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Showing 2 of 2 results by Magicolo
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Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
Magicolo
on 17/02/2014, 23:15:13 UTC
poolwaffle, what can you tell us about the 'guy' which has 4GH/s speed???

i want to know that too...
4gh is huge dude..its almost x550 r9 280x :|

i think 550 280x's would be roughly 418 MH, this guy is pushing some serious weight in the 4-5GH range


i missed 0 Cheesy
i meant 5500

but anyway its growing ...now its 5.76 GH/s
impresive

Must be a crazy bitlionnaire who suddenly decided to buy 7000 graphic cards......
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
Magicolo
on 10/02/2014, 21:18:38 UTC
Not to derail this (definitely important), but another major thing we need to discuss is Cryptsy.

Most of our current trading is done through cryptsy, since they provide an API that lets us do (almost) everything we need to do (deposit, check balances/prices, trade).  The only thing that has to be done manually is to withdraw BTC each day for payouts.

They've however, gotten slower and slower over the past days, to the point that we have ~2btc in Elacoin that still hasn't shown up (>1500 confirmations), and ~4 btc in Dogecoin that haven't shown up (>300 confirmations).

I've halted sending new amounts to cryptsy for now, as I don't want to have any more in limbo, and have started looking into what it would take to manually trade on another exchange.  Unfortunately, none of the exchanges support all of our coins (or even most of our coins), but we can always split them to multiple exchanges.  This again brings up the risk of taking time between earning coins, and being able to trade them (manually), but that seems like less of a serious detriment as cryptsy is causing the same issue (we send coins, and don't get to trade them for a many hours).

Here are the exchanges I've found, and what of our coins they support:
Vircurex:
DGC, DOGE, LTC, WDC

Bter:
LTC, BTB, CNC, DGC, DOGE, MEC, NET, TAG, WDC

MCX:
LTC, FTC, MNC, WDC

CoinEx:
CAP, CAT, DGC, DOGE, FTC, LKY, LOT, LTC, MEC, MNC, MOON, PHS, PXC, WDC

CoinsE:
ALF, DOGE, ELC, FTC, FRK, GRD, GLC, LTC, MEC, NET, SBC, SPT, TAG, WDC


CoinEx/CoinsE look to have the most matches, but for our speed, the depth is a joke (many coins sub 1 btc bid depth).  Not sure trading there is even worth it (we'd destroy their depth super quickly).

Anyone have any ideas on other exchanges that have better depth?



For what it's worth, you might want to take a look at this article: http://www.cryptocoinsnews.com/2014/02/05/cryptocurrency-exchanges-steal-just-badly-built-keep-away-bter-com/
Bter might not be as trustworthy as we would like them to be...