[ANN] LeaseRig.net Rent & Hire Scrypt(Jane/Nfactor)/SHA3/SHA256/X11 HashPower!

[grippy54]

What's this?

"Provider is using automated-refunds and cancellations."

Do any renters actually care about that? If they SHOULD care, how would they even know what it is? Did we tell them what it means or why it's better for them? I know it was a big feature enhancement for the provider interface, but I can't see how it's a selling point to the renter.

Also, why does it warrant a star? Does using this feature make the provider better in some way?

[grippy54]

Can I add some more feedback on the new UI enhancements?

"Caution: Rig operating under declared speed!"

Does this provide a better experience to the renters? I suggest that it does the opposite. Rather than just telling them what speed the rig is hashing at, we're telling them...

1. that the rig owner thinks it can operate at speed X
2. the rig is currently operating at speed Y
3. the rig is not currently operating at the speed the rig operator thinks it should
4. possibly, something is wrong and you should be afraid

So we tell the renter 4 things about the speed, when all they really care about is how fast it goes. That's 1 thing, and without the fear. Why are we making them do all this mental processing and scaring them away from the product we're trying to sell them? That is a bad experience, brothers and sisters.

They want to know 1 thing, the speed of the rig. Tell them that 1 thing. That can be current speed, 24 hour average (adjusted for algo switches), or whatever... but it's 1 thing. And please... NO FEAR.

[snipsnoop]

Using anything other than the immediate hash-rate would cause the clients pools to weigh in on the current speed.  Every test shows that immediate hash-rate causes the least false positives and the most accurate results.  As for +/- 5% it sounds like a lot of providers rate their rigs at -1% to -5% in order to deliver the promised hash-rate even on slow pools.  Keep posting, we'll follow the feedback and see where it leads.

Is this your goal - that everyone rates his rig lower than it can actually deliver? Every provider who rates his rig lower than it actually performs abstains from possible profit. Your current rating system puts even more pressure on the providers as it has an effective influence on leases. From my point of view a strict no-go if you stick to your comment that you want to interfere with rentals as less as possible.

As I posted earlier - trash the current rating system and implement a feedback system for customers on the leaserig website.

May I also add, that the rig is "underperforming" means nothing, since there is variance, and it should be more fair if it was "rig is underperforming right now but was above expected for the last 72 hours".

Yeah, we all know that it means more or less nothing but the warning message is really disturbing, especially when most of the rigs have a clean 24-hour history hashing above the declared speed. And - btw - I hate being "blamed" to underperform just because my hashrate is fluctuating withing normal limits.

Exactly. As others have said, I have put a slight buffer in since day 1 so it always performs slightly better than rated speed.
That does not mean that the hashrate is 100% solid on all pools. And it does not mean that it wont swing below rated speed at times. What it will however always do is perform better averaged out over any lease than the rated speed.
So please consider doing avg over the last 5 min. Anything else is quite frankly false reporting and fear mongering.

Dont get me wrong, I have seen a fair few rigs perform at a much lower rate than rated speed. These should be named and shamed, but this way does need slight adjustments to make it perfect.

[miaviator]

I just noticed, there's no option to add pool directly from preconfigured pools in owners rig pool management page like it was in the good ol days

When were these good ol days?  There is no option in the code now or in the past that I can find?

[miaviator]

Using anything other than the immediate hash-rate would cause the clients pools to weigh in on the current speed.  Every test shows that immediate hash-rate causes the least false positives and the most accurate results.  As for +/- 5% it sounds like a lot of providers rate their rigs at -1% to -5% in order to deliver the promised hash-rate even on slow pools.  Keep posting, we'll follow the feedback and see where it leads.

Is this your goal - that everyone rates his rig lower than it can actually deliver? Every provider who rates his rig lower than it actually performs abstains from possible profit. Your current rating system puts even more pressure on the providers as it has an effective influence on leases. From my point of view a strict no-go if you stick to your comment that you want to interfere with rentals as less as possible.

As I posted earlier - trash the current rating system and implement a feedback system for customers on the leaserig website.

May I also add, that the rig is "underperforming" means nothing, since there is variance, and it should be more fair if it was "rig is underperforming right now but was above expected for the last 72 hours".

The new update is closer to right now.   I believe it will be something like "rig is operating under declared speed right now, please refresh the page or check the 24 hour graph for more details"

[miaviator]

LRP for SHA256 is not very accurate. I am not sure how LRP performs with scrypt as my scrypt machines all use the direct api access. But with sha it is a bit of a mess.

My sha rigs on LRP average over 1TH (my stated speed) but it can vary sometimes for a short period down to 900 and up to 1200. I think a little leeway for the LRP rigs would be helpful.

Are you using the "S" flag in LRP?

[miaviator]

What does everyone think about not letting rehires to happen for x amount of minutes?

I'm getting more people renting my rigs for 1 hour and instantly rehiring it for additional hours at a lower rate. I like the discount incentive to rehire, but not when it's used just to lower my rates...

That needs to go in the development queue.  Rehires should only be valid for the original rental term?

[Gamer67]

LRP for SHA256 is not very accurate. I am not sure how LRP performs with scrypt as my scrypt machines all use the direct api access. But with sha it is a bit of a mess.

My sha rigs on LRP average over 1TH (my stated speed) but it can vary sometimes for a short period down to 900 and up to 1200. I think a little leeway for the LRP rigs would be helpful.

Are you using the "S" flag in LRP?

Yes.

[suchmoon]

What's this?

"Provider is using automated-refunds and cancellations."

Do any renters actually care about that? If they SHOULD care, how would they even know what it is? Did we tell them what it means or why it's better for them? I know it was a big feature enhancement for the provider interface, but I can't see how it's a selling point to the renter.

Also, why does it warrant a star? Does using this feature make the provider better in some way?

I can't see how it's possibly better for the renter. I mentioned a couple of pages back in this thread how a simple network issue - that in the old system would have been resolved by adding an hour - ended up cancelling all my leases including ones where renters had locked in low rates. LeaseRig already controls the payments, it can easily pause the payouts until rigs are back online. The if the provider decides to extend the time it can pay extra (up to the full amount). Why does it need to cancel after half hour of downtime is not really clear to me.

There are other problems with cancellation - it doesn't clean up renter's pools. I think that was reported way back by someone else too. You'll keep mining to renter's pools without getting paid.

All this makes me seriously concerned about the lack of QA and proper release schedule. It would benefit everyone if new features would be announced and put out for public feedback in advance. Frontend/GUI changes that don't affect mining could be open for public testing before releasing to production. I understand that ultimately this is not a democracy but some transparency can go a long way towards everyone's satisfaction and profits.

[miaviator]

We're fixing the mass lease extension code.

Adding a filter for payment types (Doge/LTC)

?

[snipsnoop]

What does everyone think about not letting rehires to happen for x amount of minutes?

I'm getting more people renting my rigs for 1 hour and instantly rehiring it for additional hours at a lower rate. I like the discount incentive to rehire, but not when it's used just to lower my rates...

That needs to go in the development queue.  Rehires should only be valid for the original rental term?

Maybe an tick option under each renting plan.. Allow rehire

[mpdas108]

Can I add some more feedback on the new UI enhancements?

"Caution: Rig operating under declared speed!"

Does this provide a better experience to the renters? I suggest that it does the opposite. Rather than just telling them what speed the rig is hashing at, we're telling them...

1. that the rig owner thinks it can operate at speed X
2. the rig is currently operating at speed Y
3. the rig is not currently operating at the speed the rig operator thinks it should
4. possibly, something is wrong and you should be afraid

So we tell the renter 4 things about the speed, when all they really care about is how fast it goes. That's 1 thing, and without the fear. Why are we making them do all this mental processing and scaring them away from the product we're trying to sell them? That is a bad experience, brothers and sisters.

They want to know 1 thing, the speed of the rig. Tell them that 1 thing. That can be current speed, 24 hour average (adjusted for algo switches), or whatever... but it's 1 thing. And please... NO FEAR.

+1

To those who say "just under report it, like I have done from the beginning!" ... blah.

Actually I have one rig that reports on LeaseRig a range from around 1.96 - 2.44 ( stable 2.18 in sgminer ), but averages at 2.18, if I put 1.96 to be free of the "yellow mark of death" then I will be loosing lots of profit.... no thanks..

What's this?

"Provider is using automated-refunds and cancellations."

Do any renters actually care about that? If they SHOULD care, how would they even know what it is? Did we tell them what it means or why it's better for them? I know it was a big feature enhancement for the provider interface, but I can't see how it's a selling point to the renter.

Also, why does it warrant a star? Does using this feature make the provider better in some way?

+1

Yes how does this arbitrarily earn one a star.. that person could offer shitty service, but just because they have opted into your local payments system, then they are somehow better.. I think automation is a draw back from being able to personally interact with the customer and provide one on one support to fill their needs..

What if a simple fixable problem causes your "automated" system to cancel a lease, forcing the person to hire a different rig at a possibly higher price.. so how is that beneficial to the renter, over personal interaction..

[mpdas108]

I just noticed the pop-up has been removed! A big thank you. 

[Puycheval]

What does everyone think about not letting rehires to happen for x amount of minutes?

I'm getting more people renting my rigs for 1 hour and instantly rehiring it for additional hours at a lower rate. I like the discount incentive to rehire, but not when it's used just to lower my rates...

That needs to go in the development queue.  Rehires should only be valid for the original rental term?

Only valid for renting plans shorter than the first one ?

[jytou]

So please consider doing avg over the last 5 min. Anything else is quite frankly false reporting and fear mongering.

I agree about most posts on this subject, and this proposition (avg over the last 5 min) is the best I can think of.

Sure we want to point out the rigs that clearly underperform, but the current indicator is not better than a random flag!
Immediate speed is false since mining speed always fluctuates around a certain value, and we certainly don't want to advertise the low value of the range (for instance my rig is between 4.4 and 4.8, and the 20 minutes average is always around 4.68-4.7 so I advertise 4.6 even though I could advertise a little more, and I would definitely not want to advertise 4.4, that would be a 5% flat loss!).
So it has to be some average of the past. 5 minutes seems fair to me (10 might work as well - I believe we will actually see what is working best with some trial and error), but average on a longer period is not a good thing since the rig might have gone through fluctuating hash rates over the last day (by changing the rig for instance or even switching from one algo to another - scrypt vs X11 is a x3 factor).

[mpdas108]

All I have to say is.. what the hell... please fix this broken system. 

[zneww]

^^ lol i feel that pain

[snipsnoop]

Welcome to my world :

[hutnik]

I just noticed, there's no option to add pool directly from preconfigured pools in owners rig pool management page like it was in the good ol days

When were these good ol days?  There is no option in the code now or in the past that I can find?

Before you bought the service I'm not saying now are bad days, just a metaphor.
I think it was there, but I may be wrong.

[miaviator]

I just noticed, there's no option to add pool directly from preconfigured pools in owners rig pool management page like it was in the good ol days

When were these good ol days?  There is no option in the code now or in the past that I can find?

Before you bought the service I'm not saying now are bad days, just a metaphor.
I think it was there, but I may be wrong.

You are wrong