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Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com - page 167. (Read 465716 times)

member
Activity: 70
Merit: 10
Wil: Your WaffleStats page is broken.

Graph has no new data for many hours.

Try http://www.watcron.com/wafflepool/  Smiley

That link does not help my problem with the real wafflestats page.
full member
Activity: 180
Merit: 1003
Wil: Your WaffleStats page is broken.

Graph has no new data for many hours.

Try http://www.watcron.com/wafflepool/  Smiley
member
Activity: 70
Merit: 10
Wil: Your WaffleStats page is broken.

Graph has no new data for many hours.
newbie
Activity: 26
Merit: 0
Is it time to up the shift shares again?  It looks to be closer to 1 min than 10 min.
full member
Activity: 210
Merit: 100
The good old days are gone.  The only thing that will raise prices again are gpu miners dropping out due to not being able to cover their cost of electricity, but only if they are not even more quickly replaced by others investing in asics such as gridseed and whatever supplants them.

Get in the front of the line to sell your equipment if that is what you need to do, but the prices for gpus are already falling too!

yep, mine are going up on eBay tonight, 1 week listing, will take what I can get for it and write it off as a bad investment.
I have an ASIC on order from Alpha Tec, 25MH/s, but by the time that arrives, it will be out of date no doubt, and more money down the drain Sad
member
Activity: 93
Merit: 10
The good old days are gone.  The only thing that will raise prices again are gpu miners dropping out due to not being able to cover their cost of electricity, but only if they are not even more quickly replaced by others investing in asics such as gridseed and whatever supplants them.

Get in the front of the line to sell your equipment if that is what you need to do, but the prices for gpus are already falling too!

Or perhaps PayPal will decide to use Bitcoin (and Altcoins) and at least prices will go up. In this case low profitability at Waffle is somehow compensated.
full member
Activity: 168
Merit: 100
The good old days are gone.  The only thing that will raise prices again are gpu miners dropping out due to not being able to cover their cost of electricity, but only if they are not even more quickly replaced by others investing in asics such as gridseed and whatever supplants them.

Get in the front of the line to sell your equipment if that is what you need to do, but the prices for gpus are already falling too!
member
Activity: 93
Merit: 10
I think all the profit switching pools have had a decline in the last week or so, it's a bit disheartening seeing my 8 GPU's barely cover their electricity costs, let alone getting any return on my investment, but I guess that's just the way the Altcoin market has gone lately, if you check Coinwarz, the top 3 coins are usually taking between 23-28 days to generate a Bitcoin with my 5.5 MH/s, which is what I was being predicted for 1.4 MH/s a little under 2 months ago, seems that the diff has risen on most of the coins, due to more miners, so there is less to go round, guess it won't really get any better unless miners leave, Altcoin prices drastically increase, or, as you say, people start trading coins and playing the highs & lows game.

Well, miners won't go away, that's for sure. Altcoin prices *ARE* going up:

http://bitcoinwisdom.com/markets/btce/ltceur

(pls. switch to 12h view, to better note the trend) - but around 12 € per LTC - that's on the low side in any case. It used to be 30 € / LTC.

But, for example Litecoins are directly tradeable for Euros, so instead of selling them for BTCs (any paying fees) - direct payment to me would be feasible. That would convert profit switching pool to LTC pool - but essentialy - DOGEs could also be traded for LTCs.

What matters is - to releave the pressure ALT -> BTC.
full member
Activity: 210
Merit: 100
I think all the profit switching pools have had a decline in the last week or so, it's a bit disheartening seeing my 8 GPU's barely cover their electricity costs, let alone getting any return on my investment, but I guess that's just the way the Altcoin market has gone lately, if you check Coinwarz, the top 3 coins are usually taking between 23-28 days to generate a Bitcoin with my 5.5 MH/s, which is what I was being predicted for 1.4 MH/s a little under 2 months ago, seems that the diff has risen on most of the coins, due to more miners, so there is less to go round, guess it won't really get any better unless miners leave, Altcoin prices drastically increase, or, as you say, people start trading coins and playing the highs & lows game.
member
Activity: 93
Merit: 10

Happened about a month ago (was mentioned here a few times).  Our switcher crashed after switching to luckycoin when we were still a pretty small pool (5GH?) and left about 1-2GH pointed on luckycoin overnight until I restarted it.  It was hardly an attack, it was just regular mining for an extended period of time.  Luckycoin users got pissed that people mined "their" coin essentially.

Thanks for your answer. This is kinda weird, but as most Scrypt-based coins are more or less Litecoin clones - they try to differentiate somehow. Either with the story or algos implemented. It seems you came to their story - wo/ invitation.

Now, the second, more important question...

Have you considered what tricks can be done, to raise profits somehow? From 0.17 BTC/MH/day we fell to barely 0.005 BTC/MH/day.

What comes to my mind is:
a) trade coins a bit to make some additional profits
b) do payouts (also) in LTC (to lower the pressure on dumping coins for BTCs)
c) do some arbitrage trading - to raise profits....

Or you'll stick with pooling?

What do you think?

For plans a) or c) perhaps this is not your core - but plan b) is feasible, don't you think so?


sr. member
Activity: 322
Merit: 254

Happened about a month ago (was mentioned here a few times).  Our switcher crashed after switching to luckycoin when we were still a pretty small pool (5GH?) and left about 1-2GH pointed on luckycoin overnight until I restarted it.  It was hardly an attack, it was just regular mining for an extended period of time.  Luckycoin users got pissed that people mined "their" coin essentially.
sr. member
Activity: 322
Merit: 254
What is the current mintcoin situation?  Is it still stuck in the wallet over at coinmarket?  Are they not honoring your request to withdraw it and trade at cryptsy instead?  (I only ask because the site appears to be up at the moment.)

Still stuck.  I've got a withdrawal from Feb 25th that still hasn't gone through. My guess is if I hadn't requested it then (and it broken when I requested), I'd be able to request it now just fine, but I have no basis for that.  I've contacted him a few times (IRC), with no luck.  I'll try again today.  Here are the details of the withdrawal:
Tue Feb 25 2014 10:23:31   46037357.007728   MINT   [ip removed]   confirmed

Its been confirmed on my end (email confirmation), and normally would be given a network transaction id (mintcoin txn), but it doesn't have one.
full member
Activity: 180
Merit: 1003


IMP: Donations are now mandatory, only the address from which donation has been sent will be supported from 18 Mar.
BTC address: 1MrEdZWv5HqE7kJf2jAnYLF9LYGBDM11Zv


Regards

If its mandatory it is not really donations anymore now is it!? Wink just tell it upfront its not for free anymore, "mandatory donations" sounds cheasy. . ..

Well I intended to allow the user to decide what the app is worth to him and pay accordingly, but seems it was a bad idea, anyways I will make it a paid app with fixed fee to be paid to register each address from 18 Mar.
sr. member
Activity: 374
Merit: 250


IMP: Donations are now mandatory, only the address from which donation has been sent will be supported from 18 Mar.
BTC address: 1MrEdZWv5HqE7kJf2jAnYLF9LYGBDM11Zv


Regards

If its mandatory it is not really donations anymore now is it!? Wink just tell it upfront its not for free anymore, "mandatory donations" sounds cheasy. . ..
newbie
Activity: 55
Merit: 0
I wonder if it would be possible to reverse the confirmed and unconfirmed?  I know that the current looks much nicer but it can give an incorrect view of when a payment could be possible - stacking the confirmed on top of the unconfirmed hides the point at which you actually cross the payment threshold.  If the stack was the other way around the lower line (confirmed) would cross the threshold line when you could actually be paid.  This would still show the "total" but might not be as pretty.

Great job by the way Smiley

Miles

Good idea. I'll definitely take a look at it and give it a shot. :-)
Just a quick heads up - when looking at your summary page on my android phone some of the payment data points are out in November which makes the chart rather squashed up!
http://i59.tinypic.com/2d8iauh.jpg
Hope this helps Smiley
Miles
newbie
Activity: 7
Merit: 0
Something wrong on EU server? 0 found blocks for a while now.
newbie
Activity: 57
Merit: 0
Wafflepool Monitor[https://bitcointalk.org/index.php?topic=508017.0]
https://play.google.com/store/apps/details?id=com.watcron.wafflepoolmonitor

Update 1.1.0
Graphs added.
Worker stats added.

IMP: Donations are now mandatory, only the address from which donation has been sent will be supported from 18 Mar.
BTC address: 1MrEdZWv5HqE7kJf2jAnYLF9LYGBDM11Zv



If you stick around here long enough, you will eventually hear it all.  Mandatory donations!  Oxymoronic at best!  Are you originally from North Korea?

There is no shame in wanting to be compensated for your work and expenses.  Own up to it!




same shitty middlecoin monitor with new clothes. But ak111in's behaviour has been just carried over. I had him on ignore in mc, glad I renewed it.
newbie
Activity: 42
Merit: 0
GHash.IO is back under 25GH/s now, and back to a 2x multiplier.

After watching the reward multiplier for a bit, this is definite:
- GHash.IO uses PPLNS where N covers the last 10 shifts.
- Reward multiplier is determined by the pool's average speed during the PREVIOUS round.

So, possibly a good strategy right now (until they change the rules again):
- Throw all of our WafflePool's hashing power at GHash for brief periods; rack up the share percentage in one round, and then cut everything when they switch rounds again.
- If we did this for one shift every 5 or 10 shifts, we could possibly  get paid out at 2x for the majority of rounds (as long as nobody else starts doing this).



It's too dangerous.
They are man, no coin.
Anyway, GHash will overtake 25G forever in a few hours. I was only 1G left in it.

When "Current multiplier"=x2, profit is 145%, not 200%(less block then expect)
So when "Current multiplier"=x1.25, profit will be 90.63%

Hey sfire, could you post a pic or two how does multi-ghs scrypt mining facility looks from inside? Grin
newbie
Activity: 42
Merit: 0
Wafflepool Monitor[https://bitcointalk.org/index.php?topic=508017.0]
https://play.google.com/store/apps/details?id=com.watcron.wafflepoolmonitor

Update 1.1.0
Graphs added.
Worker stats added.

IMP: Donations are now mandatory, only the address from which donation has been sent will be supported from 18 Mar.
BTC address: 1MrEdZWv5HqE7kJf2jAnYLF9LYGBDM11Zv



Regards

Yeah time to remove the app.
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