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Author Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS  (Read 1052964 times)
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ctenc001
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January 11, 2014, 04:17:57 PM
 #661

I apologize for the large red text; I just feel like this issue keeps getting overlooked and is dragging a coin I am heavily invested in down.

You know, I understand the whole 51% thing... In fact, 4 times now I have raised the fee and disabled registration. For some odd reason, when I get people to move their miners to other pools, they can't keep them. I'm not sure why that the other pools are having such hard issues with this. Seeing that you have been attacking my pool for the past couple days is beyond me. The only thing I can say is, try to hold on to those miners, if you can't. Then maybe something is wrong with your pool or customer service or whatever the case may be. I will not be dragged in to the dirt by other pool operators. I do my best to maintain a high-quality environment for the users of my pools. And I will continue to do this for my users and the community. I take precautions to try to stay below the 51% but I am only one pool.

I'm not trying to attack you, I'm trying to keep this coin healthy. I think you've done a good job so far trying to keep your hash down, but you can always do better.

When there is 1 big pool, and 6 tiny pools the big pool looks better. It takes over an hour to find 1 block on a small pool depending on difficulty, and the big pool finds a couple an hour. Even if at the end of the day the total reward is the same, the perception is that the big pool earns more for the user.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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January 11, 2014, 04:24:10 PM
 #662

Here is my issue. I have a 5 mh/s machine. I have been mining on a smaller pool for 4 days now. I am getting about 30% of the coins I am supposed to be getting. How is this fair to me to stick with a small pool? I want to support the small guys but I have a significant investment and killing myself for the betterment of a pool is stupid business. When I was @ valid error, I was getting what I was supposed to. The second I leave, I get nothing compared to what I was getting over there. If someone has a solution to the problem by all means please put it out there, however I can't continue to do it unless someone is going to start sending my about 300k coins a day for free. Otherwise, I have to go where I know I am getting paid.
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January 11, 2014, 04:25:21 PM
 #663

At this point in time whatever we do we need to stop removing/making it difficult for people to stay mining with us in one particular pool - it is affecting the hashrate and perception of the stability of the coin at the moment. We've got a lot going for us but we need to at least get back to the initial 300MH/s rather than these fluctuations.

If we can stabilise at that rate again then I will actively push and promote to appear on an exchange or two - as this will then take us to the next necessary level to prevent us from floundering where we are now. We're being as active and transparent as we can be, moreso than coins around us with 10x the hash-rate. Whatever we're missing - we need to change it to get back to where we were yesterday.

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January 11, 2014, 04:27:53 PM
 #664

Here is my issue. I have a 5 mh/s machine. I have been mining on a smaller pool for 4 days now. I am getting about 30% of the coins I am supposed to be getting. How is this fair to me to stick with a small pool? I want to support the small guys but I have a significant investment and killing myself for the betterment of a pool is stupid business. When I was @ valid error, I was getting what I was supposed to. The second I leave, I get nothing compared to what I was getting over there. If someone has a solution to the problem by all means please put it out there, however I can't continue to do it unless someone is going to start sending my about 300k coins a day for free. Otherwise, I have to go where I know I am getting paid.

This is due to stale jobs and orphans. When a pool is that large, they'll find and complete jobs at the same time as you but faster, negating your efforts. This will always be the case until the big pool is broken up. It has nothing to do with pool settings, or reliability.
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January 11, 2014, 04:27:58 PM
 #665

Can we please stop with the enormously large red text - bold/red at normal size is fine if you need to get a message out, this just makes it difficult to read.
+1
Зaeбaли yжe!
ctenc001
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January 11, 2014, 04:31:11 PM
 #666

At this point in time whatever we do we need to stop removing/making it difficult for people to stay mining with us in one particular pool - it is affecting the hashrate and perception of the stability of the coin at the moment. We've got a lot going for us but we need to at least get back to the initial 300MH/s rather than these fluctuations.

If we can stabilise at that rate again then I will actively push and promote to appear on an exchange or two - as this will then take us to the next necessary level to prevent us from floundering where we are now. We're being as active and transparent as we can be, moreso than coins around us with 10x the hash-rate. Whatever we're missing - we need to change it to get back to where we were yesterday.

We are missing a healthy mining environment.

I'd never have joined this coin if I knew it was so off balance. I'm sure many others feel the same way. 

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January 11, 2014, 04:32:12 PM
 #667

At this point in time whatever we do we need to stop removing/making it difficult for people to stay mining with us in one particular pool - it is affecting the hashrate and perception of the stability of the coin at the moment. We've got a lot going for us but we need to at least get back to the initial 300MH/s rather than these fluctuations.

If we can stabilise at that rate again then I will actively push and promote to appear on an exchange or two - as this will then take us to the next necessary level to prevent us from floundering where we are now. We're being as active and transparent as we can be, moreso than coins around us with 10x the hash-rate. Whatever we're missing - we need to change it to get back to where we were yesterday.

I believe that one of the issues is that having a few of the miners with the highest hash rate on the same pool sets the pool to be attractive or not because you get new blocks more often. I was mining on a smaller pool almost alone and was really getting very low income and moved to valid-error. I'll switch back again to another one (for the coin sake) knowing that my income will be greatly reduced.

If some of the high rate hashers could balance themselves between 2 or 3 pools would be the best. Unfortunately they are all as anonymous.
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January 11, 2014, 04:46:48 PM
 #668

OK we had it spread evenly 3-ways just now, just a couple of big miners moving on and off throughout the day. Just need some more people on board to spread it out more consistently. Smiley

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January 11, 2014, 04:54:47 PM
 #669

noblecoins.cryptotycoons.com has reduced there fees to .5%
enjoy!
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January 11, 2014, 04:56:02 PM
 #670

At this point in time whatever we do we need to stop removing/making it difficult for people to stay mining with us in one particular pool - it is affecting the hashrate and perception of the stability of the coin at the moment. We've got a lot going for us but we need to at least get back to the initial 300MH/s rather than these fluctuations.

If we can stabilise at that rate again then I will actively push and promote to appear on an exchange or two - as this will then take us to the next necessary level to prevent us from floundering where we are now. We're being as active and transparent as we can be, moreso than coins around us with 10x the hash-rate. Whatever we're missing - we need to change it to get back to where we were yesterday.

I believe that one of the issues is that having a few of the miners with the highest hash rate on the same pool sets the pool to be attractive or not because you get new blocks more often. I was mining on a smaller pool almost alone and was really getting very low income and moved to valid-error. I'll switch back again to another one (for the coin sake) knowing that my income will be greatly reduced.

If some of the high rate hashers could balance themselves between 2 or 3 pools would be the best. Unfortunately they are all as anonymous.

Big or small, i think all miners are looking at the results and making the same decision you did, do go back to valid-error where blocks are found in avg. 115% of shares. On the smaller pools that number is upwards of 300%. I'm not sure what to make of those numbers but all I know is, I too received a lot less coin from the small pools than on the large one.

I'm moved over to a smaller pool again, will let it run a while and check the results. Frankly If I'm still only getting a fraction of what earned with valid-error, sorry but I'm not going to throw my hashpower away and waste potential income. That's the same decision I think most of us would make?

We just really need to get the net hashrate up again. Hoping the other crap coins will die away soon and people will come here.
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January 11, 2014, 05:17:12 PM
 #671

From the most alt coins this thread/topic has the information to make this coind a succes imo.

Keep up the good work and get the faith of more ppl Smiley
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January 11, 2014, 05:23:13 PM
 #672

The net hashrate looks inaccurate, at least sometimes. Is this a known bug?

Also, difficulty is supposed to change every 30 blocks? Looks to me like it changes much more frequently. What's up with that?
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January 11, 2014, 05:30:01 PM
Last edit: January 11, 2014, 05:49:49 PM by HashHound
 #673

The net hashrate looks inaccurate, at least sometimes. Is this a known bug?

Also, difficulty is supposed to change every 30 blocks? Looks to me like it changes much more frequently. What's up with that?


I've got valid-error and cryptotycoons open, and they both show the same network hashrate.

However, something seems to be way off with the estimated coins per day at cryptotycoons.

With ~1000KH/s, cryptotycoons is saying I'm going to get around 1000 NOBLE per day.  Valid-error is saying that same hash rate will yield around 90,000 NOBLE per day.

Other than this, the pools are looking much healthier today.

Pleb
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January 11, 2014, 05:46:57 PM
 #674

@Rofo

Though it would take some (administrative) effort and good cooperation with several pool owners you could consider handing out substantial bonusses from the premine stash to miners that join and stay at some of the smaller pools for an extended period. Pool owners should be able to help you verify that.

If you reward those that switch to the low income pools so that their earnings per 24/h would come closer to those at valid-error, they would probably stay there longer.

After about 48 hours, we should have some sort of healthy balance spread over 4 pools or more.

*edit* moot point now I think, was just reading up on the backlog of post when I typed this Smiley
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January 11, 2014, 06:07:17 PM
 #675

Due to pressure to expand somewhere for trades to begin taking place (and to make it easier to approach merchants) we have actively started speaking to a few exchanges and are hoping to hit one within a few days. The release of particular coins has taken away some of our stable hashrate but we will stick with it and once their hype/fun dies down we feel we will return to the higher numbers. In the meantime we hope you stay patient with us as we take the step into exchanges (and the needed exposure that will bring us). There is no way we want what we have achieved so far to fail because of a deluge of coins that we feel are extremely 'gimmicky' next to what we're attempting.

Any calm and measured requests in threads for exchanges to consider us would be highly appreciated (we do not want 'to the moon'/bold colouring spam that is taking over these forums). Regards.

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January 11, 2014, 06:17:07 PM
 #676

Any calm and measured requests in threads for exchanges to consider us would be highly appreciated (we do not want 'to the moon'/bold colouring spam that is taking over these forums). Regards.
LOL besides the fact that when I see "to the moon" these days it makes me think "to 1 satoshi" Wink
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January 11, 2014, 06:31:49 PM
 #677

I wouldn't put this on exchange until the network has stable hash power that isn't constantly going 51% on valid-error. At least give it a week of stable hash. Plus premine vs mined coins is still way too high. I'd say either that or wait for mined coins to match premined. That way miners control at least half the supply.

I've also posted on some computer hardware forums in mining threads about the coin. Hopefully it will add and help stabilize network hash.
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January 11, 2014, 06:36:21 PM
 #678

We now have a second faucet up and running
(Thanks TheBitcoinMaster)
over at: http://www.thebitcoinmaster.com/noblecoin/

Rofo (OP)
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January 11, 2014, 06:38:32 PM
 #679

I've also posted on some computer hardware forums in mining threads about the coin. Hopefully it will add and help stabilize network hash.

Thanks blade, appreciate it. We're trying to balance moving forward with the coin (don't want to stagnate while hype-coins keep being released and get voted onto the exchanges) with not losing steam and hashpower as has happened slightly since Coinye. Cheers.

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January 11, 2014, 06:49:51 PM
 #680

We now have a second faucet up and running
(Thanks TheBitcoinMaster)
over at: http://www.thebitcoinmaster.com/noblecoin/

Repeating, manual faucet? Nice.
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