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Author Topic: [gbyte.dk] Proportional  (Read 1874 times)
Kris
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June 06, 2011, 03:44:56 PM
 #1

Hi,

I think it is about time I probably announce my pool for miners and not operators.

gbyte.dk has all the features you'll expect a bitcoin pool to have like:

User interface
    * Statistics page for viewing average Shares, Estimated earnings per block, Mhash/s and more.
    * Forgot password feature.
    * Dashboard with Balance, Average speed, Shares and stale viewing, Instant payout to bitcoin address, Worker creation and statistics of each worker.
    * Userbar with current Mhash/s
    * Email Notification
        * If a worker drops to zero hash/s and you enabled Email Notification on that worker. An email will be send to your signup email address with the name of the worker that failed. This gives you the opportunity to get an heads up for restarting your miner.
    * Recent Transactions and transactions overview.
    * Remember sign in credential
* API for both user and total pool
* Statistics with daily graphs of hash rate and workers.
* Full support for SSL

The server is located in Denmark, so if you are from Denmark this is the choice for you.

If you have any questions, want to trade with bitcoins or just need help setting up your hardware / software come over to #bitcoin-dk on Freenode

There is a 2% fee used to keep this service alive. And we provide instant payout with up to two payments per day.

See you at gbyte.dk



Kind regards
Kris
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Sukrim
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June 06, 2011, 03:50:16 PM
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Fee? Transaction fees mined belong to...? Proportional means "1 share out of 100 earns 1% of BTC mined, regardless of when it has been submitted" - right?

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
Kris
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June 06, 2011, 03:57:00 PM
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Fee? Transaction fees mined belong to...? Proportional means "1 share out of 100 earns 1% of BTC mined, regardless of when it has been submitted" - right?

No not regardless of when it was submitted, only if you submitted it for the current block.
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June 06, 2011, 03:59:49 PM
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Damn, meant that... Wink

Still:

Do you have a fee, if yes how high?

Who gets to keep transaction fees - are they paid out to miners?

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
Kris
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June 06, 2011, 04:03:52 PM
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Damn, meant that... Wink

Still:

Do you have a fee, if yes how high?

Who gets to keep transaction fees - are they paid out to miners?

Yes there is a 2% fee, and I will use this fee to pay for the servers. Whatever is left over, ill use for competitions or the like to benefit miners.
Sukrim
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June 06, 2011, 04:18:51 PM
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Yes there is a 2% fee, and I will use this fee to pay for the servers. Whatever is left over, ill use for competitions or the like to benefit miners.
Still (kinda) unanswered:
Who gets to keep transaction fees - are they paid out to miners?

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
Kris
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June 06, 2011, 04:28:08 PM
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If I understand your question correctly the fee is 0.01 then.
Sukrim
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June 06, 2011, 04:37:22 PM
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No, I mean the transaction fees that are mined.

You gain 2 parts of money with a block:
(currently) 50 BTC out of nowhere and the transaction fees of transactions within that block (usually something around 0.1 BTC/block, sometimes more, sometimes less)

It is anticipated that in the future, once generation fees get lower and lower, transaction fees will be the main income of miners.

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
Mess
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June 06, 2011, 05:59:45 PM
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No, I mean the transaction fees that are mined.

You gain 2 parts of money with a block:
(currently) 50 BTC out of nowhere and the transaction fees of transactions within that block (usually something around 0.1 BTC/block, sometimes more, sometimes less)

It is anticipated that in the future, once generation fees get lower and lower, transaction fees will be the main income of miners.
From what I know, we (the miners) share this transaction fee too. Kris does not benefit from this.
MiningBuddy
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June 06, 2011, 07:38:35 PM
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No, I mean the transaction fees that are mined.

You gain 2 parts of money with a block:
(currently) 50 BTC out of nowhere and the transaction fees of transactions within that block (usually something around 0.1 BTC/block, sometimes more, sometimes less)

It is anticipated that in the future, once generation fees get lower and lower, transaction fees will be the main income of miners.
From what I know, we (the miners) share this transaction fee too. Kris does not benefit from this.
No, there is not a single pool currently in existence that passes these rewarded fees to miners, they are kept by the pool operator.

Sukrim
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June 06, 2011, 08:12:40 PM
 #11

This one might be the first, that's why I'm asking.

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
Mess
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June 06, 2011, 10:39:24 PM
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This one might be the first, that's why I'm asking.

If you could explain how to enable the feature and split the fee, then he may to it Smiley
Sukrim
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June 06, 2011, 10:46:22 PM
 #13

Uhm... don't input 50 but instead 50 + whatever transaction fees were mined when splitting the reward?!

I didn't write the backend of his pool, how should I know "how to enable the feature"?  Huh

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
Mess
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June 06, 2011, 10:51:32 PM
 #14

Uhm... don't input 50 but instead 50 + whatever transaction fees were mined when splitting the reward?!

I didn't write the backend of his pool, how should I know "how to enable the feature"?  Huh
Sorry Smiley I missunderstood you.
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