Topic: [ANN][CACH] CACHeCoin released based on scrypt-jane - page 89. (Read 224425 times)

1) Managing the pool is work and Singula has been doing great to support the Cachecoin community

2) He opened up a second pool, since despite the fact that he provided information what is needed for a pool and offering his help, noone started a second pool. I wanted to, but after having it setup and running for a couple of hours it already got attacked and I do not want to sit in front of the pc 24/7 to watch the log for a php-mpos pool to see if anything is compromised. Keep in mind that this coin needs 520 confirmations until it matures and can be payed out. That is when we reach normal target time 7 days - so for 7 days I am like a bank and need to ensure that nothing is compromised to be able to pay out the miner....So no thank you - thats why I provied a p2pnode which pays out instantly and there are no coins in my wallet on the server.

3) Singula is still offering anyone help to open up another pool - so if you dont want to mine on the first one - open your own one

4) the second pool only has 1.5% fee at the moment, and all fees will be at even again, once the hashrate is distributed

5) On Sunday evening he already closed reigstrations and asked people to more arround - noone cared

6) Yesterday when the registrations closed and people were asked to move arround, noone cared - instead hashrate increased on the pool as more workers where pointed at one pool

7) In this thread we have been overly announcing to distribute the hashrate - but barely anyone did

So if the people mining do not care about distributing the hashrate to secure a network - the developer(s) and all pool owner(s) are bound to take action to distribute the hashrate and stabilize the network. (Look around about the fears of 51% attacks on bitcoin, think about if one pool has 70% hashrate what it means if that pool fails etc....)

Last but not least - talking about why the hashrate is not lowered yet: Some people are not in front of their pc 24/7 to check this stuff, some people live in a different timezone than yours and might be actually sleeping while the hashrate drops..


So raising the fee was one of the last options to move people around! Or do you see any other path? Please enlighten us

E: forgot the last point
PS: sometimes I really feel that ignorance is bliss - but when people are that ignorant ...

I think it's far below it's potential. The coin is still relatively young - we won't see it's true value until 3-4 months from now.
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Alrighty, thanks

If he's not the owner why did he reply?

And I just said that 3% was to much when he could close registrations earlier or even keep registrations closed...

I would move to another pool if payments were good there...but we don't have any pool finding blocks like this one!

Why? Are you under some weird dissolution that the developer of this coin sets the fees for all of the pools - and not the pool owners? Hmm.. I wonder if Satoshi Nakamoto and all the other BitCoin founding developers set the pool fees for the dozens, if not hundreds, of pools that mine that coin..

I think kalgecin is absolutely right. If you don't like the fees on any given pool, move to another pool. It's the same in every cryptocurrency - do some shopping around, find the pool which suits you and stick with it.

I think it's far below it's potential. The coin is still relatively young - we won't see it's true value until 3-4 months from now.

Hello guys, do you think the current price of 0.006 is fair? I can't find the total amount of coins to be expected.

I was getting share above target trying to go to a traditional pool. after seeing this I tried the p2pool bat line from the OP. works fine. though my hashrate is down 25-35% on what i normally get from scrypt mining

I think he did the 3% to let people jump to other pool (p2p). Good move!

LOL...Nice answer from dev...I would expect better one...but out of arguments leads to this...Thank you for this nice talk!

If you don't like the fees, move to another pool

Yes I know that also...but 1% to 2% that's good...every pool have those fees but increasing from 1% to 3%....there's no sense in that 

Besides now that pool is running at 36% of net hash rate as we speak...so why didn't he lower fees?

Yes, and running the pool also costs

The fees are for the pool owner....that's all I know 

Hello,

my batch file is this > cgminer.exe --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388949883 -o http://q30.qhor.net:8336 -u -p x --shaders 2048 --thread-concurrency 11200 -I 13 -g 2 -w 256 --gpu-engine 1050 --gpu-memclock 1500 --lookup-gap 2 --shaders 2048 --gpu-fan 85

I'm getting 566 KH/s from my R9 280X, you can OC more if you have room for it...

The fees were meant to encourage people to move to other pools and distribute the hashrate across the network

Nice incentive...I bet you didn't mind at all wile you are getting 3% fees from miners...nice move 

I'm using Robert Davidson's modified scrypt-jane cgminer - https://sites.google.com/site/rmdavidson/cgminer-3.7.2-sj-0.02.zip

These are the parameters I'm using - cgminer.exe --scrypt --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388949883, initially I used --scrypt-jane but that just threw HW errors.

I've tried with and without "-g 2 -I 13 -w 256 --thread-concurrency 8193 --lookup-gap 2".

I've tried with and without my tuned .cl files.

On any one of the P2Pools I get accepts, but don't show up on the webpage. If I'm getting share accepts where on earth are they going?

On the traditional pool I show up, but just get rejects "share above target".

Thanks for helping.

What settings are others using for R9 280X?

I suspect bad parameters for Nfmin/Nfmax/StartT ... which version of cgminer and what commandline parameters are you using?

Now another problem, after 8 hours of mining I'm still not showing up on the P2Pool. But 99% accepts according to cgminer.

I've tried a traditional pool - http://pool.cachecoin.net/index.php, but I just get constant "Reject - share above target" there.

I've switched back to the standard .cl files and still the same problem.

Any ideas

short guide on vagrant

Get vagrant from vagrantup.com then,

1. Download the box image
2. run vagrant init
3. edit Vagrantfile and uncomment the line with "config.vm.network :public_network"
4. run vagrant up

This will boot up the virtual box and launch the cachecoin wallet and p2pool node. You can access the virtual machine using the command vargant ssh. Then you can point your miners to the virtual machine and mine away :-D

Thanks kalgecin - please use the image to start you own node and distribute the hashrate

And if you just wanna join p2pool - heres a quick guide on p2pool https://bitcointalksearch.org/topic/annp2cach-cachecoin-pools-mine-the-most-profitable-coin-now-466045