[ANN][POOL] ipoMiner - Profitable multipool targeting new coins + merged mining! - page 108.

stumblios

newbie

Activity: 14

Merit: 0

Quote from: nidhogg1 on March 30, 2014, 09:42:24 AM

Value of BLTZ dropped by approx 35% since yesterday

Now it's at half of what I've sold for over the last few days. IPOminer, I know you said that other coins don't have the buy support for a pool our size, but surely there has to be something better than Blitz now, right?

nidhogg1

newbie

Activity: 31

Merit: 0

Value of BLTZ dropped by approx 35% since yesterday

gooby

member

Activity: 73

Merit: 10

Thanks for the feedback. We had considered offering fully managed trading of mined coins, and may offer it in the future.

You're right that isn't really possible to make pool-wide direct comparisons between us and auto exchanging pools. I do mine with 7MH myself currently and am expanding to ~22MH next week, so I try to offer my own profit calculations whenever people ask.

The rest of our beta test group of miners can certainly attest that my returns are not unusual for people mining on our pool Smiley

We typically have a good group of experienced miners/traders on our IRC channel and have frequent discussion of "when to sell" -- feel free to join us there.. the more the merrier!

pc52013141234

member

Activity: 96

Merit: 10

I will join it ..good luck .

ipominer

legendary

Activity: 1050

Merit: 1000

Mine the hottest new coins at ipoMiner.com

Unless there are new coins that looks more promising, I suspect we'll be sticking with BlitzCoin for a while longer -- profitability on it is good at current levels, and it has the potential to rise because of the limited mining period (only 10,000 blocks total to be mined, and it is currently at block 5812, which means there are only 4188 blocks left now.

Drazit

newbie

Activity: 3

Merit: 0

Any new coins in the works or we are thinking about mining next? Curious as to the next couple coins we are thinking about going into is all.

ipominer

legendary

Activity: 1050

Merit: 1000

Mine the hottest new coins at ipoMiner.com

@bmoconno We can enable direct ports for any coin that we have on the site, but we currently don't publish those because our mining of most coins will be fairly short-lived. Either they will die off or become too widely popular within a week or so and we'll move on to something else. If there is demand for a specific coin, we're happy to set that up. Thanks for the reminder about the footer links. I've had that on my list to fix for a while but hadn't gotten around to it yet. Its fixed now.

bmoconno

sr. member

Activity: 280

Merit: 261

New In Town...

I'm enjoying the site so much, thanks for explaining why you've decided to continue mining Blitz.

A couple things...

Is there a way to mine one of the other coins listed? For example, if I always wanted to mine to coin in the 2nd position, is there a specific port or something I can point to at the ipo pool?

The bottom left corner in the "Tech Support" footer, you have a link for "Cryptocointalk Forum" and it just links back to the page you're currently viewing.

precrime3

member

Activity: 84

Merit: 10

PM for journalist,typing,and data entry services.

Quote from: drmavis on March 29, 2014, 03:48:02 PM

I agree - that is a feature not often seen in pools - splitting the hash rate intelligently and mining several coins at the same time and splitting them proportionally.

like what coinshift is doing? With bias towards most profitable?

ipominer

legendary

Activity: 1050

Merit: 1000

Mine the hottest new coins at ipoMiner.com

Yes, that is our top priority now that we've added pricing data. We just need to write the backend code to handle the accounting for it. Load balancing the pool hashrate across coins is easy -- we could do it now. Accounting for the shares submitted across coins and paying them out proportionally is going to take some time to implement. As a hack-ish way of doing it without writing the backend code, we could load balance the hashrate and force stratum reconnects every X minutes so you would be load balanced onto a different coin regularly, but that's not particularly optimal.

drmavis

member

Activity: 69

Merit: 10

I agree - that is a feature not often seen in pools - splitting the hash rate intelligently and mining several coins at the same time and splitting them proportionally.

precrime3

member

Activity: 84

Merit: 10

PM for journalist,typing,and data entry services.

Quote from: Monkey1 on March 29, 2014, 03:29:20 PM

If there is an issue with our hash rate significantly impacting difficulty of some coins, could you not split the pool and allocate some hashrate to more profitable coins with very low difficulty and the rest to other coins?

+1

Monkey1

hero member

Activity: 868

Merit: 500

If there is an issue with our hash rate significantly impacting difficulty of some coins, could you not split the pool and allocate some hashrate to more profitable coins with very low difficulty and the rest to other coins?

ipominer

legendary

Activity: 1050

Merit: 1000

Mine the hottest new coins at ipoMiner.com

Recently, we've been linking to the bitcointalk announcement threads for coins we add in the ipoMiner.com front page News area.

@nidhogg1 @bbr We're mining BLTZ because it is the most profitable coin with enough difficulty and buy volume to soak up our collective sells, and has the potential to continue rising as it only features a total of 1 week of PoW mining. PAWN, PIG, and EFL don't have high enough difficulty or enough buy support to be worth mining currently. We could mine them for a few blocks before KGW adjusts the difficulty to the added hashrate, but then people would be ending up with dust from multiple coins on multiple exchanges, which isn't ideal. Note that our current multiport does not switch automatically based on immediate profitability, but is rather a managed switching process based on regular evaluation.

@LosMiner Yes, that's correct. Mined coins are held on the site until you cash them out.

SeekEvo

newbie

Activity: 11

Merit: 0

Would it be possible to list a link to the announcement thread on bitcointalk (or other useful info you have found) for each coin on the "Pool Statistics" page? Will make it easier for us to use the research you've used so we can make our best determination on hold/sell.

Thanks for the great pool

LosMiner

newbie

Activity: 28

Merit: 0

I am new to the pool. I am wondering, what happens if you switch over to a coin that I have yet to provide a wallet address? Do they go into a holding tank somewhere? Trying to understand this type of pool.

Thanks in advance!

It looks as though it goes into a holding tank until you cash it out to a wallet or exchange to anyone else with the same question.

nidhogg1

newbie

Activity: 31

Merit: 0

why are we still mining blitz?? wtf??

bbr

sr. member

Activity: 290

Merit: 250

We seem to have been mining BlitzCoin for ages but according to the "most profitable" table at the top right it is currently the least profitable of the top 5:

schoschi12

member

Activity: 71

Merit: 10

Are you going to mine clean water coin?
I think it is a serious project with much time invested in.

ipominer

legendary

Activity: 1050

Merit: 1000

Mine the hottest new coins at ipoMiner.com

@saykor Prices can come from multiple exchanges, so we use a weighted average. (More reputable exchanges are given a greater weight.) In the future we are am planning on adding a separate page for prices by exchange with graphs and historical data.

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