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bee7
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January 16, 2014, 01:48:41 AM |
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Well, back to mining grain, and out of no where suddenly I have a stake of 709.116429 grain. Which is awesome.
Will I now start mining the stake? How does it work? I'm getting small mined transactions in my wallet, but I don't understand what that large stake is. Will it eventually transfer into my main balance?
Just take a look at your total balance time to time and you should note it  |
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bee7
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January 16, 2014, 01:55:56 AM |
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EDIT: Guys, let's respect one's private messages and not post them in the main thread.
The news about the pool operators not responding to devs are not that good actually. Yet I think they're holding their hands on faces and thinking how to implement PROPORTIONAL payments to all contributors. I am not a tech pro, so I don;t know if it is easy or difficult.
It depends of course on how long they keep the track of shares. As the payments are actually performed not immediately by the pool software and every person may have its own preferences on payment threshold there is no way to guess this info from block chain unfortunately. So the pool ops must be involved to make this compensation possible and done properly |
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Nullu
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January 16, 2014, 01:57:24 AM |
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Well, back to mining grain, and out of no where suddenly I have a stake of 709.116429 grain. Which is awesome.
Will I now start mining the stake? How does it work? I'm getting small mined transactions in my wallet, but I don't understand what that large stake is. Will it eventually transfer into my main balance?
Just take a look at your total balance time to time and you should note it Oh, my stake is gone, and it just went up I think. That's pretty cool. I didn't realise it did that. I thought they'd show as transactions. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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bee7
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January 16, 2014, 02:01:34 AM |
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Well, back to mining grain, and out of no where suddenly I have a stake of 709.116429 grain. Which is awesome.
Will I now start mining the stake? How does it work? I'm getting small mined transactions in my wallet, but I don't understand what that large stake is. Will it eventually transfer into my main balance?
Just take a look at your total balance time to time and you should note it Oh, my stake is gone, and it just went up I think. That's pretty cool. I didn't realise it did that. I thought they'd show as transactions. They must be shown. |
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bosian (OP)
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January 16, 2014, 02:08:13 AM |
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Well, back to mining grain, and out of no where suddenly I have a stake of 709.116429 grain. Which is awesome.
Will I now start mining the stake? How does it work? I'm getting small mined transactions in my wallet, but I don't understand what that large stake is. Will it eventually transfer into my main balance?
Just take a look at your total balance time to time and you should note it Oh, my stake is gone, and it just went up I think. That's pretty cool. I didn't realise it did that. I thought they'd show as transactions. "stake" for PoS is just like "immature" for PoW, after 50 confirmations (same as minted blocks for PoW), the coins in "stake" or "immature" will become mature and be added to the total balance. |
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Nullu
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January 16, 2014, 02:15:00 AM |
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Well, back to mining grain, and out of no where suddenly I have a stake of 709.116429 grain. Which is awesome.
Will I now start mining the stake? How does it work? I'm getting small mined transactions in my wallet, but I don't understand what that large stake is. Will it eventually transfer into my main balance?
Just take a look at your total balance time to time and you should note it Oh, my stake is gone, and it just went up I think. That's pretty cool. I didn't realise it did that. I thought they'd show as transactions. "stake" for PoS is just like "immature" for PoW, after 50 confirmations (same as minted blocks for PoW), the coins in "stake" or "immature" will become mature and be added to the total balance. Oh, I see. So what about these small amounts of grain I get as transactions? What are they? They differ from the stake? |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Blackmet
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January 16, 2014, 02:15:11 AM |
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Well, back to mining grain, and out of no where suddenly I have a stake of 709.116429 grain. Which is awesome.
Will I now start mining the stake? How does it work? I'm getting small mined transactions in my wallet, but I don't understand what that large stake is. Will it eventually transfer into my main balance?
Just take a look at your total balance time to time and you should note it Oh, my stake is gone, and it just went up I think. That's pretty cool. I didn't realise it did that. I thought they'd show as transactions. "stake" for PoS is just like "immature" for PoW, after 50 confirmations (same as minted blocks for PoW), the coins in "stake" or "immature" will become mature and be added to the total balance. Hell, now I know what that is for. Thanks for explanation. |
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bosian (OP)
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January 16, 2014, 02:19:07 AM |
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Pool owners (udjin123 and oktasama): we found the number of PoW blocks found by the pools as follows: 6 PoW blocks: 9StWjUHMHt3FfQXMKxtcDNRr3h26cKQKtQ oktasama's pool
222 PoW blocks: 97mHyuMsZC3RyU9p3JiX5xyDpYXDZZUFdj udjin123's forkpool
please confirm that you will distribute the complementary coins to miners, also we need you guys to comfirm the addresses, the pool addresses are always not very clear to me,  , so need your confirmation what address we should send. Then we will send the complementary coins to you. For all the rest, the coins will be sent to you by our script soon. Each PoW block will entitle 3000 GRAs compensation that we will send out soon (within a day or two). And afterwards this will be done automatically by our script on daily basis, until the issue is fixed or we change 12x to 3x for the pow adjustment. This might take up to a month or so. We don't want immediately another fork. |
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Nullu
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January 16, 2014, 02:38:27 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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mkimid
Sr. Member
 Offline
Activity: 336
Merit: 250
Have A Nice Day
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January 16, 2014, 02:48:25 AM |
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Pool owners (udjin123 and oktasama): we found the number of PoW blocks found by the pools as follows: 6 PoW blocks: 9StWjUHMHt3FfQXMKxtcDNRr3h26cKQKtQ oktasama's pool
222 PoW blocks: 97mHyuMsZC3RyU9p3JiX5xyDpYXDZZUFdj udjin123's forkpool
please confirm that you will distribute the complementary coins to miners, also we need you guys to comfirm the addresses, the pool addresses are always not very clear to me, , so need your confirmation what address we should send. Then we will send the complementary coins to you. For all the rest, the coins will be sent to you by our script soon. Each PoW block will entitle 3000 GRAs compensation that we will send out soon (within a day or two). And afterwards this will be done automatically by our script on daily basis, until the issue is fixed or we change 12x to 3x for the pow adjustment. This might take up to a month or so. We don't want immediately another fork. That's right, i haved checked with the block time and pool's block time. And, i think 3000 is too small, Because of x12 has stretched, and, it will go to 3x, Addtional x3 (12/3 - 1) is the fair amount, 1536 * 3= 4608 And, compensate x8/x64 blocks also ? Just kidding, In fact, i wish to make the difference way, Make a big events to get more miner instead of free coin, It will give us more benefit when consider the long term |
Have a nice day
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bee7
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January 16, 2014, 03:08:57 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating  |
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Nullu
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January 16, 2014, 03:13:32 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating Yeah, my wallet has to be open anyway, so I'll see how it goes. I'm glad I bought that stake, but I still think it's underpriced on coinedup. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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bee7
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January 16, 2014, 03:19:20 AM |
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Yeah, my wallet has to be open anyway, so I'll see how it goes. I'm glad I bought that stake, but I still think it's underpriced on coinedup. But you bought it cheap as I got. The value does not appear in the coin from the thin air. It is created by people. |
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Nullu
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January 16, 2014, 03:21:59 AM |
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Yeah, my wallet has to be open anyway, so I'll see how it goes. I'm glad I bought that stake, but I still think it's underpriced on coinedup. But you bought it cheap as I got. The value does not appear in the coin from the thin air. It is created by people. Yes, true, but now I'm generating interest, so buying early is a reward if the coin does gain value, which I believe it will, in time. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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WalkerLi
Full Member
Offline
Activity: 238
Merit: 100
hello world, hello crypto
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January 16, 2014, 03:22:52 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating If my hashrate is low, such as 1.4M, in the high difficulty, does solo mining can get any block? thanks. |
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bee7
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January 16, 2014, 03:51:54 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating If my hashrate is low, such as 1.4M, in the high difficulty, does solo mining can get any block? thanks. I have 5.6Mh presently. When I was seeking for the blocks mined since block 100k I found that 8 of these 300 are mine. The forkpool is having 7455 MH/s. It found approximately 222 blocks. If I were mining at forkpool I would get 5.6/7455×220 = 0.165258216 of the block reward. Worth it to mine solo? I think yes, it is. But it is completely possible that I did not find a single block at all during this time. When (if) the diff rise to the level of DOGE's one, for example, I would definitely switch to pool mining. We should always understand the risks and take them or not. |
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mkimid
Sr. Member
Offline
Activity: 336
Merit: 250
Have A Nice Day
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January 16, 2014, 04:09:09 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating If my hashrate is low, such as 1.4M, in the high difficulty, does solo mining can get any block? thanks. I have 5.6Mh presently. When I was seeking for the blocks mined since block 100k I found that 8 of these 300 are mine. The forkpool is having 7455 MH/s. It found approximately 222 blocks. If I were mining at forkpool I would get 5.6/7455×220 = 0.165258216 of the block reward. Worth it to mine solo? I think yes, it is. But it is completely possible that I did not find a single block at all during this time. When (if) the diff rise to the level of DOGE's one, for example, I would definitely switch to pool mining. We should always understand the risks and take them or not. Maybe 5.6/74.55x220 = 16.528? Because of they never over 100M yet, seems to be 75.55Mh, i guess Anyway, i am solo mining with 2Mh now, And, i can found around 18~20 blocks for 24 hours It is much less than QT 1.2, but, recently, network hashrate is reduced dramatically, I think, the net network hashrate is around 40~50M And, around 10 solo miners and two pool only. My addresses are 9J2KGj363dypL7BWPYJTjcWd9CehS3Z3Zq 9D3T2Z5naK5b7ECTgyXA8iUTzTikqzUpRp |
Have a nice day
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mkimid
Sr. Member
Offline
Activity: 336
Merit: 250
Have A Nice Day
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January 16, 2014, 04:11:12 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating If my hashrate is low, such as 1.4M, in the high difficulty, does solo mining can get any block? thanks. If I am, I will willing to do the solo mining, You may can get around 12 blocks a day, and 3000 free coins per block, So, it is similar with 36 blocks coin, |
Have a nice day
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WalkerLi
Full Member
Offline
Activity: 238
Merit: 100
hello world, hello crypto
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January 16, 2014, 04:14:01 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating If my hashrate is low, such as 1.4M, in the high difficulty, does solo mining can get any block? thanks. I have 5.6Mh presently. When I was seeking for the blocks mined since block 100k I found that 8 of these 300 are mine. The forkpool is having 7455 MH/s. It found approximately 222 blocks. If I were mining at forkpool I would get 5.6/7455×220 = 0.165258216 of the block reward. Worth it to mine solo? I think yes, it is. But it is completely possible that I did not find a single block at all during this time. When (if) the diff rise to the level of DOGE's one, for example, I would definitely switch to pool mining. We should always understand the risks and take them or not. At now,even I mined a new coin, difficulty less then 0.2, nethash about 14MH/S, but I get less then 1/10 blocks for few days, I confused about it, in the cgminer, it shows a lot of "new block detected on network before long poll" , what's that mean? Look forward to your reply. |
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Blackmet
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January 16, 2014, 04:20:14 AM |
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No idea if solo or pool is better at this point. Only one way to find out I guess. I'm guessing pool, but then super blocks..tough one.
The pool gives you less variance. From the other hand if you have some notable stake of coins like you, Nullu, it is reasonable to run the wallet 24h a day. Then why not mine solo? I do solo mine due to some more reasons. I always have 0% pool fees, no delays in getting paid and no worries that the pool sw has bugs or pool op is cheating Your arguments are absolutely unbeatable here. Please check the PM as well. |
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