Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1290. (Read 2509934 times)

Thanks for the explanation.

I have a better understanding of the workings of P2P now.

1 USD
edit: if all goes well

any prediction on price within the next 6-12 months?

It's a per rig deal. And unfortunately due to hash rate now being as high as 150-180 MH/s, you probably want 1.5-2 MH/s on a single rig to make it worth while. Right now pool DOA is pretty high as well (18-20%) because of all the connections coming from various places around the world (we actually now match the DOGE P2Pool DOA rate as an whole). This "stress test" shows essentially why I will be setting up more of these P2Pool nodes in other countries. Doing so will help the following two issues.

1) Needing so much hash power to have a decent acceptance rate on the pool (the more hash the node hash, the more hash you need)
2) Distance causing DOA rate issues as well

Even one of my own rigs that is mining at 700 kH/s is starting to have issues, so yes, more nodes in the future for better rates. If you have high DOA rates and your stats output just isn't what you're expecting, I suggest just mining elsewhere for now. I wasn't expecting the surge up to 200 MH/s today, but it's good to have an idea of what is ideal for one of these P2Pool nodes, and it seems like ~5-100MH/s and nearby works best. Last night when the pool was around 30 MH/s the total DOA rate was hovering at 6-7%. In the future you'll see stuff like "uswest.cryptoalts.com, useast.cryptoalts.com, eu.cryptoalts.com, ru.cryptoalts.com, aus.cryptoalts.com" and etc. Then as a failover you can choose the one closest to you and get the best rates possible. Plus the hash rate per node won't be so high, requiring less on your end as well.

I already have some volunteer P2P node operators in other countries. I just need to figure out an issue of why the automated script payout gets a 500 error to the wallet 75% of the time about halfway through the payouts (then requiring manual processing). Then once that is solved, more nodes can start being deployed.

I think they have a DDOS thing going on.

They are sod all use against hackers anyway. Having a handgun is like an extreme form of shouting at the tv by keeping your loot on a pc. All you can do is blow a massive hole in your monitor in frustration if it happens.

big misprint but that would be nice  

Thanks... just needed to clarify that because it also suggests that the minting reward could be paid wit transaction fees

will the price go back to 0.08 or was that a misprint?

no more pools available?? should i setup p2pool??

Can someone explain to me about the P2P pools.

I understand you need over 1Mh/s to make it worthwhile.

I switched from blackcoinpool to cryptoalts. I have 2.1Mh/s but was getting between 25 to 40% dead rate. Does the Mh/s have to be on each card or total combined for the miner?

I had a few disconnects for some time on each one also so I switched to another coin until I get home from work. Just can't take a chance of not mining any coin for the next 12 hours. I know about fail over bats, just couldn't take a chance with both pools working sporadically.

I have that total of 2.1Mh/s from 6 different cards. Also the cryptoalts takes a long time for me to find a share whereas blackcoinpool comes fast. I know they are mining different things and the difficulty are different on each pool.

Last thing is there an easy way to see what cryptoalts is mining?

Thanks.

they are "minted" by holding coins in your wallet.

He means that there will be 1% proof of stake for the lifetime of the coin, which means there is no set amount of coins that can be created. So in about 75 years the total count of this coin will be double what it is now. 150 years after that it will double again etc.

However this does not take into account destroyed coins or compounding interest.  

New coins are created by POS at a rate of 1% annually

DDOS

Looks like chancers to me

Would like to be selling BC at those prices right now

isnt something off or are my dislexia eyes seeing something I shouldnt

on cryptoalex :

Sell Orders
Price Per (BTC)   BC   Total (BTC)
0.00011890   143.00000000   0.01700270
0.00011999   99.90000000   0.01198700
0.00012000   10147.22497688   1.21766699
0.00020000   500.00000000   0.10000000


on mintpal

Sell Orders

PRICE (BTC)   BC   BTC
0.00007459   1.00000000   0.00007459
0.00007460   1.00000000   0.00007460
0.00007461   1.00000000   0.00007461
0.00007462   1.00000000   0.00007462
0.00007463   167.71042366   0.01251623

this here's what I am referring to:

up until I read that, you and I were on the same page.

Anybody else have any idea under what circumstances would new coins be created?

WTF is happening with cryptorush?  Some guy had 2 BTC worth for sell at 6000 sat and now its down for maintenance?

Hey guys, remember that you can trade your BlackCoins @ https://www.cryptoaltex.com/index.php?page=trade&market=4