[ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N - page 27.

Equate

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Activity: 770

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Quote from: pikuchato on May 10, 2014, 05:54:34 AM

Quote from: everything_zen on May 09, 2014, 07:51:29 AM

Simple Vert now supports triple merge mining VTC/MON/PLX. 10% bonus on PLX, 2.5% on MON

Can someone please explain this merge mining?

If I mine with 1 Mhash at Simple vert do I get 1Mhash for each coin? VTC/MON/PLX ?

So the revenue displayed on coin warz is wrong and should be calculated as:
1Mhash of VTC + 1Mhash of MON + 1Mhash of PLX ?

I also have same doubt , If I mine with 1MH of VTC , how much VTC , MON , PLX will I get ?
2. On which pool can I merge mine these coins ?

pikuchato

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Activity: 728

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Activity: yes

Quote from: everything_zen on May 09, 2014, 07:51:29 AM

Simple Vert now supports triple merge mining VTC/MON/PLX. 10% bonus on PLX, 2.5% on MON

Can someone please explain this merge mining?

If I mine with 1 Mhash at Simple vert do I get 1Mhash for each coin? VTC/MON/PLX ?

So the revenue displayed on coin warz is wrong and should be calculated as:
1Mhash of VTC + 1Mhash of MON + 1Mhash of PLX ?

javajeve

newbie

Activity: 24

Merit: 0

Quote from: svk31 on May 10, 2014, 04:18:15 AM

Quote from: javajeve on May 10, 2014, 03:50:36 AM

whats this MON block 6023 that payed out 51.50175198 coins

heres the link cryptexplorer.com/block/95e05f54022afc1aa7fb129b4af981155d18a254d4ca89a6a8eee23f072927f5

Hash95e05f54022afc1aa7fb129b4af981155d18a254d4ca89a6a8eee23f072927f5
Previous Block23cd39cf9085b940c3199624802ce708f324bef9b4c7e1b0ee23f8095c342303
Next Blockf576c493a4c5e1f8bf438349000d0fb32bcf2ce72a90c33c1605009e9c6ae69e
Height6023
Version65794
Transaction Merkle Root353663a293272c145654f45c1c46e16bc3774cdba6f3e1760b5fabd90056ea1b
Time1399705587 (2014-05-10 07:06:27)
Difficulty82.397 (Bits: 1c031b5c)
Cumulative Difficulty255 103.076
Nonce0
Transactions2
Value out 51.50175198
Transaction Fees0.01
Average Coin Age3.10438 days
Coin-days Destroyed4.55539955
Cumulative Coin-days Destroyed10.0486%

On the block explorer page you linked it's clearly stated that the generation reward for that block is "25+0.01 total fees". The remaining 26 or so vtc are from the transactions included in that block.

thanks for the help i understand now

escalicha

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Activity: 658

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Quote from: Lucky_U on May 10, 2014, 05:40:51 AM

Quote from: BorisTheSpider on May 09, 2014, 06:55:57 PM

Keep asking CoinedUp to add MON: http://www.reddit.com/r/CoinedUp/comments/24yk8a/please_add_mon_vtc_team_release_mergemined_on_vtc/

we need more votes!!CoinedUp is a greate exchange!!

goooo

Lucky_U

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Activity: 364

Merit: 100

Quote from: BorisTheSpider on May 09, 2014, 06:55:57 PM

Keep asking CoinedUp to add MON: http://www.reddit.com/r/CoinedUp/comments/24yk8a/please_add_mon_vtc_team_release_mergemined_on_vtc/

we need more votes!!CoinedUp is a greate exchange!!

svk31

member

Activity: 73

Merit: 10

Quote from: javajeve on May 10, 2014, 03:50:36 AM

whats this MON block 6023 that payed out 51.50175198 coins

heres the link cryptexplorer.com/block/95e05f54022afc1aa7fb129b4af981155d18a254d4ca89a6a8eee23f072927f5

Hash95e05f54022afc1aa7fb129b4af981155d18a254d4ca89a6a8eee23f072927f5
Previous Block23cd39cf9085b940c3199624802ce708f324bef9b4c7e1b0ee23f8095c342303
Next Blockf576c493a4c5e1f8bf438349000d0fb32bcf2ce72a90c33c1605009e9c6ae69e
Height6023
Version65794
Transaction Merkle Root353663a293272c145654f45c1c46e16bc3774cdba6f3e1760b5fabd90056ea1b
Time1399705587 (2014-05-10 07:06:27)
Difficulty82.397 (Bits: 1c031b5c)
Cumulative Difficulty255 103.076
Nonce0
Transactions2
Value out 51.50175198
Transaction Fees0.01
Average Coin Age3.10438 days
Coin-days Destroyed4.55539955
Cumulative Coin-days Destroyed10.0486%

On the block explorer page you linked it's clearly stated that the generation reward for that block is "25+0.01 total fees". The remaining 26 or so vtc are from the transactions included in that block.

aoprea75

newbie

Activity: 53

Merit: 0

@S_tring

yes i have my own node on local machine ... but mon and plx are stand-alone mining .... only vtc are pooled mined ... so with only a 1.2 mhs it's hard to solo-mine mon and plx with increased dificulty...

that why it's more important to developers of vtc/mon/plx to work on to develop a p2pool-merged fast.

javajeve

newbie

Activity: 24

Merit: 0

whats this MON block 6023 that payed out 51.50175198 coins

heres the link cryptexplorer.com/block/95e05f54022afc1aa7fb129b4af981155d18a254d4ca89a6a8eee23f072927f5

Hash95e05f54022afc1aa7fb129b4af981155d18a254d4ca89a6a8eee23f072927f5
Previous Block23cd39cf9085b940c3199624802ce708f324bef9b4c7e1b0ee23f8095c342303
Next Blockf576c493a4c5e1f8bf438349000d0fb32bcf2ce72a90c33c1605009e9c6ae69e
Height6023
Version65794
Transaction Merkle Root353663a293272c145654f45c1c46e16bc3774cdba6f3e1760b5fabd90056ea1b
Time1399705587 (2014-05-10 07:06:27)
Difficulty82.397 (Bits: 1c031b5c)
Cumulative Difficulty255 103.076
Nonce0
Transactions2
Value out 51.50175198
Transaction Fees0.01
Average Coin Age3.10438 days
Coin-days Destroyed4.55539955
Cumulative Coin-days Destroyed10.0486%

S_tring

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Activity: 252

Merit: 102

OPEN Platform - Powering Blockchain Acceptance

Quote from: ymer on May 10, 2014, 03:04:56 AM

Quote from: aoprea75 on May 10, 2014, 01:19:52 AM

@Boristhespider

would be good to start working on a solution for trully p2pool merged mining ... not that stupid virtualmachine, or p2proxy ...

This must be done before launch of mon/plx

At this rate, In 2-3 weeks, p2pool will disappear, and remain only 4-5 big clasic pool (like simplevert) ... and adio descentralization of mining...

Too bad

It's not hard at all to set up your own node... and you will know that the node operators will not be robbing you, because well.. you will be the operator.

+1

Stop mining on pools, and put some effort into setting up your own node.

ymer

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Activity: 308

Merit: 250

Quote from: aoprea75 on May 10, 2014, 01:19:52 AM

@Boristhespider

would be good to start working on a solution for trully p2pool merged mining ... not that stupid virtualmachine, or p2proxy ...

This must be done before launch of mon/plx

At this rate, In 2-3 weeks, p2pool will disappear, and remain only 4-5 big clasic pool (like simplevert) ... and adio descentralization of mining...

Too bad

It's not hard at all to set up your own node... and you will know that the node operators will not be robbing you, because well.. you will be the operator.

javajeve

newbie

Activity: 24

Merit: 0

Quote from: aoprea75 on May 10, 2014, 01:19:52 AM

@Boristhespider

would be good to start working on a solution for trully p2pool merged mining ... not that stupid virtualmachine, or p2proxy ...

This must be done before launch of mon/plx

At this rate, In 2-3 weeks, p2pool will disappear, and remain only 4-5 big clasic pool (like simplevert) ... and adio descentralization of mining...

Too bad

I agree with you 100%. Now iam stuck at simplevert pool cause its pays properly everywhere else problems after problems!
if theys a 51% attack ....well its only money !!!!

aoprea75

newbie

Activity: 53

Merit: 0

@Boristhespider

would be good to start working on a solution for trully p2pool merged mining ... not that stupid virtualmachine, or p2proxy ...

This must be done before launch of mon/plx

At this rate, In 2-3 weeks, p2pool will disappear, and remain only 4-5 big clasic pool (like simplevert) ... and adio descentralization of mining...

Too bad

javajeve

newbie

Activity: 24

Merit: 0

Quote from: DragonShow on May 06, 2014, 07:48:49 AM

New Proxy Pool VTC/MON Merged Node located in France
Mining on the first P2Pool network

stratum+tcp://p2pool.vertfinder.info:9555

Stats page: http://p2pool.vertfinder.info:8080/proxypool/

Currently 0% fee on both proxypool and p2pool node (fee may increase if a server upgrade is needed to handle load)

Transactions and paid shares statistics are coming once we reach the first payout.
Please message me if you would like others stats or if you encounter any issue.

Don't mine at this pool. Doesnt pay out when u quit mining at that pool. I'm still waiting for mine after i change pools its been 20 hours so far and nothing !!!

bengtåke

sr. member

Activity: 309

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confused developer

Quote from: mmouse on May 08, 2014, 07:39:26 PM

Quote from: Doom4535 on May 08, 2014, 10:03:54 AM

Is there a monocle p2pool network (not a vertcoin/execoin p2pool that is solo mining monocle on top of the pool coin)? I'd like to add a mon node...

Yes, there is, I run one at mon.coinpools.de:26888

Feel free to use it or to connect your own node. But understand that this is more experimental than useful for mining as you "throw away" your possible VTC earnings when directing your miner to a MON only pool.

To run your own node use this code in networks.py:

Code:

        SUBSIDY_FUNC=lambda height: 25*100000000,

That is incorrect.

Code:

from math import pow
... rest of code here...
SUBSIDY_FUNC=lambda h: 100000000 << ((h + 1)//200) if h < 999 else int(25 * pow(0.97044562, ((h+1)//10080)) * 100000000) if h < 1468416 else 0

Doom4535

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Activity: 158

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organizer

sr. member

Activity: 378

Merit: 250

So impatient these days! It took VTC forever to even get noticed and now is beloved... if you have a good coin, good community and active devs, the exchanges will come... same thing happened later with FLT coin... shit, i feel like an old timer when you had to wait, wait, pray, hope the coin you were on was going to get listed...someday.

coa032

hero member

Activity: 602

Merit: 500

Quote from: ymer on May 09, 2014, 06:51:57 PM

It's weird that we have no exchanges yet

It is weird that devs dont want to ask any exchange to add MON...yup they will say that they asked coinedup...but we need first smaller exchanges then we can go on bigger ones.

BorisTheSpider

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Activity: 210

Merit: 100

Keep asking CoinedUp to add MON: http://www.reddit.com/r/CoinedUp/comments/24yk8a/please_add_mon_vtc_team_release_mergemined_on_vtc/

MarryUncle

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Activity: 63

Merit: 10

you should have I'll be happy to take a look. Post or pm me a link to your stats page

BorisTheSpider

full member

Activity: 210

Merit: 100

Quote from: keenmay on May 09, 2014, 06:33:44 PM

ya I knew that. Difficulty and earning is not linear?

Does vertcoin calculator on coinwarz really work with MON?
Because I try to calculate my earnings for may 6 - may 8, it doesn't add up.
Hash: 1.28Mh/s
diff:40
reward per block: 25
I only suppose to get 16 MON a day for each of those days. I got lucky Grin

?

No diff to earnings is linear, assuming constant luck, which is a big assumption.

Using the earnings calculator as you described with the correct block reward and diff should give you a reasonable estimate. Yes, you obviously got lucky. Variance is _MUCH_ bigger than people assume.

Topic: [ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N - page 27. (Read 145936 times)