stevebrush
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 Offline
Activity: 361
Merit: 11
Iridium (IRD) dev
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November 06, 2017, 12:05:55 AM |
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The pools are certainly not earning more fees due to such incidents. Because the long period of slow blocks and less fees (per hour) now will make up for the short period of more fees (per hour) during the attack. I am therefore puzzled why they would actively invite nicehash attacks by providing a dedicated port just for this centralized service.
so you mean, pools should close nicehash port until the problem is solved? |
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celobr32
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Activity: 69
Merit: 10
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November 06, 2017, 12:17:37 AM |
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A CPU and GPU friendly, ASIC-proof CryptoNight algorithm with >0.01% premine (testing network).
Since this is a community coin, we need community help! Donate to the following wallets to help support the continued development, hosting and exchange listings. BTC 1Pfjc6FXS98SreuguhoyPomerF5QpcR2XJ DASH (DASH) Xpz5uH8bxqJ6xo3j5aC2JCGeG64tXim1K7 DECRED (DCR) DsWfbgw5bMZ2mKLRDyjkPegWfeCg52YYn3K ETHEREUM CLASSIC (ETC) 0xdE6F07D544d73f11590F9570D140E5bC9ccba7Aa ETHEREUM (ETH) 0xE66a7488C7fd83a8e7A40D706DD14FAEB91756C0 If you can't help financially and have a computer with a static IP, visit http://ird.cash/iridium-node-installation (Thank you, Mr. Leroque) to help us setup more nodes. Then, PM Windozxpert with your IP address so it can be added to the list. This will help strengthen the network. - Specifications - - Ticker: IRD - Low 25,000,000 total coin supply, differentiating from the other CryptoNight coins with over 100 billion coins in total supply. - Block-by-block difficulty adjustments to ensure transactions are always confirmed within 3 minutes. - Difficulty target is exactly 175 seconds. - High emission rate, with 18,750,000 coins being rewarded in the first year. This is to encourage mining and coin growth. - Bounties will be used to promote decentralized development of the coin. - 20 Block Confirmation Maturity - Community-driven development, many suggestions made by community members will be developed. Roadmap (v2.0) Project daemons and simple-wallet. - completed GUI Wallet for Linux - completed GUI Wallet for Windows - completed GUI Wallet for IOS - in progress Mining Pools - completed Block Explorer - completed Fix transaction limits and wallet GUI - completed Official Website - completed Official Whitepaper. - in progress. Add to exchanges, to allow IRD to be traded and to establish an initial price. - in progress Add to CoinMarketCap. -need exchange first Tor backed nodes for improved anonymity -
In progress Iridium Mobile Wallet - not completed. Payment API to allow easy integration into markets. Iridium Web Wallet - not completed. Hello! Was the project abandoned? Novelty? I have mined some 100 coins and stopped because of lack of activity of the dev would like to know if it gave up the project. Best Regards! |
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MegaAzer
Newbie
Offline
Activity: 42
Merit: 0
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November 06, 2017, 01:34:09 AM |
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Guys, what do you think about the ICO? how promissing the project is?
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CreamyCheesecake
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November 06, 2017, 04:20:38 AM |
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Is the community in this coin active?
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Alexey Sukharev
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November 06, 2017, 05:54:06 AM |
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Join Slack and Discord.
Community is active. COin is alive.
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takertrade
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November 06, 2017, 06:24:31 AM |
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I also can buy IRD coins, just PM me.
(not less then 1k IRD)
1000 IRD = 0.3$ or 1000 x 0.3 = 300 $ |
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MegaAzer
Newbie
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Activity: 42
Merit: 0
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November 06, 2017, 06:59:27 AM |
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So, what's the purpose of having your token?
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nanona
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November 06, 2017, 10:10:06 AM |
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I also can buy IRD coins, just PM me.
(not less then 1k IRD)
1000 IRD = 0.3$ or 1000 x 0.3 = 300 $ Ya, nice joke, i will pay 300$ for 1000 coins when i can mine same amount and wast 1$ for power  Back to real.... 1000 IRD = 0.3$ maybe 0.5$ just for you  It's rather your offer which is the joke here. Nobody can mine 1k coins for $1 unless you steal the electricity (not to mention all the GPUs needed). And even if electricity was free, why would I give them away to you for nothing if it cost me nothing to mine them? I'd hodl with a serious likelihood of future profit many orders of magnitude larger than what you are offering, at zero financial risk for me. The cost of production even at the lowest kWh rates available currently anywhere in the world (and that includes Xinjiang) is still higher than your $0.3 per 1000 coins. And nobody would sell anything at just the cost of production anyway. In crypto as a miner you add at least x3 and mostly x5 or x10 if you sell right away. Of course selling right away is still stupid and hodling is much more profitable, pretty much always. Anyone who desperately needs 30 cents can go in the park, collect a couple of PET bottles and return them to the shop to get the refund. Much faster and effective than buying expensive GPUs to mine 1k coins and make 30 cents (before costs). |
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b95123
Member
Offline
Activity: 76
Merit: 10
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November 06, 2017, 11:15:58 AM |
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I also can buy IRD coins, just PM me.
(not less then 1k IRD)
1000 IRD = 0.3$ or 1000 x 0.3 = 300 $ Ya, nice joke, i will pay 300$ for 1000 coins when i can mine same amount and wast 1$ for power Back to real.... 1000 IRD = 0.3$ maybe 0.5$ just for you I can pay you $3.00 per 1000 IRD. You'll make 1000% profit. |
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celobr32
Member
Offline
Activity: 69
Merit: 10
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November 06, 2017, 11:23:38 AM |
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I also can buy IRD coins, just PM me.
(not less then 1k IRD)
1000 IRD = 0.3$ or 1000 x 0.3 = 300 $ Ya, nice joke, i will pay 300$ for 1000 coins when i can mine same amount and wast 1$ for power Back to real.... 1000 IRD = 0.3$ maybe 0.5$ just for you I can pay you $3.00 per 1000 IRD. You'll make 1000% profit. I sell 107IRD for 4500 DOGES |
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BobTrade
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November 06, 2017, 01:03:51 PM |
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I also can buy IRD coins, just PM me.
(not less then 1k IRD)
1000 IRD = 0.3$ or 1000 x 0.3 = 300 $ Ya, nice joke, i will pay 300$ for 1000 coins when i can mine same amount and wast 1$ for power Back to real.... 1000 IRD = 0.3$ maybe 0.5$ just for you I can pay you $3.00 per 1000 IRD. You'll make 1000% profit. I sell 107IRD for 4500 DOGES unofficial market is open  |
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sparkweb
Member
Offline
Activity: 148
Merit: 10
404
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November 06, 2017, 06:01:14 PM |
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 I pay $3,5 for 1000 IRD I also can buy IRD coins, just PM me.
(not less then 1k IRD)
1000 IRD = 0.3$ or 1000 x 0.3 = 300 $ Ya, nice joke, i will pay 300$ for 1000 coins when i can mine same amount and wast 1$ for power Back to real.... 1000 IRD = 0.3$ maybe 0.5$ just for you I can pay you $3.00 per 1000 IRD. You'll make 1000% profit. I sell 107IRD for 4500 DOGES unofficial market is open
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404
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billtr1
Member
Offline
Activity: 115
Merit: 10
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November 06, 2017, 08:35:33 PM |
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Nice project with good community I will keep my eyes on this coin |
0xBA2088f72b61afC497f0dF7d6B0f174899b36E3F
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b95123
Member
Offline
Activity: 76
Merit: 10
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November 06, 2017, 08:46:11 PM |
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I also can buy IRD coins, just PM me.
(not less then 1k IRD)
1000 IRD = 0.3$ or 1000 x 0.3 = 300 $ Ya, nice joke, i will pay 300$ for 1000 coins when i can mine same amount and wast 1$ for power Back to real.... 1000 IRD = 0.3$ maybe 0.5$ just for you It's rather your offer which is the joke here. Nobody can mine 1k coins for $1 unless you steal the electricity (not to mention all the GPUs needed). And even if electricity was free, why would I give them away to you for nothing if it cost me nothing to mine them? I'd hodl with a serious likelihood of future profit many orders of magnitude larger than what you are offering, at zero financial risk for me. The cost of production even at the lowest kWh rates available currently anywhere in the world (and that includes Xinjiang) is still higher than your $0.3 per 1000 coins. And nobody would sell anything at just the cost of production anyway. In crypto as a miner you add at least x3 and mostly x5 or x10 if you sell right away. Of course selling right away is still stupid and hodling is much more profitable, pretty much always. Anyone who desperately needs 30 cents can go in the park, collect a couple of PET bottles and return them to the shop to get the refund. Much faster and effective than buying expensive GPUs to mine 1k coins and make 30 cents (before costs). Everyone have own way, you can sell or no, its your own opinion. Regarding 1$.... and nobody, my calculation: I use little farm (3 GPU) 1x 1050 + 2x 750Ti, this farm mine around 350 IRD per 24h... and eat 200W of power. So i need ~3 days for mine 1k IRD, then 0.2W * 72H = this is 14.4 kw = ~24.5 UAH = ~1$. Why anyone should pay even more... IRD right now costs nothing, zero echanges support this coin... so in future this coin even can die and nobody get 0.0000001$ for 1k IRD As i said before, each have own way, i tell my 1k IRD = 0.3 - 0.5$ for now, untill IRD going to echanges... then will see, maybe i will pay 1$ for 1 IRD who know! What's your 750Ti hashrate? |
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nanona
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November 07, 2017, 07:16:19 AM |
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The network suffered an instamining attack for the past two hours (10:50-12:40 GMT) done over the mine77 pool. I think I saw something like 350kH/s at work. 50kH/s of which are the genuine permanent miners in that pool, so the attacker used appr. 300kH/s. During these hours we saw blocks 30208 to 30406 which was 198 blocks in 110min or 1.8 blocks/min or an average block time of 33 seconds. The normal rate would have been 36 blocks during that time, therefore 162 blocks (nearly 14,000 IRD) were mined in excess due to the not fast enough difficulty re-target on this blockchain.
I suggest the dev team starts to implement a more up to date diffculty re-target function. In the past Sumokoin (SUMO) and Masari (MSR) suffered the same fate of getting raped by nicehash idiots, i.e. centralized hashrate for hire. Masari then adopted the retargeting from SUMO which stopped these attacks. I consider these attacks equivalent to someone going into a restaurant, eating and then running away while telling the waitress that the invoice will be paid by the next customer.
This is exactly what will happen now since the difficulty is slowly (and delayed) adjusting upwards long after the attack has stopped, which means the genuine 24/7 miners which actually secure the network will mine against a high difficulty (which comes too late), will waste lots of electricity and get very few blocks, i.e. coins. They basically subsidize the coins stolen by the nicehash idiot. Yes, I consider it theft because the nicehash attacker is not willing to mine at the difficulty his hashrate generates. That's why he ran away after a short time and doesn't mine 24/7, knowing exactly that the invoice (difficulty) is presented only after the fact and he can leave it to the other miners.
The difficulty re-target will always be a trailing indicator because it works based on the block times found previously. But it must be such that it can react very quickly on such hashrate attacks and drive difficulty up immediately when the blocks start flying. Once it stops, it must equally quickly adjust difficulty down of course. Other coins have solved this very well and this coin should upgrade as well on a coming HF. After all the block time is the heartbeat of the network and it must be predictable and constant. It is additionally controlling the issuance of the coins (inflation) and this must be fully under control and resilient to such nicehash attacks. Hence why I always recommend that pools do not accept nicehash workers. Nicehash is the exact opposite of a decentralized ledger and currency mined by decentralized miners. It's a centralized service which should be blocked wherever possible.
The network difficulty has slowly ramped up to 20M now, despite the attack being over since more than 8 hours and the global hashrate back down to 50kH/s ever since. This is two times the 10M it had when the attack started. Blocks come in very slow therefore. The last 20 blocks took over 3 hours to mine (almost 3.5 hours), which means the miners are now earning less than one third of the coins they should earn for a couple of days to come until the difficulty will be back down to 10M. They are paying for the nicehash freeloader. If they are unlucky the freeloader will return just when the difficulty is again back to nominal. Rinse repeat.
The pools are certainly not earning more fees due to such incidents. Because the long period of slow blocks and less fees (per hour) now will make up for the short period of more fees (per hour) during the attack. I am therefore puzzled why they would actively invite nicehash attacks by providing a dedicated port just for this centralized service.
Same attack again today through the mine77 pool, from 4:30 to 6:30 GMT, just when the difficulty from the previous attack had come down again to the regular 10M after nearly two days of slow blocks and low rewards for the permanent miners. This time during 2 hours we had blocks 31046 to 31161, which is 115 blocks or nearly 60 blocks/hour and 1 block/minute, instead of the normal 20 blocks/hour and 1 block every 3 minutes. A total surplus of 75 blocks or 6,375 IRD mined at zero additional costs for the attacker, well, the permanent miners are paying for it now and for the next two days as the difficulty is shooting up now. It's already at 13M and increasing and the genuine 35 kH/s on mine77 and the 25 kH/s on the two other pools will now mine for very little rewards. |
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Acime
Newbie
Offline
Activity: 15
Merit: 0
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November 07, 2017, 12:42:14 PM |
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The network suffered an instamining attack for the past two hours (10:50-12:40 GMT) done over the mine77 pool. I think I saw something like 350kH/s at work. 50kH/s of which are the genuine permanent miners in that pool, so the attacker used appr. 300kH/s. During these hours we saw blocks 30208 to 30406 which was 198 blocks in 110min or 1.8 blocks/min or an average block time of 33 seconds. The normal rate would have been 36 blocks during that time, therefore 162 blocks (nearly 14,000 IRD) were mined in excess due to the not fast enough difficulty re-target on this blockchain.
I suggest the dev team starts to implement a more up to date diffculty re-target function. In the past Sumokoin (SUMO) and Masari (MSR) suffered the same fate of getting raped by nicehash idiots, i.e. centralized hashrate for hire. Masari then adopted the retargeting from SUMO which stopped these attacks. I consider these attacks equivalent to someone going into a restaurant, eating and then running away while telling the waitress that the invoice will be paid by the next customer.
This is exactly what will happen now since the difficulty is slowly (and delayed) adjusting upwards long after the attack has stopped, which means the genuine 24/7 miners which actually secure the network will mine against a high difficulty (which comes too late), will waste lots of electricity and get very few blocks, i.e. coins. They basically subsidize the coins stolen by the nicehash idiot. Yes, I consider it theft because the nicehash attacker is not willing to mine at the difficulty his hashrate generates. That's why he ran away after a short time and doesn't mine 24/7, knowing exactly that the invoice (difficulty) is presented only after the fact and he can leave it to the other miners.
The difficulty re-target will always be a trailing indicator because it works based on the block times found previously. But it must be such that it can react very quickly on such hashrate attacks and drive difficulty up immediately when the blocks start flying. Once it stops, it must equally quickly adjust difficulty down of course. Other coins have solved this very well and this coin should upgrade as well on a coming HF. After all the block time is the heartbeat of the network and it must be predictable and constant. It is additionally controlling the issuance of the coins (inflation) and this must be fully under control and resilient to such nicehash attacks. Hence why I always recommend that pools do not accept nicehash workers. Nicehash is the exact opposite of a decentralized ledger and currency mined by decentralized miners. It's a centralized service which should be blocked wherever possible.
The network difficulty has slowly ramped up to 20M now, despite the attack being over since more than 8 hours and the global hashrate back down to 50kH/s ever since. This is two times the 10M it had when the attack started. Blocks come in very slow therefore. The last 20 blocks took over 3 hours to mine (almost 3.5 hours), which means the miners are now earning less than one third of the coins they should earn for a couple of days to come until the difficulty will be back down to 10M. They are paying for the nicehash freeloader. If they are unlucky the freeloader will return just when the difficulty is again back to nominal. Rinse repeat.
The pools are certainly not earning more fees due to such incidents. Because the long period of slow blocks and less fees (per hour) now will make up for the short period of more fees (per hour) during the attack. I am therefore puzzled why they would actively invite nicehash attacks by providing a dedicated port just for this centralized service.
Same attack again today through the mine77 pool, from 4:30 to 6:30 GMT, just when the difficulty from the previous attack had come down again to the regular 10M after nearly two days of slow blocks and low rewards for the permanent miners. This time during 2 hours we had blocks 31046 to 31161, which is 115 blocks or nearly 60 blocks/hour and 1 block/minute, instead of the normal 20 blocks/hour and 1 block every 3 minutes. A total surplus of 75 blocks or 6,375 IRD mined at zero additional costs for the attacker, well, the permanent miners are paying for it now and for the next two days as the difficulty is shooting up now. It's already at 13M and increasing and the genuine 35 kH/s on mine77 and the 25 kH/s on the two other pools will now mine for very little rewards. Thanks for the information. Are devs dealing with this ? It seems urgent and unfair for current miners. |
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StormLead
Newbie
Offline
Activity: 7
Merit: 0
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November 07, 2017, 01:49:44 PM |
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Hi,
How long does it take for coins to be transferred into wallet ?
It's been already 2-3h since the pool made the payment and i still got 0.00 IRD in wallet.
thanks
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Acime
Newbie
Offline
Activity: 15
Merit: 0
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November 07, 2017, 02:00:03 PM |
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Hi,
How long does it take for coins to be transferred into wallet ?
It's been already 2-3h since the pool made the payment and i still got 0.00 IRD in wallet.
thanks
Depends on the pool I think, but it takes some time, don't worry it will show up soon. |
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StormLead
Newbie
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Activity: 7
Merit: 0
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November 07, 2017, 04:12:02 PM |
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Hi,
How long does it take for coins to be transferred into wallet ?
It's been already 2-3h since the pool made the payment and i still got 0.00 IRD in wallet.
thanks
Depends on the pool I think, but it takes some time, don't worry it will show up soon. ok maybe i'm doing something wrong So i downloaded and run the wallet, click on receive and got my wallet address: ir3qWowxEi8d4mNbE1PmSc55PcFNo9pMeZSWK9ZhhQcDAJtQBvgUAaAAvvH9xpdjHMBq9iZ4vamaBhg AkvU921tq1ukegRZjk i put this address in the bat file and start minig. It showed up in the pool - https://ird.uvac.fr/# and i got 4 payments from the pool, first one was almost 4h ago and still the wallet balance shows 0. I even installed the wallet on another computer (same wallet, i exported the *.wallet file) any help ? |
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StormLead
Newbie
Offline
Activity: 7
Merit: 0
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November 07, 2017, 05:33:00 PM |
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I think i found the problem, it seems that my wallet is not syncing i got the latest version 2.0.1 ( https://github.com/iridiumdev/iridium-gui/releases/tag/v2.0.1) although after i open the wallet in help/about wallet it says version 2.0.0 in log file i got: 2017-Nov-07 19:25:22.547158 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds 2017-Nov-07 19:25:44.549802 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds 2017-Nov-07 19:26:06.551593 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds 2017-Nov-07 19:26:28.555068 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds 2017-Nov-07 19:26:50.557772 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds i m using windows 10 x64 any ideea ? |
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