Merge Mining Scrypt Coins - Get 4 times your hash power! DOGE/LTC/DGC/CAT/42

[hercules1600]

How do you set it to mine just one coin, and then the others by default?

You don't, they have a set distribution according to their site.

I'm trying it out but seeing 70% rejects....I average <1% on wafflepool.

The rejected rate and accepted is totally false. I have read somewhere else which I will find for you but because of the way it works by checking muliple blockchains those numbers are not right.

How do you set it to mine just one coin, and then the others by default?

To mine a coin you must first add your address so it knows where to pay. To not mine a coin simply do not add that address.

So if you would like to mine only doge and then the 4 secondary coins, then only add those wallet address.

Hope this helps

That's not true, you just don't get those coins. There is no choosing coins.

Source on this? This is my reason for not mining. I don't want to mine the other coins, but I'm not going to let them just go down the drain.

I am not sure myself, it is quite hard to figure out proper stats for some of these large coins without a larger hashrate. I can confirm that I had my doge and LTC with all the others, except org because I cannot compile it , and I was getting DOGE, LTC, and PTC.
I read USC has most blocks being found at f2pool now because our hashrate is low.

[Sir Lagsalot]

And what's the deal with Potcoin, I see the wallet is selectable but don't find other info on it?

[Fastpow]

Did anyone check if this actually works?

[cryptoaddict09]

Im in, but very strange.. 40%rejected, cant see shit about what am i mining... bad developing or scam, you decide!

[Speedie]

Did anyone check if this actually works?

Giving it a whirl for 24 hours with 40MH/s. Not like there are huge profits anywhere else that I'm missing out on! So far I have a pile of ORG, a few PTC, and a single lonely HUC.

I started with all brand new wallet addresses, so I'll update after 24 hours (approx. midday EST tomorrow, 3/5/2014) with some initial results.

[jonnysomething]

I contacted the developers:



Question: So is it possible to invest all of my hashrate to doge and not lose any of my hashrate to the other coins?


Answer: No, sorry, this is a merged mining pool, but please, see the power-sharing table and say to me if you can think you are really loosing something.

http://en.manicminer.in/docs/mining

And check the values of these coins, specially 42 and PesetaCoin, at the exchanges like cryptorush or cryptsy.
Remember, the secondary chain coins fall to you FOR FREE, we take the right shares from the main chain ones and use it directly, no power user on it.

[Alohaboy?!]

Did anyone check if this actually works?

Giving it a whirl for 24 hours with 40MH/s. Not like there are huge profits anywhere else that I'm missing out on! So far I have a pile of ORG, a few PTC, and a single lonely HUC.

I started with all brand new wallet addresses, so I'll update after 24 hours (approx. midday EST tomorrow, 3/5/2014) with some initial results.

i´m looking foward to your answer.. this whole thing is a kind of mysterious^^

[Speedie]

Did anyone check if this actually works?

Giving it a whirl for 24 hours with 40MH/s. Not like there are huge profits anywhere else that I'm missing out on! So far I have a pile of ORG, a few PTC, and a single lonely HUC.

I started with all brand new wallet addresses, so I'll update after 24 hours (approx. midday EST tomorrow, 3/5/2014) with some initial results.

i´m looking foward to your answer.. this whole thing is a kind of mysterious^^

Indeed it is. 1.5 hours in and it looks like I'll also have some DOGE, 42, and USC to add into the mix, although USC isn't traded anywhere that I can see. A couple of initial thoughts:

1) It would be good to have a wider selection of primary coins that the pool can switch between based on profitability.

2) Auto-exchange to BTC would be nice as it's a pain keeping track of 9 different wallets plus the various exchanges that are needed to accommodate the coins.

So I guess I want something like Wafflepool or CleverMining but with merged mining. Shouldn't take more than a few minutes for someone to set up 

[xbudahx]

I did 1.4 mh/s for 16 hours so far and have this

Currency   Balance
42   0.00000297
DOGE   919.9153608
CAT   0
LTC   0.0061456
DGC   1.12782264
HUC   0
PTC   15.16324673
ORG   3291
USC   2.68625245


I'm not sure how much time it was on my backup pools but they show activity so I must have had trouble connecting to manicminer at some point.

[jonnysomething]

16 hours of mining on a 2.4 rig and i would have 6500 doge. I don't think this is worth it.

[Speedie]

I did 1.4 mh/s for 16 hours so far and have this

Currency   Balance
42   0.00000297
DOGE   919.9153608
CAT   0
LTC   0.0061456
DGC   1.12782264
HUC   0
PTC   15.16324673
ORG   3291
USC   2.68625245


I'm not sure how much time it was on my backup pools but they show activity so I must have had trouble connecting to manicminer at some point.

I make that about 0.00279 BTC in 16 hours, so extrapolate out to 24 hours = 0.004185 BTC for 1.4 MH/s = roughly 0.003 BTC per MH/s per day. That's around 1/3rd of what Wafflepool or Clevermining would return  

Edited to add: that calculation is slightly unfair as it doesn't account for pool downtime. So far I've seen a lot of up/down in CGMiner. There's also a good chance that profitability would increase considerably with a higher total hashrate to throw at the higher difficulty coins.

[Speedie]

Ended the experiment after 4 hours or so. Pool is unfortunately down as often as it's up, and as much as I love a good experiment I can't have my rigs losing mining time constantly. Even with a backup pool configured there's still way too much lost time and work.

Also it looks as though the merge-mined coins (HUC, ORG, PTC, USC) are essentially worth what you pay to mine them e.g. 0.00000006 BTC for ORG and USC doesn't even have an exchange.

Nice idea that will maybe mature into something worthwhile one day.

[erre]

I'm trying it too... but seems too shady (no way to visualize proper stats) and nor profitable 

[Hazard]

This isn't how merged mining works. Coins need to patched (and therefore hardforked) for them to be merge mineable.

Namecoin example: https://github.com/namecoin/namecoin/blob/namecoinq/src/auxpow.cpp

Whatever is going on here, it certainly isn't merged mining.

[smscotten]

They aren't claiming that DGC, DOGE, LTC, or any of the "main" coins are merged. Only HUC, ORG, PTC, and USC are claimed as merged. USC and HUC at least are designed to be merge-mined. Don't know about the others without looking.

Nevertheless, this looks very scammy.

72 hours' test (which should be enough to sort out variance even if this is running p2pool underneath) at ~50Kh/s yielded:

DGC   0.34859148 vs ~5 elsewhere
DOGE   60.78225803 vs ~650    
LTC   0.00426753   vs ~0.04    
42   0.00000050   vs
CAT   0.03166796   vs 1
HUC   0 vs
PTC   0.94306607 vs    
ORG   0 vs    
POT   0 vs
USC   0.09437904 vs

The total of all that is about 0.00013645 BTC per day total for all coins and being very generous about a guesstimate at the value of USC.

That's about 9¢ per day for 50Kh/s. Coinwarz says 50Kh/s would yield 11¢/day on Catcoin, 32¢/day for 42, 22¢/day for LTC, 27¢/day for DOGE, or 14¢/day for DGC.

Bottom line: you'll get more value out of straight-up mining Catcoin, the worst performer of the bunch.

Maybe not a scam, maybe just incompetent.

I lost about 70¢ running this test. Hopefully it will save others the time of repeating the mistake with real hashpower.

[OpenPay]

I don't see Orgcoin on manicminer.in but I remember them announcing over in our forums and I see some folks here saying they're getting some.

It looks like ManicMiner is using p2pool, if that's the case you need the following settings or you're going to see a lot of wasted/rejected hashes.

expiry=10, scantime=9 queuesize=0

If you still see > 10% rejects then turn your intensity down a bit.
Orgcoin has a 10 second block time, having your expiry higher than that means you're totally wasting hash power.
Also I'm not sure about mining USC & Org together they use the same pch message header and that could be confusing things.
In the next major release of Orgcoin that will be fixed, but we never expected to be merge mined with other merge mineable coins.

If you want a quick run down on how merge mining works look at namecoin or devcoin both of which are regularly merge mined with bitcoin.
To put it in it's simplest terms the mergemined coin is setup to accept the parent coins PoW as its own.  This is especially acceptable in instances where the child coin is quiet (not a lot of transactions going on). And it helps to make the coin far more resilient against 51% attacks since the child coin effectively gets the hashing power of the parent to protect it.

Right now at the time of this writing Orgcoin is trading for 200 satoshi on cryptorush.  We've never pumped this coin.  All promotion has been limited to 1 posting here and 1 over at cryptocointalk. 

We have some pretty lofty goals, and 100% of all profits each month are given to the charity, non-profit or good cause selected by our members.  Please see www.orgcoin.org for more details.  If you have any questions please feel free to hop in irc.freenode.net /join #orgcoin

Thanks everyone for the interest!

[chesthing]

Huntercoin should be on top of the list of main chains. Its a coin that is grossly undervalued and I don't understand why.

I read that a lot here and it makes no sense. The market determines the price, and dictates what a coin is worth.

[peacefulmind]

wow actually a interesting post in this forum.

thanks!

[anderl]

This isn't how merged mining works. Coins need to patched (and therefore hardforked) for them to be merge mineable.

Namecoin example: https://github.com/namecoin/namecoin/blob/namecoinq/src/auxpow.cpp

Whatever is going on here, it certainly isn't merged mining.

Exactly.  Im not sure if the dev is scamming or an idiot.  This is grossly inefficient.    Actually a net loss trying to mine too many coins at the same time.  Merge mining sucks, and ruined a lot a good sha256 coins.

[Viceroy]

heres a bit more information https://en.bitcoin.it/wiki/Merged_mining_specification


I currently have a rig pointed at them for DOGE and LTC and all secondary except ORG I am working on compiling an org wallet since that is what the pool is mostly finding since the network hash of the other coins is relatively high.

If we can get more people on this pool it is by far the best way to mine, much more efficient when your incorrect hashes can be correct on another chain.

Orgcoin has a windows wallet now.

https://bitcointalk.org/index.php?topic=415705.msg5560738#msg5560738