Hi,
We are going overr the numbers again to be sure.
There is a problem with litecoid, it is crashing regularly. we are logging to try identify the issue and sort out some auto restart (bitcoind has a similar issue)
Topic: Ozcoin Litecoin DGM/PPS - page 12. (Read 36607 times)
Ozcoin Pooled Mining Pty Ltd has been mining Bitcoin since 7 June 2011
An established and experienced pool, we looked into Litecoin and we decided to setup https://lc.ozco.in to give Litecoin miners everywhere a great experience.
The litecoin pool is on dedicated hardware hosted in USA
(we are aware of the SSL certificate issue, currently moving to Cloudflare)
Running at
Pool Hash Rate 859 Khash/s
Pool Efficiency 99.09%
and have solved 147LTC blocks in our 1st 24 hours
Current features:
0fee pool.
Transaction fees included with blocks will be paid out.
Payout will occur after 120 confirmations.
Hourly auto payout script
Manual payout is available at a fee of 2%,
Email on payout. coming soon
Offering proportional payment. (proportional payout) = (user shares) / (total shares) * (50LTC+txn fees)
Long polling enabled .
Genuine low stales.
Web based irc client for instant support.
Extensive info on stats page and more to come.
SSL implemented .
Email notification of idle miners available for 1% donation. coming soon
Donations welcome - default setting 0%
Looking forward to seeing more miners sharing the coins at Ozcoin,
Best Wishes,
Graeme Tee
Managing Director,
Ozcoin Pooled Mining Pty Ltd
Bitcoin Pool thread https://bitcointalksearch.org/topic/0thozcoin-pooled-mining-dgm-1stratumvardiff-port-80new-cn-mining-14085
Hi Great,An established and experienced pool, we looked into Litecoin and we decided to setup https://lc.ozco.in to give Litecoin miners everywhere a great experience.
The litecoin pool is on dedicated hardware hosted in USA
(we are aware of the SSL certificate issue, currently moving to Cloudflare)
Running at
Pool Hash Rate 859 Khash/s
Pool Efficiency 99.09%
and have solved 147LTC blocks in our 1st 24 hours
Current features:
0fee pool.
Transaction fees included with blocks will be paid out.
Payout will occur after 120 confirmations.
Hourly auto payout script
Manual payout is available at a fee of 2%,
Offering proportional payment. (proportional payout) = (user shares) / (total shares) * (50LTC+txn fees)
Long polling enabled .
Genuine low stales.
Web based irc client for instant support.
Extensive info on stats page and more to come.
SSL implemented .
Donations welcome - default setting 0%
Looking forward to seeing more miners sharing the coins at Ozcoin,
Best Wishes,
Graeme Tee
Managing Director,
Ozcoin Pooled Mining Pty Ltd
Bitcoin Pool thread https://bitcointalksearch.org/topic/0thozcoin-pooled-mining-dgm-1stratumvardiff-port-80new-cn-mining-14085
Been mining on your pool for ~ 24 hours now. Some observations: your stats seem to update really slow and the payout seems a lot lower than Altchains. Is this just bad luck or is something wrong ? (I threw ~ 10 khash/s at Altchains and have been receiving higher payout than with the 20 khash/s I am throwing at your pool ?)
Also; you should do a search and replace for Mhash/s --> khash/s
Update;
Seems to be completely down now !
Fatal error: Uncaught BitcoinClientException:
- : Connect error: Connection refused (111) thrown in on line 0
Update: and it's back already. (unlike Altchains)
hi 3phase,
My understanding is most LTC pools are running at 20, we are set at 16.
We will propably be implementing NMC BTC merged mining soon, but it is a different kettle of fish to setting up up a seperate pool like the LTC pool.
I have been watching the CPU mining chains and I do think there is a place for a "silver to Bitcoin's gold", I like that there is no pre-mine, is an open source project and everyone with a cpu can participate. Good for miners and pool ops alike
I have had a coder asking to help for a while and as a test I asked him to set us up a LTC pool as a learning excercise and to show us his skills.
ryannathans with some help and supervision from Wayno and Ycros has done us proud
Great work ryan
Thanks for the kind words
Graet
My understanding is most LTC pools are running at 20, we are set at 16.
We will propably be implementing NMC BTC merged mining soon, but it is a different kettle of fish to setting up up a seperate pool like the LTC pool.
I have been watching the CPU mining chains and I do think there is a place for a "silver to Bitcoin's gold", I like that there is no pre-mine, is an open source project and everyone with a cpu can participate. Good for miners and pool ops alike
I have had a coder asking to help for a while and as a test I asked him to set us up a LTC pool as a learning excercise and to show us his skills.
ryannathans with some help and supervision from Wayno and Ycros has done us proud
Great work ryan
Thanks for the kind words
Graet
Can I also add what a really nice guy the Litecoin Developer Coblee is? Professional and Helpful?
seconded! and he's mining at ozco, must be a good sign!
hi 3phase,
My understanding is most LTC pools are running at 20, we are set at 16.
We will propably be implementing NMC BTC merged mining soon, but it is a different kettle of fish to setting up up a seperate pool like the LTC pool.
I have been watching the CPU mining chains and I do think there is a place for a "silver to Bitcoin's gold", I like that there is no pre-mine, is an open source project and everyone with a cpu can participate. Good for miners and pool ops alike
I have had a coder asking to help for a while and as a test I asked him to set us up a LTC pool as a learning excercise and to show us his skills.
ryannathans with some help and supervision from Wayno and Ycros has done us proud
Great work ryan
Thanks for the kind words
Graet
My understanding is most LTC pools are running at 20, we are set at 16.
We will propably be implementing NMC BTC merged mining soon, but it is a different kettle of fish to setting up up a seperate pool like the LTC pool.
I have been watching the CPU mining chains and I do think there is a place for a "silver to Bitcoin's gold", I like that there is no pre-mine, is an open source project and everyone with a cpu can participate. Good for miners and pool ops alike
I have had a coder asking to help for a while and as a test I asked him to set us up a LTC pool as a learning excercise and to show us his skills.
ryannathans with some help and supervision from Wayno and Ycros has done us proud
Great work ryan
Thanks for the kind words
Graet
Thanks Graet,
Could you please let us know what is the difficulty of the target that the pool provides as work? I understand that you need to put a low target for enough shares to be generated during a block, just wondering what the implied difficulty is.
In my eyes, you're ahead of the pack of pool operators. While everybody was debating about merged mining with namecoins (which is old news now), you're taking a bet in a completely uncharted direction. Congrats for this !
Could you please let us know what is the difficulty of the target that the pool provides as work? I understand that you need to put a low target for enough shares to be generated during a block, just wondering what the implied difficulty is.
In my eyes, you're ahead of the pack of pool operators
. While everybody was debating about merged mining with namecoins (which is old news now), you're taking a bet in a completely uncharted direction. Congrats for this !
Proportional pool closed, new DGM/PPS pool open see https://bitcointalksearch.org/topic/m.1487778
Ozcoin Pooled Mining Pty Ltd has been mining Bitcoin since 7 June 2011
An established and experienced pool, we looked into Litecoin and we decided to setup https://lc.ozcoin.net to give Litecoin miners everywhere a great experience.
The litecoin pool is on dedicated hardware hosted in USA
Current features:
2% fee DGM 4% fee PPS pool.
Transaction fees included with blocks will be paid out.
Payout will occur after 120 confirmations.
Free half hourly auto payout script
Users able to change payout adresses
Long polling enabled
Web based irc client for instant support.
Extensive info on stats page.
SSL implemented - changing over
Email notification of idle miners available for 1% donation.
SSL Enabled
Donations welcome - default setting 0%
Users able to delete account
User hashrate graphs
API
Looking forward to seeing more miners sharing the coins at Ozcoin,
Best Wishes,
Graeme Tee
Managing Director,
Ozcoin Pooled Mining Pty Ltd
Bitcoin Pool thread https://bitcointalksearch.org/topic/0thozcoin-pooled-mining-dgm-1stratumvardiff-port-80new-cn-mining-14085
Ozcoin Pooled Mining Pty Ltd has been mining Bitcoin since 7 June 2011
An established and experienced pool, we looked into Litecoin and we decided to setup https://lc.ozcoin.net to give Litecoin miners everywhere a great experience.
The litecoin pool is on dedicated hardware hosted in USA
Current features:
2% fee DGM 4% fee PPS pool.
Transaction fees included with blocks will be paid out.
Payout will occur after 120 confirmations.
Free half hourly auto payout script
Users able to change payout adresses
Long polling enabled
Web based irc client for instant support.
Extensive info on stats page.
SSL implemented - changing over
Email notification of idle miners available for 1% donation.
SSL Enabled
Donations welcome - default setting 0%
Users able to delete account
User hashrate graphs
API
Looking forward to seeing more miners sharing the coins at Ozcoin,
Best Wishes,
Graeme Tee
Managing Director,
Ozcoin Pooled Mining Pty Ltd
Bitcoin Pool thread https://bitcointalksearch.org/topic/0thozcoin-pooled-mining-dgm-1stratumvardiff-port-80new-cn-mining-14085
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