Team,
I read a bit about possible SHA support and just wanted to understand if this was something simply slated for the future or if it was under active pursuit.
Thanks!
ETA for SHA support
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Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.
Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.
We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.
For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
-
Steve Sokolowski
- Posts: 4585
- Joined: Wed Aug 27, 2014 3:27 pm
- Location: State College, PA
Re: ETA for SHA support
The main limitation for SHA-256 support is building a large enough reserve to be able to handle the variance in bitcoin blocks. We need to have a large reserve in case bitcoin is the most profitable coin and we go days without finding any bitcoins. About a million dollars of reserve will give us a 0.1% chance of bankruptcy, which is acceptable for us.
We were very fortunate yesterday in that we discovered an error Poloniex made with "stuck withdrawals." We had attempted to withdrawal $5000 (1450 litecoins) for customers earlier in the year and lost track of it because it happened in small batches of only 100 LTC and a few hundred bucks wasn't worth as much as we could earn solving other bugs. We contacted Poloniex to get the withdrawal reversed, so because of this discovery we appear to have half the reserve already available.
We were very fortunate yesterday in that we discovered an error Poloniex made with "stuck withdrawals." We had attempted to withdrawal $5000 (1450 litecoins) for customers earlier in the year and lost track of it because it happened in small batches of only 100 LTC and a few hundred bucks wasn't worth as much as we could earn solving other bugs. We contacted Poloniex to get the withdrawal reversed, so because of this discovery we appear to have half the reserve already available.
Last edited by Steve Sokolowski on Thu Dec 14, 2017 4:56 pm, edited 1 time in total.
Re: ETA for SHA support
Oh! Great news with the stuck withdrawal!
You're lucky.
You're lucky.
Re: ETA for SHA support
Steve,
Any idea on the timeframe to have acceptable reserves?
We'll have S9s delivered in JAN to supplement L3/D3 machines already running so we're trying to plan where they will point to.
Any idea on the timeframe to have acceptable reserves?
We'll have S9s delivered in JAN to supplement L3/D3 machines already running so we're trying to plan where they will point to.
Re: ETA for SHA support
I also have an S9 on the way ETA for the end on January that I plan to put into your pool when its up.