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Author Topic: [ANN][POOL][AUTO-SWITCH] Profit-Switch Auto-Exchange Pool: www.ProfitHash.com  (Read 817 times)
sk00t3r
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May 29, 2014, 03:41:11 AM
 #1


_______________________________________________________________________________ ______________________________________


stratum+tcp://stratum.profithash.com:3333


Over 80MH/s per worker:
stratum+tcp://east1.profithash.com:3333

_______________________________________________________________________________ ______________________________________


About

Profithash is an auto-switching cryptocurrency mining pool. Our focus is on maximum profitability by utilizing market trending profitability metrics to determine when switching should occur before it becomes the most profitable coin. We then convert the alt coins to bitcoin for the maximum trade value possible. Our algorithm takes the pools hashrate to compare the estimated solve time per block against the current profitable coins. This allows us to prevent a large amount of rejected shares ensuring that the pool is operating at maximum efficiency.

Features

Profithash was developed with profit as the number one priority. We also developed Profithash out of a need. Below is a list of features that we felt are currently sub-par in the mining pool market that should be required for a stable, secure cryptocurrency pool:

Enhanced DDOS protections
   Two-Factor authentication
   Worker and account alerts
   A new payout method (PPLMS)*
   Elaborate switching algorithms to determine highest profitability
   Detailed account and pool statistics
   Miner fees and orphaned blocks paid to the users
   3% base pool fee (2% effective with miner fees paid to the user)
   Incentive program based on hashrate, referral, and loyalty
   Account and pool API system

*(PPLMS) Pay per last M (minutes) of shares. This new method is intended to encourage loyal miners and make distribution fair. Our team has meticulously reviewed the pitfalls of other sites and their unintelligent trading/switching methods. We collect data and generate trends in profitability, volatility, hashrate, difficulty, maturation time, and many other factors to optimize the exact time we execute these functions.

We are constantly working toward optimizing the switching algorithm, as well as enhancing and building new features.

Fees

Your first two weeks of mining are FREE.

Our base fee is 3% with miner fees, and orphans being paid out to the user. This averages out to a 2% base fee with the ability to go to 1.5% with referrals, high hash-rate, and loyalty. Your referral discount is based on the total hashrate of the users you have referred.

BETA

By registering you are joining our beta site. Our team is constantly monitoring the site for issues and listening to users on ways to improve profits. We will also be updating the users on issues, improvements, and maintenance.

Share your opinions and ideas with our team!

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May 29, 2014, 11:19:43 AM
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I absolutely love this pool.

I've been using them for a little over a week now and have had great returns.  The devs are all super involved, and they're open to working with their users pretty frequently.  They've already responded to a couple requests of mine in less than 48 hours.

+1 for profithash!
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June 28, 2014, 05:45:59 AM
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Well, last few days I've had big issues with them. My balance hasn't moved at all. The unexchanged/immature changes, then just drops to 0 with my balance staying the same. No updates from the owners since the 8th. Not looking good.
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