[ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 367.

tersagun

sr. member

Activity: 280

Merit: 250

Quote from: jakiman on March 13, 2014, 08:13:52 AM

Quote from: tersagun on March 13, 2014, 08:01:34 AM

I still don't get the point why it is such a bad thing if a pool generates the majority.

Can someone please briefly describe to me? As long as everyone is getting their fair share, why is it a bad thing if everyone is at the same pool?

ONLY the ones mining at that 1 pool is getting a fair share.
Everyone mining at other pools are NOT getting a fair share.
When small pool finds a block, big pool snatches it away from them.

Also, when Nitro does get DDoS'ed and it goes down, someone reaps ALL the benefit during that time. (such as solo miners)

Can you please explain how the big pools affect smaller ones? Smaller miners tend to receive more "orphans" if so how come?

I'm a novice miner so probably it's very basic stuff but I do want to get the logic behind it.

Thank you!

jakiman

legendary

Activity: 1638

Merit: 1011

jakiman is back!

Quote from: tersagun on March 13, 2014, 08:01:34 AM

I still don't get the point why it is such a bad thing if a pool generates the majority.

Can someone please briefly describe to me? As long as everyone is getting their fair share, why is it a bad thing if everyone is at the same pool?

ONLY the ones mining at that 1 big pool is getting a fair share.
Everyone mining at other pools are NOT getting a fair share.
When small pool finds a block, big pool snatches it away from them.

Also, when Nitro does get DDoS'ed and it goes down, someone reaps ALL the benefit during that time. (such as solo miners)

tersagun

sr. member

Activity: 280

Merit: 250

I still don't get the point why it is such a bad thing if a pool generates the majority.

Can someone please briefly describe to me? As long as everyone is getting their fair share, why is it a bad thing if everyone is at the same pool?

noobyonekenobi

full member

Activity: 154

Merit: 100

500th page! Yey!

azerbaidjan

member

Activity: 98

Merit: 10

Quote from: Navyman47 on March 13, 2014, 06:50:43 AM

Quote from: Shizof on March 13, 2014, 04:41:45 AM

Quote from: azerbaidjan on March 13, 2014, 04:37:48 AM

Despite the fees increase to 3% on NITRO the number of miners has been overall stable as is hashrate currently.
I guess they should probably be thinking about raising it again. Or maybe they should advertise the fact that should the number of miners not decrease sufficiently by a given %age/day then would increase it by another % or so.

An alternative would also be to contact the first 10-15 miners of the pool who account for 20% of the total hashrate. Would be faster to setup a seaprate pool for them which would equilibrate chances for smaller players.

Well because of the orphans in other pools, 3% fee is still not close to making a difference. Mining in nitro is still more profitable so people don't leave.

Well, here is the math to prove your correct.

In the last 24 hours at Leet: 91 orphans / 644 blocks found * 100% = 14.1%

I don't think it takes a rocket scientist to see that 3% is not going to make people move.

Meanwhile I lost about 20 ultracoins just yesterday, trying to do the right thing. That's just one day of mining.

As you will see if you look too, there are many of us that are donating over at Leet, because we realize that Laterbreh can't run his servers for free.

Situation has gotten definitely CRITICAL: NITRO has roughly 10% MORE miners now than this morning.
I guess people realize they do not want to mine orphans and we're caught in a vicious circle now.

Desperate times call for desperate measures: can the NITRO fees be raised to 10-15% or big miners be integrated in a secondary pool asap?

The 15 biggest miners represent 140MH/s roughly, 25% of the total hashpower.
Assuming typical pareto distribution, including, say the 50 biggest miners in a secondary pool would probably cut down hashpower by 50%.
Is NITRO willing to try this?

noobyonekenobi

full member

Activity: 154

Merit: 100

Seefude

full member

Activity: 196

Merit: 100

We're all good at something, no1's good for nothin

If it makes you guys feel any better... I'm mining at Nitro, and it says I should be getting 60 coins a day.. but I've only been credited 7 in the last 12 hours.. is it just me?

Cryptoinn

full member

Activity: 190

Merit: 100

Im mining at Leet, and im very unhappy becouse of this Orphan rate. Can anyone explain why its happened, and what i suppose to do? I can switch pool, but i dont want to join biggest one.

longyenthanh

sr. member

Activity: 1221

Merit: 250

1hour mining at leespool : 1 rig got 5 utc. At nitro: 13 UTC Huh

Navyman47

member

Activity: 96

Merit: 10

Quote from: Shizof on March 13, 2014, 04:41:45 AM

Quote from: azerbaidjan on March 13, 2014, 04:37:48 AM

Despite the fees increase to 3% on NITRO the number of miners has been overall stable as is hashrate currently.
I guess they should probably be thinking about raising it again. Or maybe they should advertise the fact that should the number of miners not decrease sufficiently by a given %age/day then would increase it by another % or so.

An alternative would also be to contact the first 10-15 miners of the pool who account for 20% of the total hashrate. Would be faster to setup a seaprate pool for them which would equilibrate chances for smaller players.

Well because of the orphans in other pools, 3% fee is still not close to making a difference. Mining in nitro is still more profitable so people don't leave.

Well, here is the math to prove your correct.

In the last 24 hours at Leet: 91 orphans / 644 blocks found * 100% = 14.1%

I don't think it takes a rocket scientist to see that 3% is not going to make people move.

Meanwhile I lost about 20 ultracoins just yesterday, trying to do the right thing. That's just one day of mining.

As you will see if you look too, there are many of us that are donating over at Leet, because we realize that Laterbreh can't run his servers for free.

Mikebeav3r

full member

Activity: 210

Merit: 100

Quote from: pieterjanvh on March 13, 2014, 05:32:41 AM

Quote from: Mikebeav3r on March 13, 2014, 05:29:19 AM

Quote from: pieterjanvh on March 12, 2014, 07:27:02 PM

Quote from: bmgbmg on March 12, 2014, 07:22:15 PM

Is there any way to get the MAC wallet without signing up for speedyshare? Is this just a fuck you to Apple? I had the mac wallet awhile back, just need it again.

https://www.dropbox.com/s/bb48gqh5ufwo3g3/Ultracoin-Qt.app.zip

Glad to see my dropbox finally coming in handy

Anyone know if there is a download limit on standard accounts? If there is I will need to upgrade it, don't use it for anything else, so am happy to leave it up indefinitely.

Nah I don't think there's a download limit Wink

.
@Bumface please update the links on the OP.

then consider this a permanent DL link then, I will update it if / when a new Mac wallet is available

pieterjanvh

hero member

Activity: 668

Merit: 500

Quote from: Mikebeav3r on March 13, 2014, 05:29:19 AM

Quote from: pieterjanvh on March 12, 2014, 07:27:02 PM

Quote from: bmgbmg on March 12, 2014, 07:22:15 PM

Is there any way to get the MAC wallet without signing up for speedyshare? Is this just a fuck you to Apple? I had the mac wallet awhile back, just need it again.

https://www.dropbox.com/s/bb48gqh5ufwo3g3/Ultracoin-Qt.app.zip

Glad to see my dropbox finally coming in handy

Anyone know if there is a download limit on standard accounts? If there is I will need to upgrade it, don't use it for anything else, so am happy to leave it up indefinitely.

Nah I don't think there's a download limit Wink

.
@Bumface please update the links on the OP.

Mikebeav3r

full member

Activity: 210

Merit: 100

Quote from: pieterjanvh on March 12, 2014, 07:27:02 PM

Quote from: bmgbmg on March 12, 2014, 07:22:15 PM

Is there any way to get the MAC wallet without signing up for speedyshare? Is this just a fuck you to Apple? I had the mac wallet awhile back, just need it again.

https://www.dropbox.com/s/bb48gqh5ufwo3g3/Ultracoin-Qt.app.zip

Glad to see my dropbox finally coming in handy

Anyone know if there is a download limit on standard accounts? If there is I will need to upgrade it, don't use it for anything else, so am happy to leave it up indefinitely.

Rabbit80

full member

Activity: 120

Merit: 100

Quote from: ozkraut on March 13, 2014, 04:49:56 AM

Quote from: ozkraut on March 13, 2014, 04:14:59 AM

Quote from: playspel on March 13, 2014, 04:11:59 AM

Quote from: ozkraut on March 13, 2014, 04:08:37 AM

Hi guys,

been mining other alts for a while and now back on utc. Getting 82 kh with I = 11 and 1170 clock on R9 280X. Is this in the ballpark of what I can expect after n-factor changes ? Seems very slow and I am worried if I should stop due to not generating enough coins to justify even the power.....

Cheers

msi 280x 120kh

--scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 12 -g 2 --thread-concurrency 16384 -g 2 -I 12 -w 256 --lookup-gap 3 --gpu-powertune 20 --gpu-engine 1100 --gpu-memclock 1450 -T

Good luck..

cheers I'll try. Been running much lower TC getting good results before

Tried. Good. Getting 128kh with memclock 1500, gpu 1170. No HW errors so far. All other switches like your post.

Try this (assuming you have 8GB RAM): --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -g 1 --thread-concurrency 32768 -I 18 -w 256 --lookup-gap 2 --gpu-powertune 20 --gpu-engine 1100 --gpu-memclock 1450 -T

azerbaidjan

member

Activity: 98

Merit: 10

Quote from: Shizof on March 13, 2014, 04:41:45 AM

Quote from: azerbaidjan on March 13, 2014, 04:37:48 AM

Despite the fees increase to 3% on NITRO the number of miners has been overall stable as is hashrate currently.
I guess they should probably be thinking about raising it again. Or maybe they should advertise the fact that should the number of miners not decrease sufficiently by a given %age/day then would increase it by another % or so.

An alternative would also be to contact the first 10-15 miners of the pool who account for 20% of the total hashrate. Would be faster to setup a seaprate pool for them which would equilibrate chances for smaller players.

Well because of the orphans in other pools, 3% fee is still not close to making a difference. Mining in nitro is still more profitable so people don't leave.

Yes, fees somewhere between 20-30% should definitely make a difference, because that's more likely to be the actual orphan rate as far as I quickly saw through my transactions. This is becoming really really preoccupating...

ozkraut

sr. member

Activity: 522

Merit: 266

Quote from: ozkraut on March 13, 2014, 04:14:59 AM

Quote from: playspel on March 13, 2014, 04:11:59 AM

Quote from: ozkraut on March 13, 2014, 04:08:37 AM

Hi guys,

been mining other alts for a while and now back on utc. Getting 82 kh with I = 11 and 1170 clock on R9 280X. Is this in the ballpark of what I can expect after n-factor changes ? Seems very slow and I am worried if I should stop due to not generating enough coins to justify even the power.....

Cheers

msi 280x 120kh

--scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 12 -g 2 --thread-concurrency 16384 -g 2 -I 12 -w 256 --lookup-gap 3 --gpu-powertune 20 --gpu-engine 1100 --gpu-memclock 1450 -T

Good luck..

cheers I'll try. Been running much lower TC getting good results before

Tried. Good. Getting 128kh with memclock 1500, gpu 1170. No HW errors so far. All other switches like your post.

Miesling

newbie

Activity: 28

Merit: 0

Quote from: playspel on March 13, 2014, 04:11:59 AM

Quote from: ozkraut on March 13, 2014, 04:08:37 AM

Hi guys,

been mining other alts for a while and now back on utc. Getting 82 kh with I = 11 and 1170 clock on R9 280X. Is this in the ballpark of what I can expect after n-factor changes ? Seems very slow and I am worried if I should stop due to not generating enough coins to justify even the power.....

Cheers

msi 280x 120kh

--scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 12 -g 2 --thread-concurrency 16384 -g 2 -I 12 -w 256 --lookup-gap 3 --gpu-powertune 20 --gpu-engine 1100 --gpu-memclock 1450 -T

Good luck..

If u've enough memory u can set --lookup-gap 2, should get u to around 130-150kh/s

Shizof

member

Activity: 61

Merit: 10

Quote from: azerbaidjan on March 13, 2014, 04:37:48 AM

Despite the fees increase to 3% on NITRO the number of miners has been overall stable as is hashrate currently.
I guess they should probably be thinking about raising it again. Or maybe they should advertise the fact that should the number of miners not decrease sufficiently by a given %age/day then would increase it by another % or so.

An alternative would also be to contact the first 10-15 miners of the pool who account for 20% of the total hashrate. Would be faster to setup a seaprate pool for them which would equilibrate chances for smaller players.

Well because of the orphans in other pools, 3% fee is still not close to making a difference. Mining in nitro is still more profitable so people don't leave.

azerbaidjan

member

Activity: 98

Merit: 10

Despite the fees increase to 3% on NITRO the number of miners has been overall stable as is hashrate currently.
I guess they should probably be thinking about raising it again. Or maybe they should advertise the fact that should the number of miners not decrease sufficiently by a given %age/day then would increase it by another % or so.

An alternative would also be to contact the first 10-15 miners of the pool who account for 20% of the total hashrate. Would be faster to setup a separate pool for them which would equilibrate chances for smaller players.

ozkraut

sr. member

Activity: 522

Merit: 266

Quote from: playspel on March 13, 2014, 04:11:59 AM

Quote from: ozkraut on March 13, 2014, 04:08:37 AM

Hi guys,

been mining other alts for a while and now back on utc. Getting 82 kh with I = 11 and 1170 clock on R9 280X. Is this in the ballpark of what I can expect after n-factor changes ? Seems very slow and I am worried if I should stop due to not generating enough coins to justify even the power.....

Cheers

msi 280x 120kh

--scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 12 -g 2 --thread-concurrency 16384 -g 2 -I 12 -w 256 --lookup-gap 3 --gpu-powertune 20 --gpu-engine 1100 --gpu-memclock 1450 -T

Good luck..

cheers I'll try. Been running much lower TC getting good results before

Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 367. (Read 946659 times)