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Topic: [CLOSED] Watch the thread for finaly payout info "Project #2" - page 17. (Read 47922 times)

hero member
Activity: 518
Merit: 500
update:

I have had no contact from my server guy for about 24 hours. Clearly I have no idea why. He disabled everything and was trying to to fix it last time he talked with me. For right now I will assume something crazy happened like, car accident, drunk in the gutter, arrested for being drunk in the gutter, whole cities internet went off line.. who knows... I will give him a reasonable amount of time to respond and then I will give out his personal information. I know what city he lives in, his name, ways you can find his address, his forum name stuff like that. However we are not to that point. Going off line for 24 hours even in a crisis can have a reasonable explanation.

I have no access to the servers and I have no access to any data on the servers right now. He has no access to the bitcoin so it makes little since for him to do this intentionally. I'm very sorry for the down time and for the locked coins but I will try to have this resolved quickly.

Thank god for that !

The last thing we need is yet another "OMG, I got hacked, they stole all my BTC, now I cannot pay you fools that mined" incident after a1bitcoinpool, btcserv, ozcoin etc. ...
sr. member
Activity: 381
Merit: 250
Hi all, it is a bad day.

 this will take a while:(

Any ETA yet on when the front end will be back up?  I still get a blank page when I go to http://goat1.zapto.org:8700/bcoin/index.php .

thanks,
Sigg
sr. member
Activity: 308
Merit: 250
Oh, pool hopping.  That doesn't bother me.  Interesting business.

Seems like your heart is in the right place.  Pardon my unfounded suspicions.
sr. member
Activity: 308
Merit: 250
So what should someone who's been mining for you do when after they use their mined coins to buy Alpaca Socks law enforcement shows up and tells them that their coins were the marked proceeds from a sting operation related to drugs, arms sales, child porn trade, or that they were bitcoins reported previously stolen and that they have a warrants to seize all their computers to look for evidence?

The word on IRC is that these private services which pay >100% PPS in BTC for mining are doing this because they're attempting to get rid of 'dirty' coins which could potentially be traced in exchange for freshly mined coins.  Certainly this is the only thing I've heard that makes any economic sense at all, but if it's true don't the miners have a right to know what role they're playing in this and what risk they're taking?

Have I got it wrong?  Can you help me understand what the business is here?

Can those who mine on this pool show us some of the funds they received in block explorer? Are you getting "fresh" coins or old ones?

Goat, where is the FAQ that you referred gmaxwell to?  You seem like a cool guy, but this pool seems too good to be true.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
Thanks for the update Goat.
member
Activity: 65
Merit: 10
yep...down...had a comical balance like EpicBacon...something like $30K in unpaid BTC before it went offline

Goat is having a bad day...
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
My miner's reporting "connection refused". Anyone else having such troubles?
sr. member
Activity: 308
Merit: 250
What is the externality?  100% is the most you *should* be earning, so who's pocket are you taking the rest out of?
hero member
Activity: 574
Merit: 500
Web stats are down.
member
Activity: 94
Merit: 10
sr. member
Activity: 392
Merit: 250
Indeed it's back online now, but that was some long downtime this time.
legendary
Activity: 980
Merit: 1000
working fine for me
sr. member
Activity: 392
Merit: 250
What's up with the "pool"? Seems to have been down for a couple of hours now.
sr. member
Activity: 392
Merit: 250
So are you saying that hopping is now dead / not profitable since everyone is doing it etc. ?
Of course if everyone does it it doesn't work anymore.... But that's the point after all. All to PPLNS Wink (or equivalent, I don't really know much about this "DGM" thing).
hero member
Activity: 518
Merit: 500
I do not hop deepbit so what does that leave me with? Lol.
The 140% was when all pools were prop and there were no hoppers.

I will open my books when I end the project and you will see it no were close to 140%.

I'm not kidding at all when I say I have had one week where one server pulled under 100% !!

So are you saying that hopping is now dead / not profitable since everyone is doing it etc. ?
hero member
Activity: 518
Merit: 500
We will keep the floor at 105% as long as we can. The rates for higher hashes will be coming down some. 1.5Gwill have to stay at the 105% rate now. We are killing off pools right and left and thus our income is going way down. We can only pay out what we bring in and honestly I have had weeks where I lose money.

Yeah so much for those saying hopping brings in 140% PPS. Roll Eyes
sr. member
Activity: 392
Merit: 250
By down you mean, lower than 117-115% or even lower than 105%?
Anyway, I like that concept of organized pool hopping, it gives people who can't afford the time setting up hopping for themselves the opportunity to do it while hopefully teaching people who don't care a lesson about proportional mining being bad and PPLNS being a better solution...
member
Activity: 145
Merit: 10
please could increase it to 110% for 1.5ghs+ ?
hero member
Activity: 502
Merit: 500
Yha. Backup pols are in e I use btcguild and even on average I get like. 6 in three days just for having them set up as my back up pool
newbie
Activity: 26
Merit: 0
There was nothing wrong, sorry that you feel its my fault. when i first started i was getting like 3.6-3.8 which was awesome. There must have been something fishy going on over the weekend. I guess consistent disconnects. That's the only plausible explanation. I can get up to 5.2gh but over a week i average closer to 4.8 so im not gonna be getting the 115 so thanks anyway.

I have been mining for 8 months and never had issues with miners/settings/pools. I always got exactly what my mhash reflected. I haven't changed anything when switching to different pools. This is the only one that disappointing me Sad I feel so noobish for not setting up a backup server. I never needed to in the past.
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