Seeing some pretty good returns on Megacoin lately -- any plans to add it to Multipool.in?
It's in the works. |
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I'm not an idiot. I canceled my withdrawals and transferred everything out in Bitcoin the day the withdrawal notice went up.
Not necessarily a bad idea.... depending on how close to the front of the queue you were. I sold everything at a gain in the past 2 days. |
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Sadly it's only getting worse. We are beyond a 24 hour retarget at this point. Even 24 hours is bad, because in reality all that means is that only 480 blocks are mined for each retarget period (~2 days right now). That's quite a bit shy of the target 1440 blocks that are supposed to be created each day.
Yes, some action is required here. I am researching the best retarget times now. So not to introduce other undesired side effects. I am thinking now of 5 - 10 min retarget intervals. So we will do a hard fork in the near future to break this feedback cycle. Titan See if you can re-target based on time rather than block count, it should be pretty easy to do as each block has a timestamp so an "if greater than timestamp = x then adjust". Most devs take the easy way out and just change the block count parameter because it's easier to calculate when the last change occured, but just look at all the coins that have been high diff locked by the flash mining crowd to see that's pretty hopeless. I think an elapsed time diff adjustment, like 10min, 30min, 1hr or more should be good, just depends on how long you are prepared to leave the block rate out of range. If you adjust frequently, say every 10min, then you could set a limit like no more than +/- 10% change every 10min. So the ups and downs are a bit more graceful. If you went time based adjustments ask people to nominate the interval and the percentage to see whats prefered. You could even run a poll with some choices to see what miners want. eg. Interval Max diff adjustment 10min 10% 30min 50% 60min unlimited ... I see your point now. This is an interesting idea. There might be a problem if consecutive block numbers do not have consecutive time stamps. I have to think a bit about it. Certainly I am open to new ideas from the community to make the network more robust and secure and give a fair share to all miners. Titan You may want to look at Mincoin's diff adjustment. It handles the hashrate bursts rather well. |
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never mind, Closed minds wont understand. see for yourself the poll shows itself currently more people want multipool to stop mining ARG than continue im sure that says something. Im not going to reply now except for bump's well see the result at the end of the week
Thanks for the free publicity! |
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for starters you're graphs are incorrect. and as i said let the community decided thats not be begging thats democracy as simple as that. Now if youd be willing to get your head out of your ass and actually see the results when its closed then we can discuss it
I don't deal with e-stalkers. |
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Maybe it'd be a good idea to set up multipools for ARG, LKY, PXC -- just to make it easier to throw them a few hash during high diff to keep them going
I was looking at vern's lucky pool and I couldn't even register because he has more than 50% of the measly 10 mhs network hash
I mean after all we aren't trying to kill them off
ARG will die whether we mine it or not. There's already another 400MH coming onto their network during the low diff periods that's not us. So leaving now would actually weaken the network and potentially allow a bad actor to accumulate enough coins to do a 51% and double spend. Luckycoin's going to implement a fix. ARG isn't because their dev is MIA. (Actually their dev is Baritus now, and he's likely dumped the 10000 ARG "bounty" he received to take over, and so doesn't care anymore.) |
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so you're telling me you're pool switches coin every 10 mins? and the algo youre pool uses to switch coins is pretty much perfect? yeah right.
And sure we will see. And you need a rational reason, ill provide you with one. Bitcoin and its related crypto-currencies all exist for one reason decentralisation. By having your pool on the network as you said several posts before you have around 50 percent of the network. So to make sure the coin doesnt become far too centralised by you're pool forking the chain or having all the hashrate causing diff related problems for miners, you should leave. Not a good enough reason for you? ill provide another
The coin is dying according to some people. To people like you its a pointless coin if it isnt fixed to absorb flash miners such as your pool, so dont mine it and let its future be decided by its remaining miners. Still not a good enough reason? why not let the community decide? hold a vote for atleast a week perhaps getting it stickied by a mod. On wether multipool should continue mining ARG. the majority votes get to decide, i believe thats a fair enough deal?
Oh and btw, dev's dont make a coin. Its mainly community of supporters which do, something which i see more in ARG than in LKY. just saying
If I remove ARG, whoever has the other 400MH will have over 90% of the hashrate. My pool being on ARG during low difficulty periods keeps the coin more decentralized than if we weren't there. The coin probably is dying, however there are still periods when it's profitable to mine, and people are going to mine it during those periods. You are basically asking us to just let you have the coins rather than mining them. That's not a rational reason, it's begging. And if the community makes the coin, the community should fix the coin if the Dev doesn't want to. |
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Anyone else thinking of legal actions? MtGox has now stopped their support as well, it seems.
Certainly, yes! We customers have deposited a lot of money there, and that money cannot just evaporate. They can be frozen, ot stealen. MtGox should provide more info now! How much more info do you need? They explained they would shut down for a while. They explained they are back with several new banks, but it will take a while to ramp up and to work through the backlog. They explained new requests would not be processed until the backlog was handled. Doesn't look like the backlog is being handled though... I've seen several reports of funds being received in the past few days, but feel free to continue worrying. It will remind you to be careful who you give your money to next time. I'm not an idiot. I canceled my withdrawals and transferred everything out in Bitcoin the day the withdrawal notice went up. |
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markm, that was complete babbling gibberish. Are you drunk?
+1. I didn't get too I think he was saying that all of these new scrypt coin devs are either incompetent or scammers. |
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Not necessarily strictly related to this pool, but:
How might I automatically sell coins mined from this pool on exchanges?
You'd need to set up auto withdraw thresholds on all of your coins, then write a bot that uses the exchange API to automatically sell them. |
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why isn't roman at the helm keeping people informed and helping them?
that's the 2.8 million dollar question right there for me it is completely unfathomable Might have something to do with the way people have been talking about him in this thread, like he's the antichrist or something. If I were him I wouldn't be going out of my way either. We're lucky he's stuck with it this long. |
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Anyone else thinking of legal actions? MtGox has now stopped their support as well, it seems.
Certainly, yes! We customers have deposited a lot of money there, and that money cannot just evaporate. They can be frozen, ot stealen. MtGox should provide more info now! How much more info do you need? They explained they would shut down for a while. They explained they are back with several new banks, but it will take a while to ramp up and to work through the backlog. They explained new requests would not be processed until the backlog was handled. Doesn't look like the backlog is being handled though... |
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Wow. I haven't read this entire thread but pigheaded "I me me mine" get rich quick schemers have pretty much always been told from the start that trying to secure a blockchain is insanely expensive, it is extremely unlikely they will be able to secure yet another blockchain, especially in view of the fact the vast majority of already-existing blockchains still have not managed to be secured, heck even among those that use merged mining to secure as many chains as possible with a given amount of hash power not all are anywhere near secure, so it is crazy to fragment the available hashpower even farther by launching yet another scam.
They don't, it seems, care.
This that is happening to them is exactly what they knew would happen, and only the suckers who fell for the scam care, the bag-holders.
If the "developers" did not know it was going to happen they are unqualified for the "developer" job.
Thus any that are at all competent knew perfectly well what was going to happen and sucked in the bag-holders regardless.
In other words, they are deliberate, with-premeditation scammers.
The whole big argument in this thread spilling out to others just pretty much makes that simple fact pretty hard to fail to see, except maybe for the stockholm syndrome victims. (The fellow scammers who are part of the scam, jumping into each new ponzi early and dumping on the bag-holders of course knew it all along too and maybe might try to spew bullshit claims that its not a scam but they are pretty transparent too presumably.)
-MarkM-
Not sure if you're for us or against us, but welcome to the fray  |
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flound, a piece of advice. Get your head out of your fucking ass. Your pool may be technically more advanced, but compared to other pools ive seen. It is far from more reliable or stable. Your pool realistically is a piece of crap in the sense that its killing the coin's that it was created for and the method used to jump pool's wastes miners hashes and also causes anyone on your pool to lose money. I personally along with plenty of people would advice ANYONE who wants to mine a single coin to visit any pool except one like yours which offers diff hopping. I personally would promote nearmiss's d2.cc or CartmanSPC's pool's to mine on for ARG. They are more stable than your's will ever be.
Hopping pools costs about 0.5% efficiency over 10 minutes or 0.0000347% per 24 hours. Even if we hop 100 times a day, when talking about 100% or more extra return that is a negligible cost even to hop for 10 minutes. As far as the reliability, the pool has been fairly stable in the past week after having some scaling issues. My poolserver backend should be able to handle up to 3GH of scrypt mining at this point. You know adam i believed i had seen the most retarded of all people in this world. You just set that standard even lower. Have you ever actually done the math on how much wasted hash there is hopping to all different coins flash mining? You're the guy who had all his holdings in MNC right? I have done the math, as I stated above it's about 0.5% efficiency loss over 10 minutes. Reading comprehension not your thing? I guess you have a thing for coins who are abandoned by their devs. If you want to see what a coin with an active developer is doing to combat this issue, check out the luckycoin thread.
Also you've just admitted it yourself you had some scaling issues. Basically your pool was fucked adam, just admit it. Your great technological advance had flaws. TBH i doubt you're pool at whatever stage when diff hopping will support 3GH of scrypt and i hope if that time comes people realise the amount earned by a pool such as your's is pretty much halved. Scientifically its called the Placebo effect. Its all in your mind bro. I cant wait for you to implement auto conversion to BTC or LTC that way miners can really see how much theyre earning daily and then really see that they're wasting their time and money on a pool with an OP who's all mouth. IF you're right put your money where you mouth is, and either implement the BTC/LTC autoconversion and get real miners from your pool to provide all us with figures or otherwise shut the hell up and get the fuck away from ARG
I guess we'll see. I'm not going anywhere. I have yet to hear a rational reason why my pool should stop mining arg. Your insults don't help to convince me of that either. |
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flound, a piece of advice. Get your head out of your fucking ass. Your pool may be technically more advanced, but compared to other pools ive seen. It is far from more reliable or stable. Your pool realistically is a piece of crap in the sense that its killing the coin's that it was created for and the method used to jump pool's wastes miners hashes and also causes anyone on your pool to lose money. I personally along with plenty of people would advice ANYONE who wants to mine a single coin to visit any pool except one like yours which offers diff hopping. I personally would promote nearmiss's d2.cc or CartmanSPC's pool's to mine on for ARG. They are more stable than your's will ever be.
Hopping pools costs about 0.5% efficiency over 10 minutes or 0.0000347% per 24 hours. Even if we hop 100 times a day, when talking about 100% or more extra return that is a negligible cost even to hop for 10 minutes. As far as the reliability, the pool has been fairly stable in the past week after having some scaling issues. My poolserver backend should be able to handle up to 3GH of scrypt mining at this point. |
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I agree that it's borderline exploitative, however, since there is no *real* commerce or any kind of important service relying on this coin (that I have been made aware of ....
Please have your devs contact me about opening up my ARG port for direct mining. Surely they have some of that premine left, right? Or did they dump it already?
From exploitation on to extortion? You are a real piece of fucking work aren't you? The crypto community is such a better place with people like you in it. Something for us all to strive towards. extortion? I'm not offering to stop mining ARG on the multiport if you pay me off. I'm offering to provide a reliable pool 24/7 to ARG miners. How is that extortion? Coin devs routinely offer bounties for pools. |
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Does this coin even have a dev anymore?
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hashrate calcs are not entirely accurate, and impossible to properly calculate when there's such a drastic increase followed by sudden decrease.
Stop avoiding the issue. You're not making any more money by mining this way, especially mining LTC for hours without paying out, you're not doing anybody any favors.
If you are a pool owner, you do your own hashrate calc based on the block numbers and timestamps, it's not very hard arithmetic, yet I see pool after pool screwing it up. Some people do stoopid things like take an average since the last diff change, or over the last 100 blocks, rather than say over the last 10min. which would be more relevant. I don't do my own hashrate calculations, there is no reason to. For scrypt coins I use the getnetworkhashps function that's built into the client. Even if that was off, for some reason, you can still see the dramatic difference between the last two difficulty dips and the previous ones. Well, the best way it calculate is just to see how many blocks were mined by multipool: From block 56250 to block 56500 (those are 250 lower difficulty blocks), there were 160 blocks mined by multipool, which means multipool had 160/250*100 = 64% of the network The client said the network peaked at 871Mh. Most likely what happened is we switched faster and mined a bunch of blocks before the rest of the non-multipool hashrate came in. |
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BTW I think I've dropped enough science on the ARG thread to be entitled to consulting fees by now, but if anyone else wants to participate feel free.
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