[ANN] Firo (FIRO) - Implementing ZKP privacy without trusted setup

[Temporel]

Any ideas why Miningpoolhub pays out approximately a third less than whattomine.com? 

I think 33% is too high of a margin of error for calculation.

why dont you mine somewhere else then ? Really, I want to know.

[vrm42]

There were 3 days in the last week during which suprnova found enough blocks and paid as much as whattomine calculated.
In the last couple of days miners gone from nova so the rest barely find 1-2 blocks per day and profit on it is far less.
Suprnova, however, pays far less on their high performance pools compared to whattomine.

This leaves you two choices: take it or leave it.
Unfortunately there is no other viable option besides mph to mine Zcoin.
You're better off with Zclassic right now.

[sNaKeyz0r91]

Why don't you guys try datapaw or mintpond? They're small pools but pays very good. Big pools pay less ...

[cornroll]

There were 3 days in the last week during which suprnova found enough blocks and paid as much as whattomine calculated.
In the last couple of days miners gone from nova so the rest barely find 1-2 blocks per day and profit on it is far less.
Suprnova, however, pays far less on their high performance pools compared to whattomine.

This leaves you two choices: take it or leave it.
Unfortunately there is no other viable option besides mph to mine Zcoin.
You're better off with Zclassic right now.

Thank you very helpful..

[zcoinofficial]

There were 3 days in the last week during which suprnova found enough blocks and paid as much as whattomine calculated.
In the last couple of days miners gone from nova so the rest barely find 1-2 blocks per day and profit on it is far less.
Suprnova, however, pays far less on their high performance pools compared to whattomine.

This leaves you two choices: take it or leave it.
Unfortunately there is no other viable option besides mph to mine Zcoin.
You're better off with Zclassic right now.

There are 5 other pools besides MPH and all of them are operating on fees lower than MPH. Mintpond is currently having an additional reward for the first few blocks found

[cornroll]

There were 3 days in the last week during which suprnova found enough blocks and paid as much as whattomine calculated.
In the last couple of days miners gone from nova so the rest barely find 1-2 blocks per day and profit on it is far less.
Suprnova, however, pays far less on their high performance pools compared to whattomine.

This leaves you two choices: take it or leave it.
Unfortunately there is no other viable option besides mph to mine Zcoin.
You're better off with Zclassic right now.

There are 5 other pools besides MPH and all of them are operating on fees lower than MPH. Mintpond is currently having an additional reward for the first few blocks found

But it seems that almost 90+% of the hashing power is in MPH.

[blg42598]

Datapaw works well, spread the hashrate!!!We need more decentralization

[cornroll]

Datapaw works well, spread the hashrate!!!We need more decentralization

Exactly..!!!

[vrm42]

At least 4-5 blocks per day and mining on Suprnova gives decent profit. Now it's time to go back.

[sNaKeyz0r91]

Datapaw works well, spread the hashrate!!!We need more decentralization

I agree on this.

I don't really care about MPH having the biggest hashrate, their reported hashrate of my miners is low and payout at the end of a day is not good at all.

[cornroll]

Datapaw works well, spread the hashrate!!!We need more decentralization

I agree on this.

I don't really care about MPH having the biggest hashrate, their reported hashrate of my miners is low and payout at the end of a day is not good at all.

Totally agree with this!

[kchulani]

This is one of my favorite Privacy coins, it was left under teh radar for quite some time. I am glad to see it finally take a stage!

[Sabai_dee]

source : https://support.tdax.com/announcement-%E0%B8%9B%E0%B8%A3%E0%B8%B0%E0%B8%81%E0%B8%B2%E0%B8%A8/pooled-znodes-are-now-available-on-tdax-%E0%B8%A3%E0%B8%B2%E0%B8%A2%E0%B8%A5%E0%B8%B0%E0%B9%80%E0%B8%AD%E0%B8%B5%E0%B8%A2%E0%B8%94%E0%B9%80%E0%B8%A3%E0%B8%B7%E0%B8%AD%E0%B8%87-znodes

Pooled Znodes are now available on TDAX

Pooled Znodes are available on 01-January-2018 at 9.19am! TDAX is pleased to offer Zcoin (XZC) rewards for all customer’s with Zcoin balances held on TDAX.com

Rewards will be distributed every 14 days. No ID verification is required for participating. Withdrawing XZC from TDAX during that time will reset your holding period and possibly reduce your rewards.

The amount of Zcoin deposits running Znodes can be audited. We will provide the public address for it within the next days. Rewards will be distributed to all customers holding Zcoin in their TDAX account.


Distribution details

TDAX will run Znodes on behalf of TDAX customers and will share the rewards accordingly.

70% of the Znode rewards will be distributed to TDAX customers with Zcoin balance in their account, the remaining 30% will be used by TDAX to cover the costs of running the nodes (security, server, network, backup, etc.).

Rewards will be proportional to the deposit size and time Zcoin was held in TDAX customer’s account. They will be distributed automatically every 14 days. We give time of holding a slightly higher weighting than the amount of XZC deposited.


How is the reward calculated?

Here is an example of how the reward is calculated.*

Balance in TDAX at the end of 14 day cycle multiplied by days from the first deposit (times three for additional weighting). If you withdraw all XZC from TDAX, it will reset the holding time.

If the total Znode reward for a two-week period on 14-January-21 is 100 XZC and there are only three users, the distribution reward would be calculated according to shares and distributed as per the following:

1,000 XZC deposited on 1-January-2018 by User A with no movement, holding time is 14 days and balance on the end period is 1,000 => 1,000 * (14 * 3) = 42,000 shares

1,400 XZC deposited on 7-January-2018` by User B and then sell 500 XZC on TDAX on 7 Jan, holding time is 7 days and balance on the end period is 900 => 900 * (7 * 3) = 18,900 shares

1,600 XZC deposited on 1-January-2018 by User C then withdraw 1,600 to other wallet on 6-January-2018 and deposit 1,000 XZC back to TDAX on 7-January-2017, holding time counts as 7 days and balance on the end period is 1,000  => 1,000 * (7 * 3) = 21,000 shares

Total shares will be 42,000 + 18,900 + 21,000 = 81,900 and the total Znode reward for a two-week period is 100 XZC.

A will receive reward (100*70%) * 42,000/81,900 = 35.8974358974 XZC

B will receive reward (100*70%) * 18,900/81,900 = 16.1538461538 XZC

C will receive reward (100*70%)  * 21,000/81,900 = 17.9487179487 XZC

TDAX will automatically distribute rewards every two weeks. If you have not received a reward at that time, you most likely did not hold Zcoin long enough. The holding time resets every 14 days and withdrawing resets it to zero. We cannot not adjust deposits retroactively and the system will calculate and distribute fully automated.

*Final calculation is still dependent on TDAX.com

What do you think about this feature ? Excepting the level of trust in this exchange itself, is this kind of service a good way to hold my coins and earn a small revenue for holding ? I precise that i currently hold my coins (small amount) in Bittrex and not have any revenue, and don't want to setup a masternode or even setup a wallet in my computer. But i'm ready to hold my coins for a long time.

[micard]

Datapaw works well, spread the hashrate!!!We need more decentralization

I agree on this.

I don't really care about MPH having the biggest hashrate, their reported hashrate of my miners is low and payout at the end of a day is not good at all.

Totally agree with this!

Wow I only realized today that MPH has almost the complete hash power of Zcoin. Now moved to MintPond to see how it works...

[junforever]

I have a question in mintpond distrubute the reward in each Block that is found or will be distrubute at the end of the third Block? Because it seems very poor earnings until now after mining 4 days with 4 gtx 1080 ftw3 cards

[Raja_MBZ]

Seems like Zcoin is now done with correction, we can start moving ahead once again now. Guessing from the graph, 0.012 BTC (new ATH) for it shouldn't be much of a problem within January.

[numbsoul]

I have a question in mintpond distrubute the reward in each Block that is found or will be distrubute at the end of the third Block? Because it seems very poor earnings until now after mining 4 days with 4 gtx 1080 ftw3 cards

According to mintpond...

"Miners will still get shares of the standard 28xzc block reward for each block. The bonus reward is an additional amount that will be distributed proportionally to all miners using the shares submitted from all 3 blocks after all 3 blocks are found."

[fred070]

Hey guys, I'm seeing something odd while mining this coin.
I'm using Ubuntu 16.04, Tpruvot ccminer.

I tried one of my GTX 1070 to mine and it shows I'm producting 1,400khs of hashes.
Now, as I go back to the pool (suprnova.cc), it only shows 700+ khs.

Is this normal?

[OnesAndZeroes]

Datapaw works well, spread the hashrate!!!We need more decentralization

I agree on this.

I don't really care about MPH having the biggest hashrate, their reported hashrate of my miners is low and payout at the end of a day is not good at all.

Totally agree with this!

Wow I only realized today that MPH has almost the complete hash power of Zcoin. Now moved to MintPond to see how it works...

You also have xzc.suprnova.cc.  Currently the second largest hashing rate and 0% fees.

[syclone]

I'm a big fan of suprnova.  For a few reason, they have been around the longest and I trust that they will run a solid pool moving into the new year and beyond.