[1423GH] ABCPool PPS - Proxy Pool For High & Steady Mining Rewards

[420]

do you know what PPS rate would be after the fee increase?

That's unknown at the moment because of the difficulty change coming up soon. You can calculate it if you know the difficulty: PPS = 50/difficulty*0.972

.000023479450555202589788111646127875

but that's coming up more PPS than you currently are...

[MintCondition]

do you know what PPS rate would be after the fee increase?

That's unknown at the moment because of the difficulty change coming up soon. You can calculate it if you know the difficulty: PPS = 50/difficulty*0.972

.000023479450555202589788111646127875

but that's coming up more PPS than you currently are...

Please see our FAQ for an example calculation using the current difficulty.

[wknight]

Does this mean you guys will be going back to OZCOIN once fee's are in place?

[LazyOtto]

Why wouldn't they stay at EclipseMC, or perhaps go to MaxBTC, and just pocket the increased fee?

[wknight]

Why wouldn't they stay at EclipseMC, or perhaps go to MaxBTC, and just pocket the increased fee?

Thats a very good point.. I can see MaxBTC.. EclipseMC seems to be going through some growing pains right now. When running a proxy you cant have outages. Your still paying others even though your pool is down.

[MintCondition]

Does this mean you guys will be going back to OZCOIN once fee's are in place?

We are not really 'gone' from ozco.in. We're still mining there, albeit a little less, but I get what you mean. Our backend chooses where to get work based on a myriad of factors. Our own fee is not one of those factors, so the upcoming fee change will (barring other changes) not have any effect on work selection.

[420]

Please see our FAQ for an example calculation using the current difficulty.

someone please do it for me

.01BTC if a newbie does it

[unicron]

someone please do it for me

.01BTC if a newbie does it

Estimated next difficulty, from bitcoinwatch.com = 2,432,977

From the FAQ:

payout_per_share = block_reward / difficulty = BTC 50 / 2190865.9701029 * (1 - 0.015) = 0.0000224796955506

Estimated next payout per share = 50 / (2432977 * (1 - 0.015)) = 0.0000208639133538035724607017707864649426407520644597 (according to wolframalpha.com)

If I am newbie enough, I'll PM you an addr

[kano]

someone please do it for me

.01BTC if a newbie does it

Estimated next difficulty, from bitcoinwatch.com = 2,432,977
...

Like everyone else that I ever have a disagreement with on the subject ...
That estimate by bitcoinwatch is simply the average block increase/decrease since the last difficulty multiplied by the the current difficulty.

When I last checked it 5 hours ago it was +11.27% ... then times 2190865.9701029 = 2,437,777
Of course that changes all the time - but anyway, there are no special estimations done by anyone who calculates those ... they are simply multiplying a rather (extremely) unreliable figure times the current difficulty.

i.e. take an average over a list of blocks and assume that will be the average at the end of the the difficulty
i.e. assume that the hash rate doesn't change and that you cannot see a pattern to the hash rate change

Anyway ... yes I'm not trying to get anyone to give me BTC - so don't even think of it

---

Meanwhile, I added to cgminer's API (not available in any version yet though) to show information about the pools ... specifically roll-n-time information.

I currently have 6 pools in my list (5 as backups - one of them solo of course - a a few of them have multiple entries) and to my surprise there where 2 pools who do not advertise roll-n-time (other than my solo bitcoind)

Deepbit (of course) and ABC ...

Anyone where at ABC gonna fix that one day?

https://bitcointalk.org/index.php?topic=28402.msg1111327#msg1111327

[MintCondition]

I currently have 6 pools in my list (5 as backups - one of them solo of course - a a few of them have multiple entries) and to my surprise there where 2 pools who do not advertise roll-n-time (other than my solo bitcoind)

Deepbit (of course) and ABC ...

Anyone where at ABC gonna fix that one day?

I can tell you there's a lot more than 2 pools not using roll-n-time. It's in our short-term plans to start supporting it, for reasons you are very familiar with

[420]

Alright abc are you going to pay the full amount
0.0000199127884854 or the rounded amount listed on site:
0.0000199128

for pay per share?

[DrG]

I tried to be faithful and stay but I'm just getting too many Pool connection errors and invalids is consistently above 1.5%.  I'm still passing through GPUMax but that was never an issue in the past (was as low as 0.1% invalids last month).  I get Pool 0 not supplying enough work messages in CGMiner 2.7.0 constantly (haven't tried 2.7.4 yet).  Are the servers just not able to handle the load or are the changes in the background (ie construction) causing a temporary (for the last 10 days) slowdown?

[MintCondition]

Alright abc are you going to pay the full amount
0.0000199127884854 or the rounded amount listed on site:
0.0000199128

for pay per share?

420,
Unrounded PPS amounts are accumulated as double precision floating point values every minute, then added to your balance with a precision of eleven decimals. The site displays necessarily displays a rounded amount, because some fractions would be infinite.

[wknight]

I tried to be faithful and stay but I'm just getting too many Pool connection errors and invalids is consistently above 1.5%.  I'm still passing through GPUMax but that was never an issue in the past (was as low as 0.1% invalids last month).  I get Pool 0 not supplying enough work messages in CGMiner 2.7.0 constantly (haven't tried 2.7.4 yet).  Are the servers just not able to handle the load or are the changes in the background (ie construction) causing a temporary (for the last 10 days) slowdown?

This is just a guess.. but since ABCPool moved to EMC which has been having these same issues this is why its been passed onto you. At least this is what it looks like on my end

[DrG]

I tried to be faithful and stay but I'm just getting too many Pool connection errors and invalids is consistently above 1.5%.  I'm still passing through GPUMax but that was never an issue in the past (was as low as 0.1% invalids last month).  I get Pool 0 not supplying enough work messages in CGMiner 2.7.0 constantly (haven't tried 2.7.4 yet).  Are the servers just not able to handle the load or are the changes in the background (ie construction) causing a temporary (for the last 10 days) slowdown?

This is just a guess.. but since ABCPool moved to EMC which has been having these same issues this is why its been passed onto you. At least this is what it looks like on my end

I haven't directly mined on Eclipse for a long time (or any pool directly for that matter in quite some time).  I noticed if I went to Ozcoin through GPUMax I was still taking quite a hit.  So as Graet pointed out unless you're getting good amounts of public work on GPUMax it may actually be beneficial to skip it and mine at a pool directly (at least until the load issues are straightened out).

[MintCondition]

Dear miners,

We're having some serious issues with high load, causing our upstream share submissions to fail significantly more than usual. Since we pay you guys for a share no matter if we succeed in getting paid for it ourselves, this is costing us a lot, and the situation is financially unsustainable for us.

We're working like crazy to remedy this. The solution we are working on is quite involved though, and it looks like it's going to be around three weeks before we have a handle on the problem.

In the meantime I regret to inform you that we need to raise the fee to 4.8% temporarily. Current fee is 2.8%, so it will be 2.0% higher. Once the issue is under control we can return to a lower fee.

This measure will cover part of our losses and may also lead to somewhat lower load in the short term. The new fee will go into effect 24 hours from now, 30-8-2012 12:00:00 UTC.

Sorry to have to do this now and on such short notice. I hope you can understand.

MC & Chlorine

[layyen]

hope it will be fixed, 3weeks are not so long, staying  keep us updated

[Shadow383]

And if anyone wants to mine for me I'll pay you a bonus of 4.8% 

Ouch though, is the problem with certain upstream pools (I've noticed that slush and EMC have been sending out more rejects than usual lately) or definitely a problem with your infrastructure?

[runlinux]

Invalid bitcoin address? It's the same its been for months... Unable to do a payout now.

[MintCondition]

Invalid bitcoin address? It's the same its been for months... Unable to do a payout now.

Your address was probably perfectly valid, but we were restarting the payment bitcoind. It's up again. I've also just improved that error message