[ANN] [SPOT] | SUCCESSFUL FORK COMPLETE - On CoinPayments.net/Cryptsy/Coins-e

[coinerd]

what about these spikes that go from 70k (while the pool claims 76 lmao) to 900K? Can you fix the hps math before anything else?

Because spots adjusts so quickly, some of the hash rate and difficulty figures seem, well, spotty.

It would appear that most of these issues are present in other coins, it's just not as noticeable that the figures returned for certain request methods are different across two blocks when it's something like every two thousand some-odd blocks with a coin like BitCoin. Very few people ever notice.

If you're not aware no wallet or client gives an accurate network hash rate, this is impossible.

By the same token, no pool can give you a truly accurate figure for the hash rate of it's miners.

Sometimes when the pool uses one estimation formula, and the client uses another, it looks odd. In both cases they're only estimates, based on past results and averaged out statistical figures. 

And they'll both become radically inaccurate if someone comes across a couple of lucky shares or blocks. Or if there's a particularly difficult streak.

Also an extra 800k spike in hash rate is typical when one of the hopping pools hits a coin.

[rpg]

Yes, everything is synced and accurate even after the 1 gHash spike. Difficulty already back down in the 16's  

i think the actual hash is around 110-120, based on the pools local rates. Not going to have my cards spinning on wrong hash. Each bock is supposed to average 100 seconds. This block now is going to be 1/2 hour

[iGotSpots]

Yes, everything is synced and accurate even after the 1 gHash spike. Difficulty already back down in the 16's 

i think the actual hash is around 110-120, based on the pools local rates

It's at about 465 mHash right now on the network

[kslavik]

what about these spikes that go from 70k (while the pool claims 76 lmao) to 900K? Can you fix the hps math before anything else?

Because spots adjusts so quickly, some of the hash rate and difficulty figures seem, well, spotty.

It would appear that most of these issues are present in other coins, it's just not as noticeable that the figures returned for certain request methods are different across two blocks when it's something like every two thousand some-odd blocks with a coin like BitCoin. Very few people ever notice.

If you're not aware no wallet or client gives an accurate network hash rate, this is impossible.

By the same token, no pool can give you a truly accurate figure for the hash rate of it's miners.

Sometimes when the pool uses one estimation formula, and the client uses another, it looks odd. In both cases they're only estimates, based on past results and averaged out statistical figures.  

And they'll both become radically inaccurate if someone comes across a couple of lucky shares or blocks. Or if there's a particularly difficult streak.

Also an extra 800k spike in hash rate is typical when one of the hopping pools hits a coin.

All you need to calculate profitability of the coin is its difficulty and the bid price on the exchange. Nobody should care about network hashrate or pool hash rate: just solo mine this coin when difficulty is low.

Pools and other websites are just inaccurate due to the bug (or a feature) inside the client (it is present as you said in other coin's clients as well): GetDifficulty and getmininginfo commands return data about the block which is already found and not about the block which currently mined (one block behind is too long for this coin). This bug will be fixed eventually or just smarter pools will start getting difficulty from "target" difficulty instead of "getdifficulty" command. So, I say: enjoy while it last: People in the know are already mining this coin when actual target difficulty is low and not based on the coinchoose data.

Edit: you can see actual difficulty from your cgminer: 100k for example = 1.52 (100k/65536=1.52)

Edit2: network difficulty is calculated based on the frequency of the submitted blocks at the given difficulty, so it is very inaccurate for Spots within small number of blocks.

[rpg]

Edit2: network difficulty is calculated based on the frequency of the submitted blocks at the given difficulty, so it is very random for Spots within several blocks time frame.

regardless, the math on this server is incorrect and that's why it took over 1 hour to mine one block. hint hint, the difficulty does not match the hash rate. hint hint 2, the formula that calculates the difficulty is broken

[kslavik]

Edit2: network difficulty is calculated based on the frequency of the submitted blocks at the given difficulty, so it is very random for Spots within several blocks time frame.

regardless, the math on this server is incorrect and that's why it took over 1 hour to mine one block. hint hint, the difficulty does not match the hash rate. hint hint 2, the formula that calculates the difficulty is broken

What server are you talking about? Are you talking about Spot client or are you talking about some pool?

Difficulty adjusts only based on the time it took to mine last 2 blocks and not based on anything else.

[rpg]

What server are you talking about? Are you talking about Spot client or are you talking about some pool?

Difficulty adjusts only based on the time it took to mine last 2 blocks and not based on anything else.

the network server. If SPOT uses only 2 blocks to calculate the difficulty that would explain these jumps.

[kslavik]

What server are you talking about? Are you talking about Spot client or are you talking about some pool?

Difficulty adjusts only based on the time it took to mine last 2 blocks and not based on anything else.

the network server. If SPOT uses only 2 blocks to calculate the difficulty that would explain these jumps.

There are no network servers in peer-to-peer network. There are only nodes: every Spot client is a node of the network and all of them agree on the difficulty change because they all have the same algorithm to calculate it: The target of the block is 70 seconds and for 2 blocks target is 140 seconds: if 2 blocks are found faster than 140 seconds, the difficulty will be adjusted up to compensate proportionally based on the actual time it took to find those 2 blocks and reverse is also true: if it took longer than 140 seconds to find 2 blocks, the difficulty will adjust down, so next two blocks shall be found in 140 seconds

[Muddied.info]

MLhPpUzyyDVBC7FwuPVRcTKFJDZHjWfqfG

*__*

[killdemon]

There is a big problem with cash out on pool http://spt.coinmine.pl/.

During on demand or automatic payout all unconfirmed coins are lost. I can not get in contact with  pool owner so i am using this thread. All the miners mining on this pool should double check if they have same issue.

[techbytes]

There is a big problem with cash out on pool http://spt.coinmine.pl/.

During on demand or automatic payout all unconfirmed coins are lost. I can not get in contact with  pool owner so i am using this thread. All the miners mining on this pool should double check if they have same issue.

Try doing a rescan of your wallet.  I have no issues with payment.


-tb-

[killdemon]

There is a big problem with cash out on pool http://spt.coinmine.pl/.

During on demand or automatic payout all unconfirmed coins are lost. I can not get in contact with  pool owner so i am using this thread. All the miners mining on this pool should double check if they have same issue.

Try doing a rescan of your wallet.  I have no issues with payment.


-tb-

Coins are dissapearing immediately when payout is done. I had almost 137 coins unconfirmed and 480 confirmed. I have received only 480. You can not receive unconfirmed coins from the pool, they should stay there and go to confirmed status and only after they can be transfered to another destination. Instead of that they have just dissapeared from my pool account. It happend again with auto payout.

[techbytes]

There is a big problem with cash out on pool http://spt.coinmine.pl/.

During on demand or automatic payout all unconfirmed coins are lost. I can not get in contact with  pool owner so i am using this thread. All the miners mining on this pool should double check if they have same issue.

Try doing a rescan of your wallet.  I have no issues with payment.


-tb-

Coins are dissapearing immediately when payout is done. I had almost 137 coins unconfirmed and 480 confirmed. I have received only 480. You can not receive unconfirmed coins from the pool, they should stay there and go to confirmed status and only after they can be transfered to another destination. Instead of that they have just dissapeared from my pool account. It happend again with auto payout.

Now that you brought this up, I noticed this happened to me yesterday but I paid no mind.  I had over 100 unconfirmed went to 0 when the auto payment kicked in.  Hopefully, the owner of the pool has an explanation for this.  If not, I'm moving my hashes.

-tb-

[iGotSpots]

I'll look into finding the pool op tonight. Keep me posted on the status of it, though, please. As soon as I finish my work that needs to get done asap I will look into this is there are still issues

[Entz]

Coins are dissapearing immediately when payout is done. I had almost 137 coins unconfirmed and 480 confirmed. I have received only 480. You can not receive unconfirmed coins from the pool, they should stay there and go to confirmed status and only after they can be transfered to another destination. Instead of that they have just dissapeared from my pool account. It happend again with auto payout.

Hmm, thats not good at all. I will have to keep a closer eye on mine as well .

Would be a good idea for everyone to disable auto payment until this is fixed.

[iGotSpots]

Just to keep you guys updated...

There are only about 50 shares left of the 100 total for public investment of iGotSpots, LLC, and available for only 0.4 BTC each, returning a guaranteed minimum 20% profit

For more information on these investments, as well as the Spots coin, and our company in general, please visit iGotSpots.com

Thanks for all the support so far. The Spots family really does have one of the best crypto communities to date! Wait until you see what we have coming tonight... 

[Entz]

Yeah bug confirmed


Definitely disable auto-payout if you are using http://spt.coinmine.pl/. No way of knowing just how many coins have been lost =/

[iGotSpots]

Yeah bug confirmed


Definitely disable auto-payout if you are using http://spt.coinmine.pl/. No way of knowing just how many coins have been lost =/

Coinmine or vircurpool or both?

[Entz]

http://spt.coinmine.pl/ Haven't tried any others (this is the pool I use)

[iGotSpots]

http://spt.coinmine.pl/ Haven't tried any others (this is the pool I use)

Ok I switched to vircurpool and suggest everyone else do the same until we hear from the pool op. I'll remove it from the op for now too.