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salfter
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July 01, 2015, 03:34:37 AM
 #81

After taking a bit of a break from mining, I'm looking at maybe getting back in.  My Gridseeds will probably cost more to operate than they'll earn back, but there's a chance the Antminer S1s might still eke out a profit if they mine altcoins.  I might also throw some money into rentals so I'm not warming up my condo unnecessarily.

Anyway, thought I'd take a look at Mintsy, from a standpoint of running my existing miners through it and possibly renting miners in the future.  I set up a couple of workers, set them to use an external pool, and switched my Antminers over.  No hashrate showed up at the remote pool.  I tried switching to Mintsy's Bitcoin pool...still no dice.  Looking at the web interface for the miners, they say Mintsy's dead.  They had been out of service for a few months, so I pull the latest version of cgminer from https://github.com/kanoi/cgminer-binaries/tree/master/AntS1 and install it...still no dice.  I also found binaries at https://github.com/7queue/cgminer-ckolivas/tree/master/bin that mention extranonce.subscribe support, but that also made no difference.

One other suggestion: Mintsy really should support TOTP two-factor authentication.  SMS is clunky for the purpose.  I already have Google Authenticator installed for a bunch of other websites (including Cryptsy) and would rather not have to install yet another 2FA app.

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July 01, 2015, 02:06:20 PM
 #82

After taking a bit of a break from mining, I'm looking at maybe getting back in.  My Gridseeds will probably cost more to operate than they'll earn back, but there's a chance the Antminer S1s might still eke out a profit if they mine altcoins.  I might also throw some money into rentals so I'm not warming up my condo unnecessarily.

Anyway, thought I'd take a look at Mintsy, from a standpoint of running my existing miners through it and possibly renting miners in the future.  I set up a couple of workers, set them to use an external pool, and switched my Antminers over.  No hashrate showed up at the remote pool.  I tried switching to Mintsy's Bitcoin pool...still no dice.  Looking at the web interface for the miners, they say Mintsy's dead.  They had been out of service for a few months, so I pull the latest version of cgminer from https://github.com/kanoi/cgminer-binaries/tree/master/AntS1 and install it...still no dice.  I also found binaries at https://github.com/7queue/cgminer-ckolivas/tree/master/bin that mention extranonce.subscribe support, but that also made no difference.

One other suggestion: Mintsy really should support TOTP two-factor authentication.  SMS is clunky for the purpose.  I already have Google Authenticator installed for a bunch of other websites (including Cryptsy) and would rather not have to install yet another 2FA app.
I've successfully pointed my miners to mintsy (I use S3s) directly, but routing from MRR to mintsy doesn't work at all - unless they've since fixed the issue, it's been a while since I tested it.  I have the extranonce patched cgminer 4.7 for the S3 (from NiceHash) and it works out fine.  I'm not sure about the S1s since I sold mine last year.

Mintsy does indeed use 2FA... I have it setup on my account using Authy.  Go to "My Profile" and you'll see a "Two Factor Authentication" panel where you can set it up.

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July 01, 2015, 02:39:16 PM
Last edit: July 01, 2015, 02:59:22 PM by salfter
 #83

I have the extranonce patched cgminer 4.7 for the S3 (from NiceHash) and it works out fine.  I'm not sure about the S1s since I sold mine last year.

That, I think, is what was at the second GitHub link I posted...tried the NiceHash link provided by Mintsy, but got an error page from Cloudflare. Once I found it at GitHub and transferred it over, I tried it out.  It didn't work any better than the other ones.  I'm currently running with the binaries from the first link, which identify as "cgminer 4.9.1c."

(Cloudflare, BTW, needs to DIAF, but that's another issue. Grin )

Quote
Mintsy does indeed use 2FA... I have it setup on my account using Authy.  Go to "My Profile" and you'll see a "Two Factor Authentication" panel where you can set it up.

I saw that.  I don't want to install yet another app.  Everyone else uses TOTP (or, rarely, HOTP), as those are the standards with RFCs to back them up.

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July 10, 2015, 05:42:00 PM
 #84

Can somebody please explain how mintsy works?

I bought one contract of 10 mh/s and mining ltc on the mintsy pool, but where can i see how many ltc i already mined??

And how do i point an external pool?? i tried wemineltc and coinotron, but nothing works only mintsy's own pool works.

Thanks,
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July 10, 2015, 08:50:59 PM
 #85

Can somebody please explain how mintsy works?....

ok  wow, its a website were you can buy contracts and rent miners to mined cryptocoins from mintsy own pools or 3rd party pool you prefer.. i had a 3 month contract and i got mixed feelings over it.. not from the mining but from the service, i felt that their are kids running lemonade stands more organized then mintsy..  and they dont seam to want my money.. as in the customers are always right.. maybe an american thing.. 

if you are a beginner ..  first goto cryptsy.com and create an account and create address for your coins wallet that you see in mintsy pool list     
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July 11, 2015, 10:25:00 AM
 #86

Can somebody please explain how mintsy works?....

ok  wow, its a website were you can buy contracts and rent miners to mined cryptocoins from mintsy own pools or 3rd party pool you prefer.. i had a 3 month contract and i got mixed feelings over it.. not from the mining but from the service, i felt that their are kids running lemonade stands more organized then mintsy..  and they dont seam to want my money.. as in the customers are always right.. maybe an american thing.. 

if you are a beginner ..  first goto cryptsy.com and create an account and create address for your coins wallet that you see in mintsy pool list     

Ok..... you took my whole question out of context, i'm asking where i can see how many ltc i already mined on mintsy pool and why are external pools not working.

I'm mining for 3 years now and have a cryptsy account. Wink
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July 11, 2015, 10:32:29 AM
 #87

Can somebody please explain how mintsy works?....

ok  wow, its a website were you can buy contracts and rent miners to mined cryptocoins from mintsy own pools or 3rd party pool you prefer.. i had a 3 month contract and i got mixed feelings over it.. not from the mining but from the service, i felt that their are kids running lemonade stands more organized then mintsy..  and they dont seam to want my money.. as in the customers are always right.. maybe an american thing.. 

if you are a beginner ..  first goto cryptsy.com and create an account and create address for your coins wallet that you see in mintsy pool list     

Ok..... you took my whole question out of context, i'm asking where i can see how many ltc i already mined on mintsy pool and why are external pools not working.

I'm mining for 3 years now and have a cryptsy account. Wink

Because this service is just another ponzi as it looks like. If you read whole thread, you will see that every single person is complaining how bad it works. Don't bother with it and move on, there are way better services out there that will not rip you off.

This service just shows how a good idea and concept is turned into a disaster if there are no proper programmers to code the service's backend. Probably Big Vern invested thousands of bitcoins into this, but at the end this crap was created.

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July 12, 2015, 03:38:29 AM
 #88

Fram...  if you go to the mintsy pool and select  LTC Mining Pool.   it gives you this..  the  Your Round Shares ( )  is what you mined in shares..  Mintsy is a PPLNB so having a estimate of coins would be inaccurate ... some sites didnt work and coinotron is one of them..  that sucks because its a good pool..


 LTC Mining Pool (Scrypt Algorithm)

 
Active Workers:   142
Total Round Shares:   14223976448
Your Round Shares:   0
Difficulty:   46285.259
Estimated Block Time:   2825.33 minutes
Time Since Block:   7196.23 minutes
Potential:   25.48524859 LTC/Day
Actual:   0.00000000 LTC/24Hrs
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July 12, 2015, 03:46:21 AM
 #89

djeZo

 the cloud mining does work and Mintsy suffer from poor help desk service....  I understand whats a ponzi scam.. i have been a victim of it..  I had a contract with Mintsy and they delivered.  they just need help desk to be more tech savvy 
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July 12, 2015, 12:14:15 PM
 #90

Welp, the results are in. And unsurprisingly they're just disappointing. My contract stopped mining about a week ago and it seems like the inconsistencies in the hash rate continued throughout its duration the entire time. Needless to say that I didn't achieve ROI. If only the hashrate was consistent as promised I would have achieved a very positive ROI but nope. No one cared to look into the "issues that developers are looking into" as the support told me after I messaged them days after getting the contract. I don't know If I should ask for my money back at this point or just accept the loss.

Anyway, to summarise, stay way from minty's contracts. False promises everywhere. Too bad I trusted BitJohn for having a good reputation with cryptsy.

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Framauro
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July 15, 2015, 06:55:42 PM
 #91

Fram...  if you go to the mintsy pool and select  LTC Mining Pool.   it gives you this..  the  Your Round Shares ( )  is what you mined in shares..  Mintsy is a PPLNB so having a estimate of coins would be inaccurate ... some sites didnt work and coinotron is one of them..  that sucks because its a good pool..


 LTC Mining Pool (Scrypt Algorithm)

 
Active Workers:   142
Total Round Shares:   14223976448
Your Round Shares:   0
Difficulty:   46285.259
Estimated Block Time:   2825.33 minutes
Time Since Block:   7196.23 minutes
Potential:   25.48524859 LTC/Day
Actual:   0.00000000 LTC/24Hrs


Thanks for explaining, minsty is still in beta, so i hope in the future other mining pools will be supported, like coinotron or litecoinpool.

I'm mining now on multipool with 2 contracts and it's mining fine.

Did you try or know other external pools that's working with mintsy??
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July 15, 2015, 07:52:32 PM
 #92

Fram...  if you go to the mintsy pool and select  LTC Mining Pool.   it gives you this..  the  Your Round Shares ( )  is what you mined in shares..  Mintsy is a PPLNB so having a estimate of coins would be inaccurate ... some sites didnt work and coinotron is one of them..  that sucks because its a good pool..


 LTC Mining Pool (Scrypt Algorithm)

 
Active Workers:   142
Total Round Shares:   14223976448
Your Round Shares:   0
Difficulty:   46285.259
Estimated Block Time:   2825.33 minutes
Time Since Block:   7196.23 minutes
Potential:   25.48524859 LTC/Day
Actual:   0.00000000 LTC/24Hrs


Thanks for explaining, minsty is still in beta, so i hope in the future other mining pools will be supported, like coinotron or litecoinpool.

I'm mining now on multipool with 2 contracts and it's mining fine.

Did you try or know other external pools that's working with mintsy??

Which multipool is working?

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July 15, 2015, 10:13:38 PM
 #93

Fram...  if you go to the mintsy pool and select  LTC Mining Pool.   it gives you this..  the  Your Round Shares ( )  is what you mined in shares..  Mintsy is a PPLNB so having a estimate of coins would be inaccurate ... some sites didnt work and coinotron is one of them..  that sucks because its a good pool..


 LTC Mining Pool (Scrypt Algorithm)

 
Active Workers:   142
Total Round Shares:   14223976448
Your Round Shares:   0
Difficulty:   46285.259
Estimated Block Time:   2825.33 minutes
Time Since Block:   7196.23 minutes
Potential:   25.48524859 LTC/Day
Actual:   0.00000000 LTC/24Hrs


Thanks for explaining, minsty is still in beta, so i hope in the future other mining pools will be supported, like coinotron or litecoinpool.

I'm mining now on multipool with 2 contracts and it's mining fine.

Did you try or know other external pools that's working with mintsy??

Which multipool is working?

https://www.multipool.us
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July 15, 2015, 11:31:02 PM
 #94

Fram...  if you go to the mintsy pool and select  LTC Mining Pool.   it gives you this..  the  Your Round Shares ( )  is what you mined in shares..  Mintsy is a PPLNB so having a estimate of coins would be inaccurate ... some sites didnt work and coinotron is one of them..  that sucks because its a good pool..


 LTC Mining Pool (Scrypt Algorithm)

 
Active Workers:   142
Total Round Shares:   14223976448
Your Round Shares:   0
Difficulty:   46285.259
Estimated Block Time:   2825.33 minutes
Time Since Block:   7196.23 minutes
Potential:   25.48524859 LTC/Day
Actual:   0.00000000 LTC/24Hrs


Thanks for explaining, minsty is still in beta, so i hope in the future other mining pools will be supported, like coinotron or litecoinpool.

I'm mining now on multipool with 2 contracts and it's mining fine.

Did you try or know other external pools that's working with mintsy??

Which multipool is working?

https://www.multipool.us


Thanks,  working, but I feel my hash is low.  I'll wait around and see

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July 16, 2015, 05:49:26 AM
 #95

my top three multipool that mintsy worked well without high stales and errors

1  Cex.io .. easy to use multipool
2 Ipominer ...  always new coins to mine and supports merged coin in the multipool, Cex.io dont do merge mining in thier multipool.. their bitcoin and litecoin only pool does the merge mining
3. ispace ...  haves different flavors of multipool options .. even a low diff. multipool for cpus and gpus !!! and merged mining
 
theres other multipools that also worked but im not telling
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July 17, 2015, 05:23:12 PM
 #96

Yeah, super unstable hashrate. Seems to go up and down more than a (insert joke here )

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boki15
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July 18, 2015, 11:15:51 AM
 #97

Many negative reports about sha contracts. I bought 2 scrypt contrtacts, payed 0,33btc and earned after 4 days 0,18.

What did I do special? Nothing, just mining POT and selling to the highest bidder.

Can anyone report own experience with your scrypt contracts, especially if it differs from my?

They are in Beta stage and these are negative aspects currently (speaking only for myself):
  • Contracts are not rentable
  • Misleading info. When you buy contract, you can see that it is tradeable, but contract market is "Contract Trading Coming Soon".
  • On contract details and FAQ, there is no word about renting. Currently renting of own contracts is not possible. In my case, I bought them to rent, which was not possible
  • Hashrate: I read some reports about unstable hashrate. I got 200%-1000% of purchased, which could mean that I got hashrate from someone else, but does not mean that I did not get this hashrate from unsold contracts. Mintsy never replied with an explanation what is going on with their hashrate and how much does everybody get. I can confirm that their shown hashrate is wrong. I rent my own rigs there and I've set cgmonitor which actually always shows correct hashrate. If I look at the hashrate of my miner, it shows correct hashrate, looking at the hashrate my renter got, it shows 300%. This is a big mess, especially because renter and rig owner do not have possibility to communicate and refunds are initiated 24hours after the rent is over, which is for crypto, especially for altcoins, it's very long time

There are many cloud services around which are 100% not legit. Until now, Mintsy is far from being accused as a scam, it's just a beta system of an unfinished code.

It's nice to see that someone tries (Mintsy) to create an transparent and legit service and it's great that Vern supports this idea, but whoever is running and developing mintsy, please hire some experienced devs to help your active dev/devs, it's obvious that they are overloaded or there is a problem they are not able to solve by themself, get a good project manager and hire additional devs to pass testing phase.
surfguy72
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July 20, 2015, 05:11:18 PM
Last edit: July 20, 2015, 06:50:08 PM by surfguy72
 #98

Many negative reports about sha contracts. I bought 2 scrypt contrtacts, payed 0,33btc and earned after 4 days 0,18.

What did I do special? Nothing, just mining POT and selling to the highest bidder.

Can anyone report own experience with your scrypt contracts, especially if it differs from my?

They are in Beta stage and these are negative aspects currently (speaking only for myself):
  • Contracts are not rentable
  • Misleading info. When you buy contract, you can see that it is tradeable, but contract market is "Contract Trading Coming Soon".
  • On contract details and FAQ, there is no word about renting. Currently renting of own contracts is not possible. In my case, I bought them to rent, which was not possible
  • Hashrate: I read some reports about unstable hashrate. I got 200%-1000% of purchased, which could mean that I got hashrate from someone else, but does not mean that I did not get this hashrate from unsold contracts. Mintsy never replied with an explanation what is going on with their hashrate and how much does everybody get. I can confirm that their shown hashrate is wrong. I rent my own rigs there and I've set cgmonitor which actually always shows correct hashrate. If I look at the hashrate of my miner, it shows correct hashrate, looking at the hashrate my renter got, it shows 300%. This is a big mess, especially because renter and rig owner do not have possibility to communicate and refunds are initiated 24hours after the rent is over, which is for crypto, especially for altcoins, it's very long time

There are many cloud services around which are 100% not legit. Until now, Mintsy is far from being accused as a scam, it's just a beta system of an unfinished code.

It's nice to see that someone tries (Mintsy) to create an transparent and legit service and it's great that Vern supports this idea, but whoever is running and developing mintsy, please hire some experienced devs to help your active dev/devs, it's obvious that they are overloaded or there is a problem they are not able to solve by themself, get a good project manager and hire additional devs to pass testing phase.

Thanks for your comments, I concur with most of it.

Pot that profitable though?  Still figuring the math on that

*** I don't see 2 scrypt contracts totalling that little, did you have coupon code?  Given how low my hashrate has been, I can see someone having the opposite luck.

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sirslayer
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July 21, 2015, 02:03:36 AM
 #99

litecoin is the reason on the luck....   hummmmmm
boki15
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July 21, 2015, 04:37:46 AM
Last edit: July 21, 2015, 04:57:02 AM by boki15
 #100

Many negative reports about sha contracts. I bought 2 scrypt contrtacts, payed 0,33btc and earned after 4 days 0,18.

What did I do special? Nothing, just mining POT and selling to the highest bidder.

Can anyone report own experience with your scrypt contracts, especially if it differs from my?

They are in Beta stage and these are negative aspects currently (speaking only for myself):
  • Contracts are not rentable
  • Misleading info. When you buy contract, you can see that it is tradeable, but contract market is "Contract Trading Coming Soon".
  • On contract details and FAQ, there is no word about renting. Currently renting of own contracts is not possible. In my case, I bought them to rent, which was not possible
  • Hashrate: I read some reports about unstable hashrate. I got 200%-1000% of purchased, which could mean that I got hashrate from someone else, but does not mean that I did not get this hashrate from unsold contracts. Mintsy never replied with an explanation what is going on with their hashrate and how much does everybody get. I can confirm that their shown hashrate is wrong. I rent my own rigs there and I've set cgmonitor which actually always shows correct hashrate. If I look at the hashrate of my miner, it shows correct hashrate, looking at the hashrate my renter got, it shows 300%. This is a big mess, especially because renter and rig owner do not have possibility to communicate and refunds are initiated 24hours after the rent is over, which is for crypto, especially for altcoins, it's very long time

There are many cloud services around which are 100% not legit. Until now, Mintsy is far from being accused as a scam, it's just a beta system of an unfinished code.

It's nice to see that someone tries (Mintsy) to create an transparent and legit service and it's great that Vern supports this idea, but whoever is running and developing mintsy, please hire some experienced devs to help your active dev/devs, it's obvious that they are overloaded or there is a problem they are not able to solve by themself, get a good project manager and hire additional devs to pass testing phase.

Thanks for your comments, I concur with most of it.

Pot that profitable though?  Still figuring the math on that

*** I don't see 2 scrypt contracts totalling that little, did you have coupon code?  Given how low my hashrate has been, I can see someone having the opposite luck.

I was not going for most profitable coin, I was going for most stable pool. Mining LTC gave me exact hashrate that I bought, POT showed much more, 50Mh contracts were mining with 200-300Mh in last couple of days, which is 400-600%. Taking this in maths would maybe explain how I actually have already 70% of my ROI.

As I was renting there too, I have multiple tickets regarding hashrate, where for the renter it is shown almost double higher then the real one, mining on external pool shows (in most cases Smiley ) "real" hashrate, but it depends still on the pool, there are some pools which Mintsy also shows in double rate, for me it really looks like a bug. Ie, if you make 2 workers, each 1Mh, in sum 2Mh, then you create a new worker and use it's pool for your 2Mh to mine on some pool, their system would show your total hashrate sum 4Mh, would it be correct from a system to recognise that it is 2Mh or is it ok to assume 4Mh? Knowing this fact I was curios if it is the same bug or do I really get so much. According to my contributed shares on mintsy, 400-600% are correct, giving the amount of POT like if I would mine with 200-300Mh.

It would be interesting to find out if they add their own hashrate or is it an uncontroled bug where some of the customers hashrate counts to another account. Maybe some transparency regarding this question would be nice from Mintsy.

I hope that there are no/not many mintsy customers who lost their hashrate, I am really sorry you got unlucky, but I do not think it has anything with luck to do, it's beta system and there are some glitches.


EDIT: No I did not use coupon code, I was asking them multiple times to give me some as I wanted to test their system but had to pay full price.

Quote
*** I don't see 2 scrypt contracts totalling that little,...?
10Mh costs $ 59, in moment I bought it 54 €
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