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Author Topic: [ANN][XPM] paused and shut down  (Read 13811 times)
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July 25, 2013, 11:12:41 AM
 #41

Wav that's fast. Get 2 shares Smiley
Great job!
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July 25, 2013, 11:14:06 AM
 #42

Seems to be working very nicely, but I have worries that this will not be profitable thing to do

0.01 btc per day cost is 1.1 XPM
so within 6 hours need to get 0.275 XPM

So far I have got 0.037689 unconfirmed and only 4 hours left, so in next four hours I need to get ~0.24 xpm
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July 25, 2013, 11:20:33 AM
 #43

Seems to be working very nicely, but I have worries that this will not be profitable thing to do

0.01 btc per day cost is 1.1 XPM
so within 6 hours need to get 0.275 XPM

So far I have got 0.037689 unconfirmed and only 4 hours left, so in next four hours I need to get ~0.24 xpm

In about one hour I've got 5 shares and 0.012 XPM.  I would need 100 hours at this step to get 1.1 XPM ... Maybe the pool has been unlucky. Let's see in 5 more hours ...



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July 25, 2013, 11:21:33 AM
 #44

Confirmed getting a few shares.  Will see what happens in a few hours.
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July 25, 2013, 11:33:59 AM
 #45

Just signed up waiting for it to start! Grin

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July 25, 2013, 11:48:00 AM
 #46

I've got:
Shares: 6   Unconfirmed: 0.076775 XPM
for an hour and a half. Will be tough to make 0.275 XPM in 3X more time, but at this rate pool may just make a 10% more, around 0.3 XPM. It may beat the exchange, we will see in few hours, interesting.

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July 25, 2013, 11:50:00 AM
 #47

confirming it's working  

-24 Shares
-ca. 4 hours to go
-0.042753 unconfirmed


do hope pool just got unlucky Hour !
Pool hashrate: ? kH/s


the Idea, Layout i like

What about selling CPU Power for other CPU-Coins?

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July 25, 2013, 11:57:31 AM
 #48

Hi everyone, and thanks for all your support in this first release and we are working on more optimizations, and better speeds as we progress.

and whoa.. did we reach 50 - free sign ups so fast... and I took a 30 minute break only to find we passed the deadline by 60 additional sign ups.

I regret to inform anyone who signed up after the 50 available spots who will not be able to get a free account (at this very moment)
however, your name will be on the waiting list for the next run of FREE 6 hours trial. We didn't expect this to happen so rapidly.

The good news is, you still will be on the waiting list (if your account doesn't receive any shares in the next 6 hours) that's how you know you didn't get in.
I won't have enough time tonight to email everyone, so I will keep updates in the thread for now. Buy accounts are getting limited too, and I haven't updated it.

The first order came in 10 minutes after launch, which was a good plus in the right direction.

1,000 pps is only for 6 hours, and that is about 25% ~ of the time you actually get in a FULL 24 hour mining time frame.  Get ready for the next influx of shares... The pool is only going to grow and expand the usage for everyone. Don't hesitate to find out more at http://www.HostForBit.com and hang out with the Primecoiner @ http://www.Primecoiner.com

Enjoy your stay, and I will try to get those on the waiting list an open account hopefully by tomorrow.

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July 25, 2013, 12:36:24 PM
 #49

great job, just signed up a trial. Interesting service.

Bitrated user: azwccc.
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July 25, 2013, 12:40:46 PM
 #50

received my email about my order being processed Smiley
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July 25, 2013, 01:21:19 PM
 #51

Due to the high volume of orders going through at 20,000 PPS, we can no longer offer it at the current rate.
The price has now been adjusted from 0.36/BTC per day to 0.56/BTC/day with a cap of 3 available orders at this time.

Thanks for all your support! Setup time now pushed back to 1 hour and current orders will start seeing progress on the accounts starting now.

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July 25, 2013, 02:21:45 PM
 #52

I have signed up, the free service is in operation and working nicely but I am having an issue with transferring via coinbase for the monthly service signup, I have sent a pm to maco can you please check your pm to see if you can assist me.
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July 25, 2013, 02:29:01 PM
 #53

I have signed up for the 8000 pps package and am awaiting my set up =]

BTC Address: 15xKtJFLGWEnCE76ti6KFXVoT1v4FBxjCq  |  LTC Address: LQMarmNkdo5r7BpxbfEUbCxgopxYVJ7qB6  
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July 25, 2013, 03:09:49 PM
 #54

Is this more profitable than simply trading BTC for XPM on an exchange?

Please let me know your experiences!

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July 25, 2013, 03:09:55 PM
 #55

great job, just signed up a trial. Interesting service.

Sorry trial is closed for now.. but you are on the waiting list

I have signed up for the 8000 pps package and am awaiting my set up =]

Welcome aboard. Your account is LIVE and should be populating moving forward from now.
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July 25, 2013, 03:11:51 PM
 #56

received my email about my order being processed Smiley

Yeah, your account is populating. Thanks for joining
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July 25, 2013, 03:18:07 PM
 #57

Review 1000pps option

Will start with good news - those guys have done incredible job, everything went so smoothly and can't see any problems with their service. Somebody - please buy them bear Smiley

And continue with bad news:
1000pps cost per 24 hours is 0.01 BTC, which is ~ 1.1 XPM

My 6 hour free ride would normally cost 0.275 XPM

In those 6 hours with 1000pps I got 49 shares and 0.080096 XPM unconfirmed

That is I got 3.4 times less profit that I would pay for service


Will bigger pps service pay off? not sure, but somebody could review.

The problem is - 10 times higher pps will probably give you 20 times more XPM, but 10,000 pps is 10 times bigger and costs 20 times more, so we are back to square 1


My opinion - great service, cost probably is adequate, but XPM difficulty vs price is not, therefore currently you will loose a lot of money, with profit more than 3 times smaller than service cost.
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July 25, 2013, 03:19:51 PM
 #58

Is this more profitable than simply trading BTC for XPM on an exchange?

Please let me know your experiences!

Totally different ball games. Exchange is short term, and its hit and miss.

Mining with our route is like having employees working under you... you just tell it where to go, and they get the job done. What I love about the pool is we have alot of strength on the network, and we are earning no matter what. It's tough sitting on no blocks solo mining because a big shark is taking over.  At least now you can have a few more fishes to eat and some extra, rather than no fish at all.
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July 25, 2013, 09:15:59 PM
 #59

Hello Primecoiner's,

I have some good news to announce. We have launched the first batch of orders of 20k pps and almost sold out of the second batch. I am seeing valid shares coming through and it is only going to increase as it rolls. Its a +1 cycle system.

Our free 6 hours trial was short and sweet... And it was there to try. We kept some 6 hour accounts live for them to continue trying and this was random as we at Host for bit, drew 5 names out of a hat to give some users up to 4 hours extra. P

We will let you know when that trial is back but as of now its 1000 pps for 0.01/btc a day

Overall, we have more good news. We are working closely to optimize our systems and port routing to try and enable a much faster speed and processing rate for each pps that it outputs. If successful, users may see a jump of 5% increase in valid shares per round.

We hope to continue working on serving the community with more value daily

Thanks for choosing us as your host for bit provider in xpm mining
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July 25, 2013, 11:13:23 PM
 #60

Here's my report: I've been given a bit more than 11 hours of free usage of basic service.

Mined 0.270814 XPM during that time, meaning I would probably get ≈ 0.270814 / 11 * 24 = 0.59 XPM for 24h usage.
That usage costs 0.01 BTC ≈ 0.01 / 0.00842772 (current mcxNOW rate) = 1.18 XPM.

It gets down to this: you pay 1.18 XPM/day to earn 0.59 XPM/day. Thanks for free trial, but there is no logic for me to pay for the service.

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