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Re: Bottlecaps 2.0 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS
To go back to the Cryptsy issue, it seems to be a problem on their side. Deposits worked fine yesterday but now i see the transactions going over but the accounts are not credited.
On that note, if they are updating the wallet they might have issues downloading the blockchain as i found it took me over 4 hours 2 days ago.
EDIT: Just received my last block payout to Cryptsy.
On that note, if they are updating the wallet they might have issues downloading the blockchain as i found it took me over 4 hours 2 days ago.
EDIT: Just received my last block payout to Cryptsy.
Re: Bottlecaps 2.0 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS
Bottlecaps pool now online running latest wallet: http://cap.pool.mineabit.com
Prop payment system, 2% fee and 0.001 tx fee
Payouts tested and working to Cryptsy
Prop payment system, 2% fee and 0.001 tx fee
Payouts tested and working to Cryptsy
As most of the pools in the OP are dead i guess it doesn't help the coin if the only pool going is the one that switches to it only when it's profitable...
Our pool is still online with a nominal 0.25% fee so get yourself some coins and keep the network going!!
Our pool is still online with a nominal 0.25% fee so get yourself some coins and keep the network going!!
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
what i mean is that if you reduce profitability by reducing the block reward you also reduce the attraction for new miners and for profit switching pools which at the moment seem to be the only ones able to bring lots of hashing power to a coin
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
well ok, personally i wouldnt be scared off as a miner, but would be interested in investing more ;p
i guess if ur happy with the current supply on sell side then it's fine. my idea is that if u reduce mining reward then the coin is free to make rise with new investment till it levels off at the relative diff/reward value. we do have a 50% premine making it's way to the markets already. the price would eventually rise up to and past the same value per coin, just each coin would be worth more. returns from mining would eventually be the same even though there is lower block reward.
i guess if ur happy with the current supply on sell side then it's fine. my idea is that if u reduce mining reward then the coin is free to make rise with new investment till it levels off at the relative diff/reward value. we do have a 50% premine making it's way to the markets already. the price would eventually rise up to and past the same value per coin, just each coin would be worth more. returns from mining would eventually be the same even though there is lower block reward.
I'm not sure that made sense, like at all.
why? do u think that price has to stick with miners? we could pump aur to $500 right now even if there were only 5 miners on the entire network. it really doesnt matter. when the price rises the miners will come.
e.g pump aur to .02btc now and you will see the network housing more than 10gh. pump it to .050 and you will see appearing on the network 50gh. miners follow profitability not the other way around. and investors hold stable coins longer than coins that steadily drop in value.
im saying, if the block rewards were reduced significantly enough then the coin instantly becomes more valuable as there is less dump coming to the market. when that happens, itll get bought up due to low supply at low prices and it will return to a value similar to current income per day even with lowered block reward. miners generally sell and not buy. few im sure even trade effectively to multiply the coins they hold. they just cashout to btc and maybe straight to usd.
my point.. u could not gain value on this coin without attracting more hash. i will state and you can quote me on that.. "it's impossible". if the price rises, the hash will come. the question then would just be how much of that hash wants to dump and how much prefers to hold more longterm.
If you reduce block reward you effectively reduce profitability too.
Keep that in mind
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
Seems more likely that people are trying to throw more mud on AUR hoping to discourage new and old miners.
AUR has suffered like other alts from the attacks of profit switching pools once it gained some value.
Leaving the coin with high diff and dumping straight away crashing the price.
AUR has suffered like other alts from the attacks of profit switching pools once it gained some value.
Leaving the coin with high diff and dumping straight away crashing the price.
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
We have now reduced fees to 0.25% the lowest around.
Min withdrawal: 0.0001 AUR
tx Fee: 0.001 (in line with wallet fees)
http://aur.pool.mineabit.com
Min withdrawal: 0.0001 AUR
tx Fee: 0.001 (in line with wallet fees)
http://aur.pool.mineabit.com
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
make sure you are mining on an updated pool, we are up to date http://aur.pool.mineabit.com
Dear Mineabit,
I stop mining with your pool because you have almost a month without produce a single block (and no payouts off course). Looks like a large percent of the hash power is going to other coins or other AUR private accounting. +4100% or >41 million shares without solve a block is far away from normal.
AUR Miners can validate this info by just login in mineabit pool.
I seen pretty much everyone leave there. I got some aur for a while then it seemed to stop. Been stuck here since before my last login
Tuesday, March 18th at 8:25 am
current info:
Round Shares Submitted shares since last found block (ie. round shares)
Est. Shares 1,158,143 (done: 3963.5%)
Pool Valid 45,903,050
Your Valid 17,006
Pool Invalid 3,028,474 (6.19%)
Your Invalid 54 (0.32%)
AUR Estimates
Block 0.00926865
Fees 0.00009269
Donation 0.00000000
Payout 0.00917596
Network Info
Difficulty 282.74981040
Est Next Difficulty 229.66005988 (Change in 5 Blocks)
Est. Avg. Time per Block 3 minutes 4 seconds
Current Block 5715
While the pool had 600+ MH we were finding blocks, people got their coins out and the issues started.
First we were ddossed hard so we moved webserver, mail server to ddos protected points working around the clock to get things working again.
We also added 1 us and 1 eu stratum servers.
Both of those started to get ddossed again resulting in the server provider asking to stop that service or they would terminate the accounts.
This impacted miners as they were not able to submit shares however people was still able to login and withdraw their earned coins.
We than moved the stratum servers to new providers with better ddos protection again providing 1 us and 1 eu stratum points but since then the hashrate on the pool has been low against a large network hashrate therefore chances of finding blocks were really slim.
Perhaps the fact that we spent our time working on ensuring that miners could get their coins out and continue mining instead of spamming the forum every 2-3 posts advertising the pool did not help.
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
make sure you are mining on an updated pool, we are up to date http://aur.pool.mineabit.com
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
This is a crucial time for AUR so it would seem to be a good idea. Balduro, please PM me if you want to communicate to the pool owner directly.
It seems like we simply got lucky. Block 5383 was found by p2pool, and diff should be down 33% to 1605 now.
I'm not really sure why the wallet RPC command getinfo still shows 2406.9. It seems like it gets the diff of the last block found, not the diff for the next block after computing the diff retarget... (one could consider this a bug
)As far as i know diff changes every 20 blocks, last change was at 5380 so i'm afraid we might be stuck with this until 5400. that is unless value skyrockets and multifools gets back in the game
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
the "icelander should cpu-mine idea" is a drop in the bucket, I think. not enough hashing power.
paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).
The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.
paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).
The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.
Giving a bounty for pools founding blocks will just spark another ddos war, not a great idea
You are right. We would have to pay bounty only for blocks 5382, 5383, 5392, 5393, 5394, 5395, 5396, 5397, 5398 and 5399, not the ones that will have low difficulty. They will mine 5384 through 5393 in no time anyways. Would that work?
no the issue is that even with the high diff some pool ops will start dossing other pools in order to have miners going to them
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
the "icelander should cpu-mine idea" is a drop in the bucket, I think. not enough hashing power.
paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).
The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.
paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).
The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.
Giving a bounty for pools founding blocks will just spark another ddos war, not a great idea
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
did you check if the coins moved from any of the accounts listed where the premined coins are?
Yeah was about to say, how do you expect coins to be distributed without being moved.
They have in fact being moved from the first address listed in the first post
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
Main issue is the continuos jump of hashing power, diff was going down but value didn't... most of people are mining on profitability pools which will switch back to AUR as soon as diff goes down, hash for a bit, and leave as soon as diff is readjusted.
Most miners are in for the profit not for the principle
Most miners are in for the profit not for the principle
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
pool hopping at it's best, look at the wales coming in while diff is low, hash the hell out of a coin and leave it with high diff and low hashrate... been happening all over
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
update done:
{
"version" : 1020000,
"protocolversion" : 1020000,
"walletversion" : 60000,
http://aur.pool.mineabit.com/
{
"version" : 1020000,
"protocolversion" : 1020000,
"walletversion" : 60000,
http://aur.pool.mineabit.com/