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Author Topic: [ANNOUNCE] Funcoin - A new pool for litecoin  (Read 3504 times)
someguy123 (OP)
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February 13, 2012, 12:11:30 AM
Last edit: March 22, 2012, 04:48:41 PM by someguy123
 #1

Funcoin is a PPLNS pool ran by Buller, Xavia, and myself.
We have a channel over on freenode - #FunCoin - Feel free to hang out there, and let us know of any issues
EDIT: 18/02/2012: We've just been added to SQUIDNET. Thanks TimothyA Grin
Blocks are now worth 55LTC, and the block finder bonus is 2LTC per block found.

Join now at http://funcoin.org !

To mine, simply use Pooler's Scrypt Miner, and point it to mine.funcoin.org:8341
Quote
On windows:
start /low minerd.exe --algo scrypt -s 10 --threads 4 --url http://mine.funcoin.org:8341 --userpass yourusername.1:x

On linux:
minerd --algo scrypt -s 10 --threads 4 --url http://mine.funcoin.org:8341 --userpass yourusername.1:x

Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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gmaxwell
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February 13, 2012, 02:07:08 PM
 #2

Funcoin is a PPLNS pool ran by Buller, Xavia, and myself.

Fft.  With P2Pool for litecoin cooking, why another old centralized pool, especially a PPLNS one?
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February 13, 2012, 04:04:59 PM
 #3

Funcoin is a PPLNS pool ran by Buller, Xavia, and myself.

Fft.  With P2Pool for litecoin cooking, why another old centralized pool, especially a PPLNS one?
Centralized pools are still a lot easier to use since you have only one application to keep up instead of two. Also, features such as worker alerts using e-mail.

Still, I'd recommend using p2pool if you can.

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someguy123 (OP)
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February 13, 2012, 04:45:41 PM
 #4

Centralized pools are still a lot easier to use since you have only one application to keep up instead of two. Also, features such as worker alerts using e-mail.

Here's another great plus... less wallet fragmentation so you don't have to pay huge fee's when trying to send your LTC =_=

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February 13, 2012, 07:15:36 PM
 #5

Fft.  With P2Pool for litecoin cooking, why another old centralized pool, especially a PPLNS one?

why hate at pplns, you have a reason or ?

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racerguy
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February 13, 2012, 07:29:59 PM
 #6

Yes to my understanding pplns is the best payout model there is.
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February 13, 2012, 09:50:17 PM
 #7

Fft.  With P2Pool for litecoin cooking, why another old centralized pool, especially a PPLNS one?

why hate at pplns, you have a reason or ?

PPLNS is awesome.  But P2Pool is PPLNS, so as a PPLNS pool it's more redundant to P2Pool than it would be otherwise. Some people prefer other schemes (e.g. PPS) that aren't reasonable to provide with P2Pool.

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Also, features such as worker alerts using e-mail.

Sounds like a feature request.
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February 13, 2012, 09:52:20 PM
 #8

Fft.  With P2Pool for litecoin cooking, why another old centralized pool, especially a PPLNS one?

why hate at pplns, you have a reason or ?

PPLNS is awesome.  But P2Pool is PPLNS, so as a PPLNS pool it's more redundant to P2Pool than it would be otherwise. Some people prefer other schemes (e.g. PPS) that aren't reasonable to provide with P2Pool.

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Also, features such as worker alerts using e-mail.

Sounds like a feature request.


We can integrate P2Pool with Nagios... Wink
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February 14, 2012, 06:26:35 PM
 #9

Pointing two workers to you. Give ya a shot Smiley
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February 15, 2012, 01:49:09 PM
Last edit: February 15, 2012, 02:18:34 PM by marked
 #10

Guys, can't access my account as you appear to have chopped the length of password on the password input box, and the email reset is saying not valid email address.

ignore... managed to login with the funcoin.org address...

marked/marked

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February 16, 2012, 12:03:45 PM
 #11

Hello, I just started and will probably have a bunch of noobish questions Smiley
First I want to know who is this guy "litecoins" and how is that possible that he has such a crazy hashrate! Shocked Does he use like 1000 of computers or what? Website says 8 users mining so this leads to my another question: how can pool have 22MH/s? I guess I just don't understand it but I thought it is a sum of contributors hash rates. Thank you for patience with me :-)
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February 16, 2012, 01:26:30 PM
 #12

#LoWang ... was invalid shares Smiley its solved

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someguy123 (OP)
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February 18, 2012, 05:02:17 PM
 #13

18/02/2012 - SQUIDNET SUPPORT Cheesy

LoWang
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February 19, 2012, 12:12:52 PM
 #14

18/02/2012 - SQUIDNET SUPPORT Cheesy
so this means if FunCoin went down or miners will be redirected to some other pool?
bitcoinTrader
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February 19, 2012, 02:24:53 PM
 #15

Still new to mining, hence might be noobish questions.

What is the USP of this pool?
How is it better than litecoinpool?

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February 20, 2012, 12:11:12 PM
 #16

how come that one day minerd was saying 100% accepted (shares?) and now it is around 99.6% ? What does it depend on?
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February 20, 2012, 01:12:34 PM
 #17

how come that one day minerd was saying 100% accepted (shares?) and now it is around 99.6% ? What does it depend on?

That's the ratio of valid shares to submitted shares, and roughly speaking it can be considered as the complement of the stale rate (although it also takes into account invalid shares, if there are any).

The acceptance rate depends on network latency and on the speed at which the pool server handles incoming requests.
As a rule of thumb, it should stay above 99%.

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LoWang
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February 20, 2012, 06:54:24 PM
 #18

yes so it can be because of me switching networks with my laptop, thanks. How many computers do you utilize for your 60kh/s? Wink
someguy123 (OP)
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February 20, 2012, 06:57:44 PM
 #19

yes so it can be because of me switching networks with my laptop, thanks. How many computers do you utilize for your 60kh/s? Wink
A normal athlon II x4 is capable of nearly 30kh/s on its own, if not more when OC'd...
So he's either got a huge network of low end computers, or just a few high powered CPU's...
e.g. my Phenom II x6 gets 5kh/s per thread/core, and I utilize 4 of the cores for mining which ends in around 22kh/s Smiley

LoWang
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February 20, 2012, 07:20:10 PM
 #20

and pooler, you should really fix your displayed hashrate on your pool website. It shows a 1000times smaller number then it should... Wink
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