[ANN] Iridium (IRD) - People are Power - Community build crypto - page 83.

lexphor

newbie

Activity: 22

Merit: 0

Quote from: nanona on November 04, 2017, 02:45:55 AM

The front-end of the mine77 pool is alive again (was stalled for 24 hours). Payouts have resumed as well. The pool itself was apparently running all the time, as previously suspected. Good thing is that hash power is now shared kind of 50/50 between mine77 and irdpool. I'd happily move some workers to the third pool (ird.uvac) as well once it allows fixed share diffculty setting. The other two pools have this feature, even though it is undocumented on their "getting started" pages.

Allow me to pick your brains a bit.
How exactly so you go about calculating the optimum fixed difficulty for your hash?
Thanks in advance.

Mr.GottaGo

member

Activity: 74

Merit: 10

Quote from: oblemay on November 03, 2017, 06:44:37 AM

Pending Balance: 0.00000000 IRD after 30 minutes mining in ird.uvac.fr Huh

it's weird no ?

Nope its slower lower hash rate on the pool but once a block is found which is around every 2.5 - 3.5 hours the reward of 85IRD atm is split betwen the 6 miners there

Like I sad thats the most profitiable pool for me

2 blocks found wait for them to get confirmed

u will get ur ird then Tongue

Kaking

full member

Activity: 153

Merit: 100

I'm still mining this coin although new dev has took over this project. Now I wait it list on the exchange Cool

nanona

full member

Activity: 307

Merit: 101

The front-end of the mine77 pool is alive again (was stalled for 24 hours). Payouts have resumed as well. The pool itself was apparently running all the time, as previously suspected. Good thing is that hash power is now shared kind of 50/50 between mine77 and irdpool. I'd happily move some workers to the third pool (ird.uvac) as well once it allows fixed share diffculty setting. The other two pools have this feature, even though it is undocumented on their "getting started" pages.

nanona

full member

Activity: 307

Merit: 101

Quote from: elsehalo on November 03, 2017, 06:47:51 PM

Where will your tokens trade?

And another bot account with mindless automated messages:

elsehalo
https://bitcointalksearch.org/user/elsehalo-1264415

Quote from: elsehalo on November 02, 2017, 09:42:12 PM

Need Spanish translation?

Quote from: elsehalo on October 31, 2017, 02:32:03 PM

Need Chinese translation

Yeah, I am sure you can do Swahili as well. Brave new AI world coming!

calculatorhe

newbie

Activity: 21

Merit: 0

Project is really interesting and such amazing idea. It seems that blockchain will be used heavily.

robinsbrown

full member

Activity: 574

Merit: 101

Quote from: Chocolatte on November 03, 2017, 05:30:44 PM

where is dev?

Dev i am sure will come soon don't forget just started the weekend , many people are with family! I got a problem to synchronize my wallet where could i get some extra node please?

elsehalo

newbie

Activity: 10

Merit: 0

Where will your tokens trade?

Chocolatte

full member

Activity: 182

Merit: 100

Citius, altius, fortius

where is dev?

Mr.GottaGo

member

Activity: 74

Merit: 10

Quote from: nanona on November 03, 2017, 11:27:54 AM

Quote from: stevebrush on November 03, 2017, 10:29:19 AM

ok, can you point me to (cryptonote) pools running like this ?

I'm not aware of any doing it that way.

Quote from: BobTrade on November 03, 2017, 10:28:51 AM

Quote from: ?? on ??

How will be the money, collected during the ICO be spent?

do we have an ICO?

Fake bot accounts created by mindless idiots, posting random short messages to "mature" them. The older and higher the rank, the higher the price tag later.

appletongs:
https://bitcointalksearch.org/user/appletongs-1266133

nuthatchbold:
https://bitcointalksearch.org/user/nuthatchbold-1268746

I guess ICO scammers buy them by the dozens to create replies, keeping their thread on the first page and make it look like everyone wants to buy their garbage tokens.

Not surprised Ive seen good projects get spammed from time to time to creat fud exactly from this kind of accounts smh .. Undecided

nanona

full member

Activity: 307

Merit: 101

Quote from: stevebrush on November 03, 2017, 10:29:19 AM

ok, can you point me to (cryptonote) pools running like this ?

I'm not aware of any doing it that way.

Quote from: BobTrade on November 03, 2017, 10:28:51 AM

Quote from: ?? on ??

How will be the money, collected during the ICO be spent?

do we have an ICO?

Fake bot accounts created by mindless idiots, posting random short messages to "mature" them. The older and higher the rank, the higher the price tag later.

appletongs:
https://bitcointalksearch.org/user/appletongs-1266133

nuthatchbold:
https://bitcointalksearch.org/user/nuthatchbold-1268746

I guess ICO scammers buy them by the dozens to create replies, keeping their thread on the first page and make it look like everyone wants to buy their garbage tokens.

stevebrush

member

Activity: 361

Merit: 11

Iridium (IRD) dev

Quote from: nanona on November 03, 2017, 08:56:16 AM

Yes, the real pending balance, which is the balance which is not matured yet. What is now labeled as "pending balance" is in fact the pending payment, i.e. the matured balance which isn't paid out yet.

Pending balance --> Matured balance (or just balance) --> Paid balance

This is the logical sequence of events.

Indeed sometimes part of a pending balance does not mature when a block gets orphaned. This is not a problem and it happens very rarely.

Most confusion and questions (like the one a few posts above) on these threads arise from the problem described above, from the not shown pending balance. Other types of pools like MPOS do show the pending=unmatured balance immediately after a block was found. They however do check right away if a block was orphaned. The cryptonote pool checks only when each particular block is supposed to mature, in this case 20 blocks later. Anyway, orphaned blocks are no problem at all as the pending balance simply would get updated or by not having their rewards mature once they are identified (no matter when).

ok, can you point me to (cryptonote) pools running like this ?

BobTrade

full member

Activity: 462

Merit: 103

Quote from: ?? on ??

How will be the money, collected during the ICO be spent?

do we have an ICO?

nuthatchbold

newbie

Activity: 47

Merit: 0

what will happen if soft cap is not reached?

nanona

full member

Activity: 307

Merit: 101

Quote from: stevebrush on November 03, 2017, 08:29:36 AM

there can't be gain until a block is found. so balance stay at 0.
Do you mean the pool should show the "pending" rewards in miners balance ?
but what if a block is orphaned after maturity ?

Yes, the real pending balance, which is the balance which is not matured yet. What is now labeled as "pending balance" is in fact the pending payment, i.e. the matured balance which isn't paid out yet.

Pending balance --> Matured balance (or just balance) --> Paid balance

This is the logical sequence of events.

Indeed sometimes part of a pending balance does not mature when a block gets orphaned. This is not a problem and it happens very rarely.

Most confusion and questions (like the one a few posts above) on these threads arise from the problem described above, from the not shown pending balance. Other types of pools like MPOS do show the pending=unmatured balance immediately after a block was found. They however do check right away if a block was orphaned. The cryptonote pool checks only when each particular block is supposed to mature, in this case 20 blocks later. Anyway, orphaned blocks are no problem at all as the pending balance simply would get updated or by not having their rewards mature once they are identified (no matter when).

stevebrush

member

Activity: 361

Merit: 11

Iridium (IRD) dev

Quote from: nanona on November 03, 2017, 08:16:11 AM

Quote from: stevebrush on November 03, 2017, 08:01:02 AM

- one block is found : block reward is pending...

Admittedly this type of cryptonote pool is confusing for someone who hasn't used it previously, because it does not display the pending earnings. Hence new people are not sure if their workers work properly or just heating the room.
It's a mystery why something as simple as displaying the pending balance wasn't added. But then it is also a mystery why the luck over 24h, one week, one month and total isn't shown. Well, I can think of a reason but that isn't a legit one... (not referring to your pool but these nontransparent cryptonote pools in general and I have certainly seen some pools with other such coins where the overall miserable "luck" of the pool clearly indicates ghost workers and earnings syphoning at play).

there can't be gain until a block is found. so balance stay at 0.
Do you mean the pool should show the "pending" rewards in miners balance ?
but what if a block is orphaned after maturity ?

for the overall luck and transparencies : You're right.
As I have nothing to hide, I will implement this sort of stats.

by the way : here is the pool stats :

Code:

Total Paid : 16518.72000000
Total Mined : 16622.38056955
Profit (before tx fees) : 44.77929970
Average Luck : -7%
Orphan Percent : 0.52
Registered Addresses :26

nanona

full member

Activity: 307

Merit: 101

Quote from: stevebrush on November 03, 2017, 08:01:02 AM

- one block is found : block reward is pending...

Admittedly this type of cryptonote pool is confusing for someone who hasn't used it previously, because it does not display the pending earnings. Hence new people are not sure if their workers work properly or just heating the room.
It's a mystery why something as simple as displaying the pending balance wasn't added. But then it is also a mystery why the luck over 24h, one week, one month and total isn't shown. Well, I can think of a reason but that isn't a legit one... (not referring to your pool but these nontransparent cryptonote pools in general and I have certainly seen some pools with other such coins where the overall miserable "luck" of the pool clearly indicates ghost workers and earnings syphoning at play).

EDIT: What is called and shown as "pending balance" by this type of pool is actually the pending payment. The pending balance, i.e. the not matured balance is not shown.

stevebrush

member

Activity: 361

Merit: 11

Iridium (IRD) dev

Quote from: nanona on November 03, 2017, 06:55:32 AM

Quote from: oblemay on November 03, 2017, 06:44:37 AM

Pending Balance: 0.00000000 IRD after 30 minutes mining in ird.uvac.fr Huh

it's weird no ?

No, it isn't. That pools hasn't found a block since more than half an hour, so there is nothing to be paid out to begin with. And anyway the maturity period is 20 blocks, i.e. around 1h when blocks come in at nominal rate.

Yes, I should write something about how the pool works on the frontend...

Here is the principe in order :

- miners spread hash power
- one block is found : block reward is pending...
- 20 confirmations later, the reward is confirmed (This is the maturity on the pool blocks page).
- balances are updated between miners proportionally to their number of shares
- the paiements are send if miner balance is over 10IRD

so manna, your balance will be updated soon :-)

nanona

full member

Activity: 307

Merit: 101

Quote from: Biitcoin on November 03, 2017, 07:36:34 AM

Many people say that you can not earn a solo. It is better to join forces!

That's contrary to the entire concept of a decentralized ledger, i.e. blockchain.

One pool having 90%+ of the network means total centralization and the consensus at the mercy of one pool operator.
It would be good if hashrate was spread over all three pools. But for this all pools must perform equally well and offer similar basic features.
When I clone my config file used for mine77 to the other pools, then switch some workers and can't connect because the other pool doesn't support a vital feature, that's bad. Happy to hear that the uvac pool is working on it though!

Biitcoin

sr. member

Activity: 353

Merit: 250

Zichain

Many people say that you can not earn a solo. It is better to join forces!

Topic: [ANN] Iridium (IRD) - People are Power - Community build crypto - page 83. (Read 149779 times)