Nexious.com WARNING POOL OPERATOR IS NOT PAYING NOR RESPONDING

[spiker777]

In case anyone cares the address this pool is mining to is 1GBo1f2tzVx5jScV9kJXPUP9RjvYXuNzV7

этo пoxoжe бoльшe вaш нoмep

[1715294583]

1715294583

[1715294583]

1715294583

[torepia]

How about implementing PPS @ 2-2,5% fee? 

[kano]

How about implementing PPS @ 2-2,5% fee? 

https://bitcointalk.org/index.php?topic=854368.msg11149806#msg11149806

If a PPS pool charges a 5% fee, and at any point in time, (only) has a reserve of 250BTC, then the chance of eventual bankruptcy is ... ~81.9% without paying BTC into the pool by the operator.

a 2.5% fee would be higher of course

[jonnybravo0311]

Yeah... sorry to disappoint you torepia, but unless nexious has a very large bankroll or he feels like dumping a bunch of coins into the pool to make sure everyone is paid, chances are extremely good he's not going to implement any PPS.  It's too big a risk.  As kano pointed out, even with a bankroll of 250BTC in reserve, there's still over an 81% chance of bankruptcy even if the pool charges users 5% fee.

[Nexious]

Yeah... sorry to disappoint you torepia, but unless nexious has a very large bankroll or he feels like dumping a bunch of coins into the pool to make sure everyone is paid, chances are extremely good he's not going to implement any PPS.  It's too big a risk.  As kano pointed out, even with a bankroll of 250BTC in reserve, there's still over an 81% chance of bankruptcy even if the pool charges users 5% fee.

This is pretty much spot on, unfortunately I don't have he capital to fund the start up of a PPS pool and a few of 2.5% would just be too risky also hence why there aren't too many pools still around with that low fee for PPS if any.

Sorry but it's just not viable at this stage

[thebonenz]

Have you guys found your first block yet?

I see you mine monero as well! I wish you could merge mine that with BTC!

I like your site, It's well laid out!

[Nexious]

Have you guys found your first block yet?

I see you mine monero as well! I wish you could merge mine that with BTC!

I like your site, It's well laid out!

Sadly no we haven't so the 1BTC bonus is still available

Thanks, hope you enjoy Nexious too.

[torepia]

Yeah... sorry to disappoint you torepia, but unless nexious has a very large bankroll or he feels like dumping a bunch of coins into the pool to make sure everyone is paid, chances are extremely good he's not going to implement any PPS.  It's too big a risk.  As kano pointed out, even with a bankroll of 250BTC in reserve, there's still over an 81% chance of bankruptcy even if the pool charges users 5% fee.

This is pretty much spot on, unfortunately I don't have he capital to fund the start up of a PPS pool and a few of 2.5% would just be too risky also hence why there aren't too many pools still around with that low fee for PPS if any.

Sorry but it's just not viable at this stage

100% understandable! ^^

[Nexious]

Sorry torepia if I had the capital I would have already done it. So just PPLNS for now.

[spiker777]

Today I received newsletter
" Hello spiker777,

Due to a bit of lack of interest of the 1BTC block finder bonus and rise in BTC price I have decided to run a promotion. For the next 7 days I am offering out of my own pocket a 5BTC bonus for the first Bitcoin block finder!! Along with 0% fees now is a great time to start mining at Nexious and have a chance at getting an extra 5BTC. This is only for the first Bitcoin block found and will run for the next 7 days. If no block is found in 7 days I will still honour the 1BTC bonus. After the first block is found the standard 1% fee will resume (unless you signed up during the 0% fee for life promotion). So let your friends and family know and let's get that first block!
Regards,

Nexious LLC

Your Premier

Mining Pool

"

I think that everyone reading this thread like this development.
If you're not in Nexious Mining Pool and you are reading this,then maybe it's time to join us!!!!

[itsnogood]

Thank you Spiker for posting that info. I hadn't looked at my emails for a while.

5 BTC is a massive incentive. I hope it will temp some of the bigger miners over.

Edit: Nexious - Its a great gesture and a lot of money out of your pocket. I think it goes to show how serious you are about this pool.

[gecox22]

Is it just me or does the site say 0 speed for the pool hash rate? Hopefully that is not true with a 5 btc reward on a block find.

[spiker777]

any news???

[itsnogood]

any news???

No

[notabeliever]

any news???

No

bitcoin site is down right or is it my miner

[jsp3cs15]

Hi Nexious,

Any news? Might be a good idea to update everyone.

any news???

No

bitcoin site is down right or is it my miner

[thebonenz]

Says it's still dead for me.

[spiker777]

thebonenz,maybe not the right connection?

[Nexious]

Sorry all I've been having issues trying to connect to the forum, but I have sent out news letters to all that have registered updating them on what is happening.

Nexious is now back up and running after a few headaches and a corrupted block chain. Re-indexing did not fix the issues so had to resync from the start. I have put some upgrades and a better redundancy plan in place to ensure this does not happen again.

Right now the 5BTC reward, is my last idea on trying to entice the larger miners over. It only lasts till the 15th of November so try your luck and if a block is found the finder is rewarded 5BTC then the 1% fee kicks in (unless your signed up during the zero fees for life promotion)

Any questions or issues let me know, and once again I apologise for the unexpected downtime!

[SunnyIgor]

come on there must be bigger miners!
I have 15 extra th/s for now chaeaper than bitcoinwisdom acspected payout!
Please help me find the block