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Board Announcements (Altcoins)
Re: ✦✦ ECCoin ✦✦ [ECC] ✦✦ Fair Mine Period ✦✦✦ Last 34 Days...
by
hostmaster
on 18/03/2014, 03:11:36 UTC

PoW:
- Random 100000 - 300000 coins per block for the first 45 days evenly distribution


I think you probably need to make the reward a constant 200000 coins per block and do it quickly. Given the way the net hash keeps jumping around recently, it looks like big hash is jumping in to cherry-pick the high reward blocks. That's the same problem DOGE had and is why they hard forked just now to make their reward constant. It's not fair to those of us who are mining constantly to have someone else come in and cherry-pick the high-reward blocks.

This is the last 20 blocks mined at the ECC - Cloudminers pool. Note how few blocks they have been able to find today that were > 200000 ECC.

Block    Validity    Finder    Time            Difficulty    Amount    Expected Shares    Actual Shares    Percentage
Totals                                                                1,514,825    1,317,062    86.94
20325    105 left     56337304    17/03 21:43:41    18.60    120,560.00    76,192    3,600    4.72
20321    101 left     56337304    17/03 21:40:41    20.45    116,923.15    83,748    93,032    111.09
20235     15 left     56337304    17/03 20:34:07    18.37    126,882.00    75,256    21,639    28.75
20212    Confirmed    56337304    17/03 20:16:12    21.28    273,355.02    87,182    10,306    11.82
20202    Confirmed    56337304    17/03 20:07:31    20.85    204,824.00    85,392    111,694    130.80
20079    Confirmed    56337304    17/03 18:35:59    15.97    150,222.00    65,433    18,964    28.98
20063    Confirmed    vadimka6    17/03 18:21:34    18.88    142,928.00    77,326    37,110    47.99
20030    Confirmed    56337304    17/03 17:55:42    20.16    188,976.00    82,563    34,736    42.07
19948    Confirmed    wabigong    17/03 16:52:45    18.30    144,630.00    74,958    57,655    76.92
19893    Confirmed    56337304    17/03 16:08:00    22.85    127,907.00    93,599    35,280    37.69
19853    Confirmed    56337304    17/03 15:39:34    19.76    146,626.04    80,948    59,706    73.76
19451    Confirmed    wabigong    17/03 10:30:57    18.37    185,428.10    75,233    132,891    176.64
18706    Confirmed    56337304    17/03 00:57:21    19.92    171,361.00    81,572    88,662    108.69
18612    Confirmed    wabigong    16/03 23:49:34    15.04    120,713.01    61,600    75,440    122.47
18542    Confirmed    56337304    16/03 22:51:43    20.29    145,538.01    83,088    98,984    119.13
18439    Confirmed    56337304    16/03 21:36:00    16.92    276,971.03    69,313    79,562    114.79
18358    Confirmed    56337304    16/03 20:36:19    12.82    279,638.00    52,530    118,156    224.93
18248    Confirmed    56337304    16/03 19:08:32    16.33    157,691.00    66,870    50,119    74.95
18203    Confirmed    56337304    16/03 18:33:51    16.79    145,128.02    68,765    148,683    216.22
18049    Confirmed    56337304    16/03 16:34:58    17.89    298,055.01    73,257    40,843    55.75


And yes, even though the reward is supposed to be random, as soon as a block is solved, it's possible to calculate the reward for the next bock. See "Something is rotten in the state of DOGE mining" for a description of the problem as it occurred with Dogecoins. I would be very surprised if ECC somehow did things differently.

BTW, I shortened someone's ID in the table to make the columns line up better. The table is here, but may change by the time you look at it.

Can someone verify if this is a problem with ECCHouse? They are so large it couldn't be just a matter of luck if it shows up there. I don't have an account with them and they don't provide that information to the public. The average reward for the last 24 hours would be great to know. For ECC - Cloudminers, it was about 157,000, instead of 200,000.

Thanks i am checking on it if necessary i will update, I am afraid those one of pools may do some strange tactics. I prepare our official pool for the next week. We can there better see what looks like a good pool.