[ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N - page 39.

everything_zen

member

Activity: 109

Merit: 11

Quote from: smak on May 06, 2014, 12:43:00 AM

Quote from: bholzer on May 06, 2014, 12:31:43 AM

Quote from: smak on May 06, 2014, 12:06:16 AM

yeah simplevert is down to 5% because people are picking up their mono, pays to read and follow instructions.

what do you guys think about the scheduled payouts for vert now as well as monocle?

personally i would rather have individual payouts just for ease of tracking. add to the fact that the scheduled payouts seem to be infrequent at times.. just makes sense.

on the stats page he asks your opinion, has anyone other than myself spoken up?

If they can stick to every 4 hours, that's fine with me. However, MON payouts were supposed to be every 6 hours and the last 2 were ~10 hours apart (and now it's been over 7 hours since the last MON payout). If it's just going to be random like the MON payouts, I would prefer individual payouts as well (especially if there is some kind of issue/site goes down/etc). I have about 25 Mh/s hitting the pool and when payouts are supposed to be every 6 hours, and it's been 10 hours, it's certainly frustrating.

ahh bholzer, i am a curraycoin holder

good to see you vetting verts rep as well.

servers actually getting reset right now. stratum issues? and all this software is in beta if not alpha.

as long as its above dust, i would rather get paid out as i go, even if scheduled payouts function like clockwork.

Yup, some chaps were hitting our DDOS rate limit, even after we raised it, so we made a few changes (such as raising diff to 64) to reduce their packet traffic.

Several people have gotten back to us saying they like not being spammed and prefer 4hr, so we'll be trying that for a while. VTC payouts are 100% automated so they'll go like clockwork, unfortunately MON is not all the way there yet, but we will fully automate it in the next day or two and probably end up running it on the same schedule as VTC.

Work has started on adding Parallax Cheesy

smak

member

Activity: 72

Merit: 10

Quote from: bholzer on May 06, 2014, 12:31:43 AM

Quote from: smak on May 06, 2014, 12:06:16 AM

yeah simplevert is down to 5% because people are picking up their mono, pays to read and follow instructions.

what do you guys think about the scheduled payouts for vert now as well as monocle?

personally i would rather have individual payouts just for ease of tracking. add to the fact that the scheduled payouts seem to be infrequent at times.. just makes sense.

on the stats page he asks your opinion, has anyone other than myself spoken up?

If they can stick to every 4 hours, that's fine with me. However, MON payouts were supposed to be every 6 hours and the last 2 were ~10 hours apart (and now it's been over 7 hours since the last MON payout). If it's just going to be random like the MON payouts, I would prefer individual payouts as well (especially if there is some kind of issue/site goes down/etc). I have about 25 Mh/s hitting the pool and when payouts are supposed to be every 6 hours, and it's been 10 hours, it's certainly frustrating.

ahh bholzer, i am a Murraycoin holder

good to see you vetting verts rep as well.

servers actually getting reset right now. stratum issues? and all this software is in beta if not alpha.

as long as its above dust, i would rather get paid out as i go, even if scheduled payouts did function like clockwork, which as mentioned they do not.

ellen.yan

member

Activity: 106

Merit: 10

h, well, it does make sense to force people to mine VTC with MON and not make it opt-in in order to strengthen VTC blockchain.

bholzer

hero member

Activity: 490

Merit: 510

The Murraycoin Project ▪ Lead Developer

Quote from: smak on May 06, 2014, 12:06:16 AM

yeah simplevert is down to 5% because people are picking up their mono, pays to read and follow instructions.

what do you guys think about the scheduled payouts for vert now as well as monocle?

personally i would rather have individual payouts just for ease of tracking. add to the fact that the scheduled payouts seem to be infrequent at times.. just makes sense.

on the stats page he asks your opinion, has anyone other than myself spoken up?

If they can stick to every 4 hours, that's fine with me. However, MON payouts were supposed to be every 6 hours and the last 2 were ~10 hours apart (and now it's been over 7 hours since the last MON payout). If it's just going to be random like the MON payouts, I would prefer individual payouts as well (especially if there is some kind of issue/site goes down/etc). I have about 25 Mh/s hitting the pool and when payouts are supposed to be every 6 hours, and it's been 10 hours, it's certainly frustrating.

bengx

full member

Activity: 202

Merit: 100

Quote from: sirblackjack on May 05, 2014, 10:17:00 PM

For some reason I'm not getting any MON. I am running my own p2pool node. I'm using the following config:

python run_p2pool.py --net vertcoin3 -f 0 --give-author 0 --merged http://rpcmonuser:[email protected]:6888

And mining config:

sgminer.exe -o 127.0.1.1:9174 -u VTC-ADDRESS -p MON-ADDRESS --algorithm adaptive-n-factor --rest-of-settings

I'm not using proxypool, but AFAIK it shouldn't be needed when solomining. I have been mining with this config for about 48 hours, have been receiving VTC but no MON at all. What am I doing wrong?

Do you see "Got merge-mined work!" in your p2pool console? If you don't, you need to put server=1 into your monocle.conf and restart the monoclecoin wallet. If you do, then your p2pool is set up properly. rpcmonuser and rpcmonpass is set up exactly as you see it in the monocle.conf. What is your hashrate? I believe the difficulty is too high such that hashrates too small might take too long to solomine a block.

smak

member

Activity: 72

Merit: 10

yeah simplevert is down to 5% because people are picking up their mono, pays to read and follow instructions.

what do you guys think about the scheduled payouts for vert now as well as monocle?

personally i would rather have individual payouts just for ease of tracking. add to the fact that the scheduled payouts seem to be infrequent at times.. just makes sense.

on the stats page he asks your opinion, has anyone other than myself spoken up?

Coelacanth

newbie

Activity: 44

Merit: 0

There are many p2pool nodes in all 3 networks with merged mining stats with paid and unpaid VTC & MON information. For those who mined at p2pool before take a shot with new web dashboard by Cooba13.

This displays each miners vtc hash rate accurately which was missing in original dashboard.

github : https://github.com/Cooba13/proxypool-simplestats

example stats : http://whatever.kn.vutbr.cz/proxypool/

Being decentralized, the front ends for p2pool are built by community and takes some time. But it will be done eventually fellow Vertans. Even devs will come out with a proper decentralized merged mining in future. Just need to give them time and I think they are not get paid for dev hours???

Take note that the most important thing is your coin income and decentralizing the mining operations. Stats also needed to estimate and predicted income.

I'm not against the traditional pools here. We need best of both worlds with a balanced hash rates between p2pool and traditional pools.

sirblackjack

newbie

Activity: 4

Merit: 0

For some reason I'm not getting any MON. I am running my own p2pool node. I'm using the following config:

python run_p2pool.py --net vertcoin3 -f 0 --give-author 0 --merged http://rpcmonuser:[email protected]:6888

And mining config:

sgminer.exe -o 127.0.1.1:9174 -u VTC-ADDRESS -p MON-ADDRESS --algorithm adaptive-n-factor --rest-of-settings

I'm not using proxypool, but AFAIK it shouldn't be needed when solomining. I have been mining with this config for about 48 hours, have been receiving VTC but no MON at all. What am I doing wrong?

bholzer

hero member

Activity: 490

Merit: 510

The Murraycoin Project ▪ Lead Developer

Quote from: everything_zen on May 05, 2014, 10:04:47 PM

Quote from: javajeve on May 05, 2014, 08:42:30 PM

Quote from: everything_zen on May 04, 2014, 02:19:27 PM

Simple Vert is paying out a 10% bonus on MON blocks! This might be permanent

Yesterday we added merged mining for everyone, it has been rock solid so far, and we've added basic stats so you can see how much MON you are mining (Example).

Since some miners have not set a MON payout address, we're left holding some leftover MON. We're sending a bunch of that MON back to you! With a 10% bonus, you get 110% of the MON you mine.

Depending on how many miners set their MON address, we may be able to run the 10% bonus continuously. For now we are doing it as a trial, and may adjust the % up or down.

THEY ARE NOT GIVING OUT 10% BONUS ITS NOW 5% FOR THE LAST HOUR OR SO !!!!!!!!!!!!!

Yup, almost everyone has added MON addresses now so we adjusted it down.

Quote

For now we are doing it as a trial, and may adjust the % up or down.

This java guy thought he was quite the detective...

everything_zen

member

Activity: 109

Merit: 11

Quote from: javajeve on May 05, 2014, 08:42:30 PM

Quote from: everything_zen on May 04, 2014, 02:19:27 PM

Simple Vert is paying out a 10% bonus on MON blocks! This might be permanent

Yesterday we added merged mining for everyone, it has been rock solid so far, and we've added basic stats so you can see how much MON you are mining (Example).

Since some miners have not set a MON payout address, we're left holding some leftover MON. We're sending a bunch of that MON back to you! With a 10% bonus, you get 110% of the MON you mine.

Depending on how many miners set their MON address, we may be able to run the 10% bonus continuously. For now we are doing it as a trial, and may adjust the % up or down.

THEY ARE NOT GIVING OUT 10% BONUS ITS NOW 5% FOR THE LAST HOUR OR SO !!!!!!!!!!!!!

Yup, almost everyone has added MON addresses now so we adjusted it down.

Quote

For now we are doing it as a trial, and may adjust the % up or down.

javajeve

newbie

Activity: 24

Merit: 0

Quote from: everything_zen on May 04, 2014, 02:19:27 PM

Simple Vert is paying out a 10% bonus on MON blocks! This might be permanent

Yesterday we added merged mining for everyone, it has been rock solid so far, and we've added basic stats so you can see how much MON you are mining (Example).

Since some miners have not set a MON payout address, we're left holding some leftover MON. We're sending a bunch of that MON back to you! With a 10% bonus, you get 110% of the MON you mine.

Depending on how many miners set their MON address, we may be able to run the 10% bonus continuously. For now we are doing it as a trial, and may adjust the % up or down.

THEY ARE NOT GIVING OUT 10% BONUS ITS NOW 5% FOR THE LAST HOUR OR SO !!!!!!!!!!!!!

kjesser

newbie

Activity: 21

Merit: 0

Quote from: hammerbrain on May 05, 2014, 08:00:16 PM

"Simplevert Update: The large majority of our miners have since added a MON address so we're reducing the bonus percentage to 5% so we can continue doing it."

I mined approx. 18 hours on p2p prior to trying Simplevert and the same after. In both instances I received more than Simplevert with 10% bonus.

As stated earlier in this thread, a huge amount of MON was accumulated by Simplevert (and will be dumped) and a paltry 10% was paid out to new miners (now 5%, less than 24 hours later).

Simplevert has a wonderful interface and has obviously spent a good deal of money in hopes of recouping said funds from new miners (and then some).

Free yourself from the neo-oligarchs of the crypto-world.

>P2P<

Learn it...Use it.

kinda the point of vert imho

Wow! You got more coins when mining at lower diff than you did when the diff was higher? That's unheard of!

hammerbrain

full member

Activity: 210

Merit: 100

"Simplevert Update: The large majority of our miners have since added a MON address so we're reducing the bonus percentage to 5% so we can continue doing it."

I mined approx. 18 hours on p2p prior to trying Simplevert and the same after. In both instances I received more than Simplevert with 10% bonus.

As stated earlier in this thread, a huge amount of MON was accumulated by Simplevert (and will be dumped) and a paltry 10% was paid out to new miners (now 5%, less than 24 hours later).

Simplevert has a wonderful interface and has obviously spent a good deal of money in hopes of recouping said funds from newer miners.

Free yourself from the neo-oligarchs of the crypto-world.

>P2P<

Learn it...Use it.

kinda the point of vert imho

perezoso

sr. member

Activity: 392

Merit: 250

Quote from: perezoso on May 05, 2014, 05:08:19 PM

Quote from: BorisTheSpider on May 05, 2014, 04:46:56 PM

Quote from: OPTiK on May 05, 2014, 12:53:13 PM

If you're having those types of issues, you should really setup your own private p2pool node. (snip...)

I agree 100%, and want to add to the encouragement to run your own node. It's easy, pretty much anyone can do it, even if you don't have a separate PC or ESXi server etc. - just run it in a VM on your desktop (or indeed run it directly on your desktop) - it's the optimal way to mine, with the best payouts and zero fees.

Okay, okay. Once I find that Ubuntu disk around here, I'll put it on a Virtualbox and give it a whirl. If I'm going to bother maybe even make a dynamic DNS public node, since there seem to be few nodes in the US southwest. Unless that would attract idiots wanting to mess with my "massive" 700k hashpower.

Crapped out somewhere around "cabal: using 'build-type: Custom' but there is no Setup.hs or Setup.lhs script."

Bummer. Guess I'll wait for things to evolve since, as I understand it, this is a temporary arrangement.

bholzer

hero member

Activity: 490

Merit: 510

The Murraycoin Project ▪ Lead Developer

Quote from: freddingo on May 05, 2014, 06:49:04 PM

Quote from: trogdorjw73 on May 05, 2014, 06:03:19 PM

Quote from: silencesilence on May 05, 2014, 04:45:26 PM

Quote from: coa032 on May 05, 2014, 04:22:46 PM

WTB 100 MON for 0.05 BTC

I will have to disappoint you, expected price of 100 MON is much more than what you offer (0.05) maybe if you remove one zero - 100 MON for 0.5 BTC

Quote from: BorisTheSpider on April 26, 2014, 01:50:52 PM

Specifications:

Premine: Zero
Algorithm: Scrypt-N, merge-mineable on the VTC chain

Total circulation: 8.4 million MON

Only 8.4 million MON less than BTC or LTC or VTC Wink

Except you get MON for "free" while mining for VTC, so there's absolutely no reason to expect MON to approach such a high valuation.

What this guy said.

I spent 2 hours setting up merge mining on my local machine. I am still getting the exact same amount of VTC, but now also have a few hundred MON sitting around that I got for 'free' essentially.

I'm surprised you're getting the exact same amount of VTC considering the average network speed has been 20% higher since MON launched vs the days preceding it - perhaps you've just been lucky... but the VTC return for everybody else, on average, has already dropped about 20%. Once word gets out and ASICs completely squeeze out GPUs on Scrypt coins, the VTC+MON combo will surely be the most attractive Scrypt-N option. It's easy to say it's "free" but your mining ROI is about 25% lower than some of the other Scrypt-N coins if you ignore the potential value of MON.

bholzer

hero member

Activity: 490

Merit: 510

The Murraycoin Project ▪ Lead Developer

Quote from: prometheianz on May 05, 2014, 07:12:25 PM

Quote from: bholzer on May 05, 2014, 06:22:08 PM

Quote from: trogdorjw73 on May 05, 2014, 06:03:19 PM

Quote from: silencesilence on May 05, 2014, 04:45:26 PM

Quote from: coa032 on May 05, 2014, 04:22:46 PM

WTB 100 MON for 0.05 BTC

I will have to disappoint you, expected price of 100 MON is much more than what you offer (0.05) maybe if you remove one zero - 100 MON for 0.5 BTC

Quote from: BorisTheSpider on April 26, 2014, 01:50:52 PM

Specifications:

Premine: Zero
Algorithm: Scrypt-N, merge-mineable on the VTC chain

Total circulation: 8.4 million MON

Only 8.4 million MON less than BTC or LTC or VTC Wink

Except you get MON for "free" while mining for VTC, so there's absolutely no reason to expect MON to approach such a high valuation.

Sure...except now VTC is far from the most profitable Scrypt-N coin to mine (by itself) because people are merge-mining with MON. So it's not exactly "free" and, on top of that, it means that the sustained high difficulty will make it quite difficult to acquire without buying. Clearly, people are banking on MON having value. I only expect the network speed to continue rising as it begins to approach that of VTC as merge-mining VTC+MON is, as we all know, a no-brainer. Due to the rarity, I think it will be interesting to see what happens once this starts trading on exchanges (especially with the consistently reduced block rewards).

Just wait 'til these recently announced 75 m/hash+ Scrypt ASICs are out in force. GPU miners will flock to Scypt-N coins, and VTC is the established player in that arena. The network hashrate will skyrocket.

No doubt - in fact, because of MON, I moved all of my GPU rigs over to Scrypt-N (VTC+MON) earlier than scheduled.

prometheianz

member

Activity: 95

Merit: 10

Quote from: bholzer on May 05, 2014, 06:22:08 PM

Quote from: trogdorjw73 on May 05, 2014, 06:03:19 PM

Quote from: silencesilence on May 05, 2014, 04:45:26 PM

Quote from: coa032 on May 05, 2014, 04:22:46 PM

WTB 100 MON for 0.05 BTC

I will have to disappoint you, expected price of 100 MON is much more than what you offer (0.05) maybe if you remove one zero - 100 MON for 0.5 BTC

Quote from: BorisTheSpider on April 26, 2014, 01:50:52 PM

Specifications:

Premine: Zero
Algorithm: Scrypt-N, merge-mineable on the VTC chain

Total circulation: 8.4 million MON

Only 8.4 million MON less than BTC or LTC or VTC Wink

Except you get MON for "free" while mining for VTC, so there's absolutely no reason to expect MON to approach such a high valuation.

Sure...except now VTC is far from the most profitable Scrypt-N coin to mine (by itself) because people are merge-mining with MON. So it's not exactly "free" and, on top of that, it means that the sustained high difficulty will make it quite difficult to acquire without buying. Clearly, people are banking on MON having value. I only expect the network speed to continue rising as it begins to approach that of VTC as merge-mining VTC+MON is, as we all know, a no-brainer. Due to the rarity, I think it will be interesting to see what happens once this starts trading on exchanges (especially with the consistently reduced block rewards).

Just wait 'til these recently announced 75 m/hash+ Scrypt ASICs are out in force. GPU miners will flock to Scypt-N coins, and VTC is the established player in that arena. The network hashrate will skyrocket.

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: bholzer on May 05, 2014, 06:22:08 PM

Quote from: trogdorjw73 on May 05, 2014, 06:03:19 PM

Quote from: silencesilence on May 05, 2014, 04:45:26 PM

Quote from: coa032 on May 05, 2014, 04:22:46 PM

WTB 100 MON for 0.05 BTC

I will have to disappoint you, expected price of 100 MON is much more than what you offer (0.05) maybe if you remove one zero - 100 MON for 0.5 BTC

Quote from: BorisTheSpider on April 26, 2014, 01:50:52 PM

Specifications:

Premine: Zero
Algorithm: Scrypt-N, merge-mineable on the VTC chain

Total circulation: 8.4 million MON

Only 8.4 million MON less than BTC or LTC or VTC Wink

Except you get MON for "free" while mining for VTC, so there's absolutely no reason to expect MON to approach such a high valuation.

Sure...except now VTC is far from the most profitable Scrypt-N coin to mine (by itself) because people are merge-mining with MON. So it's not exactly "free" and, on top of that, it means that the sustained high difficulty will make it quite difficult to acquire without buying. Clearly, people are banking on MON having value. I only expect the network speed to continue rising as it begins to approach that of VTC as merge-mining VTC+MON is, as we all know, a no-brainer. Due to the rarity, I think it will be interesting to see what happens once this starts trading on exchanges (especially with the consistently reduced block rewards).

the difficulties of VTC and MON will soon equalize, the next step is either difficulties to grow significantly, people are still looking for the right p2p pool

freddingo

newbie

Activity: 16

Merit: 0

Quote from: trogdorjw73 on May 05, 2014, 06:03:19 PM

Quote from: silencesilence on May 05, 2014, 04:45:26 PM

Quote from: coa032 on May 05, 2014, 04:22:46 PM

WTB 100 MON for 0.05 BTC

I will have to disappoint you, expected price of 100 MON is much more than what you offer (0.05) maybe if you remove one zero - 100 MON for 0.5 BTC

Quote from: BorisTheSpider on April 26, 2014, 01:50:52 PM

Specifications:

Premine: Zero
Algorithm: Scrypt-N, merge-mineable on the VTC chain

Total circulation: 8.4 million MON

Only 8.4 million MON less than BTC or LTC or VTC Wink

Except you get MON for "free" while mining for VTC, so there's absolutely no reason to expect MON to approach such a high valuation.

What this guy said.

I spent 2 hours setting up merge mining on my local machine. I am still getting the exact same amount of VTC, but now also have a few hundred MON sitting around that I got for 'free' essentially.

The cool thing about MON isn't the value. The cool thing will be once it is bug free, sharing resources like a real p2pool coin, it is now the perfect template for additional merge-mined coins for VTC. POS coin? Easy! Code carrying coin? Easy!

hammer24p

jr. member

Activity: 63

Merit: 4

Composed Chaos - Predictable payouts out of statistical chaos.

BlockBreaker Jackpot! Every round that ends in less than 75 percent will place 5 VTC in a jackpot. Jackpot rewarded to block finder of 5 percent or less roundtime!

We are patched against the Heartbleed SSL flaw. Test us here.

VTC only stratum available @ stratum+tcp://stratum.composedchaos.net:3338 Merge VTC+MON Mining available! Stratum @ stratum+tcp://stratum.composedchaos.net:9595. Click Home to read news for more information!

Topic: [ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N - page 39. (Read 145946 times)