Mortimer452
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February 03, 2014, 11:10:03 PM |
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I'm supporting Kittehcoin since the very beginning, but I fear that if the relaunch does not include a new diff retarget algorithm, we will have once again the same story of multipools switching on/off it and making this coin stuck in a high diff for multiple hours if not a days. This didn't really happened yet because this coin is only listed on coinedup and hashcow "only" has 2GH/s. Once it will be listed on coinwarz and cryptsy/coinex, middlecoin will start to hit it, doubling or tripling the net hashrate easily, if not more. Diff will then jump to something like 300 to 500 after only a few minutes, and then everybody will stop mining it, letting the coin stuck to this diff for maybe one full day (see the catcoin story).
Again, this didn't happen yet because kittehcoin is only listed on coinedup. Even fedoracoin which didn't have this kind of problem on coinedup now has it, with a very short 10 blocks retarget diff.
The only thing that could avoid this problem without a proper diff retarget algo, is already having 20 or 30 GH/s on the network without major multipools, like what DOGE had 3 or 4 weeks ago.
I agree the Multipools *SUCK* in this regard but it shouldn't be too big of a problem with KittehCoin. Diff retarget is already pretty short at 1hr, even if the hashrate tripled and then backed off to "normal" we would only be looking at a 3hr retarget window to get back to the proper diff.
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sibilant_doge
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February 03, 2014, 11:10:32 PM |
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So, can I just mine this in any kittehpool, or is there a hard fork coming where the pool operators will need to be on the ball? Is there a list of new pools which have been keeping their code up to date? [edit: I only have 100kH/s, so I need a fairly large pool to even see anything]
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snipsnoop
Legendary
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Activity: 924
Merit: 1000
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February 03, 2014, 11:34:06 PM |
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So, can I just mine this in any kittehpool, or is there a hard fork coming where the pool operators will need to be on the ball? Is there a list of new pools which have been keeping their code up to date? [edit: I only have 100kH/s, so I need a fairly large pool to even see anything]
I would suggest http://kitteh.247mining.com/. Already updated to latest. Pools have a bit of time to switch, but there will be a point where they run out of time. More details at re-launch.
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vaelrock
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February 03, 2014, 11:43:29 PM |
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I'm supporting Kittehcoin since the very beginning, but I fear that if the relaunch does not include a new diff retarget algorithm, we will have once again the same story of multipools switching on/off it and making this coin stuck in a high diff for multiple hours if not a days. This didn't really happened yet because this coin is only listed on coinedup and hashcow "only" has 2GH/s. Once it will be listed on coinwarz and cryptsy/coinex, middlecoin will start to hit it, doubling or tripling the net hashrate easily, if not more. Diff will then jump to something like 300 to 500 after only a few minutes, and then everybody will stop mining it, letting the coin stuck to this diff for maybe one full day (see the catcoin story).
Again, this didn't happen yet because kittehcoin is only listed on coinedup. Even fedoracoin which didn't have this kind of problem on coinedup now have them, with a very short 10 blocks retarget diff.
The only thing that could avoid this problem without a proper diff retarget algo, is already having 20 or 30 GH/s on the network without major multipools, like what DOGE had 3 or 4 weeks ago.
Highest I have seen for kitteh was 21 GH/s and it did not cause any problems. Just saying. I hope, I'have seen too many coins having major issues with diff retargets, even when it's supposed to happen once every hour. Middlecoin can have an impact much greater than any other pool, it's always surprising when they hit your coin and you see diff jumps you've never seen before. I'm speaking of hashrate jumps like from 5GH/s to 25GH/s in 5s, for ~10mn, then back to 5GH/s with a diff of 350. You'll then have to wait 5 hours before the next retarget, hoping the network hashrate stays the same during this time.
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sibilant_doge
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February 03, 2014, 11:55:52 PM |
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So, can I just mine this in any kittehpool, or is there a hard fork coming where the pool operators will need to be on the ball? Is there a list of new pools which have been keeping their code up to date? [edit: I only have 100kH/s, so I need a fairly large pool to even see anything]
I would suggest http://kitteh.247mining.com/. Already updated to latest. Pools have a bit of time to switch, but there will be a point where they run out of time. More details at re-launch. Awesome ! thanks ^_^ I now have 5 meow coin. Meow to 500 we can do it!!
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zachamo
Sr. Member
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Activity: 346
Merit: 251
There can be only one!
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February 04, 2014, 12:03:56 AM |
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So, can I just mine this in any kittehpool, or is there a hard fork coming where the pool operators will need to be on the ball? Is there a list of new pools which have been keeping their code up to date? [edit: I only have 100kH/s, so I need a fairly large pool to even see anything]
I would suggest http://kitteh.247mining.com/. Already updated to latest. Pools have a bit of time to switch, but there will be a point where they run out of time. More details at re-launch. Awesome ! thanks ^_^ I now have 5 meow coin. Meow to 500 we can do it!! Go to reddit. Tip bot was just launched and people are slap happy. /r/Kittehcoin
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4000 chars available and all I got was this stupid tagline.
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TurtleHospital
Newbie
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Activity: 33
Merit: 0
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February 04, 2014, 12:04:56 AM |
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Hello Mates, By all this updating,relaunch.. are the coins on exchanges save ? (specially coinedup) do i have to remove it ? please share info )))
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danosphere (OP)
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Syscoin- Changing the way people do business.
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February 04, 2014, 12:58:48 AM |
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Coins on exchanges are perfectly safe. As long as they backup their wallet data (which should be done during any upgrade) they can run the new wallet right on top of the old one. There is no need to pull coins from anywhere. I have coins on CoinedUp and I'm not moving them, there is no need to.
Also many of the major pools have already upgraded, they can vouch for how easy the upgrade is.
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Zebedee23
Legendary
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Activity: 2086
Merit: 1001
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February 04, 2014, 02:28:28 AM |
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funny, didnt see the kittehs eyes peeping out of the bag at first! Plastic bag? whats significance? ahh
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| .Reserve. | | ▄▄▄███████▄▄▄ ▄█████████████████▄ ▄█████████████████████▄ ████████▀▀▀███▀▀▀████████ █████████ ███ █████████ ███████ ███████ ██████████ ███ ██████████ ██████████ ███ ██████████ ▀██████ ██████▀ ▀████████ ███ ████████▀ ▀███████▄▄▄███▄▄▄███████▀ ▀███████████████████▀ ▀▀█████████████▀▀ ▀▀▀▀▀▀▀ | | | | | | | .Reserve Your Rights. |
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Jeezy911
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February 04, 2014, 03:29:13 AM |
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I think Danosphere and the team have done a very good job, and say screw the haters. Pool was back up super quick, back to mining , no issues at all. Good job team keep it up!
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busoni
Sr. Member
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Activity: 364
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Owner of Poloniex
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February 04, 2014, 03:30:10 AM |
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Which wallet version is the latest? The one I pulled from github says "60401"--is that correct?
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Poloniex.com - Fast crypto exchange with margin trading, advanced charts, and stop-limit orders
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Zebedee23
Legendary
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February 04, 2014, 03:32:07 AM |
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we are almost there, dont panic whatever happens! All will be good
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| .Reserve. | | ▄▄▄███████▄▄▄ ▄█████████████████▄ ▄█████████████████████▄ ████████▀▀▀███▀▀▀████████ █████████ ███ █████████ ███████ ███████ ██████████ ███ ██████████ ██████████ ███ ██████████ ▀██████ ██████▀ ▀████████ ███ ████████▀ ▀███████▄▄▄███▄▄▄███████▀ ▀███████████████████▀ ▀▀█████████████▀▀ ▀▀▀▀▀▀▀ | | | | | | | .Reserve Your Rights. |
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Zebedee23
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February 04, 2014, 03:55:00 AM |
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5 Mins
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| .Reserve. | | ▄▄▄███████▄▄▄ ▄█████████████████▄ ▄█████████████████████▄ ████████▀▀▀███▀▀▀████████ █████████ ███ █████████ ███████ ███████ ██████████ ███ ██████████ ██████████ ███ ██████████ ▀██████ ██████▀ ▀████████ ███ ████████▀ ▀███████▄▄▄███▄▄▄███████▀ ▀███████████████████▀ ▀▀█████████████▀▀ ▀▀▀▀▀▀▀ | | | | | | | .Reserve Your Rights. |
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bl4ck_
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February 04, 2014, 04:01:28 AM |
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Woohoooo!!! Happy New KittehCoin!
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codega
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Activity: 74
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February 04, 2014, 04:03:58 AM |
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GO GO GO! Kitteh to da moon
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yfujimot
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February 04, 2014, 04:08:03 AM |
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Yay! New Kitteh! Congrats to the devs!
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Zebedee23
Legendary
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February 04, 2014, 04:08:30 AM |
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More info coming soon!!!
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| .Reserve. | | ▄▄▄███████▄▄▄ ▄█████████████████▄ ▄█████████████████████▄ ████████▀▀▀███▀▀▀████████ █████████ ███ █████████ ███████ ███████ ██████████ ███ ██████████ ██████████ ███ ██████████ ▀██████ ██████▀ ▀████████ ███ ████████▀ ▀███████▄▄▄███▄▄▄███████▀ ▀███████████████████▀ ▀▀█████████████▀▀ ▀▀▀▀▀▀▀ | | | | | | | .Reserve Your Rights. |
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Zebedee23
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February 04, 2014, 04:10:03 AM |
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and new site is up
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| .Reserve. | | ▄▄▄███████▄▄▄ ▄█████████████████▄ ▄█████████████████████▄ ████████▀▀▀███▀▀▀████████ █████████ ███ █████████ ███████ ███████ ██████████ ███ ██████████ ██████████ ███ ██████████ ▀██████ ██████▀ ▀████████ ███ ████████▀ ▀███████▄▄▄███▄▄▄███████▀ ▀███████████████████▀ ▀▀█████████████▀▀ ▀▀▀▀▀▀▀ | | | | | | | .Reserve Your Rights. |
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