Ive been sticking with bitparking thru their problems.

Right now my mining has been pretty stable yet the 'reward' seems to have dropped thru the floor.  Is this normal for this kind of reward system or do they have a flaw or what?  Did the difficulty just jump an order of magnitude or what?

Aaron

I was looking for the longest time for a pool for those who use pools to mine.
Sorry for the confusion.
Aaron

Yes it's still there.  Customer service is not the greatest and lots of questionable things happening in game but other than that it's still there.

Honestly ive lost interest in it.  Various reasons, no need to get into the drama here but Ill take my money elsewhere.

Aaron

Right now bitparking is going through a bit of a long time to solve a block.  This is bringing up discussion on long block finding times.

What is the longest time you have seen to find a block in your mining history?

Is there some way to search blocks issued .vs. time until found to get this data or would that not work very well?

Thank you

Aaron

The only thing we can do is stick it out.
Honestly I like this methodology or pps the best.

The other pools and the way they divvy out the shares can be very cruel.  Think of this scenario.  You have been crunching this one for 60 hours, then your internet goes out for an hour or power failure, or your system goes down for some reason.  you bring it back up to find that during that hour down time the hash was solved, but since you were gone for more than what is it 15 minutes?  You are considered a 'hopper' and got nothing for those 60 hours of work you put in.  This is the reason I choose PPS, and now, this method of mining.  Ive been burnt many times.

Aaron

You know....  Im beginning to detect a pattern of randomness here 

Aaron

I think you will be better off at a different mining place.  You seem to act like this place is out to rip you off or something.

Why should he NOT charge a fee, running mining pools cost money, bandwidth cost money, hosting cost money.  A run of bad luck costs money.

If he took the money from the other currencies then you would probably cry that he is ripping you off by stealing your other currencies  

Again, if you do not like the fees, you are free to go mine elsewhere.  Or better yet, open your own mining pool, maintain it and run it however you want to.

Aaron

Each different currency has it's own hash rate, it's own difficulty, value, etc etc,  JUST like bitcoin.

When you signed up, IF you put in an address for these different currencies, you will be mining them along with your bitcoin.
If you did not put in an address then you will NOT be mining them.

No worries though simply re register with a different name and then add your wallets for these different currencies.
Then you can take payouts Of them to your respective wallets.

If you do not want to have to search out / download / install/ get working all the different coin type wallets.  You can goto an exchange like vircurex for example and create a wallet there.
The money goes there, and you can do what you want with it then.

Aaron

I like the fact that you can mine other currencies concurrently with your bitcoin mining on Bitparking.  It's like a little extra cash at the end of the month when I combine them and trade them for BTC's

I have used Vircurex to generate wallets for the other currencies that are mineable on Bitparking and have the payments sent there.  I found it just to be so much easier that way, don't have to frick around with all different clients etc etc to work your 'coins'.

Here is a link if you are interested.

 https://vircurex.com/welcome/index?referral_id=263-4573

my Refid is 263-4573 if you wish to use me as a referral.  you should get discounts on your trading there too.

once a month or whenever, I will trade the other currencies I have accumulated for BTC, or play the market with them.  I recently did a deal where I got a bunch of namecoins for 2.5 cent each then recently sold them for 6 cent each.

Of all the pools, Bitparking seemed to have the lowest fees.  The ability to mine other coins was icing on that cake.

I do not know of any other mining pools that allow you to mine 4 different currencies at once.  If there are any, please let me know.


Some people may not care for that.  If that is the case, then you may want to switch to another pool if the fees here seem too high for you.

Aaron

Yes they are down.  Not sure why or what is being done about it.  I got money locked up in there.  Not happy.
Lets see what happens here.   sigh.....

Aaron

That's kind of foolish keeping backups in the same physical building.

What happens if a fire / typhoon / etc were to take out the building?

I wonder if this is a theft attempt or one of our illustrious governments trying to intervene.

Interesting that it is only happening here.  How many other 'casino's are hosted in costa rica and are they having the same type issues?

It seems to me the host should have known / asked these kinds of questions before, or Di should have made sure the knew and didn't just
Ok Go Daddy, that sounds wonderful!!!  Ill take your shitty package, your commercials are funny too etc  :x

Time will tell.

I just tried sending that .09 btc again and now the fee is down to .024 for sending them.  Maybe in 6 months it will be reasonable, or if I somehow luck into 20 btc i can throw on top of it and then that would cancel the fee then?

Aaron

So do you two have a wallet with these companies holding it for you and you access it thru their site, or running one on your own machine?

Aaron

Good Day everyone:

There are many sites out there offering what they call 'Free BTM' for clicking ads or whatever task they have you do.
There is nothing wrong with this, it can be fun, it is legit, however there is something you need to be aware of.

Whenever you send Bitcoin; there is a FEE attached to the transaction.  The formula for determining this fee can get complicated, but nonetheless, there is a FEE.

The number of transactions you have accumulated receiving all these 'free' bit coins will ADD to this FEE.

Let's say you spent 4 months clicking hundreds if not thousands of times on this add that add, whatever.
Let's say you finally accumulated 90 Mbtc ( 0.090 ) BTC.
Let's say you accumulated this money over a span of 400 incoming transactions to your 'wallet'.

Now you want to send / spend that money somewhere so you go to send that 90 Mbtc off somewhere.

SURPRISE SURPRISE.

Now you find that to send that 90 mBTC you will need to pay a FEE of  25.5 mBTC because of the 'size' of the transaction, because of all those tiny inputs to your wallet.
NO, I did NOT mis read the fee,  it is correct.  Over 28 percent fee to use that money you earned.

If you wait a while... weeks.... months... the fee may go down a bit because of the 'age' of the money raises its priority in the system.

If you actually FUND your wallet with BTC derived from another source, say you converted Yen to BTC and put 50 BTC in your wallet, then yes; that fee is insignificant.
However if you are an individual that can easily fund your wallet with 50 BTC then chances are you are not wasting hours and hours of time clicking for micro btc inputs to begin with.

It is what it is, I am just giving you foresight right now that, if you are an individual who is clicking the sites for the little bits they hand out, you might be in for a real eye opener when you actually go to use that money you accumulated. 

I am going to let this run a bit, I am going to stop accepting inputs to this wallet, and see if the fee goes down and how much over how long.

Aaron.

Ok here's a bit of a test.

I have one wallet that has been receiving a lot of 'micro payments'.   From these get paid to click sites.

currently it has  93mBTC in it collected over 402 transactions.   that would be 0.0930 BTC  collected over a period of about 4 months.

If I try to send 0.090 BTC somewhere I am asked to pay a fee of 0.0255 BTC to do so.  NO I did NOT mis read the number.

That is a transaction fee of over 28 percent of the amount!!  I don't mind supporting the system but this is a  bit insane of a transaction fee. 

If this is the way the system really is then perhaps the 'community' should dissuade all these micro / sub micro click here sites from their attempts to grab their tiny part of the market because in the long run, the only ones getting any real money will be the miners at these rates.  If not then are you saying then if I wait long enough, this fee will eventually waive itself down to zero?   How long is long, weeks, months???
or am I just stuck and paying a BIG fee?

Thank you for your inputs.

Aaron

I was just curious on it, and its 7 cents and ill pay it.

I was just under the impression that once you hit a btc or so it's free.

so once I spend all those tiny ones, I won't get hit again on it because they are now condnsed into just the 'one' big transaction right?

Aaron

I am running 64 bit though so it should have worked.
I reverted back to the earlier version and its mining again.  Ill just use a different pool than slushes.

Thank you for your help.

Aaron

Im trying to send a transaction to ONE address of about 2 btc.  I am being told that my transaction exceeds the size limit and do I want to pay extra to send it?
What is causing this?  I though you were over 1 btc roughly that there were no fees?

Thank you for your help.
Aaron

Let me try to address the original post.

I am running 570's which are about the same as your cards.  You can tweak the speed and memory speed up a bit and see how stable your cards run.   I have found that some 'pools' run ok with this, others run badly.

Make sure you use your Nvidia control program to control the fan speed and do yourself and cards a favor and just set it up high.  Yes it will be a bit noisy but you want to make sure your cards are cooled.

On thing you NEED to be aware of,  if the miner crashes, the card probably WILL recover and you will most likely NOT get a blue screen but, the fans get dumped to minimum speed.  Do make sure you set them BACK to high speed.  Once the driver gets 'thumped' like this it may not control the card fan correctly and you can find yourself mining at around 85 to 90 C   NOT a good thing.

If you are running multiple cards, a bad event on one card may or may not affect the other but I have seen where both sets of fans got turned down during a 'recovery' so monitor your miner carefully for a few hours after you have done your tweaking to ensure stability before you head to bed for the night.

Aaron

I kept getting an OpenGL name not defined error.  I tried uninstall / reinstall and it kept giving me the same error.  I had to revert back to the older version which is running.

Any ideas?

Thank you
Aaron