Status as of Tuesday, December 26, 2017

Discussion of development releases of Prohashing.
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Steve Sokolowski
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Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

Status as of Tuesday, December 26, 2017

Post by Steve Sokolowski » Tue Dec 26, 2017 10:02 am

Good morning!
  • We've managed to increase profitability by a few percent over the past few days, and the increase appears to have kept earnings roughly equal, offsetting the usual decline due to increased difficulty. A few people in the chat on the forums seem to have noticed this and commented on it.
  • Chris got the support tickets down to zero again yesterday. Poloniex also responded to Chris and deleted the failed withdrawals, so he was able to extract and sell a third of the litecoins. $200,000 will allow us to hire a system administrator for a year to deal with a lot of the tasks that are keeping Chris from moving forward with new exchanges, coins, and algorithms. We'll also be hiring a student to work as a customer service representative and further decrease ticket times. The hiring process will start after the holidays. While we anticipate hiring a local student, we may make a posting online for the developer once we are able to determine what the job description is. The last immediate role we need is a businessman to deal with the accounting and advertising and management, so that we aren't being distracted from development by that, which we can hire last.
  • Today and tomorrow, I plan to complete some changes to resolve issues with the live worker status data, which for some customers displays fewer workers than is correct. We haven't been able to determine the cause of the problems despite weeks of research, so I started over and we are going to release a rewrite of that functionality in a day or two.
  • There is still something wrong with the "1MH/s expected payouts" chart. It shows that automatic profitability is less than litecoin for scrypt, because the "litecoin" line is not representative of what a person can actually earn mining straight litecoins. It assumes zero orphans, which is not possible. We'll make the corrections to lower that value in the future.
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MaterialResources
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Joined: Tue Sep 26, 2017 11:52 am

Re: Status as of Tuesday, December 26, 2017

Post by MaterialResources » Tue Dec 26, 2017 10:18 am

Great Job!
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travelinmusic
Posts: 50
Joined: Wed Dec 20, 2017 1:49 pm

Re: Status as of Tuesday, December 26, 2017

Post by travelinmusic » Tue Dec 26, 2017 11:00 am

Thanks! btw, Live Worker status has been working perfect for about 48 hour now and profits way up today.
Bhawks99
Posts: 9
Joined: Thu Dec 21, 2017 5:29 pm

Re: Status as of Tuesday, December 26, 2017

Post by Bhawks99 » Tue Dec 26, 2017 11:13 am

Thanks Steve! Profits are definitely up today, nice job!
Jamin
Posts: 23
Joined: Fri Dec 15, 2017 9:45 am
Location: United Kingdom

Re: Status as of Tuesday, December 26, 2017

Post by Jamin » Tue Dec 26, 2017 12:00 pm

Profits were so good the first few hours of today I'm worried it's a mistake?!
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AppleMiner
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Re: Status as of Tuesday, December 26, 2017

Post by AppleMiner » Tue Dec 26, 2017 1:20 pm

Yeah half the previous day's earnings were made within today's first 4 hours...Sure everything is working fine?

Not going to compain, I love 2x earnings over the previous day...just hate getting false hope up and having it knocked down, taken back, or removed before payout.
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Steve Sokolowski
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Location: State College, PA

Re: Status as of Tuesday, December 26, 2017

Post by Steve Sokolowski » Tue Dec 26, 2017 8:40 pm

AppleMiner wrote:Yeah half the previous day's earnings were made within today's first 4 hours...Sure everything is working fine?

Not going to compain, I love 2x earnings over the previous day...just hate getting false hope up and having it knocked down, taken back, or removed before payout.
The difficulty of Verge declined tremendously and the software identified this and mined a huge amount of profit out of it.

Chris validated that the earnings are accurate - we've never seen anything like that before.
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Chris Sokolowski
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Re: Status as of Tuesday, December 26, 2017

Post by Chris Sokolowski » Tue Dec 26, 2017 9:08 pm

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
Jamin
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Joined: Fri Dec 15, 2017 9:45 am
Location: United Kingdom

Re: Status as of Tuesday, December 26, 2017

Post by Jamin » Tue Dec 26, 2017 11:24 pm

Chris Sokolowski wrote: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
Yeehaw! :twisted: :D
JiveTonto
Posts: 106
Joined: Thu Mar 05, 2015 1:49 pm

Re: Status as of Tuesday, December 26, 2017

Post by JiveTonto » Wed Dec 27, 2017 4:46 am

Chris Sokolowski wrote: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


over 11 million fiat dollars moved in that block.........
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