30? Why not 15?
I don't mind going to 15, especially if it means 6-7 pools with 15% each, but based on the current ecosystem with 3-4 total pools it's not that feasible. It's not like 51% in a pool is that big of a deal, since the miners could just drop out if an attack happened, but I plan to keep registration closed until the pool is in the 30% range and close when it gets to 40%. It's better to have some distribution among pools to support the coin, especially in case of downtime, etc.
It's a pretty big deal. Most miners don't pay attention to what share of the network their pool belongs to. If an attacker managed to somehow gain access to the pool's servers and wait until the pool went over 51%, they could easily screw over the network. I mean obviously it's not good to have a pool over 50%, but if your argument is that user ignorance is the root cause, I'm not sure how that can be corrected. It's definitely a security concern, but there's a difference between a pool attacking a network where miners have a corrective action to take and a malicious attacker who has uninterrupted control over >50% of the hashing power where the community collectively can do little to fight the attack other than buying or building more hashing power. |
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It's not like 51% in a pool is that big of a deal, since the miners could just drop out if an attack happened, but I plan to keep registration closed until the pool is in the 30% range and close when it gets to 40%. It's better to have some distribution among pools to support the coin, especially in case of downtime, etc.
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I'll be closing the p2pool node I have that's operating on a different sharechain on 4/28 and re-open the node on the new sharechain so we can pool these..pools together.
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In the spirit of bitcoin, there should be no (central) authority that controls the currency. Likewise, there should be no authority that says there should only be bitcoin. Add to that , bitcoin has its flaws (energy consumption for proof of work, block chain size (gigabytes and growing) and its shortcomings like point of sale confirmation speed.
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https://en.bitcoin.it/wiki/Stratumhttps://en.bitcoin.it/wiki/PoolserversEloipool modified for scrypt isn't that difficult and it has vardiff and stratum. Likewise, it's also not hard to modify pushpool to support stratum and vardiff. To my knowledge, there is no out of the box, open source on github pushpool with vardiff and stratum. The pool operators either modified it and didn't release it or use a different poolserver.
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The network is up to 400 MH/s , 3.8% of litecoin
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I've polished some stats screens, fixed FTC->FC, and fixed the block links to go to the block explorer. Registration is temp. closed to distribute hash to some other pools.  |
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AFAIK pushpool isn't capable of either vardiff or stratum out of the box. I could be wrong about this though.
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The owner of the FC Simple Pool could start a 51% attack anytime, couldn't he?
Registration Temp. Closed: http://fc.dontmine.me/registerDid I miss any pools on that list? |
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EVERY Don_Fee is greater than the last.
My first Don-Fee was 0.00022248 at 2013-04-20 04:43:48
Most Recent 0.00590691 at 2013-04-20 05:12:48, just 30 minutes later.
I call "bullshit coin"
Actually, it was 0.2 %, and "Don_Fee" is donation + fee You got paid: 141.91556044 In fees you paid: 0.18962156 Troll? Not usually. Where is this fee stated? If I missed it, I will gladly retract my negative statements. I've run it between 0 and 1%, usually 0.2% but it gets rounded a little bit so your net was 0.45%. If you don't like it go somewhere else; it costs me time and money (and FC when I make a mistake) to run the pool for a coin that can't pay the bills. It's just for personal enjoyment, no need to get so tense about it. |
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EVERY Don_Fee is greater than the last.
My first Don-Fee was 0.00022248 at 2013-04-20 04:43:48
Most Recent 0.00590691 at 2013-04-20 05:12:48, just 30 minutes later.
I call "bullshit coin"
Actually, it was 0.2 %, and "Don_Fee" is donation + fee You got paid: 141.91556044 In fees you paid: 0.18962156 Troll? |
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Are your reward calculations correct? I'm showing just over 1000/fc a day with 1 mh/s?
Most likely not, but let's figure this out. 1 MH/s is 1/250~ of the network. 50 blocks/hour approx are found currently so roughly 1200 a day for 240000 coins 240000/250 = 960 coins/day Understood, why am i then over an hour into mining there and my reward showing only 0.5 FC? is it because of the 100k pplns? because, at this rate, im looking at 12 fc/day, which is nowhere near correct. It's partly from that, and partly from the fact that it takes over an hour to get any blocks to confirm. Your steady state earnings should be Rounds/Hour * Round Estimate So 1 MH/s should be something like 1.2-1.5 estimate, and currently 30 blocks/hour puts it at 30-45 FC/hour You can also go to the transaction log and click unconfirmed to see some estimates for unpaid blocks. It's a lengthy query though, so expect to wait for it to load. |
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Are your reward calculations correct? I'm showing just over 1000/fc a day with 1 mh/s?
Most likely not, but let's figure this out. 1 MH/s is 1/250~ of the network. 50 blocks/hour approx are found currently so roughly 1200 a day for 240000 coins 240000/250 = 960 coins/day |
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Should be back in business again.
I had to raise the difficulty, the shares were too much for the database to handle (over 2k/second) so we're sitting at 1200~ shares per block now. I reduced the PPLNS period to 100k shares (roughly 80-90 blocks).
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I'll be taking the simple pool down for a few minutes to transition to yet another new host. Please update your miners on the simple pool only to: http://fc.dontmine.me:28339 |
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Seems to be working again, although I am getting a large number of stale shares =(
How about now? I forgot to include the new block notifier into pushpool, but it should be popping restarts again. Just some FYI Host 1: (retired) VirtualBox Debian 6.0.6 1/3 of AMD x3 450 512mb of RAM Powerline Ethernet (Flakey) Couldn't handle the pushpool load Host 2: (current) Debian 6.0.7 AMD x2 4200+ 4GB DDR2 RAM PATA HDD (The tape keeps the coins safe)  Bandwidth:  Host 3: (future) Switch from PushPool to Dynamic Statum w/ Proxy for older miners Debian 6.  Atom D510 (might not last long) 2GB RAM Public IP/Datacenter I couldn't find any VPS with bitcoin friendly ToS, and based on CPU usage no one would want me anyway, so I found a cheap dedicated server to play with. |
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