An update to the DigiHash.io mining pool backlog would be nice to have. Does anyone have any info?

Who runs that pool?

DigiTip or as I gather tipping people digital currency.... in the hopes that it will drive adoption... a gift to entice people to try say BTC or DGB.... to let people give a tip for articles or work already completed etc..  is a digital version of panhandling in my eyes.

I was skimming through the posts of this thread around the dates of mid April and I skimmed a discussion on trying to come up with a slogan. I was not too interested in a slogan for digitip but apparently that thread made an impression as I was sitting here in idle time thinking about DigiTip and I thought... rather than trying to find a slogan why not try to find a segment for DigiTip.   By segment I mean really pin point an area or industry that can benefit from Tipping and Micro Transactions that would solve a problem or provide a service for people while giving the experienced and experts in that segment a way to generate revenue.

Breaking apart Digi Tip an idea came to me..... Why not position DigiTip as a way for end users to get answers (Tips and Advice) to digital technology questions and concerns. That segment is pretty large and there is a big need for all kinds of advice...plus there is already a ton of already active communities that could benefit from monetizing the free advice they are giving. Take for example general tech help questions that people have... DigiTip could put them in touch with an expert that can answer their question.  To drive this home, provide a way for someone to purchase a DigiTip "card" (AKA a wallet) that is loaded with DGB. They then use this to pay for the DigiTip.

This creates a situation that adds a new level of value to DGB. Instead of buying some obtuse digital currency you are actually pre-buying access to experts that will provide you with solutions to questions about Digital Technologies. It breaks the mold of having value determined by exchange rates, network stats, and all the factors we use to try to communicate the worth of block chains and digital coins and establish value directly with the end user through the services they receive. If this could also be executed properly it would also break down the barriers of entry into obtaining and spending digital currency.

A $20 DigiTip card could represent 20 questions that can be asked of experts for example. How much time would it save someone if they could bust out their digitip card and get the answer to their in a timely manner?  Would it be worth $1.00 to them... Would the expert appreciate all the DGB? What if 1 DGB were $1.00... would't they like that?
 I know I would.

Lol just my luck...

That is a good record.

Regarding the other poster about cloufare... It appears they are using it.

I was halfway into my 24 hour test... lol   when the delay in payout started.  

Simply put I was going to take the 24 hour period and divide my total to get the hourly average.  No worries about the pool the biggest worry would be the website.  I trust it will get sorted out. I just wanted to put it out there that to be taken seriously an ALT coin needs to be on their  A game all the time.

Thanks for the reply. I don't really need technical assistance as I have been mining for quite some time and have mined DGB successfully but to answer your questions. I am pointing just under 2TH at Digihash.co
I am mining on SHA-256 total pool hashrate is just approx 8.69 TH on SHA-256. My hardware is working fine.

Might I suggest that if you are making changes to the website you do them in a dev environment and then go live once they are done. Taking a site offline for a long period of time is never good especially when people are still trying to trust digital currency in general.

From a new DGB user this is a bit concerning. I have been mining for about 3 days and already there are delays and problems. I know that technical problems occur but imagine if you will all the hype and marketing people do to attract attention and the moment someone decides to pull the trigger and try DGB the website and network is being problematic. It does not instill confidence... especially with the extended outage of the digibyte website.

Darn it is going to throw of my calculations. I was trying to get a feel for my average mining per hour.

Oh well... It will be a nice chuck all at once.

What is going on with DigiHash pool? 

28 Pending Sha-256 blocks....

On a possible fun note... The site is offline right now. Hopefully for an update? Regardless I have to agree with the statements that they are not obligated to provide detailed updates. Still it would be nice to know if they still anticipate Feb 24 as "the date." However nothing has happened to make me think otherwise. All this worry from people is self manufactured stress at this point in time. People are throwing in Cointerra as proof of this or that but in all reality Cointerra's production time frames really have no indication as to what we should expect from Black Arrow. I will just hang in and pass final judgement on Black Arrow on their ability to deliver the product they are building. 

At this point the company that does the best at delivering their gear as close to specs as possible and as on time as possible will become a leader in the industry for future gear. KNC has delivered, CoinTerra is delivering.. if Black Arrow can deliver on time then I think they will be at the top of the charts.

This would be consistent with what I saw this morning about 9 hours ago when I was able to last access the web site. When I went there the Rotational images were much larger than before. So much so that I though I had zoomed my browser in to 150%. Time will tell.
 

Well my order has been in and processed for months. Not much to do but wait. I guess that is my stance. Nothing I can do will make things happen any faster. Patience is a virtue and all the speculation from others is just their own impatience and fear getting the better of them.

What do you want them to post? Simply...... nothing has changed we are still on target... or we are behind.... Or just Hi.... What would that solve? I guess it might make people all warm and fuzzy inside. I think the best thing they can do would be.... 1.) Get the site back... and 2.) answer tickets. 3.) Post an update on their site. With that order being about right.

Well before everyone panics bear in mind that I was indeed on the website approx 6 hours ago and the site had been changed a bit with larger pictures. Additionally I was on their forums. There are many things that may be happening so I think it a bit premature to cry foul.

On a side not I have also noticed a strong push by their customer service individuals to address open tickets with them trying to corral all the "support" questions. Reading between the lines it would make sense to me that with 1 month to "shipping" this would be the time to ensure all tickets that might impact shipping get addressed. This would also leave less time for someone to come here and answer the same questions over and over and over.

Granted I have no more information than anyone else but I do know that answering question here would probably take a back seat to addressing they ones properly submitted on their official form or support site.

News is abound with large companies gearing up to accept Bitcoin. As supporters and consumers we should also gear up for actaully making purchases with Bitcoin. Probably one of the biggest things stopping BTC holders from paying for purchases with Bitcoin is that they don't want to lower the amount of bitcoin they hold and thus they hord their bitcoin. Well now is the time to put into action a simple solution so that you can pay with Bitcoin without having to lower the amount you are "investing." I will use Coin Base for my personal example but you can use any similar method that works well for you.

With Coin Base I have setup an automatic debit from my checking account to buy Bitcoins. The coin being purchsed are for bitcoin spending. To date I have mostly purchased gift cards with Gyft and then used those at checkout time. I now have a routine of checking to see if Gyft has giftcards for any purchases I need to make and I have come to establish an amount that I know I will spend monthly. To reduce risk of price flucuations to a degree I have setup the recurring purchase to take place weekly and for the most part I no longer worry about BTC price changes. The combination of gift cards and weekly BTC purchases really smooths things along. Now I hear that Net Flix may start to accept bitcoin and as an avid user of their services I am excited because if they do that will be a recurring transaction that I can divert to Bitcoin.

Anyone who looks into the process I am doing may realize that there are some "fees" involved with getting money into BitCoin and transaction fees and BTC price changes in the short term you may have a bit lower "spending" power then just paing with your "card" or cash... but as I said above it really does start to even out..

As I have progressed a more risky approach that I have taken is to move some of my monthly bills and recurring payments into BTC for a month at a time. Essentailly when it comes time to pay those items I simply transfer the funds back into my checking account. I do this simply as a way to boost BTC holdings and realize any price increases in the short term. Bear in mind though that should you implement this idea be cautious.. should BTC drop you may wind up loosing money. Don't do this if you cant weather the swings and accept the risk. Since I always pay more than the minimum due on credit card transaction I simply move the minimum credit card payment amounts into BTC each month and then back out when it is time to pay them.

On the side of non-bill items that are recurring I have, for example Net Flix, to date I have simply added subscription type services to the credit card minimum that I mentioned above because those items are currently being paid by credit card. However, If the rumor that Net Flix is preparing to accept BitCoin it may just be a matter of time before I transtition that subscription to a direct BitCoin payment. In the end it has taken a bit effort on my part to ensure that I maintain a minimum of 1 months worth of BitCoins to cover 1 month worth of "obigations" and I am now working to get to 2 months worth. In the end my goal is to have 6 monts worth of all monthly spending and obligations in bitcoins just like how they say you should have 6 months of your monthly income in saveings. Right now though that 1 month buffer feels pretty good. So good in fact that I dont even worry about BTC prices. Sure there may be another BTC crash but if that happens the worst case scenario is that I can just transtition to paying all those items traditionally until the price rebounds.

Bit Coin is now just a cog in my overal spending process and is allowing me to let my money work for me. Essentailly I have been able to up my BTC holdings quite a bit by cycleing as much as I have been conforatble with into BTC for a period of time. I am not confident enough to put my mortgage and car payments into BTC each month but once I hit that 6 months range you can be sure that those will go into the mix as well.

 

Hmm... there is a lot of speculation and misinformation in here as well as some good facts.

I think if we break it all down. People are worried that this pool is dishonest because of the double spend "attack" which I agree is not good. However, in perspective I do mine at Ghash.io and contrary to what others have said you can easily cash out BTC. I know that I have personally cashed out a ton of BTC with no difficulty. It is as simple and withdrawing BTC or setting up an "investor" with an external wallet and 100% payout. The pool fee is 0% as stated and indeed they have had some problems with orphaned blocks and at time there have been some minor issues where solved blocks did not pay out properly. However on those solved blocks not paying out... each and every time they were paid once the issue was resolved. As for support they appear to have an very adequate staff because each and every ticket I have opened has been resolved within an hours time.

There is also confusion in this thread about how CEX.io / Ghash.io operates. They do not sell the hashing power that is pointed to the pool. With that regard the pool operates just like any other. The CEX.io component allows users to buy hashing power along the lines of cloud hashing. The hashing power they sell is... as someone else pointed out... essentially a share of hardware they own/control. You pay a % fee taken at the time blocks are paid. This is how they make money and cover costs. While I obviously don't have access to their financials I am sure they are making pretty good money... just like many other pools where they charge a pool fee etc. All in all I really think that they are probably a profitable enterprise.

As a business owner myself I have to throw my perspective out there that I just can not come to a conclusion that they would be a "dishonest" pool looking perform some 51% attack or any other attack as it would ruin the hard work and effort they have obviously put into the business. This is not to mention that they would also have to have other pools join in for the 51% attack that people are in fear of.

The best solution overall to large pools and the fears of things becoming centralized is though competition. I have used several pools throughout my mining history as I am sure many people have. I have come to point most of my gear at Ghash.io because I like the added benefit of being able to add hashing power on demand. The ability to easily get hashing power is also contributing to the growth of this pool. As others said above new miners looking to get into the game can get started with fairly low barriers to entry. This directly leads to pool growth because many of those new miners are also buying equipment. It would be a logical assumption that any of these new miners with physical equipment will eventually point their gear to Ghash.io. They currently have what I would consider a major competitive advantage over other pools. There are two ways to temper this growth: 1.) Through competition for miners or 2.) Discredit them so that they are forced to go away. I wonder if that is the reason for this thread? To slander them out of existance.

All in all when reading the original post and subsequent replies I can't help but get the feeling that the initial post by the OP is more of a "witch hunt" than anything else and all the posts I see about scams and dishonest pools etc are really starting to scare me as a proponent of BitCoin. There was another thread about what people think is the biggest threat to Bit Coin. When I read that post I did not have an answer but now only a few hours later I do.

I think the Bit Coin community is the biggest threat to Bit Coin. Each and every day there are posts screaming SCAM here and Scam there. While I am not oblivious to the fact that there are scams occurring I think the vast majority of the claims are unwarranted. The more we cry foul as a bit coin community with conjecture and un-substantiated claims the less reliable and attractive the Bit Coin network becomes to the world. The more we cry scam and foul play the more attention we garner from Governments, Law Enforcement, and Media looking for a scandal. When the negative attention reaches a certain threshold we can expect massive government attention and regulation.

My advice is that we temper our claims of foul play across the board and keep unsubstantiated claims out of the discussions. Be vigilant to look into possible abuse but do so in such a manner that we don't permanatly mar the reputation of Bit Coin. If we want total Bit Coin adoption we can not be slinging mud in the streets as conventional banking institutions look down from their skyward offices as they laugh all the way to the bank knowing that we are going to implode without any additional effort on their part.

My Wire transfer payment took 7 business days to fully process. When it did my order was changed to Processed. I would not worry since you are still within the time frame. It can takeupto 10 days from what they told me when I opened a ticket with Black Arrow.

There really is no reason to suspect that ASIC Manufacturers would be effected. The only thing BTC related that they deal with regard to payments and it is still possible for them to cash out BTC. The  problem is that in China you cant deposit into an exchange.

No offense Zurg but you have had several statements. First you say that you ordered 1 then you say your order was screwed up when all you wanted to do was order a second unit for the same price as the first after the discount had changed. Now you are back to pulling out of the second order. Anyway... I think you were trying to get one over on them with the second order by complaining. In all honesty If I were Black Arrow I would not want to reply to your tickets either because no reply could make you happy.. you are just one of those customers that businesses dont want to have.

I am in no way affiliated with Black Arrow so my post should not reflect on them.

Comments regarding minimum orders and customer service. I am not affiliated with Black Arrow but I do own a business so I know a thing or two.

1.) The minimum order of 10 for the X1 is because they are now using a US reseller to handle the smaller orders. This is because it is a heck of a lot easier for them (The manufacturer) to ship in bulk rather then try to package each individual order.

2.) Regarding customer service: May of this questions have been answered by BA countless times and the repeat questions indeed do slow down customer service. Additionally people complain that they dont get responses to their questions but in many cases they are asking via an obscure message board thread. I assure you that any business has a hard time following all the possible ways people try to get in touch with them. These forums are NOT an official way to communicate with companines in general so dont get bent out of shape if you dont get a "reply."  Also thinks like Skype while nice are they are not efficient for dealing with the volume of questions the likes of which BA is getting.

3.) It is harsh but businesses are more focused on their actual customers first and not the general public. Thus replies to people that have already ordered will occur first and the rest as there is time.

In the end to help everyone out you may want to do some digging first before asking a questions because when you have multiple BA topics with some having over 40 pages of information the odds are that your question has been asked and answered multiple times. If it has not consider opening an official "support" request on the BA site and be patient for them to replay.

I have already paid for my BA equipment and I can tell you that they were very responsive to my questions and replied in an appropriate time frame.

To clarify a few things regarding 22nm and 28nm as well as ID for orders.

1.) They stated that if you do a wire transfer from an account that does not have your name on it they they may require Identification. This can help to eliminate quite a few potential problems such as: Fraud, Ensuring Payments are Applied Properly, etc... Even in the US we stores ask for ID when you write a check. I am not worried that they ask the same for a Wire Transfer.

2.) Re: 22nm and 28nm. They floated the question about 22 nm but also stated that they would focus on current design and worry about 22nm for the future. Seems reasonable that they would want to consider all options.

Observation: If you read through this entire thread you will see that it started out nice and neat with on topic questions and answers but as it progresses you can see how even the simplest replies from Black Arrow and other lead to all kinds of unwarranted speculations, off topic posts, and other posts that only create more work for everyone. Many of the questions asked have already been answered in the 30+ pages of posts but people ask again anyway. It would indeed be nice keep things simple and too the point.