This issue also hit the exchanges apparently: mcmont is a Bleutrade admin mcmont @biomike We detected blocks out of sync on different ips. We prefer to pause for protection. It seems that problems are occurring in blockchain, the difficulty is not adjusting properly. mcmont @biomike bittrex also blocked nlg: https://bittrex.com/status |
|
|
|
Thing is, price needs to drop and lower difficulty needs to rise (read: more dedicated miners). This way the switching miner will not be interested in NLG any more. The question is where these limits are?
More dedicated miners is certainly a good thing but, as I'm sure most of you who mine NLG, as I do, are pushing the ROI limit at this point. I have watched my returns drop quite a bit in the last month or so but, NLG is one of 2 favorite coins I believe has a real future so, I keep mining but, my 20 to 40 MH/s, depending on rotation, can't compete with the multipool. So, emotionally, I will continue to mine NLG but, financially, it's a wash. Since I don't sell the coins I mine, it's easier for me to hang in there, others are more constrained to an immediate profit model. You got me thinking about this... not sure if it will work. I guess those miners want BTC for their NLG... what if the community pays them a higher rate than the market rate... would that work? |
|
|
|
|
Hash rate seems to have dropped a lot.
|
|
|
|
The difference in power between dedicated miners and Clever is way out of control. Boosting the dedicated miners I see as only solution. If we manage to mine the hard blocks quicker then the diff will not fall that much.
That was the conclusion that I came also to. Started renting hashing power, not sure if that will work in the long run. |
|
|
|
|
Thing is, price needs to drop and lower difficulty needs to rise (read: more dedicated miners). This way the switching miner will not be interested in NLG any more. The question is where these limits are?
|
|
|
|
|
So, what is the break even point (exchange-rate wise) for this switching miner to stop mining NLG? Can anyone do an educated guess on that?
|
|
|
|
|
Seems like Bleutrade also continued NLG deposit and withdrawal again.
|
|
|
|
Wanted to try out the python api ( https://github.com/Dirrot/python-cryptocoincharts-api) today, updated the URL in the library to reflect the new one, but I get an HTTP 403 (Forbidden) error code. Visiting the same URL with my browser results in getting the data, with the python API not. Any thoughts on what could go wrong? |
|
|
|
|
Het financiλle plaatje (premine, EFL in omloop, marktvolume etc.) kan me eigenlijk een worst wezen. Hetzelfde met de scamgeschiedenis. Waar wil EFL heen? En binnen welke tijdspan? En hoe gaat dit aangepakt worden? Dat zijn belangrijke vragen, die kan ik nergens terugvinden op de EFL site. Of blijft het maar bij bezoek aan evenementen om te flyeren en nieuwsbrieven rondsturen?
Kan het stichtingsbestuur daar antwoorden op geven?
|
|
|
|
|
Ik ben actief in de NLG gemeenschap, maar af en toe kijk ik even rond op het forum van de buren (EFL). Om eerlijk te zijn, ik zie er niet veel gebeuren. Ik heb niet het idee dat er een ontwikkelaar actief met ontwikkeling van de munt bezig is (wallet software en dingen eromheen) en dat het enige dat gedaan wordt wat promo-acties zijn. Ik betwijfel of die promo-acties ook enig nut hebben aangezien er weinig te laten zien is (en met een beetje graven de scam-geschiedenis naar boven komt).
|
|
|
|
Just some brainstorming... Is it possible to have a maturation time dependent on the difficulty? So, lower difficulty => longer maturation time for that block. High difficulty => short maturation time. (This could induce some extra fluctuations on the market price though).
This would induce a problem when the diff rises organically. The confirmations would lower and lower over time. Not if you take the average diff of x blocks and use the deviation from that to calculate a difference from a base maturation time. |
|
|
|
|
Just some brainstorming... Is it possible to have a maturation time dependent on the difficulty? So, lower difficulty => longer maturation time for that block. High difficulty => short maturation time. (This could induce some extra fluctuations on the market price though).
|
|
|
|
|
Personally, I think rejecting otherwise valid blocks is a no-go area. That is not in the benefit of anybody.
|
|
|
|
|
I don't mind/care the dumping of the coins on exchanges (or the financials of the big jumping pools), what matters is how the pool reacts to this change in respect of difficulty adjustments. If we have a big pool jumping in and out less frequently, this means more blocks for our dedicated miners (and maybe longer stretches of lower difficulty).
I've got difficulties trying to visualize the effect of this change on the network difficulty (and your bypass method doesn't make it easier).
|
|
|
|
Most likely their guldencoind is lagging. |
|
|
|
some jokers are trying to crash NLG value on bittrex...
And BleuTrade happily follows...  |
|
|
|
the price is only doing down because the Bittrex wallets are disabled most of the time today
How do miners get their funds on bittrex then? NLG wallet was avail, btc and ltc wallets were down for most of the day. ah... ok. |
|
|
|
the price is only doing down because the Bittrex wallets are disabled most of the time today
How do miners get their funds on bittrex then? |
|
|
|
One or 2 big Dutch investors could easily buy up every single NLG (1.7 Billion coins in 40 years) at 1000 Sat without them even noticing. That would be unhealthy for the currency...
Why would said "investors" put money in something that will end up losing value due to their own actions? No sane investor would ever do something like that. I am just saying big money hasn't even entered into the NLG market yet. How would you know that they aren't in the NLG market yet? The way down would be an ideal situation to start buying slowly, in the process this would slow the crash to stable support levels, something we're seeing at the moment. |
|
|
|
|
Show Posts
