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NinjaCoin.com (https://www.ninjacoin.com) – PPS Mining Pool

We have just launched NinjaCoin.com (https://www.ninjacoin.com) in Beta and would love for you to come and take a look.

Pool Features:

• PPS – No waiting for blocks to solve
• Live account statistics – see your workers in real time.
• Custom Pushpool frontend built from scratch.
• Long Polling – our stales are at a mere 0.019% so far.
• Daily automated payouts.
• Payouts to 8 decimal places.
• Low PPS fee at just 3%.
• SSL encrypted site.
• Hosted at Rackspace in the US.
• Guide (https://www.ninjacoin.com/guides.php?guide=1) on how to connect using popular miners.

 
We are going to be constantly adding new features, let us know exactly what you would like to see.

If you are a designer that would like to help out with the design, please email asher@ninjacoin.com (http://mailto:asher@ninjacoin.com) (We need your help :D)

Sign Up Now (https://www.ninjacoin.com/signup.php) and come and visit us (asher^ and SomeoneWeird) at #NinjaCoin on FreeNode.

Connect to mine.ninjacoin.com:8332

Note: We keep Australian (+8:00 to +10:00) hours, so if we aren’t around when you need us, leave us a message!

Looks pretty good.

Thanks... the design leaves something to be desired but the coding is top notch (I promise!). We aim to provide a really solid service. Please let us know what features you would most like to see added (we already have a bunch planned) and give us a shot!

I've been mining for 10 minutes, shares are being accepted but they aren't showing up on the site. My hashrate is increasing though.  ???

It doesn't need to be all fancy mate, looks good, just added 6 GPU's for now and will see how it goes, stale rate looks really good, where is the payout button though ??

The shares update every 10 minutes. I should mention that on the page. Thanks!
All the worker stats are live though on each page refresh :)

They're showing up now.  ;D

At the moment we are doing automatic daily payments. We are adding manual payments soon. We wanted to get the pool up as soon as we had a solid, stable product so people can use it, we are going to add loads of features as we move forward. If there are other things you want, let us know in this thread, on our own forum (every miner gets an account set up automatically) or by email.

How exactly are you funding a pure PPS at 3% rate?  If you get one long block you'll go bankrupt.  What is your BTC reserve to cover unlucky streaks?

I have a fairly decent amount of BTC saved up, and regular currency savings I can dip into if it ever came to that. We wouldn't have started this pool if we weren't prepared for the risks involved. We are also going to be adding score based mining soon which will mitigate the risk somewhat.

From a miner's perspective, we pay out daily, so there is little risk for them. If it ever got anywhere near being close to a problem then we would certainly let our miners know.

That being said, remember we have just launched! As we go along we will have a clearer picture of costs and revenues and we may change what we charge, although we will certainly try not to increase the fees!

Can you make the minimum payment threshold a little lower? Something like 0.1 maybe?

We can do that. I will get it done before the next payment goes out.  :)

Done - Minimum is now 0.1.

Interesting pool, btw the "lowest PPS fee" listing is wrong since BTCpool24 is offering 0% PPS.

Just something to take note of :)

Noted Clipse, thanks. I hadn't heard of them before.

Getting a lot of stales guys. Around 60 out of 1282 which is ~4.6%.  :(

Dam, you shouldn't be. Can you jump on webchat so we can talk?

If you pay out 20 decimal places per share, how does your accounting work if you can only get paid 8 decimal places of BTC?  Are you rounding up or down?

It rounds down to 8DP for a payout. If you look at the amounts involved its entirely insignificant. Based on a price of $13.50 per BTC you can lose a max of less than $0.000000135. If amount is an issue to you, I can modify the script to carry over the balance for >8DP :)

We are currently having an issue with long polling. In response to this I am going to give credit for every stale earned before it is resolved. I will fix it after work today then  credit everyone's balances for every stale.

Yeah my stale rate has jumped up a bit :(

Yeah, sorry, it's being looked into, meanwhile I suggest you use cgminer, it detects new blocks even before longpolls :)

And just so everyone can see again. You are being paid for invalid shares aswell until we get this sorted.

--edit--

Only paying for stale shares, sorry.

Guess that little dropout there was to fix the issue ? .. stales seem to be back where they were .. as in good again or even less ;) ..

Yeah sorry, I fixed the issue but it wouldn't take till restart. Everything should be working now :)

Seem to be creeping up again ...

Can you jump on chat?

The longpoll issue is fixed and the backpayment for stales will be done for tomorrows payout. We are noticing that certain mining software is getting a lot more stale shares than others, and we are working on getting solid stats for this at the moment.

Our first payout has been made!

Bump!! Come on guys! Get paid with NO VARIANCE for every valid share you submit! Up to 25gh/s now!