[POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com - page 168.

dogechode

full member

Activity: 182

Merit: 100

Quote from: comeonalready on March 14, 2014, 10:25:10 PM

Quote from: ak111in on March 14, 2014, 10:06:08 PM

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!

LMAO. As a slight aside, I love it when a pool says NO FEES NO FEES NO FEEEES!!!! Then you sign up and it's like mandatory 1% minimum donation and you can't lower it, and/or they have a much higher withdrawal fee than the upfront fee-charging pools do. I would rather just deal with a pool that tells you up front they charge 1 or 2% and doesn't dick around with you.

xia0mingx

newbie

Activity: 17

Merit: 0

Quote from: ak111in on March 14, 2014, 10:06:08 PM

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

http://www.watcron.com/images/11.png]

Regards

LOL. looks like im gonna delete the app from my phone. thanks for effort anyway

comeonalready

full member

Activity: 168

Merit: 100

Quote from: ak111in on March 14, 2014, 10:06:08 PM

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!

ak111in

full member

Activity: 180

Merit: 1003

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

kache

full member

Activity: 140

Merit: 100

Bored

Quote from: lagster on March 14, 2014, 08:41:09 PM

ghio changed the x2 limit to their current hashrate ) such a shitty promo )

Yeah, they're making fun of miners.
If they had continued with their original promo, many miners might have stayed after the promo was over, but like this they just pissed off people, and nobody will remain once it's done.

lagster

newbie

Activity: 56

Merit: 0

ghio changed the x2 limit to their current hashrate ) such a shitty promo )

wasubii

sr. member

Activity: 448

Merit: 250

Quote from: dogechode on March 14, 2014, 02:55:19 PM

If we wanted to be dicks, we could just keep switching on and off them like every 30 minutes or so (and change up the timing so they can't predict it.) Every time we jam 40 gh up their ass, a ton of miners will bail on them, then when we leave others will come back, and this will continue until people get frustrated and say f this, and go mine somewhere else. We'd essentially rape them into oblivion the way multipools do to new coins with lucrative profit margins.

+1

Haha, love this idea!!

BookofNick

full member

Activity: 318

Merit: 116

As someone who recently switched to WafflePool, I'm glad poolwaffle was on top of this. I'm a small time, 3-card miner, so it doesn't mean a lot of increased payouts for me, but from an "exploit the exploiters" perspective, I applaud you, poolwaffle. You helped derail a shady-ish scheme to gain hashrate.

BTW I love your site and how payouts, etc are set up. This is my first "profit-based" mining experience and I'm really glad I switched over. Keep it up!

comeonalready

full member

Activity: 168

Merit: 100

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.)

zureman90

newbie

Activity: 14

Merit: 0

just an idea: could you add Ghash to the graphs of what we are mining? if it's complicated - don't worry about it, but it'd be neat

sfire

jr. member

Activity: 46

Merit: 10

Quote from: phzi on March 14, 2014, 04:44:14 PM

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%

flounderella

sr. member

Activity: 350

Merit: 250

Bitcoin Evengelist

We are not mining against ghash.io at the moment right? Just asking for my info

phzi

hero member

Activity: 700

Merit: 500

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).

kupan787

full member

Activity: 135

Merit: 100

Quote from: poolwaffle on March 14, 2014, 03:11:40 PM

So for now, we're back to normal mining. I'll keep my eye on it here and there and see if it bumps to 2x, but I'm guessing its unlikely

Quick question. The stats and recently found blocks on the main WafflePool site do not include the ghash.io work, correct? Do we know when we will see that? Do you have a rough approximation of number of blocks we found, and what they payout might be per 1MH/s?

toxic0n

member

Activity: 413

Merit: 10

Quote from: LPCobris on March 14, 2014, 03:24:26 PM

Hi!
Whats the current average of BTC per MH?

LPC

I am getting ~0.0066 for the past 7 days or so.

maxpowerzz92

sr. member

Activity: 249

Merit: 250

Quote from: LPCobris on March 14, 2014, 03:24:26 PM

Hi!
Whats the current average of BTC per MH?

LPC

You just need to look at the the front page. It's not that difficult to find...

http://wafflepool.com/stats

LPCobris

full member

Activity: 129

Merit: 100

Hi!
Whats the current average of BTC per MH?

LPC

poolwaffle

sr. member

Activity: 322

Merit: 254

Quote from: luthan on March 14, 2014, 03:03:01 PM

they are smart kids. they knew this was going to happen. it worked, they got a lot of advertising out of this. but the initial promise wasn't delivered. that to me is a bullshit move, and very hard to respect. let say waffles decided to raise the fee without telling anyone, but just posting it on the site somewhere to "cover more server costs because i didnt expect such traffic". it would be shady, simple as that.

Yep, as shitty as it is to pull the deal (or at least, just keep tweaking it), they're going to have a very large LTC pool at the end of it. Their frontend is great, I've used them before, and they're definitely a decent pool. That said, it sucks to be dicked around

When they switched the 40GHs -> 25GHs (maybe 45-60min ago?) I turned off our proxying. At 2x is pretty worth (if they drop that low, we can talk about it again), at 1.25x the profit is only _marginally_ better than what we do when you account for rejects and the headache of constantly turning on/off, and trying to figure out the payment situation. Essentially the slight bump in profit (a few percent) isn't worth the headache to deal with having to constantly watch it (and run a shitty proxy that was built in 3 hours on no sleep!)

So for now, we're back to normal mining. I'll keep my eye on it here and there and see if it bumps to 2x, but I'm guessing its unlikely

luthan

member

Activity: 94

Merit: 10

Quote from: flatline on March 14, 2014, 02:50:10 PM

you don't post an ad for a sale for 50% off and when people enter the store tell them "oh fuck you, its actually 25% off". unless you are scummy ass car dealer of course. and that's what this feels like. fuckem

They're giving away free money -- a fair amount of it. On the one hand they shouldn't be surprised that people take as much as possible, so boo on them for not anticipating this. On the other hand I can't really hold it against them for not wanting to pay out huge sums to a pool that will 100% guaranteed move away once the offer is done. They could have just pulled the offer, or blocked wafflepool's IP address, but it seems like they are trying to manage the situation without resorting to that, so I've got to give them some kudos.

And to someone's previous point, the site is nice, I still have a more positive impression of ghash.io than I did when this thing started (only heard of them in re 50%+1 attack on bitcoin and double-spending attacks).
[/quote]

they are smart kids. they knew this was going to happen. it worked, they got a lot of advertising out of this. but the initial promise wasn't delivered. that to me is a bullshit move, and very hard to respect. let say waffles decided to raise the fee without telling anyone, but just posting it on the site somewhere to "cover more server costs because i didnt expect such traffic". it would be shady, simple as that.

dogechode

full member

Activity: 182

Merit: 100

If we wanted to be dicks, we could just keep switching on and off them like every 30 minutes or so (and change up the timing so they can't predict it.) Every time we jam 40 gh up their ass, a ton of miners will bail on them, then when we leave others will come back, and this will continue until people get frustrated and say f this, and go mine somewhere else. We'd essentially rape them into oblivion the way multipools do to new coins with lucrative profit margins.

Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com - page 168. (Read 465769 times)