[ANN] Falcon Burst Pool
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@rnahlawi nice grats on your block.. @falconCoin i posted this in the facebook page i manage :)
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can we use the website in the wallet mining window instead of the IP?
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@haitch why are seeing missing blocks?
and no matter how many times i try and click on the wallet address this page will not load
https://block.burstcoin.info/acc.php?acc=BURST-UTS4-HPFZ-XJHL-B9BB2
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@darindarin said in [ANN] Falcon Burst Pool:
can we use the website in the wallet mining window instead of the IP?
Hey Darin,
I am - I'm the mini minerin your pool - I'm running the AIO wallet ver 1.6 something (I know theres a 1.7 out there now). The answer is yes - the only difference is, you place the IP into your mining addy, - and fill in the two blank fields accordingly....
Oh sorry, I read that backwards, you mean the 'site name' not the ip addy. - ignore this one. lol
Rm
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As this is a new pool, I believe this is a chance to make the perfect pool for everyone.
Here is my proposal:
Deadline = 3456000 (40 Days). This will lighten the work on the pool and allow both small and big miners to mine. According to my calculations, it requires 2.2 TB to mine with this deadline. (2^42/566588/(60 · 60 · 24 · 40))Changing payout to 500 Burst or 48 hours. Are you a big miner, this is an efficient 0.2% fee. 48 hours ensures small miner also get paid, but the payout is not eaten.
Fee changed to 0.8%. This makes it the pool have an efficient fee of 1%.Compare this to pools with 1% fee and 50 Burst payout. They have an efficient fee of 3%. My change will make FalconBurstPool 3 times better than pools with above structure and 33% better than burst.ninja style pools currently managed by @Haitch with 1% fee.
As thanks for doing this, I will be moving my miners to the pool.
Edit: If someone wants to discuss the following ideas with me, you are welcome. If we can improve more in favour of miners I don't see any problem.
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I am all for it ...
@haitch can we make these changes?
@darindarin these look like great idea don't ya think
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@FrilledShark Change recommended deadline to fit a 0.9-1TB miner ( most people who play games ) usually have a SSD and a HDD in their computer, and the HDD is usually 1TB
I don't like the 48 hours to payout, but you are right about the small miners.
I wish the payouts were actually 200-250 BURST, ( reasons for this, is me, but that's selfish, and some impatience by other people to wait for their payotus ) but u bring up valid points for big miners ( 30TB+ )
I agree about changing the fee for big miners.that's everything I gotta say
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@falconCoin changes made - I'll update the Fee % on the Pool display later.
As for the gaps, thought it was an attack, but think it was actually my router it needed a restart.
@darindarin There is something odd with Falcons DNS entry at the moment, so use the IP until we get that resolved.
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@haitch and @FrilledShark what about what @HiDevin mentioned?
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@falconCoin Your call - I can extend the deadline
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Can I request some controls for a window that is "not maximised" but only resized? - I like to have the pool in it's own window, so that I can have it side by side of a second browser. but I want to be able to adjust the sections a little left or right once in a while between historical and current shares during those less than maximum screens.
Rm
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@Rossman01 hey, glad you are mining with us.. yeah not my pool just happy to help get it off the ground
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I like saving on fees i also like the ability to draw bigger miners a long with the smaller guys.. if it was my pool i would be torn on what to do .. i like @FrilledShark 's proposed ideas and IF it turns out to be how he puts it .. " 3 times better than regular pools and 33% better than ninja style pools" than why wouldnt we want that?
Does @HiDevin 's idea with the smaller capacity effect this ? if not why woulndt it be implemented.. the more miners the better the odds.. their shares would just be extremely small and barely noticed by bigger guys. ?
I am not an expert but very much like where i see the direction of this pool going.
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@darindarin The numbers are for the payout fee, which in turn is beneficial for the miners. Not directly the payout.
Reducing the deadlines puts a bigger stress on the pool. It is not against the payout, as the payout should be the same over a long period of time.
If @falconCoin has the equipment to handle it, I don't see anything wrong. It can also be increased later if the pools is put under a big stress.
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@FrilledShark it looks like @HiDevin has already left so for now lets leave it as is, i was trying to accommodate him but he is no longer there...
i see where picking up miners, can you post exactly in "newbie" terms for all the new ppl just seeing this what these changes will do to make this better?
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@falconCoin
Changes mean the following:
Long term miners pay a very little fee. By only paying every 48 hours, miners that are unable to find a block once a week will not get punished as hard as other pools.
The min payout (500 burst) makes it very appealing for big miners, who will pay very little in mining fees.I have updated my spreadsheet with a new column called efficient fee. Notice your pool as the second lowest.
Currently, your minimum deadline is suggesting a ~3 TB min capacity size. (Base target dropped since yesterday. (Like Bitcoin difficulty going up)). Also one of the lowest with only pools having no deadline and http://pool.burstmining.club beating it.
The fee change is simply a calibration to make the efficient fee 1%.
Edit: To add to this, look how @Tate-A 's pool has an efficient fee of 2%, while having a pool fee of 0%. If you wanted to do the same trick, simply lower the pool fee and change the min payout to 100. Your pool fee is 0%, but efficient fee is 1%.
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do you think this is scaring off miners at all? were jumping all over the place with miners
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Efficient fees is a double edge sword lol It makes your pool look good but.. I have miners wanting to be paid more often and a 300 burst payout is for them too much. 24hr auto payout not possible with our code. In that case a 300 burst min and 24 hour payout is the best.
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@tross It would be nice if pools had a feature that each miner could set their own minimum payout, so any withdrawal fees would be paid for by the miner. It would save the pool in fees too.






