★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]

[solarion]

The best switching pool I've seen by a country mile is tompool. Switches can be set to 1 minute and it's always on the most profitable coin, but yeah it's a huge amount of maintenance.   

[Varvarin]

Not seeing any stats on the zeit pool page still. Kinda have to wonder if we are just mining for wafflepool or is this BTC actually going to end up in Zeit.

[podizzle]

Not seeing any stats on the zeit pool page still. Kinda have to wonder if we are just mining for wafflepool or is this BTC actually going to end up in Zeit.

i dont think hes going to waste his time buying with btc amounts under .1 ....... lets give him a chance.

[solarion]

Agreed, this is probably going to take awhile before we see a stream of zeitcoin payouts. Delighted the zeitcoin devs got this set up so quickly though.

With the huge reduction in supply of zeitcoins being provided by PoW and a moderate PoS rate, I like where this is heading. Zeitcoin could see a nice steady rise going forward.   

[jonnysomething]

Did anything ever happen with CryptoRush.in lost coins? I was never reimbursed.

[frant100]

Did anything ever happen with CryptoRush.in lost coins? I was never reimbursed.

the new owners are getting the site sorted out first then compensating but not sure if you have to contact them  first I never used that shitty exchange  after seeing why they became popular

[jonnysomething]

Did anything ever happen with CryptoRush.in lost coins? I was never reimbursed.

the new owners are getting the site sorted out first then compensating but not sure if you have to contact them  first I never used that shitty exchange  after seeing why they became popular

Yeah it was a terrible exchange for sure, but some coins could only be bought through it so I used it a little bit.
I emailed the original email that was listed on CryptoRush.in for compensation, but never got a response.

[Varvarin]

Not seeing any stats on the zeit pool page still. Kinda have to wonder if we are just mining for wafflepool or is this BTC actually going to end up in Zeit.

i dont think hes going to waste his time buying with btc amounts under .1 ....... lets give him a chance.

hehe I don't mean that, I don't know if the hashing is being attributed to the right place.

It is possible to mine with Zeit address (instead of the swapped BTC one), wafflepool will still take your hashes, but keep them for themselves.

[frant100]

Did anything ever happen with CryptoRush.in lost coins? I was never reimbursed.

the new owners are getting the site sorted out first then compensating but not sure if you have to contact them  first I never used that shitty exchange  after seeing why they became popular

Yeah it was a terrible exchange for sure, but some coins could only be bought through it so I used it a little bit.
I emailed the original email that was listed on CryptoRush.in for compensation, but never got a response.

might be worth sending a new ticket to them

[podizzle]

4 wall is under 20!!!!!! MARCH ON ZEITERS!

[solarion]

wow yer right! Wasn't it 22 or 23 a few hours ago? Wish I had more scrypt hashes to throw at it. Almost all of my gear is sha unfortunately.

[Varvarin]

wow yer right! Wasn't it 22 or 23 a few hours ago? Wish I had more scrypt hashes to throw at it. Almost all of my gear is sha unfortunately.

I have been buying in LTC mostly on Craptsy .. always ended up cheaper, with buy orders waiting at 2 sats on MintPal .. now at 3 ..

So far .. Bitcoins expected (earned + unconverted): 0.01449759

[podizzle]

faircoin multipool already has 320.77 MH/S
46 Miners

this is our main competition! now if only we could get theh pool stats to work on http://zeitpool.zeit-coin.com/

[solarion]

If we could get a setup for sha, I could throw 10th at it.

Hint hint devs.

[sunhu]

wow yer right! Wasn't it 22 or 23 a few hours ago? Wish I had more scrypt hashes to throw at it. Almost all of my gear is sha unfortunately.

I have been buying in LTC mostly on Craptsy .. always ended up cheaper, with buy orders waiting at 2 sats on MintPal .. now at 3 ..

So far .. Bitcoins expected (earned + unconverted): 0.01449759

The purchase of 28btc in mintpal is used to pay the cost of http://zeitpool.zeit-coin.com/ miners. First, the purchase of 3 zeit,
Then pay deposit pool of miners, and then use the mining BTC to buy 4 of the Zeit in mintpal. Of course, the mine pool should get the profit, not I suggest we put cryptsy on LTC sales to buy cheap. It is fair to the miners. 3 and 4 of the price of Thirty-three percent of the profits, the miners is not too fair. I hope mine pool owners will consider my suggestions. I count 30000000000000 of force to enter, hope Zeit can exceed bc. My friends are concerned about the operation of the mine pool. My English is not very good, I come from China ha ha. Using translation software translation discourse, I hope you can understand..........

[solarion]

Not sure I followed all that, but it seems to me it's the ask wall at mintpal that will hold zeitcoin down. The price at cryptsy will roughly mirror that. While it's currently a little cheaper to buy on cryptsy for ltc at current exchange rates, the fees are higher there and the ltc/btc price is pretty volatile. Aiming the pool to buy from mintpal is the right choice imo.

[sunhu]

Not sure I followed all that, but it seems to me it's the ask wall at mintpal that will hold zeitcoin down. The price at cryptsy will roughly mirror that. While it's currently a little cheaper to buy on cryptsy for ltc at current exchange rates, the fees are higher there and the ltc/btc price is pretty volatile. Aiming the pool to buy from mintpal is the right choice imo.

Yes, but I suggest the best in mine pool early, can do a fair bit. This is more conducive to attract enough miners.
When the price to 8-10, the price gap speak significantly reduced, the mine pool in more computing power, received ten percent of the profits, may be better than now, what do you think.

[Varvarin]

As I said to the Dev, I don't care about payouts in 1st few days at least, as long as that BTC is used to buy Zeit and raise the value of a great PoS coin.

When things get a bit more serious, I am sure someone will offer to do the whole proper pool thing. Lets get stats on page 1st .. 

[Dale Allen]

Not sure I followed all that, but it seems to me it's the ask wall at mintpal that will hold zeitcoin down. The price at cryptsy will roughly mirror that. While it's currently a little cheaper to buy on cryptsy for ltc at current exchange rates, the fees are higher there and the ltc/btc price is pretty volatile. Aiming the pool to buy from mintpal is the right choice imo.

I've got 24 MH/s on Vertcoin at the minute. Equivalent is about 60 MH/s on the multipool, is it worth me switching? My electricity bill is about £85 to £90 a day.

[_noname_]

2% pool fee is too high. Also, I hope devs will be taking the fee in Zeitcoin as well. No point otherwise.