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Author Topic: [~20GHs] BTCPool24 0%,PP,PPS,LP,JSON,Instant pay  (Read 7668 times)
farfiman
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July 27, 2011, 08:06:22 AM
 #21


 You can mine with PPS and instantly payout your BTCs. You dont have to wait for the block to be found.
 So there's is no risk for any miners at all. Register-mine with PPS-cash out.
 

Although it seems i was being negative I had no intention to be.
I wish you all the luck . I like small pools Smiley


"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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Jack of Diamonds
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July 27, 2011, 08:26:43 PM
 #22


 You can mine with PPS and instantly payout your BTCs. You dont have to wait for the block to be found.
 So there's is no risk for any miners at all. Register-mine with PPS-cash out.
 

Like farfiman, I prefer to diversify especially to small startup pools (well, before the difficulty increases and stagnating btc price) and liked your pool.
I actually posted to save you from a financial ruin, not to be negative.

The fact is, it only takes 1 long round like this one to bankrupt you.
The big PPS miners cash out and disappear, but you have no block to show for it. Maybe it keeps going on & on to 6, 7, 8 million shares.

Meni Rosenfeld's PPLNS idea is good, even a small pool can successfully adapt it & you don't have a personal risk. It could work with btcpool24

I'm saying this instead of exploiting your feeless PPS, because I don't think you deserve to lose thousands of dollars.
But someone else might not be so 'understanding'. They wont be sticking around with the pool, they'll drain your reserves and run.

0% pure PPS with automatic payout is like a free lunch for the wolves (& a huge gamble for the operator)

1f3gHNoBodYw1LLs3ndY0UanYB1tC0lnsBec4USeYoU9AREaCH34PBeGgAR67fx
btcpool24
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July 28, 2011, 05:22:37 PM
 #23


 You can mine with PPS and instantly payout your BTCs. You dont have to wait for the block to be found.
 So there's is no risk for any miners at all. Register-mine with PPS-cash out.
 

Like farfiman, I prefer to diversify especially to small startup pools (well, before the difficulty increases and stagnating btc price) and liked your pool.
I actually posted to save you from a financial ruin, not to be negative.

The fact is, it only takes 1 long round like this one to bankrupt you.
The big PPS miners cash out and disappear, but you have no block to show for it. Maybe it keeps going on & on to 6, 7, 8 million shares.

Meni Rosenfeld's PPLNS idea is good, even a small pool can successfully adapt it & you don't have a personal risk. It could work with btcpool24

I'm saying this instead of exploiting your feeless PPS, because I don't think you deserve to lose thousands of dollars.
But someone else might not be so 'understanding'. They wont be sticking around with the pool, they'll drain your reserves and run.

0% pure PPS with automatic payout is like a free lunch for the wolves (& a huge gamble for the operator)


 OK i know its like gambling Wink Also i know its very hard to start a new pool.
 But its my money. And i decided to risk my 200BTC to start this pool.
btcboston
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July 29, 2011, 02:14:11 AM
 #24

On the account stats page, my "Roundshares" is empty, and the number of shares says 0 for all three workers under the worker stats area.

The account balance is correct though, so I know I am getting actual credit for the shares even though they are not displayed.

Would be nice to have number of shares submitted displayed correctly so I don't have to manually check my workers and do all the calculations to ensure I am properly credited.

username on the pool: barcafan

Otherwise, awesome pool.  0% fee PPS can't be beat.

edit: The individual workers share count seems fixed.  Also, I am getting far lower stale % with this pool than any other that I have used so far, 0.22%!  Really well done, I am very impressed with this pool so far.

btcpool24
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July 29, 2011, 08:31:34 AM
 #25

On the account stats page, my "Roundshares" is empty, and the number of shares says 0 for all three workers under the worker stats area.

The account balance is correct though, so I know I am getting actual credit for the shares even though they are not displayed.

Would be nice to have number of shares submitted displayed correctly so I don't have to manually check my workers and do all the calculations to ensure I am properly credited.

username on the pool: barcafan

Otherwise, awesome pool.  0% fee PPS can't be beat.

edit: The individual workers share count seems fixed.  Also, I am getting far lower stale % with this pool than any other that I have used so far, 0.22%!  Really well done, I am very impressed with this pool so far.

Hi, thank you.
Roundshares should be working now. Also for the workers.
btcpool24
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July 29, 2011, 07:22:18 PM
 #26

Running stable at about 14GHs for 20h now.
farfiman
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July 29, 2011, 09:53:36 PM
 #27

Running stable at about 14GHs for 20h now.


nice

although i was about worried about your pool ( or your money) ...  I have joined to help find the 1st block Smiley



"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
btcpool24
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July 30, 2011, 07:31:56 AM
 #28

Running stable at about 14GHs for 20h now.


nice

although i was about worried about your pool ( or your money) ...  I have joined to help find the 1st block Smiley




Thank you  Grin
btcboston
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July 30, 2011, 11:03:37 PM
 #29

(Please note: a 0.01 btc transaction fee is required by the bitcoin client for processing)

I checked the transaction from my last payout and there was no transaction fee included.  Is this just a fee that's being held by the pool?  If so, that's fine, but the description should be a bit more clear. 

btcpool24
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August 01, 2011, 09:12:39 AM
 #30

push
btcboston
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August 01, 2011, 10:48:52 AM
 #31

Payouts are not working.  I just tried and 0.01 btc was deducted from my account balance but I received no payout.  My balance was 0.95768185.

Sukrim
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August 01, 2011, 03:57:31 PM
 #32

(Please note: a 0.01 btc transaction fee is required by the bitcoin client for processing)

I checked the transaction from my last payout and there was no transaction fee included.  Is this just a fee that's being held by the pool?  If so, that's fine, but the description should be a bit more clear. 
/agree

Either really include a 0.01 fee on each payout (would be great --> fast payouts + you help other miners) or do some research about sendmany + pay out once per day automatically.

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
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btcpool24
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August 01, 2011, 05:46:27 PM
 #33

Payouts are not working.  I just tried and 0.01 btc was deducted from my account balance but I received no payout.  My balance was 0.95768185.

Sorry payout should be fixed now.
btcpool24
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August 02, 2011, 10:51:04 AM
 #34



Now more stable. Increased the performance of the DB & Stats.
btcpool24
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August 03, 2011, 08:51:57 AM
 #35

We need more power !

Please help us to find our first block.
btcboston
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August 03, 2011, 09:31:58 AM
 #36

You never answered my earlier question about the payout fee.  I've left this pool for this reason - even though the fee is small, it seems like you are being dishonest when you say that the fee is required by the bitcoin client, when, in fact, it isn't (and you haven't included the fee with the transaction). 

btcpool24
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August 03, 2011, 11:44:46 AM
 #37

You never answered my earlier question about the payout fee.  I've left this pool for this reason - even though the fee is small, it seems like you are being dishonest when you say that the fee is required by the bitcoin client, when, in fact, it isn't (and you haven't included the fee with the transaction). 

Sorry for this. At the moment there is a 0.005 BTC in the transactions block. The rest is for the pool . But i will change this to 0% the next days.
btcpool24
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August 03, 2011, 11:47:40 AM
 #38

1st Block was solved !! Finally !

Thank´s to all the miners.


But the payment will take asome time. Because there is a bug in the PROP calculation raoutines. Don´t worry all yout shares was counted correctly.
I will post if your balance is updated.



btcpool24
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August 03, 2011, 01:35:28 PM
 #39

Cashout  is deactivated

i wrote a new calculation routine for the PROP payout. So first i have to test it.
After i checked for the right balance in your accounts i will activate the cashout.

I think this will be don this evening.

Sorry for this, but this was the first block.
btcpool24
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August 03, 2011, 04:07:37 PM
 #40

The pool is working now again. All balances are set. Cashout is working again.
i hope next time it is working more better,
i had to handle over 5M Shares in the DB manually to do a calculation.

Sorry!

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