[CLOSING DOWN] ScryptGuild Auto-Switching Pool - page 21.

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: humorme201 on May 05, 2014, 02:34:28 PM

Question: will the new BTC Scrypt site multi-mine or just do DOGE and LTC? Will it operate the same way that ScryptGuild is operating right now?

thank you,

At least at first it will be DOGE and LTC only, but you will be able to run auto-switch between those two. There's a chance another scrypt coin gets added, but for now those are the only two planned. They're simply the only ones that are worth mining the majority of the time.

STT

legendary

Activity: 3962

Merit: 1424

Leading Crypto Sports Betting & Casino Platform

Its been said Doge and LTC only for simplicity and no auto conversion if I remember right. But cryptsy will change them to btc on deposit if need be, I usually keep my LTC if market is in a lull

humorme201

newbie

Activity: 26

Merit: 0

Question: will the new BTC Scrypt site multi-mine or just do DOGE and LTC? Will it operate the same way that ScryptGuild is operating right now?

thank you,

DMacleod

full member

Activity: 140

Merit: 100

How much BTC/MHs per day is it on scryptguild?

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: joeventura on May 02, 2014, 04:04:16 PM

Quote from: eleuthria on May 02, 2014, 12:14:05 PM

Quote from: joeventura on May 02, 2014, 07:36:33 AM

Whose data are you using to decide which coin to mine?

Don't understand why you are touching DOGE with the reward being reduced to 12500

Hope you arent using COinchoose API as their site is so in accurate

The difficulty dropped sharply after the reward was reduced, because multipools wouldn't touch it til it dropped lower. The halving had very little effect on profitability, though that is why we've been hitting LTC more often (less time spent on DOGE because the diff goes up fast once it drops low enough for multipools to hit it).

Great thanks for the explanation!

No problem. It's something very common with coins who have abstract reward days or frequent halvings. Since people aren't locked into mining a specific coin with their hardware, they'll simply mine something else after a reward change. Eventually the difficulty will end up being (roughly) half of what it would have been previously. A good example of this is Earthcoin, which has 2x and 5x reward periods. During this time, the difficulty basically increases to 2x or 5x what it normally is, so for profitability it is virtually the same as any other day.

It's not an exact halving of difficulty since Doge has a decent number of loyal miners, but with multipools being such a huge part of the average DOGE hashing rate, the difficulty still dropped significantly so that it's still worth mining as a multipool, just not for quite as long as it normally would be.

joeventura

hero member

Activity: 854

Merit: 500

Quote from: eleuthria on May 02, 2014, 12:14:05 PM

Quote from: joeventura on May 02, 2014, 07:36:33 AM

Whose data are you using to decide which coin to mine?

Don't understand why you are touching DOGE with the reward being reduced to 12500

Hope you arent using COinchoose API as their site is so in accurate

The difficulty dropped sharply after the reward was reduced, because multipools wouldn't touch it til it dropped lower. The halving had very little effect on profitability, though that is why we've been hitting LTC more often (less time spent on DOGE because the diff goes up fast once it drops low enough for multipools to hit it).

Great thanks for the explanation!

eleuthria

legendary

Activity: 1750

Merit: 1007

Current expectation is BTC Guild's scrypt mining will be starting next Friday. So the timeline I posted previously is still roughly accurate. An update will be posted here and on the website once the BTC Guild scrypt pool is up and running.

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

Loving the scryptguild, at one point my 1gh of scrypt was earning me almost double what 20gh/s of SHA256 was earning me
Great work

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: w5pn73 on May 02, 2014, 05:50:30 AM

FYI, CSC are still piling-up and don't convert.

"Still" piling up is not a good term for this, considering they stopped piling up and were sold the last time it was reported. CSC requires manual cryptsy refilling because of how many coins we have that can't be sent until they have more confirmations.

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: joeventura on May 02, 2014, 07:36:33 AM

Whose data are you using to decide which coin to mine?

Don't understand why you are touching DOGE with the reward being reduced to 12500

Hope you arent using COinchoose API as their site is so in accurate

The difficulty dropped sharply after the reward was reduced, because multipools wouldn't touch it til it dropped lower. The halving had very little effect on profitability, though that is why we've been hitting LTC more often (less time spent on DOGE because the diff goes up fast once it drops low enough for multipools to hit it).

joeventura

hero member

Activity: 854

Merit: 500

Whose data are you using to decide which coin to mine?

Don't understand why you are touching DOGE with the reward being reduced to 12500

Hope you arent using COinchoose API as their site is so in accurate

xgtele

sr. member

Activity: 288

Merit: 250

Quote from: w5pn73 on May 02, 2014, 05:50:30 AM

FYI, CSC are still piling-up and don't convert.

Confirm the same issue.

w5pn73

sr. member

Activity: 635

Merit: 251

FYI, CSC are still piling-up and don't convert.

Sir Alan

full member

Activity: 221

Merit: 100

Quote from: dbcmaster on May 01, 2014, 09:44:04 PM

Anyone seeing the following bug on the site:

Yes. But in a couple of weeks the problem will go away when the site closes.

dbcmaster

newbie

Activity: 27

Merit: 0

Anyone seeing the following bug on the site:

1. Log into your account.
2. Click on the PPLNS statistics.
3. Scroll down to 'Closed PPLNS Shifts'.
4. Click on 'Coins Earned'.
5. Look at the table.

Expected Results:
5. You should be able to see the whole table.

Actual Results:
5. Table is cut off with no option to scroll.

https://dl.dropboxusercontent.com/u/15558107/bugs/Public%20Web%20Sites/scryptguild_pplns_coins_earned.png

I see it at all resolutions on both my laptop, home computer, and work computer.

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: T_Yamamoto on May 01, 2014, 03:47:34 PM

What should we do if we have less than 0.001 on Scryptguild when the switch is made?

Will it automatically sent out?

For BTC, I will adjust the payout threshold to 0.0001 for all users when mining is closed on ScryptGuild. It will deduct 0.0001 from your payout in order to cover the txfee if you do not have > 0.001.

T_Yamamoto

newbie

Activity: 20

Merit: 0

What should we do if we have less than 0.001 on Scryptguild when the switch is made?

Will it automatically sent out?

mocap3069

newbie

Activity: 7

Merit: 0

Quote from: eleuthria on April 30, 2014, 07:49:20 PM

Quote from: mocap3069 on April 30, 2014, 03:53:44 PM

Quote from: eleuthria on April 30, 2014, 03:01:17 PM

Quote from: mocap3069 on April 30, 2014, 12:58:34 PM

Anyone else having payout issues?
The payout amount does not work
all the time even though it is above
the minimum limit.

What coin and what payout threshold did you set? Payouts have been functioning properly. 0.01+ thresholds payout hourly. 0.00x thresholds payout once per day. Alternatively: Make sure you actually confirmed your wallet addresses.

BTC and my BTC was within the correct amount but nothing happened. I changed the payout amount when
I saw that I would not make the quota on my previous setting. This has happened more than once.

BTC payouts have been working fine. They have not failed to go out. 0.0x+ goes out 30 minutes after the hour. 0.00x goes out ~30 minutes after midnight server time.

On 4/30 at midnight it did not work for me and at least 1 other time previously it did not work. Last nights worked fine.

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: mocap3069 on April 30, 2014, 03:53:44 PM

Quote from: eleuthria on April 30, 2014, 03:01:17 PM

Quote from: mocap3069 on April 30, 2014, 12:58:34 PM

Anyone else having payout issues?
The payout amount does not work
all the time even though it is above
the minimum limit.

What coin and what payout threshold did you set? Payouts have been functioning properly. 0.01+ thresholds payout hourly. 0.00x thresholds payout once per day. Alternatively: Make sure you actually confirmed your wallet addresses.

BTC and my BTC was within the correct amount but nothing happened. I changed the payout amount when
I saw that I would not make the quota on my previous setting. This has happened more than once.

BTC payouts have been working fine. They have not failed to go out. 0.0x+ goes out 30 minutes after the hour. 0.00x goes out ~30 minutes after midnight server time.

mocap3069

newbie

Activity: 7

Merit: 0

Quote from: eleuthria on April 30, 2014, 03:01:17 PM

Quote from: mocap3069 on April 30, 2014, 12:58:34 PM

Anyone else having payout issues?
The payout amount does not work
all the time even though it is above
the minimum limit.

What coin and what payout threshold did you set? Payouts have been functioning properly. 0.01+ thresholds payout hourly. 0.00x thresholds payout once per day. Alternatively: Make sure you actually confirmed your wallet addresses.

BTC and my BTC was within the correct amount but nothing happened. I changed the payout amount when
I saw that I would not make the quota on my previous setting. This has happened more than once.

Topic: [CLOSING DOWN] ScryptGuild Auto-Switching Pool - page 21. (Read 102211 times)