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redditorrex



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Sr. MemberActivity: 280Merit: 250Nom Nom Nom Re: [121 Gh] MtRed:MM(BTC+NMC) PPS, LP+, JSON API // Still Running Rant December 26, 2011, 09:33:33 PM #182 Quote from: BkkCoins on December 25, 2011, 12:00:05 AM Ah, I see. I didn't even realize you had a fee. Didn't see that on the info page and your first post here is some unclear reverse psychology that seems to imply 0% fees. If I'd known that I wouldn't have left a percentage for donation either. Another slimy pool. ... well, bye then.





You were right about the first post still listing 0% fees from when we were a proportional pool. I do apologize for this and have removed that statement. I rarely look at the beginning of this thread.



As for the 7% fee/buffer, it is to counter the fact that we use pure pps to pay miners, and the amount we pay per share has always been listed on the frontpage of the site.



Thanks for considering MtRed even tho we weren't able to please you, we will continue to work hard providing the best service we can.



Thanks,

RR You were right about the first post still listing 0% fees from when we were a proportional pool. I do apologize for this and have removed that statement. I rarely look at the beginning of this thread.As for the 7% fee/buffer, it is to counter the fact that we use pure pps to pay miners, and the amount we pay per share has always been listed on the frontpage of the site.Thanks for considering MtRed even tho we weren't able to please you, we will continue to work hard providing the best service we can.Thanks,RR

Find us in #mtred @ irc.freenode.net Reddit Mining Team - MtRed.com = Pure PPS + #00GH/s + LP(+) + AutoPay&InstaPay + Audio NotificationsFind us in #mtred @ irc.freenode.net

redditorrex



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Sr. MemberActivity: 280Merit: 250Nom Nom Nom Re: [64 Gh] MtRed:MM(BTC+NMC) PPS, LP+, JSON API December 27, 2011, 10:13:35 PM #183





Quote Ok guys, There seems to be a lot of confusion about our reward structure.



Since we have had pps it has been a 7% fee/buffer. We mention it as a fee on the about page, and list the amount we pay you per share on the front page. Nothing has changed there.



If you believe I am shorting your payments, please run the calculation on your reward and see if they match with our advertised pps amount.



As far as other pools are concerned, yes some have lower, even 0 fees. Some have more fees, and even take another cut on withdraws. MtRed offers pure pps, with a 7% fee/buffer to ensure that the mine stays open, and thats it. No other fee's, and again we have always advertised how much we actually give you per share.



I'm surprised so many miners didn't know about the 7% fee/buffer, this wasn't intentional. I've tried to be very straight forward with all actions and changes on MtRed.



I hope this clears up the reward structure, if you have any more question please let me know.

Thanks,

RR

This was posted on Reddit, I felt it should also be posted here.Thanks,RR

Find us in #mtred @ irc.freenode.net Reddit Mining Team - MtRed.com = Pure PPS + #00GH/s + LP(+) + AutoPay&InstaPay + Audio NotificationsFind us in #mtred @ irc.freenode.net

redditorrex



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Sr. MemberActivity: 280Merit: 250Nom Nom Nom Re: [64 Gh] MtRed:MM(BTC+NMC) PPS, LP+, JSON API January 06, 2012, 06:37:19 PM #184 Hello 2012,



I trust everyone has had great holiday, glad to see BTC on the rise again.



I just wanted to give an update on the server upgrade that was ment to be done before the holidays. Hopefully the new server will be online this evening. I will start a migration over the weekend, and sometime next week we will be running on the new box.



After the move, I have some plans for the pool I think you will all appreciate.



Thanks,

RR

Find us in #mtred @ irc.freenode.net Reddit Mining Team - MtRed.com = Pure PPS + #00GH/s + LP(+) + AutoPay&InstaPay + Audio NotificationsFind us in #mtred @ irc.freenode.net

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Sr. MemberActivity: 280Merit: 250Nom Nom Nom Re: [85 Gh] MtRed:MM(BTC+NMC) PPS, LP+, JSON API January 10, 2012, 07:09:24 PM #185



If you could help by pinging both **173.193.21.69** (current mtred.com) and **108.60.141.139** for about an hour or so and tell me how they compare.



If its just my TimeWarner connection and everyone else is getting good connections we will be ready to move over Thursday.



Thanks for your support,



RR



On Reddit: While the new server is defiantly more powerful cpu wise, I've been seeing some packet loss talking to it. Not much a little under 5%, but compared to our current location and datacenter, i'm not impressed.If you could help by pinging both **173.193.21.69** (current mtred.com) and **108.60.141.139** for about an hour or so and tell me how they compare.If its just my TimeWarner connection and everyone else is getting good connections we will be ready to move over Thursday.Thanks for your support,RROn Reddit: http://www.reddit.com/r/mtred/comments/ob5oz/new_server_almost_ready_i_need_your_help/

Find us in #mtred @ irc.freenode.net Reddit Mining Team - MtRed.com = Pure PPS + #00GH/s + LP(+) + AutoPay&InstaPay + Audio NotificationsFind us in #mtred @ irc.freenode.net

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Hero MemberActivity: 807Merit: 500 Re: [75 Gh] MtRed:MM(BTC+NMC) PPS, LP+, API **NEW SERVER** January 10, 2012, 10:05:31 PM

Last edit: January 10, 2012, 11:34:07 PM by The00Dustin #187 Because I'm a nice guy:

Ping statistics for 173.193.21.69:

Packets: Sent = 4374, Received = 4369, Lost = 5 (0% loss),

Approximate round trip times in milli-seconds:

Minimum = 36ms, Maximum = 521ms, Average = 40ms



Ping statistics for 108.60.141.139:

Packets: Sent = 4375, Received = 4370, Lost = 5 (0% loss),

Approximate round trip times in milli-seconds:

Minimum = 31ms, Maximum = 520ms, Average = 36ms



The two pings above were run simultaneously on a 3Mb MLPP (2xT1) circuit. The lost packets did not happen even close to simultaneously or all at once.