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Question: At which point will i0coin difficulty be equal to solidcoin difficulty?  (Voting closed: September 19, 2011, 04:55:22 PM)
100 (-) - 1 (6.3%)
200 - 1 (6.3%)
300 - 0 (0%)
500 - 0 (0%)
800 - 3 (18.8%)
1300 - 1 (6.3%)
2100 - 2 (12.5%)
3400 - 0 (0%)
5500 (+) - 0 (0%)
never - 8 (50%)
Total Voters: 16

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Author Topic: Solidcoin difficulty now at 4731  (Read 1184 times)
ElectricMucus
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September 05, 2011, 04:55:22 PM
 #1

Solidcoin difficulty has dropped we are looking for a continuation of the dead cat bounce pattern, i0coin is doing no better but decay seems to be not as bad.

At some point they will probably be equally easy to mine and worth almost the same.
But when will that be?

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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September 05, 2011, 06:06:15 PM
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They've been about the same several times already if you watch coinotron.
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September 05, 2011, 06:29:29 PM
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well not lately and not since the i0coin zombie round / solidcoin license bust.  Wink

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September 05, 2011, 06:44:14 PM
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They've been about the same several times already if you watch coinotron.

coinotron does not fit for me.

had two miners running at same speed, one on bitcoin and one on i0coin when it said i0coin was 1.30 efficiency. After about 6-8 houres (don't remember for sure) i compared the btc value i mined with the i0coin exchanged to btc value. (not considering the fees comming up at that moment)
While the difficulty for i0coin in that time did slightly change, and while the whole mining time the efficiency was between ~1.30 and ~1.50 depending on the actuall trading price, i noticed that i had about 2 times the BTC mining bitcoins then mining i0coins and trading them.

So for me the "efficency" values definitely don't fit. Maybe that i had just "unlucky" shares, but the income in i0coins per time was at several tries much lower than it should have been according to difficulty / efficiency displayed.
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September 06, 2011, 12:57:40 AM
 #5

it does depend a lot on luck.

I would get 2BTC in a day some days and others 1 btc with the same hash speed. The avg is supposed to be around 1.4 - 1.5 for my mhash/s.

Another thing to consider is that i0coin does vary in exchange rate.

I can't really say though I've been taking some of my mhash/s offline and don't have figures to compare, but I might split it up and see as well.
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September 06, 2011, 05:02:33 AM
 #6

They've been about the same several times already if you watch coinotron.

coinotron does not fit for me.

had two miners running at same speed, one on bitcoin and one on i0coin when it said i0coin was 1.30 efficiency. After about 6-8 houres (don't remember for sure) i compared the btc value i mined with the i0coin exchanged to btc value. (not considering the fees comming up at that moment)
While the difficulty for i0coin in that time did slightly change, and while the whole mining time the efficiency was between ~1.30 and ~1.50 depending on the actuall trading price, i noticed that i had about 2 times the BTC mining bitcoins then mining i0coins and trading them.

So for me the "efficency" values definitely don't fit. Maybe that i had just "unlucky" shares, but the income in i0coins per time was at several tries much lower than it should have been according to difficulty / efficiency displayed.

If you take out the stale shares percentage and the fees, plus the fact that until your coins were confirmed and you could withdraw them, the price was plummeting (and you had no coins to sell) it's no wonder.

Fiat no more.
Δοκιμάστε το http://multibit.org - Bitcoin client τώρα και στα Ελληνικά
Artamir
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September 06, 2011, 09:18:20 AM
 #7

Well i was calculating with it with different prices that had been on the market over the time (all been considered as 'more effective' and neither was).

Actually the stale shares are another point that makes i0coin even more inefficient for me, cause at mining bitcoins i have ~1-2% stale, at SC and i0coin i got ~10% (same mining settings).
I till now blame it on the shorter time for new blocks which causes more often a share in calculation to be dropped and restarted cause there is a new block.

But maybe thats the difference of someone having running only 1 GPU compared to others mining in the x or even xx Ghash region, i don't know.



add:  I didn't say it is not more profitable at all i just said that even with the webpages saiing its 1,5 times more profitable, it for ME isn't.

And no it's not cause i trade those coins over at fast rates so that the fees will make > 1% and wait till price further drops over time. My basis was price and difficulty NOW at start, then checking after a period of time how much BTC / i0coin been mined and compared their 'would have been value' at the starting time. Cause if you wait longer usualy it becomes even more unprofitable for the old coins, cause the price drops further.
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