This and BlackCoin is the future.
Topic: [ANN][CACH] CACHeCoin released based on scrypt-jane - page 64. (Read 224425 times)
Well I'm mining and holding
This and BlackCoin is the future.
This and BlackCoin is the future.
I think, CACH wont rise without Vertcoin rising. But now it looks like coins is dying slowly.
Your post does not make any sense. But whatever: Can I have your stuff?
:-)
Du hast schon richtig verstanden.
Another day of his slow death, volume becomes lower and lower, seems CACH is beeing dumped to death by miners.
I think, CACH wont rise without Vertcoin rising. But now it looks like coins is dying slowly.
Your post does not make any sense. But whatever: Can I have your stuff?
:-)
Nice offer. I support this pool from the start but this pool has a lot of bad luck recently. This scared off people. Look at the stats. 4 consecutively blocks over 100% shares.
IMO, Cachecoin and MRC are the two most undervaluated coins right now. I have stacked up a lot of this two coins and won't sell a dime. Hopefully it will pay me back some days, like BTC
IMO, Cachecoin and MRC are the two most undervaluated coins right now. I have stacked up a lot of this two coins and won't sell a dime. Hopefully it will pay me back some days, like BTC
Every pool (if properly configured) has equal chance of having good or bad luck. Stats were quite awful lately on my pool (106.98% for last 7 days), although those 5 unlucky blocks now have been at leas somewhat compensated by following 4 very lucky blocks (4%, 45%, 23%, 22%)
Still, in the long run, for all time stats the percentage is 99.43% on my pool, which is good (slightly below 100%) and is better than the largest current pool (dedicatedpool, with all-time percentage 106.97%), they were quite lucky last week (99.03%), but also quite unlucky last day (116.50%).
Well, one of the reasons for putting up that payment system was to at least mitigate domination of dedicatedpool (them having 90% was not looking very good and while they are not someone who I'd expect to abuse this for any sort of 51% attack, you can never know what some "clever" employee may do behind their back - insider threats are sometimes quite difficult to avoid ...)
This was only partially successful (seems at current situation, early payouts are not so big of a motivation), now they still have around 80%... I expected more pools to show up, I hoped that some people would start mining perhaps at crunchharder pool, but that pool was completely empty every time I looked at them, even though they posted about their pool every few pages here .... so I am a bit pessimistic about possible competition from new pools. my second pool is almost empty, cryptocoinpool.net is now also empty (that was the only pool with actually zero fees ...), so the only remaining non-empty pool is p2pool. Not much of hashrate there according to the scanner though ...
If the new payout system will lure more people to my pool, then perhaps that may end up as a better base for someone to create a new competing pool - it may be easier if two largest pools are 50:50 before that (such competition could end up as 30:35:35 or something alike) than if they are 15:85 (this may as well end up as 10:10:80 if third pool is introduced - actually not really helping and possibly destabilizing to something like 5:5:90, making things even worse ...)
Spread the hash rate and mine with the Crunch Harder CACHeCoin Pool
for security, redundancy and stability.
https://cache.crunchharder.net
https://crunchharder.net/images/logo-sm.jpg
https://cache.crunchharder.net
for security, redundancy and stability.
https://cache.crunchharder.net
https://crunchharder.net/images/logo-sm.jpg
https://cache.crunchharder.net
I think, CACH wont rise without Vertcoin rising. But now it looks like coins is dying slowly.
I decided to try to do something with dedicatedpool having 90% of the hashrate. As things like saying "please distribute hashrate more evenly" (even if you would write them in 100pt red blinking font) have almost no effect, I had to think about something different.
What would persuade miners to mine elsewhere? 0% fee? No, there is already a CACHe pool with 0% fee and while it is slowly getting users, its growth is slow and having second 0% fee pool won't have probably any significant effect - not enough miners see 0% fee as advantage lsrge enough to join a small pool. The only way would be to somehow offer significantly better services in some aspects (while in other aspects offer at equally good or slightly better services)
So - many complaints on the pool support are about long confirmations. It is 520 blocks. About 5 days. Did the pool owners say that they can't sent the coins earlier and did they babble something about "coin maturity", "unconfirmed" and "impossible"?
Maybe they really can't. But we can and we will!
Mine at http://cach.catcoin.cz and we will simply send you your mined coins much sooner than after 520 confirms - let's just cut down the time and pay miners after mere 90 confirms - approximately one day!
So all miners on http://cach.catcoin.cz will have their mined coins in their local wallets after a day, people mining elsewhere have to wait 4 more days than that to get to their coins. No other pool can currently do that
All miners still get exactly the same amount of coins as usual - but they get them several days earlier!
How is it possible? How does it work:
Pool is using a coin buffer, supplied by pool operators - as long as there are enough confirmed coins in the buffer to pay for oldest unconfirmed block, users are paid.
For every block paid out, the same amount of unconfirmed coins is assigned to the buffer, where they wait to be confirmed.
The new payment system is robust - even if everybody on the pool decides to request a payout of all their funds in the same moment for some reason (price spike at exchanges?),
there would be enough confirmed coins to pay everybody out instantly.
Following picture should explain how it works and you can see the benefit of the new payout system.
Performance:
The performance of the early-payment feature depends on amount of coins in the buffer and on number of found blocks (that in turn depends on percentage of network hashrate).
Considering current situation, the optimistic target of sending coins after 1 day will hold up until about 30 MH/s pool hashrate, after that the delay will gradually increase (the buffer is not infinite and can only cover certain amount of blocks).
In the absolutely worst case (pool getting somehow close to 100% hashrate in a spike, where there are not much PoS blocks - very unlikely to happen, though) the coins would be paid out still almost a day earlier than usual. At pool having 50% of network hashrate (possibly somewhat realistic scenario), coins would be paid out 2-3 days earlier.
Note that the early payments are capped at 90 blocks (the pool will never pay out blocks earlier than after 90 confirmations, i.e. about 1 day)
Well, after turning the system on, lot of miners suddenly received 4-days worth of mined coins (what a pleasant surprise and of course, from now on, all miners will receive mined coins after only a day of confirming.
What would persuade miners to mine elsewhere? 0% fee? No, there is already a CACHe pool with 0% fee and while it is slowly getting users, its growth is slow and having second 0% fee pool won't have probably any significant effect - not enough miners see 0% fee as advantage lsrge enough to join a small pool. The only way would be to somehow offer significantly better services in some aspects (while in other aspects offer at equally good or slightly better services)
So - many complaints on the pool support are about long confirmations. It is 520 blocks. About 5 days. Did the pool owners say that they can't sent the coins earlier and did they babble something about "coin maturity", "unconfirmed" and "impossible"?
Maybe they really can't. But we can and we will!
Mine at http://cach.catcoin.cz and we will simply send you your mined coins much sooner than after 520 confirms - let's just cut down the time and pay miners after mere 90 confirms - approximately one day!
So all miners on http://cach.catcoin.cz will have their mined coins in their local wallets after a day, people mining elsewhere have to wait 4 more days than that to get to their coins. No other pool can currently do that
All miners still get exactly the same amount of coins as usual - but they get them several days earlier!
How is it possible? How does it work:
Pool is using a coin buffer, supplied by pool operators - as long as there are enough confirmed coins in the buffer to pay for oldest unconfirmed block, users are paid.
For every block paid out, the same amount of unconfirmed coins is assigned to the buffer, where they wait to be confirmed.
The new payment system is robust - even if everybody on the pool decides to request a payout of all their funds in the same moment for some reason (price spike at exchanges?),
there would be enough confirmed coins to pay everybody out instantly.
Following picture should explain how it works and you can see the benefit of the new payout system.
Performance:
The performance of the early-payment feature depends on amount of coins in the buffer and on number of found blocks (that in turn depends on percentage of network hashrate).
Considering current situation, the optimistic target of sending coins after 1 day will hold up until about 30 MH/s pool hashrate, after that the delay will gradually increase (the buffer is not infinite and can only cover certain amount of blocks
).In the absolutely worst case (pool getting somehow close to 100% hashrate in a spike, where there are not much PoS blocks - very unlikely to happen, though) the coins would be paid out still almost a day earlier than usual. At pool having 50% of network hashrate (possibly somewhat realistic scenario), coins would be paid out 2-3 days earlier.
Note that the early payments are capped at 90 blocks (the pool will never pay out blocks earlier than after 90 confirmations, i.e. about 1 day)
Well, after turning the system on, lot of miners suddenly received 4-days worth of mined coins (what a pleasant surprise
and of course, from now on, all miners will receive mined coins after only a day of confirming.Nice offer. I support this pool from the start but this pool has a lot of bad luck recently. This scared off people. Look at the stats. 4 consecutively blocks over 100% shares.
IMO, Cachecoin and MRC are the two most undervaluated coins right now. I have stacked up a lot of this two coins and won't sell a dime. Hopefully it will pay me back some days, like BTC
I've put up a Wiki: http://wiki.cachecoin.net
It would be nice place to collect all the information (mining instructions, mining hardware comparison, list of services, list of pools, etc ...) related to CACHeCoin that is now scattered across several threads in several forums. I've started with mainly some mining-related information (I plan to add all the other useful info and links as I'll look through Cachecoin threads here and at cachecoin forum), but it would be nice if you can extend especially the page http://wiki.cachecoin.net/w/Mining_Hardware_Comparison with hashrates from your hardware ...
It would also serve as a tool of answering all the questions like "How does PoS work?" or "How many confirmations till maturity?", as all the technical information would be there also ... soon
It would be nice place to collect all the information (mining instructions, mining hardware comparison, list of services, list of pools, etc ...) related to CACHeCoin that is now scattered across several threads in several forums. I've started with mainly some mining-related information (I plan to add all the other useful info and links as I'll look through Cachecoin threads here and at cachecoin forum), but it would be nice if you can extend especially the page http://wiki.cachecoin.net/w/Mining_Hardware_Comparison with hashrates from your hardware ...
It would also serve as a tool of answering all the questions like "How does PoS work?" or "How many confirmations till maturity?", as all the technical information would be there also ... soon
Awesome :-) you need to add the PoS explanation there as well. For those who are confused
I've put up a Wiki: http://wiki.cachecoin.net
It would be nice place to collect all the information (mining instructions, mining hardware comparison, list of services, list of pools, etc ...) related to CACHeCoin that is now scattered across several threads in several forums. I've started with mainly some mining-related information (I plan to add all the other useful info and links as I'll look through Cachecoin threads here and at cachecoin forum), but it would be nice if you can extend especially the page http://wiki.cachecoin.net/w/Mining_Hardware_Comparison with hashrates from your hardware ...
It would also serve as a tool of answering all the questions like "How does PoS work?" or "How many confirmations till maturity?", as all the technical information would be there also ... soon
It would be nice place to collect all the information (mining instructions, mining hardware comparison, list of services, list of pools, etc ...) related to CACHeCoin that is now scattered across several threads in several forums. I've started with mainly some mining-related information (I plan to add all the other useful info and links as I'll look through Cachecoin threads here and at cachecoin forum), but it would be nice if you can extend especially the page http://wiki.cachecoin.net/w/Mining_Hardware_Comparison with hashrates from your hardware ...
It would also serve as a tool of answering all the questions like "How does PoS work?" or "How many confirmations till maturity?", as all the technical information would be there also ... soon
What is the block size for POW and what the block size for POS ?
Like if the POW block size (reward) is 15 coins what would the POS, keeping the coins in an unlocked wallet, pays out at this time, 5coins/10/etc?, and how to find it ?
Like if the POW block size (reward) is 15 coins what would the POS, keeping the coins in an unlocked wallet, pays out at this time, 5coins/10/etc?, and how to find it ?
The payout for PoS is based on number of days your coins have stayed in your wallet. Minimal time for PoS stake to occur is 7 days, maximal PoS stake is 30 days (coins older than that are counted as 30 days old for purpose of stake). The amount of coins earned via PoS is then equivalent to about 5% year interest on those coins
My 270 x 90 k, it is normal? thank you
What is the block size for POW and what the block size for POS ?
Like if the POW block size (reward) is 15 coins what would the POS, keeping the coins in an unlocked wallet, pays out at this time, 5coins/10/etc?, and how to find it ?
Like if the POW block size (reward) is 15 coins what would the POS, keeping the coins in an unlocked wallet, pays out at this time, 5coins/10/etc?, and how to find it ?
There is much to come for cach. I plan to have it number 3 behind LTC inside the year. It is a central part to our plans now.
Why so optimistic? Could you please explain.
Spread the hash rate and mine with the Crunch Harder CACHeCoin Pool
for security, redundancy and stability.
https://cache.crunchharder.net
https://crunchharder.net/images/logo-sm.jpg
Peace of mind CACHeCoin mining with Crunch Harder:
*UK-Based Pool
*High End Dedicated Servers
*Fully Redundant, Fault-Tolerant Architecture
*Automatic Backup of Wallets and Databases
*Technical Support from Experienced Coin Devs and Pool Owners
*Dedicated Support Ticketing System
*4096 Bit SSL Security with SHA256
https://cache.crunchharder.net
for security, redundancy and stability.
https://cache.crunchharder.net
https://crunchharder.net/images/logo-sm.jpg
Peace of mind CACHeCoin mining with Crunch Harder:
*UK-Based Pool
*High End Dedicated Servers
*Fully Redundant, Fault-Tolerant Architecture
*Automatic Backup of Wallets and Databases
*Technical Support from Experienced Coin Devs and Pool Owners
*Dedicated Support Ticketing System
*4096 Bit SSL Security with SHA256
https://cache.crunchharder.net
Is there a CPU miner out there ? I would like to do some tests mining CACHE with CPU power !
Yes, just use kalgecin's CPUminer
Its source code: https://github.com/kalgecin/cpuminer
With current nfactor it works, but it is not very effective - any decent AMD card will give you more hash and more hash per watt.
There is much to come for cach. I plan to have it number 3 behind LTC inside the year. It is a central part to our plans now.
Whats da problem with CACH value? Buy CACH for 10BTC and it will rise. Its dat easy.
Thats what I am thinking. Whenever I need more Fibonacci ASICs, I use 10, 20, 50 BTC to manipulate the cach price and use the cach to buy like unlimited ASICs.Tbh, I've been playing with that thoughts right since the beginning. But with the 18 chips limitation currently its not worth to follow that road. If the limits get removed at a later point, lets say batch #3, batch #4, you will be able to manipulate the pricing of the ASICs because Cach is a low-volume coin.
It's an interesting move and I will continue watching this coin closely.
@Cloudpost, The dumps of CACH after the presale was announced - that was me. I just had too much cach because I didnt expect a limitation. Nothing fishy about that. I never planned to dump this coin. It was rather giving other people the chance to get in cheap.
Right here bud! it was somewhere else as well, but this deal was basically a reward for people who followed the thread dilligently, if you did not then you missed out.
https://litecointalk.org/index.php?topic=2702.msg132454#msg132454
also here kinda by Sy who is a trusted host to answer questions in thread:
https://litecointalk.org/index.php?topic=2702.msg140666#msg140666
https://litecointalk.org/index.php?topic=2702.msg132454#msg132454
also here kinda by Sy who is a trusted host to answer questions in thread:
https://litecointalk.org/index.php?topic=2702.msg140666#msg140666
Thanks, that's what I was looking for
Whats da problem with CACH value? Buy CACH for 10BTC and it will rise. Its dat easy.
I could explain it to you but honestly, why spoon feed? If you can't think and see relations for yourself maybe loosing your money will teach you a better than i will ever be able to.
I am sick off everyone who doesn't even care to read and then complains about things that were widely available and known, investing "alot" into something doesn't come with special care, use your brain!
I am sick off everyone who doesn't even care to read and then complains about things that were widely available and known, investing "alot" into something doesn't come with special care, use your brain!
If you can, please explain
But first of all, I want to get the link to the info about 24 hrs limit because it is not in the OP and it's not on fibonacci.io site.Personally, I didn't loose money. I was happy with the high price and I made some money with cache tbh.
It must be posted at least 50 times throughout the Fibonacci thread that they will accept CACHE at 0.01 BTC when pre-orders start... I don't feel bad for anyone who did not at least skim through the thread. I am very happy with the purchase of my new FIB miner shares at a 40-50% discount.
You didn't understand my post. I do not ask why he accepted cache at 0.01 (when that info was published and confirmed by Jasonlee, the cache price went up from 0.001 to 0.005-0.007 in 1-2 days), I read the thread that time and saw that statement several times, but I didn't see that there is any kind of information about the time limit to pay with cache.
That's what I ask for: show me the info about 24 hours limit.
Right here bud! it was somewhere else as well, but this deal was basically a reward for people who followed the thread dilligently, if you did not then you missed out.
https://litecointalk.org/index.php?topic=2702.msg132454#msg132454
also here kinda by Sy who is a trusted host to answer questions in thread:
https://litecointalk.org/index.php?topic=2702.msg140666#msg140666
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