aurel57
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Activity: 1176
Merit: 1000
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February 01, 2015, 07:56:48 PM
Last edit: February 01, 2015, 08:37:45 PM by aurel57 |
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I moved a miner back for a while to check and see if payments are normal yet.
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No Gods or Kings. Only Bitcoin
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padrino
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Activity: 1428
Merit: 1000
https://www.bitworks.io
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February 01, 2015, 08:19:38 PM |
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I was paid a number of times yesterday, building up some now but overall it's been reasonable...
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aurel57
Legendary
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Activity: 1176
Merit: 1000
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February 01, 2015, 08:38:51 PM |
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I was paid a number of times yesterday, building up some now but overall it's been reasonable...
Thanks I see the pool has found 4 blocks the last 2 days so that should help. |
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Biffa
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Activity: 3220
Merit: 1220
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February 02, 2015, 12:15:32 AM |
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I was paid a number of times yesterday, building up some now but overall it's been reasonable...
Thanks I see the pool has found 4 blocks the last 2 days so that should help. Amount of BTC pending to be paid: 124.98032482 |
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padrino
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Activity: 1428
Merit: 1000
https://www.bitworks.io
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February 02, 2015, 01:25:36 PM |
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I was paid a number of times yesterday, building up some now but overall it's been reasonable...
Thanks I see the pool has found 4 blocks the last 2 days so that should help. Amount of BTC pending to be paid: 124.98032482 How do you pull that out? Looked around the site but don't see anything.. Received my back payout overnight so still pushing 60Th/s+ at them.. |
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aurel57
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Activity: 1176
Merit: 1000
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February 02, 2015, 01:47:37 PM |
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I was paid a number of times yesterday, building up some now but overall it's been reasonable...
Thanks I see the pool has found 4 blocks the last 2 days so that should help. Amount of BTC pending to be paid: 124.98032482 How do you pull that out? Looked around the site but don't see anything.. Received my back payout overnight so still pushing 60Th/s+ at them.. Just go to bottom of the dashboard page and you will find the list of blocks found and can see how many are waiting to get 100+ confirms so they can use the coins for payout. |
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Pautado
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Activity: 29
Merit: 0
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February 02, 2015, 02:15:09 PM |
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padrino
Legendary
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Activity: 1428
Merit: 1000
https://www.bitworks.io
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February 02, 2015, 02:49:09 PM |
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Very cool, that makes more sense.. |
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rkinnin
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February 02, 2015, 07:52:06 PM |
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anyone get payments?
I have two accounts at BAN....One got paid, so far. :-) the other account got paid up too. |
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rkinnin
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February 02, 2015, 07:55:54 PM |
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Very cool, that makes more sense.. thats neat. |
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aurel57
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Activity: 1176
Merit: 1000
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February 02, 2015, 08:46:48 PM |
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Very cool, that makes more sense.. Well I guess I was talking about how much BTC the pool mined and was waiting to confirm so they could payout payments. The pending payments is what the pool owes. That number is not all correct as the pool has a large amount of its own miners which I would think do not get paid and its coins just stay in the pool. |
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PatMan
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February 02, 2015, 09:06:21 PM |
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That number is not all correct as the pool has a large amount of its own miners which I would think do not get paid and its coins just stay in the pool.
If that were true, there wouldn't be page after page of complaints about missing/late payments - amongst other things...... Nice to see s0br & co being as transparent as ever with updates & explanations here.....  |
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aurel57
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Activity: 1176
Merit: 1000
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February 02, 2015, 11:54:46 PM |
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That number is not all correct as the pool has a large amount of its own miners which I would think do not get paid and its coins just stay in the pool.
If that were true, there wouldn't be page after page of complaints about missing/late payments - amongst other things...... Nice to see s0br & co being as transparent as ever with updates & explanations here..... I guess what I meant by large amount is maybe 10-30% depending on how much he has rented at anytime. I notice when payments are not coming on a regular bases that the renting of rigs is also absent. Also when I said I felt his miners coins stayed in the pool I should have said that I would think those coins are used to make payments or for his renting of rigs. I guess what I was trying to point out was that all the coins due for payouts are not 100% due to outside miners. |
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swoop_ds
Newbie
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Activity: 15
Merit: 0
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February 03, 2015, 07:05:09 PM |
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Is this how it goes if the pool doesn't find a block for a long time?
I just bought a miner and this is the first pool I've tried.
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tlhIlwI
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February 03, 2015, 08:05:28 PM |
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It looks like my payout is behind about 0.11 at the moment. There was a long gap in payout from 1/22 to 1/29 thanks to the bad luck, then payments resumed from 1/29 to 2/1. After that they stopped again. I was shocked to find my one of my miners in the block find email from BAN this morning-- I've only been mining for 3 weeks!
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jonnybravo0311
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Activity: 1344
Merit: 1023
Mine at Jonny's Pool
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February 03, 2015, 08:53:40 PM |
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Is this how it goes if the pool doesn't find a block for a long time?
I just bought a miner and this is the first pool I've tried.
It's one of the biggest downsides to a PPS pool. Unless the pool has a very significant amount of BTC held as a reserve there will be times the pool simply cannot afford to pay you because of bad luck. Nobody talks about the elephant in the room, but there it is. |
Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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aurel57
Legendary
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Activity: 1176
Merit: 1000
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February 03, 2015, 10:00:23 PM |
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Is this how it goes if the pool doesn't find a block for a long time?
I just bought a miner and this is the first pool I've tried.
It's one of the biggest downsides to a PPS pool. Unless the pool has a very significant amount of BTC held as a reserve there will be times the pool simply cannot afford to pay you because of bad luck. Nobody talks about the elephant in the room, but there it is. jonnybravo0311 your right but the pool had a nice reserve as far as I know, but the pools wallet was compromised 2 times and lost over 100+ BTC. I have chatted with the pool operator a few times and I believe him. Me believing him will not help him dig out of the hole of the payments after the 5 days of very bad luck and no blocks. But after finding 5 blocks in 3 days it seems the pool has caught up on payments again. I have been mining a little to check on payments as I really like a PPS pool with no fee as long as my payments come on time. |
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kano
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Activity: 4480
Merit: 1800
Linux since 1997 RedHat 4
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February 04, 2015, 12:07:03 AM |
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Is this how it goes if the pool doesn't find a block for a long time?
I just bought a miner and this is the first pool I've tried.
It's one of the biggest downsides to a PPS pool. Unless the pool has a very significant amount of BTC held as a reserve there will be times the pool simply cannot afford to pay you because of bad luck. Nobody talks about the elephant in the room, but there it is. jonnybravo0311 your right but the pool had a nice reserve as far as I know, but the pools wallet was compromised 2 times and lost over 100+ BTC. I have chatted with the pool operator a few times and I believe him. Me believing him will not help him dig out of the hole of the payments after the 5 days of very bad luck and no blocks. But after finding 5 blocks in 3 days it seems the pool has caught up on payments again. I have been mining a little to check on payments as I really like a PPS pool with no fee as long as my payments come on time. However, as was stated in the beginning, this is statistically expected. The pool will get a negative balance every so often due to bad luck, even when paying out 0% extra on PPS - let alone when paying 10% more ... It's statistical fact ... and 100BTC is a small amount in the given situation ... that's only 4 blocks ... a single 500% block needs more than 100BTC in reserve to payout everyone on that one block. A single rare 800% block needs more than 175BTC in reserve just to payout that one block ... Luck is a measure of the past, and just coz you find a very bad luck block, doesn't mean you can expect to EVER recover that bad luck. You may, and you may not ever. Again, as stated, that's why PPS pools charge a higher fee than other pools ... for all the PPS pools that haven't crashed and burned. If they don't, then they need to be regularly giving miners BTC out of their own pocket ... Add 26 pool servers and a large amount of mining hardware that may not be covering it's costs ... and ... well ... the rest is actually expected, not unlikely. |
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purpl3haze
Newbie
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Activity: 32
Merit: 0
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February 04, 2015, 01:02:42 AM |
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lol they deleted my .056 balance without paying
definitely not ever coming back here again
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aurel57
Legendary
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Activity: 1176
Merit: 1000
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February 04, 2015, 10:08:31 AM |
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lol they deleted my .056 balance without paying
definitely not ever coming back here again
On your dashboard page click on the payment history link and see what it shows. The pool has had its issues, but I have never seen this happen to anybody else? You better make sure your wallet address is correct. |
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