[ANN] CoinLab Protected Pool - page 22.

jjiimm_64

legendary

Activity: 1876

Merit: 1000

Quote from: CoinLab on November 19, 2012, 04:56:44 PM

We're probably going to stop issuing new Loyalty Points sometime this week, so if you want more, get them while you can Wink

.

Thanks for the update.

If you stop issuing loyalty points, I hope you will clearly state what is what on the website, before this happens.

CoinLab

sr. member

Activity: 270

Merit: 250

1CoinLabF5Avpp5kor41ngn7prTFMMHFVc

Quote from: jjiimm_64 on November 19, 2012, 02:48:52 PM

The silence is deafening. again...

Turkey week is here....
then a long weekend...
Monday will be the 26th of November. 2 days before halving day.

Reward-Drop ETA: 2012-11-29 06:45:20 UTC (1 week, 2 days, 11 hours)

Is coinlab working this week?

We still dont know much more then we knew a month ago.

Do we have to redeem points right away? How does it work? will we be paid in USD? bitcoin? what exchange rate?

Just got into the office, had a doctor's appointment this morning, sorry for the delay.

CoinLab will be working M-W of this week. Th and F are company holidays.

We're still finalizing our plans for Loyalty Point redemption, and we'll let you know what our plan is once we have the process solidified. This will be Wednesday of this week at the latest (hopefully end of day today or tomorrow). We will be prepared for you all to start redeeming Loyalty Points when the block reward halves.

We're probably going to stop issuing new Loyalty Points sometime this week, so if you want more, get them while you can Wink

.

CoinLab

sr. member

Activity: 270

Merit: 250

1CoinLabF5Avpp5kor41ngn7prTFMMHFVc

Quote from: jjiimm_64 on November 16, 2012, 03:04:17 PM

Quote from: CoinLab on November 16, 2012, 01:28:40 PM

Quote from: pT75y on November 16, 2012, 07:17:53 AM

https://bitcointalksearch.org/topic/ann-coinlab-protected-pool-99643

Quote

Users who submit at least 1,125,000 shares in one week will be paid at the increased rate of 97% PPS. 1,125,000 shares is equivalent to 100% uptime with 10GH/s for one week. Double the hash rate will earn this many shares in half the time. (Ex. If you have 15 GH/s, you will reach 1,125,000 shares 66% of the way through the week.) The new week begins each Monday. Early on-request payouts will be credited at 95% PPS unless you have already earned 1,125,000 shares that week.

http://pool.coinlab.com/partners/protected/

Quote

(based on a 30 minute trailing average)
CURRENT PAYOUT RATE: 95%
WEEKLY SUMMARY OF MINING FOR ...
Week Worker Hours MH/s Shares Total Shares Bitcoins Total Bitcoins
2012-11-11 Combined 134.17 23,535.1 2,646,788

the proposal is canceled ?

The 97% bonus doesn't show up in the interface, it's currently done on the accounting side. If you look at your earnings for the week, you'll notice last week's payout was 97/95 greater than that.

pT75y, I sent you a PM that explains the math for your payout.

Coinlab:

This really shows why you should put more information on the website... If for no other reason then you wont have to field so many questions and waste time re-answering the same question over and over again.

Please dont worry about what the hell it looks like. just give us a big table of information

pay at 95%
pay at 97%
pay if minimum
loyalty points if none used this week
loyalty points if minimum pay accepted
shares per worker
blocks founds this worker
~~shares at pps 150%~~
~~shares at pps 105%~~
shares per worker at 0.00001455
shares per worker at 0.00001565
etc
etc
etc
any thing else you can think of, the more data the better

We agree, and this is one of the next things our devs will be working on as soon as the client is ready for release.

Tittiez

hero member

Activity: 686

Merit: 500

Silence.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: jjiimm_64 on November 19, 2012, 02:48:52 PM

Do we have to redeem points right away? How does it work? will we be paid in USD? bitcoin? what exchange rate?

I've racked up 90m loyalty points, I'd like to know the skinny on this also.

jjiimm_64

legendary

Activity: 1876

Merit: 1000

The silence is deafening. again...

Turkey week is here....
then a long weekend...
Monday will be the 26th of November. 2 days before halving day.

Reward-Drop ETA: 2012-11-29 06:45:20 UTC (1 week, 2 days, 11 hours)

Is coinlab working this week?

We still dont know much more then we knew a month ago.

Do we have to redeem points right away? How does it work? will we be paid in USD? bitcoin? what exchange rate?

AmDD

legendary

Activity: 1027

Merit: 1005

Quote from: superfastkyle on November 18, 2012, 09:19:32 PM

so when do payouts occur?

Monday

superfastkyle

sr. member

Activity: 437

Merit: 250

so when do payouts occur?

monstrs

hero member

Activity: 555

Merit: 504

Its nice to know that nvidia cards will begood for BTC ernings too.

Zubilica

hero member

Activity: 837

Merit: 1000

Quote

If an NVIDIA card is 3X more efficient at solving a given HPC problem, they will earn 3x as much Bitcoin for doing that work. (And often NVIDIA cards are 3x faster than a comparable AMD at HPC tasks)

HPC client (Win and Linux) will be available some time in the near future , i do not know any ETA for it .

monstrs

hero member

Activity: 555

Merit: 504

Quote from: meebs on November 17, 2012, 11:52:16 PM

Quote from: monstrs on November 17, 2012, 05:14:55 AM

When loyality points will be spended, what then? Will it be profitable to stay on this pool with gpu's? Will nvidia perform better for this?

I would imagine that the value of the work would be based on a supply/demand basis. If there is say 3 thash equivilent of computation needed by customers and 4 thash of workers available, the reimbursement rate would likely drop, but if the reverse was true than the amount the customers are charged would likely go up along with our pay.

Is that what you imagine, or it will really work like this? Realy nvidia will be beter?

meebs

hero member

Activity: 616

Merit: 500

Quote from: monstrs on November 17, 2012, 05:14:55 AM

When loyality points will be spended, what then? Will it be profitable to stay on this pool with gpu's? Will nvidia perform better for this?

I would imagine that the value of the work would be based on a supply/demand basis. If there is say 3 thash equivilent of computation needed by customers and 4 thash of workers available, the reimbursement rate would likely drop, but if the reverse was true than the amount the customers are charged would likely go up along with our pay.

monstrs

hero member

Activity: 555

Merit: 504

When loyality points will be spended, what then? Will it be profitable to stay on this pool with gpu's? Will nvidia perform better for this?

Zubilica

hero member

Activity: 837

Merit: 1000

More stats , more happy miners.

I'm looking to invest in some Nvidia cards , but I'm not sure witch ones are more efficient for HPC software , any ideas ?

stoppots

sr. member

Activity: 271

Merit: 250

Quote from: jjiimm_64 on November 16, 2012, 03:04:17 PM

Coinlab:

This really shows why you should put more information on the website... If for no other reason then you wont have to field so many questions and waste time re-answering the same question over and over again.

Please dont worry about what the hell it looks like. just give us a big table of information

pay at 95%
pay at 97%
pay if minimum
loyalty points if none used this week
loyalty points if minimum pay accepted
shares per worker
blocks founds this worker
~~shares at pps 150%~~
~~shares at pps 105%~~
shares per worker at 0.00001455
shares per worker at 0.00001565
etc
etc
etc
any thing else you can think of, the more data the better

THIS +1

Any pool with a lack of transparency is a shady pool in that it avoids being up front with its miners for watever reason.

Some pools have big flashy pages while disregarding the info miners want to see most. Others are very basic but have no problem providing its miners more of the stats and info they want to see and need to see.

AniceInovation

donator

Activity: 446

Merit: 262

Interesting.

Quote from: philips on November 15, 2012, 11:01:13 PM

Quote from: jjiimm_64 on November 15, 2012, 10:36:29 PM

after running some numbers and possible scenarios.. I would like the option to continue earning loyalty points till the asics are released.

Yes please, let us choose individually when to to switch.

Actually, i would also like to keep gathering loyalty points until ASICs arrive if possible Wink

jjiimm_64

legendary

Activity: 1876

Merit: 1000

Quote from: CoinLab on November 16, 2012, 01:28:40 PM

Quote from: pT75y on November 16, 2012, 07:17:53 AM

https://bitcointalksearch.org/topic/ann-coinlab-protected-pool-99643

Quote

Users who submit at least 1,125,000 shares in one week will be paid at the increased rate of 97% PPS. 1,125,000 shares is equivalent to 100% uptime with 10GH/s for one week. Double the hash rate will earn this many shares in half the time. (Ex. If you have 15 GH/s, you will reach 1,125,000 shares 66% of the way through the week.) The new week begins each Monday. Early on-request payouts will be credited at 95% PPS unless you have already earned 1,125,000 shares that week.

http://pool.coinlab.com/partners/protected/

Quote

(based on a 30 minute trailing average)
CURRENT PAYOUT RATE: 95%
WEEKLY SUMMARY OF MINING FOR ...
Week Worker Hours MH/s Shares Total Shares Bitcoins Total Bitcoins
2012-11-11 Combined 134.17 23,535.1 2,646,788

the proposal is canceled ?

The 97% bonus doesn't show up in the interface, it's currently done on the accounting side. If you look at your earnings for the week, you'll notice last week's payout was 97/95 greater than that.

pT75y, I sent you a PM that explains the math for your payout.

Coinlab:

This really shows why you should put more information on the website... If for no other reason then you wont have to field so many questions and waste time re-answering the same question over and over again.

Please dont worry about what the hell it looks like. just give us a big table of information

pay at 95%
pay at 97%
pay if minimum
loyalty points if none used this week
loyalty points if minimum pay accepted
shares per worker
blocks founds this worker
~~shares at pps 150%~~
~~shares at pps 105%~~
shares per worker at 0.00001455
shares per worker at 0.00001565
etc
etc
etc
any thing else you can think of, the more data the better

CoinLab

sr. member

Activity: 270

Merit: 250

1CoinLabF5Avpp5kor41ngn7prTFMMHFVc

Quote from: pT75y on November 16, 2012, 07:17:53 AM

https://bitcointalksearch.org/topic/ann-coinlab-protected-pool-99643

Quote

Users who submit at least 1,125,000 shares in one week will be paid at the increased rate of 97% PPS. 1,125,000 shares is equivalent to 100% uptime with 10GH/s for one week. Double the hash rate will earn this many shares in half the time. (Ex. If you have 15 GH/s, you will reach 1,125,000 shares 66% of the way through the week.) The new week begins each Monday. Early on-request payouts will be credited at 95% PPS unless you have already earned 1,125,000 shares that week.

http://pool.coinlab.com/partners/protected/

Quote

(based on a 30 minute trailing average)
CURRENT PAYOUT RATE: 95%
WEEKLY SUMMARY OF MINING FOR ...
Week Worker Hours MH/s Shares Total Shares Bitcoins Total Bitcoins
2012-11-11 Combined 134.17 23,535.1 2,646,788

the proposal is canceled ?

The 97% bonus doesn't show up in the interface, it's currently done on the accounting side. If you look at your earnings for the week, you'll notice last week's payout was 97/95 greater than that.

pT75y, I sent you a PM that explains the math for your payout.

ShadesOfMarble

donator

Activity: 543

Merit: 500

The web interface does not show the bonus. It is calculated (and payed out) when the payouts (only on monday) are made.

yochdog

legendary

Activity: 2044

Merit: 1000

Quote from: pT75y on November 16, 2012, 07:17:53 AM

https://bitcointalksearch.org/topic/ann-coinlab-protected-pool-99643

Quote

Users who submit at least 1,125,000 shares in one week will be paid at the increased rate of 97% PPS. 1,125,000 shares is equivalent to 100% uptime with 10GH/s for one week. Double the hash rate will earn this many shares in half the time. (Ex. If you have 15 GH/s, you will reach 1,125,000 shares 66% of the way through the week.) The new week begins each Monday. Early on-request payouts will be credited at 95% PPS unless you have already earned 1,125,000 shares that week.

http://pool.coinlab.com/partners/protected/

Quote

(based on a 30 minute trailing average)
CURRENT PAYOUT RATE: 95%
WEEKLY SUMMARY OF MINING FOR ...
Week Worker Hours MH/s Shares Total Shares Bitcoins Total Bitcoins
2012-11-11 Combined 134.17 23,535.1 2,646,788

the proposal is canceled ?

I am wondering about this too.....I show 95% as well, and I FAR exceed the 1,125,000 shares per week.

Topic: [ANN] CoinLab Protected Pool - page 22. (Read 97861 times)