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Author Topic: [DOWN] Bitlc.net - P2SH, No invalid blocks, Custom payouts, EU, 0% fee, LP  (Read 170985 times)
jarsumarsu
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March 22, 2012, 03:38:42 PM
 #1121

Over ten million shares, almost three days and not solved yet.  Undecided 
Maybe this will be for some sort of world record. Grrrrrrrrrrrrrrrr.
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jarsumarsu
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March 22, 2012, 05:12:41 PM
 #1122

Finally solved!  Cheesy
eroxors
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March 23, 2012, 03:40:44 PM
 #1123

Another long block :/ when is our luck going to turn around?

Don't get caught up in the game and have a nice day!
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March 26, 2012, 08:53:31 PM
 #1124

When will the pool be changing the payout method?

Don't get caught up in the game and have a nice day!
Jine
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March 26, 2012, 09:01:36 PM
 #1125

It's on it's way, I've been a bit busy lately.
I asure you that it's going to happen as soon as possible.

We do not have any current ETA or similar. I'll update you guys here when the time comes.

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
RoloTonyBrownTown
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March 27, 2012, 07:38:08 AM
 #1126

No rush Smiley

organofcorti
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March 29, 2012, 11:02:12 AM
 #1127

tell you what, i don't mind paying a fee if you're willing to keep this pool prop.

...but then again, i guess i'm just a single person here willing to do that.

I think a fair few of us would be happy to do that.

OK, the fee is 50% for any shares submitted in the first (1/2 difficulty) shares of a new round. Added to a fund that is payable to shares submitted after 1/2 difficulty is elapsed. You might have figured out how to hop that a bit by the time the pool goes PPLNS anyway.

Only just saw this, and sorry to necro a dead post, but it took all of ten minutes to figure out how to hop this back when bitcoinpool started the exact same tax. Don't let people think this is in any way even a stop gap solution, Deepceleron. And as for DGM vs PPLNS, why would you go for PPLNS? It's just a subset of DGM but without the flexibility.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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March 30, 2012, 11:54:51 AM
 #1128

Surprised the tool is still a top 10 since others are maintaining a higher average hash rate, hopefully the tide will turn..

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
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April 02, 2012, 01:45:25 PM
 #1129

Any ETA for the reward methog change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.
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April 05, 2012, 10:00:39 PM
 #1130

Any ETA for the reward methog change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.

Yeah, it goes from 150 gh/s to 600ish after a block is found, then drops back down... pretty obvious what is happening. Right now I'm using p2pmining.com until the new method comes online.

Don't get caught up in the game and have a nice day!
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June 06, 2012, 12:35:40 AM
 #1131

Any ETA for the reward methog change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.

Yeah, it goes from 150 gh/s to 600ish after a block is found, then drops back down... pretty obvious what is happening. Right now I'm using p2pmining.com until the new method comes online.
Anxiously awaiting PPLNS.  Smiley
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June 25, 2012, 07:37:08 AM
 #1132

waiting for this to come back alive Huh

In the Beginning there was CPU , then GPU , then FPGA then ASIC, what next I hear to ask ....

1RaTTuSEN7jJUDiW1EGogHwtek7g9BiEn
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June 25, 2012, 07:45:36 AM
 #1133

Sorry for the downtime, an unexpected software crash...
I have no actual idea why it crashed tho, going to investegate it further when i get back home in a few hours.

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Bit LC Inc.

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
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August 17, 2012, 10:11:11 AM
 #1134

Any ETA for the reward method change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.


Bump

any time in not that long future or?
Jine
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September 04, 2012, 12:52:10 PM
 #1135

I'm currently investigating the possibility of getting help from others to implement PPLNS - as you may notice that my attempts have failed and/or been so heavily delayed.
There is still plans for this, don't give up yet!

I must also apologize for the people that have sent e-mails to us during the summer, all of them should have got replies now - but I'm truly sorry that it took so long for some of them to get replies.

My top priority for Bit LC Inc. / https://www.bitlc.net/ right now is PPLNS, trust me on that one.

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Regards, Jim
Bit LC Inc.
jim@bitlc.net

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
Shadow383
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September 04, 2012, 01:51:29 PM
 #1136

I'm currently investigating the possibility of getting help from others to implement PPLNS - as you may notice that my attempts have failed and/or been so heavily delayed.
There is still plans for this, don't give up yet!

I must also apologize for the people that have sent e-mails to us during the summer, all of them should have got replies now - but I'm truly sorry that it took so long for some of them to get replies.

My top priority for Bit LC Inc. / https://www.bitlc.net/ right now is PPLNS, trust me on that one.

--
Regards, Jim
Bit LC Inc.
jim@bitlc.net
Is there some reason why the pool's totally down at present?
Jine
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September 04, 2012, 01:53:43 PM
 #1137

Yep, I'm working on it Smiley

It went down about 13 minutes ago due to a MySQL failure (hung process) - reboot in progress.

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
Jine
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September 04, 2012, 02:12:33 PM
 #1138

1) Our upstream ISP seems to have a few issues - i get tons of reports of OTHER servers and services crashing.
2) Our MySQL hung due to a PPLNS-test implementation, sorry for that (my fault)
3) Rebooting everything and restarting it in the correct order.

ETA 5-10 minutes max.

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
Jine
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September 04, 2012, 02:20:21 PM
 #1139

It's our upstream ISP's thats malfunctioning. Doesn't seem to be an attack. Our 10GE core is still alive, but the rest is down...
I'll keep you guys updated as much as i can. Bitlc.net will boot up automatically when the issues are resolved.

ETA - No idea, it's not just us.


EDIT 20 minutes later:
All systems are back online, an ISP technician are on his way to the DC to investigate WTF just happened.
It was a really bad coincidence as i lost all control over my environment at the same time i accidentally cased the MySQL server to hung.

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
Lem
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September 15, 2012, 11:17:13 AM
 #1140

This morning I've been trying to withdraw a tiny amount from my wallet (a few bitcents). The answer is: "Request error: Insufficient funds".

To me it looks like the last three block rewards haven't been transferred yet from the pool "rewards address" to the pool "paying addresses":
http://blockexplorer.com/address/14jncAC9isL5LE76ceiXPXjr9N7iG4v7Xy

Just to let you know.

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