Author

Topic: [ANN][The Original Multipool - Scrypt/SHA256/Scrypt-N/X11] multipool.us - page 213. (Read 424232 times)

member
Activity: 104
Merit: 10
Reward system

Personally, I'm not a big fan of PPS. PPS comes in two flavors: high fees (lower rewards in the long run) or low fees (big risk for the pool).

Agreed, why not Proportional, you get paid for the shares you submit proportional to the total submitted by the pool once a block is found. Basically, once a block is found, the coins are split-up amongst all the miners based on how much work (how many shares) they submitted. Even if you switch to another coin, the shares you submitted will get paid once a block is found. Low risk for the pool operator, simpler payout calculations and no risk of miner's work not getting compensated.

I vote for PROPORTIONAL  Cheesy
full member
Activity: 231
Merit: 100
I've been mining here for more or less a week now and I'd like to give a little feedback.

First of all, the minor issues due to the DB upgrade aside, the pool works great! I was switching pools with a Perl script before mining here. While that works as well, keeping track of several pools and there respective fees is quite a hassle. So thank you for saving me that daily headache. Smiley

Regarding the possible changes that have been discussed in the last pages:

Auto-conversion

If you're going to implement some auto-conversion to another currency, consider BTC instead of LTC. Unless you can exchange the altcoins directly for LTC, I'd pay exchange fees thrice where I only should pay them once (altcoin -> BTC -> LTC -> BTC).

Users that prefer LTC over BTC would just have to convert the BTC to LTC. Whether that's done by the pool or not, they'll pay exchange fees exactly twice.

Reward system

Personally, I'm not a big fan of PPS. PPS comes in two flavors: high fees (lower rewards in the long run) or low fees (big risk for the pool).

Rather than PPS or the current PPLNS + expiring shares, I think the nature of the pool (constant miners + multiport users) would benefit most from CPPSRB.

Since CPPSRB always pays the most recent shares first, that would eliminate the problem of constant miners' shares having to split their rewards with aged shares from multiport users. It might also mitigate the whining every time the pool switches to a high-difficulty coin and then back without finding a block. If the funds become available, those shares will get paid.
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
I've tested poll today, but i found some problems:
1. Multiport pool MUST be only PPS system
2. Multiport pool MUST use only altcoins with difficulty changes more than 1-30 minutes, or users will loose profit
3. Current PPLNS system on multiport pool has no sense while mining coins like LTC, cause we loose all submitted shares in case the pool didnt found a block before switching to another coin mining
4. EU multiport disconnecting after 10-20 minuts again and again, after switching to multipool.in:7777 all is OK

+1
you're absolutely right, yesterday it was mining a NVC a for a while, then without finding a block,
pool switched to FTC and any coins was earned. so we mined a hour or how much it was, just like that
without any profit, just electricity burned Sad

No complaints here. Tongue

I was going to bring this up earlier but didn't because I figured the coin-hoppers would eventually see the losses.

Eat up ! There is plenty more Karma to go around. Grin

Like PPS... lmao..

HT xD
legendary
Activity: 1108
Merit: 1005
Quote
Yes, there will be times when you would get no reward for your shares...

These settings are disappearing, the real point of the pool then.
It should be a most profitable, but for this reason it's not.
Multipool is a good thought, but surely it need few reasonable corrections.
member
Activity: 110
Merit: 10
I've tested poll today, but i found some problems:
1. Multiport pool MUST be only PPS system
2. Multiport pool MUST use only altcoins with difficulty changes more than 1-30 minutes, or users will loose profit
3. Current PPLNS system on multiport pool has no sense while mining coins like LTC, cause we loose all submitted shares in case the pool didnt found a block before switching to another coin mining
4. EU multiport disconnecting after 10-20 minuts again and again, after switching to multipool.in:7777 all is OK

+1
you're absolutely right, yesterday it was mining a NVC a for a while, then without finding a block,
pool switched to FTC and any coins was earned. so we mined a hour or how much it was, just like that
without any profit, just electricity burned Sad

As i previously said multiport pool must be PPS system, then it would be a great pool, may be the best of all ! Anywhere, before admin switch pool to PPS i think, it would be nice to decide which altcoins he want to use with multiport pool and also try to solve how to pay for all different altcoins shares with one (may be LTC) currency.
sr. member
Activity: 441
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
I've tested poll today, but i found some problems:
1. Multiport pool MUST be only PPS system
2. Multiport pool MUST use only altcoins with difficulty changes more than 1-30 minutes, or users will loose profit
3. Current PPLNS system on multiport pool has no sense while mining coins like LTC, cause we loose all submitted shares in case the pool didnt found a block before switching to another coin mining
4. EU multiport disconnecting after 10-20 minuts again and again, after switching to multipool.in:7777 all is OK

+1
you're absolutely right, yesterday it was mining a NVC a for a while, then without finding a block,
pool switched to FTC and any coins was earned. so we mined a hour or how much it was, just like that
without any profit, just electricity burned Sad

You are not always rewarded due to pool luck - that would be the same for any none-PPS method of reward. In the long run - it will even out.
Consider this: Pool would find 5 LTC blocks in just 5 minutes, all the users who mined LTC during the last 24 hours would get some coins.

The real question to ask is: "Is reward for found blocks distributed fairly?" if answer to this question is "Yes", then reward system is fine and fair. Yes, there will be times when you would get no reward for your shares, but there also be times when you would get much more than PPS reward system would give for your shares.
legendary
Activity: 1108
Merit: 1005
I've tested poll today, but i found some problems:
1. Multiport pool MUST be only PPS system
2. Multiport pool MUST use only altcoins with difficulty changes more than 1-30 minutes, or users will loose profit
3. Current PPLNS system on multiport pool has no sense while mining coins like LTC, cause we loose all submitted shares in case the pool didnt found a block before switching to another coin mining
4. EU multiport disconnecting after 10-20 minuts again and again, after switching to multipool.in:7777 all is OK

+1
you're absolutely right, yesterday it was mining a NVC a for a while, then without finding a block,
pool switched to FTC and any coins was earned. so we mined a hour or how much it was, just like that
without any profit, just electricity burned Sad
hero member
Activity: 868
Merit: 1000
Why "-" in profitability column?
member
Activity: 110
Merit: 10
I've tested poll today, but i found some problems:
1. Multiport pool MUST be only PPS system
2. Multiport pool MUST use only altcoins with difficulty changes more than 1-30 minutes, or users will loose profit
3. Current PPLNS system on multiport pool has no sense while mining coins like LTC, cause we loose all submitted shares in case the pool didnt found a block before switching to another coin mining
4. EU multiport disconnecting after 10-20 minuts again and again, after switching to multipool.in:7777 all is OK
hero member
Activity: 938
Merit: 1000
www.multipool.us
So from now on, I think I'll refrain from speaking my mind in any more shitcoin threads, as it seems to have killed the goose WRT Argentum.  Their network hashrate has halved since I started talking in that thread.  Truth hurts I guess.

sr. member
Activity: 441
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
thank you, im a bit blind or what, i've add the api key in here [your key],
but after refresh nothing appeared,
taht basic btce exchange is working, but this one not.

e:
Solved, I've add the apikey just to API Key, not to http api key
now its working

Please keep in mind that "Profitability Monitor" is a separate tool - independent from API tools.
legendary
Activity: 1108
Merit: 1005
Quote
Sorry to be the bearer of bad news again but the EU multiport is now stuck on FTC while the US multiport is mining LTC.
Not a big difference in profitability but what's important is that it's stuck again Sad

i had same problem yesterday, switch it to stratum+tcp://multipool.in:7777
that one is working properly
sr. member
Activity: 332
Merit: 250
EU multiport was stuck on NVC, this has been fixed.

Looks like EU port is stuck on LKY right now.

grr, looks like a race condition in the script..  I added a delay.  Hopefully this won't happen again.

EU folks, email me with your username, hashrate, and the approximate amount of time you were on the EU port this morning and I'll credit your account with some FTC.

Sorry to be the bearer of bad news again but the EU multiport is now stuck on FTC while the US multiport is mining LTC.
Not a big difference in profitability but what's important is that it's stuck again Sad
legendary
Activity: 1108
Merit: 1005
thank you, im a bit blind or what, i've add the api key in here [your key],
but after refresh nothing appeared,
taht basic btce exchange is working, but this one not.

e:
Solved, I've add the apikey just to API Key, not to http api key
now its working
sr. member
Activity: 441
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
good work, but i cant find any api on multipool.in, hope will be added soon

multiport api is there: https://www.multipool.in/api.php?api_key=[your key]

You can get your key from here: https://www.multipool.in/accountdetails.php (look at the bottom of the page)
legendary
Activity: 1108
Merit: 1005
good work, but i cant find any api on multipool.in, hope will be added soon
sr. member
Activity: 441
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
in my opinion, there should be two multipools, one for sha-256 and one for scrypt,
so both separated, could be a nice, because between those two algorhytms you need
retune your hw to get best performance

Unless there is significant hash power in this pool (~10THs), adding BTC just doesn't make sense. Without BTC, there is no reason to do SHA-256 auto switch pool.

By there way: I have already implemented BTC, TRC, PPC, FRC profitability switcher for your cgminer:
https://bitcointalksearch.org/topic/webservicejsonkarasoftcom-consolidated-poolsminers-stats-profit-monitor-119049

It will work for the most popular scrypt coins as well: LTC,FTC,NVC,MNC,DGC,WDC,PXC,LKY,ARG,MEC
legendary
Activity: 1108
Merit: 1005
in my opinion, there should be two multipools, one for sha-256 and one for scrypt,
so both separated, could be a nice, because between those two algorhytms you need
retune your hw to get best performance
newbie
Activity: 32
Merit: 0
I am considering doing this with one of the next coins I add, with PPS as the payout method.  You would submit shares in that currency and get paid per share in LTC.

However, I would not be able to do this fee-free, there will likely have to be a 2-3% PPS fee (which certain members would be exempt from) as well as some kind of exchange fee to mitigate my risk in exchanging a potentially volatile currency for a stable one.  This would free users from having to maintain so many wallets and not having to worry about exchanging their coins.  If it works out well with the new coin I would likely move most of the coins on the pool to the new payout method.  Stay tuned.

It would have to pay in BTC to be even remotely of interest to me.
I would much much rather have a SHA-256 MultiPort: BTC, FRC, PPC and TRC. Then I could get more profitable use of my ASICs.



This!! A SHA-256 Multipool would be nuts!! Smiley
sr. member
Activity: 294
Merit: 250
too much coins getting this thing worse i think...
Jump to: