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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 829393 times)
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Graet
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August 10, 2012, 05:01:07 AM
 #761

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!
most people exchange thier namecoins for bitcoins and enjoy the extra profit -

you will mine more namecoins, the difficulty of the namecoin blockchain is lower, therefore more namecoin blocks are found and paid out
This does not in any way impact the number of Bitcoin you earn at your hahrate


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Transactions can optionally carry transaction fees. Whoever mines the block which ends up containing your transaction will get the fee. The Bitcoin client will sometimes force you to pay a fee when it thinks that no miner will accept your transaction otherwise.
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August 10, 2012, 05:01:31 AM
 #762

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

BTC Guild is a merged mining pool (like most pools).  You earn Bitcoins _AND_ Namecoins simultaneously.  You get just as much BTC as you would at any other 5% PPS fee pool.  Merged mining takes a valid Bitcoin hash and applies it to Namecoin as well.  No speed is lost.  No coins are lost.

The front page explains it quite clearly.

Oh sorry, I assumed power was wasted, can I sell NameCoins too ? I am comning off Deepbit so was a bit confused.
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August 10, 2012, 05:02:44 AM
 #763

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

BTC Guild is a merged mining pool (like most pools).  You earn Bitcoins _AND_ Namecoins simultaneously.  You get just as much BTC as you would at any other 5% PPS fee pool.  Merged mining takes a valid Bitcoin hash and applies it to Namecoin as well.  No speed is lost.  No coins are lost.

The front page explains it quite clearly.

Oh sorry, I assumed power was wasted, can I sell NameCoins too ? I am comning off Deepbit so was a bit confused.
https://exchange.bitparking.com is the NMc exchange I prefer

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August 10, 2012, 05:03:12 AM
 #764

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

BTC Guild is a merged mining pool (like most pools).  You earn Bitcoins _AND_ Namecoins simultaneously.  You get just as much BTC as you would at any other 5% PPS fee pool.  Merged mining takes a valid Bitcoin hash and applies it to Namecoin as well.  No speed is lost.  No coins are lost.

The front page explains it quite clearly.

Oh sorry, I assumed power was wasted, can I sell NameCoins too ? I am comning off Deepbit so was a bit confused.

You can exchange namecoins on a namecoin exchange like Bitparking (https://exchange.bitparking.com/main).  They're not worth much at the moment (~0.003 BTC per NMC), though sometimes they get a spike in trade volume which temporarily makes Namecoins a decent bonus (1%+).

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
ice_chill
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August 10, 2012, 07:01:14 AM
 #765

Great Pool so far, I am happy I switched from Deepbit Smiley Much better website interface too.

Is there a program to have NameCoin wallet on my PC ?
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August 10, 2012, 08:13:21 AM
 #766

Great Pool so far, I am happy I switched from Deepbit Smiley Much better website interface too.

Is there a program to have NameCoin wallet on my PC ?
You have to get the namecoin daemon and/or client if you want to do that.

If you don't intend on keeping them, then use a deposit address from one of the exchanges trading NMC, as your withdrawl address, and you can sell them off without messing with the NMC daemon at all.

-- Smoov
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August 10, 2012, 10:21:23 AM
 #767

My miners are connected and mining, but the web page shows no mining at all going on.  Whats going on?

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August 10, 2012, 11:53:07 AM
 #768

mine2 is working for me as well as web interface updating as normal

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August 10, 2012, 01:21:52 PM
 #769

Yea was just a hicup I guess only went on for a couple hours. Looks like the DB caught up with the shares though.

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August 10, 2012, 03:35:45 PM
 #770

Yes, it looks like implementing the load balancers caused some small issues with some of the filters on the servers.  Most traffic went through, but it would occasionally drop some packets entirely, and this morning it looks like the DB server was dropping packets from mine2 for a while.  It did eventually catch up.

I've tweaked the settings on all 3 servers this morning, so this shouldn't be a problem going forward.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
eleuthria
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August 10, 2012, 04:02:15 PM
 #771

Great Pool so far, I am happy I switched from Deepbit Smiley Much better website interface too.

Is there a program to have NameCoin wallet on my PC ?

Thanks for the compliments on the pool Smiley.  I've always tried to keep the site providing as many of the vital statistics in one location, without becoming difficult to read/scan.

As for a namecoin wallet, unfortunately I haven't been able to find something that is quite as user friendly as Bitcoin's client.  Most users that actually use namecoin do so with the command line client (namecoind).  As Smoovius mentioned, most users simply use a withdrawal address for a namecoin exchange when they want to trade their namecoins for BTC, avoiding the need to run namecoin on their local machine at all.  Just be careful, since many (all?) namecoin exchanges use temporary addresses, meaning you would have to get a new withdrawal address and set it on BTC Guild for each withdrawal.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
eleuthria
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August 10, 2012, 05:41:22 PM
 #772

Continued work happening on the load balancers today.  As with yesterday, anybody pointed at a specific server (mine1-3) should be fine.  This is only currently affecting people mining at the generic 'btcguild.com' hostname.  Similar to yesterday, this shouldn't cause any service interruption, and should at most result in a disconnected longpoll or a couple of rejected shares.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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August 10, 2012, 05:46:44 PM
 #773

... As Smoovius mentioned, most users simply use a withdrawal address for a namecoin exchange when they want to trade their namecoins for BTC, avoiding the need to run namecoin on their local machine at all.  Just be careful, since many (all?) namecoin exchanges use temporary addresses, meaning you would have to get a new withdrawal address and set it on BTC Guild for each withdrawal.
Vircurex uses fixed addresses, as does BTC-e. If you request a new address from their deposit pages, the old address continues to work, even tho it isn't shown on the page anymore.

I've been using mine for months now.

Vircurex has many trading possibilities, detailed email notifications, but they have less volume.
BTC-e has fewer trading possibilities, no email notifications, but they have more volume.

My recommendation is to have an account at both, just to have a backup available if needed.

-- Smoov
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August 10, 2012, 07:47:06 PM
 #774

The 24 Hour Earnings stat is currently incorrect for namecoins.  Fixing it shortly (it will take 24 hours for the number to be accurate again).

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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August 10, 2012, 09:09:57 PM
 #775

The 24 Hour Earnings stat is currently incorrect for namecoins.  Fixing it shortly (it will take 24 hours for the number to be accurate again).

Confirmed, I dont think 0 is correct, lol, But is it just a display fault or are we just going to loose them?

Edit - I would not use anonymous mining, as I think it's a good idea for the server to have contact E-mail for Account varification.
What I would like is the abillity to remove accounts! No-one has done this.

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August 10, 2012, 09:13:28 PM
 #776

The 24 Hour Earnings stat is currently incorrect for namecoins.  Fixing it shortly (it will take 24 hours for the number to be accurate again).

Confirmed, I dont think 0 is correct, lol, But is it just a desplay fault or are we just going to loose them?

It's just a display fault.  It will start to rebuild the 24 hour earnings over the next day.  When I fixed the code used to generate graphs & calculate 24 hour earnings, I forgot to update the NMC side with it.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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August 10, 2012, 09:46:40 PM
 #777

Great Pool so far, I am happy I switched from Deepbit Smiley Much better website interface too.

Is there a program to have NameCoin wallet on my PC ?

Thanks for the compliments on the pool Smiley.  I've always tried to keep the site providing as many of the vital statistics in one location, without becoming difficult to read/scan.

As for a namecoin wallet, unfortunately I haven't been able to find something that is quite as user friendly as Bitcoin's client.  Most users that actually use namecoin do so with the command line client (namecoind).  As Smoovius mentioned, most users simply use a withdrawal address for a namecoin exchange when they want to trade their namecoins for BTC, avoiding the need to run namecoin on their local machine at all.  Just be careful, since many (all?) namecoin exchanges use temporary addresses, meaning you would have to get a new withdrawal address and set it on BTC Guild for each withdrawal.

yup. I made the mistake and accidentally clicked nmc payout when i didn't change my nmc wallet yet, i forget it was already stored and lost 1NMC, no big deal

but if possible could you have it open a confirm dialog box saying, "this will be sent to your saved NMC address, are you sure?"

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squall1066
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August 11, 2012, 11:25:50 AM
 #778

Great Pool so far, I am happy I switched from Deepbit Smiley Much better website interface too.

Is there a program to have NameCoin wallet on my PC ?

Thanks for the compliments on the pool Smiley.  I've always tried to keep the site providing as many of the vital statistics in one location, without becoming difficult to read/scan.

As for a namecoin wallet, unfortunately I haven't been able to find something that is quite as user friendly as Bitcoin's client.  Most users that actually use namecoin do so with the command line client (namecoind).  As Smoovius mentioned, most users simply use a withdrawal address for a namecoin exchange when they want to trade their namecoins for BTC, avoiding the need to run namecoin on their local machine at all.  Just be careful, since many (all?) namecoin exchanges use temporary addresses, meaning you would have to get a new withdrawal address and set it on BTC Guild for each withdrawal.

yup. I made the mistake and accidentally clicked nmc payout when i didn't change my nmc wallet yet, i forget it was already stored and lost 1NMC, no big deal

but if possible could you have it open a confirm dialog box saying, "this will be sent to your saved NMC address, are you sure?"

Yes +1 to this, I also came from deepbit, and not looking back, I'm squall1066 everywhere I go to avoid confusion, I am not a user of command line client, So I will be saveing up my NMC then trading in, Glad I read this as I did not know about the re-generation of a deposit address, So for an infrequent user would loose more saved up coins if used the same payout. so thanks for pointing that out.

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eleuthria
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August 11, 2012, 03:03:24 PM
 #779

The new load balancer setup had a few hiccups at first yesterday, but the last 8 hours have gone very smoothly.  I did find out that port 80 mining broke as a result, so I am working on correcting this ASAP.  Additionally, I will be adding a withdrawal confirmation screen that clearly displays your withdrawal address and mentions the warning about some exchanges not allowing you to reuse an address.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
eleuthria
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August 11, 2012, 03:25:06 PM
 #780

Port 80 users:  Change your mining server to:  port80.btcguild.com

The new load balancers rest on 'btcguild.com', and all DNS entries have been moved to that round robin.  Because of this, port 80 on the load balancers must redirect users to https://www.btcguild.com (due to the frequency of people not typing in 'www').

port80.btcguild.com will allow you to continue mining on port 80, and also experience the benefit of load balancing across the multiple backends.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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