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Author Topic: mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor  (Read 294327 times)
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mmpool
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April 06, 2014, 04:13:49 AM
 #1

Note 2016-07-14: The pool continues to mine bitcoins but merge mining is temporarily disabled. No alt coins are currently being mined. Due to issues with the upgrade to recent bitcoin daemons and out of date alt coin code the pool needs some code changes before it can be re-enabled. This work is currently underway.

mmpool.org allows you to merge mine for a number of different bitcoin-derived virtual currencies. The pool provides the Pay Per Share (PPS) method for the alternate merge mined coins and the Double Geometric Method at a 1.5% fee for the bitcoin portion of the reward. Transaction fees in mined blocks are awarded to the miner that found the block. A portion of the DGM reward is paid out as PPS to provide a regular BTC income during long blocks.

  • Stratum protocol for mining mmpool.org:3333
  • DGM reward method
  • All transaction fees paid to miner that finds the block
  • No withdrawal fees
  • 1.5% fee for bitcoin rewards
  • Variable difficulty mining with automatic adjustment
  • Temporarily disabled: Merge mining with Namecoin, Ixcoin, Devcoin, I0coin, Groupcoin, Unobtanium and Syscoin 2.0
  • Simple registration. Just provide your coin payout addresses for the coins you want to receive.
  • Access via TOR using hidden service phkttm64gbquasaq.onion
  • Hashrate and block found monitoring available by the excellent bitmonitor service.

The pool broadcasts updates via bitmessage on address BM-NBs7aHtbw6x7beefygEC4Cv6Rsp2dZni and receives support requests on that same address. Email is actioned at admin@mmpool.org.

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
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roy7
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April 06, 2014, 04:16:23 AM
 #2

That 47TH looks so much nicer than 9TH in the old thread. Smiley

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TechByPC
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April 06, 2014, 04:32:13 AM
 #3

It is exciting to see changes on this pool. I personally think that DGM is the most fair payment method, and the option to merge mine coins or not should be in the hands of the miner as it is here, not the pool operator to say whether or not a coin has value. I'm looking forward to seeing the increase in interest that this pool deserves.
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April 06, 2014, 05:00:47 AM
 #4

The minimum withdrawal amount for bitcoin has been lowered to 0.005 BTC from 0.01 BTC.

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
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April 06, 2014, 07:49:27 AM
 #5

The minimum withdrawal amount for bitcoin has been lowered to 0.005 BTC from 0.01 BTC.
Nice!! Grin

Loving MMpool.org. Really has been one of my favorite BTC Pools for a long time
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April 06, 2014, 10:35:39 AM
 #6

The pool is now running a tor hidden service on phkttm64gbquasaq.onion. You can access the website through that to view stats and use your miner through tor to mine. Something like the following works for me:

Code:
$ usewithtor ./cgminer -o stratum+tcp://phkttm64gbquasaq.onion:3333 -u myusername -p d=16

This is experimental and I'll adjust based on feedback.

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
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April 06, 2014, 11:45:48 AM
 #7

cool, glad to see the site growing.

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April 06, 2014, 10:10:15 PM
 #8

Put a clickable link into the OP Wink

"The centralization measure is the cost of the option to create a new full node" - Measuring Decentralization
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mmpool
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April 06, 2014, 11:39:39 PM
 #9

Put a clickable link into the OP Wink
Thanks, I don't know how I missed doing that!

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
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April 07, 2014, 05:51:36 AM
 #10

I love this pool, I just wish it had more users. I kind of want to promote it.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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April 07, 2014, 11:19:23 AM
 #11

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something

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April 07, 2014, 11:43:19 AM
 #12

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something

Where would the coin come from for the referral? The pool is already running a deficit.

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April 07, 2014, 11:48:57 AM
 #13

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something

Where would the coin come from for the referral? The pool is already running a deficit.



It is?

Anyway, I think the pool sells itself. If they were to hire me to get more people to use it, I'd be advertising it all over the place. I think the reason a lot of people don't use it is because they don't know about it.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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April 07, 2014, 12:23:54 PM
 #14

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something


Who would use a pool with 6.5% fee?  No one...

I suppose you could get 5% of the 1.5% fee the pool charges, but seriously, how much money we talking?

I've been promoting this pool for over 2 years... are you saying I should be earning something for that?  If so, I'm cool with that, heh.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

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Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

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Wolf0
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April 07, 2014, 12:33:51 PM
 #15

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something


Who would use a pool with 6.5% fee?  No one...

I suppose you could get 5% of the 1.5% fee the pool charges, but seriously, how much money we talking?

I've been promoting this pool for over 2 years... are you saying I should be earning something for that?  If so, I'm cool with that, heh.

You really think no one would use a pool with a 6.5% fee? I can't describe how funny that is. Check out the PPS fee on BTC Guild and come back.

EDIT: Well, I have egg on my face. They used to have a 7.5% PPS fee...

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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April 07, 2014, 12:37:47 PM
 #16

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something


Who would use a pool with 6.5% fee?  No one...

I suppose you could get 5% of the 1.5% fee the pool charges, but seriously, how much money we talking?

I've been promoting this pool for over 2 years... are you saying I should be earning something for that?  If so, I'm cool with that, heh.

You really think no one would use a pool with a 6.5% fee? I can't describe how funny that is. Check out the PPS fee on BTC Guild and come back.
BTCguild abolished PPS due to the great risk it posed. A large fee is appropriate.

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ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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April 07, 2014, 12:38:27 PM
 #17

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something


Who would use a pool with 6.5% fee?  No one...

I suppose you could get 5% of the 1.5% fee the pool charges, but seriously, how much money we talking?

I've been promoting this pool for over 2 years... are you saying I should be earning something for that?  If so, I'm cool with that, heh.

You really think no one would use a pool with a 6.5% fee? I can't describe how funny that is. Check out the PPS fee on BTC Guild and come back.

Doesn't that pay out orphans as well?  Doesn't that even the math out?

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

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mmpool
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April 07, 2014, 12:46:30 PM
 #18

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something
I've considered this and I still may but I'm not sure referrals would work. The approach I had been considering was having share submissions of all referred customers count towards some tiered fee discounting or bonus. It's difficult finding some system that won't incentivize the wrong thing or result in users spamming every forum everywhere with referral URL's. Referrals did seem to work for Vircurex though. They also worked in the online poker industry. Maybe some ideas from the way they did 'rake back' are possible.

mmpool.org - BTC Pool - DGM - pays tx fees/vardiff/merge mining/tor
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April 07, 2014, 01:17:35 PM
 #19

mmpool, you could implement a referall system. So if you refer someone you get 5% of their earnings or 1 of every 1000 shares or something


Who would use a pool with 6.5% fee?  No one...

I suppose you could get 5% of the 1.5% fee the pool charges, but seriously, how much money we talking?

I've been promoting this pool for over 2 years... are you saying I should be earning something for that?  If so, I'm cool with that, heh.

You really think no one would use a pool with a 6.5% fee? I can't describe how funny that is. Check out the PPS fee on BTC Guild and come back.
BTCguild abolished PPS due to the great risk it posed. A large fee is appropriate.

I know of at least one pool that does 2% PPS. 4% PPS is still reasonable. 7.5% is just stupid.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
TechByPC
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April 07, 2014, 01:40:53 PM
 #20

I think the only thing left that this pool needs to sell itself is to get out of this luck funk.

EclipseMC does PPS at 5%. From what I can tell the pools that have lower percentages are doing some kind of hybrid where they don't intend to actually pay out PPS until they solve a block, which kind of defeats the purpose.
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