[0Th]Ozcoin Pooled Mining |DGM 1%|Stratum+VarDiff port 80|NEW CN mining|

[Graet]

  

Ozcoin Pooled Mining Pty Ltd
Opened 7 June 2011

POT payout system will be disabled for BTC mining 0000 UTC 20/11/2013
due to ongoing bad luck/low level attacks that disrupt pool

NEW cn.ozco.in open for mining

We have purchased and setup https://www.ozcoin.net for www ssl goodness

Features include

    USA, Europe, China and Australian mining servers
    Double Geometric Payout Method 1% fee
    Pay out transaction fees on DGM
    Stratum mining protocol enabled
    Custom built Web Frontend
    SSL Certificate
    Extensive Individual and and Pool Statistics
    Email notification on idle miner
    Email notification on payout
    Shoutbox
    JSON API
    Share validation waiting period 101 blocks,
    Instant payout, pay invalids for 2%+ donors
    Automatic and full Decimal Payouts. Script runs every 10 minutes. Payout threshold 0.01BTC.
    Friendly active IRC channel chat.freenode.net #ozcoin or via site based Web IRC
    Awesome IRC bot with many useful commands
    IRC "Donors Lounge"
    Port80 mining Now available on Stratum nodes
    Hall of Fame
    Ozcoin cross platform desktop widget
    Lockable payout addess
  

 Advantages of Double Geometric Payout Method

   Hopping-proof, low-variance reward system
        This method offers steady income per share similar to PPS. We take the risk of long rounds and pay even when the pool buffer runs out, so we appreciate donations to keep this service up and running.
    Double Geometric Variables
        f=-0.25, c=0.2, o=0.8
More Information about this method can be found herehttps://bitcointalk.org/index.php?topic=39497.0

 Our vision:

To encourage BTC use in Australia and throughout the world by supporting miners and other BTC enterprises.
We feel that a strong growing community will help us overcome any obstacles for BTC and we are here for the long run toward real world use of BTC - not for a quick buck.To this end we feel that transparency is vital in our project and will endeavour to provide as much information as required for this to become possible.

Please note a valid email adress is required for registration.

Best Wishes
Graeme Tee
Graet
Managing Director
Ozcoin Pooled Mining Pty Ltd
ACN:152 509 272

Site donation address 1Gzcbs8dDYzf16qFWKHc5kWKuH8nji3pVt
Donate hashes -u ozcoin.donate -p p

[Wayno]

IM ON IT!!!

Good to see we have one up and running

[GR0B]

I like the Idea and want to use it but the front page is so buggy that I can even register an account. Makes think that if the front end is this bad what is the back end like.

[Graet]

I like the Idea and want to use it but the front page is so buggy that I can even register an account. Makes think that if the front end is this bad what is the back end like.

what browser do you use?
we thought it more important to get the backend setup and running correctly so we did that first.
as i said in original post "website still under development" - please be patient.

thanks for the feedback

[SomeoneWeird]

I would like to announce the arrival of a new Australian Pool.

ozco.in has been hashing for 72 hours and  things are running smooth
The website is still under development and changes will take place, we have our stats page up and running.

ozco.in is hosted in Australia and will offer lower latency to Australian, New Zealand and South East Asian miners.
#ozcoin on irc.freenode.net

Our vision is to encourage BTC use in Australia by supporting miners and other BTC enterprises in Australia.
We feel that a strong growing community will help us overcome any obstacles for BTC in Australia and we are here for the long run toward real world use of BTC - not for a quick buck.To this end we feel that transparency is vital in our project and will endeavour to provide as much information as required for this to become possible.
I would like to have offered a 0fee pool but to do this I would have to host overseas thus losing one of the prime reasons for this site - lower latency and less "Problems communicting with Bitcoin Rpc" that many "downunder" users suffer from.

Current features
The pools fees are set at 1%
Manual payout is available at a fee of 2%
Payout will occur 120 confirmations after block is paid to pool (we will reduce this to 100 asap)
Offering proportional payment.  (proportional payout) = (user shares) / (total shares) * (50BTC - 0.5BTC fee)
Long polling enabled to reduce stale shares

Upcoming Features
Web based irc client for instant support
Forums
More info on stats page

Please note a valid email adress is required for registration.

Currently running around 4.5 5Ghash/s

As an incentive to miners we are offering a reward on a sliding scale of 5BTC to the first miner to discover a block on our pool, 4BTC for the2nd block, 3BTC for the 3rd, 2BTC for the 4th, and 1BTC for the 5th, this will be a separate manual payment. Winners announced onsite and emailed

Getting started
1. Register an account with ozco.in  (the pin number is an extra layer of security for you once logged in)
2. Automatic email activation sent (working on the email. Click link copy/paste activation code)
3.Once activated login and go to "account details" section. Setup your workers, you will need the pin you set earlier.( please 1 worker per gpu for now)
4. Enter the address of the wallet you would like your payments made to and your amount for automatic payout (setting this to 1 would be appreciated initially - but your choice), you will need the pin again.
4. Join your miner to the pool:
hostname: http://ozco.in  port :8332
Username: <yourname>.<workername>  Password:<workerpassword>
5. Start your worker. On first connection it can take your client a few minutes to "connect" and download the work units.
5. You're done! Check out the pool Statistics to see how the pool is doing .

Questions, (positive) criticism/suggestions welcome  
its got way past late. i will add some links to miners and guides in the morning,
Best
Graet

I'd love to join, but getting alot more profit from something like eligius. Where abouts is it hosted?

[Graet]

hosted in perth,
i'll get back to you soon on the returns to members from our first block.
see how it compares

[SomeoneWeird]

hosted in perth,
i'll get back to you soon on the returns to members from our first block.
see how it compares

Cool, I was gunna start one but I figured out it would cost too much to startup with my current setup.

[Oldminer]

Niiiiiice...will look into this tonight when I get home.

[Graet]

hosted in perth,
i'll get back to you soon on the returns to members from our first block.
see how it compares

Cool, I was gunna start one but I figured out it would cost too much to startup with my current setup.

yeah, like i said in original post would like to be 0% fee. but au hosting isnt cheap.

[SomeoneWeird]

Which is exactly why I didn't think it was profitable

[Graet]

Which is exactly why I didn't think it was profitable

honestly i make profit from mining.
i am more concerned the pool works and helps strengthen the au btc community before strong opposition appears.
if the pool breaks even i'm very happy.
if it helps with the above goals i'm wrapped

[SomeoneWeird]

Which is exactly why I didn't think it was profitable

honestly i make profit from mining.
i am more concerned the pool works and helps strengthen the au btc community before strong opposition appears.
if the pool breaks even i'm very happy.
if it helps with the above goals i'm wrapped

glhf

[GR0B]

I like the Idea and want to use it but the front page is so buggy that I can even register an account. Makes think that if the front end is this bad what is the back end like.

what browser do you use?
we thought it more important to get the backend setup and running correctly so we did that first.
as i said in original post "website still under development" - please be patient.

thanks for the feedback

Using Google Chrome. I have been able to create an account now, The email and pin field is a way down on the left and not with the other fields.

[akaminki]

You now have a queenslander among the ranks, those first few blocks will be mine

[DarkStar]

cant login even after email confirmation

[Oldminer]

I registered ok but am getting the dreaded 'problems connecting with RPC server' error

Edit: scratch that - I'm up and running

[jurasofish]

you've got a Tasmanian on board now as well 
I'll contribute my 420mh/s.
hope this all goes well

[SomeoneWeird]

I like the Idea and want to use it but the front page is so buggy that I can even register an account. Makes think that if the front end is this bad what is the back end like.

what browser do you use?
we thought it more important to get the backend setup and running correctly so we did that first.
as i said in original post "website still under development" - please be patient.

thanks for the feedback

Do you want this added to my miner gui?

[commlinx]

you've got a Tasmanian on board now as well 

Actually you've got two Tasmanian heads now

I just joined, all looks OK but I don't seem to be getting long polling using a similar setup (Phoenix) to Deepbit that starts in LP mode OK.

[Oldminer]

Ok got my miner up and running & hash rate is good BUT of the first 61 shares I got 2 stales and intermittently I was getting 'rpc server communication' errors. I'll come back and stake a claim at your dig again once these issues are fixed