[150TH] [PPLNS 0.5%] Jonny's Mining Emporium (bravo-mining.com)

[jonnybravo0311]

Block 407333 has matured and your balances are now available for withdrawal.  If you have auto-payouts set, your payments have already been sent and confirmed.

[Mikestang]

Amazing lucky block, glad I turned my machine back on just in time!  Unfortunately weather is warm again so it's back to night-only mining.

All 3 payments received, thank you!

By the way - we aren't even at N yet. The pool has total shares of 662,007,564,425.  5N is 893,391,538,360.  Everybody is still in the "ramp up" phase.

That's interesting, what does it mean in terms of pay outs?  I mean, I understand that no one would receive a "full payout" until 5N, and since no one is at 5N does that mean there is extra coin sitting in the pool that hasn't been paid out?

[OneInchWonder]

Sent you some Coin Jonny. Just over 0.1. Cant pull transaction ID with  Coin Basic mobile app but you should see it.

[jonnybravo0311]

Sent you some Coin Jonny. Just over 0.1. Cant pull transaction ID with  Coin Basic mobile app but you should see it.

I got it, thanks!  I was just about to post on here about the mystery coin I received.  You certainly cleared it up .

Amazing lucky block, glad I turned my machine back on just in time!  Unfortunately weather is warm again so it's back to night-only mining.

All 3 payments received, thank you!

By the way - we aren't even at N yet. The pool has total shares of 662,007,564,425.  5N is 893,391,538,360.  Everybody is still in the "ramp up" phase.

That's interesting, what does it mean in terms of pay outs?  I mean, I understand that no one would receive a "full payout" until 5N, and since no one is at 5N does that mean there is extra coin sitting in the pool that hasn't been paid out?

No, there is no extra coin sitting in the pool.  All it means is that when the payouts are calculated, it uses every single share ever submitted in the calculation.  Once that total meets or exceeds the 5N, then only that number of shares would be used.

[Mikestang]

No, there is no extra coin sitting in the pool.  All it means is that when the payouts are calculated, it uses every single share ever submitted in the calculation.  Once that total meets or exceeds the 5N, then only that number of shares would be used.

Gotcha.  Would there be value in changing that value until the pool is larger?

Just to think out loud, like a PPS sort of system right now might be interesting, meaning if each user were paid just for the ratio of their shares submitted on the solved block to how many total shares the pool submitted before solving the block.  It would have meant larger payouts for those mining the quick luck blocks.

[philipma1957]

Sent you some Coin Jonny. Just over 0.1. Cant pull transaction ID with  Coin Basic mobile app but you should see it.

I got it, thanks!  I was just about to post on here about the mystery coin I received.  You certainly cleared it up .

Amazing lucky block, glad I turned my machine back on just in time!  Unfortunately weather is warm again so it's back to night-only mining.

All 3 payments received, thank you!

By the way - we aren't even at N yet. The pool has total shares of 662,007,564,425.  5N is 893,391,538,360.  Everybody is still in the "ramp up" phase.

That's interesting, what does it mean in terms of pay outs?  I mean, I understand that no one would receive a "full payout" until 5N, and since no one is at 5N does that mean there is extra coin sitting in the pool that hasn't been paid out?

No, there is no extra coin sitting in the pool.  All it means is that when the payouts are calculated, it uses every single share ever submitted in the calculation.  Once that total meets or exceeds the 5N, then only that number of shares would be used.

Yeah  so I did not mine first block which lowers me a bit each block after that until we reach 5n.

[welshy9]

i did my first rental from nicehash still aint got a clue but i did it hahaha

[jonnybravo0311]

Sweet I just realized I was the first person to find a block with my own equipment on this pool   Too cool!!! Too bad there wasn't a bonus for that   It's all good just finding the block is bonus enough

I'm just extremely stoked!! Have a good night guys!

You know what?  That's a promotion I should have run...

So, because you are the very first person to find a block on the pool with your own hardware, I'm sending you a 1BTC bonus.

TxID: 6df847a410d657ef2b833ece533b063fe92c8d959cb24edb6326cd5185293e1a

Awesome job and let's keep the lovely green trend with block 8!

[philipma1957]

Sweet I just realized I was the first person to find a block with my own equipment on this pool   Too cool!!! Too bad there wasn't a bonus for that   It's all good just finding the block is bonus enough

I'm just extremely stoked!! Have a good night guys!

You know what?  That's a promotion I should have run...

So, because you are the very first person to find a block on the pool with your own hardware, I'm sending you a 1BTC bonus.

TxID: 6df847a410d657ef2b833ece533b063fe92c8d959cb24edb6326cd5185293e1a

Awesome job and let's keep the lovely green trend with block 8!

nice jonny way to go!

[RozoTheMiner]

Sweet I just realized I was the first person to find a block with my own equipment on this pool   Too cool!!! Too bad there wasn't a bonus for that   It's all good just finding the block is bonus enough

I'm just extremely stoked!! Have a good night guys!

You know what?  That's a promotion I should have run...

So, because you are the very first person to find a block on the pool with your own hardware, I'm sending you a 1BTC bonus.

TxID: 6df847a410d657ef2b833ece533b063fe92c8d959cb24edb6326cd5185293e1a

Awesome job and let's keep the lovely green trend with block 8!

Sweet thanks JohnnyBTC

[RozoTheMiner]

i did my first rental from nicehash still aint got a clue but i did it hahaha

Welcome to the group welshy9 and GL

[RozoTheMiner]

I was just so excited I had to make a video check it out 

https://youtu.be/JAZ19x7wAiE

[jonnybravo0311]

Cool video and thanks for the advertising on youtube!  Just a small note, the pool was running at about 1.7 petahash, not TH like you stated in the video.

In other news, I'm currently updating the bitcoin daemons to 0.12.1.  There will be no downtime at all since I run multiple redundant coin daemons and am upgrading them one at a time.

[jonnybravo0311]

Upgrades completed.  All bitcoin daemons are now 0.12.1.

[RozoTheMiner]

I added a note on the video sorry one too many drinks tonight 

[jonnybravo0311]

Block 407382 has matured and your funds are available for withdrawal.  If you have auto-payouts set, your payments have already been sent and confirmed.

[traxor]

You know what?  That's a promotion I should have run...

So, because you are the very first person to find a block on the pool with your own hardware, I'm sending you a 1BTC bonus.

TxID: 6df847a410d657ef2b833ece533b063fe92c8d959cb24edb6326cd5185293e1a

Awesome job and let's keep the lovely green trend with block 8!

Which is why EVERYONE should be MINING here with their hardware...

ME INCLUDED...

Unfortunately, I'm traveling -- in Reno for the weekend -- then Seattle for a week or two, before I get back to Atlanta (where I can rework my miner configs)...

AWESOME JOB 1 inch! -- and WAY TO GO JONNY for kicking in an "after the fact" promotion!!!

I LOVE THIS POOL!!!

 

[OneInchWonder]

I was just so excited I had to make a video check it out 

https://youtu.be/JAZ19x7wAiE

Good video.

I dont know to Lol at my user name for feel bad.

[RozoTheMiner]

 Wow look at the Pool speed this morning, it looks like we might be over 200 terahash as a base 


It's nice to see the steady growth coming in

[jonnybravo0311]

Let's play a game...

Phil used to run a "guess the next difficulty" thread that would give bonus BTC to whoever correctly guessed the upcoming difficulty correctly.  We're going to do something similar here.

The game is this:

Guess the percentage of expected shares at which the pool hits the next block.

The prize:

2BTC

The catch:

You must actively be mining on the pool to qualify.

The closest guess to the actual percentage will be the winner.  If there is a tie, the prize will be divided equally amongst the winners.  As mentioned, you must be mining on the pool to qualify.  I don't care if you have a single USB stick or a 10PH farm, you must be actively submitting shares to the pool.

There are no limits to how many times you can guess; however, each guess absolutely MUST be 10% or more than your previous one.  You can have exactly 1 active guess at any given time.  If the shares percentage goes past your guess, you then have the choice to leave it as is, or make a new guess.  The new guess must be at least 10% higher than your previous guess.

Example:

Miner guesses 37.6%.  The pool exceeds 37.6%.  Miner can now leave guess alone, or create a new guess at 47.6% or higher.

Remember, it's closest to the actual percentage that wins.  So, if you guess 37.6%, the pool passes 37.6% and you change to 47.6%, but the pool solves the block at 37.61%... well, you should have kept your original guess

As an added bonus - if you are not only the person who guesses correctly, but you are also the block finder, you will receive an additional 1BTC.  That's right - there's 3BTC total up for grabs.

So, point your miners here.  Point your rentals here.  Make your guesses and win some coins!