Post
Topic
Board Pools
Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
by
flound1129
on 19/06/2014, 07:07:56 UTC
Here are the times and share totals for our last 11 payouts.  I am not including the first payout because there are some cex.io shares in there.

+------------+------------+
| time       | diff       |  hashrate
+------------+------------+
| 1402976440 | 4994809796 |  232TH
| 1402884360 | 1001667156 |  213TH
| 1402864221 |  816766904 |  151TH
| 1402841060 | 5430841828 |  256TH
| 1402750091 | 1868165592 |  222TH
| 1402714003 |  786003908 |   191TH
| 1402696412 |  596053444 |   144TH
| 1402678654 | 1687252668 |  165TH
| 1402634828 | 4918289664 |  232TH
| 1402544157 | 1333388092 |  179TH
| 1402512186 | 5877865492 |  283TH

I calculate an average hashrate of 217TH.


Using the difficulties for each day and the sum of work difficulties, I get  submitted/expected= 2.493172.

This has an upper tail probability of 0.08264739, meaning that once out of every 12 reruns of those eleven days you'd see multipool have this level of luck. Not very unlucky.

2.5*diff shares per round happens multiple times per day for many different pools (well, those that solve multiple blocks per day, anyway), so it shouldn't surprise us when a particular miner submits work equivalent to 2.5*network difficulty and only solves on block.

Sorry, Entropy-uc, I'm not seeing a problem here. There might be a problem but statistically there's nothing unusual going on. If submitted/expected reach 7.0 (one in a thousand) or 8.0 (one in three thousand), I'd start to worry.


That's nice for you.  If I wait for that level of proof I'm out enough money to buy a luxury car, or a small house.

Flound can't even vouch for who his users are.

Are you suggesting DrHaribo or any public pool operator knows every user that hashes on his pool?  How exactly would you propose I 'vouch for' 1000 different users?  You ask for the impossible.

Your numbers say that 92% of the time a honest contributor would not have performed so poorly.  That's is enough reason to freeze payments until more information is available.

No it isn't.  And the second that happens we're gone.

So how can he attest that they aren't using defective gear, or intentionally withholding?

I can attest to that because we spend about 25-30% of the time mining other currencies and find blocks just fine and at a statistically normal rate.  It would be quite an elaborate scheme for someone to create hundreds of user accounts and configure them to do what you're suggesting.

I suspect you've either got paranoia issues, or you're just trying to justify to yourself moving to some other pool with lower payout variance.  I don't blame you, if I spent a million on hardware I'd think about doing the same thing every time the pool I was using had an unlucky streak.  But there's no need for you to involve me in it.

Biitminter is struggling enough to grow as it is, I know if I was a new user considering using this pool and came into this thread and read the last few pages, I probably wouldn't be putting my hash here.  You people are vicious.