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Topic: New profit-switching mining pool with nightly bonus payout-- CoinSolver.com - page 4. (Read 23429 times)

sr. member
Activity: 434
Merit: 250
Not everyone cheats darkages....sheesh..

Not sure if its merged or not. But I wouldn't worry about it either. VT is getting shit done, and we've talked to him. He is busy so i could care less if he posts in here.

Plus, everyone here is a savage so I wouldnt come on here much if I were him. most of you guys don't know your ass from a hole in the ground.
full member
Activity: 219
Merit: 100

Can we give the OP at least one day to update the web and to publish some info about that?

of couse, but as I've sad, as long as there is no expliсit information about status of merged-mining at Coinsolver, I prefer to merge-mine myself exe/plx
Nothing personal, just business Wink
But good to know that VT working on that Smiley
newbie
Activity: 9
Merit: 0
I see that Coinsolver mining ParallaxCoin now - is it merge-mining with other coin or what?.. The profit must be doubled with merge-mining.
Multipools can now say that they mine EXE for example, but in same time they mine Parallax or Monocle and have all profit from parallel mining for themselfs.
Or vice versa - they shows PLX mining, but they mining it through EXE blockchain.
And users can not verify that! So if multipools do not say explicitly about that - we should think they are cheating us guys!


Hi, It is not very nice to be so fast on the gun and start accusing straight away. ;-)
You have been nice to point out the option to merged mining and yesterday, less than 12 hours ago I had a talk with coinSolver about this, the operator managed to start implementing this (this is what is suspect since PLX was not mined before at coinsolver).

I don't know the status of this, I don't know if it is relay merget at this point. But for sure i don't think that the OP had time to update the web page to reflect what is going on.

Can we give the OP at least one day to update the web and to publish some info about that?

The mining of PLX started 3 hours ago and so far we only have immature coins according to the stats on coinsolver
full member
Activity: 219
Merit: 100
I see that Coinsolver mining ParallaxCoin now - is it merge-mining with other coin or what?.. The profit must be doubled with merge-mining.
Multipools can now say that they mine EXE for example, but in same time they mine Parallax or Monocle and have all profit from parallel mining for themselfs.
Or vice versa - they shows PLX mining, but they mining it through EXE blockchain.
And users can not verify that! So if multipools do not say explicitly about that - we should think they are cheating us guys!

update:
as long as there is no answer from VT I'm merge-mining exe/plx, couse it much more profitable anyway
full member
Activity: 263
Merit: 101
La Liberté guidant le peuple
I will get this corrected asap, sorry for the mistake.
Will await eagerly )
sr. member
Activity: 434
Merit: 250
I would love to see some input on reddit about this topic, I know VT is always up for ideas, and no one better to get it from then the customers. Thanks guys! Cheesy

http://www.reddit.com/r/CoinSolver/comments/24l82w/what_do_you_guys_want/
newbie
Activity: 14
Merit: 4
Hey Guys,

I just wanted to jump in here to clarify things a bit...  you're right, that transaction fee is ridiculous.  However, its not by design.  It would appear that you have discovered a bug in the payout system.  The nightly payments were incorrectly being sent individually instead of in a batch, increasing the transaction fees, and deducting them from the payments.  The way its supposed to work is that payments are sent in batches, and the pool absorbs the fees.  I will get this corrected asap, sorry for the mistake.

So with that understood, zneww is correct, I lowered the payout threshold to .001 to help the slower miners out.  Once this bug is fixed, is it safe to assume the lower payout threshold is a non-issue for folks?

sr. member
Activity: 434
Merit: 250
Ok, I agree, that's ridiculous and needs fixing. I don't see anything about it in the FAQ either: http://coinsolver.com/faq.php

Here is how a normal pool payout should look like:

https://blockchain.info/tx/f4cd8f146b44ecbe70df93641cb0b71ef783dbaf0b6c37b036c9e8f77d161c2e

You can see a bunch of small payments too, but the fee is 0.0014 for 2 BTC (0.07%), and is paid the pool, not the recipient(s).



EDIT: Wrong
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Ok, I agree, that's ridiculous and needs fixing. I don't see anything about it in the FAQ either: http://coinsolver.com/faq.php

Here is how a normal pool payout should look like:

https://blockchain.info/tx/f4cd8f146b44ecbe70df93641cb0b71ef783dbaf0b6c37b036c9e8f77d161c2e

You can see a bunch of small payments too, but the fee is 0.0014 for 2 BTC (0.07%), and is paid the pool, not the recipient(s).

full member
Activity: 263
Merit: 101
La Liberté guidant le peuple
Normally pools would send out payouts in one big transaction, which would on average cost a lot less than 0.0001 for each user, and it's typically covered by the pool fees anyway.
P.P.S. No, they don't combine (see pic)

full member
Activity: 263
Merit: 101
La Liberté guidant le peuple
Is coinsolver really charging everyone 0.0001 BTC? Normally pools would send out payouts in one big transaction, which would on average cost a lot less than 0.0001 for each user, and it's typically covered by the pool fees anyway.
According stats - yes (see the pic below)



At 12:40 am BTC Balance was 0,001171743 (on the pictire combined and btc balance in the same point). But withdraw amount only 0,001071743 (same amount appeared in my wallet), so fee is 0,0001.

Also on April 29 I got only 0,000922303, but threshold is 0,001. It means that 0,0001 was subtracted.

So, what do we have: If I will have five withdraws, I will have about 0,005 earnings and I will pay 5x0,0001 = 0,0005 fee (10%)
If threshold will be 0,005 I will pay 0,0001 fee (2%).

Conclusion: slow miners lose about 10% of their earnings. Only high-powered miners can earn a lot of BTC during the day and this fee for them just a small percent.

Is it possible increase threshold or combine several withdraw transactions? (or maybe something else)

P.S. sorry for my English, my native language is Russian
legendary
Activity: 2296
Merit: 1031
can anyone provide info on comparison of mining scrypt to scrypt-n?  looking for btc per mh/s #'s

thx
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Is it possible to make threshold payout at least 0.005? Not 0,001. Miners with slow equipment lose about 10% because of payment fee 0.0001 BTC.

Is coinsolver really charging everyone 0.0001 BTC? Normally pools would send out payouts in one big transaction, which would on average cost a lot less than 0.0001 for each user, and it's typically covered by the pool fees anyway.
sr. member
Activity: 434
Merit: 250
Is it possible to make threshold payout at least 0.005? Not 0,001. Miners with slow equipment lose about 10% because of payment fee 0.0001 BTC.

Well, I am 100% sure that the request to LOWER the payout threshold from 0.01, was from miners with slow equipment. So I am not sure you want them to do.
full member
Activity: 263
Merit: 101
La Liberté guidant le peuple
Is it possible to make threshold payout at least 0.005? Not 0,001. Miners with slow equipment lose about 10% because of payment fee 0.0001 BTC.
sr. member
Activity: 434
Merit: 250
again there is no payout today. thats it, I'm off...


Straight from the site as always...adios!


Quote
Apr 30th, 2014 -  Payout delays

Last night's delayed payout was due to an unfortunate combination of brief exchange delays and a minor personal/family medical scare (everyone's fine now, thanks). But, because the delay was longer than expected, we will roll payouts forward to tonight's regular payout time (11pm EST). Sorry for any inconvenience this may have caused people!

So, I thought I would give a brief explaination of why this happens occasionally. Our payout process is not a fully automated system, mostly due to the limitations of the various exchanges we use, but also to ensure a bit of human oversight to the process. This required human touch has benefits and drawbacks, but of course can be more suceptable to whims of fate. If we grow larger, this is an area that will be addressed to ensure more routine payouts, but for now its part of our pool's quirky personallity Wink

For the record, our standard policy in these 'delay' situations is, if the delay is more than ~3 hours, to roll payments forward to the next night, as we did today. This policy is based on preferences from community feedback, but if you have any suggestions please let me know.

Sincerely,
VTMiner

full member
Activity: 219
Merit: 100
again there is no payout today. thats it, I'm off...
member
Activity: 99
Merit: 10
Learn as you go...
I've been mining hear for over a month and honestly it seams like everytime i check the page it says mining CHNCoin like... all of the time.... even though it is not always the most profitable coin. After reading the last few post i'm gonna be trying out wafflepool for a while.

Well...CoinSolver doesn't mine CHNCoin so you must be checking out the wrong site.

That is the problem. Wafflepool has over 50GH/s in power.

Wow I can't believe what an idiot I am. I read this thread title as coincatcher, not solver.
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