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February 13, 2012, 07:20:19 AM |
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By down you mean, lower than 117-115% or even lower than 105%?
Anyway, I like that concept of organized pool hopping, it gives people who can't afford the time setting up hopping for themselves the opportunity to do it while hopefully teaching people who don't care a lesson about proportional mining being bad and PPLNS being a better solution...
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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bulanula
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February 13, 2012, 09:58:36 AM |
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We will keep the floor at 105% as long as we can. The rates for higher hashes will be coming down some. 1.5Gwill have to stay at the 105% rate now. We are killing off pools right and left and thus our income is going way down. We can only pay out what we bring in and honestly I have had weeks where I lose money.
Yeah so much for those saying hopping brings in 140% PPS.  |
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bulanula
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February 13, 2012, 10:38:23 AM |
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I do not hop deepbit so what does that leave me with? Lol.
The 140% was when all pools were prop and there were no hoppers.
I will open my books when I end the project and you will see it no were close to 140%.
I'm not kidding at all when I say I have had one week where one server pulled under 100% !!
So are you saying that hopping is now dead / not profitable since everyone is doing it etc. ? |
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localhost
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February 13, 2012, 10:55:37 AM |
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So are you saying that hopping is now dead / not profitable since everyone is doing it etc. ?
Of course if everyone does it it doesn't work anymore.... But that's the point after all. All to PPLNS  (or equivalent, I don't really know much about this "DGM" thing). |
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localhost
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February 15, 2012, 01:50:11 PM |
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What's up with the "pool"? Seems to have been down for a couple of hours now.
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juggalodarkclow
Legendary
 Offline
Activity: 980
Merit: 1000
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February 15, 2012, 04:22:19 PM |
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working fine for me
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localhost
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February 15, 2012, 04:40:00 PM |
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Indeed it's back online now, but that was some long downtime this time.
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EpicBacon
Member
Offline
Activity: 94
Merit: 10
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February 15, 2012, 09:26:14 PM |
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 lol |
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vampire
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February 15, 2012, 10:10:56 PM |
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Web stats are down.
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RaggedMonk
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February 15, 2012, 10:11:00 PM |
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What is the externality? 100% is the most you *should* be earning, so who's pocket are you taking the rest out of?
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Qoheleth
Legendary
Offline
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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February 15, 2012, 10:16:05 PM |
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My miner's reporting "connection refused". Anyone else having such troubles?
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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trouserless
Member
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Activity: 65
Merit: 10
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February 15, 2012, 10:51:23 PM |
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yep...down...had a comical balance like EpicBacon...something like $30K in unpaid BTC before it went offline
Goat is having a bad day...
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jamesg
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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February 16, 2012, 01:40:27 AM |
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Thanks for the update Goat.
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RaggedMonk
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February 16, 2012, 02:27:46 AM |
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So what should someone who's been mining for you do when after they use their mined coins to buy Alpaca Socks law enforcement shows up and tells them that their coins were the marked proceeds from a sting operation related to drugs, arms sales, child porn trade, or that they were bitcoins reported previously stolen and that they have a warrants to seize all their computers to look for evidence?
The word on IRC is that these private services which pay >100% PPS in BTC for mining are doing this because they're attempting to get rid of 'dirty' coins which could potentially be traced in exchange for freshly mined coins. Certainly this is the only thing I've heard that makes any economic sense at all, but if it's true don't the miners have a right to know what role they're playing in this and what risk they're taking?
Have I got it wrong? Can you help me understand what the business is here?
Can those who mine on this pool show us some of the funds they received in block explorer? Are you getting "fresh" coins or old ones? Goat, where is the FAQ that you referred gmaxwell to? You seem like a cool guy, but this pool seems too good to be true. |
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RaggedMonk
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February 16, 2012, 09:15:17 AM |
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Oh, pool hopping. That doesn't bother me. Interesting business.
Seems like your heart is in the right place. Pardon my unfounded suspicions.
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bulanula
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February 17, 2012, 12:01:13 AM |
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update:
I have had no contact from my server guy for about 24 hours. Clearly I have no idea why. He disabled everything and was trying to to fix it last time he talked with me. For right now I will assume something crazy happened like, car accident, drunk in the gutter, arrested for being drunk in the gutter, whole cities internet went off line.. who knows... I will give him a reasonable amount of time to respond and then I will give out his personal information. I know what city he lives in, his name, ways you can find his address, his forum name stuff like that. However we are not to that point. Going off line for 24 hours even in a crisis can have a reasonable explanation.
I have no access to the servers and I have no access to any data on the servers right now. He has no access to the bitcoin so it makes little since for him to do this intentionally. I'm very sorry for the down time and for the locked coins but I will try to have this resolved quickly.
Thank god for that ! The last thing we need is yet another "OMG, I got hacked, they stole all my BTC, now I cannot pay you fools that mined" incident after a1bitcoinpool, btcserv, ozcoin etc. ... |
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localhost
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February 17, 2012, 07:21:08 AM |
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i have the bitcoin, i just dont know who i need to give it to. I had a pending request, if you did receive all of them by e-mail I guess you should have it on file somewhere... Unless the e-mail system got broken too. |
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Bigpiggy01
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February 17, 2012, 09:15:32 AM |
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Hi Goat,
Thanks for being upfront about this. There are a lot of people around who could learn a lot from that.
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bitlane
Internet detective
Sr. Member
Offline
Activity: 462
Merit: 250
I heart thebaron
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February 19, 2012, 05:12:56 AM |
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.....people were making requests for payment when their balance was in the 1000s......
That is fucking SAD.Considering that you did alot of 'management' manually, yourself.... (payments etc) hopefully you can find out which of your users PURPOSELY tried to screw you, or take advantage of an already bad situation.....and in finding who made these withdrawal requests, THEY SHOULD GET NOTHING, since they tried to fuck you over and couldn't. There are far more Users who are scammers than services in this community and that is obvious at times like this. I am almost starting to think that this community screams 'SCAMMER' every time a new service/product/opportunity comes out due to their own guilty consciences and nothing more. |
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