[ANN] [LTC][EU/US][CPPSRB] Hypernova, your mining pool – 1% fee - page 6.

M0nsieurChat

newbie

Activity: 38

Merit: 0

Thanks for your support !
We've been up for 12 days. Still counting

We're going fine. Solving 1/2 blocks per day at current difficulty. However, we need you !
We managed to lower the reject rate and we plan to implement soon an exclusive PPS reward system in the litecoin world...

Stay tuned !

archetyp

member

Activity: 92

Merit: 10

great work guys!

Cazz0r

newbie

Activity: 19

Merit: 0

I'm loving this pool so far, kudos to M0nsieurChat and Soak!

I've found a couple bugs which have been sorted out really fast, over the course of the last week I've seen various new features added to the site and the continual development and involvement both admins show is outstanding, the community is slowing building in IRC and everybody is friendly. I really hope the speed for this pool takes off and more people come to, what I feel, is one of the better pools going.

M0nsieurChat

newbie

Activity: 38

Merit: 0

As Soak said, we've doubled our hashrate the last 24h. Thanks to all of you !

The website is now accessible with HTTPS and SSL is enforced on the old links to the HTTP website.

Come visit us a http://hypernova.pw and give us our chance !

Already 4 blocks since opening..

Soak

full member

Activity: 213

Merit: 100

We found 3 blocks since the launch one week ago Grin

Thanks to all our members who came mine on our pool these days, that was not simple because we spotted some bugs but now we are in a good shape and all the bugs will be fixed in the next days. We created this pool to propose a robust alternative to others one, so we want to keep our promise.

We have focused on security and we have implemented a 4-digits pin code for critical changes on the accounts like payments details. Tonight we will implement SSL certification.

We are always in need of miners, the more we are, the less time we take to find blocks. Everybody is welcome

M0nsieurChat

newbie

Activity: 38

Merit: 0

Hypernova found its 2nd block ! Thanks for all miners supporting us from the beginning (or from 10 minute ago).

We're really starting to get serious and efficient.

100 LTC's redistributed and counting...

Soak

full member

Activity: 213

Merit: 100

Quote from: Woshie on May 01, 2013, 01:20:32 PM

How come there's a 16 character limit on the account password? I'm a big fan of long passwords, and I'm sure I'm not the only one.

16 caracters are enough for a pool account, if you choose a secure password with some random letters and numbers. We store passwords with encryption don't worry about that. Wink

Woshie

newbie

Activity: 36

Merit: 0

How come there's a 16 character limit on the account password? I'm a big fan of long passwords, and I'm sure I'm not the only one.

willhash4food

member

Activity: 112

Merit: 10

Nice proportional pool. Layout is top notch. 96% efficiency and rising!

Soak

full member

Activity: 213

Merit: 100

I changed the reward system to Proportional because at the end that's what we use Wink

We need more people to give it a try and some word of mouth, help us to grow Grin

M0nsieurChat

newbie

Activity: 38

Merit: 0

I didn't knew it was taking ~2 days to be able to post on this forum.. So here it is : Hi ! I'm M0nsieurChat, the co-founder of Hypernova.

Okay sorry for confusing you with using the term RBPPS.
Here is an example to be clear: Hypernova needed 1000 shares to solves its block. Bob submitted 300 shares, Sarah 300 shares as well and Josh 400 shares. Bob will get 15 LTC, Sarah 15 LTC aswell and Josh 20 LTC.

We called it Round Based Pay Per Share because at every end of a round (aka round based), we finally know how much shares the pool needed to solve this block. As we know the network's reward : 50 LTC.
As we know the reward and the total shares needed, we can extrapolate the price per share.
As we know aswell every the number shares individually submitted by every of its miners, we can safely and easy know how much we need to pay them.

So sorry again for that confusion. Hope the example above is understable.

PS : We need more hashrate to solve blocks quicker and get paid quicker !

phrozenspite

sr. member

Activity: 266

Merit: 250

Yeah, I don't mean to be a downer but that was my concern. Your described system is proportional/score based not rbpps. Round based pay per share is like regular pay per share where each weighted share has a fixed value in coins calculated based on expected number of shares at that current difficulty. The difference comes in rbpps waits till a block is found and confirmed, and doesn't pay orphans. Check coinotrons https://coinotron.com/coinotron/AccountServlet?action=statistics round stats, some rounds they only pay out a small amount of coin, others over the block reward if it goes longer.
Might want to rethink the description, there was a lot of disappointment and confusion over pay at wemineltc which is why I asked.

TheSwede75

full member

Activity: 224

Merit: 100

Does indeed seem to be catching up with stats etc. Good job!

Soak

full member

Activity: 213

Merit: 100

Quote from: phrozenspite on April 28, 2013, 08:19:20 PM

Ah, i'm not sure, that sounds like a score based or proportional system still. Am i correct that including the 1% fee that no more or less is paid with this pool than the 50 ltc every round divided according to people's weighted contributions whether its a 5 share round or a 5 million share round?

We distribute 50 LTC-1% so 49.5 LTC to all miners who mined on the previous "pool round" (in fact we calculate pending earnings every time we found a block, and we upgrade balance after 120 confirmations) proportionally to the work they submitted, taking into account the difficulty of every share submitted to adjust the earnings, obviously.

M0nsieurChat, the back-end developer wait for his account to be white-listed, I think he will detail more how works the things behind the scenes.

For information, shares under the "round facts" block on the account is not accurate for the moment, we working on that. The shares used for the payout calculation are still valid, you don't have to worry about that.

And a very good news, we just found our first block!

razorfishsl

sr. member

Activity: 399

Merit: 250

Gave it a test...
Threw 50Kh/s at it , and it reported 10..........

Did the same to "us.litecoinpool.org" and it reported 55kh/s

TheSwede75

full member

Activity: 224

Merit: 100

I have been mining for 6+ hours at around 500+ KH/S and seem stuck. We haven't found a block etc. Over 5k reported by miner but somehow hypernova reports almost none. Also not updating hash rate. What is up with the pool? I am 'TheSwede' and have 2 workers (just stopped both as it seems nothing it working).

phrozenspite

sr. member

Activity: 266

Merit: 250

Ah, i'm not sure, that sounds like a score based or proportional system still. Am i correct that including the 1% fee that no more or less is paid with this pool than the 50 ltc every round divided according to people's weighted contributions whether its a 5 share round or a 5 million share round?

Soak

full member

Activity: 213

Merit: 100

Quote from: phrozenspite on April 28, 2013, 05:50:25 PM

this is going to be an odd question perhaps but could you confirm that the pay system is definitely rbpps. wemineltc had said theirs was rbpps but was actually just proportional. i guess the simplest way to clarify this, on long rounds is it possible for the pool to take a loss and make it up on short rounds

We never lost or gain more money than we should because we pay the miners per shares submitted, proportionnaly to their work and the shares difficulty. The pool take 1% and we distribute the rest to the miners who participed to the round, accordingly to their work.

So I can say we are a really strict RBPPS pool, nothing more, nothing less.

phrozenspite

sr. member

Activity: 266

Merit: 250

this is going to be an odd question perhaps but could you confirm that the pay system is definitely rbpps. wemineltc had said theirs was rbpps but was actually just proportional. i guess the simplest way to clarify this, on long rounds is it possible for the pool to take a loss and make it up on short rounds

Soak

full member

Activity: 213

Merit: 100

Quote from: TheSwede75 on April 28, 2013, 05:30:23 PM

Can't connect with info given here. Account created etc. but timing out. Never mind. Tried using stratum which is apparently not available.

DISREGARD!

It would really be helpful if you could describe your problem. As we are looking on the statistics, you are currently mining on the pool and already have a bunch of logged shares.

We don't use Stratum because we have coded our own software to distribute work, called Prism. Stratum is a good protocol for ASIC stuff but not better with GPU, so that's a natural choice for Litecoin.

Topic: [ANN] [LTC][EU/US][CPPSRB] Hypernova, your mining pool – 1% fee - page 6. (Read 16044 times)