[TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico

[dollux]

Important announcement: Due to the very low hash on the pools lately, the payouts will be processed every 2 or 3 days to lower the exchange fees.
Also, we are considering shutting down the pools completely due to the very low hash/profitability, we have been running at loss for weeks now

The above quote is taken from the TekCoin Multipool http://thepool.pw/TEK/ that was recently set up with donations from members, just letting people know who might be interested.

you have to be kidding me, how in the word is he losing anything.. you already run a multipool and all you did was take some tek addy and throw up a logo for .75 btc and what under 2 months later cya... ripoff thief thanks

If tekcoin is losing your pool money then all coins are and your at fault for making a poor pool, i hope you get flamed to all hell and back for this shit.

Yes sorry about this news I didn't think it would go down very well with people. They have a total of 12 different coins that can be mined, so that is presumably .75 btc X 12 = 9 BTC plus returns from each pool at 2%, with each pool displaying just over 2TH = 24 TH+ and according to my dates TEK pool is only one month old today.

Always enough for need but never enough for greed.

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[thundertoe]

[/quote]

Yes sorry about this news I didn't think it would go down very well with people. They have a total of 12 different coins that can be mined, so that is presumably .75 btc X 12 = 9 BTC plus returns from each pool at 2%, with each pool displaying just over 2TH = 24 TH+ and according to my dates TEK pool is only one month old today.

Always enough for need but never enough for greed.


[/quote]


I posted my reply before i had coffee which is usually a bad idea, i re-read it a few times thinking maybe i was jumping the gun or being to harsh but you know what i think i nailed it on the gut reaction.

[vegasguy]

@Thundertoe, youve got it right. Fk em. Their loss. I think the reason many wanted a multipool was out of frustration with the regular pools not working. Im not fudding here, but there was a time right before the multipool were none of the regular pools worked.  People , like myself wanted to mine tek and couldnt. However, tek has been running better than ever now. I think it would be in your best interest to have an official "tekcoin pool". I have been mining at altcoinpool.us for weeks, and its FLAWLESS. So maybe if you dont want to start an official pool from scratch, perhaps have a chat with altcoinpool.us and see whats involved in making them the official tekcoin pool with official logos. Altcoinpool.us has the fastest payouts, about every few minutes, and NEVER have orphans. If they dont want to be the official pool , would they be interested in creating the official pool for either a flat price or maybe .05% of total mined? Besides , anyone thats been around long enough knows you cant kill tekcoin

Vegas

[dollux]

Your right about tekcoin.altcoinpool.us/ it is a nice pool I like the stats layout and look of it on the inside, as well as confirmation speed of coins.

I am sure the point of using a multipool is about trading as well as mining.

Coins mined on multipool are different coins that are then traded for TEK which brings liquidity to TEK in the market place.

This trading of coins also brings benefit to the whole of crypto through the same liquidity of coins moving in the market place.

I also think multipools keep swooping up all the low hanging fruit making the value go up and down in swings from day to day creating opportunity for gains to be made by those who trade coins on the exchanges.

Not just static numbers doing nothing but almost living and moving virtual entities in an off world cyber space.

All moving parts of the game playing experience, interaction and participatory developmental activity, not just digital information doing nothing in a void. 

I also think mining the multi pool at the moment produces more coins than I can mine on a dedicated TEK pool because the price is still quite low but that is changing as it always has so the dedicated pool might be a better option at the end of the week if I wanted to just feed my greed.

[Biomech]

@Thundertoe, youve got it right. Fk em. Their loss. I think the reason many wanted a multipool was out of frustration with the regular pools not working. Im not fudding here, but there was a time right before the multipool were none of the regular pools worked.  People , like myself wanted to mine tek and couldnt. However, tek has been running better than ever now. I think it would be in your best interest to have an official "tekcoin pool". I have been mining at altcoinpool.us for weeks, and its FLAWLESS. So maybe if you dont want to start an official pool from scratch, perhaps have a chat with altcoinpool.us and see whats involved in making them the official tekcoin pool with official logos. Altcoinpool.us has the fastest payouts, about every few minutes, and NEVER have orphans. If they dont want to be the official pool , would they be interested in creating the official pool for either a flat price or maybe .05% of total mined? Besides , anyone thats been around long enough knows you cant kill tekcoin

Vegas

If someone can come up with hosting, I can set up a TEK pool under MPOS with little trouble. I've done it several times for testing, I know which variant of stratum works (TEK is very picky) and the rest of it is pretty routine. If anyone is interested, I can do this. It's probably only a couple hours of setup time, not including syncing the daemon.

[vegasguy]

If we are really considering this, I would like to see a standard pool like altcoin.us. The nomp/MPOS style pools hide many of the critical stats and many of them payout after many hours of mining and then pay every few hours after that. I dont know what they call it, but the style that altcoin.us uses pays out about every 2-3 minutes, and is VERY transparent, and ALL stats are displayed.

Vegas

[dollux]

Hey Biomech, am I right in assuming that shared HostGator type hosting would not be any good for hosting a mining pool?

Am I right in thinking that it would need to at least be VPS and even then that would be at push?

Or am I completely wrong?

Thanks in advance.

[Biomech]

Hey Biomech, am I right in assuming that shared HostGator type hosting would not be any good for hosting a mining pool?

Am I right in thinking that it would need to at least be VPS and even then that would be at push?

Or am I completely wrong?

Thanks in advance.

A VPS is fine for a single pool. They're a bit processor intensive, and of course bandwidth has to be decent. Not huge, but decent. But it's really only running stratum and the coin daemon, the php stuff is pretty ligthweight. I've run a test pool on an Amazon EC2 microinstance, which ain't much, and it worked ok.

[Biomech]

If we are really considering this, I would like to see a standard pool like altcoin.us. The nomp/MPOS style pools hide many of the critical stats and many of them payout after many hours of mining and then pay every few hours after that. I dont know what they call it, but the style that altcoin.us uses pays out about every 2-3 minutes, and is VERY transparent, and ALL stats are displayed.

Vegas

NOMP and MPOS are different systems. NOMP is a pretty good stratum engine, but it's front end straight blows. altcoinpool.us is unmodified MPOS. I prefer the older skin, but aside from that, it's the exact pool I would build. I think you got the two confused because a lot of MPOS pools run NOMP as the stratum. It unfortunately doesn't work well with TEK, or I would too. It's ridiculously easy to add coins to it, and stratum-mining is a picky bitch to set up. Plus it only takes one instance of NOMP to run multiple coins. If the front end wasn't so lousy, I think it would dominate. but until somebody rectifies it's shortcomings, MPOS will continue to be the default pool package. It's relatively easy to set up (once you've done it a few times ) and stable.

I can't prove it without asking, but I'm guessing that altcoinpool.us is running ahmed bodi's or crypto-expert stratum, as both work with TEK.

[m33]

Well I like the idea that I was getting Tek every day wish It had last longer , than that .I'm missing a few more days to get minted coins everyday . If tek can last for another year . Than I will recover the cost of buying my first coins @19000

[macdadon341]

Picked up another 1800 Tek. Wooohooo

[bney]

To anyone who was using altcoinpool.us for tek mining. My apologies.
I was out of town the last four days and of course the system picked that
time to run out of hard drive space and crash.

That wont happen again.

Im bringing the block chain back up now. Should be usable again within an hour or so

Bob.

[bney]

If we are really considering this, I would like to see a standard pool like altcoin.us. The nomp/MPOS style pools hide many of the critical stats and many of them payout after many hours of mining and then pay every few hours after that. I dont know what they call it, but the style that altcoin.us uses pays out about every 2-3 minutes, and is VERY transparent, and ALL stats are displayed.

Vegas

NOMP and MPOS are different systems. NOMP is a pretty good stratum engine, but it's front end straight blows. altcoinpool.us is unmodified MPOS. I prefer the older skin, but aside from that, it's the exact pool I would build. I think you got the two confused because a lot of MPOS pools run NOMP as the stratum. It unfortunately doesn't work well with TEK, or I would too. It's ridiculously easy to add coins to it, and stratum-mining is a picky bitch to set up. Plus it only takes one instance of NOMP to run multiple coins. If the front end wasn't so lousy, I think it would dominate. but until somebody rectifies it's shortcomings, MPOS will continue to be the default pool package. It's relatively easy to set up (once you've done it a few times ) and stable.

I can't prove it without asking, but I'm guessing that altcoinpool.us is running ahmed bodi's or crypto-expert stratum, as both work with TEK.

Im running Ahmed Bodi's stratum.

Bob.

[Biomech]

If we are really considering this, I would like to see a standard pool like altcoin.us. The nomp/MPOS style pools hide many of the critical stats and many of them payout after many hours of mining and then pay every few hours after that. I dont know what they call it, but the style that altcoin.us uses pays out about every 2-3 minutes, and is VERY transparent, and ALL stats are displayed.

Vegas

NOMP and MPOS are different systems. NOMP is a pretty good stratum engine, but it's front end straight blows. altcoinpool.us is unmodified MPOS. I prefer the older skin, but aside from that, it's the exact pool I would build. I think you got the two confused because a lot of MPOS pools run NOMP as the stratum. It unfortunately doesn't work well with TEK, or I would too. It's ridiculously easy to add coins to it, and stratum-mining is a picky bitch to set up. Plus it only takes one instance of NOMP to run multiple coins. If the front end wasn't so lousy, I think it would dominate. but until somebody rectifies it's shortcomings, MPOS will continue to be the default pool package. It's relatively easy to set up (once you've done it a few times ) and stable.

I can't prove it without asking, but I'm guessing that altcoinpool.us is running ahmed bodi's or crypto-expert stratum, as both work with TEK.

Im running Ahmed Bodi's stratum.

Bob.

Thought so. Crypto-expert works too, if you care. I think the one you're using is about the best for TEK, from my own experiments.

[bney]

Just FYI. I will be migrating altcoinpool.us to a new server in the next week or so.
The activity has become too much for the poor little vmware slice its running on.

Once thats done the web front end will be much snappier and it will be able to handle a lot more hashing
without bogging down.


Happy mining.


Bob.

[thundertoe]

Check this out! and retweet ,share etc 

http://bitcoinlasvegas.net/revisiting-old-coins-can-they-be-more-profitable-now-even-after-they-have-lost-most-of-their-value/

[aSmallChild666]

Sure hope TEK stops dropping in value more than 40% per month soon. 

[CrazyLoaf]

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[gribgo]

 
the best time for high POS is NOW!
you cant rely on any of the cloud mining providers as they close operations one by one
But if you have market gateways TEK\BTC - you have good-cheap-virtual-mining-power!
just look at the HYP.. it found its floor and is stable - just a model of whats gonna happen here, but happened allready at HYP market becouse of the higher supply

peace

[vrm86]

Have a problem:

I have recent wallet version and tried to sync whole blockchain from beginning. But my wallet has stucked at block 683657 and even adding more peers to .conf can't change it. Is there any recent list of nodes?
What elese can i do?