[ANN] [MEC] Megacoin has arrived. Scrypt & Core 0.8.2+ Updates: Chinese Market

[MobGod]

Bigal,

is your connection stable again? yesterday was really and I was the top contributor. Imagine how much MEC i lost in a day, sight.

why not try my pool it's been running fine

what is your pool MobGod?

http://coinworld.us:7777/static/

[MobGod]

do we have any 100% working pools?

http://coinworld.us:7777/static/

[Bigal]

Bigal,

is your connection stable again? yesterday was really bad and I was the top contributor. Imagine how much MEC i lost in a day, sight.

I apologize for the issues, something was just plain messed up on that vps, I've have moved to a new vps and things are MUCH better.

I'm in the process of paying out the orphan blocks, and I'm going to payout the reward for the pool to those who mined during that time but please be patient it may be a day or two.

[dubs]

do we have any 100% working pools?

http://coinworld.us:7777/static/

thanks mining their now

[faraway]

I've added a new p2pool.

Here are the parameters:

cgminer --scrypt -o next.afraid.org:8110 -u yourMEGAaddress -p . --queue 0 -s 1

statistics available here: http://next.afraid.org:8110. This pool uses a PPLNS payout scheme, and is stratum enabled. The PPLNS window is set to only one hour.

2% fee at this time.

----
This one is up, and fully reliable.

The pool is still there and will be maintained.

Fully working and maintained.

[DigitalDoom]

Registration has been opened again at:

http://megacoin.miningpool.co

What's going on with this pool? My numbers don't make any sense. After mining 8+ hours it's reporting my earnings @ +/- 7 MEC. I'm confused to what that means. Is it coins earned or blocks earned? I don't know...none of the reported numbers make sense at all. If 8+ hours of mining in the top 4 hashrate spot on this pool only earns 7 MEC coins...well, what a waste of my hashing power.

According to the pool stats, I've been mining in pool while the last 34 blocks were discovered by the pool and I found 4 of them myself...yet my earned amount is reported as only 7 MEC. Either this is the number of complete blocks I've earned and will be paid, or it's a huge mistake and the pool is reporting seriously wrong stats and info....not sure which.

Can anyone help make some sense of the stats being displayed/reported by this pool?

you have to hope its reporting blocks. logically it would make sense, because block size is variable based on the current block, so it is likely reporting the number of blocks earned instead of the amount of MEC. i'm sure the owner of the pool can clarify this but this is my understanding of how it works.

It is not blocks just coins. The problem is that you get paid about 8 hours after you mine a share, confirms are taking a LONG time.

Yes, I know confirms take a long time and I understand that. However, The estimated earnings should display within a few confirms after a block is found...not hours later when all confirms are in. And the way earnings are labeled on the site makes all the more confusing, no way to know if the numbers you see are blocks to be paid or coins to be paid.

Payments are rolling in now, but I've switched pools. Just not too happy when I don't know how much coin I'm making until hours/days later. The whole pool is just a mess, IMO.

[Charles999]

this is a very hard coin to mine.. solo.. keeps getting rejects and acepts aren't great

[DigitalDoom]

this is a very hard coin to mine.. solo.. keeps getting rejects and acepts aren't great

If you're getting rejects when solo mining I'm thinking you have something wrong in the miner configuration. The only time I get high rejects when solo mining is if I try to push -I too high.

Lots of people I've heard from try to push Intensity settings as high as possible because it gives higher hashrate. The trade-off for getting that high hashrate is getting excess rejects.

I don't know for certain that this is the case in your situation, but as I said, when my Intensity is too high (>18) the miner will start throwing rejects.

In my experience with Scrypt mining:

• HW errors = bad GPU settings (ie. Bad OC, incorrect Thread Concurrency, etc.)
• High Rejects/Stales = too high Intensity

ADDED:

So far...my best experience with MEC mining has been while solo mining. Most troubles I've had is when trying to mine in the pools listed in this thread. If difficulty wouldn't have shot up so high recently I wouldn't even consider pool mining.

I'm planning to mine the various pools listed over the next few days. Give them each 12 hours of mining to see which one proves to be the most profitable and stack those figures against solo mining. Hopefully there isn't too much fluctuation in difficulty over that time, which would upset results.

[dubs]

so dev any new plans for the coin?

[kimoto]

so dev any new plans for the coin?

Hey dubs, yes. Many plans, some of which are already known.  But I've been very busy implementing them as we speak.  There will be an update soon.  Hang tight and don't sell.  This is only the beginning.  I want all the Megacoin supporters to share the same success. 

[MobGod]

Come by and mine
http://coinworld.us:8881/static/
Where did everyone go? Get your miners back don't lose out

[dubs]

so dev any new plans for the coin?

Hey dubs, yes. Many plans, some of which are already known.  But I've been very busy implementing them as we speak.  There will be an update soon.  Hang tight and don't sell.  This is only the beginning.  I want all the Megacoin supporters to share the same success. 

thanks for the reply, are you working on a payment processor script that can be added to any sites?

[ohiwastedmylif]

so dev any new plans for the coin?

Hey dubs, yes. Many plans, some of which are already known.  But I've been very busy implementing them as we speak.  There will be an update soon.  Hang tight and don't sell.  This is only the beginning.  I want all the Megacoin supporters to share the same success. 

I have heard good things about this coin. I decided to go all in on this one, it seems like the best alt to be launched in a long time.

Keep up the good work!

[ohiwastedmylif]

Come by and mine
http://coinworld.us:8881/static/
Where did everyone go? Get your miners back don't lose out

The pool is 8881 now?

[DigitalDoom]

Come by and mine
http://coinworld.us:8881/static/
Where did everyone go? Get your miners back don't lose out

I think people jump from one coin to the next depending on what's profitable that minute.

Waste of hashing power if you ask me

[MobGod]

Come by and mine
http://coinworld.us:8881/static/
Where did everyone go? Get your miners back don't lose out

I think people jump from one coin to the next depending on what's profitable that minute.

Waste of hashing power if you ask me

whats a waste jumping or mining MEC you lost me on that one ?

[kimoto]

Come by and mine
http://coinworld.us:8881/static/
Where did everyone go? Get your miners back don't lose out

I think people jump from one coin to the next depending on what's profitable that minute.

Waste of hashing power if you ask me

whats a waste jumping or mining MEC you lost me on that one ?

I think he's trying to say if you are looking for profit by mining the "highest profitable" coin that very second, you will be wasting your time earning peanuts.
The real profit is investing in coins that have a future.

[kimoto]

I pm'd Komoto to see his CV.  Given he's a doctor, I assume he has one like all doctors.  No reply so far. 

Is there even a website for this coin?  Any projects on the docket?  A dev team working on the basics, like payment processing?

Another day has passed and still nothing.  No reply, no website, no project announcements, no dev team introductions, nothing...

How are we supposed to educate ourselves about the prospects of a coin and its dev team, as well as the legitimacy of their claims?

So you love using currencies designed for anonyminity, but demand I hand out my resume? Silly game.
Post your name, address and telephone number here in this thread and we'll be in contact shortly.
It doesn't matter what somebody says. Only actions really count. Educate yourself, instead of relying on others to educate you.

[dubs]

Come by and mine
http://coinworld.us:8881/static/
Where did everyone go? Get your miners back don't lose out

I think people jump from one coin to the next depending on what's profitable that minute.

Waste of hashing power if you ask me

whats a waste jumping or mining MEC you lost me on that one ?

I think he's trying to say if you are looking for profit by mining the "highest profitable" coin that very second, you will be wasting your time earning peanuts.
The real profit is investing in coins that have a future.

what are upcoming releases for mec? what can we expect? any marketplace?

[gnode]

Kimoto
            There still seems to be some anomalous behavior with confirmations taking a long time on some of the pools.  Any insight?

TIA,

gox node