[ANN] altcoinplex.com - A new hedgemining, auto-exchanging pool

[altcoinplex]

Hi everyone,

Our payout for today ~ 0.0104 BTC/MH/ 24 Hours

Cheers and happy mining!

[UdjinM6]

site down 

[Echoenigma]

site down 

Stratum is down for me.

[kgghost]

just 0.006/Mhz/24H for me Why！？
http://stats.altcoinplex.com/users/bitcoin/1C3iWWsiLvpm7SCniwb4jbF9LKr4ENQJCS.html

[tty0]

I'm also not yielding over 0.01.

Average accepted rate over the 24h 1.89MH (which will have been stable in the previous payment period), payout 0.01502852, BTC/mh/24h: 0.00834918

http://stats.altcoinplex.com/users/bitcoin/17ARNqPzZqXo1pVxVAmTkRHb2WHkfDky4B.html

[drexel232]

I'm assuming there's a buildup of unexchanged causing low initial payout???

The stats really don't tell you too much about what's going on behind the scenes. I stay on a pool for 6 days and average the total payout over 5 days, excluding the first. It could, of course, be poor performance. Holding out for now - new development is occurring.

[Echoenigma]

Is there a reason the pool has been placed at 2k difficulty? My hashrate according to the website has nearly been cut by 70%. Was there a problem with a lot of shares being submitted?

[UdjinM6]

I'm refreshing stats today and every time I do this I can see "Estimated amount from confirmed coins ready to payout so far" is ridiculously low and keep decreasing (and no payouts made btw)

WTH is going on?  

[Echoenigma]

I'm refreshing stats today and every time I do this I can see "Estimated amount from confirmed coins ready to payout so far" is ridiculously low and keep decreasing (and no payouts made btw)

WTH is going on?  

If the payout is the same time as yesterday, it'll be in about 90 minutes.

[UdjinM6]

I'm refreshing stats today and every time I do this I can see "Estimated amount from confirmed coins ready to payout so far" is ridiculously low and keep decreasing (and no payouts made btw)

WTH is going on?  

If the payout is the same time as yesterday, it'll be in about 90 minutes.

I hope it will be ok but stats looks scary

Estimated amount from confirmed coins ready to payout so far: 0.00062806

and few minutes later

Estimated amount from confirmed coins ready to payout so far: 0.00062768

another few minutes and

Estimated amount from confirmed coins ready to payout so far: 0.00062719

and it's not the amount I'd be happy with pointing my 5 mh/s miner to this pool

[altcoinplex]

Hi guys,

Sorry for the slow update in the post today.

Yesterday till this morning, our DNS server service provider was under attack, thus affecting our service.

I'm refreshing stats today and every time I do this I can see "Estimated amount from confirmed coins ready to payout so far" is ridiculously low and keep decreasing (and no payouts made btw)

WTH is going on? 

Hi UdjinM6,

You able to post your address or PM me your address so i can run a check for you?

Thanks

[UdjinM6]

Hi UdjinM6,

You able to post your address or PM me your address so i can run a check for you?

Thanks

Hi there!

I already switched my miner to another pool about an hour ago and now stats suddenly shows "Estimated amount from confirmed coins ready to payout so far: 0.03337936". So it's back to something more "normal". But just in case you have some history records - here you go
http://stats.altcoinplex.com/users/bitcoin/13w3Q6s6vTbfpQo3eZ4cDCwVGDNDgaamnh.html
Hope it'll help you find a problem.

EDIT: payout occurred just at the time I posted so it's 0 now

[hostmaster]

Issue fixed? or continue

[altcoinplex]

Hi UdjinM6,

You able to post your address or PM me your address so i can run a check for you?

Thanks

Hi there!

I already switched my miner to another pool about an hour ago and now stats suddenly shows "Estimated amount from confirmed coins ready to payout so far: 0.03337936". So it's back to something more "normal". But just in case you have some history records - here you go
http://stats.altcoinplex.com/users/bitcoin/13w3Q6s6vTbfpQo3eZ4cDCwVGDNDgaamnh.html
Hope it'll help you find a problem.

EDIT: payout occurred just at the time I posted so it's 0 now

Hi UdjinM6,

Ok thanks for your feedback.

We will look into it.

[altcoinplex]

We have been experiencing an exponential growth during the past couple of days. This has caused some pressure on our backend systems which our team is working around the clock to fix and maintain. We will be deploying a new and optimized version in the coming days.

[altcoinplex]

Hi everyone,

Just a quick update

The system will stop paying out in dogecoin and litecoin at the end of this week due to low take up as we not able to cover for the withdrawal fee.

We sincerely apologise for any inconvenience.

[jrrsparkles]

Sorry for this extremely extremely late update! I was burying my head down in the redesign of the website before realizing that I have no talent or skills in that area. My past experience in building scalable architectures clearly didn't come in handy here. :-( This took up a significant chunk of our time over the past couple of weeks while we juggled with redesigning some of the components of our system to deal with our dwindling hashrates, from over 200 MH/s last month to around 4-5 MH/s today. In short, we now connect to larger alt-coin pools for coins with much higher difficulty, like dogecoin or litecoin, to try and ensure a more consistent payout for our users and fallback on our own stratum daemons for coins with lower difficulty. We have also recently deployed a new algorithm in our basket mining system which should see better profits in the forthcoming days (it is still experimental and being tweaked as we speak!).

We understand this is our fault for not communicating well with our users, you, and the community. We are extremely sorry about this and will work to improve on it. Altcoinplex and I will be much more active in this forums henceforth and provide better clarity of our operations to you.

What happened with the delayed payouts, of around 1 payout every 2 to 3 days was due to an unfortunately series of events. Our coin switching mechanism decided to mine Auroracoin for a couple of days which takes almost 36 hours for the coin to mature and transferred to our exchange before we could convert it to BTC. When we realised this, we manually intervened into the coin switching mechanism to lower the mining on Auroracoin and set it to mine other alt-coins. As the backlog from the Aurora coins began clearing and we were ready to do another round of payouts, our primary exchange decided to perform maintenance on their BTC wallet and thus prevented us from doing payouts again. The final amount that our miners received shouldn't be affected, only delayed as it was.

This same exchange prevented us from doing payouts in the previous few days due to issues with BTC withdrawals and are attempting to freeze BTC accounts, as such, we decided to go with the lesser evil of trading our BTCs to DOGE, transfer to a separate exchange that we also use, trade it back to BTC at a loss, but at least guarantee our users receive their payouts. [http://stats.altcoinplex.com/poolstats.html]

This exchange has been removed from our list of exchanges that we use until they fix their problems, and we sincerely apologise for causing any distress to our users.

We messed up, we will try our best to fix it!

[jrrsparkles]

A good friend, and fellow miner on these forums becks619, has graciously allowed us to show others his users statistics page.

http://stats.altcoinplex.com/users/bitcoin/1MjNG9pGippwTSHraPnB1MBKwjr4q2ykiY.html

Do give us a shot! You'd not be disappointed!

[dansky]

New site design looks pretty good. I will try this out

[jrrsparkles]

Due to the low hashrates in our pool, we will be postponing tonight's payout until tomorrow.

Due to a combination of factors, 1) we use multiple exchanges, 2) we basket mine multiple coins at the same time, 3) low hashrates, our available balances in the exchanges, viewable at http://stats.altcoinplex.com/poolstats.html , is currently under the threshold allowed to be withdrawed. We'd have to wait at least until we are above the threshold before we can payout. We hope for your understanding!