Topic: Chicago Cryptocurrency | ----------->0%<-----------| Join us now! POOL PARTY - page 2. (Read 9052 times)
February 10, 2015, 05:58:20 PM
Yea but with p2pool you don't lose your shares so I just swapped to another closer to me.
February 10, 2015, 05:26:20 PM
website and pool down?
Seems to be down. Also I noticed it looked like you were the only one on it the last day?
February 10, 2015, 04:41:54 PM
website and pool down?
February 09, 2015, 12:23:35 PM
Yeah, a PPS pool is certainly nice for a miner if the pool properly pays out, since the pool is the one taking all the risk. Unfortunately for BAN, they've supposedly had their wallets compromised a couple times to the tune of over 100BTC and are now in a situation where they've had some bad luck causing payout problems.
As I, and many others have mentioned, PPS - from a pool operator's point of view - is just a poor choice. You need to have a massive reserve of coins to keep up with payouts, and you are statistically doomed to failure because no pool can ever guarantee 100% or greater luck. Blocks can and will be orphaned.
As I, and many others have mentioned, PPS - from a pool operator's point of view - is just a poor choice. You need to have a massive reserve of coins to keep up with payouts, and you are statistically doomed to failure because no pool can ever guarantee 100% or greater luck. Blocks can and will be orphaned.
February 09, 2015, 12:08:31 PM
too bad slushy pool takes so long to confirm 
I haven't mined on Slush's pool since I first started mining. I tried a bunch of different pools before I settled on p2pool. I mined on GHash, Eligius, BTCGuild, Slush... and always found myself back on p2pool. Mostly it's because I like having control of things and don't like having to pay somebody else for the privilege of pointing my gear to their setup 
February 09, 2015, 10:13:01 AM
it's funny cause that's the main reason we open the p2pool just days like these are the ones that bother 
3 days and counting lets hope for a break though today 
3 days and counting lets hope for a break though today February 09, 2015, 10:10:25 AM
too bad slushy pool takes so long to confirm
I haven't mined on Slush's pool since I first started mining. I tried a bunch of different pools before I settled on p2pool. I mined on GHash, Eligius, BTCGuild, Slush... and always found myself back on p2pool. Mostly it's because I like having control of things and don't like having to pay somebody else for the privilege of pointing my gear to their setup February 09, 2015, 10:03:40 AM
too bad slushy pool takes so long to confirm
February 09, 2015, 09:57:32 AM
no no... i mean sspreding out my miners out to pps & P2pool = / i would never open a other pool it's P2Pool or Bust for the Chicago Team
Oh, I see. The only PPS pools I know either charge a high fee (like Discus Fish at 4%) or have struggled to keep up with BTC payouts (like BAN). Virtually every pool operator has gone to some other payout method. Believe me, PPS is absolutely great for the miner since the miner takes on no risk... which is why most every entity out there running PPS charges so much for it. Of course if you're Discus Fish and have over 70PH/s, you are making a pretty nice little bit of coin at 4% . February 09, 2015, 09:52:21 AM
no no... i mean sspreding out my miners out to pps & P2pool = / i would never open a other pool it's P2Pool or Bust for the Chicago Team
February 09, 2015, 09:48:27 AM
Don't bother trying to setup/run a PPS pool for BTC - or pretty much any other coin for that matter. Here's a little food for thought... if this same situation (a 500% block) happened on your PPS pool, you would have to have 100BTC in reserve to be able to pay your miners.
February 09, 2015, 09:45:44 AM
like wise seems like i should of put some effort in a pps pool also just to keep afloat arg... this will be a lesson for me to have my coins spread out next time...
February 09, 2015, 09:25:11 AM
It's alive... it's just taking longer than expected to block... sure picked a very bad time to have a 500% block...
On the upside, if we found a block now I'd get 1.5BTC. On the downside, I spent quite a few more coins than that on rentals this past weekend, so I've got a lot of catching up to do.
On the upside, if we found a block now I'd get 1.5BTC. On the downside, I spent quite a few more coins than that on rentals this past weekend, so I've got a lot of catching up to do.
February 09, 2015, 09:16:37 AM
Very disappointed woke up expecting a few blocks found but nothing....... is P2Pool even alive? is the network down? 
February 08, 2015, 06:00:54 PM
ermmmmingalldayblahhhhhhhh.... 
February 08, 2015, 04:46:16 PM
Starting to? Lol... I sure picked the wrong weekend to rent 200TH/s. I'm down about 6BTC... Need some blocks very soon
ouch!
February 08, 2015, 03:50:09 PM
Starting to? Lol... I sure picked the wrong weekend to rent 200TH/s. I'm down about 6BTC... Need some blocks very soon
February 08, 2015, 03:37:03 PM
No blocks yet .............This is starting to hurt...
February 08, 2015, 02:57:15 PM
No blocks yet ............. February 08, 2015, 01:36:20 AM
4 blocks in the next 24 hours would be nice...
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