••• [ANN][SMC] SmartCoin • KGW • Cryptsy • Reduced Block Rewards • Update your wallets • 10 EXCHANGE

[gavgav]

Is one of the pools still over 51%? smc.hash.so was it? I can't remember, but shouldn't people be aware of this potential problem?

smc.hash.so have ~50%+ now :/

Code:

Coin	Pool rate	 Net rate	 Difficulty
smc	482.3 MH/s      864 MH/s	  8.50960573

We need to look at these things

DEV - have you made ​​any Tool for this?

Maybe the front post should highlight other, largish pools.  I've been splitting my mining between xHash and DedicatedPool.  Both are generally 40+ mhash and both have been problem-free for me.

It may also be worthwhile to remove hash.so from the post.  There's nothing wrong with them - I mined there before they started to become such a huge part of the overall rate - but we do need to balance the hash.

+1

Agree with removing them from the first post for some time.

[smartmining]

Just in case you want to spread some hash: smc.smartmining.net

[rikkejohn]

SMARTCOIN - who stole my wallet?

It was there, then it had gone.

It was hosted on your domain, which is also gone.

[Symbiont]

SMARTCOIN - who stole my wallet?

It was there, then it had gone.

It was hosted on your domain, which is also gone.

 

[sq]

SMARTCOIN - who stole my wallet?

It was there, then it had gone.

It was hosted on your domain, which is also gone.

uf...

[silencesilence]

Why not come new miners, the coin is in the top 5 all day - http://www.coinwarz.com/cryptocurrency

perhaps because it is a new currency, the price is small and not so much quantity for 24 hours bought and sold on exchanges?

[jcarl987]

SMARTCOIN - who stole my wallet?

It was there, then it had gone.

It was hosted on your domain, which is also gone.

The Smartcoin domain is still there for me. It never had the online wallet on. There has been a ton of posts in this thread confirming it was a scam and the OP said not to use it for quite some time now. Sad that you lost your coins but you're directing your anger at the wrong place.

[Symbiont]

Why not come new miners, the coin is in the top 5 all day - http://www.coinwarz.com/cryptocurrency

perhaps because it is a new currency, the price is small and not so much quantity for 24 hours bought and sold on exchanges?

Keep cool. 8h since KGW. Be patient and be happy to get some more easy to mine or cheap coins.

[metstijl]

omg omg omg omg , price dropped back at 0.0001 , price was 0.000028 last week such loss , SELL SELL SELL

[metstijl]

oops

[Mathy]

Big fat warning to everyone who is mining on the P2Pool nodes. Apparently some of the nodes haven't updated their wallet yet (look at the 50% DOA of the pool).

So be smart, mine on a pool that has announced they updated already or your work is for nothing. Check if you are getting DOA on your pool!

To all the P2Pool node owners: please update your wallets!!!

Freily P2Pool node is already up-to-date :-) Be on the right side of the fork!

I discussed this issue with the P2Pool devs, the P2Pool network will automatically fragment between the good and the bad part and you will still get paid your shares as long as you mine on the good nodes.

P2Pool (1% fee) up here:

http://smartcoin.freily.com:9585

If you want to mine on it just use an address of your own as username, password doesn't matter.

Example:

Code:

cgminer --scrypt -o http://smartcoin.freily.com:9585 -u SWRAdrk56FgrGz3VFpwca4BJDSdNZfGb5y -p x

* No registration required!
* Your payout goes immediately to your wallet after the block drops, the confirmations will happen there

Incidentally, for people behind a proxy at work who want to check up on the pool, you can do so by using the HTTP port (don't use it for cgminer!)
http://smartcoin.freily.com

[silencesilence]

Net Hashrate - 1.10GH/s
things get rough       

[mmouse]

Big fat warning to everyone who is mining on the P2Pool nodes. Apparently some of the nodes haven't updated their wallet yet (look at the 50% DOA of the pool).

p2pool node smc.coinpools.de:9585 is up to date, too.

I discussed this issue with the P2Pool devs, the P2Pool network will automatically fragment between the good and the bad part and you will still get paid your shares as long as you mine on the good nodes.

Can just repeat this: DOA on other nodes don't affect your payout if you're mining on a correctly configured node.

[metstijl]

[Mathy]

Apparently the web-frontends for P2Pool are not reporting the found blocks, but there are actually blocks found, verifiable in the logs and also by the money coming in ;-)

[hash.so]

Is one of the pools still over 51%? smc.hash.so was it? I can't remember, but shouldn't people be aware of this potential problem?

smc.hash.so have ~50%+ now :/

Code:

Coin	Pool rate	 Net rate	 Difficulty
smc	482.3 MH/s      864 MH/s	  8.50960573

We need to look at these things

DEV - have you made ​​any Tool for this?

(repost from reddit: http://www.reddit.com/r/SmartCoin/comments/1xiyet/read_httpssmchashso_is_500mhs_and_entire_network/cfe9ljf)

It doesn't really matter how much of the network we have, also those numbers are misleading. Network hash rate updates much more slowly than our pools dashboard.

The page you should look at is this:

https://smc.hash.so/index.php?page=statistics&action=blocks

From there you can see that currently our pool only has about 33% of the network, not even near to the 51%.

That said, most of the time combined hashing power of hash.so (all the different coins) is well over 51% of the SMC network. If I wanted to do a 51% attack, I could just point all the miners to SMC. This holds obviously is true for all large pools and smaller coins. Say if you have a 5GH/s doge pool, you could easily point everyone to some "low" difficulty coin for a few minutes to do your evil deeds, the miners wouldn't even notice it.

(I posted this to BTCtalk: https://bitcointalk.org/index.php?topic=400893.msg4920872#msg4920872 a while ago).

The bottomline is that you need to trust the pool you are mining on. We try to be as transparent as possible so that people can mine with us, and I think our track record speaks for itself

[Mathy]

Just noticed that altexplorer their wallet is also not updated yet, they have been contacted already.

[sinnyc]

Is one of the pools still over 51%? smc.hash.so was it? I can't remember, but shouldn't people be aware of this potential problem?

smc.hash.so have ~50%+ now :/

Code:

Coin	Pool rate	 Net rate	 Difficulty
smc	482.3 MH/s      864 MH/s	  8.50960573

We need to look at these things

DEV - have you made ​​any Tool for this?

(repost from reddit: http://www.reddit.com/r/SmartCoin/comments/1xiyet/read_httpssmchashso_is_500mhs_and_entire_network/cfe9ljf)

It doesn't really matter how much of the network we have, also those numbers are misleading. Network hash rate updates much more slowly than our pools dashboard.

The page you should look at is this:

https://smc.hash.so/index.php?page=statistics&action=blocks

From there you can see that currently our pool only has about 33% of the network, not even near to the 51%.

That said, most of the time combined hashing power of hash.so (all the different coins) is well over 51% of the SMC network. If I wanted to do a 51% attack, I could just point all the miners to SMC. This holds obviously is true for all large pools and smaller coins. Say if you have a 5GH/s doge pool, you could easily point everyone to some "low" difficulty coin for a few minutes to do your evil deeds, the miners wouldn't even notice it.

(I posted this to BTCtalk: https://bitcointalk.org/index.php?topic=400893.msg4920872#msg4920872 a while ago).

The bottomline is that you need to trust the pool you are mining on. We try to be as transparent as possible so that people can mine with us, and I think our track record speaks for itself

Thanks for the info.  Just to be clear about my post a few pages back: I never meant to imply that your pool was "bad" or being nefarious in any way.  As I wrote, I've mined there myself and never had a single problem.  My suggestion to remove you guys from the OP here was solely to help spread out the network rate.

[kidyubyub]

Some clarification, please: If I understand this correctly (but since I am relatively new I could be totally off), anyone can find a block, but the slower your hash rate the harder it would be compared to the big guns finding it first? Do I have that right? If not, I know that I will be corrected. And I thank you in advance.

[metstijl]

We have the highest volume on coinmarket.io
Cryptsy can you see us?