I am not sure why everyone is so apprehensive about this pool. Its really quite simple.
Mustang wanted his own pool - so this is what I setup for him:
We have a super fast dedicated server running debian 6 on quad core xeon cpus
and an extremely fast uplink
The pool it self is running PoolServerJ 0.4 RC7 - using the revolutionary - and incredibly fast java work-maker engine
for the front end I ported the latest version of Simplecoin (which is designed for pushpool) to work with poolserverj
the Bitcoin daemon on the pool is the latest 0.5.1
As far as payout
we are using PPLNS which is by far the fairest and most cheat proof payout system out there.
It is what is being used at Eligius and many other pools these days, we considered going proportional just to get some sweet pool hopper action - but the truth of the matter is proportional is broken and outdated and PPLNS is one of the best payout schemes available.
There is no fee at this pool at all, mustang wants to see his pool succeed and because of that he is willing to pay an extra 10% out of his pocket and frankly I would be surprised if you could find a better deal out there.
Mustang is the pool admin - I am just a lowly technician but he is dedicated to making this thing work and I am on retainer to help with the technical details if there is any problem at all - rest assured I am available around the clock to fix any problem that may arise .
Thank you for your interest in TNTMining.com and if you have any specific technical questions feel free to email me at
[email protected]thank you and happy mining!
Oh boy...I hope you didn't set him up with the intentions of an "Eligius"-like pool.
"[353 GH] Eligius pool: ~0Fee
SMPPS, no reg, RollNtime, hop OK, BTC+NMC merged!"
Also, you still haven't answered what N is defined as for PPLNS...it's assumed as 1/2 difficulty, but our wonderful pool operator doesn't even know the inner workings of his own pool
Let me elaborate , first off I was mistaken when I said Eligius uses PPLNS, they are using SMPPS now - PPLNS is their old payout system
Also I am not sure what
Oh boy...I hope you didn't set him up with the intentions of an "Eligius"-like pool.
is supposed to mean but Luke-Jr - the owner of Eligus is one of the Bitcoin core developers and also a very intelligent and skilled coder so I am not sure what you were trying to insinuate by that.
But let's put that aside because it really has nothing to do with TNTMining.com
Mustang tried to answer your question by telling you
Insert Quote
Payout is: {your last valid shares during n shares}/({difficulty}/2) * {the number of bonus coins awarded}
If you can't figure that out I apologize Payout is: {your last valid shares during n shares}/({difficulty}/2) * {the number of bonus coins awarded}
I am not trying to insult you or anyone else - but this is Mustang's pool he is not forcing you to mine at his pool, if you don't like his pool you are free to go anywhere you want, I have not seen you submit even one share but you already act like he owes you something. I am sorry sir but he owes you nothing - if his lack of experience - or his payout system makes you feel uncomfortable please go somewhere else - his purpose is not to give you a right to bitch its to give you a start-up pool choice that is both profitable and fair and if you make the decision to mine there and are disappointed it's no ones fault but your own - because you made the decision to mine there.
If this post seems aggressive I am sorry I have no bad feelings towards anyone here but please Mustang is going out on a limb and trying to offer something new to the mining community, give him positive constructive criticism and don't try tear him down, he has no bad intentions - I assure you.
good luck and happy mining!