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Author Topic: Bitcoin, BitcoinCash, Litecoin Stratum Mining Pool - http://otherbcrypto.com  (Read 417 times)
thomascvitale
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November 04, 2018, 03:52:35 PM
Last edit: October 19, 2019, 11:43:49 AM by thomascvitale
 #1

http://otherbcrypto.com - List of otherb crytocurrency pools, wallet (withdraw, deposit)
http://coin.otherb.com - Cryptocurrency Data
----------------------------------------------------------
sha256d
-----------
http://btc.otherbpool.com or http://167.71.173.139 - Bitcoin Stratum Mining Pool
http://bch.otherbpool.com or http://157.245.142.248 - BitcoinCash Stratum Mining Pool
------------------------------------------------------------------------------
scrypt
--------
http://ltc.otherbpool.com or http://157.245.141.134 - LItecoin Stratum Mining Pool
-----------------------------------------------------------------------
Sign up for an account, point your mining equipment to the stratum port.
Edit your profile add a payout address.
This pool is set at: prop: Proportional payout system
------------------------------------------------------------------
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NotFuzzyWarm
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November 05, 2018, 06:44:58 PM
Last edit: November 06, 2018, 01:32:54 PM by NotFuzzyWarm
 #2

One must assume that we can use any btc wallet address right?
Or, are you requiring users to get one through you?

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November 06, 2018, 02:08:31 PM
Last edit: November 07, 2018, 01:02:00 AM by frodocooper
 #3

There are no transaction fees
1 BTC will be rewarded for finding a block as bonus

That sounds too good.. No fees? 1 BTC bonus?

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rifleman74
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November 06, 2018, 08:49:42 PM
Last edit: November 07, 2018, 01:02:27 AM by frodocooper
 #4

That sounds too good.. No fees? 1 BTC bonus?

transaction fees = the pool only splits the 12.5 BTC  anything else is kept by the pool.
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November 08, 2018, 08:08:02 PM
Last edit: November 09, 2018, 01:49:33 AM by frodocooper
 #5

to clear up your confusion
the block finder gets rewarded 1 extra BTC
the pool splits the remaining coins

So finder gets 1 extra BTC plus what they would have made....rest of the pool splits roughly 11.5 BTC, you keep the transaction fees.  

No thanks
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November 08, 2018, 10:00:27 PM
Last edit: November 09, 2018, 01:50:29 AM by frodocooper
 #6

there is no transaction fees for removing coins or earning coins!
i dont understand what you are saying!
you got it right except the transaction part
Whomever finds block will be rewarded 1 BTC
pool splits 11.5 BTC
NO TRANSACTION FEES on earnings or widthdrawl......

Get it, Got it, GOOD

I have two Bitmain Antminer T9+(s) pointed at the pool and I will keep them there till I have found a block with or without your help

You do understand that there are transaction fees in blocks?  It is rare (unless you're antpoo) to have a block with 0 transaction fees.   The pool keeps these by your own statement.

Good luck keeping this pool up and running!
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November 09, 2018, 02:28:34 AM
Last edit: November 09, 2018, 02:36:39 AM by frodocooper
 #7

Get it, Got it, GOOD

A small suggestion, work on your "business demeanor" if you intend to attract users to your pool. For 1 you are not an established member or personality within the BTC environment from what I can tell. You show up with a new pool, which can be a great thing as competition is healthy. Unfortunately you are doing a piss poor job of explaining your business model, and are lashing out because of it.

I do not make a habit of following peoples links so your OP should have been filled with more information, in a way that there would only be a few questions, the rest of the replies would be criticisms or compliments if done correctly.

So to clarify:

A mined block currently has 12.5 BTC, plus the Miner Rewards which are the transaction fees for all transactions processed. This is what Riffleman is referring to when he mentions your pool plans on keeping transaction fees.

Your 1 BTC block finder bonus, really isn't that. You are taking 8% of the pools total reward and giving it to the block finder. So the pool isn't providing a bonus it is reducing rewards from the other miners to reward the block finder. To properly be a bonus this should be your 1 btc being put up as a reward. There are pools that currently do this.

What you are referring to is that you have no withdrawal fees for removing mined rewards. And that you have no pool fees for miners. Both are good things in a pool, but most people feel a pool charging a small fee makes sense as they need to keep the infrastructure operational.

Your plan and setup is more reminiscent of some of the altcoin pools I've seen.

People are going to be skeptical of any new pool that seems to good to be true, because on the off chance this small pool finds a block, they need to trust you will pay out the rewards.

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November 09, 2018, 02:00:30 PM
Last edit: November 09, 2018, 07:28:35 PM by NotFuzzyWarm
 #8

Once again, folks are NOT talking about transaction fees an operator might charge to withdraw earnings from your pool.
They are talking about the Tx fees that are part of the block solved. Those are the fees we pay to establish the transaction priority anytime you buy/sell/spend BTC. For miners those Tx fees are added to the 12.5 BTC finder reward.

Please ref Why all miners need to mine on a pool that pays them the tx fees at the top of this section...
edit: fixed link

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
How a miner mfgr SHOULD operate:  HaggsFIN trip to Canaan
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
Biffa
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November 09, 2018, 02:24:10 PM
Merited by Philopolymath (1)
 #9

You're wasting your time guys.

Why the op would expect anyone to trust their hash and potential coin to a pool operator who doesn't even understand the basics of bitcoin is beyond me.

Mine @ pools that pay Tx fees & don't mine empty blocks :: kanopool :: ckpool ::
Should bitmain create LPM for all models?
:: Dalcore's Crypto Mining H/W Hosting Directory & Reputation ::
rifleman74
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November 09, 2018, 03:34:11 PM
 #10

Steamtyme: I understand I sound harsh but I clearly state I configured the pool 0 tx fees and 1 btc reward block finder; thats it
rifleman74: Check it out for yourself
About the 0 fees you can find out for yourself by getting an account and going to (My Account > Edit Account)
You will see there are no fees and you are not donating
There is nothing more to explain except the account worker and stratum address here this is a working bitcoin pool that is configured as follows;
there are 0 transaction fees for earnings and widthdrawl which I have set in the configuration files
and in those configuration files I set 1 BTC for the block finder as an award and incentive to attract users
Should I take away the 1 BTC block finder reward?

Yes, you're keeping any and all transaction fees from the block....the block finder gets 1 BTC plus whatever they would have made, and everyone else splits the 11.5 - the original finder's slice.

BTW, do you have more than one person using your forum account, or do you as the pool operator only have two T9's pointed at your own pool?
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November 09, 2018, 06:32:26 PM
 #11

to clear up your confusion the pool is configured with 0 tx fee
the block finder gets rewarded 1 extra BTC
the pool splits the remaining coins

Still unreal.
Your BTC Talk account is not convincing as well.
Even for me, a "newbie" Smiley

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November 10, 2018, 06:18:39 PM
 #12

1. you are a newbie
2. no proof of you are beeing legit or not
3. why should I open up an account when a simple btc-address is enough for most other pools
4. all the other points stated before from various board members

we had some sort of newbie here in the past:

https://bitcointalk.org/index.php?topic=878921.msg9702079#msg9702079
or
https://bitcointalk.org/index.php?topic=1113359.0

we had enough from such pools

from the creator of CGMiner
http://solo.ckpool.org for Solominers
MoparMiningLLC
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November 13, 2018, 07:17:20 PM
 #13

anyone notice the site now states that block reward is 3 BTC ?

edit: nvm I now see he has changed the thread to say 3 btc as well - his prior posts all stated 1 BTC block reward.

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November 14, 2018, 03:52:18 AM
Last edit: November 14, 2018, 09:59:15 AM by frodocooper
 #14

3 BTC now?  lolol....what a scam.

I found this hilarious too, from his own FAQ page:

Q: What is a orphan block?

A: Coins generated by a block will not be available to you right away. They will take some time to be confirmed by the entire network before you are allowed to transfer them out of the pool. Usually coins have a confirmation set to 120. What that actually means: the network (not the pool) has to discover 120 additional blocks on top of the one found by the pool to confirm it.
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November 15, 2018, 10:36:18 AM
 #15

We have a verdict! Good luck with your fake'y project ;]

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