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

[SupercellKid]

You guys rock! Thanks for publishing Direct Mining Ports. Cant wait to see more

[Nthused]

Great momentum happening, I see good things happening for ipominer.com & it's users.

[mdtspain]

What happened to all the WATER unconfirmed balance....all gone, and the round shares not paid...so no reward for the mining @ the MULTIPORT, only if you where on the direct port?

[RentaMouse]

From what ipominer said before when all the WATER problems were happening, the blockchain kept forking and transactions not being confirmed, even after they put all the hashpower of the multiport on it. So the chain the multiport mined on must have become orphaned and all the rewards lost.

It was a gamble mining after the WATER block 7000 issue, didnt pay off this time. The multiport didnt stay on it for very long though so you wont have lost much - may have looked like a lot of coins but the error meant that WATER block rewards went from 1k to 450k roughly, so it got massively devalued.

Same for mining on the direct port or the multiport, its just if you were mining on the direct port before the forking you would have received some coins from that.

[jaft16]

I impressed with this pool
So many miners on atm and this isracoin is going up and fast.
The question is how long to hold it for? Anyone!

[nightengale]

Just a PSA, ISR market appears to be heating up.

[jaft16]

Just a PSA, ISR market appears to be heating up.

Sorry Im new to this whats PSA

[precrime3]

Just a PSA, ISR market appears to be heating up.

Sorry Im new to this whats PSA

Public Service Announcement

Does ISR have a future or just a p&d?
Not interested in p&d.

[ipominer]

@mdtspain The multiport was on WATER for less than an hour, and all blocks found on WATER during that time were orphaned, unfortunately. Coins are called unconfirmed when the blocks haven't matured yet, and can still become orphaned - which is what happened in this case.

@RentaMouse Great reply! One correction: The bet did pay off for some miners that were on the direct port after we switched.. I personally put around 45MH on it for 8 hours at that point, which turned into ~0.33 btc even dumping it at 3 satoshis. Unfortunately later in the day we just started getting 100% orphaned blocks because of the condition of the network.

[ipominer]

@precrime3 Unfortunately, very few scrypt coins will actually have a future.. we mine what is profitable for the short term, which ISR seems to be. Trying to guess which scrypt coin will be around and at higher prices in 6 months than it is today with any certainty would leave you with *maybe* one coin -- Litecoin. Even then, it could easily fall -- just look at Bitcoin's value.

[precrime3]

@precrime3 Unfortunately, very few scrypt coins will actually have a future.. we mine what is profitable for the short term, which ISR seems to be. Trying to guess which scrypt coin will be around and at higher prices in 6 months than it is today with any certainty would leave you with *maybe* one coin -- Litecoin. Even then, it could easily fall -- just look at Bitcoin's value.

Ahh okay. Have you considered alternative algos such as x11 or scrypt-n (seem to be promsiing)? Or you sticking to scrypt?

[ipominer]

Yes, we'll be adding alternative algorithms soon - starting with scrypt-n. Equally though, you can say the same thing about any coin on any algorithm. There will likely only be a handful of long-term success stories per algorithm.

[jparsley]

I will try mining here

[ipominer]

Great jparsley Welcome aboard!

[jaft16]

Would you consider the X11 algo as well in the future.
 

[ipominer]

@jaft16 Yes, we'll add other algorithms in the future, including X11.

[dotvibe]

I'm very new to this, and have tried my hand at mining with IPO for the past week or so. Thanks for the service, so for the experience has been great. I guess the big question is, what happens when the scrypt ASICS hit in 2-3 months? Do we sell our rigs? Just swap over to scrypt-n? Will it still be worth mining these IPO coins?

[ipominer]

Mining newer coins will always provide an advantage in terms of profitability. As larger 200MH+ scrypt ASICs come onto the scene, GPU miners will likely have to shift to other algorithms. Personally, I have two GPU rigs currently and am not planning on selling them anytime soon.

[Reese212]

Very nice mining pool, thanks for your great work ipominer!

There's one question I'd like to ask: is it possible to change the "Exchange rate"-section on your Website?
For Piggycoin it Shows that the current Exchange rate is 9 Satoshi. But that's not really correct, I checked the Exchange an there is a sell-order for 9 Satoshis, but the highest buy-order for piggycoin is 5 or 6 Satoshis (depending on Exchange). So in order to provide an accurate profitability on your Website I think it would be better to Show us the best BUY-orders, not the best SELL-orders.

For Karpelescoin it works, your Website Shows the best buy-orders to me.

For LOVEcoin it seems to be different, it Looks like showing an average of buy-and sell-orders.


Am I doing it completely wrong :-) ? Sorry for complaining, sometimes I'm confused, I'd appreciate if you could explain it to me.


Thank you!

[adaseb]

Hey are the ISRA confirmations stuck at block 25137, it says only 120 block confirmation times but many of the newer blocks are still unconfirmed