madnation
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Sat Feb 17, 2018 11:48 am

Hi Shaun,

1. Do lifetime contracts cover upgrades to hardware? i.e if a new antminer comes out, would only new contracts utilise the new hardware, or would the pool as a whole get upgraded?

2. What is the chance of current lifetime contracts coming back online prior to 30th April and is the maintenance fee guaranteed to stay at $0.28 per T/H? Also, is it known as yet which country associated servers will be migrated to?

Cheers,

madnation

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Sun Feb 18, 2018 7:24 am

1. Do lifetime contracts cover upgrades to hardware? i.e if a new antminer comes out, would only new contracts utilise the new hardware, or would the pool as a whole get upgraded?
Existing lifetime contracts will will not include hardware upgrades. Only new contracts can take advantage of the cost savings of new hardware.
2. What is the chance of current lifetime contracts coming back online prior to 30th April and is the maintenance fee guaranteed to stay at $0.28 per T/H? Also, is it known as yet which country associated servers will be migrated to?
Our contracts will likely come online much earlier than 30th April. I will email more details to all lifetime contract holders within the next 2 weeks.

Maintenance fee will stay at $0.28 per Th/s.

Servers will be migrated to the USA.
Shaun Chong - Bitcoin.com Head of Mining Operations

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rogerver
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Wed Feb 21, 2018 11:29 pm

I just wanted to give everyone an update on the miners.
We already paid to have them shipped from China to the USA via air freight.
The cost for that was nearly $300,000 USD.
We then paid for them to ship by truck to a data center we located that should be a reliable long term partner for us.
The cost for this shipping was nearly $30,000
We then had to prepay for a portion of the hosting.
The cost for that was nearly $400,000

We are now waiting for construction to finish at the data center and for them to deploy our miners.
We will continue to keep everyone posted and apologize for the issue caused by China kicking all the miners out.
Help spread Bitcoin by linking to everything mentioned here:
topic7039.html

KableK
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Sun Feb 25, 2018 5:25 am

I just wanted to give everyone an update on the miners.
We already paid to have them shipped from China to the USA via air freight.
The cost for that was nearly $300,000 USD.
We then paid for them to ship by truck to a data center we located that should be a reliable long term partner for us.
The cost for this shipping was nearly $30,000
We then had to prepay for a portion of the hosting.
The cost for that was nearly $400,000

We are now waiting for construction to finish at the data center and for them to deploy our miners.
We will continue to keep everyone posted and apologize for the issue caused by China kicking all the miners out.
Thanks for the update Roger. Glad they're coming back online soon!

seatramp
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Tue Feb 27, 2018 12:38 pm

I just wanted to give everyone an update on the miners.
We already paid to have them shipped from China to the USA via air freight.
The cost for that was nearly $300,000 USD.
We then paid for them to ship by truck to a data center we located that should be a reliable long term partner for us.
The cost for this shipping was nearly $30,000
We then had to prepay for a portion of the hosting.
The cost for that was nearly $400,000

We are now waiting for construction to finish at the data center and for them to deploy our miners.
We will continue to keep everyone posted and apologize for the issue caused by China kicking all the miners out.
Thanks for the info Roger! Looking forward to

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Wed Feb 28, 2018 4:06 am

We are pleased to announce that all lifetime contracts are active again, ahead of schedule!

All our mining hardware in China has been successfully moved to the USA. We also have additional hardware coming online, so we will have more contracts for sale soon.

We are continuing to offer full refunds for lifetime contracts, even while they are active.

To receive your full refund, please go to your purchased contracts page (http://console.pool.bitcoin.com/purchasedcontracts), click on your contract, then click "Refund" to complete the process.

Thank you for mining with us!
Shaun Chong - Bitcoin.com Head of Mining Operations

seatramp
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Wed Feb 28, 2018 12:42 pm

We are pleased to announce that all lifetime contracts are active again, ahead of schedule!

All our mining hardware in China has been successfully moved to the USA. We also have additional hardware coming online, so we will have more contracts for sale soon.

We are continuing to offer full refunds for lifetime contracts, even while they are active.

To receive your full refund, please go to your purchased contracts page (http://console.pool.bitcoin.com/purchasedcontracts), click on your contract, then click "Refund" to complete the process.

Thank you for mining with us!
Great news, thanks! Will you be offering life contracts again?

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Thu Mar 01, 2018 2:56 am

Great news, thanks! Will you be offering life contracts again?
We aren't planning to sell new lifetime contracts soon.
Shaun Chong - Bitcoin.com Head of Mining Operations

rob119
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Thu Mar 01, 2018 5:38 am

Is auto withdrawl disabled? I can't seem to find where to turn it on.

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Thu Mar 01, 2018 5:49 am

Is auto withdrawl disabled? I can't seem to find where to turn it on.
You can turn it on in the settings page:
http://console.pool.bitcoin.com/settings
Shaun Chong - Bitcoin.com Head of Mining Operations

digitizedcurrencynow
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Thu Mar 01, 2018 8:44 pm

I just wanted to give everyone an update on the miners.
We already paid to have them shipped from China to the USA via air freight.
The cost for that was nearly $300,000 USD.
We then paid for them to ship by truck to a data center we located that should be a reliable long term partner for us.
The cost for this shipping was nearly $30,000
We then had to prepay for a portion of the hosting.
The cost for that was nearly $400,000

We are now waiting for construction to finish at the data center and for them to deploy our miners.
We will continue to keep everyone posted and apologize for the issue caused by China kicking all the miners out.

Thanks for the update and re enabling the contracts ahead of the promised date. As an industry I hope you would be open towards supporting projects where we do not have to rely on centralized problem solvers like yourself. And when the next set of decisions makers where you have moved the present hashing power are ready to take negative actions we have created enough decentralized solutions and decentralized stake holders.

farzin
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Fri Mar 02, 2018 12:21 am

Thanks for re-enabling the life-time contracts in 41 days, instead of the previously estimated 100 - 105 days.

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Re: Bitcoin.com Mining Pool Official Discussion Thread

Fri Mar 02, 2018 12:28 am

Thanks for re-enabling the life-time contracts in 41 days, instead of the previously estimated 100 - 105 days.
We would much rather underpromise and over deliver rather than the other day around.
Help spread Bitcoin by linking to everything mentioned here:
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madnation
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Sat Mar 03, 2018 9:00 am

Hi, aren't btc withdrawals working right now?

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Sat Mar 03, 2018 9:05 am

Hi, aren't btc withdrawals working right now?
BTC withdrawals are working. Please email pool@bitcoin.com if you are having issues.
Shaun Chong - Bitcoin.com Head of Mining Operations

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philopolymath
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I FOUND A BLOCK!

Mon Mar 05, 2018 7:04 pm

I found a BCH block....my first one for this pool..unit was S9#14..of 206Th...share was 1023993811920
You're welcome.....

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rogerver
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Re: I FOUND A BLOCK!

Mon Mar 05, 2018 7:41 pm

I found a BCH block....my first one for this pool..unit was S9#14..of 206Th...share was 1023993811920
You're welcome.....
Congratulations and thank you for being part of our pool!
Help spread Bitcoin by linking to everything mentioned here:
topic7039.html

madnation
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Tue Mar 06, 2018 3:40 am

Hi, aren't btc withdrawals working right now?
BTC withdrawals are working. Please email pool@bitcoin.com if you are having issues.
Thanks, sent through another withdrawal request five hours ago. Why are withdrawals working only intermittently?

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Tue Mar 06, 2018 3:43 am

Hi, aren't btc withdrawals working right now?
BTC withdrawals are working. Please email pool@bitcoin.com if you are having issues.
Thanks, sent through another withdrawal request five hours ago. Why are withdrawals working only intermittently?
Manual withdrawals can take several hours if there are many withdraw requests.

I suggest enabling auto-withdrawal in the settings page if you want to withdraw regularly. Auto-withdrawals are sent at 6AM UTC every day. Transaction fees are lower for auto-withdrawal since we do batching.
Shaun Chong - Bitcoin.com Head of Mining Operations

madnation
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Tue Mar 06, 2018 4:01 am

Thanks Shaun,

Where on the settings page is the auto withdrawal button? I can't see it for some reason..

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Tue Mar 06, 2018 4:03 am

Thanks Shaun,

Where on the settings page is the auto withdrawal button? I can't see it for some reason..
Please email a screenshot to pool@bitcoin.com

It should look like this:
Capture.PNG
Shaun Chong - Bitcoin.com Head of Mining Operations

madnation
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Tue Mar 06, 2018 8:17 am

Screen appears as yours through web browser, but different through mobile browser (i.e option to enable auto withdrawal not present). Will just use web browser, cheers.

farzin
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Tue Mar 06, 2018 6:59 pm

You may want to update the "Estimated 24 hour Revenue" calculator that is located under the bar graph in Dashboard. For a 5 TH/s contract, it calculates $4.13 for BTC and $4.08 for BCH. Since the pool came back on line, for my 5 TH/s contract, and with switching to the most profitable coin on, I am getting around $3.05 to $3.45 per day. (I calculated this from the bar graphs in the Dashboard page).

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zowki
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Wed Mar 07, 2018 2:28 am

You may want to update the "Estimated 24 hour Revenue" calculator that is located under the bar graph in Dashboard. For a 5 TH/s contract, it calculates $4.13 for BTC and $4.08 for BCH. Since the pool came back on line, for my 5 TH/s contract, and with switching to the most profitable coin on, I am getting around $3.05 to $3.45 per day. (I calculated this from the bar graphs in the Dashboard page).
Our calculator is correct for hardware mining (at current mining difficulty and Bitcoin price).

As stated in the calculator, it does not include daily fees for cloud mining.
Shaun Chong - Bitcoin.com Head of Mining Operations

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philopolymath
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BCH DOUBLE PAYOUT?...(Autowithdrawal)

Wed Mar 07, 2018 1:14 pm

So I received a double payout from the Daily BCH Auto-withdrawal.....
It will take me a few days to accumulate enough to offset the Negative balance...
I will stick around and do so and not run away with the windfall.

luggyman
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Re: BCH DOUBLE PAYOUT?...(Autowithdrawal)

Wed Mar 07, 2018 5:06 pm

So I received a double payout from the Daily BCH Auto-withdrawal.....
It will take me a few days to accumulate enough to offset the Negative balance...
I will stick around and do so and not run away with the windfall.

You and me both buddy. This pool pays out too good to cut and run for a measly 200 dollars.

Besides that, my boy Shaun took care of me on the day two BCH blocks were't accounted for. Granted i had to pester him a little bit, but that earned a lot of respect in my eyes.

Poloniex made a bad TX with 9400 of my DGB and the ticket is 50 days old now.
Shaun replied to my messages on the forum, in the email, and made things right.

I'm a loyal miner here. I was quite shocked to see the double output, part of me hoped it was a mistake in my favor, then i saw the negative balance.

If this happened to all the BCH miners, I implore you to stick around and pay it back. You won't make better money with your hashrate anywhere other than the BCH pool here with PPLNS payment method.

Sirslicey
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Thu Mar 15, 2018 9:14 am

As it is right now it is a royal pain to report mining income from this mining pool for tax purposes here in the US. The CSV's provided are not helpful enough in reporting for taxes.

I believe I am supposed to report daily payout in terms of BTC/BCH(for reporting capital gains) and in terms of USD earned(for income tax), except the CSV doesn't report what I get paid, it reports the PPS earned without including associated fee within the same row. So in order for my accounting to be accurate, I must calculate my PPS earned everyday minus the assosciated fees. Would be much easier if that was already done for me and there is no good reason, as far as I'm aware, as to why it's not.

Ultimately what would be the most helpful for us would be to create .csv file that is compatible with accounting websites like bitcoin.tax. Currently, they are incompatible in terms of information provided and needed. It would also be really nice to see what everything's value is in my chosen currency(USD).

Lord knows none of us here like taxes, but can we get any help with this?

Thank you.

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FreeBit.co.in
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Fri Mar 16, 2018 10:02 am

OK how do I get involved in the pool?

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FreeBit.co.in
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Fri Mar 16, 2018 10:05 am

As it is right now it is a royal pain to report mining income from this mining pool for tax purposes here in the US. The CSV's provided are not helpful enough in reporting for taxes.

I believe I am supposed to report daily payout in terms of BTC/BCH(for reporting capital gains) and in terms of USD earned(for income tax), except the CSV doesn't report what I get paid, it reports the PPS earned without including associated fee within the same row. So in order for my accounting to be accurate, I must calculate my PPS earned everyday minus the assosciated fees. Would be much easier if that was already done for me and there is no good reason, as far as I'm aware, as to why it's not.

Ultimately what would be the most helpful for us would be to create .csv file that is compatible with accounting websites like bitcoin.tax. Currently, they are incompatible in terms of information provided and needed. It would also be really nice to see what everything's value is in my chosen currency(USD).

Lord knows none of us here like taxes, but can we get any help with this?

Thank you.
Become a citizen elsewhere?

seatramp
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Re: Bitcoin.com Mining Pool Official Discussion Thread

Sat Mar 17, 2018 4:37 am

I am really not getting your prices now:
for 5 TH I get "Current Daily Returns
0.0002113 BTC ($1.73) per day" but i am paying "$1.40 Daily Fee "... am i earing 40 cents???
so confusing
Last edited by seatramp on Sat Mar 17, 2018 7:46 am, edited 1 time in total.

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