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Topic: [ANN] Catcoin - Scrypt meow! - page 93. (Read 470764 times)

hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
January 04, 2014, 11:30:01 PM
Did something happen with Poolerino? [...]
Does that mean I just wasted my mining power and electricity?

Yes, and yes.
I lost some coins there too before I switched to coinium. The pool went rogue and those blocks got orphaned later. When they detected this problem, the pool switched to "maintenance" mode for a while.


By the way. Does the current state on exchanges looks like there was an inflation? Grin

Ah and no, I believe Catcoin is currently at its all time low price, $0.42. Hopefully we can rise it soon.
hero member
Activity: 588
Merit: 500
January 04, 2014, 11:25:31 PM
Did something happen with Poolerino? [...]
Does that mean I just wasted my mining power and electricity?

Yes, and yes.
I lost some coins there too before I switched to coinium. The pool went rogue and those blocks got orphaned later. When they detected this problem, the pool switched to "maintenance" mode for a while.


By the way. Does the current state on exchanges looks like there was an inflation? Grin
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
January 04, 2014, 11:25:14 PM
Did something happen with Poolerino? I started mining at 1200 kh/s and went to sleep as soon as the fork happened. Now I woke up only to see that I've made only 5 coins in the previous 8 hours.
Does that mean I just wasted my mining power and electricity?  Sad Here's what one of their announcements say:
"WE ARE BACK! Sorry, but after the fork last night, we hade to remove the blocks, that we're mined in the forkchain, but we are back on the right chain rightnow, and hoping, that there will be no more forks after this! Happy Mining!"

When you are mining, whether solo or through a pool, you are always at risk of mining on a wrong fork. When you mine a block solution on a wrong fork, there is no coin generated because the blocks become orphaned, i.e., subsequent blocks on the right fork will not recognize them, i.e., will not recognize that any coins got created. So, it's not so much that you wasted mining power and electricity, as that you are always risking a certain percentage of the times blocks are found, they turn out not to be valid, and that's what appears to have happened in your case. But statistically, over the long-term, you should not suffer this anymore than anyone else, so you should consider it just an inherent risk of mining, not that you got singled out to take losses.

I mean, haven't they got the most hashrate among the network? It's their duty to make sure things work well, especially after all the trust we put into them.
sr. member
Activity: 252
Merit: 250
January 04, 2014, 11:18:38 PM
Did something happen with Poolerino? I started mining at 1200 kh/s and went to sleep as soon as the fork happened. Now I woke up only to see that I've made only 5 coins in the previous 8 hours.
Does that mean I just wasted my mining power and electricity?  Sad Here's what one of their announcements say:
"WE ARE BACK! Sorry, but after the fork last night, we hade to remove the blocks, that we're mined in the forkchain, but we are back on the right chain rightnow, and hoping, that there will be no more forks after this! Happy Mining!"
you missed a show and a wild ride
full member
Activity: 213
Merit: 100
January 04, 2014, 11:17:59 PM
Did something happen with Poolerino? I started mining at 1200 kh/s and went to sleep as soon as the fork happened. Now I woke up only to see that I've made only 5 coins in the previous 8 hours.
Does that mean I just wasted my mining power and electricity?  Sad Here's what one of their announcements say:
"WE ARE BACK! Sorry, but after the fork last night, we hade to remove the blocks, that we're mined in the forkchain, but we are back on the right chain rightnow, and hoping, that there will be no more forks after this! Happy Mining!"

When you are mining, whether solo or through a pool, you are always at risk of mining on a wrong fork. When you mine a block solution on a wrong fork, there is no coin generated because the blocks become orphaned, i.e., subsequent blocks on the right fork will not recognize them, i.e., will not recognize that any coins got created. So, it's not so much that you wasted mining power and electricity, as that you are always risking a certain percentage of the times blocks are found, they turn out not to be valid, and that's what appears to have happened in your case. But statistically, over the long-term, you should not suffer this anymore than anyone else, so you should consider it just an inherent risk of mining, not that you got singled out to take losses.
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
January 04, 2014, 11:12:34 PM
Did something happen with Poolerino? I started mining at 1200 kh/s and went to sleep as soon as the fork happened. Now I woke up only to see that I've made only 5 coins in the previous 8 hours.
Does that mean I just wasted my mining power and electricity?  Sad Here's what one of their announcements say:
"WE ARE BACK! Sorry, but after the fork last night, we hade to remove the blocks, that we're mined in the forkchain, but we are back on the right chain rightnow, and hoping, that there will be no more forks after this! Happy Mining!"
sr. member
Activity: 285
Merit: 251
January 04, 2014, 11:12:09 PM
Next diff retarget soon, this will put catcoin as interesting as lottocoin/dogecoin, which is good.
If it's too much profitable, diff will skyrocket again, but at this level, we should have a much more moderate increase, letting this coin be correctly profitable for some time. This can inspire confidence to investor and make its value increase slowly.
newbie
Activity: 29
Merit: 0
January 04, 2014, 11:10:23 PM
One thing I wasn't too happy about tonight was getting an email from http://www.catcoinforum.com/ to my registered email account urging me to switch to poolerino. I'm not sure what affiliation the forum owner has with that pool, but considering they were on the wrong fork, it probably didn't help matters.

Anyway. Bed time. Ciao.
Today's fail might have happened because Catcoinforum sent that email -- it definitely played its role in causing Poolerino to have >=51% network hash. Why is the forum choosing only one pool anyway? Did they pay him?

I don't know, but I'm not happy with the way the owner seems to "speak" for the community on more than one occasion in this thread. It's fantastic he's got a forum for Catcoin, and much respect to him for maintaining it and running it, but this is more or less an ad-hoc democracy. There's no hierarchy.

He announced in this thread when we were debating the fork a thread on his forum on whether or not the coin should fork. As far as I'm concerned this thread is the official thread, and any decisions about Catcoin's development should be made here. It's bad enough as it is in here sometimes when there's a panic on. We need coordination. Not discord. If he can help coordinate efforts, that would be great, but there can't be several people making rogue decisions that could cause even more confusion. It gets messy and it harms Catcoin.

Anyway, I really must go now. See ya.  Smiley
He also asks for donations in almost every post. I'm getting more and more uncertain whether he should have the responsibility for managing (what should be) a great Catcoin community.

Go sleep, good night! Smiley

I asked him about the poolerino plug and he said he is advertising them because they were the first to lower the confirmations.
member
Activity: 112
Merit: 10
January 04, 2014, 11:01:17 PM
One thing I wasn't too happy about tonight was getting an email from http://www.catcoinforum.com/ to my registered email account urging me to switch to poolerino. I'm not sure what affiliation the forum owner has with that pool, but considering they were on the wrong fork, it probably didn't help matters.

Anyway. Bed time. Ciao.
Today's fail might have happened because Catcoinforum sent that email -- it definitely played its role in causing Poolerino to have >=51% network hash. Why is the forum choosing only one pool anyway? Did they pay him?

I don't know, but I'm not happy with the way the owner seems to "speak" for the community on more than one occasion in this thread. It's fantastic he's got a forum for Catcoin, and much respect to him for maintaining it and running it, but this is more or less an ad-hoc democracy. There's no hierarchy.

He announced in this thread when we were debating the fork a thread on his forum on whether or not the coin should fork. As far as I'm concerned this thread is the official thread, and any decisions about Catcoin's development should be made here. It's bad enough as it is in here sometimes when there's a panic on. We need coordination. Not discord. If he can help coordinate efforts, that would be great, but there can't be several people making rogue decisions that could cause even more confusion. It gets messy and it harms Catcoin.

Anyway, I really must go now. See ya.  Smiley
He also asks for donations in almost every post. I'm getting more and more uncertain whether he should have the responsibility for managing (what should be) a great Catcoin community.

Go sleep, good night! Smiley
hero member
Activity: 532
Merit: 500
January 04, 2014, 10:56:37 PM
One thing I wasn't too happy about tonight was getting an email from http://www.catcoinforum.com/ to my registered email account urging me to switch to poolerino. I'm not sure what affiliation the forum owner has with that pool, but considering they were on the wrong fork, it probably didn't help matters.

Anyway. Bed time. Ciao.
Today's fail might have happened because Catcoinforum sent that email -- it definitely played its role in causing Poolerino to have >=51% network hash. Why is the forum choosing only one pool anyway? Did they pay him?

I don't know, but I'm not happy with the way the owner seems to "speak" for the community on more than one occasion in this thread. It's fantastic he's got a forum for Catcoin, and much respect to him for maintaining it and running it, but this is more or less an ad-hoc democracy. There's no hierarchy.

He announced in this thread when we were debating the fork a thread on his forum on whether or not the coin should fork. As far as I'm concerned this thread is the official thread, and any decisions about Catcoin's development should be made here. It's bad enough as it is in here sometimes when there's a panic on. We need coordination. Not discord. If he can help coordinate efforts, that would be great, but there can't be several people making rogue decisions that could cause even more confusion. It gets messy and it harms Catcoin.

Anyway, I really must go now. See ya.  Smiley
member
Activity: 112
Merit: 10
January 04, 2014, 10:52:55 PM
One thing I wasn't too happy about tonight was getting an email from http://www.catcoinforum.com/ to my registered email account urging me to switch to poolerino. I'm not sure what affiliation the forum owner has with that pool, but considering they were on the wrong fork, it probably didn't help matters.

Anyway. Bed time. Ciao.
Today's fail might have happened because Catcoinforum sent that email -- it definitely played its role in causing Poolerino to have >=51% network hash. Why is the forum choosing only one pool anyway? Did they pay him?
hero member
Activity: 532
Merit: 500
January 04, 2014, 10:41:54 PM
I think coinwarz is showing correct value

Don't think so;

http://www.coinwarz.com/cryptocurrency/coins/catcoin

Still showing old difficulty. It should be higher up on the profitability list based on the difficulty. It's been there since before the fork.

Anyway, I'll be back online tomorrow. We got a working faucet and a raffle-style faucet made today. That's cool.

Coinedup - DONE
Cryptsy - DONE
Coinwarz - WAITING


So "Current Difficulty  60.1987" isn't the correct one?
It's correct. Coinwarz is correct too.

Ah, my bad. It's still showing the old Diff Adjustment. If it's showing the correct difficulty then that's fine.

One thing I wasn't too happy about tonight was getting an email from http://www.catcoinforum.com/ to my registered email account urging me to switch to poolerino. I'm not sure what affiliation the forum owner has with that pool, but considering they were on the wrong fork, it probably didn't help matters.

Anyway. Bed time. Ciao.
sr. member
Activity: 322
Merit: 250
January 04, 2014, 10:29:53 PM
So I slept through the fork everythin good ?

Except 1 hour of panic LOL


poolerino pool forked (unvolontary) the fork.. they had to close the pool and restart on correct blockchain.

People crying, girls gone wild, panic selling..

but everything is fixed now, hashrate and prices going up again!

Good thing I pointed my 6m to coinium before going to bed Smiley)
member
Activity: 112
Merit: 10
January 04, 2014, 10:28:17 PM
I think coinwarz is showing correct value

Don't think so;

http://www.coinwarz.com/cryptocurrency/coins/catcoin

Still showing old difficulty. It should be higher up on the profitability list based on the difficulty. It's been there since before the fork.

Anyway, I'll be back online tomorrow. We got a working faucet and a raffle-style faucet made today. That's cool.

Coinedup - DONE
Cryptsy - DONE
Coinwarz - WAITING


So "Current Difficulty  60.1987" isn't the correct one?
It's correct. Coinwarz is correct too.
member
Activity: 84
Merit: 10
January 04, 2014, 10:27:11 PM
I think coinwarz is showing correct value

Don't think so;

http://www.coinwarz.com/cryptocurrency/coins/catcoin

Still showing old difficulty. It should be higher up on the profitability list based on the difficulty. It's been there since before the fork.

Anyway, I'll be back online tomorrow. We got a working faucet and a raffle-style faucet made today. That's cool.

Coinedup - DONE
Cryptsy - DONE
Coinwarz - WAITING


So "Current Difficulty  60.1987" isn't the correct one?
member
Activity: 70
Merit: 10
January 04, 2014, 10:25:10 PM
So I slept through the fork everythin good ?

Except 1 hour of panic LOL

poolerino pool forked (unvolontary) the fork.. they had to close the pool and restart on correct blockchain.

People crying, girls gone wild, panic selling..

but everything is fixed now, hashrate and prices going up again!
hero member
Activity: 532
Merit: 500
January 04, 2014, 10:24:31 PM
I think coinwarz is showing correct value

Don't think so;

http://www.coinwarz.com/cryptocurrency/coins/catcoin

Still showing old difficulty. It should be higher up on the profitability list based on the difficulty. It's been there since before the fork.

Anyway, I'll be back online tomorrow. We got a working faucet and a raffle-style faucet made today. That's cool.

Coinedup - DONE
Cryptsy - DONE
Coinwarz - WAITING
sr. member
Activity: 322
Merit: 250
January 04, 2014, 10:19:30 PM
So I slept through the fork everythin good ?
member
Activity: 70
Merit: 10
January 04, 2014, 10:17:26 PM
Just a quick message before I pop off;



Quick chat with Coinedup. They've been made aware of tonight's drama.

Coinedup - DONE
Cryptsy - WAITING
Coinwarz - WAITING


If someone could let Cryptsy/Bitjohn know, though, that would be good. I get the feeling Coinwarz is the kind of site you need to nag, so by all means, nag away. Catcoin is quite profitable right now. Now is the time to be listed on Coinwarz. It still shows the old difficulty, though.

If we want Catcoin to go to Mars, we must make sure everyone's on the same page since the fork.

Happy Catcoining.

Cryptsy is fine, deposit/withdrawal working correctly.
member
Activity: 84
Merit: 10
January 04, 2014, 10:12:03 PM
I think coinwarz is showing correct value
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