User3's bonus then goes directly to the weekly jackpot.



Let's not flood the forum with referral threads please, we just got done dealing with all the spamming accusations. Feel free to put an ad for your minipool inside the official triplemining thread.

Hit F5 much? 

*dancing* *finger guns*

Oh, I see, thanks Panda!

I understand, that's why I was wondering about adding an instant payout option. So if someone had .6 BTC, they could just type .6 into the payout box and that way it wouldn't take them 6 days to get it out. Which would result in fewer transactions.


Cheers!

But then won't that withdraw .01 BTC only once every 24 hours?

Happily hashing away.

Is there any sort of instant payout option? Because that would be nice.

Holy smokes, we hit a block! The winner of the first ever Dulljackpot is gninimelpirt! PM me your bitcoin address and be prepared for the whopping .000653607 BTC that is headed your way!

I appreciate the quick replies Luke, I will try a different client and see if that helps things.

I am clocking my 5830s to 925, their temps are all below 70.

Not giving up though, I'm sure I'll get it figured out.

EDIT:

Installed phoenix and not only is my problem resolved, I'm getting another 7 Mhash out of each card! Thank you, Luke!

Because TM has not found a block in 130 hours. You can't get paid if there is nothing to pay you with. With every additional share added to the total, each individual share is worth less so it is possible for your total reward to drop as the proportion of your hashes to overall hashes drops. It's how mining works.

That being said. it's pretty insane that we haven't found another block yet. I'm moving my hashes somewhere that can pay the electricity bill and will check back after this block is found.

1BwiSFPwkPaB14KYLjVVzSNJjcbFrwNycP

Everything seems to check out on my end.

Going to leave a card running on your pool for 30-60 minutes to see how it works out. Fingers crossed.

I've been dipping my feet in to test the waters at this pool but am getting ~80% invalid/stale shares. I don't have this problem anywhere else, is there something I can do to correct this?

There are no disadvantages to mining alone. Your 1% referral fee will go straight to the weekly jackpot rather than another miner.

If you do want to refer people, you just give them your referral link, which is in your "my minipool" tab. They just click on the link and sign up normally. They create their own seperate account and workers.

Larger pools will give you a lot of small payments while smaller pools solve blocks less often but you get a bigger cut of the reward. It's just up to you which you prefer.

Truth, with some more hash power or maybe blocks that are, I don't know, sub 5 million shares, this pool could really blow up. Unfortunately you have to start small to get big and there is a mixture of fate and hate that is holding this pool back. It's hurting me too, so if something doesn't happen soon I may have to duck out, temporarily at least.

Every single miner on TM is a minipool leader. Your odds of winning the jackpot go down as more miners join, but the rewards go up, just like the jackpot on any real-life lottery. Every single miner has an equal chance of winning the jackpot regardless of how many people (if any) are in their minipool.

You pay a 1% fee that goes to the person that referred you rather than to the pool like every other fee'd pool does. So if USER1 has users 2,3,4,5 in his minipool, he will receive their 1% fees to do with what he wants. I offer a portion of my referral bonus as a minipool jackpot that only the people mining under me are eligible for.

Users 2, 3, 4, and 5 also receive the 1% fee from the people in their respective minipools. User 1 never sees a bitpenny from the referral bonuses that the miners in his minipool (2,3,4,5) earn from their respective minipools.

So of course only User1 benefits from the people in his minipool, that is the entire point of having a minipool. Just like User2 is the only one to benefit from his personal minipool, even though he is in User1's minipool as well. The money doesn't keep moving up the chain, as it would in a pyramid scheme. I know at least one miner who equally divides his referral bonus up and redistributes it back to his minipool members.

You pay the 1% fee regardless of if you are in a pool or not. Once that fee is paid, it belongs to the pool-owner. Most pool owners pocket the fee (Tycho is a RICH dude with his 3% and 10% fees), but MrSam redistributes it in a way that promotes a community feel and makes it seem that miners are actually working together rather than against eachother.

That being said, you don't lose out on any btc by not having people in your minipool mining under you. You make exactly what you would make anywhere else, less the 1% fee that everyone pays. The only difference is that if you do have people mining under you, you get a small amount of bonus btc.

Unfortunately this can move some people to create a forum topic to promote their minipool or spam their referral link in their posts to others' threads. This has been covered in eskimobob's thread several times over, it is annoying, the majority of us TM miners it is ridiculous. But we can't control the actions of others.

It's just a different way of handling fees, sure we could just mine at a no-fee pool and keep our 1% for ourselves, but this pool actually makes mining fun and promotes a feeling of community between the miners. Even a cpu miner could make an actual bitpenny here and there with a person or two in their minipool. You may not agree with it, you may think it is stupid, but it is not a scam. Unless somebody could please point out where a user is actually being scammed out of money, that claim has no weight behind it. The pool operator has even been giving .5 btc away every day day from his own pocket as the launch special jackpot.

The pool's name is Triplemining because it is possible to earn triple your normal income, not because you will. If you can't differentiate between those two things, you're going to have to sue just about every company in existence.
I called around for deals on car insurance about 6 months ago, Geico was actually 20% more expensive than my current provider instead of the 15% less they claim it could have been, I didn't agree to their terms and instead stuck with my original provider. GEICO IS A SCAM AND WILL RIP YOU OFF. Hopefully I can use this Triplemining situation as precedence in court when I sue those bastards for scamming all their customers.

If the OP has any evidence of Triplemining being a scam, other than "n/t," I would absolutely give it an objective look. I certainly don't want to be scammed out of money and if there is some actual evidence of this happening, I would be grateful to see it. But for a mod to make a baseless accusation via sticky while providing absolutely no evidence or explanation/information, as though it were an absolute fact, is both unethical and libel. But hey it's just a forum on the internet for pretend money so who cares about those things, right?

Hey, do any of you guys run headless ubuntu rigs?

I've been trying to get vnc/remote desktop working on my rig so i can move it away from my monitor and into another room that isn't my bedroom! I am trying to connect to my ubuntu mining rig from my ubuntu pc, never messed with ubuntu's remote desktop software before now. As much as I enjoy having my own personal sauna, it would be nice to move this thing to a less inhabited part of the house and just manage it from my regular pc... For whatever reason, I just can't connect though. I've tried remote desktop and a few other vnc options but nothing works for me even though they seem to be correctly configured. 

I'm not asking someone to hold my hand through this, but if you could point me into the direction of a guide or something that actually works, that would be awesome.

EDIT:
Nevermind, I give up and will just SSH into that badboy.

I know I said I wouldn't post anymore but I just wanted to throw this out here.

He is using a referral system to give his miners a personal incentive to recruit new miners. The only thing that makes it "aggressive" is the way that a few of the miners went about advertising their link. So in essence, what
MrSam is getting out of the referral system is additional hashing power.

Correct me if I am wrong but I believe the pool keeps the transaction fees from the block. That is the only $ MrSam would see from all of this, nearly every pool keeps these fees. So more hashing power = more solved blocks = more trans fees...

Does that satisfy you?

I definitely wouldn't consider the extra .002 btc referral bonus I am getting for this block "too good to be true".


I don't know but I am going to try to find someone to speak to about that sticky and Diablo's behavior regarding the situation. That is just unacceptable.

You would be expending the exact same amount of processing power regardless of the pool you are in.

Almost every pool keeps the transaction fee, when you aren't taking any of the 1% you need to meet server costs somehow.

Is every pool a pyramid scheme then?

This is the last post I am going to make on the subject, then I will just go back to biting my tongue.


Triplemining it is lacking several of the things that make a pyramid scheme a pyramid scheme. In fact, it's really crazy, because if you really tear the system apart and examine it, it exactly resembles A REFERRAL SYSTEM! Wow, what shock!

It is simply a referral system. I just look at it this way, I can mine deepbit and lose 3-10%, which goes directly into Tycho's pocket, neither I or anybody else mining has any chance to see any of that percentage. Or with triplemining I can pay 1%, which goes to the person above me AND ENDS THERE. People really flip out when they see an operator that is giving the pool fee back to the pool rather than stuffing his own pockets. I don't understand this, where is the scam?

 
Out of the ~200 miners in this pool, 2 or 3 made their own threads rather than sticking to the triplemining thread. I agree it is annoying. I agree that it is unneccesary.

I disagree with the fact that Diablo used the word "scam" in his sticky to slander triplemining and sabotage MrSam's reputation in the community. He is a stand-up guy whose greatest concern is making his pool-members happy and keeping the pool running smoothly. I haven't seen a pool-owner that actually cares as much as MrSam.

 I see pool operators that put a plug for their pool in literally every post they make, yet nobody calls them "scammers".

The sticky is a really sketchy attempt to discredit and slander (technically libel I guess) MrSam and his pool, is in incredibly poor taste, and offers absolutely no evidence or explanation. Nice to see the mods pulling the kind of stuff that they are supposed to moderate against. The pool hash rate has dropped significantly since this sticky was made because people think there is some ACTUAL SCAM happening that ISN'T. Unless Diablo has some actual evidence to back up his claim, that sticky needs to be removed. Otherwise it is character assassination as well as the most uncouth thing I have seen in a long time, and that's saying something. Way to let your personal opinion affect your duties as a mod.


Maybe I should spam my referral link around the forums so we can get our hash rate back up...

The fact that he had a banner in his sig makes triplemining a scam? I will agree is was obnoxiously large but obviously it is allowed by the forum if it was possible for him to use it.

So everyone with a tradehill referral link in their sig is a scammer too? Or is it just referrals for Triplemining that are scams, even your 1% is going to another miner rather than disappearing into some Operator's pocket. The fee system is completely transparent.

All of that aside, I think it is really messed up that a moderator would arbitrarily label MrSam and his mining pool a scam based on the fact that 2 or 3 of its ~200 miners made extra threads in this forum.

Punish the posters, remove/lock the thread, tell the poster to reduce the size of his banner (even though the site allows it), don't slander a respectable, helpful pool-owner in an attempt to destroy his pool just because you are annoyed by a couple of its members..

Before anyone else chimes in, I'm not talking about spam. I'm talking about how Diablo labeled this pool a scam. There is a difference between spam and a scam.



Sticky a thread that says Triplemining spams, sure go ahead, even though it was a tiny percentage of the people mining here.

But sticky a thread that says triplemining is scam, that's bullshit.

One forum thread but you still spam that link in the majority of your posts to other threads so don't be too quick to judge.

Good luck to you guys.