[ANN][Pool] HashBros Private Alpha [Multi][Profit Switch][Transparent]

[mikeybit]

Been mining for 24+ hours straight with 0.62MHs. Estimated daily earning is about 0.003 BTC, what I actually earned is about 0.0027 BTC.
Average rejection rate is 3-4%, ping to server is 100ms.
I know this is still alpha, but the earnings are about less than 1/3 of Middlecoin for my current hash rate.

Just an update to you guys, not complaining or anything.

I'd love to see how you can get .009 BTC + daily with .62 MHs

Mining doge at it's peak profitability 24/7 would earn you ~ .0065 BTC daily

Our estimated earnings are correct, I simply don't believe you can get those earnings on Middlecoin with your hash rate.
We have some issues with Casinocoin right now that I haven't been able to handle because of work + school, so make sure you're looking at your estimated balance.

I think he means taking a random user and comparing like this: http://www.middlecoin.com/reports/1Hpk9u5cmM2EY8SxwwQFG9mvjL24ynTu9D.html

The problem is it's never apples to apples.  Middlecoin has a huge std deviation between it's users even for same hashrate.  I'm not sure if it's something inherent to the pool or if the different servers are doing different things at different times or what, but 2 people with identical hashrate could have 2 very substantially different results

Are those not 2 day periods as well? lol

Middlecoin cashes out once a day.

http://www.middlecoin.com/reports/1HrcdHStzy9RHQgsGuMH3adYhuxrd3gdaU.html
Last payout is for 24 hours of hashing with 0.62MHs.

Could maybe the size of the pool and luck.

Middlecoin cashes out every day ONLY if your balance is > .01 otherwise it's once every 7 days for balances > .001.

That one that you showed had built up unexchanged and immature coins - look at his hashrate for the previous few days.

[uh60james]

What's the news? What are you working on atm? I love to watch your pool working with some more power soon

Preparing for Beta release this weekend, the floodgates open and the hashrate goes up.

Public Beta?

[socket]

It seems the current benchmark for auto-switching BTC payout is ~0.01 BTC per Mh/sec a day right now.  So expecting 0.009 for 600 Kh/sec for a day of work isn't realistic.  Also every multipool has it's up and down days.

[mikeybit]

It seems the current benchmark for auto-switching BTC payout is ~0.01 BTC per Mh/sec a day right now.  So expecting 0.009 for 600 Kh/sec for a day of work isn't realistic.  Also every multipool has it's up and down days.

Not sure that any pool is currently getting that on a consistent basis.

[socket]

It seems the current benchmark for auto-switching BTC payout is ~0.01 BTC per Mh/sec a day right now.  So expecting 0.009 for 600 Kh/sec for a day of work isn't realistic.  Also every multipool has it's up and down days.

Not sure that any pool is currently getting that on a consistent basis.

1 Mh/day at current difficulty gets about 0.25 LTC.. which is ~0.0075 BTC.  Just to put the 0.01 BTC per day number into perspective.  That's about a 34% premium over mining LTC.  Middlecoin on average has been returning about that lately.  Though there are streaks on the high and low sides.  It'll be interest to see if Middlecoin will be able to keep it up.

[mikeybit]

It seems the current benchmark for auto-switching BTC payout is ~0.01 BTC per Mh/sec a day right now.  So expecting 0.009 for 600 Kh/sec for a day of work isn't realistic.  Also every multipool has it's up and down days.

Not sure that any pool is currently getting that on a consistent basis.

1 Mh/day at current difficulty gets about 0.25 LTC.. which is ~0.0075 BTC.  Just to put the 0.01 BTC per day number into perspective.  That's about a 34% premium over mining LTC.  Middlecoin on average has been returning about that lately.  Though there are streaks on the high and low sides.  It'll be interest to see if Middlecoin will be able to keep it up.

I just pulled the top 152 (random number) people from middlecoin, deleted any people who didn't have a previous payout, calculated btc/mh, and calculated average and std dev.  

Std Dev: 0.002507678
Average: 0.009247033

Today is a pretty high payout day for them, so not really representative of the normal day.  Feel free to do the same exercise...

One caveat that must be mentioned is that this assumes that the displayed hashrate has been maintained throughout the day...

[Kifissia]

So, the pool is PPS? PPLNS? Prop? Something else?

[Sovietaced]

So, the pool is PPS? PPLNS? Prop? Something else?

PPLNS but rounds aren't exactly defined by blocks always, more just time.

[Kifissia]

Thats good

Question #1: noticed something. How does your system choose what to mine? For example now I see the pool is mining FastCoin but I see its quite down the list in coinwarz and coinchoose.

Question #2: Where is the server located at? Country or Continent?

Thanks!

[Sovietaced]

Thats good

Question #1: noticed something. How does your system choose what to mine? For example now I see FastCoin but I see its quite down the list in coinwarz and coinchoose.

Question #2: Where is the server located at? Country or Continent?

Thanks!

1. We are limited to only so many coins. Right now we are setup to mine fst,csc,lot,net,gdc,dgc but there are some things i need to sort out. We can't just mine doge, wdc, tag, or even dgc/net etc without much higher hash rate. Also coins that have no market depth are unsellable or coins with a low hash rate may never arrive at the exchange because confirmations are so slow (ask us how we know). There's alot more that meets the eye when looking at coinwarz.

2. NYC

[Sovietaced]

What's the news? What are you working on atm? I love to watch your pool working with some more power soon

Preparing for Beta release this weekend, the floodgates open and the hashrate goes up.

Public Beta?

Yes, public beta. Expect everyone to get blasted with emails and for the hashrate to go sky high, we're counting on you ofcourse!

[socket]

It seems the current benchmark for auto-switching BTC payout is ~0.01 BTC per Mh/sec a day right now.  So expecting 0.009 for 600 Kh/sec for a day of work isn't realistic.  Also every multipool has it's up and down days.

Not sure that any pool is currently getting that on a consistent basis.

1 Mh/day at current difficulty gets about 0.25 LTC.. which is ~0.0075 BTC.  Just to put the 0.01 BTC per day number into perspective.  That's about a 34% premium over mining LTC.  Middlecoin on average has been returning about that lately.  Though there are streaks on the high and low sides.  It'll be interest to see if Middlecoin will be able to keep it up.

I just pulled the top 152 (random number) people from middlecoin, deleted any people who didn't have a previous payout, calculated btc/mh, and calculated average and std dev.  

Std Dev: 0.002507678
Average: 0.009247033

Today is a pretty high payout day for them, so not really representative of the normal day.  Feel free to do the same exercise...

One caveat that must be mentioned is that this assumes that the displayed hashrate has been maintained throughout the day...

Great info!

[mishax1]

I would like to switch to hashbros, got up to 10MHs to contribute.
Same username.
Thanks   

[Reavon]

Whats wrong with the pool did i got kicked out or ist the mining freezed since 1 pm.

[Stenull]

What's the news? What are you working on atm? I love to watch your pool working with some more power soon

Preparing for Beta release this weekend, the floodgates open and the hashrate goes up.

Lovely! Is there some kind of count down so we can sit ready with our start button?

[Sovietaced]

Whats wrong with the pool did i got kicked out or ist the mining freezed since 1 pm.

I was doing some heavy server work really late. Thought I had things in working order and went to sleep. It's fixed now.

We basically separated our web servers into web and worker servers. The worker servers do the coin/block/worker updates while the web servers just display the website.

This is important moving forward so we can scale our web servers without impacting coin/block/worker updates.

[Sovietaced]

What's the news? What are you working on atm? I love to watch your pool working with some more power soon

Preparing for Beta release this weekend, the floodgates open and the hashrate goes up.

Lovely! Is there some kind of count down so we can sit ready with our start button?

No, since there is still quite a bit of work to do so we dont want to have a hard deadline.

[Sovietaced]

Guys, we're not letting anyone else into the alpha because most people are just using it for a day and leaving, we're looking for dedicated testers that understand that they are donating their hashes to a cause. For those of you who have tried and left, you'll be blasted with an email when the beta release is out and the hashpower is massive.

[sl1982]

Guys, we're not letting anyone else into the alpha because most people are just using it for a day and leaving, we're looking for dedicated testers that understand that they are donating their hashes to a cause. For those of you who have tried and left, you'll be blasted with an email when the beta release is out and the hashpower is massive.

Understandable.  If you still want people for the alpha that wont leave due to short profits let me know. Same username as on here.

[Sovietaced]

Guys, we're not letting anyone else into the alpha because most people are just using it for a day and leaving, we're looking for dedicated testers that understand that they are donating their hashes to a cause. For those of you who have tried and left, you'll be blasted with an email when the beta release is out and the hashpower is massive.

Understandable.  If you still want people for the alpha that wont leave due to short profits let me know. Same username as on here.

Done, thanks for helping out.