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1181  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Navajo Coin [NAV] - *NOW ON CRYPTSY* *New wallet with chat & improved UI!* on: October 09, 2014, 08:42:59 PM

My understanding of staking amounts is as follows:

- the chance of you staking is based on the number of coins and the age of coins. ( coins in your wallet are not all the same age, so stake at different times )
- the amount of  coins you get when stake a POS blocks is determined by their age (ages gets reset when the coins stake).  Meaning your stake will be greater if the same number of coins staked are older.

so the more people on the network would statistically give you a smaller chance of actual staking a block, but would not affect the amount of coins you stake in that block.

Besides assuring a stable network which don't get me wrong is VERY important, keeping your wallet open 24/7 will not earn you many more coins than if per-say you opened your wallet once week to let your coins stake.  However if you only open it once a month or less often, you would start missing a noticeable amount of compoundable interest.


I think maximum coin age is 1 day, so opening only once a week you do lose. Not to mention that if you have many coins, it will take hours for them all to stake as they do so in small chunks. If you have say 100000 coins you can't just open it for 30 mins a week.

I have 200000 on a wallet that is open 16 hours a day, everyday and the flow of stakes is pretty stable, about 3-4 blocks an hour.
If I left it open just 3-4 hours the stakes would be fewer and there is no way they could be large enough to make up for it, because I have never seen anything bigger than around 2.5 NAV stake. If I only opened it once a week even for a full day, earning would be a lot lower and I'm not even talking compounding

More people (coins actually) staking on the network will certainly reduce your average POS earnings. Either that, or the rate of increase of the money supply would not be stable over time (not talking about planned reduction here)

true enough, you would have to leave your wallet open for a while each week to let the coins stake.  However, you could also just send all your coins to yourself in one batch which would make them stake all at once ( pertty sure anyways), let it stake once and then close it.  The next time it would be 2 stakes, then 4 and so on.... when it gets too high start all over.

But really, the best option is to leave your wallet open all the time, support the network and support nav.

the min stake age is 4 days and the max is unlimited according to the OP.
1182  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Navajo Coin [NAV] - *NOW ON CRYPTSY* *New wallet with chat & improved UI!* on: October 09, 2014, 06:46:03 PM
its prety hard to see how much you can stake a day as it depends on various factors right?
The more people connected the less stake you earn.

sometimes i start with earning 2 nav every 30 seconds and sometimes 2 nav every 2 minutes and so on... most of the time only an x percentage of my coins is stakable..

i sometimes stake but im a greedy guy and seeing only a few nav each day isnt making me smile hehe, so it isnt really interesting for me, so i only stake when i think about it and when nothing else runs on my computer.

My understanding of staking amounts is as follows:

- the chance of you staking is based on the number of coins and the age of coins. ( coins in your wallet are not all the same age, so stake at different times )
- the amount of  coins you get when stake a POS blocks is determined by their age (ages gets reset when the coins stake).  Meaning your stake will be greater if the same number of coins staked are older.

so the more people on the network would statistically give you a smaller chance of actual staking a block, but would not affect the amount of coins you stake in that block.

Besides assuring a stable network which don't get me wrong is VERY important, keeping your wallet open 24/7 will not earn you many more coins than if per-say you opened your wallet once week to let your coins stake.  However if you only open it once a month or less often, you would start missing a noticeable amount of compoundable interest.

It's like mortgage payments.... you save good chunk of money to pay your mortgage bi-weekly as opposed to monthly, you save a little bit more if you pay weekly as opposed to bi-weekly.   If you were to make mortgage payments daily as opposed to weekly, the savings would be very minimal.


1183  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ on: October 09, 2014, 01:48:14 PM
Im using a gridseed g-blade. My dif changes automatically. My hashrate on the monitor never matches what the pool says either. HW issues are never more than 2%.

asics arent my thing, I find it odd that HW errors are normal, but sure.

I would try on other pools to see if you are having the same issue.  If not, I would contact the pool operator to see if they can help.

I have heard issues in the past where certain types of asic units did not work well with certain pools, no clue why, but it does happen.

Sorry I can't be of much more help.
1184  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) on: October 09, 2014, 03:44:36 AM
Is anyone having a problem with pool.altcoin.center staying up or is it just my miners? Sometimes it works great and other times its just rejects and failed connections.

Yes, I have that exact problem.

what are you using to mine there ? asics ?

if asic, what diff are your workers showing and how big is your asic ?


I run 4 Zeus Blizzards. Here is a screen shot:


Thanks

I thought maybe you had a large asic with a low worker diff and you were submitting too many shares to the pool. I am not familiar with bfgminer output, but it looks like your worker diff is 7230 (seems high for your hashrate, not low), so this can't be the case.

I see a bunch of HW errors, Is that normal for ASIC's ?

HW errors would usually point to miner settings needing a tweak.

Are you having this issue on other pools ?

 

1185  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) on: October 08, 2014, 08:00:44 PM
Is anyone having a problem with pool.altcoin.center staying up or is it just my miners? Sometimes it works great and other times its just rejects and failed connections.

Yes, I have that exact problem.

what are you using to mine there ? asics ?

if asic, what diff are your workers showing and how big is your asic ?
1186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: October 03, 2014, 07:06:16 PM
Hi All,

I am thinking of setting up an MPOS pool for hempcoin.

Wanted to get an idea of what everyone else thinks ?

Trying to see if its worth my while or not.

Thanks.
1187  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ϟ The Tesla ϟ..OFFICIAL on: October 03, 2014, 06:59:33 PM
Hey all,

don't let the silence on the forum here fool you guys. lots of stuff happening on the IRC (#teslacoins) everyday, you should come in and say hello.  you might just get showered with coins :-).

or you could check out the new slick Telsacoin forum http://www.teslacointalk.org/

A good rise on crytpsy today, up to 180 satoshi... very nice.

I wonder if there will be a buying frenzy once mintpal v2 finally comes back online ?? as I think there were some much cheaper sell orders on there before the migration.

Ill take a quess that some will remove them before they get eaten up.
1188  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: October 02, 2014, 08:17:04 PM
Is there any news on the updated wallet?


Wallet is being intensively worked on. However, it's hard to estimate when will it be finished. We have "testing wallet", which stakes, but it's based on old 1.6 wallet. This ancient code would be what many devs would claim as "finished product", but I think we deserve better. I want staking wallet, that is based on latest codebase, so it offers highest security and speed. Making web-wallet on old codebase would be impossible (or at least impractical), because of how slow it is. There are very few coins, which are based on new protocol (two I know are PPC and NVC), we are in fact leading coin, when it comes to state of code.

What I'm doing right now is finding parts of code in 1.7 wallet, which are causing that staking is not working. After I find them, I'll fix it using 1.6 as reference for that part of code.

If anyone wants to help me, you are of course welcome Smiley

Thanks for the update, glad to know you are actively working on it.  I definitely don't want to downgrade to the old codebase in order to have POS working again, Hempcoin needs to stand out among the other 1000's of coins out there.

Keep up the good work Lemons !!
1189  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: October 02, 2014, 01:01:20 AM
Buying opportunity right now for investors

yes it is for sure.  someone is forcing the price lower, don't let him fool you into selling.  you can see his sell order of about 248k hemp, earlier today it was at 175 and he now has it down to 102.

sell if u need too, but just keep in mind this guy is manipulating the price down to get cheap coins.

if he brings it down any further, i wont be able to stop myself from buying it off him.

trade wisely.

update, its now down to 100.

kudos to whomever just bought half his coins... I was wrong before, it is a bot.  someone put in a fake sell order at 104 (highest buy order was 102 at the time).  the bot removed his sell order at 140 and put it back in at 103 to beat the fake sell order at 104, then the guy who put that sell order in just bought half of the bots coins.

kudos and thank you to whoever did that.... good job, beat dem dam bots. :-)

couldn't resist.... just bought the remaining 115k THC off him at 105 sat using the same technique.

take note of this technique/trick, as you can actually make money off the bots if they are playing the spread.
1190  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: October 02, 2014, 12:55:52 AM
Buying opportunity right now for investors

yes it is for sure.  someone is forcing the price lower, don't let him fool you into selling.  you can see his sell order of about 248k hemp, earlier today it was at 175 and he now has it down to 102.

sell if u need too, but just keep in mind this guy is manipulating the price down to get cheap coins.

if he brings it down any further, i wont be able to stop myself from buying it off him.

trade wisely.

update, its now down to 100.

kudos to whomever just bought half his coins... I was wrong before, it is a bot.  someone put in a fake sell order at 104 (highest buy order was 102 at the time).  the bot removed his sell order at 140 and put it back in at 103 to beat the fake sell order at 104, then the guy who put that sell order in just bought half of the bots coins.

kudos and thank you to whoever did that.... good job, beat dem dam bots. :-)
1191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: October 02, 2014, 12:03:14 AM
Buying opportunity right now for investors

yes it is for sure.  someone is forcing the price lower, don't let him fool you into selling.  you can see his sell order of about 248k hemp, earlier today it was at 175 and he now has it down to 102.

sell if u need too, but just keep in mind this guy is manipulating the price down to get cheap coins.

if he brings it down any further, i wont be able to stop myself from buying it off him.

trade wisely.

update, its now down to 100.
1192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: September 30, 2014, 11:54:10 PM
i guess i should have made more checks i just set miner up and went out in a hurry only to com home to empty wallet and a half a days mining up the spout Sad

H9vLeNhFxoHYScRQfSzFG6pmEV5ZiXqwUz

cheers

Sent you some to make up for your loss.

I believe http://pool.altcoin.center/ is the place to be mining now.

Don't want this to ruin it for you.  I've been mining at slugmonkey's pools for months now without a problem until yesterday.  Looks like I'm out a couple, couple thousand THC too, but I have a few extra I'll send your way:)  Have a hempy day.

i feel for you, ive had that happen to me more than once before (on other coins).  best rule is to always compare to the block explorer to be certain the pool is good.

a few more hempcoins should be sitting in your wallet as you read this.
1193  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: September 30, 2014, 06:58:34 PM

can you smell it ..........  I sure can, its starting to smell quite Hempy around here....

up to 240 on bittrex and 1 btc gets us to 375....

All this hard work is starting to reflect on the exchange.

Good work Hempcoinians !!

1194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ UPGRADED POW/POS ✿ Spread the Seeds ✿ EPIC on: September 30, 2014, 04:15:01 PM

very nice, that's awesome how easy it is....

I can see the volume picking up on bittrex too...  we are now on the first page, WOOT WOOT !!

buy it now before it skyrockets...



yaya,someone beat me to the screenshot.... but im still posting anyways.
1195  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ SLUGMONKEY Pool on: September 30, 2014, 03:46:42 PM
I have withdrawals confirmed on slugmonkey but they have not went into any of the two wallets I used addresses for. Is this because oof the fork? I emailed the pool admin but he hasn't replied. Any suggestions?
same

unfortunately if the pool has forked, then any coins mined since it forked are gone, nothing you can do to get them back.  I think it might have forked earlier in the weekend as someone else said above. 

If the admin is not responding, I suggest mining somewhere else.
Slugmonkey is the only pool finding blocks. They are running 73MH/s right now. So where are all those coins going? There is no since in using the other pool because they will not find blocks. They need to close the pool and pay people cause I know someone got the coins.

The coins will only exist on the fork, and as far as I know, they are the only ones on that fork.  If you continue on this fork, you will keep those coins, but they wont be the official hempcoins and you wont be able to interact with any other hempcoin wallets outside that fork, ie: exchanges,merchants, your hempcoin friends, etc....  Unfortunately, they are gone and nothing can be done to get them back. 

Other pools may not be finding blocks as often, but the blocks they find will actually pay you out and the payout will be bigger.  Whether the pool has 10 or 100 Mh, you will get the same amount of coins in the long run anyways.

Mining on that pool is a waste and everyone should move to another one.

You could try this one, only 3Mh on it now, but if everyone moves there from your pool, it will be the same.

http://pool.altcoin.center/

In the future, when you start seeing issues as you did, it is a good idea to compare the block your pool is on to the block explorer.  If they do not match, the pool has forked and you should stop mining there immediately.

BTW, what is the network hash reported on that pool ?  I am guessing it is the same as the pool hash as the pool seems to be finding every block on that fork.
1196  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][THC][1.7] The Hempcoin (THC) ✿ SLUGMONKEY Pool on: September 30, 2014, 03:14:48 PM
I have withdrawals confirmed on slugmonkey but they have not went into any of the two wallets I used addresses for. Is this because oof the fork? I emailed the pool admin but he hasn't replied. Any suggestions?
same

unfortunately if the pool has forked, then any coins mined since it forked are gone, nothing you can do to get them back.  I think it might have forked earlier in the weekend as someone else said above. 

If the admin is not responding, I suggest mining somewhere else.
1197  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ϟ The Tesla ϟ..OFFICIAL NOW ADDED TO COINWARZ! on: September 04, 2014, 06:51:38 PM
good day Teslacoinians.... hope all is well.

I just noticed I have a good amount of TES in my tiptes wallet.... I am feeling perky and will be raining some away shortly...

Come join the IRC and say hello.... at some point in the next couple hours I will rain TES to any active IRC'ers.

Cheers.



rain coming soon.... not many have joined, so those of you that do will get more !!!
1198  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ϟ The Tesla ϟ..OFFICIAL NOW ADDED TO COINWARZ! on: September 04, 2014, 03:02:58 PM
good day Teslacoinians.... hope all is well.

I just noticed I have a good amount of TES in my tiptes wallet.... I am feeling perky and will be raining some away shortly...

Come join the IRC and say hello.... at some point in the next couple hours I will rain TES to any active IRC'ers.

Cheers.

1199  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ϟ The Tesla ϟ..OFFICIAL NOW ADDED TO COINWARZ! on: September 02, 2014, 08:14:31 PM
Time to tweet no-stop to moolah on twitter and ask him on irc. go on irc #mintpal and ask moolah to add teslacoin to the list!  Wink

Been away for a while and come back to some good news and some bad news....

23 T-shirts sold... awesome, can't wait to get mine.. woot woot.

possible delisting from Mintpal... ahhhhh.... tweet/email/kick do whatever you can to these guys so they keep TES on Mintpal V2.

at the same time, maybe we should start pushing/asking to get added on Bittrex too.  lots of volume over there....

Here is the instruction on what to send them via email.  hitting them up on twitter/IRC wouldn't hurt either.

https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex

Two things in there would be nice to have (not sure if we do already) to give us an edge over any other new crap coins coming out :


    Proof of dev:  Contact cryptosian.com or coinssource.com to get rated
    Get your source code reviewed by a trusted member of the community
1200  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ϟ The Tesla ϟ..OFFICIAL NOW ADDED TO COINWARZ! on: September 02, 2014, 06:55:22 PM
Time to tweet no-stop to moolah on twitter and ask him on irc. go on irc #mintpal and ask moolah to add teslacoin to the list!  Wink

Been away for a while and come back to some good news and some bad news....

23 T-shirts sold... awesome, can't wait to get mine.. woot woot.

possible delisting from Mintpal... ahhhhh.... tweet/email/kick do whatever you can to these guys so they keep TES on Mintpal V2.
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