[ANN] [COINO] KGW ACTIVATED - WALLET UPDATE ▬► COINO -(O)- ◄▬ The fastest Coin

[bofhus]

still SUN coin has the best logo

Noooo...

No...

No No No 

[ScopeDown]

Is the grammer all right on the video now ?

http://s1.directupload.net/images/140215/72kg5tch.png

Looks good, didn't hear/see problems.

[bofhus]

Is the grammer all right on the video now ?

Great! 

[XZed]

Welcome back coino.org !

Could you / someone explain the consequences of KGW implementation ?

Difficulty, etc.

(And price increase obviously lol ).

By the way, nice vid .

Thank you.

Sincerely,

[poolers]

Welcome back coino.org !

Could you / someone explain the consequences of KGW implementation ?

Difficulty, etc.

(And price increase obviously lol ).

By the way, nice vid .

Thank you.

Sincerely,

If multipools are coin rapists, KGW is like having a rape whistle. It deters them from trying.

[XZed]

Welcome back coino.org !

Could you / someone explain the consequences of KGW implementation ?

Difficulty, etc.

(And price increase obviously lol ).

By the way, nice vid .

Thank you.

Sincerely,

If multipools are coin rapists, KGW is like having a rape whistle. It deters them from trying.

Well, I suppose this analogy is clear lol. Going to seach further to best understand your statement .

Thank you.

Sincerely,

[poolers]

Welcome back coino.org !

Could you / someone explain the consequences of KGW implementation ?

Difficulty, etc.

(And price increase obviously lol ).

By the way, nice vid .

Thank you.

Sincerely,

If multipools are coin rapists, KGW is like having a rape whistle. It deters them from trying.

Well, I suppose this analogy is clear lol. Going to seach further to best understand your statement .

Thank you.

Sincerely,

Currently the diff will recalc every hour so when a multipool leaves, you are stuck with a low hashrate and high diff until the hour is up. KGW will recalc the diff each block so it is always appropriate for the current hashrate. This will also cause diff to jump up fast as soon as the multipool joins which will make it not profitable for them right away rather than over a period of time.  Once they see that they are switching to the pool and then diff is jumping up after the next block, they will stop coming altogether.

[XZed]

Welcome back coino.org !

Could you / someone explain the consequences of KGW implementation ?

Difficulty, etc.

(And price increase obviously lol ).

By the way, nice vid .

Thank you.

Sincerely,

If multipools are coin rapists, KGW is like having a rape whistle. It deters them from trying.

Well, I suppose this analogy is clear lol. Going to seach further to best understand your statement .

Thank you.

Sincerely,

Currently the diff will recalc every hour so when a multipool leaves, you are stuck with a low hashrate and high diff until the hour is up. KGW will recalc the diff each block so it is always appropriate for the current hashrate. This will also cause diff to jump up fast as soon as the multipool joins which will make it not profitable for them right away rather than over a period of time.  Once they see that they are switching to the pool and then diff is jumping up after the next block, they will stop coming altogether.

Thank you very much : it's very clear !

[Carterwyang]

I'd really like to set up my own mining pool, can someone please tell me what i'll need and the simplest way to go about doing this?

[ScopeDown]

Welcome back coino.org !

Could you / someone explain the consequences of KGW implementation ?

Difficulty, etc.

(And price increase obviously lol ).

By the way, nice vid .

Thank you.

Sincerely,

If multipools are coin rapists, KGW is like having a rape whistle. It deters them from trying.

Well, I suppose this analogy is clear lol. Going to seach further to best understand your statement .

Thank you.

Sincerely,

Currently the diff will recalc every hour so when a multipool leaves, you are stuck with a low hashrate and high diff until the hour is up. KGW will recalc the diff each block so it is always appropriate for the current hashrate. This will also cause diff to jump up fast as soon as the multipool joins which will make it not profitable for them right away rather than over a period of time.  Once they see that they are switching to the pool and then diff is jumping up after the next block, they will stop coming altogether.

Thanks for the explanation!

[poolers]

I'd really like to set up my own mining pool, can someone please tell me what i'll need and the simplest way to go about doing this?

First you get a server, then install apache, mysql, and all of the libraries required for compiling the wallet. Then compile the wallet and let it download the blockchain. Then install stratum-mining protocol and configure it for your database, stratum port, and the particular coin you are mining. Then you will need a front end like mpos or you could write something custom. Then setup cron jobs to run scripts for payouts, calculate user shares, run maintenance etc...

If you don't have a basic understanding of linux, mysql syntax, and using error logs for troubleshooting issues you shouldn't bother.  Just about anyone can get one setup using existing software but things will go wrong and you need to be able to fix them. Using pre-written software like mpos and stratum makes things a lot easier to get a pool going but if you don't understand the code behind them you will find yourself in a situation where a lot of people are upset.  Sometime problems come up like payments stop processing, or the stats in the front end stop updating, or stratum stops working.

Once you are up and running, try to get in on new coin launches.  It is pretty tough to get people to switch to a new pool when there are already several established ones for any given coin. Like Doge for example, there is probably no chance in hell of starting up a new pool for it. You need so much hashing power to find any blocks and people know that if they are the first to join your pool they won't be earning any coins at all.

I have been asked this question a lot and most of the people I have talked to had tried it out and then gave up. I have been pondering the idea of offering pool setup as a service but I am not sure what people would be willing to pay for something like that and if it would be worth my time.

Good luck.

[poolers]

Did quotes just break in every post or is it just on my end?

EDIT: never mind, looks fine now.

[OceanWhispers]

I don't know what to think of minerbit. Why are they basically giving away their profits? They can make so much more money simply using their machines than renting them out. Seems a tad fishy

I'd really like to set up my own mining pool, can someone please tell me what i'll need and the simplest way to go about doing this?

Unfortunately it's not simple. A server. Basic (at least..) programming knowledge or command line experience. Or lots of research time. You'll need Linux, Mysql, apache, the wallet source, stratum for your server, and a display/front end (Such as PHP for forums). MPOS is the most common. Then you'll want to install a few things to keep your server runnign smoothly and improve performance, such as VarDiff (variable Difficulty)

Not for the faint of heart or uninitiated. Poolers would be the one to ask out of this group.

Edit: Haha seems Poolers beat me. I think that service would be in demand! Check your PMs on coinoforum mate

Keep up the great work! We doubled our votes today and yesterday, AWESOME WORK!
https://www.mintpal.com/voting
http://www.allcrypt.com/beta/voting.php
Keep pushing everyone

[forzendiablo]

i liek the coi nalot but seems its not growing fast enough. for now im sticking to SUN ;x

[sinnyc]

i liek the coi nalot but seems its not growing fast enough. for now im sticking to SUN ;x

5 of your last 10 posts have been the same thing on other coins threads and almost half of your last 20 have mentioned that weak ass coin. 
 
https://bitcointalk.org/index.php?action=profile;u=25432;sa=showPosts

I have an idea for you - GTFO and go pimp your crap elsewhere.

[poolers]

i liek the coi nalot but seems its not growing fast enough. for now im sticking to SUN ;x

5 of your last 10 posts have been the same thing on other coins threads and almost half of your last 20 have mentioned that weak ass coin. 
 
https://bitcointalk.org/index.php?action=profile;u=25432;sa=showPosts

I have an idea for you - GTFO and go pimp your crap elsewhere.

lol seriously

[DDerTyp]

i liek the coi nalot but seems its not growing fast enough. for now im sticking to SUN ;x

5 of your last 10 posts have been the same thing on other coins threads and almost half of your last 20 have mentioned that weak ass coin. 
 
https://bitcointalk.org/index.php?action=profile;u=25432;sa=showPosts

I have an idea for you - GTFO and go pimp your crap elsewhere.

lol seriously

Haha

[bofhus]

i liek the coi nalot but seems its not growing fast enough. for now im sticking to SUN ;x

5 of your last 10 posts have been the same thing on other coins threads and almost half of your last 20 have mentioned that weak ass coin. 
 
https://bitcointalk.org/index.php?action=profile;u=25432;sa=showPosts

I have an idea for you - GTFO and go pimp your crap elsewhere.

lol seriously

Haha

[pioter]

that sun must be great coino

[ScopeDown]

i liek the coi nalot but seems its not growing fast enough. for now im sticking to SUN ;x

5 of your last 10 posts have been the same thing on other coins threads and almost half of your last 20 have mentioned that weak ass coin. 
 
https://bitcointalk.org/index.php?action=profile;u=25432;sa=showPosts

I have an idea for you - GTFO and go pimp your crap elsewhere.

Lol. GG to that