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Hy, someone know the value of difficulty that i have to set at a baikal giant x10 to miner at alqo pool? Thanks.
I used d=88 when I was mining with my baikals, however it's not very profitable to mine anymore with the reduced rewards. you're better off mining something else and selling to buy ALQO if thats what you want. |
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There was a forking issue last week and the ALQO team handled it in such a professional way. They are super active and provide constant updates on Discord. This coin gains more and more confidence from the community and the price has no way but to go up. Kudos to the team and let's wait for the upcoming vote, and many more interesting things to come!  The ALQO team have demonstrated their high capability to solve such serious issues. The team also shown their dedication to the project. Personally, these ones are extremely good news for ALQO community. It is a relief to see the numbers in the green again https://coinmarketcap.com/currencies/alqo/ Fortunatley the chainsplit issue was resolved directly before the whole marked started to recover and the hashrate is also starting to grow again. Go ALQO! Its almost as if the continuous downtrend was a result of a 4 month bear market and not the fault of the miners... who would have guessed? |
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Update from discord:
Statement: 14th. April Issue - Dual Chainsplit, Wrong updating
Today, while we were having our update, some pools did not properly update, which made us ending up with 3 different Blockchains.
The main Blockchain was stuck at Block 225000 - for several hours, while 2 split chains were running. High hashrates on the wrong Pools made our Masternodes and Wallets, switch to one of the corrupt Blockchains.
We have now wiped out other Blockchains and took over our own Blockchain with the urgent update.
Please follow instructions stated by @Kevin "pixelz" Collmer in order to update your wallets and masternodes properly.
We will soon work together with the exchanges to bring things back to normal. We would still suggest you not to send any alqo around until we give you green lights.
To Pool Owners/Miners:
We know we made some Miners angry with the last updates in reward allocation, but this is not the way how to fix issues, this hurts a lot of investors, and also your mining source.
If you are not sure how to update your pool, feel free to contact us, BEFORE the update is due, next time.
I do agree that this is not the right way to go about it, but like i mentioned before, this coin wouldn't be shit without the miners. the miners are responsible for creating and contribute considerably in maintaining the integrity of the platform. then without a vote, they turned around and fucked them all. Where is the decentralization in that. POW just showed you who really matter. Take care. Well anyway that helped no one. Sure it was a important decision without a vote, but the biggest holders would still have voted in their favor i agree aswell , anyway later or soon will be an VOTE for POS or keep POW witch is the same with the rewards.. Why do you think that. They didn't do a vote for this debacle. "100% Governance" so lets recap.. the coin isnt really %100 governance anymore, the devs made a half-baked decision to fuck the miners so they could increase their masternode rewards it backfired big time. what is this amateur hour? they might as well go 100% PoS right now. like I said before they pushed the update, they would lose all their hashrate - and look what happened. Nobody will mine alqo for the current reward, its a slap in the face to the miners who helped establish this coin's SECURE network. |
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profitable for baical x10 device stratum+tcp://s.umine.org:3834 algoritma : Nist5 coin : BWK https://umine.org/24 hour gain : 0.0030 btc Bulwark hit ridiculous highs in Jan, might be worth mining and HODL! The only issue for me is the highest trading volume is on cryptopia, imo the worst exchange out there.. so many issues with them freezing funds and wallets going down. If Bulwark could get on a good exchange it would be worth the hodl, price would pump. |
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can anyone who's upgraded comment on starpool profit? how is profit switching with the 2 new algos and how are payouts?
I havent upgraded yet, still mining verge on suprnova.
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I think someone has already cracked the X10. Difficulty on Groestl coin has increased 4x in the last few days from 5630 to 19226.
i think you are right. could be baikal themselves mining with unsold units... would be typical of them to mine the new algos until profitability drops and then release them to the public saying "look, we weren't lying!" |
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could you expand on this more? also there is no vote?
is the mining reward going to be halved + dev fee from mining in order to double the masternode rewards?
what reasoning is there for masternode operators to not dump their rewarded coins?
I think that if staking was introduced now it would give miners incentive to hold their coins and accumulate for masternodes instead of dumping because they would be rewarded along the way.
full disclosure i am a miner, however i havent dumped any coins and im not sure what miners would at this point (coin value is too low) so i dont think its that driving the price down. if i were to mine coins just to dump for max profit and not speculate for long term gains, i wouldnt be mining alqo.
was not around the last 2 days - so wasnt able to answer your question sorry. The reward scheme will be changed to MN:Miners:Devfee : 60:35:5%. There is always the other side of a coin. From a Miners perspective this change is bad. For Masternode owners its good. The community (at least a decent part of it) reached out to the devs to do something against the dumping of coins. They were not convinced if it makes sense to distribute the rewards differently as they would be anyhow created and prone to be dumped into the market. Nevertheless with the impression in mind that miners are more likely to dump, as they have to cover their expenses, compared to the masternode owners who are less likely to dump (they will do it too - thats for sure) we've decided together that a slight shift of rewards from miners to masternode owners might be beneficial to the overall "sell pressure". I know of a couple of miners who mine for the long term hold but most dont. Most miner simply mine to make profit - well thats business and they cannot be blamed for it. So you believe that an individual who has a daily expense to cover is more likely to dump in a bear market and possibly take a loss than an individual who has zero expense. Like you said there is always the other side of the coin. Anyway, am really active on all your social sites and am not sure about that (decent community input) quote. Sure i saw a few ppl complain but it would be absurd to claim that it was a majority of the community. The least you could have done was to take a vote. You use it for everything else but in this case choose to take matters into your hand. Anyway, this won't stop the dump in the long run, if anything you just made it easier cos MN owners don't give a fuck about the current price and how it affect their earning, it's always 100% gain for them. agreed. not to mention the amount of network hashrate youre going to lose from cutting miner rewards, at current prices it would be a loss to mine alqo after expenses. nobody will mine alqo. |
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We've successfully tested the protocolversion 70714 with clientversion 3.0 (Pre-Liberio).
Everyone is now able to update their daemons by self-compiling the latest github-sourcecode which can be found under https://github.com/ALQOCRYPTO/ALQO
For everyone running a mining-pool we also added a new repositorie with the changed stratum-source to fit the needed and latest changes on the blocktemplate (developer-fee).
https://github.com/ALQOCRYPTO/Stratum
Please keep in mind that it's important to update your masternodes within the next 7 days to be sure everything is working fine.
As always we are going to announce a step-by-step guide with an auto-update tool within the next hours as well as the pre-compiled binaries.
Official Hosting Service users DO NOT need to update - we are going to supply the updates to all hosted servers within the next days.
The new QT version will be released latest tomorrow evening with some changes to remove the privacy-feature UI's and some general fixes.
This update includes the latest reward-distribution changes, HyperSend features as well as the developer fee integration.
https://explorer.alqo.org/wallet/devfee
We thank you for your understanding and appreciate your support. could you address my previous questions please? |
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The community reached out to us, that Miners should receive less in order to stabilize the Price and Network which is lead by Dumping Miners right now. After this we decided to double the Masternode Rewards and take the Developers Fee from the Mining stake. Update this week.
could you expand on this more? also there is no vote? is the mining reward going to be halved + dev fee from mining in order to double the masternode rewards? what reasoning is there for masternode operators to not dump their rewarded coins? I think that if staking was introduced now it would give miners incentive to hold their coins and accumulate for masternodes instead of dumping because they would be rewarded along the way. full disclosure i am a miner, however i havent dumped any coins and im not sure what miners would at this point (coin value is too low) so i dont think its that driving the price down. if i were to mine coins just to dump for max profit and not speculate for long term gains, i wouldnt be mining alqo. The reason for mn owners not to dump their coins is the reward they get for providing their mn - simple as that. As a miner you normally have the profit/loss ration in mind when mining (meaning: investment vs. output). So if you would be interested in SHORT TERM profits it would make no sense to run a mn. The miner on the other hand can sell anytime he's in the green. On another topic: what's up with the three stage update? There will be another ANN, when it is rolled out, right? thats kind of what i was getting at with the masternode profits, theyre still profits that can be sold off (not talking about the 10,000 xlq required to hold the node). in this case theyre just moving reward from one userbase to the other, miners to masternode holders. profits are profits whether theyre earned from mining or a masternode and could be dumped just the same. This is why i suggested that if staking was implemented sooner it would give miners an incentive to hold onto the coins they have mined. not to mention at the current price i dont think miners alone can be blamed for the continuing decline, i cant imagine anyone would mine XLQ to sell at these prices (im hodling what ive mined over the past few months). im not saying their decision to increase MN rewards and reduce miner reward is right or wrong. just opening discussion on why this change might not have the outcome they intended and trying to figure out how this will affect things long term. also why wasnt this decision put to a vote? that makes absolutely no sense. if an individual has enough to run a masternode, he or she has no incentive to hold on to his rewards unless he is trying to save up for another masternode and even in that situation, if someone wants another masternode, they more than likely to buy the bulk of their coin of the market cos waiting to save up for another masternode strictly of MN rewards will take a really long time. So if anything a Mn owner is more inclined to sell cos they not taking any loss if they already have their MN. It's all gain, while a miner has to take account of the current spending to make sure they earning a profit and if BTC prices keep falling and the market continues on the downtrend with time their profit will be heavily affected to where they not so inclined to sell while a MN owner has little to no cost. Just the cost of maintainin the VPN if they are using one. agreed. maybe alqo team has no mining rigs and wants more reward from the masternodes they hold... |
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The community reached out to us, that Miners should receive less in order to stabilize the Price and Network which is lead by Dumping Miners right now. After this we decided to double the Masternode Rewards and take the Developers Fee from the Mining stake. Update this week.
could you expand on this more? also there is no vote? is the mining reward going to be halved + dev fee from mining in order to double the masternode rewards? what reasoning is there for masternode operators to not dump their rewarded coins? I think that if staking was introduced now it would give miners incentive to hold their coins and accumulate for masternodes instead of dumping because they would be rewarded along the way. full disclosure i am a miner, however i havent dumped any coins and im not sure what miners would at this point (coin value is too low) so i dont think its that driving the price down. if i were to mine coins just to dump for max profit and not speculate for long term gains, i wouldnt be mining alqo. The reason for mn owners not to dump their coins is the reward they get for providing their mn - simple as that. As a miner you normally have the profit/loss ration in mind when mining (meaning: investment vs. output). So if you would be interested in SHORT TERM profits it would make no sense to run a mn. The miner on the other hand can sell anytime he's in the green. On another topic: what's up with the three stage update? There will be another ANN, when it is rolled out, right? thats kind of what i was getting at with the masternode profits, theyre still profits that can be sold off (not talking about the 10,000 xlq required to hold the node). in this case theyre just moving reward from one userbase to the other, miners to masternode holders. profits are profits whether theyre earned from mining or a masternode and could be dumped just the same. This is why i suggested that if staking was implemented sooner it would give miners an incentive to hold onto the coins they have mined. not to mention at the current price i dont think miners alone can be blamed for the continuing decline, i cant imagine anyone would mine XLQ to sell at these prices (im hodling what ive mined over the past few months). im not saying their decision to increase MN rewards and reduce miner reward is right or wrong. just opening discussion on why this change might not have the outcome they intended and trying to figure out how this will affect things long term. also why wasnt this decision put to a vote? |
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The community reached out to us, that Miners should receive less in order to stabilize the Price and Network which is lead by Dumping Miners right now. After this we decided to double the Masternode Rewards and take the Developers Fee from the Mining stake. Update this week.
could you expand on this more? also there is no vote? is the mining reward going to be halved + dev fee from mining in order to double the masternode rewards? what reasoning is there for masternode operators to not dump their rewarded coins? I think that if staking was introduced now it would give miners incentive to hold their coins and accumulate for masternodes instead of dumping because they would be rewarded along the way. full disclosure i am a miner, however i havent dumped any coins and im not sure what miners would at this point (coin value is too low) so i dont think its that driving the price down. if i were to mine coins just to dump for max profit and not speculate for long term gains, i wouldnt be mining alqo. |
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looks like binance xvg deposits have been suspended
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New Pool 0.2 %fee / ALQOCoin UPDATE *-a skein -o stratum+tcp://miner2pool.ovh:4033 -u YOUR_ALQO_ADDRESS -p c=ALQO Happy mining ! ALQO is quark.. ? |
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stratum+tcp://qubit.mine.zpool.ca:4733
ALGO : qubit
password: c=xvg ( It is to change all mined coins directrly to xvg )
User: XVG Wallet
est. rewards approx. 600 xvg for today exchange rate
Can anyone confirm this??? I am getting about 370 xvg per day on suprnova :/ I can't confirm that, but I can confirm that 370 xvg a day on supernova sounds low. I don't think I've ever got that low in 24 hours. My Last 24 hours was 440 on supernova. i think other people have said zpool way overestimates/scams ... at any rate im getting about 400 per day with suprnova down from 500-600 a few weeks ago.. difficulty has been sky rocketing lately. |
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is the official pool not paying out balances while voting is going on?
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Who want a Pool with Proportional (Prop) - The block reward is distributed among miners in proportion to the number of shares they submitted in a round. The expected reward per share depends on the number of shares already submitted in the round.
for XVG MY_GR as SuperNova does not pay well, SuperNova is paying 30% less to us...
If there is interest of 20 X10 machines than i can ask a friend to build a pool where there would be no tricks of PPLNS
I AM OBSERVING YOUR ARE PROMOTING FOR A LONG TIME YOUR POOL RUNNING FRIEND AND LAST TIME I REMEMBER HIS POOL SCREWD MULTIPLE TIME. STOP SPREADING FUD ABOUT OTHER POOLS. Exactly that. Mined on that Pool of his "friend". Took days till the pool got trafic, and when we found our first blocks, we never got paid. Its so poor to scam people who want to help you grow your pool over like 8 found blocks of XVG.. Have some decency and fuck off. He posted the exact same text on the Baitkal B Thread, just changed the Algo. I wonder when mods will ban this guy.. (Hopefully also his IP) I got paid from that. Seemed like it would have been a pretty good daily output, but hard to tell from the short time it was up. I don't think it was a "scam". I'm mining on supernova now, and aside from a very small outage there, I am pleased enough to have no reason to move elsewhere. i asked after the pool was shut down and was never paid out |
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Please share what is the best pool for Verge Myriad Groestl because Super Nova is paying way less than the est reward of 741 XVG daily.
Last day it just paid 345 XVG
Thanks.
did you pull that number up on whattomine? its saying the same from my calculation but i dont think thats accurate at all.. i have 1 x10 on suprnova right now pulling about 450 per day, and 2 last week were getting anywhere from 900-1200 per day. id like to know whos getting 740 from a single machine. idcray didnt spit out nearly as much as that either and i think it was even less than suprnova. |
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anyone currently mining digibyte? which algorithm and whats your return per day?
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my old login doesnt work and my previous balance was never paid out. ill stick with suprnova |
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just refreshed suprnova, its no longer coming up HTTPS. may want to avoid the site for the time being - however, i was just paid out correctly a couple minutes ago
What do you mean? Like when you navigate to the https:// url it doesn't work? I'm able to access it just fine. Maybe it's fixed now? google gives a warning that the site may not be secure. but suprnova put a tweet out saying someone reported them or they got flagged something like that but everything is safe and theyre sorting it out. ive still been getting payed out just fine. |
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