LucasJones
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April 03, 2013, 06:19:31 PM |
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I was solo mining overnight and have 11 accepted shares, but hours later I haven't received anything? I've been using GUI miner.
When you solo mine there is no definite reward, at least for a while. Solo Mining differs from Pool Mining in that you are trying to generate a block on your own, so instead of being paid for each share you generate (As in Pool Mining - Generally the reward of a block is split up between many miners based on the amount of shares they have submitted), you are only paid when you generate a valid block, and the difficulty has risen a lot since yesterday on the bytecoin network, so this would be quite a feat without a lot of hashing power (e.g. a few GH/s). TL;DR You would probably be better off pool mining (If you don't have vast amounts of hashing power)
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Tip jars: BTC 1DmCj5fVACDoAZHy5PeKs274xvuwpZ42RM
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FortPotato
Newbie
Offline
Activity: 40
Merit: 0
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April 03, 2013, 06:25:54 PM |
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I was solo mining overnight and have 11 accepted shares, but hours later I haven't received anything? I've been using GUI miner.
When you solo mine there is no definite reward, at least for a while. Solo Mining differs from Pool Mining in that you are trying to generate a block on your own, so instead of being paid for each share you generate (As in Pool Mining - Generally the reward of a block is split up between many miners based on the amount of shares they have submitted), you are only paid when you generate a valid block, and the difficulty has risen a lot since yesterday on the bytecoin network, so this would be quite a feat without a lot of hashing power (e.g. a few GH/s). TL;DR You would probably be better off pool mining (If you don't have vast amounts of hashing power) Ok, thanks. This is my first time mining without a pool, and I didn't expect shares to be accepted unless they were new blocks. I'll probably just keep solo mining then until a reliable pool pops up.
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master-P
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April 03, 2013, 06:37:28 PM |
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I would bid, but I only have 11 BTE on my personal account EDIT: It now seems that someone has put my personal address into the faucet, so I not have 11.1 BTE I'm going to add a filter to block my addresses from being paid, as the faucet isn't to make me bytecoins That was me testing to see if the faucet really works
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maxmint
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April 03, 2013, 07:13:30 PM |
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Wow, those are bills with style!
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LucasJones
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April 03, 2013, 07:44:35 PM |
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Yeah, I saw those a while ago too It's not the same currency though, that was meant to be a completely physical currency, although afiler does compare them to bitcoins
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Tip jars: BTC 1DmCj5fVACDoAZHy5PeKs274xvuwpZ42RM
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LucasJones
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April 03, 2013, 07:55:40 PM |
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Just finished a batch of 51 faucet transactions, you will be receiving your free bytecoins soon! I really need to work on a new payment system, I had to send all of those transactions by hand -.-
EDIT: I've sent to over 207 separate addresses so far, all by hand :/
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Tip jars: BTC 1DmCj5fVACDoAZHy5PeKs274xvuwpZ42RM
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ingrownpocket
Legendary
Offline
Activity: 952
Merit: 1000
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April 03, 2013, 07:59:48 PM |
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With 290 Mhash/s, should I solo or pool mine?
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LucasJones
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April 03, 2013, 08:09:04 PM Last edit: April 03, 2013, 08:40:49 PM by LucasJones |
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With 290 Mhash/s, should I solo or pool mine?
Well, it would probably take about 4~5 hours on average to generate a block solo mining if the difficulty stays the same, if you want to stay on the safer side you should probably pool mine. I can't really say what would be better for you, neither is definitely more profitable, a pool generally gives you a much more reliable payout, but finding a block makes you feel like you've struck gold I would probably recommend mining in a pool, just because it's more reliable, but if you feel like solo mining, or doing both, it can sometimes be more profitable, it's your call
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Tip jars: BTC 1DmCj5fVACDoAZHy5PeKs274xvuwpZ42RM
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Mogumodz
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April 03, 2013, 08:10:23 PM |
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Try solo mining for 24 hours then just Pool mine, I was getting blocks every few seconds when the coin launched Now every few hours. Nearly have 10,000 of these things, I shall put the wallet somewhere safe and forget about it till the coin dies or makes money.
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legend
Newbie
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Activity: 56
Merit: 0
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April 03, 2013, 09:08:36 PM |
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I've tried this and it seems quite nice
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frga13
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April 03, 2013, 09:36:33 PM |
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Will give BTC-E CODE with 0.057 BTC for 570 BTE
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legend
Newbie
Offline
Activity: 56
Merit: 0
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April 03, 2013, 10:00:40 PM |
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I'm buying BTE FOR LTC, I HAVE TWO LTC. POST OR PM ME YOUR OFFERS. I will not go first unless you have 150+ posts or I deem you "trusted". Thanks.
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FJBourne
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April 03, 2013, 10:43:57 PM |
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Want to buy 10,000 BYTECoins. Willing to pay 1 Bitcoin or equivalent in TRC or PPC. pm me
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BTE- 8UvdysHU3HugiAGSWDn9hTvEbCe1kJmkZ5
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Gerco
Member
Offline
Activity: 73
Merit: 10
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April 03, 2013, 10:53:23 PM |
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If anyone wants to run their own pool node, here is the source code: https://github.com/gerco/p2poolThe p2p aspects of this code have been largely disabled in the network definition so you'll have to provide seed servers and/or an irc # for the nodes to find each other. I didn't bother to do either so my pool doesn't participate in a network until someone sets that up
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OTC: gercod | Tip jar: 1KNxsZNsGf8RXbnjtiJN84kYVejSeK4bD8 | GPG Key: 8DA261EC572065FD
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Mogumodz
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April 03, 2013, 10:55:31 PM |
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If anyone wants to run their own pool node, here is the source code: https://github.com/gerco/p2poolThe p2p aspects of this code have been largely disabled in the network definition so you'll have to provide seed servers and/or an irc # for the nodes to find each other. I didn't bother to do either so my pool doesn't participate in a network until someone sets that up Thanks Gerco
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LucasJones
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April 03, 2013, 11:19:10 PM |
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If anyone wants to run their own pool node, here is the source code: https://github.com/gerco/p2poolThe p2p aspects of this code have been largely disabled in the network definition so you'll have to provide seed servers and/or an irc # for the nodes to find each other. I didn't bother to do either so my pool doesn't participate in a network until someone sets that up Thanks, I was thinking of creating a mining pool which supports the Bytecoin Faucet
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Tip jars: BTC 1DmCj5fVACDoAZHy5PeKs274xvuwpZ42RM
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tiker
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April 04, 2013, 12:30:03 AM |
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I'm giving it ago... 8M5fgs2HsMMdiKiyEvXfcbXDTNxBkNHxCM
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LucasJones
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April 04, 2013, 01:29:38 AM |
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Created a P2Pool (modified by Gerco) mining server for the faucet 5% fee on pool, half of it goes to the faucet's funds. http://bytecoin.us.to:6327Username: Payout Address Password: 1
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Tip jars: BTC 1DmCj5fVACDoAZHy5PeKs274xvuwpZ42RM
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