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Question: What payout model do you prefer?
Classic shared block payout model - 100 (42%)
Score based payout model - 62 (26.1%)
Pay per share payout model - 76 (31.9%)
Total Voters: 236

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Author Topic: [CLOSED] BTCMine - ZERO fee mining pool (LP, SSL, JSON API, P2SH)  (Read 162992 times)
Lelouch
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June 07, 2011, 04:09:50 AM
 #721

When will be it fixed?
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June 07, 2011, 05:03:15 AM
 #722

Registration closed for 1-2 weeks.
Voluntary donations will be disabled around 06/08 00:00 UTC and pool will be switched to 2% commission.
Unfortunately current hardware and software not able handle too much top miners who pay zero fee and donate nothing.
In the next 1-2 weeks I will setup new servers with updated software.

BTCDig - mining pool (Stratum, VarDiff, DGM, SSL, JSON API)
wariner
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June 07, 2011, 05:17:05 AM
 #723

thank you for all  Wink

P2Pool.cloud - Public Node P2Pool EU/AMERICA Bitcoin 0% fee ITA - ENG

my BTC: 1KiMpRAWscBvhRgLs8jDnqrZEKJzt3Ypfi
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June 07, 2011, 05:32:35 AM
 #724

thank you for all  Wink

I expect this to happen to all pools that allow voluntary donations.   Further, it is amazing to me that the largest miners are the greediest and essentially stealing from the pool by not donating anything at all [where normally there would be a fee].  I would simply kick the bastards out of the pool.  Don't bother with making them pay at this point.  Better to let them have downtime while they are sleeping.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
Kluge
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June 07, 2011, 06:00:40 AM
 #725

Further, it is amazing to me that the largest miners are the greediest and essentially stealing from the pool by not donating anything at all [where normally there would be a fee].  I would simply kick the bastards out of the pool.  Don't bother with making them pay at this point.  Better to let them have downtime while they are sleeping.

I'd much rather see that than a mandatory fee. Voluntary fee facilitates an atmosphere of mutual respect.


Much unlike kicking people without warning for not paying a voluntary fee...........  Huh

Don't mix your coins someone said isn't legal
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June 07, 2011, 06:33:20 AM
 #726

Further, it is amazing to me that the largest miners are the greediest and essentially stealing from the pool by not donating anything at all [where normally there would be a fee].  I would simply kick the bastards out of the pool.  Don't bother with making them pay at this point.  Better to let them have downtime while they are sleeping.

I'd much rather see that than a mandatory fee. Voluntary fee facilitates an atmosphere of mutual respect.

I like  Wink

P2Pool.cloud - Public Node P2Pool EU/AMERICA Bitcoin 0% fee ITA - ENG

my BTC: 1KiMpRAWscBvhRgLs8jDnqrZEKJzt3Ypfi
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June 07, 2011, 06:45:46 AM
 #727

@dbitcoin

Are you physically NYC based? if so let's talk some business.

There are few wine tastings coming up in Manhattan, would be a great place to chat.


lmk.
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June 07, 2011, 06:51:46 AM
 #728

The balance is the total bounty or the solved shares? How can I get the payment? As I have set a low Minimum payout.
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June 07, 2011, 08:03:45 AM
 #729

@dbitcoin

Are you physically NYC based? if so let's talk some business.

There are few wine tastings coming up in Manhattan, would be a great place to chat.


lmk.

Thanks, but only my servers are somewhere in NYC (or  very close to NYC) Smiley

BTCDig - mining pool (Stratum, VarDiff, DGM, SSL, JSON API)
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June 07, 2011, 08:05:25 AM
 #730

The balance is the total bounty or the solved shares? How can I get the payment? As I have set a low Minimum payout.
When your confirmed bounty reach minimal payout, your payment will be processed automatically.

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June 07, 2011, 08:30:33 AM
 #731

I'm working on a table with the features of most of the mining pools. I have a couple questions about BTCMine:

Is there an automatic payout threshold, and can you set it to what you want?

Is there an instant payout button?

Can you get an e-mail notification if your miner goes idle?

Thanks!

Edit: The thread for my table is here if you want to post the info there: http://forum.bitcoin.org/index.php?topic=12920.msg178464
Lelouch
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June 07, 2011, 09:06:40 AM
 #732

Thanks dbitcoin.

Date                                  Debit                Credit               Balance
06/07/2011 07:04:54    0.04185432    0.00000000    0.04185432
Total:                                0.04185432    0                    0.04185432

So, now I should just wait until the payment?

Sorry for the troubles but Im just checking what pool should I take and I am trying them. This pool has been good so far Smiley.
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June 07, 2011, 09:13:26 AM
 #733

Thanks dbitcoin.

Date                                  Debit                Credit               Balance
06/07/2011 07:04:54    0.04185432    0.00000000    0.04185432
Total:                                0.04185432    0                    0.04185432

So, now I should just wait until the payment?

Sorry for the troubles but Im just checking what pool should I take and I am trying them. This pool has been good so far Smiley.

Right now minimal payout is 0.1 BTC , after switch to 2% commision I will setup minimal payout to 0.01
Just wait.

BTCDig - mining pool (Stratum, VarDiff, DGM, SSL, JSON API)
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June 07, 2011, 09:54:12 AM
 #734

How long does it take to the Unconfirmed bounty to be Confirmed? Thanks!

PD: Nevermind they are being confirmed! Thanks.
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June 07, 2011, 10:49:37 AM
 #735

Why would you allow such a low minimum payout when you're paying a 0.01 BTC transaction fee every time?  It makes no sense.

You're just going to lose the large miners when they realize that they're subsidizing a bunch of pointless tiny payouts with (now) mandatory fees.  Is that what you want?

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June 07, 2011, 11:36:36 AM
 #736

Why would you allow such a low minimum payout when you're paying a 0.01 BTC transaction fee every time?  It makes no sense.

You're just going to lose the large miners when they realize that they're subsidizing a bunch of pointless tiny payouts with (now) mandatory fees.  Is that what you want?

Current minimum payout is 0.1.
Why do you think what I'm always pay fee?
Btw, most of large miners do not lose anything, they even do not donate anything... (sad, but true).

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฿itcoin ฿itcoin ฿itcoin


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June 07, 2011, 11:43:05 AM
 #737

When is registration going to be open?
Been waiting like 3 weeks for it to open and now it says another 2 weeks  Huh

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June 07, 2011, 01:51:26 PM
 #738

Further, it is amazing to me that the largest miners are the greediest and essentially stealing from the pool by not donating anything at all [where normally there would be a fee].  I would simply kick the bastards out of the pool.  Don't bother with making them pay at this point.  Better to let them have downtime while they are sleeping.

I'd much rather see that than a mandatory fee. Voluntary fee facilitates an atmosphere of mutual respect.


Much unlike kicking people without warning for not paying a voluntary fee...........  Huh

I wasn't suggesting going back to the voluntary fee.  I was suggesting to keep the mandatory fee, but to kick off the large greedy miners that weren't donating anything but earning a lot.

If you have found my post helpful, please donate what you feel it is worth: 18vaZ4K62WiL6W2Qoj9AE1cerfCHRaUW4x
Lelouch
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June 07, 2011, 03:58:11 PM
 #739

The 2% commision should be okey. As long as it provides a good mining pool, fast blocks, etc. I have decided to stay here Tongue.
ian2000gsxr
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June 07, 2011, 08:34:28 PM
 #740

quick question, i was working on that huge block that just completed 129251 for quite awhile and had about .05 in estimated bounty built up.  I then had to stop the miner for awhile, during that time the block finished and my bounty went to zero.  Shouldn't I still get something for my partial contribution to that block or do you have to be mining at the time the block is found?  sorry for the dumb question, I'm new at this.  Thanks
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