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Author Topic: Bitminter bitcoin mining pool - shutdown mining 2020-07-01 website 2021-06-01  (Read 323923 times)
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Mikestang
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December 11, 2017, 05:00:31 AM
 #1361

With they skyrocket in BTC value has there been any discussion about reducing the minimum payout value from 0.01 to maybe 0.001, or something?
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DrHaribo
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December 11, 2017, 12:25:06 PM
 #1362

With they skyrocket in BTC value has there been any discussion about reducing the minimum payout value from 0.01 to maybe 0.001, or something?

For smaller amounts please use "my account" -> "send coins" in the website menu.

There probably won't be a smaller amount than 0.01 where Bitminter will pay the transaction fee for you when you cash out.

An improvement might be the option of setting a lower auto cash out threshold but that in this case a fee would be deducted from your account when the auto cash out happens. On the other hand, many would probably be unhappy with this as it would sometimes trigger when there is extreme transaction spam, several hundred thousand backlogged transactions in the bitcoin network, and very high fees.

These days in bitcoin the transaction fees are either big or humongous. Automating paying fees at random times can be quite risky. Yes, Bitminter is doing this itself and when auto cash out happens during the worst transaction spam times it does get expensive for the pool.

If not for the fees there would of course be free auto cash out for amounts below 0.01.

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December 12, 2017, 04:55:13 AM
 #1363

Thanks, yes I meant the auto cash out value, but neglected to state that.  Makes sense, though, mine on!
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December 19, 2017, 07:42:49 AM
 #1364

Today Bitminter experienced a critical failure with a central server.

The website was inaccessible for 1 hour 10 minutes. Mining was down for 13 minutes.

We apologize for the down time. Mining services are top priority and can normally be isolated from issues like this. But in this instance it was not possible to do so completely.

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December 19, 2017, 11:08:40 PM
 #1365

Now that Bitcoin Cash seems to have gained credibility, are there any plans to release those of us that left BTC at the mining pool wallet instead of moving it into our own wallets? Maybe even like 50% of what we should have gotten as an idiot fee?
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December 20, 2017, 06:33:19 AM
 #1366

Now that Bitcoin Cash seems to have gained credibility, are there any plans to release those of us that left BTC at the mining pool wallet instead of moving it into our own wallets? Maybe even like 50% of what we should have gotten as an idiot fee?

All you are BCC are belong to us!

Anyway, just wanted to say "hey" and "hrrmmmmwnnhmmm" from my Antminer S9. Happy hashing and good luck! P.S. props to whomever just increased the pool's hash rate by 25%.
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December 20, 2017, 03:50:36 PM
 #1367

Bitcoin Cash may get added in the future. But every new fork popping up will not be supported. Make sure you cash out your coins from Bitminter to a wallet where you control the private keys. You will then be able to follow all the forks that happen after that.

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December 22, 2017, 09:11:58 PM
 #1368

Hello Bitminter Community.

I am taking my first ASIC Miner out of the box today.  Still looking at options for pools.  Can anyone help me compare Bitminter and Slushpool in terms of payouts over a week, month, year? As well as the intangibles like community, support, etc. 

Obviously y'all prefer to be here because here you are. 

I know there are different fee structures and payout methods, but I guess I just want to dial that down to actual numbers.  Is a smaller pool like this less consistent but overall more lucrative if you have patience? 

Also, the plan is to run the miner 24/7 but inevitably it will have to be turned off from time to time to move, etc. I've not ready anything about what happens when you disconnect for a short time.  Do your shares go down to zero?

Still a lot more to read, but I just wanted to say hello first.
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December 23, 2017, 10:50:01 PM
 #1369

Differences in payouts will be mostly due to luck.

We use PPLNS with shifts. Your work gets registered in shifts. When someone mining in the pool finds a block you get paid. Your share of the coins from the block depends on your share of the work done in the last 10 completed shifts.

All work is paid the same way. As long as it is among the last 10 completed shifts when a block is found, it gets its share of the coins from the block.

There is no punishment if you stop mining. But of course, if you stop mining then you do less work, so you get paid less. Your old work will be fully paid after a while (no longer in the 10 latest shifts). After that you don't get paid unless you mine more. All work is paid equally, but once it is paid, it's paid.

Bitminter is a smaller pool, but going for a comeback now. In the last 2-3 weeks we have gone from 2 PH/s to 4 PH/s. We're now on our way to 5 PH/s (5000 TH/s). Join us and help us push back up to a good hashrate. Smiley

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December 27, 2017, 02:30:51 AM
 #1370

Aloha!

I read a few of your helpful posts in the forum...

And I've seen your promote & defend Bitminter with class (even when people were not polite). 

Thank you for what you've created and all you've done.

I see a LOT of posts where people ask which miner to get, and the answer is almost always to buy coins. I want to mine them, so..

Can you recommend a good used miner?

One which works with Bitminter.

Thanks,
-eMiner

P.S. Noise & price are issues, however, electric is included in my monthly so that's not an issue.
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December 27, 2017, 04:55:56 AM
 #1371

If you can find an old S3 that's a solid 500 GH/s that will run reasonably quiet, i.e. you can run it in your home and not be bothered by it.

Nice to see the pool hash rate up, let's get a block!
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December 27, 2017, 06:58:05 AM
 #1372

Aloha MikeStang,

Thanks for the tip.

That's the perfect price point.

It's hard to tell what's fake or real.

Is there a safe place to buy from?

Thanks,
eMiner

P.S. Is there a safe place to buy from one?
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December 27, 2017, 09:24:50 AM
 #1373

P.S. Is there a safe place to buy from one?

Ideally, if you can find something reasonably local to you and see it working before you part with your payment. Failing that this forum is a good place as you can see if the person selling has good trust feedback and also use an escrow service. Check out Bitcoin Forum > Economy > Marketplace > Goods https://bitcointalk.org/index.php?board=51.0 to see if you can find one or place a WTB want to buy thread.

freebitcoin.TO WIN A  LAMBORGHINI!..

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December 27, 2017, 11:20:52 PM
 #1374

Thanks a lot for the support, ehawaii !

I see you already got some good advice for buying a miner. Good luck Smiley

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December 27, 2017, 11:26:47 PM
 #1375

We have a new fast mining server up and running in Winnipeg, Canada.

This should be a good option for the new mining operations currently starting up in Canada. It can also be a good option for some miners in the US, depending on where they are located.

You can connect your ASIC miners to the new Canadian server at ca1.bitminter.com:3333

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December 28, 2017, 05:39:19 AM
 #1376

We have a new fast mining server up and running in Winnipeg, Canada.

This should be a good option for the new mining operations currently starting up in Canada. It can also be a good option for some miners in the US, depending on where they are located.

You can connect your ASIC miners to the new Canadian server at ca1.bitminter.com:3333


Hello from Russia, DrHaribo !
I have very little experience and started to study this forum to find a good pool that is not widely known and with which I can become indecently rich!))
I liked your project and you are pleasant to me as a kind man and an expert in mining business, you put your soul into your work - you a winner, thanks for I  having the opportunity to work on your pool. I`m add my 23 T/h, of course it's a drop in the bucket, but I believe that I'll be lucky and in a couple of months I will be able to increase to 50 tons by placing workers on the bitminter !
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December 28, 2017, 11:58:46 PM
 #1377

Thanks for the support, notreplay, and welcome to the pool !

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December 28, 2017, 11:59:29 PM
 #1378

We are having difficulties delivering email to hotmail/live/msn/outlook addresses.

Many users of these services are reporting our emails as spam. Especially common is to create an account and when we send an email confirmation link, they mark it as spam. This in combination with Microsoft's very aggressive anti-spam system is making it hard to deliver email to these addresses.

It is highly recommended to use an email provider other than Microsoft.

If you keep using a Microsoft email service, please add support@bitminter.com to your contacts list and your "safe senders" list.

▶▶▶ Bitminter.com 2011-2020
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January 01, 2018, 11:28:16 PM
 #1379

Hi. all

I am a newbie here just getting my toe dipped with old AMD GPU in a dusty Pavilion, working literally hard pushing at 69mhps.
I did this just to get the feel of what it is like and guess what!  I earned 0.00...6! BTC couple of days ago!
Now that was a complete knockout beating my absolute zero expectation Smiley
Way to Go, Bitminter!

So I am asking here for the next phase of my project that will be on Gekkoscience 2PAC farm.
It'd be deeply appreciated if anyone can share their experience with them, just in terms of per second hash performance and amp/voltage limitation.

Thanks in advance and Happy Mining!

P.S.: Bitminter's web and client interface is by far one of the best among what I've surfed around.  Great works!

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January 02, 2018, 12:08:00 AM
 #1380

So I am asking here for the next phase of my project that will be on Gekkoscience 2PAC farm.
It'd be deeply appreciated if anyone can share their experience with them, just in terms of per second hash performance and amp/voltage limitation.

Don't buy them. They are completely obsolete and useless.

Today 1000 GH/s is extremely slow. Don't buy an old USB miner.

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