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Author Topic: [0Th]Ozcoin Pooled Mining |DGM 1%|Stratum+VarDiff port 80|NEW CN mining|  (Read 374725 times)
Graet
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August 09, 2012, 11:58:15 PM
 #841

Unpaid PPS Balance doesn't show any activity pretty long time. Work is running. What's wrong?
currently the pool software is counting stats from 4 hours ago, there is still a delay and it will take some time to clear, during this time please disregard site stats  they are wrong

darn, thought i doubled my payout for last 24hours Sad [we no get good luck?]
I dont consider ddos to be good luck or any luck, it is a deliberate attack on the pool. the currently displayed stats are wrong (mentioned that a few times in last page or so) and was a result of the ddos attack.


| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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Graet
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August 10, 2012, 12:42:28 AM
 #842

stats are still incorrect, I have disabled payouts for the time being while we ensure we arent paying out 4x on the next few blocks
sorry for any inconvenience
Graet

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 10, 2012, 02:36:24 AM
 #843

stats are still incorrect, I have disabled payouts for the time being while we ensure we arent paying out 4x on the next few blocks
sorry for any inconvenience
Graet

Should I be pointing my miner somewhere else right now, or is the backend still working enough for it to be safe?
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August 10, 2012, 03:13:59 AM
 #844

backend is working fine, just a backlog of shares to work through which is delaying the stats.

there are some blocks that appear to be trying to pay out 4 times - which I cannot afford, until this is resolved payouts are disabled.
sorry for any inconvenience

edit: In the home straight now, last unnanounced block was just announced, only a few million shares to go Smiley

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 10, 2012, 04:11:15 AM
 #845

everything back to normal except some blocks are showing as paying out 4 times

users balances are also showing unusually high
payouts are disabled until we can resolve this issue

edit: coders need to sleep too Sad
payouts will be on hold for a good few hours more
for logged in users
https://ozcoin.net/content/previous-bitcoin-rounds
currently shows 4 identical payouts per block for several blocks

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 10, 2012, 02:25:40 PM
 #846

currently shows 4 identical payouts per block for several blocks
Seven already. It's pretty messed up.  Sad

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August 10, 2012, 03:16:48 PM
 #847

currently shows 4 identical payouts per block for several blocks
Seven already. It's pretty messed up.  Sad
blocks?
9 actually, and yes
we have done some work, will complete it when coder returns from work
apologies for the inconvenience

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 10, 2012, 07:29:00 PM
 #848

Hah! I knew that was to good to be true....I got a lil excited there though, not gonna lie.
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August 11, 2012, 12:40:43 AM
 #849

Hah! I knew that was to good to be true....I got a lil excited there though, not gonna lie.
heh pool would have gone broke before it got through those blocks if we had paid out, sorry for dissapoint Smiley

on brighter news
the duplicate blocks and payments have now beed removed
Hot wallet topped up - just need some confirms and payouts will run  Grin

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 11, 2012, 01:13:46 AM
 #850

Hah! I knew that was to good to be true....I got a lil excited there though, not gonna lie.
heh pool would have gone broke before it got through those blocks if we had paid out, sorry for dissapoint Smiley

on brighter news
the duplicate blocks and payments have now beed removed
Hot wallet topped up - just need some confirms and payouts will run  Grin

Payout received! Thanks Graet!

1GLADMZ5tL4HkS6BAWPfJLeZJCDHAd9Fr3 - LQ6Zx8v7fHVBiDX5Lmhbp6oEDB7dUFjANu
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Graet
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August 11, 2012, 01:36:28 AM
 #851

Hah! I knew that was to good to be true....I got a lil excited there though, not gonna lie.
heh pool would have gone broke before it got through those blocks if we had paid out, sorry for dissapoint Smiley

on brighter news
the duplicate blocks and payments have now beed removed
Hot wallet topped up - just need some confirms and payouts will run  Grin

Payout received! Thanks Graet!
YAY!!!

That was not good, but the ddos helped us identify some weak points, which have now been fixed making the pool more robust.
In no way claiming to be ddos proof - just if it happens again issues like we have just resolved wont be repeated. Smiley

Thanks for the good humour and patience through this trying time Smiley

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 11, 2012, 03:50:51 AM
 #852

This is a copy of the email sent to Ozcoin members announcing timing of fee introduction:


For 14 months now Ozcoin has operated as a fee free pool, initially as a Proportional pool and since late December with the fair Double Geometric Method payout system.  In this time we have developed into one of the best Bitcoin mining pools out there.

The Bitcoin mining scene has changed considerably in the time Ozcoin has been operating. With the next generation of mining equipment on the horizon we see more changes and development will be needed by all pools that want to continue to offer mining services.

To ensure the stability, long term viability and continued development of Ozcoin as a Premium Bitcoin Mining pool we need to to introduce a 3% fee for service.

This email is a notice that a 3% fee for service will be introduced by Ozcoin from the first block found after 00:0:01 UTC Sunday 19 August 2012.

5% or VIP donor incentives will continue for those miners that contribute an extra 2% to the pool.

Thanks to the miners, Donors and coders that together have made Ozcoin the great pool it is today.

Graeme Tee
Managing Director
Ozcoin Pooled Mining Pty Ltd

EDIT: This is a change to the 0fee DGM part of the pool PPS fee remains 5%


| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 11, 2012, 04:33:05 PM
 #853

Any updates as to payouts?
Graet
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August 11, 2012, 04:45:52 PM
 #854

Any updates as to payouts?
um?
been running for ~15 hours
announced a few posts back Smiley
do you see some issues?

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 11, 2012, 07:09:39 PM
 #855

Guys
Firstly to the many supporters of Ozcoin - Thank you

To those that have enjoyed 0fee mining but never contributed to the pool in any way: If you don't like the fee move on.There are plenty of 0fee pools out there Smiley
This was a decision I did not take lightly. For 14 months I have been paying the difference between donations and costs. please do not waste your time or mine writing abusive and vilifying messages/emails. especially if you have taken no time to find out some facts or reasons.
I look forward to the email that says "thanks for an awesome 0fee pool but your fee cuts into my margin too much, I'll have to move along, thanks for your efforts and good luck"

my choices were
1: close one of the best Bitcoin mining Pools and pay miners out - so long Ozcoin
2: ask people that use the pool to pay for it and have some funds to spend on developing the pool further - long live Ozcoin
3: do what ARSbitcoin (and too many others to remember) did and neglect the pool untill it fails and leave miners with unpaid funds they will never see. - too bad cya miners

which would you choose in my position? be honest now.

Thanks for reading
Graeme

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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August 11, 2012, 07:56:08 PM
 #856

Surely most everyone understands Graet.
Obviously you shouldn't be paying so much cost out of your own pocket.

Question though, is PPS going to remain at 5% or will the fee for that increase as well?
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August 11, 2012, 08:08:45 PM
 #857

Surely most everyone understands Graet.
Obviously you shouldn't be paying so much cost out of your own pocket.

Question though, is PPS going to remain at 5% or will the fee for that increase as well?

He needs 3% to cover costs.  That would mean 5% for PPS users and those that already donate 3% or more are unaffected by the change.  It's only those that contributed less than 3% that would be affected.

I would expect that the 3% is based on current value of BTC.  If BTC continues to rise, maybe it'll go down, and if it decreases, maybe it'll go up.

BTW to Graet and the Ozcoin team, I think this is entirely reasonable.  No one should be paying for a pool out of pocket.

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MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
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August 11, 2012, 08:16:04 PM
 #858

Surely most everyone understands Graet.
Obviously you shouldn't be paying so much cost out of your own pocket.
...

This. He shouldn't have to pay anything and also deserves some profit for his work.

But 3% of 1900 1755 ghash/s is 57 52 ghash/s, which currently equals to about 9.8k 9k USD/month. Thats a WHOLE lot of servers/traffic.

Can you tell us something about your actual costs to give us some transparency?

edit: updated hashing rate to current 7 days average.
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August 11, 2012, 08:20:53 PM
 #859

But 3% of 1900 ghash/s is 57 ghash/s, which currently equals to about 9.8k USD/month. Thats a WHOLE lot of servers/traffic.
Pool maintaining requires not only servers and traffic, but also time. Possibly lots of time.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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August 11, 2012, 08:48:26 PM
 #860

Surely most everyone understands Graet.
Obviously you shouldn't be paying so much cost out of your own pocket.
...

This. He shouldn't have to pay anything and also deserves some profit for his work.

But 3% of 1900 ghash/s is 57 ghash/s, which currently equals to about 9.8k USD/month. Thats a WHOLE lot of servers/traffic.

Can you tell us something about your actual costs to give us some transparency?

Did you add the fact that if ozcoin ends a month in minus luck which can easily happen even at 2TH that they actually pay out more than they earn from the blocks mined. Do you understand that their DGM setup doesnt payout only what a block is worth, long rounds consistently they will make a loss.

So look at the last difficulty overall payout from ozcoin vs 0% pps rates and you will notice they have had difficulty periods below 0% PPS due to bad luck, this in essense cost them BTC above the block rewards.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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