[~10 GH/sec] pool.betcoin.co - Newbie Support Thread

[igl00]

yep very good pool so far. lets see when we find block hows that gonna go!

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[somebadger]

Ive had some feedback on the 1% initial fee going to the winer of the 1st block and ive decided to scrap the fee alltogether, instead i'm donating 4BTC to the pool in the following way:

2 BTC to the person who finds the block
2 BTC to the team leader of the person who finds the block

Good luck guys, the more ppl u bring (use your link) the higher chance u have of getting the 2BTC team leader prize

[ManOfKnight]

How do I add my buddy Widgets to my team?  I invited him before teams started and he is running pool.betcoin.co daily on his 5870.

[somebadger]

How do I add my buddy Widgets to my team?  I invited him before teams started and he is running pool.betcoin.co daily on his 5870.

already done, see the other thread

[ManOfKnight]

Thanks SomeBadger for taking care of that for me.

A few of my other buddies are still on the fence until we find a coin.  I told them that another 1.5-2Gh/s would help the pool tremendously.

[somebadger]

Thanks SomeBadger for taking care of that for me.

A few of my other buddies are still on the fence until we find a coin.  I told them that another 1.5-2Gh/s would help the pool tremendously.

Yeah lots more people will come once we solve a block, but we need more people to solve the block quicker, its a catch 22

ps. u cant have an image in your sig till u make 50 posts

[ManOfKnight]

I noticed that...I tried to add my image that you placed on the betcoin.co website...too bad.

[somebadger]

I noticed that...I tried to add my image that you placed on the betcoin.co website...too bad.

you can still use your referral link that gets members into your team

[bcheck555]

Please comment on your "Cheatproof" scoring? Meni's system?

[somebadger]

Please comment on your "Cheatproof" scoring? Meni's system?

http://forum.bitcoin.org/index.php?topic=26613.msg357208#msg357208

[badfrog]

Im on it, and Leading the Scoreboard on the 2nd Place

Greetings, Frog

[bcheck555]

Please comment on your "Cheatproof" scoring? Meni's system?

http://forum.bitcoin.org/index.php?topic=26613.msg357208#msg357208

So some type of implementation of Meni's anti-cheat system as described here: http://forum.bitcoin.org/?topic=4787.0
This was the the system used at the now defunct continuum pool. What values are you using for c and f? If it's the same method I may move my miners over. Thanks.

[linkme]

Im on it, and Leading the Scoreboard on the 2nd Place

Greetings, Frog

just wait till i get my new riser cables, i'll be back ontop,... come on postage !

[nihilista]

Joined this pool about a week ago. UI is cool and it's exciting waiting for the first block 

¿Somebody knows of app for android to check the pool?

Thanks

[somebadger]

Joined this pool about a week ago. UI is cool and it's exciting waiting for the first block 

¿Somebody knows of app for android to check the pool?

Thanks

not off the top of my head, but i could make a very basic status page to check in your browser, or if you have an app that can read json you can always use the pool api

also guys feel free to comment on the betting idea in the other thread ( http://forum.bitcoin.org/index.php?topic=26613.msg362194#msg362194 )

[deepceleron]

So the banner ad of somebadger says 'my team of 45 is doing 5232 Mh', and ad of linkme says 'my team of 3 is doing 2469', and the total pool stats are: Current Workers: 12, Current Hashrate: 8.9 GH/s, no blocks found. Not looking so good after nine days.

"You have to start somewhere", but maybe get rid of the teams, the rankings, the banner signatures with referral links, the gambling name, and the 2% fee for withdraws when there is something to withdraw. Then you still have to entice people to join, when their contribution in solving the first block will be diluted by the 700,000 shares in the first round already added by miners who have come and gone. Another recently started pool was knocking out four blocks a day at ten days in, by not looking shady.

The only pool I think is missing from the marketplace is a low-fee PPS pool.  I think people would respond quickly to a pool with no concept of solving a block, stats, teams, bonuses, referrals, lotteries, 'triple your earnings', etc. To the user, they sign up, start submitting shares, every share earns them 0.0000319 BTC, the balance starts going up immediately, and they can press the withdraw button any time and receive it all for a .001 BTC fee. The web site can be white with black text, too. Just don't try starting this unless you have 500 BTC bankroll to insure against the worst-case variability.

[somebadger]

"You have to start somewhere", but maybe get rid of the teams, the rankings, the banner signatures with referral links, the gambling name, and the 2% fee for withdraws when there is something to withdraw. Then you still have to entice people to join, when their contribution in solving the first block will be diluted by the 700,000 shares in the first round already added by miners who have come and gone. Another recently started pool was knocking out four blocks a day at ten days in, by not looking shady.

Why remove the teams, rankings, and banner sigs ? if people dont want to use them then dont.

re the fee, this is only for manual withdrawal, you can always use automatic for free and thats processed twice per day. you could even use it as manual if you wanted

ie. set auto payout to 100000BTC then when u want to withdraw set it to 1btc

the manual fee is a rushed version where i have to wakeup/come to the computer and manually process it, hence the fee.

[deepceleron]

"You have to start somewhere", but maybe get rid of the teams, the rankings, the banner signatures with referral links, the gambling name, and the 2% fee for withdraws when there is something to withdraw. Then you still have to entice people to join, when their contribution in solving the first block will be diluted by the 700,000 shares in the first round already added by miners who have come and gone. Another recently started pool was knocking out four blocks a day at ten days in, by not looking shady.

Why remove the teams, rankings, and banner sigs ? if people dont want to use them then dont.

re the fee, this is only for manual withdrawal, you can always use automatic for free and thats processed twice per day. you could even use it as manual if you wanted

ie. set auto payout to 100000BTC then when u want to withdraw set it to 1btc

the manual fee is a rushed version where i have to wakeup/come to the computer and manually process it, hence the fee.

Teams: gives the impression some teams win and other teams lose, with the new member on the losing side
Rankings: Having it there shows that one should value it. It can only discourage membership of those who would expect not to place on the list, or those that expected to but don't.
Banners: Are referral links, encouraging more forum spam I get to ad block. When referrals are rewarded, they are rewarded out of the profitability of others, so if I see the obvious referral link, I'm not clicking.
Betcoin: What am I betting on? Does the house always win? Another pyramid scheme?

All of these make me want to join the pool as much as a slick talker in a plaid suit makes me want to buy a used car.

[somebadger]

Teams: gives the impression some teams win and other teams lose, with the new member on the losing side
Rankings: Having it there shows that one should value it. It can only discourage membership of those who would expect not to place on the list, or those that expected to but don't.
Banners: Are referral links, encouraging more forum spam I get to ad block. When referrals are rewarded, they are rewarded out of the profitability of others, so if I see the obvious referral link, I'm not clicking.
Betcoin: What am I betting on? Does the house always win? Another pyramid scheme?

All of these make me want to join the pool as much as a slick talker in a plaid suit makes me want to buy a used car.

Teams: are only there for a 2 BTC Bonus ONTOP of the current block, so no-one is loosing except me with the teams since i have to pay 4BTC per block in bonuses

Rankings: there is no harm in a bit of a pissing contest If you dont like it dont join

Banners: banners are images not links users can also choose to use the team link if they like. Referals only help drive people to help get the pool more registrations, and the rewards do not cost anyone anything (except me like i said b4)

Betcion: you dont have to bet on anything, its just a domain i had that i thought i would use. But we are thinking of having some fun and games with some betting using your current share balance but if you dont want to bet and just want to mine like any other pool, thats fine with me.

[whonesta]

Why are rejects SO high on your pool? 2 - 300 MH/s miners on Deepbit get < 1% stale, yet on Betcoin getting upwards of 20% stale. Check out my team stats as they are public.. Would like to figure this out as I do like the concept of a smaller pool..