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Author Topic: [WTB] Scrypt hashing power, paying 120% of LTC profitability  (Read 10066 times)
Terk (OP)
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January 22, 2014, 11:37:24 PM
 #101

Just wanted to let you know that per-user stats are ready. They will be improved in the future but for now I think it's enough. The address is new-website/users/your-username. You also have a link on beta-stats page.

I'm finishing testing automated payouts and they will start running on Thursday. We're very close to public launch now!

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Symon
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January 23, 2014, 08:19:13 AM
 #102

Nice job !
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January 23, 2014, 10:35:10 AM
 #103

Total Expected   0.13098332 BTC

OMG! Is this from the 21st, and the bonus payouts since joining? (11 days of mining since Jan. 7th). If so, this pool absolutely is even more awesome and if you keep it up I will stick with you for evar! Wink

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January 23, 2014, 12:30:59 PM
 #104

Total Expected   0.13098332 BTC

OMG! Is this from the 21st, and the bonus payouts since joining? (11 days of mining since Jan. 7th). If so, this pool absolutely is even more awesome and if you keep it up I will stick with you for evar! Wink

whats your hash power?
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January 23, 2014, 06:12:36 PM
 #105

LOL i have a -0.0005 ready to payout balance???

Total Expected   0.13098332 BTC

OMG! Is this from the 21st, and the bonus payouts since joining? (11 days of mining since Jan. 7th). If so, this pool absolutely is even more awesome and if you keep it up I will stick with you for evar! Wink

whats your hash power?

He has 2.8 MH/s
Terk (OP)
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January 23, 2014, 07:04:54 PM
 #106

He has 2.8 MH/s

I think more like 2.3 MH/s based on 24-hour average. 2.8 MH/s was an 1-hour value and you need to remember that hashrate measured by any pool is only an estimate which is vulnerable to temporary luck/unluck in solving shares.

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January 23, 2014, 07:08:59 PM
 #107

He has 2.8 MH/s

I think more like 2.3 MH/s based on 24-hour average. 2.8 MH/s was an 1-hour value and you need to remember that hashrate measured by any pool is only an estimate which is vulnerable to temporary luck/unluck in solving shares.

Of course, it can't be exact.
Terk, can you tell us why "ready for payout" balances are negative?
Terk (OP)
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January 23, 2014, 07:10:59 PM
 #108

LOL i have a -0.0005 ready to payout balance???

This is a temporary thing because of automated payouts not working yet and the data about BTC withdrawn from exchanges is out of sync (because I don't withdraw them to the pool automated wallet yet, but to my own wallet on my computer). Until 20th Jan I was paying from my own money without waiting for coins to be exchanged, so the negative balance in “ready to pay” means “there were paid more than were withdrawn from exchanges”, which was correct on 20th Jan. The pool currently doesn't know how many BTC were withdrawn from exchanges after 20th.

So the negative balance is because I paid you more than was withdrawn from exchanges as of Jan 20th and the data of withdrawn coins wasn't synced after that. In reality, most of the unexchanged balance is already exchanged so it should be in ready for payout category.

The total balance is correct though. The difference is only some coins should be in different categories.

I'm just starting automated payouts so balances in particular categories will get sync soon.

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January 24, 2014, 01:33:27 AM
 #109

A quick update: automated payouts are already running and all current balance has been paid out. There will be ongoing payouts couple of times per day from now on for all “ready to pay” balances of minimum 0.01 BTC.

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January 24, 2014, 07:45:39 AM
 #110

A quick update: automated payouts are already running and all current balance has been paid out. There will be ongoing payouts couple of times per day from now on for all “ready to pay” balances of minimum 0.01 BTC.

Uhhhh... So now minimum payout is 0.01BTC?
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January 24, 2014, 08:45:14 AM
 #111

Very nice!
Been switching a lot lately, but thi is much better !
Terk (OP)
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January 24, 2014, 11:06:02 AM
 #112

Uhhhh... So now minimum payout is 0.01BTC?

It's 0.01 BTC for ongoing payouts that happen during the day (multiple times per day). There is no sense to lower this threshold and send 0.002 BTC every couple of hours to the same user.

I will add one daily payout for users with minimum 0.001 BTC balance, so there will be 0.01 BTC minimum for ongoing payouts during the day and 0.001 BTC minimum for once-a-day payout.

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January 24, 2014, 04:40:33 PM
 #113

Uhhhh... So now minimum payout is 0.01BTC?

It's 0.01 BTC for ongoing payouts that happen during the day (multiple times per day). There is no sense to lower this threshold and send 0.002 BTC every couple of hours to the same user.

I will add one daily payout for users with minimum 0.001 BTC balance, so there will be 0.01 BTC minimum for ongoing payouts during the day and 0.001 BTC minimum for once-a-day payout.

That's OK. It's because some users like me, have a crappy hashrate, and dont earn that much.
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January 24, 2014, 09:34:08 PM
 #114

If you're willing to pay that 120% in BTC to me,I'll do it.My PC gives 400-460 KHash/s for scrypt mining. Smiley

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January 24, 2014, 10:18:23 PM
 #115

If you're willing to pay that 120% in BTC to me,I'll do it.My PC gives 400-460 KHash/s for scrypt mining. Smiley

Wait for official launch, pool is closed for now. And it's no longer 120%.
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January 25, 2014, 02:11:49 PM
 #116

How can I join? Expecting to receive a 4400 KH/s miner this week.
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January 25, 2014, 02:47:48 PM
 #117

Total Expected   0.13098332 BTC

OMG! Is this from the 21st, and the bonus payouts since joining? (11 days of mining since Jan. 7th). If so, this pool absolutely is even more awesome and if you keep it up I will stick with you for evar! Wink
Don't want to spoil but...
You have 2.4MH/s as I read above and u made 0.13098332 BTC in 11 days?! That means 0,004924BTC/MH/s, seems very low to me...
Terk (OP)
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January 25, 2014, 08:17:33 PM
 #118

Total Expected   0.13098332 BTC

OMG! Is this from the 21st, and the bonus payouts since joining? (11 days of mining since Jan. 7th). If so, this pool absolutely is even more awesome and if you keep it up I will stick with you for evar! Wink
Don't want to spoil but...
You have 2.4MH/s as I read above and u made 0.13098332 BTC in 11 days?! That means 0,004924BTC/MH/s, seems very low to me...

No, he earned this on Jan 21st, half of 22nd and from a bonus payout for previous 10 days. He already was paid for these 10 days the amount that we agreed at the beginning (120% of LTC profitability) but then I added additional payout for the past days based on actual pool profitability. So the 0.13098332 BTC was for 2 days + additional/unexpected bonus for previous 10 days (above what was paid for these 10 days).

Let me show you a screenshot from the stats website for the last week. The BTC per 1 MH/s column is the most interesting one.



21st was our best day ever with 0.026726 BTC/MHs/day, but whole week is good in general.

Keep in mind: these are results while still leaving some money on the table as we're too small for some more difficult coins. So for example I have entirely manually disabled Dogecoin (and some other coins) which sometimes becomes the the right choice to mine. But you can't mine them with 100 MH/s. I will turn these more difficult coins back when I launch for public and gather bigger hashrate. Right now we just knowingly ignore some profitable coins for the sake of stability.

Terk (OP)
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January 25, 2014, 08:18:08 PM
 #119

How can I join? Expecting to receive a 4400 KH/s miner this week.

I'm launching the pool to public after the weekend and your are more than welcome to join then!

byt411
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January 25, 2014, 09:43:01 PM
 #120

Total Expected   0.13098332 BTC

OMG! Is this from the 21st, and the bonus payouts since joining? (11 days of mining since Jan. 7th). If so, this pool absolutely is even more awesome and if you keep it up I will stick with you for evar! Wink
Don't want to spoil but...
You have 2.4MH/s as I read above and u made 0.13098332 BTC in 11 days?! That means 0,004924BTC/MH/s, seems very low to me...

No, he earned this on Jan 21st, half of 22nd and from a bonus payout for previous 10 days. He already was paid for these 10 days the amount that we agreed at the beginning (120% of LTC profitability) but then I added additional payout for the past days based on actual pool profitability. So the 0.13098332 BTC was for 2 days + additional/unexpected bonus for previous 10 days (above what was paid for these 10 days).

Let me show you a screenshot from the stats website for the last week. The BTC per 1 MH/s column is the most interesting one.



21st was our best day ever with 0.026726 BTC/MHs/day, but whole week is good in general.

Keep in mind: these are results while still leaving some money on the table as we're too small for some more difficult coins. So for example I have entirely manually disabled Dogecoin (and some other coins) which sometimes becomes the the right choice to mine. But you can't mine them with 100 MH/s. I will turn these more difficult coins back when I launch for public and gather bigger hashrate. Right now we just knowingly ignore some profitable coins for the sake of stability.

So does this mean that once we get a better hashrate when pool is launched, profit will probably go up?
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