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Update:
We're going to suspend purchases for the next couple hours so we can work out some issues with offline pools. So if your purchase has not started you know why.
Thanks,
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As someone else who works in IT I can say that I wouldn't have my job very long if I was on a conference call and said "Something has gone wrong, we are working on it" , and then proceeded to sit there on the conference call and answer questions about what was wrong, why it went wrong, etc. I am expected to answer those questions after it is fixed, not give a long winded account of whats happening while the issue still exists.
Wow, can I have your business users? Mine expect updates every couple minutes when we have an outage.  Then you have the always helpfull suggestions of "just reboot it" .. well, umm.. you CAN'T just "reboot" an entire mainframe LPAR. *sighs* .. sorry for the off-topic tangent.... Pirate, please let us know when you get the goat-pool issue worked out... Maybe it would help to reboot it?  I will, I've left him a message. Throwing 48/gh+ at his system instantly is hard on any system but hopefully we can work it out. |
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Update;
Something has gone wrong. We are working on it.
As I work in IT production support, I lost it when I saw the above. I would just love to get on a conference call and say "Update: Something has gone wrong, We are working on it." and then just drop without giving any more details.. Somehow I don't think I'd have my job much longer after that  Just had to get that out of my system .... OK, everyone back to trying to figure out nefarious purposes to buying hash power  Sigg As someone else who works in IT I can say that I wouldn't have my job very long if I was on a conference call and said "Something has gone wrong, we are working on it" , and then proceeded to sit there on the conference call and answer questions about what was wrong, why it went wrong, etc. I am expected to answer those questions after it is fixed, not give a long winded account of whats happening while the issue still exists. CAPS(+) 1 |
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Update:
Those miners using Goat's pool as their offline pool are not getting anything to him. At this point it looks like his system is unable to handle the connections for a single IP or source. So I would suggest changing your private pool to something else until I can get with Goat to work out the issues.
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I've noticed that my BTC income number hasn't changed for about 3 days now. And yet my accepted shares increases.
Maybe I'm looking in the wrong place to see my total earned BTC?
This is either due to your settings on the worker set to not work publicly or your PPS price is set too high. |
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I've been in talks with Shakaru on working out a solution, but it seems that there is more to this picture than I was originally lead to believe. Not that Shakaru did anything wrong, just some details that I was not aware of until we started gathering the facts. Until an agreement is set, I'm afraid the waiting game will continue.
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Update:Purchases will not be started on the following pools: These pools have trouble with block notifications and cause stale/reject rates higher than 2%.
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Is it that simple though? How often are you paid $10 per hour by person X so that you may work a job and deposit $8 an hour into his bank account? Because that's what *appears* to be happening here...
Now, neither of these address the "we make lots of money buying shares" secret... I won't spoil that for everyone... At some point, the "we have a secret technique" people are going to begin to sound like the people who create a book that spills the beans on how to get rich quick that in the end, explain the secret is to merely write a book wherein a secret is promised and the author promises it will sell like hotcakes. Kind of an infinite loop. Speaking of infinite loops, I fear that I may have just banned myself. The IRC channel is dead and my payment for purchased shares is about to reach 6 confirmations. I am mining for public work and unleased shared go to Eligius. I had a disconnected worker with a funny title that I forgot about. I purchased shares and picked the pool from the drop down that that worker would work on if I were mining it, Slush. Have I just royally messed up? Or is the infinite loop problem here where I create a pool that goes to gpumax.com with my workers username and password, and purchase shares to mine it? I really don't want to be banned, so if this can get cleared up, I'd appreciate it. As I have said in the past, we do sleep and don't yet trust the system to run purchases on its own overnight. So if your purchase doesn't run its because either we are backed up or we are asleep. You are not banned from anything. |
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Pirate40, Are you sure it is recovered? I am having trouble to connect to your pool. [02/02/2012 14:33:05] Warning: work queue empty, miner is idle [02/02/2012 14:33:11] Failed to connect, retrying... [02/02/2012 14:33:26] Failed to connect, retrying... [02/02/2012 14:33:41] Failed to connect, retrying... [02/02/2012 14:33:56] Failed to connect, retrying... [02/02/2012 14:34:11] Failed to connect, retrying... [02/02/2012 14:34:26] Failed to connect, retrying... [02/02/2012 14:34:41] Failed to connect, retrying... [02/02/2012 14:34:56] Failed to connect, retrying... [02/02/2012 14:35:11] Failed to connect, retrying... [02/02/2012 14:35:26] Failed to connect, retrying... [02/02/2012 14:35:41] Failed to connect, retrying... [02/02/2012 14:35:56] Failed to connect, retrying... [02/02/2012 14:36:11] Failed to connect, retrying... [02/02/2012 14:36:26] Failed to connect, retrying... [02/02/2012 14:36:41] Failed to connect, retrying... [02/02/2012 14:36:56] Failed to connect, retrying... [02/02/2012 14:37:11] Failed to connect, retrying... [02/02/2012 14:37:25] Connected to server [02/02/2012 14:37:30] Disconnected from server [02/02/2012 14:37:43] Warning: work queue empty, miner is idle [02/02/2012 14:37:48] Failed to connect, retrying... [02/02/2012 14:38:03] Failed to connect, retrying... [02/02/2012 14:38:14] Connected to server [02/02/2012 14:38:19] Disconnected from server [02/02/2012 14:38:31] Warning: work queue empty, miner is idle [02/02/2012 14:38:36] Failed to connect, retrying... [02/02/2012 14:38:51] Failed to connect, retrying... [02/02/2012 14:39:06] Failed to connect, retrying... [02/02/2012 14:39:17] Connected to server [02/02/2012 14:39:22] Disconnected from server [02/02/2012 14:39:27] Result: e75e576f rejected [02/02/2012 14:39:33] Result: e4695c13 rejected [02/02/2012 14:39:35] Warning: work queue empty, miner is idle Update
Service has been restored.
Again we apologize for the downtime.
If you have having that issue when there is no public work running then its an issue with your offline pool. |
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Update
Service has been restored.
Again we apologize for the downtime.
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Update:
Our load balancing DC has had a hardware failure that has the system down. They're working on the issue right now but no ETA at this point. We'll be adding additional layers of load balancing sooner than later now to prevent this from happening again.
We are very sorry for the downtime and working as quickly as possible to get things back up and running.
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Update;
Something has gone wrong. We are working on it.
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What is the total hash power of GPUMAX right now anyway? There isn't really any way to tell.
Ah, yes... and we will keep it that way. |
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I certainly would like to learn, and I hope someone would be willing to help. Brooding on it for a while brought me naught but the above.
Who cares it is what it is we are getting paid for our hashing power as long as it is not used for malicious purposes I'm fine with it.. You may be; I'm curious, and I'd like to be my own judge of what are and are not malicious purposes. If we were using our hashing power to be destructive... you would know by now. + you are dealing with one of the most honest pirates you will ever know. Don't listen to him.... I'll steal all your money! |
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I certainly would like to learn, and I hope someone would be willing to help. Brooding on it for a while brought me naught but the above.
Who cares it is what it is we are getting paid for our hashing power as long as it is not used for malicious purposes I'm fine with it.. You may be; I'm curious, and I'd like to be my own judge of what are and are not malicious purposes. If we were using our hashing power to be destructive... you would know by now. |
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Update:
We are running about a 2 hour delay on purchases. I know a lot of your have messaged me asking if everything is ok and just wanted to let everyone know that everything is fine, we're just backed up.
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I'm not going to be the one to spill the beans as it's a closely guarded secret. I think if you spent enough time thinking about it you could figure it out. well, someone on this thread already explained why, subtly. pool hopping? but is it really that profitable to pay 120%+ pps? As a miner.. I've been wondering this myself. I had pretty much come to the conclusion that I was gonna pull my miners on moral grounds that "they gotta be hopping" .. Luckily just around that time, Pirate made the anti-hop post. I was back to "Hrrmmmm.... what the heck"
About an hour ago, I just had an epiphany that it really IS possible there is a 1) completely legal, 2) completely moral, 3) non-hopping (for those of you who don't have a moral issue with hopping) reason for one to purchase hashing power at above market rate. I'm not going to spill the beans on my idea just yet. Suffice it to say that very soon, I'll be going from a net-seller to a net-buyer of hashies.
My apologies for this being the complete oposite of "concrete example" .. I just wanted to get out there that there is at least one person who has thought of a non-hopping reason to buy shares.
Sigg
ok what's the secret? laundering dirty coins? attacking alt-coins? grue, We have made is extremely clear that our system can not be used for attacking alt-coins. I also don't know where this thought of laundering dirty coins came from but it sounds like FUD to me. I will say it again and again and again. If you don't understand it, don't buy it. I find it really hard to believe that someone like you can't see the benefits of a service like this. It seem that anyone that doesn't understand jumps to the conclusion that it has to be illegal or harmful. I am a huge supporter of Bitcoin and the community and can't understand why people would think I of all people would create something to destroy not only my reputation but the very reason we're all here. |
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According to BTCGuild, the current PPS rate is 0.0000363.
On gpumax, the current price to buy per share is 0.0000572.
Using 20,000 shares, that would cost me 1.144BTC. In return, I would only get 0.726BTC from BTCGuild.
Why would anyone wants to do that?
I can see a reason to buy if the price to buy is quoted in USD. But if I am paying in BTC, and receiving in BTC, what am I to gain from this?
I am not going to go into detail about what most people don't seem to understand but I will tell you that it can become very profitable very quickly. I am resurrecting this old post because I would like to understand this. It isn't the first time a question similar to @chungenhung's was brought up, but each time (as in @pirateat40's response above) the 'answer' was vague at best. I have read this entire thread, twice, and it still hasn't clicked with me. Perhaps I am naive; perhaps my mindset is in the wrong place. My the basic question: why would someone buy shares at a rate greater than the current PPS rate? Why pay 1.2BTC for a service that returns 1.0BTC to the buyer? I can visualize some uses (testing a pool, for example), but I find it hard to believe this is what the bulk of the purchases are being used for. How does a buyer profit? Obviously this is popular with the miners because they get paid more; I understand that. But how does it profit the buyers? Would someone care to explain this with some concrete examples of what most people actually do with the purchased shares? Something more informative than 'I won't go into detail', or 'if you do not get it do not use the service'. Thanks in advance. I'm not going to be the one to spill the beans as it's a closely guarded secret. I think if you spent enough time thinking about it you could figure it out. well, someone on this thread already explained why, subtly. I'm just having fun playing god and pissing hashes all over various pools! BTW pirateat40, why is the hash rate jumping up and down so much? It slowly creeps up from 55ghash or so to about 70, and then suddenly resets back to 55 or so, and starts over. We have lots of purchases running, ending and new ones starting. So its bounces around a lot. |
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According to BTCGuild, the current PPS rate is 0.0000363.
On gpumax, the current price to buy per share is 0.0000572.
Using 20,000 shares, that would cost me 1.144BTC. In return, I would only get 0.726BTC from BTCGuild.
Why would anyone wants to do that?
I can see a reason to buy if the price to buy is quoted in USD. But if I am paying in BTC, and receiving in BTC, what am I to gain from this?
I am not going to go into detail about what most people don't seem to understand but I will tell you that it can become very profitable very quickly. I am resurrecting this old post because I would like to understand this. It isn't the first time a question similar to @chungenhung's was brought up, but each time (as in @pirateat40's response above) the 'answer' was vague at best. I have read this entire thread, twice, and it still hasn't clicked with me. Perhaps I am naive; perhaps my mindset is in the wrong place. My the basic question: why would someone buy shares at a rate greater than the current PPS rate? Why pay 1.2BTC for a service that returns 1.0BTC to the buyer? I can visualize some uses (testing a pool, for example), but I find it hard to believe this is what the bulk of the purchases are being used for. How does a buyer profit? Obviously this is popular with the miners because they get paid more; I understand that. But how does it profit the buyers? Would someone care to explain this with some concrete examples of what most people actually do with the purchased shares? Something more informative than 'I won't go into detail', or 'if you do not get it do not use the service'. Thanks in advance. I'm not going to be the one to spill the beans as it's a closely guarded secret. I think if you spent enough time thinking about it you could figure it out. |
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My miners are no longer leasing shares. Did we finally get through the backed-up orders, or is pirate just asleep?
We just started back up again. |
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