Anyone mining at ghash.io ? Any anecdotes ?

[Xian01]

 Recently created an account on cex.io and thinking of pointing my boxes at ghash.io.

 Any issues to speak of ? Good or bad stories ?

[bee7]

2% or 3% fees. this is the only anecdote.

[juhakall]

There is a strange delay when connecting to the pool after restarting BFGMiner. It will take up to 5 minutes until the pool is marked alive. I'm curious if this happens with other miner software.

[juhakall]

2% or 3% fees. this is the only anecdote.

Where do you get that? They list the full block rewards including transaction fees in their block table. Unfortunately my hashrate is too low to calculate accurately whether there is a fee or not, since the percentage of my shares relative to total is truncated to two decimals. Someone with 1% or more of the pool's hashrate should be able to calculate how high the fee is with a low enough error margin.

[bee7]

There is a strange delay when connecting to the pool after restarting BFGMiner. It will take up to 5 minutes until the pool is marked alive. I'm curious if this happens with other miner software.

they have two pools to connect: us1.ghash.io and nl1.ghash.io, both supports stratum. Check the settings. (just ghash.io is only the web interface)

[juhakall]

There is a strange delay when connecting to the pool after restarting BFGMiner. It will take up to 5 minutes until the pool is marked alive. I'm curious if this happens with other miner software.

they have two pools to connect: us1.ghash.io and nl1.ghash.io, both supports stratum. Check the settings. (just ghash.io is only the web interface)

I'm using nl1.ghash.io, but I just tried us1 and it has the same delay.

[fsb4000]

2% or 3% fees. this is the only anecdote.

Where do you get that? They list the full block rewards including transaction fees in their block table. Unfortunately my hashrate is too low to calculate accurately whether there is a fee or not, since the percentage of my shares relative to total is truncated to two decimals. Someone with 1% or more of the pool's hashrate should be able to calculate how high the fee is with a low enough error margin.

3% PPLNS, Transaction Fees are paid to miners

[bee7]

Where do you get that?

It was said somewhere in the russian part of this forum. I don't remember where, As for connection problems - I have no idea, I switched to Eligius. May be it is under DDoS just now.

[spiccioli]

2% or 3% fees. this is the only anecdote.

Where do you get that? They list the full block rewards including transaction fees in their block table. Unfortunately my hashrate is too low to calculate accurately whether there is a fee or not, since the percentage of my shares relative to total is truncated to two decimals. Someone with 1% or more of the pool's hashrate should be able to calculate how high the fee is with a low enough error margin.

3% PPLNS, Transaction Fees are paid to miners

There are much cheaper pools...

spiccioli

[Sparks]

2% or 3% fees. this is the only anecdote.

Where do you get that? They list the full block rewards including transaction fees in their block table. Unfortunately my hashrate is too low to calculate accurately whether there is a fee or not, since the percentage of my shares relative to total is truncated to two decimals. Someone with 1% or more of the pool's hashrate should be able to calculate how high the fee is with a low enough error margin.

3% PPLNS, Transaction Fees are paid to miners

There are much cheaper pools...

spiccioli

So this is lie on the top of the ghash.io page:
Pool fee is 0% ! However, we have NMC merged mining to cover pool expenses.
 

[mogrith]

It used to say 3% it correctly says 0%. the 3% is old info 0% is correct now.

just remember this is separate from the mining you can buy at cex.io you are just using it like any other pool.
As you can see from my sig I mine elsewhere. 

[Zeek_W]

They are now 0% but merge mine NMC and keep that for themselves as payment from what I can gather.

[HellDiverUK]

Pool fee is 0% ! However, we have NMC merged mining to cover pool expenses.

....

They are now 0% but merge mine NMC and keep that for themselves as payment from what I can gather.

Really?  Who knew? 

[PatMan]

I jumped in with them a few days ago when you could buy 1G/h @ BTC0.07 - it was a steal. I'm tired of paying over the odds for hardware that's obsolete by the time it's delivered/plugged in - then having to pay electricity for the privilege, especially now the electricity cartels/companies have just increased their prices here in the UK - AGAIN
If they stick around I'll be tempted to sell all my mining hardware & deal only with them- it's slowly turning into a money pit this mining lark.....

Edit: They've also been rock solid in the few days I've been with them also - can't fault them tbh.

[mogrith]

I did see a short ~10min outage. unlike that happening to my home rig. CEX.io rased by GH/s for a few shares until my hourly ave went back to my purchased level. So no BTC lost.

[Miramyn]

Pool seems stable for me.
I make more coin by buying/selling GH/s than I do mining though.

Can usually get a 5-10% movement per day without having to watch too closely.

[Andrey]

For those who don't know how to register on ghash.io - just register on cex.io and you will have same account for both sites. You can use link from my sig as a "thank you".

[wrenchmonkey]

It's a double-edged sword though. If you want to keep your payouts separate from your 'trading' money, it's not a good idea. It muddies the waters for trying to track profits. If you aren't going to do much trading, and you don't care about tracking stuff, using the same account will make life simpler. You can use the link in my signature as a thank you as well. 

[Xian01]

I took the plunge a few days ago, and am going to play around with reinvesting mined BTC into GHS, and see how that works out for a while.

Interesting site.

Thanks for your input.

[Andrey]

GH is currently overpriced, take this into account:

I think the recent GH price rise on cex.io was caused by possibility to redeem actual miners.

Although there are 2 factors market did not accounted for yet, which shall correct price greatly:
1. You can redeem same hardware for a price of about BTC0.068 per GH (I've used lowest hashrate from their range). Hardware is in stock here: http://bitbonanza.co/shop/thefirst/ and they have hosting solution too.
2. From the 1st of November there will be a maintenance fee of $0.001 per GH per hour. That is about $0.72 per month (and here is hosting for about $1 per GH (using pessimistic hashrate again). And it is actually much cheaper to pay for electricity then for hosting service at cex.io, right now the hosting is free there.

So  I think price will drop to somewhere closer to BTC0.068 in the nearest future.