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September 25, 2020, 06:01:47 PM *
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1  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 on: July 10, 2020, 12:22:46 PM
I have an account but I can not reach out the website is there some maintenance going on?

The website is up and working for a lot of people. But you are the second person to ask about the website being down.

Are you getting a Cloudflare page saying our server is down? Most likely it is Cloudflare in your region that is having issues. Unfortunately they always show this error page claiming it is the destination server that is down.

You can wait and try again later. Or if you have another Internet Service Provider then you can try that (for example on mobile).

You can also contact support@bitminter.com and give me your IP address there and I can try to figure out what's going on. Actually I don't need your exact IP address, it's enough with your ASN. It can identify your ISP/network, but not you. You can find your IP address with a free service like https://www.myip.com/ and you could look up its ASN with e.g. https://iptoasn.com/
2  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 on: July 01, 2020, 12:43:44 PM
Thank you all for having mined with Bitminter.

Mining has now ended on the Bitminter servers after 9 years of almost non-stop mining.

Unless P2pool is still around, I believe Slush pool is now the last of the old pools that is still up. I hope they keep going!
3  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01 on: June 13, 2020, 06:34:49 PM
Is Bitminter the last 2011-pool to shut down? Or are there any pools from 2011 still running?

2011 was a year a lot of Bitcoin pools started. Not sure how many it was, but it was quite a few.
4  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: June 01, 2020, 10:53:12 AM
Bitminter shutdown notice

The Bitminter mining pool will shut down mining activities on 2020-07-01. The website will stay up until 2021-06-01 so you can cash out any crypto currency on your account.

It is unfortunate to have to shut down after 9 years of mining. However, to keep going would not be fair to the few miners we have left in the pool. The efforts of miners who have tried to keep the pool going is greatly appreciated. But the pool has shrunk so much that we might never find another block. Attempts to bring big miners onboard did not work out.

A big thank you to everyone who mined with Bitminter over the years. This has been a grand adventure.

The original purpose of Bitminter was to make mining accessible to those who found other mining software difficult to operate. For many of our users mining in this pool was their first experience with bitcoin. I hope you enjoyed it and that you are still part of the bitcoin community.

Hopefully Bitminter was a useful service for you.

Best of luck for the future.
5  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: January 03, 2020, 11:53:24 AM
Today Bitcoin has been live for 11 years!

This would be a good day for another block.
6  Economy / Service Announcements / Re: BitcoinWiki.org The First Multilingual CryptoWiki on: November 07, 2019, 10:59:28 AM
Your page at https://en.bitcoinwiki.org/index.php?title=BitMinter contains links to a fake Bitminter website which is pretending to be Bitminter, but is in reality an investment scam.

I created an account at bitcoinwiki.org and submitted an edit which would remove the scam text and link. Now I see the edit has been rejected and my account has been deleted.

Nice going supporting scams, bitcoinwiki.org.
7  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: July 18, 2019, 10:57:37 AM
It may seem most fair that if you did 10% of the work between the time blocks A and B were found, then you get 10% of the coins paid out for block B. Because "you did 10% of the work needed to find block B".

That may seem like a fair system with no loophole. Unfortunately this is the proportional reward system which has a nasty loophole that gets abused. It is a very unfair reward system. Pool hoppers get paid much more than the 24/7 miners, on their expense.

PPLNS ("pay per last N shares/shifts"), pays the last N amount of work, for some number N. It may feel unfair if you did some work and it was no longer among the "last N shifts" when the block gets found so it didn't get paid. Then a big miner arrives, does a lot of work, after which several lucky blocks are found, so their work gets paid multiple times. It may feel like they are using a loophole. In fact it is completely random and could easily have been the other way around.

With PPLNS when you do a bit of work it is completely random whether it gets paid zero, one, two, or even more times. There is no way to predict it. There is no loophole.

If you feel bad that a big miner did most of the work in a shift that got paid 3 times because we found 3 lucky blocks, while you got "squeezed out" of this shift and didn't profit as much as you would have hoped - it was random. It could have been a shift that got paid zero times. In that case the big miner saved you by taking a larger share of this unlucky period of mining.

Mining is a lottery. Sometimes you get lucky and other times unlucky. The important thing for fairness is that the reward system makes it impossible to know whether future payouts will be high or low. That ensures a fair system with no loopholes.
8  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: July 17, 2019, 08:40:51 PM
There's no other stat anywhere they're keeping an eye on/evaluating, or even gambling on?

They got very good payouts because we had a bunch of lucky blocks in a row.

But that's only due to luck. And you can't predict future luck. So yes, gambling is the right word. But there are no stats or anything at all to improve your gambling odds.

Some people do believe that if you are lucky today then you will be lucky tomorrow as well. Other people believe that if you are lucky today then you have to be unlucky tomorrow because it has to even out. It makes no sense at all. But I guess people have their superstitions.
9  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: July 17, 2019, 06:15:55 PM
No doubt they've a method when to come/go, and how much work to do, to maximise profits..

You can't do this with PPLNS. That is the whole reason PPLNS was invented, to prevent pool hopping.

Pool hopping was a problem in the olden days when pools used the proportional reward method. You can read about it here: https://bitcoin.stackexchange.com/questions/5072/what-is-pool-hopping
10  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: June 26, 2019, 06:57:34 AM
Today marks 8 years since the launch of Bitminter. Thank you to all who mine and mined with Bitminter over the years.
11  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: March 24, 2019, 09:43:01 AM
Since when did the VPN access become blocked? Especially since BitMinter is promoting use of VPN, albeit from another provider.

This network was blocked because of the amount of spam coming from them. I've removed the block - try it again now.
12  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: March 11, 2019, 10:56:14 PM
That's a shame indeed. Hopefully 3 years until the next one.
13  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: January 29, 2019, 01:56:31 PM
Finally that long round is over. Thanks a lot to skywise who found the block!

Apologies for the delay in BTC payouts this time. Prepay users have now been paid and the countdown for confirming the block is now showing correctly at https://bitminter.com/blocks - everyone not using the prepay perk will be paid as soon as the block confirms, as usual.
14  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: January 03, 2019, 05:18:42 PM
Bitcoin went live with the genesis block exactly ten years from today!
15  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: December 31, 2018, 12:11:24 PM
Remember to withdraw your coins in time for the annual Proof of Keys!

https://www.proofofkeys.com/


Thanks for the heads up. Would I need to withdraw them from an exchane like coinbase snd transfer to my blockchain wallet?

The idea is to collect your coins from any places where you don't control the private keys, to wallets where you do.

There are some wallet suggestions at https://bitcoin.org/en/choose-your-wallet

When you click on one, you can see whether it allows you to control your own coins. Some wallets have a green dot next to "Control over your money" and if you click that, it shows "This wallet gives you full control over your bitcoins. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet."

When you hold your own coins yourself, you have to protect them from hackers and make sure you have backups. A hardware wallet can help in case your PC gets hacked.

The advantage is that you actually have your coins. Maybe your coins are held today by the next mtgox disaster. Maybe they already lost your coins, they just haven't told you yet?
16  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: December 31, 2018, 12:13:46 AM
Remember to withdraw your coins in time for the annual Proof of Keys!

https://www.proofofkeys.com/
17  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: December 27, 2018, 11:30:02 AM
Thank you - hope that gives us some luck Smiley
18  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: December 18, 2018, 12:06:14 AM
BCH withdrawals are enabled again.

If you are no longer mining, then please cash out all your coins (BTC, NMC and BCH) from Bitminter.

Proof of keys celebration is coming up. Take control of your coins; withdraw today. https://www.proofofkeys.com/
19  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: November 15, 2018, 04:46:47 PM
BCH withdrawals temporarily disabled

Now starts the BCH hard fork and hash war. This may last for days.

For those who did not withdraw their BCH in time, withdrawals will be re-enabled once the dust settles and there are one or more stable BCH blockchains. You will then be able to withdraw coins on one of these chains.
20  Bitcoin / Pools / Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards on: November 14, 2018, 05:06:34 PM
Last chance to move your BCH from Bitminter before the fork!

Tomorrow, on the 15th of November, there will be a BCH hard fork and an announced hash war. When the dust settles there may be two or more versions of BCH.

BCH withdrawals will be disabled an hour or two before the fork.

Countdown for the fork: https://cash.coin.dance/

Withdrawals will be re-enabled when the dust settles, at an unknown time in the future. If you didn't withdraw in time then you will only have one of the future BCH versions.

Coinbase has promised to handle the fork for you, so you may want to put your BCH there before the fork. There's probably other services/wallets that will do this for you. If you have the technical skill and knowledge then you may be able to do it yourself.

You may be wondering if a BCH hash war will affect BTC (bitcoin). Jimmy Song talks about it in this video: https://www.youtube.com/watch?v=-Gtu_zO4Ws8

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