Post
Topic
Board Announcements (Altcoins)
Re: [NLG] Guldencoin.com/pay-here — 25TH OF SEPTEMBER V1.3 (DGW3) MANDATORY UPDATE
by
CIG
on 27/09/2014, 08:53:51 UTC
Just looking back through the block explorer and Hardcore's block stats it appears to me that the new diff algo in it's current form has not worked.  The only blocks that Hardcore are finding are the high diff blocks every hour or two which then opens the flood gate for Clevermining to rape the coin, leave, rinse and repeat.  

I've mined NLG on and off since day 1 but I haven't mined it for weeks due to the diff adjustment problems and frankly, the recent algo change appears to not have made one iota of difference.  This is a shame as I saw huge potential in this coin.  How are your merchants going to be able to accept the coin if it takes over an hour for one confirmation?
Merchants will be happy if the confirmation is done afterwards. But how do we keep the miners happy?

Option 5 (by Dutchyyy) is probably the best for the short term. Terk is cooperative and it's more profitable for Clevermining too (stats show Clevermining could earn the same amount coins with less power). Be aware that this is a workarond. First of all there are many more multipools. Have a look at http://poolpicker.eu/table?algo=scrypt. Secondly it still leaves only the hard blocks for dedicated miners.

And Thirdly it's very risky to leave someone having more then 50% of the power for a long time.
Can we finance a solid dedicated NLG pool? (Crowd funding? Premine?)