[ANN] Noirbits Update required Improved algos !!!!

[barwizi]

the problem with merged mining our various scrypt coins has been mainly the passing of submitted hashes of different difficulties from the parent chain to consequent ones. Noirbits only managed to pass two to summercoin before the changes in difficulty skewered everything, and we haven't been able to replicate it since difficulty has not reached acceeptable levels since.

Messing with someone else's coin isn't part of the plan also.

[barwizi]

we haven't given up. in fact we are simply trying to figure out a new path to get to the same place. The easiest way we have seen is a poolside attempt but we'll need to do further research.

[oatmo]

we haven't given up. in fact we are simply trying to figure out a new path to get to the same place. The easiest way we have seen is a poolside attempt but we'll need to do further research.

Do you have anything written up about how you were planning to do it? I'm curious how you could be doing hashes for 2 coins at once without them being completely separate?
Were you just trying to work on 2 coins at once, splitting effort, or were you trying actually use the same hashes for 2 coins?

[barwizi]

we haven't given up. in fact we are simply trying to figure out a new path to get to the same place. The easiest way we have seen is a poolside attempt but we'll need to do further research.

Do you have anything written up about how you were planning to do it? I'm curious how you could be doing hashes for 2 coins at once without them being completely separate?
Were you just trying to work on 2 coins at once, splitting effort, or were you trying actually use the same hashes for 2 coins?

We are attempting to use the same hash. for now most work is kept under wraps since we would like to milk this cow for a bit before we tell people how we got it working. I myself am not really working on it since i have been pushing the Noirbank idea.

[barwizi]

Noirbank Update

The idea is being tested, we have pushed 3 applications to countries, one in Africa one in Europe and an Middle east country, the first two have responded by asking us to provide full details of how crypto-currencies work. Most countries dont have an existing class of registration that covers how this community operates. Further The African country asked some questions including.
0) What is crypto-currency and how does it work?
1) how would we secure reserves and if we would further push to become commercial ie offering services akin to visa.
2) in what form taxes would be paid
3) How do we interrelate with their national reserve
Services are easy to implement, difficulties arise from actually getting a country to accept and allow us to operate.

Anyone with Legal knowledge, please help.

[Jazkal]

we haven't given up. in fact we are simply trying to figure out a new path to get to the same place. The easiest way we have seen is a poolside attempt but we'll need to do further research.

Do you have anything written up about how you were planning to do it? I'm curious how you could be doing hashes for 2 coins at once without them being completely separate?
Were you just trying to work on 2 coins at once, splitting effort, or were you trying actually use the same hashes for 2 coins?

We are attempting to use the same hash. for now most work is kept under wraps since we would like to milk this cow for a bit before we tell people how we got it working. I myself am not really working on it since i have been pushing the Noirbank idea.

Who is working on this? If you aren't, please tell us who is, so we can look more into this.

[oatmo]

we haven't given up. in fact we are simply trying to figure out a new path to get to the same place. The easiest way we have seen is a poolside attempt but we'll need to do further research.

Do you have anything written up about how you were planning to do it? I'm curious how you could be doing hashes for 2 coins at once without them being completely separate?
Were you just trying to work on 2 coins at once, splitting effort, or were you trying actually use the same hashes for 2 coins?

We are attempting to use the same hash. for now most work is kept under wraps since we would like to milk this cow for a bit before we tell people how we got it working. I myself am not really working on it since i have been pushing the Noirbank idea.

Who is working on this? If you aren't, please tell us who is, so we can look more into this.

I'll second that. I'm interested in the low level details of how the mining process works (that relates to my other project too), and I'm a pretty smart person (with 50+ patents, etc.), so I may be able to help you out, and also learn what I need to know in the process.

[Jazkal]

Just an FYI....

Noirbits is currently at 149% profitability as compared to mining BTC.

[stbgefltc]

Which site did you get that information from ?

BTW, noirbits.com is up, thanks to TheRick for his great job !

[Jazkal]

Which site did you get that information from ?

I figured it out myself. this mornings number is 267%.

[solracx]

we haven't given up. in fact we are simply trying to figure out a new path to get to the same place. The easiest way we have seen is a poolside attempt but we'll need to do further research.

Do you have anything written up about how you were planning to do it? I'm curious how you could be doing hashes for 2 coins at once without them being completely separate?
Were you just trying to work on 2 coins at once, splitting effort, or were you trying actually use the same hashes for 2 coins?

We are attempting to use the same hash. for now most work is kept under wraps since we would like to milk this cow for a bit before we tell people how we got it working. I myself am not really working on it since i have been pushing the Noirbank idea.

Great work so far on Noirbits.   Glad to see some active development behind the coin.   

Hope to have some good technical collaboration in the future.  ZenithCoin (ZTC) has slightly different timing (2.5 minutes, 24 coins) and a more aggressive FIR based re-target algorithm.   Very problematic to perform merge coins without the same specs as the parent.

[TheRickTM]

Which site did you get that information from ?

I figured it out myself. this mornings number is 267%.

Once I get more time this week, I'll try putting these numbers and calculators on the website. As well I'll add the API from the different pools to reflect the numbers as part of the site. Try to make it more like bitcoin charts in the pools section.

If anyone else has any suggestions for the web page please let me know. Also if you find any issues with it please PM me.

[de_xt]

Which site did you get that information from ?

BTW, noirbits.com is up, thanks to TheRick for his great job !

You don't need a website for this. You can figure it out on your own, instead of waiting for coinchoose to list it.

Hint: https://bitcointalk.org/index.php?topic=213580.0

[stbgefltc]

Which site did you get that information from ?

BTW, noirbits.com is up, thanks to TheRick for his great job !

You don't need a website for this. You can figure it out on your own, instead of waiting for coinchoose to list it.

Hint: https://bitcointalk.org/index.php?topic=213580.0

Yeah but you know... laziness...

[oatmo]

Coinmine no block for 3 hours.. looks dead again.. network hash is down to 4.8m. Looks like another crash.

[barwizi]

checkpoint 17058 pushed just in case, i'll start looking at things on my end, please pool owners check on yours. I am working on an updated version of the windows client.

[barwizi]

I'm also temporarily moving half my cards to solo mining to encourage spread of hash power

[stbgefltc]

Right, I'm gonna update... Can't move my miners off the pool though I'm back @ work...

Also something's definitely off, miners-united supposedly has 195% of the network's hashing power...

[stbgefltc]

Allright, pool's updated with latest checkpoint.

[barwizi]

http://www.digitalcurrencytalk.com/index.php/topic,11459.0.html


check out the thread.