srs2xcvbnm
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February 10, 2014, 06:36:41 AM |
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22 blocks till reward halving
Shit, that was fast almost missed it
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If you liked my post or I helped- TIP me: ESqXdNgD4MX6zPxZHFNZZjewFSbUzgy3Do
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LeBarton
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February 10, 2014, 06:37:22 AM |
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My pool didn't mine any coin from the last 1000 blocks. Dump incoming for sure
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armaan56
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February 10, 2014, 06:39:47 AM |
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Way past 52k now!
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vaelrock
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February 10, 2014, 06:42:18 AM |
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Well the diff went from 28.31 at block 50999 to 2.24 at block 51000, and then to 0.00047765 at block 51280 (bottom I think) to go up again to 2 or 3 from block 51700 to block 51900. At block 52000, where the reward halved, the diff was at 13.68. So 1k blocks, or 2,500,000,000 TIPS were mined in less than 1 hour. Expect a big dump in the next hours (~1000 LTC).
This was a sort of instamine leading to free coins for some multipools/lucky miners.
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armaan56
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February 10, 2014, 06:43:40 AM |
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Well the diff went from 28.31 at block 50999 to 2.24 at block 51000, and then to 0.00047765 at block 51280 (bottom I think) to go up again to 2 or 3 from block 51700 to block 51900. At block 52000, where the reward halved, the diff was at 13.68. So 1k blocks, or 2,500,000,000 TIPS were mined in less than 1 hour. Expect a big dump in the next hours (~1000 LTC).
Do multipools dump it all at cheaper prices? that way I can sell now and buy when alot lower
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LeBarton
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February 10, 2014, 06:47:07 AM |
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Well the diff went from 28.31 at block 50999 to 2.24 at block 51000, and then to 0.00047765 at block 51280 (bottom I think) to go up again to 2 or 3 from block 51700 to block 51900. At block 52000, where the reward halved, the diff was at 13.68. So 1k blocks, or 2,500,000,000 TIPS were mined in less than 1 hour. Expect a big dump in the next hours (~1000 LTC).
Do multipools dump it all at cheaper prices? that way I can sell now and buy when alot lower There is such a flow of coins that it will probably go down. I just sold at 46. I will see in the coming hours if that was a smart move or not.
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vaelrock
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February 10, 2014, 06:52:14 AM |
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Well the diff went from 28.31 at block 50999 to 2.24 at block 51000, and then to 0.00047765 at block 51280 (bottom I think) to go up again to 2 or 3 from block 51700 to block 51900. At block 52000, where the reward halved, the diff was at 13.68. So 1k blocks, or 2,500,000,000 TIPS were mined in less than 1 hour. Expect a big dump in the next hours (~1000 LTC).
Do multipools dump it all at cheaper prices? that way I can sell now and buy when alot lower I have absolutely no idea. But if they do dump everything instantly, this should lead the price down to 42 litoshi, from the current 46. That's not a lot, and the price could rise pretty fast after that because of the reward halving. Could because there was less coin added on the market these past few days due to multipools abusing the diff retarget algo. The KGW will resolve the situation, but will lead to an increased amount of TIPS added each day, countering the reward halving in some way.
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 10, 2014, 06:52:31 AM |
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Can someone explaing what is going on? I did found couple of blocks at tips.notnull.org pool - no reward.
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kidyubyub
Sr. Member
Offline
Activity: 440
Merit: 250
http://taas.fund
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February 10, 2014, 06:54:39 AM |
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Questions guys, because I don't understand what it means: On my transaction page, in the status column I show 2 transactions as orphan. What does that mean to me? And how does it affect those coins?
Thanks in advance.
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LeBarton
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February 10, 2014, 06:54:51 AM |
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Can someone explaing what is going on? I did found couple of blocks at tips.notnull.org pool - no reward.
How could you find a block? I'm in the same pool and nothing was found these last 12h.
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 10, 2014, 06:56:32 AM |
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Can someone explaing what is going on? I did found couple of blocks at tips.notnull.org pool - no reward.
How could you find a block? I'm in the same pool and nothing was found these last 12h. I know (about the last 12h), but my cgminer reported founded blocks (two). I suppose that I'm not the only one who found some blocks...
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Fargusson
Sr. Member
Offline
Activity: 392
Merit: 250
Mummy! I've got a domain name now! fargusson.eth
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February 10, 2014, 06:57:31 AM |
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Can someone explaing what is going on? I did found couple of blocks at tips.notnull.org pool - no reward.
How could you find a block? I'm in the same pool and nothing was found these last 12h. I know (about the last 12h), but my cgminer reported founded blocks (two). I suppose that I'm not the only one who found some blocks... CgMiner reports shares, not blocks, I think.
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 10, 2014, 06:59:18 AM |
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Can someone explaing what is going on? I did found couple of blocks at tips.notnull.org pool - no reward.
How could you find a block? I'm in the same pool and nothing was found these last 12h. I know (about the last 12h), but my cgminer reported founded blocks (two). I suppose that I'm not the only one who found some blocks... CgMiner reports shares, not blocks, I think. Reports blocks too.. my CGWatcher did it as well...
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mmihai1978
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February 10, 2014, 07:03:20 AM |
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i think kgw is not working right.
block times are way way off (11 seconds instead of 60), diff is too low and should update every block.
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Fargusson
Sr. Member
Offline
Activity: 392
Merit: 250
Mummy! I've got a domain name now! fargusson.eth
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February 10, 2014, 07:05:02 AM |
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Questions guys, because I don't understand what it means: On my transaction page, in the status column I show 2 transactions as orphan. What does that mean to me? And how does it affect those coins?
Thanks in advance.
Orphans blocks are blocks first accepted by the majority of the network, but then rejected when a larger blockchain without the block in it is found. It actually means that this block will not be accepted, and that you will not get the corresponding TIPS...
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 10, 2014, 07:06:58 AM |
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Dump maybe has started..... f***....
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mmihai1978
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February 10, 2014, 07:07:31 AM |
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still, at this hashrate of 13 ghs, diff should be over 110.
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armaan56
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February 10, 2014, 07:07:57 AM |
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Dump maybe has started..... f***....
No worries, huge buy walls
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Fargusson
Sr. Member
Offline
Activity: 392
Merit: 250
Mummy! I've got a domain name now! fargusson.eth
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February 10, 2014, 07:08:34 AM |
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i think kgw is not working right.
block times are way way off (11 seconds instead of 60), diff is too low and should update every block.
And Net Hashrate is still going up and up...
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armaan56
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February 10, 2014, 07:08:43 AM |
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still, at this hashrate of 13 ghs, diff should be over 110.
Firstly, soz for double post. Something is most likely wrong, for some reason it isnt jumping up.
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