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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 12/03/2014, 07:53:46 UTC
Its great to see the pool looking stable way over the 900TH mark and cracking blocks like a trooper.
I'm glad to see that my 800TH theory has been dispelled and I'm sure the investment in a bigger wheel for the mice will pay off..
Onward to a 1000
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Re: Whining about Slush
by
binja9
on 12/03/2014, 07:34:18 UTC
The first reaction to your original posting, just next to it, was this KNK's very good insight, with an advice to check your side first. You did not. That's all. Nothing more to be added.

For what it is worth I totally missed that post. Either way seeing that or from my brief exchange with Slush support the root cause was found by me, and I did contrary to what you believe. Deal with it or continue to be a dick. Nothing more to be added.

You have completely messed up the quotations in your post above. "Your" text is mine and the "mine" one is yours.

The root cause has been found by both KNK and by Slush, not by you. Instead of you. That's the problem you haven't admitted.
I'm only writing about what had been written here, nothing of it depeds on my "belief". Others can see who is the dick.

I was initially attempting to drop a compliment about the pool, totally missed KNK's post, and you started out as and continue to be a dick. Not a typical dick, one of those little gumdrop dicks. "Instead of you" I remain as before.

And where is this manual of everything everyone here is supposed to know you seem to profess to have memorized? Why don't I have my copy?

There are two types of people here; a extremely helpful and enthusiastic group, and those that cop a 'tude and shoot down others randomly like your wife/girlfriend/right hand cut you off for a month. Which group do you belong in? Yeah, I thought so.

Absolutely agree with the sentiment.

I believe that if you have to resort to insulting someone personally then you lose the argument, credibility and respect.
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 08/03/2014, 16:18:33 UTC
Finally triple triple luck again  Grin

Can the pool break the 900TH barrier and still have the luck -  lets hope the backroom tweakery has worked...
Looks to have baulked at the 860 mark...

All think good thoughts....
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 07/03/2014, 13:02:07 UTC
I do not mine though as i have moved on. Tongue

You'll come back - they always do Smiley

They seem to.

Q -  The figure in "Your Shares"  is it the actual contributal share for the round or my total shares for the round

ta
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 02/03/2014, 16:31:48 UTC
Thanks for that - good explanation with solid math.
My following query would be - if 2 blocks are found "at the same time" - how is the block owner\solver determined?
If its exact time as suggested earlier then why would 2 miners think they had solved it ?
If you look at a blockchain record, you will see that there are two time stamps: the time the block was found, as recorded by the finder, and the time it was reported to the blockchain, which is the one that counts (but see the next paragraph).  When a block is solved by two miners almost simultaneously, it can (and does) happen that the first finder loses out through being too slow in reporting their success, which may be caused by their own internal issues or by a delay in the internet.  It appears to happen to most pools sooner or later.  Since everybody will continue to work on a block until the new find has been logged and propagated across the network, occasional duplicates are inevitable.

There is a rare complication: if the miner who loses the race happens to solve and report a second block before the first result has been propagated, his blocks will form the new chain by having the longer fork, and the poor sod who got there first loses out.  This could happen by accident; if intentional - which is theoretically possible - it's called "selfish mining".

Brilliant - thanks for the clear explanation
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 02/03/2014, 14:38:14 UTC
My understanding is that when two pools find the 'same' block, they are actually finding different hashes that meet the difficulty requirement (please correct me if I am wrong). In this case, given that the network difficulty makes this so that the expected block length is ten minutes, and invalid blocks are not that common (IIRC, we have seen two in the last month or so), I am quite surprised that there should be such a 'collision' on a two-second block - surely the odds of this happening would be vanishingly small, unless there is something intrinsic that makes the difficulty on certain blocks much lower than it should be.

Not only different hashes; each pool assembles its own block from the available transactions in the transaction pool according to its rules. So the "same" block can potentially differ between the two pools in the sense it contains different transactions.

The last idea is quite interesting. Can someone have enough will and power to check it? :-)
[edit] I'd sure not say vanishingly, but the chance is of course smaller for two pools at once than it is for one pool.

I would have thought that the probability of two people finding a sub 2-second block, at the same time would be the probability of one finding it, squared.
Assuming the block difficulty is correct, at the moment, we are on block 288579. 
I don't know how many 2 -second blocks there have been so to make the numbers easier, lets guess at around 300, which makes the odds of a given block being less than 2 seconds around 1 in 1000, or 0.001.
From the statistics on blockchain.info, it looks like there are around 2.5 orphaned blocks per day. The total number of blocks each day is tuned to be 144 (one every ten minutes), so dividing this by 2.5 gives around 60, or a 1 in 60 chance of there being such a collision on a given block.
if my maths is right, this means there is a a 1 in 1000 chance of each participant hitting a 2 second block, so multiply these together to get 1 in 1000000, and there is a 1 in 60 chance of there being a collision in this way, so the odds of this happening would be roughly 1 in sixty million. To put this in perspective, you have a 1 in 600000 chance of being struck by lightning, and this would appear to be some 100 times less likely!

Now, further up there, I made an assumption - that the block difficulty is 'correct'. As I understand it, the block difficulty essentially defines how many leading zeroes must be in a block's hash for it to be considered 'solved'. For example, the last block (found by us!) had a hash of 0000000000000000d69d39dbe4e025909fc30b4be52abfaccfec9315c497ac6c, the digits after the leading zeroes are irrelevant (which is what leads to block collisions in the first place, as two hashes can be found with the same number of leading zeroes).
The block itself is composed of the newly found hash, the hash from the previous block, the block number, difficulty and time, the pool's address, and all the transactions in that block (this is a simplified description), so my question is this - since the odds of two pools finding a 2 second block at the same time is so low (and I stick by 'vanishingly small' as a good description), is it possible that some blocks have more 'solutions' than are statistically expected - in other words, for some blocks, are there more solutions than expected with that number of leading zeroes?
For example, the hash above has 16 leading zeroes, in binary this is 128 leading zeroes, so if my understanding is correct, the odds of getting this out of any random hash would be 2^128.
Any thoughts?


Thanks for that - good explanation with solid math.
My following query would be - if 2 blocks are found "at the same time" - how is the block owner\solver determined?
If its exact time as suggested earlier then why would 2 miners think they had solved it ?
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 27/02/2014, 19:35:24 UTC
I wonder if Slush had bitcoins tied up in Mt.Gox possibly?....im just looking for excuses now lol...but it is possible...other pools arent having as bad of "luck" as Slush...I've been with slush for awhile now and he has always fixed stuff quick, but this is the first time i hopped ship. Maybe slush got hit by that flaw of the missing coins as well? along with gox and other sites...weird stuff.


good grief...
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 27/02/2014, 13:38:56 UTC
am sure Slush is smart enough to figure it out when and what to do, when he has much more insight on the load than us - that's why i don't buy the conclusion of pool hashrate being a limiting factor.

I absolutely agree. Pool hashrate doesn't correlate with "luck", er shares/difficulty.


I wouldn't look now but the somebody has just shot a whole herd of miners - 700TH  Huh??
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 27/02/2014, 11:49:03 UTC
I'm also afraid to tell you that 'luck' does not exist - you can calculate probability but not luck (unless someone could post the calculation for the likelihood of luck existing)...

'Luck' exists, silly! If you earned more than expected, you've had good 'luck'. If you earned less than expected, you had bad 'luck'.


Of course luck doesn't exist it is a convenient word to cover bad judgement, calculations or events we choose not to understand or have control of.

If you expect to earn  X and you earn Y then a force has acted upon X to move its value to Y - an event, not luck.
Either way your expectation/calculation was wrong.


That calls for an "Argh".  You seem to have some math knowledge, but then you confound "expectation" in a mathematical sense, with "expectation" in some other sense.

Your expected income per difficulty 1 share is (Bitcoin reward per block) / (network difficulty). If you earn more than this per share, you've had good luck. Less than this is bad luck.

No confusion - Expectation has to be based on some form of calculation applied to factors that you know or think you know.

As per my previous statement - luck is a convenient word to cover bad judgement, bad calculations or events we choose not to understand or have control of. Which is Bitcoin luck do you think.
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 27/02/2014, 10:14:40 UTC
One certainty is that as the pool grows then so does the traffic into servers and it doesn't matter how much hashing goes on, it has to get to a server and 800-825TH seems to be the current 'lucky' number range.

No, the traffic problem is what vardiff solves.
True, but binja9 is also right - vardiff solves the problem for a single miner and his hashrate, but more miners means more traffic.
If a single miner points more of his equipment at Slush, the pool will change his vardiff and the traffic and server load will remain the same.
If 1000 miners point 1Gh at the pool they will increase the traffic and the server load for just 1Th increase.

Still the pool hashrate is not related to the load it takes to serve it.

I am sure in such cases Slush just starts an additional stratum back-end (or adds a CPU to the virtual server instance) to take the load. With getwork the load was many times more than with stratum, so we are far from the limit. I also have a reason to believe that most of the processing is done in the startum back end servers, so adding another one scales almost linearly.

Thanks for that clarity - well put

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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 27/02/2014, 10:05:34 UTC
I'm also afraid to tell you that 'luck' does not exist - you can calculate probability but not luck (unless someone could post the calculation for the likelihood of luck existing)...

'Luck' exists, silly! If you earned more than expected, you've had good 'luck'. If you earned less than expected, you had bad 'luck'.

One certainty is that as the pool grows then so does the traffic into servers and it doesn't matter how much hashing goes on, it has to get to a server and 800-825TH seems to be the current 'lucky' number range.

No, the traffic problem is what vardiff solves.

Of course luck doesn't exist it is a convenient word to cover bad judgement, calculations or events we choose not to understand or have control of.

If you expect to earn  X and you earn Y then a force has acted upon X to move its value to Y - an event, not luck.
Either way your expectation/calculation was wrong.

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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 27/02/2014, 07:30:41 UTC
Unfortunately there is no relation between the pool size and the luck in the direction you want. It's the opposite ...
When the luck increases - more people are joining, but then it should go down to compensate it and it look like the higher hashrate is causing the bad luck, but it is not. If no new miners join the pool a 12h block will actually take 13h

Why 'unfortunately'? Because if it was true, then a solo miner with CPU, would have much more luck and much bigger reward, then no one would need to join a pool at all.


I'm also afraid to tell you that 'luck' does not exist - you can calculate probability but not luck (unless someone could post the calculation for the likelihood of luck existing)...

One certainty is that as the pool grows then so does the traffic into servers and it doesn't matter how much hashing goes on, it has to get to a server and 800-825TH seems to be the current 'lucky' number range.
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 26/02/2014, 20:01:27 UTC
I've made more on the current difficulty with BTC Guild than I did with Slush at the last difficulty. And that's with 2 days left till the next increase.

For me, the last 30 days on Slush have been the worst in almost 12 months of mining.

Hey there everone. How's it going. Sure seems like a lot of people like coming to this forum to complain yet say they are on other pools. Ok good for you - go back to your other pool and leave us alone. Most of us have tried and are still on other pools to some extent but we remain here, why.

Better payouts over time. Right now my BTC is better than Slush but on average can't compare the two since BTC has a very low payout.

And for those a little bigger why stay here, because you are a big boy here and when blocks are found get a good reward but on other pools you are just a little guy with little payouts.

My opinion. Gets so old all the complaining going on here - who cares!
+1

Agree wholeheartedly - please take your Bitcoin moaning hardware elsewhere.
That'll take the pool down to a managable level of around 8-825TH and we can watch the 'luck' go up.
Adios, dont hurry back - luv ya....

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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 25/02/2014, 07:52:19 UTC
I love captcha when every person in the room can't make it out after 3 refreshes. They've not only eliminated bots but everyone from getting access.  Mission accomplished.

Okay, yes, screw that. I'm really more worried about this fifteen hour block. Twilight of the gods? Are we seeing the end of amateur mining, or just really really bad luck?



As soon as the pool goes over the 800TH mark "luck" goes down .? I'll keep saying it till we have luck over the 900Th.
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 23/02/2014, 08:25:07 UTC
Apparently the 800 threshold has no baring judging by today. Possibly the red bold font was the fix required. From posts the S1 appears to be the current weapon of choice for the more pedestrian non-100 Th/s ruler of BTC types.

The only way to solve anything is to get it out in the open and to talk about it - 800TH was my 'elephant in the room'.

The only dilema now is have I tempted fate by talking about it....?

I would agree the S1 is popular. cheaper, more reliable and quieter than my BFLs -  a bit thirsty though -
Although reading the above, could be my PSU

I shall refrain from writing in RED bold text in future as some of the estrogen filled old bulls seem to charge for it...
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 22/02/2014, 23:40:43 UTC
I could become quite insufferable if I'm not careful...
We're almost at 800. Let's wait and see what happens.  Grin

If it comes to that we're fortunate enough to have the infamous "ignore" option but you; well your just going to have to live with yourself.  Grin
If it comes to that I'll hit the button myself and hope i go away..
We are getting dangerously close to a the 800TH mark again and nearly 8hrs
- somebody sacrifice a 10 - 15 TH farm for the sake of the rest of us  - ya know it makes sense...


there is a reason posts arent in colors and it aint cuz no one knows how to do it.

IS it so people who cant say what they
mean get chance to write a snide post?

or maybe we dont use colors to purposely annoy others. but that is what newbz do

You need to get over yourself - having posts deleted because you don't like a font colour - seriously...
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 21/02/2014, 20:46:52 UTC
I could become quite insufferable if I'm not careful...
We're almost at 800. Let's wait and see what happens.  Grin

If it comes to that we're fortunate enough to have the infamous "ignore" option but you; well your just going to have to live with yourself.  Grin
If it comes to that I'll hit the button myself and hope i go away..
We are getting dangerously close to a the 800TH mark again and nearly 8hrs
- somebody sacrifice a 10 - 15 TH farm for the sake of the rest of us  - ya know it makes sense...


You have your wish.

Is 200TH enough?

"Genie in the pipes"
I think 200TH is far too generous - just a small herd will do...
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 21/02/2014, 19:54:35 UTC
I could become quite insufferable if I'm not careful...
We're almost at 800. Let's wait and see what happens.  Grin

If it comes to that we're fortunate enough to have the infamous "ignore" option but you; well your just going to have to live with yourself.  Grin
If it comes to that I'll hit the button myself and hope i go away..
We are getting dangerously close to a the 800TH mark again and nearly 8hrs
- somebody sacrifice a 10 - 15 TH farm for the sake of the rest of us  - ya know it makes sense...
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 21/02/2014, 15:22:28 UTC
As Long a we don't go too far over the 800TH we should be fine -
 All eat garlic and blow the Hoppers away...
I really should have listened at school so I could come up with a fancy calculation but hey I didn't and I'm still right
I could become quite insufferable if I'm not careful...
We're almost at 800. Let's wait and see what happens.  Grin
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Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
binja9
on 21/02/2014, 06:29:28 UTC
You get the chance to roll again - not being smug or anything but 800TH max - no fancy calculations or theories - you just have to have been here a little  - now to find the low point - my moneys on 740TH - just a guess -y'all have a great day mining
I shall now predict the next lottery result and the date of the second coming.
What about 'next round in 3h 15min prediction' Tongue

EDIT: Folowed by sub 1h round
Close - 3h 23min
Any takers for the next one?
And a 36min one ... what did I won?