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Author Topic: [WDC] Worldcoin | 0.17.1 Released! | AuxPoW w/ LWMA diff algorithm. Resync Req.  (Read 442053 times)
riku2015
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May 21, 2013, 12:01:22 AM
 #1421

Just saw Worldcoin is @ 442% profitability on http://www.coinwarz.com/cryptocurrency - Not too bad for a coin only 6 days old.

Now @ 603% profit  Grin

It leveled a bit off, recently.  Fun to watch the 12 hour chart for these new alt coins!

Coinchoose is still reporting a WDC difficulty of 5.14, gee they often have stale data, especially TRC.



source: https://bitcointalk.org/index.php?topic=152515.msg2216943#msg2216943
Quote
what source are you using for Worldcoin difficulty?

Using the Worldcoin block explorer that was presented earlier.  Right now switching to local as that one is broken.
   
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Foamy
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May 21, 2013, 12:18:49 AM
 #1422

network hashrate at 2.75 Gh/s, everyone jumps in

Where you getting the hash rate from?

go to the wallet
click help
click debug menu
click console tab
type "getnetworkhashps" without "" quotes.
hit enter.
Profit??
JohnyBigs
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May 21, 2013, 12:40:16 AM
 #1423

network hashrate at 2.75 Gh/s, everyone jumps in

Where you getting the hash rate from?

go to the wallet
click help
click debug menu
click console tab
type "getnetworkhashps" without "" quotes.
hit enter.
Profit??

thanks for this i just kept using pools haha
thisnewcoin
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May 21, 2013, 01:04:12 AM
 #1424

hash rate at 3.46Gh/s, many people jumped on bandwagon probably because of the profitability.

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erk
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May 21, 2013, 01:18:00 AM
 #1425

hash rate at 3.46Gh/s, many people jumped on bandwagon probably because of the profitability.
Absolutely for sure, but we knew it was going to happen the second WDC got listed on an exchange so the profitability comparison sites could finally publish a figure for it.

What I am looking forward to seeing is when the difficulty gets over 100 and people start to churn mining something new and shiny, how the WDC difficulty reset handles the drop in hash rate. Do we end up with another FTC/CNC basket case, or does WDC handle it gracefully?

crypt0maniac
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May 21, 2013, 01:25:54 AM
 #1426

exactly that's what I'm afraid of...
pizza
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May 21, 2013, 01:29:03 AM
 #1427

exactly that's what I'm afraid of...

I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who.
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May 21, 2013, 01:30:47 AM
 #1428

hash rate at 3.46Gh/s, many people jumped on bandwagon probably because of the profitability.
Absolutely for sure, but we knew it was going to happen the second WDC got listed on an exchange so the profitability comparison sites could finally publish a figure for it.

What I am looking forward to seeing is when the difficulty gets over 100 and people start to churn mining something new and shiny, how the WDC difficulty reset handles the drop in hash rate. Do we end up with another FTC/CNC basket case, or does WDC handle it gracefully?



Difficulty retargets based on time, instead of blocks, so, it should retarget better then FTC, because it's not reliant on the number of people mining it

erk
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May 21, 2013, 01:45:45 AM
 #1429

hash rate at 3.46Gh/s, many people jumped on bandwagon probably because of the profitability.
Absolutely for sure, but we knew it was going to happen the second WDC got listed on an exchange so the profitability comparison sites could finally publish a figure for it.

What I am looking forward to seeing is when the difficulty gets over 100 and people start to churn mining something new and shiny, how the WDC difficulty reset handles the drop in hash rate. Do we end up with another FTC/CNC basket case, or does WDC handle it gracefully?



Difficulty retargets based on time, instead of blocks, so, it should retarget better then FTC, because it's not reliant on the number of people mining it

You probably want to check your facts. It's already been covered here:

https://bitcointalk.org/index.php?topic=204894.msg2205224#msg2205224

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May 21, 2013, 01:51:24 AM
 #1430

shouldn't difficulty be higher with such high hash rate?
Galimore
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May 21, 2013, 01:58:32 AM
 #1431

exactly that's what I'm afraid of...

I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who.

Yeah, it doesn't make sense that the most popular coin right now that's nearing 4 GH/s (with no premine and smaller block rewards) is cheaper than CNC which has been completely dead for weeks and has no miners left.
Tobius
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May 21, 2013, 02:04:55 AM
 #1432

exactly that's what I'm afraid of...

I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who.

Yeah, it doesn't make sense that the most popular coin right now that's nearing 4 GH/s (with no premine and smaller block rewards) is cheaper than CNC which has been completely dead for weeks and has no miners left.

IDK about you, but I'l just going to buy more of it now while it's inexpensive. I'm honestly sick of waiting for BTC transactions and I want this coin to succeed.
erk
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May 21, 2013, 02:08:54 AM
 #1433

exactly that's what I'm afraid of...

I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who.

Yeah, it doesn't make sense that the most popular coin right now that's nearing 4 GH/s (with no premine and smaller block rewards) is cheaper than CNC which has been completely dead for weeks and has no miners left.
That's because it's easy to obtain WDC, and Bter tend to seel alts too cheaply. So I just bought some more WDC Smiley
Twerka
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May 21, 2013, 02:15:31 AM
 #1434

I think it's normal. Most miners only mine for LTC or BTC so, once on exchange they dumped all they had, like a plague.

The worst enemy of Bitcoin is Mt.Gox exchange.
Tobius
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May 21, 2013, 02:23:18 AM
 #1435

I'm just waiting for all of these flash miners to leave, wait out the slowdown, and see what happens. While this coin isn't perfect, I REALLY DON'T WANT TO WAIT FOR CONFIRMS ANYMORE. ( BTC Angry )
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May 21, 2013, 02:28:48 AM
 #1436

I'm just waiting for all of these flash miners to leave, wait out the slowdown, and see what happens. While this coin isn't perfect, I REALLY DON'T WANT TO WAIT FOR CONFIRMS ANYMORE. ( BTC Angry )
We that's the big issue isn't it, 10min block rates are just crazy. Waiting for 120confirms after mining BTC takes most of the day. WDC takes like half an hour after mining by comparison. I am also waiting for the flash minier crowd to finish. their pump and dump.



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May 21, 2013, 02:51:53 AM
 #1437

hopefully this will be done soon.

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May 21, 2013, 04:05:38 AM
 #1438

Does anyone know when the difficulty will change? I calculated at block 46080 ( 4 blocks/min x 60 mins/hr x 8hrs/retarget = 1920 blocks/retarget ---> 1920 blocks/retarget x 24 retargets = block 46080) but it hasn't switched over yet..
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May 21, 2013, 05:52:29 AM
 #1439

Worldcoin has been added to CCE


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May 21, 2013, 06:10:21 AM
 #1440

I just bought more WDC with the the cheap price.  Grin

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