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Author Topic: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS  (Read 940157 times)
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danbi
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May 07, 2014, 06:01:43 AM
 #561

A rule of thumb to determine how many DMD you will mine in a day:

15 divided by the averaged diff, multiplied by the MH of your rig.

Ex:  15 / 40 * 80 MH = 30 DMD per day.



EDIT:  If you are mining 24/7 for a week, it makes no difference, whatsoever, if you are mining solo or in a pool - it is like a lottery - pure statistics/probabilities - you WILL get the results above, on average, after a week. It doesn't matter how small or big your are - this is a misconception that small miners are disadvantaged... If you have a good internet connection, you will reach those numbers.

But, if you don't mine constantly, or, if you are a coin hopper, then, yes, it will make a difference.

Solo mining promotes loyalty to a coin - Pools promote hopping between coins.


EDIT2:  BTW GRS (or any other Groestl-based coin) is the same formulae above, just multiply the result by the reward value (currently at 353 GRS/block).

The statistics part of this is more or less correct. However, pools to not exists only to concentrate hash power -- at least not the classic pools. This is more a feature of the p2pool type pools, that do indeed promote hopping.

A "normal" mining pool is more of a coin network service. It not only provides for more even earnings, but also additional services, such as worker monitoring, various statistics, communication etc.

A coin can survive without any working pool, everything solo mined. But, imagine someone invests in huge hash power and is able to solo mine most of the coins. When you don't find a single diamond in a week or a month, you will eventually give up and that guy will end up with all the coins. It's statistics again...
In situations like this, you could look at pools as the nuclear weapons in the Cold War era Smiley

Anyway, again: look at pools as service to miners. This is what they do best. The small payments is secondary.

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May 07, 2014, 06:31:01 AM
 #562

danbi's DMD pool - never received a confirmation email. If you'd like me to test on your pool, please unlock my account

Your account is unlocked, but please note except at times when I am hacking the stratum/wallet code, your hashrate is wasted. We do regularly find blocks... and the wallet consistently refuses all of them. I hate to see how many coins we actually found Sad


just unlock the wallet.. psshhhhtt. Smiley
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May 07, 2014, 07:19:54 AM
 #563



diff 48 - 3,505.43 MH/s Gröstl networkhashrate  - around 350 MH/s scrypt hashingpower

35 - diff 2390.291173MH/s - around 230  MH/s scrypt hashingpower

Okay, understood. A current diff of 35 with Groestl would be the rough equivalent of a previous 3.5 diff with scrypt. Basically the same 10 : 1 change that we've seen in hashrate terms (although I calculate that my machines have an average increase on the order of 8.94 : 1).

So a current 40 diff is really the same as a 4 from before, giving us (using my 35 guesstimate) an approximate current scrypt network equivalent hashrate of 270 MH/s or an approximate groestl network hashrate of 2.7 GH/s.

As you said, not bad considering that it's all solo mining!!!

More than 3 times the average network hashrate from April 8 to April 21.



A rule of thumb to determine how many DMD you will mine in a day:

15 divided by the averaged diff, multiplied by the MH of your rig.

Ex:  15 / 40 * 80 MH = 30 DMD per day.


EDIT2:  BTW GRS (or any other Groestl-based coin) is the same formulae above, just multiply the result by the reward value (currently at 353 GRS/block).

Very nice. Thanks for that.

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May 07, 2014, 07:59:53 AM
 #564

guys, anyone scrypt pool worked? or scrypt mining are closed forever for this coin?

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May 07, 2014, 08:10:48 AM
 #565

scrypt pools closed forever. i'm making a groestl pool server (closed source which i have no obligation to share as its completely custom) it should be done soon Smiley

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May 07, 2014, 08:14:18 AM
 #566

Is DMD in any exchange now? I want to buy some, what is the price you guys offer?

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May 07, 2014, 08:18:53 AM
 #567

scrypt pools closed forever. i'm making a groestl pool server (closed source which i have no obligation to share as its completely custom) it should be done soon Smiley

I like the part about "no obligation".  Grin

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May 07, 2014, 08:20:39 AM
 #568

Is DMD in any exchange now? I want to buy some, what is the price you guys offer?

you can buy diamonds at cryptsy https://www.cryptsy.com/markets/view/72

just deposite and withdraw the coins from exchange is frozen until exchange updated their wallet

but all the coins on cryptsy are valid diamonds that u will be able to transfer to your wallet once they updatet wallet

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May 07, 2014, 08:24:27 AM
 #569

scrypt pools closed forever. i'm making a groestl pool server (closed source which i have no obligation to share as its completely custom) it should be done soon Smiley

good news

but even if gurus can get a pool working with actual code
we still will deliver a update with more standard conform pool mining possibilities

meanwhile thx a lot ahmed for prepare a home to the people who prefer pool mining

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May 07, 2014, 08:58:28 AM
 #570

scrypt pools closed forever. i'm making a groestl pool server (closed source which i have no obligation to share as its completely custom) it should be done soon Smiley

I like the part about "no obligation".  Grin

Has to be done im afraid Cheesy

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May 07, 2014, 08:59:50 AM
 #571

what kind of groestl algo should be used to mine dmd ?
myriad-groestl or groestl of groestlcoin ?

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May 07, 2014, 09:09:37 AM
 #572

what kind of groestl algo should be used to mine dmd ?
myriad-groestl or groestl of groestlcoin ?

groestlcoin

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May 07, 2014, 09:11:13 AM
 #573

what kind of groestl algo should be used to mine dmd ?
myriad-groestl or groestl of groestlcoin ?

groestl of groestlcoin

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May 07, 2014, 09:45:56 AM
 #574

as long as deposit and withdrawal not working on cryptsy
i suggest u write cryptsy support requests regarding this issue

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May 07, 2014, 11:03:00 AM
 #575

Hello Community,

I want to update everyone on the progress of things and I'm honest as always just like each team member of Diamond Coin.

I don't want it to be another apologetic message but a frank assessment. 

As everyone knows the Block Chain went down last Wednesday (for us it was). As we were working on a new client client for quite some time we thought it would make more sense to release it then and there rather to use hardfork fix on the old wallet and do another hardfork soon after to switch it to Groestl algorithm.

The whole sudden situation caught us with our pants down, but we were convinced everything would work, because it worked in the lab, unfortunately as it turned out soon after it failed in the field.

Some people here accused us of not doing enough testing and, yes we didn't do enough because of the crazy short time frame we had to stick to to deliver a working client for Cryptsy. It was ready by Friday, unfortunately the problem with the database forced us to concentrate on making a patch. After that it turned out that mining pools on stratum do not accept blocks. We had a bit of lax day on Sunday just to have a bit of breathing space as most of us have slept for 4-2h per night over the previous several days. On Monday after talking directly with the pool owners we switched our focus to the code and started analysing its behaviour. We have identified possible sources of problems and now we are rebuilding the code to make it work as it was intended to work form the start. We have our own stratum server and can test any changes confirming it plays nicely so we could be 100% sure we wouldn't see any unpleasant surprises next time.

We have made some changes in the dev team setup which is more optimal and allows for better quality testing. We all agreed that this release in no way meets our quality expectations and to overcome this we decided that we won't limit ourselves with fixed deadlines - we will deliver product that is 100% working with stratum and everything else. 

The network is stable now, solo mining is working correctly, coins are transferable, I suspect there would be no problem with setting up working non-stratum 'getwork' mining pool (for the time being), Cryptsy is notified and should be working on implementing the new wallet this week.

I sincerely believe that you as community should not be worried at all, but trust us to put it right. We are working really hard and we won't stop until it's properly done.

Regards,
Alex


This is very nice but when will we have a working pool?
Every single pool is having the same problem with rejected blocks and im about to give up on this coin.
Please make an effort to get 1 single working pool up.

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May 07, 2014, 11:08:19 AM
 #576

question:

This is very nice but when will we have a working pool?
Every single pool is having the same problem with rejected blocks and im about to give up on this coin.
Please make an effort to get 1 single working pool up.


answer:
scrypt pools closed forever. i'm making a groestl pool server (closed source which i have no obligation to share as its completely custom) it should be done soon Smiley

ahmed will create a proprietary pool solution which is able to mine with actual diamond code


meanwhile we work on adjustmends in code for standard pools too


danbi
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May 07, 2014, 11:19:54 AM
 #577

question:

This is very nice but when will we have a working pool?
Every single pool is having the same problem with rejected blocks and im about to give up on this coin.
Please make an effort to get 1 single working pool up.


answer:
scrypt pools closed forever. i'm making a groestl pool server (closed source which i have no obligation to share as its completely custom) it should be done soon Smiley

ahmed will create a proprietary pool solution which is able to mine with actual diamond code


meanwhile we work on adjustmends in code for standart pools too



That process will be interesting to watch.

Meanwhile, some of us continue to hack the code to make it work as advertised. Smiley
By the way, the DMD code base is indeed archaic, it cointains/misses code fragments that have been fixed in mainstream bitcoin code for years.
Just for the record: I am not accusing anyone of anything.


(here goes the old theory that you need at least 10 years to learn programming)  Roll Eyes
EDIT: A good reading for anyone who believes they are good programmer. Worth reading anyway, even if you are not programmer. At least to understand better the validity of experience/expertise claims. A must read for managers, if you ask me Smiley
http://norvig.com/21-days.html

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May 07, 2014, 11:30:29 AM
 #578

(here goes the old theory that you need at least 10 years to learn programming)  Roll Eyes
EDIT: A good reading for anyone who believes they are good programmer. Worth reading anyway, even if you are not programmer. At least to understand better the validity of experience/expertise claims. A must read for managers, if you ask me Smiley
http://norvig.com/21-days.html

[OFFTOPIC]
I don't understand why, in the mind of people, programming should be easier than any other proficience.
Maybe because Obama said everybody should hack? :-D
Ask anybody if you can learn playing an instrument or building a house in seven days.
I've been programming for almost 30 years and still learning!
[/OFFTOPIC]

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May 07, 2014, 12:36:23 PM
 #579

I still can't withdrawn from cryptsy... This is very annoying right now

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May 07, 2014, 12:41:13 PM
 #580

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