Topic: [masterpool.eu] DISCONTINUED - shut down at the end of February (Read 8945 times)

No more support at support[at]masterpool.eu neither do I get a reply on a PM to nodemaster ... sad story..
(I lost my coins)

wow you dont miss an opportunity eh?

Ozcoin miners have been rather happy
http://ozco.in/content/share-payout-comparison-bitcoin

+10 to join P2Pool... 

someone with me giving https://miner.ecki.net:444 a try when masterpool shuts down?

Hate to see another pool go down, but I hope you encourage all your users to join another of the smaller pools or P2Pool.  I would hate to see any of that hashing power go to one of the "Big Three".

sad indeed. will you keep up the namecoin dns?

sad times. now I need to find a new place ;<

Well, switch back to prop? Or, let your work live on like Yourbtc and Ozco?  I'll take it, but I would go with DGM or Prop.  PPLNS was too limiting for me when you were previously a very good prop pool...I like to visit many pools and mingle.

Good luck on your next move! I am glad to have mined with you...just not on PPLNS...

There is only one master of the node...

It's a shame so many pools are closing lately. But have fun with your son and good luck with everything.

It was funny reading your blog post. So many times I went to bed thinking I sure hope that when I wake up we have finished this long block. I hadn't thought about it before but I guess all small pool operators have it the same way.

It is sad to see another pool closing.
best of luck in your future endeavours

Graeme

Hi all,

Unfortunately I have to announce that MasterPool will shut down its service on the end of February. All information about why this is nessecary and when this will happen can be found on the MasterPool blog. Please have a look there: http://blog.masterpool.eu/2012/01/masterpool-will-shut-down-its-service/
Like always if you have any questions or feedback please use this forum, or the comment section on the blog.

Thank you all for your time, effort, feedback and support

I guess it depends on your point of view. In terms of hashrate it was a success in getting rid of the sudden peaks in hash rates. The hashrate however is (as expected) much lower in comparison to proportional. The last days we see a very slow increase in hashing rate due to about 1-3 new users a day. But IMHO this is not due to PPLNS but more because of the increasing BTC prices. I got very positive feedback from some users regarding their now more constant overall income. Furthermore the payouts increased slightly for constant miners in comparison to proportional payout scheme. However this is feedback from miners who were eager to change to PPLNS thus this may be a one sided view. Personally I'm quite satified with PPLNS. The biggest difference for me speaking as a pool operator is, that I have the possibility to interact with users giving them hints in order to optimize their mining setup. We achieved several improvements on the pool and on their setups which is very rewarding in a small community. This was not possible with pool hoppers.

However please keep in mind, that MasterPool is no "business". It's a spare time project and fortunately there is no nessecity for me to make profit. My main focus is to build a rewarding community. Having this in mind I have to say: " Yes I'm glad with changing to PPLNS". However this does not mean, that it's the best option for all pools. If I wanted to make profit I guess it would've been better to stay with proportional.

In retrospect, are you glad you made the change to PPLNS? Did you anticipate a higher hash rate?

I added german translations to the website and thus opened another thread in the german subforum. If you like get support in german. Please have a look there: https://bitcointalksearch.org/topic/masterpooleu-merged-mining-1-fee-pplns-deutsches-webinterface-53558

As announced before the pool was switched to PPLNS this night. The next solved blocks will be rewarded using the PPLNS system.

Yeah must be quite a couple of days  It seems you face a problem with some cookies we had last month: Have a look at this Jumble. This should fix it: https://www.masterpool.eu/jumble/comment/52

Thank you for being that patient. However please don't hesitate to post on the Forum, Twitter, or Jumble if you experience such problems. Furthermore you can always contact support@ via email. There is no need to wait a couple of days for problems to get fixed. Just drop a line and I'll try to sort it out.

Hmm, I just logged in without issues.  Try clearing all cookies from *masterpool*, I remember having a similar problem previously when I would sign in from 2 different locations.  The page would just go blank.

Haven't been able to login to my dashboard for a couple of days.  Is there a fix coming?

As already announced we’ll change the reward system from proportional to PPLNS. This will happen on 26. Nov 2011 00:00 UTC. The first block on each blockchain solved after that date will be rewarded as PPLNS block.

If you need some more information on PPLNS please have a look at the blog as I compiled some information there:

http://blog.masterpool.eu/2011/11/pplns-facts-and-myths/

If you are still missing some information don’t hesitate to discuss it on the blog, the forum or on jumble.

I wanted to give some quick updates on the PPLNS progress. PPLNS is up and running on https://alpha.masterpool.eu which is running on testnet. Feel free to register and play a bit, but keep in mind that it is still alpha  We have a neat new feature which I called round explorer. Due to the design of PPLNS you will sometime be awarded for shares that was committed in previous rounds or you may loose shares if the round is very long. In order to keep the calculations transparent I'll introduce the round explorer. Here is an example:

https://alpha.masterpool.eu/statistics/block/5ef6c40fab320bb1c08db96e924945d568ecc809241af8da8e32e114d3a2ad38

Both blockchains on MasterPool alpha use a difficulty modificator of 2 at the moment. This may change before the new version is rolled out to production. If a block is found (difficulty * 2) previous shares are used to calculate the reward. On the round explorer above you'll find your real submitted valid and total shares but also your amount of shares that were used in order to calculate the PPLNS reward (if it was a PPLNS round).

At the moment we have the funny situation, that NMC difficulty is twice as high as BTC difficulty on testnet, thus expect to get more NMC than BTC. This is not a bug but a feature 

Please feel free to come up with suggestions for improvement.