[25PH] New mining pool ConnectBTC.com Launches, now offering 110% PPS!

[kano]

... and much worse, change of PoW are being bantered around ...

https://medium.com/@adamperlow9/a-proportionate-response-ddf7bd77fcaf

Lulz I suggested that years ago ...
https://bitcointalk.org/index.php?topic=263840.0

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[-ck]

What about miners that want to actively abstain from choosing a side in this scaling war?
Those miners can choose this pool as a way to signal their discontent from the scaling war and both sides.

Then as I said in my first post...

even if that position is 'we don't want change.' If that's what you really want then at least make it clear.

That is still you taking a stance, instead of pretending you're dissociated from it.

[Guy Corem]

btw ck, what's solo.ckpool.org position or how the miners can vote?
same question regarding kano ckpool

[kano]

same question regarding kano ckpool

My most recent of many, many posts on the subject implying the same thing - no signalling for either.

...

Meanwhile, on the subject of voting, our top miners are clearly bringing in more hash rate and more soon, we'll see when it happens
When we get to a few % of the network I'll then be discussing with them (and anyone else who points multiple PHs of hardware at the pool long term) about that voting.

Cool to know. I'm sure people will be happy to hear about planning.  I only threw less than 30 TH, so you won't be missing much.  I just hope I don't find my first block, now.   

I hope I'm still welcome in this forum. I feel terrible.  I simply followed a mantra of 1 hash = 1 vote.

On some of your comments in the past about being a small pool ...  my impression is that the pool and this thread have a larger weight than measured by hashrate.  I think discussions echo out.  Signaling would be more significant than you expect, imo, and it's an important decision to make.  Let's just keep finding blocks and growing bitcoin!

:cheers:

Well I guess to expand on that point, I have made it clear, I think, why the pool isn't voting at the moment.

When I make the PH comment, I don't mean that power sways my decision, I simply mean that I'm open to 'discussions' about what to vote if they can convince me otherwise on technical or philosophical grounds.
But it's based on the fact also that even with the pool at 30PHs we really don't have a say in what happens since we certainly can't directly affect the vote outcome.
'When' we get a lot bigger, then we will have a direct say in it

However, as I've already said, if the network takes the required swing to accept an option, then those left over should also take that option.
By 'required swing' of course I mean 75% for BU or 95% for SegWit

In either case I expect that if momentum gets going above 50% for either option, it shouldn't be long after that for the rest to switch over also, but until the actual switch point, it's still undecided.

If some other option pokes it's head up that most agree with, then that could solve it also.

Edit: The bottom line is that bitcoin is a peer2peer transaction system, and if the majority says 'X' is what the system should now be, then that's what bitcoin now is.
The discussions about changing the PoW to stop a majority rule is beyond stupid.
If groups want some other alt-coin then go create it, but bitcoin is a distributed peer2peer transaction system that is not controlled by some minority that thinks they are the Bitcoin God.

[-ck]

btw ck, what's solo.ckpool.org position or how the miners can vote?

Solo is advertising segwit without giving miners a choice since I believe that is by far the best way moving forward for bitcoin and I've made it clear to the users that mining there means supporting and signalling segwit activation flags. I'm not associated with kano or his pool any more.

[philipma1957]

106%  is pretty good.  but you have someone else offering 110%  for a pps pool.

So why pick your pool?

 Other then that I live next to Lakewood, NJ  and my best friends name is IRA (an attempt at humor as it is true and I think its funny)

BTW  As  we all know  the world of crypto coins is headed for changes.

The 20 billion USD of mined BTC  sitting in wallets is very attractive  target.  More so then  the 5 billion USD  waiting to be mined.

Every knows mining alts with gpus  and converting to BTC  is a viable plan  since more then likely more then 100 pc/gpu/component  companies  can subsidize an alt to make it attractive to mine.  The wealth of those companies  is over 1 trillion dollars.

Back to your pool  your Sp-Tech  roots make me want to support your pool.

-ck  and kano had a divorce  and I supported both of their pools I still do  and I sit on the fence about BU and or Segwit.

As I see it  BTC waited too long.   The idea kano had in 2011  would have solved a lot of issues about speed of confirms.

I am going to take a look at your pool today.

[ConnectBTC]

106%  is pretty good.  but you have someone else offering 110%  for a pps pool.

So why pick your pool?

 Other then that I live next to Lakewood, NJ  and my best friends name is IRA (an attempt at humor as it is true and I think its funny)

BTW  As  we all know  the world of crypto coins is headed for changes.

The 20 billion USD of mined BTC  sitting in wallets is very attractive  target.  More so then  the 5 billion USD  waiting to be mined.

Every knows mining alts with gpus  and converting to BTC  is a viable plan  since more then likely more then 100 pc/gpu/component  companies  can subsidize an alt to make it attractive to mine.  The wealth of those companies  is over 1 trillion dollars.

Back to your pool  your Sp-Tech  roots make me want to support your pool.

-ck  and kano had a divorce  and I supported both of their pools I still do  and I sit on the fence about BU and or Segwit.

As I see it  BTC waited too long.   The idea kano had in 2011  would have solved a lot of issues about speed of confirms.

I am going to take a look at your pool today.

philipma1957, Sorry for the slow response.

We are now offering 110% PPS for everyone who starts mining before July 1st.

Have you tried to pool out? We would love to hear your feedback

[fuzion1]

Are there any pool fees or do we just make a straight 110%? Do you payout daily?

[ConnectBTC]

Are there any pool fees or do we just make a straight 110%? Do you payout daily?

Straight up 110%, daily payouts are done by 12:00pm UTC

[adz1922]

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

[ConnectBTC]

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

Hi adz1922,

The graphs show two main numbers - hashrate and rejected share rate.
The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong.
If you share your user name or send it to support@connectbtc.com we could take a look and see if there is indeed anything wrong.

Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets.
You will continue to receive daily payouts regardless of how many blocks the pool finds.

As always, we're happy to answer any additional questions you might have.

Cheers,

Gadi

[adz1922]

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

Hi adz1922,

The graphs show two main numbers - hashrate and rejected share rate.
The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong.
If you share your user name or send it to support@connectbtc.com we could take a look and see if there is indeed anything wrong.

Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets.
You will continue to receive daily payouts regardless of how many blocks the pool finds.

As always, we're happy to answer any additional questions you might have.

Cheers,

Gadi

my username is same in here... if by chance the pool finds a block, there will be a reward divided to all workers right? or will it still be paid like this?

[ConnectBTC]

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

Hi adz1922,

The graphs show two main numbers - hashrate and rejected share rate.
The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong.
If you share your user name or send it to support@connectbtc.com we could take a look and see if there is indeed anything wrong.

Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets.
You will continue to receive daily payouts regardless of how many blocks the pool finds.

As always, we're happy to answer any additional questions you might have.

Cheers,

Gadi

my username is same in here... if by chance the pool finds a block, there will be a reward divided to all workers right? or will it still be paid like this?

Your error rate does seem a bit higher than expected. We're looking at the data and will let you know what we find.

The PPS plan is all about fixed payment so you are not affected at all by the pool's luck

[warzoneug]

How to connect with this pool?

[ConnectBTC]

How to connect with this pool?

Hi warzoneug,

You can create a new user at connectbtc.com and point your miners to stratum.connectbtc.com:3333.
We are still offering a 10% subsidy!

[ConnectBTC]

Very lucky few days for Connect:

https://twitter.com/connectbtcpool/status/885926198416691201

[bet101]

You act like there is a zero fee and 106% PPS, but what about sharing the transaction fees to miners?

the fee fluctuation is ok, so I guess there is not much risk for miners

[ConnectBTC]

You act like there is a zero fee and 106% PPS, but what about sharing the transaction fees to miners?

the fee fluctuation is ok, so I guess there is not much risk for miners

Fees on June 30th - 357BTC
Fees on July 9th - 157BTC

[bitcoin.cash]

Where is it PPS 110% ?

thanks

106%  is pretty good.  but you have someone else offering 110%  for a pps pool.

So why pick your pool?

 Other then that I live next to Lakewood, NJ  and my best friends name is IRA (an attempt at humor as it is true and I think its funny)

BTW  As  we all know  the world of crypto coins is headed for changes.

The 20 billion USD of mined BTC  sitting in wallets is very attractive  target.  More so then  the 5 billion USD  waiting to be mined.

Every knows mining alts with gpus  and converting to BTC  is a viable plan  since more then likely more then 100 pc/gpu/component  companies  can subsidize an alt to make it attractive to mine.  The wealth of those companies  is over 1 trillion dollars.

Back to your pool  your Sp-Tech  roots make me want to support your pool.

-ck  and kano had a divorce  and I supported both of their pools I still do  and I sit on the fence about BU and or Segwit.

As I see it  BTC waited too long.   The idea kano had in 2011  would have solved a lot of issues about speed of confirms.

I am going to take a look at your pool today.

[yuragim75]

Hello.
Tell me, why from April 11 to today so much profitability has fallen?


I could not figure out the configuration of the Connect-BTS proxy server, maybe you have a step-by-step video instruction? my nickname ConnectBTC - yuragim75