g2x3k
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PooL-X.eu
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November 11, 2011, 04:38:32 PM |
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ofc you can, you just hide some blocks to cheat users dont lie! i doubt youre doing hehe, but could is another thing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) How would hiding blocks cheat the miner? Technically a PPS pool doesn't even need to keep public stats on blocks found. to claim bad luck to justify the fees ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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pooler (OP)
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November 11, 2011, 05:06:31 PM |
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You are right.. normally there are large fee's. But abcpool is 0% fee pps ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, but that's just a temporary promotional offer. On their own site they say they will introduce a fee later on. And even now I am quite sure they have a few generous miners who donate the default 4% or more, even if the don't have to. Of course I could do something similar, but I don't think I will, because that doesn't seem fair to me. Proportional pools (including PPLNS pools) don't worry too much about these problems, because they never give away more than they earn. This is false and mainly why i wanted to reply to your post. http://lc.ozco.in pays out 60 ltc per block. and also http://pool-x.eu pays 5 LTC block bonus to the block finder. Elitist Jerks use to do 50 ltc block bonus to the block finder.. so saying that a pool will never give away more then they earn is false. Again, those definitely look like promotional offers, which probably won't last forever (unless those guys want to lose real money, because server costs are real). I believe in Litecoin. What I am trying to build is something fair and durable, not something to attract miners. I don't want to reach a day when I will have to say: "Sorry guys, the offer is over, now we get serious." What would late miners think?
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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wknight
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Bitcoin calls me an Orphan
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November 11, 2011, 05:53:22 PM |
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pooler,
I understand where your coming from. I was just bringing up the facts at this point these facts you present are untrue. Pools are going to change fee's and give away for promotions all the time. The way your post was worded is for todays Litecoin pools.
Down the road Litecoin pools I am sure will change just like you changed your fee's.
Thats the only point I was trying to make.
I personally wish you all the luck in your pool.
Cheers
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Mining Both Bitcoin and Litecoin.
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pooler (OP)
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November 11, 2011, 06:10:27 PM |
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I understand where your coming from. I was just bringing up the facts at this point these facts you present are untrue. Pools are going to change fee's and give away for promotions all the time. The way your post was worded is for todays Litecoin pools.
I have nothing against other pools, and I'm sorry if I gave that impression. When I said "proportional pools" I was rather referring to the proportional system in itself, that's why I didn't think of additional promotions and the like. That's also why I think BTC and LTC pools can and should be compared. What is being mined is not important when you are just comparing reward systems.
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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pooler (OP)
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November 11, 2011, 06:15:01 PM |
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you shuld read up on pool hopping ... pplns with proper setup, cant rly be cheated, why wouldnt care for those other problems ?
I think you should re-read my post, I never said that PPLNS could be cheated by pool hoppers. What I said is that miners are subject to luck effects and that both the pool and its miners can potentially be cheated by block withholders.
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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pooler (OP)
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November 11, 2011, 07:57:21 PM |
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New change in difficulty, 6.7% decrease! I don't know if this is good (because shares are now worth a little more) or bad (because the Litecoin network is not growing). By the way, for all lovers of statistics I have added two more estimates on our stats page: an estimate of what the next difficulty will be, based on the current network hash rate, and the time to the retarget. These two figures should get more and more accurate as the difficulty change approaches. Please report any unexpected behavior! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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rTech
Sr. Member
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Trust but confirm!
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November 11, 2011, 09:16:38 PM Last edit: November 16, 2011, 05:43:55 PM by rTech |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimg847.imageshack.us%2Fimg847%2F1118%2Ftrophyj.gif&t=665&c=qvTStsj5scyo9w) _,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_,_ Ill personally donate 50 LTC for first person to add 90KHASHNote! Miner's has to keep miners atleast 5 days constantly over 90khash. I'm no way related in to this pool but i love pure PPS system. So i wanted to help promote it. Real deal no catch ;-) Ok Thanks 'n' bye... Have fun.. -.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.- Donated 50ltc to User2525
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Graet
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November 12, 2011, 01:43:54 AM |
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Yeah I know I'm a bad man paying 20% more..... BUT when Ozcoin's LTC pool started we were the 2nd or 3rd Litecoin pool. The "Unknown" section of the of the graph at http://litecoin.kicks-ass.org/graphs/graphs.htmlwas huge, there were concerns about 51% attacks etc in the #litecoin irc chanel - I decided to offer 20% more LTC to try to entice some of the "unknown" to "known". (btw contact molecular and get added to the graph) At todays (btc-e) price 10LTC =approx 0.15USD - that wont send me broke.... The LTC pool is running on a server I already had for my BTC pool - extra cost 0 So thanks for your concerns but really it costs next to nothing to run the LTC pool, the team at Ozcoin Pooled Mining Pty Ltd have over 5 months experience running a BTC pool. We also think Litecoin has a future - or we wouldnt be here ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Good luck in your venture, hope the lucky run continues for you ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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pooler (OP)
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November 12, 2011, 08:49:43 AM |
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Graet, I'm happy to read that you believe in Litecoin so much! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Unfortunately, despite your effort, "Unknown" miners have risen to 75%... let's hope those are not botnets! I will contact molecular and ask him to add us to the graph, thank you for the suggestion!
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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pooler (OP)
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November 12, 2011, 05:22:52 PM |
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Great news, folks! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The pool will now be paying for genuine stale shares, too! I've been working on this for a while, and I'm happy to announce that it's now official. Enjoy!
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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pooler (OP)
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November 13, 2011, 03:50:37 PM Last edit: November 14, 2011, 12:55:41 PM by pooler |
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Done! I see that the liteco.in block explorer has been redesigned, nice job! I miss some of the info displayed by the other block explorer, though, such us the link to the next block(s)... do you plan to add them?
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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terrytibbs
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November 15, 2011, 07:10:03 PM |
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I see that the liteco.in block explorer has been redesigned, nice job! I miss some of the info displayed by the other block explorer, though, such us the link to the next block(s)... do you plan to add them?
Thanks. I added a link to the next block(s). Let me know if there's anything else you're missing. I've trimmed down a lot, especially the UI-heavy stuff like table columns.
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pooler (OP)
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November 16, 2011, 05:33:31 PM |
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The site was down for about 30 minutes because of an attack attempt. I have added some additional protection, and the issue should be resolved now... Sorry everybody for the downtime.
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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pooler (OP)
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November 17, 2011, 03:17:42 PM |
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After upgrading to the latest version of litecoind, pool performance seems to be back to normal.
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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terrytibbs
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November 28, 2011, 09:55:04 AM |
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Do you mind if I poll your API every five-or-so minutes?
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pooler (OP)
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November 28, 2011, 09:57:01 AM |
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Do you mind if I poll your API every five-or-so minutes?
No problem. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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pooler (OP)
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November 29, 2011, 11:49:58 AM |
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Another reason to choose PPS: you get paid even when blocks get out of the main chain. There was one rather long (27 blocks) chain that became orphaned 7 hours ago, and two of those blocks were found by our pool. Did this affect your earnings? Not at all! (It only affected the pool's wallet, d'oh! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ) Here is the root of the orphaned chain: http://blockexplorer.sytes.net/block/51eb5d3c807107c6e9dc5ba0074883b718d1a5fe48f245f8cef53eff74ee09dc
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BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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DeathAndTaxes
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Gerald Davis
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November 29, 2011, 03:20:12 PM |
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A 27 block orphaned chain? Any idea why the network wouldn't re-org in 26 or less blocks?
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doublec
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November 30, 2011, 01:24:58 AM |
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A 27 block orphaned chain? Any idea why the network wouldn't re-org in 26 or less blocks?
It'd be interesting to analyse the two chains and see if any transactions were changed.
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