Bitcoin Forum
June 03, 2020, 03:26:41 AM *
News: Latest Bitcoin Core release: 0.19.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: NovaBlock, The Most Profitable Mining Pool  (Read 1767 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Freemine-001010
Member
**
Offline Offline

Activity: 114
Merit: 42


View Profile
October 24, 2019, 04:38:21 AM
Last edit: October 25, 2019, 12:57:13 AM by frodocooper
 #101

no worries,

looks like we hit 1000+ ph

SO , NOVA....

when can we expect to see some of the basic requests either be installed and announced or put on the hold list ...

also how can i get a detailed rundown on my earnings and the fees withheld, if this is not yet available it would be first on my short list of enhancements.
1591154801
Hero Member
*
Offline Offline

Posts: 1591154801

View Profile Personal Message (Offline)

Ignore
1591154801
Reply with quote  #2

1591154801
Report to moderator
1591154801
Hero Member
*
Offline Offline

Posts: 1591154801

View Profile Personal Message (Offline)

Ignore
1591154801
Reply with quote  #2

1591154801
Report to moderator
1591154801
Hero Member
*
Offline Offline

Posts: 1591154801

View Profile Personal Message (Offline)

Ignore
1591154801
Reply with quote  #2

1591154801
Report to moderator
FAST DICE GAME $500 DAILY CONTEST BEST AUTOBET MODE 30% RAKEBACK FOR VIPS PROVABLY FAIR Play Now Play Now
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1591154801
Hero Member
*
Offline Offline

Posts: 1591154801

View Profile Personal Message (Offline)

Ignore
1591154801
Reply with quote  #2

1591154801
Report to moderator
Steamtyme
Legendary
*
Offline Offline

Activity: 1022
Merit: 1721


Exchange Bitcoin quickly-https://blockchain.com.do


View Profile WWW
October 25, 2019, 03:09:01 AM
 #102

The earnings that show as your reward are just that your daily pps+ payout based on hashrate minus the 2.5% fee. Not sure what else you are looking for, it's not like when a pplns pool finds a block and they break it down as a per block reward

Freemine-001010
Member
**
Offline Offline

Activity: 114
Merit: 42


View Profile
October 25, 2019, 04:41:16 AM
Last edit: October 25, 2019, 07:18:41 AM by Freemine-001010
 #103

i understand that, i just wanted to see the "work" in the payout , ie  hash rate = x - 2.5 fee (x) = reward
or what ever the fee is , as i was told if in on the early under 2000ph you get to keep the 2.5 rate and any others after the
2000ph rate will be 3.5 ,  but i could be wrong . can you confirm .  NOVA ??

Thanks
FM

77.366 TH/s   @ 24hr        =     0.00139401 BTC   @Difficulty: 13,691,480,038,694   Reward (1T*24H): 0.00001875 BTC

just wondering if the above reward is correct, not sure the fee is correctly taken from the payout
NovaBLock.com
Copper Member
Newbie
*
Offline Offline

Activity: 20
Merit: 5


View Profile
October 25, 2019, 11:17:42 PM
Last edit: October 28, 2019, 05:25:11 PM by NovaBLock.com
 #104

Hi Freemine,

If you are early, you get to keep the 2.5% fee rate. Anyone that joins after the 2000 PH mark will be required to pay 3.5% for fees. Of course, if you refer people to our pool, we offer monetary compensation and pool fee decreases, to list a few of the benefits.

The calculation for the rewards are as follows:

Reward = (userhashrate*(Block Reward + Transaction Fee)/(total hashrate)) – Pool Fee

I will confirm that your account is on the 2.5% rate. If anything is wrong we will correct it and pay you whatever the difference was. That is our promise to everyone Smiley.


Edit: Hey, i've confirmed that your account is on the 2.5% rate. If you have any concerns let me know.

Novablock.com, the most profitable mining pool
Try now for 0 pool fees. PM for more information.
Freemine-001010
Member
**
Offline Offline

Activity: 114
Merit: 42


View Profile
October 30, 2019, 12:23:16 AM
 #105

so , nova , can you answer the following

1. when will merged mining go through,

2. do you plan on doing any other merged mining coins other thank name coin  (vchash, or Elastos )

3. when will the requests/improvements to the site begin to be seen
a. worker area refresh.
b. block indicator on graph

4. lastly i would like to ask for a detailed breakdown on the rewards section,

just to show us how the reward was reached. ***Ex    your rewards =  77.36 th @24 hrs = x  fee= 77.36x 0.000018xxx = 0.0000024xx ***

****THE ABOVE IS JUST AN EXAMPLE , I KNOW THAT IS NOT THE CORRECT FORMULA, JUST USING IT AS EXAMPLE ***



Thanks,
FM
Steamtyme
Legendary
*
Offline Offline

Activity: 1022
Merit: 1721


Exchange Bitcoin quickly-https://blockchain.com.do


View Profile WWW
October 30, 2019, 06:05:41 AM
 #106

I have completed my 1 month review of the pool. Here is the review link again for anyone who missed it. I only took into account BTC earning for this review. This is my earnings spreadsheet for anyone to review. My final post in the review has my recommendations to improve the user experience.

Novablock - Thanks for the opportunity to review your pool. I hope you find this was done to your satisfaction.  Please let me know here, my review thread, or via telegram if I left anything out.

Mcdes
Newbie
*
Offline Offline

Activity: 17
Merit: 3


View Profile
November 01, 2019, 10:43:13 PM
Last edit: November 02, 2019, 04:17:54 AM by frodocooper
 #107

have created an account on the basis of your review! and now setting it as my rollover account for now. nice work!
Freemine-001010
Member
**
Offline Offline

Activity: 114
Merit: 42


View Profile
November 02, 2019, 12:07:34 AM
Last edit: November 02, 2019, 04:18:32 AM by frodocooper
 #108

HEY NOVA<  QUESTIONS ABOVE CAN YOU ANSWER THEM<

THANKS
FM

EDIT:

Was thinking you guys should start a discord room, for nova block  real-time messaging community
 
could attract other users
MoparMiningLLC
aka Stryfe
Sr. Member
****
Offline Offline

Activity: 630
Merit: 254


EIN: 82-3893490


View Profile WWW
November 05, 2019, 05:03:55 AM
 #109

they have not responded to anything as of late - wonder if they got temp banned for spamming again?

BTC Miners: 122 TH/s Scrypt Miners: 2.5 GH/s BTC Address: 1MoparCzLLgVhFjLMo9iS4a8qeEMpF3EeJ -- Mine BTC @ kano.is
Offering escrow services https://bitcointalk.org/index.php?topic=5154480 leave me a message on Discord: https://discord.gg/7NaRKtb
Get your own Ballet Wallet here! BalletCrypto.com use coupon code "MoparMiningLLC" for 5% off
Steamtyme
Legendary
*
Offline Offline

Activity: 1022
Merit: 1721


Exchange Bitcoin quickly-https://blockchain.com.do


View Profile WWW
November 05, 2019, 06:26:20 AM
 #110

Hmm, hadn't thought about that. I just assumed they were okay with the review and didn't have anything to follow up with. I did reach out to them on telegram just now to check, and it looks like they are just busy for the time being. Sounds like they were at WCC, and travelling so we'll probably see them in the next couple of days.

NovaBLock.com
Copper Member
Newbie
*
Offline Offline

Activity: 20
Merit: 5


View Profile
November 08, 2019, 04:16:28 PM
Merited by frodocooper (5)
 #111

First of all, hello everyone. We are back from WCC and catching up to our messages, following up with people that we met. Great to meet anyone that attended and hope we can work together in the future.

We got to develop lots of partnerships and relationships while we were at the conference. When we finalize these, we will pass on the savings to you. Smiley

Additionally, we wanted to note that for our referral program, we will be accepting referrals of clients of around 1 PH in size. With the referral bonus, you may choose to have fees reduced or commission paid out. This means you have multiple methods to decrease your fees and increase your profitability.

We have also discussed a PPLNS option that will be available if we can get enough support (500 PH), we are in discussions with mining farms to see if there is interest. We can't promise this feature will be available but know that we have it on our radar. Our PPLNS fee that we implement will be in the 0.5 - 0.8% range if we implement it.

so , nova , can you answer the following

1. when will merged mining go through,

2. do you plan on doing any other merged mining coins other thank name coin  (vchash, or Elastos )

3. when will the requests/improvements to the site begin to be seen
a. worker area refresh.
b. block indicator on graph

4. lastly i would like to ask for a detailed breakdown on the rewards section,

just to show us how the reward was reached. ***Ex    your rewards =  77.36 th @24 hrs = x  fee= 77.36x 0.000018xxx = 0.0000024xx ***

****THE ABOVE IS JUST AN EXAMPLE , I KNOW THAT IS NOT THE CORRECT FORMULA, JUST USING IT AS EXAMPLE ***



Thanks,
FM

Hi Freemine,

1. Merged mining has been active since our post on October 18th, the setup guide is on page 5 of the thread.
2. We will provide support to any merged mining coins that receive enough support. Currently the only popular one that was requested was NMC.
3a. Worker area refresh is already added, I am unsure if you want something live or with a higher refresh rate but we think it is currently good.
3b. We do not see the need for a block indicator because our payout method is not dependent on blocks found. If we open our PPLNS section of the pool, we will add this feature
4. Our calculation method can be found in the image below.

https://imgur.com/a/0ebr4Gc

I have completed my 1 month review of the pool. Here is the review link again for anyone who missed it. I only took into account BTC earning for this review. This is my earnings spreadsheet for anyone to review. My final post in the review has my recommendations to improve the user experience.

Novablock - Thanks for the opportunity to review your pool. I hope you find this was done to your satisfaction.  Please let me know here, my review thread, or via telegram if I left anything out.

Hey Steamtyme,

Thanks for doing this review on our pool, we hope that it was an enjoyable experience. We will take your review into consideration.

To answer your questions in the review:

1) As mentioned above, if a worker name is incorrectly entered I would expect the pool to reject the shares. This will help miners notice an issue, and is a more honest way of doing business.
- I have brought this to the attention to my technical team and will suggest we fix this immediately.

2) When merged mining is implemented, either cash out the coins yourself and provide miners with an equivalent BTC reward. This would be beneficial for those that don't want the hassle of selling these coins. Convenience is key.
- I will discuss internally with the team if this can be added.

3) Implement the example of what your miner should look like somewhere visible on the dashboard. This could be a generic mock setup including the Stratum address, Miner setup, and password.

4) More clarity on what the the transaction portion is in your PPS+ system. Is it set in stone or will it adjust if transaction fees increase? There have been several times in the last few years where the transactions add 10-20% reward for the block finder. It would be nice to know you get a piece of that, should it happen.
- Please see the link here for details on how we calculate the transaction portion of our fee. It is not static and changes. https://imgur.com/a/0ebr4Gc

5) Leave your fee at 2.5%. This will provide you with a great advantage over other pools.
- We plan on having special fees for our Bitcointalk members, so please stay tuned. Keep in mind that the large pools that use a similar payout method (FPPS) generally charge 3% - 4%, this is due to the additional risk that pools take on.

6) My biggest advice would be to offer PPLNS with a lower fee. Your pool is a good size for that and it is a very attractive feature to many miners, especially if you a large enough to reduce variance.
- This is a possibility, we are currently discussing interest with larger farms. If a large farm is interested in it, we will open it up to our smaller users also.

Stay tuned for exciting announcements we will be having in the near future. 

Novablock.com, the most profitable mining pool
Try now for 0 pool fees. PM for more information.
Steamtyme
Legendary
*
Offline Offline

Activity: 1022
Merit: 1721


Exchange Bitcoin quickly-https://blockchain.com.do


View Profile WWW
November 08, 2019, 10:26:37 PM
 #112

Thanks for the answers. I'm glad the review is what you were looking for, and appreciate you clarifying some points. I'll keep an eye on the pool for sure, as it's nice to see the willingness to shift directions to better serve a customer base. Best of luck in continuing to grow and build.

I definitely understand the point about your fees, I know there is a large risk to pools running a PPS+ payout structure, so hopefully there is enough interest from your larger miners to run a PPLNS pool.

Freemine-001010
Member
**
Offline Offline

Activity: 114
Merit: 42


View Profile
December 06, 2019, 02:47:43 AM
Last edit: December 07, 2019, 03:48:07 AM by frodocooper
 #113

Nova please check your pm's  Grin

Hey Nova,

wanted to get a little info on how the mining groups work in regards to worker name, is there a wiki

i have 140 th currently, adding 490 th in the next week, but for the new miners i want them to be on the same account but in the different group , its a new location so i would like to have the mining rewards added up in that different mining group so i can keep things separated as i add and build to my setup.

also what i was talking about with the  "workers tab "  when you click on the workers tab the list of workers will not auto refresh, at the top  "total Hash rate"  that part will auto update,  but the section next to each workers name  "hash rate 15min" should auto refresh at the same rate as the top "total hash rate". i like to keep that list up at the locations and my workers can see each units output , and with the new gear S17 pro's i want to have that list up and not have to keep refreshing it to see each workers 15 min avg hash rate.

i would also like to ask for a "dark mode "  theme option on the home page , basically so the background is dark and the text is light. look at  https://dero.herominers.com/#  the sun/moon button is the dark / light mode

and lastly would you consider having a top #20 Miner accounts , basicly like a leader board ,  and i only say top #20 miners because i dont think i could make a top 10 just yet. here is an example: https://bitminter.com/livestats/big

Thanks
Freemine

examples taken in span of a couple min browser sitting on nova for hours - if i refresh the page is the only way to refresh individual worker stats

MoparMiningLLC
aka Stryfe
Sr. Member
****
Offline Offline

Activity: 630
Merit: 254


EIN: 82-3893490


View Profile WWW
December 06, 2019, 12:43:51 PM
 #114

They could do this by adding sub-accounts.  Poolin does this for their miners - you can make a different sub account for each algo they use or even within an algo and assign the miners accordingly.

BTC Miners: 122 TH/s Scrypt Miners: 2.5 GH/s BTC Address: 1MoparCzLLgVhFjLMo9iS4a8qeEMpF3EeJ -- Mine BTC @ kano.is
Offering escrow services https://bitcointalk.org/index.php?topic=5154480 leave me a message on Discord: https://discord.gg/7NaRKtb
Get your own Ballet Wallet here! BalletCrypto.com use coupon code "MoparMiningLLC" for 5% off
Freemine-001010
Member
**
Offline Offline

Activity: 114
Merit: 42


View Profile
December 13, 2019, 07:38:23 AM
Last edit: December 13, 2019, 12:07:19 PM by frodocooper
 #115

any updates?
also how does one use the worker group,  ie what do i put in the worker name to have its hash and rewards separate from main account

TY
FM



so how do you configure the miner to pop up in a diffrent group,

change the pw to the group remark ?

add the group at the end of miner name     ie     account.minername.groupname     ?

can you explain ? please

TY
FM



ok so after lots of trial and error ,

create mining group  , all lower case and only number(s) and letters

newminingroup.minername

there is a wiki im prob missing ,

thanks
FM
NovaBLock.com
Copper Member
Newbie
*
Offline Offline

Activity: 20
Merit: 5


View Profile
December 18, 2019, 05:00:59 AM
Last edit: December 18, 2019, 10:19:25 AM by frodocooper
 #116

Hello all,

I apologize for the lack of response and I will go through the messages and respond to everyone soon.

We have been working tirelessly on additional features and partnerships.

Partnerships:

1. OTC - NovaBlock and Secure Digital Markets have reached a strategic partnership. Secure Digital Markets is one of the largest OTC desks in Canada and trades billions of dollars every year. Secure Digital Markets has similar values to NovaBlock, such as providing transparency and lowest fees. Our goal is to ensure that our clients get the best value out of their bitcoin and their mining pool.

2. Immersion Cooling - NovaBlock and Immersion Systems have reached a strategic partnership. We believe that immersion cooling will be a cornerstone for mining in the near future and Immersion Systems is a client oriented team with values that align with NovaBlock of passing on all savings to clients. Immersion Systems is the leader in commercial scale immersion deployments and an internationally recognized brand. They have 100's of MW in the pipeline to be built and we are proud to be their partner. Our goal is to build the future of mining together and provide the most value to clients.

Features:

1. Hashrate transfer function - We have received requests from multiple clients regarding the ability to split hashrate on one account to different mining groups or wallets. This can be done with a set amount of hashrate or percentage of hashrate.

Additional information:

Check out this podcast by Scott Offord & JL Zoeckler from Beardmining for an opportunity to reduce your fees permanently to 1.8%! This offer is valid until January 20, 2020.

https://www.youtube.com/watch?v=rDMUWaHlras



[...]

Hi Freemine,

Follow the steps here to create a new worker group: https://support.novablock.com/hc/en-us/articles/360033763693-How-to-create-a-mining-group-

UserName.WorkerName

UserName - will be the working group you want to mine under (example, you could create UserName S17 for your new machines)
WorkerName - description for the specific mining machine

Alternatively, you can try our new transfer function and split the hashrate up by total hashrate or % and send to different wallets.

We will look into the refresh rate and get back to you.

Dark mode & leaderboard, unfortunately we do not think of these as necessities for the current moment. Our main goal currently is to add additional features that clients request for profitability, necessity that will expand our user base. I apologize for the inconvenience.

Novablock.com, the most profitable mining pool
Try now for 0 pool fees. PM for more information.
Mcdes
Newbie
*
Offline Offline

Activity: 17
Merit: 3


View Profile
December 31, 2019, 10:31:10 PM
Last edit: January 01, 2020, 03:06:50 AM by frodocooper
 #117

Check out this podcast by Scott Offord & JL Zoeckler from Beardmining for an opportunity to reduce your fees permanently to 1.8%! This offer is valid until January 20, 2020.

https://www.youtube.com/watch?v=rDMUWaHlras

Can we get the 1.8% if we already have an account? Or is this for new accounts only? Any conditions?
NovaBLock.com
Copper Member
Newbie
*
Offline Offline

Activity: 20
Merit: 5


View Profile
January 02, 2020, 01:45:27 AM
Last edit: January 03, 2020, 01:48:06 AM by frodocooper
 #118

Can we get the 1.8% if we already have an account? Or is this for new accounts only? Any conditions?

Hey, you can always add new invitation codes to your account. This way even if you have a previous used invitation code you can always reduce your pool fees, which is what we want to do for everyone.

Go to my account and there should be a section called invitation code. Use the new invitation code and it will override anything on your account previously. With no code, this would mean your fees go from 2.5% to 1.8%.

Let me know if you need any additional support.

Novablock.com, the most profitable mining pool
Try now for 0 pool fees. PM for more information.
Mcdes
Newbie
*
Offline Offline

Activity: 17
Merit: 3


View Profile
January 02, 2020, 02:52:03 AM
Last edit: January 03, 2020, 01:48:26 AM by frodocooper
 #119

Perfect done! thanks!

FYI, i could only do it in the app, as on safari or brave, that accounts page wont show anything online.
NovaBLock.com
Copper Member
Newbie
*
Offline Offline

Activity: 20
Merit: 5


View Profile
April 02, 2020, 10:26:21 PM
 #120

NovaBlock has reached 2130 PH and become one of the top 10 public mining pools in the world!

The pool fee has been updated from 2.5% to 3.5%, but for members of Bitcointalk, you can reach out to us directly for lower pool fees. Clients with large hashrate are welcome to join and we can provide custom offers.

We thank everyone for the ongoing support as we look to become the top mining pool in North America.

Mine on!

https://imgur.com/a/11j7SLl
See above photo for evidence as of April 2, 2020.

Novablock.com, the most profitable mining pool
Try now for 0 pool fees. PM for more information.
Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!