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

[shellbunner]

And FusionHash is back online...

Correct - our OctoCoin pool is back online. The issue was stratum-related and surprisingly early data appears to show it had nothing to do with the new 1.8 client. It seems a bit coincidental considering our OctoCoin pool has had 100% uptime over the past 50 days. In any case we will keep our eye on things while we continue to investigate. We plan to upgrade our stratum servers in the near future regardless so perhaps we will have to move the goal posts closer on that. Apologize for the inconvenience and hopefully everybody had a backup pool set! So feel free to hop back in and thank you again for mining at FusionHash!

Good to see things running again. 

And we just passed Rambocoin for voting on Mintpal. We're slowly moving on up!

Seems you guys always have a reason for everything so I'm sure there is a good reason but if there isn't I'd be willing to buy a few votes with my Cryptsy Points.

Ha! I went on a voting spree a week ago and got carried away with my Cryptsy points voting for 888. And then Cryptsty points doubled in value.  Terrible timing, but maybe someday we'll get listed there. Although I must say, I am liking Bittrex more and more everyday. Site is pretty slick and the support is great. Plus it's based in Seattle, so I'm biased.

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[peterw]

cowboys like "Stability Shares"

Doubt anyone's ever described that coin that way. Funny. Also curious about the actual question of cryptsy v. Mintpal.

[djslick]

IMO craptsy needs to die. I've been personally burned by them 3 times, and after every time i say "never again", and i never seem to learn. so a cursory google search for terms like: "cryptsy, terrible, awful, horrible, scam, etc."

in short, i'm %99 sure that after all my own experiences and the stories i've heard from several personal friends, and well, everyone else on the internet, is that cryptsy operate on a factional reserve system, aka how mt gox was doing things. they trade volumes of coins that they don't actually posess. and when you deposit to their wallets, often you're literally just making up for their own gambled losses.

3 times i've deposited a coin to have it just dissapear, well not dissapear, it's still "there" but i can't withdraw it. i try for over a week, all support says is "sorry". they "aren't sure how this happened" I know goddamn well how it happened, fractional reserve bullshit banking is how.

the only thing i could "do" with my coins is trade them on cryptsy for BTC, which i was still able to withdraw. even though cryptsy was giving me the shittiest exchange rate for that particular coin at the time. i've lost thousands of dollars through that site. never again. never again.

and for the record i have no vested interest in seeing a different site become the main exchange for octo, i just do not wanna see this coin screwed by the liquidity issues that go hand-in-hand with cryptsy. it often takes 24-48 hours for your deposits to even show up, this is "normal". octo's plans said that for them to deploy their masterplans, they require "liquidity". cryptsy provedies the exact opposite. frustration, frozen assets, and lost revenue.

<--- infinity coin, digitalcoin, and leafcoin. all frozen at crucial trading times. 2 of those 3 were frozen for over a week before i just buckled and traded for BTC, after losing potential thousands on the "ACTUAL" free market.

never again.

[MEGAman]

Just to do it right.  
I just have to download the new wallet and add the nodes, that's all?  

Far from a newb when it comes to mining and technology in general but I've never done a conf file. I thought I did it right but get a run time error. Care to lend a hand?

If you are on Windows you just open notepad and toss this in there off OctoCoin post 1:

Code:

listen=1
server=1
daemon=1
rpcuser=user
rpcpassword=xxx
rpcport=22888
addnode=162.243.144.135
addnode=162.243.149.125
addnode=162.243.207.204
addnode=162.243.141.242

You don't even need the usr/pass but whatever - defaults are fine. Then you save the file as OctoCoin.conf in /Users/(your username)/AppData/Roaming/OctoCoin

Or if you chose a different folder when you ran Octo for the first time you can save it in there. If you don't see AppData in Windows Explorer you might have to go to View >> Options >>  Change Folder and Search Options >> View >> Show hidden files and system files and save. If you are on Linux I think you go to /home/(your username)/.octocoin and toss it in there.

Sounds more complicated than it is if you've never done a conf - should be no prob. Then close the client and re-open. Odds are you won't even need to add the nodes actually but the devs are probably just playing it safe. I did it just in case!

ALWAYS change rpcuser and rpcpassword unless you are 100% confident that access to the rpcport is blocked.  Failing that, always encrypt your wallets.  Otherwise, if the rpcport is accessible for an un-encrypted wallet and you download or copy/paste a .conf file with server=1 set or enabled by default then you can lose your coins.  If somebody has access through the RPC port all they need is;

Code:

getaddressesbyaccount ""
dumpprivkey "oneofyouraddresses"

private key(s) can then be imported into another wallet and once there, funds can be transferred elsewhere, you just lost all your coins.

My bad! I always encrypt my wallets and only allow LAN IPs but still good points. No sense half-assing an important password. On most of my wallets I don't even have an rpcuser/pass since I never solomine.

[Stormbringer]

    https://fusionhash.com √
        Dedicated 12-Core/32GB Server in Silicon Valley
        PROP Payouts, SSL, Stratum, VarDiff
        DDoS Protection
        1% Pool Fee

I mined here, received only half of what it should be according to current difficulty and my hashrate. So the fee is actually 51%.

[MEGAman]

   https://fusionhash.com √
        Dedicated 12-Core/32GB Server in Silicon Valley
        PROP Payouts, SSL, Stratum, VarDiff
        DDoS Protection
        1% Pool Fee

I mined here, received only half of what it should be according to current difficulty and my hashrate. So the fee is actually 51%.

Yeah the problem is just you being naive and/or not very smart. Depending on how long you mined you might not have a very big sample size. Ever heard of variation? There have been times where it's been an hour between bitcoin blocks on the entire network even though the target time is 10 minutes. Also there is a fork coming to address an issue where the bonus blocks are being hit with huge mining farms as soon as they pop up so perhaps this was part of your issue. That's one of the big reasons the fork is happening. Welcome to 2 weeks ago buddy. Even with all of that FusionHash has found over 20% more blocks than projected over the past hour and nearly 10% more over the past 24 hours. Not sure when you mined but apparently not in that range. I also highly doubt you tracked the difficulty the entire time. It has fluctuated between 4 and 8+ over the past few hours alone. If you still don't understand, your best bet would be a ball-peen hammer to the forehead. Thank you for coming in and spreading pointless FUD directed at one of the cornerstones of the Octo community. The Octo devs even confirmed that pool has overpaid miners 150,000+ 888 since they launched. I'm sure you think you're the first genius to blow the doors off their "big scam"   I always wonder what it would be like to just jump in make claims about crap I obviously didn't understand. Imagine being so dumb that you actually think you know what you're talking about. Wow. It would be like me walking into the middle of a major surgery and yelling that that patient needs more CCs of Vicks vapor rub on their balls or something - you'd have to be insane. So basically I'm saying you're insane. Bye bye douchebag.

[Stonerboy]

I heard we will be in the Top 20 of Mintpal soon! 

[he-man]

I run to a problem when I try to run the octocoin wallet for the first time. I get a error, that say I cant make that directory. I try to make a new one but does not help. I have enough disk space. So now I'm stuck

[he-man]

I run to a problem when I try to run the octocoin wallet for the first time. I get a error, that say I cant make that directory. I try to make a new one but does not help. I have enough disk space. So now I'm stuck

got it to work, couldn't use the roaming directory for some reason

[peterw]

Devs - is 64 bit windows wallet coming before the fork? I'll install 32 bit if I need to, but will wait if 64 is on the way.

[djslick]

lol

it is common knowledge for those following along that in the past 5-6 days there's been a pool which will not be named (you can go back pages and find it for yourself, but i will not give them free advertising on this thread) which has been openly exploiting the bonus blocks.

long story short for the past 5-6 days we've all been receiving an average of about 88 coins per block, instead of 188 coins per block.

this is why it looks like you're getting half the rewards.

the issue has already been fixed, hardfork happens on monday, new wallets have already been released

[djslick]

by the way

KEEP VOTING YE SCURVY DOGS!

<--- minimum 10/day

and remember to set your mintpal auto-logout time to 24 hours instead of the default 45 minutes, in profile/settings. makes voting alot easier by just keeping a tab open!

[frameLAlife]

[thenotfatguy]

Just been overtaken by another shitcoin.  zimstake

Check their blockchain, they've bought over 2.4BTC worth of votes

[GWCalvert]

Just been overtaken by another shitcoin.  zimstake

Check their blockchain, they've bought over 2.4BTC worth of votes

Yep, they'll go to the exchange, get pumped for a few hours and be dumped and dead within a week.

They were already pumped twice on Bittrex. I think they are looking for one last hurrah, as the price has been in steady decline, recently.

[thenotfatguy]

The devs have just updated the website, linking the new wallet for download as well as removing the "Available 4/28" message under the Linux and Mac wallets.
I noticed this update was set in effect on the 22^nd for their mobile website, but not on the desktop version.

Glad it is cleared up though, and they also tweeted about the new wallet the other day, after being inactive there for over a month

[MEGAman]

Just been overtaken by another shitcoin.  zimstake

Check their blockchain, they've bought over 2.4BTC worth of votes

Yep, they'll go to the exchange, get pumped for a few hours and be dumped and dead within a week.

They were already pumped twice on Bittrex. I think they are looking for one last hurrah, as the price has been in steady decline, recently.

Just so nobody stumbling into this thread is confused we're talking about Zimstake here right? A lot of people don't like to read before jumping to conclusions haha.

The devs have just updated the website, linking the new wallet for download as well as removing the "Available 4/28" message under the Linux and Mac wallets.
I noticed this update was set in effect on the 22^nd for their mobile website, but not on the desktop version.

Glad it is cleared up though, and they also tweeted about the new wallet the other day, after being inactive there for over a month

The Linux and Mac wallets weren't released because the previous code had Litecoin bugs in it and they knew they had to replace it anyway. Was pointless to upgrade since the old wallet still worked fine. Also I think it's pretty well established these guys don't tweet or post just for the sake of tweeting or posting. Personally I'm fine with it as long as the community handles the hype and whatnot.

[Stormbringer]

   https://fusionhash.com √
        Dedicated 12-Core/32GB Server in Silicon Valley
        PROP Payouts, SSL, Stratum, VarDiff
        DDoS Protection
        1% Pool Fee

I mined here, received only half of what it should be according to current difficulty and my hashrate. So the fee is actually 51%.

Yeah the problem is just you being naive and/or not very smart. Depending on how long you mined you might not have a very big sample size. Ever heard of variation? There have been times where it's been an hour between bitcoin blocks on the entire network even though the target time is 10 minutes. Also there is a fork coming to address an issue where the bonus blocks are being hit with huge mining farms as soon as they pop up so perhaps this was part of your issue. That's one of the big reasons the fork is happening. Welcome to 2 weeks ago buddy. Even with all of that FusionHash has found over 20% more blocks than projected over the past hour and nearly 10% more over the past 24 hours. Not sure when you mined but apparently not in that range. I also highly doubt you tracked the difficulty the entire time. It has fluctuated between 4 and 8+ over the past few hours alone. If you still don't understand, your best bet would be a ball-peen hammer to the forehead. Thank you for coming in and spreading pointless FUD directed at one of the cornerstones of the Octo community. The Octo devs even confirmed that pool has overpaid miners 150,000+ 888 since they launched. I'm sure you think you're the first genius to blow the doors off their "big scam"   I always wonder what it would be like to just jump in make claims about crap I obviously didn't understand. Imagine being so dumb that you actually think you know what you're talking about. Wow. It would be like me walking into the middle of a major surgery and yelling that that patient needs more CCs of Vicks vapor rub on their balls or something - you'd have to be insane. So basically I'm saying you're insane. Bye bye douchebag.

Based on your retarded reply it is obvious I am telling the truth, otherwise you woundnt be so nervous and pissed with my notification about a pool. For information to others who read (not to you because you are a retard) I didn't  have that experience with other octo pools, but with this one, I also followed diff and calc carefully and my payout was exactly half of what it should.
You are obvious idiot and poor miserable man who don't deserve attention, but I am glad that you are pissed.

[frameLAlife]

ok let's everyone pull off their pissy panties and play nice.

there's way too much positive news this week to be throwing jabs over a pool payout where you have different opinions.

also, great job on clarifying the 2.4 btc to purchase votes on mintpal is not Octo... you are correct that people could misread that.

Octo hasn't had to purchase many votes.

[JesstersDead]

ok let's everyone pull off their pissy panties and play nice.

there's way too much positive news this week to be throwing jabs over a pool payout where you have different opinions.

+1 thank you