[ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record

[ziiip]

This is really good news from xpoolx. Good to see other pools are following suit and helping to eliminate the selfish mining issues that have plagued this network for years.

[1713876551]

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[1713876551]

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[Dead Things]

With ublock and xpoolx doing good things, and dga sprinkling some more magic sauce on his miner, it's really starting to feel like this project is about to turn a corner. It's almost too bad gatra is otherwise occupied - I think he would have been thrilled at seeing this kind of community leadership, not to mention the recent 750+ digit find.

[Dead Things]

Suddenly interest by Riecoin increased, I did well to have bought a few thousand in 802 sat! Now it's a matter of time for this sleeping giant to wake up! Is mining still profitable or is pool more interesting?

All the best miners are stratum miners. Xpoolx offers an option to use a stratum miner as a solo miner. But ublock (and probably xpoolx since the upgrades) now offer pooled rewards that would be consistent with solo mining, making it a bit of a moot point.

And yes - if you have spare CPU cycles, there's no other CPU-only coin I'd rather mine.

[dga]

But seriously, this is why I was happy putting work into the miner, even if real life has gotten in the way.

ok, new records at least inspire an hour of staring at the code and trying to further clean it up, if only so the legacy of Riecoin is that it leaves good software for finding prime clusters.  I've committed a small batch of fixes to the stratum branch that eliminate compiler warnings (you don't care about this) and fix a few very trivial memory leaks (you probably also don't care about this, but it would cause memory use to grow by perhaps a few megabytes per day on a long-running miner.  If you ran for a year, you might notice the leaks.)

https://github.com/dave-andersen/fastrie/tree/stratum

Certainly nothing worth a version bump.

Also merged two outstanding pull requests for compilation fixes for Ubuntu and GCC 4.9 -- with thanks to @guytp on github for the improvements!

Ripped out a few hundred lines of old legacy code and eliminated more compiler warnings.  This should at least make the codebase a little easier for other people to muck around in if people want to contribute improvements or optimizations.  I'll keep poking at it for a few more days (semester is wrapping up), but will be mostly offline from mid-dec through January (rumor has it there's a baby arriving, of the human sort, not the cryptocurrency sort).

In case that was too subtle:  Contributions to improve the miner welcomed, and I'll try to continue to make the codebase a bit more friendly (i.e., simpler) for them.

[MasterQ]

Here we go, +85 % now...
And... as usual, crash in 3... 2... 1...

Lol yea, guess Riecoin wont really get a nice sustained pump until the new "hype" coins are ones that have real world value.

[samba001]

I am enjoying the current pump, but really not sure what's making to go so high within a day. Is there any official news announced to boost this pump. I am holding around 10000 RIC and booked the profit around 2750. I am looking to buy again around 1600 - 1900. All the best guys

[zTheWolfz]

Here we go, +85 % now...
And... as usual, crash in 3... 2... 1...

These pumps on Riecoin are massive every single time and they happen quite often it seems. Just crossed $15 m market cap!

[MasterQ]

At least, thanks to this buyer, Riecoin mining is even profitable now
But I hope for this person that he will not regret to stack a ton of worthless coins when the price will return to sub 10 cents or so
But why not after all, if this person actually thinks Riecoin will beat Bitcoin: "ASIC and FPGA proof! Better than Litecoin! Mine for math and not useless hashes, and moreover 0 fee transactions possible, so better than Bitcoin! Market cap should be 500 billion, price so cheap now, buy buy buy before it's too late!"

Currently a similar pump is occuring with Foldingcoin...

It is? How much would a L5420 CPU generate now

[extravirgin]

ah! i missed the pump. could have sold my few coins for a nice change. anyway, its still worth twice what i paid two weeks ago. am selling

[Pon13]

I get a lot of connection timeout at ublock.it anyone with the same issues??

is everything alright with the pool ziiip ??

[motionszabra]

I'm interesting to this project and i want to be a part of it. From which point i can start? I hope to answer me soon... Thanks!

[ziiip]

I get a lot of connection timeout at ublock.it anyone with the same issues??

is everything alright with the pool ziiip ??

Pool has been under continuous ddos attack since Friday. This issue is being caused by upstream filtering, we are working with our upstream provider to resolve this.


You should be able to stay connected once you establish a session, sorry for the trouble. Never a dull moment on the Riecoin network.

[Pon13]

I get a lot of connection timeout at ublock.it anyone with the same issues??

is everything alright with the pool ziiip ??

Pool has been under continuous ddos attack since Friday. This issue is being caused by upstream filtering, we are working with our upstream provider to resolve this.


You should be able to stay connected once you establish a session, sorry for the trouble. Never a dull moment on the Riecoin network.

shiiiiaaat apart from the frequent disconnects, i'm losing shares as well (job not found) in all my miners. still under ddos? i dunno what to dooooo

[dga]

770 decimal digits a few days ago, blowing away the previous best by a pretty huge margin.

https://chainz.cryptoid.info/ric/block.dws?793872.htm

(Gatra, your idea of having periodic big blocks was awesome. :-)

From a PoW / chain research perspective, it'd be interesting if there was an elegant way of keeping the blockchain growing while work on the record block continued.  *ponder*  Maybe setting a "big block eligible" flag that gets cleared when the big block is found, but allowing normal-diff blocks to propagate at substantially reduced reward during the big block mining time?

[dga]

770 decimal digits a few days ago, blowing away the previous best by a pretty huge margin.

https://chainz.cryptoid.info/ric/block.dws?793872.htm

(Gatra, your idea of having periodic big blocks was awesome. :-)

From a PoW / chain research perspective, it'd be interesting if there was an elegant way of keeping the blockchain growing while work on the record block continued.  *ponder*  Maybe setting a "big block eligible" flag that gets cleared when the big block is found, but allowing normal-diff blocks to propagate at substantially reduced reward during the big block mining time?

Hm.  Probably the easiest would be to allow 5-chains in some way to achieve the reduced diff.  One could use a primecoin-style "fractional" amount, or a conventional hash-diff.
 The latter is much easier to calibrate...

This is if you want a dense 5-chain, which seems like the most Riecoin-like solution (only look at the first 5 prime spots, ignore the 6th for this purpose):

P(6-chain at difficulty high) ~= 1/ln(hi) ^ 6  (targets 2h instead of 2.5min == 48x harder)

To equalize a 5-chain at high diff to low diff requires:
1/ln(hi) ^5 * frac = 1/ln(hi)^6 / 48
frac = 1 / (48 * ln(hi) )

Then frac just needs to be hash(entire output) has zeros in the first log2(1/frac) bits.

Giving those blocks a tiny block reward should be enough to incent releasing them while they're found incidental to searching for the 6-chain.

[ziiip]

shiiiiaaat apart from the frequent disconnects, i'm losing shares as well (job not found) in all my miners. still under ddos? i dunno what to dooooo

If you are seeing a large number of rejected shares you need to reduce the threads your miner is using.

From time to time miners will submit invalid shares, but I do not see a dramatic increase in rejected shares on the pool at this time. Efficiency is above 99%

[Robin37s]

when will the halving occur？
soon？

many thanks！

[xpoolx]

when will the halving occur？
soon？

many thanks！

On February!

[simba841]

Our GPU miner is very promising! Our first tests performed with ATI R9 series graphics cards indicate about 4.5x gain compared to xptMiner dga-c17 on the Intel Xeon E5 series.

It's a great result and we still have to fix some bugs.

We take this opportunity to invite those interested in mine this currency to do so on www.riepool.ovh and use xptMiner 2.2, the best miner in circulation. Only in this way can we continue to develop an innovative miner for Riecoin.
Thanks to those who support us and good RieMining!


P.S.  We all have balls full of you that continue, moreover, to release the blocks even after 15 minutes.... (the one Solo miner that solves 90%+ of the blocks). You have a lot of computing power, ok, at least do not be an asshole!
You, solo miner, will have a nice big surprise from our GPU miner! Yeah!  

[Dead Things]

As a CPU miner, I selfishly don't want there to be a Riecoin GPU miner - but what's best for the project is what's best for the project, and so I look forward to its open source release.