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Author Topic: Sherlock coin .. solo mining not working!  (Read 702 times)
rppbtc1 (OP)
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May 06, 2014, 07:35:03 PM
Last edit: May 07, 2014, 05:05:24 AM by rppbtc1
 #1

Sherlock coin [SHC] owner is not able to get the pools to work. I had a chat with him and says pools are not responding. I am not blaming the coin owner. He is also trying real hard.

Price of the coin is now 9-10 BTC per coin and difficulty is in single digit. I have few rigs idle. I want to do solo mining, as pools are not working. I am unable to find working network nodes.

It is scrypt based coin and is being traded on some exchanges.

Coin announcement page
https://bitcointalk.org/index.php?topic=454981.0

Blockchain
http://cryptexplorer.com/chain/SherlockCoin

Any tips on how to do solo mining, would be greatly appreciated.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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LAMarcellus
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May 06, 2014, 08:34:27 PM
 #2

Which coin are you referring to? 

The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. – Albert Camus
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May 06, 2014, 09:12:31 PM
 #3

Is it fine for a coin owner mine coins without others mining them? Price of the coin in question is gaining but pools which earlier were supporting them have backed out, block chain is finding new blocks every couple of mins which indicates some one is mining and solo mining is not working as IPs it is hitting are timing out.

So you are saying all pools for that coin are gone, and you have problems solo-mining?  Huh

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May 06, 2014, 09:19:38 PM
 #4

If the coin is on an exchange there needs to be a network of nodes that you can submit blocks to.  But it sounds to me that it's a coin you shouldn't bother with.

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
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May 06, 2014, 09:56:43 PM
 #5

Must be a really thin volume coin, you're trying to mine.  Is it SHA-256 or one of the Scrypts?

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