BITMAIN announces Antpool

[Fatman3001]

WTF AntPool.  Your performance is in the dirt.  Obviously there is a problem other than bad luck.  It would be nice if you would tell us something.

I knew someone just wouldn't be able to keep their mouths shut.  No complaints over the last 2 weeks where luck was above average, but the one day with a few tough blocks and the sky is falling.  Why don't you complain when Antpool finds 10 to 15 extra blocks then it should in a day?

I'm generally ok with that. It doesn't bother me that much.

[TracerX]

WTF AntPool.  Your performance is in the dirt.  Obviously there is a problem other than bad luck.  It would be nice if you would tell us something.

I knew someone just wouldn't be able to keep their mouths shut.  No complaints over the last 2 weeks where luck was above average, but the one day with a few tough blocks and the sky is falling.  Why don't you complain when Antpool finds 10 to 15 extra blocks then it should in a day?

My complaint is mainly that AntPool never gives any kind of status updates.  They could be on fire and we wouldn't know.

You did not look too hard.   https://bitcointalk.org/index.php?topic=855548.msg12382858#msg12382858

Seriously.....  They dropped like 10PH for several hours yesterday.  Recently not staying up with confirmations and late payouts.

I would be understanding if they would keep us informed.

Slow updates and "late" payout are pretty common--this isn't anything new.  I've been using this pool for over a year and this is all normal.  They've even lost PH over a week and then back--literally nothing here is new.

You're always the guy to complain.  If you're not happy, go mine somewhere else.

[willi9974]

What for a bad luck :-(

[TTravis]

I've run many servers over the past 25 years.  I have had my share of problems and always find it best to keep my customers informed, even when the news is not good.  I would think that AntPool could/should do the same if they want to attract people to use their pool and keep them.  I know they are a different culture than what I am use to here in the USA, but that won't stop me from being critical from time to time.  As I pointed out, I am not always critical.  I even tried to help them when they had their DDOS problems.

Pools, hardware manufactures, and other bitcoin companies come and go all the time.  BitMain is no different.  They just happen to be one of the biggest players right now.  I've bought a lot of their equipment and have experience working with their support staff.  I don't do all my mining with AntPool, but I do have several AntMiner machines on their pool so I watch their performance and constantly evaluate what is best for me.  When I don't think things are what they should be, I won't hesitate to say something because in this country, I am free to do so.  In this age, there is no excuse for not keeping customers uninformed.

I am not the type of person that complains at every opportunity.  I wish BitMain and AntPool well so we may all be successful.  I only complain because I want to see them do better.  I also try to praise from time to time when things go well.

[-droid-]

Thats why you have the option of PPS.. yeah the 2% fee sucks, but your shielded from the bad luck days.. which seem abundant lately

[Fatman3001]

I've run many servers over the past 25 years.  I have had my share of problems and always find it best to keep my customers informed, even when the news is not good.  I would think that AntPool could/should do the same if they want to attract people to use their pool and keep them.  I know they are a different culture than what I am use to here in the USA, but that won't stop me from being critical from time to time.  As I pointed out, I am not always critical.  I even tried to help them when they had their DDOS problems.

Pools, hardware manufactures, and other bitcoin companies come and go all the time.  BitMain is no different.  They just happen to be one of the biggest players right now.  I've bought a lot of their equipment and have experience working with their support staff.  I don't do all my mining with AntPool, but I do have several AntMiner machines on their pool so I watch their performance and constantly evaluate what is best for me.  When I don't think things are what they should be, I won't hesitate to say something because in this country, I am free to do so.  In this age, there is no excuse for not keeping customers uninformed.

I am not the type of person that complains at every opportunity.  I wish BitMain and AntPool well so we may all be successful.  I only complain because I want to see them do better.  I also try to praise from time to time when things go well.

What's been annoying me about the entire Bitcoin mining field is that the bar has been set so low by outright scams and companies like BFL, KnC and Hashfast that the idea that the remaining companies are to be held to anything resembling high standards is seen as unrealistic and even foolish.

Bitmain is a company you can trust to deliver the goods in a timely fashion. In any other industry this would be a given, but in Bitcoin it's seen as a miracle. And I guess it is, since nobody else is selling current gen gear. But that also means that we are supposed to just nod and smile when they launch one insane pricing regime after another.

First they priced their machines in BTC, and everyone who didn't buy their machines agreed that this was a great way to support BTC as a currency. We who were buying saw that prices went up when BTC went up. However, BTC didn't go up for long and this pricing regime was starting to work for the customers, but that, of course (it is genuinely perfectly understandable), couldn't last. Now they've made it clear that they basically will follow BTC when the price goes up, but not down. It all makes perfect sense if you know the Bitcoin community and Bitcoin companies, but in any other industry this would be seen as exploitative pricing and close to or actually illegal, depending on the jurisdiction.

So to push Bitmain to inform its customers better and improve their services, even if TTravis can be a bit quick to pull the trigger from time to time, should be welcomed; or at least endured.

[Blawpaw]

I pretty much like this pool. Been using it since it opened and I believe that currently it is one of the best pools around.

[clgrissom3]

I pretty much like this pool. Been using it since it opened and I believe that currently it is one of the best pools around.

I agree.  It has been pretty hard to beat this pool over the long haul.  But I also agree that it is tolerable for those that get frustrated to air their frustrations from time to time.  Eventually anyone who hangs in there will realize that the average earnings over time in the AntPool will win over most other pools.

[btcash]

I pretty much like this pool. Been using it since it opened and I believe that currently it is one of the best pools around.

I wouldn't call a pool that caused a serious fork one the best pools. Supporting chinese pools can also be dangerous when they reach more than 50% of all hashing power.
BTW: ckpool and bitminter are more profitable:
http://organofcorti.blogspot.de/ (shared tx fees not included).

[eleuthria]

... I believe that currently it is one of the best pools around.

Your opinion/belief is objectively wrong.  Any pool that not only causes significant problems in the network due to using SPV mining instead of a fully validating node, but then states openly that they have no plan to stop doing so after it has been shown to be a problem, is not even close to one of the best pools around.  This isn't debatable, it is objectively damaging to the network for a major pool to be doing this.

[Fatman3001]

... I believe that currently it is one of the best pools around.

Your opinion/belief is objectively wrong.  Any pool that not only causes significant problems in the network due to using SPV mining instead of a fully validating node, but then states openly that they have no plan to stop doing so after it has been shown to be a problem, is not even close to one of the best pools around.  This isn't debatable, it is objectively damaging to the network for a major pool to be doing this.

Are they SPV mining? The entire pool? What's the point of that? They must have good fiber somewhere in Beijing or even Hong Kong?

[p3yot33at3r]

... I believe that currently it is one of the best pools around.

Your opinion/belief is objectively wrong.  Any pool that not only causes significant problems in the network due to using SPV mining instead of a fully validating node, but then states openly that they have no plan to stop doing so after it has been shown to be a problem, is not even close to one of the best pools around.  This isn't debatable, it is objectively damaging to the network for a major pool to be doing this.

+100 Well said!

And this is not the only pool that is damaging to the bitcoin network, f2pool, among others, are doing the same thing. There are so many misconceptions about mining & pools on this forum, it's astounding. I do wish people would research more before choosing a pool & making such statements - biggest is definitely not best in the Bitcoin mining ecosystem, & is especially true in this case.

I suggest miners here read this:  https://bitcointalk.org/index.php?topic=1085800.0

[Fatman3001]

... I believe that currently it is one of the best pools around.

Your opinion/belief is objectively wrong.  Any pool that not only causes significant problems in the network due to using SPV mining instead of a fully validating node, but then states openly that they have no plan to stop doing so after it has been shown to be a problem, is not even close to one of the best pools around.  This isn't debatable, it is objectively damaging to the network for a major pool to be doing this.

+100 Well said!

And this is not the only pool that is damaging to the bitcoin network, f2pool, among others, are doing the same thing. There are so many misconceptions about mining & pools on this forum, it's astounding. I do wish people would research more before choosing a pool & making such statements - biggest is definitely not best in the Bitcoin mining ecosystem, & is especially true in this case.

I suggest miners here read this:  https://bitcointalk.org/index.php?topic=1085800.0

I think most people mean "most profitable" when they say best. But antpools antisocial behavior is starting to push me away from it.

[kano]

Most people don't look at the pool payout history.
This one isn't the highest

[Fatman3001]

Most people don't look at the pool payout history.
This one isn't the highest

Could you point me to a good pool that supports XT?

[kano]

Most people don't look at the pool payout history.
This one isn't the highest

Could you point me to a good pool that supports XT?

Good pools don't support XT

[Fatman3001]

Most people don't look at the pool payout history.
This one isn't the highest

Could you point me to a good pool that supports XT?

Good pools don't support XT

LOL!

No, I guess we should leave that stuff to open-minded people like yourself.

[p3yot33at3r]

Most people don't look at the pool payout history.
This one isn't the highest

Could you point me to a good pool that supports XT?

Good pools don't support XT

 

Didn't XT die yet?

[Fatman3001]

Most people don't look at the pool payout history.
This one isn't the highest

Could you point me to a good pool that supports XT?

Good pools don't support XT

 

Didn't XT die yet?

This will explain everything: https://www.youtube.com/watch?v=4vuW6tQ0218

[jmintuck02]

I am wondering if this share rate :  5.13K/256 is a good one to get with Antminer U3?

I am so noob at mining to understand this totally yet. I am doing this PPLNS way of mining after

PPS all afternoon.