Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PASC] PascalCoin, true deletable blockchain - V2 protocol active!
by
tlaskows
on 28/01/2018, 18:38:08 UTC
The way I see it one of the problems Pascal coin has right now is mining is centralized.  With centralized mining some exchanges may be reluctant to list PASC over fear of a 51% attack.  The developers, it is my understanding, are proposing a CPU algorithm to seek to address the problem.  I'm not at all sure the current algorithm is the problem, that is to say with suprnova gone there is 1, ONE, pool to mine pascal, correct me if I am wrong.  What if one goes through all the effort of putting a new algorithm in place at the end of which there is ONE mining pool, and possibly lots of botnets?  So again it would seem the problem is there need to be more mining pools for Pascal, this doesn't seem like a terribly difficult problem to solve.  The developers could 1) reach out to established pools and ask them to include Pascal, 2) talk to their programmer friends about creating mining pools 3) If they built the coin they sure could build a mining pool.  So developers could build a Pascal mining pool take the 1% mining fee, 1% right Wink and put the revenue towards coin development.  Might not be much, but until or unless PIP11 passes it is something.

For the past three weeks or so I have been happily dual mining ETH/PASC at nanopool. If I had someplace else to point my six GPUs for PASC I likely would and definitely would if I knew the mining fee was going towards coin development. There may be something I am missing in all this like a problem with ASICs or some such but I am not sure changing the algorithm solves the problem of too few mining pools.  Even though I am not a programmer I am half tempted to try and set up a PASC pool myself, probably not a great idea unless I had a lot of expert help.  Anyways, my two cents and something to think about.

If you check the Blockchain Explorer tab, there are 3 mining entities. Nanopool, cointron (also a pool you can mine on) and Zetapool (unknown).

Nanopool has been reliable and established for at least 2 years.

The fees that are in the miners and pools are tiny compared to HR lost because of internet going down, computer crashes, and well the cost of a 6 GPU rig catching on fire - yes it can happen, electricity...

@ZPDM:  My 4 GPU 1080ti machine keeps crashing daily.  I have spent months and it's still not stable.  12V rail got zapped on the PSU and melted few things, mobo is missing several parts.  I fixed it, because it's cheaper than buying new stuff.  I keep fixing it several time a day sometimes.

And yes, coinotron worked/works, but it I had too many issues with it.  You can happily mine ETH and PASC on coinotron and stop contradicting yourself.

Sorry, I was commenting on that long post that doesn't make any sense.  I honestly have no idea what it was about.