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Topic: [ANN][XPM] paused and shut down (Read 14057 times)

legendary
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
July 31, 2013, 10:12:52 PM
I think your prices need to be worked on.

I ordered the 32,000 PPS for a week package for .896 Btc.  I estimated that I needed around 100 XPM to make my ROI (or even get close) at current prices.  So far (in about 2 days) I have made 5.  At this rate I will have somewhere around 20 or 25 XPM by the end of the package, effectively losing about 75% of my investment.  This is just my observation so far, I think that this far in is a pretty good estimate of what I will make at this rate.

I am a little curious though as yesterday I was making more than .02 XPM per block, but today I am only getting around .01 to .015 per block.  Can anyone tell me with 32,000 PPS if this is abiout what I can expect to be getting as there is no way for me to determine if I am actually getting 32,000 PPS or not.

This is all my personal observation, owner is helpful and a nice guy, but prices are extremely high and at current levels people are dreaming if they think they will hit ROI.

We have made some tweaks in your account, and you can feel free to message me progress reports so I can know where to go, at any time. We are now implementing some new things to track the progress, and if user reaches lower than share values, we will auto run with new script to start testing until we hit the happy medium. Ypool has made major changes, even after your sign up, and we are finding a close way to bring you more value. How is your progress going so far? Seeing improvements?

I am now getting half of what I was getting yesterday, currently making about .006 per block.  Have only gotten about .5 of an XPM on the day.
sr. member
Activity: 294
Merit: 250
July 31, 2013, 06:17:56 PM
I think your prices need to be worked on.

I ordered the 32,000 PPS for a week package for .896 Btc.  I estimated that I needed around 100 XPM to make my ROI (or even get close) at current prices.  So far (in about 2 days) I have made 5.  At this rate I will have somewhere around 20 or 25 XPM by the end of the package, effectively losing about 75% of my investment.  This is just my observation so far, I think that this far in is a pretty good estimate of what I will make at this rate.

I am a little curious though as yesterday I was making more than .02 XPM per block, but today I am only getting around .01 to .015 per block.  Can anyone tell me with 32,000 PPS if this is abiout what I can expect to be getting as there is no way for me to determine if I am actually getting 32,000 PPS or not.

This is all my personal observation, owner is helpful and a nice guy, but prices are extremely high and at current levels people are dreaming if they think they will hit ROI.

We have made some tweaks in your account, and you can feel free to message me progress reports so I can know where to go, at any time. We are now implementing some new things to track the progress, and if user reaches lower than share values, we will auto run with new script to start testing until we hit the happy medium. Ypool has made major changes, even after your sign up, and we are finding a close way to bring you more value. How is your progress going so far? Seeing improvements?
sr. member
Activity: 294
Merit: 250
July 31, 2013, 06:15:20 PM
I mean I won't even be able to cash out whatever I'll mine cos of a min 2xpm withdraw limit Cheesy

Yes, that 2 XPM withdrawal limit is an ugly thing from the HostForBit side. They could easily limit it to one redraw a day if they wanted not to waist the (minimal) resources on large(?!?) number of payout transactions. This way it can only be seen as a way to collect pocket money from a lot of people letting HFB have what's left when they stop using the service. One day "free" trial was not free since no one could collect what's mined in that one day. Not that I long for < 1 XPM I've left them, as a matter of fact I've expected something like that since there is no free lunch in this world.

Please understand the 2 XPM withdrawal limit is not us. Also, I am working on an agreement with ypool to see if our users can see a little bit of a bump in ROI... working on this as we speak. Remember, we don't know what is going on daily at this moment, since our services heavily work in conjunction to ypool's service.

We are working on things to bring our users more value daily. Stay tuned. +1 for your review.
sr. member
Activity: 294
Merit: 250
July 30, 2013, 10:57:46 PM
I think your prices need to be worked on.

I ordered the 32,000 PPS for a week package for .896 Btc.  I estimated that I needed around 100 XPM to make my ROI (or even get close) at current prices.  So far (in about 2 days) I have made 5.  At this rate I will have somewhere around 20 or 25 XPM by the end of the package, effectively losing about 75% of my investment.  This is just my observation so far, I think that this far in is a pretty good estimate of what I will make at this rate.

I am a little curious though as yesterday I was making more than .02 XPM per block, but today I am only getting around .01 to .015 per block.  Can anyone tell me with 32,000 PPS if this is abiout what I can expect to be getting as there is no way for me to determine if I am actually getting 32,000 PPS or not.

This is all my personal observation, owner is helpful and a nice guy, but prices are extremely high and at current levels people are dreaming if they think they will hit ROI.

Hi,

There has been major changes from when you ordered, and everything we do relies on ypool's output and payout system. I will double check your account now, and see if we can get you kick started in the right direction.  We are always looking at feedback like yours to only improve, optimize, and generate more XPM for your investment. We are all new to this experience, and unfortunately, our services heavily rely on the payout per shares by ypool.

In addition, ypool has now backed up their stats by a longer period of time, so what we do for you now, you will see at a later time.

No worries, we are going to be optimizing all accounts today, and working to help us all get a better return.

Thanks
Maco
legendary
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
July 30, 2013, 08:44:02 PM
I think your prices need to be worked on.

I ordered the 32,000 PPS for a week package for .896 Btc.  I estimated that I needed around 100 XPM to make my ROI (or even get close) at current prices.  So far (in about 2 days) I have made 5.  At this rate I will have somewhere around 20 or 25 XPM by the end of the package, effectively losing about 75% of my investment.  This is just my observation so far, I think that this far in is a pretty good estimate of what I will make at this rate.

I am a little curious though as yesterday I was making more than .02 XPM per block, but today I am only getting around .01 to .015 per block.  Can anyone tell me with 32,000 PPS if this is abiout what I can expect to be getting as there is no way for me to determine if I am actually getting 32,000 PPS or not.

This is all my personal observation, owner is helpful and a nice guy, but prices are extremely high and at current levels people are dreaming if they think they will hit ROI.
legendary
Activity: 1456
Merit: 1000
July 30, 2013, 08:36:07 PM
Thanks for trial!
sr. member
Activity: 294
Merit: 250
July 30, 2013, 08:28:24 PM
Important Announcement:

Coinbase had a halt in their system that disabled the functionality of per day billing.
We kept most accounts active even after the 5 days halted billing glitch on Coinbase's subscription part.  

If you no longer want to use our services, we recommend you PM or email me to stop your account, and login to coinbase and cancel your subscription.

Starting now, moving forward, we will go ahead and extend our services to those who got rebilled for the down time of those days, and I will enable you to more PPS and remaining days running. In addition, you will benefit with the new earning system, as we have seen a better estimated XPM earning, according to our most recent tests.  You know I make it right for the community, however, we cannot afford to stay in business as our costs have only doubled with less intake of payments due to the coinbase payment glitch.

Please PM me again for your account info if you got rebilled today, and I will add more value to your account, and extend the time period as much as possible. This will still cause us a loss on the accounts, but we hope to continue doing business with you today, and the near future.

Thank you,
Maco
sr. member
Activity: 294
Merit: 250
July 29, 2013, 10:09:56 PM
ANNOUNCEMENT about LATEST yPOOL system changes!

ypool has made some drastic changes to their system, and now stats could take more time until they appear in your account.

From what we hear, ypool payout has a VALUE PER SHARE calculation.  Your Value/Share can be 1.0 up to 7.0 from what we are seeing as a result and hearing as feedback. This can potentially increase your earning rate by up to 30% -- however, this is not an exact quote, it is only speculation from our short tests. This is all new to everyone, and we are just at the beginning edge of what is yet to come from XPM mining.


BONUS: Host for bit will TIP you 2 XPM WHILE using our services with that worker and find a block within trial or paid period. This ends at 7/30/2013 12:00 PST

Send a pm with the block # you found from the stats page.
sr. member
Activity: 294
Merit: 250
July 29, 2013, 05:59:14 PM
Sorry everyone, I had an emergency that caused me to be away most of the day.

I am now back, and ready to take action. Last night, I couldn't sleep as we were working on some new changes.

We still have lots more to deliver everyone... so far, we have begun some updates, and we will see how it goes.  Still have 50% more remaining, and will keep you all updated.

Please contribute to this thread as much as possible with updates and progress.

Thanks for hanging in with us, and counting on us throughout this venture together.

Maco
legendary
Activity: 1596
Merit: 1010
July 29, 2013, 12:01:36 PM

How much pps are you paying for? It would be interesting if you could post some status update about your investment and how it is going with the new payout system. Thank.

i got the cheapest package before the promo (6000?) pps for 0.04 BTC , evaluating day to day.

Since the new system on ypool, my earnings have more than doubled.
full member
Activity: 214
Merit: 100
July 29, 2013, 10:06:23 AM
i hit 2 XPM blocks today, pretty sure they both came from HostForBit Smiley

the best one :

88296   5.402113   3   29.07 - 14:51   

5.40 XPM from 1 block, awesome Smiley
How much pps are you paying for? It would be interesting if you could post some status update about your investment and how it is going with the new payout system. Thank.
legendary
Activity: 1596
Merit: 1010
July 29, 2013, 09:16:01 AM
i hit 2 XPM blocks today, pretty sure they both came from HostForBit Smiley

the best one :

88296   5.402113   3   29.07 - 14:51   

5.40 XPM from 1 block, awesome Smiley
full member
Activity: 196
Merit: 100
July 29, 2013, 07:46:05 AM
So, after 24 hours of mining, here's my takeaway.

Pros:
  • The hoster is professional in his dealings. e.g. he had once forgotten to turn on my plan, so to compensate he gave me doubled PPS for a period of time.

Cons:
  • Will never make positive ROI. In 27 hours of 6k PPS (at a rate of 0.032 BTC/day) I've made ~0.44 XPM, which is 2.8 mBTC at current prices. The loss ratio is over 90%. If anything, this only goes to show how unprofitable XPM really is right now.

Also... what sieve size and jhprimeminer are used for mining? Smaller sieve sizes raise PPS, lower sieve sizes drop PPS, but the share rate would stay approximately constant.
legendary
Activity: 1974
Merit: 1075
^ Will code for Bitcoins
July 29, 2013, 06:14:26 AM
I mean I won't even be able to cash out whatever I'll mine cos of a min 2xpm withdraw limit Cheesy

Yes, that 2 XPM withdrawal limit is an ugly thing from the HostForBit side. They could easily limit it to one redraw a day if they wanted not to waist the (minimal) resources on large(?!?) number of payout transactions. This way it can only be seen as a way to collect pocket money from a lot of people letting HFB have what's left when they stop using the service. One day "free" trial was not free since no one could collect what's mined in that one day. Not that I long for < 1 XPM I've left them, as a matter of fact I've expected something like that since there is no free lunch in this world.
full member
Activity: 126
Merit: 100
July 28, 2013, 11:35:24 PM
After seeing the results were rather low, maco offered to improve the results.

Also, there was no downtime on either of the tests. Constantly getting shares. A professional service run by a professional.

In the end, I would say it's a well-run service which delivers. And I'm yet to see the end result  Smiley

Same for me.  Cool guy, great service.

Let me tell you what i've got out of this professional service..

So i've paid 0.04btc for 8k pps and after 12hrs mining on ypool i've got 0.09xpm lol

I mean I won't even be able to cash out whatever I'll mine cos of a min 2xpm withdraw limit Cheesy

But its all good OP sent me 2xpm as a BONUS so I guess I'll be wearing XPM fanboy hat untill rate hits 0.02 btc/xpm to break even Cheesy

sr. member
Activity: 294
Merit: 250
July 28, 2013, 09:43:14 PM
Ypool has changed their payout system, and we are seeing huge improvements so far. Shares are earning much more now from what others are reporting. Let's see how this goes... remember, our service is dependent on them. We have the resources to reach upwards of 30K pps on 1 server... and we hope ypool's new payout system gets it done for us.

Thanks for your support thus far!

They say evil triumph when good man do nothing.

And this service comes from the guy who a few days ago PMed me asking how to set up Primecoin miner on linux!

For those considering this service, I shall point out that at 0.17 BTC per day for 15,000 PPS, you are paying x4 more than setting up the same miner with Linux on DigitalOcean droplet.

We are all learning in a sense and that includes me Wink

In a few short weeks maco has already accomplished two projects primecoin buzz and cloud mining service. I'd say he is among the most hardworking supporters of xpm. Whether his cloud mining service can be a profitable venture is up to the market to decide, but I very much appreciate his effort.

+1

But I would love the option of remote access to servers, and also the option of solo mining.

My average shares per hour is around 125-130, considering the costs, solo mining at high pps solutions might be preferred by some
sr. member
Activity: 294
Merit: 250
July 28, 2013, 05:14:27 PM
Edit : my bad, looking at the wrong stats :>

Is there any way users of the service can see their worker details on your service on an "account" page in the future?

Just to give an idea what speed it's running at, how many shares, how long left on the contract, etc Smiley

Hi, thanks for your input.

We are working on a way to have it output more transparently. The thing is, we run an average of 2 servers per client depending on the route they are taking, and how much pps they requested. We soon should be implementing such functionality, if ypool works with us closely to allow for it. At this time, we recommend all users to monitor using a brand new account for our service. That way, you won't have stats concluding together from your other efforts/investments.

legendary
Activity: 1596
Merit: 1010
July 28, 2013, 04:41:43 PM
Edit : my bad, looking at the wrong stats :>

Is there any way users of the service can see their worker details on your service on an "account" page in the future?

Just to give an idea what speed it's running at, how many shares, how long left on the contract, etc Smiley
sr. member
Activity: 294
Merit: 250
July 28, 2013, 04:36:27 PM
Update: YPool posted a new share system, and I think this will change the interface of what we were mining on, only to increase it for the legit players, and keep those botnets/cheaters so to speak, away from the system (I hope they can pull it off), and here is what they have to say..


We are all learning in a sense and that includes me Wink

In a few short weeks maco has already accomplished two projects primecoin buzz and cloud mining service. I'd say he is among the most hardworking supporters of xpm. Whether his cloud mining service can be a profitable venture is up to the market to decide, but I very much appreciate his effort.

Hi Sunny,

Thank you for taking the time to write this post, and I am really looking forward to serving the community with much more value. I am learning everyday too, and I am committed to the good of the community each and everyday.  Most of my motivation comes from being around the right people, and you have inspired me to start moving on the adoption side of things.  I believe Primecoin is only at the beginning of Breaking world records, and making history.

I know the media attention is coming, but as of now, I can only speculate, and we aren't too far from it. I hope this service can work for people, and we are tweaking through all bugs to make sure we deliver more XPM for their investment.  We are constantly taking feedback, and listening to the community... and this will be our driving force for a long time to come.

Thanks for your support, and I will continue working on my end to deliver more and more value to the Primecoin community.

Maco
sr. member
Activity: 294
Merit: 250
July 28, 2013, 04:16:12 PM

We are all learning in a sense and that includes me Wink

In a few short weeks maco has already accomplished two projects primecoin buzz and cloud mining service. I'd say he is among the most hardworking supporters of xpm. Whether his cloud mining service can be a profitable venture is up to the market to decide, but I very much appreciate his effort.

Hi Sunny,

Thank you for taking the time to write this post, and I am really looking forward to serving the community with much more value. I am learning everyday too, and I am committed to the good of the community each and everyday.  Most of my motivation comes from being around the right people, and you have inspired me to start moving on the adoption side of things.  I believe Primecoin is only at the beginning of Breaking world records, and making history.

I know the media attention is coming, but as of now, I can only speculate, and we aren't too far from it. I hope this service can work for people, and we are tweaking through all bugs to make sure we deliver more XPM for their investment.  We are constantly taking feedback, and listening to the community... and this will be our driving force for a long time to come.

Thanks for your support, and I will continue working on my end to deliver more and more value to the Primecoin community.

Maco
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