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Re: FPPS or PPS Pool with instant same day payout (Recommendation)
I can't really seem to find any information about viabtc offering FPPS, only PPS and PPLNS.
Viabtc offers PPS+ which is the exact same as FPPS, ignoring which order of letters makes the most sense, they both mean you get paid per share and miners (you) keep the fees, keep in mind that most pools if I am not mistaken (including Viabtc) pay the fees in PPLNS and not PPS, but the block reward itself is paid in PPS structure if anything remains unclear google or ask.
With about 6 Exa hashes per second, Slush finds +10 blocks a day, so they do more than daily payments.
Some people like myself look for PPS pools, not for the daily payouts alone, internet, and power stability are huge factors in determining what payment method one should use, I have used Slushpools with a few gears I had in a place with stable internet and electricity and I can safely assume it's one of the best if not the best PPLNS pool out there.
Edit: Slush pool uses a modified version of PPLNS, it's not like most other pools, but it's more PPLNS than PPS.
I would like to add a slight clarification.
PPS+ and FPPS are not exactly the same.
PPS+ means that the block reward will be paid theoretically but the transaction fee will only be paid when they find a block. This also means that your rewards will vary slightly as the transaction fee will differ between each block.
For FPPS it will pay the block reward AND the transaction fee theoretically. How each pool calculates the “theoretical” transaction fee will differ. At NovaBlock, we take the average over the past 24 hour period to ensure it is fair.
This is why you could find some discrepancies between earnings in pools everyday.
Re: FPPS or PPS Pool with instant same day payout (Recommendation)
I can't really seem to find any information about viabtc offering FPPS, only PPS and PPLNS.
F2pool on the other hand seems like a good alternative. 315TH or more should be doable for me looking forward.
I will take a loot at novablock after the weekend, though I currently would prefer joining a rather large pool.
Furthermore I think I may have misunderstood the 48 hour warning from BTC.com
Their support told me that this only applies when a payout wallet is changed. If this is true I will gladly stay with them (unless anybody can give me good arguments why I shouldn't?)
Thanks to all of you for your further suggestions!
F2pool on the other hand seems like a good alternative. 315TH or more should be doable for me looking forward.
I will take a loot at novablock after the weekend, though I currently would prefer joining a rather large pool.
Furthermore I think I may have misunderstood the 48 hour warning from BTC.com
Their support told me that this only applies when a payout wallet is changed. If this is true I will gladly stay with them (unless anybody can give me good arguments why I shouldn't?)
Thanks to all of you for your further suggestions!
If you are joining a pool paying FPPS/PPS+, there shouldn’t be a need to join a larger pool since they will pay you based on theoretical amounts of blocks they should be finding each day.
Since establishment in August 2019 we have been able to grow to 1.73 EH and hope to grow larger, we would love for you to be a part of this.
PM is always open to people interested in joining.
Re: FPPS or PPS Pool with instant same day payout (Recommendation)
Hi!
NovaBlock is a North American mining pool that offered NovaPPS+ payouts(similar to FPPS). We can offer you lower rates than Slushpool and also provide the consistency that you are looking for.
Please PM and for further details. I would like to learn a little more about you and then I can provide an invitation code thst would reduce your pool fees.
Hope you join us at NovaBlock!
NovaBlock is a North American mining pool that offered NovaPPS+ payouts(similar to FPPS). We can offer you lower rates than Slushpool and also provide the consistency that you are looking for.
Please PM and for further details. I would like to learn a little more about you and then I can provide an invitation code thst would reduce your pool fees.
Hope you join us at NovaBlock!
NovaBlock has reached 2130 PH and become one of the top 10 public mining pools in the world!
The pool fee has been updated from 2.5% to 3.5%, but for members of Bitcointalk, you can reach out to us directly for lower pool fees. Clients with large hashrate are welcome to join and we can provide custom offers.
We thank everyone for the ongoing support as we look to become the top mining pool in North America.
Mine on!
The pool fee has been updated from 2.5% to 3.5%, but for members of Bitcointalk, you can reach out to us directly for lower pool fees. Clients with large hashrate are welcome to join and we can provide custom offers.
We thank everyone for the ongoing support as we look to become the top mining pool in North America.
Mine on!
Hi Steamtyme,
I just wanted to thank you again for reviewing our pool and ensuring that you provided valuable feedback and comparisons to other pools.
We hope to be the largest mining pool in North America by 2020 and hope you join us to reach this milestone.
Please see answers to your questions in the main Novablock thread here: https://bitcointalk.org/index.php?topic=5183959.100
I just wanted to thank you again for reviewing our pool and ensuring that you provided valuable feedback and comparisons to other pools.
We hope to be the largest mining pool in North America by 2020 and hope you join us to reach this milestone.
Please see answers to your questions in the main Novablock thread here: https://bitcointalk.org/index.php?topic=5183959.100
⭐ Merited by frodocooper (5)
First of all, hello everyone. We are back from WCC and catching up to our messages, following up with people that we met. Great to meet anyone that attended and hope we can work together in the future.
We got to develop lots of partnerships and relationships while we were at the conference. When we finalize these, we will pass on the savings to you.
Additionally, we wanted to note that for our referral program, we will be accepting referrals of clients of around 1 PH in size. With the referral bonus, you may choose to have fees reduced or commission paid out. This means you have multiple methods to decrease your fees and increase your profitability.
We have also discussed a PPLNS option that will be available if we can get enough support (500 PH), we are in discussions with mining farms to see if there is interest. We can't promise this feature will be available but know that we have it on our radar. Our PPLNS fee that we implement will be in the 0.5 - 0.8% range if we implement it.
Hi Freemine,
1. Merged mining has been active since our post on October 18th, the setup guide is on page 5 of the thread.
2. We will provide support to any merged mining coins that receive enough support. Currently the only popular one that was requested was NMC.
3a. Worker area refresh is already added, I am unsure if you want something live or with a higher refresh rate but we think it is currently good.
3b. We do not see the need for a block indicator because our payout method is not dependent on blocks found. If we open our PPLNS section of the pool, we will add this feature
4. Our calculation method can be found in the image below.
https://imgur.com/a/0ebr4Gc
Hey Steamtyme,
Thanks for doing this review on our pool, we hope that it was an enjoyable experience. We will take your review into consideration.
To answer your questions in the review:
1) As mentioned above, if a worker name is incorrectly entered I would expect the pool to reject the shares. This will help miners notice an issue, and is a more honest way of doing business.
- I have brought this to the attention to my technical team and will suggest we fix this immediately.
2) When merged mining is implemented, either cash out the coins yourself and provide miners with an equivalent BTC reward. This would be beneficial for those that don't want the hassle of selling these coins. Convenience is key.
- I will discuss internally with the team if this can be added.
3) Implement the example of what your miner should look like somewhere visible on the dashboard. This could be a generic mock setup including the Stratum address, Miner setup, and password.
4) More clarity on what the the transaction portion is in your PPS+ system. Is it set in stone or will it adjust if transaction fees increase? There have been several times in the last few years where the transactions add 10-20% reward for the block finder. It would be nice to know you get a piece of that, should it happen.
- Please see the link here for details on how we calculate the transaction portion of our fee. It is not static and changes. https://imgur.com/a/0ebr4Gc
5) Leave your fee at 2.5%. This will provide you with a great advantage over other pools.
- We plan on having special fees for our Bitcointalk members, so please stay tuned. Keep in mind that the large pools that use a similar payout method (FPPS) generally charge 3% - 4%, this is due to the additional risk that pools take on.
6) My biggest advice would be to offer PPLNS with a lower fee. Your pool is a good size for that and it is a very attractive feature to many miners, especially if you a large enough to reduce variance.
- This is a possibility, we are currently discussing interest with larger farms. If a large farm is interested in it, we will open it up to our smaller users also.
Stay tuned for exciting announcements we will be having in the near future.
We got to develop lots of partnerships and relationships while we were at the conference. When we finalize these, we will pass on the savings to you.
Additionally, we wanted to note that for our referral program, we will be accepting referrals of clients of around 1 PH in size. With the referral bonus, you may choose to have fees reduced or commission paid out. This means you have multiple methods to decrease your fees and increase your profitability.
We have also discussed a PPLNS option that will be available if we can get enough support (500 PH), we are in discussions with mining farms to see if there is interest. We can't promise this feature will be available but know that we have it on our radar. Our PPLNS fee that we implement will be in the 0.5 - 0.8% range if we implement it.
so , nova , can you answer the following
1. when will merged mining go through,
2. do you plan on doing any other merged mining coins other thank name coin (vchash, or Elastos )
3. when will the requests/improvements to the site begin to be seen
a. worker area refresh.
b. block indicator on graph
4. lastly i would like to ask for a detailed breakdown on the rewards section,
just to show us how the reward was reached. ***Ex your rewards = 77.36 th @24 hrs = x fee= 77.36x 0.000018xxx = 0.0000024xx ***
****THE ABOVE IS JUST AN EXAMPLE , I KNOW THAT IS NOT THE CORRECT FORMULA, JUST USING IT AS EXAMPLE ***
Thanks,
FM
1. when will merged mining go through,
2. do you plan on doing any other merged mining coins other thank name coin (vchash, or Elastos )
3. when will the requests/improvements to the site begin to be seen
a. worker area refresh.
b. block indicator on graph
4. lastly i would like to ask for a detailed breakdown on the rewards section,
just to show us how the reward was reached. ***Ex your rewards = 77.36 th @24 hrs = x fee= 77.36x 0.000018xxx = 0.0000024xx ***
****THE ABOVE IS JUST AN EXAMPLE , I KNOW THAT IS NOT THE CORRECT FORMULA, JUST USING IT AS EXAMPLE ***
Thanks,
FM
Hi Freemine,
1. Merged mining has been active since our post on October 18th, the setup guide is on page 5 of the thread.
2. We will provide support to any merged mining coins that receive enough support. Currently the only popular one that was requested was NMC.
3a. Worker area refresh is already added, I am unsure if you want something live or with a higher refresh rate but we think it is currently good.
3b. We do not see the need for a block indicator because our payout method is not dependent on blocks found. If we open our PPLNS section of the pool, we will add this feature
4. Our calculation method can be found in the image below.
https://imgur.com/a/0ebr4Gc
I have completed my 1 month review of the pool. Here is the review link again for anyone who missed it. I only took into account BTC earning for this review. This is my earnings spreadsheet for anyone to review. My final post in the review has my recommendations to improve the user experience.
Novablock - Thanks for the opportunity to review your pool. I hope you find this was done to your satisfaction. Please let me know here, my review thread, or via telegram if I left anything out.
Novablock - Thanks for the opportunity to review your pool. I hope you find this was done to your satisfaction. Please let me know here, my review thread, or via telegram if I left anything out.
Hey Steamtyme,
Thanks for doing this review on our pool, we hope that it was an enjoyable experience. We will take your review into consideration.
To answer your questions in the review:
1) As mentioned above, if a worker name is incorrectly entered I would expect the pool to reject the shares. This will help miners notice an issue, and is a more honest way of doing business.
- I have brought this to the attention to my technical team and will suggest we fix this immediately.
2) When merged mining is implemented, either cash out the coins yourself and provide miners with an equivalent BTC reward. This would be beneficial for those that don't want the hassle of selling these coins. Convenience is key.
- I will discuss internally with the team if this can be added.
3) Implement the example of what your miner should look like somewhere visible on the dashboard. This could be a generic mock setup including the Stratum address, Miner setup, and password.
4) More clarity on what the the transaction portion is in your PPS+ system. Is it set in stone or will it adjust if transaction fees increase? There have been several times in the last few years where the transactions add 10-20% reward for the block finder. It would be nice to know you get a piece of that, should it happen.
- Please see the link here for details on how we calculate the transaction portion of our fee. It is not static and changes. https://imgur.com/a/0ebr4Gc
5) Leave your fee at 2.5%. This will provide you with a great advantage over other pools.
- We plan on having special fees for our Bitcointalk members, so please stay tuned. Keep in mind that the large pools that use a similar payout method (FPPS) generally charge 3% - 4%, this is due to the additional risk that pools take on.
6) My biggest advice would be to offer PPLNS with a lower fee. Your pool is a good size for that and it is a very attractive feature to many miners, especially if you a large enough to reduce variance.
- This is a possibility, we are currently discussing interest with larger farms. If a large farm is interested in it, we will open it up to our smaller users also.
Stay tuned for exciting announcements we will be having in the near future.
I would love to try your pool. But since my only S series unit is now defective and being serviced, and one unit is yet to come in November, I cannot use your pool as all my other miners are Z series.
Hello Favebook,
Whenever you are ready to try our pool we would love to welcome you.
Just message us when you have some machines! Pass this message along to all your friends so everyone can be more profitable!
There is no such thing as a no fee PPS pool.
... of course there's the obvious fact that they have to charge a fee or the expectation of them going broke is VERY high.
But irrelevant of that, no PPS pool charges no fee.
... of course there's the obvious fact that they have to charge a fee or the expectation of them going broke is VERY high.
But irrelevant of that, no PPS pool charges no fee.
Hi Kano! Of course, pools are unable to run without fees. The normal pool fee for NovaBlock is 3.5%, this is currently reduced to 2.5% for the first 2000 PH. We also OFFER the chance to get 0 fees if you provide us a review or some feedback.
The payment model we use is NovaPPS+, this method aims to benefit miners because the total payment we send includes the standard block reward as well as a standard transaction fee, maximizing profitability.
So ... how much you paying Phil to get him to convince people from other pools to come here?
With all new products, there is a need to verify and test them. In exchange for reviews, feedback and support we have offered a reduced fee to select individuals.
We are in no way looking to pay for reviews but we understand that in order to maximize our reach and gain new clients, we need to be competitive. After they join, we expect them to stay with us due to our convenience (smart software for setting up workers, intuitive web interface and app interface, ETC), our increased profitability and our steady payout system.
We look forward to working with everyone and are glad to be part of this community.
To everyone else:
If anyone is interested or has any questions regarding our pool, please dont hesitate to contact us.
Please send me a PM or email me at vincent.v@novablock.com if you are interested in testing out our pool. We prefer senior members of the community and will offer 0 fees for a certain time period. Additionally, we can offer a permanent reduction in pool fees based on your review. We have a review guideline that can be provided.
NovaBlock, The Most Profitable Mining Pool
www.novablock.com
www.novablock.com
NovaBlock, the most profitable mining pool. Come mine BITCOIN with us.
The stable hashrate of NovaBlock mining pool has reached 700PH/s only in two weeks and the number is still growing. Here is what makes NovaBlock mining pool special!
Why NovaBlock?
First-class security & higher stability
Promising reward & lower fee
Top-notch support & the best service
Most profitable rewarding system
NovaBlock uses NovaPPS+ rewarding system. The system bears the risk and maxes your profit. Bad luck will never affect your profit.
AND, when you are mining, do you know there is a transaction fee reward except for the block coinbase? You deserve it and NovaBlock pays it!
Want to know more about NovaPPS+?
https://novablock.zendesk.com/hc/en-us/articles/360027197853-What-is-rewarding-system-
What do we have for you?
1. User-friendly interface
2. Weekly report
3. Mining profit calculator
4. Profit ranking for mining machines
5. Firmware update
6. Smart monitor
7. Virtual agent
8. App
A chance of FREE MINING for our first 2,000PH/s hashrate
The first 2,000PH/s hashrate connected to NovaBlock mining pool will have a chance to enjoy FREE MINING with NovaBlock! Only you need to do is to send us an email (support@novablock.com) with your registered account, about what do you think when using NovaBlock. We will contact you if your ideas are great, and set your pool fee to ZERO until the pool hashrate reaches 2,000PH/s. From 700PH/s to 2,000PH/s, we do not expect it will take too long.
So, grab the chance AND JOIN US TODAY!
With all the features and promotions above, why not joining NovaBlock now and find more: www.novablock.com
You can also follow our Facebook @novablock mining pool, Twitter @nova_block, and Instagram @novablock_mining_pool to keep updated with cryptocurrency related news and tips.
If you have further questions, dont hesitate to contact us: support@novablock.com