[25PH] New mining pool ConnectBTC.com Launches, now offering 110% PPS!

rockmoney

sr. member

Activity: 439

Merit: 297

www.amazon.com/shops/MinersSupply

Just thought I would share an email I received today regarding ConnectBTC, their mining pool, and all other services. Although not a surprise, ConnectBTC is ceasing the pools operation as of October 17th 2018 at 00:00 UTC. The email reads as follows:

Quote

It's time to say goodbye.
In January 2017, we've launched ConnectBTC with the goal of providing miners with the best user experience of any of the pools in operation. Since then, we have gained many loyal customers and we are grateful to all of you for working with us, helping us to improve and to provide better service.

At this point, we feel that the value that we can provide to customer with the continued operation of the pool is limited and we've decided to cease the pool's operation.

The pool will stop accepting shares on October 17th 2018 at 00:00 UTC. Please be sure to switch your miners to another pool before that time.
On October 17th, all outstanding balances will be paid. The pool's UI will continue to be available for an additional 2 weeks in case you need to export any reports.

We are grateful for everyone who mined with us and will soon be releasing the pool's code for the benefit of the open source community.

If you have any questions feel free to reach out to us at [email protected].

Keep on mining,

The ConnectBTC Team

TexRube

newbie

Activity: 1

Merit: 0

You know a pool is bad when an Antminer won't connect to it. Lookin' hinky, guys....

userghost

jr. member

Activity: 284

Merit: 3

Just pointed my miners at this pool and 0 would connect.

Truthchanter

sr. member

Activity: 689

Merit: 253

Anyone mining on this pool? I'm looking for help

EDIT: figured out the pool doesn't work through Mining Rig Rentals.. but putting the pool info directly into the miner works.. Would be great if they make this pool compatible with MRR.. 110% payout seems higher than any other SHA256 pool by far! Am I wrong?

Truthchanter

sr. member

Activity: 689

Merit: 253

I'm trying to connect my miner and it does show up in the worker page but it's getting 0 hashrate, it works fine on other pools and even other pools with the same 3333 port. Any help? Seems like it just may be incompatible with my network or something like that

yuragim75

newbie

Activity: 2

Merit: 0

Hello.
Tell me, why from April 11 to today so much profitability has fallen?

I could not figure out the configuration of the Connect-BTS proxy server, maybe you have a step-by-step video instruction? my nickname ConnectBTC - yuragim75

bitcoin.cash

full member

Activity: 187

Merit: 100

Where is it PPS 110% ?

thanks

Quote from: philipma1957 on April 10, 2017, 07:56:59 AM

106% is pretty good. but you have someone else offering 110% for a pps pool.

So why pick your pool?

Other then that I live next to Lakewood, NJ and my best friends name is IRA (an attempt at humor as it is true and I think its funny)

BTW As we all know the world of crypto coins is headed for changes.

The 20 billion USD of mined BTC sitting in wallets is very attractive target. More so then the 5 billion USD waiting to be mined.

Every knows mining alts with gpus and converting to BTC is a viable plan since more then likely more then 100 pc/gpu/component companies can subsidize an alt to make it attractive to mine. The wealth of those companies is over 1 trillion dollars.

Back to your pool your Sp-Tech roots make me want to support your pool.

-ck and kano had a divorce and I supported both of their pools I still do and I sit on the fence about BU and or Segwit.

As I see it BTC waited too long. The idea kano had in 2011 would have solved a lot of issues about speed of confirms.

I am going to take a look at your pool today.

ConnectBTC

newbie

Activity: 15

Merit: 0

Quote from: bet101 on July 15, 2017, 09:56:17 AM

Quote from: HagssFIN on April 03, 2017, 05:51:55 AM

You act like there is a zero fee and 106% PPS, but what about sharing the transaction fees to miners?

the fee fluctuation is ok, so I guess there is not much risk for miners

Fees on June 30th - 357BTC
Fees on July 9th - 157BTC

bet101

full member

Activity: 266

Merit: 100

Quote from: HagssFIN on April 03, 2017, 05:51:55 AM

You act like there is a zero fee and 106% PPS, but what about sharing the transaction fees to miners?

the fee fluctuation is ok, so I guess there is not much risk for miners

ConnectBTC

newbie

Activity: 15

Merit: 0

Very lucky few days for Connect:

https://twitter.com/connectbtcpool/status/885926198416691201

ConnectBTC

newbie

Activity: 15

Merit: 0

Quote from: warzoneug on June 08, 2017, 06:28:47 PM

How to connect with this pool?

Hi warzoneug,

You can create a new user at connectbtc.com and point your miners to stratum.connectbtc.com:3333.
We are still offering a 10% subsidy!

warzoneug

newbie

Activity: 2

Merit: 0

How to connect with this pool?

ConnectBTC

newbie

Activity: 15

Merit: 0

Quote from: adz1922 on May 18, 2017, 07:44:00 AM

Quote from: ConnectBTC on May 18, 2017, 07:03:27 AM

Quote from: adz1922 on May 18, 2017, 03:28:11 AM

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

Hi adz1922,

The graphs show two main numbers - hashrate and rejected share rate.
The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong.
If you share your user name or send it to [email protected] we could take a look and see if there is indeed anything wrong.

Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets.
You will continue to receive daily payouts regardless of how many blocks the pool finds.

As always, we're happy to answer any additional questions you might have.

Cheers,

Gadi

my username is same in here... if by chance the pool finds a block, there will be a reward divided to all workers right? or will it still be paid like this?

Your error rate does seem a bit higher than expected. We're looking at the data and will let you know what we find.

The PPS plan is all about fixed payment so you are not affected at all by the pool's luck

adz1922

newbie

Activity: 51

Merit: 0

Quote from: ConnectBTC on May 18, 2017, 07:03:27 AM

Quote from: adz1922 on May 18, 2017, 03:28:11 AM

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

Hi adz1922,

The graphs show two main numbers - hashrate and rejected share rate.
The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong.
If you share your user name or send it to [email protected] we could take a look and see if there is indeed anything wrong.

Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets.
You will continue to receive daily payouts regardless of how many blocks the pool finds.

As always, we're happy to answer any additional questions you might have.

Cheers,

Gadi

my username is same in here... if by chance the pool finds a block, there will be a reward divided to all workers right? or will it still be paid like this?

ConnectBTC

newbie

Activity: 15

Merit: 0

Quote from: adz1922 on May 18, 2017, 03:28:11 AM

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

Hi adz1922,

The graphs show two main numbers - hashrate and rejected share rate.
The percentages you mention refer to the rate of rejected shares. If for some reason that rate remains high, it could mean there's something wrong.
If you share your user name or send it to [email protected] we could take a look and see if there is indeed anything wrong.

Regarding the payouts - the pool is operating in Pay Per Share mode. This means you are paid for every share regardless of how lucky the pool gets.
You will continue to receive daily payouts regardless of how many blocks the pool finds.

As always, we're happy to answer any additional questions you might have.

Cheers,

Gadi

adz1922

newbie

Activity: 51

Merit: 0

sorry in advance for a noob question, but why do I still earn everyday even though we havent found a block yet? just curious.. and also.. the graphs on your statistics and dashboard are confusing.. i dont know the meaning of 18.00% in Hashrate in the Last 24 Hours.. is it your percentage with the whole bitcoin network?
and on my own dashboard also, my 14.4TH is shown as 4.80%.. is it because it is 4.8% of our whole pool hash rate?

ConnectBTC

newbie

Activity: 15

Merit: 0

Quote from: fuzion1 on May 16, 2017, 08:06:40 AM

Are there any pool fees or do we just make a straight 110%? Do you payout daily?

Straight up 110%, daily payouts are done by 12:00pm UTC

fuzion1

member

Activity: 111

Merit: 10

Are there any pool fees or do we just make a straight 110%? Do you payout daily?

ConnectBTC

newbie

Activity: 15

Merit: 0

Quote from: philipma1957 on April 10, 2017, 07:56:59 AM

106% is pretty good. but you have someone else offering 110% for a pps pool.

So why pick your pool?

Other then that I live next to Lakewood, NJ and my best friends name is IRA (an attempt at humor as it is true and I think its funny)

BTW As we all know the world of crypto coins is headed for changes.

The 20 billion USD of mined BTC sitting in wallets is very attractive target. More so then the 5 billion USD waiting to be mined.

Every knows mining alts with gpus and converting to BTC is a viable plan since more then likely more then 100 pc/gpu/component companies can subsidize an alt to make it attractive to mine. The wealth of those companies is over 1 trillion dollars.

Back to your pool your Sp-Tech roots make me want to support your pool.

-ck and kano had a divorce and I supported both of their pools I still do and I sit on the fence about BU and or Segwit.

As I see it BTC waited too long. The idea kano had in 2011 would have solved a lot of issues about speed of confirms.

I am going to take a look at your pool today.

philipma1957, Sorry for the slow response.

We are now offering 110% PPS for everyone who starts mining before July 1st.

Have you tried to pool out? We would love to hear your feedback

philipma1957

legendary

Activity: 4102

Merit: 7765

'The right to privacy matters'

106% is pretty good. but you have someone else offering 110% for a pps pool.

So why pick your pool?

Other then that I live next to Lakewood, NJ and my best friends name is IRA (an attempt at humor as it is true and I think its funny)

BTW As we all know the world of crypto coins is headed for changes.

The 20 billion USD of mined BTC sitting in wallets is very attractive target. More so then the 5 billion USD waiting to be mined.

Every knows mining alts with gpus and converting to BTC is a viable plan since more then likely more then 100 pc/gpu/component companies can subsidize an alt to make it attractive to mine. The wealth of those companies is over 1 trillion dollars.

Back to your pool your Sp-Tech roots make me want to support your pool.

-ck and kano had a divorce and I supported both of their pools I still do and I sit on the fence about BU and or Segwit.

As I see it BTC waited too long. The idea kano had in 2011 would have solved a lot of issues about speed of confirms.

I am going to take a look at your pool today.

Topic: [25PH] New mining pool ConnectBTC.com Launches, now offering 110% PPS! (Read 6829 times)