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

[aurel57]

The pool is 125BTC behind in payments and it keeps getting worse.

And it reports 4PH/s... payouts get further and further behind, yet people continue to mine on the pool.  Unreal.

Yes it is unreal.

[jonnybravo0311]

LOL. Maybe .....Really? and I should get together and start a pool... he's good at making announcements and providing support threads

[aurel57]

LOL. Maybe .....Really? and I should get together and start a pool... he's good at making announcements and providing support threads

Its can only be better... 

[aurel57]

Just a update.... 


Time since last payment sent: 2 days, 11 hours, 50 minutes, 5 seconds.
We've paid out 0.00000000 Bitcoin to our miners in the past 24 hours.
We've paid out 70.05517663 Bitcoin to our miners in the past 3 days.
We've paid out 144.43682243 Bitcoin to our miners in the past 7 days.
We've paid out 444.75124986 Bitcoin to our miners in the past 14 days.
Our combined oustanding balance in queue to be paid is 167.39836714 Bitcoin.
There are 1 mined blocks waiting to mature, totalling 25 Bitcoin
Height: 351403 Confirmations: 39

[aarons6]

my last payout from them was 7 days 18 hours ago. i moved my miners, but they still owe me a balance.

[aurel57]

my last payout from them was 7 days 18 hours ago. i moved my miners, but they still owe me a balance.

I hope you get paid, but it just seems its time to stick a fork in it.

[no141]

What I'm truly not understanding is why are blocks taking so much time and effort? Since the beginning of the year there have been four blocks found that required more than 200,000,000,000 shares to find. I compare that to bitminter, and they didn't have one that bad. So are the shares being calculated differently at the two pools or does BitAffNet just have awful luck some of the time, probably due to pool jumping?

The more recent you go the worse it looks, but luck has not been around for four weeks according to the stats. And past 12 months is showing a 10% bonus, now 1% bonus, is and was impossible. A 2.06% fee since the beginning might have the pool decent, but that still doesn't even pay for any of the nodes around the world.

Last 24 Hours   284.48%
Last 7 Days   160.15%
Last 2 Weeks   132.64%
Last 4 Weeks   114.09%
Past 12 Months   102.06%

[aurel57]

What I'm truly not understanding is why are blocks taking so much time and effort? Since the beginning of the year there have been four blocks found that required more than 200,000,000,000 shares to find. I compare that to bitminter, and they didn't have one that bad. So are the shares being calculated differently at the two pools or does BitAffNet just have awful luck some of the time, probably due to pool jumping?

The more recent you go the worse it looks, but luck has not been around for four weeks according to the stats. And past 12 months is showing a 10% bonus, now 1% bonus, is ans was impossible. A 2.06% fee since the beginning might have the pool decent, but that still doesn't even pay for any of the nodes around the world.

Last 24 Hours   284.48%
Last 7 Days   160.15%
Last 2 Weeks   132.64%
Last 4 Weeks   114.09%
Past 12 Months   102.06%

PPS pools are the most vulnerable to cheats

[jammers]

i think a lot of rig rentals gets pointed there, as the pool hash rate varies wildly from 2 - nearly 6 ph, combined with people piling on hashing power when the pool's on top of itself, and then moving it when the payments aren't going out on time, only to move it back then when it gets cleared.

I'm waiting to get paid too, but still waiting and seeing what happens. I've been mining on the pool through good and bad since October, and my review was updated a while ago to change the regularity of earnings from 5 to 1, and a note mentioning the issues. but right now its down under 1.4phs with less than 1000 workers. So two effects there, less hashes to go towards finding blocks, but also will slow down the liability growing as fast as it has been.

[aarons6]

i think a lot of rig rentals gets pointed there, as the pool hash rate varies wildly from 2 - nearly 6 ph, combined with people piling on hashing power when the pool's on top of itself, and then moving it when the payments aren't going out on time, only to move it back then when it gets cleared.

I'm waiting to get paid too, but still waiting and seeing what happens. I've been mining on the pool through good and bad since October, and my review was updated a while ago to change the regularity of earnings from 5 to 1, and a note mentioning the issues. but right now its down under 1.4phs with less than 1000 workers. So two effects there, less hashes to go towards finding blocks, but also will slow down the liability growing as fast as it has been.

this is the downside of a PPS pool.. specially one with NO FEE..

if someone puts in a ton of hash for a short time, but no blocks are found during that time, the pool loses funds that it can never recover..

it did say in the faq tho (not sure if its still there) that if someone put hash from rentals in the pool their account will be closed and the funds forfeited.. but i guess they arent doing that.

[aurel57]

i think a lot of rig rentals gets pointed there, as the pool hash rate varies wildly from 2 - nearly 6 ph, combined with people piling on hashing power when the pool's on top of itself, and then moving it when the payments aren't going out on time, only to move it back then when it gets cleared.

I'm waiting to get paid too, but still waiting and seeing what happens. I've been mining on the pool through good and bad since October, and my review was updated a while ago to change the regularity of earnings from 5 to 1, and a note mentioning the issues. but right now its down under 1.4phs with less than 1000 workers. So two effects there, less hashes to go towards finding blocks, but also will slow down the liability growing as fast as it has been.

this is the downside of a PPS pool.. specially one with NO FEE..

if someone puts in a ton of hash for a short time, but no blocks are found during that time, the pool loses funds that it can never recover..

it did say in the faq tho (not sure if its still there) that if someone put hash from rentals in the pool their account will be closed and the funds forfeited.. but i guess they arent doing that.

if someone puts in a ton of hash for a short time, but no blocks are found during that time, the pool loses funds that it can never recover..

This does not make sense to me.... as even with a large amount of hash as you state for a "short time"  the pool will not be on the hook for a lot of coin and if the pool gets a lucky streak the pool could recover. What makes it hard to recover is the hacks of the pools wallet, the paying of the 10% bonus(now 1%), charging no fee and a prolong bad luck streak. Now I can understand the OP using the pool as a loss leader for another business purpose and this is what was always said what the purpose of the pool was, but no other business has come along, so as stand alone pool can not profitable and the late/missing payments show it.

As far as the rentals I think is the past rentals were finding a way to take advantage of the pool and they were stopped, but I believe they were allowed again later once something was changed.

EDIT: Our combined oustanding balance in queue to be paid is 191.80840895 Bitcoin.  

also  the pool is paying for a lot of servers...

Use one of the following servers if the geo server doesn't work for you or as a backup.
stratum+tcp://west2.bitcoindigger.com:3333 (Northern California)
stratum+tcp://sanfrancisco.bitcoindigger.com:3333 (San Francisco)
stratum+tcp://losangeles.bitcoindigger.com:3333 (Los Angeles, CA)
stratum+tcp://fremont.bitcoindigger.com:3333 (Fremont, CA)
stratum+tcp://east1.bitcoindigger.com:3333 (Virginia)
stratum+tcp://east2.bitcoindigger.com:3333 (New York, NY)
stratum+tcp://newjersey.bitcoindigger.com:3333 (New Jersey, NJ)
stratum+tcp://miami.bitcoindigger.com:3333 (Miami, Florida)
stratum+tcp://ireland.bitcoindigger.com:3333 (Ireland)
stratum+tcp://london.bitcoindigger.com:3333 (UK)
stratum+tcp://paris.bitcoindigger.com:3333 (Paris, France)
stratum+tcp://frankfurt.bitcoindigger.com:3333 (Frankfurt, Germany
stratum+tcp://amsterdam.bitcoindigger.com:3333 (Netherlands)
stratum+tcp://amsterdam2.bitcoindigger.com:3333 (Netherlands)
stratum+tcp://amsterdam3.bitcoindigger.com:3333 (Netherlands)
stratum+tcp://tokyo.bitcoindigger.com:3333 (Tokyo, JP)
stratum+tcp://sydney.bitcoindigger.com:3333 (Sydney, AU)
stratum+tcp://singapore.bitcoindigger.com:3333 (Singapore)
stratum+tcp://saopaulo.bitcoindigger.com:3333 (Sao Paulo, Brazil)

[aarons6]

Our combined outstanding balance in queue to be paid is 203.35684919 Bitcoin.

that's almost 50,000$

[aurel57]

Our combined outstanding balance in queue to be paid is 203.35684919 Bitcoin.

that's almost 50,000$

Yes but a lot of that is due to the pool's miners as I am sure the pools is most the hash right now.

The most disturbing thing I see right now is the pool has found a block a day the last 3 days. It only shows @12 BTC paid out over the last 3 days and no payouts in the last 24 hours. Also there no blocks to be confirmed not even the one that was found yesterday? So now where are the blocks going?

[no141]

Our combined outstanding balance in queue to be paid is 203.35684919 Bitcoin.

that's almost 50,000$

Yes but a lot of that is due to the pool's miners as I am sure the pools is most the hash right now.

The most disturbing thing I see right now is the pool has found a block a day the last 3 days. It only shows @12 BTC paid out over the last 3 days and no payouts in the last 24 hours. Also there no blocks to be confirmed not even the one that was found yesterday? So now where are the blocks going?

The last two blocks found are still sitting around in their block payout address:
https://www.blocktrail.com/BTC/address/3JRsVzTYQGmcuHcfBboZ3U3emsrcFktTZx
https://www.blocktrail.com/BTC/address/3ANNmTrxJQvTyS6P9APinGu1xLdVxKeqYN

The one before that, is questionable on who holds most of the value now:
https://www.blocktrail.com/BTC/address/3E6RbfX17JAz4bRmLyfEY82XMspF5ePNn7

Looks like I might have to sit around on the irc channel, if s0br asks who wants to be paid. I say this, because odds are 50btc, might not be enough to run what ever automatic setup there is. But if two more block were found, I think a normal payout run would be made.

[aarons6]

We've paid out 62.10058986 Bitcoin to our miners in the past 24 hours.
Our combined oustanding balance in queue to be paid is 188.53960330 Bitcoin.


i guess i wasnt part of this payout.. going on 13 days for me.

[jammers]

I just got my old difficulty paid today in full, not a huge amount but thought I'd let people know. they paid 75 btc today

[aurel57]

We've paid out 62.10058986 Bitcoin to our miners in the past 24 hours.
Our combined oustanding balance in queue to be paid is 188.53960330 Bitcoin.


i guess i wasnt part of this payout.. going on 13 days for me.

It looks like they have paid out some more since your post and they still have one block waiting to confirm so maybe you will get paid soon....

We've paid out 75.76732193 Bitcoin to our miners in the past 24 hours.

Our combined oustanding balance in queue to be paid is 176.35968324 Bitcoin.
There are 1 mined blocks waiting to mature, totalli

[no141]

Now up to 87.51579478 in the last 24 hours, with 168.45668773 in the queue. I'm in that queue for both the current and previous difficulties.

Currently, the pool has one untouched block(25btc), and the 13.45btc balance of the last block before that, as funds.

[gupik65]

Pool URL: https://mining.bitcoinaffiliatenetwork.com
Signup at: https://mining.bitcoinaffiliatenetwork.com/index.php?page=register
Blocks: https://www.blocktrail.com/BTC/pool/bitaffnet
Payment System: PPS + 10% Bonus.
Payment Intervals: 1,2,4,8,12,24 hours.
Merged Mining: Currently NMC (PPS)

A team of us have been actively developing what we consider is technically the most accurate/transparent/profitable pool in existence.

We're transparent. We're accurate. How can we prove that?

Use your miner's statistics... not ours... to determine what your payout should be. Our pool statistics should only be second to yours.

Example:



Step 1...

This user is using a 2 TH Prospero X3 kit. Hashrate 2,030GH/s.



Using a difficulty calculator one can determine that this hashing speed should yield: 0.001074 BTC per hour.
(2030 GH/s plugged into https://bitcoinwisdom.com/bitcoin/difficulty at network difficulty 39603666252)

Step 2...

Miner configures their account to pay every 2 hours at our mining pool.

Step 3...

Observe payments coming in....



* Note: It's important for us to be able to pay you at exactly the interval you specify plus or minus a few seconds. This reason being is that this makes it easy for you to visually see that you're getting paid what you're supposed to.

Based on expected return of 0.001074 BTC per hour... since this user specified to be paid every 2 hours... the earnings should be 0.002148 BTC. In the image above you can easily see that the payouts performed were very very close.

We also give you the average hash rate (calculated from the shares submitted by your miner) between each payment interval. We do this because it'll allow you to see easily verify that we've been accurately counting/paying the shares you've submitted throughout the entire day.

How do we stack up against other pools?

One of our users did a 7 day test comparing our mining pool payouts to the following pools: (Ranked in order of highest paying to lowest paying)

1. BitAffnet
2. Eligius
3. Ghash.io
4. f2pool (discusfish)
5. eclipse
6. BTC Guild
7. Bitcoin.CZ

View here: http://bluebearnc.com/comparing-mining-pools/

So what's there for any miner to risk trying us out? Give us one hour of some of your hash rate and see the numbers for yourself.

You're welcome.

-BitAffNet


Quick glance at some features...

We offer a realtime time lapse graph of your workers. It updates every 5 seconds.



We have a very accurate work information box that also updates every 5 seconds.



Round progress... I know we've grown tired of looking at a simple % indicator for indicating progress so we're now showing the top difficulty shares submitted in the current round thus far...



And a quick payment information summary box...



Our global stratum network...

New! Stratum geo server. It automatically selects the closest server to your location.
stratum+tcp://geo.bitcoindigger.com:3333
stratum+tcp://geo2.bitcoindigger.com:3333

See our geo stratum dns resolution work here: https://www.whatsmydns.net/#A/geo.bitcoindigger.com

New! Port selection
Port 3333 for vardiff (default)
Port 3334 for maximum 512 difficulty (for slow miners < 750 GH/s)
Port 3335 for fixed 2048 difficulty (recommended for S4 and Dragon miners)
Port 3336 for fixed 8192 difficulty (future use)

* Special: shanghai.bitcoindigger.com:80 is open for miners in China having firewall problems.

Use one of the following servers if the geo server doesn't work for you or as a backup.
stratum+tcp://west1.bitcoindigger.com:3333 (Phoenix)
stratum+tcp://west2.bitcoindigger.com:3333 (Northern California)
stratum+tcp://sanfrancisco.bitcoindigger.com:3333 (San Francisco)
stratum+tcp://fremont.bitcoindigger.com:3333 (Fremont, CA)
stratum+tcp://dallas.bitcoindigger.com:3333 (Dallas, TX)
stratum+tcp://chicago.bitcoindigger.com:3333 (Chicago, Illinois)
stratum+tcp://georgia.bitcoindigger.com:3333 (Atlanta, Georgia)
stratum+tcp://east1.bitcoindigger.com:3333 (Virginia)
stratum+tcp://east2.bitcoindigger.com:3333 (New York, NY)
stratum+tcp://newjersey.bitcoindigger.com:3333 (New Jersey, NJ)
stratum+tcp://nyiix.bitcoindigger.com:3333 (IX, Telehouse - New York)
stratum+tcp://nyiix2.bitcoindigger.com:3333 (IX, Telehouse - New York)
stratum+tcp://miami.bitcoindigger.com:3333 (Miami, Florida)
stratum+tcp://ireland.bitcoindigger.com:3333 (Ireland)
stratum+tcp://london.bitcoindigger.com:3333 (UK)
stratum+tcp://paris.bitcoindigger.com:3333 (Paris, France)
stratum+tcp://amsterdam.bitcoindigger.com:3333 (Netherlands)
stratum+tcp://amsterdam2.bitcoindigger.com:3333 (Netherlands)
stratum+tcp://shanghai.bitcoindigger.com:3333 (Shanghai, CN)
stratum+tcp://tokyo.bitcoindigger.com:3333 (Tokyo, JP)
stratum+tcp://tokyo2.bitcoindigger.com:3333 (Tokyo, JP 2nd DC)
stratum+tcp://sydney.bitcoindigger.com:3333 (Sydney, AU)
stratum+tcp://sydney2.bitcoindigger.com:3333 (Sydney, AU 2nd DC)
stratum+tcp://singapore.bitcoindigger.com:3333 (Singapore)
stratum+tcp://singapore2.bitcoindigger.com:3333 (Singapore, 2nd DC)
stratum+tcp://saopaulo.bitcoindigger.com:3333 (Sao Paulo, Brazil)

I can not register writes When open registration
https://mining.bitcoinaffiliatenetwork.com/index.php?page=register

[aurel57]

I can not register writes When open registration
https://mining.bitcoinaffiliatenetwork.com/index.php?page=register

Registration is closed. Consider yourself lucky that it is. And that is not the only non truth on the first page. To many good pools to mess with this one even if you could register.