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I'm talking with several existing ppc/nvc pool operators, to see if they could add pool support for BitBar.
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What use is a crypto that can only be mined by the devs. No one's figured out how to mine it in a pool and seeing as it's being mined at high diffs leads me to believe either the devs had a pool setup before hand or there are some individuals with obscene rigs mining the tits out of it, or both. Either way mere mortals can't touch it so it's useless.
I'm solo mining it, it can still be solo mined reasonably at the moment with a single rig that produce 1mh or more. You will get several blocks per day. |
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5 BTC
Really? Want to buy 5,000 CNC for 5 BTC too? no, open your own auction thread if you want to sell them. |
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Why not merged mine NMC at a pool with merged mining? (not sure if btcguild still has it). Could be earning 108% more.
Stratum protocol doesn't support NMC. 108% more sounds misleading, do you mean 108%? Or do you mean 8% more? hmm, if earning is 100, then 100 * 108%, what do you get? or did I learn math wrong? Stratum does support NMC, mine at bitminter.com and you'll see. |
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0.2 BTC, what's the auction duration?
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Why not merged mine NMC at a pool with merged mining? (not sure if btcguild still has it). Could be earning 108% more.
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Let me break it down for you all:
For April:
Earnings 3813.93462751 btc (yay loot)
Hosting/Tech Expenses 12.2 btc (the only real expense)
Head IT April Pro-Rated 52.945 btc (money paid to erik for running sdice)
Systems operator 91.7 btc (money paid to erik's buddy for "advice", with possibly kick back to erik)
Legal 25.51 btc (money paid to erik for running sdice)
IP Rights to SatoshiRoller 40.46 btc (money paid to erik's shell company PER MONTH for creating a piece of shit desktop client that nearly nobody uses)
Loss Carryover 0 btc
---------------------------------
Net Profit 3591.11962751
Disclosure: Just a joke, but we need more transparency and detail about these "expenses" and they seem to be pretty high. I own more than 30k shares in S.Dice
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I have said it from the day one, it was an april fools manipulation attempt to make money. mtgox owners are probably laughing to the bank, LTC value went up nearly 100X due to the news (from $0.06 per LTC to $5+ per LTC at its height). Anyone who think mtgox will support LTC for real, haven't been in the game long enough.
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Yeah you can still find blocks. I'm still finding 1 approximately every hour. Unfortunately any I find seem to be stale now.  You must have a problem with your setting, there shouldn't be much stales now given that blocks are minted on average more than 2 minutes apart. |
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This can still be solo mined without a pool, I got 3 blocks in 1 hour a few hours ago, with just 1MH. It's a lot of luck based. You should get 4-5 blocks per day with the current difficulty of 3.x and 1MH hashing power
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interesting...
Diff is already at 2.22216071 on scypt. Could this coin be so hard to mine...it killed itself already with a high diff?
A high diff means it's popular, if it's not popular, difficulty wouldn't go up high. |
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Two questions:
1. how do I mint PoS without encrypting my wallet?
2. can I still send coins to my wallet while it is locked for minting?
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281 accepted shares, don't seem to be getting any transactions. I think it's 512 blocks before mature though.
Going to take it off for now and see if payouts go through.
Not sure if p2pool is subject to the 512 block thing. |
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Copypasta from https://bitcointalk.org/index.php?topic=180589.msg1884910#msg1884910: I decided to put together a guide for people who want to see whether solo mining makes sense, based on their hashrate and difficulty. Here's some quick math, done with 1MH/s of (scrypt) mining power. Difficulty 3.5: 4 hours 10 minutes for a block Difficulty 5: 6 hours Difficulty 7.5: 9 hours Difficulty 10: 12 hours Difficulty 15: 18 hours Difficulty 20: 24 hours To adapt this information to your rig, simple math comes in handy. For example, if you rig is 1.5MH/s, just divide each above time by 1.5 (6 hours divided by 1.5 is 4). If you rig is 0.5MH/s, divide each by 0.5. Difficulty scales linearly with hash rate of network, and a difficulty of 20 is 2x harder than one of 10. Given this, you can easily calculate higher difficulty. A difficulty of 40 would take 48 hours, and one of 80 would take 92 hours at 1MH/s. Current BitBar network difficulty is around 1.7 |
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I believe it exhibits many of the characteristics of gold, which is both a commodity and currency, but nowadays more of a commodity.
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I tried 1200 kH/s for the past hour and nothing. About to give up on this coin.
hang in there!! you will find them just got to stop watching it. this reminds me of what my grandma used to say about hatching out chicken eggs in an incubator. She said if you keep looking at them wont make them hatch faster. The busyier i kept myself the the faster the eggs used to hatch im more concernced there is a problem as I was getting them every 15 minutes or so. Is it just the difficulty so high? with 1.2mh, you aren't going to get a block every 15 minutes at the current difficulty, more like every 3 hour or so, depending on your luck. |
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BitBar really put the pieces together for me, a super high value/rare scrypt PoW+PoS coin with no pre-mine fiasco.
Except that the pre-mine was a fiasco! We watched it being pre-mined, some of us even particupated in the pre-mine! -MarkM- There was no pre-mine, I started mining it immediately after I saw the forum post, I have no connection with the coin beforehand. When I opened the qt client and started solo mining, it was on block 19 for god sakes. There was no pre-mine. Yes some high powered miners joined in, that's not pre-mine, if you had the hardware, you could do it too. |
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