Topic: Whatever happened to Bitcoin Affiliate Network? - page 2. (Read 23709 times)

I doubt it but I think payments will be a little longer than the normal week or so...

So they've been down for 12+ hours.. stolen merchandise related 

I had a payment yesterday in full as I ran 1 S3 miner there to check on payments.

My last payment received was about 1.5 hours ago (its set to payout every 2 hours).

when was your last payout?
mine was almost a week ago.

Just asking a question about something that had been posted that's all. Doesn't bother me one bit I'm still mining here and getting paid so I'm happy whatever .

Why would anybody believe this from ONE FedEx proof of delivery to SOMEBODY in Las Vegas. It was not signed by s0br (Gil) and we have no idea what this one package had in it?

Just a bunch of BS...

So BAN are using hardware they haven't paid for to mine their own pool?

Maybe blackarrow should have tried the BAN irc room instead, seeing as s0br has been ignoring his own pool thread for over 2 months now, despite regularly logging on.

Deja-vu?.......

WTF is that all about

I've dabbled with Bitcoin Affiliate Network some lately but since the bonus isn't much it might not even be worthy continuing mining on the pool... Back to Slush for a bit?

It never was a mining pool anyway. But I see what you mean, people buy cloud mining there not to actually mine but hope to sell it to newbies at a higher price.

CEX.io is more of an exchange now rather than a mining pool.

CEX.io is not a mining pool, it's a mining rental service with huge maintenance fees. I have yet to see a PPLNS pool with maintenance fees.

It looks like your issue is with cloud mining, not PPLNS.

Oh the wonderful Kano, Mr no one can pay 10% bonuses beasue its a lie and its impossible, but then turns around andsays he can pay 300% earnings to his loyal members. I   ahhh......... i was just skimmming thru, and you had to bring my name up didnt you. So what is it, are you mad because I am not afraid to call your bluff and show your members how rich they are making you, is that what gets under your skin? For those of you who honestly think a PPLNS pool was not so profitable and really makes 0% because it says they have a 0% fees please ask yourself why do so many pools use that system? If it was not profitable how could they pay their website fees, how could they be able to keep things running? It does have a 0% fee and a 40% or probably more like CEX.io profit margin tho.

Forget thier idiocized math and calculations, take how many shares were put into a block that the pool has paid on, X number of shares times whatever their payout is per share, then ad all the shares up from all the miners that got paid on one of their paid shifts, subtract that number from 25 BTC and you have your PPLNS profit margin. CEX.io makes 21.7 BTC per block when all of their members combined only get paid 3.3 BTC per block solved and that was on 60PHS of power during the time I did that calculation( which was based on my earnings from my machines I had pointed there). The ONLY time a PPLNS pool is not drastically profitable is if they would solve 2 or 3 blocks per payout shift but much like CEX when things like that happen you see funny unexplainable results for your equipment pointed there.

40% was an estimated guess based on my calculations done by CEX.io and to be honest I would bet its higher than that.

Any yet ...
Read the comment below from the fool cyberpinoy where he DID say that.

mcdougle, I'm not stepping out of the shadows from being in the lab since 1999. I'm actually active on bitcointalk almost every day and have been for three and a half years. So I don't know where that is coming from.

Am I taking "a pugnacious swing at the closest passer by"? I wanted to say two things:

1. PPLNS pools do not take 40% of the mining income. Obviously a zero-fee pool that also pays out transaction fees will be paying out 100% of the mining income, so it cannot be keeping 40%.

2. It's ok to ask questions if something strange and unusual is going on. If people tell you to shut up or only give you nonsense answers that intend to confuse you, that's a good reason to become more skeptical than you already were.

People post things that make bitcointalk a bad and unfriendly environment, and full of lies that confuse people who are new to mining and new to bitcoin.

Maybe people are allowed to act like assholes. But I am also allowed to take pugnacious swings at assholes. Any time I feel like it.

He was referring to the math prodigy known as cyberpiony, who has no clue how PPLNS works and therefor assumes it's a scam even though most PPLNS pools offer the statistics needed for any user to audit how their reward was calculated if they have the desire to do so (and a functional brain).


cyberpiony (to DrHaribo): "So tell me respected leader in pools and software developments what is the real need for any pool to have to make 40% or more of the BTC per block mined in order to be a truly profitable pool?"

Obviously he didn't say" 1% of 25 bitcoins is 40%", but based on the rest of cyberpiony's posts (and that one in particular, located on page 2), it definitely read like it was directed at his pool (Bitminter, which runs PPLNS @ 1% fee).