[ANN][POOL] ipoMiner - Profitable multipool targeting new coins + merged mining!

[Leesminer]

Hope IPO is locked an loaded for YUP

[Leesminer]

Yes, we're keeping an eye on YUP, and a few other coins launching today.

great news....YUP numbers to me seem pretty decent, could be worth throwing on the multiport on launch.

It would be great if we could be on at launch.  I know you guys have the skillz to get us up as quick as the other pools.   

Tell me your working on getting YUP. 

[ipominer]

After reviewing the source and launch, we're going to pass on adding YUP.

[Leesminer]

After reviewing the source and launch, we're going to pass on adding YUP.

you know after looking at it myself....I say good call!  got myself all exited for nothing

[jimlite]

So why exactly did no one think to add Crypt to the list of X11 coins? Seriously, PIGGY vs. CRYPT should have been pretty easy to guess. PIG didn't even do that well, so why should a reboot as PIGGY suddenly fly?

Crypt just turned out to be a lucky pumped coin, which will be dumped hard soon.
Have you even explored Piggy's website and downloaded their new wallet?
It is some of the most professional and polished stuff I have ever seen from any
coin.  And the dev, team, and community are passionate and behind it. There is
500M coins and the vast majority of them will be held and staked.  I like to mine
and sell profitable coins, get the occassional lucky pump before I dump, and also
have a few losers. It is very rarely that I like to hold a coin long term, and all I
can say is right now I am only holding BTC, LTC, and PIGGY.

[Acrospore]

So why exactly did no one think to add Crypt to the list of X11 coins? Seriously, PIGGY vs. CRYPT should have been pretty easy to guess. PIG didn't even do that well, so why should a reboot as PIGGY suddenly fly?

Crypt just turned out to be a lucky pumped coin, which will be dumped hard soon.
Have you even explored Piggy's website and downloaded their new wallet?
It is some of the most professional and polished stuff I have ever seen from any
coin.  And the dev, team, and community are passionate and behind it. There is
500M coins and the vast majority of them will be held and staked.  I like to mine
and sell profitable coins, get the occassional lucky pump before I dump, and also
have a few losers. It is very rarely that I like to hold a coin long term, and all I
can say is right now I am only holding BTC, LTC, and PIGGY.

I have decided to hold my Piggy too. I just hope it doen't turn out like ECC or worse Clean Water coin. I still have several 1000's stuck in a wallet that doesn't function.

[trogdorjw73]

So why exactly did no one think to add Crypt to the list of X11 coins? Seriously, PIGGY vs. CRYPT should have been pretty easy to guess. PIG didn't even do that well, so why should a reboot as PIGGY suddenly fly?

Crypt just turned out to be a lucky pumped coin, which will be dumped hard soon.
Have you even explored Piggy's website and downloaded their new wallet?
It is some of the most professional and polished stuff I have ever seen from any
coin.  And the dev, team, and community are passionate and behind it. There is
500M coins and the vast majority of them will be held and staked.  I like to mine
and sell profitable coins, get the occassional lucky pump before I dump, and also
have a few losers. It is very rarely that I like to hold a coin long term, and all I
can say is right now I am only holding BTC, LTC, and PIGGY.

I think the CRYPT claim to fame is that they're working on anonymous transactions (in a different manner than DRK, presumably), they've got PoS, and they're also talking about integrating a trading platform into the wallet by the end of the month. If CRYPT can actually get integrated trading working, that could be a killer feature and we could see the price double or even more in once again.

The thing is, during the past month or two IPOminer has had a ton of turkeys -- WC and AC started out okay and then had problems, but BLU, OC, YC, SHIBE, DOYE, etc. are all basically the same darn coin and yet they all got added, not to mention some complete failures like HOC and LION. WEST, MAST, DRK, HIRO, LIMX, LOL, VOOT, PIGGY, FRAC, KIWI, SYNC are all in the X11 pool (or have been), but CRYPT didn't make the cut for some reason. I'm not saying those are all bad coins, but if we're putting other rather questionable coins into the rotation, why did CRYPT get bypassed? And while we're at it, toss in SUPER and WAVE... and for X13 we could have had CLOAK, SnakeXCoin, Burnercoin, etc. Unless the idea is to only mine coins that aren't really being mined by the bigger pools, but if that's the case we're really just praying for luck. So if CRYPT was "just a lucky pump", the same goes for all the rest.

On a different note: are there any stats collected for the past month or two showing what IPOminer was mining and how many coins you would have mined (per MH)? That would be a really useful feature to add, unless of course most of the coins are complete crap and profitability for mining and holding them is essentially zero. But just one or two real success stories (VRC comes to mind, and SC did pretty well -- both had to be sold at the right time, of course) can cover a multitude of mediocrity, which is basically what I have been collecting of late.

[brian_23452]

I guess I don't see it that way.


WC and AC regardless of their merits as coins were extremely profitable to mine.  Same thing with Shibe (and Doje, though you didn't mention it).  BLU was messed up be crappy development or 51% attack or something like that but you can hardly hold IPO responsible for that.  And even so, it still turned out to be very profitable, once it got back on an exchange.  OC wasn't anything special, but it isn't like we lost money mining it, it just didn't make the usual huge returns we have come to expect from here.  I'm not sure how you could really expect better, at least as far as scrypt goes. 

[ipominer]

All coins can be "questionable" at a given time.. some are better or worse than others, but that's the point of mining new coins. CRYPT has only ever been hype - there's *still* nothing of substance, yet. Maybe they will deliver, maybe they won't, but there's no reason to jump on mining something based on 100% hype unless you're just hoping that somehow leads to a pump (which can be a viable strategy, but isn't the one we use for ipoMiner).

I think you may misunderstand what we try to do at ipoMiner. We aren't in the business of predicting what coin will get hyped and pumped 2 weeks from now. Our goal has always been, and continues to be, to find what coin can you mine now and sell within the next 1-36 hours. Not to toot my own horn, but we are *extremely* good at that - better than any other public site in this business, I would argue.

We do not advise holding the coins we mine for substantial periods of time - that has never been the intent of our coin selection or goal. I think what it sounds like you're looking for is a trading group, which has never been our intended purpose. I know I've said it before, but I'll repeat it here in case anyone hasn't heard it from me before: I specifically encourage everyone to separate mining from trading.

Mine what's profitable to mine; trade what you think is profitable to trade.. but don't use us as your trading advice platform, since that's not what we try to offer

Now, as far as your list of "turkeys" go:

WC and AC were massively profitable to mine - two of the most profitable coins of the year, aside from SpainCoin and BlackCoin, actually. BLU, OC, YC, SHIBE, and DOJE were not smash hits, but they were as profitable or more profitable, to mine and sell, than any other coin that was available at the time they were released.

HOC was a total failure, I 100% agree. It was also mined for what, less than 6-12 hours on the multiport? Hardly a substantial investment, and there were not any stellar alternatives at the time.

We mined LION for less than 30 minutes.

SYNC, FRAC, WEST, MAST, LOL, VOOT, and PIGGY have all been terrific for miners to mine and sell. DRK and HIRO are older coins that users asked us to add as x11 direct ports.

LIMX and KIWI were more profitable to mine and sell than other coins based on immediate profitability, but never did anything particularly exciting/sort of fizzled, that's true.

Most of the "bigger pools" mine EVERY coin out there. We try to select the best ones, from the perspective of mining profitability, using the information that is available around the time of launch and after. Most of the coins you mention were overhyped and have never delivered on their promises - they could have just as easily failed as they could have gone up, and yes, any coin that increases by more than 10x based on pure hype could be called a "lucky pump".

[Leesminer]

All coins can be "questionable" at a given time.. some are better or worse than others, but that's the point of mining new coins. CRYPT has only ever been hype - there's *still* nothing of substance, yet. Maybe they will deliver, maybe they won't, but there's no reason to jump on mining something based on 100% hype unless you're just hoping that somehow leads to a pump (which can be a viable strategy, but isn't the one we use for ipoMiner).

I think you may misunderstand what we try to do at ipoMiner. We aren't in the business of predicting what coin will get hyped and pumped 2 weeks from now. Our goal has always been, and continues to be, to find what coin can you mine now and sell within the next 1-36 hours. Not to toot my own horn, but we are *extremely* good at that - better than any other public site in this business, I would argue.

We do not advise holding the coins we mine for substantial periods of time - that has never been the intent of our coin selection or goal. I think what it sounds like you're looking for is a trading group, which has never been our intended purpose. I know I've said it before, but I'll repeat it here in case anyone hasn't heard it from me before: I specifically encourage everyone to separate mining from trading.

Mine what's profitable to mine; trade what you think is profitable to trade.. but don't use us as your trading advice platform, since that's not what we try to offer

Now, as far as your list of "turkeys" go:

WC and AC were massively profitable to mine - two of the most profitable coins of the year, aside from SpainCoin and BlackCoin, actually. BLU, OC, YC, SHIBE, and DOJE were not smash hits, but they were as profitable or more profitable, to mine and sell, than any other coin that was available at the time they were released.

HOC was a total failure, I 100% agree. It was also mined for what, less than 6-12 hours on the multiport? Hardly a substantial investment, and there were not any stellar alternatives at the time.

We mined LION for less than 30 minutes.

SYNC, FRAC, WEST, MAST, LOL, VOOT, and PIGGY have all been terrific for miners to mine and sell. DRK and HIRO are older coins that users asked us to add as x11 direct ports.

LIMX and KIWI were more profitable to mine and sell than other coins based on immediate profitability, but never did anything particularly exciting/sort of fizzled, that's true.

Most of the "bigger pools" mine EVERY coin out there. We try to select the best ones, from the perspective of mining profitability, using the information that is available around the time of launch and after. Most of the coins you mention were overhyped and have never delivered on their promises - they could have just as easily failed as they could have gone up, and yes, any coin that increases by more than 10x based on pure hype could be called a "lucky pump".

+1

[ipominer]

We added Razor (RZR) today, with a direct port for it on port 3449. It is currently on the Scrypt multiport, which displaced StartCoin (START). Therefore, we added a direct port for START on port 3448 if you anyone wants to continue mining it

Also, note that PoW mining on LeagueCoin (LOL) has ended. We have redirected the direct port for it to the x11 multiport.

[Stinky_Pete]

Good call

[ipominer]

We just added GuerillaCoin (GUE) on direct port 3611 and on the x11 multiport. FractalCoin (FRAC) is still available on its direct port, which is 3610.

Check out the initial pricing on Bittrex for Razor (RZR) if you have mined some of it already.. I think you'll be VERY happy with the profitability on it. I would guess it earned ~0.01-0.015 btc/mh/day for the blocks we first mined!

[adaseb]

You sure your pool isn't having some security issues with fake shares being submitted.

1       deuce65   2,389,746

2.4Ghash/s and hasn't found a single block.

Probably 50% of the total hashrate for the coin. Every 3-4 mins he should of found a block.

[brian_23452]

You sure your pool isn't having some security issues with fake shares being submitted.

1       deuce65   2,389,746

2.4Ghash/s and hasn't found a single block.

Probably 50% of the total hashrate for the coin. Every 3-4 mins he should of found a block.

I found many blocks. 

[AnaSardinha]

@Ipominer,

The direct port for Razor is not working, had to point it to the scrypt multiport.

EDIT: Any chance of lowering minimum payment for Razor from 10 to 1?

[not.you]

EDIT: Any chance of lowering minimum payment for Razor from 10 to 1?

^^^^Yes please!^^^^

[ipominer]

You sure your pool isn't having some security issues with fake shares being submitted.

1       deuce65   2,389,746

2.4Ghash/s and hasn't found a single block.

Probably 50% of the total hashrate for the coin. Every 3-4 mins he should of found a block.

Yes, we are quite sure - thanks for checking though

EDIT: Any chance of lowering minimum payment for Razor from 10 to 1?

^^^^Yes please!^^^^

Sure, no problem. The minimum fee-free withdrawal is set to 1 now, with a fee of 0.001 below that.

@Ipominer,

The direct port for Razor is not working, had to point it to the scrypt multiport.

EDIT: Any chance of lowering minimum payment for Razor from 10 to 1?

Are you sure? There's around 40 people using the direct port successfully right now. Note that GUE is x11, not Scrypt

[AnaSardinha]

@Ipominer,

The direct port for Razor is not working, had to point it to the scrypt multiport.

EDIT: Any chance of lowering minimum payment for Razor from 10 to 1?

Are you sure? There's around 40 people using the direct port successfully right now. Note that GUE is x11, not Scrypt

Well I am a bit tired and sleepy but I did try port 3449 at the time that I wrote the post, haven't gone and try again but will as soon as I can.

EDIT: Although I guessing atm I'm safe from the multiport changing? ehehe
And thank you for lowering minimum payment for razor to 1.

[Acrospore]

Have you considered Linearcoin?