[ANN] ELACOIN fork: retarg @19440 diff .3 |interval calc change? see page 11+

[gica_contra]

http://elc.scryptmining.com

Did the coin get 51% or are these guys just scammers?

[nearmiss]

http://elc.scryptmining.com

Did the coin get 51% or are these guys just scammers?

Just scammers? How so?

[gica_contra]

their site shows transactions to my wallet but my balance is 0 

[Galimore]

http://elc.scryptmining.com

Did the coin get 51% or are these guys just scammers?

Every payment I just got from the last 6 hours or so from them just got orphaned as well.

[nearmiss]

wow, that is atrocious

elacoind listtransactions  "" 100| grep orphan| wc -l
55


55 orphans in last 100 transactions (including sends. In fact, 0 generated coins now!!!). wtf.

[bubbers214]

Same thing happened to me and all blocks at that pool got orphaned as well.

[nonameo]

guys we're confused too, check the other thread

[nearmiss]

https://bitcointalk.org/index.php?topic=203647.new#new

yeah....someone just orphaned 282 blocks...not a 'pool problem'.  sucks.

[gica_contra]

my transaction list is empty, not even orphans so... oh well back to BTC. Too bad since I really liked this coin.

[mat5x]

my transaction list is empty, not even orphans so... oh well back to BTC. Too bad since I really liked this coin.

what can you do. every coin is subject to this, even BTC. there's a billion $ in btc, so someone who thinks $10M is worth wasteing on it to get $100M of value could do the same thing.

unfortunately for these coins, somone willing to waste $100 of hashing power on messing with us can do the same thing. the only protection of course is to have more hash power.

the coin isnt instantly dead, just those blocks arent valid in your and my chain. what that means for future is the same as any coin: i dont know. why would someonetry to take over the coin so hard as to make its value $0? dont they want value in the coin? so obviously the coin will survive or there's no point to it. keep mining, the rewards are still more than usual.

[Galimore]

my transaction list is empty, not even orphans so... oh well back to BTC. Too bad since I really liked this coin.

what can you do. every coin is subject to this, even BTC. there's a billion $ in btc, so someone who thinks $10M is worth wasteing on it to get $100M of value could do the same thing.

unfortunately for these coins, somone willing to waste $100 of hashing power on messing with us can do the same thing. the only protection of course is to have more hash power.

the coin isnt instantly dead, just those blocks arent valid in your and my chain. what that means for future is the same as any coin: i dont know. why would someonetry to take over the coin so hard as to make its value $0? dont they want value in the coin? so obviously the coin will survive or there's no point to it. keep mining, the rewards are still more than usual.

Not for long, with coinchoose showing 400% profitability the difficulty is about to spike back to 2+ within hours. Most blocks are being found in <20 seconds now. We'll see what happens but I'm guessing with the extemely low volume on cryptsy and an influx of miners looking to dump that the price is going to plummet.

[mat5x]

Not for long, with coinchoose showing 400% profitability the difficulty is about to spike back to 2+ within hours. Most blocks are being found in <20 seconds now. We'll see what happens but I'm guessing with the extemely low volume on cryptsy and an influx of miners looking to dump that the price is going to plummet.

agreed. i dont think its worth 400% of btc. it needs a proper adjustment. id ont know what that is. but it will bring more miners in.

ill resend all the GIVEAWAYS though.

[bubbers214]

Not for long, with coinchoose showing 400% profitability the difficulty is about to spike back to 2+ within hours. Most blocks are being found in <20 seconds now. We'll see what happens but I'm guessing with the extemely low volume on cryptsy and an influx of miners looking to dump that the price is going to plummet.

agreed. i dont think its worth 400% of btc. it needs a proper adjustment. id ont know what that is. but it will bring more miners in.

ill resend all the GIVEAWAYS though.

Thanks for resending the giveaways! It will help a little to recoup the cost of that lost mining time.

[barwizi]

that is depressing. i jus woke up, i was mining on the pool right from the beginning, to find that some fool just wiped out 12 hours of work, so essentialy 40 elc down the drain. anyone manage to trace the ip ? would be nice to send this guy a few "custom " packets of data.

[nearmiss]

Sorry guys, if the pool had any kind of balance I'd try to help out and send some extra along as well, but I'm as wiped out as everyone else.   

Note; There were a couple of blocks confirmed after this incident that I need to manually pay out. I'll look into doing that tomorrow (late here).    Thanks for the support at the pool and hopefully things stick from here on out.

[xan_The_Dragon]

ETJTpq3KiJ5yhB8xUxeK4sMqCYjL1Vo6wf

[bubbers214]

Looks like all the pools stopped finding blocks now too.. what's going on this time?  Same thing?

[nonameo]

from what I understand, there's a server out there pumping out 12s blocks when the block time should be more like... 2 minutes. So someone has a lot of hash power they're throwing at this.

[bubbers214]

{
"blocks" : 18518,
"currentblocksize" : 1191,
"currentblocktx" : 1,
"difficulty" : 0.15616325,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 66737914,
"pooledtx" : 0,
"testnet" : false
}

Strange that the network hashrate is 66 MH/s, and the pool hash for http://elc.scryptmining.com/ is 45 and for elacoinpool.com is 36, yet neither pool has found a block in almost 30 minutes? 

[barwizi]

i've turned off my rig, rebooting. i'll see which fork i'll end up on and post here, seems there are three now attackers now.