Topic: [ANN][Multi-Coin][Stratum] multipool.in newbies support thread - page 6. (Read 27347 times)

Not much fun when the pool doesn't hit a block for ages... Had to quit.

The multiport has a getwork port on 17777, you can't mine anything directly with getwork though.

The latest version of cpuminer supports stratum protocol though.

Pretty newb question here - is it possible to connect to pool using minerd?

As far as I understand I need to connect using stratum so would a combo of stratum proxy+minerd work?

Or do I need to set up cgminer to work on cpu?

Should have waited before posting! Yes, we're doing that now. Has meant opening two more trading accounts (Virc and MCX), and now a third is needed since we've automined some LKY - which isn't traded on either of those two.

But... we're actually going to stick to LTC-only (with you) until we're a lot bigger. Because of the minimum fees charged by the exchanges, we will have to wait a while until balances have built up before transferring out - otherwise it's too much % to lose.

But, of course, the prices will have changed by then...!

You don't have to set up wallets, you can send directly to exchanges.  I don't even have personal wallets for every currency on the site.

We'd chip in 1 BTC for that bot. Exactly what we need as well, including the 'keep a bit' feature.

Just started on the site, is pretty good so far. But didn't realise 7777 means setting up multiple new wallets, opening a Vircurex account and lots of manual trading - can't risk coin values dropping between mining and selling...

Ok. Anyone who knows of such a bot, pls let me know. Otherwise (probably meanwhile) I'm looking into writing such a bot myself, maybe for cryptsy, maybe other exchanges where the alt-coins mined at this pool are traded . . . le sigh, all possible exchanges for every alt-coin mined by this pool would be best, so that they can be automatically sold at the best current price.

I would also want it to be able to not sell some of the coins at exchanges (or in other words sell only a percentage of them), and instead relay the unsold remainder to a private address for hoarding, to speculate on long-term value gain . . .

(It would actually be really cool to instead set the pool to withdraw a portion of payouts to one address (for example an exchange), and the remainder to another address (like a privately held wallet). But that would be a feature request, wouldn't it? Ah, snap, I could probably have a browser bot do that! . . . but that doesn't feel as safe . . .)

It's a problem with the pool.  I've been trying to track down this bug for days now, if you can email me directly I'll help you.

I just started mining with this pool today using cgminer with two 7790s about 500khs whenever it switches to LTC it seems I get an error pool 0 JSON stratum auth failed: (null) what does this mean and is it something I'm doing wrong or a problem with the pool?

You'd need to set up auto withdraw thresholds on all of your coins, then write a bot that uses the exchange API to automatically sell them.

Not necessarily strictly related to this pool, but:

How might I automatically sell coins mined from this pool on exchanges?

Hello
Is there any problem with PXC cash out? I can`t cash out manual or automatic...

(nick: xargos)
[EDIT]
Everything is OK now ...

Well, the idea is to not give an advantage to either group.  I don't have any math to give you, I tried to set reasonable time periods based on the average block time for each coin.

OK let me ask this then: Concerning payouts, is there any advantage or disadvantage concerning multipool users vs. dedicated users, or does it basically work out the same in the long run (i.e same profits either way assuming a dedicated miner mined the same coins at the same time) ?

PPLNS is actually designed so that miners who mined closer to when a block is found are paid, avoiding the problem of pool hopping where people hop on to mine right after a block is found (which would be the beginning of a new round with a proportional system).

We use time-based PPLNS which I feel is a good compromise that helps the dedicated coin miners share rewards equitably with the port 7777 miners.  On the faster coins the time is set very low, so the multiport miners won't continue getting paid for very long after hopping off a coin, and they also won't take too much of the dedicated miners' rewards if a block is found shortly after the multiport hops to that coin. It also ensures that on the longer coins, people who have been mining on a coin within the past X hours will get paid for their efforts and not have their shares thrown out of the round due to the multiport submitting tons of shares.

I could change the multiport-only coins to a Proportional system, but that might result in some people not getting paid for some blocks, since on the really fast coins sometimes we find blocks within seconds of each other and there might not even be enough time for everyone mining to submit even 1 share.  It would also add complexity to pay different coins using different systems.

Hello all, I have a PPLNS and multipool:7777 question. PPLNS is designed so miners have to mine a specific coin for an extended period of time to be profitable. However, when using port 7777 the coin being mined is constantly changing. How can this be profitable ? It actually sounds like the least profitable method if constantly switching. Am I missing something ? Thanks.

Hi everyone!
I did try to download the Android Application, without any sucess.
At PlayStore it says that the minimun version of Android is 1.6, but I'm at 2.3.7 and it's keeps telling me that it's incompatible with my mobile...
So I back to my studies with Java+Android development and started an "study project".
I developed and small app to keep track my workers - MultipoolMonitor.apk
I didn't put it at googlePlay 'cause I don't have a developer account there...
I'd like to receive any feedback about it's behaviour...

Hailith Flound.. Might need to double triple check "stuff" with the LTC reporting because something broke again today. No biggy, I'm sure it's just a call/send something to db/website or whatever.

Be well!
T.

Haha note he even lies in the screenshot above, first stating he has no shares then admitting he has 950k shares..  So which is it?

Thanks for the bump, LOLmoney!

About the guy above me, he actually attempted to scam me on Bitmit, and got angry when it didn't work.

He is my sole negative feedback on Bitmit, every other one is positive. I certainly didn't spend all my time building a reptuation there so I could scam this little punk out of $10.

If anyone's interested you can see a screenshot of our exchange here: http://i.imgur.com/Dk36MvY.png

Bitmit actually had a bit of an exploitative situation going a while back, when they were getting their BTC price directly from Mt. Gox. When Gox was under ddos, Bitmit's exchange price would stick at whatever price they had last gotten from Gox, even if BTC was going down on all the other exchanges.

Some unsavory types like Niexist took advantage of this situation by buying BTC at the lower price, and buying the auctions at the same time, which used the higher price that Bitmit was using for the exchange. I actually took hundreds of dollars in losses at first due to these bad sales, because I was trying to build my reputation on Bitmit. But eventually I priced my auctions in BTC and reworded the details to prevent that situation. I guess Niexist didn't check the wording the second time.

BTW, Niexist, if you had nicely asked for a refund, I would have gladly obliged. But I guess I was in a bad mood that day due to something else, and either way, I didn't take kindly to the way you were speaking to me.

So in conclusion, this dude is a wannabe scammer punk. Read the screenshot and decide for yourself. Niexist, please feel free to stay the fuck off my pool.