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MrSam (OP)
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June 28, 2011, 01:44:25 PM
Last edit: July 16, 2011, 11:21:18 AM by MrSam |
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Although Triplemining.com is a new pool, and has not found any blocks yet, there are a number of good reasons to mine with us:
Whatever your hash rate is, all current pools will give you more or less the same results. With Triplemining.com we offer you the possibility to triple your results by a clever minipool system. As soon as two of your friends (with equal or superior hash rate to yours) mine with us too, you increase your BTC mining income dramatically.(your friends do not need to have more hashrate then you, but the better the more you make!)
With bitcoin mining, pool hash rate (= speed), mining difficulty and a little bit of luck play a central part. Big pools can be depressing, especially if your hash rate is not that great while too small pools with a streak of bad luck leave you with some kind of a stomachache.
To counter this, Triplemining aims to bring together a medium-sized pool with no fees and clever redistribution of 1% of every found block to allow your share to grow more rapidly than on any other bitcoin mining pool.
How do we achieve this?
For every found block, we redistribute a share of the 1% fee to all minipool owners (people with 1 or more friends mining with them). The redistribution is connected to the shares found by your friends, not yours! So if the hash rate of your friends equals or is bigger than yours, your part in the redistribution will be equally bigger.
For every found block we increase our jackpot by the remaining part of the 1% fee (after minipool owners have been rewarded). Once per week the jackpot is paid-out, randomly connected to the find of a block, to one miner active at the moment of the find.
By doing this Triplemining is virtually fee-free.
If you're not convinced yet, let us add this to change your mind
Statistically everyone has the same procential chance of finding a block, the only variable is time. Although time can be a psychological factor in considering what pool to mine with, the results are the same all over. A new pool is no different in that respect.
With Triplemining.com however, we offer you a chance to virtually increase your hash rate with every friend you add to your minipool. In addition your bitcoin mining with us can be rewarded on a weekly basis with our jackpot. So in a way, the fact that we are small and new is an asset. If you are looking for better rewards and bigger share participation, Triplemining.com is the way to go.
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MrSam (OP)
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June 28, 2011, 01:49:36 PM |
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Please feel free to try it out and spill your toughts here !  |
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m3ta
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June 28, 2011, 01:53:01 PM |
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@OP: "more than".
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MrSam (OP)
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June 28, 2011, 01:55:37 PM |
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Hmm, thx
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MrSam (OP)
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June 28, 2011, 02:21:18 PM |
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No other reactions ? :/
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jdebunt
Legendary
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Activity: 1596
Merit: 1010
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June 28, 2011, 03:20:29 PM |
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Looks very promising and i like the idea. However, how can you see if people are actually someone's friends, or just a person with 3 different logins using a triple card setup?
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dan_a
Newbie
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Activity: 48
Merit: 0
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June 28, 2011, 03:26:32 PM |
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I smell a pyramid...
What are the incentives to join if you're not bringing any friends with you?
If your friends have lower hash rates than you then don't you earn less than you otherwise would (because you are distributing 1% of your earnings between other people)
What happens if everyone who joins is part of a mini-pool?
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MrSam (OP)
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June 28, 2011, 03:31:33 PM |
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I smell a pyramid...
What are the incentives to join if you're not bringing any friends with you?
If your friends have lower hash rates than you then don't you earn less than you otherwise would (because you are distributing 1% of your earnings between other people)
What happens if everyone who joins is part of a mini-pool?
No pyramid, only 1 parent. incentives to join (without bringing friends): The jackpot system incentives to join (when bringing friends): You will be able to earn more then any other pool If your friends have lower hash rate you would indeed need to bring some more to recuperate the % you gave away. I don't understand your last point ? |
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MrSam (OP)
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June 28, 2011, 03:35:25 PM |
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Looks very promising and i like the idea. However, how can you see if people are actually someone's friends, or just a person with 3 different logins using a triple card setup?
For us it doesn't matter if someone creates more logins, all fee's are returned to users not to us. There is no good reason for you to set up multiple accounts, you will be able to recuperate a bit of what goes to the 'parents', but if you join a 0% fee pool you won't be "losing" that money anyway. Keep in mind that by mining you also have the possibility to win the jackpot, currently 0.5 BTC every day. |
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jdebunt
Legendary
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Activity: 1596
Merit: 1010
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June 28, 2011, 03:43:27 PM |
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the jackpot incentive does seem nice though i might give this pool a go later this week, but i'll keep an eye on this thread for any possible updates |
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MrSam (OP)
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June 28, 2011, 04:03:08 PM |
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What happens if everyone who joins is part of a mini-pool?
If everyone who joins does not have 'friends' below him. The whole fee goes to the jackpot. (jackpot is filled with money not given to parents) |
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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June 28, 2011, 05:19:21 PM |
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I'm in!
Just a question or 2:
Firstly I just signed up and we havent solved any blocks yet but my account shows:
Round information
Blocks solved this round: 45847
Your current speed: 357.91 MH/s
Blocks solved by you: 53
Secondly, I have auto payment set to 1 BTC but my account shows:
Automatic payout at: 10 BTC
?
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jdebunt
Legendary
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Activity: 1596
Merit: 1010
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June 28, 2011, 05:51:22 PM |
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"blocks" should be "shares" i suppose |
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MrSam (OP)
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June 28, 2011, 05:53:07 PM |
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"blocks" should be "shares" i suppose Absolutely right, i changed it on the website |
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MrSam (OP)
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June 28, 2011, 05:54:44 PM |
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Secondly, I have auto payment set to 1 BTC but my account shows:
Automatic payout at: 10 BTC
The right side of the screen are config settings, the dropdown list there defaults to 1BTC. On the left side you have your actual configuration value.. I shall modify the code so that the dropdown by default shows your current setting.. Thx for the tip! |
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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June 28, 2011, 05:55:11 PM |
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"blocks" should be "shares" i suppose Yea I figured that, and I also managed to change the payout to 1BTC (had to click 'update' under the auto payout heading) |
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MrSam (OP)
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June 28, 2011, 05:57:25 PM |
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Yes,
Allready modified in the code as well.
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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June 28, 2011, 05:58:30 PM |
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You might also want to show 'total workers' under the total pool ghash meter
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MrSam (OP)
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June 28, 2011, 06:05:23 PM |
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Working on that...
What do you think of the site in gereral ? It's usability ?
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jdebunt
Legendary
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Activity: 1596
Merit: 1010
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June 28, 2011, 06:31:32 PM |
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registered & hashing away happily the overall site looks nice, it's a colorful design. The pages are also easy to navigate through |
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