Latest posts of: urstroyer

yourbtc.net closing it's doors on 2011-12-08

Hello fellow miners,

it was really a hard decision for me but i'am going to close this pool within the end of day.

I underestimated the amount of time it takes to operate that pool and can't combine it with my fulltime job and private life any longer.
If anyone is interested in taking over the pool, just let me know.

When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
So you will receive some additional payouts, just like you would have stopped mining for a while.

Please don't be sad, there are lots of other great pools out there:

- Eclipse MC (http://www.eclipsemc.com) another great double geometric payout pool
- Bitminter (http://www.bitminter.com) another really cool pool, the webfrontend and charts are awesome
- ABCPool (http://www.ABCPool.co) 0% pps, those guys who run this pool have to be crazy not taking a fee

I would like to thank all of you, who trusted in yourbtc.net! Special thanks to Meni who consulted me very well and invented this awesome DGM payout method.

@Mods: please unstick me again, i think Eclipse MC is the pool, that should be sticked instead. Thanks and sorry for inconvinience.

---- Old Post ----

Welcome to yourbtc.net,

we are proud to present our Bitcoin Mining Pool with Double Geometric Payout Method.

Right now, we offer this service at NO FEE!

Please note, that the pool just started and pool hashrate takes some time to grow. So the first block can take a while. Just relax and keep mining here, your expected payout won't suffer.

We appreciate donations to keep this service up and running. Feel free to adjust the donation percentage in your User Account.

If you are interested, visit us at: http://www.yourbtc.net

Status Report
- Pool Frontend: Up and Running
- Pool Backend: Up and Running
- Registration: Open

So what makes yourbtc.net the first choice for Bitcoin Mining?

Double Geometric Payout Method
Merged Mining
No Fees - optional Donation of 2% can be adjusted
Single Sign On with your existing Google, Yahoo or Facebook Account
Long Polling and Low Stale Percentage
Custom build Web Frontend
SSL Certificate - please use https://yourbtc.net
Individual and interactive Statistics
Automatic and full Decimal Payouts
Shoutbox and E-Mail Support
JSON API
Many additional features added almost daily

Finished Promotion
Each Round Share from count 1 to 1,000,000 receive 0.00001 BTC bonus - finished September 20, 2011
Each Round Share up to 1,000,000 receive 0.00001 BTC bonus - finished September 28, 2011

Advantages of Double Geometric Payout Method

This method was invented by Meni Rosenfeld, detailed information can be found here: https://bitcointalk.org/index.php?topic=39497.0

Low Variance Mining
This method offers steady income per share similar to PPS. We take the risk of long rounds and pay even when the pool buffer runs out.

Pool Hopping Proofed
Pool Hopping on yourbtc.net does not increase income, to make sure, everyone will receive a fair value for submitted shares.

Double Geometric Variables
f (Fixed Fee) = -1
c (Variable Fee) = 0.5
o (Cross-Round Leakage) = 0.5
c+f-cf = 0 (Average Total Fee)

You are welcome to ask any questions or leave a comment in this thread. Thanks!

Hope to see you soon and may the hashpower be with you,

Chris aka urstroyer