Well, finally got some good news!
Bitsquare has agreed to list YACC and 1CR, and will list IMAC as well once a block explorer is established for it. I've asked the folks over at ProHashing to add IMAC to that list.
Does anyone know of a block explore already working for IMAC???
Cassey
Topic: [ANN][1CR] 1CRedit Coin Relaunch - page 16. (Read 290029 times)
It looks like the address that mined all the recent blocks is CayjEqrMQNa1b42UcJvgfbiTsh92bqLYBo
https://chainz.cryptoid.info/1cr/address.dws?CayjEqrMQNa1b42UcJvgfbiTsh92bqLYBo.htm
Their first block was May 12, 2014
https://chainz.cryptoid.info/1cr/tx.dws?2171.htm
and they have mined a little over 25% of all blocks
https://chainz.cryptoid.info/1cr/extraction.dws?569.htm
The coin was apparently first listed on Polo April 28, 2014 so they are one of the first pools.
Aside from this dry stretch now, there were also no blocks found
7/30 to 8/3 2016
7/20 to 7/28 2016
6/21 to 6/24 2016
4/18 to 5/4 2016
3/7 to 3/18 2016
etc
Not sure what can be deduced, but I would guess that without a solution the end is near. I still have a lot of 1credit and hope a solution is found.
https://chainz.cryptoid.info/1cr/address.dws?CayjEqrMQNa1b42UcJvgfbiTsh92bqLYBo.htm
Their first block was May 12, 2014
https://chainz.cryptoid.info/1cr/tx.dws?2171.htm
and they have mined a little over 25% of all blocks
https://chainz.cryptoid.info/1cr/extraction.dws?569.htm
The coin was apparently first listed on Polo April 28, 2014 so they are one of the first pools.
Aside from this dry stretch now, there were also no blocks found
7/30 to 8/3 2016
7/20 to 7/28 2016
6/21 to 6/24 2016
4/18 to 5/4 2016
3/7 to 3/18 2016
etc
Not sure what can be deduced, but I would guess that without a solution the end is near. I still have a lot of 1credit and hope a solution is found.
I don't know what pool that is. Out wallet address at Prohashing is CdYqdgvqHsvAEvMHsF6EgqCMttPX65QYYA, and we limit hashrate assigned so that difficulty does not skyrocket. It's unfortunate that the other pool does not care about 1CRedit.
As I previously wrote, for two days I was not awarded mining.
mpos.1creditcoin.org pool.
30MH - my miner.
All of the 0 in pool statistics.
mpos.1creditcoin.org pool.
30MH - my miner.
All of the 0 in pool statistics.
Well, I can tell you its annoying the hell out of me. I even participated in an e-bay auction for an A2 miner to try and help out, but lost the bid.
I have 26MH working on it, but the last difficulty was based on 845HMz, and that was for the previous block. No telling what the current block difficulty is. mpos.1creditcoin.org predicted it higher, but I can't say how much higher.
Believe me, we worked on algos for 6 months to try and prevent this, and managed to for over 2 years, but not this time. Remember this is a distributed effort, so if we put in something like "After 2 hours, decrease the difficulty across the entire network" people would simply jump their clocks forward. Its not that simple.
If you want to help, point your miners at mpos.1creditcoin.org or another pool. Its tough trying to break this with just one other person mining (that I can see on mpos).
I have 26MH working on it, but the last difficulty was based on 845HMz, and that was for the previous block. No telling what the current block difficulty is. mpos.1creditcoin.org predicted it higher, but I can't say how much higher.
Believe me, we worked on algos for 6 months to try and prevent this, and managed to for over 2 years, but not this time. Remember this is a distributed effort, so if we put in something like "After 2 hours, decrease the difficulty across the entire network" people would simply jump their clocks forward. Its not that simple.
If you want to help, point your miners at mpos.1creditcoin.org or another pool. Its tough trying to break this with just one other person mining (that I can see on mpos).
SCAM prepared sometimes more time.
SCAM... right... spent 2 years setting this up and caring for this coin just to scam you while still holding a major stake in it. FU.
Still got nothing.
SCAM.
SCAM.
What I'm saying is that other coins have been raped repeatedly by multicoin pools and suffer this problem on a fairly regular basis - with the regular, loyal, miners paying the price for get-rich-quick automated processes. I know, because I have authored and still support one of those coins (Yaccoin).
What I'm saying is that, until this recent external pump and dump, the coin has been running perfectly fine for over 2 years.
What I'm saying is that this is one of the things that makes this coin different from others, and that most get it.
Of course I'm not happy about the current situation, but I'm not about to remove the uniqueness of this coin just so it can be like every other coin out there - which wouldn't solve this problem anyway.
Curious how many coins you have authored and support that work better, over periods of years, not just for a weeks or months?
Bottom line: EVERY coin, if you throw 100X more than normal computing at it will adjust its difficulty by 100X. If you then yank the computing and put it back down at 1X, the coin will take 100X the normal time range to find its next block. For 1CR, the actual number was AT LEAST 40X, for a coin that fairly regularly would have a 8+hour block once in awhile, so 10+ days is unfortunate, but not out of the realm of normality, for a one off event like what it just went through. If they do it again, after the coin re-balances itself, I would suggest selling and taking away the pump & dumpers incentive.
I am not a miner but would like to understand basics. I'm not trying to be critical, but you seem to contradict.
There have been many times prior to this last pump when the coin would get many blocks mined suddenly then go days without a block. It isn't something that just popped up.
You seem to be saying it's a deliberate thing that's built into the coin, but then you also say it is something that shouldn't happen.
I don't want to get attacked by you for wondering what the facts are.
Just curious.
Sorry, but the question is like asking an olympic 200M butterflyer who came in 4th why he didn't try breaststroke instead. Do you honestly think we didn't spend any time thinking about this prior to implementing?
... In fact, its why 1CR was designed with the wild block time (which still averages out ok): When it was created, multicoinpools would target whatever coin was worth the most, in a short period of time. That would result in brief run-ups followed by abandonment that the regulars would pay for.
Are you saying you favor having a lot of blocks mined in a few minutes then many days without a block?
Wouldn't it be better to have a more reliable block time?
What I'm saying is that other coins have been raped repeatedly by multicoin pools and suffer this problem on a fairly regular basis - with the regular, loyal, miners paying the price for get-rich-quick automated processes. I know, because I have authored and still support one of those coins (Yaccoin).
What I'm saying is that, until this recent external pump and dump, the coin has been running perfectly fine for over 2 years.
What I'm saying is that this is one of the things that makes this coin different from others, and that most get it.
Of course I'm not happy about the current situation, but I'm not about to remove the uniqueness of this coin just so it can be like every other coin out there - which wouldn't solve this problem anyway.
Curious how many coins you have authored and support that work better, over periods of years, not just for a weeks or months?
Bottom line: EVERY coin, if you throw 100X more than normal computing at it will adjust its difficulty by 100X. If you then yank the computing and put it back down at 1X, the coin will take 100X the normal time range to find its next block. For 1CR, the actual number was AT LEAST 40X, for a coin that fairly regularly would have a 8+hour block once in awhile, so 10+ days is unfortunate, but not out of the realm of normality, for a one off event like what it just went through. If they do it again, after the coin re-balances itself, I would suggest selling and taking away the pump & dumpers incentive.
Yeah... we are suffering the classic post euphoria depression cycle . Seriously though, I expected this to last 2-4 days. We went from something like 850MH on the network to 20-30Mh on a coin with a wildly variable block time.
Bottom line: we are just suffering from the sudden withdrawal of a LOT of hashing post the coin run-up and abandonment when the run-up was over.
Happens to virtually ever small coin that gets attention from time to time. In fact, its why 1CR was designed with the wild block time (which still averages out ok): When it was created, multicoinpools would target whatever coin was worth the most, in a short period of time. That would result in brief run-ups followed by abandonment that the regulars would pay for.
Bottom line: we are just suffering from the sudden withdrawal of a LOT of hashing post the coin run-up and abandonment when the run-up was over.
Happens to virtually ever small coin that gets attention from time to time. In fact, its why 1CR was designed with the wild block time (which still averages out ok): When it was created, multicoinpools would target whatever coin was worth the most, in a short period of time. That would result in brief run-ups followed by abandonment that the regulars would pay for.
been over 11 days since a block has been popped?? any particular reason??
Cassey.
Already 24 hours as there is no payment for mining on mpos.1creditcoin.org
What happened?
Already 24 hours as there is no payment for mining on mpos.1creditcoin.org
What happened?
I created a custom link to the 1CRUSD chart provided by tradingview.
Original link: http://www.tradingview.com/chart/?symbol=1CRBTC*BTCUSD
Shortened link (only use bitly-links if you trust the creator!): http://bit.ly/1crusd
edit: The weekly chart since trading started at polonix (excuding the first week because ridicoulous high price spike)
Original link: http://www.tradingview.com/chart/?symbol=1CRBTC*BTCUSD
Shortened link (only use bitly-links if you trust the creator!): http://bit.ly/1crusd
edit: The weekly chart since trading started at polonix (excuding the first week because ridicoulous high price spike)
Thanks!
I have a selling system for any asset I think has the potential to increase exponentially.
It's based on a few simple rules:
1) sell x % of your current stash (z) each time price is multiplied by y
2) devide that amount of coins in smaller tranches and distribute them evenly
3) stick to the plan.
An example with z = 1000 1CR, bought at 0.5 mBTC; x = 10%; y = 2
SELL 10% of 1000 = 100 1CR starting at 2*0.5 = 1 mBTC. Spread those 100 1CR in 10 orders between 1 mBTC and 2*1 = 2 mBTC
=> 10 1CR @ 1 mBTC; 10 1CR @ 1.1 mBTC; 10 1CR @ 1.2 mBTC; ...; 10 1CR @ 1.9 mBTC
SELL 10 % of 1000-100 = 90 1CR starting at 2*1 = 2 mBTC. Spread those 90 1CR in 10 orders between 2 mBTC and 2*2 = 4 mBTC
=> 9 1CR @ 2 mBTC; 9 1CR @ 2.2 mBTC; 9 1CR @ 2.4 mBTC; ...; 9 1CR @ 3.8 mBTC
SELL 10 % of 900-90 = 81 1CR starting at 2*2 = 4 mBTC. Spread those 81 1CR in 10 orders between 4 mBTC and 2*4 = 8 mBTC
=> 8.1 1CR @ 4 mBTC; 8.1 1CR @ 4.4 mBTC; 8.1 1CR @ 4.8 mBTC; ...; 8.1 1CR @ 7.6 mBTC
...
If you continue to do this, you'll still have 348 1CR when 1 1CR = 1.024 BTC
Meanwhile you are cashing some 1CR out to BTC slowly
It's based on a few simple rules:
1) sell x % of your current stash (z) each time price is multiplied by y
2) devide that amount of coins in smaller tranches and distribute them evenly
3) stick to the plan.
An example with z = 1000 1CR, bought at 0.5 mBTC; x = 10%; y = 2
SELL 10% of 1000 = 100 1CR starting at 2*0.5 = 1 mBTC. Spread those 100 1CR in 10 orders between 1 mBTC and 2*1 = 2 mBTC
=> 10 1CR @ 1 mBTC; 10 1CR @ 1.1 mBTC; 10 1CR @ 1.2 mBTC; ...; 10 1CR @ 1.9 mBTC
SELL 10 % of 1000-100 = 90 1CR starting at 2*1 = 2 mBTC. Spread those 90 1CR in 10 orders between 2 mBTC and 2*2 = 4 mBTC
=> 9 1CR @ 2 mBTC; 9 1CR @ 2.2 mBTC; 9 1CR @ 2.4 mBTC; ...; 9 1CR @ 3.8 mBTC
SELL 10 % of 900-90 = 81 1CR starting at 2*2 = 4 mBTC. Spread those 81 1CR in 10 orders between 4 mBTC and 2*4 = 8 mBTC
=> 8.1 1CR @ 4 mBTC; 8.1 1CR @ 4.4 mBTC; 8.1 1CR @ 4.8 mBTC; ...; 8.1 1CR @ 7.6 mBTC
...
If you continue to do this, you'll still have 348 1CR when 1 1CR = 1.024 BTC
Meanwhile you are cashing some 1CR out to BTC slowly
Nice pump.
Not my doing... but I did sell a few coins... Wonder if it will reach 0.004? Getting closer as the day wears on.
u were smart enough to not bump this thread.
Nice pump.
Not my doing... but I did sell a few coins... Wonder if it will reach 0.004? Getting closer as the day wears on.
Nice pump.
Any working pool besides yours cassey? diff too low to my rented hash
Sorry, only track my own. Which, apparently is working, although the latest OS patches have goofed up the # of workers being displayed on the dashboard. All three of my pools have the problem, all three are running on the same machine. I have my software guy scheduled to take a look.
This one use to be active, no idea if it still is: http://mineblocks.no-ip.org:2627/pool/1CR/ Others have been posted in this thread, might be worth a scan.
Any working pool besides yours cassey? diff too low to my rented hash
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