Bitcoin.com Mining Pool Official Discussion Thread

[BitcoinNewsMagazine]

Got my monthly statements. pool.bitcoin.com cloud mining took 36% of total bitcoin earned in fees. For comparison ViaBTC charged 18% in fees.

[bitkilo]

Got my monthly statements. pool.bitcoin.com cloud mining took 36% of total bitcoin earned in fees. For comparison ViaBTC charged 18% in fees.

Thanks for the feedback, can you show us your comparison charts on this if available please.

[zowki]

Got my monthly statements. pool.bitcoin.com cloud mining took 36% of total bitcoin earned in fees. For comparison ViaBTC charged 18% in fees.

I'll reiterate my previous post about ViaBTC.

ViaBTC's contracts are $179 per TH/s. We sell at $129 per TH/s. They are 39% more expensive than us.

According to ViaBTC's website, they pay 0.00034066 BTC per day in profits per TH/s (according to this page: https://www.viabtc.com/contract/s9/)
Bitcoin.com pays 0.00031791 BTC per day in profits per TH/s.

They are 39% more expensive than us, but they only pay 7.2% more than us.

[hosul]

Got my monthly statements. pool.bitcoin.com cloud mining took 36% of total bitcoin earned in fees. For comparison ViaBTC charged 18% in fees.

I'll reiterate my previous post about ViaBTC.

ViaBTC's contracts are $179 per TH/s. We sell at $129 per TH/s. They are 39% more expensive than us.

According to ViaBTC's website, they pay 0.00034066 BTC per day in profits per TH/s (according to this page: https://www.viabtc.com/contract/s9/)
Bitcoin.com pays 0.00031791 BTC per day in profits per TH/s.

They are 39% more expensive than us, but they only pay 7.2% more than us.

But they are still more profitable, what more u get early, that more you get Bitcoin. Actually a lot of more profitable. You should do zero profit pool where is only very small profit for future problems. More hash power and incoming in long run for you too

[BitcoinNewsMagazine]

Got my monthly statements. pool.bitcoin.com cloud mining took 36% of total bitcoin earned in fees. For comparison ViaBTC charged 18% in fees.

Thanks for the feedback, can you show us your comparison charts on this if available please.

Here you go. Lower fees are always better IMO for lifetime contracts. You want to keep the contract running as long as possible before earnings are less than fees. For ViaBTC cloud mining:



Now for pool.bitcoin.com:



Sure looks to me like ViaBTC is keeping 18% of mining reward for fees while bitcoin.com keeps 36%.

[zowki]

But they are still more profitable, what more u get early, that more you get Bitcoin. Actually a lot of more profitable. You should do zero profit pool where is only very small profit for future problems. More hash power and incoming in long run for you too

Actually we are more profitable than ViaBTC.

ViaBTC's daily fees work out to about 26 cents per TH/s (it's 12 cents plus 6% PPS fee). Bitcoin.com is 28 cents per TH/s with 0% fee.

ViaBTC initial cost is $179 and we are $129.

Enter the values in the calculator and see for yourself: http://www.greywyvern.com/code/javascri ... itcoincalc

We are actually even more profitable than that calculator shows, because it doesn't take into account that we pay the highest block reward compared to any other pool in the world. According to ViaBTC's fee page, they pay 114.53% of the block reward (https://www.viabtc.com/help/pricing/). Bitcoin.com pays 120% of the block reward.

[c0207148]

I bought some cloud hashrate and chose PPLNS reward payout.
Now I want to change reward payout from PPLNS to PPS.
Please advise how to do that ... thanks

[Pool.bitcoin.com]

I bought some cloud hashrate and chose PPLNS reward payout.
Now I want to change reward payout from PPLNS to PPS.
Please advise how to do that ... thanks

Hi there,

Thanks for mining with us!

All cloud mining contracts are set to PPS by default and this cannot be changed, so you're already on PPS.

Cheers!

[c0207148]

I bought some cloud hashrate and chose PPLNS reward payout.
Now I want to change reward payout from PPLNS to PPS.
Please advise how to do that ... thanks

Hi there,

Thanks for mining with us!

All cloud mining contracts are set to PPS by default and this cannot be changed, so you're already on PPS.

Cheers!

Thanks for you clarification.
However my payout does not looks like PPS... Please see attached.
I saw I was paid per every block found after 100 confirmations.

[Pool.bitcoin.com]

I bought some cloud hashrate and chose PPLNS reward payout.
Now I want to change reward payout from PPLNS to PPS.
Please advise how to do that ... thanks

Hi there,

Thanks for mining with us!

All cloud mining contracts are set to PPS by default and this cannot be changed, so you're already on PPS.

Cheers!

Thanks for you clarification.
However my payout does not looks like PPS... Please see attached.
I saw I was paid per every block found after 100 confirmations.

Ah, I see! I will ask that our dev looks into this for you and get back to you as soon as possible.

Cheers!

[hosul]

But they are still more profitable, what more u get early, that more you get Bitcoin. Actually a lot of more profitable. You should do zero profit pool where is only very small profit for future problems. More hash power and incoming in long run for you too

Actually we are more profitable than ViaBTC.

ViaBTC's daily fees work out to about 26 cents per TH/s (it's 12 cents plus 6% PPS fee). Bitcoin.com is 28 cents per TH/s with 0% fee.

ViaBTC initial cost is $179 and we are $129.

Enter the values in the calculator and see for yourself: http://www.greywyvern.com/code/javascri ... itcoincalc

We are actually even more profitable than that calculator shows, because it doesn't take into account that we pay the highest block reward compared to any other pool in the world. According to ViaBTC's fee page, they pay 114.53% of the block reward (https://www.viabtc.com/help/pricing/). Bitcoin.com pays 120% of the block reward.

We still want you cut 6% of mining reward what you are keeping and then we are happy and after segwit we will bring you many power.

[zowki]

Thanks for you clarification.
However my payout does not looks like PPS... Please see attached.
I saw I was paid per every block found after 100 confirmations.

I just changed your account to PPS. Thanks for letting us know.

[zowki]

We still want you cut 6% of mining reward what you are keeping and then we are happy and after segwit we will bring you many power.

We are already the highest paying mining pool. We will continue to increase our block reward as the transaction fees go up.

[Fridge]

Started mining with you some days ago and as far as now I'm very satisfied. Keep up the good work!

[Kryptowerk]

We still want you cut 6% of mining reward what you are keeping and then we are happy and after segwit we will bring you many power.

We are already the highest paying mining pool. We will continue to increase our block reward as the transaction fees go up.

Wow, I hear you! That's actually pretty awesome. I mean if fees finally decrease everybody benefits. And in the ugly case that they keep on rising we can at least make more profit from out contracts.

[rarcntv]

Hello,
I am using bitcoin.com mining pool. and I see right now accept work. but no activity in my account.
when usually I can see the details. my work right or not. how I can ensure about that.
if I see accepted number is that confirm my work on the way?
please let me know the details.

[Pool.bitcoin.com]

Hello,
I am using bitcoin.com mining pool. and I see right now accept work. but no activity in my account.
when usually I can see the details. my work right or not. how I can ensure about that.
if I see accepted number is that confirm my work on the way?
please let me know the details.

Hi there,

I can see that you don't have any active cloud mining contracts with us, and there is also no hashrate currently associated with your account (from hardware mining).

Please email pool@bitcoin.com with as much detail of your problem as possible and we'll get you taken care of.

Cheers!

[Possum577]

Care to share what contract size (or investment) is required to achieve the earnings shown in the statement?

I realize it's a personal question, please PM me if you'd feel more comfortable. Thank you.

Here you go. Lower fees are always better IMO for lifetime contracts. You want to keep the contract running as long as possible before earnings are less than fees. For ViaBTC cloud mining:



Now for pool.bitcoin.com:



Sure looks to me like ViaBTC is keeping 18% of mining reward for fees while bitcoin.com keeps 36%.

[rarcntv]

Hello,
I am using bitcoin.com mining pool. and I see right now accept work. but no activity in my account.
when usually I can see the details. my work right or not. how I can ensure about that.
if I see accepted number is that confirm my work on the way?
please let me know the details.

Hi there,

I can see that you don't have any active cloud mining contracts with us, and there is also no hashrate currently associated with your account (from hardware mining).

Please email pool@bitcoin.com with as much detail of your problem as possible and we'll get you taken care of.

Cheers!

I think I did email and do not see response.
But I see clear it is mining with 18 to 93 Mh/s . I am using GUI miner (https://guiminer.org/) and Multiminer(http://www.multiminerapp.com/) I am using Cuda based nvidia GPU. Where I can mine bitcoin using other pool services like nicehash . it also accept share.

here is the screenshot

[rogerver]

I think I did email and do not see response.
But I see clear it is mining with 18 to 93 Mh/s . I am using GUI miner (https://guiminer.org/) and Multiminer(http://www.multiminerapp.com/) I am using Cuda based nvidia GPU. Where I can mine bitcoin using other pool services like nicehash . it also accept share.

here is the screenshot

You can't mine Bitcoin with GPUs anymore.
The smallest unit we sell on our pool is 1TH/S
You are mining with 32 MH/S
That means you have 0.000000032 TH/S
This is far to small to earn any Bitcoin.
You would be better off mining Zcash or something else with your GPU.
Good luck!

[GreyWyvern]

The smallest unit we sell on our pool is 1TH/S
You are mining with 32 MH/S
That means you have 0.000000032 TH/S

Actually, it's 0.000032 TH/s.

This is far to small to earn any Bitcoin.

Still true! That kind of hashpower would earn you a little more than 1 satoshi per day. For now...

[Possum577]

Hi Roger, I just listened to your interview on the Let's Talk Bitcoin podcast. Great stuff! I enjoyed hearing your candid thoughts on the need for scaled up block sizes, BU, and the inherent security risks with SegWit. On SegWit, it seems so obvious (now after hearing you share Peter Rizun's thoughts) that separating the witness from the transaction could lead to trouble. I'm digressing.

The real question, you also mentioned the Bitcoin.com mining pool. And within those comments you said "depending on the timing and price of bitcoin [of when one invests in the pool] you could earn bitcoin on bitcoin return". What does "bitcoin on bitcoin return" mean? Thanks.

[zowki]

The real question, you also mentioned the Bitcoin.com mining pool. And within those comments you said "depending on the timing and price of bitcoin [of when one invests in the pool] you could earn bitcoin on bitcoin return". What does "bitcoin on bitcoin return" mean? Thanks.

Bitcoin on bitcoin return means you get more bitcoins after the end of the investment.
Dollar on dollar return which means you get more dollars after the end of the investment.

[Possum577]

The real question, you also mentioned the Bitcoin.com mining pool. And within those comments you said "depending on the timing and price of bitcoin [of when one invests in the pool] you could earn bitcoin on bitcoin return". What does "bitcoin on bitcoin return" mean? Thanks.

Bitcoin on bitcoin return means you get more bitcoins after the end of the investment.
Dollar on dollar return which means you get more dollars after the end of the investment.

Apologies in advance for getting specific (and perhaps coming across as dense), the return offered from a mining pool is bitcoin. So what is the feature or competitive advantage or nuance that providing "bitcoin on bitcoin" achieves?

Are talking about the currency used to invest vs. the currency paid as ROI? Or are we talking about the amount of return, e.g., it's possible to get paid out more return than originally invested if the contract is held long enough? I assume that any bitcoin mining pool contract can be purchased with bitcoin or fiat, so getting paid bitcoin on my investment used with bitcoin doesn't seem like something novel.

Again, apologies for the potentially annoyingly specific question. Thanks in advance if you're willing to get specific with me.

[zowki]

Are talking about the currency used to invest vs. the currency paid as ROI? Or are we talking about the amount of return, e.g., it's possible to get paid out more return than originally invested if the contract is held long enough?

We are talking about the amount of return.

I'll give an example. Let's say you invest 1 BTC and at the end of the investment, you get back 1.02 BTC. That is a bitcoin on bitcoin return.

These values are just examples and not to be taken as a promise or investment advice, actual results will vary based on mining difficulty.

[Possum577]

Are talking about the currency used to invest vs. the currency paid as ROI? Or are we talking about the amount of return, e.g., it's possible to get paid out more return than originally invested if the contract is held long enough?

We are talking about the amount of return.

I'll give an example. Let's say you invest 1 BTC and at the end of the investment, you get back 1.02 BTC. That is a bitcoin on bitcoin return.

These values are just examples and not to be taken as a promise or investment advice, actual results will vary based on mining difficulty.

So my ROI is 2% for that period, yes?

Thanks again for attention to the basic questions.

[zowki]

So my ROI is 2% for that period, yes?

That is possible depending on the mining difficulty.

[MrCloudMiner]

Hy guys although the idea of mining your own bitcoin at home is cool, but with your own PC is really not a good idea, for anyone who is actually interested in making some money mining bitcoin and investing in cryptocurrency I would recommend you check out something like [MOD EDIT: referral links are not to be posted outside of the referral links sub-forum] This is easily the best way to mine bitcoin especially as the price and difficulty of bitcoin increases. They also give you a 3.5% discount if you use this code: wLQlf1

[zowki]

Hy guys although the idea of mining your own bitcoin at home is cool, but with your own PC is really not a good idea, for anyone who is actually interested in making some money mining bitcoin and investing in cryptocurrency I would recommend you check out something like [MOD EDIT: referral links are not to be posted outside of the referral links sub-forum] This is easily the best way to mine bitcoin especially as the price and difficulty of bitcoin increases. They also give you a 3.5% discount if you use this code: wLQlf1

https://pool.bitcoin.com is much cheaper than Genesis mining. Even with your 3.5% discount, Genesis sells at $144.75 per TH/s. We sell at $129 per TH/s.

Also, we pay about 11% more per TH/s compared to Genesis. See my post for more details: post67021.html#p67021

Your profit with Bitcoin.com Pool will be much higher and cost is much lower.

[Pool.bitcoin.com]

Hello Members,

Due to the low block transaction fees our block reward bonus has been lowered to 110% (as per our terms & conditions).

If/when block transaction fees increase to a level where we can increase our block reward again we will do so.

The average block reward for the past week is 109% of the base reward, so we're still the highest paying pool by far with our 110% reward.

Cheers!