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Question: Should StellitePay be released in an open beta?
Yes - 48 (88.9%)
No - 6 (11.1%)
Total Voters: 54

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Author Topic: [ANN][POW] 👾Torque👾 - decentralized node list via IPFS & ZeroNet  (Read 87207 times)
Mike6000
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March 06, 2018, 08:37:13 PM
 #1101

Why does the whole network have about 7.6 MH/s hash rate? but all listed pools add together only to have less than 1 MH/s hash rate. Is any big farm extracting these coins from their own pool?
What that doesnt make sense

It does make sense if it were true. It could mean that one farm could control most of coins and later manipulate the price.

It might be a Nicehash buyer. You also have to keep in mind that there are a lot of people who mine on private pools/solo mine. You can't expect to be able to add the network hashrate solely from the pools. This is the case for most coins. Even bitcoin which is the most known coin with little privacy has 10% of the network as "unkown".

Why do you mention Nicehash? Big losses at this Stellite price, Buying is much better. Only bots do not care the price because bots use others' resources. Centralization may kill this project. Redistribution of wealth to Hackers, Nice Project!

On what basis are you doing these assumptions, if I may ask? It's not even two months old and you are already saying it is being mined by bots? Why should they at this price?
https://www.cryptunit.com/

Only bots do not care the current price because no loss at all(Even Asic uses electric), I have seen bots in CPU only algorithms(no Nicehash) coin, and that coin does not have any exchange.

Greedy hackers are ruining this game.

So, I think if Big Hashrate reflect the price -> Nicehash, if not, Bots or Asic.

In this case, I suspect Bots.

What are you even talking about? Are you assuming botnets? I highly doubt there are botnets mining a coin this new with relatively low volume. Like I mentioned earlier it's probably a nicehash buyer since the nethash drops randomly from 7Mh/s to 4Mh/s. I do however agree it will likely become a bigger issue once the coin gets more attention. XMR and ETN are currently having issues with it.
the coin have problem,the block diff change so slow, it change diff after big hash coming 2hours,so they can mining over 500 blocks,about 4X normal blocks and the hash go this coin need 12hours to change diff to normal,so in this 12 hours you will ming vert less blocks, other coin do better,like itns ,they will change diff in a few minuts when big hash coming,and the hash going it only need 1-2hours changge diff to normal, we can mining normal.
but this coin looks dev for nicehash, so if you need this coin i recommend you buy it,you can mining out coin  sell then buy xtl

If it is this case, it is a big question? It would mean a big risk to hold this coin because more and more cheap coins are dumped into the market. It will be no hope for the rise of price. Dev should think about using the same method as IPBC coin took to protect your coins.
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March 06, 2018, 09:55:19 PM
 #1102

Its a new coin same thing happens with every coin the price stays low then boom. XTL is not an ico its a real coin
ArkadiyDeliev (OP)
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March 06, 2018, 11:44:20 PM
 #1103

Today, the situation changes again. Just one minute ago, the whole network from the community pool has 2.0 MH/s hashrate. However, in one of the pools (another pool), it presents about 6.0 MH/s hashrate, but simultaneously  its network hash rate still shows only 2.0 MH/s, yesterday, vice verse. Something must be wrong here.
Where are you checking the network hash rate? It always takes some time to update, definitely longer than the counter for the actual pool you're viewing it on.

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March 07, 2018, 12:56:22 AM
 #1104

http://cryptoknight.cc/stellite/
that guy is jumping from pool to pool.  often he has double the net hash algo . as much i see is sequence of 12hrs. how much time thake for diff to adjust.?
Mike6000
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March 07, 2018, 03:48:35 AM
 #1105

Network hash is about 12 MH/s , while the two major pools' hashrates are about 0.3 MH/s for community pool and about 0.58 MH/s for cryptoknight pool.

Is this normal?. Do not tell that 12 MH/s is an averaged network hashrate.
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March 07, 2018, 07:03:12 AM
 #1106

Another day another time to vote.
We are now at place 2  Huh get us back to place 1 and vote again on https://acc.vicex.io/acc/listing
ArkadiyDeliev (OP)
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March 07, 2018, 07:03:35 AM
 #1107

Network hash is about 12 MH/s , while the two major pools' hashrates are about 0.3 MH/s for community pool and about 0.58 MH/s for cryptoknight pool.

Is this normal?. Do not tell that 12 MH/s is an averaged network hashrate.
This is a good example of NiceHash use. When you are renting a few mega-hashes, which will make up more than half of the network hash rate, you are guaranteed to be mining almost every block. If you're going to be the reason for mining almost every block then it would be more than logical to either solo mine or set up a private pool as more coins will be earned.

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Mike6000
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March 07, 2018, 08:10:28 AM
 #1108

Network hash is about 12 MH/s , while the two major pools' hashrates are about 0.3 MH/s for community pool and about 0.58 MH/s for cryptoknight pool.

Is this normal?. Do not tell that 12 MH/s is an averaged network hashrate.
This is a good example of NiceHash use. When you are renting a few mega-hashes, which will make up more than half of the network hash rate, you are guaranteed to be mining almost every block. If you're going to be the reason for mining almost every block then it would be more than logical to either solo mine or set up a private pool as more coins will be earned.

ok, Dev, thanks. Is the algo particularly suitable or designed for nicehash extraction as someone noticed the difficult changing?

Please vote for this coin today!. I give a support for its IPFS and ZeroNet!
Mike6000
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March 07, 2018, 08:31:17 AM
 #1109

Network hash is about 11 MH/s , while the two major pools' hashrates are about 0.3 MH/s for community pool and about 0.5 MH/s for cryptoknight pool. The nicehash has been staying here for quite some time. A lot of money to spend on hiring nichhash? Is it profitable currently? Maybe, this guy bets this coin bright future.
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March 07, 2018, 08:39:35 AM
 #1110

FUCKING NICEHASH BLOCKING everywhere!!!!

NEW EXCHANGE TRADE NOW!

BTC XMR LTC DOGE pair! https://goo.gl/1jAGw1  BTC XMR LTC DOGE pair!
jsoap
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March 07, 2018, 09:08:25 AM
 #1111

Moved to 2nd spot on https://vicex.io/

Yeah man
stellite_question
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March 07, 2018, 09:14:08 AM
 #1112

Moved to 2nd spot on https://vicex.io/

Yeah man

We where 1ste place yesterday so keep on voting lets get back that number 1 position.
paderobin
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March 07, 2018, 10:56:37 AM
 #1113

Padarobin by my theory we are going neither up or down , people are just going away. already one customer check comments Smiley., DEVs is someone trying to time warp ?
Think these are still early days. Those moving away are the greedy ones that are only after quick buck.
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March 07, 2018, 11:14:13 AM
 #1114

Network hash is about 12 MH/s , while the two major pools' hashrates are about 0.3 MH/s for community pool and about 0.58 MH/s for cryptoknight pool.

Is this normal?. Do not tell that 12 MH/s is an averaged network hashrate.
This is a good example of NiceHash use. When you are renting a few mega-hashes, which will make up more than half of the network hash rate, you are guaranteed to be mining almost every block. If you're going to be the reason for mining almost every block then it would be more than logical to either solo mine or set up a private pool as more coins will be earned.

ok, Dev, thanks. Is the algo particularly suitable or designed for nicehash extraction as someone noticed the difficult changing?

Please vote for this coin today!. I give a support for its IPFS and ZeroNet!
We are working on changing the difficulty algorithm to LWMA which is the one used by IPBC and a few other small CryptoNote projects. This should eradicate the issues that users are having with NiceHash.

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Mike6000
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March 07, 2018, 11:54:21 AM
 #1115

Network hash is about 12 MH/s , while the two major pools' hashrates are about 0.3 MH/s for community pool and about 0.58 MH/s for cryptoknight pool.

Is this normal?. Do not tell that 12 MH/s is an averaged network hashrate.
This is a good example of NiceHash use. When you are renting a few mega-hashes, which will make up more than half of the network hash rate, you are guaranteed to be mining almost every block. If you're going to be the reason for mining almost every block then it would be more than logical to either solo mine or set up a private pool as more coins will be earned.

ok, Dev, thanks. Is the algo particularly suitable or designed for nicehash extraction as someone noticed the difficult changing?

Please vote for this coin today!. I give a support for its IPFS and ZeroNet!
We are working on changing the difficulty algorithm to LWMA which is the one used by IPBC and a few other small CryptoNote projects. This should eradicate the issues that users are having with NiceHash.

Excellent. This is a very good sign. Devs are listening to the community and taking actions. Good luck for this coin.
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March 07, 2018, 04:22:44 PM
 #1116

I would propose a difficulty algorithm that depends not only on past block times, but on the current time since last block.  With an exponential decay kicking in when the block time passes the target block time (or 2x block time, etc - could be parameterized or a function of some previous blocks like a 200 element moving average), it would not matter if a ton of hash power was previously involved in the preceding blocks, block time would quickly conform closer and closer to the target time.

This would avoid situations where, after a large hash created a high difficulty, then that hash power were removed, where it might take hours to find the next block.  You could have a fast acting difficulty measure to increase difficulty during high hash rates, and a fast acting fall off of difficulty when they leave, without a long block time on the first block found after the loss of that hash power.

However, some research would need to be done to see how easily this approach would be gamed by someone intermittently throwing large amount of hash power at the network.  I suspect that this would not be such a bad thing, but some scenarios would be worth investigating.

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March 07, 2018, 04:36:56 PM
 #1117

is there a delay in transactions atm been pending a while now
neodude84
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March 07, 2018, 10:39:01 PM
 #1118

Hello all,

we've just launched a new Europe-based Mining Pool for Stellite ! Please if you can support !

http://stellite.cryptonight-pool.eu

https://imgur.com/a/5h3kN

Thank you in advance!

Happy mining !
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March 08, 2018, 02:37:03 AM
Last edit: March 08, 2018, 06:04:14 AM by Abies
 #1119

Network hash is about 12 MH/s , while the two major pools' hashrates are about 0.3 MH/s for community pool and about 0.58 MH/s for cryptoknight pool.

Is this normal?. Do not tell that 12 MH/s is an averaged network hashrate.
This is a good example of NiceHash use. When you are renting a few mega-hashes, which will make up more than half of the network hash rate, you are guaranteed to be mining almost every block. If you're going to be the reason for mining almost every block then it would be more than logical to either solo mine or set up a private pool as more coins will be earned.

ok, Dev, thanks. Is the algo particularly suitable or designed for nicehash extraction as someone noticed the difficult changing?

Please vote for this coin today!. I give a support for its IPFS and ZeroNet!
We are working on changing the difficulty algorithm to LWMA which is the one used by IPBC and a few other small CryptoNote projects. This should eradicate the issues that users are having with NiceHash.

I see 3 pools which found all unconfirmed blocks(18 unconfirmed blocks +1 Maturity 0 ).

https://communitypool.stellite.cash/#/blocks (hash rate: 248.64 KH/s) - 8 unconfirmed blocks + 1 (Maturiy 0)

http://cryptoknight.cc/stellite/#pool_blocks (hash rate: 504.20 KH/s) - 8 unconfirmed blocks

https://stl.dreampool.info/#pool_blocks (hash rate: 59.35 KH/s) - 2 unconfirmed blocks

Therefore, Mysterious ~16 MH/s  - 0 unconfirmed  block

Whole network hashrate is 17.30 MH/s. Difficulty: 1111381158

How can you explain this situation? (I have suspected botnet for the Big network hashrate, but it was not real big network hashrate.)



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March 08, 2018, 03:20:35 AM
 #1120

Wow, What's happening. The network hashrate has reached 19 MH/s. But we do not have an idea who is behind these hashes. It could mean the price will jump or just vice verse. Let's see........ The mystery will be opened up.
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