Topic: [ANN] AIRcoin - page 46. (Read 137280 times)

TBH mate I got nfi whats involved in running a pool, so zero judgement from me.  Just wanted to say thanks for having a good stable service, been donating at 1% ever since I realised you had 0 fees.  Sorry to hear it doesn't score you anything, seriously if you chuck up an AIR or BTC addy I'd throw a bit of one your way, I did well out of this run.

Yep. You would be lucky to even run something like a VOIP server on most home connection's without experiencing major upload bandwidth issues, let alone serveral stratum ports and MPOS frontend's that are constantly under attack from DDOS'ers

Everyone can just mine right to my wallet, I will split everything equally. Easy, see! No shares needed!

Yea, many do not know what it actually takes to run a full service. I watched a few people try to do this from home, with "high speed" internet, and they all just fail miserably. (Even just trying to run a simple web-server. They don't realize downloading is fast, uploading is buffered to hell and limited. Not to mention the limited constant connections that are required.)

That is why I didn't hesitate to offer you coins. (I run web-hosting, so I know that game. Not from my house.)

I noticed an oddity in the block explorer...


To simplify that... (Reversed the order to reflect actual passing time. Top to bottom.)

Block 24637 found at 05:00:47
Block 24638 found at 05:01:52 (Ok, about 1 minute later, good luck)
Block 24639 found at 05:06:59 (Ok, about 4 minutes later, bad luck)
Block 24640 found at 05:10:17 (Ok, about 3 minutes later, bad luck still)
Block 24641 found at 05:10:12 (Um, -05 sec! That's fast, 24641 was found before 24640!)
Block 24642 found at 05:10:36 (Ok, about 24-19 sec later, great luck!)
Block 24643 found at 05:10:11 (Holy shit! -25 sec earlier! Even before block 24640!)

I thought the clocks demand forward-only time, rejecting times that are off-set improperly. Or does this ignore the seconds?

P.S. That's a hell of a lot of luck all at once. Not sure what impact negative values has on the gravity-well adjustments.

Another sample...

Unless you live in a minorty of suburbs the best domestic connection you get in Australia is 24/1 (and thats if you live next door to an exchange) 1Mbps upload isn't going to be stable no matter what size pool you run. A bussiness grade VDSL connection is several thousand a month for a symetrical 10/10 connections (still not ideal for running multiple pools).

Try finding me an Australian VPS under a few hundred a month. Then add to that DDOS protection and the cost of a domain (very mininmal I know but it adds up).

Add to this the time spent maintaining the pool (I work 2 jobs) and you'll find it's pretty easy to start running at a deficit. The pool has been running 30MH/s since I started it with an average of about 1 air per day in fee's. So My air pool earns me about 0.05 BTC a month. The server costs $250 a month with ddos protection adding a substantial amount ontop of that. I'm sorry but I'm not going to continue to work a second night shift job just so that I can do a largely thankless job.

If you believe its as easy as you think I challenge you to run your own server for a month and see if you aren't pulling your hair out at the end of it. I'm sorry you seem to feel that I owe you something but that's just not the case.

Truth of it is that alot of pool owners would barely be breaking even and they get virtually no thanks at all but when the shit hits the fan they have a mob of angry people after them.

As another pool op I can attest, yes, it is expensive, both in time and money.

In terms of horsepower required, yes, you can run a single, not-too-busy pool from a decent PC or laptop running Ubuntu.  But this isn't really an option as most ISP's don't give you a dedicated IP address and generally aren't too keen on people hosting websites from their home internet connections.  Some do allow this, yes, but the upload speeds are usually pretty crummy and home DSL/cable connections generally are not super reliable.  Remember this isn't just some website with a few dozen visitors per day, this is a hosted service that people are expecting to be running 24/7.

So, the only real option to host mining pools is to rent a VPS or dedicated server somewhere.  Unless you get a really lucky break, you'll never make enough $$ from just a single pool to cover server costs, so you end up running several.  Some coins suck and are just a waste of server resources, no matter how many people are on the pool.

Your hosting provider only accepts $USD, not AIR or MEOW or whatever coin you're running on your pool, so you have to make withdrawals from your pool wallets regularly, exchange for BTC, then Coinbase it for $USD to pay your bills.

Then you have to answer support emails.  And haunt the forums making sure you're not missing any required wallet upgrades because a lot of coin devs don't notify anyone other than posting in their ANN thread.  And install those wallet upgrades.  And deal with dudes who don't understand why their block erupters aren't getting any shares on the AIRcoin pool.  And fix it when MPOS glitches out on autopayments.  And unlock people who forgot their password.  And unlock people who forgot their password.  And unlock people who forgot their password.  And unloc . . .

Anyway, rant over.  It's a thankless job.  I cannot blame ctrlaltdefeated if he wants to get out of the biz.

how is it expensive?.. firstly, i would have been happy to go 1% fee (which FYI i was donating for a while)

secondly, a pool this size being really expensive? i could run it off my spare laptop, let alone one of my PC's or rigs, easily....

and do you seriously not know you can put a full post on 'home' and say 'we're shutting down, read the post'

sad to hear you're having troubles though, i was really enjoying the general stability.. and you WERE a lot more active previously haha

All the best. I Know how pools can take up your time, and money. I know it does for me. Take care.

Hey no worries dude. I appreciate the thought

Just paying honor where honor is due...

I probably can't keep the miner there that long anyway (couple interesting coin launches coming up)

wow you guys are awesome. Server is paid up until the 27th (26th for the guys over in the States) so I'll keep it running until then. Please keep your donations guys I'm not asking for handouts and I now feel terrible.

I'll set pool fee's at 0% for the rest of the week. Much love guys  

Aww how nice of you guys to donate to ctrl alt defeated, i was just getting ready to chime in and tell you guys that he is really a pretty nice guy and that hes not an ignorant ass hole, he just sounds like one cause hes an aussie, but i guess you guys already figured that out...

Um, it's 50% + 1%...

But you are right... time to cash-out and get out, or muster-up and catch the discounted coins that are listed on the sell-order list.

I got my BTC ready and an order set to buy 2,000,000 AIR... Also got an order in to sell at 0.1 BTC/AIR... Lets fly!

1% decrease update is going to make p2pool a bit harder to make. Time to start now haha

Thanks for the good service and 0% pool fees while I was mining AIR. Sorry I didn't donate more than 1%.
Your pool was always stable and I don't remember having any issues except maybe a bit of downtime at some point. I just pointed 2.1 mhash there and set the donation to 100%.. feel free to keep whatever AIR it generates up until you shut down. (Although if you decide to keep the pool open indefinitely, I may reconsider that  )

EDIT: *I mine under a different name. Hopefully you'll be able to tell which one I am by looking at the back end, so you know I'm not just blowing smoke.

I got 50 AIR with your pools name on it (ctrlaltdefeated), and I don't even mine there!

Gimme an address to send it to.

It's a shame to see the only Australasian pool close down so suddenly, as it was a good pool and I mined with you a lot over the last couple of weeks as you are my closest pool by 100ms. I contributed the 1% fee and donated 1% as well to show some appreciation for your effort. I would have increased my donation % if I'd known you needed more support to share the server costs.

I'm really sorry to hear you can't run the pool any longer but I can understand your time is valuable and right now running the pool is just an extra time and financial burden you don't need by the sounds of it.

Thanks for explaining your situation and all the best for your future!

PS I just set my donation to 100% on your pool and will leave a miner on it till you close to help out with the servers costs. Can you post your AIR address so I can send some extra AIR as well.


 

It's rare to see a flamewar turn into a love fest.

Peace brothers !

Well my mistake. Apologies. At any rate I'm limited to how many characters I can use for that message and rather than waste it explaining why I was shutting the pool down I thought it a better idea to let users know that it was shutting down and that they should withdraw their coins. I'm sorry that this offended you.

I only left the AIR pool running (all my other pools were shut down a week ago) to support the coin as I believe that AIR has potential. During the entire time I only collected the pool bounty twice and that amounted to a grand total of about 11 AIR. I feel I've done my part to support this community and to be called out on not being able to do it any longer is not a nice feeling.

I've been mining on pools that have just dissapeared into thin air and have taken my coins with them which might be worth your consideration. I don't want this degrading into a flame war so with that I'll say So Long and thanks for all the fish (there wasn't really any fish though )

Errr, no, I was mining at 1% and donating 1%, as I always do.

My problem was with the tone of your announcement. No explanation and it sounded like you were pissed off at the coin or the miners.

Anyway, fair enough if you're too busy, but it might have been an idea to express that on the pool,  I apologise for getting on my high horse (I look good on a horse  )