Are you telling me that the bonus is 22% of the hash power? That in an entire week even with $350 of bonus we only attracted $1200 of buying power to BTS?
We need to get the bonus much closer to 5% for this to be worth it in the long run.
Yes - that's what the data says. Another way to look at it though is...
In only a week, with no concerted marketing effort the pool has attracted 10x the buying power to BTS than it did without the bonus.Not to discount the efforts of our community in trying to get the message out this week - thank you.
I agree we need to keep a close eye on the 'return' on your bonus investment... it's too soon though to measure it's true effectiveness...
What your helping to do now though is build up a history of profitability which miners will look at to gauge if they should switch or not. They won't bother to move if there is no history of performance.
There are three key initiatives that are underway that will quickly let us know if this is ever going to be effective...
I secured today an agreement to have the pool listed at the primary multi-pool profitability comparison website
http://poolpicker.euI'm working on a step-by-step guide for X11 miners to improve their hashrate/profitability by upto 70% that will be hosted on the pool and shared with the crypto commmunity
rgcrypto and the team have offered assistance to help develop a marketing campaign for the pool.
I'll discuss measuring the effectiveness of the pool with rgcrypto and the team on Sun and see if we can set some realistic goals and timeframes that we can review together.
I do need some help though - It'll likely take me at least 2 weeks to do this, can you recommend anyone who could help quickly modify the pool code to produce a JSON API that can be called by the
http://poolpicker.eu comparison site to produce the following style of output...
The sooner we can do it the sooner we'll be listed...
{"scrypt": {
"2014-07-21":"0.0052136",
"2014-07-20":"0.0051156"
},
"x11": {
"2014-07-21":"0.0052136",
"2014-07-20":"0.0051156"
}
}
All the core code to achieve something similar is already in the core NOMP pool code here
https://github.com/zone117x/node-open-mining-portal/blob/master/libs/api.jshttps://github.com/zone117x/node-open-mining-portal/blob/master/libs/stats.jsthanks