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Author Topic: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor  (Read 367494 times)
Nutnut
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January 15, 2014, 12:43:56 PM
 #1241

On this particular coin - no. Far from it as the rewards is increasing constantly then will decrease. I could put any figure you like in there but its based on nothing. I picked 10k as the "reward" size per block for the calculator as that is what the final reward was to be. It's only cosmetic though. 100% of the block found is divided amongst the miners that mined it (less the fee of course).

Edit: I have now adjusted the calculator to base the calculation on 30000 per block. I'll adjust again in a few days to keep a closer reflection of the true blocks per day.

Nut

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goshev
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January 15, 2014, 01:07:28 PM
 #1242

@Nutnut

I have asked that already but it seems I cannot make this miner work for MRC:

http://yacointalk.com/index.php/topic,350.0.html

Have you tested any linux GPU miner for this coin? I have posted a ticket via the pool but I do not know how this ticketing works and if I will get a response which is the reason I am asking here as well.

Thanks and sorry for asking the same question two times.

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C3ALL
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January 15, 2014, 01:15:53 PM
 #1243

Hey guys an gals.... Just a quick post to explain the significance of the blocks page...

<snip>



Extremely useful information, thanks for this.  I had assumed that was what the figures represented, but did not know for certain.

This sort of information is extremely useful to new miners.  Also important not to look at individual blocks, but take an average overall.  At least then you can see that you are getting a good, fair and stable return for your hash power.

Next up, what the heck does PPLNS and other ways of splitting up the shares/blocks mean? Smiley

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Nutnut
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January 15, 2014, 01:16:25 PM
 #1244


Have you tested any linux GPU miner for this coin? I have posted a ticket via the pool but I do not know how this ticketing works and if I will get a response which is the reason I am asking here as well.


Already replied to the ticket.

The answer was effectively "no". I have room stacked with miners that are all linux and with no miner available fo the OS, i'm sticking to the other alts.

Devs, you REALLY need to work this out - no REAL miner runs windows on his miners so you are loosing out on market cap.

I have edited the ybc/yac miner but never got more than 20KH/s out of my 7970's/280x's. Went back to doge.  Undecided

C3ALL
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January 15, 2014, 01:19:29 PM
 #1245

I run my miners on windows, as I have about zero experience with linux and when I did get it installed, I couldn't figure out how to get mining software running on it, so gave up.  Installed windows and was up and running in half an hour.

Must spend some more time playing with linux to figure it out, but spare time is not something I have a lot of.   Still, if I build any more rigs, then I wont be paying for a windows license on each one, as Ive run out - so Ill have to get linux working.

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goshev
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January 15, 2014, 01:29:17 PM
 #1246

I have created an image using Ubuntu. It works way better than BATM and SMOS which have lots of modifications. I can share it if anyone is interested. It is ubuntu with the latest ATI drives and everything need to start mining scrypt or pretty much any other crypto as long as there is linux miner for it Smiley.

The image installation is extremely easy though. The only thing you will need to learn is basic command line and that is all. Will be happy to make image for linux mining with microCoin linux miner if the devs release that.

It will be nice to have both CPU and GPU miners for linux but probably the GPU productivity will get too low until miner is released Sad.

Will keep monitoring this threat for any updates.

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Nutnut
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January 15, 2014, 01:30:46 PM
 #1247

Hey guys an gals.... Just a quick post to explain the significance of the blocks page...

<snip>



Extremely useful information, thanks for this.  I had assumed that was what the figures represented, but did not know for certain.

This sort of information is extremely useful to new miners.  Also important not to look at individual blocks, but take an average overall.  At least then you can see that you are getting a good, fair and stable return for your hash power.

Next up, what the heck does PPLNS and other ways of splitting up the shares/blocks mean? Smiley

Oh boy.... here we go....  Grin

PPS

You get Paid Per Share. As you can see from the pools page, at present the estimated shares per round are 8184. so we simply take the block reward (to keep it simple we'll pretend the reward happens to 8184) and divide it by the number of shares to give a per share value.

Block size 8184/expected shares per block (8184) = 1 mrc per share.

Then every share you submit you get 1mrc regardless of whether a block is found or not. The risk is ALLon the pool op. When that number is green, the pool wins, red and the miners win. VERY risky for OPs and usually high fees (My pps pool also paid orphans!)


PPLNS

Difficult to describe in an easy to understand mannner but the block is dived amongst all miners but with a delay of x shares. The idea is that pool hoppers cant wait for a new round and then swing all their rigs in hoping to get a lucky round in. PPLNS pools have a ramp up period of say 25000 shares... you wont get fully paid untill you have submitted 25000 shares. You'll see dribs and drabs but you wont get you full reward until you pass the 25000 mark. N00b miners usually scream scammer at this point. Grin  YOU DO GET PAID FOR EVERYTHING. Once you stop mining on a PPLNS pool, you payouts will continue until your 25000 buffer is used up. It basically skews the rounds. (disclaimer: not 100% technically accurate but for the sake of simplicity.....)

PROP

very simply, every block that gets found get's divided amongst the miners based on the percentage of shares they submitted that round. It's what we run so you guys get paid quickly and don't have to wait for ramp-ups. At the round end, the shares are reset to 0 and you all start again. This is the best kind of pool to mine on (second to PPS but they are rare nowadays) if you switch pools/coins frequently.

They are the 3 main ones - the others are all tweaks based on the same. Coinotron for instance run RBPPS which is PPS but only pays at the end of the round and doesn't pay orphans. You still get the same amount as straight PPS but you have to wait a little.

Helpful?



Del137
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January 15, 2014, 01:41:56 PM
 #1248

I wonder, is it possible to make fake statistics on pool? And how to check it out?
Dont take it personal anyone, it dont tied with any pool or coin, just curious and we have good teacher here to explain  Wink
With Nfactor and Jane scrypts actual profit is hardly predictable.. Also even IF you calculate average income (MRC/hour with your average speed Mh/s in your wallet) you cant COMPARE it with others  Grin

So, maybe someone start making .XLS file gathering statistic from users of different pools who mine MRC and/or other coins?  Roll Eyes

PS why noone comment my MRC logo concept?  Shocked It so awful??  Cheesy
C3ALL
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January 15, 2014, 01:48:30 PM
 #1249


Oh boy.... here we go....  Grin

<snip pool paying methods explained>


Helpful?

Very helpful indeed!  Im sure myself and other relatively new miners appreciate the explanation.  Smiley

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Nutnut
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January 15, 2014, 02:06:55 PM
 #1250

I wonder, is it possible to make fake statistics on pool? And how to check it out?


Most pool ops value their reputation more than a few coins scraped from the miners. We (nut2pools) make our money on fees. That's why we charge them so we don't need to steal to fund our infrastructure as running a pool is EXPENSIVE (VPS is a no go - we have 6 dedi's atm). Couldn't realistically do that with out a fee....  

Me personally, I'm part of the feathercoin core dev team, part of the MPOS unofficial dev team (more so in the early days), I was one of the first ops to run MPOS pools and did untold testing (oh - and I named it!). I'm also a chan op in the official MPOS irc channel and have shared beers with a few of the "crypto celebs" (who shall remain nameless). Do you think I would risk my rep for a few extra coin?  neither would most Ops...

So - in answer to your question - yes it is. Anything is possible... would be a REAL PITA to do... and it wouldn't take long for the miners to find you out!

Edit - There's all kinds of stats available on the pool - have a dig around and ensure it all tallies up with your miners/expectations. Wink

Del137
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January 15, 2014, 02:12:26 PM
 #1251

Nutnut again, please dont take it personal, i had to write disclaimer earlier, just saw person, who may give me professional answers  Wink
Thank you for your explanations! Cheers!
Nanolucas
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January 15, 2014, 02:25:07 PM
 #1252

Thanks for explaining the share types, I had no idea what PPLNS was different to the other types. Good to know!

Nutnut
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January 15, 2014, 02:26:12 PM
 #1253

Wasn't taking it personal at all. Sorry if my reply seemed defensive wasn't the intention.

Just thought it would be worthwhile pointing out that actually, very few pool ops are scammers. They often get in over their head and break the DB or fail to appreciate the size of servers needed to run a large pool then have it all collapse around them but they don't intentionally scam people.

Most ops start a pool "coz it's cool" and want 5 minutes of fame... as we say in the MPOS chan, "Starting a pool is easy but running a pool is a tough job!".


Bansheroom
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January 15, 2014, 02:33:12 PM
 #1254

Nut, those statistics can be so easy manipulated, you know they are completly worthless?

They also dont reflect some changes you do regarding vardiff and other stratum settings, sure you can configure them so that they do, its just not worth the work, the result in coins is the same. There are differences between the pools, but you cant see them in the statistics.

Always get cryptonews, free bitcoins, free altcoins and free mining opportunities: follow @Bansheroom on Twitter
Del137
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January 15, 2014, 02:33:39 PM
 #1255

Most ops start a pool "coz it's cool" and want 5 minutes of fame... as we say in the MPOS chan, "Starting a pool is easy but running a pool is a tough job!".

You just ruin my dream making my own pool!  Grin Grin Grin
Nutnut
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January 15, 2014, 02:34:02 PM
 #1256

Thanks for explaining the share types, I had no idea what PPLNS was different to the other types. Good to know!

No worries, glad it helped.

If you are sticking with a coin/pool long term then PPLNS will deter pool hoppers from trying to swoop in on a quick win and may be best for you. that said though, Nowadays with the crazy fast block times, PPLNS is becoming more redundant so Prop is more the norm.

PPLNS was really all the craze when bitcoin/litecoin were the only currencies and it would take hours/days between blocks. A block would be found then all the pool hoppers dived in at the beginning of the new round hoping for a lucky/quick round and a high reward. With rounds only lasting a few seconds though, pool hopping for profits is pointless.

Nutnut
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January 15, 2014, 02:40:47 PM
 #1257

Nut, those statistics can be so easy manipulated, you know they are completly worthless?

They also dont reflect some changes you do regarding vardiff and other stratum settings, sure you can configure them so that they do, its just not worth the work, the result in coins is the same. There are differences between the pools, but you cant see them in the statistics.

You cant offset the coins earned in that period which makes up the checks and balances. If you were to do what you are suggesting (diff offset) the coins earned in the period would fall short and the miners would be able to see that - so no, they are not worthless at all. On a properly configured pool those stats mean a HELL of a lot.

Edit: There are other important stats there too... Ignoring the actual percentage that COULD be manipulated (i'll conced that), the blocks found is a hard and fast number, so are the numer of orphaned blocks. No stratum tweaking can hide that. Wink

Nutnut
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January 15, 2014, 02:56:51 PM
 #1258

Most ops start a pool "coz it's cool" and want 5 minutes of fame... as we say in the MPOS chan, "Starting a pool is easy but running a pool is a tough job!".

You just ruin my dream making my own pool!  Grin Grin Grin

If you want to play, go for it. set a pool up for yourself and see how you get on. Just don't "go live" until you fully understand what is happening. pools do break, crons fail, DBs get screwed and so on - you WILL need to fix it at some point. We are all still learning (myself included) and i encourage people to have a go. BUT try and fix it yourself rather than ask for help straight away. You'll learn more that way. Wink

goshev
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January 15, 2014, 03:38:34 PM
 #1259

Any idea if there is a source code archive of these windows miners posted from the developers of this coin? Or if I can get the source code of a miner I can try to compile for this scrypt-jane algo?

Do you guys think it will be ok if we get some cryptos together and pay someone to make that happen. It will be good not to reinstall all my rigs with windows.

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goshev
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January 15, 2014, 03:51:43 PM
 #1260


Have anyone tried compiling that.

https://bitcointalk.org/index.php?topic=247782.0

I will test it when I get back home but if anyone tried can you share what is the result?

69
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