Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Murica Coin (FREE) [PoW/KGW] - Launched!
by
singula
on 14/03/2014, 21:56:36 UTC
Ok it seems that its just takes too long for coins to confirm
We've set confirmations number down to 10 and payouts are beeing made now. Please check your wallets

I just don't understand why the confirmations are so slow..

Look at http://mca.pool.mn/index.php?page=statistics&action=blocks
Look at first two columns in the table (Block and Validity)
Do you think it is what it should like?

You managed to smash into the pool, so that it actually paid out some money, but only a small fraction of what it should pay and you have not fixed the problem.

It may look like a good start, but you may have just made thing worse in the long run.

It is like if you fix clogged drain in your toilet by using a pickaxe to create an extra hole on the side. Yay, the toilet is no longer full of crap ... except your floor looks a bit brown now!

I don't see inside your pool, but from the list of found blocks and state of wallet from the block explorer it seems you paid out also for some of the orphans - i.e. blocks that the pool thinks it have mined but in fact it does not. So unless part of the wallet balance i at address I don't see in the block explorer

In the pool administration, pick "Wallet Info" in the admin panel. Is "Liquid Assets" column negative? If yes, the value tell you that some of the past blocks before the form needs to be manually marked as orphaned, as they are in fact not in your pool wallet. I think that by lowering the confirmations to 10 you've paid out many of them (and this cannot be undone now, as the coins have now left the server). While that may be a nice gesture to miners that mined block that were lost later in the fork, it also means you will run out of coins and won't be able to actually fully pay out everybody once this is fixed properly.

My guess is that you are now about 35 blocks short (i.e. you are missing about 620000 coins) and there are still 10 blocks that can still be saved by marking them as orphan before fixing the stuff properly. I guess that the liquid assets balance would be now about -800000.

And next time you advertise your pool, please leave the "Skilled admin" line out. The "I just don't understand" line proves that the claim is false Smiley

Check your cronjobs and logs from them. Check the database. Look at your liquid assets balance. Your pool still need some work to fix the mess up ...
If not sure what to do, ask for help. It may be better than hastily rushing with some action and not realizing the full consequences.

In the end you will probably have to raise the block confirmations to a value actually larger than what is the actual mined block maturity to overcome temporary shortage of coins and then you have to add coins to server wallet to fix this up (either from your own pocket or you have to add coins gradually by introducing pool fees - if you add 1% or 2% fee, the fee may cover the loss possibly within few days or weeks and restore your pool to a usable state, allowing you to set fees back to 0 once the shortage is fixed.)