Bitcoin Forum
May 07, 2024, 06:03:43 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 »
1081  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin v2.0 Coin List on: September 22, 2011, 08:15:23 PM
My coins were either 1) on Coinotron, or 2) on Moonco.in....

1) So Coinotron, could you post whether you'll be allocating coins to us?


Of course I will allocate coins for every Coinotron's user as soon as I get them from CH automatic payment.
I have crosschecked Coinotron's addresses with this list and it looks like everything OK.
I had to check over 2000 addresses Smiley
1082  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 22, 2011, 08:06:22 PM
When do you expect Solid Coins to be mined again in your pool?  Is this CPU mining thing gonna actually start?
As soon as CoinHunter will launch SC 2.0. CPU mining will be of course available.
1083  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 21, 2011, 08:30:51 AM
edit: Ohh ya and increase the amount of time before I have to log in again. I don't want to refresh the page every minute but I will if I have to! j/k Tongue

I have increased session-timeout from 30 to 120 minutes. 
1084  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] Multi chain block explorer on: September 20, 2011, 03:56:23 PM
I've added links to your block explorer on page with solved blocks statistics in Coinotron.com
Everything works nice Smiley

Why there is no data in blockexplorer for i0coins blocks > 42789 ?
1085  Alternate cryptocurrencies / Altcoin Discussion / Re: [71 GH] COINOTRON, customizable AUTO-MINING, solidcoins, btc, nmc, i0c, ixc on: September 20, 2011, 03:51:22 PM
2011-09-20  New features:

1. Two new columns in statistics: number of shares and difficulty at the time when block has been solved
2. For NMC, IXC, I0C, SC added links to multichain block explorer http://blockexplorer.sytes.net/
3. Links to multichain block explorer from user payouts list.
4. Pool's performance improvements - miners idle warnings almost eliminated!

1086  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 17, 2011, 12:43:52 PM
Can you make your search case insensitive?

First link works fine. In second I changed last 'e' -> 'E' and your explorer can't find block.

http://blockexplorer.sytes.net/block/000000000005eb3ca6082db4d590cf961dd4ed1ece2c1c1303d2305ca92b027e
http://blockexplorer.sytes.net/block/000000000005eb3ca6082db4d590cf961dd4ed1ece2c1c1303d2305ca92b027E
1087  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 17, 2011, 10:55:44 AM
I have changed the domain name redirection, which I think it was what it was causing this behaviour on the Internet Toy Explorer.  Could you please check whether the problem persists or not?

Now IE toy works without any messages. Smiley
But what happened to i0c and ixc ?
1088  Alternate cryptocurrencies / Altcoin Discussion / Re: Why does auto-mining in Coinotron is more profitable than mining only BTC on: September 16, 2011, 10:40:08 PM
Your pool still compares very poorly against 'cheating' on proportional pools by hopping.
With a simple 43% switch script you can earn 30-50% of your expected value (according to Meni Rosenfeld possibly even more).

True. But 43% switch script compares very poorly against marihuana-growing. Wink  Lets compare apples to apples.


And as it is, 24/7 prop. miners apparently have no idea they're being ripped off since the hash rates never seem to go down on those pools,
so it's still a very viable earning method for those still looking to earn something from mining (if you are fine with indirect stealing)

In fact I don’t see a lot of hoppers activity in Coinotron. Maybe a little bit more hashpower at beginning of BTC round. Finding hoppers in i0c or icx subpools during 60 seconds rounds is quite difficult. But to be honest I didn't try.

1089  Alternate cryptocurrencies / Altcoin Discussion / Re: Why does auto-mining in Coinotron is more profitable than mining only BTC on: September 16, 2011, 07:17:55 PM

Remember that Deepbit has 10% fees on their PPS pool.  No one who cares about maximizing profit (i.e. the sort of person who would consider using coinotron auto) would use deepbit PPS these days.  If he had submitted those shares to any of the 0% fee PPS variant (SMPPS, etc) pools, he would have gained:  

Yes. But main goal of our calculations was not proving that deepbit rates are too high, but that dynamic switching to alternate coins when they are more profitable gives us more profit than conventional BTC mining


(62111 shares * 0.00002847 BTC) = 1.76878326 BTC

There goes your advantage.  Coinotron Auto-mode was only 2.7% better and only if you were Johnny-on-the-spot withdrawing and exchanging coins (which requires either some significant automation or staying away 24/7 to constantly process coins as they mature).

I don't want to investigate if 0.00002847 BTC per share is feasible ( How much risk must operator take to give such high price?, Does it include invalid blocks and stale shares? ) Lets assume that it is possible.
Coinotron's advantage doesn't go that easy. Smiley  Remember that our user had submitted 18425 BTC. We must apply to them your SMPPS rate. That gives us:
 
(18425 shares * 0.00002847 BTC) = 0.52455975.

And total for Coinotron auto-mining changes to 1.86882973 i.e. 5.7% gain.

We also proved that you don't have to constantly process coins as they mature. When you exchange them 6 hours after block is solved ( 2-3 hours after they are available ) you are loosing only 1.3 %

1090  Alternate cryptocurrencies / Altcoin Discussion / Why does auto-mining in Coinotron is more profitable than mining only BTC on: September 16, 2011, 10:50:30 AM
Over 3 weeks have passed since we implemented customizable auto-mining in Coinotron. We have gathered enough data to do some math. Obvious question was how much more profitable is auto-mining when we compare it to standard BTC mining.

First of all results: by using auto-mining you can gain 14% more coins than mining only BTC!

Now I will try to explain methodology.

Assumptions:
1.   We use real data based on work of real user connected do Coinotron pool between 2011-09-09 03:49:04 UTC and 2011-09-13 11:12:56 UTC.
2.   During that period all 3 user’s workers were set to auto-mining mode
3.   As a result user has mined for BTC, I0C and SC
4.   Because of 120 confirmations needed before withdrawal we assume that user has been withdrawing coins 2 hours after block was confirmed and exchanging them immediately at i0exchange.bitparking.com (i0coins) or btc-e.com (solidcoins).
5.   In order to mitigate factor of luck we will compare our results to results of hypothetical user connected to deepbit pool in PPS mode (0.00002563 BTC per share)

Calculations:

User submitted 18425 BTC shares, 12257 I0C shares and 31429 SC shares

If he had submitted those shares to deepbit he would gain: 1.59190493 BTC
(62111 shares*0.00002563BTC )

If he had used our auto-mining workers he would gain: 1.81650273 BTC
0.47223275 BTC for 18425 BTC shares * 0.00002563BTC
0.33642704 BTC for 12257 I0C shares
1.00784295 BTC for 31429 SC shares

1.81650273 BTC / 1.59190493 BTC = 1.141

We where interested how delaying in time i0coins and solidcoins exchange to BTC will affect results:

Delay      Profit compared to deepbit PPS

0 hours = 1.145  ( theoretically )
2 hours = 1.141
4 hours = 1.140
6 hours = 1.132
8 hours = 1.126
10 hours = 1.131
24 hours = 1.053 ( not bad )

So it is clear that there is no need to rush to exchange with every alternate coin received from pool Smiley
1091  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 15, 2011, 09:58:49 PM
Site is cool. I would like to add links from coinotron blocks to your site, but there is still a lot of users using IE (40%). I don't want to explain everyone what browser should he use or that there is no danger. Could you look into this strange IE behavior ?

What file is your toy browser trying to download?  I can't check it out myself, since I don't own any WinSlow computer.  And, by the way, people shouldn't be using that to handle money, should they?   Grin

Still it is 40% of the market. You cannot deny its existence regardless you like it or not Smiley
Below is content of dialog box which pops up when I accept download:

"Do you want to save that file or find online program to open it"

File name: 150_214_61_49
Type: Unknown file type
From: 150.214.61.49

Find, Save, Cancel

I have no idea what does it mean :|
1092  Alternate cryptocurrencies / Altcoin Discussion / Re: Difficulty estimation website up for all forks. on: September 15, 2011, 09:41:52 PM
Cool cool, glad it gets some use.  Do you have any suggestions for more info you would like to see?   I am thinking about adding total chain speed over the last "n" blocks instead of the current which is the total speed for the cycle.

I'm totally happy with current version Smiley
PS
I know. Charts. I can't find good charts for alternate coins. And for bitcoin as well.
Here is my favorite tool (you must instal java) ISPAG
http://www.wdsoftware.com/free-stock-charts.php
1093  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 15, 2011, 08:40:08 PM
[Yes, but when I try to open link, IE blocks site from downloading files. What files need to be downloades from blockexplorer.sytes.net ?

None.  Use a real browser.    Smiley
Hehe real browser didn't say anything. Smiley
Site is cool. I would like to add links from coinotron blocks to your site, but there is still a lot of users using IE (40%). I don't want to explain everyone what browser should he use or that there is no danger. Could you look into this strange IE behavior ?
 
1094  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 15, 2011, 08:23:19 PM
ixcoin on fire.  Someone put a lot of miners there 15 blocks to 20160.

Ready, get set .....
1095  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 15, 2011, 07:15:09 PM
where i can find working blockexplorer for solidcoins  ?

http://blockexplorer.sytes.net/

Yes, but when I try to open link, IE blocks site from downloading files. What files need to be downloades from blockexplorer.sytes.net ?
1096  Alternate cryptocurrencies / Altcoin Discussion / Re: Difficulty estimation website up for all forks. on: September 15, 2011, 12:14:06 PM
Great site!

I'm visiting it 50 times a day Smiley

Instead of donation I've added link to your page at main info area in Coinotroin.com.
1097  Alternate cryptocurrencies / Altcoin Discussion / Re: [150 GH] COINOTRON, customizable AUTO-MINING, solidcoins, btc, nmc, i0c, ixc on: September 14, 2011, 07:11:29 AM
How do I get my username of the "statistics" page?

It's easy for hackers if they know at least a username and compare it to a list of passwords (stolen from forums, mtgox, etc).

Disable button (BTCmine does have this) would be nice.

It is on to-do list. I just waited for first complaing person. And voila Smiley
Will be done.



Maybe a nickname and an accountname, so you can still show up in the stats with your nickname without showing your accountname.
Would be safer and still be fun Tongue

It will be confusing for majority of users. I'm registered in email service where you have your email name-address and also a nickname. I never know what should I use when I'm signing in.
1098  Alternate cryptocurrencies / Altcoin Discussion / Re: [150 GH] COINOTRON, customizable AUTO-MINING, solidcoins, btc, nmc, i0c, ixc on: September 13, 2011, 10:16:05 PM
How do I get my username of the "statistics" page?

It's easy for hackers if they know at least a username and compare it to a list of passwords (stolen from forums, mtgox, etc).

Disable button (BTCmine does have this) would be nice.

It is on to-do list. I just waited for first complaing person. And voila Smiley
Will be done.

1099  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinotron - Automated switching to the most profitable currency on: September 13, 2011, 08:35:13 AM
2011-09-13  New features added.

1. New improved version of AUTO worker is available. Now you can choose what coins can be mined using this kind of worker!  For example if you want to enable automated mining only on SC and BTC :
- go to “My account” page
- set checkboxes in column “Auto” for BTC and SC
- deselect other coins
- click “Save” button

2. Realtime calculated hash speed of workers

3. Performance improvements.
1100  Alternate cryptocurrencies / Altcoin Discussion / Re: [150 G] COINOTRON, solidcoins,btc,nmc,i0c,ixc, AUTO mine most profitable coin on: September 13, 2011, 08:34:27 AM
2011-09-13  New features added.

1. New improved version of AUTO worker is available. Now you can choose what coins can be mined using this kind of worker!  For example if you want to enable automated mining only on SC and BTC :
- go to “My account” page
- set checkboxes in column “Auto” for BTC and SC
- deselect other coins
- click “Save” button

2. Realtime calculated hash speed of workers

3. Performance improvements.
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!