PeerMining.us ¦ PPLNS / PPS ¦ BTC ¦ USA Based ¦ Incentive Programs

[BTCMiners.net]

New mining pool, http://www.PeerMining.us/

No registration required
Daily payouts
PPLNS BTC Mining / PPS BTC Mining
Great for new/small miners as well as large GH/s miners
Live statistics via P2Pool
Dedicated Server
8GB ECC Memory
2x 250GB Intel SSD on RAID 1
1Gbps single mode fiber connection
USA Based - Denver, CO (colocated with company from Arizona)
Xenforo Forums for our Miners.

Fees:
PPLNS - 5%
PPS - 15%

Why? Part of those fees will go towards the server bill, the remaining will be kept for the end of each calendar month and will be randomly selected through www.Random.org's website for miners that meet the criteria of eligibility**.

Don't feel like visiting the site?  No worries.

PPLNS
PeerMining.us:9332

Username: [Your Payment Code]
Password: [Whatever You Want]

PPS
PeerMining.us:9999

Username: [Your Bitcoin Address]
Password: [Whatever You Want]

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**Minimum eligibility requirements are an average mean of 12 hours/day mining in our pool.  The pool operator will not be entered into the drawing, only the miners as an incentive program.

Any questions please post away and I'll answer them to my best ability!

Gibbyd-BTC

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[IgpayAtinLay]

im your first miner. im only running 12.2 mhash/s right now though
but hey, lookin forward to seeing the payout, even though itll be none for me right now, no?

[BTCMiners.net]

im your first miner. im only running 12.2 mhash/s right now though
but hey, lookin forward to seeing the payout, even though itll be none for me right now, no?

Hey glad to have you with the pool!  At 12.2 mh/s you won't be making a lot at any pool, it will take time before you get any substantial spendable amount.  Within 24 hours, granted you have solved a share in the pool (not in your mining client) you will, yes, get paid out.

Any other questions, please let me know!

[Shadow383]

im your first miner. im only running 12.2 mhash/s right now though
but hey, lookin forward to seeing the payout, even though itll be none for me right now, no?

Hey glad to have you with the pool!  At 12.2 mh/s you won't be making a lot at any pool, it will take time before you get any substantial spendable amount.  Within 24 hours, granted you have solved a share in the pool (not in your mining client) you will, yes, get paid out.

Any other questions, please let me know!

At 12.2Mh/s, I'd imagine there's a fairly reasonable chance of not solving a P2Pool share at all in a day, no? 

[BTCMiners.net]

im your first miner. im only running 12.2 mhash/s right now though
but hey, lookin forward to seeing the payout, even though itll be none for me right now, no?

Hey glad to have you with the pool!  At 12.2 mh/s you won't be making a lot at any pool, it will take time before you get any substantial spendable amount.  Within 24 hours, granted you have solved a share in the pool (not in your mining client) you will, yes, get paid out.

Any other questions, please let me know!

At 12.2Mh/s, I'd imagine there's a fairly reasonable chance of not solving a P2Pool share at all in a day, no? 

Maybe 1 share on a lucky day.  It's all about just waiting and mining at that rate, of course it's not worth it to run the electricity to mine that small amount, but hey, some people do enjoy just mining for the hell of it.  You -WILL- get paid eventually IgpayAtinLay, it just may not be every day.  The current scripting is set to sendmoney every 24 hours to those who have accumulated a proper share hold.  It's just mathematics in the end, the lower the mh/s the longer it will take to potentially solve a share/block.  On the reverse side, to my knowledge, the higher the hash rate, also the higher difficulty, but then higher reward.

[BTCMiners.net]

Our forums powered by Xenforo are up now.

Looking for a new place to mine? We're looking for people.

Connect your miner to:

peermining.us:9332
username: [your address]
password: [whatever you want]

Would like to see this pool gain at least a few hundred mh/s daily! 

[BTCMiners.net]

Check our first post, new PPS offered as well as our PPLNS plan.

[Tittiez]

15% PPS? Holy fuck that is 5% higher then deepbit. Honestly I find a rate this high to almost be a ripoff, but that is just my opinion.
Say you got 100GH/s mining PPS. That would mean you are taking 15GH/s worth of BTC. That's almost $65USD A DAY. Your bill can't be around $1900 a month. (If the pool keeps 50% luck I mean)

[Shadow383]

If your reserves don't allow for PPS at a slightly more sane rate I'd hold off doing it for now.

If you want some idea of what the risk level is like, here's a little matlab sim I made - it simulates the first 250 blocks profit/loss for a PPS pool at some given fee. To give some visualisation of the risk distribution it runs this 100 times and you can just plot that:

5% fee:


10% fee:


15% fee:


15% being really pretty meaningless though - if I struggle to find enough people to mine at what amounts to a negative fee then good luck finding substantial hashrate that wants 15%... Unless you start paying cash-in-the-mail or something useful to a wider audience (50BTC have had great success with this although their fee is 3%) then I doubt you'll get any real hashrate that way.