Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer

[spikers]

Let me explain. Pool software has a whole set of cron jobs scheduled to run at a regular intervals of time. If even a small error occurs, pool automatically disables corresponding cron job. That's what has happened with vtc.poolz.net, at 6:31 AM EST the following message has arrived:

Error Code   E0062
Error Message   Block has no share_id, not running payouts

The problem was with the block number 29921. After that, blocks were being found but were invisible because of disabled cron job, responsible for accounting of newly found blocks. I woke up around 11 am, investigated the problem and fixed it. After that I enabled the cron job previously disabled by the pool sw. Blocks found during the time when the cron job was disabled got accounted and paid and now you can see that in fact from 6:30 to 12:11 we found 11 blocks.

Till the last time we had efficiency of 80-95% (means that we managed to find more blocks than we should in average). Last day our pool experienced multiple DDOS attacks (and other Vertcoin pools too). I spent lots of time and almost a whole night trying to mitigate these attacks (currently we have mod_evasive enabled only which helps to some extent), and our pool soon will be moved to a data center with AntiDDOS support. Because of the DDOS attacks our efficiency decreased a little bit, but I hope that we will catch up.

So in reply to the: "I think the big mining rigs have caught up and learned how to compile and tweak Vertminer", I can't say anything about other pools, but this one is not stealing your money for sure. 1% Pool fee gives me a bit more than my mining rig, but I'm spending more time to maintain it, compared to my mining rig. In the last 2 days I upgraded server powers twice - and now pool server's hardware allows to accommodate 5 times more miners than current amount.

Guys, I'm on vtc.poolz.net. They have 10% of the mining power, but haven't found a block in a few hours. Next difficulty is estimated to be 189!  Network hash rate is 5.2Ghash/s and climbing, which gives this coin a 10.4Ghash network in LTC Scrypt terms. I think the big mining rigs have caught up and learned how to compile and tweak Vertminer.  

VERTCOIN MINING POOL
http://vtc.poolz.net

- PPLNS 1% fee
- High Efficiency
- Vardiff on Stratum

Have been with your pool for a while mate and your efforts are greatly appreciated.  There have been a few hiccups along the way but most of us understand that this is a novel situation and no crypto-currency has been trouble free.  I don't think anyone could name a VC pool that hasn't had issues over the last few days - I personally lost about 60 VTC as orphaned due to the whole wallet/gravity pool change - despite doing everything right.  The current issues are more minor and I think it makes sense for everyone to make sure they have fallback pools - I personally use at least 2.  Incidentally might help to have a forum to post info for the pool and somewhere to report issues when/if you get a chance.   Am not a huge miner but am donating 2% in the hopes it will help to keep you going.  All the best and keep up the good work,

Arif.

Thank you very much for your understanding of the situation and for the donation as well!

[1714880179]

1714880179

[1714880179]

1714880179

[HinnomTX]

PPLNS or p2pool? Can you post your settings?

Pplns, I20, TC 24550, engine 1070, mem 1500. powertune +50, You're welcome

Thanks, I'll check them out tonight.

[rentarocker]

Here comes the bounce!  Now the fun part...reversal to new heights?  Rally to earlier peak and decline?  Or the dreaded 'dead cat?'

I'm betting on the first option.

[TEX_Coin]

Can anyone repost updated stats that show the breakdown of wallets that own large number of VTC? (or give me the link to see that info)  The last one I saw was several days ago, and I would love to see the distribution now that the roller coaster ride is almost over.

[opet]

Does it always take hours for mined coins to confirm on http://vtc.poolz.net/, or is something broken?

^^^ anyone?  It's going on 4+ hours without any of my mined VTC confirming in that pool.  Is this normal, or is something broken?

[aybey]

when the bounce comes trolls suddenly disappear:)

[Romir]

Can anyone repost updated stats that show the breakdown of wallets that own large number of VTC? (or give me the link to see that info)  The last one I saw was several days ago, and I would love to see the distribution now that the roller coaster ride is almost over.

Earlier today someone posted this update:

Balance      Num. Addresses  Total          % of All Coins
100000-      0               0              0.0
10000-99999  18              391081.4488    26.158
1000-9999    250             661729.4028    44.261
100-999      1089            336033.2410    22.476
10-99        2407            101178.5764    6.768
1-9          1244            4737.5183      0.317
0-0.999..    59986           239.8106       0.016

Total coins                  1495050

[luthan]

should i care more about the hash rate or the WU number?
i noticed that after i put my 290x at 1045 engine, hash rate went down a bit, but WU went up a bit.  no HW either.

[bengtåke]

Can anyone repost updated stats that show the breakdown of wallets that own large number of VTC? (or give me the link to see that info)  The last one I saw was several days ago, and I would love to see the distribution now that the roller coaster ride is almost over.

As of just a few minutes ago:

Code:

Highest single address balance: 50001.00000000 VTC

Balance      Num. Addresses  Total          % of All Coins
100000-      0               0              0.0
10000-99999  18              381409.1992    25.185
1000-9999    263             684334.4560    45.187
100-999      1106            335881.6418    22.178
10-99        2665            105613.6635    6.974
1-9          1809            6866.6064      0.453
0-0.999..    66738           344.4315       0.023

Total coins 1514449.9984

Edit: oops, fixed a bug

[zak9494]

HELP PLEASE!
Vertcoin wallet won't connect to network.
"No block source available.."

I am running mac os x 10.8.5.
I have vertcoin wallet version 0.8.6.2.
My other wallets are working and i am connected to the internet.

Ive already tried installing it and uninstalling it again and restarting my computer.
What else?

Thanks

[agc]

HELP PLEASE!
Vertcoin wallet won't connect to network.
"No block source available.."

I am running mac os x 10.8.5.
I have vertcoin wallet version 0.8.6.2.
My other wallets are working and i am connected to the internet.

Ive already tried installing it and uninstalling it again and restarting my computer.
What else?

Thanks

vertcoin.conf file, look at first page...

[404notfound]

I was in the process of changing my vertcoin deposit address when vertcoinheavyindustries shut down the web interface. Now I can't get the vertcoins I've mined today. I have no way to contact them as the message that's been posted doesn't have a twitter address to contact.

[FairUse]

New Vertcoin P2Pool Node 0% Fee

http://vertcoin.fairuse.org:9171/

Operated on the west coast in the US. Enjoy!

[Dukester797]

Everyone was dumping near .0045 about an hour and a half ago, now it's back up to .008

calm down people

[agc]

Everyone was dumping near .0045 about an hour and a half ago, now it's back up to .008

calm down people

china is waking up...

[luthan]

New Vertcoin P2Pool 0% Fee

http://vertcoin.fairuse.org:9171/

Operated on the west coast in the US. Enjoy!

could you point me to some place that has a thorough guide on how to setup a p2pool for vertcoin?  i had compiled vertcoin-qt and vertcoind on my linux virtualbox, also compiled the vertcoin_scrypt stuff for the p2p, but when running the p2p itself, it couldn't connect and kept giving me authentication errors, even though vertcoin.conf was setup correctly.  any help would be awesome.

[jdh015232]

Everyone was dumping near .0045 about an hour and a half ago, now it's back up to .008

calm down people

cant beleive people sold to me at .00402 an hour ago...lolz

[WutriCoin]

Azure Vertcoin Pool

DDOS reisistant P2Pool Node

http://cryptopool.cloudapp.net:9171/

To connect to this P2Pool node simply point your miner at:

URL: stratum+tcp://cryptopool.cloudapp.net:9171
Username: Your vertcoin address
Password: Anything

Sample configuration

cgminer.exe --scrypt -o stratum+tcp://cryptopool.cloudapp.net:9171 -u VbNPoxNeiNg6Bj9RwjjS4GazDbKLgUqNDP -p X

Fast facts

1. P2Pool nodes are all part of one single, big, distributed pool
2. When any p2pool worker on any node finds a block, everyone on all the nodes gets paid their share
3. There is no pool wallet, and hence no payout threshold. Payments go directly to your wallet
4. The distributed nature of p2pool resists DDoS attacks

Decentralize the hashrate!

http://cryptopool.cloudapp.net:9171/

[maxvolts]

Everyone was dumping near .0045 about an hour and a half ago, now it's back up to .008

calm down people

cant beleive people sold to me at .00402 an hour ago...lolz

Not being funny, but some people don't deserve to hold these coins, theyr'e dangerous!!

[Basnoff]

I've got so much lag on Cryptsy the numbers don't make sense anymore...