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Author Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com  (Read 465522 times)
grippy54
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April 17, 2014, 08:36:05 PM
 #4021

I know a lot of people are against this but I still think it would be awesome if we had a segment with like a separate port where people could mine and then rather than immediately cashing out the coins to BTC they would be held a little longer term seeking price appreciation and cash out at more ideal times (with inherent risks involved of course.) Sort of like a multipool mutual fund lol.

One of the next major features I'd like to work on (although it is a very large codebase change) is optional payouts in the coins that we mine.  Essentially you'd be able to "register" (sign a message from your btc account) an altcoin address, and those addresses would get paid mined coins (before exchange), and any leftover balance would be exchanged.  So essentially, depending on the coins we've mined, you might get back 50% in that coin, and 50% in btc, and the next day a different amount (depending on how much was mined).

It has a bunch of benefits for everyone, we can avoid the exchange (fees), can avoid pushing down the market a bit (not selling those coins), and people get to hold coins they want to hold (optional).  Its a win-win, its just a lot of code Smiley
Optional payout in mined coins sounds like a much more market-friendly approach. I like it.
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utahjohn
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April 17, 2014, 09:31:17 PM
 #4022

I know a lot of people are against this but I still think it would be awesome if we had a segment with like a separate port where people could mine and then rather than immediately cashing out the coins to BTC they would be held a little longer term seeking price appreciation and cash out at more ideal times (with inherent risks involved of course.) Sort of like a multipool mutual fund lol.

One of the next major features I'd like to work on (although it is a very large codebase change) is optional payouts in the coins that we mine.  Essentially you'd be able to "register" (sign a message from your btc account) an altcoin address, and those addresses would get paid mined coins (before exchange), and any leftover balance would be exchanged.  So essentially, depending on the coins we've mined, you might get back 50% in that coin, and 50% in btc, and the next day a different amount (depending on how much was mined).

It has a bunch of benefits for everyone, we can avoid the exchange (fees), can avoid pushing down the market a bit (not selling those coins), and people get to hold coins they want to hold (optional).  Its a win-win, its just a lot of code Smiley

Bravo PW  Smiley
haggis
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April 18, 2014, 12:30:01 AM
 #4023

I know a lot of people are against this but I still think it would be awesome if we had a segment with like a separate port where people could mine and then rather than immediately cashing out the coins to BTC they would be held a little longer term seeking price appreciation and cash out at more ideal times (with inherent risks involved of course.) Sort of like a multipool mutual fund lol.

One of the next major features I'd like to work on (although it is a very large codebase change) is optional payouts in the coins that we mine.  Essentially you'd be able to "register" (sign a message from your btc account) an altcoin address, and those addresses would get paid mined coins (before exchange), and any leftover balance would be exchanged.  So essentially, depending on the coins we've mined, you might get back 50% in that coin, and 50% in btc, and the next day a different amount (depending on how much was mined).

It has a bunch of benefits for everyone, we can avoid the exchange (fees), can avoid pushing down the market a bit (not selling those coins), and people get to hold coins they want to hold (optional).  Its a win-win, its just a lot of code Smiley
Very nice, that will make me reconsider using a multipool!
utahjohn
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April 18, 2014, 02:35:09 AM
 #4024

@poolwaffle

Step up bro ... I think I have submitted some wonderful ideas and I see that you are considering some of them Smiley Hard work pays off ...
diwskwmx
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April 18, 2014, 02:52:51 PM
Last edit: April 18, 2014, 03:02:53 PM by diwskwmx
 #4025

Hi Guys!

So wafflestats is/are dead?

Will it return?

LPC

www.wafflecharts.com is up, although no new data until the API is back online.
diwskwmx
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April 18, 2014, 03:00:52 PM
 #4026

New database is in place.  Everything went smoothly, although it took a bit longer than expected.  Mining was uninterrupted, and everything should be running on the new box Smiley

I'm still seeing the down for maintenance page.  Is that by design?
Gentso1
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April 18, 2014, 04:20:51 PM
 #4027

I know a lot of people are against this but I still think it would be awesome if we had a segment with like a separate port where people could mine and then rather than immediately cashing out the coins to BTC they would be held a little longer term seeking price appreciation and cash out at more ideal times (with inherent risks involved of course.) Sort of like a multipool mutual fund lol.

One of the next major features I'd like to work on (although it is a very large codebase change) is optional payouts in the coins that we mine.  Essentially you'd be able to "register" (sign a message from your btc account) an altcoin address, and those addresses would get paid mined coins (before exchange), and any leftover balance would be exchanged.  So essentially, depending on the coins we've mined, you might get back 50% in that coin, and 50% in btc, and the next day a different amount (depending on how much was mined).

It has a bunch of benefits for everyone, we can avoid the exchange (fees), can avoid pushing down the market a bit (not selling those coins), and people get to hold coins they want to hold (optional).  Its a win-win, its just a lot of code Smiley
Very nice, that will make me reconsider using a multipool!

Awesome, I am supper excited about this.
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April 18, 2014, 05:13:08 PM
 #4028

New database is in place.  Everything went smoothly, although it took a bit longer than expected.  Mining was uninterrupted, and everything should be running on the new box Smiley

I'm still seeing the down for maintenance page.  Is that by design?

Try http://wafflepool.com instead of http://www.wafflepool.com

Thanx Wink
BTC: 19wv8FQKv3NkwTdzBCQn1AGsb9ghqBPWXi
diwskwmx
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April 18, 2014, 05:25:28 PM
 #4029

New database is in place.  Everything went smoothly, although it took a bit longer than expected.  Mining was uninterrupted, and everything should be running on the new box Smiley

I'm still seeing the down for maintenance page.  Is that by design?

Try http://wafflepool.com instead of http://www.wafflepool.com

ah, thanks!
amit2007gunjan
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April 18, 2014, 07:22:45 PM
 #4030

Why my Bitcoins expected (earned + unconverted) shows 0.00736930 btc and after 2 minutes when i refresh the page  down to 0.00727930 ? Am i loosing coins?


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poolwaffle (OP)
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April 18, 2014, 07:46:52 PM
 #4031

Why my Bitcoins expected (earned + unconverted) shows 0.00736930 btc and after 2 minutes when i refresh the page  down to 0.00727930 ? Am i loosing coins?

Because until they're converted, prices can change.  We're showing what we estimate those unconverted coins to be worth, which changes all the time.
amit2007gunjan
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April 18, 2014, 07:49:30 PM
 #4032

Why my Bitcoins expected (earned + unconverted) shows 0.00736930 btc and after 2 minutes when i refresh the page  down to 0.00727930 ? Am i loosing coins?

Because until they're converted, prices can change.  We're showing what we estimate those unconverted coins to be worth, which changes all the time.

Ok.I got it. Thanks for the explanation

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DrunkenDonkey
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April 18, 2014, 09:22:03 PM
 #4033

Interesting idea with the payout in mined coins, but it is about to clash with the hidden coins... I see "hidden" pays off based on the stats, but that can reveal them Sad
Mark™
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April 18, 2014, 09:48:29 PM
 #4034

BTC address 1JarvMv4BXgWUsnkwaQYG3WxgSRoAYxaKT is not appearing on the miners list. Why ?
mazuma
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April 18, 2014, 09:50:58 PM
 #4035

Interesting idea with the payout in mined coins, but it is about to clash with the hidden coins... I see "hidden" pays off based on the stats, but that can reveal them Sad

Who the fuck cares, you think poolwaffle is some genius that has a coin that no one fucking knows , its white coin hes mining, and everyone knows that. Plus with 8 hour confirms, i dont think the pump will even last that long. Lol at this "hidden" coin, what happened transparency.
rigrenter
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April 18, 2014, 10:12:30 PM
 #4036

Hi ... if anyone is interested ... renters (like me) are renting massive hash power this days ... if you want to rent you hash power for some good profit with no risk, take a look at NiceHash.com ... an easy way to get some more BTC out of your rigs ...
grippy54
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April 18, 2014, 10:39:39 PM
 #4037

Hi ... if anyone is interested ... renters (like me) are renting massive hash power this days ... if you want to rent you hash power for some good profit with no risk, take a look at NiceHash.com ... an easy way to get some more BTC out of your rigs ...
Dude... poor form. You don't look good trying to sell a different pool here.
zneww
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April 18, 2014, 11:03:33 PM
 #4038

Interesting idea with the payout in mined coins, but it is about to clash with the hidden coins... I see "hidden" pays off based on the stats, but that can reveal them Sad

Who the fuck cares, you think poolwaffle is some genius that has a coin that no one fucking knows , its white coin hes mining, and everyone knows that. Plus with 8 hour confirms, i dont think the pump will even last that long. Lol at this "hidden" coin, what happened transparency.

Goes bye bye when you don't make good money. Oh transparency.
dogechode
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April 19, 2014, 12:30:59 AM
 #4039

Come on guys several multipools do the same thing. Hashcows shows a bunch of the coins being mined as "moo" to hide what they are mining.
edonkey
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April 19, 2014, 01:12:44 AM
 #4040

I think that WafflePool provides a pretty nice balance where it comes to transparency. Yes, today was odd because the largest percentage of mined coin was hidden. But that's an anomaly, as far as I can tell from the relatively short time I've been mining on the pool.

Previously I was on CleverMining, where there is no transparency. So to me WafflePool is like a breath of fresh air.

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