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You act like there is a zero fee and 106% PPS, but what about sharing the transaction fees to miners?
the fee fluctuation is ok, so I guess there is not much risk for miners Fees on June 30th - 357BTC Fees on July 9th - 157BTC |
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How to connect with this pool?
Hi warzoneug, You can create a new user at connectbtc.com and point your miners to stratum.connectbtc.com:3333. We are still offering a 10% subsidy! |
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sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?
Hi adz1922, The graphs show two main numbers - hashrate and rejected share rate. The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong. If you share your user name or send it to support@connectbtc.com we could take a look and see if there is indeed anything wrong. Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets. You will continue to receive daily payouts regardless of how many blocks the pool finds. As always, we're happy to answer any additional questions you might have. Cheers, Gadi my username is same in here... if by chance the pool finds a block, there will be a reward divided to all workers right? or will it still be paid like this? Your error rate does seem a bit higher than expected. We're looking at the data and will let you know what we find. The PPS plan is all about fixed payment so you are not affected at all by the pool's luck |
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sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?
Hi adz1922, The graphs show two main numbers - hashrate and rejected share rate. The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong. If you share your user name or send it to support@connectbtc.com we could take a look and see if there is indeed anything wrong. Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets. You will continue to receive daily payouts regardless of how many blocks the pool finds. As always, we're happy to answer any additional questions you might have. Cheers, Gadi |
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Are there any pool fees or do we just make a straight 110%? Do you payout daily?
Straight up 110%, daily payouts are done by 12:00pm UTC |
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106% is pretty good. but you have someone else offering 110% for a pps pool.
So why pick your pool?
Other then that I live next to Lakewood, NJ and my best friends name is IRA (an attempt at humor as it is true and I think its funny)
BTW As we all know the world of crypto coins is headed for changes.
The 20 billion USD of mined BTC sitting in wallets is very attractive target. More so then the 5 billion USD waiting to be mined.
Every knows mining alts with gpus and converting to BTC is a viable plan since more then likely more then 100 pc/gpu/component companies can subsidize an alt to make it attractive to mine. The wealth of those companies is over 1 trillion dollars.
Back to your pool your Sp-Tech roots make me want to support your pool.
-ck and kano had a divorce and I supported both of their pools I still do and I sit on the fence about BU and or Segwit.
As I see it BTC waited too long. The idea kano had in 2011 would have solved a lot of issues about speed of confirms.
I am going to take a look at your pool today.
philipma1957, Sorry for the slow response. We are now offering 110% PPS for everyone who starts mining before July 1st. Have you tried to pool out? We would love to hear your feedback |
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So do you mean that you have a voting possibility for miners like Slush pool has?
It means that we are focused on our customer's needs Which means you're focused on running a profit business as much as possible Yes, we are a for profit business. As are the vast majority of our customers. and attempting to dissociate mining from the bitcoin network at large.
There's really no logical line connecting these two claims. How can mining be dissociated from Bitcoin? I'm sorry but currently mining voting is the crucial thing lacking, preventing bitcoin from moving forward and I think your position is unacceptable given lack of miner support is what's preventing successful bitcoin evolution.
You say miners should "vote" and are unhappy they aren't, we get that. This is a discussion to be had with them. You cannot pretend mining is dissociated from bitcoin development as much as they can't pretend mining is dissociated from bitcoin development. At this point in time I'd call it negligent for a pool to not at least have a position with respect to segwit, core, and unlimited, even if that position is 'we don't want change.' If that's what you really want then at least make it clear.
To be clear are you saying it's the pools job to signal? |
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So do you mean that you have a voting possibility for miners like Slush pool has?
It means that we are focused on our customer's needs |
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Are you supporting Bitcoin Core or Bitcoin Unlimited?
We're a mining pool, we support miners. |
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Hashrate jumps to almost 10PH/s since launch on Monday. A big thanks to all those who joined! connectbtc.com |
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Hey its Gadi..
Ex spondoolies running bitmain israel..
Yes, Barbara is also with us and we will do our best to provide the best possible customer experience |
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Lulz so either it fake and you wont be able to get the BITMAIN account to post in here saying it isn't fake ... or worse, it's Bitmain trying to add yet another pool they control while they pretend they don't control a large % of the hash rate. Yep you can't win with either option  Hi Kano, Thanks for responding. The pool is very much real: https://blog.bitmain.com/en/connectbtc-launches-bitcoin-mining-pool-to-public/As for choices, we believe miners can chose for themselves which pool provides them the best service. |
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You act like there is a zero fee and 106% PPS, but what about sharing the transaction fees to miners?
106% percent is sharing the fees without miners taking the risk of fee fluctuation. Pools should reduce risk for miners - not roll it back to them |
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We're excited to announce the launch of ConnectBTC.com
The first pool developed by Bitmain's R&Dcenter in Israel. ConnectBTC pool is developed and operated by Bitmaintech Israel, Bitmain’s first R&D center outside of China, working to innovate pooled mining services, and deliver advanced capabilities to bitcoin mining operations of all sizes. Being the newest product out of Bitmaintech Israel’s lab, the ConnectBTC pool puts the latest in pooled mining services directly in the hands of miners. ConnectBTC’s pool provides highly detailed real-time information and analytics to miners, and gives mining operators a better understanding of their performance, without having to develop custom internal monitoring tools. Signup to enjoy:106% PPS Now offering 110% PPS for users registering before July 1st!- Real time information
- Automated creation of workers, no limitation of number of workers
- Downloadable excel sheets to keep track of historical data
Visit our website at connectbtc.com25PH and going!Join the conversation on Telegram https://t.me/joinchat/AAAAAEI1Msq45F-6F0FGLgFacebook https://www.facebook.com/connectbtcpool/Twitter https://twitter.com/connectbtcpoolemail info@connectbtc.com |
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