Search found 942 matches

by Chris Sokolowski
Mon May 14, 2018 9:55 pm
Forum: News
Topic: Mining server restarted
Replies: 0
Views: 1293

Mining server restarted

Hi everyone,

We just restarted the mining server to apply a fix to improve the accuracy of the hashrate calculations, especially for users using cloud mining services like Nicehash. Steve will have more details in the morning.

Thanks,

-Chris
by Chris Sokolowski
Thu May 03, 2018 10:19 pm
Forum: News
Topic: May 3 balances increased to compensate for downtime
Replies: 9
Views: 3352

May 3 balances increased to compensate for downtime

Hi everyone, I apologize for the issue with the mining server over the morning. We have corrected the underlying bug, but the balances of miners were still abnormally low indicating that some shares during that period were not credited properly. I went through our wallets and found that we had an ad...
by Chris Sokolowski
Mon Mar 05, 2018 10:15 pm
Forum: News
Topic: Equihash now available
Replies: 23
Views: 10157

Re: Equihash now available

About 12% of shares are being rejected for that reason you state. That's way too high, so I'm going to disable Equihash mining for now and Steve will fix it when he wakes up in the morning.
by Chris Sokolowski
Mon Jan 01, 2018 5:16 am
Forum: System support and feedback
Topic: 2018 Taxes on Trades - Boooo
Replies: 42
Views: 13699

Re: 2018 Taxes on Trades - Boooo

Comparing real estate rentals to mining pools seems to be a "round peg in a square hole" analogy. As I understand the business model of Prohashing, we (i.e. the Miners) are independent contractors who provide services to the mining pool. We select the particular currency for payment and p...
by Chris Sokolowski
Mon Jan 01, 2018 4:58 am
Forum: System support and feedback
Topic: 2018 Taxes on Trades - Boooo
Replies: 42
Views: 13699

Re: 2018 Taxes on Trades - Boooo

I try to find information for people from other countries... But I didn't find many... Me as a Portuguese living in Portugal, have to fill the forms? In which conditions? Thanks We have it in our help section, but if you do not live in the United States and do not perform any mining within the Unit...
by Chris Sokolowski
Tue Dec 26, 2017 9:08 pm
Forum: Development
Topic: Status as of Tuesday, December 26, 2017
Replies: 9
Views: 3424

Re: Status as of Tuesday, December 26, 2017

Actually, it wasn't a Verge difficulty drop. Just someone sent a Verge transaction with a $100,000 fee, and we mined it and distributed the earnings to miners. https://prohashing.com/explorer/Verge/0 ... 18dfbba30c
by Chris Sokolowski
Sat Dec 23, 2017 2:56 am
Forum: News
Topic: [Completed] IMPORTANT: Bitcoin payout solution
Replies: 44
Views: 16106

Re: IMPORTANT: Bitcoin payout solution

I have converted BTC to LTC for everyone who was no longer earning BTC (as of December 23), regardless of whether the balance exceeded the payout threshold. The exchange rate used was 0.01904355 BTC/LTC, the price in our database at December 23 00:01:34 (EST). You will see in your account a bitcoin ...
by Chris Sokolowski
Thu Dec 21, 2017 12:20 am
Forum: News
Topic: Bitcoin payments policy changes
Replies: 14
Views: 5589

Re: Bitcoin payments policy changes

One possibility that we are investigating is implementing Coinbase bitcoin payouts. You would then be able to enter a Coinbase email address as your bitcoin wallet address. That way, we only need to send all customer funds in one transaction to Coinbase, then we can send the funds from within Coinba...
by Chris Sokolowski
Wed Dec 20, 2017 2:04 am
Forum: News
Topic: Coin changes - Additions and discontinuations
Replies: 218
Views: 136921

Re: Coin changes - Additions and discontinuations

The following coins were discontinued today:

Coins with no working exchanges:

ALIENcoin
Bowscoin
Careercoin
Coimatic
Dobbscoin
Evacoin
Guccionecoin
Jokercoin
Lumicoin
MetalMusiccoin
Nefariouscoin
ThomasJeffersoncoin
WMcoin

Coins with low earnings:

ScryptToken
Tcoin
Vprocoin
by Chris Sokolowski
Tue Dec 19, 2017 5:32 pm
Forum: News
Topic: Coin changes - Additions and discontinuations
Replies: 218
Views: 136921

Re: Coin changes - Additions and discontinuations

The following coins were discontinued at the beginning of December because Novaexchange has closed and there are no other exchanges offering trading of these coins: Amygwscoin Anoncoin ATCcoin BeonPushcoin Bird BitcoinCashCollectorcoin BitcoinCashScrypt Bridgecoin Cagecoin Caninetcoin Championcoin C...