[ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N

[BorisTheSpider]

Proxypool software now released to enable adding MON merged mining: https://github.com/erkmos/proxypool/blob/master/HOWTO

Note that individual miners wishing to merge mine MON who have the facility to set up their own p2pool node are strongly advised to do so. The main p2pool software is at https://github.com/donSchoe/p2pool-n - if you install and configure that for VTC, all you need to do to add MON at release is add the monocle daemon to the machine, and run p2pool with the --merged option, eg. python run_p2pool.py --net vertcoin -f 0 --give-author 0 --no-bugreport --merged http://MON-RPCUser:MON-RPCPassword@127.0.0.1:6888 - you'd then be mining VTC in the normal way (with payouts in the generation transaction, fully distributed on p2pool) and solomining MON into the Monocle wallet on the p2pool server.

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[mfedorov]

Proxypool software now released to enable adding MON merged mining: https://github.com/erkmos/proxypool/blob/master/HOWTO

Note that individual miners wishing to merge mine MON who have the facility to set up their own p2pool node are strongly advised to do so. The main p2pool software is at https://github.com/donSchoe/p2pool-n - if you install and configure that for VTC, all you need to do to add MON at release is add the monocle daemon to the machine, and run p2pool with the --merged option, eg. python run_p2pool.py --net vertcoin -f 0 --give-author 0 --no-bugreport --merged http://MON-RPCUser:MON-RPCPassword@127.0.0.1:6888 - you'd then be mining VTC in the normal way (with payouts in the generation transaction, fully distributed on p2pool) and solomining MON into the Monocle wallet on the p2pool server.

Paul, email, for some reason has strange links in place of URLs...

[BorisTheSpider]

And finally, to reiterate what I've said before, there's nothing different about solomining MON in the wallet/daemon than any other coin - if anyone wants to do that at launch, the configuration will be just like you're used to with any other coin daemon.

[BorisTheSpider]

Proxypool software now released to enable adding MON merged mining: https://github.com/erkmos/proxypool/blob/master/HOWTO

Note that individual miners wishing to merge mine MON who have the facility to set up their own p2pool node are strongly advised to do so. The main p2pool software is at https://github.com/donSchoe/p2pool-n - if you install and configure that for VTC, all you need to do to add MON at release is add the monocle daemon to the machine, and run p2pool with the --merged option, eg. python run_p2pool.py --net vertcoin -f 0 --give-author 0 --no-bugreport --merged http://MON-RPCUser:MON-RPCPassword@127.0.0.1:6888 - you'd then be mining VTC in the normal way (with payouts in the generation transaction, fully distributed on p2pool) and solomining MON into the Monocle wallet on the p2pool server.

Paul, email, for some reason has strange links in place of URLs...

Ah OK, sorry about that, a bit late to do anything about that now, hopefully the node operators will just check the thread or email me and I can point them in the right direction.

[Caniggia]

what are the plans for future development?

[mfedorov]

Proxypool software now released to enable adding MON merged mining: https://github.com/erkmos/proxypool/blob/master/HOWTO

Note that individual miners wishing to merge mine MON who have the facility to set up their own p2pool node are strongly advised to do so. The main p2pool software is at https://github.com/donSchoe/p2pool-n - if you install and configure that for VTC, all you need to do to add MON at release is add the monocle daemon to the machine, and run p2pool with the --merged option, eg. python run_p2pool.py --net vertcoin -f 0 --give-author 0 --no-bugreport --merged http://MON-RPCUser:MON-RPCPassword@127.0.0.1:6888 - you'd then be mining VTC in the normal way (with payouts in the generation transaction, fully distributed on p2pool) and solomining MON into the Monocle wallet on the p2pool server.

So, monocle.conf will have standard info, right?

Setup monocle configuration file:

Code:

mkdir ~/.monocle
nano ~/.monocle/monocle.conf

monocle.conf

Code:

server=1
gen=0
rpcport=6888
rpcallowip=127.0.0.1
rpcuser=yourusername
rpcpassword=areallystrongpassword

[BorisTheSpider]

So, monocle.conf will have standard info, right?

Yes, completely standard. Config folder is .monocle and filename is monocle.conf

[Grifftech]

I can't extract either of the Windows Wallet files, it is giving me an error when trying to do so. It gives me an unspecified error. I am trying to use Windows Explorer to Extract and it won't work. I even tried copying and pasting the fiels and that won't work either

[mfedorov]

I can't extract either of the Windows Wallet files, it is giving me an error when trying to do so. It gives me an unspecified error. I am trying to use Windows Explorer to Extract and it won't work. I even tried copying and pasting the fiels and that won't work either

5 more hours

[BorisTheSpider]

I can't extract either of the Windows Wallet files, it is giving me an error when trying to do so. It gives me an unspecified error. I am trying to use Windows Explorer to Extract and it won't work. I even tried copying and pasting the fiels and that won't work either

They are passworded archives. The password will be released at 18:00 UTC. If you have issues extracting the passworded version, the unencrypted normal release wallets are already at https://github.com/erkmos/monocle/releases and that repo will switch from private to public at release time so you'll be able to download them immediately it's released.

[Maestro1]

When using a P2Pool, can we use the same wallet address on multiple machines?

[BorisTheSpider]

When using a P2Pool, can we use the same wallet address on multiple machines?

Recommended not to (on p2proxy) as it may affect vardiff and result in getting non-optimal sized work. A separate address per rig is advised.

[mfedorov]

When using a P2Pool, can we use the same wallet address on multiple machines?

Recommended not to (on p2proxy) as it may affect vardiff and result in getting non-optimal sized work. A separate address per rig is advised.

Wow, first time I hear about this

[mfedorov]

When using a P2Pool, can we use the same wallet address on multiple machines?

Recommended not to (on p2proxy) as it may affect vardiff and result in getting non-optimal sized work. A separate address per rig is advised.

So, if I have 13 rigs I would be better off with 13 VTC and 13 MON addresses? That will create thousands of transactions in the wallet!

[BorisTheSpider]

Wow, first time I hear about this

p2pool does vardiff on a per-ip basis, proxypool may not (I am not personally sure) and may use the username which is why I advise this - I might be wrong though.

[gonzzo]

ok setting up my miners for monocle; 2 questions:

1.) which network should i use? i have 4 workers. 3 with around 1,1 mh/s each and 1 with 720kh/s and i will use 4 different vtc/monocle adresses
2.) can or should i use the difficulty adjustment on vtc and mon. (vtc_adress+0.00116414 as user and mon_adress+0.00116414 as pw)

I hope I've made ​​myself clear
thanks

[Winky]

I have two Rigs, each 1.3 Mh (scrypt-n). On which of the three networks should i mine?

[BorisTheSpider]

ok setting up my miners for monocle; 2 questions:

1.) which network should i use? i have 4 workers. 3 with around 1,1 mh/s each and 1 with 720kh/s and i will use 4 different vtc/monocle adresses
2.) can or should i use the difficulty adjustment on vtc and mon. (vtc_adress+0.00116414 as user and mon_adress+0.00116414 as pw)

I hope I've made ​​myself clear
thanks

1. Depends which p2pool nodes implement the p2proxy solution - if you can find one on your preferred p2pool network for your hashrate, that will be best. As nodes come online, they should post in the thread stating which p2pool network they are proxying.

2. No, per worker difficulty adjustment will not be possible with the launch solution for public nodes, miners should use just their plain unmodified VTC and MON addresses as username and password respectively.

[Winky]

Great idea, I can´t wait to mine some MON together with my VTC!

I just wrote an article on my german cryptoblog about your project : http://www.bitcoinalmanach.de/uber-monocle-coin-und-merged-mining/

Very nice german blogpost about MON!

[bengtåke]

Should perhaps mention (again) that
if you're the only person mining on your node you can completely disregard the proxy solution, you don't need it.

Just adding

Code:

--merged http://monoclerpc:YOURLONGPASSWORDHERE@127.0.0.1:6888

to the p2pool command line is all you need .