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Author Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record  (Read 657556 times)
northranger79510
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March 16, 2014, 08:17:27 PM
 #2181

For the foundation, I will be PMing those interested in 2 weeks to gather ideas on how to actually implement a trustless system that everyone agrees on. Until then, signups are encouraged. All we need from you is time and dedication.

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March 16, 2014, 08:20:11 PM
 #2182

I have a simple idea to solve the "trust" issue. If he agrees, we send everything to gatra in order to safeguard them. Simple as that ...

My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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March 16, 2014, 08:24:10 PM
 #2183

I have a simple idea to solve the "trust" issue. If he agrees, we send everything to gatra in order to safeguard them. Simple as that ...
Yeah, that is an easy way of doing it... If gatra steals the funds the coin will have no future (creator is scammer).

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March 16, 2014, 08:49:00 PM
 #2184

Updated the optimized ypool miner - about 10-30% faster (haven't finished an extensive head-to-head benchmark).

But this one is much more aggressive about being pool-friendly:  It sieves all six spots to a million, to try to reduce the advantage that the solo miners currently have vs the pool miners.

Please note that this one will still find you 10-30% more *shares* - but it will also help the pool find substantially more *blocks* for you to get shares of.  I've made sure that this extra pool-friendliness does not slow anything down for the individual miner (and, indeed, it's faster than b7).

http://www.cs.cmu.edu/~dga/crypto/ric/

  -Dave

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March 16, 2014, 09:05:11 PM
 #2185

I have a simple idea to solve the "trust" issue. If he agrees, we send everything to gatra in order to safeguard them. Simple as that ...
Yeah, that is an easy way of doing it... If gatra steals the funds the coin will have no future (creator is scammer).

I agree, although I hate to ask Gatra to take on another responsibility. But yea, he can't steal the funds because they'd be worthless pretty damn fast.
northranger79510
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March 16, 2014, 09:10:37 PM
 #2186

I have a simple idea to solve the "trust" issue. If he agrees, we send everything to gatra in order to safeguard them. Simple as that ...
Yeah, that is an easy way of doing it... If gatra steals the funds the coin will have no future (creator is scammer).

I agree, although I hate to ask Gatra to take on another responsibility. But yea, he can't steal the funds because they'd be worthless pretty damn fast.

I disagree on this because it leaves money in the hand of one unknown individual. Although I trust gatra, doing it that way is too illogical in an organization sense. And I agree with Remi that Gatra shouldn't take on too many responsibility. From what I know, he has outside work beside  developing Riecoin. The point of this foundation is for Gatra to only focus on Riecoin development and to relieve him of some of his stress, not add on to it.

The foundation should have a trustless or close to it system.

Huntercoin: H9kttkrQidiQMG9NibmTgjgCKqWJMAkAXD
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March 16, 2014, 09:19:14 PM
 #2187

Finished a lot quicker than I expected. Mostly because I've been working on this the entire day since I got home. Felt productive Smiley. Sent the design to gatra. Hope he can upload it and show you the new designed site. Sleeping now.

Yes better design, I like the following.
1. Not so overpowering with green.
2. video does not play every time I visit.
3. Useful links. I like the idea of a live ticker from Poloniex. He was with us from the start.
4. Clear menus.
5. Nice size and placement for the riecoin symbol a the top.

Not quite sure about the 3 boxes below the video they seem clunky somehow.

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March 16, 2014, 09:31:29 PM
 #2188

ok - windows build (very beta) of my miner is now online, same URL - http://www.cs.cmu.edu/~dga/crypto/ric/

It's the one that ends in .exe.  Same dev fee, but this one is 9% me, 0.5% jh00, 0.5% clintar - I used his mingw makefile.

I'll be chipping that fee down over the coming days, but hopefully it's worthwhile running now even with it.

Thanks dga,I'm running your windows miner now
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March 16, 2014, 10:00:46 PM
 #2189

...
After all - why do you charge a fee on your pool?  *grin*

The alternatives are worse for the coin, I think:  If you look at what's happening with RIC right now, for example, there's one person solo mining 10% of the blocks with a private, super-optimized miner (not mine;  user a00k).  Supercomputing could be doing it too.  Any of the advanced miner devs could rent out a ton of machines quite profitably and mine on them.  But I think those approaches aren't nearly as good for the coin as having a lot of people interested in it and participating -- and finding huge prime clusters.  The alternative leaves every-day miners disgruntled at their block rates, which is part of why I'm releasing my stuff, beyond the annoying cheater on ypool.  Riecoin is cool and fun, and I want people to be having fun mining it and participating.

Yeah, but over time it will get better as more optimized miners are released. I charge a pool fee to "cover expenses"  Wink

I did try to implement a developer fee, but the way I thought of doing it (probably very hacky) was just to hard to implement without knowing more C++, php, and python :/

I am also currently mining about 10 percent of the blocks, but doing so with very little resources (20 CPUs). Even at this difficulty, I am solving 60-65 blocks per day with the pure x86-64 assembly implementation of my solo miner which is more efficient at higher difficulties. However, when the public versions catch up, we should easily reach 1536-bit difficulty, the race is on.

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March 16, 2014, 10:10:44 PM
 #2190

...
After all - why do you charge a fee on your pool?  *grin*

The alternatives are worse for the coin, I think:  If you look at what's happening with RIC right now, for example, there's one person solo mining 10% of the blocks with a private, super-optimized miner (not mine;  user a00k).  Supercomputing could be doing it too.  Any of the advanced miner devs could rent out a ton of machines quite profitably and mine on them.  But I think those approaches aren't nearly as good for the coin as having a lot of people interested in it and participating -- and finding huge prime clusters.  The alternative leaves every-day miners disgruntled at their block rates, which is part of why I'm releasing my stuff, beyond the annoying cheater on ypool.  Riecoin is cool and fun, and I want people to be having fun mining it and participating.

Yeah, but over time it will get better as more optimized miners are released. I charge a pool fee to "cover expenses"  Wink

I did try to implement a developer fee, but the way I thought of doing it (probably very hacky) was just to hard to implement without knowing more C++, php, and python :/

I am also currently mining about 10 percent of the blocks, but doing so with very little resources (20 CPUs). Even at this difficulty, I am solving 60-65 blocks per day with the pure x86-64 assembly implementation of my solo miner which is more efficient at higher difficulties. However, when the public versions catch up, we should easily reach 1536-bit difficulty, the race is on.

You're still ahead.  Smiley I'm mining 7% using a fairly similar set of resources on a private branch of my miner that's running in full-out block finder mode.  It's a bit of a shame - it costs me shares on ypool, but I really want to get the fairness issue worked out.

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March 16, 2014, 10:13:36 PM
 #2191

I'm glad I'm not mining RIC anymore, 3-5 guys are mining 50% of the coin, super fun! No wonders why this coin is dying and price 1/10th of what it used to be, it's a dump festival!
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March 16, 2014, 10:37:01 PM
 #2192

I'm glad I'm not mining RIC anymore, 3-5 guys are mining 50% of the coin, super fun! No wonders why this coin is dying and price 1/10th of what it used to be, it's a dump festival!

Eh - mine are all going to ypool and getting split up between everyone else. Smiley

I'll release the high-performance version as soon as we resolve the fairness issue a little more.  I'll probably do binary only to start to prevent 4chain patching.

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March 16, 2014, 10:39:24 PM
 #2193

RIE/BTC went live on agx.io on 03/15/2014!

Be sure to check out agx.io to learn about our just-announced AMD Radeon R9 280x Giveaway that runs through 11:59p Sunday March 23rd 2014! Trade on AGX to earn entries in the giveaway! You can also link directly to the infographic on the promo here: http://24.media.tumblr.com/d22fc786c1528580d601aabc03fef3e2/tumblr_n2jsh3w23G1trlaa8o1_1280.png

- The Austin Global Team

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March 16, 2014, 10:39:50 PM
 #2194

I'm glad I'm not mining RIC anymore, 3-5 guys are mining 50% of the coin, super fun! No wonders why this coin is dying and price 1/10th of what it used to be, it's a dump festival!

Yep, this coin is DEAD
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March 16, 2014, 10:44:58 PM
 #2195

Updated the optimized ypool miner - about 10-30% faster (haven't finished an extensive head-to-head benchmark).

But this one is much more aggressive about being pool-friendly:  It sieves all six spots to a million, to try to reduce the advantage that the solo miners currently have vs the pool miners.

Please note that this one will still find you 10-30% more *shares* - but it will also help the pool find substantially more *blocks* for you to get shares of.  I've made sure that this extra pool-friendliness does not slow anything down for the individual miner (and, indeed, it's faster than b7).

http://www.cs.cmu.edu/~dga/crypto/ric/

  -Dave

Holey, shmoley.

Just starting it is already faster in all categories. Will let it run for a while and see how it settles in and report back.

Thanks for your work. Your fee is definitely worth it.


If you are going to leave your BTC on an exchange please send it to this address instead 1GH3ub3UUHbU5qDJW5u3E9jZ96ZEmzaXtG, I will at least use the money better than someone who steals it from the exchange. Thanks Wink
northranger79510
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March 16, 2014, 11:02:51 PM
 #2196

I'm glad I'm not mining RIC anymore, 3-5 guys are mining 50% of the coin, super fun! No wonders why this coin is dying and price 1/10th of what it used to be, it's a dump festival!

Yep, this coin is DEAD

I really doubt this coin is dead. Sure it is low volume but people are still mining this whether to dump or to hold. So its farrrrrr from death. I don't know how you guys define death? Price dropping? Because that would be pulling the trigger before gun is loaded kind of thought process.

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March 16, 2014, 11:09:59 PM
 #2197

ok - windows build (very beta) of my miner is now online, same URL - http://www.cs.cmu.edu/~dga/crypto/ric/

It's the one that ends in .exe.  Same dev fee, but this one is 9% me, 0.5% jh00, 0.5% clintar - I used his mingw makefile.

I'll be chipping that fee down over the coming days, but hopefully it's worthwhile running now even with it.

I am using this version on a core i5 under windows 7 and boosted from 7 to 9.
However it will not run on a Athlon 64 x2 running windows XP 32 bit version.
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March 16, 2014, 11:38:03 PM
 #2198

I'm glad I'm not mining RIC anymore, 3-5 guys are mining 50% of the coin, super fun! No wonders why this coin is dying and price 1/10th of what it used to be, it's a dump festival!

Would it be funny if the people who use optimized miners without releasing them actually significantly contribute to the unpopularity of the coin they are milking, thus reducing their own potential profits?
northranger79510
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March 17, 2014, 12:12:12 AM
 #2199


I'm glad I'm not mining RIC anymore, 3-5 guys are mining 50% of the coin, super fun! No wonders why this coin is dying and price 1/10th of what it used to be, it's a dump festival!


Problem with this is that all coins have this problem..not just RIC. Because RIC only has 1 pool, it seems like a tragedy but every single coin has this problem. If you don't like it, buy 1000000000 cores.

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March 17, 2014, 12:34:07 AM
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ok - windows build (very beta) of my miner is now online, same URL - http://www.cs.cmu.edu/~dga/crypto/ric/

It's the one that ends in .exe.  Same dev fee, but this one is 9% me, 0.5% jh00, 0.5% clintar - I used his mingw makefile.

I'll be chipping that fee down over the coming days, but hopefully it's worthwhile running now even with it.

I am using this version on a core i5 under windows 7 and boosted from 7 to 9.
However it will not run on a Athlon 64 x2 running windows XP 32 bit version.

That's correct - sorry.  The code has far too much 64 bit in it to be worth doing a 32 bit version.  It would be extremely slow.  Glad to hear it's working well on your i5.

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