Is coinsforall.io legit?

Mining
61

Should i stop mining on this pool until i get my share from the pool?

62

I also donĀ“t seem to be able to contact the admin

63

I stopped mining hereā€¦ No admin, waiting for 2 payments and nothingā€¦
This is a lesson for meā€¦ Learned !

64

No Its not scam , just wait and you will get you zec soon.

65

then why not 0.001 payouts and it doesnt count shared now too

1 Like
66

In my experience http://coinsforall.io is either a partial scam or not well implementedā€¦ or both. When trying the pool I did get paid - so far so good. However to find out if the pool is paying a fair share everyone must do the math, in my case:

My solutions rate = 64 Sols/sec (the pool says at CoinsForAll)
Total pool solutions rate = 220455 Sols/sec (the pool says at CoinsForAll)

Currently the ZCash block reward is 0.96 ZEC/block and rising. So for every ZCash block that the pool mines, I should be getting approx (myRate/poolRate)*blockReward i.e. (64/220455)*0.95=0.000275 ZEC

The blocks the pool mines are shown here: CoinsForAll so everyone can calculate over 8-12 hours or so how much he is owed and by the pool how much his balance actually increased. In my case I got a lot less than I should have got. I think the pool is ripping off miners

It would be good to have other opinions tooā€¦

67

Checked. Still no paymement. Like skrew just said, i learned my lesson and not trust that shitty pool

68

That makes it two of us (actually many more I guess)ā€¦

69

i had my first payment of 0.01 zec. so i am happy now :slight_smile:

70

It should possible to check what is the pools ZEC wallet address (all blocks found by the pool will go there)

And then calculate how much coins went in and how much went out ā€¦

71

Good ideaā€¦ But as we canā€™t contact the owner, this scam pool should continue to existsā€¦

72

Hello guys,
seem there is something wrong in this pool, no any payment
regarding to zcashclient-0.2.1 miner ā€¦ i note that it only work with this pool coinsforall
any one know why??? iā€™m afraid we lose with it !

coinpool.jpg1213Ɨ379 46.3 KB

STOP MINING ^^^^ WAITING THE FIRST Tx

EDIT :smile: i just get paid
http://coinsforall.io/#!/coin/ZCASH/wallet/t1g61TF8Vbr1yVohvhrVpEmh5c6aWzY1JHr

TxID : 6816b3956cd5bb3d40d500ba8a2d95f5c89df04f626ccdc1475ece340b4710a0

73

coinsforall is legitimate! I received payment in my wallet !! It can be time consuming but it all worked out. this delay in payment is due to update the portfolios zcash but is normal !!

74

seem that! any way we still mining and want to be in safe side

75

I also almost stopped mine but I received in my wallet! I will continue mining and anything i post here !!

76

better to keep watch here too Open Source ZEC (ZCash) GPU Miner AMD & NVidia (up to 45 sol/s on RX480)

11/1/2016 :::
Update : i get paid once. still i have bending - requested - iā€™ll update you guys with TxID soon :slight_smile:

77

I think ppl who mined with their z-cash address are f****d !

78

All: You can still continue to mine on this pool but as owner donā€™t reply anywhere and mail contact are fake, you will never see your coins when owner will decide to close all and run away with your coinsā€¦

You are just warnedā€¦

79

From this site:

For move your balance from unsupported Z-wallet to T send your empty wallet.dat with z-address and destination T-address to email extremal.ik71@gmail.com

Has this worked for anyone?

80

no payment since 2h and keeps hanging in ā€œrequestedā€