Nexious.com WARNING POOL OPERATOR IS NOT PAYING NOR RESPONDING - page 16.

Nexious

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Merit: 100

Nexious.com Admin

Quote from: jsp3cs15 on October 13, 2015, 09:34:20 PM

Guys I'm happy to contribute 1 BTC in trying to help in finding that block so let me know.

I suggest we just donate the funds to Nexious and let him find a trusted member to run the group rental for us.

Hi jsp3cs15,

I have been renting hash here and there to bump up the total, I have also offered a 1 BTC bonus to the first block finder (maybe subsequent blocks also depending on how many miners we attract).
Im open to the idea if anyone wants to donate to rent hash, or they can rent the hash themselves?

You can use the Nexious donation address listed on the website (19w5R3YFLW2Z4ppFwcNEn5AfeS3xhiWaKD) and all proceedings will go towards renting hash, or we can get a trusted escrow or whatever you guys are happy with. Im open to all ideas at this stage to help Nexious grow, but sadly I think the first block has to be found before we attract any bigger miners.

Let me know what you all think

jsp3cs15

newbie

Activity: 13

Merit: 0

Quote from: jonnybravo0311 on October 06, 2015, 01:06:34 PM

Quote from: innerchaos on October 04, 2015, 09:53:04 PM

Quote from: jonnybravo0311 on October 02, 2015, 09:50:06 AM

Unfortunately, if you try to get a bunch of people together to rent hash, you'll all be competing with each other on the rental site. It would be better if you could get a trusted member to run a group rental for you.

Of course, you need to realize that even if you do manage to get five people interested in supporting this pool by throwing 200TH/s at it for 24 hours, you're still not guaranteed a block. In fact, with 1PH/s, your expected time to block is just over 3 days at current difficulty. That's a pretty significant risk for most - a cost of about 1.6BTC to get a 1 in 3 chance of finding a block where your maximum possible payout would be 5BTC.

Please don't misunderstand me, I wish OP the best of luck with the pool and hope it finds a block. Once the pool starts finding blocks, it will start to attract more users (especially if the current users are happy with the pool).

Actually I think your numbers got jumbled a bit... it would take about 1.6 BTC to run 200TH for 24 hours and it would take a whopping 12 BTC to run 1PH for 24 hours

Sorry for the confusing way I wrote that Wink

. The 1.6BTC is per person in the 5 man group the original post suggested. You can rent 1PH/s for 24 hours for 8BTC on NH/WH.

Guys I'm happy to contribute 1 BTC in trying to help in finding that block so let me know.

I suggest we just donate the funds to Nexious and let him find a trusted member to run the group rental for us.

itsnogood

member

Activity: 89

Merit: 10

Quote from: Nexious on October 12, 2015, 12:19:32 AM

Quote from: itsnogood on October 11, 2015, 04:12:14 PM

No, not fixed. Website has same on-going issues.

My browser times out and reports CloudFlare is unable to reach nexious.com. Sad

Is your mining affected also? I have been in touch with cloudflare and it seems all issues are sorted now. Let me know otherwise please.

Working fine or me at the moment.

Edit - Nexious, just sent you a pm.

Thanks for reply.

Nexious

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Activity: 140

Merit: 100

Nexious.com Admin

Quote from: itsnogood on October 11, 2015, 04:12:14 PM

No, not fixed. Website has same on-going issues.

My browser times out and reports CloudFlare is unable to reach noxious.com. Sad

Is your mining affected also? I have been in touch with cloudflare and it seems all issues are sorted now. Let me know otherwise please.

itsnogood

member

Activity: 89

Merit: 10

No, not fixed. Website has same on-going issues.

My browser times out and reports CloudFlare is unable to reach nexious.com. Sad

Nexious

full member

Activity: 140

Merit: 100

Nexious.com Admin

Quote from: itsnogood on October 10, 2015, 03:11:38 PM

More cloud flare problems ? or has the web server burst into flames?

Miners failed over earlier + had a load of BadWork errors. Web front end still down.

Any updates?

Edit - Web front end back up.

Cloudflare issues should be sorted, there was a couple of issues with Bitcoin's mempool which was causing the daemon to use upwards of 8gb of RAM slowing things a little. The issue has been solved, but will be monitoring things closely still.

itsnogood

member

Activity: 89

Merit: 10

Quote from: Nexious on October 10, 2015, 03:08:59 AM

Quote from: itsnogood on October 09, 2015, 06:17:08 PM

Can you give any further info on what upgrades/updates you have done to the pool. Any performance updates that might help us along?

Also.... What on earth is going on with all the errors and funky stats on the web page? its happing again now.

I have upgraded the front end web server, but in the process there were some issues with the way cloud flare caches things which were throwing errors on the front page. Mining was unaffected, unless anyone has had any issues?

More cloud flare problems ? or has the web server burst into flames?

Miners failed over earlier + had a load of BadWork errors. Web front end still down.

Any updates?

Edit - Web front end back up.

Nexious

full member

Activity: 140

Merit: 100

Nexious.com Admin

Quote from: itsnogood on October 09, 2015, 06:17:08 PM

Can you give any further info on what upgrades/updates you have done to the pool. Any performance updates that might help us along?

Also.... What on earth is going on with all the errors and funky stats on the web page? its happing again now.

I have upgraded the front end web server, but in the process there were some issues with the way cloud flare caches things which were throwing errors on the front page. Mining was unaffected, unless anyone has had any issues?

arepageek

newbie

Activity: 1

Merit: 0

Sending some TH there!

itsnogood

member

Activity: 89

Merit: 10

Can you give any further info on what upgrades/updates you have done to the pool. Any performance updates that might help us along?

Also.... What on earth is going on with all the errors and funky stats on the web page? its happing again now.

Nexious

full member

Activity: 140

Merit: 100

Nexious.com Admin

In roughly 8 hours I will be upgrading/updating the pool.

Mining will be effected so please make sure you have a backup pool configured. Estimated down time will be roughly 30 minutes. I will post updates before and after down time

Edit:
~~Server maintenance is now started.~~
Update/Upgrade now complete, mining should be back to normal

Nexious

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Activity: 140

Merit: 100

Nexious.com Admin

Quote from: itsnogood on October 07, 2015, 12:35:51 PM

Server problems?

Sad

Looks like we are still mining though.

Edit-
Stats page a bit messed up.
Wow, jsp3c you are making
2,963,865,600.000 BTC / Day
according to the stats page. lets hope we hit a block now. Grin

Apologies for that, was an error with the routing of the frontpage through cloudflare. Mining shouldn't have been effected.

Should be fixed now

Will keep a close eye on it.

itsnogood

member

Activity: 89

Merit: 10

Server problems?

Sad

Looks like we are still mining though.

Edit-
Stats page a bit messed up.
Wow, jsp3c you are making
2,963,865,600.000 BTC / Day
according to the stats page. lets hope we hit a block now. Grin

jonnybravo0311

legendary

Activity: 1344

Merit: 1023

Mine at Jonny's Pool

Quote from: innerchaos on October 04, 2015, 09:53:04 PM

Quote from: jonnybravo0311 on October 02, 2015, 09:50:06 AM

Unfortunately, if you try to get a bunch of people together to rent hash, you'll all be competing with each other on the rental site. It would be better if you could get a trusted member to run a group rental for you.

Of course, you need to realize that even if you do manage to get five people interested in supporting this pool by throwing 200TH/s at it for 24 hours, you're still not guaranteed a block. In fact, with 1PH/s, your expected time to block is just over 3 days at current difficulty. That's a pretty significant risk for most - a cost of about 1.6BTC to get a 1 in 3 chance of finding a block where your maximum possible payout would be 5BTC.

Please don't misunderstand me, I wish OP the best of luck with the pool and hope it finds a block. Once the pool starts finding blocks, it will start to attract more users (especially if the current users are happy with the pool).

Actually I think your numbers got jumbled a bit... it would take about 1.6 BTC to run 200TH for 24 hours and it would take a whopping 12 BTC to run 1PH for 24 hours

Sorry for the confusing way I wrote that Wink

. The 1.6BTC is per person in the 5 man group the original post suggested. You can rent 1PH/s for 24 hours for 8BTC on NH/WH.

Nexious

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Activity: 140

Merit: 100

Nexious.com Admin

Quote from: gecox22 on October 05, 2015, 06:11:44 PM

Quote from: innerchaos on October 04, 2015, 09:53:04 PM

Quote from: jonnybravo0311 on October 02, 2015, 09:50:06 AM

Unfortunately, if you try to get a bunch of people together to rent hash, you'll all be competing with each other on the rental site. It would be better if you could get a trusted member to run a group rental for you.

Of course, you need to realize that even if you do manage to get five people interested in supporting this pool by throwing 200TH/s at it for 24 hours, you're still not guaranteed a block. In fact, with 1PH/s, your expected time to block is just over 3 days at current difficulty. That's a pretty significant risk for most - a cost of about 1.6BTC to get a 1 in 3 chance of finding a block where your maximum possible payout would be 5BTC.

Please don't misunderstand me, I wish OP the best of luck with the pool and hope it finds a block. Once the pool starts finding blocks, it will start to attract more users (especially if the current users are happy with the pool).

Actually I think your numbers got jumbled a bit... it would take about 1.6 BTC to run 200TH for 24 hours and it would take a whopping 12 BTC to run 1PH for 24 hours

Wow 12 BTC for 1 PH on 24 hours. But what would be the payout if the pool hit a block?

Payout would depend on shares submitted, but with 1PH compared to what is currently hashing you would get a rather reasonable chunk of the block. Unless the block was found near when you started hashing if that makes sense?

gecox22

hero member

Activity: 778

Merit: 515

Quote from: innerchaos on October 04, 2015, 09:53:04 PM

Quote from: jonnybravo0311 on October 02, 2015, 09:50:06 AM

Unfortunately, if you try to get a bunch of people together to rent hash, you'll all be competing with each other on the rental site. It would be better if you could get a trusted member to run a group rental for you.

Of course, you need to realize that even if you do manage to get five people interested in supporting this pool by throwing 200TH/s at it for 24 hours, you're still not guaranteed a block. In fact, with 1PH/s, your expected time to block is just over 3 days at current difficulty. That's a pretty significant risk for most - a cost of about 1.6BTC to get a 1 in 3 chance of finding a block where your maximum possible payout would be 5BTC.

Please don't misunderstand me, I wish OP the best of luck with the pool and hope it finds a block. Once the pool starts finding blocks, it will start to attract more users (especially if the current users are happy with the pool).

Actually I think your numbers got jumbled a bit... it would take about 1.6 BTC to run 200TH for 24 hours and it would take a whopping 12 BTC to run 1PH for 24 hours

Wow 12 BTC for 1 PH on 24 hours. But what would be the payout if the pool hit a block?

spiker777

sr. member

Activity: 1000

Merit: 279

#SWGT CERTIK Audited

12 employees out of 500 it's sad of course
Undecided

Nexious

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Activity: 140

Merit: 100

Nexious.com Admin

Quote from: jonnybravo0311 on October 04, 2015, 10:58:01 AM

Unfortunately, you're right about it being a catch 22. Too many people in this ecosystem have been poisoned by scams, ripoffs, vaporware, etc. It makes for a bunch of very jaded folks who are quicker to lash out at anything new, than to try it.

Bitcoin pools are a hard sell, and you've definitely got your work cut out for you. Giant farms aren't going to throw hash your way because you're an unknown commodity. Hobby miners are wary of giving you any hash because most are barely squeaking by as it is, and the gamble of a new pool that has yet to find a block is simply too much for them to bear.

I wish I had the "killer app" that would make people flock to a new pool. Of course, if I did, I'd probably be implementing it myself Tongue

Sadly that is true, I am working on making things easier and more appealing but the main goal is still the same to help the Bitcoin network. As always I am open to suggestions

innerchaos

full member

Activity: 145

Merit: 100

Quote from: jonnybravo0311 on October 02, 2015, 09:50:06 AM

Unfortunately, if you try to get a bunch of people together to rent hash, you'll all be competing with each other on the rental site. It would be better if you could get a trusted member to run a group rental for you.

Of course, you need to realize that even if you do manage to get five people interested in supporting this pool by throwing 200TH/s at it for 24 hours, you're still not guaranteed a block. In fact, with 1PH/s, your expected time to block is just over 3 days at current difficulty. That's a pretty significant risk for most - a cost of about 1.6BTC to get a 1 in 3 chance of finding a block where your maximum possible payout would be 5BTC.

Please don't misunderstand me, I wish OP the best of luck with the pool and hope it finds a block. Once the pool starts finding blocks, it will start to attract more users (especially if the current users are happy with the pool).

Actually I think your numbers got jumbled a bit... it would take about 1.6 BTC to run 200TH for 24 hours and it would take a whopping 12 BTC to run 1PH for 24 hours

jonnybravo0311

legendary

Activity: 1344

Merit: 1023

Mine at Jonny's Pool

Unfortunately, you're right about it being a catch 22. Too many people in this ecosystem have been poisoned by scams, ripoffs, vaporware, etc. It makes for a bunch of very jaded folks who are quicker to lash out at anything new, than to try it.

Bitcoin pools are a hard sell, and you've definitely got your work cut out for you. Giant farms aren't going to throw hash your way because you're an unknown commodity. Hobby miners are wary of giving you any hash because most are barely squeaking by as it is, and the gamble of a new pool that has yet to find a block is simply too much for them to bear.

I wish I had the "killer app" that would make people flock to a new pool. Of course, if I did, I'd probably be implementing it myself Tongue

Topic: Nexious.com WARNING POOL OPERATOR IS NOT PAYING NOR RESPONDING - page 16. (Read 34876 times)