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Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com - page 212. (Read 465769 times)

sr. member
Activity: 420
Merit: 250
Too many unconfirmed, what is going on?



Since 28th Feb In AEST [my time zone]... THe graphs/stats have been looking bad.. And I think its due to the explanation that was just given..

It has just clicked over to the 2/3/2014 12:28am And I am still waiting for things to start looking good , Not so good so far
newbie
Activity: 47
Merit: 0
Too many unconverted, what is going on?

From 1am to 10am last confirmed, from 10am to 2pm not a single confirmed?

http://www.dodaj.rs/f/1V/rQ/2OBLMHUj/waffle.jpg
sr. member
Activity: 420
Merit: 250


poolwaffle, thanks again for your great updates on what's going on. This gives me great confidence in the pool and in you as pooloperator.
Keep up the good work!!!


Just curious if the Pay time is 7am EST as the 1 page says , Is this still the case?? As last couple days not the case, If the pay time or schedule or pay frequency has changed, can some one let me know of please update the 1st page ?

PS: Thank you Poolwaffle for giving us updates and not leaving us in the dark, Very good work!! You must be very proud of yourself for what are doing and accomplishing  AWESOME is not even the word

Thanks
A H
sve
newbie
Activity: 10
Merit: 0


poolwaffle, thanks again for your great updates on what's going on. This gives me great confidence in the pool and in you as pooloperator.
Keep up the good work!!!
sr. member
Activity: 560
Merit: 250
why btc per mh dropped badly to 0.00780040 Angry


*edit : lets wait and see fixes will work or not Smiley
sr. member
Activity: 322
Merit: 254
Most of what you said went over my head, but thanks for the update. If I'm understanding the update correctly, a lot of it was because of the database issue? What exactly happened with the database, and when/how will it be fixed? A 25% dip in profit is a good chunk that we're all losing.

It already has been fixed.  It happened at roughly 6am, was fixed at roughly 9:30am.  The cause was (in simple terms) it got close to running out of disk space, essentially from me enabling logging to track down some slow-downs, and the logs not being rotated properly (about 30gb of logging overnight).  My alerts went off as a warning, but I didn't hear them apparently (asleep).
legendary
Activity: 812
Merit: 1002
Most of what you said went over my head, but thanks for the update. If I'm understanding the update correctly, a lot of it was because of the database issue? What exactly happened with the database, and when/how will it be fixed? A 25% dip in profit is a good chunk that we're all losing.
member
Activity: 71
Merit: 11
Thanks for the update Waffle, as ever. And thanks for working tirelessly on improving this already awesome pool of yours. Smiley
sr. member
Activity: 322
Merit: 254
OK.  So there are unfortunately a whole bunch of things going into the profitability for today, some of which are unrecoverable, some are essentially display issues (recoverable), some are outside of our control (some recoverable, some unrecoverable).

First, the unrecoverable:
So from what I can tell, we had about 3-4 hours early this morning of less than optimal mining (the definition of less than optimal I'm not sure on, around -25% seems likely).  This was due to two factors.  First, the database issues caused our switcher to make less than optimal choices.  Second, the database issues caused a problem in our block propagation strategy.  We typically relay blocks to remote nodes to better help with propagation time (fewer orphans).  Due to the database issues, this failed as well, so we ended up having more orphaned blocks during that time (20% instead of 10%), these happened more on lower difficulty coins than high ones (as expected), so its not a hard 10%, but its definitely a factor.  This is obviously mining time spent, that cannot be recovered, and we're expected to have _actual_ lower earnings today than normal because of it (guessing 10% or so).

Second, the display issues:
We track balances every few minutes.  Its what gives us the running tallies of coins, earnings for the day, and overall profitability numbers.  The way in which we track them is essentially snapshots of what we _think_ we have in earnings.  This is coins that we've already exchanged (known), coins that we think we can exchange (confirmed blocks, waiting for deposit to the exchange to convert), and coins that we hope we can exchange (blocks that aren't confirmed yet, could still easily be orphaned).  When we solve a block, we calculate what we think it is worth (coins x price), and add to our balance.  If in the future the block gets orphaned, the balance in a future snapshot will be less than the one previous.  What this means, is that if a block is earned in a previous day, it will be added to the earnings for that day, but if it is orphaned today, would be removed from earnings for today (yesterday is higher than it should have been, albeit slightly, today is lower than it should have been).

This compounds with the third point, issues outside of our control:
A few days ago (3-4) we earned a bunch of coins (Reddcoin, Karmacoin, Mintcoin, Smartcoin), these were all on a new exchange (coinmarket.io).  We ran them in testing and everything was fine.  We started mining them in rotation, everything was fine.  We started mining them fully, everything was fine for a day.  Then coinmarket went offline, and has been claiming they'll be coming back "today" for about 3 days straight.  In that time, all of the coins that we earned while mining, have been stuck there, unable to be exchanged.  These coins were essentially "earned" 3-4 days ago (higher earnings on those days), and have been dropping in expected price (other exchanges prices included) over those 3-4 days (mostly today/yesterday), leading to today's balance being lower than it should be.

The last piece is something that I expect is fully recoverable (more of a display issue):
The way we calculate price is still a relic of the way it came to be.  We originally (day 1) started tracking prices as a method of determining the value of coins (imagine that!).  This includes depth analysis.  Essentially depth analysis can be explained with a simple example: There are 2 bids for a coin, one bid for 10 of that coin for 1.0btc each, one bid for 10 of that coin for 0.1btc each.  Assume each block is worth 10 coins.  The first block you mine is worth a good bit (10x1 = 10btc!), however, the 2nd block you mine is worth _significantly_ less (10x0.1 = 1btc).  This is extremely important to be able to tell how much of the coins you mine you'll actually be able to sell (and their expected prices).  We've always tracked prices as a "what is the next block worth", as that was always the most important piece from a switcher point of view.  This is the price we use across the board for things like "expected btc value".

Normally, using this price isn't an issue, its a conservative estimate of actual prices.  In the previous example, if we had mined 2 blocks (20 coins), we would show the expected value as 20x0.1 = 2btc (note the low price), when in actuality, it would be 10x1 + 10x0.1 = 11btc (actual price).  This normally isn't a problem because we normally don't have that many outstanding coins, and as they convert to btc, we get the actual price they were converted at, and our stats stay very close to actual.  The time that this fails, is times like today.  Cryptsy's API is down (not sure why), so we haven't been able to auto-trade coins overnight.  This means coins have been piling up (they've actually been traded now, but our scripts can't see that until the API is back up), and because they've been piling up, and earnings are using the conservative estimate, earnings show as lower than in actuality.


All of these things combined are essentially factors in the current earnings looking rediculously low for the day.  And unfortunately, telling how much is each of them is a really challenging thing.  I'm still digging through it all, just thought I'd give you guys an update to what I've found so far.
member
Activity: 84
Merit: 10
Please give me Bitcoins so I can buy more food
Ohh dear thanks for the update.
newbie
Activity: 7
Merit: 0
I'm the one who dropped it to 0 temporarily.

I was concerned with the profitability as well (its stupid low), and started digging around.  Looks like our main database started acting funny at some point this morning, causing some chain reactions down the line.  Once I noticed (30min ago), I did an emergency restart of everything (db, endpoints, etc), which involved a few minutes of downtime (0 hashrate).

Everything should be up and running now, and I'm looking to see how much of the damage that was done is recoverable (just not processing blocks), how much of it is just stat reporting (not being able to pull stats from the db and thus not reflecting correctly), and how much is essentially actually lost (profitability stats couldn't be updated, thus switcher has bad data to use, thus picking incorrect coins, and just mining for shit for a while).

Essentially, I'm looking into it as we speak, will hopefully know more in the coming few hours.  Sorry ahead of time.

Ok, thanks for the update
sr. member
Activity: 322
Merit: 254
I'm the one who dropped it to 0 temporarily.

I was concerned with the profitability as well (its stupid low), and started digging around.  Looks like our main database started acting funny at some point this morning, causing some chain reactions down the line.  Once I noticed (30min ago), I did an emergency restart of everything (db, endpoints, etc), which involved a few minutes of downtime (0 hashrate).

Everything should be up and running now, and I'm looking to see how much of the damage that was done is recoverable (just not processing blocks), how much of it is just stat reporting (not being able to pull stats from the db and thus not reflecting correctly), and how much is essentially actually lost (profitability stats couldn't be updated, thus switcher has bad data to use, thus picking incorrect coins, and just mining for shit for a while).

Essentially, I'm looking into it as we speak, will hopefully know more in the coming few hours.  Sorry ahead of time.
sr. member
Activity: 411
Merit: 250
miners work, but statistics 0. Need to wake wafflepool)))
newbie
Activity: 37
Merit: 0
Hashrate : 0...

Problem with the stats page I think as I am still submitting shares, no real problem.

By the way, thank you waffle for the pool !

Getting the same.

Glad to see I'm not the only one same issue

Same here... hashrate 0   Huh
member
Activity: 84
Merit: 10
Please give me Bitcoins so I can buy more food
Hashrate : 0...

Problem with the stats page I think as I am still submitting shares, no real problem.

By the way, thank you waffle for the pool !

Getting the same.

Glad to see I'm not the only one same issue
sr. member
Activity: 364
Merit: 250
Hashrate : 0...

Problem with the stats page I think as I am still submitting shares, no real problem.

By the way, thank you waffle for the pool !

Getting the same.
newbie
Activity: 7
Merit: 0
Hashrate : 0...

Problem with the stats page I think as I am still submitting shares, no real problem.

By the way, thank you waffle for the pool !
sr. member
Activity: 490
Merit: 250
Gridseeds are out there. A few MHs is not going to get you anything anymore. Just gotta wait around for a coin that figures out how to successfully decentralize.

You mean vertcoin ?!
sr. member
Activity: 420
Merit: 250
Sorry I have no time to jump on the thread and check post after post to find out whats happening the reason I joined this pool is so I do not have to worry and think too much as I have a full time job and a life.. Just quickly , I dont know when the payments are can someone let me know? Seems l am getting payment all over the place

It says:

Payouts are run once daily, and automatically pay anyone with a balance of 0.01 btc.  On Sundays pay anyone with a balance of 0.001 btc.
Payouts are not at an exact time, but are typically at Noon GMT (7am EST).

On the front page and I dont knw if this is still true
sr. member
Activity: 434
Merit: 250
http://wafflepool.com/stats

Wow the gap between exchanged and sent really seems to be growing.   More payouts to come today?

Loving WP!

So the main piece in the unexchanged (and part of the reason the earnings for today have bounced around a bit), is one of our exchanges (coinmarket.io) has been down for 2-3 days.  So a bunch of coins (smartcoin, karmacoin, reddcoin, penguincoin) have been sitting on the exchange, and have been unable to get exchanged.  Since then, smartcoin has been added to Cryptsy, and we originally added the smartcoin we had mined with the expected exchange rate (added to balance).  But since coinmarket.io has been locked (and our coins are over there), our scripts started pulling prices from Cryptsy (lower than coinmarket - and probably more correct since they're more recent), and the expected earnings for those coins are lower.  Since we recorded them a few days ago at a higher value, and now (today, a tiny bit yesterday) are recording them at a lower value, our "earnings" for today suffered.  Essentially its just a bad way of reading/recording these stats, but its what we've got for now...

The last few hours have been the worst results i've seen since I've joined this pool.  I added two large miners today (nearly doubling my hash rate) and my current earnings over the last few hours are almost the same as it was before the additions...

Concerning to say the least.

Did you even read what he said?
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