[ANN][PI] piCoin - The Math Cryptocurrency - Just Launched, Now on 3 Exchanges

[CrunchHarder]

block 767 was solved on your pool... which I have a 1,208.2 pi stake in...

If we were to do this... would I lose all of that? Will I be able to earn it back quickly?

To answer your question, yes. Sadly, the blockchain explorer isn't working so I couldn't tell exactly when the diff went crazy, so I just went back 60 blocks, which will orphan 767 if the chain from my code is accepted by the network.

I don't know how long it'll take you to earn it back, but a lot less than it'll take to mine the main chain at those difficulties I'll bet!

[NamunX]

Ok I`m just gonna switch to the new daemon since mining at 1700+ is pointless ...

[hero18688]

There should be a re-launch

[renegadepcsolutions]

There should be a re-launch

agreed

[CrunchHarder]

There should be a re-launch

Well, IMO that's not really fair on miners who mined blocks 1-720. I rolled back as little as possible under the circumstances. Of course, it's a consensus thing, and if people want a relaunch, all they have to do is not mine either chain.

[btcltcdigger]

block 767 was solved on your pool... which I have a 1,208.2 pi stake in...

If we were to do this... would I lose all of that? Will I be able to earn it back quickly?

To answer your question, yes. Sadly, the blockchain explorer isn't working so I couldn't tell exactly when the diff went crazy, so I just went back 60 blocks, which will orphan 767 if the chain from my code is accepted by the network.

I don't know how long it'll take you to earn it back, but a lot less than it'll take to mine the main chain at those difficulties I'll bet!

Explorer is working now

[renegadepcsolutions]

When is this going to hit so I can inform my PIM (Partner in Mining).

He is at his house sound asleep, and will awaken very PISSED OFF because he has 6MH/s running at Hashing.at, and is currently #1 in hashing power on the server.

He has quite the stake, and will need some sort of clear-cut explanation.


Besides, your pool has 16 confirmations left to clear block 767... and pay-out.

[RealDon]

Rolling it back about 5 or so blocks to 775 for the fix would be a better idea than cutting out 55 more blocks than necessary. The difficulty only jumped during the last several blocks.

[NamunX]

When is this going to hit so I can inform my PIM (Partner in Mining).

He is at his house sound asleep, and will awaken very PISSED OFF because he has 6MH/s running at Hashing.at, and is currently #1 in hashing power on the server.

He has quite the stake, and will need some sort of clear-cut explanation.


Besides, your pool has 16 confirmations left to clear block 767... and pay-out.

No action is necessary from him at the moment.

As if I do this he will just start mining on the new chain automatically.

Yeah is 16 from 30 though

[renegadepcsolutions]

Rolling it back about 5 or so blocks to 775 for the fix would be a better idea than cutting out 55 more blocks than necessary. The difficulty only jumped during the last several blocks.

[frankeh]

block 781 is back to the 400's

[renegadepcsolutions]

When is this going to hit so I can inform my PIM (Partner in Mining).

He is at his house sound asleep, and will awaken very PISSED OFF because he has 6MH/s running at Hashing.at, and is currently #1 in hashing power on the server.

He has quite the stake, and will need some sort of clear-cut explanation.


Besides, your pool has 16 confirmations left to clear block 767... and pay-out.

No action is necessary from him at the moment.

As if I do this he will just start mining on the new chain automatically.

Yeah is 16 from 30 though

Remember how I said patience? Yeah... as pool owners, you guys need to realize that applies to you too.

As I said 16, it is now 15.

Give it a minute. Difficulty is dropping and the network is regulating itself.

You guys are jumping the gun and you're going to royally #$%# things up for this launch.


EDIT

As I said... see the post above.

[renegadepcsolutions]

Speaking of which...

sumpool... you owe me 1006 pi-coin. lol 

[renegadepcsolutions]

There should be a re-launch

Well, IMO that's not really fair on miners who mined blocks 1-720. I rolled back as little as possible under the circumstances. Of course, it's a consensus thing, and if people want a relaunch, all they have to do is not mine either chain.

You might want to fix your pool and put it back on the correct block-chain.

As I said it would... the network regulated itself and difficulty is back down.

I hope you backed everything up before you jacked it up, otherwise your miners will be pissed.

[Amph]

3:14 utc, really good launch time

no you fail

[renegadepcsolutions]

3:14 utc, really good launch time

no you fail

You're a bit late to the party.


Have a seat in the back.

[Bitcoins101]

3:14 utc, really good launch time

no you fail

It was 10:14 PM in here in Texas, so it was a pretty good for anyone in the Americas or Asia. Not so much for Eastern Europe.

Difficulty is back down to 400. Looks like things are evening out. People sure do panic quickly.

[CrunchHarder]

block 781 is back to the 400's

Yes, the original chain has managed 2 blocks. I'm somewhat surprised - it'll stick again once a block comes in under the target time though, assuming it gets that far.

[tertius993]

Speaking of which...

sumpool... you owe me 1006 pi-coin. lol 

I had 4000+ which have just disappeared.

Think I shall leave this coin to it.

[NamunX]

http://farm4.staticflickr.com/3776/13132134763_123e9f1e3d_o.jpg