Quote from: BitcoinEXpress on August 21, 2013, 03:28:55 AM

Quote from: ruecanonrails on August 21, 2013, 12:50:48 AM

The network total hash is not 174Mhash.

It's much less than that. What happened, I'm assuming is we had people jump on while it was profitable until the difficulty went up then they abandoned mining. This was done to maximize their profits, or an attempt to attack the coin by getting the difficulty stuck. The current estimated network hash looks too far back to get an accurate representation. I don't think the it's meant to estimate within the 48 block retarget window.

If you look at the next estimated difficulty, it's much lower because we currently aren't solving blocks at a normal rate.

Thankfully the coin retarget is set low allowing for us to easily ride out the high difficulties. In fact as of writing this, right now we are on track to have the difficulty drop back down in just over 3 and half hours with current pool hash. When it does drop the coin will become instantly profitable to mine once again. We will likely see this trend of random difficulty jumps until the overall network is a little bit more stable and people devote time and hash to it.

I added a 150 mhs last night to it and still have 110 mhs on it. I announced it 10 minutes ahead of time on Cryptsy as to not freak anyone out.

I'm just mining and that's all.

~BCX~

I'm sorry, but you're not "just mining". You appear to be exhibiting very hostile mining habits. You throw your hash rate at a coin with a low difficulty until it retargets causing a massive difficulty increase. At which point you then leave that coin/blockchain and jump to another one. In the process bringing the network to a halt/slow crawl. After hours of others mining and trying to get the coin to recover with a lower difficulty which matches the network hash, you come back and repeat the process.

Despite what you say, I see no evidence of your supposed 110 mhs still on the network.

You are essentially attacking the coin by means of a high difficulty attack.

This is not something that happens accidentally, it is an intentional attack on this and various other coins that you mine with the same method.
Watching the blockchain and the rate which blocks are solved, you can clearly see the start of the difficulty attack by tanking the network, and the damage it inflicts when you leave.

Please prove me wrong on this assumption. Wink