[ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor

[thedude11]

Difficulty has changed. Our profit will fall?

Difficulty drop equals more coins which equals more or equal profit most of the time. Difficulty rise equals less coins. However block reward is slowly decreasing so you'll be getting less coins overtime and less profit but that corresponds to price of coin.

I was making before changing daily 1.2 million. Current 500,000 seems. Fine?

Depends on your hash rate and current difficulty and block reward. Right now with 300khs 155k block reward and a difficulty of 1.9 you should be getting roughly 500k/day.

[thedude11]

Difficulty has changed. Our profit will fall?

Difficulty drop equals more coins which equals more or equal profit most of the time. Difficulty rise equals less coins. However block reward is slowly decreasing so you'll be getting less coins overtime and less profit but that corresponds to price of coin.

I was making before changing daily 1.2 million. Current 500,000 seems. Fine?

The question is who's getting the other 0.7 million?
Assuming we still have the same number of miners with the same proportions of hashrate.

Uh no one is getting the extra .7 mill doesn't even make sense. This is how increasing nfactor scrypt jane algorithm works. Eventually difficulty will decrease to a point were you will be receiving a little less coins than you were with nfactor 10 since block reward is steadily decreasing.

[volkantipi]

Profitability was very good but now bad. : (

[zerxus]

Uh no one is getting the extra .7 mill doesn't even make sense. This is how increasing nfactor scrypt jane algorithm works. Eventually difficulty will decrease to a point were you will be receiving a little less coins than you were with nfactor 10 since block reward is steadily decreasing.

That's my point - our earnings roughly must be the same as before.

Who can explain - what should be the normal speed with current nFactor comparing to the previous one?
I had 200-210 on R9 270X, now I'm getting 80-90 KHs.
Same proportion with my other cards - the speed has dropped by 55-60 percent.

Already played with intensity, TC, lookup gap settings.
Increasing or descresing any of them gives me lower hash rates or many HW errors.

[Hilux74]

its not complicated....it takes a while for the diff to drop in relation to the reduced hash.  Once it does, more or less you should make the same.

[shango]

Difficulty has changed. Our profit will fall?

Difficulty drop equals more coins which equals more or equal profit most of the time. Difficulty rise equals less coins. However block reward is slowly decreasing so you'll be getting less coins overtime and less profit but that corresponds to price of coin.

I was making before changing daily 1.2 million. Current 500,000 seems. Fine?

The question is who's getting the other 0.7 million?
Assuming we still have the same number of miners with the same proportions of hashrate.

What do you mean who? There are just less coins generated now. That is the whole point - the N factor slows the coin mining encouraging trading and spending of the coin rather than mining and piling up coins

[zerxus]

What do you mean who? There are just less coins generated now. That is the whole point - the N factor slows the coin mining encouraging trading and spending of the coin rather than mining and piling up coins

I mean that every 32 seconds the network discovers a block which costs roughly 155000.
On average, everybody gets their share in the same proportion as their speed divided by network hash rate.

For example, lets say yesterday network hash rate was 1 GHs and my hash rate was 1 Mhs.
That means that on average I was getting 155000/1000=155 MRC every 32 seconds.

Lets say today network hashrate is 450MHs.
Guess how much coins would I earn if my hash rate dropped to 450 KHs?

If I'm getting 70 MRC instead of 155 - that means that my hashrate in proportion to the network is not 1/1000 anymore.
Which means that somebody else had managed to get their speed higher.

[halibit]

What do you mean who? There are just less coins generated now. That is the whole point - the N factor slows the coin mining encouraging trading and spending of the coin rather than mining and piling up coins

I mean that every 32 seconds the network discovers a block which costs roughly 155000.
On average, everybody gets their share in the same proportion as their speed divided by network hash rate.

For example, lets say yesterday network hash rate was 1 GHs and my hash rate was 1 Mhs.
That means that on average I was getting 155000/1000=155 MRC every 32 seconds.

Lets say today network hashrate is 450MHs.
Guess how much coins would I earn if my hash rate dropped to 450 KHs?

If I'm getting 70 MRC instead of 155 - that means that my hashrate in proportion to the network is not 1/1000 anymore.
Which means that somebody else had managed to get their speed higher.

It's possible, but because diff dropping slowly, you can see real situation after some hours.

[svojoe]

This is a good thing!

Yes,  you will have to adjust some of your miner settings,  lower TC, adjust settings etc.  But what just happend was MRC just became much "MUCH" harder to mine.  And essentially ASIC resistant for the next-long-while.

I think this is a turning point for MRC.   Nfactor is how to keep GPU's and thus "US" in the battle!

[shango]

how much more do you expect the diff to drop ?
I am not able to calculate how many coins / day one can make now with his hashrate, as the standard formula does not apply to scrypt-jane and i don't know how to calculate this properly.

[digitalixz]

What do you mean who? There are just less coins generated now. That is the whole point - the N factor slows the coin mining encouraging trading and spending of the coin rather than mining and piling up coins

I mean that every 32 seconds the network discovers a block which costs roughly 155000.
On average, everybody gets their share in the same proportion as their speed divided by network hash rate.

For example, lets say yesterday network hash rate was 1 GHs and my hash rate was 1 Mhs.
That means that on average I was getting 155000/1000=155 MRC every 32 seconds.

Lets say today network hashrate is 450MHs.
Guess how much coins would I earn if my hash rate dropped to 450 KHs?

If I'm getting 70 MRC instead of 155 - that means that my hashrate in proportion to the network is not 1/1000 anymore.
Which means that somebody else had managed to get their speed higher.

zerxus, this only proofs that you are bad in math - for the last n-factor your hash power was 1/1000th of the network, for the current n-factor your hash power remains the same 1/1000th of the network, so i don't see any difference

[NoobSauce]

weird , my TC stayed the same and all I had to do was lower my gpu engine 15mhz. actually I raised my TC on my other cards to the higher one. guess I should do more playing with settings, but my miner seems to have display driver issues after random periods of time, then miner stops if I go too high. Bad when you are sleeping.

[MicroCC]

This is a good thing!

Yes,  you will have to adjust some of your miner settings,  lower TC, adjust settings etc.  But what just happend was MRC just became much "MUCH" harder to mine.  And essentially ASIC resistant for the next-long-while.

I think this is a turning point for MRC.   Nfactor is how to keep GPU's and thus "US" in the battle!

There is no ASIC miners that are designed for scrypt-jane. Basically this coin is becoming gpu resistant not ASIC resistant. What the devs should have done was activate the Nfactor when actual ASICs start being deployed for this kind of coin. Please don't tell me about how cpu mining is going to help this coin out because it's not. There are already a lot of cpu mined coins out there and theres a greater disparity of wealth with those types of coins as compaired to gpu mining.

[sakkosekk]

What do you mean who? There are just less coins generated now. That is the whole point - the N factor slows the coin mining encouraging trading and spending of the coin rather than mining and piling up coins

I mean that every 32 seconds the network discovers a block which costs roughly 155000.
On average, everybody gets their share in the same proportion as their speed divided by network hash rate.

For example, lets say yesterday network hash rate was 1 GHs and my hash rate was 1 Mhs.
That means that on average I was getting 155000/1000=155 MRC every 32 seconds.

Lets say today network hashrate is 450MHs.
Guess how much coins would I earn if my hash rate dropped to 450 KHs?

If I'm getting 70 MRC instead of 155 - that means that my hashrate in proportion to the network is not 1/1000 anymore.
Which means that somebody else had managed to get their speed higher.

zerxus, this only proofs that you are bad in math - for the last n-factor your hash power was 1/1000th of the network, for the current n-factor your hash power remains the same 1/1000th of the network, so i don't see any difference

Everyone gets the same piece of the pie as before, right?

[DjNorad]

Everyone gets the same piece of the pie as before, right?

right...

network diff has already lowered to 1.37 at the moment an is still descending....  let the network diff settle to a almost constant level and then your reward will be at least the same again....

only bad thing is, that the network diff changes so slowly....  it will be app. 1 whole day to descend for the new n-Factor...

[bitcoin carpenter]

have to say.... despite this coin consistantly losing me money, I still think it is the most well developed big reward coin out there

[NoobSauce]

I didn't mean cpu's coming in now would be good, I mean when block reward is 1,000 and all of us have probably started mining another coin, unless MRC does extremely well and is worth mining at a 5 or so reward per block (after pool payouts). If that's the case ill be a certified whale 

[MicroCC]

I didn't mean cpu's coming in now would be good, I mean when block reward is 1,000 and all of us have probably started mining another coin, unless MRC does extremely well and is worth mining at a 5 or so reward per block (after pool payouts). If that's the case ill be a certified whale 

I hope they make the POS very strong kinda like mint coin in this case. Hell I hope they make it strong POS anyway maybe then miners would have incentive not to sell over 300 million coins at 3 satoshi

[Fablio2]

Is there CPU miner for microCoin?

[svennand]

Soo what are people able to get with their cards?

Im running 130Khash on each of my 280X cards

Some of em use Thread-concurrency 16384, I 12
While some other use Thread-concurrency 16384, I 12 AND lookup-gap 3 (to avoid hw errors)

Card clocks are 1080/1000

Anyone able to run any more stable?