[ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink

[Winky]

Just about to try p2pool for the first time (on any coin) and saw this over at Qemulab...

http://888.qemulab.com:8888/static/
     
Why are some people with less hash getting more coins than those with more hash?

I´m hashing at this pool since release and it is very very smooth. Not a single downtime, big payouts and i can see my current hashrate. 100% recommended!

[SuperSta]

http://octo.lifeforce.info

Fee: 0%
VarDiff: Yes
Stratum: Yes
System: Prop

Block Finders and Block Reward Bonuses coming soon.

[makishart]

Just about to try p2pool for the first time (on any coin) and saw this over at Qemulab...

http://888.qemulab.com:8888/static/
     
Why are some people with less hash getting more coins than those with more hash?

I´m hashing at this pool since release and it is very very smooth. Not a single downtime, big payouts and i can see my current hashrate. 100% recommended!

+1

[OctoCoin]

OctoCoin block explorer (version 1) online:

http://explorer.octocoin.org

[LuxCapacitor]

https://d99a2073cc2f0bc92a42-49c7a07437e2e6ff3ff05a3f2fc4c982.ssl.cf1.rackcdn.com/octocoin/images/octocoin_logo_200x200.png

North American P2Pool nodes for Octocoin

Los Angeles stratum+tcp://uswest.betterthancash.net:8888

Sample cgminer conf
"url" : "stratum+tcp://uswest.betterthancash.net:8888",
"user" : "<Your Octocoin Wallet Address>",
"pass" : "<Random String>"

*NEW* Chicago stratum+tcp://chicago.betterthancash.net:8888

Sample cgminer conf
"url" : "stratum+tcp://chicago.betterthancash.net:8888",
"user" : "<Your Octocoin Wallet Address>",
"pass" : "<Random String>"

Why p2pool?
Payout directly to your Octocoin Wallet, no TX fee
No way to rip you off!
DDOS resistant (Add second p2pool node as fallback)
All Nodes work together as one pool.
0.5% blockfinder bonus!

P2Pool Nodescanner
http://octoscanner.qemulab.com/

IRC
#p2pool-888
Block announcements and P2Pool related Questions

If you want to setup your own Node use this Repo
https://github.com/TheoRettisch/p2pool-octocoin/


P2P_PORT: 9488
WORKER_PORT: 8888

* Yes while the geoip feature of the node scanner says we're in Buffalo, NY (which is where our server provider is based) traceroute says we're in Los Angeles and Chicago!

[LuxCapacitor]

OctoCoin block explorer (version 1) online:

http://be.octocoin.org

Good job!  It would be great if you used http://explorer.octocoin.org/ so we don't have to update all the p2pool nodes.  

Also, you might want to add a custom favicon to match the slick theme.


*edit* ohh.. that's the MRY explorer.. interesting..

[OctoCoin]

The DNS is still updating for explorer.octocoin.org - we are using FusionHash's hosting services for some of these basic items.

We will be making some additional tweaks to the explorer as well.

[frameLAlife]

Devs, any status update on the tipbot for reddit? will you be posting it there when it's ready? thanks!

[avemitchell]

LOVING this coin still. Stable stable stable. BUT, I would like it if you guys updated your twitter more often!

[OctoCoin]

Devs, any status update on the tipbot for reddit? will you be posting it there when it's ready? thanks!

We will, yes. We have registered /r/octocointip and /u/octocointip - we will begin getting these sections updated this evening and get the Tip Bot linked up live.

We definitely want to get it out tonight along with all of the other items which have already been completed.

[edric]

Devs, any status update on the tipbot for reddit? will you be posting it there when it's ready? thanks!

We will, yes. We have registered /r/octocointip and /u/octocointip - we will begin getting these sections updated this evening and get the Tip Bot linked up live.

We definitely want to get it out tonight along with all of the other items which have already been completed.

You guys are doing a great job. Keep up the good work! My pool is doing superb as well. We're not huge, about 13% of the network, but we're mining at a decent enough rate. I got the block explorer integrated into our system, seems your DNS has propagated already. I'm happy to say we're not experiencing any more payout issues and we're chugging along happily. This coming Saturday we're doing a 25% giveaway, so don't forget to mine and receive a payout to be entered in the drawing! I don't have an exact estimate for the prize yet but it'll definitely be enough to buy beer or pizza!

Ugh, I can't think about beer or pizza right now.. I just had a bad batch of nachos.

[MEGAman]

Devs, any status update on the tipbot for reddit? will you be posting it there when it's ready? thanks!

We will, yes. We have registered /r/octocointip and /u/octocointip - we will begin getting these sections updated this evening and get the Tip Bot linked up live.

We definitely want to get it out tonight along with all of the other items which have already been completed.

You guys are doing a great job. Keep up the good work! My pool is doing superb as well. We're not huge, about 13% of the network, but we're mining at a decent enough rate. I got the block explorer integrated into our system, seems your DNS has propagated already. I'm happy to say we're not experiencing any more payout issues and we're chugging along happily. This coming Saturday we're doing a 25% giveaway, so don't forget to mine and receive a payout to be entered in the drawing! I don't have an exact estimate for the prize yet but it'll definitely be enough to buy beer or pizza!

Ugh, I can't think about beer or pizza right now.. I just had a bad batch of nachos.

I've been doing quite well at your pool. FusionHash is working on taking over the world so I'd much rather support a smaller pool. You gotta fix the URL under your bitcointalk avatar though. It should be octocoinpool not octocoin.

[edric]

Devs, any status update on the tipbot for reddit? will you be posting it there when it's ready? thanks!

We will, yes. We have registered /r/octocointip and /u/octocointip - we will begin getting these sections updated this evening and get the Tip Bot linked up live.

We definitely want to get it out tonight along with all of the other items which have already been completed.

You guys are doing a great job. Keep up the good work! My pool is doing superb as well. We're not huge, about 13% of the network, but we're mining at a decent enough rate. I got the block explorer integrated into our system, seems your DNS has propagated already. I'm happy to say we're not experiencing any more payout issues and we're chugging along happily. This coming Saturday we're doing a 25% giveaway, so don't forget to mine and receive a payout to be entered in the drawing! I don't have an exact estimate for the prize yet but it'll definitely be enough to buy beer or pizza!

Ugh, I can't think about beer or pizza right now.. I just had a bad batch of nachos.

I've been doing quite well at your pool. FusionHash is working on taking over the world so I'd much rather support a smaller pool. You gotta fix the URL under your bitcointalk avatar though. It should be octocoinpool not octocoin.

Oh, good catch. It's funny because I looked right at it earlier and didn't notice, and in another thread I typed the same thing, when it was supposed to be a completely different URL.. I need to stop typing when I'm sleepy. I really appreciate everyone's support for my pool! We may not be big and we may not take over the world, but I hope I still provide a valuable service all the same. Having less users also means I'm able to provide more personal and prompt service to my users should they experience issues. I will always do what it takes to make sure you get what you earn. We may not be the biggest and the best, or richest, but if we ever make it there, it'll be because of you, the community and miners, which is why I dedicate myself to this endeavor so fiercely.

Since everything's running smoothly for now, I think it's time to play some FFXI...

[eeaweeaws]

love this coin but so far i think there it's not enough promotion and miners
i am worried about when we reach day 9, block reward change to 88, will most of the miner dump their coins
when the new miners know first 8 days we got 888 per block, will they join

[edric]

love this coin but so far i think there it's not enough promotion and miners
i am worried about when we reach day 9, block reward change to 88, will most of the miner dump their coins
when the new miners know first 8 days we got 888 per block, will they join

Well, I think a lot of people will dump, but if we can keep people mining, those that hold on to their coins may be rewarded for it later down the line. It'll probably rise in value later on after the block rewards decrease to 88, hopefully. It hit a high of .00002499 today, I'm betting it can go higher than that. Tomorrow I need to scour the thread, I'm not sure what all exchanges we're on so far. I'll put them in a news post in the pool as well. For now though, I'm off to bed. Pool's at 115MH right now, going strong!

[medialx]

it needs to be profitable for people to mine..

when the current 888 block runs out..this is going to be the most un-profitable coin..

we will see how it goes..

[OctoCoin]

love this coin but so far i think there it's not enough promotion and miners
i am worried about when we reach day 9, block reward change to 88, will most of the miner dump their coins
when the new miners know first 8 days we got 888 per block, will they join

Keep in mind it's quite early - OctoCoin just launched ~60 hours ago. Since launch, OctoCoin has maintained an average hash rate that places it in the top 5 for all scrypt-based coins and there have been over 8,000 OctoCoin downloads - I would say we are off to a great start.

Early on, even the most successful coins have limited services and exchange support - the lure is in the increased mining returns. Sure people may dump their coins - at modest volumes, OctoCoin offers one of the best returns out there right now.

Also, while the upcoming reward drop-off is steep, it is not as steep as most people seem to be concluding. The block reward drops to 88 OctoCoins per block, correct, but there will also be ~123 blocks/day containing 888 OctoCoins. Early miners are taking the biggest risk and, therefore, receive the biggest rewards.

We anticipate a slight drop-off when the block reward drops as obviously ROI will drop dramatically. However, we expect network speed to slowly roll back up as OctoCoin gains traction via new services, a stronger community, and additional exchange listings. All of this will begin to increase exposure and, ultimately, the value. It shouldn't take long before the same-day ROI is right back to today's levels, at the same difficulty, even with the reduced rewards.

Marketing, promotion, and community building will all come with time. OctoCoin has just been born - we need to feed it and give it time to grow. Anybody dumping now or in the near future is either desperate or extremely short-sighted. We created OctoCoin to be a game changer and it will absolutely change the game. For now, enjoy these mining returns and low prices while they last. It's good to separate OctoCoins from weak hands as it strengthens the power in the end.

[hometester]

Does anyone know the owner of fusionhash? I am missing my coins from the pool

I hired a 15MH rig, it was all going well i launched it before i went to sleep several hours later I check and there are 7k coins..

I get home from work and now there are 2k and a lot of fees taken out

I am very new to this and profoundly dissapointed.

Transactions https://docs.google.com/file/d/0BwOzGGdecfwgNUhzLXd6a3ZfZXc/edit?usp=drivesdk
Dashboard https://docs.google.com/file/d/0BwOzGGdecfwgdDRoWVl6aUw1Njg/edit?usp=drivesdk

WTF

Please if someone can help me


fixed it

1 my wallet was opened all day and showing as synced but i closed it and reopened it and synced again and coins are in
2 i didnt know about Debit_AP, status Confirmed filter. I just assumed all the transactions were listed by default

Phew

[lametom]

Any coin that is a game changer is highly promoted socially or DOES something. Since Octocoin isn't being highly promoted socially, what is something it might do to make it a "game changer" as you say (just one real thing, common, one thing)... Many statements like "powerful business component", "most compelling cryptocurrency in history", and "most technologically advanced services" have been made along with some mysterious connection to SXSW which has never been explained and are currently all talk and don't change any games, at all...

[paniczklos]

OctoCoin p2pool node - Amsterdam, EU

COME ON GUYS - WE NEED YOUR MHS !

LOW DOA

BIGGER PAYOUTS THAN IN A STRATUM MINE !!

DDOS RESISTANT

http://freebtc.eu:8888/
1% fee
ALSO REMEMBER THAT PAYOUT GOES STRAIGHT TO YOUR WALLET AFTER EACH BLOCK !! YOURPAYMENTS WILL GROW OVER TIME (2-4 hours) SO DON'T PANIC IF YOU GET SMALL PAYOUTS AT THE BEGINNING

USAGE:

Code:

cgminer.exe -o freebtc.eu:8888-u your_wallet_address -p x

Here's how the p2pool works : http://forum.netcodepool.org/forum/showthread.php?tid=672