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cablepair
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July 30, 2011, 09:51:59 PM
 #1

.
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btcboston
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July 30, 2011, 10:14:52 PM
 #2

What payout system are you using?

iopq
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July 30, 2011, 10:25:26 PM
 #3

seems like a good deal! I'll try this out with my measly 140mhash/s

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July 30, 2011, 10:36:15 PM
 #4

We charge 0% FEES and we pay on a proportional payout system, after a block is solved you are paid for your proportion of the hashing and the pool will give you an estimate at the top of your screen of how much you should expect for the round you are mining in.

As far as the promotion

After I see you have been mining on our pool for 24 hours I will email you for a BTC Address and send you your .05 or .1 reward, so if you start now you could have .05 or .1 as early as this time tomarrow plus of course you will receive your regular reward once the first block is solved.

Not to mention our 5770 promotion

one lucky miner who helps us solve the first block will get this brand new XFX Radeon HD 5770 sitting on my shelf!

So c'mon and join the union!

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July 31, 2011, 12:50:55 AM
 #5

Nice perks.
Would definitely throw all my hashing power here temporarily if it wasn't for the proportional payment method.

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cablepair
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July 31, 2011, 01:24:20 AM
 #6

what payment method would you prefer?
Jack of Diamonds
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July 31, 2011, 01:41:22 AM
 #7

PPLNS is probably the best, also encourages 24/7 mining (some would prob. still continue mining after 1st round rewards),
zero financial risk to you, no pool hoppers or other cheaters, no risks typical to small startup proportional pools

(such as zero payout for days, weeks or longer due to long 95+ percentile round)

http://eligius.st/wiki/index.php/Pay_Per_Last_N_Shares

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July 31, 2011, 01:42:57 AM
 #8

FWIW, I tried it out and couldn't get connected at all...

iopq
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July 31, 2011, 02:13:54 AM
 #9

PPLNS is probably the best, also encourages 24/7 mining (some would prob. still continue mining after 1st round rewards),
zero financial risk to you, no pool hoppers or other cheaters, no risks typical to small startup proportional pools

(such as zero payout for days, weeks or longer due to long 95+ percentile round)

http://eligius.st/wiki/index.php/Pay_Per_Last_N_Shares
it doesn't encourage 24/7 mining, each share has the exact same chance of being in the window

antares
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July 31, 2011, 02:16:26 AM
 #10

nice thing, I'll try your pool
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July 31, 2011, 04:31:31 AM
 #11

Why do you require an email address etc. from your users?

All a pool really needs from it's users is a payment address!

If you then want to add nice features like idle miner warnings etc. just let them decide for which payment addresses they want these warnings (can be done in an account for convenience).

Anyways, no way I'm giving you my mail address on a signup page that misspells "Emaill[sic!]" and proportional is also just interesting for hoppers, not for miners.

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Starlightbreaker
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July 31, 2011, 08:31:21 AM
 #12

is this some kind of a minipool?


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Jack of Diamonds
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July 31, 2011, 09:48:40 AM
 #13

each share has the exact same chance of being in the window

Which is exactly why it encourages 24/7 mining.

Your earnings are consistent and predictable, on a proportional pool you are discouraged to mine 24/7 because pool hoppers are eating away at 5-10% or more of your earnings.
You are statistically encouraged to switch away at certain times and hop in early during the start of rounds.

This incentive to 'cheat' (or rather maximize your earnings) doesn't exist in PPLNS or PPS schemes

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iopq
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July 31, 2011, 10:23:12 AM
 #14

each share has the exact same chance of being in the window

Which is exactly why it encourages 24/7 mining.

Your earnings are consistent and predictable, on a proportional pool you are discouraged to mine 24/7 because pool hoppers are eating away at 5-10% or more of your earnings.
You are statistically encouraged to switch away at certain times and hop in early during the start of rounds.

This incentive to 'cheat' (or rather maximize your earnings) doesn't exist in PPLNS or PPS schemes
but pool hoppers mine 24/7 as well  Wink

cablepair
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July 31, 2011, 11:22:01 AM
 #15

FWIW, I tried it out and couldn't get connected at all...

did you point your miner to:

67.249.146.78 port 8341 ?
cablepair
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July 31, 2011, 11:26:11 AM
 #16

Why do you require an email address etc. from your users?

All a pool really needs from it's users is a payment address!

If you then want to add nice features like idle miner warnings etc. just let them decide for which payment addresses they want these warnings (can be done in an account for convenience).

Anyways, no way I'm giving you my mail address on a signup page that misspells "Emaill[sic!]" and proportional is also just interesting for hoppers, not for miners.

deepbit requires and email address and they have 5000 g/hash sec speed....

but I appreciate your input as a matter of fact you can put in a phony email address and it wouldent bother us at all - we do not spam you or anything but if you want to get paid the .1 or .05 bonus right now I will need your email for security purposes.

Thank you for pointing out the typo, thats halarious we are using the Mining Farm open front end - I will have to let Xenland know about it.

thank you to everyone who has been mining ! when you reach your 24 hour point I will email you for a BTC address and your rewards will be on the way today!
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July 31, 2011, 03:24:44 PM
 #17

Is the special offer still open?

"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."
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July 31, 2011, 05:23:23 PM
 #18

Ive moved all 4 videocards over. Hope my 1550mhash helps the cause Smiley

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cablepair
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July 31, 2011, 05:24:56 PM
 #19

YES!

All promotions are running AT LEAST until we find our first block and probably longer.

First Daily Hashing Reward Payments are going out in a little while!

Thank you to all who are mining with us.

Looking for a new pool? Become a UNION MAN!
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July 31, 2011, 05:32:37 PM
 #20

FWIW, I tried it out and couldn't get connected at all...

I could not connect either..

website needs some instructions...  I could not find the connect information on the website. I had to come back to the forum.

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