[ANN] Ħ [HODL] No Staking, 1% Standard Interest per Day, 750% APR For HOdlers

[ReturnBits]

HODL? Looks like its time to sell.

[BusyBeee]

optminer pool now taking care of 28kh/s of 48kh/s total network...

any comment?

Yep, pool will quickly push the network hashrate. At some point, optiminer pool accounts for 75% of network hashrate, pushing the difficulty beyond 0.002.  Before optiminer pool came online, the net hashrate was under 20k h/s, and difficulty was hovering about 0.0007.

Now, I am not saying that optiminer pool is bad or anything. I simply say that pool, in general, will significantly increase the net hashrate and difficulty, period.

[felixbrucker]

a pool does not increase hashrate, more and/or better optimized miners do

[Fishmaster42]

no exchange? c-cex is de-listing!

>if their average daily trading volume for last 30 days will not exceed 0.2 BTC.

Actually I think we're exceeding that every day on c-cex.

I myself have bought over that amount in the last three days we should be good, for a month or two anyway.  Fish

[Woody20285]

no exchange? c-cex is de-listing!

>if their average daily trading volume for last 30 days will not exceed 0.2 BTC.

Actually I think we're exceeding that every day on c-cex.

I myself have bought over that amount in the last three days we should be good, for a month or two anyway.  Fish

30 days x .2 = 6 BTC volume total in past 30 days prior to delisting date

[optiminer]

This has been a very eventful first day for the officially launched hodl.optiminer.pl!

• Pool hash rate increased from 2k to 25k hash/s!
• As a consequence of the high hash rate I have increased the pool difficulty from 16 to 32.
• The high rate of found blocks triggered some bugs in the still young code:
  
  • A race condition between submitting a found block and updating the balance caused a double payout to a miner. The lucky miner that got the double payout ended up with a negative balance resulting in a loss to the pool. The code has been fixed to prevent this and the loss will be covered by the pool fee.
  • The pool got its first orphaned blocks. The code did not correctly transfer the balance back from pending payout to earned for these orphaned blocks. This has been fixed, the balance of affected miners has been corrected and been payed out since.
  • Somebody decided to mine to the pool address what the code did not expect. This caused the pool address to show up as miner with negative balance. Thanks for mining to the pool address effectively donating to it!
• The large number of miners made the main status page of the pool confusing. It has been changed to only show the active miners and a search bar was added where you can also find the balance of inactive mining addresses.
• The pool has been fully moved from the development machine to the dedicated server now.

Optiminer HOdl pool officially launched! 

Grab a copy of the optimized hodlminer and point it to: -o stratum+tcp://hodl.optiminer.pl:5555 -u HODLADDR -p x

Pool Info
- Dashboard: http://hodl.optiminer.pl
- PPLNS
- 1% fee
- 25 blocks confirmation required
- stratum only
- locked payout ("hodlout") when your balance reaches 50 hodls

Fixed during testing phase:
- Invalid balance after server restart.
- Improved dashboards.

There are still many improvements to the dashboard that I would like to make but I think it is working good enough to work with it already.

Please stop mining to the old address, I will shut down that possibility in the next days.

[optiminer]

I think there are good points all round.

It does help the coin to have a higher hash rate - less possibility of a 51% attack.

It also helps the coin to have more solo miners - wider distribution, less centralization.

It also helps the coin when solo mining is competitive - easier to onboard new and novice users as miners.

I think the balance has swung a bit too far towards pool mining now - however it won't be as pronounced as before, as miners are required to HODL for 1 year so only miners who believe in the coin and are making an invesment will mine for now.

To redress the balance, I do think we need to integrate optiminer's enhancements into the wallet miner, to make solo-mining competitive again. If we don't do this, I think we'll see most of the hashing power on a single pool soon, and this give us a central point of failure - not good for anyone.

The central point of failure is certainly a valid concern. It would certainly be good to have more than one mining pool. I hope once the coin gains in value other mining pools will (re-)open for the coin. I will not publish the source of my pool as I might want to reuse the code for other things. I will think about setting up a second instance of my pool, though, which will be completely independent from the first. Integrating the optimized mining code into the wallet is something I can look into when I have spare time.

I am more concerned about the single platform that HODL is still traded on than the centralization of mining. Especially as c-cex is threatening to also de-list it. I hope we can avert this. I opened a ticket at yobit to request that they update the hodl wallet and reenable withdrawals and deposits. I suggest everyone with an account there does the same to put on some pressure.

Happy HOdling! 

[Fuzzbawls]

This has been a very eventful first day for the officially launched hodl.optiminer.pl!

• Pool hash rate increased from 2k to 25k hash/s!
• As a consequence of the high hash rate I have increased the pool difficulty from 16 to 32.
• The high rate of found blocks triggered some bugs in the still young code:
  
  • A race condition between submitting a found block and updating the balance caused a double payout to a miner. The lucky miner that got the double payout ended up with a negative balance resulting in a loss to the pool. The code has been fixed to prevent this and the loss will be covered by the pool fee.
  • The pool got its first orphaned blocks. The code did not correctly transfer the balance back from pending payout to earned for these orphaned blocks. This has been fixed, the balance of affected miners has been corrected and been payed out since.
  • Somebody decided to mine to the pool address what the code did not expect. This caused the pool address to show up as miner with negative balance. Thanks for mining to the pool address effectively donating to it!
• The large number of miners made the main status page of the pool confusing. It has been changed to only show the active miners and a search bar was added where you can also find the balance of inactive mining addresses.
• The pool has been fully moved from the development machine to the dedicated server now.

Optiminer HOdl pool officially launched! 

Grab a copy of the optimized hodlminer and point it to: -o stratum+tcp://hodl.optiminer.pl:5555 -u HODLADDR -p x

Pool Info
- Dashboard: http://hodl.optiminer.pl
- PPLNS
- 1% fee
- 25 blocks confirmation required
- stratum only
- locked payout ("hodlout") when your balance reaches 50 hodls

Fixed during testing phase:
- Invalid balance after server restart.
- Improved dashboards.

There are still many improvements to the dashboard that I would like to make but I think it is working good enough to work with it already.

Please stop mining to the old address, I will shut down that possibility in the next days.

I would just like to commend optiminer for his dedication and out-of-the-box thinking in regards to the HODL fork changes. While the new requirement of mined blocks needing to be locked away for 1 year is certainly controversial and has resulted in a technical hurdle for pools, optiminer has pushed past it and developed his own pool to accommodate the new requirements in a unique (and IMHO, fair) way. This, to me, is the very definition of "forward development"! For better or worse, a challenge was presented that required him to "break the mold" as it were.

This isn't saying that current pool solutions are "bad", not at all. In fact, the current popular pool softwares have seen many development breakthroughs over the course of their time stemming from changing/evolving algorithms and their unique properties/requirements, and I have no doubt that they will continue to do so.

[BBoBB]

This has been a very eventful first day for the officially launched hodl.optiminer.pl!

• Pool hash rate increased from 2k to 25k hash/s!
• As a consequence of the high hash rate I have increased the pool difficulty from 16 to 32.
• The high rate of found blocks triggered some bugs in the still young code:
  
  • A race condition between submitting a found block and updating the balance caused a double payout to a miner. The lucky miner that got the double payout ended up with a negative balance resulting in a loss to the pool. The code has been fixed to prevent this and the loss will be covered by the pool fee.
  • The pool got its first orphaned blocks. The code did not correctly transfer the balance back from pending payout to earned for these orphaned blocks. This has been fixed, the balance of affected miners has been corrected and been payed out since.
  • Somebody decided to mine to the pool address what the code did not expect. This caused the pool address to show up as miner with negative balance. Thanks for mining to the pool address effectively donating to it!
• The large number of miners made the main status page of the pool confusing. It has been changed to only show the active miners and a search bar was added where you can also find the balance of inactive mining addresses.
• The pool has been fully moved from the development machine to the dedicated server now.

Optiminer HOdl pool officially launched! 

Grab a copy of the optimized hodlminer and point it to: -o stratum+tcp://hodl.optiminer.pl:5555 -u HODLADDR -p x

Pool Info
- Dashboard: http://hodl.optiminer.pl
- PPLNS
- 1% fee
- 25 blocks confirmation required
- stratum only
- locked payout ("hodlout") when your balance reaches 50 hodls

Fixed during testing phase:
- Invalid balance after server restart.
- Improved dashboards.

There are still many improvements to the dashboard that I would like to make but I think it is working good enough to work with it already.

Please stop mining to the old address, I will shut down that possibility in the next days.

I think i'm one of the double paid miners as i saw my balance negative and pending 100 or something like that..
I should have some hodled coins released in a few days and would be happy to send you the 50 extra i got.. please PM me your hodl address..

thanks 

[optiminer]

I think i'm one of the double paid miners as i saw my balance negative and pending 100 or something like that..
I should have some hodled coins released in a few days and would be happy to send you the 50 extra i got.. please PM me your hodl address..

thanks 

Thanks for the offer but not needed. Just think of it as a lucky bonus for early adoption of the pool. To be able to cover such things is exactly why I added a small pool fee of 1%.

[BBoBB]

I think i'm one of the double paid miners as i saw my balance negative and pending 100 or something like that..
I should have some hodled coins released in a few days and would be happy to send you the 50 extra i got.. please PM me your hodl address..

thanks 

Thanks for the offer but not needed. Just think of it as a lucky bonus for early adoption of the pool. To be able to cover such things is exactly why I added a small pool fee of 1%.

Thanks but as far as i'm concerned... I owe you a Beer now.. and another next year
Cheers

[c00p3r]

"getblocktemplate" in console window gives me the error

Code:

CreateNewBlock(): TestBlockValidity failed (code -1)

because of it hodlminer doesn't work in solo

[optiminer]

"getblocktemplate" in console window gives me the error

Code:

CreateNewBlock(): TestBlockValidity failed (code -1)

because of it hodlminer doesn't work in solo

This is issue #67 https://github.com/HOdlcoin/HOdlcoin/issues/67 has been fixed on github.

[Quartx]

Why is HODL labelled as to be delisted in C-CEX

[truckythin]

Pool Hash Rate: 38881.6h/s
Network H/s: 38,209

wow!

[agente]

We have to go on poloniex! come on

[BusyBeee]

a pool does not increase hashrate, more and/or better optimized miners do

Pool definitely increases hashrate; it does so quickly and significantly. Optimized miners help add fuel to the fire, dramatically increase the overall hashrate and difficulty. 

Case in point.........

optminer pool now taking care of 28kh/s of 48kh/s total network...

any comment?

Pool Hash Rate: 38881.6h/s
Network H/s: 38,209

wow!

Even without ~2x the new optimized miner gives, the current pool hashrate still account for more than 50% of network hashrate.  In short, pool does increase overall hashrate quickly and significantly with or without optimized miner.

[Fishmaster42]

Hello all,

Woow just by using the benchmark mode my 4790k goes to almost 430H/s
I wanted to try the pool but it does not look online

I don't suppose this is usable for wallet or solo mining?

I'll put up a bounty of 20,000 HODL to get this miner integrated into the wallet for solo mining. Anyone interested in working on this?

Bump, anyone

[optiminer]

Hello all,

Woow just by using the benchmark mode my 4790k goes to almost 430H/s
I wanted to try the pool but it does not look online

I don't suppose this is usable for wallet or solo mining?

I'll put up a bounty of 20,000 HODL to get this miner integrated into the wallet for solo mining. Anyone interested in working on this?

Bump, anyone

I'll do it for the 20000 hodls. Already got a proof-of-concept, just need to change it to enable it dynamically based on CPU features.

[Fishmaster42]

Hello all,

Woow just by using the benchmark mode my 4790k goes to almost 430H/s
I wanted to try the pool but it does not look online

I don't suppose this is usable for wallet or solo mining?

I'll put up a bounty of 20,000 HODL to get this miner integrated into the wallet for solo mining. Anyone interested in working on this?

Bump, anyone

I'll do it for the 20000 hodls. Already got a proof-of-concept, just need to change it to enable it dynamically based on CPU features.

sweet love it. will bring more people in. cant wait. Fish