[ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool

[di0nysus]

that's alot of attacks today, a big exchange is also getting hit today :

Crypto Rush @TheCryptoRush
We're going into maintenance to attempt to stop this DDoS attack! ETA 30 mins.

Middlecoin also got hit I believe today

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[GoldMath]

Do the mining still working and be accepted during the 404 ?

[jamieb81]

Do the mining still working and be accepted during the 404 ?

I should not take the risk mining there right now

[Coinshift]

Do the mining still working and be accepted during the 404 ?

Mining is unaffected. The web servers are completely isolated from stratum.

404s are resolved now. Sorry about that.

[jamieb81]

Do the mining still working and be accepted during the 404 ?

Mining is unaffected. The web servers are completely isolated from stratum.

404s are resolved now. Sorry about that.

thanks! keep up the great work guys

[Pricoin19w]

Just saw my miner hashing from last 11 hours with no accepted and hence no hash on site. Same happened when wafflepool was atacked hence I shifted here. Not sure what do now. May be need to shift to some unknown small pool for few days till hacking solution is sorted out.

[CoinBuzz]

why the profitability is lower than litecoin?? why not pool is mining litecoin now?

[devt]

I see there is a lot of estimated unexchanged balance since yesterday, about half of total. Is this another dead coin or maybe just unresponsive exchange api?

[justme27]

Front end is occasionally 404-ing again... Mining seems unaffected though.

Why are you hodling all that AUR? Dump quickly before the mega-crash!

[NameTaken]

Down to 0.004BTC/MH/day doesn't look good...

[CoinBuzz]

why pool not mining pure ltc right now?

[xingqiaoyin]

I think earning is stuck for 12 hours now. ALmost like not mining anything What's up coinshift ?

[Coinshift]

Front end is occasionally 404-ing again... Mining seems unaffected though.

Why are you hodling all that AUR? Dump quickly before the mega-crash!

The the AUR is still immature. Multipools keep stranding it at a super high diff for 5-6 hours: https://aur.cryptocoins.at/explorer/chain/auroracoin
We've disabled it for the time being since it's so difficult to exchange.

[Coinshift]

why pool not mining pure ltc right now?

We skip any coins that we can't expect at least 1 block per 1.5 hours. However, with the market the way it is, we've bumped that to 2 hours so that LTC will activate.

[Coinshift]

Just saw my miner hashing from last 11 hours with no accepted and hence no hash on site. Same happened when wafflepool was atacked hence I shifted here. Not sure what do now. May be need to shift to some unknown small pool for few days till hacking solution is sorted out.

We've been investigating these reports... Were shares showing accepted on the miner? What software and version?

[CoinBuzz]

@coinshift

I've a question:

For example, now that i am writing this post, pool is dedicated 96.5% on AUR and 0.73% on DOGE and remains on others.
Since pool has 2.5GHash, 0.73% will be about 18Mhash. It is obvious that 18Mhash cant find any DOGE block. So i think the pool algorithm should consider coin's difficulty into it's dedication's amount too (i like to call it hashrate efficiency).
It is wiser that pool assign those 18Mhash to RDD or GDC since it can be more efficient on those coins difficulty [OR] assign enough hashrate to DOGE side.

What do you think?

[ButterBread]

@coinshift

I've a question:

For example, now that i am writing this post, pool is dedicated 96.5% on AUR and 0.73% on DOGE and remains on others.
Since pool has 2.5GHash, 0.73% will be about 18Mhash. It is obvious that 18Mhash cant find any DOGE block. So i think the pool algorithm should consider coin's difficulty into it's dedication's amount too (i like to call it hashrate efficiency).
It is wiser that pool assign those 18Mhash to RDD or GDC since it can be more efficient on those coins difficulty [OR] assign enough hashrate to DOGE side.

What do you think?

There's an echo in here.. echo in here..

[XViper]

Last night, I tried to get on this pool and it kept coming up dead on sgminer.  I'll double check my settings but was there an issue last night?  I tried the backup and the regular address. 

[Coinshift]

@coinshift
For example, now that i am writing this post, pool is dedicated 96.5% on AUR and 0.73% on DOGE and remains on others.
Since pool has 2.5GHash, 0.73% will be about 18Mhash. It is obvious that 18Mhash cant find any DOGE block. So i think the pool algorithm should consider coin's difficulty into it's dedication's amount too (i like to call it hashrate efficiency).
It is wiser that pool assign those 18Mhash to RDD or GDC since it can be more efficient on those coins difficulty [OR] assign enough hashrate to DOGE side.

What do you think?

That's a common question. Since finding a block is an independent random chance, you shouldn't slice up the hashrate and try to look at pieces independently across small time periods (in this case, the instantaneous DOGE hashrate). Statistically there is no benefit to maintaining some "minimum" instantaneous hashrate on a single coin.

We do manage the pool's "hashrate efficiency", but it matters only in aggregate across all the coins we're mining and across a longer time period. In other words, you should look at the weighted average of the coin difficulties, not any one coin. For example, imagine we had 2000 altcoins, all with the same difficulty as DOGE. We then allocate 0.05% to each. If you look at an individual coin you would think the probability of finding a block would be quite low. However, in aggregate, we'll actually find blocks quite often -- this is because the risk/reward ratio for each unit of hashrate is profitable.

Another way to think about it is thinking of it over a longer timescale. Instantaneously at some points it was .73% DOGE and others it was 80% DOGE, but over the course of the day it averaged out to 700MH/sec.

[xingqiaoyin]

Whatever you are doing now you're doing it wrong profitability is below ltc and has been so for more than 24  hours.