[ANN][POOL] ipoMiner - Profitable multipool targeting new coins + merged mining!

[jimlite]

Wow, that was quick. Guess the Jade dev didn't pass CryptoAsian's POD, the first 0 ranking.

[Jerubbaal75]

Crypto mining has hit a new low with net connected masturbatory asics.. or grab both and setup a mecha-gangbang in your mining room! Try explaining that to Mom!  Even a novice electronics student could bypass the motion sensor with a 555 timer though.

https://bitcointalk.org/index.php?topic=720924.0

[circusmidget11]

JADE is all broken, trying to withdraw JADE from ipominer but it's still not showing up in wallet.   

[Klarisskin]

MNS(MTS) 400 satoshi. Another waste of mining time?

[forzendiablo]

MNS(MTS) 400 satoshi. Another waste of mining time?

seems so, glad i didnt mine it

[ipominer]

JADE is all broken, trying to withdraw JADE from ipominer but it's still not showing up in wallet.   

All JADE withdrawals show plenty of confirmations on our local wallet. But, there's no block explorer, the announcement post was taken down by the developer, and there hasn't been any activity on their thread for days so I don't know. If you see a transaction id on ipoMiner, that means it was sent.

Other than that, I just added TheoremCoin (THEO) on the X11 multiport.

[BakSAj]

SYS is "merge mineable with any SCRYPT coin". Any implementation of this coming to IPO? Thanks.

[ipominer]

SYS is "merge mineable with any SCRYPT coin". Any implementation of this coming to IPO? Thanks.

I would settle for it being mineable at all, right now. They just pulled their GitHub repo and announced a hard fork due to a transaction fee bug... which has caused all sorts of problems with log usage and disk space on the stratum servers now. I'm working on resolving those side-issues now so mining can resume on other coins, and SYS mining will need to wait for an update on the hard fork from their developers.

UPDATE: The disk space issues have been fixed and mining on everything other than SYS should be working properly now. Payouts on SYS are disabled until their developers have completed the hardfork/wallet update. Mining on the direct port for SYS has been rerouted to the scrypt multiport until it can be mined again.

[jimlite]

I would settle for it being mineable at all, right now.


Classic

[multicoindc]

Returning ipominer who cant get guiminer scrypt working having tried every suggestion on every support page I can find.
Any assistance gratefully received.

Thanks in advance.

Dave
London

[ipominer]

Here's an update about where things stand with SysCoin - there's a lot of auditing that needs to happen to sort out blocks that we mined, due to the two hard forks they've had. Some of our blocks will not be on the new post-fork blockchain, so expect an adjustment to confirmed/unconfirmed SYS balances accordingly. Really, the whole thing is a huge mess and will take at least 8-12 hours to sort out properly. Expect it to be enabled maybe late tomorrow at best, or possibly even Thursday.

There are also issues with syscoin's implementation of sendmany being broken, which causes issues that I need to look into as well.

[midgegaunt]

I own 140mh/s ASIC miners, you will probably see me on the mining list somewhere most days (midgegaunt).
I have come to the solid conclusion that clevermining and other multi pools with not present a ROI... ever...
I place my hopes in ipominer. Limited to SCRYPT algos I hope one day you guys jump on a coin that will become my saving grace.
$15,000 spent on mining gear is worrying when I fail to see a return.
For now, I am bag holding all of my mined coins until possibly in 12 months they will be worth significantly more. Do you think this is the best course of action?

[ipominer]

I own 140mh/s ASIC miners, you will probably see me on the mining list somewhere most days (midgegaunt).
I have come to the solid conclusion that clevermining and other multi pools with not present a ROI... ever...
I place my hopes in ipominer. Limited to SCRYPT algos I hope one day you guys jump on a coin that will become my saving grace.
$15,000 spent on mining gear is worrying when I fail to see a return.
For now, I am bag holding all of my mined coins until possibly in 12 months they will be worth significantly more. Do you think this is the best course of action?

Awesome, glad to have you mining with us! I completely agree with your analysis of large multi-pool mining, which is why I started ipoMiner. If you mine the same group of large hashrate coins as everyone else.. you'll see the same not-that-great returns they do.

Now, for new coin mining, it is easy to figure out what a truly optimal strategy would be: you would sell coins that will go down in the future (more than 90% will) and hold the ones that will go up.

Since none of us are psychic, we more realistically have three imperfect options:

1) Hold everything: If you can afford it, this *may* be the winning strategy. Unfortunately, most miners can't afford to hold every coin they sell, and if they do they probably will still somehow miss time their sell on the 1:100 that does astonishingly well.

2) Sell everything: When you have mined a coin and see profit that you're happy with, sell. This strategy yields the most consistent profits, but also means you miss out on the big winners.

3) A hybrid of #1 and #2: According to your individual risk tolerance and budget, sell enough of your mined coins on a regular basis to achieve the level of consistent profit you want/need. Hold on to some portion, whether that's 5%, 15%, 50% according to your risk tolerance/budget in case a coin later goes up dramatically.

Personally, I try to separate my mining of coins from trading of them. I've personally sold several huge winners way too early (BC, VRC, CINNI, and others). If you can afford to hold every coin you mine forever to see if it turns into a big winner, that may be a reasonably sound strategy as I described in #1 above. Since most miners can't afford to hold every coin for long periods, #3 is more likely to yield the most consistent results while still leaving room for extraordinary profits on a few coins that do well long-term.

[midgegaunt]

I own 140mh/s ASIC miners, you will probably see me on the mining list somewhere most days (midgegaunt).
I have come to the solid conclusion that clevermining and other multi pools with not present a ROI... ever...
I place my hopes in ipominer. Limited to SCRYPT algos I hope one day you guys jump on a coin that will become my saving grace.
$15,000 spent on mining gear is worrying when I fail to see a return.
For now, I am bag holding all of my mined coins until possibly in 12 months they will be worth significantly more. Do you think this is the best course of action?

Awesome, glad to have you mining with us! I completely agree with your analysis of large multi-pool mining, which is why I started ipoMiner. If you mine the same group of large hashrate coins as everyone else.. you'll see the same not-that-great returns they do.

Now, for new coin mining, it is easy to figure out what a truly optimal strategy would be: you would sell coins that will go down in the future (more than 90% will) and hold the ones that will go up.

Since none of us are psychic, we more realistically have three imperfect options:

1) Hold everything: If you can afford it, this *may* be the winning strategy. Unfortunately, most miners can't afford to hold every coin they sell, and if they do they probably will still somehow miss time their sell on the 1:100 that does astonishingly well.

2) Sell everything: When you have mined a coin and see profit that you're happy with, sell. This strategy yields the most consistent profits, but also means you miss out on the big winners.

3) A hybrid of #1 and #2: According to your individual risk tolerance and budget, sell enough of your mined coins on a regular basis to achieve the level of consistent profit you want/need. Hold on to some portion, whether that's 5%, 15%, 50% according to your risk tolerance/budget in case a coin later goes up dramatically.

Personally, I try to separate my mining of coins from trading of them. I've personally sold several huge winners way too early (BC, VRC, CINNI, and others). If you can afford to hold every coin you mine forever to see if it turns into a big winner, that may be a reasonably sound strategy as I described in #1 above. Since most miners can't afford to hold every coin for long periods, #3 is more likely to yield the most consistent results while still leaving room for extraordinary profits on a few coins that do well long-term.

Thankyou for your feedback, I appreciate your time.
I am goin with option 3 but with more emphasis on option 2
I am placing my faith in your coin selection and will leave my miners on your MP (3333). Then in several months maybe a year I will hopefully hold enough coins to make my money back plus extra!
Good thing is I can afford (just) to not withdraw my money from mining and currently doing very well trading coins separately.

Thanks again mate, glad you are an active member here.

[Stinky_Pete]

I'm a hobbyist and don't have a large collection of miners. I tried method (1) for a period of over 6 months which happened to cover much of the lifespan of DOGE and all those PoS cut-and-paste coins. In the end I was spending so much time on wallet maintenance and coins that turned out to be scams that it stopped being fun, and the amounts involved for each coin were so small that it wasn't worth the bother.

Now I stick mainly with (2) using ipoMiner, and hold a few coins with innovative features to keep the interest/fun aspect. Much better. Thanks for a great site.

[cecilbdemented]

SCAM ALERT!

The percentage of the XURO premine reported by the dev is the percentage of all POW and POS coins.  His premine is actually roughly 6% of the total number of POW coins.  I doubt this coin is getting added to any reputable exchange.

EDIT: I forgot to factor in POS starting during the POW phase.  The premine will more likely be closer to 7% of total coins at the end of POW.  Plus take into account the fact that all of those coins will start staking even before POW finishes.  Dev is not denying this claiming this massive premine is necessary for development because it is a "long term coin."     He has updated the OP to state that premine is 0.8% of TOTAL coins.  Guy is delusional.

[not.you]

SCAM ALERT!

The percentage of the XURO premine reported by the dev is the percentage of all POW and POS coins.  His premine is actually roughly 6% of the total number of POW coins.  I doubt this coin is getting added to any reputable exchange.

Can we go back to DRK please?

[grendel25]

Horrible putting "profitable" in the Subject line so that I can't press the 'print' button and word search "profitable" to see discussion on how profitable this may or may NOT be.  But from what I can see, people saying .0003???   per mh per day is pretty normal to what we see in whatmine or whathaveyou.  The quality of the mining community continues to erode.

But I can word search for .0000  and get the info I need.  Sad face

[forzendiablo]

XURO sucks imo

[Xuro]

XURO sucks imo

Sorry to hear that you don't like Xuro, if you would like to message us your problems or issues then go for it! The pre mine saga was a big misunderstanding by US as we all assumed that's 0.08% Total which was stated from the start was understandable. Not everyone understood but no one said anything till now.

We are trying to rectify the issue so Xuro can grow and are looking for input from everyone.