[ANN] DwarfPool - MEGA WEEKEND-PROMOTION

[SlyWax]

The calc math is roughly correct Id say.

What I see is happening is quite simply LARGE pools "outluck" small pools on block hits.

Think about it like this, if you had 90 people flipping coins on one side as a team and 10 people on the other side and the rule is that whichever side have the highest percentage of heads/tails then the 90 people flipping coins will in the vast majority totally dominate the 10 people flipping coins except if you got constant same difficulty and unlimited time then it will even out but it would take many many years if you ask me.

That is not the reason. The small pool that only has 10 people also only splits the reward 10-way instead of 90-way.

The only reason people join pools is if chance of finding a block is so far into the future that by then the difficulty could drastically change and they could mine for a month and end up with nothing.

However with the HPM I have I could discover 7 blocks/day, I don't really need a pool.

The whole logic of low hashrate pools will even out over time vs high hashrate pools is entirely flawed. This would be valid if we were talking about constant block rewards and constant same difficulty.

The fact that block rewards gets reduce quite often and difficulty fluctuate quite often effectively will keep a low hashing pool at a disadvantage and lower earnings ALLWAYS because it will have much greater variance during difficulty/block reward periods.

Low hashrate pool would need the hand of GOD to assist them if they want to actually reap the same earnings over time which realisticly just wont happen no matter how you try and slice it.

This is unfortunate though, it would be great if all hashrates were balanced among pools for equal chance of getting blocks per difficulty/blockreward period but right now with Memorycoin the competition and interest is too low to sustain a fairly equal split across all the available pools.

You are wrong, the chance is the same, this is the principle and beauty of bitcoin and memorycoin algorithm.
The only difference is the variability is much higher on small pool.
But you get more % out of one block than on big pool.

[bppsp1]

A few posts up I explained exactly what is happening and why probability slowly goes out of the window the higher the concentration of one pool to total network hashrate.

Right now mmc.1gh.com have a near 100% hitrate on all blocks and proportionally this hitrate will reflect higher than the network hashrate percentage of a smaller pool.

[Atrides]

Hmm... I was showing 2800HPM, running 100 machines with 30HPM each showing in client. Now it's showing 1500HPM, that can't be right, I wonder if they switched to another server.

But afterwards you've disabled it manually..

Unfortunatelly you havn't found any blocks during your work, this is because there was only a few capacity at the pool. Our power was never more than 5% from the network hashrate (even with your HPMs), while the other get ca.90% and 10%.
Too high concentration of power at a pool means a negligibly small probability to find a block for the other one.

I'd suggest we three (with "MFH4DrpkfWWfFRvtdu6TJuT4D8txKAKM6b" with his 2K HPMs) try the same HPMs at the same time. The idea is, we'll be able to reach the "one-block-in-one-hour" level.

The system works correctly, I didn't change anything there, but three blocks were found for last hours. If there is a pool with a few capacities you have to look at a whole period of time -a day (with a constant speed!), but not at a stats for two-three hours.

For example, the earning coins of working hours of "MFH4DrpkfWWfFRvtdu6TJuT4D8txKAKM6b" conside with calculator.
But it works only by the same speed the whole day.

[Atrides]

Our pool is back to work with a wealth of experience and energy, fully recovered from malicious attack by hackers during last days!

The recalculation for attacking days is completed, the stolen funds from our users as well as prices are paid in full, please check your account.

As promised, there are the thieves' wallets:

Code: [Select]

MC14AT1AWW7QaiDp8ga86ACmdRcp1W9ySd  1176.9147 MMC
MFcqimrVfL7FsDXKgtY3kxMUjF69LJ9uPb   259.6131 MMC
MVPVaT2BAVZPqhs5aHP7FtCs73hAkkP1Qs   377.5241 MMC
MQpYDudS1hjPGXVNUahamKQuTyrM11u2SX   264.2319 MMC
MWN9khX86cS4UiYQ2ntNxUcNL4puWmLUjp   192.7089 MMC
MHD6FovuhDeDsD8mzDhsj3NedwzPiHVDkL   173.6124 MMC
MQo1MxFTucc8h7i6bf24iXyndnHZTURuJz   216.6176 MMC
MKPQpWvLbFpyxwzo1RkbLWCfTF7HfQwP6Q   108.5172 MMC
MELXrFxDqSAePxHjoE2DNdC3uXYWAouLTZ   105.2789 MMC
MAMetrNp1tK9c1g4VuMhFtp2rMbfuw3xs5   75.6453 MMC
-----------------------------------------------
2950.6641 MMC
These workers were banned before the transaction was successful

Code: [Select]

M973QfKcEHH8emAyCqgjAiA2BUHZzRcfLY
MH5eVwH9PiJZm355BgR5B8SEbutePMcfSu
MBtp2k6hAcHGeTjxr55rF2xFEy9fgGMkPy
MFjJaYsmh7CgZxJarGYbj5HNrzXmkAJjiA
MMXMAWDLUhGj6QTUUX5nCzZozPnPEarh4g
MAW93qUwWuHWhvxrT9rdezj1g5NkVnCQgX
MDoPnoJMETPBhENHVngB62nK2Zaapzckzd
MDgcEPQytW7GQToa8VJ44AKn11PLsvoadg
It was a hard start, thank you for all your support!

From now and untill 24:00 UTC Sunday we have 0% fee ))

[Linolis]

I agree, mistakes happen, and how the pool owner deals with them says the world. If anything, after this whole thing, I trust you even more now Atrides, for making everything right. Thank you.

[MaxPWR]

I am hosting a mine-for-dwarfpool charity race. 

Change your miners to use maxmine.dwarfpool.com and mine for either:

MAXMinevK5EPyw2fditvrzosy9nCTR6pd1
MSmaugxBNHhpHEPJnHEzC9UsJtWyJnJxwH

First to the top of the leaderboards wins.  If Max's Mine wines, the game server may stay up for future promos.

Any funds received will be donated to dwarfpool and held below until game's end:
MDwarfA6kuNhmuWEFcAQRxzqNLpWgVcEbC

[tomorrow]

For quicker recovery,
I would suggest to temporarily set pool fee to 0 and somehow give additional bonus.
 

[Atrides]

MaxGorilla Promo

Dig for Dwarves!

Thank you, Max! I have created game-server "maxmine.dwarfpool.com"

[MaxPWR]

MaxGorilla Promo

Dig for Dwarves!

I have created two vanity addresses that people can set their miners to and "race" them in the dwarfpool leaderboards:

Any funds received will go towards buying more dwarves.

Max's Mine and Smaug.
MAXMinevK5EPyw2fditvrzosy9nCTR6pd1
MSmaugxBNHhpHEPJnHEzC9UsJtWyJnJxwH

Rules:
https://bitsharestalk.org/index.php?topic=2535.msg31615#msg31615

[Atrides]

Security system checked and momentum-module upgraded. Fake shares not possible anymore, fake wallets disconnected,
today's payments made, recalculation for two attacking days will be tomorrow. Thanks for your understanding!

[Atrides]

I wonder if the other pools have the same vulnerability.

No, they are not vulnerable.

they do not have such a vile "enemy". Guess why

[trankil]

thanks for your answer !

[earntodie]

I wonder if the other pools have the same vulnerability.

No, they are not vulnerable.

[bppsp1]

Wow thats quite utterly fked up whoever did that.

I guess there is always someone who tries to game people no matter the harm they cause, sigh.

[Atrides]

Hey guys,

I am terribly sorry for the delay in reply, I have been just working hard on the problem..

Trankil was right
Yesterday along with an unsuccessful DDoS attacks on my servers, there was a powerful attack on the pool protocol. Our users were robbed of 3000 coins.
He sent many fake shares from several accounts (fake-shares bomb), thereby increased a part of his own shares at the expense of other users.

It must have been a person (or two?) who knows exactly about the source code of Memorycoin-wallet, source code of miners, an algorithm of Momentum with Birthday collisions on the lowest level, he found a weak point concerned with check of sheares' valiadation in source code which I based my pool on.

He quite spent a lot for attacking servers to kill our pool. I can only guess who's got the greatest profit from that..

The lying wallets are still operating, they are known but not yet blocked. All these shares won't be credited. I'm working on this.

As soon as I solve it I do public the fake wallets and allot the whole profit to real wallets (autopayment is currently frozen, the stat of "% of round" and "Amount" is currently out).
I also cover the damage from my own funds. The system itself works blameless, Let's try once again!

Thank you

[bppsp1]

The calc math is roughly correct Id say.

What I see is happening is quite simply LARGE pools "outluck" small pools on block hits.

Think about it like this, if you had 90 people flipping coins on one side as a team and 10 people on the other side and the rule is that whichever side have the highest percentage of heads/tails then the 90 people flipping coins will in the vast majority totally dominate the 10 people flipping coins except if you got constant same difficulty and unlimited time then it will even out but it would take many many years if you ask me.

That is not the reason. The small pool that only has 10 people also only splits the reward 10-way instead of 90-way.

The only reason people join pools is if chance of finding a block is so far into the future that by then the difficulty could drastically change and they could mine for a month and end up with nothing.

However with the HPM I have I could discover 7 blocks/day, I don't really need a pool.

The whole logic of low hashrate pools will even out over time vs high hashrate pools is entirely flawed. This would be valid if we were talking about constant block rewards and constant same difficulty.

The fact that block rewards gets reduce quite often and difficulty fluctuate quite often effectively will keep a low hashing pool at a disadvantage and lower earnings ALLWAYS because it will have much greater variance during difficulty/block reward periods.

Low hashrate pool would need the hand of GOD to assist them if they want to actually reap the same earnings over time which realisticly just wont happen no matter how you try and slice it.

This is unfortunate though, it would be great if all hashrates were balanced among pools for equal chance of getting blocks per difficulty/blockreward period but right now with Memorycoin the competition and interest is too low to sustain a fairly equal split across all the available pools.

[trankil]

i think you have a big big problem with your pool

i put 75.33 HPM  on it since yesterday and only  8MMC

look at this http://dwarfpool.com/mmc/address?wallet=MLp3eb64YEs4H27dhLsLv5ViKUV1hLKRBg

with other pools we have 20 to 30 MMC by days

You just got into the bad time when only few blocks have been found. Look at the diagram on the main page.

For example http://dwarfpool.com/mmc/address?wallet=MDp6AbARFnh68S8jURM4T8WBWudY5caMPq
With similar capacity he came to the pool much earlier than you, and he's got the same number of coins during the same period that you.
The number of coins do not depend on the time that you are on the pool, but on founded blocks in that time.
Therefore the pool should be observed for a longer time.

But even now from only a few founded blocks for the last bad 24 hours you've gathered 16-17 coins.

No answer of asenski
ok we will move to an other pool again 

I already answered today "Statistic fixed"
https://bitsharestalk.org/index.php?topic=2419.msg30640#msg30640

what i see its when i come back to an other pool i get 70-80 MMC by day instead of that... so

[bppsp1]

The calc math is roughly correct Id say.

What I see is happening is quite simply LARGE pools "outluck" small pools on block hits.

Think about it like this, if you had 90 people flipping coins on one side as a team and 10 people on the other side and the rule is that whichever side have the highest percentage of heads/tails then the 90 people flipping coins will in the vast majority totally dominate the 10 people flipping coins except if you got constant same difficulty and unlimited time then it will even out but it would take many many years if you ask me.

[Atrides]

i think you have a big big problem with your pool

i put 75.33 HPM  on it since yesterday and only  8MMC

look at this http://dwarfpool.com/mmc/address?wallet=MLp3eb64YEs4H27dhLsLv5ViKUV1hLKRBg

with other pools we have 20 to 30 MMC by days

You just got into the bad time when only few blocks have been found. Look at the diagram on the main page.

For example http://dwarfpool.com/mmc/address?wallet=MDp6AbARFnh68S8jURM4T8WBWudY5caMPq
With similar capacity he came to the pool much earlier than you, and he's got the same number of coins during the same period that you.
The number of coins do not depend on the time that you are on the pool, but on founded blocks in that time.
Therefore the pool should be observed for a longer time.

But even now from only a few founded blocks for the last bad 24 hours you've gathered 16-17 coins.

No answer of asenski
ok we will move to an other pool again 

I already answered today "Statistic fixed"
https://bitsharestalk.org/index.php?topic=2419.msg30640#msg30640

[trankil]

i think you have a big big problem with your pool

i put 75.33 HPM  on it since yesterday and only  8MMC

look at this http://dwarfpool.com/mmc/address?wallet=MLp3eb64YEs4H27dhLsLv5ViKUV1hLKRBg

with other pools we have 20 to 30 MMC by days

No answer of asenski

ok we will move to an other pool again 

[Delinquency]

lol 60HPM gets me 50MMC per 24 hours xD

[trankil]

i think you have a big big problem with your pool

i put 75.33 HPM  on it since yesterday and only  8MMC

look at this http://dwarfpool.com/mmc/address?wallet=MLp3eb64YEs4H27dhLsLv5ViKUV1hLKRBg

with other pools we have 20 to 30 MMC by days

[Atrides]

Statistic fixed, payments made, please check it up. awards will be transfered tomorrow.
From now on payments will be made automatically after every block's confirmation

Thank you all for your patience and trust!

[bppsp1]

Id seriously appreciate getting payouts processed, I daytrade MMC so not having access to my coins in timely manner isn't working out.

[bppsp1]

Any update on payouts and finishing the stats section so it provides accurate info regarding unconfirmed/confirmed/balance etc .?

Also stats is frozen again, recent block not updated under stats etc.

[bppsp1]

I suspended the autopayment and the personal statistic in the table "Shares" because of founded small bug on the personal page.
But the data in the table "Detailed shares" are always correct and actual, these are raw data.
I'll correct it now, renew stat and make first payments manually.
Thank you!

Ok, the worry was just about no stats / earnings updating.

[Atrides]

I suspended the autopayment and the personal statistic in the table "Shares" because of founded small bug on the personal page.
But the data in the table "Detailed shares" are always correct and actual, these are raw data.
I'll correct it now, renew stat and make first payments manually.
Thank you!

[bppsp1]

The personal stats havnt updated for many hours as opposed to the main page block list.

Im guessing when he suspended payouts he somehow ended up also freezing the stats page.

I hope he resolves this quickly, things like this freak me the shit out. ;0

[Atrides]

Autopayments currently disabled because I want to double-triple-check all first shares and transactions manually.

I extend promotion up to 24:00 UTC

[Atrides]

Award for block 8671 again to "MFH4DrpkfWWfFRvtdu6TJuT4D8txKAKM6b" ))

Nevermind, I think I get it - you are showing MORE stats than the other pools, including the blocks we were trying to solve but didn't, which results in "not found".

I'll change the statistic to ordinary one, it will not be seen detailed for each network block.
The status "not found" and other are general for pool, not for individual user.

Do these shares still add up - the not found ones?

Any update on clearing up the stats page with regards to unconfirmed earnings etc. ?
Call me sceptical but I want to first see these changes implemented before I point miners to dwarfpool, cant wait.

Yes, all shares from "not founded" blocks will be calculated to next immatured

[bppsp1]

Award for block 8668 again to "MFH4DrpkfWWfFRvtdu6TJuT4D8txKAKM6b" ))

Any update on clearing up the stats page with regards to unconfirmed earnings etc. ?

Call me sceptical but I want to first see these changes implemented before I point miners to dwarfpool, cant wait.

[Atrides]

Award for block 8668 again to "MFH4DrpkfWWfFRvtdu6TJuT4D8txKAKM6b" ))

[bppsp1]

Yep thanks for clarifying.

[Atrides]

Award for block 8644 to "MP1D4TbLHpQ93S2LQNsXQMwFjhVyGDHLjb"
Award for block 8646 to "MFH4DrpkfWWfFRvtdu6TJuT4D8txKAKM6b"

Atrides could you please respond to my query here : https://bitsharestalk.org/index.php?topic=2290.15

Thanks

I have answered, all earnings will be calculated right.

[bppsp1]

Atrides could you please respond to my query here : https://bitsharestalk.org/index.php?topic=2290.15

Thanks

[Atrides]

Yoopi!
We have found first block during our weekend promotion.
Award of additional 50MMC goes after confirmations to founder: "MFH4DrpkfWWfFRvtdu6TJuT4D8txKAKM6b"

[emre]

tuned in with my small number of cpus.

really liked the  retro design

[stalemate]

no matter a block found or not on your pool, you have to provide earning statistics for each miner. running a pool has some responsibilities and that's one of them - maybe the most crucial one.
currently, we are digging in a dark cave and it is unpleasant.

[Atrides]

To motivate the first miners, there are additional prices 50 MMC for each first 5 founded blocks! ))
Thank you all for your support!

How can we see our earnings on the pool ?

Statistiс comes in a little while.

The Pool is quite young with only a few members, for obvious reasons there is not much on earnings.
Blocks will be only founded with our combined efforts. BUT .. the first block was founded in BETA-period with only own miner capacity.

[stalemate]

How can we see our earnings on the pool ?

[Atrides]

MEGA WEEKEND-PROMOTION

DwarfPool
http://dwarfpool.com/

Promotion:

Switch to DwarfPool this weekend with 0% fee and get special 1.5% fee forever. After that the regular fee will be 2%.

Additional prices 50 MMC for each first 5 founded blocks!

Promotion starting from now and end at 12:00 UTC on monday. Promotion extended up to 24:00 UTC

Requirements:

- Mining at any DwarfPool server.

- Mining not less than 12 hours within this 2 days.

About new pool:

- Anonymous pool, no registration required

- Round based PPS, regular 2% fee

- Autopayouts from 0.5 MMC

- Free choice of 3 server locations worldwide.
Put the other as backup servers or use them at once.
All your shares will be calculated from all servers!

- DDoS protection by different providers.

- Works with all known GPU and CPU memorycoin miners.

- Supported old Getwork and new Stratum protocols.

- Monitoring of your workers.


Autopayments currently disabled because I want to double-triple-check all first shares and transactions manually.