Nice idea of the steam game giveaway per block. How do you get the money for that if you have 0% fees? Out of pocket.  |
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www.BTCMiners.netWe're a new smaller pool working to become medium sized at first to make sure the server can handle the load of traffic in it's current configuration along with making sure the connection is capable of handling the requests that would be incoming and outgoing. (Though, high hashers are more than welcome to join!) The pool is a proprietary PPLNS type system, it's PPLNS+Loyalty/PPS. How PPLNS+Loyalty/PPS works is that if your miner (which we can see from the backend) has a high active rate you will be awarded when a block is found your proportionate BTC. How the Loyalty bonus works, is that if at any point a miner is inactive for 48 hours, and not keeping their 3 hour hash rate at their average, their shares are then thrown into the "Pool Shares" category. Ultimately it would pretty much detour any long duration pool hopping in a sense that would not really be worth while to mine at a really high hash-rate and then leave after getting X amount of shares, leaving the rest of the pool miners to finish finding that block. However, it does allow you to pool hop to a small degree because the 48 hour window is available. I don't want to put down the rule of saying you have to mine here and no where else, but for the security of those who do mine actively with us are then covered by that small duration window of allowable pool hopping because those miners would be coming back on a fairly consistent basis, thus making it still efficient for everyone. How the "Pool Shares" work, is that any miner that is inactive for 48 hours, those shares are added to the "Pool Shares", then simply deducted from the total shares during the calculation for the payouts and the user will be removed from the list, to keep it clean. If the miner joins again later on, then they would simply be added back but with a 0 share balance. You can figure out the PPLNS+Loyalty/PPS when following the calculations below: Block_Income / (Pool_Round_Shares - Pool_Shares) which would give you the PPS which then you would take the PPS * Worker_Shares and it then gives you the total of what you mined on top of any bonuses from miners who stopped mining in the pool for more than 48 hours. What makes us different? Simple. Our payout system.. We punish long duration pool hoppers, it's understandable and unreasonable to think pool hopping is a bad idea. We all want to make as much money as possible mining, right? I feel that 48 hours is long enough to pool hop back and forth. If you do pool hop, the length of time is recorded on the activity rate in the database so if you left the pool for 48 hours, you would have to mine at least 48 hours and 1 second for example to not lose your shares. I'm doing this to discourage long duration pool hopping so that the pool will be efficient and have a constant hash rate and to make it successful for everyone. So even if the pool gets a rouge miner who mines for 6 hours at 1TH/s and never comes back, his shares after 48 hours are submitted to the "Pool Shares" to be deducted from the total round shares, giving you more BTC! The pool does have to wait for 120 confirmations before funds can be disbursed among the active miners, so there is a small wait time of somewhere between 12 and 24 hours before the payout would take place. (I initially thought we might take from the total pools funds, like 2% of each block found until we have 100% or 25~ BTC for instant payouts as it would eventually just be the pool buffer for instant payouts. Might be a little bit of a headache at first but the pool wouldn't keep those funds, even if we shutdown those funds would be split between all the current active miners, encouraging members to stay even longer!) The pool has a 0% fee, though donations are always welcome: BTC Address: 1EF9HUfdLqK5zeszv49u7oLiUJznjrcwev (or in my signature!) To connect to BTCMiners.net you simply need the following information: Hostname: http://stratum.btcminers.netPort: 3334 Username: Your BTC Address Password: Anything You'd Like If you use command based mining software you would connect with the Hostname as follows: Hostname: http://stratum.btcminers.net:3334If you're using a GUI, more than likely the first way of connecting and simply just plugging in those values will get you up and running! I hope to see some miners here soon. I am working on the website, at least the stats that are necessary are showing but will be working on having more statistics available in the near future as the pool progresses. If you have any questions on how the PPLNS+Loyalty/PPS works that wasn't explained to your satisfaction, please do not hesitate to PM me so I can help better explain; however, I'm hoping it was sufficient!  Original Topic:https://bitcointalk.org/index.php?topic=293273.msg3140882#msg3140882Hope to see some new miners!! Happy Hashing, BTCMiners.net |
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In fact, I'm set on the Steam product keys.
I will buy multiple steam product keys and the winner of the block will get a free steam game. Some might be good games, some might not be. If you're not happy with your game you get you could always trade it for BTC, someone will want it or the same applies if you already own it.
The gift will be randomly picked..
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Just curious if there is something that is not making this pool strive' any comments?
Perhaps the problem is that this pool pretty much equals solo mining to most miners with any significant hashrate today. If you are serious about this, you'll likely have to attract more hashrate with bonuses coming out of your own pocket. I had the same thought, I re-wrote the code so the original post has been completely changed from the original. I really like the idea of how the PPLNS+Loyalty/PPS system would work, being that miners who give up makes the miners shares just that much more valuable when paid out. What does everyone think of that? I do understand it is a very small hash rate and I'm hoping to get to around ~500-600GH/s at first to make sure the server is working correctly and the payment system is working correctly as well. I think changing the payout system might have changed the playing field for making a "quality" pool for long term miner use. Thanks for the input though. There definitely is a chance I might buy some Steam product keys for various games and give them out to people who found blocks, or longest miner, etc.. Just some ideas right now, not really set in stone, but a very viable method or idea to attract new miners. I have the funds to be able to reward the block finder and perhaps run other contests and what not for Steam games, etc.. BTCMiners.net |
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Just curious if there is something that is not making this pool strive' any comments?
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Over 2 million shares in 2 days!!!
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www.BTCMiners.netWe're a new smaller pool working to become medium sized at first to make sure the server can handle the load of traffic in it's current configuration along with making sure the connection is capable of handling the requests that would be incoming and outgoing. (Though, high hashers are more than welcome to join!) The pool is a proprietary PPLNS type system, it's PPLNS+Loyalty/PPS. How PPLNS+Loyalty/PPS works is that if your miner (which we can see from the backend) has a high active rate you will be awarded when a block is found your proportionate BTC. How the Loyalty bonus works, is that if at any point a miner is inactive for 48 hours, and not keeping their 3 hour hash rate at their average, their shares are then thrown into the "Pool Shares" category. Ultimately it would pretty much detour any long duration pool hopping in a sense that would not really be worth while to mine at a really high hash-rate and then leave after getting X amount of shares, leaving the rest of the pool miners to finish finding that block. However, it does allow you to pool hop to a small degree because the 48 hour window is available. I don't want to put down the rule of saying you have to mine here and no where else, but for the security of those who do mine actively with us are then covered by that small duration window of allowable pool hopping because those miners would be coming back on a fairly consistent basis, thus making it still efficient for everyone. How the "Pool Shares" work, is that any miner that is inactive for 48 hours, those shares are added to the "Pool Shares", then simply deducted from the total shares during the calculation for the payouts and the user will be removed from the list, to keep it clean. If the miner joins again later on, then they would simply be added back but with a 0 share balance. You can figure out the PPLNS+Loyalty/PPS when following the calculations below: Block_Income / (Pool_Round_Shares - Pool_Shares) which would give you the PPS which then you would take the PPS * Worker_Shares and it then gives you the total of what you mined on top of any bonuses from miners who stopped mining in the pool for more than 48 hours. What makes us different? Simple. Our payout system.. We punish long duration pool hoppers, it's understandable and unreasonable to think pool hopping is a bad idea. We all want to make as much money as possible mining, right? I feel that 48 hours is long enough to pool hop back and forth. If you do pool hop, the length of time is recorded on the activity rate in the database so if you left the pool for 48 hours, you would have to mine at least 48 hours and 1 second for example to not lose your shares. I'm doing this to discourage long duration pool hopping so that the pool will be efficient and have a constant hash rate and to make it successful for everyone. So even if the pool gets a rouge miner who mines for 6 hours at 1TH/s and never comes back, his shares after 48 hours are submitted to the "Pool Shares" to be deducted from the total round shares, giving you more BTC! The pool does have to wait for 120 confirmations before funds can be disbursed among the active miners, so there is a small wait time of somewhere between 12 and 24 hours before the payout would take place. (I initially thought we might take from the total pools funds, like 2% of each block found until we have 100% or 25~ BTC for instant payouts as it would eventually just be the pool buffer for instant payouts. Might be a little bit of a headache at first but the pool wouldn't keep those funds, even if we shutdown those funds would be split between all the current active miners, encouraging members to stay even longer!) The pool has a 0% fee, though donations are always welcome: BTC Address: 1EF9HUfdLqK5zeszv49u7oLiUJznjrcwev (or in my signature!) To connect to BTCMiners.net you simply need the following information: Hostname: http://stratum.btcminers.netPort: 3334 Username: Your BTC Address Password: Anything You'd Like If you use command based mining software you would connect with the Hostname as follows: Hostname: http://stratum.btcminers.net:3334If you're using a GUI, more than likely the first way of connecting and simply just plugging in those values will get you up and running! I hope to see some miners here soon. I am working on the website, at least the stats that are necessary are showing but will be working on having more statistics available in the near future as the pool progresses. If you have any questions on how the PPLNS+Loyalty/PPS works that wasn't explained to your satisfaction, please do not hesitate to PM me so I can help better explain; however, I'm hoping it was sufficient! ---- Cloud Hashing Purchase Stats: Rolling out statistics to be updated as often as possible. 35 TH/s total12 GH Purchased34.988 TH/s RemainingHappy Hashing, BTCMiners.net
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New node added in EU. HellDiverUK your node has been removed for now until you have it back up and running. I let it go 3 days past your initial statement, I know you have a PSU on it's way or some hardware of some sort, just message me when it's back up and running and I'll add you back to the list. Just trying to keep it clean and up to date.
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Hello everyone, I am a web developer with expertise in PHP and Python. I am very familiar with Django and Flask in Python, and many PHP frameworks. I have lots of experience with web programming work, however I do not do designs. I can throw in Bootstrap and something from Bootswatch, and I can do some pretty CSS stuff, but that's about it. No full website designs. I am strictly a programmer, not a designer. My rates are approximately .1 BTC / hour, but the cost depends on the complexity of the project. Please email me for estimates. My email address is jmaguire2013@gmail.com. Thank you for your interest, John Maguire EDIT: Updating costs. Emailed. |
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Two new nodes added. They're located in Mexico and are listed appropriately within the North America listings. I was told the LTC will be 0% fees for September but will go up to 1% next month. I've already listed it at 1% so I simply do not forget, but as of right now it is 0%. Thanks for the contributions everyone and feel free to donate a little BTC if you can, it takes time to check all of these on a regular basis to make sure they're up and running and we do not have any dead pools within our list, so anything helps! |
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I had to take my node offline until I can figure out my network issues. I was sending/receiving WAY to much data for a 50Mbps connection and I was the only one mining. Will probably colo my server in a DC in the near future, not sure yet. I'd also like to point out that I am glad to take any sort of donations, my BTC link is below.. Limit bitcoind's connections? Tried. Granted I was using a home connection w/ 60 Mbps Down 25Mbps Up with bitcoind connections at 20 and p2pool at 10 in and 10 out -- nothing else running. Found a server in Georgia I'm going to be using. It's almost done downloading the block chain right now.. |
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I had to take my node offline until I can figure out my network issues. I was sending/receiving WAY to much data for a 50Mbps connection and I was the only one mining. Will probably colo my server in a DC in the near future, not sure yet. I'd also like to point out that I am glad to take any sort of donations, my BTC link is below.. |
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Update information:
Asia node added. 2 EU Nodes removed. Fee change on node from 1% to 100% as they're not running as a P2Pool possible removal of said pool may be an option since they're not with the spirit of P2Pool nodes.
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Just so you know along with everyone else who wants to be added to the pool, please message me. I know clicking on the first page and reading the first post is rough but I don't want this to turn into the last P2Pool thread... |
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Bloody hell - ssd gave up the ghost on iyftech.zapto.org
OCZ?  Probably.. I never buy OCZ, ever. |
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Bloody hell - ssd gave up the ghost on iyftech.zapto.org - awaiting delivery of new one - ETA: 3 - 5 daze. So that's what those latency issues were......... Well at least you're fixing it. I'm personally about to add 100 GH/s more to the P2Pool network! |
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I'm going to have connection issues for the next week or so here (pulling CAT5 through the house, moving electrical sockets, etc, etc), so 847Pool is going down as of now.
Considering I've had about 3 miners connecting for a total of about 10 minutes, I don't think it'll be missed. I doubt I'll bring it back up in a hurry.
I'll strike through your pools with with an ETA of being back up 10 days from now so that would place it on September 9th, 2013 by 00:00 UTC and then it will be removed from the list. The strike through will be left there since you gave notice on it being down, but after 10 days I will have to remove it as I've said I will only keep updated P2Pool nodes on the list. However, thanks for the update and will update it accordingly. |
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