[Scrypt - Scrypt-N -X11] [40 coins] ** Coinmine.pw ** [Simple and effective]

[niceman]

Flappycoin (FLAP) Added

[niceman]

HoboNickels (HBN) added!

[mintyfresh]

How about adding Mooncoin (MOON)?

[niceman]

Very hight difficulty. It's much easier to mine coins with difficulty bellow 40 for us.

[niceman]

You can delete unneeded workers now

[CDexi]

I'm really liking this pool, however I'm worried about the hashrates, I'm running 6,5Mh/s with 0.0 - 0.1% rejected rate, no HW errors or anything like that everything works like a charm. For the last 24hours the pool dashboard has shown only 4,5-5Mh all the time.

Is this just a problem with the monitoring or am I really missing almost 1Mh somewhere?


ps. Out of curiosity, I've used tens of different pools with rejected rate 1.5 - 3% usually. How is it possible that with this pool I'm having 0.0% with all rigs? Is the connection just that good or something, or doesn't it report the invalid shares correctly?

[spiderdk]

I'm really liking this pool, however I'm worried about the hashrates, I'm running 6,5Mh/s with 0.0 - 0.1% rejected rate, no HW errors or anything like that everything works like a charm. For the last 24hours the pool dashboard has shown only 4,5-5Mh all the time.

Is this just a problem with the monitoring or am I really missing almost 1Mh somewhere?


ps. Out of curiosity, I've used tens of different pools with rejected rate 1.5 - 3% usually. How is it possible that with this pool I'm having 0.0% with all rigs? Is the connection just that good or something, or doesn't it report the invalid shares correctly?

same here

[niceman]

All pools copy of one open source software called stratum mining server. I use my own server software written specially for my pool.
My pool reject shares only calculated with errors in Scrypt algorithm and accept all correctly calculated shares.

BUT We have a Profit switching pool here. So we mine coins, when it drops difficulty. This leads to fast block changed (due to found blocks by our pool or another multi pools). And when blocks changes fast, your video card often don't have time to find some difficulty share last block, and already get new block for work.
So you just see "New block detected" on every line in your Miner but send much less shares this time.

Pool estimates your hashrate be accepted shares, and fast block switching leads to lower estimated rate. Just now I'm working about new switching algo, what will use block change time for profitability calculations. And switch you to fast coins if it really worth it.

PS: All miners in pool have lower estimated rates, so you get right part from total pool hashrate as reward. I will test new switch algorhitm today and see how estimates will change. May be I'll just add this coefficient 10% up for all - for your calmness.

PPS: Only thing you should monitor it's your personal Profit / Mh / day after all coin's sell. If you satisfied with result of my work as pool-operator and your work as trader - it's a mine reason to mine with CoinMine.PW.

[niceman]

Manual payouts added.

[niceman]

We have new switching algorithm now.

Testing it now, but looks good.

Thanks all for support. 600Mhash its nice!

[JB.]

Hey,

I've been on here now for a few weeks and things seem to be going very well. The server switch over worked and my reject issue has vanished! Great work.

Quick question.

The pool keeps mining KarmaCoin (KARM), how can this be a profitable coin when there are any big exchanges that accept it? CoinMarket has been down for a week now (back up today apparently) so how can a profit be made from them?

Have I just missed an exchange that accepts them?

Cheers,

John

[niceman]

MintPal:   https://www.mintpal.com/market/KARM/BTC 

CoinMarket.io:     https://www.coinmarket.io/market/KARMBTC

Coin-Swap:  https://coin-swap.net/

NewaltEx:  https://www.newaltex.com/exchange/karm_btc

CryptX.io:   https://CryptX.io

PMToCoins:  http://www.pmtocoins.com

Cryptorush: https://cryptorush.in/index.php?p=trading&m=KARM&b=BTC

Exchangers for KarmaCoin from ANN thread, first place where to find exchanges. https://bitcointalk.org/index.php?topic=447657.0
Anything wrong with it?

[niceman]

 It will be easier for me to choose new coins if our users will be involved. Vote Coin page created!

[suchmoon]

It will be easier for me to choose new coins if our users will be involved. Vote Coin page created!

Would you consider implementing auto-trading, for a reasonable fee? Right now there is no way for an average miner like myself to switch to your pool if I have to spend time finding exchanges for all the shitcoins and then trade manually (as most don't have auto trade options), not to mention that many coins would lose value by the time they meet minimum withdrawal thresholds. Since you already are pulling exchange rates etc from somewhere, it would make sense to take the next step and offer to convert the coins to LTC/BTC for your miners. And you would be able to back up your BTC/Mh estimate that you have there on the dashboard. It looks good but is unattainable for someone not working full-time as a trader.

[Vitalogy]

Because getting inspired by competitors without copying them is not a bad thing (just do better!) here a new pool that do exactly what I tried to explain in another post. A way to spread the hashrate to not hurt the health of small coins.

http://coinshift.com/about/

The Problem
A typical profit-switching mining pool diverts all of its hashing power to whichever coin is most profitable at the moment. When that profitability calculation changes, even if another coin is only slightly more profitable, the pool will abruptly switch its hashing power to the next coin.

(...)

The problem is one of misaligned incentives -- the incentive to mine on destructive profit-switching pools is too great. Coinshift's mission is simple: find a more sustainable way to mine altcoins profitably.

The Solution
Coinshift’s algorithm ranks all the alt coins who are more profitable to mine than Litecoin, and distributes its hash rate across them with a strong bias towards the more profitable coins. As the coins profitability changes, the algorithm shifts its hashrate over to the more profitable coins.

More detail on their website...

However I prefer to trade the coins myself so I will stay here.

[Vitalogy]

ARG! Another exchange down. Poloniex lost 12% of their BTC. https://bitcointalk.org/index.php?topic=499580
All markets and withdrawals are frozen.

I suggest you all to immediatly change your Poloniex adresses to another exchange. Or at least, if you don't have time right now, set the auto-withdraw to 0. So your coins will not be hold in a parallel world. (I have 24000 PENG and 1600 USDe paid by CoinMine but do not appear in my Poloniex account.)

[niceman]

Would you consider implementing auto-trading, for a reasonable fee? Right now there is no way for an average miner like myself to switch to your pool if I have to spend time finding exchanges for all the shitcoins and then trade manually (as most don't have auto trade options), not to mention that many coins would lose value by the time they meet minimum withdrawal thresholds. Since you already are pulling exchange rates etc from somewhere, it would make sense to take the next step and offer to convert the coins to LTC/BTC for your miners. And you would be able to back up your BTC/Mh estimate that you have there on the dashboard. It looks good but is unattainable for someone not working full-time as a trader.

First: We have manual withdraw option now. So you can withdraw any amount above 0.0001 COIN during 10 minutes.

Second: I have plans to create exchanger service for my pool. Not just copy-paste crappy exchanger what another do, I have several innovative ideas.
I was professional stock trader about 10 years and it's just ridiculous to see this "exchangers"...
When this exchanger will be released it will work with pool together and make auto-sell for pool users.

[suchmoon]

Would you consider implementing auto-trading, for a reasonable fee? Right now there is no way for an average miner like myself to switch to your pool if I have to spend time finding exchanges for all the shitcoins and then trade manually (as most don't have auto trade options), not to mention that many coins would lose value by the time they meet minimum withdrawal thresholds. Since you already are pulling exchange rates etc from somewhere, it would make sense to take the next step and offer to convert the coins to LTC/BTC for your miners. And you would be able to back up your BTC/Mh estimate that you have there on the dashboard. It looks good but is unattainable for someone not working full-time as a trader.

First: We have manual withdraw option now. So you can withdraw any amount above 0.0001 COIN during 10 minutes.

Second: I have plans to create exchanger service for my pool. Not just copy-paste crappy exchanger what another do, I have several innovative ideas.
I was professional stock trader about 10 years and it's just ridiculous to see this "exchangers"...
When this exchanger will be released it will work with pool together and make auto-sell for pool users.

Thanks, I'm looking forward to that.

[niceman]

Argentum, RonPaulCoin and iCoin added!

[CDexi]

About that hashrate thing, just checking if this is normal or should I adjust some settings (like scantime/expiry which are now 7/28).

Doing extremely stable 6,5Mh/s for over 1 week now, rejected 0.0% HW 0 etc., but this is how my hash rate graph looks in coinmine.pw:
http://i3.aijaa.com/t/00225/13098572.t.jpg

You already told the estimate is only an estimate, but this rather unstable graph makes me wonder.