Topic: [ANN] altcoinplex.com - A new hedgemining, auto-exchanging pool (Read 4193 times)

Another night, around round of payouts! Tonight's payouts averaged 0.005933 BTC/MHs/Day!
For more info, check us @ http://stats.altcoinplex.com/poolstats.html

We now show the average payouts (BTC/MH/Day) over the last couple of days on our pool statistics page over at http://stats.altcoinplex.com/poolstats.html !

We hope this is useful for miners out there!

Another round of payouts has just been executed - we averaged 0.005188 BTC/MHs/Day

Cheers and happy mining to everyone!

Reactivated mining for multiple coins earlier today. Tonight's payout is looking good!

We're tweaking some backend server code, do let us know if you are having frequent disconnects.

Another night, another round of payouts!

The average payout for the past 24 hrs is 0.0053 BTC/MHs/Day

We've just added a statistic at the top bar showing the Current Estimated Payout per MHs/Day for the current round at the top bar!

Hmm, we have just tweaked/updated the algorithm that assigns the weights in the basket.

Hopefully this improves the payouts for tonight a lil!

Cheers and happy mining guys!

After a few days of beta-testing, we have finally unveiled a new design for our website @ http://www.altcoinplex.com/ !

With this fresh re-design, we hope to be more transparent in our operations to our miners. We also made it such that miners will be able to better view and analyze their own statistics!

Do share with us your comments and feedbacks!

The payouts for today and yesterday have executed, thanks to everyone!

The payouts based on today and yesterday is ~0.00524 BTC / MH/sec / Day.


http://stats.altcoinplex.com/users/bitcoin/1MjNG9pGippwTSHraPnB1MBKwjr4q2ykiY.html

Just pushed out an update to show current hashrate and rejection percentage on the users page! This is based on data collected over the last 5-10 minutes from your miners.

http://stats.altcoinplex.com/users/bitcoin/1MjNG9pGippwTSHraPnB1MBKwjr4q2ykiY.html

Hope this is useful for miners out there!

Thks for trying us out! We hope you won't be disappointed!

Due to the low hashrates in our pool, we will be postponing tonight's payout until tomorrow.

Due to a combination of factors, 1) we use multiple exchanges, 2) we basket mine multiple coins at the same time, 3) low hashrates, our available balances in the exchanges, viewable at http://stats.altcoinplex.com/poolstats.html , is currently under the threshold allowed to be withdrawed. We'd have to wait at least until we are above the threshold before we can payout. We hope for your understanding!

New site design looks pretty good. I will try this out

A good friend, and fellow miner on these forums becks619, has graciously allowed us to show others his users statistics page.

http://stats.altcoinplex.com/users/bitcoin/1MjNG9pGippwTSHraPnB1MBKwjr4q2ykiY.html

Do give us a shot! You'd not be disappointed!

Sorry for this extremely extremely late update! I was burying my head down in the redesign of the website before realizing that I have no talent or skills in that area. My past experience in building scalable architectures clearly didn't come in handy here. :-( This took up a significant chunk of our time over the past couple of weeks while we juggled with redesigning some of the components of our system to deal with our dwindling hashrates, from over 200 MH/s last month to around 4-5 MH/s today. In short, we now connect to larger alt-coin pools for coins with much higher difficulty, like dogecoin or litecoin, to try and ensure a more consistent payout for our users and fallback on our own stratum daemons for coins with lower difficulty. We have also recently deployed a new algorithm in our basket mining system which should see better profits in the forthcoming days (it is still experimental and being tweaked as we speak!).

We understand this is our fault for not communicating well with our users, you, and the community. We are extremely sorry about this and will work to improve on it. Altcoinplex and I will be much more active in this forums henceforth and provide better clarity of our operations to you.

What happened with the delayed payouts, of around 1 payout every 2 to 3 days was due to an unfortunately series of events. Our coin switching mechanism decided to mine Auroracoin for a couple of days which takes almost 36 hours for the coin to mature and transferred to our exchange before we could convert it to BTC. When we realised this, we manually intervened into the coin switching mechanism to lower the mining on Auroracoin and set it to mine other alt-coins. As the backlog from the Aurora coins began clearing and we were ready to do another round of payouts, our primary exchange decided to perform maintenance on their BTC wallet and thus prevented us from doing payouts again. The final amount that our miners received shouldn't be affected, only delayed as it was.

This same exchange prevented us from doing payouts in the previous few days due to issues with BTC withdrawals and are attempting to freeze BTC accounts, as such, we decided to go with the lesser evil of trading our BTCs to DOGE, transfer to a separate exchange that we also use, trade it back to BTC at a loss, but at least guarantee our users receive their payouts. [http://stats.altcoinplex.com/poolstats.html]

This exchange has been removed from our list of exchanges that we use until they fix their problems, and we sincerely apologise for causing any distress to our users.

We messed up, we will try our best to fix it!

Hi everyone,

Just a quick update

The system will stop paying out in dogecoin and litecoin at the end of this week due to low take up as we not able to cover for the withdrawal fee.

We sincerely apologise for any inconvenience.

We have been experiencing an exponential growth during the past couple of days. This has caused some pressure on our backend systems which our team is working around the clock to fix and maintain. We will be deploying a new and optimized version in the coming days.

Hi UdjinM6,

Ok thanks for your feedback.

We will look into it.

Issue fixed? or continue