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Author Topic: [ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013  (Read 500736 times)
mullick
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May 20, 2013, 11:33:58 AM
 #261

This coin has low reward for the first blocks.  There is little, if any, reward for mining it early.  If anything, early miners are subsidizing the coin rather than profiting for themselves

Do the math 20 per block is the final total right. 1 block per second at 1 per block = 20 2 per block = 40 I can keep going but more coins are still being generated now than there will be later people are still hoarding plenty of coins Wink
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baritus
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May 20, 2013, 11:35:17 AM
Last edit: May 20, 2013, 11:45:40 AM by baritus
 #262

The rewards scale up and don't become full until difficulty 1 is reached.

Right now, we are almost at difficulty 0.0625 at which point we should start to see normalization.

There's a reason early rewards were worth very little.

People with more hashpower have just that, more actual power. You can read up on what causes the orphans, but basically the fair launch I put in is the best way I can think of to make it fair.

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May 20, 2013, 11:35:45 AM
 #263

until a time where a dev can figure out how to start with diff 1 or greater, all launches will just fail like this one.

A few people will suck up all the coins the rest will get little or nothing.
Well the people with a stack of coins already should stop and take a 10min break let some spread around.



Yeah i second this... everyone stop mining pls so i can get a few coins Smiley

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May 20, 2013, 11:36:32 AM
 #264

Would prefer a small trickle from a p2p pool if someone could set that up to getting lucky blocks.

[Cex.io] - Cheap virtual mining.
erk
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May 20, 2013, 11:37:19 AM
 #265

Been mining with just one 7950 for 1hr 40min, not a single coin.
Might go to bed a write it off as another waste of electricity.


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May 20, 2013, 11:40:11 AM
 #266

Really? I found 2 blocks in 25 minutes with a 6950, both orphans Sad

Small sample size, I know...

edit: make that 3:0 to the orphans...

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mullick
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May 20, 2013, 11:41:09 AM
 #267

Watching this is fun 5 blocks in 1 second at 06:41:01
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May 20, 2013, 11:41:58 AM
 #268

its just sad always the same, the guys with the big botnets or EC2 farms kill it all.

YAC was a bit different because of a modified crypto algorithm at least they could not use GPU at first.

i think any new coin should use a different modified crypto algorithm, this would make things a bit more fair since GPUs are out of the game the first few hours.

sad  Sad  Sad  Sad
saberu
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May 20, 2013, 11:42:26 AM
 #269

Solomining is useless, blocks too fast. Need a p2pool

edit: It's another coin designed to fail when you compile in Linux, to make p2pool that much harder. Scamcoin again.

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May 20, 2013, 11:45:05 AM
 #270

This is a huge waste of time. I'm going back to bed...  I can't believe I got up early for this....
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May 20, 2013, 11:47:52 AM
 #271

Agreed,  going to switch back to WDC and nibbles.
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May 20, 2013, 11:48:27 AM
 #272

its just sad always the same, the guys with the big botnets or EC2 farms kill it all.

YAC was a bit different because of a modified crypto algorithm at least they could not use GPU at first.

i think any new coin should use a different modified crypto algorithm, this would make things a bit more fair since GPUs are out of the game the first few hours.

sad  Sad  Sad  Sad

YAC = amazon farm friendly...

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Malkov
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May 20, 2013, 11:48:46 AM
 #273

All Reject new BLOCK WTF?
batman, not crabman
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May 20, 2013, 11:50:30 AM
 #274

My fourth block worked, the only change I made was to add 'PORT=7998' (or whatever port you're using) in the .conf file.

I got exactly 11 coins though, I thought it was 8 per block?

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mullick
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May 20, 2013, 11:50:56 AM
 #275

Yep outta here with my 23 digital crap coins back to bit gem. I found more blocks there that here at 10+ minute blocks!
Malkov
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May 20, 2013, 11:51:45 AM
 #276

All Reject new BLOCK WTF?
Other New Block Reject!! anyone knows something about?
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May 20, 2013, 11:52:32 AM
 #277

Solomining is useless, blocks too fast. Need a p2pool

Quick and dirty p2pool, might need small tuning. But i am blocking like hell with it.

edit: It's another coin designed to fail when you compile in Linux, to make p2pool that much harder. Scamcoin again.

p2pool takes less than 5 minutes to configure..

File: p2pool-altcoins/p2pool/networks.py
Code:
    digital=math.Object(
        PARENT=networks.nets['digital'],
        SHARE_PERIOD=15, # seconds target spacing
        CHAIN_LENGTH=24*60*60//10, # shares
        REAL_CHAIN_LENGTH=24*60*60//10, # shares
        TARGET_LOOKBEHIND=200, # shares coinbase maturity
        SPREAD=30, # blocks
        IDENTIFIER='be43F6b8c6927210'.decode('hex'),
        PREFIX='b587193ba6d4749a'.decode('hex'),
        P2P_PORT=5477,
        MIN_TARGET=0,
        MAX_TARGET=2**256//2**20 - 1,
        PERSIST=False,
        WORKER_PORT=9500,
        BOOTSTRAP_ADDRS=''.split(' '),
        ANNOUNCE_CHANNEL='#p2pool-alt',
        VERSION_CHECK=lambda v: True,
    ),

File: p2pool-altcoins/p2pool/bitcoin/networks.py
Code:
    digital=math.Object(
        P2P_PREFIX='fbc0b6db'.decode('hex'),
        P2P_PORT=7999,
        ADDRESS_VERSION=30,
        RPC_PORT=7998,
        RPC_CHECK=defer.inlineCallbacks(lambda bitcoind: defer.returnValue(
            'digitalcoinaddress' in (yield bitcoind.rpc_help()) and
            not (yield bitcoind.rpc_getinfo())['testnet']
        )),
        SUBSIDY_FUNC=lambda height: 1*10000000 >> (height + 1)//1080000,
        POW_FUNC=lambda data: pack.IntType(256).unpack(__import__('ltc_scrypt').getPoWHash(data)),
        BLOCK_PERIOD=30, # s targetspacing
        SYMBOL='DGC',
        CONF_FILE_FUNC=lambda: os.path.join(os.path.join(os.environ['APPDATA'], 'franko') if platform.system() == 'Windows' else os.path.expanduser('~/Library/Application Support/Doubloons/') if platform.system() == 'Darwin' else os.path.expanduser('~/.digitalcoin'), 'digitalcoin.conf'),
        BLOCK_EXPLORER_URL_PREFIX='http://54.244.192.52/doubloon/block/',
        ADDRESS_EXPLORER_URL_PREFIX='http://54.244.192.52/doubloon/address/',
        SANE_TARGET_RANGE=(2**256//100000000 - 1, 2**256//1000 - 1),
        DUMB_SCRYPT_DIFF=2**16,
    ),

File: p2pool-altcoins/p2pool/bitcoin/helper.py
Code:
        if 'lite' in net.NAME or 'feather' in net.NAME or 'chn' in net.NAME or 'digital' in net.NAME or 'franko' in net.NAME:

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techbytes
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May 20, 2013, 11:52:42 AM
 #278

Yep outta here with my 23 digital crap coins back to bit gem. I found more blocks there that here at 10+ minute blocks!

Don't forget to close the door on your way out.   Grin

-tb-

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May 20, 2013, 11:53:20 AM
 #279

10.000 hash iv been chucking at it since start. Nothing yet
shaal
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May 20, 2013, 11:54:59 AM
 #280

"blocks" : 4794,
"difficulty" : 0.01562500,
"networkhashps" : 33004359,


that's pretty insane network speed already


current network hash rate,

"blocks" : 5705,
"difficulty" : 0.06250000
"networkhashps" : 175066601,
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