is solo mining still profitable at 350Khash?
Got two confirmed blocks at 73k in a little over 2 hours - but then I may have been lucky.
Topic: [ANN] a new coin based on Litecoin - CHNCoin - page 66. (Read 181173 times)
Got two confirmed blocks at 73k in a little over 2 hours - but then I may have been lucky.
Allright, thats it. I will try to create a pool for us, just made some space on my server where I normally host my websites and upgraded it ($55) to handle more requests and in/outcoming speed. If anyone wants to send a donation for my effort you can send your cnh here: CQJ22rWWio91p1rAKFu9yM2LCsY4nkKotZ
Ltc and Ftc adresses in my sig
I ll start working on the server now and I hope its up as soon as possible!!
I"ll keep you guys updated
Ltc and Ftc adresses in my sig
I ll start working on the server now and I hope its up as soon as possible!!
I"ll keep you guys updated
Nevermind, I see the first post lists the block time as 60 seconds, so I assume the crazy 2 second blocks will slow down when the diff re-adjusts?
yeah but will that even help with all the rejected finds?
are there any pools yet for this? where did bob go? is that pool coming back? anyone heard?
no pool yet
is solo mining still profitable at 350Khash?
any starting coins are appreciated: CYz3DqrhtV1v82tfR9ePgpJZPAiQSSQwf1
thanks!
any starting coins are appreciated: CYz3DqrhtV1v82tfR9ePgpJZPAiQSSQwf1
thanks!
Any working pool? I can't solo mine, only pool mine.
Got 3 accepted - 4 orphaned
So many beggars in this thread >.>
Nevermind, I see the first post lists the block time as 60 seconds, so I assume the crazy 2 second blocks will slow down when the diff re-adjusts?
Thanks! I'll have a try.
server=1
rpcuser=1
rpcpassword=1
rpcallowip=127.0.0.1
rpcport=8108
Got a 5870 and 5670 at work together here.
cgminer --scrypt -o 127.0.0.1:8108 -u 1 -p 1 --intensity 12,15 --worksize 256,256 --shaders 1600,400 --thread-concurrency 7168,1536 --lookup-gap 2 --fix-protocol -s 1 --expiry 1 --queue 0
Would you mind what's the setup in .conf file and the command for cgminer?
Somehow I've been rejected while I do solo mining
Conf:Somehow I've been rejected while I do solo mining
Been solo mining for about an hour with ~430kh/s and found 7 good blocks 
server=1
rpcuser=1
rpcpassword=1
rpcallowip=127.0.0.1
rpcport=8108
Got a 5870 and 5670 at work together here.
cgminer --scrypt -o 127.0.0.1:8108 -u 1 -p 1 --intensity 12,15 --worksize 256,256 --shaders 1600,400 --thread-concurrency 7168,1536 --lookup-gap 2 --fix-protocol -s 1 --expiry 1 --queue 0
I mined overnight with a couple 5830's. Hundreds of stale blocks, dozens of orphaned blocks, ...
Maybe this coin should have been called COCK: Chinese Orphan Coin Keep.
62 accepted 11 payments received 51 operan
So one in 6? Well, I keep mining if I get that ratio then.
How do you find latency anyway?
EDIT: Wow, another done. Two successive accepts confirmed - getting lucky.
1 coin on the experiences please
CN7FqKqpeUgqXgckRNedTAAMzbq9tCnZpG
CN7FqKqpeUgqXgckRNedTAAMzbq9tCnZpG
Any giveaways please?
CJkWCtJcdHj2Dt4JPQkAKSyGLZYkERt9zh
CJkWCtJcdHj2Dt4JPQkAKSyGLZYkERt9zh
62 accepted 11 payments received 51 operan
This is crap, I'm in NZ, eg I get 250ms ping to bitcoin.org. Mining from an hour after this was posted here, out of a few hundred, 27 are orphaned, with only 1 confirmed 88 payout, the rest were rejected, . It seems there is a block every 2 seconds!? If it was longer I would probably have 30k coins instead of 88.
With my high (!) latency I don't think there is anything I can do!
With my high (!) latency I don't think there is anything I can do!
250ms, pft. I get 300ms if I'm lucky. That means it's probably 600ms-1200ms wasted on return trips. We get the blocks late and submit our answers even later.
I'm somewhere close to Antarctica.
It's not the low difficulty that is the problem, that is corrected as soon as the difficulty changes, it's the insanely short block time. I get a new block every 2 seconds.
Once some big miners come on board, with low latency, they are going to make it pointless for small miners to even try (even through pools I assume, as it just increases the latency). It will also localize it to one country too, I'm guessing China has the bulk? Eg if most of the nodes are in China, then people in other countries have a massive disadvantage as the latency / small block time is a big disadvantage causing rejects and orphans. It encourages centralization over distributed hashing.
Once some big miners come on board, with low latency, they are going to make it pointless for small miners to even try (even through pools I assume, as it just increases the latency). It will also localize it to one country too, I'm guessing China has the bulk? Eg if most of the nodes are in China, then people in other countries have a massive disadvantage as the latency / small block time is a big disadvantage causing rejects and orphans. It encourages centralization over distributed hashing.
I mined overnight with a couple 5830's. Hundreds of stale blocks, dozens of orphaned blocks, and 4 blocks mined successfully.
Anyone starting a new blockchain with a low difficulty these days is a fool.
Anyone starting a new blockchain with a low difficulty these days is a fool.
I'm still not getting accepted or stales for that matter. 
After 1,5h only 17 stale/invalid. 
I am done, good luck.
I am done, good luck.
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