☑ Dcr.stakeminer.com - Pay What You Want!

Discussion in 'PoS Pools' started by woot, Apr 17, 2017.

  1. 2017/08/25 - Decred v1.0.8 released! → Release Notes  → Downloads
  1. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    #1 woot, Apr 17, 2017
    Last edited: Sep 13, 2017
    Still highly available. Still spread across multiple cloud providers.

    Pay what you want! Minimum % set to 0.1%. You can change the setting any time you'd like and match what you'd like to donate to the stake pool. Pay whatever you think a stakepool is worth to you!

    In addition, you can stay on top of your staking using our real-time and daily summary ticket notifications. Receive a notification when your funds from a ticket are spendable so you can get back in it right away!

    Good luck folks. I'll shut off sign-ups if the pool exceeds 20%.

    https://dcr.stakeminer.com
    tor: j5lo7vgmgrz5xoi3.onion

    For those looking to make direct donations, you can use this address:
    Dsn39V5nPe6yERQAwe2Ci7YCC1XgB6Hx7Hi
     
    antiplex likes this.
  2. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    #2 woot, Apr 17, 2017
    Last edited: Jul 17, 2017
    This will also serve as a support thread. If you'd like private assistance, you can email admin@stakeminer.com.

    Current Issues

    None


    Resolved Issues

    Issue 1. It was brought to my attention that Paymetheus and Decrediton do not allow a custom pool fee to be entered.

    Solution:

    You may now update your fee on the Stakeminer site and it will propagate to your client. To do this, simply go to: https://dcr.stakeminer.com/settings and set your desired pool fee, then restart your client to ensure the new fee is refreshed on your client. That's it!

    The work around for this is to either manually donate to the donation address (see the first post) or to use a custom pool.

    In order to use a custom pool, you would put the Dc address as the voting address, the Ds address as the pool fee address, and set the pool fee to whatever you'd like to pay the pool (the example below represents 4%). You can find these addresses at https://dcr.stakeminer.com/tickets under Step 3.
     
  3. adam2312

    adam2312 Jr. Member

    Jan 11, 2016
    118
    43
    Male
    This is great news!

    Why was 20% chosen as the sign-up limit? I'm thinking 5% is better for decentralization. If you'd agree, maybe 10% is a reasonable balance?
     
  4. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    Thanks Adam, we'll see how it goes... but I suspect this pool will become a discount, lower cost higher volume pool. If folks contribute enough, I'm happy to cap it lower. I do hope everyone pays what they think a highly available pool is worth to them. It'll be interesting to see, I'm going to work on some reporting from the blockchain on the fees and will post some aggregates once things get rolling.
     
    adam2312 likes this.
  5. Noah

    Noah Member
    Advocate (Twitter)

    Feb 1, 2016
    152
    97
    Male
    Amsterdam
    This is an amazing idea. With this act you will become a true Decred legend
     
  6. Shadowlance

    Shadowlance Full Member

    Jan 9, 2016
    218
    154
    Male
    Just so you know, at 0.01% you'll lose all of your income to transaction consolidation.
     
  7. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    I like to think that folks will pay what a pool is worth to them and not just pay the minimum.
     
    Noah likes this.
  8. Shadowlance

    Shadowlance Full Member

    Jan 9, 2016
    218
    154
    Male
    Well, just keep in mind the consolidation costs. I think the other pool owners did the numbers and anything below 4% gets significantly eaten up by transaction fees.
     
  9. jet

    jet New Member

    Jan 29, 2017
    38
    8
    Web
    So it means in CLI language we can do

    Code:
    purchaseticket "default" 50 1 DcExampleAddr1For2Demo3PurposesOnly 1 DsExampleAddr1For2Demo3PurposesOnly 0.01
     
  10. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    Yes, that would set your pool fee to the bare minimum of a hundredth of a percent. If you are intending to send 1%, then you would simply set it to 1. The instructions can be found:

    https://dcr.stakeminer.com/tickets
     
  11. anvoice

    anvoice Member

    Dec 22, 2015
    226
    76
    Male
    I think this will be an interesting social experiment. You'll probably get some "seeders" and a ton of "leechers", so this could be a balloon trying to float a tractor. Wish you luck though, it would be nice to see it succeed.
     
    Noah likes this.
  12. gratefulcheddar

    gratefulcheddar New Member

    Jan 9, 2017
    12
    4
    Male
    CS Student
    IL
    Might it help that the minimum transaction fee is getting dropped to .001 DCR/kb?
     
  13. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    Stakeminer has been upgraded and voting preferences can now be set. When logged in, you'll find a new Voting tab at https://dcr.stakeminer.com/voting.

    Please note that actual voting is coming soon.
     
  14. antiplex

    antiplex New Member

    May 3, 2017
    12
    0
    europe
    #14 antiplex, May 4, 2017
    Last edited: May 4, 2017
    woot, thanks for your efforts to bring another PoS-Pool to the community! I was preparing for my first ticket-buys yesterday and signed up at stakeminer. after confirming my account I tried to enter one of my acounts addresses pubkey-addr into my stakeminer account in order to get the redeem script but could not manage to get that as al I got was an empty page with a title containing 'error'.

    so are all systems up and running so far?

    as I am new to PoS I wonder if I might have misunderstood something and picked a wrong accounts pubkey-addr or anything like that leading to the error. further details to my setup can be found in my post in the newbie-PoS-guide-thread.
     
  15. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    Hi, yes... all systems are up and running. The error you experienced was while we were rolling wallet upgrades. I'll also mention that at no time are less than 2 wallets running voting during the upgrades... however the stakepool site does not always handle this situation well and will sometimes put up an error page during certain operations. This should only happen during upgrades like this (and I'll look into why the error page did not specify we were under maintenance).

    Thanks
     
    antiplex likes this.
  16. antiplex

    antiplex New Member

    May 3, 2017
    12
    0
    europe
    woot, thanks for clarifying, explaning and your prompt response! :)
    i've tried the same thing again and this time everything seemed to work fine so I'm good to go and see if I can grab a ticket for a reasonably priced fee soon.

    now what made me wondering is how (=in what format) I'd specify a poolfee of say 4.6%. is a dot (.) sufficient or do i need to use a comma (,) to precede the decimals?

    one more thing: knowing that this is not really the right sub-forum to ask I yet would like to ask you which account I need to specify with purchaseticket as also asked (but unsanswered so far in my linked post above). does it need to be the one of which i took the pubkey-address from to generate the redeem script, or can it be a different one within my wallet and does this specified account have to have a balance equal/greater than the spendlimit specified?
     
  17. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    I don't believe command line uses your locale settings, so you'd use a dot.

    As for the other question... you can use any account in your wallet to purchase tickets. The balance does have to be high enough to cover the ticket + transaction fees.

    You can verify a ticket is purchased in the tickets tab. If for some (rare) reasons you do see a ticket in an Invalid state, we can manually override it for you so that the stakepool will vote on it... and we'll look closer at your steps.

    Hope this helps
     
  18. antiplex

    antiplex New Member

    May 3, 2017
    12
    0
    europe
    woot, thanks to your help i was successful purchasing my first PoS-ticket which is now mature and waiting to vote in your stakeminer-pool, so thanks once more! :)
    dot seemed to work fine for specifying the pool-fee as it seems, too.

    one more thing i came across: running walletinfo on my corresponding wallet gives me "voting": false which seems legit to me as the pool will handle my vote, right? what would happen if it would return true?
    i read in another thread that one can use pool-voting plus additionally (for backup/failover purposes) have his/her own wallet enabled for voting...
     
  19. woot

    woot New Member
    Pool Operator (PoS)

    Jan 19, 2016
    49
    24
    Male
    Correct. This just means that your wallet isn't currently enabled for voting. You can enable it and run it as a backup if you really want to, it won't hinder the stakepool.
     
    antiplex likes this.
  20. nomad

    nomad New Member

    May 5, 2017
    8
    0
    Male
    Germany
    #20 nomad, May 8, 2017
    Last edited: May 8, 2017
    hi @woot, i am a decred newbie - how do I set pool fee when using decrediton?
     

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