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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 09/03/2014, 17:07:34 UTC
Hey what do you think about this?

https://altoutlet.com/eac


sweet, more places to spend my coins on  Cheesy
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 09/03/2014, 17:06:11 UTC
@centurion

Is it possible to filter the items that are out of stock on earthazaar? After clicking 30+ items of silver coins only to find out all are out of stock it came to me aht this would be a usefull addition  Cheesy maybe it's already there and i'm only blind tho!

@mrchisolm,

Sellers can change product visibility for out of stock items. This is in the 'Publish' field in their product editor. I was going to try to leave this up to the store owners as they may restock items on a regular basis, but I definitely see your point.

I will write a filter to help make things easier for shoppers. Thanks for the input!

cool, sounds good   Cheesy
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 09/03/2014, 09:35:21 UTC
@centurion

Is it possible to filter the items that are out of stock on earthazaar? After clicking 30+ items of silver coins only to find out all are out of stock it came to me aht this would be a usefull addition  Cheesy maybe it's already there and i'm only blind tho!
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 02/03/2014, 09:35:41 UTC
I would say Earthazaar.com is off to a pretty good start. 1.3M EAC traded for items in the first 24hrs Smiley

i'm one of em  Cheesy looking good! bought some silver from ATX, really hard to resist at his rebate price hehe
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 17/02/2014, 20:05:45 UTC

Another 5 1/2 hours with nothing. Sad

Still can't get other 450kh/s system to connect. I'm assuming If I run the wallet on the other system it will work on a different block?

no everyone is working on the same block, ie the next in the chain so you'll be working on the same block no matter where you connect to  Smiley
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 16/02/2014, 19:51:39 UTC

it does surprise me that you have similar payout to me the last days before you switched from poolerino and i have only 3.5Mh/s  Huh
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 16/02/2014, 19:48:59 UTC

Where does the solo mining block information get stored on your computer? I mean the actual information that will solve in the end the block. In the .bat file or the wallet? Does rebooting the rigs do any harm?

Thanks for the interesting link.

i've been googling for a couple of hours trying to find out how mining actually works .. i think this explains it in the simplest way ...

Quote
Mining is a way of generating new blocks. The aim is to pick a random string, called a nonce, to solve this problem:
Hash( previous block header + transactions + nonce ) = 0
Hash() is a simpleish formula that turns a block of text into a summary string. The key thing is that slightly different blocks of text give very different hashes.
The tricky part is figuring out what the nonce is. The only way to do it is to keep on trying different strings until you get one such that the result of the equation is 0.
Actually it's very hard to get to 0 so we agree that it just needs to be close to 0. How close exactly? Well this is what people refer to as 'difficulty' and get's adjusted over time depending on how many people are mining so that this equation is solved globally roughly once every 10 minutes.¨

source: http://www.reddit.com/r/Bitcoin/comments/16lggw/what_is_mining_actually_doing/

basiclly whenever a new block is found cgminer takes that header + transactions (if any) and inputs random text and throws it in the scrypt algo and if it produces the right answer you will have found a new block. ( and as i understand it, diffuclty determins how close you need to be to the correct answer for it to be valid)
So it's untrue that you're working on the same block until you find it since you need the name of the last found block header to get a valid new block to add to the chain.

Hopefully i typed it out so it's understandable, i'm still trying to get around it all myself  Cheesy

But all in all, you'll turn on ur miner and play the probability game until u find a block then u start over gain.

That means you are not working hours on solving one block, but you restart each time someone (once every minute or so) submits a block. That is why the added failover-only pools help you stay ahead of the game as you will be informed immediately a block is found. Right?

the faster you get the information about the new block header the more time you get to solve the new block yeah, every little bit help but i assume it's a few ms advantage at best, over a course of avg of a minute it's not a big difference but i don't see any negatives with adding more failovers.
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 16/02/2014, 19:42:13 UTC


Quote

So it's untrue that you're working on the same block until you find it since you need the name of the last found block header to get a valid new block to add to the chain.


Thats why if somemone solve it before you, you get an orphan...

in rare cases yes that can be the case.
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 16/02/2014, 19:37:35 UTC

This is what I was going to ask.  There's bound to be a block that increases your variance.  As I've been saying, average payout is a function of time, and block resolution is all about luck.  If you're still ahead of the pool payouts though, this should be a particularly concerning issue.

I've been charting my payouts, and as I've said, the difference between pool mining and solo mining is light and day:

http://i.imgur.com/II9yPst.png

I switched to solo mining on the 13th.  The longest gap between block found that I've dealt with was 8.5 hours on the 13th, and I still came out way ahead.  It might be helpful to write down some numbers to see how ahead you are.

what is your Mh/s?
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 16/02/2014, 19:32:01 UTC

Where does the solo mining block information get stored on your computer? I mean the actual information that will solve in the end the block. In the .bat file or the wallet? Does rebooting the rigs do any harm?

Thanks for the interesting link.

i've been googling for a couple of hours trying to find out how mining actually works .. i think this explains it in the simplest way ...

Quote
Mining is a way of generating new blocks. The aim is to pick a random string, called a nonce, to solve this problem:
Hash( previous block header + transactions + nonce ) = 0
Hash() is a simpleish formula that turns a block of text into a summary string. The key thing is that slightly different blocks of text give very different hashes.
The tricky part is figuring out what the nonce is. The only way to do it is to keep on trying different strings until you get one such that the result of the equation is 0.
Actually it's very hard to get to 0 so we agree that it just needs to be close to 0. How close exactly? Well this is what people refer to as 'difficulty' and get's adjusted over time depending on how many people are mining so that this equation is solved globally roughly once every 10 minutes.¨

source: http://www.reddit.com/r/Bitcoin/comments/16lggw/what_is_mining_actually_doing/

basiclly whenever a new block is found cgminer takes that header + transactions (if any) and inputs random text and throws it in the scrypt algo and if it produces the right answer you will have found a new block. ( and as i understand it, diffuclty determins how close you need to be to the correct answer for it to be valid)
So it's untrue that you're working on the same block until you find it since you need the name of the last found block header to get a valid new block to add to the chain.

Hopefully i typed it out so it's understandable, i'm still trying to get around it all myself  Cheesy

But all in all, you'll turn on ur miner and play the probability game until u find a block then u start over gain.
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 16/02/2014, 18:42:39 UTC
Even though I have really gotten the solo mining topic into rolling, I have a basic question about solo mining:

Do you mine for hours on the same block or do you start every time you see "stratum detected new block" - difficulty set to 25, a new block? This is especially confusing, as you see on the 5th line of cgminer:

Quote
Block: 42c37c21.... Diff:25 Started: [19:07:28] Best share: ....

According to that your miner would be updated when a new block is found, and your miner starts working on the next block.

But on the other hand, if your miners are working for hours on one block, how does the changing difficulty affect you? And if this is the case, should you restart your cgminer after a certain amount of hours if your miner was not successful, so you try out on a different block?

I know it is kind of embarrassing to ask that question so "late in the game".

I think the only trustable way to do it is deleting the .bin files on cgminer folder.
Difficulty changes every block, so if you are working on a block, every time a block is found on the network you are affected by that difficulty change. "Block: 42c37c21...." is the last block found in the network.

OK, so if you have 4 workers set up solo mining - do they all work together on the same block or are they all pursuing different blocks?

They all work on the same block...

If you wanted to try a different block because you spent too much time on an unlucky one - do you restart all your miners or restart the EAC wallet?

I think the only way to do it is deleting the .bin files on cgminer folder.

why would it matter to try "change block" when you have the same chance of finding the solution at any point in time while ur mining? it's all about probability .. https://www.litecoinpool.org/calc?hashrate=3500&difficulty=28&power=1400&energycost=0.13¤cy=USD (change to your own settings and difficulty to see how many blocks you should get on average per day, obviously impossible to predict the average difficulty but you can put a number that's in the ball park atleast  Wink)
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 15/02/2014, 23:49:27 UTC
I want to share some other discovery I made today:

In the last few days I was playing around with several other settings like --queue --expiry and --scan-time. And the more time passed, the less blocks my miners picked up. I tried all kinds of things to get it working again like resetting router, restarting rigs, ... I was about to give up when it occurred to me that the part of these settings might still have been stored and corrupted my mining settings. Then I remembered something you do when testing out new settings, to delete the "scrypt130511Tahitiglg2tc8192w256l4.bin" file in the cgminer folder.

No more than 10 minutes passed after deleting this file and my miners found already the first block again.

To make a long story short - if you play around with several settings and experience bad luck, try deleting this file - as this will reset and rebuild your proper mining settings.

Also, another tip:

If you add at least 2 --fallover-only -o stratum+tcp://pool.com:xxxx -u user -p password backup pools to your .bat file, you will increase your chances of finding a block while solo mining, as you will use the stratum's servers data to update your miner when a block gets found, so you are always working on the latest block. (And thus avoiding orphaned blocks.)



it's good practice to always start your .bat with del *.bin  Smiley .. how do you know your change in settings  made any difference in such a short time frame? You could have been just unlucky at that point rather then it was the settings. I started my own testing myself, will report back how it goes .. 4 blocks found so far in 7 hrs .. i guess i'm pretty lucky tho tonight hehe .. and thanks for the tip about the failover, added it to my bat aswell  Smiley
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 14/02/2014, 13:24:34 UTC
from 12th 10pm and 24hrs forward i got 33.6k, well in line with projections. did u talk with Mike even about it to see if something is not working as it should? Can only say that it works fine here.

If you look in the dashboard under Finder, you see how many blocks your workers found and how many coins got generated. Then look under transactions and check the total you ever made in that pool. Mine is about 40% off. I am not just talking 1 or 2 days but the whole period mined in that pool.

ok i generated 665 000 coins, and got credited 538 666 coins. seeing as the pool life time percentage of found blocks is 120% of expected i divide 665 000 by 1.2 and i get 554 000 coins so it seems pretty close to what i should be getting. Perhaps i would be luckier with finding blocks on my own then in the pool but i would need a couple of days / weeks to find out but so far i have gotten what i should expect to get. unless im totally mistaken on the math  Cheesy
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 14/02/2014, 13:12:32 UTC
@mrchisholm
I was estimating the 26,000 per 24 hours per last few days mined in that pool. Fact is I am making 3x more solo mining than at that pool.
Another way you can check if you are getting more going solo is looking at how many coins you generated at the pool when your workers found blocks. I found x number of blocks on that pool, but got payed out 40% less than what my blocks found generated.

With that hashrate of yours, why don't you try for yourself if you get more coins going solo.



 Smiley Not saying ur wrong hehe just saying i'm getting around what it tells me i should but i might do that to see if there is any difference, but you can't base your findings on 1 or 2 days ... one day i can find 5 blocks the next i find one, it all evens out in the long run.
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 14/02/2014, 13:10:15 UTC
from 12th 10pm and 24hrs forward i got 33.6k, well in line with projections. did u talk with Mike even about it to see if something is not working as it should? Can only say that it works fine here.
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 14/02/2014, 12:31:31 UTC
So, solo mining, the odds of hitting a block are greatly reduced, and the odds of that block getting orphaned are also large.

What sort of hashing power do you guys have to even hit blocks solo?   



Hey guys, found out that I make about 40% more doing solo mining than pool mining with Poolerino.

If I calculate all blocks found by my workers versus the actual amount made on that pool, I have a loss of 40%!!!!! Will be switching to solo mining for a while.

Hey all, so I decided to give this a shot myself.   I've always had my suspicions, as my 24-hour estimated calculations never came anywhere CLOSE to my actuals, but I never committed to solo mining to find out.  It turns out that there's some weight to what bumblebee said.

I've been solo mining on my rigs for the past 22 hours, and although today may have been a lucky day, I've seen over a 100% increase than my normal average.  I've literally earned over 2 days worth of what I would've earned being on a pool.

But I would suggest to even try with a one card setup, as I run one computer with a 7970 (hashrate 580 KH/s) and get about 1 block a day.

I am now insanely suspicious of pools blatantly skimming off the top.  The last pool I was on was poolerino, and quite frankly, I want some answers.

I did not want to be that direct, but I was suspicious too. I too by the way earned 3x more mining solo than with Poolerino.
5.5 MH/s - I got about 8 accepted blocks in 24 hours solo mining, which is about +92,000 EAC - and pool mining in Poolerino about 26,000 ... You do the calculation  Undecided

I would think you can even try solo mining with a one card setup, as I have one computer that has a 7970 card with 580 KH/s hashrate. I am on average getting one block in 24 hours with that hashrate.



I have a 3.5Mhz rig and i got 70k coins from poolerino the last 48 hours, so it seems unlikely that u got 26k in 1 day with 5.5Mh.
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 11/02/2014, 09:36:33 UTC
website is lookin awesome imo  Cheesy
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 10/02/2014, 18:29:05 UTC
Some feedback is appreciated:

What would members consider a priority between these two, an ebay style auction site or an earthcoin freelancer site? Please let me know as I am planning my sites out for the next couple of months. Thanks guys Smiley

Edit: http://earthazaar.com is up for testing if anyone wants to take a look.

site looks really nice, keep up the good work!
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 09/02/2014, 09:00:13 UTC
really nice work xploited, waiting eagerly to download it  Grin
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Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
mrchisholm
on 02/02/2014, 10:08:29 UTC
not bad EAC 325 BTC volume last 24h  Cheesy