[ANN] CoinLab Protected Pool

[Chaplin]

Same here with connection errors and stales.  Last night alone cost me about .8 BTC in lost mining revenue (versus the rock solid pool I was using). 

I noticed a bit of that too. If you're using cgminer, consider setting up your old pool as a failover. That way you'll keep earning revenue (although obviously not Coinlab loyalty points), and cgminer will switch back to Coinlab when it detects it can connect again.

[JWU42]

Yeah - I know how to set-up CGMiner 

It was never bad enough to cause it to failover...

[auctioneeeeer]

Same here with connection errors and stales.  Last night alone cost me about .8 BTC in lost mining revenue (versus the rock solid pool I was using). 

I don't have any issues at all, I have been getting about 1/40000 stales/invalids for 3 straight weeks, by far the most efficient pool I have ever used.

[philips]

Seems OK now, but there were two major drops few hours ago.



The pool kept connecting and disconnecting and connecting...and so on. Not enough time for failover to kick in.

[philips]

And here we go again, brief disconnections and lots and lots of stales.
Yes, my setup is working OK on other pools.

Edit hours later: OK, I got enough of this, my rigs are spinning up/spinning down in a loop and fans are acting like crazy while the website (also almost impossible to connect to) is warning me that my i am not sending any share, go figure.

Switching manually to Eclipse.

[jamesg]

And here we go again, brief disconnections and lots and lots of stales.
Yes, my setup is working OK on other pools.

Edit hours later: OK, I got enough of this, my rigs are spinning up/spinning down in a loop and fans are acting like crazy while the website (also almost impossible to connect to) is warning me that my i am not sending any share, go figure.

Switching manually to Eclipse.

I have sent 2,705,320 shares to coinlab's protected pool over the last couple of days and have had a total of 1,756 stales. I'm not quite sure what issues you are seeing but from my perspective, they are running a pretty solid pool.

Have you checked your internet connection or other factors that might be causing your issues?

[philips]

And here we go again, brief disconnections and lots and lots of stales.
Yes, my setup is working OK on other pools.

Edit hours later: OK, I got enough of this, my rigs are spinning up/spinning down in a loop and fans are acting like crazy while the website (also almost impossible to connect to) is warning me that my i am not sending any share, go figure.

Switching manually to Eclipse.

I have sent 2,705,320 shares to coinlab's protected pool over the last couple of days and have had a total of 1,756 stales. I'm not quite sure what issues you are seeing but from my perspective, they are running a pretty solid pool.

Have you checked your internet connection or other factors that might be causing your issues?

Yes, checked the internet connection and is working OK. Right now I am connected to the backup pool and everything is going fine there, their website and all, and rigs are back to normal.

As you can see from the hashrate graph I posted earlier,  for me CoinLab was also rock solid with a very small amount of rejection (something like 0.005% farm wide). Then, all of a sudden communication failures for few min, again resuming for a while, again com failure for few min....and so on.
For few hours everything went back to normal and then again haywire, not mentioning the website very hard to reach.

I would be glad to have something to fix on my side, but I have none, rigs and connection are fine.
I will switch back in the morning, gotta sleep now, spent most of the night baby sittings the rigs.

Thanks for the interest.

[BlackPrapor]

Coinlab, I've sent you a PM about joining your pool, would be glad to test it out 

[btcnut]

When/how do we get paid? I've earned my first btc with coinlab, I'd like to pull it out.

[jamesg]

When/how do we get paid? I've earned my first btc with coinlab, I'd like to pull it out.

Once a week on Monday.

[Shadow383]

Quick question - if I were to mine say 10 million shares here, would the account be transferable later, so that I can sell it to someone else who wants my allotted distributed-computing work?

[philips]

Quick question - if I were to mine say 10 million shares here, would the account be transferable later, so that I can sell it to someone else who wants my allotted distributed-computing work?

There is a paragraph in the Fine Print section (original announcement) that states that Loyalty Points are not transferable, but who knows about the whole account...

[btcnut]

A few more questions from a coinlab noob:
1) How can we see how many loyalty points we have accumulated
2) How can we see how many loyalty points we have remaining
3) How can we see when coinlab believes we are at less than $2.50/ghash/day
4) Is ths $2.50/ghash/day based on MTGox avg trade per day or last price
4.1) If last price, how can we see what proportion of a days mining consumes loyalty points
5) Will we be notified when coinlab believes we are at less than $2.50/ghash/day?

[JWU42]

While the rejected stales are few - U (or WU) and hash rates drop by about 10% due to comm failures.  I have tried back 3 separate times over the weekend with similar results.  zux0r noticed problems with the pool as well.  I am sure these are just growing pains...

Lastly - anyone know WHEN on Monday payments are sent?

[CoinLab]

Hey Everyone,

Today is hectic, I'm just getting out of one meeting and heading to another.  I should be able to start processing payout at around 2pm PST.

Thanks for your patience!

Chris

[JWU42]

Thanks for the guidance Chris!

[BlackPrapor]

Hey Everyone,

Today is hectic, I'm just getting out of one meeting and heading to another.  I should be able to start processing payout at around 2pm PST.

Thanks for your patience!

Chris

I guess I shouldn't be waiting for an invitation just yet? many pools are failing lately, and it would be good to have one more backup, or even main pool 

[Chaplin]

Yeah - I know how to set-up CGMiner 

It was never bad enough to cause it to failover...

And THEN I saw your post count. XD

Turns out I've been having more serious connection issues the past couple days as well. It's basically as philips describes though: cgminer loses communication with the Coinlab server; it fails over to my BTCGuild account; a minute or two later it detects Coinlab is back; and gets a small amount of mining done before the connection drops again. The strange thing is that it's affecting one of my rigs but not the other.

The BTCGuild performance chart below roughly illustrates the behavior, which has been entirely within the past three days. For reference, the total power of the rig in the graph is ~2GH/s, so the numbers reflect the fact that it doesn't stay there for long before it attempts Coinlab again.

https://i.imgur.com/UThdE.png

[CoinLab]

Payouts have been sent.  I don't have time to send email notifications of payouts today (I do them manually), but I'll send these tomorrow.  If you have any questions about the payout, please email or PM me and I'll take care of it.

I've run out of time today to process signups, so anyone who PM'd me to sign up over the weekend will get added to the pool tomorrow.

[CoinLab]

To all the people who had connection problems:

This weekend our log files got too big and began bogging down the server.  On the backend, we see there was about 2 hours total of sporadic server downtime.  2 hours is about 1.1% of the week.  In light of this, I'll be sending a 2% bonus on all of todays payouts tomorrow.

If you think you lost out on more than 2%, PM me and make your case and I'll see what I can do.

Thanks, and sorry for the inconvenience,

Chris