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181  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool (3%) - Mobile Friendly on: July 04, 2013, 05:18:12 PM
Doing a little bit of clean up. The pool will seem a little slow for the next few hours. Mining is still working with no problems. Basically we are in maintenance at this time. Its mostly cleaning up old share data we no longer use

Actually I've noticed that the site is much much much faster than before, even with this slow down of yours. Kudos on that! The mobile site is also what's keeping me from moving over to another pool even though the other pool has a lower fee. Great job all around!  Cheesy

Thanks for the great feedback. The mobile addition has been a great addition to the pool I agree. I use it all the time.

Thanks for being part of the pool
182  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool (3%) - Mobile Friendly on: July 04, 2013, 05:06:36 PM
maintenance is complete. Scripts are back running. Everything is normal Smiley
183  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool (3%) - Mobile Friendly on: July 04, 2013, 01:26:03 PM
Doing a little bit of clean up. The pool will seem a little slow for the next few hours. Mining is still working with no problems. Basically we are in maintenance at this time. Its mostly cleaning up old share data we no longer use
184  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool (3%) - Mobile Friendly on: July 03, 2013, 08:40:46 PM
Updated our about page with full API information.
185  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: July 03, 2013, 08:07:32 PM
Lots of new miners. Almost to the 200 MH/s goal. Welcome to many of you.

Just a few things to do when you login.

Set your Litecoin address.
Set your auto pay. This way your coins are sent directly to you and not sitting on the pool.

Many hashers between 1,000 mh/s to 5,000 mh/s set auto pay to 5 LTC
5,000-10,000 set auto pay to 10 LTC
10,000-20,000+ set auto pay to 20 LTC

This way you done get a ton of payments but also dont leave a bunch of LTC on the pool. Remember this is your money.

I always have the full amount to cover all withdraws. I have scripts that continue to monitor the Hot Wallet. Get paid when you want it.
186  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: July 03, 2013, 01:10:05 AM
Pool is now set for mining difficulty of 64. This will reduce load on the server and relax your bandwidth Smiley
187  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: July 02, 2013, 02:42:20 PM
Lots of new miners have come over due to recent events of a pool that had funds stolen from them. A few things to make sure I am up front about funds.

Hot wallet and cold storage.

Our hot wallet is monitored constantly. I make sure their is enough funds to cover withdraws. However, I also protect against accidents and/or hacks. I also cover account founds like an insurance policy. I have enough reserves as I am one of the original adapters of Litecoin.

I transfer funds in and out to make sure we run lean however we can cover withdraws as they are needed (auto and such).

My suggestion is to have Auto payout setup. Set it to 5 ltc and let the system pay you out over time.

I will not leave thousands of Litecoins in our Hot wallet. This has way to much risk. So rest easy that you will be paid.

188  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: July 01, 2013, 02:00:46 PM

You're missing the part where I'm an elitist jerk, and don't care about the pool owner. Wink

joking :p actually thanks for the post very informative.

Hahaha.. your going to fit right in Smiley hahaha!!!
189  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: July 01, 2013, 12:32:47 PM
Decided to check out the pool. Pretty cool. My only complaint is of course the 3% fee is rather steep.

Well welcome to the pool and thanks for giving it a try.

For a little perspective on why our fee's are at 3%

First here is an example on other PPS pools:

Litecoinpool.org = 4% fee's (started at 5%)
Ltcmine.ru = 3.3% fee (started at 2%) recent change

These two pools have been around for at least a year. Litecoinpool being the longest.

They both adjusted their fee's due to risk, orphans, etc. Basically they adjusted their pool fee's to match cost.

PPS is Pay Per Share. The pool takes all the risk. Long rounds, orphans, etc. You get paid for each share you submit no matter what. The value of each share is the same across the difficulty length.

Now quickly compare to a PPLNS pool that is 2% fee. This fee goes straight to the pool owner. Your share value will change throughout the difficulty period. Long rounds will make your share value a lot less then what your making on a PPS pool. Course short rounds will be increased in value. But this is what we call variance. PPS takes all the variance risk and you get paid one given price.

If you look at Bitcoin PPS pools which is the most favored btw. The lowest PPS pool is 3%. BTCGuild just raised theirs to 7% was at 5%. Ozcoin got rid of it. mtred at 0% closed its doors because variance drained their buffer. EclipseMC is 5%. This is why fee's for PPS makes sense and why we are at 3%

Hope this makes a little bit more sense. I have done a couple weeks at 0% fee's. Basically given back to the miners some of the good luck the pool has had.

If you have a chance take a look at this post. https://bitcointalk.org/index.php?topic=104664.0 It gives you risk/reward and why people use it. Bitcoin Pool fee's. Etc.

Here is about how each payout works

https://bitcointalk.org/index.php?topic=104664.msg1146110#msg1146110
190  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: July 01, 2013, 02:11:39 AM
Lots of new miners on the Pool. Welcome to everyone.
191  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: June 30, 2013, 10:08:28 PM
Updated to the latest Mobile features. Enjoy the new dashboard Smiley
192  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: June 30, 2013, 03:59:37 PM
Huge changes guys and wanted to post it up as it might effect just a few people still using getwork.

Getwork has some flaws where people love to spam LP causing all system resources to be used. Last night someone decided to do such a task which made work very slow or unresponsive. Port 9332 was then closed and all issues where resolved.

Where does this leave getwork. Well its time to upgrade your miners, or if this is not possible, setup your own getwork proxy.

cgminer already has stratum support and works very well. there is no reason not to use stratum.

Make sure your mining URL is stratum+tcp://pool.ejpool.info:9333 . Yes cgminer does have auto detecting of stratum but its good practice to use the correct protocol.

Need help for getwork proxy?

If you have more than one miner (especially CPU miners) running within a local network, it is best to use the Stratum proxy for Litecoin mining. This proxy allows you to achieve a lower rate of stale shares while reducing your bandwidth usage. The Python source is available here, and a binary for Windows here. You start the proxy on one of your machines as follows:

mining_proxy -nm -pa scrypt -o us.litecoinpool.org -p 9333

Then you connect your miners to that machine on port 8332 with the usual pool worker username and password.

Need to update your cpuminer?

Thanks to Pooler on taking the time to upgrade cpuminer to use stratum. This can be downloaded at the following location.

http://sourceforge.net/projects/cpuminer/files/

To sum things up port 9332 is now port forwarded to 9333. This way for anyone running stratum they will be able to connect with no problems and you may have only noticed a brief outage.

Elitist Jerks is running the latest code for all pooled mining. Getwork is out dated protocol and anyone still mining with it needs to upgrade.

If you have any issues upgrading or using stratum please let me know
193  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: June 29, 2013, 05:08:28 PM
Added some new stuff features to the mobile half. Have a look Smiley
194  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: June 29, 2013, 01:59:14 PM
AWESOME! PPS, thanks ops Smiley

Cheers.. welcome to the Pool!
195  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool on: June 29, 2013, 01:07:05 PM
Which app is it again. I know you posted it in the channel but i missed it.

CryptCoin Monitor

Thanks man. Added it to the front post. I will add it somewhere on the pool also
196  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool - Mobile Friendly on: June 29, 2013, 11:48:16 AM
The week is over. 3% fee is back in place. 3% fee is more then fair as will no longer have a withdraw fee.

0 Fee's for withdraw's. Minimum is 1 LTC. Auto Withdraw has been working fantastic.

Lots of great feedback about our Mobile friendly addition. Most every single miner should enjoy this. Smiley Give it a try!
197  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool on: June 29, 2013, 11:33:48 AM
Which app is it again. I know you posted it in the channel but i missed it.
198  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool on: June 28, 2013, 07:45:53 PM

nope didn't work, it states on git that you have to be admin to be able to pass the parameter getuserworkers

Ok this should now be working for you as its not admin only now
199  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool on: June 28, 2013, 07:14:10 PM
Huge addition to the Pool.. We are now Mobile friendly. Just visit http://www.ejpool.info and you can check up on your hashrate, shares, blocks, etc. We will have more information on the mobile friendly end soon
200  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC POOL][PPS] Elitist Jerks LTC PPS Pool on: June 28, 2013, 04:11:44 PM
Well I need to get the api information updated on the about page i feel.

If you need a certain api that I dont have just let me know and I will get it added.
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