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1081  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 19, 2014, 06:13:15 PM

Without giving out too much info (I'm sure the miner would post it here if he wanted it known).  It is multiple miners, but from what we can see, definitely not a bot net (assuming botnet would be thousands of miners), this is only a few (under 100).  Hashrates are similar, obviously built rigs of some sort (all very close increments of 100MHs [some 100MHs, some 500MHs, etc]).  All coming from a select few blocks of IPs.

I'm very doubtful of it being a botnet.  More likely someone with a huge farm.  In all seriousness, 5000 high end graphics cards is only 2mil USD.  Consider it this way, if its profitable for the average person to build a small rig (5-10MHs) and mine, it should be MORE profitable to build larger rigs and mine (economies of scale).  Guessing this person either pooled money, found investments, or was just wealthy and wanted to try it out.

Short story: very unlikely to be a botnet.

I disagree. One would be crazy to point all bots to a single ip. Your server won't be able to handle all those connections. It's totally reasonable to combine a few thousands of them.

And you are talking about "this person". If it was a GPU farm, there is no way for a single person to handle all those GPUs. You will have more dead fans a day than you will be able to replace. You need dozens of people to run such a farm. Considering the amount of work to build such a farm, hire the people to manage all those rigs, dealing with electricity and so on... this is an investment if at least 5 mil. USD. And with that amount of money, it's totally lame to point all your rigs to a pool of a hobbyist (no offense - you are doing great work!). Creating a multipool just for yourself is not that complicated. Investing 5 mil. USD in a mining farm and not paying 50K USD to a software developer is very unlikely to happen. :-)

My suggestion: ask the operator to contact you via PM and, of course, handle all communication confidential. It's should be easy for him to provide some evidence that this is just a ultra-large GPU farm.

1082  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 19, 2014, 05:49:22 PM
The top miner currently provides 6.10 GH/s... This clearly seems to be a botnet. I know that this give you a lot of coins, but nevertheless - most pools try to lock out botnets, because it's not only a crime, but also a huge waste of energy.




You're assuming it's a botnet based on zero evidence. You are also assuming botnets are illegal, botnets aren't illegal, but using computers on people unknowingly is illegal.

This could be a company who manufacturers ASIC's, or simply a large GPU farm.

I am assuming it's a botnet for good reason. Isn't it funny, that there are plenty of GPU farms in the range till 250 MHash - all close to each other with the hashrate they provide. After that range you won't see any farms... just a few with ridiculously high hash rates. If there is a GPU farm with 6.1 Ghash... Why no with 1 GHash? 1.1? 1.2? 1.3? 1.4? 2.0? 2.5? 3.1? 4.2? Probability calculation is the evidence in this particular case.

If I flip a coin a hundred times and it always shows head - wouldn't you assume that this coin has two identical faces? What are you going to do if I tell you that your assumption is based on zero evidence?

This is most likely a botnet. Even all the power comes from a single ip. It's pretty easy to delegate work.
1083  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 19, 2014, 04:47:04 PM
The top miner currently provides 6.10 GH/s... This clearly seems to be a botnet. I know that this give you a lot of coins, but nevertheless - most pools try to lock out botnets, because it's not only a crime, but also a huge waste of energy.



1084  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 14, 2014, 08:40:25 AM
Whenever I take a look at the site, I always wonder why it mines inprofitable coins. Currently CHNCoin - that's ridiculous. The most profitable coin for days has been leafcoin. It does not even appear in the stats. Please add it - and mine it.

1085  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs on: February 12, 2014, 05:26:12 PM
If you want this coin to succeed, there is a simple solution:

Provide a fork of cgminer, which can mine scrypt (--scrypt) and adaptive n-factor scrypt (--nscrypt). And provide binaries.

This coin needs more hashing power, but it is still very complicated to compile the vertminer for linux. Although I would call myself an advanced user, it still took me hours. No increasing hashing power = no rise in price.


1086  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN][P2POOL] NEW p2pool: CrunchPool [LTC][DOGE][WDC][VTC] Dogecoin, Vertcoin.. on: February 12, 2014, 04:47:14 PM

It's cleared when the process is restarted.

There is a flaw in a p2pool parameter that has become more and more damaging as difficulty increased. We're going to reboot the whole VTC p2pool network tomorrow evening (all p2pools at the same time) after fixing it. You can also try fixing the difficulty setting your username to YourAddress/0.000001.


I still don't get it... what happened to my hashing power? The "flaw" made others get the coins I normally deserved? Or will I get any reward for my effort in the future?
 
1087  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN][P2POOL] NEW p2pool: CrunchPool [LTC][DOGE][WDC][VTC] Dogecoin, Vertcoin.. on: February 12, 2014, 01:14:54 PM
I am mining Vertcoin at your pool. First, it worked well. Now it smells fishy. I am mining with 1.5Mh/s and did not get a single payout in the last 24 hours. Just look at VvBKTkujsR2MS8rVKEUzU9jnWrQHHQ4tAm. How is that possible? In a mining pool I would have mined approx. 10 VTC. With P2P-Mining it's zero.

I see people with less power than me and getting much more payouts:
VoE9mG23neSXzwQGMzr9N4PqFeXQhP3JyR
VdBoKS1trj13ZcPTx9GGg4fNYk8KStJAZB

BTW: The list of pool shares was very long a few days ago - now its almost empty. Did someone simply clear it? Where are all those shares now?

1088  Local / Mining (Deutsch) / Re: Riser in D bestellen: wo? on: February 10, 2014, 06:05:24 PM
Riser-Kabel am besten bei eBay. Powered-Riser-Kabel kann ich nicht empfehlen. Dann kaufe lieber ein Mainboard mit einer zusätzlichen Stromversorgung für PCI-E. Einige Mainboard haben dafür eine extra Molex-Buchse auf dem Board.

Minen kann sich auch in Deutschland lohnen. Voraussetzung ist ein effizientes Netzteil und "Undervolting" bei den Grafikkarten.
1089  Local / Altcoins (Deutsch) / Re: Litecoin Kurs on: February 10, 2014, 05:59:49 PM
Schwer zu sagen. Ich würde aktuell auch zu diesem Preis keine Litecoins kaufen, besitze aber noch einige davon, die auch nicht vorhabe zu verkaufen. Mein Tip also: HOLD. :-)

Litecoin hat letztes Jahr viele Vorschusslorbeeren bekommen als der Kurs innerhalb von wenigen Wochen von 2$ auf 50$ gestiegen ist. Bisher ist Litecoin dem nicht ganz gerecht geworden. Ein Litepay (als Gegenstück zu Bitpay) ist nicht in Sicht und die Anzahl der Shops wächst auch nicht. Zudem zieht DOGE als Scrypt-Coin momentan viel Aufmerksamkeit auf sich. Dagegen muss man allerdings sagen, dass Litecoin ein sehr stabiles Netzwerk hat. 75 GHash sind eine Menge, wenn man bedenkt, dass DOGE die meiste Zeit über fast doppelt so profitabel ist. Unter den Minern ist die Unterstützung also noch groß.

Keiner weiß, was passiert, wenn die Scrypt-Asics kommen. Auch die Halbierung des Block-Rewards bei DOGE in einigen Tagen ist spannend. Die große Rallye wird's erst wieder geben bei schlechten Nachrichten aus der Finanzwelt oder wachsender Akzeptanz für Cryptowährungen bei den Regierungen geben. Der einzige Coin, für den ich kurzfristig Potential sehe, ist Vertcoin.
1090  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][DOGE][Pool][PPLNS] pool.dogechain.info on: February 04, 2014, 02:48:09 PM
It's getting even worse. Exactly 24 hours later...

Pool stats:
Last 24 hours: 189.67%

1091  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][DOGE][Pool][PPLNS] pool.dogechain.info on: February 03, 2014, 03:36:22 PM
Honestly, this pool smells fishy...

I've been mining there for a week now with 10Mhash+ and there has not been a single day were the pool was even close to the exspected time finding a block.

Last 24 hours: 167.27%
Last 7 days: 126.56%

This pool provides about 4% of the doge hashrate. 26.56% is beyond any normal variance for such a high hashrate.

1092  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 03, 2014, 02:36:22 PM
So sad that wafflepool seems to be mining mincoin at the moment although it is not even in the top ten of profitable coins...
1093  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Profit switching pool - wafflepool.com on: February 03, 2014, 11:35:12 AM
I've been mining there for half a day. I am not too happy with the results so far, but I will stick to wafflepool for a few days.

I would really love to see the operator making a little more advertising. 600 MHash is still a very low hash rate. What about lowering the fees for a few days to 0%? This pool has huge potential, but it just needs to attract some more miners.
1094  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 28, 2014, 03:24:31 PM
Why does no one ask the question WHEN? When the f*** does this coin start? Big announcements, a huge countdown. But not a single line of code. My guess? 2015. Maybe 2016. And do you know how the crypto coin world looks in a year or two?

I know several people how are already working on what you are just planning. They are half a year ahead. None of your ideas is really new. Dozens of crypto currencies will be released until Ethereum is finished. And Ethereum will have nothing new. Buy a time machine, travel two years into the past and start... At the moment, it's just a waste of time.
1095  Local / Altcoins (Deutsch) / Re: Ethereum on: January 21, 2014, 02:04:48 PM
Was sagt ihr dazu?
Es klingt zumindest nach Revolution:
http://ethereum.org/ethereum.html

Ein Coin, bei dem die Macher selbst im ersten Jahr 75% der Coins für sich behalten? Klingt für mich nach gescheitert. Ursprünglich waren doch Cryptowährungen mal gedacht die Geldschöpfung zu dezentralisieren. Aber bitte, wer das akzeptiert. Bei NXT scheint's ja auch zu funktionieren...


1096  Local / Altcoins (Deutsch) / Re: Timekoin - die wirklich erste "nicht-bitcoinbasierte"-Kryptowährung on: January 21, 2014, 01:36:17 AM
@Ricke: Müsste ich mal im Timekoin-Forum nachfragen, ob das möglich ist. Kann mir aber gut vorstellen, dass irgend ein Mechanismus das verhindert.

PS: Zufällig im dortigen Forum gefunden: http://forums.timekoin.org/viewtopic.php?f=4&t=555. Möglich scheint es also zu sein, aber du hättest hohe Zugriffsraten auf die Blockchain-Datenbank und bräuchtest dann doch recht viel Rechenleistung/Speicher etc. Im Prinzip wäre das Timekoinsystem dann doch in gewisser Weise eine Art "Proof-of-Work".

Wenn ich dafür 5000 Peers in einem unterbringen kann, ist es das wert. Die Blockchain-Datenbank passt selbst bei Bitcoin noch locker in den Hauptspeicher. Zugriffsraten spielen da gar keine Rolle mehr.

Ich habe mir schon viele Gedanken über Coin-Konzepte gemacht und so etwas wie bei Timekoin hatte ich auch schon im Sinn, habe es aber dann verworfen. Es funktioniert so nicht, da es keine Möglichkeit gibt zu überprüfen, ob ein Peer "echt" ist oder die Daten nur von einem anderen Peer bezieht und weiterreicht.
1097  Local / Altcoins (Deutsch) / Re: Was haltet ihr von Feathercoin on: January 20, 2014, 08:32:50 PM
Feathercoin... das ist der Coin, bei dem der Entwickler die Difficulty anfangs auf 0 gesetzt hat, so dass mehrere Millionen Feathercoins innerhalb weniger Tage erzeugt worden sind. Der Entwickler selbst hat eine Wallet mit 2 Millionen Feathercoins. Adresse hatte ich auch mal irgendwo... suche ich gern raus wenn Interesse besteht.

Das ist zwar kein Premining, was da betrieben wurden ist, läuft aber aus dasgleiche hinaus. Instantmining glaube nennt das der Fachmann. :-)
1098  Alternate cryptocurrencies / Altcoin Discussion / Re: [GRD]Grandcoin mining pool on: August 25, 2013, 01:33:36 PM
Password recovery does not work - no mail is being sent. Support does no answer to mails. Whats going on at this pool?
1099  Bitcoin / Mining / Powered PCIE risers with capacitors on: June 24, 2013, 07:04:27 PM
Hello,

I currently use powered risers with capacitors for my mining rigs, but now I heard that those risers are a fire hazard. Is this true? If yes - how can I remove them? I didn't care about capacitors, I just bought powered risers and recognized later, that they were a little different.

I would be glad if someone can help me.

1100  Local / Deutsch (German) / Re: Asic USB Miner - totaler Irrsinn? on: June 16, 2013, 06:30:32 PM
Was wäre denn, wenn die USBMiner für 1,5 BTCs verkauft werden würden, oder 1,4 BTCs, wäre das dann doch noch rentabel?

Nein. Selbst dann nicht. Ich habe das gerade nochmal ausrechnen lassen. Bei 330 MHash/s und 30% Difficulty Steigerung im Monat (die haben wir zur Zeit) hast du nach 13 (!!!) Monaten einen ganzen Bitcoin erzeugt. Danach kannst du das Ding praktisch wegschmeißen, denn in den folgenden 12 Monaten machst du damit nur noch 0,026 Bitcoins. Den Break-Even schaffst du in Bitcoins definitiv nie!


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