Bitcoin Forum
June 19, 2024, 02:10:23 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] zFastminer-v2.3.2 Most Powerful And Profitable Zcoin Miner On Poolside! on: May 05, 2018, 04:41:48 PM
MPH is being ridiculous on average luck.  with 33-50% hashrate last 24 hours still not getting closer to 50% of the blocks found.  The last block was about 4 hours to find at 1000%+ luck sigh.  Without something like this, you would be sunk.  It is not like the average luck is close to 100% either with the 7 day at 118% the 4 week, at 118% and the 12 month, increasing to 107%.

If we compare mph to suprnova;
Mph luck last 24 hours is 158%
Suprnova luck in last 24 hours is 181%
I think the price will rise to 70 usd very soon....

MPH should be closer to the mean, as it has 33-50% of network hashrate. so between 2-3 blocks found an hour on average.  At the moment 33% so 2 blocks an hour.  Within the 12 month had as much as 70-90% of network hashrate so the difficulty estimated shares are either incorrectly calculated or its just messed up at now +7-18% over estimated shares over the last 30k-40k blocks.
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] zFastminer-v2.3.2 Most Powerful And Profitable Zcoin Miner On Poolside! on: May 05, 2018, 04:24:03 PM
MPH is being ridiculous on average luck.  with 33-50% hashrate last 24 hours still not getting closer to 50% of the blocks found.  The last block was about 4 hours to find at 1000%+ luck sigh.  Without something like this, you would be sunk.  It is not like the average luck is close to 100% either with the 7 day at 118% the 4 week, at 118% and the 12 month, increasing to 107%.
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] zFastminer-v2.2.9 Most Powerful And Profitable Zcoin Miner On Poolside! on: April 25, 2018, 04:25:15 AM
Is there a way to see the individual hash rates per card?

testing the zfastminer on 13 x 1070 ti rig.

Just remove -q from .bat file and you will see it
What is your total hash rate on 13x1070ti?

Reading about 33.88 Mh/s on combination of:

Gigabyte Gaming OC 1070 ti
Gigabyte AORUS 1070 ti

Showing a lot of invalid shares pool side 8-20% so far in the first hour.  Not many invalid shares on miner showing ex. 901/903
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] zFastminer-v2.2.9 Most Powerful And Profitable Zcoin Miner On Poolside! on: April 25, 2018, 02:43:55 AM
Is there a way to see the individual hash rates per card?

testing the zfastminer on 13 x 1070 ti rig.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: April 03, 2018, 01:29:01 PM
^^ This guy... just another account to spam replies.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: April 01, 2018, 02:54:41 AM
I have 3 x Amd Rx 580 8 GB cards in my rig. I am interested to mine Zcoin. I have no experience in mining Zcoin before.  Can someone point me to a guide?

Here is the official guide:

https://zcoin.io/guide-on-how-to-mine-zcoin-xzc/
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 30, 2018, 02:16:53 PM
ZCOIN 260 GHS, block time 7 mins ? WTF....

yeah, the difficulty was too high now to low, not really averaging out to 10 mins.

It is more like 285 GH/s last few hours.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 30, 2018, 01:23:55 PM
Hey, i just found out about the project and would like to start mining the coin, however when i go to the mining guide i get a 404 - https://zcoin.io/language/en/guide-on-how-to-mine-zcoin-xzc/
I could not find where to download the CPU miner or any instructions on how its working, would appreciate some help, thanks!


The link seems to be working fine for me:

https://zcoin.io/guide-on-how-to-mine-zcoin-xzc/



Hello! Tell me please, what benefits will I get if I have the tokens of your project?


Operate a Znode (masternode) https://zcoin.io/faq/

"What are the expected returns from a Znode?

A fixed amount (30%) of the block reward (15 XZC with current block reward) is paid to Znodes. Znodes are put in a queue and take turns to receive this block reward. Depending on the number of Znodes active, the payout will be once every few days.

The amount of returns depend on how many active Znodes there are. The more Znodes there are, the less each Znode gets. Based on 50% of circulating Zcoin being made into Znodes, we estimate the first year’s return to be in the region of 20-30+% per annum."
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 30, 2018, 05:04:54 AM
The Price Zcoin is bleeding let it bleed more and i will buy more. All the Weak hands are going out. Zcoin will at least double or more very soon

We should hope for at least x8 from where it is now.  It will take a huge influx of new money to dig us out of this hole. Just hope they are able to get MTP implemented soon so us miners can stay above water.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 30, 2018, 01:01:59 AM
I'm reindexing the blocks for the 4th time on win7 for the new wallet version. But when reindexing is done, it shows as if the wallet is fully sync but in fact I'm lagging over 150 blocks on the chain and my recent transfers are not appearing on my address. Also during the night, it moved from blocks 80406 to 80408 (advanced 2 blocks in 8 hours!) but we're currently at block 80550... But still the wallet says fully sync and up to date?!

Do you have v0.13.5.7?

Also, this if you have not already: https://zcoinkb.wordpress.com/2018/03/28/znode-stuck-on-block-80421/

Try updating to windows10.

Thanks, I'm pretty sure that's the exact same problem addressed at the link you provided! That should do it! *Edit: It did it!

Glad I could be of some help.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 29, 2018, 02:59:15 PM
I'm reindexing the blocks for the 4th time on win7 for the new wallet version. But when reindexing is done, it shows as if the wallet is fully sync but in fact I'm lagging over 150 blocks on the chain and my recent transfers are not appearing on my address. Also during the night, it moved from blocks 80406 to 80408 (advanced 2 blocks in 8 hours!) but we're currently at block 80550... But still the wallet says fully sync and up to date?!

Do you have v0.13.5.7?

Also, this if you have not already: https://zcoinkb.wordpress.com/2018/03/28/znode-stuck-on-block-80421/

Try updating to windows10.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 28, 2018, 05:24:39 AM


They call them ASIC resistance algorithms. So they resist but are not ASIC proof.  Because of the memory usage, it increases the cost to produce a machine hopefully making it less profitable for them to make it for this coin/algorithm.  It should do a good job of identifying bots and help reduce those since the memory usage will hopefully alert the user that their computer is infected.

Other than that the mining difficulty is about to crack 29k, ouch.


Not only that but the price is diving too just like pretty much almost every altcoin right now, it's really not worth mining if you're just selling it right away.

Keep mining to secure the network and support the project. Hodl the coins you earn. Create Znode.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 28, 2018, 12:20:40 AM
Reuben posted a new update on Zcoin 3 hours ago on youtube 19min 47 sec video.

https://youtu.be/3DlsJXoXxiI


A couple highlights:

-Proof of Work vs. Proof of Stake.
-Reaffirming Zcoin maintaining itself as a currency.
-Timeline of other coins progress ICO, or PoW phase, into PoS phases etc. and now Zcoin compares to it or will compare to those other timelines.
-MTP to ensure large distribution of Zcoins
-(Spoke on this before) MTP rollout solo-mining probably, probably bounty for pool mining programming as the Zcoin team does not have expertise in this area.
-Ensuring decentralization.


14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 27, 2018, 06:48:36 PM
We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.






As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?

As I understood MTP requires large amount of RAM ~10 Gb. Miner activity will affect behavior of average computer much more and thus will reveal itself. As expected botnet performance will be reduced.


So every mining rig would need 12 GB or so of RAM to be able to continue mining ZCoin? That's a hefty additional expense, particularly with DDR4 systems.

That means it does not only successfully prevent botnets from mining, but also negatively impacts all the average miners who have good intentions?

It may be. But miners have intention to do job for network unlike botnet computers which are just victims and tool in hands of botnet master.

Not so much.

"Reuben Yap 7 months ago

It depends on the parameters. The design goal is actually to allow MTP to go up to 10 gb of RAM while remaining lightweight to verify though the reference implementation is 2 gb."

Zcoin MTP video, only 2minutes 49 seconds to understand it.

https://youtu.be/DAJirQaBIzY

That seems to be an interesting solution, but I keep thinking of this always as a cat and mouse game. Like no solution is forever when it coms to technology. I can be totally mistaken because I am not a programmer, but maybe one day those who produce Asics find a way to counter this again? Could that happen?

They call them ASIC resistance algorithms. So they resist but are not ASIC proof.  Because of the memory usage, it increases the cost to produce a machine hopefully making it less profitable for them to make it for this coin/algorithm.  It should do a good job of identifying bots and help reduce those since the memory usage will hopefully alert the user that their computer is infected.

Other than that the mining difficulty is about to crack 29k, ouch.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 27, 2018, 06:07:47 AM
We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.






As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?

As I understood MTP requires large amount of RAM ~10 Gb. Miner activity will affect behavior of average computer much more and thus will reveal itself. As expected botnet performance will be reduced.


So every mining rig would need 12 GB or so of RAM to be able to continue mining ZCoin? That's a hefty additional expense, particularly with DDR4 systems.

That means it does not only successfully prevent botnets from mining, but also negatively impacts all the average miners who have good intentions?

It may be. But miners have intention to do job for network unlike botnet computers which are just victims and tool in hands of botnet master.

Not so much.

"Reuben Yap 7 months ago

It depends on the parameters. The design goal is actually to allow MTP to go up to 10 gb of RAM while remaining lightweight to verify though the reference implementation is 2 gb."

Zcoin MTP video, only 2minutes 49 seconds to understand it.

https://youtu.be/DAJirQaBIzY
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 26, 2018, 01:30:13 PM

Around 3200 kh/s per card, so a total of 12800 kh/s. Yes, i'm using DJM34 for Lyra2z.
Mining pool hub reported on average around 6 mh/s, and mint pond reported around 12 mh/s.

3200KH/s with what settings on cards?

Also did you notice that profitability is better on MPH or Mintpond, I know that is hard to say if you don't have 2 same rigs mining at the same time on 2 different pools but still Smiley

We were on MT before it froze up for a while, then swapped to SN but their support team dropped the ball for a week when the pool froze so we switched back to MPH. We were getting "higher profitability" with SN (not by much,) but the pool only had about 1.8-2.4Gh/s so took roughly 15+ hours on average to find a block. MPH reward per block is much lower but before this week averaging 4-5 blocks found per hour. At the moment 2-3 blocks per hour.  We find even though there is a pool fee etc. on MPH, the rewards are "more guaranteed/lower risk" if that makes sense. We end up losing less if one of the rigs goes down for a bit before we can get to it.

So for the moment MPH.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 26, 2018, 01:21:52 PM
How do you think is it normal value on MPH? Interesting percent of invalid shares

Round Shares Submitted shares since last found block (ie. round shares)
Est. Shares   442,919 (done: 118.06%)
Your Valid   183.9309
Your Invalid   8.0927 (4.21%)

We are usually at 0% invalid shares on MPH

Est. Shares 444,541 (done: 563.19%)
Your Valid 824.1024
Your Invalid 0.0000 (0.00%)

At the moment, the last block found 60 minutes ago... extremely unlikely, although possible with the supposed 163.2Gh/s pool vs. 190.2 Gh/s network (85.8% of the network hashrate, supposedly.)

18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 26, 2018, 01:46:37 AM
How does this coin compare to Zero or BTCZ or even Hush. Seems Zero, BTCZ and Hush are directs competitor with active devs with very small market cap that soon going to go up. It's not fud I'm just wondering. Also Zero or BTCZ or even Hush can be mining using GPU.

They seem active. The project seems to be moving along towards the MTP algorithm which uses some memory to solve. XZC was up over half a billion market cap at the beginning of the year and was ranking higher than it is now in terms of market cap. Now its 70-75th mostly.

Devs. seem active and focused on making sure privacy and usability are at the forefront of the project.  In terms of trading its on the big exchanges so that is helpful.

BTCZ value turned to crap after trading was closed down right after the fork off ZCL and BTC and now only traded on KuCoin which severely limited its upside. 
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 25, 2018, 10:45:38 PM
The Luck on MPH has just skyrocketed with no real correlation to the increased or decreased difficulty (total network hashrate.)

We will see what happens.


Last 4 weeks 113%
Last 7 days 122%
Last 24 hours 135%

It just keeps rising. Currently, it only shows 215Gh/s so it is not even that high.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!