The profitability for WATER is through the roof right now because of the "bugged" block rewards being 450x higher than normal (~450k per block instead of 1000), and the devs seem to be decided on letting the blocks stand but are patching the reward back to 1000 at block 8000. Although that isn't guaranteed yet, blocks have been being mined and sold on exchanges so it has been very profitable if you have been able to mine/sell.
There have been major problems with their network though -- the other largest pool is suchpool, but they were on an outdated version and have been causing our blocks to be orphaned because they have more than 51% of the network. I was working with their pool admins to get direct node connections between us setup and get them onto the right version of the wallet code, but there still seem to be issues and we/they keep forking from each other.
We're working on it... you'll see the main multiport and the direct WATER port switching as we try to fix it.
Topic: [ANN][POOL] ipoMiner - Profitable multipool targeting new coins + merged mining! - page 102. (Read 366235 times)
April 07, 2014, 05:07:27 PM
April 07, 2014, 04:52:44 PM
Just noticed that the multiport is on WATER -- I'm guessing you know something that other people don't?
Doesn't look like it, back off WATER and all of the gains from those blocks are gone. April 07, 2014, 04:44:17 PM
Just noticed that the multiport is on WATER -- I'm guessing you know something that other people don't?
April 07, 2014, 04:00:32 PM
We've been on and off of WATER recently.. trying to resolve the issues with it. All the blocks we get are being orphaned currently -- I'm adding more nodes and just added suchpool's node directly since they are the other biggest pool on the network.
April 07, 2014, 03:35:12 PM
We weren't blocking any transactions on WATER coins overnight, but transactions over 15k were initially failing, and then transactions over 1.5M were failing, because of a bug in the WATER wallet code. We updated the wallet code a few times with various iterations of newly released code overnight to try and resolve those issues + stay current on the pending fork at block 8000.
We started getting a checkpoint error this morning, and were apparently mining on a fork for a little while. I temporarily re-routed port 3426 to mine the multiport, which is currently NLG. It is now active on WATER again, after resync'ing the blockchain.
Transactions over 1.5M will still likely fail, so try to withdraw before you have that much or email us to resolve your withdrawal manually.
We started getting a checkpoint error this morning, and were apparently mining on a fork for a little while. I temporarily re-routed port 3426 to mine the multiport, which is currently NLG. It is now active on WATER again, after resync'ing the blockchain.
Transactions over 1.5M will still likely fail, so try to withdraw before you have that much or email us to resolve your withdrawal manually.
We are mining for a while again and... no reward. What´s going on? no reward till arriving to xxx block?
April 07, 2014, 09:47:56 AM
We weren't blocking any transactions on WATER coins overnight, but transactions over 15k were initially failing, and then transactions over 1.5M were failing, because of a bug in the WATER wallet code. We updated the wallet code a few times with various iterations of newly released code overnight to try and resolve those issues + stay current on the pending fork at block 8000.
It seems there are multiple different versions of code on the network, and several forks. We have >400MH on the network, but everytime we find a block this afternoon it is clearly on a different fork...
I switched port 3426 to mine against the multiport (currently on NLG) for now until we can resolve these issues with WATER.
It seems there are multiple different versions of code on the network, and several forks. We have >400MH on the network, but everytime we find a block this afternoon it is clearly on a different fork...
I switched port 3426 to mine against the multiport (currently on NLG) for now until we can resolve these issues with WATER.
April 07, 2014, 07:34:48 AM
argh, seems like payments are stuck. "Payment requested" for the last 20 mins now. 
ipominer held my coins for six hours. meanwhile the price dropped from 14 to 4 sat. thankyou ipo
April 07, 2014, 07:07:59 AM
argh, seems like payments are stuck. "Payment requested" for the last 20 mins now.
Have you got your payment yet?
Edit: I got mine in about 10-15mins, all good
April 07, 2014, 02:12:34 AM
This risk seems like its paying off. Well deserved 3% for IPOminer. Wouldn't have seen this opportunity
April 07, 2014, 01:57:40 AM
argh, seems like payments are stuck. "Payment requested" for the last 20 mins now.
April 07, 2014, 01:48:22 AM
yes according to the ann thread. can anyone access the block explorer? i can't bring it up
April 07, 2014, 01:38:39 AM
Hard fork at 7350?
April 07, 2014, 01:15:20 AM
look towards the end of post # 450
i just threw the whole farm @ water now. 6 to 7 MH or so
i just threw the whole farm @ water now. 6 to 7 MH or so
April 07, 2014, 01:08:32 AM
what port is water on?
what is the stratum address? I can't seem to figure it out.
what is the stratum address? I can't seem to figure it out.
April 07, 2014, 12:56:13 AM
Crikey mates, this water's mighty fresh!!!
April 07, 2014, 12:53:56 AM
@ipo, how many confirms needed for water? and anyplace to see that on your site?
April 07, 2014, 12:00:10 AM
on water now too, lets see what happens
April 06, 2014, 10:47:20 PM
@lajz99 Its a great call to make if it turns out to be right, but a terrible one if it turns out to be wrong and they fork back to block 7000 with the wallet patch.
If the blocks stand, even at 1 satoshi they are around 0.009 btc/mh/day to mine at the current ~9.25 difficulty.
If the blocks stand, even at 1 satoshi they are around 0.009 btc/mh/day to mine at the current ~9.25 difficulty.
April 06, 2014, 10:36:54 PM
We just found a block of WATER, and the block reward was 438399 coins.. compared to 1000 coins, prior to block 7000. This is going to be interesting...
Just switch the pool over, we're all here to take a little bit of risks and make some coin, right?
IMO the pool needs to take a little more risks and be a little more aggressive.
April 06, 2014, 10:32:28 PM
We just found a block of WATER, and the block reward was 438399 coins.. compared to 1000 coins, prior to block 7000. This is going to be interesting...
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