Topic: [ANN][XPM] paused and shut down - page 2. (Read 14135 times)

My pleasure, tip has been received, thank you so much

+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

Awesome job on providing this guide to help others subscribe! I added it to the main thread post for others to follow.

The Tip Cap comes right off!

Date: 7/28/2013 01:39
To: AQX6i7jWKZk3WchULwFybcFfGYTHtYRn2u
Debit: -2.00 XPM
Transaction fee: -0.01 XPM
Net amount: -2.01 XPM
Transaction ID: 76ea752ad606c86f7affcdf2f9a98d122324dd87e14b18218791b04e69f94773

We are all learning in a sense and that includes me

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.

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.

This is a great question, and I have only been in limbo for the past couple days, with very little sleep, thinking how we can improve everything to make it profitable in every sense of the way. In fact, solo has been on my mind, however, we would need to accept a much higher risk and possibly own a few thousand servers for this to work.  I can't say we are too far from it, but we can get close with the right funds and the right group of people investing.

Feel free to pm me in what you had in mind, and let's discuss this more in-depth.

Macro, is it possible for us to solo mine on your service?

I don't believe it will ever be profitable pool mining now as diff. is way above 9.

Profits are now mostly based on luck.

Users of our Network that hit blocks for the pool

• jpmi1
• Bitflux - 2 or more times
• Easyice
• Ray - 4 or more times
• SALHERO
• jammertr - 2 or more times

I know there is more out there, but so far these have been claimed just about.
If I missed your username, please let me know and I will add it to this list.

Hi, do you still need some assistance getting started?

You can send me a private message with your worker info, and which package you would like
to order from http://www.hostforbit.com and I will get it started once funding has cleared.

You can use your coinbase account or simply use a address to send it to my address, either works fine.

Let me know what you decide to do.

Thanks
Maco

I would like to give you guys an update on how my experience has been so far with Host for Bit.


Thursday night I purchased  10k pps I believe for 0.20 btc. My shares are still coming in thanks to the awesomeness of Host for Bits! I have received +10 hours so far of extra time. During the 34 hours my miners has been running I have racked in about 4.5 XPM. at current exchange rate 0.04 btc.  I currently average about 1/ 400th of the shares of ypool with a payout of 0.025 on average per block. My investment currently has not paid of but I am pleased with helping Host for Bit, Prime coin, Bitcoin, and the workers on ypool. It could possibly pay itself off of we give it another 72 hours. I am please with this service and content with my investment. If anyone has any questions about my experience with either Host for Bits or Ypool, I would be happy to answer your questions.


Note: I wrote this on a Droid.

Set up a coinbase account.

Once you're in the coinbase account, perform the following steps :

Click on "merchant tools" on the left
click on "Tools"
select payment type : donations , select any button, give it a name (i called it VPS) & then click on "generate button code"

you'll get a html code, just open up notepad, copy & paste the html code in it, save the notepad file as vps.htm on your desktop

Doubleclick the vps.htm on your desktop, click on "donate bitcoins", you'll get a new form

Select "send using a bitcoin address", send the coins to the generated address, et voila, within the hour the funds is available in coinbase to spend on the VPS

If it helped, donations are welcome in XPM (AQX6i7jWKZk3WchULwFybcFfGYTHtYRn2u) or BTC (1AYyCPUQRVH6HLG8p6hvuxvCqjuM57JMh5)


EDit : Maco, feel free to add this small guide to your original post if it helps people to understand the coinbase system

How do I pay only for a day? 

Hey poordeveloper,

Thanks... I would like to take the credit in most things, but remember, this wouldn't work unless it was with the community.
Everyday, we are investing in MORE, and MORE Servers. What does this mean for our network? more PPS without paying more.

We are a community network... which means, you aren't buying a VPS or HOSTING

You are contributing to the community network to expand our resources, hardware, and services of gaining you more PPS, which helps you, and everyone around us earn more XPM. No one would see that unless it was pointed out, and I am pointing it out now.

If you look at Every Host provider in the world, I would like to say, we are the first to be working as a NETWORK OF HOSTING to only increase overall network speed. If our network speed goes up, your speeds go up. This is (sort of like we are a POOL-CLOUD host, while dispensing PPS to ypool.net to each individual accounts.). We are not affiliated with ypool.net as of yet, so I am pointing that out too.  I am coming up with some more plans, and I am just hoping to get it to make financial sense all together.

Conclusion: We are taking on a larger risk as a network to invest more into these heavy servers. I think it is a calculated risk, and we can all see the end result sooner than later. I can't say we at Host For Bit aren't turning a profit. For every +1 from you, is calculating to +1 on our end. so 50% from customers, and 50% from us goes back to you (the community).

Go changes and plans ahead, stay tuned!

Another quick update on the service :

Shares have increased after a restart of the miner (thanks Maco!)

This service has been pretty awesome so far (only took the smallest package), but i'm a very happy customer.

I recommend this service to anyone who wants to get into XPM .

After seeing the results were rather low, maco offered to improve the results.

So far, I've earned 0.138482 XPM more (extra) from this new test.

He got in touch with me through PM and asked me specifics about the problem. It is obvious maco has significantly improved the results I've gotten - the shares/hour count has increased significantly.

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 

An update ~ Before getting started, I want to THANK those who have been supporting us thus far, financially and verbally. We haven't billed anyone more than once at this time, and we are holding off on that until further notice, even though our packages are daily usage. We are still sending PPS for our paid users from two and three days back, as long as they made only 1 payment to 1 of our packages. It's been about 3 days, and first day users are still getting PPS for their accounts.  They are getting 3x of what they paid for, without paying additional days of usage. I think we are different, MUCH different than any VPS provider in this part. How? more on this in the RED font.

We are working on profitability, optimizations, and tweaks (constantly)
This has been on our minds way before our release, and we aren't stopping until we @ Host For Bit, gets it right.  I agree with some people in terms of profitability vs XPM earned, and we are working to fix out those kinks to bring us back in the right ball park... PRIMECOIN is changing daily, but we can manage to keep up, no worries.

Thank you to those who gave us a chance!!!
I am talking about the users who tried us out! I won't forget the people in the community who helped us get started.
If anything, we will continue to give back to them, once we get back on the right road... we couldn't make this possible without you.

For a coin that is just over 2 weeks old, we have seen a lot of history being made in such a short period of time... don't forget, we did reach 0.018 highest
peak price for 1 XPM coin. That isn't bad for just 2 weeks old. This is a great sign for long term ROI WITH xpm.. if this works as we expect it to.

THIS IS A SECTION OF MY POST YOU MUST READ!!
In terms of people comparing us with AMAZON VS. Digital Ocean VS. OTHER HOURLY/DAILY HOSTING PLANS
If you can show me your last 24 hours bill on any of these sites with proof of PPS per HOUR (for 24 hours run) and compare it with one of our packages, and show me the cost is less, I will match the price of that provider, and add 2,000 PPS extra on top of it. And no, free trials or $100 coupons don't count as a 'real test'.. if you have been billed for 24 hours usage (hourly/daily plans), and prove the PPS you are getting (fully documented) and can show the cost for it beats ours, I will price match it -- and -- add 2,000 PPS on top of it.  This means no monthly providers count... for long commitments. I would also like to see their stats, if running linux send me their CPU CAT info and documented PPS, and lets compare it to our plan @ http://www.hostforbit.com

I don't want to mention any names, but there have been other companies who sell you the hype, and never deliver a single thing. I don't sell hype, I provide services that people can start on today, and not have to wait MONTHS to get started or a whole year to maybe break even. I am trying to work with every venture to help keep this working for people... bear with me, and thanks for your support ahead of time.

So you can order at http://hostforbit.com now without a daily charge. We will keep the account live for about 72+ hours.. if you got docs and want us to price match, pm me and I will review it.. I would love to give out more pps if you switch over.

Thanks for your replies. We are working on some new updates, and turbo usage is still in beta.

Turbo will kick it all up a notch to more PPS without paying extra for it.

We will see how this goes.

Ouch! I'm solo mining with 3200 pps and I've gotten a block a day or so!

I have been soloing for 3 days with 100k pps and haven't got squat. That might not be the best idea. lol

just confirming : shares are adding up nicely since using your service, good job