This pool has 3 s9's mining to it only.
Where did you get this information?
I do not remember that I was paying you a salary
Topic: EXPool.org Mining Pool / [PPS Payout] [ZERO fees] (Read 269 times)
Where did you get this information?
I do not remember that I was paying you a salary
I think Kano is right on the point,
but the OP just doesn't understand or want to understand anything he says.
Hi HagssFINbut the OP just doesn't understand or want to understand anything he says.
Could you write why you think so?
Let's imagine you are walking down the street and someone started shouting at you, “Thief, catch him,” and the crowd around starts to support shouts and draw out circumstances too. Would you like to be in such a situation of slander you?
So please, point me to places where I am not right and describe your point of view with proofs and facts?
This pool has 3 s9's mining to it only.
Well it is not that much hash.
So I would not worry much if he pays it or not.
41th = 189usd a month
This pool has 3 s9's mining to it only.
I think Kano is right on the point,
but the OP just doesn't understand or want to understand anything he says.
but the OP just doesn't understand or want to understand anything he says.
Well long ago and far away I mined on bitminter.
I stopped and moved to other pools.
The reason was back to back 99+% blocks.
The odds on that are about 11000 to one.
But it happened.
Now if a 100% pps pool comes along like this and it rips back to back 99% cdf blocks it has to pay out 7 blocks while it only collected 2. That is a shortfall of 60 coins.
So if you want to mine here and risk that he can’t pay when he has a down streak go for it.
By the way does anyone know how much hash he has on hand? 1ph 10ph 20ph or whatever.
I think Kano is right on the point,
but the OP just doesn't understand or want to understand anything he says.
but the OP just doesn't understand or want to understand anything he says.
Sayonara 
Ohhhh... we just started to understand each other ❤
Hope you get back soon and luck BTCBTCBTC will be on your side
...
Is it really that you are relying on words of one-day (already deleted) account Gervunt93 as a fundament of conclusions?
I see, so all semblance of etiquette is just going to be ignored today. Maybe you had a bit of bad luck last month https://kano.is/index.php?k=blocks , but me and my pool are not guilty.
Our luck so far this month is 226.61% meaning an average pool PPS reward for Feb so far of 230.43% PPS ... ... ...Is it really that you are relying on words of one-day (already deleted) account Gervunt93 as a fundament of conclusions?
What if it's not a pool, but a proxy?
Then it doesn't belong here - that's a service, not a pool.I see, so all semblance of etiquette is just going to be ignored today. Maybe you had a bit of bad luck last month https://kano.is/index.php?k=blocks , but me and my pool are not guilty.
Of course historical luck has no effect on the future, but there's no recent bad day for me.
Lulz, clearly your English is lacking, or you're having a bad day.
The quote above was a question by Gervunt93, and an answer saying that if the question is correct then the answer is correct.
You will also note that a mod removed Gervunt93's post and edited mine, since mine is indeed the correct answer to the question.
While all you need to do is show that the pool is not a BTC (or any other) proxy in any way to simply imply that it is a pool.
A miner can easily check that also, but only to verify it's current status.
Anyway, I'm done with replying to you now, since I've pointed out multiple times what's wrong with the pool, also how to correct it, and you are just trying to get posts in your pool thread.
Sayonara
Hi again, Kano Hope your day was great because my day was quite shitty.
Why am I not surprised you continue blaming my pool with no proofs and facts?
You are an alive legend on bitcointalk forum and one of the most authoritative blockchain activists -- everybody knows you and your pool. But it is not a reason and does not give you a right to use such big words like "scam-coin pool" (twice), "the fact that your pool will go broke", "everyone mining on your pool will have lost " etc ... without proofs.
Is it really that you are relying on words of one-day (already deleted) account Gervunt93 as a fundament of conclusions?
I see, so all semblance of etiquette is just going to be ignored today. Maybe you had a bit of bad luck last month https://kano.is/index.php?k=blocks , but me and my pool are not guilty.
Hope your day was great because my day was quite shitty.Why am I not surprised you continue blaming my pool with no proofs and facts?
You are an alive legend on bitcointalk forum and one of the most authoritative blockchain activists -- everybody knows you and your pool. But it is not a reason and does not give you a right to use such big words like "scam-coin pool" (twice), "the fact that your pool will go broke", "everyone mining on your pool will have lost " etc ... without proofs.
Is it really that you are relying on words of one-day (already deleted) account Gervunt93 as a fundament of conclusions?
What if it's not a pool, but a proxy?
Then it doesn't belong here - that's a service, not a pool.I see, so all semblance of etiquette is just going to be ignored today. Maybe you had a bit of bad luck last month https://kano.is/index.php?k=blocks , but me and my pool are not guilty.
What if it's not a pool, but a proxy?
Then it doesn't belong here - that's a service, not a pool.
The reason of our misunderstanding: "You are repeating the same thins over and over again".
I am trying to build dialogue -- find different sides of your point of view and is the same time I am trying to give you as much information as I can about my side.
Take a look at how many questions I am asking you (because this is the way to see eye to eye with you), but it is all in vain, it will all come to nothing
So could you ask me some more questions under from your side to find a common language?
And I would be pleased to hear answers on my questions. Hope you do not take offense that I am so meticulous
I am trying to build dialogue -- find different sides of your point of view and is the same time I am trying to give you as much information as I can about my side.
Take a look at how many questions I am asking you (because this is the way to see eye to eye with you), but it is all in vain, it will all come to nothing
So could you ask me some more questions under from your side to find a common language?
And I would be pleased to hear answers on my questions. Hope you do not take offense that I am so meticulous
The reason I said "The size of the pool is completely unrelated to the sufficient conditions." is because you are wrong in what you have said and I assumed you thought that was the reason you could ignore the BTC requirement.
If you have some other reason, just take it as: no you're wrong.
I do realise that all you are doing is trying to get posts on your pool, but me repeating over and over again, the fact that your pool will go broke and thus no one should mine on it, is bad for you, not good.
Change the payout scheme or close the pool.
They are the only 2 options with what you have stated about the design of the BTC part of your scam-coin pool.
See, if you end up $127,000 in debt on the very first BTC block you find, everyone mining on your pool will have lost no matter what scam-coin they are mining.
Sigh repeating the same thing over and over again
The reason of our misunderstanding: "You are repeating the same thins over and over again".
I am trying to build dialogue -- find different sides of your point of view and is the same time I am trying to give you as much information as I can about my side.
Take a look at how many questions I am asking you (because this is the way to see eye to eye with you), but it is all in vain, it will all come to nothing
So could you ask me some more questions under from your side to find a common language?
And I would be pleased to hear answers on my questions. Hope you do not take offense that I am so meticulous
Absolutely agree with you, and Meni Rosenfeld as you mentioned talking about that in the research.
But I am talking not about the size of my pool
Sory if you think so. I can not put in my head how did you come to this conclusion from my words? Could you point me directly to my this thought?
The main idea I've tried to explain: the work of Meni cannot be exactly implemented in my case because it does not have a deal with modern market indicators.
As you can see, I am absolutely open with you, therefore I speak directly and don't loading you with tons of mathematical formulas, although I can. This is really another topic and I think if it is discussed here, then I will be accused of artificially raising my topic on the forum
But I am talking not about the size of my pool
Sory if you think so. I can not put in my head how did you come to this conclusion from my words? Could you point me directly to my this thought?The main idea I've tried to explain: the work of Meni cannot be exactly implemented in my case because it does not have a deal with modern market indicators.
As you can see, I am absolutely open with you, therefore I speak directly and don't loading you with tons of mathematical formulas, although I can. This is really another topic and I think if it is discussed here, then I will be accused of artificially raising my topic on the forum
Sigh repeating the same thing over and over again:
If you mine BTC with a 1% PPS fee - i.e. 100% PPS which means you keep the transaction fees
You need to have a wallet balance of 4316.875 BTC (with your 1% fee)
It doesn't matter what other coins you mine - that is the amount you need to start with in your BTC wallet if you have BTC PPS miners.
Pretending that the fact that you are an altcoin mining pool and that will somehow magically remove that requirement either means:
1) you don't understand it
or
2) you only mine altcoins and thus need to move this thread to the altcoin part of the forum.
That altcoin mining has no effect on the BTC requirement if you have BTC PPS miners.
The size of the pool is completely unrelated to the sufficient conditions.
Absolutely agree with you, and Meni Rosenfeld as you mentioned talking about that in the research.
But I am talking not about the size of my pool
Sory if you think so. I can not put in my head how did you come to this conclusion from my words? Could you point me directly to my this thought?The main idea I've tried to explain: the work of Meni cannot be exactly implemented in my case because it does not have a deal with modern market indicators.
As you can see, I am absolutely open with you, therefore I speak directly and don't loading you with tons of mathematical formulas, although I can. This is really another topic and I think if it is discussed here, then I will be accused of artificially raising my topic on the forum
You are right design could be much better, but we are working on. We are open to support in design and development as you see in the bottom of the page.
No, we are not. Sorry if my explainings were not clear. According to your logic we should move hundreds of threads: btc.com, Eligius, Slush Pool ... etc So as you can see our mods know the difference.
So your pool is a multicoin pool, therefore an altcoin pool like zpool.ca which has other sha256 coins but pays in bitcoin? In that case you should move your thread to the corresponding forum area: Pools (Altcoins) because this area of the forum is exclusive to Bitcoin mining pools.
No, we are not. Sorry if my explainings were not clear. According to your logic we should move hundreds of threads: btc.com, Eligius, Slush Pool ... etc So as you can see our mods know the difference.
100% PPS means that you get paid for 100% of hashrate in your cabinet. As you can see in demo-account (login / password: test / test) calculations is simple:
YOUR DAILY HASHRATE * ALGO PRICE = DAILY PAYMENT (The sum on your wallet is the same as the sum in the cabinet)
YOUR DAILY HASHRATE * ALGO PRICE = DAILY PAYMENT (The sum on your wallet is the same as the sum in the cabinet)
100% PPS means (again as I stated) you are currently charging about a 1% fee (which also is too low for a PPS pool to not go bankrupt)
You need to use the PPLNS reward method to be able to get zero fee.
I 've double checked the calculations of Meni Rosenfeld (by November 17, 2011). Really cool work -- I think every miner should read it before connecting his rigs to any pool.
First of all, he wrote this paper in 2011 when on SHA256 alogo was not so many coins and as was said in introductions "In this paper we describe the various scoring systems used to calculate rewards of participants
in Bitcoin pooled mining".
Therefore, if you want to calculate the probability of the collapse of my pool or conditions sufficient for its existence, you must take into account the market indicators of all coins for SHA256. If there are scientific works on this topic, then I will gladly read it, because I searched a lot and had to use materials from related topics such as economics for myself.
First of all, he wrote this paper in 2011 when on SHA256 alogo was not so many coins and as was said in introductions "In this paper we describe the various scoring systems used to calculate rewards of participants
in Bitcoin pooled mining".
Therefore, if you want to calculate the probability of the collapse of my pool or conditions sufficient for its existence, you must take into account the market indicators of all coins for SHA256. If there are scientific works on this topic, then I will gladly read it, because I searched a lot and had to use materials from related topics such as economics for myself.
Incorrect.
The size of the pool is completely unrelated to the sufficient conditions.
If you have PPS BTC miners on your pool, it will go broke - simple fact.
If you don't have BTC miners on your pool then move this to the altcoin area of the forum.
As the simplest example of how that can happen.
If your first BTC block is 300% difficulty (probability 1 in 20.1 blocks being 300% or worse) you will need to pay out 37.7 BTC before you get any mined BTC.
i.e. your pool will need about $127,000 dollars to be able to afford to pay your miners if you get a 300% block.
There is no guarantee that you will ever recover that $127,000 from the BTC mining, that's the risk of running a PPS pool and why you need a wallet balance of 4316.875 BTC (with your 1% fee)
Therefore, if you want to calculate the probability of the collapse of my pool or conditions sufficient for its existence, you must take into account the market indicators of all coins for SHA256. If there are scientific works on this topic, then I will gladly read it, because I searched a lot and had to use materials from related topics such as economics for myself.
So your pool is a multicoin pool, therefore an altcoin pool like zpool.ca which has other sha256 coins but pays in bitcoin? In that case you should move your thread to the corresponding forum area: Pools (Altcoins) because this area of the forum is exclusive to Bitcoin mining pools.
Hi, Kano Glad to hear from you. The interest of such a big fish flatters me.
100% PPS means that you get paid for 100% of hashrate in your cabinet. As you can see in demo-account (login / password: test / test) calculations is simple:
YOUR DAILY HASHRATE * ALGO PRICE = DAILY PAYMENT (The sum on your wallet is the same as the sum in the cabinet)
I 've double checked the calculations of Meni Rosenfeld (by November 17, 2011). Really cool work -- I think every miner should read it before connecting his rigs to any pool.
First of all, he wrote this paper in 2011 when on SHA256 alogo was not so many coins and as was said in introductions "In this paper we describe the various scoring systems used to calculate rewards of participants
in Bitcoin pooled mining".
Therefore, if you want to calculate the probability of the collapse of my pool or conditions sufficient for its existence, you must take into account the market indicators of all coins for SHA256. If there are scientific works on this topic, then I will gladly read it, because I searched a lot and had to use materials from related topics such as economics for myself.
Glad to hear from you. The interest of such a big fish flatters me.100% PPS is NOT zero fee.
It is currently about a 1% fee.
(100% PPS means you keep all the transaction fees)
It is currently about a 1% fee.
(100% PPS means you keep all the transaction fees)
100% PPS means that you get paid for 100% of hashrate in your cabinet. As you can see in demo-account (login / password: test / test) calculations is simple:
YOUR DAILY HASHRATE * ALGO PRICE = DAILY PAYMENT (The sum on your wallet is the same as the sum in the cabinet)
So can you show to anyone who would mine BTC at your pool that you have that?
I 've double checked the calculations of Meni Rosenfeld (by November 17, 2011). Really cool work -- I think every miner should read it before connecting his rigs to any pool.
First of all, he wrote this paper in 2011 when on SHA256 alogo was not so many coins and as was said in introductions "In this paper we describe the various scoring systems used to calculate rewards of participants
in Bitcoin pooled mining".
Therefore, if you want to calculate the probability of the collapse of my pool or conditions sufficient for its existence, you must take into account the market indicators of all coins for SHA256. If there are scientific works on this topic, then I will gladly read it, because I searched a lot and had to use materials from related topics such as economics for myself.
Thanks for your question. It is quite necessary to understand to not to be fooled.
As you see we don't have a fee.
You might mention that we also pay for an algorithm, but not for a coin. That is because we manage mining powers between coins on the selected algorithm.
In this case, zero fee means 100% PPS payment. Not less, not more.
As you see we don't have a fee.
You might mention that we also pay for an algorithm, but not for a coin. That is because we manage mining powers between coins on the selected algorithm.
In this case, zero fee means 100% PPS payment. Not less, not more.
100% PPS is NOT zero fee.
It is currently about a 1% fee.
(100% PPS means you keep all the transaction fees)
Thus using the information provided under that link here: https://bitcointalksearch.org/topic/m.48795003
you require a constant pool wallet balance of: 4316.875 BTC
So can you show to anyone who would mine BTC at your pool that you have that?
Otherwise your pool is expected to go broke.
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