Bitcoin Forum

Hi there

I am currently developing some mining pool frontend, and I need some help from you guys right now!
I would like to test the pool under load. We are currently mining on the namecoin blockchain for testing, but our payouts will still be BTC!

If you could spare a couple GH/s that would really be awesome. Just go to
Mine-For.us! (http://mine-for.us)

register, create some workers for your mining clients, and point your miners up to us!

Oh, and before I forget:


What are you still waiting for? Go to Mine-For.US and start earning! (http://mine-for.us/)

A wonderful project. I translated your topic and put it in the german section!

found a bug on your website.. I didn't have a bitcoin address handy when I first signed up.

Now, even when I am logged in, going to the settings page returns the "Welcome Stranger" page.

So, I need that fixed so I can put in my bitcoin address please!

also, what happens after the first 850,000 shares?

Hello Digiami,

as far as I know the Settings page will be ready later today. Then you can enter/edit your Bitcoin Address. However, for the second question I don't have a answer. Antares is very reliable, I guess he will answer your question later today.

The settings page is still not properly set up. Please note that we are currently just testing the pool. All the payouts are done from a private wallet right now. So don't worry about the after 850k share barrier!

Definitely a tempting offer. The best at the moment, in fact.

Manual/instant payouts possible from account balance, or only upon block discovery?

Nice promo... Will test your site with 3gh+

I realy like the interface alot.

Keep up the good work.

Hi there,

currently the pool is still configured for proportional payout, which is why we will payout on demand or when the test ends.
As we are currently crunching in the namecoin chain(to reduce the obvious loss on our sides), the money comes out of another bitcoin client anyways.

So yes, this offer is tempting, and that's what it was designed to be.

Oh, and as 2 PMs have arrived me asking about whether we could pay out: We have reserved 30 Bitcoins for this test, which means we have backup funds for at least 1 Million shares. If all runs well, we might consider getting more Bitcoins for extended testing.

Please note: When you sign up for an acount, the default value for Pool donations is 50%. OFC this is a ridiculously high value, and I wish to announce, that during testing we will NOT take any donations from your earnings. You will be paid without deductions!

Awesome. First Block done! The system works great!

Is that a namecoin block or a bitcoin block? Not relevant for payouts apparently, just wondering.

That was a namecoin block. But as you said, not releavant for the payout.

We are currently mining namecoins for two reasons:
a) We cannot expect our pool to find a bitcoin block with these low hashrates for now. As we invest 30BTC into this(which is quite a large investment) we increase our chances of getting a lower loss(as we can use the namecoins for other projects). Currently one Namecoin block is like 1.65BTC, and it's about 18 times more probable to find one. That means on 1M shares we make 16.5BTC in Namecoins vs a probable 0 in BTC, cutting our probable losses by a good 50%

b) I personally do like the namecoin project, as it has use and I hate how the greedy parts of the bitcoin community treats it everytime difficulty sinks down for like 3 days.

However, if all goes well, we will soon switch over to the real Bitcoin blockchain!

Nice, 2nd block down!

I'm still a little fuzzy on what happens when your test period ends, at 850,000 shares or now 1mil?

Will the server continue to offer work or will it just shut down? If it continues to offer work, will there be any payouts for that work?

In any case, I would like to request you put the total share count for the test somewhere on the site, so that once we hit 850k or 1m, I can direct my miners elsewhere again?

(mainly just want to avoid continuing work if there will not be any payout, if there will be continued compensation I would be more then happy to keep them pointed to your pool)

Is there something wrong with the stats on the page.

Round history doesnt seems to be updated.

Current round time 3h 56m, current block 18642. That block did start like 11 mins ago.

We will not shut down the server of course. The Server will still continue handing out work, unless there is some urgent reason to shut it down(remember we are testing stability and the pool frontend/engine). We are currently considering whether we will let it on PPS after the testing period or whether we will set it to PPLNS ("semi"-hopper-proof proportional). On the one hand, of course PPS is nice for miners, on the other hand there's the problem that we could face a monster block that takes us many million shares to solve it, which could make us default(I mean, c'mon, an 8mil share block would cost us like BTC240), and we don't want that to happen. On the other hand PPLNS offers only basic protection against poolhoppers and long blocks that would be inconvenient to the miners. So we are still thinking about this, but most likely we will let the users decide.

about the total share count for the test(we decided to raise it to 1Million to be round, I'll update funds and the front page tomorrow)... I will put it on the round history page tomorrow(damn it's 3 AM again over here).

Last but not least, we will definetely continue to pay out after we have reached our testing goal, given that no disastrous catastrophies happen.


It can sometimes be a bit delayed, although it should not be 11 minutes. Currently, all those data are updated in a 5 minute-interval, just to be on the safe side with performance and to make the hashing-rates spike out less. I'm also already working on a way to take more mature data into account when calculating these so we can make the update periods shorter.

Thank you for pointing it out to me, though, I'll definitely investigate this!

And to all the others here, we always appreciate feedback(we hope for it in fact!)

Cool, thanks for clearing all that up.

Looks like we have constantly over 10 GH at the moment  ;D

Something is wrong i guess, its gone 6-7 blocks now and still no round history and still working on same round.

Or do i understand the namecoin blockchain wrong? enlightenme pls :D

Hi Nebuluz,

We are currently simply out of luck. Usually, like with bitcoin, you find a block every n shares, where n is the current difficulty(which is 94037 for namecoin right now). However, this is just some average. You could probably see it on other pools, which sometimes have unlucky bitcoin round where it takes a couple million shares to find a block. However I'm looking forward that we will find some pool soon!

These are the current numbers for our pool(used 94038 for difficulty and 10GH for pool speed) for finding a block:
Probability   Time
Average   11 hours, 13 minutes
50%   7 hours, 46 minutes
95%   1 day, 9 hours, 36 minutes

also if anyone wants a payout please do not forget to inform me or use live support to request it(btw, settings page is now online, so those that did not enter a valid/no bitcoin wallet adress when registering can put theirs now in!)

Nevermind :D

I was thinking wrong. To much reading about mining lately i guess .)

you can't ever read enough on that. The concept behind bitcoin is fascinating!

sneaky edit: I put the remaining promo shares count on the round history page. It's the one marked bold and in red!

Go guys! Get the well paid shares ;)

Did just recive payment for the 3 first blocks  ;D

Very nice promo, very low stables (almost nothing).

Keep up the good work!

Stale rate is really low! 0.33% stales at the moment.

ok, so we're soon hitting the last 100k promotional shares.
Note, we got something BIG planned for the time after this promo, but we'll keep it secret for now!

Here's some sneak:

• after this promo, we will establish a modified PPLNS System, which will be cheatproof, but not bad for our regular miners!
• We will set up a (privately donated) Block Bounty of 3 BTC
• We will only take 1% fees

Mining for some hours now. This is a great pool with awesome support.

Currently mining at 35+ GH! Thanks to all supporters! :)

Hey, the pool is now at almost 30GH! You might want to correct the thread title!

Hi,

do you have json api for miner stats?

thanks.

spiccioli

Hey Spiccioli,

I am pretty sure that antares is working on a api and forum signatures. So, you probably just have to wait one or two more days  ;D

So those last 100k shares are long gone.. are we still making .00003/share or is your new system in place now?

Hi,

looking at rounds history, how comes a block solved four days ago is still waiting for confirmations?



and, btw, why wait 120 confirmations when after 6 it is assured to be real?

best regards.

spiccioli

Hey spiccioli,

I don't know why that is, however, I am sure that antares will take care of that. People got paid out anyway :)
Also, I think he changed it to the bitcoin blockchain now.

Regards

Hi computer22,

I did not consider we were mining namecoins, I don't know how long it takes to have 120 confirms on namecoin blockchain.

spiccioli

Mainpage says:

So me and others who still mine there should get 0.00003 for every submitted share. I've got screenshot
to back me up. If they refuse to pay what they promised and (24hrs info before they stop pay) i totally
call them junkhead scammers! i dont care if i mine for NC or BTC blockchains if i got my virtual coin pieces paid in BTC

Still asking this, is the 0.00003 offer still available as said in your sites main page? Confirm this please?

+1

alright antares, time to speak up sir.

I've seen you online here at least 3 times since the last few questions posted in this thread, and about 5 times since I sent you a PM requesting a payout and an explanation.

You were shown as online 5 minutes before the time I posted this. Although there aren't many of us left mining for your pool, if you intend on keeping us few around I suggest you respond ASAP.

edit to add: copied from your user profile
Name:   antares
Posts:   188 (2.380 per day)
Respect:   0
Position:   Full Member
Date Registered:   June 06, 2011, 03:59:51 pm
Last Active:   Today at 11:31:08 pm

It's on the Page. No, the Bonus shares have been used. But I am pretty sure he will do another promotion soon.

@Poster over me:
Do not use the forums to request a Payout. Use the Live-Help Button or drop a Mail to btcmining [A T] ideal-hosting.biz
The payout system will be automated soon anyway, as far as I know.

Where it is in first page of site, i took picture and there were not any info? This is smelling like scam without intention to pay. They said they got 30BTC to pay, so why there is waiting time for payouts? Also if "A" has been online here he knows this and is avoiding this fact?

Fact1: Forum page here says nothing that its over! (original first post)!
Fact2: Their homepages first page says nothing that its over (news section)
Fact3: So if you make only miners and dont seek for round history page where we have only info "   Promo shares left:   -493.352" means that they intentionally.

In other words, its time to payout ASAP and MAKE NEWS OFFIALLY HERE and in their own news section (firstpage). It also seems that there are not many miner anymore than "A" himself.

I've got my Payout without any problems after requesting it in the livehelp.
Also, the promo share thing was pretty tansparent. It said how many shares they give out with that bonus and it also said how many shares are left with that bonus.

Hey there,

first of all, all payments requested so far have been done. We were totally surprised about the extra 20 GH and it did take us some time to respond.
In addition to that, I am currently having to finish my bachelor's paper so I wasn't really paying attention to that thread. Obviously we are currently way over budget, which is why I made a deposit to MtGox to get enough coins to be able to pay off everyone just like supposed. The bank wire might take a couple days extra, but we still have funds left.

However, when the share 1.200.000 is reached for this current round, we will end it, and I will change the front page.

We'll be doing 0% fees PPLNS after that. Also the thread topic will be changed after that.

Also I've received a PM about the "variating" share count. Whenever someone requests a pay out for the current round, I'll reset his shares for the current round to 0 and move them over to a dedicated worker in my account after I pay those shares out. this is just neccessary because the backend won't be able to make a difference for paid out shares for the current round and unpaid ones.

So as its now: 1.138.057 there are 72.000 shares left!

Ok, received payment as promised. Thanks for the update antares

I just saw you can now opt-in for a newsletter  :D
Good Idea ;)