Bitcoin Forum

https://btccan.com/images/btccanadabanner.png (https://btccan.com)

Hello miners, I'd like to introduce myself and announce my brand new Bitcoin mining pool - BTC Canada (https://btccan.com)!

As our pool is very new (official launch was Wednesday, 08/08/2012), we are currently looking for early adopters to help us build our processing power and userbase. Our first users will also have early access beta features as we add them!

Some examples of features in the pipeline:

• Merged mining (Namecoin)
• Custom BTC Canada miner/miner configs
• Instant BTC crediting
• Extended notifications

Pool info:

• Canada/US based hosting - very low latency for North American miners
• User accounts protected by secure connection (SSL/HTTPS)
• User passwords/pins are all hashed and salted before being sent over HTTPS to the database
• Service fee of 1.5% for Bitcoins, 0% for Namecoins (when implemented)
• Users can choose between automatic or manual payouts
• Pool support multiple miners (workers) per account
• Pool supports long polling requests and simple JSON API for retrieving current balance and other stats
• Pool uses the PPLNS reward structure - benefitting those who are unable to mine consistently, while discouraging pool hoppers

How can you join us?
     1. Register here: https://btccan.com/register.php (https://btccan.com/register.php)
     2. Create worker(s)
     3. Configure your mining application to point to our server - examples: https://btccan.com/gettingstarted.php (https://btccan.com/gettingstarted.php)
     4. Start mining!

Thanks a lot for your support! With your help, we can grow BTC Canada into Canada's premiere Bitcoin mining pool.

Your register link is returning a blank page for me at the moment. ( firefox ) 

This has been fixed - there was a typo in the code. Thanks for the heads up, Portnoy!

There were a few good prop pool in Canada back in the day...  Good luck!

Registered, but I feel lots of affinity for my MtRed pool, with its 0 fees.... I'll try it out for a bit. I'll send the hashes from my 7770 to you, but keep the rest on MtRed for now. Lets see what BTCcan can do!

Thank you to everyone who has joined so far - we're now up to 2 GHash/s with 12 registered users! Just a few more active users and we'll get the time to block discovery below a week :).

How does your site calculate hashrate?

It adds all users' hashrates together. This value is cached, however, so it will take several minutes for global changes to appear.

No I mean how do you calculate individual hashrate? What is the time length you use?

We calculate your hash from the last 10 minutes of accepted shares, and use a cached value which expires every 30 seconds. As for your historic data, we use 30 minute polling for archiving.

Do you even have any miners yourself running to keep the Pool viable? We're dipping below 1 Gh, and it appears people are abandoning.

I'm just puttering along on the pool with my test miner right now.. If the fee was lower as I would expect for a new/growing pool I might point more workers to the pool.

I agree, Digigami. The 3.5 % is very offputting with a new pool. I have a feeling you and I are the only ones mining with this place with any reasonable hashes.

Yeah I'm always interested in helping new pools get off the ground with my 5+ Gh/sec.. I can handle some variance so small pools are always a bit of fun for me. But, when I'm currently mining on a 0 fee PPLNS pool with steady blocks it's hard to commit to a switch.

BTCCAN, would you consider an introductory zero or more competitive fee to attract some initial power to the pool? Once you have an established user base, factors such as consistant uptime, website and pool features, and other perks certainly make paying reasonable fees more acceptable in my opinion.

I understand your concerns, and I would be willing to offer a lower introductory fee for early adopters. I will be dropping the fee to 1.5% for now and until the pool is self-sustaining (~1 block found per day).

Thanks for opting to adjust your fee! :)

I'm going to throw more power at this pool now.. I'm getting better performance connecting to your pool than any others I have tried recently as far as stales and get fails.. Let's see how it scales? :D

If the pool gains a bit more hashrate I might point another .5GH/s here, I like small pools, when they finally find a block I make a lot at once, its more fun waiting for it ;D

Well now that Digi brought his hashes, we're at about 7.5 Gh/s

Oh what the hell I'll join in. Digi I'm going on a 10 day camping trip starting tomorrow, if I come back and I'm the only one mining I will be mad!

No worries, I'm not planning on going anywhere :)

BTC Canada's combined computing strength is now over 50 MHash/s! A big thank you to to everyone who has joined so far!

Power's out where I am, so my meagre 500 Mhash/s is out of the game for now.

Since this is pplns pool you will eventually earn nothing due to being disconnected, just remember that.

100 GHash/s now! jddebug is bringing out the big guns. 28 hours per block!

That happens with every pool.

Haha you think I'm happy about this?

Nope, only on DGM(with really low tolerance settings), PPLNS and scorebased pools could you end up with 0 earnings for no matter how many shares you submitted if you disconnect for long enough.

Prop, PPS, SMPPS dont care if you disconnect, you still earn what you should.



Not at all, just figured Id inform you in case you didnt know, heh.

The only people who are particularly affected are pool hoppers. For most people, PPLNS offers the most fair rewards.

Oh no, I was just informing purelithium about the side effects of quitting midround. Im not judging PPLNS for those who have no hardware issues, sure its fair if you actually dont drop like he has.

The issue is that there's no way of knowing when "mid-round" is. Disconnecting is just as likely to land you in the end-round, when your earnings/share are higher than usual, as the start-round, when your earnings are 0.

The net effect is that disconnecting won't affect your payout.

You blew my mind with that logic, let me come back to earth.

If I stay connected on PPLNS I will be assured of never being penalised and if I disconnect at any time there is a high likelihood of getting penalised and even dropped to zero rewards, since you stated that you dont know when the block will be found which is true but doesnt avoid the fact that you still need to be assured that within xshares after you drop the block is found otherwise you lose some or all mined rewards.

If you stay connected or drop from prop/pps/smpps(and I guess there is a few others) you will never be penalised down to 0 rewards no matter what.

The net effect is that PPLNS disconnecting will drop your rewards or remove all of them.

If you still cant see the difference of the knock on effect then I just dont know. ;)

* Im not going to continue this discussion in this thread, I initially just wanted to give purelithium advise without a shitstorm to come from this *

All good points.. important to note this pool; as far as the website front page states, calculates the round shares over 1/2 difficulty shares.. so over 1 million shares per round at current difficulty. If you've disconnected long enough for that many shares to go by without contributing, then I think you would deserve to have lost your contribution. Anyone mining who is only running for part of the day or suffers from instability and lots of down time should probably just use a PPS pool.

I have been mining for over a year and I still can't see a consensus in regard to the question of what is the best type of pool for someone who mines only during the day and shuts their computer off at night. 

Some people are adamant that PPLNS is the best for that type of user while there are others who feel, like above, that PPS is the best.  Lol 

Is your page accurate in that you have found no blocks? The last 5 blocks statistic is empty.

Yes. This pool was first opened to the public on August 8th, and has only recently grown above 100 GHash/s.

Hello everyone, I sent this in an email to all registered users, but though I'd post it here too to be sure:

Hello BTC Canada miners,

As some of you may have noticed, the "Round Shares" and "Top 30 Lifetime Shares" fields on the BTC Canada stats page have been showing incorrect values for the past couple days. This was found to be due to insufficient memory in the cache. As the stats engine simply takes snapshots of the backend and caches them, there has been absolutely no impact to your recorded shares or eventual payout, and any work you submitted after this error had occurred has been successfully recorded. The cache issue has since been fixed, and your stats page will now be displaying correct values.

If you have any other issues, comments, or questions regarding BTC Canada, please contact me at contact@btccan.com. I apologize for any inconvenience you may have experienced due to this issue, and hope you'll continue to help make this one of North America's premier Bitcoin mining pools!

Regards,

Logan
BTC Canda

Hey look a block!

Link no workie.... was this a pump and dump?

http://en.wikipedia.org/wiki/Pump_and_dump I'd say not
more likely the operator found running a pool wasn't as easy as 1st thought and lost interest, this happens a lot, sometimes the operator closes down properly sometimes they just wander off. Judging by the lack of screams from unpaid miners I guess this one did the right thing.

Too bad this is dead. I like the idea of not filling international pipelines with mining data. Seems pointless to mine for a foreign server when local is just as good.