There are 999999999999 names but you picked this name. WTF...
lol, there are 99999999999 avatar pics and you picked that one? WTF... |
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And that means what for the miners who worked the whole day on this pool which was on the wrong chain?
All coins just gone?
The network did not consider the coins valid to begin with. Some upgrades to the pool software to verify they're mining on the correct chains might be required to prevent this in the future. |
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Yes, now your pools seams to be working fine... |
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Network forked so both pools has different chain  Miningpower.net does not appear to be on the correct chain... Current block is 38938 I am noticing a lot more banned IP addresses today and large fluctuations in difficulty recently...  Below shows a lot of orphan blocks on the network too... slowing down the official block explorer at the moment.  |
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Thanks, please provide your PHC address for translation bounty. |
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To the people asking the PHC Dev team to buy coins in private before it gets added to exchanges. The simple answer is, NO! thanks for the offer. The complicated answer: Profit Hunters Coin development team does not want to violate MSB regulations or other similar laws. "A person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter. In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency." More information can be found here: http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/ |
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Nice that there are no Premine.
You sure it is nice? Who will pay for development? Exchanges listing etc.? What is the future of this coin if it simply will not have enough funds to be developed? Up until now; I don't pay myself for development, I also don't pay in Bitcoin to get listed on an exchange service. We offered a bounty paid in PHC only, to the first exchange to add this project. With so many new exchanges out there, why should we focus on only a select "BIG" few? I have a list of over 150! An industry that boasts decentralization puts their faith in centralized exchange services and if you don't, you get harassed... The Dev Team DOES have coins from the CPU-mining (testing) phase that will be invested back into network infrastructure. We've setup 2 Masternodes that will assist paying for future developments and I will be setting up more in the near future as required. |
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I would like to reserve a German translation if you guys are interested  Yes that would be good. Thanks! |
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Spanish Translation Reserve please Please let me know Yes please! |
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I would prefer to see a pre-mine or pre-masternode so the dev had some coin to get this listed on cryptopia, bittrex, binance, kucoin etc,...
The coin is worthless without decent exchanges trading it. One of the most important aspects, yet so few devs seem to take it seriously. Lots of buyers with deep pockets will not go to shitty exchanges and for good reason.
How much commissions do you make by posting around harassing new alt-coins to pay over-priced "listing-fees" to get higher volume upon adding their coin to Bittrex? |
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I can help with Russian translation. Let me know if you need it please.
Yes, please! Bounty paid to ddrago - Thanks! |
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Hi dev, if you confirm it, I will do the translation. Many thanks Yes sir, thanks! |
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What is something, not to come off rude, i was hoping to acquire enough for a masternode in a reasonable time and the rig i have is x4 1080ti x1 1060 and x1 1070
Take a look -> http://coin.profithuntersclub.com/1-mh-mining.pngNot to come off rude, but you're competing with 600 GH at peak times on the network. If you can mine & stake early and during optimal times you actually still have a decent shot at getting close to a masternode in earnings over a long-period of time. |
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i am wondering if my 1080Ti rig should be used to mine this, i read about the asic mining and wanted to verify if GPU is pretty much useless with this coin at this point
I was using 1 MH to mine on a pool a bit during the last few days, you will still earn something. A brief explanation of the Dynamic Block Reward formula: If you would like to start mining with the least amount of power as possible for the most profit: you can join a pool when the network difficulty is high and the net-hashrate is low, this will cause the block reward to increase in value!
If you decide to start mining with a lot of hash-power during a time of low difficulty: the block reward will decrease in value making it very difficult to earn a profit for your extreme efforts. Not to mention by doing so, you drive the difficulty up significantly, and if that triggers a pool's auto-coin switching script to move onto another alt-coin, then your mining efforts in terms of increased revenue will actually go to the workers who remain on the network consistently. |
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Does 1000% APR for PoS means that the MN rewards will always be adjusted to be approximately 1000%ROI up to block 50k?
Or am I off here?
Yes that's correct for staking/masternode payments depending on the coin-age too. |
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Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.
Bitcoin core 8 has some issues with wallets struggling with orphan blocks, hopefully not too many peers are stalled. The correct block is 21395. Bitcoin core 10 handles this with UpdateTip and soon PHC will be implemented. Stalled wallets might need to reset their datadir (remove blk0001.dat, database, txtleveldb) and resync. Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently... "Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..." Can you explain this please? The description in the ANN is hard to understand. "Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..." What is an excessive hashrate? What is the ideal hashrate for this chain? Bumping this. Dev - can you answer and shed more light on how this works? Thanks. Here's more information about the Bitcoin Firewall - https://github.com/BiznatchEnterprises/bitcoinfirewallI hope to provide more documentation in the future on the inner workings, but I don't have much spare time at the moment. |
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hashpool.eu blockchain stuck at block 23946
Updated wallet and redownloaded chain, i hope latest fixes will help for daemon stability http://hashpool.eu is back on track Yes, I will try to make a patch fix for the current version but from what I can tell Core 10 will be a very important upgrade. |
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"A spike in hashpower will get your pool banned by other nodes on the network"
How sensitive is this? If someone with, say, 10Gh decided they wanted to mine PHC and joined the pool, are you saying that, just the act of joining the pool will bring down the pool?
Yes, large miners can bring down the pool if the hash-rate of the network is distributed evenly among all peers. It has been set to be not too sensitive and can be adjusted. Peer block heights are also evaluated with an adjustable tolerance. For the past 24 hours, 1 seed node did not ban users but disconnected them (for testing purposes) For example: If the network hash-rate is 100 GH and you join the pool with 10 GH and start generating blocks at 10% what the rest of the network is mining then you're within the "safe" limits. But if you join a pool with 100 GH or more, you will most likely cause that pool or if you're solo-mining (your wallet) to be banned for 24 hours. 50 GH would be getting close to "un-safe" limits if 100 GH of the network was being mined by several peers/pools and not just 1. |
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