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Author Topic: Ozcoin Pooled Mining's Newbies Thread DGM 0Fee PPS 5% fee  (Read 979 times)
Graet (OP)
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May 09, 2012, 04:38:10 PM
Last edit: May 20, 2012, 03:34:47 PM by Graet
 #1

  
Ozcoin Pooled Mining Pty Ltd
Opened 7 June 2011

Now offering PPS at 5% fees

We have purchased and setup https://www.ozcoin.net for www ssl goodness Cheesy

Features include

    USA, Europe and Australian mining servers
    Double Geometric Payout Method Fee free - optional Donation
    Pay Per Share 5% fee
    Long Polling and Low Stale Percentage
    Custom built Web Frontend
    SSL Certificate
    Extensive Individual and and Pool Statistics
    Email notification on idle miner
    Email notification on payout
    Shoutbox
    JSON API
    Share validation waiting period 120 blocks,
    Instant payout, pay invalids for 5%+ donors
    Automatic and full Decimal Payouts. Script runs every 10 minutes
    Friendly active IRC channel chat.freenode.net #ozcoin or via site based Web IRC
    Awesome IRC bot with many useful commands
    IRC "Donors Lounge"
    Merged Mining of Bitcoin and Namecoin
    Automatic onsite conversion of NMC to BTC available:)
    Per worker option to disable NMC longpolls
    Bitcoin only mining on port 8331 (all servers)
    Port80 mining
    Hall of Fame
    Ozcoin cross platform desktop widget

    http://btcstats.net/?ozcoin for cool forum avatar Cheesy



  
 Advantages of Double Geometric Payout Method

   Hopping-proof, low-variance reward system
        This method offers steady income per share similar to PPS. We take the risk of long rounds and pay even when the pool buffer runs out, so we appreciate donations to keep this service up and running.
    Double Geometric Variables
        f=-0.25, c=0.2, o=0.8
More Information about this method can be found here https://bitcointalk.org/index.php?topic=39497.0

 Pay per Share
5% Fee
Note: Merged Mining and Donations are disabled for PPS method.
Current PPS Rate:0.00002741 BTC

 Our vision:
To encourage BTC use in Australia and throughout the world by supporting miners and other BTC enterprises.
We feel that a strong growing community will help us overcome any obstacles for BTC and we are here for the long run toward real world use of BTC - not for a quick buck.To this end we feel that transparency is vital in our project and will endeavour to provide as much information as required for this to become possible.

Please note a valid email adress is required for registration.

  
Getting Started
1. Register an account with ozco.in  
2. Once activated login and go to Worker . Setup your workers.
3. Then at Pool Options Enter the address of the wallet you would like your payments made to and your amount for automatic payout, Namecoin wallet address or auto conversion to BTC and preferred donation amount and Payout method.
4. Join your miner to the pool:
hostname: http://us.ozco.in http://eu.ozco.in http://au.ozco.in Ports 80,8331 and 8332 available on all mining nodes
Username: <yourname>.<workername>  Password:<workerpassword>
5. Start your worker. On first connection it can take your client a few minutes to "connect" and download the work units.
6. You're done! Check out the pool Statistics to see how the pool is doing .

NOTE: Some miners prefer not to Merged Mine we have made port 8331 available. Shares submitted to port 8331 are only submitted to bitcoind and no NMC longpolls are sent.

Questions, (positive) criticism/suggestions welcome  Smiley


Best Wishes
Graeme Tee
Graet
Managing Director
Ozcoin Pooled Mining Pty Ltd
ACN:152 509 272

Site donation address 1Gzcbs8dDYzf16qFWKHc5kWKuH8nji3pVt
Donate hashes -u ozcoin.donate -p p

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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May 09, 2012, 04:42:04 PM
 #2

FIRST!

I... honestly have nothing constructive to add, but Ozcoin is awesome...
Graet (OP)
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May 13, 2012, 06:31:44 PM
 #3

variance is a funny thing eh
http://blockchain.info/pools right now (24 hour chart)\

Known Blocks.
Relayed By   Count
BTC Guild   17
OzCoin   11
Slush     10
Eligius   10
Deepbit   9
Good work Ozcoin Miners

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
Graet (OP)
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May 20, 2012, 03:28:03 PM
 #4

We have had several enquiries from miners to offer PPS
5% Fee
Note: Merged Mining and Donations are disabled for PPS method.
Current PPS Rate:0.00002741 BTC

Choose payout method on User Account -> Pool Options

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
wildemagic
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May 20, 2012, 10:32:10 PM
 #5

Great work graet, the reason I hopped pools to you was your features and ongoing hard work.

kind regards

.,-._|\     Offgrid 1.7kW Solar and 3G wireless internet powering my mining rig.
/ .Oz. \
\_,--.x/     [219.5btc of successful trades total] with : rastapool, miernik, flatronw & OneFixt
       o
Graet (OP)
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May 21, 2012, 01:53:45 AM
 #6

Cool,
Welcome Cheesy

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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June 02, 2012, 12:44:45 PM
 #7

Looks like there might have been another compromise in the community
allegedly https://bitcointalk.org/index.php?topic=84893.msg936697#msg936697

Please PLEASE please PLEASE for your own security use UNIQUE passwords on any Bitcoin site you use (It is a good idea to do this on ALL sites you use, but especially bitcoin it seems).
This is for your security!

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
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