Hey just wanted to let you know that I have been mining the last week on ipo and enjoying it alot.
I would like to know however how you arrived at 3% ? It's easy enough to look at your website, see what you are mining and mine it elsewhere at a pool with 1%.
I am about to scale up very largely in a few months and am weighing my options.
Also I don't understand for the life of me what that
https://www.ipominer.com/hashx is...
It's terribly unclear. You guys are in the US right ? Where at ? Just curious about that is all.
Also when mining scypt why am I getting coins like ULTC ?
I can't even figure out what that is.. It's Umbrella right ? A defunct coin ?
I think you guys ought to drop down to 2% and you would gain alot more people.. Just my opinion is all..
Otherwise the site works great and the mining is good!
That's great, thanks!
The 3% fee is due to the active management of mining new coins that ipoMiner does. There are no other multipools that operate the way we do. You may be able to replicate it on your own, with a lot of time and effort, by using multiple pools and copying our selections of new coins to mine... but only you can decide if that's worth saving 1-2% in fees.
That said, one critical thing to note is that the timing of starting to mine on new coins is crucial to success. The biggest advantage you get at ipoMiner is that we do profit-based switching most of the time, and then when a new coin seems promising we enable an override to move the multiport to mine it. If you mine a coin early, the difficulty can be extremely low -- resulting in the potential for much larger than average earnings. So, could you do the same thing on your own? Of course. You just have to be good at 1) researching and choosing new coins to mine; 2) very, very fast at switching your miners onto them. It's not as easy as it might seem
HashX has been discontinued - it's simply there for historical information currently. It was an initiative we started to manage cloud mining on LTCGear; unfortunately they stopped providing mining.
Some Scrypt coins work based on "merged mining", which means you find blocks of them when you are mining another coin with higher difficulty. So when you mine any Scrypt coin at ipoMiner, you're also effectively freely gaining several other Scrypt coins which are able to be merged mined: DogeCoin (DOGE), ViaCoin (VIA), SysCoin (SYS), PesetaCoin (PTC), and UmbrellaCoin (ULTC).
If you're interested in scaling up significantly, feel free to get in touch by email and we can discuss options.