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Author Topic: Bitparking PPCoin Pool [closed]  (Read 22706 times)
doublec
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September 11, 2012, 03:01:19 AM
 #1

Pool closed, sorry. From the pool page:

Quote
I regret to inform that I've decided to close this ppcoin pool. With the large recent increases in PPCoin price and the variance of finding blocks with the ppcoin network combined with the 512 block maturity time it's become to risky for me to keep operating. In the last few days the pool has lost 10,000 PPC out of reserves and I'm not willing to fund out of pocket at the current prices. Thanks for mining here and I recommend coinotron.com or vpool.us. Withdrawls remain enabled for a few days and then I'll automatically withdraw to all user addresses.
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Tittiez
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September 11, 2012, 03:44:46 AM
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You didn't... oh my god I love you.
doublec
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September 11, 2012, 03:49:35 AM
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The variable difficulty stuff is only recently implemented so if you see problems let me know. I haven't enabled that on my other pool yet but I will do once it's seen a bit more testing.
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September 11, 2012, 11:34:16 AM
 #4

Any PPCoin mining / profitabilty calculator ?

Is it on BTC-e ? I wanna pump and dump this ...
Vorksholk
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September 11, 2012, 12:06:30 PM
 #5

Amazing, PPS is awesome Cheesy

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September 11, 2012, 04:24:12 PM
 #6

I started mining with Bitparking pool this morning, but I didn't put in a withdraw address.  Am I just mining for DoubleC at this point, or will I eventually be able to withdraw my PPCoins?

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September 11, 2012, 07:22:47 PM
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I started mining with Bitparking pool this morning, but I didn't put in a withdraw address.  Am I just mining for DoubleC at this point, or will I eventually be able to withdraw my PPCoins?

Ask doublec to fix it.
AndyRossy
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September 11, 2012, 07:50:01 PM
 #8

Awesome job, good to see another PPC pool.
abbeytim
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September 11, 2012, 09:05:18 PM
 #9

withdraw not working says insufficient funds




double c go by more coins!!!!!!!!!!!!!!!!
Rubberduckie
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September 11, 2012, 09:42:41 PM
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withdraw not working says insufficient funds




double c go by more coins!!!!!!!!!!!!!!!!

Hey Tim, it's working for me

doublec
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September 11, 2012, 10:36:09 PM
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withdraw not working says insufficient funds
double c go by more coins!!!!!!!!!!!!!!!!
Done, sorry about that. Pool was more popular than expected!
doublec
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September 11, 2012, 10:37:17 PM
 #12

I started mining with Bitparking pool this morning, but I didn't put in a withdraw address.  Am I just mining for DoubleC at this point, or will I eventually be able to withdraw my PPCoins?
PM me your account details and I'll look into it.
abbeytim
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September 11, 2012, 10:38:01 PM
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 Cry  well  its not for me
abbeytim
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September 11, 2012, 10:39:24 PM
 #14

user abbeytim

ltc address PJivZamJbjhra76sEb4rXDcYiopu4VEDi7
abbeytim
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September 11, 2012, 10:40:46 PM
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recieved ty  Grin
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September 11, 2012, 10:42:25 PM
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its working now  Cheesy
Tittiez
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September 11, 2012, 11:13:09 PM
 #17

5000 Shares
0.00001856/share (100% PPS)

BTC: 5000*0.00001856= 0.0928BTC

5000 Shares
0.10867260/share (97.5% PPS (fee))
1PPC = 0.00017504/btc (Current Sell Price)

PPC: 5000*0.10867260= 543.363PPC
543.363PPC*0.00017504=  0.0951BTC

5000 BTC Shares = 0.0928BTC
5000 PPC Shares = 0.0951BTC


That is why the pool is popular doublec. Once it drops in profitability your hashrate will begone. At the moment mining PPC makes you 102-103% BTC.
Rubberduckie
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September 11, 2012, 11:26:54 PM
 #18

5000 Shares
0.00001856/share (100% PPS)

BTC: 5000*0.00001856= 0.0928BTC

5000 Shares
0.10867260/share (97.5% PPS (fee))
1PPC = 0.00017504/btc (Current Sell Price)

PPC: 5000*0.10867260= 543.363PPC
543.363PPC*0.00017504=  0.0951BTC

5000 BTC Shares = 0.0928BTC
5000 PPC Shares = 0.0951BTC


That is why the pool is popular doublec. Once it drops in profitability your hashrate will begone. At the moment mining PPC makes you 102-103% BTC.


That's working on the assumption that price stays the same. It looks like there's a lot of folks mining PPCoin so my guess is that the price may well go up.

Either way it'll be interesting to watch Smiley

doublec
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September 11, 2012, 11:27:56 PM
 #19

That is why the pool is popular doublec. Once it drops in profitability your hashrate will begone. At the moment mining PPC makes you 102-103% BTC.
Yep, the same thing happened during the early namecoin days. People would hop to my namecoin pool when the namecoin price reached a point where it was more profitable to mine them and sell for bitcoins. I'm expecting a drop in hashrate when the price drops. Unless people start using PPCoins for something of course. Some will remain interested to see what happens with proof of stake as well.
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September 11, 2012, 11:41:36 PM
 #20

its working now  Cheesy

Hi Tim.

Just sent you a PM Smiley

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