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Topic: mining.BitcoinAffiliatenetwork.com-0% PPS + 1 Hour (or higher) Payout Interval - page 55. (Read 83345 times)

legendary
Activity: 1630
Merit: 1000
@s0br, I shot you a few emails so when you get a chance please reply
hero member
Activity: 546
Merit: 500
The way I see it there is only two reasons to start a pool:
1. You are a true believer in bitcoin and want to do what you can to help decentralize the hash rate.
2.You are business minded and want to make some money ( fees, etc.)
So I think time will tell as the pool takes a more defined direction, for now I will just sit back and enjoy the pool's generosity and maybe win a S3.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
So what is the ultimate goal of BitcoinAffiliateNetwork? Certainly this current business model is not sustainable, lol.

So why are they rewarding pool users with much more BTC than they've actually earned and giving away S3s on top of that? Eventually they'll have to make money the old fashioned way or they'll go bankrupt. What service will they actually be selling? Have they ever made any statements about that yet? If no, why not?

My apologies if this has already been answered. I've only been loosely following this thread because it seems to be too good to be true... and you know the saying behind that.  Wink

I don't think he has given a definitive answer but here is one of sobr's posts earlier in the thread.

https://bitcointalksearch.org/topic/m.8407211


Thanks for the link. Here's the text from that link...

Testing new code (ideas) that bring considerable efficiency to solving blocks from the pool's side... Need a lot of hashing to test various things... The risk is there... no doubt... but if it works out the monetary rewards are considerably larger than the cost of the bonuses and giveaways... I could be wrong, and I've been wrong plenty, but also have a wake of a of successes where I wasn't wrong.

Risky? I eat risk for breakfast. Just be happy to be a part of something really great.. that myself and a few of my friends/associates have decided to put in many extra hours and cash (that we could have instead just used for additional mining hardware for ourselves or build outs), and saw opportunity in being able to contribute to a community behind a vision (Bitcoin) that we're insanely passionate about...

Sure things are fishy... it's odd... it's outrageous... but so is all this crypto currency stuff...

... never enjoyed the limited selection of pools (which are an absolute necessary to be a part of unless you're sitting on 5-10 million dollars) ... so we thought we'd do something about it ... for ourselves out of necessity/survival... and for everyone else... we took a risk into sharing work from our laborious days, nights, and weekends... that it would trigger an unforeseen path of even greater things than we've ever envisioned by contributing to other people like us. So far... seems like we were right.

Something that began as a simple thought of being a free service.. it's delayed our main mission because it's shown a light on many things.. and quite simply... how important that it is that it needs to exist and flourish.

It's going to be a tough and challenging road. We're working with many exciting individuals and organizations... can't say I've ever experienced this in my own life... and one thing's most certain... there's a lot of room for everyone to participate...

I still don't see what their ultimate goal is. Just exactly what is their "main mission"? Is it ultimately just going to be another pool? It has to be obvious to everyone that they can't continue giving the current perks as it's not a sustainable business model.

He mentions in the first bolded comment that they are testing something that would give them an advantage in solving blocks for the pool. Is this even a genuine thing? To me it sounds like bitcoin alchemy and is frankly alarming.
hero member
Activity: 546
Merit: 500
So what is the ultimate goal of BitcoinAffiliateNetwork? Certainly this current business model is not sustainable, lol.

So why are they rewarding pool users with much more BTC than they've actually earned and giving away S3s on top of that? Eventually they'll have to make money the old fashioned way or they'll go bankrupt. What service will they actually be selling? Have they ever made any statements about that yet? If no, why not?

My apologies if this has already been answered. I've only been loosely following this thread because it seems to be too good to be true... and you know the saying behind that.  Wink

I don't think he has given a definitive answer but here is one of sobr's posts earlier in the thread.

https://bitcointalksearch.org/topic/m.8407211
legendary
Activity: 1232
Merit: 1000
So what is the ultimate goal of BitcoinAffiliateNetwork? Certainly this current business model is not sustainable, lol.

So why are they rewarding pool users with much more BTC than they've actually earned and giving away S3s on top of that? Eventually they'll have to make money the old fashioned way or they'll go bankrupt. What service will they actually be selling? Have they ever made any statements about that yet? If no, why not?

My apologies if this has already been answered. I've only been loosely following this thread because it seems to be too good to be true... and you know the saying behind that.  Wink
Somewhat covered on page #1 "This pool is intended to be a free service for a new company we're launching in the Fall and will be promoting soon. "

Edit: the OP has made it clear he is spending a ton of money to get this pool going and promoted. He has been open and upfront. So I am wondering if just maybe this pool will compete with GHash.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
So what is the ultimate goal of BitcoinAffiliateNetwork? Certainly this current business model is not sustainable, lol.

So why are they rewarding pool users with much more BTC than they've actually earned and giving away S3s on top of that? Eventually they'll have to make money the old fashioned way or they'll go bankrupt. What service will they actually be selling? Have they ever made any statements about that yet? If no, why not?

My apologies if this has already been answered. I've only been loosely following this thread because it seems to be too good to be true... and you know the saying behind that.  Wink
legendary
Activity: 1232
Merit: 1000
You should be a fan of PPS payments. Used to go PPS when I was still in Deepbit. It's a better payment method for the miners, not so hot for the pool operators as a spell of bad luck could hit them hard. That's why PPS usually commands the highest fees. A PPS pool with no fee is just crazy good.

AND a %12.5 bonus
AND a %50 short term bonus for a payout hiccup
AND a free S3 every day for a month
AAAAAAND a very responsive down to earth admin

Right now IMO this pool is the stone cold nuts.
agree
full member
Activity: 137
Merit: 100
The website home page still shows:
Db maintenance... pool is still up! Be back in a few minutes!

I was able to connect using the link at the beginning of these posts:
The public pool statistics are here: https://mining.bitcoinaffiliatenetwork.com/index.php?page=statistics&action=pool

From there I was able to get to the login page and after logging in got to my dashboard, pool stats, etc.

Every thing was verrryyy slowww.
Think i'll leave this website alone for awhile now that I've had my statistics fix. :\







legendary
Activity: 1148
Merit: 1000
You should be a fan of PPS payments. Used to go PPS when I was still in Deepbit. It's a better payment method for the miners, not so hot for the pool operators as a spell of bad luck could hit them hard. That's why PPS usually commands the highest fees. A PPS pool with no fee is just crazy good.

AND a %12.5 bonus
AND a %50 short term bonus for a payout hiccup
AND a free S3 every day for a month
AAAAAAND a very responsive down to earth admin

Right now IMO this pool is the stone cold nuts.
xms
full member
Activity: 223
Merit: 100
hello there,
there are no winner for August 19, 2014?

    I'm crossing my fingers.  Roll Eyes
Have you received any of the two you've won yet ?

Either way I'm hoping I win one, could use a bit more power.

Hi,

    Not yet, but I am really looking forward to it. In fact, I've bought some really nice power supplies, Thermaltake Toughpower Grand, 1200W, 80 plus gold.

    I know that you might be thinking that "this guy is cocky", but it's not what you think. I had actually bought the two power supplies; because I was anticipating some Scrypt miners I had ordered from GAW Miners. They were supposed to ship the "same day" that I ordered them, but after waiting for more than a week for them just to leave the GAW Miners warehouse, I cancelled the orders.

hi,

I am one of the winners too but do you know any info on the s3`s ?
i need some extra hash power :-)

gr xms
full member
Activity: 137
Merit: 100
Sorry I'm still hoping for the next s3!  Cool
member
Activity: 90
Merit: 10
Or leave and give the rest of us better odds at the S3. Smiley
newbie
Activity: 22
Merit: 0
still cant connect to website. getting...

Notice: mysqli::mysqli(): send of 67 bytes failed with errno=32 Broken pipe in /home/www/php-mpos/include/database.inc.php on line 6 Warning: mysqli::mysqli(): (HY000/2006): MySQL server has gone away in /home/www/php-mpos/include/database.inc.php on line 6 Warning: mysqli::query(): Couldn't fetch mysqli_strict in /home/www/php-mpos/include/database.inc.php on line 14 Fatal error: Call to a member function fetch_object() on a non-object in /home/www/php-mpos/include/database.inc.php on line 14

payouts still showing up in my wallet thus happy Smiley

Nervous that website is down.

I think I've become a PPS fan on this pool! Payouts higher than I'm used to.

Just relax, it goes up & down at various intervals. The pool op has been nothing but honest & transparent.
full member
Activity: 148
Merit: 100
SelfPay - ICO PRE SALE - huge Profit !
You should be a fan of PPS payments. Used to go PPS when I was still in Deepbit. It's a better payment method for the miners, not so hot for the pool operators as a spell of bad luck could hit them hard. That's why PPS usually commands the highest fees. A PPS pool with no fee is just crazy good.
full member
Activity: 137
Merit: 100
still cant connect to website. getting...

Notice: mysqli::mysqli(): send of 67 bytes failed with errno=32 Broken pipe in /home/www/php-mpos/include/database.inc.php on line 6 Warning: mysqli::mysqli(): (HY000/2006): MySQL server has gone away in /home/www/php-mpos/include/database.inc.php on line 6 Warning: mysqli::query(): Couldn't fetch mysqli_strict in /home/www/php-mpos/include/database.inc.php on line 14 Fatal error: Call to a member function fetch_object() on a non-object in /home/www/php-mpos/include/database.inc.php on line 14

payouts still showing up in my wallet thus happy Smiley

Nervous that website is down.

I think I've become a PPS fan on this pool! Payouts higher than I'm used to.
newbie
Activity: 34
Merit: 0
still no winner for the August 19, 2014 and August 20, 2014?
legendary
Activity: 1232
Merit: 1000
I haven't been able to connect to the website for this pool since yesterday. Payouts are still showing up in my wallet but no website is disturbing.

Correction, I connect but all I see is:
Db maintenance... pool is still up! Be back in a few minutes!

pool page is working now
legendary
Activity: 1630
Merit: 1000
I wish he would send out notification emails just to say the pool is down or just something as simple as working on the site dont worry.

Also another suggestion, for miner idle notifications, you should be able to get another notification when the miner is fixed and no longer idle.
full member
Activity: 137
Merit: 100
I haven't been able to connect to the website for this pool since yesterday. Payouts are still showing up in my wallet but no website is disturbing.

Correction, I connect but all I see is:
Db maintenance... pool is still up! Be back in a few minutes!
member
Activity: 111
Merit: 10
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