Next day payouts changeover

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Chris Sokolowski
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Next day payouts changeover

Post by Chris Sokolowski » Mon Apr 20, 2015 8:06 pm

Within the next few days, we will be changing to next-day payouts (from our current two day system). There are many advantages to this change:
  • The payout system will be less confusing, particularly to customers who are used to next day payouts like most other pools offer.
  • Customers will receive their money faster.
  • We hold less money for customers, improving security and leaving us less vulnerable to attack.
On the day after the change, you will receive the past two days' worth of earnings. I will make a twitter post and a reply to this post when we have a release date so that you can prepare your wallets if you need to.
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Chris Sokolowski
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Re: Next day payouts changeover

Post by Chris Sokolowski » Tue Apr 21, 2015 6:28 pm

The day of the changeover will be the morning of Thursday April 23. Please prepare your wallets accordingly.
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Chris Sokolowski
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Re: Next day payouts changeover

Post by Chris Sokolowski » Wed Apr 22, 2015 7:21 pm

Thursday's payouts will be delayed by a few hours. Normally, they execute while I am asleep, but I want to be awake when they are running to ensure that nothing goes wrong on the first payout after the change.
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Chris Sokolowski
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Re: Next day payouts changeover

Post by Chris Sokolowski » Thu Apr 23, 2015 3:46 pm

The release was successful, and the pool is now operating on next-day payouts.
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loszhor
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Re: Next day payouts changeover

Post by loszhor » Fri Apr 24, 2015 1:22 am

Chris Sokolowski wrote:The day of the changeover will be the morning of Thursday April 23. Please prepare your wallets accordingly.
What exactly do we need to do to our wallets?
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Chris Sokolowski
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Re: Next day payouts changeover

Post by Chris Sokolowski » Fri Apr 24, 2015 2:26 am

You shouldn't need or have needed to do anything. The only reason I brought it up is that I know that some people change their wallet addresses frequently, so I wanted to make sure that they knew in case they wanted the larger payout to go to a different address.
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loszhor
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Re: Next day payouts changeover

Post by loszhor » Sat Apr 25, 2015 7:04 pm

Chris Sokolowski wrote:You shouldn't need or have needed to do anything. The only reason I brought it up is that I know that some people change their wallet addresses frequently, so I wanted to make sure that they knew in case they wanted the larger payout to go to a different address.
Ok, thank you.
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