Vanity Pool - vanity address generator pool

[abbeytim]

k thankyou

[1714648578]

1714648578

[1714648578]

1714648578

[1714648578]

1714648578

[1714648578]

1714648578

[ThePiachu]

The server has been updated to the newest version of BitcoinQT and has finished updating / reindexing / synching. If anyone has experienced any problems with the pool, everything should be fine now.

[Blowfeld]

The server has been updated ... and has finished updating / reindexing / synching.

I am still getting the message "Problem sending payment. Please try again later" when I attempt to upload a solution.
Has anyone had any success in the last 4 days?

[ThePiachu]

The server has been updated ... and has finished updating / reindexing / synching.

I am still getting the message "Problem sending payment. Please try again later" when I attempt to upload a solution.
Has anyone had any success in the last 4 days?

Hmm, it appears that it was a small glitch in my pool that thought the payment was already sent. I sent some extra money to that address so it should be claimable once everything confirms (the bounty should update when that happens).

[Blowfeld]

The server has been updated ... and has finished updating / reindexing / synching.

I am still getting the message "Problem sending payment. Please try again later" when I attempt to upload a solution.
Has anyone had any success in the last 4 days?

Hmm, it appears that it was a small glitch in my pool that thought the payment was already sent. I sent some extra money to that address so it should be claimable once everything confirms (the bounty should update when that happens).

I see your transaction has 3 confirmations.  So, I resubmit my solution.  Now, I get "Database error - can't find the requested work. Please try again later".  And I don't get paid.

I've sent you five PM's over the last for 4 days.  And I've gotten five very prompt responses, which I appreciate.     But I guess you didn't actually investigate the problem until I posted on the Forum, today.   

The solution that appears on your "solved work" page resolves to a vanity address of:  1FreedomXf1bkjBHtpWVBqvyTkXXXXXXXX

But *my* solution, which I attempted to submit 4 days ago has a vanity address of:  1FreedomWhKGsz6GBJxSQHdFpCXXXXXXXX
Meanwhile, my computer wastes its time computing another:  1FreedomdZ9WCyf7sEvkagr6MHXXXXXXXX

So, I guess your server has been wonked for at least 4 days.  Which caused me and my server to waste our time.  Are other "available work" addresses also wonked?  You seem to have a good reputation on this Forum, but my first experience with your vanity server and your "little glitch" has been a lot of trouble for no pay.

If I choose to work on any other solutions, how can I have any confidence I will be paid for my solutions?

[ThePiachu]

I'm sorry about that. Send me your address and I will pay you for that solution.

[Blowfeld]

I'm sorry about that. Send me your address and I will pay you for that solution.

Thank you, ThePiachu!  I am satisfied with the resolution.  [ThePiachu paid 2.5 x the value of one solution.]
I expect to try some work on other (harder) vanity addresses.

[Otoh]

I just requested a 7 char after the initial 1 vanity address & from the time of sending the fee to receiving the (multiplication) solution was just 12 minutes, amazing! Many thanks.

requested 10.39 am
fee sent 10.42 am
solution received 10.54 am

[jaywaka2713]

So I have my payment address ready with the minimum fee of 0.01. However, I wish to pay more than that, but with a requirement. I wish to make multiple payments into the wallet, but I'm not sure if that is possible. Would I be able to do this?

[ThePiachu]

I just requested a 7 char after the initial 1 vanity address & from the time of sending the fee to receiving the (multiplication) solution was just 12 minutes, amazing! Many thanks.

requested 10.39 am
fee sent 10.42 am
solution received 10.54 am

I'm glad you had a good time at our service!

So I have my payment address ready with the minimum fee of 0.01. However, I wish to pay more than that, but with a requirement. I wish to make multiple payments into the wallet, but I'm not sure if that is possible. Would I be able to do this?

The payment address is tied to your request - you can pay into it in as many transactions as you like. Only after the work is finished and the payment is sent to the miner, will your extra transactions be ignored. You can try sending in two 0.01BTC transactions to start and see if the reward increases once the transactions are confirmed. If you come across any problems, just let me know.

[jaywaka2713]

The payment address is tied to your request - you can pay into it in as many transactions as you like. Only after the work is finished and the payment is sent to the miner, will your extra transactions be ignored. You can try sending in two 0.01BTC transactions to start and see if the reward increases once the transactions are confirmed. If you come across any problems, just let me know.

I sent through 3 transactions of 0.01, 0.01, and 0.06 to the address 1PDWfc29f8uSX6nJ7VdqHUJ7goLtAiG3pX
Verify at https://blockchain.info/address/1PDWfc29f8uSX6nJ7VdqHUJ7goLtAiG3pX
However, here: https://vanitypool.appspot.com/check?key=17Strykes:04387C0A9AD5739A92D12E3C4C05ABDE45EB8712A7DE27A5A0D590DB520169E62A8CD330D2AAB93 9EFAA723C5D97E00A2DFE457BCA138CAF6077024EAAE346730F it only shows that I have paid in 0.008 BTC, when in fact I've paid in 0.08 BTC. Could you please fix this display error? A floating point variable or some data polling code may be messed up.

[ThePiachu]

The payment address is tied to your request - you can pay into it in as many transactions as you like. Only after the work is finished and the payment is sent to the miner, will your extra transactions be ignored. You can try sending in two 0.01BTC transactions to start and see if the reward increases once the transactions are confirmed. If you come across any problems, just let me know.

I sent through 3 transactions of 0.01, 0.01, and 0.06 to the address 1PDWfc29f8uSX6nJ7VdqHUJ7goLtAiG3pX
Verify at https://blockchain.info/address/1PDWfc29f8uSX6nJ7VdqHUJ7goLtAiG3pX
However, here: https://vanitypool.appspot.com/check?key=17Strykes:04387C0A9AD5739A92D12E3C4C05ABDE45EB8712A7DE27A5A0D590DB520169E62A8CD330D2AAB93 9EFAA723C5D97E00A2DFE457BCA138CAF6077024EAAE346730F it only shows that I have paid in 0.008 BTC, when in fact I've paid in 0.08 BTC. Could you please fix this display error? A floating point variable or some data polling code may be messed up.

Okay, sorry about that - pool's memory cache didn't flush properly. A proper bounty is appearing now (0.064 - 80% of 0.08 as per norm). I will add memory clearing functionality for that use case to my TODO list.

[jaywaka2713]

The payment address is tied to your request - you can pay into it in as many transactions as you like. Only after the work is finished and the payment is sent to the miner, will your extra transactions be ignored. You can try sending in two 0.01BTC transactions to start and see if the reward increases once the transactions are confirmed. If you come across any problems, just let me know.

I sent through 3 transactions of 0.01, 0.01, and 0.06 to the address 1PDWfc29f8uSX6nJ7VdqHUJ7goLtAiG3pX
Verify at https://blockchain.info/address/1PDWfc29f8uSX6nJ7VdqHUJ7goLtAiG3pX
However, here: https://vanitypool.appspot.com/check?key=17Strykes:04387C0A9AD5739A92D12E3C4C05ABDE45EB8712A7DE27A5A0D590DB520169E62A8CD330D2AAB93 9EFAA723C5D97E00A2DFE457BCA138CAF6077024EAAE346730F it only shows that I have paid in 0.008 BTC, when in fact I've paid in 0.08 BTC. Could you please fix this display error? A floating point variable or some data polling code may be messed up.

Okay, sorry about that - pool's memory cache didn't flush properly. A proper bounty is appearing now (0.064 - 80% of 0.08 as per norm). I will add memory clearing functionality for that use case to my TODO list.

Wait so I need to pay 0.02 BTC more to get to the minimum 0.08 BTC requirement for an address with 8 specified characters? I wish I was notified first. Please clarify before I deposit such an amount.

[ThePiachu]

Wait so I need to pay 0.02 BTC more to get to the minimum 0.08 BTC requirement for an address with 8 specified characters? I wish I was notified first. Please clarify before I deposit such an amount.

If the pool says the minimal fee is 0.01, then you need to send 0.01 to get the address into the public pool to be solved. Anything after that is a guideline - the more you pay the faster the miners will get to your work. Honest fee is an amount that would be fair to the miners in comparison to them mining blocks.

As I see from your link, your work is public, meaning that the miners can work on it and claim the reward.

[gyverlb]

Wait so I need to pay 0.02 BTC more to get to the minimum 0.08 BTC requirement for an address with 8 specified characters? I wish I was notified first. Please clarify before I deposit such an amount.

If the pool says the minimal fee is 0.01, then you need to send 0.01 to get the address into the public pool to be solved. Anything after that is a guideline - the more you pay the faster the miners will get to your work. Honest fee is an amount that would be fair to the miners in comparison to them mining blocks.

As I see from your link, your work is public, meaning that the miners can work on it and claim the reward.

My miners won't work on vanity pool if BTC or LTC mining is more profitable, I'm not sure about others but I don't see why they would act in any other way. The minimum fees don't work at all: there are below BTC/LTC profitability and probably below some other rewards on the pool.

It's not a surprise that there's a lot of work sitting on vanity pool for ages: there's no incentive to work on it. If you want the pool to be more successful, you should advise a price where mining with oclvanityminer is clearly more profitable than both BTC or LTC mining and make it clear to customers than below this price there's not much incentive for anyone to work for the reward. A way to check how much more reward an existing work need to become profitable would help clear up the queue too.

I'm not sure if your pool is in sync with what oclvanityminer can do (is it able to choose the theoretically most profitable method given the current work yet?). At least your minimum fees are largely undervalued and last time I checked the recommended fees could be lower on some of the longer patterns. LTC mining profitability is simple to compute: the mining hashrate is ~0.001 of BTC's and the current difficulty and BTC/LTC exchange rate are easy to query (at least I use these informations to switch between BTC/LTC mining automatically)..

[ThePiachu]

If you want the pool to be more successful, you should advise a price where mining with oclvanityminer is clearly more profitable than both BTC or LTC mining and make it clear to customers than below this price there's not much incentive for anyone to work for the reward.

At the moment the minimum fee is a fraction of the honest fee. The reason I did this was because a lot of addresses can be mined in parallel if they share the same public key (if one person orders a lot of vanity addresses simultaneously - this has happened before). This approach allows for people that want one or a hundred vanity addresses to be able to adjust their price accordingly. On the other hand, people that just want to be cheap will have their work sitting there forever. If I raise the minimum fee, this will hurt the bulk buyers, so I'd rather leave it to supply and demand. I guess I might start prompting people that have heavily underpaid works on the pool to send in a bit more money to get things moving.

[gyverlb]

If you want the pool to be more successful, you should advise a price where mining with oclvanityminer is clearly more profitable than both BTC or LTC mining and make it clear to customers than below this price there's not much incentive for anyone to work for the reward.

At the moment the minimum fee is a fraction of the honest fee. The reason I did this was because a lot of addresses can be mined in parallel if they share the same public key (if one person orders a lot of vanity addresses simultaneously - this has happened before). This approach allows for people that want one or a hundred vanity addresses to be able to adjust their price accordingly. On the other hand, people that just want to be cheap will have their work sitting there forever. If I raise the minimum fee, this will hurt the bulk buyers, so I'd rather leave it to supply and demand. I guess I might start prompting people that have heavily underpaid works on the pool to send in a bit more money to get things moving.

Most of the problems I find with the site are purely UI ones.

I think the details of how to profit from multiple works sharing the same public key are obscure for most. I understand the principle and could compute a fee profitable for miners but honestly I can't bother. Until now I never purchased anything because of that.

Each time I come to the site I have to look around to find out how to generate the data needed for a request too (there's not even a link on the request page): this doesn't help.

Multiple works aren't so easy to setup if you want to get a result for all of them: when some are found, the rest becomes less profitable to mine and miners eventually stop working on them. So a potential customer will certainly have to add to the original rewards possibly multiple times: this should be explained and made easy.

I'm not even sure that you can withdraw a request and get back your reward. This is not helping gaining customers: if I pay for a vanity address and find out later that it will never be found unless I pay much more did I lose my original payment for nothing if I can't/won't pay more?

[jaywaka2713]

Wait so I need to pay 0.02 BTC more to get to the minimum 0.08 BTC requirement for an address with 8 specified characters? I wish I was notified first. Please clarify before I deposit such an amount.

If the pool says the minimal fee is 0.01, then you need to send 0.01 to get the address into the public pool to be solved. Anything after that is a guideline - the more you pay the faster the miners will get to your work. Honest fee is an amount that would be fair to the miners in comparison to them mining blocks.

As I see from your link, your work is public, meaning that the miners can work on it and claim the reward.

Well that is odd cause the minimum fee is 0.08 BTC as listed on the site for an address with 8 characters. I specified an address starting with 17Strykes which has 8 characters (disregarding the 1 i suppose). I will continue to add more BTC to the address. As long as it is public I am happy. Also, today, 2 withdrawals of 0.01 BTC for a total of 0.02 BTC were made. Why?

[Blowfeld]

Well that is odd cause the minimum fee is 0.08 BTC as listed on the site for an address with 8 characters. I specified an address starting with 17Strykes which has 8 characters (disregarding the 1 i suppose). I will continue to add more BTC to the address. As long as it is public I am happy. Also, today, 2 withdrawals of 0.01 BTC for a total of 0.02 BTC were made. Why?

It seems as if vanitypool is having some trouble today.  I solved 1Hashing, but it isn't accepting my solution.  Maybe the deduction from 7Stryker is related to my problem.  Was your 20% fee already deducted?

ThePiachu said "the more you pay the faster the miners will get to your work".  That's true.  But below a certain threshold, few, if any, miners will spend cycles on your work.

The standard oclvanityminer client appears to work exclusively on the highest valued set of patterns.  At the present time, there are several patterns (about ten, I think) with higher values than what is showing for 7Stryker.  [So 7Stryker is probably not getting any attention, and won't get any attention for a while.]  For example, the group of keys with public key starting with 04C13D9C has a combined value of about 1500 satoshis per gigakey, as reported by the oclvanityminer client.  Your key has a value of 126 satoshis per gigakey.

Different miners will have different criteria, of course, but before the price dips to 126 satoshis per gigakey for Vanity Mining, I think most vanity miners will have switched back to conventional mining or turned off their miners due to cost of electricity.

[Blowfeld]

I think the vanityminer idea is a pretty cool idea.  The prices are so low, I'm not even close to making a profit, but I'm in experimental mode.  For new people like jaywaka2713, they don't really know whether or when miners will get to their work.

I would suggest a sort of bid/ask criteria.  (I privately mentioned something like this to ThePiachu, but he said he doesn't have time.)

One idea is to have miners work on posted requests, but allow the miner to put a price on their work.  "I've solved your hash, but I'd like to receive X.XX BTC for my work."  As with any other market, when bid and ask meet, the transaction takes place.  Here, however, the market is quite thin.  There may be multiple sellers of the solved hash, but there is only one possible buyer.

Maybe a better idea would be for miners to advertize their rate.  Something like "I'm only working on hashes valued at over 8000 satoshis per gigakey".

Customers also need a better idea of the difficulty of their pattern and the value they are offering to miners.

Did you know that a vanity address that starts with an upper case R-Z or a lower case letter is about 58 times harder than a vanity address of the same length that starts with a digit or an upper case A-P?  So, "1Stryker" or "17Stryker" would take about 2 months on my hardware, while "15tryker" would take about a day.

Just some ideas.