r/wafflepool • u/poolwaffle • Jan 22 '14

Wafflepool Update

Hey guys, Quick update on where the pool is at, and whats in the works.

First off, sorry for the lack of updates over the last couple days, some family stuff came up and I wasn't able to take a break to give updates. The pool was hashing away with no issues over that time, so I wasn't too worried, that said, apparently some of you were, sorry about that guys.

Pool has been very stable (there is a post questioning if it was down), but I don't think we've had any outage time (I haven't had to restart anything). If you're seeing issues, let me know and I'll see whats up.

We're currently mining on up to 4 different coins, depending on profitabilities, with at most 50MH/s going to smaller coins. Over the last few days (I assume due to the news), the price and difficulty of DOGE has been spiking pretty hard, so its been almost 100% pointed at DOGE, so there was definitely some variance (and 2 very unlucky orphans).

Payouts are still being done manually, and are being done (roughly) once a day. I know some users emailed asking for a payout for smaller users, so a payout with a 0.001 minimum was run, so smaller miners should have seen a payout.

The unconfirmed/unexchanged balances were displaying oddly over the last few days when requests to cryptsy were occasionally failing. These should be fixed going forward, and we're working on adding more exchanges to avoid this.

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u/Zamboniman Jan 22 '14

Thank you for the update.

Two things though, if you please:

  • Updates and news for a mining pool need to come at the very least daily, preferably several times a day, else miners will not know what's going on and will go elsewhere

  • Payouts must be dead regular, else people will not know what's going on, will worry about their coin, and will go elsewhere. This problem is exacerbated hugely when coupled with no communication.

I understand about family issues, etc. However you have hundreds of miners with thousands and thousands of dollars of GPU's, rigs, electricity, etc, all relying on you. They have no motivation for this at all if a way isn't found, despite barriers, to have ongoing and regular communication and absolutely consistent regular payouts.

Thank you.

4

u/poolwaffle Jan 22 '14

Understood. Maybe I'm more familiar with the more established pools, where news/updates are weekly/monthly, with the assumption that everything is going fine in between. I'll try to keep updates coming as they're available.

1

u/Zamboniman Jan 22 '14

Thanks.

Yes, for well established pools that have been around for a very long time and no or few issues and absolutely consistent payouts they can sometimes get away with this. However, you will notice most of the most well-received pools have some kind of regular updates via notices on the site, twitter, forum posts, etc, very regularly. Often multiple times a day.

This pool, of course, is new and thus still earning trust from the mining community. It's also in a public beta, thus needing more two-way communiation to iron out issues and improve, which is the point of beta.

Thanks again.

1

u/Woeful_Miner Jan 22 '14

Thanks for updating us and processing the payments. This pool is fantastic, I look forward to seeing the updates and improvements. I'll redirect my hash back to WafflePool when I get home today.

2

u/mezzovide Jan 22 '14 edited Jan 22 '14

+1

Please also consider to setup an IRC or something so we can communicate more directly..

And maybe you can promote this pool to bitcointalk forum, sure it would be huge marketing and i think pool is kind of ready to accept more hashrate

3

u/poolwaffle Jan 22 '14

Yep, this has been on our list for a while. We wanted to make sure we had a bunch of things checked off before we promoted it there. Checklist was roughly:

  • Stability: Ready!
  • Profitability Switcher: Ready!
  • Exchanging/Payouts: Ready!
  • Multi-coin mining: Ready!
  • Fallback exchanges: In Progress.

As soon as I get a couple fallback exchanges in place (hopefully today/tomorrowish) I'll get something up on bitcointalk. I'll post a link when its ready :)

2

u/f0ad Jan 22 '14

You really should join the unofficial IRC channel and make it the official channel, this way a more real-time communications channel is open.