[~25.5 TH] New Pool | 0% Fees | VARDIFF | ASIC Ready | PPLNS+Loyalty/PPS

[BTCMiners.net]

Still looking for miners!  If you have any questions, please feel free to PM me!

I have about 1TH, did solo mining on my own pool, found few blocks, had a stretch of 10 days without a block and I can tell you that with 100GH you might be going 60-100 days without a block.
And I was lucky because my blocks were found after 1-2xdiff shares.  Now, on average you probably need to find 100-300M diff1 shares to solve a block.

I remember, between 86M and 112M, I did find a block that was orphaned so I did not get paid.  So imagine mining with 100GH for 3 months only to find an orphaned block.

Mining is about hours, days at most weeks these days.

With 100GH your variance will be huge, if you ever find a block it will be by accident.

Remember that diff increases every two weeks, so to keep the same chance of solving a block,
you have to add more hashing power, that is every two weeks!!!

People with more hashing power than me use pools to reduce the variance.

I don't disagree with you one bit at all.  I was actually lucky as hell as when I started this pool I found the block 257336 (My Pool's BTC Address: 1Cdn1JeBKz8JHsk6v6y2s2QvPANFH63kgu)
Block Info: https://blockchain.info/block-index/416849  -- I found that block in 48 minutes.  Completely luck no doubt.  But there's nothing wrong with starting a new pool and adding to the list, it will only help decentralize the currency even more.  I'm not taking a nickle from the pool so everyone gets their fair share of funds and then some from miners who end up leaving.  So that's why we're looking for dedicated miners to find these blocks.  As the pool grows, I have a dedicated server ready to deploy with no/limited downtime.  The longest downtime would be the network propagation of the A Name Address, but will post an IP address days before the transition.  I'm actively working on the statistics right now and working on getting a 'User Management' page up soon, so that you can have a lot of options as a big pool would have.  We are small and I completely understand the variance of it, but being able to show I'm willing to mine with all my power should show I'm committed to maintaining the pool.  I've only done a recent 30 minute hop between BTCMiners and another pool just so that the pool is funded for hosting, etc.. until it's time to colo a server.  The KVM Server I'm using is definitely powerful enough for the time being.  I would imagine with the current setup once we reach around 5 TH/s is when I'll need to upgrade to the colo which then will be able to support a lot more than that.

The server that will be colocated will be a:

AMD FX-6100 Hex Core (OC'd to 4GHz)
32GB DDR3 Memory
480GB SSD w/ 2TB backup 7.2K RPM
3x 1Gbps NIC's (DC will allow multiple connections to the switch)
I'll have 1Gbps w/ 15TB of bandwidth a month

The server is solid and ready to go, I'm just not willing to invest yet into putting it into a DC until there are more active miners.   If you're interested in mining with us, we'd be glad to have you!  Thanks for your post.

[1713950028]

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[1713950028]

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[1713950028]

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[af_newbie]

It is all fine.  But you have to ask yourself, what is there for the miners?  Why would someone want to join your 100GH pool?
If I wanted 0% pool, I'd go to EMC, DGM.  They also have 5% PPS.

Miners have options:

btcguild
50btc
bitminter
eclipsemc
eligius


All are ASIC ready and have non-PPS payouts, some do merged mining.

So why would someone want to mine at your pool?  If you offer 1-3% PPS, maybe you'll get some traction.
Otherwise, it will be hard to convince people to join.

I think times of "If you build it, they will come" are pretty much over.

[BTCMiners.net]

It is all fine.  But you have to ask yourself, what is there for the miners?  Why would someone want to join your 100GH pool?
If I wanted 0% pool, I'd go to EMC, DGM.  They also have 5% PPS.

Miners have options:

btcguild
50btc
bitminter
eclipsemc
eligius


All are ASIC ready and have non-PPS payouts, some do merged mining.

So why would someone want to mine at your pool?  If you offer 1-3% PPS, maybe you'll get some traction.
Otherwise, it will be hard to convince people to join.

I think times of "If you build it, they will come" are pretty much over.

Not disagreeing with you at all.. Just offering options..  Some people still like to mine at smaller pools.. Plus I am offering incentives from my own pocket to those who find the block I'll be giving away free Steam games.

[BTCMiners.net]

Would love to have some new miners join us!

[mogrith]

like the new info dials on the front page.

[BTCMiners.net]

like the new info dials on the front page.

Thanks!

[Havek]

You should offer account registration and worker names and stuff.  Maybe people would help you out a little if you gave them an account page with payout address and stuff so they felt safer.  Right now it looks like you just have to set them up manually?

[BTCMiners.net]

You should offer account registration and worker names and stuff.  Maybe people would help you out a little if you gave them an account page with payout address and stuff so they felt safer.  Right now it looks like you just have to set them up manually?

Its in progress.  The user account page is being coded literally as fast as I can.  Payments are manual, but with the amount of workers it's not that big of a deal right now.  I'm working on the website daily, but it's a lot of behind the scenes coding before I can make it public, not to mention some testing first.

But the pool is coming along.  Just wanted to get the name out and possibly get some miners already mining since I'm taking 0% out of this and actually paying out of my pocket to have it run, no including the time; I'd like to see the pool prosper a little bit in hashing rates to continue development.  I'll be going to the extent at first to have a landing page with pool stats, then user management at the very least before getting more elaborate with it. 

Thanks for the post!   Hope to see you hashin' with us soon!

[BTCMiners.net]

Still operational!

[mogrith]

I'll swap back later tonight.

[BTCMiners.net]

I'll swap back later tonight.

I'll be back personally within the next 48 hours.  Earned enough BTC to keep pool running for 6 months.

[mogrith]

I'm getting pool 0 auth failure

with mogrith or 1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp bfgminer 3.1.4 and 3.2.1

------\bfgminer.exe -o http://stratum.btcminers.net:3334 -u mogrith -p Whatever -S all


[2013-09-26 23:10:04] pool 1 JSON stratum auth failed: [
  -1,
  "(2006, 'MySQL server has gone away')",
  null

[2013-09-26 23:10:04] pool 0 JSON stratum auth failed: [
  -1,
  "(2006, 'MySQL server has gone away')",
  null

[BTCMiners.net]

I'm getting pool 0 auth failure

with mogrith or 1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp bfgminer 3.1.4 and 3.2.1

------\bfgminer.exe -o http://stratum.btcminers.net:3334 -u mogrith -p Whatever -S all


[2013-09-26 23:10:04] pool 1 JSON stratum auth failed: [
  -1,
  "(2006, 'MySQL server has gone away')",
  null

[2013-09-26 23:10:04] pool 0 JSON stratum auth failed: [
  -1,
  "(2006, 'MySQL server has gone away')",
  null

Haven't been able to replicate the problem.  I rebooted the system today since no one was on and turned everything back on and I'm hashing away just fine... try again, see what happens??

[mogrith]

Will do later tonight

[BTCMiners.net]

Will do later tonight

Have you ran into that problem again?

[mogrith]

No, up and mining now 

[BTCMiners.net]

We could sure use some more hashing power!

[HotSwap]

Ill toss 60 at you over the night, maybe we will strike it rich! ha

[awesomeami]

AMD FX-6100 Hex Core (OC'd to 4GHz)
32GB DDR3 Memory
480GB SSD w/ 2TB backup 7.2K RPM
3x 1Gbps NIC's (DC will allow multiple connections to the switch)
I'll have 1Gbps w/ 15TB of bandwidth a month

The server is solid and ready to go, I'm just not willing to invest yet into putting it into a DC until there are more active miners.   If you're interested in mining with us, we'd be glad to have you!  Thanks for your post.

Can you pls gimme contact to hosting company?
Just wanna check for price and get 1 for myself - nothing related to you/your pool or even mining.
ty

[BTCMiners.net]

Ill toss 60 at you over the night, maybe we will strike it rich! ha

Ha, yea that would of been nice to get overnight!  Feel free to come back and join us!

AMD FX-6100 Hex Core (OC'd to 4GHz)
32GB DDR3 Memory
480GB SSD w/ 2TB backup 7.2K RPM
3x 1Gbps NIC's (DC will allow multiple connections to the switch)
I'll have 1Gbps w/ 15TB of bandwidth a month

The server is solid and ready to go, I'm just not willing to invest yet into putting it into a DC until there are more active miners.   If you're interested in mining with us, we'd be glad to have you!  Thanks for your post.

Can you pls gimme contact to hosting company?
Just wanna check for price and get 1 for myself - nothing related to you/your pool or even mining.
ty

There are a bunch of colo providers out there who offer great deals, www.webhostingtalk.com   (for colo hosting: http://www.webhostingtalk.com/forumdisplay.php?s=e971f27a6a3597c5f8c4690379f4cc86&f=131)

I personally OWN that server, it's sitting right now collecting dust as we speak since I have nothing really to use it for.  I mean it's running right now, but as a home media server.. for the time being.  The SSD is inactive as I don't want to use it currently when it's not needed just have the mechanical drives plugged in.