[ANN][MULTI][VARDIFF] TradeMyBit MULTIALGO Profit Swap w/ Optional Auto-exchange

[unhooked]

Very happy with this pool.

You do need to add some more coins like GDC, DOGE, Catcoin etc.

I didn't think you could withdraw directly to your Cryptsy address, please correct me if  I am wrong.

[fcjuventus]

I do not recommend, the reward is 60% less than expected

[unhooked]

60% less reward meaning?

[merc82]

Very happy with this pool.

You do need to add some more coins like GDC, DOGE, Catcoin etc.

I didn't think you could withdraw directly to your Cryptsy address, please correct me if  I am wrong.

You can't use a cryptsy address directly for mining (say with p2pool,etc), but you can auto-withdraw to cryptsy without a problem. We provide transactionid's for all of our payouts, so if anything ever comes up you can easily track it down on the blockchain (if the coin has a blockexplorer at least).

I do not recommend, the reward is 60% less than expected

I apologize if you got less than expected, can you elaborate though? We've actually been running at a pretty good efficiency on the multi-port these last few days, but I'm always wanting to know how we fell short or how we can improve

[colonelmustard]

Hi Merc,

just signed up to your pool and happily mining away thus far.

Willing to shift more of my farm over to your setup but waiting to see if you are planning to make a few amendments.

1. Add more coins - i.e. DOGE is currently the most profitable, so it makes sense to also be mining this.
2. Add in 2 factor authentication. This will reduce the amount of time you have to deal with "password stolen" issues and increases the confidence people will have in the pool = more $$ in the end for everyone.
3. I seem to be having trouble with the irc server. My ISP blocks 6667 by default, would it be possible for you to enable 6697 +/- SSL support?

Cheers and thanks!

[merc82]

Hi Merc,

just signed up to your pool and happily mining away thus far.

Willing to shift more of my farm over to your setup but waiting to see if you are planning to make a few amendments.

1. Add more coins - i.e. DOGE is currently the most profitable, so it makes sense to also be mining this.
2. Add in 2 factor authentication. This will reduce the amount of time you have to deal with "password stolen" issues and increases the confidence people will have in the pool = more $$ in the end for everyone.
3. I seem to be having trouble with the irc server. My ISP blocks 6667 by default, would it be possible for you to enable 6697 +/- SSL support?

Cheers and thanks!

1)We add coins based on the pool hashrate/difficulty. We aim to mine profitable coins that payout frequently for the pool, doge's calcs go up and down a bit as the difficulty has been moving, but we definitely plan on adding it.

We're constantly adding new coins as we see the profit calcs shifting throughout the crypto-world, and aim to make sure we are always mining something profitable

2) 2FA is on my todo list, it should be coming within the next few days.. most likely using Authy or Google Authenticator.

3) +7777 for ssl

[neurocis]

Great pool, looking forward to seeing the 2 factor authentication.

To me it seemed the multiport flapps quite a bit between coins, so if there is a change to the multiport I would like to see it commit to the changed coin for a period of not less than 20 minutes (1-2 hours ideally). Thoughts?

On the dashboard your profitability calc looks relative to LTC, however you have a last price for BTC, should be one or the other as opposed to mixed? Also not sure if you are trying to avoid projections but a column for LTC(or BTC) per hour per KHs would also be beneficial to the overview of profitability.

Just my 2 Satoshi's worth, hope my opinion makes sense otherwise throw it in the bit-bucket 

[Humanxlemming]

I like this pool only problem is the remember me login feature forgets me after an hour and have to relog.

Hope to see you all mining

[phrozenspite]

Great pool, looking forward to seeing the 2 factor authentication.

To me it seemed the multiport flapps quite a bit between coins, so if there is a change to the multiport I would like to see it commit to the changed coin for a period of not less than 20 minutes (1-2 hours ideally). Thoughts?

On the dashboard your profitability calc looks relative to LTC, however you have a last price for BTC, should be one or the other as opposed to mixed? Also not sure if you are trying to avoid projections but a column for LTC(or BTC) per hour per KHs would also be beneficial to the overview of profitability.

Just my 2 Satoshi's worth, hope my opinion makes sense otherwise throw it in the bit-bucket 

i disagree with the minimum time to stay on a coin.  It's always best to mine the most profitable coin because past results have no effect on future probability.  http://en.wikipedia.org/wiki/Gambler%27s_fallacy

[neurocis]

i disagree with the minimum time to stay on a coin.  It's always best to mine the most profitable coin because past results have no effect on future probability.  http://en.wikipedia.org/wiki/Gambler%27s_fallacy

So why bother mining the most profitable coin based on past performance under any circumstance if past results have no effect on future probability? Probability does not remain constant in this case, it swings with human "belief", unlike a dice... Anyhow, I personally am not a fan of the rapid coin flipping.

[phrozenspite]

i disagree with the minimum time to stay on a coin.  It's always best to mine the most profitable coin because past results have no effect on future probability.  http://en.wikipedia.org/wiki/Gambler%27s_fallacy

So why bother mining the most profitable coin based on past performance under any circumstance if past results have no effect on future probability? Probability does not remain constant in this case, it swings with human "belief", unlike a dice... Anyhow, I personally am not a fan of the rapid coin flipping.

We aren't mining based on past performance that is why it switches.  Profitability is determined I'd say based on current market conditions and difficulty of the coin.  It adjusts when those change.

[merc82]

We swap different coins at different speeds, with the majority being set to 10minutes. Coins like GLX and SPT that retarget at very quick rates, we check the calculations a bit more rapidly while mining to ensure we don't waste time chasing a high difficulty for low reward.

We try to ensure (to the best of our ability) that we are only mining coins that we -should- find blocks in the time we spend mining them each time.. of course luck plays into that a lot, but typically we should find at least 3 blocks within the time we spend mining a coin

[neurocis]

Thanks phroz / merc for the clarification, I mainly took issue with the general relationship to the Gambler's Fallacy as when counting cards you can get a better indicator of probability so long as the cards get burnt and not reshuffled.

In this case past (to me the present immediately becomes the past) performance is playing a factor towards calculating potential profitability based upon a delay for the market to react (delay allowing time to sell).

Still am enjoying the pool, as with others I see. Grand work merc82 (& team if applicable) !!! I look forward to seeing how your pool evolves.

Cheers!

[vrm86]

Great pool!
What other coins I would like to see in multiport:

GDC
CSC
SBC
WDC
 

[yorich]

I do not recommend, the reward is 60% less than expected

Could anyone elaborate on this?   I started with Hashco.ws, then moved to multipool.us, which seems to be better than hashco.ws.   I'm not some big miner with thousands of machines, I'm only at 2.1Mh/s now, though building a second rig with 6 r9 290's for around 7.9Mh/s total, but I'm not a big baller like some people are.   I don't have the time to constantly change coins, so multi pools work well for me, but If this site does a better job than multipool, I'd certainly switch...but this "60% less" thing is a little worrysome. 


Can I get a no bullshit response on what this guy might be talking about? 

[compile]

Why not just try it yourself? 

[yorich]

Why not just try it yourself? 

alright I'll give it 24 hours to see how profitability stacks up to multipool.  2.1Mh/s sent your way guys.

[merc82]

Last night was a rough night for us, we had some stratum issues after upgrading our database server. I deeply apologize if this affected anyone's profitability.

We've made some adjustments and now have stratum and web responding much faster. We will be adding additional stratum servers and web servers throughout the day to ensure we don't bump into this again

Thanks!

[12gaFacelift]

I like this pool only problem is the remember me login feature forgets me after an hour and have to relog.

Hope to see you all mining

Im with you on this one.

[merc82]

Added NET and LOT to the profit-check port yesterday, will continue to add coins as they move up in the profit calculation list