No one has ever asked where I got the name Inaba...
I'll bite - where?Also, if the OP suddenly decides to shut down the pool and return at some point as bit-arena.net, you've earned nothing, right?
Topic: [GBT Protocol - ASIC] - BitArena.net - Mining Pool - Prop - 0% Fees. - page 7. (Read 13902 times)
September 24, 2012, 06:28:16 PM
Also, if the OP suddenly decides to shut down the pool and return at some point as bit-arena.net, you've earned nothing, right?
September 24, 2012, 06:28:02 PM
No one has ever asked where I got the name Inaba...
I-nab-a child? Are you a pedophile?
September 24, 2012, 06:23:47 PM
No one has ever asked where I got the name Inaba...
September 24, 2012, 06:06:08 PM
might be worth changing the speed in the topic
POOL SPEED: 1.1 GH/SEC - not quite 500GH/S anymore
but you get that with hoppers
POOL SPEED: 1.1 GH/SEC - not quite 500GH/S anymore
but you get that with hoppers
September 24, 2012, 04:00:04 PM
Greee, everybody is mocking you. Your payout strategy is highly flawed. This should be your #1 priority (all other features don't matter in comparison). Read the pdf linked above by Graet to learn more.
tl;dr: Don't use proportional payout. Ever. It has severe, crippling flaws.
PS. Sorry pool-hoppers
tl;dr: Don't use proportional payout. Ever. It has severe, crippling flaws.
PS. Sorry pool-hoppers
Thanks for this , but as i have said we are new on bitcoin network and we try to improve our pool server to work flawless, we have the resources to create more servers and to develope existing or new web functions so first time we have no fees to make a profit.
We simply reward the miners exacly for their work.
Reward formula:
Code:
$estReward = $totalShares/$totalPoolShares;
$adminFee = '0';
$estReward = round((50*$estReward)-(50*($adminFee*.01)), 8);
So you don't pay tx fees to miners. Bitminter still best pool around.
September 24, 2012, 03:01:03 PM
You would need about 10,000 BTC in reserve to properly operate a PPS shop.
Yeah win to lottery.
September 24, 2012, 02:59:56 PM
You would need about 10,000 BTC in reserve to properly operate a PPS shop.
Could run some kind of variable-fee PPS, based on the pool's reserve status (ie, fees go up as the pool gets closer to insolvency, then fall to ~1.5% when there's a nice buffer).That'd be a cool payout system, so long as the fees didn't go up so much that everyone left
September 24, 2012, 02:57:19 PM
You would need about 10,000 BTC in reserve to properly operate a PPS shop.
September 24, 2012, 02:56:44 PM
Thanks for this , but as i have said we are new on bitcoin network and we try to improve our pool server to work flawless, we have the resources to create more servers and to develope existing or new web functions so first time we have no fees to make a profit.
This isn't about whether you as a pool make a profit, it's about your miners getting ripped off.
We simply reward the miners exacly for their work.
No, you pay a lot to pool hoppers and very little to 24/7 miners who support your pool.
Take a look at the bottom of this webpage: http://organofcorti.blogspot.no/2012/09/23rd-september-weekly-pool-statistics.html
The two bottom charts show the pool hopping going on at 5 pools with vulnerable reward systems, "proportional" and "scored proportional". See how the hashrate is much higher for the short blocks than the long ones that take a lot of work. This is pool hoppers ripping off the 24/7 miners on these pools.
There's no excuse for these pools to still be running these reward systems and letting their miners get ripped off. Please don't start another pool like that.
DrHaribo i understand , i`m thinking we want to use PPS but we need BTC reserve.
September 24, 2012, 01:21:15 PM
Thanks for this , but as i have said we are new on bitcoin network and we try to improve our pool server to work flawless, we have the resources to create more servers and to develope existing or new web functions so first time we have no fees to make a profit.
This isn't about whether you as a pool make a profit, it's about your miners getting ripped off.
We simply reward the miners exacly for their work.
No, you pay a lot to pool hoppers and very little to 24/7 miners who support your pool.
Take a look at the bottom of this webpage: http://organofcorti.blogspot.no/2012/09/23rd-september-weekly-pool-statistics.html
The two bottom charts show the pool hopping going on at 5 pools with vulnerable reward systems, "proportional" and "scored proportional". See how the hashrate is much higher for the short blocks than the long ones that take a lot of work. This is pool hoppers ripping off the 24/7 miners on these pools.
There's no excuse for these pools to still be running these reward systems and letting their miners get ripped off. Please don't start another pool like that.
September 24, 2012, 12:53:45 PM
I support this message 110%. Keep it proportional!
September 24, 2012, 12:48:50 PM
Greee, everybody is mocking you. Your payout strategy is highly flawed. This should be your #1 priority (all other features don't matter in comparison). Read the pdf linked above by Graet to learn more.
tl;dr: Don't use proportional payout. Ever. It has severe, crippling flaws.
PS. Sorry pool-hoppers
tl;dr: Don't use proportional payout. Ever. It has severe, crippling flaws.
PS. Sorry pool-hoppers
Thanks for this , but as i have said we are new on bitcoin network and we try to improve our pool server to work flawless, we have the resources to create more servers and to develope existing or new web functions so first time we have no fees to make a profit.
We simply reward the miners exacly for their work.
Reward formula:
Code:
$estReward = $totalShares/$totalPoolShares;
$adminFee = '0';
$estReward = round((50*$estReward)-(50*($adminFee*.01)), 8);
September 24, 2012, 12:28:08 PM
Do you pay tx fees to miners?
September 24, 2012, 10:37:01 AM
WHY WHY WHY!
September 24, 2012, 10:34:18 AM
Greee, everybody is mocking you. Your payout strategy is highly flawed. This should be your #1 priority (all other features don't matter in comparison). Read the pdf linked above by Graet to learn more.
tl;dr: Don't use proportional payout. Ever. It has severe, crippling flaws.
PS. Sorry pool-hoppers
tl;dr: Don't use proportional payout. Ever. It has severe, crippling flaws.
PS. Sorry pool-hoppers
September 23, 2012, 10:25:13 PM
We are working to optimize Mysql live selections because they slow the website response badly. We will finish in a few hours. Thank you.
September 23, 2012, 07:46:08 PM
request:
Please add worker share numbers to api json.
Please add pool stats to api json
thank you
Please add worker share numbers to api json.
Please add pool stats to api json
thank you
Noted, thank you.
I`m working right now on it.
September 23, 2012, 07:40:50 PM
request:
Please add worker share numbers to api json.
Please add pool stats to api json
thank you
Please add worker share numbers to api json.
Please add pool stats to api json
thank you
September 23, 2012, 07:35:51 PM
Yeah, that 43% is mine! All mine! God help you if you try to change the payout method in the middle of a block.
Grats on the fact that you pool didn't just explode when I pointed my farm at you. I am impressed with that at least.
Grats on the fact that you pool didn't just explode when I pointed my farm at you. I am impressed with that at least.
Thanks , i`l not change it will remains with no fees.
Right now i`m planning to get more servers and i`m monitoring your speed to learn what i have to do next to be great
P.S i`m new on bitcoin and i see this is my first A+
Man, you know, one side of me seeing this makes me want to cry and try and explain. But the other side, the greedy pool hopping side...
Oh well I'll just keep quite.
September 23, 2012, 07:26:45 PM
Inaba , after you find the first block tell me what i should add to web page? Some features...
https://eclipsemc.com/ is Inaba's site - maybe you can glean few clues on what he likes from there I know that , i ask him i'm not that kinda guy.
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