Or you could do like "if block height mod 100 equals 1 then plug in my address instead of miner's address"...
Why take 1% of every block, pissing off all the miners, when you can take the whole block 1/100th of the time, pissing off maybe only 1% of the miners initially until all except the small miners have been dinged?
This will really help the small miners as a miner who only mines one block has a 99% chance of getting paid, but a miner who mines twice as much has twice the chance of not getting paid, and a miner who mined every block all by themselves leaving none to others would lose every 100th block without fail!
-MarkM-
What is block height? Its block number along main valid chain. In other words, every 100th block everyone can go mine some other coin, knowing they wouldn't get paid if they mined this one. But, someone could go ahead and mine it anyway, knowing they won't get paid, because they also know that will make a whole 'nother 99 blocks that pay become available. -MarkM- |
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Or you could do like "if block height mod 100 equals 1 then plug in my address instead of miner's address"...
Why take 1% of every block, pissing off all the miners, when you can take the whole block 1/100th of the time, pissing off maybe only 1% of the miners initially until all except the small miners have been dinged?
This will really help the small miners as a miner who only mines one block has a 99% chance of getting paid, but a miner who mines twice as much has twice the chance of not getting paid, and a miner who mined every block all by themselves leaving none to others would lose every 100th block without fail!
-MarkM-
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Just look at how DeVCoin adds in all the payouts to the coinbase transaction.
What you want is much easier as you don't have to go read a file of who to pay what fraction of the payout, you can just hard-code an address that gets 1%.
-MarkM-
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A TI 84? Are you crazy, that is some kind of newfangled ultramodern high tech equipment, are you trying to eliminate the good old reliable HP 25 from the business!?!?!
-MarkM-
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Turtles! The world floats in a bowl help up by four elephants, true, but, the turtle they stand on is bigger than all four elephants! Duh!  -MarkM- P.S. Plus, Turtlecoin will only pre-mine 2.99999999%, so there! Beats you every which way but loose!  |
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But ferret's last letter is t, not e, so the next animal name should have started with t...
-MarkM-
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What would make it special to you?
For 3% of all the coins ever to be minted (and it could take years to mint them all), who cares what stupid crap "features" the audience claims would convince them it is special, give the audience the impression/suggestion they are getting whatever crap they want and pocket 3%, whats so hard to understand about that?
And just think, this guy is offering for only 3% to work really hard trying to convince you he is giving you what you want, some folk apparently charge 5% for doing such convincing!
-MarkM-
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But, exchanges profit off the coins, faucets profit off the coins, gambling sites, pools, ect, ect, all these services profit off the coins, but the developer is not allowed to profit of their coins? Seriously? Are you on glue?
Again, the developers are Satoshi and lolcust/art, maybe with lolcust/art eclipsed lately by Colbee who at least DID bring Tenebrix/Fairbrix up to date in a kind of sleazy lefthanded way (he changed the name of the coin and the ports and so on, thus providing Tenebrix and Fairbrix with a template of updated code they could change back the names and ports etc of if they chose to, he called that template litecoin, and the rest, as they say, is history...) As has been pointed out again and again and again, it would be ridiculously easy to make a coin generator that you tell it the new name new symbol new rewards etc etc and it generates a new coin, then feed it with random names images symbols rewards etc to have it spawn hundreds or thousands of new coins per day or maybe even hour. The only reason that has not happened is the scamkiddies who want it are so utterly incapable of doing actual development that even such a trivially easy app as that is beyond their abilities... In short, they are in no way shape or form "developers". -MarkM- P.S. And yes, one can easily leave lolcust/art and coblee off the list of developers, though coblee maybe could be called a maintainer in addition to a clonemaker. |
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Just saying, why should someone with 1000's of dollars of mining equipment, get so much, while the developer could potentially get so little, of a coin they created?
Satoshi is the developer. I once upon a time thought I was at least giving him the genesis block coins when I made new chains, but I later learned oops he doesn't even get those! If you are doing a scrypt coin, then maybe both Satoshi and Lolcust/Art or whoever are the developers, so maybe give first block coins to Satoshi and second block to them? Then there is the clonecoin kiddie who does a search and replace changes a few ports and block rewards and such, not a developer at all whatsoever, just another "lets scam some money out of folks usuing what Satoshi and maybe also lolcust/art developed... Heck how about you first bring Tenebrix and/or Fairbrix up to date with latest bitcoin code first to show us you actually can maintain/update an scrypt based coin before spawning yet another one to add to the backlog of scrypt based coins that are not yet up to date with latest bitcoin code? -MarkM- |
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How would you start the linux primecoin miner?
cat primestart.sh #!/bin/bash
PRIMECOIND=/usr/local/bin/primecoind
DATADIR=$HOME/.primecoin
nice ${PRIMECOIND} -datadir=$DATADIR -rescan -maxconnections=8 \
-rpcuser=primecoinuser -rpcpassword=TopSecretNotWhatIreallyUse \
-gen=1 -daemon -rpcport=9912
Then to send it commands/queries, cat primecoind.sh #!/bin/bash
PRIMECOIND=/usr/local/bin/primecoind
DATADIR=$HOME/.primecoin
if [ "$1" == "" ]; then
echo "Syntax: primecoind.sh COMMAND"
exit
fi
$PRIMECOIND -datadir=$DATADIR \
-rpcuser=primecoinuser -rpcpassword=TopSecretNotWhatIreallyUse -rpcport=9912 "$@"
NOTE: I do not use config files, if I want to add -addnode or whatever, I add it to my coinstart.sh script. That means the wallet is the only damn thing in datadir i care about, not having to remember to also copy/save/backup a config file. (And the wallet can be backed up using ./primecoind.sh backupwallet ~/primecoinwallet-dd-mm.yyyy.sav or whatever so nothing really in datadir at all that I need care about.) WARNING: If other users get to use top or ps etc on same machine I am using, they get to see my username and password on commandline. For me that tradeoff, since my real machines are me-only machines behind my steel door here at home, and my out on the internet servers are all dedicated boxes not shared machines, is worth it to not have to worry about deleting a datadir to restart a chain or whatever. -MarkM- |
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Except its not worthless, its grist for the pump and dump mill.
Some scummy exchange will list the coin to get a percentage of the bitcoins or dollars or litecoins people pay for the latest tulip mania scamcoin crap, the premine is dumped hopefully before the suckers realise it is just yet another of the daily round of pump and dump scams, and by then the next scam is ready to launch or already launched.
So even if it is a total flop, the scam exchange(s) and the clonecoin spawners get to pocket more bitcoins, litecoins, dollars or whatever from the suckers who buy such crap, as a bit of free loot for a few hours between that pump and dump and the next one that is already waiting in the wings to take its place.
-MarkM-
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Speaking of core 2 Duo, i just bought a machine that has such a CPU, but it got only 21 PPS using latest high performance code compiled with -march=core2. My other core 2 machines, none of which mention anything about "duo" do much much better than that.
Is a core 2 duo maybe not really a core2 at all as far as gcc's optimise by architecture is concerned or something weird like that?
It is now showing 1753 PPS using same high performance version code compiled without telling gcc to optimise for anything in particular.
(In both cases though, I have -O3 instead of -O2 in the makefile. I don't do the compiling on the target machines, I just bring them home put same old fedora 17 on them my compile box runs, and have the compile box compile with -march that seems it maybe is talking about the same kind of CPU that the new box has in it.)
-MarkM-
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If you are a good developer, with a history of doing development work wherever needed, maintaining various coins, creating pull requests (patches) for various problems various coins encounter etc, maybe you will become a go-to guy that people will be more and more inclined to try to hire/bounty whenever some coin or other needs something or some useful software many many coins could all make good use of is not available yet as free open source code?
For a long time now all the merged mined coins have all been in need of an up to date copy of bitcoin with the "merged mine as a secondary chain" patches applied, for example. Maintaining coins is maybe even more important than cloning new coins, so to me the fact that so many coins are not being kept up to date, especially in this case where many coins will all get the benefit, leads me to expect that the cut and paste clonecoin kiddies are likely not to keep the new cut and paste clonecoins up to date, since they have not demonstrated any ability to update any coin at all.
We can look at the scrypt coins too, as soon as an scrypt coin based on the latest bitcoin is available, or even just an up to date bitcoin with only the change of hashing method applied, all the scrypt coins that are running older code can be updated. But that doesn't seem to be happening either.
So it seems pretty clear to me there are not enough developers active yet to even just keep the coins that have existed a long time up and running with recent code so spawning yet more clonecoins just makes more and more and more coins that need their code updated, increasing the backlog of chains that need updated code instead of actually doing the work of updating the damn things...
Show us you can bring up to date the existing coins, then maybe a new coin you come up with might have some hope of seeming credible as a coin that might keep up to date with the latest bugfixes and innovations in cryptocoin code/technology.
-MarkM-
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In the crontab of the user who runs the coin daemon, use @reboot instead of the year month week day stuff for when to run it.
-MarkM-
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Wow they had those running since march and april of last year? Yet its taken this long to prepare to be able to sell units? -MarkM- |
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Right now the rewards are just slanted way too much to the miners and not enough to the developers. And pre-mine is just way too much guesswork. You could pre-mine way too much, or not nearly enough. I'm thinking though what we really want is a long term, if not perpetual commitment to development of the currency. That means giving a perpetual reasonable small % of the rewards to the developers. The developers can then give bounties to pools, exchanges, etc. I don't think you can just hard code 10 addresses though for the developers. You would need to change those addresses over time to protect the private keys. Maybe we can come up with some other mechanism for making this happen, but something needs to happen, otherwise we are just going to be left with a bunch of worthless abandoned coins. That does not benefit the miners or anyone else. If I'm mining a coin, I do not want the developer to view it as some kind of hobby that gives them no reward. The developer is bound to move on. I want the developer to be more interested than me the miner in seeing the coin succeed. Otherwise miners are all going to be interested in is pump and dump, which is what we are seeing now. As a miner I want coins I can rally behind and stick with for the long term.
You are free to pay the developers of any coin you choose to mine to do whatever updates/improvements/bugfixes you would like some/any coin you mine to have coded/developed... -MarkM- |
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Isn't it pretty much like any other business?
Since you are it seems looking for a job, what you basically need is a business, company, corp or whatever that will hire you.
So it boils down to how do such entities afford to hire people.
That in turn can vary over time and in response to market forces.
For example when bitcoins are going up and up and up on average month to month, maybe a company holding lots of bitcoin can afford to hire someone by selling a few bitcoins, hopefully selling few enough that the value of their unspent bitcoins is still growing despite the fact they are spending money on an employee.
But when bitcoins are going down in value on average month to month, maybe such companies will have to lay-off their workers.
So maybe a company could also mine bitcoins? First off it would be nice to mine enough to keep the total value of their hoard of coins from falling even while the individual value per coin is falling.
Then maybe some companies might consider diversifying. Maybe hold and mine bitcoins and litecoins. Of course when I say mine bitcoins I mean mine all the merged mined coins, or at least as many of them as is technically feasible without the overhead of servicing lots of blockchains causing overall loss. (Some folks have claimed for example that because GeistGeld's blocks are so rapid they lose too many nanoseconds processing GeistGeld work, degrading the processing of other chains by more than the GeistGeld coins are worth to them in their system of assigning or evaluating worth.)
Do you have the skills to develop pool software that tracks all the merged mined chains and rewards all the miners with the correct amount of each of the merged coins?
If so maybe you could start a merged mining pool business, which if it is successful might be able to afford to compensate you for your coding and maintenance time writing and maintaining and updating and bugfixing such pool software?
For me since bounties have not resulted in anyone producing such software I am now moving on to the idea of a merged mining business, that would be the only user of a merged mining pool so that the problem of divvying up the mined coins would not exist. The company would own the pool and all the coins mined, presto no need for coders to code software for divvying up the coins. So I guess maybe coders put themselves out of a job by being so slow to respond to a coding need that the market moved on to look for ways to do business without needing new code.
There is of course a lot of overhead in running a merged mining pool, even for just one user (the company); already a third dedicated server is being set up because the two already in use just aren't enough to do the job well. There is also a lot of delay in obtaining decent ASIC gear to mine with, so that right now is not a great time to try to raise capital to obtain such equipment because right now the prices of equipment that can actually be deployed within a few business days of ordering it are exorbitant.
I was a programmer for most of my career, so have had decades to wonder how is it that so many programmers end up being hired by managers/businesses instead of being the ones who hire business managers to run their business office for them so that they are free to spend their time programming instead of dealing with whatever it is that business managers deal with.
It seems that maybe managing a business well enough for the business to be able to afford to employ anyone might not be a trivial task. Could it be that it is even harder than actually programming is? Could it be that programmers wanting to hire a business manager to set up a business capable of employing the programmer would realistically find they need to pay the manager more than they the programmer gets paid if they are to succeed in finding and keeping a manager who can actually do the business-managing job?
Personally I no longer have time to code, merely trying to create and run enterprises that would like to be able to afford one or more coders (or even one or more hours of my own time spent coding instead of trying to raise money to pay for coding) takes more time than a normal full time worker puts in working.
-MarkM-
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Yeah, cause those big GPU farms totally don't make a gazillion dollars in profit. You act like everyone has tens of thousands of dollars to invest into mining, and they just choose not to.
The big GPU farms all fight each other for less coins per person than the few people CPU mining a coin politely together, none of them trying to rape the thing with a GPU, each get of some coin (like Tenebrix, or Fairbrix, or...) they hope the people with the big GPU farms won't remember or care about for a year or so like happened with BBQcoin... The people who let one CPU core quietly mine BBQcoin for a year after some big GPU farm bully claimed to have killed it probably made more money that year per CPU core than they would have per GPU, if they had any GPUs, on some coin like Litecoin that all the big GPU people fight for crumbs of. -MarkM- |
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Well Allahcoin takes 10% for "the muslim brotherhood", so maybe they will show us how well catholicoin would have gone over...
-MarkM-
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