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2221  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com on: August 06, 2013, 03:27:11 AM
We can be "autoswitching into dud coins" because it is very possible that coins look very nice on paper (theoretically the most profitable) but in practice it could not be the most profitable, even by a long shot. The whole point of this pool is indeed to attempt to switch to the most profitable but perhaps some real-world conditions are coming into play that are not taken into account when calculating the most profitable coin on paper

There are some real world factors I don't take into account very well. One is that when we switch, we lose out on a few seconds of hashing. I've "tweaked" some specific coins to adjust for this, as to not switch as often to coins that are only going to be mined for 10 seconds then switch back.

Also, I'm sure it's the case that having that gap while switching is putting wear and tear on GPU fans, and creating system instability.

The real solution is to eliminate the gap.

If anything it's giving the fans a few seconds of rest, I wouldn't worry about that. I don't see why temporarily dropping the GPU load while switching would cause instabilities by it's self. It would be a coincidence for a system to crash at the same time, it would've eventually crashed on it's own without the coin switch.  
2222  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com on: August 06, 2013, 03:20:51 AM
I've talked way too much about difficulty in this thread. It doesn't play a factor.

Are you sure about that? I know that 16x 32dif shares will pay out the same as 1x 512dif share, but when we hit those blocks that simply fly by without any solved shares wouldn't it be better to get a few 32dif shares in? Or is it simply about solving blocks at that point making shares irrelevant?

Sorry if this has been discussed already, I haven't had time to read this entire thread.
2223  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com on: August 06, 2013, 02:54:31 AM
The coins we switch to that have low difficulty are in fact more profitable. Even with the high reject rate, sometimes as much as 70%.

The people who benefit from these coins most are those with low reject rates. Not those with high hashrates.

High hash rates and luck lead to lower rejects, while ping also plays a smaller factor. The smaller miners (5xxx and 6xxx cards) get crushed with these coins, while fast cards don't fare all that much better with 512 difficulty coins.

If I'm misunderstanding something, I apologize. I'd appreciate an explanation to understand properly, though.
2224  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com on: August 06, 2013, 02:40:45 AM
I love the idea of this pool, and have been using it with ~17-18MH/s for the last 2 days. I don't have any time to manage my miners these days, so this is a perfect solution.

That being said, the issues listed above are a problem which I've also noticed.

My setup looks something like this:

7970s mining @ 800KH/s
7970s mining @ 740KH/s
7950s mining at 655~680 KH/s

Everything works great for the most part, except when the pool switches to low difficulty and or low block time coins. Right now, the pool is mining what I assume to be Litecoins because of the 54.9M difficulty level. When we're mining high difficulty coins like this, everything is fine and all of my cards are able to submit shares @ 512 difficulty since we're working on those 54.9M difficulty blocks for long enough. In this case, 512 difficulty shares are perfect.

The problems start when we switch to less than 50~100k difficulty or so coins, from what I've noticed. 512 difficulty shares simply take too long to calculate, and new blocks are discovered before 90% of us have a chance to even submit a single share. This means that we are (mostly) all burning electricity and wasting time for absolutely nothing, as only the 10% (in this made up example) of the pools users are managing to submit shares/blocks while the rest of us get nothing due to the 512 difficulty setting.

The solution to this is very simple, thankfully. We need lower difficulty, 128 or max 256 difficulty shares. Unfortunately, this causes problems for the pool operator since it's increasing the work load on his server.

A better, but harder solution which may or may not be possible for the server:

Coin difficulty >500k = 512 share difficulty
Coin difficulty >200k = 256 share difficulty
Coin difficulty >100k = 128 share difficulty
Coin difficulty >50k = 64 share difficulty
Coin difficulty <50k = 32 share difficulty

I think this would optimize profits for everyone, including the pool operator who would end up collecting more fees off of our higher individual profits received from submitting low difficulty shares on super fast coins which are currently escaping us.

Thankfully I've got quick mining cards. I can only imagine how much worse the problem must be for people mining on 6 and 5 series cards.

h20, you've been doing a stand up job managing and tweaking the pool. You deserve more than all the profits you've been making so far from the 3% fee. Lower the share difficulty, and you'll have just that.  Smiley

Thanks for running this awesome pool, and I really hope this small problem gets resolved when you have the time so that myself and others can continue mining with you. 

2225  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BETA][EXCHANGE][REALTIME] CoinEX realtime exchange with ZERO FEES for beta on: August 02, 2013, 01:55:56 PM
Excellent job, guys. The exchange has a bright future with you behind the helm.

Looking forward to having some free time to catch up with everyone and the quickly evolving scene.

Take care
2226  Bitcoin / Hardware / Re: Block Erupter USB Sales [New Sales Policy with New Price] on: June 24, 2013, 12:30:15 PM
Awesome. Bought 6 of these at the old price 12 days ago and still don't even have them, and now a price drop. Fucking great.
2227  Alternate cryptocurrencies / Altcoin Discussion / Re: New ASIC Scrypt Miner for BITBAR "pictures" Proof on: June 20, 2013, 03:44:19 AM
Lol. At least use a Seasonic for your next prototype.
2228  Bitcoin / Group buys / Re: [Block Erupter USB] - IN-STOCK NOW - Ships Tomorrow!! Start mining this week!! on: June 11, 2013, 03:37:58 AM
Fresh inventory has arrived - see OP for revised ordering instructions.

Order now and your miners ship out first thing tomorrow morning!!

Testing an order to Canada tomorrow so if that goes well, expect more international shipments to come!

Now to start packing these little guys for their new homes...

That would be me.  Grin

Thanks kosmokramer! Can't wait to fire them up.
2229  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][FTC][POOL][PPLNS][anti-DDoS] FeatherCoin pool (its #1 top on coinwarz!) on: June 10, 2013, 07:21:33 PM
we need some more hashpower Smiley

Ask and you shall receive. All rigs pointed at your pool.
2230  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][WDC][DGC] Online wallet! on: June 10, 2013, 04:48:37 PM
Awesome work erundook!
2231  Alternate cryptocurrencies / Altcoin Discussion / Re: Sapphire HD 7970 over 700kh/s - Windows 7 - CGMiner on: June 10, 2013, 04:12:05 PM
As far as I know Reaper is the only mining app that requires a lot of ram.

My 6x 7970s with cgminer use 325MB of system ram.  This is on a system that currently has 16GB of ram.
Cgminer itself does not use lots of ram indeed, however you DO need that large amount of ram just to create the buffers to speak to the GPU, even if they don't show up as used ram.

ckolivas,


Could you elaborate? Are you saying you need minimum 3GB of system ram if you're running a/multiple video cards which have 3GB VRAM each? Or would you recommend having 3GB for each card? Say 12GB of system RAM for 4x 3GB VRAM video cards?

Personally I'm running a few rigs with 6x 7970s in each, all at 740KH/s per card. Rigs have either 4GB DDR3 or 6GB DDR3 and I've had zero issues.
2232  Other / Archival / Re: delete on: June 10, 2013, 01:49:24 PM
Right now, unknown is Coinotron.




At least that's what I'm thinking.
2233  Alternate cryptocurrencies / Altcoin Discussion / Re: *** WorldCoin Pool Report *** All your WDC Pool Talk Here *** on: June 10, 2013, 01:43:24 PM
Doesn't anyone want to mine worldcoin anymore ?

In my case, solo mining is much better. I think lots of people are mining solo right now with the low difficulty. Pools will become popular once difficulty rises above a certain point.
2234  Alternate cryptocurrencies / Mining (Altcoins) / Re: SMOS linux 1.0 - Scrypt Mining Operating System on: June 10, 2013, 01:41:03 PM
I see that you've added the 4GB version, but also kept the 8GB version up. What is the difference between both, besides the size difference?
2235  Other / Archival / Re: [ANN] Cloudcoin | Currency | Filelocker | DNS | Deepweb | Chat | Prerelease on: June 10, 2013, 03:29:02 AM
Interesting. Curious to see how this works.
2236  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Phenix Safe Trade now supports WorldCoin on: May 30, 2013, 05:00:53 AM
Awesome, thanks for supporting WDC John!
2237  Other / Beginners & Help / Re: 25 WDC Giveaway - [87 Left] Enter Our Chat on: May 30, 2013, 03:53:06 AM
Come and get 'em while they're hot! PM either clint25n or prelude in the chat box if we aren't around.
2238  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WorldCoinForum.org Staff & Rapid Growth Report on: May 28, 2013, 12:53:08 AM
This is the most obvious sockpuppet circle jerk spam thread I've ever seen. You didn't even attempt to hide your flagrant self promotion. Carry on.

If an organized announcement makes this a circle jerk, guilty as charged.

Thanks for your constructive feedback.
2239  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WorldCoinForum.org Staff & Rapid Growth Report on: May 28, 2013, 12:35:33 AM
Incredible things are being worked on by the WDC community. Smiley Exciting times ahead, for sure.

Right now I'll be focusing on finding more moderators for our rapid expansion - PM me on worldcoinforum if you're interested!
2240  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] WorldCoinForum.org Launched - Join Us on: May 27, 2013, 11:00:15 PM
Up she goes
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