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Economy / Scam Accusations / Re: ExtStock exchange - fake volume, fake buy/sell orders
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on: May 04, 2020, 05:41:56 PM
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The exchange is a complete fraud and you will never withdraw anything you deposit. If anyone says different I believe they are part of the scam. I sent an old alt-coin here to trade as it was one of the only places that listed it. The KYC process was fast and easy, but that is where it stops. They want you to show them a license that does not exist in order to trade your now useless USD balance. You also need a minimum 1000 USD withdraw, my guess is hoping some will send more in hopes of getting back what is stuck/lost. Reddit and other social media has many users complaining of same exact run around. They also will not allow any comments on their Twitter posts. I lost $120 worth of an old alt-coin, hopefully this will prevent someone else from falling victim to these thieves.
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Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [Official] Mintsy.co Thread **News, Updates, Information, Questions**
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on: March 16, 2015, 09:34:25 PM
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do you have a beta user thread going for bug reports? I have found a few glitches and some work arounds. For instance, splitting hash rate between minsty pools on SHA seems to work fine for my rigs, but adding an external pool seems to throw it into 100% rejects. Same external pool will work fine if you point 100% to it. Also many times when do that, it will hang and not work getting all rejects. I have found that restart cgminer on the rig fixes it, and the problem looks like 10.1K diff and all discarded on the rig side. After restart the diff will go to more normal size like 1.1k on my S5's and hashing will resume.. I also catch it on rentals who rent my rig. They try either a non working pool or to split it in a way that puts it in this state. If i do not catch it they can be stuck for hours with zero hashing, restarting cgminer for them fixes.
Solo mining pools also have very hard time if put into a split hash rate, but seem to work ok at 100%. Terraminer rigs seem to work only on mintsy pools, and will not hash on external pool if split or not.
And also I would really like to know if and when rental payments will be released, or what exactly is happening with that?
Hey roger! I'm the dev for the backend of Mintsy here, loved your input on the diff and issues you're having. We're away of the dropoffs and have been getting them a lot on our side of things with the contracts. Have been trying to figure out why its been happening and its been hard because I dont have access to the contract rigs. Going to get Paul to make the vardiff changes on the pool and would love to hear continued feedback from you since you provide awesome detail on these things. Rental payments will go going out real quick here, the guy writing that stuff is writing up an escrow feature and testing it right now. Users only pay for what they actually get. Thanks for the reply Matt. I think this issue has something to do with the way stratum works. I might be way off here, but I might see this problem happen in a different way and always has on every pool. If a pool lets you set a min diff on the pool side and you try something very large like 4k on a slow rig and then decide you want to lower it, or even just let it auto determine the diff, so you change it back, on the pool side, it will always stay stuck on the higher diff even 24hrs later if I check the rig and look at what its getting. It is like it can not go backwards for some reason, and you have to reconnect to the pool to fix it. Restart cgminer fixes or even just pulling internet for a few seconds. You might want to try just dropping the connection and reconnecting, as starting over seems to fix it, if it is indeed a problem with diff being stuck way to high. |
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Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [Official] Mintsy.co Thread **News, Updates, Information, Questions**
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on: March 16, 2015, 07:10:59 AM
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do you have a beta user thread going for bug reports? I have found a few glitches and some work arounds. For instance, splitting hash rate between minsty pools on SHA seems to work fine for my rigs, but adding an external pool seems to throw it into 100% rejects. Same external pool will work fine if you point 100% to it. Also many times when do that, it will hang and not work getting all rejects. I have found that restart cgminer on the rig fixes it, and the problem looks like 10.1K diff and all discarded on the rig side. After restart the diff will go to more normal size like 1.1k on my S5's and hashing will resume.. I also catch it on rentals who rent my rig. They try either a non working pool or to split it in a way that puts it in this state. If i do not catch it they can be stuck for hours with zero hashing, restarting cgminer for them fixes.
Solo mining pools also have very hard time if put into a split hash rate, but seem to work ok at 100%. Terraminer rigs seem to work only on mintsy pools, and will not hash on external pool if split or not.
And also I would really like to know if and when rental payments will be released, or what exactly is happening with that?
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Economy / Speculation / Re: Losing faith
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on: November 21, 2014, 04:40:34 AM
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more merchants = more price dump
The problem with that is assuming consumers buy less bitcoins than they spend, which is impossible. Unless the majority of coins spent are mined and not actually purchased. Yeah, but miners only buy hookers and blow. and weed, don't forget the weed |
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Economy / Speculation / Re: Losing faith
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on: November 21, 2014, 04:32:50 AM
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more merchants = more price dump
The problem with that is assuming consumers buy less bitcoins than they spend, which is impossible. Unless the majority of coins spent are mined and not actually purchased. |
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 18, 2014, 11:23:58 PM
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do you think Ghash/cex.io had anything to do with today's crash? If you check bitcoinwisdom you will see there is a dump of over 1.2 PH of GHS corresponding just before the BTC dump that caused the price drop.
Interesting. Are you suggesting that some large miners shut down and are dumping some of their holdings? If we keep on this way, I suppose that's inevitable at some point. Yes, the charts show it. 120k+ GHS dumped just before BTC price drop. Unless they just has great instinct/foresight that price was about to drop and sold/sold just before. |
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Bitcoin / Pools / Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
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on: August 17, 2014, 09:15:16 PM
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So it boils down to we need enough hash power to expect a result of statistical significance +/- 5%. In order to acheive that in a 14 day period there has to be a number we need to reach or pass in hash power. I think we did fine with 1% or more of network speed. I am sure someone can do the math, but just a guess is 1 to 2% of total should get us within a range that we can honestly say you make the same here or there over time.
I played poker for a living back in the day. I know AA vs KJ is 80% fav, but I would not want to have to base my poker career of one hand. I would never want to bet it all on that one hand. Now if someone gives me those hands and says winner best of 100, I might bet it all on the AA. If they gave me best of 10,000 it is a no brainer I will take the bet for sure. So how many hands doe we need to play in 14 days (hash power) to expect a result of any statistical significance?
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Bitcoin / Pools / Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
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on: August 17, 2014, 02:08:59 AM
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Sorry guys I had to jump ship. I know you can expect the same payouts over time either way, but there is another factor involved. The odds keep increasing against us every 14 days. If the difficulty remained constant then yes I would agree you get the same pay over time eventually. But the fact is when the odds change every 14 days, you do not have infinity to make up for the variance. You have 14 days and if you have horrible luck, well you have to make it up now with even harder odds.
I think the logic that you eventually get same pay only holds water if diff remains constant. Matter of fact if pool speed remains same or drops, you can expect less and is highly unlikely you will ever regain what you lost during the bad time.
I really like this pool, not sure what is keeping another couple petahash from joining us. If we could hit about 3PH I think we would be able to hold our own, but for now I just can not afford the gamble.
Difficulty has slowed in growth. Stick it out. Over the long run, your payout will be the same regardless of the size of the pool. EDIT: added end of sentence for clarity that his payout is not going to grow from one pool to the next. His variance will change. Either your logic is flawed or Pooled mining is no different than solo mining then. If your payout remains the same regardless of hashing power, why not everyone just solo mine then? If difficulty remained constant your logic would hold true. Fact is you need to come close to what you should earn every 14 days or there is no getting those days back. |
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Bitcoin / Pools / Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
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on: August 16, 2014, 11:11:50 PM
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Sorry guys I had to jump ship. I know you can expect the same payouts over time either way, but there is another factor involved. The odds keep increasing against us every 14 days. If the difficulty remained constant then yes I would agree you get the same pay over time eventually. But the fact is when the odds change every 14 days, you do not have infinity to make up for the variance. You have 14 days and if you have horrible luck, well you have to make it up now with even harder odds.
I think the logic that you eventually get same pay only holds water if diff remains constant. Matter of fact if pool speed remains same or drops, you can expect less and is highly unlikely you will ever regain what you lost during the bad time.
I really like this pool, not sure what is keeping another couple petahash from joining us. If we could hit about 3PH I think we would be able to hold our own, but for now I just can not afford the gamble.
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Bitcoin / Pools / Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
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on: July 04, 2014, 08:57:36 PM
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That being said, would it be worth lowering the set difficulty in the miner to 512 (the next lowest setting) and setting min diff in the worker setting on bitminter to the same?
If you think 1024 is giving you too much daily variance then you can do this. I think 1024 should be fine though. I have found that if you set the diff in the miner to anything equal to or lower than the diff size sent from pool they run fine. If diff from pool is smaller than work size set in miner config, they run very slow. I set mine to 128 in the miner and this way even if pool starts off at diff 1 it can do them fast enough to get past 128 and will eventually hit 1024. Best is just set worker for pool to 1024 and 128 or 256 on miner end. I go with lower (128) since backup pool cant set the min diff. |
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