Did we loose about a third of our hashing power for scrypt when the coin value dropped? Always remember port 7777 being at upper 900MHs. Now always in the 600s
JR
We've lost around 150MH or so in the past couple weeks. We were generally only over 900 while mining some coins that already had a decent amount of dedicated miners. Not sure if it's people going back to dedicated LTC (or other coin) mining, or people shutting down their GPUs because it's not profitable anymore. |
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Is there a good IOS app that monitors your pool ?
At the moment we only have an Android app. Fee-free payout threshold for BTC has been reduced to 0.01 BTC. |
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Please add multipool back to the pool list, not sure why we were removed.
Thanks.
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I'm not the best when it comes to bitcoin math, but shouldn't 1500GH/s get a block before 3 weeks.
If 3549157.75 GH/s (total network) gets a block every 10 minutes.
then by proportion 1500GH/s gets a block every 23627 minutes or 16days.
It "should", on average, take about 10 days per block, however we've had very bad luck on our first block which is why I'm offering the bounty. We just need more hashrate in general so I'm hoping this will also get some new people to check out the pool. |
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Things are mostly recovered now, starting up a few stragglers
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Pools are back up. I gotta take my kid trick or treating, so I won't be able to fix the website until later.
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ah something wrong now the miners cant connect..  site and miners down= no good  DB server is having issues. Looks like a problem at the VPS level again. I am restarting the DB now, once it restarts, miners should be able to connect again. If you are currently connected, you shouldn't be having any issues. |
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Multipool is offering the pool fee (1.5% - 0.3125 BTC) plus any transaction fees up to a total of 1 BTC for the person who finds our first block!
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Proof of stake is not like interest at all. It's a compensation for the effort of the miners to keep their wallets open which expands and strengthens the network.
You are not lending money to anyone when you generate a PoS block.
Otherwise agree. PLDEx3yKPKgwWyiGWwpv9PNWNYorUcTskE thanks!
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I've decided that in order to promote our pool, I'm offering the finder of the first block the pool fee (1.5% - 0.3125 BTC) plus any transaction fees within the block, up to a limit of 1 BTC.
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Multipool is in serious need of more hashpower to find our first block. I'm announcing the following promotion:
The person who finds our first block will receive the pool fee (1.5% - 0.3125 BTC) plus any transaction fees in the block, up to a limit of 1BTC.
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Well if we are going to be a BTC pool, how about a PPS system in place. Make it worth our wild.  The BTC pool will likely switch to PPLNS at some point, as we aren't likely to attract too many miners with a hoppable reward system. So I'll have to figure that out. PPS is a non-starter. Please do; quickly. This is pretty much a pointless BTC pool to mine in because it's always at least 200hrs to find a BTC block (not counting luck). ...which then causes a catch-22. We need more hash to hash more blocks, so we can attract more hash.  I vote PPLNS. Then add a Stats ranking for 'Top 30 Share Contributors' (I'll be waaaay down at the bottom with 6GH/s)  I agree that PPLNS or DGM is the way to go. However, I'm not sure it'd be fair to change the payout method while still working on the current block. I am close to announcing a promotion that should hopefully bring in some more hashpower. Stay tuned. |
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Anyone considering buying anything from these douchebags please take a look at their competition instead (people who are actually SHIPPING 2nd-gen ASICS now) www.cointerra.comwww.kncminer.com |
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Hello can you please add multipool.us to your pools list? Thanks.
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Can we stop mining PXC because autosell never works on cryptsy and it's not worth my time to sell digits of pxc for 500 satoshis each.
I've actually been considering dumping it recently. It's a scamcoin to begin with, and the recent ordeal with PhenixEx makes me think that it really shouldn't be around anymore. Autosell wasn't working for all coins but they seem to have fixed it now. Why would you dump PXC? It's more often profitable than LKY. I was considering dumping it because the dev is a confirmed scammer and has basically vanished from the boards, but it appears it's been taken over by a new dev who will be hard forking it within the next few weeks. So we'll see where it goes from there. |
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well we spent a whole 2 mins on Zet coin today  , plus side glade we mined some trc today and finally got off btc, lol thought the whole idea of mining multipool was find the most profitable coin , how can mining the hardest coin be the most profitable? Isn't it GREAT how a CENTRALIZED authority decides everything for you ? OMG its .. out with the old school.. in with more old school. We add about 1000 more miners to each coin we mine (while we're mining it). In addition, we're mining at the time when the difficulty is lowest (and thus the coins are most vulnerable to a 51% attack.) If that doesn't fit your definition of decentralization, I don't know what would. |
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Can we stop mining PXC because autosell never works on cryptsy and it's not worth my time to sell digits of pxc for 500 satoshis each.
I've actually been considering dumping it recently. It's a scamcoin to begin with, and the recent ordeal with PhenixEx makes me think that it really shouldn't be around anymore. |
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I looked at p2pool but I'd have to do a bit of development to log the shares in the DB. It wasn't something I was up to.
Eloipool may be an option. I thought it was just a pool server, I had no idea it was a way of aggregating hash. Can you explain a little further how it works? I don't see anything in the readme about doing this.
Edit: I just spoke to Luke-Jr and he told me that that feature of Eloipool was never finished..
Did he give any insight as to how long or how hard it would be to get that updated for you? It's a really good motivation because Eliopool from what I understand is backed by the power of Eligius which is a top contending pool at the moment. I'm sure he'd appreciate any hash power backing their system as well as us needing something to drop our variance/luck factors down to tolerable levels. Bitcoin miners can't gamble with their hash rate anymore because many are afraid of loosing/having lost their opportunity to ROI their hardware at all so a pool with such high variance (fee or no fee will be unattractive to most). Just my 0.0001 BTC.... Luke-Jr runs Eligius.. The idea I got was that he's not really interested. |
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How about doing some promotion in "Bitcoin Forum > Bitcoin > Mining > Pools" forum to drum up some business. I'm think many Bitcoin miners don't know you are here hidden in "Alternate cryptocurrencies"
I'm kind of in the school of thought... why not back the BTC portion of this pool with p2pool or eliopool so that the variance will be reduced and rewards are more likely (of the 2 Eliopool seems to have the greater hash rate on network but either are good and both are growing and they both payout directly to where you want the funds as if you were solo pool mining) Then the advantages of this pool are magnified because the BTC portion is comprable to mainstream pools with the added bonus of "coin hopping" when other coins are more profitable. I looked at p2pool but I'd have to do a bit of development to log the shares in the DB. It wasn't something I was up to. Eloipool may be an option. I thought it was just a pool server, I had no idea it was a way of aggregating hash. Can you explain a little further how it works? I don't see anything in the readme about doing this. Edit: I just spoke to Luke-Jr and he told me that that feature of Eloipool was never finished.. |
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What do you know about legitimacy mate? You using an account what was stolen last Friday. May I ask you how much you paid for it? Or are you the thief itself? My account was stolen? That's news to me! I guess I better change my password! |
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