Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CommunityCoin (COMM) Fair & FREE Distribution | Pure PoS | Join Community
by
djm34
on 14/04/2014, 14:03:09 UTC
Hi Everyone,


The first part of the Multipool is ready (let's call it beta).

At this moment, you can access the page, tie your COMM Address to one BTC Address which will be used only by your.

  • We have followed the approach used by fair-coin, which means we are using wafflepool to mine.
  • They mine the most profitable altcoin, exchange it to BTC the and pay BTC to your address. Their fee is 2%.

If anyone prefer to use other pools it is ok but additional configuration will be required by you. As long as the payments are sent to the BTC Address you have tied to your COMM Address everything will be ok.

COMM purchases will be done manually until we can implement it through API for the exchanges which allow it.


What is yet to be deployed:

  • List the BTC payments received by your address, as well as the exchanges we do of BTC for COMM;
  • For each COMM bought, share it proportionally between all the users which have participated in the pool for that purchase.

I will be working on the points above and will keep you all updated.


Any doubts and/or problems, please let me know it.


Adriano

Edit: Forgot to state the link:  http://community.bitcoinland.org/multipool/

Adriano,good job!
ok, testing. Is there a page to see how much share I got, expected payout (might be early though...)
How often are the payout (or will be) ?

Right now you can check it directly at http://wafflepool.com/miners

Just use the BTC Address you set up the miner... As I could see the payouts occur daily for everyone who got at least 0.01BTC and without any limits on sundays.

Adriano
ok, it works. although it might take a while these days to get to 0.01btc.