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Yay! I love big block weekends. One more for good measure, please!  the only thing just as nice as a big block weekend is a big block wednesday....! let's goooo!! |
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ah...nice to be back after a year long hiatus... --it's pretty quiet here.... let's mine some blocks...!!  |
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Payout sent (on time) and confirmed in the next block.
Yep transactions are pretty cheap at the moment.
ah, i miss those good old days, when transactions took forever and fees were through the roof.....  |
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i've been away/silent for a while... it looks like the TH give-away has become a thing.... ha. |
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The Litecoin owner Charlie Lee says in twiter that, Litecoin Cash is a scam! So, tell me, what kind of idiot you have to be, buying it or investing money mining it? How the hell listed price at youbit is 5-6$ , when there are no real buyers and sellers? Me too have litecoin cash, i can give it to you with 50% discount! Want to buy? Charlie Lee is not the owner of Litecoin. Bitcoin Core people also call Bitcoin Cash a scam.. 'scam' is a word very lightely used in the crypto world. as soon as someone opposes sometthing, it is quickly labeled 'scam'. Bitcoin Cash being a scam or not (i do not like it), it still has its own use, its community, its blockchain, its value... Crypto is by nature permissionless. the value derives from the support that the communitty is willing to give to it. Litecoin Cash have issues with wallets, issues with network and no open deposits at yobit or anywhere. Dev was very active here till date of fork, then no word from him last 6 days. So , 0% trust for coin, 0% support. fair enough point... we'll have to wait it out and see. there is already quite a bit of hashpower allocated to mining LCC, and there are a number of single miners putting in close to 10 PHs. they either know something we don't, or they are gamblers with very deep pockets.... |
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The Litecoin owner Charlie Lee says in twiter that, Litecoin Cash is a scam! So, tell me, what kind of idiot you have to be, buying it or investing money mining it? How the hell listed price at youbit is 5-6$ , when there are no real buyers and sellers? Me too have litecoin cash, i can give it to you with 50% discount! Want to buy? Charlie Lee is not the owner of Litecoin. Bitcoin Core people also call Bitcoin Cash a scam.. 'scam' is a word very lightely used in the crypto world. as soon as someone opposes sometthing, it is quickly labeled 'scam'. Bitcoin Cash being a scam or not (i do not like it), it still has its own use, its community, its blockchain, its value... Crypto is by nature permissionless. the value derives from the support that the communitty is willing to give to it. EDIT: also, you may remember that litecoin itself is a bitcoin fork in 2011 to begin with.... |
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Thanks to BTCiffa for the block & especially thanks to luxMiner for DOUBLING my reward!  BTCi'm glad he timing worked out.. let's crack another one!! |
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BTW I've been wondering why there's a cat icon used in the forum title and the webpage favorite...
It's also in the coinbase You could say that the cat is the mascot of the pool. In Japanese a cat says nya, (not meow) so that's firstly why the NY node is actually the NYA node. Nya comes up a lot in anime and I waste a lot of time with anime Most notably nekomimi (cat ears) and cat girls  ha! my daughter obsessively wears this cat ear headband... consequently her friends call her miao miao.... -it all comes together now! |
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Silly fools investing in this coin will lose everything invested...SCAM
scam or not, at least it would be a holy scam........ |
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Its not about getting more miners to mine at this pool...
Instead of spending time trying to get more miners, spend some money and get more hardware yourself.
I guess not everyone agrees with you... No I agree with Biffa. It's about getting the hash rate up a lot. While adding losta small miners means more hash rate, we don't want to fall behind the Diff rate rising, we want to get ahead of it a lot. The only way I can see that happening is getting a number of large miners on board - but that wont be a lot of miners. This will only attract a small number of miners, but make a big difference to the pool if we do get some. See, I wasn't aware it was about the number of miners. I thought it was strictly the hash rate that affected the diff. Interesting. I think what he means is that there is only a small number of people who own 9.5PH or higher worth of gear vs you, me, DPos2, and others buying up enough gear to combine for 9.5PH or higher. It's easier to get a bigger fish to move over than for all of us to do it collectively. Yes it's very hard to get 10PHs of miners. Heh - even I couldn't get 1PH of miners from Bitmain or Canaan when I tried to directly  yes, it's hard to get the hardware... i wrote to Canaan directly as well with my intend to commit to a batch of 60 Avalon 821 machines. their director of sales and marketing wrote back saying that he will decide how to allocate the upcoming batch, to which i replied reinforcing my commitment and willingness to fly over to beijing in order to meet discuss long-term possibilities... (i've been in and out of china for the past 20 or so years). obviously, he never got back to me. |
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I still have '0 active connections to LitecoinCash network' on my Core Wallet... -after several hours. Does anyone else have the same issue? Thank you for your feedback!  [ { "id": 293, "addr": "216.169.19.65:62458", "addrlocal": "64.188.139.67:49307", "addrbind": "192.168.0.12:49307", "services": "000000000000000d", "relaytxes": true, "lastsend": 1519157437, "lastrecv": 1519157437, "bytessent": 2403, "bytesrecv": 39866, "conntime": 1519157195, "timeoffset": -1, "pingtime": 1.090957, "minping": 0.453965, "version": 70015, "subver": "/LitecoinCashCore:0.15.0.1/", "inbound": false, "addnode": false, "startingheight": 1371832, "banscore": 0, "synced_headers": 1371837, "synced_blocks": 1371837, "inflight": [ ], "whitelisted": false, "bytessent_per_msg": { "addr": 55, "feefilter": 32, "getaddr": 24, "getblocktxn": 121, "getdata": 585, "getheaders": 1085, "headers": 25, "ping": 96, "pong": 96, "sendcmpct": 99, "sendheaders": 24, "verack": 24, "version": 137 }, "bytesrecv_per_msg": { "addr": 30137, "block": 305, "blocktxn": 1952, "cmpctblock": 1697, "feefilter": 32, "getheaders": 1085, "headers": 293, "inv": 463, "ping": 96, "pong": 96, "sendcmpct": 66, "sendheaders": 24, "tx": 3459, "verack": 24, "version": 137 } } ] I'm up to date, that's my peerinfo. I think if you join the discord that there are several peer lists. Didn't need 'em, didn't grab 'em thanks! but now i'm even more confused... lol. i suppose i have some reading up to do.... |
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I still have '0 active connections to LitecoinCash network' on my Core Wallet... -after several hours. Does anyone else have the same issue? Thank you for your feedback! Can take a few hours to find peers before it starts downloading the blockchain, then it can take a few hours to finish downloading the blockchain. i'm fully downloaded and up to date... oh... -is that what the peers are for? to download the blockchain? in that case, it would make sense to have zero connections, since no need to get synched... -or am i talking nonsense? |
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I still have '0 active connections to LitecoinCash network' on my Core Wallet... -after several hours. Does anyone else have the same issue? Thank you for your feedback! |
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My calculations are the same. This pool needs to hit 8 blocks a month for the payout to be more. 1.1% is a big difference if you are making a fixed amount per month but that is not the case. I understand we look back at the history but what history doesn’t take into account is the amount of new hashing power that has come online and will continue to drive the difficulty to the moon. We need to promote the crap out of this pool and start now. It is the BEST pool here hands down but we are not going to win anymore miners here until WE step up and make it happen. When it becomes unaffordable for the larger miners to mine here, they will slowly leave too. It is more than just money to some but eventually everyone will have a breaking point for one reason or another. I love this pool and you guys are the best but we need to get off our asses and come up with a solution.
Its not about getting more miners to mine at this pool, what should be happening is you and everyone already on the pool should be buying more hardware to keep up with the difficulty, getting the rest of the pool bigger but staying the same yourself means you will just get smaller and smaller rewards. Instead of spending time trying to get more miners, spend some money and get more hardware yourself. This isn't something new its something everyone has had to do since mining began. If we all had the money to double our mining operations we wouldn’t be having this discussion. Essentially, since December, each and everyone one of us would have had to double their operation. I am out of power at my home. I can not add anything more. So while your statement in theory is the correct approach, real world application is not possible for some. I am currently setting up a mining facility to do just that and have 3 partners also included in the effort. Together we have purchased 100 additional S9s on the March batch. I understand what you are saying and I am in agreement and also actively doing something about it but that solution is not as easily implemented in the real world as it is on paper. Well here is a good example of what not to do, lol I got into mining in late December 2017, and yes I overpaid and bought the miners thru ebay... before prices started falling on mining equipment and bitcoin. (You know FOMO fear of missing out) So I paid a high premium to get in... (not real smart I know but i was naive) Looking back, I'd have been better off spending that money on purchasing bitcoin (assuming I could have hit the low end of the market which I doubt would have happened)... probably could have 2 bitcoin or more if I'd timed it right It is what it is now though and keep on mining! But unless the new miners get dirt cheap, or we see a drastic increase in hash power with new machines coming on board, I can't afford to add more miners when I'm not making any money anyway. Now understand I am not trying to pull any money out from this venture, just let it set and build a nestegg for 5-10 years down the line when I decide to retire. If it were not for free electricity and me having the cash to invest, I'd be screwed. But I've also learned a lot (still learning) about mining and bitcoin. One thing is for sure, mining is not for the faint of heart!! Thanks to Kano and to all of you for this Forum and all your help and hard work! in the crypto space, you cannot be short-term results oriented, otherwise the swings will destroy you. you need to answer one fundamental question to yourself and that is: why did i get into crypto, or specifically bitcoin, in the first place? for me, once i managed to answer the question for myself, i was able to make a commitment in investing a substantial amount of time and money. the actual amount is not a finite figure but relative to my means. i'm turning my back to a quite lucrative estate business to be in this space, because i'm just too tired and fed-up of the current world and climate, and all the bs that this business represents. the current price of bitcoin is a distraction. weather it surges or plummets 80% tomorrow, my reaction should be pretty much the same, and it actually is. why is that? because i am reminded by my version of the answer to the question. do i want to be involved in bitcoin for the immediate dollar gain and feel like an investment genius, or for the potential role it may play in our lives 5, 10 years from now, or even more? that is the only justified speculation... i.e. the off-chance that bitcoin (or some form of crypto) may actually save us in the end...... how it gets there, is irrelevant. |
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LCC Core Wallet question....
Is it normal that the wallet, after fully synched (locked, encrypted and backed up) has '0 active connections to the LitecoinCash network'? I take it's still early...?
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what i meant is the reward value, i.e. freshly minted LCC per block.... From OP :: Slow-Start Control - To prevent dominant early miners having an unfair advantage, block rewards will start at 1.25 LCC and grow to 250 LCC over the first 2000 blocks after the fork. The first 24 blocks after the fork will be mined at minimum difficulty. After this, DarkGravity will adjust the difficulty based on observed block generation time. The 250 LCC block reward (equivalent to 25 LTC) will halven at the same chain heights as Litecoin. thanks! fun times....!! |
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LCC should be fun..... let's see how it goes! |
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what i meant is the reward value, i.e. freshly minted LCC per block.... |
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this should be fun......
anyone knows the current block value in LCC?
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