baus
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Activity: 203
Merit: 10
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February 01, 2014, 12:31:46 AM |
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How it is "unfair" to launch without a pool?
Because, as your fraction of the total hashes decreases, your mining efficiency goes down. Pools fix that problem by pooling hashes to increase each miner's efficiency. Unless you can dominate the hashes, you are wasting time and electricity solo mining. It's actually better to solo mine right now. You have a great chance at finding a few blocks. You must be new here.
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dbt1033
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Activity: 1274
Merit: 1000
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February 01, 2014, 12:32:29 AM |
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He's an idiot don't listen to him. He tried to mine the coin at launch, despite his hatred of the coin which is based on facts known to him since launch. He can be one of two things: insane (due to his behavior) or a hater (due to him not finding any blocks).
BTW Doge didn't have pools available at launch...was that unfair too?
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dbt1033
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Activity: 1274
Merit: 1000
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February 01, 2014, 12:34:40 AM |
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How it is "unfair" to launch without a pool?
Because, as your fraction of the total hashes decreases, your mining efficiency goes down. Pools fix that problem by pooling hashes to increase each miner's efficiency. Unless you can dominate the hashes, you are wasting time and electricity solo mining. And another stupid comment. All pools do is decrease variance. I can't tell you how many times I've solo mined something the first day and been incredibly lucky. On the other hand, sometimes it doesn't work like that. What a baby.
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8coin (OP)
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Activity: 23
Merit: 0
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February 01, 2014, 12:37:41 AM |
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tx42
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February 01, 2014, 12:42:42 AM |
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How it is "unfair" to launch without a pool?
Because, as your fraction of the total hashes decreases, your mining efficiency goes down. Pools fix that problem by pooling hashes to increase each miner's efficiency. Unless you can dominate the hashes, you are wasting time and electricity solo mining. All pools do is decrease variance. "Furthermore, there is a centralization issue: if miner A is a mining pool with 30% hashpower and B has 10% hashpower, A will have a risk of producing stale blocks 70% of the time whereas B will have a risk of producing stale blocks 90% of the time". -- Vitalik Buterin
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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February 01, 2014, 12:50:56 AM |
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You avoided my question. Was Doge launch unfair too?
LOL @ you searching google in order to respond. Armchair detective...LOL
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tx42
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February 01, 2014, 12:56:20 AM |
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You avoided my question. Was Doge launch unfair too?
you searching google in order to respond. I didn't need google for that quote. Either way, what does google have to do with my being right? Also, by these standards, the Doge launch was unfair. But many launches are fair. This launch wasn't. Either way, you know you are wrong because you've resorted to a lot of name calling and "LOL"-type stuff. If you don't have an intelligent response, I guess you have to resort to these types of tactics.
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adreamworkz
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Activity: 15
Merit: 0
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February 01, 2014, 01:03:38 AM |
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Looks like this coin has lots of potential
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albertdros
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February 01, 2014, 01:06:34 AM |
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so could someone make a pool?
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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February 01, 2014, 01:09:04 AM |
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You avoided my question. Was Doge launch unfair too?
you searching google in order to respond. I didn't need google for that quote. Either way, what does google have to do with my being right? Also, by these standards, the Doge launch was unfair. But many launches are fair. This launch wasn't. Either way, you know you are wrong because you've resorted to a lot of name calling and "LOL"-type stuff. If you don't have an intelligent response, I guess you have to resort to these types of tactics. http://www.ethereum.org/ethereum.html This is where you got the quote. I do have an intelligent response. Your quote is out of context. "blockchains with fast confirmation times currently suffer from reduced security due to a high stale rate" precedes the portion you quoted. This coin does not fall under that category. BOOM. Roasted.
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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February 01, 2014, 01:12:35 AM |
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Dev: the receive/send images in the wallet are uber cool. Thanks for the block!
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albertdros
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February 01, 2014, 01:25:47 AM |
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its a shame really. If this coin had a pool everything would have been great.
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8coin (OP)
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Activity: 23
Merit: 0
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February 01, 2014, 01:48:18 AM |
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steeleminer
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Activity: 49
Merit: 0
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February 01, 2014, 01:50:03 AM |
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WTB 50 8 Coin for .01 BTC
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gargouri2001
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February 01, 2014, 01:54:55 AM |
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what kind of promotion for this coin , except the giveaway ?
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sameev29
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February 01, 2014, 02:04:08 AM |
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WTB 50 8 Coin for .01 BTC
You crazy,there is only 8 coins.
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TiberiuC
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February 01, 2014, 02:23:06 AM |
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is anyone working on a pool?
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sameev29
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February 01, 2014, 02:23:45 AM |
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When did the giveaway take place?
How can we solo mine this?
There is a .conf file included in the download. Just add your rcpuser and rcppassword to the .conf and your .bat file for cgminer, sgminer, whatever you use. Add the conf file to the folder where your wallet.dat is: roaming/8coin. Relaunch your wallet. Cgminer should say "no longpoll detected". Boom you're mining it. Do I have to make a .bat file of the .conf file and than add that .bat file to cgminer? I tried it this way but doesnt work. Can someone please tell me a little clearly in in few steps.
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gargouri2001
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February 01, 2014, 02:41:37 AM |
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the conf file : (put in C:\Users\***You username****\AppData\Roaming\8Coin)
8Coin.conf ------------------ rpcuser=user rpcpassword=password rpcport=1888 addnode= 107.170.10.110 server=1 ---------------- then restart your 8 coin wallet
then in cgminer :
cgminer --scrypt -o 127.0.0.1:1888 -u user -p password (then additional parameter if needed )
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sameev29
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February 01, 2014, 02:54:15 AM |
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the conf file : (put in C:\Users\***You username****\AppData\Roaming\8Coin)
8Coin.conf ------------------ rpcuser=user rpcpassword=password rpcport=1888 addnode= 107.170.10.110 server=1 ---------------- then restart your 8 coin wallet
then in cgminer :
cgminer --scrypt -o 127.0.0.1:1888 -u user -p password (then additional parameter if needed )
Than I open that .bat file I put in cgminer folder?
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