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Author Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO  (Read 2460981 times)
Radiostatic
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February 25, 2014, 09:05:07 PM
 #1141

Want to clarify how p2pool works - for those who wonder why they don't get payouts.
In p2pool there is such thing like "minimal paid share difficulty". Its value depends on overall pool rate and it changes quite often.
Only shares with difficulty above this minimum will be paid. All other shares are just for calculating your hashrate and basically don't affect you payout.
Currently minimal difficulty on black coin p2pool is 0.08 - this means that paid shares are those which have diff above 0.08*65536, i.e. 5242.

Another thing to take into account is that p2pool works on PPLNS system. When pool finds block it pays only for X last shares submitted to it from all user, not for all shares since last block. This mean that you shall be lucky enough to have your share in this "window" of X shares.
More detailed info is here: http://pool-x.eu/aboutpplns

Summary: in order to get payout for particular block you shall have at least one paid share submitted during pool's round window. This might be problematically for miners with low hashrate when p2pool becomes large (and therefore paid share diff increases) - they might consider jumping to regular pools.

And one more: all p2pool nodes posted here are part of single p2pool and there is no any difference where you mine your coins. The only thing you might want to check is server latency. So, choose the one that is closer to you.




Thank you for putting it into better words than I could! I'm sure this will clear up a lot of confusion on P2P vs centralized pools
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kopam
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February 25, 2014, 09:08:49 PM
 #1142

Blackcoin does not appear to have a website yet. I'd like to offer my services for a bounty (don't have a mining rig=/)
here's an example of my latest work (still in progress) =)
PM me if interested
A dedicated forum will be included with the site =)
http://pmc.cryptotycoons.com/index.html


i'm also interested in purchasing BC, PM me offers!

There is a website:
http://blackcoinweb.wordpress.com

New domain coming soon.
Thanks for the heads up; its not in the OP (unless i'm blind)
Regardless, mine are built from scratch, basic html/css. pretty flexible if you want something fancier =)


The web page does look interesting, the one we have right now is a bit short on a good graphic design. Maybe you can work together with Soepkip ?
I will donate for an update of the web page, a new web design etc would be good. This is just my opinion, maybe everyone can say what they think.
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February 25, 2014, 09:10:06 PM
 #1143

Let's not forget the dev. Lot's of whales mining BC and his donations amount to only 2109 BC, half of which is from me. I am not a whale by any means.

http://agran.net/bc_getbalance.php?addr=B8gZqgY4r2RoEdqYk3QsAqFckyf9pRHN6i

Indeed, share some of your wealth ! The dev is working hard and he deservers to get some for that.

1500 coins sent from me ! When i have more i will give more ! Good work for the coin and keep up the good work rat4, you are gret ! Smiley
radi324
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February 25, 2014, 09:10:29 PM
 #1144

Want to clarify how p2pool works - for those who wonder why they don't get payouts.
In p2pool there is such thing like "minimal paid share difficulty". Its value depends on overall pool rate and it changes quite often.
Only shares with difficulty above this minimum will be paid. All other shares are just for calculating your hashrate and basically don't affect you payout.
Currently minimal difficulty on black coin p2pool is 0.08 - this means that paid shares are those which have diff above 0.08*65536, i.e. 5242.

Another thing to take into account is that p2pool works on PPLNS system. When pool finds block it pays only for X last shares submitted to it from all user, not for all shares since last block. This mean that you shall be lucky enough to have your share in this "window" of X shares.
More detailed info is here: http://pool-x.eu/aboutpplns

Summary: in order to get payout for particular block you shall have at least one paid share submitted during pool's round window. This might be problematically for miners with low hashrate when p2pool becomes large (and therefore paid share diff increases) - they might consider jumping to regular pools.

And one more: all p2pool nodes posted here are part of single p2pool and there is no any difference where you mine your coins. The only thing you might want to check is server latency. So, choose the one that is closer to you.




Thank you for putting it into better words than I could! I'm sure this will clear up a lot of confusion on P2P vs centralized pools

so should a miner with 2MH/s join a P2P or centralised pool? thanks

[MUN] Muniti - Malta's National Cryptocurrency - http://www.muniticoin.com/

Bitcointalk thread - https://bitcointalk.org/index.php?topic=545886.0
Radiostatic
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February 25, 2014, 09:13:09 PM
 #1145

Want to clarify how p2pool works - for those who wonder why they don't get payouts.
In p2pool there is such thing like "minimal paid share difficulty". Its value depends on overall pool rate and it changes quite often.
Only shares with difficulty above this minimum will be paid. All other shares are just for calculating your hashrate and basically don't affect you payout.
Currently minimal difficulty on black coin p2pool is 0.08 - this means that paid shares are those which have diff above 0.08*65536, i.e. 5242.

Another thing to take into account is that p2pool works on PPLNS system. When pool finds block it pays only for X last shares submitted to it from all user, not for all shares since last block. This mean that you shall be lucky enough to have your share in this "window" of X shares.
More detailed info is here: http://pool-x.eu/aboutpplns

Summary: in order to get payout for particular block you shall have at least one paid share submitted during pool's round window. This might be problematically for miners with low hashrate when p2pool becomes large (and therefore paid share diff increases) - they might consider jumping to regular pools.

And one more: all p2pool nodes posted here are part of single p2pool and there is no any difference where you mine your coins. The only thing you might want to check is server latency. So, choose the one that is closer to you.




Thank you for putting it into better words than I could! I'm sure this will clear up a lot of confusion on P2P vs centralized pools

so should a miner with 2MH/s join a P2P or centralised pool? thanks

At that hashrate you can choose really, P2Pools usually have less fees but also infrequent but large payouts. Centralized pools pay out very often but you won't get as much when it does. Why don't try both for 24 hours and see what you like?
radi324
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February 25, 2014, 09:15:11 PM
 #1146

I'd normally test both but since we're on a time-frame here until mining stops, I can't afford to potentially lose out on a lot of coins while testing... currently on a centralised pool and getting around 9k BCs per day

[MUN] Muniti - Malta's National Cryptocurrency - http://www.muniticoin.com/

Bitcointalk thread - https://bitcointalk.org/index.php?topic=545886.0
artiface
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February 25, 2014, 09:16:07 PM
 #1147

is bc.crypto-coinz.com down?   i'm still hashing, but no web page.

nevermind.  working again
Greekpool
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February 25, 2014, 09:17:21 PM
 #1148

Has GreekPool updated to 1.0.1? It would be nice to know which pools have updated and which have not so when we get to 5000 there aren't problems.
Yes we have
TheProgrammer
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February 25, 2014, 09:18:44 PM
 #1149

Has anyone gotten a payout from p2pool http://188.226.185.177:8336/ because I haven't.

Ocme to my p2pool Smiley

http://freebtc.eu:8336/static/

We're getting payouts all the time Smiley

Well I'm mining on dev's p2pool to support him but the 188.226.185.177:8336 pool just has been my backup pool and accidentally primary pool on one miner so that's why I noticed.

I am mining for the last 20 minutes but i dont see my wallet address in Payout section even though there r like 4 blocks found in 20 mins, what could be wrong?
Radiostatic
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February 25, 2014, 09:20:30 PM
 #1150

P2P Pool, 0.5% fee!
High-speed server located in Amsterdam

http://188.226.185.177:8336/static/ for the web interface.
Use "minerd -o http://188.226.185.177:8336 -u <BCAddress> -p password" to connect!
Updated with direct link to the block explorer for transactions, blocks and addresses + latest client(1.0.1)!
CremeFraiche
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February 25, 2014, 09:20:53 PM
 #1151

So my last question to Radiostatic.
I was mining the whole day with 2MH/s at your pool and payouts stopped suddenly after I was out for work. So no payouts for around 8 hours!
Does I have to wait for payouts (is there something on the way) or does my rig was heating my appartment the whole day for nothing?

...does not make sense for me.
LIghtvelocityCoin
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February 25, 2014, 09:21:38 PM
 #1152

6-8Gh/s!
It's crazy!

artiface
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February 25, 2014, 09:21:49 PM
 #1153

P2P Pool, 0.5% fee!
High-speed server located in Amsterdam

http://188.226.185.177:8336/static/ for the web interface.
Use "minerd -o http://188.226.185.177:8336 -u <BCAddress> -p password" to connect!
Updated with direct link to the block explorer for transactions, blocks and addresses + latest client(1.0.1)!

Sweet.  That was quick!
bluntt
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February 25, 2014, 09:24:02 PM
 #1154

someone send me invite to greekpool please?
zografabitcoin@gmail.com
oldmarsh
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February 25, 2014, 09:25:14 PM
 #1155

Has GreekPool updated to 1.0.1? It would be nice to know which pools have updated and which have not so when we get to 5000 there aren't problems.
Yes we have

Thanks for the response.

Also, wanting to buy 1.0 BTC worth of BC.
Soepkip
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February 25, 2014, 09:26:16 PM
 #1156

Our website (http://blackcoinweb.wordpress.com) will move to it's own domain tomorrow (blackcoin.co)

Twitter & Facebook going well!
https://twitter.com/CoinBlack - 26 followers!
https://www.facebook.com/pages/Blackcoin/213791248827612 - 15 Likes

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->  BLOCKTIX  ->  Ticketing platform with a dual blockchain on Ethereum for event hosting
-> WEBSITE - SLACK - TWITTER - FORUM
-> Join our community to learn about our upcoming ICO
Radiostatic
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February 25, 2014, 09:28:27 PM
 #1157

So my last question to Radiostatic.
I was mining the whole day with 2MH/s at your pool and payouts stopped suddenly after I was out for work. So no payouts for around 8 hours!
Does I have to wait for payouts (is there something on the way) or does my rig was heating my appartment the whole day for nothing?

...does not make sense for me.

I don't know exactly when the hashrate exploded, but P2P mining is just like solo mining, it depends on luck. Sometimes you can find 5 blocks in an hour, or 1 block in 5 hours. You'll still end up with the same payout on average if you were to mine solo or on a P2Pool, but P2Pools payout more often than solomining does.
illodin
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February 25, 2014, 09:33:37 PM
 #1158

Is it ok if I use the same username (i.e. wallet address) for all my miners in a p2pool? And if my miners are weak independently, do having them use the same username help to avoid the situation of not getting paid because of too low hashrate?

Oh and also, if you don't specify the difficulty in the username what is the default? Is it likely to drop below the not-gonna-give-u-any-coins limit?
oldmarsh
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February 25, 2014, 09:34:37 PM
 #1159

What is with the huge swings in network hashrate?
Radiostatic
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February 25, 2014, 09:37:28 PM
 #1160

Is it ok if I use the same username (i.e. wallet address) for all my miners in a p2pool? And if my miners are weak independently, do having them use the same username help to avoid the situation of not getting paid because of too low hashrate?

It might be hard to understand, but the chance to hit a block after 1 minute is just as high as hitting it after 1 hour. But if someone has twice your hashrate they also have twice the chance of hitting a block. So technically you will earn the EXACT same doing centralized mining, P2P mining or even solo mining. The only difference is the fee that is applied, centralized usually having the highest, then P2P, then lastly solo mining which is feeless.

It also takes the shortest time to see earnings in a centralized pool, average in a P2Pool because if ANYONE hits a block you get your share of the earnings. And lastly the longest in solo mining because you have to hit the block, but you get the whole value of it.
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