bump for the weekend

If you're interested in scrypt mining, take a look at Progressive Altcoin Mining as they are selling cloud based mining plans for when the ASIC hardware hits the market.
http://www.progressivealtcoinmining.com/?ref=PAU2038

They are the same group who run Progressive BTC Mining since late 2012 and they've done everything they said they would and have been very helpful and responsive to questions and whatnot. I've been a PBM member since Nov 2012 and ive been very happy, and in the spirit of being open, i've been helping them build the PBM website and also the new PAM site.
The sites aren't wonderful, but its effective and informative. The new PAM site is still a WIP though, but its coming along nicely and once a few bits & pieces are sorted then members will be able to access their account and verify everything (emails confirming the purchase and user info are sent too).
Their forum is helpful too, and only spam post have ever been deleted (i have admin rights, so i can tell), we've never had customers complain or even argue, which i think speaks to the way the bitcoin project has been run. The Altcoin site uses a much less complicated solution, working on the sale of a fixed hashrate, compared to PBM which took far too much effort to explain (to the extent im not bothering in a PAM site, but feel free to look).

They also have a referral bonus, so if you're interested please use my referral code. There is a 5% bonus for using the referral, which goes to both parties, so if you purchase a 1Mh/s 1 year plan, then you'll receive 1.05Mh/s, and i'll get a bonus of 0.05Mh/s also.

The referral is tied to the url, so use it, dont use it. But we'll both get a small bonus if you do.
http://www.progressivealtcoinmining.com/?ref=PAU2038

I can help answer any questions if need be as i know the ins and outs, or email them from the website.

PaulC2K

Thats pretty much what im wondering.

Assuming that the GH associated with your account is your own, then what you earn from them mining is less than the value the GH has dropped in that time.

185GH mined for 14 days gave 1.00xx btc

Dec 10th - Opened at 0.0734/GH, value = 13.579
Dec 24th - Opened at 0.0628/GH, value = 11.618 + 1btc mined

So in 2 weeks its gone from 13.58 to 12.62btc, a total of approx 15btc has been put in there since mid Oct, all funds being reinvested into GH until Dec 10th.
So that 15btc and all the funds CEX mined, has given 12.6btc all-in if cashed out today.

Theres just no logic to the pricing on there, while the likes of ebay has seen hardware prices double because of the BTC/USD rise, and conversely the network difficulty goes up 20-30% every 10 days, the CEX price doesnt give a hoot, its in a little universe of its own. Im convinced the only people who are making money are CEX and those who've whored themselves out on forums plastering referral codes and so-on and havent got a cent of their own money in there.

Thanks for that Kris, thats spot on.
I also appreciate you adding the additional json custom code, saves me needing to come back and ask about that if i needed such info adding.
Sadly i doubt it'll be the last you'll hear from me on the subject, but i really appreciate you taking the time to point out what im missing.

Are you able to comment on the holding of USD on the account, without a bank account being on record? If we can take payments in btc, automatically converted to USD which held on the account for a short period of time, and then place a buy order to convert it to BTC when we're ready to transfer the funds, then this service would be perfect for what we need.

I've got the timer enabled, not quite how i'd have wanted it to be honest, i'm calculating the btc price based on its current value, so if i want $500 in BTC then i'd ask for 1.23btc, but in 10min it could be 2.34btc, and i asked for $500 in btc.
That said, if i accept the payment in USD, do you require a bank account on record, or can i hold currency then when im ready place a BTC buy order and transfer the BTC to another wallet? Bitpay dont give me that option, which is one of the main reasons im seeking an alternative. I've looked in the buy/sell area and im not entirely sure if ewallet means btc wallet, but being able to convert to fiat then back to BTC when im ready, is what im looking for.


The iframe issue, are you saying i need to use CURLOPT_URL => 'https://bips.me/api/v1/invoice/iframe', in order to enable it, as there doesnt appear to be any difference when i use that, theres still a 110px space at the top.

Essentially, what i have is this:

Infact, just viewing the invoice.php file, that takes me to your site and theres a great big empty space at the top. Looking at the code, theres 3x
in there, but i guess thats because im not doing what your suggesting, i just cant understand how else i'd do it from what you've said.

Kris, i've just quickly thrown something together and im actually getting something now , however it doesnt appear to be quite the same as the image advertised. I set the iframe to 640x260 as implied on the API page, but ended up having to adjust that to 640x420 to get everything in, with around 110px of nothing at the top, and there doesnt appear to be any 'valid' timer.
Is this something which needs to be implemented within a cURL options? There doesnt seem to be much covered in the pdf.

Hi Kris,

Thanks for clarifying that, i'd made the assumption based on what i'd seen within the invoice section of the site and it felt to me like this would be a merchant side invoicing solution, maybe it is, but the invoice API doesnt follow that same approach. i think when i tried just using the example info with my API it told me there wasnt an invoice, or it was an invalid invoice or something, so that just seemed to confirm it was something where you'd issue an invoice and the API would then process it.

I'll see what i can make of the pdf and a bit of time trying stuff, im in a bit of a hurry because having just set up the basics with Bitpay im rather unimpressed, not entirely sure BIPS is better on those aspects, but im unimpressed enough to try it.

Paul

Hmm, thats a tiny bit of progress in terms of getting information. All i get from $output is stdClass Object ( [status] => Insufficient funds )

There are no funds, but then i wasnt aware i was asking it to tell me about the funds, i'd assumed i was trying to send 1btc to the address.

What im looking for is this:
https://ie.bips.me/includes/embedded.png
The contents of the iframe which will process the payment using the settings defined within the example code. What am i missing?

I assumed the invoice example is used to issue someone an agreed invoice, or is this what your calling the standard payment processing system? Im basically looking for something to process the payment from a shopping cart, as shown in the above image, so the total cost of the transaction and the information for it would be based on the users decisions. From what i can tell, the 'invoice' area isnt for this, and i'd assumed the invoice example tied to the issuing of invoices.

Is there anyone who has used their API with php who would be able to explain to me how to take their example and actually get something to present itself on a page.

I've tried the example:
while using my 'sendto' API key, and i just get an empty page.

I basically need to be able to build something similar to their first screenshot example, the embedded invoice, for a shopping cart type setup. I can cope with the contents of the users order, and calculating a total, however unless i can figure out how to present the user with a payment system for that order im not going anywhere.

Can someone assist me with just the information which would turn the above into a payment processing screen for the 1btc to '1AGRQLxMmYEbBCGHaTEanSLXZnfzsGVTDF', no additional info, just display the screen asking me to send funds to the address to complete the purchase. I should be able to figure out how to send the actual info i need myself, but its all pointless if i cant understand why the example doesnt work as its provided, something else must be needed surely?

It seems like its a fairly regular occurrence, when i came here on the 29th it had been running correctly since SuperP had posted, but it wasnt working at the time.

As with then, its not working now either, saying it hasnt been updated for 6 hours.

Sadly, if the information isnt accurate it isnt much use to me, which is a real shame because i was hoping it'd help me get a reputable live btc price, but if the information its reporting isnt the live price and i'd never know without keeping an eye on the site, its usefulness as a dependable service is slim.

Hopefully its reliability will be addressed soon, because it seems like a decent service if its working.

I cant speak for the other guy, but i'd have no issue mining there, even with a outstanding debt owed, if i knew what i was mining at the time was at least being credited and paid.
Im part of a collective of members in ProgressiveBTCMining.com and they were using 50BTC with a 0.5btc automated payment set up, and it accumulated a little over 2.5btc (2.75 ish) before it became obvious it was a bigger issue than they'd been claiming and just like everyone else those funds are in a frozen payout queue.

Now, i'd be willing to agree to return to 50BTC, trusting them to pay their obligations to their users when they can, while returning to the PPS system and paying out as requested. It wouldnt be my decision, but i'd vote that way.
Obviously, the issues they have make this a non-starter for them, if they've got some sort of vulnerability with how they've set their PPS system up then they shouldnt return it, and because they cant offer PPS, i feel no rational obligation to mine their over any other location and i dont think thats unreasonable.
I know for a fact we'd return if things went back to normal (a fool-proof, un-exploitable version of normal) with PPS, although *if* they refused to pay out their existing obligations (legit ones) that might be a different matter, and i suspect most people would have no trouble returning.

Would i put my own hashrate in their direction with uncertainties hanging over them, sadly not. But when those disappear, i'd have no issue.
PBM has a loyalty to its members first, and 50BTC is already holding some of our funds, i wouldnt be impressed if they started moving their hashrate back, prioritising loyalty to 50BTC before its members.

Sadly this is all business, 50BTC is a business, it profits handsomely from offering a popular service, and what it earns it deserves. But when its not offering that full service, people will find an alternative service. Its not unreasonable behaviour. I honestly wish them a speedy recovery, but i'd be using their 'rivals' (aka 'evilpool' ) while their service isnt being offered to an acceptable standard. Its honourable if people want to stick by them, but i doubt many are keen to continue stockpiling funds they cannot access and action on.

@CEX

I registered last weekend and was very unimpressed, i was sent there by a friend without really knowing anything and just assumed it was in early beta, because the site is like 90% empty, unpopulated.
I mentioned this to said friend last night and he gave me his login so i could see what its about, but again, empty. Firefox, Chrome, IE... empty.

I fired up my remote connection into my homeserver and tried through that, and its all there as i'd been told it was.

I've just found out that Malwarebytes is basically blocking your site, i used Firebug to look for errors and this seems to be what is picking up on:

ReferenceError: io is not defined
var socketio = io.connect('https://ws.cex.io/');
www.cex.io (line 527)

What is thats going on there which is causing MB to block your IP address, and (before adding to ignore list) basically turn your website into a content-less waste of space when visiting it.

Yeah i get that bit, but im collecting the data for ProgressiveBTCMining.com and their members, so im accessing the API on the hour to get an update, and the data reported its not really accurate to what we've provided the pool. Its only going to tell me the PPS value of the blocks solved in that hour, which could in theory include a block which has taken say 6hrs to solve, therefore registering 6x what it's really earned, and the 5hrs previous come up empty. My experience of PPS doesnt match this experience, its like a poorer version of it, it might give the same income but its lacking 1 aspect that makes it valuable to me, live reporting of every share mined that hour.

As i mentioned, is this method of processing the PPS reward the intended method, or is it too a beta version, and a 'live' version will be implemented when you get to it?
As it stands, ive built the API parsing script to access the information needed, yet we're still sticking with Slush's which is where we've been since 50btc had problems, and the luck they've been getting hasnt given us a reason to leave yet.
Basically im just trying to figure out what to suggest our group uses, and find out whether the PPS system as it stands is how it'll always be, because the main benefit for us of PPS is live reporting, and thats not available here at the present time.
Im just writing basic scripts, and reporting back to the admins, they'll make the decision and ask the members whether to switch our 1st choice pool to this private one, but 5% PPS with block based updates kinda blows tbh.

Am i undestanding this correctly, the PPS system only credits when a block is solved, you're still earning as normal, it just doesnt register as a confirmed reward? Could it not at least register as unconfirmed by any chance?
Also, if im understanding it correctly, is this how it'll always be or is this just part of the beta phase and PPS reward only been available for a few days.

Im just looking for something which will give me correct hourly stats, and if a block isnt solved that hour doesnt come back telling me 0btc has been earned, the benefit of PPS to me is live earnings, or at least them being reported even if i cant withdraw it. Theres probably merits of the existing system, im not interested in arguing right or wrong with it (because i dont believe you opted to do it 1 way without considering its merits and my opinion holding any sway), it just happens that it really doesnt benefit our (our groups) needs because it ultimately looks no better than PPLNS where theres only sign of income when a block is solved and 0% vs 5% kinda negates the guarantee vs luck because even with a not so great time the lack of fee softens the blow, but good luck is even better. The main reason for PPS, for 'us', is a fairly fixed hourly income rather than erratic reporting.
So im not disputing the decision, just wondering if theres any point in me using PPS over PPLNS really if both will report no earnings from time to time, and if this is the intended end setup for PPS or just a temp solution.

Hi,

I've just registered and having a look at the API as i need that sorted before any miners are put onto the pool, and apparently im being a nuisance already
Im hitting the workername limit, because of a long registered username length basically, im assuming the db limit is 25char, and being the nuisance i am, i need 26.

I've tried settings > user name, and abbreviating the username to 3 char, but the workername persists with the original user name before it.

Is there any chance of extending the workername length, infact ideally i'd rather have the [username].[workername] part being abbreviated seeing as the login is done by email addr and i can put a full name into the 'settings > user name' but for display purposes, but im certain this is a deeper setting than we have access to as members.

Very impressed with the setup though, its clean and looking very positive going forward.
I'll go back to my cave and be quiet now

-- edit --

I've just come back to mess a little more on the site, added a 2nd worker and its using the shortened username. So it seems an existing workername doesnt update the username part, but newly created ones use the current data. So thats not too bad, however i cannot find an option to delete a worker. Hide is there, but delete would be preferred if that could be added to the development list, till then hidden isnt going to cause any problems.

Could someone with a bit of knowledge of this pool explain to me a little about the API?
Im trying to monitor the generated BTC once an hour, and unlike most pools i'd use theres no total paid out value in there, and im struggling to understand which specific stats i want to be using to get an accurate measurement of income.

Currently im using 'confirmed rewards', and im running a check on the last db entry to see if that figure has decreased then it must have meant a payment has been sent, in which case i increase the db's total payout to += 'send_threshold'.

I thought that would be correct, however about 2hr ago my db stats went from:

16:00 UTC
Confirmed: 0.31413209
Total Payout: 0.00000000
Hourly update: 0.00000000 (no block solved)

17:00 UTC
Confirmed: 0.04204677
Total Payout: 0.25000000
Hourly update: -0.02208532

18:00 UTC
Confirmed: 0.13160902
Total Payout: 0.25000000
Hourly update: 0.08956225

Now, this has happened because rather than simply paying out based on the threshold, its paid more (0.31), however there doesnt appear to be anything in the API which tells me there has been any payment, and it means my attempt to code something in to respond to the fact that there isnt a total paid out statistic, is completely useless because if it sends 0.31btc i only know this by manually looking, and i have to go fumbling through the database to fix this.
Has anyone found a solution which allows for the funds to be properly monitored, i genuinely thought with the 'send_threshold' it'd work, but its not much use really, its just another snippet of information rather than being a valuable means of circumventing the lack of 'total_payout' on the account & API.

I'll pay you what you paid for it (sub-$700), plus 0.42btc, a little extra for your trouble.
See, wasnt all that hard was it, now everyone is happy and you profit too. No need to thank me.

Figured i'd give it a try, put each one in separately and powered it up, as well as alternating the PCI-E plugs, and always get hardware errors.
I guess this is their way of saying its over for me and GPU mining.

They've been fine during gaming, so ive no reason to believe they've had a significant failure, but clearly something isnt happy in there. Oh well, thanks for the suggestions anyway.

I've recently started getting 100% hardware errors, and ive no idea what to do.
Ive used driver sweeper to remove the AMD drivers and reinstalled them with reboots each time, and the hw errors tally is the only thing moving.

I've been using the same settings for quite some time, but ive removed them and just used the username/password/port and still get the same thing. I have 2x 6870s and mine each individually, and both are doing the same thing.

Can anyone offer any insight as to what the cause may be?

Quite a bizarre question really.

If everyone got their coins back tomorrow, whats the incentive to 'panic sell' them?
If i'd lost $10k, then found it down the back of the sofa a month later, i dont panic spend it.
I understand the issue IF everyone panic sold, but i dont see what the incentive would be to do so, purely because you got them back.


A lot of this whole sub-forum seems to be a waste of time at the moment, theres people desperately trying to jump-start the market, and others trying to crash it. Theres few opinions which arent bias to their opinion. People saying they'll only buy coins when they're back at $15, they wont buy them at $10? I'd love to know who those people are, cos i'll sell them BTC at $15 a pop now if they really want that!
Likewise the folks saying they'll only start buying at $1 however i'll let someone else offer that trade.
Whether this thread falls into trying to spread doom/fear ive no idea, but im giving peoples opinions less worth/value because sometimes they feel agenda driven.

For transparency, im mining to sell, only 600Mh/s or 0.3BTC/day, very much minor league . But most 'opinions' at the moment, in this sub-forum at least, are bias and agenda driven. Not worth a damn.