[ANN] Falcon Burst Pool

darindarin

hit a block .. very decent payouts :)
join us!

haitch

@falconCoin the payment threshold is 300. I can drop it, but does mean a higher percentage of earnings gets used up in fees.

darindarin

nice more and more people joining

falconCoin

@haitch Ok let me think about that...

@darindarin is the highest contributor at this point how do you feel about it?

rnahlawi

@falconCoin I suggest keeping it 300 or 24h like the rest of other pools

falconCoin

@rnahlawi thx

did you jump in?

rnahlawi

@falconCoin and won a block too this morning :)

falconCoin

@rnahlawi woohoo good job

darindarin

i dont care about payouts @falconCoin just happy you are helping the coin where you can.. wish i had the patience to figure out how to run a pool.. :) well done dude!

falconCoin

@darindarin ha you have helped me a ton, we can keep it growing i am sure will figure out some bonuses soon

darindarin

@rnahlawi nice grats on your block.. @falconCoin i posted this in the facebook page i manage :)

darindarin

can we use the website in the wallet mining window instead of the IP?

falconCoin

@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

Rossman01

@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

FrilledShark

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.

falconCoin

@FrilledShark

I am all for it ...

@haitch can we make these changes?

@darindarin these look like great idea don't ya think

HiDevin

@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

haitch

@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.

falconCoin

@haitch and @FrilledShark what about what @HiDevin mentioned?

haitch

@falconCoin Your call - I can extend the deadline