COINOTRON pool - BTC pool closed, please withdraw your coins.

[coinotron]

Is Coinotron going to offer merged-mining for I0Coin?  Block 160K is coming up really fast...

I'm not sure yet.

[coinotron]

Due to low interest of miners we decided to close IXC and I0C sub-pools.
We will not offer merged mining for those coins.
Please withdraw your coins until 2012-01-31.

[coinotron]

On 2012-01-20 we have experimentally introduced to our pool new coin - LQC.
After 1 day LQC subpool hashrate reached 1 Mh/s !

[martychubbs]

Are you going to implement merged mining?  Why did I give you my NMC address?

I mine and mako no NMC, you Icehole! Farking Bastage...you giva me diarrhea ~ Roman Moroni (no seriousness intended  )

[coinotron]

Are you going to implement merged mining?  Why did I give you my NMC address?

I mine and mako no NMC, you Icehole! Farking Bastage...you giva me diarrhea ~ Roman Moroni (no seriousness intended  )

We will not implement mm for NMC too.

[Fuzzy]

I've been mining for a while with just over 200 kH/s and my payouts are way below what the SolidCoin calculators are quoting. Am I misunderstanding how the shares are split?

The calculators say I should be getting about 30 SC/day, just over 1/hr, but after leaving it on over night, I've got about 1.9 SC

Am I missing something?

[Rubberduckie]

the block reward changed at block 180000 from 5SC to 0.07

[Rubberduckie]

I've been mining for a while with just over 200 kH/s and my payouts are way below what the SolidCoin calculators are quoting. Am I misunderstanding how the shares are split?

The calculators say I should be getting about 30 SC/day, just over 1/hr, but after leaving it on over night, I've got about 1.9 SC

Am I missing something?

http://solidcointalk.org/topic/523-new-economic-changes-in-solidcoin-v204/

[Fuzzy]

Looks like I just missed the boat. They've drawn the line for early adopters, and any mining done hence forth will be lucky to break even with the power bill 

[coinotron]

DGM reward system in BTC pool !
 
We are changing our BTC payout algorithm to Meni Rosenfeld's Double Geometric Method. This method has been designed to limit reward variance and is hopping-proof. Details about DGM you can find here: https://bitcointalk.org/index.php?topic=39497.0
We chose following values for DGM parameters:
 f = -1
c = 0.5
o = 0.25

Edit: DGM will be enabled in next round, ie round number 56. Current round (55) will be payed out like previous one, as proportional.

[martychubbs]

DGM reward system in BTC pool !
 
We are changing our BTC payout algorithm to Meni Rosenfeld's Double Geometric Method. This method has been designed to limit reward variance and is hopping-proof. Details about DGM you can find here: https://bitcointalk.org/index.php?topic=39497.0
We chose following values for DGM parameters:
 f = -1
c = 0.5
o = 0.25
For next 10 rounds BTC mining fees will be reduced to 0%

Thanks for the notice!  Now there are sooo many reasons to mine coinotron!  Merged mining right?   Switched in mid round, right?

[coinotron]

DGM reward system in BTC pool !
 
We are changing our BTC payout algorithm to Meni Rosenfeld's Double Geometric Method. This method has been designed to limit reward variance and is hopping-proof. Details about DGM you can find here: https://bitcointalk.org/index.php?topic=39497.0
We chose following values for DGM parameters:
 f = -1
c = 0.5
o = 0.25
For next 10 rounds BTC mining fees will be reduced to 0%

Thanks for the notice!  Now there are sooo many reasons to mine coinotron!  Merged mining right?   Switched in mid round, right?

Heh, DGM will be enabled in next round. Current round is proportional.
And to clarify merged mining issue: we don't plan to introduce it.

[joulesbeef]

can we get the BTC  min withdraw lowered so some of us slower peeps can get our coins off?

seem like anything below 0.5 doesnt work

[coinotron]

can we get the BTC  min withdraw lowered so some of us slower peeps can get our coins off?

seem like anything below 0.5 doesnt work

OK. I changed minimum withdraw amount to 0.1

[Schwede65]

all coinotron pools down?

how does the dgm handle the pool downtime, this seems like hopping of the members, but it is not hopping...

[joulesbeef]

can we get the BTC  min withdraw lowered so some of us slower peeps can get our coins off?

seem like anything below 0.5 doesnt work

OK. I changed minimum withdraw amount to 0.1

that was quick.. thanks

[coinotron]

can we get the BTC  min withdraw lowered so some of us slower peeps can get our coins off?

seem like anything below 0.5 doesnt work

OK. I changed minimum withdraw amount to 0.1

that was quick.. thanks

I was going to change that few months ago, but I was too lazy then

[coinotron]

FYI.

Today last proportional BTC block has been solved.
Current round will be rewarded using DGM.

[Schwede65]

FYI.

Today last proportional BTC block has been solved.
Current round will be rewarded using DGM.

as i asked above:

what is with the pool-server-downtime in DGM-reward?

[coinotron]

FYI.

Today last proportional BTC block has been solved.
Current round will be rewarded using DGM.

as i asked above:

what is with the pool-server-downtime in DGM-reward?

As far as I understand DGM, such downtime doesn't change miner's reward because algorithm of reward calculation doesn't depend on time when given share was submitted.

Here is quote from Meni's thread about DGM:
"In the capacitor analogy, every miner has a capacitor which is charged as he submits shares, and its charge level affects how much he gets per future block found. The pool at large does not have a capacitor which charges as blocks are found and affects the reward for future shares submitted. The pool's history has no effect whatsoever on the rewards for future shares."

https://bitcointalk.org/index.php?topic=39497.msg687419#msg687419