A Bitcoin.com mining pool?

[iFixBTCmemoryIssues]

Our closed beta is going very well.
We just mined our first block from inside of China!



We also must have some of the best luck out of any pool, ever.

I predict this will become the worlds largest mining pool, ever.

[rendravolt]

Our closed beta is going very well.
We just mined our first block from inside of China!



We also must have some of the best luck out of any pool, ever.

I predict this will become the worlds largest mining pool, ever.

Interesting, I agree with you, it's very big

[iFixBTCmemoryIssues]

Our closed beta is going very well.
We just mined our first block from inside of China!



We also must have some of the best luck out of any pool, ever.

I predict this will become the worlds largest mining pool, ever.

Interesting, I agree with you, it's very big

[rogerver]

Here is another fun update on our private beta testing for our pool.
With our private beta testing, we just mined our 10th block, and now have just under 1% of the global hash rate on our pool now!






In even better news, one of the miners helping us to test compared our pool with one of the existing major pools that claims to charge a 3% fee.
Hash per hash, they were paid about 6% more from the Bitcoin.com pool than the other major pool.
We are still investigating where the extra 3% gain came from, but at this point we suspect the other pool was rejecting 3% more shares than the Bitcoin.com pool.

If we continue to pay out this much more than the other pools, it is clear that we will quickly become one of the dominant mining pools in the entire Bitcoin ecosystem!

Spread the word!
https://twitter.com/rogerkver/status/783978138409832448

[iFixBTCmemoryIssues]

Here is another fun update on our private beta testing for our pool.
With our private beta testing, we just mined our 10th block, and now have just under 1% of the global hash rate on our pool now!






In even better news, one of the miners helping us to test compared our pool with one of the existing major pools that claims to charge a 3% fee.
Hash per hash, they were paid about 6% more from the Bitcoin.com pool than the other major pool.
We are still investigating where the extra 3% gain came from, but at this point we suspect the other pool was rejecting 3% more shares than the Bitcoin.com pool.

If we continue to pay out this much more than the other pools, it is clear that we will quickly become one of the dominant mining pools in the entire Bitcoin ecosystem!

Spread the word!
https://twitter.com/rogerkver/status/783978138409832448

I am delighted to hear this!!!!!!!!!!!

When billions are at stake, we need solid solutions from solid people.

Thank you for everything you do Roger, and those helping you. It means the world to me, both as an investor of Bitcoin and a user.

[jwithrowa0]

Here is another fun update on our private beta testing for our pool.
With our private beta testing, we just mined our 10th block, and now have just under 1% of the global hash rate on our pool now!






In even better news, one of the miners helping us to test compared our pool with one of the existing major pools that claims to charge a 3% fee.
Hash per hash, they were paid about 6% more from the Bitcoin.com pool than the other major pool.
We are still investigating where the extra 3% gain came from, but at this point we suspect the other pool was rejecting 3% more shares than the Bitcoin.com pool.

If we continue to pay out this much more than the other pools, it is clear that we will quickly become one of the dominant mining pools in the entire Bitcoin ecosystem!

Spread the word!
https://twitter.com/rogerkver/status/783978138409832448

The beginning is near...

[rogerver]

We now have just over 1% of the global hash rate.

[iFixBTCmemoryIssues]

We now have just over 1% of the global hash rate.

How high can we go

[rogerver]

More and more hashrate is coming on board every day.
We are now 1.5% of the global hash rate.
We will be opening to the public soon.

[rogerver]

Despite having some significant site reliability issues the last few days that resulted in significant down time, we still managed to mine 3% of the blocks world wide over the last 48 hours.

[rogerver]

Things are getting better and better!

[grnqrtr]

Bye Bye

[walk_softly]

https://blockchain.info/address/1D5bvwa ... jZSnkhE8cy


Could someone from the pool staff or even another miner help me understand (so I may explain to some other potential miners considering joining) why we see many newly generated coins (block solves with coinbase payouts) which are still in the original pool address and not paid to any miners?

[magma]

https://blockchain.info/address/1D5bvwa ... jZSnkhE8cy


Could someone from the pool staff or even another miner help me understand (so I may explain to some other potential miners considering joining) why we see many newly generated coins (block solves with coinbase payouts) which are still in the original pool address and not paid to any miners?

Hi, the reason is that we wait 100 confirmations for the newly generated coins to get 100 confirmations before we spend them. As soon as it reaches 100 confirmations, we pay out the miners according to PPLNS.

[walk_softly]

https://blockchain.info/address/1D5bvwa ... jZSnkhE8cy


Could someone from the pool staff or even another miner help me understand (so I may explain to some other potential miners considering joining) why we see many newly generated coins (block solves with coinbase payouts) which are still in the original pool address and not paid to any miners?

Hi, the reason is that we wait 100 confirmations for the newly generated coins to get 100 confirmations before we spend them. As soon as it reaches 100 confirmations, we pay out the miners according to PPLNS.

That makes sense as is the custom for most if not all pools.
However do you see how many payouts to miners did not wait 100 confirmations?
By my count most did not, so I am confused.
I do appreciate your reply tyvm

[rogerver]

I think the Bitcoin protocol itself doesn't allow new coins to be spent until after they have 100 confirmations.
We have lots of different Bitcoin wallets any how, so we might not even send the payouts from this same wallet in the future.

[iFixBTCmemoryIssues]

Even MGT is stepping in: https://news.bitcoin.com/mgt-capital-bi ... in-mining/

[piebeyb]

Even MGT is stepping in: https://news.bitcoin.com/mgt-capital-bi ... in-mining/

thanks for the information

[iFixBTCmemoryIssues]

@blockchain.info 437247 21 minutes 1513 49,360.58 BTC Bitcoin.com 999.04

[BitcoinXio]

@blockchain.info 437247 21 minutes 1513 49,360.58 BTC Bitcoin.com 999.04

Nice! You can keep track of them on this page https://blockchain.info/blocks/Bitcoin.com

[iFixBTCmemoryIssues]

@blockchain.info 437247 21 minutes 1513 49,360.58 BTC Bitcoin.com 999.04

Nice! You can keep track of them on this page https://blockchain.info/blocks/Bitcoin.com

Excellent, thank you for the link!

It puts a big smile on my face to see Bitcoin.com blocks, especially on the front-page of blockchain.info!!!!!!!!!!!!!!!!!!!

[miningpower.org]

Hello,

May we have an invite please?

[miningpower.org]

We have received the invite, thank you!

There may be a problem with the email verification, can you check it? We are eager to start!

[logart]

Can i get a invite please? I'm been looking all over the internet to get in bitcoin.com pool until i saw this thread. Thanks!

[rogerver]

Can i get a invite please? I'm been looking all over the internet to get in bitcoin.com pool until i saw this thread. Thanks!

Sorry, for the slow reply.
It looks like the forum wasn't sending email notifications out until today. I just sent you the invite via PM.
Thanks!

[rogerver]

https://twitter.com/rogerkver/status/801435384538238977

We are making excellent progress and now have over 45P on the pool!
The public launch is eminent!

[iFixBTCmemoryIssues]

https://twitter.com/rogerkver/status/801435384538238977

We are making excellent progress and now have over 45P on the pool!
The public launch is eminent!

Thank you for the updates, it is coming along extremely well, this is really good for Bitcoin!!!!!!!!!!!!!!

[Windowly]

Thank you for your updates, Roger!! This is looking very positive. It's good to see that Bitcoin Unlimited has 7% of the hashing power and Bitcoin.com has been able to mine so many blocks.

I've got really discouraged at the slow pace and continuing blockage. . . but I haven't sold my bitcoin and I still believe in the vision.

[iFixBTCmemoryIssues]

Thank you for your updates, Roger!! This is looking very positive. It's good to see that Bitcoin Unlimited has 7% of the hashing power and Bitcoin.com has been able to mine so many blocks.

I've got really discouraged at the slow pace and continuing blockage. . . but I haven't sold my bitcoin and I still believe in the vision.

Everything will be fine in due time, hiccups is all

[Windowly]

Is there any ETA for when bitcoin.com mining pool will be out of beta?