lok8nusa
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Activity: 254
Merit: 11
Call 811 before you dig
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August 24, 2018, 12:30:20 PM |
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Another Block by cryptostar!  This is our 2nd of BLOCK FRIDAY! Correction, Carl: This is our 2nd of GREEN BLOCK FRIDAY! Edit: It would be nice if it turned into a massive GREEN BLOCK WEEKEND! Mine on!!! |
Coining bits since 2017 Kano Pool is the BEST BTC mining pool. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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VRobb
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August 24, 2018, 12:46:31 PM |
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That makes 5 in a row for cryptostarusa!! Oh BAM! Block cracking maniac!! |
I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH! Oh The SPEED!!!
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BSGMiner
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Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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August 24, 2018, 02:09:17 PM |
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DOUBTCLE MINT, DOUBTCLE MINT BTCLOCK!!!Chew on that! 
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The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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mercurye
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Activity: 51
Merit: 0
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August 24, 2018, 02:43:53 PM |
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^^
I opened the email and assumed it was some sort if phishing attempt glad I already made my mind up to never order from them.
Considering how often there database gets hacked I'd hate to have valuable information about myself there.
Right? No more Bitmain for me... Swore off of them after I burned the last of my $200 coupons on now worthless L3s (with the coupons, they were very cheap). Actually losing a few cents a day mining with those now. In related news, did everyone catch that China is going to IP block another 100+ exchanges from their citizens? They already banned exchanges within their country, so this will be the Poloniex's of the world going away for them. Bitcoin must be worth something if they are so afraid of it, but that is sure not going to help the current recovery. Well, the S9 is also a couple of cents after power costs. |
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firetreeactual
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Activity: 952
Merit: 1003
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August 24, 2018, 06:24:46 PM |
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^^
I opened the email and assumed it was some sort if phishing attempt glad I already made my mind up to never order from them.
Considering how often there database gets hacked I'd hate to have valuable information about myself there.
Right? No more Bitmain for me... Same here! Been off the forum for a while...for Discord...anyway, yeah, I got that e-mail and blew a cork. NFW. |
To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
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BSGMiner
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Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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August 24, 2018, 09:19:24 PM
Last edit: August 25, 2018, 12:17:26 AM by BSGMiner |
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Well... Looks like were up to ~225PH with the (non-failover-looking) addition of 3B4...  Welcome aboard, stick around for a while, and take part in the BTC giveaway! Best of luck getting a block once you ramp up. Edit: Aaaaaannnddd... He's gone. |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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mercurye
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Activity: 51
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August 25, 2018, 09:32:37 AM |
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What is the reason the mempool is not cleared even when blocks are not full?
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kano (OP)
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Activity: 4466
Merit: 1800
Linux since 1997 RedHat 4
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August 25, 2018, 10:35:46 AM |
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What is the reason the mempool is not cleared even when blocks are not full?
2 reasons: 1) some pools ignore lotsa transactions or worse, produce empty blocks on every network block change 2) segwit was a scam - it's aim was to centralise bitcoin with centrally controlled lightning networks it didn't resolve the block size problem as can CLEARLY be seen early in the year |
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mercurye
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Activity: 51
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August 25, 2018, 10:48:26 AM
Last edit: August 25, 2018, 11:10:10 AM by mercurye |
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What is the reason the mempool is not cleared even when blocks are not full?
2 reasons: 1) some pools ignore lotsa transactions or worse, produce empty blocks on every network block change 2) segwit was a scam - it's aim was to centralise bitcoin with centrally controlled lightning networks it didn't resolve the block size problem as can CLEARLY be seen early in the year 1. Is it in the code to ignore transactions? Cause it is happening to all major pools which I dont see blocks utilizing all the space. 2. In your opinion, What is the next solution apart from Segwit and Lightning? Since big blocks are out of the question? |
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kano (OP)
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Activity: 4466
Merit: 1800
Linux since 1997 RedHat 4
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August 25, 2018, 10:59:16 AM |
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What is the reason the mempool is not cleared even when blocks are not full?
2 reasons: 1) some pools ignore lotsa transactions or worse, produce empty blocks on every network block change 2) segwit was a scam - it's aim was to centralise bitcoin with centrally controlled lightning networks it didn't resolve the block size problem as can CLEARLY be seen early in the year 1. Is it in the code to ignore transactions? Cause iy is happening to all major pools which I dont see blocks utilizing all the space. 2. In your opinion, What is the next solution apart from Segwit and Lightning? Since big blocks are out of the question? Many pools modify what they accept. However, at the moment there aren't a lot of transactions waiting around. Also very low fee or zero fee transactions are likely to not be passed around the network. Aside: another simple problem is that the fee is completely unrelated to the amount of Bitcoin being spent. Segwit isn't 4MB, it depends on if everyone changes what they are doing, trashes their wallets and changes to what core wants them to do. Bigger blocks were the blatantly obvious solution. Core bitcoin can handle up to 32MB with a minor change. The concept of BIP100 was the best solution and got over 70% of miner support - but core didn't want it - they don't give a shit and literally despise miners - so they wouldn't code it - which is of course funny since mining is the basis of the design of bitcoin ... and bitcoin works without transactions, but doesn't work without miners. I guess the answer is something other than decentralised bitcoin, which is what Corecoin is becoming. |
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mercurye
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August 25, 2018, 11:09:32 AM |
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Thanks for clarifying. I guess nothing is moving forward on the bigger block solution for the time being. Until the next Great Congestion in the bull run up.
Will you be able to build consensus on the bigger block since it is a minor code change. Fingers crossed.
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BSGMiner
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Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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August 25, 2018, 01:16:47 PM |
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...Great Congestion... The Great Depression, the Great Recession, and then the Great Congestion! That's a good one. |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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os2sam
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Merit: 1090
Think for yourself
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August 25, 2018, 02:01:33 PM |
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I guess nothing is moving forward on the bigger block solution for the time being. Until the next Great Congestion in the bull run up.
That transaction "Congestion" was completely manufactured to create urgency and panic. Supply and demand works great, just let it. |
A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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BSGMiner
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Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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August 25, 2018, 03:27:27 PM |
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That transaction "Congestion" was completely manufactured to create urgency and panic. Supply and demand works great, just let it.
Not surprised; generally wanting to know: Was that by purposefully disregarding transactions, or purposefully flooding the network with transactions to create "fake demand"? First "fake news"; now "fake demand"! It never ends!!! |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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clgrissom3
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Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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August 26, 2018, 12:55:36 AM |
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Block by Tommy! This is our 1st of BLOCK SUNDAY! |
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BSGMiner
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Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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August 26, 2018, 01:05:52 AM |
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Block by Tommy! This is our 1st of BLOCK SUNDAY! Yeah-heh, Tommy! Thank ya very much! |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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mercurye
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August 26, 2018, 01:28:50 AM
Last edit: August 26, 2018, 06:05:26 AM by mercurye |
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That transaction "Congestion" was completely manufactured to create urgency and panic. Supply and demand works great, just let it.
Not surprised; generally wanting to know: Was that by purposefully disregarding transactions, or purposefully flooding the network with transactions to create "fake demand"? First "fake news"; now "fake demand"! It never ends!!! It was transaction flooding. The intention was to create a fake congestion, not fake demand. Anyhow, I believe the system should be enabled to handle higher traffic. Even at 8MB, the 100+ MB mempool at peak congestion fould be cleared in 2 hours. Then we are back to sub 1MB blocks. Anti big blockers tend to calculate the full blocks for years on end, which artificially inflates the whole block chain size. |
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Biffa
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August 26, 2018, 06:30:49 AM |
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Cheers Tommy for the block, nice to see your third block cracked on the pool. And with "only" 758TH too. Nice job!
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kano (OP)
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Merit: 1800
Linux since 1997 RedHat 4
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August 27, 2018, 04:18:55 AM |
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Block! by canaan!  |
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BSGMiner
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Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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August 27, 2018, 01:34:22 PM |
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Block! by canaan! Thanks for mining with us, Canaan! "I'm gonna keep on [buyin' from] you! 'Cuz it's the only thing I wanna do. I don't wanna [work]. I just wanna keep on [minin' with] you!" |
The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance*** |
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