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Author Topic: [0Th]Ozcoin Pooled Mining |DGM 1%|Stratum+VarDiff port 80|NEW CN mining|  (Read 398357 times)
vv01f
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August 17, 2012, 02:42:06 AM
 #921

"part of the reason for fees is to fund continued development of Ozcoin"
Oh, I thought you are paying out tx-fees. Sad I relly should read more.
But your service and management of the last time makes me trust even more in you and your team.

keep it up  Wink

donations to me please send via bitcoin 1vvo1FDwSAwNdLVA1mFkM7v76XPZAAUfb
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Graet (OP)
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August 17, 2012, 02:48:21 AM
 #922

"part of the reason for fees is to fund continued development of Ozcoin"
Oh, I thought you are paying out tx-fees. Sad I relly should read more.
But your service and management of the last time makes me trust even more in you and your team.

keep it up  Wink
I look forward to paying out transaction fees to miners again
This is some of the needed development Smiley
cheers vv01f 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
roomservice
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August 17, 2012, 01:41:41 PM
 #923

since 3 hours i got payouts again BUT, the last 24 hours my PPS Payouts are only 0,90 BTC...my speed last 24 Hours is ~ 10,5gh

nyana

Hi nyana,

our first priority was to fix this PPS calc issue, so your feedback is another confirmation for us that we succeeded.

Next step ist to recalculate all missing PPS shares for you and all other ozcoin PPS users - just need to wait for Graet to come back to pop up our hot wallet Smiley

Missing PPS balances were fixed for all users who were affected. We should be up2date now Smiley

"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
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August 17, 2012, 04:40:33 PM
 #924

since 3 hours i got payouts again BUT, the last 24 hours my PPS Payouts are only 0,90 BTC...my speed last 24 Hours is ~ 10,5gh

nyana

Hi nyana,

our first priority was to fix this PPS calc issue, so your feedback is another confirmation for us that we succeeded.

Next step ist to recalculate all missing PPS shares for you and all other ozcoin PPS users - just need to wait for Graet to come back to pop up our hot wallet Smiley

Missing PPS balances were fixed for all users who were affected. We should be up2date now Smiley

I got paid 2x my normal PPS payout. Is this to be expected from the shares catching up?

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nyana
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August 18, 2012, 06:15:32 PM
 #925

Hey guys,

i have another issues with payment.

From 15.08.2012 5:30am to 16.08.2012 11:30am (~30hrs) i received payouts of 1.36 BTC with ~11GH.

This can not be possible on PPS.

nyana

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August 18, 2012, 06:42:20 PM
 #926

Hey guys,

i have another issues with payment.

From 15.08.2012 5:30am to 16.08.2012 11:30am (~30hrs) i received payouts of 1.36 BTC with ~11GH.

This can not be possible on PPS.

nyana



What is your registered nick?

Mining Both Bitcoin and Litecoin.
hack_slash
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August 18, 2012, 07:09:48 PM
 #927

Just FYI, my PPS balance still seems to be off as well.  Nick on the site is cobracommander.  (Reposting this from the ozcoin forum since I wasn't sure if anyone saw it there--sorry for the duplication.)



I recently switched to PPS, and I'm showing (numbers as of yesterday, so will be a bit off):

82,862 valid shares @ difficulty 2036671, which should be worth 1.93234184 bitcoins
255,884 valid shares @ difficulty 2190866, which should be worth 5.54756512 bitcoins

However, my unpaid balance is showing only 1.84042680 bitcoins (with no payouts, since my threshold hasn't been hit).
roomservice
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August 18, 2012, 07:17:15 PM
 #928

Hey guys,

i have another issues with payment.

From 15.08.2012 5:30am to 16.08.2012 11:30am (~30hrs) i received payouts of 1.36 BTC with ~11GH.

This can not be possible on PPS.

nyana


Hello nyana,

this is a screenshot from all of your hashpower during the timeframe you mentioned.



As you can see, your 11GH weren't pointed to ozcoin during this time, so you can't expect a payout.

"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
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August 18, 2012, 07:25:55 PM
 #929

Just FYI, my PPS balance still seems to be off as well.  Nick on the site is cobracommander.  (Reposting this from the ozcoin forum since I wasn't sure if anyone saw it there--sorry for the duplication.)



I recently switched to PPS, and I'm showing (numbers as of yesterday, so will be a bit off):

82,862 valid shares @ difficulty 2036671, which should be worth 1.93234184 bitcoins
255,884 valid shares @ difficulty 2190866, which should be worth 5.54756512 bitcoins

However, my unpaid balance is showing only 1.84042680 bitcoins (with no payouts, since my threshold hasn't been hit).

Hi hack_slash,

thanks for reporting this issue. The problem has been fixed - please review your pps balance now.

"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
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August 18, 2012, 07:35:02 PM
 #930

Hi hack_slash,

thanks for reporting this issue. The problem has been fixed - please review your pps balance now.

Looks good--thanks!
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August 19, 2012, 04:32:55 AM
 #931

Fees have now been implemented
DGM Fee Rate
3% on Bitcoin
3% on Namecoin
VIP bonus will continue for miners that donate an extra 2% on top of the fee

PPS Fee Rate
5%


Notes:
1: VIP bonus is instant payout including orphan blocks-_
2: No Merged Mining on PPS

| 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
Gladamas
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August 19, 2012, 04:40:31 AM
 #932

Wow, a block at >600% difficulty and then one at less than 4% difficulty. o.O

I have two suggestions.

1. Can there be an option to set a donation on top of the 5% for PPS?
2. Can PPS users who donate, say, 1% on top of the 5% get VIP status?

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Krak
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August 19, 2012, 04:43:25 AM
 #933

1. Can there be an option to set a donation on top of the 5% for PPS?
2. Can PPS users who donate, say, 1% on top of the 5% get VIP status?
2. There's no benefits for PPS users because they get paid whether a block is found or not.

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crazyates
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August 19, 2012, 04:51:53 AM
 #934

VIP bonus will continue for miners that donate an extra 2% on top of the fee

I just added a 2% donation, but it still says [Status: Contributor]. Upping this to 5%, and it says VIP status.

If I leave it at 2%, will I maintain VIP under the hood with the website displaying the wrong thing, or will I not get VIP?

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Graet (OP)
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August 19, 2012, 04:53:56 AM
 #935

1. Can there be an option to set a donation on top of the 5% for PPS?
2. Can PPS users who donate, say, 1% on top of the 5% get VIP status?
2. There's no benefits for PPS users because they get paid whether a block is found or not.
this is true - apart from supporting the site a bit more and automatic voice in #ozcoin irc and access to the (very quiet) #ozcoin-vip chanel Smiley

We will look into it - cheers Gladamas

| 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 19, 2012, 04:54:40 AM
 #936

VIP bonus will continue for miners that donate an extra 2% on top of the fee

I just added a 2% donation, but it still says [Status: Contributor]. Upping this to 5%, and it says VIP status.

If I leave it at 2%, will I maintain VIP under the hood with the website displaying the wrong thing, or will I not get VIP?
at 2% you should get VIP
we need to change a couple of displayed things still 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
nyana
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August 19, 2012, 10:07:58 AM
 #937

Hey roomservice,

thanks for the graphs, what timezone is this?

my times are GMT+2.

greets nyana
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August 19, 2012, 10:38:35 AM
 #938

Hey roomservice,

thanks for the graphs, what timezone is this?

my times are GMT+2.

greets nyana

As shown on the main website (servertime) its CET time. Afaik this should be equal to GMT+ 1, so 1 hour off your timezone.

"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
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August 20, 2012, 06:11:27 AM
Last edit: August 20, 2012, 10:57:26 AM by Graet
 #939

I'd just like to take a moment to remind miners of some of Ozcoin's features:
- Staff in Australia, USA and Europe, between us we are able to offer 24/7 support and troubleshooting
- Pool does not rely on an individual, in case of accident/illness/other mishap there will always be competent people with sufficient access to continue the running of the pool.
- Currently 2 servers in USA (waiting for 3rd to come back online when upstream provider issues fixed) and 2 servers in Europe
- Established pool with experienced staff and a history of treating miners fairly and honestly
- Continual deveolpment and improvement - with the upcoming changes to the mining scene there is much work to be done by all pools.
- IRC channel is like a family - including our pet "ozbot" one of the smartest BTC centric bots on the freenode
- Ozcoin does not restrict the number of txns accepted into blocks.
- Merged mining with or without longpolls, to reduce Bitcoin stales

Some of the higher priotity development jobs include:
- Paying mined transaction fees to miners - something we did as a proportional pool and essential before block reward halving
- Higher difficulty shares to support faster mining hardware
- Pay valid block -> valid block for all miners and a "orphan bonus" to VIP members
Lower priority:
- more graphs and stats



On a more personal note
The decision to introduce fees was a hard one to make, I held off for as long as possible.
I felt sick in my guts for 2 weeks over this decision before I announced.
It would have been quite easy to close the pool and go back to being a miner, my wife would be ecstatic, but then I'd be looking for a good pool to mine on... back to why Ozcoin was opened in the first place Smiley
I had always hoped that miners that appreciated the service would contribute a litte back to cover costs. Some did, most didnt, and then  there is the issue of "proxy pools" mining on 0fee pools, contributing nothing and charging their miners a fee - good business model for them I guess - something current donors and I cannot continue to subsidise.
I expected our hashrate to drop off after the introduction of fees, as a result I expect the pool hashrate to be more stable.I also expect in time miners will see the value that Ozcoin offers and our hashrate increase again Smiley

Along with the demise of proportional pools and as mining becomes more "professional" and mining "companies" demand more resources I expect 0fee pools will either introduce fees or become unsustainable to the point of closure. Sad but true.

I am excited that Ozcoin now has a viable future and will be able to continue to offer quality mining and transaction verification services to the Bitcoin community.

Thanks for reading,
Best Wishes
Graeme Tee
Graet
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| 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 22, 2012, 11:47:39 PM
 #940

I am pleased to announce that Ozcoin is now paying out block reward transaction fees to DGM miners Cheesy

| 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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