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Topic: [4 PH/S+] BCMonster.com Mining Pool / [PPLNS Payout][Pays TxFee] - page 23. (Read 111788 times)

newbie
Activity: 43
Merit: 0
That's a good amount to put back on. I say let it ride.
I think its good for the pool to boost the hash rate. If we ever make back more than we put in then maybe then split the reward.

Whatever changes Laviathon made to the server sure did the trick.
sr. member
Activity: 461
Merit: 306
BCMonster Team Rental initial investment 2 blocks ago 1.588BTC, we are now back up to 1.23BTC thanks to that round. PM me if you want your payouts or if you want to reinvest into this block.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Congrats on the fifth!!!
newbie
Activity: 42
Merit: 0
I assume this round is a good earns
newbie
Activity: 43
Merit: 0
***UPDATE: We are back up and running. Mine on!


Okey pokey, I'll have to have a look see why my miners haven't connected back.

I see krisgt30 is back and hashing like a man possessed.

I hope all is well now with the server.

 Smiley
Laviathon picked up where we left off, server is running smoother, hashrates reporting more accurately, and most importantly hw errors dropped on my s7s.  Smiley

Laviathon looking for his second block.

Edit:I was just typing, was going to say good luck to laviathon, then .. guess what.... BLOCK.
newbie
Activity: 25
Merit: 0
5th block found by Laviathon!!!!! WOOOOOOOOOOO!!!! Grin Grin Grin

WooHoo!  Great!
sr. member
Activity: 461
Merit: 306
5th block found by Laviathon!!!!! WOOOOOOOOOOO!!!! Grin Grin Grin
sr. member
Activity: 461
Merit: 306
***UPDATE: We are back up and running. Mine on!


Okey pokey, I'll have to have a look see why my miners haven't connected back.

I see krisgt30 is back and hashing like a man possessed.

I hope all is well now with the server.

 Smiley
Laviathon picked up where we left off, server is running smoother, hashrates reporting more accurately, and most importantly hw errors dropped on my s7s.  Smiley
newbie
Activity: 43
Merit: 0
***UPDATE: We are back up and running. Mine on!


Okey pokey, I'll have to have a look see why my miners haven't connected back.

I see krisgt30 is back and hashing like a man possessed.

I hope all is well now with the server.

 Smiley
sr. member
Activity: 461
Merit: 306
***UPDATE: We are back up and running. Mine on!
sr. member
Activity: 461
Merit: 306
pool looks to be down....
Yes, Laviathon is working on the issue and should be up and running shortly. My rental is paused and my hash has failed over to my backup pool for the time being.
newbie
Activity: 25
Merit: 0
pool looks to be down....
sr. member
Activity: 461
Merit: 306
Add us on twitter, help spread the word about our pool so we can ramp up the hash!
https://twitter.com/THeBCMonster
sr. member
Activity: 481
Merit: 264
BCMonster.com BTC ZEN HUSH KMD ARRR VRSC ACH RFOX
The pool is two months old as of now.  Not to bad I don't think for 60 days on a startup with 100 billion + difficulty!
sr. member
Activity: 481
Merit: 264
BCMonster.com BTC ZEN HUSH KMD ARRR VRSC ACH RFOX
I got 450 on it for a few hours, not much but better than nothing.
Hey I hit our first block with a 5hr rental. You never know.

Just bang out the shares as fast as we can and hope for a better block than last while we build the base hash rate of the pool!
sr. member
Activity: 461
Merit: 306
I got 450 on it for a few hours, not much but better than nothing.
Hey I hit our first block with a 5hr rental. You never know.
member
Activity: 67
Merit: 10
I got 450 on it for a few hours, not much but better than nothing.
sr. member
Activity: 461
Merit: 306
I just put a 500 TH/s Rental online for 2 days 10 hours.
Smiley Please go 2 for 2

We now have 400 registered users!
sr. member
Activity: 481
Merit: 264
BCMonster.com BTC ZEN HUSH KMD ARRR VRSC ACH RFOX
I just put a 500 TH/s Rental online for 2 days 10 hours.
sr. member
Activity: 461
Merit: 306
So can someone help me understand how this works?  I'm looking at "My round reward"... this is how much BTC I would get right now if we found a block... yes?  And the more people that mine with a higher hash rate than me will drive down the amount of BTC I get.  Do I have that right?

Yes but the trade off is the frequency of blocks will increase with the higher hash rate and more people we get. It evens out.

So I was able to rent around 5-10 Th/s for about 12 hours yesterday.  That upped the amount of shares I produced, which is what is important, right?  Even if I were to rent for 6 hours... it's better than not renting at all because I'm producing more shares during that 6 hour time period and it won't be wasted.  As opposed to renting 6 hours on Slush's Pool where if no block is found in that 6 hour period I wasted the rental.  Do I have that correct?

Correct, the only way you will lose money on a rental is if we go over 100% for the round. Like last round, myself and Laviathon lost a ton of btc on rentals, but hope to make it back this round.  Smiley If you have any other questions you can come onto the irc chat on bcmonster's site.
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