I too haven't noticed any hit-and-runs lately. The blockchain has had a stable 400Mh/s+ for a while now. All seems fine there. Even though Nyan is vulnerable to an attack the likelihood is very low.

...and he wouldn't  be able to sell 46btc worth of CSC at the current price. If he tried to do so....and I'm sure he doesn't have anywhere near that much....it would drive the price down to nothing.

I just use google ads. Initially tried some BTC related ad services but quickly found google ads to make much more. One thing you cant do is ask people to click on your ads in support of the site. I hope miners realize that those ads help pay for hosting, etc. and if they see something that interested them they would click on it.

I really didn't spend much time optimizing the ads for the site. Kinda just threw them up there. I am fortunate that running the pools does not require an additional monthly cost. The equipment used (enterprise class physical servers) was probably in the $7k range (I forget...and that doesn't include all the auxiliary equipment) but had already been paid for and was not being utilized for anything else. Any expansion would have to be paid for out of pocket. I don't see it ever paying for itself.

The only motivation for me is that I consider this a hobby and find it fun to do. As a hobby any expense is just part of the cost to entertain myself.

I have found that having ads on your pool may cover that $20/month. I too run on donations but unlike MPOS where miners can donate a % of their rewards it is done manually. Have only received a few one time donations in the last 3 or so years.

Of course I have been around for a while now and support 8 coins so that probably helps. I offer the source code so anyone can run their own P2Pool node but that takes effort and skill most miners don't want to exert. Have thought of running MPOS pools (even bought the domain name onepool.net a while ago) but to be honest I'm out of space where I am currently at and expanding would require that I purchase additional equipment ($$$$). Hosting somewhere else would cost me a monthly fee and it is just not worth it if you are looking to make anything or even cover your costs.

Have thought of operating at a loss just for the fun of it but then I'm afraid I might have to one day shut it down for financial reasons and don't want to do that. It seems like you need some sort of differentiator to entice miners to use your service and remotely have the chance of making any money running a pool.

Let us know how it goes!

Anyone know the max bet on alterdice?

(great job so far on the client....was worried that it would look awful...like what happened to worldcoin...but it is looking good!)

Oh..ok. Read your first post incorrectly Carry on... 

One side effect of staking too often is an increase in the size of your wallet file. Have gone back to using the 5k version as that is currently staking every hour or so (with the current difficulty) vs every 6 minutes. I noticed the difficulty go way down by doing so....from .0021 to .0011.

The default wallet stakes a few times a day (2-3 I think) due to all your coins being used up (if you have under 2 million) and the 8 hours to maturity. I am considering going back to using that as I personally don't need to be staking that often. Yes it will reduce the difficulty but we should still see close to 40 second block times.

I always cringe when I hear about coins "changing the rules of the game"....or in other words subsidy....maybe that's just me but it makes me feel like you can't trust that particular currency anymore than you can fiat.

It's understandable if there was an initial mistake after a coin launches but changing just to increase value reminds me of two words: quantitative easing.

...kind of bothers me as one of the primary so called benefits of crypto is stability. Coins that change the rules demonstrate they can not be trusted.

...although, as a somewhat large holder it would benefit me financially

On a side note...it looks like I could make the max split a command line option using the command "reservebalance" as a template but that would take more time than I am willing to exert. Have not checked out how hyperstake or other coins do it yet.

I have been trying different amounts for the max split setting using this address: PSbEfgz1EVA5z2mNwwbiTftgPBzFjhY6p5

The latest amount I have been testing is a max split setting of 100.

Some observations...as we already know, reducing the max stake causes you to stake more often but with a smaller reward. The address above has about 81k worth of Potcoin but only about 6K is currently staked leaving the rest for new blocks or to be spent. The wallet anticipates a new stake every 6 minutes with the current difficulty of .0024.

When I was testing with a max split of 5K about 46k was staked with whatever the difficulty was at the time. We know that decreasing the max split will cause more stakes to occur but also increase the difficulty.

I think the time coins spend being "staked" is 8 hours before they are available again.

Thoughts?

With the hashrate at 26.5GH/s we need more miners at xpool.net!

Although tempting...I personally am not selling! Imagine where the price could go if it gets adopted.

I would recommend contracting cryptoid.info for the rich list. It is an excellent block explorer.

I don't see a need for this? Other coins have transitioned over to POS without having to do this. Why would we want to go through that messy process?


Potcoin recently went POSv2 somewhat successfully. Actually it was kinda a mess because they forgot(?) to include all the POSv2 code into the client before the switch (can't imagine!) and did not have a testnet to try out the changes but in the end they are now full POS.

There really does not need to be that many clients online to keep the blockchain going in POS (as I have seen with potcoin). One wallet can have multiple addresses or...have a low or user selectable (ideal?) nStakeCombineThreshold amount.

...but yes, having enough wallets/addresses staking is important and with the low level of interest in GLC I can see that being an issue.

Careful with using CoinWarz...they are slow to update coin data. Specifically the diff. Right now they say CSC is 37.2816 when it is actually 48.63. Makes a big difference in mining profitability.

Just confirming...finding blocks now!

(scrypt)

Thanks...this would explain why I wasn't finding blocks 

Fixed...myriad is using the notation 192.168.*.* instead of 192.168.0.0/16 for .conf.

I could not get it to merge mining scrypt either (using p2pool). I am successfully merge mining Doge, SYS, and VIA.

Error: