Tested on i5-3337U: ~5.1 MH/s. with 8 threads. @kramble: Hm. Gotta buy an FPGA, then.  |
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1. kill all dead coins
2. hold active devs accountable for premines with public ledgers. no proof of premines being used to benefit the growth of the coin, no adding the coin to the exchange.
3. send new coins to XPM market until they can mature, then promote them to LTC or BTC market.
4. stop adding scam/shit coins.
5. only add new coins when its clear that the coin will benefit not only the exchange but the community as well from being added to the exchange. (1) If there are buyers, it shows that people can still sell. If the coin is dead there will probably be a massive buy/sell spread. (2) Yes. 100 times. (3) Why the XPM market? IIRC the LTC market is for coins whose prices are too low for the BTC market (e.g. CENT got demoted because of low price). I'm not sure what the XPM market is for, though. (4) Same as (2). (5) Double-edged. Adding it to an exchange gives a coin a value, but also gives an avenue for people to dump. Cryptsy has no obligation to do any of these - they are a company, and companies are profit-oriented. Nevertheless, it would be good if cryptsy strongly examines the coins before adding them. (IIRC in recent times they are scrutinising the coins and rejecting/delaying/delisting those with premines, see ORB) |
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1.7 mh/s at 30K difficulty -> 82 hours... I'm not much better, 3.4 mh/s -> 41 hours Feel like renting a few EC2 instances... I got 5 BLC, but BW8pYrMMGedzvhpnL44UFrTovDr7ydZsjs to support continuation of my tiny mining operation  |
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Difficulty is crazy high (though it is artificially inflated by a factor of 0x100 since diff 1 is equal to bitcoin diff 1/256). Managed to mine just one block. Anyway, my address: BW8pYrMMGedzvhpnL44UFrTovDr7ydZsjs (Do you need a signature? If so: gBAh3bPzNZ3rlqvI18DKS5Y -> H8fTwj2SKslCF+4aCeYh5Sziupb0UTfysH9nXQLwhvVK1G6AqY9Lc6BQWriV5qILFI9U6vz8AqYU+uuqmIjog3w= ) Edit: Received! Thank you very much!  |
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Still the client hangs often as well, it seems to stay at a certain block found and does not continue to update.
I have to stop the client manually and restart before if updates several hours of blocks
Seconded. A few days ago when diff was about 5K I lost a block because I was working on a chain 2 hours old |
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I don't have a console, and I already have Bioshock, so the only thing I might be aiming for is the removal of fees. (Though with my meager income, 1.5% of it is only a few micro-GPL per day)
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Really sad seeing litecoin drop from high of $3 to about 1.8$ while dificulty is at a thousand.
Shouldn't the price increase when difficulty increase?
It's the other way round - difficulty increase when price increase. When price decreases, difficulty should drop too. The next difficulty for Litecoin is estimated to reduce even further as a result of the price drop. http://bitcoinwisdom.com/litecoin/difficulty |
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I know that at the launch of Primecoin someone rented a few Amazon EC2 max instances and mined over 9k XPM (at peak, about 9,000 dollars) for an expenditure of $450. If you've got money to burn go for it.
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Finally able to pool mine GPL. All of these times I got the start time wrong, I was using --StartT 1377557832 per Jonoiv's post instead of --StartT 1377557867.
A difference of 35 seconds won't do anything much, though. |
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Gratz guys! Can't wait for the exchange. I wish my hash rate is in the thousands like that of dreamwatcher's! More GPU, more GPU, more, more.... WAAAAAA  GT630M master race reporting in I dream of the day where I can own the 4x7950 rig I've wanted for a long time. |
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If the dev doesn't have a rig, what is the fairest way to pay him or her?
There are only a few ways to let developers get coins without mining - premine, taking a cut of every block, taking a cut of some blocks and relying on donations. The first is extremely frowned upon in the crypto community and would probably harm adoption (unless it is really small, in which case your revenue is almost worthless). The second is what a few other coins are doing, but if we want to do that you could take something like 0.5% instead of the crazy amounts the others are taking. The third is our proposal and is practically identical to the second. The fourth is problematic - in this mining world, margins are everything, so you are not likely to get much donations. Also, aa: you should go support some other coin with your hashpower if you disagree with a coin's philosophy. |
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1) Near zero. Create your own logo, coin name, specs, then do a few changes of parameters. You might need to pay if you are not able to compile a windows client yourself, though.
2) Depends on what you want. If it is a client-side feature (i.e. modification to the UI), then it should not take much work. If it is a network feature - implementing new hash algorithms or features (like proof-of-burn), you would probably need to pay developers much more.
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I think the round ends at 109,300. (Does it?) Anyway, posted my first article! It's only 2.5K words, but it's a start |
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Coins on CoinEx that are not on Coinchoose: BOC is the only one I can think of, but it's kind of worthless right now
Check out the near-dead coins, such as Tenebrix, Fairbrix, Coiledcoin
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So... changing from 20 per 20s to 15 per 40s? hm
The diff retarget is a good fix, but at this point changing the block reward could be seen as a suspicious move.
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Reserved
Riecoin sounds really interesting. Will stand by.
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I am 20% down. I wonder who is actually at a profit  Me... I invested during one of the times it was -4,400. Never touched it since. me 0.62825910 0.05880680 |
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What I mean is, as a pool operator what would I have to do to make my workers work on merged-mining blocks? I read the bitcoin wiki on merged mining and couldn't make head or tail of it.
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-.- mined one block, but later found out that the client hadn't updated its blocks since 2 hours ago...
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Thanks. (it turned out, though, that avast was blocking it without telling me anything.)
Diff is at over 10K. Not bad for a CPU-only coin! (or is it?) I think without a doubt someone already compiled and is running a GPU miner.
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