[ANN][POOL][VARDIFF] Coin Catcher beta launch - profit switching scrypt pool

[bluemist]

would be cool to have a bonus system.. like a random miner gets a bonus each payout proportionally based on their contribution

During the zero fee period it's going to be tricky to offer additional bonuses, but after launch there is definitely scope for bonuses & rewards. Thanks for all your feedback - it's really valuable.

[NameTaken]

Not 28.5% of the day or 24 hours, 28.5% of 0.000525 BTC/MH/hour.

Use better syntax and context.

I'm assuming you meaning that .000525 is the 28.5% you generated ---> "28.5% of 0.000525 BTC/MH/hour."


Also, variance. Again.

Take 24+ hours and check later.

0.0126 BTC/MH/day / 24 hours = 0.000525 BTC/MH/hour.

I will continue to mine then stop and wait for the converted to balance before calculating the average BTC/MH/Hour.

[NameTaken]

I have stopped mining on one of my account and the total have stabilized for awhile now. Worked out to an average of 0.00027895 BTC/MH/Hour. I think this pool have great potential and would encourage bluemist to keep up the hard work.

[Zels]

An other question :

Do u plan to let us choose to auto trade coin, or keep them.
Like hashcow do, we choose wich coin are traded to btc, and wich one we keep untraded.

[bluemist]

I have stopped mining on one of my account and the total have stabilized for awhile now. Worked out to an average of 0.00027895 BTC/MH/Hour. I think this pool have great potential and would encourage bluemist to keep up the hard work.

Hey NameTaken, thank for your feedback.

0.00027895 per MH/hour works out at around 0.0066948 per MH/day.

The latest estimation was 0.01045525 per MH day (0.00043564 per MH hour) so you earned around 64% of this.

A couple of things to bear in mind -

- You were mining within the first few hours of the pool's beta when we were still establishing the pool's hashrate.
- Due to variance, we can only really get an accurate reading over 24 hours

We realise that payouts are lower than expected and are working on our switching algorithm at the moment. Please bear with us while we improve the profitability.

Should the payouts over a 24 hour period remain low, we'll definitely consider giving bonus payments to our active members - to say thank you for sticking around for the difficult part

[NameTaken]

I have stopped mining on one of my account and the total have stabilized for awhile now. Worked out to an average of 0.00027895 BTC/MH/Hour. I think this pool have great potential and would encourage bluemist to keep up the hard work.

Hey NameTaken, thank for your feedback.

0.00027895 per MH/hour works out at around 0.0066948 per MH/day.

The latest estimation was 0.01045525 per MH day (0.00043564 per MH hour) so you earned around 64% of this.

A couple of things to bear in mind -

- You were mining within the first few hours of the pool's beta when we were still establishing the pool's hashrate.
- Due to variance, we can only really get an accurate reading over 24 hours

We realise that payouts are lower than expected and are working on our switching algorithm at the moment. Please bear with us while we improve the profitability.

Should the payouts over a 24 hour period remain low, we'll definitely consider giving bonus payments to our active members - to say thank you for sticking around for the difficult part

Yes, I understand this is just the first day of the beta so things can only get better from here.

[bluemist]

An other question :

Do u plan to let us choose to auto trade coin, or keep them.
Like hashcow do, we choose wich coin are traded to btc, and wich one we keep untraded.

Hey Zels,

It's on our list of possible features at the moment; if we get a lot of requests we'll give it a go. Thanks

[robelneo]

this is my first time to mine on this pool and I mine for 2 hour as trial but my stats still showing zero and it's been 5 hours
how long will they update the stat..

[bluemist]

this is my first time to mine on this pool and I mine for 2 hour as trial but my stats still showing zero and it's been 5 hours
how long will they update the stat..

Sorry we're just fixing a small issue with one of the coins and have had to pause the stats. We will update them as soon as possible

[bluemist]

Stats have now resumed. Thanks for your patience

[bluemist]

A few updates

- We've modified our algorithm to switch coins every 20 minutes instead of once an hour. You should start to see an increase in payouts.

- We also tracked down a bug with the proportional payout system that was contributing to the low earnings. This has been fixed and we'll be applying bonus BTC to all users today to compensate.

- New 'Latest Blocks' page added. You can view this here: http://www.coincatcher.net/blocks

Profitability is our main focus at the moment and we will continue to monitor and improve it. Please check back here for more updates.

[bluemist]

We've added bonuses to everyone's balances due to the payout issues. The bug is now fixed - thanks for being involved with the launch!

[yslyung]

2.4% total is a bit steep imo. maybe a revision ? currently hashing @ 2 different pools. will give it a try after 18 hrs later. have only 2 rigs atm 8mhs+. will we watching this space. bts, the layout is nice, simple & clean. keep up the good work.

[bluemist]

2.4% total is a bit steep imo. maybe a revision ? currently hashing @ 2 different pools. will give it a try after 18 hrs later. have only 2 rigs atm 8mhs+. will we watching this space. bts, the layout is nice, simple & clean. keep up the good work.

Thanks - glad you like the layout!

I appreciate what you're saying about the fees. They are 0% for the beta period while we're still establishing ourselves. Once we come out of beta we plan on using the revenue generated to continue development and for staffing costs in order to offer the best level of service possible.

Would be great to see you on the pool, and cheers for the feedback.

[robelneo]

We've added bonuses to everyone's balances due to the payout issues. The bug is now fixed - thanks for being involved with the launch!

bonuses  to everyone ?? my stat is still showing zero and when I access the miners link some of them are also showing zero on their stat ..Is this stat for real or there is still a bug??

[bluemist]

We've added bonuses to everyone's balances due to the payout issues. The bug is now fixed - thanks for being involved with the launch!

bonuses  to everyone ?? my stat is still showing zero and when I access the miners link some of them are also showing zero on their stat ..Is this stat for real or there is still a bug??

What's your username or BTC payout address? I'll check it out.

[robelneo]

We've added bonuses to everyone's balances due to the payout issues. The bug is now fixed - thanks for being involved with the launch!

bonuses  to everyone ?? my stat is still showing zero and when I access the miners link some of them are also showing zero on their stat ..Is this stat for real or there is still a bug??

What's your username or BTC payout address? I'll check it out.

nothing on my stat yet and this is my payout address 18LhYYr6GUQ7BBKVkZPnksuFKFiJxPic85
thanks for the concern you do have a very good features and you seems to be more transparent

Goodluck to your pool and more power

[bluemist]

We've added bonuses to everyone's balances due to the payout issues. The bug is now fixed - thanks for being involved with the launch!

bonuses  to everyone ?? my stat is still showing zero and when I access the miners link some of them are also showing zero on their stat ..Is this stat for real or there is still a bug??

What's your username or BTC payout address? I'll check it out.

nothing on my stat yet and this is my payout address 18LhYYr6GUQ7BBKVkZPnksuFKFiJxPic85
thanks for the concern you do have a very good features and you seems to be more transparent

Goodluck to your pool and more power

Cheers - really glad you like it.

I've checked out your user and it seems like your miner may not be connected to the pool. There are no records of hashrate or shares submitted all day. Please could you check that your hardware is showing as connected?

[bluemist]

We're now close to 2 days since launch and the response has been fantastic. Cheers to everyone that's come on board so far.

Now that we have a bit of data to work with, we're closely monitoring and analysing the mining efficiency of each coin to help increase the overall profitability. We've turned off a couple of poor performing coins and tweaked the algo to increase efficiency. LottoCoin and GrandCoin have had quite a large share of the mining time and they've been underperforming, so are now disabled for the time being. It's not an instant process, but earnings should increase from day to day as a result.

Requests for vardiff have been flooding in, and so this is one of our key priorities after perfecting the switching algorithm. Thanks for all the feedback!

[VarDiff]

Coincatcher added  to mining pools database
Grow up and good luck