NA

[Halofire]

Gazo at 22% now. :/

we have a new clevermining?

This multipool has been on our chain already before DIGI, but didn't manage to get more than 10%. With the price rise yesterday I think things got more profitable for them (together with the hashrate drop by Frais and me that might even be more). Still, not as bad with Clever (they keep < 50% and block times are still reasonable).

Sorry for the double-post, but I wanted to keep things separated.

Mike is 100% on the ball with this one.  Price peaked over 800 yesterday.  It's 750 now.  When Digi went live, we were at like 500-600ish.  That's a big increase in price.  When a pool bases it's mining on profit, a big bump in price means your bottom line is a lot higher than it was before.  Combine that with the fact our dedicated mining started a reduction in power yesterday, not an increase typical of a price jump, means that we had an interesting day of numbers.

Give the price time to stabilize, and the hashrate to become a little more well defined.  Still, if gazo is operating on a system of profit like clever, 20% < 50-90%.

-Fuse

Things are fine: http://nlgstats.iblogger.org/
criptoe still has more % than gazo anyways.
The amount of hardcore's and gazo's blocks have tripled.
With clever gone, clever's percentages have been moved to the remaining pools, so there should be an increase in the other pools naturally.
All normal in my opinion. Digi has done it's job.

[1714776045]

1714776045

[1714776045]

1714776045

[Buerra]

Zijn er al gesprekken gaande met bitonic? Het zou toch wel heel mooi zijn als mensen daar naast BTC ook NLG kunnen kopen.

Weet ik niet eerlijk gezegd, een van de jongens van Bitonic is hier zo nu en dan wel te vinden in ons topic. Of hij of hun in het algemeen iets willen/ gaan doen met Guldencoin zullen ze uiteindelijk zelf moeten beslissen Ze weten van NLG en wachten misschien op een aantal mijlpalen voordat ze er ook echt op die manier in willen stappen.

[ontopicplease]

Zijn er al gesprekken gaande met bitonic? Het zou toch wel heel mooi zijn als mensen daar naast BTC ook NLG kunnen kopen.

Weet ik niet eerlijk gezegd, een van de jongens van Bitonic is hier zo nu en dan wel te vinden in ons topic. Of hij of hun in het algemeen iets willen/ gaan doen met Guldencoin zullen ze uiteindelijk zelf moeten beslissen Ze weten van NLG en wachten misschien op een aantal mijlpalen voordat ze er ook echt op die manier in willen stappen.

Ik zag net wel dat guldencoin wel geaccepteerd wordt op https://www.101munten.nl/
Ik heb in het verleden veel contact gehad met één van de eigenaren van http://www.tov-hazel.com/, ik zal hem morgen eens proberen te bereiken en vragen of Guldencoin niets voor hun is.

[Buerra]

Zijn er al gesprekken gaande met bitonic? Het zou toch wel heel mooi zijn als mensen daar naast BTC ook NLG kunnen kopen.

Weet ik niet eerlijk gezegd, een van de jongens van Bitonic is hier zo nu en dan wel te vinden in ons topic. Of hij of hun in het algemeen iets willen/ gaan doen met Guldencoin zullen ze uiteindelijk zelf moeten beslissen Ze weten van NLG en wachten misschien op een aantal mijlpalen voordat ze er ook echt op die manier in willen stappen.

Ik zag net wel dat guldencoin wel geaccepteerd wordt op https://www.101munten.nl/
Ik heb in het verleden veel contact gehad met één van de eigenaren van http://www.tov-hazel.com/, ik zal hem morgen eens proberen te bereiken en vragen of Guldencoin niets voor hun is.

There you go, that's cool. If you can make that happen that would be really sweet! Let's switch back to English

[ny2cafuse]

So I'll admit that I momentarily gave in to temptation and posted the following post in the CM thread in response to what miners are reporting as "an unusual reduction in profit for the last few days".  I left it up for a couple minutes and then decided to delete it.  I figured though that it was better not to kick the hornets nest, even after we secretly played soccer with it. 

I'll share it here for all to see, as it brought me a lot of joy to write.  For your viewing pleasure:

My "profit graph" just tanked by half and the hashrate (which was "suppressed" for a good while) went back to "normal". I guess whatever we were mining the last few days is not profitable anymore at all, so we switched and the next best coin that we're mining now is not that profitable either.

I wonder what that could be

Hmmm... if I was going to take a stab at it, I would say part of the reason is that CM has been mining on a fork of a coin for 4 days now.  I guess the op didn't take the time to watch over his pool and update the client.  Sucks for the miners who thought the pool was making them money with their wasted 4GH worth of mining power during that time.  It's actually pretty funny running the old client and watching the pool plug away at block after block on the defunct chain.

Oh, and in case you needed proof:

Code:

guldencoind getbestblockhash
4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9
[root@dell ~]# guldencoind getblock 4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9
{
    "hash" : "4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9",
    "confirmations" : 1,
    "size" : 249,
    "height" : 194492,
    "version" : 2,
    "merkleroot" : "6418cbb4e728bd63cdcb683571b2d420a371cf50e25d05223bd4ad2d3760682e",
    "tx" : [
        "6418cbb4e728bd63cdcb683571b2d420a371cf50e25d05223bd4ad2d3760682e"
    ],
    "time" : 1422847904,
    "nonce" : 15892272,
    "bits" : "1c0116fb",
    "difficulty" : 234.90891779,
    "previousblockhash" : "b7396a43f6a92e2483b29b4de85cda44c69781b0b7bcc5652630ee2abb513a2c"
}
[root@dell ~]# guldencoind gettxout 6418cbb4e728bd63cdcb683571b2d420a371cf50e25d05223bd4ad2d3760682e 0
{
    "bestblock" : "4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9",
    "confirmations" : 1,
    "value" : 1000.00000000,
    "scriptPubKey" : {
        "asm" : "OP_DUP OP_HASH160 e96200b2643f6188c66305cd7b3a28923ab0bf0e OP_EQUALVERIFY OP_CHECKSIG",
        "hex" : "76a914e96200b2643f6188c66305cd7b3a28923ab0bf0e88ac",
        "reqSigs" : 1,
        "type" : "pubkeyhash",
        "addresses" : [
            "Gf7wGAwJGDLfoHcNCRLKZqpk2EQU5ixA6c"
        ]
    },
    "version" : 1,
    "coinbase" : true
}
[root@dell ~]# guldencoind getmininginfo
{
    "blocks" : 194497,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 324.09852217,
    "errors" : "IMPORTANT: Shut down this wallet and download the new version 1.3.1! Very important and mandatory update!!\nBELANGRIJK: Sluit deze wallet af en download de nieuwe versie 1.3.1! Zeer belangrijke update!",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 4783660604,
    "pooledtx" : 0,
    "testnet" : false
}

Absent op is absent. Too bad for the miners.  I wonder if they op will pay for the wasted days of mining... if he even acknowledges his lack of responsibility for his own pool.

-Fuse

Cheers to us for hitting CM where it hurts.

-Fuse

[Wildwest]

So I'll admit that I momentarily gave in to temptation and posted the following post in the CM thread in response to what miners are reporting as "an unusual reduction in profit for the last few days".  I left it up for a couple minutes and then decided to delete it.  I figured though that it was better not to kick the hornets nest, even after we secretly played soccer with it. 

I'll share it here for all to see, as it brought me a lot of joy to write.  For your viewing pleasure:

My "profit graph" just tanked by half and the hashrate (which was "suppressed" for a good while) went back to "normal". I guess whatever we were mining the last few days is not profitable anymore at all, so we switched and the next best coin that we're mining now is not that profitable either.

I wonder what that could be

Hmmm... if I was going to take a stab at it, I would say part of the reason is that CM has been mining on a fork of a coin for 4 days now.  I guess the op didn't take the time to watch over his pool and update the client.  Sucks for the miners who thought the pool was making them money with their wasted 4GH worth of mining power during that time.  It's actually pretty funny running the old client and watching the pool plug away at block after block on the defunct chain.

Oh, and in case you needed proof:

Code:

guldencoind getbestblockhash
4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9
[root@dell ~]# guldencoind getblock 4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9
{
    "hash" : "4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9",
    "confirmations" : 1,
    "size" : 249,
    "height" : 194492,
    "version" : 2,
    "merkleroot" : "6418cbb4e728bd63cdcb683571b2d420a371cf50e25d05223bd4ad2d3760682e",
    "tx" : [
        "6418cbb4e728bd63cdcb683571b2d420a371cf50e25d05223bd4ad2d3760682e"
    ],
    "time" : 1422847904,
    "nonce" : 15892272,
    "bits" : "1c0116fb",
    "difficulty" : 234.90891779,
    "previousblockhash" : "b7396a43f6a92e2483b29b4de85cda44c69781b0b7bcc5652630ee2abb513a2c"
}
[root@dell ~]# guldencoind gettxout 6418cbb4e728bd63cdcb683571b2d420a371cf50e25d05223bd4ad2d3760682e 0
{
    "bestblock" : "4ab117917969d896e962eac3d231e4a0cd7d6e52350872336927f356a474b0b9",
    "confirmations" : 1,
    "value" : 1000.00000000,
    "scriptPubKey" : {
        "asm" : "OP_DUP OP_HASH160 e96200b2643f6188c66305cd7b3a28923ab0bf0e OP_EQUALVERIFY OP_CHECKSIG",
        "hex" : "76a914e96200b2643f6188c66305cd7b3a28923ab0bf0e88ac",
        "reqSigs" : 1,
        "type" : "pubkeyhash",
        "addresses" : [
            "Gf7wGAwJGDLfoHcNCRLKZqpk2EQU5ixA6c"
        ]
    },
    "version" : 1,
    "coinbase" : true
}
[root@dell ~]# guldencoind getmininginfo
{
    "blocks" : 194497,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 324.09852217,
    "errors" : "IMPORTANT: Shut down this wallet and download the new version 1.3.1! Very important and mandatory update!!\nBELANGRIJK: Sluit deze wallet af en download de nieuwe versie 1.3.1! Zeer belangrijke update!",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 4783660604,
    "pooledtx" : 0,
    "testnet" : false
}

Absent op is absent. Too bad for the miners.  I wonder if they op will pay for the wasted days of mining... if he even acknowledges his lack of responsibility for his own pool.

-Fuse

Cheers to us for hitting CM where it hurts.

-Fuse

Very impressed fuse, been watching the forums for awhile now and so happy the team and community pushed through with the Digishield change. I was also happy to pick up coins in the 400s though
with CM but it's great for the currency to have stability now.

[Jero]

This explorer don't work anymore?

http://guldenchain.mycryptoco.in

If so, please remove from OP

[24hralttrade]

Great to see all this progress guys!  Loved the interview with buerra, Awesome!! 
I tipped buerra a good ammount of Digibyte to donate that to the collective mining and you can keep those mined NLG / give them to the collective miners.
And with the rise of *** i will donate some more today 
Soon i will be back for something i'm working on / thinking about.

Enjoy!

Michael
House of blue jeans

[Jero]

Great to see all this progress guys!  Loved the interview with buerra, Awesome!! 
I tipped buerra a good ammount of Digibyte to donate that to the collective mining and you can keep those mined NLG / give them to the collective miners.
And with the rise of *** i will donate some more today 
Soon i will be back for something i'm working on / thinking about.

Enjoy!

Michael
House of blue jeans

Love the way you contribute. My investment in .... also still stand, great times ahead.

Like to see you come back with your project/idea, great!

[BioMike]

@Fuse, I guess not many people have seen it then.

[edit]
I'm a bit surprised that all this "profit" for miners on CM was only from NLG.
[/edit]

[Buerra]

Collective Mining numero dos: https://forum.guldencoin.com/index.php?topic=829.0

English folks if you have any questions or want to jump in on the collective mining, feel free to ask me anything.

What is collective mining compared to just mining??

We combine resources to get a more stable rate going rather than a bunch of us on the chain at random times trying to support the network. This is also a way to get people into mining that normally don't mine. People wire me the BTC (and near future EUR) and I take care of it.

[Litesire]

@Fuse, I guess not many people have seen it then.

[edit]
I'm a bit surprised that all this "profit" for miners on CM was only from NLG.
[/edit]

Well the +- 40% price increase in Guldencoin recently shows the damage CM was doing, I think NLG was their profit and CM used other coins that were breaking even or just below the profit line to supplement when the hard blocks were being mined for NLG. Added to this fact that Guldencoin is the truth, it has real buyers that want to have coins.
NLG only had one major pump(for about a day it was above 1200 and peaked around 1900) and the price is stable currently at about 1/3 of the peak price and we about 10 times higher then the bottom price with a ever growing supply.

Compare this to coins like CANN that was pumped on some news over 13 times the current price it's trading at and this is far from the worst case scenerio as CANN is still going.

[Buerra]

Great to see all this progress guys!  Loved the interview with buerra, Awesome!!  
I tipped buerra a good ammount of Digibyte to donate that to the collective mining and you can keep those mined NLG / give them to the collective miners.
And with the rise of *** i will donate some more today  
Soon i will be back for something i'm working on / thinking about.

Enjoy!

Michael
House of blue jeans

Much appreciated Michael, I will convert them shortly and add it onto the mining pile I think everyone can agree that is very nice of you. Sure you don't want in for 0.1 BTC ?

[24hralttrade]

Great to see all this progress guys!  Loved the interview with buerra, Awesome!!  
I tipped buerra a good ammount of Digibyte to donate that to the collective mining and you can keep those mined NLG / give them to the collective miners.
And with the rise of *** i will donate some more today  
Soon i will be back for something i'm working on / thinking about.

Enjoy!

Michael
House of blue jeans

Much appreciated Michael, I will convert them shortly and add it onto the mining pile I think everyone can agree that is very nice of you. Sure you don't want in for 0.1 BTC ?

No thanks guys!  You are doing a awesome job and providing a nice payment system for my shop, unfortunately my webshop provider still not accepting litepaid .
This is my small thank you.
Will add some extra this week, Keep them untill sunday. I think we will see a small rise.

 

[Bluestreet]

@Fuse, I guess not many people have seen it then.

[edit]
I'm a bit surprised that all this "profit" for miners on CM was only from NLG.
[/edit]

Well the +- 40% price increase in Guldencoin recently shows the damage CM was doing, I think NLG was their profit and CM used other coins that were breaking even or just below the profit line to supplement when the hard blocks were being mined for NLG. Added to this fact that Guldencoin is the truth, it has real buyers that want to have coins.
NLG only had one major pump(for about a day it was above 1200 and peaked around 1900) and the price is stable currently at about 1/3 of the peak price and we about 10 times higher then the bottom price with a ever growing supply.

Compare this to coins like CANN that was pumped on some news over 13 times the current price it's trading at and this is far from the worst case scenerio as CANN is still going.

We have another multipool hitting the chain so the sells are coming through now but I do agree that the digi change is better overall and more profitable for dedicated miners.

[ny2cafuse]

We have another multipool hitting the chain so the sells are coming through now but I do agree that the digi change is better overall and more profitable for dedicated miners.

Having time to look at the data for the last few days, I would say we are better overall, but we could get better.

I know someone said /GJ wasn't going to tweak DIGI any further, but I would like to suggest one change.

This:

Code:

    if (nActualTimespan < (retargetTimespan - (retargetTimespan/4)) ) nActualTimespan = (retargetTimespan - (retargetTimespan/4));
    if (nActualTimespan > (retargetTimespan + (retargetTimespan/2)) ) nActualTimespan = (retargetTimespan + (retargetTimespan/2));

Becomes this:

Code:

    if (nActualTimespan < (retargetTimespan - (retargetTimespan/5)) ) nActualTimespan = (retargetTimespan - (retargetTimespan/5));
    if (nActualTimespan > (retargetTimespan + (retargetTimespan/3)) ) nActualTimespan = (retargetTimespan + (retargetTimespan/3));

Limit the increase and decrease.  It's a simple change.  It's not totally needed, but I think it would help even things out a little more, and limit the blocks gazo is picking up even further.

-Fuse

[Bluestreet]

We have another multipool hitting the chain so the sells are coming through now but I do agree that the digi change is better overall and more profitable for dedicated miners.

Having time to look at the data for the last few days, I would say we are better overall, but we could get better.

I know someone said /GJ wasn't going to tweak DIGI any further, but I would like to suggest one change.

This:

Code:

    if (nActualTimespan < (retargetTimespan - (retargetTimespan/4)) ) nActualTimespan = (retargetTimespan - (retargetTimespan/4));
    if (nActualTimespan > (retargetTimespan + (retargetTimespan/2)) ) nActualTimespan = (retargetTimespan + (retargetTimespan/2));

Becomes this:

Code:

    if (nActualTimespan < (retargetTimespan - (retargetTimespan/5)) ) nActualTimespan = (retargetTimespan - (retargetTimespan/5));
    if (nActualTimespan > (retargetTimespan + (retargetTimespan/3)) ) nActualTimespan = (retargetTimespan + (retargetTimespan/3));

Limit the increase and decrease.  It's a simple change.  It's not totally needed, but I think it would help even things out a little more, and limit the blocks gazo is picking up even further.

-Fuse

Would this change require a soft fork with wallet updates?

[ny2cafuse]

Would this change require a soft fork with wallet updates?

It would require a wallet update.  So we can continue along without the change, and if we need to update the wallet for something else in the future, we can include it.  Or if the devs decide they want to see a smoother blockchain sooner, we could push it on a faster timeline.

But honestly, it's not a necessity, just a suggestion.

-Fuse

[/GeertJohan]

Would this change require a soft fork with wallet updates?

It would require a wallet update.  So we can continue along without the change, and if we need to update the wallet for something else in the future, we can include it.  Or if the devs decide they want to see a smoother blockchain sooner, we could push it on a faster timeline.

But honestly, it's not a necessity, just a suggestion.

-Fuse

Already thought about this, the downside is that it will at the same time limit the effectiveness of the algorithm.
I don't think we should do this now, I see some 25-30 minute blocks, that's the max.. Which I think is fine for now.

[ny2cafuse]

Already thought about this, the downside is that it will at the same time limit the effectiveness of the algorithm.
I don't think we should do this now, I see some 25-30 minute blocks, that's the max.. Which I think is fine for now.

I agree about being fine for now.

As far as the effectiveness goes, we would still be pretty effective with the change, and it could be argued that we would actually be a bit more effective.  Again, it all comes back to finding that sweet spot in the difficulty.  We're there with most of the blocks, so the change would just help us stay in that range.

Again though, I'm happy with what we have going right now.

Oh, and Terk finally responded in his thread about his absence.  Let's see what he decides to do now... the true test is about to begin.

-Fuse