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Topic: [ANN][POOL] ipoMiner - Profitable multipool targeting new coins + merged mining! - page 61. (Read 366235 times)

legendary
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
We just added a direct darkcoin port, on 3601 -- enjoy! Smiley We've also added a lot more x11 stratum processes, in anticipation of a lot of x11 growth in the future.
hero member
Activity: 979
Merit: 510
Long story short, can the pool get on newer coins sooner and hide what we are mining for a while?  I, like GunPowder am all for that!

I'd like to take a little more risk as well!  The earlier we can get on the better.

I agree with this as well, it's sort of what IPOminer was like before it got popular and regularly had more than 1GH.
Using a placeholder coin name would be a good start?


After this commercial break!
...
It's West coin!
[Photoshopped image of Westcoin in above image]

And I doubt the average miner could guess what coin is being mined based on block reward times, difficulty, etc.
Just a suggestion!
Maybe delay the profitability formula instead on brand new coins?  I forgot which recent coin it was, but it wasn't traded yet but we mined it any way.  Ended up being worth around .02 BTC MH when it matured and traded!
hero member
Activity: 952
Merit: 515
We don't payout in BTC, so "hiding" the coin isn't feasible. Additionally, it is easy to detect what the coin is, judging by recent releases, network hashrates, and difficulty.

Mh ok. I just see the first 2 hours when you add a new coin are amazing and then the first dump from the Multipool comes . Then the coin is mostly average till POW is over or something special happens. If we find a solution to get 12-24 hours before a multipool comes on it it would be great. I mean honestly IPOminer has at the moment the power to grow any coin from low to average and then mostly to big.

Thats why I try to find my coins myself (dont work everday the rest I am on IPO)  by analysing the Announcement thread. E.g. I mined Shibe 12 hours before you guys add it to IPO.

Yeah was just an idea .. maybe it is too easy to see which coin it is even when hidding.
legendary
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
We don't payout in BTC, so "hiding" the coin isn't feasible. Additionally, it is easy to detect what the coin is, judging by recent releases, network hashrates, and difficulty.
hero member
Activity: 952
Merit: 515
@Ipominer , What about BLuecoin? Why no direct port anymore? Could be profitable at the moment , also maybe good for MP!

Just my 50 cent..


By the way I liked the idea to hide what you mine for the first 24h on Multipool. Why? The big Profitpools also watch IPOminer. If no one knows what is mined on the Multipool all risk taking miners at IPO would benefit. Maybe?
legendary
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
@DMacleod I think you're wrong about WEST being unprofitable on GPUs. Please note that profitaiblity is listed on ipoMiner in terms of 1Mh of that algorithm, not converted to "scrypt profitability". So a bit earlier today, WEST was at 0.00258 btc per 1 x11 Mh per day -- that's roughly 0.007 btc/mh/day "scrypt profitability".

@IntroVert @xingqiaoyin Yes, the last SC blocks have been confirmed now.

@IntroVert SHIBE has not been reenabled yet, there are still possible forks and problems with block times being super slow with it.
full member
Activity: 265
Merit: 119
@ipominer has the SHIBE wallet been reenabled? I see it is back trading on exchanges, and I have payout request that is not going out. Should I cancel it?
sr. member
Activity: 395
Merit: 250
@ipominer it seems that scoring of the SC blocks is stuck after the switch off. By now all of them should have been confirmed...

I agree. Something is wrong. Unconfirmed stay unconfirmed.
full member
Activity: 265
Merit: 119
@ipominer it seems that scoring of the SC blocks is stuck after the switch off. By now all of them should have been confirmed...
member
Activity: 89
Merit: 10
Long story short, can the pool get on newer coins sooner and hide what we are mining for a while?  I, like GunPowder am all for that!

I'd like to take a little more risk as well!  The earlier we can get on the better.


Totally agree with that!

Please do it!   Grin
full member
Activity: 140
Merit: 100
haha "wild west coin" is no longer profitable for GPU. It's been only 9 hours after launch!
Look how fast the diff got high!
legendary
Activity: 1554
Merit: 1001
I think you should change the stats page so X11 are on the right hand side, its confusing when browsing at Scrypt Coins.
full member
Activity: 168
Merit: 100
......in order to beat everyone else to the new coins before they explode in difficulty.......
Absolutely!

P.S.
WEST still going down, while DRM being kept above.
hero member
Activity: 756
Merit: 500
Long story short, can the pool get on newer coins sooner and hide what we are mining for a while?  I, like GunPowder am all for that!

I'd like to take a little more risk as well!  The earlier we can get on the better.
legendary
Activity: 1848
Merit: 1018
@ipominer
man, you know what.. X11 is cool, but are we correct making info about which coin currently is mining public? That's killing the whole idea of "new coin business". Look, you analized a few and select a new coin, what's next? After half an hour everybody knows which coin is "can shot", switch on nicehash (they opened X11 port also) and it will be killed in two days.
Lets make X11 a bit shady, only for registered user or something about it.

I "get" and agree with GunPowder's view and goal.  While I don't think registering will do anything, I do believe that at IPOminer, we should be mining coins before the community knows about them, while the difficulty is low and the rewards are high (not initial low block coins).  I think an IPOminer is willing to take on more risk for more rewards, and that usually means mining brand new lesser known coins that have a good potential to rise in price once the community catches on and finds them.  I never even knew about DRM or WWC until about an hour after launch, and I am on the internet a lot.  These have been good coins for  X11 ipominer, but we did miss out on the first 300 or so of the easier blocks.  I keep my miners pointed at the X11 port, and trust that while I sleep or am at work, the fantastic pool owner is keeping my miners on the best coin.  He does a great job at this and has my gratitude.  I think what GunPowder really wants is just to keep our coin hidden for a while to get easy blocks early before everyone knows about it.  Hashcows has done this a while ago by displaying new coins as "MOO", and yes, if you try hard you can kind of figure out which coin they might be mining based on difficulty and their published list of coins they mine, but it is a good idea in my mind.  I would be totally in favor of having the X11 port hide what we are mining, at least in the beginning of a new coin launch. I trust the pool operator with a few hours of my mining time blindly to do this.  Of course once those first coins mature, they would need to be listed in the account page so that we could put our wallet addresses in, but if the pool did not list the coin in the accounts page until a few hours after it started mining, it would be very difficult to find out the coin we are mining (unless people rent and put monster hash on it).  The pool's operator does a fantastic job, and I don't know if this would be difficult to implement, but I think he should think about it.  If we wanted just average returns, we could just point our miners at trademybit X11, which uses coinwarz,etc. to determine profitability and switches between the x11 coins, but it will return an average multipool rate.  This is a good option for people who have low or no electric bills and just want to auto-convert to make a small daily amount of btc without having to sell coins on exchanges. But I would think that most IPOminer members would like to trust the pool operator, take a little risk with blind coins and blind faith, in order to beat everyone else to the new coins before they explode in difficulty.  And I suppose you could almost accomplish the same thing by just going every day to dedicatedpools and see what they are listing soon and just jump on every new coin, but that is not as profitable as jumping on a new coin analyzed by the IPOminer operator to be worthwhile or worth a few hour risk.  Long story short, can the pool get on newer coins sooner and hide what we are mining for a while?  I, like GunPowder am all for that!
legendary
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
Not particularly bad luck at all.. just huge network hashrate relative to ours -- over 40-50GH/s on the coin vs. our 2-3GH/s. Pool efficiency on it is at 95%, so we're doing fine with WEST actually.
sr. member
Activity: 294
Merit: 250
Uh oh. Locked table for WEST?

EDIT:
Or just very bad luck? 1.5 hour to find a block.  Sad
sr. member
Activity: 308
Merit: 250
I see SC going to 4000 my target is 3200-3500 and I am out.

Care to revise this statement? Smiley
Stay Tuned for my revised statement.......
sr. member
Activity: 308
Merit: 250
right on cue IPOminer!!!!!! switch from SC to VRC fan....f'ing...tastic.  Love you guys!!!!
sr. member
Activity: 294
Merit: 250
@Vitalogy Can you provide an example of your calculation being different vs. the one we display? I'm happy to take a look.

Ops my mistake.

I tried with DRM and I had the wrong block reward. The way it's written in their post confused me. I tough the reward was 350 but it's actually 100.
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