[CLOSED] Watch the thread for finaly payout info "Project #2"

[John (John K.)]

Any updates lately? 

+1?

The new server is close to being done. This is key before we can make payouts. We still have the old data. I do not have an ETA on when this will be done. I do not have an official word from bitvps.

You know all I know:)

Just my daily update bump, thanks for the update. 

[imsaguy]

Any updates lately? 

+1?

The new server is close to being done. This is key before we can make payouts. We still have the old data. I do not have an ETA on when this will be done. I do not have an official word from bitvps.

You know all I know:)

How much data loss was there?

[imsaguy]

Any updates lately?  

+1?

The new server is close to being done. This is key before we can make payouts. We still have the old data. I do not have an ETA on when this will be done. I do not have an official word from bitvps.

You know all I know:)

How much data loss was there?

Ask your bff rg. He knows better than I do.

Why would he tell me?  My name isn't on the account. 

I asked because you said you had the old data, but obviously it probably doesn't have every last share.  I was just curious as to how much it had.

[John (John K.)]

We will have one day this weekend where we pay out 102% plus 138 BTC plus whatever RG is going to add.

Then we will close up shop as we have other projects to do. It has been told to me that this is the most fair way to do it.

I will post more information in the thread as soon as I know it.


Thank you.

You mean the repayments for the people waiting for the payouts? So how would you determine who has what balance, or you got the data back from RG? I personally have 0.60~ on the unpaid waiting list before everything folded.

Thanks for the update.

[imsaguy]

Since people like imsaguy is not happy with us paying out based on historical averages

I think it was you, but it might have been someone else that said gpumax was down so your loads were higher than normal.  I'm not trying to be a jerk, I just think it shorts everyone.

[John (John K.)]

The unofficial word is that RG will not be able to give us any data.

Since people like imsaguy is not happy with us paying out based on historical averages we will do a one time free for all weekend and just add the extra pay out to that.

Also there is talk about keeping this as a 98% PPS. Any interest in keeping this alive?

Thanks

So do you mean that there will be a day where you're reopening the server and allow us to mine for 102% + 138 btc? That would be incredibly unfair, as people could just take advantage by pointing more hashes at once to your server. Also, that wouldn't cover the losses incurred as even if you pay out 138%(was that mentioned before?) people like me who are owed approx 1 1/2 days of payment would have to mine for a couple of days to recoup the losses previously (36% per day of repayment) unless we bring in extra hashes.

[John (John K.)]

Personally, I would prefer using historical payouts instead. That would make more sense, and fairer to all.

[DeaDTerra]

Personally, I would prefer using historical payouts instead. That would make more sense, and fairer to all.

I agree, I had over 2.6 BTC in unpaid transactions on my account.
//DeaDTerra

[imsaguy]

Personally, I would prefer using historical payouts instead. That would make more sense, and fairer to all.

I agree, I had over 2.6 BTC in unpaid transactions on my account.
//DeaDTerra

I had over 10BTC in unpaid transactions on my account.  Historical averages show I hopped tygrr just like tygrr hopped pools, mainly when gpumax was down, I was on tygrr.  Gpumax was down the couple of days before tygrr went down.  How do you make that fair?

[imsaguy]

Personally, I would prefer using historical payouts instead. That would make more sense, and fairer to all.

I agree too, that is why I came up with the idea. imsaguy had a hissy fit however... We need to make him happy he is a priority clearly.

Don't blame me because you had no backups on your data and were too busy to fund your live wallet.  There were pending transactions that should have went out and didn't because you weren't around. "Travelling" or some such.

[John (John K.)]

Personally, I would prefer using historical payouts instead. That would make more sense, and fairer to all.

I agree too, that is why I came up with the idea. imsaguy had a hissy fit however... We need to make him happy he is a priority clearly.

Would a vote or something be better then? Why does imsaguy wants that alternative instead ? I don't see how it can be fair to anyone as obviously everyone's gonna get shorted, unless you abuse it.

[John (John K.)]

Personally, I would prefer using historical payouts instead. That would make more sense, and fairer to all.

I agree, I had over 2.6 BTC in unpaid transactions on my account.
//DeaDTerra

I had over 10BTC in unpaid transactions on my account.  Historical averages show I hopped tygrr just like tygrr hopped pools, mainly when gpumax was down, I was on tygrr.  Gpumax was down the couple of days before tygrr went down.  How do you make that fair?

The same could be said for the rest of us that did not hop tygrr. Unless we bring in more hashes then our previous amount of hashes, we will be shorted instead.

[beaups]

I think historical averages are fair as long as you just look at each member's % of the total BTC available.  I have to assume most or all of us used this pool as a backup to GPUMAX so we all would have more work for those couple days.

I still don't understand what you mean by free for all 102% to pay out your settlement?  You will generate even more btc from those shares, no??  Or are the coins you have only going to cover the extra 2%?  This is wild.

[dmcurser]

We'll I feel its unfair I had 9.26 btc waiting to be paid out via. The last two pending transactions plus whatever wasn't pending right before the server when down. There is no way I would be able to make that up in your one day free for all.

[John (John K.)]

We'll I feel its unfair I had 9.26 btc waiting to be paid out via. The last two pending transactions plus whatever wasn't pending right before the server when down. There is no way I would be able to make that up in your one day free for all.

I think historical averages are fair as long as you just look at each member's % of the total BTC available.  I have to assume most or all of us used this pool as a backup to GPUMAX so we all would have more work for those couple days.

I still don't understand what you mean by free for all 102% to pay out your settlement?  You will generate even more btc from those shares, no??  Or are the coins you have only going to cover the extra 2%?  This is wild.

Agreed to both, although I'm only owed ~0.6 btc as I've only pointed my ~700mhs desktop here not my entire farm.

[imsaguy]

We'll I feel its unfair I had 9.26 btc waiting to be paid out via. The last two pending transactions plus whatever wasn't pending right before the server when down. There is no way I would be able to make that up in your one day free for all.

I think historical averages are fair as long as you just look at each member's % of the total BTC available.  I have to assume most or all of us used this pool as a backup to GPUMAX so we all would have more work for those couple days.

I still don't understand what you mean by free for all 102% to pay out your settlement?  You will generate even more btc from those shares, no??  Or are the coins you have only going to cover the extra 2%?  This is wild.

Agreed to both, although I'm only owed ~0.6 btc as I've only pointed my ~700mhs desktop here not my entire farm.

I've said all along I'm at 10.x btc.  Your average things pays me 2-3btc, roughly 20-30% of what was due. 

[Cablez]

I am somewhere in the middle.  I had a 4.4BTC pending before things went south. Whichever method can recover closer to that would be ok with me.

Keep us posted Goat.

[beaups]

We'll I feel its unfair I had 9.26 btc waiting to be paid out via. The last two pending transactions plus whatever wasn't pending right before the server when down. There is no way I would be able to make that up in your one day free for all.

I think historical averages are fair as long as you just look at each member's % of the total BTC available.  I have to assume most or all of us used this pool as a backup to GPUMAX so we all would have more work for those couple days.

I still don't understand what you mean by free for all 102% to pay out your settlement?  You will generate even more btc from those shares, no??  Or are the coins you have only going to cover the extra 2%?  This is wild.

Agreed to both, although I'm only owed ~0.6 btc as I've only pointed my ~700mhs desktop here not my entire farm.

I'm no

I've said all along I'm at 10.x btc.  Your average things pays me 2-3btc, roughly 20-30% of what was due. 

I didn't say necessarily pay the average daily rate, but everybody's contribution % as a % of the total BTC he has.  Meaning, if goat has 136 btc available and you typically represented 10% of his payouts you'd get 13.6BTC.  Remember most all of us had higher than usual activity those last couple days so goat should also have more coins than he normally would pay as well.

[beaups]

just to make it clear, the new idea to keep imsaguy happy was to pay out 102% what every one earned plus the 144 or so coins we need to pay out. this will be a bonus. whatever rg sends us will also be a bonus assuming he does do something.

this mean the percent for that day might be something like 150% or 250%, it depends on who shows up and how much cheating happens.

no new accounts will be made but yes, this new system favors hoppers like imsaguy over loyal long term loyal people.

i personally am very much against this new system and really wish i could use my old system but this is not just my operation.

Goat - why don't you just post what a % share based on historical averages would look like?  Maybe we are all bent out of shape over nothing.

[imsaguy]

Tell you what, just pay based on historical average and keep whatever my share would be.

This "because this is what imsaguy wants" is a bunch of crap.

I asked why my btc payouts were pending BEFORE the website went down.  Its not like I made some number up knowing there was no way to verify the claim.  I didn't get my otc rating by lying and cheating.