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Topic: [DOWN] Bitlc.net - P2SH, No invalid blocks, Custom payouts, EU, 0% fee, LP - page 5. (Read 180987 times)

newbie
Activity: 22
Merit: 0
Hi guys!

This is due to a few larger transactions out from our hot-wallet, we're currently requesting funds from our off-line "cold-wallet" to compensate for this.
It may take a few hours tho, the private keys are in a safety deposit box rather far away physically which currently is being transported to me personally.

This is the first time our hot-wallet has run out of funds, and we're terribly sorry for any inconvenience this may cause you.
We're working as fast as we can to solve this issues.

All money is still safe and still in your possession, they are just not accessible right now.

--
Regards, Jim
Bit LC Inc.
https://www.bitlc.net/
Lem
newbie
Activity: 78
Merit: 0
This morning I've been trying to withdraw a tiny amount from my wallet (a few bitcents). The answer is: "Request error: Insufficient funds".

To me it looks like the last three block rewards haven't been transferred yet from the pool "rewards address" to the pool "paying addresses":
http://blockexplorer.com/address/14jncAC9isL5LE76ceiXPXjr9N7iG4v7Xy

Just to let you know.
sr. member
Activity: 403
Merit: 250
It's our upstream ISP's thats malfunctioning. Doesn't seem to be an attack. Our 10GE core is still alive, but the rest is down...
I'll keep you guys updated as much as i can. Bitlc.net will boot up automatically when the issues are resolved.

ETA - No idea, it's not just us.


EDIT 20 minutes later:
All systems are back online, an ISP technician are on his way to the DC to investigate WTF just happened.
It was a really bad coincidence as i lost all control over my environment at the same time i accidentally cased the MySQL server to hung.
sr. member
Activity: 403
Merit: 250
1) Our upstream ISP seems to have a few issues - i get tons of reports of OTHER servers and services crashing.
2) Our MySQL hung due to a PPLNS-test implementation, sorry for that (my fault)
3) Rebooting everything and restarting it in the correct order.

ETA 5-10 minutes max.
sr. member
Activity: 403
Merit: 250
Yep, I'm working on it Smiley

It went down about 13 minutes ago due to a MySQL failure (hung process) - reboot in progress.
sr. member
Activity: 336
Merit: 250
I'm currently investigating the possibility of getting help from others to implement PPLNS - as you may notice that my attempts have failed and/or been so heavily delayed.
There is still plans for this, don't give up yet!

I must also apologize for the people that have sent e-mails to us during the summer, all of them should have got replies now - but I'm truly sorry that it took so long for some of them to get replies.

My top priority for Bit LC Inc. / https://www.bitlc.net/ right now is PPLNS, trust me on that one.

--
Regards, Jim
Bit LC Inc.
[email protected]
Is there some reason why the pool's totally down at present?
sr. member
Activity: 403
Merit: 250
I'm currently investigating the possibility of getting help from others to implement PPLNS - as you may notice that my attempts have failed and/or been so heavily delayed.
There is still plans for this, don't give up yet!

I must also apologize for the people that have sent e-mails to us during the summer, all of them should have got replies now - but I'm truly sorry that it took so long for some of them to get replies.

My top priority for Bit LC Inc. / https://www.bitlc.net/ right now is PPLNS, trust me on that one.

--
Regards, Jim
Bit LC Inc.
[email protected]
member
Activity: 65
Merit: 10
Any ETA for the reward method change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.


Bump

any time in not that long future or?
sr. member
Activity: 403
Merit: 250
Sorry for the downtime, an unexpected software crash...
I have no actual idea why it crashed tho, going to investegate it further when i get back home in a few hours.

--
Regards, Jim
Bit LC Inc.
hero member
Activity: 792
Merit: 1000
Bite me
waiting for this to come back alive Huh
sr. member
Activity: 349
Merit: 250
Any ETA for the reward methog change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.

Yeah, it goes from 150 gh/s to 600ish after a block is found, then drops back down... pretty obvious what is happening. Right now I'm using p2pmining.com until the new method comes online.
Anxiously awaiting PPLNS.  Smiley
legendary
Activity: 924
Merit: 1000
Think. Positive. Thoughts.
Any ETA for the reward methog change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.

Yeah, it goes from 150 gh/s to 600ish after a block is found, then drops back down... pretty obvious what is happening. Right now I'm using p2pmining.com until the new method comes online.
sr. member
Activity: 466
Merit: 250
Any ETA for the reward methog change?  Smiley

Right now it sucks when people are pool hopping. They just collect the rewards from blocks that are found in four or less hours. After that loyal miners do the hard work and mine through the unlucky rounds.
legendary
Activity: 1428
Merit: 1000
https://www.bitworks.io
Surprised the tool is still a top 10 since others are maintaining a higher average hash rate, hopefully the tide will turn..
donator
Activity: 2058
Merit: 1007
Poor impulse control.
tell you what, i don't mind paying a fee if you're willing to keep this pool prop.

...but then again, i guess i'm just a single person here willing to do that.

I think a fair few of us would be happy to do that.

OK, the fee is 50% for any shares submitted in the first (1/2 difficulty) shares of a new round. Added to a fund that is payable to shares submitted after 1/2 difficulty is elapsed. You might have figured out how to hop that a bit by the time the pool goes PPLNS anyway.

Only just saw this, and sorry to necro a dead post, but it took all of ten minutes to figure out how to hop this back when bitcoinpool started the exact same tax. Don't let people think this is in any way even a stop gap solution, Deepceleron. And as for DGM vs PPLNS, why would you go for PPLNS? It's just a subset of DGM but without the flexibility.
sr. member
Activity: 350
Merit: 250
sr. member
Activity: 403
Merit: 250
It's on it's way, I've been a bit busy lately.
I asure you that it's going to happen as soon as possible.

We do not have any current ETA or similar. I'll update you guys here when the time comes.
legendary
Activity: 924
Merit: 1000
Think. Positive. Thoughts.
When will the pool be changing the payout method?
legendary
Activity: 924
Merit: 1000
Think. Positive. Thoughts.
Another long block :/ when is our luck going to turn around?
donator
Activity: 134
Merit: 100
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