thisnewcoin
Full Member
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Activity: 406
Merit: 104
Convert Crypto at BestChange
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May 25, 2013, 05:27:57 PM |
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why not you make a miner that does this, I'll love to try it out. I want to get 5888 superblock! Because I'm not going to spend my time working for free on a lame altcoin. Of course if you are going to pay, that would be a different story. I am going to pay for it? lol, no, because I don't think it will work. If you think it will work, do it and get these superblocks and they will be sufficient to payoff you. I am a programmer myself, I did not do this is simply because I don't think it will work.
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arlington
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May 25, 2013, 05:35:22 PM |
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Looks like the diff is petty stable now at 5.5, for the last 12 hours. Even dropped a little. Which is good.
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dreamhouse
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May 25, 2013, 05:52:31 PM |
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This is good, this one reduced largely the instamine.
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BitJohn
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May 25, 2013, 06:04:19 PM |
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This is good, this one reduced largely the instamine. yep!
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arlington
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May 25, 2013, 06:17:15 PM |
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This is good, this one reduced largely the instamine. yep! this is the first diff adjustment scheme to reduce the instamine, it's great!
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relm9
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May 25, 2013, 06:19:25 PM |
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This is good, this one reduced largely the instamine. yep! this is the first diff adjustment scheme to reduce the instamine, it's great! No it's not. DigitalCoin and Nibble used a better approach.
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BitJohn
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May 25, 2013, 06:20:02 PM |
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This is good, this one reduced largely the instamine. yep! this is the first diff adjustment scheme to reduce the instamine, it's great! No it's not. DigitalCoin and Nibble used a better approach. All had good approaches DGC was pretty fair this one Id say also worked
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JohnyBigs
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May 25, 2013, 06:25:42 PM |
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This is good, this one reduced largely the instamine. yep! this is the first diff adjustment scheme to reduce the instamine, it's great! No it's not. DigitalCoin and Nibble used a better approach. All had good approaches DGC was pretty fair this one Id say also worked no that's impossible only one must work! other coins approaches can't work! even though nimble and DGC are like 10X the coin supply by the end of the week.
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BitJohn
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May 25, 2013, 06:26:38 PM |
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This is good, this one reduced largely the instamine. yep! this is the first diff adjustment scheme to reduce the instamine, it's great! No it's not. DigitalCoin and Nibble used a better approach. All had good approaches DGC was pretty fair this one Id say also worked no that's impossible only one must work! other coins approaches can't work! even though nimble and DGC are like 10X the coin supply by the end of the week. You mean it can be more than one digital currency that is ok to use?
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BitJohn
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May 25, 2013, 06:27:25 PM |
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Its to bad they don't print tons of various crap paper money and trade it around the world.
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fisheater
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May 25, 2013, 06:39:47 PM |
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Let's see there are different ways to fight the instamines:
1. Use very low payout at the beginning, and only when diff reaches certain level (such as 1), then full payout. This is the method used by DGC.
2. Use an accelerated scheme to increase diff quickly to the level that matches network hash rate with the predefined block time. This is used by LKY.
Both works, and did their job I guess.
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Lohoris
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May 25, 2013, 06:40:50 PM |
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Its to bad they don't print tons of various crap paper money and trade it around the world.
1. and how many of those coins have a value worldwide, as opposite to just in the country printing them? 2. they have a reason for doing that, and that is every country prints its own coin. They don't do it just for printing's sake, and that's why a single country never prints two different coins: it wouldn't make sense. So, these altcoins are mostly pointless, with few exceptions.
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BChydro
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May 25, 2013, 07:10:07 PM |
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All you need to do is check if GetBlockValue says it's a superblock, and if it isn't just skip mining it.
Then you run the LKY wallet with higher process priority than some other wallet and mine happily other coins unless there's a superblock available. You get a wonderful profitability while everyone else is down in the coal mines burning watts.
No that always shows 88
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pizza
Member
Offline
Activity: 112
Merit: 10
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May 25, 2013, 07:19:53 PM |
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All you need to do is check if GetBlockValue says it's a superblock, and if it isn't just skip mining it.
Then you run the LKY wallet with higher process priority than some other wallet and mine happily other coins unless there's a superblock available. You get a wonderful profitability while everyone else is down in the coal mines burning watts.
No that always shows 88 Another noob owned haha
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fisheater
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May 25, 2013, 07:27:35 PM |
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The last diff adjustment actually decreased a bit diff, now at 5.08471926 as opposed to 5.48902389 earlier, which is good news for all the miners! This coin killed instamining quickly. The problem with WDC, I think, is too many instaminings at low diff, so when it hits the exchanges, big dumps from those who grabbed at low diff, thus killing the great WDC, sad .
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pizza
Member
Offline
Activity: 112
Merit: 10
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May 25, 2013, 07:29:20 PM |
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The last diff adjustment actually decreased a bit diff, now at 5.08471926 as opposed to 5.48902389 earlier, which is good news for all the miners! This coin killed instamining quickly. The problem with WDC, I think, is too many instaminings at low diff, so when it hits the exchanges, big dumps from those who grabbed at low diff, thus killing the great WDC, sad . Yes but WDC still going strong still has a big hashrate haha! When this coins diff stabilizes in a the next day or two to normal diff adjustments it's going to be great! It also has fast diff adjustments even faster than WDC.
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BChydro
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May 25, 2013, 07:39:32 PM |
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The last diff adjustment actually decreased a bit diff, now at 5.08471926 as opposed to 5.48902389 earlier, which is good news for all the miners! This coin killed instamining quickly. The problem with WDC, I think, is too many instaminings at low diff, so when it hits the exchanges, big dumps from those who grabbed at low diff, thus killing the great WDC, sad . Also I think WDC got onto an exchange too quickly, it wasn't allowed to grow enough love with the community yet. Once WDC appeared on bter, everyone tossed it like loveless parents.
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pizza
Member
Offline
Activity: 112
Merit: 10
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May 25, 2013, 07:49:04 PM |
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The last diff adjustment actually decreased a bit diff, now at 5.08471926 as opposed to 5.48902389 earlier, which is good news for all the miners! This coin killed instamining quickly. The problem with WDC, I think, is too many instaminings at low diff, so when it hits the exchanges, big dumps from those who grabbed at low diff, thus killing the great WDC, sad . Also I think WDC got onto an exchange too quickly, it wasn't allowed to grow enough love with the community yet. Once WDC appeared on bter, everyone tossed it like loveless parents. That's what miners do nowadays mine and dump, at least with Luckycoin there is nothing to dump haha, or the dump will be super short lived.
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fisheater
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May 25, 2013, 07:56:27 PM |
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The last diff adjustment actually decreased a bit diff, now at 5.08471926 as opposed to 5.48902389 earlier, which is good news for all the miners! This coin killed instamining quickly. The problem with WDC, I think, is too many instaminings at low diff, so when it hits the exchanges, big dumps from those who grabbed at low diff, thus killing the great WDC, sad . Also I think WDC got onto an exchange too quickly, it wasn't allowed to grow enough love with the community yet. Once WDC appeared on bter, everyone tossed it like loveless parents. That's what miners do nowadays mine and dump, at least with Luckycoin there is nothing to dump haha, or the dump will be super short lived. Yes that's very true, that's why we need to kill instamine.
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BChydro
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May 25, 2013, 08:00:02 PM |
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Just hit a 588 block
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