It sounds as though Bitmain and the s5 followed AM's one fan option to dump a lot of heat. We know that didn't work out too well long term.
Personally I think the Tube was a great, great layout to remove 900W with 1 fan. And that was coming from the Cube which again, raised the bar of what you can do with a silent 120mm fan (350W). Not professional. Can't get paid to represent a supplier and dabble in forum skirmishes without losing some credibility. Unbecoming. |
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When will the pool be back up?
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Nice work Phil. Keep the info coming.
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No proof = no credibility.
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Hmm sorry to hear s0br got stolen from. Its amazing how many bullshit thieves there are in bitcons. I love how honest s0br has always been with us. He is a good man and runs a great pool. I am also very interested in his other projects he is involved with. So far with my experience with i'm and his admins they have always been very upfront when problems arise and even paid us bonuses in times we deserved it. I do not know the man personally but I wish i did.
I agree with you as I know for a fact s0br is a trustworthy person. He has been excellent to work with over the course of this pools existance. I'm always cautious though with pools and anything bitcoin. It's a risky business and I have been shafted before buy a pool operator who declared the pool closed due to losses. They then reopened later but would not pay anyone back for earned shares from the old pool. So I worry when I see ongoing security issues. |
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Once again, we've got some unfortunate news, Effective today, and through at least January 1, 2015, we're suspending the mining bonus. We are still a 0% fee Pay Per Share pool.
This isn't a decision we wanted to make, and it wasn't easy. But trying something new comes with risks, and we've suffered some losses, had some setbacks beyond our control occur, and unfortunately, had some instances of people abusing the payout system and bonuses offered by the pool.
In the beginning, we said the bonus might be temporary, and it's lasted quite a long time. And we sincerely hope that, in the near future, we will be able to pay the bonus again. We're working to re-incorporate the bonus, with the launch of a rental site early next year, and we're acquiring increased BTC reserves in order to make sure we're prepared for our increased hashrate.
We can't thank you enough, all of you who have supported our efforts so far and helped to build our pool into what it is today. On a normal day, our average hash rate is over 3 Ph/s, and Bitcoin Affiliate Network is now one of the names you see on Blockchain.info and Blocktrail.com for blocks being solved.
BitAffNet is going to remain the best place to mine, and the most profitable Pay Per Share pool out there.
Thanks again for your support,
Matt, Gil, and the BitAffNet Team
Thanks for this. Despite my time on the pool and being a top 15 miner by hash rate, I never get these emails. I switched pools after reading this because they owed me .4 btc and had not paid out since yesterday. But got paid shortly afterwards. I think I'll wait a bit before redirecting my hash back to them. Looks like the bonus hasn't gone away completely just reduced to 1% s0br let it be know from the start the pool itself was not what this project was all about and with what I highlighted above is what I believe was his main project from the start and is to be his money maker, all he wanted was a pool to run it with. Completely understand, but also I understand that regular payouts when you say you want them every hour, 2, 6, 24 etc were a big selling point, the OP makes a bit point of it as a positive for the pool, but the payouts haven't been regular, they have been late, and now its being said that s0br is having to buy BTC to meet the payouts of the pool, not a good place to be imho. And the bonuses were great, as long as you understood they were a marketing gimmick and were not meant to last, but as long as the payouts were on time who cares where the bonus comes from, its not the miners problem is it? But if payments start being delayed or missed, and (crazy if true) rumours of having to buy BTC to pay miners, then the risk starts to look too great and the concerns expressed by the more knowledgeable people earlier in the thread start to be more clearly recognised, the worst fear is that its not just an hour or a days mining income that gets lost if the pool ups and disappears, if the payouts are delayed for 4-5 days and then the pool disappears then someone walks off with a lot of coin. For some that risk is now too big, time to move on. Thats understandable as I like the 2 hour payments and I talked to s0br on chat yesterday. The hack of his wallet and the loss of 2 blocks worth of coin ( 50 BTC ) put him in a position yesterday of having to wait till the two new blocks to confirm to use for payout as he had maxed out the limit that he could buy from Coinbase. . The way I understood he has bought coins to help make the bonus and or payments during slow times in the past. I have pulled my miners in the past a few times when I didn't feel comfortable with late payments but always came back once the payments were made. I have never had payments go 4 or 5 days but there is nothing wrong with a miner watching out for himself as there are plenty of pools to chose from. +1 I have done the same. But I'm back now and it looks like a payment went out about 30 minutes ago. Here is hoping his security has improved and we can see a larger bonus again. |
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Following for the entertainment value.
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Once again, we've got some unfortunate news, Effective today, and through at least January 1, 2015, we're suspending the mining bonus. We are still a 0% fee Pay Per Share pool.
This isn't a decision we wanted to make, and it wasn't easy. But trying something new comes with risks, and we've suffered some losses, had some setbacks beyond our control occur, and unfortunately, had some instances of people abusing the payout system and bonuses offered by the pool.
In the beginning, we said the bonus might be temporary, and it's lasted quite a long time. And we sincerely hope that, in the near future, we will be able to pay the bonus again. We're working to re-incorporate the bonus, with the launch of a rental site early next year, and we're acquiring increased BTC reserves in order to make sure we're prepared for our increased hashrate.
We can't thank you enough, all of you who have supported our efforts so far and helped to build our pool into what it is today. On a normal day, our average hash rate is over 3 Ph/s, and Bitcoin Affiliate Network is now one of the names you see on Blockchain.info and Blocktrail.com for blocks being solved.
BitAffNet is going to remain the best place to mine, and the most profitable Pay Per Share pool out there.
Thanks again for your support,
Matt, Gil, and the BitAffNet Team
Thanks for this. Despite my time on the pool and being a top 15 miner by hash rate, I never get these emails. I switched pools after reading this because they owed me .4 btc and had not paid out since yesterday. But got paid shortly afterwards. I think I'll wait a bit before redirecting my hash back to them. |
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Got some Christmas money, ran a spreadsheet and decided this is the best miner going for profitablity. Especially with a few EVGA SuperNova 1300's collecting dust. Placed my order. I figure they work on Christmas. Or the day after I guess.
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How do the S5 customers feel regarding the fact that BITMAIN is testing tons of miners on the live network right before shipping? I see a sharp rise in the difficulty right after the S5 announcement.
This is a pretty big leap in logic detective. But let's assume they are "testing" before shipping. As long as they ship when they say are going to (unlike BFL, KNC, etc), I have no problem with this. I would rather they run it for a few days. Fewer duds get shipped that way. |
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I'm not involved in GAW at all, thankfully. But as an outsider looking...this whole thing from haslets to primes to Zens to paycoins is a fiasco. All I see is a hype machine preying on people who came too late to bitcoin mine. They have the "get rich quick bug" that we have all dealt with. Maybe a very few early adopters made some coin. But like all schemes, it quickly unravels and the masses pay the price.
I could be wrong. But the whole thing just has a bad odor about it.
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Congrats to Bitmain for staying ahead of the curve on the S5. Looks like a great machine. It won't ROI so I'm going to pass right now. But give them kudos for sticking with the home miner market. Very impressive.
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I have an odd thing. I did a wallet to wallet transaction within my Armory. My dashboard shows zero confirmation, but the blockchain is showing 12. I shut the program down and restarted it. Still the same thing. 0 confirmations in Armory. Any suggestions?
Do a rescan. Mine loses transactions frequently. Try restarting Bitcoin first. Sometimes it gets stuck on an orphan. So shutting armory and restarting it does not rescan? What step do I need to take to rescan? |
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I have an odd thing. I did a wallet to wallet transaction within my Armory. My dashboard shows zero confirmation, but the blockchain is showing 12. I shut the program down and restarted it. Still the same thing. 0 confirmations in Armory. Any suggestions?
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I have three of these boards I can no longer use. If anyone is interested PM me a price. They have the coolers on them and perform well. I just did not renew my datacenter agreement. Will consider all offers.
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got the following email just a bit ago As much as we like to write you with good news, today we've got the unfortunate task of telling you our hot wallet was compromised again last night. 2 blocks confirmed, hit the wallet, and immediately send the BTC to https://blockchain.info/address/1B6eWiYx8ZobX3rw62o23KybxjxwJg3hRYThis, is the reason payouts have been delayed so long. But, we're not done yet. Not by a long shot. As you're reading this, the payment system is being recoded and made even more secure, and payment processing is being moved offsite and redone. At this time, we anticipate these payments will begin processing by midnight EST / 9 PM PST tonight. We know this is an inconvenience, but we appreciate your patience and your loyalty. We're still 0% fee Pay Per Share with bonus, and still the best place to mine Bitcoins. Thanks again for sticking with us, and contact support@bitcoinaffiliatenetwork.com if you have any questions. Thanks again for your support, Gil and the BitAffNet Team Thanks for the info. I fail to understand with multi-sig wallets how a pool operator can be so careless. |
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Does anyone know what's going on with payments? Been two days since they have been sent out???
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I am a returning Armory user. I moved to Blockchain but they have not kept up so I'm back.
I loaded up the latest version, .92.3 and predictably it took overnight, plus some to download the blockchain. I'm on a new laptop so it had to do it from scratch.
I let it sit for a few days and just today I made a hot wallet. Now it tells me it's going to take another 7 hours to build databases. I thought it already did this on the initial download. Is this normal?
Yes the disk is doubled now because people were complaining about memory Pretend I'm a 5 year old. 5 year olds probably shouldn't be using Armoury, unless they are unusually gifted 5 yos. The key word was pretend. Importing in it's own format is well and good. But does that explain why it appears to be building databases twice in three days? |
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I am a returning Armory user. I moved to Blockchain but they have not kept up so I'm back.
I loaded up the latest version, .92.3 and predictably it took overnight, plus some to download the blockchain. I'm on a new laptop so it had to do it from scratch.
I let it sit for a few days and just today I made a hot wallet. Now it tells me it's going to take another 7 hours to build databases. I thought it already did this on the initial download. Is this normal?
Yes the disk is doubled now because people were complaining about memory Pretend I'm a 5 year old. |
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I am a returning Armory user. I moved to Blockchain but they have not kept up so I'm back.
I loaded up the latest version, .92.3 and predictably it took overnight, plus some to download the blockchain. I'm on a new laptop so it had to do it from scratch.
I let it sit for a few days and just today I made a hot wallet. Now it tells me it's going to take another 7 hours to build databases. I thought it already did this on the initial download. Is this normal?
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