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

[phrozenspite]

Hey guys,

I'd like to re-enabled Auroracoin, as its decently profitable at times.  However, since it is _such_ a long maturation time (from mined block to exchanged of about 17-18 hours), we expose ourselves to a decent bit of risk when mining it.

The easy solution is to allow it to be mined, but to limit exposure by only allowing a percent of our outstanding coins to be auroracoin.  Looking for input on what that percent should be? 5%? 10%?

The way it would be handled is mining AUR would be enabled if AUR unexchanged balance was less than X% of our total unexchanged.  If we picked 10%, and had 30btc (estimated) unexchanged, we would allow mining up to 3btc of AUR before disabling it.  As those blocks matured/exchanged, it would open up mining again automatically.

Thoughts?

Yes sounds good, 10% at least maybe 15%

What about 10% while price is less than X? I haven't been following this thread or the stats closely (aside from btc/mh) but it seems like we've been doing better on average since we stopped mining AUR? The reason I say < price X is to limit our exposure to mining during the bubble peak and watch our immature coins wither in value again. Not sure what we would agree on price X to be though. Ideas?

Edit: Maybe X could be 70% of last bubble?

Hey guys,

I'd like to re-enabled Auroracoin, as its decently profitable at times.  However, since it is _such_ a long maturation time (from mined block to exchanged of about 17-18 hours), we expose ourselves to a decent bit of risk when mining it.

The easy solution is to allow it to be mined, but to limit exposure by only allowing a percent of our outstanding coins to be auroracoin.  Looking for input on what that percent should be? 5%? 10%?

The way it would be handled is mining AUR would be enabled if AUR unexchanged balance was less than X% of our total unexchanged.  If we picked 10%, and had 30btc (estimated) unexchanged, we would allow mining up to 3btc of AUR before disabling it.  As those blocks matured/exchanged, it would open up mining again automatically.

Thoughts?

Yes sounds good, 10% at least maybe 15%

What about 10% while price is less than X? I haven't been following this thread or the stats closely (aside from btc/mh) but it seems like we've been doing better on average since we stopped mining AUR? The reason I say < price X is to limit our exposure to mining during the bubble peak and watch our immature coins wither in value again. Not sure what we would agree on price X to be though. Ideas?

Edit: Maybe X could be 70% of last bubble?

I second to that we seem to do better without AUR.
What about those 50% premined coins that will be distributed march 25th?
Is that long maturation time built in or is it just temporary stuff?

i agree, it's kind of a risky coin since the price fluctuates a lot and it has a low block retarget.  I don't know if we should be mining it since it isn't significantly more profitable than anything else. 

[1714306921]

1714306921

[1714306921]

1714306921

[LostSavage]

I think 10% or keeping a max of 3 blocks in the pipeline is fine.  I do recommend we stop mining it on March 23 and reevaluate on March 26 due to the premined coins "Airdrop".

[Mk2vr6]

If I've got a tiny balance can you still pay me out?

For some reason I had two bitcoin clients on my pc, and have used both wallet addresses.

I would like paying out for both.

Thanks, Tony.

Infact two small balances. Do they get paid out auto?

[LostSavage]

Infact two small balances. Do they get paid out auto?

From the website:

Payouts are processed multiple times a day, and anyone with a balance over 0.01 BTC is automatically paid in order of when you reached the threshold. On Sundays we pay everyone with a balance over 0.001.

[GalacticMiningCorp]

Hashrate: 30.72 GH/s     Miners: 4809     Mining: dogecoin     Time: 20:39:21

Wow! 30+ GH/s! Congrats, PW, you must be doing something right

[pikapika_doge]

Hi there,

I have an unconfirmed transaction from 2 of March.
0,022 BTC is seen as a White circle in my multibit client. It says it has been seen by 9 peers but not confirmed yet. Do you have the same issue at similar dates? Or simply is there anything i can do to save it?

I check some pages in thread but couldn't find anything similar.

Thanks

[jemmyboy]

Hi all,

Nice pool to be mining with 

I have a issue where my bitcoins earned has not changed for over an hour now even though the uncomfirmed has (its unusual for it being so long without movement on earned). I have checked cgwatcher and all is good....any ideas what the problem maybe?

Cheers

[UdjinM6]

Hashrate: 30.72 GH/s     Miners: 4809     Mining: dogecoin     Time: 20:39:21

Wow! 30+ GH/s! Congrats, PW, you must be doing something right

oh, yeah... http://wafflepool.com/miner/14t8yB3PDGfZT3VppxMY4J9xiBaXUcZvKp
it's growing and still not showing in miners list... and there is still no answer why...

[DrunkenDonkey]

PW did answer that like 10 pages back - the guy asked to not be shown on the list

[phzi]

oh, yeah... http://wafflepool.com/miner/14t8yB3PDGfZT3VppxMY4J9xiBaXUcZvKp
it's growing and still not showing in miners list... and there is still no answer why...

PoolWaffle said exactly why... Yeesh, some people...

https://bitcointalk.org/index.php?topic=433634.msg5365044;topicseen#msg5365044

Learn to search before you go full retard.

[poolwaffle]

Hi all,

Nice pool to be mining with 

I have a issue where my bitcoins earned has not changed for over an hour now even though the uncomfirmed has (its unusual for it being so long without movement on earned). I have checked cgwatcher and all is good....any ideas what the problem maybe?

Cheers

Cryptsy's trading engine is having some issues:
https://twitter.com/cryptsy/status/442791322454601729

Looking at our balance on cryptsy, we have a bunch of accounts with negative values.  Going to give it a while longer to let their stuff get sorted, and then I'll dig deeper

[fcmatt]

oh, yeah... http://wafflepool.com/miner/14t8yB3PDGfZT3VppxMY4J9xiBaXUcZvKp
it's growing and still not showing in miners list... and there is still no answer why...

PoolWaffle said exactly why... Yeesh, some people...

https://bitcointalk.org/index.php?topic=433634.msg5365044;topicseen#msg5365044

Learn to search before you go full retard.

Searching on this forum sucks so bad it is mind boggling how poorly it was written. And sometimes these threads grow so fast with stuff off topic to the pool it is hard to find. Give the guy a break.

[LostSavage]

Cryptsy's trading engine is having some issues:
https://twitter.com/cryptsy/status/442791322454601729

Looking at our balance on cryptsy, we have a bunch of accounts with negative values.  Going to give it a while longer to let their stuff get sorted, and then I'll dig deeper

You might want to put in a support ticket.  You can't trade at all with any negative balances.

About a month ago Cryptsy paid a Dogecoin withdraw of mine three times.  Their fix was to give my account a negative Dogecoin balance.  I send the Dogecoin back and got some Cryptsy points for doing the right thing.

[phzi]

@PoolWaffle: any luck with coins stuck at coinmarket?  Looks like they are online right now.

I would say AUR is worth mining small bits of when very profitable. Max 4 blocks waiting maturation would make sense to me.

[igroock]

I found a block of Doge and supposed to get 470,123.00000000 which is says is valid, yet I dont nearly have as much value in my wallet...I only have 0.02085766

Has it not hit my account yet or what?

[nitrocs]

I found a block of Doge and supposed to get 470,123.00000000 which is says is valid, yet I dont nearly have as much value in my wallet...I only have 0.02085766

Has it not hit my account yet or what?

Cant tell if serious......

[Rock6.3]

Wil, your stats page is reporting 502 Bad Gateway.

[UdjinM6]

oh, yeah... http://wafflepool.com/miner/14t8yB3PDGfZT3VppxMY4J9xiBaXUcZvKp
it's growing and still not showing in miners list... and there is still no answer why...

PoolWaffle said exactly why... Yeesh, some people...

https://bitcointalk.org/index.php?topic=433634.msg5365044;topicseen#msg5365044

Learn to search before you go full retard.

Searching on this forum sucks so bad it is mind boggling how poorly it was written. And sometimes these threads grow so fast with stuff off topic to the pool it is hard to find. Give the guy a break.

yeap, searched by 14t8yB3PDGfZT3VppxMY4J9xiBaXUcZvKp and nothing that looks like the answer I need was found. Didn't realized that I have to search 7a8678b8 instead... oh, well..

thanks everyone  

[Kifissia]

Is wafflepool going to add any other coins?

[dogechode]

am I the only person noticing that every time i look at cgminer it's like 90% new block/stale share/work restart requested messages??