[CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers - page 388.

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: ice_chill on August 10, 2012, 12:01:31 AM

Quote from: eleuthria on August 09, 2012, 11:59:14 PM

Quote from: ice_chill on August 09, 2012, 11:56:07 PM

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

BTC Guild is a merged mining pool (like most pools). You earn Bitcoins _AND_ Namecoins simultaneously. You get just as much BTC as you would at any other 5% PPS fee pool. Merged mining takes a valid Bitcoin hash and applies it to Namecoin as well. No speed is lost. No coins are lost.

The front page explains it quite clearly.

Oh sorry, I assumed power was wasted, can I sell NameCoins too ? I am comning off Deepbit so was a bit confused.

You can exchange namecoins on a namecoin exchange like Bitparking (https://exchange.bitparking.com/main). They're not worth much at the moment (~0.003 BTC per NMC), though sometimes they get a spike in trade volume which temporarily makes Namecoins a decent bonus (1%+).

Graet

vip

Activity: 980

Merit: 1001

Quote from: ice_chill on August 10, 2012, 12:01:31 AM

Quote from: eleuthria on August 09, 2012, 11:59:14 PM

Quote from: ice_chill on August 09, 2012, 11:56:07 PM

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

BTC Guild is a merged mining pool (like most pools). You earn Bitcoins _AND_ Namecoins simultaneously. You get just as much BTC as you would at any other 5% PPS fee pool. Merged mining takes a valid Bitcoin hash and applies it to Namecoin as well. No speed is lost. No coins are lost.

The front page explains it quite clearly.

Oh sorry, I assumed power was wasted, can I sell NameCoins too ? I am comning off Deepbit so was a bit confused.

https://exchange.bitparking.com is the NMc exchange I prefer

ice_chill

sr. member

Activity: 336

Merit: 250

Quote from: eleuthria on August 09, 2012, 11:59:14 PM

Quote from: ice_chill on August 09, 2012, 11:56:07 PM

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

BTC Guild is a merged mining pool (like most pools). You earn Bitcoins _AND_ Namecoins simultaneously. You get just as much BTC as you would at any other 5% PPS fee pool. Merged mining takes a valid Bitcoin hash and applies it to Namecoin as well. No speed is lost. No coins are lost.

The front page explains it quite clearly.

Oh sorry, I assumed power was wasted, can I sell NameCoins too ? I am comning off Deepbit so was a bit confused.

Graet

vip

Activity: 980

Merit: 1001

Quote from: ice_chill on August 09, 2012, 11:56:07 PM

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

most people exchange thier namecoins for bitcoins and enjoy the extra profit -

you will mine more namecoins, the difficulty of the namecoin blockchain is lower, therefore more namecoin blocks are found and paid out
This does not in any way impact the number of Bitcoin you earn at your hahrate

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: ice_chill on August 09, 2012, 11:56:07 PM

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

BTC Guild is a merged mining pool (like Slush, OzCoin, EclipseMC, and many others). You earn Bitcoins and Namecoins simultaneously. You get just as much BTC as you would at any other 5% PPS fee pool. Merged mining takes a valid Bitcoin hash and applies it to Namecoin as well. No speed is lost. No coins are lost.

The front page explains it quite clearly. Namecoins are BONUS income. You're free to ignore them, but if you convert them to BTC on the exchange you'll end up with an extra ~0.5-1% BTC depending on the exchange rate at the time.

ice_chill

sr. member

Activity: 336

Merit: 250

This pool is a rip-off. I connected to Mine Bitcoins, but it has mined more Namecoins than Bitcoins, that I have nothing to do with now.
Stay away!

eleuthria

legendary

Activity: 1750

Merit: 1007

Some new load balancing has been put in place. If you were mining with 'btcguild.com' (without specifying mine1/mine2/mine3/de), you may receive a brief disconnect or a few Unknown share rejects.

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: laith5477 on August 09, 2012, 11:02:20 AM

Finally every thing back to normal , I still see more rejected shares on mine3 , I have one rig on mine1 and rejected shares are really low

mine3 required an extra restart (it failed to bind the web stats port) which would have caused some extra rejects when the servers were coming back online.

laith5477

newbie

Activity: 11

Merit: 0

Finally every thing back to normal , I still see more rejected shares on mine3 , I have one rig on mine1 and rejected shares are really low

kitich

newbie

Activity: 44

Merit: 0

Quote from: eleuthria on August 09, 2012, 10:41:56 AM

Quote from: kitich on August 09, 2012, 10:31:33 AM

Hello. My miners are ok, but all stats at btcguild stop counting shares. Still problems?

Username kitich

Are you sure your miners are running? No workers under that user are currently connected (failover pool?).

everything fine now Oo

Olly_K

sr. member

Activity: 361

Merit: 250

everything working fine here after the little blip

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: kitich on August 09, 2012, 10:31:33 AM

Hello. My miners are ok, but all stats at btcguild stop counting shares. Still problems?

Username kitich

Are you sure your miners are running? No workers under that user are currently connected (failover pool?).

kitich

newbie

Activity: 44

Merit: 0

Hello. My miners are ok, but all stats at btcguild stop counting shares. Still problems?

Username kitich

eleuthria

legendary

Activity: 1750

Merit: 1007

Servers are coming back up, still trying to get details on what happened and when. It looks like the server in Germany was working fine, only Chicago was acting up.

steamboat

hero member

Activity: 648

Merit: 500

Quote from: minivan81 on August 09, 2012, 09:43:29 AM

Same problems, website is down as well. Both deepbit and btcguild down this morning Sad

can't connect from my end either.

minivan81

newbie

Activity: 20

Merit: 0

Same problems, website is down as well. Both deepbit and btcguild down this morning Sad

Joshwaa

hero member

Activity: 497

Merit: 500

Lots of connection problems on the servers. New addresses are mining then not conecting.

420

hero member

Activity: 756

Merit: 500

Quote from: eleuthria on August 08, 2012, 11:09:59 AM

Some fixes are being deployed today to fix the above issue mine3 has been having. The same fix will also affect mine2.btcguild.com. Everything should be transparent for the miners, although you may get a few "Unknown" shares when the change happens. Currently mine2 and mine3 share the same physical machine since they have historically been far less load than mine1.btcguild.com. With the recent upswing in speed, and the fact that mine2.btcguild.com/mine3.btcguild.com are both shown as the recommended servers to new users, they are now coming close to mine1's load.

DNS will update for the servers and slowly miners should begin to filter onto the new servers. After 24 hours, I will reboot the old mine2/mine3 IPs and setup a proxy to the new IPs so miners which connect by direct IP will not be cut off.

which server is in california? or was that shutdown

eleuthria

legendary

Activity: 1750

Merit: 1007

mine2.btcguild.com and mine3.btcguild.com have officially moved to new servers. The new IPs for servers (for those that are still using old ones) are as follows:

mine1.btcguild.com - [removed]
mine2.btcguild.com - [removed]
mine3.btcguild.com - [removed]

If you just mine using 'btcguild.com' you are on mine1.btcguild.com.

Like the previous post mentioned, your miners will slowly move to the new servers once your DNS updates. After 24 hours I'll put up proxies on the old servers to direct you to the new ones. The process of automatically moving to the new servers may give you a handful of "Unknown" share rejects after the initial change.

UPDATE (2 PM PDT): Port 80 mining re-enabled on the new mine2 and mine3 servers.

eleuthria

legendary

Activity: 1750

Merit: 1007

Some fixes are being deployed today to fix the above issue mine3 has been having. The same fix will also affect mine2.btcguild.com. Everything should be transparent for the miners, although you may get a few "Unknown" shares when the change happens. Currently mine2 and mine3 share the same physical machine since they have historically been far less load than mine1.btcguild.com. With the recent upswing in speed, and the fact that mine2.btcguild.com/mine3.btcguild.com are both shown as the recommended servers to new users, they are now coming close to mine1's load.

DNS will update for the servers and slowly miners should begin to filter onto the new servers. After 24 hours, I will reboot the old mine2/mine3 IPs and setup a proxy to the new IPs so miners which connect by direct IP will not be cut off.

Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers - page 388. (Read 903150 times)