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Topic: [Scrypt - Scrypt-N -X11] [40 coins] ** Coinmine.pw ** [Simple and effective] - page 30. (Read 62280 times)

sr. member
Activity: 294
Merit: 250
I think it's now too late to mine MINT. PoW payout is now fixed to 1.00 per block. You may want to remove that coin or at least re-calculate the profitability with the new value (currently wrongly estimated at 62500 according to your webpage).


And thank you for MYR, the price is going up right now!
sr. member
Activity: 336
Merit: 254
CoinMine.pw
We have above 1Gh already and I have decided to add DOGE coin back for mining.
Due this, it's possible what our profitability will fall down (because we will not find any blocks) or will be higher if we find blocks. Smiley

Also Myriad (MYR) added as Scrypt coin
sr. member
Activity: 336
Merit: 254
CoinMine.pw
Sorry don't have time to monitor this thread.
2 coin-man: Yes, it's like 26 regular pools in one. If you don't want to mine all coins, make your coin set or mine one coin you like.

2 asdosoasd: I will implement some autosell next week. But my pool usually use peoples who love to trade coins. Some time this peoples get more profit from trading, than mining.

2 scryptrunner11: I show you REAL effective hashrates based at your sanded shares last 10 minutes. And it's will be really volatile, depending fro coins we mine. Our pool switch coins very often, because we don't mine coins. We always mine BEST BLOCK from all 35 coins mined here. Just check what your workers makes some work last 24 hours and don't fall to zero.

2 DarkHunter04: Yesterday I have to make some changes in servers and pool was restarted several times. Another days we don't have no one downtime without any failover servers last month.

2 kafka131: I suppose, you already get needed information about user interface and how to use it in IRC-chat.

PS: You can find me usually in IRC-Support-Chat #coinminepw at freenode.net
newbie
Activity: 1
Merit: 0
Hello

I have been mining for 24 hours. And i decide after that to cash out my earned coins.
But i am nervous now because it already passed 6 hours and not a single coins sent to the address i provided from the exchanger.
I have tried with sending mail to the owner of the mulitpool and still no answer. So please tell me if this is worth mining or not. If there is a lag between sending coins to to exchanger or are there some special rules for minimum and maximum of coins that must be transfered?

thanks and i am waiting for fast reaction.
member
Activity: 126
Merit: 11
whats going on with pool? every hour disconnect from pool - and im not alone, pool hashrate decrease significantly
newbie
Activity: 4
Merit: 0
Why is hash rate so volatile on this pool?
I have a 2.9 MH/S rig yet, for hours on end, I'm sitting at 2 MH/s.
I will rarely hit 2.9 range but then it will dip down again to 2MH/s or below for hours on end.

I understand coin switching logic but I have utilized many coin switching sites (Clevermining, middlecoin, ltcrabbit) and have never experienced such volatility before.
Since my rig and hash is stable at other sites, I'm fairly positivie this is not my rig.
Also, I've been using coinmine since the hash rate was 200-300kh/s and it worked fine in the beginning.

My profitability is hurting Sad
It's to the point that, I may be better off using a pool with lower profitability that keeps my hash constant.
I'd really like to stay with Coinmine but, if this keeps up, I'll probably have to go elsewhere...
Any ideas?

member
Activity: 92
Merit: 10
when you auto-switch ALTcoin with BTC?
newbie
Activity: 39
Merit: 0
just trying this out

do i need to enter in all them wallet addresses?  Shocked
newbie
Activity: 1
Merit: 0
Hello everyone

Just started mining and this is the first pool I have ever used. Very happy with it.

I made a mistake and put an incorrect wallet payout address for REDDcoin. The address I entered was for REDcoin.

What happens in these situations? Have the coins been lost?

member
Activity: 126
Merit: 11
aww love this pool!

And I like the daily updates - and the chance to vote for coins. Great pool and I hope it will get more hashrate.
newbie
Activity: 11
Merit: 0
About that hashrate thing, just checking if this is normal or should I adjust some settings (like scantime/expiry which are now 7/28).

Doing extremely stable 6,5Mh/s for over 1 week now, rejected 0.0% HW 0 etc., but this is how my hash rate graph looks in coinmine.pw:
http://i3.aijaa.com/t/00225/13098572.t.jpg

You already told the estimate is only an estimate, but this rather unstable graph makes me wonder.

This is one of your workers estimated hashrate graph and total hashrate for two workers is 6.5Mh? If it's your estimate graph for 6.5Mh it looks low for me. Now is usual median value about 10% lower than hashrate shown in cgminer. I'll add coefficient 10% up for all to get better estimation.

If you worries about this graph wavy, it's quite normal. We mine different coins with different block time. And if coin have quick block target time - you need to restart your works more often (we mine this coins when difficulty becomes lower, so block time become even less). This leads to less work effectiveness.

I have now new switching algorithm, that takes block target time to calculation and we mine this coins if profitability really worth it.
 

This graph is for one worker, that includes 2 mining rigs totaling around 5000Mh. I wonder why it goes down for 2-3 hours sometimes? That can't be from the coin switching.

My other worker is running 1 rig at 1500Mh and that graph is usually straight.

Maybe it has something to do with 2 rigs pointed to 1 worker, should I do separate workers for each rig instead? Usually I do this but your instructions told that 2 can be pointed to one.
sr. member
Activity: 336
Merit: 254
CoinMine.pw
Second: I have plans to create exchanger service for my pool. Not just copy-paste crappy exchanger what another do, I have several innovative ideas.
I was professional stock trader about 10 years and it's just ridiculous to see this "exchangers"...
When this exchanger will be released it will work with pool together and make auto-sell for pool users.
Sound great!
But please, prioritize security. Get help to make sure that your code is 100% safe. You heard about Gox, CoinMarket, Poloniex, ... If you open an exchange you will also be a target for the hackers. Don't be like those kids and be blinded by the "get rich quick opportunity". Take your time and you will actually make more money on the long term.

I love CoinMine and I don't want it be closed because of an hacker.  Smiley

I have about 10 years experience to run exchange service for USD electronic money like Perfect Money, Webmoney and so on. Sure where are some specific things in crypto currencies and i'll make my best for users security.
sr. member
Activity: 336
Merit: 254
CoinMine.pw
About that hashrate thing, just checking if this is normal or should I adjust some settings (like scantime/expiry which are now 7/28).

Doing extremely stable 6,5Mh/s for over 1 week now, rejected 0.0% HW 0 etc., but this is how my hash rate graph looks in coinmine.pw:


You already told the estimate is only an estimate, but this rather unstable graph makes me wonder.

This is one of your workers estimated hashrate graph and total hashrate for two workers is 6.5Mh? If it's your estimate graph for 6.5Mh it looks low for me. Now is usual median value about 10% lower than hashrate shown in cgminer. I'll add coefficient 10% up for all to get better estimation.

If you worries about this graph wavy, it's quite normal. We mine different coins with different block time. And if coin have quick block target time - you need to restart your works more often (we mine this coins when difficulty becomes lower, so block time become even less). This leads to less work effectiveness.

I have now new switching algorithm, that takes block target time to calculation and we mine this coins if profitability really worth it.
 
sr. member
Activity: 294
Merit: 250
Second: I have plans to create exchanger service for my pool. Not just copy-paste crappy exchanger what another do, I have several innovative ideas.
I was professional stock trader about 10 years and it's just ridiculous to see this "exchangers"...
When this exchanger will be released it will work with pool together and make auto-sell for pool users.
Sound great!
But please, prioritize security. Get help to make sure that your code is 100% safe. You heard about Gox, CoinMarket, Poloniex, ... If you open an exchange you will also be a target for the hackers. Don't be like those kids and be blinded by the "get rich quick opportunity". Take your time and you will actually make more money on the long term.

I love CoinMine and I don't want it be closed because of an hacker.  Smiley
newbie
Activity: 11
Merit: 0
About that hashrate thing, just checking if this is normal or should I adjust some settings (like scantime/expiry which are now 7/28).

Doing extremely stable 6,5Mh/s for over 1 week now, rejected 0.0% HW 0 etc., but this is how my hash rate graph looks in coinmine.pw:
http://i3.aijaa.com/t/00225/13098572.t.jpg

You already told the estimate is only an estimate, but this rather unstable graph makes me wonder.
sr. member
Activity: 336
Merit: 254
CoinMine.pw
Argentum, RonPaulCoin and iCoin added!
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Would you consider implementing auto-trading, for a reasonable fee? Right now there is no way for an average miner like myself to switch to your pool if I have to spend time finding exchanges for all the shitcoins and then trade manually (as most don't have auto trade options), not to mention that many coins would lose value by the time they meet minimum withdrawal thresholds. Since you already are pulling exchange rates etc from somewhere, it would make sense to take the next step and offer to convert the coins to LTC/BTC for your miners. And you would be able to back up your BTC/Mh estimate that you have there on the dashboard. It looks good but is unattainable for someone not working full-time as a trader.

First: We have manual withdraw option now. So you can withdraw any amount above 0.0001 COIN during 10 minutes.

Second: I have plans to create exchanger service for my pool. Not just copy-paste crappy exchanger what another do, I have several innovative ideas.
I was professional stock trader about 10 years and it's just ridiculous to see this "exchangers"...
When this exchanger will be released it will work with pool together and make auto-sell for pool users.

Thanks, I'm looking forward to that.
sr. member
Activity: 336
Merit: 254
CoinMine.pw
Would you consider implementing auto-trading, for a reasonable fee? Right now there is no way for an average miner like myself to switch to your pool if I have to spend time finding exchanges for all the shitcoins and then trade manually (as most don't have auto trade options), not to mention that many coins would lose value by the time they meet minimum withdrawal thresholds. Since you already are pulling exchange rates etc from somewhere, it would make sense to take the next step and offer to convert the coins to LTC/BTC for your miners. And you would be able to back up your BTC/Mh estimate that you have there on the dashboard. It looks good but is unattainable for someone not working full-time as a trader.

First: We have manual withdraw option now. So you can withdraw any amount above 0.0001 COIN during 10 minutes.

Second: I have plans to create exchanger service for my pool. Not just copy-paste crappy exchanger what another do, I have several innovative ideas.
I was professional stock trader about 10 years and it's just ridiculous to see this "exchangers"...
When this exchanger will be released it will work with pool together and make auto-sell for pool users.
sr. member
Activity: 294
Merit: 250
ARG! Another exchange down. Poloniex lost 12% of their BTC. https://bitcointalksearch.org/topic/btc-stolen-from-poloniex-499580
All markets and withdrawals are frozen.

I suggest you all to immediatly change your Poloniex adresses to another exchange. Or at least, if you don't have time right now, set the auto-withdraw to 0. So your coins will not be hold in a parallel world. (I have 24000 PENG and 1600 USDe paid by CoinMine but do not appear in my Poloniex account.)
sr. member
Activity: 294
Merit: 250
Because getting inspired by competitors without copying them is not a bad thing (just do better!) here a new pool that do exactly what I tried to explain in another post. A way to spread the hashrate to not hurt the health of small coins.

http://coinshift.com/about/

Quote
The Problem
A typical profit-switching mining pool diverts all of its hashing power to whichever coin is most profitable at the moment. When that profitability calculation changes, even if another coin is only slightly more profitable, the pool will abruptly switch its hashing power to the next coin.

(...)

The problem is one of misaligned incentives -- the incentive to mine on destructive profit-switching pools is too great. Coinshift's mission is simple: find a more sustainable way to mine altcoins profitably.

The Solution
Coinshift’s algorithm ranks all the alt coins who are more profitable to mine than Litecoin, and distributes its hash rate across them with a strong bias towards the more profitable coins. As the coins profitability changes, the algorithm shifts its hashrate over to the more profitable coins.
More detail on their website...

However I prefer to trade the coins myself so I will stay here. Wink
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