[EHR:475.5Gh/s] Hashrack.com|Hashpacks 0.5Gh as low as 0.25 BTC as fast as 50Gh

[evilscoop]

Just wondering, if i bought right now, how long would it take to get it set up and running?

Edit: I mostly mean do we have to wait for asics or are you using something else right now?

Yes we have to wait for ASICs.

please please tell me not BFL's

[Amph]

i have a problem, i forgot the password and requested a new one but the link addressed me to te main page, and now my account is blocked

[deadwoodluke]

Just wondering, if i bought right now, how long would it take to get it set up and running?

Edit: I mostly mean do we have to wait for asics or are you using something else right now?

Yes we have to wait for ASICs.

I think I will wait until asics are more widely available and you get some, but then i will order right away.

[dwolfman]

Is the site down?  Try to load it and I get "The connection to hashrack.com was interrupted while the page was loading." every time.

[pkarc]

i have a problem, i forgot the password and requested a new one but the link addressed me to te main page, and now my account is blocked

Correcting this bug right now, anyway you should change http with https on the password link.

Edit: solved.

[pkarc]

Is the site down?  Try to load it and I get "The connection to hashrack.com was interrupted while the page was loading." every time.

make sure that the url is right, it should be http://hashrack.com, http://www.hashrack.com/ , https://hashrack.com. it seems if you type https://www.hashrack.com the message appears

[dwolfman]

Is the site down?  Try to load it and I get "The connection to hashrack.com was interrupted while the page was loading." every time.

make sure that the url is right, it should be http://hashrack.com, http://www.hashrack.com/ , https://hashrack.com. it seems if you type https://www.hashrack.com the message appears

The only one working now is http://www.hashrack.com.  The others still do the same thing.

[wildbud]

I like it!

[pkarc]

Is the site down?  Try to load it and I get "The connection to hashrack.com was interrupted while the page was loading." every time.

make sure that the url is right, it should be http://hashrack.com, http://www.hashrack.com/ , https://hashrack.com. it seems if you type https://www.hashrack.com the message appears

The only one working now is http://www.hashrack.com.  The others still do the same thing.

can u give us more information, like browser, OS...

[theprofileth]

Hey pkarc is there a reason you haven't been responding in the mining pools thread? Just wondering cause you have been active in this one but not your other for some reason.

[evilscoop]

can you respond to my query above plz....
Are we waiting for BFL's, avalons or other ?

If bfl, I might be after a refund...
if avalon, what batch...
If other, which

[BitshireHashaway]

Interesting idea, though I'm not sure how effective it will end up being. I'm going to check this out. I'm not sure I understand how it works completely yet, though I'm still working on figuring it out.

[dwolfman]

Is the site down?  Try to load it and I get "The connection to hashrack.com was interrupted while the page was loading." every time.

make sure that the url is right, it should be http://hashrack.com, http://www.hashrack.com/ , https://hashrack.com. it seems if you type https://www.hashrack.com the message appears

The only one working now is http://www.hashrack.com.  The others still do the same thing.

can u give us more information, like browser, OS...

Firefox 20.0.1, Windows 7 Enterprise 64bit

I have a filtering proxy setup to keep the kids away from inappropriate pages, but I switched Firefox to not use it and it still happened.

Just tried again, http://www.hashrack.com works fine.  https://hashrack.com and https://www.hashrack.com still fail with the same message.

[theprofileth]

I had an idea about how to handle the hashpacks to make the system simpler and faster for everyone. Essentially you buy the machines in as much as you need to fulfill orders for now however moving forward I suggest this plan. Only purchase units that produce 50GH (or more if possible), instead of selling people their own personal units just sell them a percentage of the shares generated, proportional to how much they payed for their hashpack IE
I buy a 5GH, instead of you buying specifically just 1 5GH and handling that, just sell me 5GH worth of shares from the 50GH. If there are any GH left over you keep them for the pool to pay off electricity and buying more hashpacks. This way you can handle not dealing with the long shipping times and still supply people with what they payed for. Furthermore if you buy larger supplies of 50GH (or whatever is max) you will save on money per gigahash and space and electricity thus making it more profitable, efficient and faster for everyone involved.
Now obviously if someone orders a 50GH for themselves this is less profitable for you as a pool in one sense as you can't split it out to a variety of people and you need to order a whole nother unit for them, however you could allocate left over space from various other units IE the shares for those units. Actually if you are just selling the shares then you can just sell anything in between 10MH-50GH as you aren't giving them the literal device which makes for more efficient management of units. You can effectively just count all of the shares generated by your units, calculate how much GH went into making it, lets say per 6-24 hours then pay out to everyone who bought a hashpack based on the GH they purchased sort of like a stock rather than purchasing an actual unit. Again this provides for much more efficient handling of the units as you can buy in bulk, split it into much smaller sub divisions and make the most efficient usage of your hashrate/shares produced. You can also allow people to sell back their share of the hashrate which would be based on how you wanted to handle that personally. Either way I would love to see you implement the system I devised above.
Edit: One more note, for the sake of sustaining your pool I suggest you shift from PPS for the hashpacks to Eligius's Capped PPS with Recent Backpay in order to never accidentally drive yourself out of business by having to pay the overhead of 100's of GH of PPS which don't necessarily guarantee a block as fast as you would like, you can then lower the fee down to like 1-2% as you don't need the fee to cover potentially bad rounds.

[pkarc]

I had an idea about how to handle the hashpacks to make the system simpler and faster for everyone. Essentially you buy the machines in as much as you need to fulfill orders for now however moving forward I suggest this plan. Only purchase units that produce 50GH (or more if possible), instead of selling people their own personal units just sell them a percentage of the shares generated, proportional to how much they payed for their hashpack IE
I buy a 5GH, instead of you buying specifically just 1 5GH and handling that, just sell me 5GH worth of shares from the 50GH. If there are any GH left over you keep them for the pool to pay off electricity and buying more hashpacks. This way you can handle not dealing with the long shipping times and still supply people with what they payed for. Furthermore if you buy larger supplies of 50GH (or whatever is max) you will save on money per gigahash and space and electricity thus making it more profitable, efficient and faster for everyone involved.
Now obviously if someone orders a 50GH for themselves this is less profitable for you as a pool in one sense as you can't split it out to a variety of people and you need to order a whole nother unit for them, however you could allocate left over space from various other units IE the shares for those units. Actually if you are just selling the shares then you can just sell anything in between 10MH-50GH as you aren't giving them the literal device which makes for more efficient management of units. You can effectively just count all of the shares generated by your units, calculate how much GH went into making it, lets say per 6-24 hours then pay out to everyone who bought a hashpack based on the GH they purchased sort of like a stock rather than purchasing an actual unit. Again this provides for much more efficient handling of the units as you can buy in bulk, split it into much smaller sub divisions and make the most efficient usage of your hashrate/shares produced. You can also allow people to sell back their share of the hashrate which would be based on how you wanted to handle that personally. Either way I would love to see you implement the system I devised above.

Actually this is exactly what we do. you share an ASIC miner with someone else depending on your hashpacks. We do the math, then we'll give you the profit.

[theprofileth]

Cool thanks for the reply also I added a last part about the PPS system

One more note, for the sake of sustaining your pool I suggest you shift from PPS for the hashpacks to Eligius's Capped PPS with Recent Backpay in order to never accidentally drive yourself out of business by having to pay the overhead of 100's of GH of PPS which don't necessarily guarantee a block as fast as you would like, you can then lower the fee down to like 1-2% as you don't need the fee to cover potentially bad rounds.

[pkarc]

can you respond to my query above plz....
Are we waiting for BFL's, avalons or other ?

If bfl, I might be after a refund...
if avalon, what batch...
If other, which

BFL. so far.

[theprofileth]

Hmm I realized that if you end up using the Eligius system that you might as well just use it for everyone or else it will cause either  the pplns to be weird or the hashpacks to be weird.

[pkarc]

Hmm I realized that if you end up using the Eligius system that you might as well just use it for everyone or else it will cause either  the pplns to be weird or the hashpacks to be weird.

We are implementing the payment method PPS, once we do this the current method (pplns) shall not apply.

[theprofileth]

But don't you know how many pools have shut down recently due to bad luck and PPS, no seriously DON'T DO STRAIGHT PPS. I want your pool to last, Eligius's system is really the only kind of PPS that can last pretty much indefinitely without bankrupting you or ripping off your miners.
Don't be fooled into thinking that people will run to you as soon as you get PPS. If you all of a sudden get popular, hit a bad round, go into debt for several hundred bitcoins. Then you basically will never recover with standard PPS method. PPS is essentially roulette where you (the pool operator) are the gambler and the player is the house.
I mean look at MTRed which required 120 blocks to go out before it payed its PPS and it still went out of business, Ozcoin is currently out of commission and removed their PPS because it was killing them. There are so many dead pools because of PPS, I mean even BitPenny (which invented PPS) died because of its usage of PPS.
Edit: One last note, your server load is at 1% with only 4500MH/s ie 4.5GH/s which means you would cap out at ~45GH/s so I suggest you upgrade your servers.