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Topic: [POOL CLOSED] BoostPool.com - Groestlcoin payouts (Read 13216 times)

sr. member
Activity: 266
Merit: 250
Hi guys!

You might have noticed that boostpool.com became not very profitable a few weeks ago.
I was hoping that the situation would improve, but it does not.
What's worse, is that one of the coins that boostpool is mining is hardforking on the 8th of December and reducing block reward.

boostpool can only mine groestl based coins, and there are not many of those to choose from.
So now it is more profitable to mine groestlcoin directly.

With this in mind, we came to a decision to close boostpool.com from the 8th of December.

Groestl miners: we're working on creating a similar multipool with groestlcoin payouts based on other multipool technology. You'll be adviced once we have it working. The expectation is that it will give you more GRS and use less power on your videocards.

BTC miners: please see poolpicker.eu for comparison of multipools.

Note: if you are interested in constantly buying GRS for payouts on the new groestlcoin multipool, please contact me. We're looking for a person who will regularly buy GRS on the mined BTC. You need to spend about 15 minutes of your time on this every day.

Thank you all for your business!

srcxxx
sr. member
Activity: 266
Merit: 250
GRS payouts will be processed as soon as Poloniex is back online. https://twitter.com/Poloniex

Update: GRS payouts have been paid out.
sr. member
Activity: 266
Merit: 250
Hi guys!

It is difficult times for all altcoins now.
Of course I want you to mine on my pool, but I don't want to fool you either.
Check profitability of mining on this pool and make your own decisions.

PS: You can mine with your BTC address if you want. Payouts are about 0.001 BTC / MHS. Used to be 0.002 just a few days ago...

Thanks
srcxxx
sr. member
Activity: 266
Merit: 250
BTC payouts will be delayed for a couple of hours (my MacBook has broken down and I'm downloading BTC blockchain onto another PC). Sorry for inconvenience.

Update: all BTC payouts have been sent
sr. member
Activity: 266
Merit: 250
Hi,

Do you still believe in GRS ? Tongue
I'm not really confident...

See you

No worries. Thank you for your contribution. Good luck.
member
Activity: 100
Merit: 10
Hi,

Do you still believe in GRS ? Tongue
I'm not really confident...

See you
sr. member
Activity: 266
Merit: 250
Stay away from MintPal.

I cancelled a 0.3 BTC order and the cancelled BTC did not return to my account. Created a ticket 3 days ago, no reply.
Checked today, could see my 0.3 BTC. Requested withdrawal to poloniex. Got withdrawal confirmation email in about 30 minutes. Confirmed. Checked mintpal again and see this:



Now mintpal even does not show these 0.3BTC in my balance. WTF?

PS: As per my tweet, I'm now only dealing with GRS on poloniex now.

Thanks
srcxxx
sr. member
Activity: 266
Merit: 250
When I download the miner the bat file did not work thinking it was because there was no sgminer.exe i put one in the directory but when i did that the miner opened it was rejecting everything 100% why is this happening and why is there no exe in there in the first place?

Hi!

I just downloaded https://github.com/BoostPool/boost-sgminer/releases/download/1.5.0/boost-sgminer1_5_0.zip and there is sgminer.exe in there (1,155,086 bytes).

As for why you have 100% rejects - I'm not sure. Where did you get the sgminer.exe from?

Try re-downloading. Perhaps your antivirus is falsely detecting a problem and putting .exe into quarantine or something like that.

If this does not help - post screenshot of your sgminer and your bat file either here or PM me.

Thanks
newbie
Activity: 2
Merit: 0
When I download the miner the bat file did not work thinking it was because there was no sgminer.exe i put one in the directory but when i did that the miner opened it was rejecting everything 100% why is this happening and why is there no exe in there in the first place?
sr. member
Activity: 266
Merit: 250
Hi,

I didn't catch your twit... why do you request GRS coins for payouts if we mine GRS and that 3.5% are for GRS purpose ?!

Thx

Hi!

No, we are not mining GRS. We are mining other coins, exchanging them for BTC, then exchanging BTC into GRS and then doing the payouts.

This creates upward trend on the price, because the daily payouts for boostpool are about 50,000 GRS. While total volume of all mined GRS per day is 24*60*21.7186 = 31274.784.

Also, this makes GRS one of the most profitable coins to mine.

Thanks
member
Activity: 100
Merit: 10
Hi,

I didn't catch your twit... why do you request GRS coins for payouts if we mine GRS and that 3.5% are for GRS purpose ?!

Thx
sr. member
Activity: 266
Merit: 250
on groestl difficulty decreased, it is time to increase the payout!

Please try mining groestl directly at groestlcoin.biz. It is 0% fee.
One R9 290 there should give you approximately 600 GRS per day. See stats here: http://groestlcoin.biz/workers (counting R9 290 = 25 MHS)
On this pool, one R9 290 will give you about 750 GRS.

PS: Diff decreased because some miners did not move from cryptohunger.com when I disconnected it recently.

Thanks
full member
Activity: 151
Merit: 100
on groestl difficulty decreased, it is time to increase the payout!
sr. member
Activity: 342
Merit: 250
you can choose either GRS or BTC payout

for GRS payout, the payout scheme is different, srcxxx calls it pay per speed (PPS)
he posts the price for each 1Mh speed on twitter
currently it is 750 PPS
so if your miner hashes at 1 Mhs and you mine for a day you would get 750 GRS
last price of GRS in mintpal as of writing is 0.00000346
750 GRS * 0.00000346 BTC = 0.002595 BTC for 1Mhs

That is weird, do I get more if I change my payout from BTC to GRS?

it depends, crypto price is very volatile
GRS price is now down to .00000222 BTC
but if you are willing to hold GRS and wait for better prices then it may be better to have GRS payout
sr. member
Activity: 266
Merit: 250
> I am using boost-sgminer 1.5 but can I use  --failover-only -o stratum+tcp://optimizedpool.com:3333 -u YOURGRSWALLET instead?
Yes. They both point to the same physical machine anyways.
sr. member
Activity: 286
Merit: 250
I'm afraid that more than a half of miners don't have backup pool specified. Please set it up.

If you are using grs-sgminer 1.4:
--failover-only -o stratum+tcp://optimizedpool.com:3333 -u YOURGRSWALLET -p [email protected]

If you are using boost-sgminer 1.5:
--failover-only -o stratum+tcp://ny1.boostpool.com:3333 -u YOURGRSWALLET -p [email protected]

Having backup server specified is really important for uninterrupted mining.

Thanks

I am using boost-sgminer 1.5 but can I use  --failover-only -o stratum+tcp://optimizedpool.com:3333 -u YOURGRSWALLET instead?
sr. member
Activity: 266
Merit: 250
I'm afraid that more than a half of miners don't have backup pool specified. Please set it up.

If you are using grs-sgminer 1.4:
--failover-only -o stratum+tcp://optimizedpool.com:3333 -u YOURGRSWALLET -p [email protected]

If you are using boost-sgminer 1.5:
--failover-only -o stratum+tcp://ny1.boostpool.com:3333 -u YOURGRSWALLET -p [email protected]

Having backup server specified is really important for uninterrupted mining.

Thanks
member
Activity: 116
Merit: 10
Sorry I don't want to troll but people are really still mining scrypt with GPU?  Shocked
You guys are really brave.

grs-sgminer displays in scrypt hashrate but the optimized kernels are groestl and myr-groestl
boostpool is mining the most profitable coins using groestl and myr-groestl algo
it just uses scrypt display speed to make it easier to compare in profitability websites

thats my understanding

ah ok cool. Thanks for the clarification. But I got GRS in return right ?

you can choose either GRS or BTC payout

for GRS payout, the payout scheme is different, srcxxx calls it pay per speed (PPS)
he posts the price for each 1Mh speed on twitter
currently it is 750 PPS
so if your miner hashes at 1 Mhs and you mine for a day you would get 750 GRS
last price of GRS in mintpal as of writing is 0.00000346
750 GRS * 0.00000346 BTC = 0.002595 BTC for 1Mhs

That is weird, do I get more if I change my payout from BTC to GRS?
sr. member
Activity: 342
Merit: 250
Sorry I don't want to troll but people are really still mining scrypt with GPU?  Shocked
You guys are really brave.

grs-sgminer displays in scrypt hashrate but the optimized kernels are groestl and myr-groestl
boostpool is mining the most profitable coins using groestl and myr-groestl algo
it just uses scrypt display speed to make it easier to compare in profitability websites

thats my understanding

ah ok cool. Thanks for the clarification. But I got GRS in return right ?

you can choose either GRS or BTC payout

for GRS payout, the payout scheme is different, srcxxx calls it pay per speed (PPS)
he posts the price for each 1Mh speed on twitter
currently it is 750 PPS
so if your miner hashes at 1 Mhs and you mine for a day you would get 750 GRS
last price of GRS in mintpal as of writing is 0.00000346
750 GRS * 0.00000346 BTC = 0.002595 BTC for 1Mhs
hero member
Activity: 938
Merit: 1000
Sorry I don't want to troll but people are really still mining scrypt with GPU?  Shocked
You guys are really brave.

grs-sgminer displays in scrypt hashrate but the optimized kernels are groestl and myr-groestl
boostpool is mining the most profitable coins using groestl and myr-groestl algo
it just uses scrypt display speed to make it easier to compare in profitability websites

thats my understanding

ah ok cool. Thanks for the clarification. But I got GRS in return right ?
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