and I'll try my best to add it.

Charts Tab
This is simply the old page that I left for those that like it more than what I added today. I did add payments to the balances chart.

Options
A much requested feature: NIGHTTIME MODE. This simply allows you to change the page and chart theme to a darker color so it's easier on the eyes. Much eye strain before.

Squashed Bugs and Important Changes
There were several bugs, some of which you only would have noticed were you a hashing whale. The various hashrate values now adjust for kHash, mHash, and gHash. Balances work no matter if you're earning above or below 1000btc.

I had to delete the payments history because it was storing values as local server time instead of UTC time and thus showing incorrectly on the charts. As such, I had to disable payment notifications for everyone. This was to prevent spamming the hell out of people when I turned the site back on. I'll likely re-enable them later today, but if you want to do so sooner, feel free.

Comming Soon
My todo list:

- Add currency conversion values to BTC values using the various exchange API's
- Add individual worker stats
- Cache last email time to addresses in redis to prevent spamming when database becomes unresponsive.
- Add ability to calculate time until you reach a value. For example, on the details page, select the value "0.01", and it will tell you the estimated time until you reach that amount.

That's pretty much it. Sorry for the downtime over the last few days. Database reached new massive sizes and the server had to be upgraded, and Amazon AWS was being unresponsive so I wasn't able to fix things immediately. Everything should be good now.

As always, please, consider donating. AWS is costly: I'm 15 days in to the month and my cost is $63. Holy shit, I didn't realize it was that much. Please, please, consider donating. Every little bit helps. I'll need to pull it down if I can't cover server costs with donations.

Bitcoin Address: 1Pr87ypYdG8eMTNUXR4rT1q2P1VJ7yu1b5