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Topic: [ANN] Mjollnircoin - MNR - Ultra-secure, Fast Transactions & ASIC resistant - page 30. (Read 80201 times)

full member
Activity: 168
Merit: 100
If either of you guys get one working do me a favor and PM details.
I'll then follow up with the couple of Exchanges asking for this info.

Thanks,
Carlo

PS @218 on Mintpal with 203 votes.
full member
Activity: 126
Merit: 100
Thanks for chiming in.  I forgot to mention that another reason I use 1GH and have done for many coins as one of my go to pools is because it just works and is trustworthy.  So if this is your pool, you have done a fine job - thanks for all your work.  It is appreciated by those of us who use it:)
Thank you, it is most rewarding to know people like our work!

But back on a track, is anyone working on a block explorer on the moment? If not, I am going to build one myself, but no earlier than in 6-7 days.

I am working on one, its a modified bitcoin-abe. I'll commit what I have to git once I get back home. Its not working completely yet and I'm not so versed in Python so help would be great!

sr. member
Activity: 462
Merit: 250
Thanks for chiming in.  I forgot to mention that another reason I use 1GH and have done for many coins as one of my go to pools is because it just works and is trustworthy.  So if this is your pool, you have done a fine job - thanks for all your work.  It is appreciated by those of us who use it:)
Thank you, it is most rewarding to know people like our work!

But back on a track, is anyone working on a block explorer on the moment? If not, I am going to build one myself, but no earlier than in 6-7 days.
full member
Activity: 168
Merit: 100
It is appreciated by those of us who use it:)

Which is everyone for good reason!  Grin
legendary
Activity: 952
Merit: 1000
I agree but only to a degree.  With an MPOS pool you do need to signup which takes all of 5 minutes. You need to add your wallet address for payment, then you need to create at least one worker process and set a password.
For example cayars.worker as the worker and mnrpassword as the password.

Once this is done it's really no different then using 1GH or any other anonymous pool. No harder to setup 100 machines vs 1.  Just use the same worker name (ie cayars.worker) and same password (ie mnrpassword) for each machine/rig.  Nothing says you have to setup a different worker process for every rig. But the option is there is you want to be able to monitor different machines and know if just one is down or performing poorly.

But yes I do get the fact that many people are too lazy to do this.  Shocked
You also need an email to register. And to remember the frigging pincode! And your account can still be hacked and your coins stolen.

However, it would be nice if some other anonymous pool picked up the coin. Not that the 'centralization' is a real concern for anyone: XPM, PTS are essentially mined at a single pool for months and months, still they have some nice value and adoption level.

Thanks for chiming in.  I forgot to mention that another reason I use 1GH and have done for many coins as one of my go to pools is because it just works and is trustworthy.  So if this is your pool, you have done a fine job - thanks for all your work.  It is appreciated by those of us who use it:)
sr. member
Activity: 462
Merit: 250
No need to make it small there Reorder. Smiley

No one is doubting you or your pools honesty.  Certainly not me!  You're one of the most honest and generous guys I come across in Crypto land. You even go out of your way to provide us with GPU mining software on a couple of the last coins I've mined. However, the pool centralization is a concern to a couple of the Exchanges as I mentioned a page or two back. I personally think the old 51% issue is sort of rubbish when dealing with reliable/established pools such as 1GH that have proved themselves, as any type of monkey business would surely hurt the pool and cause miners to move elsewhere. But I digress.
You may have noticed Cryptsy has a dedicated market for XPM which is mined 90% at a certain pool. When they see profit (i.e.: potential volume), they don't care: they add/keep coins subject to double-spend by design (recently attacked C2, WC, semi-abandoned coins like Elacoin). When they don't see profit, nothing would convince them (save for a bribe, be it direct or through bought votes).

Edit: actually they have removed XPM markets for non-major coins, but it was there recently
full member
Activity: 168
Merit: 100
Soul_eater_123
From experience I can tell you it does work at Nonce as I had 6 machines setup that way.

I agree but only to a degree.  With an MPOS pool you do need to signup which takes all of 5 minutes. You need to add your wallet address for payment, then you need to create at least one worker process and set a password.
For example cayars.worker as the worker and mnrpassword as the password.

Once this is done it's really no different then using 1GH or any other anonymous pool. No harder to setup 100 machines vs 1.  Just use the same worker name (ie cayars.worker) and same password (ie mnrpassword) for each machine/rig.  Nothing says you have to setup a different worker process for every rig. But the option is there is you want to be able to monitor different machines and know if just one is down or performing poorly.

But yes I do get the fact that many people are too lazy to do this.  Shocked
You also need an email to register. And to remember the frigging pincode! And your account can still be hacked and your coins stolen.

However, it would be nice if some other anonymous pool picked up the coin. Not that the 'centralization' is a real concern for anyone: XPM, PTS are essentially mined at a single pool for months and months, still they have some nice value and adoption level.

No need to make it small there Reorder. Smiley

No one is doubting you or your pools honesty.  Certainly not me!  You're one of the most honest and generous guys I come across in Crypto land. You even go out of your way to provide us with GPU mining software on a couple of the last coins I've mined. However, the pool centralization is a concern to a couple of the Exchanges as I mentioned a page or two back. I personally think the old 51% issue is sort of rubbish when dealing with reliable/established pools such as 1GH that have proved themselves, as any type of monkey business would surely hurt the pool and cause miners to move elsewhere. But I digress.

There is nothing wrong with everyone mining at 1GH, but it does hurt our chances of getting picked up by a larger pool without going through the voting process.  It would be nice to just get picked up by MintPal and Poloniex just as HVC did when they were young.

Carlo

PS #220 at mintpal with 187 votes.
sr. member
Activity: 462
Merit: 250
I agree but only to a degree.  With an MPOS pool you do need to signup which takes all of 5 minutes. You need to add your wallet address for payment, then you need to create at least one worker process and set a password.
For example cayars.worker as the worker and mnrpassword as the password.

Once this is done it's really no different then using 1GH or any other anonymous pool. No harder to setup 100 machines vs 1.  Just use the same worker name (ie cayars.worker) and same password (ie mnrpassword) for each machine/rig.  Nothing says you have to setup a different worker process for every rig. But the option is there is you want to be able to monitor different machines and know if just one is down or performing poorly.

But yes I do get the fact that many people are too lazy to do this.  Shocked
You also need an email to register. And to remember the frigging pincode! And your account can still be hacked and your coins stolen.

However, it would be nice if some other anonymous pool picked up the coin. Not that the 'centralization' is a real concern for anyone: XPM, PTS are essentially mined at a single pool for months and months, still they have some nice value and adoption level.
legendary
Activity: 952
Merit: 1000
That's actually incorrect for a lot of pools using a single worker doesn't work (I've tried it) and I don't have the time to experiment and see which pools support it and which don't. That then means that you have to setup an individual worker on each rig which is a lot of extra work.  Even if a single worker did work you would still have to setup a new account with a new password, PIN etc which takes time and management.  This may not seem like a lot of work but if you switch coins often it can be a chore.  A P2Pool solves these problems so I still don't see the need for the majority of pools (all in the case of MNR) to use the standard setup.
full member
Activity: 168
Merit: 100
I think the pool operators are also to blame in this regard.  The reason I (and I suspect a lot of others) use 1GH is because of the P2Pool style setup they have which does not require registration or workers to be setup.  If you have multiple rigs this is a big time saver.  For most coins I use a P2Pool server for the same reason (less work for me).  If someone is going to the effort to setup a pool I don't understand why they don't just make a P2Pool or use a 1GH style setup.  If they did people like me would be more likely to switch.  At the moment I just can't justify fiddling around with settings for each of my miners.

I agree but only to a degree.  With an MPOS pool you do need to signup which takes all of 5 minutes. You need to add your wallet address for payment, then you need to create at least one worker process and set a password.
For example cayars.worker as the worker and mnrpassword as the password.

Once this is done it's really no different then using 1GH or any other anonymous pool. No harder to setup 100 machines vs 1.  Just use the same worker name (ie cayars.worker) and same password (ie mnrpassword) for each machine/rig.  Nothing says you have to setup a different worker process for every rig. But the option is there is you want to be able to monitor different machines and know if just one is down or performing poorly.

But yes I do get the fact that many people are too lazy to do this.  Shocked

legendary
Activity: 952
Merit: 1000
full member
Activity: 154
Merit: 100
Are you running these tests at the same time or did you test solo first then 1GH?

I ask because we recently switched from a reward of 75 MNR per block to 50 MNR per block (after block 4000).


I am counting the blocks I found mining at 1GH vs the money I get from them, so every time I find a block I add that to the amount I would have received if I am solo mining, not sure if this is a correct way to measure, but since I can't solo I can't run the test in parallel, I assumed that in the long run if I find 100 blocks for the pool, I should get ~ 100*block reward coins.

Yes I accounted the 75 to 50 change I found 3 block before the block reward was reduced.

Cheers!
full member
Activity: 168
Merit: 100
Are you running these tests at the same time or did you test solo first then 1GH?

I ask because we recently switched from a reward of 75 MNR per block to 50 MNR per block (after block 4000).

In general it's never a good/valid test to run one, then another test back to back.  Things change.

What you want to do instead is a "split test" where you test things simultaneously.  This will account for difficulty/global hash rate changes, block reward difference, etc

Simply try and split your mining power as close to 50% as possible between two sources.  Run tests for a few days at minimal (much longer if soloing).
Then take the MNR earned from each source and divide it by the hash power (in MH) you put on that source.
This will give you MNR per MH for each source and it will make it easy to determine which is more profitable.

With solo mining or mining at a pool with low hash rate, luck comes into play more then anything else.  If you happen to test when blocks are found faster then normal you would get the impression you make more at that pool. If blocks are found slower (dumb luck) then you would infer you make less at that pool.  However, if you tested for say 7 days at the same time (split testing) you would probably find the results are almost exactly the same.

The good thing about running at a pool is that is an orphan block is found it is no where near as devastating to you as you only "suffer" a small percent.  On the other hand if you are solo mining and get an orphan block you suffer the full wrath.

Different strokes for different fokes. But in general once the coin is launched at difficulty has risen to reasonable levels there is usually no point in solo mining when you can get a steady flow of coins from a pool which to most people is more rewarding. Again statistically shouldn't matter but it's a psychological thing.
full member
Activity: 154
Merit: 100
Add me with 70MH I will keep the rest to mine something more profitable and buy later.

Edit: The reason I want to mine solo is because I do not trust the pools, even if they are not stealing, someone could be cheating. The fact that I can't solo mine is a big issue for me even if it is not for nobody else, I started to record my progress, so far I have found 8 blocks:

3*75 + 5*50 = 425 MNR.

I have been paid by 1gh since I started recording 304 MNR. if we think that 1 of the blocks might have been orphaned when solo, then the pool is still under by ~ 70 coins, this without counting the block I found at nonce and got only 8 coins for it. So maybe it is just variance, but so far I am not so satisfied with the pools performance I will give it a couple of more days and see if it improves.

Cheers!.

Edit2: I was typing and found another block.... I feel that I am spending all my luck at the pool xD.
full member
Activity: 168
Merit: 100
Hey cayars,

great post Smiley
Thanks, I'm trying  Wink
Quote
I am currently pointing 70MH to 1gh, but I would gladly use some extra 100MH to secure the network if there is a way to solo mine for amd cards. I am trying to look into it but I am a noob and don't have the time to review the code in depth to try to fix it myself at the moment Undecided .

Also I am not using nonce because I was getting less hashrate in the dashboard compared to 1gh maybe is just a display issue, anyone tested using both and getting the same number of coins ?.
I think you'll find Nonce just as good as solo mining if not better.  They currently have 0% fee so you aren't giving up anything.  You'll get the "power" of additional miners working with you to solve blocks faster.  Overall you should make the same amount.  Nonce (so does 1GH) fluctuate on reported hash rates on their websites.  Nothing to worry about. Typically 1GH and Nonce are on the money if you average what you see over time.  SN on the other hand always shows a much higher hash rate then you are doing, which also means their network hash rate is also much lower then reported.  Putting the website displays aside, all three pools are paying out the proper amount over time compared to your submitted shares.  At least that is what I have found when comparing to the statistical expected rate you should earn.  Honestly the only reason I can think of to mine MNR in solo mode is to avoid the pool fee and if the pool fee is already ZERO then you don't really gain much.

But as you already know, you will need to modify cgminer to solo mine.

Quote
Another thing, just was looking cryptoaltex and someone dumped over my a small buy I had at 3800 but the closed price for the buy was 3000 and they gave me back some btc, so apparently they do not match the listed price like mintpal but maybe they match the sell at the price you write in, I remember cryptorush did the same thing. Better be careful trading there and do not dump or buy at a higher rate than listed :p.

Cheers!.

Edit: Yes I can confirm Cryptoaltex doesn't match the orders correctly, I just sold 1 MNR at 1000 and was matched with the last buy order instead of the first one.

:p.
I noticed something similar myself but wasn't sure about it.  Now that someone else has mentioned it I guess I'm not losing it. Smiley
What I have been doing at CryptoALTex in purchase/buying mode is select each transaction and only purchase what is being sold.  I might need to do 3 to 5 transaction to to purchase enough MNR for the BTC I have on hand but this way I don't overpay either.

chango, can we add you to the list for 100MH?
sr. member
Activity: 392
Merit: 250
less then 70 votes needed for top 200 on mintpal...

KEEP VOTING
full member
Activity: 154
Merit: 100
Hey cayars,

great post Smiley I am currently pointing 70MH to 1gh, but I would gladly use some extra 100MH to secure the network if there is a way to solo mine for amd cards. I am trying to look into it but I am a noob and don't have the time to review the code in depth to try to fix it myself at the moment Undecided .

Also I am not using nonce because I was getting less hashrate in the dashboard compared to 1gh maybe is just a display issue, anyone tested using both and getting the same number of coins ?.

Another thing, just was looking cryptoaltex and someone dumped over my a small buy I had at 3800 but the closed price for the buy was 3000 and they gave me back some btc, so apparently they do not match the listed price like mintpal but maybe they match the sell at the price you write in, I remember cryptorush did the same thing. Better be careful trading there and do not dump or buy at a higher rate than listed :p.

Cheers!.

Edit: Yes I can confirm Cryptoaltex doesn't match the orders correctly, I just sold 1 MNR at 1000 and was matched with the last buy order instead of the first one.

:p.
full member
Activity: 168
Merit: 100
Some thoughts:

I've heard back from a couple of bigger exchanges.  I've outright asked them if they would directly add MNR to the exchange without going through normal voting processes. What their internal policy is, what they look for etc.  Most important what they don't like about MNR right now that would keep them from directly adding us to the Exchange.

Here are some of the results put in my own words:
1) Viability of coin (uniqueness of coin, timeline, coins minted, age of coin) - no issues from this except we are "young" and less then a week old
2) Active Devs and Active Community - only makes sense.  We could use more involvement as a whole but I think we are active
3) Current trade volume - makes absolute sense.  If they see a coin being actively traded on other exchanges then they would want a piece of the pie.
4) Stability of selling price - eluded to the fact that the higher the buying price the more they are interested.  Again makes sense.
5) Security of network/Pools, etc - Epic Fail
6) Official blockchain explorer (do we have this working yet)?

Some "Exchanges" are scams that only want BTC to get listed. - We don't need these exchanges anyway

We are only 7 days old. Happy 1 week birthday. Smiley  
We are on one small exchange at the moment which is fine considering were only 7 days old. Price of MNR has not stabilized to where it should be at a minimum yet.  People are still selling to low and under valueing MNR.  This is just a matter of time and the market will sort this out correctly.

#3 I've mentioned this before.  People are selling MNR to cheaply.  You can mine another coin at present. Sell it, move btc to CrypotALTex and purchase MNR. You can get more MNR this way for now.  This also helps to drive up the price of MNR and creates more volume. When you can no longer do this then we've hit the point where MNR is valued at a proper minimal price!!!

#5 on the list above is a killer.  In a nutshell almost all of the hashing rate of MNR is done through 1GH.  Can't say I blame anyone for this as 1GH is great but it's REALLY, REALLY bad for MNR's long term success and for getting on a larger exchange.
We have three pools that can be used. Ideally we should have no pool with over 40-45% or so of total hash rate.  I think it's pretty obvious that some have tried moving to SN or Nonce but due to the lower hash rate get "stuck" waiting on a block and get discouraged.  Then you point your rigs right back to 1GH where the MNR flows steady. Smiley

What I was thinking (any other suggestions are certainly welcome) is that if we could make a concerted effort to get many people to switch at about the same time (at least same day) then we would move enough hash rate at one time that no one would feel the burden of running/mining at a smaller pool.  Right now 1GH has about 14GH on it.  If we could start by moving about 4GH to another pool that should be enough to get the ball rolling and keep the blocks being found at a good pace so no one would get discouraged.

I'd be happy to coordinate this via PM or the forum:
1) If you would be willing to do this please post your MNR hash rate
2) If you would prefer to remain (forum anonymous) in this venture feel free to PM me your hash rate and we'll list it as "anonymous"
3) We'll keep a running tally here in the forum until we have enough contributed hash rate to make the move

I'll start:
#1 cayars 92MH
#2 braxx 55 MH
#3 chango 70MH
3783 to go
full member
Activity: 168
Merit: 100
HVC was never voted into MintPal.  MintPal added them directly which is what I'd love to see happen here.
I'm working on a post that will cover this which I'll post in a few minutes.
hero member
Activity: 925
Merit: 1000
MNR is currently most traded coin on CryptoAltex. We brought some life into this exchange finally! :-) It's very little volume comparing to other exchanges but at least this is good signal for bigger exchanges that this coin has some potential and might become hit of this summer together with other "asic-resistant coins" like x11 or groestl.

Don't forget to vote on Mintpal, everybody at least 10 votes everyday please Smiley. We might never reach the top but at least we will show how strong and determined this MNR community is. In order for Mintpal/Cryptsy to notice us we should be first get listed on several other medium size exchanges like Bittrex and Poloniex and generate some significant volume there first (20-40 BTC/day). This will attract new miners and traders and snowball effect would come next.

Does anybody remember when and how HVC was added to Mintpal? I have feeling that HVC never reached first position on the voting list but was added anyway.

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