[POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com

[poolwaffle]

So for payouts today, we're in the same spot as a couple days ago.  Essentially I withdraw everything in Cryptsy (99btc at that time), and normally that would cover all of the payouts (we owe like 90 with the threshold).  However, since the withdrawal took 5 hours, we now have 99btc in our local wallet, and owe 114 total.  I've withdrawn the next set from Cryptsy just now.  If it takes the normal amount of time (5-10 minutes), everyone will get paid at the same time.  If it decides to take 5 hours (or anything more than the next 30 minutes), I'll send out a payment for whatever users we can, and the 2nd payout will come later tonight whenever the withdrawal goes through.  I'll give you guys an update in 20-30 minutes one way or another

[1714699754]

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[gsrcrxsi]

So for payouts today, we're in the same spot as a couple days ago.  Essentially I withdraw everything in Cryptsy (99btc at that time), and normally that would cover all of the payouts (we owe like 90 with the threshold).  However, since the withdrawal took 5 hours, we now have 99btc in our local wallet, and owe 114 total.  I've withdrawn the next set from Cryptsy just now.  If it takes the normal amount of time (5-10 minutes), everyone will get paid at the same time.  If it decides to take 5 hours (or anything more than the next 30 minutes), I'll send out a payment for whatever users we can, and the 2nd payout will come later tonight whenever the withdrawal goes through.  I'll give you guys an update in 20-30 minutes one way or another

its been said before, but why dont you just withdraw in more frequent, smaller amounts? if you're worried about large withdraws being the issue, this seems like an obvious solution.

[de_ixie]

So for payouts today, we're in the same spot as a couple days ago.  Essentially I withdraw everything in Cryptsy (99btc at that time), and normally that would cover all of the payouts (we owe like 90 with the threshold).  However, since the withdrawal took 5 hours, we now have 99btc in our local wallet, and owe 114 total.  I've withdrawn the next set from Cryptsy just now.  If it takes the normal amount of time (5-10 minutes), everyone will get paid at the same time.  If it decides to take 5 hours (or anything more than the next 30 minutes), I'll send out a payment for whatever users we can, and the 2nd payout will come later tonight whenever the withdrawal goes through.  I'll give you guys an update in 20-30 minutes one way or another

got it - thanks

[poolwaffle]

its been said before, but why dont you just withdraw in more frequent, smaller amounts? if you're worried about large withdraws being the issue, this seems like an obvious solution.

Just a matter of fees, and physically being around more often to withdraw.  We also have no idea what the reason behind the delay is (might not have anything to do with size, just total amount of withdrawals).

[fcmatt]

So for payouts today, we're in the same spot as a couple days ago.  Essentially I withdraw everything in Cryptsy (99btc at that time), and normally that would cover all of the payouts (we owe like 90 with the threshold).  However, since the withdrawal took 5 hours, we now have 99btc in our local wallet, and owe 114 total.  I've withdrawn the next set from Cryptsy just now.  If it takes the normal amount of time (5-10 minutes), everyone will get paid at the same time.  If it decides to take 5 hours (or anything more than the next 30 minutes), I'll send out a payment for whatever users we can, and the 2nd payout will come later tonight whenever the withdrawal goes through.  I'll give you guys an update in 20-30 minutes one way or another

its been said before, but why dont you just withdraw in more frequent, smaller amounts? if you're worried about large withdraws being the issue, this seems like an obvious solution.

Probably because most pool admins have a family and a real job. So this starts out as a side business. Which means they wish to spend a few hours
a day making everything work. But if they now have to spend 8+ hours a day babysitting a pool, paying colo costs, ddos costs, and etc.. and just now
making some ok money per day... they cannot exactly quit their day job or hire someone to assist them. The numbers do not work out yet especially since
it is a new pool. It is a catch22 for them.

[fcmatt]

its been said before, but why dont you just withdraw in more frequent, smaller amounts? if you're worried about large withdraws being the issue, this seems like an obvious solution.

Just a matter of fees, and physically being around more often to withdraw.  We also have no idea what the reason behind the delay is (might not have anything to do with size, just total amount of withdrawals).

I highly doubt you will get a clear reply from cryptsy. That site works right up until it doesn't and then you simply have to wait.

[libbyporit]

I highly doubt you will get a clear reply from cryptsy. That site works right up until it doesn't and then you simply have to wait.

This is probably true. While I understand there are not many options for alternatives to cryptsy's autotrading and API features, I would feel A LOT better if we move away from Cryptsy. I might be wrong here, but I've never trusted them and even worse since their payouts and support requests have been SO SLOW. I feel its a bad sign. What's going to happen when instead of payouts taking 5 hours, they take 25 hours? Having some contingencies in place seems like a necessity.

[glon]

its been said before, but why dont you just withdraw in more frequent, smaller amounts? if you're worried about large withdraws being the issue, this seems like an obvious solution.

Just a matter of fees, and physically being around more often to withdraw.  We also have no idea what the reason behind the delay is (might not have anything to do with size, just total amount of withdrawals).

Just making sure you haven't missed the API URL (?) change of Cryptsy, as mentioned further up in the thread?

[WaffleMaster]

and on coinwarz.com
for example Doge higher than LTC.
Why WP think LTC is more proffitable now ?

Exactly. There's no way we should even try to be mining Litecoin at all honestly. It's always so far down the list it's a ridiculous idea

This is unfortunately where you're wrong.  Litecoin has a constant block reward, dogecoin does not.  For example, there are some blocks of dogecoin that are worth a tiny tiny fraction of what litecoin is worth.  If it were just between these two coins, we would be mining litecoin.  There is obviously more to it than that, but this is the main reason.

Ah! I didn't have the short term aspect in mind. Makes total sense because those averages are over a long period of time constantly mining and even then those averages aren't reliable due to the RNG of certain crypto-coins.

[rrodent]

probably a dumb question but here it goes...  just started mining on wafflepool last night...  when looking up my wallet address I can see a hashrate figure that more or less lines up with the miner I have pointed at WP however I haven't seen the numbers on the coins move yet... sitting at 0.  Is this normal or do I have something misconfigured?

[dasomsos314]

I like it.thanks!

[richmke]

probably a dumb question but here it goes...  just started mining on wafflepool last night...  when looking up my wallet address I can see a hashrate figure that more or less lines up with the miner I have pointed at WP however I haven't seen the numbers on the coins move yet... sitting at 0.  Is this normal or do I have something misconfigured?

On the official wafflepool stats page, my Bitcoins earned (not yet sent), and Bitcoins unconverted (approximate), changes every few minutes. This is mining at 750khs.

What is your hash rate?

[Sinyk7]

I noticed my stats for blocks found seems to have cleared. Not like it matters, but I was wondering if wafflepool reset this stat at some point?

[phzi]

I noticed my stats for blocks found seems to have cleared. Not like it matters, but I was wondering if wafflepool reset this stat at some point?

Ya, it's been cleared more then once (unfortunately).

[Sinyk7]

nuts. I think wafflepool is the only pool where I have actually found blocks with, and it was more than 1!

[phzi]

nuts. I think wafflepool is the only pool where I have actually found blocks with, and it was more than 1!

Ya... I had over 600 blocks when they got cleared the first time =(.  Was a cool record to see.

[abalam]

So for payouts today, we're in the same spot as a couple days ago.  Essentially I withdraw everything in Cryptsy (99btc at that time), and normally that would cover all of the payouts (we owe like 90 with the threshold).  However, since the withdrawal took 5 hours, we now have 99btc in our local wallet, and owe 114 total.  I've withdrawn the next set from Cryptsy just now.  If it takes the normal amount of time (5-10 minutes), everyone will get paid at the same time.  If it decides to take 5 hours (or anything more than the next 30 minutes), I'll send out a payment for whatever users we can, and the 2nd payout will come later tonight whenever the withdrawal goes through.  I'll give you guys an update in 20-30 minutes one way or another

For me you could payout once a week if you want... i'm thinking long term profit...
keep good work !

[maxpowerzz92]

1% fee is ideal.

Perhaps move to 2X per day payouts to not hit the cryptsy hot wallet limit?

And a dedicated forum for interaction with multiple threads instead of a mega thread please!

Still going through the thread but there is already a dedicated forum on reddit.

http://www.reddit.com/r/wafflepool/

[maxpowerzz92]

why profotability dropped  to 0.00480181 per mh
 

Something wrong on your end, since I've been getting around .01 btc per MH.  Maybe a couple of days ago it was .0075, but still better.

[rrodent]

been mining for about the last 19 hours... worker address 13f6VAKbtd83T9V269iTJ5S6iUePxYUAbL_single...  coin values on miner lookup show 0.00000000 but the hash rate is going to town at around about 890khs.  Something appears not quite right.