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Topic: Bitparking PPCoin Pool [closed] (Read 22932 times)

legendary
Activity: 1078
Merit: 1005
April 06, 2013, 08:51:52 PM
I like how your system doesn't use a password, just links to a hash you can't change. The Eligius guys take it a step further and your payment hash is your username, no pw or accounts.
I'm a bit of a programming language nut. The pool was originally written because I wanted to try out the language runtimes and see how well they worked.

I used to do what Eligius does too, back when 'mmpool' wasn't merge mining but was a namecoin pool. When I switched to merge mining I had to somehow associate multiple addresses with a user. When I did the ppcoin pool I used the same pool code after I'd done the user modification thinking that sometime in the future I'd enable merge mining with ppcoin as the primary chain but I couldn't get that working.
sr. member
Activity: 434
Merit: 250
April 06, 2013, 08:44:47 PM
Man, so many new languages I've never even heard of, lol. I'm obsolete. Everything I ever did was in C, C++, PHP, or Perl. Touch of Java. Never learned any Python.

I like how your system doesn't use a password, just links to a hash you can't change. The Eligius guys take it a step further and your payment hash is your username, no pw or accounts.
legendary
Activity: 1078
Merit: 1005
April 06, 2013, 06:25:18 PM
doublec, did you roll your own front end/back end or were you using existing packages? May I ask which one(s)?
It is my own front end and back end. The back end is written in the ATS programming language and the front end in the Ur/Web programming language. Thanks for the payment point I'll take a look.
sr. member
Activity: 434
Merit: 250
April 06, 2013, 08:45:22 AM
doublec, did you roll your own front end/back end or were you using existing packages? May I ask which one(s)?

Thanks.

Edit: If you enjoy running the pool and doing the front end part of things, you might consider this payment system:

http://eligius.st/wiki/index.php/Capped_PPS_with_Recent_Backpay

Zero out of pocket/risk to you.
sr. member
Activity: 434
Merit: 250
April 06, 2013, 08:28:10 AM
protip: open a second instance of cgminer for BTC.. run BTC at intensity 3 and PPC at intensity 11... when PPC is up you'll only get a few mhash devoted to BTC.. but when ppc is down you'lll get 85% hash rate on BTC

Great idea, thank you. Smiley What I ended up doing was starting up a local ppcoin server and putting into cgminer as a second pool in load balance mode. So in theory I'll solo mine if coinotron is down. In theory...

Speaking of which, can I have pools for multiple SHA-256 coins in cgminer at the same time? I'm guessing the longpool/stratum notifications would mess that up. Like say, if I added a PPC and a TRC pool, if it'd individually work on the work units assigned without any weird issues.
hero member
Activity: 616
Merit: 500
April 06, 2013, 08:23:28 AM
I really hope you'll consider a PPLNS pool. I'd launch one myself if I had a bit more clue on how it all works. I've been out of programming and web/database development for ~13 years, changed careers. Been fun starting to mine though. But my only PPC pool I'm using now is Coinotron and they keep going up and down, wasting lots of gpu cycles. Gotta get a 2nd pool. Smiley

protip: open a second instance of cgminer for BTC.. run BTC at intensity 3 and PPC at intensity 11... when PPC is up you'll only get a few mhash devoted to BTC.. but when ppc is down you'lll get 85% hash rate on BTC
sr. member
Activity: 434
Merit: 250
April 06, 2013, 08:16:59 AM
#99
I really hope you'll consider a PPLNS (or RBPPS?) pool. I'd launch one myself if I had a bit more clue on how it all works. I've been out of programming and web/database development for ~13 years, changed careers. Been fun starting to mine though. But my only PPC pool I'm using now is Coinotron and they keep going up and down, wasting lots of gpu cycles. Gotta get a 2nd pool. Smiley
legendary
Activity: 1420
Merit: 1010
April 05, 2013, 05:02:15 AM
#98
no it appears exchange is closing to Sad a sad sad day for us all :~(
legendary
Activity: 2632
Merit: 1023
April 05, 2013, 03:36:31 AM
#97
but the Bitparking PPCoin Exchange

is staying open??? right
hero member
Activity: 700
Merit: 500
April 05, 2013, 02:50:10 AM
#96
Sorry to hear about closing the pool and your losses. But thank you, it was a great pool.
Hope you can open it up again sometime with profits on both sides.

The exchange will be still up?
newbie
Activity: 28
Merit: 0
April 05, 2013, 02:44:39 AM
#95
Why not just increase fees some more or open a PPLNS pool?
legendary
Activity: 1078
Merit: 1005
April 05, 2013, 02:14:27 AM
#94
Even with the fee increase the pool has hit a large bad luck run and I've decided to close the pool. The risk is to large to end out of pocket and having to buy ppcoins to cover the reserve at high prices. The following is posted on the pool page:

Quote
I regret to inform that I've decided to close this ppcoin pool. With the large recent increases in PPCoin price and the variance of finding blocks with the ppcoin network combined with the 512 block maturity time it's become to risky for me to keep operating. In the last few days the pool has lost 10,000 PPC out of reserves and I'm not willing to fund out of pocket at the current prices. Thanks for mining here and I recommend coinotron.com or vpool.us. Withdrawals remain enabled for a few days and then I'll automatically withdraw to all user addresses.
newbie
Activity: 12
Merit: 0
April 05, 2013, 01:32:22 AM
#93
Does anyone happen to know why the reported rate on my user stats is less than what's shown by either guiminer or cgminer? My 7950 is showing about 540MHash/s, while my stats page has been sitting between 460 and 480.

I've had a few rejected shares in cgminer, but none fail due to hardware errors (none reported anyways).

Thanks in advance!
legendary
Activity: 2026
Merit: 1005
April 05, 2013, 01:17:07 AM
#92
my hashrate has dramatically decreased over the past 8 hours - from 13gh/s to 3gh/s - cgminer switched to other pool
 Huh
there were some problems?
legendary
Activity: 1078
Merit: 1005
April 04, 2013, 11:38:07 PM
#91
im trying to mine but i cant it never shows any hash rate
Make sure you've spelt your username correctly. It needs to have the correct case. What miner are you using?
sr. member
Activity: 252
Merit: 250
April 04, 2013, 11:26:56 PM
#90
im trying to mine but i cant it never shows any hash rate
legendary
Activity: 1078
Merit: 1005
April 04, 2013, 08:24:35 PM
#89
Why did you increase fee to a HUGE 7.5% on PPCoin? 2.5% was much better, now you're just being greedy. Please revert this ridiculous fee.
With 7.5% of 550 ghash, you're making in the area of $1500 per DAY by doing almost NOTHING.
Due to orphans, stales and the instability of the ppcoin daemon there is a lot of loss that the pool absorbs. My PPC pool wasn't designed for huge hash rates like it is getting now and it's causing a large strain on the server. I've increased the fee to account for this and to discourage miners from using it - preferring them to use cheaper pools and reduce the load. When PPC supports getblocktemplate I can switch to using stratum instead of getwork and the pool can lower the fee. I do recommend switching to another pool if you're not satisfied.

With the 500+ block confirmation required with PPCoin the pool requires a large buffer. The pool reserves keep dropping low and I'm funding out of pocket to keep things topped up. I was fine with this when prices were low and I didn't mind spending 'hobby money' levels to keep it going. Now the costs are much higher and the pool needs to pay for itself.
sr. member
Activity: 277
Merit: 250
April 04, 2013, 07:29:25 PM
#88
7.5% thats a way too much, time to find a better place then
hero member
Activity: 556
Merit: 500
April 04, 2013, 07:22:06 PM
#87
I think coinotron pps fee is at 8%, the pool ops are probably doing this because of the long confirmation time.
legendary
Activity: 1344
Merit: 1004
April 04, 2013, 07:17:08 PM
#86
Why did you increase fee to a HUGE 7.5% on PPCoin? 2.5% was much better, now you're just being greedy. Please revert this ridiculous fee.
With 7.5% of 550 ghash, you're making in the area of $1500 per DAY by doing almost NOTHING.

Please, dial back the fee. You are being greedy.
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