Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 120. (Read 297708 times)

Yeah the problem is just you being naive and/or not very smart. Depending on how long you mined you might not have a very big sample size. Ever heard of variation? There have been times where it's been an hour between bitcoin blocks on the entire network even though the target time is 10 minutes. Also there is a fork coming to address an issue where the bonus blocks are being hit with huge mining farms as soon as they pop up so perhaps this was part of your issue. That's one of the big reasons the fork is happening. Welcome to 2 weeks ago buddy. Even with all of that FusionHash has found over 20% more blocks than projected over the past hour and nearly 10% more over the past 24 hours. Not sure when you mined but apparently not in that range. I also highly doubt you tracked the difficulty the entire time. It has fluctuated between 4 and 8+ over the past few hours alone. If you still don't understand, your best bet would be a ball-peen hammer to the forehead. Thank you for coming in and spreading pointless FUD directed at one of the cornerstones of the Octo community. The Octo devs even confirmed that pool has overpaid miners 150,000+ 888 since they launched. I'm sure you think you're the first genius to blow the doors off their "big scam"   I always wonder what it would be like to just jump in make claims about crap I obviously didn't understand. Imagine being so dumb that you actually think you know what you're talking about. Wow. It would be like me walking into the middle of a major surgery and yelling that that patient needs more CCs of Vicks vapor rub on their balls or something - you'd have to be insane. So basically I'm saying you're insane. Bye bye douchebag.

I mined here, received only half of what it should be according to current difficulty and my hashrate. So the fee is actually 51%.

My bad! I always encrypt my wallets and only allow LAN IPs but still good points. No sense half-assing an important password. On most of my wallets I don't even have an rpcuser/pass since I never solomine.

IMO craptsy needs to die. I've been personally burned by them 3 times, and after every time i say "never again", and i never seem to learn. so a cursory google search for terms like: "cryptsy, terrible, awful, horrible, scam, etc."

in short, i'm %99 sure that after all my own experiences and the stories i've heard from several personal friends, and well, everyone else on the internet, is that cryptsy operate on a factional reserve system, aka how mt gox was doing things. they trade volumes of coins that they don't actually posess. and when you deposit to their wallets, often you're literally just making up for their own gambled losses.

3 times i've deposited a coin to have it just dissapear, well not dissapear, it's still "there" but i can't withdraw it. i try for over a week, all support says is "sorry". they "aren't sure how this happened" I know goddamn well how it happened, fractional reserve bullshit banking is how.

the only thing i could "do" with my coins is trade them on cryptsy for BTC, which i was still able to withdraw. even though cryptsy was giving me the shittiest exchange rate for that particular coin at the time. i've lost thousands of dollars through that site. never again. never again.

and for the record i have no vested interest in seeing a different site become the main exchange for octo, i just do not wanna see this coin screwed by the liquidity issues that go hand-in-hand with cryptsy. it often takes 24-48 hours for your deposits to even show up, this is "normal". octo's plans said that for them to deploy their masterplans, they require "liquidity". cryptsy provedies the exact opposite. frustration, frozen assets, and lost revenue.

<--- infinity coin, digitalcoin, and leafcoin. all frozen at crucial trading times. 2 of those 3 were frozen for over a week before i just buckled and traded for BTC, after losing potential thousands on the "ACTUAL" free market.

never again.

Doubt anyone's ever described that coin that way. Funny. Also curious about the actual question of cryptsy v. Mintpal.

Ha! I went on a voting spree a week ago and got carried away with my Cryptsy points voting for 888. And then Cryptsty points doubled in value.  Terrible timing, but maybe someday we'll get listed there. Although I must say, I am liking Bittrex more and more everyday. Site is pretty slick and the support is great. Plus it's based in Seattle, so I'm biased.

While I'm not proud of our company on the MintPal voting list it's nice to know we are at least passing them up! Slow and steady wins the race every time. Hey Octo dev(s), question: any reason you guys would prefer to be listed on MintPal before Cryptsy? I understand preferring to be listed on MintPal but 888 will surely be trading at both eventually anyway. It would be pretty easy to get picked up at Cryptsy. I mean we're doing fine on voting - nice and steady - but we're still 1,000 votes behind BeeCoin for Christ's sake. Then you have cowboys like "Stability Shares" shooting up the list with purchased votes. I'm not looking to unload or anything in fact I've been buying since the new client hit but it would be nice to get a bit more exposure and trade somewhere with higher volume. I dunno just curious. Seems you guys always have a reason for everything so I'm sure there is a good reason but if there isn't I'd be willing to buy a few votes with my Cryptsy Points.

Good to see things running again. 

And we just passed Rambocoin for voting on Mintpal. We're slowly moving on up!

Correct - our OctoCoin pool is back online. The issue was stratum-related and surprisingly early data appears to show it had nothing to do with the new 1.8 client. It seems a bit coincidental considering our OctoCoin pool has had 100% uptime over the past 50 days. In any case we will keep our eye on things while we continue to investigate. We plan to upgrade our stratum servers in the near future regardless so perhaps we will have to move the goal posts closer on that. Apologize for the inconvenience and hopefully everybody had a backup pool set! So feel free to hop back in and thank you again for mining at FusionHash!

heh, edric's pool is finding bonus blocks ^_^

i'm gonna stay here for a little while, gotta give all the proper pools my love

moved my 6MH there, just had a 280x die on me, not sure the deal, RMA won't be back until the bonus blocks are long gone, err the 188 blocks. booo.

had another 280x gigabyte windforce's 3rd fan seize up too, wondering if i can just swap it out with any generic 75mm fan, aslong as it's pwm...

And FusionHash is back online...

what happens to the existing coins after the fork.  will price go up or down?

yeah and it looks like it's just octo... i checked anoncoin on fusion and you could still mine it. i'm sure murraycoin and megacoin are prolly good as well.

i'm at edric's octo.

Edric's pool is still up. Its showing someone mining at 168MH! 

only fusionhash is down i think.

the net hashrate is still showing as 156.97 MH/s.

hmmmm.

What makes you think that's the explanation?

Looks like the whole network is down. Early fork?

@Jester and Megaman

Thank you, if you leave me your octo addresses I'd be happy to give you both some.

my mining rig just paged down on my cell. it appears FusionHash is down. it shows zero workers.