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

[Cooba13]

well, you can expect to get steady payments. You should get all your coins sooner or later it all depends on rate of finding blocks and stuff like that. Keep in mind that all those numbers are fixed values of shares and payouts are affected by founding a block. Which means slow blocks slow payouts, fast blocks fast payouts.
it doesnt really matter on which network we mine, in the end we will get same payouts everywhere.
you will get paid as long as you have valid shares in database, even if you are not mining. You should probably, as everyone else, read how this payout system works http://eligius.st/~gateway/faq/capped-pps-recent-backpay Might shed some light on your situation

[badcookies]

P2Pool Merged Node with Stats

Connect using:

Code:

-o stratum+tcp://191.239.1.169:9555 -u YOUR_VTC_ADDRESS -p YOUR_MON_ADDRESS

Example:

Code:

vertminer.exe -o stratum+tcp://191.239.1.169:9555 -u ViM4MQCCcEJYrfyjwxuprJDhZejkhUM7Pf -p MAuRTy5HWQkFaGFjitjw2G9Pdx5AqhoPGQ

Vertminer config file example:

Code:

{ "url" : "stratum+tcp://191.239.1.169:9555",
 "user" : "ViM4MQCCcEJYrfyjwxuprJDhZejkhUM7Pf",
 "pass" : "MAuRTy5HWQkFaGFjitjw2G9Pdx5AqhoPGQ" } 

Do NOT use the +0000XXX difficulty setting if using the merged p2pool proxy (:9555)! You must use a Monocle address as the password!


You can see the stats on the main page here: http://191.239.1.169:9171/


More stats coming soon.

Please PM me with any issues

[svk31]

well, you can expect to get steady payments. You should get all your coins sooner or later it all depends on rate of finding blocks and stuff like that. Keep in mind that all those numbers are fixed values of shares and payouts are affected by founding a block. Which means slow blocks slow payouts, fast blocks fast payouts.
it doesnt really matter on which network we mine, in the end we will get same payouts everywhere.
you will get paid as long as you have valid shares in database, even if you are not mining. You should probably, as everyone else, read how this payout system works http://eligius.st/~gateway/faq/capped-pps-recent-backpay Might shed some light on your situation

Just to make sure I'm getting this right, on a merged pool there are thus two levels for the VTC part: at the p2pool level a single address, the node's address, is being paid the VTC using PPLNS, while at the proxypool level that payment is redistributed using CPPSRB?

And the MON part is basically a "pooled" solomining redistributed using CPPSRB, which will only be payable once a block is found?

[BitcoinNational]

MON = verts little bro

[Cooba13]

well, you can expect to get steady payments. You should get all your coins sooner or later it all depends on rate of finding blocks and stuff like that. Keep in mind that all those numbers are fixed values of shares and payouts are affected by founding a block. Which means slow blocks slow payouts, fast blocks fast payouts.
it doesnt really matter on which network we mine, in the end we will get same payouts everywhere.
you will get paid as long as you have valid shares in database, even if you are not mining. You should probably, as everyone else, read how this payout system works http://eligius.st/~gateway/faq/capped-pps-recent-backpay Might shed some light on your situation

Just to make sure I'm getting this right, on a merged pool there are thus two levels for the VTC part: at the p2pool level a single address, the node's address, is being paid the VTC using PPLNS, while at the proxypool level that payment is redistributed using CPPSRB?

And the MON part is basically a "pooled" solomining redistributed using CPPSRB, which will only be payable once a block is found?

exactly, this is right

[dotnetmin]

where can we seen the nethash of MON only ?

[Cooba13]

open wallet, go to help -> debug -> console enter getnetworkhashps

[orcage]

anybody can help me?
i have bamt 1.5.2
i wonna use hashrader pool for mining monocle
what i must write on bamt?
insert   pool and user/pass  into vertcoin.conf?)

[BorisTheSpider]

Figured with a bit of a MON market building up in the thread it might be time to start requesting MON on some exchanges. Please add your voice to the request to list MON at CoinedUp.

Exchange requests: http://www.reddit.com/r/CoinedUp/comments/24yk8a/please_add_mon_vtc_team_release_mergemined_on_vtc/

[Doom4535]

Is there an actual p2pool network for monocle, the pools listed as p2pool don't seem to have a stats page...

[Amalker]

Figured with a bit of a MON market building up in the thread it might be time to start requesting MON on some exchanges. Please add your voice to the request to list MON at CoinedUp.

Exchange requests: http://www.reddit.com/r/CoinedUp/comments/24yk8a/please_add_mon_vtc_team_release_mergemined_on_vtc/

Vote!!CoinedUP - good exchange!!

[gagarin]

WTS 200 MON for 1 BTC pm

[dotnetmin]

open wallet, go to help -> debug -> console enter getnetworkhashps

1382179869 = 1.4GH

[coa032]

WTS 200 MON for 1 BTC pm

If I were you I would wait for coinedup and other exchanges to add MON. Diff slowly rising,only 80k have been mined so far,no premine,fair launch,support from vertcoin team,first merged minable coin...it will be worth more than 1 btc. Just my opinion

[dare88]

WTS some monocles, PM me with offers.

[soulnecturn]

well, you can expect to get steady payments. You should get all your coins sooner or later it all depends on rate of finding blocks and stuff like that. Keep in mind that all those numbers are fixed values of shares and payouts are affected by founding a block. Which means slow blocks slow payouts, fast blocks fast payouts.
it doesnt really matter on which network we mine, in the end we will get same payouts everywhere.
you will get paid as long as you have valid shares in database, even if you are not mining. You should probably, as everyone else, read how this payout system works http://eligius.st/~gateway/faq/capped-pps-recent-backpay Might shed some light on your situation

with full honest Looking at this how it look.... If I stay mining in it ... I will be getting daily like 10% maybe of what mined and rest will be stacking up for later... so if I stay ... after week  I will land with few hundred not paid verts and more mons ...
thats pretty not how I saw it and I am sure not anyone wish like this...

for now forced to move to simplevert :/ yes ... I would suggest to work more on those whole p2pools as now I see why few just deciding on this ...
I really wanted and tried... but simply not yet the time :/

p.s.
Cooba are there "any" way to get those coins faster? Or I will anyway need to wait for those that were already mined days or more? (if at all??) ... Getting max 0.1vtc per every block found will take ages for what my miners found in last day just :/ thats really insane :/

[sammy007]

WTB 300 MON for 30 VTC.

[dotnetmin]

WTB 300 MON for 30 VTC.

me too

[ivanlabrie]

WTB 300 MON for 30 VTC.

Wha? :p

I'm not selling mine...

[Cooba13]

@soulnecturn
it is capped to 0.1vtc per transaction, not block. last matured block was paid in 4 transactions of almost 2vtc each, which makes what we get from each block. IIRC payout script is being reworked to make our lives easier and miners happy