[ANN] GIL, fun and fast. Now accepted at Coingas!! Difficulty Fix! Upgrade ASAP!

[sal002]

I don't know if it helps, but, law of averages, it should be an average size of 30

While I'd like to do that, I know that for ever block under 30, someone would yell at me for my averages being off .

[Hydroponica]

I don't know if it helps, but, law of averages, it should be an average size of 30

While I'd like to do that, I know that for ever block under 30, someone would yell at me for my averages being off .

Gil's difficulty, is not 83,000....

[sal002]

I don't know if it helps, but, law of averages, it should be an average size of 30

While I'd like to do that, I know that for ever block under 30, someone would yell at me for my averages being off .

Gil's difficulty, is not 83,000....

You need to refresh or wait.  Fixed

[8bitfish]

If you downloaded 7.2.1, please see OP for 7.2. Newer client, needs more testing first.
7.2, will atleast remove the LTC network warnings, its a start

Thanks, running on 7.2 now, it synced right away, network warnings are gone,
difficulty is at ~0.20, seems its increasing slowly but steady  

[Lauda]

Wallet works here, nice.

[8bitfish]

GIL is now listed on CoinChoose. Very nice

[Hydroponica]

GIL is now listed on CoinChoose. Very nice

Yeah, but the block reward is set to 10, even though the average block reward, is ~30.75, making it kind of useless.

[8bitfish]

GIL is now listed on CoinChoose. Very nice

Yeah, but the block reward is set to 10, even though the average block reward, is ~30.75, making it kind of useless.

The funny thing is, in theory that would be 750% profitability right now.

I do get an average block size of ~32, but block generation takes way more time than it should according to calculations I did with https://www.litecoinpool.org/calc, so its not as profitable for me..
I'm hashing below 1 MH/s though, so that might factor into it

[sal002]

GIL is now listed on CoinChoose. Very nice

Yeah, but the block reward is set to 10, even though the average block reward, is ~30.75, making it kind of useless.

Ok - well, I can remove the coin entirely, if you prefer. I can't put 30.75 because there are blocks that are less than that (and I'd rather show the minimum to err on the side of caution).  Just let me know and I will remove it.

[Hydroponica]

GIL is now listed on CoinChoose. Very nice

Yeah, but the block reward is set to 10, even though the average block reward, is ~30.75, making it kind of useless.

Ok - well, I can remove the coin entirely, if you prefer. I can't put 30.75 because there are blocks that are less than that (and I'd rather show the minimum to err on the side of caution).  Just let me know and I will remove it.

ARG's block reward is 1 to 5, and you put 3, which is the average block value. If you aren't going to use a value that more accurately displays profitability, for GIL, like you did for ARG, then yes, please remove it from CoinChoose.

[sal002]

GIL is now listed on CoinChoose. Very nice

Yeah, but the block reward is set to 10, even though the average block reward, is ~30.75, making it kind of useless.

Ok - well, I can remove the coin entirely, if you prefer. I can't put 30.75 because there are blocks that are less than that (and I'd rather show the minimum to err on the side of caution).  Just let me know and I will remove it.

ARG's block reward is 1 to 5, and you put 3, which is the average block value. If you aren't going to use a value that more accurately displays profitability, for GIL, like you did for ARG, then yes, please remove it from CoinChoose.

ARG I took a leap on since it was a small variance from the average and only did it after detailed analysis was given to me to show that not only the average but the mean was 3 (and there were minimal deviations away).  GIL is a much bigger variance and I can just see the screaming.  

If you can run an analysis against all mined blocks, show me the mean and media for the coins plus if the range is between 25 - 35 (within one standard deviation), I am happy to put it at 30 blocks.  Or if there is a way to programmatically get the block reward for the next block (and accurately reflect that), I can implement that function to update the block reward.

 Otherwise - I will remove it when I have a chance per your request.

[Hydroponica]

GIL is now listed on CoinChoose. Very nice

Yeah, but the block reward is set to 10, even though the average block reward, is ~30.75, making it kind of useless.

Ok - well, I can remove the coin entirely, if you prefer. I can't put 30.75 because there are blocks that are less than that (and I'd rather show the minimum to err on the side of caution).  Just let me know and I will remove it.

ARG's block reward is 1 to 5, and you put 3, which is the average block value. If you aren't going to use a value that more accurately displays profitability, for GIL, like you did for ARG, then yes, please remove it from CoinChoose.

ARG I took a leap on since it was a small variance from the average and only did it after detailed analysis was given to me to show that not only the average but the mean was 3 (and there were minimal deviations away).  GIL is a much bigger variance and I can just see the screaming.  

If you can run an analysis against all mined blocks, show me the mean and media for the coins plus if the range is between 25 - 35 (within one standard deviation), I am happy to put it at 30 blocks.  Or if there is a way to programmatically get the block reward for the next block (and accurately reflect that), I can implement that function to update the block reward.

 Otherwise - I will remove it when I have a chance per your request.

Actually, someone did devise a way, to predict next block reward. Let me find it. It will be integrated into the client, eventually, I got side tracked by biger issues

[Hydroponica]

New Client!! Big fixes!!

http://www.mediafire.com/download/5vysu6c77h8zzid/gil-qt-V7.2.Final.rar - V7.2.Final - Removed LTC network alert.
 - Resolved issue, where client was trying to sync with LTC Network.
- When using command getmininginfo, line has been added, showing next block reward.
- Can now use command getnextblockvalue in console, to get next block reward

See OP for any needed instructions!!

[8bitfish]

Well, I've mined 16 blocks so far, totalling in 526 GIL, which is a solid average of 32.875 Coins.
Screenshot of wallet: http://s7.directupload.net/images/130827/uoxv6ibl.jpg

This is just a small scale example obviously, but with the blockchain there's going to be some way to calculate the average of all Blocks mined until this point I guess

[sal002]

- When using command getmininginfo, line has been added, showing next block reward.
- Can now use command getnextblockvalue in console, to get next block reward

PERFECT!!!!!  I will switch from the Block Explorer to this as this solves my issue!!


Thanks!

[Hydroponica]

- When using command getmininginfo, line has been added, showing next block reward.
- Can now use command getnextblockvalue in console, to get next block reward

PERFECT!!!!!  I will switch from the Block Explorer to this as this solves my issue!!


Thanks!

How ever you wanna do it. But, also, here's the formula for Mean value;

ARG - (1+2+3+4+5)/5=3
GIL - (10+11+12+13+14+15+16+17+18+19+20+21+22+23+24+25+26+27+28+29+30+31+32+33+34+35+36+37+38+39+40+41+42+43+44+45+46+47+48+49+50)/40=30.75

Now, it may fluctuate either way, ~3 points, but, it is fairly accurate.

[sal002]

- When using command getmininginfo, line has been added, showing next block reward.
- Can now use command getnextblockvalue in console, to get next block reward

PERFECT!!!!!  I will switch from the Block Explorer to this as this solves my issue!!


Thanks!

How ever you wanna do it. But, also, here's the formula for Mean value;

ARG - (1+2+3+4+5)/5=3
GIL - (10+11+12+13+14+15+16+17+18+19+20+21+22+23+24+25+26+27+28+29+30+31+32+33+34+35+36+37+38+39+40+41+42+43+44+45+46+47+48+49+50)/40=30.75

Now, it may fluctuate either way, ~3 points, but, it is fairly accurate.

Second formula is just an average, but I also need the median.  Also, the analysis I got for ARG was for all mined blocks since inceptions showing it was three.  That being said, I switched to the new client and am using that.

[8bitfish]

I knew it, we're on top of the list concerning profitability
This will attract new miners, which is good, I don't mind operating on a higher difficulty..

[Sy]

Is this normal?

tail -f debug.log

getblocks 90501 to 00000000000000000000 limit 500
  getblocks stopping at limit 91000 5d40afb41d9a46f3e289
getblocks 1 to 5788757483cb148be233 limit 500
  getblocks stopping at limit 500 9738b253ec17d46c7fa3
getblocks 501 to 00000000000000000000 limit 500
  getblocks stopping at limit 1000 2a21d27fe31c6a3a83fa
getblocks 1001 to 00000000000000000000 limit 500
  getblocks stopping at limit 1500 747f0adce7ef81e22e4e
getblocks 1501 to 00000000000000000000 limit 500
  getblocks stopping at limit 2000 72ed1675decbbd96a6b9
getblocks 2001 to 00000000000000000000 limit 500
  getblocks stopping at limit 2500 a8baeca5176d395714fd
getblocks 2501 to 00000000000000000000 limit 500
  getblocks stopping at limit 3000 f98e547f4c63648d55b4

and round and round it goes...

[Lauda]

I knew it, we're on top of the list concerning profitability
This will attract new miners, which is good, I don't mind operating on a higher difficulty..

Currently only 150% of BTC.