[BitAffNet] How we're the #1 Bitcoin Mining Pool In The World (or so we thought)

[aurel57]

Yes, I see NMC was paid and the amount reset. Doge waiting still.

Seems the nodes are having issues worldwide. My miners changed pools and came back, but they are still not up to speed.

Edit: after a few hiccups, pretty much back to speed.

I see DOGE coins must have now been paid out as my amount reset. I moved all my miners back here but one that I have left at Kano's pool.

[no141]

Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?

[aurel57]

Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?

s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC.

[tlhIlwI]

I'm remaining cautious while watching this pool a little longer.  At the moment my miners are at WestHash and Kano, but I did set this pool up as a backup pool.  If things remain healthy here then I'll move one of my miners back in a week or so.  I will not be moving the whole rig back though.

How did everyone survive yesterday's difficulty change?  Has that problem with payment calculation been verified as fixed?

[aurel57]

I'm remaining cautious while watching this pool a little longer.  At the moment my miners are at WestHash and Kano, but I did set this pool up as a backup pool.  If things remain healthy here then I'll move one of my miners back in a week or so.  I will not be moving the whole rig back though.

How did everyone survive yesterday's difficulty change?  Has that problem with payment calculation been verified as fixed?

To me it was a non issue as my payments were current and I get paid every two hours so at the most it would have only effected a very small portion of my payments. (But s0br said it was fixed)

[jonnybravo0311]

For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash?  Currently you're only going to get 0.0008975BTC per TH.  Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.

[no141]

For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash?  Currently you're only going to get 0.0008975BTC per TH.  Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.

I learned to manage my little pieces after having a massive darkcoin transaction that would never propagate. That massive transaction size was fixed in a more recent version.

The payout per share changed from:
0.0000000005623611
To:
0.0000000005355110

And payouts on btc are once again behind.

[aurel57]

For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash?  Currently you're only going to get 0.0008975BTC per TH.  Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.

I learned to manage my little pieces after having a massive darkcoin transaction that would never propagate. That massive transaction size was fixed in a more recent version.

The payout per share changed from:
0.0000000005623611
To:
0.0000000005355110

And payouts on btc are once again behind.

Yes they are behind again.

Payment in full just came thru

[aurel57]

For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash?  Currently you're only going to get 0.0008975BTC per TH.  Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.

When I have spent coin I have not noticed a problem yet. It use to be when I first started about 2 years ago on Slush I had my payout set at .25 but as difficulty keeps going up I think you will see more miners taking smaller payments.

[jonnybravo0311]

For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash?  Currently you're only going to get 0.0008975BTC per TH.  Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.

When I have spent coin I have not noticed a problem yet. It use to be when I first started about 2 years ago on Slush I had my payout set at .25 but as difficulty keeps going up I think you will see more miners taking smaller payments.

Maybe I'm missing something... is there a minimum payout threshold you can set or is it only the time-based one?  Since 1TH/s expects to earn 0.01077BTC a day right now, that means breaking that payment into 12 pieces - so you get your payments every 2 hours - gets you the number from my post you quoted.  At the end of the day, sure you've got the same total number of coins, but the inputs to get there are 12 times more.  More inputs, the larger the size of the data in your transaction.  The larger the data, the more you pay out in transaction fees.

[aurel57]

For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash?  Currently you're only going to get 0.0008975BTC per TH.  Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.

When I have spent coin I have not noticed a problem yet. It use to be when I first started about 2 years ago on Slush I had my payout set at .25 but as difficulty keeps going up I think you will see more miners taking smaller payments.

Maybe I'm missing something... is there a minimum payout threshold you can set or is it only the time-based one?  Since 1TH/s expects to earn 0.01077BTC a day right now, that means breaking that payment into 12 pieces - so you get your payments every 2 hours - gets you the number from my post you quoted.  At the end of the day, sure you've got the same total number of coins, but the inputs to get there are 12 times more.  More inputs, the larger the size of the data in your transaction.  The larger the data, the more you pay out in transaction fees.

No your right as its time base a miners chooses.  I knew the transaction fees are higher if you have a lot of inputs to make up the coin your spending but so far the coins I have spent I really have not notice a high fee yet? I guess I am not sure what is normal or what is high? 

[jonnybravo0311]

For the folks that have their payouts coming every 2 hours... do you have a pretty significant amount of hash?  Currently you're only going to get 0.0008975BTC per TH.  Seems like you're going to get hammered by transaction fees when you ever try to spend those coins because of the combination of so many inputs.

When I have spent coin I have not noticed a problem yet. It use to be when I first started about 2 years ago on Slush I had my payout set at .25 but as difficulty keeps going up I think you will see more miners taking smaller payments.

Maybe I'm missing something... is there a minimum payout threshold you can set or is it only the time-based one?  Since 1TH/s expects to earn 0.01077BTC a day right now, that means breaking that payment into 12 pieces - so you get your payments every 2 hours - gets you the number from my post you quoted.  At the end of the day, sure you've got the same total number of coins, but the inputs to get there are 12 times more.  More inputs, the larger the size of the data in your transaction.  The larger the data, the more you pay out in transaction fees.

No your right as its time base a miners chooses.  I knew the transaction fees are higher if you have a lot of inputs to make up the coin your spending but so far the coins I have spent I really have not notice a high fee yet? I guess I am not sure what is normal or what is high? 

The typical fee that is sent along with a transaction is 0.0001BTC per kilobyte of data.  As you add more and more inputs to the transaction, the size of the payload goes up, and you pay fees accordingly.  To see the effect, use manual coin control on you wallet and play around using different inputs to send coins.  You'll quickly see that lots of small value inputs will add up to larger fees.

Given our example here, if you get paid every 2 hours, you're going to have 12 inputs into a send transaction of 0.01BTC.  If you get paid every 24 hours, that same transaction is a single input.

[rkinnin]

Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?

s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC.

where do you convert them? 

would I need to first set up a DOGE Wallet??  If so, suggestions???

[Biffa]

Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?

s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC.

where do you convert them? 

would I need to first set up a DOGE Wallet??  If so, suggestions???

Alot of people use Cryptsy.com

[no141]

Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?

s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC.

where do you convert them? 

would I need to first set up a DOGE Wallet??  If so, suggestions???

If you rather hold them for a bit, MultiDoge is the lite wallet that I use, find it at MultiDoge.org

[no141]

Is this node alive?
stratum+tcp://shanghai.bitcoindigger.com:3333 (Shanghai, CN)

[aurel57]

Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?

s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC.

where do you convert them?  

would I need to first set up a DOGE Wallet??  If so, suggestions???

I just send DOGE and NMC to my CEX.IO account and once I have enough I convert them for BTC.

I would have answered sooner but my internet has been down the last 12 hours. CenturyLink Sucks

[rkinnin]

Yep, got paid in in the last 12 hours by all three coins. Very glad to see everything working. Still don't know where the Doge actually comes from, but it's an extra something. Does the pool actually practice merge mining with the other coins like Ixcoin, Devcoin, I0coin and Groupcoin, then sell them off to get the Doge?

s0br said the pool is not merge mining the DOGE coins (it is a Scrypt coin) and he just gives them out as a extra and treats them as a tip coin, that is why they are listed under "Bonus Coins". They are not worth much and I just have them converted to BTC as I do with the NMC.

where do you convert them?  

would I need to first set up a DOGE Wallet??  If so, suggestions???

I just send DOGE and NMC to my CEX.IO account and once I have enough I convert them for BTC.

I would have answered sooner but my internet has been down the last 12 hours. CenturyLink Sucks

I do have a CEX account.....good suggestion.  thank you.

[hedgy73]

My asicminer tube has not been able to connect to the pool today using geo.bitcoindigger.com or any other local stratum. It mines for about 30-45 seconds at a time before resetting and on my dashboard I'm seeing 0 GH/s as mining speed. Does anyone know if there's a problem with allowing the asicminer tube to mine because up until now its been fine. Pool stats show 2.85 PH so looks like the pools working ok for many.

EDIT: It's working again now .

[Biffa]

Database down?