Bitcoin Forum
June 19, 2024, 10:40:14 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Pools / North American Mining Pool on: December 10, 2017, 01:42:14 AM
~75% of the Bitcoin network hashrate is pointed at 6 pools, of those 5 are in China.

I myself use a Chinese pool due to the large amount of hashrate going toward it resulting in a steady, predictable daily income.

My question to other North American, or South American or European, Bitcoin miners that use pools:

What would make you switch to a North American pool vs a Chinese or the lone Czech one?
2  Alternate cryptocurrencies / Mining (Altcoins) / ZCash Mining Q&A - Having problems? Thinking about getting started? on: November 04, 2016, 10:55:28 AM
The title says it all.  I'll consider any / all questions you have and point you in the right direction.
3  Alternate cryptocurrencies / Mining (Altcoins) / Community Call for Claymore Zcash GPU Miner Development on: October 09, 2016, 10:24:29 PM
The announced Zcash release date is just 18 days away and the community STILL does not have a GPU miner available.  There have been some projects developing an open source miner, reports of a few private miners, and there is even a miner that is auctioning off hash from their rigs running their private miner.

With ETH's eventual transition to POS, there are A LOT of miners looking seriously at Zcash (me being one of them).  I currently use Claymore's dual ETH/DCR miner and would definitely use a Zcash miner should he choose to release one.  The 2% fee he charges would be no problem and I think a lot of others agree.  It would ensure we get in the door early, reduce centralization (currently we have CPU miners pitted against privatized GPU mining software), and likely make Claymore beaucoup bucks.

Trying to get a gauge on how much of the mining community would use a Claymore Zcash miner for my own personal curiosity in addition to bringing it to Claymore's attention in the hopes to motivate him to begin work.

What do you all think?
4  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][C-CEX SCAM COIN 2.0][ICO][ROM] on: August 07, 2015, 11:22:27 PM
Fourteen scam coins created and listed to c-cess in they last 30 days.  All have been initially pumped using the markets own funds, dumped, and abandoned. 

This coin well break the mould.  Act fast.  ICO closes Dion.
5  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [C-CEX COIN] [ICO] [EXCHANGE FUNDS BUY] [EXCHANGE FUNDS PUMP] on: August 07, 2015, 09:32:22 PM
Have any extra BTC you need to part with?  Invest now.  Easiest way to participate is to pick a random address on any block explorer and send your BTC to it.  Guaranteed losses, act fast.
6  Alternate cryptocurrencies / Service Discussion (Altcoins) / CCEX COLLUSION ON ICO SCAM - VERSA on: July 20, 2015, 03:51:30 PM
Get the word out.  ICO are scammy, but I've never seen such blatant collusion between an exchange and dev. 

Stay away from ccex.  Take to Twitter, spread the word.  Community take a stand against this.
7  Economy / Scam Accusations / C CEX Pulled Inside ICO Scam with VERSA on: July 20, 2015, 03:48:59 PM
Get the word out.  ICO are scammy, but I've never seen such blatant collusion between an exchange and dev. 

Stay away from ccex.  Take to Twitter, spread the word.  Community take a stand against this.
8  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [MPF] Manta Pool Fund | Low Fees | Proven Methods on: July 19, 2015, 07:25:27 AM
Manta Pool Fund


Welcome to the Manta Pool Fund thread. Thank you for your interest.

                                           MPF serves as a consolidated mining fund utilized to mine BTC at various mining pools during optimal return periods.  Shares of the fund are distributed using colored coins that are carried and tracked on the bitcoin blockchain.  Colored coins were chosen in order to aid in accounting and distribution of rewards and to promote transparency in the process.  

Mining pools use various methods to determine a miner's share of each block's rewards, some of these methods are more easily 'gamed' than others.  Determining the best times to leverage large amounts of hash to maximize rewards is at the heart of my method.  I consider many variables including, but not limited to, net hashrate, pool hashrate, rental prices, and pool trends in order to determine the best time to dedicate hash to a particular pool.  This method has been very successful and I have the confidence in this system to offer it to the community in order to dedicate increased funds / hash to the process.
Participation in the MPF is as follows:
1. Download a colored coin friendly wallet or sign up for an online one such as Coin Prism.  Fund this wallet with the amount of BTC you wish to use to purchase MPF1.
2. Send increments of 0.1 BTC to akCrn2uR2vH9pfBnueTmj1UaTCvE9gD1RgR.  Upon close, MPF1 will be issued to you at a rate of 1 x MPF1 for 0.1 BTC.  It is IMPERATIVE you use a colored coin friendly wallet when making your initial transfer or the MPF1 will be lost.
3.  Once pool is closed (timer at bottom of ANN), all BTC will be transferred to 1KYYm18nzjvQaVfJJ9hCmWc5cn1vAyJnuU.  This step is necessary in order to create and issue MPF1.  You will, in turn, be issued 1 x MPF1 for each 0.1 BTC you have put into the pool.  Any remaining dust will be given back to you at this time (for instance, you send 0.15 BTC, you will receive 1 x MPF1 and 0.05 BTC - partial shares are not allowed).
4.  The BTC is then transferred to 3JLnmqJiXjVuESmmzDEt36v2KacP3za7ie (Nicehash account).  This will be completely used for rental fees over one or more mining sessions.  It generally takes approximately one week or less for this to happen, dependent upon current mining conditions.
5.  Mining rewards are sent to 1KYYm18nzjvQaVfJJ9hCmWc5cn1vAyJnuU (same address from step 3).  Upon confirmation and award of all mined funds, individual rewards will be determined and distributed.
6.  Rewards are calculated using the following methods:
    a) Net Gain (profit) - Each share of MPF1 will be rewarded with the original amount sent (0.1 BTC) along with 80% of the profit per MPF1.  20% of only the profit is retained for fund fee.
    b) Net Loss - Each MPF1 is rewarded with an equal amount of the mining rewards.  I do not keep anything in this scenario.
7.  This is the end of the cycle.  The MPF1 you were initially issued will still be available to you, but will not have any further value for the Manta Pool Fund.  Dependent upon community interest, additional single run MPFs (MPF3, MPF5, etc) will be created and this cycle repeated.  Even number MPFs (MPF2, MPF4, etc) will be utilized for longer-term cycles in which original pool amount is rolled back into the mining fund while profits are distributed.
MPF1 is not intended for trade on any exchanges nor will it realistically have any value after reward distribution.  Rewards will be transmitted to the same address that initially "purchased" MPF1, THERE IS NO VALUE IN BUYING THIS ASSET FROM A THIRD PARTY AFTER THE INITIAL POOL
A more comprehensive explanation of the CoinPrism process can be found here.

Pool Countdown Timer
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!