cyclops
Legendary
Offline
Activity: 1162
Merit: 1001
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September 08, 2013, 02:26:42 PM |
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Hi, few days ago I requested a NVC withdrawal but till now it still show as "Requested". My pool name is "Pkeynote"
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raveneye
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September 08, 2013, 05:00:57 PM |
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Also, DGC has a mandatory update: https://bitcointalk.org/index.php?topic=289818.0They are hard-forking at block 476,280 (currently on block 418,821). It will be about around the end of the month. They are changing their retarget logic to limit the difficulty adjustments to deal with prof hopping. I will dig into their code tomorrow to see exactly what they are doing. From his post, it sounds like he's taken the FTC algo and tweaked the numbers a bit. I predict this will have approximately zero effect on our ability to profit from DGC. Looking at the code, it looks like the laziest attempt to fight coin-hopping so far. They haven't changed the block reward, the target block time, or the retarget interval. They only changed the maximum swing from 25%/400% to 50%/200%. The overall impact will be that profitability will not swing as much, but will likely swing more often. Currently, it bounces between the 1.8-3.2 range for 15 hours and the 5.5-12.5 range for 2 hours. I suspect this will become more like the 2.4-3.2 range for 10 hours and the 4.8-6.4 range for 3 hours. All told, I expect we will end up spending more time mining it at a lower profitability, but will get to mine it more frequently. As far as the goal of making it resistant to coin-hopping, I would rate this change around a D-. It will still leave this coin as one of the worst with LKY and ARG (although ARG is about to get the same update it seems).
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flound1129 (OP)
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September 08, 2013, 05:19:15 PM |
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Also, DGC has a mandatory update: https://bitcointalk.org/index.php?topic=289818.0They are hard-forking at block 476,280 (currently on block 418,821). It will be about around the end of the month. They are changing their retarget logic to limit the difficulty adjustments to deal with prof hopping. I will dig into their code tomorrow to see exactly what they are doing. From his post, it sounds like he's taken the FTC algo and tweaked the numbers a bit. I predict this will have approximately zero effect on our ability to profit from DGC. Looking at the code, it looks like the laziest attempt to fight coin-hopping so far. They haven't changed the block reward, the target block time, or the retarget interval. They only changed the maximum swing from 25%/400% to 50%/200%. The overall impact will be that profitability will not swing as much, but will likely swing more often. Currently, it bounces between the 1.8-3.2 range for 15 hours and the 5.5-12.5 range for 2 hours. I suspect this will become more like the 2.4-3.2 range for 10 hours and the 4.8-6.4 range for 3 hours. All told, I expect we will end up spending more time mining it at a lower profitability, but will get to mine it more frequently. As far as the goal of making it resistant to coin-hopping, I would rate this change around a D-. It will still leave this coin as one of the worst with LKY and ARG (although ARG is about to get the same update it seems). About what I expected.. Did you see any other changes?
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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captainfuture
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September 08, 2013, 05:32:26 PM |
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any news for ltc? will u forward it to another pool?
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flound1129 (OP)
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September 08, 2013, 11:02:30 PM |
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any news for ltc? will u forward it to another pool?
I'm looking at how I can do that and still capture the shares.. stay tuned.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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raveneye
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September 09, 2013, 12:30:35 AM |
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Looking at the code, it looks like the laziest attempt to fight coin-hopping so far. They haven't changed the block reward, the target block time, or the retarget interval. They only changed the maximum swing from 25%/400% to 50%/200%.
The overall impact will be that profitability will not swing as much, but will likely swing more often. Currently, it bounces between the 1.8-3.2 range for 15 hours and the 5.5-12.5 range for 2 hours. I suspect this will become more like the 2.4-3.2 range for 10 hours and the 4.8-6.4 range for 3 hours. All told, I expect we will end up spending more time mining it at a lower profitability, but will get to mine it more frequently.
As far as the goal of making it resistant to coin-hopping, I would rate this change around a D-. It will still leave this coin as one of the worst with LKY and ARG (although ARG is about to get the same update it seems).
About what I expected.. Did you see any other changes? Not anything that would affect Multi-pool. Block reward is still 20 (halving every 3 years) Target is still 20 seconds. Retarget is still every 1080 blocks (about 6 hours).
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gog1
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September 09, 2013, 04:37:51 PM |
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I think the profitability calculation for CGB is incorrect. The reward for CGB is now only 2.5 / block. Wheretomine.com reports only about half the profitability as the pool.
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murraypaul
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September 09, 2013, 05:19:43 PM |
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As an alternative to letting each user specify which coins they want to mine as part of the multipool, which sounds very complex, how about a separate port for a "fast coins only" multipool, which would exclude LTC, NVC and maybe FTC?
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BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
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cyclops
Legendary
Offline
Activity: 1162
Merit: 1001
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September 09, 2013, 05:23:52 PM |
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withdrawal problem solved quickly! Awesome pool and OP!
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Jriker1
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September 09, 2013, 11:40:09 PM |
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Moving in today after a rocky relationship with middlecoin. Shame after creating ipad friendly sites and filtered web stuff for the group. Anyway. Heard people auto paying out to Cryptsy and then auto selling. Think its brilliant so gives me what middlecoin did internally. Any thoughts on good payout amounts to go with? Are people cashing out when they get one coin of any currency? Except maybe nova due to the additional fee?
Thanks.
JR
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flound1129 (OP)
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September 09, 2013, 11:43:23 PM |
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Moving in today after a rocky relationship with middlecoin. Shame after creating ipad friendly sites and filtered web stuff for the group. Anyway. Heard people auto paying out to Cryptsy and then auto selling. Think its brilliant so gives me what middlecoin did internally. Any thoughts on good payout amounts to go with? Are people cashing out when they get one coin of any currency? Except maybe nova due to the additional fee?
Thanks.
JR
I use 5 for the harder coins, 10 for the easier ones.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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Jriker1
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September 09, 2013, 11:46:14 PM |
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Moving in today after a rocky relationship with middlecoin. Shame after creating ipad friendly sites and filtered web stuff for the group. Anyway. Heard people auto paying out to Cryptsy and then auto selling. Think its brilliant so gives me what middlecoin did internally. Any thoughts on good payout amounts to go with? Are people cashing out when they get one coin of any currency? Except maybe nova due to the additional fee?
Thanks.
JR
I use 5 for the harder coins, 10 for the easier ones. Thanks. So assuming your hash power is higher than mine (I have 4 MH/s) do those numbers still sound right to you?
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flound1129 (OP)
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September 09, 2013, 11:56:50 PM |
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Moving in today after a rocky relationship with middlecoin. Shame after creating ipad friendly sites and filtered web stuff for the group. Anyway. Heard people auto paying out to Cryptsy and then auto selling. Think its brilliant so gives me what middlecoin did internally. Any thoughts on good payout amounts to go with? Are people cashing out when they get one coin of any currency? Except maybe nova due to the additional fee?
Thanks.
JR
I use 5 for the harder coins, 10 for the easier ones. Thanks. So assuming your hash power is higher than mine (I have 4 MH/s) do those numbers still sound right to you? I only have around 1350 KH dedicated. (I don't mine on my third 7970 normally unless I'm testing something). You could probably go with about 3x those values.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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xreichardx
Newbie
Offline
Activity: 47
Merit: 0
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September 10, 2013, 02:03:11 AM |
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I use 5 for the harder coins, 10 for the easier ones.
By harder, you mean higher difficulty, right? I've got cryptsy all set up in my anticipated move to this pool, but had gotten stuck what/when to do on the payouts.
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flound1129 (OP)
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September 10, 2013, 04:32:02 AM |
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I use 5 for the harder coins, 10 for the easier ones.
By harder, you mean higher difficulty, right? Yes that's correct.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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TheQuin
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September 10, 2013, 04:41:01 AM |
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None of my CAP is going into confirmed. It shows up in the 24hr snapshot but not in my account.
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flound1129 (OP)
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September 10, 2013, 05:14:02 AM |
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None of my CAP is going into confirmed. It shows up in the 24hr snapshot but not in my account.
What's your username?
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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TheQuin
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September 10, 2013, 05:24:19 AM |
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None of my CAP is going into confirmed. It shows up in the 24hr snapshot but not in my account.
What's your username? qminer
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flound1129 (OP)
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September 10, 2013, 06:09:01 AM |
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None of my CAP is going into confirmed. It shows up in the 24hr snapshot but not in my account.
What's your username? qminer should be fixed now.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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TheQuin
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September 10, 2013, 06:36:25 AM |
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None of my CAP is going into confirmed. It shows up in the 24hr snapshot but not in my account.
What's your username? qminer should be fixed now. Yup that's good. Thanks Flound.
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