if you are a regular user of granitepool - you may see some cosmetic changes made to it ...
today was the first day of the changes - and hopefully for the life of the pool ... at least - thats what we are aiming at ...
this is all happening for one main reason ... a new pool ...
a new pool that has better features and has a more rich backend with a solid foundation to build on ... more on that when its done and open for testing ...
for the moment - some of the changes that have been sorted have been a few in the front end - and mostly in the backend and configuration of granitepool ...
below is a list of the items that have been changed ...
frontend / cosmetic ...
- name changed from GraniteCoin to granite in pool header ...
- logo replaced in the welcome screen when clicking the 'home' menu ...
- the instructions in the 'getting started' page are now corrected with the right domain ( it was granitecoinx.com - now granitecoin.com ) ...
- the dashboard now has the exchange grn / btc ticker totem - even though it doesnt seem to function for the moment - but its there and will be fixed as soon as we can figure what is happening with the bleutrade api ...
- pool frontend should load and refresh a lot faster now - with a longer time for page to stay up ... that is the result of one of the backend changes ...
system / admin ...
- the wallet daemon has been compiled and updated to the latest v1.0.2.0 ...
- blockchain data and info being extracted from the granited daemon and from https://chainz.cryptoid.info/grn/ ...
- coins have been allocated in the wallet for cold storage - as too many users are using the pool as an online wallet ... which is fine for the time being - but all users will be required to move their funds off the pool in the next couple of weeks ... the amount held in the pools cold wallet is a cool 7million grn
... so we urge you all to withraw your coins as soon as you can ... we dont want to be holding this much for much longer ...- the refresh for the site is now at 5second intervals for the statistics and data - eg hashrates ... 5minutes for the average share statistics ...
- graphing days are kept to 25days - block statistics at 70days ...
- hashrate modifiers now showing in MH/s not KH/s ...
- google analytics has now been activated for the pool ...
- date settings changed to australian standard - day / month / year / hour / minute / seconds ...
- irc channel for support updated to the official irc channel - ##granite ( grnbot is back in that channel also ) ...
backend / technical ...
- naming conventions have all been standardized to 'granite' and not 'GraniteCoin' in the pool ...
- payout amounts are at 7 minimum and 7000 maximum ...
- minimum manual payment has been lowered to 0.7grn ...
- minimum donation has been lowered to 0.7% ...
- transaction fees for both manual and auto have been lifted to 0.07grn from the previous 0.01grn ... this is to cover ALL transactions - no matter how big or small ...
- BONUS REWARDS have now been set - and are active as of this post ... explained below in more detail ...
- payout transaction limits have been increased to 700 transactions for both manual and automatic transactions per run ... the limit is set so the RPC wont get overloaded ...
- round purging has been set to 70000 with a 7second sleep - to allow a reduction in the load of the database ...
- archiving settings have changed to 25 maximum rounds and a period of 60 * 52 ( 52days ) ...
- ZERO POOL FEES - pool fees have been terminated altogether ...
- cookies duration have been set to 21607seconds - which allows uninterrupted pool monitoring without being logged out ...
- system load setting has been set to 7.0 ... this means that some api calls will be disabled if the load gets above this - to allow smoother operation of granitepool ...
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BONUS REWARDS ...
the bonus rewards works two ways - 'block finder bonus' and 'pool finder bonus' ...
the 'block finder bonus' ( your worker bonus ) is set at 7% of the amount of grn that a block pays ... when a worker finds a block - the block bonus is paid to THAT worker ( which at the current rate at time of posting - 100grn / block means an EXTRA 7grn for every block your miner finds ) ...
the 'pool finder bonus' is a similar bonus that gets paid at the same 7% for THE WHOLE POOL - split over the workers at the time ... this bonus is in addition to the 'block finder bonus' ...
so when you mine and check in the 'transactions' menu - under 'my account' - you wont see any more of these ---
406301 2015-12-04 08:05:07 Fee Unconfirmed 245631 0.43087971 ( not long before posting ) ...
and more of these ---
406368 2015-12-04 10:26:07 Bonus Unconfirmed 245676 7.00000000 ( my worker found a block ) ...
406374 2015-12-04 10:26:07 Bonus Unconfirmed 245676 2.63947078 ( extra bonus across the pool workers ) ...
so where is all this extra grn coming from to pay for the bonus reward payments? ... from the pool fund itself - NOT from the block reward ...
bonus grn coming from our pockets ... its just a way of giving back to the miners - for mining at our very own granitepool ...
below is an official explanation from the MPOS documentation - in verbatim ... for the technically inclined of course ...
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Block Bonus
Payout a block bonus to block finders, this bonus is paid by the pool operator, it is not deducted from the block payout! 0 = disabled
Default Values:
block_bonus = 0
block_bonus
This bonus is paid by the pool operator, not from the block!
---
Pool Bonus
Payout a general bonus to all your miners. By default, this is based on their payouts and will pay out an additional percentage to their income. This will be covered from your liquid assets! As a payout time, you can either chose payout or block. Block will payout the same percentage based on the block value to all miners! So setting this to 1% on a 50 block reward pays 5 coins per user from your liquid assets! Payout based bonuses only pay a bonus total to the block values percentage.
Default Values:
pool_bonus = 0
pool_bonus_type = payout
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these system settings and changes from the frontend to the backend have been initiated implemented and finalized - so that we can prepare for the new granitepool that is about to be built ... in fact - the new granitepool is one of the new pools to built - but more on that when it comes to public testing ...
the new granitepool may look very similar - but will have some features and code changes to make it a more versatile pool for the admin - and the user / miner alike ...
this is still very much the prelude of a much bigger system for granite - and the integration of each component into it ... from wallet to pool to donation systems to theforum to thefarm ... its all here for the setup and infrastructure to build a bigger and better granite ecosystem ...
so spread the word to come and mine here at granitepool ... http://grn-pool.granitecoin.com/ ...
your comments and feedback are always encouraged and very welcome ... the more miners - the more blocks - the more bonus ... and much more to come ...
granite ...
#crysx
Perhaps we should actively try to get it on Cryptopia as well?
