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Author Topic: [ANN] [LTC] [PPS] [OTP 2FA] [Stratum only] LTCMine PPS mining pool (3.3%)  (Read 214606 times)
joeperry
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July 03, 2013, 07:50:32 PM
 #961

joeperry
The problem is that pool needs reserves to work. If I'll send this coins to users, pool will be unable to handle rewards correctly because of variance, orphans and payments for immature blocks. It's a suicide as is.

So, it's a dilemma: send 1/3 now and nothing more ever, or send limited amount and handle this balances by another way. As a shelved rewards, for example, get 0.5-1 LTC from each block to pay this rewards.


Maybe the second choice could be fine, if sending 1/3 is too high, maybe you can set an amount of maximum withdrawals of 2 LTC/Day per miner, and 0.5 LTC/day to those who dont contribute or feed the pool in some amount of shares.

Any choose would be bad, but you have to choose, many will be angry whatever decision you make.

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Avtobio
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July 03, 2013, 07:56:09 PM
 #962

"send limited amount and handle this balances by another way"  It's better than just get a 1/3. I think lot of peope will agree with it.
butjust41day
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July 03, 2013, 08:07:36 PM
 #963

joeperry
The problem is that pool needs reserves to work. If I'll send this coins to users, pool will be unable to handle rewards correctly because of variance, orphans and payments for immature blocks. It's a suicide as is.

So, it's a dilemma: send 1/3 now and nothing more ever, or send limited amount and handle this balances by another way. As a shelved rewards, for example, get 0.5-1 LTC from each block to pay this rewards.

Balthazar it is only a dilemma because of your code of ethics. You are looking for ways to accept complete responsibility for what happened and as a result want to pay everyone everything.

Anyone here who has ever written a line of code in their lives understands what happened and has made similar mistakes. I remember making a modification at a customers plant and shutting the entire line down for 8 minutes. Eight minutes might not sound like much; but, it, represented multiple thousands of dollars. My customer forgave me and was actually glad that I recognized the error so quickly. It turned out that a similar incident several years earlier had shut them down for an entire shift. We are human and shit happens.

Any solution is good enough for me. I don't feel you owe me anything. I do want to continue mining at your pool.
kronut
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July 03, 2013, 08:08:59 PM
 #964

Second option is the best in my opinion, we can also continue mining and contribute to building up pool reserves.

I'd rather have our outstanding balances be paid over a few months, than to lose everything. Especially since mine is 81 LTC, I would rather recover as much as possible and keep the pool up and running.

The correct thing is for people to be honest and return the funds they stole from the pool, but we all know that will not happen.
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July 03, 2013, 08:11:30 PM
 #965

Just compare, how transparent Balthazar's actions in relation to what notroll's admin did...and where is now notroll, hope ltcmine.ru will recover from this disaster.
Best wishes.

soulmann
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July 03, 2013, 08:38:46 PM
 #966

I have rejects lower then 1% with this pool. I hope everything will be alright. So we just have to help a little.

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Strophon
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July 03, 2013, 08:55:21 PM
 #967

joeperry
The problem is that pool needs reserves to work. If I'll send this coins to users, pool will be unable to handle rewards correctly because of variance, orphans and payments for immature blocks. It's a suicide as is.

So, it's a dilemma: send 1/3 now and nothing more ever, or send limited amount and handle this balances by another way. As a shelved rewards, for example, get 0.5-1 LTC from each block to pay this rewards.

Balthazar it is only a dilemma because of your code of ethics. You are looking for ways to accept complete responsibility for what happened and as a result want to pay everyone everything.

Anyone here who has ever written a line of code in their lives understands what happened and has made similar mistakes. I remember making a modification at a customers plant and shutting the entire line down for 8 minutes. Eight minutes might not sound like much; but, it, represented multiple thousands of dollars. My customer forgave me and was actually glad that I recognized the error so quickly. It turned out that a similar incident several years earlier had shut them down for an entire shift. We are human and shit happens.

Any solution is good enough for me. I don't feel you owe me anything. I do want to continue mining at your pool.


This. I'm very happy with the pool I switched to after this mess occurred, but I'd rather be on ltcmine.ru.
beanhead
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July 03, 2013, 09:30:53 PM
 #968

Balthazar,

Please zero the balance of 10.63785359 ltc on my account.  I know it's not a huge amount but I hope it helps ease the burden you must be feeling just a little bit.

I will return to mining at your pool once you have things back up and running.

Regards,

Beanhead.
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July 03, 2013, 10:30:26 PM
 #969

please pay all debts and shut this pool down as soon as possible  Grin
kujina
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July 04, 2013, 12:01:34 AM
 #970

As I have a lot of coins in my balance and electricity is not cheap in the UK, I vote for option 2
xminer
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July 04, 2013, 04:58:19 AM
 #971

Doesn't make any sense to close the pool, raising fees to pay the debt is somewhat stupid as well - we'll be paying ourselves and basically active miners will be paying to the ones who said "oh, sh**, f**k it, I'm out!".

It can make some sense to change reward system to similar as used in pool.itzod.ru - that is if we get extremely lucky pay out part of that "luck" vs debt to active miners (proportionally to their activity % till scrypt asics come Smiley ). If we are lucky enough - we may get more payments and eventually some day get the stolen funds back.

As for change of payment method (making "generated" payments instead of "sent") - it's not the best idea as btc-e definitely f**ks up on that - had an issue with eligius.st+btc-e.com=2 or 3 weeks for getting my funds in manual mode after btc-e staff was definitely sure their scripts will not give me what I should have got.

Нет смысла закрывать пул (если только жить мешает и спать охота Smiley), поднятие комиссий - тоже тупой вариант - мы будем сами себе платить задолженность пула, и при этом оставшиеся майнеры будут платить тем, кто ушел со словами "ну его нафиг!"/"многабукаффниасилил!"(кто-то реально думает, что этот топик всем по силам? короткий анонс того, что произошло и что будет дальше - вот что надо!)

Возможно, есть смысл поменять систему вознаграждения на подобную к той, что используется на pool.itzod.ru - т.е. если удача нам начнет улыбаться - то выплачивать "чего наулыбалось" оставшимся активным майнерам (пропорционально их активности до прихода скрипт-асиков). Если будем достаточно удачливы - получим всё назад (ну, Бальтазар может чуть поменьше получит - но получаемого должно хватать на покрытие расходов).

Изменение метода выплат (на "сгенерировано" вместо "послано") - не лучшая идея, т.к. та же бтц-е на этом облажается (было проверено, ушло недели 3 на решение вопроса в ручном режиме - так я один такой дурак был, а если нас много будет...). Ставить же клиент с его растущей запредельно базой - оч. неохота.
xminer
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July 04, 2013, 05:06:19 AM
 #972

"send limited amount and handle this balances by another way"  It's better than just get a 1/3. I think lot of peope will agree with it.

My lost amount was ~week payment. 1/3 of that was a 2-3 days payment. Well, even with raised fee - doesn't make any sense to go anywhere (ah, ok, technically it does, if you run under 400kh/cgminer instance, as diff256 caused stratum disconnects due to miner not finding anything for several minutes)
hsk81
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July 04, 2013, 05:19:44 AM
 #973

Stats snapshot for last two days.

Blocks mined: 19

Blocks list:

http://explorer.litecoin.net/block/fc3bc6706bd7812a6e267dddb75cd66b836edd11c6014372cc550333b1a8dbd6
http://explorer.litecoin.net/block/e1f772a24a56e36642914d678a0f85fd136566994c8e297832cd5a81f274e907
http://explorer.litecoin.net/block/c535ce466ef8691fb0918a269744ba67b8c9069de1d8035821940454e74816c1
http://explorer.litecoin.net/block/f09b7bae6c546ce14f0a5d586e8dee700a6ca7686f168a8cd62db1404fbefb1c
http://explorer.litecoin.net/block/a3d9260cda5f0cd3f9cb2aded6d03dfbb34a3ef072bb8c36b6929f60be953fad
http://explorer.litecoin.net/block/18e165c2099e29a1d0a4941cd0e74d2e5a11d35b413c3f4e4caee7b1b27935b6
http://explorer.litecoin.net/block/2a124b78db665ae6682279ae71d23b5d416fefbd940a1eff6de7f6ef3f6e235a
http://explorer.litecoin.net/block/0ce0b7e30d2e1caf6c52d1f33e83e4bc790a0038056e7e29786b5bebb04e7d38
http://explorer.litecoin.net/block/debe05a4fdfd9a7549e6c1982982cfbf7c7049a6785953c48d71979f15fb088b
http://explorer.litecoin.net/block/6d85a55b40536305511d8eb2dd790af5e18b483112e98214e00453e6751d50bc
http://explorer.litecoin.net/block/7bcdc2368ed2a44d6236bf482c4e17d4468a24f43ad086381af5eeff9d113827
http://explorer.litecoin.net/block/e909dcfaee7688f9847f208334705ad0157894227fca45bba552d2a6b0593627
http://explorer.litecoin.net/block/1d3ee47e5e836534a1be77c0496c389e7217d61f324473713051c81eb5577ec8
http://explorer.litecoin.net/block/a1a04ac260ac7050383ff36b41a512af55c7039337198ec10331ce1b70ba158e
http://explorer.litecoin.net/block/d60bc48d323901b88f19298515022aaaf16260813e49b7d9a9ae93f0b30eaf0e
http://explorer.litecoin.net/block/fc20690a006e4fc61c3d47c3dc3b0112a590a4ad14ae621f12ba3cce3b4fddd9
http://explorer.litecoin.net/block/edc220c873d6f668d42a78f9f1a5c9fe1b49e4399fa431b0a83f1f34e2f4c0fa
http://explorer.litecoin.net/block/bff0f745644bab4adffd5bec234dbe8c46f77b2b6921872ee686ab3acdaa6264
http://explorer.litecoin.net/block/f58ab428c26dc36cdf4792f9f3e68a0661d63d61f0f72ed4edf35b0d6ca8095a

Winning shares list: ..

Shares list (RAW data in gzipped TSV format, without IPs): http://ltcmine.ru/stats/03072013/shares_noip.tsv.gz
Round shares list (data in gzipped TSV format,): http://ltcmine.ru/stats/03072013/shares_by_rounds.tsv.gz
User work and rewards (data in TSV format): http://ltcmine.ru/stats/03072013/users_work.tsv

Total diff-1 approximated work (D1A): 794666626
PPS rate: 0.00000087 LTC
Total PPS work: 691.36 LTC
Mined funds: 950 LTC

Sendmany array: http://ltcmine.ru/stats/03072013/sendmany.json
Transactions list: http://ltcmine.ru/stats/03072013/transactions.json

If you can't understand what's this, read this post: https://bitcointalk.org/index.php?topic=92522.msg2628221#msg2628221

@Balthazar: Are you making sure that those miners who have withdrawn too much (and stole the LTCs from the pool) that day, are not being paid here?
mut
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July 04, 2013, 09:14:08 AM
 #974

Если честно я бы предложил Бальтазару воспользоваться советом английских пользователей и создать тему в поддержку http://ltcmine.ru/.  Но раз он этого не делает значит на это есть свои причины…..

Мне хотелось бы верить, что % который сейчас зарабатывает пул, пойдёт и на уплату тех 11к лайтов. Но это будет ой как не скоро... Просто сейчас надо сделать процесс прозрачным. И выкладывать  еженедельный(месяц, квартальный) отчёт о исполнение своих обязательств если он готов на себя их взять.....

Но для того что бы это сделать надо "починить" пул......

Тут мы видим сколько заработал пул за 2 дня:
Total diff-1 approximated work (D1A): 794666626
PPS rate: 0.00000087 LTC
Total PPS work: 691.36 LTC
Mined funds: 950 LTC

Мы не знаем издержки пула, но тут можно прикинуть примерные очень примерные сроки о возмещении 11к лайтов.

ИМХО: Если Бальтазар так сделает, то он заслужит и уважение и доверия пользователей намного больше, чем обнуляя их балансы.

Тех кто "своровал" лайты можно забанить( всю сеть, а не ip) на пулах Бальтазара, что бы все страдали и знали кому они должны за свои страдания.


PS: I apologize for the use of the Russian language. My knowledge of English is very bad.
Avtobio
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July 04, 2013, 09:53:16 AM
 #975

Банить всю сеть это слишком. А если есть ты или я из этой сити и у тебя так же лайты ушли и терерь ты и майнить не сможешь на пуле.
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July 04, 2013, 10:06:48 AM
 #976

Если честно я бы предложил Бальтазару воспользоваться советом английских пользователей и создать тему в поддержку http://ltcmine.ru/.  Но раз он этого не делает значит на это есть свои причины…..

Мне хотелось бы верить, что % который сейчас зарабатывает пул, пойдёт и на уплату тех 11к лайтов. Но это будет ой как не скоро... Просто сейчас надо сделать процесс прозрачным. И выкладывать  еженедельный(месяц, квартальный) отчёт о исполнение своих обязательств если он готов на себя их взять.....

Но для того что бы это сделать надо "починить" пул......

Тут мы видим сколько заработал пул за 2 дня:
Total diff-1 approximated work (D1A): 794666626
PPS rate: 0.00000087 LTC
Total PPS work: 691.36 LTC
Mined funds: 950 LTC

Мы не знаем издержки пула, но тут можно прикинуть примерные очень примерные сроки о возмещении 11к лайтов.

ИМХО: Если Бальтазар так сделает, то он заслужит и уважение и доверия пользователей намного больше, чем обнуляя их балансы.

Тех кто "своровал" лайты можно забанить( всю сеть, а не ip) на пулах Бальтазара, что бы все страдали и знали кому они должны за свои страдания.


PS: I apologize for the use of the Russian language. My knowledge of English is very bad.

ну и забанил. и что? будут майнить под tor или openvpn и толку то? глупое предложение. и вообще, забудьте про бабос...

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mut
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July 04, 2013, 10:35:03 AM
 #977

ну и забанил. и что? будут майнить под tor или openvpn и толку то?

IMHO: Mining through the tor increases rejections -> reduces the profit.....
madmaximka
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July 04, 2013, 10:56:59 AM
 #978

ну и забанил. и что? будут майнить под tor или openvpn и толку то?

IMHO: Mining through the tor increases rejections -> reduces the profit.....

you can use openvpn or pptpvpn or ssh tunneling

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July 04, 2013, 10:58:03 AM
 #979

Balthazar,

Don't use your reserve to pay us if it will make running the pool too risky for you. I vote for increasing the % even to 5%. I increased the donation to 100% when I found out about the issue and want this pool to succeed.

I'm sure many will stay with your pool as you are honest and transparent with problems and this builds trust.

Take your time with this issue, don't rush to make a decision. Remember there are some people who will complain and others will be silent. Personally, I really like the idea that we are all pioneers and I want to have a computer that supports the cryptocurrency network.

Thanks!
Ami Heines

http://chartly.com Great Options Strategies for long term Investors
mut
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July 04, 2013, 11:06:41 AM
 #980

ну и забанил. и что? будут майнить под tor или openvpn и толку то?

IMHO: Mining through the tor increases rejections -> reduces the profit.....
you can use openvpn or pptpvpn or ssh tunneling
There is no hope that the free service will provide the best quality (profit) for the production of coins.
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