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Author Topic: [ANN] CoinLab Protected Pool  (Read 97580 times)
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October 02, 2012, 03:48:34 PM
 #221

any eta on a custom client?  It seems to defeat the point of loyalty points if people are getting them via FPGAs.
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October 02, 2012, 03:55:14 PM
 #222

any eta on a custom client?  It seems to defeat the point of loyalty points if people are getting them via FPGAs.

I resemble that remark.  Tongue
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October 02, 2012, 05:29:01 PM
 #223

any eta on a custom client?  It seems to defeat the point of loyalty points if people are getting them via FPGAs.

Not really.  They're earning CoinLab coins now which CoinLab will use to pay out later.

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October 02, 2012, 06:08:23 PM
 #224

any eta on a custom client?  It seems to defeat the point of loyalty points if people are getting them via FPGAs.

Not really.  They're earning CoinLab coins now which CoinLab will use to pay out later.

FPGA miners don't help us towards our longer-term goal of performing non-Bitcoin GPU compute work, but they are doing a great for our near-term goal: making our pool as stable and robust as possible.   The more hashing power we have flowing through our pool, the better we're able to find inefficiencies in our server code and make our pool stronger.  Our biggest miners have been very helpful with this   Grin

Our planned Ship Date for the first version of the client is 11/1.
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October 02, 2012, 07:53:03 PM
 #225

No offense I realize that your busy and all but could you work on the Mining portal a bit more? Seems a "bit" lacking compared to other pools.
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October 02, 2012, 09:21:22 PM
 #226

I'm really looking forward to the multiple workers under one account/log-in.

I know I'm unsophisticated in how I manage my miners, but the multiple worker thing is great for me combined with log-me-in to help restart,etc.
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October 02, 2012, 09:30:53 PM
Last edit: October 02, 2012, 10:18:18 PM by BlackPrapor
 #227

I'd love to test out your pool, but payment once a week is not what I'm after. If you could payout at least twice a week, that'd break the ice  Grin

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October 02, 2012, 09:42:54 PM
 #228

If you send me an email, I can process a special payout for you within 1 business day.  We're going to build an automated payout system within the next month.  What kind of flexibility would you like?  We'd love to hear your input so we can design the best payout system to serve you.

Awesome feedback!  Thanks, sharing your thoughts with the team.

#1 may not be possible - Our lawyer advised us to make our terms state that all payouts have to go directly to you, for fear of us becoming classified as a money transfer business.  I'll check with him and see if there is anything we can do to make this more flexible.  I have an idea about how we may be able to get around this with client side transaction signing.  I'll have to get back to you on this one. #2 and #3 both look doable.

Another concern we've had about security:
If you can easily change payout addresses, any hacker who gets your password can take all unpaid funds sitting in your account.  Where do you think CoinLab should draw the line with this? 
- Should "locking in" a payout address be optional?  (security is an individual responsibility)
- Should we take the "protectionist" approach of defaulting to a higher level of security? (because the least secure people wont think to check the optional 'lock in payout address' box)

What does everyone think? We'd love to hear the community's thoughts on this!


Make a second level sequrity like yubikey, or software generated key. EMC pool has that, and also lockable for 24h account in case the payout address changes. This is much better option, since you get your account secure, AND an ability to change your payout address.

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October 02, 2012, 09:46:29 PM
 #229

I'm really looking forward to the multiple workers under one account/log-in.

I know I'm unsophisticated in how I manage my miners, but the multiple worker thing is great for me combined with log-me-in to help restart,etc.

It's looking like workers will be going live this week.  I'm optimistic we'll start testing internally by end-of-day today.
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October 02, 2012, 09:50:14 PM
 #230

Actually, forgot to ask - do you pay for stales and/or orphan blocks, tx fees that are included in the block?

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October 02, 2012, 09:52:09 PM
 #231

I'm really looking forward to the multiple workers under one account/log-in.

I know I'm unsophisticated in how I manage my miners, but the multiple worker thing is great for me combined with log-me-in to help restart,etc.

It's looking like workers will be going live this week.  I'm optimistic we'll start testing internally by end-of-day today.

Very nice.  One feature down, about 2 million to go.  Wink

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October 02, 2012, 09:59:18 PM
 #232

No offense I realize that your busy and all but could you work on the Mining portal a bit more? Seems a "bit" lacking compared to other pools.

Thanks for the feedback.

The new worker features will come with some small improvements to the mining portal, but I agree that we have a ways to go.

I think our next improvement to the interface will be adding a graph of performance (# of shares earned, by hour) over time. What features would you like to see?

I expect features related to payouts (how much you've been paid so far, managing payout address changes, auto-payout settings) to be done by the end of the October.  We had it half-written, and are now migrating our code to version 0.7 of bitcoind, which broke some of the old code, and has pushed back our timeline a bit.  
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October 02, 2012, 10:06:17 PM
 #233

To me personally, auto-payouts is the most important.  Both time based and quantity threshold based would be great.  Giving you guys 5% of my earnings makes my skin crawl bad enough, letting you guys hold my BTC for a week at a time damn near drives me insane.   Grin

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October 02, 2012, 10:10:03 PM
 #234

Actually, forgot to ask - do you pay for stales and/or orphan blocks, tx fees that are included in the block?

We're pure PPS. We credit your account for 95% of the calculated PPS rate (0.95*blockreward/difficulty) as soon as we accept the share from you.  

You also don't get any transaction fees, but we take the risk of orphaned blocks.  Our stale policy is very lenient: many miners have found that we have the lowest stale rate of any pool (except for during a few periods of server downtime).

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October 02, 2012, 11:19:48 PM
 #235

I'd love to test out your pool, but payment once a week is not what I'm after. If you could payout at least twice a week, that'd break the ice  Grin

OK!  Just got the green light on this. 

I can now offer bi-weekly payments. 

Miners on our pool can opt in to getting a second payout on Thursdays. Payouts are a time consuming process, so Thursday payouts will only be processed for users who have specifically asked for them.  Like Monday payouts, Thursday automatic payouts will only be sent to accounts with a balance of at least 1 BTC. 97% bonuses will still be calculated and credited on Mondays, and earnings withdrawn on Thursdays will still apply towards the 1.125M share threshold. 

PM or email me if you want to be added to my Thursday Payout list.   Cheesy
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October 03, 2012, 02:48:02 PM
 #236

Can you tell us how the rest of the platform is coming along? (custom mining client, and redeeming mined shares), because ASICs are almost here and btc might hit the 2.50$ / 1gh .. soon...

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October 03, 2012, 05:30:34 PM
 #237

Any plans to offer mining via port 80? My workstation at work is crunching for me but our firewall blocks pretty much everything except port 80 and 443... this is why I currently use bitminter.
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October 03, 2012, 07:14:45 PM
 #238

Is anyone else getting a REALLY low estimated hash-rate? 

I am pointing at least 40 GH/s at Coinlab, but the website estimates my average at 30 GH/s.  I can understand some variance, but this seems excessive......

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October 03, 2012, 07:19:44 PM
Last edit: October 03, 2012, 07:45:36 PM by gigavps
 #239

Is anyone else getting a REALLY low estimated hash-rate?  

I am pointing at least 40 GH/s at Coinlab, but the website estimates my average at 30 GH/s.  I can understand some variance, but this seems excessive......

I have 51.2Gh/s pointed at CoinLab and the dashboard says i'm at 28.2Gh/s.
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October 03, 2012, 07:36:49 PM
 #240

Is anyone else getting a REALLY low estimated hash-rate? 

I am pointing at least 40 GH/s at Coinlab, but the website estimates my average at 30 GH/s.  I can understand some variance, but this seems excessive......

I have 51.2Gh/s pointed at CoinLab and the dashboard says i'm pointed 28.2Gh/s.

I suppose this confirms my suspicion.  Thanks Giga.

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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