Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: mikewirth on August 17, 2015, 03:31:02 PM



Title: Time to Switch from Eligius
Post by: mikewirth on August 17, 2015, 03:31:02 PM
I 've been mining on Eligius with over 50Thash.  I think Luke Jr. is a dick - but didn't care as it was an easy pool to set up.  So I just stayed there.  Now, we have a real issue.  I support XT.  I want to switch my mining to an XT pool. 

Which pool is presently on XT?  I know AntPool is planning on going to XT, but I want to go to XT now.  Should I switch from Eligius and who do I switch too for easy pool mining?



Title: Re: Time to Switch from Eligius
Post by: pedrog on August 17, 2015, 03:37:10 PM
Has any pool made a statement in that regard?

I know the majority supports bigger blocks, but actually start using XT I'm unaware of that.


Title: Re: Time to Switch from Eligius
Post by: tadakaluri on August 17, 2015, 03:38:47 PM
Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?


Title: Re: Time to Switch from Eligius
Post by: S4VV4S on August 17, 2015, 03:39:20 PM
I don't know which pools already have XT, but I want to know why everyone hates Luke Jr?
It's like every 100th post there must be someone dissing him.
Why?


Title: Re: Time to Switch from Eligius
Post by: pedrog on August 17, 2015, 03:40:21 PM
Here, take a look at these:

UPDATE: block 370084 201508160639UTC

Total known mining power supporting big blocks: 68.86%

8MB:
F2Pool (19.77%): https://i.imgur.com/JUnQcue.jpg (Chinese)
AntPool (16.68%): https://www.blocktrail.com/BTC/tx/1c7ce8b32ffa6f3ceb6a343828bc6d9fbf10a06bb884ecee042d6740716d0bda
BTCChina (11.86%): https://www.blocktrail.com/BTC/tx/498e4a4225a9cd147ec5091fbcf2a3ca2a9a0f8e18566af50e37c1802360b82b
BW pool (7.14%): https://www.blocktrail.com/BTC/tx/0fe25d362c3567ec7d9b485aa8d77c10c27bc464c610eab8639fc3876518cd4a
KNCMiner (4.63%): https://www.blocktrail.com/BTC/tx/4022ca10810c7ce69a17bc612a94c1114cabd7fa8141106c12b0c402ecd68076
Slush (4.63%): https://twitter.com/AlenaSatoshi/status/631369094718164992
21 Inc (4.15%): https://www.blocktrail.com/BTC/tx/fa142a8cac0a292d8319b8f8cd048dcb6c577dafcdd0a96842eedfeb9ab07927
Huobi (unknown): https://i.imgur.com/JUnQcue.jpg (Chinese)

Data source of mining power: 1 week data at https://www.blocktrail.com/BTC

Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?

Aren't you following the debate?


Title: Re: Time to Switch from Eligius
Post by: mikewirth on August 17, 2015, 03:46:51 PM
Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?

The guys who built Lightning Network want to hit the 1MB limit so their project becomes needed.  Then, they will let everyone come in for free for a few years.  Then, they will start to charge for their 'services'.  

We don't need a complex technical solution (side chains) controlled by private parties - to make Bitcoin work.  Bitcoin works on its own - with larger blocks.  Why put in place an unnecessary limit (1MB) just so some guys have a reason to built their sidechain projects?  I call bullshit.  

Bitcoin XT is Bitcoin.  From the beginning, Satoshi imagined blocks which could handle more than 7 tx per second.  1MB limit was introduced with the intention of it being later removed.  

Sidechains to increase transaction rate will lead to crazy complexities.  Everyone needs to keep the original Bitcoin strong and avoid creating need for complex add-on systems like sidechains and Lightning Network.

There is simply no explanation at all why the 1MB should remain.  


Title: Re: Time to Switch from Eligius
Post by: LiteCoinGuy on August 17, 2015, 03:49:06 PM
are you guys crazy?! stop talking about that!

 :-X  :-\



(p2pool i guess)

https://www.reddit.com/r/bitcoinxt/comments/3h5rou/support_bigger_blocks_by_mining_bitcoin_xt_with/

+
Toomim Bros
https://bitcointalk.org/index.php?topic=18313.msg12153437#msg12153437


Title: Re: Time to Switch from Eligius
Post by: meono on August 17, 2015, 03:50:06 PM
Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?

Funny when ppl made their choice, the hypocrites will question them.

Yet if its the other way around, they're being called shills and FUDsters.



Title: Re: Time to Switch from Eligius
Post by: meono on August 17, 2015, 03:51:00 PM
I don't know which pools already have XT, but I want to know why everyone hates Luke Jr?
It's like every 100th post there must be someone dissing him.
Why?

You're too new to know. Its a long history. Gotta wait for someone to write a book about it.  ;D


Title: Re: Time to Switch from Eligius
Post by: meono on August 17, 2015, 03:52:54 PM
Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?

The guys who built Lightning Network want to hit the 1MB limit so their project becomes needed.  Then, they will let everyone come in for free for a few years.  Then, they will start to charge for their 'services'.  

We don't need a complex technical solution (side chains) controlled by private parties - to make Bitcoin work.  Bitcoin works on its own - with larger blocks.  Why put in place an unnecessary limit (1MB) just so some guys have a reason to built their sidechain projects?  I call bullshit.  

Bitcoin XT is Bitcoin.  From the beginning, Satoshi imagined blocks which could handle more than 7 tx per second.  1MB limit was introduced with the intention of it being later removed.  

Sidechains to increase transaction rate will lead to crazy complexities.  Everyone needs to keep the original Bitcoin strong and avoid creating need for complex add-on systems like sidechains and Lightning Network.

There is simply no explanation at all why the 1MB should remain.  

What the hell?, your account is new and it does not look like "reputable member"  hence your opinion is invalid.



Title: Re: Time to Switch from Eligius
Post by: shubhankar das on August 17, 2015, 03:56:04 PM
Bitcoin is money.it is really a very most apps.many peoples earns from it.time to switch from eliguis ;)


Title: Re: Time to Switch from Eligius
Post by: unamis76 on August 17, 2015, 05:46:19 PM
P2pool seems your option, as far as I've read, but there doesn't seem to be any blocks mined with clients supporting bigger blocks, so far.


Title: Re: Time to Switch from Eligius
Post by: Ilove-Obama on August 17, 2015, 08:43:22 PM
Bitcoin is money.it is really a very most apps.many peoples earns from it.time to switch from eliguis ;)

bitcoin is not just money but also anonymity


Title: Re: Time to Switch from Eligius
Post by: turvarya on August 17, 2015, 08:52:58 PM
There is no rush. The BitcoinXT-client is pretty new, I guess it will take the miners some time to upgrade to it.
I don't get, why the numbers now are that important, since the change would take place earliest in January 2016. There is no harm if everybody would wait till e.g. November to upgrade.


Title: Re: Time to Switch from Eligius
Post by: Meuh6879 on August 17, 2015, 09:52:42 PM
Which pool is presently on XT? 

Coincadence support XT (P2Pool network).


Title: Re: Time to Switch from Eligius
Post by: DGulari on August 18, 2015, 12:23:30 AM
I 've been mining on Eligius with over 50Thash.  I think Luke Jr. is a dick - but didn't care as it was an easy pool to set up.  So I just stayed there.  Now, we have a real issue.  I support XT.  I want to switch my mining to an XT pool.  

Which pool is presently on XT?  I know AntPool is planning on going to XT, but I want to go to XT now.  Should I switch from Eligius and who do I switch too for easy pool mining?


A lot of people think this.  The guys at CounterParty hate him for hating OP_Return.


Title: Re: Time to Switch from Eligius
Post by: bitcreditscc on August 18, 2015, 03:22:07 AM
Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?

The guys who built Lightning Network want to hit the 1MB limit so their project becomes needed.  Then, they will let everyone come in for free for a few years.  Then, they will start to charge for their 'services'.  

We don't need a complex technical solution (side chains) controlled by private parties - to make Bitcoin work.  Bitcoin works on its own - with larger blocks.  Why put in place an unnecessary limit (1MB) just so some guys have a reason to built their sidechain projects?  I call bullshit.  

Bitcoin XT is Bitcoin.  From the beginning, Satoshi imagined blocks which could handle more than 7 tx per second.  1MB limit was introduced with the intention of it being later removed.  

Sidechains to increase transaction rate will lead to crazy complexities.  Everyone needs to keep the original Bitcoin strong and avoid creating need for complex add-on systems like sidechains and Lightning Network.

There is simply no explanation at all why the 1MB should remain.  

What the hell?, your account is new and it does not look like "reputable member"  hence your opinion is invalid.



I back his/her statement, not just because it's bleeding obvious but also because i very enthusiastically read through the whole side chains idea and labelled it what it is : - A great tech feat, but not a viable solution.



Title: Re: Time to Switch from Eligius
Post by: ABitNut on August 18, 2015, 04:43:12 AM
<snipped>

What the hell?, your account is new and it does not look like "reputable member"  hence your opinion is invalid.



<snipped>

I love how you resort to discredit "new account" as if that would validate your points or the lack of.

<snipped>

You're an hypocrite, Meono. I don't care if you're using an throw-away account or not but I find your attitude more offensive than constructive. Unless your agenda is to offend people I suggest you change your tone.


Title: Re: Time to Switch from Eligius
Post by: knight22 on August 18, 2015, 04:56:37 AM
You might be interested in this

https://www.reddit.com/r/bitcoinxt/comments/3hcx9u/should_i_set_up_a_bitcoinxt_pool/


Title: Re: Time to Switch from Eligius
Post by: jtoomim on August 19, 2015, 02:06:35 PM
Slush's pool apparently has an XT option. They got the first XT block.

https://www.reddit.com/r/bitcoinxt/comments/3hhbm5/first_mined_xt_block_370434/cu7ck01

Toomim Bros operates a p2pool node using XT at 74.82.233.205:9334 and a p2pool node using Core at 74.82.233.205:9332. You're welcome to use either of those if you like. There are also a few other XT p2pool nodes out there. Keep in mind that optimizing performance with p2pool is a non-trivial task. Unless you have Spondoolies miners, I recommend you go with Slush's pool.


Title: Re: Time to Switch from Eligius
Post by: Liquid71 on August 19, 2015, 11:15:49 PM
I 've been mining on Eligius with over 50Thash.  I think Luke Jr. is a dick - but didn't care as it was an easy pool to set up.  So I just stayed there.  Now, we have a real issue.  I support XT.  I want to switch my mining to an XT pool. 

Which pool is presently on XT?  I know AntPool is planning on going to XT, but I want to go to XT now.  Should I switch from Eligius and who do I switch too for easy pool mining?


Well you posted in the right forum, XT is an altcoin and Eligius is a Bitcoin mining pool.

I think you're a dick but didn't think I should start a thread to alert everyone to my opinion of you.

XT is shit, and killing the price of BTC

Your 50ths has no effect on the future of BTC or XT so what pool you use is meaningless



Title: Re: Time to Switch from Eligius
Post by: bt62567 on August 20, 2015, 12:07:40 AM
XT is just a good way to get cheap coins in the end of things, so first of all thanks for the cheap coins.. Obviously right? My knowledge is limited, but I am surprised that something like XT can even be committed in the first place. The fact that there isn't an adaptive acceleration algorithm put in place is sad I suppose. What else do you think will happen? Blocks can't stay at the same size forever obviously. I am sure there is drama to the situation right, but is it real, is it just synthesized? This is literally a babystep. Everything I have read about this situation is fudded to shit and is different than the other things. Practically a joke and anyone that dumps coins to push price down further, in the purest sense, is an idiot. Sure, price can go down to 175, 150. Is it a problem? no. So many ways I could approach everything on this topic as I am sure most people could, but in the end its just a waste of energy, unless of course you happen to be Gavin. I just want to say, again, that XT getting pushed is a complete joke and an insult to everyone in this community. I am not saying that some of the things XT represents are necessarily incorrect, but  the context and a whole bunch of other associated things are just botched. I don't know who to directly thank, but thanks for clusterfing bitcoin.

And regarding eligius, I really like the pool and honestly I have more faith in luke, wiz, at this point more than anything else probably, although I wish I had more experience to integrate with my biases.

edit: I am buying dash periodcally just in case someone screws with it too much