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

[coinotron]

We have added SSL support. Our website forces all connections to HTTPS.

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[coinotron]

Any chance of having an auto exchange to mine one thing and convert to another or trade 1 coin for another ?

Currently I'm not planning to provide such functionality. It would require a lot of hard work to setup and probably would be used only by few miners.
I will reconsider this idea when alt currency networks grow in size significantly.

[coinotron]

TRC-relevant stats should link here:
http://www.cryptocoinexplorer.com:3750/

I will add it in next release of website.

It seems to me BTC per day is still calculated at 50 BTC / block.

Thanks. You are correct. There was unspotted 50 BTC hidden in sourcecode
Fixed.

[coinotron]

We are introducing PPS/RBPPS payout algorithm in our Bitcoin Pool.

New system will be turned on at the beginning of BTC round #112. Simultaneously DGM system will be switched off.
All existing BTC workers will be automatically switched to RBPPS.  
All remaining ("buffered") DGM rewards will be credited to miners balances at the end of current round (#111).

Shares delivered via PPS/RBPPS worker will be rewarded with constant rate:  
RBPPS share value = 0.98 * 25 BTC * Share difficulty / Current BTC Difficulty  
PPS share value   = 0.965 * 25 BTC * Share difficulty / Current BTC Difficulty  

RBPPS means Round-Based Pay Per Share. It works like Like PPS with one exception: payouts are delayed till a block is found and confirmed by the network. If a found block gets orphaned, earnings relative to it are not paid.  

[coinotron]

What is the reason for LTC having so high payout threshold? Looking at reward per share, I think 1 would be more appropriate value.

Almost to each transaction below 10LTC litecoin client adds 0.1 LTC transaction fee. In case of 1 LTC payout it is 10% !
Relatively high 10 LTC threshold was easiest to implement.
Another solution is small payout fee for payouts below say 10-20 LTC.

[coinotron]

So high transaction fees could kill Litecoin. Anyway, thanks for clarifying the threshold.

When it comes to Terracoin, pool is still not linking payouts, e.g. payout address(es) to Terracoin explorer. Login > click on executed TRC payout > fail!  

Have you considered adding Namecoin as merge-mined with Bitcoin? Quite a lot of pools have such setup.

Those fees were designed to protect LTC chain from spam attacks.
I completely forgot about payout links! I will fix it ASAP.
I don't like the idea of merged mining in general + a lot of work to implement = no MM in Coinotron

[coinotron]

Useful info to add would be how often auto-payout triggers. Few people I sent to Coinotron went mad on me because it's not
instant, LOL! They were expecting that payment will be made as soon as they have enough confirmed coins, set payout amount
equal or higher than minimum value and click on "Save".

Yeah, that must be irritating.
Instant payout is on my dev. list.
Meanwhile I added info  how often auto-payout triggers.
Thanks for your help and suggestions

[meebs]

Useful info to add would be how often auto-payout triggers. Few people I sent to Coinotron went mad on me because it's not
instant, LOL! They were expecting that payment will be made as soon as they have enough confirmed coins, set payout amount
equal or higher than minimum value and click on "Save".

Yeah, that must be irritating.
Instant payout is on my dev. list.
Meanwhile I added info  how often auto-payout triggers.
Thanks for your help and suggestions

considering your lower fees.. for a 24/7 miner it is worth it to have to wait a little bit longer for the coins if you are getting more of them

that said.. I REALLY wish you guys would track # of share submitted by miner....

[coinotron]

considering your lower fees.. for a 24/7 miner it is worth it to have to wait a little bit longer for the coins if you are getting more of them

that said.. I REALLY wish you guys would track # of share submitted by miner....

We are tracking and storing # of shares submitted by each worker for all coins since beginning. However there is no UI to view actual values. Simply there was always something more important to do Currently for example Stratum/GBT seems to be such thing.

[coinotron]

FYI

PPS / RBPPS mode in BTC pool works perfectly. Coinotron solved first PPS BTC block (210499). Payouts has been calculated and sent.

[coinotron]

We are under DDOS attack.

[coinotron]

Pool is up and running.

[coinotron]

FYI
Usage of PPS and RBPPS workers :

          PPS     RBPPS       
BTC     15%      85%     ( 3 days after introduction of PPS/RBPPS workers )
LTC     50%      50%
PPC     60%      40%
TRC     70%      30% 

BTC miners seem to decisively prefer RBPPS atm.

[tomaszsz]

FreiCoin another coin without exchange and future, what about ?Microcash ? and solidcoin 

and what about  Mhash as Ghash ?  Continue to look for gullible people?

[coinotron]

FYI
Usage of PPS and RBPPS workers :

          PPS     RBPPS       
BTC     20%      80%     ( 1 month after introduction of PPS/RBPPS workers )
LTC     75%      25%
PPC     40%      60%
TRC     20%      80% 
FRC     40%      60%

[crazyearner]

Website just had some connection problem on.

Also do you guys have IRC ?

[BitcoinOxygen]

Also do you guys have IRC ?

You could check channel #coinotron ;)wink

Regards
BitcoinOxygen

[coinotron]

Website just had some connection problem on.

Also do you guys have IRC ?

Sorry for that outage. I was applying security patches. Unfortunately it took little more time to complete than I estimated
We don't have our own IRC channel, but I'm always present on #litecoin

[coinotron]

We have added Stratum support to BTC pool. So now we have stratum in BTC, LTC, TRC !

1. Please use latest versions of following miners: cgminer, bfgminer, guiminer, poclbm <br />
2. Stratum mining is available in the following pools:

BTC  = coinotron.com:3333
LTC  = coinotron.com:3334
TRC  = coinotron.com:3335

3. Share difficulty may differ from main getwork pool.

[coinotron]

FYI

Efficiency of Stratum pools :

BTC pool efficiency = 99.78%
LTC pool efficienfy = 99.4%
TRC pool efficiency = 99.36%