Topic: [10GH+]Mine-for.US Pool needs testers! Grab the last Promo shares!0.00003BTC/PPS - page 2. (Read 4090 times)

ok, so we're soon hitting the last 100k promotional shares.
Note, we got something BIG planned for the time after this promo, but we'll keep it secret for now!

Here's some sneak:

• after this promo, we will establish a modified PPLNS System, which will be cheatproof, but not bad for our regular miners!
• We will set up a (privately donated) Block Bounty of 3 BTC
• We will only take 1% fees

Stale rate is really low! 0.33% stales at the moment.

Did just recive payment for the 3 first blocks 

Very nice promo, very low stables (almost nothing).

Keep up the good work!

Go guys! Get the well paid shares

you can't ever read enough on that. The concept behind bitcoin is fascinating!

sneaky edit: I put the remaining promo shares count on the round history page. It's the one marked bold and in red!

Nevermind

I was thinking wrong. To much reading about mining lately i guess .)

Hi Nebuluz,

We are currently simply out of luck. Usually, like with bitcoin, you find a block every n shares, where n is the current difficulty(which is 94037 for namecoin right now). However, this is just some average. You could probably see it on other pools, which sometimes have unlucky bitcoin round where it takes a couple million shares to find a block. However I'm looking forward that we will find some pool soon!

These are the current numbers for our pool(used 94038 for difficulty and 10GH for pool speed) for finding a block:
Probability   Time
Average   11 hours, 13 minutes
50%   7 hours, 46 minutes
95%   1 day, 9 hours, 36 minutes

also if anyone wants a payout please do not forget to inform me or use live support to request it(btw, settings page is now online, so those that did not enter a valid/no bitcoin wallet adress when registering can put theirs now in!)

Something is wrong i guess, its gone 6-7 blocks now and still no round history and still working on same round.

Or do i understand the namecoin blockchain wrong? enlightenme pls

Looks like we have constantly over 10 GH at the moment 

Cool, thanks for clearing all that up.

We will not shut down the server of course. The Server will still continue handing out work, unless there is some urgent reason to shut it down(remember we are testing stability and the pool frontend/engine). We are currently considering whether we will let it on PPS after the testing period or whether we will set it to PPLNS ("semi"-hopper-proof proportional). On the one hand, of course PPS is nice for miners, on the other hand there's the problem that we could face a monster block that takes us many million shares to solve it, which could make us default(I mean, c'mon, an 8mil share block would cost us like BTC240), and we don't want that to happen. On the other hand PPLNS offers only basic protection against poolhoppers and long blocks that would be inconvenient to the miners. So we are still thinking about this, but most likely we will let the users decide.

about the total share count for the test(we decided to raise it to 1Million to be round, I'll update funds and the front page tomorrow)... I will put it on the round history page tomorrow(damn it's 3 AM again over here).

Last but not least, we will definetely continue to pay out after we have reached our testing goal, given that no disastrous catastrophies happen.


It can sometimes be a bit delayed, although it should not be 11 minutes. Currently, all those data are updated in a 5 minute-interval, just to be on the safe side with performance and to make the hashing-rates spike out less. I'm also already working on a way to take more mature data into account when calculating these so we can make the update periods shorter.

Thank you for pointing it out to me, though, I'll definitely investigate this!

And to all the others here, we always appreciate feedback(we hope for it in fact!)

Is there something wrong with the stats on the page.

Round history doesnt seems to be updated.

Current round time 3h 56m, current block 18642. That block did start like 11 mins ago.

Nice, 2nd block down!

I'm still a little fuzzy on what happens when your test period ends, at 850,000 shares or now 1mil?

Will the server continue to offer work or will it just shut down? If it continues to offer work, will there be any payouts for that work?

In any case, I would like to request you put the total share count for the test somewhere on the site, so that once we hit 850k or 1m, I can direct my miners elsewhere again?

(mainly just want to avoid continuing work if there will not be any payout, if there will be continued compensation I would be more then happy to keep them pointed to your pool)

We are currently mining namecoins for two reasons:
a) We cannot expect our pool to find a bitcoin block with these low hashrates for now. As we invest 30BTC into this(which is quite a large investment) we increase our chances of getting a lower loss(as we can use the namecoins for other projects). Currently one Namecoin block is like 1.65BTC, and it's about 18 times more probable to find one. That means on 1M shares we make 16.5BTC in Namecoins vs a probable 0 in BTC, cutting our probable losses by a good 50%

b) I personally do like the namecoin project, as it has use and I hate how the greedy parts of the bitcoin community treats it everytime difficulty sinks down for like 3 days.

However, if all goes well, we will soon switch over to the real Bitcoin blockchain!

That was a namecoin block. But as you said, not releavant for the payout.

Is that a namecoin block or a bitcoin block? Not relevant for payouts apparently, just wondering.

Awesome. First Block done! The system works great!

Hi there,

currently the pool is still configured for proportional payout, which is why we will payout on demand or when the test ends.
As we are currently crunching in the namecoin chain(to reduce the obvious loss on our sides), the money comes out of another bitcoin client anyways.

So yes, this offer is tempting, and that's what it was designed to be.

Oh, and as 2 PMs have arrived me asking about whether we could pay out: We have reserved 30 Bitcoins for this test, which means we have backup funds for at least 1 Million shares. If all runs well, we might consider getting more Bitcoins for extended testing.

Please note: When you sign up for an acount, the default value for Pool donations is 50%. OFC this is a ridiculously high value, and I wish to announce, that during testing we will NOT take any donations from your earnings. You will be paid without deductions!

Nice promo... Will test your site with 3gh+

I realy like the interface alot.

Keep up the good work.

Definitely a tempting offer. The best at the moment, in fact.

Manual/instant payouts possible from account balance, or only upon block discovery?