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Topic: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool - page 9. (Read 28702 times)

hero member
Activity: 700
Merit: 500
How would you handle the switch between scrypt-n and scrypt? I am unaware of a way for the client to be aware of the pools change in type. If there is... excited...
Scrypt is Scrypt-N (with N=10), so the stratum protocol would simply need to be extended to allow the server to communicate what Scrypt N value to use when hashing a given block.

I've been mining for around 8 hours hours and so far the BTC/MHash/Day is ~0.05 not 0.058-0.062+ that is advertised by the website
Try for longer then 8 hours...  The BTC/MHD published on the site is over the last 24 hours, so it won't be accurate for the last 8 hours.

---

Is CoinShift using some fancy logic to avoid wasting hashing power on Tag?  TAG has some really stupid prevention measures that prevent blocks from occurring 'too' often, based on the time between the last 6 blocks.   So even if you're solving valid blocks, the network will continue to refuse them until that time lock has passed.

---

Any plans to add FlutterCoin (FLT) or SpainCoin (SPA) ?
newbie
Activity: 59
Merit: 0
I think the best thing to do is to see what altcoins other multipools are adding into their switcher. For any switching pool to be effective you have to keep ontop of what new promising altcoins are coming out and add them quickly to your switcher list. For example, trademybit.com does a very good job keeping on top of this if you look at their list -- it contains a lot of recently added scrypt coins. ipominer.com is another one.

At the least you should be adding spaincoin and ecc to your list because they're on the profitability train at the moment. My 2 satoshis.

Also, consider adding a multiport for scrypt adaptive-N coins. Once scrypt asic's start coming out, probably several months or sooner from now, there will likely be a migration to asic resistant coins. trademybit is the only pool I'm aware of that currently offers this. None of the other pools like wafflepool, clevermining, middlecoin etc. have this feature.
We are strongly considering scrypt-n as an option for expansion soon. Stay tuned for news on that, but you should expect more expansion in the scrypt coins first.

We're tracking a lot of altcoins for profitability and we'll be adding a few this weekend. If you have concrete reasoning for a specific coin or two, let us know!
To be frank, the coin must be exchanged on Cryptsy to be worthwhile to mine. Other exchanges just don't have the trade depth or the API to make it worthwhile.

How would you handle the switch between scrypt-n and scrypt? I am unaware of a way for the client to be aware of the pools change in type. If there is... excited...
member
Activity: 81
Merit: 10
I ve been mining for around 8 hours hours and so far the BTC/MHash/Day is ~0.05 not 0.058-0.062+ that is advertised by the website
newbie
Activity: 9
Merit: 0
Just checked my stats on Coinshift after 24 hours mining and my confirmed + unconfirmed balance is 20% lower than I would expect with my hashrate from your pool stats.
Is there a time lag on these figures?
I really like the idea of this pool, and don't want to leave but as someone else just posted, at the moment a lot of us are barely covering our electric (or not if my stats are correct) and I will have to reluctantly go back to Clever if this is not sorted, where at least I know I will get what the pool stats  say. Undecided

Hmmm, that's very strange. The block payouts are PPLNS, so it would take about an hour to get up to full speed -- however that would only account for ~3% over 24 hours. Please post or PM me your address and the hashrate reported by cgminer so I can look in to it further.


Left for 18 hours and checked again. It is still lower than expected, so I'll keep an eye on it.
My address is18i78kvyuxVrRVufXUTs9qpLbBGmrygqSx.
Hashrate on cg miners for 3 rigs adds up to 10.4 mhz
I have realised I one of the cards has been down on one of my rigs. Think I have sorted it now.
I will stay with you if I possibly can. The way you mine is the future. The old autoswitching pools are damaging the whole cryptocurrency landscape.
sr. member
Activity: 395
Merit: 250
has anyone mining on this pool been affected by the whole client redirect hijacking going through some of the other multipools?

Nothing like that for now..
Mining is not affected.
We have trouble on and off accessing the main page however
Still better than having redirect and got your hash stolen.
sr. member
Activity: 434
Merit: 250
How many btc a day with 1300 kh/s ( scrypt ) .
newbie
Activity: 9
Merit: 0
Just checked my stats on Coinshift after 24 hours mining and my confirmed + unconfirmed balance is 20% lower than I would expect with my hashrate from your pool stats.
Is there a time lag on these figures?
I really like the idea of this pool, and don't want to leave but as someone else just posted, at the moment a lot of us are barely covering our electric (or not if my stats are correct) and I will have to reluctantly go back to Clever if this is not sorted, where at least I know I will get what the pool stats  say. Undecided

Hmmm, that's very strange. The block payouts are PPLNS, so it would take about an hour to get up to full speed -- however that would only account for ~3% over 24 hours. Please post or PM me your address and the hashrate reported by cgminer so I can look in to it further.


Left for 18 hours and checked again. It is still lower than expected, so I'll keep an eye on it.
My address is18i78kvyuxVrRVufXUTs9qpLbBGmrygqSx.
Hashrate on cg miners for 3 rigs adds up to 10.4 mhz
newbie
Activity: 51
Merit: 0
has anyone mining on this pool been affected by the whole client redirect hijacking going through some of the other multipools?
sr. member
Activity: 490
Merit: 250
@coinshift

I've a question:

For example, now that i am writing this post, pool is dedicated 96.5% on AUR and 0.73% on DOGE and remains on others.
Since pool has 2.5GHash, 0.73% will be about 18Mhash. It is obvious that 18Mhash cant find any DOGE block. So i think the pool algorithm should consider coin's difficulty into it's dedication's amount too (i like to call it hashrate efficiency).
It is wiser that pool assign those 18Mhash to RDD or GDC since it can be more efficient on those coins difficulty [OR] assign enough hashrate to DOGE side.

What do you think?

sr. member
Activity: 490
Merit: 250
Added 3 new coins today: AUR, KDC, RDD.

These coins have been near the top of the charts for the last few days, so I think they'll do very well. More coming soon.

What about Anoncoin & Earthcoin ?
hero member
Activity: 700
Merit: 500
What happen i cant access coinshift dot com
The site is entirely 404 error pages at the moment...

Interested to see how long this lasts.

Edit: back up... didn't take tooo long.
sr. member
Activity: 395
Merit: 250
What happen i cant access coinshift dot com
member
Activity: 63
Merit: 10
Added 3 new coins today: AUR, KDC, RDD.

These coins have been near the top of the charts for the last few days, so I think they'll do very well. More coming soon.
member
Activity: 63
Merit: 10
Just checked my stats on Coinshift after 24 hours mining and my confirmed + unconfirmed balance is 20% lower than I would expect with my hashrate from your pool stats.
Is there a time lag on these figures?
I really like the idea of this pool, and don't want to leave but as someone else just posted, at the moment a lot of us are barely covering our electric (or not if my stats are correct) and I will have to reluctantly go back to Clever if this is not sorted, where at least I know I will get what the pool stats  say. Undecided

Hmmm, that's very strange. The block payouts are PPLNS, so it would take about an hour to get up to full speed -- however that would only account for ~3% over 24 hours. Please post or PM me your address and the hashrate reported by cgminer so I can look in to it further.
newbie
Activity: 9
Merit: 0
Just checked my stats on Coinshift after 24 hours mining and my confirmed + unconfirmed balance is 20% lower than I would expect with my hashrate from your pool stats.
Is there a time lag on these figures?
I really like the idea of this pool, and don't want to leave but as someone else just posted, at the moment a lot of us are barely covering our electric (or not if my stats are correct) and I will have to reluctantly go back to Clever if this is not sorted, where at least I know I will get what the pool stats  say. Undecided
member
Activity: 63
Merit: 10
what is the Worker Difficulty?

VARDIFF. Min 64. Diff will adjust so that you submit 1 share every 25 seconds
member
Activity: 84
Merit: 10
hashing for 24 hours, average 3.6Mh payout 0.013BTC, sorry leaving, cann't pay my electricity with this profibility
member
Activity: 108
Merit: 10
what is the Worker Difficulty?
member
Activity: 63
Merit: 10
I think the best thing to do is to see what altcoins other multipools are adding into their switcher. For any switching pool to be effective you have to keep ontop of what new promising altcoins are coming out and add them quickly to your switcher list. For example, trademybit.com does a very good job keeping on top of this if you look at their list -- it contains a lot of recently added scrypt coins. ipominer.com is another one.

At the least you should be adding spaincoin and ecc to your list because they're on the profitability train at the moment. My 2 satoshis.

Also, consider adding a multiport for scrypt adaptive-N coins. Once scrypt asic's start coming out, probably several months or sooner from now, there will likely be a migration to asic resistant coins. trademybit is the only pool I'm aware of that currently offers this. None of the other pools like wafflepool, clevermining, middlecoin etc. have this feature.
We are strongly considering scrypt-n as an option for expansion soon. Stay tuned for news on that, but you should expect more expansion in the scrypt coins first.

We're tracking a lot of altcoins for profitability and we'll be adding a few this weekend. If you have concrete reasoning for a specific coin or two, let us know!
To be frank, the coin must be exchanged on Cryptsy to be worthwhile to mine. Other exchanges just don't have the trade depth or the API to make it worthwhile.
member
Activity: 63
Merit: 10
Hey Coinshift,

Any possibility to add a running total of how much BTC the pool has paid out to the api page http://coinshift.com/api/stats/performance/?
thx



If we just put this picture instead will that be OK?


Edit: Just kidding, yes I think we can add that to the API. Will post when it's done Cheesy
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