[CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers

[eleuthria]

With the change if fee, has the crediting of blocks to the pool changed to 1 confirmation ?
I noticed that block 293443 was on blockchain.info for 6 minutes, but not listed by BTCGuild.

Here's how it works:

1) Block is found by BTC Guild.
2) Within a minute, the frontend recognizes the block and it's listed under Pool Stats.  This process also identifies which 10 shifts will get paid for the block.
3) Once the block has a confirmation, the block is credited to the appropriate shifts.



So BTC Guild is still offering the near-instant rewards, you don't have to wait for the block to hit 100-120 confirmations.  It just waits for another block to confirm its own block before applying the reward to accounts.  To date BTC Guild has never had a block get orphaned after another block built off it (it's extremely rare to have a blockchain re-org beyond a single forked block).

EDIT: Obvious exception for the 0.8 hardfork orphans with regard to BTC Guild not having a block orphaned after another block confirmed it.

[BrandonMcPherson]

Solid move, Eleuthria. Simplifying the marketing message is great, especially considering the neutral net effect it has on us miners.

[os2sam]

Fee Update (3/31/14)

Don't forget to let Organofcorti know about the changes for the Bitcoin Mining Pools List.

[eleuthria]

Fee Update (3/31/14)

Don't forget to let Organofcorti know about the changes for the Bitcoin Mining Pools List.

Thanks for the reminder.

[hurricandave]

 If we have an orphaned block, with the time for conformation and such, will it show up on the dashboard and then disappear? Or is the only way to know that an orphaned block happened is to be watching the blockchain.info?

[eleuthria]

If we have an orphaned block, with the time for conformation and such, will it show up on the dashboard and then disappear? Or is the only way to know that an orphaned block happened is to be watching the blockchain.info?

Orphaned blocks will show up under the Pool Stats listing of our last 200 blocks, as "Orphan" for their block #.  They will not appear on your dashboard or on the PPLNS Stats pages at any time (they only show up on those pages after the block has another block confirming it, AKA:  Not orphan).

[hurricandave]

Thank you.

[organofcorti]

Fee Update (3/31/14)

Don't forget to let Organofcorti know about the changes for the Bitcoin Mining Pools List.

Thanks for the reminder.

Done.

[crilleaz]

I'm having trouble accessing the website, anything we need to know?

[seriouscoin]

pool is down?

[ldh37]

I'm having trouble accessing the website, anything we need to know?

Website is down for me and all my miners swicthed to my backup pool.  BTCG pool shows "Dead" on my antminers.

[elasticband]

pool is down

[STT]

Simple sounds best for your business but the IRS is probably wrong to try and do this.    If BTC was unique then maybe but its not, there must be thousands of crypto networks many junk but still.
    Are they really going to chase down every 2 bit operation.  I would expect them to target the businesses or hubs first so it is wise to respond but the IRS is criminalising a population which Im sure history has shown to be a pointless endeavour

The IRS made this ruling because it has the legal authority to do so.  But rules are not laws and therefore can be changed as circumstances dictate and as long as they do not contradict the law.  Wider acceptance of bitcoin, in spite of this speed bump, is one such circumstance that may force the IRS to reconsider its guidance.

http://newsbtc.com/2014/03/28/former-director-u-s-mint-addresses-bitcoin-irs-guidance/

[eleuthria]

Pool service restored, database server had stopped responding.  Looking into logs now to find the cause so it won't repeat itself.

[crilleaz]

Pool service restored, database server had stopped responding.  Looking into logs now to find the cause so it won't repeat itself.

Do I need to reconnect my farm?

[eleuthria]

Pool service restored, database server had stopped responding.  Looking into logs now to find the cause so it won't repeat itself.

Do I need to reconnect my farm?

I'd always recommend checking your miners after a confirmed service outage, just because not all software functions perfectly when dealing with unexpected disconnects.

[seriouscoin]

The website is still down for me.

[crilleaz]

I'm having trouble connecting my miners to the pool..

[ldh37]

Pool is down again for me.  half my miners show it as "Dead".  the other half show it "Alive" but they still failed over to my backup pool.  Reboots made no difference.

[eleuthria]

Yes, immediately after posting it was back up it went down again.  I'm looking for the cause.  Mining is back up again at the moment.