is the most profitable coin selected based on coinchoose?
No, I do my own calculations. |
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Get the pitchforks! Get the torches! To the gates, fellows! To the gates!
I'm glad you think this is funny. People who ordered in January or February will NEVER see ROI on their purchase now. |
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Thanks for the feedback! These are great suggestions for ways to improve the transactions page - I'll see what we can do.
Also, your first purchase must clear before you can make additional purchases. Once the first purchase is complete you are free to buy repeatedly, restrained only by your daily limit.
You really need to have more detail on the transactions page. After I sell bitcoin on Coinbase there is no way for me to go back and look at what the exchange rate was, or really anything about the transaction other than the amount of BTC sold and the total amount. It should list the exchange rate as well as the fees etc. You should also be able to filter transactions depending on whether they're USB or BTC and see which USD deposits are still pending. |
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I have no way of knowing if a miner on my pool is a botnet, legal or illegal. That said, I think this is a terrible idea as your school will spend more in electricity CPU mining than it will bring in in profit. |
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Found a couple more WDC blocks and a MEC block that had the same issue.. Paying those out now.
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Yeah, there's some really weird bug in the payment script.. And it's very random that it happens. This must have been introduced when I changed the payout formula somehow because it never happened before that. But it's really strange as it is counting the number of shares for each user, and it gets the total number of shares for the block and the block value, but somehow all the values wind up being 0. And if I rerun the payments, everything is normal.
So until I figure this out, I've added some additional logic to not mark a block as scored and also email me an alert if the total reward is 0..
I've searched all recent cronjob logs and these WDC blocks are the only ones affected. I'm repaying them all now.
Block: 650553
Block: 650554
Block: 650555
Block: 650556
Block: 650557
Block: 650558
Block: 650563
Block: 650561
Block: 650562
Block: 650565
Block: 650567
Block: 650568
Block: 650569
Block: 650570
Block: 650571
Block: 650572
Block: 650573
Block: 650574
Block: 650575
Block: 650576
Block: 650577
Block: 650578
Block: 650579
Block: 650580
Block: 650582
Block: 650583
Block: 650584
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And open thine eyes; any bitcoin exchange that sticks to one currency is not a threat and so there is no need to emasculate their withdrawal flow; Can anyone show me another bitcoin exchange that deals in more than one currency ?
BTC-e |
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Waiting 2 days for BTC withdrawal. Scam for sure it seems. Please tag so others do not fall victim.
I removed coins today. Admittedly a tiny amount, with no problem. Correction, none received "transaction processing" after 24 hours It's been almost a week for me. |
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Any plants to get Britannias?
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The dips in the very beginning are me working on some of my miners, the long high section after that is my normal everything working rate, the next low section was when a miner crashed in the night. The very last dip with the arrow over it is what I am referring to. Everything should have been mining as normal right there and indeed when I looked at the miners they were hashing at a normal rate and submitting shares. For what it is worth the entire pool hash rate for CGB was reporting way low on the website (got down to 1.3 Mhs from a normal closer to 100 Mhs) at the same time this was happening.  I have multiple miners all on this same account. I think I see what the problem is.. It wasn't you. Happened again...  Different issue this morning.. This morning was a DB issue. Not really sure what happened as I was sleeping at the time, but DB issues are fairly benign as the pools will hold the shares in memory until the DB connection can be reestablished. So nothing was lost. |
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Maybe a melt down with so many FTC going to mcxNOW
Of FTC price you mean? |
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No offense, but I figured after the fee started being charged we might see a downtick in all these site and mining issues. What gives?
The fee is for my time spent maintaining the site, it's not a guarantee of no issues. That said, there have been far fewer issues over the past few weeks than before the fee was instituted. So I'm not really sure what you mean. |
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Multipool getting lots of orphans.. Possible fork?
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Litecoin has yet to survive the inflow of GPU miners that *WILL* mine LTC and sell it for BTC. This has only started around August when mining BTC with GPUs got unprofitable, so only a few months so far.
Unless there is equal demand for BTC->LTC trades, LTC price will go down.
It doesn't matter how many people are mining LTC. The difficulty adjustment ensures that only a certain number of coins are produced each day. The question is whether people who are mining LTC, or any of the other altcoins, are using them to purchase goods and services (i.e., commerce), or if they are sending them to exchanges to dump for BTC or fiat as soon as possible. If the answer is the latter, then yes the price will continue to drop. |
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Good to know, however I was watching the multipool one evening and saw it switch to WDC and soon after LKY jumped up to 10.8. It took about 10 minutes before the switch over to LKY. LKY is only profitable to mine every three-four days and only for about 20 minutes. If we don't jump onto it as soon as it becomes profitable then there isn't much point in having it on the multipool.
I sometimes think the maturity speed of a coin should be considered for profitability. LKY is dumb to mine to me as it takes hours for the coin mature and probably half a day for it to finally clear in cryptsy to sell. By then the coin value has dropped considerably. Guess you can hold it for the next rise but don't have the patience to track all my coin sales to that level. And when I say maturity speed should be considered, referring to maybe we shouldn't be mining coins that take forever to mature after you mine them. But perhaps that's just for the way I mine and sell coins so is a singular opinion. JR As I've said before, most if not all of the altcoins are likely going to 0 over the long term, because none of them are doing any serious development of a market of any sort for their coin. It's a real shame, because as I've also said before, it's still anyone's game; BTC only has a 2 year lead which is practically nothing on any long-term scale. If LKY is at 1200%, then it probably makes sense to mine even if the price drops by 50% before you can sell it (which as far as I can see, is not a common occurrence. The daily fluctuation is in the order of 10% or so). Your concerns are valid, however, and if I had to go back and do this over again I probably would not add LKY or ARG. However, as I've already done the work to add them and it costs me practically nothing to keep them on, and they do give a small amount of additional profit, there's not really a reason to remove them at this point. |
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Would it be possible to get a brief explanation on how the pool mines LTC ? Is there a minimum time/block allotment before it switches out ? Is there a maximum time before it switches out ? Is it based on normal profitability or does it have to be a percentage higher than the others ? Thanks.
It's currently handicapped by 2.5% and we stay on for at least 20 minutes. We've found 11 blocks in ~14.5 hours which is about 13% better than the average number of blocks we should have found. |
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The dips in the very beginning are me working on some of my miners, the long high section after that is my normal everything working rate, the next low section was when a miner crashed in the night. The very last dip with the arrow over it is what I am referring to. Everything should have been mining as normal right there and indeed when I looked at the miners they were hashing at a normal rate and submitting shares. For what it is worth the entire pool hash rate for CGB was reporting way low on the website (got down to 1.3 Mhs from a normal closer to 100 Mhs) at the same time this was happening. I have multiple miners all on this same account. I think I see what the problem is.. It wasn't you. |
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when we wait month or two, there will be so many asics digging up bitcoin that difficulty will be in 2 months 16x bigger than now and many of gpu owners will go to litecoin see what happens  The GPU owners migrated from Bitcoin months ago! It doesn't matter what BTC difficulty does, if LTC mining can't pay for the electricity it consumes. As I've always said, LTC (and the other scrypt coins) need a REAL MARKET to have any long term value. That means real services and other things to do with them other than dump them for BTC. And no, two shitty gambling sites doesn't count. |
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My hashrate on CGB is massively underreporting for the last 20 minutes. I realize its just calculating it based on how many shares I submit but it's way off, not just variance off, more like something looks broken off. I verified my miners are up and submitting shares.
Can you post a screenshot of your miner and a copy of your config? |
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