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1961  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][TAG] TAGMining.Com- 0%, Weekly jackpot!, **UPGRADE TO 1.0.2.1** on: December 11, 2013, 10:55:38 PM
Mining is currently disabled on the pool.

Something is happening with the db where mysql is ramping up to 80-90% CPU usage and bogging everything down.  Even with the server upgrade to try to limp along, we got to a point of sluggishness we were at before.  I am shutting down the stratum service so I can work on the pool.  The front end is still running, as is payouts, both manual and automatic.  I want to make sure everyone is able to get their coins.  This is the most important thing to me right now.

My plan of action is as follows:

  • Setup new server cluster with Mysql load balancing.  The old pool will run in this mining disabled payout mode until I get the new pool up and running.
  • Transfer the database over to the new pool DB so we can keep our stats, and there are no issues with readding accounts and miners.
  • Shut down the old pool and transfer the pool wallet over to the new pool.
  • Change the DNS records to point to the new pool.

I will update this thread as progress occurs.  If you have balances on the pool, please do a manual payout to insure you don't have funds just sitting around.

Thanks for your patience and understanding in this matter,

Fuse

*EDIT- This week's jackpot will be suspended until I can get the pool up and running again.  The balance will be carried over to the next jackpot.


Subscribed. Do you need a second/backup server?
1962  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TagCoin - The World's First Rewards Coin on: December 11, 2013, 10:54:01 PM
Tagmining.com mining is currently disabled.  Please check the main pool thread for info.

You should have the official thread in your sig, as a quick way to find it Wink
1963  Alternate cryptocurrencies / Pools (Altcoins) / Re: Mega on: December 11, 2013, 08:00:23 PM
Megacoin, sorry forgot to write it.

In my experience, there's always some variance. The coinwarz calculator estimates around 10-11 in ideal circumstances with a solid 900kh for 24 hours.

Hopefully ethought will respond soon, he's usually really good about it.
1964  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: December 11, 2013, 07:46:56 PM
Please do not hesitate to let me know if you guys need anything at all Smiley.

A site which offers hot latinas for BTC? Grin

(just had to disrupt the topic)
1965  Alternate cryptocurrencies / Pools (Altcoins) / Re: Megacoin mining on: December 11, 2013, 07:45:37 PM
Hi, just a fast question.

Why is it that I mined for like 20 hours with 920 ksh and only got 5 coins?

Edit.: thought it would atleast be 10 since the calculator indicates 16 with the current diff and the 920 being my /ssecond fix performance.

for what coin..
1966  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 05:13:03 PM
Are you looking at a different KNC news feed than I am? And the "early bird" folks back in June/July would dispute your estimation of the first batch, which was to ship/arrive in September.
What?
This post is entirely wrong.

I ordered a first batch saturn. I've been following their news closely, and I know that when I ordered one in June they said orders were expected to start shipping in september but all they PROMISED was to ship it before october 15th, AND THEY DID, I received mine on the 15th exactly.

You may actually be the first person this ever happened to then, and with an entirely different promise. Some of the early-bird Jupiter folks had a different story to tell.

So, out of 10,000 delayed orders, we have 1 which looks good. That still doesn't shift the mean of delays.

If I did order 1 Neptune now to pay later, I mean latest 1 week later.  not 5 months.

As I can remember, the Jupiter's were meant to of started shipping end of September, but they were a couple weeks late, not 8 weeks late.

Also, don't you think now they have better understanding of the whole manufacturing process and their factory is fully setup with full workforce.  Unlike before (first time round) they were setting up and adding staff as they went along.

they have to have more experience this time round, no?

Problem is that "shit happens" like having to switch the VRM component at the last minute because they couldn't get the original ones, now sometimes that has a positive effect (Hash rate) and sometimes it has a negative effect (delay)

Certainly their delays are getting shorter, probably due to the manufacturing process becoming slicker.

But there is always something that can happen, it "appears" that when pushing the envelope with the Jupiter design that the variability of the production process can introduce perhaps tolerance problems that may have caused performance issues some machines.

Its hard to remember that to all extents and purposes in any other industry these would be highly experimental one off production runs. I mean we've only had 1 batch of October machines and one batch of redesigned November machines. In normal production runs they would be at the third or fourth batch by now and would have tweaked the production process to account for any anomalies that the discovered from earlier batches.

+1, excellent post.
1967  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 04:53:04 PM
As I can remember, the Jupiter's were meant to of started shipping end of September, but they were a couple weeks late, not 8 weeks late.

Couple of weeks? They didn't start arriving in many cases, until end of October, with next day shipping. Mid September was the first prediction, then Sep 27th, then the end of September.

Late is late. Granted, this was their first batch with unknowns, so forgiveness is easy. As I stated.

Also, don't you think now they have better understanding of the whole manufacturing process and their factory is fully setup with full workforce.  Unlike before (first time round) they were setting up and adding staff as they went along.

they have to have more experience this time round, no?

You would imagine, but they still had delays despite that, likely because they kept changing the design. And this 2nd batch has had more apparent DOA's and failures than the first, which indicates they rushed it out the door. This doesn't get forgiveness like the first batch.

Hence, my safe worst case scenario of August. Worst case.
1968  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 04:47:29 PM
... with a hashrate of 3-7TH, depending on how much power you can supply.

Sauce for 7TH?

Cheers.

It's an estimated based on prior performance levels, which more than doubled from the conservative design spec.

KNC announced 3TH would be the minimum, with "much more" hash depending on your power capability. This is what appears to be their first design toward industrial/commercial rigs. Several of us have done the backwards math for the TH/Wattage. If you search you can see the reasoning.

I personally believe 7TH is an upper limit, with 5-6 realistic--but I wouldn't make a buying decision based on anything other than 3TH.
1969  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 04:39:09 PM
First Batch (with many unknowns): Supposed to ship in September, ended up in Oct/November.

Second Batch (with everything figured out): They were to ship in November, ended up first week of December.


This is kinda misleading. First batch were supposed to ship by Oct 15, and they did ship around half of orders before that date. They never guaranteed anything in september, it was just best case scenario. And second batch started shipping late november, not early december.

Are you looking at a different KNC news feed than I am? And the "early bird" folks back in June/July would dispute your estimation of the first batch, which was to ship/arrive in September.
1970  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: December 11, 2013, 04:21:26 PM
Hi OleOle & Naeir.

I'm relatively new to the bot- I've been using it since I think October. I used to use the 'suggested' settings for BTC-e, until one day the bot sold low & bought high because of them, and then I went looking for new settings, and someome on the forums here suggested that I dial down my EMA numbers. Doing so was the best thing I've ever done, because now in backtesting, depending on the day,  I can sometimes get over 16,000% profit from my new settings.

So I'll share them with you, and will suggest that you slowly tweak the buy/sell threshold numbers, testing them with backtesting every day or so to see how different numbers affect the settings. Go slow with the adjustments. And try tiny negative numbers in place of the zeros on them.

Short EMA: 7
Long EMA: 15
Frequency: 2 Hours
Buy Thresholds: 0/0.25
Sell Thresholds: 0/0.1
Tick Offset: Anything

I also use bitcoinwisdom.com and enter these EMA numbers into it and set it to display EMA lines so I can watch & see what the bot sees, I find it helps to visualize what's happening. It also helps to visualize new strategies before I test them in the bot by punching the numbers into bitcoinwisdom first, too & seeing where the EMA lines would cross.

So good luck, hopefully these settings will either help or inspire you.

Thanks very much NginUS, while it's one thing for people to comment on what they think the bot does or what they think the market will do over time, it's quite another to share your settings and your ideas for tweaking them, thank you Smiley I really appreciate that as it helps my understanding of the changing of settings in the context of the current choppy market and the quite wide range of flexibility that the settings allow.

Really appreciate all your comments, guidance and observations. There's no doubt that it's going to be tricky to get the balance right between taking a longer term view to work with the design parameters of the bot over the longer term and honing the settings to take account of the shorter term volatility in the market. You mention that you are constantly backtesting your settings, this does make sense when you get your settings into a 'sweet spot' where you feel that they are adapted nicely to the current market and are making a certain level of profit. I'm nowhere near that 'sweet spot' yet, so I'll review your remarks and the comments that other folks have kindly made and I'm sure that with some time and application I'll be able to make greater sense of it all and fine tune the settings. I also like the idea of being able to visualise things, so I'll take your advice and use bitcoinwisdom to 'paint the EMA pictures'.

Thanks very much once again, it's greatly appreciated.

Smiley



If you search you can find lots of settings. I gave NginUS a bunch of my settings to try out, this one looks like a modified one of mine. Glad to see it is helpful.

Bitcoinwisdom.com and some math can be very helpful when figuring this out.
1971  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 04:17:32 PM
Should I just order now and pay later or do they cancel after a period of non payment?

I believe they said shipment depended upon paid order, and paid orders took precedent over non paid orders. I don't believe you can just put one on order and wait 5 months. A week maybe.

Where did you get August from?  

Isn't it Q1/Q2 which is Q1=Jan/Feb/Mar and Q2=Apr/May/Jun 2014

First Batch (with many unknowns): Supposed to ship in September, ended up in Oct/November.

Second Batch (with everything figured out): They were to ship in November, ended up first week of December.

Presume June 2014 shipments to take place between July/August based on that history. So worst case scenario August 2014, best case (unlikely) is March 2014. So.. somewhere between there.

If I had to guess.. I would say at best, they will begin shipment in May.
1972  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 03:45:26 PM
It's been like a thousand pages since I posted here. First I'd like to make a big shout out to Bitcoinorama for convincing me that KnC was legit. You were right man and on behalf of myself, and my friends and family, thank you very! If you can do updates on the coming Neptunes that would be great (another thread? Or here?)

The most recent update is they cost $13k or so, plus fees, there's less than 130 left to purchase, and sometime between march and august of 2014 is when they will arrive, with a hashrate of 3-7TH, depending on how much power you can supply.

Best of luck.

Hahah - nice summary  Cheesy

LOL thanks.. executive summation is part of my job, every now and then I get it right. I believe KNC has the highest quality product, and my summary is on point. I just wish I had expendable reserves to get one.

1973  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 03:41:53 PM
It's been like a thousand pages since I posted here. First I'd like to make a big shout out to Bitcoinorama for convincing me that KnC was legit. You were right man and on behalf of myself, and my friends and family, thank you very! If you can do updates on the coming Neptunes that would be great (another thread? Or here?)

The most recent update is they cost $13k or so, plus fees, there's less than 130 left to purchase, and sometime between march and august of 2014 is when they will arrive, with a hashrate of 3-7TH, depending on how much power you can supply.

Best of luck.
1974  Bitcoin / Pools / Re: [450 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff on: December 11, 2013, 03:37:26 PM
mannn this is a long round, lets hope we get a few fast ones to make up for it when this one is over!

Also how does everyone go about selling their bitcoins (if they do)... I won't go into asking whether it's good to hold onto them as that will only start arguments Tongue is there a thread dedicated to the best BTC exchanges or something? n00b question I know!

I use coinbase. Their exchange rate is very nice (usually between mtgox and btce) and refreshes frequently. You get money into your account within 2-3 days of selling them. More reliable than any other place I've tried, and they have merchant capabilities, and are actively listening to the user base for suggestions and making improvements.

If you're interested in signing up with them (after looking into them), you could use my referral link below. They'll deposit $5USD worth of BTC into your account by using my link.
1975  Economy / Computer hardware / Re: 12 XFX 7950 mining rig for sale on: December 11, 2013, 03:34:58 PM
Just ordered some of the higher end Gigabyte R9 280X's from Amazon. Might have ordered them out actually lol.

So yeah, you can find deals. Just have to keep on top of it. MSI is sold out entirely (at the factory level I heard), they're ramping up production for January.
1976  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 02:03:47 PM
Also where did they promise "to limit them to Mercury/Saturn owners until they ran out or until there was no longer interest"?

7 billion pages back. This topic has been discussed/re-discussed like 30 times. Orama had explained to us that the individuals in charge couldn't figure out how best to manage limiting the sale, so they round-table'd it and came to the conclusion to just let it be a free for all. If memory serves me.

Non-KNC owners on ebay had auctions up as soon as shipments hit their doorsteps, with some modules going for the cost of Mercuries. It was nuts. A lot of Jupe owners got them too. It seems like you only needed a KNC account from the early days when they first got their website up, and may not necessarily have needed to purchased prior equipment. A bug maybe?

I don't recall if there was a customer quantity limit. I just know it seemed like they only had a few, as they all sold in what, under 2 minutes. And that was IF you could hit their webpage.
1977  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 01:38:39 PM

The upgrade modules were also limited to early customers Wink

They tell you that, but it wasn't so. Non customers were able to order them.

On top of that, they promised to limit them to Mercury/Saturn owners until they ran out or until there was no longer interest, at which point they were going to be opened up for sale to anyone.

Ended up claiming there was no feasible way to do any of this (apparently nobody understands how databases work over there), hence.. free for all to anyone who could hit the webpage order form.
1978  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 11, 2013, 01:22:35 PM
I wouldn't mind the the fire-sale boards, as they were supposedly going to existing customers. That said, I think it was shitty they were sold to Jupiter customers - first approval/dibs should have been given to Saturn & Mercury owners.

I kinda feel like if others got burned that way, they'd understand the points being made. For instance, instead of the Neptune being given a few days of 'early sales' to previous customers.. just open it up to the public all at once, and then say "oh, well we couldn't figure out how to limit it only to current customers".

Like they said about the modules.
1979  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] "BitBaY" Commission Shares thread! on: December 11, 2013, 12:54:05 PM
Estimated Time to release: 3 weeks.

Estimated Time to preview: 1 week.

I presume no available shares left? OP not being updated.
1980  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: December 11, 2013, 12:52:59 PM
Here's some things for all of us to remember, relating to the questions being posed. The market is quite wavy right now, lots of volatility on an hourly and daily basis. If you "zoom out" and look at things over the course of weeks, or the past month, you'll see an overall trend of upward growth. This overall trend is what the bot thrives on.

Your EMA and Frequency settings help determine how the bot views the market--on a daily or hourly level with things swinging wildly, or more zoomed-out where there's a smooth curve. This is important. You want the bot to work over time, ideally examine your profit/loss on a montly level--NOT a daily or weekly level.

Trailing stop loss systems can be good, but can also be painful. The bot currently has something which will, when activated, dump all of your coin and convert it to cash. If you wanted something which simply stopped trading, what happens if BTC value suddenly dropped to $100 and remained there for months or years? With a trade-stop feature, you'd own BTC @ $900 while everyone else was buying in at $100.

The fact is it takes time to develop several settings which will work for you, and it'll take patience, but it can work. There will be losses, but the gains should outweigh them.
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