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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: DOGE to BTC or MEOW to BTC? on: February 03, 2014, 01:41:36 PM
What's multipool?
Isn't hashcows multipool because they support many coins?
2  Alternate cryptocurrencies / Mining (Altcoins) / DOGE to BTC or MEOW to BTC? on: February 03, 2014, 09:04:07 AM
If I am doing CPU mining on hashcows, which will be more profitable right now?

Mining DOGE and then automatically converting them to BTC?
OR
Mining MEOW and then automatically converting them to BTC?
3  Bitcoin / Development & Technical Discussion / Re: API functions that are called when you add a worker on: January 28, 2014, 05:21:31 PM
Thanks. Now I am getting the hang of it. I know there are a few middleware softwares available but I wanted to create my own but I didn't know where to start.
4  Bitcoin / Development & Technical Discussion / Re: API functions that are called when you add a worker on: January 28, 2014, 06:10:08 AM
Oh so that means all the methods that we see for e.g. PPS etc. are based on ones own formulas?!
5  Bitcoin / Development & Technical Discussion / API functions that are called when you add a worker on: January 27, 2014, 05:57:47 PM
When you add worker in a mining pool what happens at the back end? I am basically asking from bitcoin API point of view as to what functions are called when you add a worker in mining pool. This is the API I am talking about:

https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_calls_list
6  Alternate cryptocurrencies / Mining (Altcoins) / Re: [XPM]unofficial jhPrimeminer thread on: November 18, 2013, 05:42:33 AM
I'm not sure if -xpm option is working or not.
I have connected three computers to my server using -xpm option.
jhprimeminer -o http://server.address:9912 -u username -p password -m 61 -target 9 -bttarget 9 -xpm coinaddress
Total pps is around 79000 all together. I ran for a week, but never found a block.
Also, when I used to pool mine, I'd see something like it found some chains once in a while, but I never seen that message since soloing.
Can someone look into this?

Are you running it on Windows or Linux?
If Windows then which version?
Because I was using it on 64 bit Windows until the crash of ypool and now it doesn't work even with -xpt option. I even tried this -xpm option but no luck.
7  Alternate cryptocurrencies / Mining (Altcoins) / Re: [XPM]unofficial jhPrimeminer thread on: November 16, 2013, 09:29:42 AM
Ypool's server is down due to hardware failure. ETA 12 hours from now for repair.

I am using jhPrimeminer on 64 bit machine and it was working fine until the crash of ypool.net
Now as per their instruction I am connecting to port 8081 with option "-xpt" but the program says "-xpt is an unknown option.

How to make it work?
8  Other / Beginners & Help / Re: Noob question about using two PCs on: November 06, 2013, 07:25:02 AM
you can import the wallet from PC1 to be used in PC2 and they will both show the same amount of bitcoins in your wallet Smiley
By default each PC will have its own wallet address. However, you can import the private key from one wallet so they both have the same address.
https://en.bitcoin.it/wiki/How_to_import_private_keys_v7%2B

That is a bad idea because after you send money from one of the wallets, the two wallets will no longer be in sync and will show different amounts. If you try to fix it without understanding what happened, you could lose some bitcoins.

Yeah this is what I am worried about. But isn't it strange this such basic feature is not easily available in program? Or people only install it on one PC throughout their life?
9  Other / Beginners & Help / Noob question about using two PCs on: November 05, 2013, 01:08:06 PM
Let's say I install bitcoin-qt on PC1. It is syncd with network.
I save my wallet and encrypt it.
I then start mining and finds 1 coin.

Then I install bitcoin-qt on PC2. It is syncd with network.
Here I get another wallet.
Now if I find a coin, where will it be saved?

I mean do I need both wallets to claim those 2 coins found or only wallet on PC1 will work for both?
10  Bitcoin / Mining speculation / Re: What does "difficulty" mean? on: November 03, 2013, 04:57:39 PM
Great explanation Augusto!
Need to clarify one thing regarding target.

1. Network takes some random number and it generates its hash

No, the target is not exactly a random number. The target is defined in accordance with the rate of blocks being accepted by the network each 10 minutes. So there is a defined formula to generate the target.

Let's examine a real case, the first block generated by Satoshi Nakamoto when he started the Bitcoin protocol. The Internet page blockexplorer.com provide a history of the blockchain in CSV format:

http://blockexplorer.com/q/nethash

Quote
blockNumber,time,target,avgTargetSinceLast,difficulty,hashesToWin,avgIntervalSinceLast,netHashPerSecond
START DATA
144,1231693144,26959535291011309493156476344723991336010898738574164086137773096960,26959535291011309493156476344723991336010898738574164086137773096960,1.00,4295032833,1563,2747941

There is a field "time" followed by a field "target". The number in the field "time", 1231693144, is given in Unix format. So let's convert this number to the traditional Gregorian calendar format:

http://www.wolframalpha.com/input/?i=1231693144+unix+time

The first block of the Bitcoin network was accepted on Sunday, January 11, 2009, 4:59:04 pm UTC. The target to accept the block was:

26959535291011309493156476344723991336010898738574164086137773096960

This is a number with only 68 decimal digits. Now let's compare with the last computed target:

68962778243821519216393853205209897734463141354237780295680

It is a 59 decimal digit number. In other words, the last target is a number lower than the first target. That means that as lower the target becomes, greater is the difficulty to find a random hash which number is equal or lower than the target.

Now, to understand how the target is defined, let's examine the first block was accepted once the difficulty increase above 1:

Quote
32256,1262153464,22791060871177364286867400663010583169263383106957897897309909286912,24875298081094336890011938503867287252637140922766030991723841191936,1.18,5080592338,502,9272714

So, on Wednesday, December 30, 2009, 6:11:04 am UTC, the first block with difficulty above 1 was accepted by the network. At that time, difficulty was 1.18 and the target was:

22791060871177364286867400663010583169263383106957897897309909286912

Quote
2. Then it distributes this hash as new target

Correct, all clients distribute to each other the same target once it is recalculated.

Quote
3. Then miners try to find a number whose hash is equal to or less than target

Correct, the "miners" use their SHA-256 hash generators device to find the current target.

Never saw such clear explanation of bitcoin before. Beautiful!
11  Bitcoin / Bitcoin Technical Support / Re: Saving each address in a different wallet on: November 03, 2013, 03:05:28 PM
0. n=0
1. n=n+1
2. Run bitcoin-qt
3. Generate an address
4. Quit bitcoin-qt
5. Rename wallet.dat to wallet_n.dat
6. Goto 1.

I'd just add a "Wait for 5 minutes" between 2 and 3. Grin

Alternatively, you can generate all (x) addresses from the same wallet, export the (x) p-keys, import each of them in a new fresh wallet, and ultimately delete the first generating wallet.

I exported keys and it generated one CSV for all keys. But I don't see any import or load wallet option in litecoin-qt
12  Bitcoin / Bitcoin Technical Support / Re: Saving each address in a different wallet on: November 03, 2013, 02:58:39 PM
0. n=0
1. n=n+1
2. Run bitcoin-qt
3. Generate an address
4. Quit bitcoin-qt
5. Rename wallet.dat to wallet_n.dat
6. Goto 1.

What's "n" here?
13  Bitcoin / Bitcoin Technical Support / Re: Saving each address in a different wallet on: November 03, 2013, 06:54:00 AM
Yes if you generate them seperately
How do I generate them separately?
14  Bitcoin / Bitcoin Technical Support / Saving each address in a different wallet on: November 03, 2013, 06:13:52 AM
Let's say I I generate 10 addresses in bitcoin-qt client. Is it possible to save each address in a different wallet.dat file?
15  Bitcoin / Mining speculation / Re: What does "difficulty" mean? on: November 03, 2013, 06:01:28 AM
Great explanation Augusto!
Need to clarify one thing regarding target.

1. Network takes some random number and it generates its hash
2. Then it distributes this hash as new target
3. Then miners try to find a number whose hash is equal to or less than target

Have I understood it right?
16  Bitcoin / Mining speculation / What does "difficulty" mean? on: November 02, 2013, 03:10:46 PM
What exactly does "difficulty" mean?
I know the higher the difficulty the difficult it becomes to mine coins but what exactly does it mean? For e.g. if difficulty is 545898 so that means it will take this number of days or may be minutes to find the next block?
17  Other / Beginners & Help / Does bitcoin mining solve any problem? on: October 31, 2013, 06:54:44 PM
When we do mining in bitcoin does it solve any computational problem? I mean all these machines running around the world working to generate bitcoins, so the hashing work they do, does it solve any problem?
For e.g. some of you might have heard about GIMPS which is about finding next highest Mersenne prime number. Now to do that a software is run like bitcoin which does the computation for you. So basically people all around the world running that software to find the next Mersenne prime number. As you can see running that sofware (which does computation like bitcoin client) results in solving problem which is Mersenne prime number.
So is there some benefit of doing all this bitcoin mining other then it being used as a currency?
18  Other / Beginners & Help / Re: 32kh/s on guiminer on: October 31, 2013, 04:37:18 PM
2. How long does it take to update my stats on mining.bitcoin.cz website? I have been running this guiminer for more than 24 hours now and I saw one message on status bar of program which said something like "Shares: 1 accepted at 9:15PM" but I see that all my stats are 0 on the website.


With your speed 32KH/s you wont find many shares. If stratum difficulty is 1 then you will find share every 1 and half day

And Slush reward diminishes rapidly after few mins - it is best to use countinuous miner sending shares often.

What are some continuous miners?
19  Other / Beginners & Help / Re: 32kh/s on guiminer on: October 31, 2013, 09:38:01 AM
This forum software is quite buggy. Yesterday I was unable to register and when I tried again it said that you are already registered and automatically assigned me this user name I have.
Then today when I tried to reply it said I have already replied so I should wait 360 seconds. Then when I tried again after 360 seconds, it said I have already posted a reply which is nowhere to be found.
This happened in both Chrome and Firefox so I know this is not browser cache issue.

1. So basically all coins are stored in mining pool? If mining pool goes down, it means all coins are gone?

2. How long does it take to update my stats on mining.bitcoin.cz website? I have been running this guiminer for more than 24 hours now and I saw one message on status bar of program which said something like "Shares: 1 accepted at 9:15PM" but I see that all my stats are 0 on the website.
20  Other / Beginners & Help / Re: Is ASIC just an online service or it is actually shipped to your address? on: October 31, 2013, 07:42:27 AM
If you have nothing to contribute then don't bother replying.
This is a newbie forum and I asked a newbie question. Someone has to start from somewhere. I am pretty sure you didn't know about ASIC the day you were born so you learned it some day.
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