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Topic: [ANN] SPOTS - The iGotSpots Super-Coin.. what more do you need to know? - page 11. (Read 43189 times)

hero member
Activity: 534
Merit: 500
Is the block explorer still working. I can't see any blocks there.
legendary
Activity: 1176
Merit: 1000
This COINZ, is the coins, that makes you happy.

Good luck COINZ


regards

--okane--
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io


CIONZ price used for payouts will be average of buy and sell prices from https://c-cex.com/t/cionz-btc.json
This will result in a fair, average price point between buys and sells using live rate at time of payment

Rent your hash to us today at http://pool.cionz.pw


POOL UPDATE
I have decided to put a max price on the pool buys to get more CIONZ into the hands of stakers

We will still use the same price calculation to figure out the price. The changes from here on out will set the maximum price to 1000 sat each. Meaning that all miners will be getting their CIONZ for a maximum price of 1000 satoshis each. If the price drops lower, the website will reflect this, as well. There is no minimum price. http://cionz.pw has been updated to display this change. If you see the pool's buy price above 1000, please F5 and refresh the page. Please remember, double payments are still active for a limited time, so you are technically getting your CIONZ at a maximum price of 500 sat each through the pool

Thanks for mining on http://pool.cionz.pw
sr. member
Activity: 406
Merit: 252
Thanks I received my equivalent payment for my hashes at last. I will start mining from today onward.
But why is that my previously matured coins are not staking until now?

Also you need to add CIONZ on YoBit.net exchange for better liquidity of current assets. Wink
legendary
Activity: 1778
Merit: 1003
NodeMasters
The number is coming from just one of my investments to this pool. And I'm just using average btc mining profits for my numbers. I would assume a pool would try to be as profitable as possible, no?
Thats why I asked multiple times already, is there a profitability issue of some kind? Only to be told, no no, just keep mining and we'll see. Make some sort of announcement of change because "hey normally with this amount of hashing power we should be making 3 times what we are. maybe we should change something quick."


So then miners, guess what, your luck/profit on this pool, is 1/3 average what you put into it. Better off going big with renting miners and try to solo mine a block.
Now the pool can begin the healing process. its great to hear you are adding altcoins and exchanges. because with 1/3 profitability, just buying cionz straight up is more cost effective. Adding some transparency for miners would be great too, like a profitability calculator, so they can see whether they are going to be losing 1/3 their profit vs btc. I saw this but I thought to myself, someone who would take it upon themselves to setup such a system, had put more thought into it than i did. You should be mad too, I gave you .3 btc worth of hashing power and the pool gave you .12 btc back for everyone.

Im sorry, Im upset, I put in a 100$ bill and got back a 20. Its cool you learned from me, I gave you the hashes to realize the pool had so much room for improvement.
Hopefully from this, the proper steps can be taken to make this pool a wonderful thing.

Hi
well im sorry this has not worked out for you
im looking in to different pool software  that will show a lot more information
i know the currant system dose not show a lot of information but i can assure you that  ALL power that was on the pool was use to mine the coins that we say.  I don't tell lies about this or another thing i have been involved with on this forum.  I have a good reputation on here and i would not be involved with this pool if it was a scam.  
One of the issues  the pool has is the lack of exchanges it can work with so im looking into a new system that can use more exchanges, now that C-CEx has changed its API to one like bittrex we can add a lot more coins to the exchange.  
So please  bare with us we will make progress  and I will make the pool better for everyone


thanks
Paul

full member
Activity: 138
Merit: 100
The number is coming from just one of my investments to this pool.
So then miners, guess what, your luck/profit on this pool, is 1/3 average what you put into it. Better off going big with renting miners and try to solo mine a block.
Now the pool can begin the healing process. its great to hear you are adding altcoins and exchanges. because with 1/3 profitability, just buying cionz straight up is more cost effective. Adding some transparency for miners would be great too, like a profitability calculator, so they can see whether they are going to be losing 1/3 their profit vs btc. I saw this but I thought to myself, someone who would take it upon themselves to setup such a system, had put more thought into it than i did. You should be mad too, I gave you .3 btc worth of hashing power and the pool gave you .12 btc back for everyone.

Im sorry, Im upset, I put in a 100$ bill and got back a 20.
Hopefully from this the proper steps can be taken to make this pool a wonderful thing

You do understand you're responding to someone who does not give two shits about what anyone says?  He believes everything he does is the best and will make everyone plenty of BTC! 

Obviously, he's wrong.
I wouldnt go that far, I would go as far as, for anyone trying to make a profit, you should think it through as act quickly on it. I dont understand, you had this pool in beta, I would assume the profitability issue in mining was seen there. and then you open it to the public, I throw about 200$ dollars at you, get 30 back. and then you say "yeah looks like we are adding lots of stuff to bring the profitability up." 
great for you (you'll make more from now on), sucks for the people that believed you already tested this. Im done with the pool now, Im more upset that you would open the pool up like this with a 25% return.
No one opens a pool to make 25% back. Do you go to a cashier to break a dollar to only get a quarter back. hell no. no one would knowingly use such a system. You cant open a business with that much loss, it loses profit from the user and you, the owner. The system just ate it up.

We have given all the numbers. Honestly, I feel like you're just trolling at this point. Your hashrate was, in no way, worth remotely close to .3 BTC
Da Faq?
 100ths for 12 hours and 11ths for 24 hrs mining btc would get you .3 btc, (100th/s right now per day .44btc or .22 for 12 hours... thats pretty darn close to .3btc. Wait doesnt that make you mad, i sent you basically .22 btc worth of hashes and your system... only made about .07btc from just me that day.).  I know the renting game, im selling my hashes as well. I questioned multiple times if it was pool profitability since my payouts were low, and I was giving you guys benefit of the doubt that you wouldnt just screw with the miners. I said only 3 things would cause this. you can read my previous comments.
But yes thanks for the numbers, like im saying and what paul is saying below as well, there IS a profitability issue that you are NOW trying to fix. Thats why I made such a big deal, I saw this by day Shift 2. Shift 1 was my test, and I saw I lost a bit then compared to btc mining. waited for day 2, thought you know what lets go big scale, I wont lose that much. Lost ALOT. tried to tell you, did the math for you, basically saying currently this system is less than 25% efficient. I asked if it was an effieciency problem, only to be brushed off, so I assumed then I was being screwed. You see more on the backend than I can. This shouldve been in your face before you opened the pool to the public.

IGOTSPOTS and Paul, you are correct you paid me out just like you should have. Its just that the system wasted so much time, money, and hashes.

Is there a reason we arent mining btc here, Isnt there a way for you to redirect our hashes to a pps/pplns pool (well i know there is, but does this pool support it?). that would help get profitability up.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
We have given all the numbers. Honestly, I feel like you're just trolling at this point. Your hashrate was, in no way, worth remotely close to .3 BTC
full member
Activity: 138
Merit: 100
The number is coming from just one of my investments to this pool. And I'm just using average btc mining profits for my numbers. I would assume a pool would try to be as profitable as possible, no?
Thats why I asked multiple times already, is there a profitability issue of some kind? Only to be told, no no, just keep mining and we'll see. Make some sort of announcement of change because "hey normally with this amount of hashing power we should be making 3 times what we are. maybe we should change something quick."


So then miners, guess what, your luck/profit on this pool, is 1/3 average what you put into it. Better off going big with renting miners and try to solo mine a block.
Now the pool can begin the healing process. its great to hear you are adding altcoins and exchanges. because with 1/3 profitability, just buying cionz straight up is more cost effective. Adding some transparency for miners would be great too, like a profitability calculator, so they can see whether they are going to be losing 1/3 their profit vs btc. I saw this but I thought to myself, someone who would take it upon themselves to setup such a system, had put more thought into it than i did. You should be mad too, I gave you .3 btc worth of hashing power and the pool gave you .12 btc back for everyone.

Im sorry, Im upset, I put in a 100$ bill and got back a 20. Its cool you learned from me, I gave you the hashes to realize the pool had so much room for improvement.
Hopefully from this, the proper steps can be taken to make this pool a wonderful thing.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
legendary
Activity: 1778
Merit: 1003
NodeMasters
ok then you want information about the pool

this is the BTC that the pool has got from the shifts 

shift 1 0.04870325    CIONZ Buy price 0.00001551 CIONZ sent out 6306.02836879
shift 2 0.12464869    CIONZ Buy price 0.00002954 CIONZ sent out 8452.85646581
shift 3 0.06702020    CIONZ Buy price 0.00001375 CIONZ sent out 9661.97090909
Total   0.24037214
full member
Activity: 138
Merit: 100
well got 2509 cionz this round. So yeah im pulling out. shift 2 shouldve been in the tens of thousands.
Compare it to as if i bought coins at the 2400ksat price with .3 btc (at time of shift 2), wouldve been a bit over 12000 cionz.
thats with only 1 miner i sent, I had 2 others hashing there as well. so how the .... is it that i got 3450 cionz shift 2.......  HOW...
I couldve directly bought 12000 cionz at 2400ksat... and you say you would get us double...

I dont .......... recall seeing the price of cionz being .0002, because thats what the it wouldve had to have been if I was to buy .3 btc worth and get double when i mined (the ~3450 cionz).
Second, the trade happened in the afternoon on the 14th, when price wasnt close to the max of .0001 earlier that day... so again... where are the thousands of cionz you owe me, and all the other miners.
Be careful guys, nothing adds up.

Shift end                           Your shares   Total shares   Percent   Avg. hash rate   Payment   Status
Sat Jan 16 2016 21:00:01   160107214   443536989   36.0978%   3.62 TH/s           2509.407264 CIONZ   Complete
Thu Jan 14 2016 21:00:00   1250778783   1911762735   65.4254%   28.27 TH/s      3450.618214 CIONZ   Complete
Tue Jan 12 2016 21:00:01   86832909           238616270   36.3902%   3.00 TH/s            1910.243913 CIONZ   Complete

Do the math.
Dont blame the miner either, It sent the shares, again compare my shift 2 to the others, I want an explanation and a fix, if you cant just pay me the fair amount of cionz. If it truly was a internal profit issue (like profitability switching), you should still compensate us, put the pool under maintenance, until you fix the parameters.

 This is a scam if you just say, "yup, you guys will mine random altcoins, and whatever the profit is ill give you double.." for all i know, you show us on the status page that we are mining goddang unit most of the time, making no profit, when in actuality you are redirecting the hashes towards bitcoin. There is no transparency with the pool, so much is hidden. And you dont care to look into a huge issue for people using your service. I gave you my problem and math that backs it up, look at the value of cionz on the 14th, tell me, If i was to purchase .3 btc, either at the highest price, or when you traded the cionz to us... what would that be?
Why is my payout so small compared to it then.

 I dont care if i need to show you the rental, but I want my correct miner payout.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
well I'm deciding im not gonna wait, if there is no explanation for a 25% return, Id rather not lose more btc than i already have using the pool. im pulling my miners out.

The next shift has not ended, payments cannot be made mid-shift.. This is a multipool, they all operate the same way; you cannot base your earnings on one shift before you receive all your payments, that's just not how it works
thats why im asking for an explanation. Ill eat my words and apologize saturday if the difference is fully made up. My understanding was the altcoins mined during the shift pay you out, why would i have to wait for the third shift to get the rest, thats separate. shift 2 was my issue, this is shift 3 halfway done.
my question still applies, first person tried to tell me that some shares carried over, which is not correct. over 14 times the shares and way more hash was sent in in the second shift, yet my payout was just about 2x the first shift.
First shift average hashrate 3th/s
second was 28th/s. again i sent 100th/s to the pool for 12 hours. 11ths for 24 hours of shift 2.
i would expect a much higher cionz payout than what already was paid out yesterday.
Im not complaining about the current shift (3rd), its that mathematically it looks like im 10000 cionz short, from shift 2. UNLESS the pool picked not profitable altcoins to mine OR the pool luck was the worst in the history of mining. 25% luck for every single coin for 2 days? bull.
I was 25% hash power round 1 and 65% the second, im trying to let you know something isnt right.

Please wait until payments stop coming in on that address to confirm whether or not you are losing all this money

Paul and I are talking about expanding the pool to include more exchanges, which will give us more coins to pick from to mine. It's a work in progress, and we are here to help. The whole thing is to help CIONZ, we would never try to short-change anyone. Starting now, we are going to drop a few exchanges and add some others to try and squeeze as much profit out of the hashrate as possible. We will also be adding many, many more coins to mine, starting with SHA

Moving forward, http://pool.cionz.pw will be using Bittrex, c-cex, and Poloniex for trading mined coins
full member
Activity: 138
Merit: 100
well I'm deciding im not gonna wait, if there is no explanation for a 25% return, Id rather not lose more btc than i already have using the pool. im pulling my miners out.

The next shift has not ended, payments cannot be made mid-shift.. This is a multipool, they all operate the same way; you cannot base your earnings on one shift before you receive all your payments, that's just not how it works
thats why im asking for an explanation. Ill eat my words and apologize saturday if the difference is fully made up. My understanding was the altcoins mined during the shift pay you out, why would i have to wait for the third shift to get the rest, thats separate. shift 2 was my issue, this is shift 3 halfway done.
my question still applies, first person tried to tell me that some shares carried over, which is not correct. over 14 times the shares and way more hash was sent in in the second shift, yet my payout was just about 2x the first shift.
First shift average hashrate 3th/s
second was 28th/s. again i sent 100th/s to the pool for 12 hours. 11ths for 24 hours of shift 2.
i would expect a much higher cionz payout than what already was paid out yesterday.
Im not complaining about the current shift (3rd), its that mathematically it looks like im 10000 cionz short, from shift 2. UNLESS the pool picked not profitable altcoins to mine OR the pool luck was the worst in the history of mining. 25% luck for every single coin for 2 days? bull.
I was 25% hash power round 1 and 65% the second, im trying to let you know something isnt right.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
well I'm deciding im not gonna wait, if there is no explanation for a 25% return, Id rather not lose more btc than i already have using the pool. im pulling my miners out.

The next shift has not ended, payments cannot be made mid-shift.. This is a multipool, they all operate the same way; you cannot base your earnings on one shift before you receive all your payments, that's just not how it works
full member
Activity: 138
Merit: 100
well I'm deciding im not gonna wait, if there is no explanation for a 25% return, Id rather not lose more btc than i already have using the pool. im pulling my miners out.
hero member
Activity: 560
Merit: 500
i have 105 CIONZ how long will it take for me to stake? 1 week maybe?

Hardly.  I'm in the top 20 on the list, with a single transaction and have never staked.  It's been weeks.

You probably will not stake for months, if ever, as long as the premine is staking.

Lol, ignore this dude. You could stake anytime, the longer you wait the higher your percentage. Some people have staked with as little as 21 coins already

There has been a single person who claims to have staked other than you in this thread.  Link or it never happened.


I have hit 9 POS stakes. I got all my coins from solo mining. Then after POW was done I combined them all into inputs of 1000~3000 coins per batch. After a day passed I combined all of the 1000 input into one 10k input and left the others at 2k~3k. Most of the 2k~3k batches have staked and so did the 10k batch. I think it was four days weight for the 2~3k batches and two days weight for the 10k batch to stake. I'm sure it may got better as the block chain moves more.

http://explorer.cionz.pw/address/CRCDpfqUNnSBXv6Cfri6tLb9tSUWd4aCmZ




Thanks for the info.
member
Activity: 80
Merit: 10
Yes. The answer is yes.

Did I? Are you sure this two week old coin is already dead? In fact, I'll just put you on ignore since you are making me stoop to your level and I don't like being shit. Cherry-picking screenshots immediately after a dump just shows your true intention. Fuck off, I won't be able to read what you say anymore anyway so don't bother

Such a level headed developer you are...  I can see why your coins end up the way they do.  Thanks for showing your true colors.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io

Wrong again lol but I'm not going to bother arguing with you, because I really don't care  Kiss

Yes, and as I can see by the lack of anyone posting but you, nobody else cares about your shitcoin either.

Quite coincidental that the post, immediately, above yours shows you are full of shit   Kiss

Have a good day hater, nice post edit when you realize you're wrong   Cheesy

Wrong?  Not quite.  This coin has absolutely 0 interest and at this point your 99% premine is worthless.

.31 BTC support


Can't even make the Hot list...



You lost.


Did I? Are you sure this two week old coin is already dead? In fact, I'll just put you on ignore since you are making me stoop to your level and I don't like being shit. Cherry-picking screenshots immediately after a dump just shows your true intention. Fuck off, I won't be able to read what you say anymore anyway so don't bother
member
Activity: 80
Merit: 10
Yes. The answer is yes.

Wrong again lol but I'm not going to bother arguing with you, because I really don't care  Kiss

Yes, and as I can see by the lack of anyone posting but you, nobody else cares about your shitcoin either.

Quite coincidental that the post, immediately, above yours shows you are full of shit   Kiss

Have a good day hater, nice post edit when you realize you're wrong   Cheesy

Wrong?  Not quite.  This coin has absolutely 0 interest and at this point your 99% premine is worthless.

.31 BTC support


Can't even make the Hot list...



You lost.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io

Wrong again lol but I'm not going to bother arguing with you, because I really don't care  Kiss

Yes, and as I can see by the lack of anyone posting but you, nobody else cares about your shitcoin either.

Quite coincidental that the post, immediately, above yours shows you are full of shit   Kiss

Have a good day hater, nice post edit when you realize you're wrong   Cheesy
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