[ANN] Firo (FIRO) - Implementing ZKP privacy without trusted setup

[GreenPanda]

Is there are a reason why profatibility calculators are showing much greater profatibility than it actually is? I tried mining on my 4x1080ti rig and got 50-60% lower results than calculated.
I mined on mintpond and the official ZCoin pool.

I was having a slower hashrate too, I found out I needed a different release of ccminer that was optimized for the Lyra2z algo... Cant find from where I got the info but Im pretty sure the release Im using specialy for Zcoin is the one made by djm34 on Github (ccminer with Lyra2z algo).

[motienvolam]

Miners should spread Zcoin hashrates out to different pools in order to avoid 51% replay attacks due to dominant hashrates on one large pool

We are aware of about 20-30% hashrate on some unaccounted pools.

I am waiting for new products in the second quarter of 2018 (the end of the second quarter as you said). No need to be hurry to release products soon, because those products should be tested carefully before releasing to find and fix all bugs.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

[Boriss]

Is there are a reason why profatibility calculators are showing much greater profatibility than it actually is? I tried mining on my 4x1080ti rig and got 50-60% lower results than calculated.
I mined on mintpond and the official ZCoin pool.

How much hashrate do you get from 1080ti on your machine and how much does pool shows you?
Also are u using DJM34 for Lyra2z or something else?

[ju5tchi11in]

The Luck on MPH has just skyrocketed with no real correlation to the increased or decreased difficulty (total network hashrate.)

We will see what happens.


Last 4 weeks 113%
Last 7 days 122%
Last 24 hours 135%

It just keeps rising. Currently, it only shows 215Gh/s so it is not even that high.

[Altcner]

By the way, zcoin lyra2z mining became quite profitable for CPU mining, was getting  around 1 USD on an i7 -7700k
Switched my CPU miners from cryptonight to lyra2z for a while

[Bannedseller]

How does this coin compare to Zero or BTCZ or even Hush. Seems Zero, BTCZ and Hush are directs competitor with active devs with very small market cap that soon going to go up. It's not fud I'm just wondering. Also Zero or BTCZ or even Hush can be mining using GPU.

[ju5tchi11in]

How does this coin compare to Zero or BTCZ or even Hush. Seems Zero, BTCZ and Hush are directs competitor with active devs with very small market cap that soon going to go up. It's not fud I'm just wondering. Also Zero or BTCZ or even Hush can be mining using GPU.

They seem active. The project seems to be moving along towards the MTP algorithm which uses some memory to solve. XZC was up over half a billion market cap at the beginning of the year and was ranking higher than it is now in terms of market cap. Now its 70-75th mostly.

Devs. seem active and focused on making sure privacy and usability are at the forefront of the project.  In terms of trading its on the big exchanges so that is helpful.

BTCZ value turned to crap after trading was closed down right after the fork off ZCL and BTC and now only traded on KuCoin which severely limited its upside. 

[jackbox]

How does this coin compare to Zero or BTCZ or even Hush. Seems Zero, BTCZ and Hush are directs competitor with active devs with very small market cap that soon going to go up. It's not fud I'm just wondering. Also Zero or BTCZ or even Hush can be mining using GPU.

They seem active. The project seems to be moving along towards the MTP algorithm which uses some memory to solve. XZC was up over half a billion market cap at the beginning of the year and was ranking higher than it is now in terms of market cap. Now its 70-75th mostly.

Devs. seem active and focused on making sure privacy and usability are at the forefront of the project.  In terms of trading its on the big exchanges so that is helpful.

BTCZ value turned to crap after trading was closed down right after the fork off ZCL and BTC and now only traded on KuCoin which severely limited its upside. 

One of the main devs is from Thailand. XZC has quite an active community here. They hold public forums with visitors from other countries, etc. Both main exchanges here are behind it and pay ZNode rewards if you keep your coins on the exchanges.

[RbiggerG]

We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.

As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?

As I understood MTP requires large amount of RAM ~10 Gb. Miner activity will affect behavior of average computer much more and thus will reveal itself. As expected botnet performance will be reduced.

So every mining rig would need 12 GB or so of RAM to be able to continue mining ZCoin? That's a hefty additional expense, particularly with DDR4 systems.

That means it does not only successfully prevent botnets from mining, but also negatively impacts all the average miners who have good intentions?

[JozaXX]

Is there are a reason why profatibility calculators are showing much greater profatibility than it actually is? I tried mining on my 4x1080ti rig and got 50-60% lower results than calculated.
I mined on mintpond and the official ZCoin pool.

How much hashrate do you get from 1080ti on your machine and how much does pool shows you?
Also are u using DJM34 for Lyra2z or something else?

Around 3200 kh/s per card, so a total of 12800 kh/s. Yes, i'm using DJM34 for Lyra2z.
Mining pool hub reported on average around 6 mh/s, and mint pond reported around 12 mh/s.

[Boriss]

Around 3200 kh/s per card, so a total of 12800 kh/s. Yes, i'm using DJM34 for Lyra2z.
Mining pool hub reported on average around 6 mh/s, and mint pond reported around 12 mh/s.

3200KH/s with what settings on cards?

Also did you notice that profitability is better on MPH or Mintpond, I know that is hard to say if you don't have 2 same rigs mining at the same time on 2 different pools but still

[JozaXX]

Around 3200 kh/s per card, so a total of 12800 kh/s. Yes, i'm using DJM34 for Lyra2z.
Mining pool hub reported on average around 6 mh/s, and mint pond reported around 12 mh/s.

3200KH/s with what settings on cards?

Also did you notice that profitability is better on MPH or Mintpond, I know that is hard to say if you don't have 2 same rigs mining at the same time on 2 different pools but still

I'm using MSI afterburner, with these settings:
Power limit: 100
Clock: 3x+150, 1x+200
Memory clock: -300

Power consumption: 0.57 kw/h

MPH was showing less than half the hashrate we we're getting.
However, in 24 hours of tracking, we got very similiar results from both pool, around 0.13 coins.

Round est. showed 0.16 coins, but that value dropped to 0.13 after we shut the miner down.

[Ragnarokt]

How do you think is it normal value on MPH? Interesting percent of invalid shares

Round Shares Submitted shares since last found block (ie. round shares)
Est. Shares   442,919 (done: 118.06%)
Your Valid   183.9309
Your Invalid   8.0927 (4.21%)

[ju5tchi11in]

How do you think is it normal value on MPH? Interesting percent of invalid shares

Round Shares Submitted shares since last found block (ie. round shares)
Est. Shares   442,919 (done: 118.06%)
Your Valid   183.9309
Your Invalid   8.0927 (4.21%)

We are usually at 0% invalid shares on MPH

Est. Shares 444,541 (done: 563.19%)
Your Valid 824.1024
Your Invalid 0.0000 (0.00%)

At the moment, the last block found 60 minutes ago... extremely unlikely, although possible with the supposed 163.2Gh/s pool vs. 190.2 Gh/s network (85.8% of the network hashrate, supposedly.)

[ju5tchi11in]

Around 3200 kh/s per card, so a total of 12800 kh/s. Yes, i'm using DJM34 for Lyra2z.
Mining pool hub reported on average around 6 mh/s, and mint pond reported around 12 mh/s.

3200KH/s with what settings on cards?

Also did you notice that profitability is better on MPH or Mintpond, I know that is hard to say if you don't have 2 same rigs mining at the same time on 2 different pools but still

We were on MT before it froze up for a while, then swapped to SN but their support team dropped the ball for a week when the pool froze so we switched back to MPH. We were getting "higher profitability" with SN (not by much,) but the pool only had about 1.8-2.4Gh/s so took roughly 15+ hours on average to find a block. MPH reward per block is much lower but before this week averaging 4-5 blocks found per hour. At the moment 2-3 blocks per hour.  We find even though there is a pool fee etc. on MPH, the rewards are "more guaranteed/lower risk" if that makes sense. We end up losing less if one of the rigs goes down for a bit before we can get to it.

So for the moment MPH.

[Boriss]

What about cc miner 2.2, did anyone compared results against DJM34 on MPH?

I have tried some other Lyra2z Coins on other pools and with DJM34 I had lots of "Invalid Job ID" and after that I tried ccminer 2.2 and didn't get any Invalid jobs.

It seems strange because this invalid jobs should occur on pools sides when block is already found and it seems strange that after replacing miner i immediately become faster founder/sender.

 

[cryptozeal!]

I have had my eye on this coin for a while now but i didn't want to buy it. I think I need to start mining. Any advice from any miners out there, on the best way to start?

[jackbox]

I have had my eye on this coin for a while now but i didn't want to buy it. I think I need to start mining. Any advice from any miners out there, on the best way to start?

Buy mb, cpu, memory, gpus and start mining. That is all there is to it.

[cyberspacemonkey]

How does this coin compare to Zero or BTCZ or even Hush. Seems Zero, BTCZ and Hush are directs competitor with active devs with very small market cap that soon going to go up. It's not fud I'm just wondering. Also Zero or BTCZ or even Hush can be mining using GPU.

Isn't Hush like a messenger app? I think they're just a zcash clone. Zcoin uses Lyra2z algo and also has masternodes among many other technical features.

[kchulani]

I have been hodling onto this coin for quite sometime now. I really believe that Zcoin has the potential to become a really great privacy coin. Does anyone know if Zcoin is planning for any partnerships moving forward? I believe they have something going on with Bitdegree. is this true?