Search content
Sort by

Showing 20 of 62 results by Coinshift
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Coinshift
on 08/07/2014, 19:56:04 UTC
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 06/07/2014, 22:06:22 UTC
Has the option to manually set diff been implemented yet?

Good news: you may now set a manually difficulty setting by using d= as your password.
For example:
Code:
cgminer --scrypt -o stratum+tcp://mine.coinshift.com:3333 -u 1L38dYqRtfZUMcKRN3Jfb1b1hvCqKiXE3Q.miner1 -p d=512
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 25/06/2014, 04:39:22 UTC
It was a good spike. Now we're at 82% LTC.  

I've asked a few times, but not really got a response.. Why aren't we mining LTC 100% like the FAQ says?
18% is a LOT.


We do mine 100% LTC if our hashrate high enough and the other coins drop below 100%. However, even if we're mining another coin that is ~102% vs LTC, due to luck and spacing between blocks we may fluctuate between 97% or 106%, for example.

The more significant drop we saw today was due to Cryptsy's API being down ALL NIGHT. With their API down we have trouble estimating which coins are the most profitable to mine and we ended up not spending our hashrate as efficiently as we would have otherwise.

Honestly I spend about 20% of my time dealing with/working around Cryptsy's problems. Their wallets go down, stop accepting deposits, APIs go in and out and return stale data, etc. Last night I got pretty pissed and called them out publicly on their shit:
https://twitter.com/CoinShift/with_replies

But I doubt that'll help much -- and it's not like we can switch exchanges easily, the other ones just don't have enough volume.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Coinshift
on 20/06/2014, 21:12:10 UTC
Anyone else get a shipping notice besides @Elenelen?

Why oh why does today have to be a holiday in Sweden!
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 20/06/2014, 18:55:05 UTC
We added three fresh coins a few hours ago. Our internal BTC/6h graph is showing over 125% -- should see the 24h graph rising to meet this over the next few hours
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 20/06/2014, 18:09:12 UTC
Thanks for the feedback, we weren't aware of those HW issue problems. We will add a manual difficulty setting this weekend.

Cheers!
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 13/06/2014, 17:10:21 UTC
Thanks for that. Also, I'm as guilty as any when it comes to complaining before complimenting.

So let me go against human nature and say, I really like the new statistical interface.
Specifically:

  * I like the way the hash graphs are broken out by miner. (I would love to get this in the API)
  * I like the ability to hover over the graphs and get the data from that time point.

Thank you for these enhancements!


Glad you noticed!

Yes, we've switched to a nicer charting system that is a bit more detailed and shows you more information when you hover on the graphs. It's still a little rough around the edges but it's definitely an improvement.

We also split out a graph for each of your workers now, which was a highly requested feature. Sorry that took so long!

@jgauthier I will get you an API for that today
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 13/06/2014, 04:02:07 UTC
Haven't seen any updates here in awhile.  With Scrypt getting much less profitable and heat becoming an issue in the Northern Hemisphere, are there any plans to make a Coinshift X11 pool?

I want to try to avoid announcing any announcements, so let me just say this: Yes, we're working on supporting other algos. In the mean time, we're mining at 163% which ain't half bad!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW phase started
by
Coinshift
on 11/06/2014, 23:45:10 UTC
We've added Silkcoin to Coinshift -- mining at >120% LTC profitability.

Great work, guys.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 22/05/2014, 22:36:13 UTC
I still have a small amount confirmed that's not been paid for quite a few days now.

Minimum daily payout amount is 0.001 -- what is your current balance?
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 19/04/2014, 22:15:53 UTC
Today we added Fluttercoin and Whitecoin.

We can add one or two more today. Asiacoin would be hard since it's not traded on Cryptsy, but we'll run the numbers and see if it would be worth it.

Anyone know what which "secret" coin Wafflepool is mining with random rewards in the 250,000-300,000 range? Will add it ASAP.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 01/04/2014, 06:51:34 UTC
Adding two more coins tomorrow, let us know if you have suggestions!

Keep in mind that they must be traded on an exchange with a trade API and have a fair amount of volume in BTC.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 01/04/2014, 06:44:33 UTC
Hi  Coinshift-  

I have not received a payout in a couple days.  I just want my remaining balance as I have stopped mining.   I've emailed you but have received no reply.

Please send me my balance so I can combine it with the BTC I already have and cash in.

http://coinshift.com/account/1AxpUz56WxDwfnQCZLQLbCYrdnuXxSuzdD/

Thanks,
Clocker

Hi Clocker -- your remaining balance has been sent, thanks for mining with us.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 01/04/2014, 06:26:29 UTC
https://twitter.com/CoinShift/status/449633979314868224

"We _finally_ exchanged the AUR, but for way less than we expected when we mined it. Felt terrible so we doubled it out of our own pockets."


That is really nice of you guys! I didn't see a post about it here, so thought people should know. Cheesy
Thanks for relaying that. It was a huge bummer -- fortunately AUR has hit their hard-fork which halves the block time (and maturity time) in addition to adding a better difficulty adjustment algorithm. Hopefully we'll see that coin get much healthier over the next couple of weeks and we can re-enable it.


Two questions:

1 - Will that come in a separate payment or get rolled into our normal ones? It will be hard to tell either way.

2 - Can we add LTC to the rotation? Since we compare against it as a benchmark it would make sense to incorporate it into the algorithm so that in the event alt coins are doing really bad, we can supplement it with LTC. If the Coinshift algorithm is smart enough it should be able to do this and keep things balanced. Smiley
It was rolled in to your normal one -- if you mined some of the AUR you should have seen a sharp jump in your balance.
LTC is in the rotation, but only if we hit a certain hashrate threshold. The problem we have with LTC is that our hashrate isn't quite high enough to mine it without luck being a significant factor. We had a period of bad luck while mining LTC that dropped our BTC/MH below the LTC line, which drops our hashrate even more and the problem compounds! However, things have definitely stabilized recently and our hashrate is doing pretty well.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 28/03/2014, 05:10:14 UTC
What's your address? I'll take a look. If you could post a screenshot of your rig hashrate that would be helpful too.
Website is 2301.8 Kh/s with a rejected of 54.8 Kh/s.

Everything looks OK to me -- perhaps when you checked the site you were on the lower end of the variance. When I checked your hashrate was reported as >2900Kh: http://cl.ly/Uh37

The site currently reports the hashrate as calculated over the last 20 minutes. There is going to be some variance there, which is why you see the graph oscillate between 2300 and 3000. Maybe we need to increase that so it gives you a better picture of your actual hashrate. The problem there is that we don't want it to take a long time for new users to see their hashrate ramp up. There is definitely a way to make it work for both, so we'll work on it.

To double check I calculated your hashrate over the last hour:
Code:
mysql> select 65536*sum(difficulty)/(60*60)/1000000 as mh  from shares where username="1Q697sCKUo1pp3GXGxPbJN6GJPJz97R1LE" and time > date_sub(now(), interval 60 minute);
+--------------------+
| mh                 |
+--------------------+
| 2.7589199644444444 |
+--------------------+
1 row in set (0.35 sec)
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 27/03/2014, 19:40:46 UTC
Now BTC / DAY ?
We're at .00498 right now which is good considering we're above Wafflepool and CleverMining (as of this very moment). I expect we'll get a bit above .005 today.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 27/03/2014, 19:27:22 UTC
How much longer are we going to sit with this unexchanged balance?

The AUR is finally mature so it will exchange today.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 27/03/2014, 18:15:29 UTC
Whatever you are doing now you're doing it wrong profitability is below ltc and has been so for more than 24  hours.
Yep, fair enough. We've been very disappointed with the performance over the last day. We trimmed out some poor performing coins last night and things are much better today. We'll keep you posted.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 27/03/2014, 06:01:39 UTC
Been running cgminer and my avg hashing rate is 2.833Mh/s but combined accepted/rejected hashrate per your site seems to be hovering between 2350 and 2500Mh/s.  I'm fairly new to mining but having tried out Middlecoin, Cleverming and WafflePool for a couple days each, they all virtually nailed it.  Any suggestions as to why I'm coming in below and/or what to do about it?

What's your address? I'll take a look. If you could post a screenshot of your rig hashrate that would be helpful too.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 26/03/2014, 00:48:24 UTC
@coinshift
For example, now that i am writing this post, pool is dedicated 96.5% on AUR and 0.73% on DOGE and remains on others.
Since pool has 2.5GHash, 0.73% will be about 18Mhash. It is obvious that 18Mhash cant find any DOGE block. So i think the pool algorithm should consider coin's difficulty into it's dedication's amount too (i like to call it hashrate efficiency).
It is wiser that pool assign those 18Mhash to RDD or GDC since it can be more efficient on those coins difficulty [OR] assign enough hashrate to DOGE side.

What do you think?

That's a common question. Since finding a block is an independent random chance, you shouldn't slice up the hashrate and try to look at pieces independently across small time periods (in this case, the instantaneous DOGE hashrate). Statistically there is no benefit to maintaining some "minimum" instantaneous hashrate on a single coin.

We do manage the pool's "hashrate efficiency", but it matters only in aggregate across all the coins we're mining and across a longer time period. In other words, you should look at the weighted average of the coin difficulties, not any one coin. For example, imagine we had 2000 altcoins, all with the same difficulty as DOGE. We then allocate 0.05% to each. If you look at an individual coin you would think the probability of finding a block would be quite low. However, in aggregate, we'll actually find blocks quite often -- this is because the risk/reward ratio for each unit of hashrate is profitable.

Another way to think about it is thinking of it over a longer timescale. Instantaneously at some points it was .73% DOGE and others it was 80% DOGE, but over the course of the day it averaged out to 700MH/sec.