I really can't follow the craziness above.
Is there a simple explanation for the average payout dropping so far? It looks to be about 30% of what I was seeing the other... and it appears to be declining.
Thanks.
The simple explanation is... we have been SCAMMED. While I do have to admit that your conclusion is a POSSIBILITY, I don't think it is probable. Here's why. I've been with this, and other PPLNS P2P pools for some time. The gradual ramp up behavior is very common.. It does not surprise me at all. Now, something does appear to have changed... The results with identical input is different. There was some discussion about pool changes, and, to me at least, it seems something is not right. I would like to get some explanation from the pool OPs, so I can understand what is going on and to either correct the issue, or reset expectations, or make an informed decision and get out of the pool myself. That brings up my final point... You. You appear to be paranoid. (It still is called paranoia even when they ARE watching you for real, right ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . My suggestion would be that you take your own advice and move to a different pool just to be safe. There are only a few options then: 1). You are right, and the move made your results better, safer, more predictable. 2). You are wrong, and you moved without any reason. No real loss there, you just tried something new. So, pool OPs, any comment or explanation you can share?
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I really can't follow the craziness above.
Is there a simple explanation for the average payout dropping so far? It looks to be about 30% of what I was seeing the other... and it appears to be declining.
Thanks.
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Please stop mining Megacoin!
Why?
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- Today's profit is X.XXX BTC per MH/s per day
- 2 Week historical graph of profit
- IRC Channel for MiddleCoin (Freenode??)
- Main page to display active addresses, secondary page to display non-active addresses.
I've set up an IRC channel #middlecoin on FreeNode. I'm working on the historical graphs. They're tricky. With these in place, they should eclipse the need for the "today's profit" number. I probably should filter out the non-active addresses. The main page is getting kind of big. I knew I liked you for a reason! Thanks.
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c1010010's Feature Wishlist for MiddleCoin.com- Today's profit is X.XXX BTC per MH/s per day
- 2 Week historical graph of profit
- IRC Channel for MiddleCoin (Freenode??)
- Main page to display active addresses, secondary page to display non-active addresses.
Can't happen if you don't ask, right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Today's profit is 0.0342 BTC per MH/s per day.
It'll be nice to see those kind of stats on the site ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I think Litecoin should eliminate from middlecoin pool. because for about 100MH/s that this pool has, it takes 24 hours to find a block. Since we dont mine litecoin for 24hours, all of the shares result to nothing!
What do you think hdo??
Good point. just saw CoinBuzz post due to your quoting (hes ignored). this is a false understanding of mining. you cant know when you find a block (you can find a block with every hash you submit, but that would be extreme luck). its about mining the most profitable coin, if the pool finds a pool during the LTC round, it was worth it. if not, well you wanted to mine the most profitable stuff... math ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) it seems most ppl think that submiting lower (ie, diff 512 in this case) hahses builds a bigger share and this one solves a block which is wrong. then there are others who are saying; if you find nothing for 24h, your chance of getting a block is much higher. this is also false, if you find a block or not is not affected by all work done in the past! greetings I think you misunderstand my point... maybe. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Lemme try again. I completely understand that time to find a block is effectively random. You don't know when they are going to come. BUT you can pretty well get an idea of an expected time to find given a hashrate - @100Mh/s you can assume 12hrs for LTC (Not sure if that is entirely accurate, but lets just assume for now). If we never get to stay on LTC for more than 30minutes, then there is a very small chance that we would find a block. Sure, we may find one in 10 minutes, but the average would be 6hrs. I think his point, and my "good point" comment was based on that fact. If we can assume we find other alt-coins (on average) much faster, then the likelihood of finding one before we switch to a new coin is higher than with LTC. We would seem to be better off handling faster block coins than long block coins. Does that explain my comment better?
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I think Litecoin should eliminate from middlecoin pool. because for about 100MH/s that this pool has, it takes 24 hours to find a block. Since we dont mine litecoin for 24hours, all of the shares result to nothing!
What do you think hdo??
Good point.
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Choosing your psuedo-share difficultyTo get a good representation of your hashrate on the pool's graphs, and also to possibly improve your efficiency, you may find that adding the following to the end of your Infinitecoin address (including the + sign) will help. Just find your nearest hashrate from the table below: Hash Rate (KHash/s) Difficulty 1 +0.00000116 5 +0.00000582 10 +0.00001164 50 +0.00005821 100 +0.00011641 250 +0.00029103 500 +0.00058207 750 +0.00087310 1000 +0.00116414 For example with a 55 KHash/s machine, use: minerd -o http://treasurequarry.com:9844 -u YOURINFINITECOINADDRESSHERE+0.00058207 -p x This will make your miner report when it finds "pseudo-shares" of a certain difficulty (you'll still need to find real shares for payments to start, which may take anything between a few seconds to a half a day or so, depending on your hashrate). Once you do find a share, payments will start going straight to your wallet as soon as the p2pool finds blocks. Due to the way p2pool's PPLNS (pay per last N shares) works, the payments may seem to start slow but will reach a peak and reasonably steady rate after a couple of days or so. I've been playing with the site for some time, and lending all my my hashpower at times (10Mh/s). How far can I push your + notation? for example, for a 2.6Mh/s rig... can/should I use +0.003 ? Why not just set all my boxes to +.1 ?
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I guess the Dev/OP has given up.
Time to label this as a scam, and the Dev/OP as scammers? Why? Who did they scam? I consider taking the first 1Million coins for yourself and then preparing for a pump-and-dump a scam. So, if you mined them... you.
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I guess the Dev/OP has given up.
Time to label this as a scam, and the Dev/OP as scammers?
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[Request] VLC OP, VLC Dev - Ask You Anything
I think that you have a very interested group here that deserve your comment.
I have a bunch of questions I would like to ask, and if I get good, reasonable, and honest answers, I will help you bring this currency out of the stall it appears to be entering.
This is my one, and only request, for this.
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How do you suggest we work that out Chadd?
Get the dev and OP who pre mined and has the 1 million to spread it around as bounties for services and such. So I read up on this a bit. Seems rather fishy. Pleas correct me if I'm wring here: - there is a desire to make this coin 'fair' by forcing the first blocks to 0 coins, and gradually increasing them to normal value. Effectively saying that the ultra-low difficulties don't get tooooooo rewarded. - the Dev, here knows as "the cheat" for simplicity sake since I don't want to assign blame to a person till we understand more details and facts, wrote in a line so that they (or someone they designate) gets 1M coin for breaking one block. - the coin won't be picked up until this gets resolved. Right? If this is the case, then the person that wrote that line is behaving in a completely untrustworthy manner and needs to remedy this immediately. Seems incredibly greedy and short sighted. How? - spread it around to the finders of the previous blocks. You know o they are, and that would be the most fair. (Now that does, likely, include the cheat, but those would have been legitimately earned blocks) Why? Cause I'm done until someone comes clean and makes right. I have spent a lot of time on VLC and will not go any further until things get corrected. Image is everything with Alt-coins, and this is not good at all. A destroyed reputation of trust is almost impossible to fix, you only get one shot.
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Purely for scientific analysis, let me set up my rigs to jump on to some pure alt-coins... I'll do some measurement on stales and rejects
I'll set them up for all of these, but while I'm doing that, if you would put them in the order you'd like to see data...
Litecoin (LTC) Terracoin (TRC) FeatherCoin (FTC) Mincoin (MNC) WorldCoin (WDC) DigitalCoin (DGC) NovaCoin (NVC) LuckyCoin (LKY) Argentum (ARG) PhenixCoin (PXC) MegaCoin (MEC) BottleCaps (CAP)
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I have spoken to a few owners of websites and they will not touch VLC until the premine is sorted out.
could you please elaborate further?
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So, I love the concept of this site... just makes sense to me. So, first, thanks for putting it together.
The concern I have is that I (think I ) see a lot of wasted work.
Here is my thought process... please poke holes in it, or provide me with any thoughts as to how to improve. If I look at the available stats, this is what I see as far as reject rate (or what I see as my measure of wasted work).
Total : Rejected : 9.9452 Accepted : 562.2977 Reject Rate : 1.76%
#1 spot: Rejected : 0.5779 Accepted : 83.2802 Reject Rate : 0.69%
#2 spot: Rejected : 0.4847 Accepted : 28.0646 Reject Rate : 0.17%
#3 spot: Rejected : 0.7550 Accepted : 24.1685 Reject Rate : 3.1%
Me, specifically : Rejected : 0.2983 Accepted : 8.7335 Reject Rate: 3.4%
5x the reject rate of spot #1 20x the reject rate of spot #2 About the same of spot #3 and 2x the total reject rate.
I feel like I'm doing something wrong. I'm not the heaviest hitter here by any stretch, but I am in the Top-10 it appears. Why such a high reject rate?
First thing I do with other pools is check my latency and distance to the pool servers. Things seem fine in that area. Next thing I would do is to evaluate difficulty - but I don't have that ability here.
So, I welcome any comments/feedback/advice.
My goal would be 0% reject rate - but I know that is not possible. Clearly <1% is... so what can I do to achieve that?
Thanks.
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Any more visibility into the listing of VLC on cryptsy?
This "list"... can we see it where it stands?
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Hello c1010010, Welcome to the Treasure Quarry. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's a whole big bunch of Megahertzes you've got there...nice! You never know, some day you may be able to buy Independant Films with IFC ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ... actually that could be a very good idea! Thanks for the welcome. I'm set when these hit $1/coin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Been dabbling in Alt-Coins for the past few weeks... gave VLC a full 14 days, going to give IFC a run. I mean, I watch Independent Film Channel a LOT! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Swung 10Mh over your way for a while.
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Soooo... Cryptsy?
Where are the coins on Cryptsy?
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