@Minerstorm: Looking at the stats of Suprnova it seems something is not working well there:


Is it true that the gains are so low? At the p2p it is:



Maybe you should contact the admin there to see if something is wrong. With your mining power you should have much higher returns.

PROS AND CONS

We understand this transition phase takes time to get used to, but it is much better for the coin in the long run. I will sum up some of the benefits here:

Old way
+ Higher reward
+ Constant quick block creation

- No more coins to mint in about 2 years
- High amount of empty blocks (98.7% was empty)
- Constant flow of new coins for unneeded blocks

PULSE
+ Quick block creation when needed --> linked to amount of transactions (TX) --> Amount of TX blocks went from 1,3% to 14%!
+ Minted coins will keep coming for about 15-20 years (instead of 2)
+ Future resistant: Does not need much mining power (10kh-500kh is sufficient)
+ Time forge not possible, due to unpredictable block creation
+ Slower influx of new coins will make current coins more valuable.

- Lower mining reward

About the difficulty (from Obfuscode on IRC):
Difficulty
Pulse generally spoken adds another layer of difficulty adjustment besides the well known difficulty-index of the merkle-root.

Network power
Pulse ultimately needs 10kh at it's lowest point (where we are now). We will soon launch a difficulty patch that will give it an upthrust and fix the difficulty at about 10.x or 11.x (something close to what it used to be).

Difficulty Adjustment
If the network regresses and less power is at disposal, the difficulty will be automatically lowered again. The difficulty will lower faster than it will rise. That's why there'.s more pressure downwards. This is to avoid having hard blocks and small miners that can't take it.

Rejects
These are a natural part of mining Quarkbar. The projection is that it will be 25% of what is being actively used, so 75% rejects due to Pulse. This means that the difficulty is lower than it should to fix the spacing.

Where do you have this experience and with how much power are you mining?

Indeed!

Was away for a while. Anything concrete?

Pool stuck?

Bitcoin went down to 50 bucks last year a couple of months before it went to 1200. Don't worry too much

I see my error

Yes, the ancient art of math:)

The current block time is not fully clear, but it is about 100 blocks/50 minutes (last 100 blocks) = 30 seconds

Current block height is 40710, so it will be 10546 blocks till next halving.

This is 10546 * 30 = 316380 seconds = 5273 hours = 219 days --> May 8.

Perhaps I'm wrong?

25.628 - 38.441 Reward: 800
38.442 - 51.255 Reward: 400
51.256 - 64.068 Reward: 200

51.256 will be the next reward halving

The amount of mining at the suprnova pool has also increased a lot, so the chances are lower. With the fixed low difficulty this might look like a lot of rejects, but f0o (obfuscode) can probably tell you more about it.

Would be nice

We have notified the operator of this pool that he still has to get on the right blockchain. We will let you know when it is safe to mine here!