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

[Zamboniman]

Wow, the features are being added at an amazing rate. It seems lately that every time I refresh the main stats page or my miner page there's something new on there.

Excellent work!

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[Zoella]

No h20 zoella

Hahaha!

Little quieter over here! Much more relaxing. Will give it a few more days, but h2o may become my backup pool. And I didn't have to pay .02 BTC for this one!!!

[KSGuy]

I wasn't to impressed with my 24 hours on this site.
I'll try it again during this weekend to see if it works a little better for me.

[poolwaffle]

I'm sorry it didn't work out for you.  Please report back with your earnings on your next try on wafflepool!

[smooth]

Suggestion: Display a luck calculation for 24 hours, 7 days, 30 days.  We're spending a lot of our mining time now trying to get big (profitable) dogecoin blocks, which is great, but since we haven't hit any our luck is probably negative. Showing the luck will help reassure miners when rewards are low due to randomness.

EDIT: Also, can we add MEOW. Seems to be the hot coin now and a good fit for this pool. (Assuming coinedup is supported as an exchange.)

[Zoella]

Suggestion: Display a luck calculation for 24 hours, 7 days, 30 days.  We're spending a lot of our mining time now trying to get big (profitable) dogecoin blocks, which is great, but since we haven't hit any our luck is probably negative. Showing the luck will help reassure miners when rewards are low due to randomness.

EDIT: Also, can we add MEOW. Seems to be the hot coin now and a good fit for this pool. (Assuming coinedup is supported as an exchange.)

I'd be interested in seeing luck as well.

Also wondering if we're switching too fast between coins?  Regularly see the pool jump to a coin at #1, then falls to #3.  The pool automatically switches to the new #1, and 30 seconds later the coin we were originally on jumps back to #1.  I may be wrong (and probably am, but thought I'd ask), but would an additional test before jumping coins be appropriate?  Maybe make sure that the coin we're on drops more than 500-1000 in profitability?  And/or until the next block is found?  Or maybe leave a % on the old coin until an additional test passed?  I know you're working on testing a more aggressive solution, so my question may be completely irrelevant, but just thought I'd ask.

[qsrab]

Take a look at what hashcows is mining from time to time. it tends to be coins you don't have listed yet.

[organizer]

Can you provide some info on the server(s)? Locations, etc?

[Zoella]

Take a look at what hashcows is mining from time to time. it tends to be coins you don't have listed yet.

I don't know about your experience, and I haven't tested cows in over a week, but their profitability has been horrible since the hack (at least for me).  We're talking 30% of what I was getting elsewhere.  They're share reject rate is also atrocious.  Averaging 15+% last time I checked.  I'm not so sure they're the ones to model after.

EDIT:
Just to be clear, I am not opposed to new coins though!

[poolwaffle]

Suggestion: Display a luck calculation for 24 hours, 7 days, 30 days.  We're spending a lot of our mining time now trying to get big (profitable) dogecoin blocks, which is great, but since we haven't hit any our luck is probably negative. Showing the luck will help reassure miners when rewards are low due to randomness.

EDIT: Also, can we add MEOW. Seems to be the hot coin now and a good fit for this pool. (Assuming coinedup is supported as an exchange.)

We're not using CoinedUp yet, but I'm working on adding them (exchanges are our next major bottleneck).

As for luck, wouldn't be too tough, just a matter of recording mining time and switches (not currently being recorded), not sure how to do the actual calculation for some coins however.  Basic luck is easy, luck with variable block rewards changes the mental association with the resulting numbers however.  100% luck on litecoin means something, 100% luck on doge, where every block was a low reward block (100k or so) means something completely different, even if the raw stat is correct.

Also wondering if we're switching too fast between coins?  Regularly see the pool jump to a coin at #1, then falls to #3.  The pool automatically switches to the new #1, and 30 seconds later the coin we were originally on jumps back to #1.  I may be wrong (and probably am, but thought I'd ask), but would an additional test before jumping coins be appropriate?  Maybe make sure that the coin we're on drops more than 500-1000 in profitability?  And/or until the next block is found?  Or maybe leave a % on the old coin until an additional test passed?  I know you're working on testing a more aggressive solution, so my question may be completely irrelevant, but just thought I'd ask.

This is just an issue with display.  Instead of changing the actual pool server to spit back numbers and amounts of hashrate going to various coins (tougher to test, requires a server restart, etc), the chart of coin mining hashrates was just a quick little hack that looks at the last 1 minute of shares submitted in the database.  What that means is that once we switch, the stats look to lag behind a little bit, even though the hash power has completely switched.  10 seconds after a switch for example, the stats will show 50/60 seconds of the last minute's hashpower going to the coin we were previously mining, and 10/60 going to the one we're actually mining at 100% speed.  We could look over a shorter period without a problem, but the rates become far more skewed by variance.

Add to the fact that the pool server buffers share inserts to lessen DB load (batch inserts), and it delays those stats by a bit more (5-10 seconds of shares buffered before the DB reflects the submitted shares), and those stats end up a bit delayed.  But again, this is all just a visual thing, hashrate switches far quicker than those charts show.

Take a look at what hashcows is mining from time to time. it tends to be coins you don't have listed yet.

Noted, soon as we get the new exchanges up and running and tested (the tough part), we'll be adding more coins for sure!

Can you provide some info on the server(s)? Locations, etc?

Servers are currently in New York.  Not sure what other information you'd like there (or how much more I'd like to make public)
We'll be adding more as time goes on for geo-loadbalancing, but we haven't seen a huge problem with latency up until now, and until it becomes a problem, not something high on the priority list

[poolwaffle]

From what I can tell (and someone please correct me if I'm wrong), a lot of the coins on hashcows are only listed on CoinedUp, which looks to have no real API (can't trade via API), very low depth, and is rediculously slow.  Doesn't look like implementing those coins would be on the list for a while (would need to hold them all day, and manually trade them myself, which isn't something I'd be very excited about doing).

[SeekEvo]

This is just an issue with display.  Instead of changing the actual pool server to spit back numbers and amounts of hashrate going to various coins (tougher to test, requires a server restart, etc), the chart of coin mining hashrates was just a quick little hack that looks at the last 1 minute of shares submitted in the database.  What that means is that once we switch, the stats look to lag behind a little bit, even though the hash power has completely switched.  10 seconds after a switch for example, the stats will show 50/60 seconds of the last minute's hashpower going to the coin we were previously mining, and 10/60 going to the one we're actually mining at 100% speed.  We could look over a shorter period without a problem, but the rates become far more skewed by variance.

I have noticed that on my individual stat page that the hash rate seems to lag at times too...My miner shows I'm still mining at ~1.46 KH/s, but often my stats will show far lower (I have noticed it as low as 400 on the website), and slowly ramp up. Is this likely the culprit as well? Display funk?

Thanks

[poolwaffle]

Nope.  The miner hashrates are a 10 minute average (to smooth out variance).  So if you've only been mining for 5 minutes, that hashrate will show ~50% of what your actual speed is.  This is pretty standard

[spherix]

Do you plan on paying out small miners ( > 0.001 but  < 0.01) on a regular basis.
otherwise it will take probably a month before i get to 0.01 BTC

thanks in advance

[poolwaffle]

Do you plan on paying out small miners ( > 0.001 but  < 0.01) on a regular basis.
otherwise it will take probably a month before i get to 0.01 BTC

Yep!  Its not going to be super regular, but rougly weekly, and won't be based on mining time or anything, we'll just run a payment that sets the minimum threshold at 0.001 instead of 0.01

We can't really go lower than 0.001 because of network fees, but I feel that is a pretty acceptable minimum (~$1 at current prices).

[spherix]

ok , cool.
yes threshold of 0.001 is acceptable
and weekly is ok.

thanks

[chilin_dude]

Is there any plan to make withdraws at a certain time every 24 hours? For the sake of consistency?
Thanks & great work so far.

[SeekEvo]

Nope.  The miner hashrates are a 10 minute average (to smooth out variance).  So if you've only been mining for 5 minutes, that hashrate will show ~50% of what your actual speed is.  This is pretty standard

Understandable, I've seen this on other pools.  Is there an explanation behind why I would see my hashrate fluctuate between 500 KH/s and 2 MH/s when my rigs are reporting they've been chugging along full speed (currently about 1.6 MH/s total)?  I'm certainly not blaming the pool, just curious what I'm experiencing  I'm not seeing any notable amount of rejects/stales/HW errors.  Could something else be going on that I should monitor for? I hope I'm not asking ignorant questions  ._.  

Thanks for the help! I've definitely been enjoying the profitability here over the other pools I've tried...

[ja5ka]

Nope.  The miner hashrates are a 10 minute average (to smooth out variance).  So if you've only been mining for 5 minutes, that hashrate will show ~50% of what your actual speed is.  This is pretty standard

Understandable, I've seen this on other pools.  Is there an explanation behind why I would see my hashrate fluctuate between 500 KH/s and 2 MH/s when my rigs are reporting they've been chugging along full speed (currently about 1.6 MH/s total)?  I'm certainly not blaming the pool, just curious what I'm experiencing  I'm not seeing any notable amount of rejects/stales/HW errors.  Could something else be going on? I hope I'm not asking ignorant questions  ._.  

Thanks for the help! I've definitely been enjoying the profitability here over the other pools I've tried...

Because the hashrate on the site is calculated from shares you have submitted to the pool -> sometimes you get bigger shares and sometimes smaller or no shares at all thus it varies alot on the site. Average will be still same as cgminer is showing.

My 675 khs rig shows sometimes 1.1 mhs, sometimes 300 khs. Depends on luck.

[smooth]

Suggestion: Display a luck calculation for 24 hours, 7 days, 30 days.  We're spending a lot of our mining time now trying to get big (profitable) dogecoin blocks, which is great, but since we haven't hit any our luck is probably negative. Showing the luck will help reassure miners when rewards are low due to randomness.

Well the luck is better now! And thankfully that was right after I increased my hash rate a lot.  But it still would be nice to show it.

EDIT: Also, can we add MEOW. Seems to be the hot coin now and a good fit for this pool. (Assuming coinedup is supported as an exchange.)

Still this.

Also wondering if we're switching too fast between coins?

Are you aware of an actual problem caused by the switching method? As far as I can tell this pool is designed to switch very efficiently. Our earnings here should be excellent.