Clueless is right. Once is bad enough, but to have it happen again is just plain ridiculous, it makes no sense at all. It wouldn't surprise me if the pool operator had something to do with it - he's certainly got a history of scamming his miners.

Sorry for the lack of updates everyone, with the Christmas season and high workload we have been rather burnt out (things are still happening in the background).

A small update, we have shifted the pool to https://pool.overhash.com as we have launched our crypto exchange at https://overhash.com.

All settings are exactly the same and the stratum is still at the same address!

Our electrician (ex electrician now) screwed up the 3 phase install so we are in the process of getting it fixed, as when we plug our miners in it keeps tripping the breaker. So hopefully that will be up soon as the downtime and server costs are really killing us at the moment.

Thanks for the support so far guys, and we look forward to progressing into the new year soon!

145 blocks to go we are at (-1.22%)


https://bitcoinwisdom.com/bitcoin/difficulty


there is a chance that diff adjustment happens on  Dec 17th At 1 am east coast time.    that would be close to 15 days time.


today is a good day to be a miner!

That is a pretty cool feature...

my invest in the 3 Ant S1 was in total 160,00 €.
the PSU is a Server PSU with 930 Watt at about 30,00 €
If that keep going, i will return my Invest (what i never thought of!)

For me it can stay forever, i will use the NH for paying elec. and the rest solo mining  until i solve my first
block (goal).
 

Edit: it is 01:43 (@night) in ger. i wait for the first payout (5H) and then sleep.

put my 3 Ant's (Undervoltet) on now.
Quick Calculation:

400 GH/s (545 Watt's) per 24H = 13,08 KWW/h  / 0,29€ per KW/h => 3,7932 € to pay Elec.
400 GH/s => 0,0576 (24H) BTC => 16,3584 €

16,36€ - 3,80€ = 12,56 € WIN per Day

If that last for 24H I couldn't belive it.

How long will that goes? hope a few day's.

Well Well, my miner runs at 0,393€ per Hour Profit and i have to pay 0,29€ per KW/h.
The First Time that my miner generate a real Profit of 0.10€ per Hour.

Thank's Aurel57 for the message!

I mine at the nicehash side, it is "beside" germany in the netherland.

Yeah, people are paying out the wazoo to mine GAW's new XPY.  Those of you who have rigs for rent are making a killing right now .  Supposedly the PoW mining stage will be completed on 12/19, so enjoy it while it lasts!

These pools you mention are giving you the illusion that you are getting overpaid - that's all it is, an illusion. No pool can pay more than they mine, the same as no business can run at a loss. Any pool that claims to pay more than they earn should be avoided completely, especially one that has a proven shady background. Don't fall for it.

Update: I see my miners in the list, thanks for the tip Aurel. So far so good. Fingers crossed that I am not chasing butterflies here.....

P.S: A way to differentiate your miners would be to use different receive addresses for each, depending on what wallet you are using you may already have several available. I have been doing this on P2pools that I have tried.

NiceHash has very large FAQ section. You can name your miners and still mine under same BTC address. Read this: https://www.nicehash.com/index.jsp?p=faq#faqs1

I suspect that is what people buying hashpower are doing, at least those who do it for any length of time. I have tried this but always end up chasing butterflies it seems. I can understand a looky-loo just wanting to try mining overpaying for a short period of time.  I pointed an S1 and an S3 there. I think I did it right. I signed up and pointed them to the stratum address for SHA-256 using my wallet address as user name, like a P2pool. IS this correct? Did I miss something? How do I monitor what is happening? Do I just wait for a payout in 6 hours??

So it seems. I read through the Nicehash website and it appears you can use any miner, although there seems to be issues with people using junkers with outlandish error rates screwing things up. My Spidey sense says that something that is too good to be true usually isn't, but if they are paying 4 times a day I don't see much risk in pointing one over there. The site is currently quoting .0886 BTC/THs/Day. The Coinwars projection is .0226. My main reservation to trying this at the moment is that Slush is having a boomer of a day (FINALLY) and I am running @ about .03/Ths/Day currently and I don't want to pull off of that tit right now. Maybe if things cool off I will give it a try. I do understand the business model (Sell to sucker and buy from me and keep a cut), all you have to do is check Ebay and see the (insert derogatory term for zero math skill person here)'s paying $5-$10/day to rent S3's. The issue there is disgruntled buyers and full on scammers though.

Is there a limit to how small of a contribution someone can make? Meaning, can I point one of my S1s there to test out these fantastical figures?  

Yes my nicehash/westhash miners are really kicking out coin atm +1

I mean I would run extension cords or something to get them going ASAP. He is just losing money as the difficulty will probably never be this low again.