[ANN][POOL] RoyalMiningCo Pool

[roy7]

Edit: All pools/etc are closed. Was a fun hobby for a long time but got too expensive.

Edit: I now provide some public p2pool nodes as well. I've tried to optimize them as well as I can, and I'm also actively trying to make improvements to my interface and I've submitted a few pull requests to various p2pool repos. Any suggestions/requests on what info you'd like to see on the interfaces is appreciated.

Hello everyone. Been working on a pool, with TRC as the first coin available in it.

www.royalminingco.com

Set username to the address you want payments sent to. Password can be anything for now.
Add _X as a suffix to the username to set your difficulty between 1 and 65536. Default difficulty is 2.

For example, if you have a large GPU farm or an ASIC please go with something like:

cgminer -o stratum+tcp://trc.royalminingco.com:3333/ -u YourHashHere_32 -p x

Some features are:

• Stratum Only
• Transaction fees paid to miners
• DGM payment method, 2% fee
• No account needed, web site usage optional
• User controlled difficulty
• All payments automatic
• Payouts in discovered block coinbase: the pool never holds your coins

I have a lot of things I'd like to add to the pool moving forward, all suggestions are welcome. The front end is custom from scratch, so I can add features or adjust things however users like. Shares are not reported as "accept" unless they are successfully queued for the score database. If you see a share accepted, it will count towards your score. I need to pretty things up more, but the basic information needed is there.

DGM settings are f=0, c=.02, o=.98. This means the pool's fee is 2%. The pool absorbs some of the variance for you by setting c (variable fee) to 2% instead of f (fixed fee) to 2%. In shorter rounds the pool will make more than 2% and in longer rounds it will make less than 2% (down to almost nothing). Over a long period of time, the total will average to 2%. This way your income will very a bit less based on the length of a round. If this becomes too confusing or people are concerned the pool is not acting honestly in regards to the math, I could change it to a fixed fee. The variable fee is for the miner's benefit, not mine. Minimum payment is .0001. Anything below that will just be kept by the pool.

"Slightly stale" shares are given full credit.

DO NOT SET PAYMENT ADDRESS TO AN EXCHANGE ACCOUNT.
MOST EXCHANGES WILL NOT SEE YOUR DEPOSITS FROM OUR POOL.
DON'T TRY IT.

Happy mining.

[doublec]

Very nice!

[Hazard]

Shouldnt this be a royalcoin pool?

[roy7]

Shouldnt this be a royalcoin pool?

Heh, someone asked me about that when I was first testing. RoyalCoin doesn't interest me at the moment though. I just went with RoyalMining as a play off my name and since the domain name was available.

I do eventually want to have pools for FRC, PPC, and maybe LTC. Want to "finish" my front end first though and TRC has been a great coin to develop with, since it has features like difficulty changing every block.

[rob1313]

I been using the pool for a while now and it seams well put together. Once front end is complete I think it will be a nice change from other pools that hold your coins until you want them. I like to have them automatically sent to my wallet. I will put a small bountie out on the pool the next 2 block finders will receive a 2 trc bonus. Excludes me and the pool owner. I'm doing this to try and stabilize the pool a bit.

[roy7]

I will put a small bounty out on the pool the next 2 block finders will receive a 2 trc bonus.

Hey cool Rob, thank you! So for the record my personal GPU mining on the pool is user 17qzWyfQg8qAfYCdVCNsjKmPefRkXsoY8d. He doesn't qualify.

[roy7]

Just a couple bigger miners would get us to finding a block a day as a minimum, which would be awesome! When difficulty is low and Rob joins us, average time drops to a few hours. Wish some large miner who does TRC 24/7 would come on board!

[rob1313]

a block has been found "140027" but i was the finder of that block so the bounty/ reward continues.
I will be sending roy7 the 5 coins so he can distribute to finders. next block rewards had been increased to 3 trc and 2 trc for the next block after that.

[roy7]

14YEcwAeN4Bnx2FsLdu9g26QrckyfhbrC3 just found a block, so 3 TRC bounty is being paid immediately. Thanks to whoever you are!

Another bounty is available for the next block not found by me or Rob.

[roy7]

Block 142387 found by me, so the bounty remains active.

[roy7]

Block found by new miner 14z8VdbmB4XW1RYVY2Z4CEmfGa4A3sHB3S. Sending out the 2 TRC bounty now. Thank you for mining!

[roy7]

Pool is offline until the current attack is somehow handled by the devs. More info at:

https://bitcointalk.org/index.php?topic=261986.0

[roy7]

Starting at block 175,000 in the new version of TRC, this sort of attack might not be possible. Until then you MINE AT YOUR OWN RISK.

Please upgrade to 0.1.3-42 as soon as possible: https://bitcointalk.org/index.php?topic=261986.msg2810844#msg2810844

Pool fee lowered to 2%.

[ryanb]

i started mining on your pool and my hashing power is 14000mhash what settings do i put after the command line?

and does it affect how many coins i earn?

[roy7]

i started mining on your pool and my hashing power is 14000mhash what settings do i put after the command line?

and does it affect how many coins i earn?

The only settings that effect how much you earn would depend on things like overclocking your GPU and/or memory. It'd depend on which miner you user and if you are using an ATi or NVidia card. There are threads specific to the miners and probably various threads and a wiki on tweaking specific video cards. That'd help you get the maximum coins on any pool you mine with, not just mine. If you don't want to over clock, then there's no specific options to worry about I think. You just need to connect and mine and that's all.

[roy7]

Pool has been updated to -47. This is a mandatory update by block 185056.

[bogidu]

Is this pool still alive? 

[roy7]

Is this pool still alive?  

Yes sir! Why do you ask?

Edit: Pool and web site were running normally.

[roy7]

http://terracoin.org/alert/0.8.0.2.html

Terracoin client version 0.8.0.2 will be mandatory at block 192239 (estimated date: Oct 2nd 2013).

The pool is running 0.8.0.2.

[RicRock]

Hello,

Just wondering.

I've had a few payouts from 10/4 that have yet to appear in my wallet.

Is it currently taking > 5 days to confirm?