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361  Bitcoin / Pools / Re: New PPS bitcoin/litecoin pool at btcminerpool.com 1% bonus on: April 23, 2015, 02:04:07 PM
...
EDIT: I guess it all really does not matter for this pool as it looks to have already closed down?

I spotted the website down yesterday too, do you think they went PPSBust or simply turned off the 0.450THs



LoL I think it was more of people's expectation of making big bucks off of running a pool  Tongue after all how hard can that be  Roll Eyes
362  Bitcoin / Pools / Re: [2100 TH] CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: April 23, 2015, 10:38:18 AM
damn this block is a ballbuster. Sad

Yes it was! It burned up my rental hash.
363  Bitcoin / Pools / Re: 1 worker or many workers in solo pool on: April 23, 2015, 09:50:46 AM
Sorry all , I didnt got a right answer  while the problem is

Miner 1 worker A  make 1.000.000  best share
Miner 2 worker A  make 3.000.000  best share
Miner 3 worker A  make 20.000.000 best share

In solo pool what is the right best share for worker A (Real best share )  ?

and if Miner 3 down did the pool still save his best share ?

Why are you worrying about best shares? It does not mean a thing unless you do 47,610,564,513+ then you get a block of 25BTC anything under that share means nothing other than to show you how close you came, which can drive you nuts if it was close.
364  Bitcoin / Pools / Re: New PPS bitcoin/litecoin pool at btcminerpool.com 1% bonus on: April 23, 2015, 09:30:12 AM


Yes and how many people have enough coin min 25+ BTC just with normal luck to make payouts till that first block is found plus overhead expenses? Maybe any new pool operators should think about escrowing coins to prove they can pay to be taken serious?

This is actually a good idea, in fact does any PPS pool ever do proof of reserves?




Most pool operators here don't need to as they are well known. But I threw that out there more for a person like this OP that shows little history, Also due to the fact the OP had asked me if I was interested in helping him and/or be a partner with this pool. (which I have no desire in)

EDIT: I guess it all really does not matter for this pool as it looks to have already closed down?
365  Bitcoin / Pools / Re: BITMAIN announces Antpool on: April 23, 2015, 01:10:48 AM




which miner you using?
make sure your using stratum+tcp://solo.antpool.com:3333

Works now. I forgot to include the 3333 port. Thank you Smiley
Very good
366  Bitcoin / Pools / Re: BITMAIN announces Antpool on: April 23, 2015, 12:34:28 AM


The Antpool is showing as dead.

which miner you using?
make sure your using stratum+tcp://solo.antpool.com:3333
367  Bitcoin / Pools / Re: BITMAIN announces Antpool on: April 23, 2015, 12:26:13 AM
How can I create a worker ID? I can't find it anywhere.

Yes use your mining ID then a .with a number so it looks like this sampleID.15 then give it a few mins like 5 or 10 before it shows up on your mining page

EDIT: from Bitmain page...Worker:  aurel.<WorkerID> or aurel_<WorkerID>. Workers are added automatically, use any password.

Done. Its showing as Dead, however I will give it a few minutes. Hopefully it will work.

Also I'm unable to update my Bitcoin Wallet, as no confirmation email arrives. Been waiting for few hours now and tired several times, no luck.

Whats showing dead? your miner?
368  Bitcoin / Pools / Re: BITMAIN announces Antpool on: April 22, 2015, 11:59:14 PM
How can I create a worker ID? I can't find it anywhere.

Yes use your mining ID then a .with a number so it looks like this sampleID.15 then give it a few mins like 5 or 10 before it shows up on your mining page

EDIT: from Bitmain page...Worker:  aurel.<WorkerID> or aurel_<WorkerID>. Workers are added automatically, use any password.
369  Bitcoin / Pools / Re: 1 worker or many workers in solo pool on: April 22, 2015, 11:37:44 PM


Its like buying 6 chances on the lotto and either putting them on one ticket or 6 different tickets, it does not change things.
370  Bitcoin / Pools / Re: [PPS 2% fee] NiceHash.com pool - higher profits than direct mining BTC! on: April 22, 2015, 07:29:58 PM
I'm trying to mine 6 S5's right now on this pool at %100. Are speeds in GH/s move up real slow? I see 4750, 5000, but not just 6000 yet and at a total I have 6.9TH/s pointed there. Been like that for over a week, so the payments are nice. But want to make sure getting all the juice there.



My S5 hash shows all over the place up and down. I often wondered if this happens due to renters changing their price or canceling and the miner's hash is lost while switching pools?
371  Bitcoin / Mining support / Re: Electrical Upgrade Q on: April 22, 2015, 10:34:24 AM
Just remember if your going to wire 220V you must use a double breaker. If you look at Phils pictures the panel is divided into two sides the left side is 110v and the right side is 110v. Those single breakers are just pulling 110v off one side and the double breaker pulls 110v off BOTH sides to get your 2 legs =220v
372  Bitcoin / Mining support / Re: Antminer S3 on: April 22, 2015, 10:22:49 AM
Plug ethernet cable from your router to the miner. You will access the dashboard on a computer on your home network as you did to set up your pool information on wireless. I have never ran my S3's on wireless but it should be work better on the cable from what I have read.
373  Bitcoin / Pools / Re: New PPS bitcoin/litecoin pool at btcminerpool.com 1% bonus on: April 21, 2015, 09:53:56 PM
So OP claims PPS with a 1% bonus like BAN... Website states it is a 3% fee.  Brand new user.  Tell me OP... Do you happen to have 2500BTC in reserve to handle those guaranteed unlucky times?

Yes and how many people have enough coin min 25+ BTC just with normal luck to make payouts till that first block is found plus overhead expenses? Maybe any new pool operators should think about escrowing coins to prove they can pay to be taken serious?
Any operator who wants to run a PPS pool.  Honestly, I don't understand why any operator would even consider a PPS pool - the risks involved are all taken on by him.  I know I would not start such a pool, even if I did have an extra couple thousand BTC lying around the house.

That is because you understand it. It also seems with all these new pools that are sprouting up that they have no idea and have not researched it enough to know any better.
374  Bitcoin / Pools / Re: New PPS bitcoin/litecoin pool at btcminerpool.com 1% bonus on: April 21, 2015, 07:20:08 PM
So OP claims PPS with a 1% bonus like BAN... Website states it is a 3% fee.  Brand new user.  Tell me OP... Do you happen to have 2500BTC in reserve to handle those guaranteed unlucky times?

Yes and how many people have enough coin min 25+ BTC just with normal luck to make payouts till that first block is found plus overhead expenses? Maybe any new pool operators should think about escrowing coins to prove they can pay to be taken serious?
375  Bitcoin / Pools / Re: [BitAffNet] How we're the #1 Bitcoin Mining Pool In The World (proof inside) on: April 21, 2015, 06:37:13 PM
Someone posted Meni's pool analysis document again recently in the p2pool thread.
https://bitcoil.co.il/pool_analysis.pdf

Although not all of it is gospel, there is an interesting calculation in the appendix that people mining here should take note of
(of course directly related to what I've said before)

If a PPS pool charges a 5% fee, and at any point in time, (only) has a reserve of 250BTC, then the chance of eventual bankruptcy is ... ~81.9% without paying BTC into the pool by the operator.

To have the chance of eventual bankruptcy to be 0.1% on a PPS pool charging a 5% fee, requires a reserve of ... ~1727 BTC

Important to note of course those numbers are if the pool is charging a 5% fee.
... not a 0% fee ... or even a -1% (a 1% bonus) as is the case here.

(N.B. I updated the numbers above for 25BTC since the original doc is back when the block reward was 50BTC)

I wonder if s0br has any idea at all about any of this.

Don't forget that the pool paid a 10-12% bonus for a long time. The only way it didn't BK the pool right away is the pool controlled a very large amount of the hash (and the pool op was putting addition capital in as needed) but at times a large portion of that hash was in the form of rentals at a high rate, which had to burn thru coins as well. Again if this was only going to be a short term  issue until the pool got used for another venture that would make the money, as we were lead to believe, I could understand it better. But the way its gone it seems this pool is doomed no matter what happens now.
This is precisely what I and many others have been saying since the pool started.  The model is completely unsustainable.  You are always reliant upon the pool operator to contribute coins from his own pocket, and when the pool operator decides to stop contributing those coins you stop getting paid.

Look at the numbers Kano posted.  At a 5% fee you need about 1727 coins in reserve to have a pretty good chance of avoiding bankruptcy.  This pool is doomed.  Always has been.

Well we were lead to believe the pool was not going to be his money maker and it was only a tool under his control for another business which I figured was either hash rental and or hosting service. I could understand how you would want to ramp the pool up with the bonus or giveaways for various reasons. I believe this other business was to start within a few months of the pool start up. Many businesses either have a lost leader or give away samples but this is mostly figured in as advertising and is short term as no business can stay afloat selling below cost forever. But as we all know nothing has become of this " other business" so you and the others were right, because as a stand alone pool the way it's structured it will not survive and we have been seeing the proof of that as the pool gets deeper in debt.
376  Bitcoin / Pools / Re: [BitAffNet] How we're the #1 Bitcoin Mining Pool In The World (proof inside) on: April 21, 2015, 01:15:58 PM
The unpaid Doge is really understandable. Earlier it was adding up to hundreds, now it's pretty much a laughable bonus. One time at a free Doge faucet will pay out more than you or I are owed together. And since Doge has no connection to Sha256 mining, just where did/does it come from?

The Namecoin, is questionable. The site doesn't have much transparency on NMC, but maybe they were sold off for btc when it was higher? Just a guess, but there should always have been NMC to payout unless it was sold off like that. I'm not going to cry about the $2.5 in NMC I'm owed(I price it based off of the minimum I'd sell it for), but I would like it one day.

I'm hoping the pool still can catch up.

It never was about the monetary value of the 2 crap coins, it's all about the trustworthiness of the pool and it doing what it said it would. If that changed well it should have been told after everyone was paid up.
377  Bitcoin / Pools / Re: New PPS bitcoin/litecoin pool at btcminerpool.com 1% bonus on: April 21, 2015, 08:30:51 AM
Copied from kano's post as it fits here as well...

Someone posted Meni's pool analysis document again recently in the p2pool thread.
https://bitcoil.co.il/pool_analysis.pdf

Although not all of it is gospel, there is an interesting calculation in the appendix that people mining here should take note of
(of course directly related to what I've said before)

If a PPS pool charges a 5% fee, and at any point in time, (only) has a reserve of 250BTC, then the chance of eventual bankruptcy is ... ~81.9% without paying BTC into the pool by the operator.

To have the chance of eventual bankruptcy to be 0.1% on a PPS pool charging a 5% fee, requires a reserve of ... ~1727 BTC

Important to note of course those numbers are if the pool is charging a 5% fee.
... not a 0% fee ... or even a -1% (a 1% bonus) as is the case here.

(N.B. I updated the numbers above for 25BTC since the original doc is back when the block reward was 50BTC)

I wonder if s0br  *btcminerpool has any idea at all about any of this.
  *added by me
378  Bitcoin / Pools / Re: new bitcoin/litecoin pool btcminerpool.com on: April 21, 2015, 08:28:48 AM
New user with only one post posts a mining pool? A pool needs to be run by a reputable person who knows what they're doing and are already well known and respected in the community. Your post doesn't even remotely make sense with contradictory links, different payout schemes, a mangled post copying bits and pieces from other pools' announcements... No one in their right mind should trust their hashes to you.

It seems some has been copied from BAN?  Roll Eyes
379  Bitcoin / Pools / Re: [BitAffNet] How we're the #1 Bitcoin Mining Pool In The World (proof inside) on: April 21, 2015, 08:18:26 AM
Someone posted Meni's pool analysis document again recently in the p2pool thread.
https://bitcoil.co.il/pool_analysis.pdf

Although not all of it is gospel, there is an interesting calculation in the appendix that people mining here should take note of
(of course directly related to what I've said before)

If a PPS pool charges a 5% fee, and at any point in time, (only) has a reserve of 250BTC, then the chance of eventual bankruptcy is ... ~81.9% without paying BTC into the pool by the operator.

To have the chance of eventual bankruptcy to be 0.1% on a PPS pool charging a 5% fee, requires a reserve of ... ~1727 BTC

Important to note of course those numbers are if the pool is charging a 5% fee.
... not a 0% fee ... or even a -1% (a 1% bonus) as is the case here.

(N.B. I updated the numbers above for 25BTC since the original doc is back when the block reward was 50BTC)

I wonder if s0br has any idea at all about any of this.

Don't forget that the pool paid a 10-12% bonus for a long time. The only way it didn't BK the pool right away is the pool controlled a very large amount of the hash (and the pool op was putting addition capital in as needed) but at times a large portion of that hash was in the form of rentals at a high rate, which had to burn thru coins as well. Again if this was only going to be a short term  issue until the pool got used for another venture that would make the money, as we were lead to believe, I could understand it better. But the way its gone it seems this pool is doomed no matter what happens now.
380  Bitcoin / Pools / Re: [BitAffNet] How we're the #1 Bitcoin Mining Pool In The World (proof inside) on: April 21, 2015, 08:03:28 AM
there's just been a run of payments of 150 bitcoin, i got my balances cleared in full, old and new difficulty.

Time since last payment sent: 6 minutes, 41 seconds.
We've paid out 150.52920770 Bitcoin to our miners in the past 24 hours.
We've paid out 150.52920770 Bitcoin to our miners in the past 3 days.
We've paid out 347.43308466 Bitcoin to our miners in the past 7 days.
We've paid out 430.48639475 Bitcoin to our miners in the past 14 days.
Our combined oustanding balance in queue to be paid is 107.12771135 Bitcoin.

It looks like they have now paid out all blocks from this last lucky streak and I would think the large amount left in queue are coins that are owed to themself? But the pool is back down to @1.5PH




at one point in time, the pool had the highest earning machines.. so essentially they were paying themselves..
they have put those machines somewhere else.. possibly to recoup some costs..

That makes no sense.
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