[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0

[hunkster]

So this reward halving thing that people have been saying will boost the price up... isn't going to happen?

Nope, its already included in price pretty much.

What's included in price?

[yorich]

1000 doge to the first person that can explain p2p pool to me... here's my question:

I set up a p2ppool node, so i can mine myself on the p2ppool network....
according to this, i should have a few thousand doge over the last hour, but the only payout i've received in the last 10 minutes or so was for 484 doge.  will these payouts come later?  I'm confused how, especially mining on my own node, that the shares/doge payouts correlate.  

Yorich,
Did you get 256 Doge before the 484 and 1.04k Doge (1,040-ish) before that?
Even the P2P pool takes a small fee from what you earn...

The only thing I've gotten so far, are the following:

143.205...
92.545...
427.456...
288.160...
and now 484.086... (verifying)

nothing up around 1040, unless you start adding some of those together.  some of those are from a previous run, I had to reboot the host the vm is running on, so stopped the pool for a bit.   Since it started back up all I've seen so far is 484.086.   I'll let it run for 24 hours to see if it starts catching up, but I'm wondering why the pool says i should've received more..  I've also checked the wallet in the pool to make sure it wasn't getting dumped in there...

Edit:

If i click on "payout", i see my address (DQdV2mSh6EQjYxh77dd3vsqDgUZG1CWCo9) listed, and right now it says 561.48512943, but the payout info on dogechain.info does not show any of the most recent payouts besides the ones mentioned.  I'll let it go for 24 hours or so to see if the payments are really 24 hours behind, I was under the impression that once p2ppool payments started showing up, they came in fairly regularly.   I was averaging around 2500 doge / 90 minutes previously on nut2pool....so I'm basing p2pool (maybe i shouldn't run my own node) off that.

[digitaltradz]

1000 doge to the first person that can explain p2p pool to me... here's my question:

I set up a p2ppool node, so i can mine myself on the p2ppool network....
according to this, i should have a few thousand doge over the last hour, but the only payout i've received in the last 10 minutes or so was for 484 doge.  will these payouts come later?  I'm confused how, especially mining on my own node, that the shares/doge payouts correlate.  

Yorich,
Did you get 256 Doge before the 484 and 1.04k Doge (1,040-ish) before that?
Even the P2P pool takes a small fee from what you earn...

The only thing I've gotten so far, are the following:

143.205...
92.545...
427.456...
288.160...
and now 484.086... (verifying)

nothing up around 1040, unless you start adding some of those together.  some of those are from a previous run, I had to reboot the host the vm is running on, so stopped the pool for a bit.   Since it started back up all I've seen so far is 484.086.   I'll let it run for 24 hours to see if it starts catching up, but I'm wondering why the pool says i should've received more..  I've also checked the wallet in the pool to make sure it wasn't getting dumped in there...

What you are seeing is an amount if a block is found now.  As long as you have everything setup correctly, you should start seeing Doge.  As for the fee, you set the fee for your node, not the network since in p2pool you share in TX fees.   P2pool is almost like solo miing, no fees and maturity can take 1-2 hours. When diff was lower, that was about the total time to maturity.   I mined p2pool for about a month before the diff got to high for my hash power to make a dent.  It was about 10%-20% higher return than regular pools at that time.

[Cor2]

1000 doge to the first person that can explain p2p pool to me... here's my question:

I set up a p2ppool node, so i can mine myself on the p2ppool network....
according to this, i should have a few thousand doge over the last hour, but the only payout i've received in the last 10 minutes or so was for 484 doge.  will these payouts come later?  I'm confused how, especially mining on my own node, that the shares/doge payouts correlate.  

Yorich,
Did you get 256 Doge before the 484 and 1.04k Doge (1,040-ish) before that?
Even the P2P pool takes a small fee from what you earn...

The only thing I've gotten so far, are the following:

143.205...
92.545...
427.456...
288.160...
and now 484.086... (verifying)

nothing up around 1040, unless you start adding some of those together.  some of those are from a previous run, I had to reboot the host the vm is running on, so stopped the pool for a bit.   Since it started back up all I've seen so far is 484.086.   I'll let it run for 24 hours to see if it starts catching up, but I'm wondering why the pool says i should've received more..  I've also checked the wallet in the pool to make sure it wasn't getting dumped in there...

Yorich,
Your first picture cannot be a payout overview, because it is opdated exactly every 168 seconds and it varies from just over 2 to just over 1k so it can't be the pool difficulty level either. It could be some running estimate of how much you could earn if a block was found right then, based also on the shares you submitted, which are varying a lot over time with the luck that your GPU has in finding matches in the data that it received... The payouts will be based on when a block is actually found, and the reward chosen (between 1 and 1M Doge) so the estimates are just that - an indication of how much you could earn at that point, but depending on the pool hash rate, it may take a while (an hour or so) before a block is actually found and then the reward may still be higher or lower...

[yorich]

1000 doge to the first person that can explain p2p pool to me... here's my question:

I set up a p2ppool node, so i can mine myself on the p2ppool network....
according to this, i should have a few thousand doge over the last hour, but the only payout i've received in the last 10 minutes or so was for 484 doge.  will these payouts come later?  I'm confused how, especially mining on my own node, that the shares/doge payouts correlate.  

Yorich,
Did you get 256 Doge before the 484 and 1.04k Doge (1,040-ish) before that?
Even the P2P pool takes a small fee from what you earn...

The only thing I've gotten so far, are the following:

143.205...
92.545...
427.456...
288.160...
and now 484.086... (verifying)

nothing up around 1040, unless you start adding some of those together.  some of those are from a previous run, I had to reboot the host the vm is running on, so stopped the pool for a bit.   Since it started back up all I've seen so far is 484.086.   I'll let it run for 24 hours to see if it starts catching up, but I'm wondering why the pool says i should've received more..  I've also checked the wallet in the pool to make sure it wasn't getting dumped in there...

Yorich,
Your first picture cannot be a payout overview, because it is opdated exactly every 168 seconds and it varies from just over 2 to just over 1k so it can't be the pool difficulty level either. It could be some running estimate of how much you could earn if a block was found right then, based also on the shares you submitted, which are varying a lot over time with the luck that your GPU has in finding matches in the data that it received... The payouts will be based on when a block is actually found, and the reward chosen (between 1 and 1M Doge) so the estimates are just that - an indication of how much you could earn at that point, but depending on the pool hash rate, it may take a while (an hour or so) before a block is actually found and then the reward may still be higher or lower...

Thanks.  I'm running my own node, since most of the ones in a public list had high pings.  If it doesn't improve in the next few hours I'm going to switch back to nut2pool.   From what I read about p2pool, it doesn't matter your hash rate or if you run your own node, since you contribute to the whole p2pppool... so hash rate shouldn't matter, is this not the case?    Can you and the previous guy shoot me your addresses?  I'll tip you both  1k


Update:  SUCH PROFIT! lol so i just had a 773, 1300, and 1100 deposit come in from mining... so it's coming in slowly.  I'll see how it compares in 24 hours to 24 hours on nut2pool.

[Cor2]

OK, here another pool question that has me puzzled and I am suspecting something fishy going on:
- if a pool has a combined hashrate of say 3GH/s
- while the Net hashrate is 90GH/s
- and the difficulty is stable (future difficulty is equal to current difficulty since blocks are found every minute)
Then I would expect, since the Net hashrate is 30x the hashrate of the pool, that the pool will find every 30th block on average
and since blocks are found every minute on average, the pool should find a block every 30 mins, so on average 48 per day, right?
What if I look at the statistics of the pool and I see that instead of the above fictional (but mathematically correct) block rate
the pool shows that only half the blocks are found as expected (only 24/day instead of 48 blocks found, so 1 per hour on average)
When I check the list of blocks found, I see indeed that they are right on that target - every hour a block is found on average,
which does not jive with the fact that the pool has 1/30th of Net hashrate so should be finding at double the rate...

Now, to make it all more clear - there is another pool with similar hashrate, say it is 2 times higher (6GH/s) and I check the statistics for that pool. Lo and behold - that pool is finding a block exactly every 15 minutes on average, because it is running 1/15th of the net hashrate.

So, what is happening at the first pool? Is one of their servers corrupt and are they somehow losing every other block (Dogecoin lost)?
Or are the operators corrupt and stealing every other block instead of paying out?
How can a pool consistently find only half the blocks that it should - that is statistically very unlikely, right?

[BitQuick.net]

hey guys, we just launched shibadice.com , a dogecoin dice game. Check us out today!!!

[Cor2]

3rd run for our dogegame, it has now reset, don't miss the chance to make 150% Doges from your gamble!

The fastest and most secure way to lose your Doge!
Gamble more = lose more.
Thanks, but I don't like being a bag holder, that is why I hodl Doge ;-)

[Socrate.]

http://dogecoincity.com/

Get in game!

[Cor2]

Seriously, does anyone know a good pool? I've been reading this topic and everyone telling something different.
pool.dogechain.info seems to pay way to less than what I should get.
Is dogehouse any better?

try http://fast-pool.com
but remeber dogecoin have many factors and mining have many factors so...there is not such thing like pool paying less

SheepOnDrugs has a good point and it is not my "feeling", but it is simply the payout and the statistics on the website
showing that dogechain.info is paying half of the calculated expected value.
Initially I was mining with one pool but saw their expected payout not matching with my actual payout, so I switched to dogechain.
After waiting for PPLNS to settle and averaging over a couple days, I now find that their payout is half what I *calculated*.
I got just over 2500 Doge for almost 3 days of mining with 210kh/s and instead of 800/day I should get close to 1500/day.
So, I switched to another pool again and already I see more than double the payments.
So, indeed - there *is* a problem with dogechain and there *are* pools that pay less if they are not running correctly.
See my other post about what I think is the root cause of the problem - either server or operator. I hope I am wrong
but statistics averaged over many days do not lie...

[Cor2]

http://dogecoincity.com/
Get in game!

Thanks for the link, now I can enjoy clicking "Ignore this user" one more time!

[phaddie]

So this reward halving thing that people have been saying will boost the price up... isn't going to happen?

Nope, its already included in price pretty much.

So you think it is not going up when the reward halves?

[yorich]

Cor2, 1k sent your way, digitaltradz send  me your address

[hunkster]

So this reward halving thing that people have been saying will boost the price up... isn't going to happen?

Nope, its already included in price pretty much.

So you think it is not going up when the reward halves?

Isn't there talk about not halving the reward?

[phaddie]

So this reward halving thing that people have been saying will boost the price up... isn't going to happen?

Nope, its already included in price pretty much.

So you think it is not going up when the reward halves?

Isn't there talk about not halving the reward?

I have heard nothing of this talk you speak of.

[hunkster]

So this reward halving thing that people have been saying will boost the price up... isn't going to happen?

Nope, its already included in price pretty much.

So you think it is not going up when the reward halves?

Isn't there talk about not halving the reward?

I have heard nothing of this talk you speak of.

hopefully not

[aimnano]

https://pool.chunky.ms/doge/site_assets/chunky/img/chunky_small_1.png

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[DRobert]

So this reward halving thing that people have been saying will boost the price up... isn't going to happen?

Nope, its already included in price pretty much.

So you think it is not going up when the reward halves?

Two things will happen: It will go up or down. And it also depends what miners will do.

I suspect the dip happened because people want to cash out out of fear of losing their money. Call these people "panic sellers".

Dogecoin could very much go even lower than it is at now (155 satoshis). I doubt it. I think it'll go up soon due to a pump or demand. People might panic buy wanting to get their million or more coins. According to Satoshi, or Bitcoin information, the price of a coin in demand goes up once the reward halves due to it becoming more scarce along with the cost of mining. There is a chance Dogecoin could jump up to 270-300 satoshis soon after the halving.

I bought in at 155 satoshis again because I think it will go up and the bottom of this recent dip was reached.

[blade87]

My first buy point is 100-120. My second all in whatever BTC I have available is under 80, if it gets there. I'm more or less just basing this off previous BTC bubble activity (the one that happened in April, and then how prices moved over the next few months).

I already knew about this 5% inflation a long time ago. It's not a big deal, and in fact good for the long term of DOGE as it will keep miners on it and not solely rely on fees to operate once 100B is reached. Once the 100B cap is reached, it will take at least 14 years for the supply of coins to double at 5% per year. That's like a millennium in the crypto market.  

I'd actually rather the 5% inflation than a hard cap of 100B myself. I don't want a QRK scenario to happen with DOGE.

[hunkster]

My first buy point is 100-120. My second all in whatever BTC I have available is under 80, if it gets there. I'm more or less just basing this off previous BTC bubble activity (the one that happened in April, and then how prices moved over the next few months).

I already knew about this 5% inflation a long time ago. It's not a big deal, and in fact good for the long term of DOGE as it will keep miners on it and not solely rely on fees to operate once 100B is reached. Once the 100B cap is reached, it will take at least 14 years for the supply of coins to double at 5% per year. That's like a millennium in the crypto market.  

I'd actually rather the 5% inflation than a hard cap of 100B myself. I don't want a QRK scenario to happen with DOGE.

What's this QRK scenario?