Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info - page 133. (Read 759239 times)

It all ended about here, feel free to browse: https://bitcointalksearch.org/topic/m.6891888
Investors do not always suggest stuff you wish to hear .. no need to treat them like crap and start trying to lie about them.

The only reason I mine on your pool is because its the only one. There seems to be problems with payouts and the front end always going down. Still better than nothing

By whom? There are a few of us on the team, this will be an important discussion point if true.

Oh they were not missed. They were definitely seen and objected to, then FUD was attempted to be spread by a staff.

We do not employ tactics like that at Chunkypools. Sorry if your messages got missed, it has been a very busy and chaotic couple of weeks. We're looking into this now.

We understand and appreciate your concerns. We're moving them to the top of the priority list for the weekend.

Our X-11 and SHA-256 servers are recent additions to chunky, and only came online after the WhiteCoin fix, they were designed and implemented specifically at the request of the whitecoin community. You are right that we need to speed the process of adding new coins there, we did make clear at launch that these were test ports, but they have performed perfectly and we anticipate being able to add new coins to them very quickly.

We'd love your input if you have any suggestions you'd like to share with us in PM.

Thanks again for your patience

I wish that were not the case. The X11 multipool is actually a Munitipool as I have previously pointed out but my posts were crowded out by the staff, seemingly intentionally I may add.

MUN instead of DRK?  chunky have had people mining muniti instead of dark coin the last two weeks?

No problem, last night we were mining potcoin. Our front end lists all of our community coins (1% fee standard mining pools as well as the "portfolio diversifying" chunkyport). The direct link to chunkypools.com/wc displays the actual coin we are mining on the multipool. We would like to be on Doge right now but would need at least another 1-200MH on the multipool for it to actually be profitable for the miners on a daily basis (block times become too high for the tastes of most of our miners otherwise).  We'd actually be really interested in your findings, as we are constantly trying to improve our metrics and processes. You can send them to us via PM here or directly to mculp or mogonzo.

Just a note for your evaluation, there are trading factors in play as well, including network transfer times in alts and BTC, as well as withdraw and deposit turnaround times at exchanges. Some multipools buy ahead of the market to maximize profits (therefore taking an "invisible" chunk of the miner's profits as well), this gives the appearance of live trading when in fact it can be days and weeks between their buys. Or, they may have an existing deep wallet reserve to dive into... which in the end negates the purpose of a multipool.

Chunky doesn't do that, we actually buy our payouts daily, which does impact the speed of the process... but it has the advantage of meeting the actual goal of a multipool. No shots intended at the competing WC pools, as of course we don't know how they operate their buys.


This is actually quite compelling, thank you for this. I'll forward this to the trade team immediately. Our X-11 & SHA-256 ports were only just recently added, so the process for adding the coins we need listed there is ongoing. If you have any favourites (and especially reasons for them being your favs), we'd love to hear them!

Happy mining everyone!

Yes and the foundation of my claim that they cannot be that irresponsibly stupid, surely they must be secretly mining a profitable coin with our hardware and electricity and scamming us instead? If not then their lack of professionalism is just shocking.

+1

In addition, the MUN is from 1-2 weeks at least pay a coin in X11, and mining results in a negative financial result.

Look here, please : http://www.whattomine.com/coins?utf8=%E2%9C%93&factor%5Bscrypt_hash_rate%5D=1000.0&factor%5Bscrypt_power%5D=380.0&factor%5Bscrypt_n_hr%5D=450.0&factor%5Bscrypt_n_p%5D=330.6&factor%5Bcha12_hr%5D=73.0&factor%5Bcha12_p%5D=330.6&factor%5Bcha14_hr%5D=12.0&factor%5Bcha14_p%5D=330.6&x11f=true&factor%5Bx11_hr%5D=2900.0&factor%5Bx11_p%5D=190.0&factor%5Bcost%5D=0.2&commit=Calculate&sort=Profit&factor%5Bheavycoin_hr%5D=18.0&factor%5Bheavycoin_p%5D=247.0&factor%5Bgro_hr%5D=15.0&factor%5Bgro_p%5D=228.0

the X11 single coin pool "multipool" is not profitable.

Ok thanks for clearing that part up about them not being on the multipool. What coins were you mining on the multi pool last night? just so I can do do my own calculations, cheers.

Sorry you feel that way, but the payouts last night would seem to tell a different story. Hope you'll consider giving us a try.

would not matter much, chunky are just horrid at trading...like really really bad.

Those are independent coin community pools not associated with the multipool. For the multipool, we only mine coins that maximize profitability using a custom analysis of our own. We balance volume with difficulty and the current hash of the mulitipool to determine the coin we mine. Using this custom developed formula (especially while the WC multipool's hash is below 1 GH), the best coin to mine does not change as often as the list on coinwarz.

We also use trade guidance as to when we perform our buys, and pass these profits along to the customer. For example last night, we executed our buys well before the pump, and paid out to our customers while the price was still much higher than they had mined at.

Once the WC multipool reaches 1 GH, we'll have the ability to divide the hash across many coins, at that point you'll see a much larger roster of coins added very quickly. Hope that clears things up!

I tried to have this explained or resolved yesterday, they were to interested in burying my posts under a load of junk instead of addressing the issues at hand.

Nice link Kestrel BTW ... Thanks

Just out of curiosity why do you have defcoin, doge, potcoin, ruby and ronpaul as your chosen coins to mine? surely there are many more profitable coins on the market to mine?  Well actually I know there are more profitable coins to mine, just wondering why you would choose those particular coins?
Seems like a losing deal to me not a winner.

hi guys.

Ive got 128000 wc in my wallet and its been open and staking for days and ive yet to receive a payout.

My weight is 398014 and the network is 21430834. I y has said for the last 8 hours that the time to earn reward is 1 hour am I doing something wrong?

Some great payouts on Chunky last night. WC is back on the upward trend! Mine it now for excellent returns.