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41  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 25, 2012, 12:10:13 AM
With all that's been said I have to say it's a good interface on this pool - if it had any anti-hopper setup at all (even a rudimentary one like deepbit has) then I could see people using it.

It`s planned , calculated , everything.
42  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 25, 2012, 12:04:58 AM
He hasnt said anything about shutting down or changing payouts at this current time.. if he wants to change the payout system he will need to create a block and pay out accordingly.. otherwise he can just let the pool run and wait until it finds a block.. thats all.

Wow missing a few hours and there is a mess:). Thanks wknight , no one says about shutting down or scam.. i`m not a scamer and i will never be one. I`m thinking to prep more servers . more functions , ideas.. it will remain for the moment prop and no fees. And yes "hahahafr" we pay miners tax that ( 0.005 i think you refer ) = total 0% fees.

Waiting to find the first block and anyone who mined they will get theirs share/reward.

Thank you.
43  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 08:01:03 PM
You would need about 10,000 BTC in reserve to properly operate a PPS shop.

Yeah win to lottery.
44  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 07:56:44 PM
Thanks for this , but as i have said we are new on bitcoin network and we try to improve our pool server to work flawless, we have the resources to create more servers and to develope existing or new web functions so first time we have no fees to make a profit.

This isn't about whether you as a pool make a profit, it's about your miners getting ripped off.

We simply reward the miners exacly for their work.

No, you pay a lot to pool hoppers and very little to 24/7 miners who support your pool.

Take a look at the bottom of this webpage: http://organofcorti.blogspot.no/2012/09/23rd-september-weekly-pool-statistics.html

The two bottom charts show the pool hopping going on at 5 pools with vulnerable reward systems, "proportional" and "scored proportional". See how the hashrate is much higher for the short blocks than the long ones that take a lot of work. This is pool hoppers ripping off the 24/7 miners on these pools.

There's no excuse for these pools to still be running these reward systems and letting their miners get ripped off. Please don't start another pool like that.


DrHaribo i understand , i`m thinking we want to use PPS but we need BTC reserve.
45  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 05:48:50 PM
Greee, everybody is mocking you. Your payout strategy is highly flawed. This should be your #1 priority (all other features don't matter in comparison). Read the pdf linked above by Graet to learn more.

tl;dr: Don't use proportional payout. Ever. It has severe, crippling flaws.

PS. Sorry pool-hoppers  Undecided

Thanks for this , but as i have said we are new on bitcoin network and we try to improve our pool server to work flawless, we have the resources to create more servers and to develope existing or new web functions so first time we have no fees to make a profit.

We simply reward the miners exacly for their work.

Reward formula:

Code:
$estReward = $totalShares/$totalPoolShares;
$adminFee = '0';
$estReward = round((50*$estReward)-(50*($adminFee*.01)), 8);
46  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 03:25:13 AM
We are working to optimize Mysql live selections because they slow the website response badly. We will finish in a few hours. Thank you.
47  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 12:46:08 AM
request:

Please add worker share numbers to api json.

Please add pool stats to api json

thank you


Noted, thank you.

I`m working right now on it.
48  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 12:26:45 AM
Inaba , after you find the first block tell me what i should add to web page? Some features...
https://eclipsemc.com/ is Inaba's site - maybe you can glean few clues on what he likes from there Smiley

I know that , i ask him i'm not that kinda guy.
49  Bitcoin / Pools / Re: [500 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 12:03:05 AM
Inaba , after you find the first block tell me what i should add to web page? Some features...
50  Bitcoin / Pools / Re: [450 GH/s] - BitArena.net - Mining Pool - Instant Payouts - Prop - 0% Fees. on: September 24, 2012, 12:00:52 AM
I'm even going to be awesomely nice and update all my rigs to 2.8.0 so I will hit you with GBT on all my rigs instead of killing your GW.


Smiley) go go
51  Bitcoin / Pools / Re: BitArena.net - Mining Pool - Instant Payouts - Proportional - 0% Fees. on: September 23, 2012, 11:42:39 PM
Yeah, that 43% is mine! All mine!  God help you if you try to change the payout method in the middle of a block.

Grats on the fact that you pool didn't just explode when I pointed my farm at you.  I am impressed with that at least.



Thanks , i`l not change it will remains with no fees.

Right now i`m planning to get more servers and i`m monitoring your speed to learn what i have to do next to be great Smiley

P.S i`m new on bitcoin and i see this is my first A+ Tongue
52  Bitcoin / Pools / Re: BitArena.net - Mining Pool - Instant Payouts - Proportional - 0% Fees. on: September 23, 2012, 11:33:26 PM
Awww yeah, it's like Christmas all over again.  Got 500 GH/s coming your way... at least for 42% of the time.



You are welcome Smiley
No offence man, but how much research did you do into payout systems before you chose the most exploitable one?

What do you mean?
53  Bitcoin / Pools / Re: BitArena.net - Mining Pool - Instant Payouts - Proportional - 0% Fees. on: September 23, 2012, 11:16:50 PM
Awww yeah, it's like Christmas all over again.  Got 500 GH/s coming your way... at least for 42% of the time.



You are welcome Smiley
54  Bitcoin / Pools / [GBT Protocol - ASIC] - BitArena.net - Mining Pool - Prop - 0% Fees. on: September 23, 2012, 04:14:37 PM
BitArena.net - Mining Pool - Instant Payouts - Proportional - 0% Fees.

- Proportional Payouts 0% fees.
- Long Polling Enabled
- Instant Payout
- Email Notification
- New block miner notification
- API
- Timezone
- Detailed Statistics
- GBT Protocol ( https://en.bitcoin.it/wiki/Getblocktemplate )
- ASICs - Ready
- Planned - Pay-per-share (PPS)
- We will add more features at miners request.

We are new on bitcoin network but we got very attached and we try to catch up so your welcome.

Thank you !

https://www.BitArena.net
55  Other / Beginners & Help / Re: Introduce yourself :) on: September 23, 2012, 04:05:05 PM
Smiley
56  Other / Beginners & Help / Re: [Contest] 3 BTC REWARD! on: September 23, 2012, 04:02:37 PM
offer more?
57  Other / Beginners & Help / BitArena.net - Mining Pool - Instant Payouts - Proportional - 0% Fees. on: September 23, 2012, 03:09:17 PM

- Proportional Payouts 0% fees.
- Long Polling Enabled
- Instant Payout
- Email Notification
- New block miner notification
- API
- Timezone
- Detailed Statistics
- GBT Protocol ( https://en.bitcoin.it/wiki/Getblocktemplate )
- ASICs - Ready
- Planned - Pay-per-share (PPS)
- We will add more features at miners request.

We are new on bitcoin network but we got very attached and we try to catch up so your welcome.

Thank you !

https://www.BitArena.net
58  Other / Beginners & Help / Re: I am developing this: http://www.pyramining.com/ on: September 23, 2012, 02:55:39 PM
Nice
59  Other / Beginners & Help / Re: Newbie restrictions on: September 23, 2012, 02:52:24 PM
Great , my first reply. Smiley
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