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Author Topic: [ Bonus PPS Pool - 130% PPS - OPEN ]  (Read 93957 times)
Clipse (OP)
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July 04, 2012, 01:09:29 PM
 #1221

INACTIVE ACCOUNTS:

I will be putting up a notice on the warning flag regarding inactive accounts.

If you havnt mined on your account for 7days(full double payment cycle) there will soon be a display showing your account as inactive and that you must first contact me before continuing mining on the account or risk losing all the shares submitted before contacting me. Ive had various users signup and either mine for a few days or not at all thus making it harder for me to keep track of actual potential max expected hashrates poolwide thus I cant process new signups before filtering through these inactive accounts.

I havnt put this notice up yet but just wanted to let everyone know what the purpose of it is.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 04, 2012, 01:18:04 PM
 #1222

Thanks for the hard work Clipse!

Stales for the last 3 days under .3%  Grin

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July 04, 2012, 01:58:32 PM
 #1223

Yeah stales have been VERY low lately... Good job bud Smiley  Now go smoke a spliff you deserve one Tongue


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Clipse (OP)
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July 04, 2012, 02:15:58 PM
 #1224

Yeah stales have been VERY low lately... Good job bud Smiley  Now go smoke a spliff you deserve one Tongue

Luckily I dont smoke spliffs, I can assure you that the pool would have gone the opposite direction by now. Wink

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
AndrewBUD
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July 04, 2012, 04:14:06 PM
 #1225

Well.. Do whatever you enjoy Tongue edit: or whoever


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Clipse (OP)
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July 04, 2012, 07:52:35 PM
 #1226

NOTICE:

In about 2hrs when I do the payment cycle shares processing the pool may be unresponsive for up to 60minutes so you may be stuck on backup pool for a bit, I will try get it up and running reliably as quickly as possible but there is a few thing on the backend I want to tweak during the time since its the start of a new payment cycle.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
Clipse (OP)
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July 05, 2012, 12:05:17 AM
Last edit: July 05, 2012, 03:32:41 AM by Clipse
 #1227

NOTICE:

In about 2hrs when I do the payment cycle shares processing the pool may be unresponsive for up to 60minutes so you may be stuck on backup pool for a bit, I will try get it up and running reliably as quickly as possible but there is a few thing on the backend I want to tweak during the time since its the start of a new payment cycle.


Fell asleep and just woke up, doing all described there right now, shrug.

EDIT: Taking bit longer than usual to finish, database is really slow due to the mass increase of total shares and not being a very efficient database from the start. Should be done shortly.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 05, 2012, 04:09:40 AM
 #1228

the stats page did not update to the latest correctly status !

but my worker still sending shares !

[Join MMM and get up to 100% per month]
Clipse (OP)
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July 05, 2012, 04:34:36 AM
 #1229

the stats page did not update to the latest correctly status !

but my worker still sending shares !

Hmm.. Please read my post just above yours, backend is logging all shares and you will see that updated soon, its taking longer for me to work through last payment cycle due to database acting terribly slow to work through each account. The shares you see still on the webstats is due to spillage where we counted shares submitted twice and that is part of why I do alot of checking after each payment cycle to catch the doubleshares.

As soon as I resolve the doubleshare counting that display of extra shares while processing old shares wont happen anymore.

Short story, you arnt losing any legit shares, I am just making sure that I dont pay even more than I should.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 05, 2012, 04:54:25 AM
 #1230

Hey Clipse, got my extra solar panels today, so im mining with green power!

kind regards

.,-._|\     Offgrid 1.7kW Solar and 3G wireless internet powering my mining rig.
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Clipse (OP)
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July 05, 2012, 05:55:34 AM
 #1231

Phew finally finish, backlog updated and updater running again.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
AndrewBUD
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July 05, 2012, 12:51:51 PM
 #1232

Good Stuff Smiley


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Clipse (OP)
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July 05, 2012, 06:36:50 PM
 #1233

PAYOUT DELAY AND CHANGES ON SUNDAY:

First of, current due payments will be delayed and paid out along with current payment cycle on Sunday payout. I will be adding an extra 2%(you could call a tax on myself) thus making the current due payments worth 112% PPS as a sorry for having to delay it until Sunday.

Next up a new structure will kick in on Sunday, details below:

Due to a change in earnings I had to restructure my approach on dealing with sales and cut back on my own percentage gains and the changes will be made on Sunday(next coming payment cycle)

This in effect causes that I need to lower the current Bonus PPS rate back down to 105% as I have done a few months ago when I had less business aswell and right now I dont think its definitely not a fair approach to kick out dedicated miners just because I have less value for higher pool hashrates.

That said I do have a counter offer for all miners and would put this to a private vote via PM towards either of the next 2 options.

-

The 2 options:

1. I could offer 110% still but it would mean I would need to hold on to mined coins(earnings) for longer and thus only make payments once every 8days and it would half my current admin work which I could spend on improving the pool. This would also allow me the pool growing steadily.

2. Offer flat 105% and normal payout schedule remains and I would have to freeze new signups for quite some time at current estimates.

-

This change should have happened a couple of weeks ago but I covered the extra rates due to pool having high rejects however now the rejects is really low and I need to take this step to secure Bonus PPS Pool more long term.

The pool stability and lower rejects(<0.5% poolwide) would make both options still much more profitable than other PPS pools so profitability isnt the question here but more the approach to payouts.

Option 1 is clearly the better option for me related to handling payouts and miners view in relation to earnings, but I first want to see what the general consensus on the 2 options would be.

I will continously look to offer better rates again, and initially get the extra rewards program rolling which is much delayed, but as noted from the start when I have to cut back on personal gains then I need to cut back on the Bonus PPS gains aswell.

So if you are a miner on the pool please send me a PM as your vote on this matter, using a public poll would just instigate a ton of poll voting spam from users who doesnt have anything to do with Bonus PPS Pool as we have seen in the past from users in this thread.

I appreciate every single miner enjoying the pool even though I know its still far from perfect and require alot of improvements but I will eventually get it there. Smiley

Thanks for your co-operation

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 05, 2012, 06:54:37 PM
 #1234

Just wondering about the odd number of days in option one.

Why 8 days instead of weekly? Every week the payout day will change under an eight day plan.

If the information would reveal too much much proprietary information, I will understand.
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July 05, 2012, 07:07:26 PM
 #1235

I agree, 7 day rolling period makes more sense.

kind regards

.,-._|\     Offgrid 1.7kW Solar and 3G wireless internet powering my mining rig.
/ .Oz. \
\_,--.x/     [219.5btc of successful trades total] with : rastapool, miernik, flatronw & OneFixt
       o
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July 05, 2012, 07:33:56 PM
 #1236

Just wondering about the odd number of days in option one.

Why 8 days instead of weekly? Every week the payout day will change under an eight day plan.

If the information would reveal too much much proprietary information, I will understand.


Ideally it would have been 10days but I figured that would affect users far too much so I cut it as short as possible to 8days. I clear my own sales usually on a monday and tuesday and its allways been like that so I worked around the previous schedule but now I just cant since it kills off far too many late offers I receive where I either had to sell mined coins or payout portions of the mined coins to miners.

This structure allows me to have access to coins until the last day of my own selling period. The only other way I could structure this would be Tuesday 00:00:00 to Monday 23:59:59 and then paying out by Tuesday night. I guess I could be open for this if the 8day cycle is really no good for people it would just make the switch from this sunday add another middle payment period which I would like to avoid.

...In the land of the stale, the man with one share is king... >> Clipse

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July 06, 2012, 12:15:15 AM
 #1237

Just wondering about the odd number of days in option one.

Why 8 days instead of weekly? Every week the payout day will change under an eight day plan.

If the information would reveal too much much proprietary information, I will understand.


Ideally it would have been 10days but I figured that would affect users far too much so I cut it as short as possible to 8days. I clear my own sales usually on a monday and tuesday and its allways been like that so I worked around the previous schedule but now I just cant since it kills off far too many late offers I receive where I either had to sell mined coins or payout portions of the mined coins to miners.

This structure allows me to have access to coins until the last day of my own selling period. The only other way I could structure this would be Tuesday 00:00:00 to Monday 23:59:59 and then paying out by Tuesday night. I guess I could be open for this if the 8day cycle is really no good for people it would just make the switch from this sunday add another middle payment period which I would like to avoid.

I see, but I dont understand how the 8-day wouldnt be skew in the long run. As to cut down on admin burden, Im fine with a rolling 7-day from Tuesday night. If I understand you correctly you dont want to make an payment both this Sunday and then also on Tuesday. For me its ok to wait until Tuesday for that matter if you want to cut down on work.
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July 06, 2012, 12:33:08 AM
 #1238

Just wondering about the odd number of days in option one.

Why 8 days instead of weekly? Every week the payout day will change under an eight day plan.

If the information would reveal too much much proprietary information, I will understand.


Ideally it would have been 10days but I figured that would affect users far too much so I cut it as short as possible to 8days. I clear my own sales usually on a monday and tuesday and its allways been like that so I worked around the previous schedule but now I just cant since it kills off far too many late offers I receive where I either had to sell mined coins or payout portions of the mined coins to miners.

This structure allows me to have access to coins until the last day of my own selling period. The only other way I could structure this would be Tuesday 00:00:00 to Monday 23:59:59 and then paying out by Tuesday night. I guess I could be open for this if the 8day cycle is really no good for people it would just make the switch from this sunday add another middle payment period which I would like to avoid.

I see, but I dont understand how the 8-day wouldnt be skew in the long run. As to cut down on admin burden, Im fine with a rolling 7-day from Tuesday night. If I understand you correctly you dont want to make an payment both this Sunday and then also on Tuesday. For me its ok to wait until Tuesday for that matter if you want to cut down on work.

Yep, I will update on this by tomorrow(friday) night, I will keep everyone as happy as possible based on feedback. Smiley

...In the land of the stale, the man with one share is king... >> Clipse

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July 06, 2012, 05:15:46 AM
 #1239

option one for me.
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July 06, 2012, 02:35:36 PM
 #1240

option one for me too !

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