I wonder if removing
bool detect_stratum(struct pool *pool, char *url)
{
...
if (opt_scrypt)
return false;
...
}
from cgminer.c will fix this. |
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bump and updated with stratum mining information. first stratum pool is ltcmine.ru
no good ckovalis says it is disabled when using scrypt, if using cgminer that is don't know about others. you can't use it with -o stratum+tcp://pool:port ? With stratum on you should get <1% rejects and much closer to 0% like with BTC The advantages of stratum to the miner are no
delays in getting more work for the miner, less rejects across block changes,
and far less network communications for the same amount of mining hashrate. Alternatively you may use the stratum mining proxy they provide: https://bitcointalk.org/index.php?topic=92522.msg1399450#msg1399450edit: no, it's buggy for me and won't submit shares using the command line. you'll have to use the proxy i guess. |
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bump and updated with stratum mining information. first stratum pool is ltcmine.ru
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7950s. $260 for 600kh/s. If you can find them used 5970s which get ~700. The 69xx cards use too much power for my liking
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My investments go like this: 50% Bitcoin, 30%Litecoin, 20% Silver/Copper/Other metals & investments. I also have a handfull of PPC, but I'm not willing to invest much more than my few bitcoin worth. I feel like it is TOO risky. There is high risk in all p2p currencies. One law passed, MtGox gets hacked, etc...etc... and the price could crash without ever really going up again. Really, the safest investment you can make right now is pizza & beer. You should see my nestegg of that spilling over my belt  I'm holding 80% LTC 20% BTC. ASICMiner's company should be going live with ASICs on the bitcoin network by the first or second week of January, representing some 20-30 TH/s increase in the network. However, we should be aware that large scale operations like ASICminer need to dump the BTC they mine into the market to realize USD/EUR profit, in which case I think we'll see crazy BTC volatility in the near future. As opposed to this, anyone wanting to mine with video cards will have no choice but to move to the litecoin network and the hash rate will skyrocket. The future is bright for litecoin if you're willing to be patient. Think about it this way: the BTC network before block halving was about 35 TH/s, of which probably 95% was video cards. Let's say a little less than half of those GPU miners come to the litecoin network, adding a conservative 15 GH/s. That would bring the network difficulty up to nearly 500, an order of magnitude or more. |
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The odd feedback loop that exists in PPCoin is this:
1. The more coins there are, the less each ppcoin will be worth.
2. The less each ppcoin is worth, the less incentive there is to mine.
3. The less incentive to mine, the fewer mines there will be which lowers the hash rate
4. The lower the hash rate, the lower the difficulty and the higher block reward.
5. The higher the block reward, the more coins there will be.
6. Go back to 1.
However, I figure that when ASICs come out, the hash rate and difficulty of PPCoin will go up and the block reward, and supply of coins, will drop severely.
economics  |
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Yup. When you find one it will say accepted and A will be greater than 0
With 300khs it'll probably take a week or two to mine a block
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No one can tell you what the price will be in a while.
What we do know is that GPU mining for BTC is expected to die off around January and February (ASIC adoption), and if you have a GPU left you want to mine with, you'll probably be mining litecoin.
Hence litecoin difficulty is expected to skyrocket. Combined with the difficulty in producing litecoin mining ASICs or FPGAs because of the algorithm used in hashing, it is predicted litecoin will remain the GPU mined currency for some time.
The current stagnation in price is probably related to the absence of ASIC delivery.
People have been saying different things about LTC for over a year now, but the general trend is that LTC is keeping its value.
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as it says on their website,
Please not
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Thanks for the nice donations everyone, I hope you have a happy holidays!
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I still make slightly more mining LTC than BTC, your mileage may vary.
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Everyone's probably noticed that a bunch of people are only mining LTC every other cycle (3.5 days) to take advantage of lowered difficulties.
What effect do you guys think this has on the coin?
I think it may actually act like the blockchain reward halving, as people mining at the high difficulty are much less likely to dump their LTC into the market (and hence half the LTC is really reaching the market from people dumping at low difficulties). Certainly it hasn't really hurt litecoin's price, which has been consistently above that of BTC.
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welp, I fixed this without insulation by adjusting the position of my cards so that they blew on the hard drive. Now it's -22C out and the HDD is at 27C and the cards are chugging away in the 50's.
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if you ignore the fact that the entire graph range is only +/- 2% of course it looks like a big drop... if the range was instead +/- 20% it'd look like the minor change that it is.
It's only 2%, but it's 2% per day for 4 days. In total, we're about -10% of the network a week or two ago. Current difficulty: 3438908.9601591 Current block: 211516 Next est. difficulty: 3384279.41923707 Target block: 211679 Next retarget in: 163 blocks (1.13194 days) Where's your 10% drop? Current estimate from last difficulty adjust (12 days ago) showing total estimated drop of 1.6%. Isn't it more like a ~30% drop? We were at 30 th/s on the 1st and now we're at 23 th/s from 3-day estimates  |
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Because it is in tacotime's best interest for people to stop mining litecoins, most threads in speculation forums have an agenda Why are threads created with misleading titles like bitcointalk is some tabloid rag?
Shhh  |
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I'm pointing out that the trend upwards has finally reversed.
This is the speculation forum, not the "here's my intelligent retrospective analysis of data I obtained from the future" forum.
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is pool getting ddosed again? stales are going up like crazy
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 Greatest %/day decreases in years Ruh roh |
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