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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 828889 times)
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navigator
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June 17, 2015, 06:47:41 PM
 #8341

I might give kano's pool a try. Does it have good uptime?

Everyone is making good points about each pool. I may also consider quitting soon. I believe in the not so distant future my 8c/kwh rate will be considered too high to mine. I may give antpool a shot. Bitmain has too much at stake in bitcoin for them to do something bad with their pool. And I should get consistent payouts there.

I just logged into a few older btcguild accounts. One has some btc dust 0.0002x, you can just keep that. I also found logins for sc.btcguild io.btcguild and pps.btcguild lol good times
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June 17, 2015, 07:53:37 PM
 #8342

best of luck to you in the future.

too many grasshoppers, not enough ants
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June 17, 2015, 08:04:42 PM
 #8343

Just a reminder:  If you're going to make a manual withdrawal to finish off your account, wait until your shares have fully matured (no shares left in open shifts).  Otherwise your account might generate slightly more BTC, and it may not be enough to actually request another withdrawal (I will not reduce it further than 0.0001 BTC).

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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June 17, 2015, 08:04:58 PM
 #8344

Yeah, Eligius and Ghash are the only pools without fees as of now. Besides eligius doing all that, ghash also 51%'d bitcoin. What's worst, who is to say these (or any other pool) isn't sometimes stealing some hashrate? In a very small scale that would be unnoticeable and nearly impossible to find/track. I just started mining and I found it sad it is SO centralized. I tried p2pool but unfortunately most hardware dont work very well there, my s5 included.
Unfortunately I will have to stay with eligius (and ghash as backup) for now. Just hope they don't get hashrate or do anything bad, but "having to trust" is really fucking bad!



NiceHash or WestHash all the way. PPS, 3% fee and past week paying 7% more than ideal bitcoin mining, which means effective 4% more than ideal bitcoin mining. No stealing of mining, you are paid for each share.

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June 17, 2015, 09:08:00 PM
 #8345

Eleuthria, thanks for running an honest pool. And thank you for the endorsement. Good luck with your new projects. A game with bitcoin integration would be awesome!

BTC Guild shutting down makes me feel old. But at least I don't have to listen to you talk about plans to shut down anymore. Tongue

Sadly this also feels like another nail in the coffin for decentralization. Of the pools that grew too big in the past, only Eleuthria handled the situation properly. Consider that before you move your miners to the biggest pool and assume that decentralization isn't important for bitcoin. All miners and pool operators have a responsibility to keep mining from getting too centralized.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
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June 17, 2015, 09:18:20 PM
 #8346

BTC Guild is Closing Down
BTC Guild will be shutting down its mining servers on June 30th, 2015 at 23:59 UTC. Users will still be able to log in and retrieve their history (CSV exports on the settings page) and request withdrawals until September 30, 2015..

Thanks for everything.

Peace.

M

MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
Buyer beware of Bitmain hardware and services.
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June 17, 2015, 09:31:08 PM
 #8347

Thank you
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June 18, 2015, 01:24:37 AM
 #8348

Sadly this also feels like another nail in the coffin for decentralization. Of the pools that grew too big in the past, only Eleuthria handled the situation properly. Consider that before you move your miners to the biggest pool and assume that decentralization isn't important for bitcoin. All miners and pool operators have a responsibility to keep mining from getting too centralized.
If anyone is interested in starting their own substantial pool, the open sourced AntPool code base should do a pretty good job of that. Unfortunately getting set up is such a small hurdle compared to actually running a pool that only a handful of people could actually run one properly.


I might give kano's pool a try. Does it have good uptime?
I started a side project of tracking all the major pools and they all managed ~99.95%+ so its a safe bet most will work. There may be temporary blips which kicks people off due to DDOS mitigation etc but all in all performance is good and equal.

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June 18, 2015, 09:01:45 AM
 #8349

The antpool code, like their firmware & p2pool code, is a complete mess & should be avoided at all costs. Ask any experienced pool dev/coder.

Only a Bitmain employee would say such a thing  Roll Eyes
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June 18, 2015, 10:38:18 AM
 #8350

The antpool code, like their firmware & p2pool code, is a complete mess & should be avoided at all costs. Ask any experienced pool dev/coder.

Only a Bitmain employee would say such a thing  Roll Eyes

Yes, their track record in the coding department is appalling I'm afraid, as are many of their claims, as I & others have touched upon elsewhere:

Thank you -ck & kano for chiming in, your experience & knowledge is greatly appreciated  Smiley  I've read a lot about this subject throughout the thread, it seems to me that bitmain are actually working against p2pool, despite their claims in their pool thread that they actively support it:

We support p2pool protocol

.....and has been significantly developed during the development of Antpool.

This is simply not true. Shouldn't forum rules/admins require them to change this statement? Doing so would also save a lot of confusion for new users of p2pool who wonder why they can't get the most out of their bitmain hardware while using p2pool. They seem to be trying to transfer p2pools unique decentralised nature for their own marketing needs - despite being an obviously centralised pool.

As bitmain refuse to fix their firmware (or more likely - they're unable/don't know how to), I'd be more than willing to chip in towards a bounty for a revised & fully functional S5 firmware for p2pool - if kano/-ck would be willing? The S5's are still being sold, & will remain workable for a while yet I think, so it would certainly boost p2pools attractiveness to new users if they could simply connect & mine like any other pool.  What do you think?

Tak.
I've posted quite a few times in their thread asking them to remove the references to p2pool.  They don't.  Thankfully one of the mods (I believe it was -ck) changed their thread title to get rid of the bogus "supporting decentralization" claim it spouted.  I completely disagree with dogie's statements about it being a "lost in translation" thing.  Bitmain took forrest's code and added some database stuff to it.  They didn't create their own implementation, or attempt to fix any of the variance problems.  Whatever they did was certainly not the $100,000s effort claimed, and they abandoned it since they realized they didn't know what they were doing.

$100,000's.......... Cheesy

I'd hazard a guess that this is one of the reasons why eleuthria didn't recommend them, & rightly so.
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June 18, 2015, 12:53:37 PM
 #8351

I've posted quite a few times in their thread asking them to remove the references to p2pool.  They don't.  Thankfully one of the mods (I believe it was -ck) changed their thread title to get rid of the bogus "supporting decentralization" claim it spouted.  I completely disagree with dogie's statements about it being a "lost in translation" thing.  Bitmain took forrest's code and added some database stuff to it.  They didn't create their own implementation, or attempt to fix any of the variance problems.  Whatever they did was certainly not the $100,000s effort claimed, and they abandoned it since they realized they didn't know what they were doing.

$100,000's.......... Cheesy

I'd hazard a guess that this is one of the reasons why eleuthria didn't recommend them, & rightly so.

Third post on the antpool thread, by me:
If this is a totally separate p2pool like network but miners connect to Bitmain's servers only to mine on it, then they get the worst of all worlds: They get the increased work loss of frequent restarts, they get the high diff shares that will prevent them getting paid consistently unless they have very large hashrates, and there is no actual decentralisation since they'll be mining at a centralised pool created by bitmain that just happens to use the p2pool code for its backend but isn't really p2peer.

If all of the above is true, then bitmain has tried to cash in on the decentralisation concept by paying homage to the idea using p2pool without actually understanding it.

Fail.

and later on...

I have finally had a skype text chat with the main Chinese Bitmain software engineers and unfortunately it's precisely as I predicted. In principle they wanted to help decentralise and saw p2pool as the obvious way to get involved and would be good publicity for them. Unfortunately they spent a lot of time fixing their regular pool first and just left this announcement up almost as a "preorder for a better p2pool". However they misunderstood the issues with p2pool and thought that all it needed was more coding expertise and manpower contributed to development to fix it and have only just started investigating it now.  While they can clearly improve on the existing code - and probably will unless the project gets canned - after I queried them about what solutions they had for the intrinsic p2pool protocol limitations/problems, they had precisely zero valid solutions for them.

And the rest is history...

Primary developer/maintainer for cgminer and ckpool/ckproxy.
Pooled mine at kano.is, solo mine at solo.ckpool.org
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June 18, 2015, 09:44:17 PM
 #8352

BTC Guild will be shutting down its mining servers on June 30th, 2015 at 23:59 UTC.

Eleuthria, understand your decision, a real shame to see the pool close ... as others have said ... thank you for your service to the BTC community over the years.

The clock is ticking quicker ... home and smaller miners ... R.I.P.

Unfortunately centralization is happening  Angry

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June 19, 2015, 03:44:27 AM
 #8353

BTC Guild will be shutting down its mining servers on June 30th, 2015 at 23:59 UTC.

Eleuthria, understand your decision, a real shame to see the pool close ... as others have said ... thank you for your service to the BTC community over the years.

The clock is ticking quicker ... home and smaller miners ... R.I.P.

Unfortunately centralization is happening  Angry



Much agree ^^ Thank you so much e for being a good, honest sort and running a solid pool. Wish you the best in the future and hope we see you lurking around here from time to time.
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June 19, 2015, 08:40:23 AM
 #8354

I will miss BTCGuild! Undecided

Moved around the pools a bit and i was back to BTCGuild for half year. now is closing Sad

Good luck to all!
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June 19, 2015, 03:16:44 PM
 #8355

I've deleted the massive derailment posts that filled the last page and a half.

My recommendation of Eligius is for three reasons:
1) They have been around as long as BTC Guild.  They opened in the same week.
2) No controversy about that pool/Luke-jr has ever been related to miners' being cheated, stolen from, or ripped off.
3) The pool operator (wizkid057) has always been transparent and quick to respond to questions, concerns, and comments for the pool.


If users do not want to use Eligius, I gave two other pool recommendations (BitMinter and Kano's CK Pool).  I recommend those pools for essentially the same reason I recommended Eligius, Kano's CK Pool being slightly different, since it's not as old as a pool, but the operator still fits the criteria and the operator has had significant presence in the community for much longer than the pool has been around.


EDIT: I did not delete the initial post that mentioned concerns over the Eligius recommendation, or the first few replies.  However, I did delete almost an entire page of posts that became bickering.  If you want to rehash old fights about Eligius/Luke-Jr, do it in a different thread.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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June 19, 2015, 03:17:07 PM
 #8356

Hi,
What happens to the Namecoin balance if it's less than the minimum...will we be able to withdraw them manually at some point?

G2A.com: Best site on the web for cheap PC games. Bitcoin accepted! https://www.g2a.com/r/user-5772bce920be5 
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June 19, 2015, 03:20:10 PM
 #8357

Hi,
What happens to the Namecoin balance if it's less than the minimum...will we be able to withdraw them manually at some point?

The 0.00xxxxx NMC balances will be funding my mansion...made of cardboard....and roughly the size of a car.  These amounts are worth less than half of a penny.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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June 19, 2015, 03:21:26 PM
 #8358

Hi,
What happens to the Namecoin balance if it's less than the minimum...will we be able to withdraw them manually at some point?

The 0.00xxxxx NMC balances will be funding my mansion...made of cardboard....and roughly the size of a car.  These amounts are worth less than half of a penny.

 Grin  Tongue

G2A.com: Best site on the web for cheap PC games. Bitcoin accepted! https://www.g2a.com/r/user-5772bce920be5 
Moon Bitcoin - get free BTC every five minutes! http://moonbit.co.in/?ref=590976878888
jonnybravo0311
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June 19, 2015, 03:23:30 PM
 #8359

Hi,
What happens to the Namecoin balance if it's less than the minimum...will we be able to withdraw them manually at some point?

The 0.00xxxxx NMC balances will be funding my mansion...made of cardboard....and roughly the size of a car.  These amounts are worth less than half of a penny.
Please accept my current balances of 0.00828663BTC and 0.00021412 NMC at BTC Guild as a donation towards your new mansion.  Maybe you'll be able to upgrade to corrugated cardboard now Tongue

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
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June 19, 2015, 04:31:48 PM
 #8360

Thanks for everything you did for Bitcoin. Sad to see you go. We need now more than ever honest pool operators like you.
I hope to see you with a new project soon Wink

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