Bitcoin.com Mining Pool Official Discussion Thread

[nandibear]

Edit by Nandibear

[thallios]

Sorry, I've been too busy to read this forum thread. I'll try to be as transparent as possible. If there's something that needs my immediate attention, please email pool@bitcoin.com

Thanks for the update, and I appreciate the transparency. And I appreciate that you always address concerns professionally. I don't envy the position you're in.

[ScrappyDo]

Can you guys please look into the coinbase issue? I am sure it is all on their side, but all the payouts I had to them are not showing. Others have seen this as well. I changed to a personal wallet, and no issues at all, but I have like .8 bch out there somewhere......

If anything would be good info for those coming in to know not to send to them till its fixed. Coinbase bout done pissed me off. No support whatsoever.

Scrap'

[nandibear]

Can you guys please look into the coinbase issue? I am sure it is all on their side, but all the payouts I had to them are not showing. Others have seen this as well. I changed to a personal wallet, and no issues at all, but I have like .8 bch out there somewhere......

If anything would be good info for those coming in to know not to send to them till its fixed. Coinbase bout done pissed me off. No support whatsoever.

Scrap'

The auto-withdrawal system uses batched transactions. Maybe Coinbase has trouble seeing batched transactions.

[KableK]

> Underpaying BTC mining fees.
I just increased BTC block reward to 120%. This is more in line with what ViaBTC is paying now. I'm working on a system to automatically adjust the block reward like ViaBTC so I don't have to keep manually changing it.

> underpaying BCH @ 98% block reward
That's not underpaying. We are the highest paying BCH pool in the world. ViaBTC and BTC.com pay about 96% BCH block reward.

Thanks Zowki, can't wait!

[PSD13]

Greetings, I would like to sell my lifetime plans pool.bitcoin.com
I have 22 TH/s for sale, because I will not have much time for mining soon...
and I would like to keep the Purchased Contract with ID 666
Thanks!

[KevinMcKernan]

If China plans to shutdown mining, is there any canary to warn users of such an event to move coin.
Will lifetime contracts migrate to your US mining rigs? What is your contingency plan for a china mining ban?

[zowki]

If China plans to shutdown mining, is there any canary to warn users of such an event to move coin.
Will lifetime contracts migrate to your US mining rigs? What is your contingency plan for a china mining ban?

Most of our hashrate is in the USA.

We are already planning to move all our China hashrate to other countries.

[calhroub]

Greetings, I would like to sell my lifetime plans pool.bitcoin.com
I have 22 TH/s for sale, because I will not have much time for mining soon...
and I would like to keep the Purchased Contract with ID 666
Thanks!

Hi! Your Telegram doesnt seem to be working... Are you still selling? What's your price? Thanks.

[calhroub]

I would like to sell my 102 TH/s Lifetime Contract, anyone ?

Hi. I am interested. How much are you asking? How do I contact you?

[cg132]

Posted:
Wed Oct 04, 2017 9:36 pm

Unfortunately there were many shipping delays for our new hardware. We are still 2 to 4 weeks away from restocking.

Posted:
Tue Oct 24, 2017 3:27 am

We should have new plans in stock within 4-5 weeks.

Posted:
Fri Nov 10, 2017 4:43 am

Our lifetime plans will be back in stock in about 4-5 weeks.

Posted:
Mon Dec 04, 2017 3:52 am

Lifetime plans should be back in stock towards the end of this month

Here we are, a week into January. So.... another 4 weeks? How long will this go on?

[PSD13]

Greetings, I would like to sell my lifetime plans pool.bitcoin.com
I have 22 TH/s for sale, because I will not have much time for mining soon...
and I would like to keep the Purchased Contract with ID 666
Thanks!

Hi! Your Telegram doesnt seem to be working... Are you still selling? What's your price? Thanks.

Hi, I do not have a Telegram, please write me email for more info + your suggestions for this trade > psd13@protonmail.ch (for safety - this email has no connection to my pool bitcoin account)
Now I have 23 TH s for sale - all my my lifetime plans, because this will make it easier to sell
My price 1 THs 900usd in BTC or BCH, so it is 2277usd 23x99 less than current prices for lifetime plans + Out of stock
After receiving (1 Confirmation) the BTC or BCH, I will transfer the account

If anyone has interest for this trade + your suggestions make it easier > psd13@protonmail.ch
Thanks!

[Bewbiesss]

Selling 7 THs in lifetime contracts linked to my account. Post here or send a message to bitcoinbewbs@outlook.com.

[bangteh]

selling 5 TH lifetime plan :-

calculation as below
1 TH equal to $700 usd

* 5TH X $700 = $3500

pay in bitcoin cash (BCH) equal to $3500 usd

contact me if you want to buy

[nandibear]

Here we are, a week into January. So.... another 4 weeks? How long will this go on?

Sorry, we do not have an estimated time of arrival (ETA) of new stock. Please join to the waiting list and you will be notified accordingly:

https://pool.bitcoin.com/index_en.html#buyhashrate

[Fubukiryuu]

Guys, considering the lifetime contracts shortage since months I'm not sure you should try to sell your contracts for less than the current price (999$) as you are doing. As zowki says, demand is way too high for the supply. Nothing says lifetime contracts will be available again nor available soon. Moreover, contracts prices are regularly increased, and even at crazy prices for us, the 1 year contracts were sold out in days. Besides, if the market opens, prices may increase even more as it was the case with ViaBTC with totally crazy prices on their contract market ! My 2 cents…

[maybach111]

ViaBTC has performed scam regarding its cloud mining. I hope Bitcoin.com will behave more fair.

What has done ViaBTC?
Step 1. They increase electricity fees by 50%
Step 2. They announce closure of market while actively performing buyback of THs (price dropped from 0.25 to 0.11 bch)
Step 3. They increase management fee from 6% to 50% and offering redemption of Ths per 300$.

SCAMMERS!

[Bewbiesss]

Guys, considering the lifetime contracts shortage since months I'm not sure you should try to sell your contracts for less than the current price (999$) as you are doing. As zowki says, demand is way too high for the supply. Nothing says lifetime contracts will be available again nor available soon. Moreover, contracts prices are regularly increased, and even at crazy prices for us, the 1 year contracts were sold out in days. Besides, if the market opens, prices may increase even more as it was the case with ViaBTC with totally crazy prices on their contract market ! My 2 cents…

I'm even willing to sell at $680/TH but so far no one has been interested to be honest. And I doubt the market will be launched any time soon..

[bangteh]

ViaBTC has performed scam regarding its cloud mining. I hope Bitcoin.com will behave more fair.

What has done ViaBTC?
Step 1. They increase electricity fees by 50%
Step 2. They announce closure of market while actively performing buyback of THs (price dropped from 0.25 to 0.11 bch)
Step 3. They increase management fee from 6% to 50% and offering redemption of Ths per 300$.

SCAMMERS!

no they just reupdated their announcement to "TEMPORARY". they will change back from 50% to 6% very soon, as soon as their moved and placed asic miner to other country

[maybach111]

no they just reupdated their announcement to "TEMPORARY". they will change back from 50% to 6% very soon, as soon as their moved and placed asic miner to other country

LOL, you believe that? Ok, there's nothing more permanent, than 'temporary'

[MikeOFF]

gelöscht.......

[VeryLegit]

Not sure if this is the right place but I have a lifetime 2 TH/s contract for sale as well.
2000 USD in BTC and its yours.

[sellminingcontract]

I would like to sell my lifetime plans (account) from pool.bitcoin.com

****410TH/s Lifetime contract****

If you want to buy it, please email to sellminingcontract@gmail.com
(we'd like to request you to quote to us, Thanks!)

[tomppa]

Have to say that I'm not surprised at all that we got SCAMMED by Bitcoin.com too:

Bitcoin.com Lifetime Contracts Paused, Full Refunds Available


Due to regulations in China regarding Bitcoin mining, we are moving our mining equipment out of China. Unfortunately this means that we need to pause all lifetime mining contracts until the transition is completed.

Only lifetime contracts are affected. Other contracts, such as 1 year or 6 month mining contracts, are located in the USA so are not affected.

You have two options at this time:

Receive a 100% full refund of your initial USD cost (paid in BCH at current exchange rate). Your contract will permanently end if you chose a refund.
Pause your contract from January 18th until approximately April 30th while we move our hardware to a data center outside of China.

Refunds are available now, and can be requested until our hash rate is back online.

To receive your full refund, please go to your purchased contracts page, click on your contract, then click "Refund" to complete the process.

If you prefer your contract to be paused until our hash rate is back online, no action is required.

We thank you for your patience and understanding.

You said that most of your hashpower is in USA and I believe that lifetime contracts are the ones you have most. And now suddenly all those machines lie in China. Bullshit!! That hashrate still shows up in pool stats.. On US servers! Give us back our BTC!

If China plans to shutdown mining, is there any canary to warn users of such an event to move coin.
Will lifetime contracts migrate to your US mining rigs? What is your contingency plan for a china mining ban?

Most of our hashrate is in the USA.

We are already planning to move all our China hashrate to other countries.

[disappointed_contract_holder]

What an extremely bad deal for all lifetime contract holders. Very disappointed with this decision.

[Undelicious]

This doesnt make sense at all why would I want to "refund" my mining contract only for you to sell it at a price 6 times higher than the refund itself...

[bryanj4]

@rogerver You should in good faith at minimum provide customers with a full refund in the currency they paid with ie: Bitcoin!!! I made an investment into your pool rather than hodling onto my Bitcoin which has gone up 4x since I made this investment. I will personally confront you at Anarchapulco about this.

[okarmoune@]

you said all the hash rate is outside china , what is that pls if I have to take refund I have to take it in btc as I payed it

[MikeOFF]

i will not back my btc or bch!! i will the hash power back !!!!!!!!

I have 1ph/s
i lose more than 100k USD this is impossible !!!!!!!!!

I want to sell my contract but I want a guarantee that I can buy it back for my first purchase price !!!!!!

[farzin]

From now until end of April is about 3.5 months (about 100 to 110 days). Let's take, just as an example, a 5 TH / s lifetime contract., and let's say, on average, this contract is providing the miner with $10 per day of income. So, in 110 to 110 days, a miner with a 5 TH / s contract, will lose about $1,000 to $1,100 before his hash power outside of China comes online.