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Author Topic: [ANN] Catcoin - Scrypt meow!  (Read 470643 times)
IanFoxley
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January 04, 2014, 09:07:06 PM
 #5841

If you look now at block history, its found a few since the fork, I guess it was just slow at updating the shares. Hopefully will be ok now.

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Nullu
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January 04, 2014, 09:07:54 PM
 #5842

Is cryptsy on the new fork?

Apparantly they have been notified. I'm not touching my coins on coinedup until someone confirms they're on the new fork as well.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
Maverickthenoob
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January 04, 2014, 09:12:21 PM
 #5843

Diff is now 4.......

Board of Directors - Catcoin
Personal: CAT: 9pndWw3qmPiWm2jQRw5pRAVEfJN4LzaD1f  BTC: 1Jo1394CraTgC8bKFzDdEMdks2DroB6VBe
CAT Dev Donation CAT: 9gZpz58KzYr1WKBN8DfPkZPAEt5wfZ4UKT BTC: 1MeRkKfRRfC86BQWEx5gsq68bDHe7dgs3o
PyroTekNeks
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January 04, 2014, 09:13:07 PM
 #5844

Diff is now 4.......
Yeah...that's fucking weird.

http://scrypt.cc?ref=baaai
^^^SCRYPT CLOUD MINING SITE!!!^^^
TBCM
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January 04, 2014, 09:13:15 PM
 #5845

I have my faucet set up: Catcoin Purrer

Please donate 1 CAT so as I can check it works correctly and more people adopt Catcoin. I have set the reward to be 0.00005 CAT per use with a minimum of 0.001 CAT accumulated to withdraw.

vaelrock
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January 04, 2014, 09:13:55 PM
 #5846

We don't want coinwarz to update yet do we? as then there will be a flood of people again, also on coinium it still says 1881 blocks to dif change? so did you just change the DIF or the number of blocks until the update

Well yes and no. Coinwarz and the like caused the difficulty to rocket up to begin with, but because of the long time between difficulty, it stopped being profitable. Now that the difficulty changes are more regular, we WANT IT on coinwarz because it's going to be profitable again and consistently from now on.

Not that much if price doesn't go up.
With diff 16 it's currently the most profitable coin. In 1 hour or so difficulty will jump to at least 30, accounting the fact that many guys are still on the old chain. At 30 it's gonna be the most profitable on coinwars, but not so sure on coinchoose. Once everyone see this, hashrate will double at the very least, or even go up to 1GH/s, and make the difficulty go to 100+.
But with this difficulty, catcoin will be hardly more profitable than litecoin again.
So either catcoin will be treated as any other coins, and hashrate will constantly change a lot based on the difficulty retarget, and stay at current prices, or the community work pay off and price goes up, bringing even more hashrate, and find a balance at mush higher price (happened for DOGE).
Nullu
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January 04, 2014, 09:15:45 PM
 #5847

Diff is now 4.......

It's not meant to change that quickly is it? How many blocks was that?

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CatCoinForums
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January 04, 2014, 09:16:08 PM
 #5848

Difficultly has been decreased to 4. Be prepared for the mass flood of miners.
userpacman
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January 04, 2014, 09:16:15 PM
 #5849

Is cryptsy on the new fork?

Apparantly they have been notified. I'm not touching my coins on coinedup until someone confirms they're on the new fork as well.

I tried buying some catcoins on cryptsy. it worked, they're shown on the balance, I see other people buying too, price is going slightly up.

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Nullu
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January 04, 2014, 09:17:40 PM
 #5850

Is cryptsy on the new fork?

Apparantly they have been notified. I'm not touching my coins on coinedup until someone confirms they're on the new fork as well.

I tried buying some catcoins on cryptsy. it worked, they're shown on the balance, I see other people buying too, price is going slightly up.


Phew. I've emailed coinedup to be safe. If everyone can please contact Coinwarz and nag them to change over to the new fork; http://www.coinwarz.com/contact

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
liquidcpu
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January 04, 2014, 09:17:48 PM
 #5851

Did you create a new thread about this? It really deserves one.

No, but I did put it on reddit. Feel free to upvote it :-)

http://www.reddit.com/r/catcoins/comments/1ueu4r/catcoin_giveaway_1_cat_every_hour/

Also, thank you to whoever donated 25 CAT!
envy2010
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January 04, 2014, 09:18:44 PM
 #5852

Difficultly has been decreased to 4. Be prepared for the mass flood of miners.

Why did this happen? The net hashrate is that low?
BitchCoin
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January 04, 2014, 09:21:02 PM
 #5853

and here i am at university without my mining rig
envy2010
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January 04, 2014, 09:23:35 PM
 #5854

block target time 1 minute?Huh

That's the actual time? The target time is 10 minutes.
userpacman
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January 04, 2014, 09:24:51 PM
 #5855

Difficultly has been decreased to 4. Be prepared for the mass flood of miners.

Why did this happen? The net hashrate is that low?

Some people forgot to switch to new fork. It won't last long.

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vaelrock
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January 04, 2014, 09:26:08 PM
 #5856

Nobody ever spoke of a new retarget time, so it cannot be anything else than a bug of the new client.
Difficulty changed after 14 blocks instead of 36.
4 for 10mn target time ~= 28MH/s on the network. This is not possible.
p2pool.name
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January 04, 2014, 09:26:14 PM
 #5857

catchain.info now up to date !

Check out our p2pool-node at http://p2pool.name
TBCM
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January 04, 2014, 09:27:18 PM
 #5858

When somebody donates at least 0.01 CAT and I see everything works correctly I'll make a thread about my faucet - Catcoin Purrer

Nullu
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January 04, 2014, 09:28:56 PM
 #5859

Nobody ever spoke of a new retarget time, so it cannot be anything else than a bug of the new client.
Difficulty changed after 14 blocks instead of 36.
4 for 10mn target time ~= 28MH/s on the network. This is not possible.

I don't know how it's recalculated, but I believe it's always aiming for 10 minutes block time. Maybe it just needed another adjustment before it could get it right for the next change.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
envy2010
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January 04, 2014, 09:29:19 PM
 #5860

When somebody donates at least 0.01 CAT and I see everything works correctly I'll make a thread about my faucet - Catcoin Purrer

Whats the donation address?
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