[ANN] Falcon Burst Pool
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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.
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As this is a ninja based pool, by blockchain proof, all transaction fees go to the pool operator.
It would be possible to have 0% fee and 100 burst payout. The efficient fee would again be 1%, but payouts would be more favourable.
Ninja style pools keep the payout to themselves. That means they need to mine a block before they send payout and all payout are including in the mined block.This would not hurt @falconCoin, but it would give an illusion of low fees.
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@FrilledShark i want t to test this for a few days/weeks see how it goes.
as far as i know @haitch made all the changes for the ppl asking. so also not to bother him everyday with changes i think we stick to the way it is for now.
i have notcied ppl are doing a lot of jumping around in my pool and others and my belief was your chances of hitting a block is the same wherever you go, but how much you keep depends on how many in the pool.
i have had at least 10-15 ppl i have seen come and go, because i dont know who they are i am unable to ask why. so we can come up with another solution if needed so for now lets stick with this
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@iKnow0 Thats a cool idea but would require a secure login and I see too many ways it could be breached. I would have to find a professional to code it for me. I did make a php blog once with secure login but was from a tutorial. It used salt and sessions but when it comes to money I dont know. When I started I had dreams of a user console similar to all coin mining but its beyond my knowledge to complete. All through life I learned mostly hardware solutions and administration bla bla . When I was 18 I wanted to learn to code and was the perfect time (1982) but went another direction.
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@FrilledShark said in [ANN] Falcon Burst Pool:
@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%.
Can we have a tab added to the http://falconburstpool.xyz/ called, "page info" - that includes the above info? - this would be good stuff.
Rm
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@Rossman01 Currently not possible. I may be able to do something with the V3 code, but on V2 it's simply not going to happen.
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its nice watching this pool fill up... :)
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@darindarin yep it is filling up nicely... i hope we get less pool jumpers
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am I due a payout soon? - I know it's set to 300 or something, but it's been a couple days for me... I thought the pool was also set to reward smaller guys every 2 days?
Rm
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@Rossman01 the pool does all of that on its own i do not have any control of it.
are you submitting confirmed DL's?
@haitch can you post the current payout info for everyone as it is right now? thanks!






