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Topic: [ANN] Catcoin - Scrypt meow! - page 116. (Read 470764 times)

full member
Activity: 210
Merit: 100
January 04, 2014, 07:47:53 AM
#cat-pool - http://catpool.co - is being closed, due to low poolrate, and nethashrate dropping - please withdraw your coins by Friday 10pm UTC 3rd Jan

Well it's past that now. Also they seem aware of the fork.. are they still shutting down or what? Not that I particularly care myself, I'll probably stick with Poolerino.
full member
Activity: 213
Merit: 100
January 04, 2014, 07:18:53 AM
Question to all the pools

When the network hits block 20290 are you going to stop on the block your working on and restart on the new block 20290+ with the easier difficulty or carry on for hours on the old block

Thanks

The way all the cryptocurrencies work, when a block has been solved, all the nodes receive notification they need to drop work, and start working on the new block. This should apply equally in this case.
member
Activity: 107
Merit: 10
January 04, 2014, 07:14:56 AM
Question to all the pools

When the network hits block 20290 are you going to stop on the block your working on and restart on the new block 20290+ with the easier difficulty or carry on for hours on the old block

Thanks
full member
Activity: 217
Merit: 100
January 04, 2014, 06:56:00 AM
Welcome to CATPOOL.in

We are ready for block 20290 hard-fork patch!

PPLNS, 0% fee, low minimum for automatic payments & quick confirmations...

  • Our pool have no fees!
  • Automated minimum payouts - 1 CAT!
  • Only 60 network confirmations to get balance! (will be applied after block 20290)
  • PPLNS payout system.
  • Our server are located in Germany.
  • We get automated backups of our system.
  • You can get automatic payments if you like to.
  • We are quickly processing your transactions.
  • The pool is stratum powered.

We need everyone miners with any hashes! We need you! Register now!
member
Activity: 109
Merit: 10
January 04, 2014, 06:33:51 AM
Probably the same as always - removing market for few hours and deleting orders.
full member
Activity: 182
Merit: 100
January 04, 2014, 06:26:05 AM
Cryptsy sent me message that they are aware.
So what are they going to do?
member
Activity: 109
Merit: 10
January 04, 2014, 06:14:25 AM
Cryptsy sent me message that they are aware.
full member
Activity: 462
Merit: 100
“Crypto Depository Receipts”
January 04, 2014, 05:35:22 AM
Anything new from cryptsy? Are the coins safe there or should I pay out?
sr. member
Activity: 378
Merit: 250
January 04, 2014, 05:29:47 AM
Sorry should have read the OP Smiley I am happy with the fork.
member
Activity: 84
Merit: 10
January 04, 2014, 05:24:39 AM
diff will drop, rewards (50CAT per block) will stay the same
sr. member
Activity: 378
Merit: 250
January 04, 2014, 05:21:04 AM
Does anyone knows what will happen to the diff / block rewards? Will it stay the same or will it be adjusted?
member
Activity: 84
Merit: 10
January 04, 2014, 04:56:45 AM


.:: Applied the block 20290 hard-fork patch. We are ready! ::.

Quick Start

Start with registering on our pool & creating workers for your computers. You can use our automated config generator in our workers page and download pre-configured files for your mining software.

EU Stratum Server: stratum+tcp://eu.coinum.org:3336
US Stratum Server: stratum+tcp://us.coinum.org:3336

CGMiner Configuration

Here is sample CGMiner configurations with fail-over support. Given that the stratum server you use fails, your miner software will continue to work with out other stratum server.
Note: You have to change WORKER and PASS with your actual worker-name and worker-password values you get from workers page.

EU
Code:
./cgminer -o stratum+tcp://eu.coinium.org:3336 -u WORKER -p PASS --failover-only -o stratum+tcp://us.coinium.org:3336 -u WORKER -p PASS --scrypt -I 13

US
Code:
./cgminer -o stratum+tcp://us.coinium.org:3336 -u WORKER -p PASS --failover-only -o stratum+tcp://eu.coinium.org:3336 -u WORKER -p PASS --scrypt -I 13

  • Our network - We already operate first class & high performance pools, check our other pools over http://www.coinium.org
  • %0 fee - Our network have no fees! We just kindly ask you to donate if you like to.
  • Stratum servers - We have stratum servers in Europe and  United States. Right now we have a total of 4 servers (2 stratum server, 1 webserver and 1 database server) and we are quickly upgrading & adding new servers to stack when we need to.
  • Fail-over config support - In case that the stratum server you use fails, your miner will just continue to mine with our secondary stratum server.
  • DDOS Protected - Our servers are DDOS protected 7x24!
  • Automated backups - We get automated backups of our system.
  • Automatic payments - You can set automatic payments if you like to.
  • Fast confirmations - We are quickly processing your transactions once newly found blocks are confirmed.
  • Automatic config generator - Check our workers page to automatically download a generated configuration file for your workers with fail-over support!
  • Continous support - We are eager to help our users! You can ask for support in our forum topic.
  • IRC support - We have operators in our IRC channel and you can chit-chat about mining too.
  • Mobile friendly - We have mobile friendly user interface so you can check your miner's status from your mobile devices
  • Contests - We are regularly creating contests and giving bonus coins to our miners!
member
Activity: 98
Merit: 10
January 04, 2014, 04:49:58 AM
12 blocks to go
member
Activity: 69
Merit: 10
January 04, 2014, 04:44:29 AM



http://teamcatcoin.com updated to newest catcoind version!

Everyone searching for a pool is welcome. Every blockfinder gets 9 cat bonus!


full member
Activity: 126
Merit: 100
January 04, 2014, 04:43:33 AM
https://github.com/kR105/catcoin/commit/cedd0a0f2765968417825255d3f54f82a0b74cbc

Here's the commit for those that want to review the code changes.

This looks fine to our pool, updated to this version. We welcome the fork.
http://catpool.pw
Come mine with us so we can reach block 20290 faster!



<<@catpoolbot>> BLOCK FOUND: 20276 | 1536190 shares | Amount: 50 | Found By SeriousSam

14 blocks to go until fork, come join us so we can get these faster!

12 blocks until fork, lets get there quicker. Join us over at http://catpool.pw ~
full member
Activity: 168
Merit: 100
January 04, 2014, 04:26:07 AM
Quote
You're missing the point. Your system is complicated. People need simple. KISS.

Sure. You buy video cards, install drivers, download the wallet, cgminer, set your mining gear to solo-mine or join a pool. I don't know how "simple" this procedure is for the average people out there in the world - but if they criticize it's too complicated, that applies equally to all the cryptocurrencies. And that might be an opportunity to make an easier way to do it.

As for details of how block rewards work, as a user, you really don't need to know anything about how it works. You follow well-documented procedures to do mining, and you get rewarded for your contribution, other people have vetted it's fair, you'll get fair value in coins for hashing work you contribute - you don't need to worry about the details.

However, if you are interested in squeezing out maximum profits, and want to get technical, then yeah, things can seem more complicated. But at that point, you've asked for the complexity. The loyalty credit system may seem complicated, but it's a designed to counteract people who are already engaged in a complicated strategy to take advantage of a weakness in the reward system as it works currently. It will have essentially zero impact on people who don't engage in that complicated strategy.


+1
member
Activity: 70
Merit: 10
January 04, 2014, 04:15:39 AM
Do we have a compiled windows wallet?

It's in the OP.
member
Activity: 98
Merit: 10
January 04, 2014, 04:13:43 AM
I think there is more hashing power heading Catcoins way now along with a bit more confidence, i would expect to see the net hash rate to increase as the day goes on. Hopefully anyway.
full member
Activity: 182
Merit: 100
January 04, 2014, 04:11:54 AM
Do we have a compiled windows wallet?
full member
Activity: 213
Merit: 100
January 04, 2014, 03:51:13 AM
Quote
Miners are not moving around together as a group, their distribution and unpredictability make your method nearly impossible to implement in a reasonable amount of code. Please demonstrate how you'd accomplish this in a reasonable and uncomplicated way?

We'd simply insert a call to a function or a method right before the block reward amount to recognize for a particular block solution is finalized (this would be done by all the nodes), to check if the reward amount should be halved for this particular block solution reward or not. If not, the program executes the same as before. If it comes back yes, then divide the block reward by 2 but other than that, the program continues executing the same as before. Now, what would this function do? First, it would check if the extraordinary conditions exist (e.g. the current difficulty is more than 50% easier than the last difficulty). Extraordinary conditions would not come up too often, and if it hasn't, it would return false (difficulty fluctuation is normal, we don't need to engage the compensating mechanism). Now, if we detect the extraordinary circumstance, then we'd step back through the blockchain to count the number of block solution awards generated and credited to the same address during the last, higher difficulty phase (call it lastPeriodCount), and in the current, easier difficulty phase (currentPeriodCount). If lastPeriodCount < thisPeriodCount, then return true (cut reward in half). Otherwise, return false (don't cut in half).That's the full extent of the complexity of what I am proposing in terms of what the code would need to do at the coin network level - maybe 30-50 lines of code (if that). Pools would then factor this into how to distribute coins to miners. Showing that this mechanism is in operation in the pool and wallet UI is optional. I believe this is so powerful that it will become implemented by all the altcoins (and even Bitcoin itself) sooner or later, and will end the era of jumping coins minute-by-minute to try to maximize profits. It eliminates the need to keep changing around difficulty adjustment parameters to try to outfox the minute-by-minute coin hoppers - their paradigm is permanently defeated. After this change, long-term incentives would match up with short-term profit maximization. Both would agree that the correct strategy is to switch coins no more often than every few weeks or months, based on reassessing the various coins' long-term positioning and potentials, and the primary strategy would be to mine-and-hold, rather than mine-and-dump-on-the-exchanges. This is bringing back the original dynamic of Bitcoin miners, before there was any such thing as an altcoin. With this dynamic, market capitalization of cryptocurrencies can then truly "go to the moon," and we'd just be duplicating what was successful before.







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