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Topic: Re: Mining pools list - page 51. (Read 803 times)

donator
Activity: 2058
Merit: 1007
Poor impulse control.
June 25, 2013, 06:27:42 PM
Thanks everyone! I've updated Bitparking, 50BTC and Itzod.
legendary
Activity: 3108
Merit: 1359
June 25, 2013, 11:50:08 AM
pool.itzod.ru sets diff automatically to value from 2 to 128 with x2 steps.
hero member
Activity: 607
Merit: 500
June 25, 2013, 01:16:37 AM
50BTC has user define diff from 1 to 64. i 've just made a worker there Wink
legendary
Activity: 1078
Merit: 1005
June 24, 2013, 07:25:40 PM
Bitparking is now "no fee" on DGM. This is to compensate for the extended time it's taking to implement paying out transaction fees to miners.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
June 24, 2013, 12:34:28 AM
Updated. Please post any corrections or errors.

what would be the first steps to start your own mining pool?

This is a thread for miners and pool ops to ask and answer questions abut mining related issues. It might be best to post a new topic.
newbie
Activity: 45
Merit: 0
June 19, 2013, 06:15:21 PM
what would be the first steps to start your own mining pool?
donator
Activity: 2058
Merit: 1007
Poor impulse control.
June 12, 2013, 05:07:06 PM
Hi organofcorti,
  Now that it's live, can you please update BTCGuildPPLNS to 'Yes' for Merged Mining?

  Thanks!

Done!
legendary
Activity: 1750
Merit: 1007
June 12, 2013, 04:53:24 PM
Hi organofcorti,
  Now that it's live, can you please update BTCGuildPPLNS to 'Yes' for Merged Mining?

  Thanks!
legendary
Activity: 1750
Merit: 1007
June 11, 2013, 10:40:46 AM
Is this really true?  https://bitcointalk.org/index.php?topic=54673.msg2439241#msg2439241

One of the problem with 50BTC is the rounding of the payout per share.  Before, when the difficulty was lower, and earned 500+ Satoshi per shares (ahh, anyone remember those days!), it wasn't making such a difference.  But now, with difficulty of ~15,605,633, you see that 50BTC gives a payout per share of 155 Satoshi, when in reality it should be ~155.39 Satoshi.  That mean you're letting away an extra 0.25% per share.  That is basically equivalent to a fee of approx 3.25%.  And it's the same for all per-share difficulty.  Whatever you set it to, the payout is a multiple of the base difficulty.

Do some or all PPS pools have higher than expected fees because of rounding errors?

All pools require rounding at some point in the process.  It depends on which point in the process and how deep they go into decimals for how that affects users.

BTC Guild PPS rounds down at the 16th decimal place for display, and the satoshi level when sending a payout (required obviously).  However, all shares are stored in a way that the payout amounts are calculated live without rounding until the final number.  This means there is no rounding done on individual share payout rates, so instead of losing out on rounding per-share, you will never be behind a full satoshi in total.

BTC Guild PPLNS method does require rounding, which is rounded DOWN at the 14th decimal place.
hero member
Activity: 481
Merit: 500
June 11, 2013, 10:09:28 AM
Is this really true?  https://bitcointalksearch.org/topic/m.2439241

One of the problem with 50BTC is the rounding of the payout per share.  Before, when the difficulty was lower, and earned 500+ Satoshi per shares (ahh, anyone remember those days!), it wasn't making such a difference.  But now, with difficulty of ~15,605,633, you see that 50BTC gives a payout per share of 155 Satoshi, when in reality it should be ~155.39 Satoshi.  That mean you're letting away an extra 0.25% per share.  That is basically equivalent to a fee of approx 3.25%.  And it's the same for all per-share difficulty.  Whatever you set it to, the payout is a multiple of the base difficulty.

Do some or all PPS pools have higher than expected fees because of rounding errors?
member
Activity: 102
Merit: 10
June 11, 2013, 09:52:04 AM
I must say that this information is volatile and not relevant for a global pool list.  It is valid and good information to have, and I'm happy to contribute to it, but perhaps we should make a separate post with these details, not try to incorporate this in the main list.

Why not being open and provide all the data so that users are informed? It seems that the data requested will be usefull for the community.

The Mining List already has a lot of data in it - putting in another column means removing another one, and I think they're all useful.

Also, editing the bbcode tables is a hassle. It's easy to break them, and this sort of data is apt to change regularly. It would be better for this data to  be in a separate thread, so that the Mining Pools list is not adversely affected. Plus I don't really have time.

If you want to try your hand at it, I'll be happy to give any advice I can.

Seems like a great idea to have this data in a separate thread. It will be nice also that the pool operators provide it so that the community can benefit from it.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
June 11, 2013, 09:38:22 AM
I must say that this information is volatile and not relevant for a global pool list.  It is valid and good information to have, and I'm happy to contribute to it, but perhaps we should make a separate post with these details, not try to incorporate this in the main list.

Why not being open and provide all the data so that users are informed? It seems that the data requested will be usefull for the community.

The Mining List already has a lot of data in it - putting in another column means removing another one, and I think they're all useful.

Also, editing the bbcode tables is a hassle. It's easy to break them, and this sort of data is apt to change regularly. It would be better for this data to  be in a separate thread, so that the Mining Pools list is not adversely affected. Plus I don't really have time.

If you want to try your hand at it, I'll be happy to give any advice I can.
member
Activity: 102
Merit: 10
June 11, 2013, 09:31:33 AM
I must say that this information is volatile and not relevant for a global pool list.  It is valid and good information to have, and I'm happy to contribute to it, but perhaps we should make a separate post with these details, not try to incorporate this in the main list.

Why not being open and provide all the data so that users are informed? It seems that the data requested will be usefull for the community.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
June 09, 2013, 12:29:55 AM
Updated. Please post any corrections or errors.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
June 02, 2013, 08:08:41 AM
Updated. Please post any corrections or errors.
Just a small update for bitparking. It stopped paying orphans today so the "Pay Orphans" column should be "No".

Fixed - thanks for letting me know.
legendary
Activity: 1078
Merit: 1005
June 02, 2013, 08:06:49 AM
Updated. Please post any corrections or errors.
Just a small update for bitparking. It stopped paying orphans today so the "Pay Orphans" column should be "No".
donator
Activity: 2058
Merit: 1007
Poor impulse control.
June 02, 2013, 07:40:43 AM
Updated. Please post any corrections or errors.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
May 29, 2013, 06:08:07 PM
I must say that this information is volatile and not relevant for a global pool list.  It is valid and good information to have, and I'm happy to contribute to it, but perhaps we should make a separate post with these details, not try to incorporate this in the main list.

That's the idea, a separate list and hopefully stickied. I'm not keen to have anything too changeable in the main mining pools list - bbcode tables are terrible things to edit.
sr. member
Activity: 263
Merit: 250
Pool operator of Triplemining.com
May 29, 2013, 06:05:48 PM
I must say that this information is volatile and not relevant for a global pool list.  It is valid and good information to have, and I'm happy to contribute to it, but perhaps we should make a separate post with these details, not try to incorporate this in the main list.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
May 29, 2013, 05:37:52 PM
Regarding the fee rules thread I think the table should contain the following settings for each pool:
  • bitcoind version - the version they are using to build/validate blocks
  • blockminsize - this is the minimum block size they will create (I assume always zero?)
  • blockmaxsize - this is the maximum block size they will create (default is 250k)
  • blockprioritysize - this is the size dedicated to low priority/fee tx's (default is 27k)
  • mintxfee - the minimum tx fee to include in majority of block (default 0.0005)
  • mintxrelayfee - not sure this is relevent to pools as they already have the tx??
  • Other - any other unique/special features of their tx selection process

Only other thing that would be interesting would be some stats that the pool operators might collect:
Average min priority to be included.
Average fee to be included.
etc...

Everyone agree with this list?

Sounds good, although feedback from pool ops is paramount since we need their input. We'll see how it goes here - if you get no responses I'll post a thread addressed to the pool ops.
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