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Author Topic: [CLOSING] GHash.IO mining pool official page  (Read 149246 times)
hurricandave
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December 28, 2014, 01:28:31 AM
 #841

Fatman3001, you may have seen this link before,  organofcorti.blogspot.com  , if not, it has a ton of technical analysis of pool data.
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kano
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December 28, 2014, 01:31:31 AM
 #842

...
Maintenance is 0.107$/GHS/month for everyone on cex.io. It is a lot but I can believe it is their actual maintenance costs.

That's odd - how can you get a negative balance if the maintenance is a proportion of income?

OoC,  I've said this before... maffs is hard  Grin

If only more miners knew how to do simple math calculations...
Income is BTC based, maintenance is $ based ... so there's the explanation Smiley

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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Fatman3001
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December 28, 2014, 02:13:31 PM
 #843

WTH happened to block 336322? It popped up 15 times. With payment each time.

"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
Paul Revere
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December 28, 2014, 03:33:46 PM
 #844

WTH happened to block 336322? It popped up 15 times. With payment each time.

I was wondering if that was just me.



Are we going to get paid 15 times? And this was like 10 minutes before I switched the rest of my heaters from Peercoin over here....

Edit to add: I guess the other question is whether Ghash got paid 15 times for that block. Is this the secret to Ghash being able to pay more than most ?? Grin

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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December 29, 2014, 06:34:43 PM
 #845

What about:
1) They don't have the hash rate they advertise.
2) They don't sign all the blocks they solve.
In both cases this would be a fraud or a hack.
High level techs and managers are on holidays.

Some blocks they sign another address https://blockchain.info/ru/address/1AcAj9p6zJn4xLXdvmdiuPCtY7YkBPTAJo and in the pool with them, we do not pay. 19 blocks in four days pocketed. Scam!
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December 30, 2014, 12:06:16 PM
 #846

Is it me or the multipool stopped paying out?  0 for everything found...

Put something in my tip jar if I made your day. Smiley
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December 30, 2014, 11:10:03 PM
 #847

Is it me or the multipool stopped paying out?  0 for everything found...

How many confirmations do the blocks have? Yeah, the multipool doesn't always work properly and the coin selection isn't up to date. Better use another multipool.
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January 02, 2015, 05:58:48 PM
 #848

I'm guessing the Ghash is deleting posts about their cloud failure here also as I don't see a single mention of it in the past 4 days.  many users still affected and very poor compensation strategy.

I have about ~450 ghash and have had no rewards in 75 blocks and counting.

Anyone else?
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January 02, 2015, 09:22:44 PM
 #849

same thing here...
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January 02, 2015, 09:25:10 PM
 #850

I'm guessing the Ghash is deleting posts about their cloud failure here also as I don't see a single mention of it in the past 4 days.  many users still affected and very poor compensation strategy.
This isn't a self moderated topic so they can't be deleting posts.

Developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org, 1% Fee Solo mining at solo.ckpool.org
-ck
Fahlcor
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January 03, 2015, 04:56:43 PM
 #851

I have received my compensation for the 4 days of  lost mining on their cloud service and it has taken my account negative.

2015-01-02 22:12:14   -0.01854718 BTC   -0.00731549   MAINTENANCE   -   Shares 34094080 , Cost: -0.01854718
2015-01-02 22:12:14    0.01123166 BTC   0.01123169    MINING   -   Block #337208, Reward: 0.01123166

After closer examination and moving my hardware miners to another pool I can see that the cloud mining service is no longer profitable on most blocks.  If you happen to hit 2 blocks relatively quickly then you can make a little ground up but otherwise it looks like their maintenance costs are higher than what can be mined using them /ghash on an average.

And now with the cost of the ghashes plummetting it seems like everyone else is dumping them for the same reason.  I was simply using them to top up my acccount and hold my btc there.

Sorry for the troller type post before.  I guess I just needed to come to this realization.

Ghash support has been very good in responding to my ticket and they are looking into my ticket further but I'm sure they will simply say that the maintenance now costs more than the earnings.

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January 04, 2015, 06:40:35 AM
 #852


For the nth time, auto-payout is stuck again as it always has.  It has not worked like it's supposed to.  Is this gonna be resolved at all?

I can't help think that it is just a ruse to force us to do a manual payout and pay the fee.

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January 06, 2015, 05:13:03 PM
 #853

The site is offline for some time, what is going on?

Are you a miner? Maximize your profits! http://smart-miner.com/
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January 08, 2015, 11:48:32 PM
 #854

So like a dumbass I pointed my 400 Mhs scrypt miner (THAT I OWN) to GHASH.IO multipool. For 6 hrs I GOT NO bitcoins conversion. The pool was finding blocks left and right. Both nothing was being credited to my payout account. So I wrote support so they can fix the issue. They admitted that there were tech difficulties with the pool. But everything will be credited to my account in about 4-6 days. FINE! A week later I log into my account and this is what they credited after 6 dang hours of mining scrypt. 0.00008341 So I wrote them this "Where are the rest of my bitcoins from mining that wasn't credited to my account? I only been credited 0.00008341 bitcoins. I should have much more than this after 6 hrs of mining at 400 Mhs. Please check my records and credit my account accordingly..."

This is their reply:

We are happy to answer any queries directly, and we will do our best to explain our platform and any other questions.

We are experiencing a period of high fees for several reasons, these being: the recent downtime, low price of USD/BTC, the high difficulty climbs of late, and bad pool luck for the last 48 hour period. The rewards should improve in the next 48 - 72 hours time.

The recent dip in USD/BTC prices has been affecting all miners and has caused the relative costs of mining for all hardware to rise.
 Below is the answer given as first response for Maintenance fee queries, and explains how the fee is applied, and why there is sometimes higher % of rewards as fees than at other times.

Fees are charged per share submitted for each hosted miner. New purchases of GHS will receive positive rewards after the first 1 - 3 blocks of maintenance charges as your worker catches up with the pools PPLNS system. This is because these blocks were discovered before your miner was assigned, and the pending reward payout triggered the maintenance charge for the active shares.

Each block's rewards are based on Scored ratings for 10 shifts in each round. Each round score is a sum of the score of the 10 shifts previous.

The fee is also summed, and the fee is deducted from your next reward.
 The fee is not limited to 10 shifts, or 1 round, but to the block length.
 As a result, the fees are cumulative for the rounds, and will mean that longer blocks have more fees, because they took more shares to discover.

Our system uses PPLNS to calculate the rewards, and fees for each worker. Each round is calculated for 7500000000 share value. The 10 shifts make a round, and rounds are used to score each worker using PPLNS and give rewards accordingly. You can read more about PPLNS. The last N shares per round are used to create the payouts.
https://bitcointalk.org/index.php?topic=39832

A typical score for 1 shift is x/7500000000
 Your score for the block is: f(x)/75000000000
 Hence your score for each block is based on a total number of shares submitted since the last block, less the fee for that period.
 Here you can check current fee: https://cex.io/maintenance

We are always working to keep our services up to date, competitive, and reliable for all users. See our recent update for reduced maintenance charges for cloud miners.

https://support.cex.io/hc/en-us/articles/203493916
http://blog.cex.io/cex-io-lowers-maintenance-cost/

Let me know if you need more help with this explanation of our fee calculations.


 Best Regards,
 Leonard
 CEX.IO Support


 Angry Angry Angry Angry Angry
jawitech
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January 09, 2015, 12:00:27 AM
 #855

Don't use their miningpool. I mined there for a few days and I'm still missing coins. Mined ANC and got nothing (other coins worked). Support promised to take care but nothing happened.

Additionally there are tons of orphan blocks where you mostly waste your hashes. The coin selection is outdated, they replied they are working on it. There are, at least with the current situation of GHash, way better mining pools.
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January 09, 2015, 12:38:23 AM
 #856

So like a dumbass I pointed my 400 Mhs scrypt miner (THAT I OWN) to GHASH.IO multipool. For 6 hrs I GOT NO bitcoins conversion. The pool was finding blocks left and right. Both nothing was being credited to my payout account. So I wrote support so they can fix the issue. They admitted that there were tech difficulties with the pool. But everything will be credited to my account in about 4-6 days. FINE! A week later I log into my account and this is what they credited after 6 dang hours of mining scrypt. 0.00008341 So I wrote them this "Where are the rest of my bitcoins from mining that wasn't credited to my account? I only been credited 0.00008341 bitcoins. I should have much more than this after 6 hrs of mining at 400 Mhs. Please check my records and credit my account accordingly..."

This is their reply:

... scam scam scam ...
Wait? They have said in that reply - more than once - that maintenance fees factor into the low payout.
But you mine to the pool with your own hardware.

Isn't that scamming you since they say on the maintenance page they only charge fees for cloud mining?

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
Discord support invite at https://kano.is/ Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
Repunza
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January 09, 2015, 12:48:57 AM
 #857

So like a dumbass I pointed my 400 Mhs scrypt miner (THAT I OWN) to GHASH.IO multipool. For 6 hrs I GOT NO bitcoins conversion. The pool was finding blocks left and right. Both nothing was being credited to my payout account. So I wrote support so they can fix the issue. They admitted that there were tech difficulties with the pool. But everything will be credited to my account in about 4-6 days. FINE! A week later I log into my account and this is what they credited after 6 dang hours of mining scrypt. 0.00008341 So I wrote them this "Where are the rest of my bitcoins from mining that wasn't credited to my account? I only been credited 0.00008341 bitcoins. I should have much more than this after 6 hrs of mining at 400 Mhs. Please check my records and credit my account accordingly..."

This is their reply:

... scam scam scam ...
Wait? They have said in that reply - more than once - that maintenance fees factor into the low payout.
But you mine to the pool with your own hardware.

Isn't that scamming you since they say on the maintenance page they only charge fees for cloud mining?

That's the EXACT reply I got... I told them to fuck off and close my damn account. Im done with them....
Fatman3001
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January 09, 2015, 01:10:12 AM
 #858

On the BTC side of things. Do we know that the pool has 42PH? This supposed bad luck makes no sense to me?

On the 4 day charts Antpool which has 42PH as well has 15% of the network. And BTCGuild, which has 15PH has 6%. Ghash.io only has 9% with 42PH. And it has been suspiciously low for a couple of months now.

"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
jawitech
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January 09, 2015, 01:26:43 AM
 #859

So like a dumbass I pointed my 400 Mhs scrypt miner (THAT I OWN) to GHASH.IO multipool. For 6 hrs I GOT NO bitcoins conversion. The pool was finding blocks left and right. Both nothing was being credited to my payout account. So I wrote support so they can fix the issue. They admitted that there were tech difficulties with the pool. But everything will be credited to my account in about 4-6 days. FINE! A week later I log into my account and this is what they credited after 6 dang hours of mining scrypt. 0.00008341 So I wrote them this "Where are the rest of my bitcoins from mining that wasn't credited to my account? I only been credited 0.00008341 bitcoins. I should have much more than this after 6 hrs of mining at 400 Mhs. Please check my records and credit my account accordingly..."

This is their reply:

... scam scam scam ...
Wait? They have said in that reply - more than once - that maintenance fees factor into the low payout.
But you mine to the pool with your own hardware.

Isn't that scamming you since they say on the maintenance page they only charge fees for cloud mining?

For me it sounds as if the service agent just went through his checklist: User complaining about fees, what text to send?

This might be the standard explanation why their cloud mining usually makes you a loss instead of profit. Doesn't have a connection to someone mining at the scrypt multipool with his own hardware.
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January 09, 2015, 08:53:42 AM
 #860

Ghash was my first pool, when I started with a 1 GH/s coupon Smiley It was generating only negative revenues 3 months ago. Pure Bullshit on cloud mining.
and every next try to mine with own hardware or at least using it as backup pook ALWAYS disappointing as they seem to have rented bad luck (check block distribution at blockchain) plus having a strange payout or PPNLS calculation. At the end of the day, you always get less than everywhere else....
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