N.E.W.S. Pool is now Live! (NEWS Asset Mining Pool Project)

[bandarfjb]

@jervis also jumped in as shareholders, 24/7 too if no downtime

[jervis]

I have entrusted a personnel that's 12 hours different time zone from mine. so, the downtime will be very very very minimal :)

[bandarfjb]

What is the target deadline for your pool?

[jervis]

Right now, it's an open deadline. It's still starting. We can't be choosy for miners. Also, this isn't my pool. This is the asset's pool. Therefore, all shareholders own this pool.

Also, earnings of this pool is paid back to the miners and the shareholders :)

• 30% of NET Income to be distributed to all N.E.W.S. Asset Shareholders.
• 60% of NET Income to be distributed to ALL MINERS in the pool.

[bandarfjb]

@jervis It is amazing, thank you for your response! Good luck for your asset and new mining pool.

[jervis]

@bandarfjb thanks man. Good luck to us all. :)

[haitch]

@jervis Currently the deadline is 500 days. I can adjust that as you see fit.

[jervis]

@haitch Okay bud. Thanks. I will think about it. I still have to know how deadlines in pool works thoroughly.

[Gadrah_]

@jervis I'm in too ! Waiting for the 4 blocks to pass atm. However, I won't mine a lot for a few days because of problems with my internet connection.

[JotaJota]

I've waited the 4 blocks and Wololo, I'm mining in! Come one NEWS shareholders, let's make this pool huge :D

[Dario's wallet]

@jervis 500 days I think it means ~50GB of plots for submit a nonce every round (estimated).

[jervis]

@Dario's-wallet still don't get it man. I'm waiting for @haitch's lecture about deadlines. :)

[jervis]

@Gadrah_ said in N.E.W.S. Pool is now Live! (NEWS Asset Mining Pool Project):

@jervis I'm in too ! Waiting for the 4 blocks to pass atm. However, I won't mine a lot for a few days because of problems with my internet connection.

as long as you're in, it's no problem. :) we got your back bro. :)

[jervis]

@JotaJota said in N.E.W.S. Pool is now Live! (NEWS Asset Mining Pool Project):

I've waited the 4 blocks and Wololo, I'm mining in! Come one NEWS shareholders, let's make this pool huge :D

You are the first one to come in. :) Too fast! haha!

[JotaJota]

@jervis Aha! FIRST ! And the first one receive some kind of bonus? LOL

[jervis]

@JotaJota said in N.E.W.S. Pool is now Live! (NEWS Asset Mining Pool Project):

@jervis Aha! FIRST ! And the first one receive some kind of bonus? LOL

sure. when the pool starts earning. why not? I won't forget :)

[JotaJota]

@jervis Woow! That's the best asset and pool. For sure.

[casadosprj]

@jervis .... I'm IN ... just waiting the next 4 blocks ... good luck for us!

[Dario's wallet]

@jervis Just try to help you taking a decision about your 500 days threshold: you may be interested to know that the recommended plot size for your pool is about 50GB, so it means that a miner with less plot size could choose another pool. However I think haitch will be a very good teacher :)

[haitch]

@Dario's-wallet 500 days basically allows anyone to mine on the pool. A 500 day deadline will never be reached - remember the average is 4 minutes. But the long accepted deadline allows all miners to continuously contribute to their historic share, it updates every round, rather than every 5 or 10 or 20 or X rounds with much shorter deadlines, and smaller plots.