[ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★

[xminer2014]

payments were stalled on gagapool due to DIEM fork, I just resumed it and first batch went out, one more payment today to catch up with missing payment yesterday.

Does this include EBT payments? I've got my miner tuned and have been hashing it for about a day and a half, but haven't seen a payout during this time.

Yes, because the pool is using the miner's hashing power of both coins, the auto exchange is tied to the condition that both coins can be transferred without issues. You haven't seen payment after 1 and 1/2 day is indeed the case, normal you will get paid after +/- 1 days and we had 1 day stall, so this means your should see payment after +/- 2days.

In fact next payment is due in a few hours.

[tx42]

Yes, because the pool is using the miner's hashing power of both coins, the auto exchange is tied to the condition that both coins can be transferred without issues. You haven't seen payment after 1 and 1/2 day is indeed the case, normal you will get paid after +/- 1 days and we had 1 day stall, so this means your should see payment after +/- 2days.

In fact next payment is due in a few hours.

[DIEMcoin]

Hey guys

DIEM is doing a giveaway to bring in miners to our multipool.  You guys should do something similar and really blow gagapool UP!

Here's what were doing:   https://bitcointalk.org/index.php?topic=588310.msg7333133#msg7333133

DIEMcoin
aka tripppn

[DannyTom]

2,555.102 EBT = $1 USD

WTF?  Is that correct?  Last time I checked it was around 5000 EBT per $

Hate missing buy opportunities.

[Nullu]

2,555.102 EBT = $1 USD

WTF?  Is that correct?  Last time I checked it was around 5000 EBT per $

Hate missing buy opportunities.

To those who held when everyone else started dumping the moment it got listed on Poloniex;

Good call.

[DannyTom]

2,555.102 EBT = $1 USD

WTF?  Is that correct?  Last time I checked it was around 5000 EBT per $

Hate missing buy opportunities.

To those who held when everyone else started dumping the moment it got listed on Poloniex;

Good call.

Honestly not a fan of the new name and the staking change at the end of the mimth makes me nervous, but from what i hear about upciming merchant acceptance I think its going to keep going up.

[tx42]

2,555.102 EBT = $1 USD

WTF?  Is that correct?  Last time I checked it was around 5000 EBT per $

Hate missing buy opportunities.

To those who held when everyone else started dumping the moment it got listed on Poloniex;

Good call.

Honestly not a fan of the new name and the staking change at the end of the mimth makes me nervous, but from what i hear about upciming merchant acceptance I think its going to keep going up.

Do you mean "end of ninth"? Maybe this is just the beginning. The devs obviously have investors in mind with every move. Look at what they have done:

1. Gradual re-branding away from the original less than savory image (go back and look at the early part of this thread).
2. Move to pure PoS, which stabilizes the coins value.
3. Upping the interest and shortening the maturity to stabilize the network and award early investors.
4. EBT is even the payout coin of a multipool (I believe this is xminer's work).

Why would any of this make you nervous?


[addendum]


Most devs at such a late stage are either non-existent, stepping in to try to profit from a "rescue" by awarding themselves coins, or doing nothing and claiming that changing anything about the coin is somehow a mortal sin.

The EBT devs seem to treat EBT as a true long-term investment and are willing to adapt to a changing market without blind ideologies getting in the way of sound decisions.

[xminer2014]

Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

[lajz99]

Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.

[xminer2014]

Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.

Huh? Those were examples.

You can mine either algo and get paid with the coin you choose, So you can get paid with EBT by mining scrypt coins too.

Maybe gagapool is a bit confusing for some, everytime I need to explain this a few times, the algos are not tied to the pay coins, X11 is on the roadmap.

You can mine sha256 or scrypt on gagapool, You choose the paycoin by prefixing your address with either EBT_ or DIEM_ (uppercase!!!).

See here that people are mining scrypt coins and paid in EBT

http://gagapool.pw/workers

[lajz99]

Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.

Huh? Those were examples.

You can mine either algo and get paid with the coin you choose, So you can get paid with EBT by mining scrypt coins too.

Maybe gagapool is a bit confusing for some, everytime I need to explain this a few times, the algos are not tied to the pay coins, X11 is on the roadmap.

You can mine sha256 or scrypt on gagapool, You choose the paycoin by prefixing your address with either EBT_ or DIEM_ (uppercase!!!).

See here that people are mining scrypt coins and paid in EBT

http://gagapool.pw/workers

Aaah!  In that case, yes, a little confusing.   

[DannyTom]

Yeah it took me a little while to figure out I could mine scrypt at gaga for EBT too.  Still, gagapool works:

Status: 10549 confirmations
Date: 6/12/2014 05:43
From: unknown
To: 5oXQV43Tyd8t43V2SC2XFnZ5RZtzgK82yi (own address, label: GaGa Pool)
Credit: 5163.95047 EBT
Net amount: +5163.95047 EBT
Transaction ID: f545e5c654060950c6db70e75efd33807549a23a87269c3e2b4d2a42ab1f23fa


Status: 7566 confirmations
Date: 6/13/2014 04:49
From: unknown
To: 5oXQV43Tyd8t43V2SC2XFnZ5RZtzgK82yi (own address, label: GaGa Pool)
Credit: 2200.673985 EBT
Net amount: +2200.673985 EBT
Transaction ID: 2afbadd41bfada97fb1e4a2644c477b7c9fc03bc2f66bef966042b5a3dc4efef

[tx42]

Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.

Huh? Those were examples.

You can mine either algo and get paid with the coin you choose, So you can get paid with EBT by mining scrypt coins too.

Maybe gagapool is a bit confusing for some, everytime I need to explain this a few times, the algos are not tied to the pay coins, X11 is on the roadmap.

You can mine sha256 or scrypt on gagapool, You choose the paycoin by prefixing your address with either EBT_ or DIEM_ (uppercase!!!).

See here that people are mining scrypt coins and paid in EBT

http://gagapool.pw/workers

Just give examples of all four combinations to avoid the confusion.

Practically everyone I've talked to has been confused by the description.

[EBT]

Multipool EBT Payouts!!

Mine SCrypt or SHA256 and earn EBT at the gagapool.pw multipool!

GaGaPool
http://gagapool.pw/

Example of Mining for EBT Payouts Using SCrypt
(Yes! You can mine SCrypt and get paid in EBT!!!)

Code:

cgminer -o stratum+tcp://stratum.gagapool.pw:3333 -u EBT_YourEBTAdress

Example of Mining for EBT Payouts Using SHA56

Code:

cgminer -o stratum+tcp://stratum.gagapool.pw:3334 -u EBT_YourEBTAdress

[endlessskill]

Multipool EBT Payouts!!

Mine SCrypt or SHA256 and earn EBT at the gagapool.pw multipool!

GaGaPool
http://gagapool.pw/

Example of Mining for EBT Payouts Using SCrypt
(Yes! You can mine SCrypt and get paid in EBT!!!)

Code:

cgminer -o stratum+tcp://stratum.gagapool.pw:3333 -u EBT_YourEBTAdress

Example of Mining for EBT Payouts Using SHA56

Code:

cgminer -o stratum+tcp://stratum.gagapool.pw:3334 -u EBT_YourEBTAdress

Great! Will mine some EBT 

[EBT]

Remaining Premine Burned

To clear the EBT palette and prepare for new directions, the remaining EBT premine has been burned.

The burn address is 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA.

The premine addresses were 5mNkvK7284HREVfXdXCHJsi5waaH2Tcr1S and 5nuM8xKKNik6sQhZ1ctXvhsa8kfcYTicNc.

The burn transaction details are:

Code:

Date: 6/18/2014 10:43
To: 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA
Debit: -213137.80 EBT
Transaction fee: -0.004 EBT
Net amount: -213137.804 EBT
Transaction ID: ebc427cbac991d9f43d9de89708217538dda26bc3360095febe3bd8a0e11ea42

[Jonesd]

Remaining Premine Burned

To clear the EBT palette and prepare for new directions, the remaining EBT premine has been burned.

The burn address is 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA.

The premine addresses were 5mNkvK7284HREVfXdXCHJsi5waaH2Tcr1S and 5nuM8xKKNik6sQhZ1ctXvhsa8kfcYTicNc.

The burn transaction details are:

Code:

Date: 6/18/2014 10:43
To: 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA
Debit: -213137.80 EBT
Transaction fee: -0.004 EBT
Net amount: -213137.804 EBT
Transaction ID: ebc427cbac991d9f43d9de89708217538dda26bc3360095febe3bd8a0e11ea42

Well, that is very transparent of you guys! I would say a donation address would make sense though.

[xminer2014]

Come one guys, I have worked for 2 months on gagapool, come mine some EBT, we need more miners for EBT.
X11 is coming

[xminer2014]

https://bitcointalk.org/index.php?topic=657700

[jay_pilch]

i'm uncertain whether or not 100% max APR would incentivise adopters, it may act to deter potential investors by de-incentivising future adoption. in my opinion, the relatively fast decay rate of APR may cause poor distribution and thus less liquidity.

i can see that the team is actively creating opportunities for interest, for example by introducing a multi-pool. however, from my experience, there is a degree of correlation between multipool participation and liquidity/current pricing.

ever considered adding anonymous features? they have tended to increase value and liquidity of currencies.

otherwise, i think the EBT community is great and the devs have been continuously dedicated.

i acknowledge all i have written is just my opinion.